Haemorrhage After Chlldblrth Foundation Charlty No. 1170338 Company No. CE009126 Trustees, Report and Unaudited Accounts 05 April 2023
Haemorrhage After Chlldblrth Foundatlon Contents Pages 2to4 Trustees, Annual Report Accountant Report ststemerit of Flnanclal Actlv5tles Summary Income and Expendlture Account Balance Sheèt ' Notes to the Account5 9t014 Detailed Statement of Financial Activities 15to16 Page I
Haemorrhoge After Childblrth Foundation Trustees Annual Report The trustees. who are also directors of the charity for the purposes of the Companies Act 2006, present thelr report with the unaudlted financlal statements of the eharlty for the year ended 5 April 2023. REFERENCE AND ADMINISTRATIVE DAll5 Company No. CE009126 Charlty Na. 1170338 Reglstered Office ' 10 Mowbtay Road London NW6 7QU Dlrectors and Trustees The Dirertors of the charitable company are Its Trustees for the purposes of charlty lèw. The following Directors and Trustees seNed durlng the year: M,A. Kar05hi W. Lodhi M.E. Nauta V. Siva5hanmugara5an W. Yoong Accountants Elite Accountants 717 Green Lanes. London N213RX Pak7è 2
Haemorrhage After Chlldblrth Foundatlon Trustees Annual Report OBJECTIVES AND A1VITIEs Haemorrhage after Childbirth Foundation Is a charlty started by 5 doctors14 obstetricians and a GPI in London who were Interested reducing maternal morbidlty and mortality from obstetric haemorrhage In all. countries. The aims of the organlsat5on Is the advancement of education and training of healthcare personnel on aspects of diagnosis, prevention and surgical and non-surgical management of obstetric haemorrhage and to include the provi5i9n of basic equipment and training materials. We a150 einphaslze the Importance of non-technical skills or "human factors" Ifor example.. situational awarene55, leadership and teamwork, communication, ergonomic5 and checklistsl as a crucial part of Management of obstetrlc haemorrhage, which complement5 the technical aspect5 already mentioned. We work wlth healthcare'professlonals from developing and developed countries providing a "training the trainers" programme, so that they themselves can subsequently support and traln thelr colleagues in preventlon a5 well as medical and surglcal management of postpartum haemorrhage. ACHIEVEMENTS AND PERFORMANCE This has been a busy year for Haemorrhage After Childbirth Foundatlon IHACFI with activitles back to pre COVID levels. Trustees Waslm Lodhl and Wai Yoong conducted RCOG certified Basic Practical Skills COLtrses in May and October 2022 whSch Benerated income for the charity. In September 2022, HACF delivered a Human Factors tralnlng course for senlor midwifery students of Middlesex Unlversity at their14endon campu5 Wlth Bood feedback. In October 2022, trustees Wal Yoong and Wasim Lodhl were invited to lead an International Massive obstetrlt Haemorrhage tourse at Sulaiman Al H3bib Hospital in Riyadh, Kingdom of Saudi Arabia for obstetricians. A hands on training course on third degree tears was also conducted whlch produced Income for Haemorrhage After Childbirth Foundation. Lastly, iri February 2023. trustees Wal Yoong and Wasim Lodhl were speakers and facilitators for a Massive Obstetric Haemorrhage study day at Al Khobar in KSA 24-25 Feb 2023. Trustee Wai Yoong a150 published research paper5 on obstetric haemorrhaBe'. Berg L, Dave A, Ye H, Wei J, Pattanakamjonkit P. Farah M,Yoong W. Obstetric outcomes injehovah's Wltnesse5'. case series over nine years in a London teaching hospltal. Arch Gynecol Obstet. 2024 Feb; 309121.. 475481. Berg L, Dave'A..Fernandez N, Brooks B, Madgwick K, Govind A,Yoong W. Women who decline blood during labour.. Review of findings and lessons learnt from $2years of Confidential Enquiries into maternal mortality in the United Kingdom11962-20191. Eur J Obstet Gynecol Reprod Biol. 2022 Apr- 271.. 20-26. Benson E, Chen H, Nakhosteen A, Yoong W. Management of postpartum haemorrhage in a patient with Klippel-Trènaunay syndrome. BMJ Case Rep. 2022 Feb 7,.15121:e246601. doi: 10.11361bcr-2021-246601 Page 3
