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 | 2024 | To | 30 | 11 | 2025 |
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 ~~ee~~ |
Registered charity number (if any) 1174783 Charity's principal address 12 Aynsley Court Sandwich Postcode CT13 9DU ~~ee~~ |
Registered charity number (if any) 1174783 Charity's principal address 12 Aynsley Court Sandwich Postcode CT13 9DU ~~ee~~ |
Registered charity number (if any) 1174783 Charity's principal address 12 Aynsley Court Sandwich Postcode CT13 9DU ~~ee~~ |
|
|---|---|---|---|---|
| Names of the charity trustees who manage the charity | ||||
| Trustee name | Office (if any) | Dates acted if not for wholeyear |
Name of person (or body) entitled to appoint trustee(if any) |
|
| 1 | 1Dr Judy MacArthur Clark |
Chair | Whole period | |
| 2 Mr Babulal Sethia | 2 Mr Babulal Sethia | Hon Treasurer Wholeperiod |
Royal Societyof Medicine | |
| 3 | 3Professor David Heymann |
Whole period | Royal Society for Tropical Medicine & Hygiene |
|
| 4 Professor Kris Murra | 4 Professor Kris Murray | Wholeperiod | ||
| 5 Dr Gabrielle Lain | 5 Dr Gabrielle Laing | Wholeperiod | ||
| 6 Prof John Amuasi | 6 Prof John Amuasi | Wholeperiod | ||
| 7 Dr Lian Thomas | 7 Dr Lian Thomas | Wholeperiod | ||
| 8 Professor James Wood | 8 Professor James Wood | Wholeperiod | Royal College of VeterinarySurgeons | |
| 9 Professor Stuart Reid | 9 Professor Stuart Reid | Wholeperiod | ||
| 10 Professor Vivek Ka | 10 Professor Vivek Kapur | Wholeperiod | ||
| 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)
| 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 | Millie Green | Millie Green Creative, Brighton, Sussex |
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. Each nomination requires approval of the Board.
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees.
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the charity’s organisational structure and any wider network with which the charity works.
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relationship with any related parties.
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trustees’ consideration of major risks and the system and procedures to manage them.
The Soulsby Foundation for One Health (SFOH) awards prestigious fellowships to early-career researchers with exceptional potential to become future leaders in One Health. Each fellowship (£5,000-£15,000) supports an impactful international project addressing challenges at the human-animal-environment interface. Fellows receive mentorship from Board members and join a Community of Soulsby Fellows providing peer support throughout their careers.
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, but is not limited to, veterinary and human medicine as well as ecology and environmental sciences, social sciences, and economics.
A total of 29 Fellows have now been supported since 2018. Alumni are progressing to significant leadership positions: advising governments in East Africa on emerging infectious diseases, leading WHO initiatives, and shaping One Health policy in multiple countries – see Annex C. Total fellowship funding since programme inception now exceeds £275K.
The Foundation is formally connected with the RCVS, the RSM and the RSTMH with each organisation having a nominee on the Board.
The fellowship programme continues to achieve its objectives. However, evidence gathered over seven years - particularly from our September 2025 alumni survey where 89% identified leadership development for implementation as their greatest need - has prompted a strategic review.
SFOH has paused recruitment of new Fellows in 2026 while we evaluate how best to address the critical gap our Fellows have identified: they
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possess technical knowledge but lack skills for cross-sector coordination. We will continue to support all 29 existing Fellows through mentorship and the Community of Soulsby Fellows as their careers develop.
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 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 Finance sub-committee is chaired by the Hon. Treasurer with two 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
Summary of the objects of the charity set out in its governing document
The objects of the CIO are, for the public benefit, the advancement of science and public health, in particular by promoting research, education, healthcare delivery and advocacy around the connections between animal and human health and the environment.
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)
Soulsby Fellowships:
Soulsby Fellows are required to produce a report of their Fellowship project, and encouraged to make this a public report, either as an oral presentation or a poster at a relevant conference, or as an openly published scientific paper or report.
