THE AS5(KIA TION FOR POST-NATAL ILLNESS
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20?5
BOYDELL & CO
ClicirterL'II Accc)Iiiitaiits
146B Cliisii'ick HiLlI Rc)a(I
Loiiiloii
IV4 IPU
Regi_stereLI Cliariti. nuiiiber.. ?

CONTENTS
Report of the Trustees
Ini'estiiient polici, statemei)t
8-10
Accountants repc)rt
Stcltenient c)f finai)cial actii'ities
12
Bcilaiice slieet
Notes to tlie <iccounts

THE ASSOCIATION FOR P05T-NATAL ILLNESS
ANNUAL REPORT OF THE'fRUSTEES
LEGAL AND ADMINISTRATIVE D￿AlLs
'riie Associatioii foi- Post-Natal Illiii$8 15 ai) unii)corpor<lted associatioii, aiiLI its Goi'eriiiiig
Docuiiieiit IS Its Rliles (idopteil 011 30 June 1980. The Associcltion obtaiiieLI cliaritable status
under Sectic)n 4 of tlie Charities Act 1960 from the Cliariti, Commissioners 011 4 August 1980
uiider registrcltion niiiiiber 280ilO.
Registered office-
1str Fli)()r
Fullicl11I Park House
IA CIILsilton Roacl
Fiilliain
LoiiLI017
SW6 JAA
Bankers:
CAFC.ASH Ltil
Kii)Lys Hill
WL'5t Mcilliiig
Kc'iit
EIL) 4TA
HSBC B<liik PIC
?C).3_51)C) Fullicini Ro)cicI
L()iicl()ii
SW6 ?UA
Ncltiollcil NTe5tiiiinster Bciiik PIC
671 ligli StrLL't
Sei'eiioaks
Keiit
TN13 IJY
Inveslijieiit Mfjilliiger:
40 PrincL'S Street
Eiliiibui'grl]
EH2 ?BY
Auditors..
Bo)I'i1L51 & Co
Stlc tiitoi-l, AiiLlitOf5 ciiicl Cli<irtL'rLIl Accouiitaiits
146B Cliisii'ick Fligli Rociil
LoiiLIoii
W4 Illu

THE A550CIATION FOR P￿T-NATAL ILLNESS
ANNUAL REPORT OF THE TRUSTEES
CONTINUED
Annual Re
ort of the Trustees for the Period l A ril 2024 - 31 March 2025
Ob ects of the Association
Thl relief of Mromen siitfering froni post-natal depression or conLlitioiis of sei'ere or prolongTC'II
Llepression or relateLI illness arising froni prc'gnanc!, ii.hich threateiis tlieir iiiental (Ir plii'sical
Iicalth oi. eiiiatioiial stabilit!, ancl tlic, proiiiotioii of rese<irch into piost-iiatal clepressiciii ()]' illiiess
aiiLI tlie Llisseiiiination of tlie restilts thLrLof. TIIL. Association Dftei-s supiport I'icl I'_Inciil ¢ll)cl
phoiie.
Review of Activities
Tlie Ass(Kiatioii's current membership coinprises J? O I'olunteers cinLI 18 clepre88eil inothei-s
i'eceii'iiig SLiiipiort. Tliere are 79? paiil up iiieiiibei-s of tlie supportLrs scliL'iiiL. Duriiig 20?4, 30
iiiotliers becaiiie well again ancl Eio longer neeiled i'olunteer suppc)rt.
Tlie Associcltioii recL'ii'e5 aroiiiicq ? letters per ii'eek along Ni'iih 6-12 phone calls per M'eek aIiil ?0
e-iiiails per ii'eek. Tlii5 actii'iti, Ileiieiids oli publicih. iii the nieLlia. Durinby tlie l'ear tliere iilei-e
67 pieoplL 11,IIo LiseLI tIIL lii'e cliclt fciciliti, li'e offer. Tlie APNI hcl4 1,366 fnlliiii'ei's oli Iiistagi-aIii
anil c)Lll- Fcicebc)cik Pcige has 1,8LK) fc)Iloii'ei-s. Sic)bliaii pc)5t5 011 tlIL'8c' sitL'S aiiLI tlie piosts cli-e
cheering clllLI piositii'e. Jeiiiii. WeL,k5 Il'rote the Autuiiiii 2024 nLllY.sletter tliat IlTas seiit to our
iiieiiibei-s.
Tlie office is statrfei4 bi. Siobliclil Merrifielil, Jenni, Weeks, Alice Hulloii aiiLI Mai'gie Siiiitli. Alice
FILltt()11 Ldoes cill tlie bc)c)kkeepiiig Ec)r tlic cliciritl, ciiicl cc)TltclCt5 thL' Just Gii'iiig Lloiioi's.
Dicine Nehme
.Il'L .S<lLILILIiLLI to repoi't tlie passiiig of Diaiie Neliiiie, ii.lio caiiie Ec) iirork fi)i' thc As%c)ciatic)ii
in IC)84. DiclllL' becaine a Trustee anLI Secretari. of APNI in IW8. Iwlieii tlie officL Ii)()I'LiI frc)In
JLI'Lll¢ 11 Placi tc) Daii'es Roail in ?(MKi Diaiie optecl to ii'ork froni hoiiie.
DiLlllL' workeLI I'eri. liarcl COLiiiselliiig long-teriii clieiits on tlie phoiie (incl ali%'ai'8 attLiicleil
Cc)Iiin)itlLc iiic'Ltiiigs unless prei'eiiteLI bi, liealtli reasoiis.
DiclllL CC)ntiiiiiLil ii'()Yking up) uiitil liei- Ileath iii Noi'eiiiber 20?4. Slie il'as I'ei-i. pc)pulai' ii'itl) tl)L
l]l¢ll)I' IV()IIIL'lI ii'lioiii slie lielpecl. Slie ii'ill be greatli. 11115seLI.
Liz V*'ise
We cll'e 50rri' tc) rep()rt Ihclt aEtc'r more tliaii ?0 l'ears of ililigent sei'i'ice as a TrLlStee Iiiid a
spokespieisoii tor APNI, Li/. Wi%L' rL'sigyllLLI her role as a Ti-iisteL' Iii Jciiiuai'i, ?O?i. Tlie Cliaii-iiiaii
,iiiil CoiiiiiiitteL Ii'islI t() tlicink Li/ for liLr iiiani, i'eai-s of seri'iccJ to APNI. Ive al'e i'eri, gratefiil
for (111 LIL'S ii'ork 011 behcill of thL' clicll'iti,.
Rachel F,enwick - Charit Secretar
elect
li) Jcllluciri, Ric CIILI FLlllI'ick coiitacteil Clcire tc) c)fkLr l)c'r SL Tl'iCL'S a5 a Tru51LL c)f
APNI. RcichL,I hic 5 bLLii a Voliiiiteer for soinL' I'Lcll-.% cinil ui)IlLrstaiicls iiiLich aLI()Ll I tliL'
C)l-kYcllliSc1tLC)11 troiii tIiL' i1i5iilL'. AttLr coiisiileriiig the ai'ciilcible role.s oli tlil Coiiiiiiittee
RcicIILI oyitL'II toi- tliat c)f SiYi'LJtari.. Tliis ii'ill be conEii-iiieLI 1( t Ilie iiext Coiiiiiiittee
Iiieetiiig iii Jill!,.
Prei'ioiisli, Ivilsoii liacl cltteiiilLIl ic Iiieetiiig arraiigecl bi, R<lcliel at her ii'oi'kp)Icice ii'liicli i'aiseil a
lai'bTL SLin) (It iiionLI, for the orbFaiii5ation aiicl li'e are p)leclSecl to ii'clcc)iiie Iiei. to tlie QoIiiiiiitteL.

