Haemorrhage After Childbirth Foundation Charity No. 1170338 Company No. CE009126 Trustees, Report and Unaudited Accounts 05 April ZOZ5
Haemorrhase After Chlldblrth Foundation Contents ages Trustees, Annual Report Accountants Report 2to4 Statement of Financial Activities Summary In¢pme and Expenditure Account Balance Sheet Note5 to the Accounts 9t014 Detailed Statement of Financial Activities ISto16 Page'l
Haemorrhage After Chlldbirth Foundatlon Trustees Annual Report The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 5 April 2025. REFERENCE AND ADMINISTRATIVE DETAILS Company No. CE009126 Charity No. 1170338 Registered Office 10 Mowbray Road Londo.n . NW6 7QU Dirertors and Trustees The Directors of the charltable company are its Trustees for the purpose5.of charity law. The following Direct'ors and Trustees served during the year: M.A. Kar05hl W. Lodhi M.E. Nauta V. Sivashanmugarajan W. Yoong Accountants Elite AccouDtants 22 The Grangeway London N213HG Paee 2
Haetiiorrhage After Childblrth Foundation Trustees Annual Report OBJECTIVES AND ACTIVITIES Haemorrhage after Childbirth Foundation is a charity started by 5 doctors14 obstetricians and a GP) in London who were interested reducing maternal morbidity and mortality from obstetric haemorrhage in all countries. The aims of the organisation is the advancement of education and training of healthcare personnel on aspects of diagnosis, prevention and s4Jrgical and non-surgical management.of obstetric haemorrhage and to include the provision of basic equipment and training materials. We also emphasize the importance of non-technical skills or "human factors" (for example: situational awareness, leadership and teamwork, communication, ergonomics and checklist51 as a crucial part of management of obstetric haemorrhage, which complements the technical aspects already mentioned. We work with healthcare professionals from'developing and developed countries providing a "training the trainers" programme, 50 that they themselves can subsequently support and train their colleagues in prevention as well as medical and SLJrgical management of postpartum haemorrhage. ACHIEVEMENTS AND PERFORMANCE, In January 2025, Wai Yoong, Waslm Lodhi and Schahrazed Rouabhi were invited to run Massive Obstetric Haemorrhage and Human Factors Wprkshops at the 2nd RCOG IRC Congress at Shalamar Hospital in Lahore, Pakistan. There were 100 delegates attending the workshops and the congress had over 500 national and international delegates In February 2025, Wai Yoong, Wa5im Lodhi, Maud Nauta and Schahrazed Rouabhi hèid 3 similar workshop on Postpartum Haemorrhage and Patient Safety in Touggourt, Algeria in Feb 2025 hosted by the Obstetric and Gynaecology.Society of Algeria. Wasim Lodhi and Schahrazed Rouabhl further ran a seminar on emergency obstetric procedures including management of postpartum bleeding in Setif, Algeria in March 2025. In March 2025, trustees Wai Yoong, Maud Nauta and Hashviniya Sekar conducted a Patient Safety symposium for year 3 midwifery students.at London Southbank Universlty on the invitation of Anna Lyons, Senlor Midwifery Lecturer, The topics covered included: Understanding authority gradient: Dr Hash Sekar. Managing workload, fatigue and rest: Dr Maud Nauta and What same day discharge hysterectomy has in common with Team GB Olympic Rowing. Dr Wai Yoong. Trustees of the charity continue to publish papers relating to obstetric haemorrhagg and Human Factors in respected peer review scientif ic journals in the financial year: Sekar H,. Lodbi W,YoDng W. Cell salvage techniques and obstetric haemorrhage. J Obstet Gynaecol. 2024 Dec; 44(11:2394532. doi: 10.1080101443615.2024.2394532. Epub 2024 Sep 23.PMID.'39311418Free article.Review. 5ekar H,Thiyagalingam 5, Swann P, Karavolos S, Yoong W. Enhanced recovery reVi51ted.' what day case hysterectomles can learn from Team GB'elite athletes. The Obstetrician & Gynaecologist Volume 27, Issue I First published:09 December 2024. Page 3
