Reglstered numbèr
1100372
European Venous Foundation
Trustee$. Report and Accounts
31 December 2025

Europèan Venous Foundatlon
Report and accounts
Contents
Pagè
Legal and administrative inftm)ab"on
Trustees, Annual Report
Slalemenl of Finan¢i81 Acbvities
2to3
Balance sheet
NDte8 forrning part ofthe finanaal ststements
7t010

Europèan Venous Foundatlon
Legal & Admlnlstratlve Infomatlon
Trustees
Professor Andrea$ Nico$ N1co18ides- Chair
Profe3sor Armando Man$llh8
Ms Anne T8ft- Secret8ry
Dr Marianne vand8ndrie5sCh￿Hobb$- Treasurer
Or Atkadiusz Jawien
Jr D¢)minik H￿rn
Independeni Examlfter
And￿W Geor9iades
Nicholas Peters & Co
2nd Flwr
1&12 Bourfet Close
W1W 7BR
Bankers
Bardays Bank
SolicitDrs
Nicholas 8 Co Solicitois
Gmund Floor
1(k12 Bourtet Cknse
W1W 7BR
Charlty Offlcas
37 R¢sed*ne Avenue
Greenford
Middlesex
UBfj 9SD
Charlty reg18t8T8d number
11Q)372

European Venous Foundatlon
Trustee's Annual R•port forthe year ended 31 December 2026
The Tru8teey' presenttheii ￿pOrt 8nd account5 for the year ended 31 December 2025.
The Iruslees have adopted the PrO￿$10n of Ihe Statement trf Re¢ommended Practice ISORPI ' Accounting
and RepDr￿rng by Charities" IFRS 1021 In preparing the annual report ano financial statement of the charity.
The financial staterneni$ have been prepared in accordance wth the 8teounling policies Sel out In notes to
the aC￿UnIS and comkAy the charity5 governlng document, the Chanies Act 2011 and Accounting and
Reporbng by Charities. Statement of Recomrnended Pr3¢bce applicable to charrtie$ prep8ring their accounts
in ac¢ortlan¢e lo the Finanaal Reptyb"ng Stsndards applicatAe In th? UK and Rerxjblic ol Ireland put4ished
on 16 July 20141 as amend&d by Upd8t& Bulletin 1 published on 2 February 20161.
R•f8rnnce and admlnSBtr4tlon dgtall8
Charity narne-
European Venous Foundab"on
Registration number-
111X)372
Prinapal address-
37 Rosedwe Avenu&. Greenford, Middlesex. u86 9SD
Tru$ts¢8
The trustees vtho manage the charty are named on pagfr 1.
structur81 goveman¢¢ and managernent
European Venous Foundation 15 ¢onstytuted by Trust Deed dated 19 Juty 2002 as amended 8 Cktober 20D3.
The Trust obtained charitsbl8 stabjs on 28 O¢tob&r 2QK)3 INO. 11003721.
The management committee is responsible for the day to day running ofthe Charity.
The Iruslees shall initially hcld office for the fir$t five year5 and may subsequenlty be reappointed. The body
of trustee5 shall ntrt exceed ten person5 8nd there 8h811 be at least five persons. FU￿re trustees shall be
nominated or appointed. In respect of a tTusiee being 8ppointed to ￿place a truslep leaving offic8. the
retinng twstee sh811 not be enuied to vote in ￿spe￿ Of the apwiniment of his SUfXeSSQr.
The trustees actively wew Ihe major risk vknich the Charity fa￿$ on a regular basis and believe trat
maintaining reserve$ at the desired level. combined wlh annual revi8w of the controls over the key
rin8naal systems. wryll prowd8 suffic48nt resour¢e$ In the event of adverse condition8. The trustees have 8Iso
examined other Op￿allO￿al and bU￿nesS risks faced by the Charty and confirm that they have estsbli8hed
systems lo mitigatg the significant nsks.
Objectlves and actlvities
The charity l¢rmed foi the promotion of research Into the cau5e5. effgtts, treatment and man8gernent of
enous disease and to dissemin8t& the useful results thereof.
The charty continu8 to support the annual suenlific meeUr¥s of the Europe3n Venous Forum. the annual
Hands-on Work$hop on Venous 015ea5e. EVF HOW Plus Course$ and Updates of1nternaDonal Consefj5US
ststement5 on both Chrmic Venous Disesse and Venous Throfflboembolism. 11 continue lo support
ufflber of Travelling Fellow5hip5. EVF Prize and EVF Re$earch Grants. The Trustee$ hav? womoied thè
charity through Iheir Contacts Ihe intention of using these fund$ in the future fvr the further8nce of its
objectives.
In the pursuit of the charit8ble objethves th? trustees have p)wer8 to permlt Investments tn any dearing
bank, trusi curpDrabon or stoth bfoking company*thith is a mefflber of the Stock Exchan9e.

