Charity registration number 1202656 (England and Wales)
Company registration number 12159738
MY PERIOD LTD.
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
MY PERIOD LTD.
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Ms Celia Hodson
Ms M Brown
Ms M L Drabble
Charity number (England and Wales)
1202656
Company number
12159738
Principal address
Unit 43 Hopper Way
Sandy Lane
Diss
Norfolk
IP224GT
Registered office
Unit 43 Hopper Way
Sandy Lane
Diss
Norfolk
IP224GT
Independent examiner
Waveney Accountants Limited
T/as Newman & Co
Chartered Accountants
4b Church Street
Diss
Norfolk
IP22 4DD
MY PERIOD LTD.
CONTENTS
Page
Trustees' report
1 - 2
Independent examiner's report
3
Statement of financial activities
4
Balance sheet
5
Notes to the financial statements
6 - 11
MY PERIOD LTD.
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
- 1 -

The trustees present their annual report and financial statements for the year ended 31 August 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

The objects of the charity are for the public benefit:

 

1) the prevention or relief of period poverty among people who menstruate, anywhere in the UK, in particular but not exclusively, by providing free period products (including sustainable pads, tampons, pants, cups or other disposables where they are needed) to anyone who has a period (no matter how they identify) who cannot otherwise afford them.

 

2) the advancement of education UK wide in the subject of menstruation and period protection, creating awareness around the benefits of improved period health.

My Period Ltd works on the prevention and relief of period poverty among people who menstruate anywhere in the UK, in particular but not exclusively, by providing free period products to anyone who has a period (no matter how they identify) who cannot otherwise afford them. The charity is also focused on the advancement of education UK wide in the subject of menstruation and period protection.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance
Significant activities and achievements against objectives

- accessible period products

My Period promotes period equality and period dignity for women, girls, and everyone who menstruates, working to ensure that lack of access to menstrual products never hinders anyone's ability to fully participate in daily life.

This year, My Period has focused on developing our award-winning PickUpMyPeriod app and the app’s map has grown by 31%. The app is thriving and ready to grow further to reach more people and encourage greater access to free period products for those who need them. We were delighted to join the Ministers in Stormont Castle 13th May 2024 for the launch of the ‘The Period Product (Free Provision) Act (Northern Ireland) 2022’ and for the PickUpMyPeriod app to go live with over 300 new pin points, representing the nationwide access to free period products via all public libraries and mobile libraries across Northern Ireland.

PickUpMyPeriod app was created in collaboration with Scottish Government to tackle period poverty responding to the needs of those struggling to afford or access period products. PickUpMyPeriod is a world-first and since it’s launch in January 2022, the app has become a frontline smartphone solution communicating and enhancing the provision of publicly accessible free period products across the UK. The app now has over 2,500 live pick-up location pin points and onboarding continues - settings delivering accessible, continuous, and dependable supply for those in need, via local distribution across the UK. My Period collaborates with a wide range of stakeholders including Scottish Government, The Executive Office, Libraries NI, over 30 local authorities, Hey Girls CIC, community partner networks and other period poverty action groups and charities to provide access to free period products across the UK.

The app is free to download and is responsive to the user’s experience at pick-up points with the aid of the Feedback Form. The app also provides the user a private and safe space to explore the Advice Links section with signposts to a wide range of support as well as substantial information about periods. The www.myperiod.org.uk website compliments the app to enable access to all of the app’s information and resources for non-smartphone users.

We believe that access to period products and education is a right, not a privilege. For everyone to have positive conversations about periods and to experience period dignity. The My Period education programme Now we’re talking… provides free downloads and support resources. Our agile Train the Trainer model empowers teachers / community workers to deliver sessions withing their community and is positively received with good reviews. The website also builds workplace period dignity focused resources and will be developed further as a resource hub for education materials.

MY PERIOD LTD.
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 2 -
Financial review
Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

At the end of the year, unrestricted reserves were £12,355 and restricted reserves were £Nil. Reserves are held to ensure the charity can meet all the expense obligations.

Structure, governance and management

The charity is a company limited by guarantee, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Ms Celia Hodson
Ms M Brown
Ms M L Drabble
Recruitment and appointment of trustees

New Trustees are appointed by existing members of the Board. Future appointments are likely to be selected from the Charity's existing pool of supporters and will be closely associated with the charity and supportive of its ethos and objectives.

