THE ASSOCIATION FOR PT-NATAL ILLNESS FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 BOYDELL & CO ClicirterLII Accountaiits 146B Chisii'ick High Road LoiiLlon W4 IPU Registereil Chariti. iiumber.. 280?10
CONTENTS Report of the Trustees Ini'estment policy statement Accountants report 10 Statement of financial actiiiities li Balance sheet 12 Notes to the accounts 1.3_18
THE ASSOCIATION FOR POST-NATAL ILLNESS ANNUAL REPORT OF THE TRUSTEES LEGAL AND ADMINISTRATIVE DEfAILS ThL' Association for Post-Natal Illness is an unincorporated association, and its GoiTerning Document is its Rules adopted on 30 June 1980. The A$CIatIOn obtaineLI charitable status unLler Section 4 of the Charities Act 196A) from the Charity. Commissioners on 4 August 1980 under registration number 280JlO. Registered office- Isl Floor Fulliam Park House IA Chesilton Roacl Fulham Lonclon SW6 SAA Bankers: CAFCASH Ltcl Kirigs Hill West Mic Iling Keiit ME19 4TA HSBC Bank PIC 593-599 Fulham Roacl Londoii SW65UA National Westminster Bank PIC 67 High StrL>et Seirenoaks Kent TN13 IJY Investment Manager: Ailaiii and Conipillll, 40 Priiices Street ELliiibui'gh EH2 2BY Auditors.. Bos'clell & Co Statiitori, Auclitoi'.s aiiLI CliartereLI Accountants 146B Chism'ick High Roail Loiii4on W4 IPU
THE AS5(KlATION FOR POST-NATAL ILLNESS ANNUAL REPORT OF THE TRUSTEES CONTINUED Ob'ects of the Association The relief of woiiien suffering from post-natal depression or conditions of sei'ere or prolonged depression or related illness arising from pregnanc), which threatens their mental or phj'sical liecilth or emotional stcibilit), anLI the promotion of research into Post-natal depression or illness anil tlie dissemination of the results thereof. Review of Activities The Association's current membership comprises 392 l'olunteers anLI 22 clepressed mothers receiiying supp()rt. There arL, 829 paiLI up menibers of the supporters, scheine. During 2023, 29 mother.8 became ivell agatn and no longer needed volunteer support. The Ass(Kiation offers support ilia e-mail ancl phone. The Association receii'es between 2-6 letters per week along with 6-12 phone calls per week and 20 e-mails per week. This actii'it}' depends on publicit}, in the rnedia. During tlie )'ear there were 46 people who useil the liiFe Chat facilit!, M'e offer. The APNI lias 1,461 folloTh'L'rs on liistagrani anil our Facebook page has 1,800 folloivers. Siobhaii posts oli tliese sitLs5 and the posts are cheering and positii'e. Roger Delpech ii'rote the Autuinii 202.3 new51etter tl)at was sent to our members. TEie office is staffeLI bi, Siobhan Merrifielid, Jenni. Weeks, Alice Hutton an£1 M<irgie Siiiith. Alice Hutton iloes all the bookkeeping for tlie charit!. aiid contacts the Just Gii'iiig doi)ors. JLiin)' Weeks has been unwell anil ivas aM'a}' for meLlical treatnient froni March until the autuinn. The staff can remotel}, access the APNI email and ansNI'er tlie phone. Since the office inoiTe staff are niore often working in the office. Diane Nehme works from home. Office Move In Juli, 2023 our office ivas moi'ed from 145 Dawes Road to Fulham Park House, Chesilton Street, London SW6 SAA. This is a bright first floor of(ice in a suite of otlier offices. The oEfice is Ear L]uieter than our preiiious office so it is easier for tlie stafE to hear phone calls etc. Mr and Mrs e's Charitable Settlement A ri'port on thL) actiiiities of the chariti, oi'er the prei'ious 11 inoiitlis Ni'as niaile to tlie Pl'e Trustees in niid DeceinbL'r. This Ni'as acknoMFleilgeil bi. the Trustees. APNI has agreeil to make ,In ciniiual report to the P}Te Trustees ei'er), }'ear in DeceInber. Mr Graham Christo APNI Investments During thL !'Lar ive hai'e receii'eil foiir pai'nieiits of £lO,tK)O froiii the liii'estiiieiit Coinpcl111,. Tliose pi(ii'niLnts ii'ere at tlie eiid OE Nqarch. Julie, kpleiiiber aiiLI Deceliiber. These suins <ll-L) thls niaji)r source ofr" inconie for the cliarit).. herP eLe ac
