| Legal and Administrative Information | 1 | |
|---|---|---|
| Report ofthe Directors and Governors | 2-10 | |
| Independent Auditors Report | 11 | — 14 |
| Consolidated Statement of Financial Activities | 15 | |
| Charity Statement of Financial Activities | 16 | |
| Consolidated and Charity Balance Sheet | 17 | |
| Consolidated cash flow statement | 18 | |
| Notes to the Consolidated Financial Statements | 19—34 |
| Honorary Ophthalmologists | S Armstrong MRCP, | S Armstrong MRCP, | FRCS, DO |
|---|---|---|---|
| M K Tufton BSc, | FRCS, FRCOphth, DO | ||
| Directors And Governors: | Sandra Massey | - Chair | |
| Linda Davies | |||
| Miles Tutton | |||
| Sethan Wyn Roberts | —Vice Chair | ||
| Luci Jones | |||
| Mark Thom | |||
| Clare Caws — co-opted Feb 22 |
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| Peter Curtis — resigned June21 |
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| Marie Dean — resigned August21 |
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| Chief Executive Officer | Lowri Bartrum | ||
| Company Secretary | Lawn Bartrum | ||
| Bankers | Sank of Scotland | ||
| 33 Old Broad Street | |||
| London | |||
| BX2 1LS | |||
| Solicitors | SAS Daniels LLP | ||
| Auditors | Crowe U.K. LLP | ||
| The Lexicon | |||
| Mount Street | |||
| Manchester | |||
| M2 5NT | |||
| Investment Advisors | Investec Wealth | & Investment Limited | |
| 2nd Floor 3 Hardman | Street | ||
| Spinningfields | |||
| Manchester | |||
| M3 31-IF |
| Services | Services | Clients/Client Needs | |||||||
|---|---|---|---|---|---|---|---|---|---|
| > | Three Resource | Centres and two Mobile | Providing access to information, speciakst | ||||||
| Information | Units | equipment and signposting to a wide range | |||||||
| of other services, enabling informed choice. | |||||||||
| These services have resumed face to face | |||||||||
| operation in the post pandemic environment. | |||||||||
| r | Digital Inclusion Training | Informing and supporting people with vision | |||||||
| impairment to engage with and benefit from | |||||||||
| digital information technology. | |||||||||
| This service has successfully been delivered | |||||||||
| online and over the phone during |
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| restrictions, face to face delivery is being |
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| resumed. | |||||||||
| r | Welfare | and | Benefits Advice and Support | Initiating and maximising the uptake of |
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| benefits to support independent living and | |||||||||
| improve wellbeing | |||||||||
| This service has operated over the phone | |||||||||
| with a few essential visits during restrictions, | |||||||||
| more general face to face delivery is being | |||||||||
| resumed. | |||||||||
| r | Rehabilitation Services in North Wales | Providing training in daily living, |
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| delivered | under | contract to |
Local | communication and mobility skills to enable | |||||
| Authorities | independent living. | ||||||||
| Local Authority guidance continues to be | |||||||||
| followed in relation to restrictions. Face to |
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| face work has been phased in. | |||||||||
| > | Befriending | Services | delivered | by | Combating social isolation. These services | ||||
| volunteers | were curtailed due to the COVID 19 |
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| restrictions, however a blend of phone and | |||||||||
| face to face provision is now in place. | |||||||||
| The provision of practical and emotional | |||||||||