Induction and training of trustees

New trustees will be inducted into the charity following their appointment by an existing member of the Board. If necessary, training will be provided in order to ensure that they are able to fulfil their obligations as a trustee.

The trustees' report was approved by the Board of Trustees.

Ms Celia Hodson
Trustee
23 May 2025
MY PERIOD LTD.
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MY PERIOD LTD.
- 3 -

I report to the trustees on my examination of the financial statements of My Period Ltd. (the charity) for the year ended 31 August 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

W T Goddard FCCA ACA CTA
T/as Newman & Co
Chartered Accountants
4b Church Street
Diss
Norfolk
IP22 4DD
23 May 2025
MY PERIOD LTD.
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2024
- 4 -
Unrestricted
Unrestricted
funds
funds
2024
2023
Notes
£
£
Income from:
Donations and legacies
3
3,900
5,001
Charitable activities
4
14,030
-
Investments
5
208
-
Total income
18,138
5,001
Expenditure on:
Charitable activities
6
23,977
3,831
Total expenditure
23,977
3,831
Net income/(expenditure) and movement in funds
(5,839)
1,170
Reconciliation of funds:
Fund balances at 1 September 2023
18,194
17,024
Fund balances at 31 August 2024
12,355
18,194

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

MY PERIOD LTD.
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 5 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
11
2,804
4,695
Current assets
Debtors
12
284
10,353
Cash at bank and in hand
10,167
4,046
10,451
14,399
Creditors: amounts falling due within one year
13
(900)
(900)
Net current assets
9,551
13,499
Total assets less current liabilities
12,355
18,194
The funds of the charity
Unrestricted funds
14
12,355
18,194
12,355
18,194

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the trustees on 23 May 2025
Ms Celia Hodson
Trustee
Company registration number 12159738 (England and Wales)
MY PERIOD LTD.
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
- 6 -
1
Accounting policies
Charity information

My Period Ltd. is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit 43 Hopper Way, Sandy Lane, Diss, Norfolk, IP224GT.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles Incorporated 9 November 2022, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The charity was registered on 6 April 2023. The period 1 September 2022 - 5 April 2023 of the comparative data was before the charity was registered and encompass the values and goals of the now registered charity and this is reflected in the expenditure above.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
MY PERIOD LTD.
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
1
Accounting policies
(Continued)
- 7 -
1.5
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 are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% straight-line
Computers
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

MY PERIOD LTD.
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
1
Accounting policies
(Continued)
- 8 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Other
3,900
5,001
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Income
Sale of services
14,030
-
MY PERIOD LTD.
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 9 -
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Interest receivable
208
-
6
Expenditure on charitable activities
Expenditure
Expenditure
2024
2023
£
£
Direct costs
Depreciation and impairment
1,891
1,967
App development
15,531
-
Event & workshop delivery
2,425
-
Computer costs
552
473
Subscriptions
2,286
-
Accountancy
-
793
Telephone
240
483
Other charitable expenditure
87
115
23,012
3,831
Share of support and governance costs (see note )
Governance
965
-
23,977
3,831
Analysis by fund
Unrestricted funds
23,977
3,831
7
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
965
-
Depreciation of owned tangible fixed assets
1,891
1,967
8
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
MY PERIOD LTD.
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 10 -
9
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
3
1
There were no employees whose annual remuneration was more than £60,000.
10
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 September 2023
7,935
2,971
10,906
At 31 August 2024
7,935
2,971
10,906
Depreciation and impairment
At 1 September 2023
4,761
1,450
6,211
Depreciation charged in the year
1,587
304
1,891
At 31 August 2024
6,348
1,754
8,102
Carrying amount
At 31 August 2024
1,587
1,217
2,804
At 31 August 2023
3,174
1,521
4,695
12
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
30
-
Other debtors
254
10,353
284
10,353
13
Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
900
900
MY PERIOD LTD.
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 11 -
14
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 September 2023
Incoming resources
Resources expended
At 31 August 2024
£
£
£
£
General funds
18,194
18,138
(23,977)
12,355
Previous year:
At 1 September 2022
Incoming resources
Resources expended
At 31 August 2023
£
£
£
£
General funds
17,024
5,001
(3,831)
18,194
15
Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

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