REGISTERED COMPANY NUMBER: 032535841England and Wales)
REGISTERED CHARITY NUMBER: 1058968
THE PIT
ITARY FOUNDATION
A COMPANY LIMITED BY GUARANTEE
TRUSTEE
'REP
ND
ITED FINANCIAL
FOR THE YEAR
O JUNE 20

**THE PITUITARY FOUNDATION** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024** 

|||**Page**|
|---|---|---|
|**Reference and Administrative Details**|1|1<br>**to**2|
|**Trustees' Report**|3|3<br>**to**20|
|**Independent Examiner's Report**||21|
|**Statement of Financial Activities**||22|
|**Statement of Financial Position**||23|
|**Statement of Cash Flows**||24|
|**Notes to the Statement of Cash Flows**||25|
|**Notes to the Financial Statements**|26|26<br>**to**39|





THE PIT
ITARY FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 30 JUNE 2024
TRUSTEES
Mr T Sumpster {Chair)
Mr A M Mackintosh (Vice Chair}
Dr l E Macdonald (Hon Secretary)
Mr P Rouse {Hon Treasurer)
Dr S E Baldeweg
Mrs H Frazer (resigned 4.6.24)
Dr A M Brooke
Ms D L Cooper
Ms A Deleligne
MrAHMatty
Ms J A Phillips
Dr S Sinha (resigned 7.12.23)
Mrs C E Thatcher
COMPANY SECRETARY
Dr l E Macdonald
KEY MANAGEMENT
PERSONNEL
Emma Cooper- CEO (appointed July 2024)
Ren Renwick- CEO (resigned June 2024>
Pat McBrlde - Head of Support Services
Jay Sheppard - Head of Fundraising
REGISTERED OFFICE
Brunswick Court
Brunswick Square
Bristol
BS2 8PE
REGISTERED COMPANY
NUMBER
03253584 (England and Wales)
REGISTERED CHARITY
NUMBER
1058968
SOLICITORS
TLT LLP
One Redcliffe Square
Bristol
BS16TP
BANKERS
National Westminster Bank
32 Corn Street
Bristol
8S1 11Q
Royal Bank of Scotland
36-38 Baldwin Street
Bristol
BS1 1NR
Page 1

