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|CONTENTS||||
|---|---|---|---|
||||Page|
|Reference and Administrative||Details|2|
|Trustees'
Report||||
|Independent
Auditor's|Report||16|
|Statement
of Financial|Activities||20|
|Balance Sheet|||21|
|Statement
ofCash Flows|||22|
|Notes to the Financial|Statements||23|
|Trustees:|Trustees:||||Ms Roda Ali Ahmed||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Ms Janice Barber (resigned||11 July|2022)|||
||||||Mr Justinian
Ash —Chair|(appointed||1|January|2022)|
||||||Dr Titilola Banjoko||||||
||||||Professor Ged Byrne MBE||||||
||||||Dr Jemima
Dennis-Antwi||||||
||||||Ms Claire Hammond
(resigned 21 June 2023)||||||
||||||Mr Mike McKirdy||||||
||||||Mr Jonty Roland||||||
||||||Mr Hugh Risebrow||||||
||||||Professor Valerie Fleming|(appointed|||1 January|2022)|
||||||Professor Rosalind
Raine|(appointed|||1 January|2022)|
||||||Ms Elaine Green (appointed||14 March||2023)||
||||||Mr John Headley
(appointed||8 May|2023)|||
||||||Dr Julia Terry (appointed|30|March 2023)||||
|Chief|Executive:||||Mr Ben Simms||||||
|Company||Secretary:|||Ms Jacqueline
Mutibwa||||||
|Registered|||Office:||86 —90 Paul Street
3"Floor||||||
||||||London||||||
||||||EC2A 4NE||||||
|Independent|||Auditor:||Moore Kingston
Smith LLP||||||
||||||6'i' Floor||||||
||||||9Appold Street||||||
||||||London||||||
||||||EC2A 2AP||||||
|Charity|Registration|||No:|1113101||||||
|Registered|||Company|No:|05708871||||||
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Note|f|F||E|
|Income from:||||||||
|Donations
and legacies|||2|47,583||47,583|114,171|
|Charitable
activities|||3|364,562|3,643,167|4,007,729|5,894,234|
|Investment
income|||4|528||528|20|
|Other income|||5|121,638||121,838|68,168|
|Total income||||534,311|3,643,167|4,177,478|6,076,593|
|Expenditure
on:||||||||
|Raising Funds||||117,696||117,696|143,890|
|Charitable
activities||||273,911|3,775,497|4,049,408|4,956,042|
|Total expenditure||||391,607|3,775,497|4,167,104|5,099,932|
|Net income/(expenditure)||||142,704|(132,330)|10,374|976,661|
|Transfers
between|funds||16a|251,567|(251,567)|||
|Net movement
in|funds|||394,271|(383,897)|10,374|976,661|
|Reconciliation
of|funds:|||||||
|Total funds brought||forward|16a|561,755|2,096,003|2,657,758|1,681,097|
|Total funds carried||forward|16a|956,026|1,712,106|2,668,132|2,657,758|
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||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note||||F|
|Fixed assets||||||||
|Tangible assets|||12||2,154||7,695|
||||||2,154||7,695|
|Current assets||||||||
|Debtors|||13|160,757||1,343,848||
|Cash at bank and|in|hand||2,900,090||2,138,007||
|||||3,060,847||3,481,855||
|Liabilities||||||||
|Creditors: amounts||falling due within one year|14|(394,869)||(831,792)||
|Net current assets|||||2,665,978||2,650,063|
|Tote I net assets|||||2,668,132||2,657,758|
|The funds ofthe|charity|||||||
|Restricted
income|funds||||1,712,106||2,096,003|
|Unrestricted
income||funds:||||||
|General funds|||||956,026||561,755|
|Total charity funds|||16a||2,668,132||2,657,758|
||||Note|2022|2021|2021||
|---|---|---|---|---|---|---|---|
|Cash flows from operating
activities||||||||
|Net cash provided
by operating|activities|||762,308||1,237,164||
|Cash flows from investing
activities:||||||||
|Interest received||||528|20|||
