British Obesity and Metabolic Specialist Society Anniial Rei)oi'l aTid Financial Stateiiienls for the Yeai. Ended 31 O¢tobei' 2025 BQSS BRITISH OBESITY & METABOLIC SPECIALIST SOCIETY
Bi'itisl) ObLsity anil MLtubolic Specialist SoLiety Coiiteiits RefeiEiice aiid Adniiiiistrative DetU51s Tiiisices, Report 2to5 Ii)dep¢iideiii Exaiiiiiiej s Ilerx)rt Slatenienl of Fiiiaiicii21 ,l¢iivitie% B&laTrce Shc¢t 9t0 17
Bi'itish Obesity aii(l Metabolic Specialist Society Refereiiee Admii)istitive Details Triistees Iv J P ByrDe FRCS. CII&ii' Mr A Aliired, Pirsidetit Mv O Kliati Mv C Pai'lli1I. Ir11 Ivelboutii Clii'its, Registi'otÈoii Niiimbei. Pi.1cli)l Office o Eyecuiive Busiiiess Sewices CitJJ Whart. David5011 Road WS149DZ Indei)eiident Ei #14}117t1. C.BSL Accokinlanls Liniiled Cliayici'ed Accouiilant RO11 House Norili l Tli¢ Pi'ofessioiial Quarl¢i- Sliirivsbiiry BUSlIesS Park Slireivsbiiry SY2 6LG P&ge I
Bi-itish ObLsity ai)(l Metabolic Spteiali5t SoLiety Ti'ustees, Repoi't Tlie triistces pi'esejit Ilie aiinuAI Itpori iogeiliei. wilh Ilie fiiianLial stAtei)Iciils of the cliarity tor the year eiided.3 Octobe¥ 20?5. StructriJ'e• goveriiaiiee #nil ii)#iiiKeiiiettt Tlie cliarity IS tl Lliaritable incori)orated oiyiiisiatioii - association #nd is govei'ned by Ilie constitiiltoii dated 5 Noveinbei. 2020 and &s anien(led on ?7 Noveiiiber 2020 and 18 Dgceiiibei. 2020. The chavity oiie121es iindei. Ilie nwlle of BOMSS. Rei'iiiiliiil'iil lliidlli)poiiiliiiefflirf olirii.51ee& A5 Set oiit tli¢ c01I5tiliitioii. thcre IiTru51 b¢ at least foli¥ bliaiity trustecs. Cvery chai'ity trustce Inust be api)oii)led foi. a ieriii of tliree ycai's. Iii selecting iiidiviiliials for appoiiilnient as chai'ity Iruslee5, (he appoiiitang body Imusr lidvt Itgayd to the sl(ills, ki)oivledge aiid e.¥pei'seiice needed foi. Ilie eftective adrtiiiiisli'atioIi of Ilie CIO. Eacli iiew cliari(y ii'uslce will receive a copy of ilie eoiistiiutiott and aiiy wiieIidnienls, aiid a copy of the CIO'S latesi Irusiees. ann¢ial rerx)ri atJd.staien)eiit of accouiits. Tlie iiieiiil)evs of BOMSS liave iio liability 10 coiilYibu¢e to die cliari¢y's assets it-llie CIO is wound lip aiid Iiave Tlit ruiltiitig of cliarity is delegated lo tlie Couiicil of Maiiageiiienl. ii,liicli Ig coiisisls ofup to hv¢iity iiidividuals, appoinied by [1¢ iiiei)Ibers of the CIO. Eacli appoiiitineiit sliall be a tei'iii of ilii-ee years. Ti'ustees #lid offi¢ei's Tlie ti'iist¢es aiid offkcei's se¥viiig diiriiig the >'ear and sÉnce tlie )ieai' elld i¥ere as follows.. Tiiistees.. Mr J P Byme FRCS, C.l)air Mi- A Aliiiied. PIEsidtiit Mi. O Kliaii (appN)inted 28 ,4uTrusl 2025} Mr C Pai'maT lappoijilcil I Septejllbei. ?025} Ir R Ivelboui'n Mr S Awad Iit5igiied l 8 Julie 20251 ,Ib C M Boi'g Iresigiied 18 Julie 20251 Mr K M2É liawai.. Treasurei. IirsiL>ned l Noveillber 20251 Mr V S Mciion Ii'esigi)ed 18 June 20251 Page 2
