Company number= 12341200 (England and Wales) Chariiv number.. 1186780 (England and Wales) Charity number: SC049982 Iscotlandl Council of Deans of Health Report and financial statements For the year ended 31 July 2023 •ACZIOEQZ' 2310312024 COMPAWIES HOUSE #14 SA YER 00000 ooooo V I NCENT 0000000 ooooooo Councll of Deans of Health Contents For the year ended 31 July 2023 Reference and adminisirative inforrnalion Trustees, annual report Independenl auditor's report Statement of financial activities lincorporaiing an income and expenditure account) Balance Sheet Statement of cash flows . Notes ro the financial Statements .20 Councll of Deans of Health Reference and admlnlstratlve Informatlon For the ￿ar ended 31 July 2023 Company number Country of Sncorporatlon 12341200 United Kingdom Charfty number Country of registratlon 1186780. SC049982 England & Wales. and scotland Reglslered office and operational addre55 ' Woburn House 20 Tavisiock Square London WCIH 9HD Trustees Trustees, who are also directors under company law. who served during the year and up io the date of this report were as follows.. Professor Brian Webster-Henderson. Chair (resigned 3 1 July 20231 Professor Alison Machin, Chair (from l Augus1 2023) Dr Norma 8arry, Vice Chair Alison Carr Professor Carol Curran Professor Marc Griffiths David Holdsworth Professor Paula Holi Professor Andrea Nelson Paul Newman (resigned 31 July 20231 Professor Debra Towse Raluca Oaien James Wakefield Key management personnel Dr Katerina Kolyva. Chief Executive 110 6 February 20231 Ed Hughes. Chief Execuiive (from l July 2023) lankers Naiional Westminster Bank plc 250 Bishopsgaie London EC21A 4AA Sollcltors Womble Bond Oickinson (UK) LLP Helix The Spark Draymans Way Newcastle Upon Tyne NE4 SDE Councll of Deans of Health Reference and admln15trative infornmtlon For the year ended 31 July 2023 Audlror Sayer Vincent LLP Chanered Accountant5 and Statutory Auditor I l O Golden Lane London ECIY OTG Councll of Deans of Health Trustees, annual report For the year ended 31 July 2023 The tru5tee5 present their report and ihe audited financial statements for the year ended 31 July 2023. Reference and administrative information set out on page I forms part of thi5 report. The financial statements comply with current staiuiory requirements, the articles of association. the requirements of a directOTS' report as reguired under company law. and the Statement of Recommended Practice - Accounting and Reponing by Charities.. SORP applicable io charities preparing their accounis in accordance with FRS 102. Objectives and activities Purposes and aims The Council of Deans of Health (the Council) represents ihe UK'S universities engaged in education andlor research for nursing. midwifery. and the allied health professions. At any one time, our 106 members will educaie around 200.000 curreni and"future professionals and will carry out research thai improves the population's health and wellbeing. Our members are based in England. Northern Ireland. Scoiland. Wales. the Channel Island5, the Isle of Man, and Gibraltar. Mlsslon The Council. on behalf of the UK university healthcare education sector. advances and promotes healihcare education and research for ihe public benefii. through influencing Government policy and connecting our members. Vlslon Our vision is thai governments in the UK are commiiied to quality education and research and a Sustainable healihcare academic workforce. in order to safeguard and improve the health and wellbeing of the public. Values We are Incluslve We champion diversity. equity, and inclusion across our secior and to its leaders. We give voice to underrepresenied individuals and communities. We are InnovatlvÈ We build meaningful networks that sirive for innovation. We generate ideas based on evidence. We are ImpKrful We deliver our charity objectives with commitment and accountability. We focus on impactful outcomes. Councll of Deans of Health Trustees, annual ieport For the ￿ar ended 31 July 2023 Objects The only objects for which the Charity is established are to advance and promoie education and research for ihe public benefit in particular by.. informing and influencing UK health and social care education policy and practice to promote positive outcomes for those who benefit from the Charity's work and promoting innovations acros5 the sector.. enhancing ihe skills. expertise and knowledge base of those engaged in delivering high quality education and research outcomes for ihe benefit of studenis.. encouraging and promoting collaboration between Members and lor Associate Members and policy