The Ménière's Society
Report and Financial Statements
Year ended 31 March 2024
Page
Content5
Trustees and Advisors
Report of the Trustees
Report of the Independent Auditor
io
Statement of Financial Activities
li
Balance Sheet and Cash Flow Statement
12
Notes to the Account5

The Ménière's Society
Tru5tee5 and Advisors
Year ended 31 March 2024
Trustees
Mr David Renton (Chair of Trustees)
Mrs Pennie Ford (Vice Chairl
Miss Sara Christopher (Treasurer)
Mr lain (Spikel Bromley
Mr Andrew Clements
Mrs Carol Evans
Mr Colin Hughes
Mr Rory MacNeil
Dr Isabel Spence
Mr Simon Webster
Fund Managers
Sarasin & Partners LLP
Juxon House. 100 St Pauls Churchyard. London. EC4M 8BU
and
CCLA Investment Management Ltd
Senator House, 85 Queen Victoria Street, London, EC4V 4ET
Bankers
Lloyds Bank plc
12 High Street, Haslemere, Surrey, GU27 2JG
and
CAF Bank Ltd
25 Kings Hill Avenue. Kings Hill, West Malling, Kent, ME19 4JG
Audltors
Charnberlains
Elm House, Tanshire Park, Shackleford Road, Elstead, Surrey GU8 6LB
Accountants
Acquis Limited
The Atrium, Curtis Road, Dorking, RH4 IXA
Contact Address
Ménière's Society
The Atrium, Curtis Road, Dorking, RH4 IXA

The Meniere's Society
Report of the Trustees
Year ended 31 March 2024
Preamble
During the year ending March 2024, there was a mix of positive and challenging events
that impacted economic stability within the United Kingdom and beyond. There was a
market rally of stocks and bonds, corporate resilience, and a decline in inflation.
However, banking sector challenges, energy inflation, geopolitical tensions and a
Changing political landscape of large markets continued to place pressure on market
stability. These challenges cascade to the Society operations and challenged the
fundraising environment. The Society is not alone in the Charity community navigating
priorities.
Fundraising showed some improvement along with receipts of donations and gifts
which was a positive result for a challenging landscape. The Society continued to
receive much appreciated legacies and, while sympathi5ing with relatives, we are
extremely grateful for those kind remembrances.
The financial accounts reflect a redurtion in cash position based on a material return of
monies relating to a settled legacy claim. In addition, the cash position reduced year on
year, due to some decline in subscriptions. reduction in interest due to the lower
investment capital value and some navigation of the yearf5 inflationary pressures. The
financial position however remains in a stable position, and the Trustees are informed
at quarterly meetings on income sources and expenditure, to ensure that the financial
position remains sound to support operations.
Objectives and Constitution of the &)ciety
The objectives of the Society continue to be to promote care and relief for sufferers
from Menière's syndrome and related condition5. The Ménière's Society constitution
was adopted on 9 July 1987, and it was registered as a charity on 24 July 1987, following
which various amendments have been made, most recently on 13 October 2012.
Public Benefit
The objectives of the Charity are as stated above, and the Trustees are pleased to have
been able to attract a wide membership and to be able to assist them and others as
described. The Trustees have therefore complied with the duty in Section 4 of the
Charities Act 2011 to have due regard to the Charity Commission guidance in this
respect.

The Meniere's Society
Report of the Trustees- continued
Year ended 31 March 2024
Activities During the Year
Information Services and Hel line
The Society has continued to provide support for sufferers from Ménière's syndrome
and other vestibular conditions, through the Society's telephone/email support service.
Further support, as well as feedback on the research projects funded, is provided by
the annual conference and the publication of the magazine Spin. Membership, at 2,645
on 31 March 2024, is lower than last year12,7851 and the decline is thought to be
attributable partly to an increase in the membership charge and the pressure on
household budgets due to economic outlook, and general inflationary pressure.
Research
The Society continued to finance research into vestibular conditions and further
research is currently being planned. At the year-end £105,087 was committed from the
unrestricted programme and restricted research reserves lof which £56,926 has been
accrued in the accounts for work carried out up to 31 March 2024 but not yet invoiced),
to full or part-fund the following research projects..
Modelling Dynamic Balance using Hearing Aid-Fixed Inertial Measurements.
Cambridge, UK.
Understanding and Treating Visual Symptoms in Per515tent P05tural Perceptual
Dizziness. London, UK.
In Vitro Preclinical ANTI-FN14 Antibody Test and Monitoring of the Clinical
Response in Patients with Meniere's Disease ICLINMONI. Granada, Spain.
Vertigo Reduction by Sensory Attenuation IVERSAI. London, UK.
The Incidence. Diagnosis, and Management of Acute Dizziness in the Emergency
Department. London, UK.
Management and administration
Plans and Ex
ectations
There are current strong reserves, after excluding the Unrestricted General, or
Operational, Reserve the Society is in a good position to finance and promote further
research and to be pro-active in seeking suitable projects that will result in either
immediate application or foundation work. The continued development of the
Society's online and social media presence continues to be a priority. The continued
revitalizing of local support groups is also important.

