2022-12-31-accounts - Make A Medic

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period 2022

From 01/01/22 Period start date To 31/01/22 Period end date

Charity name: MAKE A MEDIC

Charity registration number: 119234

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Make a Medic, founded in 2019, produces high-quality medical education resources for students based primarily in the UK, and uses the funds raised from our affordable subscription fees to create grants for medical education and public health-related initiatives in low- and middle-income coutries.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Our main sources of fundraising originate from ticket sales for high-quality academic events and direct donations for ambitious projects and endeavours. Using our background in medical education, we are constructing a bank of exam-style single best answer questions which we will be licensing/selling to third party organisations to generate revenue for the charity.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees confirm reading the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference NIL Para 1.38 Policy on grant-making

NIL Para 1.38 Policy on social investment including program related investment NIL Para 1.38 Contribution made by volunteers NIL Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Welbodi Partnership (2022) This NGO in Sierra Leone aims to ensure that all women and children have access to essential healthcare services, reducing the number who are sick, suffer or die unnecessarily. Consisted of 2 subprojects: 1. CRADLE 5 Trial (Vital Signs Alert Device) ○ Phase 2 rollout across the remaining 8 districts - full implementation planned for 25/04/22. ○ This is a mobile, robust vital signs monitoring device, with low power requirements that identifies women in the community at risk of pregnancy complications. ○ The CRADLE 3 trial showed a 60% reduction in maternal mortality and 40% reduction in eclampsia and hysterectomy in the Sierra Leone setting. ○ An NIHR funded project with collaborating partners King’s College London, the University of Sierra Leone, the Ministry of Health and Sanitation and Welbodi Partnership. 2. 2YoungLives - in partnership with Lifeline Nehemiah Projects

	○ A mentoring scheme to tackle
	high rates of maternal
	mortality in teenage
	pregnancies. The mentors
	support girls to access
	antenatal care, attend a
	hospital for the birth, set up a
	small business to secure an
	income, advise on nutrition
	during pregnancy and help
	them prepare for the arrival of
	the baby.
Make	a Medic donated £6000. Outcomes of
the money raised:
1.	The CRADLE 5 trial is ongoing and
	we are awaiting formal evaluation
	data from the Welbodi Partnership.
	a. We have been informed the
	project is progressing well.
2.	2YoungLives has supported 3
	educational bursaries for teenagers
	in their pregnancy mentorship
	scheme. We have received two
	testimonials and thank yous which
	have been shared on our social
	media (with consent) - allowing one
	girl to achieve her plumbing
	qualification and another in electrical
	installation to provide a reliable
	income for their new families.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	NIL
Performance of fundraising activities against objectives set	Para 1.41	NIL
Investment performance against objectives	Para 1.41	NIL
Other		NIL

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Make a Medic finished the year in a strong financial position. We generated a gross income of almost£14,579, primarily through donations and courses, topped up by sponsorship deals. Of this, roughly40%was donated to our various projects throughout the year, and40%went towards our various expenses. Our largest expense (£5000) went towards the development of the website. We ended with a secure surplus of over £2,058, ready to face unexpected challenges and continue improving lives in the new year.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Make a Medic holds a sum of £500 reserves to ensure payments for subscriptions and other contractor costs, crucial for the day-to-day running of the charity, are paid on time.
Amount of reserves held	Para 1.22	£500
Reasons for holding zero reserves	Para 1.22	NIL
Details of fund materially in deficit	Para 1.24	NIL
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	NIL

Additional information (optional) You may choose to include further statements where relevant about:


The charity’s principal sources of funds (including any fundraising)	Para 1.47	1. Donations (£8,259) 2. Courses (£5, 420) 3. Sponsorship (£900)
Investment policy and objectives including any social investment policy adopted	Para 1.46	Nil
	Para 1.46	Nil

A description of the principal risks facing the charity Nil Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed by Founder (Dr Lasith Ranasinghe) Due to recent personnel changes, it was decided to continue the current Trustees until the time of AGM 2024, to ensure the longevity of vision during the charity’s evolution.
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	NIL
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Three trustees (Dr. Lasith Ranasinghe, Dr. Syra Dhillon and Dr. Anchit Chandran) Five other executive committee members (Iqbal Aniq, Cathy Dominic, Aleksandra Dunin-Borkowska, Sujil James)
Relationship with any related parties	Para 1.51	NIL
Other		NIL

Reference and Administrative details

Charityname	Make a Medic
Other name the charityuses
Registered charitynumber	1192343
Charity’s principal address	36 Admirals Way Hethersett Norwich NR93AQ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any)
DR LASITH RANASINGHE	-	-
DR SYRA DHILLON	-	- DR LASITH RANASINGHE
DR ANCHIT CHANDRAN	-	- DR LASITH RANASINGHE

– 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

Trustee name	Dates acted if not for whole year
-

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)

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
	-



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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

NIL

Other optional information

NIL

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) DR ANCHIT CHANDRAN Position (eg Secretary, TRUSTEE (FINANCES) Chair, etc) Date 10/01/23

Balance Sheet

Make a Medic

As at 31 December 2022

Balance Sheet Make a Medic As at 31 December 2022	Balance Sheet Make a Medic As at 31 December 2022
31 DEC 2022
Current Assets
	Cash at bank and in hand
	Barclays Business Banking Curr 3,484.74
	Total Cash at bank and in hand 3,484.74
	Total Current Assets 3,484.74
Net Current Assets (Liabilities) 3,484.74
Total Assets less Current Liabilities 3,484.74
Net Assets 3,484.74 Capital and Reserves
Current Year Earnings 2,068.42
Retained Earnings 1,416.32
Total Capital and Reserves 3,484.74

Balance Sheet

Make a Medic

Profit and Loss

Make a Medic

For the year ended 31 December 2022

Profit and Loss Make a Medic For the year ended 31 December 2022
	2022
Turnover
Ticket Income	5,420.31
Total Turnover	5,420.31
Cost of Sales
Cost of Goods Sold	157.46
Direct Expenses	100.00
Total Cost of Sales	257.46
Gross Profit	5,162.85
Administrative Costs
Advertising & Marketing	65.00
Audit & Accountancy fees	112.50
Charitable and Political Donations	6,000.00
Contractor Costs	5,000.00
Insurance	157.01
Subscriptions	928.57
Total Administrative Costs	12,263.08
Operating Profit	(7,100.23)
Other Income
Donations	8,268.65
Sponsorship Income	900.00
Total Other Income	9,168.65
Profit on Ordinary Activities Before Taxation	2,068.42
Profit after Taxation	2,068.42

Profit and Loss

Make a Medic