REGIsfERFD CHARttY NUM8EIL. 1016118 REPORT OF THE TRiisfEES AND FIIIANCIAL $rATerrS FOR THE YEAR &4DED 31 DECBER 2015 FOR THE EUROPEAN FEDERAoN OF SOaErres FOR ULTRASOUND IN MEDICINE A14D BIOLOGY Hartley Fovler LLP Chirterej Accwntsnts 4th Tuiuon Ho 27-37 St Georges Ro Wwnbkdon Lorxlon SW19 4EU
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND It4 MEDICINE AND BIOLOGY coKrEpifs OF THE FINANCIAL sfATEMEtffS FOR THE YEAR ENDED 31 DECEMBER 2025 R•port rfthe Trustees 1 10 8 In¢*andert EmInI$ Report stJtsm•nt of Hnanclol Actlyltl LO B•lanc• Shoet li Nrt•i to tlw Ananclal St•t•M¢nts 12 to 18 Drtalled Statsm•rt of Finnndlll Artlvltl 19 to 20
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2025 trL6tees present tr rwort wlth finarKL41 slatents cl the charily f(x the year ended 31 DeCeMr 2025. The trustees e adooed the wowsv)ns of AcntiJ and Reporting ty OkidtÈs.' Statement of RKcnTrnded Pral applicab to clkrythles preparfng their accourts In Cordae wth the FhaTral ReFQrtkng StsThJard applrijbk In the UK and Republlc of Ireland (FRS 1021 leffert l Janry 2019). OBJECTIES AND ACEs Obiectsve5 and alms EFSUMBS obfrthyes are to.. - prcffirkn the scEKe, resea a1 devekIpnnt of In Mgjldne Bblojy aTrJ to NJblLsh the re9Jts cl research to propose stsndards aThJ to glve adwce concemltvj criterfa lor e4ulpmw* and technlque5 and dlnkal apF4kaUons - to arrange cong$Se5 and stLK1y and devek)pmert mthgs cn Internatial l&el b)th In ord outsbje Europe meMtr organlsatk)ns, I1[n9 cwanlsirrfj, In ctroperatlon with a Iwl Ccmrnittee, a European or Worfd Congrt45 ur(raxJUr kn kne and &oloJy IWFUMB) . to rk organIsaonS wth shared obkclves to harmM&e ouldellnes and to fc6ter a ch)ser ati)ShIp alm&J at PTOrnOtlrvJ the best of 8UCat In tra%nd across the european community - to present the IntSts of ts mbershiP In WFUMB and In any other lrtemaULThI oryarkntbn whose pSe5 are CoStent wbth of EFSUMB. Publlc bon•fit The tru5tee5 hasr vlth the duty In SOn 17 of the Qwrltbes Art 2011 to have regard to P1C tserf( gUan wblSshed by Charlues CunrfS40n.
ThE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOVND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 311)ECEMBER 2025 AQIIEVEMEf4TS AND PERFORMANCE Re5eJrch actlvltles l. Uwjate EFSUMB GuidelirE5 and RecommendatioT ftr the alrtC31 Practre of ra-Enhanced Utrasound ICEUSI in NortrHepJUc Applicat40 pblIshed 2017 2, Fusbn 1rn09lng 3, MUbtiparat uthUnd - Breast In luntt19n wf(h WFUMB fc4hxirq PaFers are submthl frx publKaihJn rK w¢xk In progress In 2026.. I, mbpOrarVth utraUnd Sm1 Parts IThyrokJ ltsvo pats), T5) 2. Polnt of ca utra5TrY IFIXUSI for Prfmary Care Users 3. Currlculum f Sonografftrs 4. Mejical Uay)url Currfculijm fcx stlents 5. Point (rf ca Ultrasound Ernergertcy Medklne 6.Llve scann& at ExhIOn$ Pollcy DUMt Gukldlnes & RecomentsUons- avernge 106,584 vlts per morth Top vllts In thls seth)n I. EFSUMB 8asSc iMtra9)urnl Ctye Currlculum for frontllne physiaans wng In primary care 2025 2. EFSUMB Olnlcal Practice Guldelines for POInt-Care UltrayJuThJ.. Part (Ccmnv)n Heart Pulmontty Appllcabmsl 2022 3. Guidellnes aThJ Go)J Clintal PraLfj Recommendayons fcf Contrast Enk0& ultra9d {CEUSI In the Lfver Update 2020- WFUM8 In cperatIf wlth EFSUMB, AFSUMB, AIUM, FLAL15 4. EFSUMB Techrtcal Revlew - Update 2023.. tnamt Ccfitrast-Enhanod ultra93d {DCE-CEUSI for the Quanttikatl¢ of Tumor Perfushjn 2023 5. Fad and Neck Utra50und - EFSUM6 TrahlTrJ RecoMmeatk]n5 fcf aLle of M&Jkal Ultra9)und kn Eurcye 2022 Salety Stennts in US Safety Dots - av&age 43002 per TTr)nth Tcp Vlts In thls sectn l. The use cl ultrasound for cosrnetic cf aeSthC b(&4y thaplng12024J 2. RetomnnthtkJns and Informats)n rrfU1at a5PECts rel&oa to ihe use of han&Id utra5(MMd devtes [revlsed 20211 3. rtppler UraSaund devtes. Safety Aspects- Iupjate 20221
