Registered numbor: 7114723
Charfty number: 1134995
FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantoo)
CONTENTS
Page
Raforonce and Admlnlstratlvo Detsils of the Charity, Its Trustees and Advlsors
Trusteas, Report
Ind•pondent Examlner's Report
Statement of Flnanclal Activities
Balan¢e Shoot
Notes to the Financial Statsmonts
10-22

FOUNDATION OF EUROPEAN NURSES IN DIABEfES
(A Company Llmltod by Guarantso)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. rrs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Kristin de Backer
Deirdre Cregan
Chris D81icata
Anne-marie Felton
Deirdre Kyne-G￿ba1skI
Prof Regina Wredling RN. Dr Med Sc
Company rngi$ter•d number
7114723
Charlty regist•r•d number
1134995
R•gistered office
Knoll View
Bridgewater Road
Uphill
Weston Super Mare
Som8rs8t
BS23 4TY
Accountants
Kinnair and Company Limited
Chartered Accountants
Aston House
Redbum Road
Newcastle upon Tyne
NE5 1NB
Bankers
Bardays Bank plc
Leicester
Close Brothers Savings
10 Crown Place
London
Members of the Executlve Commlttee
Kristin de Backer (Chaimian)
Rita Forde (Secretary)
Anne-marie Felton (President)
Ana Paiva (Membership Secretary)
Rahab Hashim (Treasurer)
Deidre Kyn&Grzebalski
Davide Ausili
Eugenia Viachou
Page 1

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmltod by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
(CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Abstract Committ00
Unn-Britt Johansson
Speclal Advlsors
Els Denis RN
Prof Sally Marshall Bsc MB MD
Assoc Prof Seyda Ozcan RN PhD
Prof Regina Wredling RN, Dr Med Sc
Honorary Members
Deirdre Cregan
Dr Michael Hall
Sue Hamilton
Stina Wallenkrans
Prof Regina Wredling RN. Dr Med Sc
EDN Journal Editor
Davide Ausili
Webslte
W¥VW.fend.org
Page 2

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company LlmFted by Guarantse)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER2024
The Trustees present thelr annual report together wlth the financlal statements of the charity for the year from 1
January 2024 to 31 December 2024. The Annual Report serves the purposes of both a Trustees, report and a
directors. report under company law. The Trustees confirm that the Annual Report and financial statements of
the charitable company comply with the current statutory requirements. the requirements of the charitable
companls goveming document and the provisions of the Statement of Recommended Practice (SORP)
applicable to charities preparing their accounts in accordance wth the Financial Reporting Stsndard applicable in
the UK and Republlc of Ireland {FRS102) (effective 1 January 2019).
Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required
of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report)
Regulations 2013 has been omitted.
ObJectlv•s and actlvltles
• Pollcles and objectlves
In setting objectives and planning for activities. the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit. including the guidance 'Public benefit: running a
charity {P82)'.
The objects for which FEND is established are:
to promote for the publlc benefit improvements in the health and treatment of sufferers from diabetes by
the development and promotion of the role of the diabetes nurse specialist throughout Europe: and
to promote. for the public benefft. the education and training of nurses worklng In dlab8tes car8
throughout Europe by the development and support of training programmes, including the organisation of
conferences and symposia, to further such programmes and the dissemination of infomiation relaling to
the pnxeedings at such conferences or SyTnposla.
hlevoments and perfornianco
• Main achievements of the charity
Professional Supporl
A Virtual Annual Conference continues to be organised over two days providing up to date infonytation on many
aspects of Diabetes.
The European Nurses Collaboratlve Universities Programme (ENDCUP) is continuing for nurses specialising in
Diabetes from the whole of Europe. It is accredited by King's College University and funded by FEND.
An onllne Journal is available for all Nurses specialising in Diabetes.
Publlc Good
FEND continues to collaborate wth Pan European organisations induding the International Federation Europe
(IDF) and as an equal partner in the European Coalition on Diabetes (ECD).
Page 3

