Charity registration number: 1192184
The British Obesity and Metabolic Specialist Society
Annual Report and Financial Statements for the Year Ended 31 October 2024
The British Obesity and Metabolic Specialist Society
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 17 |
The British Obesity and Metabolic Specialist Society
Reference and Administrative Details
Trustees Mr J P Byrne FRCS, Chair Mr A Ahmed, President Mr K Mahawar, Treasurer Mr R Welbourn Charity Registration Number 1192184 Principal Office c/o Executive Business Services Stowe House St Chad's Road, Lichfield Staffordshire WS13 6TJ Independent Examiner CBSL Accountants Limited Chartered Accountant Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG
Page 1
The British Obesity and Metabolic Specialist Society
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 October 2024.
Structure, governance and management
Nature of governing document
The charity is a charitable incorporated organistation - association and is governed by the constitution dated 5 November 2020 and as amended on 27 November 2020 and on 18 December 2020.
The charity operates under the name of BOMSS.
Recruitment and appointment of trustees
As set out in the constitution, there must be at least four charity trustees. Every charity trustee must be appointed for a term of three years. In selecting individuals for appointment as charity trustees, the appointing body must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Induction and training of trustees
Each new charity trustee will receive a copy of the constitution and any amendments, and a copy of the CIO's latest trustees' annual report and statement of accounts.
Organisational structure
The members of BOMSS have no liability to contribute to the charity's assets if the CIO is wound up and have no personal responsibility for settling its debts and liabilities.
The running of charity is delegated to the Council of Management, which is consists of up to twenty individuals, appointed by the members of the CIO. Each appointment shall be a term of three years.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Mr J P Byrne FRCS, Chair Mr A Ahmed, President Mr K Mahawar, Treasurer Mr R Welbourn Mr S Awad (resigned 18 June 2025) Ms C M Borg (resigned 18 June 2025) Prof Rachel Batterham (resigned 18 June 2025) Mr V S Menon (resigned 18 June 2025)
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The British Obesity and Metabolic Specialist Society
Trustees' Report (continued)
Objectives and activities
Objects and aims
The charity was registered with the Charity Commission as a charitable incorporated organisation on 5 November 2020.
The objectives of The British Obesity and Metabolic Specialist Society (BOMSS) are the advancement for the public benefit of the science and practice of the surgical and associated multi-disciplinary treatment of people who suffer from severe and complex obesity.
BOMSS is a society of surgeons and other health professionals who specialise in the treatment of severe obesity and its metabolic conditions.
Our mission is to promote the highest standards of expert multidisciplinary care for those living with complex obesity through delivery of education, training opportunities, research through the promotion of cohesive team working in high quality bariatric surgery centres.
We also provide expert advice to a variety of bodies to inform national policy and commissioning guidance promoting the safe and equitable practice of obesity surgery.
Set up of BOMSS
We have had a long-standing relationship with AUGIS and it was primarily one under which they provided a secretarial function. BOMSS has always been an independent society separate from AUGIS with our own membership, subscription, Annual Scientific Meeting, training days etc. When BOMSS first started, we did not have the financial capability to have an independent secretariat so we agreed to pay AUGIS an annual fee to help us manage our administrative and secretarial functions.
Over the last few years’ with the emergence of bariatric and especially metabolic surgery as a specialty, most if not all national bariatric and metabolic societies have become independent. Therefore, the move away from AUGIS is a reflection of a growing international trend. In addition, BOMSS also has a large number of integrated healthcare professionals (nurses, dieticians, psychologists etc) who have joined BOMSS as members, so we felt that there was a need for us to establish our own infrastructure, financial independence and secretariat, while still maintaining an excellent working relationship with the AUGIS. With this new relationship, we believe both societies will be stronger and will be able to focus on their work, as well as maintain our close collaborative arrangements.
During the current and prior funds held on behalf of BOMSS were transferred from AUGIS and are included in income in the year totalling £32,733 (2023 - £166,447).
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The British Obesity and Metabolic Specialist Society
Trustees' Report (continued)
Objectives, strategies and activities
BOMSS welcomed delegates and industry to its Annual Scientific Meeting which took place at the Harrogate Convention Centre from 4th to 5th June 2024.
The Meeting began with a Training Day for Trainee Surgeons and Integrated Healthcare Professionals and then over 300 attendees joined for the 2 day conference programme.
