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2024-12-31-accounts

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

INTERNATIONAL AGENCY FOR THE PREVENTION OF BLINDNESS

TRUSTEES’ REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 DECEMBER 2024

Company number: 04620869

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

CONTENTS

ONTENTS
Page
Trustees’ Report 3
Independent Auditor’s Report to the Members of International Agency for the Prevention of Blindness 13
Consolidated Statement of Financial Activities 17
Consolidated and Charity Balance Sheets 18
Consolidated Cash Flow Statement 19
Notes to the Financial Statements 20

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

TRUSTEES’ REPORT

ADMINISTRATIVE DETAILS

International Agency for the Prevention of Blindness (IAPB) is a company limited by guarantee, registered in England and Wales (company number 04620869) and a charity, registered in England and Wales (charity number 1100559). The registered office is at Northern & Shell Building (4[th ] Floor), 10 Lower Thames Street, London EC3R 6EN.

Global Ambassadors

HRH The Duchess of Edinburgh GCVO

HRH Prince Abdulaziz Ahmad Abdulaziz Al Saud

James Chen

H.E. Ambassador Walton Webson

Trustees

The trustees who served during the reporting period and up to the date of approval of these accounts were as follows:

NAME POSITION / NOMINATED BY APPOINTED RESIGNED
Officers
CarolineCasey President
Muhammad Babar Qureshi Board Chair and Vice President
DebraDavis Treasurer
Appointed Trustees (Founding and 'Category A' Members) non-corporate
Martine Abel-Williamson World Blind Union
Jess Blijkers Light for the World 26 June 2024
Rainer Brockhaus CBM
Jennifer Gersbeck The Fred Hollows Foundation (FHF)
Ella Gudwin Vision Spring
Neeru Gupta International Council of
Ophthalmology
Caroline Harper Sightsavers International
Scott Mundle World Council of Optometry 2 April 2024
Haidong Zou Shanghai Eye Disease Centre

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

NAME POSITION / NOMINATED BY APPOINTED RESIGNED
ElectedTrustees
Kashinath Bhoosnurmath Operation Eyesight
Wei He He Eye Specialist Hospital
Derek Hodkey Orbis
Elizabeth Kurian Mission for Vision
Fatima Kyari International Centre for Eye Health
Katherine Overbey Himalayan Cataract Project
Regional Chairs and Other Trustees
Abdulaziz Ibrahim AlRajhi Regional Chair, Eastern Mediterranean
Francisco Martinez Castro Regional Chair, Latin America
Valeria Sanchez Regional Chair, Latin America 26 June 2024
AmandaDavis Regional Chair, Western Pacific
Wolfgang Gindorfer Regional Chair, Europe
Rohit Khanna Regional Chair, South East Asia
Aaron Magava Regional Chair, Africa

Senior management

Senior management personnel to whom the trustees delegate day to day management of the charity who served during the reporting period and up to the date of approval of these accounts were as follows:

Peter Holland Chief Executive Officer
Simon Darvill Director of Communications, Campaigns and
Events
Anna McKeon Director of Capability Building
Nick Parker Director of Development and Operations
Jude Stern Director of Knowledge Management
Jessica Thompson Director of Policy, Strategy and Advocacy (went on
maternity leave July 2024)
Drew Keys Director of Policy, Strategy and Advocacy (maternity
cover from July 2024)
Judith Wilson Interim Finance Director (consultant) until May 2024
Tara Bashir Head of Finance from May 2024 until March 2025
Paul Randall Interim Head of Finance (consultant) from March2025

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

Professional advice and services

HSBC Bank, 16 King Street, London, WC2E 8JF

Convera UK Limited, Alphabeta Building, 14-18 Finsbury Square, London EC2A 1AH.

Crowe U.K. LLP, St James House, St James’ Square, Cheltenham, GL50 3PR, Auditors.

STRUCTURE, GOVERNANCE AND MANAGEMENT

IAPB is constituted as an international membership organisation. The Memorandum and Articles of Association dated December 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 which has legal, financial and oversight responsibility for the charity and delegates day to day management and decision-making to the Chief Executive Officer and senior team.

The Audit Committee have reviewed The Charity Governance Code and applied the appropriate standards of recommended practice.

The trustees constitute directors of the charitable company for the purposes of the Companies Act 2006 and trustees of the charity for the purposes of the Charities Act 2011. Trustees are recruited and appointed in accordance with the Articles of Association as either Officers, Appointed trustees, Elected trustees (elected by IAPB’s membership organisations), or Regional chairs / individuals.

nomination process. All members are then invited to vote for one candidate per seat via our electronic platform. When voting closes the person with the most votes is elected as a trustee.

All trustees receive an induction which includes meetings with the CEO and other members of the executive team. All trustees are required to complete a consent form and a declaration of interest form. Declarations of interest and related parties are re-confirmed annually.