THE PITUITARY FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 30 JUNE 2024
INVESTMENT ADVISERS
Evelyn Partners
Portwall Place
Por￿11 Lane
Bristol
BS16NA
INDEPENDENT EXAMINER
TCA (Shrewsbury) LLP
Third Floor
21 St Mary's Street
Shrewsbury
Shropshire
SY11ED
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THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
The Trustees, who a￿ also directors of the charlty for the purposes of the Companies Act 2006, present
their report with the financial statements of the charity for the year ended 30 June 2024. The Trustees
have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Objectives and Actlvltles
a. The purposes of the charlty as set out In our governlng document;
The charity's objects, as described in our Memorandum and Articles of Association, are to promote the
relief and treatment of persons suffering from pttuitary disorders and related conditions and diseases,
and their families, friends and carers, and to provide information and support., and to promote and
support research and to disseminate for the public benefit the results of any such research.
The main activitias that the Foundation undertakes to deliver on these services are:
the delivery of general and specialised helplines.,
development and dissemination of resources online and in print.,
presentation of information and holding of community building eveni$ online and in per80n;
facilitation of patient-patient Support service8',
engagement in, and the dissemination of, research.,
support of volunteers., and
undertaking of fundraising schemes including events.
b. Our strategy and core alms
Our strategy states that..
Our vlglon is that all people wrth prtuitary conditions can Ilve well, now and in the future.
Our ml8slon (the way in which we achieve our vision> is that..
We work with everyone with a pituitary condition, their support networks and heallhcare professionals
to raiso pituitary awareness, and to reduc? time to diagnosis.
We empower patients to navigate the UK healthrAre system and obtain the best clinical outcomes
possible and provide support to enable everyone with a pituitary condition to live as well as possible.
Our values (which inform how we approach achieving our vision) are..
We are welcomin9
We are caring
We are empowering
We are trUS￿OrthY
We are collaborative
Our obJectlve8 (which break down the practical steps we will take to achieve our vision) are:
I: We wlll work to reduce the tlme It takes to be dlagnosed wlth a pltultary condltlon by
Increaslng awareness
We have three focus areas to achieve this objective:
1.1 Raise awareness amongst Endocrinology specialists
1.2 Raise awareness in primary care
1.3 Raise the general public's awareness
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THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
2: We will empower every patlent to recalve the best care avallable to them, now and In
the future
We have three areas that we focus on to achieve this objective..
2.1 Offer support and education to everyone impacted by pituitary conditions
2.2 Advocate for the best medical care possible in the NHS for everyone with pituitary
conditions
2.3 Champion valuable patient centred investment in the future of pituitary care
3: We wlll support all people wlth pltultary condltlons to Ilve well
We have three areas that we focus on to achieve this objective..
3.1 Increase the accessibility and inclusivity of support and services
3.2 Provide lifestyle support to people with pituitary condrtions
3.3 Seek to ensure Psychological Support and broader wellbeing advice is available to
everyone impacted by a pituitary condition
4: We wlll •nsure The Foundatlon Is robust and sustalnable
We have three areas that we focus on to achieve this objective..
4.1 Ensure we have the right resources lo deliver our strategy
4.2 Ensure our financial resources match our ambition
4.3 Work sustainably
Achlevements and perforniance
Overvlew of actlvltles throughout the year
Our new strategy has guided the work we undertook this year. Overseen by Head of Support Services
Pal McBride, and provided by Pat and a team of staff and volunteers. our helpline services continue to
be hugely valued. During the year Pauline Whittingharn, a much-valued specialist nurse, leftlhe charity,
and Aldons Chua and Vanessa Quinn subsequently joined Darshna Patel to deliver the excellent nurse
helpline.
Volunteers are at the heart of our work, and we are as always so grateful for their time and expertise in
helping the Foundation deliver its remit with kindness and understanding. It is with heartfelt thanks that
we recognize the work of our office volunteers. helpline volunteers, telephone buddies, Ambassadors
and support group leads., Volunteer, Events, and Campaigns Coordinator Kim Wegner worked with
many ofthem during the year to increase the number of support groups, both in person and online, and
also to introduce in person events across the country.
Led by our Communication CoThOrdinator Lottie Storey. our communications have continued to grow in
reach and impact this year, both our online communication5 and our regular Pituitary Life magazine,.
the magazine remains a well-received member benefrt, providing a range of patient stones and
endocrine insights and updates. We are pleased to have achieved Pif Tick Accreditation, and are
undertaking a full review of all of our information booklets to ensure that they contain high quality, up-
ttrdate and accessible health information.
Our IT and Systems Manager, Martin Cookson, led the implementation of a new CRM during the year,
ensuring that we are using all data in the right way. Alongside this, Operations and Finance Manager
Gabrielle Welland has worked extensively to streamline our finance and intemal procedures, ensuring
increased efficiency and value for money. We were delighted to welcome Sleph Gauvin as our new
Administrator, providing support to our finance and fundraising functions alongside her administrative
work.
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THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 3
NE2
24
Underpinning all ourwork is the need for income., our FundraiserJay Sheppard has continued to deliver
a diverse portfolio of fundraising with integrty. As ever, we are indebted to the generosty of our
community. who offer so much, both financial and in kind, and we wognize that we would not be here
wrthout their continued support.
Our excellent CEO, Ren Renwick, gave notice of her departure towards the end of the year. the
Trustees would like to extend their sincere gratitude for everything Ren has done for the charrty over
the last t¥VO years, for her work building our new strategy and leading our staff team so well. Ren leaves
the charty with excellent infrastructure, a robust strategic framework and a sound financial base,
positioning things well for the incoming CEO to realise the charity's strategic ambitions.
Before the end of the year, and prior to Ren's departure, we were delighted to confirm the recrurtment
of new CEO, Emma Cooper. Emma joined in July, bringing many years, experience of senior
management within the health-related charity sector.
b. Dellvery agaln8t the strategy
In this section we look at specrfic activity relating to each objective, and areas we are looking to develop
In the future. We measure our success against qualitative and quantitative measures. For projects we
have targets that are set at inception meetings, whilst for ongoing work we review anonymous surveys
and feedback from participants. Our Lived Experience Committee a8SlSt8 in reviewing and guiding our
work and compliments our Trustees who interrogate the value and Impact of our service8.
1: Wo wlll work to roduce the tlme ft takes to be dlagnosed wlth a pltultary Condlllon by
Increaslng awareness
Our first objective is focused on reduclng the time It takes to be diagnosed through increased awareness
of pituitary conditions. Alongside setting several projects in motion, to increase awareness we achieved
the foll¢)wing'.
1 (a) Ganaral Awaren•ss Ralslng
Awareness Month. Our Awareness month focused on spotlighting Prolactln and Prolactinoma, a
condition on which we had not focused before. The month comprised 7 online and in person events
and a strong infomiation-Iocu5ed online campaign. 97 /• of respondents rated the events excellent
or good, with 820/0 saying they improved their understanding of the subject.
Two attendees said..
'The zoom sessions bvere brilliant and I hope they continue. They are a lrfeline for people.
thank you so much.; and
'Really enjoyed the session, easy to follow, good time length and brilliant how all questions
were answered..
We Saw a signif￿ant increase in engagement across social media in the month,. for exampFe, we
enjoyed Instagram impressions of 67,485, up from 26,000 the month before. A signrficant statistic
for Instsgram was that our profile was viewed over 2,307 times, far higher than normal view rates
of around 600-800.
Webslte. Having launched our new website in the last year we will continue to evolve and develop
it to ensure its accuracy and that it delivers effectively against our needs. Feedback from our
community evidences that our website is the heart of our support service, with most people saying
they used it alongside other services such as in person meetings or the helpline. We have seen
decrease in visltors. but a 390A irbcrease in the lime people are Spending on the srte, suggesting we
are getting more relevant visitors due to better links and navigation. We have secured a Google Ad
Grant to increase findabilty, and look forward to deploying this.
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R THE YEAR ENDED 30 JUNE 2024
Electronic Communlcations. Our social media following is at 26,000 across all plattoms, showing
modest growth. We are pleased that individuals, posts are getting strong traction, especially ones
that feature lived experience stories and share medical insights. Our newsletters continue to have
strong open rates, and we have spent time improving the backond processes to streamline these
communications.
Prnss Coverage. We were pleased to be referenced in national coverage when a celebrity
announced they had a related condition. Our website saw an increase in visitors and we followed
up wrth awareness raising online around the condition.
1 Ib) Awareness wlthln Endocrlnology.
Awareness Ralslng wlth Cllnlc8. During the year we contacted all Endocrine Clinics asking for a
response to a survey to understand the perception of the Foundation. This had very lrtlle response.
We followed this up by sending a poster and selection of booklets to all clinics Wlth a cover letter
reminding people of our services. We recognise that we want to increase awareness of our sepiices
especially in smaller clinics where staff may not be familiar with the charty.
Confornnces. Attendance at conferences is an important way in which we spread awareness of
the charity and its work amongst clinicians across the country and beyond. This year we attended
four conferences.. Society for Endocrinology's Clinical Update, Brrtish Endocrinology Society, British
Society for Paediatric Endocrinology and Diabetes's conference and the 24th Clinicopathologic81
Conference on Pituitary Disease. We estimated that we reached more than 2,000 health care
professionals through these conferences, and have been able to talk about our services and share
resources wilh them.
Medlcal Commlttee. Professor Baldeweg is the incoming Chair of the charity's Medical Committee
and will work with us to increase the reach and impact of the Foundation's work and resources within
the Endocrine communrty. This year Dr Rob Murray agreed to be deputy chair.
11¢) Awareness In Prlmary Caro.
Em•rg•ncy Care. In partnership with Addison's Disease Solf Help Group (ADSHG}, we have
continued to work with the Yorkshire Ambulance Service to develop an awareness session for
call handlers.
Our work supporting the implementation of the Patient Safety Alert and the Steroid Emergency
Card continues and we have distributed over 500 cards in addition to the print at home version8
in Pituitary Lrfe.
GP Awarene88. This year we delivered 8 GP training session reaching 500+ GPS and are
developing a second session, wrth financial support provided as an Independent Medical Education
Grant from Pfizer Limited. Pfizer have provided only financial support and have no input into the
content provided. One respondent to the first session noted .1 *elt rt was very infonnative. This is
not an area l am very familiar with so I have definitely learnt some things this evening."
2: We wlll empower every patlent to recelve the bost care avallable to them, now and In
the future
Our second objective focuse5 on empowering all patients to receive the best care available to them.
We play an instrumental role in this by providing support and education to complement that provided
by the NHS.
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NDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
2. (a). Offerlng Support and Education
Helplines. Our helplines remain a vital 1-1 support offering. We responded to over 1,584 enquiries
across our various helplines. We introduced bookable slots for members to help offer certainty of
speaking to a nurse. We undertook a risk review ofthe helplines, introducing supporting documents
for staff and volunteers to help direct and support callers whilst retaining the highest level of service.
Pauline Whittingham, one of our Endocrine Specialist Nurses, left the Foundation after fNe years.
Her support to people impacted by pituitary conditions was hugely valuable and valued by so many
people. Since then, we have been pleased to have recruited two nurses, Aldons Chua and Vanessa
Quinn, in her place, who have joined Darshna Patel in supporting our community brilliantly.
Calls to the Infomiation and Support Helpline, ansvRred by our wonderful and experienced
volunteers, have decreased this year., we have interrogated this to understand the reasons and how
we can develop this support in the future.
Some quotes this year evidencing the value of our helpline, and the invaluable impact it has for
people, include,.
.1 find myself seeking your kind advice once more, you are alway8 $0 reassuring in your
responses..
'Thank you for 811 the information. It's been a great contribution.
.1 enjoyed and greatly benefitted from our chat yesterday. You were candid, clear and
supportive. Much appreciated. I will contact you again as I progress further along my journey..
Resources. We are delighted to have achieved Prf Tick Accreditation during the year and have
been reviewing and rationalising our booklets in line with this rigorous accreditation. During the year
we reviewed all our condition specific booklets and several 'Living with, and associated resources.
We are grateful for the support of funders to enable this to happen.
Events. We have reached over 500 people through our own online events during this financial year.
This is in addition to events organised by others (such as conferences) and meetings held by our
support groups. These sessions have included talks from professlonals on toplcs such as Sick Day
Rules, Body Positivity and GrowAh Homone.
Through all our events, 950A of people completing feedback rated the sessions excellent or good,
wfth 750kn 8aylng they Improved thelr understanding of the area. Feedback from these 8es8ions has
included..
'Thank you for this event- it was enormously helpful and I really appreciated the time that Ithe
speaker] took in answering questions, desprte the session running late..
'The doctor's presentation was excellent. She talked at just the right level for the audience,
using medical terms, but explaining them where required in a friendly non-condescending way.
She gave a huge amount of information in a very accessible way..
"Great session, although l am a long-standing patient it is always nice to hear from other
Consultants with different backgrounds..
Get Togethers. Prior to Covid the Foundation rdn successful bi-annual in person conferences which
allowed our communty to come together, listen to speakers and share thoughts and experiences.
Post pandemic we understood that many in our community were less keen on traveling, and we
recognize the impact of the cost of living crisis on the abilty to pay for travel and overnight stays.
In response to this, we have developed the concept of a 'Get Together,. These are day long events
comprising talks from professionals, a stxial lunch and facilitated discussions. We delivered one in
Glasgow in November 2023 and another in Cardiff in March 2024, with a view to holding Ihese
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THE PITUITARY FOUNDATION
TRUSTEES, REPORT
R THE YEAR ENDED 30 JUNE 2024
throughout the UK at regular intervals. These are cost effective and have been well re￿ived.
Participants largely rated the events as excellent and most found their understanding had increase.
We have had positive feedback on these events including..
'Thank you for coming to Glasgow.
'[1] enjoy8d it very much, learnt a lot and met some wonderful people. I will look fopward to
future events..
.1 thought li was truly an amazing beneficial day. I didn't know what to expect but it 8XC8eded
any possible expectation..
Cushlng's Day. We were pleased to be able to hold a condition Specific day focusing on Cushing's
at Imperial, London. This was made possible with funding from Recordati (who had no involvement
in the content or administration of the day).
This funding also enabled us to contribute to travel and accommodation costs for participants who
may not otherwise have been able to attend. 75Vo of attendees had never attended an event wrth
the Pituitary Foundation.
The day comprised talks from Health Care Professionals, people with liv•d experiencé, and Rare
Minds who focused on psychological challenges. It was a real success, and we are hoping to make
It an annual event. Feedback included..
.1 really enjoyed the day, and l am so glad l attended, as I was anxious al)out
attending, but everyone was so friendly. I found the day informative, but also
emotional (which I wasn't expecting) and motivational hearing other stories. Being
able to share my 8tory, and listen to others, face to face, is really powerful..
'After this conference l am so thankful. It was helpful, interesting and emotional.
Thank youl.
Pltultary Llfa magazln•. We produced and mailed out three editions of the magazine In thls period
-Autumn 2023, Spring 2024, and Summer 2024. All of these have been 24 pages, with an increased
font size for easier readability, and we met with the designer and printer to look at ways ol saving
costs, whilst delivering a more accessible publication.
In our Spring 2024 edition, included adrenal insufficiency and AVP Deficiency (Diabetes
Insipidus) Sick Day rules as a centre pages 'pull out, feature.
We also launched our 301h anniversary within this edition, together with a cover image of our 30
years.
Our thanks go to the Medical Committee, patients and staff plus other contributors for providing the
content for all of our magazines.
2 (b). Advocacy for bost carn wlthln tho NHS
Sector Engagement. Pat McBride is part of the NCEPOD (National Confidential Enquiry Patients,
Outcome and Death) Working group focusing on blood sodium, led by Dr Neil Smith, Deputy Chief
Executive, Senior Clinical Researcher.
Pat also represents the patient voice on the NHS England Policy Working group for Acromegaly
(2337 Pasireotide Pamoate), BSPED (education standards working group and DI name change
working group), and Oxytocin Study (Diabetes Insipidus Project | Patient representative).
We continue to contribute to the Scottish Medical Consortium Patient Group, the Welsh Patient and
Public Interest Group and the NICE Voluntary Sector and Community Sector Forum. This year we
also joined the ABPI Patient Organisation Forum.
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NHS. We continue to work to support the implementation of the Patient Safety Alert. We are also
part of the international working group supporting the implementation of the AVP-Deficiency name
change.
2 (c). Patlent centred Investment
Networks. We continue to be an active member of the Society for Endocrinology Patient Support
Group network, representing a valuable way of ensuring that the patient voice is heard at a
foundational level.
Robert Brady, who leads the Ireland Support Group. is on the Board of WAPO (World Alllance of
Prtuitary Organizations) representing Pituitary Ireland (our ROI based support group), which has
been part of the Foundation to May 2024.
Lfved Experlence Commlttee. We are continuing to develop the Lived Experience Committee, a
mechanism for the patient voice to input clearly into both our work and wider consultations as
required. This work will continue through the coming years, and has trustee representation creating
a dirKt link to the Trustee group.
R•u4￿h and Con$ultatlons. We continue to contribute to consultations including with NICE'S
People and Engagement Strategy and SMC'S consultation on Somapacitan (Sogroya). Work
continues in the Oxytocin research led by Departments of Endocrinology, Diabetology and
Metabolism, University Hospital Basel, Switzerland.
Addilionally, we supported the Royal Osteoporosis Society's Better Bones campaign, and fed Into
Specialised Heath Care Alliance's research into mental heatth for people wrth complex or rare heatth
conditions.
We have also explored the role of dats in understanding our population, and helping us to best
support currentand future people affected by Pituitary conditions. This work will continuetodevelop.
Tech Developments. In a similar way we have continued conversations exploring how tech and Al
developments could support people impacted by Pituitary conditions. We have prototyped a simpl
chat bot for a website (with grateful thanks to voluntary support for this) and have started
conversations about the role of Al in diagnosis and ongoing condition management. This is all
largely speculative at present and wlll develop over the coming years.
3: Wo wlll support all pwplo wlth pltultary condltlon8 to Ilve well
The heart of this objective is ensuring that as many people as possible can access. en9age with and
benefit from our services.
3 (al. Accesslblllty and Incluslvlty
Incluslvlty. This remains an important area for us. We are pleased to have presented a wider
range of lived experience stories, and welcomed people who have not attended our events before.
We have found Instagram to be an important tool to reach people who have not engaged with us
before.
We are exploring how we can survey in selected clinics to understand any barriers to the take up of
our resource5. We will use these finding5 to address barriers to engagement in general.
Tralnlng and Rèvlèw. We have followed up formal training with informal internal conversations
including a session on digital accessibility. We are in the process of reviewing our helpline provision,
to ensure that it is best serving our community, appreciating that many people prefer not to speak
on the phone. This review will complete and relevant actions will be implemented in the next financial
year.
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R THE YEAR ENDED 30 JUNE 2024
Support Groups. We have successfully introduced new online, condition specrfic support groups
to complement those that meet in person. New groups meeting during the year include
Prolactinoma group, a young persons, group and an Acromegaly group. We had 20 active groups
in the financial year.
During the year, the Board of Trustees reluctantly made the decision to cease operating a volunteer
led group in the Republic of Ireland as a result of regulatory changes brought about by Brexit. Robert
Brady, who has led the group for many years, is exploring alternative ways in which he may take his
work forward. The Foundation will remain open to people accessing support from all geographies,
but sadly we are no longer able to have a direct presence in Ireland.
Membershlp. We are grateful to those in our communty who support our work by becoming
members and who enjoy being part of our community in that way. This yearwe introduced welcome
meetings to members and non members to help showthe ways in which the Foundation can support
people, and the ways in which people can gel involved.
We are pleased that our membership has started to grow again, with monthty growlh at the 8tart of
2024 the highest for several years. Our total membership stands at over 2,000. As noted below,
we have introduced a psychological support service, and have established an enhanced
membershlp in order to offer access to wellbelng and psychological support from June 2024
onwards.
3 (b). Llfestyle Support
We recognise that many pituitary condrtions are lifelong, and we want to support people throughout
their life, not just at the time of diagnosis. We are developing new resources around fitness and
wellbeing and see this as an area we will expand on in the coming year, with a830ciated talks
scheduled for the summer and autumn of 2024.
31c). Psychologlcal Support
Rare Mlnd8. We have been delighted to Introduce the provision of p8ychologlcal support in
partnership with specialist charity Rare Minds this year. Alongside other wellbeing benefrts,
members wlth enhanced membership are able to access up to 8 sessions of counselling, subject to
availability of sessions. We are able to offer thls seprfice due to the generosty of Indlviduals as well
as grants and help from commercial funders.
Gulldford Support. The volunteer-run Guildford Support Group has been able to offer a similar
psychological support to people in the Guildford area thanks to a generous legacy from Mr Hawley.
This service stsrted in April 2024.
We continue to offer support to our helpline volunteers and are grateful to Dr Sue Jackson who
shares her time to be able to do that.
4: Wé wlll ensure The Foundatlon 18 robust and sustalnable
This objective focuses on our internal and financial robustness, and considerable work has been
completed this year in this area. Our three objectives in this area focus our attention to ensure we have
the right resources, and work sustainably to ensure our ongoing success.
Govornance. This year we have done significant work on various areas of our governance.
Trustees completed a survey reviewing working methodologies and approaches, and we held an in
person away day for the first time since the pandemic. From this we have established working
groups, and amongst other things are reviewing the tenure and roles of Trustees.
Staff. We are fortunate lo have an excellent staff team. Each person's commrtment and passion for
their role is inspiring and greatly valued. We enjoyed having Claudia Tavella as our second intem
from University of the West of England this year, and it has been a pleasure to offer paid contracts
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both to Claudia and Georgia, the previous intem. Staff have undertaken a range of formal training
during the year, including first aid and fire marshal training as well as a sesS￿n on heatth infonnation
writing.
Flnance admlnlstratlon. We have migrated several support groups to a new way of working
financially which both reduces administration and increases compliance and security. This will
continue to roll out. We have new Bookkeepers (Mendip Accounting) who have revwied and
streamlined our financial information and processes.
Fundralslng. We have worked to increase our ability to secure income from Trusts and
Foundations, vntking with a consultsnt to bring additional expertise and capacty. Our Fundraiser
Jay has refreshed our fundraising offer, including supporting people in various challenge events. A
full report follows, and we will continue to develop our fundraising work.
Pollclas and procedures. We have fully updated our handbook, both in line wrf<h legislative change
and best practice, in partnership with our external advisors. We are pleased to have introduced
several new policies as w811 as reviewing and refreshing our GDPR and Safeguarding Policies.
Collaboratlon. We continue to strive towards collaboration where It is in the interests of our
Community. We have had active conversations with peer patient support groups, and havé opened
dialogue wlth several charltles and both univer$itles in Brisiol,
b. Publlc benefft
The Trustee5 have considered the Charity Commission's requirement in respect of Public Benefrt. In
their view the charity meets, in full, the criteria to satisfy the test. The Trustees, Annual Report describes
the activities undertaken to further its charitable purposes for public benefit.
Plans for Future Perlodg
Our strategy sets out our aims and objectives for the period to 2027. Good progress has been made
and we recognise the opportunity to increase our activty given our reserves posltion. Our new CEO,
Emma Cooper, will work with Trustees to identfy existing or new activities for development utilising the
available reserves. These activities represent areas of our work which we understand are important to
ourcommunity and will increase our reach, raise more awareness, and enable us to develop our support
services. The proposed activity areas fully align with our stratggi¢ aims and objective8:
1: We wlll work to reduce the tlme It takes to be dlagnosod wlth a pltultary condltlon by
Increaslng awareness
Wewill focus on increasing awareness ofthe Pituitary Foundation and our seNices through tsrgeted
campaigns. We will also deliver al least two campaigns aimed at improving knowledge of pituitary
condrtions and health care needs in primary and secondary NHS settings.
2: We wlll empower •v•ry patlent to recelve the best care avallable to them. now and In
the future
Vve want more people to benefrt from our infomiation and support ser11￿S and will be increasing
investment in our hea￿h infomiation (print and other formats) and delivery of support groups and
get-togethers (online and in person).
We will amplfy the voice and experience of our community to effect positive change and will do this
through our advocacy and campaigns.
3: We wlll support all people wlth pltultary condltlons to Ilve well
The provision of psychological support services in 2024 will be evaluated and we exped to develop
this area of our activity further.
Page11
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• Pltultary
Foundation

THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
We will develop our offer for parents. children, and young people. This is likely to include health
information and opportunrties for engagement.
We will further develop our lifestyle support following engagement and involvement with our
community.
4: We wlll ensure The Foundatlon Is robust and Sustslnable
The delivery of these areas of activty is only possible because of the generosty of our donors and
supporters. The activities described above will increase our visibilty, awareness ofour support, and
drive further engagement and involvement.
Flnanclal revlew
a. OveNlew
In the face of continuing general economic and cost of living pressures, we again set a cautious break-
even budget for the 12 months to 30 June 2024.
Whilsl being pleased with our general financial performance through the year, in May 2024 we received
very substantial legacy of £278,000 from Ihe estate of Malcolm Glayzer, which has meant that we
have been able to record a large surplus this year. The charity extends its heartfelt thanks to the Glazer
family for this very significant legacy gift.
Wrth the help of this legacy, we are pleased to announce a net surplus for the year ended 30 June 2024
of £298.776 on income totalling £779,585. Excluding the legacy, we recorded income of £501,565, an
uplift of 3.10A on the previous year, and a net surplus of £20,776. The Trustees would like to extend
their thanks to the staff team, and in particular Head of Fundraising Jay Sheppard, for their contributions
in achieving such a good result in drfficult circumstances.
Jay oversaw another suc￿sSful programme of fundraising events, including the well liked Four Falls
walk in South Wales and a trek up Snowdon. These events were supplemented by an amazing array
of fundraising challenges completed by numerous supporters of the charity. some of which are
highlighted below. Once again, our many members and supporters exhibrted wonderful generosity in
donating to the charity, and we received significant donations from a numbef of Trusts and
Pharmaceutical companies.
As in previous years, the team managed our costs effectively, and we benefited from lower event costs
and from operating for periods without a full staff complement. Our total costs for the year were
£486,732.
Our accumulated reserves al the end of the year increased to £779.074. with unrestricted reserves of
£648,501. Our reserves policy, and our plans for investing funds, are sel out later in the section.
b. Incomlng resources
In 2023124 The Foundation made income of £779,565 compared to £486.512 in the previous financial
year.
c. Prlnclpal Rlsks and uncertalntles
The charty is highly reliant on donations from individuals, Trusts and Foundations and companies,.
these may be affected by broad economic and other circumstances over time. We manage a database
of more than thousand members and supporters and work hard to appeal to them for their support,
and we maintain strong relationships with a range of organisations many of which continue to support
the charity year on year.
Page 12
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• Pituitary
Foundation

