PROMPT Fllactpd Obsietnc Mvlts-Prof2ssicrfLTrlTrnning REGISTERED COMPANY NUMBER.- 07506593 (England and Wal0¥1 REGISTERED CHARITY NUMBER= 1140557 Roport of th¢ Tru$tw$ and Unaudlt•d Flnanclal Stst•m•nts for th• Y••r End•d 31 March 2024 Th• Prompt Mat•mlty Foundatlon PROMPT PRaCt￿￿ Obsceiic MulD-PfofÈ55ionalTrtihin8• Con¢¥nts of the Financlal Stat•ments for the Y¢ar Ended 31 March 2024 Page Report of thè Tru8te•s Independent Examlnorf• Report 14 Statement ol Flnanel•l A¢tlvltl•s 15 Balance Sh•ot 16 Cash Flow Stat•monl 17 Notes to the Cash Flow Stsl•rn•nt 18 Note8 to th• Flnanclal StOt•m•n¢s 19to29 PROMPT PRactsd obstet"￿ MultJ.Prole551onal Irdining• The PROMPT Matgrnity Foundation IA company limited by guarantee) TRUSTÉÉS, REPORT FOR YÉAR ÉNDING MARCH 2024 The Iru51ees who are also directors of tt)e charity for the purposes of the Compani85 Acl 2006, prgsènl thèir report wilh th8 financial stat8ments of th8 charity for thè year ended 31 March 2024. The trustees have adopt8d the provisions of Accounting and Rèporting by Charitiès.. Statèment of Recommended PractKe applicable to charitie5 pr&paring th&lr 8C¢OUnts in a¢cordance wlth th& Flnancol RewrtiThJ Siandard apPI￿able in Ihe UK and Republic ol Irèland IFRS 1021 18ffe¢tlvo 1 January 20191. Purpos• and Alm8". Th6 charity's purposes, as set OLrt In th8 objects in the company's Memorandum of Association, are to ￿duce prevenlable ham lor moiher5 and th8ir b8bies IhTough-. Thè promotion ol edu¢atK)n and rnS&a￿ in the subj'ect ofgynaecolojy and malemlty care. Thè provision of odvice, Ireatment and assi8tance for women in ro18ts.on lo gynaecology and matemity care. The provision ol advice. Irgatmgnt and a8slstanc8 for Infants in relation to Pgrlnatal calo. The PROMPT Malgmlty Foundallon IPMFI seeks to do this by lh8 provlsion ol PrdcIIc81 Ob8lelrfc Multi-ProfèS￿0nal Tralnlr¥J IPROIAPT) to Improve matemal and neon8t81 birth outcomes ￿thIn tho UK and inlematlonally. How w• 8••k to d•llv•r our alm•'. The Trustees and Members have agreed their mission is 'ft> reduGe PTgvenl•bl8 h•mi In m•t•mlty carn. ond Ihay seèk to achieve this mission by frLussiThJ on four prim8ry objtrclivtrs.. Deliv&rirrtJ mathet-priced PROMPT TrainirwJ packages to meo1 the nged$ ofthg alms for the charfty. Wè havè dev8lopèd an implem&ntation p￿kage lo support units inctyase and updat8 their staff in dfyllverfng our tralnlng products. W8 reserve Ihe Train Ihe Tr8intrr8 IT31 progr8mm8s whlch are mark&t-priced, subsidised, or free for seitings outsidè of the UK where the￿1$11tt18 OXP8rt8nce of Multi professional trainir4J. Conducting rgsgarch into the efficacy of obststric emergencies training and 888oci8led outcomès. Dèv8loping naw trainiThJ packages, malerials and tools io promote sustainable, b88t pr8ctlce to ducè matèmal and neonalal mortality and morbidity. Conducting th8 affairs ofthe charity 1hro￿h good govemance, best pwlictr and compliante wlth a11 relev8nl regulations and ona¢tmènts. treating all those with whom ihe charity has dgalings wlth fairnoss 8nd rew8ci. PROMPT is an evidence based mulli-professional IrainiThJ packag& lor obstetric emergencie8. 11 is uniqu9 in that its irnpl8mentalion h88 been associ81gd with dir8Ct improvements in perinatal outcom8 across multiple settings with par8llel improvements in knowledgè, clinical skills and team working. PMF is a mulli-PTofe5siona1 group ol obslelricians. midwves, anaesthgtists and non￿lniCal staff based in the UK who 8lriv8 lo make childbirth safer through Irdining, educalTon and rèsearch in the UK and abroad. PMF prowdes the training arKI m8leri818 lo enablg h¢)spit3ls to delwer PROMPT Courses IcKally in rnal8mity units ratheT than 'off site,. in fine ￿1h current ovidtrnco basad practice. 