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR ThE YEAR ENDED 31 DECEMBER 2025 4. EFSUMB ReCoMmendatNJr on NonWedi(Rl of ImagSng ultra1 tLast rewsH)n 20211 5. ReCCffimati0ns InlomwtDn regukthry a5Focts related to the use of ttand-Id devkes [Sed 20211 6. Therrnal & mech[cal [Trths- An Ewanabon Iutxlate 20221 7. PrKtice recommendaOnS fcf cleaning dInfect5 of tran9Jur5 whikt malntainirrfJ tr&ller Integty12021] Safety Crynffllttee has a resentatiVe in WFUMB been involved In drawl to a COndlon harmon&tion safety guideli5 between the Internatial Federatio1. Courses aTrJ CorrfJres5es was no coTrJress In 2025 as EFSUMB moves to ble111 emjresses lattematlw4 wlth WFUMB) bJt the Student Ultrasound CwJress took plKe In [lIn, Gemiany 4 - 6 September 2025. 113 students and 1st ana 2nd year residents pined EFSLJMBS flr5t sta}t SUMnr Schwl hd<J at the Hctsl Aqu5 In Bertln, The xlKx)I was organlsed by the EFSUMB Stlent thrmlttee aTrJ k)cal Crman tut(Ks Ylith the help of caroli Ewertsen, Christ'ari Jenssen and Allna Popescu l¢xal Campus Academy wlth a pr<NJramme of lectures, INe demoltraonS by experts, and harMIs tralnlry fv the papants. Tha to the genou5 support of indu#ry Bracco, Canon, Fullfllm, GE, Mlndrayi Sarnsur4J, Sn5, sc$¢8Pe and th were 24 mathSnes {indudlrvJ sorne handheld US de¥1) to engjre eroJ9h tlme each partldpant to UTKler the superv15k)n of the knwer5 and tuth. BIOJS the Falk Foundation also provided rt&1ecl suppcrt for the It Is plann8J to ooanlse a Sthl ajaln In Septwrter 2027 In Romanla. The nexi EUROSON cororess wlll lake plao kn Lublln, PolaTrJ 11 - 14 June wf(h a Stent Cowress stsrtlng on 10 June for two rkn, Al of ttE Eur¢% SCIls prrxeed&J as klanned vllth tos ranglry from u5, Mu5cUI)e1, Paedlatrtc CEUS, GasiroSnteinal UltrU1, and Polnt of Care Utrasound. Eor5ed Course5 Preded as pbnned offerfNJ speaalist edLKatlon In head and neck ultrasound. neonatal ullrasound and interventKJnal Qdaver Course. I commlttee tIng5 contlnue to be helj cdlne eXpt when a Cong5$ S tskhg pl. A hybrtd EXB meet5rg took PL at the S[lent Summtt Schcnl. Onllne EdUCaon EFSUMB conllnws to offer UcatI)nal weblnars. The tr)thtKJn of Contrast EnlK4nced UItrwU weblnars hth support frum Brm) cOnUed with 2 f¢xuYNJ on European research wth contrIbUc5 frryn dorlors SI1 Chinese researth devekprnents. A new serks d CEi£ COU was laurKthed featurtng ore Chlnese al cfie European speaker In each webinar on a sFecfflc toplc sharfro irtematbrkil per5FeLttves. The onllne reccdlngs attract a bt of irteresL LIVER DAY.. Inwt of CEUS Mi lTrr le51on dk19r and In lF0C InteeTrCfjar proce¢)Jres- 25th March 2025 o Aiiendee5- 267 o Regi*ants- 928- for the hyhole LIVER DAY o lIeree$ attended for Longer tINin 20 mlwte5 (qlIfyIng for &teThjae fiCate) - 201 o PrentatI]n5 viewed- 8,612 on YTUbe LIVER DAY.. Athan Lr Ultra)und - 25th March 2025 o Attendees. 3 o Reglstrants- 928- for the wh)le LIVER DAY o Attent5 th atteThled for loroer than 20 mlnutes (qual[) for aeTharKe rt1ftCate)- 318 o Prtat)I vlewed- 11.428 on YouTube US Webiror.. Pak7triC u5- 14th April 2025 o Atiendees. 2( o Registrants- 395
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR EMDED 31 DECEMBER 2025 o Attendees vtho attended for k)nger than 20 miNtes [411[n9 for attendan rUfiCate)- 171 o Prentation5 vwe(1- 4,287 on YOUT CEUS WeLYrkir; Rde c¢ s In Bwst Imaglng- 26th Je 202S o AtteTrJees- 171 o Regi5trants- 396 o Attenckes who attended for longer tNin 20 mlnutes Iqwlifying for &teTrJarKe rrKe}- 154 o ntat)n5 vlthEd - I,C#)9 cfi YtrJT CEUS Weblnar.. CEUS Sn GyWlcy- 23 Septern 2025 o Attertes- 201 o Reglsirants. 298 o AtteNJees 0 attended f k)nr than 20 NieS (quallfylThJ for attendarKe rfICate1- 175 o Pfentatk)ns ¥wed- on YouTube 3,971 CEI)5 Webinar.. CEUS In Thyrtyd Assessment- 28th Cttober 2025 o Attendees- 161 o Reglstrants- 391 o Aiiendees th) atteed for I0er than 20 ffdnutes {qualifying for tten cwdficate). 