Our membership has now crossed over 540 and we have seen an exciting array of topics being discussed at journal clubs and webinars. Specialist training programmes across multi-professional groups, creation of patient facing leaflets, videos and development of hands on courses have been highlights. We have continued to build on the foundations of our charity, although it remains enormously challenging times for the NHS, battling ongoing industrial action and professional unrest. We are some way off (our vision) of equitable access to safe and effective care for people living with severe and complex obesity across the UK. We are continuing to engage with NICE, the NHS and collaborating with other external bodies so that our and our patients voices are heard.
We also now have a mailing list of over 1,670 contacts spread all around the world indicating our broad reach.
National Bariatric Surgery Registry (NBSR) has also grown in strength with increased engagement from provider units and consultants. The registry has more than 9,000 cases added on since restoration of bariatric and metabolic surgery post pandemic including a significant number carried out in the private sector. We continue to work closely with NHSE in refining the National Obesity Audit (NOA).
Fundraising disclosures
The charity does not carry out significant fundraising activities with the general public and does not use a professional fundraiser or commercial participator to carry out fundraising.
Public benefit
The trustees continue to develop the charity's position as a leading surgery society to provide public benefit through advancements in the science, practice and treatment of people with severe and complex obesity.
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.
Financial review
The balance sheet shows total unrestricted funds of £849,985 at 31 October 2024 (2023 - £603,563). In addition there are restricted funds related to the NBSR database of £65,233 and Surgical Support Lead of £10,884.
During the year BOMSS received membership income of £66,050 (2023 - £73,173) and corporate membership subscriptions of £210,000 (2023 - £97,000). The Annual Scientific Meeting delegate income totalled £95,384 (2023 - £99,070) with a further £100,245 (2023 - £85,020) of corporate sponsorships for the event.
BOMSS' expenditure for the year totalled £290,901 (2023 - £277,430), of which £163,931 (2023 - £150,362) related to the Annual Scientific Meeting and connected events, £29,205 (2023 - £33,508) to NBSR research and administration costs and £3,000 (2023 - £9,116) for SSL expenditure.
Policy on reserves
The trustees recognise the need for a reasonable level of financial reserves in order to protect the charity from the possibility of any adverse or unforeseen circumstances that could arise.
Unrestricted reserves held at 31 October 2024 enable the charity to continue for at least a further 12 months in the event that there was a significant drop in income. The trustees continue to take appropriate steps to maintain the level of these reserves to meet the future needs of the charity.
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The British Obesity and Metabolic Specialist Society
Trustees' Report (continued)
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.
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 14 August 2025 and signed on its behalf by:
Mr J P Byrne FRCS Trustee
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The British Obesity and Metabolic Specialist Society
Independent Examiner's Report to the trustees of The British Obesity and Metabolic Specialist Society
I report to the trustees on my examination of the accounts of The British Obesity and Metabolic Specialist Society for the year ended 31 October 2024.
Responsibilities and basis of report
As the charity trustees of The British Obesity and Metabolic Specialist Society you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the The British Obesity and Metabolic Specialist Society's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since The British Obesity and Metabolic Specialist Society's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of The British Obesity and Metabolic Specialist Society as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have 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 understanding of the accounts to be reached.
Mrs L J Osselton FCA Chartered Accountant ICAEW
Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG
Date: 14 August 2025
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The British Obesity and Metabolic Specialist Society
Statement of Financial Activities for the Year Ended 31 October 2024
| Note Income and Endowments from: Donations and legacies Charitable activities Other income Total income Expenditure on: Charitable activities Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 Note Income and Endowments from: Donations and legacies Charitable activities Other income Total income Expenditure on: Charitable activities Total expenditure Net income Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 |
Unrestricted funds £ 32,733 471,679 706 505,118 (258,696) (258,696) 246,422 246,422 603,563 849,985 Unrestricted funds £ 62,481 354,263 673 417,417 (234,806) (234,806) 182,611 14,520 197,131 406,432 603,563 |
Restricted funds £ - - - - (32,205) (32,205) (32,205) (32,205) 108,322 76,117 Restricted funds £ 103,966 61,500 - 165,466 (42,624) (42,624) 122,842 (14,520) 108,322 - 108,322 |
Total 2024 £ 32,733 471,679 706 |
|---|---|---|---|
| 505,118 | |||
| (290,901) | |||
| (290,901) | |||
| 214,217 | |||
| 214,217 711,885 |
|||
| 926,102 | |||
| Total 2023 £ 166,447 415,763 673 |
|||
| 582,883 | |||
| (277,430) | |||
| (277,430) | |||
| 305,453 - |
|||
| 305,453 406,432 |
|||
| 711,885 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 14.
