How Nuffield Health works
Nuffield Health is a registered charity and a company limited by guarantee without share capital. We must behave like a charity, and adhere to charitable purposes, but can trade like a normal company. Our charitable status is a guarantee that any operating surpluses are reinvested for the improvement of services rather than being removed from the company as dividends and that the assets of the Trust may only ever be used for charitable purposes consistent with the wishes of the founders. Nuffield Health has a special dispensation from Companies House allowing us to avoid appending the "Ltd" generally used.
Nuffield Health's strategy is determined by the Board of Governors, who are both directors of the Company and the Trustees of the Charity. The Governors delegate day to day executive authority to the Group Chief Executive, and Nuffield Health also has unpaid non-executive Members, comprised of individuals who played a significant role in the development of Nuffield Health or in healthcare generally and who hold the Board to account at each Annual General Meeting.
Registered charity (England) number 205533