THE ASSCKIATION FOR PT-NATAL ILLNESS ANNUAL REPORT OF THE TRUSTEES CONTINUED Cam ai n to increase Mandato GP visits for new Mums In Noi'eiiiber 2023 ive M'rotL to tIIL Rt Hon Mclficl CciulfiL,Id NIP, Uniler Secretar), of State for Mental Health and Women's Health Strateg},. to request that the government pa)TS GP'S to proviile two half hour post-natal appointments for eireryr nem, rnother. We have askeLI the MMHA to support this request. Dr Vick}' Farrow has written to the Chairman of the RCGFS to request that they also supp()rt this campaign. In the light of present difficulties within the NHS, funLled care for new mums ma}, be one of the onl J, Iva)'s that man}y will receiiie earl). treattnent for serious niental and ph}Fsical problems. This Carnpaign is ongoing. The D ers, Com an Charitable Trust In March 20?4 WL receiiieLI £2,500 froni the D)'ers' Compans, Charitable Trust. We are ver}, grateful to The Worshipful Compan3, of D}iers' (or this ver}, generous donic tioii which is an increased amount from the £? 000 kinLllI' Ilonated last l'ear. We are so thaiikful for the generous support OE The D}'ers' Compan}, which has assisted our work for maii), }rL)ars. In Memor Donations Mr DaviLI Harnblett gaiie £22) in memor}, of his iiTife Sheila Haiiiblett who M'orked for APNI for Inan}, }'ears. onsorea Events AslilL'igli Fishcr raiqell £875 b3, running in the Milton Ke5'nes Marathon iii Ma),. Li5cl Clic rk conipleted thL, Yorkshire 3 Peaks Challenge antl raised £598 Eor us. Heiili Mclrtini-sniith rcin the Burnham-on-SL'a Half Marathon iii OctolRr, slie raised £567 for us. Brittcll)!, Marriott raisecl £14 running a half Marathon. Laura Best dill 100 Burpees aiid ran .1 inilLss ii'ith cl Ii'eightL'd i'LSt. Laura raiseil £1,456 for us. Th<liik }iou to all these Eantastic. generous people M,ho hai'e raiseLI monei, for APNI, ofteii b}, coiiipleting amazing personal challenges. orters Scheme lii aiitLllI)11 2023 Ni'e sent a letter to Supporters sas'ing thic t Mpe uiiclerstood if the}, cliil Iiot feel able to niake their anniial ilonation of £? due to the great incre<15e iii tlie cost of lii'ing. response our generous Supporters donated tlie ma5siire suni vf £8,723 from OCtor 2023 to tlie encl of Januari, 20?4. Ainong tliese generou5 peoplc. Robert and L3'netle Craig clonateil £1,500. Mi'.$ Angela Crockatt gal'e £iOO, Martin aiiil Christine Keiffer gal'e £200, Julie Vile <lncl Blackrock matching funding gal'e £1,476, Mrs Eileeii Blc)ocl LV{II'e £100. Tim Gutcli gTI( I'L. £100, R. ALlcock gaiie £100, F. Eustace gal'e £200. SLlSaii Arimstrong gaire £, V. HciiiilliL'I't()11 LTcllT ' Mi's Eli7.abeth Pol'ser gal'e £100, Alan ancl Dcincltella Dicksoii gal'e £3(M) J. WhLL,ler gaiie £i(M), Sian ancl Paiil RicharLlson gal'e £lOO. Mr B. ChclPPL'rlin gyai'e £50. Mrs Miriaiii Niclio115 gal'e £)0, W. Neale gai'e £50 J. NL)ii,bui'i' gy(II'e £50, M. Tucker gal'e £?0. J. McLaughliii gal'e £?80 aiid TiEf<ini, WhitL.IIL',icl gai'L £100.