The Executive Committee approve the arrangements for setting the remuneration of the charity’s key management personnel and wider staff each year. Every three years a pay benchmarking review is carried out to ensure that remuneration for all staff remains appropriate to their role and location.

Sub-committees: the Board has established two sub-committees: the Executive Committee, which meets every other month, and the Audit Committee which meets twice a year.

Subsidiary company: the charity has a wholly-owned subsidiary company, IAPB Trading Limited, which has not traded in 2024 or 2023.

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

STATEMENT OF PUBLIC BENEFIT

the purpose to reduce the number of people globally that experience visual impairments.

and are confident that the charity’s intent and its performance clearly demonstrate that IAPB provides a global public benefit.

OBJECTIVES AND ACTIVITIES

The vision of the organisation is to have a world where no one experiences unnecessary or preventable sight loss and everyone can achieve their full potential.

A public health challenge as large as sight loss, which affects over 1.1 billion of us, requires collective action by governments, private sector, civil society, professionals and the wider public. Representing a unique and unparalleled global membership from over 100 countries, IAPB is a not-for-profit charity, solely focused on delivering the collective goal to end avoidable sight loss and driving awareness of eye health around the world. IAPB members range from international charities, eye hospitals and academic institutes through to professional bodies and corporates. On behalf of this diverse and unique mix of organisations, we provide a powerful, unified and trusted voice on an issue that affects every human on the planet. We work tirelessly to ensure our sector gets the political, health and development priority it needs and deserves. We work through collective action at the intersection of public health, development and markets. We ensure that our members’ voices are heard at the highest levels and fight to unlock political will and financing while also changing perceptions and policy.

In addition to our advocacy work, our activities include: building a global evidence base with practical tools and approaches, designing and coordinating global awareness raising campaigns about the importance of eye health, and bringing together and convening eye health organisations and others to develop approaches to improve access, develop capacity and use technology to reach people who do not have access to the eye care services 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 access to eye care for the more than 1.1billion people who do not currently have access to the services they need.

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

The objectives of 2030 In Sight are that, by 2030, we want to see a world where:

Grant-making activities, volunteers, and social investments

The charity has not made any use of grant-making to deliver its activities during 2024.

The charity is aware of the power to make social investments under the Charities Act 2011 (as amended) and will keep this under review.

ACHIEVEMENTS AND PERFORMANCE

The main achievements of the charity have included hosting a major successful international event, 2030 In Sight Live, in Mexico; advocacy work at a global and regional level; and important published research. Highlights for 2024 included:

FUNDRAISING

IAPB does not carry out any direct fundraising with the general public and has not engaged any third party fundraisers. IAPB’s income comprises

membership fees, grant income and income from events. IAPB is registered with the fundraising preference service and is committed to meeting the Code of Fundraising Practice. No fundraising complaints were received during the year (2023: none).

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

FINANCIAL REVIEW

IAPB generates its income from membership fees, sponsorship and grants which are applied to support the key objectives of the charity. Financial

performance for the year was as follows:

Financial Performance
Income
Expenditure
Result for the year
Reserves brought forward
Transfer between funds
Reserves carried forward		 2024
2024
2024
Unrestricted
Restricted
Total
£
£
£
3,391,800
586,749
3,978,549
(3,071,141)
(314,922)
(3,386,063)
320,659
271,827
592,486
604,608
13,969
618,577
(5,137)
5,137
-
920,130
290,933
1,211,063

Restricted At 31 December 2024 the total with restricted reserves carried forward was £290,933; All projects have a surplus balance; including the Coalition for Clear Vision project (2023: deficit balance of £51,851), for which new funds were provided. The Sightfirst Research project had a deficit of £5,137 due to slightly higher than expected costs, which has been covered by a transfer from unrestricted reserves.

As at 31 December 2024 the unrestricted reserves were £920,130. The in-year surplus of £320,659 was driven by income that exceeded expectations.

The consolidated balance sheet as at 31 December 2024 reported net assets of £1,211,063, with cash balances of £1,428,865, and closing reserves were as shown in the table above.

Unrestricted reserves unrestricted free reserves stood at £909,644 after taking this into account. The unrestricted free reserves of £909,644 represent 2.7 months’ of 2025 budgeted unrestricted operating expenditure. This is slightly below the IAPB’s policy of 3 months’ of free unrestricted operating expenditure. In early 2025 the Charity reviewed its plans and reforecast to ensure that unrestricted reserves in 2025 are in line with its reserves policy.

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

FINANCIAL MANAGEMENT POLICIES

Investment policy: the charity does not hold investments and will keep the option under review.

charitable objects which have not yet been spent, committed or designated. They therefore exclude restricted funds (where donors impose criteria for their use), fixed assets (which are in current use to support the ongoing work of the charity) and any funds designated for specific purposes.

The Audit Committee reviews the reserves policy annually to determine the level of unrestricted reserves which should be held by the charity.