| r | Home | Visiting | Service | across | North | domiciliary support enables continued |
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| Wales and West | Cheshire | independence, combats social isolation and | |||||||
| I provides a pathway to information and a | |||||||||
| diversity of other services. | |||||||||
| This service has been integral in keeping in | |||||||||
| touch with people during the pandemic via | |||||||||
| the phone and doorstep visits. There was a | |||||||||
| gradual resumption of face to face visits | |||||||||
| during the year. | |||||||||
| A range | of | affiliated clubs and activity | Enabling social integration and peer support. | ||||||
| groups. | Vision | Support | recruits, | trains | A blend of online, phone and face to face | ||||
| and manages the | volunteers working |
provision has been phased in following |
|||||||
| within the | clubs/groups. | COVID restrictions. |
| >> | Halton Sensory Service | In partnership with Deafness Resource |
|
|---|---|---|---|
| Centre (St Helen’s) and Halton Borough |
|||
| Council, funded by HBC, the Halton Sensory | |||
| Service operates from a centre in Widnes. | |||
| Providing advice, equipment, information, |
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| training and support to people with sensory | |||
| loss, their families, friends and professionals | |||
| working locally. | |||
| The centre is now open with services |
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| continuing to be delivered online and by | |||
| phone. | |||
| )‘ | Family Support Service | — in partnership | The project provides a therapeutic support |
| with the Royal Society for Blind Children | service to families who have a child with | ||
| vision impairment. Support is provided at |
|||
| any point in the child’s development and is | |||
| not time limited. |
| Objective | Set | - | To develop innovative service delivery using experience and feedback |
|---|---|---|---|
| during the pandemic. | |||
| Progress | - | Using experience gained throughout the pandemic services were reviewed for | |
| effectiveness and efficiency. Significant changes included increased | |||
| choice of online and face to face services for information and social contact. | |||
| Examples include the home visiting service increasing their telephone contact | |||
| time enabling more people to be reached each week. The digital inclusion | |||
| is being developed to include online drop in groups for advice giving/problem | |||
| solving. Where needed face to face contact has been phased in, domiciliary | |||
| visiting has been resumed and the mobile information units are visiting a wide | |||
| range ofvenues. | |||
| Objective | Set | - | To develop a new business plan and funding strategy. |
| Progress | - | A planning and performance post was created within the new management | |
| structure. This has resulted in projects to develop a CRM system to collect | |||
| and report on all organisational activity and the creation of a new risk register | |||
| linked into management action plans for each service. This initiative will ensure |
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| accurate and up to date statistics available to the managers and board | |||
| for business and financial planning. | |||
| Objective | Set | - | To continue to raise the profile of the organisation at community level. |
| Progress | - | As planned two Community Development Workers have been appointed. | |
| Their work has begun a programme of profile raising within local communities, | |||
| with the objective of developing new partnerships and referral pathways. | |||