3. The focus of our actlvltles In 2023-2024- Pllot Slmulallon Research Fellow collaboration Katherine Lattey. a ￿searCh fellow currently working for the PROMPT Matèmity Foundation IPMFI, has become the first PMFILimbs & Things IL&TI Fellow io pilot a new rgsearch collaboration be￿en our organisabons. PMF and L&T have been workirffJ i(xJether informalty for many years to develop &mulation models and training tools to improve care for *￿rnen and babies duriYvJ obstetric èmergencies. f3PROMPT crjd MuIts-Profe55￿hITrdl￿1rt£ limbs& thiogs ¢LtsgEH to L Tralnlng In th• UK Annual Updat• for PROMPT Having launched the First PROMPT Annual updale In July 2021 and Ihe second 8nnu81 upd8tè In Docèmbar 2022 It has bèan pleasing to see the continued inltrr&st in growth wth UK matemity units. We hav6 had 17 nw unlis take on the first annual update 8nd 36 purcha89 the sacond annual update. Annual Updats 202412025 Packa90-. The PROMPT team ar8 currently working hard to complet8 Ihe thlrd and final annual Updat8 for Ihls trflogy of tho PMF training malerial. This will contsin 8 fvrth8r sel￿tIOn of obstetric emeTgen¢ig$ and other Important toplcs for mutti-PTofessional malernty teams. Dlabeles in pregnancy- a brand new top Pmtèmi blrth - a brand new toplc Twins- an updale Mental health . a brand new loplc Equality and equty- an update Ulgdne Inveyslon . an updale PROMPT Manual 41h Edltlon Whilst mora infr>mation Is passed digitally there is still 9fy81 inlor8St in lh& PROMPT rnanu81. We 8re therefore upd81in9 th6 third ed￿lon and th8 team are workirvJ hartl on Ihis lo be available 2025. This will be publishod by Cambridge Univ&rsity press. The cost will be c8relulty pla¢8d to allow maximurn exposure both in the UK 8niJ Inl&matIc￿81ly. Communlly PROMPT PMF were pl8as8d lo launch thè new stan&alone Community PROMPT ¢rainlng package for rnifvife-18d teams wishirrfJ to run local malemty emergències training in community settTngs. The development ol the package was in collaboration with lh& PROMPT Wales team and is included as part ol our second Annual Update 2022123. The Communty PROMPT facilitators. kit and ac￿Mpanying digital ￿sOUrces, provide all of Ihe tools (o support tearns in planning, facilitab"Th3 and rewewing their local matamity emergencies Iraining in communlty settirrfJs. fJPROMPT PRa729. Lattey K. Barton K, Draycott T. Assisled ￿prc￿l￿GtI¥? Ih8rnpl&s and anlenatal c8r&. Obst6tdcs, Gy- naecology & Reproductive Medicine. 2023 Ocl 9 Latley K. Dernelri A, Drdycott T. Holton E. Assisted vaginal blrth.. vthat is best pr8c¢ico. Obstètrics, Gynaecology & Rgproducts"ve Medicine. 2023 Jul 23. How our actlvi¢ies delivgr publlc b•n•fit In shaping our objectwes and planning our activitses for the ye8r. th& Trustees have consid8re(J thè Charity Commission's guidance ￿ publ￿ bon8fft. includiThJ the guidanc0'PUbl￿ 8enefft'. running a charity IP821'. The reduction in preventable harm for mothers and their babies is core lo our activities, and the educ81ion. reseaTch and trainiThJ we provide 8fe th& means through whth we en(Jg8vorto provide this public benefit both In the UK and inlernationalty. PROMPT continues to expand Ix)th the UK and intemalionally with improvèd outcomes for mothers and babies with published 1stvJab'on costs in the US, Australia and UK. nolwiihstandiro the benefits to indiwduals and their families. We have a number of projects in the pipèline in addthon, to th8 PSRH pro1￿1. We have been in di￿UsSiOnS with Lebanon potential projecis In NwJeria arKI Gentsal Africa which we hope lo rèport on next year. PROMPT (￿ste[r￿ MUlD-Profe5&11NuITr3￿I￿8ty M8ssagg from our Chair of Tru6t8èS During the past year PROMPT Mattrmty FOundatiC￿ has continued to thrive thwugh a ctsmbination of ad- hgrence to our Core values. hard work and innovative ￿ponseS to the ch8lleng6 ol safe maternity services. Th8 team in 8ri5tol are reaching oui globalty. and through More channels than ever before, to bring the mes- S8g8 Of'making the right way the eagy way, to malemity t88ms. wheTever they are. The annual accounts dgrnonstrate that the charity's finances a￿ healthy, and the take-up of PROMPT trainiNJ offers by the NHS and other health services is buoyant. Participant evaluations continue lo show the extènt tr) which health carè staff posibv8ly valuè Ihe trainirKJ. My fallow Trust6es have coniinued to provide their 8XP8ri8nce and insoht to PMF from the perspectives of parenUng, business development, the law and heallh services managèmènl lo conlribute to PMF planning and d&clsSon-makir¥J. ensuring that lh8 charity's development prwds on a sounds footing. Dudng thè year 2023-24 our small staff leam has work8d tirelessly to updat& and improve the training resourcès, led by Cathy Winter, Lead Midwife. Th8 Second Annual Updalo Training package was produced, logether wlth the PROMPT Community Pack8ge. The PT8-Hospital PROMPT online courses h8ve continued lo have 9￿al take up by paramedic services throwJhoul the country, while the Trdin Ihe Trainer course lor paramedlc services supports implemeniation of PTe-Hospitsl PROMPT. Matèmity services are gaining lurthor insights and training through the produclion of PROMPT ￿bInor8 and podcasts, providing 888ify accesslble input on key lopics for matemity salety. Ther8 continues to be In18mation81 interest in PROMPT tralniro aTrJ th8 development of PROMPT Glob8118 helping to ensure that this is planned and effeclwety managed, ggngrn￿ng Income frorn high Income coun- tries internationally. which can ihen 8UPPOrt our charitsbb worf(. PROMPT relles on a Bmall and dedicalod $laff18am to keep all the systems fvnctlonlng. AS eV9r. tha tagm has produc8d amazing Tesulis in the quality 8nd Quantity of rèsources produced, while conlribuling lo $ignlfi- cant research in the field. Likewise. our committed voluntaer faculty mernbels have delivered in-person and vlrtual training 8venls, wth Ltnlimiled enthusiasm and talent. Many thanks (o all who h8ve conlrfbuled to the charity's work lo prevent to mothers 8nd bablg¥ In malemity em8Tgenciè8. 14Lfy H•len Crfsp Chalr of Tru8t•?8, PROMPT Maternlty Found•tlon Targets lor PMF In 2023-2024 We have been working hard to adapt 8nd update our traSnlro methc*Js io ensure wè are 8blo to 9gn8ralo 8 suslalnable income for Ihe lulure: Annual Updales.. - The swxes3ftJl uptake ofAnnual Update 1 was followed in 2023 by the second annual update and a plan for Annual Update 4 next ygar120241. PROMPT Manual 41h Edition lor completion 202415. We will continue to explo￿ how we can increase Ihe PROMPT community in the UK and Globally. We alm to start meeting with inlemalional ts8m8 to I￿k at d8valopiThJ partnerships and encour8ging the Spread and reach of PROMPT. Thèrè arè plans tr) work ￿[h the ministry of Heallh in Oman lo roll out PROMPT in their units and th8 hopè to develop a partnership ag￿ement in the future. WoTking wth Bill 8nd M81inda Gatès FoundatKJn on the introduction of PROMPT to Nigeria and central Africa. Continue with our ch81itabl8 aims of prowdiThJ PROMPT m*eri81 for undgr rg$ourced areas Including ongoing support from thè PROMPT team. Continue to develop our webinars and ￿dCast to increase the kno￿e&je and Pres¢ènc9 of PROMPT and its training materi815. io