CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by. guarantee)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31ST MARCH 2024
(not subject to statutory audit)
Company Reglstratlon No. 8047440 (England & Wales)
Charity Commission Registered Charity No. 1157077
*AD18014H*
18J12r2024
COMPANIES HOUSE
A03
#137

CENTRE FOR HEALTH AND THE PUBLIC INTEtIEST (CHPI)
(A company limited by suarantee)
Company No. 8047440
Charity No. 1157077
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31ST MARCH 2024
(not subject to statutory audit>
CONTENTS
Legal and Administrative
Information
Trustees Re
ort
Inde
endent Examiner's Re
ort
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10
11

.CENTRE FOR HEALTH AND THE PUBLIC INTEtIEST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
LEGAL AND ADMINISTRATIVE INFORMATION
Other Names Used:
CHPI. The Centre
Status:
CHPI Is a charltable company limited
by guarantee, incorporated on 26
April 2012. On 16" May 2014 CHPI
was entered onto the Charity
Commisslon Register of Charltles.
th
Reglstered Office:
Pelican House, 144 Cambridge Heath
Road, London, E15QJ. UK
(previously The Brlck Yard, 28
Charles Square, London N16HT)
Bankers:
Unity Trust Bank PIC
Nine Brindley Place, Blrnilngham 81
2HB
Trustees (also Company
Dlrectors):
Trustees who have acted during the
period of thls report were:
Dr Jonathon Tomlinson (Chair)
Prof Colin Leys
Dr Guddi Singh
Ms Sue Charteris
Ms Lois Rogers
Prof David Evans
Ms Emma Watkins
Executive Director:
The day-to-day management of CHPI
is delegated to the Executive
Dlrector:
Mr David Rowland
Independent Examiner:
Ed Tombs

CENTRE FO.R HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
Company No. 8047440"
Charity No. 1157077
TRUSTEES REPORT
FOR THE YEAR ENDING 31ST MARCH 2024
The Trustees present their repo.rt and financial statements for,the year ending
31" March 2024.
Structure Governance and Management
CHPI is constituted as a company limited by guarantee and is governed by a
Memorandum and Articles of Association. In Ihe event of the company being
wound up, all Trustees have guaranteed to contribute to the assets of the.
company as may be required to an amount not exceeding £10. The Trustees
have no beneficial interest in the company nor its activities and are not
remunerated.
New Trustees are appointed by way of a decision by the existing Trustees.
Objectives and Activities
Objects
The objects of CHPI as set out in the company articles of association are..
.to advance the education of the public in health and social care policies
to promote informed debate and research for the public benefit in all
aspects of that subject and to publish the useful results
Prlnclpal Actlvltles, Achlavements and Performance
Over the past year we have made the public, the media and policy makers
aware of a number of public interest issues.
In April 2023 we published our research into the financial impact of COVID on
the UK care home sector conducted in conjunction with Warwick Busine.ss
School and University College London. The report was covered widely on the
BBC and in the Guardian.
In June 2023 our research into the .changes to the public health structures in
England after the COVID 19 pandemic was published and covered by the Times
newspaper.
In September 2023 we worked with BBC Newsnight to examine the impact of
inflation on NHS Private Finance Iniliative contracts and published a detailed
report on this issue.
In March 2024 ive carried out a joint investigation with the Guardian into
companies generating profits.from the delivery of healthcare to people who had
been raped or sexually abused.

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
In December 2023 we were appointed core participants in the COVID 19 Public
Inquiry as part of a coalition with Transparency International, Spotlight on
Corruption and the Open Contracting Partnership.
In March 2024 we published a report into the outsourcing of NHS eye care
services which was covered on BBC Newsnight.
In March 2024 we held a public event in Manchester to discuss the rise of
for-profit healthcare in the UK, which was attended by around 100 people,
including academics, members of the"medical profession, students and
campaign groups.
Future plans and activities
We will hold further public events throughout England, including in Birmingham
and Bristol in order to engage with members of the public and to raise
awareness of the issues covered in our research.
We will provide detailed evidence to the COVID 19 Inquiry into the use of the
private hospital sector to support the pandemic response and work with
stakeholder organisations.
We will publish two further reports into the outsourcing of NHS eye care
services.

