P*cac $8rt*
IIEGISTERED COMPANY NUMBEII: 03674948 (Englond and Wales)
REGISTERED CHARITY NUMBER: 1075854
REPORT OF THE TR
AND
FINANaAL STATEME
FOR THE YEAR ENDED 31ST 51AARCH 2024
WA
ALL
THE BUND
MITED
Slanton Rolph & Co LirrHted
Chartered Accountonts
The Old Police Stotion
Wh",tbum Street
Bridgnorth
Shropshire
VN16 4QP

WA
ALL
THE SU
UMITED
CONTEPITS OF THE FINANCIAL STATEMENTS
R THE YEAR EN
ED 31ST MAR
24
Page
Report d Ihe Truslees
Independenl Exomlnerfs Itewl
Slalement ol Flnanclal Acllvilies
Balonce Sheet
Notes lo the Hnanclol Stalements
Delalled Slalemenl ol Hrbanclal Acllvlmes
21 to ?

WA
IETY K>R YHE BLIND
MIT
REPORT OFTrIE TRUSTEES
FOR THE YEAR ENDED 31
T MARCH 2024
The Trustees of Walsall Society for Ihe 81ind Limited nhe SocieVI present their report and accounts for Ihe yeor
ended 31 st March 2024.
Chaknian's Inlroducffon
l am pleased to be able to report another satisfaclory yeor I￿ Ihe Society.
We are rep￿ling a very modest deficit of about £3.IXQ this yeor. and the financial pO￿tIon of the Society
remains satisfactory. hos been Ihe case in recent year5. the generosity of our donor5 has ersabled us to
continue providing our core 5crvice5 ￿￿thOUt deP￿tIng the Society'5 reSe￿e5.
We hove ogain been successful in attrocting exlro funding for st)ecific projects. the details of which ore given
in Note 17 of these accounts. This additional funding is helping us to broaden the horizons of our wort. toking
odvantoge of new technological developments. and calering for the needs of the changing demographic of
the people secknng our hclp.
I continue to be omozed and humbled by the efforts of everyone connected wilh the Society and its work. I
make no apology for repeating my onnual message of groleful thonks to all those who make the work of the
Society possible: our doncKs and funders for their extracKdinary generosi￿. our CEO and her stoff for their
dedicalion. hard wtyk. and above oll the empalhy and care shown lor the msUal￿ impaired peoFAe Ihat seek
our help.. our volunteers who give their time. energy. and talènts with unstinting reliability ono kindness: and of
COu￿e. my fellow Trustees. Thank you again. everyone.
John Cooke
Chaimian ol TnJst•es
9th September 2024
TRUSTEES. REPORT
The financiol stotements that fdlow this rèr)ort nrp Drgpcjrpd in or.r_nrdnnr_g with finrtnr_inl RprJi)rlTrno Stondnrd
102 ond Ih: FKovision5 of Ihe Companies Acts. The Society is exempt from Ihe reouirement lo hove an audil,
but it5 accounting records ond these financiol statements hove been subjected to an independent
examinotion by a firm of Chortered Accountonts ond Registered Auditors.
The Society is both a regislered company limiled by guorontee, and o registered chority. The Society's
registered compony number 15 036749481England and Wolesl. its registered charity number is 1075854. and ils
principal ond registefed office is-.
H￿eV House
I l Hatrherton Rood
Wo15011
West Midlands
wsi Ixs
Eoch Trustee of the Society is olso a Direclor of the Society. The Socievs Trustees and Direclors are:
John Cooke Ichoirmanj
Julie Horris
Amara Ismail El Bonna
Richord Meere
Kevin Merchant
Lourence Shore (Treosurarl (resigned 30th September 20241
Boljeel Siyan
Dawd Smith twice Chairmonl
Elizabeth Smith
The Socievs Compony Secretory and Chief Executive Officer 15 Arnondo Reed.
Poge I