Bi"itish Obesity aiid Metabolic Si)eci#list Society Ti'ustees, Report {contiiiued) Objeciv¢5 Jiii(l ActÈvitios The chl[lIY ivas itgi51ei.ed ivitli Ilie Chai'iiy Coin1111851011 a5 * cliai'ilable iiicoi'poi'aied Oiuaiiilion 011 5 Noveiiibei. ?020. The obje¢i¢ve% of Il)¢ Bi'ilisli Obestty %iid Nqetabolie Speciali%1 Si)ciety IBOMSSI 41re ilie advaii¢eiiieiii foi. tlie public bet]£fit of tlit 5Cltnce an(1 pr#cii¢e of ilie siirgical and Is0¥11¢d iiiulti-Ili5ciplinaiy ti-eatni¢nt of PEople wlio siiffei. fi1 sevei'e aiid coniplck obe51ty. BOMSS 15 a society of surtseoiis aiid otlier liealili piDfessioiials ivlx) specialtse in tlie treatineiit of severe ol)esity and ils Itietabolic coiiditions. Out. Imtssion is to i)roiiiole Ilie liÈgiliest slai?dards ol- experl Iniiltidiscipliiiary cair toi. tliost liviiig with coniplex We also pivvide eypeii advi¢e io a vai'iety ol bodiei lo iiitoi'lll llational policy and coinJiiissioniii8 giiidan¢e pi'oniotijig tlie saf¢ aiid eqiiitable pra¢iice of obesity suriTrery. OhjEC'live5, JlrÉile&Jics fiFid ficliviliys Bo]Ss welconied (lelegates Jii(l indiistiy to its 16th Annual Sci¢iitili¢ NJl¢¢tiiig wlii¢li t¢)ok place Ht tlie Hilto BriJ¢y iloll Meti'oi)ole fitsm 16ih to 18th June 2025. llie Meeting begall iviili a Traiiiing Day for Tyaiiiee SuiE¢ons atid Ititegrated Healtlicare Pi'ote5sionals aiid tl)eii over 300 atieiidets jotTied foi. Ilie 2 day coiifereiice i)IDgraiEiii?e. li. iiienibuship lias now C15sed over 54Q and have seen an excitiiiv array of topics beiiiu disciissed at jourtial clubs aiid ivebiiiars. Specialtst trainiiig pifjgiamnies AC1$5 iiiulti-professioi)al oroups, ei'ealioii of paiieiil faciiie leafleis, videos aiid developiiitiii of lJ%iids oil couiEes liave beeii higlili4his.lve have coiitiiiued io build oli indiisti'ial aclioii aiid pi'ofe5sional uiiic5t. al'e soiiie way oly loiii. visionl of eqiiilablt acct55 to Safe aiid effecrive CalE foi. people liviiiu i¥iili severe ai)d coii)plex obesity aciDss the UK. Illt are comtinuing ro eJi¥iage witli NTCE, Ilje NHS at)d collabo¥aliiig ivttli otliei. extei'iial bodies so Iliai oui. lid our palieiils voicts ale lieai'd. We also noiv l?ave a iiiailiiig list of over 1.670 eoittaL¢s spread all aiLiind tlie world Indtcalin8 our broad rel< cli. Natioiial BJi'ialri¢ SuiEeiy R¢oisliy INBSRI lias also and iTrietabulic 511rgeiy post paiideiiii¢ in¢ludiiig a signilicaiit iiuinber car¥ied oui iii tlie p¥ivaie sector. Ive eontinue to )1'k closely with NHSE Èn IEfining the N10111 Obesity Audit {NOAI. Fiiiidr4i,*iiiAi ¢lisclo.%iiies pIDfebSIOI)¢11 fuiidi'i?ISLr oi. coiiimercial paiticipaloi'to cairy oiit fundiiisin¥. The iriisiees coiitiiiue to develop Ilie cliarity'5 Ix)sIIIoEI as a leading 5peeiali5t society lo provide piiblie bettefil tliiDugli <idvancen)ents iii tlie science, pi'actice and Ii'eatinent of people willi severe an(1 Loinplex obesity. Tlie ti'ustee% coiifii'ni that Iliey liave ¢oinplied with the iiquireiiienls of section 17 of tlie Cliai'ities Act 201 I t liave due retsiai'd 10 tlie piibltc beiiefit uiiidance i)Iil?lislied by the Cliai'ity c.oniiiiissioii foi. EnLiland and Il'ales. Page i
