CAMPAIGNS IN GLOBAL HEALTH FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL2025 CONTENTS AND CHARITY INFORMATION CONTENTS PAGE: Trustees Rcport Indendent Examillers Report Statem¢nt of Finallcial Activities Balance Shcet Statement of Flows Notes to the FinarLcial Siatements 7-10 TRUSTEES.. Mathew Oliver {Cbair) Adatn Savin Adam Jones Anindya Shartlla (appointed 6 April 2024) Baroness Alison Mary Suttie (appointed 6 April 2024) Sara Kate Alltrobus (appointed 6 April 2024) James Caiverly (appointed 6 April 2025) Kelly Mccain (appointed 6 April 2025) PRINCIPAL OFFICE: 59 Alex Wo(xl Road Calnbridge CB4 2EG CHARITY NUMBER: 1203996 coNANy NLTMBER: 032982 rNDEPENDENT EXAlWtNER'. laD Shipley FCCA For and on behalf of: Prentis & Co LLP 115¢ Milton Road Carnbridge CB4 IXE BANKERS.. Wise 6th Fl(KJr, TEA Building 56 Sboreditch High Stre¢t London El 6JJ
CAMPAIGNS IN GLOBAL HEALTH FINANCtAL STATEMENfs FOR THE YEAR ENDED 5TH APRIL 2025 TRUSTEES ANNUAL REPORT The tru51ees present tbeir annual report for CJwaigTL8 in Global Health for th¢ year ended 5th April 2025. The fin8nciaI 5taternents con]ply with the Charities Ad 2011 and Ac¢oulltiDg and Reporting by Charities.. Statement af R¢commended Practice applicable to charities preparing th¢ir accounts iti accordall with the Financial R¢porting Stalldard appli¢able in the UK and Republic of Ireland (FRS 102) (second elition) (effective l JaDuary 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT GOYERNJNG DOCUMEINT The Charity was esiablish¢d uttder a CIO- Foundatioll alld regi5t¢red &8 a chyrity on 17th July 2023. ORGLNISATION AND APP0IMNf OF TRUSTEES Th¢ (h'rectors of the compally are also charity trusttts for the purp(Trses of charity law. Under the requirements of th¢ Memorandum and Articles of Association the members of the Board of Trnsrees are electj to serN'e for a period of three years after which tbey may bE rel¢cted, for a ]naX1U of thre¢ t¢rnis unless by special r¢solution this is extended. All TNste¢ Directors give their time voluntanty and rtteive no benefit from the clwity. During the period of reporting there were six eMberS ¢)n the Board, selected for a range ofskiils pnd experieTr. We have identified fi]rther gaps in our rall¢e of cxpertise and will look to appoint two fiffther tsustees to rDitigate these gaps oyer the next year. This process will be undertaken by open advertiseInent or by individual rccommendation. All potential TrUSe Dir6dof5 wiu be intrrvieived by other mentsrs of the Board. RISK NL4NAGEMENT Our charity has i]npleellted a robust risk management framework to proadively identify, assess, and mitigate lelltial risks. In IiTL¢ with Charity Coullllission guideltties and relevant legislatiOL our Board of TNstees al managemerjt work collaboratively to ov¢r5ee strategic. fi)all¢ial. opcrationai, and repuiational risk factors. By the end of the r¢porting period, this included.. A determination to fvrther expand the trnSe tr%)ard to bring in individuals proven skills and expertis¢ ill key operntional do]nains' A risk register llnagEd aTLdTnaintailled across all our projects. A sign-ofEpro¢ess for ail new projects to ensure their aliw)meut with our charitable objectives from development to deployment and ongoing through delivery. TtLe implementation of robust'delegation of authorily measures to ensure the saft finan¢ial nernent of our projects. OBJECTtVES AND Acr[vITs Campaigns ill Global H¢alth conducts research and disserninates the usefjjl results of such reScah to the publsc throiiJo educatitrnal courses, webitiars, consultatiojjs. work-shops and reports. We also provide advice, suppor4 aDd rcsources, liais¢ atLd collaborate with charitie5 and other organisa(ion5 working in health in order to advance health andlor access to tthCare. ACHILVLMENTS, PERFORMANCE AND pufJLIC BENEFrr CaTnp&igThs in Global Health wi)rks to deliver public b¢nefit