THE ASSOCIATION FOR POST-NATAL ILLNESS
ANNUAL REPORT OF THE TRUSTEE5
CONTINUED
Mr and Mrs
e's Charitable Settlement
A rL'P()i-l o)11 thL
.Ictii'itiLS C)f tl)L cli<l1'iti' c)I'L'r the prei'ious I I montlis MTas macle to tlie Pl'e
Triistees in nii1l-DLceniber. This IITas cicknoii.leLlgeil bi, tlie Trustees. APNI lias agreeLI to niake
an cll)nual report to the Pl'e Trustees ei'eri, l'ear in December. This report is also sent to Mi-
Pic ti'ick Nqulcare a Trustee for Mr Graham Pi'e.
Mr Graharn Christo
herp eLe
ac
APNI Investments
Diii'iiigy the l'ear li'e Iiai'e receii'eil fr.our pai'iiieiits of £IO,O(Xl froin the Ini'estiiient CoEiipaiii,. Tlie
Pcll'lllL'llts NvcrL at the enil of Mai'ch, June, September and Deceniber. Tlie5e pal'iiients are tlie
11)¢1jor source of income for tlie cliariti..
li October 20?4 Wilson Clark, Roger anLI Clare Delpech met Mr Tim Wishart ii'lio is IIIL
ExLculii'i of ALlaiii anil Coiiipan!. ii'lio lias respoiisibiliti, for thc AFNI liii'estiiieiit Accouiit.
Wilson L]LiestioiieLd Tiiii about the effect of our choseii risk fic ¢tor (4). TIIIS M',15 a i'eri, usLful ciiiil
proiluctiiie nieeting-
TheD
ers, Com
Charitable Triist
lil Mcll'LlI ?O?J ii'L' l-Lceii'eil Ll,000 t"roiii tlie Di'ers Coiiipaii!, Cliaritable Trust. We (ire iyei-l,
grcltelLiI to 'fhe Woi-sEiipifiil CoIiiFiani' of Di'ers for tlii% ITer!' gliiei'oiis doiiatioii. IVL. ai'L' cil%()
LXtrL'niL'lI' gi'atLful tliat tliei, hai'e iiicreaseLI the ainciuiit doiiatLiI bi, £500 fi-oiii Iclst I'eai-. WL cll-e
80 tl)ankfiil for the generoiis Siipiport OE Tlie Di'ers Coiiipclll!. M,liich lias assisteil oui- M'c)i'k fc)i-
tiian), l'ears.
an
In Memor
Donations
Mi- Di< I'ILI Hlc mbletl gyai'e DOO in iiieiiiori. of Iiis il'ife Sheilcl H¢in)blett IlTlio ii'orkeil for APNI foi-
Illcllll, I'ecirs. Dc)ncltic)iis in mLmori' of Diaiie Neliiiie caiiie to £221).
onsored Events
Li'ilia illoi-tliiiigtoIi ran in the Tcltton 10K in hqai. ?0?4. Slie raised £482.50 fc)r APNI. Maiii,
tliaiiks to Li'ilia for rc115illgT these iniich-iieeLleLI fiiiicls for APNI.
Kellie McCLillocli took Pclrl in thL. Toiigh Nqtiilcler clialleiige iii Julie 20?4 cinil i'ciiseLI £314.il) iii
s¥ioJisorsliip toi- APNI. Mclni, tliaiiks to Kellie and lier frieiids for tlieir %iipport tor our M'ork.
Pai'iiii BliarLlii'aj took piart in an Ultra White Collar Cliarih, BDxiiig ei'ent in Jiili. 20?4 anLI rcllSL'LI
£868.6) t.or APNI iii spi()11sorsliip. W¢ are i'eri. gratefiil to Pai'aii for iMakinLY APNI tliL
bi'iic'ficiari. i)f tliis ei'eiit.
Aiiiiil CI1LlI'ii'oiilil Mcccirtli!. conipill'tc'il tliL ThreL Peaks iii Three Ila!'s cliic IleiiLTL iii Juli. ?{)24
ai)Il i'¢118L'II £I,()J().44 fi-oiii sp)oiisc)1's1iip. Aiii)Il LIILI tliis clicilleiibve iii nieiiiori, c)t IIL'r IcilL' %1.4tL'r-iii-
Sclii, Eiiiiiici Cclili'iiioulil. Eiiiiiia's faiiiili. licll'c, raiseLI tliousaiids of piouiiils foi. APNI aiiil tliis
L'l'eiit 15 Pcirt lif tliLlY l)i)byoiiig aiiil coiitinuL'II fiiiitlraisiiig iii iiieiiinri. ot Eiiiiiia. Ille al'e i'ei-l,
gi-cltL,fLiI to Aiiiici for IiLI' gLniroiis siippc)rt fc)r c)ur ii'ork.
Robert and L nette Crai
Iii DLCI'iiILILII' II'C,. I'L'CLii'L'LI cl clieLiiie fc)r £4.000 froin Robert aiiLI Li'iiette Craig ii,ho liai'e loiig
been i'eri. gTeiierc)US Lloiiors to tlie cliclTitI'. Thei, t()ILI us tliat tliis is a oiie-oft aiiioiiiit but tliat
tliei, ii'ere yilL'cl%L'II Iliclt APNI slioii111 bLlIL'tit troiii tlie cloiiatioii ii'liicli is a IiugTe Iielpi to OLII.
'oi-k. WL) Il'ciiilil like to tliai)k Robert cillil Li'i)ettL tor tlieir ii'oiiilertiilli, geiiei-oiis slip piort oi'er

