DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 Charity number.. 1199712 Company number.. CE029766 IEn9land and Walesl British Association of Perinatal Medicine Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2024
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Contents Page For the year ended 31 March 2024 R8PDrt of the Trustees 1106 Independent Examiner's Reportto the TTuslees Slalement of Financial ActrlIeS Slalement of Financi41 Position Notes to the Financial Stslements 101018 Del8iled Statement of Financial Adi¥itie5 191020
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Report of the Trusteès For the year ended 31 March 2024 The Trust&s. who a also directors for the putwses of company law, have pleasu in presenting their report and the financial 818lamtnl8 for th& ch8ri18ble ¢omp8ny for the year endad 31 March 2024. Th8 TrLJ81888 hava adoptad tho proYlsion8 of AontIng and Reporting by Ch8ri1ies'. Ststemenl of Recommended Pr8¢11Tr 8pplicable lo Charities preparing Iheir accounts in 3¢wr(lan¢e with the Financial Reporhng Starbdard applicable in the UK and the Republic of Ireland IFRS 1021 leffeclive 1 January 20151. Principal Objectives and m$.. The Brill8h A880U81ion of Perinatsi medn8 was e818bll8had In 1976and 58 governed by its Trust Da6d la8 amendad by supplementsl deeds on 14December 19928nd 250¢lober 20011 and ils Constitution The Charity was first registere(l on 5August 1982, in accordance wilh the rules of the Charity Commission, and assigned Charity nu[ntr 285357. From 1 November 2022 BAPM became a Charitablo Incorporated Organisalion and moved all a8s&ls to 8 naw Charlly numbar 1199712. The Charity's aim is to improve standards of perinatal care by supporknng all those invdved in perinatal care lo oplimise their skills and owltdge, deliver and Sha hioh Quality safe and innovaliva practica. und&rtako rasa8rth, 8nd promot& th& neéds of babie8 and Iheirfamilies Reviwl of prin&pal activlle8 and d6vdopmerns for the public bgnefil.. The Trustees confitm that they have referd to the Charity coTnFniss'S general guidance on public benefit when revEwing the Charllls 8ims 8nd objecllvt8 and In plannlng fulura a¢tiv11168, and in partlcular how th& planned 8cllvilvdS wlll further 118 aims and oble¢lives for Ihe benefit of the public. The Charlly h88 8chleved this obJ"ective by proyldlng a range of 8Ctivlbes, working groups and education81 m&tings. The Trustees rovi8w the Ch8ri1ls princip818ims, objectives and aclivilies each year lo ansure Ihal the Charity rem8ins focusad on Ils 51aled purpose to improve standards of perinatal care by supporting all those invdved in perinatal care lo wtimise their skills and thowledge, d81iver and share high quality saf8 and innovativ8 practic8, undertake r858arGh, and wotnots the needs of babies and Iheir families. There were no 5ignrficant Changes lo Ihe main objectives and aim5 Of the Ch8rity during the year. The act5115 of the Charity have Irvxaased cOnderaY since ils inception. The slrataglc aims of the charily ara.. To help d81iver high qualty perinatal car8 To provlde support and advocacy for p8rlnal81 profassionals - To promote research and innovation in tkrinatal care To provid8 advoczcy for babies and Iheirfamilies Structure. Govern3n and Man8gernent Structure and Organlsation.. From 1 November 2022 BAPM became a Charitable Incotporaled OrgaTrisation governed by a constitution. It be noted that the arity was incowraiad on 19th July 2022 llegallY tht charilits optraiions did not movt ovèr until the d8lt d8lai16d abov&. Ttuslees Induct and Training.. The Charity has an open recruitment procedure for new Trustees. who are nomin8led from among the membership and eleded to office for a temi of three years al Ihe Annual General Meeting IAGMI. The Charity is encouraging policies and prOdureS for the inductirM and training of both naw and txisiing Tmste so thai Ihay Can familiarist th8ms8lvts with th8 Charity and Iht con16xI within which Il operates,. drawing the Truslees attentn to the Charity Commission website and publications signposled through the CommisS'S guide"Essenlial Trustee" TNslee5 Th& Trusts8s, who Std at Iht gInnIng and trnd ofth8 ytar are d*iail8d paga 4 oflhé 8nIs. The Ituslees recewed no remuneration or financial benefit during the financial period ending 31st March 2024 EXtive Committee.. Th& trant mtrmb8r8 of tha Extwb'v& Ctmmitt8t are li8tsd on a s•paral8 page undèr legal and administrativtr infomiation. Th& Executive Committee consists of the Trustees of the Association and Representatives elected from the membership. e8ch of whom holds Offi for a period of three years. The comrn1tt meets at least twice between each AGM. The day-tsFday management of the Charity has d81egaled lo the Chief Executive Kale DinddY. 