GLOBAL HEALTH PARTNERSHIPS
(FORMERLY TROPICAL HEALTH AND EDUCATION TRUSTJ
REpoKf AND FINANCIAL sfATEMENT5
FOR THE YEAR ENDED 31 DECEMBER 2024
CHARITY No. 1113101
OFFICE OF scorr15H CHARITIES No. SC053871
COMPANY No. 05708871

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TROPICAL HEALTH AND EDUCATION TRUST
IA company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 315F DECEMBER 2024
CONTENTS
Page
Reference and Administrative Detsils
Trustees. Report
Independent Auditorfs Report
statement of Financtal Activities
18
22
8?lance Sheet
23
Statement of Cagh Flows
24
Notes to the Flnancial Statements
25

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TROPICAL HEALTH AND EDUCATtON TRUST
IA company limited by guarantee}
TRUSTEES, PEPORT FOR THE YEAR ENDED 315f DECEMBER 2024
Trustees:
Ms Roda Ali Ahmed
MrJustinian Ash
Drfitilola 8anjoko
Drjemima Denni5-Antwi
Professor ValÈrie FlÈmlnE
Ms Elaine Green
Mrjohn Headley
Professor Rosaline Ralne
Dr Julia Terry
Dr15ioma Okolo (appointed li October 20241
Ms Lisa Kelly lappointed 5 December 20241
Mr Joshua Howard (appolntéd 10 Aprll 20251
Chief Executlve:
Mr Ben Simms
Company Secretary:
Dèputy Company Secretary:
Ms Joanna Green
M5 Donna Pryor
Registered Office..
86-￿ Paul Street
3 Floor
London
EC2A 4NE
Independent Auditor
Moore Kin8Ston Smith LLP
6th Floor
g Appold Street
London
EC2A 24P
Charity Registration No:
1113101
Offteè of Scottish Charities No:
SC053871
Reglstered Company No:
05708871

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TROPICAL HEALTH AND EDUCAnON TRUST
IA company Ilmited by guarantee)
TRUSTEES, REPORT FOR THE YE4R ENDED 315f DE￿MBER 2024
The Trustees, who are also the Directors of the company f￿ the purposes of the Companie5 Act. present their
Annual Report, which Is also the Dlrectors, report for the purposes (rf the Companies Act. together with the
audited Financial Statements of the company for the year ended 31 December 2024.
The flnancial statement5 comply with current statutory requirements, the requirements of the charity'5 governing
document and in accordan￿ with Accounting and Reporting by Charities.. Statement of Recommended Practice
(Charities SCRP IFRS 10211.
The name of the charity is Global Health Partnerships Iforvnerly Tropical Health and Educatlon Trust).. it is also
known as GHP.
The fullowlng trustees have acted during the year-
Ms Roda Ali Ahmed
Mrjustinlan Ash
Drfitilola BanJoko
Profe55or Ged Byrne MBE1stepped down 31 December 2023)
Drjemima Dennis-Antwi
Professtsr Valerle Fleming
Ms Elaine Green
Mrjohn Headley
Mr Mike McKirdy Istepped down 25 July 2024)
Professor Rosaline Raine
Mrjonty Roland (stepped down 25July 20241
Drjulia Terry
Dr Isloma Okolo (appointed li October 20241
Ms Llsa Kelly lappointed 5 December 20241
Chief Executive- Mr Ben Simms
Company Secretsry: Ms Joanna Green
Deputy Company Secretary: Ms Donna Pryor

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TROPICAL HEALTH AND EDUCAMON TRUST
IA company limited by guarantee)
TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
Introductlon from the Chalr of Trustées
This year ha5 marked a significant milestone in our journey. as we fomally ado
ted a new name and updated our
Memorandum and Artides of Association. that better reflects the spirit of mutuality and shared learning at the heart
of our work. While the name has changed. our mission rooted in the visionary leadership of our founder, Professor
Sir Eldryd Parry-remains steadfast.. to support health workers and strengthen health systems across low- and
middle-income countries through transformative Health Partnership5.
The story of 2024 is one of growth arnidst an ever-changing landscape for global health. Global Health Partnership5
IGHPI has expanded rapid￿, with a near fourfold increase in income since 2022, matched by the growth of our global
team. In December 2024, Global Health Partnerships achieved an exciting milestone by becomin
are
istered charit
in Scotland further enhancing the organisation's ability to foster new collaborations and expand its work In the
country.
These efforts have borne fruit not just within our own or8anisation, but acros5 the Health Partnerships we support.
From Ethiopia to Somaliland. and from Zambia to Syria, we have seen tansible improvements in healthcare delivery,
training, and policy engagement thanks to the work of the health professionals with whom we act. Our impact is
demonstrated in the 19,223 health workers trained, the 7.155 people whose access to healthcare was improved.
and the 103 Health Partnerships strengthened through fundin& convenin& and collaboration. These numbers tell a
powerful story-but behind them lie thousands of acts of dedication. compassion. and courage from health workers
and volunteers across the globe.
This year also brought considerable external challenges. Political instability. conflict. and fragile infrastructure in
many of our programme countries required constant adaptstion. A change in the UK Government, ambiguity around
international development policy and uncertainty around global health funding tested our ability to plan with
confidence and we antiapate significant reductions in 202>2026. Yet through strong governance, sound financial
management, and the loyalty of our partners and donors. we dosed 2024 with our funding targets exceeded and a
financial line of sight extersding into 2026.
Our advocacy work has reached new heights, with high-level engagement in Westminster, the launch of our flagship
report on Universal Health Covera
e IUHCI in UK Parliament on UHC Day and partiapation at the 7P World Health
Assembly with our first ever side event co-hosted with the Government of the Philippines. which championed
sustainable and equitable global health workfor￿. These efforts reaffirm the role of Global Health Partnerships as
not only a trusted Implementer. but a vital Vol￿ in shaping the global health agenda.
In March, we co-hosted the UK-Africa Hèalth Summit alongside one of its founders, Moses Mulimira who has been
leading the Summit for 8years. The event saw over 3¢XJ global health leaders. policymakers, thangemakers, including
diaspora leaders. come together to address the most pressing challenges facing health systems worldwide. The
audience heard from 66 inspirational speakers. Induding the Uganda Ministry of Health Permanent Secretary. Dr
Diana Atwine- High Commissioner ol Kenya to the United Kingdom & Northern Ireland, H.E. Manoah E5ipisu EBS,.
WHO Director of Health Workforce, Jim Campbell.. UK Minister of State for Development and Africa, The Rt Hon Sir
Andrew Mitchell MP; and UK Minister ofState for Health and Secondary Care, The Rt Hon Andrew Stephenson CBE
MP.

GLOBAL HEALTH PARTNERSHIPS - FORMERLYTROPICAL HEALTH AND EDUCATION TRUST
IA company limited by guarantee)
TRUSTEES, JIEPORT FOR THE YEAR ENDED 31" DECEMBER 2024
None of this would be posslble wlthout the extraordlnary thmmitment of our staff, trustees. partners, and
5UPPOrters. I thank eath of you for your energy. your belief in our mission, and your dedication to a world where
everyone, everywhere, can aC￿sS quality healthcare..
As we look ahead, we do sowith darFty of purFK•Seand confidence in ourdirertion.There 15 much to do-and many
uncertaintles still Ile ahead but we remain 8rounded in our values and Insplred by the people we setve. In
honourin8 Sir Eldryd's le8acyi we move forward united, detemiined, and hopeful.
GHP is driven by deeply committed stsff, guided by 12 brilliant Trustees, and supported by a team of dedlcated
Honorary Advisors. l am proud to be aiair of the Board of Trustees at this impaetful and globally respected
organisation. I would like to say a special welcome to our new Trustees 15ioma Okolo. Ltsa Kelly and Joshua
Howard. The Board a5 a whole continues to dedicate enormous 4mounts of time on ? voluntary ba515. Wlth each
Trustee attending a quarterly o)mmittee meetlng in addition to the Board meeting. Thelr contributlon also extends
to other elements ot GHP'S work. Including supportlng wlth the conference5 hÈld during the year, allowlng us to
draw on in5i8ht from residents" of two African countrie5, and diaspjra. as well asthe UK. Finally. I would like to thank
the Chief Executive. Senior Management Team and all other staff and consultants for thèir hard work and
achievements at GHP during the year.
ian Ash
of the 8oardof Trustees
al Health Partnerships
ILI l & I loL(-

GLOBAL HEALTh PARTNERSHIPS - FORMERLY TROPICAL HEALTH AND EDUCAMON TRUST
IA company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 315f DECEMBER 2024
OBJECTIVES AND A￿1v￿lEs
For 35 years, Global Health Partnership5 IGHP and fornierly THET) has been working in partnership to strengthen
health systems and build health workforce capacity in low- and middle-income countries ILMICS). Working closely
with Ministries of HeaFth and in partnership with UK and LMIC health institutions, and as an NGO in (Miaal Relations
with the World Health Organization IWHOI. we strenRthen health systems by responding to local and national
priorities. supporting the training of health professionals. facilitating knowledge exthan8e and the devèlopment of
policy and regulatory environments, and offering thought leadership and project management expertise.
This year. a mid-term review of the 2022-2027 Strategic Plan was completed, informed by a TruSte￿Staff Away Day
in October and with pro bono support from L.E.K. Consulting.
At the centre of our approach is the model of Health Partnerships.. long-term rèlationships between UK and LMICS
health institutions. which improve health services through the reciprocal exchange of skills, knowledge, and
experience. They are rooted in an understanding that equitable relationships between health professionals across
borders can benefit all involved.
This report is strurtLired around our Key Perfomiance Indicators IKPlsl for the reporting period. Staff and partners
reported progress against a set of quantitative targets and qualitative measures. on a quarterly basis for six Enabling
Goals. and every six months on four impact goals.
Our dedicated Evidence and Impart Team gathered regular reports from across the organisation, our programmes
and grantees.
In producing this report. our Board of TrusteÈs tan confirm that they have complied wth the duty outlined in thÈ
Charities Art 2011 to have due regard to Charity Commission guidance on public benefrt.
Headline achievements in 2024
From the evidence we were able to gather we improved access to health services for 7,155
people in low- and middle-income countries {LMICs) in 2024.
We contributed to the training of 19,223 health worker5 in 2024.
We supported 103 Health Partnerships to improve their capacity and effertivene55.
We also supported 507 UK health workers to engage in global health activities throughout the
year.
We have produced 6 piece5 of new evidence and learning and disseminated these internally and
amongst our stakeholders, including our flagship report: Advancing Universal Health Coverage
Through Health Partnerships.
We delivered our online annual conference"Stren
henin
Collective Action for Global Health
in November, with 527 total reglstrants, including 275 from LMICS and attendees from 41
countries.
We hosted the UK-Africa Health summit attended by over 300 global health leaders,
policymakers, and changemaker5.

