OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Company registration number: 04404798 Charity registration number: 1097599

Verity The Polycystic Ovaries Self Help Group

known as

Verity

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 March 2025

Verity The Polycystic Ovaries Self Help Group

known as Verity

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 4
Accountants' Report 5
Statement of Financial Activities 6 to 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 21

Verity The Polycystic Ovaries Self Help Group

known as Verity

Reference and Administrative Details

Charity Registration Number 1097599
Company Registration 04404798
Number
The charity is incorporated in England & Wales.
Registered Office 74A Station Road East
Oxted
Surrey
RH8 0PG
Accountants Smart Accounting & Tax Solutions LLP
Chartered Accountants
74A Station Road East
Oxted
Surrey
RH8 0PG

Page 1

Verity The Polycystic Ovaries Self Help Group

known as Verity

Trustees' Report

The Trustees, who are Directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the Charitable Company for the year ended 31 March 2025.

Objectives and activities

Objects and aims

The principal activity and objectives of the Company in the year under review was that of the provision of information regarding polycystic ovarian syndrome (PCOS). This is primarily provided as digital booklets, an active social media presence and online webinars. The Charity continued to work with professional organisations on furthering the research, treatment guidelines and wider agenda for PCOS including Monash University, Androgen Excess and Polycystic Ovary Syndrome (AE-PCOS) Society, Women’s Health Coalition in Wales and the European Society for Endocrinology. The Charity maintained international and national collaborations with other patient advocacy groups, and with medical researcher teams as co-applicants on several major research projects. This includes the prestigious project that is changing the name of the condition globally and Verity are the only patient group as the co-applicant.

Public benefit

During the year the Charity has reached approximately 55,300 users on Facebook and approximately 34,961 users on Instagram – excluding the reach within our own private Facebook Groups. The website received approximately 46,000 website visits during the year. Website traffic has increased from directions to the site for the JLA survey and shopfront. Additionally, over 200 information packs with digital booklets regarding polycystic ovarian syndrome were distributed to supporters.

The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

Verity The Polycystic Ovaries Self Help Group

known as Verity

Trustees' Report

Trustees and officers

The Trustees and officers serving during the year and since the year end were as follows:

Trustees: R Morman, Chairman C Andrews A J Wilcox N J Smart Secretary: C Andrews

Structure, governance and management

Nature of governing document

This is a Company limited by guarantee of the Members and does not have any share capital.

The Company was constituted in April 2003 and is governed by its Memorandum and Articles of Association.

Recruitment and appointment of Trustees

Supporters are asked annually if they wish to become a Trustee, and are elected by a vote of the members at the Annual General Meeting, or co-opted by the Board, in accordance with the Memorandum and Articles of Association.

Arrangements for setting key management personnel remuneration

The Trustees are not remunerated and are only reimbursed for valid expenditure incurred on behalf of Verity, of whom four have been reimbursed for a total of £2,896 (2024: £8,530) during the year. The Charity does not have any staff and all volunteers are only reimbursed for expenses incurred on behalf of the Charity.

Financial instruments

Objectives and policies

The Charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the Charity’s policies approved by the Board of Trustees, which provide written principles on the use of financial derivatives to manage these risks. The Charity does not use derivative financial instruments for speculative purposes.

Page 3

Verity The Polycystic Ovaries Self Help Group

known as Verity

Trustees' Report

Statement of Trustees' responsibilities

The Trustees (who are also the directors of Verity The Polycystic Ovaries Self Help Group 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 FRS 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. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial 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.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The annual report was approved by the Trustees of the charity on 28 November 2025 and signed on its behalf by:

......................................... R Morman Trustee

Page 4

Chartered Accountants' Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Verity The Polycystic Ovaries Self Help Group for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Verity The Polycystic Ovaries Self Help Group for the year ended 31 March 2025 as set out on pages 6 to 21 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Verity The Polycystic Ovaries Self Help Group, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Verity The Polycystic Ovaries Self Help Group and state those matters that we have agreed to state to the Board of Directors of Verity The Polycystic Ovaries Self Help Group, as a body, in this report, in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Verity The Polycystic Ovaries Self Help Group and its board of directors as a body for our work or for this report.