THE PITUITARY FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 JUNE 2024
The Foundation receives some of its income from legacies,. by its nature this income stream is
unpredictable, and therefore the charty seeks to limit its reliance on this element of income, budgeting
for a modest amount of legacy income.
d. Funders
The Foundation enjoys an extraordinary level of support from its community. The Trustees express their
huge gratitude to all our donors.. members. donors, fundraisers, companies and Trusts and
Foundations. Wrthout this support we simply could not continue. Thank you.
There are a huge number of supporters, many of whom wish to remain anonymous. We would like to
recognize some of the generosity we have benefitted from during this financial year. This is not
complete picture, but hopefully gives a flavor of the support we enjoy.
e. Events and communlty fundralslng
Our events and communty fundraising returned to pre-pandemic levels, which was pleasing, and we
saw fundraisers take on all sorts of wondertul challenges. These included..
Abbie Lau ran the Battersea Half Marathon raising over £3,100; Alex Arkell took on the Edinburgh
KIl￿alk wrth her mum and dad, Jason and Amanda, and managed to raise £2,400.. Oscar Simpson
walked a whopping 400.000 steps during October and raised £1,300,. Jake Swingler ran the Leeds Half
Marathon and raised £1,500., Wayne Scammell look on a skydive and raised £1,050,. Vicky Endicott
swam the equivalent of the English Channel in the pool and raised £636., Sara Lomas ran the Robin
Hood Half Marathon and raised £800,. Ryan Fletcher ran the London Marathon raising £1.200, whilst
Rich Allen also ran the London Marathon raising £395. There were many other fantastic fundraisers
with this just being a snapshot.
During the year we were saddened to hear the news that long-term supporter and friend of the charity
Tim Vince had sadly passed away His wife Sarah set up a memorial collection in his honour and his
brother Ryan ran the London Marathon in his memory helping to raise well over £20.000 in memory of
Tim.
We had several charlty of the year partnershlps during the year including Boyce Hill Golf Club and
FCS Compliance which helped to raise over £8,000 between them.
Our Challeng• events were successful once again. Our annual trek up Snowdon saw a team of 21
managing to raise over £5,000 between them. Our sincerest thanks go to staff member Lottie Storey
for managing this event in the absence of our Head of Fundraising, and thanks also to Bryn Williams
Mountaineering for safely looking after our team.
The picturesque Four Falls Trek in the heart of the Brecon Beacons attracted 29 walkers from all over
the UK. The team enjoyed some of the most spectacular scenery in the UK and collectively raised
£6,000 for our charrty. Sincere thanks to all and thanks also to JT Expeditions for looking after our
group.
A team of daring individuals took on Zlpworld Veloclty in North Wales and collectively managed to
raise over £3.000.
We had a team of 14 who braved the heat of a Flre Walk held at Trago Mills in Merthyr Tydfil which
saw us raising over £4.000.
We introduced the Anfleld Absell to our events portfolio and saw a team of brave individuals ranging
in age from ten to seventy-five. The team included a fantastic singer, Paul Coles, who led a rendition
of the Liverpool FC anthem'you'll never walk alone" on top oflhe stadium, much enjoyed by everyone.
Collectively the team raised £11,247, and this will now become an annual challenge event for us.
Page 13
The
• Pituitary
Foundation

THE PIT
ITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
Glfts In Wllls. We received some extremely generous gifts in the wills of long-temi supporters, and we
would like to thank these individuals for kindly thinking of us. They were:
Peter Smith
Dr Linda Herbert
Malcolm Glayzer
Jane Hickford
Christopher Thompson
Donatlons. In addition to the considerable generosty of individuals, we are hugely grateful for
donations we have received from commercial companies, Trusts and Foundations. In particular, we
would like to thank..
Nationwide Foundation
National Lottery Awards for All- England
Garfield W88ton Foundation
St James, Place Foundation
Society for Endocrinology
The Kelton Trust
The NeTrghbourly Foundation
The Gledswood Charitable Foundation
Brandwells Construction
Lotus Charitable Foundation
The Gilander Foundation
The Christopher Lane Trust
The Mich881 and Anna Wix Charitable Foundation
The Sir James Roll Charitable Trust
Penllegaer Lodge Masonic Charitable Foundation
Sincere thanks to all of our pharmaceutical supporters that made donations during the period. They
included..
Diurnal £15,000 towards our paediatric work
HRA Pharma £4,000 towards the funding of Cu5hing'8 information content
Pfizer £19,680 toward5 our GP Awareness campaign
Sandoz £6.000 towards the updating of our publications
Sparrow Pharmaceuticals £3,900 towards the updating of our publications
Recordati Rare Diseases £7,000 towards the cost of our Cushing's Day in London
Recordati Rare Diseases £8,000 towards our psychological support services project
We work in line with A8PI guidelines in accepting funds from phamiaceutical companies.
The year ahead will be challenging and we will review our fundraising strategy, acknowledging the
immense value of our community in supporting our work.
f. Resources expended
The staff team, alongside the Finance Committee, y￿rkS hard to keep costs down, seeking competitive
quotes and adhering lo financial processes. Within our total costs figure this year, we spent £2,520 on
completing our new website.
Page 14
The
• Pituitary
Foundation

THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
g. Investment Pollcy and perfom7ance
We hold general and restricted funds in our main N8tWest and RBS bank accounts. We have some
modest sums with Monmouthshire Building Society, Julian Hodge Bank and Virgin Money.
We continue to use the excellent CAF Online deposits platfom to secure competitive savings rates
across a mixture of shorter and longer-term savings investments, which has increased our income and
allowed us to take advantage of increasing interest rates more effectively.
Our investments, which are ethically selected (in line with our Investment Policy) and managed by our
investment advisers Evelyn Partners, have improved in value over the course of the year. Our total
funds held with Evelyn partners at the year end were £99,344 and we have benefitted from an income
of £2,611 from these investments during the year.
All of the charity's funds are subject lo regular review by our Finance Sub Committee. The Trustees
have a confident expectation thal The Foundation will continue in operational existence for the
foreseeable future and have, therefore, used the going concern basis in preparing the financial
statements.
We have an Investment Policy, developed in line with Charity Commission guidelines and reviewed and
approved by the Finance Committee and Trustees. to which we continue to adhere. In particular, the
Policy..
excludes direct investment in Oil and Gas, Amiaments or Tobacco sectors
requires that the investment adviser seeks to ensure no investments are made into
companies whose activities comprise rn0￿ than 5 % coal extraction, alcohol or tobacco
production, gambling or animal testing
requires, where monies are invested in funds, the investment adviser to target funds with
positive ethical and environmental objectives.
h. Reserves pollcy
We plan to retain free operational reserves representing 9 months of our annual operating costs,
equating to around £400,000. The remaining funds, known as the Development Reserve, are available
for investment in the chanty's infrastructure, resources and patient support.
Total restricted funds held at the year end were £130,573. Free resenies are calculated as unrestricted
reserves less designated funds and fixed assets. Following the strong financial result this year,
enhanced by receipi of the large legacy from the Glazer family. the Foundation's free reserves al 30
June 2024 increased to £646,56012023'. £410.010). These represented 162 % of our free operational
reserves target.
As a result, our Development Reserve increased to £246,560 al the year end. Our CEO and Trustees
are determined to make use of this substantial Reserve to accelerate achievement of our strategic goals
and optimise the services which the charity provides. Accordingly, the following areas have been
identified in which we Intend to invest the majority of these Development Reserve funds over the next
two to three years..
1. Awareness.. resource to develop our use of data with a view to inC￿8$1ng awareness,. to
deliver strategic awareness campaigns focused on our services., and to deliver targeted
campaigns focused on specific condrtions and healthcare needs.
2. Best Care.. resource to review, update. and develop our portlolio of health information,
working in conjunction wrth our Lived Experience and Medical Committees., to develop our
work in policy and research in order to promote this and communicate it effectivety to, the
pituitary communily.
3. Support: resource to build on our core services-to review and develop our support services.
adding new elements where appropriate; develop and expand our lifestyle support services,.
Page 15
The
Pituitary
Foundation

THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
investing in our volunteers.
The Reserves policy was reviewed in the financial year to ensure rt remains appropriate to the
Foundations needs and the wider economic landscape.
structure, governance and management
a. Governlng document
The Pituitary Foundation was established in 1994 and became a Company Limited by Guarantee and
a Registered Charity in 1996. It is, therefore, governed by company law and the Charty Commission.
Its governing documents are its Memorandum and Articles of Association.
Membership is encouraged and is open to all who wish to support The Pituitary Foundation,. however,
the principal seNices provided are available to all who require them regardless ol membership.
b. Appolntment of Trustees
At each General Meeting IGM), one third of the Trustees retire by rotation. Any member of The
Foundation may nominate any other member for a vacant Trustee position. If there are more
nominations than vacancies, members are balloted, and the result announced at the GM. In addition,
the diversty and skills required by the Board are monitored by the Trustees and any identrfied under-
representation that occurs may result in advertising for prospective trustees that meet the specification.
Trustees may then be co-opted onto the Board until the next GM at which time they must stand for re-
election.
c. Trusts8 Inductlon and tralnlng
Trustees are inducted within three months of electlon. They are inducted online or at the Bristol Office.
At induction, members of staff and representatives from the Trustees work with the new Trustee to
explain the business, sep4ices. aims and objectives of The Foundation. At the time of induction, each
Trustee is given a Trustee Induction Pack. Trustee Iraining is undertaken on an ad hoc b8SiS.
d. Organlsatlon
The Board of Trustees governs The Foundation. It comprises up to frfteen members, who are also
Directors ofthe Company. A limit of one third has been set on the number of Trustees who are employed
in the health sector to ensure strong representation of patients and carers. At ￿port date there were
two Trustees employed in the heatth sector. The Board of Trustees holds meetings a minimum of three
times per year. The Trustees have appointed four Officers of The Foundation. These comprise the
Chair, the Vice Chair, the Secretary and the Treasurer.
The Trustees debate and make decisions based on recomrnendations brought to Trustee meetings and
infomied by the wider staff, relevant Committees and relevant infonnation.
The Foundation is a member of..
Helplines Partnership
The National Council for Voluntary Organisations (NCVO)
Charity Finan￿ Group (CFG)
and is affiliated with the Society for Endocrinology.
The charity is registered with the Fundraising Regulator and the Foundation's Head of Fundraising is a
member of The Institute of Fundraising.
Page 16
The
• Pituitary
Foundotion

THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED
NE 2024
The Foundation has sub-committees, which report to the Trustees through their respective Chairs.
Each sub-committee has Terms of Reference (TOR).
The Medlcal Commlttee
Our volunteer Medical Committee is made up of endocrine and related medical professionals who
provide invaluable expertise answering complicated patient queries, speaking at conferences, writing
articles for our magazine. Pituitary Life, and content for our website and booklets. The Foundation
understands the members of our Medical Committee are professionals with demanding occupations
and we are indebted to them for all of their time and effort working with stsff and other volunteers to
provide support to the pituitary community.
Members of the Medical Committee..
Prof Stephanie Baldeweg, Chair
(Consultant Endocrinologist>
University College London Hosprt81,
London
Dr Robert Murray deputy Chair
Consuttant Endocrinolo
1st
Leeds Royal Infirmary
Aberdeen Royal Infirmary, And The
Pituita
Foundation
Ro
al Cornwall Hos
ital, Truro
Churchill Hos
ital Oxford
Alison Milne (Endocrine Specialist Nurse)
Dr Jonathan Pinkne
Consultant Endocrinolo
Prof. John Wass
Consultant Endocrinol
1st
Dr Sue Jackson (Independent Chartered
Ps
cholo
Dr Anna Crown {Consultant Endocrinologist &
Honora
Clinical Senior Lecturer
Dr Indi Baner ee
Paediatric Endocrinol
1st
Sherwin Criseno {Advanced Nurse PractitionerlLead
Nurse in Endocrinolo
Dr Niki Karavitaki (Senior Clinical Lecturer &
Consultant Endocrinolo
1st
Pauline Whittingham (Specialist Endocrine Nurse)
until Janua
2024
Darshna Patel
ecialist Endocrine Nurse
Aldons Chua
Endocrine S
ecialist Nurse
Vanessa Quinn
Endocrine S
ecialist Nurse
Dr Sofia Llahana
Mr Omar Pathmanaban
Pituita
Fiona Cains
Pituita
Sur
Dr Alex Stilwell
Anesthetist
Dr Matthew Heppel (Advanced Clinical Diabetes &
Endocrinol
Pharmacist
Dr Philip Newland-Jones {Consultanl Pharmacist in
Diabetes & Endocrinol
1st
Winterbourne, Bristol
Brighton and Sussex Universty Hospitals
NHS Trust
al Manchester Children's Hos
ital
Queen Elizabeth Hospital, Birmingham
Queen Elizabeth Hospital, Birmingham
The Pituitary Foundation
The Pituita
Foundation
The Pituita
Foundation
The Pituita
Foundation
Universit Colle
e London Hos
Salford Ro
al Hos
Salford Ro
al Hos
Kin
s Colle
eHos
itals
Sur
eon
ecialist Nurse
ilal
ital London
Hull University Teaching Hospitals
University Hospitals Southampton NHS
Foundation Tfust
University of Leicester, Consultant
Ph
sician and Endocrinolo
1st, UHL
Professor Miles Levy (Prof of Clinical Endocrinology)
The Flnance Commlttee
The Finance Committee reports to the Board and assists the Operations and Finance Manager and
CEO in the review of budgets and the management of the finances. The Finance Committee is chaired
by Phil Rouse, Honorary Treasurer, and rts members include Tom Sumpster, Chair, Alasdair
Mackintosh, Vice Chair and trustee Hilary Frazer (until her retirement in June 2024)- The CEO and
relevant staff members may be in attendance. This Commtttee reviews the financial position on a
quarterly basis and meets as and when required {at least quarterly).
Page 17
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• Pituitary
Foundation