GL08AL HEALTH PARTNERSHIPS - FORMERLY TROPICAL HEALTH AND EDUCATION TRUST
(A company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 315T DECEMBER 2024
We started the new UK-Zimbabwe Health Partnership Pilot, funded by FCDO Zimbabwe,
supporting 6 new grants between Zimbabwean and UK partners.
30 grants in total were awarded totalling £691,093.
Our performance against our strategy
I. IMPAcf GOAL I: To strengthen the health workforce and the health 5yStem5 in which they work
Improved access to health services: We are able to evidence improved access to health services for
7,155 people in low- and middle-income countries ILMICS) in 2024. This number was notably influenced
in the last quarter by reporting from the Fraxinus Trust-funded Improving NCD Care for Underserved
Communities in Ethiopia project. which included results from NCD awareness raising and screening
activities. Examples include improved he31th-see￿ng behaviour among children and adults in Ethiopia
and improvements to processes at Hargeisa Group Hospital in Somaliland as part of the Nursing Now
Fellowship programme.
We contributed to the training of 19,223 health workers in 2024. The main cadres trained included
Nurses, Doctors, Midwives, Pharmacists, and Health Extension Workers, with figures largely driven by
the Global Health Workforce Programme IGHWP) and the Global Capacity Building Programme IGCBI.
Of those trained, 6,323 health workers were tested and demonstrated improved knowledge/skills in
2024. Longitudinal retainment of improved knowledge and ski11s1>3 months) was demonstrated
through projects like the Ethiopia Improving NCD Care projert. where healthcare workers accuratelv
measured blood pressure and sugar levels, and the Nursing Fellowships programme in Somaliland,
where healthcare workers applied the National Harmoni2ed Medical curriculum appropriately.
In addition, we engaged extensively with external organisations and decision-makers through policy and
learning activities. Highlights include:
The Global Health Partnerships Online Conference'stren
henin
Collertive Artton for Global
Health ' delivered in November, Served as a significant platform. with 527 totsl registrants,
including 275 from LMICS and attendees from 41 countries. Highlights included the formal
announcement of our renamin& positive feedback on speaker diversity, and high-level
representation from Kenya's Cabinet Secretary for Health and NHS England INHSE). Policy
engagement with UK Parliamentarians involved targeted briefings, meetings, and events,
including meetings with Lord Mcconnell. Lord Oates, and Dr Becc¥ Cooper MP. GHP speakers
participated in panels at both Conservative and Liberal Democrats conferences.
In March, we c<Fhosted the UK-Africa Health Summit alongside one of its founders, Moses
Mulimira who has been leading the Summit for nearly 10 years. The event saw over 300 global
health leaders, policymakers. changemakers. including diaspora leaders and a range of health
workers. come together to address the most pressing challenges facing health %ystems
worldwide. The audience heard from 66 inspirational speakers, including the Uganda Ministry of

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TrOPICAL HEALTH AND EDUCATION TRUST
IA company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 315f DECEMBER 2024
Health Permanent Secretary, Dr Diana Atwine; High Commissioner of Kenya to the United
Kingdom & Northern Ireland, H.E. Manoah Esipisu EBS; WHO Director of Health Workforce, Jim
Campbell; UK Minister of State for Development and Africa. The Rt Hon Andrew Mitchell MP,.
and UK Minister of State for Hea￿h and Secondary Care, The Rt Hon Andrew Stephenson CBE
MP.
Our flagship report"Advancin
Universal Health Covera
e Throu
h Health Partnershi
s" was
launched in Parliament on UHC Da
in December attended by approximately l(Xi Euests from
the FCDO, DHSC, NHSE and High Commissions. Speakers at the launch included Dr Lauren
Sullivan MP, Dr Beccy Cooper MP, the Rt Hon Andrew Mitchell MP, Dr Lucia Vambe and the
Tanzanian Minister of Health Hon. Jenista Mhagama.
We contributed to the FCD(Ys Developrnent Review.
The Health Advocates Network grew to 213 members and delivered the "First 100 Days"
campaign, resulting in a letter signed by 43 individuals. including presidents of 6 diaspora
associations. We supported an event at Barking. Havering and Redbridge NHS Trust IBHRUTI
celebrating staff diversity and diaspora contributions, attended by Tanzania's High
Commissioner and Health Minister. Presentations were given to NFL5 Leadership Academy
trainees to raise awareness of our work and the contributions of the diaspora.
The Wales focused version of our Voices of the Experts in our Midst report was
launched in the Welsh Senedd.
ublished and
2. IMPAcf GOAL 2: To strengthen the Health Partnership community
We supported 507 UK health workers to engage in global health in 2024.
In the last quarter alone. 94 UK health workers engaged, providing 715 days through placements and
online support. One such example saw UK volunteers from the Association of Breast Surgery developing
an online training course for Sanofi funded Master Trainers as part of the Breast Cancer Care project in
Uganda and Zambia.
We supported 103 Health Partnership5 to improve their capacity and effertiveness. Opportunities for
partnerships to convene included a closing ceremony for the 65 Fellows of the Nursing Fellowship in
Partnership with the Nursing Now Challenge. and ten health partnership speaker slots at the GHP annual
conference.
We awarded 30 grants totallin8 over £6IX).0￿ to Health Partnerships in 2024. This included nine
extension grants for antimicrobial stewardship interventions in su&Saharan hospitals, and seven grants
to NHS institutions and African partners working across a number of themes. such as post-collision care,
minimally invasive surgery, and health workforce wellbeing.

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TROPICAL HEALTH AND EDUCAMON TRusr
{A company limitÈd by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 31- DECEMBER 2024
Early in 2024, the FCDO funded UK-Zimbabwe Health Partnership Pilot (UKZHPP) began. The
programme supports health systems strengthening {HSS) through piloting six health partnership
initiatives that support the government deliver on Zimbabwe's Health workfor￿ Investment Compact.
3. IMPAcf GOAL 3: To be ambitious In our approach to equity and Inclusion
A number of activities were carried out acr055 GHP team5, programmes. andwithin Health Partnerships
to encourage gender, equity and inclusion IGESI). Between oCtober-De￿Mber 2Q24, 4 grants
programmes and 3 direct country programmes reported specific GESI activities, alongside 22 activities
reported across GHP teams. Highltghts include".
Engaging Elders and women in Kenya for AMR awareness through the Commonwealth
Partnerships forAntimitrobial Stewardship ICWPAMS 2)
Integrating GESI components into emergency medicine training in Ghana IGHWPI
Delivering virtual GESI training to women and persons with disabilities in rural Kenyan counties
IGHWPI
Progressing the GESI strategy in the Up5killing and future-proofing human resources for health
and enhancing health governance for Uniwersal health coverage and better-quality care IUFUQ)
programrne in Syria, including reviewing curricuk and adding GESI criteria to conference
selections.
Out of 11 GHP projects assessed, seven {64%) were providing wlidence of being at least 'GESI-
Specifid.Areas identified forfurther support include using disaggregated data to inform
decision-making and focusing on disability within projects.
4. IMPA￿ GOAL 4: To ensure all ourwork advances cllmate mltigation adaptatlon and reslllence
During the first three quarters of 2024, we evidenced that GHP staff international travel emitted 34.3
tonnes of C02. Progress on the development and roll-out of carbon-budgeting for programmes wa5 held
up due to Staff capacity issues. During the mid-term review of the Strategy in late 2024, a decision was
made to temporarily deprioritise ourwork to advance climate mitigation, adaptation and resilience. We
will look to return to this workwhen capacity and time allows.
5. ENABUNG GOAL I: Ensure all GHWS progranime5 meet appropriate quality standards
All programme5 were assessed against our Quality Stsndards, with 100% of the 11 programmes
reviewed achieving our minimum quality benchmarks. This marks a significant improvement Compared
to 2023, when 6 programmes did not reach the desired standards.
Programme management tools such as the Programme Manager Master ReportinESheet and
ProEramme ManaEer Guidance Manual were rolled out and applied. A Programme Quality Self-
assessment tool was refined to enable deeper analysis and improvement, particularly regarding GESI, Do

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TrOPICAL HEALTH AND EDUCATION TRUST
(A company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 31V DECEMBER 2024
No Harm, and climate resilience. Identified gaps needing further support across programmes include
cross-department collaboration, Health Partnership5 risk management, climate resilience, GESI,
stakeholder feedback/reflertion time, sustainability, and exit strategies. Learning and Development
{L&D) sessions on Data Management and Conflict Sen51tivity were conducted, along with annual
safeguarding training.
6. ENABLING GOAL 2: Generate and use robust evldence to inform our work and the work of others,
recognising the mutual benefjt of collaboration.
We produced 6 pieces of new evidence and learning in 2024, meeting our target and disseminated these
internally and externally. All completed programmes produced completion or evaluation reports.
The flagship report "Advancing Universal Health Coverage Through Health Partnerships" highllghted the
mutual benefit of Health Partnerships and how Health Partnership5 can be a force for advancing the UK'S
domestic and Global Health Priorities, while supporting progress towards UHQ
The renamed Evidence and Impact Team (EIT- previously REL) began developing GHP'S orEanisational
LearningAgenda, a programmes datastrategy,anda processwasstarted to assessthe online Programmes
Portal for effectiveness and appropriatene5S.
7. ENABLING GOAL 3: Create a people-centred or8anisation by brin8in8 alive our core values
The 2024 annual staff survey was carried out in August, with results shared with the Board in December.
Key flndings include - Over 75% of staff report being satisfied workin£ at THET/GHP. 100% of staff are
meeting expectation5 (scoring on average 315 within the 2023/2024 360° staff appraisals) adhering to
the organisation's core values in their work.
Staff continued to dedicate one day each month to personal learning and development. Programme
Quality workshops were organised, covering topics such as new business development, GES1, MEL, risk
management, and Microsoft 5y5tems.
8. ENABLING GOAL 4: Effectively manage our fina￿e and operations across the organisation
Currently, all our office5 are operating within appropriate financial and operational stsndards. GHP'S
Global Finance Manual is a key document which clearly outlines our financial management framework
includingfinancial policies, standards, and proceduresforGHP both in the UKand forouroverseas country
offices. Currently each jurisdiction is working in-line with the Global Finance Manual, with monthlv
reviews taking place. Annual audits were completed on time and without qualifications.
10

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TROPICAL HEALTh AND EDUCAMON TrUST
IA company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 31sf DECEMBER 2024
9. ENABLING GOAL 5: StrenEthen our use of technology across all our work
The Dlgital Transformatlon Strategy wa5 reviewed. and a new Digital Transformation Manager was
recruited. The strategy focuses on developing internal digital Skills I'Being Digital'l and using digital
solutions to amplify impact {'Doing Digital'l.
The Saving Mothers at Delivery Programme in Myanmar made succegsful use of our Pulse e-learning
platform to deliver quality rernote training to health workers in private and Ethnic-zone health facilities
in Myanmar.
Engagement with the Pulse platform saw user numbers increase over the year to 1,596 by the end of
2024, though the interaction rate per user fell slightly. There were no significant digital security Issues
reported, and guidelines on cyber securitywere issued.
10. ENABLING GOAL 6= Generate diverse and sustainable funding
We exceeded our annual total income target of £5,168,000, having secured a total of £6,579,669, which
1$ 102°A of our stretch target for 2024. This figure represents the total value of new contracts Secured in
2024 {not income recognised in 20241. The income for these new contracts will be recognised Dver the
len8th of the project5, in line with the donor condwiion5.
Durin8 2024, 34 proposals were submitted. 95% of our secured funding in 20241£6,280,879) was from
instTrtutional donors, and in particular the UK government IFCDO Myanmar, FCDO Zimbabwe (a new
donor) and DHSC (for the extension to the Global Health Workforce Programme)). Aside from this, 4% of
our funding {£269.650), was secured from Trusts and Foundations, and £28,660 was secured from
individual donors. Whilewe ex￿eded the overall target, significant progress is required in 2025 forTrusts
and Foundation5 and individual donors.
Proposal success rates in 2024 included 2 out of S proposalsto institutional donors being successful140%),
and 7out of 25128%) applications totrusts and foundations. 95% of new funding secured is for more than
12 months, although much is only slightly over 12 months, highlighting the need to identify additional
sources. The confimation of Significant fijnding streams from DHSC IGHWP extension and an invitation
to apply for an AMS programme extension) provides a financial line of sight toApril 1st 2026.
While grateful forthis, due to uncertainty, planning assumes no major new UK Government Health
Partnership scheme will launch in 2025, &nvi8orating efforts tofurther diversify income.
11. KEY LESSONS LEAR￿- Challenges in 2024
Beyond the external context of political instability, conflict. and funding uncertainty, internal operational
challenges remain in managing rapid growth, including embedding new systems and processes and
ensuring sufficientcapacityin supportteams like HRand Operations. Identified gaps in programme quallty
11