through the methods outlined aiy)vc. This rq)ortiJJg period covered our fll3t full of operation. We operate two projecls.. the Global Equalitv Caucu5. organitiOn dedicated to advancing the physical and mental hgalth and w¢llbeing of LGBT+ people, includittg throllgh enhanced Cc5S to IUV rare and prevention, and the Global TB CauGUS, organisation dedicated to ending TB worldwid¢. I'he reportin¥ period included the fErst few months of the Trurnp administratioTJ, Ivbich saw It)¢ effective Closure of USAID. This left significant ndID8 5horrfa115 in a nUber of countries ivith high burdens of 541V and I'B . Our projects helped unlock nearly USDSlbn in new health fJnallcAng from high burden govenllnents acro Afric4 a5 well as additional financing for devcloprnent from the Australian g(Trv¢rnmenL
CAMPAIGNS IN GLOBAL HEALTH PAGE 2 FINANCL4L STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025 TRUSTEES ANNUAL REPORT ... Icontinu The projects also helped &Ecure poli¢y ¢ht5 ID a number of countries with bigh burden$ of FLtV andlor TB, destgned to incrSe access to care for D]arginalÉs¢d and vuln¢rthle populations. As a Board. we are therefore s&tisfLed that our work IB CODtrburing to appropriate advancernent of our missio FtNANCIAL REVIEW AND RESERVES Unreqtricted reserves at the ¢nd of the vear were £37,510 (p'e 2024.. £27,828) which are also conSided free reserves. The trust¢e5 consider these leYel% satisfa¢tory. Restricted r&)erves Wfre U83,931 (ple 2024.. £nill which are to be exp¢nded per the detsily at note 6. The trustees review the level of rtseryes from time to tim¢ to ensure there ts a 5llfficient level to meet fvture and unexpeeted obligations such &s propety repairs, whilst ellsurij the continuance of the Clwity STATEMEKf OF TRUSTEES RESPONSIBILITIES The trustees are required by charÉty law to PTepare finaDoial 5ratements fr>r each year whi¢h give a Srne and fair view of the state of affatrs of the charity atsd of the su)plu5 or deficit of the chArity for that year. In preparing these fancial statements the llwtee5 are requwed to:. {a) Select suitable accountillg policies andthen apply them consistently., (b) Make judgements and estimates that aTe reasonable and pruden¢ Ic) Prepare the fDaDcial statetnents oll a golng conrn b&sis unless At is inapprnpriate to presume that th¢ Charity will continue in operatioll. (d) State whether the policies adoptrd are in aordanCe with the Cbaritie5 Act 2011 and with applicable accounting standards and statements of recommended prdcrice, subjectto ally materia] depamwe disclosed arLd expiaiTLed ill the financial statem¢ni5' (e) Ob5ervethe methods and principals of the C*arities SORP The trustEe5 are responsible for keepin¢F proper accounting rec4dS which disclose with reasonable aUr3¢Y at any time (he financial position of the ¢harity and to ensure th&tthe flliancial sl8temeDts comply with the Charities ACL The trustees are also reswnsible for safeguardmg the of the chariry and hence for t8kiJJg reasonable steps for the pr¢vention and detection of fraud and other irregu]ariti"es. The trustees confirm they have referred to the guidance contained ill the Charity Commi&ston's general guidatLce on publi¢ benefit when reviewing the charit$ aims atKI Objectiv alld in planning Mture aGtivitkes. ON BEHALF OF THE TRUSTEES Matthew Oliver Chair of TrSte¢S