The Charity has a policy of maintaining 3 months of unrestricted operating expenditure in unrestricted free reserves.

appropriate over time. The level and form of reserves held is reported at each Board meeting. Compliance with the Reserves Policy is monitored periodically by the Audit Committee.

STATEMENT OF GOING CONCERN

September 2026. Future performance will be supported by the financial principles that unrestricted reserves will be maintained in line with the reserves policy and restricted funding will be secured before a restricted project begins or is extended.

remains a going concern; the accounts have been prepared on this basis.

KEY RISKS AND UNCERTAINTIES

The Trustees are responsible for the management of the risks faced by the charity. The Audit Committee provides scrutiny of the risk register twice a year and reports to the Board which also receives the risk register. The senior management team keep the risk register under review on an ongoing basis. Key controls which support Trustees in managing risk include:

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

The principal risks and mitigating actions are as follows:

allocation of resources across teams; a focus on staff engagement through new HR resources, staff surveys and an increased focus on staff development; ongoing fundraising.

PLANS FOR FUTURE PERIODS

The charity plans an exciting and ambitious programme for 2025 and beyond, including:

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing these financial statements, the Trustees are required to:

safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO THE DISCLOSURE OF INFORMATION TO THE AUDITORS

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

APPROVAL

The Trustees’ Report, which incorporates the Directors’ Report, was approved by the Board on 15[th] September 2025 and signed on its behalf by:

Muhammad Babar Qureshi

Board Chair

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF INTERNATIONAL AGENCY FOR THE PREVENTION OF BLINDNESS

Opinion

We have audited the financial statements of International Agency for the Prevention of Blindness (‘the charitable company’) and its subsidiary (‘the group’) for the year ended 31 December 2024 which comprise the Consolidated Statement of Financial Activities, the Consolidated and Charity Balance Sheets, the Consolidated Cash Flow Statement 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:

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 the Auditor’s responsibilities for the audit of the financial statements section of our report. We are 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 FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe 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 collectively, may cast significant doubt on the charitable company's or the group’s ability to continue as a going concern for 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.

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

Other information

The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements 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

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 material misstatements in the directors’ report included within the trustees’ report.

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:

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable 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.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue 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.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, 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 Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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.

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company’s and the group’s ability to operate or to avoid a material penalty. We 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 nondetection 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

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Tara Westcott

Senior Statutory Auditor

For and on behalf of

Crowe U.K. LLP, Statutory Auditor, St James House, St James’ Square, Cheltenham, GL50 3PR

Date: 29 September 2025

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (incorporating the income and expenditure account)

Note
INCOME FROM:
Charitable activities

Membership
Grants
2
Coalition for Clear Vision project
3
Other income
3
Investment income
Total income
EXPENDITURE ON:
Raising funds
Income development
Charitable activities
Global advocacy
Campaigns and communications
Events
Knowledge
Strengthening the network
Coalition for clear vision
Total expenditure
4
NET INCOME/(EXPENDITURE) and net
movement in funds for the year
Funds brought forward
Transfer between funds
TOTAL FUNDS CARRIED FORWARD
12		 2024
2024
2024
2023
2023
2023
Unrestricted £
Restricted £
Total £
Unrestricted £
Restricted £
Total £
1,758,024
-
1,758,024
1,570,978
-
1,570,978
731,924
333,103
1,065,027
170,015
818,592
988,607
-
210,695
210,695
170,369
170,369
893,832
42,951
936,783
345,616
-
345,616
8,020
-
8,020
3,416
-
3,416
3,391,800
586,749
3,978,549
2,090,025
988,961
3,078,986
354,840
-
354,840
393,258
-
393,258
-
614,060
11,648
625,708
350,038
271,272
621,310
831,305
-
831,305
667,833
110,000
777,833
358,907
-
358,907
257,872
-
257,872
341,814
43,693
385,507
154,403
156,876
311,279
570,215
134,630
704,845
444,020
214,623
658,643
-
124,951
124,951
-
399,291
399,291
3,071,141
314,922
3,386,063
2,267,424
1,152,062
3,419,486






320,659
271,827
592,486
(177,399)
(163,101)
(340,500)
604,608
13,969
618,577
782,007
177,070
959,077
(5,137)
5,137
-
-
-
-
920,130
290,933
1,211,063
604,608
13,969
618,577

The notes on pages 20 to 40 form part of these financial statements. All of the above results are derived from continuing operations except as described in note 13 for the subsidiary company. The result of the parent charity for the year ended 31 December 2024 was a surplus of £594,743 (2023: deficit £331,732) comprising an Unrestricted surplus of £317,779 (2023: deficit of £168,631) and a Restricted surplus of £276,964 (2023: deficit £163,101).