ALS
soa
FOI THE BUND UMITED
REPORT
F THE TRUSTE
It THE YEAIt ENDED 31ST MARCH 2024
The Soclety's Memoroqdum and *hcles of Association are ils goveming cjocuments. ffte Society is govemed
by o boor¢y of at least three Tfustees. Each Trustee is oppointed by o vote at a general meeting of the Society
ond is subject lo re-election every third yeor. Every person OPF)oinled as a Tnjstee musl also be wlling to serve
as a Director of the Society.
The Trustee5 0ver5ee the running of the Society. meeting ot least four times eoch yeor to rewew and plan its
operctions. The CEO appointed by the TnJstees looks after the doy-toéay activitres of the Society. leading o
small team of dedicated staff by exorrple with passionate commitment and energy.
The Society is o Icngestoblished institution, well-known ond volued by local people. some of whom support
thc Socicfy with o regular commitment of their time and expertÉse. In a typical year. the Society benefits from
about 1.444 hours of voluable lime given by volunteers.
OBJECTIVES AND ACTNMES
The Society's purpose and Its pvbllc benefft
The Society e￿5t$ to prowde information. support and friendship to all Visua￿ impaired people Imng in the
large Metropoliton Borough of Wolsall. now recognised os one of the mosl deprived areas of the country wth
a diverse and ageing population. We aim to help anyone wth visual impoirment that need5 our help. whether
regislered blind or not. We ore the main and by for the large51 provFder of visual impairment services in Waball.
working alongside the Sensiyy Supp￿tr teom of Wo15all Metropolitan Borough Council.
The Trustees have considered the Chority Commission's guidance on the pubEc benefit requirement ol the
chariti.es Act 2011 ond are satisfied that the Society meets that requiremenl.
Servlces provlded by the Soclety
The Society cuffenty SUpp￿ts op￿0X1MQtety 1.447 vwoly irrpaired individuals ond the demand f￿ its Services
is increasing eoch year.
Our Communlty Ollkers provtde personal support to visuoTry impoired people ond their famli ies at Ha￿ev
House or in their own hoffes and communiltes. Thi5 one-to-one work is al the heort of what we do. advising
ond supwting people wth anylhing that visuol impoirment makes challenging in daily life.
We maintain the register of Blind und PoTtiuny Sighted people on beholf of WalsaTr MBC. After referral by a
Consultant Ophlholmologisl. our ReglstraHon Officer assists with the proce55 of registrotion ond advises on the
benefils it con bring.
Our Soclal Aclmlles Cenfre is open every weekdoy. Convenientty situated in Woboll tovm centre near the bus
stolion, It is o popu'.or meeting ploce for groups of wsuotty impaired people to enjoy octiwlies such as arts and
crafts. quines and entertainment. Social isolation is otten a consequence of sight Ioss. 50 our centre is an
essential resource for the local visually impaired community to meet and Ihu5 enable its members lo remain
indepenaent in a iafe environment. It is lorge enough even to accommodate Ihe Wotsall Vwally Impaired
Bowtrs Group.
Our weekly Watsall Talldng New¥￿Per is exlremely popvlor. Each week in ovr ovm in-house studio. we record,
edit ond produce more than four hours of content Nthich is then distributed on memory sticks by post, or by
digitol download. We abo produce o monthty Avdlo Magazlne wilh more thon ￿e1ve hours of content.
Digitol lechnology designed specificoty for visuaty impoffed people is ropId￿ beconThng more advanced and
readily avoiloble. In response to growing demand. we have on Asslsllve Technok)gy Omcer. This important
seNice prowdes both group ond one-to￿ne training sessions on generic yr￿rt demces tailored to meet the
needs of each indiwdual.
Achlevements and performonce
We ore aKYays busy. and OLff WO￿ benefits the fives of mony visuolly impoired people in WoLs011.
vtilh the restrictions creoted by COVII>I 9 now fully bthnd us. our acttwties have ni)sty retumed to nornal.
This yeor we dealt with 3.059 enquiries ot our reception desk. handled more Ihan 7.5￿ community case5. ond
offered 2.161 placement5 in our Social Actimties Centre la'placement. 15 Simp￿ the opportunity for one person
to ottend one session). We sent out more than 7.P£Q copies of the Wa&all Talking Newspoper. ond we know
thal many more people listen to it through online plottom￿.
Page 2

IETY FOI THE BU
MifED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
PINANCIAL REVIEW
Financlal revlew and pollcy
The Trustees are extreme￿ grateful once agjin for the astonishing￿ generous 5UPPOrt the Society hos received
from its donors. Donations and legacies received Ihis year total £181.486. not much lower than the £203,698
received lost yeor. The Society depends heowty upon the donalions ond legacies it receNes because our
inveslment income - despite on incre05e Ihi5 yeor to £91.737 from £83,644 in 2023 - represent5 only obout 23%
of what we need to maintain our services, the cost5 of which this year were £389.(%921£356.783 in 20231.
Coutious. prudent finoncial p0￿cleS are adopted by Ihe Trustees to monage Ihe inewtable fluctuations in the
Society's income. Maintoining a Development Fund Idescribed belowl is o fundamental and essential part of
this opproach. The Trustees delegote the monogement of the Society's investments to a firm of professional
investment athser5 With the brief lo maintoin o bolonced portfolio wth moderate risk. The TTU5tees' aim is to
mointain Ihe reol value of Ihe SocieV5 investments in Ihe long term wllh a wdent mrxlure of equities, bonds
and cash, and that aim continue510 be met by the investment athser5.
With the pvbfi5hcd ratc of infFotion now having retumed to on acccplablc Icvel. Ihe Tru5tce5 are 5oti5fied thot
the Socievs financial resources ore adequote ftx the continued provision of its Core services for the
foreseeoble fulure.
Reserves and lunds
Details of our reserves ore Sho￿ in note 17 of the occounts. Our reseNes consist of restricted and unrgstri¢ted
funds.
Restricted funds can On￿ be used for specific purposes occording to conditions imposed by their doncK5. Note
17 give5 detaiLs of the reslricled funds.
Unrestricted fvnds are the bakjnce of our reserves. accumulated since the inception of Ihe Society. These
funds Ore required to ensure thot - in accordance wlh tt)e Chority Commission's guidelines - the Society has
sufficienl funds to ensure Ihol it can continue lo prowde it5 core service5 to the visually impaired community of
Wolsall for at leasl anolher years. These unfeshicted funds include a special designated fund. called the
Development Fund.
The Developmenl Fund was created by Ihe Trv5tee5 to protect the long-tem future of the Society and Ihus the
interests of the visually impaired commvnity of Walsall. H¢)vAey Hovse - the prenNses from which the Society has
operoled since 1986 - is leased on terms under which Ihe Society could be asked, wth just Iwenfy-four months.
otice, lo find altemotive premises. The Development Fund is thus intended to provide for the costs of the
relocation of the Society should Mis become necessary. The Trustees would seek to ensure the Socievs
secvrity of tenure in ony new premises by ocquiring a freehold or Suit0b￿ long leasehold interest. the c051 of
which, together wth renovation work. 15 cvrrenHy estimaled by Trustees lo be £1.6 miifion.
STRUCTURE. GOVEINANCE AND MANAGEMENT
Governlng documenl. orgonlsatlonal slruclure and Irustees
Details of the Societ¢s goveming documents. Ofgani5ational structure and trustees are covered within the
Report of Ihe Tru5tee5 above.
Rlsk revlew
The Trustees hove o duty to identify and remew the risks to which Ihe Society is exposed and to ensure
oppropriate contro15 are in ploce to prowde feosonotAe ossurance againsl fraud and error.
The Trustees are sotisffed that adequate systems ond procedures are in operation to miligate agairsst the
mojor risks faced by the Society so as TO minimise Ihe potential impocl on the Society should any of those risks
materiolise. A risk register hos been estoblished.
Further detaib of the Socievs performance are contoined wthin the Report of the Trustees obove.
REFERENCE AND ADMINISTRATNe DETAILS
Reglslered Company number
03674948 (Englond and Wolesl
Reglstered Charfty number
1075854
Poge 3

