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2023-03-31-accounts

Charity no. 1119462

Wiltshire Blind Association Report and Unaudited Financial Statements

31 March 2023

Wiltshire Blind Association

Reference and administrative details

For the year ended 31 March 2023

Charity number 1119462 Registered office St. Lucy's Sight Centre and operational Browfort address Bath Road Devizes Wiltshire SN10 2AT President The Marchioness of Lansdowne Trustees Trustees who served during the year and up to the date of this report were as follows: Rachel Farr Kayvan GhotbiRavandi appointed 2 November 2022 Nicholas Grinham Carl Hall Chair Simon Williams resigned 1 June 2022 Bankers CAF Bank Ltd The Co-operative Bank Kings Hill - Business West Malling PO Box 250 Kent Skelmersdale ME19 4TA WN8 6WT HSBC Bank Plc 45 Market Place Devizes Wiltshire SN10 1HZ

1

Wiltshire Blind Association

Reference and administrative details

For the year ended 31 March 2023

Independent Godfrey Wilson Limited examiners Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

2

Wiltshire Blind Association Report of the trustees

For the year ended 31 March 2023

The trustees present their report and the financial statements for the year ended 31 March 2023.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Constitution and the Statement of Recommended - Practice Accounting and Reporting by Charities (effective from January 2019).

About Wiltshire Blind Association

The charitable object of Wiltshire Blind Association is to promote the welfare of blind and partially sighted persons living in Wiltshire and Swindon.

The operating name for the charity is Wiltshire Sight.

Our aim is to ensure that everyone newly diagnosed or living with sight loss in Wiltshire and Swindon, including children and young people, have equal and timely access to the support and services they need.

We work with people affected by sight loss to help them navigate the often complex provision of services, joining up health, social care and community services.

Our strategy is defined by the views and needs of people with sight loss, and our services reflect what they identify as important to them.

Our outcomes

Those directly affected by sight loss (including children) in Wiltshire and Swindon will:

3

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

Families and carers of people affected by sight loss in Wiltshire and Swindon will have:

Local authorities, health service and other providers in Wiltshire and Swindon will be supported to:

Communities, businesses and the general public in Wiltshire and Swindon will have a:

4

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

Review of the year

Over the past five years we have been working in partnership with Sight Support West of England to deliver our services in Wiltshire and Swindon. This partnership has been very beneficial to the charity, firstly in reducing our overhead costs which enables us to spend more of our limited resources on essential services for our clients, and secondly enabling us to benefit from sharing and exchange of knowledge and good practice in the delivery of sight loss services across a larger region, including Bristol, Bath & N-E Somerset, and South Gloucestershire.

Wiltshire Blind Association remains an independent charity committed to providing high quality local services to blind and partially sighted people across Wiltshire and Swindon. The only change over the past five years is that our front-line services are being delivered through Sight Support West of England.

The 22-23 year has been a very positive one for Wiltshire Sight. Although we continue to see increasing demand for services, our strategy of working through local community hubs across the county has meant that we have been able to ensure people can access support and social activities in their local area. In the past year we have opened new hubs in Swindon Coleview, Lawn and Tisbury. We now have 20 hubs across the county where we offer services on a regular basis.

Our client reach in Wiltshire and Swindon has increased by 15% over the year, to 1,240. The Community Sight Loss Advisor team held just over 2,000 one-to-one sessions with clients.

Our Sight Loss Assessment framework measures clients’ progress against six key outcome areas:

5

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

Data collected over the year shows that 88% of the clients we have been working with in 22-23 have already recorded significant improvement during the year in at least one outcome area as a result of our support. Many of these have made significant progress in several or all of the areas in which they were seeking support.

In our evaluation calls with clients, 100% of clients have rated our services good, with 90% rating it as excellent. 94% of clients have told us that they feel more able to cope with day-to-day life as a result of our support.