THE PIT
ITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUN
024
Most of the dealings of the Finance Committee are carried out online.
Tho Llvod Experlence Commlttee
We have worked to establish the Lived Experience Commrttee (previously known as the Patient
Committee} to inform and advise on our work and services. The Committee has a Temis of Reference,
and comprises people living wilh a range of pituitary conditions from a range of backgrounds to
represent the breadth of the community we serve. The reporting mechanism and input of the committee
will be established in the coming months.
e. Volunteers
We have about 100 active volunteers supporting our work this year. Volunteers give their time on
committees, as trustees, as office volunteers, helpline call takers, support group leads, ambassadors
and fundraisers. Volunteers deliver vital roles, generously sharing their lived experience and knowledge
of the patient pathway to support people with recent diagnoses, their friends and families, as well as
longer term pituitary patients.
Wa slmply could not do the work we do without the energy, commitment and generosty of each one of
the3e people. The Trustees would like to extend heartfelt thanks to each person for their time and
kindness being involved in our work.
We are pleased to have a volunteer coordinator replacing Kim Wegner who left during the year. Kim
led excellent training for volunteers during the year- we had hoped to have rt in person for the first time
since the pandemic, but train strikes sadly changed our plans. Regular catch ups for volunteers are
held, often supported by Sue J8ck8on, and resources are in place to support our volunteers more
broadly.
f. Staff Employ
As of 30 June 2024 The Foundation employed ten members of staff (7 FTE)..
Chief Executive Officer
Helen Renwick (Ron)
Head of Support Services
Pat McBride
Head of Fundraising
Jay Sheppard
Operations and Finance Manager
Gabrielle Welland
IT and Systems Manager
Martin Cookson
Endocrine Specialist Nurse
Darshna Patel
Endocrine Specialist Nurse
Aldons Chua (from 15 April 2024)
Endocrine Speci81ist Nurse
Vanessa Quinn (from 30 May 2024)
Communications Officer
Lottie Storey
Administrator
Stephanie Gauvin (from 18 September 2023)
During the year our Administrator, James Charlick, left the charty. Pauline Whittingham, our
Endocrine Specialist Nurse left in January and Kim Wegner, Volunteer and Events Coordinator, left in
March. We are hugely grateful for the contribution each made to our work. Each directty and
indirectly supported our community and will be missed by our team and communty.
Claudia Tavella joined us as a paid int8rn from UIOE and subsequently undertook some paid contract
employment supporting our communications work.
Our Chief Executive, Ren, gave notice of her resignation before the year end, and we are pleased to
confinn that a new CEO, Emma Cooper has joined us in July 2024.
Page 18
The
• Pituitary
Foundation

THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
The Charity's staff has a clear line management reporting structure to the CEO, who reports to the
Board of Trustees through the Chair. The CEO and the Chair of the Trustees meet online or in person
on a regular basis.
There are clear reporting lines for all staff, and regular 1-1 's supporting an annual appraisal process.
Staff wellbeing is central to the culture of our work and staff benefits have been reviewed to include
access to an EAP programme, 30 days annual leave, flexible working and 50/0 pension contributions.
Salaries are reviewed annually and benchmarked againsl similar roles either in the Bristol area, or in
the NHS for specialised nurse roles. Recommendations for pay increases, or new salaries where a role
is being advertised, are made by the CEO for review by the Finance Committee and remitted to the
Trustee Board for approval.
The team are supremely dedicated and bring a huge amount of energy and commitment to their work,
supporting and seeking the best outcomes for all people living with pituitary conditions and their support
nehvorks. The Trustees would like to thank them for their ongoing dedication and hard work.
g. Rlsk management
The Foundation maintains a current and comprehensive Risk Register. Management of this register is
held jointly by the Chair of the Trustees and the CEO. The Register is reviewed on a regular basis and
is reported on quarterly to the Board of Trustees, including established controls and actions to mitigate
relevant identified risks.
Page 19
The
• Pituitary
Foundation

THE PITUITARY FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
TRUSTEES. RESPONSIBILITY STATEMENT
The Trustees (who are also the directors of The Pituitary Foundation for the purposes of company law)
are responsible for preparing the Trustees. Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland"
Company law requires the Trustees to prepare financial statements for each financial year which give
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that
period. In preparing those financial statements, the Trustees are required to
select suitable accounting policies and then apply them consistently;
ob8eNe the methods and principles in the Charty SORP.,
make judgements and estlmates that are reasonable and prudenl;
prepare the financial Ststements on the going concern basis unless It Is Inappropriaie to presume that
the charitable company will continue in business.
The Trustees are re8pon8ible for keeping proper accounting records which disclose wfth reasonable
accuracy at any time the financial position ofthe charitable company and to enable them to ensure that
the financi81 statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Trustees, report, incorporating a strategic report, approved by order of the board of trustees, as the
company directors, on .l.l*M.....K¥J.dm.i£r...20ZIÈ.... and signed on the Board's behalf by..
Mr T Sumpster- Trustee
Page 20
The
• Pitultary
Foundation

INDEPENDENT EXAMINER'S REPORT T
TH
THE PITUITARY FOUNDATION
TRUSTEES OF
Independent axaminerfs report to the trustees of The Pltultary Foundatlon (Ihe Company.)
I report to the charty truslee5 on my examination of the accounts of the Company for the year ended
30 June 2024.
Responslbllltles and basls of report
As the charty's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the
2011 Act.
Independent examlnerfs statement
Since your charty's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountsnts in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as requlred by Section 386 of the 2006
Act., or
the accounts do not accord with those records,. or
the accounts do not comply with the accounting requirements of Section 398 of the 2006 Act other
than any requirement that the accounts glve a true and fair view which is not a matter considered as
part of an independenl examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities {applicable to charities preparing
their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connectlon wrth the examination to which
attention should be drawn in this report in order to enable a proper understsnding of the accounts to be
reached.
CIL((EL
C Moelyryn-williams, 8Sc FCA
Page 21

THE PIT
ITARY FO
NDATI
TATEMENT OF FINANCIAL ACTIVITIE
INCORPORATING AN INCOME AND EXPENDITURE ACCOUN
FOR THE YEAR ENDED 30 JUNE 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Voluntary income
596,222
482
596,704
376,853
Charltable actlvltles
General
38,760
92,274
131,034
81,999
Activities for generating funds
Investment income
39,523
39,523
43,263
Total
686,809
92,756
779 565
EXPENDITURE ON
Costs of Generating Voluntary Income
119,272
1,059
120,331
134,600
Charltable actlvttle8
General
Total
454,261
486.732
Net gainsl(1088e81 on investments
NET INCOMEI(EXPENDITUREI
238,491
60,285
298,776
(19,836)
RECONCILIATION OF FUNDS
Total funds brought forward
410,010
70,288
480,298
499,934
TOTAL FUNDS CARRIED FORWARD
130,573
779 074
480 298
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes fom part of these financial statements
Page 22

THE PITUITARY FOUNDATION
REGISTERED NUMBER: 032
STATEMENT OF FINANCIAL POSITION
30 JUNE 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
Investments
14
15
1,941
99,344
101,285
91,376
CURRENT ASSErs
Debtors
Investments
Cash at bank
5,458
119,000
571,423
5,282
17
417.203
895,881
422,485
CREDITORS
Amounts falling due within one year
18
(18,092)
(33,583)
NET CURRENT ASSETS
677,789
388 922
TOTALASSETS LESS CURRENT
LIABILITIES
779,074
480,298
NET ASSETS
779,074
480 298
FUNDS
Unrestricted funds
Restricted funds
21
648,501
130 573
410,010
70,288
TOTAL FUNDS
779,074
480 298
The charitable company is entitled to exemption from audit under Section 477 01 the Companies Act 20¢K for
the year ended 30 June 2024,
The members have not required the company to obtain an audit of its financial statements for the year ended
30 June 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and
387 of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply wrth the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
(b)
The financial statements were approved by the Board of Trustees and authorised for issue on
.I.ILl*& WtMW....IQW......... and were signed on its behalf by..
Mr T Sumpster - Trustee
Mr P Rou8e- Trustee
The notes form part of these financial statements
Page 23

THE PITUITARY F
NDATI
STATEMENT OF CASH FLOWS
R THE YEAR ENDED 30 JUNE 2024
2024
2023
Notes
Cash flows from operatlng actlvlties
Cash generated from operation5
275,294
10,091
Net cash provided byl{used in) operating activities
275,294
10,091)
Cash flows from Inve8tlng actlvltles
Purchase of tangible fixed assets
Purchase of fixed asset inveslment8
Sale of fixed asset investments
Purchase of current asset investments
Interest received
12.426)
{63,3761
61,351
{119,0001
2,377
(2,669)
600
Net cash {used in)Iprovided by investing activities
121074)
600
Change In cash and cash •qulvalents
In the reportlng perlod
Cash and cash equlvalents at the
beglnnlng of the r•portlng perlod
154,220
(9,491)
417 203
426,694
Cash and cash equlvalents at the and
of the reportlng perlod
571423
417203
The notes fomi part of these financial statements
Page 24

THE PIT
ITARY FOUNDATION
NOTES TO THE STATEMENT OF CASH FLOWS
R THE YEAR ENDED 30 JUNE 2024
RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net Incomel(expenditure} for the reportlng perlod (as per the
Statement of Financial Activitias)
Adjustments for:
Depreciation charges
{Gain)Ilosses on investments
Interest received
Increase in debtors
{Decrease)lincrease in creditors
298,776
(19,636)
485
(5.943)
(2,377)
(176)
15,471
1,889
(2,669)
{1,381)
11,706
Nat cash provlded byl(u$od Inl operatlons
10,091)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.7.23
Cash flow
At 30.6.24
Net cash
Cash at bank
417 203
154,220
571423
417 203
154,220
571423
Llquld resources
Deposits included in cash
Current asset investments
119 000
119000
119 000
119000
Total
417 203
273 220
690,423
The notes form part of these financial statements
Page 25

THE PITUITARY FOUNDATION
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES
Basls of preparlng the financlal statements
The financial statements of the charitable company, which is a public benefrt entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by
Chaflties.. Stalement of Recommended Pradice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102} {effeclive 1 January 2019}', Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention, with the exception of investments which are
included at market value, as modified by the revaluation of certain assets.
Flnanclal reportlng standard 102 - reduced dlsclosure exemptlons
The charitable company has taken advantage of the following disclosure exemptions in preparing
these financial statements, as pemiitted by FRS 102 'The Financial R8POrting Standard applicable in
the UK and Republic of Ireland,:
the requirement of paragraph 3.17(dl',
the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.481a)(iii), 11.48{a)(iv), 11.48lb)
and 11.48(c)',
the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A:
the requlrement of paragraph 33.7.
Income
All income is recognised in the Statement of Financial Activrties once the charlty has entitlement to the
funds, It 18 probable that the income will be received and the amount can be measured reliabty.
Exp•ndlture
Liabilrties are recognised as expenditure as soon as there 18 a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economr benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classffjied under headings that aggregate all cost
related to the category. 1OJhere costs cannot be directly attributed to particular headings they have
been 811ocated to activities on a basis consistent with the use of resources.
Tanglble tlxed assets
Depreciation is provided at the following annual rates In order to write off each asset over its
estimatgd useful life.
Computer equipment- 5 years straight line
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes wtthin the objects of the charity.
Restrictions arise when specrfied by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Penslon costs and other post-retlrement beneflts
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Activrties in the
period to which they relate.
Page 26
continued...