128 o prentaI)n$ vlewed - Not Onlne yet Coopwatkffj wth Internab)nal oryanl53Uon5 and The co)Feratlon reEnt wlth European ScKiety cl Radcgy has teen rertwed and a nt ESRIEF9JMB UY(rasound fctused se55KJn was held in 2025 wNch wa5 wdl ESR & ccrtsiderfng an Ultrax)wd DlpkThi to whlch EFSUMB hopirrfj to be Invlted to conlrfbute to the curdculum. Tre agreernert wlth Urlted EvoFean Ga5trcenteroW b tdrrfj renerted fdlwrrfJ anOtr 5CeSsfvI Utraxjund Learning Area at UEG Week which has aitratted more attendees than In past years to the Lecture rÈs folh)wed by hand5.on 5e5sbng wh machlne5 loaned by Itustry. The IBD COLrse met wth overwhelring Inte5t. Alt)h the last y of rhe cojS Is traditKnalty less well atterthd, we We able to set a ULA vlsbtor cOrd with the IBD 1 150 ats IalPIed, and durlng the bkS and when the conference venue at Bertin Messe almost emptied al 3..30 p.m., the most enthusiastic particlpants COLAd not be tom away frorn the ultrasouThl m8kNnes and slmubtors. EFSUMB Is also Involved In the ueG utra50und surnrrr 9thLJ)I overWbnW. ESNCH pdeS ses5Dns Im neurox)nol¢)Jy aThJ this 11 tske at EUROSQN 2026 EFSUM8 wlll send a weaker the ESNCH Cor0SS In Athens In Noverntrer. The objective Is to ctsthlnaie research gui(llnes and prornce each Organ&adc, &tivib'es at congres EFSVMB cortInS to CfK•FerJts by sharlrrfj informotlon on EFSUMB activltles th IStry partners to erKourage finandal yJpp)rt of weblnars, congresses arhj hl5. An Indu5trLIl P•)ard meets.ng wlth Ilury representauves takes durtrg the corKJrES5 onllne meeting5 as necessary The EWMB Newthr i5 wblied in eKh Iue of UIMIEJU {sSx PEr yearl th Inforrnakn on EFWMB act% Tr Publicath)n Ccfnrnthe J¢umal aub T£reNes eortrlbufpJr6 on rery txjblished atticles which are and rec0rnrneed as reVarnt to rnembeys. eNewetter5 a eMald ¢Jp to fthjr times a year to alert members to alrnt acUvitie5 and review past events. EFSUMB webte &MB ebe conbryJe5 to see Increasej visitor numbws wth a m[[h average cf 214,962 vsfjcrfs, approximatety 6.4% iruease on the previous quarter &attICS. In 2025 tIE EFSUM8 GuIlIneS arKJ RecomrnendathY6 is t1 mosi vthyed area of the wetste folknwed by the Weblnar ArchNe. Tre fiedy downloadable EFSUNB Ultra50und BorA fdlows 1th increa5iThJ intrest on the prevk)us #astIcs.. Irdividwl rnernber4 which nUrnd 261 n 2025, Yg up to access the %webslte and benefit from cong$ registratk)n reducijons. Lifferent rates are offered for student *mtehlP arxl h)W-income cujnthes akJrv4 a dwourt for S-year rnemberthip.
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2025 ReguLsr stst7(al anatysis Is Condurted to understalld the inter&s of EFSLJM8 webgte user& Thls InfonaOn erKwrages EFSUMB to mbke these areas a priority. The rllain vlsltor traffic is from Thlna fdtowed by the Unlt8J Stste5 of Amerfca folhThd by 11, gngapvre, ItsW, &miany, PoLind aTrJ the LIL lal mejia is being ublid: FA800K Pitst engagement is up by 31.6% th& quarter Our weewy tota reach Is up to 561% Tweets ccffldryje to te publlsld dally ILLSt like the page. Contert is a stwnllned vetsb)n of FabTr)k entrles due to character limlt. T p(]pukrity is up ty 91.4% LINKEDIN Our popularlty raUrrfJ on Lthkedln has Increas&J by 115.2¢10 over the last 4 months w"r(h pc6t ImpresJrs kncreaslng over 398.6% - we are wldeniry our conLtIc with over 6037 and galnlng mL¥e d a fe41rMlry. Our conient Is teiNJ thared futhr Kr(6s the nerk as wr cOnlleL1b)r wbjen. InagTrM We have mbje great progress wth Irstagram over p3st 4 months wlth fflany peole fc4lng, Ilknn9 sharlrvJ Olf p)sts wortdwk. We In tum ore tharlng ow affl113te partnershlp posts so we are all helplng eath other kn make a oreater Impact. FINANCIAL REVIEW FIMnC1 Toial IrKorrE wa5 £211,016 12024.. £198,285) Jnd totsl expETrJiture was £179,052 (2024.. £170,343). Net galns on Inve5tsnents were É12,49812024: £6,835). In 2025 EFSLIM8 Incurrej a surplus of £44,4621£34,777 In 20241. Memtershlp at the end of 2025 totalled 18,252 th the frcffi the 28 NatNywl ScletIes (Greece yitvj for 2024 In 20251 of Ihe 2024 rremter5hip fees), the Swls5 ScKiety Itctal 6631 whlch ks an Affillate SIety and Indlvhjual memtrershlp accourting ftr 261. The &Jard ol Dekgates dgreed to walve the fees for the Ukralnian Sodety for 2025 a will conunue to th) so for the foreseeawe futu. The Ru55ban Federadcfs Ls hc4th.ro a tolal of 26,536 euro l) back paymerts untyl 9Jch time as banklrg re5triCtk)l are Ilfted. EFSUM6 to Pro1)te SCIOIs cou OnItr for a 9mall fee cosr the cc6ts of pTOn¥)ti on thal rnedia and the website and offerirrfJ rlIcateS of attendan. EFSUM8 is •Jlusting to redwed income ty encouragiro rw Nauonal Scrietie5 arKI IThJdaI member5 to Joln and conurwlry to use the Strats9$ IM)sed ty the parKkmic 9xh as use of onllne et[j$. Tr dlreLt eXFer(Ure relatlng to the Society's arth'tEs indude the Stab Ivirtuall Offi and Webte costs, follThved by the 1.5 USD fcf each EFSUMB mernber pa WFUM8. 