GLOBAL HEALTH PARTNERSHIPS- FORMERLYTrOPICAL HEALTH AND EDUCATION TRUST
(A company Ilmlted by guarantee)
TRUSTEES. REPORT FOR THE YEAR ENDED 31- DECEMBER 2024
management also require further support. The SMT continues to track incident5 Wlth potential impact on
staff and programmes at weekly meetings.
12. Structure, Governance and Matragernent
GHP is a reglstèred charlty Ireglstratlon number 11131011 and 15 constituted a5 a company reglstered In England and
Wales and lirnited by guarantee {registr3tion number 05708871). Its objects and powers are set out in its
Memorandum and Article5 of Association, whith was updated in 2024 and is the ¢harit¢s governing document.
13. Trustees
The Directors of GHP are the Trustees, collectlvely known as The Board of Trustees (The Board). The Board, GHP'S
Soverning body, comprises a minimum of 3 and a maximum of 12 Trustees. Trustees serve an initial term of three
years that can be extended for up to a maximum of three years. The Trustees are also members of the companv.
New Trustees are appointed by ordinary resolution at the general meeting. Members ofthe Board have guaranteed
the liabilities of the company up to £1 each.
Trustees are appointed following open advertlslnE In spedalist publications or on speaalist websites and following
a rigorous inteNiew pro￿55. All new Trustees are provided with a structured inductlon programme.
The Board of Trustee5 has created foul specialist su&committees to a55iSt it Wtth Its work: thé Flnancè, Risk and
Governance Commlttee IFRGCI, the Programmes Quallty Committee, the Remuneration Committee IRemCo) and
the External En8agement Committee. Each committee includes members of the Board and may include additional
member5 appointed for thelr specialist knowledge.
The Finance, Risk and Governance Committee IFRGCI. GHP'S audit committee. chaired by the Treasurer, meets as
ne￿Sary with the extemal auditors. The FRGC reviews the external auditorfs management letter and monitors
implementation of actions required as a result. The FRGC a150 has respon5iblllty to 3dvlsÈ the Board on whèther the
audit. risk management and control processes within GHP are effectlve.
The Remuneratlon Commlttee monltors GHP'S policy on remuneratlon and benefits for Its Sfaff and reports annually
to the Board. The Remuneration Committee meets annually and was thaired by Justinlan Ash. In 2024, salaries are
set after consideration of the cost of livin& the finanaal position of the tharity, and roles and responsibilitie5 after
taklng Into account the contracts being handled by GHP.
GHWS Trustees are responsible for everythlng that GHP does. However, to ensure that GHP is managed efficiently
and effectlvely, the Trustees have delegated a range of day-towday decision-making powers to the Senior
Manasement Team. Trustees have also estsblished appropriate controls and reporting mechanisms to ensure that
the Senior Management Team operates within the scope of the PO7&vers delegated to it. The delegation policy is
12

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TrOPICAL HEALTr1 AND EDUCATION TRUST
IA company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 31ST DECEM8ER 2024
updated on an ongolng basls and is formally reviewed and approved by Trustee& The members of the Senior
Management Team are not directors forthe purposes ofcompany law.
There ha5 been no specific restriction imp05ed by the charlvs governing document on the operation of the Trust.
Trustees are authorised by the chariws governing document to invest any money of the Charlty not immediately
requlred for its function in appropriate. legal Investment5 provided that any ne￿Sary consents are first obtained.
Annual T￿stee actlvlty
A typleal year for a Trustee includes the following:
Attendance at four Board meetings per annum
Attendance atthe AGM
Attendance at committee meetings, and at ad hocgroups convened for specific purposes
Attendance at staff or senior management meetings on an occasional basis
Attendance at events {e.g.. public meetings, meeting5 with GHP voluDteers/supportersldonors, GHP Awav
Dayl
Att&ndance at the Annual Conference
Trustees with specialist knowledge maywork with senior management, both to provide advice and support,
and to enhance board under5tandins and scrutiny.
14. Risk assessment
The Trustees keep strategic and operatlonal risks under revlew at the quarterly Finance. Rlsk and GovÈm3nce
meetSngs, and Board of Tru5tee5 meetings. This involves an assessment of probabillty and potential impact, and a
dlscussion of mltlgating actions prepared by GHP'5 Senior Management Team.
The three most significant risk5, and a summary of mitigations, are as follow5-
Most grant5 have a onepttrtwo-year horizon, SQ there is a risk of potential downturn5 in funding. Mitigations
include activity to inform and Influen￿ go¥emment. dose monitoring of income, Income diversification
inltiatlves and the malntenance of a financial knfferto allow for restructuring if necessary.
Operating across many different jurisdiction5 and regulatory regimÈs. GHP Is open to the risk of fraud and
non-compliance with lool regulation& This is mitigated- inter alia - by clear policles upon whlch 5tsff are
fully briefed.
The nature of GHVS international risks means we are exposed to volatile countrSes, and in some cases war
zones. GHP maintains a close eye on local ￿ndItIOnS and is able to respond swiftly with safety. securlty,
hibernation, evacuation andlor buslness continuity plans as requlred, so we can protect our valued staff
and volunteer5.
15. Our approach to fundraising activities
The charity raises funds from diverse sOUr￿S induding institutlonal donors. Trusts and Foundations, prlvate sector
partners and Individuals, in the UK and internationally. We have developed an Ethical Fundra15in8 Policy to guide
decisions on soliatation and acceptance of funds and undertake due diligence on new donor5.
13

GLOBAL HEALTH PARTNER5HIP5- FORMERLY TROPICAL HEALTH AND EDUCATtON TRUST
(A company Ilmlted by guarantee)
TRusfEES' REPORT FOR THE YEAR ENDED 315F DECEMBER 2024
The charity undertake5 bi-yearly fundraising campaign5 which reach a small number of patrcns and supporters who
have consented to re￿1ve the campaigns. Beyond this the Trustees are pleased to receNe unsolicited glfts and
legacies from patrons and supporters who generou51y 5UPPQrt our work.
Beyond thls, GHP does not currently actNely fundraise from the public, run legacy campaign5, or undertake similar
fundraising activities in its own right. The charity does not currently engage professional fundraisers or thir(kparty
agencies to f undralse on Its behalf.
The charity adheres to the Fundraising Regulatorfs Code of Fundraising Practice to ensure our fundraising Is legal,
open, honest, and respettful. While the charlty engages in limited direct fundraising activity. step5 are taken to
ensure that communication5 are re5pertful and do not place undue pressure on individuals. The charlty is mindful
of its responslbllitles to protect the publiq includins vulnerable people, from intrusive or perslstÈnt fundralsing
approaches. No complalnts have been received from funders or beneficiarie5 in respect of fundrdi5ing activlties
undertaken by the charity.
Grant-makin
olldes
GHP issues grants to Health Partner5hipsdelivering project5 in keeping with its mission. Grants are sèlÈctÈd following
a fair and transparent process whereby appllrants are provided with template forms and guidelines that State the
purpose of the fund5. eligibility criteri4 and a tbrnelinefor submi55ion and selection.
on￿ awarded. and when contrarts are signed. grants are managed in line wlth the Grants Management System,
whlch set5 Out checks and controls to ensure that funds are being used for the purpose ststed in the application.
Finanaal and narrative reports are submitted at contracted intervals to show levels of spend and activity against
plan and, where necessary. to explain exceptional Varian￿$. Milestones are set during the Inceptlon phase of each
grant and progress is measured against these.
Other rlsk management processes indude check5 and controls on adequate financial management and verification
of the legal protection and safety of those involved in the project. Information is gathered through reports and
meetings and through spot checks on receipt5 and other documentation.
Financial Review:
Key highllghts from the 2024 Aecounts are".
Total income increased frvm £5.35m in 2023 to £14.58m in 2024.
Total expenditure increased from £5.25m in 2023 to £14.27m in 2024.
Net current as5et5 Idebtors + cash- creditors) increased by £303k to £5.(￿M.
Unrestrlcted reseNes were £1.03m.
The story of 2024 15 one of growth amidst an ever-changing landscape for global health. Global Héalth Partne￿￿1p5
IGHPI has expanded rapidly, with a near fourfold increase in income Sin￿ 2022. matched by the 8rowth of our global
team.
14

GLOBAL HEALTH PARTNERSHIPS - FORMERLY TROPICAL HEALTH AND EDUC4TION TRUST
IA company limited by guarantee)
TRUSTEES, AEPORT FOR THE YEAR ENDED 31sf DECEhrtBER 2024
The principal funding sources in 2024 were government tK)dies. induding the Foreign. Commonwealth and
Development Office and the Department for Health and 5oaal Care- public bodies. includlng NHS England.. corporate
entities, suth as Sanofi; and Trusts and Foundations. such as the Bill & Melinda Gates Foundation and the CRI
Foundation. This funding is used for various project activities as specified in the donor agreements. For specific
details of these projects please refer to Note 16 of the accounts.
Whilst the Trustees consider the outlook for GHP in 2025 to be broadly positive, in subsequènt years the charity will
be affected by the reduction in government funding for overseas aid. The strong unrestricted reserves position
reported this year. and GHP'S Sound processes of finanaal planning put the d)arity in a good position to navigate
these more challenging times ahead.
Choritoblefvnds
The funds held by GHP are in Interest-bearing accounts managed by the ￿aritIeS Aid Foundation and HSBC Bank 1¢
from whlch they can be withdrawn as needed_ The TriJ%t [% Abl@ to meet all its obligation and commitments within
Its present cash flow and assets.
GHP does not hold assets except as detailed in the accounts. The salaries of project staff are derived mainly from
8rants. GHP operates in collaboration with other charitable bodies to pursue its objertives.
Resenws Polky
The Board of Trustees has established a General Reserves Pollcy whlch contlnues to protect our prugramme work
from risk of disruption at short notice due to a lack of funds. The Policy also provides parameters for future strategic
plans and contributes towards deasion-making. It determines an appropriate target level for general reserves, taking
into account the following factors:
Vulnerability to unplanned changes in financtal position, relating mainly to unpredictabilrty of fundraising
and unrestricted income and securing fvture restricted and unrestricted contracts.
Net financial risk related to the above, taklng Into account the likely speed of onset as well as the mitigation
steps available to management.
The fact that expenditure is generally predictable and long term, viith the exception of 'variable' spend on
restricted programmes where rtsks typically involve unplanned events such as hostile 8ovemment action
or major uninsured health and safety or security emergencles.
This approach provides a target base level of general reserve5 for good governance- to cover 3 months organisational
closure cost and the costs incurred by cessation of programme and grant activity. The basis of determining the target
reserves level is kept under review and is adjusted to refiect funded activity, and thu5 organisational size, taking into
account actual and perceptions of rlsk. The minimum target level of reserve5 in 2024 was set at £475,C(K). Free
reserves. representing unrestricted funds less tangible fixed assets were £1.026.053 at 31 December 2024,
slgnificantly exceedin8 the minimum target.
15

GLOBAL HEALTH PARTNERSHIPS- FORMERLY TROPICAL HEALTH AND EDUC4MON TRUST
IA company limited by guarantee)
TRUSfEES' REPORT FOR THE YEAR ENDED 31" DECEMBER 2024
Arrungementsjormonitorlng ond revlewing t￿ resems policy
The reserves policy is. as a mlnlmum. subjed to annual review by Trustees, wlth the next revlew scheduled for
December 2025. In addition, the Trustees monitor GHP'S Performan￿ against the bud8et throughout the year and
consider the need for a recon5ideratlon of reserves, dependent upon changes in actNity and organisational
strueture.
6enerufReserves {UnrestrlctedJ
General reserves are not restricted to or designated for a particularpurpose. General reserves are £1,034,98712023
- £691,185) at the end of December 2024. A detailed revlew of the level of unrestricted re5eTVÈg Was condurted In
2024.
RestrtrtedFunds
These funds are tied to particular purpose5, a5 Specified by the donor or as Identified 3t the time of a public appeal.
At 31 December 2Q24, unspent restricted funds were £2.035,110 {2023- £2,069,232).
Totalfunds
At 31 December 2024. total funds were £3P70￿97, wlth £8,935 of this relating to fixed assets.
FU￿re plans
In 2025. in line with our mid.term review of the Strategy, we wÉll give greater focus to surfacing our evidence and
diversifylnE our funding. We will continue to deliver a number of our current programme5. including the Global
Health Workforce Programme, now including partnerships in Ethiopia, Somaliland and Malawi, In addition to those
in Kenya, Ghana and Nigeria and the Commonwealth Partnerships for Antimicrobial Stewardship. We look fO￿ard
to once again co-hostlng the UK AfdrA Health Summit and to progressing our work with Diaspora health workers
and organi5ation5.
Trusteerfresponslbllltles
Company law requires the Trustees to prepare aCCQEtnts for each financial year which give a true and fair view of the
state of affairs of the charity and of the surplus or deftcit of the thority for that period. In preparing these accounts,
the Trustees are required to=
Select sultable accounting policies and then apply them consistentlyp
Make ludgements and estimates that are reasonable and prudent,.
Prepare the accounts on the going cOn￿n basls unless it is inappropriate to presume that the tharlty villl
continue in operation.
16

