arity registration number295696 IEngland and Wale51 THE NEONATAL NURSES ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION LEGALAND ADMINisfRATIVE INFORMATION Trustees Drjtty MTS K Mainwaring Mr C P Oarby Mr5 K Gallagher Ms K Haryey Ms E S Lakhan-Hettor MT S Javed Ms R McKeon-Carter M5 T N2irawa Oppon8 Ms L Lewis Ms G Carter (Appointed 10 Marth 20251 (Appointed 10 March 20251 (Appointed 10 March 20251 Charlty number IEngland and Wales) 29S696 Reg15tered office 9 Ri%*r5ide Wharf Dartford Kent England DAI 5TN Independent ex•mlner Oliver Re FCCA ACA Jarnes Todd & Co Limited Drayton House Drayton Lane ChKhesier West sussex En8lar P020 2EW Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION CONTENTS Page ChairpÈrson'$ 5tstement Trustees, report 2-11 Independent exarniner's report 12 Statement of flnancial activities 13 Balance sheet 14 Notes to the financial statements 15-23 Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION CHAIRPERSON'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 Me55a¥e from ourchair, Katie Galla8her It is with great honour that I present my first Chair's Report. haying taken on the role at the beginning of this reporting period. SteppinE into thi5 Posltion has been both a privileee and a responsibility. and l am deep grateful for the opportunity to represent the Neonatal Nurses Association INNAI during what has been an exrraordinary year. This year ha5 been marked by sienificant activity across the neonatal landscape. Nation31 reports, reviews, and the launch of the lfvyear plan have kept us all focused on ensuring that the voice of neonatsl nursing Is heard at the highest levels of decision-making. 13rn proud that the NNA has been present at so many meetings and group5 across the UK. championin8 the expert15e and dedication of our members_ Our Special Interest Groups have lone from strength to 5treTh8th_ The NNSIG successfully launched their Ga5troschi5is Best Practice Standard. settin8 a benchrnarkfor care and collaljoration. We also celebrated the launch of our Family Inte8rated Care SIG, further embeddin8 family-inte8rated care into our professional frofflework. Internationallyi we 5UPPOrted member5 to attend the COINN conference in Denmark, enwrirbE that UK neonatsl nur5in8 continue5 to contribute to and learn from 8lobal dialosue. Closer to home, our sell-out two-day tohferente in Derby was a highlight, brin8in8 totether colle¥gue5 from •cross the country to share knowledEe, innovatiofi. afid inspiration. We also £elebrn¢ed excellence through our annual awards, retognising the outstandin8 contributions of neonatal nurses. Another milestone was the ltyunch of our iritertyctive ¢8reer framework, a t(K)I desi8netl to support professional growth and progression and prornote nurse retention and recruitment. Flnallyp l extend enormous thanks io Roisln M¢Keon-Carter her trnfisformational leadership over the past three years. Her vlsion and commitment have laid sifong foundations for us to build upon. Together, we look forward to another year of pro8ress. coltsborniion, and impact. Messa8e from ourchlef Exec1¥¢, Cheryl Thhetlv This year has been exceptionally busy, ¥nd ag¥inst the l)a¢kdrop of mational ¥nd &lob81 ch¥llen&es, the NNA has )chieved steady Érowth. Our strenhened membership offer has prompted Iate¢ engagement, ensuring that members feel supported and connected. We have continued to prioritise both well-being and learnin8 Opportunities. delivefin8 events that have been well received and highly valued by our Community. Most Importantly, our membership ha5 Èxpanded. We e1hled to welwme $0 many new colleagues into the NNA- The Greater our Number, The Louder Our Volcel Mrs Katie Gallagher Chairperson Date.. 1011212025 Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual rewrt and financial staiements for the yearended 31 March 2025. The financial ststements hève beÈn prepared in ac£ordancÈ with the a£countin8 policies set out In note I to the flnanclal statements and comply with the charity's 8overnin8 document. the Charities Att 2011 and "Accounting and Reporting by Ch8fltles.' Statement of Recommended Prattice applicable to charities preparing their accounts In accordan with the Financial Reporting Standard applicable In the UK ènd Republic of Ireland IFRS 1021" (effective l January 20191. Objerti¥es and activities The Neonatal Nurses Association 15 an indeFendeTht national organisation representin8 neonatal nurse5 and steered by neonatal nurses. We are a stron8 communrty who work tO8ether to enhance standards, influence policy, and promote well- bein8 for nurses, and the babie5 and families they care for. Vlslon All neonatal nurses are supported to feel confident and valued thelr roles to ensure all babies and their famllles experlence optimal neonat31 care. M1551on We work to ensure every neonatal nurse Is supported to be the best nurse they can be. Values We are open, Incluslve. Innovative, committed and supportl¥*. Ourcore Alms All neonates and their famllies receive optimal ca As we work to support èll neonatsl nurses to be the best nurse theycan be. we believe thls will result In optlmal care provlsion for all bables and families. Neonatsl nurses. wellbelng and professional development Is prioritlsed The NNA offers education events, holarshIpS and awards io promote and celebrate professional development. The NNA consistently highlights the challenges experienced by neonatal nurses due io workforce pressures, and the lack of tlme and fundln8 afforded to nurses for trainlng and further education. Neonatsl nurses are represented regional and natlonally The NNA Ss a valued contrlbutor represeniing neonatsl nurses ai local, national and internatlonal forums and meetlngs, influencing change. informing policy and ensuring thar the neonatal nursing voice is heard. Public benefit The trustee5 have paid due re8ard to guanCe issued by the Charity Commi55ion in decidin8 what activitie5 the charity should undertake. The Team The NNA team continues to stregnthen a5 we strive to grow the SUPkK)rt and development opportunitie5 we provide our member5. This year we were delighted tt> welcome Gemffla Carter arKI Lucie Lewis on to our Executive Board of Trustee5. Lucie ha5 joined a5 our NNA Cymru Chair. and Gemrna ha5 joined a5 Chair of the NNA in Northern I14nd - both are very welcorne. We said a fond farewell to R0i5in McKeon-Chdir a5 Chaif. dnd Eoin Farrell a5 an Executive Board Member. We are incredibly grateful to Roisin & Eoin fortheir cornmtttnent tothe NNA. We would like to thank all our Executive Boafd Mernbets for continuing to deditate 50 tnuch time and care to the increasing itnpact of the NNA. Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Our staff team of S lall working time hours) cemaiThs dedicated and comprises of Becky Kennedy, Becky Hine, Stephen Henden, Kirsty de Wet and Cheryl Titherlv. NNA In Northern Irdand. Chalr Gemma Carter Helen Mushipe. NNA Nl Commtee Member. was supw)rted by the NNA to attend the COINN confence in Denmark as the NNA In Northern Ireland representative. Victoria Craig was also supported by the NNA to attend the COINN Conlerence In Oenmark as an NNA Grant reclpient. You can ad more about Vittorla's experience of this conference here. NNA Cymru. Chalr Lu¢le Lewls Cheryl Titherly, Chief Executive of the NNA is workin8 in partnership with Health Education and lrnprovernent Wales IHEIWI and Chairing an All-wales Group of neonatal nurses aNI edv¢otots to ¢ate an All-wales QIS Standard document. Lucy Duncombe antl NHS England have kindly given permission for the group to yse the NSHE Qis Standard as a base document to promote true cross-border siandards. This document will be edited ar nuanced to fully reflect neonatal senfices across Wales. Our Neonaral Transport Slfj Chair, Pairick Turton. has been supporting 2 Wales-based NNA scholars. Cl8lre Rlchèrds and Beihan Jones wlth their scholarship projert. Rhian Smlth, NNA Cymru Committee Member was SUPkX)fled by the NNA to attend the COINN COnfence in Denmark as the NNA Cymru representative. You Can ad more about Rhian's expÈrience of this conference here. Loro Alexandra was also supported by the NNA to ottend the COINN Confen in Denmar as an NNA Grènt reclplent. You can reèd more thls under'NNA Grants.. Achlevernent5 and performan¢ Endorsemerts The NNA recognises and highll8hts educational events and resources through NNA endorsements. All endorsed events and resources are relevant to the continuing professjonal developmeni ICPDI of neonatal nurses and AHPS. and Improve the neonatal experSence for staff, babies and their famllle5. NNA endorsement is based on a thorou8h review process. If you are planning an e¥eTht or creatin8 a resource that you would like us to consider, please ger in touch via admin Thna.o .uk or visit our web5iie for more information- www.nna.o endorsements Current endorsements: Feedin Your Bab Brea5tmilk Produced and parent of a child born with OAnOF. TOFS- BaStleeding guide produced for TOFS by Kate Yardley, Re615tered Midwife NeoThaial Transitional Care Pro ramme- A 12-week proerarnme that provide5 Participants with the fundamental knowledge and skills required to care for infants and families in a transitional or special care setting. Sensor Be A Neonatal Nurture Course desiened to help neonatal professionals understsnd the role of sensory prLKessinE in early human development. Neonatsl Practitioner Trainin Modules-An initiative by the neonatsl nutrition network for SulFSaharan Africa. eci The National Neonatal Palliative Care Project airns to improve comple¥ and palliative care, en5urinE babies and their farnilies receive equitable consistent ca. Lactation After Loss. Choices for Bereaved Parents In this tWLFweek course frorn The Newcastle upon Tyne Hospltals. NHS Foundation Trust. learn how to help parents understand their llictstn options following pregnancy and baby1055. Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Yorkshire & Humber Neonatal ODN - The Yorkshire and Humber ODN Neonatal Foundation Programme aims to provide the newly qualified nurse with knowledge and skillsthat underpin neonatsl nursing care. The Butterfl Pro ecr- Online education course focusing on the feeliry and exper1erS of parent5 who experience loss of one baby or more from a multiple pregnancy. Ps cholo on the Neonatal Unit- DooJment wrttten by the lead Neonatal Clinical Psychologists who are funded to help implement the recommendations of the Neonatal Critical Care Review. eech and Lan ua e Thera in fqeonatsl Care-This review paper ha5 been wrrtten on behalf of The Royal College of Speech and Language Therapists IRCSLTI. A guide on how to implernent a communication tool for pain mana8ement in your NNU.. This is a 8uide to implernentin8 an evidence-based communication tool about procedural pain estimation and manogernent for neonatal staff and parents in your NNU called Prepare, Support, Protect. NOAH.. An innovative approach to mana8in8 suspected early-onset Infertion in newborns. Neonatal Oral Antibiotics at Horne INOAHI allows eli8ible newborn5 Wlth Suspected early-onset infection IEOII to transitlon Irorn intravenou5 IIVI antibiotics in the hospital to oral antibiotics at home after 36 hour5. Collaborntlon$ & Jolnt Worklo8 The NNA ha5 continued to collaborate with many innovative and in5pirin6 Partners over the past year. These opportunitie5 have enabled us to ampllfy neonatal and eTh5ure that Thur5e5 are able to Use their expertise and experience to influence chan8e and shape the future of our profe5510ri. Collèberation remains èt the heart of our work. We represent fieofiatal nurses at 8•Onl1 and national meetlngs and forums, offerlng insight antl perspettive