fJPROMPT PRaciKal Obsce￿( Mulii.Pr&¢sSionaIT￿nIng 10. Financial Ro¥19W= The net increase in funds in 2023124 £163k12022123.' £205kl comprising an in¢rease in unrestricted actwities of £249k12022123.' £174kl and a dO￿aSe in restricied hjnds of £86k12022rd3.' an increase of£32kl. Our unrestricted income of £755k12022r23'. £467kl is generated mainly from 8du¢ational seNices such as Iraining, both on-lin8 and face to fac8. togethervth royallie5 and commission on Salès of PROMPT manuals and scenarios and th8 d8velopm8nl of th8 annual upda18. There was no ￿$trIcted income in the year but the restricted income received in 2022123 was mainly charitable research grants and lolaled £212k. Expenditure incre858d overall from £474k in 2022123to£592k In the year, butwlthinthls the 8xpendilur8 on IrainiTrJ In¢r6a$e(J from £289k to £449k whilst rosear¢h expenditur& decmsad from £185k to £139k. PROMPT has again bènèfitted from Ihg gen&Tous commitment ofour volunleers and we are very gr8tefvl for Ihelr contrfbu￿on lo our ¢haritabl8 actiwlies. 11. R•8•rv•8 and Inv•stm•nt Pollcl•8 The TTU8te8¥ hav8 derideil Ihal unfyslri¢led lor fr8el r88eNes should alm to be maintalned al hvo y8aTS cover of cor& expenditure fdlh¢T than a fixed-lawtrt V81ue. The TNsl608 h8v& a polw of hold5ng re8oNe8 offvnd$ io: Provide adequate wothng capital to cary oul projects for which funds hav8 been gr8nted by oxtgmal bodlgs bul for which those funds are payable onty after expendrtur8 has been incurred. To provldg o rgsgrv& lo ￿Ver $hort-1orn paymant ol e888ntlal ojsts in the event of an un8ntlclpalgd $hort1811 in funds. To me&t any leg81 obligation8 on the ch8rNy lo meot 8ny ILrtUf8 CO81& To lak8 advantagè ol strat8gic opportuniuès to further Ihe aims of the charity. S8ek to dev&lop and grow lh& intemational impact of PROMPT. Tol81 fund$ held al 31 Marth 2024 wero £1,301k12023.. £1.138kl of whlch £107k12023.. È193kl was held as re8lri¢led fund5 and £1,194k 12023.. £945kl 8$ Uh￿stric1￿d reseNes. The Trusiees consider that thi5 level of re88rvas mo91s th8 above ana ￿serVeS ostablished ovor thg last lew years wsll enable PMF lo take adv8ntag8 of stratO9lC OPPOrtuni1198 and devglop lo wpport our woth. Thg 8lm of PIAF is 818ted In oyr obj8CtW88 and thg Trusta&s plan lo d8velop KPI measuTemonl acro86 th888 rJblactive$ in lulure. However, each proj8¢t is diffgrgnt and has div8rse so to date a common 8el of KPI'8 across all projects has not yel b8&n detemin&d. 12. Struetur• Gov•rnanc• and Manag•m•nt: PMF Is a charftablè company limited by guarantee Inco￿*rated on 261h July 20118nd registertrd a$ 8 oharity on 22r￿ February 2011. The company was esta￿1shed under a MemorJndurn of As8OCi81ion, which 9s1ab- Ilshed ts objects and KKJwers and is govemed by ihe Artides of Association. In the trvent of thè company bging wound up. m8mb&r$ 8re rgouirgd lo contribui8 an amount nol gxceeding £1. Thè frusto The direelors oflhe company 8r9 also thg charity trustees forthe pu￿0$8 of charity law 8nd fvdo oflhg curront trustees 8Te the original Sub￿riberS ¢0 the company. Undèrthe requirements ol the Mernorandum of Associ- alion and Articles of Association, a Truslee is 81￿JIble for rè-election for consecuiive periods not exceeding an aggregate nine years from the dale of his or h8r original appointment but thereafter a Trustee will not i g1igibl8 for ￿aPpo1ntrnonI until ono yO8r 8ftor his or her retirement. Trustees give their time voluniarily and receive rKTr beneffts from thè charrty other than the following.. Dr Neil Muchatuta. who is seconded from un￿9[￿ty Hospitals Bristol & Weston NHS Foundation Trust. Any expenses reclaim￿1 are set out in Ihe