makers. regulators. employers artd others doing work relevant to Ihe sector both in the UK and globally in order to share sector knowledge and expertise and promoie innovation.. and any such ancillary and incidental exclusively charitable activities as Ihe Trusiees frorn time to time think fit. The trustees review the aims, objectives and activiiies of the chariry each year. Thi5 report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of eaih key act4vity and the benefits the chariry ha5 brought io those groups of people that it is set u p to help. The review also helps the trustees ensure the charity's aims. objectives and activities remained focused on 115 Stated purposes. The trustees have referred 10 ihe guidance contained in the Chariry Commis5ion'5 general guidance on public benefit when reviewing ihe chariry'5 aims and objectives and in planning it5 future activities. In particular, the trustees consider how planned activities will contribule to the aims and objectives thai have been set. Strategic report Achievements and performance The charity's rnain aciivities and who li tries to help are described below. All its charitable activities focus on advancing and promoting education and research and are undenaken to further the Council of Deans of Health's charitable purposes for the public benefit. The work of the Council over this period was underpinned by the Corporate Plan for 2022-23 and, more widely, the Council 2025 Sirategy. Underpinning ihese was a focus on the strategic policy areas of equality, diver51ty and inclu5ion- pedagogy and innovation.. regulation- research and sector sustainability. During the course of the year there was a change to the leadership of the Council with the departure as Chief Execulive in February 2023 of Or Katerina Kolyva. The new Chief Executive Ed Hughes joined in July 2023 following an interim period in which the Head of Membership and Operations and the Head of Policy and External Affairs assumed additional responsibilities wirh the support of the Chair and Vice-chair. Councll of Deans of Heakh Trustee5' annual report For the year ended 31 July 2023 The Council 202 5 Strategy identifies three key aims thai help deliver progre55 in these policy areas= Influence policy acros5 the UK promoting the essential contribuiion of our sector to health and social care. Offer excellent services to our members creating Sustainable sector networks. Advance healthcare education and research by strengthening our sector and or9anisation. The following summary of highlights for ihis period falls under these headings. Influence The Council built on the significant progress made in political engagement in the year before to coniinue 10 amplify lis voice and advocate ihe aims of lis members. Over this period there was significant involvement in ihe developmeni of the NHS England Long Term Workforce Plan. including attendance at a Nol O Downing Street roundiable and a hi9h profile vislt of the Health Secretary. Steve Barclay. to a member university following the launch of the plan. The key influencing work to include the education workforce in the plan wa5 successful and the Council was viewed as an important stakeholder in the launch of the plan and in its subsequent implemeniaiion. which remains ongoing. This sar alongside continued engagement with adminisirations across the UK and the Council's attendance at the 2022 Labour. Conservative and SNP party conferences. as well as the 202 3 Liberal Democrat spring conference. Meetings with senior fronibenihers were held at each of these. Overall, the Council's relationships with key stakeholders acr055 politics. the civil service and NHS maiured over this lime and enabled a greater degree of mutual trust through which to influence the policy agenda to meer the needs of members. Nthvorks The work of the Strategic Policy Groups (SPGS) continued throughout this time with a particular focus on developing policy proposals for the Cou ncil's planned manifesio paper in anticipation of a 2024 general election. The four groups, focussed on ihe policy prioriries of EDI. pedagogy and innovation, regulation and research. met quarterly and continued io be inclusive of four nation and cross-profession perspective5. The SPGS sat alongside ihe Nation Groups bringing together member5 from En9land, Wales and Scotland respeciively. Plans have been developed to re-e5tabli5h a CODH Northern Ireland to operate on similar terms as the other nation group5. Quarterly meetings. with at least one in person annually for each. were held and the groups plaved an imporrant role in engagement wilh devolved administrations