THE ASSOCIATION FOR P05T-NATAL ILLNESS
ANNUAL REPORT OF THE TRUSTEES
CONTINUED
orters Schenie
lii ALltuiiiii 20?4 Nire seiit a lettcr tc) Suppiorters sai'iiig that M'e UiiLlerst(K)d if thLI' IliLI not feel
,Ible to niake tlieir aniiual ilonation c)f £? Llue to the great iiicrL'c15L' in thL cost Dt lii'iiig.
lii respoiise our geiierous Supporters ilc)natecl the niassii'e suiii of £7,464.28 froiii Noi'Lmber
2024 to tlie eiiLI of Jaiiuarl. 20?). The fc)Ilc)ii'iiig (ire soiiie of thL' generoiis clonatiotis li'e receii'eLI..
JuliL, Vile (ii'itli Blclckrock matching funLling).. £1,476
AngLla Crockatt: £1,040
F. Elistace: £?JO
Mai-lin anil Christine Keiffir= QOO
Eileen Blood.. £100
Tiiii Gutcli: £100
T. FLiltoii'. £11
Tiffcliii, Wliiteliecid.. £100
Mii'i<iin Niclic)115.' £1(10
R. Cc)w'iL.' £60
HLIL)n Wi15011.' £iO
I,ilian Huff.. £50
B. Cl)clP)PLI'lin.' £?0
NLlI,Liii]'I,= £?0
M. Tiickc'r: £?0
D. .1 aillaiiilier= £iO
W. Greeii.. £iO
R. ALlcock.. £iO
D. Laii'reiice.. £iO
C. Wliitelioiise.. £)0
J. DLiiiloF).. £)0
Sue Dilii'ortli.. £)0
E. Kiiig.. £iO.
Coveii¢int Donations
)Iii' c)1 ()Ill' Ll()iii)i-% gTjI'L a iiioiitlili. ,illlOllI)t ai)Il Iilll'L' bLLlI lo)',i15UPiPi()rtLI-s ()f tliL' ii'ni'k lif tliL'
Ass()Cicltic)ii fc)i- I'Lcll'5. We cll'L' Ilc'c'pli. gi'cltLJtul to tIiL)sL Lloi)ors fc)r tliLir liiglili- I'ciluLIl i'L'LFulcll'
TIIL'%L' Ilc)nc)rs iiiclLicle Eiiiinic St¢iblc'i', Dr JL'ni)TfL'r Bariia, JuliL'I Nlalir(ILlS, Jeff aiiLI Li£ Ri)biiisoii,
StLpiliciiiie Ri,Iciiiil, Stella GililL'tI, N41-s Angvelcl Crockcltl. F.li7ilc I￿tIl Daetli, EliLabetli Tc11,lor, 'foiii'
CIILlI'cliill, Alisoii Wilsoii, Paiiiela 511Iith. Hilari. Dale, Luci. Gibsoii, Mattlieii, Ei'ai)s, S. Illi(Kles
,iiicl Jill Votiberb.
fiindraisiii
Ri)gyL'I- DL,IFii'cli lills CC)IltiiiuL'LI to api)eal to cliaritable Ti-usts 011 k.liiilf OF APNI. TIIL As%i)Cliltioii
IS I'LI'I, gTI'cltefiil to Roger Ic)i- li1% iK'c)rk iii tlii% comyietitii'e tield.

THE ASSOCIATION FOR P￿T-NATAL ILLNESS
ANNUAL REPORT OF THE TRUSTEES
CONTINUED
Website
I'IIL IK'LbsAte lias beeii bus}, Lliiring the l'ear. Ke!, dclta oi) M'L'bsite traffic is 5uinmai'isc'LI iii tlie
tal)le l)eloMr:
Category
Total Vi51ts {2024)
Increase from 2023
Pages Viewed
Details
18,416
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Most Popiilar Pages
Post-Natal Depression
Noiy"
"Need Help
Direct Visit5
li,O(K)
12.1°
Retiirn Visits (Monthly)
Organic Search Visits
Referral Visits
Socicil Media Visits
5,100 (e.g. Google)
243 (from e.g. FacL'boc)k. Instagraiii
TIILJ II'L'b5itL' 15 UPil¢ltLil ii'ith sp)ecial iiitoi'iiiatioii ii'lieiiei'er possible, iiarlicul<ll-li' tIIL, I)01)iL'
P<lgTL. F,(Ill(Ill'illgT <1 .siiggLStion bi. Siobliaii MLrritielLI, tliei-e are iioii. tii'ci iieii. c)pilic)n5 ()11 Ill
'Lbsilc' l)c)1llL: Pcigl. Oiie is tor iletalls abolit Piiei-p)eral Psi'cliosis clllLI tlie otliei- 15 foi- I'isil()i's
,Ii() 111<1!. bL L'XPL'riLI)ciiig SiiiCiLlal tliotiglits. lii botli cases groups that cali c)ffei' sp)Lcialist IILIpi
.Ire li5teLI.
Fuiiili'ciising ei'L'iils ¢11111 photographs of ei'ent particiF)aiits are posted oli tlie ii'ebsitc.
HMRC
No i'ekl(ii'iiieiitS M'ere cipplic'il for, Iior i'c'CL'iI'L¢I. Lliiriiig tliis finaiicial pei'ioLI.
We i'eceii'e GiEt Aiil oli iloncltion5 mlc (Ic i'ici Just Gii'ii)g-
Piiblications
TIIL BciLii, BILies
Diiriiig tlie perioil 40,iOO c()PlLS Ii'ere sent out free of clicirge.
Tlie Babi, BILies ALlI'erts
I'IIL Bribi, BliiLs ii'.is aili'ertiseLI in ThL Miilii'ii'es Iiiagazine ii) (ktober anil iii tlie Healtli
Visitiii'% ni<igya/.ine ii'hicli caiiie out iii lic te Octobei'/earli, Noi'ernber.
APNI 4F)oiisc)i'L'Il Illl prize foi- tlie Best Heclltli Visitor at tlie CPAHV ConfLI'eiicL in Bii'iiiiiibylicllll
011 6-7 Noi'L'iiibLr ?0?? (11)Il lill pai-ticipiaiit5 recL'ii'LiI a cc)k)I' c)I' Tlie Bcibi, BIuL'5 ILiltlL't iii tIiL'ii'
Velc()Iiie Picick". (Tlie CPAHV iiitornicltioii cui-rc'iitli. bLiiig qLiestioiiecl).

TIqE ASSOCIATION FOR P￿T-NA'[AL ILLNES5
ANNUAL REPORT OF THE TRUSTEES
CONTINUED
Post-Ncltal De
ression
This iteiii is still ai'ailable anil clppreciateLI bi. those Nirho receiiye it.
Self Hel Leaflet
This itL'n) li<i% bL*n re-m'ritten and is closL' to being publisheil. It has haLI a niajor OiTerliaul aiid
']]] IIc)PL.fiill}' be of use to our clients.
Meetin
s attended b APNI stiiff
? AuLFU512024.' JL'iiiii' iiiet ii'itli a local MiLlii'ife Jacilui Nic iicei, ancl gal'e lier soiiie Bab!, Blues
)Ic flL)Is l()r her pc)5t-iiatal Café groiivi iii Loiicloii.
7 Noi'LnibLI' 2024.. JL)i)ni' anL4 Alice attendecl an oiiliiie trainiiig course run b), tlie Meiital Healtli
Fc)uii(lalic)n ciii 'PeLr suyiport to prei'ent suicide icleation iii l'oung iiiotliers.,
26 FebrLl<lr)' 20?).. Mcirgie, Jeiini, aiiil Alice attencle¢l tl)e NCEL Pei'inatal Proi'iclei- Collaboratii'e.