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
FINANCIAL REVIEW
Income
Voluntary income of £57.682 represents donations from individuals and trusts,
compared to previous year's total of £66,947. Of this amount, £10,978 was
designated donations to support specific areas of work. £46,704 was for core
funding.
Gift Aid income.of £6,796 was the total amount claimable from HMRC. for
donations in the period from donors who have provided CHPI with a Gift Aid
Declaration,. compared to the previous year's total of £9,792.
Income from charitable activities of £51 ,800 includes grant income received
towards three grant-funded research projects compared to £62,500 in the
previous year.
Expenditure
Expenditure was primarily made up of staffing costs for the Centre's Executive
Director, Research Officer and Communications ManagerlFundraising
coor.dinator.
Reserves
The Trustees recognise the need.to hold reserves to protect the financial security
of CHPI in the event of income shortfalls.
A Reserves Policy adopted in August 2021 sets out the intention to maintain a
minimum of 3 months expenditure.in reserve, and allocate additional funds
available to furthering CHPI'S charilable work, or investing in future income
generation,
At 31" March 2024 the general reserve held £75,826. amounting to just under 7
months of operating expenditure. As such, Trustees are comfortable with running
.a managed budget deficit over the course of this and the coming year.
The report has been prepared in accordance with the special provisions of Part
15 of the Companies Act 2006 relating to small companies.
Approved by the board of Trustees on 16th December and signed on its behalf
by..
Jonathon Tomlinson
Chair of the Board of Trustees

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
Independent Examiner's report to the Trustees
I report on the accounts for the year 31 March 2024.
Respective responsibilities of Trustees and examiner
The Charily's Trustees (who are also the Directors for the purpose of company
law) are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this period (under Section 144 (2) of the
Charities Act 2011 (the 2011 Act)) and that an independent examination is
required. l am qualified to undertake the examination.
Having satisfied myself thal the charity is not subject to audit under company law
and is eligible for independent examination, it is my responsibility to..
examine the accounts under Section 145 of the 2011 Acl
to follow the procedures laid down in the General Directions given by the
Charity Commission (under section 145(5) of the 2011 Act). and
to state whether particular matters have come lo my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given
by the Charity Commission. An examination includes a review of the accounting
records kept by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disclosures
in the accounts, and seeking explanations from you as trustees concerning any
such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit, and consequently no opinion is given as to
whether the accounts present a 'true and fair view, and the report is limited to
Ihose matters set out in the stalements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention..
(1) which gives me reasonable cause to believe that. in any material respect, the
requirements
to keep accounting records in accordance with Section 386 and 387 of the
Companies Acl 2006., and
to prepare accounts which accord with accounting records, comply wilh the
accounting requirements of Sections 394 and 395 of the Companies Act
2006 and with the methods and principles of the Statement of Recommended
Practice: Accounling and Reporting by Charities
Have not been met., or
{2) to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Edward Tombs CIMA." Certificate of business accounting
1 Williams Terrace, Bethesda Gwynedd, LL57 3NH'
16th December 2024

CENTIIE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
.Company No. 8047440
Charity No. 1157077
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR TO 31ST MARCH 2024
(not subject to statutory audit)
Restricted Unrestricted
Funds
Funds
Total
2024
Total
2023
Note
Incoming
Resources
Voluntary Income
57,682
57,682 66,947
Income from
charitable activities
41,800
10,000
51,800 62,500
Gift Aid
6,796
6.796
9,792
Other income
Total Incoming
Resources
Resources
Expended
Fundraising
-8,000
-34,599 -42,599 -36,939
Charitable
activities
-41,800
-37,.124 -78,924 -87,306
Governance
-11,938 -11,938 -18,604
Total Resources
Expended
-83 661 -133 461 -142 849
Net Incoming
Resources
Transfers
Net movement In
funds
00
The statement of financial activities includes all gains and losses in the year. All
incoming resources and resources expended derive from continuing activities.