and Wesiminster throughout the year. Regional group5 across the English regions met throughout this period supporting the work of CODH En9land ai national level. Councll of Deans of Heal¢h Twstees. annual report For the year ended 31 July 2023 The work of both the Nation Groups and SPGS were more iniegrated into the events programme io further refleci their status within the Council. The Council continued to support the Clinical Academics Role Implemeniaiion ICARINI Netyvork with over 60 institutions involved and used this as a model for a new memorandum of nderstanding with the UK Network of Professors in Midwifery and Maternal and Newborn Health. A joint statement with the Council'5 Australian equivalents a150 laid the groundwork for the development of a further memorandum of understanding with Universities Australia, Australian Council of Deans of Healih Sciences and Council of Deans of Nursing and Midwifery (Austialia and New Zealand). Monthly meetings continued with ihe Nursing and Midwifery Council (NMCI. Health and Care Professions Council IHCPCI and others facilitating the Council's work. Along with annual member meetings with both. engagement wilh these irnportani regulators remained strong including on the areas of regulatory reform and poiential plans io regulate advanced practice. A programme of 16 online events drew a iotal audience of 662 delegates and three face-io-face events drew a iotal audience of 332 delegaies from among the Council's membership and 5upponed the development of sustainable sector neThvorks. Advanct The Council's general work was supplemented by the publication of papers such as ihe Pandemic Powered Improvements report in October 2022 as well as an AHP Educaior Career Framework and Anti-racism in AHP Eduointed as the charitable companrfs auditor during (he year and has expressed lis willingness to continue in that capacity. The directors. annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies, regime. Councll of Deans of Health Tru5tee5' annual report For the year ended 31 July 2023 The trustees. annual report has been approved by the irusiees on 7 March 2024 and signed on their behalf by Professor Alison Machin Trustee ' Independent audltoes repon ' To the members of Councll of Dean5 of Health Independeni audiior's report to ihe member5 of Council of Deans of Health Opinion We have audited the financial statements of Council of Deans of Health (the 'charitable companv'l for the year ended 31 July 2023 which comprise the statement of financial aciivities. balance sheet. statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accouniing Standards. including FRS 102 The Financial Reporting Standardapplicable in the UKand Republic oflrelandlunited Kingdom Generally Accepted Accounting Practice). In our opinion. the financial statements.. Give a true and fair view of the stale of the charitable company's affair5 as ai 31 July 202 3 and of its incoming resources and application of resources. including its income and expenditure for the ytar then ended Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice Have been prepared in accordance with the requirements of the Companies Aa 2006 Basis for opinion We conducted our audit in accordance with Internarional Standards on Auditing IUKI IISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor'5 responsibilities for the audit of the financial statements section of our report. We are independeni of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial srarements in the UK. including the FRC'S Ethical Standard and we have fulfilled our other eihiial re5pon5ibilities in accordance wilh these requirements. We believe that the audit evidence we have obiained 15 sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statemenis, we have concluded that ihe trustees. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not identified any maierial uncertainties relating io events or conditions thai. individually or collectively. may cast significant doubt on Council of Deans of Health's ability to continue a5 a going concern for a period of ai least ￿e1ve months from when the financial statements are authorised for issue. Our responsibilities and rhe re5pon5ibilitie5 of the trustee5 wilh rp%pect io going concern are described in the relevant sections of thi5 report. Independent audltorfs report To the memlxrs of Councll of Deans of Health Other Information The other information comprises the information included in the trustees. annual report, other Ihan the financial 5tatemenis and our auditor's report thereon. The irustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the