| Page | |||
|---|---|---|---|
| Reference and Administrative Details ofthe Charity, |
Its Trustees and Advisers | ||
| Trustees' Report | 2-16 | ||
| Independent Examiner's |
Report | 17 | |
| Statement of Financial |
Activities | 18 | |
| Balance Sheet | 19 | ||
| Notes to the Financial Statements | 20-38 |
| Trustees | Dr Norman Boyland DL FRSC, |
Chairmen | Chairmen | Chairmen | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Arthur Mayson ACIB TEP, Hon. |
Treasurer | |||||||||||
| Sheilagh Baker DBO (D), Elected | Member | |||||||||||
| Robert Hayes, Vice Chairman | ||||||||||||
| Jan Penn, Elected Member | ||||||||||||
| Heather Bell DBO (D), Elected |
Member (appointed | 16December | 2020) | |||||||||
| Julia Klrkham, Elected Member |
(appointed | 16December 2020) | ||||||||||
| Maureen Jenklns RN BSc(Hone) |
ANP, Elected Member | |||||||||||
| Company | registered | |||||||||||
| number | 03740647 | |||||||||||
| Charity registered | ||||||||||||
| number | 1075447 | |||||||||||
| Registered | office | 36 Victoria Drive | ||||||||||
| Bognor Regis | ||||||||||||
| West Sussex | ||||||||||||
| PO21 2TE | ||||||||||||
| Chief Executive Officer | N Dsmetriades (to 31 August 2021) |
|||||||||||
| and Company | Secretary | KThomas (from 1 September 2021) |
||||||||||
| Independent | examiner | Kreston Reeves LLP | ||||||||||
| Chartered Accountants |
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| Springfield House |
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| Springfield Road |
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| Horsham | ||||||||||||
| West Sussex | ||||||||||||
| RH12 2RG | ||||||||||||
| Bankers | CAF Bank | |||||||||||
| 25 Kings Hill Avenue |
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| Kings Hill |
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| West Mailing | ||||||||||||
| Kent | ||||||||||||
| ME194JQ | ||||||||||||
| Patron | In absentia | |||||||||||
| Vice Patrons | Ma/or-General Tony Boam CB |
CBE | ||||||||||
| David Bowerman CBEJP DL* |
||||||||||||
| Simon Brett OBE | ||||||||||||
| The Right Hon. the Lord Navnit | Dholakla | OBE DL | ||||||||||
| The Right Hon, the Lord Egremont | DL | |||||||||||
| Herry Goring DL | ||||||||||||
| The Right Hon. Sir Peter Hordem | PC DL | |||||||||||
| MaJor Mark Scrase-Dickens CMG |
DL | |||||||||||
| Masoud Telmory MD DO FRCOphth |
||||||||||||
| The Right Hon. Lord Young of Graffham | FRPS DL | |||||||||||
| * It Is with deep regret that the | Board of | Trustees | has to report | the passing | of our | |||||||
| Vice-Patron David Bowerman |
CBE JP | DL | In June 2020, who | represented | and | |||||||
| supported the charity for many |
years. |
| Forthe year ended | 31 March 202 | 1 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Note | 2021 6 |
2021f | 2021f | 2020f | ||
| Income from: | ||||||
| Donations and legacies |
186,457 | 172,538 | 358,995 | 221,541 | ||
| Charitable activities |
50,035 | 7,445 | 57,480 | 109,965 | ||
| Other trading activities |
6,576 | 6,576 | 24,572 | |||
| Investments | 78 | 78 | 539 | |||
| Other income | 'l14 | 114 | 830 | |||
| Total Income | 243,260 | 179,983 | 423,243 | 357,447 | ||
| Expenditure on: |
||||||
| Raising funds | 66,975 | 66,975 | 69,338 | |||
| Charitable activities |
157,098 | 174,534 | 331,632 | 449,216 | ||
| Total expenditure | 224,073 | 174,534 | 398,607 | 518,554 | ||
| Net movement in funds |
19,187 | 5,449 | 24,636 | (161,107) | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 656,178 | 88,030 | 742,208 | 903,315 | |
| Nst movement in funds |
19,187 | 5,449 | 24,838 | (161,107) | ||
| Total funds carried | forward | 675,365 | 91,479 | 766,844 | 742,208 |
| As at 31 March 2 | 02 | 1 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Note | 6 | |||||||
| Fixed assets | ||||||||
| Tangible assets | 13 | 484,310 | 500,840 | |||||