|Purchases
oftangible
fixed assets|||(753)||(1,866)|||
|Net cash used in investing
activities||||(225)|||(1,846)|
|Change
in cash and cash equivalents||in|the year|762,083||1,235,318||
|Cash and cash equivalents
at the|beginning||ofthe year|2,138,007|||902,689|
|Cash and cash equivalents
at the end of|||the year|2,900,090||2,138,007||
|Reconciliation
ofnet movements|in fund||to net cash flow from operating|activities||||
||||||2022||2021|
|Net income for the reporting
period|||||10,374||976,661|
|(as per the statement
offinancial|activities)|||||||
|Depreciation
charges|||||6,294||8,674 .|
|(Gains)/losses
on investments||||||||
|(Increase)/decrease
in debtors|||||1,183,091|(288,277)||
|Increase/(decrease)
in creditors|||||(436,923)||540,126|
|Interest received|||||(528)||(20)|
|Net cash provided
by operating|activities||||762,308|1,237,164||
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|2|Income fro|m|donations
a|nd lega|cies|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Total Funds|Total Funds|
|||||||||||||2022|2021|
|||||||||||||f|f|
||Donations|||||||||||47,583|114,171|
||Legacies|||||||||||||
|||||||||||||47,583|114,171|
||All income from donations|||and legacies||were unrestricted||in the current and previous||year.||||
|3|Income from||charitable
activities|||||||||||
|||||||||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||||||||Funds|Funds|||
|||||||||||2022f|2022f|2022f|2021
F|
||Programmes||& Projects|||||||4,579|3,643,167|3,647,746|5,434,711|
||Management||fee income|||||||359,983||359,983|459,523|
||Total 2022|||||||||364 662|3643 167|||
||Total 2021|||||||||465 756|5428 478|5,894,234||
|4|Investment|income||||||||||||
|||||||||||||Total Funds|Total Funds|
|||||||||||||2022|2021|
|||||||||||||f|f|
||Investment|income - local cash||||||||||528|20|
||All income from investments|||were|unrestricted||in the current and previous year.|||||||
|5|Other income|||||||||||||
|||||||||||||Total Funds|Total Funds|
|||||||||||||2022|2021|
|||||||||||||f|f|
||Conference|fees||||||||||121,638|68,168|
||All other income was unrestricted||||in the|current and previous|||year.|||||
|6|Expenditure||on raising funds|||||||||||
||Costs of raising voluntary|||income||||||||||
|||||||||||||Total Funds|Total Funds|
|||||||||||||2022f|2021
f|
||Other direct|costs||||||||||17,569|63,329|
||Direct salaries|||||||||||54,475|47,880|
||Allocated
centrally
incurred|||fundraising||and governance||costs||||23,781|20,909|
|||||||||||||95,825|132,118|
||Fundraising||trading expenses|||||||||||
||Indirect salaries|||||||||||21,871|11,772|
|||||||||||||117,696|143,890|
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|Analysis of|gr|an|ts||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Grants to
Institutions|Total Funds|Total Funds|
|||||||||||||2022|2022|2021|
|||||||||||||6|E|6|
|Grants awarded|||to|NHS and||academic partners||||||564,729|564,729|1,464,104|
|Total 2021||||||||||||1,464,104|1,464,104||
|The Charity|has||made the||following||material|grants to institutions|during|the year.|||||
||||||||||||||2022||
||||||||||||||f||
|Name of institution|||||||||||||||
|Addenbrooke's||Charitable|||Trust||||||||67,544||
|Royal College of|||Paediatrics|||and Child Health|||||||49,733||
|Uganda
UK|Health|||Alliance|||||||||121,391||
||||||||||||||238,668||
