## ||||Page|| |---|---|---|---|---| |Report ofthe Trustees||||| |Independent
Examiner's|Report|||| |Statement ofFlnanclal|Actlvltles|||| |Balance Sheet|||10|| |Cash Flow Statement||||| |Notes to the Cash Flow|Statement||12|| |Notes to the Financial Statements||13|to|21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| ||||Notes|fund
8|funds|funds|fundsf| |INCOME AND ENDOWMENTS||FRONI|||||| |Donations
and legacies||||981|212,000|212,981|17,032| |Charitable
activities|||4||||| |Training||||443,780||443,780|558,337| |Investment
income
Other income|||3|2,930
19408|233|2,930
~19731|558
~14471| |Total||||467,189|212233|679422|590 398| |EXPENDITURE ON|||||||| |Raising funds||||||360|418| |Charitable
activities|||6||||| |Training
Research||||289,166
3062|180,621|289,166
~184583|278,105
~213729| |Total||||293400|100621|474100|402252| |NET INCOME||||173,701|31,612|205,313|98,146| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||771,726|161,531|933,257|835,111| |TOTAL FUNDS CARRIED FORWARD||||945427|193,143|1 130570|933257| ## |||Balance Sheet
Lllh2II23||| |---|---|---|---|---| ||||2023|2022| |||Notes|8|| |FIXEDASSETS||||| |Intangible assets
Tangible assets||13
14|1
~2861|1
4 Bllll| ||||2,862|4,891| |CURRENT ASSETS||||| |Debtors||15|172,827|97,476| |Cash at bank and|In hend||I 1211094|I 002 BBB| ||||1,349,721|1,165,361| |CREDITORS||||| |Amounts
falling due within one year||16|(214,013)|(236,995)| |NET CURRENT ASSETS|||~1135708|~928366| |TOTAL ASSETS|LESSCURRENT LIABILITIES||1,138,570|933,257| |NET ASSETS|||~1138570|~933257| |FUNDS||19||| |Unrestricted
funds
Restricted funds|||945,427
~193143|771,726
~161531| |TOTAL FUNDS|||~1138570|933257| ## |||gys
&~w
forthe Year En e|S aemen
1Mar h2
2|| |---|---|---|---|---| |||Notes|2023f|2022f| |Cash flows from operating
activities
Cash generated
from operations||1|~107004|~66 612)| |Net cash provided
by/(used|in) operating|activities|107,004|~66 842)| |Cash flows from Investing|activities|||| |Purchase oftangible
fixed assets|||(925)|(2,707)| |Interest received|||2930|558| |Net cash provided
by/(used|in) investing|activities|2 005|~2)48)| |Change
In cash and cash|equivalents|In||| |the reporting
period|||109,009|(68,966)| |Cash and cash equivalents|at the|||| |beginning
ofthe reporting|period||~1067885|~1138851| |Cash and cash equivalents|atthe end|of||| |the reporting
period|||~1176894|1 662886| ## ## |||||2023f|2022f| |---|---|---|---|---|---| |Net Income|for the|reporting|period (as per the Statement of Financial||| |Activities)||||205,313|98,146| |AdJustments|for:||||| |Depredation|charges|||2,954|2,251| |interest received||||(2,930)|(558)| |increase
In|debtors|||(75,352)|(39,605)| |Decrease
In|creditors|||~22 981|~127051| |Net cash provided||by/(used|in) operations|~107004|~66817)| ## ## |ANALYSIS OF CHANGES
IN NET FUNDS|||| |---|---|---|---| ||At 1.4.22
f|Cash flow
8|At 31.3.23| |Net cash|||| |Cash at bank and In hand|1 tl67 886|109XQ|1,17e 894| ||~1067885|109,009|~1176894| |Total|~1067885|109009|~1176894| ## ## ## ## ## ## ||||||||2023f|2022f| |---|---|---|---|---|---|---|---|---| ||Donations||||||981|17,032| ||Grants||||||~212000|| ||||||||~212 981|~17 032| ||Grants received,||included||In the above, are as follows:|||| ||||||||2023
f.|2022f| ||MNHI||||||212,000|| |3.|INVESTMENT INCOME|||||||| ||||||||2023f|2022