| Investments | 14 | 100 | 100 | |||||
| 484,410 | 500,940 | |||||||
| Current assets | ||||||||
| Stocks | 15 | 9,364 | 9,165 | |||||
| Debtors | 15 | 13,255 | 20,092 | |||||
| Cash at bank and | in | hand | 288,212 | 246,530 | ||||
| 310,831 | 275,787 | |||||||
| Creditors: amounts | falling due within one | |||||||
| year | 17 | (28,397) | (34,519) | |||||
| Nst current assets | 282,434 | 241,258 | ||||||
| Total assets less | current liabilities | 766,844 | 742,208 | |||||
| Net assets excluding | pension asset | 766,844 | 742,208 | |||||
| Total net assets | 766,844 | 742,208 | ||||||
| Charity funds | ||||||||
| Restricted funds |
18 | 91,479 | 86,030 | |||||
| Unrestricted funds |
18 | 675,365 | 656,178 | |||||
| Total funds | 766,844 | 742,208 |
| Freehold property |
2% on cost |
|---|---|
| Plant and machinery | 33%on cost |
| Motor vehicles | 50%on cost |
| Fixtures and fittings | 33%on cost |
| Computer equipment |
33%on cost |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 6 |
2021 8 |
2021f | |
| Donations | 29,669 | 5,922 | 35,591 |
| Legacies Grants |
5,500 151,288 |
166,616 | 5,500 317,904 |
| 186,457 | 172,538 | 358,995 | |
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2020f | 2020f | 2020 6 |
|
| Donations | 27,555 | 8,009 | 35,564 |
| Legacies | 32,286 | 32,286 | |
| Grants | 650 | 153,041 | 153,691 |
| 60,491 | 161,050 | 221,541 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| 6 | 6 | ||
| Clubs | 1,521 | 1,521 | |
| Sight Care Advisor Service | 16,178 | 7,445 | 23,623 |
| Resource and transcriptions | 13,216 | 13,216 | |
| Outreach | 19,120 | 19,120 | |
| 50,035 | 7,445 | 57,480 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020 6 |
2020 | 2020f | |
| Clubs | 29,622 | 29,622 | |
| Sight Care Advisor Service | 11,454 | 11,454 | |
| Resource and transcrlptlons | 47,688 | 47,688 | |
| Outreach | 21,201 | 21,201 | |
| 98,511 | 11,454 | 109,965 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2021 | |||||
| E' | 6 | |||||
| Income from fundralslng | events | |||||
| Fundraising | events | 144 | 144 | |||
| Fundralslng | sponsored | events | 1,017 | 1,017 | ||
| Raffles &Lotteries | 2,998 | 2,998 | ||||
| Other fundralsing | income | 2,417 | 2,417 | |||
| 6,576 | 6,576 | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2020 | 2020f | |||||
| Income from fundralslng | events | |||||
| Fundralslng | events | 13,985 | 13,985 | |||
| Fundraising | sponsored | events | 2,695 | 2,695 | ||
| Raffles &Lotteries | 3,455 | 3,455 | ||||
| Other fundralsing | income | 4,437 | 4,437 | |||
| 24,572 | 24,572 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 f. |
2021f | |||||
| Invsstmsnt | income | - | local | cash | 78 | 78 |
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2020 | 2020 | |||||
| f. | ||||||
| Investmsnt | income | - | local | cash | 539 | 539 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2021f | 2021 | |
| Other costs | 14,708 | 14,708 |
| Wages and salaries | 52,267 | 52,267 |
| 66,975 | 66,975 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2020f | 2020 5 |
2020f | ||
| Other costs | 32,347 | 2,760 | 35,107 | |
| Wages and salaries | 31,593 | 31,593 | ||
| 63,940 | 2,760 | 66,700 | ||
| Fundralslng | trading expenses | |||
| Total | ||||
| funds | ||||
| 2021 | ||||
| Unrestricted | Total | |||
| funds | funds | |||
| 2020f | 2020f | |||
| Shops - other costs | 2,638 | 2,638 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| 6 | |||
| Clubs | 1,751 | 870 | 2,621 |
| Sight Care Advisor Service | 53,624 | 7,445 | 61,069 |
| Resource and transcriptions | 30,886 | 7,584 | 38,470 |
| Outreach | 70,837 | 158,635 | 229,472 |
| 157,098 | 174,534 | 331,632 |
| Summary by fund type (continued) |
|||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2020 6 |
2020f | 2020 | |
| Clubs | 29,415 | 4,396 | 33,811 |
| Sight Care Advisor Service | 76,422 | 11,604 | 88,026 |
