BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11091909 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 62,447 15,980
Cost of sales: ( 12,899 ) ( 6,545 )
Gross profit(or loss): 49,548 9,435
Administrative expenses: ( 25,251 ) ( 11,316 )
Other operating income: 7
Operating profit(or loss): 24,304 (1,881)
Interest payable and similar charges: ( 56 ) ( 33 )
Profit(or loss) before tax: 24,248 (1,914)
Tax: ( 4,746 ) 295
Profit(or loss) for the financial year: 19,502 (1,619)

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 6,741 4,094
Total fixed assets: 6,741 4,094
Current assets
Debtors: 4 15,600 442
Cash at bank and in hand: 7,309 2,464
Total current assets: 22,909 2,906
Prepayments and accrued income: 1,149 1,305
Creditors: amounts falling due within one year: 5 ( 7,220 ) ( 4,731 )
Net current assets (liabilities): 16,838 (520)
Total assets less current liabilities: 23,579 3,574
Provision for liabilities: ( 1,281 ) ( 778 )
Total net assets (liabilities): 22,298 2,796
Members' funds
Profit and loss account: 22,298 2,796
Total members' funds: 22,298 2,796

The notes form part of these financial statements

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 May 2024
and signed on behalf of the board by:

Name: Ms S L Walker
Status: Director

The notes form part of these financial statements

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Plant and machinery - 25% on reducing balance Computer Equipment - 33% on cost

    Other accounting policies

    Taxation for the year compromises current and deferred tax. Tax is recognised in the income statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 5,444 5,621 11,065
Additions 1,951 3,187 5,138
Disposals ( 414 ) ( 105 ) ( 519 )
Revaluations
Transfers
At 31 December 2023 6,981 8,703 15,684
Depreciation
At 1 January 2023 2,630 4,341 6,971
Charge for year 978 1,293 2,271
On disposals ( 259 ) ( 40 ) ( 299 )
Other adjustments
At 31 December 2023 3,349 5,594 8,943
Net book value
At 31 December 2023 3,632 3,109 6,741
At 31 December 2022 2,814 1,280 4,094

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 13,800 0
Other debtors 1,800 442
Total 15,600 442
Debtors due after more than one year: 0 0

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 110
Trade creditors 102 30
Taxation and social security 4,243
Other creditors 2,765 4,701
Total 7,220 4,731

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Loans to directors

Name of director receiving advance or credit: Ms S L Walker
Description of the transaction:
A loan provided by the director for trading activity
£
Balance at 31 December 2022 4,701
Advances or credits made:
Advances or credits repaid: 1,936
Balance at 31 December 2023 2,765

COMMUNITY INTEREST ANNUAL REPORT

BREECH BIRTH NETWORK, COMMUNITY INTEREST COMPANY

Company Number: 11091909 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

We facilitate complete physiological breech workshops. This brought physiological breech teaching to health professionals. This includes obstetricians, junior doctors, midwives, paramedics and students. We also delivered conference presentations offering information on the work we do and original, new research. Our materials have also been used to enable training delivered by others. Part of the role of the Breech Birth Network, CIC, is to support others to attend further training days and teach with us. Assisting with teaching helps embed new skills, enabling others to facilitate training in their own places of work. Breech Birth Network, CIC, has donated time, software, online capacity and teaching materials to support the NIHR-funded OptiBreech Care Trial (NIHR300582), which will enable the methods taught in our study days to be tested in a clinical trial. Dr Walker's time to put the materials into an on-line teaching package was funded by an NIHR Advanced Fellowship. In return, Breech Birth Network, CIC, maintains the right to distribute these teaching materials through this not for profit channel.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 May 2024

And signed on behalf of the board by:
Name: Ms S L Walker
Status: Director