1 of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Report of the Trustees Continued For the year ended 31 March 2024 Membership". embership is open lo anyone working in perin8tel c8re.' and fiew members no longer need lo be formally nomin81e(I by an exi51ing rnember of BAPM to join. In addition. other individuals contributing lo the advancement of perinatal m8ditxne are considered for rffdmbatship 8nd Iher8 is also a push 10 offer non-medi¢al membership to Suitab app11¢8nls. As al 31103124 BAPM had 2,310 m8mbers12023. 1,9851. Risk management. The TrJsieas hav8 condu¢tsd Iheir own rewewof tha major risks lo which Iha charlly Is axposed 8nd hava asiablishad syslams and controls lo mitigale those risks on an ongoing basis, ensuring that the Charitls ne$ 8re met and Ihal there 8re adequate resources to enab it lo continue its operation. Investment policy.. Thtr Charity h8s powers under its ¢oTrstilulion to make such invesknenls as th8 Ttustees see frt and which Tne81 th th8 requirements of Ils objectives and v8rious funds. The Trustees, policy Is to Invest funds and resee$ in bank deposits. The Trustees Consider Ihal Ihe rern on investments is satisfactory in the current econornic climate and very low interest rates Cfroperalion vilh other organisalions and todies (both tharilable and non-charitablel.. From lim8 to time, the Charty works wilh olh8r (xyanisaiions within parinatal médicintr lo dèlivtrr its obl1v•S when ¢mdérad necessary and In acc with its objectives. Mèthod of 8ppoinlrrb8nt of tru8tè88". The Charity has the powerto appoint new trustees in accordan with the constitution adopted when the Charity became a Charitable Incorpor8ied Organisation, in N0ve[nr 2022. Executive Committ.. Officers 8nd Represenlalives of the associalion Dr. E.Adams- present Dr. S.Wardle- Honor8ty Secrétary louigoin91 Dr. C.B8llersby- Honorary Secretsry lincomingl Dr. A.Jain- Honorary Treasurer Dr S.Oddia- Da Lead linumirwl s M.Mustsph8- Equality. Diversity and Inclusn Lead Dr R.Collum- Family Advocacy and Support Lead linMIng) Dr S.Balts- Qu81ily Lèad rs H.Cruicksh3nk- Representive lor Allied He8llh Professionals loutgoingl Mrs S.ClaTke- Represenlive forAllied Health Professionals linDJmingl Dr V.Hodgétts-Morton- Rtprts8niiv8 for BMFMS IEx-Officiol lincomin91 Dr T.Johnslon- Represenlive f¢K BMFMS IEx-Officiol loulgoingl Dr S.Narayanan- Representive for LNUslSCUs Mrs O.Houlihan- Reprtstrniive for Midwif8ry lincomingl rs L.Vleaver-LQv- Represenlive for Networks Mrs N.Anders- Represefitive for Nursing lincomingl Mrs D.Ke6ling- RpSeIlV* for Nursing and Midwifery loulgoin91 s C.Lee-Davey- Represenlive for Parents and Carers IEx-Officiol Dr K Pettinger Representive for Trainees and Students Prof J.Dorfing R&$tar¢h Lèad Dr L.Lavan- Safely L8ad rs T.Cr8ne- Staff Educati and Wellbeing Lead Chlef Exa¢Jllve." Mrs Kala Dinwiddy 2of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Report of the Trustees Continued For the year ended 31 March 2024 h#1$ roport sl8i&manl of Trusta6s' ro4)on8ibllllies The Trustees are responsible for preparing the Trustees, report and the accounts in accordance with ChaTities Act 2011 and Unllad Kingdom Generally Accapled Acwunling Practl¢&. The Charities Act 2011 requires the Trustee5 to prepare accounts foreach financial yearwhich give a true and falr vi&w of Its financi818Clivi1188 durlng tha ytar 8nd of its financi81 positn ai the end of Ihe year. In pres&nllng Ihose accounts. they are required to.. 8elaJ suilaN& 8¢counllng poIIu&8 and ihan apply them con8lÈleniiy.- - observe Ihe method$ 8nd principles in the Charities SORP FRS 102.. make judgements and estimates that are reasonable and prudent.. follow aPIcable UK acGounling standards and th8 Charities SORP FRS 102, disd05ing and explaining any deprlJres in the accounts,. and prepare the accounts on the going conTrm basis unless it is inappmpriale lo do so. The Trustees are responsible for mainl¥ining proper c¢ounling records which disclose wlh reasonable accuracy at any lime the finanual position of the Charity and to enable them lo ensure that the accounts compty th the Chariti@s Act 2011 and vth th8 requir8menls of the Staternenl of Recommended Practice Accounting and Reporting by