on behall Of our member5. We artively enurle individua15 and organisation5 to engage wlth the nursing voi¢e when developin4 8uidonce, drafting docurnents, or makin8 tlecisitsns that affect the neonatal workforce, babies, and families. Through our members, the NNA provides that viial ¥oice - ensuring fieomtal nvrsini expertise is recogrtised, valued, and embedded in the decisions that matter most. Examples of the ¢ollaborations from the financial year 2024125 include.. NHS Resolution MIS (Maternity In¢efitNe 5¢hemel- represented by NNA Member Dianne Keeling and NNA Executive Mernber Kelly Harvev ftepSente by NNA Executive Member Kelly Harvey within the Tr fm Collabor¥tetl with the Neon•tal lrnplementation Board INIBI via represent•tive Katie Gallagher INNA Chairl to implement re¢ommentlations of the Neonatal Critical ca Review. Represented by NNA Chair K•tie Gallagheron the UK Neorbatal Partfier5hi Board Collaborated with the National Bereavement Care Pathwa NBCPI to help ernbed bereavement Care standards in units oiross the UK, represented by 2 NNA tnembers.. Jat4uÈlineJohnstone & Jo Cookson Worked alon85ide the NHS on the NHS Resolution setvice. Collaborated with Progress in Partrbetship IPIPI on 2 unit listening events. Represented by NNA Executive Mernb2r Colm Darby & Katie Gallagher, Chair ol thE NNA Working with the Maternity and Neonatal Stakeholdercouncil, fepresented by Katie Gallagher. Chair of the NNA Collaborated with NHSE to inforrn thÈirQiS Standard5. tÈpresented by Exe(utive MetnbÈr, Kelly Harvey. Worked in Partnership with Heakh Education and IProveMent Wales IHEIWI and neonatal nurses and educator5 across Wales to create the All-Wale5 Qis Statbdard dotuttbEllt. TepTesented by NNA Chief Executive, Cheryl Titherly Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Worked In partnership with BAPM to develop their integrated Iramework for palliative care in perinatal medicine, represented by ExecutNe Mernr Katie Galla8her. Supported BAPM'S work to create their framework around pain management, represented by NNA member Maria Pureza Laudiano-Dray. Collaborated with NNAP (Data Group) via 2 member representsti¥es Catherine Nash & Jacqueline Johnstone and on their Project board. represented by NNA Executive Member, Colm Darby. Collaborated with the Race Heah Observatory. represented by NNA Executive Member, Tendai Nzirawa Collaborating with BAPM to create their framework in DelOpMents1 Care. represented by NNA Members Ailie Hod8son and Debbie Hunt HBIG in infants < 1.Sk8 zuidance development group, represented by NNA Member Jeanette Moore We 5UPPOrted research through the KaTr8arc4) Care ExFert Advisory Group, represented by NNA Mernber Victoria Craig We supported the COLLA80RATE Study. represented by NNA Memter Di Mccarter We have worked closely with the Council ol International Neonatal Nurses ICOINNI, represented by NNA Executive Memberjulia Petty We have 5UPPOrted the Avoidable Brain Injury in childbirth steerin8 group. represented by NNA Member Mary Anne Ryan We are represented on the Steerin8 Board of the National Neonatal Research Datsba5e INNRDI by NNA Chalr, Katle Golla8her Intérartlv• Cartef Framework lor Ne¢)natal Nu[ Through our collaboration with GIRFT IGettin8 It Ri8ht First Timel. and wrf(h the leadership ol NNA Executlve Member Kelly Harvey (Lead Nurse on the GIRFT Neonatol Workloe Report) we are proud to launch our Interactive Career Framework for Neonatsl Nursin8 this year. The Framework hl8hli8hts the breadth ol role5 Wlthin the specialty. desi8ned to support recruitrnent and retention by showcasin8 the diverse opportunities available to neonatal nurses. It features neonatal nurses 5harin8 their own experlences, alon85ide re50urce5 tailored to the different career pathways within the profession. FOR NEONATAL NUR$D4e FOR NEOPIATAL Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Member Events -study days are expensive and getting funding can be complicated. Neonatal nurses who a part of NNA can access lots of cheap orfree study days", NNA Member This year we have hosted more than 40 online and in person events coveriTrB a wide ranee of topics including Caring for Extreme Preterm Infants, tsctation after Loss, Supportin8 Families after an H.l.E event and The Neonatal Journey from the Siblin8 perspective. We have also offered many sessions to provide safe spaces to discuss, understand and Improve staff wellbeing in addition to practical sessions on submrttiTh8 abstracts and rnanaging AP4P4P portfolios. 1,6(x) delegates re8lStered for these event5 over the year. 'Fanta5tic webinar, really useful for pTrctice_ Looking lorward to sharin8 the learnin8 Wlth collea8ues.' (Attendee. Lactstion after L0551 'Thank you for providing thi5 free education and continuing to influence professionals in their approach to neonatsl carel It makes a hu8e differencel, (Attendee, Sen50ry 8eginnin851 All the tOPiC5 covered in this webinar We all very helpful to goirb more knowled8e and 5ki115' lattendee, NNSIG Ga5troschislsl 'Great presentation and Such important work to share., IAtteThJee, Pain Managernentl NNA ANNP and Annual Conlr•n¢• Thi5 year we held our first in-person 2-day coDfereDce, which sold out orb i)th days, We had great 5UPPOrt frorn our 5ponsor5 and are Incredibly grateful to our 5peaker5, workshop leads and conlerence plannin8 team5. oth day5 evaluated very well and left delezate5 feeling supported and ener8i5ed. You can See further feedback here. r..-.r.-.r.. G1EATE¥Er tyE SH•II ILTIEP4DEES HIG PLW%E4SifM1411%tI RESET4TATlJtI Ey NNA Scholarships We launched our scholarships in 2021 and since then we have had the privilege to provide support for 23 member5 and their important projects. Find out more about this year's winners below. Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Research Scholarship- Jannine Hinglev ATAIN120171 are focusing on four areas of improvements. not only to reduce term admissioTh rate, but to improve the care of jaundice, hypoElycaemia, respiratory conditions and asphyxia. A rerrospeciive audit has been devised of 311 term babie5 born over 37 week5 and admitted to the neonatal unit. The data was analysed in concordance with the guidance for clinical review team questions IATAIN 20171- Within thi5 data rt was evident that a group of baby'5 had a neonatal adm159ion for less than twenty-four hours. The aim of this was to identrfy common reasons for adMissn5. identify factors or ri5k5 leadin8 to admissions arid if the admi55ion was avoidable. Within thi5 audit we aimed to capture the babies who had aTh admission for less than twenty-lour hours on neonates. The author5 wanted to establish.. Common reason5 lor adrnissn Factor5 or risks leadin8 to the adrnission How lon8 the neonate5 were admited for . Was the admission avoidable, or would rt have been woidable with an enhanced TC. RtMar¢h S¢holar5hlp- Yokn Nlshlmurn I have been working as a neonatal nurse lor 10 years in a level 3 unit in central London. Last year, I had an opportunity to work a5 a research nurse on a secondrnent. The research was about neonatsl nurse retention which was very intere5tin8 and I reali5ed our volces need to be heard more, to keep 8oin6 the amazing work we all do for the babie5 and their fornily. I recelved NNA research scholarship thls year to conduct a qualitstive study on neonatal nurses In En8land and Wale5 to further understsnd their experience5 on job 5atisladion, burr1 and irbtent to Stay. The 5horts8e in neonatal nursin8 worklor£e 15 a matter of 8rave concern. In the V.K. overnll 20% of 5hlfts in neonatal unit are currently inadequately staffed. The levels ol appropriate nurse staffin8 are worse in NICUS Ilevel 31 at 66.5% compared to SCU5 t 87.1% IRCPCH, 20241. Nur5in8 Stafl short•8e is o real threat to safe pètient Thi5 Study will supplernent Neonatal nursin8 retention study, a quantitative study u5in8 online survey to rneasure job sat15faction, burnout and intent to stay for neonatal nur5e5 in En8land and Wale5 which is conducted by Dr. Chant at UCL Ichant, K. et 01.. 20241. The study receiveil a1rn05t 1,600 SpOnse5 across Englond and Wales (Thank you to all of you who participatedll, and currently undertaking statistical ¥natysis of the data. In this survey, more than 4 neonatal nurses had additional comments which demonstTate their willirwiess to Sha further information on their experiences, however due to the nature of the study it was not possible io tlo this. The aim of this study is theI0[e to expkjre nutses, experiences of being a neon1 nutse and their satisfaction, th8llen8es and intent to stay. Neonatol Suryery S¢holarnhip- Rhi•nn¢nJones The Surgic31 NNA scholarship is giving me the opportunty to WQTk with parerts. charitie5. SUPPOrt groups and neonatal surgical unit5 to write severol information leaflets on neoThatal surkiial ionditions and construrt a centralised resource ltrtation for pèrents and tlinical stsff. Shared Leamin8 and 8esi Prartice kholatship- Robyn Wilson My name is Robyn and I turrently work on a level 3 intensive tare neonatal unit in the North East of England as an Advanted NÈonatal Nurse Practitioner. For the last 4.5 years I havÈ also wothtsd voluntarily for a tharity tallÈd Born on the Edge with th NÈwborn Care Training Course group. WÈ are a group of nutsesldoctors based atross Sub-sahatan Africa and have developed a 15 module training course for healthcare professionals in b-S8h3ran Africa intluding topics such as resuscitation, fluids, sepsis. We have currently taught this course to 750 heakhcare workers across Uganda, Kenya and Malawi. With the 8ward of thls scholarship. I plan to attend a local centre in e¢her Uganda or Kenya to teach this course in Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 person, this will also help to strengthen my relationships within the group. I would love io be able to return to the UK and disseminate this teaching to bring awareness of low-resource neonatal teachin8on a local, re8ional and national level. l am incredibly grateful for this opportunity from the Neonatsl Nurses AsscKiatv)n and hope to get the most out of this experience over the next 12 month5. Prole55ional Development Scholarship- Richard Maraso Neonatal Tran5POrt Scholarshipt funded by the Kate FaTher Fwndatio This year's scholarship has been awarded to project-group of the Transport Special Interest Group to Breat a Toolkit to support all transport teams acr05S the UK to embed Kana8roo Cuddle Posttion in Neonatal Transport. This was a Scholarship project originally funded by the Kate Farrer Foundation in 2021. This scholarship will help di55eminate and ernbed this practice promotin8 FICare and irnproved outcornes durin8 neonatal tronsters. NNA Grant5 This year we launched our NNA Grants. These were offered to NNA member5 who had submitted an abstract to the COINN conference in Denmark. Winner5 were supported to attend the conference to Showcase their work on an internationèl platform. The winners of our 2 NNA Grants were NNA rnemters Lora Alexandra aThJ Victoria Cra. Lora Said.. This Wa5 my first nur5inB £onference. let alone èn internationtyl confererbce. It Was rnvch easier to subrnit a poster and apply for ¥ 5cholar5hip than I thought. I rnet wonderful people who afe all IoEused tsrb itrbproving r*orbatsl care, Kained a global per5pertive and brought so much information back for evaluation. I felt nervou5 and veryjunior going, but every(Ine wa5 50 welt(Fming and enthu5ia5tic. Thank you to the Neonatal Nurse5 A550ciation for the Grant to attend, and to Lucie Lewi5 for her sUPPOrt. Victoria Craig wa5 a150 SUPPOrted by the NNAto attend the COINN Conference in Denmark a5 an NNA Grant recipient. You ran read more about