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlt•d by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclal r•vlew
Financial overvlew
The charitys incoming resources decreased from £67,781 to £59,859. Total resources expended decreased
from £279,313 to £72,287. Net outgoing resoU￿e$ for th8 year amounted to £12.428 (2023: net outgoing
resources: £211,532).
The Trustees cary out an annual review of the level of income reserves vthich they feel is appropriate to
maintain in order to meet the charivs objectives effectively. The charity held fund balances at the year end of
£917,735, all of whith were unrestricted funds and held in fomis considered appropriate to the charitable
companys activities and future commitments.
• R•serves pollcy
The free reseNes of the charity at 31 December 2024 were £917,735 (2023: £930.163).
The Board of Trustees have agreed that it is necessary to maintain a level of reseNes to cover the annual
administrative costs. The Trust88s plan to use these monies when the Charity resumes annual face to face
conferences in different venues across Europe. Thls has always b88n our biggest outgolng, until the Covid
restrictions were put in place and we could not rneet together or travel to appropriate venues.
The FEND Msc Programme continues and is highly valued by our membership. The course is validated and
implemented by the Florence Nightingale Faculty of Nursing and funded by FEND.
Golng Goncern
After making appropriate enquiries, the Trustees have a reasonable expectation that the chaiity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concem basis in preparing the financial statements. Further detsils r8garding the adoption of the going
concern basis can be found In the accounting policies.
• PrlnGlpal risk5 and uncertaintles
The Trustees have identified the principal risks facing the charty and, in their opinion, have addressed those
risks by appointment of infonned Trustees vh)0 can provide detailed and appropriate guidance to all other
officers, and by the appolntment of external independent examlners.
StructUrn• governance and management
• Constitutlon
Foundation of European Nurs8s in Diabetes is registered as a charitable company Ilmlted by guarant88 and was
set up by a Memorandum of Association. The relevant governing document is the Memorandum and Artides of
Association.
Page 4

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
structure. governance and management (contlnued)
• Methods of appolntment or el•ction of Trusteos
The management of the charity is the responsibility of the Trustees who are elected and ctropted under the
tems of the Memorandum of Association.
New Trustees are appoint8d by the serving Trust98S.
Polici•s adopted for the inductlon and training of Trusteos
The training and induction provrded for new Trustees is provided by the serving Trustees.
Plans for future perfods
The Diabetes Clinical Care and Management Msc Progr8mme will continue to be funded by FEND. No further
PhD Programmes will be funded by FEND.
Members. Ilability
The Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in
the event of winding up.
Page 5

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER2024
Statement of Trustees. responsibiliti•s
The Trustees (who are also the director5 of the charity for the purposes of company law) are responsible for
preparing the Twstees, Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires th8 Trustees to prepare financial statements for each financial year. Under company law,
the Trustees rnust not approve the financial statements unless they are satisfied that they give a true and fair
view of the state of affairs of the charity and of its incorning resources and application of resources, including its
income and expenditure. for that period. In preparing these financial statements, the Trustees are required to..
select suitable accounting pollcles and then apply them consist8ntly,
observe the methods and principles of the Charities SORP {FRS 102).
make judgments and accounting estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the golng concem basls unless it is inappropriate to presume that the
charity will continue in business.
The Trustees are responslble for keeping adequate accounting records that are sufficient to show and explain
the charity's transactions and disclose with reasonable accuracy at any time the flnancial position of the charity
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 charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Approved
by
order
the
members
23-( Dg
board
and signed on their behalf by.
Trustees
Doirdre
ne-GrLebalskl
Page 6

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantso)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examlnerfs Report to the Trustees of Foundatlon of European Nurses In Dlabotos
(Ihe charity)
I reFrf)rt to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December
2024.
R￿pOnsIbl11t10S and Basis of Roport
As the Truslees of the charity (and Its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the r8quirements of the Companies Act 2006 (Ihe 2006 ACV).
Having satisfied myself that the accounts of the charity 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 the charitys accounts
carried out under section 145 of the Charitles Act 2011 {'the 2011 Act,). In caryng out my examination I have
foll0v￿d the Directions glven by th8 Charity Commlssion und8r sectlon 145(5)(b) of the 2011 Act.
Independent Examinerfs Statement
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examinat50n giving me cause to believe:
accounting records were not kept in respect of the charity 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 396 of the 2006 Act other than
any requirement that the accounts glve a Irue and fairf vlew which is not a matter consldered as part of
an independent 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 tharities [appli¢able to charities preparing thelr
accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of
Ireland (FRS 102)].
I have no concems and hav8 come across no other matters In connection with the examination to which
attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached.
This report is made solely to the charitys Trustees, as a body. in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stste to the charityls
Trustees those matters l am required to state to them in an Independent Examiner's Report and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the
charfty and the charivs Trustees as a body, for my work or for this report.
Signed:
l o*lLo2r
Mai Mak FCA
Klnnalr and Company Llmltsd
Chartered AC￿ntants
Aston House
Redbum Road
Newcastle upon Tyne
NE5 1NB
Page 7