Haemorrhage After Childbirth Foundation Trustees Annual Report FINANCIAL REVIEW In this financlal year, Wasim Lodhi Femained clinical lead for the department of Obstetrics and Gynaecology, which involved significant administrative time dealing with day to day running of the hospital. Wai Yoong was continued to function as Deputy Editor in Chief for The Obstetrician and.Gynaecologist ITOG), the training journal for RCOG, which required time in processlng educational articles, vetting submissions and making audiovisual.teaching aids for trainees. This meant that we had less time to run our usual courses which. generate income for HACF. STRUCtURE, GOVERNANCE AND MANAGEMENT Haemorrhage After Childbirth Foundation is a Charitable Incorporated Orsani5ation whose only voting. members are its charity trustees, as detailed in its constitution. The first trustees were appointed for a term of 5 years. There must be at least three trustees. Apart from the first trustees, every trustee must be appointed by re501ution. Charity Trustees must hav2 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 disclose with reasonable accuracy at any time the financial position of the charity and..to enable them to ensure that the financial statements comply with the Companies Act 2006, The Trustees are also responsible for safeguarding the assets of the ' charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularitiés. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 20.06 and in accordance with the Charities SORP IFRS 1021. Signed on behalf of the board W. Yoong Trustee 29 April 2026 P3ee 4
Haemorrhage After Childbirth Foundation . Accountants Reports In order to assist you to fulfil your duties under the Companies Act 2006 in accordance with the Charities SORP IFRS 102), we have prepared for your approval the accounts of Haemorrhage After Childbirth Foundation for the year ended 5 April 2025 as set out on pages 6- 16 from the Charity's accountlng retords and from information and explanations yob have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements.which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html. Thisreport is made 501ely to the Trustees of Haemorrhage After Childbirth Foundation, as a body, in accordance with the terms of obr 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 matters tbat we have agreed to state to the Trustees of Haemorrhage After Childbirth Foundation, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at httPs:.//www.accaglobal.com/content/dam/acca/global/pDF-technical/audit-publications/technical-factsheet-I 63.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility 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 Foundatioh has kept adequate accountlng records and to prepare statutory accounts that give a true and fair vlew of the assets, liabilities, financial position and loss of Haemorrhage After Childblrth. Foundatlon. You consider that Haemorrhage After Childbirth 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, express any opinion on the statutory accounts. Elite Accountants (London) Limited Chartered Certified Accountants 22 The Grangeway London N212HG 29th April 2026 PaRe 5
Haemorrhage After Chlldblrth Foundation Statement of Financial Actlvltles for the year ended 5 Aprll 2025 Unrestrlrted funds Total IndS . Total funds 2025 2025 2024 Notes Income and endowments, from: Charltable activities 10,440 Total 10,440 Expendlture on: Charitable activitie5 Other 5,823 6,776 5,823 6,776 19,200 9,251 Total 12,599 12,599 28,451 Net gains on investments Net expendlture Transfers between funds {12,599} (12,599) (18,0111 Net expendlture before other galns/{losses) 112,599) 112,599) 118,011) Other gains and losses Net movement Infunds (12,599) {12,599) 118,011) Reconciliation of funds: Total funds brought forward 30,934 30,934 48,945 Total funds carrled fonvard 18,335 18,335 30,934 Paoe 6
Haemorrhage After Chlldblrth Foundatlon Summary Income and Expenditure Account for the year ended S April 2025 2025 21124 Income 10,440 Gross income for the year Expenditure 10,440 12,386 28,201 Depreciation and charges for impairment of fixed assets 213 250 Total expenditure for the year Net expenditure before tax for the year 12,599 28,451 (12,599) 118,011) Net expEnditure for the year {12,599) (18,011) Page 7
Haemorrhage After Chlldbirth Foundatlon Balance Sheet at S Aprll 2025 Company No. .CE009126 Notes 2025 2024 Fixed a55ets Tangible assets 1,204 1,204 . 1,417 Current assets Debtors , Cash at bank and in hand 10 141 21,110 21,110 (3,979) 17,131 33,896 34,037 14,5201 29,517 Creditors: Amount falling due within one year Net current assets li Total assets less current liabiltties Net assets excluding pension asset or liability Total net assets .18,335 30,934 18,335 30,934 18,335 30,934 The funds of the charlty Restrlcted funds Un'restrlcted funds General funds 12 12 18,335 30,934 18,335 30,934 Reserves 12 Total funds 18,335 30,934 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 5 April 2025 the company was entitled to exemption under section 4.77 of the Compa'nies Act 2006 relating'to sthall companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 29 April 2026 And signed on its behalf by: W. Yoong Trustee 29 Aprll 2026 Paoe 8