2026 rroy wnynue to a contlnued UctIOn In cots bv SUFPOrtlrv4 EFSUMB CnrnIttee rneetiws onllne but commthe and offlcer atteTr14no at the EUROSON congress wil be erKouraged and suppx)rted in 2026 support of a hAtue Sbjdent SuwNr£r organked by the EFSUMB with Induw SUPF(Jrt aTrd EFSUMB suprKJrt for the Student Trto Inv•stmert pollcy and obJecll¥eg The trus, Investment pollcy is so far a5 kx)55lb, to malntain ar increase the real value of capal, whllsi generaUng a statye taInab retum to oyant Thitle5. InVestonts are held in hrots5 Cazentye arty mU.ASS FuThl KoJmulaik)n units. Reservts policy EF5UMB ho5 assets of approximatety £558,669 is Ulvant to the years adMinrab0n co#s any reason incon* sr¥jr were rernoved. This reserve is maintained to ensure that the Federatbn can ¢Th)tlnue for a furthEr three veals usiw tkw funds to tttinue the Myk in prcxjress an(5 re&nthre to a situation if the sibjaticn tNs.
THE EUROPEAN FEDERATION OF SOCIEIIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF THE TRvsfEES FOR THE YEAR ENDED 31 DECEMBER 2025 FUTURE PLANS The plans for the future Include continuab'on of Guldelines projects arml updates cl otrEr eX1j guhleline& IncYea5&Y (lIne terIal will be made available to membets indlIr 1 recordings where spon9JreJ, safety statements and posiuon pa[e. EuRohN 2026 Lubllr?, Poland corvJress wlll see a full wjgramme of lectu% sessk)ns In a sthje rawe cf to&Ncs, from Elastograthy to P(s as well as the Sludert Qjngress aTrJ Son££ave supported wrth loaned industry traSound rnachines and sirnulator5. STRi•cfLIRE, GOVERNANCE AND MANAGEMEiir Govemlng document The charty Is conirdled by its gove deLunn¢, a degj rftrust and consilttrtes unlncorpcyated charlty. Oryanisation&l structure The European Federauon ol ScL4elies for Ultra9)und In MediclrE and Biolc¥Jy IEFSUMBI is a Registered UK Chanty number 10161I8 with the Admln15tttlve OffKe, PO Box 72718 London SW19 9HD, The regISted TnJstee5, Prof Pdvl Sldhu, Prof AdrSan Lirn and Prof Ca1 Moran are based In the UK aThJ have paCIpated duriw th15 repryty'ry and ¥ts'n EFSUMB Medngs are ccgnisant wlih EFSUMB pdlcy. EFSUM8 Is g)verned uaa Constr(utlon and Bylaws which determlnes the stwtture ol the Federauon and Is obseNed with ectI5 ld every ts¥o years whith We hets1 ectrOnIcal in 2025. These are reviewed from UrrE to Ilrne and ameTrnts proposed e.g. 11 was •Jreed that there shcAJld a separati)n tetwtrn the Executlve and Board of Lkkgates in order to Inuease checks and balarKes and glve cryporate governa real Integrty whlch was apprd the Board ol Megates al EUROSON 2024. Nomlnatlcn5 a requested fnjrn all the memter Naonal SletS. In order to increase the representatton cl gnalLer eties withln EFSLIMB Committees, members woy be co-cotrd wlK> have teen uDsUCul In the ectb>) or wk have skI115 that are requlred hthin the Ccffimlitees. 0•¢14on makl The admlnLstratNe deCIon5 are taken by the Executive Bureau wlth fve el ky)sfdons Pre51dert, Pwldent Ele¢ Past Pre%dent, Honorary Secretsry and Trear cowted currently a Gafftenteroknglst and Radkn91. SFeaalist commlttees exlst for Education and Professional Stsndards, Publlcations, Safety and Student matters. Day to day adrnlnlstratlon Is carrd out by the Executive retary and a website Admlntstrator KCOUntab to the EXeCUte Bureau In C1Xdance wych the Conitth'on. TfE remuneratk)n these wkers L5 the remf( of the Executive Bureau and Is annually in the cortext of slmilar okEratirKJ ¢xganisaiiorfj