THE ASSOCIATION FOR PT-NATAL ILLNE ANNUAL REPORT OF THE TRUSTEES CONTINUED Covenant Donations Man), of our Llonors gil'e a monthl!, amount and haile been loyal supporters of the work of the Association for )'ears. We are deepl}, grateful to these donors for their highli, I'alued regular support. These donors inclulle Emnia Stabler, Dr Jennifer Barna, Juliet Mahrous, Jeff and Li7. Robinson, Stephanie R!,land, Stella Giblett, Mrs Angela Crockatt, ElizabLth DaLth, Eli£abL'th Ta)'lor, Ton!, Churchill, Alison Wilson. Pamcla Smith, Hilar}, DalL. Luc}, Gibson, Mclttliem. Ei'an5. 5. RhnLles and Jill Vonberg. Fundraisin Rc)bTer DelpL)ch has continuecl to appeal to charitable Trusts on Eehalf of APNI. The Association IS I7er}' grcltLful to Roger for his M'OTk in tliis compL'titilFe field. Website develo ment Duriiig the siininier Miith the help of a l'oung adl'isor, Miss Grace Caldw'ell, we rei'iseL1 the website and it M'as redesigned bi. Richard Hindle of Webwax to be more sinart phone friendly. The content desigii was altereil so tEiere is iiom, a 'Neeid lielp iioiv, option as man}, wonieii contact us when tliei. feel desperate and this inust be aLlclressed. At tlie sanie tiiiie inan!, OE tlie pages oli the ii'ebsite Ni'ere brought up to date and re-written. The new, slte became lii'e in August 2023. Web Site TIIL NfL'b %ite has been bus!, during the l'ear. Total i'isits to tlie site during 2023 were 14,729. ThLre werL 21,0(X) P<igYLS iyieweil. The most popular pages are the booklet Post-iiatal depression aiiil NeeLI Help Nom,. Of the people who reach the site 6,147 caine directl),, tlies, ma!, be return I, ji)MrL'rs, 1,844 catnc) N'ia an Organic search siich as Google, 1,156 came bi, Referral from anotliei. sitL anLI 118 caiiii i'lci Social iiieilia siicli as Facebook etc. TIIL, Wc'b sitL is iipilcltLLI ii'ith special in(oriiiation ii,Iienei'er possible particularli, tlie lioine Pcl6Fe. Fuiiilric isin&y ei'ents aiiil photograpKs of ei'ent participants are posteil oli tlie M'ebsitL.
THE ASSCEIATION FOR POST-NATAL ILLNE ANNUAL REPORT OF THE TRUSTEES CONTINUED HMRC No repcl}'ments w'ere applieLI for, nor receii'ed, during this financial period. We receive Gift aiLI on ilonations made via Just Giiiing. Publications Our publications numbers are now improi'ing. We are tr)'ing to encourage woinen who contact U5 to allow us to send them our PND K)klet which includes helpful information and tips for suEEerers. The Bab Blues and Post-natal De ression The Bab}, Blues leaflet was aLlI'ertised in Midwiiies magazine tii'ice Lluring the )iear in Jul), aiicl October. In the )'ear from 1st April 2013 _30tli March 2024 we sent out 18,000 copies of this publiccltion free mainly in quantities of I,O(M) copies. The publication is MTell receiveLI. Grahani C. P e's Leaflet Pro ect 2023-24 This l'ear the project has funded two adi'erts and thL printing anLI distribution of 18,000 Bab}, Blues leaflets at a cost of Adi'erts £1.600 Printing ancl postage £3,229 a total cost 0£ £4,829. Post-natal De ression Ver}, few copies of this publication haiFe been sent out and M'e are finding tliat our clients are not keen to receiiFe printetl material eiten IA,hen il is cost free. Publicit On 28th March 2023 Moll}, Mae Hague posted a i'ideo about Postnatal depression on Instagram anLI Yoiilube. Tlie conirersation about this i'icleo continued ii'ith APNI taking part until April 2023. Meetin s attended b APNI staff On Iiili lune Liz Wise Ivas a guest speaker at Hone}'combe Coininuiiih, Care coiiference at EilgLiware anil Heni4on Reforni Si'n<igogue" M'e receii'ed a £1,000 cloncilic)ii Eroni tlie si'Liagogue as li'e ii'ere iioniiiiateil b!, oiie of our iiolunteers Cai'c)le Biiiish (15 beiieficiar!, of tlieir High Hol!.da!. Appeal. 011 14111 Juiie Alice aiiil Margie attencleil an MMHA menibers ineeting. 011 22 Julie Sioblian atteniled a ineeting at the RCPsi'ch. 011 11th Sepit Alice attenileLI an online MMHA ineeting.