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

CONSOLIDATED AND CHARITY BALANCE SHEET AS AT 31 DECEMBER 2024

Note
FIXED
ASSETS
Tangible assets
8
Investment in subsidiary
13
Total fixed assets
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
Total current assets
CURRENT LIABILITIES
Creditors: amounts falling due within one year
10
Net current assets
Net assets
Funds
Restricted funds
Unrestricted funds
Total funds
12		 Consolidated
Charity
Consolidated
Charity
2024
2024
2023
2023
£
£
£
£
10,486
10,486
10,929
10,929
-
1
-
1
10,486
10,487
10,929
10,930
684,506
715,077
257,549
290,996
1,428,865
1,395,298
1,127,654
1,094,208
2,113,371
2,110,375
1,385,203
1,385,204
(912,794)
(907,542)
(777,555)
(777,557)
1,200,577
1,202,833
607,648
607,647
1,211,063
1,213,320
618,577
618,577
290,933
290,933
13,969
13,969
920,130
922,387
604,608
604,608
1,211,063
1,213,320
618,577
618,577

International Agency for the Prevention of Blindness, company number, 04620869.

Approved by the trustees on 15[th] September and signed on their behalf by:

Debra Davis, Treasurer

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

CONSOLIDATED CASH FLOW STATEMENT

CONSOLIDATED CASH FLOW STATEMENT
Net income/ (expenditure) for the reporting period
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
(Increase)/ decrease in debtors
Increase/ (decrease) in creditors
Net cash generated from/ used in) operating activities
Cash flows from investing activities
Fixed asset additions
Analysis of cash and cash equivalents
Cash at bank and in hand
Total cash and cash equivalents		 At 1 January
2024
£
1,127,654		 2024
2023
£
£
592,486
(340,500)
9,409
11,342
-
-
(426,957)
264,140
135,239
159,454
310,177
94,436
(8,966)
(7,831)
301,211
86,605
Cash flow
At 31 December
2024
£
£
301,211
1,428,865
1,127,654 301,211
1,428,865

The notes on pages 20 to 40 form part of these financial statements.

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

1. BASIS OF PREPARATION AND ACCOUNTING POLICIES

  1. Basis of preparation Standards applicable in the UK (FRS 102) and the Companies Act 2006. They follow the recommendations in the Charities SORP (2019); Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 effective 1 January 2019.

  2. The organisation is a charitable company limited by guarantee, incorporated in England and Wales. Its registered office and principal place of business is: IAPB, The Northern Shell Building 4th Floor, 10 Lower Thames Street, London, EC3R 6AF. The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. IAPB meets the definition of a public benefit entity as defined under FRS 102.

  3. Going concern basis : as outlined in the Financial Review the trustees have reasonable expectation that the charity has the resources to continue its activities for the foreseeable future. Accordingly they continue to adopt the going concern basis in preparing the financial statements.

  4. Group accounts have been prepared for the International Agency for the Prevention of Blindness (IAPB) and its wholly owned subsidiary company, IAPB Trading Limited. The charity has taken advantage of the exemptions in FRS 102 from the requirements to present a charity only Cash Flow Statement and certain disclosures about the charity’s financial instruments. The charity has also taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial statements. The accounts have been consolidated on a line by line basis to include the results of IAPB Trading Limited. The results of IAPB Trading Limited are shown separately in note 13.

  5. Voluntary income

  6. Income recognition: Grants specific future period, in which case they are deferred. Membership fees are recognised in the financial statements in line with the period in which Members are entitled to benefits. Membership fees received in advance are deferred.

  7. Gifts in kind represent services provided to the charity at no charge or goods donated for distribution or use by the charity. Goods or services given for use by the charity are recognised when receivable. Gifts in kind are valued at cost if known or else the price the charity would otherwise have paid for the assets or services.

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International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

  1. Support and governance costs are allocated across charitable activities on the basis of head count.

  2. Resources expended are recognised in the period in which they are incurred. Resources expended in pounds sterling include attributable VAT which cannot be recovered.

  3. Grants payable are charged to the SOFA in accordance with the terms and conditions attached to the individual grant agreements. Such grants are recognised as expenditure when the conditions attached are fulfilled – generally as money is requested by the grant recipient. Grants offered subject to conditions which have not been met at the year-end are noted as a commitment, but not as accrued as expenditure.

  4. Pensions: IAPB provides an ‘auto-enrolment’ pension scheme for UK staff. The pension cost charge shown under staff expenditure represents contributions paid and payable in the year. The assets of these schemes are independent from IAPB and IAPB has no additional liability other than for the payment of those contributions. Pension contributions are also made for international staff.

  5. proscribed by the employment contract are accrued when these are earned (by virtue of length of service). Termination payments are valued at the higher of the amount required by law or the amount proscribed by the employment contract and recognised when due less the value of termination benefits previously accrued.

  6. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

  7. Computer equipment (tangible) 33% per annum

Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Expenditure on the development of web resources (Intangible assets) are expensed in the year. Prior to 2020 the costs associated with Intangible Assets once fully operational, were amortised over their useful life.

  1. Cash at bank and in hand includes money held in current accounts and any funds in no- notice deposits and money market deposits.

