2022-12-31-accounts - Womb Research UK

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date 01 January 2022

Period end date 31 December 2022

From

Section A Reference and administration details

Charity name

Womb Research UK

Other names charity is known by

Registered charity number (if any) 1176456

Charity's principal address c/o 1 Bishop Street Portsmouth Hampshire Postcode PO1 3DA

Names of the charity trustees who manage the charity

1 2 3 4	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Yelena Whitelock
	Valeria Berry
	Valeriya Cooper

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Legal adviser	Robin Townsend	LLB, Solicitor Saulet Townsend Solicitors Froddington House, Cumberland Business Centre Northumberland Road Portsmouth, Hampshire, PO5 1DS
Name of chief executive or names of senior staff members (Optional information)
Miss Yulia Humrye

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted Company Number: CE012792 (eg. trust, association, company) Appointed by as described in governing document. Trustee selection methods (eg. appointed by, elected by)

Additional governance issues (Optional information)

TAR

March 2012

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;

Information for new charity trustees is available before his or her first appointment: a copy of the current version of this constitution; and a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts. New trustees have an induction with all relevant information and procedures policies including the charity’s organisational structure.

the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the Womb Research UK are: 1. The preservation and protection of good health and the relief of sickness in particular, but not exclusively, by promoting research into all matters connected with or bearing upon the causes, prevention, treatment and care in health and of disease of the womb, to include research into surgery as applied to disease of the womb, and for the publication and dissemination of the results of such research, for the public benefit. 2. The advancement of education for the public benefit by extending, increasing and disseminating knowledge of health and disease of the womb acquired, as a result of the research.

TAR

March 2012

Charitable activities are slowly getting to be established following the Covid-19 pandemic situation, which was present for the past two years. The Trustees are aware of the guidance and have taken it into account when deciding on which the guidance is relevant. The Trustees declare the Womb Research UK purposes are set to be for the public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

Minimal activities were undertaken. Only the web pages were maintained You may choose to include and fundraising profiles at JustGiving and PayPal giving funds. further statements, where All work related to activities and the day-to-day running of the charity relevant, about: were performed by volunteers and trustees. A volunteer fundraising • policy on grantmaking; officer has left due to other commitments. A 5-year plan was reviewed and updated where it was necessary.

policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

Ideas for support of research activities were collected and reviewed, Summary of the main possibly funding projects were identified along the establishment of achievements of the charity underfunded areas within the remit of the charitable aims. during the year

TAR

March 2012

Section E Financial review

Brief statement of the charity’s policy on reserves

The Womb Research Reserves Policy is defined in terms of the investments in trusts and can set aside enough money to meet a potential need, such as an unexpected drop in income. Also, funds can be set aside for a specific purpose, such as building works, and these funds are made clear of their specific purpose and separate from the charity’s general reserves. The Womb Research UK will aim to maintain a % of yearly expenditure in reserves as agreed in the previous year policy. The reserve policy was discussed and reviewed by Trustees.

Details of any funds materially in deficit

N/a

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Mrs Valeria Berry Full name(s) Miss Yulia Humrye Position (eg Secretary, Chair, Chief Executive / Managing Trustee etc) Director

Date 30/10/23

TAR

March 2012

----- Start of picture text -----
Womb Research UK Charity No
(if any) 1176456
Annual accounts for the period
Period end
Period start date To
01.01.2022 date 31.12.2022
Section A Statement of financial activities
Restricted
Recommended categories by Unrestricted income Endowment Prior year
activity funds funds funds Total funds funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 150 - - 150 956
Charitable activities S02 - - - - -
Other trading activities S03 - - - - -
Investments S04 - - - - -
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 150 - - 150 956
Resources expended (Note 6)
Expenditure on:
Raising funds S08 173 - - 173 -
Charitable activities S09 - - - - -
Separate material item of expense S10 - - - - -
Other S11 - - - - -
Total S12 173 - - 173 -
Net income/(expenditure) before investment
gains/(losses) S13 - 23 - - - 23 956
Net gains/(losses) on investments S14 - - - - -
Net income/(expenditure) S15 - 23 - - - 23 956
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 - 23 - - - 23 956
Reconciliation of funds:
Total funds brought forward S21 956 - - 956 -
Total funds carried forward S22 933 - - 933 956
1
Guidance Notes
----- End of picture text -----

Section B Balance sheet

	Guidance Notes	Unrestricted funds	Restricted income funds	Endowment funds	Total this year	Total last year
		£	£	£	£	£
Fixed assets		F01	F02	F03	F04	F05
Intangible assets(Note 15)	B01	-	-	-	-	-
Tangible assets(Note 14)	B02	-	-	-	-	-
Heritage assets(Note 16)	B03	-	-	-	-	-
Investments(Note 17)	B04	-	-	-	-	-
*Total fixed assets*	B05	-	-	-	-	-
Current assets
Stocks(Note 18)	B06	-	-	-	-	-
Debtors(Note 19)	B07	-	-	-	-	-
Investments(Note 17.4)	B08	-	-	-	-	-
Cash at bank and in hand(Note 24)	B09	933	-	-	933	956
*Total current assets*	B10	933	-	-	933	956