| This has already led to an increase of referrals into services. They | |||
| will also lead a review of Vision Support’s volunteer offering and volunteer | |||
| led services. | |||
| Objective | Set | - | Continued consultation with service users through forums and steering groups |
| To also feed into planning process | |||
| Progress | - | Awaydays were organised with key stakeholders including board members, |
|
| steering group members, managers and a cross section of staff to identify Vision | |||
| Support’s future priorities and revise its current business plan. |
| Notes | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| £ | £ | £ | £ | |||
| INCOME | ||||||
| Donations and legacies | 2A | 275,580 | 275,580 | 54,899 | ||
| Income from othertrading activities | ||||||
| Income from fundraising events | 4,209 | 4,209 | 786 | |||
| Vision SupportTrading Limited sales Investment income Charitable activity Other income |
2C 2B |
2,874,887 10,037 344,920 7,292 |
53,533 7,913 |
2,874,887 10,037 396,453 15,205 |
2,715932 9,987 378,857 9692 |
I I |
| TOTAL INCOME | 3,516,925 | 61,446 | 3,578,371 | 3,170,153 | ||
| EXPENDITURE | ||||||
| Raising funds | ||||||
| Cost ofgenerating Vision Support | ||||||
| Trading Limited Sales | 3 | 2,363,040 | - | 2,363,040 | 2,252,938 | |
| Charitable activity | 3 | 799,665 | 64,109 | 863,774 | 857,629 | |
| TOTAL EXPENDITURE | 3,162,705 | 64,109 | 3,226,814 | 3,110,567 | ||
| Net gains/(Iosses) on investments | (4,957) | - | (4,957) | 23,675 | ||
| NET INCOME | 349,263 | (2,663) | 346,600 | 83,261 | ||
| Transfer between funds | 14 | |||||
| OTHER RECOGNISED GAINS! | 349,263 | (2,663) | 346,600 | 83,261 | ||
| (LOSSES) | ||||||
| Actuarial losses on defined benefit | ||||||
| pension schemes | ||||||
| NET MOVEMENT IN FUNDS | 349,263 | (2,663) | 346,600 | 83,261 | ||
| Funds as at 1 April 2021 | 2,198,146 | 3,159 | 2,201,305 | 2,118,044 | ||
| FUNDS AS AT 31 MARCH 2022 | 15 | 2,547,409 | 496 | 2,547,905 | 2,201,305 |
| Notes | Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| INCOME | |||||
| Donations and legacies | 2A | 661,051 | 661,051 | 690,886 | |
| Income from other trading activities | |||||
| Income from fundraising events | 4,209 | 4,209 | 786 | ||
| Investment income | 2C | 10,037 | 10,037 | 9,528 | |
| Charitable activity | 2B | 344,920 | 53,533 | 398,453 | 378,857 |
| Other income | 7,292 | 7,913 | 15,205 | 9.692 | |
| TOTAL INCOME | 1,027,509 | 61,446 | 1,088,955 | 089,749 | |
| EXPENDITURE | |||||
| Charitable activity | 3 | 799,665 | 64.109 | 863,774 | 857,629 |
| TOTAL EXPENDITURE | 3 | 799,665 | 64,109 | 863,774 | 857,629 |
| Net gains/(Iosses) on investments | (4,957) | - | (4,957) | 23,675 | |
| NET INCOME | 222,887 | (2,663) | 220,224 | 255,795 | |
| Transfer between funds | 14 | ||||
| OTHER RECOGNISED | |||||
| GAINS/(LOSSES) | 222,887 | (2,663) | 220,224 | 255.795 | |
| NET MOVEMENT IN FUNDS | |||||
| Funds as at 1 April 2021 | 1,754,186 | 3,159 | 1,757,345 | 1,501,550 | |
| FUNDS AS AT 31 MARCH 2022 | 1,977,073 | 496 | 1,977,569 | 1,757,345 |
| £ | 230.884 | 665,769 | 896.655 | 860,691 | 1757,346 | 1.754,186 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | £ | 4,504 | 129.819 | 826,409 | 960,732 | (100,041) | |||||||||||||||||||
| Charity | £ | 247,586 | 666,403 | 1,113,989 | 863,580 | 1,977,569 | 1,977,073 | 496 | 1977569 | ||||||||||||||||
| Group | 2022 2021 2022 |
Notes £ £ £ £ £ |
FIXED ASSETS | Tangible assets 9 340.862 331.688 |
Investments 10 566,403 365,769 |
907,265 697.457 |
CURRENT ASSETS | Stock 4,313 4,504 4,313 |
Debtors 11 1,074.132 948,425 338,569 |
