2021-05-31-accounts - The Association Of Health Professions In Ophthalmology

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REGISTERED COMPANY NUMBER: 05001958 (England and Wales)
REGISTERED CHARITY NUMBER: 1107638

`Report of the Trustees and`

`Unaudited Financial Statements`

for the Year Ended 31 May 2021

`for`

The Association of Health Professions in
Ophthalmology

Bourne & Co
Chartered Accountants
6 Lichfield Street
Burton-on-Trent
Staffordshire
DE14 3RD

The Association of Health Professions in
Ophthalmology

`Contents of the Financial Statements for the Year Ended 31 May 2021`

	`Page`
`Report of the Trustees`	`1 to 2`
`Independent Examiner's Report`	`3`
`Statement of Financial Activities`	`4`
`Balance Sheet`	`5 to 6`
`Notes to the Financial Statements`	`7 to 13`
`Detailed Statement of Financial Activities`	`14 to 15`

`The Association of Health Professions in`

`Ophthalmology`

`Report of the Trustees for the Year Ended 31 May 2021`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
their reportwith the financialstatementsof the charityfor the year ended 31 May 2021.The trustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

Theobjectivesofthecharityaretopromoteapractice,education,trainingandresearchinthefield of
ophthalmologyand visionsciencethroughoutthe United Kingdomby promotinghigh standardsof care  and
treatmentofpatientswithdiseaseordisabilityaffectingtheeyesorvision,advancingpubliceducation in
ophthalmologyandvisionscience,andrepresentingtheneedsandinterestsofophthalmologyand vision
scienceintheprovisionandadvancementofhealthcare.Thecharityalsoaimstoencourageand support
education into the prevalence, risk factors and treatment of ophthalmic diseases for the public benefit.

`Significant activities`

Duringtheperiodthecharityhascontinuedtodevelopitsteachingprogrammesasa registered
apprenticeshiptrainingprovidertodeliverLevel4apprenticeshipsinHealthcareScience/Ophthalmic and
VisionScienceforOphthalmicassociatepractitioners.Thecharityhasalsocontinuedtooffertraining for
assessorsand for functionalskills in Mathematicsand English as well as continuingto work with its  students
ontheAssociationofHealthProfessionsinOphthalmologydiplomainOphthalmicVision&Science. An
increase in students during the long period has led to the increase in the charity's income.

`FINANCIAL REVIEW`

`Financial position`

Theattachedfinancialstatementsshowthecurrentstateofthecompanyfinances,whichthe Trustees
considertobesatisfactory.Themainsourceofincomeisfromstudentcoursefees.Thecharitydoes not
raise funds from the public.

The charity's banker is the Co-operative Bank.

`Reserves policy`

TheTrusteesregularlyreviewtheCharity'slevelofreservesheldagainsttheexpectedexpenditure. They
consider the current level of reserves allow them to meet the Charity's objectives.

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.

`Organisational structure`

The charityis organisedas an independentassociationof organisationsinterestedin furtheringthe objects
ofthecharity.Ithasaboardoftrusteesanddirectors.Since1February2020thecharitydoesnot have
anyone acting in the role of company secretary.

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Registered Company number`

05001958 (England and Wales)

Page 1

`The Association of Health Professions in Ophthalmology`

Report of the Trustees
for the Year Ended 31 May 2021

`Registered Charity number`

`Registered office`

59 New Street
Burton-on-Trent
Staffordshire
DE14 3QY

`Trustees`

C E Clements Ophthalmic Photographer (resigned 20.11.20)
Dr R J Harrison Consultant Opthalmologist (resigned 20.11.20)
Ms R M Mcnamara Orthoptist
M S Wishart (resigned 20.11.20)
D Sculfor (appointed 19.11.20) (resigned 5.1.22)
M E Bairstow (appointed 20.11.20)

`Company Secretary`

Dr R J Harrison

`Independent Examiner`

Bourne & Co
Chartered Accountants
6 Lichfield Street
Burton-on-Trent
Staffordshire
DE14 3RD

ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act
2006 relating to small companies.