THE ASSOCIATION FOR PT-NATAL ILLNESS ANNUAL REPORT OF THE TRUSTEES CONTINUED STATEMENT OF TRUSTEFS, RESPONSIBILITIFS Charit}, law requires the Trustees to prepare financial statements for each finaiicial }Tear which give a true and fair iyiew of the state of affairs of the Charit!, and of the result of the Charity Eor that periocl. In preparing those financial statements, the Trustees are required to- select suitable accounting policies and then appl}T theni consistentl}, make jULlgements and estimates that are reasonable and prudent state w,hether applicable accounting standards hai'c. en Eollom'ed, subject to any material departures iliscloseil and explaineLI in the financial statenieiits; aiid prepare the f inaiicial statemeiits on the going concern basis uliless it is iiiappropriate to prL¥sunie thclt the Chcirit}' M'ill continue in business. The Trustees (ire responsible for maintaining proper accountiiig records ivhich disclose with rLlcisoiiable accurac}, at (ins, tiine the financial positlolls of the CharitlT ancl to oiiablc> thL)m to Iisure that thL financial stateinents cc)tnpli' ii'ith the Charitie5 Act 2011. Thc}' are also rLSPC)iisiblL fc)r safeguic riling the cissets of tlie Charit), aiiLI lieiice for takiiig rc'asoiiciblL? Stc'ps for tlie preiyentTon anil detection of frauLI and other irregularities. The Trustees have adopted Financial an¢1 Operational Procedures to PTOI'ide guideliiies lo Trustees Mpith i'egaril to Inclllc1gemL)Ilt, contrc)I clnd reporting on the quarterli. performance of the APNI. Tlie Trustees aro rL)sponsible for the mciinlenancc) anLI integrit!. of the Chariti, ancl finaiicial inforniation iiicluilL'Il on thL Chic rit} s wL,bsite in ciccorLlance M'ith legislation in tlie Uniteil Ki1]gLI0]ll goi'Lrning thL prLparation anLI clissemination of financial stalL)rnents. Ec1clI of tlie persons who is <1 Trustee at the date of approi'al of this report coiifirms that, so far as c'ach TrustL'L' is awarL", thorL' 15 no relei'ant ¢lCCOUlltai)ci' infoi'mation c)f ivhicli thL' Charit5 S inilLpendLnt examiner is unclii'arL, and thc Trustees hai'e takLii all tlie steps that tliL)' ougylit to haiie tciken a5 Trustees in oriler to makL) thc>mselires am'are of ani. relc)I'ant accountanci, inforniation cinLI to Lstciblish that the Charit) s inclepentlent examiner is aware of tliat information. Tlie BoarLI unclertake5 regular skills auLlits in order to iLlentifs' SYrlPS. Potential trustees are tlien iLIL'iitific'il cillLI <ippfc)<lcheil. All prc)spectii'e trustc'es arL' inten'iL'WL'd b), thc. Cliair ivhL) tlIL3n Incikes recoiniiienclcltions to tlie full Board. The APNI BoarLI Tru.8tees hai'e the OiTerall Icgal responsibilit), for the Charit), incluLlii)gy the genL'ral control anLI tnanageiiient of tlie ailiiiinislrcltioii of tlie Cliarit!,. Tlie org<illi8ation hcl5 a nianagernLI)t tecini ILCI bi, the Trc'lc surei. li() Icike clcll, tu Llcli, respc)nsibiliti, for all aspcctq of opLratlOl)¢i1 IlLliiiers' of Ilie Charit! s wioi-k. APNI'S Treic surer is respoiisiblL' fc)r HR ai)cl Lnsuring that its policiL'S ai'L rc'i'iL)ii'ecl i)n ci i-e&Tiilcir basis b), tlie BoarLI. All Triistees on appointment are issuecl ii'ith informatioii relatiiig to tlie liistor!, of tlie Charit!, anil poiiited to its policies anil procellures. Trustees are also issued w'itEI a cop}, of "Tlie Essential TrLlStee informcltion proi'ideLI b!, the Charit), Coiniiiission. On behalE of the TrLlStees IIYui( ifrlumL 1119 / 2024 Diane Nehiné 5ccretari'
THE ASSOCIATION FOR POST-NATAL ILLNESS INVESTMENT POLICY STATEMENT Introdtiction 1.1 Tlie Association for Post-natal Illness is an unincorporated association, anil its GoiierniLig Docunient is its Objects anil Rules aclopted on 30 June 1980. The AssociatlOLi obtained Charitable status under Section 4 of the Charities Act 1960 from the Cliarit}' Commissioners on 4 August 1980 uniler registration numiEr 280?10. 1.2 The financial object of the Association is to fund its iyork offering atliiice, support and inEormation to women who suffer from post-natal depression. 