and rc1ing a revEw cl eir efflclency and perforfflan. R•hrnnce thnd •dmlnl•tr•tlv detallB Twstoe5 dekgate the day-to-day admln15tratlve management of the Charity to the General Secretary lat the tiTne wrfty.rrfj thls ptyt) Mrs LYnr Rjjdd has rved in thls capacty sIe 2009. FtEqLEnt [Teng5 are Id ty the ExeCuve BUaU to w•M the General Secrdary 6 accountsble. The webte Admini&ratcrf, Mrs Suzanne Caln of Ko5rn Den has Ned In this caty Sin 2008 a1 Is accourtable to General Secretary In the first Instar. The Geneial Seuetary Ilalses wlth attDuntant and Independent Exaftlner to wojuce the allnual finandal rewt. Hartley Fowler LLP, Tullon Hryjse, 27137 St ce'S Road, Wimbledon SW19 4EU. Ex•mpUonJ frnm di¥clo•ure No exemptbns from dIxbre are djirnd as there are Tr) paynts to Trustee5 or EFSiJYB Cor[rt members ept for eSSalY Ifrred exFense5 whth are relmtyJrd &o)rdlng to EFSUMB approved p)Iy. REFEREIKE AND ADMINIRATIVE DEfAILS Reglstered Charity numb•r 1016118 Prinopal addre59 P O Box 72718 Wimbdon London SW19 9HD
THE EUROPEAN FEDERATION OF socirrIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY REPORT OF ThE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2025 TNst••s Prof Paul Sidhu Lond, UK True anj W Prrident Prcl Adrlan Llm LdCfi, UK Tr Pregdenl @ect Prof Trrmel Moran EdSnburgh, UK arnl fety cornmitt ThrnI)er Independert examln•r Hartty Fowler LLP Chartered Accountants 4th Floy Tuition House 27-37 St George's Road Wlrnbkdon LondLM) SW19 4EU FUNDS HELD AS CUSTODIAN FOR OTHERS EFSUMB is the cu0dn tre for an endowrrent fund pwvthd by the Ffenth LItraU Scthty for a Frerth gjoety rJmIted TIrèse PlanK4 lecture to be held al a EURO9 Cowress aTrJ Is pded cover trwel and accrmrnodalK)n. The fund currcntly stsnts at E3,011, FO11thr& the Nlufc CEUS Sthoc4 held In lcon there L% a Ajrplus of £24,382 carrled 1£ard to the 2026 f AtJlt CEUS School and the 2026 Gater Bay Area Guawknng provin PeJkic Course. Tre annual CEUS Schx4 heb3 In Munlth, crMa wlves g)me ass10 from EFSUMB lor adrnhlstyathn to ralse swJnsorsh and reknburse speakers. A baL4rKe fr(xn the 2025 Munich CEUS Sthod of [9,831 Is cathed fornard to 2026 Iwlth Unpa indwtry InVceS of I I,WO ajrol al by EFSUMB as a restrfLled fund for tre course opJan15er5 Ftrol Dirt aevert aThJ Prcl Han5-er srATEMENTOF TRUSTEES, RESPONSIBILrriES trustees are re5ponslbk for weparfng the Report of the Trustees and the flnancljl stslerrents h KCOrdan wth appltable law and Unrted Kingdom Accwnting Standards (Unw d0M Gewalty Accepted Acownting Practi) Indudlng FIna1 ReF()rj StaTrJard 102 'The Flrondal RepJUThJ Standand appllcable In the UK and Republt Irela.. Charty law wre$ trustee5 to prepare finarfal Stsleffnts lor eath flnandal year. Urykr that law, the trustees have elected to prepore the financial ststerrtnts in accordan wh Unf(oJ d0M Gereralty Accepted kcounOrrfJ P1acU (United KlrwJdLYn P£countiTrJ StaThJards aTrJ appIable law). Urnier charity the tnstees must nc approve financkal Statents unless they are 5aYsfed that glve a true and fair vl&v of the strte of affalrs cl the thorty and of the Incoming sourceS and appllcation of reUrceS, iKSudlrrfJ the Income e¥Fendltyre, or tl tharfjty for thal perK)d. In preparlng tlw flnandal stateEnts, the tre5 are required to sdett 9Jltstle accourtiNJ p5 and then apply thern consLenty; cbsetve the methots and prindples in the CharifEs SORP; make judgements ar¥J estlmates tw are reasonab and prent,. twepare the financial Statements on the golng corttm ba&s unkn It L5 inapprokykte io prewme that the ch'ty %%ill contlnue In buyne Tlp trustees are responslble f¢x keepiw PYOFer accounbrvJ records whlch disclDse wlth rea5)nab racY at arry tSrne the finarKial p)SIOn of the tharity and to enable them to ensure that the flnancial statements cornply with the CharitEs Att 2011 and The Charity (Accounts and Reports) Reguhtwjns 2008. They a alg) re5EDnsble for safeguardiro the assets of the charity and hetKe fcf taknng wnable tys for the preVertI arKI (*l£rtbn of fraud and cth IrrwJulare5.