Approved by order of the board of trustees on 4 February 2022 and signed on its behalf by:

Dr R J Harrison - Secretary

Page 2

`Independent Examiner's Report to the Trustees of The Association of Health Professions in Ophthalmology`

`Independent examiner's report to the trustees of The Association of Health Professions in`

`Ophthalmology ('the Company')`

IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 May 2021.

`Responsibilities and basis of report`

Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsiblefor the preparationof the accountsin accordancewith the requirementsof the Companies Act
2006 ('the 2006 Act').

HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsas carried out under section145 of the CharitiesAct 2011 ('the 2011 Act'). In carrying out
my examinationI have followedthe Directionsgiven by the CharityCommissionunder section145(5)(b)  of
the 2011 Act.

`Independent examiner's statement`

I have completedmy examination.I confirmthat no mattershave come to my attentionin connection with
the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.

Mrs M J Edwards
Bourne & Co
Chartered Accountants
6 Lichfield Street
Burton-on-Trent
Staffordshire
DE14 3RD

4 February 2022

Page 3

`The Association of Health Professions in Ophthalmology`

`Statement of Financial Activities for the Year Ended 31 May 2021`

Year Ended
31.5.21
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
142,000
Charitable activities
Diploma income
43,705
Investment income
2
9,600
Total
195,305
EXPENDITURE ON
Raising funds
17,252
Other
40,405
Total
57,657
NET INCOME/(EXPENDITURE)
137,648
RECONCILIATION OF FUNDS
Total funds brought forward
11,135
TOTAL FUNDS CARRIED FORWARD
148,783 Period
1.1.19
to
31.5.20
Total
funds
£
-
49,273
-
49,273
17,905
36,857
54,762
(5,489)
16,624
11,135

The notes form part of these financial statements

Page 4

`The Association of Health Professions in Ophthalmology`

`Balance Sheet 31 May 2021`

31.5.21
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
7
3,413
Investments
Investments
8
2,000
Investment property
9
140,000
145,413
CURRENT ASSETS
Debtors
10
5,075
Cash at bank
2,238
7,313
CREDITORS
Amounts falling due within one year
11
(3,943)
NET CURRENT ASSETS
3,370
TOTAL ASSETS LESS CURRENT LIABILITIES
148,783
NET ASSETS
148,783
FUNDS
12
Unrestricted funds
148,783
TOTAL FUNDS
148,783 31.5.20
Total
funds
£
130
-
-
130
-
15,020
15,020
(4,015)
11,005
11,135
11,135
11,135
11,135

Thecharitablecompanyis entitledto exemptionfromauditunderSection477of theCompaniesAct 2006
for the year ended 31 May 2021.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006.

The notes form part of these financial statements

continued...

Page 5

`The Association of Health Professions in Ophthalmology`

`Balance Sheet - continued`

`31 May 2021`

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
4 February 2022 and were signed on its behalf by:

M E Bairstow - Trustee

R M Mcnamara - Trustee

The notes form part of these financial statements

Page 6

The Association of Health Professions in

`Ophthalmology`

`Notes to the Financial Statements for the Year Ended 31 May 2021`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1 January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicablein theUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
havebeenpreparedunderthehistoricalcostconvention,withtheexceptionofinvestments which
are included at market value.

`Income`

Allincomeisrecognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.

`Tangible fixed assets`

Tangiblefixed assetsare includedat cost less depreciationand impairment.Depreciationis provided
at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment                   -  Straight line over 3 years
Website                                    -  20% on cost

`Investment property`

Investmentpropertyis shown at most recentvaluation.Any aggregatesurplusor deficitarising from
changes in fair value is recognised in the Statement of Financial Activities.

`Related party exemption`

Thecharitablecompanyhastakenadvantageofexemption,underthetermsofFinancial Reporting
Standard102'TheFinancialReportingStandardapplicablein theUK and Republicof Ireland',not to
disclose related party transactions with wholly owned subsidiaries within the group.

