ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAFICH 2025 BOURNEMOUTH BLIND SOCIETY CHARITY REGISTRATION No: 1114570 COMPANY REGISTRATION No: 05792657
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 Table of Contents Page 1 Chairman's Report Page 1 Review of Activities Page 5 Report of the Directors Page 11 Independent Examiner's Report Page 12 Statement of Financial Activilies Page 13 Balance Sheet Page 14 Notes to the Accounts Bournemouth Blind Society Annual Report and Accounts 2024125
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 202$ Bournemouth Blind Society The Board of Trustees has pleasure in presenting their Annual Report for the year ended 31 March 2025. Chairman's Re ort The Bournemouth Blind Society has continued to effectively support its Members throughoul the past year, 202412025, despite the numerous challenges which have sadly forced many other local charities to close. The Society is fortunate in owning premises where Members meet. fundraising aclivities take place, a permanent resource centre is located and accommodation is available for local groups and residents to hire. The Socieiy welcomed a number of new Members to weekly activities and also new Trustees to Ihe Board. A comprehensive newsletter. available in several formats. provides regular updates on activities, fundraising and new resources and reaches not only Members but a much wider audience. The newsletter and talks to Community Groups by the Chief Executive continues to raise awareness of the work ol the Society. Going forward there will still be challenges surrounding fundraising, finding qualified volunteer minibus drivers, expanding the volunteer group and reaching out to potential new Members. Thanks lo Ihe Chief Executive, Staff, Volunteers and Belrienders, Trustees and supporters ol the Charity lor their conlinued work and dedication in maintaining and supporting the Sociely and its Members. Revlew of Aclivities Bournemouth Blind Society exists .10 assist and benefit. bul not with direct financial assistance, people with a visual impairment andlor hearing impairmenl living wilhin the BournemouthlChristchurch/Poole area and to promote public awareness of sight andlor hearing loss." Alternative ways of delivering ihe assislance and benefit mentioned were introduced as a resull of Ihe 2020 Covid pandemic, many of which are still in use. The activities ol the Charity are designed, where possible, to- reduce isolalion., retain or improve skills; give a sense of well-being and belonging. maintain independence. We aim to deliver all our seNices in a cheerful, purposeful way. Many ol the Members refer lo our Centre in Moordown as their -second home" and the people they meet there as their "extended family". Many ol our Members are older and a number live in their own home, often alone as their life parlners have predeceased them. A number also refer to the Centre lo be their"happy place". Bournemouth Blind Society Annual Reporl and Accounts 2024125 Page 1
BOIJRNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 The loss of sight is a significant life changing event and often results in a highly emolional time, which can often be hidden. Spirils which appear high during a one-hour phone call can often mask the reality of not coping very well. As an organisation. vie try and encourage those Members who are experiencing emotional insecurity lo take part in activilies. even il only an occasional phone call. Social Activities The Social Groups run each Monday. Tuesday. and Thursday. The groups are approximately half the size ol the pre-covid groups as a number of previous Members have eilher passed away. are now loo ill to attend- or have decided lo remain in relative isolation. A number of new attendees have been welcomed during the year, bul the increase in group sizes is slow. The hours spent at the Cenlre each day are gradually increasing. and all groups take place in Rooper Hall to allow for greater distancing and air circulation. On Mondays and Thursdays, a 0-Course lunch is served, lollowed by some form ol engagement with the Members. In the year under review this has all been provided by the Staff and Volunteers and has included quizzes, word games, music appreciation. story lime and memory boxes. As the majority ol people attending these groups have mobility issues the activities provided tend to be sedentary. The Tuesday Group remains as a breakfast club and attracts a number of more active Members who are only seen in this group. They all feel very much 'at home, among the group and this is often the opportunity to discuss problems they are each facing or the opportunity for interaction with the specialist services provided by the Society. During the year, the monthly Walking Group resumed during the dryer, warmer months. This included walks by the sea, around Christchurch and in various local parks. Through the summer months, Ihe Charity provided a driver, logelher with a sighted escort, and the use of its minibus for the Dorsel Visually Impaired Cricket Team during their trips to away fixtures. Practical Su ort in the Communil Face to face interventions are available for all support seNices provided by the Society, both in the client's own home or al the Centre. The slaff provide a friendly face to each service as users are often in great need. The Society received a granl from BCP Council toward providing a Resource Centre lor both sight impairment and hearing impairmenl, togelher with a Community Support service. The relationship between Ihe staff ol BCP'S Adult Social Care Sight & Hearing Team and the Sociely's staff remains favourable and as strong as ever. The Service Level Agreement for the Sight and Hearing Resource Centre is to open for 8 hours each week. The Trustees have made the decision lo increase this by opening the Flesource Centre from Monday lo Friday, 1 Oam to 1pm115 hours per week}. The number of visitors to the Centre is similar lo last year. Callers Iwhether over the phone or face lo facel have wanted information and advice about products to help ihem live independently. Any callers who needed help that the Society was unable to provide were signposted lo relevanl alternative organisations. During the year a total of 175 (2024.. 1821 people visited the Resource Centre, with 12012024.. 1211 phone calls. Visits took an average of 50 minutes eachl2024'. 311, with phone calls averaging 21 12024.. 141 minutes each. Numbers are still considerably below pre- Covid ligures, partly due to a greater reliance by potenlial callers asking their family to search for advicelequipment via the internet. During ihe current year, the number ol lace-to-face befriending visits has increased, but almost 75°/o of Befriending is slill over the telephone, especially those contacled by paid staff, who have olher roles within Ihe Sociely. The Befriending Service currently has 21 registered befriendees 12023124= 221, bul il is known that a number of Volunteers continue lo phone Members who are not registered with the service. Finding suitable befriendees is proving difficult, as a long-term commitment is required. Bournemoulh Blind Society Annual Report and Accounts 2024125 Page 2