| Resource and transcrlptlons | 54,635 | 8,671 | 63,306 |
| Outreach | 150,690 | 113,383 | 264,073 |
| 311,162 | 138,054 | 449,216 |
| Activities | |||
|---|---|---|---|
| undertaken | Support | Total | |
| directly | costs | funds | |
| 2021 | 2021 | 2021 | |
| 6 | F | ||
| Clubs | 2,621 | 2,621 | |
| Sight Care Advisor Service | 32,669 | 28,400 | 61,069 |
| Resource and trsnscrlptlons | 21,749 | 16,721 | 38,470 |
| Outreach | 162,000 | 67,472 | 229,472 |
| 219,039 | 112,593 | 331,632 |
| Activities | |||
|---|---|---|---|
| undertaken | Support | Total | |
| directly | costs | funds | |
| 2020f | 2020f | 2020f | |
| Clubs | 33,811 | 33,811 | |
| Sight Care Advisor Service | 56,779 | 31,247 | 88,026 |
| Resource and transcrlptlons | 44,922 | 18,384 | 63,306 |
| Outreach | 189,842 | 74,231 | 264,073 |
| 325,354 | 123,862 | 449,216 |
| 2021 | 2020 | ||
|---|---|---|---|
| f | f | ||
| Analysis ofdirect costs |
|||
| Other costs | 12,905 | 41,059 | |
| Staff travel, training, | & recruitment | 1,462 | 7,680 |
| Building &Estates costs |
13,253 | 28,657 | |
| Professional fees |
3,196 | 3,805 | |
| Communications | 11,243 | 10,678 | |
| Equipment costs |
17,190 | 30,244 | |
| Volunteer expenses | 156 | 1,287 | |
| Wages and salaries | 151,360 | 174,665 | |
| National insurance |
16,537 | ||
| Pension Costs | 8,038 | ||
| Depreciation | 8,265 | 2,704 | |
| 219,030 | 325,354 | ||
| 2021f | 2020 5 |
||
| Analysis ofsupport costs | |||
| Finance | 688 | 801 | |
| Other costs | 582 | 1,657 | |
| Staff travel, training | & recruitment | 1,512 | 1,787 |
| Building and estate | costs | 4,416 | 4,225 |
| Professional fees | 9,924 | 9,316 | |
| Communications | 3,189 | 2,856 | |
| Equipment costs |
630 | 534 | |
| Staff costs | 83,387 | 96,911 | |
| Depreciation | 8,265 | 5,775 | |
| 112,593 | 123,862 | ||
| Total costs | |||
| Direct costs | 219,030 | 325,354 | |
| Supportcosts | 112,593 | 123,862 | |
| 331,623 | 449,216 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021 | |||
| 8 | ||||
| Staff costs | 10,754 | 10,754 | ||
| Independent | examination | fee | 3,480 | 3,480 |
| Trustee meeting costs | 182 | 182 | ||
| Legal and professional | 322 | 322 | ||
| Other costs | 2,149 | 2,149 | ||
| 16,887 | 16,887 | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2020f | 2020 6 |
|||
| Staff costs | 11,533 | 11,533 | ||
| independent | examination | fee | 3,220 | 3,220 |
| Trustee meeting costs | 152 | 152 | ||
| Legal and professional | 337 | 337 | ||
| Other costs | 1,772 | 1,772 | ||
| 17,014 | 17,014 |
| 63,220). Staff costs |
, | ||||
|---|---|---|---|---|---|
| 2021f | 2020f | ||||
| Wages and | salaries | 262,270 | 295,630 | ||
| Social security costs | 13,348 | 18,292 | |||
| Contribution | to defined | contribution | pension schemes | 11,395 | 13,688 |
| 287,013 | 327,610 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| No. | No. | ||||||
| Average | number ofemployees | 17 | 17 | ||||
| No employee | received | remuneration | amounting | to more than 660,000 in either year. |
| Investments | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| in | |||||||||
| subsidiary | |||||||||
| companies | |||||||||
| 0 | |||||||||
| Cost or valuation | |||||||||
| At 1 April 2020 | 100 | ||||||||
| At 31 March | 2021 | 100 | |||||||
| Net book value | |||||||||
| At 31 March | 2021 | 100 | |||||||
| At 31 March | 2020 | 100 | |||||||
| Principal subsidiaries |
|||||||||
| The following | was | a subsidiary | undertaking | ofthe charity: | |||||
| Name | Holding | ||||||||
| 4SIGHT Trading | Limited | 100'/ | |||||||
| The financial | results of the subsidiary | for the year were: | |||||||
| Name | Net assetsf | ||||||||
| 4SIGHT Trading | Limited | 100 | |||||||
| 15. | Stocks | ||||||||
| 2021 | 2020f | ||||||||
| Goods for resale | 9,364 | 9,165 |
| 2021 | 2020 | ||
|---|---|---|---|
| 6 | |||
