2022-03-31-accounts - The Prompt Maternity Foundation

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	8~?M
		2022	2021
FIXEDASBETS	Notes		6
Intangible assets	14	1
Tangible assets	15	4,690	4,434
		4,691
CURRENT ASSETS
Debtors Cash at bank and in hand		97,476 'l,067,665	57,671 1,136,651
		1,165,361	1,194,722
CREDITOR8
Amounts falling dus within one year		(236,995)	(364,046)
NET CURRENT ASBETS			630,676
TOTAL ASSETS LESSCURRENT LIABILITIES		933,257	635,111
NET ASSETS		03325?	03','111
FUNDS	20
Unrsstdotsd funds Restricted funds		771,726 161,531	460,162 354„949
TOTAL FUNDS		003,20?	035.111

		f	or the Year Ended	31 March 2022
				2022	2021
			Notes	F	F
Cash flows from operating activities Cash generated from operations				~66,817)	~570,095)
Net cash used in operating	activities			~66,817)	~570,095)
Cash flows from investing	activities
Purchase oftangible fixed assets Sale oftangible fixed assets				(2,707)	(5,144) 598
Sale offixed asset investments					1
Interest received				558	1,890
Net cash used in investing activities				~2,149)	~2,655)
Change in cash and cash	equivalents	in
the reporting period				(68,966)	(572,750)
Cash and cash equivalents	at the
beginning ofthe reporting	period			1,136,851	1,709,601
Cash and cash equivalents	at the end	of
the reporting period				1,067,885	1,136,851

RECONCILIATION ACTIVITIES	OF NE	T INCOME/(EXPE	NDITURE) TO NET	CASH FLOW	FROM OPERATI	NG
					2022	2021
						8
Net income/(expenditure)		for the reporting	period (as per the
Statement ofFinancial Activities)					98,146	(584,307)
Ad)ustments for:
Depreciation charges					2,251	673
Interest received					(558)	(1,890)
Increase in debtors (Decrease)/increase	in creditors				(39,605) ~127,051)	(6,757) 22,186
Net cash used in operations					~66,817)	~570,095)
ANALYSIS OF CHANGES		IN NET FUNDS
				At 1.4.21 f	Cash flow	At31.3.22 8
Net cash
Cash at bank and in	hand			1,136,851	~68,966)	1,067,885
				1,136,851	~68,966)	1,067,885
Total				1,136,851	~68,966)	~1,067 885

			No	tes to the Financial Statem for the Year Ended 31	ents -continued March 2022
2.	DONATIONS	AND	LEGACIES
						2022f	2021 8
	Donations					17,032	2,594
3.	OTHER TRADING		ACTIVITIES
						2022	2021
	Fundraising	events					3,234
4.	INVESTMENT INCOME
						2022	2021
	Deposit account interest					558	1,890
5.	INCOME FROM CHARITABLE			ACTIVITIES
				Activity		2022 F	2021f
	Course fees			Training		558,337	13,634
	Grants			Research			95,000
						558,337	108,634
6.	RAISING FUNDS
	Raising donations		and legacies
						2022f	2021f
	Fundraising	costs				418	217
7.	CHARITABLE ACTIVITIES COSTS
					Direct	Support
					Costs (see	costs (see
					note 8)	note 9)	Totals
	Training				130,803	147,302	278,105
	Research				212,177	1,552	213,729
					342,980	148,854	491,834
8.	DIRECT COSTS OF CHARITABLE ACTIVITIES
						2022	2021
						6
	Staff costs					298,521	547,737
	Direct costs					44,459	98,476
						342,980	646,213

Support costs, included	in the above, are as foll	ows:
Management
				2022	2021
				Total	Total
		Training 6	Research	activities 6	activities f
Wages		115,606	1,218	116,824	31,717
Rent		(2,771)	(29)	(2,800)
Insurance		4,498	47	4,545	5,486
Pdinting, postage and stationery		10		10	1,578
Travel and subsistence		438	5	443	(197)
Meeting room hire and	catering	640	7	647
IT		7,100	75	7,175	8,328
Professional fees		13,994	148	14,142	15,940
Bank charges		199	2	201	200
Support, Training, Volunteer		2,098	22	2,120	3,235
Sundry		948	10	958	1,228
Course and MD fees		1,179	12	1,191	136
Exchange loss/(gain)		1,135	12	1,147	5,096
Bad debt wdite off					11,098
Depreciation oftangible	and heditage assets	2,228	23	2,251	673
		147,302	1,552	148,854	84,518
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
				2022	2021
				6
Depreciation -owned assets				2,251	673
Auditor's remuneration				13,136	11,640