|Other grants|to|institutions|||||||||||326,061||
||||||||||||||564,729||
|Analysis
of|expenditure
by|||||activities|||||||||
|||||||||Activities
undertaken
directly|||Grant funding
ofactivities|Support costs|Total Funds|Total Funds|
||||||||||2022||2022|2022|2022|2021|
||||||||||6||6|E|E|6|
|Programmes|& Projects||||||||3,210,768|||273,911|3,484,679|3,491,938|
|Grants awarded|||to|NHS and||academic partners|||||564,729||564,729|1,464,104|
||||||||||3,210,768||564,729|273,911|4,049,408|4,956,042|
|Total 2021|||||||||3,263,165||1,464,104|228,773|4,956,042||
|Analysis of|direct|||costs|||||||||||
||||||||||||||Total Funds|Total Funds|
||||||||||||||2022|2021|
||||||||||||||E|6|
|Staff costs|||||||||||||1,243,740|1,300,255|
|Direct expenditure||||on programmes|||and projects||||||1,967,028|1,962,910|
|Total|||||||||||||3,210,768|3,263,165|
|Analysis of|support costs||||||||||||||
||||||||||||||Total Funds|Total Funds|
||||||||||||||2022|2021|
||||||||||||||6||
|Staff costs|||||||||||||131,228|82,401|
|Governance|costs||||||||||||17,003|13,621|
|Administration||and||office expenses|||||||||113,993|122,031|
|Rent and rates|||||||||||||11,687|10,720|
||||||||||||||273,911|228,773|
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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|6|
|Salaries and|wages|||||||1,310,738|1,313,982|
|Social security||costs||||||115,302|102,906|
|Contribution|to defined||contribution|pension schemes||||42,363|42,281|
|||||||||1,468,403|1,459,169|
|The following||number|of employees|received employee|benefits (exduding|employer|pension costs) during the year between:|||
|||||||||2022|2021|
|||||||||No.|No.|
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||||No.||No.|
||Charitable|activities - programme||and projects|||40|45|
||Administration||||||6|7|
||Generating|income|||||1|1|
||||||||47|53|
|12|Tangible|fixed assets|||||||
|||||||Computer||Total|
|||||||Equipment|||
|||||||6|||
||Cost||||||||
||Balance brought||forward|||31,281||31,281|
||Additions|in year|||||753|753|
||Disposals|in year|||||||
||At the end|ofthe|year|||32,034||32,034|
||Depreciation||||||||
||Balance brought||forward|||23,586||23,586|
||Charge for the year|||||6,294||6394|
||Eliminated|on disposal|||||||
||At the end|ofthe|year|||29,880||29,880|
||Net book|value|||||||
||As at 31 December 2022|||||2,154||2,154|
||As at 31 December 2021|||||7,695||7,695|
||All of the above assets are used|||for charitable|purposes.||||
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|13|Debtors||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||2022|2021||
|||||||||||||||||E|6||
||Trade debtors|||||||||||||||36,168|1,031,561||
||Other debtors|||||||||||||||39,924||84,617|
||Prepayments|||||||||||||||18,212||37,585|
||Accrued income|||||||||||||||66,453||190,085|
|||||||||||||||||160,757|1,343,848||
|14|Creditors: amounts|falling||due within|||one||year||||||||||
|||||||||||||||||2022|2021||
|||||||||||||||||8|6||
||Trade creditors|||||||||||||||125,818||214,716|
||Taxalion and social|security||||||||||||||50,772||45,290|
||Other creditors|||||||||||||||183,898||93,533|
||Deferred income|||||||||||||||||411,310|
||Accruals|||||||||||||||34,381||66,943|
|||||||||||||||||394,869||831,792|
|15|Deferred income||||||||||||||||||