GLOBAL HEALTH PARTNERSHIPS - FORMERLY TROPICAL HEALTH AND EDUCATION TRUST
IA company lirnited by guarantée)
TRUSTEES, REPORT FOR THE YEAR ENDED 31" DE￿MBER 2024
TheTrustees are responsible for keeping proper accounting records which cf15c105e wtth reasonable accuracy at any
timethe financial p051tion of the charity and to enable them to ensure that the account5 comply with the Companies
Act 21X)6 and with Accounting and Reporting by Charities- statement of Recommended Practice (Charitie5 SORP IFRS
10211. They are also responsible for safe6uardin8 the assets of the charity and hen￿ for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
Each of the Trustees confirm that:
Sct far as they are aware there is no relevant audit information of which the ¢hèrlVs audltors are unaware,
and,
They have taken all the necessary step5 that they ought to have taken as Trustees In order to make
themselves aware of any relevant audit Infom)ation and to establish that the charity's auditor5 are aware
of that information.
This report has been prepared in accordancè with the special provisions of Part 15 of the Companies Aci 2006
relating to small companies. The Trustees have tsken the exemption available to small companiés and have not
prepared a Strateglc Report.
Approved by the Board of Trustee5 on and signed on its behalf by
r of Trustees
l¥l&iL)Lf.
17

INDEPENDENT AUDITOR'S REPORT TO TrIE MEMBERS OF GLOBAL HEALTH PARTNERSHIPS
(FORMERLY TROPICAL HEALTH AND EDUCATION TRUST)
Opinion
We have audited the financial statements of Global Health Partnerships ('the company,) for the year
ended 31 December 2024 vthich comprise Ihe Statement of Financial Activities. the Balance Sheet, the
Statement of Cash Flows and notes to the financial ststements, including signifi¢antaccounting policies.
The financial reporbng frameworkthat has been applied intheir preparation is applicable law and United
Kingdom Accounting Standards. including FRS 102 The Financial Reporting Standard Applicable in
Ihe UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial ststements-.
gNe a true and fair view of the state of the charitable company's affairs as at 31 December
2024 and of its incoming resources and applicab'on of resourGes, including ts income and
expenditure, for the year Ihen ended;
have been properly prepared Ni accordance with United Kingdorn Generally Accepted
Accounting Practice", and
have been prepared in accordance with the requirements of the Companies A¢t 2006. the
Charities and Trustee Investment (Scotland) Acl 2005 (as amended), regulations 6 and 8 of the
Chatities Accounts (ScotEand) Regulations 2006 (a5 amended) and the Charities Act 2011 .
Basis for opinion
We conducted our audit in accordance wrth International Standards on Auditing (UK) (ISAs(UK)) and
applieable law. Our responsibilities under. those standards are further descrtbed in the Auditorfs
Responsibilities for Ihe audit of the financial statements section of our report. Vve are independent of
the charitable company in accordance the ethical requirements Ihat are relevant to our audit of the
financial statements in the UK. including the FRC'S Ethical Standard, and we have fvlfilled our other
ethical responsibilities in accordance with Ihese requirements. We believe that the audit evidence we
have obtained k8 sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concem
In audibng the financia5ststements, we have ¢on¢luded thatthe trustees, use ofthe going concern basis
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating tD
events or conditions that, individually or collectively. may cast significant doubt on the charttable
company's abilty to continue as a going concem for a period of at least twelve months from when the
financial statements are aulhorised for issue.
Our responsibiltties and the responsibiltlies of the trustees wilh respect to going concem are described
in the relevant sections of this report.
Other infomiation
The other information comprises the information included in the annual report, other than the financial
ststements and our auditor'5 reportthereon. The trustees are responsible for the other infofmation. Our
opinion on the financial statements does not cover the olhèr information and, except to Ihe extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audlt of the financial statements, our responsibilty is to read the other information
and, in doing so. consider whether the other information is materialty inconsistent the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If
we identify such material inconsistencies or apparent material misstatements. we are required to
determine whether there is a material misstatement in the financial statements or a material
misstatement ofthe other information. If, based on the workwe have performed, we conclude thatthere
is a material misstatement of this other information. we are required to report that fact.
We have nothing to report in this regard.

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GLOBAL HEALTH PARTNERSHIPS
(FORMERLY TROPICAL HEALTH AND EDUCATION TRUST)
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit-.
Ihe information given in the trustees. annual report for the financial year for whidi the financial
statements are prepared is consistent with the financial statements: and
the trustees, annual report has been prepared in accordance with applicable legal
requirements.
Matters on which we are required to report by exception
In the light of the knowtedge and understanding of the company and its environment obtained in the
course ofthe audit, we have not identified material misstatements in the trustees, annual report.
We have nothing to report In respect of the following matters vthere the Companies Act 2006 requires
us to report to you if, in our opinion-.
adequate accounting records have not been kept. or relums adequate for our audit have not
been received from branches not visited by us; or
the financial statements are not in agreemenl wilh the accounting records and retums; or
certain disclosures of trustees. remuneration specified by law are not made. or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitted to take advanlage of the small companies exemption from
preparing a Strategic Report.
Responsibilities of trustees
explained more fulty in the trustees, responsibilit￿$ statement set out on page 16, the trustees (who
are also the directors of the charitable company for the purposes of company law) are responsible for
the preparation of the financial statements and for being satisfied that they give a true and fair view.
and for such intemal control as the trustees determine is necessaryto enable the preparation offinancial
Statements that are free from material misstatement, whether due to fraud or error.
In preparing Ihe financial statements, Ihe trustees are responsible for assessing the charitable
company's ability to continue as a going concem. disclosing, as applicable. matters related to 90ing
concern and using the going concern basis of accounting unless the trustees either intend to liquidate
the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditovs responsibilities for the audit of the financial statements
We have been appointed as auditor under Section 44{1)(c) of the Charities and Trustee Investment
(Scotland) Act 2005, Ihe Companies Act 2006 and Sedion 151 of the Charities Act 2011 and report to
you in accordance with regulations made under Ihose Acts.
Our objectives are to obtain rèasonable assurance about whether the financial statemènts as a whole
are free from material misstatement, ￿ether due to fraud or error, and to issue an audttor's report that
includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an
audit Gonducted in acGordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered Material if, indÈvidually or in aggregate,
they could reasonably be expected to inlluence the economic decisions of users taken on the basis of
these financial statements.
As part of an audit in accordance with ISNS (UK) we exercise professional judgement and maintsin
professional scepticism throughout the au(bt. We also-
Identify and assèss the risks of material misstatement of the fjnancial statements, whether due
to fraud or error, design and perform audit procedures responsive to those risks, and obtain
audit evidence that FS sufficient and appropriate to provide a basis for our opinion. The risk of
not deteGling a material misstatement resulting from fraud is higher than for one resulting from
19

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GLOBAL HEALTH PARTNERSHIPS
(FORMERLY TROPICAL HEALTH AND EDUCATION TRUST)
error, as fraud may involve collusion. forgery, intentional omissions, misrepresentation5. or Ihe
override of internal control.
Obtain an understanding of intemal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. but not for the purposes of expressing
an opinion on the effecltveness of the charitable company's internal control.
Evaluate the appropriatene55 of accounting poficies used and the reasonableness of
accounting ests'mates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concem basis of accounting
and, based on the audit evidence obtained. whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charitable company's ability to
continue as a going concem. If we conclude that a material uncertainfy exists, we are required
to draw attention in our auditor's reportto the related disdosures in the financial statements or,
if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the
audit evidence obtained up to the date of our auditor's report. However, future events or
conditions may cause the charitsble company to cease to continue as a going concern.
Evaluate the overall presentstion. slructure and content of the fjnancial statements, including
the disclosures. and whether the financial statements representthe undertyingtransactions and
events in a manner that achieves fair presentation.
We communicate with those charged with govemance regarding. among other matters, the planned
scope and timing of the audit and significant audit findings, induding any significant deficiencies in
internal control that we identify during our audit
Explanation as to what extent Ihe audit was considered capable of detecting irregularities,
including fraud
Irregularities. including fraud. are instances of non-compliance wtth laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to vthich our procedures are capable of detecting
irregularities, including fraud is detailed below.
The objective5 of our audit in respect of fraud, arè" to idenlÉfy and assess the risks of material
misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence
regarding the assessed risks of material misststement due to fraud, through designing and
implementing appropriate responsesto those assessed risks,. and to respond appropriately lo instances
of fraud or suspected fraud identified during the audit. However. the primary responsibilty for the
preventlon and detection of fraud rests with both management and those charged with governance of
the charitable company.
Our approach was as follo￿￿.
We obtained an understan(fing of the legal and regulatory requirements applicable to the
company and considered that the most significant are the Companies Act 2006, the Charities
and Truslee Investment (Scouand) Act2005 {as amended), regulations 6 and 8 of the Chartties
Accounts {ScoUand) Regulations 2006 (as amended), the Charities Act 2011, the Charty
SORP. and UK fjnancial reporting standards as issued by the Financial Reporting Council and
UK taxation legislation.
We obtained an understanding of how the charitable company complies with these
requirements by discussions wilh management and those charged with governance.
We assessed Ihe risk of material misstatement of the financial statements, including the risk of
material misstatement due to fraud and how it might occur, by holding discussions wth
management and Ihose charged wlh govemance.
20

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GLOBAL HEALTH PARTNERSHIPS
(FORMERLY TROPICAL HEALTH AND EDUCATION TRUST)
We inquired of management andthose charged wth govemance as to any known instances of
non-compliance or suspected non-complian¢e with laws and regulations.
Based on this understsnding, we designed specific appropriate audit procedures to identify
instances of non-compliance V*ith law5 and regulab-ons. This included making enquiries of
management and those charged with governance and obtaining additional corroborative
evidence as required.
There are inherent limitations in the audit procedures described above. We are less likely to become
aware of instances of non-compliance ￿th law5 and regulations that are not dosely related to events
and transactions reflected in the financial statements. Also, the risk of not detecting a material
misstatement due to fraud is higherthan the risk ofnot detecting one resulting from error, as fraud may
involve deliberate concealment by, for example. forgery or intentional misrepresentations, or through
collusion.
Use of ourreport
This report is made solely to the charitable company's members, as a body, in ac¢ordan¢e with Chapter
3 of Part 16 of the Companies Act 2006; and to the ¢harity's trustees, as a body, in accordance with
Section 44(1)(c} of the Charities and Tnjstee Investment {ScoUand) Act 2005, and in respect of the
consolidated financial slatements. in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our
audit work has been undertaken so that we might stste lo the charitable company's members and
trustees those matter5 which we are required to state to them in an auditor's report and for no other
purpose. To the ￿lIest extent permitted by law, we do not accept or assume responsibility to any party
olher than the charitable company. the charitable company's members, as a body. and the charty's
trustees, as a body for our audit work. for this repo¢ or for the opinion we have formed.
J_A LLe
Neil Finlayson {Senior Statutory Audttor)
for and on behalf of Moore Kingston SmÈth LLP. Statutory Auditor
9 Appold Street
London
EC2A 2AP
Date: 5 September 2025
21