HaemorrhagÈ After Childblrth Foundation Trustees Annual Report FINANCIAL REV5EW The charity continued to run practlcal courses throughout the year turnlng over £19,840 which was It's maln source of Income. It also recelved a £200 donation from the North Middlesex Hospital. The charity tries to malntaln low overheads as far as possible and thls allowed It to record a net proflt of £4,963 during the year, increasing the reserves of the charity accordinglv. STRUCTURE, GOVERNANCE AND MANAGEMENT Haemorrhage After Childbirth Foundation is a Charitable Incorporated Organisation whose only votlng members are its charity-rustees, as detailed in its constitution. The ftrst trustees were a?polnted for a term of 5 years. There must be at least three trustees. Apart froni the first trustees, every trustee rnu5t be appointed by resolution. Charlty Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. The Trustees are responsible for keeping proper accounting records that dlsclose with reasonable accuracy at any tlme the flnancial p.osition of the charlty and to enable them to ensure that the financial statements ompjy with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charSty and hence taklng reasonable steps for th¢ prevention and dètection of fraud and other irreEularitie5. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies reglme as set out in Part 15 of the Companies Act 2006 and in accordance with the Charltles SORP IFRS 1021. Signed on half of the toard W. Yoo TrLFStee IS July 202 Page 4
Haemorrhage After Chlldblrth Foundatlon Ac¢ountant Report In order.to assist you to fulfil your duties Under the Companies Act 2006 in accordance with the Charities SORP.IFRS 1021, we have prepared for your approval the accounts of Haemorrhage After Childbirth Foundation for the year ended 5 April 2023 as set out on pages 6 - 16 from the CharlS accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountant5, we are subject to its ethical and other professional requlrements which are detailed at httPs'.Ilwww.accaglobal.comluk/en/about-Us/regulation/rulebook.html. Th15 report Is made solely to the Trustee5 of Haemorrhage After Childbirth Foundation, a5 a body, in accordance with the terms of our engagement letter dated 7 July 2018. Our work has been undertaken solely to prepare for your approval the accounts of Haemorrhage After Childbirth Foundation and state those matter5 that we have agreed tts state to the Trustees of Haemorrhage After Childbirth Foundation, as a body, in this report in arcordance with the requirement5 of the Association of Chartered Certified Accountants as detailed at http'./lwww.accaglobal.comlcontent/dam/ACCA_Globalnechnical/fatt/technlcal-fart5heet-163.pdf. To the fullest extent permitted by law, we do not accept or assume rèsponslblllty to anyone other than Haemorrhage After Childbirth Foundation and Its Trustees as a body for our work or for this report. It Is your duty to ensure that Haemorrhage After Childbirth Foundation has kept adequate accounting records and 'to prepare statutory accounts that give a true and fair view of the assets, Ilabilitie5, financial position and10ss of Haemorthagè After Childbirth Foundation. You consider that Haemorrhage After ChSldbirth Foundation Is exempt from the statutory audit requirement for the year. We have not been Instructed to carry out an audit or a review of the accounts of Haemorrhage After Childbirth Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, expre55 any opinion on the statutory accounts. Elite Accountant5 (London) Llmlted Chartered CertSfied Actountants 717 Green. Lanes Winchmore Hlll London N213RX IS July 2024 Page 5
Haemorrhage After Chlldbirth Foundatlon Statement of Finariclaj Activitles lorthe year ended 5 Aprfl 2023 Unrestrl¢ted funds Total funds Total fvnds ' 2023 2023 2022 Notes Income and eridowmenls from; Charitable activlties 20,040 20,040 20.647 Total 20,040 20,040 Expendlture on: Charitable actiiiltie5 Other 13.430 1.647 13,430 1,647 9,914 1.023 Total 15,077 10,937 Net galns on investments Net Income 4.963 4.963 9.710 Transfers between funds Net Income before other galnslllossesl 4,963 4,963 9,711) Other galns and1055es Net movement In fund5 4,963 4,963 9,710 Reconclllatlon'of fund5: Total funds brought forvrdrd 43.982 43,982 34,271 Total funds carrled fonvard 48,945 48,945 43,981 Paoe 6