Creditors: amounts falling due withinone year(Note 20)	B11	-	-	-	-	-

*Net current assets/(liabilities)*	B12	933	-	-	933	956

*Total assets less current liabilities*	B13	933	-	-	933	956

Creditors: amounts falling due after one year(Note 20)	B14	-	-	-	-	-
Provisions for liabilities	B15	-	-	-	-	-

*Total net assets or liabilities*	B16	933	-	-	933	956
Funds of the Charity
Endowment funds (Note 27)	B17	-			-	-
Restricted income funds (Note 27)	B18		-		-	-
Unrestricted funds	B19			-	-	-
Revaluation reserve	B20				-
*Total funds*	B21	-	-	-	-	-

Signed by one or two trustees on behalf of all the trustees		Signature		Print	Name	Date of approval dd/mm/yyyy
				MrsValeriaBerry		31/10/2023

Section C Notes to the accounts


Note 1Basis ofpreparation

*This section should be completed by allcharities*.
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have beenprepared in accordance with:
• and with*	✓	the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
• and with*	✓	the Financial Reporting Standard Ireland (FRS 102)		applicable in the United Kingdom and Republic of
• andwiththe CharitiesAct2011.

The charity constitutes a public benefit entity as defined by FRS 102.*				Yes
* -Tick as appropriate
1.2 Going concern
*If there are material uncertainties related to events or conditions that cast significant doubt on the* *charity's ability to continue as a going concern, please provide the following details or state "Not* *applicable", if appropriate:*
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful;
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
1.3 Change of accounting policy
The accounts present a true and fair view and t			he accounting policies adopted are those outlined in note { 1.1 }.
Yes*	✓	* -Tick as appropriate
No*

*Please disclose:*
*(i) the nature of the change in accounting policy;*				N/a
*(ii) the reasons why applying the new accounting policy* *provides more reliable and more relevant information;* *and*				N/a
*(iii) the amount of the adjustment for each line affected* *in the current period, each prior period presented and* *the aggregate amount of the adjustment relating to* *periods before those presented, 3.44 FRS 102 SORP.*				N/a

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

1.4 Changes to accounting estimates	1.4 Changes to accounting estimates	1.4 Changes to accounting estimates	1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes*		* -Tick as appropriate
No*	✓

*Please disclose:*
*(i) the nature of any changes;*			N/a
*(ii) the effect of the change on income and expense or* *assets and liabilities for the current period; and*			N/a
*(iii) where practicable, the effect of the change in one or* *more future periods.*			*N/a*

1.5 Material prior year errors
No material prior	year error	have been identified in the reporting period (3.47 FRS 102 SORP).
Yes*		* -Tick as appropriate
No*	✓

*Please disclose:*
*(i) the nature of the prior*		*period error;*	N/a
*(ii) for each prior period presented in the accounts, the* *amount of the correction for each account line item* *affected; and*			N/a
*(iii) the amount of the correction at the beginning of the* *earliest prior period presented in the accounts.*			*N/a*

----- Start of picture text -----
Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.2 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and Yes No N/a
• the monetary value can be measured with sufficient reliability. ✓
Yes No N/a
There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting or permitted by the FRS 102 SORP or FRS 102. ✓
Yes No N/a
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP). ✓
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to the Yes No N/a
grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP). ✓
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No N/a
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the ✓
charity or have been met.
Yes No N/a
Government grants The charity has received government grants in the reporting period
✓
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that Yes No N/a
donations and gifts gift and is treated as an addition to the same fund as the initial donation unless the ✓
donor or the terms of the appeal have specified otherwise.
Yes No N/a
Contractual income and This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions. ✓
grants
Yes No N/a
Donated goods are measured at fair value (the amount for which the asset could be
Donated goods
exchanged) unless impractical to do so. ✓
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
Yes No N/a
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised ✓
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
Yes No N/a
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from ✓
other trading activities'.
Yes No N/a
Goods donated for on-going use by the charity are recognised as tangible fixed assets
✓
and included in the SoFA as incoming resources when receivable.
Yes No N/a
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable. ✓
----- End of picture text -----

