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2022-03-31-accounts

Registered number:05309978 Charity number: 1118076

VISION CARE FOR HOMELESS PEOPLE LIMITED

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS For the Year ended 31 March 2022

Vision Care for Homeless People Limited

Contents Page
Reference and administrative information 1
Trustees’ Report 2
Independent examiner’s report 9
Statement of financial activities 10
Balance Sheet 11
Notes to the financial statements 12

Vision Care for Homeless People Limited Reference and Administrative information

Trustees
Company registered number
Charity registered number
Registered office
Bankers
Independent Examiner		 Elaine Catherine Styles
Harinder Singh Paul
Charanjit Bharj
Janice English
Robert Greene
Aubrey Ayoade
Ian Catlin
Anthony Blackman
Moses Soussis
Emma Low (appointed 20thJuly 2021)
05309978
1118076
C/o Crisis Skylight
66 Commercial Street
London, E1 6LT
Lloyds Bank
Kensington High Street Branch
Anthony Epton
Goldwins Limited
75 Maygrove Road
West Hampstead
London NW6 2EG
www.goldwins.co.uk

1

Vision Care for Homeless People Limited

Trustees’ Report

Year ended 31 March 2022

Trustees’ Report

Governance

Vision Care for Homeless People was incorporated as a Company Limited by Guarantee on 10[th] December 2004 and registered with the Charity Commission 22nd February 2007. The charity is controlled by its governing document, memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

New Directors are recruited through Retired Executives Action Clearing House among other sources, following a review of skills requirements within the Board and the charity as a whole. They visit a clinic, meet volunteers and staff and are interviewed by existing Directors. New trustees are given induction information and are supported in their new role by the Chair, other Trustees and the General Manager. Terms of office are for three years and Directors retire in rotation.

Management:

The Board has three subcommittees:

The day-to-day management of the charity is delegated to the General Manager, who reports to the Board. An Executive Team comprising Chair, Treasurer and General Manager meet between trustee meetings. Staff and volunteers are led by the General Manager.

The governance processes for local branches include:

Public Benefit Statement:

In accordance with the Charities Act 2011, Vision Care for Homeless People is required to confirm that the activities it undertakes to achieve its objectives are all carried out for the public benefit as described by the Charity Commission.

The beneficiaries of the charity are members of the public who are in need because of homelessness and associated issues. Through its activities, Vision Care for Homeless People seeks to reduce the eye health inequality faced by people experiencing homelessness by delivering the eye care and spectacles they require. Through high calibre research and evaluation projects, combined with effective lobbying,

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Vision Care for Homeless People Limited

Trustees’ Report

Year ended 31 March 2022

Vision Care for Homeless People aims to facilitate substantial improvements in eye care for homeless people.

The Trustees have described in this report the charitable public benefit of our activities. The Trustees regularly review Vision Care for Homeless People’s progress against its aims and objectives and confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Charity Commission.

Risk management :

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Through the Finance and HR subcommittee, the Trustees regularly review the major risks that the charity faces. For identified risks, systems have been established to take necessary steps to manage those risks. Trustees can provide reasonable assurance that the major risks to which the charity is exposed have been reviewed and systems established to mitigate those risks.

Reserves policy:

Trustees have reviewed their reserves policy, in the light of an ongoing reduction in NHS income since the pandemic and with a view to their plans to increase the number of clinics and services the charity provides. The trustees now aim to maintain free reserves in unrestricted funds at a level which equates to approximately nine to twelve months of charitable expenditure. The trustees consider that this level is sufficient given the anticipated levels of income generated from the NHS, charitable grants and donations and their relative risk profiles.

We will work to maintain the reserve targets without in any way compromising the pressing charitable activities that we are committed to undertake. The trustees review reserves on a regular basis and take into account the level of income and expenditure and other on-going commitments. Reserves in excess of 6 months of anticipated General Operating costs are maintained in liquid form in a deposit account. Further reserves are on deposit to gain a higher interest rate. These accounts are reviewed by trustees periodically.

Vision

The vision of the charity is:

We want homeless and vulnerable people to receive the eye-care and spectacles they need.

Over the next five years we will ensure that 40% of people who are homeless, either street sleepers or those in temporary hostels and shelters in England, are receiving eye-care every two years.

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Vision Care for Homeless People Limited

Trustees’ Report

Year ended 31 March 2022

Objectives

The objective of the charity is to preserve, protect and promote the ocular health of homeless and vulnerable people in the UK who are unwilling or unable to access mainstream services available through the NHS. We include screening of ocular health and the provision of spectacles that meets the immediate visual needs of our beneficiaries.