ThE EUROPEAN FEDERATION OF SOClEfiES FOR ULTRASOUND IN MEDlCINe AND BIOLOGY REPORT OF THE TRLisfEES POR THE YEAR ENDEO 31 OECE•IBER 1025 IG tyudwofiheknrTIrftrL*wM...,,..,,....................... .. AUM-T
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY Independent examln•rfg report to the of The European Federthn Of Societies For Uttrasound I Mtdicine And Biologv I rem to tharty trL6tees on ry eXanaOn of the Kcwnts of The Eurcpean FeLkntkJn QY 9xlets For UltrasourKI In medne And BlobJy (the TrtI tr the year eTrJed 31 cemer 2025. Rpongibilities and bg9ig of report As the charty truees of Tru you are re4Jonslt4e fcrf the rMeparatk)n of the attounts In aCcthr wlth the req14reTrents of the Charl(S Plt 2011 (Ihe Art,). I repjt in reSpt of ry examlnatlon of the Trusvs Kcounts carried under Section 145 of the ALt and in carrwng out my examinaOn I have fOlkd all aprab Threthns gfven Charlty Commission Yer Sectwm 145(51{b) of the Ind0nd•Tht examlnqr's •tatsm•rt I have completed my examiThiUon. I confirm tha materlal matters have to ry attwon ITh COnr1)n wtth exarn1nakn giving m cause to believe that In any mterial Tewt,. accountirrfj Tths were not kept In resFert cl the Trt as requlr8J fv Sectth 130 of the Act; or the acoyjnts do accord wth th0 records; the accourts do not cornpty the applkable requirements ConMIng the form aThJ content cl cOunts set In the Charths (Accounts Repts) Regula0$ 2008 other than any requlrement that the x¢ounts gNe a true and falr vw whkh Is nrt a mailer cM&der41 as part of an indepeTr#ent examSnadon, I have rn corfems have T¢s$ no other matters In connecuon wth t ex)tIOn to whlch attendon shouhj be drawn in thls tEPOrt in order to elIe a proper uTrYerstsThllng account5 to te Ched. Jonathan FCA Hardey Fowler iLP Chartered Accc¥Jntants 4th Flc(f Tuitson Hou 27-37 Sl George% Road Wlmbd LorK1on SW19 4EiI
THE EUROPEAN FEDERATION OF SOCIEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY STATEMEiif OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Total 2024 Tctsl fuTrJs Unrttrrlctrd Re&rfLted fuTrJ fur INCOME AND ENDOWMENTS FROM Donarhjns aTrJ legacEs 132,977 132.977 129,967 Other tradirYJ aeS Inves[nnt Sncome 71,022 7,017 71,022 7,017 60,851 7,467 Totsl 211,016 211,016 198,285 EXPENDrnIRE ON Charitsble arti¥iil Ger*ral actlwUES 179,052 179,052 170,343 Net g)Ins on Invesiments 12,498 12,498 6,835 NET 114COME 44,462 44,462 RECONCILIATION OF FUNDS Totsl funts bmught fOard 474,966 3,011 477,977 443,200 TOTAL FUNDS CARIUED FORWARD 519,428 3,011 522,439 477,977 The Th)te5 frrn rf th finarlJI StateMts
ThE EUROPEAII FEDERATh014 OF SOCIETIES Foli ULTRAWND IN MEDZCINE AND BIOLOGY ALANCE SHEET 31 OKEMBER 202S 2025 2024 Toial lund5 fvr fund Iwbjs PXXED ASSEVS Tangib asse ID 939 224,1 177.556 177,556 178.260 In,2 225,119 46,392 331.ty)6 46,392 334,017 44,959 250,120 3.011 377,398 3.011 295,079 CREDrn>RS Anffits f11 wlhh 13 136.Z30} (36,230) (42321) 341,169 3,011 3H,179 252,858 TOTAL ASSETh iessciNIAEin LIA8IUTleS 519,428 3,011 521439 477,9n 519,428 3,011 522,439 477,977 APNDS Unrewthj fvr Pe5tr1cted lunds 14 519.428 3,011 474,966 3,011 TOTAL VUN 522,439 477,977 The tht•rnnfs wut Jpprfftd ty the eId d Thisttes and autlwjthj lor I aThl were gyned chi Its beh)W ty.. PmlALkn. .11.
THE EUROPEAII FEDERATION OF soaETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL STATEMENTS FORTHE YEAR ENDEO 31 DECEMBER 2025 GENERAL INFORMATION The tharty is a UK bas Chartsts trLLsL The èjdw cl ts roJl#weJ offte ts P O Box 72718, Wlrnt4edon, LoNlon, SW19 9HD. The regtred nvmterof the charfty b 1016118. The finaal Informatkjn wesented ts for the year ended 31 DeCernr. The prentatlcn currency of the finandal statements s the PrAd Sterling {Él. amunts in flnanclal &ateThnts are r(ded to the neare PouThd 1£). ACCOUtffiTrlG POLICXES s5$ of pr•parlwJ th• flnanclal stst•ments financlal statemenLs of charity, whth Is a public bertfil entity under FRS 102, have been prepa In accordance ¥sith the Chariues SORP {FRS 1021 'Accounting and RerK)rting by Charities.. Ststement of Recomrnenthd Practlce appllcable to charits weparirwJ ihelr accounts In a¢than vlith the Finanoal Reportlng Standard apk4lcable in the UK and RekxJb of Ireland {FRS 102) {effectNe l January 20191,, Finanoal ReportiThJ Standard 102 Tre FInala1 Reportin9 Stsndard applab in the UK and Republt ol Ireland, and the Chèrlues Aci 20II. fft flnanclal staternents have been kyepared under the histortcal cost convenyon, wth the excepuon of In¥estrnents wNch are inclLwJed at market value. a5 mrxllfl8J by fv revaItICffj of certaln assets. Galng con¢4rn tru%tees COder that there a no materfal unrtsInes abcArt the charlty ablllty to continue as a gclThJ coeM. In futu years, the key rksks to the thrlty are a fal In Inc¢n. The trustee5 have a serles meagjres to control, mitlgate and mlnlmlse the effects