Charities.. sl*lemenl of recommended practitr appluble lo ¢harilies prep8ring their accounts in accordance wlh the Financial Reporting Standard apICable in the UK and Republic of Ireland IFR81021 leff8Ctiv@ 1 January 20151- Charities SORP FRS1021. th8 Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. Thay are also responsible lor s8feguarding the assals of th$ Charity an he for tsknng reasonable slep5 for the prevention and detection of fraud and other irregularities bedeS the above responsibilitiès. This report Was approved by the trustees on Affth August 2024 OBJECTIVES AND AcTIVlEs Obiectivgs and aims Th& Imsl8&s h8v& ¢onÈidared tha Charity CoMmisn.8 guKJanca on Publ b&n8frt, including guidan¢& 'public b&n6fil". mnning a Charity IPB21'. FINANCIAL REVIEW Th& S18t&menl of Flnan&al Ac1th116s show8 tha summarisad wsulls for Iha yaar for tha separatsly desKJnalad funds. both unr6Stricted and restricte(l. 11 needs to ba notod that the 2023accounling paricKJ covarad tha parlod from 19July 202210 31 Marth 2023, follo%Mng BAPM'S incorporation as ¥ charitable incorporated org8nisation in July 2022. Tol81 incoming rasource8 amounted lo £426,594 and tha total resources axpanded amountad to £408.954rasulllng Sn a net surplu8 of £17.640. which has been transferred lo the 8¢cumulated funds This h8s rasullad In a £16.432in¢r&8se in unrastrlcted funds for year. dua lo a nal incraasa in Sncom& aftor deducLitr) of all expenditure.. while reslricled funds. which includes net furKls f(Y BAMNFU la BAPM special inleresl group) has risen by £1.209for Ihe year. The inwming reSoue$ for subsuiplions, donations and gift aid for the period ending 31 March 2024 was £160.273. Vvhere 8LJbscrlplion$ 8re racaivad in advanct for the year an LJn&xpired portion is d&ferrtd lo the next year. The subscrfptions per annum rem8ined as follows.. Consull8nt £135. Trainee £80, NurselANMPIAHPI FY Doctorlother £50, fully retired txofessionals £25, Sdent Ifull-time bachelor-level students only) free and ParentINnatal Graduate free. Incomes from events and conferen5 amounted lo £133.454 In88 earrb8d froTn other activi1188 related mainly lo swnsors and exhibitors 1£118,3931. Thère is a continual review of the SpOns$hIp policy. as part of Ihe On9n9 alhical framework. Th@ incotne was mainly used for salaries, offic8 acc(xnmodation and general adtninislrative expenses and tr> finare th• varu3 aduc811on81 events, meetings and other 8¢tivllles of tha chaty. BAPM delivered 3conferen8 during th8 finan(xal year an Annual ConfererKe (Sep18tntr 20231 and two Spring cferenCeS (April 2023 and F8brJ8ry 20241 cosllng £244.340. In addition, BAPM d81iver•d educational £10 for non-mÈmbÈrs. webinars. wlh free ac85 for BAPM [nbe[5 and n(xninal charg8 3of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Report of the Trustees Continued For the year ended 31 March 2024 Resee$ Rese8 wlicy. The Trustees review the Charitys reserves policy at regular IntealS during the yearand gfterc0nsideratn of the annual financial slalemenls and the budgeted projections of income and expenditure. The trustees are satisfied that the current level of reserves is adequale 10 meel both unforeseen ¢onlingen¢ies and the cosls of the developmenial activiiies planned for Ihe next Iwollhree ye8rs. If? order lo maintain the current level of reSepS. the Trustees are continuing lo balance increased investment in the organisation a98inst incoTnt. The incoming resources 8r8 being used lo fiD8ncè the various activities Ènd administration costs, which include Staff and support costs, governartt and slralegy costs. The available attumJlatsd unrestricted furhd Is £204.511 12023.. £188.4391 Thtr Charity hag rtrsiri¢t8d funds, n8fflaW Iht Library Fund, Pètèr Dunn l Foundats Léctu Fund 8nd BAPM Spetri81 In16r8St Group, BANNFU. Thtr accumulatèd BANNFU Fund 18 £6.843 18 8v8i18bltr for gènèral sts incutrad for BANNFU at ptssent Ihere has only been minimal expenditure on receiving this inme. Thtr accumulat8d Library Fund of £44,566 18 availablt for Iht upk88p and archiviny systèm for p8rinaial library and lo further the obiectsves of the Charity. This fund h8s rrel the oYerhe8d and 8dminislralion costs for the library. Thtr Ptr16r Dunn l Found8rs LÉ¢turè Fund of £43,167 is us6d 10 ¢OV8r Iht èxp8ns6s oflh8 $ak8[$ delivers the Founders Lecture and Peter Dunn lecture each year al the Annu81 Conference. Thtr Ptitrr Dunn l Found8ts Lecture Fund arosè from donations r6¢8iV8d from Prof8s$or Pe18r Dunn to tsiablish 8n annual perinatal