THE ASSOCIATION FOR POST-NATAL ILLNESS
ANNUAL REPORT OF THE TRUSTEES
CONTINUED
STATEMENT OF TRUSTEES. RESPONSIBILITIES
Chariti, lam, Leiiiiires the Trustees to prepare fiiiancial stateiiieiits for eacli Eiiiaiicial }'ear ii,liicli
giire a ti ue aiiil fair i'ieii, of tlie state of affairs of the Cliarit). and of the result of tlie Cliarit!, for
that perioLI. lii preparing those tinancial stcltenients. the Trustees are required to-
select siiitable ciccountiiig policies anil theii appl!. them consistentl}.
IllcikL' jiicILvenieiitS <lnd estiiiiates tliat are reasonable aiiLI pruLIL'nt
state whetlier cippIic<ible accounting stanclarils hai'e t￿n fc)IIc)Il'Ld, subject to ali!,
IniltL'fi<l1 ilL'pi<irturL's i11￿105e￿I ancd explaÉneil iii the finaiicial stateiiients- aiiLI
pirep)arL' tlIL tinai)cial 8t1( tLnient5 C)Ji tlie going coiicern basis uiiless it is inappi-opriate to
presuiiiL' tIILlt tliL Chariti, ii'ill cc)iitinuL' in bu5illL'S5.
The Triistees are responsible for maintaining propL'r accoui)ting re(orcls ii'liich disclose ii'itli
rea8oiiable accuraci, at ani, tiiiie tlie financial positions of tlii, Cliaril!, anil to eiiable tlieiii to
eiisLlI-e tliclt tlie f itiaiicial stateiiieiits coiiipli. ii'ith tlie Cl)arities Act ?011. Tliei, al'e cils(I
rL.8poii8iblL tiir Siilegiiii I'cliiig tIIL assLts c)f thc, Ch<l1'iti' aiiil IIL'iice Eor takiiig reasoiiable 5tepi5 Ec)r
tlie pirei'eiitioii aiiil iletectioii ot fi'aiiLI aiicl otliei. iri'egulai-ities. Tlie TrLlStees Iicll'c. <11loyiteLI
Fiiiciiicial aiiLI Operatioiial I'roceLliires to proi'ille guideliiies to Trustees Ii'Ltli regT<ircl to
tiiaiiageiiient, coiili'ol aiiLI reporting on the quartci'li, per(orniaiice of tlie APNI. Tlie Trustees
al'e i'espoii_siblL ti)r the inaintenaiice aiiil integriti, of tlie Cliariti, aiiLI fiiiaiicial iiifc)i'iiiaticiii
iiicliilleLI 011 tlIL Cliilriti s ii'ebsite in accorillL IICL Il'itli legislalioii iii tlie Utiitell Kiiigiloiii
?oi'eriiiiig tlie prLpai'£ltioii aiiil Llisseiiiiiiatioii ot fiiiaiicial stateiiieiits.
Eacli ot tlie pcr%c)ns ii'lio is a Trustee at tlie Llate of approi'al o( tliis report coiifiriiis tliat, so fcll.
as Lcicll Ti'u8tCL' IS ¢lll'lc I'L, therL is iio relLI'ant accouiitanci. li￿01.1])atIOn OE ii,liicli tlie Cliai'iti s
iIILlepeiiLleiil c'xciiiiiiiei. is tiiiaii'are, aiiil tlie Ti'tistees liai'e takeii all tlie steps tliat thei, ouglit to
Iii¢ I'L, IcikL'n ci% Tr115tL'L'% iii oi'ilc'r t() IiiakL tIILnisLII'LS aii'ai-e ot aiii, i-L'lei'aiit accouiitaiici,
iiIIoi'i)1£111011 1( iiil Ic) Lst¢iL)lisli tliat tliL Chariti $ 11)LlepeTiileiit exaiiiii)er is aiiTai'e of tliat
iiltol'lllcltioii.
TIIL. B()cll'cI iiiiilerlcike5 rLigyiilar 8kill.s <iiiilits iii (IrLler to ILleIitifi' gapis. PDteiitial trLlStees cli-e tlieti
icILlltifiL'II ic IILI clF)PII-()(Iclic'il. All pro8pectii'L trLlStLLS are iiiteri'iL'II'LcI Iii, tIIL Cliaii- ii'lio tlieii
lllclkL's i-L'cc)iiiiiienLlcilic)Iis to tIiL tiill BoarLI. I-l)e Al)Nl 13oai-ii fi-iistees Iiai'e tlie oi'erall legcil
I'L'5PI()Iisibiliti, foi- tlie Chic riti" iiicliiilii)g tIiL geiiei'al coiiti-nl aiiLI Inc111¢igoI))eiit of tlie
,ILIIiiiiii5tl-cltioii ot tlie Cliciriti,. ThLJ orgcinisation l)as a iiiaiiageiiieiit tL'am leil L)i' tlie Treasurei.
ii,lic) tcike Llcll, to ilcli, respoiisibiliti, f()r ¢111 aspects ot operatioi)al ilelii'ei'i, of tlie Cliai'iti s ii'oi'k.
APNI'S TrL',.
l£lll-Lr is re5Pl01i5iblL loi. HR cillil eiisiii'iiig that its b)olicie8 <l1'C fLI'ieii'eil (iii a 14L)b?Liliir
basis bi, IIIL BciÉll'il. All TrLlStees c)11 <lFlP()illtii)L'nt (ire i.ssueLI ii'ith infc)i'iiialic)n i'¢latiiigY tc) tl)L'
liistori, of tlie Cliariti, aiiil pioiiiteil tc) its pi()Iicic8 ¢lllil pi'OCLLliircTr5. Ti-ustC'L'S Ic I'C. rilso 18SULLI Il'itli
a cop)I' ot "TIIL Esseiitial TrLlStee
infc)rmatic)n proi'iLleLI bi, tlie Cliaiili, Coniii)188)()11.
I bi'li<ilf c)f tliL, Triistces
Rcirlil
2Af4 -
SL'CI'L'lcll-I'

