``` 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`** ``` 1107638 ``` ## **`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 ``` ## **Virtual Cabinet Portal Digital Signatures** ## **Digital Signature Verification** You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page: https://www.virtualcabinetportal.com/VerifySignedDocument ## **Signature Dates and Times** All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page: http://www.virtualcabinetportal.com/WhatIsUTC ## **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.