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2023-12-31-accounts

The Neonatal Society Trustees’ Annual Report

for the period 1[st] January 2023 to 31[st] December 2023 inclusive

Charity name: The Neonatal Society

Charity registration number: 260349

Objectives and Activities

Summary of the purposes of the charity as set out in its governing document

The Neonatal Society was founded in 1959 to bring together scientists and clinicians with an interest in the fetus and newborn. The object of the Society is the promotion of Neonatal Science in any manner which now is or hereafter may be deemed by law to be charitable. The Society has a well-established track record of fostering new research by the award of prizes to leading young investigators, as well as a student research bursary.

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.

The Society meets three times a year bringing together scientists and clinicians with an interest in the fetus and newborn for the promotion of Neonatal Science.

Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit

The Society’s Trustees have regard to the guidance issued by the Charity Commission on public benefit.

Policy on grant making

The Society awards Student Research Bursaries up to twice per year, upon application.

These competitive grants are available for supporting medical or science students already registered for a higher degree, to undertake a period of laboratory, experimental or clinical research in an area relating to the fetus or newborn during an elective period.

The prize is for up to £500 and can be used for accommodation, travel and/or subsistence during this period. The successful student will be required to present their research either as a poster or oral presentation at one of the Neonatal Society meetings. The Research Bursaries are advertised on the Society’s website www.neonatalsociety.ac.uk

Achievements and Performance

Summary of the main achievements of the charity in 2023

The Society continued to promote neonatal science, holding three 2023 meetings bringing together scientists and clinicians with an interest in the fetus and newborn for the promotion of Neonatal Science.

It continued with the hybrid (i.e. on line and in person) format which enhances the reach of its activities as is accessible for those unable to travel to the meeting venue.

The Society welcomed online attendees from low or middle income non-members to its meetings, spreading neonatal science to less advantaged scientific and clinical communities.

It fostered new research by the award of prizes to leading young investigators, as well as a student research bursary.

In pursuit of its purpose to bring together scientists and clinicians with an interest in the fetus and newborn for the promotion of Neonatal Science, the Society’s 2023 meetings:

Spring Meeting: 10th March 2023
at the Royal Society of Medicine, London and online (hybrid)
Research presentations: 15
Keynote Lecture Professor Sam Johnson: Interventions to improve
neurodevelopmental outcomes in children born preterm
The McCance Lecture Professor John Cryan: The neonatal microbiome, gut,
brain axis: implications for lifelong health
Rising Star Annual Invited
Lecture
Dr Rebecca Gentek: The intrauterine environment,
immune development and health and disease in later
life
Summer Meeting: 29th – 30th June 2023
at the University of Bristol and online (hybrid)
Research presentations: 18
Keynote Lecture Dr Ronit Pressler UCL
The development and assessment of novel therapies
for the treatment of neonatal seizures
Keynote Lecture Prof George Davey Smith, University of Bristol
Strengthening causal inference in antenatal and
neonatal epidemiology
The David Harvey Fellowship
Lecture
Prof Jennifer Zeitlin Senior Research Scientist, INSERM
Paris
The future of federated research for improving the
health of children born preterm
Tizard Lecture Prof Caroline Crowther, University of Auckland
Antenatal magnesium sulphate for fetal
neuroprotection: building evidence from experimental
medicine, imaging, trials, and metanalysis
Young Investigator Lecture Dr Qian Yang, University of Bristol
Individual and joint effects of chronotype and sleep
patterns on pregnancy and perinatal outcomes
Autumn Meeting: 9th November 2023
at the Royal Society of Medicine, London and online (hybrid)
Research presentations: 13
Keynote Lecture Professor Serena Counsell, Kings College London
Brain development in babies with congenital heart
disease
Widdowson Lecture Prof Anna David, University College London
Establishing fetal surgery for neural tube defects in the
UK

The Society’s Annual General Meeting, open to all members in person and on line, was held on 9[th] November 2023 at the Royal Society of Medicine, and on line.

Financial Review

The charity’s financial position at the end of the period

At the end of the reporting period (31.12.2023), the Society’s financial position held at £62,281.34.

