Fairhealth
Charity number 1193223
Annual Report and Financial Statements for the year ended 31 January 2024
Fairhealth
Annual Report and Financial Statements for the year ended 31 January 2024
| 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
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Fairhealth
Trustees' report for the year ended 31 January 2024
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 Dr Gemma Ashwell resigned April 2023 Dr Dominic Patterson Dr Thomas Ratcliffe William Graham Marie Stout Dr Benjamin Jackson Dr Hareen De Silva Nicolas Nurden Charity number 1193223 Registered in England and Wales Registered and principal address Bankers 22a Church Lane Triodos Bank UK Ltd Bessacarr Deanery Road Doncaster Bristol DN4 6QB BS1 5AS
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 the trustees at a duly convened meeting.
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Fairhealth
Trustees' report (continued) for the year ended 31 January 2024
Objectives and activities
The charity's objects
The promotion of equality and diversity for the public benefit by:
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Working to actively confront individual, collective, institutional, and structural discrimination and prejudice that worsen health inequalities, including racism.
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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:
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Homeless patients
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Vulnerable migrants, asylum seekers and refugees
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Gypsies and Travellers
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LGBTQ+ patients
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Sex workers
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Working to improve health outcomes for these groups in any way that the charity trustees see fit, including but not limited to:
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health professionals' education
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research and academic activities
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advocacy
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support to policy development
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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 again focused on consolidation with our new Trustees 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 payments for the year were £4,847, including net payments of £4,415 on unrestricted funds and net payments of £432 on restricted funds.
Reserves policy
The charity's free reserves, at the year end were £19,111.
The trustees have not yet adopted a reserves policy.
Approved by the board of trustees on 8/7/24
Nick Nurden (Trustee)
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Fairhealth
Receipts and payments account for the year ended 31 January 2024
| Notes 2024 Unrestricted funds £ Receipts Donations 22 Commissioned work 1,500 Bank interest 101 Other income - Total receipts 1,623 Payments Facilitator fees - Volunteer reimbursement 79 Software fees 5,551 Bank charges 30 Accountancy 378 Trailblazer project expenses - Total payments 6,038 Net receipts / (payments) (4,415) Fund balances brought forward 23,526 Fund balances carried forward (2) 19,111 |
2024 Restricted funds £ - - - - - - - - - - 432 432 (432) 1,215 783 |
2024 Total funds £ 22 1,500 101 - 1,623 - 79 5,551 30 378 432 6,470 (4,847) 24,741 19,894 |
2023 Total funds £ 12 14,700 33 24 14,769 3,524 736 4,330 7 402 481 9,480 5,289 19,452 24,741 |
|---|---|---|---|
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Fairhealth
Statement of assets and liabilities
| as at 31 January 2024 2024 Unrestricted £ Cash funds Cash at bank 19,111 Total cash funds 19,111 Liabilities Accruals |
2024 Restricted £ 783 783 |
2024 Total £ 19,894 19,894 2024 £ 378 378 |
2023 Total £ 24,741 24,741 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 8/7/24
Nick Nurden (Trustee)
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Fairhealth
Notes to the accounts
for the year ended 31 January 2024
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.
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Fairhealth
Notes to the accounts continued
for the year ended 31 January 2024
| 2 Restricted funds Trailblazer fund Fund name Trailblazer fund |
Balance b/f Incoming Outgoing Transfers Balance c/f £ £ £ £ £ 1,215 - 432 - 783 1,215 - 432 - 783 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 year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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