During the year, Directors focused the charity’s work on 8 supporting objectives, which are:

GOVERNANCE AND REPORTING - Our board, committees and managers efficiently manage resources using up to date and accurate operational, financial and performance data.

FINANCE SYSTEMS - Our finance and administration systems are simple, efficient, clear and robust from procurement to audit.

OPERATIONS - Our clinics are run with care, are effective and all procedures are consistently practised.

IDENTIFY AND MEET NEEDS - By identifying and understanding unmet eye care needs amongst the homeless & vulnerable, we open two new sustainable eye services a year, whilst maintaining existing services.

VOLUNTEER MANAGEMENT - Our many volunteers feel valued, develop their skills and experience, and make a significant long-term impact on all aspects of our work.

COMMISSIONING AND FUNDING - By active implementation of our innovative fundraising strategy we recruit many new funding partners each year and make a surplus, which we invest in growing the charity.

CHAMPIONING EYE CARE - We champion the cause of equitable eye care for homeless and vulnerable people.

PROFILE AND PR - We have local and national recognition as both excellent and worthwhile from a

burgeoning number of individual supporters and advocates.

4

Vision Care for Homeless People Limited

Trustees’ Report

Year ended 31 March 2022

Chair’s Report

Our mission statement:

“Vision Care for Homeless People” is a charity set-up to provide eyecare services to homeless people in an environment in which they feel welcome and comfortable.

Our aims:

We aim to preserve, protect and promote the ocular health of homeless and vulnerable people in the UK who are unwilling or unable to access mainstream services available through the NHS. We include screening of ocular health and the provision of spectacles, that meets the immediate visual needs of our beneficiaries.

Our aspirations:

Our aim is to expand this service nationwide in all the major cities, so we can make a difference to as many homeless and vulnerable people as we can. We are actively working towards that.

Introduction:

Thank you to everyone for your continued support of the charity... and a special thank you to those of you who volunteer with us. You are vital to the service we offer to homeless people. You work in our clinics, testing, dispensing or assisting. You are members of the Branch Lead Teams which look after those clinics. You help us develop new ideas and run special projects. You do sponsored events and fundraise for the charity. Thank you all.

We describe ourselves as a volunteer led charity. We want our volunteers to both have a good experience from their involvement and gain experience that will be useful to them. Our Branch Teams are a great place to develop leadership and project management abilities. We have over 100 brilliant volunteers across our clinics supported by a small staff team.

We started the year with all our clinics closed due to Covid restrictions, but we were hard at work behind the scenes planning the processes, risk assessments, policies and equipment required to reopen our clinics safely. We had obtained the required PPE, trained our volunteers on how to use PPE and purchased purification units for each of the test rooms with a grant from Clothworkers Foundation. All our volunteers and staff received their vaccinations and were stocked up with Lateral flows for twice weekly testing.

General News:

May 2021 Back in the clinic in St George’s Crypt, Leeds today!

Optometrist Caroline and clinic assistant Kamila are familiarising themselves with our new computerised patient management system. No more record cards as our teams now have tablets - purchased from the student fundraising from Optoversity Challenge 2021!

June 2021 - A six-month Kick Start charity assistant was recruited to enable SalesForce onboarding, vetting and training for new and returning volunteers. They also carried out website work, updating Christmas Spectacle collateral and Student Shadowing project. A volunteer optometrist later took on

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Vision Care for Homeless People Limited

Trustees’ Report

Year ended 31 March 2022

this role of working with City University Optometry School to continue the student shadowing scheme, where students can attend a clinic and shadow an optometrist, with specific learning goals for each year group.

July 2021 welcomed Emma Low as a new trustee. Emma is a fundraising consultant who is a partner at small charity specialist agency, Nova Fundraising and has over 25 years’ experience of working in the not-for profit sector across a wide spectrum of causes including health and social welfare and the fields of women’s rights and international aid. Almost 20 years ago Emma was Head of Fundraising at Crisis and her commitment to supporting the homeless community has continued throughout her career.

Emma said “I was absolutely thrilled to be invited to join the trustee board at Vision Care for Homeless People. I have watched and supported their progress intently over the past few years. It’s fabulous to see what a huge impact they are having, bringing sight to homeless people across the UK. As someone who has been dependent on glasses (now contact lenses) since the age of 11, has a father with glaucoma and grew up with a granny limited by untreated cataracts, I recognise the importance of good eye-sight and can empathise with anyone who is optically challenged or who has failing eyehealth – let alone combined with the insecurity of having no home, sleeping rough or sofa surfing.

