Caseware UK (AP4) 2024.0.164 2024.0.164 Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-30Fiona Jane Clark Diane Wendy Danzebrink Vikram Sinai Talaulikar67982023-06-28falsenot blank002024-06-30 14967965 2023-06-27 14967965 2023-06-28 2024-06-30 14967965 2022-07-01 2023-06-27 14967965 2024-06-30 14967965 2023-06-28 14967965 c:RegisteredOffice 2023-06-28 2024-06-30 14967965 d:CurrentFinancialInstruments 2024-06-30 14967965 c:FRS102 2023-06-28 2024-06-30 14967965 c:AuditExempt-NoAccountantsReport 2023-06-28 2024-06-30 14967965 c:PrivateLimitedCompanyLtd 2023-06-28 2024-06-30 14967965 b:Trustee1 2023-06-28 2024-06-30 14967965 b:Trustee2 2023-06-28 2024-06-30 14967965 b:Trustee3 2023-06-28 2024-06-30 14967965 b:TotalEndowmentFunds 2023-06-28 2024-06-30 14967965 b:TotalEndowmentFunds 2024-06-30 14967965 b:Activity3 2023-06-28 2024-06-30 14967965 b:Activity3 b:TotalEndowmentFunds 2023-06-28 2024-06-30 14967965 b:TotalUnrestrictedFunds 2024-06-30 14967965 b:TotalRestrictedIncomeFunds 2024-06-30 14967965 c:FullAccounts 2023-06-28 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 14967965
Charity number: 1208828










MENOPAUSE RESEARCH AND EDUCATION FUND
(A company limited by guarantee)







UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2024

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the Charity, its Trustees and advisers
 
1
Trustees' report
 
2 - 4
Statement of financial activities
 
5
Balance sheet
 
6 - 7
Notes to the financial statements
 
8 - 12

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE PERIOD ENDED 30 JUNE 2024


Trustees
Fiona Jane Clark, Chair (appointed 28 June 2023)
Diane Wendy Danzebrink, Trustee (appointed 28 June 2023)
Vikram Sinai Talaulikar, Trustee (appointed 28 June 2023)

Company registered number
14967965

Charity registered number
1208828

Registered office
Calder & Co
30 Orange Street
London
WC2H 7HF

Accountants
Calder & Co
Chartered Accountants
30 Orange Street
London
WC2H 7HF

Page 1

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE PERIOD ENDED 30 JUNE 2024

The Trustees present their annual report together with the financial statements of the Charity for the period 28 June 2023 to 30 June 2024The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

a. Policies and objectives
 

The principal objective of the Charity is to improve the health and wellbeing of all those who go through menopause by delivering evidence-based education and information, advocating for menopause health services, and supporting research that will advance and improve menopause care. 
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
 

b. Strategies for achieving objectives
 

To achieve our charitable objectives, we implement the following strategies:
• Hosting regular educational programs for healthcare professionals
• Delivering evidence-based information for consumers
• Regularly communicating with professionals and the public via social media or in person
• Raising awareness and support for investment in research
• Advocating for better menopause policies and services
 

c. Activities undertaken to achieve objectives
 

We have held 3 educations days for healthcare professionals (HCPs) on menopause educations 
          covering 16 topics with 8 speakers and worth 8 CPD points for HCPs attending. 
   
• Doctors and trustees hold regular live chats on social media answer people’s questions.
• We have produced fact sheets that are downloadable.
• We attend conferences as speakers or to raise awareness.
• We have started a petition and lobbying to ensure funds are ring-fenced for menopause research.
 
 

Page 2

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)
 
Achievements and performance
 

a. Main achievements of the Charity
 

During our first year 800 medicals professionals have been educated, and awareness has grown, and we are regularly asked to attend events to speak. 
 

b. Key performance indicators
 

The Charity generates income from donations and events. In the period to 30th June 2024 income of £9,216 was received. 
 

c. Review of activities
 

Launched website
• Organised and hosted live online educational events
• Development downloadable information
• Spread awareness 
 
 

d. Investment policy and performance
 

The Charity has no investments apart from bank deposits in the form of donations from individuals and groups who have held fund raising events on our behalf.
 

Financial review
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

Structure, governance and management
 

a. Constitution
 

Menopause Research and Education Fund is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
 

b. Methods of appointment or election of Trustees
 

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
 

c. Organisational structure and decision-making policies
 

The Charity is managed by the Trustees. All decisions are made by the Trustees at regular meetings. The Charity has no employees.
 