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 The Emotional Support Service continued to provide a valuable resource to anyone of any age group who is experiencing emotional, psychological or relationship diff icullies arising from sight loss. As with all other services, face lo lace sessions are offered, but a number still want to receive the support either by telephone or via video conterencing, all in line with Ihe recommendations made by BACP {The British Association lor Counselling and Psychotherapy}. The Emotional Support given is much in demand and this service has continued to be provided Iree of charge, with clients asked to consider donating where possible. During the year, 43 clients {2023124= 421 have received support from this service. At the year end, the case load is 15 cases12023124- 211, with a further 4 referrals waiting for their initial assessment. The Assistive Technology suite has been available most Tuesdays throughout the year, plus support has continued over telephone and video links. A total of 29 clients12023124- 22) have received helpltuition in Assislive Technology. Awareness The Society is keen to work with local people, groups and businesses to help Ihem understand the needs of Ihe visually impaired. A sight awareness session was delivered to the passenger Special Assistance team at Bournemoulh Airport. Talks on both sight and hearing awareness have been offered to numerous other groups and societies, but with no interest being shown. Alternative means of delivering the information are being investigaled. The bi-monlhly newsletter was published 6 times in the year. The newsletter is available in many formats including large print, e-mail and audio on CD or USB stick. It provides useful informalion to the Members, together with details of the services available at Bournemouth Blind Society and its lundraising events. An e-newsletter is also produced- aiTned primarily at supporters it advertises fundraising opportunities, inviles potenlial Volunteers and informs supporters of the ongoing work of the Society. Fundraisin The number of face-to-face Fundraising Events held during the year has been limited to our ever-popular quarterly Quiz Nights and both a Summer Concert and a Christmas Concert provided by Wessex Chorus. This is primarily due to the lack of volunleers willing to give of their own time for fundraising events. Hiring oul of the Rooper Hall for privale parties at weekends continues and the hall has been in use many weekends of the year, along with regular lets on Wednesdays to the NHS Diabetic education programme and other weekday evenings to various groups. The Training School hires rooms in the main building using them during the daytime, in the evenings and occasional weekends. Funds have been raised through pink elephant colleclion pots placed in local shops, allhough the sums raised are being reduced as people slop using cash for transactions. Bournemoulh Blind Society received donations from various sources including "Friends" of the Sociely,. Bournemouth Rotary Club., BoLJrnemoulh North Rotary Club., Bournemouth East Cliff Rolary Club,. Bournemouth Lions., Tops Day Nursery and Ihe Holdenhurst Charity. Donalions received in Memory of deceased Members was £905 (2023124 £762). Further donations were received from numerous other generous supporlers, bolh organisations and individuals. A number of supporters also provided the Society with their time and services free of charge. Where significant, these have been identified in the accounts. The energy and time provided by Volunteers must not go unnoticed. The majority of the Society's volunteers have been with the organisalion for many years and their services are still given freely, willingly and with a smile. Bournemoulh Blind Society Annual Report and Accounts 2024125 Page 3
BOURNEMOIJTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 Buildin The Society owns the land and buildings il operates from, due to the foresight of supporters many years ago. The building was purpose built as a residential block but has since been converted into an Aclivity and Social Centre. The building labric is mainlained lo a high standard but being almost 100 years old need constant attention. The Senior Management endeavour to only divert funds to maintenance when absolutely essential. Trustees Like so many charities, the Society relies heavily upon the generous donation of time by its Trustees. Their role is referred to elsewhere in Ihis annual report. The work of the Trustees is often behind the scenes and goes on unseen by the majority ol those who interact wilh the Society in whatever guise that may be. Recruitment of suitable people to work as Trustees is slow and Ihe search for new Trustees continues. Slaff With a mixture of work patterns to suil operational needs, it is rare for all staff to be on site at the same time. Regular team sharing limes and social events keep the team spirit high and means that all staff are aware of whal is happening with the Society and ils Members. The number of hours worked each week ranges from 15 to 34 hours. All staff are paid al least the Living Wage Foundation minimum wage, wilh rates reviewed to commence on 1 $1 April each year. The staff regularly go 'over and above. to support the Members and frequently attend oul-of- hours funclions to support the Society, at no cost to the Society. Bournemouth Blind Society is blessed with a dedicaled, long-serving workforce who are committed to providing the best services possible to Ihe blind and partially sighted people they come across. The TrusleeslDirectors wish to record their sincere thanks to everyone who has contributed to the benefit of the Society, whether Stall, Volunteer, or Supporter. They are all essential parts of Ihe organisalion. Bournemouth Blind Society Annual Report and Accounts 2024125 Page 4
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 A. Reference and Administratlve Information The Bournemouth Blind Socieiy was incorporated in England and Wales on 24 April 2006 as Bournemouth Society for the Visually Impaired. The change of name to Bournemouth Blind Socieiy was recorded by Cornpanies House on 6 March 2015. The company number is 05792657. Bournemouth Blind Society is also registered wilh the Charity Commission, number 1114570. The Society operates from its regislered address. 5 Vicloria Park Road, Bournemouth, BH9 2RB. Trustees During the year and up to the date of this report the following have served as Trustees, who are also Directors of the Company: Mrs Madeleine Avis Dr Rodney Frederick Cooper Mrs Tania Barber Mrs Ann Elizabeth Copland Mr Martin Simon Goldman Mrs Barbara Lauraine Russell Mr Andrew Nicholas Sherriff Mrs Margarel Joyce Vousden Chair Board of Truslees Chair Finance Committee Co-opted 02.09.2024 Co-opted 02.09.2024 Deputy Chair Board of Trustees The TrusleeslDireclors are also the Members of Ihe company. The Trustees/Directors due to relire by rotalion al the AGM in June 2025 are Mrs Tania Barber, Dr Rodney Frederick Cooper, Mr Martin Simon Goldman and Mr Andrew Nicholas Sherriff . Mrs Tania Barber, Dr Rodney Frederick Cooper and Mr Andrew Nicholas Sherriff all offer themselves lor re-election. The Company Secretary and Chief Executive ol the charity is Mr Philip Tarrant. On 31 March 2025 there were two hundred and nine (2024: 1941 registered blind and partially sighted users on the society's register, which only records those for whom a signed GDPR consent form is on file. A number ol visually impaired users who access services, choose not to be included on the register. It is estimaled the lotal pool of users is in the region of four hundred and fifty people. Princi al Advis BANKERS Barclays Bank plc Leicester, LE87 2BB INVESTMENT MANAGERS Redmayne Bentley 139 Commercial Rd, Poole BH14 OJD ACCOUNTANTS TC Group 10 Bridge Street. Chrislchurch, BH23 1 EF B. Structure, Governance and Management Governin Documenl Bournemouth Blind Society is a company limited by guarantee and has no share capital. In the event of Ihe company being wound up each voling Member is required to contribute an amount not exceeding £1. There were six voling Members at the balance sheet dale. The operations of Bournemouth Blind Society are governed by Ihe Memorandum and Articles of Associalion, which were agreed on 24 April 2006, amended by Special Resolution on 22 October 2009, amended by Special Resolution on 11 July 2013, amended by Special Resolulion lo change the name on 1 September 2014, amended by Special Resolution to update the Objectives on 3 June 2019 and amended by Special Resolulion on 4 October 2021. Bournemouth Blind Society Annual Reporl and Accounts 2024125 Page 5
BOURNFMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 Recruilment and A ointment of the Board of Trustees The directors ot the company are also charity trustees lor the purposes of charity law. Under Ihe requirements of the Memorandum and Arlicles of Association one third of the members of the Board ol Truslees must retire each year with those being longest in office retiring at the next Annual General Meeting. A retiring member of Ihe Board will be eligible lo seek for re-election. The Board has the authority to co-opt members lo ils number to fill any vacancy left open at any time. Members of the Board are elected at Annual General Meeting by a show of hands. Trustee Induction and Trainin Trustees are soughl to bring a spread of skills, knowledge and Diversity to the Society- All new trustees receive a pack containing: Memorandum and Articles of Association 2 The Charity Commission's guide Yhe Essential Trustee- 3 Latest financial statemenls 4 Literature outlining the work ot the Charity 5 The Charity's policies handbook anisational Slruclure The Bournemouth Blind Society Board of Trustees may number beeen Ihree and Iwelve members. At presenl there are six trustees. Responsibility for the day to day running of the Society is delegated to the Bournemouth Blind Society Chief Executive and through him to the paid Slaff and Volunteers. Budgetary conlrol rests with the delegated Finance Committee. The Board of Trustees and the Finance Committee each meet lour times a year. or as often as is necessary. Minules of the Finance Committee meetings are submitted to the Board ol Trustees. Risk Mana emenl The Trustees actively eii courage the senior managemenl to review the major risks which the charity laces on a regular basis and believe that mainlaining ihe free reserves staled and retaining suff icienl restricted funds combined wilh an annual review of the conlrols over key financial systems will provide sufficient resources in the event of adverse condilions. The Trustees have implemented a Risk Management system which determines a pattern of regular reviews to reduce risk to a minimal level. The Policies of the Society are written, reviewed by Ihe Trustees, and published with a view to protecting the beneficiaries ol the charity, as well as the Volunteers, Truslees and paid Staft. The policies lay down the principles for the interaction between paid Staff, Volunleers and Beneficiaries, reducing risk to an acceptable level, thus protecting Ihe Charity. The greatesl risks the Charily currently faces are-. Ihe lack ol suitable Volunteers to drive the Society's minibus which is putting a strain on paid Staff" a reliance on Bequests and Legacy Giving for funding services the limited level of fundraising income coming inlo the Society. Pa olic for senior slaff The trustees consider Ihe Chief Executive as Ihe key management personnel of the charity, in charge of direcling and conlrolling ihe charity and running and operating the charity on a day- to-day basis. The pay of Ihe charity's chief executive is reviewed regularly and normally increased in accordance with average earnings. The rernuneralion is benchmarked with a limited number of local charities of a similar size and activily to ensure that the remuneration sel is fair and nol out of line with those generally paid for similar roles. Bournemouth Blind Society Annual Report and Accounts 2024125 Page 6
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 C. Publle Benefit The Charity is a Public Benefit Enlity and acknowledges its requirement to demonstrale clearly that il musl have charilable purposes or 'aims' that are lor the public benelit. Details ol how the Charity has achieved this are provided earlier in Ihis report. under Ihe heading "Review ol Aclivities" The Truslees confirm that they have paid due regard to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011 before deciding whal activities the Charily should undertake. They do nol consider Ihat any of Ihe charity s activilies cause any significant detriment or harm and believe that any private benefit arising from the activities is incidenlal. D. Custodian Trusteeship No assets were held as custodian trustee during the reporling period. E. Objectives The objective for which the company was established is defined in the Memorandum and Articles of Association. Following the merge of Local Government from Ihree local councils to one, it was agreed to update the Objectives clause of the Society, by Special Resolulion, on 3 June 2019. The Charily's newly adopted objects ("the Objects") are-_ (a) to assist and benelit, but not with direct financial assistance, people with a visual impairment andlor hearing impairment living within the Bournemouth/ChristchurchlPoole area. {b) to promote public awareness of sight andlor hearing loss. F. Achievements and Perforniance Reports on the achievements and activities of the Bournemouth Blind Society for the year to 31 March 2025 are conlained on pages 1 to 4 of this reporl. The Investment Portfolio has a progressive risk and balanced investment objective. The total return on all investments, net of fees, was +4.42°/.. This compares wilh the Arc Sterling Growth benchmark of +2.85°/. for the same period G. Financial Review The 2024125 Statement of Financial Activities (SOFA) for Bournemouth Blind Society and the Balance Sheet at 31 March 2025, logether with associated explanalory noles, are given on pages 12 to 26. The Society's income for 2024125 was £141,288, a 4.8 % increase on that raised in 2023124 {£134,8341. The income for 2024125 includes £33 received as legacies {2023124 £5121. Expenditure totalled £203,013 and was about 6.5% higher to that incurred in 2022123 1£190,731}. Despite continuing linancial management and cost control. the overall perlormance in 2023124 was an operating deficit of £61,725 {a deficit 01 £55,897 in 2023124}. The lack of legacy income seriously impacled income and the net operating situalion. The Chief Executive, Staff , and all concerned with Ihe running ol the Society are aware of Iheir responsibilities and fully acknowledge the need lo control expenditure and increase income into the Society. Bournemouth Blind Society Annual Report and Accounts 2024125 Page 7
BOURNEMOIJTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 Investment Polic The Directors have previously agreed that, in times ot any surplus, the monies would be retained in an investment portfolio to maximise investment income. In times of overspend, however, equivalent lunds may have lo be withdrawn. The Investment Policy aims to nol let the value of investments fall below a figure commensurale with e1ve monlhs total expenditure of Ihe charity. The Investments are managed externally in a progressive risk balanced portfolio and the Trustees receive a performance report from the Fund Manager on an annual basis. H. Reserves The reserves of the Society lall into three different categories.. Unrestricted Funds; Designated Funds. Restricted Funds. Unrestricted Funds represent Ihose balances that can be used for any purpose that allows the Charity lo achieve its stated objectives. The income is received with no restrictions placed by the giver as to how it may be used. Designaled Funds are determined by the Trustees and are amounls set aside from Unreslricled Incomes for specific purposes. The Trustees continue lo carefully manage the Designated Funds.. The Socieiy is fortunate to own, freehold, Ihe buildings from which il operates. The valuation of this is held in a designated Capital Fund thereby ensuring that the Unrestricted Reserves are the unencumbered ones. The aim of Ihe DirectorslTrustees is to ensure that the charity could survive through any period of unexpecled expendilure or serious reduction in income and. consistent with that goal, previously established a Continuity Reserve Fund. The level ol reserves retained within thal Fund equates to approximately hall of the market valuation of investments at 31 March 2025.