21st July 2021 One of the most exciting things to happen this year was the opening of our new Gloucester clinic. We formed by a partnership with the Gloucester Clinical Commissioning Group and the Gloucester Local Eye Health network. The CCG provided funding for one day a week New Clinic Development Manager for a year, plus £5,00 towards start up costs, and ongoing payment for nonNHS eligible patients for the 1st year of operation.

We were delighted to introduce Karen our clinic development manager for the Gloucester clinic: 'Hi All, I'm Karen Gennard, an Optometrist based in Gloucestershire. I have 20 years-worth of experience in the field and am currently based at Norville's Independent Eyecare in Cheltenham. Before this I had worked 10 years at Norville Opticians in Gloucester City Centre. I love working with the general public but I'm aware that for some people our services can be difficult to access, providing a high-quality service can be hard, and general funding to the homeless and vulnerable in society is an area that can be overlooked. Gloucestershire LOC have been working with Gloucestershire CCG to secure funding for VCHP to provide a clinic in the centre of Gloucester. This will be housed within the Homeless Healthcare team at the Rikenel Centre.”

October 2021 STEPPER EYEWEAR supports Leeds clinic with a generous donation supporting the Leeds Vision Care for Homeless People clinic with a donation of more than £7,000, announced on World Homeless Day (10th October). It follows STEPPER's generous financing of the Manchester clinic last year.

Peter Reeve, Managing Director of the eyewear company visited the clinic within St Georges' Crypt in Leeds last week and saw at first hand the valuable work which VCHP carries out. "The VCHP clinics are very well equipped and provide a professional service with a great team and we are delighted to be associated with them" said Peter, pictured here with 2 of the clinic volunteers.

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Vision Care for Homeless People Limited

Trustees’ Report

Year ended 31 March 2022

December 2021, Brighton College’s choir spread the message about reaching out to the local community with a moving version of “When I Needed A Neighbour”. They highlighted the need to reopen our Brighton clinic – which was forced to close at the start of the pandemic – the song inspired people to think about the 80% of homeless people have never had an eye examination.

We finally have the go ahead to open a new clinic in Stratford. This project has been in the pipeline for so long. It started prior to Covid lockdown and has been paused pending permissions since. We look forward to working with Doctors of the World and serving refugees, asylum seekers and migrants in the East of London.

Activities:

We have been gradually reopening our clinics and they have been a lot quieter due to lower numbers of patients attending to space them out for social distancing. Four of our clinics operated during the financial year: Leeds reopened on 13[th] April 2021, Skylight London reopened on 23[rd] June 2021, Manchester reopened 15[th] September 2021, and Exeter reopened on 4[th] February 2022. We carried out 404 eye examinations and dispensed 317 pairs of glasses of which 252 were single vision and 65 were bifocals.

The Crisis at Christmas Opticians and Eyecare Service, which we run in partnership with Crisis UK, restarted in December 2021. Due to the Coronavirus Pandemic, homeless people were being housed in hotels and for the Opticians Service we converted a hotel bedroom in Lancaster Gate into a wellequipped eye care clinic base. In addition, the volunteer teams took domiciliary kits loaned by the optical industry out to two other Crisis at Christmas centres. Overall, the Opticians Teams conducted 50 eye tests and dispensed 19 single vision spectacles, 7 bifocals and 24 ready readers. 17 guests were referred for further investigations or treatment.

Advocacy:

Due to Covid there was no further progress with advocacy as all NHS energies were understandably directed to the current critical crisis. We will resume our efforts to reduce the eye health inequality that homeless people face when the pandemic situation settles.

Plans for Future:

It is currently difficult to estimate the full future need as the current tough financial situation is driving an increasing number of people into crisis. VCHP is looking to significantly increase the number of its regional clinics.

We run clinics in seven cities across England so only meet a small percentage of the need for eye care for homeless and vulnerable people. Our vision is to ensure that 40% of homeless people in England are receiving eye-care every two years. To go some way towards achieving that, we plan to open many new clinics in homeless persons day centres. You can come and volunteer in one of our clinics or start building a team to open a clinic in your town or city.

