IIÈGISYERED CHARITY NUMBER- 118961É REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 FOR NF2 BIOSOLUTIONS UK HB Enoch & Owen Ltd Chartered Accountants and Chartered Tax Advisers I Spilman Sl Carma rihen SA31 ILE
NF2 BIOSOLUTIONS UK (REGISTERED NUMBER: 1189618) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 July 2025 The trustees present their annual report with ihe accounts of the company for the year endèd 31 july 2025 PRINCIPAL ACTIVITIES The principal activity of the charity in the year under review wa5 to seek and support research into a cure or preventative treatmenr for NF2 INF2-related Schwannomatosisl Trustees Clare Goddard Dr Nicole Henwood Deian Owen Gilles Allan Professor Gareth Evans joanne Ward Grace Gregory Priya Sharma Kim Whltlock REFERENCE ANO AOMINISTRATIVE DETAILS Charlty name NF2 8iostslutions UK Charlty worklhg name NF2 Biosolutions UK & Europe Reglstered Charlty number 1189618 Registered ottlce I Spilman St Carmarthen 5A31 ILE
NF2 BIOSOLUTIONS UK (REGISTERED NUMBER: 1189618} REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 OBJECTIVES AND ACTIVITIES Objectives and aims The lief of sickness and the preservation and protettion of health for the public benefit by seeking and supporting research into a cure or preventative treatment for NF2 INF2-rel3ted Schwannomatosisl. NF2 8iosolutions UK INBS UK) was established in 2020 to support UK and Europe based research Into NF2. since then, it has built a network of volunteers. and has fomied strong links with one of the world's leadin NF2 research centres in Manchester. UK. The maln aimsofNBS UK'S programmes are: To build and malnlain a UK wide network of volunteers. who wlll both ralsè awareness of NF2, and raise funds Eowards supporting research into a cure or preventative treatment for NF2. To identify promlslng research being carrled out Into NF2 that rnay beneflt from N3S UK'S support, and work out how best to support and advance this research. Durlng the year under revSew, le August 2024 to July 2025, NBS UK has contlnued lo operate a$ a dynamlc charltvi whl¢h Is beln8 proa¢tlve In the fight against NF2. In the 12 months under revlew, NBS UK: Malntalned è UK wide neOrk of over 40 volunteers Enhanced a Social Media presence through which awareness and fvnds are bein6 raised Built and malntalned strong links with specialist NF2 centres In the UK and Europe Funded four PhD students to carry oul research on NF2 tumours at the UnNersity of Manchester The resèarch carried out at the University of Manchester by NBS UK- funded students has been clted In 91 scientiflc papers
NF2 BIOSOLUTIONS UK (REGISTERED NUMBER: 1189618) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 July 2025 STRUCTURE. GOVERNANCE AND MANAGEMEI NBS UK is a re8lStered charSty and is governed by its constitution. Following an introductory meeting with the chair and chief financial officer, potential trustees are invited to attend a board meeting at whith theiT application for membership is discussed. Both parties will consider the appointment and the decision will be ratified at the subsequent board meeting. There is no provlslon for the appointrnent of trustees by any external person or LKTrdy. FINANCIAL RÉVIEW The trustees revSew annually the level of reserves held. The charity aims to malntain reserves equivalent to at least SSX months running costs. The statèment of Flnancial Activities shows a deficit for the year, due to feduced grant Income coupled wlth Increased researth expenditure. The trustees are confident that financial performance will Improve In the near future which wlll enable the charity to continue achleving its alms and oblettives. CHARITABLE STATUS NF2 B10501ullons UK acquired charitable status on 21. May 2020. RISK ASSESSMENT The trustees have considered and assessed every risk that could affect the charity. The risk assessment process encompassed not only the financial situation but also Sirategic and circumstantial considerations. The trustee5 confirm that systems have been established to mitigate all such risks identified a5 part of this proces5. REPORTING ACCOUNTANTS The company was entitled to audit exemption for the year under review. A resolution proposing the leappointment of H B Enoch and Owen Ltd as reportÉng accountsnts to the charity will be put to the Annual Gene.ral Meeting.