||Deferred income comprises|||contracts and||||other||income where the activity to deliver services|||funded|by Ihis income|does not occur until|the following year,|||
|||||||||||||||||2022||2021|
|||||||||||||||||6||6|
||Balance at the beginning||of|the||year||||||||||411,310|||
||Amount released to|income||in|the year|||||||||||(411,310)|||
||Amount
deferred
in|the year||||||||||||||||411,310|
||Balance at the end ofthe||year|||||||||||||||411,310|
|16a|Movements
in funds (current|||||year)|||||||||||||
|||||||||||||At 1 January 2022|Income||Expenditure|Transfers|At 31 December
2022||
|||||||||||||||||f|6||
||Restricted funds||||||||||||||||||
||Johnson
&Johnson|Corporate||||Citizenship||Trust||||49,045||1,413|(52,969)|2,511|||
||Department
for Health and Social Care||||||- CwPAMS|||||(15,538)||634,447|(462,093)|||156,816|
||The Burdett Trust for Nursing||||Grant|||||||100,933||108,000|(156,614)|||52,319|
||Bill & Melinda Gates Foundation|||||||||||72,538||216,739|(127,033)|(2,233)||160,011|
||Health Education
England|||||||||||719,078||630,117|(893,791)|(213,622)||241,782|
||Johnson
&Johnson|Foundation||||Scotland (SM(8}D)||||||256,572||198,570|(234,123)|(18,889)||202,130|
||The Department
for|International||||Development||||(UKPHS)||6,984||15,141|(23,599)|1,474|||
||Fraxinus Charitable|Trust||||||||||9,383||210,000|(61,662)|275||157,996|
||FCDO - Health Partnership|||Capacity Development|||||||(SCCF)|||56,538|(56,538)||||
||Department
for Health and Social Care||||||- FIWP|||||691,527||514,327|(989,492)|(7,282)||209,080|
||Sandoz AG - Novartis Social Business|||||||||||111,922||146,234|(253,553)|(9,074)||(4,471)|
||Global Health Partnership||-|Biomedical|||Engineering|||||18,326||||||18,326|
||FCDO - UK Myanmar
Health|||Fund (UKMHF)||||||||||141,109|(141,109)||||
||EU funded
Syria project|||||||||||||464,020|(60,841)|||403,179|
||Other restricted
funds|||||||||||83,099||99,857|(106,793)|(6,068)||70,095|
||Remote international|Mentoring||||Partnership|||Scheme (RIMPS)|||||50,000|(5,156)|||44,844|
||UNICEF|||||||||||(7,866)||156,655|(150,130)|1,341|||
||Total restricted
funds|||||||||||2,096,003|3,643,167||(3,775,497)|(251,567)|1,712,106||
||Unrestricted
funds||||||||||||||||||
||General funds|||||||||||561,755||534,311|(391,607)|251,567||956,026|
||Total unrestricted|funds||||||||||561,755||534,311|(391,607)|251,567||956,026.|
||Total funds|||||||||||2,657,758|4,177,478||(4,167,104)||2,668,132||
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|Comparative
Stat|ement of Financial Acti|vities (year ended 31|December 2021)|||
|---|---|---|---|---|---|
||||Unrestricted
funds|Restricted funds|Total funds|
|||Note|2021|2021|2021f|
|Income from:||||||
|Donations
and legacies|||114,171||114,171|
|Charitable
activities|||465,756|5,428,478|5,894,234|
|Investments|||20||20|
|Other income|||68,168||68,168|
||||648,115|5,428,478|6,076,593|
|Expenditure
on:||||||
|Raising Funds|||143,890||143,890|
|Charitable
activities|||228,773|4,727,269|4,956,042|
|Total expenditure|||372,663|4,727,269|5,099,932|
|Net (expenditure)/income|||275,452|701,209|976,661|
|Transfers
between|funds|16|58,731|(58,731)||
|Net movement
in|funds||334,183|642,478|976,661|
|Reconciliation
of|funds:|||||
|Total funds brought|forward||227,572|1,453,525|1,681,097|
|Total funds carried|forward||561,755|2,096,003|2,657,758|