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Vision Care for Homeless People Limited

Trustees’ Report

Year ended 31 March 2022

VCHP consider partnering with high street opticians to be important to help people experiencing homelessness to progress to mainstream services and to reach areas where numbers are too few to justify an in-house service. We have developed different models of how partnerships with high street opticians could operate. VCHP would like to test these models with potential partners like high street practices or domiciliary opticians.

Responsibilities of the Trustees

The trustees (who are also the directors of the company for the purpose of company law) are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable laws and regulations. Company law requires the trustees to prepare the financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice. The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including net income or expenditure. In preparing these financial statements the Executive Committee is required to:

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Charity and which enable it to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent examiner

We appointed Anthony Epton as our independent examiner.

Anthony Epton was re-appointed as independent examiner of the charity at the Annual General Meeting.

On behalf of the board

……………………

Elaine Styles Chair of Trustees

Date: 29/11/2022

8

Vision Care for Homeless People Limited

Independent Examiner’s Report

For the Year ended 31 March 2022

I report to the charity trustees on my examination of the accounts of the Company for the Year ended 31 March 2022.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in 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).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

…………………………………………………

Date: 6 December 2022

Anthony Epton BA, FCA, CTA, FCIE Goldwins Limited Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG

9

Vision Care for Homeless People Limited

Statement of Financial Activities Including Income and Expenditure Account Year ended 31 March 2022

Note
Income from:
Donations
3
Charitable activities
4
Investments
5
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
6
Net income / (expenditure) for the year
7
Transfer between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
13
Total funds carried forward		 Restricted Unrestricted
Total
Total
Funds
Funds
Funds
Funds
2022
2022
2022
2021
£
£
£
£
-
56,484
56,484
44,973
30,536
8,747
39,283
58,948
-
419
419
347
-
10,320
10,320
540
30,536
75,970
106,506
104,808
-
8,728
8,728
7,561
39,310
65,264
104,574
87,686
39,310
73,992
113,302
95,247
(8,774)
1,978
(6,796)
9,561
(4,514)
4,514
-
-
(13,288)
6,492
(6,796)
9,561
37,137
123,113
160,250
150,689
23,849
129,605
153,454
160,250

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.

10

Vision Care for Homeless People Limited

Balance Sheet

As at 31 March 2022

Note
Tangible fixed assets
10
Current assets:
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due
within one year
12
Net current assets
Net assets
Funds
13
Restricted funds
Unrestricted funds:
Designated funds
General fund
Total funds		 2022
£
14,938
186,483		 2022
£
3,130
150,324
153,454
23,849
129,605
153,454		 2021
£
1,041
163,954		 2021
£
5,414
154,836
201,421
(51,097)		 164,995
(10,159)
14,514
115,091		 10,000
113,113
160,250
37,137
123,113
160,250

For the financial year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

Approved by the trustees on 29 November 2022 and signed on their behalf by:

----- Start of picture text -----
……………………………….……
----- End of picture text -----

Elaine Styles Director Company registration no. 05309978

The attached notes form part of the financial statements.

11

Vision Care for Homeless People Limited Notes to the financial statements Year ended 31 March 2022

1 Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 - effective 1 January 2015) - Charities SORP (FRS 102) and the Companies Act 2006.

The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b) Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred. Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met.

d) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

12

Vision Care for Homeless People Limited Notes to the financial statements Year ended 31 March 2022

1 Accounting policies (continued)

f) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

g) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or specific projects being undertaken by the charity.

h) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

i) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support the charity and its activities. These costs have been allocated between the cost of raising funds and expenditure on charitable activities.

j) Operating leases

Rental charges are charged on a straight-line basis over the term of the lease.

k) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £500. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life on a straight-line basis. The depreciation rates in use are as follows:

Fixtures and fittings 33%
Clinic equipment (New) 20%
Clinic equipment (Second hand) 33%
IT Equipment (New) 33%
IT Equipment (Second hand) 50%

13

Vision Care for Homeless People Limited Notes to the financial statements Year ended 31 March 2022