GLOBAL HEALTH PARTNERSHIPS
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
2023
Total
Unrestricted
Restricted
Note
In¢ome from:
Donations and legacies
Charitable activities
Investment income
Other inGome
77,864
945,543
4,359
219,374
77,864
14,278,141
4,359
219,374
29,670
5.254,513
783
62,129
13.332,598
Total income
1,247,140
13.332.598
14,579,738
5,347,095
Expenditure on:
Raising Funds
Charitable activities
461.861
435,965
461,861
13,808,197
171,623
5,083.187
13,372.232
Total expenditure
897,826
13,372,232
14.270,058
5.254,810
Net incomellexpend iture)
349,314
{39,634)
309,680
92,285
Transfers between funds
16a
(5.512)
5,512
NÉt movwnent in funds
343.802
(34.122)
309.680
92.285
Reconciliation of funds:
Totsl funds brought forward
16a
691,185
2.069,232
2,760,417
2.668,132
Total funds carried for¥vard
16a
1,034.987
2,035,110
3.070,097
2,760,417
The Statement of Financial Activities includes all gains and losses recognised in the year.
A full comparats've Statement of Financial Activities is presented in note 23.
The notes on pages 25 to 37 form part of these financial statements.
.22

GLOBAL HEALTH PARTNERSHIPS
(A company limited by guarantee)
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Note
Fixed assets
Tangible assets
12
8,935
2,280
8,935
2,280
Current assets
Debtors
Cash at bank and in hand
13
1,287,651
2,290,669
1,163.000
3,729,159
3.518,320
4,892,159
Liabilities
Creditors: amounts falling due within one year
14
(517.158)
(2,134.022)
Net current assets
3.061,162
2,758,137
Total net assets
3,070.097
2.760,417
Tho funds of the charTty
Re8tricted income funds
Unrestrirted income fund5:
General funds
2,035,110
2.069,232
1,034,987
691,185
Total charity funds
16a
3,070,097
2,760,417
The financial staternents have been prepared in accordance the provisions applicable to entibe5 subject to the
small companies regime.
The financial statements were approved and authorised for issue by the Trustees on .
and were signed on their behalf by..
MrJ
Cha
tini
of Trustees
(Ltrl bl loLS-
The
otes on pages 25 to 37 form part of these financial statements.
23

GLOBAL HEALTH PARTNERSHIPS
IA company limtted by guarantee}
STATEMENT OF CASH FLOWS
ST
FOR THE YEAR ENDED 31 DECEMBER 2024
Note
2024
2023
Cash flows from operating actlvities
Net cash Provided by operating activities
(1,433,9501
830,475
Cash flows from investing activitles".
Interest received
Purchases of tsngible fixed assets
4359
(8,898)
783
12,189)
Net cash used in investing aGtivitie5
(4,539)
11,406)
Change in cash and Ga5h equivalents in the year
(1,438,489)
B29,089
Cash and cash equivalents at the beginning of the year
3.729.159
2.900.090
Cash and cash equivalent5 at the end of the year
2,290,670
3,729.159
Reconcillatlon of net movements in fund to net cash flow from operating activities
2024
2023
Net income for the reporting poriod
las per the statement of financial activities
Depreciation charges
(Gains)Aosses on investments
{Inciease)Idecrease in debtors
IncreaselldecTease) in creditors
Inteiest received
309,680
92,285
2.243
2,063
(124650) 11,002,243)
{1,616,8641
1.739,153
(4,359)
(7831
Net Gd5h provided by opeiating aGtivilies
(1,433,950)
830,475
Cash and cash equivalents comprise solety ¢ash at bank and in hand (knring both the current and prior year.
The notes on pages 23 to 33 form part of Ihese finan(aal statemerts.
24

GLOBAL HEALTH PARTNERSHIPS
(A Company limlted by guarante0)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED31 DECEMBER 2024
Accounting policie5
a} Statutory Information
Global Health Partnership5 15 a private company IMrit¢d by guarantee and is In¢orptsratèd in England and Wales and a charity register•d wfth th¢
Charity Commis$iorE. The registered offKe dddre5S 15 thsdosed on the rnmpany irrfomatK>n pa9è.
bl Basis of Preparallon
The financial 5tatsments havo been prepared under the htstorkal ￿$t convention with items TPCDgrtised al cost or transactp)n value unles5 Othemse
ststed in the re]evant notels) to th8se financal 5tatsments. The financial statèmonts hav¢ been prepared in accoldan￿ knGountS#g and
Reporting by Charlies: Statemert of Re¢ommended Pradice aP￿￿ble lo Charities prèparing thoii a￿￿ntS in ac¢ordance ￿1th the FinavcHI
Reporting Standard applicable in the UK and R0publi¢ of ITeland (The Charlies SORP IFRS 10211 effedNe frtsm 1 January 201 g. tho Companp$ Aet
20(6. the Charitses Ad 2011, the Charty T￿￿tee and Invesbnent ISGOtJandl A¢t 2005. arKI the Charths Pocounts (Scouandl R8guktions 2006.
Gl Public benefrt entity
Global Heolth Partnership constitutes a publi¢ benefit entity as dèfined by FRS 1LY2. Assets and &ab￿be5 are inrfsally recognksed at hBtortcal cost or
tran$oction value unkss othe￿ise stated in the rèlèvant accounting policy.
dl Golng concern
The Twstees havè propar￿, reviev•Bd and f0m1al￿ approved detaled operating 8nd cash flow proièction5 covaring the n•xt 12 rThJnths to Juty 2026.
On the basis of th•$è prtsle¢tiorss Ihey hav¢ asSéS8ed that Ihe Charty has adequats financial resDurcÈs and slnjctu￿s In place to managg ts
operational ll5k5. In add￿On. th8 budgeting and forecasting pr¢¢gss hos taken account of the Current erx)nomic and lundiw dimate and its polentlal
Impact on our vaiiou5 sources of income and expendrture. Thereforè. tha twuslee$ ar• cOnf￿ent that thgre 15 reasonabk •xpeciati)n that the Charity
has od8qLEate resources and control mechanisms to conknue in operational existence for the foreseeablo fvlure and. on this bag15 the ttustees beI￿Ve.
to tho bast of their bal*f and kn￿￿edge, that th* Charty Temains as a going CDncem lor a per￿Jd of at least 12 months from th8 approval of thèse
rinancial statem8nt5 and. aG￿rdIngty, these financ￿1 statenwnts have been prepared on the going concern basis.
el Income
InGorrE 15 re¢Dgnised whèn th8 charitable rtsmpany has ontillement to the fLmd5. any pérformance condition5 attached to th? incomè have been mot. it
Is probable that the In￿M￿ wll be received and that the aFrn)unt Gan bè ￿aSured reliably. INhen inMme Is re¢eivo¢J in advanc8 (>f providing services.
tt 15 deferred until Global Hgallh Partn•rship5 becomes en(￿¢d to that ir￿me.
Donatlons are re￿gniSed in the statement of financial aGtivthÈs in Ihe yeafvdhich thoy are reGeNed. unless incow rgcogrMUon ¢riterA set out above
ara met at an èarfl¢r date.
For1ègael0s, onl￿eMent Is taken as the earlvér ofttrR date Dn which erther.- fl the charty is awar& that probate has been grdntèd, the e5tste has btrèn
rinallsed and nt)tlication has been by th• ex0e￿Or{sI ta Global Health Partnerships Ih8t a dIstrib￿lon wll be madè, or ful whon a distrlbution Is
Tecew8d from tho èstato. ReCts￿t of a legacy, in or Fort. is only considered prtsbab￿ vknen the amount can be w￿Ssured ieliably and thè charty
has ntstifièd of ihe *x¢cutorfs Inten￿On to make a d￿trIbU￿"0￿. Vwhere legar3Ps have bÈ8n notified to the charity Or the Gharity is aware of th8
grantit)u of probalo. and the tdterla lor incon* rdcognrt￿n have not been then the legaq rs treated as a contingÈnt asset and dSscbsed If mat•rtal.
Grants aro includèd In the $taleMènt of financial act•iitE$ on a receivable basis. The bAFan￿ of in¢ome received for 5￿ctric purposès but not
expended during the p8rp)d 15 shown in the rekvant funds on tho sh99t Whgro irscorne 15 received h advance of entitlemenl of weeip( hs
rècognition is def6rred and induded in ¢¥edrtots as delened income. Where er•lillernent occuts belorè In￿Me is recewed, the In￿Me 15 aGcntèd.
Donated prof85Stonal servrres and donated faalthBS a￿ recognlsed as irwmg when the Gharity ha5 eK*ntrol ovar the rtem. any Gondition5 asstitiated
with the donated itern have been the receipt of economk ￿nerrt from the use by the tharty ofthe itern 15 probable and that e¢onc•mi¢ b6nefjl can
be measurgd relabfy.
On receipt, donated piofe¥sional servi￿$ and donated facilitRs are rt¢Dglliged on th• bass ol the value of the gift of th¢ which is thè amtsunt
the Gharity would have been ￿llIng ID pay to Dbtsin sÈtvi¢¢$ of facilitrÈs olequivalent oconomiG benefrt on the o￿n trorket. a ¢orr*sponding amount 1$
then recognised in expendtiure in the periLFd of receipt.
In a¢¢ordan¢e with the Charities SORP (FRS 102). the thnated s8NiC85 f￿rn our general voluntevts aTr no1ln¢￿deJ within th* financralslatements.
Other incom8 is T8cogn15ed in the period in whiGh it 15 reGekvablp and 10 thB extent trrt g¢)ods have bgon provk4gd or on ¢onylgtlon ol the seNt¢e.
fj Fund ￿￿oUntIng
General fvnds are unresliiraed funds Nthtch are avasl8ble foruse atthe di5cretv)n otlhe TJustees In furtheranGe t)f the genaral objectives orthe Charity.
R8￿fktsd funds aTè to bè usèd lor ¥pe¢ifi¢ purposes as lald do￿ by Ih¢ dorKsror Ythich hav8 been rai%ed by the Charity for parti¢ular purposes. The
costs of raisng ard administrating such fur￿5 are thaiged agaiysl the sPe￿fiC Eund. The aim and use of each rèstrided Is sot Dut in the notes of
tho fman¢ial ststsmènts.
Invesfrmènt Income, g8MlS and losses are alb¢ated to the appropriate lund.
25

