2024-05-31-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 2024

`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 2024`

	`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 2024`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
their reportwith the financialstatementsof the charityfor the year ended 31 May 2024.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`

Duringtheyear,thecharityhascontinuedtodevelopitsteachingprogrammesasaregistered training
providertodelivertraininginHealthcareScience/OphthalmicandVisionScienceforOphthalmic associate
practitioners.Thecharityhasalsocontinuedtooffertrainingforassessorsandforfunctionalskills in
MathematicsandEnglishaswellascontinuingtoworkwithitsstudentsontheAssociationof Health
Professions in Ophthalmology diploma in Ophthalmic Vision & Science.

`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
of the charity. It has a board of trustees who are also directors and a 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 2024

`Registered Charity number`

`Registered office`

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

`Trustees`

Ms R M McNamara
M E Bairstow

`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 13 February 2025 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 2024.

`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'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection 145(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

13 February 2025

Page 3

`The Association of Health Professions in Ophthalmology`

`Statement of Financial Activities for the Year Ended 31 May 2024`

31.5.24
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Diploma income
25,479
Consultations
19,427
Investment income
2
2,563
Total
47,469
EXPENDITURE ON
Raising funds
26,086
Charitable activities
Diploma income
1,283
Consultations
282
Other
47,087
Total
74,738
NET INCOME/(EXPENDITURE)
(27,269)
RECONCILIATION OF FUNDS
Total funds brought forward
128,913
TOTAL FUNDS CARRIED FORWARD
101,644 31.5.23
Total
funds
£
45,579
4,488
7,401
57,468
26,824
3,505
-
43,830
74,159
(16,691)
145,604
128,913

The notes form part of these financial statements

Page 4

`The Association of Health Professions in Ophthalmology`

`Balance Sheet 31 May 2024`

31.5.24
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
7
7,448
Investment property
8
140,000
147,448
CURRENT ASSETS
Debtors
9
3,596
Cash at bank
951
4,547
CREDITORS
Amounts falling due within one year
10
(50,351)
NET CURRENT ASSETS
(45,804)
TOTAL ASSETS LESS CURRENT LIABILITIES
101,644
CREDITORS
Amounts falling due after more than one
year
11
-
NET ASSETS
101,644
FUNDS
13
Unrestricted funds
101,644
TOTAL FUNDS
101,644 31.5.23
Total
funds
£
10,905
140,000
150,905
8,310
2,326
10,636
(25,316)
(14,680)
136,225
(7,312)
128,913
128,913
128,913

Thecharitablecompanyis entitledto exemptionfromauditunderSection477of theCompaniesAct 2006
for the year ended 31 May 2024.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31 May 2024 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 2024`

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
13 February 2025 and were signed on its behalf by:

M E Bairstow - 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 2024`

`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
have been prepared under the historical cost convention.

`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`

Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.

Plant and machinery- 25% on reducing balance
Computer equipment- Straight line over 3 years

`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.

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

continued...

Page 7

The Association of Health Professions in
Ophthalmology

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`1. ACCOUNTING POLICIES - continued`

`Fund accounting`

Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial
statements.

`2. INVESTMENT INCOME`

`INVESTMENT INCOME`
	`31.5.24`	`31.5.23`
	`£`	`£`
`Rents received`	`2,563`	`7,401`

`3. NET INCOME/(EXPENDITURE)`

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

	`31.5.24`	`31.5.23`
	`£`	`£`
`Depreciation - owned assets`	`2,741`	`4,009`
`Deficit on disposal of fixed assets`	`716`	`2,430`

`4. TRUSTEES' REMUNERATION AND BENEFITS`

Therewere no trustees'remunerationor otherbenefitsfor the year ended 31 May 2024nor for the
year ended 31 May 2023.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended31May2024norfortheyear ended
31 May 2023.

`5. STAFF COSTS`

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

	`31.5.24`	`31.5.23`
`Administration`	`2`	`1`

No employees received emoluments in excess of £60,000.

continued...

Page 8

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

	`Unrestricted`
	`fund`
	`£`
`INCOME AND ENDOWMENTS FROM`
`Charitable activities`
`Diploma income`	`45,579`
`Consultations`	`4,488`
`Investment income`	`7,401`
`Total`	`57,468`
`EXPENDITURE ON`
`Raising funds`	`26,824`
`Charitable activities`
`Diploma income`	`3,505`
`Other`	`43,830`
`Total`	`74,159`
`NET INCOME/(EXPENDITURE)`	`(16,691)`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`	`145,604`
`TOTAL FUNDS CARRIED FORWARD`	`128,913`

continued...

Page 9

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`7. TANGIBLE FIXED ASSETS`

Plant and
Computer
machinery
equipment
£
£
COST
At 1 June 2023
11,900
6,968
Disposals
-
(774)
At 31 May 2024
11,900
6,194
DEPRECIATION
At 1 June 2023
3,071
4,892
Charge for year
2,205
536
Eliminated on disposal
-
(58)
At 31 May 2024
5,276
5,370
NET BOOK VALUE
At 31 May 2024
6,624
824
At 31 May 2023
8,829
2,076
8.
INVESTMENT PROPERTY
FAIR VALUE
At 1 June 2023
and 31 May 2024
NET BOOK VALUE
At 31 May 2024
At 31 May 2023 Totals
£
18,868
(774)
18,094
7,963
2,741
(58)
10,646
7,448
10,905
£
140,000
140,000
140,000

continued...