  2. Debtors are valued at the amounts owing (or prepaid) less a provision for doubtful debt. Amounts in foreign currencies are valued at the rates of exchange ruling at the balance sheet date.

  3. Financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. They are held at amortised cost; that is the amount initially recognised less any principal repaid plus any interest accrued. Financial assets held are cash and bank and in hand, together with trade and other debtors. Financial liabilities are trade and other creditors.

21

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

  1. Creditors are valued at the amounts owing (or income received in advance). Amounts in foreign currencies are valued at the rates of exchange ruling at the balance sheet date.

  2. Restricted funds may include a fair allocation of management and support costs where allowed by the donor.

  3. Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity. Income is recognised when there is evidence of entitlement, the amount can be measured and the receipt is probable. Where terms and conditions have not been met, or, uncertainty exists as to whether IAPB can meet the terms and conditions otherwise within its control, the income is not recognised but deferred as a liability until it is probable that the terms and conditions imposed can be met.

  4. Foreign exchange gains and losses are recorded in the Statement of Financial Activities as a net cost of the relevant activity. Transactions in foreign currencies are translated into pounds sterling at a daily rate based on mid-market opening rate at midnight.

  5. There are no sources of estimation uncertainty

22

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

2. INCOME FROM GRANTS

Abbvie
Baush Foundation
CBM Christoffel-Blindenmission
Chen Yet Sen Family Foundation
CooperVision
Cure Blindness Project
Essilor
F Hoffmann-La Roche
Fred Hollows Foundation
Himalayan Cataract Project
Horizon Therapeutics
Hoya Vision Care
Islamic Solidarity Fund for Development
Johnson & Johnson Services
Lions Club International Foundation
National Vision
NVS Kenya Limited
Onesight
Ophthalmology Foundation
Restoring Vision
Safilo
SEVA
Sightsavers
Singapore Tourist Board
The Vision Council
Vision Catalyst Fund
Vision Spring
World Diabetes Foundation
World Health Organisation (WHO)
Yonsei University
Other grants and donations (£5,000 or less)		 2024
2024
2024
Unrestricted
Restricted
Total
£
£
£
103,250
-
103,250
5,000
-
5,000
31,860
-
31,860
-
-
-
23,612
-
23,612
15,000
-
15,000
-
-
-
50,000
-
50,000
46,850
-
46,850
-
-
-
28,693
-
28,693
40,000
-
40,000
-
116,062
116,062
-
190,243
190,243
-
-
-
52,814
-
52,814
-
-
-
30,000
-
30,000
10,803
-
10,803
11,808
-
11,808
35,000
-
35,000
112,000
-
112,000
65,000
-
65,000
1,618
-
1,618
38,616
-
38,616
15,000
-
15,000
15,000
-
15,000
-
26,798
26,798
-
-
-
-
-
-
-
-
-
731,924
333,103
1,065,027		 2023
2023
2023
Unrestricted
Restricted
Total
£
£
£
-
-
-
-
-
-
-
67,451
67,451
150,000
150,000
300,000
-
24,235
24,235
-
-
-
-
11,253
11,253
-
42,500
42,500
-
52,123
52,123
-
11,629
11,629
-
-
-
-
-
-
-
71,419
71,419
-
-
-
-
30,439
30,439
-
26,366
26,366
-
87,276
87,276
-
-
-
-
11,629
11,629
-
-
-
-
79,130
79,130
-
61,500
61,500
-
10,000
10,000
-
39,385
39,385
-
-
-
-
11,629
11,629
-
20,468
20,468
20,015
-
20,015
-
5,883
5,883
-
4,277
4,277
170,015
818,592
988,607

23

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

3. OTHER INCOME

3. OTHER INCOME
Commercial Income and Sponsorship
Coalition for Clear Vision project
Other Income		 2024
2024
2024
Unrestricted
Restricted
Total
£
£
£
706,331
42,951
749,282
-
210,695
210,695
187,501
-
187,501
893,832
253,646
1,147,478		 2023
2023
2023
Unrestricted
Restricted
Total
£
£
£
330,456
-
330,456
-
170,369
170,369
15,160
-
15,160
345,616
170,369
515,985

24

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

4. ANALYSIS OF CHARITABLE EXPENDITURE BY COST TYPE

Staff costs
Travel and meetings
Events and conferences
Consultancy and other activity
costs
Online resources and
promotions
Other costs
Exchange losses/ (gains)
Support and governance costs
Total
2023		 Global
Advocacy
Campaigns and
Communications
Events Knowledge
Strengthening
the Network
Coalition
for Clear
Vision
Support
and
Governance
Total 2024
£
£
£
£
£
£
£
£
339,679
314,360
4,752
214,748
503,755
-
373,214
1,750,508
29,161
12,960
50,125
7,033
71,311
-
34,822
205,412
672
3,326
129,210
299
19,756
772
11,935
165,970
4,682
167,858
122,724
45,913
30,569
139,410
128,617
639,773
2,050
61,846
17,054
1,815
536
12
49,140
132,453
45,430
20,136
5,489
18,053
204,492
2,194
194,533
490,327
3,121
(7,498)
851
(17,162)
(86,455)
(17,437)
126,200
1,620
424,795
572,988
330,205
270,699
743,964
124,951
918,461
3,386,063
200,913
258,317
28,702
114,808
315,721
-
(918,461)
-
625,708
831,305
358,907
385,507
1,059,685
124,951
-
3,386,063
621,310
777,833
257,872
311,279
1,051,901
399,291
-
3,419,486		 Total 2023
£
1,368,489
305,057
161,215
1,083,508
84,704
336,996
79,517
3,419,486