Cash at bank and in hand 1,091448 1,026,467 595,831 |
2.169,893 1,979,396 938,713 |
CREDITORS: amounts falling due within one year 12 (529,253) (475.544) (75,133) |
NET CURRENT ASSETS 1.640,640 1,503,852 |
Total assets less current liabilities 2,547,905 2,201309 |
NET ASSETS Z542S05 2201 309 |
CAPITAL AND RESERVES | Unresbicted funds 13 2,547.409 2,198,146 |
Restricted funds 14 496 |
2547905 | These financial statements were approved and authorised for issue by the board onfq /22—and are signed on their behalf by | !i.w | Chair Board Member |
Sandra Massey Glare Caws |
The notes on pages 19 to 34 form part ofthese financial statements |
| 2022 | 2021 | |||
|---|---|---|---|---|
| £ | £ | |||
| Cash flows from operating activities | 358,100 | 108,121 | ||
| Net cash provided by operating | ||||
| activities | 358,100 | 108,121 | ||
| Cash Flows from investing activities | ||||
| Dividends and interest from investments | (10,037) | (9,987) | ||
| Purchase of property, plant and | ||||
| equipment | (82,446) | (132849) | ||
| Proceeds from sale offixed assets | - | - | ||
| Proceeds from sale of investments | 49,864 | 7678 | ||
| Purchase of investments | (250,500) | (23,914) | ||
| Net cash provided by investing | ||||
| activities | (293,119) | (159072) | ||
| Change in cash and cash equivalents in | ||||
| the year. | 64,981 | (50,951) | ||
| Cash and cash equivalents at the beginning of | ||||
| theyear | 1,026,467 | 1,077418 | ||
| Cash and cash equivalents at the end of | ||||
| the year. | 1026467 | |||
| NET CASH FLOW FROM OPERATING ACTIVITIES | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Net incoming resources | 346,600 | 83,261 | ||
| Investment income | 10,037 | 9,987 | ||
| Depreciation of tangible fixed assets | 73,272 | 63,144 | ||
| Loss on disposal | ||||
| Decrease/Uncrease) in debtors | (125,707) | 60,533 | ||
| (Increase)ldecreae in stock | 189 | (172) | ||
| (Decrease)/increase in creditors | 53,709 | (108,632) | ||
| Net cash provided by operating | ||||
| activities | 358.100 | 108.121 | ||
| ANALYSIS OF CASH AND CASH EQUIVALENTS | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Cash at hand | 1,091,448 | 1026,467 | ||
| ANALYSIS OF NET DEBT | At 1 | April 2021 | Cashflow | At 31 March 2022 |
| £ | £ | £ | ||
| Cash at bank | 1,026,467 | 64,981 | 1,091,448 |
| Depreciation is provided at the following life: |
annual r | ates in orderto write offeach asset overits estimated |
|---|---|---|
| Leasehold property | - | 2% straight line. |
| Visual aids | - | 25% reducing balance. |
| Computerequipment | - | 25% reducing balance. |
| Machinery, tools and equipment | - | 25% reducing balance/25% straight line. |
| Vehides | - | 25% reducing balance. |
| Fumiture, fittings & office equipment | - | 25% reducing balance, 25% and 33% straight line. |
| Group | Charity | |||
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Depreciation on Owned Assets | 73,270 | 63,144 | 22,823 | 15,266 |
| Pension Costs | 34,222 | 36,842 | 15,530 | 17,884 |
| Directors Emoluments | 163,010 | 158050 | . | - |
| Operating lease rental expense | 93,751 | 93,348 | 14,000 | 14,000 |
| Directors pension contributions to | ||||
| money purchase schemes | LIS2 | 7.849 |
| DONATIONS AND LEGACIES | ||||
|---|---|---|---|---|
| Group | Charity | |||
| Unrestricted | Unrestricted | Unrestricted | Unrestricted | |
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Donations | 5141 | 1,456 | 5,141 | 1,456 |
| Gift aid from trading subsidiary | - | 385,471 | 639,897 | |
| CJRS income | 4,764 | - | 854 | |
| Legacies | 270,439 | 48,679 | 270,439 | 48,679 |
| 275.580 | 661.051 | 690886 |
| Restricted | Unrestricted | Total | |
