REGISTERED CHARITY NUMBER: 1181584
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2022
for
Maddie's Miracle
Ward Goodman 4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF
Maddie's Miracle
Contents of the Financial Statements for the Year Ended 31 December 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 13 |
Maddie's Miracle
Report of the Trustees
for the Year Ended 31 December 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The purpose and objectives of Maddie's Miracle are as follows:
1 - To advance the education of women, families and healthcare professionals in breastfeeding and its related factors: and
2 - To preserve and protect the mental and physical health and wellbeing of women through the antenatal, childbirth, postnatal and breastfeeding stages of motherhood. This is done through the provision of physical, emotional and practical support: and through education.
Significant activities
In 2022 the third sector had somewhat recovered from the hardships of 2020, however there were other crises such as the Ukraine war and Cost of Living Crisis. In terms of fundraising, these crises monopolised donor loyalty thereby impacting smaller charities and causes.
The trustees have had regard to Charity Commission guidance on public benefit.
Fundraising
In terms of our charity's income, we are very grateful to an anonymous donor who supported us with a transformational donation in early 2022 thereby allowing us to finally complete the conversion of the Breastfeeding Support Bus and to hire a freelance Trust Fundraiser. We recognise the highly significant impact that this donation has had on our micro-charity in enabling us to become more sustainable and bring us closer to achieving fiscal resilience.
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Maddie's Miracle
Report of the Trustees for the Year Ended 31 December 2022
ACHIEVEMENT AND PERFORMANCE Charitable activities
This year was our charity's third year of operations. We have achieved a full three years of establishing a fantastic track record. We have collected great feedback from beneficiaries showing the positive impact of our services.
The Trustees of Maddie's Miracle are very proud of the positive impact that the charity has in terms of maternal physical health and maternal mental health and the health of babies. We, the Trustees, are proud of the lifelong impact our support services make on the health and well being of the children and families we serve.
In November 2022 we launched our first Maddie's Miracle in-person group in Ramsey, Cambridgeshire. One of our Breastfeeding Counsellors, who has local knowledge and is embedded in the community, recognised a need for a drop-in breastfeeding support group. The feedback and outcomes from mothers, fathers, parents and babies attending the group was extremely positive.
Outcomes and Impact
We received great feedback from surveys conducted with mothers and parents who received support from Maddie's Miracle.
Beneficiaries said that support from Maddie's Miracle has boosted their confidence as a mother.
Beneficiaries said that their mental health has improved ; some stated that the improvement was in their long-term mental health - which is clearly a very significant positive outcome.
Beneficiaries said that they had felt reduced loneliness as a result of support from our charity.
Beneficiaries said that support from Maddie's Miracle improved the health of their baby.
Beneficiaries said that support from Maddie's Miracle improved the wellbeing of their baby .
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Maddie's Miracle
Report of the Trustees for the Year Ended 31 December 2022
ACHIEVEMENT AND PERFORMANCE
Expanding our Reach
We launched a Scotland-dedicated campaign to support more mothers and parents from Scotland.
Online Breastfeeding Support Group (Facebook)
The group continued to grow from its launch in 2020 and we were able to support many more mothers from England, Wales and Scotland. Mothers and parents received direct professional guidance from trained Breastfeeding Counsellors.
Dedicated One-to-One Zoom Sessions with Breastfeeding Counsellors (Zoom)
In 2022 we continued to provide video support sessions to mothers across the UK. To date Maddie's Miracle is the only charity that provides free of charge Zoom video sessions with Breastfeeding Counsellors on a national scale. Mothers are still stating that this support service is 'lifesaving' to them.
Breastfeeding Support Bus
In late 2021 we were able to start work on the conversion of the Breastfeeding Support Bus. The bus was officially completed in August 2022 after almost one year of dedicated work and four years of ongoing fundraising.
Local Support Groups
In late 2022 we launched our first local group in Ramsey Cambridgeshire. The group meets every Monday at Ramsey Library and provides support to local mothers, parents and babies.
Trustees and Leadership
In 2021 We expanded our Board of Trustees by welcoming Trustees such as Professor Amy Brown of Swansea University, Wales. In 2022 we expanded our board to include people working within the NHS perinatal team and with trauma-informed training.
Developing Networks
In late 2021 we developed new relationships with HomeStart across Scotland and in Dorset (England), as well as strengthened our existing relationships with breastfeeding organisations. In 2022 we became a member of The Breastfeeding Alliance and joined their national steering group. We joined the Hearts & Minds Partnership which is a community of local voluntary and community sector (VCS) perinatal mental health services.
