ChJrlty reglstratlon number 1170853
Global Action For Fungal Infections UK
Annual Report and unaudited Financial Statements
For the year ended 31 December 2024

Global Action For Fungal Infections UK
Legal and administrative information
Truste0•
O Aashelrn
D Allmond
rNMknie
Y Mori
S Ngozwana
Pfof. D S Perlin
Prof. J L Rodriguez-Tudela
Charity numbvr
I I1Of15.1
Independent examlner
DJH Buslness Advisers Limited
flndge. Hovse
Ashley Road
Hale
Altrincham
WA14 2UT

Global Action For Fungal Infectlons UK
Contents
Page
Trusiees, report
Statement of trustees, responsibilities
Independent examiner's report
Receipts and payrnents
Statement of fi'nancial posltion

Global Action For Fungal Infections UK
Trustees. report
For the year ended 31 December 2024
The trustees proscnt their artnudl report ar￿ financial statements for the year ended 31 Decembe" 2024.
Tlie finaiicidl statements have been ptpa.cd In accordance Yiilh the charity's governing document, the
Charities Act 2011) and "Arr.ounting and Reporting by Char'.ties.' Stalenienl of Kecornmended Practice
applicable to charitles prcparing their accounLs In accordance with the Financial Reporting St<indard
applicable In ttrie UK and Republic of Ireland (FRS 102). (effective l Jdnuary ?019).
Structure. govornanr• management
The governing documeit is thc Global Action Fund for Fungal Infertlons UK constitution adopted on the
10th Nuvvrpbp.r ?016 and ￿ViSed on 16th Novcmber 2021, whir.h bpcJme recognlscd by thc Chariiy
Commission when the Chliritable Incurpordied Orgonisation was registercd on the 20tlI DeLember ?016.
The trustees who servcd during the year and up lo the date of Signatu￿ of thc financial sldtement5 were..
O Aasheim
IJ Allmond
DrNMAzic
Ymori
S Ngo£wan¢l
Prof. D S Pcrlin
Prof. J L RoOrO9uez-Tudela
The trvstees are not paid for thcir services and are reimbursed for any expenses they daim which ale
Incurred d5 <1 di rect result ot carrying out their trustec obligations.
Method of r•cruitm•nt and •ppolntment of trustees
In sclccting Individuals (vr dppDintme.nt a charity trustee, ttte charlty trustccs must hiive rvgartj tn the
5kill5. knowledge and experiepce neeaed for thc effcctivc admiiiislrdliun of thp charity Regular reviews of
thc Board structuro take place partlLuldrly If ihv.re are any material changes in thc opcration of Lhe chdrilv.
Thc 6oard deleoarcs the selection of Truslees Lo Ihe Hli Sub committee.
Objectives and activiti•b
The charity's vision is a world without deaths from fungal infeclion:
to enhance outcomes by prioritising timely diagn0515 and ensunng access to trcatmcnt for
fLJn9al disease in vulnerable populations residing in low to micdle ii)Lome Lountnes { l M Ics):
presents a proven framework which enables healthcarp. professionals In LMICS to save lives an
rp.riiire suffering trom tu ngal disease..
actively cultivates and enables regional •nd local hubs and networks, enabllng ihem to
enha?ce access to cost-effective and efficient diagnostics trcatiiienls.
manages an Al enabled resource5 eco8V$tern. ronnecting front line assoclations for for
a+tecteO people, practitioners, researchers, rclcvant data, univcrsities, pharrnd dnd diiagn05tic
companio5, funders, qovernnieriis (Iri(J others.
Thc trustccs bavc paid due regard to guidance issued by Ihe Lhanty Cornmission In decidlng what
ctivitie.s tne chority should undertake.
lic b nefi
The Lhavity does nol distinyuish belw¥en Ihe people Il serves and r.harges no costs tor Its seNices.

Global Action For Fungal Infections UK
Tru5tees' report (continued)
For the year ended 31 December 2024
Achievements and performance
.SignifiLanl 8Ltivitie5 and achievements agalnst objettives
The charity was constituted on 20 December 2016 and works closely with GAFFI, a Swiss based
Foundation.
The charity aims to Irtcrease awarcness of the Impdcl uf fungal disease nationally and intcrnationally,
Qrimaiily amopg poliry maker5 ancl health professionals, together with Improving occe55 to diagnostlC5 for
f u iga I disease a nd antifungal Iherapeuliis, and educating healihcare professionals about fungal d sease.
During the year under review the chdrily continued to advocate funqal diseasD in African countries (Ind
successtylly comrnenced, In collaboration with Ihe 1v.od applicant Ixeter University, a programme iu
dcvclop Al Fungal Disv.ase olgunthrns. MO￿ detalled information may be found nn the web site
Financial ravi•w
The charity has kepl sufficient funds for the next flnanclal year. to meet ihe needs ot the charlty and its
stJtutory obligations.
Reserve5 p.oli
It 15 the policy of the charity that unres&ricted fund5 which have not been dcsignated for i* specific use
should be mairitdined at a level equivalent to betvioen three and six mont*.5 expendlturc. Thc trustees
cons.,der tiat rcscrycs at this level will v.nsure fhat. In the event of a significarit ijrop Ir. funding. chey will
be dble lu continue the charity's current activitles while cvnsidvration is given to ways in which addilional
funds may bc raiscd. As" dl 31 1)vcEmber 2024, the charity's Icvel of unrv51ncted reseryes was £34,250.
wh Ir.h Vvdts In line with the charity's rescrvc policv.
Plans for futur• periods
Thc charity will coniinup. to viork closely with the S¥Yiss Foundation, GAIFL. concentrating on improving
awJrene55 and general advocacy aboui fungal d15ea5e5. The Trustccs are sat15fied that GAFFI UK is
currently financially 5elf-5UStai nable.
Ttie Iruslee.s' report was approved by thc Board of Trustee5.
U Aasheim
Chairman
Date-.