Page 3

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)
 
Structure, governance and management (continued)

d. Financial risk management
 

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
 

Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial period. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees and signed on their behalf by:


................................................
Fiona Jane Clark


................................................
Diane Wendy Danzebrink


................................................
Vikram Sinai Talaulikar

Date: 12 March 2025

Page 4

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)

 
 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE PERIOD ENDED 30 JUNE 2024


Unrestricted funds
2024
Total
funds
2024
Note
        £
        £
Income from:





Donations and legacies

2

5,604

5,604

Charitable activities

3

3,612

3,612

Total income
9,216
9,216
Expenditure on:





Charitable activities

4

5,817

5,817

Total expenditure
5,817
5,817

Net movement in funds
  
3,399
3,399

Reconciliation of funds:

  



Net movement in funds

  

3,399

3,399

Total funds carried forward
  
3,399
3,399

The Statement of financial activities includes all gains and losses recognised in the period.

The notes on pages 8 to 12 form part of these financial statements.

Page 5

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)
REGISTERED NUMBER: 14967965

 
 
BALANCE SHEET
AS AT 30 JUNE 2024


2024
Note
£

Fixed assets
  

  
-

Current assets
  

Cash at bank and in hand
  
7,857

  
7,857

Creditors: amounts falling due within one year
 8 
(4,458)

Net current assets 
  
 
 
3,399

Total assets less current liabilities
  
3,399

Net assets excluding pension asset 
  
3,399

Total net assets 
  
3,399


Charity funds
  

Restricted funds
 9 
-

Unrestricted funds
 9 
3,399

Total funds
  
3,399

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

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

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.





 

Page 6

 
MENOPAUSE RESEARCH AND EDUCATION FUND
 
(A company limited by guarantee)
REGISTERED NUMBER: 14967965

 
 
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:




................................................
Fiona Jane Clark



................................................
Diane Wendy Danzebrink



................................................
Vikram Sinai Talaulikar

Date: 12 March 2025


The notes on pages 8 to 12 form part of these financial statements.

Page 7

 
MENOPAUSE RESEARCH AND EDUCATION FUND

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.Accounting policies

  
1.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Menopause Research and Education Fund meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
1.2

Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

  
1.3

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

  
1.4

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


1.5

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

Page 8

 
MENOPAUSE RESEARCH AND EDUCATION FUND

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.

Income from donations and legacies



Unrestricted funds
2024
Total
funds
2024
        £
        £
 


Donations

5,604

5,604


-

-



3.

Income from charitable activities



Unrestricted funds
2024
Total
funds
2024
        £
        £



Events

3,612

3,612



4.

Analysis of expenditure on charitable activities


Summary by fund type



Unrestricted funds
2024
Total
2024
        £
        £



Support costs

2,397

2,397

Governance costs

3,420

3,420



5,817
5,817

Page 9

 
MENOPAUSE RESEARCH AND EDUCATION FUND

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.

Support costs



Unrestricted funds
2024
Total
funds
2024
        £
        £

Computer costs

97

97

Printing, postage and stationery

10

10

General expenses

307

307

Training

714

714

Travel expenses

281

281

Subscriptions

293

293

Insurance

695

695

Total 2024


2,397
2,397


6.

Governance costs



Unrestricted funds
2024
Total
funds
2024
        £
        £

Accountancy fees

2,940

2,940

Professional fees

480

480



3,420
3,420


7.


Trustees' remuneration and expenses

During the period, no Trustees received any remuneration or other benefits.



Page 10

 
MENOPAUSE RESEARCH AND EDUCATION FUND

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

8.



Creditors: Amounts falling due within one year


2024
£


Other creditors
1,518

Accruals and deferred income
2,940

4,458


9.

Statement of funds


Statement of funds - current period

Income
£
Expenditure
£
Balance at 30 June 2024
£

Unrestricted funds




General Funds - all funds

9,216

(5,817)

3,399
 


10.

Summary of funds


Summary of funds - current period

Income
£
 
Expenditure
£
 
Balance at 30 June 2024
£
 
General funds

9,216

(5,817)

3,399
 

Page 11

 
MENOPAUSE RESEARCH AND EDUCATION FUND

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

11.

Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted funds
2024
Total
funds
2024
        £
        £


Current assets

7,857

7,857

Creditors due within one year

(4,458)

(4,458)

Total 


3,399
3,399




12.


Related party transactions

During the year, donations amounting to £6,243 were received and expenses of £2,469 were paid through the personal bank account of Fiona Clark. These transactions were undertaken due to the Charity not having a bank account set up at the time. At the balance sheet date, the amount of £1,520 is repayable to Fiona Clark. The trustees confirm that these transactions were in the best interest of the charity and no personal gain was made. 

Page 12