f.| ||Deposit account||interest||||2,930|558| |4.|INCOME FROM||CHARITABLE ACTIVITIES|||||| ||||||Activity||2023f|2022| ||Course fees||||Training||443,780|558337| |5.|RAISING FUNDS|||||||| ||Raising donations|||and|legacies|||| ||||||||2023
f.|2022f| ||Fundraising|costs|||||360|418| |8.|CHARITABLE ACTIVITIES COSTS|||||||| |||||||Direct|Support|| |||||||Costs (see|costs (see|| |||||||note 7)
f|note 8)|Totals
f.| ||Training
Research|||||180620|289,166
~3963|289,166
~184583| |||||||180,620|~293 129|~473749| |7.|DIRECT COSTS||OF CHARITABLE ACTIVITIES|||||| ||||||||2023f|2022| ||Staff costs||||||124,169|298,521| ||Dllectcosts||||||~56451|~44 459| ||||||||~180620|342 980| ## |||||||||Management| |---|---|---|---|---|---|---|---|---| |Training
Research||||||||289,166
~3963| |||||||||~293 129| |Support costs, Included|||in the above, are as follows:|||||| |Management||||||||| ||||||||2023|2022| ||||||||Total|Total| |||||Training|Research
f||activities|activities
f.| |Wages||||207,874|2,179||210,053|116,824| |Pensions||||||938|938|| |Rent||||2,969||31|3,000|(2,800)| |Insurance||||5,528||58|5,588|4,545| |Printing,|postage and stationery|||27,070||282|27,352|10| |Travel and subsistence||||12,600||131|12,731|443| |Meeting|room hire|and|catering|9,042||94|9,136|647| |IT||||8,491||88|8,579|7,175| |Professional fess||||7,437||77|7,514|14,142| |Bank charges||||246||3|249|201| |Support,|Training,|Volunteer||7,663||80|7,743|2,120| |Sundry||||1,048||11|1,059|958| |Course and MD fees||||||||1,191| |Exchange loss/(gain)
Depreciation
oftangible|||and heritage assets|(3,726)
2,924||(39)
30|(3,765)
~2954|1,147
~2251| |||||~289 166|3,963||~293 129|148854| ## ||2023f|2022f| |---|---|---| |Depreciation
-owned assets|2,954|2,251| |Auditor's
remuneration||13,136| |Operating
leases - rent|3,000|3,000| |Independent
examination|~2750|| ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total| |---|---|---|---|---|---| ||||fund
6|funds
8|fundsf| |INCOME AND ENDOWMENTS||FROM|||| |Donations
and legacies|||17,032||17,032| |Charitable
activities|||||| |Training|||558,337||558,337| |Investment
Income|||558||558| |Other income|||8534|~5937|~14471| |Total|||~584 461|~5937|~590398| |EXPENDITURE ON|||||| |Raising funds|||418||418| |Charitable
activities|||||| |Training
Research|||278,105
~1551|212 178|278,105
213,729| |Total|||280 074|~212 178|~492 252| |NET INCOME/(EXPENDITURE)|||304,387|(206,241)|98,146| |Transfers
between|funds||~12,823)|~12823|| |Net movement
In funds|||291,564|(193,418)|98,146| |RECONCILIATION|OF FUNDS||||| |Total funds brought|forward||480,162|354,949|835,111| ## |||The Prom
t Maternl
Foundation
Notestothe
Flnancl
I St temen
-
n In
for the Year Ended 31 March 2023|The Prom
t Maternl
Foundation
Notestothe
Flnancl
I St temen
-
n In
for the Year Ended 31 March 2023||| |---|---|---|---|---|---| |12.|COMPARATIVES
FOR|THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||| ||||Unrestricted|Restricted|Total| ||||fund
f|funds
f|funds
2| ||TOTAL FUNDS CARRIED FORWARD||~771 726|~161 531|~933257| |13.|INTANGIBLE FIXEDASSETS||||| ||||||Intellectual| ||||||Property| ||||||Rights
f| ||COST||||| ||At 1 April 2022 and 31 March 2023||||| ||NET BOOK VALUE||||| ||At 31 March 2023||||1| ||At 31 March 2022||||1| |14.|TANGIBLE FIXEDASSETS||||| ||||||Computer| ||||||equipment