lectureship I'The Peter Dunn Lecture"). The terrns are that the lecture should be given 81 Ihe Annual Conference of the Charity on a perinatal theme and that the speaker should rotate between the Executive Committees of the British Maternal and Felal Medicine Sociéty, thé Neon8181 Nurstrs Associat, th8 Royal Collèytr of MKJwivts and th8 Charity. Th8 fund is 10 bè used to Covtrlh expenses of the person who delivers this lecture and for other suth simir a¢li¥itses al the disClI0n of the Charity. The level of the funds Is considered adequ8le for this purpose. REFERENCE AND ADMINISTRATIVE INFORMATION Name of Charlty Charlty r•g1$irnoTh numbor Company Te9iStration numbpr Prfnelpal address Brits"sh Assotyabon of Perin8181 Medicine 1199712 CE029766 5-11 Theobalds Road London WC1X8SH Twu¥teps The Iruslees 3nd officers seroing during the year and since the year end were as follows.. Dr. S. Wardla (Ended.. 11 September 20231 Dr. E. Adams Dr. A. Jain Di8ne Keeling (Eiidal.. 11 September 20231 Dr Cheryl B8ttersby Hilary Cruickshank (Ended". 11 S8pl&mbar 20231 Louise W88v&rlow8 Dr Sankara Narayanan Dr Jon Dorling Dr Katherine Pettinger Tamsyn Crane oriam Mustsph8 Dr Louise Lewen 4of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Report of the Trustees Continued For the year ended 31 March 2024 Olitria Houlih8n (Appointed.. 11 September 20231 Natalle Anders (Appointed.. 11 Seplambgr 20231 Dr Rachtl Collum (Apwinled." 11 Sepletnber 20231 Sara Clarke (Apwinled." 11 September 20231 Dr Sam Oddie (Appointed.. 11 Sepleml)er 20231 Dr S Bales (Appointed.. 11 September 20231 Independent examlners Beach Accounlanls Limited Charterad Car[d AccoJnlants 10 Blutr Sky Way Monklon Business Part South South Tyneside NE312EQ Bankers HSBC 196 Oxf Street Lorvjon W1D 1NT C8P81icks so1110[$ 77183 Richmond Road London SW152 Approved bythe Board of Trustees and signed its behawby Or A345eTfjKB4D&.:.......... ............ ...... 30 August 2024 Dr. A. Jain 5of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Independent Examiners Report lo the Trustees For the year ended 31 March 2024 I raport lo the Iruslées on my axamination of the acwunls of the ¢harSiable company forthe yoar ended 31 March 2024. Responsibllltles and bas15 Qt report As the charity Trustees, who are also directors for the purws88 of company law, aré responsib18 for thtr prtrparaiion of thé artounis in attordantr with the requirements of Ihe Comp8nies Act 20061'lhe 2006 Acl'l. Having satisfied mys81f that thè acix)unts of th8 C(PanY ar8 not required lo be auditèd und@r Part 16 of th8 2006 Act and ar8 eligible for Independenl examination, I report In respect of my examination of your charills 8ccounts c8rried out under section 14501 the Charities Act 2011 Ilhe 2011 Act'l In carrying OLrt rny examination I have followed the Directions given by Ihe Charity CommisSn under s8Ction 14515llbl of th8 2011 Act. Indèwndoni oxamlnèrs Sm¢nt sin the Charitabl@ companls gross incotne exceeded £250,000. your @xamin8r musl b8 a rnernber of a body listed in s8Ction 145of the 2011 Act. I n[imI that 1 8m qualifisd lo undertaka the ex8minallon by vlrtue of my mfrmbershlp of which Is one of tha 1Ssled bodies. I have complalad my axaminaiion. l Confirm that no matiers hava coma io my atlanti In conneclbn wllh the oxamlnalion givlw me cause lo believe that in any material respect.. 1. a¢tIng racords were not kepi in rospacl of th& Company as requlred by Sa10 386 of th& 2006 Aci.. or 2. the awounls do not aword wilh those records.. or 3. the accounts do not Gomply with the r8quirem8nts of s8Ction 396 of the 2006 Act other than any requirement Ihatthe accounts give a'lrua and falr viw4' which is noi 8 m811$r considar8d as part of an indapandenl axaminallon.. or 4. the awounls have not been prepared in accord8nTr wlh the methods and principles oflhe Strlemenl of Recommended Pr8¢1i¢e for accounting and reporting by charities appliGable lo charities preparing their accounts in acGordance with the Financial Reporting Stsndard applica6 in tha UK and RapJblic of Ireland IFRS 1021. I have rbo concerns and have corne across no other matters in connection with the exarninalion to which attent Shou be drawn in thls repori in order to anable a propar unders18nding of the accounts lo be r8a¢hed. &rtV4 giL . ETT49DD5DQc... . Beach Accounlanls Limited Chartered CerbfEd Accountants 10 Blue Sky Way Monklon Business Part South South Tynesid@ NE31 2EQ 30 August 2024 6of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine ststemenl