oiher information and, except io the extent othenNise explicitly staled in our report, we do not expre55 any form of assurance conclusion thereon. Our responsibility is to read Ihe other information and. in doing so. consider whether the other informafion Is materially incon515tent wilh the financial siatements or our knowledge obtained in Ihe course of Ihe audit, or othenvise appears to be materially missiated. If we identify such material inconsistencies or apparent material mi5Staternents, we are required io determine whether this gives rise to a maierial misstaiement in ihe financial statements Ihemselves. If, based on the work vle have performed, we conclude thai there is a material misstatement of this oiher informaiion. we are required ro report that faci. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on rhe work undertaken in the course of the audit- The information given in ihe tru51ees' annual reporr for the financial year for which the financial statement5 are prepared is consistent with the financial 5tatemenis', and The Irusiees, annual report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of ihe knowledge and understanding of the charitable company and irs environment obtained in the course of the audil. we have noi identified material mi55ratements in the tFU51ees' annual report. We have nothing to report in respect of the following matters in relation to vlhich the Companies Aci 2006 requires us to report to you if, in our opinion.. Adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us.. or The financial statements are not in agreement with the accouniing records and returns. or Certain disclosures of trustees, remuneration specified by law are not made., or We have not received all the information and explanations we require for our audii., or The directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies. exemptions in preparing the trustees, annual report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the statement of trustees, responsibililies sei out in the trustees. annual report. the trustees (who are also ihe direciors of the chariiable company for the purposes of Independent audllorf5 report To the members of Councll of Deans of Health ompany lawl are responsible for ihe preparaiion of the financial statements and for being satisfied ihat they give a true and fair view. and for such internal control as the trustees determine is nece55ary io enable the preparation of financial 5tatement5 thar are free from material misstatement. wheiher due io fraud or error. In preparing the financial statements. the trustees are responsible for a55e55ing the charitable company's ability to iontinue as a going ioncern, disclosing, as applicable. matters related to going concern and using the going concern basis of accounting unless the trustees either iniend to liquidate ihe charitable company or 10 cease operaiion5, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obiain reasonable assurance about whether the financial statements as a whole are free frorn material misstatement, whether due io fraud or error. and to issue an auditor's report thai includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will a￿VayS detect a material missiaiemeni when it exisis. Missiaiemenis can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expecied to influence the economic decisions of users taken on ihe basi5 of these financial statements. Irregularities. including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. io detect material missiaiements in respect of irregularities, including fraud. The extent io which our procedures are capable of detecting irregularities. including fraud a￿ set out below. Capability of ihe audit in deiecting irregularities In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations. our procedures included the following.. We enquired of managemeni. which included obtaining and reviewin9 SUPPOrting documeniation. concerning the charity's policies and procedures relaiing to-. • Identifying. evaluaiing, and complying with laws and regulations and whether they were aware of any instances of non-compliance., Detecting and responding to the risks of fraud and whether they have knowledge of any aciual, suspected. or alleged fraud.. • The internal conirols established to mitigate risks related to fraud or non-compliance with laws and regulations. We inspected the minutes of meetings of those charged with governance. We obtained an understanding of the legal and regulatory frarnework that the charity operates in. focusing on those laws and regulations that had a maierial effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience. Independent audltor's report To ihe members of Council of Deans of Health We communicated applicable laws and regulations throughout ihe audit team and remained alert to any indications of non-compliance throughout the audit. We reviewed any reports made io regulators. We reviewed the financial staremeni disclosures and tested these 10 SUPPDrtin9 (Jocumentation to assess compliance with applicable laws and regulations. We performed analytical procedures to identify any unusual or Lbnexpected relationships that may indicate risks of material misstaiement due to fraud. In addressing ihe risk of fraud through managemeni override of controls. we tesied the appropriatenes5 of journal entries and oiher adjustmenis, assessed whether the judgement5 made in making aicouniing estimates are indicaiive of a potential bias and tesied significani Iransactions that are unusual or those outside the normal course of busine55. Because of the inhereni limilalions of an audit. there is a risk that we will not detect all irregularities. including those leading to a maierial missiaiement in ihe financial siatemen15 or non-compliance with regulation. Thi5 risk Increases the more that compliance with a law or regulation 15 removed from ihe event5 and transactions reflected in the financial Statements. a5 we will be less likely io become aware of instances of non-compliance. The risk is also greater regarding irregularities oicurring due to fraud rather than error, as fraud involves intentional concealment. forgery. collusion. omission or misrepresentaiion. A further description of our responsibilities is available on the Financial Reporting Council's website at.. www.frc.or uditorsres on This description forms part of our auditor'5 report. Use of our report This repon is made solely to the charitable compan￿5 members as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken 50 that we mighi stale io the charitable companVs members those matiers we are required io stale to them in an auditor's report and for no other purpose. To ihe fullest extent permittetl by law. we do not accept or assume responsibiliiy io anyone other ihan the charitable company and the chafltable companvs members as a body, for our audit work. for ihis report, or for the opinions we have formed. Judiih Miller (Senior statutory auditor) Dale.. 21 March 2024 for and on behalf of Sayer Vincent LLP. Statutory Auditor Invicta House. 108-114 Golden Lane. LONDON, ECI Y OTL COUNCIL OF DEANS OF HEALTH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2023 Unrestricled Restricted funds fund Total 2023 Totsl 2022 come Irom.. haritable acb"Mties Investments Transfer from Llniversities UK 1.069.565 792 60.CQO 1.129,565 792 1,140.134 41 563,211 Total Sncome 1,070.357 60.000 1.130.357 1.703.386 Charitable activities 919.605 135.042 1,054,647 1.037,506 Net incornel1expendi￿re) for th• yèarf Net movement in funds 150,752 175.0421 75.710 665,880 Total funds brought fomard 513.483 152,397 665,880 Total funds cathed forward 864.23S 77,355 741,590 665.880 The siatement of finanual aclivilie5 irKludes 011 ga￿S and losses ￿nised in the y&w. The notes on pages 7 10 17 fom part of these financial statements. l income and expenditure delive fr(xn conlinuing aclb%ryties. Movements in funds are dbsthsed in Note 14 to Ihe financial slatements. Thè statement of finanual acli¥rf¢es ￿s0 complie5 Iwih the requiremenls for •n income and expenditure account under Ihe Conwanies Act 21XJ6_ 17 C¢)mpany Registration No. 12341200 COUNCIL OF DEANS OF HEALTH BALANCE SHEET AS AT 31 JULY 2023 2023 2022 Fixed assets Tangibk assets Current assets Debtors Cash at bank and in hand 11 43.396 807,888 63,379 860.524 851.284 723.903 Creditors: amounts tallong due *lthSn on• yèar 12 1109.694) {58,0231 Net current assets 741.$ 665,880 Income lunds Restri¢ted lunds Unrestricted ftjnds 14 77,355 664.235 152.397 513,483 741,5 665.880 The noles on pages 7 to 17 lo￿ part of these finan¢ial stalements. The fmantial slatements **re apwo¥ed by the Twslee5 on 7 March 2024 and signed on their behalf by.. Professor Alison Mach Trt￿tee COUNCIL OF DEANS OF HEALTH STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2023 2023 2022 Cash Ilows from operating aclivities Cash generated Irom operab.ons 16 146.572 42.030 Cash llows Irom Investing activities Inlere$t received 792 41 Net cash generated Irom investlng O¢tlYltle* 792 41 Cash flo*¥ from financing activitie¥ Cash receNed transfer from Universiti'es UK 618,453 Net cash generated from fin•n¢ing activities 618.453 Net incre•se In ¢4sh and eash •qui¥alents 147.364 660,524 