1 Accounting policies (continued)

l) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

m) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

n) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third-party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

o) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

14

Vision Care for Homeless People Limited

Notes to the financial statements

Year ended 31 March 2022

2 Detailed comparatives for the statement of financial activities

3 Income from:
Donations
Charitable activities
Investment Income
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income / (expenditure) for the year
Transfer between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Income from donations
Donations		 Restricted
Funds
Unrestricted
Funds
2021
Total
£
£
£
-
44,973
44,973
50,218
8,730
58,948
-
347
347
-
540
540
50,218
54,590
104,808
-
7,561
7,561
56,657
31,029 87,686
56,657
38,590
95,247
(6,439)
16,000
9,561
(3,227)
3,227
-
(9,666)
19,227
9,561
46,803
103,886
150,689
37,137
123,113
160,250
Total
Total
Unrestricted Restricted
2022
2021
£
£
£
£
56,484
-
56,484
44,973
56,484
-
56,484
44,973		 Restricted
Funds
Unrestricted
Funds
2021
Total
£
£
£
-
44,973
44,973
50,218
8,730
58,948
-
347
347
-
540
540
50,218
54,590
104,808
-
7,561
7,561
56,657
31,029 87,686
56,657
38,590
95,247
(6,439)
16,000
9,561
(3,227)
3,227
-
(9,666)
19,227
9,561
46,803
103,886
150,689
37,137
123,113
160,250

15

Vision Care for Homeless People Limited

Notes to the financial statements

Year ended 31 March 2022

4 Income from charitable activities

ncome from charitable activities
NHS Contracts
Sir Halley Stewart Trust
29th May 1961 Charitable Trust
CAF Resilience Fund
Evan Cornish Foundation
Gwyneth Forrester Trust
Ian Askew Charitable Trust
Stepper UK Ltd.
Waitrose Community Matters
Big Lottery – Awards for All
Stepper UK Ltd (Leeds)
Clothworkers Foundation
Gloucester CCG		 Unrestricted
Restricted
Total
Total
2022
2021
£
£
£
£
8,747
-
8,747
8,730
-
-
-
9,942
-
-
-
1,500
-
-
-
19,747
-
-
-
5,000
-
-
-
15,000
-
-
-
500
-
-
-
7,611
-
-
-
333
-
-
-
(9,415)
-
7,152
7,152
-
-
5,400
5,400
-
-
17,984
17,984
-
8,747
30,536
39,283
58,948

5 Income from investments

Bank interest Unrestricted
Restricted
Total
Total
2022
2021
£
£
£
£
419
-
419
347
419
-
419
347

16

Vision Care for Homeless People Limited

Notes to the financial statements

Year ended 31 March 2022

6 Analysis of expenditure

Staff costs
Fundraising
Administration
Other costs
Independent Examination
Governance costs
Total expenditure 2022
Total expenditure 2021		 Cost of
raising
funds
Charitable
activities
Governance
Costs
£
£
£
7,192
74,369
689
1,536
-
-
-
17,485
-
-
11,056
190
-
-
785		 2022
2021
Total
Total
£
£
82,250
59,881
1,536
479
17,485
11,312
11,246
22,860
785
715
8,728
102,910
1,664
-
1,664
(1,664)		 113,302
95,247
8,728
104,574
-		 113,302
95,247
95,247
7,561
87,686
-

Of the total expenditure, £73,992 was unrestricted (2021: £38,590) and £39,310 was restricted (2021: £56,657).

7 Net income / (expenditure) for the year

This is stated after charging / (crediting): 2022 2021
£ £
Depreciation 3,051 6,033
Independent examination 648 600

17

Vision Care for Homeless People Limited Notes to the financial statements Year ended 31 March 2022

8 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:
Salaries and wages
Social security costs
Employer’s contribution to defined contribution pension schemes		 2022
2021
£
£
71,044
55,956
-
-
1,707
850
72,751
56,806

None of the employees received employee benefits (excluding employer pension) during the year over £60,000 (2021: None).

The total employee benefits including pension contributions of the key management personnel were £37,358 (2021: £28,900).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £0).

Trustees were not reimbursed any expenses during the year (2021: £13).

No charity trustee received payment for professional or other services supplied to the charity (2020: £0)

The average number of employees (headcount based on the number of staff employed) during the year was 5.75 (2021: 4.08), FTE 2.3 (2021: FTE 1.6).

9 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

18

Vision Care for Homeless People Limited

Notes to the financial statements

Year ended 31 March 2022

10 Tangible fixed assets

Cost
At the start of the year
Additions
Disposals
At the end of the year
Depreciation
At the start of the year
Charge for year
At the end of the year
Net book value
Brought forward
Carried forward		 Fixtures
Fittings
Total
£
£
37,974
37,974
767
767
-
-
38,741
38,741
32,560
32,560
3,051
3,051
35,611
35,611
5,414
5,414
3,130
3,130

All of the above assets are used for charitable purposes.