Brit15h ObLsity ancl Metabolic Si)eciali5t SoLiety Ti'ustees, Repoi't {coiitiiiued) riinaiici%l revieiv Ai B l Oc¢obei' 202£ tlie balaii¢e .%lieet slioivs ioial 11111-esti.i¢ted fuii(Is of £l.118,336 12074 £849.98.f}. Iii a(Idilioii tliei'e al'e I'esl¥icted fuiids I'elated lo the NBSR dat?< blE se ot. £18.584. and Siii'gical Suijpoit l.ead of £7,884. Duriiirj the yeai. BOMSS I'e¢eived iiieinbevsliip iiicoii)e of £.$5.210 {20?A . £66,050) iiiid ¢oi'porate Iiiembership siibscriplio¢Es or£149,000 {2024 £210,000). nie I Scieiililic Teet111£ delegate incoine totalled £83,57.$ 12024 £95,384) wilh a fui'tlier £191,118 I?0?4- £100,245) of coipo¥ai¢ sponsoi.ships foi. tlie ¢vent. BOMS8' expeiidituiE toi. tlie yeai. totalled £315.176 12024 - £?90,9011, of wliicli £147,98_1 12024 - £161,931) i'elaied lo Ilie Aiijiual Scieiilific Meetiii£ aiid coiiiitcted eveiits. £46,649110?4 - £29,20511ts NBSR researcli aiid adirii)islialioii ¢osls and £3,00012024- £.1,0001 for SSL eypenditvre. Péilicjy oil reseri'es Ttie Ii'usiees ¥eeogiiise Ilie need for a i'easonable level of fillaii¢i&l iese¥ves iii ordei. to protect tlie ¢harity Irom tlie w)Ssibility ol-aiiy advei'se or iiiifoi'e5ceii ci¥¢u1115¢aiic¢s tIt could al'is¢. tlie l¢vel of tliese irserv¢s lo Inttt tlie futur¢ Iietils ofthe Lhai'ity. StAlenieiit of Trustees, RespDnsibÉlitae5 standa15 Iuiiited tkiiFgdoi)i Geiiel'ally Acc¢i)led Accoiinting Practice) aiid Tlie law applicable lo clTrlr I'lties irquiits tlie tl'UStees to Pl'epare financial sl<11enients for eacli fittaiicic21 J'eai. wliich give a trite and fail. i'iew of the stale of aftait's of tlie cliarity aiid of tlie iiicoinin¥ I'esouices and ai)plicatioti ot ob%'etve th¢ intiliods and pi'iiiciplts Ill tlie Cliavities SORP. mjke jud<¥eitteiils and estiiiiales tliat are i'easoiiable aiid prudeiit: state wliether applici¢ ble accountin¥ stic iidJrd5 11£lve be¢n folloiv¢d, siibj¢Gt to iKatei'i4i1 dep47rt1s1.es disclosed and explained in tlie finaiicial slaleinejits., aiid cliaTIty will conlitiiie in busiiiess. The Ii'uste¢s al'e resiiotisible fo¥ keepiii¥ piY)per accottiititig i-eeoi'ds tli£l1 disclose willi rea%0I14161e e¢ll1?cy <11 any Cliarilie5 Act 2011. the Cliai-ities IALcoiinlg aiid Repailsl Regiilatioiis 2008, aiid ilie piuvi5lOllS Qt Ihc
Briti.81i Obesity un(1 Metabollc Sijeeiali5t SoLiety Ti'iislees, Ilepoi't (¢oiitinuecl) illtlii(led oll ibc cliai'ilabl¢ compaiiy'.% wtbsiic. Legislatioii governing Ilie pitpardliotl Ilisseniiiialion ()I' Tlie aniiLi&I Yepoi't was appioved by ilie triislees of tlie cliai'ity oil Mi. J P Byrnt Tiuste£ Pase 5