f| ||COST||||| ||At 1 April 2022||||11,827| ||Additions||||925| ||At 31 March 2023||||~12752| ||DEPRECIATION||||| ||At 1 April 2022||||6,937| ||Charge for year||||~2954| ||At 31 March 2023||||9891| ||NET BOOK VALUE||||| ||At 31 March 2023||||~2861| ||At 31 March 2022||||4,890| |15.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| |||||2023|2022| ||Trade debtors|||144,091|40,751| ||Other debtors
Prepayments
and accrued Income|||5,425
23,311|49,720
~7005| |||||172827|97476| ## ## ## |CREDITORS: AMOUN|TS
FALLING DUE WITHIN ONE Y|EAR|| |---|---|---|---| |||2023|2022| ||||f.| |Trade creditors||3,831|46,119| |Social security and other taxes||(318)|656| |Other creditors||3,248|2,864| |Accruals and deferred|Income|207,252|~187356| |||214013|~236 995| ## |Deferred|income|| |---|---|---| |||f| |Deferred|Income at 1 April 2022|120,671| |Resources deferred
In the year
Amounts
released fmm previous years||121,444
~393332| |Deferred|Income at 31March2023|292 292| ## ## ## ## |Minimum|lease payments
under non-|cancellable
operating
leases|fall due as foll|ows:|| |---|---|---|---|---|---| |||||2023
f|2022
f| |Within one year||||2,250|3,000| |Between one and five years|||||2,250| |||||2,250|~5250| |ANALYSIS OF NET ASSETS BEIWEEN FUNDS|||||| |||||2023|2022| |||Unrestricted|Restricted|Total|Total| |||fundf|funds
f|funds
F|funds| |Fixed assets||2,862||2,862|4,891| |Current
Current|assets
liabilities|1,156,578
~214013)|193,143|1,349,721
~214013)|1,165,361
~236995)| |||945,427|193,143|1,138,570|933,257| ## ## |MOVEMENT
IN|FU|N|DS|||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||Net|| ||||||||||movement|At| |||||||||At 1.4.22
f|In funds
2|31.3.23
f| |Unrestricted
funds||||||||||| |General
fund||||||||771,726|173,701|945,427| |Restricted
funds||||||||||| |Mpllo Zimbabwe|Fund|||||||3,310||3,310| |Midwives
Training||Fund||||||90||90| |CL Eskell Bursary
ODON 5- Human|fund
Factors|||Fund||||650
4,200||650
4,200| |ODON 7 Fund
ODON 10Fund||||||||87,615
3,767|(1,001)|86,614
3,767| |BMGF - Assist||||||||61,899|(48,766)|13,133| |Maternal
& Neonatal|||Health|Initiative|||||~81 379|~81 379| |||||||||~161 531|~31 612|~193143| |TOTAL FUNDS||||||||933,257|~205313|1~138570| |Nst movement
in|funds, Included|||||in the above are as follows:||||| |||||||||Incoming|Resources|Movemsnt| |||||||||resources
6|expended
f|In funds
f| |Unrestricted
funds||||||||||| |General
fund||||||||467,189|(293,488)|173,701| |Restricted funds||||||||||| |ODON 7 Fund|||||||||(1,001)|(1,001)| |BMGF - Assist||||||||233|(48,999)|(48,766)| |Maternal
&Neonatal|||Health|Inldative||||212,000|(130,621)|~81 379| |||||||||212 233|180621|31,612| |TOTAL FUNDS||||||||~679422|~474 109)|~205 313| |Comparatlves
for||movement|||In|funds||||| |||||||||Net|Transfers|| |||||||||movement|between|At| |||||||At 1.4.21
6||in funds|fundsf|31.3.22| |Unrestricted
funds||||||||||| |General
fund||||||480,162||304,387|(12,823)|771,726| |Restricted funds||||||||||| |Mpilo Zimbabwe|Fund|||||3,310||||3,310| |Midwives
Training|Fund||||||90|||90| |CL Eskell Bursary|fund||||||650|||650| |ODON 5 - Human|Factors|||Fund||4,200||||4,200| |ODON 7 Fund
ODON 10Fund||||||94,409
3,767||(6,794)||87,615
3,767| |Dl Head Fund||||||||(9,959)|9,959|| |The Scaling Project||||||||(2,864)|2,864|| |BMGF - Assist||||||248|523|~186624)||~61 899| |||||||~354|949|~206 241)|~12823|~161 531| |TOTAL FUNDS||||||~835|111|98,146||933,257| ## ## ## ## ## ##