Victoria's experienie of this conference here. Special Interest Groups 'The NNA brings together tolleagues f[n the neonatal 5peciali5m. The sla1 Interest Groups aTe relevant to the specialism and so valuable, NNA Member Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Financial review The NNA has enjoyed another year of financial stability. supported consistently by the Journol of Neonutul Nursing. Income from membership fees has increased, renectingthe appeal of our strengthened rnernber ofter and the value it provides. This ha5 been a year of investrnent and 8rowth. We have invested directly in our rnember5 by awardin8 scholarships and gr3nts throughout 2024125. In line with our enhanced offer. we reviewed aThd updated our reserves policyi while a150 working to diversify income streams to safeguard financial resilience in what refflairb5 a challenging environrnent for charities. Membership fee5 have been held at £45 for several year5 to rnaxirnise acssibility to the benefits of NNA mernber5hip. However, to ensure lonE-terrn sustainability, we will need to considera modest Incase in the corning year. De5Plte global and national pre55ures, including the Costf-1lvin8 crisis and the Strain on the neonatal workforce, the NNA performed strongly in 2024125. Our continued 8r¢th in membership is a te5tsment to the work we a able to deliver with your support. This year's financial statement tovets the period l April 2024 to 31 March 2025. We a pleased to Confirm that the NNA enter$ the next financial year in è serure and stable wjsitiofi. Reserves pollcv It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be malntèlned at a level equlvalent to between three and six month's expenditure. The trustees conslder that reserves at this level will ensure thar, In the event of a slgnlficènt drop in fundin& they will be able to continue the charity's current activlties whlle consideration is given to ways in which additnal lunds may be raised. This level of reserves has been maintalned throughout the year. Plan$lorlulure perfods As we look ahead io the next 12 months, the NNA will enter a peric4J of listenin8 and review a5 we linalise our new three-year strate8y. Thi5 work has already been shaped by valuable input froffl fflembers and stakeholders throu8h our recent rnember survey and focu5 8roups. We are ea8er to Continue invofvin¥ you in detiThin8 the future priorities of the NNA. Alongside thls, we will take tirne to reflect on what ha5 been ¥¢hieved and to celebrnte our pro8ress and suttesses. In the year ahead, we are cornmitted to creating opportuntties lor ljoth members and non-member5 to 8row personally and profe55ionally. Our award5, Special Interest Groups, and wogramrne of learning event5 will Continue to provide spaces for development, collaborètion, and re£ognition. We will also 5UPPOrt member5 to Share their expertise MO ely* whether through publi5hin8 in our Journal, writing blog5, or otherwise highlighting the out5tandinK work neonatal nur5e5 deliver every day acr055 the UK. By showcasing these contributions, we airn to raise the profile of neonatal nursing thfough recognition and celebration. Finallyi we will ensuTe that the voice of neon¥t¥l nue$ is heaTd at every level ol de¢ision-rnakin8. Involving nurses from the outset in proje¢ts, researth. 8uidan¢e, aNI framewofks is essential to ¢atIng famify-centred. sust8inable plans that truly deliver for those we Ca for. Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 structure. governance and management The trustees who served during the year arbd up tothe date of signaturèof the finèncial statemÈnts were.. Dr J Petty Mrs K Mainwaring Mr C P Darby Mr5 K Gallagher Ms K Harvey M5 E S Lakhan-Hector Mr S laved Ms R MtKeon-Carter Mr E M Fowell Ms T N2lrawa Oppong M5 L Lewi5 Ms G Carter (Appointed 10 hAarch 20251 IResi8ned 3 February 20251 IApw)iAted 10 March 20251 IAppoiThted 10 March 20251 Other rnatttr5 Journal of Neonatal Nur51ng The journal of Neonatsl Nursing IJNNI Is the scientrfic Journal of the Neonatal Nurses A550ciation. Our bi-monthly, research- based journal Is targeted at Industry professionals and Is exclusNely concerned with the advancing care of neonates and their families. This year, the journal ha5 continued to grow in popularity and remains at the forefront of neonatal research. We aim to encoura8e pro8re55 in all areas of neonatal care, including essential practice, management, education and health promotlon, The JNN strongly encourages cooperation btheen profe55iona15' partnerships across roles within neonatal care helps to promote innovation and provide learnin6 opportunities to help Impro ure of neonate5 ond their families, To help our members publish in the INN, we prO¥e online Ye0 guides that include all the information you need to turn your project into a discu55i0n paper. re5e3rch paper, case report or reflection that can be submitted to the JNN. All articles are critically vIeWed by profe55iona15 working in the appropriate fiely. 11 you would like to subrnit your work for publishin8 but you have que5titsn5 about the proces5t please ccntsct Julio Petty INNA Executive Memberl for support •t nn Dear memborn We extend our heartfelt thank5 to all NNA rnembers lor the vital role you play in our shared succe55e5. Your commitment and support have enabled us to represent neonatal nurses with strength and clarity at both regional and national level5. It ha5 been a joy to collaborate with you throu8h our events, Special Interest Groups, 5cholar5hip5, and online platforrn5, where your contribution5 continue to inspire drive progress. Looking ahead, we are excited to welcome many of you to our next ANNP and Annual Conference in October, which is alway5 a highlight in our calendar 4nd a chance to connect, learn. and celebrate together. As we move into the coming year. we remain dedicated to strengthening and growing the NNA. We look forward to working alongside our rernarkable neonatal workforce to shape the lutufe of neonatal cafe. ensvririg that the voice of nur5e5 continue5 to be heard and valued at every level. 10- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 The trustees, report was 3ppro¥ed by the 8oard of Trustees. Mr5 K Gallagher Trustee Date.. 1011212025 Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION INDEPENOENT EXAMINER'S REPORT TO THE TRUSTEES OF THE NEONATAL NURSES ASSOCIATION I report to the trustees on my examination of the financial ststements of The Neonatsl Nurses Assoclatlon (the charity) for the yeèr ended 31 March 2025. Responsibilities and basis of report As thè trustees of the thèrity you art resw)nsiblÈ for iht pparatiOn of the financial statements in atcordancÈ with th requirements of the Charities Att 2011. I report in respert of my exèmination of the charity's financial statements carried ot under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Oirections gwen by the Charity Commission under section 14515llbl of the Charities Act 2011. Independefit examlner's aternent Your èttention Is drèwn to the fact that the charity has prepared the linancial statements in ac£ordance wlth the relevant version of the Stètement of Recommended Practke applicable to charlties preparing their financlal statements In accordance with the Flnèncial Reporting Standard applicable in the VK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended PractKe issued on l April 2(K)S which is referred to In the extant regulatlons but has now been withdrawn. l understand that this has been done in order for the financial statements to provlde true and fair view In accordance with UK GeTher3llyAccepted Accounting Prartice. I have cornpleted my examination. I coThfirrn that no matters have corne to my attention in connection with the e¥amination 81vin8 rne cause to believe that in any material resFect'. accountlng records were not kept in respect of the charity as requlred by sectlon 130 of the Charitles Act 2011. the financial statements do not accord with those records., or the financial statements do not comply with the applicable requiremenis concerning the form and content of flnanclal statements set out In the Chariries Ikcounts and Reportsl Regulations 28 other than any requirement that the financial statements 8ive a true and lair view. which is not a matter considered as part ol an independent examination. I have no ttJncern5 and hove come ocross no other rnotters ih tt+Thr1tin with the examiThotion to which attention should be drawn in this report in order to enable a proper understandin8of the financial statements to be reached. Ollver Read FCCA ACA James Todd & Co Limlted Drayton House Drpyton Lane Chichester West Sussex P020 2EW England Dated-. 1111212025 12_ Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION sfATEMENT OF FINANCIAL ACtIVlTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted lurtd$ fvnds 2025 2025 Total Unrestricted funds 2024 Restrlrted funds 2024 Total 2025 2024 Notes In<tsme and emdowmemis Irom.. Donations and leg8cies Other trading èttivities Investments Other Income 61.547 95.974 1,777 2.955 240 61.787 11)J.024 1.777 2.955 S2,643 43,134 1,793 955 8.234 60,877 43,134 1,793 955 4,050 Total Income 162.253 4,290 166.543 98,525 8,234 106,759 Expendlture on: Rèising funds 56,245 115.485 56.245 115,545 14,853 116,309 14,853 118,154 1,845 Tffjal expendlture 171,730 171. 131.162 1,845 133,007 Net Incomellexpendlturel and movement In funds 19.4771 4,230 1S.2471 132.6371 6,389 126,2481 Reconclllatlon of funds.. Fund balances at l April 2024 128.281 6.389 134.670 160,918 160,918 Fund balances at 31 MaKh 1025 118.804 10,619 129.423 128.281 6,389 134,670 The stètement of financial artivities in¢lu4Jes all gains aThJ kjsses reco8nised ifi the year. All income and expenditure derive from continuing ¥¢tivitie 13- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION BALANCE SHE ASAT31 MARCH2025 2025 2024 Notes Current assets Debtors Cash at bènk and In hand 13 21.849 129.309 ii.sis 142.684 151.158 121.7351 154,199 119,5291 CredltoYs- amounts falllng due wtthln one ¥e¥r Net current assets 129.423 134,670 The funds of the ¢h•tltv Restricted income funds Unrestritted funds Is 16 10.619 118,804 6,389 128,281 129,423 134,670 101121202S The financial statements were approved by the irysiees on......................... Mr5 K Gallagher Trustee 14_ Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charity inforniation The Neonatal Nurses AsxKiation is a charity gIStrred with the Charity Commission of England and Walès. number 295696. The Charity is 8overned by a Trust Deed dated 10 April 1987 as dets11 in the Trustees. RÈport. 1.1 Bas15 of preparatlon The finantial ststements have been pr*paied in attordance with the tharity's Trust Deed. the Charities Att 2011, FRS 102 "The Finèncièl Reportin8 Standard applicable in the UK and RÈpublit of Ifeland- I"FRS 102,1 and the Charities SORP "Accounting and Reporting by Charities." Statement of Recommended Practice applicable to charlties preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 leffertive l January 20191. The charity is a Public Benelit Eniity as defined by FRS 102. The charSty has taken advantage of the provlsfjons in the SORP lor charities Trot to prepare a Ststement of Cash Flows. The financial 5tatement5 have departed from the Charitie5 IAccounts and Report51 Regulations 2008 only to the extent required to provide ¥ true and fair view. Thi5 deptyrtu h•5 involved followin8 the Ststement of Recornrnended Prèctice for charities applying FRS 102 rather than the Ver5)n of the Statement of Retommended Prnctice which is referred to in the Regulations but which has sinte been witFwlrawn. The flnanclal statements are prepared In sterlin& which is the functioThal currency ol the charlty. Monetary amounts In these flnancial statements are rounded to the nearest £. The finèncial statements have been Prepa under ihe historKal cost convention. The prln¢lpal ¥c¢ountin8 poll¢ies adopted are set out below. 