Bi-iti8h Obesity #nd Metabolic Si)L'ei&ilist SoLiety ljidependeiit Exainiiiei's Rei)ort to thL& trustees of Bi'itisli Obesit}, ancl Metabolie Specialist society I rewi'l to tlie trustees oli my exainiJi&lioii of tlie fte¢ounis of Bi'itisli Obesity aiid Metaboli¢ Specialisi Society for Ilie yeai. elided 31 OtioI)er 2025. RcspDikfibilities aiid basis of ItyThYi -Is tlie eliai'ity tiiislces of Britisli Obesiiy and Meral)olic Si)e¢ialisi So¢ietJ' you are I'esi)oiisible for tlie l iepon in Irspect of exaniiiialioi) of tlie Britisli Obegil)J aiid Mel<Trbolic SpeciJ115t Socie¢y's aecoiiIits cayried out lliidei. seeLioii 145 of the OI l Act and in cAriyiiiir out Jiiy e.iaitiiiiatioii I Iiave followed &ll ihe applicable Diyeciionb ¥iveii by tlie Chariiy Ctsii)mission iindei. stctioii 14515llb} of tlie ALI. Indei)endetJ EX]]e]. s 5tAtement SiiiLe Bi'ilish Obe%lty aiid fvletabolic Specialist Society's giDss iliLollie exceeded £?50.000 your ¢¥ainiiiet' tlllTSt be a ineniber of a body listed in se¢lion 14.1 of Ilie 201 I Acr. I confii'in tli&t l qLialifJed lo undeiiÉ&e the exainiiiatioii because l aiii a meii)bei' of ICAEIV, wliicli is oiie ot'rhe lisie<l bodi¢s. ac¢oLtlltiiigJ reLoi'ds wei'e iioi kepr iii i'espeet of Bi'itish Obesity aiid Metabolic Speciali51 Society as irquiird by sectioii 130 of the Aci. oi. 2. the ac¢oviils do tioi ac¢ord witli those i'ecoYds- oi. 3. tlie accouiils do Iiot coniply Ivitli Ilie accouiiting requiremeiits coJi¢ei'ning the loiJn and ¢ont¢nt of a011ntS set oul in Ihe Cliai'ities (Accovjils arid Reporisl Rek5iilatioiis ?008 otliei. Ihdli aiiy i-equireiiient ¢ha¢ Ihe aLcouni% bwive a -Iriie aiid fail. vieiv ivliich is not a 13iattei' coiisidei'ed as part of an indepeiidenl xamii)ation. I liave iio coii¢ei)Is atsd Iiave coine across no other iiialters iii c4)iineclion with tlie examiiiaitoii to wliicli aii¢ntioJi should be drawn iii ihis repoi'l ID ordev Lo enable a propel. Lindei'slaiidiiig of tlie accouiils lo be reached. L J 055elton FCA Chai1ered Accouiiiaiii ICAEW Row4n HOSe Noi'tli l The Pi-otessioiial Qiiaiier Slii'ewsbiiiy BIisiEiess Pai'k lii'ewsbiii), SY2 61.,G Date.. Pa<Te 6
British l)b&sity and MLtabolic Specialist SoLiety StatLmeJit of Finaiicial Activities for tlie Year Ei iided 31 Octobei. 2025 Unie5ti'icte(I Resti'ieted Total 2025 Note Incoiiie as1(1 CJi(luwnients froirt: Duiiai(oiis aiid cies 50.4ao 478,921 945 3.()10 50.4(JO 478,92_3 Oihei. in¢oiiie 3,610 5.33.878 533,878 EIptditYIe oti: Cliaritc2ble aclivliies 265,5?7} 149,649 Total ¢ki)enditure (265,5271 149.649 1315.176 Nel inconielleAp¢ndilLllt) 268,351 (49,6491 218,70? 268,351 149,649) 218,70? Recottciliatioii ol. fullds Total futids hi'ouglit forward 849,985 76,117 Tot&1 fund5 Lari'ied for¥vaYd 15 1,118,336 26,468 1,144.80di Uiire5ti'icted funds Resti'i¢red funds Total 2024 Note Ineome and Ci 11(lowtntnt5 Il'oin: Doiiatioiis and leoacies Charitabl¢ a¢liviti¢s Oiliti. incoiiie 32,733 471,079 706 3?.733 471.679 706 Toial iii¢oine 505.118 505,118 Epe111ÉU1t oil: 1958.696) 132.205} {290,9011 Total ¢xpenditiire 1258,696 132,205} ?90,9011 Nei iiicoinellexpeiidiliire 246,422 112,2051 214,217 246,422 (32,205) 214,217 Recoiioiliatloii of luijds Total fuiid5 broLiglit foi'ivard 60.3.563 108.312 711.885 I'otal fuiids ¢atTied forw 84<J.985 76.117 926,109 All of tlie cliat'ity's a¢rivi¢ies del'ive frroiii LonliJiiLing opei'atioiis diii'tng tlie above tw periods. Tlie lunds biY&kdoiwi toi, 2025 & 2024 is sli0,11 tii note I S. Tlie Tjoles o¢i pat)es 9 to 17 fonn un iiiiegral pait of Iliese lii)aii¢ial %(ateineiirs. Page 7