The Building Maintenance Fund records Lhe nel book value of items purchased under this heading in previous financial years, together with Ihe balance of transfers made in anticipation of probable work needed on Ihe building over the next 2 - 3 years. The Society owns a minibus used to transport Members lo and from various activities. The Vehicle Replacement Fund records the net book value of the minibus, together with sums set aside to purchase a replacement within the next 3 - 4 years. An essential service provided by the Society is the Resource Room, used to demonstrate Ihe equipment and devices available to help ihose with sight andlor hearing loss lead meaningful and independent lives. The Resource Centre Equipment Fund records Ihe balance remaining of the initial transfer after the purchase of demonslration equipmenl and will be used over Ihe nexl 12 - 24 monlhs. The Equipment Fund records Ihe net book value of items purchased under Ihis heading in Ihe year, together wilh the balance of any transfers made. The fund is to provide for replacement office and calering equipmenl over Ihe next 12- 24 months. For movements on these funds, see note 17.2. Restricled Funds shows income given to the Society for specific purposes, stated by the giver, as lisled in the Notes lo the Accounts 2.4b. Movement on restricted funds is recorded in note 17.3. The Trustees believe the reserves are more than adequate lo maintain the Society through any lurther period of shutdown for any reason. They are keeping the situation under review and will act to implement any changes that become necessary to ensure the continuation of the Charity. Total reserves at the end of the year were £840.082 (2024.. £885,648}, split belween the funds as: Unrestricted Fund £223,646., Designated Fund £609,267; Reslricted Fund £7,169. The level of Reserves held as langible assels are £216,967 {2024= £225,527}. Bournemouth Blind Society Annual Report and Accounts 2024125 Page 8
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS for the year ended 31 MARCH 2025 l. Plans lor Fulure Periods All of the services provided by the Society are lully opon to any blind or partially sighted person, together with those wilh a hearing loss. The largest part of future planning revolves around attracting more members for the Social Groups, clients for the support services offered. Volunteers to help run those groups and seNices and funding to help financially support Ihe Charity. The Society will continue to locus on the provision of services to Ihe blind and partially sighled community, with an emphasis on reaching out to more people. RNIB have estimated thal by 2030 there will be in excess of 17,500 visually impaired people living within the BCP Council area. Connecting with more of this group, providing seNices and activities that support and enable them is essenlial for Ihe growth of the charity. Being aware of local needs and provisions are an essential part of the development of Ihe charity and a full review of service provision against perceived and known need is taking place in 2025126. The BCP Adult Social Care team working with the sensory impaired now covers Bournemouth, Christchurch and Poole and it is anticipated thal the Community Support service will have to grow to cover the entire area. The number of referrals from Ihis source is currently very limited as Ihe BCP team is trying hard lo recruit lurther ROVI'S (Rehabilitation Oflicer for the Visually Impaired) to cover the larger area lal presenl there are only 2 ROVI'S for the whole area compared to 6 before the amalgamalion of local Councils}. Promoting the Resource Cenlre and Befriending Service will include communications with local optometristsloplicians, social prescribers, surgeries and care organisations as well as to Ihe general public will follow. The Trustees will work closely with the Chiel Executive to determine what the future provision of seNices will look like following the review and all scenarios that allow the Charity's objectives to be met will be explored. J. Trustees, Responsibilities in the Preparation ol Financial Slatements Company law requires the direclors of the charity (namely the Trustees) to prepare financial statements for each financial year. which give a true and fair view of the state of affairs of the company and of Ihe surplusldelicit of the company lor that period. In preparing those financial statements, the Trustees are required lo: select suitable accounting policies and then apply them consistently; make judgements and eslimates that are reasonable and prudent; prepare the financial statemenls on Ihe going concern basis unless it is inappropriate to presume Ihal the company will continue in business. The Board ol Trustees is responsible tor keeping proper accounting records which disclose, with reasonable accuracy at any time. the financial position of the company and to enable them lo ensure that the financial slatements comply wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection ol fraud and other irregulaiities. K. Accountants For the year under review, the Trustees have chosen lo apply the statutory requirement for an Independent Examinalion. TC Group has been appointed as Independent Examiners for Ihe year to 31 March 2025. Bournemouth Blind Society Annual Report and Accounts 2024125 Page 9
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTOR8 for the year ended 31 MARCH 2025 L. Method of Preparation of Accounts This report has been prepared in accordance wilh the Charities Slatement of Recornmended Praclice IFRS 102) and in accordance with the special provisions of Part 15 01 the Companies Act 2008 relating to small charitable companies. This report was approved by the Board on 23fd June 2025. Madeleine Avis Chair of Trustees Bournemouth Blind Society Annual Report and Accounts 2024125 Page 10