`Taxation`

The charity is exempt from corporation tax on its charitable activities.

`Fund accounting`

Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the
trustees.

continued...

Page 7

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2021`

`1. ACCOUNTING POLICIES - continued`

`Fund accounting`

Restrictedfunds can only be used for particularrestrictedpurposeswithinthe objectsof the  charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.

Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial
statements.

`Debtors`

Shorttermdebtorsaremeasuredattransactionpricelessanyimpairment.Anylossesarising from
impairment are recognised in profit or loss.

`Creditors`

Short term creditors are measured at transaction price.

`Cash`

Cash at bank represents monies held on the the business current account, with instant access.

`2. INVESTMENT INCOME`

`INVESTMENT INCOME`
		`Period`
		`1.1.19`
	`Year Ended`	`to`
	`31.5.21`	`31.5.20`
	`£`	`£`
`Rents received`	`9,600`	`-`

`3. NET INCOME/(EXPENDITURE)`

Net income/(expenditure) is stated after charging/(crediting):

		`Period`
		`1.1.19`
	`Year Ended`	`to`
	`31.5.21`	`31.5.20`
	`£`	`£`
`Depreciation - owned assets`	`1,173`	`2,304`

continued...

Page 8

The Association of Health Professions in
Ophthalmology

`Notes to the Financial Statements - continued for the Year Ended 31 May 2021`

`4. TRUSTEES' REMUNERATION AND BENEFITS`

Therewere no trustees'remunerationor otherbenefitsfor the year ended 31 May 2021nor for the
period ended 31 May 2020.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended31May2021norfortheperiod ended
31 May 2020.

`5. STAFF COSTS`

The average monthly number of employees during the year was as follows:

		`Period`
		`1.1.19`
	`Year Ended`	`to`
	`31.5.21`	`31.5.20`
`Administration`	`1`	`1`
`No employees received emoluments in excess of £60,000.`
`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`
		`Unrestricted`
		`fund`
		`£`
`INCOME AND ENDOWMENTS FROM`
`Charitable activities`
`Diploma income`		`49,273`
`EXPENDITURE ON`
`Raising funds`		`17,905`
`Other`		`36,857`
`Total`		`54,762`
`NET INCOME/(EXPENDITURE)`		`(5,489)`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`		`16,624`

`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

continued...

Page 9

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2021`

`6.`	`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`
		`Unrestricted`
		`fund`
		`£`
	`TOTAL FUNDS CARRIED FORWARD`	`11,135`
`7.`	`TANGIBLE FIXED ASSETS`
		`Office`
		`equipment`
		`£`
	`COST`
	`At 1 June 2020`	`2,289`
	`Additions`	`4,456`
	`At 31 May 2021`	`6,745`
	`DEPRECIATION`
	`At 1 June 2020`	`2,159`
	`Charge for year`	`1,173`
	`At 31 May 2021`	`3,332`
	`NET BOOK VALUE`
	`At 31 May 2021`	`3,413`
	`At 31 May 2020`	`130`
`8.`	`FIXED ASSET INVESTMENTS`
		`Unlisted`
		`investments`
		`£`
	`MARKET VALUE`
	`Additions`	`2,000`
	`NET BOOK VALUE`
	`At 31 May 2021`	`2,000`
	`At 31 May 2020`	`-`

There were no investment assets outside the UK.

continued...

Page 10

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2021`

`9. INVESTMENT PROPERTY`

`FAIR VALUE` `Additions` `At 31 May 2021` `NET BOOK VALUE` `At 31 May 2021` `At 31 May 2020` `10.` `DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR` `Trade debtors` `11.` `CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR` `Trade creditors and accruals` `Social security and other taxes` `Other creditors` `Accrued expenses` `12.` `MOVEMENT IN FUNDS` `Unrestricted funds` `General fund` `TOTAL FUNDS`	`At 1.6.20` `£` `11,135` `11,135`	`31.5.21` `£` `5,075` `31.5.21` `£` `1,900` `330` `99` `1,614` `3,943` `Net` `movement` `in funds` `£` `137,648` `137,648`	`£` `140,000`
			`140,000`
			`140,000`
			`-`
			`31.5.20` `£` `-` `31.5.20` `£` `4,015` `-` `-` `-` `4,015` `At` `31.5.21` `£` `148,783`
			`148,783`

continued...