The Meniere's Society
Report of the Trustees- continued
Year ended 31 March 2024
Financial Review
The Society continues to benefit from very generous bequests (both received and
notified but not yet received) which has added to other incomes. The Trustees are
extremely grateful to supporters for their continued contribution5 and, expressing
condolences to the bereaved, are very appreciative of mentions in wills. Thanks to such
support, the Society is well placed to continue its work and finance further research.
Fundraisin
The Society's fundraising continued to concentrate on building awareness and
relationships, as well as the encouragement of individuals and groups to support a
broad range of artivities from low profile events such as coffee mornings to high profile
ones such as the London Marathon. Although not currently a member, the Societv
follows the guidance of the Fundraising Regulator and, as such, the Society believes it
is successful in fostering a responsible fundraising approach.
Governance and Decision Makin
The Society is run on behalf of the members by a Board of Trustees who control the
activities of the Society and meet at least four times a year. During the year, these
meetings were held by video and in-person conferencing.
Reserves Polic
The Society's General Reserve is considered an Operating Reserve li.e., a nominal fund
available only for the operational activities of the Society and not available for research,
other special programmes, long term investments etc.). It is set at a minimum target level
equal to the Society's annual Operating Expenditure las defined by the Society's approved
budget, rounded to the nearest £IO,0001. Reserve5 at 31 March 2024 were £760,032.
No commitment will be made by the Trustees that would allow the Operating Reserve to
fall below the annual Operating Expenditure of the Society.
The Trustees intend that the Society's unrestricted funds are more than the Operating
Reserve be used in driving research and other progrèmmes under the Society's broader
objectives, subject to operational demands. Such funds are referred to as capital funds.
Subject to the above paragraphs, the Society will aim to treat the receipt of "In Memory
Of" gifts, legacies, and donations as capital funds. Restricted funds will be separately
identified and only used for the general or specific purpose stated by whoever donated
or bequeathed them.
Income or value arising from deposit or investment of the Societvs restricted and
unrestricted funds will be added to these funds in proportion to their balances.

The Meniere's Society
Report of the Trustees- continued
Year ended 31 March 2024
Recruitment and Trainin
of Trustees
Potential Trustees are sought from active members of the Society. Trustee training is
provided by the Investment Managers and by others operating in the general field of
'Charity."
Trustees, Res
The Charities Act 2011 requires the Trustees to prepare financial statements for eath
financial year which give a true and fair view of the state of the affairs of the Society
and of the surplus or deficit of the Society for that year. In preparing those financial
statements the Trustees are required to..
Select suitable accounting policies and then apply them con51Stently.
b. Make judgements and estimates that are reasonable and prudent.
c. State whether applicable accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statements.
d. Prepare the financial Statements on the going concern basis unless it is
inappropriate to presume that the Society will continue its activities.
Trustees, Res
onsibilities
continue
The Trustees are also responsible for keeping proper accounting records that disclose
with reasonable accuracy at any time the financial position of the Society and for
ensuring that the financial statements comply with the Charities Act 2011. They are
also responsible for safeguarding the assets of the Society and thus for taking
reasonable steps for the prevention and detection o* fraud and other irregularities.
Safe
uardin
The Meniere's Society recognises the importance of safeguarding to ensure anyone
engaged in our work or using our services is safe from harm, abuse, or neglect. The
Society has a designated safeguarding lead within the office team and a lead trustee for
safeguarding and provides an update at every Trustee meeting. There have been no
safeguarding concerns during the year. The Society's Safeguarding Policy is available on
request.
Data Protection
The Society operates within General Data Protection Regulations.
Sep 18, 2024
David Renton (Chair of Trusteesl
Date