British Obesity MLtabolic SpLeialist Society (Registi'atioi) iluiiiber: 1192184) BlllaiiLe Slieet as at 31 October 2025 202S 2U24 Noto Cuj'jtnt Assets Debtoi 12 13 1?4.197 1,044.760 114.29! 831,129 1.168,957 947.421 Cyedittsrs: An]ouiEts ffilling due ivstliÉn one year 14 {24,1531 121,3191 Net 11ssets 1,144,$04 926.109 Furlils of tlie ¢h&rit}': Restyieteil iiicoine funds Resii'icied funds 26,468 76,117 Uiii*gtJ'icttil incoine funds 849.985 Totil fuiids 1,144,804 926,102 Tlie finaiiLial slalements oll Pages 7 10 17 wei'e appi'oved by Il)e Irustees. and aiitlioi'iscd foi. ISSlLe oil 2U.J41ti.w1d si8iied oil tlieii. behaifb&: It, J l) Byi'ii¢ Ti'usl¢c Tlie iiotes oil pages 9 to 17 foi'iii an iiitegi'al pait of tliese tiiiancial stateiti¢nis. Page 8
Bi'itish Obesity Mctubulic .SpeLialist SoLiLty Notes to tlie Financial Staleineiits foi. the Year Elided 31 Octobei. 202. .4Lcouniiig policies StateiTrieni nf CO711tice Tlie f¢ndncial stateiiittits liavc bceii pripcl1.ed iii a¢coiYlaii¢e witl) tlie second editioii of Ilie Cliartties Siatenieni or Kjiigdoiii and Republic of li'elaiid {FRS 102} aiid tlie Chai'ities Aci 2011. Ba515 of pi'epat-#tion Bz'ilis1I Obesily aiid MelabolEc Si)ecialisl Society Ineels tlie definitioi) of a public beticfit ertt(ty iiiider FRS 102. 'riie accounts Ilinuiicial staieinenisl liave beeii pi'epai'ed uiidei. Ilie liisto¥ical cost cotiventioii witli itejiis i'ecogniscd at Cost oi. Ii'ansacliDii valiie iin1¢55 OtII¢iwisC 5th¢¢d li) the relevant Iiote151 to tl?ese accouiiis. Goiikg ttsiter cottcerii. Intoiiie aii(l etbdoivmcr]tS VolutStai3 incvme incliidiiJ¥ dnatiOnS. gifis. legir cies atid lalIt5 that piavide core fiindit]g oi. are of a ¥eiiei'al Griiiils reL'eiiJuhle have beeii iyiei. Ivliere pertoi'i?iaiice coJi(lilions are #ttaclied to the tsi'llnt aiid ale yet io be Énei, (lie ii)¢oiiie is recogiiised as a liabiliiy aiid Éticliided oil tlie balaiice slieet as deferred iiicoiiie to be released, Div¢deJids cire r¢coBniged oiice Ilie divide&id lias beeii deelared aiid notificatioi) lias l)eeii ieceived of tlie dividcnd due. Cl?ai'itable iiicoiiie coniprists subscripiions, iiieetiiig iegisiration fees aiid eveiit spotisorsliip, and iticoine lo ollate and niainrasii NBSR databast iiiforniatioii. are vii'liially cei'iaiii that rliey will ie¢eived tlie iesources aiid Ilie nioiietaiy value cal) be n7eUl.£d willi siilficieiii All &xpeiiditure is I'ecogiiibed oiice ihere is a leiTI11 or constriiclive obligatioii lo Iliai eiptTidituie, it 19 pi'obdble *etileitteiit is rtqiiii'ed aiid Ilje aniount cali (Fe Imeasui'ed I'elEably. All cosis #i'e allo¢ate(I to ¢lie applicable expeiidiliiye Iieaditig tliat aggrtgale siiTriilai' c05t5 to Ilial calegoiy. W5iei'e cost5 ¢aniiot be (fire¢tly aiti'ibuted to i)arli¢iila¥ Iieadings tliey have l)eeii allocated oil a basis consisletil Iv11] Ilie iise ot'resoui'ues.