STAFF COSTS
					2022f	2021f
Wages and salaries					414,761	579,204
Social security costs						250
Other pension costs					584
					415,345	579,454
The average monthly	number of	employees		during the year was as follows:
					2022	2021
Full or part time staff					13	=12
No employees received emoluments			in excess of660,000.
COMPARATIVES FOR THE STATEMENT				OF FINANCIAL ACTIVITIES
				Unrestricted	Restdcted	Total
				fundf	funds 8	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies				2,594		2,594
Charitable activities
Training				13,634		13,634
Research					95,000	95,000
Other trading activities				3,234		3,234
Investment income				1,890		1,890
Other income				28,352	1,937	30,289
Total				49,704	96,937	146,641
EXPENDITURE ON
Raising funds				217		217
Charitable activities
Training				80,295		80,295
Research				4,222	646,214	650,436
Total				84,734	646,214	730,948
NET INCOME/(EXPENDITURE)				(35,030)	(549,277)	(584,307)
Transfers between funds				~31,307)	31,307
Net movement in funds				(66,337)	(517,970)	(584,307)
RECONCILIATION OF FUNDS
Total funds brought	forward			546,499	872,919	1,419,418
TOTAL FUNDS CARRIED FORWARD				480,162	354,949	835,111

14.	INTANGIBLE FIX	E	DA	SSETS
							Intellectual
							Property
							Rights
							6
	COST
	At 1 April 2021 and		31	March 2022
	NET BOOK VALUE
	At 31 March 2022
	At 31 March 2021
15.	TANGIBLE FIXEDASSETS
							Computer
							equipment
	COST
	At 1 April 2021						9,120
	Additions						2,707
	At 31 March 2022						11,827
	DEPRECIATION
	At 1 April 2021						4,686
	Charge for year						2,251
	At 31 March 2022						6,937
	NET BOOK VALUE
	At 31 March 2022						4,890
	At 31 March 2021						4,434
16.	DEBTORS:AMOUNTS			FALLING DUE WITHIN ONE YEAR
					2022		2021
							8
	Trade debtors				40,751		49,780
	Other debtors				49,720		7,341
	Prepayments and accrued income				7,005		750
					97,476		57,871
17.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2022 8		2021 f
	Trade creditors				46,119		71,887
	Social security and	other taxes				656	530
	Other creditors				2,864		679
	Accruals and deferred			income	187,356		290,950
					236,995		364,046
	Deferred income
							f
	Deferred Income at		1 April 2021			218,233
	Resources deferred Amounts released	in from		the year previous years	35,000 ~132,580)
	Deferred Income at		31	March 2022		120,671

Net movement in	funds, include	d in the abov	e are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				8		8
Unrestricted funds
General fund				584,461	(280,074)	304,387
Restricted funds
ODON 7 Fund					(6,794)	(6,794)
Dl Head Fund					(9,959)	(9,959)
The Scaling Project				5,698	(8,562)	(2,864)
BMGF - Assist				239	(186,863)	(186,624)
				5,937	(212,178)	~206241)
TOTAL FUNDS				590,398	~492,252)	98,146
Comparatives for movement		in funds
				Net	Transfers
				movement	between	At
			At 1.4.20	in funds	funds	31.3.21
					8	8
Unrestricted funds
General fund			546,499	(35,030)	(31,307)	480,162
Restricted funds
Mpilo Zimbabwe	Fund		3,310			3,310
Midwives Training	Fund		90			90
CL Eskell Bursary	fund		650			650
E=QUALS Fund ODON 5 - Human	Factors Fund		1,381 4,200	(1,381)		4,200
ODOM 7 Fund			94,409			94,409
ODON 10 Fund			3,767			3,767
Ol Head Fund			1	(18,198)	18,197
HF - Social Franchising			6,478	(19,588)	13,110
The Scaling Project BMGF - Assist			3,876 754,757	(3,876) ~506,234)		248,523
			872,919	~549,277)	31,307	354,949
TOTAL FUNDS			1,419,418	~584,307)		835,111

Comparative net movement in funds, included	in the above are as follows:
	Incoming	Resources	Movement
	resources F	expended f	in funds
Unrestricted funds
General fund	49,704	(84,734)	(35,030)
Restricted funds
E=QUALS Fund		(1,381)	(1,381)
Dl Head Fund		(18,198)	(18,198)
HF - Social Franchising	95,000	(114,588)	(19,588)
The Scaling Project		(3,876)	(3,876)
BMGF - Assist	1,937	(508,171)	(506,234)
	96,937	(646,214)	(549,277)
TOTAL FUNDS	146,641	(730,948)	(584,307)