1.2 Golnz concern At the time of approving the liTrancial ststements, the trustees have a reasonable expectation that the charlty has adequate resources to continue In operational existence lor the foreseeable future. Thus the trustee5 contlnue to adopt the 8oin8 concern basis of accounting in preparin8 the linancial statements. 1.3 Charitabl¢lunds Unrestricted funds are avallable lor use at the dlscretion of the trustees In furtherance of their charitable oblectlves. 1.4 Infome Income 55 recognlsed when the charity is legalty entfftled to rt after any perfomiance condltions have been met. the amounts can be measured reliably. and It is probable that income will be received. Cash donations are Tecognised on receipt. Other doTrattons are recognised once the charity has been notified of the donation, unle55 performance conditions requi deferral of the amount. Income tsx recoverable in relation to donations received under Gift Aid or deed5 of covenarbt 15 reco8ni5ed at the time of the donation. Legacie5 are recogni5ed on receipt OT Otherwise rf the charrty ha5 been notified of an impending distribution, the amount 15 known. receipt Is experted. If the atrK)unt is not known. the legacy 15 treated a5 a contingent 35set. Membership income is deferred in aCcordae with the length of the membership. 15- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontinuedl 1.5 Expendlture E¥penditure Is recognised once there is a legal or constructive obli8atioTh to transfer economic benefit to a third party, it 15 probable that a transfer of economic benefits will be required in settlemenL and the amount of the obligation can be measured reliablv. Expenditure is classified by activity. The costs of each activity are made up of the totsl of direct Costs and shad costs, including support Costs involved in undertaking each activity- Dirert Costs attributsble to a single activity are allocated directly to that artivity. Shared costs which contribute io rn0 than one activity and sUPtK)rt Costs which a not attributable to a single artivity a apport)ned between ¢h¢he artNities on a ba515 consistent with the use of $our¢e5. Central staff costs are allocated on ihe basis of time spent. and dePCl8t10n charges a all(Kated on the portlon of the asset's use. 1.6 Tanglble fixed assets TanÉible fixed assets a initlalty measured at cost and subsequently MeaSud at cost or valuatlon. net of depreciation and any impairment losses. Depreciation is rett)Bn15ed $0 as to write off the cost or valuation of assets less their resldual value5 over their useful live5 on the followin8 bo5e5'. Computers 2$% Strah1 Ilne The 8ain or loss arisin8 on the d15posal ol an a$5et is determined a5 the difference between the sale proceeds Jnd the carrying value of the asset, and is recognised irb the 5tstement of financial activit5. 1.7 Cash and cash equSvalents Cash and cash equivalents Ilde tosh in hand. deposits held ai call with banks, other short-term liquid Investments with original maturities of three monihs or less. and bank overdrafts. Bank overdrafts a shown within borrowings in 1.8 Flnanclal In5trumerts The charity has elected to apply the provislons of Settion 11 'Baslc Flnanclal Insrruments, and Sectlon 12 '0ther Flnanclal Instruments Issues, of FRS 102 to all ol Tts financial instruments. Flnancial Instruments are reco8nised in the charitv's balance sheet when the charity becomes party to the contractual provisions ol the instrument. Financial assets and liabilities are offset, wrth the net arnounts presented in the tinancial statements, when there 15 a legally enforceable right to set off the recogni5ed amounts and the 15 an intention to sett on a net basis or to realise the asset and settle the liability sirnvltaneou51y. Buslcflnonclalossets Basic financial assets. which include debtors and cash and bank balances. are Initial measured at transaction price including transaction costs and are subsequerltly carried at amortised cost usin8 the effective interest method unle55 the arrangement constitutes a financing transaction. where the transaction is measured at the present value of the future receipt5 discounted at a market rate of interest. Financial assets cla55ified as receivable within one year are not awortlsed. 16- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontinuedl Boskfinonciul Ilubllitles Basic financial Iièbilities. IncludSng credrLors and bank loans are initlally recognlsed at transa£tlon price unless the arrangement constitutes a financing transaction. where the debt instrument Is measured at the present value of the future payments discounted èt a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are sub5equenttycarried at amorti5ed c05t, usingthe effective Interest rate method. Trade creditors are obli8ations to paylor 8oods or 5ervice5 that have been acquired in the ordinary course of operation5 from Suppliers. Amount5 payable are cla55ified a5 current liabilities if payment is due within one year or le55. If not, they are preserited a5 non-current liabilitie5. Trade cdItOrS a reco8nised inttially at transaction price and subsequently measured at arnorti5ed c05t Using the effective interest methotl. Derecoqnition ojfinonciulliobilities Financial liabilities are dereco8nised when the chan5 contractual obli8ath?nsexpire or are discharged or cancelled. 1.9 Employee beneffts The c05t ol èny unused holiday entitlement is reco8nised in the perlod in which the ernployee's servlces are recelved, Termination benefits a recognised immediatety as an expense when the charity is demonstrnbly cornmitted to terminate the employment of afi employee or to provide termination benefits. 