THE PITUITARY FOUNDATI
NOTES TO THE FINANCIAL STATEMENTS - contlnued
R THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES - continued
Investments
Assets held for investment purposes are valued at market value at the balance sheet date. Nel gains
and losses arising on revaluation and disposals during the year are included in the statement of
financial activities.
Cash at bank and In hand
Cash at bank and in hand includes cash and short-term highly liquid inveslments with a short maturity
of three months or less from the date of acquisition or opening of the deposrt or similar account.
Flnanclal Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
Debtors
Trade and other debtors are recognised at the settlement amount after 8ny trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts dua,
0￿ratIng Loasos
Rentals under operating leases are charged to the statement of financial activitles on a stralght line
basis over the lease temi.
VOLUNTARY INCOME
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Donations
Gifta
Legacies
Membership
Sundry income
226,742
35,538
298,095
31,699
482
227.224
35,538
298,095
31,699
282,403
28,244
36,155
29,056
995
596 222
482
376 853
Included within unrestricted voluntary income is £nil (2023.. £nil) of income raised by the local
support groups.
Voluntary income in the prior year included £347,034 of unrestricted income and £29,819 of restricted
income.
ACTIVITIES FOR GENERATING FUNDS
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Lottery & raffle proceeds
Merchandise proceeds
24,537
14,986
24,537
31,184
39 523
39.523
43 263
Activities for generating fvnds in the prior year included £43,263 of unrestricted income and no
restricted income.
Page 27
continued...

THE PITUITARY FOUNDATI
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 JUNE 2024
INVESTMENT INCOME
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Bank interest receivable
Dividend Income
Investment Income
9,927
1,994
383
9,927
1,994
383
1,728
2,471
198
12,304
12,304
4,397
Investment income in the prior year included £1,728 of unrestricted income and no restricted income.
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Total
activiiies
General
Grants
Publications
131,034
61,545
454
61.999
Income from charitable activities in the prior year included £21,593 of unrestricted income and
£40,406 of restricted income.
COSTS OF GENERATING VOLUNTARY INCOME
Costs of ganeratlng voluntary Income
2024
Totsl
funds
2023
Total
funds
Unrostricted Restricted
funds
funds
Stsff costs
Event costs
Online giving fees
Printing, postage & promotion costs
Other staff costs
Local Support Group costs
86,878
7,091
5,273
5,995
5,055
27
86,878
7,215
5.273
6,545
5,440
27
81,009
16,631
5,154
4,693
7,976
124
550
385
110,319
1,059
111,378
115,463
Costs of generating voluntary income in the prior year included £115,463 of unrestricted costs and no
restricted costs.
Page 28
continued...

THE PITUITARY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continu
FOR THE YEAR ENDED 30 JUNE 2024
COSTS OF GENERATING VOLUNTARY INCOME - contlnued
Fundraising tradlng: costs of goods sold and other costs
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Purchases
8,953
8,953
19,137
Costs of goods sold and other costs in the prior year included £19,137 of unrestricted costs and no
restricted costs.
Aggregate amounts
119,272
1,059
120,331
134,600
CHARITA8LE ACTIVITIES COSTS
Direct
Costs {see
note 8)
Support
costs (see
note 9)
Totals
General
139 959
368 401
Charitable activities costs in the prior year were £369,059, made up of £298,787 of unrestricted costs
and £70,292 of restricted costs.
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff costs
Staff training
Publication costs
Depreciation
114,964
11,815
12,695
485
102,364
2,232
14,284
139959
118,880
SUPPORT COSTS
Governance
costs
Other
Totals
General
194,377
32,065
226,442
Page 29
continued...

THE PIT
ITARY F
NDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
SUPPORT COSTS - continued
Support costs, included in the above, a￿ as follows..
other
2024
2023
Totsl
activities
General
Wages
Social security
Pensions
Rent payable under operating leases
Insurance
Telephone, photocopier, postage &
off￿e supplies
Sundries
Bank charges
Website & online
Other staff costs
Sthare licences & expenses
Equipment
Professional fees
Flnance & HR consultancy
Accommodation, travel & subsistence
Membership subscriptions
Foreign exchange (gain)11088
PR & Branding
77,559
5,710
3,821
21,866
4,578
71,726
5,328
3,545
5,994
3,152
13,882
410
3,729
9,655
12,007
20,604
13
10,473
3,173
3,896
2,579
18,416
1.488
2,699
21,635
13,485
35,723
55
7,038
18,854
3,753
2,277
197
422
Governance costs
2024
2023
Total
activitles
General
Wages
Social security
Pen5ion8
Independent Examination fees
Other governance costs
Trustee training
23,230
2,084
1,162
2,850
1,419
1,320
22,423
2,000
1,127
1,710
455
32,065
10. NET INCOMEI(EXPENDITURE
Net incomel(expenditure) is stated after chargingllcrediting)..
2024
2023
Depreciation - owned assets
485
Page 30
continued...

THE PITUITARY FOUNDATIO
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 JUNE 2024
11. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 30 June 2024 nor for the
year ended 30 June 2023.
Trustees, exponsas
During the year two Trustees received reimbursement of expenses amounting to £145 {2023 - £270>.
12. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
281,167
21,013
259,065
18,836
315408
289,522
The average monthly number of employees during the year was as follows..
2024
10
2023
10
Core activities
No employees received emoluments in excess of £60,000.
The key management personnel of the charty comprise the Chief Executive Officer, the Head of
P8tient and Family SeNices and the Head of Fundraising. The total employee benefits of the key
management personnel of the charity were £160,534. {2023.' £157,893).
13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Voluntary income
347,034
29,819
376,853
Charltable actlvltle8
General
21,593
40.406
61,999
Activities for generating funds
Investment income
43,263
4,397
43,263
Total
416 287
486 512
EXPENDITURE ON
Costs of Generating Voluntary Income
134,600
134,600
Charltable actlvltles
General
299,367
Total
433,967
70.292
504.259
Net gainsl{losses) on investments
1,889
NET INCOMEIIEXPENDITURE)
(19,569)
(67)
{19,636)
Page 31
continued...

THE PIT
ITARY FOUNDATION
TES TO THE FINANCIAL STATEMENTS - c
FOR THE YEAR ENDED
NE2
24
13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - contlnued
Unrestricted Restricted
fund
funds
Total
funds
Transfers between funds
5,158
5.158
Net movement In funds
{14,411)
15,225)
(19,636)
RECONCILIATION OF FUNDS
Total funds brought fO￿ard
424,421
75.513
499,934
TOTAL FUNDS CARRIED FORWARD
410,010
70,288
480,298
14. TANGIBLE FIXED ASSETS
Fixtures
and
frttings
Computer
equipment
Totals
COST
At 1 July 2023
Additlons
47,309
1,522
48,831
At 30 June 2024
DEPRECIATION
At 1 July 2023
Charge for year
47,309
485
1,522
48,831
485
At 30 June 2024
1,522
49,316
NET BOOK VALUE
At 30 June 2024
1,941
1,941
At 30 June 2023
16. FIXED ASSET INVESTMENTS
Cash and
settlements
pending
Unlisted
investments
Totals
MARKET VALUE
At 1 July 2023
Additions
Disposals
Revaluations
91,376
28,860
(27,7491
91,376
63,376
(61,351)
34,516
(33,602)
At 30 June 2024
98,430
914
NET BOOK VALUE
At 30 June 2024
98,430
914
99,344
At 30 June 2023
91,376
91,376
440/0 of the investment value is held within the UK. The remainder is held in ov8rseas investments.
Page 32
continued...