Bi'itish Obesity und metbOlIC Si)ecialist SoLiety Notes to tlie Financial .8tllleinenls fot- tlie Yeai. Eilded 31 Oetobei. 2025 (eoiitiiiued) Cli&i'itsblc cxpeiidiluie coiiiprises Iliose ¢osls iiiciiriEd by Ilie thai-ity in Ilie deliveiy of Ils ¢livities aiid sewiees iiidire¢¢ Iiatiiir ne¢ess¢1fy io 8iipyoiI tlien). Siippoi'l Losls iii¢liide iiidire¢t cliai-ltable eypeiidiiure 2nd liave en allocated (o cli1 I'ilable acliviiy cosl LJtLgui'iLS 4)&i a I?lS constslenl wi151 tl?c iise ot rcsoiiices. Pi'ovisii)iis tor gi*nts ale iiiade w]ieii Ilie ithieniioii to niake a ginni has beei) ¢oiiitliuiiieaieti 10 the recipieni biii thei'e is iincerlainly aLN)ilt eiihei. Ihe tiniing of Ilie gruiit or Ilie aiiioiint of giTriii payable, 1.rade del)tDI'5 Tyade debiois are ajmoiitlls due fix)In c115t(>ineis foi. rnercliandise sold or 5eivices perfoi'nied iii 11)e ordinaiy coiiIBe of biisii)ess. li'ade debtors al'e Ircooiii5ed iiiilially at tlie Irans&¢tion price. Tliey are subseqiiei)tl}J ii)e&siiiYd ai aiiioi'iised Cost debrocs is esiablt%lied ivlieii tliere is objeciive evidence Iliai Ilie eliarity will not be able to ¢olle¢i all amouiiis due ac¢oiYliiig 10 U)e original teiyns ot'ilie receivables. CAsli aijd cAsh equivalents Casli aiid cush eqiiivalejiis Comprise ¢asli on liaiid 811d c&ll deposits, aiid oihei. sliort-teriii liigKlily Itqiiid iiivesrineiits thlL t readily conv¢rtiblt to a known &iiiouiii ol. casli aiid are siibje¢t to ali ii)signili¢aiit i?sk of Ti'Ade creilitors Crediioi's and provisioiis al'e IEcooiiised wliere the cliarity lias a pie5eiii obligtstioii resuliinii froiii a i)agt eveiii be iiieasiii'ed or estiiiialed reli¥&bly. Cieditors and piDvisioiis aiE nonnally recogit)ised ai tlieii- seiilenieni aiiiounl after allowiiig for anj tide discoiin15 diie. Fuiid bti'uctuie Unresiricted inc0111¢ fiinds ale geiieral fiiiids Iliat are gLvailable foi. use ai the ii'usiees, dis¢retton iii fuitlieraiiee of R¢slricled iiieoiiie funds are Iliose donated foi. use iji a i)arti¢ular area 01. foi. specifi¢ i)urposes, Ilie use ol. wliich is resi¥i¢ted to IliAI aiEa or pui'pose. 10
Bi'itisl) Obesity lind Metabolic Si)ecialist SoLiety Notes to tlie fi j])aneial Stateiiients foi- tlie Year fi.niled 31 Octobei. 2025 {eoiitiiiued) Recn8ipijlj¢iii llliil iiieii.yiirewieiil liability ib ii)easuitd at Elle pi#seiii value ol. Ilie t'iiture payi¢111$ dis¢04111red ar a rtiarket r8¢e of iiiieresi for a extsis a legally eiifoY¢eable I'iglit io set off tlie I'ecogiiised ainounis aiid Ilie tliayity intends eiiliei. lo settle on a Jiet basis. oi. lo I'ealise the assct and settle tlie liability simultart¢ousSy. FinaiiGial agsels [C dtlfLO&liiised wlien aiid otil>' wlieii al Ilie contiaclual riiThts io Ilie casl) flows fiN)Jii ihe f£iiuncial asset expire or are settl¢d. b} tlie chayiry trJiisfei's anoihei. paYty siibstaiitially all of tlie risks and I'ewards of owiiersliip of the fiiiasiLial assei, oi. ¢1 Ilie ¢liarity, despiie Iiaving I'eiaiiied soiiie, bui Iiot all, SinIfIcallt rksks and relvards of oiviiei'ship, has irniisferyed conti1 of the asset to another party. oi. expii'es. Pabse I I