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantso)
STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcled
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charltable acUvltles
Investrnents
34.783
3,233
21,843
34.783
3,233
21.843
43.478
4, 151
20. 152
Total Income
59,859
59,859
67, 781
Expendlture on:
Charitable activities
72.287
72,287
279,313
Total oxpendlturo
72,287
72,287
279,313
Ngt movement In funds
(12.428)
(12,428)
(211.532)
Reconclllatlon of funds:
Total funds brought forward
N8t movement in funds
930,163
(12,428)
930,163
(12,428)
1, 141,695
(211,532)
Total funds carried forward
917,735
917,735
930,163
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 22 fomi part of these financial statements.
Page 8

FOUNDATION OF EUROPEAN NURSES IN DIABEfES
(A Company Llmlted by Guarantso)
REGISTERED NUMBER: 7114723
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Flxed assets
Tangible assets
12
919
1,233
919
1,233
Currgnt assets
Debtors
Cash at bank and in hand
13
10,436
910,538
10,370
922,442
920,974
932,812
Creditors: amounts falling due Imthin one
year
14
14,158)
(3,882)
Net current assets
916,816
928.930
Total net assets
917,735
930, 163
Charfty funds
Unrestricted funds
16
917,735
930,163
Total funds
917.735
930,163
The charity was entitled to exemption from audit under section 477 of the Companles Act 2006.
The members have not requir8d the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their r8sponsibilities for complying the requirements of the Act respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance viith the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on
and signed on their behalf by:
Deirdre Kyne-Grzebalski
The notes on pages 10 to 22 fomi part of these financial statements.
Page g

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Goneral Infomiatlon
The Foundation of European Nurses in Diabetes (FEND. the charity. the charitable company) is a
charitable company fonned to help nurses working in the field of diabetes care, research and education in
Europe. It Is a prlvate company limited by guarantee incorporated in England and Wales. (registered
number 7114723) and is also a registered charity (registration number 1134995).
The Trustees who acted during the year and up to the date of the Trustees report are shown on page 1.
The r8gist8red office of the charity and detalls of its principal advisers are shown on page 1.
Accounting pollcies
2.1 Bas18 of preparation of )Inancial statem•nts
The financial ststements have been prepared in accordance the Charities SORP (FRS 102) -
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) (8ffective 1 January 2019). the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Foundation of European Nurses in Diabetes meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless
oth8lWIS8 ststed in the relevant accounting policy.
The financial ststements are presented in pounds Sterfing and rounded to the nearest pound.
2.2 Golng concern
After maklng approprlate enquiries the Trustees have a reasonable expectation that the charlty has
adequate resources to continu8 in operational existence for the foreseeable future. For this reason
they contlnue to adopt the going concem basis in preparing the financial statements.
2.3 Income
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be receiv8d and the amount of income recelvable can be measured reliably.
Income tsx recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.4 Expendlture
Expenditure Is recognised once ther8 is a legal or constructive obligatlon to transfer economic benefit
to a third party. It is probable that a transfer of economic benefits will be requlred in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated diredy
to that activity. Shared costs whlch contribute to more than on8 activity and support costs which are
not attributable to a single activity are apportloned between those acliviti8s on a basis consistent with
the use of resources.
Page 10