THE PITUITARY F
UNDATI
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 JUNE 2024
15. FIXED ASSET INVESTMENTS- contlnued
Cost or valuation at 30 June 2024 is represented by..
Cash and
settlements
pending
Unlisted
investments
Totals
Valuation in 2024
Cost
5,943
92,487
5,943
93,401
914
98,430
914
99,344
16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Prepayments and accrued income
17. CURRENT ASSET INVESTMENTS
2024
2023
Unlisted investments
119 000
18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
6,390
8,889
1,666
12,077
12,507
1,859
33,563
Deferred income in the prior period included income of £5,290 received in relation to the current
financial year ended 30 June 2024. This income has been released in full during this financial year.
19. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due 85 follows..
2024
2023
wrthin one year
Be￿een one and five years
23,975
24,194
60,350
70,350
84.544
Page 33
continued...

THE PITUITARY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - contlnued
R THE YEAR ENDED 30 JUNE 2024
20. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
funds
Fixed assets
Investments
Current assets
Current liabilities
1,941
99,344
565,308
18.092)
1,941
99,344
695,881
18,092)
91,376
422,485
33,563)
130,573
648,501
130,573
779,074
480,298
21. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
be￿een
funds
At
30.6.24
At 1.7.23
Unrestrlcted funds
General fund
410,010
238,491
848,501
Restrlcted funds
Endocrine Nurse helpllne
Publications
Society for Endocrinology
2nd Endocrine Nurse Helpline
Legacy - Solent & IOW Support Group
Paediatric Endocrine Nurse
Cushing's Disease Day
GP Professional Development
Nl Support Group
Paediatric Work
Psychological Support
Cushings Inforniation Content
16,291
22,487
(14,438)
8,954
615
(3,714)
1,853
31,441
615
3,714
7,950
19,846
7,950
(19,846)
6,878
11,180
152
15,030
31,630
6,876
11,180
152
34,876
31,630
19.846
70,288
130 573
TOTAL FUNDS
480,298
298 776
779,074
Page 34
continued...

THE PITUITARY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - contlnued
R THE YEAR ENDED
NE2
24
21, MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
686.809
1454,261)
5,943
238,491
Restrlcted fund8
Endocrine Nurse helpline
Publications
Society for Endocrinology
2nd Endocrine Nurse Helpline
Cushing's Disease Day
GP Professional Development
Nl Support Group
Paediatric Work
Psychological Support
Cushings Inforniation Content
114,4381
{945)
{385)
(3,714)
{124)
(8,500)
{14,438)
8,954
615
(3,714)
6,876
11,180
152
15,030
31,830
9,899
1,000
7,000
19.680
152
15,030
35,995
(4,385)
TOTAL FUNDS
779 565
488 732)
298 776
Comparatlves for movement In funds
Net
movement
in funds
Transfers
betsveen
funds
At
30.8.23
At 1.7.22
Unrestrlcted funds
General fund
424,421
(19,569)
5,158
410,010
Restrlcted fund8
Endocrine Nurse helpline
Issy Appeal
Patient Info Helpline
Publications
Volunteer Training
Society for Endocrinology
2nd Endocrine Nurse Helpline
Legacy- Solent & IOW Support Group
Legacy- Nurse helpline
Paediatric Endocrine Nurse
(11,166)
27,457
(2,725)
131
16,291
2,725
1131)
(2,017)
24,504
2,997
22,487
(2,997}
433
{433}
(6,186)
9,880
7,950
27,457
3,714
7,950
(27,457)
19,846
19,846
75,513
67
5,158
TOTAL FUNDS
499,934
19,638)
480,298
Page 35
continued...

THE PITUITARY F
NDATION
TES TO THE FINANCIAL STATEMENTS - c
FOR THE YEAR ENDED 30 JUNE 2
24
21. MOVEMENT IN FUNDS- contlnued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
416,287
{433,967)
(1,889)
(19,569)
Restrfcted funds
Endocrine Nurse helpline
Patient Info Helpline
Publications
Society for Endocrinology
2nd Endocrine Nurse Helpline
Awareness month 2022
Paediatric Endocrine Nurse
Website funding
5,853
(17,0191
(1311
(16,923)
(4331
18,2861
(12,500)
(11,168)
1131)
(2,017)
{433)
(6,166)
14,906
2,120
12,500
19,846
19,846
15000)
67
TOTAL FUNDS
486,512
19,636)
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
betr￿een
funds
At
30.6.24
At 1.7.22
Unr•8trlcted funds
General fund
424,421
218,922
5,158
648,501
Restrlctod funds
Endocrine Nurse helpline
Issy Appeal
Patient Info Helpllne
Publications
Volunteer Training
Society for Endocrinology
2nd Endocrine Nurse Helpline
Legacy- Solent & IOW Support Group
Legacy- Nurse helpline
Paediatric Endocrine Nurse
Cushing's Disease Day
GP Professional Development
Nl Support Group
Paediatric Wo
Psychological Support
Cushings Infomiation Content
(25,604)
27,457
12,725)
131
1,853
2,725
1131)
6,937
24,504
2,997
31,441
{2,997)
433
182
(9,880)
615
9,880
7,950
27,457
7,950
127,457)
119,848)
19.846
6,876
11,180
152
15,030
31,630
4,000
6,876
11,180
152
34,876
31,630
19,846
75,513
5,158
130,573
TOTAL FUNDS
499,934
279,140
779,074
Page 36
continued...

THE PITUITARY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
THE YEAR ENDED 30 JUNE 2024
21. MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestrlcted funds
General fund
1,103,096
(888,228)
4,054
218,922
Restrlcted funds
Endocrine Nurse helpline
Patient Info Helpline
Publications
Society for Endrxrinology
2nd Endocrine Nurse Helpline
Awareness month 2022
Paediatric Endocrine Nurse
Website funding
Cushing's Disease Day
GP Professional Development
Nl Support Group
Paediatric Work
Psychological Support
Cushings Information Content
5,853
(31,457)
(1311
(17,868)
(8181
(12,000)
(12,500)
(25,804)
(131)
6,937
182
{9,880)
24,805
1,000
2,120
12,500
19,846
15,000
7,000
19,680
152
15,030
35,995
4,000
19.846
(15,000)
1124)
(8,500)
6,876
11,180
152
15,030
31,630
(4,385)
162 981
102 763
TOTAL FUNDS
1266 077
990,991)
279 140
Pu
ose of funds
Unrestrlcted r6venue funds:.
These funds are held for meeting the objectives of the charity, and to provide reserrfes for future
activities, and, subject to charity legislation, are free from all restrictions on their use.
Restrlcted fund8:.
Endocrine Nurse Hel line
A specialist endocrine nurse helpline service for pituitary patients, carers, family and the wider
piiuitary communty.
Iss
A fundr818ing appeal raising money in Isabella Andrews, name.
P tient Info Hel lin
Helplines seplice delivered by telephone, email and text.
Publications
The charity provide8 various booklets, factsheets and other information publications.
V lunteer trainin
Funding to deliver training to our team of volunteers.
lent
IOW Su
ort Grou
Legacy income received to specifically support the Solent & IOW support group
Page 37
continued...

THE PITUITARY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 JUNE 2024
21. MOVEMENT IN FUNDS - contlnued
ac
Publications
Legacy income received to be used for publications
Le
ac
Nurse hel line
Legacy income received to be used for the nurse helpline
Awareness Month 2022
Funding to support with the delivery of Awareness Month in October 2022.
Societ for Endocrinolo
Funds received to cover expenses related to attendance at the BES Conference in November 2024.
hin
's Disease D
Funding provided for delivery of a support event in London for Cushing's patients.
GP Prof
ssional Develo
nt
Funding provided for the provision of an outsourced training event for all UK GP'S focused on pitUFtary
illnesses.
NISU
Funds given for use by the Northern Ireland Support Group In providing the Group's services to
pituitary patients and their families and carers in Northern Ireland.
tric Work
Funds provided for the charity's work in supporting children and young people, and their families and
carers.
Ps
cholo
ical Su
ort
Funds for the provision of counselling and other psychological support services, provided In
conjunction with Rare Minds, a charity with expertise in providing psychological support for patients
suffering from rare diseases.
nf
ontent
Funds received for the creation of Informative media regarding Cushing's Disease.
22. EMPLOYEE BENEFIT OBLIGATIONS
The company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. The pension cost
charge represents contributions payable by the company to the fund and amounted to £12,066 {2023'.
£12,397). Contributions totalling £1,96812023'. £2,023) were payable to the fund at the balance sheet
date and are included in creditors.
23. RELATED PARTY DISCLOSURES
There were no identified related parties other than the trustees. Details of any payments to trustees
are detailed in note 11. The total amount of donalions received without condilion from the trustees
during the year was £290 {2023.' £820).
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continued...

THE PIT
ITARY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continuad
R THE YEAR ENDED 30 JUNE 2024
ULTIMATE CONTROLLING PARTY
The Pituitary Foundation is a company limited by guarantee governed in accordance wrth its
Memorandum and Article5 of Association.
The charitable company is wholly controlled by tts members, who are also trustees of the charity.
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