Cash and cash equNalents at beginning of year 660,524 Cash and cash equivalents at end ol year 807.888 660.524 19 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 A¢¢ountSng polkles Charity inlom)ation Council of Deans of Heath 15 a wNate company limrted by guarantee incorporated in England and Wales. The registered oifice is lthbum House 20, TaMslock Square, London, VKIH 9HD. Unrted King(Jom. Accounting ¢on¥enlion The financial statements have been prepared in accorfance wth the Trus(5 goveming document, the Companies Act 201A, the ChariDes an(J Truslee Investment Iscodandl Act 2005. the Charities AC￿unIS Iscotlandl Regulalions 2006 las amended) and -Accounting and Reporting by Charilie5'. Statement of Recommended Pradice applicaNe to chaiities preparing their accounts in accordance wth the Financial Reporting Standard applicable tn Ihe UK and Republi¢ of Ireland IFRS 1021 leffective 1 January 20191 Icharitses SORP IFRS 102)). Ccuncil of Deans of Heath ffee15 the defiluliw of a putlic l)enefft enb.ty under FRS 102. The financial stslemeffls are prepared in sterfing, which is the functm￿aI cwrenry of the Tnjst. Monetary amounts in (hese finar￿1 statements are rounded to the nearest £. The financial statements have ￿en prepared under the historical cost convention. A55ets and liabililies are initially recognised at historical cost or transaction value unless otherwse staled in the relevant accounting poly or note. The prinapal accounb.ng P￿iCieS adopted are set out beknw. Golng eonc*rn At the time ol appffj￿ng Ihe financi￿ statement5. the Trustees have a rea50natle expectation that the Trust ha$ adeguate resources to ¢tsntinue in operationd existen¢¢ for ihe foreseeab￿ future. Thus the Tnjstees ntinue to adopt the 90iny concem basis of accounb.ng in p￿paring Ihe financial ststements. The Trustees consider that there are no material uncertaintses about the charity's abilty to Gontinye as a going concern. Charitable funds Unrestricted l￿d$ are available for use at the i*screbon of the Trustees in fvrtherance of their charitable objectives unles5 the funds have been designated for other pu￿*Se$. Restricted fvnds are subiect lo speufic condth'ons ty dor¥)rs as to how Ihey may bts used. The purpo$e$ and uses of the reslricled funds are set cart in the wK)tes lo the fin￿￿￿1 statements. Incoming resou￿¢5 Income is recognised when the Trust is legalty entitled to il after any performance condiiions have been met, the amounts can be measured reliabty, and it is probable that income will be receNed. Cash donations a￿ recognised on rec•pt. Olher donations are recognised once the Trust has been notified of the donalion. unless perfomiance cOnd￿.0nS require defeThal of the amounl. Income tax recoverable in relation to donations weived under GrfiAKJ or deeds of co¥enanl is rec4J9nise(l at Ihe tsme of the donats"on. Subscriptions are Tecognised over Ihe period lo they ￿late. Conference fees and olher income are recognised on an accwals basis. 20 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 Accountlng policies Iconllnwdl Resourcès èxpended All expendrture is ac£ounted f(Y ¢)n an accruals basis and has been dassthed under headings thal aggregate all costs relating to thal cate9(Yy. ￿ere costs cannot be directy attribuiaL4e to a partiular heading. they have been allocated to actiwtses on a basis cL￿Sistent V*ith the vse of the resource. Direct costs. including directy all1￿￿￿￿￿e 5*aries. are auorated on the basis oltift* to the key strategK afeas of activty. Overheads and other salaries are alocaled befv￿n actr4filies on the bases of usa9e. ie thè sarne ba￿5 a$ eXpendrtU￿ InrJJrred directy in unt1ertaking Ihe acbvity. Govemance c05t5 are those incwred in ¢(￿ne¢￿'0n *rylh the management of the Trusts. assels, the Irusts. 8dministrats.on and compliance *ith ¢onsbttrtional and staiuiory ￿quire[￿ent$. Support cosls aTe those lunclions that asstsl the work of the charty but do not dweclty undertake chantable actNities. Support costs are allocated on an appropnate basis as set out in note 6. Tangiblè fixed assets Tangible frAed assets are Inrtially measured at cost and subsequenuy measured at cost or valual¢on, nel of depreriotion and any impam)ent k)55es. Caprtal expendrture beknw £5,￿0 is not captslised. Depreciabm 15 recognised so as to write off Ihe cost or ValUat￿n olassets less their residual values over their useful lives on the I￿lOWIng bases." Fixtures and frttings 4 yea Cash and cash •qui¥alents Cash ond cash equNalents indvde cash in h•nd ond deposrts hdd at call banks. Flnanclal Instruments The Trust onty has finantia assets and h.abi1rt￿ of a kinij that qvalfy as basic finanual inslruments. 