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmltgd by Guarantso)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2024
Accounting pollcles (Gontinu•d)
2.4 Expenditure (contlnu•d)
Expenditure on charitsble activities is incurred on directly undertaking the activities whlch further the
charitsls objectlves. as well as any associated support costs.
All expenditure is Inclusive of irrecoverable VAT.
2.5 Interest recelvabl•
Interest on funds held on deposit is included when receNable and the amount can be measured
reliably by the charity. this is nomially upon notification of the interest paid or payable by the institution
with whom the funds are deposited.
2.6 Forelgn currencles
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates
of exchange ruling at the reporting date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the
transactlon.
Exchange gains and losses are recognised in the Statement of Financial Actlvitles.
2.7 Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedul8 6 of the Finance Act
2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordlngly, the charity Is potentially exempt from tsxation in respect of income or capital galns
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 exdusively to charitable purposes.
2.8 Tanglble fixed assets and d•prnclatlon
Tangible fixed assets costing £500 or more are capitalised and recognised ￿en future economic
benefrts are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initsally recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost18ss accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into ts intended working Condition should be
included in the measurement of cosL
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives.
Depreciation is provlded on th8 following basls:
Office equipment
25% reducing balance
Page11

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmited by Guarantoe)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2024
Accounting policies {continued)
2.9 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
PrePa￿nentS are valued at the amount prepaid net of any trade discounts due.
2.10 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.11 Liabilitios and provlslons
Liabilities are recognised when there is an obligation at th8 Balanc8 Sheet date as a result of a past
event, it is probable that a transfer of economlc benefit will be required in settlement, and th8 amount
of the settlement can be estimated rellably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the
amount it has received as advanced pasThents for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to setue the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tsx discount rate that reflects the risks specific to the liabilty. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cosL
2.12 Financial instruments
The charity only has financial assets and financial liablllues of a kind that qualfy as basic financial
instruments. Basic financial instruments are initially recognlsed at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.13 Fund accountlng
General funds 8re unrestricted funds which are available for usa at the discretion of the Trustees in
furtherance of the general obJectlves of the charity and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Page 12

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarant•o)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from donations and legacies
Unrestrlcted
funds
2024
Total
funds
2024
Sponsorship
34,783
34.783
Unrestricted
fvnds
2023
Total
funds
2023
Sponsorship
43,478
43,478
InGome from charitabl• actlvltles
Unrnstrlcted
funds
2024
Total
funds
2024
Registration fees
Members, subscriptions
537
2,696
$37
2,696
3,233
3,233
Unrestiicted
funds
2023
Total
funds
2023
Members, subscriptions
4,151
4, 151
Page 13

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantoo)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Invostment Income
Unrestricted
funds
2024
Total
funds
2024
Bank interest re￿1vable
21.843
21,843
Unrestrlcted
funds
2023
Tot81
funds
2023
Bank interest receivable
20.152
20. 152
Analysls of grants
Grants to
Institutlons
2024
Total
funds
2024
Grants and donations
4.348
4.348
Grants to
Institutions
2023
Total
funds
2023
Grants and donations
240, 783
240, 783
The chaiity has made the following material grants to institutions during the year:
Page 14

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlt•d by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of grants (contlnued)
2024
2023
Name of Instltutlon
IDF Europe
King's College London - FEND Fellowship
King's College London - ENDCUP
Other grants to institutions
4.348
100,000
136,000
435
4348
240, 783
Analysls of expendlture on charitable actmties
Summary by fund typ•
Unrestrlctsd
funds
2024
Total
2024
Direct costs - Training and education
72.287
72,287
Unresb7cted
funds
2023
Total
2023
Direct costs - Training and education
279,313
279.313
Analysis of expendlture by activlties
Actlvltlos
undertaken
directly
2024
Grant
fundlng of
actlvltles
2024
Support
costs
2024
Total
funds
2024
Direct costs - Training and education
26,475
4.348
41.464
72,287
Page 15

FOUNDATION OF EUROPEAN NURSES IN DIABEfES
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expendituro by actlvities (continued)
Activities
undertaken
directly
2023
Grant
fvnding ol
activiti8S
2023
Support
costs
2023
Total
funds
2023
Dlrect costs- Training and educAtion
7.208
240,783
31,322
279.313
Analysis of dlroct costs
Tralnlng
and
educatlon
2024
Total
funds
2024
Conference costs
Travel and subsistence
Joumal publishing costs
20.140
4.340
1,995
20.140
1,995
26,475
26,475
Training and
education
2023
Total
funds
2023
Travel and subsist8nce
Journal publishing Gosts
4,866
2.342
4,866
2,342
7.208
7.208
Page 16