British Obesity llnd MLtabolie Speei<ilist SoLiety Notes to tlie fi iiiancial Statejneiits for tlie Yeai. F41)(led 3 l O¢tob¢i' 2025 (coiitinued) 2 liicoii)e li1 dnnAtiOllSJ gi'aiiis aiid legici¢s Tot1 2025 Gciici'il 2024 Gi?iits Iivin orler cliarittes 50,1100 50,4QO 32,733 50,400 50,400 32.733 Utii'esti'ieted funds Geiiei'al Total fundg Total for 2024 32,733 32,733 3 liicoitte fyoim chA Yltttble ?ctivitÈes IlnttstrÉtled fiiiid$ Gejieral Total 2025 I'otal 2024 AnnLial sciei?tific rneetiiin and i'elaied evenis Meiiibersliip subsci'ipitai)s - indiwidki&l aiid Corporare 274.713 204,210 274,71 i ?04,210 195.629 ?76,OfO 478,9?3 478.92) 471,679 Uiiyosti'ictcd funds Geiiei'al TotAI futids Totnl for 2024 471,679 471,679 4 1iii'estJiient intoine Uni'estricte fuiids CeiJerAI TotAI fuiids liiiei'est ice1Vable and similai. incoine- Intei'es¢ Itceiv?L ble 01) baiik dewsi15 945 94S Ttktal for 2025 94.f PagTe l ?
Britisl) Obesity ynd MLtaboli¢ Si)ecialist SuLiety Notes to the Fiiianeial Stateinents foi. tlle Year En(led 31 Oetobei. 2025 (coiitiiiued) % Otlier iiiconie Unt'e5ti'ÉcÉed GeiierAI 2025 2024 3,610 706 6 ENpeiidituie oil eliai'iiible #ctivities Ilni'esti'icted Re51rlcted Total Total 2024 Cemeiil Note eveiTrts 147,9¥3 147,9¥.4 163,931 NBSR reseai'cli aiid adminisliulion Sui'gical Suppoi'i Lead Graiii fundiiig of 46,649 46.649 29,205 3,000 3,000 .3,1100 3.000 3.000 Allocated sUI)port costs 100,49? 14,05? 100,492 14,052 93,381 1,384 Goveriiance cosis 265.f?7 49,649 31$ 176 290.901 Analy$is (bf tliAritAble Mctiyities expellditui'e fiirtds Geitei'al Tothl Total 2024 C.onfe¥ence cos15 Costs of related eveiiis diii'in£ coiiference prograimine Otlier event costs 'rraiiiing Day costs 132,050 9,774 6,159 132.OSO 9,774 6,159 131.766 9,082 19.550 147,983 147,983 161,931 Gnni fuiidiiig i'e11L ie5 1() bui3ai.tes plvided Lo two individuals. Pa¥)e 13
Bi'ilish ObLAsity And Metabolic Specialist SoLjet}' Notes lo the Fii)ancial Stateinents foi. tlie Ye&i' Ei niled 31 October 2025 {coi)tiiiued) 7 .4iiilvsi$ of uoi'tl'llgiioe 11 siippoi't C0515 Allocnteil sllpi)oi't co%t5 Unj'estricted fuiid5 Ccncral TotAI 21J2.5 'rotal 2024 Se¢i'etarial aiid adiiiii)isrrdtive costs 68,120 2,349 2,291 68,120 57,404 2.468 2,310 66 Website costs Pi-ii)ting. postage and slationeiy Registratioii fee.% 2,291 32 2.927 21.069 2,927 21,069 1.155 2_58 2.291 Siindiy expeisses Ti'avel aiid subsistellce Baiik nd payinetii facility chai%tyes ,359 2,457 2.291 100,492 100,492 93,381 Govei'iiRnee costs Uiiyestricted futhds GtJiei'AI Totgl 2025 Tot*1 2024 1,384 Legal aiid coiisultiiig fees Oilier goverii&nce costs 6,784 5,855 6,784 5,855 14.052 14.Q52 Othei. govw'iiaiice Costs Irlates lo Coiniiiittee nieering cosis. 8 Ti'ustees i'emunei'atioii oxijciises £224 {?024.. £865) L)f expeiise5 w¢r¢ ¥eimbEirsed lo oiie ol'tlie Ti'uslees duvihur tlie year. No Iru5tees. noi tY persoiis contte¢ted witl) theiiTr: liave I'eceived aiiy i'eiiiiinei'atioii froiii tlie cliarily diiL'lll¥ the yeai.. No Iruslees liav¢ received aiiy oilier beiiefjis froiii Il)e cliai'ily dui'jnu tlie vear. Parre 14