25

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

4. ANALYSIS OF CHARITABLE EXPENDITURE BY COST TYPE (continued)

2023
Staff costs
Travel and meetings
Events and conferences
Consultancy and other activity costs
Online resources and promotions
Other costs
Exchange (gains)
Support and governance costs
Total		 Global
Advocacy
Campaigns and
Communications
Events
Knowledge
Strengthening
the Network
Coalition
for Clear
Vision
Support and
Governance
Total 2023
£
£
£
£
£
£
£
£
328,961
296,280
-
84,733
494,410
-
164,105
1,368,489
8,935
32,384
63,800
12,132
111,253
24,665
51,888
305,057
14,406
8,822
72,166
2,810
41,718
2,460
18,833
161,215
138,059
170,451
74,045
134,669
54,028
343,498
168,758
1,083,508
-
62,917
21,787
-
-
-
-
84,704
3,274
3,481
1,148
755
120,990
18,509
188,839
336,996
72
(667)
(595)
(382)
25,337
10,159
45,593
79,517
493,707
573,668
232,351
234,717
847,736
399,291
638,016
3,419,486
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

5. NET (EXPENDITURE) / INCOME

Net (expenditure)/income is stated after charging the following: 2024 2023
£ £
Depreciation 9,409 11,342
Auditors' remuneration :
Charity audit 20,929 18,885
Other services 10,165 2,950

26

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

6. TRUSTEES' REMUNERATION AND EXPENSES

No Trustee received any remuneration during the year (2023: £nil).

Expenses of £2,282 were paid on behalf of or reimbursed to 5 Trustees during the year (2023: £11,923 for 5 Trustees) for travel, accommodation and office costs.

27

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

7. STAFF COSTS AND NUMBERS

Staff costs
Salaries and wages
Social security costs
Pension
Other staff costs
Termination benefits		 2024
£
1,496,704
126,156
118,753
6,849
2,046
1,750,508		 2023
£
1,166,249
59,245
101,335
41,659
-
1,368,488

Termination benefits

Redundancy costs included in the above

amount were £nil (2023:£nil).

Key Management Personnel

The aggregate of emoluments, including social security and pension contributions, for key management personnel was £836,493 paid to 10 of the people listed in the Trustees' Report on page 4. (2023: £560,883 paid to 6 people).

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

£60,001 - £70,000
£70,001 - £80,000
£80,001 - £90,000
£120,001 - £130,000
£130,001 - £140,000		 2024
-
1
4
-
1
6		 2023
1
-
3
1
-
5

28

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

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.

Average Head Count
Global Advocacy
Campaigns and Communications
Events
Knowledge
Strengthening the Network
Support and Governance costs
Total		 2024
2023
6
5
8
11
-
1
3
-
10
8
5
2
32
27

Pensions

IAPB operates a defined contribution pension scheme for all UK-based staff. The Charity’s contribution is 10 per cent of salary.

IAPB also make pension contributions for international staff of 10% or in accordance with individual employment requirements.

29

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

8. FIXED ASSETS

Group and Charity
Cost
At 1 January 2024
Additions during the year
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the period
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023		 Tangible
Intangible
Total
£
£
£
41,717
140,709
182,426
8,966
-
8,966
50,683
140,709
191,392
30,788
140,709
171,497
9,409
-
9,409
40,197
140,709
180,906
10,486
-
10,486
10,929
-
10,929

All fixed assets held are classified as IT resources.

All Intangibles are internally developed web resources.

30

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

9. DEBTORS
Trade debtors
Amounts owing by subsidiary
Prepayments
Other debtors		 Group
Charity
Group
Charity
2024
2024
2023
2023
£
£
£
£
598,372
598372
161,275
161,275
-
35,246
-
33,447
52,426
52,426
22,853
22,853
33,708
29,033
73,421
73,421
684,506
715,077
257,549
290,996

31

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

10. CREDITORS
Trade creditors
Accruals
Deferred income
Other creditors
Taxation and Social Security		 Group
Charity
Group
Charity
2024
2024
2023
2023
£
£
£
£
133,828
133,204
84,963
84,963
124,369
124,369
109,028
109,028
567,202
567,202
538,472
538,472
34,202
29,574
36,652
36,654
53,193
53,193
8,440
8,440
912,794
907,542
777,555
777,557

Deferred income movements in the year

Membership
Grants
Events
Total deferred income		 At 31
December
2023
Release
from
previous
year
Addition in
current
year
At 31
December
2024
£
£
£
£
318,108
318,108
356,498
356,498
167,000
167,000
125,881
125,881
53,364
53,364
84,823
84,823
538,472
538,472
567,202
567,202

Deferred income is income received in one year for use in the following year or years. Memberships twelve months. The majority of memberships are renewed in January each year. For those that are renewed later in the year, a proportion relating to the months of the following financial year is deferred.