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Independent Examiner's Report to the trustees of Bournemoulh Blind Sociely I report on the accounts of the charity for the year ended 31 March 20£5, which are set out on pages 12 to 27. Respective responsibilities of trustees and examiner The trustees, who are also directors of Bournemouth Blind Society lor the purposes of company law, are responsible for the preparation of the accounls in accordance with the requirements of the Companies Act 2006. The Irustees consider than an audit is not required for this year under section 144(2} ol the Charities Act 2011 and Ihat an independent examination is needed. Having satisfied myself that the charity is not subject to audit under Part 16 of the Companies Act 2006 and is eligible for independenl examination, it is my responsibility to- examine the accounts under section 145 of 2011 Act lo follow the procedures laid down in the General Directions given by the Charity Commission under section 14515}Ibl of the 2011 Act- and to state whelher particular malters have come to my attention. Basis ol independent examiner's report My examination was carried out in accordance wilh the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison ol the accounls presented with those records. It also included consideration of any unusual items ol disclosures in the accounts and seeking explanalions from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounls present a 'true and fair view, and the report is limited lo Ihose matters sel out in the next stalement. Independenl examlner's slatement In connection with my examination, no other matter except that referred to in the previous paragraph has come to my atterltion: which gives me reasonable cause lo believe Ihal in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of 396 of Ihe Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; have not been met or to which, in my opinion, attention should be drawn in order to enable a proper understanding ol the accounts to be reached. Dean Pullen FCCA For and on behalf of TC Group t/71 LC 10 Bridge Street Christchurch Dorset BH23 1 EF Dated.. Bournemouth Blind Society Annual Report and Accounts 2024125 Page11
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Statement ol Financial Aclivilies for the year ended 31 March 2025 SUMMARY INCOME AND EXPENDITURE ACCOUNT Unrestricled Designated Restricted Funds Funds Funds Total 2024125 Total 2023124 Notes Income and endowments frorn: Donations and legacies Charitable activities Other trading activilies Investments Total 2.113 16,015 21,523 60,640 17,164 115,342 16,015 47,469 60,640 17,164 141,288 13,904 47,275 57,319 16,336 134,834 25,946 25,946 Expenditure on: Raising Funds Charitable Activities Other Total 2.216 5,220 112,059 6,233 123,512 5,220 185,315 12,478 203,013 4,819 173,485 12,427 190,731 10,286 3,551 13,837 62,970 2,694 65,664 Net income/{expenditure) betore net gainsl (losses) on investment assets 18.170) 113,837) {39,7181 {61 ,725) {55,8971 Net gainsl{lossesl on investment assets 8,080 8,079 16,159 35,895 Net incomel(expenditure) 1901 {5,7581 (39,7181 {45,5661 (20,002) Transfers between funds 17.4 {58,6421 16,974 41,668 Other recognised gainsl(loses) Net Movement In Funds for the year {58,7321 11,216 1,950 145,5661 (20,002} Reconciliation Of Funds Total Funds brought forward at 1 April 2024 282,378 598,051 5,219 885,648 905.650 Total Funds carried fonNard at 31 March 2025 223,646 609,267 7.169 840,082 885,648 Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The noles on pages 14 to 27 form part of these financial statemenls. Bournemoulh Blind Society Annual Report and Accounls 2024125 Page 12
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AT 31 MARCH 2025 Unrestricted Designated Restricted Funds Funds Funds Total 2024125 Total 2023124 Notes Fixed Assets Tangible Assels Investmenls 10 216,967 365,233 582,200 216,967 569,398 786,365 225,527 544,521 770,048 204,165 204,165 Current Assets Slocks Debtors Cash at Bank and in Hand 12 13 15 155 7,382 16,583 24,120 6,446 2,895 6,601 10,277 43,650 60,528 6,528 5,640 109,364 121,532 27,067 27,067 9,341 Current Liabilities Creditors- amounts falling due within 1 year 14 4,639 2,172 6,811 5,932 Net Current Assets 19,481 27,067 7,169 53,717 115,600 Total assets less eurrenl liabillties 223,646 609,267 7,169 840,082 885,648 Total net assets or liabilities 223,646 609,267 7,169 840,082 885,648 Funds of the Charity Unrestricted Funds Designaled Funds Restricted Funds Total Funds 17.1 17.2 17.3 223,646 223,646 609,267 7,169 840,082 282,378 598,051 5,219 885,648 609,267 7,169 7,169 223,646 609,267 The directors are satisfied that that the company is enlitled to exemplion from the requirement to obtain an audit under section 477 of the Companies Act 2006 and Ihat members have nol required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge Iheir responsibilities lor complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These financial stalemenls have been prepared in accordance with Ihe special provisions of Part 15 of the Companies Act 2006 relating lo small charitable companies and in accordance with FRS102 SORP. Approved by the Directors on 23rd June 2025 and signed on their behalf by Dr. Rodney Cooper, Director Bournemouth Blind Society Annual Report and Accounts 2024125 Page 13
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notps to the accounts for the year ended 31 March 2025 1. BASIS OF PREPARATION 1.1 Basis of accounting The accounts have been prepared under the historical cost convenlion wilh items recognised al cost or transaction value, as modified by tlie revaluation of investments, and include Ihe results of the charity's operations which are described in the Directors, and Trustees, reports and all ol which are conlinuing. All amounts are shown in pounds sterling. The charity is a public benefit entity as defined by FRS102. The Financial Statements have been prepared in accordance with- Ihe Companies Acl 2006; the Statement of Recommended Praclice ISORPI.. Accounting and Fleporting by Charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Flepublic of Ireland (FRS 102}, issued on 16 July 2014., the Financial Reporting Standard applicable in the UK and Republic ol Ireland {FRS 1021 as applied from 1 April 2015; the Charities Act 2011. 1.2 Going Concern There are no material uncertainties related to events or conditions that cast any significanl doubt on the charity's ability to continue as a going concern. Given the currenl level of reserves the Trustees are of the opinion Ihat the Charity has sufficient resources and as such the financial statements have been prepared under the going concern basis. 1.3 Changes lo accounting estimates No changes to accounting estimates have occurred in the reporting period. 1.4 Material prior year errors No material prior year errors have been idenlified in the reporling period. 2. ACCOUNTING POLICIES 2.1 Income a.) Recognition of income All incoming resources are included in the Statement of Financial Activities when.. the charity becomes legally entitled to the resources., the Directors have sufficient certainty they will receive the resources; and the monetary value can be quantified with reasonable accuracy b.> Offselling Where incoming resources have relaled expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross. Further, there has been no offselling of assets and liabililies c.) Grants and donations Grants and Donations are only included in the Statement of Financial Activities when the charity has unconditional entitlement to the resources. d.) Legacies Legacies are included in Statement of Financial Activities when receipt is probable, Ihat is.. when there has been grant of probate- the executors have established that there are sullicienl assets in the eslate and any conditions attached to the legacy are either within the control of the charity or have been met. e.) Government grants The charity has received a local government grant during ihe year. See nole 4. f.) Tax reclaims on donations and gifts Gill Aid receivable is included in i ncome when there is a valid declaration from the donor. Any Bournemoulh Blind Socieiy Annual Report and Accounts 2024125 Page 14