European Venous Foundatlon
Trustoe's Annual Roport forthe year endgd 31 December 2025
AchiBvement8 and performance
Dunng the yesr the Ghaiity ha& wntinuc¢ ¢0 support the annual 8rAentifiG tneeknngs of th¢ Europe4n V¢nou¥
Forurn, Travelling Fe11owships. Research Gran15 Ihe annual Hand5-on Workshop on Venous Disfrase.
The Tru$ieÈs have promtried the charity Ihrough their contsds ￿th the Inteniity) of using these fund5 In the
fwuie for the furtherance ofits objecbve5.
The Twsiees are planning a number of future major prgects which wll be Implemented OV￿ the next
three yeèrs, Including lar9er ie5earGh 0[￿ts and more Iiavelling lellowships.
Financial Review
11 Is Ihe wlicy of the charyty to mainlwn unrestricted funds al a reasonable level lo provide suffioenl furKJs to
cover ￿ana]eMent and administrali￿ suppori cos15 to continue the eduGatioTral actsvilies.
Al the b8lwce sheel date the unrestricted funds of £746.645 are healthy ano al 818vel above Ihal would b
expected in the future due to the charitys modest cash pos￿0￿. The free reserve is the 5arne ?mounl.
This reportwas approv￿ ty the boafd of INsiees on 24th Juna 2028
A Nicolald85
Trustee

European Vgnous Found4tlon
IndepèndeTrt Examinerts Report to the Trustees of European Venou5 Foundation
I report on the accoyJnls of IIFe Trust lui IhE year ended 31 Decembw 2025, which are srt out
pages 5 to 10.
Respectlve respon81bllltle5 of tfU¥tee5 and examlner
The tharity'5 Iruste85 are reS￿nsIble for the pieparation of the accounts The chartys Iruslees
consider that an audit 15 not required for Ih15 year under Section 144121 of the Ch8ritie8 Act 2011
Ilhe 2011 Acll 8n(J thatan independent eKaminaiion is needed
It 15 my responsibility to..
- examine the accounts under 58cbon 145 of Ihe 2011 Acl,
- to followthe procedures laid down in Ihe general Oireciions given by the Charity Commi8yon
(under %clion 14515llbl of the 2011 Act, and
- to slate whether par￿Cular matters h8v8 uJm8 to my aitention.
Bas18 of Indep?nd8nt 8xamln8r'8 r8POrt
My examination wjs carried out 111 8ttord8nce general Directrons gtven by the Charity
Commission An examinabun indudes 8 review ol the accounling records kept by the chanty and
companson of the accounts presented Wlh ihose records. It also ifjc5udes consideration of any
unusual Itèms or disdosures in the accounts, and seeking explanabons frtsm Ihe Iruslees
concerning 2ny such matters. The prccedures undertaken do not provide all the evidenc& Ihat
would be required In an audit. and consffjuenlty no opinion Is given es to whether the accDunts
pr¢seni a 'true and fair view and the report is limited lo those matters Set 0￿1 in the $lalemenl
below.
Independent exarnlner's statement
In conn8ction %Mth my exarninatson, no maffer ha$ come to my attentson..
1 which gives me reasonable cause lo believe Ihat in, any malenal respect. the requirements".
to keep accounting record8 in accordance wlh 5eclion 130 of the 2011 Act, and
to prepare accounts which accord wth the accounting records and com ￿Ywth the
accounlii)g requirements of the 2011 Acl have not been mel. or
2. 10 thich, in my opinion. attention should be drawn In order 10 enable a proper understanding
ol the acGounlS to be reached.
Mr Andrew Georgiades FCCA
Nlcholas Pgter8 & Co Llmitod
Indepèndent Examlner
2nd Floor
10-12 Bourfet Close
London
W1W 7BR
Date.. 24th June 2026