wxounts. li PROMPT PftaCtK)l Obsttin¢ mU￿-￿0(¢SsItyu1T0I￿l R8CWltmenl to expand the currentTwstees is und8rw8y and newTFvSteeSa￿ nominated by existing Trustees nd se18cled by a rTtajority vot8. Wh8n trus1885 ar8 8PtK)irrted. Ihey receive an induction includiTrJ'. Attendance 81 a Iw81 PROMPT course Attendance al a Train the Trainers IT31 day Brief on the obligations of th8 trustees Documents setting oulthe operational framework and plans oflhe (*barity Indudlng Memorandurn and Articl85 and the current busines5 plan Information on the current financi81 position as set oui in Ihe lat￿ published accounts and rnanage. ment accounts. M•mbers Th8 PMF charity currenyy has 69 rngmb8rs who 8cliv6ty contributè to Ihe continued development of PROMPT and are interested in th8 aims of the Foundation. Some of thtr roles and responsibiliti&s of members of PMF ar8.. To conlributs activety lo the dwelopmant of PROMPT To 8ttend and vote at gener81 meetings To act and vole in th8 best interests of th8 Ch81ity To abide by decisions taken tsirly 8nd in 8ccord8nco wlh the Rul&s of tha Cha To rec8we regular report8 on the 8clivili8s ofth8 Charity To make recomrnendations lo the Trustees Tho Manayment T•am Day to day managem8TII of the charity is delegated lo a Emall manayomonl t&am who Ilaise closely with the Trustees and members on indivmdual proiects and activi1188. Many slaff arg ¢urr9ntfy seconded from North Bristol Tru51, where their salaries ar8 reviewed annually. Tho Charity r&lmburses for tlm& spent on PROMPT rel81gd activities. In view of the natur8 of lh8 charity. salaries are benchmarked ¥Jaln8tpay levds In Ihe NHS and othercharitles. NBT adds a 10% recharge on all NBT employees who are seconded and ho8¢od for the PMF chadty and PMF 8180 p8ys 20% VAT for 5econdm8nVhosled 8dminislration staff. The manwJemenl team me&t monthty for o 8tratw M￿lIng vthlch Includes dl8cusslon and decl￿0￿ on whether lo undertake particular activitie5, planning 8nd liming of 8ctivi11g$ ond the plannlng of resource8, funding app1i¢alion8 and operational manag8menl docisions. Rlsk Managem•nt The Trustees consider risk regulaty al Ihtiir meelings seekiNJ to mlnimiso and mgnagg the rfsks. A detalled Risk Register t5 being developed to idenlify key polenlial risks and with a $91 of control mechanisms and delivery actions. This will be reviewed Tegularfy by Ihe man￿em￿nt Team. PMF is comrnitted lo the principles ol accident prevention 8nd lo ensure thalw8 have robusi health and safety management systems. We seek to provide and maintain Safe working &nvironmants throu9h appropriate risk assessments. maintenance and Ir￿￿tIOns. The most appropriate people in thè organisallon are di￿llY In- volved in assessing control mechanisms. bJenti￿'rMj detivery and remtrdial action, and reviewng perfO￿ance. The Trustees believe thai PMF faces a number of risks in the sh)rt to medium tam. Indud& The impact of Brexit and the post-BTexit economicclimate on Securing lunding to ￿h1O¥6 our0mb￿l0uS plans. Funding sources that may be impacled indude granl income in 8n incre8wngly comp8titlV6 mathet, fundraisin9 and donations from supporters. The cost of d&velopiThJ our lnfrastrucbJ￿ and ￿SOUrceS to meet global d8mand ngcgssilatos buildir@ unrestricted ￿SeNeS. Th9 $ucce$s ofth8 PRoMFf ￿e￿ndS upon th8 qualty ofthe people we can Tecruil and retsin and $0 Invgstrnenl in Ihg dml¢)pm&nt of stsff 1$ Inueaslngly imrxjrtant. 