CAMPAIGNS fN GLOBAL HEALTH PAGE 3 FINANCIAL STATErs FOR IHE YEAR EN'DED 5TH APRIL 2025 INDliPENt)ENT EXAMtNERS REPORT TO THE TRUSTEES OF CAMPAIGNS IN GLOBAL HEALTH CHAiitrABLE tNCORPORATED ORGLNISATION (ThE CIO,) I report w the cl)arity trustee5 on my exaTlliUation of the accoutts of the CIO for the year ended 5th April 2025 which are sel Out on page5 4 to 10. RESPONSIBILIT BASIS OF REPORT As th¢ charity trugtees of the CIO you atE resFKmsible for th¢ prepar10 of the accounts in accordan¢e with th¢ Tequirem¢nts of the Charities Act 2011 Cthe Art). I report ill respect of my examination of the CI(Ys accounts rIed out under section 145 of the 2011 Aet and in cryg out my examination I bave followed all the applkcable DArectiODS given by thc Charity Commi&sion under seciion 145(5Kb) of the ACL INDEPENDBKf EXAMINER'S STATEMENT Since the Charl5 gross income excttd¢d 50.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirn] that l am qualified to undertlke the exarnination bUse l arn a member of The A5$0ciation of Charwed C¢rtified Accotartts whicEL is one of the listed bodies. I havc compl¢t¢d my examination. I confinn that no rnater1 mauers have come to my attention in cozm¢rtion with the ex8miThation giving me Gause to be]ieve tIt in an)" mat¢rial resw. l. accounting records were not kept in respeci of the CIO as r¢quired by section 130 of the Act. or 2. the a¢¢oullts do not accord with those [Ords,. or 3. the acwunts do not comply with the applicable Tequirements concerning the fonu and conleTht of the aGGounts set out in th¢ cIleS (Awbunis and Repons) Regulations 2008 other than any requirement that the accounts give a In]e and fairf vi¢w which Is not a nmtter consider¢d as part of an ind¢pendeni examination. I have no concerns and have come acr055 llo other matt¢rs in connectAon with the examinatiojk to which attentio should be drawn in this report to enable a proper understanding of the aCconts to be reached. ILN SHIPLEY FCCA FOR ON BEHALF OF: PRENIIS & CO LLP CHARTERID ACCOLNfANrs & INDEPENDENT EXAMINERS 115¢ Milton Road Cambridse CB4 IXE oJL-~
CAMPAIGNS IN GLOBAL HEALTH PAGE 4 FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025 STATEMENT OF FINANCJAL ACTIVITIES Unrestricted Funds 2025 Restricted FurLds 2025 Unrestricted Restricted Funds Funds 2024 2024 Totsl 2025 Notes 2024 COME Grants received Dtsllations received Interest receivable- (investment incorn¢) 13,6X2 8,708 1213 940.311 953.993 8.708 1,213 31,024 545 22 23,072 54.096 545 TOTAL INCOME 23,003 940,311 963,914 31,591 54,663 Expf,.NDITURF, Cburitable activiues 13.921 556,380 570.301 3,763 3.763 23.072 26,835 26,835 TO'I'AL EXPLNDITURE 13,921 556,380 570,301 23,072 NET CoME FOR THE YEARIPERIOD 9.682 383,931 393,613 27,828 27.828 RECONCILIATION OF FUNDS Total fund balallce brought fonvard Total fuDd balaoce carried forward 27,82X 27,828 421,441 37,510 383,931 27.828 27,828 The StutemerAt of F1claI Activities includes all gains aod losses recognised in the year. All income amd expenditure derive from c(Jntinuing activities. The notes on Pd¥es 7 to 10 fortn part of these fJnanciaI statements.
CAMPAIGNS GLOBAL HEALTH PAGE 5 FINANCIAL STAT£EN[s FOR THE YEAR ENDED 5TH APRIL 2025 BALANCE SHEET 2025 2024 Notes CURRENT ASSETS Cas,4 at bank 439.104 30,603 LIABtLtrEES Creditor5.' Due wtthin one y¢ar (17.663) (2,775) NET CURRENF ASSETS 421,441 27,828 27,828 TOTAL Nwf ASSETS 421.441 THE FUNDS OF THE CHARITY gtrict¢d fjjnds Unrestricied fidS 383,931 37,510 27,828 TOTAL CHAIUTY FUNDS 421,441 27,828 The fthancial ststements were approved by the trustees on O I /1, /Ls Matthew Oliver Chair of Trustee5 Th¢ notes on pages 7 to 10 fonn part of these fmattcial Stateettts.
CAMPAIGNS tN GLOBAL HEALTH PAGE 6 FINANCLIL STATEMEFrtS FOR THE YEAR ENDED 5TH APRIL 2025 STATEMENT OF CASH FLOWS 2025 2024 Note Cash flows from operatlnE activit1. Net cash provided by operating actiyilies io 407,288 30,581 Cash tIow5 from investing Activitie5: Interest received 1,213 22 Net ca5EL provided by investing activities 1.213 22 Change in rash and cash ¢quivalents in the year Cash attd cash equivalents brought forwd Ch and thsh equiYal¢nts carried forward 408,501 30,603 30,603 439,104 30.603