----- Start of picture text -----
Donated services and Donated services and facilities are included in the SOFA when received at the value of Yes No N/a
facilities the gift to the charity provided the value of the gift can be measured reliably. ✓
Donated services and facilities that are consumed immediately are recognised as Yes No N/a
income with an equivalent amount recognised as an expense under the appropriate
✓
heading in the SOFA.
Yes No N/a
Support costs The charity has incurred expenditure on support costs.
✓
Yes No N/a
The value of any voluntary help received is not included in the accounts but is
Volunteer help
described in the trustees’ annual report. ✓
Yes No N/a
Income from interest, This is included in the accounts when receipt is probable and the amount receivable
royalties and dividends can be measured reliably. ✓
Yes No N/a
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations
subscriptions and Legacies. ✓
Membership subscriptions which gives a member the right to buy services or other Yes No N/a
benefits are recognised as income earned from the provision of goods and services as ✓
income from charitable activities.
Insurance claims are only included in the SoFA when the general income recognition Yes No N/a
Settlement of insurance
claims criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other ✓
income in the SoFA.
This includes any realised or unrealised gains or losses on the sale of investments and Yes No N/a
Investment gains and
losses any gain or loss resulting from revaluing investments to market value at the end of the ✓
year.
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or Yes No N/a
constructive obligation committing the charity to pay out resources and the amount of ✓
the obligation can be measured with reasonable certainty.
Yes No N/a
Support costs have been allocated between governance costs and other support.
Governance and support
costs Governance costs comprise all costs involving public accountability of the charity and ✓
its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost Yes No N/a
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their ✓
usage.
Where the charity gives a grant with conditions for its payment being a specific level of Yes No N/a
Grants with performance
conditions service or output to be provided, such grants are only recognised in the SoFA once the ✓
recipient of the grant has provided the specified service or output.
Where there are no conditions attaching to the grant that enables the donor charity to Yes No N/a
Grants payable without
realistically avoid the commitment, a liability for the full funding obligation must be
performance conditions recognised. ✓
Yes No N/a
Redundancy cost The charity made no redundancy payments during the reporting period.
✓
Yes No N/a
Deferred income No material item of deferred income has been included in the accounts.
✓
Yes No N/a
The charity has creditors which are measured at settlement amounts less any trade
Creditors
discounts ✓
A liability is measured on recognition at its historical cost and then subsequently Yes No N/a
Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the
✓
reporting date
Basic financial The charity accounts for basic financial instruments on initial recognition as per Yes No N/a
instruments paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. ✓
----- End of picture text -----

2.4 ASSETS
Tangible fixed assets for use by charity	These are capitalised if they can be used for more than one year, and cost at least
	They are valued at cost.		Yes	No	N/a
					✓
	The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets	The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5		Yes	No	N/a
					✓
	They are valued at cost.		Yes	No	N/a
					✓
Heritage assets	The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4.		Yes	No	N/a
					✓
			Yes	No	N/a
	They are valued at cost.				✓
Investments	Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.		Yes	No	N/a
					✓
	Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments		Yes	No	N/a
					✓
Stocks and work in progress	Stocks held for sale as part of non-charitable trade are measured at the lower or cost or realisable value.	net	Yes	No	N/a
					✓
	Goods or services provided as part of a charitable activity are measured at net realisable based on the service potential provided by items of stock.	value	Yes	No	N/a
					✓
	Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.		Yes	No	N/a
					✓
Debtors	Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.		Yes	No	N/a
					✓
Current asset investments	The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as theyfall due.		Yes	No	N/a
					✓
			Yes	No	N/a
	They are valued at fair value except where they qualify as basic financial instruments.				✓

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE			N/a

Section C Notes to the accounts (cont)

----- Start of picture text -----
Note 3 Analysis of income
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 150 - - 150 -
and Gift Aid - - - - -
legacies: Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations - - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 150 - - 150 -
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 150 - - 150 -
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
----- End of picture text -----

Section C Notes to the accounts (cont)


Note 6	Analysis of expenditure
	Analysis	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prioryear
					£	£
Expenditure on raising funds:	Incurred seeking donations	-	-	-	-	-
	Incurred seeking legacies	-	-	-	-	-
	Incurred seeking grants
	Operating membership schemes and social lotteries
	Staging fundraising events
	Fudraising agents
	Operating charity shops
	Operating a trading company undertaking non-charitable trading activity
	Advertising, marketing, direct mail and publicity	173	-	-	173	-
	Start up costs incurred in generating new source of future income	-	-	-	-	-
	Database development costs	-	-	-	-	-
	Other trading activities
	Investment management costs:	-	-	-	-
	Portfoliomanagement costs	-	-	-	-	-
	Cost of obtaining investment advice	-	-	-	-	-
	Investment administration costs	-	-	-	-	-
	Intellectual property licencing costs	-	-	-	-	-
	Rent collection, property repairs and maintenance charges	-	-	-	-	-
		-	-	-	-	-
	Total expenditure on raising funds	173	-	-	173	-

Expenditure on charitable activities	Activity 1	-	-	-	-	-
	Activity 2	-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total expenditure on charitable activities	-	-	-	-	-

Separate material item of expense		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-

Other
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total other expenditure	-	-	-	-	-

TOTAL EXPENDITURE		173	-	-	173	-

----- Start of picture text -----
Section C Notes to the accounts
Note 10 Details of certain items of expenditure
10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If nothing
was paid please enter '0' in the appropriate box(es).
This year Last year
£ £
Independent examiner’s fees
0 n/a
Assurance services other than audit or independent examination
0 n/a
Tax advisory fees
0 n/a
Other fees (for example: financial advice, consultancy, accountancy services)
paid to the independent examiner 0 n/a
Section C Notes to the accounts (cont)
Note 24 Cash at bank and in hand
This year Last year
£ £
- -
Short term cash investments (less than 3 months maturity date)
Short term deposits - -
Cash at bank and on hand 933 956
Other - -
Total 933 956
----- End of picture text -----