The Trustees have regard to the guidance issued by the Charity Commission on public benefit in selecting Soulsby Fellows.
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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:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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Criteria for Fellowships and the process for applying.
Both these documents have been updated during 2023-24 and the revised versions were published on the website in Summer 2024.
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The process followed by the Trustees in selecting Fellows from applications received - this was reviewed and amended during 2023 to minimise the potential for bias.
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The Foundation’s Conflict of Interest Policy; and
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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 our impact in the field of One Health through the donations and grants we receive.
Section D Achievements and performance
Summary of the main achievements of the charity during the year
• Soulsby Fellowships:
In 2025, SFOH awarded three fellowships from a record 85 applications (up from 78 in 2024), demonstrating continued growth in programme reach and reputation. All three 2025 Fellows have commenced their projects and joined the Community of Soulsby Fellows. Applications came from 28 countries, including strong representation from subSaharan Africa and South America.
All previous Fellows have either completed their projects or are actively pursuing their projects and providing regular reports to the Trustees.
- Strategic Review:
The 2025-26 strategic review is exploring a potential pivot toward executive leadership training for exceptional mid-career individuals who need to acquire skills in cross-sectoral effective working in One Health. This would represent an evolution from developing individual researchers to building system-wide leadership capacity.
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Section E Financial review ~~ee~~
The Foundation’s policy is to hold all its funds in its regular bank Brief statement of the accounts with HSBC. At any time, the current and savings accounts will charity’s policy on reserves hold sufficient funds to cover anticipated expenses over a 3-to-6-month period. The remainder of our capital funds are deposited into Money Market Accounts to benefit from good interest rates. Generally, MMA accounts guaranteeing a rate for four months have been the most attractive.
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:
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additional information, where The Foundation’s initial funding in July 2016 was through a £100K legacy relevant about: donated by Lord Soulsby. Since achieving charitable status in September • the charity’s principal 2017, the Trustees have sought additional donations, mainly from friends and colleagues of Lord Soulsby. This has added about £85K to the total.
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sources of funds (including any fundraising); In 2019, we were awarded a grant from the Alborada Trust of £125K over
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• how expenditure has five years (2020-24). During 2024, based on the number of high-quality applications we have received and the robust selection process we have
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supported the key objectives in place, the Alborada grant was renewed to provide £25K per year
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of the charity; (£125K total) over the next five years (2025-29).
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
~~Pt~~ None. Section G Declaration ~~a~~ The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Judy MacArthur Clark Position (eg Secretary, Chair, ~~ee~~ etc)[Chair ] Date 04/05/2026 ~~PO~~
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| THE SOULSBY FOUNDATION | THE SOULSBY FOUNDATION | THE SOULSBY FOUNDATION | No (if any) | No (if any) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts Period start date Period end date To For the period from 12.01.2024 11.30.2025 ~~ee ee~~ |