Report of the Independent Auditor
To the Trustees of The Ménière's Society
For the year ended 31 March 2024
Opinion
We have audited the financial statements of The Ménière's Society I'the Society'l for the year ended
31 March 2024 which comprise the Statement of Financial Artivities, the Balance Sheet, the Cash Flow
Statement and notes to the financial ststement5, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the Society's affairs as at 31 March 2024 ènd of its incoming
resour￿5 and application of resources, including its income and expenditure, for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the requirements of the Charities Art 2011.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISA5 IUKII and
applicable law. Our responsibilities Under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
Society in accordance with the ethical requirements that are relevant to our audit of the financial
statement5 in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concem
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of
accounting In the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any materièl uncertainties relating to events
or conditions that, individually or collertively, may cast significant doubt on the Society's ability to continue
as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in
the relevant sections of this report.
Other infomiation
The Trustees are responsible for the other information. The other information comprises the information
included in the Annual Report, other than the financial statements and our Report of the Independent
Auditors thereon.
Our opinion on the financial statements does not cover the other information and, extept to the extent
otherwise explicitly stated in our report, we do Not express any form of assurance conclusion thereon.

Report of the Independent Auditor
To the Trustees of The Ménière's Society
For the year ended 31 March 2024- continued
In connection with our audit of the financial statements, our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statement% or our knowledge (>btained in the audit or otherwise appears to be materially misstated. If we
identify such material inconsistencie5 or apparent material mi5Statements, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the
work we have performed. we conclude that there is a material misstatement of this other information. we
are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by thè Charities Act 2011
In otjr opinion, based on the work undertaken in the course of the audit..
the information given in the Report of the Trustees for the financial year for which the financial
statements are prepared is consistent with the financial statements,. and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and uriderstanding of the Society and its environment obtained in the course
of the audit, we have not identified material misstatements in the Report of the Tru5tee5.
We have nothing to report in respett of the following matters where the Charities Act 2011 requires us to
report to you if, in our opinion=
the information given in the Trustees, Annual Report is inconsistent in any material respect with the
financial statements, or
adequate accounting records have not been kept
the financial statements are not in agreement with the accounting records and returns.. or
we have not recewed all the information and explanations we require for our audit., or
Responsibilities of Trustees
A5 explained more fully in the Statement of Trustee5' Responsibilities, the Trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view. and for
such internal control as the Trustees determine is necessary to enable the preparatic)n of financial
statement5 that are free from material mi55tatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the Society's ability to
continLJe as a going cc>ncern, disclosing, as applicable, matters related to going concem and LJSing the going
concern basis of accounting unless the Trustees either intend to liquidate the Society or to cease
operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material mi55tatement, whether due to fraud or error, and to issue a Report of the Independent
Auditors that iNclude5 our opinion. Reasonable assurance is a high level of assurance, but 15 not a
guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in
the aggregate, they could reasonably be expected to influence the economic decision5 of users taken on
the basis of these financial statements.

Report of the Independent Auditor
To the Trustees of The Ménière's Society
For the year ended 31 March 2024- continued
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed
below..
We design procedures in line with our responsibilities, outlined above, to detect material misstatements in
respect of irregularities. including fraud. These procedures include making enquiries of the Trustees and
staff of the Society and examining a sample of transactions and balances on a test basis. We review all
legacy income in the period and all salary payments, including verification of the existence of all employees.
The extent to which our procedures are capable of detecting irregularities, Including fraud, is considered to
be reasonable in view of our audit work and the evidence describe above.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uk/audittsrsresponsibilities. This description forms
part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the Society's Trustees, as a body, in accordance with Sections 44 of the
Charites Act 2011. Our audit work has been undertaken so that we might state to the Society's Trustees
those matters we are required to State to them in an auditors, report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Society
and the Society's Trustees as a body, for our audit work, forthis report, or for the opinions we have
formed.
11
Paul J Chamberlain (Senior Statutory Auditorl
Chamberlains Statutory Auditors
and Chartered Accountants
Elm House. Tanshire Park
Shackleford Road, Elstead
Godalming
Surrey
GU8 6LB
Sep 27, 2024
Date.. .............................................