THE ASSOCIATION FOR P￿T-NATAL ILLNESS
INVESTMENT POLICY STATEMENT
liityodiiction
1.1 TIIL Association for Po.%t-ncltal Illness is 1¢ 1) unincorporilteLI associ¢ltion, I1nLI its Goi'erning
Docuiiieiit is its Objects (incl Rules ailoptell on 30 Julie 1980. Tlie Association (Ibtai1lL'II
Charilcible StatLlS uniler Section 4 of the Cli¢irities Act 1960 froin tlie Cliariti,
Cc)Inmissic)iiers on 4 August 1980 unLler registration nuIn￿r 280ilO.
1.2 ThL finc11)cial object of the A8sncicltion is to funil its iirork offering adi'ice, support aiiLI
iiiforincltioii tc) ii'c)Iiieii ii.lio siitter froin post-natal Llepression.
1.7 The Trustees M'ill clL'IL'gclte Llecision making relating to ini'eshnent iiiattLI's tc) Tlie
Associatinii Cliairman (incl Treasurer pilus one othcsr Trustee a(li'iseLI bi, tlie liii'L5tiiieiit
Fuiiil Maiiager.
Investnient Objectii'es
?.1 Tlie Association seeks tc) procluce the best financial return ii'ithin an accep)table InLIliuiii
level of risk.
2.2 Tlie iiii'estiiieiit objectii'e for tlic, resen'es is to generate a returii of iirflatioii piliis ,3 / PLI.
aiiiiiiiii oi'er tlie loiig Ic)rmi <lfier expeiises. Tliis slioLIILI alloii, tlie AssociatioI) to at IL'cl.St
iiiaiiitaiii tlie real i'aliie c)f tliL' c155ets aiiiq to F)roduce ali iiicoiiie for tlie oi-gaiiisatioii.
Atlitiide to Risk
3.1 TEIL, kei, risk tc) thL I'lc lue of the assets 0£ tlie Association is inllatioIi. TIIL a8sL't8
bL illI'L.StLLI to niitigYcltL' tliis risk oi'ei- tlie loiig teriii. Tlie Trii_stees uiiilerstaiiLI thclt tliis IS
likel), to iiieaii that iiii'estiiieiit ii'ill be conceiiti-ateil iii real assets aiiil tliat thL C¢lPitcil i'cilue
ii'ill fluctuat¢.
I.? A8sLts
Tlic, A8sociation'5 assets can be ini'ested ii'icleli, and slioulLI be clii'ersifieil bi, ,15set class
aiiLI bi, secui'iti.. ASSLt classes couILI incluLle boiiils, e(iiiities, pi-opert!,, p)i'ii'atL LLlllitI' ciiiLI
c(iiniiioLlitlL.8 cillil cini, ()tlier asset tli<lt IS Lleemeil suitable for the cliariti,.
TIIL A%%ocicltioii ii'ill retcllll soiiie clSSetS cls Reseri'es iiiliicli Ci1n be L<isili' ,IccLJs%eil iii a
DLIP)()Si t Accc)uiit ii'itli Cliai'ities Aiil Fc)Liiiilatioii. Soiiie ot" tEiesL Assets Ill¢ll, bL' illl'L5teLI iii
-5Iic)I't IL'i-ni fuiiils i'icl CAF Chariti. Deposit Platfortii.
TIILI-L inai, iiot be ali!, ini'estment iii ali!. coiiipaii!. ini'oli'eirf iiiitl) tlIL' IlLIi'L'loiiiiieiit oi-
pii-()cILlfti()ii of yiliclriiiaceiitlccil Firoducts as tliis ii'oulLI contlict iiiitli Ilie A550ciatioii's
ObjLc15 clllLI Riiles.
.7.3 CLlI-i-eiici'
Tlie Liase ciiri'eiic!- ofr" tl)c iiii'estiiieiit porttolio is Sterling.
Liqiiidity Reqiiirements
4.1 IIic()IllL, fi-ciiii tlie rLJ£eri'es ii'ill be Pic icl to tlic> chcirit!. ill C]Ilcll-lei'li' aii)()uiits of £10,000 ali!,
extl'cl incc)Iiie caii go to iiicreclse tlii> (155C't5 C)t tlie A55c)ciation.
4.? Aiii, assets rii]Iiii'eil bi flie As5(Kiatic)n for Post-iiatal Illiic48 Il'ill IIL. Plciiil oiili, iiitn tl)('.
CLiri'eiit Aicouiit L)t tliL' cliai-iti..

THE ASSOCIATION FOR P05T-NA"fAL ILLNESS
INVESTMENT POLICY STATEMENT
CONTINUED
Tiine Horizon
5.1 Fc)Ili)ii'ing Ni'itliilram'al of the quarterli, inconie pa)'nieiits. it is aiiticipateLI tliat iii iiiost
I'eÉl1'S iio fiirtliLr reseri'es ii'ill neeLI to be realiseLI.
Ethkcal Investnient Policy
6.1 Thi As_sociatioii hic S cllloptecl an ethical ini'c%tinL'nt piolics, to ensui'e that its ini'estiiieiits Ilo
not cojrflict i%'itli its Objects anLI Riiles. It is IiopL'Il that the i'ouiig M'oiiieii iiTlio are gii'eii
siipport ￿,111 go on to lii'c, long cinil Iiealtli!, lii'es.
6.2 Tlie Association's ethical ini'estment polic!, precluLles clirect or iiiclirect ini'estiiient in
compiaiiies that hai'e an!, connection ii'itli the procluction or s(iIL' of phcirrnaceutical Ili'ug. .
6.3 Tlie Assc)ciation's etliical ini'estment polici. prL>cluiles ilirect or inLlirect
iiii'estiiieiit iii
ani, Eoriii of nuclear generateil energ%. or tlic, buililing of nucleai. pom'er plaiits.
6.4 TIIL As5()Clclti(iii s ethical iiii'estiTrieiit piolici. prLcluilc'.s ilirLCt oi. iiiLlirLCt
illl'L£tiiieiit in
,Iiii, bii%iiiL's5 bic sell iii Cliiiicl, Russia, Japaii or Nortli Koiea. 'I"liis i'elates to tlie i'iolatioii of
hiii)Icl11 1.igyht5 iii these COilLltries.
Millliigeinent, Reporling and Monitoring
7.1 Tlie Associatioii has apipointeLI Allam anil Con)PLlllI' to Inai)age th¢ tUllLI_8 ()]] a
clisci-etlolliiri, basis, iii liiie ii'ith tlie ini'e.stiiient pc)lici'. Tl)L Aqsc)Cl<ilii)ii licls IIOlllillcilLIl cl
list of c1Lltlioriseil sigiiatoi-ies. tlu-ee of ii'l)ich ¢lrL' rL'iiuireil to sigrii {iiii' in5ti'uclic)1i5 t() Ilic.
iiii'e51iiieIit niaiiager.
7.2 Tlie iiii'estiiient iiianager ii'ill Firoi'iile tIiL folliiii'iiig inforiiiati()11 rlt thL ¢nLI (Trt eacl)
CILlcirtei-. Tliis ii'ill iiicluile i'aliiation of ini'cstmeiits, transaclic)ii report, PLI-foriiiaiice
aiial}'sis aiiLI coiniiiexitari,.
7.3 Tlie cliariti, Chairiiiaii, Treasui-er aiicl oiie otlier Trustee liai'e rcsp)(11i5ibiliti' foi. agyi'L'L'in
strategi, aLiiI Iiioiiitoriiig tlie iiii'esteil assets. TIIL cliariti, Cliairim¢lll, TrecisufLI' aiiil onc
otliei- TILlStee ii'ill pertoi'iii tlie role of tliL cl)arit!' Fiiiclncl. C(Iiiiinitlee. Tlic Fiiiic lice
Coiiiiiiittee ii'ill i'LI'iLlI' tlie iiiforiiiatioii proi'iillil bi. tIIL' ini'c'sliiiL'iII Illcill<igLI' f()11()ii'iii
eiicli i'epoi-t. "I'lie iiitcirIiiatioAi gii'eii b!. tlie liii'estinLIIt inaii<lgyLr c)17 315t hqic i'cli ii'ill bl Iliic t
rLpiorleil iii tIIL AniiLl<il Ilepiort aiiil Accotiiits ot tlie Associati()11.
7.4 Nc) Ti'ustee Dt tlic cliiiriti, Inai. seri'e oli tlie Fiiiai)ce CoiniiiittLe il tlies, receii'e
P)Éll'lllLI)t ti'oin IhL) chic rit%, iIi aiiotlier capaciti..
7.) Pc'i'loriiiaiicL of tlic ini'LStnient pni-ttolio ii'ill be I￿L(1.5UreL4 cigaiiist iiiflic tioll ciiiil its
iiii'e5tiiieiTrt ()bjectii'e.
7.6 If tlie clicll-iti, ceases tc) fiinction tIIL Tlli'LSti'cl (155L)t$ Shall lie i'etiii'iieil to Nqi. Gi-£iliÉllll C.
Pi'e 5 Ivill Triist oi. if tlii5 Ti-i15t li¢15 ￿'L.1) fiiici1i5L"Ll, tliL"Il to tlie PI'L, Cliai-itablL' SLItILllILlIt.

