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2022-11-30-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date Period end date
Day
1		 Month
12		 Year
2021		 Day
30		 Month
11		 Year
2022
Section A Reference and administration details
Charity name
The Soulsby Foundation

Other names charity is known by

none

Registered charity number (if any) 1174783

Charity's principal address

12 Aynsley Court Sandwich

Postcode CT13 9DU

Names of the charity trustees who manage the charity

1
2
3
4
6
7
8
9
10
11
12
13
14
15		 Trustee name Office (if any) Dates acted if not
for whole year		 Name of person (or body) entitled to
appoint trustee (ifany)
Dr Judy MacArthur
Clark		 Chair Whole period
Dr Babulal Sethia Wholeperiod Royal Societyof Medicine
Prof David Heymann Whole period Royal Society for Tropical Medicine &
Hygiene
Lord Trees of the Ross Until Dec 2021
Professor Kris Murray From Apr 2022
Dr Peter Jinman Wholeperiod Royal College of VeterinarySurgeons
Dr Jennifer Brazier Hon. Treasurer Wholeperiod
Ms Suzanne Jarvis Hon. Secretary Wholeperiod
Dr Gabrielle Laing Wholeperiod
Dr Simon Wheeler Until Dec 2021
Prof Andrew Peters Wholeperiod
Prof Donald Kelly Wholeperiod
Prof John Amuasi From Apr 2022
Dr Lian Thomas From Nov 2022
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

Type of adviser Name
Address		 Name
Address
Legal Adviser Martyn Robinson Hewitson’s, 42 Newmarket Rd, Cambridge, CB5 8EP
Website adviser Tim Green Dewar Green, St Michaels, Tenterden, Kent, TN30 6PR

Name of chief executive or names of senior staff members (Optional information) None

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) Open advertisement and/or recommendations by Board members and Trustee selection methods others. Final selection by the full Board. In addition, one trustee may be (eg. appointed by, elected by) nominated by each of the Royal College of Veterinary Surgeons (RCVS), the Royal Society of Medicine (RSM) and the Royal Society for Tropical Medicine & Hygiene (RSTMH) in accordance with the Constitution which requires approval of the Board.

Additional governance issues (Optional information)

Youmay chooseto include
additional information, where
relevant, about:		 Youmay chooseto include
additional information, where
relevant, about:		 The main activity of the Foundation is to appoint Soulsby Traveling
Fellows who will carry out approved projects in the general field of One
Health internationally. In addition, the Board appoints a current leader in
One Health globally to deliver the annual Soulsby Lecture, usually in
policies and procedures association with a major conference. Lecturers appointed generally
adopted for the induction and alternate between medical, veterinary, and other professional disciplines
training of trustees. related to One Health.
the charity’s organisational The Board has defined the policy and criteria for Fellowship, and a written
structure and any wider procedure is followed. This has been published on the Foundation’s
network with which the charity website as part of openness and transparency and will remain under
works. review as each appointment cycle takes place. Eligibility for consideration
relationship with any related
parties.		 for a Fellowship has been expanded geographically to include affiliation to
a relevant academic institution anywhere in the world. Fellows must hold a
qualification in a relevant discipline which may include veterinary and
trustees’ consideration of human medicine as well as ecology and environmental sciences, social
major risks and the system sciences, and economics.
and procedures to manage
them.		 Two trustees retired during the year. Three new trustees were appointed,
one of whom had been awarded a Soulsby Fellowship in 2019. The
Foundation is formally connected with the RCVS, the RSM and the
RSTMH with each organisation having a representative on the Board.
Nineteen Soulsby Fellows have so far been appointed and they have now
formed a Community of Fellowship to provide advice to the Board as well
as to each other. One Fellow, selected by the Community, attends Board
meetings as a non-trustee to participate in Board discussions and provide

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feedback to and from all the Fellows.