|---|---|---|---|
| funds | Funds | Funds | |
| Group and charity | 2022 | 2022 | 2022 |
| £ | £ | £ | |
| Grants receivable | 53,533 | - | 53,533 |
| Contract income receivable | - | 54,042 | 54,042 |
| Rehabilitation services | - | 290,878 | 290,878 |
| 53,533 | 344,920 | 398,453 |
| Restricted | Unrestricted | Total | |
|---|---|---|---|
| funds | Funds | Funds | |
| Group and charity | 2021 | 2021 | 2021 |
| £ | £ | £ | |
| Grants receivable | 48,428 | - | 48,428 |
| Contract income receivable | - | 54,042 | 54,042 |
| Rehabilitation services | - | 276,387 | 276,387 |
| 48,428 | 330,429 | 378,857 |
| VESTMENT INCOME | ||||
|---|---|---|---|---|
| Group | Charity | |||
| Unrestricted | Unrestricted | Unrestricted | Unrestricted | |
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Dividend income receivable | 9,937 | 9,428 | 9,937 | 9,428 |
| Deposit interest receivable | 100 | 559 | 100 | 100 |
| 10.037 | 526 |
| ESOURCES EXPENDED roup |
|||
|---|---|---|---|
| Activities | |||
| undertaken | Support | ||
| directly | costs | Total | |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Costs of generating funds | |||
| Cost ofgenerating Vision Support | |||
| Trading sales | 2363040 | 2,363,040 | |
| 2,363,040 | 2,363,040 | ||
| Charitable activities | |||
| Community services | 306,388 | 108,878 | 415,266 |
| Rehabilitation services | 251,362 | 89,323 | 340,685 |
| Technology assistance | 47,501 | 16,880 | 64,381 |
| Volunteering | 32,053 | 11,389 | 43,442 |
| 637.304 | |||
| Group | |||
| Activities | |||
| undertaken | Support | ||
| directly | costs | Total | |
| 2021 | 2021 | 2021 | |
| £ | £ | £ | |
| Costs ofgenerating funds | |||
| Cost ofgenerating Vision Support | |||
| Trading sales | 2.252.938 | 2,252,938 | |
| 2..252S3B | 2 252.938 | ||
| Charitable activities | |||
| Community services | 289,934 | 146,169 | 436,103 |
| Rehabilitation services | 223,472 | 112,663 | 336,135 |
| Technology assistance | 33,591 | 16,936 | 50,527 |
| Volunteering | 22.747 | 11,467 | 34,214 |
| 569744 | n | 857629 |
| arity | |||
|---|---|---|---|
| Activities | |||
| undertaken | Support | ||
| directly | costs | Total | |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Charitable activities | |||
| Community services | 306,388 | 108,878 | 415,266 |
| Rehabilitation services | 251,362 | 89,323 | 340,685 |
| Technology assistance | 47,501 | 16,880 | 64.381 |
| Volunteering | 32,053 | 11,389 | 43,442 |
| 226.470 |
| harity | |||
|---|---|---|---|
| Activities | |||
| undertaken | Support | ||
| directly | costs | Total | |
| 2021 | 2021 | 2021 | |
| £ | £ | £ | |
| Charitable activities | |||
| Community services | 289934 | 146,169 | 436,103 |
| Rehabilitation services | 223472 | 112,663 | 336,135 |
| Technology assistance | 33591 | 16,936 | 50,527 |
| Volunteering | 22247 | 11,467 | 34.214 |
| 569744 |
| PPORT COSTS | ||||
|---|---|---|---|---|
| Group | Charity | |||
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Staffcosts | 130,117 | 183,462 | 130,117 | 183,462 |
| Personnel/training costs | 2,125 | 8,779 | 2,125 | 8,779 |
| Property and office costs | 10,415 | 7971 | 10,415 | 7971 |
| Computer costs | 8,969 | 30,421 | 8,969 | 30,421 |
| Repairs & maintenance | 4,330 | 976 | 4,330 | 976 |
| Recruitment costs | 3,479 | 276 | 3,479 | 276 |
| Bank charges | 344 | 265 | 344 | 265 |
| Depreciation | 22,823 | 14,525 | 22,823 | 14,525 |
| Subscriptions | 986 | 825 | 986 | 825 |
| Legal & professional | 5,883 | 4,815 | 5,883 | 4,815 |
| Advertising and promotion | 1,941 | 3.030 | 1,941 | 3030 |
| Insurance | 6,659 | 4,792 | 6,659 | 4792 |
| Expenses | 630 | 1,622 | 630 | 1622 |
