GLOBAL ALLIANCE FOR LIVESTOCK VETERINARY MEDICINES

Charity number: 1115606
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

GALVmed fosters ground breaking partnerships on a global scale between animal health industry and other organisations. Our aim is to promote the development of accessible and affordable animal vaccines and other animal health products for the poorest farmers in developing countries.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£9,620,053

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Donations and legacies £0
Charitable activities £9.08m
Other trading activities £0
Investments £541.57k
Other £0

Total expenditure:
£10,278,111

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Raising funds £0
Charitable activities £9.92m
Other £355.66k

£0 investments gains (losses)

Total income includes £1,887,960 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £355.66k
Charitable expenditure £9.92m

People

27 Employee(s)

8 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£70k to £80k 2
£80k to £90k 2
£150k to £200k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • The Prevention Or Relief Of Poverty
  • Animals
  • Economic/community Development/employment
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Bangladesh
  • Benin
  • Botswana
  • Burkina Faso
  • Cameroon
  • Chad
  • Congo (Democratic Republic)
  • Ethiopia
  • Ghana
  • India
  • Ivory Coast
  • Kenya
  • Malawi
  • Mali
  • Mozambique
  • Nepal
  • Nigeria
  • Rwanda
  • Senegal
  • South Africa
  • South Sudan
  • Tanzania
  • The Gambia
  • Togo
  • Uganda
  • Zambia
  • Zimbabwe

Governance

Registration history:
  • 28 July 2006: Standard registration
Organisation type:
Charitable company
Other names:
  • GALV (Working name)
  • GLOBAL ALLIANCE FOR LIVESTOCK VACCINES (Previous name)
Company number:
05393391 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Philip Thornton Trustee 12 September 2023
None on record
Professor Cheikh Ly Trustee 12 September 2023
None on record
Dr Henry Matukho Wamwayi Trustee 14 September 2021
None on record
Dr Fabian Martin Kausche Trustee 15 September 2020
None on record
Dr Alice Hope Banga Trustee 15 September 2020
None on record
Shraman Jha Trustee 17 September 2019
None on record
Dr Junaidu Maina Trustee 17 September 2019
None on record
Dr Isabelle Dieuzy-Labaye Trustee 20 September 2018
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £12.36m £16.93m £13.36m £13.09m £9.62m
Total expenditure £11.42m £11.19m £11.55m £11.10m £10.28m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.75m £2.44m £1.41m £1.05m £1.89m
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £12.16m £16.91m £13.36m £11.77m £9.08m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £199.84k £13.78k £5.64k £362.59k £541.57k
Income - Other £0 £0 £0 £958.08k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £11.42m £11.19m £11.55m £11.10m £9.92m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £86.28k £3.76k £49.07k £130.54k £129.34k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £355.66k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £86.78k £61.97k £31.66k £15.24k £38.76k
Long-term investments £0 £0 £0 £0 £0
Other assets £10.74m £14.70m £17.51m £19.79m £18.31m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £932.69k £765.10k £1.01m £1.28m £481.19k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 04 December 2024 On Time
Accounts and TAR 31 March 2024 04 December 2024 On Time Download Open in new window
Annual return 31 March 2023 20 December 2023 On Time
Accounts and TAR 31 March 2023 20 December 2023 On Time Download Open in new window
Annual return 31 March 2022 27 January 2023 On Time
Accounts and TAR 31 March 2022 27 January 2023 On Time Download Open in new window
Annual return 31 March 2021 23 January 2022 On Time
Accounts and TAR 31 March 2021 23 January 2022 On Time Download Open in new window
Annual return 31 March 2020 27 January 2021 On Time
Accounts and TAR 31 March 2020 27 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 15 MARCH 2005 AMENDED BY SPECIAL RESOLUTIONS DATED 3 JULY 2006 AND 27 OCTOBER 2006 as amended on 12 Sep 2023

Charitable objects

1 TO RELIEVE FINANCIAL HARDSHIP AND PROMOTE GOOD HEALTH (INCLUDING IMPROVING FOOD SECURITY) AMONGST LIVESTOCK KEEPERS IN DEVELOPING COUNTRIES THROUGH THE PROMOTION OF AFFORDABLE VACCINES, PHARMACEUTICALS AND DIAGNOSTIC PRODUCTS AND SERVICES AIMED AT IMPROVING THE HEALTH OF THEIR LIVESTOCK; AND 2 TO PROMOTE THE EFFECTIVE USE OF RESOURCES TO ACHIEVE THE ABOVE CHARITABLE PURPOSES THROUGH THE IDENTIFICATION, MANAGEMENT, FUNDING AND CO-ORDINATION OF: A) RESEARCH INTO LIVESTOCK VACCINES, PHARMACEUTICALS AND DIAGNOSTIC PRODUCTS AND SERVICES; AND B) THE DEVELOPMENT AND DELIVERY OF THOSE PRODUCTS AND SERVICES AT AFFORDABLE PRICES, BY WORKING IN PARTNERSHIP WITH OTHERS (WHETHER CHARITIES, GOVERNMENT OR PRIVATE BODIES OR INSTITUTIONS). FOOD SECURITY IS DEFINED BY THE UNITED NATIONS' FOOD AND AGRICULTURE ORGANISATION AS EXISTING WHEN ALL PEOPLE AT ALL TIMES, HAVE PHYSICAL AND ECONOMIC ACCESS TO SUFFICIENT, SAFE AND NUTRITIOUS FOOD TO MEET THEIR DIETARY NEEDS AND FOOD PREFERENCES FOR AN ACTIVE AND HEALTHY LIFE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNDEFINED. IN PRACTICE, OVERSEAS.

Contact information

Address:
GALVMED
DOHERTY BUILDING
PENTLANDS SCIENCE PARK
BUSH LOAN
EDINBURGH
SCOTLAND
Phone:
01314456264
Email:
info@galvmed.org
Website:

www.galvmed.org Open in new window