2023-12-31-accounts - International Agency For The Prevention Of Blindness

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t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 INTERNATIONAL AGENCY FOR THE PREVENTION OF BLINDNESS TRUSTEES, REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Company number.. 04620869 Page 1 of 35

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 CONTENTS Page Tru$lee$' Report IndependentAuditorfs Report to the Members of InternationalAgency for the Prevention of Blindness 13 Consolidated Statement of Finan81 Activities 17 Consolidated and Chanty Balance Sheets 18 Consolidated Cash Flow Statement 19 Notes to the Financial Statements 20 Page 2 of 35

NAME	POSITION / NOMINATED BY	APPOINTED
Officers
Caroline Casey	President
Muhammad Babar Qureshi	Vice President
Debra Davis	Treasurer
Appointed Trustees (Founding and 'Category A' Members) non-
corporate
Martine Abel-Williamson	World Blind Union
Jess Blijkers	Light for the World
Rainer Brockhaus	CBM
Jennifer Chen	The Chen Yet-Sen Family Foundation	4 February 2024
Jennifer Gersbeck	The Fred Hollows Foundation (FHF)
Ella Gudwin	Vision Spring
	International Council of
Neeru Gupta	Ophthalmology
Caroline Harper	Sightsavers International

NAME	POSITION / NOMINATED BY	APPOINTED	RESIGNED
Scott Mundle	World Council of Optometry		2 April 2024
Cindy Tromans	World Council of Optometry	2 April 2024
Haidong Zou	Shanghai Eye Disease Centre
Elected Trustees
Kashinath Bhoosnurmath	Operation Eyesight
Wei He	He Eye Specialist Hospital
Derek Hodkey	Orbis
Nick Kourgialis	Helen Keller International		30 April 2024
Elizabeth Kurian	Mission for Vision
Fatima Kyari	International Centre for Eye Health
Katherine Overbey	Himalayan Cataract Project
Bruce Spivey	Ophthalmology Foundation	25 June 2023
Regional Chairs and Other
Trustees
	Regional Chair, Eastern
Abdulaziz Ibrahim AlRajhi	Mediterranean
Marcus Ang	Singapore Eye Research Institute		1 July 2023
Francisco Martinez Castro	Regional Chair, Latin America
Amanda Davis	Regional Chair, Western Pacific
Suzanne Gilbert	Regional Chair, North America
Wolfgang Gindorfer	Regional Chair, Europe
Rohit Khanna	Regional Chair, South East Asia
Aaron Magava	Regional Chair, Africa

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 Je8sica Thornpson Director of Policy, Strategy and Advocacy Neil Hedgecock Finance Director Iconsuttantl toAugust 2023 Judith Wilson Interim Finan Director Iconsuhantl from Septernber 2023- May 2024 Professlonal advlce and seNlces HSBC Bank, 16 King Street, London, WC2E 8JF Convera UK Limited. Alphabeta Building. 14.18 Finsbury Square. London EC2A 1AH. Crowe U.K. LLP, Black Country House. Rounds green Road. Oldbury. West Midlands. B69 2DG. Auditors. STRUCTURE, GOVERNANCE AND MANAGEMENT IAPB is constituted as an intemational membership organisation. The Memorsndum snd Articles ofAssocistion dated Decernber 2002 and amended in September 2007 and 2023 set out the objects and powers of the organisation. The charity is governed by a Board of Trustees ¥vhi¢h has lrfal, financial and oversight SPOnSibl1itY for the charity and delegates day to day management and decision-making to the Chief Executive Offir and senior team. TheAudit Committee have reviewed The Charity Govemanct Code and applied the appropriate standards of ¢0MMended practice. The trustees constitute direct015 of the chairtable cornpany for the purpose5 of the CompanEsAct 2006 and tIUStees of the chairty foi the purposes of the Charities A¢t 2011. Trustees are ¢rrted and appointed in accordan wth the Articles olAsso¢iation as either Officers. Appointed trustees, Elected trustee5 lelected by IAPB'S membership organisationsl, or Regional chsirs l individuals. When an elected trustee vacancy arises. all members are notified that an election will tske place and they are invited to stand through an online nomination proc£ss. All members are then inwted to vote for one csndid8te per 8eat via our electronic platfonr. When voting doses the person wrth the most votes is elected as a tIU51ee. All trustees receive an induction which indudes rneetings with the CEO and other rnembers of the executive team All trustees are required to complete a consent fo and a declaration of interest form. DeclaratlOn5 of interest and related parties a re-confirmed annually. The Executive Committee approve the arrangements for setting the remuneration of the charrty's key management personnel and wider staff each year. Every three years a pay benchmaTking review is carried out to ensure that retnuneiation for all staff remains appropriate to their role and location. Sub-committ885.' the Board has established two sub-wmTnittees". the Executive Committee, which meets every other month, and theAudit Committee, which meets iwice a year. Page 5 of 35

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 Subsidiary company.. the charity has a vtholly-owned subsidiary company, IAPB Trading Limited, which has not traded in 2023 or 2022. STATEMENT OF PUBLIC BENEFIT IAPB exists for global public benefrt., it lead5 a global allian of organisations seeking excellen and equity in the provision of eye health serViS with the purpose to reduce the number of people globally that experien¢e visual impaim)ents. The trustees have considered the Charity Commission's guidan on public benefrt, induding the gUidan'PUb1iC benefit." a chatily (P82J' and a confident that the Charity's intent and its performan cleady demonslrale that IAPB provides a global public benefrt. OBJECTIVES AND ACTIVITIES The vision of the organisation is to have a wodd where no one experien$ unne$sarY or preventable sight loss and everyone Can a¢hieve their A public heahh challenge as large as sight loss. whith affects over 1.1 billion ol us. requires colle¢tive action by governments. private sedor, Civil society, professionals and the wider public. Representing a unique and unparalleled global membership from over 100 countries. IAPB is a nDt-for- profit charity, solely focused on delivering the collective goal to end avoidable sight loss and driving awareness of eye health around the worfd. IAPB members range from international charities, eye hospitals and academic institutes through to profession81 bodies and Corporates. On behalf of this diverse and unique mix of 0ry8ni88tions. we provide a powerful, unrfied and trusted voice Dn an issue th8t affects every human on the p18net. We work tirelessly to ensure our sector gets the political, health and developtnent priority it needs and deserve5. We work through collective action at the intersection of public health, development and markets. We ensure that our rrembers, vol$ are heard at the highest levels and fight to unlock political wll and fInanng while a150 changing peptionS and policy. In addition to our advocacy work, our activities include.. building a global eviden base with practical tools and approaches. designing and coordinating glob81 awareness r8i5ing campaigns about the importance of eye health. and bringing together and convening eye health organisation5 and others lo develop approaches to Improve a$$. develop capacrty and use technology to ath people who do not have a¢$$ to the eye care seNices they need. 2030 In Sight Objectives- ending avoidable sight loss 2030 In Sight is the sector's strategic plan to ensure that eye health receives the global political. health and developmental priority it needs to enable aCsS to eye care forthe rnore than 1.1 billion people who do not currently have ac$5 to the setvices they need. The objectives of 2030 Irj Sight are th8t. by 2D30. we want to see a Wor where.. No-one experiences une$Sary or preventable sight loss and everyone can achieve their full potential. Page 6 of 35

tcuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 Eye care and rehabilitation serv15 are &cssible, indusive and affordable to everyone. everywhere, whenever they are needed. People understand the importano of caring for their own eye heatth and demand actsss to Servi$, free from the weight of any social stigma. Grdllt.making activiti85, volunte8f5, and social inv8Stment5 The tharity has not made any use of grant-making or volunteers to deliver its activities during 2023. The charity is aware of the power to make social Investments underthe CharitiesAct 2011 las amended) and will keep this under review. ACHIEVEMENTS AND PERFORMANCE The main achievements of the charity have induded hosting a major suc$$fUl intemational event, 2030 In Sight Live, in Singapore," advocacy work at a global level.. and strong campaigns for Love Your Eye$ and World Sight Day. Highlights for 2023 included.. Strong commitments on eye health induded in the UN'S dedaration on Universal Health Coverage. Partnership arrangement wth the International Labour Organisation and a joint rtport on"Eye Health and the World olwork An event in the margins of the UN General Assembly where 3 prime ministers and more than 15 health and other ministers c£lled for eye health to be prioritized. For the first lime four countries port on eye health in their Voluntsry National Reviews of their progress on iMpMentIng the Sustainable Development Goals. Half a billion people ached through social media through our Love Your Eyes and Wodd Sight Day campaigns to raise awareness about the importanc of eye health. Over 60 countries and more than 150 eye health organ15ations joined the call for a UN Speaal Envoy on vision. Our 2030 Insight Live event attracted over 350 delegates from 46 Countries lo listen to 92 speakers of ¥thom more than 50/0 were women. Aw8rded 'ASSoation of the Ye8r' 8nd'C8mpaign of the Yearf (for Love Your Eyes) by the Assou8tion ofAssou8tion Executives. New funding agreement with Islamic Development Bank. IAPB Eye He311h Technology Guide launched to support the scale up of eye care Servi$. Allian signed with 'Pan AMerin Academy of Ophthalmology, to end avoidable sight loss in Latin Afflerica. 30 new member organisations. Page 7 of 35

formance year ught forward ried forward	Unrestricted Restricted Total £ £ £ 2,090,025 988,961 3,078,986 (2,267,424) (1,152,062) (3,419,486) (177,399) (163,101) (340,500) 782,007 177,070 959,077 604,608 13,969 618,577

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 FINANCIAL MANAGEMENT POLICIES Investment policy- the charity does not hold Investments and wll keep the option under review. Reserves policy- The definition of reserves used follows the guidan given by the Charrty Commission. These are funds available to be used in furtheran of the charitable objects which have not yet been spent. committed or designated. They therefore exclude restricted fund5 Iwhere donors impose criteria for their usel, fixed a55ets (which ale in current Use to 5UPPOrt the ongoing wotk of the charity) and any funds designated for specific purposes. TheAudit Committee vIewS the reserves policy annually to detemine the level of unrestricted ServeS which shoukl be held by the charity. The UnstrICted free reserves of £593,679 held at 31 Dember 2023 repsent 3.1 months. budgeted unrestricted operating expenditure. Where unrtstricted free ServeS are above the policy level. the Trustees have the flexibility to apply these lo Invest in furthering the charity's objects where appropriate over time. The level and fomi of resewes held Is report at ead) Board meeting Compliance with the Reserves Policy is monitored periodically by the Audit Committee. STATEMENT OF GOING CONCERN The Trustees and the senior management team have reviewed thè latest financial position and have considered high level financial projections through to December 2025. Future performan will be supported by the financial principles th8t unrestricted reserves wll be m8intained in line with the resee8 policy and restricted funding will be secured before a restricted project b1n8 Dr is extended. Based on finan81 perforrnsnce to date for 2024, the foward projections and continued adheren to financial princip8, the Trustees consider that the charrty rtmains a going concern". the accounts have been pPared on this basis. KEY RISKS AND UNCERTAINTIES The Trustees are responsible for the management of the risks fatsd by the charity. The Aud([ Committee provides scrutiny of the risk gIster iwee a year and pOrtS to the Board which also reiveS the risk rtgister. The senior management team keep the risk register under VIeW on an ongoing basis. Key controls which support Trustees in managing risk indude". Formal agenda for Board meetings Detsiled ternis of reference for the B08rd and sub-cornmittees Cornprehensive 51rategi¢ and business planning, budgeting and management accounting prO$Se$ Established organisational slwcture and lines of reporting. and Formal spprov81 and delegation of the annual budget, including authorisation and approvsl level5. The principal risk5 and mitigating actions are as follows.. Page g of 35