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 Gift Aid amounl recovered on a donalion is considered lo be part of that gift and is trealed as an addition to the same fund as the inilial donation unless Ihe donor or the lerms of Ihe appeal have specified otherwise. g.) Contractual Income and perlormance related grants This is only included once the charity has provided the related goods, or services have been delivered. h.) Donated goods Donated goods are measured at fair value (the amount forwhich the asset could be exchanged) unless impractical to do so. Goods donated for distribution to beneficiaries are measured at fair value at the time of receipt. In the reporting period in which Ihe stocks are distributed, they are recognised as an expense at the carrying amount of the stock at distribution. i.) Donaled Services and Facilities Donated services and facilities are only included in incoming resources {wilh an equivalent amount in resources expended when the service or facility is consumed immediately} where the benefit to the charity can be measured reliably. The value placed on Ihese resources is the estimated value to the charity of the service or facility received. j.) Volunteer Help The value of any voluntary help received is not included in the accounts but is described in note 5 to the accounts. k.) Income from interest and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. l.) Investment gains and losses This includes any realised and unrealised gains and losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 2.2 Expenditure and Liabilities a.) Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligalion can be measured with reasonable certainty. Expenditure is accounted for on an accruals basis and has been classified under headings thal aggregate all costs related to Ihe category. Where cosls cannot be directly attribuled to particular headings they have been allocated to activities on a basis consistenl with Ihe use of resources. b.) Governance and support costs Support costs include cenlral functions and have been allocated to activity cost categories on a basis consistent wilh the use of resources, e.g. allocating property costs by floor areas. or per capita, statt costs by the time spenl and other cosls by their usage. c.) Redundancy cost The charily made no redundancy paymenls during the reporting period. d.) Deferred income No material ilem of deferred income has been included in the accounts. e.) Creditors The charity has creditors which are measured al selllemenl amounts less any trade discounts. Bournemoulh Blind Society Annual Report and Accounts 2024125 Page 15
BOIJRNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 f) Value adaed tax Value adoed tax is not recoverable by ihe charity and as such is included In the relevant costs in tb,e Statemenl of Financial Aclivities. 2.3 Assets a.) Tangible Fixed Assels These are capitalised if they can be used for more Ihan one year and cost at least £500. They are valued at cost or, if gitled, at the value to the charity on receipt. The Trustees believe that a more accurate picture of assels used is gained by depreciating assets over a given number ol years. Rates and methods used are disclosed in nole 10 b.) Inveslments Fixed asset investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at fair value {Iheir markel value) al Ihe year end. Cumulative unrealised gains on investmenls are taken to revaluation reserves. c.) Stock Stock consists ol goods for resale in order to raise funds to further the Charity's objectives and is measured at net realisable value based on Ihe service potential provided by ilems ol stock. d.) Debtors Debtors (including trade debtors) are measured on initial recognition al settlement amount after any Irade discounts. Subsequenlly, they are measured al the cash or other consideration expected lo be received. e.) Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change of value. 2.4 Other Accounting Pollcles a) Taxation Bournemouth Blind Society is not liable for corporation tax by reason of its charitable objects and stalus. b.) Restricted Funds The restricted funds represent monies given for specific purposes. The Trustees have identified the following services as being in receipt of restricted lunds= Sight and Hearing Resource Centre sales in the Resource Centre. Community Support Service- supported by a grant from BCP Council. Emotional Support Services- donations given by clients specifically toward the cost of the service. Befriending Services service. supported by a grant from BCP Council and donations given by clients specifically loward the cosl of the Movements on Reslricled Funds are shown in note 17.3. c.) Unrestricted and Designated Funds The unrestricted funds ol the charity represent the accumulaled reserves of Ihe charity which are available lor use al the discrelion ol the trustees to furlher the objects ol the charity- The designaled funds are unrestricted funds and represent monies sel aside by the Truslees for specific purposes. Movements on the Designaled Funds are shown in note 17.2. Bournemoulh Blind Society Annual Report and Accounts 2024125 Page 16
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 3. Analysis ol Income and Endowments 3.1 Income and Endowmenls 2024125 Unrestricted Designated Restricted Funds Funds Funds Tolal 2024125 a.) Donations and Legacles Donations and Gilts Gift Aid Legacies Friends of the Society 13.375 1,745 33 862 16,015 13,375 1,745 33 862 16,015 b.) Charitable Aclivities Befriending Services Canteen Sales Emotional Support Services Leisure Activities & Evenls Local Government Grant Sensory Loss Resource Centre Sales Transport 150 150 12,649 470 2,797 23,000 2,326 6,077 47,469 12,649 470 2,797 23,000 2,326 6.077 21,523 25,946 c.) Other Trading Activities Fund Raising Room Hire 12.895 47,745 60,640 12,895 47,745 60,640 d.) Investment Income Interest Income Dividend Income 1.450 15,714 17,164 1,450 15,714 17,164 Bournemouth Blind Sociely Annual Report and Accounts 2024125 Page 17
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the acrounts lor the year ended 31 March 2025 3.2. Income and Endowments 2023124 Unrestricted Designated Restricted Funds Funds Funds Total 2023124 a.) Donations and Legacies Donations and Gifts Gift Aid Legacies Friends of the Society 11.634 846 512 912 13.904 11,634 846 572 912 13.904 b.) Charilable Activities Befriending Services Canteen Sales Emotional Support Services Leisure Aclivities & Events Local Governmenl Granl Sensory Loss Resource Cenlre Sales Transport 160 160 11,144 345 2,391 23. 000 3,585 6,650 47,275 11.144 345 2.391 23,000 3,585 6.650 20. 185 27,090 c.) Olher Trading Activities Fund Raising Room Hire 11.649 45.670 57.319 17,649 45,670 57,319 d.) Inveslmenl Income Interest Income Dividend Income 2. 052 14.284 16.336 2, 052 14,284 16,336 Bournemouth Blind Society Annual Report and Accounls 2024125 Page 18