Haemorrhage After Childbirth Foundation Notes to the Accounts for the year ended 5 Aprll 2025 l Accounting policies Basis of preparatlon The financial statements have been prepared in accordance with Accounting 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 (effective I January 20151 (Charitie5 SORP (FRS 102)}, the Financial Reporting Standard applicable in the UK and RepLJblic of Ire12nd IFRS 102) and the Companies Act 2QO6. Change ih basis of accounting or to previous accounts There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous year5. Fund accountlng Unrestricted funds These are available for use at the discretion of the trustees iri furtherance of the general objects of the charity. These are. unrestricted fund5 earmarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representlng the restatement of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Income Recognition of rncome Income is included in the Statement of Financial Activities {SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. In'come with related Where income has related expEnditure the income and related expenditure is expenditure reported gross in the SOFA. Donations and legacies Voluntary.incoine received by way of grants, donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SOFA at the same time as the donations and gift5 gift/donation to which it relates. Donated services and facilities These are'only included in income {with an equivalent amount in expenditure) 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 This is included in the accounts when receivable. Gains/{losses1 on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. a55ets. Gains/llosses) on investment assets This includes any gain or loss on the sale of investments, Page 9
Haemorrhage After Childblrth Foundation Notes to the Accounts Expendlture Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprisÈ the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management co<(s. Expenditure on The'se comprise the costs incurred by the Charity in the delivery of its ac.tivities and charitable activities services in the furtherance of its objects, includihg the making of grants and governance costs. All grant expenditure is accounted for on an actu81 paid basis plus an accrual for. grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any auditlindependent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. These are 5UPPOrt costs not allocated to a particular activity. Grants payable Governance costs Other expenditure Taxation The charity 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 depreciated. All gains or Igsses are taken to the Statement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised 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 debtors 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 equivalents Cash and cash 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 overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liab41ities. 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 creditors Short term creditor5 are measured at the transaction price. Other creditors and provisions are recognised where the charity has a presEnt obligation resulting from a past event that will probably result iri the. transfer of funds to a third par.ty and the amount due to settle the obligation can be measured or estimated reliably. Creditor5 and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Paoe 10
Haetiiorrhage After Chlldbirth Foundation Notes to the Accounts Research and development Expenditure on research and development is written off in the year in which it is incurred. Foreign currencies Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporti ng period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange difference5 are are taken into account in arriving at net income/expenditure. Leased 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. Lease& which do not tra nsfer substantially all the risk5 and rewards of ownership to charity are classified as operating leases. A55ets held under finance leases are initially recogni5ed as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minirnum lease payments. The corresponding liability to the le550r is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance Èxpenses and reduction of thé lease obligation so as to achieve a constant rate of interest on the remaining balance of the lia bility, Flnance expenses are recognised immediately, unless they.are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. 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 basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line bas15. Penlion costs The charity operates a def ined contribution plan for its employees, A def ined contri bution plan. is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts 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. Receipt of donated good5, facilities and services All donated good5, faci lities and services received are recognised within incomi ng resources and expenditure at an esti mate of the value to the charitv. 2 Company status The charity is a CIO (Cha ritable Incorporated Organisationl and consequently doe5 not have share capital. Page 11