The Ménière's Society
io.
Statement of financial activities for
ear ended 31 March 2024
Includin
statement of com
rehensive income
Note
Unre#riued
Funds
Restrlcted
Funds
Marth 31, 2024
ilnre5trlcted
Funds
Resirlcied
Funds
Marth 31. 2029
Total Funds
Totsi Funds
Income & Ex
enditure
Intome
Incoming Re50urce5
Membership 5ub5criptlOn5
Grants and corporate sponsorship
Donations & gifts
Legacies
Fund r3ising 3Ctivities
Conference
Othergood5 for sale
GiftAid tax recovery
Investment income and interest received
Total Incoming resources
58,242
4,220
31,502
75,391
26,981
1,465
6,944
15,661
24,974
245.380
58,242
5,220
47,249
75,391
27,145
1,465
59,501
2,274
39,666
143,587
31,484
1.016
59,501
2,274
50,313
1478,9131
31,7
1,016
15,748
10,647
1622,5001
216
163
2,718
4.655
24,285
18,379
29.630
269.665
14,753
20.39S
312,679
1,802
17,777
1592.0581
16,555
38,175
1279,3791
Oper*ing Expendiiure
Information service & helpline
SPIN magazine
Conference
Cost of other goods for resale
24,136
10,417
12,313
2,866
160,414
4,371
42,537
4,020
1,955
263,028
24.136
10.417
12,313
2,866
160,414
11,404
42,537
4,020
1,95S
270,061
19,889
17,242
19,889
17,242
16D,872
8,430
59,241
3,060
2,431
271,165
160,872
8,430
59,241
7,033
Manasementand administrative
Governance cost5 (independent audit)
Web site development
Total operating expen5e5
2,431
271,165
7,033
Net incomin8 1 lout8oingTr operatin8 resources
117,6481
17,252
41,514
1592,0581
1550,5441
Research expenditure
Netln¢omln8 1 lovtsolngl re50vrces
177,060
1159,8081
177,060
1177,4561
102,584
1694,6421
102,584
1653,1281
117,6481
41,514
Reallsed and vnreallsed1105se5llgalns
34,968
12.5891
32,380
170,0321
129,3131
199,3451
Transfers between fijnds
1155,3651
155,365
157.8331
57,833
Netmovementlt) funds
1138.0441
17,0321
1145.0771
186.3511
1666.1221
1752,4731
Fund balances brouÈht forward
866,885
38,224
905,109
953,236
704,346
1,657,582
Fund balances carrled forward
728.840
31,192
760.032
866,885
38.224
905,109

The Menière's Society
li.
Balance Sheet as at 31 March 2024
Ma￿h 31.2024
Ma￿h 31. 2023
Fi¥Èd Asset$
Ollice eoulpmeni& computers
Investments
1,845
721.889
723.734
2,465
1.349.471
1.351.936
Current A55e¢5
Stockof ¢on5umable & promotional items
Debtors & prÈp3yments
Bank curreniaccounts & cash
Bank dep051t accounts
Total current a55ets
4,403
20,113
69,568
11,989
I(￿.072
6.485
23,068
98,813
95,372
223.738
Cyrrent LIabil￿e5.. p3yable inone
65,792
3,982
69,774
666,343
4,222
670.565
HM Revenue & Customs
io
NetCurrentA5sets
NetA5spts
36.298
760.032
1446.8271
905.109
Fuhds
Unrestritted
General
PrDBramme
li
li
290.000
438.840
290.000
576.B85
Research
West Yorkshire
li
li
28,805
2,387
35,837
2,387
li
Total Fund5
760.032
905.109
The note5 on page5 12- 16 fTrrm pirt of these Ircovnt5.
The financial statèments werèapproved by thÈ Trustees and authorisÈd for issue on
Sara Chr15ropher (Trea5urerl
Cashflow statement for
ear ended 31 March 2024
Note
2024
2023
Ca$hflowfr¥m DP¢f*ing¥¢tMtI¢S
13
1769.841
189.2011
Cashflowfrom Investlnz actlvltks
12,4481
Disposal of Invettments
622.500
24.974
4.656
5,083
17.777
20.398
63,072
Other investment intome
657.213
98.799
Net increase In Tr5h ind cash eqvivalents
190.4021
194,185
284,587
Cash and cash equfvalent5at end oftheyear
8LJ57
194,185