Statement explaining the policy for holding reserves stating why they are held

The charity’s members have agreed, via its the Annual General Meeting, that the Society may hold funds of up to £75,000 to support it to continue to meet its purpose of bringing together scientists and clinicians with an interest in the fetus and newborn in the promotion of Neonatal Science. Reserves are required to underwrite the Society’s scientific meetings to ensure that venue and meeting costs, chargeable in advance, can be met.

Amount of reserves held

At the end of the reporting period (31.12.2023), the Society’s financial position held at £62,281.34.

Explanation of any uncertainties about the charity continuing as a going concern

There are no uncertainties about the charity continuing as a going concern.

The charity’s principal sources of funds

The Society’s income is draw from members’ subscription, registration fees paid for relevant Society meetings and donations for attendance at the Society’s Summer Meeting.

Structure, Governance and Management

Governing document

The Society has a Constitution, as available on its website and in Appendix 1.

How is the charity constituted?

The Neonatal Society is an unincorporated association.

Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees

The Trustees of the Society are drawn from the Society’s officers, specifically the General Secretary, President and Treasurer and are selected by the Society’s Committee.

All the Society’s Committee Members are elected by the Society’s membership and are listed on the Society’s website.

Reference and Administrative details

Charity name:

The Neonatal Society

Registered charity number:

Charity number: 260349

Charity’s principal address

The Neonatal Society Co/ Professor Helen Budge Academic Child Health Nottingham University Hospital Queens Medical Centre Derby Road Nottingham, NG7 2UH

Trustee name Office Name of person (or body)
entitled to appoint
trustee (if any)
1. Andrew Ewer President Neonatal Society Committee
2. Helen Budge Treasurer Neonatal Society Committee
3. Christopher Gale General Secretary Neonatal Society Committee

Corporate trustees

There are no Trustees who are Directors as the Society is not a Corporation or Company.

Name of trustees holding title to property belonging to the charity

The Society holds no property and there are, therefore, no Trustees who hold title to property belonging to the charity.

Funds held as custodian trustees on behalf of others

There are no funds held on behalf of others

Names of staff members

There are no staff members

Declarations

The Trustees declare that they have approved the Trustees’ report.

Signed on behalf of the charity’s Trustees

Signature Full Name Professor Helen Budge Position The Neonatal Society Treasurer Date 13.10.2024

Appendix 1

The Neonatal Society Constitution

  1. The Society shall be known as “The Neonatal Society”.

  2. The object of the Society is the promotion of Neonatal Science in any manner which now is or hereafter may be deemed in law to be charitable.

  3. Membership is open to scientific workers who give evidence of being interested in the object of the Society, and whose professional careers are in major part devoted to neonatal science. Acceptable evidence of such interest shall be:-

  4. the presentation to the Society of an original research paper of acceptable standard, or;

  5. the presentation to the Society of an invited lecture or the Young Investigator’s Prize lecture, or;

  6. the presentation, by a co-author, of an original paper of an acceptable standard of research on which the applicant has acted as senior author and where the applicant has supported its presentation by attending the Society’s meeting at which the presentation takes place. The latter applications shall be limited to one senior author.

  7. Candidates for ordinary membership must be proposed and second by members who must send the candidate’s name and qualifications for election to one of the Secretaries at least four weeks before the next meeting. The Committee shall nominate candidates for election from the names proposed and seconded by members. The committee shall propose invited lecturers and Young Investigators to become members of the Society.

  8. Honorary membership may be offered to persons who have made notable contributions to the study of the newborn. Such persons, if ordinarily resident outside the British Isles, must also have read a paper before the Society. The names of those whom the Committee recommends the Society should so honour should be circulated with the Agenda for the Annual General Meeting. The rules of elections shall be as in Clause 4 (a).

  9. Nominations for Committee membership will be invited 3 months before the AGM. Voting for the President will take place using a secure electronic system and involve the entire membership. Other committee members will be elected by secret ballot of members of the Society at the Annual General Meeting.

There shall be a Committee which shall be elected by members of the Society. The Committee shall consist of a President, the President elect or the immediate past President, two secretaries, a Treasurer and 3 ordinary members. Membership of the Committee should ideally represent the full range of neonatal science with a balance between non clinical and clinical members.

intend to stand for election again. The General Secretary should notify members at the summer meeting

resident outside the British Isles. If the subscription of a member be more than one year in arrears, he shall cease to be a member.