Haemorrhage After Chlldblrth Foundation Notes to the Accounts 3 Statement of Flnancial Activities - prlor year Unrestricted funds Total funds 2024 2024 Income and endowments from: Charitable activities 10,440 10,440 Total 10,440 10.440 Expenditure on: Charitable activitie5 19,200 19,200 .9,251 Other 9,251 Total 28,451 28,451 Net income (18,011) {18,0111 Net income before other gainslllosses) other galns and losses: Net movement in funds (18,011) 118,011) (18,011) {18,0111 Reconclliation of funds: Total funds brought forward Total funds carried fonmard 48,945 48,945 30,934 30,934 4 Incomefrom charitable actlvltles Total 2025 Total 024 Practical training courses iQ,440 10,440 5 Expenditure on charitable actlvities Unrestrlcted Total Total 2025 2024 Expenditure on Charitble activities Practical training course5 Governtsnce costs 4,203 17,040 Accountancy fees 1,620 5,'823 1.620 5,823 . 2,160 19,200 Page 12
Haemorrhage After Childblrth Foundation Notes to the Accounts 6 Other expenditure Unrestricted Total Total . 2025 2024 Employee costs Motor and travel costs Amortisation, depreciation, impairment, profit/loss on dispos31 of fixed assets General administrative costs 101 101 267 6,223 6,223 8,117 213 250 239 239 617 6,776 6,776 9,251 7 Net expenditure before transfers. 2025 2024 This is stated'after charging: Depreciation of owned fixed assets 8 Staff costs No employee received emoluments in excess of £60,000. 9 Tan8ible flxed assets 213 250 Cost or revaluatlon At 6 April 2024 At 5 April 2025 Depreclatlon and impalrment At 6 April 2024 . Depreciation charge for the. year At 5'April 2025 Net book values 2,07.0 2,070 2,070 2,070 653 653 213 213 866 866 At 5 April 2025 At 5 April 2024 10 Dèbtors 1,204 1,417 1,204 1,417 2025 2024 Trade debtors 141 141 11 Creditors: amounts falling due within one year 2025 2024 Trade creditors Accruals 199 200 3,780 3,979 4,320 4,520 Page 13
Haemorrhage After Chlldbirth Foundatlon Notes to the Accounts 12 Movement In funds Resources expended At 5 April 2025 At 6 Aprll 2024 Restricted funds: unrestr.icted funds: General funds 30,934 (12,599) 18,335 Total funds 13 Analysis of net assets between funds 30,934 (12,599) 18,335 Unrestrirted funds . Total Fixed assets 1,204 17,131 18,335 1,204 17,131 18,335 Net current assets 14 Reconclllatlon of net debt At 6 April 2024 At 5 April 2025 Cash flows Cash and cash equivalents 33,896 33,896 (12,7861 {12,786) 21,110 Net debt. 33,896 (12,786) 21,110 15 Related party dlsclosures Controlllng party The charity is a CIO (Charitable Incorporated Organisationl and consequently does not have a £ontrolling party. P3oe 14
Haemorrhage After Childbirth Foundation Detailed Statement of Flnancial Actlvltles for the year ended 5 April 2025 UnrestrlctEd funds Total funds Total funds 2025 2025 2024 Income and endowments from: Charitable activities Practic81 training courses 10,440 10,440 Total income and endowments 10,440 Expendlture on: Charitable a£tivities Practical training courses 4,203 . 4,203 4,203 4,203 17,040 17,040 Governance costs Accountancy fees 1,620 1,620 1,620 1,620 2,160 2,160 Total of expendltur.e on charltable actlvlties 5,823 5,823 19,200 Employee costs Staff entertainment 101 ioi ioi ioi 267 267 Motor and travel tOSts Travel and subslstence 6,223 6,223 6,223 6,223 8,117 8,117 General administrative costs, including depreciation a.nd amortisation DereCIatIon Equipment expensed Software, IT support and related costs 213 213 250 394 60 60 Subscriptions Sundry expenses 137 137 137 42 452 42 86 452 867 Total of expenditure of other cost5 Total Èxpenditure Nèt gains on investments 6,776 6,776 9.251 12.599 12,599 28,451 Net expendlture 112,5991 112,599} {18,011) Net expendlture before othpr galnsl{losses) Other Gains 112,599) (12,599) {18,0111 Page"15
Haemorrhoge After Chlldblrth Foundatlon Detalled Statement of Flnantlal Activlties Net movement In funds (12,599) (12,599) {18,011) Reconclliation of funds: Total funds brought forward 30,934 30,934 48,945 Total funds.carrled forward 18,335 18,335 30,934 Page 16