RIAL Annual Report and Accounts The Helen Loewenstein Memorial Trust The year ending 31st March 2022 (Charity number 1181595) Page Contents 2-10 li 12 13 Trustees, annual report Independent examiner's report Receipts & payments account Statement of assets & liabilities Notes to the accounts 14 The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page I
The Helen Loewenstein Memorial Trust Trustees, annual report for the year ended 31 March 2022 Full name The Helen Loewenstein Memorial Trust Organisation Type Charitable Incorporated Organisation Registered charlty number 1181595 Principal address 22 Larwood Grove Nottingham NG5 3JD Trustees Aicha Daffé Carol Susan Mccormick Celia Jane Knight Charmaine Melissa Daley George Arthur Mayor Joseph Harvey Goodman, Treasurer Nicholas Robert Loewenstein Peter Loewenstein. Chairperson Philippa Mary MacKeith Roger Williams Stella Alys Louise Nickolay William Robert Badham luntil 21104/20221 Independent examiner John O'Brien, employee of Community Accounting Plus, Units l & 2 North West, 41 Talbot Street, Nottingham, NGI 5GL Governance and management The charity is operated under the rules of its constitution adopted 1610112019. When appointing new trustees, criteria are set by current trustees and, on that basis, known people are canvassed and interviewed if interested. Objectives and artivitie5 The object of the CIO is the advancement of education, for the public benefit, in particular but not exclusively, by making grants to trainee midwives in Liberia who would not otherwise have sufficient funds to undertake their training to become qualified midwives. Public benefit statement The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. 'Charities and Public Benefit,. The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 2
A year in which HLMT steadily moved forward The year from April 2021 to March 2022 was once again overshadowed by the Covid-19 pandemic. This limited the number of events we and our supporters were able to organise and affected midwifery training in Liberia too. The Helen Loewenstein Memorial Trust and its supporters nonetheless took many positive steps forward.. Four more midwifery students were offered grants to cover their fees and essential expenses at the Esther Bacon School of Nursing and Midwifery, bringing the total to 6 students receiving HLMT grants. This was largely down to the generosity of supporters Brilliant supporters continued to back HLMT with donations and standing orders, the lifeblood of the organisation Events run by HLMT and its supporters included a live music evening, plant and craft stalls, cake and biscuit sales. These raised over £4000 for the trust As part of our long-term sustainability strategy, HLMT invested its first £46,000 in ethical market shares. As investments grow, they will guarantee HLMT student grants each year HLMT redesigned an improved website and also launched social media platforms on Facebook, Instagram and Twitter Our online Et5y and Ebay shops have sold over £1750 of crafts and other merchandise, with many HLMT supporters producing cards, cushion covers, bags, bunting, lavender baES etc. HLMT Trustees have continued to do magnificent work, some attending seminars and meetings and others writing journal articles While on a private visit to Liberia in March 2022, HLMT trustees Pete Loewenstein and Stella Nickolay were able to meet and strengthen links with a range of key Liberian agencies, and were able to see first-hand the excellent work of both staff and Students at Esther Bacon. In total, we have also managed to raise over £28,500 during the year, thanks mainly to generous donations by supporters and friends, fundraising events and our online sales of merchandise. Details about all of this and more are in the report. Mission The Helen Loewenstein Memorial Trust's mission is very simple.. to support initial midwifery training in Liberia by making grants to cover course-fees and essential study expenses to student midwives who would not otherwise have sufficient funds to train to become qualified midwives. In order to achieve this mission, its key goals are.. to raise funds to pay for the grants through donations, standing orders, bequests, grants and events to fund the training of a small number of trainee midwives in Liberia, and to increase that number as funds and working arrangements with partners in Liberia grow and develop. The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 3
All of the Trust's endeavours and activities have been directed at achieving its mission and goals. Trustees- taking HLMT forward The Helen Loewenstein Memorial Trust has twelve trustees, who have worked as a united team to take forward the work of the Trust. The trustees have worked in the private, public and third sectors and bring a formidable range of skills and experience to the Trust. All of them have been actively involved in the work of HLMT during the year, organising and running events, making and distributing items for sale, making funding bids, developing website content, drafting policies and procedures and giving talks. The trustees have met four times via Zoom during the year to discuss and take forward the work of the Trust,. on 21st April (also the AGMI, 14th july, 29th September and 19th January. On a practical level the trustees have overseen the development of the HLMTwebsite,' circulated three newsletters to supporters and set up a supporters, database,. produced HLMT greetings cards and purchased Liberian artefacts and materials for sale. One wrote an article for the journal of the Association of Radical Midwives, others delivered and attended seminars on International Midwives Day in May, meetings of a Rotary Club in March. The chair and treasurer ensured that HLMT accounts were independently examined by Debbie Seaborne, who very generously offered to do this free of charge,. and submitted the HLMT annual report and accounts for 2020 to 2021 to the Charity Commission. They also set up digital account- keeping via Quickfire software, which enables Trustees to receive regular reports on the Trust's The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 4