The notes on pages 9 to 17 form an integral part of these financial statements. Page 7
The British Obesity and Metabolic Specialist Society
(Registration number: 1192184) Balance Sheet as at 31 October 2024
| Note Current assets Debtors 11 Cash at bank and in hand 12 Creditors: Amounts falling due within one year 13 Net assets Funds of the charity: Restricted income funds Restricted funds 14 Unrestricted income funds Unrestricted funds Total funds 14 |
2024 £ 114,292 833,129 947,421 (21,319) 926,102 76,117 849,985 926,102 |
2023 £ 66,485 683,125 |
|---|---|---|
| 749,610 (37,725) |
||
| 711,885 108,322 603,563 |
||
| 711,885 |
The financial statements on pages 7 to 17 were approved by the trustees, and authorised for issue on 14 August 2025 and signed on their behalf by:
Mr J P Byrne FRCS Trustee
The notes on pages 9 to 17 form an integral part of these financial statements. Page 8
The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
The British Obesity and Metabolic Specialist Society meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Charitable activities
Charitable income comprises subscriptions, meeting registration fees and event sponsorship, and income to collate and maintain NBSR database information.
Income from charitable activities is recognised when the charity becomes entitled to the resources, the trustees are virtually certain that they will received the resources and the monetary value can be measured with sufficient reliabiility.
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.
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
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 include indirect charitable expenditure and have been allocated to charitable activity cost categories on a basis consistent with the use of resources.
Governance costs include the costs attributable to the charity's compliance with the constitutional and statutory requirements, including independent examination costs.
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.
Trade creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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.
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
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.
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 financial 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.
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
2 Income from donations, grants and legacies
| Grants, including capital grants; Grants from other charities Grants, including capital grants; Grants from other charities |
Unrestricted funds General £ 62,481 62,481 |
Unrestricted funds General £ 32,733 32,733 Restricted funds £ 103,966 103,966 |
Total 2024 £ 32,733 |
|---|---|---|---|
| 32,733 | |||
| Total 2023 £ 166,447 |
|||
| 166,447 |
During the year the charity received funds from The Association of Upper Gastrointestinal Surgery of Great Britain and Ireland (AUGIS) in respect of funds held when the Society was within the AUGIS charity. These funds received were split between the general unrestricted reserves £32,733 (2023 - £62,481), NBSR restricted fund £nil (2023 - £80,966) and SSL restricted fund £nil (2023 - £23,000).
3 Income from charitable activities
| Annual scientific meeting and related events Membership subscriptions - individual and corporate Annual scientific meeting and related events Membership subscriptions - individual and corporate NBSR research and administration |
Unrestricted funds General £ 184,090 170,173 - 354,263 |
Unrestricted funds General £ 195,629 276,050 471,679 Restricted funds £ - - 61,500 61,500 |
Total 2024 £ 195,629 276,050 |
|---|---|---|---|
| 471,679 | |||
| Total 2023 £ 184,090 170,173 61,500 |
|||
| 415,763 |
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
4 Other income
| Other income 5 Expenditure on charitable activities Unrestricted funds General Note £ Annual scientific meeting and related events 163,931 NBSR research and administration - Surgical Support Lead - Allocated support costs 6 93,381 Governance costs 6 1,384 258,696 |
Unrestricted funds General £ 706 Restricted funds £ - 29,205 3,000 - - 32,205 |
Total 2024 £ 706 Total 2024 £ 163,931 29,205 3,000 93,381 1,384 290,901 |
Total 2023 £ 673 Total 2023 £ 150,362 33,508 9,116 81,572 2,872 |
|---|---|---|---|
| 277,430 |
Analysis of charitable activities expenditure
| Conference costs Costs of related events during conference programme Other event costs Training Day costs |
Unrestricted funds General £ 131,766 9,082 3,533 19,550 163,931 |
Total 2024 £ 131,766 9,082 3,533 19,550 163,931 |
Total 2023 £ 144,499 3,678 2,185 - |
|---|---|---|---|
| 150,362 |
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
6 Analysis of governance and support costs
Allocated support costs
| Secretarial and administrative costs Insurance Website costs Printing, postage and stationery Registration fees Committee meeting costs Training costs Subscriptions and licences Sundry expenses Travel and subsistence Bank and payment facility charges |
Unrestricted funds General £ 57,404 2,468 2,310 66 2,265 - - 21,175 3,877 1,359 2,457 93,381 |
Total 2024 £ 57,404 2,468 2,310 66 2,265 - - 21,175 3,877 1,359 2,457 93,381 |
Total 2023 £ 51,106 1,845 - 41 4,792 3,347 927 15,956 987 - 2,571 |
|---|---|---|---|
| 81,572 |
Governance costs
| Independent examiner fees Examination of the financial statements Legal fees |
Unrestricted funds General £ 1,384 - 1,384 |
Total 2024 £ 1,384 - 1,384 |
Total 2023 £ 1,372 1,500 |
|---|---|---|---|
| 2,872 |
7 Trustees remuneration and expenses
During the year the charity made the following transactions with trustees:
£865 (2023: £Nil) of expenses were reimbursed to one of the Trustees during the year.