Deferred grant income at 31 December 2024 related to projects and campaigns for 2025.

32

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

11. ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS

FUNDS
2024
Tangible fixed assets
Net current assets
Group net assets at the end of the year
2023
Tangible fixed assets
Net current assets
Group net assets at the end of the year		 Restricted
funds
General
funds
Total funds
£
£
£
-
10,486
10,486
290,933
909,644
1,200,577
290,933
920,130
1,211,063
-
10,929
10,929
13,969
593,679
607,648
13,969
604,608
618,577

33

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

At the Transfers At the
start of Incoming Outgoing between end of
12. MOVEMENT IN FUNDS the year resources resources funds the year
£ £ £ £ £
RESTRICTED FUNDS-2024
Global Advocacy
a. Friends of Vision Secretariat - various funders - - - - -
b. Retinopathy advocacy
- Coopervision - - - - -
- National Vision - - - - -
- The Vision Council - - - - -
c. Advocacy to Action
- CBM Christoffel-Blindenmission - - - - -
- F Hoffmann-La Roche - - - - -
- Lions Club International Foundation - - - - -
d. Capacity Development Programme
- Islamic Solidarity Fund for Development, IsDB - - - - -
-
e. Global Advocacy and Policy Framework: Fred Hollows Foundation - - - - -
f. World Report on Vision roll-out: CBM Christoffen-Blindenmission - - - - -
g. Diabetic Retinopathy: World Diabetes Foundation - 26,798 11,648 - 15,150
Campaigns and Communications
h.
- Chen Yet Sen Family Foundation		 - - - - -
i.
- Singapore Tourism Board		 - - - - -
Knowledge
j. Global Refractive Error Market Report
- Chen Yet Sen Family Foundation - - - - -
- Sightsavers - - - - -
k. Elevating Investment in Eye Health Report: F. Hoffmann-La Roche - - - - -
l. Vision Atlas: Johnson & Johnson Services - 190,243 43,693 - 146,550
m. School Eye Health Guidelines: Fred Hollows Foundation - - - - -

34

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

Strengthening the Network
n. Sightfirst Research: Lions Club International Foundation
o. Capacity Development Programme
- Islamic Solidarity Fund for Development, IsDB
p. Systems Change Project for Latin America: SEVA
q. Advancing IPEC 2023 Regional Dissemination: Fred Hollows Foundation
r. Africa Partnership Funding:
- NVS Kenya Limited
- Swiss Red Cross (Schweizerisches Rotes Kreuz)
s. Insight Live Exemplar Development: CBM Christoffel-Blindenmission
t. Western Pacific Sponsorship: Yonsei University
u.The Coalition for Clear Vision
TOTAL RESTRICTED FUNDS
UNRESTRICTED FUNDS
General funds		 15,046
-
20,183
5,137
-
35,774
116,062
96,108
-
55,728
15,000
-
15,000
-
-
-
-
-
-
-
-
42,951
3,339
-
39,612
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(51,851)
210,695
124,951
-
33,893
13,969
586,749
314,922
5,137
290,933
604,608
3,391,800
3,071,141
(5,137)
920,130
TOTAL FUNDS 618,577
3,978,549
3,386,063
-
1,211,063

35

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

36

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

2023 TABLE - COMPARATIVES

2023 TABLE - COMPARATIVES
Transfers
At the start Incoming Outgoing between At the end
of the year resources resources funds 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 - -

37

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

Strengthening the Network

Strengthening the Network
n. Sightfirst Research: Lions Club International Foundation
o. Capacity Development Programme
- Islamic Solidarity Fund for Development, IsDB
p. Systems Change Project for Latin America: SEVA
q. Advancing IPEC 2023 Regional Dissemination: Fred Hollows Foundation
r. Africa Partnership Funding:
- NVS Kenya Limited
- Swiss Red Cross (Schweizerisches Rotes Kreuz)
s. Insight Live Exemplar Development: CBM Christoffel-Blindenmission
t. Western Pacific Sponsorship: Yonsei University
u. The Coalition for Clear Vision
TOTAL RESTRICTED FUNDS
General funds
TOTAL FUNDS		 -
25,939
10,893
-
15,046
-
58,526
22,752
-
35,774
-
79,130
64,130
-
15,000
-
11,560
11,560
-
-
-
87,276
87,276
-
-
-
4,277
4,277
-
-
-
7,852
7,852
-
-
-
5,883
5,883
-
-
-
177,070
170,370
399,291
-
(51,851)
177,070
988,961
1,152,062
-
13,969
782,007
2,090,025
2,267,424
-
604,608
959,077
3,078,986
3,419,486
-
618,577

38

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

13. SUBSIDIARY UNDERTAKINGS

IAPB owns the whole of the issued share capital (£1) of IAPB Trading Limited, company number 7842726, Registered office The Northern Shell Building, 4th Floor, 10 Lower Thames Street, London EC3R 6AF. The trading subsidiary was registered in November 2011. The company has not traded in 2024 or 2023. The aggregate amount of the subsidiary company's assets, liabilities and funds at the end of the reporting period was £6,512.