12.
The Ménière's Society
Notes to the accounts
Year ended 31 March 2024
At¢ountinz Poli¢ies
Basis of accounting
The accounts have been prepared under the historical cost convention, as modified by the
annual revaluation of listed investment5 to m3rket value, and in accordance with applicable
accounting standards, the Charities Act 2011 and the Statement of Recommended Practice
on Accounting for Charities, SORP 2015. Realised gains or losses on disposal of investments
are shown a5 the difference between the atnount at which they were valued at the beginning
of the year, or cost if purchased during the year, ènd sèle proceed5.
Funds 5trurture
The funds of the Society are fully unrestricted and expendable except where they result from
donation5 Qr activitie5 for specified purp05e5, in which c35e they ère Shown a5 re5trirted
funds. Unless stated otherwise, restricted funds are specified as being for research and are
held within the bank balÈntès. The unrÈstritted fund intludÈs a tapital I"programm@"I fund.
which acts as a reserve and quasi endowrnent fund, and a general fund, which is the
Operating Reserve of the Society.
Investment5
Invesrments are st8ted at mid-market vèlue 8t the bèlance sheet date.
Income
SubscriptlQn5 frotn metnber5, which 3rrive during the course of the year, are recorded in the
St3temeDt of Financi31 Activities when received. Investment income 15 taken into the
accounts on the b8sis of the 8mount receivable during the period. Oonations, legacies and
grants receivable are accounted for as soon 35 legal entitlement arises, their amount is
known with sufficient reliability and ultimate receipt Is reasonably certain. Income from
fundr8ising is 811ocated to general or restricted funds in accord8nce with the conditions
under which it Wa5 raised.
Expenditure and allocation of overhead and support costs
Expenditure is included on an accrua15 ba515 and 15 inclusive of VAT where applic3ble. C05t5
are allocated b&tween the funds 8S 8ppropriate. Wher& they apply to restricted and
unrèstritted funds. a rèasonablè proportion is attributèd to Èach. Rentals Èpplicablè to
oper4ting leases, where substantially all the benefits risks of ownership remain with the
lessor, are charged in the 8ccounts in 8 Straight line basis over the leèse term. Contributions
in respect of the comp3nVs defined pension scheme are charged in the year in which thev
are payable to the scheme.
Tanzible fixed assets
Tèngible fixed 8SSetS are stated in the bal8nce sheet at cost less depreciation c8lculated èt
rates intended to write off thÈ extÈss of the cost over the anticipated rÈsidual v31ue of
individual a55ets overtheir estimated useful lives. These rates are currently a5 follow5:
Office equipment
25% per 3nnum on the reducingvalue
Cornputer equiprnent
50% per 3nnum on a straight line basis

13.
The Ménière's Society
Notes to the accounts
Year ended 31 March 2024
At¢ountinz Poli¢ies- ¢Onlirtued
Stock
Stock is valued at the lower of cost, Including irrecoverable VAT, and market value.
Debtors
Debtors are recognis&d 8t the expected settlement amount.
Cash at bank
This includes cash and flxÈd tÈrm deposit accounts with maturltles up to twelve months.
Creditors and provisions
Creditors and provi510ns are recognised when the Society 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 duè to sÈttlÈ the obligation tan bÈ mèasurèd or èstimatÈd rèliably. Crèditors and
provisions are normally recognised at their settlement amount after allowing for any
discounts due.
Pensions
All employees 8re eligible to join the Charity s Pension kheme. which is 8 money purch8se
defined contribution Scheme cornplying with The Pensions Act 1995. Contribution5 to this
scheme are charged to the Statement of Financi31 Activities as they are incurred.
Taxation
The Society is exempt from Corporation Tax on its charitable activities.
Going concern
The Trustees 8ss&ss whether the use of the golng concern basis is approprlète and whether
there are any rnaterial uncert4intie5 related to events or condition5 that n13y C4St Significant
doubt on the ability of the charit8ble company to continue as a going concern. Th& Trustees
make this assessment in respect of 3 period of one year from the date of approval of the
financial ststements. The financial st4tements have been prepared on a going concern ba515..

14.
The Ménière'5 Society
Year ended 31 March 2024
Notes tothe Accounts- continued
2. Return of It
Payment has beèn made duringtheyear of to a leycy received by the Societyfollowin8the discovery of a new will.
3. Investment Income
2024
2023
Income from Investments
Intere5ton cash deposits
4,656
24,974
20,398
17,777
29,630
38,175
4. Staff costs
139,039
10,526
2,959
146,425
10,944
3.503
National Insurance
Pensions
152,524
160,872
Duringtheyear there were an average of 3 employees12023.' 41- One employee received remuneration In the range £60,0￿ to
£70,0￿. For clarity. staff costs are shown within Indirect expenditure 31though 8 proportion relate to charitsble activitie5 in the
provision of support to rnembers. No Trustee received any remuneration.
mlnl
23,572
13,141
2,993
1,344
1,208
1,398
620
3,626
47,902
27,199
17,048
2,857
6,432
282
1,977
647
2,799
59,241
Accountanc¥3nd professional fees
Bank charges and commission
Postage, statlonery and miscellaneous
Travèl costs
Computer, telephone and internet
Dppreciation
Insurance
Inclu(le(l in ?ccountsncy and professional fee5 is auditor's remuneration of £4,02012023.. £3,0601-
5. Research
r•mts
University College London
University of Kent
University of Manchester
University of Granada, Spain
C3mbridge University Hospital
University of Exeter- return of funds
BSNO prize
135,376
43,201
8,024
1,258
25,270
2S,554
723
41,184
500
177,060
102,584
6. Investment mana
er's fees
The fees of 5arasin & Partners are charged within rhe Funds at the rate of 0.75% per annum on the value of the portfolio. Thev
are reflected in the movement in the value of the funds and amounted to approximately £7,730 in the ye8r12023.. £10,358).