GLOBAL HEALTH PARTNERSHIPS
(A company limited by guaranta¢J
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED31 DECEMBER2￿24
Accounting policies {cantinuedl
g) Expenditufe and irrecoverable VAT
Expenditure 15 recognisad onre thère is a legal or ￿¢￿StruCtive obligation ts make a payment to a third party, It 55 probable that settlement wll be
roquirgd 4rsd the atTh)unl of the oblyatKtn can be measurèd reliabty.
Costs of ¢harttab5e activities are the costs applied by tho Ghanty in undertak￿g ts work and achpving it5 charitable obiÈctwe5. as opp05ed to the o)st
of raising funds to finance those objeetfves.
Non-diredy attributable ￿$ts are allocated baEed Dn an estimatè Of tim speNt
Expondiiure on raising fund5 ￿￿te to the costs incurred by the tharitabla company lo raise fLmd$ for i& charilabl? purposes and Includès Costs ofall
fundraisin9 activitsesevents and non<haIltab￿ trading.
Exponditure on charitable actwth.es include5 th8 tosts of dwodty undértakw)g the ac*vitr&s f￿ther the purpDS85 and obje￿"ve$ of the Chortsbte
company, and their a5SOCtated support eosts.
Grants a￿ In¢￿ded irt the $tat¢ment of finan￿31 adivrties as they become payabk. Global Healih Patherships abihty to rTwke grant paymer)ts is
enbrely depolld2nt on lunding (FCDO. OHSC, EU and CRI FOLInda￿￿} under the contracts that are the subject lo annual renegotiation. In the ownion
of Ihe Trustee5. 4 constnjctve obligation is only ¢reaièd vknen {)1 on90ing grant condth.ons are boing fuwfiled and, (l)i ¢ontra¢t renewal ha5 been
successfully negotiated wfth drflerÈnt grant0￿.
lr¥•Wvgrab￿ VAT Is Charged as a cost 8g￿￿5t the 3Gbvty for vknkh the expendituro incuNÉd.
h) Allocatlon ol support costs
Expendthre is allo¢atgd to th& parkneular advlty ¥kn*Te the c05t reEate5 dweclly lo that actwty. Howver. tho c05t ol tsverall direction and administration
gf ea¢h adwity, Gomprtsing thè saL7ry and overhead ¢osts ofthe cèntral fvn¢ilon, is app)Tboned on the following basis are an gstimate. based on
stsfF tlmo. of thè amount attsibutable to each aclpity.
Where inf0m￿tIOn about the aims, obiedwes and PToiects* of thè charitabla company is P￿vided to ptslenknal ts¢n¢fwrie5, the rA)sts assoraatod
thSs publl¢lty ar* allocxted to ¢har"rtabl* expenditure.
Support and goveinance costs are ¥e-allo￿ted to each of tho adNitses on the followiw basis ￿[Ch is an estimate, based on stsff tim?. of the afnount
attributabje io •ach a¢tivty.
Govomance costs are Ihe ¢x)sls associated with the g0veMan￿ arrangement5 of thè charitabb compHny. These costs ar8 a5souat•d wlth
constitutsonal and statutgry requirements arKI irKlude ￿sts as50Ctated the stratetyc manag?ment of the ehartys a(*lvrtie5.
i) Foreign Currencies
Mon8tary assets and liabilftes denominated in fore?Jn curTeDuÈs ar& b2nslated inb) 5t•r&ng at rates of e¥than￿ rnllng al th• repo￿Trg date.
Transdetbns In loreign cwrenues are transkted into Sterl￿g at the rats ruling on tho date of trar154ction.
Exthange ga4is and Ioss•s arè reeogntsed in the ststement of financi31 actiVtb8S.
Jl Tangible fjxed assets
Tangible fixed assèts eostsng £SCQ or more are carAialised and reeogntsed ￿en fukne e¢onomtc benefits are probable and th8 costs can bg m¢osurod
reliably.
DepreGkition c05ts are alhcated to ad&viti&s the basi5 of the use ol the related asg¢ts in th9￿ actAifd&s. Assets a￿ ￿vIewed for Dnpairment tf
elrcumslah¢es 1ndl￿t￿ Car￿n9 valua n*y•xeeed th2ir TrEt realsable value and v4luE in us&.
Dep￿tiabOn 1$ provtded at rate5 calGulated lo wff4t8 dovm the c•st of each asset to *5 estimaled Yesklual yalue ovtr its expected useful lrfe. Th8
depretiation rates In use are as follows-
Computer Equipmnt
33% straight Ine
k) Liabilitie$ ar￿ provisions
Creditors and wovision5 are rertsgnised where the ¢haritabl8 ￿mpanY has a prosènt obligallon resuttin9 from a past event that wal probabty iesult in
the Iransfer of funds to a third party afjd the amount due to sett￿ the obllgat*?n can be ￿Ea$UTel or estin¥gtod relably. CTedknrs and provislons are
nomwty r•cognised at Iheii settlement anp)urf after altovKffJ for any Irdde dis¢xunts due.
l) Financi31 Instruments
The Chaffty has financial assats and finanaal liabilit￿5 01 a klnd that qualifyas baslc finanual instNments. Bas1¢ finan¢iql instruments ar8 indial
recognised at transaction value and svb5equentty measured at their Settle￿￿1 val￿.
26

GLOBAL HEALTH PARTNERSHIP8
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED31 DECFMBER 2024
A￿Ount￿n9 polic1￿ l¢ontlnuedl
m) Penslons
Global Hèatth Partnerships operatès a dgfinèd contribution pension scheme for the benerrt of st3ff. Thè chafftabla companvs ¢ontllbution Trs charged to
the Statpment of FInar￿la1 Actwrf(ies in the fLnanGial y8ar. Th¢ ¢haiitabte company ha5 no underthe stherne other than f￿ thg p3yment olthose
contributk)ns.
n) Critlcal aeeounting estimate$ and arèas of of ILsdgement
EStI￿￿te5 2nd judgamonts are GontinUal￿ evaknated and are basad on historrical expellen￿ and othef laGtors. including Q￿GtatiOnS of 8vènts
that are believed to be reasoTrablB underthe £ircumslance5.
Tho Charty makes Èstimates and assumplons concemino the futum. The resL4ting a¢¢ountirwJ estimates and a5sumptp)n5 ￿1. by definitson. seldom
equal th8 related aciual resu￿. In the opinion of the TNstees there arè however nts estimates and 4Ssun¥Jtions that have a signffi¢ant risk of causing a
material adjustment lo the carrying a￿Uftts of assets and liabilfties within the ne￿ financial year.
27

GLOBAL HEALTH PARTNERSHIPS
IA company limited byguaranleel
NOTE5 TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED31 DECEMBER 2024
2 Income from donations and l*gacies
Total Fund5
2024
Total Funds
2023
Donation5
Lègae*$
77.864
29,670
77.864
29.670
I Incomè frorn dOnat￿Tr5 4fKI legacies unrestricted in the ¢uThont and ￿v￿u$ year.
3 Income from ¢haritable activilies
Unrestricted
Funds
20Z4
Reslrl¢ted
Funds
2024
Total Funds
Ttstal Funds
2024
2023
Programmes & Prtslècts
Manag8m8nt fee
6.745
938.798
13.332598
13,339,343
938.798
4.925.973
328.540
Totsl 2024
945.543
13.332.598
14,278,141
5254,513
Yotal 2023
4 918 606
5.254.513
4 Investmenf Ineome
Total Funds
2024
Total Funds
2023
Bank intèrest
4,359
783
All Income from investments were unrestiiLted in the GLvrÈnt and pr8vlous yèar.
other Tncorne
Total Funds
2024
Toial Funds
2023
Conference 8nd events fees
219,374
62.129
All othei InGtsnw unvg8trthd in Ihg ¢urrgnt arrfl pr8vious year.
6 Expenditure on raising funds
Costs ol ralsing voluntaiy income
Total Funds
2024
T¢tal Funds
2023
DiTeCt $ataties
oth¢r diTeGt ¢ost$
AIIoGated Gentfally incurred fundraisin9 and govemancè eosts
161,308
127,066
130.443
712e6
8,352
42.898
428,817
120.516
Fundraisiny tradi￿ expenses
Indirect Salaries
33.044
51.107
481.861
171.623
All ctssts of Yaislng vtsluntary income were allocaled against unrestricted lunds in both the £￿Tent and prior ￿2T.
28

GLOBAL HEALTH PARTNERSHIPS
(A company limited by guaraTrte81
NOTES TO THE FINANCNL STATEMENTS
FOR THEYEAR ENDED 31 DECEMBER 2024
7 Analysis of grants
Grants to
In$titutlons
2024
TO￿ FuwKIs
Totsl Funds
2024
2023
Grants aNwrded to NHS arKI at7demic partneTS
7,784.1
7.784,136
1,S24.908
Total 2023
J,524.908
1,524.908
The Charity has made the follovding material grants over£50.WD b instknbons dLrring the y4ar.
2024
Name of Institutlon
Liverpool school of Tropi￿7 m*d￿l￿t
Intrahea]th Internaknonal
ng's Ctslleg¢ London
Dharura GIc•bal Emgrgefv Care
Rtsyal Collegè of Obstotrics & Gynaecobgy
NANA Glrls and Women Empowennent Initiative
IDtèmation#l Childreftt Pallfativ¢ Care Netw)￿ (ICPCM)
Th? Royal CoQ8ge cf PaÈdktri¢s and Chlld Health
AddÈnbrooko's CharRable Tntst
Clintork Health kncess Initiative
8FIRST- The Royal CDII?ge of Surgeons England
Florence Nightingalo Founda*'Dn
Blltish Pa?dHtric Neurology Assoc't)
The Royal College of En%rgency Medicine
Unfversly of Fluddersfield HEC
Amèri¢an Univ•rsilyof B&irul
FACULTf OF PUBLIC HEALTH
Nottingham Trent University
Th8 Royal College of P5yehlatdsts
Royal Colleg? of Patholegists
Th& Royal College ol Ana8sthetlsts
Hampshire Hospitals NHswr &8
PHASOM
Insthuk of Applt¢d Studias and Rasear
UnNer5ity Coltege London Hospitals NHS FoLmdatKJn Tntst
Easl London NHS
London School of Hyglènè and Trop. Mgdliln•
NH8 England
725.420
664313
407.615
333,744
$32,440
332.434
329.374
318.539
2&5.670
286,930
2&5.OlJO
273,861
2￿,$26
254,105
226.900
112,518
108,292
104.076
96.813
93,024
62515
56.742
56.116
53,699
53.657
52.246
52,230
so,oTrJ
6,271,4S5
Other 9rant5 to institutions
1,512,661
7,784,136
8 Analysis of expenditLKe by activltiès
ACtI￿lIeS
undertaken
directly
2024
Grant funding
of 3Ctiwties
Total Funds
s￿pOrt Gosts Total Funds
2024
2024
2024
2023
Programmes 8 Projects
Grant$ a￿rd￿d to NHS and acad8mic partners
5.588.096
435.965
6,024,061
7,784,136
3,558.279
1.524,908
7.784.13S
5,588.096
7.784,136
43S,965
13.8Q8,197
5,083,187
Total 21Y23
2.9942fi
1.524,908
564.022
5.083,187
29

GL08AL PEALTH PARTIIERSHIPS
IA cor￿anY lirvited by QLEranteel
NOTES TO THE FIlTh1A￿TAL STATEME￿8
FOR T14E YEAR E￿aDED 21 DECEM8ER ￿ry4
8 Analy515 of exFenfliture by activities Iconllnuedl
Analysi5 of direct costs
Tolzl Fur￿$
324
Totsl Funds
staN c¢sts
tjrecl expen(fjtute on wowarnm£s and rmiects
2,Q88,581
3,499,515
1,214,96
1.779.295
Tot41
5,S&8.og6
994,257
Analysls of support cost5
Total Fund
Total Fur￿5
2023
Staff costs
Governance ¢05ts
AdrTUTrStralion andnfffce expense5
Rent and rates
86.118
28.997
31B.85D
306.639
16.905
Z40.478
435.￿5
564,022
9 Audltofs Eemuneratian
Auditorfs rornuneration i￿4￿￿e$ fegs pw]able Forthe statutory ¢f £16.460 POry3.. £15.6751 and r¥)n audrf serv￿5 in relatDn tD Ihg
prapaBtion cf the linanck21 staiemènts of Ll.94CI12023.. L,8001
10 Anatysls of Staff costs. truslee leMuneratk￿ ande]Kpenses. and Ihe costof key management Pe￿0￿ne1
Stsff costs were85 follows".
2024
S8L8rY&s and wages
SociBI 5èEurty cosis
Contribution to def5ned contrilxrtb)n ponslon scherr*s
1282J10
199,043
TT.397
1.L?1.105
1*4,856
47.056
2.558.750
1,693,017
The folk)wing numberof ern￿0vee$ receNed ernpkyee lexcludirwJ etrwloyer ￿¢1￿01 and pension c05ts1 th? yoarteiween..
2024
£6D,000- £69.
£70.OOQ- £79.999
£80.WO_ t89.999
£gD.QOO- £￿:9
£100,000-£IOg.999
The key mar.8gement Pe￿¢)nnel ol Global Heatth Pai*erships ￿MPr￿&S the thef ExecLrt*ie and the Senior Managern￿t TeaTn ISMTI. The SMT
Gon3151s of the ChEf Operatin9 Offioer. Dewty CEO anc the [*r￿tOr of PN)gra￿￿25. The total ernpltyee bernFils including ￿nsiOn contnbutv)ns of
the W rnan8Frnent p¢r5C>Anel WEre £397.￿4 ". £364.>871.
The TrLStees were not Pail orfecewed ary ctherbenefi15 from e￿￿0Yrnent Mith ¢#witable com￿nY kn th8 year. No tr￿tee recefved paytt*nt
professb)nal erother Services Sup￿tell to the charita￿e te￿.pa￿
T￿l￿e5, expens¢s Tewe5ents paynpnt or re1m￿#s8r￿￿t olts¥vel sutstsl￿e costs totallirs £951 lot 3 T(ustees I20￿.. £1.018 for 2
11 5talf numbe
The average wmtkrof enWayee5 Ihead ksed onwrnter ol stsff eryWI (knring the ye3rw35 a5 follows."
2024
(jarital￿e activiti8s- prcgraTnme and projects
AdnNnisttaUon
Generatiro income
67