1.3 TEie Trustees will llelegate clecision making relating to ini'esttnent inatters to Tlie AsSOCLation Chairman anil Treasurer plus one other Trustee adi'ised b), the Ini'estment FunLI Mic nager. Investment Objectives 2.1 The Association seeks to procluce the best financial return M'ithin an acceptable inedium leiiel of risk. 2.2 ThL investment objective for the resen'es IS to generate a retUTn of inflatioii plus 3 /0 per ,Iniium oi'er the long terin, after expenses. This should alloiii the Association to at least niaintclin the real value of tlie assets aiiLI to produce an incorne for the organisation. Attitude to Risk -3.1 TEie ke}, risk to tlie value of the assets of the Associatioii is inflation. Tlie assets slioulLI be ini'ested to initigate this risk oi'er the long term. The Trustees understand tliat thi5 IS likel}I to mean that investment will concentrated in real a55ets and tli<lt the capital iralue ii'ill fluctuate. 3.2 A55ets The Association's assets can be ini'ested M'idels. and should be diiTersified b!, asset class and b}, securit),. Asset cla55es could include bonds, equities, propert},, priiTate LyUit}' .Ind commodities and cills, Otlier asset tliat Is d&med suitable for the charit),. The Association will retain some assets as Re5eri'es Ivhich can be easil}, accessed iii a Deposit Account with Ch<irities Aid FounLlatioii. Sciine of these Asset5 nia}' be ini'ested in slioit term funds i'la CAF Chariti. Deposit Platform. Tliere iiia!, not be aiii, iiii'estnient in <ini' coinpcini, ini'oli'eil M'itli tlie Lqei'L,Ic)piiiieiit oi- Iroiluctioii of piharliiaceutical proLlucts as this ii'ould conflict i¥'ith tEie A55ociatioii's Objects anil Riiles. 3.3 Currenci, Tlie base currenc), of the ini'estnieiit portfolio is Sterling. Liqiiidity Requirements 4.1 Incoine Eroin the reseri'L's ii'ill be paicl to tlie cliarit}' in quarterli, an)ounts of £1 0,000 aiii, extr<i incoiiie cali go to increase the assets of the Associatioi). 4.2 An!. assets rei]Liireil b!. Tlie Ass(Kiation for Post-iiatal Illness Il'ill be paicl onli, iiito tlie Curieiit Accouiit of tlie chariti,.
THE ASS(KIATION FOR POST-NAT AL ILLNESS INVFSTMENT POLICY STATEMENT CONTINUED Time Horizon 5.1 Following withilrawal of the quarterl}, income pa}'Li)ents, it is anticipated that in most ITears no further reserves will need to be realised. Ethical Investment Policy 6.1 The AssociatlOLi has adopted an ethical inirestment policy to ensure that its ini'estments do not confiict with its Objects and Rules. It is hoped that the Iioung woinen ivho are giiieii Support will go on to liiie long and health!, IjiFes. 6.2 The Association's ethical ini'estment polic!, precludes dirLYt or indirect ini'estmeiit in con)panies that have an}, connection with the prolluction or sale of phariiiaceutical clrugs. 6.3 The Association's ethical ini'estment polic). preclutles direct or indirect iniTestnient in an), form of nuclear generated energy or the building of nuclear power plants. 6.4 The Association's ethical iniFestment polic), precludes direct or inclirect ini'esttnent in an}, biisiness based iii Chincl, Russia, Japan or North Korea. Tliis rLlates to the i'iolation of huinan rights in these couiitries. Management, Reporting and Monitoring 7.1 The Associatioii has appointell Atl¢im and Compani, to manage the funds on a (liscrctioiiar}' basis, in line ii'Lth tlie inirestment polici,. The Association lias iioniinateLI a list of authorised signatories, three of which are reLiuired to sigii ani. instructioiis to the investment manager. 7.2 The inirestment manager ii'ill proi'iLle the follom'ing inforimation at the end OE eacli quarter. This ivill include i'ciluation of ini'estments, traiisaction report, pei'formaiice anal J'sis anLI commentar}'. 7.3 Tlie charit), ChairLiian, Treasurer ancl one other TrLlStee liai'e resp()iisibiliti, foi. agi'eeiiig strateg!, and iiioiiitoring thL' ini'esteil assets. The chariti, Cliclirincin, Trcasurer aiicl oiie (ItIILr Trustee MFill perforin the role of the charit), Finance ConiniittL'L. The Finaiice Comniittee ii'ill rel'ie. the information proi'iiled b!, Ilie ini'eshiiL)Ilt manager folloThTiiig Lach report. The information giiften bi, the Iiii'estiiieiit inaiiager on 31st Mai'ch will be that reportecl in the Annual Report ancl Accounts of the Association. 7.4 Nc) Trustee of the chariti, niai. seri'e on the Finaiice Comiiiittee if tliLI' TL)cc'jiie P1c }'1lILI)t froni the charit!. in another capacit!.. 7.5 PL.Irformance of the ini'estment portfolio M'ill be naSured agyainst inflatioii aii¢l its ini'estinent objLYtiiFe. 7.6 If the chariti, ceases to (unction the ini'esteLI assets shall I returiied to Mr Grahcllll C. P}'e's Will Trust or if this Trust has been finaliseLI, tlien to tlie Pl'e Charitable Settleiiieiit.