It is your duty to ensure that Verity The Polycystic Ovaries Self Help Group has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and of Verity The Polycystic Ovaries Self Help Group. You consider that Verity The Polycystic Ovaries Self Help Group is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Verity The Polycystic Ovaries Self Help Group. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Smart Accounting & Tax Solutions LLP Chartered Accountants 74A Station Road East Oxted Surrey RH8 0PG 28 November 2025

Page 5

Verity The Polycystic Ovaries Self Help Group

known as Verity

Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Investment income
4
Total income
Expenditure on:
Raising funds
Charitable activities
5
Other expenditure
6
Total expenditure
Net (expenditure)/income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Unrestricted
funds
£
15,316
1,852
17,168
-
(26,182)
(262)
(26,444)
(9,276)
(9,276)
19,814
10,538
Restricted
funds
£
71,675
-
71,675
(14,760)
(48,642)
-
(63,402)
8,273
8,273
77,589
85,862
Total
2025
£
86,991
1,852
88,843
(14,760)
(74,824)
(262)
(89,846)
(1,003)
(1,003)
97,403
96,400

The notes on pages 10 to 21 form an integral part of these financial statements. Page 6

Verity The Polycystic Ovaries Self Help Group

known as Verity

Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Investment income
4
Total income
Expenditure on:
Charitable activities
5
Other expenditure
6
Total expenditure
Net (expenditure)/income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Unrestricted
funds
£
13,929
900
14,829
(55,287)
(217)
(55,504)
(40,675)
(40,675)
60,489
19,814
Restricted
funds
£
60,020
-
60,020
(5,168)
-
(5,168)
54,852
54,852
22,737
77,589
Total
2024
£
73,949
900
74,849
(60,455)
(217)
(60,672)
14,177
14,177
83,226
97,403

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 14.

The notes on pages 10 to 21 form an integral part of these financial statements. Page 7

Verity The Polycystic Ovaries Self Help Group

known as Verity

(Registration number: 04404798) Balance Sheet as at 31 March 2025

Note
Fixed assets
Investments
10
Current assets
Debtors
11
Cash at bank and in hand
12
Creditors: Amounts falling due within one year
13
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
14
2025
£
1
58
111,216
111,274
(14,875)
96,399
96,400
85,862
10,538
96,400
2024
£
1
30
100,201
100,231
(2,829)
97,402
97,403
77,589
19,814
97,403

The notes on pages 10 to 21 form an integral part of these financial statements. Page 8

Verity The Polycystic Ovaries Self Help Group

known as Verity

(Registration number: 04404798) Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 6 to 21 were approved by the Trustees, and authorised for issue on 28 November 2025 and signed on their behalf by:

......................................... R Morman Trustee

The notes on pages 10 to 21 form an integral part of these financial statements. Page 9

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

1 Charity status

The charity is limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the Trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

The address of its registered office is: 74A Station Road East Oxted Surrey RH8 0PG

These financial statements were authorised for issue by the Trustees on 28 November 2025.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Verity The Polycystic Ovaries Self Help Group meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Page 10

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including accountancy, strategic management and trustees’s meetings and reimbursed expenses.

Page 11

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Equipment

Depreciation method and rate 25% reducing balance

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at cost at the balance sheet date.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 12

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the Trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Page 13

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Gift aid reclaimed
Grants, including capital
grants;
Grants from other charities
Unrestricted
funds
General
£
13,679
1,637
-
15,316
Restricted
funds
£
-
-
71,675
71,675
Total
2025
£
13,679
1,637
71,675
86,991
Total
2024
£
13,138
791
60,020
73,949

Page 14

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

4 Investment income

Interest receivable and similar income;
Interest receivable on bank deposits
5 Expenditure on charitable activities
Unrestricted
Note
General
£
Direct costs
-
Insurance
967
Telephone and fax
862
Storage space
971
Printing, postage
and stationery
5,668
Sundry expenses
1,383
Travel and
subsistence
6,860
Venue hire
67
Legal and
professional fees
-
Legal and
professional fees
-
Computer
software and
maintenance costs
1,972
Just giving costs
216
Allocated support
costs
7
-
Governance costs
7
7,216
26,182
Unrestricted
funds
General
£
1,852
Restricted
£
-
-
-
-
-
-
-
-
38,533
-
-
-
10,109
-
48,642
Total
2025
£
1,852
Total
2025
£
-
967
862
971
5,668
1,383
6,860
67
38,533
-
1,972
216
10,109
7,216
74,824
Total
2024
£
900
Total
2024
£
7,000
817
773
1,888
3,650
7,217
8,793
-
-
14,689
725
216
5,168
9,519
60,455

Page 15

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

In addition to the expenditure analysed above, there are also governance costs of £7,216 (2024 - £9,519) which relate directly to charitable activities. See note 7 for further details.