io.
THE ASSOCIATION FOR POST-NATAL ILLNESS
INVES'I"MENT POI.ICY STATEMENT
COKtTINUED
Approi'al and Review
8.1 Tlii5 1iii'estmeIit Polici. Statement Nl'¢l.s appi-OlTed b!, the full Coniiiiittee of the Associclti()11
for Post-ll<llcl1 Illiiess to proi'icle a frameii'ork For the iiiaiicigenieiit of it% rL'SC'ri'es. Thi.%
Ini'estiiient Pc)lic)' Ivill be rei'ieiyeil on an ani)ual basis to ensure contiiiuing
appropriclteness.
Ayi)ri)i.'ed by Iht. Finai)ce CommillLL'
jITlleL
1)4ilLL1- -uL
DeF,I
/lili)>ilL'<I b!, Ilie Coi)I n)illee ol. Ilie A$41)¢iAliun

INDEPENDENTT EXAhllNERS REPORT
TO THE TRUSTEES OF THE ASSCEIATION FOR P￿T-NATAL ILLNESS
I report oli the fiiiclticial slaleinent5 of die Association for tlie )'ear enLletl.31 Nlarcli ?02) 11,l)icli are set oiil
on FiagL5 8 to "14.
Respectii'e responsibilitics of council n]em￿r5 cind examiners
The chciriti s council members are responsible for the preparation of the accouiits. The},
coiisiiler that an aiiilit is not rc'ciuireLI for this i'Lar uncler sLYlioii IU(2) of tlie Cliarities Act ?011
(tliL. 2011 Act) ciiiil that an inilependent exaiiiination is nee(le(l.
Et is Inii rLsponsibilit}' to-
exaniine accc)iints uiiller section 14i of thc, 2011 Act-
to folloiv the prc)ceclures laicl Lloii'n iii tlie gTL'llL'i'¢il Directions gyji'c'i) bi, tlie Chciriti,
Coiiiiiii88ion uniler sectioii 14)(?) (b) of tl)e 2011 Act- aiid
to state M.hether particulclr niatters liai'e come to mi, attiiitioii.
Bclsis of inL1ep)eiiLleiit ex¢11niner s report
M!, LX1¢ 1))Ill<lti()n li'<15 carrieil oiit iii accorLlancL ii'ith tlie Geiiercil Dirc'cti()ii% Ly ji'Ln bi, tlie Clicll-iti,
Coinini84io)ii. Ali exciininatioii iiicliicles a rei'ieii, of the acc()uiitingi TL'CC)l-L15 kL'Plt bi, tlIL ch<ll-iti'
aiiLI a coiiiF)cifis()n ()E the clCCOUllts preseiiteil Il'ith thosc rLYor£ls. It cilso Tl)cIIiL1L'S C()ii%iIILfclti(iii
of aiii, iiniisuic l itLJm5 c)r ilisclosiires iii tlie accouiits anil seekiiigy explaiicltions fi'(IiM I'OU Ic S
ciiiiiicil iiic'iiibers coiicei-iiiiig aiii. siicli Iiiatters. ThL pr()cL'clui-cs uiiLIL'I-tcikL'n Iqc) not pir(ii'iclL
,111
tlIL o'i'iilL'IicL' Iliclt ii'c)iilil be reqLiireil iii ali aiiLlit aiiil consL'quc)ntli' IlTe Llc) nc)l expii-e55 ali auclit
c)piiii()ii (In tlie i'ieii. xii'en b), tlie accouiits.
InilepenLleiit exaniiiierfs Statement
In coiinccti()ii M'illi nil, exaniiiiatioii, iio iiiatter lias coiiie to n)I' 4lttL'ntioii.'
ii,liicli gil'es reasoiiable causL to [￿IlL1'l th<lt 11)i cll!, illcltei'icil i-L'spTrect Ilie reiiiiii-eiiietits to
kl￿.￿1 clCCOllIltiiig recorLls in accorilaiice ii'itl) SL'Ctic)n 110 of the 2011 Act,. aiii1 to kll'epiai'e
,Iccc)iiiItS IITliicli accorLI ii'ith the accountiiig recortls Iiiid coniF)li' ii'itli tlie accoiiiitiiig
i-L'Liuireiiients of tlie 2011 Act, hai'e iiot beeii iiiet- or
2. t() M,Iiicli, iii iiii, op)tiiion, attLlltic)ii slic)ulil be Llraii'ii iii oi-Lqer to eiiable a piropier
Liiiilei'stciiiiliiig of tlie accoui)ts to IK i'cachc'cl
M Bclrrl, Boi'Llell F
Cliclrtei-eLI Accc)iiiitaiit
146B Cliisii'ick Higyli Roclil
LoiiLIoIi
W4 IPU
iy
?02)

12.
THE ASSOCIATION FOR p￿T-NAl'AL ILLNESS
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 11 MARCH 2025
Uiirestricted
general
fund
Restricte(I
funLI
202?
2024
liicoine anLI expenLliture
Inconiing resources..
Gi-aiits clnd iloiicltions
FuiiLI1'clisiiig
liii'estiiieiit incoine
PLibliccltiOll Slc les
(2)
18,?77
18,277
16,670
(4)
52,900
52,900
41,26i
Total iiicoining resources
74,?90
74,290
Res()Iii-ces expeiiilecl-
Fiiiiili'c1isiiig
Direct clicll-itiible expeiiLliture
Mic Liageiiient <lllLI <iclministration (6)
407
64.101
2L)C)
64,101
Total resoiirces ex¥ieiicleil
83,808
88,I0i
Net iiicoiiie/ (expeiiilitiire)
(9,i18)
(9,)18) (26,75?)
Valiie cilljiistiiient in respiect OE
iiii'estiiieiits - Liiiresti'ictecl
(c))
36.346
70,?11)
NLt iiicoiiiiiig i-esoiirces
for tlie )'ear
26,828
4.3,764
Balaiice bi'ought foriirarLI at
I AF)I' jl ?0?4
l.j2? 381
I,j??,181 1,478,617
31 Mcll'cli 21)??
£ I.￿9.?09
£- £ 1,349,?1)9 £ 1,5?? Isi
Tliere (ire iio recogiiisecl gic ins or lo_sses other tliaii as Lli5cIcise(l aboi'e.
TIIL 11()ti)s ()11 tlIL' l()11()Il'Tiig pages Ic)rni pai't c)t tl)ese (iiiaiicial stiltL'niL'nt%.

THE ASSOCIATION FOR P￿T-NATAL ILLNESS
BALANCE SHEET
AT 31 MARCH 202)
Notes
?j
2024
FIXED ASSETS
T<iiigyiblc IixLcI clSSL'ts
(8)
6,974
Inii¢.slments
(9)
1.469,6
1.433,281
1.476,638
1.440,257
CURRENT ASSETS
Debtors
Casli at baiik anLI iii haiiil
(io)
(li)
1,230
7.3,i41
74.791
81,??4
CREDITORS.. cllllOLllIts fcilliiig
Lliie withiii oiie i'ecir
(12)
(2.220)
NETCURRENT ASSETS
NET A55ETS
£ 1.?49,209
£ 1,5?2,381
Repii-eseiiting=
Uiii-esti-ictecl Eiiiiil
Lstricteil fiiiiil
1,549,209
1,??2,381
£ l.A9,2(V)
£ 1,5?? 381
TIIL tii)aiicial .statetiieiits ii'ere aFIFiroi'eLI bi. tlIL. Cc)Iniiiittee on
()ii it4 bc'li¢ill bi.:
f4
?0?) aiicl .sigiiLLI
Icirke
Cliciiriiiaii
Clare Delpiecli
Treasiirer
TIIL l)l)tL'S (111 tIIL' l()Ilc)ii'iiig F)axe% fc)rii) i)art OF tliese friiiaiicial stcltLIllL'lIts.