European Venous Foundatlon
Statement of Flnanclal Actlvltles
for Ihg year gnd8d 31 Decèmbèr 2025
Unrestrlcled
Funds
2025
Unrestricted
Funds
2024
Note8
Income
Donations
IniÈre81 receivabl8
Totsl income
35,083
500
,5
760
35,408
Expendlture on..
Olher expenditure
Expenditu￿ on charitable activthes
Totsl
14,0841
78.048
73.984
10,947
$0,047
60,994
10
Net In¢ome
138.3811
125,5861
Transfers belween ful￿8
Net movements in fu#d¥
138.3811
25.5881
Total fund$ brcugm folward
13
785.026
810,612
Total funds Ca￿ed for￿rd
746,645
785.028
The net movernenl In funds referred to above Is Ihe net Incoming resource5 85 defitTred in
the StslemÈnt of Recommended Practice for Accounting and Reporting 15sued by the
Charity Commlssion for England & Wales and Is r8concAled ￿ th8 total fund5 as $hts¥vn in
the Balance Sheet on page 6 as required by ttle $aid statement
The statement of flnancial acUvltle$ Includ88 all galn¥ and lo$se$ In th8 year. All
Incomlng resources and re$ourcES expended derive from cvntinuing a¢tlvitie5.

European Venous Foyndatlon
Balance Sheet
as at 31 December 202S
Nots$
2025
2024
Currerit +￿*￿
Debtors
Cash at bank and in hand
11 132,263
e16.002
748.265
193.174
603.472
796.646
Crodltor6'. amount8 falllng due
one ye•r
12
1,620
11.620
Net current a88•ts
746.645
785.026
Net as$*ts
746,645
785.026
Funds:
un￿$trIc￿ funds
13
746.645
78S,026
Total fund8
746.645
785.026
The financial stslement5 were approved and aulhorised for issue by the 808r(S on 24th June 2026
Signed on behalf olthe board oltrustees
A Nlcol•ld•s
Trustee