finances. When Virgin Money Giving informed charities that they would cease trading in November 2021, trustees decided to move to People's Fundraising for HLMT'S online fundraising platform. Trustees continue to be supported by a very skilled volunteers, Alex Mottier, who has maintained and developed the excellent HLMT website that she set up, www.hlmt.org.uk,. Charlotte Christine, who set up and has developed HLMT'S Etsy and Ebay online shops Iwhich can be found at htt www.eba .co.uk usr hlmtrnerchandise and htt HLMTMerchandise l and Russell Taylor, who offered to coordinate and has developed HLMfs social media presence.. •dW.ets .com sho Facebook htt w%vw.facebook.com HLMemorial Instagram- @HLMT_Charity Twitter- @HLMT_Charity Supporters - our lifeblood From the outset, HLMT supporters have been the backbone of the Trust. Many of them have continued to make donations, sign standing orders, buy HLMT merchandise and attend online events. A couple of supporters have indicated that HLMT is included in their wills. Supporters who contribute regular monthly or annual standing orders ensure that HLMT has a regular income stream. Supporters also make craft products and merchandise, and staff a mix of HLMT stalls and events. The trustees would like to say a huge "thank you" to HLMT supporters and urge them to continue to support the Trust's work over the next year. Activities and achievements April 2021 to March 2022 a) Developments in Liberia - 4 additional students sponsored by HLMTI HLMT and the Esther Bacon School of Nursing and Midwifery IEBSNMI in Zorzor negotiated and agreed a Memorandum of Understanding in 2020. The first two midwifery students sponsored by HLMT, Aminata Sumanie and Suah Valai, began their three-year training course in january 2021. As a result of very generous donations by some HLMT supporters, we were able to support an additional four stLJdents in 2021-2022. In September 2021 a very thorough entrance-exam-and- interview process resulted in Bernetta Kesselly, Dorcus Akoi, Janet Davis and Victoria Ballah being awarded HLMT grants. The interview panel included Esther Bacon teachers and HLMT representative, Abdul-rahman Bah, a Liberian colleague and friend of Helen Loewenstein with a master's degree in Public Health from Nottingham Trent University. Huge thanks go to Abdul from HLMT for this selection work. The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 5
EREltNNIWKllI1 Plpi Dorcus Akoi Janet Davis Suah Valai and Aminata Sumanie The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 6
Benetta Kesselly Victoria Ballah Willimai Weetol-Geninyan, Director EBSNM The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 7
All the students met the HLMT criteria.. they had the appropriate academic qualifications and they required sponsorship in order to enrol on the midwifery course. All the students have indicated a desire to pursije their careers in the rural areas where they grew up, once they qualify. As a result of supporters, donations, HLMT will pay their tuition fees, accommodation, initial equipment and fees for their professional registration exam. We are receiving regular feedback on the progress being made by the students. We are delighted to report that, according to Esther Bacon reports, all six HLMT students are progressing really well. b) Events All the events organised during the year by HLMT and its supporters were really successful, and down to the hard work of those who volunteered to help run them. By way of illustration these three events demonstrate how funds and awareness of HLMT are raised. Plant and Craft Stall 17th April 2021 On a sunny day on 27th April, HLMT trustees Carol Mccormick, Charm Daley, Pippa MacKeith, Roger Williams and a number of brilliant supporters held a really successful stall. It attracted dozens of buyers and raised over £1500, sufficient to fund a trainee midwife's training fees for two yearsl 8UWtLINeTON AOAD IUPPO•TI. lllil An evening of live muslc HLMT organised a crackinE night of music on 27th November. Three bands - Ajar, The Strawberry Jammers and Lowered Tones- played three great sets with Nick Loewenstein doing a professional job on SOLJnd. On a raw cold night 50+ hardy supporters were treated to a night of high-c13ss, varied music. As a result a really good night was had by all and just over £700 raised. The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 8
I Iir,IWlli I vp w viyffir I I IUPPtsR ItyWIFE Cake Sale by Nottingham City Hospital Maternity Unit Staff, 7th December, 2021 Staff from the maternity team receptionists, doctors, support workers and midwives raised £438.87 for The Helen Loewenstein Memorial Trust. They contributed to the buying and selling of cakes, some paying £10 for a small cookie, in order to raise funds for the Trust. The staff all work in the maternity unit where Helen Loewenstein was a midwife for much of her midwifery career. The event was organised by Jennifer Ross and Steve Allen, facilitated by Sarah Daley, all of whom had worked with Helen. What a brilliant result for a one-day cake salel The amount raised sufficient to pav half a year's course fees for a Liberian trainee midwife. The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 9
