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||||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||||||||||
||||Springfield
House||||||||||
||||Springfield
Road||||||||||
||||Horsham||||||||||
||||West Sussex||||||||||
||||RH12 2RG||||||||||
|Bankers|||CAF Bank||||||||||
||||25 Kings
Hill Avenue||||||||||
||||Kings
Hill||||||||||
||||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.|||||||||
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|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|
##
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|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|
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|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|
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||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|
##
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||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|
##
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||||||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|
##
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|||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|
##
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|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|
##
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|||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|
##
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##
||||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|
##
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|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|
##
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||No.|No.|
|Average|number ofemployees|||||17|17|
|No employee||received|remuneration|amounting|to more than 660,000 in either year.|||
##
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||||||||||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|
##
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|||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|
##
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|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|
##
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|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|
##
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|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|
##
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||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|
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