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 Geopolitical event5, including wars, economic pressures, currency markets and health epidemics may undenrin8 IAPB'S r81evance and ability to operate effectively. Mitigating actions indude. ensuring our policy and 8dvocacy work remains relevant, ensuring effective communications with member organisations, scrutiny of finanaal management based on s prudent approach and hOing of cash balanS in dollars. Failure to realise the llectIVe advocacy power of the PB network. Mitigating actions include. ongoing high profile engagement at the UN and work wth governments and UN entities to tnobilise national action and cornmilments for vision. Develop and deliver global advocacy strategy for the inclusion of the WHO global targets in UHC and the SDGS.. and support IAPB members lo advocate for greater porting and action on the targets. Resou$ may become insuffic#ent lo deliver IAPB'S strategy and activity plan Mitigating rneasures indude.. regular review of business and financial plans by the senior management team to inform workforce planning and the allocation of resour$ a¢ross teams, a fows on staff engagement through new HR resources. staff surveys and an increased focus on Stsff development,. increased investment in fundraising.. and p18nning required resources at the outset of new pmjects. PLANS FOR FUTURE PERIODS The charity plans an exciting and ambitlous programme for 2024 8nd beyond, including". Advocacy. seeking change through high-level meetings to bring together govemments, donors and the private sector with our members wrth the aim of turning commitment$ into tangible change for those most in need. Carnpaign." building on our annual Love Your Eyes campaign, culminating in ourworfd Sight Day. 2030 Insight Live Mexico." our global event wll lake pla In June 2024 for three days of transformative working. Vision Atlas.. we wll release our improved data tool th8t shows the picture of eye health challenges around the world which will empower the sectorto target resou[S effectively. Exemplar wuntries.. wllaboration been our members and governments in eight key countries to mobilise progress. Sy5tern leadership." we plan to launch a leadership development initiative across all regions. Growth.. we are investing further in our fundraising team wth the aim of assing new funding opportunrties lo fuel tt)e delivery of our ambitious plans. Page 10 of 35

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Twstees Iwho are also directors of IAPB for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pra¢ticel. Company law requires the Tru5tee5 to prepare financial statements for each financial yearwhich give a true and fairview of the state of affairs of the charrtable wmpany and of the incoming sOUrceS and application of resour$, including the income and expenditure. ol the d)aritable group for that period. In preparing these financial statements. the Trustees are qUired to.. Seled suitable accounting poliaes and then apply them consistently Observe the methods and principles in the Charitie$ SORP Makejudgments and accounting estimates that are reasonable and prudent State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and eyplained In the financial statements.. and Prepare the finanal statements on the going COnr ba51s unless it is inappropriate to pie5urne that the Charitab company will continue i business. The Trustees ale responsible for keeping propel accounting record5 that di5ck)5e wth iea50nable au[aCY at any tirne the financial pOtIon of the ¢haritable company and enab them to ensu that the financial statements comply with the CompaniesAct 2006. They are also sponSible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other STATEMENT AS TO THE DISCLOSURE OF INFORMATION TO THE AUDITORS Each of the mernbers of the Board who were in Offi on the date of approval of these financial staternents has confirmed, as far as they are each aware. That there is no relevant audit infomation of which the auditors 8re unaware., 8nd Each of the members of the Board has confimied that they have each taken all steps that they ought to have taken as members of Board In order lo make themselves aware of any relevant audit information and to estsblish that it has been communicated to the auditor. Page11 of35

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 December 2023 APPROVAL The Twstees, Report. which incorporates the Directors, Report, was approved by the Board on the 241h of June 2024 and signed on its behalf by.. Muhammad Babar Qureshl ice President Page 12 of 35

Opinion

We have audited the financial statements of International Agency for the

ed and Charity

Balance Sheets, the Consolidated Statement of Cash Flow and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

expenditure, for the year then ended;

have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in

independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the lieve that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or r a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information contained within the annual report. The other information comprises the information included ements does not cover the

other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion based on the work undertaken in the course of our audit

ort prepared for the purposes of company law, for the financial year

for which the financial statements are prepared is consistent with the financial statements; and

e with applicable legal requirements.

Matters on which we are required to report by exception

In light of the knowledge and understanding of the group and charitable company and their environment obtained in the course of the audit, we have not identified

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate and proper accounting records have not been kept; or

the financial statements are not in agreement with the accounting records and returns; or

certain disclosures of trustees' remuneration specified by law are not made; or

we have not received all the information and explanations we require for our audit; or

the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the

Responsibilities of trustees

le company for the

purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

e as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to

liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether surance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting www.frc.org.uk/auditorsresponsibilities

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.

We obtained an understanding of the legal and regulatory frameworks within which the charitable company and group operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006 together with the Charities SORP (FRS102) 2019. We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with also considered the opportunities and incentives that may exist within the charitable company and the group for fraud. The laws and regulations we considered in this context for the UK operations were the Companies Act 2006, the Charities Act 2011, together with the Charities SORP (FRS 102).

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the recognition of grant, coalition and sponsorship income and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management and the Audit Committee about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, designing audit procedures over grant, coalition and sponsorship income, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the

financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

Use of our report

anies Act 2006. required to state to them in ty to anyone other than audit work, for this report, or for the opinions we have formed.

Kerry Brown Senior Statutory Auditor For and on behalf of

Crowe U.K. LLP, Statutory Auditor, Black Country House, Rounds Green Road, Oldbury, West Midlands, B69 2DG Date: 09 September 2024

Note COME FROM: haritable activities Membership Grants 2 Other income 3 vestment income otal income XPENDITURE ON: aising funds Income development haritable activities Global advocacy Campaigns and communications Events Knowledge Strengthening the network Coalition for clear vision otal expenditure 4 ET (EXPENDITURE)/INCOME nd net movement in funds for e year unds brought forward OTAL FUNDS CARRIED ORWARD 12	2023 2023 2023 2022 2022 2022 Unrestricted £ Restricted £ Total £ Unrestricted £ Restricted £ Total £ 1,570,978 - 1,570,978 1,415,239 - 1,415,239 170,015 818,592 988,607 294,878 311,265 606,143 345,616 170,369 515,985 585,718 370,118 955,836 3,416 - 3,416 3,979 - 3,979
	2,090,025 988,961 3,078,986 2,299,814 681,383 2,981,197
	393,258 - 393,258 197,460 - 197,460 350,038 271,272 621,310 203,673 350,084 553,757 667,833 110,000 777,833 626,524 - 626,524 257,872 - 257,872 253,867 - 253,867 154,403 156,876 311,279 268,865 - 268,865 444,020 214,623 658,643 779,958 - 779,958 - 399,291 399,291 - 271,946 271,946
	2,267,424 1,152,062 3,419,486 2,330,347 622,030 2,952,377
	(177,399) (163,101) (340,500) (30,533) 59,353 28,820 782,007 177,070 959,077 812,540 117,717 930,257
	604,608 13,969 618,577 782,007 177,070 959,077