of Financial Activities lincluding Income and Expenditure Account) For the year ended 31 March 2024 Notss Unrestricted fund Restricted lund¥ 2024 2023 Incom• and •ndowm•nts from.. DonStiS and legacies 160.273 133.454 126.643 758 160.273 133.454 131.063 1.804 353,671 795 Other trading activities Investments 4,420 190 273 Totsl 421,128 5,466 426,594 354,929 Expondlturo on.. Raising funds Charitsble activities 15,4121 1326,1221 173,1631 1404,6971 15,4121 1330.3791 173,1631 140B,9541 14.2571 148,9371 121,8671 Other expenditure Total 14,25n Net Income 16,431 1.209 17,640 281,806 Rètontlllatlon of funds Total fund5 brought forward Totsl fund$ ¢8thod forn8rd 188.440 93,367 281.807 204,871 94576 299,447 281,806 7of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 Registered Number.. CE029768 British Association of Perinatal Medicine Slalemenl of Financial Position As al 31 March 2024 Not•¥ 2024 2023 Flx•d ass•ts Tangible assets 12 1,000 1,000 1,000 I,QOO Current asset5 Debtors 13 17,801 370.375 28,559 313.006 Cash 8t bank and in hand 388,176 341.565 Credltors.. amounts falllng due thIn one year 14 189,7291 160,7591 Net current assets 29B,447 280,B06 Totsl as59ts less ¢urrgnt liabilities 299,447 281.806 Net a588ts 299,447 281.806 The fvnds orthe charY Reslricled income funds 15 94.576 93.367 UnréslriJed income funds 204.871 188.439 Total fund8 299,447 281,8fy6 For the year andad 31 Marth 2024 th& company was anld lo exempllon trom audll undor section 477of U)e Companlas Act 2006 relating to small companies The members have not required Ihe comp8ny to obtain an audit of its accounts for the year in question in accordan wilh secti 476. The tru81•è8 acknowledgt Ih&ir rtsponbililitÈ for wmplyino with Iht requ1MnI8 of th& Act with raspecl to 8cwuniin9 r8¢ords and Ihe prepaption of accounts. These accounts have l)een prepared in actord8n with the provisions 8pplicable to companies subject lo the small companies. regime. The financial statements were apkyoved 8nd aulhorised for Issue by kne Board and wgned on its behalf by.. Dr. A. Jain TNslee 30 August 2024 8of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes lo the Financial Statements For the year ended 31 March 2024 1. A¢¢ountlng Poll¢l$ Basls of accountlng Tht financial siaieTntnt$ h8Vt batn pparad undtrthe historical ctsi convéntion, tX¢8Pl for inv8stmtnls which are induded al market value and the revalu¥lion of ¢ert8in fixed essels and in ¥c¢ordan¢e with the Cherilies SORP IFRS 1021'Attounling and Reporting by Charities". Statement of Recommended Practice appIable lo charities preparing their accounts in accordance with th8 Financial Reporting Standard spplicable in the UK and Republic of ltsland IFRS 1021 leffeclive 1 J8nu8ry 20151.. Financial Reporting SL8nd8rd 102 the Financ1 ReportAng Stsndard 8pplicable In the UK and Repu1¢ of Ireland IFRS 1021. and Ihe Companies Act 2006. British Assoty8tion of Perin8ts1 Medicine meets the definition of a public benefil enlily under FRS 102. Assets and li3bilities 8re initially recognised at historical cost ortransactn value unless 01henSe stated in Ihe rdevant accounting wlicy nolel51. The Iruslees considerth81 Ihere were no m8lerial uncertainties about the ¢haril8ble companls 8biltiy to continue as a going COnr. The trustees do not considerlhal there are any sour5 of UnrtainlY at the reporting date Ihal have a significant risk of C8U8ing a material adju81tntni itr the carrying aloUnt8 of ss818 and Ik¥bililies within the next reportiry period. Funds Unrestricted funds are incoming resou5 reDiable orgenerated for lhefurtheran ofthe objedives ofthe Charity wlhoul a $P8cified purpose 8nd ar8 availab18 as 98neral funds. Resourcès expènded whith Iheae Critsria are tharg8d 10 th6 funds, iogether with a fair allocation of sl8ff end support costs Restricted funds are used lor the speufic purposes 18id down by the donor or spon50r Resources expended which meet these criteria are charged to the funds T4xaY4) The Charity is exefflpt from taxation on ts tharitable activities, as it is a registered charity. Tanglble flxed assets Fixed assèts are sia18d ai cost16S8 8ttuTnulatéd dèpréciation. Depreciation on tangib18 fixed asstts is provid8d ovèrthre• ytrars to len years on 3 slr8ighl-line basis in uder to write off the cost ol each asset over Iheirexpecled useful lives. Debtors Debtors are recniSed atthe setmemenl amount due 8fter albwing lor 8ny discounts and as per the terms agreed Prepayments are valued atthe amounts prepaid for services and accxued incorne are valued atthe amounts due per terms agreed and Ihere is c•rt8iniy of recèipt. Ponsk*ns The Charify oparaies a dafflnad Contribution pansion Scheme. Conlrlbulions aro ¢hargad lo the profil and loss accounl as they become payable in accordan wlh the rules of the scheme. The Roy81 College ol P8edi8tri¢s and Child Health, thI¢ is 8 registsr8d charity urbder nuttr 1057744 administers the pension 8chem8 On tha of th8 charity. Income and interest receivable and volu1eT costs Income is re¢ognised In the period when the charity has enlillement the funds. 