6 Other expenditure

Note
Allocated support costs
Unrestricted
General
£
262
262
Total
2025
£
262
262
Total
2024
£
217
217

Page 16

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

7 Analysis of governance and support costs

Support costs

Support costs
Subcontract costs Restricted
£
10,109
10,109
Total
2025
£
10,109
10,109
Total
2024
£
5,168
5,168

Governance costs

Accountancy fees
Cost of trustee meetings
Travel cost of trustee meetings
Unrestricted
General
£
4,320
1,854
1,042
7,216
Total
2025
£
4,320
1,854
1,042
7,216
Total
2024
£
2,422
3,228
3,869
9,519

8 Trustees remuneration and expenses

During the year the charity made the following transactions with Trustees:

No Trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

The amount of expenses paid to Trustees during the year totalled £3,335 (2024 - £8,530).

9 Taxation

The charity is a registered charity and is therefore exempt from taxation.

10Fixed asset investments

Shares in group undertakings and participating interests 2025
£
1
2024
£
1

Page 17

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

Details of undertakings

Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking
Country of
incorporation
Holding
Proportion of voting
rights and shares held
2025
2024
Subsidiary undertakings
PCOS UK Limited
England and
Wales
Ordinary
100%
100%
11Debtors
2025
£
Trade debtors
58
12Cash and cash equivalents
2025
£
Cash at bank
64,380
Short-term deposits
46,836
111,216
13Creditors: amounts falling due within one year
2025
£
Trade creditors
11,815
Accruals
3,060
14,875
Principal
activity
Health
advice
fundraising
2024
£
30
2024
£
26,576
73,625
100,201
2024
£
669
2,160
2,829

Page 18

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

14Funds

Balance at 1
April 2024
£
Unrestricted funds
General
19,814
Restricted funds
77,589
Total funds
97,403
Balance at 1
April 2023
£
Unrestricted funds
General
60,489
Restricted funds
22,737
Total funds
83,226
15Analysis of net assets between funds
Fixed asset investments
Current assets
Current liabilities
Total net assets
Incoming
resources
£
17,168
71,675
88,843
Incoming
resources
£
14,829
60,020
74,849
Unrestricted
funds
General
£
1
13,412
(2,875)
10,538
Resources
expended
£
(26,444)
(63,402)
(89,846)
Resources
expended
£
(55,504)
(5,168)
(60,672)
Restricted
funds
£
-
97,862
(12,000)
85,862
Balance at
31 March
2025
£
10,538
85,862
96,400
Balance at
31 March
2024
£
19,814
77,589
97,403
Total funds
at 31 March
2025
£
1
111,274
(14,875)
96,400

Page 19

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

Fixed asset investments
Current assets
Current liabilities
Total net assets
Unrestricted
funds
General
£
1
22,642
(2,829)
19,814
Restricted
funds
£
-
77,589
-
77,589
Total funds
at 31 March
2024
£
1
100,231
(2,829)
97,403

Page 20

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

16Analysis of net funds

16Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt
At 1 April
2024
£
100,201
100,201
At 1 April
2023
£
84,126
84,126
At 31 March
2025
£
100,201
100,201
At 31 March
2024
£
84,126
84,126

Page 21

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

16Analysis of net funds

16Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt
At 1 April
2024
£
100,201
100,201
At 1 April
2023
£
84,126
84,126
At 31 March
2025
£
100,201
100,201
At 31 March
2024
£
84,126
84,126

Page 21

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

16Analysis of net funds

16Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt
At 1 April
2024
£
100,201
100,201
At 1 April
2023
£
84,126
84,126
At 31 March
2025
£
100,201
100,201
At 31 March
2024
£
84,126
84,126

Page 21

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

16Analysis of net funds

16Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt
At 1 April
2024
£
100,201
100,201
At 1 April
2023
£
84,126
84,126
At 31 March
2025
£
100,201
100,201
At 31 March
2024
£
84,126
84,126

Page 21

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

16Analysis of net funds

16Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt
At 1 April
2024
£
100,201
100,201
At 1 April
2023
£
84,126
84,126
At 31 March
2025
£
100,201
100,201
At 31 March
2024
£
84,126
84,126

Page 21

Verity The Polycystic Ovaries Self Help Group

known as Verity

Notes to the Financial Statements for the Year Ended 31 March 2025

16Analysis of net funds

16Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt
At 1 April
2024
£
100,201
100,201
At 1 April
2023
£
84,126
84,126
At 31 March
2025
£
100,201
100,201
At 31 March
2024
£
84,126
84,126

Page 21