12 PROMPT REFERENCE AND ADMINISTRATIVE DETAILS R•g18ter*d Company numb•r 075[￿$93 (England and Waiesl R•9l•t•rnd Charlty nurnbor 1140557 R•gi•t•r•d ¢ffi¢• cjo Narrow Quay House Naryow Qu3y BRISTOL 8SI 4QA Twust••s Hmcnsp N A Muchatula H Rullon K Scheel A Bum*tt D Arn•vonu- r•$i￿t0 817123 J Wnitlon- •ppoinlad 2216124 J Robarts- Appointsd 2216124 Ind•p•nd•nt EMmln•r FK)na Woshyood Mon4han Chort•r•¢J A¢￿￿￿tInt* Hèrmoj Hou$• Flr• Fty Av•nu• Svmdon Il¥hir• SN2 2GA Approv•d by ordw of th• bo•rd ollft#l••i ￿.. nd iignad on ill t•half by.. /thiy H M Cri5p- Trust•v 18 ndenl Examinerfs Re The Prom t MatemTr e Trusiees of Foundation Independent ¢xamlneVs report to the truslee5 of Prompt Maternity Foundation I'the Company'l I rgport lo the charily ttuslees my examinalM)n of the accouTh15 01 Ihe C(mpany for Ihe year ended 31 March 2024. Respon$ibilith"es and basis of report As Ihe charity's trustees of the Cornpany land also its directors for the puwes ol company lawl you are reSwSib￿ for Ihe p￿paratiOn ol the accounls In accordance ￿th Ihe requsretnenls of Ihe Companies Act 2006 21Th Act'l. Having satisfied mys811 Ihat th? accounts of the Company are not required io be audlted und8r Part 16 of the 2006 Acl and are eligible for independenl exaininalion. I rewrt in ￿SpeCt ol my examiTh8lion of your chafills accounts as cairied out under Sedion 145 of the Charities Acl 2011 (the 2011 AGt}. In catrying (Krt my examinati￿ I have Idlowenalion$ and legacies Tralnlng RgSgar¢h 4.437 416,674 22,166 Support costs, Included in the above, a￿ as follws.. Managémont 2024 2023 R81S7ng donalion8 8nd legaci08 Total octNilies Tol31 activiti98 TralnlThJ Wages Rent Insurance Printing, postsge and stationèry Travèl and 8ub$i$¢gn Me$ling room hlro and calgring 2.802 30 62 263.357 2.820 14,008 150 311 280.167 3,000 8.211 210,991 3,000 5,566 371 517 34.916 48.554 1,857 2,583 37,144 51,654 27,352 12,731 92 220 49 8.609 20,336 4.583 8.866 692 7.584 7.842 666 112} 458 1.082 244 472 37 404 417 35 9.159 21,638 4.876 9.432 736 8.068 8.343 709 1131 9,136 8,579 7,514 Profession81 fees Consultancy 189$ Bank ¢haTg&S Support, Training, Voluntsei Sundry Cours8 and MD fees Exchange Ios51lgainl Depreciation of taTwJibl& and heritage assets 249 7,743 1,059 13,7651 21 2.954 4,437 416.674 22,166 443.277 293.129 22 continued... The Prom t Matern Foundation Notes to the Financial Statem•nts- contlnued for the Year Ended 31 March 2024 10. NET INCOMEIIEXPENDITUREI Net1ncomellexpendilurel is stated after ChaTgi￿1￿drf1ng}'. 2024 2023 Depreciation- own8d assets Operating leases- ￿nI Indèpendenl examination 2,153 2,250 2,954 3,000 2,750 11. TRUSTEES. REMUNERATION AND BENEFITS During the year, the followirvJ Twstses ￿ceiVed reMUr￿￿atiOn'. Dr Neil Much8lula £32,942 12023.. £34.0971 This was received for his rob as Consultsnl AnaBsthetiSt involved In ￿searCh and trainirg for tha Charity. The legal authority for th858 paym8nt is the Memorandum of Asswalion. which 8Stablished the objects and powers of the charitable company. During th8 y88r, no trustees rec&fvgd any benefits in knnd {2023.' Nill. Tru8tee8' expen￿* During the y8ar, no Truste& and no K&y Man￿ement per80nnel wglved exp8nseB {2023.' none). 12. STAFF COSTS 2024 2023 W8ges and salaries Social 5e¢urity ¢osts Other Pgnsion costs 372.979 2.779 334,222 938 377 314 335,160 The 8vewJe monlhly numb9r of 8mploy88s during the yearw8$ as follows.. 2024 2023 10 Full or part lime 81aff The number of employees who89 8mF4oyee b&neffts lexduding employ8r pension co6tsl 8xce8ded £60,000 was.. 2024 2023 £70,001- £80,OC Many PROMPT stsff are employed by other OTganisations. mainty Norlh 8ristol NHS Trust bul 8180 Unlver8W of Bristo1 and University Hospitsls Brislol & Weslon NHS Fovndalion Trust, workirrfJ in collabor8lion with PROMPT and as such the costs in¢lud8d in the finanaal ststemenls reprgsont payments to the 8rnployer ftsr b.me spent on PROMPT activities. The costs of Ih058 employed by PROMPT directly total £88,86512023.' £53,867). Remuneration receNed by trustees and koy managemenl personnel amounted to £149.58912023.. £151,867). 