11 Debtors

11 Debtors
Contract income receivable
Prepayments
Total
12 Creditors: amounts falling due within one year
Other creditors and accruals
Taxation and social security
Deferred income
Total		 2022
£
2021
£
12,819
-
2,119
1,041
14,938
1,041
2022
£
2021
£
1,097
10,153
-
6
50,000
-
51,097
10,159

£50,000 deferred income in respect of a grant from Nationwide Community Foundation towards the cost of running services in London in FYE 2023 and FYE 2024.

19

Vision Care for Homeless People Limited

Notes to the financial statements Year ended 31 March 2022

13 Movements in Funds

Restricted funds
Pret Foundation
Dame Mary Perkins
Green Hall Foundation
Lions Chichester
Masonic Lodge Sussex
Hedley Foundation
Sir Hailey Stewart Trust
Evan Cornish Foundation
Gwyneth Forrester Trust
Stepper UK Ltd
(Manchester)
Stepper UK Ltd (Leeds)
Clothworkers
Gloucester CCG
Total Restricted Funds
Unrestricted Funds
Equipment Reserve
Dame Mary Perkins
General Funds
Total unrestricted funds
Total Funds		 At the
start of
the year
Income Expenditure
Transfers
At the end
of the year
£
£
£
£
£
165
-
(165)
-
-
4,514
-
-
(4,514)
-
520
-
(80)
-
440
1,480
-
(920)
-
560
1,980
-
(990)
-
990
1,390
-
(602)
-
788
6,867
-
(196)
-
6,671
3,691
-
(3,691)
-
-
11,234
-
(8,345)
-
2,889
5,296
-
(5,296)
-
-
-
7,152
(1,760)
-
5,392
-
5,400
(2,700)
-
2,700
-
17,984
(14,565)
-
3,419
37,137
30,536
(39,310)
(4,514)
23,849
10,000
-
-
-
10,000
-
-
-
4,514
4,514
113,113
75,970
(73,992)
-
115,091
123,113
75,970
(73,992)
4,514
129,605
160,250
106,506
(113,302)
-
153,454

20

Vision Care for Homeless People Limited Notes to the financial statements

Year ended 31 March 2022

Restricted Funds

Pret Foundation

In November 2016 the Pret Foundation made an award of £7,400 towards setting up the new Exeter Clinic. Part of the award was used for equipment purchase.

Dame Mary Perkins

In August 2017, Dame Mary Perkins donated £7,600 to underwrite the costs of fundraising events. In July 2021, Dame Mary unrestricted the balance.

Green Hall Foundation

In January 2019, the Foundation made a grant of £2,200 towards a field screener for eye tests in Shepherd’s Bush.

Lions Chichester

In February 2019, the Lions made a grant of £2,800 towards a field screener for eye tests in Shepherd’s Bush.

Masonic Lodge Sussex

In June 2018, the Lodge made a grant of £4,950 towards a field screener for eye tests in Brighton.

Hedley Foundation

In July 2018, The Trust made a grant towards glaucoma screening equipment for East London clinics and equipment covers for Birmingham.

Sir Halley Stewart Trust

In June 2019, The Trust made a commitment to £19,884 towards the Homeless Voices research project.

Evan Cornish Foundation

In April 2020, the Foundation made a grant of £5,000 towards the Leeds Clinic.

Gwyneth Forrester Trust

In April 2020, the Trust made a grant of £15,000 to pay for the post of Manager of Volunteer Operations to continue for a further year.

Stepper UK Ltd.

In April 2020, Stepper donated £7,611 towards the Manchester Clinic's running costs.

Stepper UK Ltd.

In April 2021, Stepper donated £7,152 towards the Leeds Clinic's running costs.

Clothworkers Foundation

In July 2021, the Clothworkers Foundation made a commitment to fund the purchase of air purifying units to help reopen clinics post covid.

Gloucester CCG

In July 2021, Gloucester CCG made a commitment of £33,450 over 1 year towards start up costs of a clinic, including a one day a week new clinic development manager (optometrist) and costs for homeless and vulnerable people not being served by NHS provision then added to the commitment in February 2022 with a further grant of £3,419 towards equipment and furniture.

21

Vision Care for Homeless People Limited

Notes to the financial statements

Year ended 31 March 2022

Unrestricted and Designated funds

Designated Equipment reserve

The equipment replacement fund has been designated towards optical diagnostic equipment within clinics.

14 Related party transactions

There are no related transactions to disclose for the year (2021: none).

22