of a lall In knKon, Induding a prJent reserves lty. Flmndal r¢portlng standard 102- rC4d disclosure exemptlons T chanty has taken advantsge ol the Idknling dIsCk)w exemptlon in preparfro these nnarKlal staterrents, as pemltted by FRS 102 The FlnJnclal ReP)rt StaThdard applIcab In the UK and RepublK of ILal,. the requlrenRnrs of Sectkm 7 Statemert ol FhThv& Incom• All Incornels recc4Jnlsed in the Stèfrment of AnJrKlal Athlts once the charfty has entaLnnt to Ihe fUrs, It Is that the Irt0 will be recelved and the amount can be nasured liats. Expendlture LHbilities are rLrognlsed a5 eXpendure as a5 there 15 a legal or constructive obllgatbn committlng the charty to that exper(Jlture, it Is probabk ihal a transfer ol nOmiC Èenefits wlll be requlred In settlement and the arnount of the OblaOn can te measured lbly. Expendlture Is Counted f¢x on an accruals bags and has been da51 unL*r headlngs that aggregate all cost lated to the eategory. Where costs cannot be dlrect ttrlbuted to paCUlar IEadin95 they hwe been all(ted to ath"vities on a bals consl¥(ent with t1 use of resour5. TgIble fixed a59•ts Depreciatk)n s w0ved at the folk)wlro annual rates In der to write off each a58et over ts estlmabj useful Ccffiputer equiprnert 25% on redudNJ balarte fixad investm•nts Llsted invesiEnts are Inibally recogiised at tran5artK>n prlts and subsequentty measured at falr value wlth refererKe to rnarket value. Both reollsed aTrJ UnRall gains we recogn15ed in the 5tafrrnent of finafKtal aCtiVtts. Forelgn ¢urrencie5 Assets aThJ liabilities In foreign cutTeIe5 are tranated into sterfiro at the rntes of exthafige N15ro at the balae theer date. TransactiorL4 In forewjn currencies a translated lito sterlirYJ at the rate ol exchange rullro at the date of transaction. ExtharMJe differences are recognised in expendrfure on Charitab acbvibes In the 5tatsment of financkil athvitie -12-
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUlmNG POUCIES. contlnued Taxation The d)ty15 exemFt frcffj lax Its Charftab tht5. Fund accountl UnTe5trthd fuThls can be used in accedae with charthbte obiectlves at dretn of truths. Restrthd fuTrJs can only be for paCUlar re5tn.cted purpose5 thin objects the tharfty. Rethdkjns arise Wh wifped by tl dortr)r ¢J when a rai particular restrkted Purp5. FUrtreXaIllt of the nature and purpc6e of ead) lurn1 Is Induded In thE Nytes to flnanaal thtements. Hnancial ingtTuments The charity only has financlal Sn5trunts CQ a klnd that quallfy as baC finaKlal lThstruments. Baslc flnandjl inStrunnts ¥e hltk41ty recojnlsed at transaCtn Val subsequently Measu at their sddemw)t value. Invertmnts IrNestments are dated at falr wa. adlrrtJ the Investments ks uTrJEr IrNestrnent lrteffle In Stateffnl of nala1 ActiwtES. Galns aTrJ Icfj5e5 on InVestnt asts dlg>)d cf in the year are shown a5 feallsed 9alns aThJ losses In tr ststemeni of AthvltYe5. Galns and 105se5 on Inve5trnent assets hebj at the year-end a unreallsed and are al in the Statemwt of Flnanckil ktNibe& Cuh at bank Cash at bank 5ndudes bonk depogts and tsrm hhlY IrquK1 Investments vlth a 5t fflaturtty d three months or le55 frorn t (tste cl acquisluon or openlng of the depLLstt or slmllar accujnt. D•btors Trn¢ and other debtors are tEcwnlsed at the se1tment anh)unt due. Prepoyrnert5 are OgnIsed at t Invoked cost ppa. Cred Credltors are recognlsed when the ch3rlty has a Prnt oblvjauon resultlng frem a past event that wll pr¢baLIy resulLE In the tran¥er of fuThJs to a thlrd rtY and the arynt to setde the oblwttn can LE msured c Imatsd rel41b. c[tors are nomalty cC¢Jn15ed at settthent amunt. Impalrni•nt Awts rK)t measured at lalr vaue a revIed for any Indiotth ttrwt the as may trR impaired at eath balae sheet date. If 5th lryJicaUon exlsts, the recoverable amount cl t1 asset, or the awt's cash gererdlmg unSt, 15 estlmated atNI compared to the carrying arrKJurt. whe the carryiry amount exceeds its r0Verale amounL an impalrment loss Is recognised In profft or b)55 unless as*t is carrled al a reval1 at where the Impalrment loss k5 a revalvation deuea5e. -13-
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMÉNTS- continued FOR THE YEAR ENDED 31 DECEMBER 2025 DONATIONSAND LEGACIES 2025 2024 sT1Pc5 132,977 129,967 2025 2024 Euro 5dD)Is, congresses and nlL4r US irtome sttht Sumwr 5cl I1me En(bJrsed CryJrse 3,502 SO,319 16,921 33,349 27,502 71,022 6051 INVEsfMENT INC(WE 2025 2024 IrNe5trnent Inc¢ SuThary RecdFts 6,989 28 7,467 7,017 7,467 Support co#s (e noie 7) TL*als General 177,447 1,605 179,052 SUPPORT cosrs Infomiafjon iechnolcgy finan GtrLYal advlths 774 (4,744) 235 Other 3 Totals Gerra1 acthVJes 2,700 2,640 1,605 Induded In GovernarKe costs are fees leK¢ludlng Irrecoverable VAf) to the IndeFendent e¥anlw c¢ £l,IOJ for iTrjepeent exaThlnation and £1,540 lirKIL¥Jing IrrTheratrAe VAT) for Countanry servtis.