THE ASSOCIATION FOR POST-NATAL ILLNESS
NOTES TO T14E FINANCIAL STATENIENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Statutory information
TIIL A%sC)Cicilic)11 Eor Post-Natal Illness is an unincorp)orclted cissociatioi), c1omicilecl iii
EiisJlcl1i111( l)Il Ivales, ii'itli a registerecl cliariti, iiuinber ?80ilU. TIIL I'egTl%tLrLLI i)ffice is 145
Dclll'CTrS R()ciil, Fulhaiii, Loniloii, SW6 7EB.
Statement of compliance
TIIL. Eiiiclllcilc I st<ilL'iiILnts h<ll'e iwn prepared iii accorilciiice i%Tiih Accouiiting clllLI
RLPQ)rtiiig bi, CliciritiL's'. Statenieiit c)f Reconiiiieiiiled Prclctice applicable to cliai-ities
PI'CP£11'111g tlieir account5 ii) accorLlaiicL' M'ith the FiiiaiKial Reportii)g Staiiilai'LI app)licable
in the UK {FRS 102) (Lffcctii'e l J¢iniiari' 2019) (Cliclrilies SORP (FRS 10?)), tlie Fiiiaiicial
RLP()rtiiiby Staiiclai'il <lP)pIic¢iblL' iii thc, UK (FRS 102) cinil tliL' cl￿rItIeS Act 2011. Tliere MFei-e
iio iiiatLrial clLparturc's fi'oin the stanilclfil.
The Associatii)n foi. P08t-Ncltcil Illness inLets tlic, clL.fiiiition of a public beiiefit eiititi, uiiilei-
FRS 10? A8set8 <71)Il liabilitlL>S arc initialli, recogniseil al liistortcal cost or ti-aiisactioii i'alue
uiiles8 otherii'i8e 8tateil in tlie i'elei'ant accounting polic!, iiote.
ThL f inaiicial statL'Il)L'nts are prepareLI in sterling, ii'hicli is the fuiictioiial CLlI-reiici' of tlie
TIIL Ti'ustLL'S hai'l rLI'ieii'eLI tl)e Cliariti s fiiiancial positioii to ensui-e it is appi-opii-iatL to
FIL-()Iliice tlie ciccoiints on a goingy concern basis.
Income recognition
ItLlllS (if iiicoiiie cli-e recognis&l in tlie finlc ncicil stcltenienls ii'hei) (111 of tlic folloii'iiig
critei icl (ire Iiiet-
tlie Cliilriti, lic15 eiilitlL'mL'nt tc) thL funils-
aiii. piei-t"oriiiaiice coiiilitic)ns licli'L been iiiet or are full3, iiiiiliin tlicJ c()Iiti-c)l (If tl)L
Cliill Iti tliere is sufficieiit certaiiiti. thic t rL*L"iP?I (if tEie iiicc)Inc' 1% CL)1i5iIILI-Lil pi-()bciLIlL
aiiil
tlie aiiioiiiit cali be iiie<isiirL'Il rL.liribli'.
Goi'LI'IIIIILlIt byl-aiits al'e i-ecc)bTiiisecl c)ii tIiL' PL'i-fi)i'liic111ce iii()cli.I, ii'liLlI tlIL clicll'iti, liic S
cDIiiplieil ii'itli ic Iii. coiILlitlOllS clttcicliiiib7 tci tlIL' gFI-<int Ic lill tliL gi'clllt ii'ill bL' rL'cLii'LLI.
Expenditiire recognition
ExpieiiLlilLlI'e 1% i-ecciLTlli5eLI oi)ce tliere is a legcil or coiistructii'e obligatioii to iiiake p)ai'iiieiit
to a tl)iril Picirti., it is pirO￿lbIe tliat settleiiieiit ii'ill t￿ rixiuii'cxl aiiLI thl aii)ount C<ln l)L"
iiieasiii-eil i-eliabli,.
ExpeiiLlitLlI-e iiiclLILles tliose co.st8 of a Llirect iiatiii'e ii'hich cali Ix, 11()catc£l to cl SPIL'cific
,Ictii'ili'. It 11181) incliiiles inilirect CC)5ts. incliiiling gi)I'i'riiaiice costs tliic t 110 iiot l-Llclle tc)
-5PIL'ciIic 4lCtii'iti' but <lfL iiecessclri. t() suy)port tl)c'in. Suiipiort C0515 cli-e clFI
ioI-tiOllL'II t() L'cl
Ictii'ili. ()ii tlic. bcl%l4 1)t staft tinie.

15.
THE ASSOCIATION FOR P￿T-NATAL ILLNESS
NOTES TO THE FINANCIAL STATENIENTS
FOR THE YEAR ENDED 11 MARCH 20?)
CONTINUED
I. ACCOUNTING POLICIES
CONTINUED
Depreciation:
DL'prLClcltic)n 15 proi'iLleLI clt rates calculateL4 to Il'rlte off tlie cost of fixL'i1 c15SL'ts, less theii.
estiiiiate rL)SiLlual i'alue, oirer their expccteil useful lii'es at tlie follc)ii'ing i'atLS=
Coiiipiitcrs
OEfice eLiiiipmeiit
OEfice fiirniture anil Eittiiigs
li% per annuni (re(qucing balance)
2)% per aimuiii (r￿lucIng balance)
1?% per annuiii (reducing balance)
Investments
FIXL'II assit iiii'estnients are shom'n at current iiiarket i'aluation.
Jiidgements and key sources of estimation uncertainty
lii tIIL' .IF)p)Iiccltioii ot tliL Cliariti s accoiintiiib pi()licies, the Ti'ii8tLYS are rei]Liireil to Illclke
jiiilgyL'IiiLI)ls, c'.8tini¢ltL'.S IlllLI assiiiiipitioiis abolit tlie carri'ingv i( IllC)Ullt ot assets aiiLI liabilities
that ¢lfL 11()t i'eaLlili' ap)k)areEit froiii otlier sources. Tlie cstllllcilL).4 aiiil associateil
c 4.8uniptioii_8 al'e baseil oli liistorical expierieiice (incl othL'r filctors tliat are coJisideieLI t() be
i'L'liitant. Actual resiilts iiiai, Lliffer froni tliese estinicltLJS. Tlic Lstiiiiate_s aiiol uiillerli'iiig
,i4%iiiiiptiOl)8 <ifL I'LI'iLlI'eil oli ali oiigoiiig basis. Rei'ision5 tc) accoiiiitiiig estiiiiates cll'e
rL)C()LYIIiSLLI in tIIL' PLrioil iii ii'liicli tlie estiiiiate is rei'i%L'cl Ni'liLre tlie rei'i5iC)ii alELcts ()iil!'
Iliclt FIL'I. j(Iil, ()r iii tIIL PLfAoLI of tlie rei'ision anLI fuliii-L' p￿rIOlI5 M,liei'e tIiL I'L'I'lSiI)n IiftLYt.s
botli cui'i'L'iil clllil tiitiire perioils.
TIIL, Ti'ii%lL)L).4 11() ii()t c()iisiiler tliere to be ani. estiin1c tLs or jULlgeiiieiits tliat arL) critical to
tlie kiiiciiicial 5tatc'ii)ents.
GRANTS AND DONATIONS
?O?j
21)?4
Cliai-itable Trusts
Cor
(irate:
D}'er's Cc)IllFTrclli!' Chcll'itable Trust
2,301)
OtIILr Doiicltioiis
.1. j87
),426
Iiiilii'iiliials..
Rc)L)L'l't anil Li'nette Craig
4.(Xl()
Aiiiciiints unilLr £? OIM)
7.690
4,744
£ 18,?77
£ 16,670