1.10 Retlrement beneffts Payments to deflned contrlbutlon retirement benelit schemes are cha(8ed as an expense as they fall due. In¢om* from donatlons and lepcles Unremrfrted funds 2025 Resirfrted funds 2025 T•1 Unremrftted funds 2024 Restrl¢ted fund5 2024 Total 2025 2024 Donations and gifts Grant incorne 55.547 240 SS.787 31,907 20,736 3,734 4,500 35,641 25,236 61.547 240 61.787 52,643 8,234 60,877 17_ Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from other tradlng actfvkSes Unrestricted Restricted funds funds Total Unrestricted funds Restricted funds Total 2025 2025 2025 2024 2024 2024 Membership subxriptions and sponsorships Fundrai51n8 events 43,030 52,944 4.050 47.080 52.944 25,487 17,647 25,487 17,647 Othertrading activities 95,974 4,050 I.024 43,134 43,134 Income from Investrnents Vnrestrfrttd funds 2025 Unrestrlcted fund5 2024 Interest receivable 1.777 1.793 other Income Vnrestrlcted Unrestrlcted funds 2024 2025 Other income 2.955 955 Experbdlture on ralslng funds Unrestrfrted funds Unrestrfrted funds 2025 2024 Fundralslng and publlclty Seeking donatlOn5, grants and legaEies Staging fundraising events 727 56.245 14,126 56,245 14,853 18- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charltable actl¥ltles Unrestricted fund5 Unrestricted fund5 2025 2024 Dlrect £05ts Charitsble expenditure 60 1,845 Share ol support and go¥emance costs (see 81 Support Governance 111.292 4.193 107,667 8,642 115.545 118,154 Analy515 byfund Unrestricted funds- general Restricted fund5 115.485 60 116,309 1,845 115.545 118,154 Support <osts •llou¢ed 10 Xlivltles 2025 2024 Staff c05t5 Website costs Reeruitment costs Admln assistsnce costs Office expenses Awards Scholarship costs Webinartraining costs Editor fees 71,759 7.049 58,995 14,674 640 5,739 7,516 2,800 1,919 10,264 5,000 8,762 5.537 6,453 853 1.712 7,429 io,soo 4,193 Governance costs 115.485 116,309 Anatysed between: Unre5trictÈd fund5 115,485 116,309 19- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activtties Icontinuedl 20Z5 20Z4 Governante costs comprlse.. Audit fees Legal and professional Accountancy Bank fees 1.008 69 1.386 1.730 960 616 1,320 5,866 4.193 8,762 Net movement In lunds 20Z5 2024 The net movemenr In fynds Is stsied after chargin(£redItln8>'. Fee5 payable for the Independent examlnatioTr of the charity's fSnaTrclal ststemeThts 1.008 960 io Trustees None ol the trustees lor any persons connected with theml received arw remuneratlon or benefit5 Irorn the charlty durln8 the year. li Employees The avera8e monthly number ol employees during the year was.. 2025 Number 2024 Number Employmeni ¢oMs 2025 2024 Wages and salaries Other pension costs 70,486 1.273 57,747 1,248 71.759 58,995 There were no employee5 whose aDnual remuneration was more than £60.IXKI. 12 Taxation The charity is exempt from taxaiion on its artivrties Cause all its irKome is applied for chariiable purposes. -20- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Debtors 2015 2024 Amounts falling due within oneyear Trade debtors 21.849 11,515 14 editoys: amourtsfallin8 due within one Vear 20Z5 2024 Other tsxation and 50ciJI security Trade £dItOrS Other Creditors Accruals and deferred income 1,944 4,822 257 14.712 2,082 236 17,211 21,735 19,529 IS Re5trlded lund5 The restrirted funds of the ¢h8rity comprise the unexpended lanCeS ol donations ant4 8rants held on trust subject to speciflc conditions by donors as io h¢iw they may be used. At l Aprll 2024 In¢omln£ Resour¢ •xpenkl•d At 31 Mar¢h 2025 University Hospital Plyrnouth National Neonatal Surgical Interest Group University H05Pltal Bristol and Weston 4,500 2,069 4,050 1889 240 4.050 1601 6.389 4.29) 1601 10,619 Previous ytar: At l April 2025 In¢omini resources Resour¢es expended At 31 March 2024 University Hospital Plyrnouth National Neonatal Sur8ical Interest Group 4,500 1,889 3.734 11.8451 8.234 11.8451 6,389 The Neonatal surgical group previously operated independentty. Ouring the year agreement was reached to incorporate the rnembership within The NNA and the special interest group is to be operated in cooperation with us. Funds were transferred to NNA, and these have been $trIcted to onty be available for NNSIG expense5. 21 Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Restrided lunds Icontinuedl Unlversity Hospltals Pfymouth agreed lunding to provlde free I year Memr$hipS wlth the NNA. Thls may only be used for thls purpose. 16 Unrestrirted lunds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subjett to specific conditlons by donors and grantors as to how they may be used. These include designated funds whlch have been set aside out of unrestricted funds by the trustees for spe(Ific purposes. At l Aprtl 2024 lrt¢omln8 resources Resour¢es expended At 31 M•r¢h 2025 General funds 128.281 162.253 1171,7301 118,804 Pr•vlous y•ar: At l Aprll lOZ3 In¢omln£ Resour¢es •xpend•d At 31 M•r¢h 2024 General funds 160.918 98.525 1131,1621 128,281 17 Analy$l$ of net aM•ts l)etween lunds Unvestrkted funds 2025 Restrfrted funds 2025 Total 2025 At 31 March 2025: Current assetsllliabilitiesl 118.804 10.619 129,423 118.804 10.619 129,423 Unvestrirted funds 2024 Restrlrted funds 2024 Total 2024 At 31 March 2024: 128.281 6.389 134,670 128.281 6.389 134,670 -22_ Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6
THE NEONATAL NURSES ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Related party transattlons Transactions with related partie5 Durlng the year the charity ented into the following transactkjns wrth related partles.. Durin8 the year, the charity received donation5 of £55.24712024.. £31.8461 from NNA Journal Limited, a Iotnpany under the control of the chair of the charity. At the end of the year, the charityowed the iotnpany £Nil12024.. £Nill. -23- Doc ID.. 8l762cfed647b621f3aac198cbod3ed5f8oda6