WALSALL SOCIETY
R THE 8UND
MIT
REPORT OF THE TRUSTE
R THE YEAR ENDED
TMAR
H 2024
Reglstered offlce
Ha￿eY House
I l Hotherton Ro(Jd
Walsall
West Midlands
wsi Ixs
Trustees
John Cooke Ichairmanl
Julie Horris
Amora Ismoil El Banna
Richord Meere
Kevin Merchant
Laurence Shore Ureosurerl (Resigned 301h September 20241
Baljeet Siyan
Dawd SrrHth Iwice Chairman)
izabelh Smith
Company Secretary
Amanda Reed
Independent Examlrber
Adrian Rclph. FCA CTA
stanton Ralpn & Co ￿rr￿ted
Chartered Accountont5
The Old Police Station
Whilbum Street
Bridgnorth
Shropshire
WV16 4QP
Ap￿￿0ved by the ChoffrTrJn of the Trustees on 9th September 2024 and %gned on its behalf bv:
David Smilh -
stee
Page 4

DENT EXAMINER'S REPORT TO THE IRUSTEES OF
WALSALL SOCIETY FOR THE BLIND LIMITED
Respecllve ResponslblllHes ol Ihe Truslees and Examlner
The TnJslees (who are also Ihe Direct￿S of the compony for the purF)oses of compony lowl cyre respon%ble for
the preparation of the occounts in accordance wlh the requirements of the Companies Act 2006 fyhe 2CK)6
ACV'I. The compoD.Is Trustees consider Ihot an oudil is not required for this year under Part 16 of the 2CQ6 Act
ond that on independent exanNnation ￿ needed.
Huviiig 5oli5fied myself Ihat Ihe accounts of the choritabk company ore not required to be audited Under
Part 16 of the 2006 Act and are eligible for independent exominotion. I report in respect of my examination of
your choritable componvs accounts 0$ corried ouf under section 145 of the Chorities Act 2011 fThe 2011
ACY'I. In corying out my examination I have followed the tlrections given by the Charity Commission under
section 145151 Ibl of the 2011 Act.
Independent Examlnerfs Stalement
In connection wlh my examination, no material matters have come lo my attention which give me cause to
believe thot in. ony molersal respect:
[1) occounling records were not Kept in occordance wlh seclion 386 of the Companies Act 2CQ6: or
rill the account5 do nol occord with such records." or
riiil the accounls do nol compty with relevont accounting TequirerrEnts under section 396 of the Componie5
Acl 2CK16 other thon any requirement thot the accounts give a 'true and foir, view which is not o matter
considered os part of an independent exominalion: OT
rivl the accounts hove not been ￿epared in occordance with the Charities SORP {FRSI 021.
I hove no concems and hove come ocr055 no other rrK3tter5 in connection with the exomination to ￿lch
attention should be drown in Ihis report in order to enatde o proper under5Ponding of the accounts to be
reac
Adrion Ralph FCA CTA
stanton Rolph & Co Limited
Chartered Accountants
The Old Police Station
Whitbufn Slreet
Bridgnorth
Shropshire
WV16 4QP
9th September 2024
Poge 5

LL SOCIEtY FOR THE BUND UMtWED
STATEMENT OF FINANCIAL ACTIVITI
FOR THE YEAR ENDED
IST MARCH 2024
31.3.24
Totol
funds
31.3.23
Total
funds
Unrestricted
fund
Restricted
fund
Notes
INCOME AND ENDOWMENTS FIOM
Donotion5 and legocies
66.587
14.899
181.486
203.698
Charftable odlvllles
Council funded and other chorttable
oclivities
42.632
42.632
42.632
Other trading activities
Investment income
9.378
91.737
9.378
91.737
11.611
83,644
Total
167.702
157.531
325.233
341.585
EXPENDITURE ON
Roising funds
61.514
1.937
63.451
58.186
CharlTrobl• oelfvlNes
Council funded and other charitable
octiwties
150.149
175,482
325.631
298.597
Tolal
211,663
177.419
389,C482
356.783
Net gainslllossesl on investments
56.206
56.206
1154.1411
NET INCOMEIIEXPENDITURE)
Transfers belween funds
12.245
115,3631
{19.8881
1 5.363
17,6431
{169.3391
Nel movement In funds
13.1181
14.5251
{7.6431
1169.3391
RECONCILIATION OF FUNDS
Total fund5 brought forward
2.272.364
41,367
2.313.731
2.483.070
TOTAL FUNDS CARRIED FORWARD
2.269.246
36.842
2,306.088
2.313.731
The notes form part of these tinanciol statements
Page 6