Page 10

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`9.` `DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR` `Trade debtors` `Other debtors` `Prepayments` `10.` `CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR` `Hire purchase (see note 12)` `Trade creditors` `Social security and other taxes` `Other creditors` `Deferred income` `Accrued expenses` `11.` `CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR` `Hire purchase (see note 12)` `12.` `LEASING AGREEMENTS` `Minimum lease payments under hire purchase fall due as follows:` `Net obligations repayable:` `Within one year` `Between one and five years`	`31.5.24` `£` `1,875` `29` `1,692` `3,596` `31.5.24` `£` `-` `-` `-` `48,331` `-` `2,020` `50,351` `31.5.24` `£` `-` `31.5.24` `£` `-` `-` `-`	`31.5.23` `£` `8,152` `-` `158` `8,310` `31.5.23` `£` `2,123` `4,684` `12` `11,835` `3,750` `2,912`	`31.5.23` `£` `8,152` `-` `158` `8,310` `31.5.23` `£` `2,123` `4,684` `12` `11,835` `3,750` `2,912`
		`25,316`
		`31.5.23` `£` `7,312` `31.5.23` `£` `2,123` `7,312` `9,435`
			`9,435`

continued...

Page 11

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`13. MOVEMENT IN FUNDS`

At 1.6.23
£
Unrestricted funds
General fund
128,913
TOTAL FUNDS
128,913
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
47,469
TOTAL FUNDS
47,469
Comparatives for movement in funds
At 1.6.22
£
Unrestricted funds
General fund
145,604
TOTAL FUNDS
145,604
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
57,468
TOTAL FUNDS
57,468 Net
movement
At
in funds
31.5.24
£
£
(27,269)
101,644
(27,269)
101,644
Resources
Movement
expended
in funds
£
£
(74,738)
(27,269)
(74,738)
(27,269)
Net
movement
At
in funds
31.5.23
£
£
(16,691)
128,913
(16,691)
128,913
Resources
Movement
expended
in funds
£
£
(74,159)
(16,691)
(74,159)
(16,691)

continued...

Page 12

`The Association of Health Professions in Ophthalmology`

`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`

`13. MOVEMENT IN FUNDS - continued`

A current year 12 months and prior year 12 months combined position is as follows:

`Unrestricted funds` `General fund` `TOTAL FUNDS`	`At 1.6.22` `£` `145,604` `145,604`	`Net` `movement` `in funds` `£` `(43,960)` `(43,960)`	`At` `31.5.24` `£` `101,644`
			`101,644`

Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`104,937`	`(148,897)`	`(43,960)`
`TOTAL FUNDS`	`104,937`	`(148,897)`	`(43,960)`

`14. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 31 May 2024.

Page 13

`The Association of Health Professions in Ophthalmology`

`Detailed Statement of Financial Activities`
`for the Year Ended 31 May 2024`
	`31.5.24`	`31.5.23`
	`£`	`£`
`INCOME AND ENDOWMENTS`
`Investment income`
`Rents received`	`2,563`	`7,401`
`Charitable activities`
`Diploma income`	`25,479`	`45,579`
`Consultations`	`19,427`	`4,488`
	`44,906`	`50,067`
`Total incoming resources`	`47,469`	`57,468`
`EXPENDITURE`
`Other trading activities`
`Diploma expenses`	`24,746`	`26,824`
`Bad debts`	`1,340`	`-`
	`26,086`	`26,824`
`Charitable activities`
`Hire purchase`	`1,059`	`714`
`Support costs`
`Management`
`Wages`	`23,370`	`14,743`
`Insurance`	`1,367`	`1,399`
`Telephone`	`855`	`875`
`Administration expenses`	`2,739`	`4,900`
`Website and computer expenses`	`1,734`	`2,019`
`Depreciation of plant and machinery`	`2,205`	`2,833`
`Depreciation of computer equipment`	`536`	`1,176`
`Loss on sale of tangible fixed assets`	`716`	`2,430`
	`33,522`	`30,375`
`Finance`
`Bank charges`	`282`	`-`

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 2024`

	`31.5.24`	`31.5.23`
	`£`	`£`
`Finance`
`Other`
`Repairs and renewals`	`2,694`	`5,282`
`Accountancy fees`	`2,665`	`1,770`
`Consultants fees`	`1,220`	`1,250`
`Professional fees`	`2,054`	`4,730`
`Miscellaneous`	`745`	`435`
	`9,378`	`13,467`
`Governance costs`
`Rates and water`	`1,156`	`362`
`Light and heat`	`3,255`	`2,417`
	`4,411`	`2,779`
`Total resources expended`	`74,738`	`74,159`
`Net expenditure`	`(27,269)`	`(16,691)`

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 b3pIL8KjRHc/JEVeRA== at IP address 92.234.157.29, on 2025/02/18 14:12:29 Z.

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