| Utilities | 6,733 | 3,024 | 6,733 | 3,024 |
| Event and fundraising costs | 352 | 375 | 352 | 375 |
| Investment manager fees | 4,346 | 3,399 | 4,346 | 3,399 |
| Non-recoverable VAT | i&L | |||
| 211,706 | 270,046 | 211,706 | 270,046 | |
| Governance costs | 14,764 | 17,189 | 14,764 | 17,189 |
| 287.235 | 226.470 | 287.235 |
| OVERNANCE COSTS | ||||
|---|---|---|---|---|
| Group | Charity | |||
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Staffcosts | 5,091 | 8,065 | 5,091 | 8,065 |
| Professional fees | 9,570 | 9,100 | 9,570 | 9,100 |
| Committee expenses | 103 | 24 | 103 | 24 |
| 14,764 | 17.189 | 14.764 | 11.189 |
| AFF COSTS AND THE COST | OF KEY MANAGEMENT | PERSONNEL | ||
|---|---|---|---|---|
| Group | Charity | |||
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Wages and salaries | 1,673,183 | 1,648,697 | 558,078 | 584,928 |
| Social Security Costs | 110,319 | 106,970 | 47,987 | 49,736 |
| Pension Costs | 34,222 | 36,842 | 15,530 | 17,884 |
| s as foll | ows: | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £60,001 | -£70,000 | I | 2 |
| £70001 | -£80,000 | 1 | 1 |
| e average number of persons (including part-time staf | f) employed by the Group was: | |
|---|---|---|
| 2022 | 2021 | |
| Vision Enhancement Services | ||
| Management and administration | 9 | 8 |
| Service provision | 19 | 19 |
| Vision Support Trading Limited | 41 | |
| 75 | 73 |
| XED ASSETS | ||||||
|---|---|---|---|---|---|---|
| GROUP | Long | Visual | Machinery, | Motor | Furniture, | |
| Leasehold | aids and | tools and | vehicles | fittings and | ||
| property | computers | equipment | office | |||
| equipment | Total | |||||
| £ | £ | £ | £ | £ | £ | |
| Cost | ||||||
| At 1 April 2021 | 346,915 | 34,567 | 186,188 | 23,711 | 260,396 | 851,777 |
| Additions | 3635 | 2410 | 22,324 | 37,114 | 16,963 | 82,446 |
| Transfers between | ||||||
| classes | ||||||
| Disposals | ||||||
| At 31 March 2022 | 350,550 | 36,977 | 208,512 | 60,825 | 277,359 | 934,223 |
| Depreciation | ||||||
| At 1 April 2021 | 107,625 | 27177 | 158,555 | 13,708 | 213,024 | 520,089 |
| Charge for the year | 18,977 | 2,450 | 16,372 | 11,780 | 23,693 | 73,272 |
| Transfers between | ||||||
| classes | ||||||
| Disposal | ||||||
| At31 March2022 | 126,602 | 29627 | 174,927 | 25,488 | 236,717 | 593,361 |
| Net Book Value | ||||||
| At 31 March 2022 | 223,948 | 7,350 | 33,585 | 35,337 | 40,642 | 340,862 |
| At 31 March 2021 | 239290 | 7,390 | 27,633 | 10,003 | 47,372 | 331,688 |
| CHARITY | Long | Visual | Machinery, | Motor | Furniture, | |
| Leasehold | aids and | toots and | vehicles | fittings and | ||
| property | Computer | equipment | office | |||
| s | equipment | Total | ||||
| £ | £ | £ | £ | £ | £ | |
| Cost | ||||||
| At 1 April2021 | 298,529 | 34,567 | 8,278 | 23,711 | 24,692 | 389,777 |
| Additions | - | 2,410 | - | 37,114 | - | 39,524 |
| Disposals | ||||||
| At31 March2022 | 298,529 | 36,977 | 8,278 | 60,825 | 24,692 | 429,301 |
| Depreciation | ||||||
| At 1 April 2021 | 95,529 | 27,177 | 7,887 | 13.708 | 14,592 | 158,893 |
| Charge for the year | 5,971 | 2,450 | 98 | 11,780 | 2,524 | 22,823 |
| Disposal | ||||||
| At 31 March 2022 | 101,500 | 29,627 | 7,985 | 25,488 | 17,116 | 181,716 |
| Net Book Value | ||||||
| At 31 March 2022 | 197,029 | 7,350 | 293 | 35,337 | 7,576 | 247,585 |
| At 31 March 2021 | 203,000 | 7390 | 391 | 10,003 | 10,100 | 230,884 |
| 2022 | |
|---|---|
| £ | |
| Fair Value at 1 April 2021 | 365769 |
| Additions | 250,500 |
| Sales | (55,097) |
| Change in cash | 10,570 |
| Revaluation | (5,339) |
| Fair value at 31 March 2022 | |
| Fair Value | |
| Investments comprise: | |
| £ | |
| Listed investments | |