WALSALL
THE BU
BALANCE
HEET
H 2024
31.3.24
Total
fund5
31.3.23
Total
funds
Unrestricted
fund
Reslricted
fund
Note5
FIXED ASSEts
Tongible assets
Investments
12
13
2.073,874
2.073.874
2.021.932
2.073.876
2,073£76
2.021.934
CURIENT ASSETS
Slocks
Deblor5
Cosh at bank
458
4.228
204.98AJ
458
4.228
242.641
15
37.661
XQ.975
9.666
37.661
247.327
30.5.632
CREDITORS
Amounts falling due within one year
(14.2961
1819)
115.1151
113.8351
NEf CURRENT ASSETS
195,370
36.842
232.212
291,797
TOTAL ASSETS IESS CURRENT UABILMES
2.269.246
36.842
2.306.0&9
2.313,731
NET ASSETS
2.269.246
36,842
2,306.(
2,313.731
FUNDS
Unrestricted funds
Reslrictèd fiJnds
17
2.269.246
36.842
2,272,364
41.367
TOTAL FUNDS
2.306.088
2.313.731
The charflotAe compony is enttmed lo exernption from au(Sit under Section 477 of me Companies ACI 2tXJ6 for
the yeor ended 31st Morch 2024.
The members hove not required the company to obtain an audit of its financial statements for the year ended
31 st Morch 2024 in occordance wth Section 476 of the Companies Act 2CQ6.
The ITUStees acknO￿edge their responsibilities for
ensuring that the choritable comFxJny keeps accounting record5 that compty wth Sections 386 and
387 of the Companies Act 3x16 and
preporing financial stotemenls ￿lch give o Inje ond fair wew of the stole of affairs of the choritable
company os ot the end of each financial year ond of its surplus or deficit for each financial year in
occordonce with the requirements of Sections 394 and 395 and which othewse comply with the
requirements of the Componies Act 2CQ6 relating lo finonciol statements, so far os applicoble to the
charilable comFX]ny.
tbl
The notes form part of these financial statements
Page 7

ALL SOCIEtY FOIE THE BUND UMttED
BALANCE SHEET- contlnued
31 ST IIAARCH 2024
These financial stolements h(sve been [Kep￿ed in aCC￿danCe wilh Ihe provisions opplicoble to charitoble
componies subjecl to Ihe smoll componies regime.
The financial statements were approved by the 80(Yd of Trustees and aulhuised for issue on
9th September 2024 ond were signed on its behaLf b
John Cooke - Trustee
Dawd Smith -
lee
The notes form port of these financial statements
Page 8

WALSALL S
IND UMITED
NOTES TO THE FINANCIAL STATEMENTS
THE YEAIt ENDED 31ST MAR
H 2024
ACCOUNIING POLICIES
Basis of preparfng Ihe ffnanclol slatements
The Society is a public benefit entify os defined by FRS102. The financial statements have been
prepared in accordance wth Accounting and Reporting by Chorities: Stotement of Recommended
Proctice applicable to choTrties ryeparing their occounts in acccxdance with the Finonciol Reporltng
Slondord applicable in the United Kingdom ond Republic of Irelond IFRS1021. the Charities Act 2011.
Ihe Componies Act 2C06 and UK Generally Accepted Accounting Practice.
The financial slatrements are prepared on o going concem t)osis under the historical cost convention,
modificd to include certoin items ot foir volue. The finonciol stotemenls ore presented in steding vAiich
is the funclionol currency of the Society ond rounded to the nearest £1.
The signifcant accounting poficies appfied in the preparation of Ihese financial statements are set ovt
below. These poScie5 have been con5is*enttry applied to all years presented unless otherwise stated.
Funds
Unrestricted funds ore avoiloble use ot Ihe cf15cretion of Me Trustees in furtheronce of the generol
objectives of the Society and have not been de￿gnated for ot￿er purposes.
Designoteo funds comprÈse unrestricted fund5 thot have been set a￿de by the Truslees for particulor
purpose5. Further detoils are given in the Tru5tees' Rep￿.
Restiicted funds are funds vknich are to be used in occudance with specific reslrictions imposed by
donors or which hove been raised by Ihe Society for particular purposes. The costs of raising and
odrrynislering wch funds are charged ogyinst the specific fund. Further detai15 are given in Note 17.
Income
JI incorning resources are inclvded in the Statement of ￿nancial Acfrvities ISOFAI when the Society is
legally entilled to the income atter any performonce conditions hove been met, Ihe omount can be
measured reliabfry. and il is probable that the income will be received.
For donations to be recognised the Society wll hove been notified of the omounls ond the settlement
date in ￿lting. If there are conditions attoched to the donolion and this require5 a level of
performance before entillement can be obtained then income is deferred until those conditions are
fully mel or the fuifilmenl of Ihose conditions is wthin the control of the Society and il is ryobable that
Ihey be fulfilled.
Donated focilities and donated professional services are recognised in income at their fair value when
Iheir economic benefit is ￿0babIe. it can be measured rel10b￿ and the Society has control over the
item. Fair value is deterrruned on the basi5 of the value of the gift to the Society: for example the
amounl Ihe Society would be willing to pay in the open morket such focilities ond services. A
corresponding amount is recognised in expencfilure.
No arnount is included in the financial statements f(y volunleer lime in line wth the SORP IFRS 1021.
Further detail is given in Ihe Trustees. Report.
For legocies entitlement is recognised on Ihe eorlier of the Society being notified of an impending
distribution or the legacy being received. Someltmes legacies be notified lo the Society but il is not
Possible to meosure the arrnunt expected to be dislTibuled. On Ihese occosions Ihe legacy is treated
as a contingent asset and disclosed in the notes lo the financial 5tatement5.
Income from Iradir)g actimthes includes incorrE eamed from fundraising events and trading activities lo
raise fund5 for the Society. Income is received in exchange for 5upplw.ng gocds ond 5eNices in order lo
raise funds and is recognised vthen entittement hos occurred.
Income from government and other gronts ore recognised ot fair value when the Society has
entitlemenl ofter any perfcrfmance conditions hove been met. il is ￿0babIe thot the income will be
received ond the amounl cor, be meosvred reliobly. If entitlement is not mel then these amount5 are
defeffed.
Poge 9