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 4. Analysis of Receipts of Governmenl Grants The charity received a single local government granl from BCP Council for the provision ol a Sight and Hearing Resource Centre and a Community Supporl service under a Service Level Agreement. 2024125 2023/24 Provision of Sighl & Hearing Resource Centre and Community Support Service 23,000 23,000 Total 23,000 23,000 5. Donated Goods. Facilitles and Services The accounting policies for the recognition and valuation ol donaled goods, facilities and services are set oul in notes 2.1 h and 2.1 i. No seconded stafl or property was provided lo the charity. No other donated goods or services were received during the year (2023124 £0). Bournemouth Blind Society also benefits from the hours given each week by unpaid volunteers. Volunteers. roles include befrienders, activity assistanls, guiders, Resource Centre assistants and fundraisers. During the year lo 31 March 2025 the time given by volunteers averaged at 88 (2024.. 881 hours per week. Evalualed al the National Living Wage rate lor Ihe year under review, the total lime given by the volunteers equates to £50,015 12024: £45,556). The contribution of unpaid volunleers has not been recognised in the accounts. Bournemoulh Blind Socieiy Annual Report and Accounls 2024125 Page 19
BOURNEMOUTH. BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 6. Analysis ol Expenditure - 6.1 Expenditure 2024125 Unreslricled Designaled Funds Funds Reslricted Funds Total 2024125 a.) Raising Funds Fund Raising Costs 5,220 5,220 5,220 5,220 b.) Charilable Activities Canteen Costs Cleaning Costs Emotional Support Services Depreciation Expense Leisure Activities Minibus Costs Printing Postage & Stalionery Property Maintenance Repairs & Mainlenance ol Equipment Salaries & Staff Cosls Sensory Loss Resource Centre Subscriptions Telephone Costs Travel Costs Ulility Costs 10,117 1.124 10,117 1,184 342 10,286 1,208 2,993 2,378 1,644 4,942 135,607 1,410 316 2,004 762 10,122 185,315 60 342 10,286 1,208 2,993 1,189 822 2,471 83,433 1,189 822 2,471 52,174 1,410 94 1,002 630 2,776 62,970 222 1,002 132 7,346 112,059 10,286 c.) Other Bank Charges Independenl Examinalion Fees Insurance Costs Investmenl Management Charges Legal & ProfessiorFal Fees 185 960 1,445 3,551 92 6,233 185 960 1,445 370 1,920 2,890 7,102 196 12,478 3,551 104 2,694 3.551 Bournemouth Blind Society Annual Report and Accounts 2024125 Page 20
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ei)ded 31 March 2025 6.2. Expenditure 2023124 Unrestricted Designated Funds Funds Restricted Funds Total 2023124 a.) Raising Funds Fund Raising Costs 4.879 4.819 4,819 4,819 b.) Charitable Aclivities Canteen Cosls Cleaning Costs Emotional Support Services Depreciation Expense Leisure Activilies Minibus Costs Printing Postage & Stationery Property Maintenance Repairs & Maintenance ol Equipment Salaries & Statt Cosls Sensory Loss Resource Centre Subscripiions Telephone Costs Travel Costs Utility Costs 9.238 1.064 9,238 1,114 444 9, 763 1, 106 2,997 2,648 2,413 6,664 124,448 1,778 228 2,014 957 7,673 173,485 50 444 9, 763 1. 106 2.997 1.488 400 3.332 75.075 1, 160 394 3,332 49.373 1,546 62 1,007 848 1,992 60,208 1,619 232 166 1.007 109 5.681 101.663 11,614 c.) Other Bank Charges Independenl Examination Fees Insurance Costs Investment Management Charges Legal & Professional Fees 207 930 1,565 3.389 98 6.189 207 930 1,565 414 1,860 3, 130 6, 778 245 12,427 3,389 147 2,849 3,389 Bournemouth Blind Society Annual Report and Accounts 2024125 Page 21
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 7. Fees for the Examination ot +he Accounts The surplus of income over expenditure is staled after providing for the following fees: 2024125 2023/24 Independent examiner's Fees 1,920 1,920 1,860 1,860 Total 8. Paid Employees 8.1 Staff Costs 2024125 2023/24 Salaries and wages Social security costs Pension costs Idelined conlribution plan) Other employee benefits 129,062 4,233 2,312 119.592 2, 799 2,057 Total 135,607 124.448 No employees received employee benelits (including employer pension costs) for the year of more Ihan £60,000. Key management personnel received employee benefits of £46,507 (2024: £42.227} during the year. The holiday year is aligned with Ihe financial year. At 31 March 2025 there were no holiday pay accruals lo carry forward12024 £0). There were no redundancy or ex-gratia payments made during the year (2024: £0) 8.2 Average head counl in the year The parts of the charity in which the employees work 2024125 Number 2023/24 Number Fundraising Charitable Activities Governance Other Total 9. Defined Contribution Pension Scheme The charity started a slakeholder pension scheme with NEST, which is a defined conlribution pension scheme. on 1 January 2017 and is Pension Compliant. An amount of £2,31212024:£2,057) is recognised in the Statement of Financial Activities as the charity s conlribution lo the scheme. The Society made the minimum contribution of 3°/. Ihroughout the year. The contribution is allocated between restricted and unrestricted funds according to Ihe main role of the employee concerned. The conlributions made for the employee who is primarily employed under the banner of Governance is shared equally between restricted and unrestricted funds. Bournemouth Blind Society Annual Report and Accounts 2024125 Page 22
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 10. Tangible Flxed Assets 10.1 Cosl or valuation Freehold Motor Property Vehicles Fixtures, Filtings & Equipment Total Cost at 01 April 2024 Additions Disposals Cost at 31 March 2025 206,376 35,923 92,221 334,520 1,726 1,726 206,376 35,923 93,947 336,246 10.2 Depreciation Freehold Motor Property Vehicles Fixtures, Fittings & Equipment Total Straight Line O°/0 Straighl Line 20°/. Straight Line 25°/ Basis Rate Depreciation at 01 April 2024 Charge Disposals Depreciation at 31 March 2025 35,923 73,070 108,993 10,286 10.286 35,923 83,356 119,279 A zero rate of depreciation is charged to freehold property as Ihe property is maintained to such a standard that the estimated residual value is not less than cost. 10.3 Net book value Freehold Motor Property Vehicles Fixtures, Fittings & Equipment Total Net Book Value at 01 April 2024 206.376 19, 151 225,527 Net Book Value at 31 March 2025 206,376 10,591 216,967 Bournemouth Blind Society Annual Report and Accounts 2024125 Page 23