Note IXED ASSETS angible assets 8 nvestment in subsidiary 13 otal fixed assets URRENT ASSETS ebtors 9 ash at bank and in hand otal current assets URRENT LIABILITIES reditors: amounts falling due within one year 10 et current assets et assets unds estricted funds nrestricted funds otal funds 12	Consolidated Charity Consolidated Charity 2023 2023 2022 2022 £ £ £ £ 10,929 10,929 14,440 14,440 - 1 - 1
	10,929 10,930 14,440 14,441
	257,549 290,996 521,689 672,260 1,127,654 1,094,208 1,041,049 891,592
	1,385,203 1,385,204 1,562,738 1,563,852 777,555 777,557 618,101 619,216
	607,648 607,647 944,637 944,636

	618,577 618,577 959,077 959,077 13,969 13,969 177,070 177,070 604,608 604,608 782,007 782,007
	618,577 618,577 959,077 959,077

et income/ (expenditure) for the reporting period djustments for: Depreciation charges Loss on disposal of fixed assets Decrease/ (increase) in debtors (Decrease)/ increase in creditors Net cash generated from/ used in) operating activities ash flows from investing activities Fixed asset additions nalysis of cash and cash equivalents ash at bank and in hand otal cash and cash equivalents	2023 2022 £ £ (340,500) 28,820 11,342 10,569 - 1,603 264,140 (432,787) 159,454 (153,838) 94,436 (545,633) (7,831) (10,163) 86,605 (555,796) At 1 January 2023 Cash flow At 31 December 2023 £ £ £ 1,041,049 86,605 1,127,654
	1,041,049 86,605 1,127,654

et income/ (expenditure) for the reporting period
djustments for:
Depreciation charges
Loss on disposal of fixed assets
Decrease/ (increase) in debtors
(Decrease)/ increase in creditors
Net cash generated from/ used in) operating activities
ash flows from investing activities
Fixed asset additions
nalysis of cash and cash equivalents
ash at bank and in hand
otal cash and cash equivalents

2023
2022
£
£
(340,500)
28,820
11,342
10,569
-
1,603
264,140
(432,787)
159,454
(153,838)
94,436
(545,633)
(7,831)
(10,163)
86,605
(555,796)
At 1 January
2023
Cash flow
At 31 December
2023
£
£
£
1,041,049
86,605
1,127,654

1,041,049
86,605
1,127,654

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 1. Basi5 of preparation. the finsncisl statements have been prep8ied under the historical cost convention and in accordan with Financial Reporting Standards applicable in the UK IFRS 1021 and the Companies Act 2006. They follow the recommendations in the Charities SORP120191,' ststement of ReNmmended Practi applicable to ¢haritie$ ppar1rng their accounts in accordan wth FRS 102 effective 1 January 2019. 2. The organisation Is a charitable company limited by guarantee, incorporated In England wa$. Its giSted Offi and printspal plats of business is. IAPB. The Northern Shell Building 4th Floor, 10 Lower Thames Street. London. EC3R 6AF. The ¢h8ritable comp8ny is exempt from corporation tsx as all its income is charitsble and is applied for charitsble purpose5. IAPB meets the definition of a public benefit entity as defined under FRS 102. 3. Going concern basis." as outlined in the Fin8ncisI Review the trustees have reasonable expectation that the ch8rity has the resources to continue its activities for the foreseeable future. Accordingly they continue to adopt the going nrrn basis In preparing the financial statements. 4. Group accounts have been prepared for the Intemational Agency for the Prevention of Blindness IIAPBI and rts wholly owned subsidiary company, IAPB Trading Limited. The chaiity has taken advantage of the exemptions In FRS 102 frorn the requiretnentS to pie5ent a charity only Cash Flow Statement and rtain di$¢lo$Jre$ about the charity's finan¢ial instruments The charity has also taken advantage of the exemption allowed under section 408 of the CompsniesAct 2006 and has not presented its own Statement of Financial Activities in these financial staternents. The accounts have been consolidated on a line by line basis to include the resutts of IAPB Trading Limited. The results of IAPB Trading Limited are shown separately in note 13. 5. Voluntary income Is re1Ve by way of donations and gifts and Is induded In fvll in the statement of finantsal activities when [etsiVab. Volunteer time is not included in the finan¢ial Statements. 6. Income recognition- Grants are recognised in full In the stalernent of financial activities in the year In which they are e1vable. unless they relate to a speufic future pen. in ¥vhich ¢a$e they are deferred. Membershlp fees are nised in the financial statements in line with the period in which Member5 are entitled to benefit5. Membership fees received in advall( are deferred. 7. Glfts In klnd represent servi$ provided to the charity at no Chae or goods donated for distribution or use by the charity. Goods or servi$ given for use by the charity are recognised when rel1Vable. Gifts in kind are valued st WSt if known or els8 the price th8 charity would othenNiS8 have paid for the assets or ServiS. 8. Support and governance costs are allocated across tharitable activities on the b85is of head count. 9. Resources expended are recognlsed In the period in they are incurred. Resour$ expended in pounds steding indude attrit>utable VAT which rAnnot be recovered. Page 20 of 35

tcuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 10. Grants payable are charged lo the SOFA in accordance with the terms and conditions attached to the individual grant agreernents. Such grants are recognised as expendilurt when the ¢onditions £tta¢hed are fulfilled- generally as money is requested by the grant recipient. Grants offered Subject to condition$ whi¢h have not been met 8t the yearnd are noted as a commitment. but not as ac¢rued as expenditure. 12. Pen5ion$.' IAPB provides an 'auto*nrolment' pension scheme for UK staff. The pension cost charge shown under staff expenLl1tu reprtsenls contributions paid and payab in the year. The assets of these s¢hemes are independent from IAPB and IAPB has no additional liability other than for the payment of those contributions. Pension contributions are also rnade for international staff. 13. Temilnatlon beneflts proscribed by the employment Contract are accwed ¥vhen these are earned Iby virtue of length of Servi). Termination P8ymentS 8re valued at the higher of the amount required bylaw or the amount proscxibed by the employment wntr8Ct and renIsed when due less the value of temination benefits previously accrued. 14. Depreclatlon 15 provided 8t rates r2lculated to write down the cost of each asset to rts estimated residual value over its expected useful life. The depreatIOn rates in use are as follow5. . Computer equipment Itangiblel 33D/o per annum Items of equipment are capitalised where the purchase priTr exTreds £1,000. Depreciatlon Costs are allocated lo activrties on the basis of the use of the related asset$ in those a¢tivitie$. Expenditure on the development of web resources Ilntangible a$setsl are expensed in the year. Prior to 2020 the cost5 associated with IntangibleA5set5 once fully operational, were amortised overtheir useful life. 15.Ca$h at bank and In hand in¢ludes money held in current acwunt$ and any fund$ in n& noti deposits and money market deposrts. 16. Debtors are valued at the amounts owing ltsr prepaidl less a provision for doubttul debt. Amounts in foreign Curne$ a valued at the rates of exthange ruling at the balan sheet date. 17. Financial in5trum8nts are initially recognised at the amount receivable or payable induding any related transaction cost5. They are he at amortised Cost,. that is the amount Initially recognised less any principal repaid plus any interest a¢crued. Financial assets held a cash and bank and in hand. together with trade and other debtors. Financial liabilities are trade and other creditors. 18.¢reditors are valued at the amounts owing lor Income reIved in advance). Amounts In fol9n Cur noes a valued at the rates of exchange ruling at the balance sheet date. 19.Restrlcted funds are to be used for specific purposes as laid down by the donor. EXpendrtU which meets these crrteria is charged to the fund, this may indude a fair allocation of management and support costs where allowed by the donor. Page 21 of 35

t*cuSign ID DD39CF4lts1ee74ol9Al52626 Intemational Agency for the Prevention of Blindness.. cons01ated Report and Finan81 Ststement5 for the Year Ended 31 De(Ember 2023 20. Unrestricted funds are donations and other incoming reSOurS 1Vable or generated for the objects of the charity. Income 15 relgNised when there Is eviden¢e ol entitlement, the arnounl can be measured and the CeIpt Is probable. whe terms and conditions have not been met. or, unctrtainly exists as to whether IAPB can meet the terms and ¢ondition$ othenMi$e within its control, the income is not rewgnised but deferred a$ a liability until it is probable that the terms and conditions imposed be met. 21. Forelgn exchange gains and losse8 are recorded in the Statement of Finan¢ial Activities as a nel cost of the relevant a¢tivity. Transa¢tsons in foreign currencies are translated into pounds sterling at a daily rate based on mid-market opening rate at midnight. 22. The are no Sources of estlmatlon uncertalnty that have a significant effect on the amounts nised in the financial statements. Page 22 of 35

CBM Christoffel-Blindenmission
Chen Yet Sen Family Foundation
CooperVision
Essilor
F Hoffmann-La Roche
Fred Hollows Foundation
Himalayan Cataract Project
slamic Solidarity Fund for Development
Lions Club International Foundation
National Vision
NVS Kenya Limited
Onesight
Restoring Vision
SEVA
Sightsavers
Singapore Tourist Board
The Vision Council
Vision Spring
World Diabetes Foundation
World Health Organisation (WHO)
Yonsei University
Other grants and donations (£5,000 or less)

2023
2023
2023
2022
2022
2022
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
£
£
£
£
£
£
-
67,451
67,451
-
112,700
112,700
150,000
150,000
300,000
274,000
-
274,000
24,235
24,235
-
-
-
-
11,253
11,253
-
-
-
-
42,500
42,500
-
75,000
75,000
-
52,123
52,123
-
45,022
45,022
-
11,629
11,629
-
-
-
-
71,419
71,419
-
-
-
-
30,439
30,439
-
-
-
-
26,366
26,366
-
-
-
-
87,276
87,276
-
-
-
-
-
-
-
9,685
9,685
-
11,629
11,629
-
-
-
-
79,130
79,130
-
39,803
39,803
-
61,500
61,500
-
9,685
9,685
-
10,000
10,000
-
-
-
-
39,385
39,385
-
9,685
9,685
-
11,629
11,629
-
9,685
9,685
-
20,468
20,468
8,387
-
8,387
20,015
-
20,015
-
-
-
-
5,883
5,883
-
-
-
-
4,277
4,277
12,491
-
12,491
170,015
818,592
988,607
294,878
311,265
606,143

ommercial Income and Sponsorship oalition for Clear Vision project ther Income	2023 2023 2023 2022 2022 2022 Unrestricted Restricted Total Unrestricted Restricted Total £ £ £ £ £ £ 330,456 - 330,456 554,736 - 554,736 - 170,369 170,369 - 370,118 370,118 15,160 - 15,160 30,982 - 30,982 345,616 170,369 515,985 585,718 370,118 955,836

taff costs
ravel and meetings
vents and conferences
onsultancy and other activity costs
nline resources and promotions
ther costs
xchange losses/ (gains)
upport and governance costs
otal
022

Global
Advocacy
Campaigns and
Communications
Events
Knowledge
Strengthening
the Network
Coalition
for Clear
Vision
Support and
Governance
Total 2023
Total 2022
£
£
£
£
£
£
£
£
£
328,961
296,280
-
84,733
494,410
-
164,105
1,368,489
1,323,643
8,935
32,384
63,800
12,132
111,253
24,665
51,888
305,057
418,258
14,406
8,822
72,166
2,810
41,718
2,460
18,833
161,215
119,364
138,059
170,451
74,045
134,669
54,028
343,498
168,758
1,083,508
799,704
-
62,917
21,787
-
-
-
-
84,704
27,867
3,274
3,481
1,148
755
120,990
18,509
188,839
336,996
384,064
72
(667)
(595)
(382)
25,337
10,159
45,593
79,517
(120,523)
493,707
573,668
232,351
234,717
847,736
399,291
638,016
3,419,486
2,952,377
127,603
204,165
25,521
76,562
204,165
-
(638,016)
-
621,310
777,833
257,872
311,279
1,051,901
399,291
-
3,419,486
553,757
626,524
253,867
268,865
977,418
271,946
-
2,952,377