WALSALL
OCIEtY
BUND U￿￿ED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
IE THE YEAIt ENDED 31
MARCH 2024
ACCOUNllNG POUCIES - conllnued
Income
Investment income is eamed Ihrough holding asset5 for investment purposes such as shares ond bonds.
It includes dividends and interest. l#Vhere it is not procticoble to identify investment monogement cost5
incurred w7lhin o scheme wth re050nable occvrocy the investment income is reported net of these
costs. Inveslment income is included when the omounl can be measured reliably. Interest income is
recognised using the effective inlere5t method and dividend income is recognised as the SocieV5 right
to receive payment is estoblished.
Expendllure
AJI expenditure is occounled f¢X on an occruo15 basi5 and has been clossified under he0￿IngS that
oggregate al costs related to the category. Expenditure is recognised where there is o legol or
constructive obligation to make payments lo th￿d parties. il is rxobable Ihot ttie settlement will be
required ond the amount of the obligotion can be meosured reliably.
The c05t5 of roising funds include the costs associated wilh ottracting voluntary income and the c05t5 Of-
trading for fundraising pU￿oses.
Expenditure on choritoble acliwties includes Ihose costs incurred by the Society in the defNery of it5
octivitie5 ond Services for its beneficiories. It includes both cost5 that can be ollocoted direclly to such
aclivities and those cosls of on indKecl nolure necessary lo support them.
Other expenditure represents those items not folling into the colegories above.
I￿eCoVerable VAT is charged a5 on exDen5e agoinst Ihe activity for which expencfilure arose.
Suppcffl costs aRoc¢JMon
Support costs are those that a55iSt the work of the Society but do not direclty represenl chorilable
aclivities ond include office costs, govemance costs and administrative payToII costs. They are incurred
directty in support of expendilure on the objects of the Societr. where support costs connot be direc
attributed to porticulor heodings they hove been allocoled to cost of raising funds and expenditure on
choriloble activities on a basis considered lo be reasonotty consistent w￿*h use of the resource5.
Fundraising costs ore those inCu￿ed in seeking voluntary contributions and do not include Ihe costs of
disseminoting InfonT￿tion in supwrt of tt)e charitoble octivities.
The anafysis of these costs is included in Notes 6 ond 7.
Tanglble fixed assets
Tongible fixed assets are stoted at cost or Vo￿a￿on less occurwlated depreciation ond accumvlated
impairment losses. Cosl includes costs directty attribula￿e to maknng the asset capable of operating as
intended. As*ts with o c051 below £5.C£O are not copitalised.
Depreciation is ryovided on oll torKJible fixed asset5. al rates colcuFated lo wyite off the cost. less
estimaled residual value, of each asset on a systerrotic bags over it5 expected uselul life as follows:
Leasehold buil¢Sings ond improvements
Computer equipment
5% pa straight line
33% pa straight line
Slock$
stock5 arc volucd ot Ihc k>wcr of c05t and net rea￿sabIC value. ofter making dvc ollowonce for
obsolele and slow mving items.
Page 10

ft)IE THE BLIND UMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnu
FOR THE YEAR ENDED
MARCH 2024
ACCOUIfflNG POUCIES - confinued
Penslon c¢)sts and olher posl-reltremenl benellls
The Society operates o defined contribulion pension scheme for its employees. Contributions payable
to the pension scheme ore chorged to the STalement of Finonciol Actiwties in the period to which they
relate.
Debtors and ¢redllors ieeelvablelpayoble wllhln one year
Debtors and creditors wttr) no stoted interest rate arir* receivable ¢N payable vthin one year are
recorded at transaction Pfice. Any losses arising from Impoi￿rEnt (Ye recognised in expenditure.
Investments
Listed investments are volued at open nthet volue wrlh reoltsed and unreofised gains and losses
odjLlSted within the Statement of ￿nancI01 Aclivrties in occordance wth the requirements of the
Charitiei Statement of Recommended Practice and FRS 102.
Impaknient
Assets not measured ot fair volue ore revtewed for any indicotor Ihot the osset moy be impaired ot
eoch balance sheet date. If such indication e￿$t$. the recoveroDle amount of the asset, Of the assefs
cosh generating unit. is estimoted and corrpared lo the coffwng amount. Vthere the corying amovnl
exceeds its recoverable amount an imr)oirmenl Ioss is recognised in profit and loss unless the osset is
carried at a revalued amount. where the imF)airffent105s 15 0 revoluotion decrease.
Employmenl benellts
When employees have rendered setvice lo Ihe Societ¥. short-term employee benefits lo which Ihe
employees are entitled are recognised ot ttrie undiscounled amounl expected to be paid in exchonge
for thal service.
The Society operates a defined conlribulion plan for the bene.fit of its employees. Contributions are
expensed os they become payable.
Tax
The Society is an exempt charity wrthin the meaning of schedule 3 of the Charities Act l ond is
con¢iderea to pa55 the tests sel out in Parograph I Schedule 6 finance Act 2010 so thal it Iherefore
meets the definition of a choritoble compop.y for UK corporotion tax purposes and so that the Society is
exempt from corporation lax on its chaTitable activities.
Going concern
The financial statements have been prepared on a going concem basis 05 the TnJ5tees believe thol no
malerial vncertainties extst. The Trustees have considered the level of funds held and the expected
level of incorne and expenditure for twelve monlh5 from aulhorising these financiol statements. The
budgeled incorne and expendilure are Sufficient wlm Ihe level of reserve5 for the Society to be able to
continue as o going concem.
Pagell