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
BALANCE SHEET
AS AT 31" MARCH 2024
(not.subject to statutory audit)
31 Mar
2024
31 Mar
2023
Notes
Current'Assets'
Cash at bank and in hand
Accrued Gift Aid Recoverable
Total Current Assets
75,638
2.805
78,443
93,814
6,185
99,999
Credltors
Amounts falling due within one year
2,617
6,990
Net Current Assets
75,826
93,009
The funds of the charlty
Restricted Funds
Designated Funds
General Funds
Total Charity Funds
8,000
10
75,826
75,826
85,009
93,009
For the year ending 3110312024 the company was entitled to exemption from
audil under section 477 of the Companies Act 2006 relating to small companies.
Trustees, responsibilities..
the members have not required the company to obtain an audit of its
accounts for the year in question in accordance with seclion 476,
the Trustees acknowledge their responsibilities for complying with the
requirements of the Act with respect to accounting records and the preparation
of accounts, these accounts have been prepared in accordance with the
provisions applicable to. companies subject to the small companies regime.
Approved by the board of Trustees on 16th. December and signed on its behalf
by:
Jonalhon Tomlinson
Chair of the Board of Trustees

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
c.ompany No. 8047440
Charity No. 1157077
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31ST MARCH 2024
(not subject to statutory audit)
1. Accounting Policies.
(a) Bais of Accounting
The financial statemenls have been prepared under the historical cost
convention in accordance with the Companies Act 2006 and the Statement
. of Recommended Practice: Accounting and Reporting by Charities issued
in April 2013,
(b) Fund Accounting
Unrestricted funds are available for the use at the discretion of Ihe Trustees
in the furtherance of the company's charitable objectives.
Designated funds are unrestricted funds earmarked by Trustees for a
particular purpose.
Restricted funds are subjected to restrictions on their expenditure imposed
by the donor.
(cl Incoming resource
All incoming resources are included. in the statement of financial activities
when CHPI is entitled to, and virtually certain to receive, the income and
the amount can be quantified with reasonable accuracy.
(d) Resources Expended
Expenditure is recognised on an accrual basis as a liability is incurred.
Expenditure.includes any VAT which cannot be recovered, and is reported
as part of the expenditure to which it relates..
Costs of generating funds comprise costs associated with attracting
voluntary and contract income.
Charitable. expenditure comprises those costs incurred in the delivery of
C.HPI's charitable objects. It includes both cosls that can be allocated
directly to such activities and costs of an indirect nature necessary to
support them.
Governance costs include costs associated with meeting the constitutional
and stalutory requirements of CHPI.
10

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
2.. Voluntary Income
Unrestricted.
2024
Restricted
2024
Total.
2024
Total
2023
Henry Tinsley
25,000
25,000
25,000
David Owen
20,000
Charles Clarke
4,458
4,458
Other Individual Donations <
£2.5k
28,224
28,224
21,947
57,682
57,682
fj6,947.
In the interests of transparency, CHPI has adopted a policy of individually.
identifying all donations over £2,500 during the course of the year.
3. Income from Charitable Activities
Unrestricted
2024
Restricted
2024
Total
2024
Total
2023
University of Warwick
20,000
.Joseph Rowntree Charitable
Trust
41,800
41,800
42,500
Amiel & Melburn Trusl
5,000
5.000
Scurrah Wainwright
Charitable Trust
5,000
5,000
10,000
41,800
51,800
104,000