  1. The income and property of the Society whencesoever derived shall be applied solely towards the promotion of the purposes of the Society as set forth in this Constitution, and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise howsoever by way of profit to any member of the Society. Provided that nothing here in shall prevent the payment in good faith of reasonable and proper remuneration to any officer or servant of the Society or the repayment of out-ofpocket expenses.

  2. The Committee shall take such steps as may be necessary to vest in the Official Custodian for Charities any investments from time to time belonging to the Society.

  3. The Society may at any time be dissolved by a resolution passed by a two-thirds majority of the members present and voting at a meeting of the Society of which at least 21 clear days’ notice shall have been sent to all members of the Society. Such resolution may give instructions on the disposal of any assets held by or in the name of or in trust for the Society, provided that if any property remains after the satisfaction of all debts and liabilities, such property shall not be passed to or distributed among the members of the Society but shall be given or transferred to such other charitable institutions having objects similar to the object of the Society as the Society may (with the approval of the Charity Commissioners or other authority having charitable jurisdiction determine.

  4. Notice of any proposal to amend or alter the existing Constitution, or to make new Rules must be sent to one of the Secretaries not later than six weeks before the next ensuing Annual General Meeting and, must appear on the agenda of that meeting in the form of a motion. No alteration shall be made unless two-thirds of those members voting are in favour. No alteration shall be made in Clause 2 of this Constitution without the approval of the Court or of the Charity Commissioners or other authority having charitable jurisdiction.

  5. The Interpretation Act 1889 applies for the interpretation of this Constitution.

Last amended 2013.

The Neonatal Society Trustees’ Annual Accounts

for the period 1[st] January 2023 to 31[st] December 2023 inclusive

Charity name:

The Neonatal Society

Registered charity number:

Charity number: 260349

Objectives and Activities: The Neonatal Society was founded in 1959 to bring together scientists and clinicians with an interest in the fetus and newborn. The object of the Society is the promotion of Neonatal Science in any manner which now is or hereafter may be deemed by law to be charitable. The Society has a well-established track record of fostering new research by the award of prizes to leading young investigators, as well as a student research bursary.

Charity’s principal address

The Neonatal Society Co/ Professor Helen Budge Academic Child Health Nottingham University Hospital Queens Medical Centre Derby Road Nottingham, NG7 2UH

Bank

Barclays Bank PLC

Trustee name Office Name of person (or body)
entitled to appoint
trustee (if any)
1. Andrew Ewer President Neonatal Society Committee
2. Helen Budge Treasurer Neonatal Society Committee
3. Christopher Gale General Secretary Neonatal Society Committee

Ordinary Members acting in the current year

Dr Kevin Goss

Dr Subhabrata Mitra

Professor Don Sharkey

Dr Gemma Sullivan

Professor Rachel Tribe

Professor James Boardman

Neonatal Society ‘Receipt and Payment’ Accounts for the calendar year 2023 Income and Expenditure

2023
INCOME
Subscriptions £10,230.00
Meeting Sponsorship £2,875.00
Bank interest received £17.45
Meeting registrations £13,078.77
Total income £26,201.22
EXPENDITURE
Meeting Costs (£25,977.02)
Student prizes (£637.25)
Website costs (*invoice for this period received and
paid in Feb 2024)
*
Total Expenditure (£26,614.27)
Net loss (£413.05)

Balance Sheet

2023
ACCUMULATED FUNDS
Balance at start of year £62,694.39
Loss for financial year (£413.05)
Assets at end of year £62,281.34

Declarations

The financial statements were approved by the Trustees on 20.09.2024 and were signed on behalf of the charity’s Trustees

Signature
Full Name Professor Helen Budge
Position The Neonatal Society Treasurer
Date 13.10.2024

Neonatal Society

Independent Examiner's report to the Trustees of the Neonatal Society for the year ended 31 December 2023

I report on the accounts of the Trust for the year ended 31 December 2023 which are set out above.

Respective responsibilities of the Trustees and Examiner

The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year under Charity Commission guidance on the Charities Act 2006 and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and an audit opinion on the accounts is not given.

Independent examiner's statement

In connection with my examination,

Signature
Full Name Professor Michael Symonds
Qualifications BSc, PhD
Address [redacted] michael.symonds@nottingham.ac.uk
Date 13/10/2024