022 taff costs ravel and meetings vents and conferences onsultancy and other activity costs nline resources and promotions ther costs xchange (gains) upport and governance costs otal	Global Advocacy Campaigns and Communications Events Knowledge Strengthening the Network Coalition for Clear Vision Support and Governance Total 2022 £ £ £ £ £ £ £ £ 348,594 313,963 - 89,790 523,917 - 47,379 1,323,643 14,755 53,480 105,361 20,035 183,725 17,237 23,665 418,258 12,112 7,417 60,676 2,363 35,076 1,719 - 119,364 135,530 167,329 72,689 132,202 53,038 240,054 (1,138) 799,704 - 17,633 6,106 - - - 4,128 27,867 3,204 3,405 1,123 739 118,363 12,936 244,294 384,064 - - - - - - (120,523) (120,523)
	514,196 563,227 245,955 245,128 914,120 271,946 197,805 2,952,377 39,561 63,298 7,912 23,737 63,298 - (197,805) -
	553,757 626,524 253,867 268,865 977,418 271,946 - 2,952,377

022
taff costs
ravel and meetings
vents and conferences
onsultancy and other activity costs
nline resources and promotions
ther costs
xchange (gains)
upport and governance costs
otal

Global
Advocacy
Campaigns and
Communications
Events
Knowledge
Strengthening
the Network
Coalition
for Clear
Vision
Support and
Governance
Total 2022
£
£
£
£
£
£
£
£
348,594
313,963
-
89,790
523,917
-
47,379
1,323,643
14,755
53,480
105,361
20,035
183,725
17,237
23,665
418,258
12,112
7,417
60,676
2,363
35,076
1,719
-
119,364
135,530
167,329
72,689
132,202
53,038
240,054
(1,138)
799,704
-
17,633
6,106
-
-
-
4,128
27,867
3,204
3,405
1,123
739
118,363
12,936
244,294
384,064
-
-
-
-
-
-
(120,523)
(120,523)

514,196
563,227
245,955
245,128
914,120
271,946
197,805
2,952,377
39,561
63,298
7,912
23,737
63,298
-
(197,805)
-

553,757
626,524
253,867
268,865
977,418
271,946
-
2,952,377

5. NET (EXPENDITURE) / INCOME

Net (expenditure)/income is stated after charging the following:	2023		2022
	£		£
Depreciation	11,342		10,569
Auditors' remuneration :
Charity audit	18,885		12,045
Other services	2,950	-

ff costs aries and wages ial security costs sion er staff costs mination benefits	2023 £ 1,166,249 59,245 101,335 41,659 - 1,368,488	2022 £ 1,102,183 72,633 100,481 36,346 12,000 1,323,643

of employees whose emoluments for the year within the following bands were:

Owing to the diverse nature of the organisation and its international presence, IAPB uses the services of contractors and consultants to supplement its core staff. In this regard, there were a variety of legal engagements, depending on various factors such as location, role, need for flexibility etc. The figures shown above as salaries and wages reflect those staff employed directly by the IAPB in London and South Africa on IAPB contracts. Other personnel, to all intents and purposes part of the IAPB core team although not on a direct IAPB staff employment contract, are included as secondees, contractors, consultants. The average headcount figure includes the effective number of people involved in overall IAPB global operations.

perations.
Average Head Count Global Advocacy Strengthening the Network Campaigns and Communications Events Support and Governance costs Total	2023 2022 5 8 8 3 11 7 1 4 2 1
	27 23

Cost At 1 January 2023 Additions during the year Disposal during the year At 31 December 2023 Depreciation At 1 January 2023 Charge for the year Disposal during the year At 31 December 2023 Net book value At 31 December 2023 At 31 December 2022	Tangible Intangible Total £ £ £ 36,713 140,709 177,422 7,831 - 7,831 (2,827) - (2,827)
	41,717 140,709 182,426
	22,273 140,709 162,982 11,342 - 11,342 (2,827) - (2,827)
	30,788 140,709 171,497

	10,929 - 10,929
	14,440 - 14,440

EBTORS e debtors unts owing by subsidiary ayments er debtors CREDITORS e creditors ruals erred income er creditors ation and Social Security	Group Charity Group Charit 2023 2023 2022 202 £ £ £ 161,275 161,275 436,649 436,64 - 33,447 - 150,57 22,853 22,853 36,970 36,97 73,421 73,421 48,070 48,07
	257,549 290,996 521,689 672,26
	Group Charity Group Charit 2023 2023 2022 2,02 £ £ £ 84,963 84,963 124,986 124,98 109,028 109,028 42,526 42,52 538,472 538,472 416,257 416,25 36,652 36,654 - 8,440 8,440 34,332 35,44
	777,555 777,557 618,101 619,21

Deferred income movements in the year

		Release
	At 31	from	Addition	At 31
	December	previous	in current	December
	2022	year	year	2023
	£	£	£	£
Membership	127,398	127,398	318,108	318,108
Grants	248,607	248,607	167,000	167,000
Events	40,252	40,252	53,364	53,364
Total deferred income	416,257	416,257	538,472	538,472

11. ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS

023 angible fixed assets et current assets roup net assets at the end of the year 022 angible fixed assets et current assets roup net assets at the end of the year	Restricted funds General funds Total funds £ £ £ - 10,929 10,929 13,969 593,679 607,648
	13,969 604,608 618,577
	- 14,440 14,440 177,070 767,567 944,637
	177,070 782,007 959,077

