**Trustees' Annual Report for the period** ||Period start date|Period start date|||Period end date|Period end date|| |---|---|---|---|---|---|---|---| ||Day|Month|Year||Day|Month|Year| |**From**|1|12|2022|**To**|30|11|2023| ## Section A Reference and administration details **Charity name** The Soulsby Foundation for One Health **Other names charity is known by** previously The Soulsby Foundation **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
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12|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for wholeyear**|**Name of person (or body) entitled to**
**appoint trustee(if any)**| |---|---|---|---|---| ||Dr Judy MacArthur
Clark|Chair|Whole period|| ||Dr Babulal Sethia||Wholeperiod|Royal Societyof Medicine| ||Professor David
Heymann||Whole period|Royal Society for Tropical Medicine &
Hygiene| ||Professor Kris Murray||Wholeperiod|| ||Dr Peter Jinman||Until May2023|Royal College of VeterinarySurgeons| ||Dr Jennifer Brazier|Hon. Treasurer|Wholeperiod|| ||Ms Suzanne Jarvis|Hon. Secretary|Wholeperiod|| ||Dr Gabrielle Laing||Wholeperiod|| ||Prof Andrew Peters||Until June 2023|| ||Prof John Amuasi||Wholeperiod|| ||Dr Lian Thomas||Wholeperiod|| ||Professor James Wood||From Nov 2023|Royal College of VeterinarySurgeons| ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** March **2012** **TAR** 1 ## **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**||| |**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** Type of governing document Constitution - (eg. trust deed, constitution) How the charity is constituted CIO - (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)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees. - the charity’s organisational structure and any wider network with which the charity works. - relationship with any related parties. - trustees’ consideration of major risks and the system and procedures to manage them. 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 association with a major conference. Lecturers appointed generally alternate between medical, veterinary, environmental and other professional disciplines related to One Health. The Board has defined the policy and criteria for Fellowship, and a written procedure is followed. This has been published on the Foundation’s website as part of openness and transparency and will remain under review as each appointment cycle takes place. Eligibility for consideration 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 human medicine as well as ecology and environmental sciences, social sciences, and economics. Two trustees retired during the year. One new trustee was nominated by RCVS and unanimously accepted by the Trustees. The Foundation is formally connected with the RCVS, the RSM and the RSTMH with each organisation having a representative on the Board. The Board agreed to change the name of the Foundation to The Soulsby Foundation for One Health to make more explicit the main focus of the charity. 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 feedback to and from all the Fellows. March **2012** **TAR** 2 The Trustees spent significant effort during the year of this report reviewing the criteria for Fellowship applications and published revised guidelines in summer 2023 ahead of opening for applications for 2024 Fellowships on 1[st] November 2023. The changes have generally broadened the range of professional disciplines and geographical locations eligible for consideration. The selection process has also been revised to minimise any potential bias, whether conscious or unconscious. The daughter of Lord Soulsby continues to be a Patron of the charity and Lord Trees of the Ross, one of the founding trustees, has been our second Patron since December 2021. 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 focussed on revising the criteria for applications for Fellowships and the process for selection during the year of this report. It was decided to postpone advertising for Fellowships until completion of that work. No 2023 Fellowships were therefore awarded. **Summary of the main** Soulsby Fellows are required to produce a report of their Fellowship **activities undertaken for the** project, and encouraged to make this a public report, either as a **public benefit in relation to** presentation or poster at a relevant conference, or as an openly **these objects (include within** published scientific paper or report. **this section the statutory declaration that trustees have Soulsby Lectures: had regard to the guidance** `o` The seventh Soulsby Lecture was delivered in July 2023 as part **issued by the Charity** of the INTERACT One Health Conference organised by **Commission on public** Oklahoma State University. It was presented by Dr David Danson, **benefit)** President of the Section of Comparative Medicine at the RSM. The lecture was presented virtually, and 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. March **2012** **TAR** 3 **Additional details of objectives and activities (Optional information)** The Board has published the following on its website to ensure its policy on grant making is transparent: - The definition of One Health applied by the Trustees in considering applications for Fellowships; You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. - Criteria for Fellowships and the process for applying; Both these documents have been updated during 2022-23 and the revised versions were published on the website in Summer 2023. - The process followed by the Trustees in selecting Fellows from applications received - this was reviewed and amended during the period of this report to minimise the potential for bias; - The Foundation’s Conflict of Interest Policy; and - A full list of the Trustees with brief bios - all serve in a voluntary capacity. 