European V8nouB Foundatlon
Note5 to the Accounts
lor the year ènded 31 December 2025
f.1 Basis ofaccounting
Th8 chanty consbtutes a Put￿￿ ￿nefit èmty as defined by FRS 102. The finsncisl statements
have been prepared in accord3nce wth Accounting and Repothng by Chanties Statwnent of
R8commended Practr* applicsble to charitie5 preparing their accounts In accordanc8 wlh the
Financial Reporting Standard applicable Iti the UK 2nd Republic of Ireland IFRS 1021155ued o
16 July 2014 las up&8led throu9h Update Bvllelln 1 pJtAished on 2 F8bruary 20181.
Th? address of the registered office is given in Ihe charity lnfomiats.on on page 1 of Ih858 finanGial
$ta18ments. The nalurfr ol Ite charity's operaDons 3n(5 pnn¢Jpal athwties are as sei Qui m the
Trustees, 3nnual ￿port On P29è 2 of these fin8Daal $tstsmen15
The financial slalements are prepared on a going conotn ba31$ under the his1￿c￿l cost
convention. mo(Sified to indudÈ ¢Èrtain Iiems 81 faif value. The finanual slatements are presented
in sterfiro vthich is the funcliwal Currency of Ihe charty and are not rounded.
The signilicant 8ccountin9 polioes applied in the preparation of these finanoal slatements arÈ sei
OLrt below. These poli￿e5 have been consistenuy applied to all year5 presented unle55 Olhtrw8e
ststed.
The charity adopted SORP IFRS 1021 in the current year and an ewanalion Df how Iran$thon Ic
SORP IFRS 1021 has aftected the oported firtan￿al wsiuon and perfor1n3n￿ is yyven in noie 13.
1.2 Recollnttion of Ineomlng rnsourt88
These ale included In the Statement of Financial Activitie5 ISOFAI when
Ihe ch8rity be(x)mes entslJ8d to the resources".
the liustees are virtually ￿1181￿ they ￿11 rec*1¥8 the resources". 3n(f
lh8 monetgry valuè can be mÉasured vilh 5uffiuent reliabillty.
For donaboro lo be recojnisa the thanty ￿111 have been notffj&Y of ts 8rnounts and the
setuement date in ￿T￿ing If there 8re cofjdilions attached itr tr8 donation and this require$ a level
ol perfornian￿ before Èntiuemeni can be obt81ned then Incom& is d&ferr8d unbl those condition$
are fully tnel or the fulfilment of Ihose cortditions Is ￿thin the control of Ihe tharity and rÉ iy
prob3ble th8tthey wll be full11￿J.
Don8led focilibes and donat￿ Pfofes5ional services are reCogn￿ed in Income at their fair value
vthen their econrynic benefrt 18 prob8ble, can be measur8d reliably and the ¢hanty has mntrol
over item. Fair value is deltmiin8d on basis of the of the to the charity. For
example the atnount the charity WOU￿ iE ￿lling 10 pay in the ot*n markot for such facilitie5 and
50Trice5 A corr8swnding amount is recognised in expendthjre.
1.3 Donatlon$ andM8mbership
Donalions and m*mber5hip5 are only indud8d In the SOFA vthen the charity ha5 unGondition81
entilemeni to the re50urt*s.
1.4 Liability recognttlon
l wpendilure is aceouniad for on an accru8Is basis and has been das51fied under headings Ihat
aggreg3te all c0515 related to the category. Expenditure is reGognised wh8r& there Is a legal er
(x)nstructive ob11g81ion to make paymenis to thiTd p3ries, Il is probable that the $ettlem&nt wll be
requ1￿0 and the amount of Ihe obligation can be mÈa8urÉd reli8￿y.

Europeal) Venous Foundatlon
Notes to the Accounts
for the year ended 31 Doc?mbBr 2025
1.s f•y&tAon
As a rogis￿re￿ charity, the organisation 15 exernpl Irom Income and corporatson tax to the exteni
Ihat its incorntr 2nd galn$ aré applicable to charita￿6 purposes only Value Addad Tax is not
recoverable by the charity, and 15 Iherefore In¢luded in IhÈ relevant Costs in the SOFA.
1.8 Managementandadmlnistfation exp¢ndiiur*
Support fDSts are those that assi8t the work of tho charity bul do not directty repre88nt charitable
acbvit￿s snd indude offire tosts, govÈrnanc8 Costs. administratwe payroll costs. They 8re
Incurrett oirec￿Y In support of expenditur* on the objects ol the chaDly Hnu includè project
management carried out at Headquarttrrs. Where 8UPPOrt costs cannot be dite(Ily attributed to
partrcular heading5 they have been allotAied to cost of raising ￿ryd5 and expenditure on
chantable aGtiwtE5 on a basi$ w)$isteni ltrith use of the resources. Premi$e$ overt)8ads have
been allocated on an insert detail bas15 and other ovetheads have been aloc8ted on an Insert
detail basis.
D¢btors andcredltors r8celvablelpayable within one year
O£btor8 and Cr￿lt0￿$ with no siaied ini8rast 18le and re￿I¥3￿J￿ or payÈble with¥i ￿e year are
recotded 8t trBns8ction prts. Anylosses 8n51llg frotn Impaim8nt ara recogn15￿ In ewpnditur8.
1.8 Going concern
The finanoal siat8ments hav8 beon prepar9d on a going concern basis as the tsustees believe
Ihal no tnaierial vncertainlies exist. The twstees have consid8red the 18vel of funds held and the
expected level of Income and expenditure for 12 months. Th& budgeted income and eX￿ndItUre
is sufficientwth Ih818v81 of reserve5 for th8 chadty to be able lo continue as a going concern
Juduements 8ndkeysots￿es of estlmatlon uncertalnty
No judgernenl$ (apart frcm those involwng esiimate$l hav8 been made In the process of applwng
th8 above 8ccounbng policies that have had the most $ignifiGqnt effect on amounts re￿gnised In
the financial 8talem8nts.
No key assumptions con￿[￿1￿9 th* future and other key sources of eskn'mation unortainty 91 the
portsng dale that have a signiflGqnl risk of causing a tnateri81 adjustrnenl to the cawirvJ 8moun15
of assets and liabilities wlhin next finenual year.
Loan induded in other debtor5 (see note 111
Forelgn ¢utYen¢les
Tr￿saCtiOnS In fweign curre￿￿e8 a￿ record8d at the rate ruling al the date of the transaction.
Monetary assets and liabilitie5 denominaied In foreign c￿r￿n￿e5 are translared at th? ral6 of
exehanue ruling uyiThJ the averagÉ year5y rate. All differ8ncas are taken ta the SeFA.