Income and expenditure
Turnover
Cost of sales
Other (income)/ expenses
Surplus/ (deficit)
Donation to parent charity
Surplus/ (deficit) after donation
Reserves brought forward
Reserves carried forward		 2024
2023
£
£
-
-
-
-
(6,512)
8,768
6,512
(8,768)
-
-
6,512
(8,768)
-
-
6,512
(8,768)

14. RELATED PARTIES

No related party transactions took place between the Charity and its subsidiary company.

IAPB Member organisations are the main donors to the charity and some are paid funds in furtherance of IAPB's charitable objects. Decisions on such transactions are made in accordance with the charity's conflicts of interest policy such that Trustees, staff or committee members with a conflict of interest are not involved in the relevant decision making process.

The Trustees who have an interest in any organisation giving funds to or receiving funds from IAPB (other than membership fees) and the aggregate amounts for each related organisation are as follows:

39

International Agency for the Prevention of Blindness: Consolidated Report and Financial Statements for the Year Ended 31 December 2024

Trustees
Related organisations
Muhammad Babar Qureshi (Director, Inclusive Eye Health Initiative)
Rainer Brockhaus (CEO)
CBM - Christoffel Blinden Mission, Christian Blind
Mission e.V.
CBM Global Disability
Jennifer Chen
Chen Yet-Sen Family Foundation
Jennifer Gersbeck (Global Advocacy Executive Director)
Amanda Davis (Director of Strategic Initiatives)
The Fred Hollows Foundation (FHF)
Nick Kourgialis (Vice President)
Helen Keller International
Katherine Overbey (CEO)
Himalayan Cataract Project
Jess Blijkers (International Director, Programmes & Advocacy)
Wolfgang Gindorfer (Expert on Uncorrected Refractive Errors & Child Eye
Light for the World
Dr Rohit Kanna, Network Director
Elizabeth Kurian, Trustee
LVPEI Hyderabad Eye Institute
Kashinath Bhoosnurmath (President and CEO)
Operation Eyesight Universal
Derek Hodkey (CEO)
Orbis International
Dr Suzanne Gilbert (Senior Director of Research and Strategic Opportunities)
Seva Foundation
Dr Caroline Harper (CEO)
Sightsavers
Ella Gudwin
Vision Spring
Cindy Tromans
World Council of Optometry
Neeru Gupta
International Council of Ophthalmology
Jackie Grove
National Vision Inc
Dr Abulaziz Alrajhi
King Kheled Eye Specialist Hospital and Research Centre
Muhammad Babar Quureshi
Al-Basar International Foundation
Eliabeth Kurian
Mission for Vision
Martine Able Williamson
World Blind Union
Bruce Spivey
Ophthalmology Foundation
Stuart Roger Cockerell
Coopervision
Fatima Kyari
International Centre for Eye Health
Haidong Zou
Shanghai Eye Disease Prevention and Treatment Center
Katie Buckley
Johnson and Johnson Vision
Michelle Sylvanowicz
Bayer
Sarah Khor
Amgen
Tania Ghiani
Abbvie		 2024
2024
Amount Received
Amount Paid
£
£
129,912
36,452
1,915
-
271,000
-
243,821
209,707
1,927
-
36,369
-
75,169
-
2,127
79,024
-
-
24,473
-
1,927
-
86,812
-
34,886
-
19,812
-
21,663
-
91,080
-
1,919
-
20,445
-
31,008
-
75,539
-
12,938
-
142,670
-
2,614
-
70,285
-
328,632
-
85,228
-
140,899
-
209,299
-
2,164,369
325,183		 2023
2023
Amount Received
Amount Paid
£
£
89,905
27,927
450
-
300,000
-

62,123
180,472
-
-
11,629
-
75,565
-
-
-
-
8,372
-
104,565
-

100,300
-

58,872
-
-
-

-
-
-
-

-
-

-
-

-
-
-
-
-
-

-
-
-
-

-
-

-
-
-
-
-
-
-
-
811,782
208,399

Amounts received were the grants provided for the purposes set out in Note 12 together with some amounts for sponsorship of events. The amount received from Light for the World was for staff seconded from IAPB to Light for the World. Amounts paid were the costs of some of IAPB’s international staff, hosted by the respective organisations.

40