c) Investing some HLMT funds to ensure long-term sustainability If HLMT were to simply spend all the funds raised on grants to students, within a very few years our funds would dry up and the trust would have to be wound upl In order to ensure that grants can continue to be made into the future, HLMT trustees agreed on a policy of investing a chunk of its funds in ethical financial market investments. The first £46,000 was invested in October 2021 with the aim of not dipping into any profits from investments for at least five years in order to let these grow. If, for the sake of argument, HLMT invests over time, say, £200,000 then at a rate of return of 5¥. (lower on our cautious ethical investments than high-risk open-market investments) HLMT will have £10,000 to use for student grants each year. This yearfs initial investment is the beginning of thi5 proces5. In the meantime, we will continue to rely on supporters, donations and events, etc. Having established a successful mode of operation in Liberia over the past two years, we are looking to support future students through grants from grant-making trusts. Trustee George Mayor agreed to head this effort, supported by a small grants team. Plans for the coming year The trustees plan to continue and build on the work of the past year. Our hope is to provide grants for further midwifery students at Esther Bacon, while continuing to support the existing six students. HLMT will continue to urge its supporters and others to make donations in various ways, organise and support activities and events 3nd approach grant-making trusts for support. As the grip of Covid lessens, the Trust will once again run a range of events and we encourage supporters to do likewise. Planned events include.. A Zumbathon fundraiser on 7th May A HLMT Plant and Craft stall on 14th May Singer-songwriter Louise Jordan, supported by Paul Carbuncle music on 28th May 7.30 p.m. an evening of wonderful Sherwood Street Market- HLMT stall on 20th August Ana Gonzalez running the Comrades Marathon155 mile511 in S Africa for HLMT on 28th August HLMT stall at the Nottingham Green Festival onllth September Boots Orchestra Nottingham - concert for HLMT on 19th November HLMT will work to develop and strengthen relationships with key Liberian stakeholders in order to steadily increase the number of Liberian trainee midwives it sponsors who otherwise could not afford to undertake their studies. Signed on behalf of the twstees of The Helen Loewenstein Memoriol Trust.. Date 20 May 2022 Peter Loewenstein- ChuiTrpetson The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 10
Independent examiner's report to the trustees of The Helen Loewenstein Memorial Trust for the year ended 31 March 2022 I report to the trustees on my examination of the accounts of The Helen Loewenstein Memorial Trust Ithe charity) for the year ended 31 March 2022. Responslbllltles and basls of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accountinE records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. 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. Signed Dote 2310512022 John O'Brien MSC, FCCA, FCIE Employee ol CommunltyAccountlng Plus The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to Mah 2022 Page 11
The Helen Loewenstein Memorial Trust Receipts & payments account for the year ended 31 March 2022 2021 2022 Note Receipts 19847 Grants & donations FuraisIng 898 Sales & fees 1110 Events and actiwties Sundry receipts 21855 Total receipts 21998 389 4249 1784 265 28685 Payments General Purchases 1052 Studentfees 100 subs & other subscriptions Admin expenses Insurances Purchase of investment Investment charges Promotional materials Student internriew expenses Event expenses 330 Accountancy 70 Sundry payments 1552 Total payments 2691 730 35 146 46000 750 34 180 10 50583 20303 Net receiptsl{payments} 42656 Cash funds at start ofthis period 62959 Cash funds at end of this period 121898) 62959 41061 The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 12
The Helen Loewenstein Memorial Trust Statement of assets and liabilities at 31 March 2022 2021 2022 Cash assets Bank accounts Note 62959 62959 41061 41061 Other monetary assets Prepayrnents- Insurance Investments 95 44570 44665 Liabilities Creditors- Independent examination fee 300 (3001 Thesefinancialstatements are accepted on behalf of the charity by.. Signed Date 20 May 2022 Peter Loewenstein- Chuirperson The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 13
The Helen Loewenstein Memorial Trust Notes to the accounts for the year ended 31 March 2022 1. Receipts & payments accounts Receipts and payments accounts cont3in a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand. 2. Grants & donations Gift Aid Sundry grants & donations 4705 17293 21998 3. Trustees, remuneration Trustees received no expenses, remuneration or benefits in this period. 4. Glossary of terms Creditors: These are amounts owed by the charity, but not paid during the accounting period. Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period. The Helen Loewenstein Memorial Tru5t-Annual Report and Account5 April 2021 to March 2022 Page 14