AL5ALL 5
R TH
BUND UMITED
TES TO THE FINANCIAL STATEMENTS - conllnued
R THE YEAR ENDED 31ST MARCH 2024
DONAlloNS AND IEGACIES
Restricted Unrestricted 31 .3.24
31.3.23
Midland Societies f¢y the Bfind
Talking Newspaper
General
Box collections
Day Centre Metrobox collections
Legocies
Corporole Trust ￿n￿oIsing
Charitoble Trust Fundraising
Generol and adrrunislration
Gift old
Charities Trust and aid donations
2.148
2.148
1.435
8.239
3,193
1.437
5.456
8.239
229
229
40.764 40.764
246
105.237
3,450
83.248
637
651
114,899
12.5CQ 127.399
515
515
594
594
78
78
114.899
66.587 181.486
203,698
In 2023 income from donotions and legocies wos £203.698 0* which £70.252 was attributatle to
restricted funds and £133,446 wos attribLrtoble lo unrestricted funds.
OTHER TRADING ACTNMES
Restricted Unreslricted 31.3.24
31.3.23
Soles of WTN bricks
Sales of livrng old5 and equipmenl
Social octivity cen*re
Other Income
519
8.043
2.311
738
5.654
3.231
493
5.654
3.231
493
9.378
9.378
11.611
In 2023 all income wos attributable to unrestricted funds.
INVESTMENT INCOME
31.3.24
31.3.23
Inleresl on investirèents
Inteiesl on UK 5ecurilie5
Income from equities ond unil trusts
11.501
4.037
76.199
1.819
2,842
78,983
91.737
83.644
In 2024 ond 2023 011 inconE trom ini￿Stments was attribulabFe to unreslricted funds.
Page 12

WALSALL S
UND UMITED
NOTES T
THE FINANCIAL STATEMENT5 -
ontlnu
FOR THE YEAR ENDED
IST MARCK 2024
INCOME FROM CHARifABLE ACTIVITIES
Restricted Unrestricted 31.3.24
31.3.23
Walsall Metropolitan Bofough CovncA:
Registro*ion. Informotion and Liaison Service
cen.tre Management
18.623
24.(K19
18.623
24.￿9
18.623
24.CQ9
42.632
42.632
42.632
RAISING FUNDS
Volvntory
Income Funt*oising
31J.24 31.323
Cost of goods sold
Property costs
Funthaising and publicity
Solafies ond stoff expenses
General and office expenses
10,086
1.589
327
li.497
2.660
10.086 13.730
1.589
2,627
327
48.789 39.126
2.660
2.323
31.292
32.159
31,292
63.451 58.186
CHAItITA8LE ACTIVITIES COSTS
Commu
nity
wth&
Tech
Officer
Translati
on ond
talking
Centre
monog emo
ement
nce
Registr
ation
octiviti
es
31.3.24
31.3.23
Talking
newspaper
equip, reps &
moint
Sundry gonts &
gift5
Property costs
Salories and
stoff expenses
General &
offica exoenses
Accountsl book
kecping
Jndraising and
Publicity
634
634
3.267
212
8.939
212
30.587
360
37.103
2,867
3.576
397
18.226
35.539 56.247
117.213
12.192 4,873
244.290 217,879
4.531
5,985
8.978
14.963
3.549
662
38.668
27,104
7.476
7.476
9.462
736
82
3.764
3.422
25.624
46.470 71.693
143.168
32.662 6.014
325.631
298,597
Page 13

WALSALL SOCIETY
R THE BUND UM
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED
T MAIECH 2024
TRUSTEES. REMUNERAnoN AND BENEFITS
The Trustees neither received nor waived any remuneration during Ihe year {2023.' none).
Trustees. expenses
The Truslees did not claim any expenses thi5 year or10st year despite being entitled to do so.
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
So-ial security costs
other pen&on costs
268.827
15.159
5.042
238,177
11,793
4.097
289.028
254.067
The average monlhty number of employees dLKing the year wos as fcAIow5:
31.3.24
15
31.3.23
Average number of empk)yees
No employees receNed emoluments of more than £60.1￿ during the year {2023'. nonel.
The lotal omount of employee benefits received by key monagement personnel is £48.033 12023:
£45,969). The Truslees consider the key managemenl personnel to be Ihe Chief Executive Officer.
io.
PREVIOUS YEAR'S COMPARATIVE FIGURES FOR SVATEMENT OF FINANCIAL AcnvmES
Unrestricted
Restricted
fund
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
133.446
70.252
203.698
Charftable aclmlles
CoiJncil funded and othercharitable
oclivities
42.632
42.632
Other troding actiwlies
Investmenl income
11.611
83,644
11.611
83,644
Total
228.701
112.&94
347,585
EXPENDITURE ON
Roising fundi
56.936
1.2X¢
58.186
Chatttablè octfvffles
Council funded and other choritoble
activities
178.833
119.764
298.597
Total
235.769
121.014
356.783
Net goinslDosse51 on investments
{IS4.1411
1154.1411
NET INCOME/(EXPENDITUIIE)
Tronslers between funds
(161,2091
{13.2471
18.1 ￿$)
13.247
1169,3391
Poge 14