FINANCIAL REVIEW
Financial position
During the year the charity had total income of £60,129 (2021: £26,923), the charity has spent £38,311 (2021: £20,619) resulting in a surplus of £21,818 (2021: £6,304). Resulting in the charity having £15,550 in the bank account at the year end.
The charity has free reserves of £ 3,018 (2021: £991) being made up of the unrestricted funds less the fixed assets.
Reserves policy
The charity currently holds £3,000 in reserves. The trustees are aware of the importance of a robust reserves base that provides security to the charity.
The trustees are working towards more sustainable fundraising solutions to increase our income that will in turn positively impact our reserves. As our unrestricted income increases we will prioritise the designation of a portion towards reserves.
FUTURE PLANS
The Trustees are focussed on becoming more sustainable, financially resilient, enhancing our systems and processes as well as improving our diversity.
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Maddie's Miracle
Report of the Trustees for the Year Ended 31 December 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Maddie's Miracle is a CIO registered with the Charity Commission on the 16th January 2019 and governed by its constitution.
Recruitment and appointment of new trustees
We expanded our Board of Trustees by welcoming Trustees such as Professor Amy Brown of Swansea University, Wales.
Trustees are selected based on specific skill set, knowledge, experience and expertise. Every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1181584
Principal address
Unit CE10 The Grainstore (C/O Wellness in Being) Shaftesbury Lane Blandford Forum Dorset DT11 7EG
Trustees
Mrs M L McMahon Ms R James (resigned 5.9.22) Ms S Marsden (resigned 23.7.23) Miss J Thompson Miss Z de Candole Miss A Brown Miss L Jeffreys (resigned 2.12.22) Ms V Henchy (appointed 13.11.22) Ms Z Marer (appointed 6.5.23) Ms A Coutisson (appointed 13.11.22) Ms S Camsell (appointed 20.10.22)
Independent Examiner
Ward Goodman 4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF
25 August 2023 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mrs M L McMahon - Trustee
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Independent Examiner's Report to the Trustees of Maddie's Miracle
Independent examiner's report to the trustees of Maddie's Miracle
I report to the charity trustees on my examination of the accounts of Maddie's Miracle (the Trust) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr I M Rodd
Ward Goodman 4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF
Date: ............................................. 29 August 2023
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Maddie's Miracle
Statement of Financial Activities
for the Year Ended 31 December 2022
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 40,128 20,000 EXPENDITURE ON Charitable activities Charitable Activity 29,935 8,376 NET INCOME 10,193 11,624 RECONCILIATION OF FUNDS Total funds brought forward 10,930 8 TOTAL FUNDS CARRIED FORWARD 21,123 11,632 |
2022 Total funds £ 60,128 38,311 21,817 10,938 32,755 |
2021 Total funds £ 26,923 |
|---|---|---|
| 20,619 | ||
| 6,304 4,634 |
||
| 10,938 |
The notes form part of these financial statements
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Maddie's Miracle
Balance Sheet 31 December 2022
| Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 8 18,105 - CURRENT ASSETS Cash at bank 3,918 11,632 CREDITORS Amounts falling due within one year 9 (900) - NET CURRENT ASSETS 3,018 11,632 TOTAL ASSETS LESS CURRENT LIABILITIES 21,123 11,632 NET ASSETS 21,123 11,632 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
2022 Total funds £ 18,105 15,550 (900) 14,650 32,755 32,755 21,123 11,632 32,755 |
2021 Total funds £ 9,939 2,559 (1,560) 999 10,938 10,938 10,930 8 10,938 |
|---|---|---|
25 August 2023 The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. M L McMahon - Trustee
The notes form part of these financial statements
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Maddie's Miracle
Notes to the Financial Statements for the Year Ended 31 December 2022
1. LEGAL FORM
Maddie's Miracle is a CIO registered with the Charity Commission on the 16th January 2019 and governed by its constitution. The principal address of the charity is as stated on page 2.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
These financial statements represent the first period covered by the charity following registration as a CIO and therefore there are no comparative figures to include for any figures stated.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles
- Straight line over 5 years
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Debtors and creditors
Debtors are recognised at the settlement amount due.
Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
continued...