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmltsd by Guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysls of expondlture by actlviti•s (contlnued)
Analysls of support costs
Training
and
education
2024
Total
funds
2024
Staff costs
Office and administratic>n costs
Foreign currency losses
Depreciation
Govemance costs
820
3,047
32.454
314
4,829
820
3.047
32,454
314
4.829
41.464
41.464
Training and
education
2023
Total
fvnds
2023
Legal and professional costs
Office and administration costs
Foreign currency losses
Depreciation
Governance costs
706
1.296
25,028
410
3.882
706
1,296
25,028
410
3,882
31,322
31.322
Governance costs above comprlse accountancy and Independent examinatlon costs.
Independent •xaminerfs remuneratlon
2024
2023
Fees payable to the charitvs independent examiner for the preparation and
Independent examination of the charitys annual accounts
Fees payable to the charivs independent examiner in respect of:
All other seThfjces
3,465
3,235
671
588
Page 17

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
10. Staff costs
2024
2023
Wages and salaries
820
820
The average number of persons employed by the charity during the year was as follows:
2024
2023
No.
Number of 8rnpIoy8es
No employee received remuneration amounting to more than £60,000 in either year.
11. Trustees, remuneratlon and expenses
During the year. no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 December 2024, expenses totalling £5,768 were reimbursed or paid directly to
3 Trustees (2023- £1,747 to 2 Trustees). These were for travel, telephone and other office expenditure.
12. Tanglble fixed assets
Offlce
equlpment
Cost or valuatlon
At 1 January 2024
7.139
At 31 December 2024
7,139
Doprociatlon
At 1 January 2024
Charge for the year
5,906
314
At 31 December 2024
6,220
Page 18

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmltod by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12. Tanglblg fix•d assets (continuod)
equlpment
Net book value
At 31 December 2024
919
Al 31 December 2023
1.233
13. Debtors
2024
2023
Du• wlthln one year
Other debtors
Prepayrnents and accrued income
81
10,355
10,370
10,436
10.370
Page 19

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
14. Credltors: Amounts falling due within ono year
2024
2023
Accruals and deferred income
4,158
3,882
15. Flnanclal Instruments
2024
2023
Flnanclal assets
Financial assets measured at fair value through income and expendrture
910.538
922,442
Financial assets measured at fair value through income and expenditure comprise bank balances.
Page 20

FOUNDATION OF EUROPEAN NURSES IN DIABETES
(A Company Llmlted by Guarant￿}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2024
16. Statement of funds
Statement of funds - current year
Balance at
31
December
2024
Balanco at 1
January
2024
InGomo Exp•nditurn
Unrestricted funds
General Funds
930,163
59.859
(72,287)
917.735
Statemant of funds - prior year
Balance al
31
December
2023
Balance al
l January
2023
Income Expenditure
Unrestrlcted funds
General Funds
1,141,695
67.781
(279,313)
930.163
17. Analysls of net assets betw••n funds
Analysls of net assets between funds - current perlod
Unrestrlctsd
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due within one year
919
920,974
(4.158)
919
920,974
(4,158)
Total
917,735
917,735
Page 21

FOUNDATION OF EUROPEAN NURSES IN DIABETES
{A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2024
17. Analysis of nat ass•ts botw••n funds (contlnued)
Analysls of net assets between funds - prlor porlod
Unrestricted
funds
2023
Total
fvnds
2023
Tangible fixed assets
Current assets
Creditors due within one year
1,233
932,812
(3,882)
1,233
932.812
(3,882)
Totsl
930. 163
930.163
18. Relatgd party transactions
The charity has not entered Into any related paty transaction during th8 year, nor are ther8 any
outstanding balances owing between related parties and the charity at 31 December 2024.
19. Controlling party
The charity is under control of the Trustees, as a body.
Page 22