Haemorrhage After Childbirth Foundatlon summary Income and Expendlture Account for the year ended 5 Aprll 2023 2023 2022 Income. 20,040 20,647 Gro Ineome for the year .Èxpendlture 20,040 20,647 14.783 10,828 Depreclation and charges for ImpaSrmerit of fixed assets 109 Total expenditure for the year Net income before tax for. the year 15,077 10,937 4,963 9.710 Net Income forthwyear 4,963 9,710 Page 7
Haemorrhage After Childblrth Foundation Balance Sheet at S Aprll 2023 Company No. CE009126 Notes 2023 2022 Flxed assets Tangible assets 1,667 1,667 616 616 Current assets Debtors Cash at bank and in hand io 219 51,429 51,648 14.3701 47.278 47,015 47,015 13,6501 43,365 Creditors., Amount falling due wlthin one year Net current assets Total asset5 less Current Ilabllltles 48,945 43,981 Net a55et5 excludlng penslon asset or liÈbility 48,945 43,981 Totsl net assets 48,945 43,981 The funds of the charity Restricted funds Unrestrlcted funds General funds 12 12 48,945 43,982 48,945 43,982 Reserves 12 Total funds 48,945 43,982 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companie5 Act 2006 relating to small companies. For the year ended 5 Aprll 2023 the company was entitled to exemptlon under sectlon 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with sectlon 476 of the Companies Act 2006. The direttors acknowledge thelr responsibilities for complying wlth the requirements of the Companies Act 2006 1th respect to accountlng record5 and the preparation of accounts. Approved by the board on 15 July 2024 An signed on its behalf by: Tr 15July2024
Haemorrhage After Childbirth Foundation Notes to the Accounts for the year ended 5 Aprli 2023 l Accountlng pollcles Basls of preparatlon The financial statements have been prepared In accordance with Attounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I January"20151 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and thè Companies Act 2006. Change in basls of accountlng or to prevlous accounts There has been no Change to the accounting policies (valuation rules and method of accounting) sincè last year and no changes have been made to accounts for previous years. Fund accounting Unréstricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. The52 are unrestricted funds earmarked by the trustees for particular purposes. These are unrestritted funds which Intlude a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subject ro restrlctions Imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Income. Recognltion of Income Income is included in the Statement of Financial Activities ISOFAI when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reli3bility. Income With related Where income has related expenditure the Income and related expenditure is expenditure reported gross in the SOFA. Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the the SOFA when receiv3ble and only when the Charlty has unconditional entitlement to the income. Tax reclalms on Income from tax reclaims is included in the SOFA at the same time as the donatlDn5 and gifts giftldonation to which it relates. Donated services These are only included in income Iwith an equivalent amount in expenditvrel and facilities where the benefit to the Charity is reasonably quantifiable. measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment Income Thi5 is included in the accounts when receivable. Gains/llossesl on This includes any gain or10$5 resulting from revalulng Investments to market value revaluation of fixed at the end of the year. assets Gains/llosse51 on investment asset5 .This includes any galn or loss on the sale of investments. Page 9