23 continued... The Prom t Materni Foundation Not85 to the Financial Statements- continued for the Year Ended 31 March 2024 13. COMPARATrVES FOR THE STATEMENT OF FINANCIAL ACTWMES Unrestricted fund Resiricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 981 212,000 212,981 Charitable actlvltl•8 Training 443,780 443,780 Inv851rnent income Other income 2.930 19.498 2,930 233 Total 467.189 212,233 679,422 EXPENDITURE ON Raising funds Charltable actlvltl•s Trainiry Research 289,186 3,962 289,166 184,583 180,621 Total 293,488 180,621 474,109 NET INCOME 173,701 31.612 205,313 RECONCILIATION OF FUNDS Total funds brought forward 771,726 161.531 933.257 TOTAL FUNDS CARRIED FORWARD 945.427 193 143 1 138570 14. INTANGIBLE FIXEO ASSETS Intellectual Property Rights C08T Al 1 April 2023 and 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 24 continued... The Prom t Matem Foundatlon Notes to the Flnanclal Statements- continLbe for the Year Ended 31 March 2024 15. TANGIBLE FIXED ASSETS Computer equipment COST At 1 April 2023 and 31 March 2024 12.752 DEPRECIATION Al 1 April 2023 Ch8rge for year 9,891 2,153 At 31 March 2024 12,044 NET BOOK VALUE At 31 March 2024 706 Al 31 March 2023 2,861 18. FIXED ASSET INVESTMENTS Shares In group undertaklngs MARKET VALUE Additions NET BOOK VALUE Al 31 March 2024 Al 31 March 2023 There were no Investment ass8ts outsld8 th8 UK. The company's investments at the balance sheet dale in lh& Sha￿ c8pII81 of ¢ompanl8s Include lh6 follovlng.. PROMPT Global Ltd Icompany No: 149294221 Registered office.. United Kingdom Class of shaTr'. Ordinary holding 100 2024 2023 Aggregats capKal and r8serves The company was dornant throughoul th8 year. 17. DEBTORS: AMOUNTS FALLING DUE WIThIN ONE YEAR 2024 2023 Trade debtors Other d6btors Prepaymènts and 8e£ru8d in¢ome 47.000 10,967 144.091 5,425 61,301 172,827 25 continued... The Prom t Materni Foundatlon Notes to the Financial Statements - continued for thg Year Ended 31 March 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Social security and oth&r tsxos Other creditors Accnjals and dèlerrod in¢om& 20,776 3,631 13181 3,246 207,252 3,990 111.403 214,013 Deferred In￿Me Dafèrrèd Ineomè at 1 April 2023 Rasourc8s del8rr8d in th8 y88r Amounts roloased from pwiou$ years 202.782 120.3331 Def8rred Income a131 March 2024 Deferred Income represents performanc&related grants receiv￿1 in 8dv8n¢s of dglivèring th& Iraining or research Tequired by that grant. 11 also represents training courses invoiced bul not d8liv&red until after ihe year end and multi-year licence fee income delerred. D8ferred income is ￿le8$e￿ lo ￿n￿me In tha reporting period in which the performance.Telated or other c4Jnditions th81 limtt re¢LyJnlUon arg mol. Multl-year Ilcence fee income 18 released ov8r the period of lh8 IKense. 19. LEASING AGREEMENTS Minimum lease payments und8r nonvcancellable oper3tlng1&8s88 fall 88 follows.. 2024 2023 wsthln one year 2,250 20. ANALYSIS OF NET ASSETS BEtWEEN FUNDS 2024 Total funds 2023 Total funds Unrèstricted lund Restricted funds Flxed 8$$&1s Investments Current as￿15 Current liabilities 709 2,862 1.329.785 136,1691 106.804 1.438,589 136 1691 1,349,721 214 0131 1 301 130 1 138570 26 continued... The Prom t Materni Foundation Not9$ to the Financial Stat8m8nts- continued for the Year Ended 31 March 2024 21. MOVEMENT IN FUNDS Net movement in funds Al 31.3.24 At 1.4.23 Unrestrlcted funds General fund 945.427 248,899 1,194.326 Restrlcted