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2022-06-01-accounts

Trustees’ Annual Report for the period

From 2/6/21 To 1/6/22

Charity name: The Phoenix Medical Project

Charity registration number: 1191100

Objectives and Activities

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SORP reference
Summary of the Para 1.17 For the public benefit to advance the
purposes of the charity education of displaced doctors in the
as set out in its UK in such ways as the charity
governing document trustees think fit.
Summary of the main Para 1.17 and 1. Awarding grants to such persons,
1.19
activities in relation to enabling them to take language
those purposes for the exams that contribute to their ability
public benefit, in to practice in the UK, and travel
particular, the activities, expenses to allow them to attend
projects or services teaching sessions. 2. Providing
identified in the teaching sessions for the
accounts. advancement of the participants’
proficiency in English language.
Statement confirming Para 1.18 We the trustees have read and
whether the trustees understood the guidance stated.
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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Additional information (optional)

You may choose to include further statements where relevant about:

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SORP reference
We award retrospective grants upon
Para 1.38 the provision of evidence of an exam
Policy on grant making successfully passed, worth 50% of the
exam’s full cost in pounds sterling.
Only available to participants we have
worked with prior to the exam.
N/A
Para 1.38
Policy on social
investment including
program related
investment
All of the teaching and interaction
Para 1.38 with participants is delivered by
Contribution made by volunteers.
volunteers
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Other

Achievements and Performance

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SORP reference
We have subsidised the exam fees of
7 participants (4 to take the
Occupational English Test (OET), 1 to
Summary of the main take the Professional and Linguistic
Para 1.20
achievements of the Assessments Board test part 1
charity, identifying the (PLAB1) and 2 to take the Professional
difference the charity’s and Linguistic Assessments Board
work has made to the test part 2 (PLAB2)). We acquired
circumstances of its exam resources for one participant to
beneficiaries and any prepare for PLAB1.
wider benefits to society
as a whole. We have expanded our outreach and
now have 5 branches, with Oxford
new this year.
Our medical student volunteers
continue to be provided with evidence
of their contributions which will
benefit them in their future careers.
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Additional information (optional)

You may choose to include further statements where relevant about:

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Achievements against Para 1.41
objectives set
We have raised sufficient funds to
Performance of award grants to all eligible
fundraising activities Para 1.41 participants.
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review

Review of the charity’s Para 1.21 Our spending was in keeping with our financial position at the planned budget and we entered the end of the period next financial year with a surplus. Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially Para 1.24 in deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other

Structure, Governance and Management

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Description of charity’s None
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Elected via majority vote of current
methods including trustees
details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Additional information (optional)

You may choose to include further statements where relevant about:

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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name The Phoenix Medical Project
Other name the charity The Phoenix Project
uses
Registered charity 1191100
number
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Charity’s principal 33 Stainforth Road
address E17 9RB
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Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Jonathan Bowley
2 Molly Kavanagh
3 Rohan Bassi
4 Nick Fahy 15/8/21
Tabitha Ashley- 25/1/22
5
Norman
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for
whole year
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Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Jonathan Christopher Bowley

Position (eg Trustee Secretary, Chair, etc)

Date 17/4/23

Charity Name No (if any)

Receipts and payments accounts For the period 6/2/2021 6/1/2022 To from

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
- - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total [ - ] - - -
Total receipts - - - -
A3 Payments
Exam Sponsorship 1,635 - - 1,635
IT 53 - - 53
Exam Resources 25 - - 25
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total 1,713 - - 1,713
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - -
Total payments 1,713 - - 1,713
Net of receipts/(payments) - 1,713 - - - 1,713
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - 2,962
Cash funds this year end - 1,713 - - 1,249
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Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted
Categories Details funds funds
B1 Cash funds Total cash funds to nearest £
1,249
-
-
1,249



to nearest £
-
-
-
-
(agree balances with receipts and payments
account(s))
Agreement Error OK
Unrestricted Restricted
funds funds
B2 Other monetary assets Details to nearest £
-
-
-
-
-
-





to nearest £
-
-
-
-
-
-
B3 Investment assets Details Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
B4 Assets retained for the Details Fund to which
asset belongs
Cost (optional)
-
charity’s own use






-
-
-
-
-
-
-
-
Fund to which Amount due
B5 Liabilities Details liability relates



-
-
-
-
-
(optional)
Signed by one or two trustees on
behalf of all the trustees
Signature Print Name
Jonathan Bowley

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CC16a
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Last year

to the nearest £ 2,005 - - - - - - - 2,005

2,005

-

2,005 - 957 2,962

Endowment funds to nearest £

-

OK

Endowment funds to nearest £

-

Current value (optional)

-

Current value (optional)

When due (optional)

Date of approval

5/8/2023