Haemorthage Aftèr Chlldbirth Foundation Notegto the Accounts Expenditure Recognitlon of expenditure. Expenditure is recognised on an accruals basis. Expenditure includes any VAT whl Cannot be fully recovered, and is reported as part of the expenditure to whith it relate5. Expenditure on These comprise the costs associated wlth. attracting voluntary income) fundralslng . raising funds tradlng costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activitie5 Services in the furtherance of its objects, Including the making of grants and governance costs. All grant expenditure 15 accounted for on an actual pald basis plus an aterual for grants that have been approved by the trustees at the end of the year but not yet Pald. These include those cost5 associated wlth meeting the constitutional and statutory requlrement5 of the Charlty, including any audit/independent examination fees. costs linked to the strategic management of the Charity, together with a share of other administration costs. These are support Costs not allocated to a particular actSvity. Grants payable Governance costs Other expenditure Taxation -The charlty is exempt from corporation tax on its charitable activities. Freehold Investment property Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreclated. All gains or1055e5 are taken to the Statement of Fin3ncial Activitles as the¥ arlse. Stocks Stock is Included at the lower of cost or net realisable valve. Donated Items of stock are recognlsed at fair value which Is the amount the charity would have been willing'to Pay for the items on the open Market. Trade and other debtors Trade and other debiors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. . Cash and cash equ5valents Cash and ta5h equivalents comprise cash at bank and on hand. demand deposits with banks and other 5hort-term highly liquid investments with original maturities of three months or less and bank overdraft In the statement of financial posltlon, bank overdrafts are shown within borrowlnEs or turrent liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other credltors Short term creditors are measured at the transaction price. Other credltors and provisions are recognisec where the charity has a present obllgation resulting from a past event that will probably result in the ' transter of funds to a third party and the amount due to settle the obligation can. be measured or estimated reliably. Creditors and provisions are normally recognlsed at their settlement amount after allowlng for any trade discounts due. Pape ID
Haemorrhage After Childbirth Foundgtion Notes to the Accounts Research and development Expenditure on research and development is written off in the year in which it is incurred. Forelgn currende5 Monetsry assets and Ilabilrties denomlnated In currencies other than the functional currency of the charlty are translated at the rates of exchange prevalling at the end of the reporting period. Transactions in turrencies other than the functional turrency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange dltferences are are taken Into account In arrlving at net Income/expenditure. Lèased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to c.harity are classified as operating leases. Assets held Under finance lease5 are initially reco8nised a5 a55ets of the charity at their fair value at the Inceptlon of the lease or. If lower, at the present value of the minimum IEase payment5. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obllgatlDn so a5 to achieve a constant rate of interest on the remaining balance of the liabllSty. Finance expenses are recognised immediatelyi unless they are directly attributable toqualifying assets, in which case they are capitalised.in accordance with the charity's policy on borrowing costs. '1 Assets held under finance leases are depreciated in the same way as owned assets. Operatlng lease payments are recognised as an expense on a straight-line bas15 over the lease term. In the event that lease incentlves are received to enter into operatlng leases, such Incentives are recognlsed as a Ilabillty- The aggregate benefit of incentives 15 recognised as a reduction of rental expense on a straight-line ba515, Pension costs The charity operates a defined contribution plan for Its employees. A defined contrlbution'plan Is pension plan under whlch the company pays flxed contributions into a separate entitv. Once the ontributions have been paid the company has no further payments obligations. The ¢ontributions are recognised as ekpenses when they fall due. Amount5 not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in Independently administered funds. Recelpt of donated goods, facllltles and ser41ces All donated good5, facilities and services received are reco'gnised wlthln Incomlng resources and expenditure at an estimate of the value to the charity. ? Company statu5 The charity is a CIO (Charitable Incorporated Organisation) and does not have share capital. Page 11