European Venous Foundation
Note5 to the AGcounts
for the year endod 310ecembor 202S
sirncture of lunds
The charity maintains ? general unre5kncted fund which repres8nls funds avalable to sp8rvJ on
activities iaal further eny of the purpose5 of the chaiity. The designated fun0$ 8ie unrestricted
fvnd$ of the charity which the tsu5tees have deuded $1 Ihwr disctelion to Sel aside to use for a
specific purp09$. The funds may be he]d in order lo fin8nce iN)th wotkirvj ¢apltal and ¢aJital
inveslmenl.
R?8lncted fund$ have b88n provided lo the chanty for parbcular purposes, and rt is the poliry of
th8 board of tnJ$ieès to carefully thè monitor the applicauon of ihose fvnds in accordance with the
resknciions plaeÉd upon th*x.
On completion of any restricted project funds. any funds not u$ed a￿ tr8nsferred to Unrestricted
fvnds for the us8 on th& charitys general 04'ects.
Any other proposed tr8n5fer beiween funds woukl be cons1d¢red ￿ the partscularcnum3t8n*8.
Concesslonary loan
Concessionary 108ns indude those payaNe a third party which 818 illt8r851 freg 01 bèlow Ma￿
interest rates and a￿ made 10 advan(* tharitaNe purposes. All loan5 are repsyable on dwnand
wthin one year, the loan is measured 8t cost, le55 irnpairnent. Where the loan is repayable more
than one ypar, the IDsn is inityally measured al f81r value and sub5equenUy me35ured at amarnsed
cost using the effective iniefest rat8 mathod. less Impairmenl
Donation5
2025
2024
Corporate donations
Okner donations
34.655
428
35.083
34.648
34,648
Trustee's and key m•nagement ￿rIonnel remunoratlon and axpen808
Th& tmstÈ85 neither received nor vlaived any remuneration during the yegr12024.' £Nill.
Thè truste8s are the key man8getnent personnel.
There are no other 5t8ff costs.
Indfrpendent gxamlntsr r8Munoraiion
The Independent examiners rernuneratl¢n amounts to an independent examination fee of £1.680
12024. £1,680).
No other servicas are provided.

European Vgnous Foundatlon
Notes to the A¢¢ounts
for the year ènded 31 Dec8mb8r 2025
oth•r oxpendlture
2025
2024
Bank charges
Foieign exchang6 gaiThlws
Insijran
Accountsncy
29
18,9081
28
8,572
687
1,680
10,947
1,680
4,084
fo Èxpènditure on ch•ritabb actlvltle•
202S
2024
Qffjnt$
Donations
Conferenc6 conrributons
16,319
28.112
35,617
78,048
4.801
16.844
28.302
50.047
202$
2024
Other debtors and prepayments
132,263
132,263
193.174
193.174
12 Cr*dltor8'. amounts falllnq due wlthlrL one y¢•r
2025
20Z4
Other ¢reditOts and armals
1,820
1.620
11,620
11,820
13 Unrp8tr1¢ted funds
2025
2024
Gontrral
649.345
97.300
746.645
662,794
97.3
760.094
DesvJn2ted
13 Tranvcttons wlth trustees
IDdu(led In other deblots is the ￿￿ount 01 £132,263 whith is a loan made to European Venous
Forum Ltd. a companywhich seme ol the trusteps are kna directors.
10