12. MOVEMENT IN FUNDS At the start of the year Incoming resources Outgoing resources Transfers between funds At the end of the year £ £ £ £ £ RESTRICTED FUNDS Global Advocacy a. Friends of Vision Secretariat - various funders - 81,165 81,165 - - b. Retinopathy advocacy - Coopervision - 24,235 24,235 - - - National Vision - 26,366 26,366 - - - The Vision Council - 26,853 26,853 - - c. Advocacy to Action - CBM Christoffel-Blindenmission - 5,418 5,418 - - - F Hoffmann-La Roche - 7,500 7,500 - - - Lions Club International Foundation - 4,500 4,500 - - d. Capacity Development Programme - Islamic Solidarity Fund for Development, IsDB - 12,893 12,893 - - - e. Global Advocacy and Policy Framework: Fred Hollows Foundation - 30,465 30,465 - - f. World Report on Vision roll-out: CBM Christoffen-Blindenmission - 31,409 31,409 - - g. Diabetic Retinopathy: World Diabetes Foundation - 20,468 20,468 - - Campaigns and Communications h. - Chen Yet Sen Family Foundation - 100,000 100,000 - - i. - Singapore Tourism Board - 10,000 10,000 - - Knowledge j. Global Refractive Error Market Report - Chen Yet Sen Family Foundation - 50,000 50,000 - - - Sightsavers - 50,000 50,000 - - k. Elevating Investment in Eye Health Report: F. Hoffmann-La Roche - 35,000 35,000 - - l. Vision Atlas: CBM Christoffel-Blindenmission - 11,778 11,778 - - m. School Eye Health Guidelines: Fred Hollows Foundation - 10,098 10,098 - - Strengthening the Network n. Sightfirst Research: Lions Club International Foundation - 25,939 10,893 - 15,046 o. Capacity Development Programme - Islamic Solidarity Fund for Development, IsDB - 58,526 22,752 - 35,774 p. Systems Change Project for Latin America: SEVA - 79,130 64,130 - 15,000 q. Advancing IPEC 2023 Regional Dissemination: Fred Hollows Foundation - 11,560 11,560 - - r. Africa Partnership Funding: - NVS Kenya Limited - 87,276 87,276 - - - Swiss Red Cross (Schweizerisches Rotes Kreuz) - 4,277 4,277 - - s. Insight Live Exemplar Development: CBM Christoffel-Blindenmission - 7,852 7,852 - - t. Western Pacific Sponsorship: Yonsei University - 5,883 5,883 - - - u.The Coalition for Clear Vision 177,070 170,370 399,291 - (51,851) TOTAL RESTRICTED FUNDS 177,070 988,961 1,152,062 - 13,969 UNRESTRICTED FUNDS General funds 782,007 2,090,025 2,267,424 - 604,608	12. MOVEMENT IN FUNDS At the start of the year Incoming resources Outgoing resources Transfers between funds At the end of the year £ £ £ £ £ RESTRICTED FUNDS Global Advocacy a. Friends of Vision Secretariat - various funders - 81,165 81,165 - - b. Retinopathy advocacy - Coopervision - 24,235 24,235 - - - National Vision - 26,366 26,366 - - - The Vision Council - 26,853 26,853 - - c. Advocacy to Action - CBM Christoffel-Blindenmission - 5,418 5,418 - - - F Hoffmann-La Roche - 7,500 7,500 - - - Lions Club International Foundation - 4,500 4,500 - - d. Capacity Development Programme - Islamic Solidarity Fund for Development, IsDB - 12,893 12,893 - - - e. Global Advocacy and Policy Framework: Fred Hollows Foundation - 30,465 30,465 - - f. World Report on Vision roll-out: CBM Christoffen-Blindenmission - 31,409 31,409 - - g. Diabetic Retinopathy: World Diabetes Foundation - 20,468 20,468 - - Campaigns and Communications h. - Chen Yet Sen Family Foundation - 100,000 100,000 - - i. - Singapore Tourism Board - 10,000 10,000 - - Knowledge j. Global Refractive Error Market Report - Chen Yet Sen Family Foundation - 50,000 50,000 - - - Sightsavers - 50,000 50,000 - - k. Elevating Investment in Eye Health Report: F. Hoffmann-La Roche - 35,000 35,000 - - l. Vision Atlas: CBM Christoffel-Blindenmission - 11,778 11,778 - - m. School Eye Health Guidelines: Fred Hollows Foundation - 10,098 10,098 - - Strengthening the Network n. Sightfirst Research: Lions Club International Foundation - 25,939 10,893 - 15,046 o. Capacity Development Programme - Islamic Solidarity Fund for Development, IsDB - 58,526 22,752 - 35,774 p. Systems Change Project for Latin America: SEVA - 79,130 64,130 - 15,000 q. Advancing IPEC 2023 Regional Dissemination: Fred Hollows Foundation - 11,560 11,560 - - r. Africa Partnership Funding: - NVS Kenya Limited - 87,276 87,276 - - - Swiss Red Cross (Schweizerisches Rotes Kreuz) - 4,277 4,277 - - s. Insight Live Exemplar Development: CBM Christoffel-Blindenmission - 7,852 7,852 - - t. Western Pacific Sponsorship: Yonsei University - 5,883 5,883 - - - u.The Coalition for Clear Vision 177,070 170,370 399,291 - (51,851) TOTAL RESTRICTED FUNDS 177,070 988,961 1,152,062 - 13,969 UNRESTRICTED FUNDS General funds 782,007 2,090,025 2,267,424 - 604,608
	177,070 988,961 1,152,062 - 13,969

	782,007 2,090,025 2,267,424 - 604,608

TOTAL FUNDS	959,077 3,078,986 3,419,486 - 618,577

RESTRICTED FUNDS e, Global and Regional Advocacy CBM The Fred Hollows Foundation a, Friends of Vision Secretariat various funders r, Vision for Africa Swiss Red Cross (Schweitzerisches Rotes Kreuz) v, European Vision Health Advocacy F. Hoffmann-La Roche u. The Coalition for Clear Vision w. Communicating and Connecting Knowledge SEVA Foundation TOTAL RESTRICTED FUNDS UNRESTRICTED FUNDS General funds TOTAL FUNDS	At the start of the year Incoming resources Outgoing resources Transfers between funds At the end of the year £ £ £ £ £ - 102,999 102,999 - - - 35,440 35,440 - - - 58,023 58,023 - - 38,819 - 38,819 - - - 75,000 75,000 - - 78,898 370,118 271,946 - 177,070 - 39,803 39,803 - -
	117,717 681,383 622,030 - 177,070 812,540 2,299,814 2,330,347 - 782,007
	930,257 2,981,197 2,952,377 - 959,077