| Due within one year | |||
| Trade debtors | 234 | 537 | |
| Other debtors | 3,521 | 3,425 | |
| Prspayments | and accrued income | 9,500 | 16,130 |
| 13,255 | 20,092 |
| 2021f | 2020 | |||
|---|---|---|---|---|
| Trade creditors | 15,870 | 17,043 | ||
| Other taxatlon | and social security | 5,173 | 6,134 | |
| Other creditors | 181 | 757 | ||
| Accruals and deferred | Income | 7,173 | 10,585 | |
| 28,397 | 34,519 |
| Statement offund | s - current | year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | 31 March | ||||
| April 2020 6 |
Income E |
Expenditure 6 |
In/out 6 |
2021 f |
||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Clubs designated | funds (ses | |||||
| note 19) | 57,475 | 1,521 | (1,751) | (10,305) | 46,940 | |
| General funds | ||||||
| General Funds |
598,703 | 241,739 | (222,322) | 10,305 | 628,425 | |
| Total Unrestricted | funds | 656,178 | 243,260 | (224,073) | 675,365 | |
| Restricted funds | ||||||
| Outreach service |
50,565 | 128,153 | (119,563) | 59,155 | ||
| Clubs | 6,163 | (870) | 5,293 | |||
| Equipment | 1,451 | 5,702 | (7,153) | |||
| Sight Care Advisor | service | 7,445 | (7,445) | |||
| Building | 636 | (432) | 204 | |||
| Volunteering | 2,251 | (2,251) | ||||
| Newsletter | 1,581 | 5,792 | (4,357) | 3,016 | ||
| Big lottery | 23,383 | 21,478 | (21,050) | 23,811 | ||
| Kindness packs | 11,413 | (11,413) | ||||
| 86,030 | 179,983 | (174,534) | 91,479 | |||
| Total offunds | 742,208 | 423,243 | (398,607) | 766,844 |
| Statement offund | s - prior yea | r | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | 31 March | ||||
| 1 April 2019 | Income 5 |
Expenditure f |
in/out f |
2020 5 |
||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Clubs designated | funds (see | |||||
| note 19) | 60,937 | 29,622 | (33,811) | 727 | 57,475 | |
| General funds | ||||||
| General Funds | 750,334 | 155,321 | (343,929) | 36,977 | 598,703 | |
| Total Unrestricted | funds | 811,271 | (377,740) | 37,704 | 656,178 | |
| Restricted funds | ||||||
| Outreach service |
41,822 | 87,270 | (78,527) | 50,565 | ||
| Clubs | 835 | 9,724 | (4,396) | 6,163 | ||
| Equipment | 2,237 | 4,630 | (5,416) | 1,451 | ||
| Sight Care Advisor | service | 150 | 11,454 | (11,604) | ||
| Building | 27,095 | 501 | (3,256) | (23,704) | 636 | |
| Volunteering | 11,330 | (9,079) | 2,251 | |||
| Newsletter | 8,575 | 3,239 | (10,233) | 1,581 | ||
| Big lottery | 52,926 | (15,543) | (14,000) | 23,383 | ||
| Kindness packs | 2,760 | (2,760) | ||||
| 92,044 | 172,504 | (140,814) | (37,704) | 86,030 | ||
| Total offunds | 903,315 | 172,504 | (518,554) | 742,208 |
| Clubs de | signat | ed | funds | |||
|---|---|---|---|---|---|---|
| 2021f | 2020 | |||||
| Income | ||||||
| Clubs income | 1,521 | 29,622 | ||||
| 1,521 | 29,622 | |||||
| Expenditure | ||||||
| Travel | (117) | (4,733) | ||||
| Hall hire | (1,015) | (7,466) | ||||
| Functions | (271) | (15,958) | ||||
| Other expenses | (348) | (5,654) | ||||
| (1,751) | (33,811) | |||||
| Net movement | in | the year | (230) | (4,189) | ||
| Balance | brought | forward | 57,475 | 60,937 | ||
| Transfers | (to)/from | the general | fund | (10,305) | 727 | |
| Balance | carried forward | 46,940 | 57,475 |
| Analysis of net assets between funds - cur |
rent year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| 6 | 6 | 6 | |
| Tangible fixed assets | 484,310 | 484,310 | |
| Fixed asset investments | 100 | 100 | |
| Current assets | 219,352 | 91,479 | 310,831 |
| Creditors due within one year | (28,397) | (28,397) | |
| Total | 675,365 | 91,479 | 766,844 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020 | 2020 | 2020 | |
| 6 | 6 | ||
| Tangible fixed assets | 500,840 | 500,840 | |
| Fixed asset investments | 100 | 100 | |
| Current assets | 189,757 | 86,030 | 275,787 |
| Creditors due within one year | (34,519) | (34,519) | |
| Total | 656,178 | 86,030 | 742,208 |