CAMPAIGNS IN GLOBAL HEALTH PAGE 7 FINANCIAL STATEMENTS FOR THE YEAR ENDED 5Th APRIL 2025 NOTES TO THE FfNANCIAL STATEMENrs ACCOUNrtNG POLICIES (a) BASIS OF PREPAIIATtON OF FtNANCtAL STATEMENTS The fiThancial ststcments have b¢en prepared under the historical cost ¢onventioTh Mryth item5 fBcDgnised at cost or transaction V8lue unless othetwise 51ated in the relevant notes to these fmanci81 statements. The fancIal statements have Ixen prepared in accoTdance Thith thE Statemu)t of RecomTllellded Pra¢¢ice'. Accounting and REporting by Chatiiies preparing their ac¢ouDts in accordance with the Financial Reporting Standard applicable ID th¢ Unkied Kingdom and R¢public of Ir¢lond (FRS 1021 (second edition} (effective l January. 2019) and the Financial REPOrting Standard applicable in the United Kingdom and R¢public of Ireland (FRS 102) pDd the Charities Act 2011. The trus*¢s Gonsider there are no Jnal¢rial uncertainties about th¢ charitys ability lo c4)ntinue as a going ¢oncern. The presentation currency of the finan¢ial sMem¢nts is the Pound Sterling (£). (b) COmE tncome represents the an]OUDt derivcd from the charitys ordinary activities. Income is recognised in the PEriod in which the charity ts entitled rKeipl and the amount can b¢ eaSured with reasonable c¢rtainty. No illcome is stated net of any associated expenditure. Grants are included in the Statement of Financial Artiviti&g on 7¢ r¢¢eivable basis. The balanc¢ of iDcotne received for specific purpos but not expended during the period is Sho in the relewit fund on the balance 5heeL Where in¢ome is received tn advance of entitlement of receipL it5 recognition is deferred and included in crediiors as def¢rTrd income. Where entitl¢Tnettt occurs before income 15 received, the income is accrued. Donaiioll5 aTe Also recoguised on a re1¥#b]C basis. As the Charity is not Ter4)gnised by HM Revenue & Customs for Gift Aid, no such claims are madE to recover incojne t&x. Incon]e rECoveb]e in relation to itLYesbnent incom¢ is reCogniS 81 the time the invesknent ith¢ome is receivable. (c) EXPENDITURE All expendiiure is accounted for on an amals basis. Charltable expenditure cOMpriS those costs illcutTed by the charity ID the delivery of its activities and seryices to benefjciarie5. Governanc¢ costs include costs associated with meeting the constitutional and statutory rtquirements of the cbarity aDd are part of the clmrity's activities. ExrKnditure is a]located to expeLse headings OD a dir¢ct cosi basis. 2a. INCOME FROM GRAKrs YEAR ENDED 5TH APRIL 2025 Unrestricted Restricted 2025 2Q25 Total 2025 FCDO wts rec¢ived The Global Fund to Fight Aids Viiv HEalthcare Dutch Minister of Foreign Affairs L'niEd Nation) Ot5¢e for Projects Bill & Mi elinda Gates Foundation Gilead Scienres InG. Agoro, Olayemi Grittdr LLC 139,960 84,737 80,000 14,728 60,533 502,990 57,363 139.960 84.737 80,000 14.728 60,533 502,990 57,363 5,977 7,705 953,993 5.977 7,705 13,682 940,311
CAMPAIGNS IN GLOBAL HEALTH PAGE FINANCIAL STATEMENfs FOR THE YEAR ENDED 5TH APRIL 2025 NOTES TO THE FINANCIAL STATEN[s 2b. INCOME FROM GRANrs PERIOD ENI)ED 5TH APRIL 2024 Unrestricted Restticted 2024 2024 Total 2024 FCIK) Erants received The Global Fulld to Fight Aids Centrual PAS AO The Project for Modern Democrdcy 23,072 23,072 3,142 7,981 19,901 3.142 7,981 19,901 31.024 23,072 54.096 3a. &KPENDITURE ON CHARITABLE ACTIVITtES YEAR ENDED 5TH APRIL 2025 UJrestrlCted Restricted 2025 2025 Total 2025 Consultancy fees Wages and salaries costs (note 6) SoftHrre aTLd tT SUbriptIOnS CoJJferen¢e fees Trdvelling BaDk charges F(Freign exchange losses Independent E]natIOn (goVernCe) Printing, postsge and advertising Sundry expeTs ' 305,736 37,767 305,736 37.767 4,688 18,001 194,617 2,472 259 1.200 1,877 3,684 4,688 18,001 194,617 2,472 259 1,200 1,877 3,684 13,921 556,380 570,301 ** During the 2024125 financia] year. the Charity subject to fraudlent transactions being t8Jten fro one olth¢ Charitys bank ac¢ounts. The lljajority of fimd5 wer¢ reimbutsed but the sum above reflects Ihe arnouuts not due to be receiv¢d. 3b. EXPENDITURE ON CHARITABLE ACTtvrnES