## **Trustees’ Annual Report for the period**
**From 01.01.22 To 31.12.22 Charity name: HEALTH SECURITY, INNOVATION AND SYSTEM REFORM**
**Charity registration number: 1136879**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Health Security, Innovation and System**
**Reform’s main activity is to promote**
**evidence-based research, services and**
**efforts for the public benefit in all**
**health-related areas.**
**The purpose outlined above is achieved**
**through collaboratives, communication,**
**education and Health Research &**
**Scholarships.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Main activities include supporting and**
**informing global collaborations**
**involving distinguished decision-**
**makers and influencers from across the**
**World.**
**Consider practical, lasting and**
**innovative solutions and efforts that**
**focus on global healthcare challenges.**
**Support and commission work**
**programmes which seek to address and**
**help raise the profile of global health**
**and security issues.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes**|
**Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
## **Achievements and Performance**
||SORP reference|||
|---|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20||**Who We Are**
**Through a variety of methods, we**
**provide access to a global healthcare**
**community dedicated to capturing and**
**disseminating the best evidence-based**
**ideas and practices.**
**Our vision**
**A healthier world through global**
**collaboration, innovation and shaping to**
**evidence-based policy.**
**Our mission**
**• We forge connections and help build**
**action-driven communities of**
**knowledge who work together to**
**address today's most pressing global**
**healthcare challenges.**
**• We convene and collaborate with the**
**world's leading experts and the highest**
**levels of decision-makers.**
**• We create and disseminate world-**
**class, evidence-based content and**
**knowledge.**
**• We promote active learning and**
**support within and between**
**communities.**
**• We aim to influence healthcare policy**
**globally.**
**WISH**
**• WISH 2022 – supported development**
**of six health reports aimed at**
**influencing policy at a local, national**
**and international level.**
**Health Security**
**• In 2022, commenced a programme of**
**work focused on addressing**
**Antimicrobial resistance (AMR) by the**
**supporting a global movement. In order**
**to effectively tackle antimicrobial**
**resistance, global awareness and**
**behaviour change is needed alongside**
**scientific advances. Building on the**
**historical legacy of Fleming’s discovery**
**of Penicillin in UK, the** **aim of The**|
**Fleming Initiative is to put society at the heart of solving this problem. • The initial phase of this work has involved developing a fundraising plan for this endeavour – specifically working with specialist philanthropy consultants and working with AMR experts in developing a vision and supporting content. • In addition, efforts have been in focused on helping mobilise a global network of support and developing a governance framework to oversee and develop a 5 year plan.**
## **Additional information (optional)** You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity currently has funds of**
**£1.77m.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Our reserve policy is based on ensuring**
**the financial security of the charity. The**
**policy is to retain a reserve of**
**approximately 80%.**|
|Amount of reserves held|Para 1.22|**£1.77m**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
**Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**The charity has an ethical investment**
**policy whereby we do not invest in**
**alcohol, tobacco, pornography and**
**military focused companies. Our**
**investment is managed through an SRI**
**fund from Newton Investment.**|
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**TRUST DEED**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Trust, unincorporated**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**By appointment**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||||
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|HEALTH SECURITY, INNOVATION AND SYSTEM
REFORM|
|---|---|
|Other name the charity uses|HSISR, HISR|
|Registered charitynumber|**1136879**|
|Charity’s principal address|10thFloor, ASU, QEQM Building
St. Mary’s Hospital
South Wharf Road
London, W2 1NY|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**|**Name of person (or body) entitled to**
**appoint trustee (ifany)**|
|---|---|---|---|---|
||Professor the Lord
Darzi of Denham||||
||Mr. Gianluca
Fontana||||
||||||
||||||
||||||
||||||
||||||
||||||
## – Corporate trustees names of the directors at the date the report was approved
**Director name None**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year None Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity N/A Name and objects of the charity on whose behalf the assets are held and how this N/A falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets N/A from the charity’s own assets
## **Funds held as custodian trustees on behalf of others**
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**|||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**N/A**
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date**
# **HEALTH SECURITY INNOVATION AND SYSTEM REFORM (Charity Number 1136879) Accounts for the year ended 31 December 2022**
**Contents: Page 1 Balance Sheet Page 2 Statement of Financial Activities**
## **HEALTH SECURITY INNOVATION AND SYSTEM REFORM (Charity Number 1136879) Accounts for the year ended 31 December 2022**
## **Balance Sheet as at 31 December 2022**
||**2022**|**2021**|
|---|---|---|
|**GENERAL FUNDS**|**1,766,476**|**2,020,449**|
|**FIXED ASSETS**|||
|Investments|1,669,347|1,965,260|
|**CURRENT ASSETS**|||
|Cash at Bank|97,129|55,189|
||**1,766,476**|**2,020,449**|
In my opinion, the above Balance Sheet and the accompanying statement of financial activities are in accordance with the clients books and records supplied to me.
Signed_________________________
Date___________________________
## **HEALTH SECURITY INNOVATION AND SYSTEM REFORM (Charity Number 1136879) Accounts for the year ended 31 December 2022**
## **Statement of Financial Activities for the year ended 31 December 2021**
||**2022**|**2021**|
|---|---|---|
|**INCOMING RESOURCES**|||
|Investment Income|40,312|37,351|
|**RESOURCES EXPENDED**|||
|Grants awarded|108,000|31,937|
|Governance Costs|60|60|
|**Net Resources**|**(67,748)**|**5,354**|
|Investment Gains/(Losses)|(186,225)|217,538|
|Funds b/fwd|2,020,449|1,797,557|
|**Funds c/fwd**|**1,766,476**|**2,020,449**|