16.
THE A5￿)CIATIoN FOR POST-NATAL I LLNESS
NOTES TO THE FINANCIAL STATENIENTS
FOR THE YEAR ENDED 31 MARCH 202i
CONTINUED
FUNDRAISING
2025
2024
Funclraising ei'ents
INFVES"I"MENT INCOME
202i
20?4
Dii'iileiiLI iiicome
Bciiik interest L'eceiiTable
Iiii'estiiient incoiiie
1,265
40,(1()o
S2,￿2
£ 52,(X)O
£41 ?65
DIRECT CHARITABI.E F.XPENDITURE
UiirLStricted RestricteL1
fuiids
funds
Totcil
202?
Tc)Icil
Scilai-ies aRILI fees pai'.IblL'
Priiitiiig aiiil p05tclgCTr of booklc'ts
Telepilioiie anil intLrnet
ALl1'erlisiiig
?0,417
6,64()
2,79.3
4,242
6,619
6,666
2,67L)
1.60LI
4,242
£ ￿,10]
£ 64,101 £ 64,2.43

17.
THE AS%)CIATION FOR POST-NATAL ILLNESS
NOTES TO THE FINANCIAL STATEh4ENTS
FOR TFIE YEAR ENDED 11 MARCH 202?
CONTINUED
NIANAGENqENT AND ADMINISTRATION
Uiirestricted Restrictecl
funds
Eunds
Total
2025
Total
2024
Professional Eees
AccouLltanc}'
Depreciation
ReIit, rcltes aiiil other office costs
Mc)I'Liig cc)51
Bciiik cliarges
SuiiiAri' expenses
2.134
2.220
2,220
2,100
12.IW6
2iO
967
967
72
£ 19,300 £ 23,573
TOTAL RESOURCES EXPENDED
Staff
Ollier
costs
T()tal
Total
20?4
costs
FIiiiLl1-aisiiig
Dii-ect cliaritcilile ex¥ieiiclitiire
Nqaiiageiiient ancl ciclniiiiistration
407
1.3,684
407
64.101
?99
iO.417
£ iO.417 £ 33.3I)1 £ 83.808 £ 88,10)
I'ANGIBLE FIXED ASSETS
Furiiiturc.
Office
aiiLI fittiiigs e(]uipiiienl Coinputc'rs
Total
Co.s1'.
At l Ai)ril ?0?4
ALlilitlOllS
6,3?7
21109
11,877
I,i&S
At 31 N.111 rcEI 20??
6,1?7
4,377
lI￿T/
Dep)i'eiialic)n'.
Ill i Apiril ?0?4
Clicirge fc)r Ilie i'e<ir
1,861
6?9
9.? j.I
At.11 Nlarih ?0?)
3,474
2,492
9,616
1?,57?
At I l N larcli ?0? j
£ 1,88)
£ 7,009
At31 Ilcirili ?0?4
£946
L 6,974

18.
THE ASSOCIATION FOR P￿T-NATAL ILLNE55
NOTES TO THE FINANCIAL STATEN,IENTS
FOR THE YEAR ENDED.31 MARCH 202?
CONTINUED
INVESTMENTS
202?
2024
Bcllclnce brought forTh'arLI
AIqLlitic)iis
Fair iTaliiL aLljiistment
1,4.3.3,283
1,0?3,347
309,417
£1,469,6?9
£ 1,471,?81
Tlie A550ciation's ini'estinents cirL' niclllilgeil bi, Ailaiii & Coiiiyiani, of Ecliiibiii-gli aLILI
coiiipirisL pirincipalli, ec]iiities anil bc)1i11s' tlie piortfolio is stateLI cl1 closiiiL7 Iiiarket i'aliie aiiol
il% relateil iIii'estiiieiit accoiint is slioii'n uncler iiote 11 casli clt bcink aiiLI in licliicl beloFI'.
10. DEBTORS
2024
PL'L'Pcll'iiieiits
1.2iO
1,2?()
£1,2?0
11. CASH ATBANK ANDIN HAND
20?4
CAF Bcink Ltil accouiits
HSBC yilc chciriti, accouiit
Nic twest pilc i-eseri'e accoiiiit
Ailcllll & Coiiipani. ini'estiiieiit accoiint
PLtIi' CcisII
11.298
14,660
1.37?
loo
loo
£ 7.3,i41
£8?974
i?
CREDI-foRS: ani()iiiits fallin
Lliie ii'ithin c)nc l'ear
202?
?0?4
Aciriials
11. TRUSTEES REN4UNERATION AND AVERAGE NUMBER OF EMPLOYEES
T?-u4tL'es <ll-L Ilot reniLiiiercltL'LI ()thL'r tlicin iii oiie C<ise. Nqrs Diaiie Nehn)c i'LYLii'L'cl £7,872
12024= £11,0808) for seri'ice5 renLlereLI <15 clLlniiiiistrator. h.lrs Lii. IAlise rccc'ii'c'il £1,79(I foi-
st<iEf SLIFiport seri'ices.
I'lie ai'ei'age iiumber of eiiipilol'ees, incliicliiig Triistees L'iiIFII[)i'eil iiiiilei- coiitracts of
L I'I'ICL IS i {?0?4= i). No eiiiploi'ee receii'e(I reiiiuneration cllllC)UlltillgT to niore tliclt fC)O,l)l)O
iii Litl)I'r i'Lclr.

19.
The following page does not form part of the statutory financial stateinents.

THE ASSCKIATION FOR P￿T-NATAL ILLNESS
DETAILED INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 11 MARCH 2025
202i
2024
INCOME
LegTaci', grants clllil ili)nations
FLIIILlr¢ll.sing
liii'L'sliiiLnt Income
18,277
16,670
i2,900
74,?90
LESS EXPENDITURE
Accoiiiitaiici, teL's
Pi'ofessioiial & legal
DepreciatLOII
SLiiiil1'1' expenses
Pi-iiitiiig, postclLTC' of bc)()klLts
ALII'LI'tiSillb
Relit, rcltes ciiicl other c)ffice costs
2,220
2,234
2,1(M)
4,77)
967
6.649
4,242
12.()96
?(1.417
72
6,666
1,600
14,-3?9
TelLplioiie aiiil iiiternet
Baith cliai-ges
28.3
FLiiiIIi'clLsiiig
407
299
(81,808)
(88,IOi}
{DEFICIT) ON ORDINARY AcfivITIES
£ (9,?181
£ {26,7ii)