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 11. Investmenl Assets Treasury Stock Shares & Cash Investment Trusts Total Markp.t Value al 01 April 2024 Addilions at cosl Disposal proceeds GainsllLossesl Markel Value at 31 March 2025 34,883 54,501 455,137 544,521 48,903 48,903 40,185 11,445 16,159 515,485 569,398 34,961 78 5,224 4,636 53,913 12. Stocks Stock for resale Slock for resale Fundraising Activities Bar Stock: Charitable Activities - Resource Centre: Opening Stock al 01 April 2024 Added in period Expensed in period Impaired Closing Stock at 31 March 2025 6,350 1,506 1,410 178 464 487 6,446 155 13. Debtors and Prepayments Unrestricled Designated Restricted Funds Funds Funds Total 31 Mar 25 Total 31 Mar24 Trade debtors Prepayments and accrued income 270 7,112 7,382 270 10,007 10,277 2,895 2,895 5.640 5,640 14. Creditors and Accruals Total 31 Mar 24 Unrestricled Designated Restricted Funds Funds Funds Total 31 Mar 25 Trade creditors Accruals Taxation and social security 67 3,484 1,088 4,639 67 1,318 787 134 4,802 1,875 6,811 31 4,226 1,675 5.932 2,172 Bournemouth Blind Society Annual Report and Accounts 2024125 Page 24
.BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 15. Cash at Bank and In Hand Unrestricted Designated Restricled Funds Funds Funds Total 31 Mar 25 Total 31 Mar24 Cash at Bank Petty Cash 16,043 540 27,067 43,110 540 108. 824 540 16,583 27,067 43,650 109,364 16. Events After the End of the Reporting Period There were no events after the reporting period that require adjustment of Ihe accounts. 17. Chariiy Funds 17.1 General Funds General Funds include a Revaluation Reserve amounting to £26,270 {2023124: £35,845). 17.2. Designated Funds The designated funds are unrestricted funds and represenl monies set aside by the Trustees for specific purposes. Balance 31 Mar 24 Gainsl (Losses) Balance 31 Mar 25 Expendilure Transfers Capital Fund Continuity ReseNe Fund Building Mainlenance Fund Vehicle Replacement Fund Resource Centre Equipment Fund Equipment Fund 206,376 264,968 69,312 50,000 4,769 2,626 598,051 206,376 284,699 59,923 50,000 4,769 3,500 609,267 8,079 3,551 9,389 15,203 897 13,837 1,771 16,974 8,079 The balance on the Capital Fund is the book value of the Freehold Property, as explained in the Director's report (section HI. The Continuity Reserve Fund, which includes a Revaluation Reserve amounting to £26,270 {2023124= £35,845), is approximately half the value ol the Investments held at year end. The balance in the Building Maintenance Fund represents the net book value of ilems boughl under this heading, plus sums set aside for anticipated property upkeep over the next 2 years. £30.534 is held as investmenls, £20,000 held as cash and £9,389 in assets. The balance in the Vehicle Replacement Fund is the net book value of the minibus {£OI, plus £50,000, held as investments, toward a replacemenl vehicle within the next 3 - 4 years. The balance in Ihe Resource Centre Equipment Fund is the balance of sums set aside lo update and upgrade the demonstration equipmenl held in the Resource Centre over the next 2 years. This fund is held in cash The balance in the Equipment Fund represents the net book value of items boughl under this heading, plus sums set aside for anticipated replacement off ice andlor catering equipment over the nexl 1 2 years. This fund is held as cash plus assets 17.3. Reslricted Funds The Truslees have identified four services as being in receipl of restricted funds. The services provide: Resource Centre - This is an on-site centre for individuals to visit and view/try out gadgets and technology to enhance the life of those with a visual andlor hearing impairmenl. Community Support - Designed to help people with a visual impairment adapt their living Styles Bournemoulh Blind Society Annual Report and Accounls 2024125 Page 25
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year endpd 31 March 2025 lo remain independent in their own home. This may be as simple as requesling large print utility bills through to organising simple home adapiations. Most referrals come from BCP Council Adull Social Care. Emotional Suppori - Many who lose their sight find it diff icull lo come to terms with Ihe resulting emolional changes in their life. This service is provided by a qualilied counsellor who helps the individual on their journey to acceptance. This is a free service to any person with sight loss, but donations are invited. Befriending - A service offered to any visually impaired person who lives alone, with little human interaction. Many service users are housebound and simply need company lor an hour or so each week. The service is provided by volunteers and income is made up ol donalions. Movements on the individual restricted funds during the year were: Balance 31 Mar 24 Income Expendilure Transfers Balance 31 Mar 25 Resource Centre Community Support Emotional Support Services Befriending Service 5,219 13,826 11,500 470 150 25,946 32,912 18,069 13,622 1,061 65,664 20,210 6,963 13,584 911 41,668 6,343 394 432 5,219 7.169 The balance in the restricted funds represents currenl assets {cash, slock and debtors) held as a result of transactions outstanding at the end of the financial year, less the liabilities incurred by the same funds outslanding at year end. Expenses are split between unrestricted and restricted funds as follows.. Specific costs 1000/0 to relevant department Staff Costs Allocated by main work department and 50.50 for senior manager Utilities 75'.25 Other costs 17.4 Transfers between funds 2025 Unrestricted Designated Restricted Funds Funds Funds Transfers between Funds were made as follows: Unrestricted to Restricted deficit lor the year Unrestricted to Designaled additionsldisposals ol investments Unreslricted to Designated provisions amended in year {41,6681 {15,2031 1 ,771 58,642 41,668 15,203 1,771 16,974 41,668 2024 Unrestricted Designated Restricted Funds Funds Funds Transfers between Funds were made as follows.. Unrestricted to Reslricled deficit for the year Unrestricted lo Designated additionsldisposals of investments Unrestricted to Designated provisions amended in year (36.986) (3.661) 10,000 50,647 36, 986 3,661 10,000 73,661 36.986 Bournemouth Blind Society Annual Report and Accounts 2024125 Page 26
BOURNEMOUTH BLIND SOCIETY Co. No. 05792657 (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for the year ended 31 March 2025 18. Transactions with Trustees and Related Parties 18.1. Trustee remuneratlon and benefits Nune of the trustees have been paid any remuneration or received any olher benefits from an employment wilh the charity or a related entity. 18.2 Trustees. expenses No Iruslee expenses have been incurred. 18.3. Transactions with Related Parties No Trustee received any direct or indirect financial benefit from any Iransactions undertaken by the Charily. During the year £nil12024.' £nill was donated to the chariiy by Truslees. Bournemouth Blind Society Annual Report and Accounts 2024125 Page 27