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited'by guarant¢e)
Company No. 8047440
Charity No. 1157077
4. Resources Expended
Allocation by fund
Direct expenditure items are allocated by fund according to the purpose of the
. expense.
Staffing & overhead costs are re-allocated to the restricted funds according to
agreed project budgets.
Expendlture
Total
JRCT - After the
pandemic
Fundraising
consultancy
Unrestricted
funds
Direct expenses
14.085
320
6,000
7,765
Staffing
Overheads
114,648
41,480
2,000
71,168
4,727
4,727
Total expenditure
allocation
133,461
41,800
8,000
83,661
Allocation of expenditure to fundraising, charitsble activities and
governance
Direct expendilure items are allocated to expenditure categories for fundraising,
charitable activities and governance according to the nature of the expense.
Staffing & overhead costs are re-allocated to these categories on the basis of
estimated proportion of staff time spent on each activity.. 30 % fundraising, 60 %
charitable activities, and 10 % governance.
Expenditurp
Totsl
Fundraising
Charitable
Activities
Governance
Direct expenses
14,085
6,786
7,299
Staffing
114,648
34.395 (300/0)
68,789 (600/0)
11.465 (10Q/o)
Overheads
4,727
1,418 (300/0)
2,836 (600/0)
473 (100/0)
Totsl expenditure
allocation
133,461
42,599
78,924
11,938

CENTRE FOR HEALTH AND THE PUBLIC INTEREST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
5. Trustee Remuneration, Expenses & Related Party Transactions
No Trustees received any remuneralion for their services.
No expenses were reimbursed to Trustees for food or.travel costs during the
period (2023: £96).
No Trustee or other person relaled to the charity had any personal interest in any
contract or transaction entered into by the charity during the year.
6. Taxation
No tax charges have arisen in CHPI.
The vast majority of income is from grants, donations or contracls for public
interest research and is applied for charitable purposes.
7. Gift Aid Recoverable
An estimated £2,805 of accrued Gift Aid was claimable on donations in the year
at 31st March 2024.
8. Creditors: amounts falllng due wlthln one year
£2,617 was owed across a number of unpaid invoices, expense claims and
PAYE liabilities at 31 st March 2024. All amounts owed have now been paid.
9. Purpose of Restricted Funds
There were two restricted funds in the year..
Fundraising consultancy
Funds for fundraising consultancy to help develop the Centre's fundraising
strategy.
JRCT- After the pandemic
Funds received from Joseph. Rowntree Charitable Trust for a 24-monlh'research
project titled After the pandemic." The long tenn impact of COVID 19 on the
provision of healthcare free at the point of need are held in a Restricted
Fund. Expenditure is assigned to Ihe fund in accordance with the agreed projecl
budget - which includes allocations for staff time and organisational overheads.
10. Purpose of Designated Funds
£6,520 of donations in the year were made to support research into the
outsourcing of NHS eye care.
A further £4,458 of donations in the current year were made to specifically
support running an event in Manchester in March 2024.

CENTRE FOR HEALTH AND THE PUBLIC INTEIIEST (CHPI)
(A company limited by guarantee)
Company No. 8047440
Charity No. 1157077
A grant of £5,000 was received to support work on the COVID 19 Inquiry.
A further grant of £5,000 was received to support our events on the two-tier
health system.
These lunds were held as designated during the course of the year, but were all
allocated by 31 st March 2024, leaving no remaining designated funds at the end .
of the year.
11.Stsff Costs and Numbers
An Executive Director and Research Officer were employed on a full time basis
for the majority of the year. A Fundraising Co-ordinator was employed on a
part-time basis from August.2023 to March 2024.
12. Funds of the charity
Balance
at 31 March
2023
Total income
FY 2024
Total
expenditure
FY 2024
Balance at
31 March
2024
Restricted funds
Fundraising
consultancy
8,000
8,000
JRCT - After the
pandemic
41,800
41,800
Total restricted
funds
8,000
41,800
49,800
Deslgnated funds
20,978
20,978
Unrestrlcted.
funds
85,009
53,500
62,683.
75,826
Total.funds
93,010
116,278
133,461
75,826
14