YEAR ENDED 5TH APRIL 2024 Unrestricted Re&tricted 2024 2024 Total 2024 Consultancy fees Wages and salaries costs (note 6) Stsftwa and IT subscriptions Conference l¢e5 Travelling Bank charges Foreig exchange losses Independent Examination (goYerdnc¢) 16,214 6.806 16,214 6,806 208 200 2259 157 91 900 208 200 2,259 157 39 900 52 3,763 23,072 26,835 CASH AT BANK 2025 2024 Campaigns in Global Health ICGH) ac¢ounts Global Eqttality Cauc25 (GEC) accounts Global TB Caucas (GIDC) accounts 26,571 91,069 321,464 439,104 13,590 17,013 30.603 CGH took over the hosting of GEC during the finamcial pcriod
CAMPAIGNS tN GLOBAL HEALTH PAGB9 FINANCIAL STATEMENfs FOR THE YEAR ENDED 5TH APRIL 2025 NOTES TO THE FINANCIAL STATEMEKrs CREDrroRS 2025 2024 Independent Examination aUal Social security and other t&x&8 Other creditors and accruals 1,200 1.322 15.141 900 1,875 17,663 2,775 6a. ACCUMULATED FUNDS YEAR ENDED 5TH APRtL 2025 Balance at 6th April 2024 Balance at 5th April 2025 Inc0e Expenditure Restricied fiJnd5 FCDO grants reeeived The Global Fund io Fi1 Aids Viiv Healthcar¢ Dutch Minister of Foreigti Affairs United Nations Office for Projects Bill & Melinda Gates Foundatiott Gilead S¢ience5 tnc. 139,960 (113,822) 34.737 (63.497) 80,000 (60,000) 14,728 (14,728) 60.533 (60,533) 502,990 (215,11 S) 287,872 57,363 (28,682) 28,681 940,311 (556,380) 383,931 23,603 (13,921) 37,510 963,914 (570,301) 421,441 26,138 21,240 20,000 Total Restricted Ojnds Ullr¢8tricted fund5 27,828 27,828 TOTAL FUNDS 6b. ACCUfvIULATED FUNDS PERIOD ENDED 5TH APRIL 2024 Balan¢e at 17th July 2023 BalaThce at 5th April 2024 Income EXndItjre Restricted fund5 FCDO received 23.072 (23,072) (23,072} (3,763) {26,835) Total Restrictrd fimds 23,072 31,591 Unrestrieted funds 27,828 TOTAL FUNDS 54,663 27,828 Restricted Funds FCDO wt (Forc]g CommonHealth & Development oifi¢e): These fLwds are to be used to advaD the bealth and wellbeillg of LGBT". peoplc in tow and nhiddle inc4)me coulltries. The Cylobal Fid to Fight Aid: to help defeat Htv, TB and Malaria and ensurc a healthier, safer and more equitabl¢ tUre for all. Vllv Healthcare.. to SUPFY)rt work ensuring Htv prevention reJnain5 a public health priority thTough l¢gislative cngag¢ment in Europe alld tatin Americ& Dutch Minister of Foreign Affairs.. supporting the strengtheniiig in the protection, agency and capabilities of GrL%sr(K)ts and Wottlell Human Ri8hts Defenders in South Afric4 With a particular focus on health. Ullited Nation OfficB for Projtcts.. to advance TB prevention and w¢. Identifyin& mitRgating and oveTCOtning human rights and gender-relatcd barriers to TB services and prOg[ns. Bilk & Melinda Gates Foundation.. to fi]rtILer support th¢ prevention of global TB. Gilead Sciellces Inc: to assisf with finding ways to end the I.ItV epidemic.
CAMPAIGNS IN GLOBAL HEALTH PAGE 10 nNANCIAL STATEMENfs FOR THE YEAR ENDED 5TH APRIL 2025 NOTES TO THE FtYJkNCtAL STATEMwrs STAFF COSTS 2025 2024 Wages and salaries Social Sea]rity cosfs Pension costs 36,667 6,667 ,ioo 37,767 139 6,806 Social Security costs are fiY covered by the employm1 allovanc¢ for the yearlperiod above. The average number of employees dwing the year w&q l (2024: 1). Outstanding liabilities at 5th April 2025 were £1,322 du¢ to HM Rev¢llue and Custon]s and £Nil to the pensions provider. (2024: £1,551 HMRC, £324 peDSiOtLs). FINLNCIAL COMMITMENrs No financial or other future comlljitments were identified at 5th April 2025. (2024: Nil) RELATED PARTY TRANSACTIONS The trustees consider they are the key manag¢mettt and are not remunerdted. Only expenses were reirnbursed during the year fortravel or other charitable athivity relatrd expendilurE. 10. RECON'CILATION OF NET MOVEMENf IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net movEmeDt Kn fimds Deduct interest received Increase in creditors 393,613 (12131 14,888 27,828 (22) 2,775 407.288 30,581