ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
THE FERTILITY FOUNDATION
(Charitable Incorporated Organisation) CHARITY REGISTRATION No : 1174616
Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
CONTENTS
| Page | |
|---|---|
| Legal and Administrative Information | 2 |
| Trustees report | 3-4 |
| Independent examiner’s report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the Accounts | 8-9 |
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
LEGAL AND ADMINISTRATIVE INFORMATION
Charity Number 1174616 Date of registration 12 September 2017 Trustees in the year Peter Jarvis-Mack Tone Jarvis-Mack Caroline Barnard – appointed 15 October 2024 Legal Status Charitable Incorporated Organisation Governing Instrument CIO – Foundation Registration 12 September 2017 Correspondence Address 139a-141 High Street Waltham Cross Hertfordshire EN8 7AP Primary Bankers Metro Bank One Southampton Row London WC1B 5HA Independent Examiner Robert Boulton Bsc. (Hons) FCA Thickbroom Coventry Ltd Chartered Accountants 147A High Street Waltham Cross Hertfordshire EN8 7AP
Charities main objectives
To relieve persons who are suffering from infertility or other related disorders particularly by the provision of information, advice and practical support. This overarching purpose will be achieved by a number of initiatives including;
The provision of a support network to address the needs of those suffering from infertility through a dedicated website,
The use of social media and other electronic and hard information materials,
Educating the public about all aspects of fertility treatment providers to increase accessibility to appropriate assisted reproduction treatment.
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
TRUSTEES REPORT
About the Fertility Foundation
The Fertility Foundation is the national fertility charity providing support and IVF funding to low-income couples and individuals in the UK.
We are an independent charity that doesn’t receive any regular public funding and relies on the generous donations we receive from the public.
We understand the assistance needed on an individual’s fertility journey is as unique as they are. We setup The Fertility Foundation based on our overwhelming desire to help as many people as we can to either start their family.
With the NHS funding cuts showing no signs of stopping we are creating a fund to provide financial assistance to individuals and couples who are struggling to afford treatment.
Applications for a one-time financial fertility grant will be considered by our trustees and medical team.
The generosity of our supporters has been instrumental in enabling us to provide financial assistance for IVF treatments. We extend our heartfelt gratitude to all donors for their contributions.
We are pleased to report that we have successfully provided IVF grants allowing them to pursue their dreams of starting a family. These grants have made a significant impact, covering a portion of the costs associated with fertility treatments.
Review of Activities and Achievements
During the year the Trustees opened their second Shop for their trading subsidiary which has been trading for 10 months.
The trustees have focused their time to employing staff and ensuring both of their shops stay profitable.
The Trustees continue to also look for additional Trustees and volunteers who are passionate about the aims and goals of the Charity and who will help it to grow and broaden its outreach.
It was a good year for funding with several couples being offered grants which they hope will be successful in 2025. We also have two children from this year’s funding.
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
Statement of trustees’ responsibilities
Charity law requires the trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the Charitable Incorporated Organisation and its financial activities for that period. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Incorporated Organisation and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charitable Incorporated Organisation hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Management and governance arrangements
Were there a requirement for new trustees, these would be identified and appointed by the remaining trustees. The chair of trustees is responsible for the induction of any new trustee which involves awareness of a trustee’s responsibilities, the governing document, administrative procedures, the history and philosophical approach of the charity. A new trustee would receive copies of the previous year’s annual report and accounts and a copy of the Charity Commission leaflet ‘The Essential Trustee: What You Need to Know’.
The trustees annually review the risks the charity faces. To date these have mainly related to investment management, tax rules and risk areas relating to employment of staff which have been covered by proper procedures and advice.
Independent examiner
The trustees intend to ask the existing examiner to undertake the independent examination of the Trust in the following year.
Approved by the trustees and signed on its behalf by:
................................................ Tone Jarvis-Mack Trustee
Dated:
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE ROBERT KILN CHARITABLE TRUST
I report on the accounts of the charity for the year ended 31 January 2025 which are set out on pages 6 to 9.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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Examine the accounts under section 145 of the 2011 Act
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To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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To state whether particular matters have come to my attention.
Basis of the independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
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Proper accounting records are kept in accordance with section 130 of the 2011 Act; and
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Accounts are prepared which accord with the accounting records and comply with the accounting requirements of the 2011 Act; or
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To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
147A High Street Waltham Cross Hertfordshire EN8 7AP
Robert Boulton BSc. (Hons) FCA Thickbroom Coventry Ltd Chartered Accountants
Dated:
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
| STATEMENT OF FINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | |||
| Note | Funds | Funds |
2025 | 2024 |
| £ | £ |
£ | £ | |
| Incoming Resources | ||||
| Donations, Grants & Legacies | 37,314 | 1,850 |
39,164 | 42,119 |
| Interest | - | - | - | 39 |
| _ | _ | _ | __ | |
| TOTAL INCOMING RESOUCES | 37,314 | 1,850 |
39,164 | 42,158 |
| _ | _ | _ | __ | |
| Resources Expended | ||||
| Cost of Charitable Activities; | ||||
| Grants | 2,500 | 2,000 | 4,500 | 11,687 |
| IVF Commercial | - | - |
- | - |
| Gifts and donations | - | - |
- | - |
| Salaries & NI | 4,900 | - |
4,900 | 32,719 |
| ______ | _ | _ | ___ | |
| 7,400 | 2,000 |
9,400 | 44,406 | |
| ______ | _ | _ | ___ | |
| Governance Costs; | ||||
| Independent Examiners Fee | 600 | - |
600 | 600 |
| Subscriptions | 216 | - |
216 | 108 |
| ______ | _ | _ | __ | |
| 816 | - |
816 | 708 | |
| ______ | _ | _ | __ | |
| TOTAL RESOUCES EXPENDED | 8,216 | 2,000 |
10,216 | 45,114 |
| ______ | _ | _ | __ | |
| NET INCOMING (OUTGOING) RESOURCES | 29,098 | (150) |
28,948 | (2,956) |
| Funds brought forward | 34,252 | 10,482 |
44,734 | 47,690 |
| ______ | _ | _ | __ | |
| TOTAL FUNDS CARRIED FORWARD | 63,350 | 10,332 |
73,682 | 44,734 |
| ______ | _ | _ | __ |
Movements on all reserves and all recognised gains and losses are shown above. All the organisation’s operations are classed as continuing.