ALSALL S
THE BUND UM
NOT
TO THE FINAN
IAL STATEMENTS - conmnued
FOR THE YEAR ENDED 31ST MARCH 2024
io.
pttEVIOU5 YEAIE'S COMPARATIVE FIGURE5 FOIE STATEMENT OF FINANCIAL ACTNMES - conllnued
Unreslricted
Restricted
fund
fund
Total
funds
Nel movemenl In lunds
(174.4561
5.117
1169,3391
RECONCILIATION OF FUNDS
Total fund5 brought for¢¥ard
2.446.8
36.250
2.483.070
TOTAL FUNDS CARRIED FOItWARD
2.272,364
41.367
2.313,731
GOVERNANCE COSTS
31.3.24
31.3.23
Accoun,. oncy I poyroll and independenl exarrlnerfs fees
Support costs
Inveslment monagement costs
7.476
6.017
11.587
9.462
6.253
8.809
25.oe
24,524
Accountancy I payroll ond independent examinerfs fees includes an independent exanynation fee of
£ I,0￿} 12023 £1.CUII and PLIYTOII seNices of £1.476 12023 £1.3621.
12.
TANGIBLE FIXED ASSETS
Short
leosehoid
Computer
eqvipment
Totots
COST
At I st April 2023 and 3151 March 2)24
121.636
11.245
132,881
DEPREcIAlloN
At I st Ar¥il 2023 ond 31 st Morch 2024
121.635
11.244
132.879
NET BOOK VALue
At 31 st March 2024
At 31 st Morch 2023
13.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At I st April 2023
Additions
Disposois
Realisee gains
Nel vnrealised gains
2.021.932
67.831
172.0951
34.118
22.088
At 31st March 2024
2.073.874
NET BOOK VALUE
At 31st March 2024
2,073.874
At 31 st March 2023
2.021.932
Page 15

AL
THE
UN
NOTES TO THE FINANCIAL STATEMEN
FOIE THE YEAR ENDED
1ST MAR
ntln
73.
pixtD ASSET INVESTMENTS - conllnued
Cost or valuation ot 31 st March 2024 is rewc5cnted by:
Lrsted
investments
Valuation in 2024
Cos-,
783,201
1.290.673
2.073.874
Investments at mathet volue comEYise:
31.3.24
31 .3.23
Fixed interest funds ond gilts
Equi'.ie5
Property ar,d infrastructure funds
134.391
1.607.362
332,121
117.992
1,535.063
368.877
2.073.874
2.021.932
Inb'eitments were volued at closing mid-Mo￿et volue os ot 31 March 2024 by EFG Harris Ajlday.
independent stockbroker5 regulated by Ihe Financial Services Aulhority ond a member of the London
stock Exchonge.
14.
STOCKS
31.3.24
31.3.23
Stocks
458
Is.
DEBTORS: AMOUNTS FAWNG DUE WITHIN ONE YEAI
31.3.24
31.3.23
Prepayments
4.228
3.848
Page 16

ALL 50CIEtY FOR THE BLIND UMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 315T MAIECH
16.
CREDITORS- AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trode creditors
Social security ond other toxes
other creditors
Accrued expenses
2.032
4.434
2.750
3.745
846
6.494
7.611
15.115
13.835
Page17

WA
SOCIETY FOR THE BUND UMtrED
NOTES TO THE FINANCIAL STATEMENTS - conllnued
FOR THE YEAR ENDED 31ST MARCH 2024
17.
MOVEMENT IN FUNDS
Openlng
Balance
Incomlng
Resource
Ilesowces
Expended
Galnsl
Oosses)
clo￿ng
Balancè
Tronsfèrs
Unresmcled:
Generol fund
Development
fund
672,364
167.702
{211.6631
56,206
{1 5.363}
669.246
I.6￿.c
1.6CQ.(KMJ
2.272.364
167.702
1211.6631
56.206
115.3631
2.269.246
Reslrfcted:
Cen￿e
management
Reg15trolion,
Inlormotion and
Lioison Service
Chariloble Trust
Fundroising
Children in
Need
5evem Trent
Water
BHFS Trusl
The Notional
Lottery- Awards
for Al
Edward &
Dorothy
COd￿ury
Good Tr.ings
Fodp,dation
Poit-ode Local
Trust
The Hospitol
Solurday Fund 2
The &eaffice
Laing Trusl 2
Ulveiscroft
Foundation 2
D Bostock
Legacy
The National
Lottery
Community
Fund - RC
Midlands
Region
Leeds Building
24.CK)9
132.6621
18.623
125.623}
1786)
9.991
19,922}
429
2.78£1
2.625
15.4051
785
14911
12941
216
12161
{i.(Mxii
25.C(Q
123.4701
12.IXOI
1881
2.092
15891
1,503
760
62.875
158.5131
5,122
11.5621
562
The INED
Choritable Trust
The Clive
Richard5
Foundation
LiS1ie Johnson
Choqtable Trust
Bernard Sunley
Foundotion
The Screwfix
Foundotion 2
(5(XJJ
11.6141
114
12.2301
2.770
13.IX)71
1.993
Page 18

