## Fairhealth
Charity number 1193223
## Annual Report and Financial Statements
for the year ended 31 January 2023
## Fairhealth
Annual Report and Financial Statements for the year ended 31 January 2023
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 3|
|Receipts and payments account|4|
|Statement of assets and liabilities|5|
|Notes to the accounts|6 to 7|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Fairhealth
## Trustees' report for the year ended 31 January 2023
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
**Position Dates** Dr Gemma Ashwell resigned April 2023 Dr Juliana Duodu resigned Sept 2022 Dr Dominic Patterson Dr Thomas Ratcliffe Dr Rachel Steen resigned Sept 2022 William Graham appointed Jan 2023 Marie Stout appointed Jan 2023 Dr Benjamin Jackson appointed Jan 2023 Dr Hareen De Silva appointed Jan 2023 Nicolas Nurden appointed Jan 2023
**Charity number** 1193223 **Registered and principal address Bankers** 22a Church Lane Triodos Bank UK Ltd Bessacarr Deanery Road Doncaster Bristol DN4 6QB BS1 5AS
Registered in England and Wales
## **Accountants**
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 25 January 2021 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed by a resolution passed at a properly convened meeting of the charity trustees.
2
## Fairhealth
## Trustees' report (continued) for the year ended 31 January 2023
## **Objectives and activities**
## **The charity's objects**
The promotion of equality and diversity for the public benefit by:
1. Working to actively confront individual, collective, institutional, and structural discrimination and prejudice that worsen health inequalities, including racism.
2. Working to reduce health inequalities by improving health outcomes for patients who are socioeconomically disadvantaged and/or who belong to marginalised patient groups, including but not limited to:
- Homeless patients
- Vulnerable migrants, asylum seekers and refugees
- Gypsies and Travellers
- LGBTQ+ patients
- Sex workers
3. Working to improve health outcomes for these groups in any way that the charity trustees see fit, including but not limited to:
- health professionals' education
- research and academic activities
- advocacy
- support to policy development
- support to healthcare workforce initiatives
## **The charity's main activities**
Fairhealth is a charity offering courses, elearning, blogs, a podcast and more. Materials are largely delivered online. All activities and learning are designed to enable healthcare professionals to develop the knowledge, skills and confidence to work in areas of deprivation, with marginalised patients and to reduce health inequalities.
## **Public benefit statement**
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular, the advancement of equality and diversity.
## **Achievements and performance**
This year we have focused on consolidation and refreshing our content. We have launched a number of new free learning modules and undertaken a refresh of all our existing content.
## **Financial review**
The net receipts for the year was £5,265, including net receipts of £6,746 on unrestricted funds and net payments of £1,481 on restricted funds.
## **Reserves policy**
The charity's free reserves, at the year end were £23,526.
The trustees have not yet adopted a reserves policy.
Approved by the board of trustees on 05/08/2023
Hareen De Silva (Trustee)
3
## Fairhealth
## Receipts and payments account for the year ended 31 January 2023
|Notes
2023
Unrestricted
funds
£
**Receipts**
Donations
12
Transfer from unincorporated association
-
Commissioned work
14,700
Bank interest
33
**Total receipts**
14,745
**Payments**
Facilitator Fees
2,524
Volunteer reimbursement
736
Software fees
4,330
Bank charges
7
Independent examination
402
Trailblazer project expenses
-
**Total payments**
7,999
**Net receipts / (payments)**
6,746
**Fund balances brought forward**
16,756
**Fund balances carried forward**
(2)
23,502|2023
Restricted
funds
£
-
-
-
-
-
1,000
-
-
-
-
481
1,481
(1,481)
2,696
1,215|2023
Total
funds
£
12
-
14,700
33
14,745
3,524
736
4,330
7
402
481
9,480
5,265
19,452
24,717|Period to
31 Jan
2022
Total
funds
£
-
21,458
3,002
4
24,464
-
3,641
1,368
3
-
-
5,012
19,452
-
19,452|
|---|---|---|---|
4
## Fairhealth
## Statement of assets and liabilities
|as at 31 January 2023
2023
Unrestricted
£
**Cash funds**
Cash at bank
23,526
**Total cash funds**
23,526
**Liabilities**
Accruals|2023
Restricted
£
1,215
1,215|2023
Total
£
24,741
24,741
2023
£
378
378|2022
Total
£
19,452
19,452|
|---|---|---|---|
The financial statements were approved by the board of trustees on 05/08/2023
Hareen De Silva (Trustee)
5
## Fairhealth
## Notes to the accounts
## for the year ended 31 January 2023
## **1 Accounting policies**
## **Basis of accounting**
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
6
## Fairhealth
## Notes to the accounts continued
## for the year ended 31 January 2023
|**2 Restricted funds**
Trailblazer fund
**Fund name**
Trailblazer fund|Balance b/f
Incoming
Outgoing
Transfers
Balance c/f
£
£
£
£
£
2,696
-
1,481
-
1,215
2,696
-
1,481
-
1,215
**Purpose of restriction**
To expand the production of online learning modules, patient stories and
humanities resources for primary care health professionals, with the aim of
reducing health inequalities|
|---|---|
## **3 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous period.
7