Page 11

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2021`

`12. MOVEMENT IN FUNDS - continued`

Net movement in funds, included in the above are as follows:

`Unrestricted funds` `General fund` `TOTAL FUNDS` `Comparatives for movement in funds` `Unrestricted funds` `General fund` `TOTAL FUNDS`	`Incoming` `resources` `£` `195,305` `195,305` `At 1.1.19` `£` `16,624` `16,624`	`Resources` `Movement` `expended` `in funds` `£` `£` `(57,657)` `137,648` `(57,657)` `137,648` `Net` `movement` `At` `in funds` `31.5.20` `£` `£` `(5,489)` `11,135` `(5,489)` `11,135`

Comparative net movement in funds, included in the above are as follows:

`Unrestricted funds` `General fund` `TOTAL FUNDS`	`Incoming` `Resources` `Movement` `resources` `expended` `in funds` `£` `£` `£` `49,273` `(54,762)` `(5,489)` `49,273` `(54,762)` `(5,489)`

continued...

Page 12

The Association of Health Professions in
Ophthalmology

`Notes to the Financial Statements - continued for the Year Ended 31 May 2021`

`13. RELATED PARTY DISCLOSURES`

DuringtheyearagiftwasmadetotheCharitybyoneoftheTrustee'sintheformofproperty and
shares.Noconsiderationwasexchangedandthemarketvalueofthegiftatthetimeequated to
£142,000.Thisamounthas beenrecognisedin theCharity'sincomestatementand balancesheet in
these accounts.

Page 13

`The Association of Health Professions in Ophthalmology`

`Detailed Statement of Financial Activities for the Year Ended 31 May 2021`

`Year Ended` `31.5.21` `£` `INCOME AND ENDOWMENTS` `Donations and legacies` `Gifts` `142,000` `Investment income` `Rents received` `9,600` `Charitable activities` `Diploma income` `43,705` `Total incoming resources` `195,305` `EXPENDITURE` `Other trading activities` `Diploma expenses` `17,332` `Support costs` `Management` `Wages` `18,232` `Office rent` `-` `Insurance` `493` `Telephone` `664` `Administration expenses` `2,156` `Website and computer expenses` `1,698` `Meeting expenses` `-` `Depreciation of office equipment` `1,173` `Depreciation of website` `-` `24,416` `Other` `Repairs and renewals` `1,156` `Accountancy fees` `1,854` `Miscellaneous` `134` `3,144`	`Period` `1.1.19` `to` `31.5.20` `£` `-` `-` `49,273`
	`49,273` `17,905` `17,199` `4,322` `521` `201` `7,175` `2,249` `67` `864` `1,440`
	`34,038` `527` `2,070` `222`
	`2,819`

This page does not form part of the statutory financial statements

Page 14

`The Association of Health Professions in Ophthalmology`

`Detailed Statement of Financial Activities for the Year Ended 31 May 2021`

`Year Ended` `31.5.21` `£` `Other` `Governance costs` `Rates and water` `1,228` `Light and heat` `1,697` `Legal fees` `9,840` `12,765` `Total resources expended` `57,657` `Net income/(expenditure)` `137,648`	`Period` `1.1.19` `to` `31.5.20` `£` `-` `-` `-` `-` `54,762` `(5,489)`

This page does not form part of the statutory financial statements

Page 15

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Signature 1

Signed by Rosalind Harrison using authentication code LkhBNjBvLy5BWS9Q at IP address 93.96.70.157, on 2022/02/05 00:23:23 Z.

Rosalind Harrison's e-mail address is: r.harrison@ahpo.net.