The daughter of Lord Soulsby continues to be a Patron of the charity and Lord Trees of the Ross, one of the founding trustees, became a Patron in December 2021 when he retired as a member of the Board.

A volunteer non-trustee serves as administrative support to the Board, especially in relation to arranging meetings and preparing reports as well as managing the processes for selecting Fellows. This individual receives a small honorarium.

A formal system to identify any Conflict of Interest in relation to any of the Foundation’s work, including awarding Fellowships, has been put in place and is described on the website.

The Board has established a Finance sub-committee chaired by the Hon. Treasurer with three other Trustees and terms of reference have been agreed. An anti-bribery policy has been developed and a system for internal reporting of suspicions has been agreed.

Section C Objectives and activities

The objects of the CIO are, for the public benefit, the advancement of science and public health, in particular by promoting research, education, Summary of the objects of the healthcare delivery and advocacy around the connections between charity set out in its animal and human health and the environment. governing document

Soulsby Fellowships:

The Board has completed the fifth cycle of advertising for applicants for Fellowships, selection and appointment of five Soulsby Fellows for 2022.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The fifth cycle of advertising was started on 1[st] November 2021 with applications being accepted until 31[st] January 2022. The new Fellows were announced in June 2022.

Soulsby Fellows are required to produce a report of their Fellowship project, and encouraged to make this a public report, either as a presentation or poster at a relevant conference, or as an openly published scientific paper or report. Soulsby Lectures:

o The sixth Soulsby Lecture was delivered in December 2021 at a major One Health meeting held at the Royal Society of Medicine in London. It was presented by Dr Richard Horton, Editor in Chief of the Lancet. He spoke about the Covid-19 pandemic in relation to One Health. A recording of his lecture has been placed on the Foundation’s website.

The Trustees have regard to the guidance issued by the Charity Commission on public benefit in selecting Soulsby Fellows and the topic and delivery of the annual Soulsby Lecture.

Additional details of objectives and activities (Optional information)

You may choose to include The Board has published the following on its website to ensure its policy further statements, where on grant making is transparent: relevant, about:

 The definition of One Health applied by the Trustees in considering applications for Fellowships;

 policy on grantmaking;

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 Criteria for Fellowships and the process for applying;

Both these documents have been updated during 2022 and the revised versions will be published on the website in 2023.

The Board has agreed that expenses of Board members will be reimbursed only exceptionally in order to maximise the impact of donations in the field of One Health.

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The Foundation has appointed five further Soulsby Fellows for 2022 (in addition to the two inaugural Fellows in 2018, three Fellows in 2019, five Fellows in 2020 and four Fellows in 2021). They are:

All five Fellows are actively pursuing their projects and providing regular reports to the Trustees and blogs for the website. In addition, the Fellows appointed in 2018 and 2019 have completed their projects and those appointed in 2020 and 2021 are all working actively towards completing their projects.

The Trustees are aware that the Covid-19 pandemic had the effect of restricting opportunities for travel for many Fellows. The Trustees have approved no-cost extensions to awards to allow for unavoidable delays.

The sixth cycle of advertising for Fellowship applications was postponed by one year to allow the Trustees to consider changes to the criteria for Fellowship including extending the geographical and professional criteria. This project will be completed in 2023 and it is anticipated the sixth cycle will be launched on 1[st] November 2023 with applications being accepted until 31[st] January 2024. The new 2024 Fellows will be announced in June 2024.

The Sixth Soulsby Lecture:

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Section E Financial review

The Foundation’s policy is to hold sufficient funds in its regular bank Brief statement of the accounts to cover one to two year’s predictable expenditure. This is charity’s policy on reserves building resilience in a young charity and is mostly in a savings account earning modest interest. The remainder of the Foundation’s funds are held in the investment account of the Royal Society of Medicine who invest the funds on our behalf in their general investment account overseen by Cazenove Investment Advisors. This is a relatively low risk account but is nevertheless vulnerable to market fluctuations as have been experienced during the 2021-22 financial year. A small Finance sub-Committee, chaired by the Treasurer, reviews the Foundation’s investment and reserves policy. The Committee reports to the Trustees. Details of any funds materially The Foundation does not have any funds materially in deficit. in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The Foundation’s initial funding in July 2016 was through a £100K legacy donated by Lord Soulsby. Since achieving charitable status in September 2017, the Trustees have sought additional donations, mainly from friends and colleagues of Lord Soulsby. This has added about £85K to the total. In addition, and based on the number of high-quality applications we have received and the robust selection process we have in place, we have been awarded a grant from the Alborada Trust of £125K over five years (2020-24).

The fund-raising strategy and policy of the Foundation is under regular review. Meanwhile, our ethical investment policy is aligned with that of the Royal Society of Medicine which does not permit the holding of investments in any company with tobacco interests. It also does not permit the direct holding of investments whose primary business (more than 10% of group turnover) is in Fossil Fuels, Gambling, Arms or Pornography. In addition, the total value of the funds invested indirectly should not be more than 5% in those areas.

Section F Other optional information

None.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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Signature(s) Full name(s) Judy MacArthur Clark Position (eg Secretary, Chair, etc)[Chair] Date

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Charity Name No (if any) The Soulsby Foundation Receipts and payments accounts CC16a For the period Period start date Period end date To from 12/1/2021 11/30/2022

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts
Contributions to Capitol(small donations)
922
-
28,000
Transfer from investment account
-
Interest earned
78
Gift Aid received
1,963
Return of unspent fellowship grants
1,763
Authors license fee
119
32,845
-
-
Sub total -
Total receipts 32,845
A3 Payments
Fellowship grants awarded
35,111
Expenses- website license
288
Expenses-design costs
-
expenses-foreign exchange
103
Expesnes-trustees
-
expenses Administration costs
1,200
expenses -Justgivingcosts
-
expenses-Bank fees
56
-
Sub total 36,758
-
-
Sub total -
Total payments 36,758
Net of receipts/(payments) - 3,913
A5 Transfers between funds
-
A6 Cash funds last year end
65,369
Cash funds this year end 61,456
Unrestricted
funds
to the nearest £
Contributions to Capitol (single large
dontation)
Contributions to Capitol (recurring
dontations)
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)		 to the nearest £
Restricted
funds		 to the nearest £
Endowment
funds		 Total funds
to the nearest £		 Last year
to the nearest £
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-		 922
-
28,000
-
78
1,963
1,763
119
32,845		 155
-
28,500
5,632
7
-
-
60
34,354
-
-
-		 -
-
-		 -
-
-
-
-
- - 32,845 34,354
-
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-
-		 35,111
288
-
103
-
1,200
-
56
-
36,758		 24,624
288
-
48
-
1,200
-
-
-
26,160
-
-
-		 -
-
-		 -
-
-
-
- - 36,758 26,160
-
-
-
-		 -
-
-
-		 - 3,913
-
65,369
61,456		 8,194
-
57,175
65,369

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees		 Details
HSBC checking account balace
HSBC savings account balance
Details
Details
Invested Reserve Funds
Details
Details
Grant Payments outstanding 2020
Grant Payments outstanding 2021
Grant Payments outstanding 2022
Signature
Jennifer Brazier
Total cash funds
(agree balances with receipts and payments
account(s))		 to nearest £
to nearest £
7,384
-
54,072
-
-
-
61,456
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
RSM FUND
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
Grant Awards
15,289
Grant Awards
15,256
Grant Awards
25,236
-
-
Print Name
Jennifer Brazier
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)		 to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
65,695
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Jennifer Brazier Jennifer Brazier 6/28/2023

Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteosl members of The Soulsby Foundation On accounts for the year endod 3011112022 Charity no {If any) 1174783 Set oul on pages IrThpt*.I .0 [￿￿(￿. Y.: I report to the Iruslees on my examination of the accounts of the above Charity Iyhe Trust") for the year ended 3011112022. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'}. I report in respect of my examinallon of the Trust's accounts canied out under seclion 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under s8Ction 14515}Ib) of the Act. Independent tThe charity's gross income exceeded £250,000 and l am qualified to examinerfs statement undertake the examination by being a qualified member of [insert name of applicable listed bodyll. Delete I l rfnot 8ppIiGable. I have completed my examination. I confim that no material matters have come to my allention in connection with the examination {other than that disclosed below '} which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance wth section 130 of the Charities Acl., or the accounts did not accord wlh the accounting records; or the accounts did nol comply with the applicable requirements conceming the fomi and contenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounls give a 'true and fairf view which is nol a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. . Please delete the words in the brackets rflhey do not apply. Signed: Date.. Name: Relevant profgssional qualification{sl or body {if anyl: ACA IER

Address: CL" kiiooiI4 Section B Disclosure Only complete if the examiner needs to highligm material matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Glve here brief details of any items that the examiner wishes to dlsclose. K)c￿￿- IER

CHARIIY COMMISSIO FOR ENGLAND AND WALE Th• Sotdsby FO￿d￿tIOn Receipts and ments accounts CC16a Fpr thg peripd from 1WIIX)21 11ts01202 Section A Receipts and payments UnrnstriGtsd furkds Re5triGted funds Endowment fvnrtS Totel lunds L￿1 yoar io the￿?are$l tolhe nea￿51£ iothE hEwE¥t ItrAnoaies¢ Al ReG$l ts uthL¥EtoCaprtollslnglg dunlalwn) loc¥Hoiitec￿Fthn9 Dntollwsl Tran￿erf￿rn invamertac¢ounl tWeSt•a￿ed IfiA￿ QWved 26,500 S￿32 7B 1,gb3 1.7 knthon41iGenSe leè Sub toal( IVSSAncoAne lor AR) A2 Asset and investment sale Iseo tablol. Sub total 32,045 J PaymEnts Fel0￿Sh* kvanls3Wdidod Ewses.wewi4 I￿￿nS to￿# 2BB 28B 103 1fy3 em ensesAJmkn1511aloncosts nslg ￿U$l gnsos-8ank199 ox 56 5S Sub tofal 36,75& 36,YJ ZQ1fj0 MAs5gt and'lnvostmollt purchases, (see fablel Sub lotal 36.758 36,75B Not ofrece1p￿fPayrnOnts) . A5Tran8ler8 bolwoeN Furjds Afi Cash fund8 last ytarand C8•h funds thls year end 65.369 01.4 $7.47S 6S CC¥XR1 arLountslSSI 914f2Q23

Section B Statement of assets and liabilitie5 at the end of the period UnrpblrKtpd funds Rfj5trictd fund6 fuJKI$ lo B1 Cash funds H88CBhethng￿G0unl￿eL￿e 7J94 aa.fj7Z TOts1¢a￿ funds 6t,4S6 .Unrèslrtcl•d R8Strlcl8d funds Endowment funds D¢tail$ to noar¢st£ rAarÈst£ tonèarn$tÉ FLnd lobYNG OeÉ411¥ In¥esleOAes&TreFL￿tt5 .B3 Investm￿lt 05s¢ts Rsffi FiMD 65ffi9S Fund towhlGh 4$s¢tbDIDn BOSt{opllonaD Cur[Etrtv￿uR hn 84 Assets retained fort charmty's own usk Fund t•whlch rElutES GWlAW￿ A￿0￿￿1 dup Dotall$ Gi8nipaymgDtFouiEtandrig ?Q20 1K?￿al BS U2bllltlÉs 1S289 Gr2niFaym9rf50ulstandhg 2021 1255 018Tr1PyYmErfs.oul?tgnd￿g 202 .$￿nEd by onborwnlfuae88 on bEhall¢f Ihe trustee$ Date or Prfnt Namè CCXX l&%) gR4f2D23