8ny performance conditions alL8ched lo the income have been met. it is probable that the income will LE received and Ihatthe arnountcan be measured reliably and is not dtrftrrred. Income reiVed in advance of the [KoViOn of a StC1fied service is deferred until the criteria for income recognition are met. Income comprises of funds received from members subscriptions. sponsors and exhibilors. don8ts"ons. events and ¢onleren¢es. trainees, and other meetings.. and are induded either as unrestricted funds and used for general PUTpose5 of the charity or restricted fundsfor the putwsé specifi by the donor. Th@y are r8¢0gnised in the Slalement of Financial Acti1183 in thé period. The value of ServIS prOded byvolunleers has not been included. Investment Inre Is included in the SL8iemenl of Finarrial Activities in the period In il Is receivable. Intérèst on funds hekj in bank 8ccouTrI Is ITrGlud8d whèn rÉ¢eiv8b18 and thè amount c8n bé mtrasutsd reliably bythe charity." this 1$ norm8lly upon notificati) of the interest paid or payable by the bank. 9of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 Expenditure and allocation ol support cost8 ExpendIre incurred is rectynised in the period once there is a legal conslruclive obligation to make a payment lo a Ihird paty. It is probablt that satum8ntII bt r8quired and Iht amount of th8 obli9alion can b8 m8a$ur8d r8li8bly. Expendilure includes attributable VAT which ¢8nnot be recovered, is dassified under following activity heading. Costs of raising funds relate to the costs incurred by the charitae company in including third part18S to tnake vdunlary ¢onlribullons to it, as wall as th& cost of any a¢Uvillas wSlh a fundraislng purposo and IheSr assoclaied suprN)rt costs. Expenditure on charitable activities includ8 th8 costs of charitable activiti8S that is undertaken to further the purpose of the charity and Ihair assoclatod support Costs Expfrndiluro Is allocatsd 10 the particul8ralYity whare tha cost re181e$ dir8cUy kn thai activity. Both staff and support costs have been alloc81ed to each activity per accounting policy note below (see note 7 for allocation) Allocallon of staff and sJppon Costs". Thes@ ar8 tnanagem8nt and administration costs and comprises expendilur8 not directly attribulab18 to th8 gen8ra18d funds. charItab or fund ralsing activlti&S of the Charlly. bul ralala lo furth&ran¢e of the ¢h8rily's obledivas. Thay Ih&r&fcé allo¢aled to the relev8nl catsgory of resources expended based on es1im8tss of the time devoted lo each aclivily. Other a¢Unting policies Cash al bank 8nd in hand.. Cash at bank and cash in hand includes bank balance kept in curr@nl and deposit aoUnt. CredittY5 and pro¥i5ions'. Cradllors and provlsions 8r8 recognlsed where the charity has a present obllgalion resJlllng frcm 8 pasi eveni that will probably result in the transfer of funds lo a third paty and the amount due to setlle the oblig8tion ¢8n be measure(l or eslimaled reliably Credit(S and provision are normally recognised at their settlernenl amount afteralbwing for any discounts. Fin8ncial instruments.. The ¢h8rily only has flnan¢i81 assets 8nd flnan¢i81 li8billli&s of a kind Ihal qJaiifi&s as bas1¢ flnan¢i81 inslrumonls. Bas fln8nclal instruments are initially recognise(l * transaction value 8nd subsequendy measured 81 their amorknsed costs cr1¢*1 a¢¢ounting astsmales and lJdgamenis'. There are no sunificant areas ofjudgeFn8nt or key sources of estimation uncertainty arising from th8 preparati( of accounts. 