THE EUROPEAN FEDERATION OF SOaEtIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMErirs . continued FOR ThE YEAR ENDED 31 DECEMBER 2025
wt cL&s, Includ&J in aix)ve, a as Flnance 2025 Gera1 acts'vits 2024 Tcial actfvlts Bank charges LossI(galrnl on forn exchange 930 (5,6741 635 14,130 (4,7441 14,765 TRusfEES' REMUNEPATION AND BENEFITS rK) trustees, ranunernlon or otr benefts for t1 year 31 Dmber 2025 for year end&J 31 Decemter 2024. The truees eTe relrnbjrsed a titsl of £658 (2024- £8611 forexpenses Incurred on behalf of t charity. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACllVtTIES UJYe5trthd Restrl¢ttd fu furnl Totsl fd5 IIICOME AND ENDOWMENTS FROM OonJU5 des 129,967 129.967 Other tTrdlng ath%Atks lrne5trrnt IrKon 60,851 7,467 60,851 7,467 Totsl 198,285 198,285 EXPENDITURE ON CharltAblt a¢ttvltl•i GenLYal tbe$ 170,343 170,343 Net galns Inve&nnts 635 6,835 NEr ItKOME 34,777 34,777 REcoficiuATION OF FUM)S Totsl funds brought folward 440,189 3,011 443,200 TOTAL FUNDS CARRIED FORWARD 474,966 3,011 477,977 -15-
THE EUROPEAN FEDERATION OF SOCXEfIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS- canrtUed FOR THE YEAR ENDED 31 DECEMBER 2025 10. TANGIBLE FIXED ASSETS Ccffjputer ]Thent At l January 2Q25 31 Decernber 2025 25,786 DEPRECIATIOM At l Janry 2025 Charge fcf ye 24,847 235 Ai 31 Dmber 2025 25,Ce2 NET BOOK VALUE At 31 c¢mber 2025 704 At 31 Dernber 2024 939 IL FIXEO ASSEf IMVEsfMENTS Investments MARKET YUE At l January 2025 AddlOn5 Dlsposals Revaluatlon5 224,18) 1476 161,6151 12,515 At 31 Dmber 2025 177,556 MEf BOOK VAUJE At 31 Becerntser 2025 177,556 At 31 Decerter 2024 224,1 IrNestsnents are hehj In ¢irIty Muid.Asset Fund. Cc6t or valuttlon at 31 Cecemter 2025 b rewesented by.. Investsnents Valuaucfi In 2025 21,686 155,870 177,556
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENOED 31 DECEMBER 2025 IL DEBTORS: AMOUKWS FALLING DUE wrrHIN ONE YEAR 2025 2024 Trd(k (kt)¢ors PrepaynTrts and ac0 incon 46,392 32,432 12,527 46,392 ,959 CREDThORS: AMOU14TS FALUNG DUE THIN YEAR 2025 2024 36,230 42,221 Funds held as awts IrKluckd In other creditCrf5 are funds hdd a5 agents. Tre annual s Schwl hdd In Munlch, Cemrry re invoiced assstance of EFSWB 70jm15tratw to ralse sp)nrShIp and rdmbL¥* yakers The balarKe card fCard is he try EFSUMB as a fund for the course or9anlsers. rnovernent In fund5 held as &Jents during year we a5 fdkn¥&' £ 202S 16,157 12,376 119,0681 £ 2024 17,875 23,812 124,912) 161B) Balan br¢Ju9ht fLYwd Ir Exwdf(ure Year eTrJ fO]n currerKy tranlats)n 9031 16,157 MOVEMENT IN FUNDS At 111125 In funds 31112RS Unro8trIc fvnd• General fund 474,966 519,428 R•#rkted fvndl Therese Furkl 3,011 3,011 TOTAL FUNDS 477,977 44,462 522,439 Net mennI kn fwcts, Irduthd In the above a as f01hs. Incoming regxjrces Galn5 and Movement los In fund5 expeTrth1 Unrestrlrtad fudI General fuTrJ 211,016 (179,052) 11498 44,462 TOTAL FUIIDS 211,016 (179,052) 12,498 44,462 -L7-
THE EUROPEAN FEDERATION OF SOCIETIES FOR ULTRASOUND IN MEDICINE AND BIOLOGY NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2025 14. MOVEmETr IN FUNDS- continued cOmaVe¥ for mov¢ment In funds mcvwnent n fuThJs At 31112r24 At 111124 UnreStrIrt funds General fur 440,189 34,777 474,966 Trrese Planld FLnd 3,011 3,011 TOTAL FUIID5 443,200 34,777 477,977 C¢nyattve net movemert In funds Irluded kn the ue as fclluws.. IomIN Gjins or e%peThded In funts Unre•trlrtod fvnd• Gewal fthj 198,285 (170,343) 6,835 TOTAL FiINDS 198,285 (170,3431 6,835 34,777 The Thérèse Planiol lund Is by the French VItraund ety for a Freh r1n0ted Trérèse ank)I 1ectsj to be he al a EUROSON conesS and is prowthd trj cover travel accornmodatleA) (nsts. IIELATED PARTY DISCLOSURES There were no relaied party trnrwctKJns fu the >ear ended 31 Bffernter 2025. -18-