RESTRICTED FUNDS
e, Global and Regional Advocacy
CBM
The Fred Hollows Foundation
a, Friends of Vision Secretariat
various funders
r, Vision for Africa
Swiss Red Cross (Schweitzerisches Rotes
Kreuz)
v, European Vision Health Advocacy
F. Hoffmann-La Roche
u. The Coalition for Clear Vision
w. Communicating and Connecting Knowledge
SEVA Foundation
TOTAL RESTRICTED FUNDS
UNRESTRICTED FUNDS
General funds
TOTAL FUNDS

At the
start of
the year
Incoming
resources
Outgoing
resources
Transfers
between
funds
At the
end of
the year
£
£
£
£
£
-
102,999
102,999
-
-
-
35,440
35,440
-
-
-
58,023
58,023
-
-
38,819
-
38,819
-
-
-
75,000
75,000
-
-
78,898
370,118
271,946
-
177,070
-
39,803
39,803
-
-

117,717
681,383
622,030
-
177,070
812,540
2,299,814
2,330,347
-
782,007

930,257
2,981,197
2,952,377
-
959,077

t*cuSign ID DD39CF4ltsla5e74ol9Al52626 International Agency for the Prevention of Blindness". Consolidated Report and Finantsal Stalements forthe Year Ended 31 Dernber 2023 12. MOVEMENT IN FUNDS Icontinuerl).. The purposes of the funds listed above were as follows.. a. Friends of Vision Secretariat.. IAPB provides secretariat support to the group of ambassadors al the UN who are member wuntries of the UN FrEnds of Vision. This work is partly sUPPOrted by grant fvnding. b. Refractive ErrorAdvo¢acy- supporting our advocacy work Induding the promotion of global targets for relradive error. AdvocAcy to Action -SUPPOrting the development of tools and resources for member organisations to use when advocating at a national level. d. Capacity development programme- this grant supports global advocacy work 1th the United Nations and at the World Health Organisation. e. Global Advocacy and Policy Frameworf< - funding to support our global and regional advocacy work. f. Worfd Report on Vision roll-out.. funding to support the dissefflination and promotion of reSOurS for Integrated People-centred Eye Care IIPECI. g. Diabeti¢ Retinopathy- these funds contribute toward$ advo¢a¢y for Diabetic Retinopathy screening targets and treabrent h. These fund5 (xntribute to resourcing for our Love Your Eyes MpaIgn. singapo Tourism 8oard- funding to support the 2030 In Sight Live event in Singapore in summer 2023. j. Glob81 refrdctive error market report- this wss a signific8nt study into the Supply side market for gl88se8. k. Elevatsng investment in eye health report- thi5 report was included within the Vision Ada5 and promoted to IAPB rnembers. l. Vision Atlas- funding to support the development phase of the new Vision Atlas. m. School Eye Health Guideline5- development of resour(3 for use by member5. n. Sight first-funding to support researth to assess vision Impairment and effective fraCtiVe error coverage among school d)Iren In fimor L'este o. Capacity development programme- funding to build advocacy capacity in Francophil8African countries. p. Systems change project for Latin America- delivery ol systems change training and systems leadership capacity building. q. Advancing IPEC- implementation of Integrated People-centred Eye Care for the Westem Pacifi'c region. r. Africa Partnership funding- capacity-building in sub-saharan Africa induding research into the training of ophthalrnologists In Africa. s. In Sight Live exemplar development- a grant to support the delivery of a session about exemplar countrie$ al the 2030 ISL event in Singapo. t. Western Pacific sponsorship- these funds conthbute to developing and sUPPOrting 8dvoc8cy plans for the Western Paufic region. u. The Coalrtion for Clear Vision- delivery of a coalition model to deliver glasses In Kenya and India. v. European Vision Health Advoca¢y- developing a European advoca¢y and policy netrNork and plan. w. Cornmunicating and Connecting KnOedge- funds for the tnaintenance and support of the Vision Ada5. Page 33 of 35

Income and Expenditure Turnover Cost of sales Other expenses / (income) Deficit/(surplus) Donation to parent charity Deficit / (surplus) after donation Reserves brought forward Reserves carried forward	2023 202 £
	-
	- 8,768 (13,32
	8,768 (13,32 - 13,32
	8,768 -
	8,768

Trustees Muhammad Babar Qureshi (Director, Inclusive Eye Health Initiative) Rainer Brockhaus (CEO) Bruce Spivey (Trustee of CBM Advisory Board) Jennifer Chen Jennifer Gersbeck (Global Advocacy Executive Director) Amanda Davis (Director of Strategic Initiatives) Nick Kourgialis (Vice President) Katherine Overbey (CEO) Jess Blijkers (International Director, Programmes & Advocacy) Wolfgang Gindorfer (Expert on Uncorrected Refractive Errors & Child Eye Health) Dr Rohit Kanna, Network Director Elizabeth Kurian, Trustee Katherine Overbey (CEO) Kashinath Bhoosnurmath (President and CEO) Derek Hodkey (CEO) Dr Suzanne Gilbert (Senior Director of Research and Strategic Opportunities) Dr Caroline Harper (CEO) Ella Gudwin	Related organisations CBM - Christoffel Blinden Mission, Christian Blind Mission e.V. Chen Yet-Sen Family Foundation The Fred Hollows Foundation (FHF) Helen Keller International Himalayan Cataract Project Light for the World LVPEI Hyderabad Eye Institute Onesight Operation Eyesight Universal Orbis International Seva Foundation Sightsavers Vision Spring	2023 2023 2022 2022 Amount Received Amount Paid Amount Received Amount Paid £ £ £ £ 89,905 27,927 140,993 - 300,000 - - - 62,123 180,472 125,930 - - - 4,328 - 11,629 - - - 75,565 - 4,190 - - 90,189 - 106,000 - - 60,400 - - 109,566 9,753 - 8,372 - 4,328 - 104,565 - 193,959 - 100,300 - 77,254 - 58,872 - - -