Global Action For Fungal Infections UK
statement of trustees. responsibilities
For the year ended 31 December 2024
The trustces are responsible for preparin9 the Truslees. Repori dnd Ihe financial statement5 in accordance
wlth applicable law and United Kingdom Accounting Standerds (United Kingdom Generally Accepted
Accounting Practice).
The law applicable to charitie5 In England and Wales require5 the trustees to prepare financial statements
for cach financial year which give a truc and fa'r view of thc state of affairs of the charity and of the
Incorning resDurce5 and application of resource5 Ot the charity tor that year.
In preparing these tinanclal staternents, the trustees a￿ required to-.
.lect suiLabie accountin9 policies and then apply them consislenLIy:
ubserve rhe methods and principles in the Charities SORP.
Inako judgcmcnt5 and cstimatcs that arc rcasonable and prudcnt.
state whether applicable accountlng standards have been followed. subjert to any material departures
d151.Iv>ed drid vxpldii)ed In lh¥ financidl stiltemonts,. dnd
prp.pdre ihe finaiicial staiements on the going COn￿M basis unless it is inappropriate to presume that
thc charity wlll contlnue in operation.
Thc trustees are "e5ponsible for keeping sufficient account',ng records that disclose with reasonable
aCCLirar.y al any lime the rtnancial pusilian of the Lharity antj enable ihem lo ensure ihat ihe fiiiaiiitdl
starcments comply with rhe Charities 14cr 2011. rhe Charity (Accounts and Reports) Regulatlons 200B and
the provi4iuris of ihe Irusi deed. They are also resF)onsible for safeouarding ihe asseL5 of ihe charity ano
hcnce lor taklng ￿3$Onable sreps for the prevention and detertion ot traud and ottter Irregularlties

Global Action For Fungal Infections UK
Independent examiner's report
To the Trustee5 of Global Actlon For Fungal Infection5 UK
report 10 the iru5lg.e5 on my examination of the financial statemen15 of Glot)al Action for fungal
Infeccions UK (the charity) for the year ended 31 1)ecember 2024.
Responsibilities and b•¥is of report
A= rhe trustees of thc charity you are responsible fow Ihp prepar8tion of the finanoal statements in
aL¢urdance ¥Yilh the requirv.ment5 of the Charities Act 2011 (the 2011 Act).
J report respect of rny examination ot the charity's financial statements ca.ried out undef Section 145 nf
the 2011 Act. In carry'ng out my examination I nave follvY4ed illl the op?Iicable Directions glven try th¢
Charity Commlssion Jn¢er sertion 145(5){b} of thc 2011 Act.
Independent examiner's statement
I have cornpleled my examination. l conflrm that no matters havc comc to my attenlion In connection
with thc cxamination giving me cause to believe Ilidt In any material respert:
accounting records were not kept in respcrt of the charity as required by section 130 of the 2011 Act,"
oi
the financial statement5 do not accord with those records; or
Ihe fin<incidl 5tatement5 do not comply with the Jpplicable reqUi￿rnents conccming thc fom and
content of accounts set out in the Charities (Accounts and Reports) Keyuldlion5 ?DDES other than ony
re4uiremeiil Ihdi ihe accounts give a true and fair v￿W which Is not a matter considered as part of an
independent examination.
I have no concerns and have corne across no other matters in connection y41th tho cxamination to w4hiLh
aiiei'tion s￿oU.d be diawn In this report in order io enable d piopvr understanding of the financial
statemerits to be reached.
DJH Business Advi$•r• Limited
Bridge House
Asttley Rod(J
Hale
Altrinchdm
WAI4 2UT
Datcd:

Global Action For Fungal Infections UK
Receipts and payments
For the year ended 31 December 2024
ZOZ4
2023
Receipts
Grants and donations
Other Incume
57.838
22.569
15
1.4rerest
317
85
Tgtal recBipts
22,&6Y
Payments
Sal?,-ies & associated costs
Coli crence and iravelling costs
C0ry5ultancy costs
Insurance
Accountancy fees
Computer & suftware
Bank charges
Sundry cxpenses
31.157
6?8
3,041
I,Q21
1,163
1,224
?16
60
1,229
A4
2.841
Total payments
42. 1011
10,791
Net (expendlture) income for the year
16.Q41
11,878
Cash funds orotsghr forward
Casti f unds carried forviar
40.203
56,250
211,352
40,?03
All fund5 are unsccurcd.

Global Action For Fungal Infections UK
statement of a55ets and liabllities
As at 31 December 2024
2024
2023
Not••
Current assets
Ci15h dt blink In hand
56,250
40.?03
Tot•1 •¥gets
>6,250
40.?03
Reserves
Unrcstricted rc5orve5
Designated reserves
34,?50
22.000
4V,203
Total reserves
40,203
Ihefin
cial statements were approved by the trustees on
0 4asheim
Chairman