15.
The Ménière's Society
Year ended 31 March 2024
Notes tothe Ateounts- torbtinued
7. Tan
Ible flxed assets
ofnce e
ment and com
uters
Cost
Cost at l April 2023
16.279
Cost at 31 March 2024
16,279
OÈ
At l April 2023
Charge for the year
Elimin3ted on di5P05315
At 31 March 2024
13.814
620
14,434
At l April 2023
At 31 March 2024
2,465
1.845
ZOZ4
ZOZ3
8. Investments
Market value at beginningof year
Acquisitions durin8theyear
Disposals durinÉ the year lat value brou8htforwardl
1,349,471
1,412,543
1687,5001
59,918
163,0721
Market value atend of year
Historical cost85 at year end
721,889
660,585
1,349,471
1,347.626
All investrnent5 are held with Sara5in & Partners LLP in the UK. Atthe year end £484,584 was in the Endowments Fund Cla55 AACC
12023.. £1,090,7241, £233,879 wa5 in the Income and Re5erve5 Fund Cla55 A Acc12023.. £255,539) and £3,426 wa5 held in cash
12023.. £3,208).
9. Debto
Dèbtors
GiftAid Tax refund5 due
Other debtors
5,128
3,922
14,018
8,499
11,614
20,113
23.068
10. Creditors
Trède creditors
Provision for repayment of le￿¢V
Other creditor5
1,783
39,103
622,500
8,962
67,989
69,772
670.565
At the year-end the Society had made commitments to research funding of £48.161 notyet included as research costs.

16.
The Ménière'5 Society
Year ended 31 March 2024
Notes tothe A¢¢ounts- contlnued
l. Fund5
Unrestricted
General
Unrestricted
Programme
Unrestricted
Toral
Restricted
Balance at l April 2023
Net Idecreasel/increase
Balance at 31 March 2024
290,WO
576.885
1138.0451
438,840
866,885
1138,0451
728,840
38.224
17.0321
31,192
290,(M)O
Represented by..
Bank and cash
Investments
81,S56
251,857
143,4131
290,(M)O
81,556
690,697
143,4131
728,840
438.840
31.192
438,840
31,192
Restrirted funds
Research
Westyorkshire
Total
Expenditure
Bal3nce at l April 2023
Income
Expenditure
Transfer between funds
Balance at 31 March 2024
35.837
2,387
38.224
24,284
1186,6811
155,365
31.192
24,284
1179,6491
155,365
17,0321
28.805
2,387
The Programme fund constitutes a Capital fund for use in future research and operation5 to which legacies and other capital
balances arefrorn time to time credited as deemed appropriate bytheTrustee5. The unrestricted general fund is the Operating
Reserve of the Society.
12. Trustee remuneration and ex
nses
No Trustee received any remuneration from thecharity. Expen5e5 of £56were reimbursed to Trustee5 in the year12023.. £2381.
13. Retoncili¥tion of netmovemÈnt irb fundsto net eashflowfrom o
eratim
activities
2024
2023
Net movement in fund5
1145,0771
1752,4741
Add back depreciation ch3rge
Deduct interest income
Deduct other investment income
Decrease/lincreasel in debtors
Decrease in stock
Increaselldecreasel In creditors
620
124,9741
14,6S61
2,955
2,082
1600,7911
647
117,7771
120,3981
13,1351
11,7461
605.682
NetC35h used in oper3till8 activities
1769,8411
1189,2011
roval ol attounts
The Ménière's Society is a reco8nised Charity re8iStÉred with the Charity Commissioners under re8iSterèd number 297246. The
accounts and Trustees, reportwere approved by theTrustees on
Sep 18, 2024