funds Mpilo Zirnbabwe Fund Midwives Training Fund CL Eskell Bursary fund ODON 5- Human Factors Fund ODON 7 Fund ODON 10 Fund BMGF - A8sisI Mat8mal & Neonatal Health Initiaiw8 3.310 3,310 90 650 4,200 86,615 3,767 4,250 3,922 4.200 86,615 3.767 13.132 81,379 18,8821 77,4571 193 143 106,804 TOTAL FUNDS 1.138.570 162,580 1 301130 N6t mov&m8nt Sn fvnds. Included In the atme arn 88 follo￿.. IncomiThJ Resources &xpend8d Movement in funds Unre8trlct•d funds General lund 755,055 1506,1561 246.899 Re8trlcted funds BMGF . Assist Matemal & Neonatal Health InMIat￿8 18,8821 77 4571 18,8621 77 4571 86 3391 TOTAL FUNDS 755,055 592.4951 162 560 Compar•tlv•• lor mov•m?nt In fund• Nel movom8nt in fvnd$ At 31.3.23 At 1.4.22 Unrestrlcted funds General fund 771.726 173,701 945,427 RestTlcted funds Mpilo Zimbabwe Fund Midwives Trainiro Fund CL Eskell Bursary fund ODON S- Human Factors Fund ODON 7 Fund ODON 10 Fund BMGF . Assist Matemal & Neonatal Heallh Initialivg 3,310 3.310 90 650 4,200 86,614 3,767 13,133 81.379 650 4,200 87.615 3,767 61,899 11.0011 148,7661 81379 161.531 31,612 193,143 TOTAL FUNDS 933 257 205313 1 138,570 27 continued... Th• Prom t Materni Foundatlon Notes to the Financial StaternentS- ¢1)ntinued for the Year Ended 31 March 2024 21. MOVEMENT IN FUNDS- contlnued Cornpardtwe nel mvemènt in fvnds. included in the above a￿ as folknws.. In¢omirvJ R8sourc8S expended Movement in funds Unre8trlcted funds G8neral fund 467.189 1293,4681 173,701 R85trl¢tgd funds ODON 7 Fund 8MGF- Assist Matemal & Neonatsl H8alth Inrtlative 11,0011 148,9991 130,6211 11,0011 148,7661 233 212,000 212.233 180,6211 31,612 TOTAL FUNDS 679.422 474,1091 205,313 Mpllo TralnirrfJ - to Improve training equipment and facilitiès spe¢tfi¢alty 81 Mpilo Maternity H08Pltal, Zimbabwe Midwives Trainlng Fund to prowde trainirg for mlth¥iv85. It Was Ostsblished by a transfer of funds gen8raled from a symposium in Bath CL Esk811 Bursary Fund - th18 research fijnd wll ￿ availablg for mid￿88. obsletricl8ns and anaesthetisls In thg UK and across Ihg worfd lo apply to work on pmlocts vrith thg PROMPT learn ODON 7 - Ihis Irainlng 18 to develop a tralnlng pacwg lo allvAf for the Safe use and adoption of the 8D Odon Devic8 in clinical practice ODON 10- funding for 8 Short slmulation study DI Head Fund - this res&8r¢h fund, pwd8d by grants from D Talllng and Llmbs and fhings, is an investigatlon Into the rnanagemenl of an impact8d foelal head during caesaffjan soth.on ODON 5 - Human Factors- Ihl8 research grant is lo und&rtake on& round ol Human Factors equivalence t88tlng on two contingency versions of the BD Odon Device BMGF. A5slsi- Thls r&8earch project aim8 to detemilno the gffectivene88 and s8fety of the BS Odon D8vIco by conducting a multl-c&nt8red, randomized controlled trlal of Ihe Device versus thè current practice pr8dicat& device ol the AVB Ilh& vacuum). This siu¢fy will be perlomad in two ¢ounlrio8 (UK and Frdncel with the alm of a next step, after grant-end 8cINity of extending the st￿lY to India. Malemal & Neonatal Hgallh Inibalive- lunding to develop a Cou￿e that Could be used by the Matemal Nawbom Health Innovations to train clinical staff in Ihe sue of thelr OC()N As8ia delNery decide. 22. EMPLOYEE BENEFIT OBLIGATIONS The charity op8rat8S a (J8fined contribution pen&on scheme. The costs for the period was £1,55612023.. £9381. There were no outstanding contribuiions weie payable al th¢ yearend. 28 conts'nued... The Prom t Materni Foundation Notes to the Flnancial Statements - contlnued for the Year Ended 31 March 2024 23. RELATED PARTY DISCLOSURES Th6r8 W8r8 no related paty transactions for the year end&J 31 March 2024. 29