2. In¢omofrom d4)n8llon$ and 1og•¢l•$ 2[124 2023 Unrestrlcted funds Sub%cription8 reIVed Dunation receIvj 159,101 1.172 64,144 285.271 Grfts aid 4.256 160,273 353,671 3. Incomefrom charitable activities 2024 2023 Unrpstrictgd funds Events. meetings and ¢onferenGes Income from charitae actiwilies 133.454 795 10of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 4. Income eamed from otheracti¥ities Unro$trl¢tod funds R8$irl¢i•d lund5 2024 2023 Sponsors and exhibitors BAPM Speci81 Interest Group BANNFU 118.393 118.393 4,420 4.420 Other activities for 98nerating funds 3 8,250 8,250 126,643 4420 131,063 5. Invostm•nt Incomo Llnre5tricted fund8 Restricted lunds 2D24 2023 Bank interest r1Vable 758 1.804 273 75 1.046 1,804 273 8. Costs of chatabl+ actlvlU•s byfund typ• Unro$trltt@d funds Ro$trl¢t lunds 2024 2023 Raising funds- other activities Even15. meeting5 and conferences Members, services 5.915 4,257 10.172 2.634 243.980 243,980 17,300 19,424 17.557 19,424 17.&57 8,650 Other meetings AdviTr and information 5.066 19.608 19.638 19.608 19.638 8.391 6.896 Support Costs 326,122 4257 330,J79 48,937 11 of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 7. Costs of charitable activiknes by activity type 2[124 2023 Actlvttles undertaken dlredy Raising funds-othor activities Raising funds- olher 8clivilies Staff cosls- wages & salaries Prèmisés Costs 4.257 5.915 2,634 850 354 Insuran¢& 24 Cotnpuler c05tsAYebsitè Bank charges 189 71 226 18 11,461 3,086 Events, meetlngs and conferences Staff ¢osts- wages & salaries Prtmi8•8 COSIS 38.849 17,300 5.580 2,325 Insurance 180 61 Cotnpuler costsAYèb8itè 1,242 466 Bank charges Annual Conferer- even15 cotnpany, venu@ 8Trd catering Annual cOnfer- marketing & photography Annual Conferer- tra1 and 8c¢oTnTnodati Annual dinner 1.486 118 86.922 1.218 305 3.795 Tr8inees meeting- even15 cotnpany, venue and catering Trainees meeting- travel and aGCOtntntKJati 112.481 411 2S2,449 20,270 M•mbors' s•NI¢os Staff eosts- wage5 & salaries Premises costs 19.424 8.650 2.790 1.163 Insurance 80 31 Computer c¢stshtheb$ite B8nk ch8rgt8 G8nerÈl administrativé cogis 621 233 743 23,659 10,136 Other meetings Oihor meallws Staff costs- wagès & $alari&s Premises costs 7.197 453 10,360 1.488 43 4,613 620 Insurance 16 Computer costslweb5ite B8nk ¢h8rges 331 124 396 32 19,815 5,858 Advl¢o and Infomiaiion 12of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 Advice and information 4.069 1,471 Staff costs- wages & salari&s Prémises costs 15,539 2,232 84 6,920 930 Insurance 25 Computer costslwebsite B8nk ¢h8rges 497 186 594 47 22,99S 9.579 BAPM Spo¢1al Int•ro$t Group BANNFU Other Support Costs 330,379 48,937 8. Analysis of support costs 2024 2023 Management Other Support Costs Govornan¢• ¢o$¢s Premises ¢y)sIs 13.578 5.fj58 In$Jr8nce 3fj5 140 Compultr co8isth46btÈ 2.833 1,Oe2 Bank tharges General adrninistrative Costs 3.389 25 270 General admlnSslrallve costs 190 71 Bank charges General adfflinistrative Costs 18 20,606 20,606 7,236 13of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 9. Stsff C(t8 pmolurn?nts Tot81 stsff costs for Ihe year ended 31 March 2024 wwe.. 2024 2023 Salaries and wages Social security cosis Pensiw co$15 129.496 48.229 13.584 4,914 11.W6 4.522 154,986 57,665 2024 2023 FTE'S Number of employees 2024 Bandlng of payment¥ 60,0(K)-69,999 10. Tru$t$o remunoratlon and r$lat•d p•rtytrsn$8¢llons There are no disclosable reirnbursemenls lo Iruslees in Ihis financial period All amounts reimbursed In Ihe year to Iruslees related lo wsls fu fulfiling their duties as trustees 14of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 11. Comparatfve for the Statement ot Flnancial Actlvltles Unr8sirl¢i•d lunds Ro$ffi¢tsd funds 2023 Incor and endowments from.. Donations end Ia¢1e$ 260,759 795 92.912 353,671 795 Other trading sdiwlies Investmen18 190 190 273 273 Total 261,554 93,375 354,929 Exponditufft on.. Raising funds Charitable 8ctivilies 148,9291 121.8671 172,7751 148,9371 121,8671 172,7831 Other expenditure Total Net Income 188.779 93.367 282.146 Total funds carried foNard 188,779 93,367 282,146 12. Tanuiblefixed a8setS Llb*ry Presidential B¥dg8 o$1 or valuotlon Ttstsl At 01 April 2023 Al 31 March 2024 12,514 1.000 13.514 12,514 1,000 13,514 Depreciation Al 01 April 2023 12,514 12,514 At 31 Mah 2024 12,514 12,$14 N•t book valu•s At 31 March 2024 1,000 I,QOO At 31 March 2023 1,000 1,000 13. Debtor5 2024 2023 Am4)ytts wlthln ono y••r'. Trade debtors 13.357 Prèpayments and accruèd incomt Other debtors 4.444 4,209 24.220 17,801 28,559 15of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 14. Creditors.. amountslalling dup within one year 2024 2023 Other credittKs 14.670 11.533 Atttuals and dafétred incoma 75,059 49,226 89,729 60,759 15. Mov•mont lund$ Purpose of unre5trfcted Funds General This fund represents Incoming resources re*ivable orgeneraled for the furlherance of Ihe obie¢li¥es of the Charitywithoul a specified