8asic financial Inslwrnents are initialty recognised attransaction value and subsequenuy measured at their setllement value. L￿bIlIbeS we recognised on an ac(Juals basis. Basic financial assets Sh¢Jrt leTm debtor5 are rnea5uTed at transaction wice. le55 any lryai￿nL Basic financial liabilitsés Creditors and prowsions are recognised where the charity has a present obligalw resuming from a past event that ￿11 probably result in Ihe transfer of funds to a Ihird party and the amount due Io settle the obliga￿.On can be measured or estimated reliably. Creditors and pro¥ishins are nom￿1￿1 recognised at thew settlement amount after allowing for any tra¢Je discounts due. Derecognition olfin•ncial liabilities Financial liat4"lth"es are derecogni5ed vh*n Ihe Trnst's contractual obhgations expire or a￿ discharged or cancelled. Employee benefrts Termination benefits are recoynised immediatety as an expense ¥then Iht Trust is demonstrabty cornmitted to terrninale the ernployr￿t of an employee or to provide tenninats.on beneffit5. Retirern*nt benefits Payments to defjned contribution th"r¢ment benefit schemes a￿ charged as an expense as they tsll due. 21 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 A¢¢Ow￿ng pollcles Icontinuedl Leases Rentals payable under operabng leases. induding ￿ lease incentrves recepled. are charged to income on 8 straight Ime basis over the tem of the relevanl lease. Company limited by guarantee In the event ofthe Trust being *￿Und up, the liabilty in respe¢t of the 9uarnntee ¢s limrted to £1 per rrember of the Trust. Charitable aclivlty¢S 2023 2022 Sub$cwJtyons from membersh Fundraising in¢ome Gfant and contract income 1,C66,565 3,000 60.OCQ 960.442 9,250 170.442 1,129,56S 1,140.134 Anaty5is by ftjnd Unrestn'cted funds Re$lri¢l￿ funds 1.(￿9.565 60,000 971,942 168.192 1,129.565 1,140.134 Investments Unrestricted Restricted funds funds Total 2023 Total 2022 Interesl recwvable 792 792 41 For the year ended 31 Juty 2022 41 41 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 Transfer from Universitles UK On the 1 August 2021. the start of the prior period. the assets. liab'lrties and acti￿ties of ihe Council of Deans ol Heafth previousty held in Universitie5 UK. an independent or9anisatson (company number 02517018 and charty number 1001127), were tran51erred to the CourKil of Dean5 of Heallh. The fund balance at 31 July 2021 per the ffinancial statements of UnNerth"es UK was £563.211. Unrestriettd Restricted Fair value Office equipment Debtors and prepayments Cash at bank and in hand Creditor5 and accruals 22.941 472,192 178.1831 22,941 618,453 {78.183) 146.261 Total identifiable assets 416.950 146.261 563,211 Total consideralion 416.950 146,261 563.211 Satisfied by". Transfer 416.950 146,261 563,211 23 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 CharltatAe activitie5 2023 2022 staff costs Conference c05t5 Office rent Rates Travel and acccnKnodalion Prints"ng. posiage and staticffjery Telecornnwrucations Infomiats'on techno109y Cleaning Repairs and rnaitenanGe Adverts'sing Meeting expenditu Insurance Bank charges Recruitmem and staff training costs Sundry costs 688.973 124,936 46,029 1,404 13,954 4,435 3,744 31,317 1,528 2,634 632,995 126,330 44,521 1.674 13,192 1,919 30,260 1,634 2,966 35,500 8,783 3,170 539 35,120 4,012 8,513 3,934 1.357 51,307 3,740 987,805 943,726 Governance costs (see nole 61 66.842 93,780 1.054.647 1,037.506 Anatysi¥ by lund UnTestricied funds Resln'ded funds 919,605 135.042 875,450 162,056 1,054,647 1.037.506 24 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 Support costs The charity onty has one activity and as such there is no apportionffient ol support C¢J5ts requirEd. The charity recogni5es Ihe follo￿n9 Costs as gwemanc¢ c05t5." Support Governance Costs 05ts 2023 2022 Basls of allocation Audit fees Accountar Legal and professional 9.020 22.114 35.708 9,020 22.114 35.708 9,600 Govemance 31,645 Govemanc8 52.535 Govemance 66.842 66.842 93.780 Analysed betsveen Charitable acti￿lIeS 66,842 66.842 93,780 Governar￿ costs ir￿￿deS audit Yee5 of £9.02012022.. £9.600). Net movement in funds 2023 2022 Net movement in ffijnds is slated after chwginglluedibng) Fees payable to the companls audiiorfor the audit of the companys financial statements Operabng lease charges 9.020 46,029 9,600 44.521 Trusteps The total expenses paid to oron beh￿1 of the trustees during the yearw8$ £3.01012022.' £1901 tQ1hree truslees 12022.. four trustees). This repre5errted travel and subsistence expenses incurred in attending trustee ￿￿etIngS. No trustee received remuneoiion in the year12022.' £nil) fortheir role as a trustee. 