GL08AL bEALTH PARTNERSHIPS
IA cornpaiyi lirnited by gLrar3trteel
NOTES TO THE FIPJANCIAL sTATEMEr￿s
FOR TPE YEAR ENDED 31 DECEM8ER 2024
12 Tangiblefiied assets
Comtxtsr
Equipw*nt
Total
8alarKe brought forward
Addthons in y£ar
¥posals in yÈ2r
34223
8.898
At the end ol the year
43.121
43.121
Depreclallon
Palan￿ brDusM lorw4rd
char￿ lorthe ¥ear
Elitninated disposal
31ts43
2.243
31.943
2.243
At the end ol the year
Net botsk valuo
As al 31 E)ecember 2024
34.186
34.186
8.935
8.935
As at 31 December 2023
2,280
1280
of the ab)ve assets are fprcFwhable purp)ses.
13 Debtors
2024
Trade debiors
CtkEr detA?rs
Pr8payftEnls
Ac¢rued Éncome
135,010
388.285
44.472
719,884
623.750
79.623
6,467
453.180
1.287,651
1,163.000
14 Crèdltors: amounts fallln9 due wlthln one swr
2024
Trade¢rerJitors
Taxation and $ocial secLrty
Other cre￿it0[$
Cwerrecl income
Ac¢wals
151a75
134.841
251,381
116.380
1,763,138
57,240
25297
517.158
15 Deferred Income
tkferred In¢orfie CarnPEises wntracts and other ￿¢0￿￿wI￿R Ihe acbvrty to delwer seEvi￿S furKJed irroTrE doe5 Mt oc¢ur until the followirvJ
2024
8a&nce at the beginniro of th& year
Jnt released to the year
Arnount ¢Jeferred in the year
1.763,138
11.763.138)
1.763.138
BalanGe atlho end ot the year
1.763.138

GLOBAL PEALTH PARTfERSHIPS
IA cornpary Iirnited by gLAranteel
JTES TOTHE FINANCIAL sTATEmETr￿s
FOR TFE YEAR ENOED 31 DECEMBER 20?4
168 Movemen15 in furnjs Icwrent swr}
Ai l Janlkry
Expen￿Ure
Tran5fer5
At 31 December
2024
Restrtcted funds
rjèpafimentfaf Walth SD¢wl Care-C*PAPdS
The 8urdeU T￿51 for NU￿ng GFanl
Bill & MelindaGates Founclybon
Health EthKJbon E￿lan
Johnson 8 J¢hn50n Foundation Scotland- Mothe￿at OeFIwy
DHSC- G1obg1 W6atth Worhlorce Prngrammp
Fraxlnus S￿￿table Trust- ￿maIlL￿Trd
Fraxinus ChariLable Trust- EthioFia
ReMI)tè Inteiffttional Menloring Partn￿hIpsc￿en￿ IRIMPSI
EV furp3¢d Syria project
Sanrfi- Zamkna & Uganda
GIDbAI Health Partnprship
The 8urdett TTUStf)r Nutsing-NNCF2
The EuTOFean Union- UFUQ syr￿ s)rojeY
NHS England- Glot81 Cap3C5ty 8tsikfing
FCW-UK M¥anmarHeatth Fund IUKMFFP
Expèrts in midst
Tho Ftreign. CornnWnv￿￿￿h & DB¥eloFYnenttXice- [￿batyA
aalarCharity-NQIP
CRI Fwndalwjn
Other rpstricted fur
9.830
7.a16
98.679
1.9Tr 987
I2,039,￿2>
11.9161
1159.1831
I49,￿2>
112fj.0361
17.667.72?1
I169,￿?>
167.4091
145.1491
1190.2881
1135,3?61
99,7S4
27,566
112.3811
131.910
43.799
69,610
3,236
113,655
97.?69
7.302,263
36
137.219
.385
5.CQO
172.OCHJ
3,473
18,3?6
8.254
676,446
21.99?
18.326
1rA).000
1.643,483
a￿.497
'91.7461
1987.0311
181&5051
134? 1K11
155,7391
I104,￿5>
19* J31
1161 Q181
196.1?51
ll￿,0￿0
304.044
44.?61
11.9491
83.53
61.13g
234,748
3.5C6'
Total restrl¢ted fvnds
4 069,239
13.3V.598 113.3 j? ?321
5.512
2,035,111
Ljnrestricted fund$
G8n*ral
691.185
1.247.14)
I897.8￿)
15.5121
1,034,987
Total unrestricted furvJ5
rot.185
1 ?47,140
1897.8261
15.5191
1,054,987
Total funds
2.760.47x
14.579.738 114.27Q.0581
3.070.097

LOBAL FEALTH PART￿ERSHIPs
IA ¢onN)any limited by gLFranreel
NOTES TO THE FI￿lA￿lAL STATEMETrtrs
FOR THE YEAR ENDED 31 DECEMBER ￿?4
16b Movements In funds Iprevious year)
At 1 January
2￿£3
ExFer¥Jtture
Trnnsfe
At 31 Dècember
2023
Restrtcted fvnds
Oepatthenlfor FÈatth and Sx181 Care-CwPAMS
Tho Twsrfor Nutslno Gra
Bill & Melinda Qat¥ Foundation
Health EducalDn England
NHS Ewland- Glots41 Bu1￿1n9
John50n & Johnson Fwndavon SCot￿n￿- Sawng mothe￿ at Ddivèry
Johtsson & ￿hnSon- Samng IhotheF5atDBINery- S¢m*iiAnd Phase2
OFK%G-Glotol HeatthW¢rkforce Programry
FraxlnusClk4ritablÈTr￿- sorw1lla￿J
Fraxinus G￿ntable frrtsE- EthIoFia
DttpattrDÈntf0rk￿oIth and &Kisl CarÈ- FLblure IDternatiDn31 Workn)rr
PrDgramn
Intenki*oDJI Mentoriny Partnpr5hipSchBme IRIMPSI
FCDO- LIK Myanmarlkdlth Fwd ￿KM￿FI
EU lunded SyDa
QatarCharrty- Naip proJErt
Sanct1-ZaM￿a % Ugnda
156.816
? 020.706
11.937.69?
44.403 ?5
1148.7861
1?84.7801
{￿7.141>
239,830
160.011
41.78?
87.454
130.504
?57141
158.￿7
98,679
77.518
19.9891
37.43?
1E4,698
114,5181
118.6791
113.655
1146.IX91
130&1691
11416931
I1,[￿8}
8t6.439
497.209
913,295
137,219
157.99&
9.08D
44.844
58.303
18.750
1266.6851
120.W91
37? 5031
13?a4391
159,$901
110,2011
169&}
)3.179
59.690
477.000
65.7es
SandozAG- Novartis SDGial B4sines8
Global He3th partne￿hIp
14.4711
18.3_
70.094
1,5
Olherpstrded fvrtds
&9,732
64,237
13
75.602
Total restwided funds
1.712.106
4.518.6C6
14.519.1651
{4? 3151
2.C69,232
Unrestrlded lunds
General fil￿
956.026
428.489
1135,64SI
42.315
691.185
Total unrestricted furvjs
956.046
4￿.489
IT35.6451
691,185
Total funds
5.347.095
15,254,810)
1700,417
The overall réason for the transfeT ol ful￿5 fmm rèstricted re5erve5 to ￿￿trict8d 15 due to vamus rest￿ted rmjects fIn￿hing in thè year. Where
projects are deliverables tr*serS. any unspentf￿dS at the ènd ol the prowt do rK4t need Ic be ￿t￿rred. a￿ Ihereftsre tsa￿$ferye￿ to unre5ttaGted
serves. In Olhercases, where th? fina￿431 rep)rts for projects are prepared in another currew. there is a C-8P balan¢e bErt no b218nce in the project
Jrrency, al the end of th& prq.eol ckne to the ￿￿e￿[￿nts ID re￿an1 ex¢N?￿e rate o¥￿the ¢￿￿e of the rxojÈct. Th￿ balartt 15 therefo￿ free 10
te IrartsfErred to 1nrestri¢t￿ reser￿$.
pu￿05e% of restrlctod funds
C* rtrfÈnt for F*8llh SoBi31
- C.wPAIAS
Funded UK Dfjpartmenl for and Social Cat?, CWPAMS is a £2= m￿￿)n 9rants progremrne for UK-LMIC health partnerships Driginal
running from SeptfrffQ)er 2018 to May 2020. As a r8suk Df the inwacl of thÈ COVltk19 global p2ndenN¢, WDgramrypwa5 extended until Jur￿ 2022.
In JU￿ 2022 a £4.54 million Phase ? of this proiect 8greed with [￿s¢. Gbbal F￿a,:￿ Partoership STIana￿s the pri]grarDmE in partnership with
CommDnweaKh Pharmacists AssQ¢l8tion. who pm¥￿* teciinical $bpp)rt lo grant hcder5. 1? ar8 funded Ihrough F*owamme.
0￿rating in Ghana. Ta￿Tr￿la. U9antk, ZaN&&a, KeTr,'a. Malawi. I￿98￿• arK* Sièrra Legne. with aim ol implemenb'ng artitri¢roblal steward5hlp
irnwavement projeots in alvJnrr*ntwfth Èach ¢xunlry% 14ational.4cth)n Pbn onaniThKrokn"al re51St3nce.
2urdelt
tust for Nursi
Thi& prograM￿ts awards MU￿[n9 aTrJ MKfvvlery Qtyalty Improvernent Fel￿￿$hi￿ to ￿11￿ thè leadèrship of nurses arvj rniowiqes in the Ln<, Africa and
Asla. Thts rurA in synergy wrfch the UKPHS pragramme kEE bJLMSry Now eBrnpa￿n to [T￿XI￿ls￿
M linda Gates Foundation
A progTrmry¢ wh￿h seeks to take & systematic apprDach ID rais*ng awarerjpss ol ￿aRh and ODA issues aMD￿$t Se￿018 of The British wblic. The
orfglrdl three*ear progTrmme [in￿h£d in 20￿, w￿￿ a foyow-on l¥Ytryear FwograrnTht %larting ID AuJtst-.Lla? aTrJ a further CEE-year [￿gram￿