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Maddie's Miracle
Notes to the Financial Statements - continued
for the Year Ended 31 December 2022
2. ACCOUNTING POLICIES - continued
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account
3. DONATIONS AND LEGACIES
| Donations Grants Grants received, included in the above, are as follows: Awards for All Wales Awards for All The Big Give Trust Garfield Weston Foundation Woodward Trust Rathbone Investments 4. SUPPORT COSTS Charitable Activity |
2022 2021 £ £ 27,644 6,923 32,484 20,000 60,128 26,923 2022 2021 £ £ - 10,000 20,000 10,000 3,484 - 5,000 - 1,000 - 3,000 - 32,484 20,000 Governance costs £ 900 |
|---|---|
5. EXAMINERS' REMUNERATION
Independent examiner fees were £900 for the year (2021: £780).
continued...
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Maddie's Miracle
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 16,923 10,000 EXPENDITURE ON Charitable activities Charitable Activity 10,627 9,992 NET INCOME 6,296 8 RECONCILIATION OF FUNDS Total funds brought forward 4,634 - TOTAL FUNDS CARRIED FORWARD 10,930 8 8. TANGIBLE FIXED ASSETS Motor Computer vehicles equipment £ £ COST At 1 January 2022 12,000 1,708 Additions 13,920 - At 31 December 2022 25,920 1,708 DEPRECIATION At 1 January 2022 3,200 569 Charge for year 5,184 570 At 31 December 2022 8,384 1,139 NET BOOK VALUE At 31 December 2022 17,536 569 At 31 December 2021 8,800 1,139 |
Total funds £ 26,923 20,619 6,304 4,634 10,938 Totals £ 13,708 13,920 27,628 3,769 5,754 9,523 18,105 9,939 |
Total funds £ 26,923 |
|---|---|---|
| 20,619 | ||
| 6,304 4,634 |
||
| 10,938 |
continued...
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Maddie's Miracle
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trade creditors | - | 780 | |||
| Accrued expenses | 900 | 780 | |||
| 900 | 1,560 | ||||
| 10. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.1.22 | in funds | 31.12.22 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 10,930 | 10,193 | 21,123 | ||
| Restricted funds | |||||
| Awards for All England | - | 6,632 | 6,632 | ||
| Awards for All Wales | 8 | (8) | - | ||
| Awards for All Scotland | - | 5,000 | 5,000 | ||
| 8 | 11,624 | 11,632 | |||
| TOTAL FUNDS | 10,938 | 21,817 | 32,755 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 40,128 | (29,935) | 10,193 | ||
| Restricted funds | |||||
| Awards for All England | 10,000 | (3,368) | 6,632 | ||
| Awards for All Wales | - | (8) | (8) | ||
| Awards for All Scotland | 10,000 | (5,000) | 5,000 | ||
| 20,000 | (8,376) | 11,624 | |||
| TOTAL FUNDS | 60,128 | (38,311) | 21,817 |
continued...
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Maddie's Miracle
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.1.21 | in funds | 31.12.21 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 4,634 | 6,296 | 10,930 | ||
| Restricted funds | |||||
| Awards for All Wales | - | 8 | 8 | ||
| TOTAL FUNDS | 4,634 | 6,304 | 10,938 | ||
| Comparative net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 16,923 | (10,627) | 6,296 | ||
| Restricted funds | |||||
| Awards for All Wales | 10,000 | (9,992) | 8 | ||
| TOTAL FUNDS | 26,923 | (20,619) | 6,304 | ||
| A current year 12 months and prior year 12 months combined position is as follows: | |||||
| Net | |||||
| movement | At | ||||
| At 1.1.21 | in funds | 31.12.22 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 4,634 | 16,489 | 21,123 | ||
| Restricted funds | |||||
| Awards for All England | - | 6,632 | 6,632 | ||
| Awards for All Scotland | - | 5,000 | 5,000 | ||
| - | 11,632 | 11,632 | |||
| TOTAL FUNDS | 4,634 | 28,121 | 32,755 |
continued...
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Maddie's Miracle
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 57,051 | (40,562) | 16,489 |
| Restricted funds | |||
| Awards for All England | 10,000 | (3,368) | 6,632 |
| Awards for All Wales | 10,000 | (10,000) | - |
| Awards for All Scotland | 10,000 | (5,000) | 5,000 |
| 30,000 | (18,368) | 11,632 | |
| TOTAL FUNDS | 87,051 | (58,930) | 28,121 |
Purposes of Restricted Funds
Awards for All Wales - Restricted to make the vehicle owned by the charity roadworthy and provision of online support services to Welsh mothers and babies.
Awards for All England - Restricted to service provision of breastfeeding support in Cambridgeshire.
Awards for All Scotland - Restricted for service provision of breastfeeding & perinatal support in Scotland.
11. RELATED PARTY DISCLOSURES
Overall some of the trustees have been paid a total £840 (2021: £650) for their work on the charitable activities and not for their roles as trustees.
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