ALLS
ND
MIT
NOT
TO THE FINANCIAL STATEMENTS - conllnved
R THE YEAR ENDED 31ST MARCH 2024
77.
MOVEMENT IN FUNDS - conllnued
William A
Codbury Trust
The Boshier
HiD.ton
FoJr,dation 2
Tr.e SaintbLry
TnJSt
14391
161}
1.260
1.143
Community
Grant
One Wolsall
WM Police
Hospital
Saturday Fund 2
Notional Lottery
Awards for All
Granthom Yorke
Trust
{1.120}
1.795
{1.6761
14.465
14.465
2.388
41.367
157.531
1177.4191
15.363
36.842
Total funds
2.313.731
325,233
1389.0821
56.206
2.306.088
CGrr.muiity' Sight Loss Supp¢Yt: The National Lottery Community Fund - RC Midlands Region, has
prok',ded us with OiJr first year of funding trom its Reaching Communities Fund. This generous support has
enaL)led us to deli'ier our communify based outreoch support to odults wilh wsual impainnent as well as
crealing o new aworeness roising ro￿ which is reoching out to unregistered individua15 who are
shuggiing with vision challenges.
Children and Young People- BBC Children in Need has promded its third year of funding to enable us lo
continue our cOM￿￿nity support for wsually impoired children. young people ond their families. We are
delighted thot lunding from the Granthom Yorke Trust ha5 enabled us to establish o new Youth Club
engogement octiwty with our young visuolty impaired service u5eT5.
A55is-:ive Technolow. A grant from the Hospital Salurdoy Fund has enobled us to purchase o new item
of mognificalion equipment which ts ovailoble to the sight loss community for demonstration and loon
purposes. We have olso inslolled o drimng simulotion experience in our Social Activity Centre thanks to
a grant from the Liifie Johnson Choritoble Tru51.
Mentol Health and Wellbeing: A gront from the Poslcode Locol Twsl. received during the prewous
financial yeor. has been utilised Ihis year to deliver the second year of our mental heolth ond wellbeing
service. FoilDwng the completion of the Sevem Trent Community Fund funded pilot initiative. this
project coptinues to support people wth sight loss to improve their mental health and wellbeing by
ossis.ing .'hem to regain Iheir independence and confidence and reduce their isolation.
5ighl l os) Support Aid5: The Saintbury Trust, Tesco Comrwnily Grants. Wiifiom A Cadbury Trust. Boshier
Hinton Foundation and the WED Charitable Trust have al made conlributions towards o new project
providing loilnrp.d sight loss support olds lo individu015 ne￿ regigtered with gight logg. Resources
avoiloble include liquid level indicator5. bump ons. symbol canes and signoture guides.
RefLJrbishments' Grants from The Notional Lottery - Awords for AJI England Fund. Wesl Midland5 Police
Helping Communities Fund. Screwfix Foundation ond the Bemard Sunley Foundation have enabled u5
to make improvements lo our Social ActivFty Centre. IT suite. kitchen and building *cvrity.
Heallhy Eoting Initiotive.. A gront from Ihe Health Inequalities Fvnd distribuled via One Walsall. hos
enabled us to deliver an initiative to help our 5efvice users improve their understanding of food choices
and their impact on eye heolth.
Page 19

ALSALL
THE BUND UM
NOTES TO THE FINANCIAL STATEMENTS - conmnued
FOR THE YEAR ENDED 31ST MARCH 2024
17.
MOVEMENT IN FUNDS - conllnued
Further details of restricted and unrestricted funds ore included wthin the Rewt of the Trustees.
Analys15 ol net assets belween fvnds
Unreslricled Designated Restiicted
Funds
Funds
Funds
Total Assets
xed ossets
Bank and cosh in hand
other currerit asselslliobilities
473.876
204.98J)
19.6101
1.6CQ.Q
2.073.876
242.641
110.4291
37.661
18191
669.246
I,6c￿.￿)
36,842
2.306.088
18.
EMPLOYEE BENEFIT OBUGATIONS
The Society operate5 a defined contribution pension scheme for its employee5. The orrount recognised
os on expense in the period wos £5,042 12023: £4.0971.
Tre defined conlribution fiatifity is allocoled to each activify bosed on stoff hours. os per staff solories
and social security costs.
19.
RELATED PARTY DISCLOSURES
The Society empbys a relative of one of its Truslees. The employee is not finoncially dependent on the
Trustee in question. and the terrrts of employment ore negoliated by Ihe CEO wthoul ony inVo￿ement
of that TrJstee. The other Tnjstees are sotisfied this is o tronsoction Ihot bfings very significant benefits to
the Society. thus enabling it to meet its charitoble objectives. The employee's emolumenls for the year
ended 31st Artorch 2024 were £21.223 I￿23 £19.5451.
The Society received a donotion of £2.￿￿) from one of its Trustees this year12023: £2.SCIJ}.
There were no other reloted party tronsoctions for the CU￿ent or previous ye(xs requiring disclosure in
Ihe accounts.
MEMBERS UA8ILITY
In accordance with the Memorondum ond hrticles of Associalion each member5, liability is limited lo
£10 in Ihe evenl of winding up of Ihe Society.
21.
SHARE CAPITAL AND UMTfED BY GUARANTEE
The Society does not hove on outt)orised or issued shore copital as ils liabifity is limiled by the guarontee
of its members. each guoranteeing up to £10 of the Society's debt.
Poge 20

ALL
ItTH
DETAILED
TATEMENT OF FINANCIAL ACTivmES
THE YEAR ENDED 31ST MAIICH 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Don(rtlons and legacles
Dono+ions
Legacies
140.722
40.764
98,461
105.237
181.486
203.698
Olhw Irodlng aclivihes
Olher trading activitie5
9.378
11.611
Investment Income
Dividend ond interest income
91.737
83,644
Charltable acllvltles
Challtable octivities
42.632
42.632
Total Incomlng resources
325.233
341.585
EXPENDifuRE
Fundraislng, donallons and legacles
Wages
Fundraising ond pubficity
38.936
327
39.316
Other Iradlng acllvmles
Purchases
Property costs
Stoff expense5
General and office expenses
10.086
1.589
13.730
2.627
2.660
2,323
14.615
18.870
Charftable acllvllies
Wages
Social secLirity
Pension5
Talking newspoper
Sundry grants
Property costs
Slaff expense5
General and office expenses
Accountar4Cy
Fundraising ond publicity
Stockbroker fees
220.318
15.159
5,042
634
212
J.587
3,771
27.081
7.476
3,764
11,587
199,241
11.793
4.097
3.267
360
37.103
2.748
18.295
9,462
3,422
325,631
298￿97
Total resources expended
389.082
356,783
Nel exPendI￿re before galns and lomes
163.8491
115,1981
This page does nol form part of the stotutory financial statements
Poge 21

THE BUND UM
DETAILED STATEMENT OF FINANCIAL AcnvmES
THE YEAR ENDED
lSTMAR
31.3.24
31.3.23
Iteallsed recognlsed golns and losses
Realised gains on iixed 055et investments
34.118
4.142
Nel expendlture
{29,7311
111.0561
This page does not fom port ol the 5totvtory financial 5totcments
Page 22