The notes on pages 8 to 9 form part of these financial statements.
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
BALANCE SHEET AT 31 JANUARY 2025
| STATEMENT OF FINANCIAL ACTIVITIES | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Note | Funds | Funds |
2025 | 2024 | |
| £ | £ |
£ | £ | ||
| Fixed Assets | |||||
| Tangible Assets | 3 | - | - | - | - |
| Investments | 4 | 1 | - | 1 | 1 |
| ______ | ______ | _ | _ | ||
| 1 | - |
1 | 1 | ||
| ______ | ______ | _ | _ | ||
| Current Assets | |||||
| Debtors and prepayments | 5 | - | - |
- | - |
| Cash at bank and in hand | 73,131 | 1,850 | 74,981 | 46,354 | |
| ______ | _ | _ | _ | ||
| 73,131 | 1,850 | 74,981 | 46,354 | ||
| Creditors : | |||||
| Amounts falling due within one year | 6 | 1,300 | - |
1,300 | 1,621 |
| ______ | _ | _ | _ | ||
| Net Current Assets | 71,831 | 1,850 | 73,681 | 44,733 | |
| ______ | _ | _ | _ | ||
| NET ASSETS | 71,832 | 1,850 | 73,682 | 44,734 | |
| ______ | _ | _ | _ | ||
| ______ | _ | _ | _ | ||
| FUNDS OF THE CHARITY | 71,832 | 1,850 | 73,682 | 44,734 | |
| ______ | _ | _ | _ | ||
| Approved by the Trustees on ........................ | |||||
| and signed on their behalf by | |||||
| ................................................... | |||||
| Tone Jarvis-Mack (Trustee) |
The notes on pages 8 and 9 form part of these financial statements.
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
NOTES TO THE ACCOUNTS
1. Accounting policies
1.1 Basis of Preparation
The accounts have been prepared on the historical cost convention using the accruals basis with items recognised at cost or transaction value unless otherwise stated. The financial statements have been prepared in accordance with the Statement of Recommended Practice.
1.2 Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The Trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
1.3 Incoming Resources
These are recognised when the Charity becomes entitled to the resources, the trustees are certain they will receive the resource and the monetary value can be measured with sufficient reliability.
Income is reported gross.
1.4 Resources Expended
These are recognised when there is a legal or constructive obligation committing the Charity to pay the resource.
1.5 Unrestricted Funds
These funds can be used for the general objectives of the Charity.
1.6 Restricted Funds
These funds are where the original donor has specified a purpose for the donation made. It includes any Gift Aid recovered on the donation. Expenditure incurred for that specific purpose is offset against the fund.
2. Staff costs and numbers
The number of persons employed by the Charity (including Trustees) during the year was 1 (2024 : 2).
3. Tangible fixed assets
The Charity held no tangible fixed assets at the balance sheet date (2024 : None).
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Charity Commission reference no: 1174616
The Fertility Foundation Year ended 31 January 2025
NOTES TO THE ACCOUNTS (Continued)
| 4. Investments | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Investment in subsidiary (at cost) | 1 | 1 |
| Name of undertaking | The Fertility Trading Company Limited | |
| Registered number | 11413683 (England & Wales) | |
| Registered Office | 139a-141 High Street, Waltham Cross, Hertfordshire. | AL8 7AP |
| Class of shares held | Ordinary Shares of £1 each | |
| Percentage of shares held | 100% |
| 5. Debtors | |||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Other debtors | - | - | |
| _____ | _____ | ||
| 6. Creditors : Amounts falling due within one year | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Other creditors | - | 421 | |
| Accruals | 1,300 | 1,200 | |
| _____ | _____ | ||
| 1,300 | 1,621 | ||
| _____ | _____ | ||
| 7. Trustees and other related Parties | |||
| During the financial year trustees received the following; | 2025 | 2024 | |
| £ | £ | ||
| Tone Jarvis-Mack | Remuneration | - | 12,075 |
| Gift in furtherance of the Charity’s objectives | - | - | |
| Peter Jarvis-Mack | Remuneration | 4,900 | 24,325 |
| Gift in furtherance of the Charity’s objectives | - | - |
No other payments or transactions were made to trustees or any persons connected with them during this financial year (or last year).
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