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 The sixth cycle of advertising for 2023 Fellowship applications was **Summary of the main** postponed by one year to allow the Trustees to consider changes to the **achievements of the charity** criteria for Fellowship including extending the geographical and **during the year** professional criteria. This project was completed in 2023 and the sixth cycle was 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. All five 2022 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, 2019 and 2020 have completed their projects and those appointed in 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 Seventh Soulsby Lecture:** - The seventh Soulsby Lecture was delivered in July 2023. ## **Section E Financial review** March **2012** **TAR** 4 ## **Brief statement of the charity’s policy on reserves** The Foundation’s policy is to hold sufficient funds in its regular bank accounts to cover one to two year’s predictable expenditure. This is building resilience in a young charity and is mostly in a savings account earning modest interest. The remainder of the Foundation’s funds have been 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. Disappointingly, the RSM fund has performed very poorly, and the accrued capital had not increased. During 2023, the Trustees therefore decided to withdraw the investment fund from the RSM and take more direct responsibility for this investment. 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 charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. 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 Trustees awarded a total of £50K in 2018 (two Fellowships) and 2019 (three Fellowships). Since 2020, we have been able to match the Alborada Trust grant and hence award about £50K per year (four or five Fellowships). We anticipate this will enable us to have a cadre of some 30 Fellows appointed by 2025 who are active in the field of One Health. We hope this demonstrated success will enable us to apply for further substantial grants at that stage though we recognise the current environment for fund-raising is very challenging. The fund-raising strategy and policy of the Foundation is under regular review. Meanwhile, our ethical investment policy has been 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.** March **2012** **TAR** 5 **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Judy MacArthur Clark **Position (eg Secretary, Chair, etc)**[Chair ] **Date** 11th January 2024 March **2012** **TAR** 6 **Charity Name No (if any) The Soulsby Foundation Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 12/1/2022 11/30/2023 ## **Section A Receipts and payments** |**Section A Receipts and payments**||||| |---|---|---|---|---| |**A1 Receipts**
Contributions to Capitol(small donations)
**634**
**-**
**28,000**
Transfer from investment account
**64,375**
Interest earned
**866**
Gift Aid received
**-**
Return of unspent fellowship grants
**2,180**
Authors license fee
**141**
**96,196**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 96,196**
**A3 Payments**
Fellowship grants awarded
**31,197**
Expenses- website license
**288**
Expenses-design costs
**-**
expenses-foreign exchange
**28**
Expesnes-trustees
**-**
expenses Administration costs
**1,200**
expenses -Justgivingcosts
**-**
expenses-Bank fees
**61**
**-**
**_Sub total_ 32,774**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 32,774**
**_Net of receipts/(payments)_ 63,422**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**61,456**
**_Cash funds this year end_ 124,878**
**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 £**| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**634**
**-**
**28,000**
**64,375**
**866**
**-**
**2,180**
**141**
**96,196**|**922**| |||||**-**| |||||**28,000**| |||||**-**| |||||**78**| |||||**1,963**| |||||**1,763**| |||||**119**| |||||**32,845**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||**-**| |||||**-**| |||||| ||**-**|**-**|**96,196**|**32,845**| |||||| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**31,197**
**288**
**-**
**28**
**-**
**1,200**
**-**
**61**
**-**
**32,774**|**35,111**| |||||**288**| |||||**-**| |||||**103**| |||||**-**| |||||**1,200**| |||||**-**| |||||**56**| |||||**-**| |||||**36,758**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||| |||||**-**| |||||| ||**-**|**-**|**32,774**|**36,758**| |||||| ||**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**63,422**
**-**
**61,456**
**124,878**|**- 3,913**| |||||**-**| |||||**65,369**| |||||**61,456**| ## **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 £**
**5,109**
**-**
**119,769**
**-**
**-**
**-**
**124,878**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**RSM FUND**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Grant Awards
**3,152**
Grant Awards
**13,118**
Grant Awards
**7,787**
**-**
**-**
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)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||Jennifer Brazier|Jennifer Brazier|6/3/2024| ||||| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the twstsesl members of The Soulsby Foundation for One Health On accounts for the year ended 30/11123 Charity no Ilf any) 1174783 Set out on pages I report to th8 Irusl88s on my examinalton of th8 accounts of th8 above charity {"Ihe Trust"} for the year ended Responsibilities and As the charlty trustees of the Tru$t, you ar6 resronslble for the preparatKfyn basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Act"}- I report In re8pecl of my examlnation of the Trusvs accounts carrled out nder section 145 of the 2011 Act and in carrying out my examinatM)n. I have fdlowed the applicable Directions given by the Charity Commission under section 14515)(bl of the Act. I hav6 ¢ompleled my èxamlnalion. I conflmi that no matèrlal matters have come lo my attention (other than that disclosed below ') in connection with the examination which gives me cause lo b&lieve Ihal in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounling records Independent examiner's statement I have no concems and have corne across no other ttkgtters in connection with the examination lo which att8nlDn should b8 drawn in order to enabl8 a proper understanding of Ihe aecounls lo be reached. . Please delete the words in Ihe br8ckets if they do not apply. Signed: Date: 961812U Name: Relevant professional quallflcatlonlsl or body lrfany): Address: &-sHe IER October 2018 Section 8 Oisclosure Only complete rf tha 8x8miner needs lo highlight matt8rs of concem (see CC32, Indepandent examination of charity accounts.. directions and guidanGe for examiners). Give here brief details of any items that the examiner wishe5 to disclose. IER October 2018