CC16a | |||||||||
| Section A Receipts and payments | ||||||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | ||||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | ||||||||||
| CONTRIBUTIONS TO CAPITAL(SMALL DONATIONS) |
- | - | - | - | 200 | |||||
| CONTRIBUTIONS TO CAPITAL(RECURRING DONATIONS) |
28,000 | - | - | 28,000 | 28,000 | |||||
| TRANSFER FROM INVESTMENT | ||||||||||
| ACCOUNT | - | - | - | |||||||
| INTEREST EARNED | 4,925 | - | - | 4,925 | 3,084 | |||||
| RETURN OF UNSPENT FELLOWSHIP | ||||||||||
| GRANTS | - | - | - | - | ||||||
| AUTHORS LICENCE FEE(ACLS) | 151 | - | - | 151 | 152 | |||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| Sub total(Gross income for AR) |
(Gross income for AR)33,076 |
- | - | 33,076 | 31,436 | |||||
| A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - Total receipts 33,076 - - 33,076 31,436 ~~——————~~ |
||||||||||
| A3 Payments | ||||||||||
| FELLOWSHIP GRANTS AWARDED | 34,493 | - | - | 34,493 | 23,685 | |||||
| EXPENSES-WEBSITE LICENCE | 276 | - | - | 276 | 261 | |||||
| EXPENSES-DESIGN COST | 65 | - | - | 65 | 81 | |||||
| EXPENSES-FOREIGN EXCHANGE | 124 | - | - | 124 | 98 | |||||
| EXPENSES-TRUSTEES | - | - | - | - | - | |||||
| EXPENSES-ADMINISTRATION COSTS | ||||||||||
| 1,000 | - | - | 1,000 | 1,200 | ||||||
| EXPENSES-BANK FEES | 79 | - | - | 79 | 61 | |||||
| SUBSCRIPTIONS ETC | 30 | - | - | 30 | - | |||||
| - | - | - | - | - | ||||||
| **Sub total ** | 36,067 | - | - | 36,067 | 25,386 | |||||
| A4 Asset and investment purchases, (see table) - - - - - - - - Sub total - - - - - Total payments 36,067 - - 36,067 25,386 ~~——————~~ |
||||||||||
| Net of receipts/(payments) - 2,991 - - - 2,991 6,050 A5 Transfers between funds - - - - - A6 Cash funds last year end 130,928 - - 130,928 124,878 Cash funds this year end 127,937 - - 127,937 130,928 ~~SSSS]~~ |
CCXX R1 accounts (SS)
04/05/2026
1
Section B Statement of assets and liabilities at the end of the period
| Unrestricted Restricted |
Endowment | ||||
|---|---|---|---|---|---|
| Categories | Details | funds funds |
funds | ||
| to nearest £ to nearest £ |
to nearest £ | ||||
| B1 Cash funds | 244 - - 27,693 - - 100,000 - - 127,937 - - Total cash funds HSBC Checking account balance HSBC savings/investment account balance HSBC Money Market Account balance ~~===~~ |
||||
| (agree balances with receipts and payments | (agree balances with receipts and payments | ||||
| account(s)) | OK OK |
OK | |||
| Unrestricted Restricted |
Endowment | ||||
| funds funds |
funds | ||||
| Details | to nearest £ to nearest £ |
to nearest £ | |||
| B2 Other monetary assets | - - - - - - - - - - - - - - - - - - ~~—==—~~ |
||||
| B3 Investment assets B4 Assets retained for the charity’s own use |
Fund to which asset belongs Cost (optional) Current value (optional) - - - - - - - - - - Fund to which asset belongs Cost (optional) Current value (optional) - - - - - - - - - - - - - - - - - - Details Details ~~====~~ ~~====~~ |
||||
| Fund to which Amount due |
When due | ||||
| Details | liability relates (optional) |
(optional) | |||
| Signed by one or two trustees on behalf of all the trustees B5 Liabilities |
Grant Awards 13,383 Grant Awards 4,163 Grant Awards 19,297 Grant Awards 20,550 - Date of approval 04/05/2026 GRANT PAYMENTS OUTSTANDING 2024 GRANT PAYMENTS OUTSTANDING 2025 GRANT PAYMENTS OUTSTANDING ~~2020&21~~ GRANT PAYMENTS OUTSTANDING 2022 Print Name J A MacArthur Clark Signature ~~——~~ |
CCXX R2 accounts (SS)
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ THE SOULSBY FOUNDATION members of
On accounts for the year 30 NOVEMBER 2025 Charity no 1174783 ended (if any)
Set out on pages 1-2
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 / 11 / 2025 .
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 05/01/2026 Name: David Mountford ~~ee~~ Relevant professional qualification(s) or body (if any): Address: Old Rectory
Fakenham Magna Thetford IP24 2QX
October 2018
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IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
October 2018
2
IER