purpose and is available as general funds for anyof the Charills purposes. ovtrhèad 8nd Staff costs in 8ccord8nt• th ils ctrn8tilu1M. R•¥irl¢W Fund$ Balancè at 0110412023 Incomlng re50urce5 Qutgolng resources Balanc• at 3110312024 BAPM Speu81 Interest Group BANNFU Library Fund Thè Peter Dunn IFounders Lecture Fund 5.615 13,2681 6.843 45,062 42,690 493 19891 44,566 477 43,167 93,367 5A66 14,2571 94,576 Restrlcted Funds. Prevlous year Balance at Incoming resources Outgoing rg8ourcg8 Balance at 1910712022 3110312023 BAPM speal In18rest Group BANNFU Library Fund The Peter Dunn IFounders Lecture Fund 5,623 5.615 45,062 45,062 42,6 42,690 93,375 93,367 16of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 Purpose of restricted funds Libr8ry Fund This fund represents an exndable endowTnenl arising from the ¢8pitsI sums received and Irealed as donations and also the cumulative inler8sI arising from Ihal Gapilal. This fund is being accumulated by the Charity in accordance wllh the intentn of the donor lo establlsh 8nd mainialn ihe Dunn Perln818l Library established in January 2012 Th$ fund is lo b8 used for ralaled expanses tor Ihe m8inienan¢e and preserv8ts.on of Iha collecti. Permission was received in 2022 to also use the funds towards educational activities and the Peter Dunn Student E853y Competition and Peter Dunn Annual conferen Prize were tun in 2023. The Peitr DLJnn IFoundtts Laclure FLJnd This fund represents an extkndable end(rnent arising from the capital sums received and Irealed as donations and also th8 cumulative inl@r8sI arising from Ihal Gapilal. This fund is being accumulated and used by the Charity in accordance with the Intention ol the donor lo remunerate individuals who give lectures at the knnu81 Conference of the Ch8rily in accordance with his wshes BAPM Special Inl@rest Group BANNFU BAPM holds funds on behalf of BANNFU, a special interest group of BAPM memberswith an interest in nèurodevaknpmenl follow-up in nèonalas. Incomt of £4,496 was o¢8iv8d in Iht y68r. Exp&ndilura from the fund Is used lo pay for BANNFU expenses such 8$ sludy days 8nd meeting expenses. This fund rapres$MÈ an 6xndable tndovmtnl arisin9 from monias received. This tund is bain9 U8ad by the Charity in 8¢cor(lan¢e with the intention of the funding tK)dy lo meet the qu81ifying expenses of BAPM Special Interest Group BANNFU. 17of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Notes to the Financial Slalemenls Continued For the year ended 31 March 2024 2023 INCOME AND ENDOWMENT Members. and corporate $Jbscriplions Donations 159.101 1.172 e4.144 285.271 4.25e Gltt aid recefrrfabla 160,273 353,671 Charitable actNities Income from tharilab18 activities (Events, me81ings and conferences) 133,454 795 133N54 795 0th8rtrading activitie5 Sponsors and 8xhibilor8 Income from BAPM Spe?1 Intere51 Group BANMFU Incomè from Olh8r activilitrs 118,393 4.420 8,250 190 131,063 190 Investments Bank interest reivae 273 1.804 273 Totsl Incomlng resources 426,594 354,929 EXPENDITURE Raising donations and legaci•s Donations 14,4441 11,9791 14,4441 11,9791 Charftable actfvitles Cost of direct charitable actiwty IRaising funds- Other aciiwliésl Cost of direct charitsble adivily IEvents, meetings and conferens1 Cost ol direci ¢haritsble activity Imambers, saryicasl Cost of direct charitable actitY Iolh8r meelingsl Cost of direct charitsble activity (Advice 3nd information) 12.6341 1243.9801 I17.3Cl 119.4241 18,6501 15,0661 18,3911 119.6081 1310,7411 142.0411 Othor Reporting attntants, fees Truste8s' Indemnity insurancè Staff and support costs Executive comTni118fi tneelings dir@(I costs and support costs Executive comrnittee meetings staff costs 13.0531 11,8721 17201 11fj,8921 11.2301 164.9211 15651 12.7331 11.1531 173,1631 121,8671 SUPPORT COSTS MAnag•m•nt Management IBAPM Spe081 Interest Group BANNFUI 18of20
DoGusign Envelope ID". 46E2278D-131544D1-A8A1-6D7E5D068CE4 British Association of Perinatal Medicine Detailed Slalemenl of Financial Activities For the year ended 31 March 2024 Gov•rnAnc• costs Governance costs (*vetnanc@ costs (Raising funds other activi118sI Go¥eMan¢e costs (Events. meetings and Conferen5) Govemance cosis (Members. services) ¥eMance costs (Other meetings) Ikvamance cosis IAdvi¢a and infomalionl 19681 11,2891 8.4691 13401 14521 12,9701 14.2351 12.2581 13.3871 11,4861 17921 11,1881 120,6061 17,2281 Total resources oxpendod 1408.9541 173.1231 Net Income 17,640 281,806 19of20 This page d[S not frKm part of the stalutory financial slalernenls