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any other benefits from the charity during the year.
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
8 Staff costs
The charity had no employees during the period.
9 Independent examiner's remuneration
Examination of the financial statements
----- Start of picture text -----
2024 2023
£ £
1,384 1,372
----- End of picture text -----
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
11 Debtors
| Trade debtors Prepayments VAT recoverable |
2024 £ 14,002 27,404 72,886 114,292 |
2023 £ 29,403 14,291 22,791 |
|---|---|---|
| 66,485 |
12 Cash and cash equivalents
| 12 Cash and cash equivalents | ||
|---|---|---|
| Cash at bank 13 Creditors: amounts falling due within one year Trade creditors Accruals |
2024 £ 833,129 2024 £ 20,019 1,300 21,319 |
2023 £ 683,125 2023 £ 36,426 1,299 |
| 37,725 |
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
| 14 Funds Unrestricted funds General Unrestricted funds Restricted funds NBSR research and administration Surgical Support Lead Total restricted funds Total funds Unrestricted funds General Unrestricted funds Restricted NBSR research and administration Surgical Support Lead Total restricted funds Total funds |
Balance at 1 November Incoming Resources Balance at 31 2023 £ resources £ expended £ October 2024 £ 603,563 505,118 (258,696) 849,985 94,438 - (29,205) 65,233 13,884 - (3,000) 10,884 108,322 - (32,205) 76,117 711,885 505,118 (290,901) 926,102 Balance at 1 November Incoming Resources 2022 resources expended Transfers £ £ £ £ Balance at 31 October 2023 £ 406,432 417,417 (234,806) 14,520 603,563 - 142,466 (33,508) (14,520) 94,438 - 23,000 (9,116) - 13,884 - 165,466 (42,624) (14,520) 108,322 406,432 582,883 (277,430) - 711,885 |
Balance at 31 October 2024 £ 849,985 65,233 10,884 |
Balance at 31 October 2024 £ 849,985 65,233 10,884 |
|---|---|---|---|
| 76,117 | |||
| 926,102 Balance at 31 October 2023 £ 603,563 94,438 13,884 |
|||
| 108,322 | |||
| 711,885 |
The specific purposes for which the funds are to be applied are as follows:
The SSL funds are funds received to support a Surgical Support Lead for the speciality education of healthcare professionals in the area of Bariatric Surgery.
The NBSR restricted funds are funds collected from NHS Trusts and HQIP for the purpose of fulfilling their legal obligation to publish yearly information on bariatric surgery outcomes. This information is collated in the NBSR database.
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The British Obesity and Metabolic Specialist Society
Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)
15 Analysis of net assets between funds
| 15 Analysis of net assets between funds | |||
|---|---|---|---|
| Current assets Current liabilities Total net assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 859,065 (9,080) 849,985 Unrestricted funds General £ 613,434 (9,871) 603,563 |
Restricted funds £ 88,356 (12,239) 76,117 Restricted funds £ 136,176 (27,854) 108,322 |
Total funds at 31 October 2024 £ 947,421 (21,319) |
| 926,102 Total funds at 31 October 2023 £ 749,610 (37,725) |
|||
| 711,885 |
16 Related party transactions
There were no related party transactions in the year.
Page 17