25 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 Employees Number of employees The average rnonthly number employees during the yeart•A$.' 2023 Number 2022 Murnb•r Chantable acbmties 12 11 Employmenl ¢osts 2023 2022 Wages and salaries Soual security costs other pension costs 578.149 56,796 54.028 527.135 56,322 49,538 688.973 632.995 The number of employees ￿¢$¢ reM￿elatIOn lor the period was £60.000 or rrKye were.. 2023 Number 2022 Numb•r £60,CQO- £69,999 £120,000- £129.999 The key management personnel of the charity compTises the TnJstees and Ihe Chief Executive Officer. T¢)tal employee benefits lor the key management personnel were £90.92512022 £147,790). 10 Taxation The charity is exempl from tax on income and gains falling ￿1th1n section 505 of Ihe Taxe5 Acl 1988 or seth.on 252 of the Taxation of Chargeable Gains Acl 1992 to the extent thal these are ap￿1*d to Its thanlable objects. 11 Oebiors 2023 2022 Tratje deblors Prepayments and accrued income 556 42,840 46,5 16.879 43.396 63,379 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 12 Creditovs- amounls f•llln9 duè within one year 2023 2022 Trade rJeditor5 (Xher taxation and sw?15ecurity Def¢rTed income Olhef creditors rual$ 9.136 20,924 42.405 5,658 31,571 11,888 18.403 13 5.658 22,074 109,694 58,023 13 Delerred incorne 2023 2022 SubsrJiptions and events 42.405 Incorne re¢e￿Id in advance is deferyed unbl the relevant period or the event takes Fdace. 27 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 14 Restricted funds The income funds of the ¢hartty indude restricted fijnds cowyrising the follo￿9 unèxpendèd balances of donalions and grants held on Irusi fof specific purposes.. Plo¥ement In funds Incoming Rèsourees Balance at 31 r•sourees expended July 2023 Balance •t 1 August 2022 Burdett Trust for Nursing Health Education England 99.277 53,120 30.000 30.000 151.922) 183.1201 77,355 152.397 1135,042) 77.3SS Balance at 1 Incoming Rtsourtèj Balanc• at 31 August 2021 r￿ourCeS expended July 2022 Burdett Trust for Nursing Strategic Intervention5 Ml Heamh Education Disciplines Heath Education England 159.529 160.252) 99,277 61.924 161.924) 139.880) 53.120 314.453 1162.056) 152.397 Unrestrithd funds Unrestrided tund$ r¢pres•nts resources available for general wryk. Rèstrlcted lunds Burdett Trust lor Nursing The Burdett Twst for Nursing lund5 Ihe Counal to run Ihe Sludent Leadership Programme wthich prornoles and develop5 leadership skills amng the lulU￿ healthcare workforce through a year long prograrnme full of events, coaching and exdu$i¥¢ opportunities. StratÈglc Interyentions in Health Education Disciplines ISIHEO) The Office for Students funded the Counal lo rn8na9e the SIHEO programme. The purpose oflhe prograrrffle was to strengthen the provigon of 5rnJl speualist health disoplines in EngLand lo improve sustainability of delivery of these disg￿lnes. This wa5 to be achieved by increasing awareness and undersianding of allied heallh diyjlines, and therefore demant1 lor hi9her education courses in these discirAines. Health Educatlon England (HEE) HEE fijnds the Counal to run projects Ihat support itsAHPWorkfor¢e ReftyMv￿fk. Spe¢ificalty, projects relating lo Equality, Diversity and Indusion, advanung prath'ce. simulaknon. and supporb.ng IheAHP educator wot*fofce. Addrtionalty, fijnding supports ongryng Counryl work on the Sludent Leadefship Programme and the Femowslip Scheme targeted at academies from under-represented 9roup$. 28 COUNCIL OF DEANS OF HEALTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 15 Analysis of net assets bèt**en funds Unvestricted funds Reslricted lunds Total funds Fund balances at 31 July 2023 arn represenled by: Current assels Cash at bank and in hand Current liabiliti'es 27.137 735,240 (98.142) 16.259 72.648 111.S521 43,396 807.888 1109,6941 664,235 77,355 741.590 Fund ba￿a￿e$ at 31 Juty 2022 •ve Yepresented by: Current assets Cash at bank and in hand Current lia￿111￿$ 16.879 552.713 (56,1091 46,500 107,811 11,9141 3.379 660.524 158,0231 513.483 152,397 6fj5,880 16 Cash genèrn1￿ from operallons 2023 2022 SuiF4us for the year 75,710 665.680 Adjustments for-. Investment Income recognised in statement offfinantsal ac1m￿s Twsfer from Universit￿S UK 1792) 1411 1563,2111 Movements in working Ca￿.. Oecreasellincre3sel in debtor5 InC￿aSe11deCreasej in rJedrtws In¢￿aSe in deferred income 19,983 9,266 42,405 140.4381 120,1601 Cash genernled from operaUoDs 146,572 42,030 17 Operatlng lease commlimenQ8 At Ihe reporting end date the Twst ha(J outstanding commitments lty fulurt nxnimum lease payments under non