| Fixed interest | 209,364 |
| UK equities | 50,796 |
| International equities | 136467 |
| Property | 38,200 |
| Alternative assets | 110,254 |
| Cash | 21 .322 |
| Group investments | 566,403 |
| Investment in subsidiary | 300,000 |
| Charity investments |
| Nature of | Aggregate | Profiti(Ioss) | |||||
|---|---|---|---|---|---|---|---|
| business | Turnover | ofshare | forthe year | ||||
| capital and | |||||||
| reserves | |||||||
| £ | £ | £ | |||||
| Vision | Support | Trading | Limited | Transcription | 820+336 | 511646 | |
| services |
| Group | Charity | |||
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Trade debtors | 740,362 | 784380 | 64,943 | 67422 |
| Prepayments | 330,573 | 154,106 | 270,429 | 52,458 |
| Otherdebtors | 1hZ | 1.i&Z | ||
| 1.074.132 |
| REDITORS | ||||
|---|---|---|---|---|
| Group | Charity | |||
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Trade creditors | 162,793 | 144.980 | 17910 | 44,750 |
| Othertaxes and social security | 145,460 | 135,880 | 13,139 | 16,138 |
| Other creditors | 8,936 | 8,420 | 2,513 | 2,381 |
| Accruals and deferred income | 212,064 | 186,264 | 41,571 | 36,772 |
| 52t2fi3 | 75.133 |
| Transfer | ||||||||
|---|---|---|---|---|---|---|---|---|
| As at | to/from | As at | ||||||
| Charity | 1 April | Gains/ | unrestricted | 31 March | ||||
| 2021 | Received | Expended | (losses) | funds | 2022 | |||
| £ | £ | £ | £ | £ | £ | |||
| Accumulated | fund | L754.186 | 1.D2Z.5I9 | (19S.fifi5J | LLZi | ISZLOZ3 | ||
| Transfer | ||||||||
| As at | to/from | As at | ||||||
| 1 April | Received | Expended | Gainsi | unrestricted | 31 March | |||
| Group | 2021 | (losses) | funds | 2022 | ||||
| £ | £ | £ | £ | £ | £ | |||
| Accumulated | fund | 2ll9t4 | 1516.925 | @i.Z) | t4.951) | |||
| Transfer | ||||||||
| As at | to/from | As at | ||||||
| Charity | 1 | April | Gains! | unrestricted | 31 March | |||
| 2020 | Received | Expended | (losses) | funds | 2021 | |||
| £ | £ | £ | £ | £ | £ | |||
| Accumulated | fund | 1491.317 | 1,P1ii | LZLMi | Z2Th | i44 | ||
| Transfer | ||||||||
| As at | to/from | As at | ||||||
| Group | I | April | Received | Expended | Gains! | unrestricted | 31 March | |
| 2020 | (losses) | funds | 2021 | |||||
| £ | £ | £ | £ | £ | £ | |||
| Accumulated | fund | 2Jfi1.Bul | jjJJ | £2aQ1LZ2 | Z2Th |
| STRICTED FUNDS | |||||
|---|---|---|---|---|---|
| Transfer | |||||
| Group and Charity | As at | to/from | As at | ||
| 1 April | unrestricted | 31 | |||
| 2021 | Received | Expended | funds | March | |
| 2022 | |||||
| £ | £ | £ | £ | £ | |
| Resource Centre grants | |||||
| Halton VRC | 4,000 | (4,000) | |||
| Mobile Info Services (East | |||||
| Cheshire Eye Society) | 4,552 | (4,552) | |||
| Welfare and Benefits (Brighter | |||||
| Outlook) | 11,409 | (11,409) | |||
| People and Places | 23,605 | (23605) | |||
| The Royal Society for Blind | |||||
| Children | (660) | 660 | |||
| Access to work | - | 9,827 | (9,827) | ||
| OtherGrants | 3,159 | 8,713 | 11,376) | 496 | |
| 3,159 | 61,446 | (64,109) | - | 496 |
| the yearto 31 March 2022 the charit | y has suppo | rted each oft | he funds to the | extent of £Nil (202 | 1: £7,692 |
|---|---|---|---|---|---|
| Transfer | |||||
| Group and Charity | As at | to/from | As at | ||
| 1 April | unrestricted | 31 | |||
| 2020 | Received | Expended | funds | March | |
| 2021 | |||||
| £ | £ | £ | £ | £ | |
| Resource Centre grants | |||||
| Halton VRC | 4,000 | (4,000) | - | ||
| Cvic Being There When It Matters | 10,233 | - | (10,233) | ||
| Most | |||||
| Access to work | 2,023 | (2,023) | - | ||
| Gwynt y Mor Community Fund | 14,000 | (28,870) | 14,870 | ||