THE AOcIATIoN FOR POSf-NATAL ILLNFSS INVESTMENT POLICY STATEMENT CONTINUED Approval and Review 8.1 Tliis Investment Polic), Statement was approiied b5, the full Committee of the Association for Post-natal Illness to proi'ide a framework for the management of its reseri'es. This Iniyestment Policy will be reiFiewed on an annual basis to ensuTe continuing appropriateness. Approved by thL. Finance Committee DLiled: LL LL r)iili.d.. 171pi,. i: AcliJplL'<l b), Ilie Coniniillee o( tlie As40ciation L)¢ltt' of ftrlL'L.lin¥- 2711111?? IKLThtcrLIiLI' Il,liniile: LG,I.I hliiiulL'% I'arabrriiiili
io. INDEPENDENT EXAMINEIS REPORT TO THE TRUSTEES OF THE ASSOCIATION FOR posr-NATAL ILLNESS I report on the financial statements of the Association for the year ended 31 hlarch 20?4 M,hich are set out on pages 8 to 14. Respective responsibilities of council members and examiners The charit} s council tnenibers are responsible for the preparation OE the accounts. The}, consiiler that an audit is not required for this }'ear under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an inilepenclent examination is needed. It is n)}, responsibility to: exaniine accounts under section 145 of the 2011 Act" to Eolloiv the procedures laid dom'n in the geiieral Directions gii'en b}, the CharitS' Commission under section 145(5) (b) of the 2011 Act" and to state whether particulcir matters haiFe come to m), attentiun. Basis OE inilependent examiner s report M}r examination was carried out in accordance with the General Directions giiTen b), the Chariti, Coinmission. An examinatioii includes a reiiiem, of the accounting records kept b}, the chariti, anLI a comparison of the accounts presentLcI Miith those records. It also includes coiisideratioii of an}, iinusiial items or disclosurL'S in the accounts aiid seeking Lxplaiiations froiii }'OU cls council meiiibers concerning ans, such mclttL)rs. The proceilures undertakeii clo not proi'ide all tIIc Ll'itILnce tliilt Mioulil be requirL'cl in an aiiclit aiiLI consequentli. li'e do not express an iiullit opinion on the iriem, giiien b}. the ciccounts. Inilependent L)xaminerfs statement lil connection iiTlth mi, exaniination, no matter has come to tn}i atteiition.. which gii'i'% reasonable cause to belic)iie that in an}, rnaterial respect the requirenieiits to keep accounting records in accordance Miith section l.W of the 2011 Act,. aiid to prepare accoiints which accord M'ith the accounting records and cornpl5' Il'ith the accouLlting rLxiuircniLnts of the 2011 Act. Iiaiye not been met- or 2. to wliicli, in mi, opinioii. attLntion shoulLI be draii'ii in orLler to eiiable a proper unLIL'I'Staiicling OE the accoiints to IK, reaclieil M Bcirr), Boi c FCA Chcll-tereLI Acci)untcint 146B Chi5i5'ick Higli Roail Loniloii w4ipu 2024
ii. THE AS%)CIATION FOR PT-NATAL ILLNE STATEMENT OF FINANCIAL AcfIviTIES FOR THEYEAR ENDED31 MARCH 2024 Unrestricted general fund Restricted fund 2024 Incorne and expenditure Incorning resources: Grants and Llonations Funllraising Inirestinent income Publication sales (2) (3) (4) 16,670 3,415 41,265 20,085 1.427,819 41.265 4,936 Total incoming resources 61,350 61.350 1,435,067 Resources expendc,d.. Fundraising Direct cliaritable expeniliture Management and administration (6) 299 ,233 23.?73 299 6A,233 23,573 216 60,917 (5) Total resources expended (7) 88,IOi 88,10) 9i,815 Net income/(expeiiL4iture) (26.755) (26,7J5) 1,,339,2)2 Value adjustment in respect of jiiirestnients unrestrictecl (9) 70.519 70,519 12,446 Net iiicomiiig resources for the }'ear 43,761 1,351,698 Balance brouglit forw'arLI at l April 2023 1.478.617 1,478,617 126,919 Balaiice cai-i'keil foriiFarLI at 31 Marcli 2024 £ 1.?22,381 £- £ I,J22,381 £ 1,478,617 Thei'e ari. no recogniseLI gains or losses otlier than as discloseLI aboi'e. Tlie iiotes oli the folloNI'ing Pcigcs foriii part of these fiiiaiicial stateiiieiits.