Briti¥h Obesity an(1 Metabolic Si>Leialist SociLtv Notes to tlie Fiilancial Stateineiits foi. tlie Yeai. Et nded 31 October 202_% (continued) StgffLOSt Tlie cliiirÈly hnd iio eimployees dliriiig (lie peritsd. 2025 2024 1.384 Tlie Lliarity is a irLTjsleJrd ch&rity aiid is tlieyefort exenipt fi'oiii taxation. 12 Debtoiy 2024 Tiade debtors Prei)ayiii¢nt5 V AT recove1bLE 29,010 14,00? 27,404 72,886 79,448 1?4.197 114,292 13 CAsh ¥tnd t2Lsli equtv%leiits 2024 Cash &t b*k 1,044,760 833.129 14 Ci'editois: aiiiouiit5 falling due ivitliin ont yoxi. 2024 Tiide ¢redi1013 Ac¢i'uals 21,513 ,640 ,300 21,319 Pagie 15
Bi'itish Obesity aiid MLAtab()lic Speeialist Society Notes to tlie Fiiiancial Stateineiits for the Ye411' Ei ih(le(131 ()ctober 202£ (coiitiiiued} 15 No¥eibel. Resource5 exptn(Ic 2024 'esoui'ee$ Of tober 2025 Iliii'estri¢tL,d fuii(Is Geiieriil Uiiitsiricled lunds 849,985 533,878 1265.5271 Restricted flind5 NBSR Trseairli and 65,233 10,884 146.649) 11,0001 18,584 7,814 SiiiL>ical SLIPPOI'I Lead Total rtsttr'icteil fuiid5 76,117 149,6491 26,468 Total furtlls 926.102 533.878 (315,176 1.144.804 BAlnMce 49t Noweiiibei. lilcul1£ resoui'ees Resoiii'¢e5 BlalIce Ht 3 October 2024 2023 Uiiiesti'ict¢il fiilld5 Geffl2ernl Uiiresli'leted funds 603,563 505.118 12SS,696) 849,985 R¢$tfLCted NBSR t'cseaiLh and 94,438 13.884 129.?05) 13.000) Sui¥%i¢al Sui)Iiori Lead 10,884 'rotal restri¢t¢d fuiids 108,322 1.32,2051 76.117 TotAI fui)ds 505.118 (290,9011 926,102 Tlie specifiL pui'poses foi. whicli rlie fuiids are lo be applied ale as follows.. Tlje SSL fuiid5 11 I'c fiiiids IEceived to siipi)ort a SiirL¥ical Support Lead foi. tlie specialtiy editcalion of Iiealthcair professiotbals iii tlie aira ut. Bariali'ic Sui'geiy. Tlie NBSR ¥esiiicled fuiids ale futids collected froi)i NFIS Ti'usts aiid HQIP for the piiri)ose of fulfillin Iheii. NBSR (laiabase. PaLie 16
British 01)esity and Metabolic Speci4ilist Society Notes to tlie Fiiiancial Stateineiits for the Year n(le(131 Oetobei. 2025 (eontiiiued) 6 .411ry 1)'sis of iiet #ssets betivetii fuiids Uni'estrieted ruiids Genei'al Totil fuiids at 31 Octobti. Resti'icfed fuijds Cui'j'ent asseis ,129,638 -19,319 112.8511 1.16%,957 124.153) Total nei as5eis 26,468 1,144.804 Iliiresti'icted fuiids G¢neral TalAI lutJd% Ht 31 Oetobti. 2024 Resti'icted f5 859.065 19,0801 88,356 112,239) 947,421 121,3191 Total net assets 849,985 76,117 92().10? 17 Related pAI'ty trAiis#etioD.8 Tliere lvei'e no L'elated part), tiansaciions in ili¢ year. Page 17