| The Royal Society for Blind | 6,591 | (9,646) | 3,055 | ||
| Children | |||||
| Other Grants | - | 21,814 | (18,655) | - | 3,159 |
| 10,233 | 48,428 | (63,194) | 7,692 | 3,159 |
| Group | Unrestricted | Restricted | 2022 Total | Unrestricted | Restricted | 2021 Total |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | £ | £ | |
| Tangible fixed | 340,862 | - | 340,862 | 331,688 | - | 331,688 |
| assets | ||||||
| Investments | 566,403 | - | 566,403 | 365,769 | - | 365,769 |
| Currentassets | 2,169,397 | 496 | 2,169,693 | 1,976,237 | 3,159 | 1,979,396 |
| Current liabilities | (529.253) | (529,253) | (475.544) | (475,544 | ||
| Total net assets | 4 | â7P5 | 2J9ll46 | 22012U9 |
| 2022 | 2021 | |
|---|---|---|
| Land and buildings | £ | £ |
| Within one year | 39,500 | 53500 |
| Within two and five years | 136,000 | 139.500 |
| More than five years | 151,417 | 190.917 |
| Other | ||
| Within one year | 39,338 | 36,568 |
| Within two and five years | 25,489 | 57,285 |
| 64.827 |
| INANCIAL | INSTRUMENTS | ||
|---|---|---|---|
| Group | 2022 | 2021 | |
| £ | £ | ||
| Financial | assets measured atamortised cost | 1.835.007 | 1,R2QJB |
| Financial | liabilities measured at amortised cost | fl&793 | 33&64 |
| Financial | assets consist ofcash, trade debtors and other debtors | ||
| Financial | liabilities consist oftrade creditors, other creditors and accruals |
| Notes | Unrestricted | Restricted | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | ||
| £ | £ | £ | ||
| INCOME | ||||
| Donations and legacies | 2A | 54,899 | 54,899 | |
| Income from other trading activities | ||||
| Income from fundraising events | 786 | 786 | ||
| Vision SupportTrading Limited sales | 2,715,932 | 2,715,932 | ||
| Investment income | 2C | 9,987 | 9,987 | |
| Charitable activity | 2B | 330,429 | 48,428 | 378,857 |
| Other income |
9,692 | 9,692 | ||
| TOTAL INCOME | 3,121,725 | 48,428 | 3,170,153 | |
| EXPENDITURE | ||||
| Raising funds | ||||
| Cost ofgenerating Vision Support | ||||
| Trading Limited Sales | 3 | 2,252,938 | - | 2,252,938 |
| Charitable activity | 3 | 794,435 | 63,194 | 857,629 |
| TOTAL EXPENDITURE |
3,047,373 | 63,194 | 3,110,567 | |
| Net (Iosses)/gains on investments | 23,675 | - | 23,675 | |
| NET INCOME | 98,027 | (14,766) | 83,261 | |
| Transfer between funds | 14 | (7,692) | 7,692 | - |
| OTHER RECOGNISED GAINS/ | 90,335 | (7,074) | 83,261 | |
| (LOSSES) | ||||
| NET MOVEMENT IN FUNDS | 90,335 | (7,074) | 83,261 | |
| Funds as at 1 April 2020 | 2,107,811 | 10,233 | 2,118,044 | |
| FUNDS AS AT 31 MARCH 2021 | 15 | 2,198,146 | 3,159 | 2,201,305 |
| Notes | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | |||
| 2021 | 2021 | 2021 | |||
| £ | £ | £ | |||
| INCOME | |||||
| Donations and legacies | 2A | 690,886 | - | 690,886 | |
| Income from other trading activities | |||||
| Income from fundraising events | 786 | 786 | |||
| Investment income | 2C | 9,528 | 9,528 | ||
| Charitable activity | 2B | 330,429 | 48,428 | 378,857 | |
| Other income | 9,692 | 9,692 | |||
| TOTAL INCOME | 1,041,321 | 48,428 | 1 | ,089,749 | |
| EXPENDITURE | |||||
| Charitable activity | 3 | 794,435 | 63,194 | 857,629 | |
| TOTAL EXPENDITURE | 3 | 794,435 | 63,194 | 857,629 | |
| Net (Iosses)/gains on investments | 23,675 | - | 23,675 | ||
| NET INCOME/(EXPENDITURE) | 270,561 | (14,766) | 255,795 | ||
| Transfer between funds | 14 | (7,692) | 7,692 | - | |
| OTHER RECOGNISED | 262,869 | (7,074) | 255,795 | ||
| GAINSI(LOSSES) | |||||
| NET MOVEMENT IN FUNDS | 262,869 | (7,074) | 255,795 | ||
| Funds as at 1 April 2020 | 1,491,317 | 10,233 | 1,501,550 | ||
| FUNDS AS AT 31 MARCH 2021 | 1,754,186 | 3,159 | 1,757,345 |