12. THE ASSOCIA TION FOR P05T_NATAL ILLNESS BALANCESHEET AT.31 MARCH 2024 Notes 2024 2023 FIXED ASSETS Tangible fixed assets (8) 6.974 .3,154 Investments (9) 1,433,283 I,Oi3,347 1,440,2?7 I,Oi6,501 CURRENT ASSETS Debtors Cash at bank and in hanLI (io) (li) 1,2?0 82,974 1,2?0 426.266 84,224 427,516 CREDITORS.. ainouiits falling Llut M'ithin cine }'ear (12) {2,1(K)) {5,4tM)} NETCURRENT A%ETS 82,1?4 422,116 NET ASSETS £ 1,522,381 £ 1,478,617 Representiiig.. Unrestrictell fund Restricted fund 1,522,381 1,478,617 £ 1,?22,-381 £ 1,478,617 Thc. financicil stclteiiieiits ii'ere approi'eLI b!, the Con)Inittee on its belialf bi,: 024 ancl 8igiiLcI oli Dai'iLI Clarke Chairinan Clare Delpecli Treasurer TIIL. ncitL5 c)n tlie folloNI'iiig pagL'S fc)rni part of these fiiiancial stateinents.
13. THE ASSOCIATION FOR PT-NATAL ILLNESS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIFS Statutory information The Associ¢ltic)n for Post-Natal Illness is an unincorporated association, domiciled in England ancl Wciles, with a registered charit), nUrnr 280ilO. The registereil officL> Is 145 Daives Road, Fulham, London, SW6 7EB. Statement of compliance The Einancial stateinents hai'e been prepared in accordance with Accounting and Reporting by Charities.. Stateinent of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Stanilard applicable iii tlie UK (FRS 102) (effectii'e l Januari, 2019) _ (Charities SORP (FRS 102)), the Finaiicial Reporting StanLlarLI appliccible in the UK (FRS 102) anLI the Charities Act 2011. There were no iiiaterial Llepartures Erom thL 5tanilard. Tlie Association Eor Post-Natal Illness meets the definitioii of a public benefit entit), uiicler FRS 102. Assets and liabilities are initiall}. recogiiised at historical cost or transaction iyalue unless otherwise stateLI in the releiiant accounting polici, note. TEie financial statements are preparecl in sterling. which is the fuiictional currenc}, of the compaii}'. TIIL Trustees hai'e rei'iewecl tlie Chariti s financial positioii to ensure it Is appropriate to produce the accounts on a going concern ba515. Income recognition Iteins of income are recognised in tlie financial statements iiylien all of tlie folloMTing ciiteria are mLt- tlie Charit}, ha8 entitlemL'nt to the funds. an!, pL'rfc)rni<lnci' conditions hai'e been met or are full}I witliin the control of tlie Charit} tlii)rL' is sufficient certaiiiti, tliclt receipt of tlie incoine is consiLlei'eLI pi'obcible,. and the anioiint can be measureLI reliabli.. Goi'erninent Lyr<ints are recognisecl on tlie perforinance nioLlel, w,hen tlie charit}, Eias coinplieLI ki'itli aiii, cc)IlLlitic)ns attachiiig to tlie grcint aiiLI the graiit ii'ill be receii'Lcl. Expenditlire recognition ExpeiiLlitiire is i-ecogniseil once tliere is a legal or constructii'e oblig<ltion to Illcike Pci!'Ineiit to a thirLI parti,, it is probable that settleiiieiit Miill required aiid tlie aiiiouiit cali be nieasiireLI reliabli,. Expenlliture incluiles those costs of a ilirect nature M,hich can be allocated to a .specific actii'iti.. It Ic15() incluile5 illilirect COSts, inclu¢ling gyoi'L'riiance costs tliat Llo not i'Llclte to a spiecitlc Ic Ctii'iti, biit (ire iiLrcssari' to support them. Support costs al-e apportionLiI to eacli actii'iti. c)11 tlIL. b<1515 ()f 5tcif( timL.
14.