Haemorrhège After Childblrth Foundation Notes to the Accaunts 3 Statement of Finandal Actlvltle5- prlor year Uhrestrlrted funds Total funds 2022 2022 Income and endowments from: Charitable activlties 20.647 20,64- Total 20.647 Expenditure on: Charitable actlvltles 9,914 9,91L 1,022 other 1,023 Total 10,937 Net iD¢ome 9,710 9,710 Net Income before other 8alns/llosses) Other gains and losses: Net movemRnt In funds 9,710 ' 9,71C, 9,710 9,71C Re¢onciliation of .funds: Total funds brought forward Total funds carried forward 34.271 34,271 43,981 43,981 4 Income from charltable artlvltles Unrestrlcted Total Total 2023 2022 ' Practical training courses 20,040 20,040 20,040 20,040 20,647 20,647 S Expendlture on tharltable activities Unrestrirted Total Tot81 2023 2022. Expenditure on choritoble activities Practical training courses .Grants made 11.170 loo 11.170 6,894 860 loo Governonce costs Attountancy fees 2,160 13,430 2,160 13,430 2,160 9,914 PA#e 12
Haemorrhage After Chlldblrth Foundation Note5 to the Accounts 6 Other expendlture Unrestrlcted. Total Total 2023 2022 Motor and.travel costs 1,353 1.353 Amortisatlon, depreciatlon, Impairment, profltlloss on disposal of fixed assets General administrative c05tS 294 294 109 914 1,647 1,647 1.023 7 Net Ineome before transters 2023 2022 Thi5 15 stated after chargln8- Depreciation of owned fixed asset5 8 Staff costs No employee received emoluments in excess of £60,000. 294 109 9 Tanglble Ilxed assets Cost or revaluatlon At 6 April 2022 Additions At 5 April 2023 Depreciatlon and Impalrment At 6 Apr.il 2022 Depreciation charge for the year. At 5 April 2023 Net book values 725 1,345 2,070 725 1,345 2,070 109 109 294 294 403 403 At 5 April 2023 At S Aprll 2022 10 Debtors 1,667 616 1,667 616 2023 2022 Other debtors 219 219 11 Creditor5: amounts falling due within one year 2023 2022 Trade creditors Accruals 2,210 2,160 4,370 so 3,600 3,'650 Page 13
Haémorrhage After Chlldblrth Foundation Notes to the Accounts 12 Movement In.funds Incomln8 resources lin¢luding other At 6 Aprll galnsllosses 2022 Resources expended At S Aprll 2023 ' Restrlrted fund$: Unrestrlcted funds: G¢neral funds 43.982 20,040 {15,0771 48.94C Total funds 13 Analys15 of net assets between funds 43,982 20,040 {15,0771 48,945 Unrestrlcted . funds Restrlrted funds. Tot81 Fixed assets Net current asset5 1,667 47.059 48,726 1,667 47,278 48.945 219 219 14 Reconclllatlon of n¢t debt At 6 Aprll 2022 At 5 April 2023 Cash flows Cash and cash" equlvalents 47,015 47,015 4,414 4.414 51,429 51,429 Net debt 47,015 4.414 51,429 15 Related party. dlsclosures Controlllng party The charlty is a CIO (Charitable Incorporated OrEani5ationl and consequently does not have a controlling party. P3ge 14
iaemorrhage After Childbirth Foundation Detalled Statement of Fln'anclal Actlvltles for the year ended 5 Aprll 2023 Unrestricted funds 2023 Totsl funds 2023 Total funds 2022 Income and. endowments from: Charitable activities Practical training courses 20,040 20,040 20.040 20,647 20,647 Total income and endowments 20.040 20,040 20,647 Èxpendlture on: Charitable activities Practical tralnlng courses Grants made 11,170 loo 11,170 loo 11,270. 6,894. 860 7,754 11,270 Governance costs Accountancy fees 2,160 2,160 2,160 2.160 2,160 2,160 Tot•1 of exp¢nditure on rharitsble artlvitles 13.430 13,430. 9,914 Motor ind travel costs Travel and subslstence 1,353 1,353 1,353 1,353 General adrninistrative costs, Including depreciatlon and amortisation Depreciation of Information and publications Statlohery and prlnting SubscriptlDn5 Sundry expenses 294 294 109 380 15 137 382 1,023 1,023 294 294 Total of expendlture of other costs fotal expendlture Net gains on Investments 1,647 1,647 15,077 15,077 10,937 Net income 4.963 . 4.963 9,'710 Net Income before other 8ains111055es1 Other Gains 4,963 4,963 9,710 Net movement In funds 4,963 4,963 9,710 Reconclllatlon of fund5: Page IS
HaenTorrh88e After Childblrth Foundation Detalled Statement of Flnanclal Actlvltles Total fuhds brought forward 43,982 43.982 34,271 Trtal funds carrled fonNard 48,945 48,945 Pale 16