NF2 BIOSOLUTIONS UK (REGISTERED NUMBER: 1189618) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 July 2025 STAYEMENT OF TRUSTEES RESPONSIBIUTIES The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generallv Accepted AccDunting Practice). The law applicable to charities in Eng13nd and Wales requires the Trustee5 to prepare financial statements for each flnan¢ial year which give a true and fair view of the state of affairs of the charlty and of the incoming resources and application of resources of the charity for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them conslstently,. observe the methods and prin¢lples in the Charity SORP; make judgements and estimates that are reasonable and prudent; preparc the financial statements on the 80ing concern basis unless It is inappropriate to presume that the charitable company will continue in buslness. The trustees are responsible for keeping proper accountlng records whl¢h disclose with reasonable accuracy at any time the financlal position of the charitable company and to enable them to ensure that the finanelal statements comply with the Charities Act 2011, the Charlty IAccounts and Reportsl Regulations 2CK)8 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charlty and hence for taking reasonable steps for the preventlon and detectlon of fraud and other irregularitles. ON BEHALF OF THE BOARD.. OdEh) Prbnt Name Date..
INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF NF2 BIOSOLUTIONS UK (REGISTERED NUMBER: 1189618) We report to the Trustees of NF2 Biosolutions UK on our examination of the accounts for the year ended 31 July 2025. Responslbllltles and basls of report The charity's trustee5 are responsible for the preparation of the accounts. The charity's trustees consider that an audit Is not required for this year (under Section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is reqijired. Basis ol the independent examiners report Our examination was carried out in accordance with s. 145 of the 2011 Act, and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under s. 14515llbl of the Act.. An examination includes a ieview of the accountin8 records kept by the charity and a comparison af the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeklng explanations from you as tnjstees concerning any such matters. The procedures undertaken do not provide èll the evidence that would be required in an audlt, and consequently no opinion is given as to whether the accounts psent 8 'true an(1 falr vlew and the report is limited to those matters set out in the statements below. Independent examlners statement We have completed our ex8mination. We confirm that no material matters have come to our attention In connection with the examinatlon 8Svin8 us cause to believe that in any materlal respect.. 111 accountSn8 retords were noi kept In respect of the Trust as required by section 130 of the Act,. or 121 the accounts do not accord wlth those records- or 131 the accounts do not comply wlth the appllcable requlrements concernlng the form and content of accounts set out In the Chorlties (Accounts ond Reportsj Regulations 2008 other than any requirement that the accounts glve a 'true and fair view whith is not a matter considered a5 part of an independent examination. We have no conceTns and have come across no other matters in connection with the examination to which attention should be drawn in thls report In order to enable a proper understanding of the accounts to be reached. é FCCA HB Enoch & Owen Ltd Chartered Accountants and Chartered Tax Advisers I Spilman St Carmarthen SA31 ILE Date..
CHARITY COMMISSION FOR ENGLAND AND WALES NF2 8losolutions UK 1189618 Receipts and payments accounts CC16a For the perlod 01108r2024 31107r2025 Section A Receipts and payments UnrestriGi•d funds to lh• n¢aT••I R&slfictod fund$ Endowixèiht funds Total funds L4&1 &r io IMnHr••l t toth• n•aM#t£ to the nMreBt£ A1 ReGel 49,117 49,117 90,797 Sub lotal(Gross income for AR) 49.117 49,117 99,7B7 A2 A$$•t and Inv88tmont sal••, Sub total Tot41 rècelpls 49.117 41b,117 99,797 A3Pa ent$ 57J £9 Postey $11sllttn6ry Insiirante Bnk thargos Rosearch ¢0518 TravÈl and subalaienc9 157 1S7 92 85,ODO 4S 429 Sub total 85,902 BS.902 51,371 A4 A$sgt and Investment rchases, 888 table Sub total Tolalpaymenls 85,902 85.902 51.371 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds thls yaar end 36,785 36,785 48,425 111,099 734,314 171,099 134.314 122,674 171.099 CCXX R1 accounts ISSI 1110512026
Section B Statement of assets and liabilitles at the end of the period Llnrèstricted funds to nearest£ Restdcted funds to waro6t£ Endowment funds Calagorifrs Details B1 Cash funds Ns Bank 134,314 Total cash lunds 134.314 nK Unrestrlcte funds to ne4rtti E IIK Restrfct8d fJnd5 tts no•r••iÉ Endowmnt D•tails -"•### Fund to whl¢h •s••t b•lo Deta118 cowt lopllonall 83 Invg$tmont as88t8 t•whlGh I b•lon Curr•nt valu• D•talls C1 {¢]Ptlonall 84 Assets retaln•d for tho charlly'8 own us• Fwnd iowhl¢h i naunt du• lona dufr Detalls 85 Llabllltlès SigrEd byone or trustees on behalf of all the trus¢eÈs nature Print Name Oate of rov81 OBian (X4En 11105r2026 CGXX R2 accounts ISSI 1110512026