GLC8AL FEALTH PARTfERsHIPS
IA coryany limited by 9Lafdntee}
tyX)TES TO THE ANA￿￿lAL STATEMErqrs
FOR TH& YEAR ENDED 31 DEGEM8ER ￿?4
Purp(tses of restricted fund5 Iconllnuedl
Heatth Educ31￿￿ England IHEEI th8 Glob31 FkaAh PartrwrsF4) have Wofking in partn￿$￿1P 8ince ￿16. The partne￿hIP alltrw5 HEE to offer
q￿lIty education and training oFw)rtunil￿s to WS staff in Low- a¥uJ IAI(th-lrtoft￿ Countrfes ILMThI. It build5 on QIDLEI Heanh P2rtTEr5hip'$ lory-
standing rde in trrdnaging heath partnÈtsh'ps b8hv8en ￿alIb In5titutiorts inthe UK anEI their ￿￿￿te[part5 across 31 countries in Afric8 and ASH.
The 2023 SeNice Level Agreement ISLAI ￿ conlwa¢ting Glotol Fknlth Pdrtnètship lo th1i¥eraclpiit￿S aall￿d at develoting tts eyidenre basd for this
approach. Wb1￿￿1￿9 IFEsè opportunibes to >JHS Staff, 2ro cortinuing activ￿ in Myarrror and L42nda. Iwo countrie5 with es￿cIal￿ closè tles to Ihe
hea￿h ￿r￿M￿n￿. thrO￿h Alliance$. th l Awl 2023 FEE olrKalty merged Yiith E￿8.
E L4nd- Global
The ain￿ ol thrJ p￿lect lte the provis￿)n olgrants to Hèalth Partne￿hipS io ger*rate vthleering0p￿rtU￿rtes lo NHS staff,. the thDnrtoring ol the
l)entrfi15 ofvolunteering tts the NHS.. And providing in￿L￿1ry swrt to ensuttthal all ￿PertIse r6 tat¥e*od at LMIC Fjattwal and irslrtubonal
prforilieg.
-sa
Mtsthers at CTrdrrfe
The ¥tsv)n of this proseBt s that public hèath facilit￿5 in FAy2*nvr and Somalilanrl are saler places for mtrthers to LrteFgD Èrnery8ncy prLKedure8
related to delivary, and that rnTbidty ariEiDg frorn ttrese sre n*nimised.
hands
The Future lrternBlion21 Workforce Programrn*18WP) 1$ f￿￿e￿ Dep￿rt￿nt of Heahh and Social Care. The PwraTrmè airn5 tD address th8
gk)bal Shortagè of nurses W.. incroa5iny Ihe qvalty of rwrse training in suppty o)unlries leadng lo an inBTèase in ￿tter Irairpd nur8es'.
delwering training that lead$ to DtsFS& qu21rf￿1IC￿s lo T￿L'9ee$ldI$￿aC￿￿ p¢optè,' and 5upporlLng governff*ntS to imwovg their health workforcè
managernent.
Frayinus Chs
ble Trust
Tbe of thr& prujÈL* Is to I￿r￿e att85S L* nprginatsed Wo￿Tr tg qualty n￿[eMaI and tsLBtet￿ Care in Sornaliland.
ug
Th* aim of thi$ project is the ImprovenTert ot dsea&e caElor Unde[5ery￿ communi￿.e& In EthlopA.
Remote InterriBl￿n￿l MerrtontF
Partnetshi
Scb&me
RlllPS
The Remotp Internabon21 Mentoring Part￿[Ship st￿Me will UK4)a5ed IrKlw￿uak from haalh 0rganLsat￿n5 to provide r&rmle meniorfng
wiihin up lo 10 intemalwjnal health part￿rShIPS Iwilh a 015 mBnlee$ partnershTpI in ltyw kwer midd184ncome countrteg. This wli I
eNbk health workers tc feel l%tter SUFV)rted in their ro￿. and c(*￿¥quantty provjde LElteT quality of care. as well as e￿unnY IIE crK)tinued
er&ag&rnent of heath partfW5hips and 1ndNJd￿a15 in gk)bal h8althwDFk at t>)￿.
FCM_UKM
anms
The airn of this prograft￿6 ri to address variou5 ￿althcare challewas that have arisen sirto the covp in Mianrnar af¥& b enkned longer4erm health
systems strengthening In the country.
EU fun&d S
Tha aim of this proJr3mme is mapping ard 5Th)ping 25sBlanc8 lo teaTY7 care workeES and human re50L￿CeS for lrtludirng the design of fLrture
5UPPOrt to rKre quality assurancè, e￿¢#lIOn ar￿ ￿[￿esentatrIe functior6 forthe r￿￿1￿￿1 wofessbrL
Global F4,eatth Partn8rship is a¢ting as a partT*rto King's College LondDn whc* ale Ihe truin yrant ￿tipIent farthis project. The overall 8irn of the
prujed Is 40 inFrove the Quality of Fkathcarè in SoM￿lL3nd. wth GIDU31 ￿￿8#h F¥rtnerslNp assisting devdolyng ? strongerworkforcÈ lo dalNèr
aualit4 of Core.
biry & U a[￿a
The aim of Ihiq proj8Ct B ihe 1rnprove￿nt of the INe5 of wtJrrEn in Ug3rKla Zamt*a kvivdwi(h, or at rsk Irom breast (Ertsr. bthwho are rnl
currenuy gelling Ihe h￿￿theY nee
. Novattis S
inèss
This proiecl &nables EuTrI s(rffering from chronr dsÈases to rec£ive e&sentgl care near to their homes from car& workers who 8fB
appropriatety trained and SUPFXrtad and encotwgd to devekjptheir $k￿ls.
iame
ineeri
In reswnse k* g rEquest Zamb]an Ministry of Gkn￿l Heaah PartneF5ty ar¥J our partn￿5 had dslivered 2n inMvati¥e and 510talnabte
training and educat￿)n wtsiect. wh￿h had assistedwith the developrnent and delivery of Master of Med￿1￿& courses tn the s818Ct8d clinKal s￿¢[al￿M5
of Pathol￿¥. ar￿esGIObal Partnership ￿5. psyrhiaty ar5d biom8dical engineeriro.
The aim of Ihls project * delNering UK4ocal halth system partpetships lrfihe P￿￿&Mft* io address heath workloEre woritYa5 in Kerya. Gh)n3,
MgÈda and crDSS-LMICs.
The Burdett TFUSt for Mr51
- Nrijc
The Nursiry Now Ch311enge Fdro￿￿1¥p proopamrr* ain8 lo deY8bp the skiiL% and18adwthipr4 ewfy Gareernursès and mthr4e8 in low and l¢ywer-
ic*Jle I￿orne countries
34

GLOBAL HEALTH PARTk.IERSHIPS
IA ¢ompgny Ilmited Lry guarantee)
DTES Ta THE FIFIANClALSTATEMEI￿s
FOR THE YEAR ETrIDE0 31 OECEM8ER 2024
Purposes of restsicted funds Icontinuedl
ID
anun
The purpose of the proJ&cl is the upgrading and future*rc4)fjtyd Of Iwrngn resourres heslh lot Unwer5al heatth Covera￿ and ÈÉtkr￿￿lty care in
Syria.
In Our Midst
The programrne sheds I￿ht on t￿e krrtywledge ir*emktionalty recruited I￿71h¢2￿ prof8s5ionals have ol overseas health Syste￿￿, ID wasis that
empowatS then as indNiduaL5. a￿1 aims to harness itrÉ kr¥￿Ie&Je dk7spDfd Statf hive of olherwlth $y5toffts to deveknp practical solLrtiorts that
ifflprove hea￿￿ service delNery in the UK and ￿erSta$.
The For81
8211h & Develo
rne
With support FGDO. THET al￿ lo addres5 ZimL¥thyean beallhsector priorit￿5 thwh a UKZirntelwè healh partneTrhlp 4)praach.
CRIF
GHP Is SUPPQning ZamExan MOH in thvelopiry bXTrd￿aI etYJlrEfrixMJ kld.
Analyst5 of Rei assets belwepn IUF
2￿4
Restricted iJYestfjthd
Fun
d5
Totsl
Taruible Ès5ets
Net current assets
8,935
&935
3.061.162
9035.110
Total Funds
1.034.967
ResI￿ded
FutMIs
Unre5triGtecS
fund5
Totsi
Taruibl8fix£d a$set5
rJet current 35oets
2,280
688.9D4
1758.137
Tirtal FuTrJs
2.￿9.•3?
3)

GLOBAL HEALTH PARTNERSHIPS
IA company limilgd by 9uaranl?e}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE Y&AR ENDED 31 DECEMBER 2024
17 Legal status of the charitable company
The charitable Company is a company fjmQEd by guarantaè and has no share cawtsl. Thè liabilty of èach mèmbor in tho
•v¢nt of N¥indlng up B limited to £1.
18 Capital Commitments
There ￿re no capital comThritmfrnts not provkjed for in tho floa￿181 $tat¢mènts (2(Y23: None).
19 Penslon commitments
Tho Charity epera*ès a dgfingd coTrtribukon pensicsn s¢hemo_ The assets of thi£ schamg ara held Separate￿ from thosÈ
of th8 group in an indepondenlty admini5traled fund. Tho ponsion cost charge reprèsents eofttrbLrti)ns payable by the
Challty to the lurxl and aTnounted to £7T.397 {2023_' £66.2081. £22.656 {2023'. £8.661) *es payable to the fund al the
balanc& sheet date and Is In¢tuded in credthors on the balance sheeL
20 Funds held as intefmediary agent
At yeai end Gtobal He8￿h Partnerships acted as an inteTrned*ry agentft>r the lollomng organisalions and indiv￿￿alS.
Tho balances ststed reprosenl cash at bank. The followng balarKes. and any income and expÈnditurè in the peiiod.
have not bègn includod in thg finan¢HI statsbrnnts-.
Batance held at
l January 2024
Net receipt5 1
payments 2024
Balance held at 31
December 2024
Andiew Quayle
Links Lusaka
{1.525)
4,502
11,5251
5.770
1.268
2.977
1.268
4.245
82￿nce held at
1 January 2023
Net
receiptslpa￿enI
5 2023
Balance held a* 31
Dte¢mbtr 2023
Androw Quaye
Llnks Lusaka
Vota Baley- TA
V¢ta 8aky- eT
11.525)
3.235
8.2Ce
{8721
11,5251
4.502
1.267
(8,209)
9.047
(6.070)
2,977
Andiew qUa￿t
Funds held on behaw of Andrew Quayk forthè support fot upgrading tT*dtsl qualrfutK*n5 in Zarnbia.
Llnk¥ Lusaka
These funds are belng held by Global HeaRh Partnership on tehalF of a liTrk befvfften Lusaka¥ Universty Teachin9
Hosprtal and Brighton and SLE5SOX University Hospita15 and Medical School b support their ￿0-WaY trips by nurses,
doctors and librarians and other allied health profess￿al5 forteach￿g and CPD.
Veta Bailey TA
Funds received to support the devek)pmert and academi¢ partnership bets*en UK and a Tanzanlan partner whlth VAII
lead to jomt TeseafGh aGttvitle5 With a focus on dgcentra1158d care and qualty s8Nice provi550n.
Vtta Balléy Er
Support lo provide training to trainers in stroke carè at Jimma and Gondar UnNet5ity Teaching Hosprftsls in EtIMopia in
¢ollaborAtion smth the Un¥versty of Southampton.
21 Post Balance Sheet Events
There knEre no p051 balance sheet ev8n15 that requira disckssure in the ￿rK)d under review12023.. None).
22 Related party transactions
Juslinian Ash, a Trustee of Glc*bal Health PaTtnership and h5 ￿fj[e ar8 Trustees of thè Fraxinus Trust. During the year
the char￿v received grants totslling £Nil from thi$ organisation {2023.. £337.2791- Dèfails of the prr>jo¢ts und¢rtak*n by the
harty are in rote 16.
There ￿tre ho other related party tra￿4￿￿}￿5 during 202412023.- Nane).
There are no donations Irom related part*s vth*h are ￿￿SkIe the normal course of buslness and restrlGted ¢Jonatlons
frDm ￿lated parties.
36

GLOBAL HEALTH PARTNERSHIPS
(A Gompany limited by guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
23 Comparative Stalement of Flnanclal AG￿vItIeS (year ended 31 December 2023)
Unrestricted
funds
2023
Restricted funds Total funds
2023
2023
Note
Income from:
Donations and legacies
ChaT[tal￿e activrttas
Investments
Other Income
29,S70
335.907
783
62,129
29,670
5.254,513
783
62.129
4.918.606
428.489
4.918,606
5,347.095
Expenditure on:
Raising Funds
CharIta￿e a¢tiv(be8
171.623
564.022
171,623
5.083,187
4.519,165
Tolal expenditure
735.645
4.519.165
5.254.810
Net (expendlturè)lincorne
{307,156)
399.441
92,285
Transfers betr¢een funds
16
42,315
142.315)
Net movement In lunds
(264.841)
357.126
92,285
Reconciliation of funds:
Total ftjnds brought forward
956.026
1,712.106
1668.132
Total funds carried lofward
691.185
2.069.232
2.760,417
37