THE A)cIA TION FOR P05T-NATAL ILLNESS
NOTES TO THE FINANCIAL STATENIIENTS
FOR THE YEAR ENDED31 MARCH 2024
CONTINUED
I. ACCOUNTING POLICIES
CONTINUED
Depreciation:
Depreciation is proi'ided at rates calculateil to iiprite off the cost of fixed
15. THE AssclATION FOR P(BT-NATAL ILLNESS NOTFS TO THE FINANCIAL ST ATENqENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED FUNDRAISING 2024 202.3 Frieni1s of St Mar} s Barnes Charit}, Ball Laclies Night Bake Sale Funilraising ei'ents 2,000 ,312 3,415 INVESTMENT INCOME 2024 2023 Dii'idenLI income Bciiik interest receiirable Inl'estment income 2,074 2,862 1,265 40,(X)O £ 41,265 £4,936 DIRECF CHARITABLE EXPENDITURE Unrestricted Restricted fund5 Euiids Total 2024 Total S<ilciries anil £ees pa}'able Printing anLI postage of booklets Telephone and internet ALl1'ertising 53.288 49,(K16 6,429 6,666 2,679 1,600 2.679 3,1.30 £ 64.213 £ 64,233 £ 60,917
16. THE AssclATION FOR PT-NATAL ILLNE NOTES TO THE FINANCIAL STATENIENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED MANAGEMENT AND ADMINISTRATION Unrestricted Restricted funds funcls Total Total Professional fees Aullit fees Accountanc}' Depreciation Insurance Rent. rates and other office costs Sunilr}' expenses 4,T75 4,775 16,307 5,400 2,100 1.379 2,100 1,379 557 2,894 8,903 621 14.329 72 14.329 72 £ 22,655 £ 22,65? £,34,682 TOTAL RESOURCES EXPENDED Staff costs Oiher costs Total 2023 2023 FuiiLlr<l1511l8 DirL'Ct cliciritcible expeiicliture Man¢igemLJnt ancl aLlininÈstration 299 299 65.151 216 60,917 34,682 53,288 21655 £ 53,288 £.34,817 £ 88.10? £ 9J,815 TANGIBLE FIXED ASSETS Fui-iiiture Office ancl fittings equipinent Computers Total Cost: At l AFTrril 2013 AIlLlitii)iis 11.877 15BI4 5,199 At 31 IK,larLh 20?4 6.327 2,8ty) 11,877 21,013 Depreciiltion.. At l April ?023 Charge fcir the irear I,)48 315 8.790 46.3 12,660 At 31 hqarcEI 2024 2.911 1,863 Illi'ilteii Clo.n iralLIe- At 31 Nlarch 20?4 £946 £ 2.694 £ 6,974 At 31 NlarLlI ?0?3 £)9 £8
17. THE ASS(KIATION FOR PT-NATAL ILLNESS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED INVFSTMENTS 2024 2023 B<ilance brought forward Aililitions Fair valuc) adjustment 1,0?3,317 309,417 70,519 1,040,901 12,446 £1.433,283 £ I,OJ3,347 The Association's investments are managed b}, Adam & Compan}, of Edinburgh and comprise principall}' equities and bonds; the portfolio is stated at closing iiiarket iialue anLI its related investnient account is shown under note 11 cash at bank aiid in hand below. 10. DEBTOR5 2024 2013 Prepa)In)ents 1,2iO £1.2?0 11. CASH AT BANK AND IN HAND 2024 202.3 CAF Bank Ltil ciccounts HSBC plc ch<iriti' ,Iccount Ncltwc'st plc resen'e clccount Ailain & Compan), inirestment account Pett}, C<isII 74,ii2 9,825 14.660 970 100 £ 52.798 £ 426,266 12. CREDITORS: aniount5 fallin IUL. Il'ithin onc l'ear 2023 Accriia15 f2.1(M) £i,400 11. TRUSTEES REMUNERATION AND AVERAGE NUMBER OF EMPLOYEES Triistees are not remiinerateLI other th<ln in one case. Nlrs Diaiie Nelimé receii'eLI £11,808 I?O?1.. £11,0808} for seri'ices reiiclerL'i4 cls adiiiiiiistrcltc)r. ThL aiFeragL i)umber of eniplo)'ees, incluLling Trustees eniplol'eil unLlei' coiitract8 of .sLri'icL' is ? (2022-. 5). No emFilo}'ee receii'eil reniuneration aiiiountiiig to inore that £60,000 ii) LithLI' )'Llc r.
18. The following page does not form part of the statutory financial statements.
THE ASSOCIATION FOR POST-NATAL ILLNESS DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME LegclCI', grants and donations Funilraising Publication sales Investment Income 16,670 3,415 1.427,819 41,265 4,936 61,350 1,435,067 LFSS EXPENDITURE Auilit Eees Accountancii Eees Professional & legal Depreciation Insurance Suiidr}' expenses Printing, postage of booklets Aill'ertising Rent, rates and other office costs Gross salaries pal'able Telephoiie anLI internet Bal charges Moiriiig cost FunLlraising 5,41K) 2,100 4,775 5?7 621 6.429 6.666 1,600 8.90.3 49.006 2,679 299 216 (88,IOi) (9?,815) (DEFICIT)ISURPLUS ON ORDINARY ACflVITIFS £ (26,75?) £ 1,339,252