In October, Wiltshire Sight held a very successful ‘Eye Can’ exhibition in Salisbury. The event included a range of guest speakers, and exhibitors from a wide range of commercial, public and voluntary organisations coming together to showcase opportunities and technology for people with sight loss. The exhibition attracted more than 150 people over the course of the day, including 55 new clients who had previously not accessed our services. 100% of those interviewed rated event very good or excellent.

In December we launched a joint public awareness campaign with Sight Support, entitled ‘See It My Way’. The online campaign included videos, quotes and articles about living with sight loss, and was received very well by our client group, and shared widely.

6

Wiltshire Blind Association Report of the trustees

For the year ended 31 March 2023

Our joint fundraising team expanded this year too, with the recruitment of a new Community & Corporate Fundraiser to develop local events and partnership with local businesses. We have also trained our first cohort of volunteer speakers to go out into the community to deliver - awareness talks on our behalf several talks have been booked for early 23-24. In individual giving we now have 504 current active supporters, an increase of 36% over the year.

Specific progress against the key objectives we set ourselves for 22-23 is summarised below:

The post has had a big impact, both for the organisation and the individual recruited. Not being tied to the phones has enabled our Community Sight Loss advisors to be out in the community more and provide more support to clients. Our intern, Jordon, has settled into the team well and is really proving his worth. Funding allowing, we will aim to continue this post for the foreseeable future.

Over the year we have focussed on developing new social groups, run by volunteers and sitting alongside our advice hubs. New groups were started in Salisbury, Devizes, Swindon, Chippenham and Trowbridge, and as a result over the year we have seen a 125% increase in the number of people attending social activities. Of those who flagged up isolation as an issue, 88% have told us that they feel less isolated as a result of our support.

7

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

During our training week in March, we held a teambuilding ‘Paper the Region’ event, resulting in more than 60 posters being put up and leaflets left in nearly 50 different healthcare settings.

In February we conducted a mailing to care homes in the region, offering support for residents with sight loss and gauging interest in training for care home staff.

Our annual volunteer survey results were again very positive, showing an engaged and happy team. Some quotes from the survey include:

8

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

“You are a lovely charity to volunteer for and I feel supported but not pressured.”

“The friendly staff make the whole aspect of being a volunteer special. Whilst carrying out my roles I feel that I'm very much a part of a team and a very valued part.”

• Open at least one more charity shop

Through the hard work of the shop teams, both the new shop in Devizes and our first shop in Salisbury are turning a good profit, which in turn makes a big contribution to keeping our sight loss advisory services operating.

As with our Salisbury shop, the design of the Devizes shop has – accessibility at the core, particularly for people with sight loss bright and airy, with wide pathways and spacing on the shop floor, high contrast colours for the till area and doorframes, and an accessible till system designed for use by visually-impaired volunteers. Over the next year we will be installing information points in the shops to provide the general public with more information about eye health, sight loss, and the support the charity can provide.

We are very grateful to our supporters for the huge number of high– quality donations received to stock the shops over the past 12 months we have received over 5,000 bags of donations from across the county.

9

Wiltshire Blind Association Report of the trustees

For the year ended 31 March 2023

Plans for the future

Our key development priorities for the 2023-24 year include:

Financial review

Income and expenditure for 2022-23 were in line with the budget set for the year by the board. Our partnership with Sight Support West of England has made a significant difference to our overhead costs which means that the money we raise is able to go directly on our frontline services. In line with our financial planning, we are continuing to use our free reserves to fund services as we bring down our reserves levels in line with our Reserves Policy.

After making appropriate enquiries, the board of trustees has a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.

10

Report of the trustees

Wiltshire Blind Association

For the year ended 31 March 2023

Charitable funders and supporters

Wiltshire Sight wishes to thank all its charitable funders and supporters, – listed below for the year April 2022 March 2023. As an independent charity we rely on the generosity of our supporters and the local community. Without their support we would not be able to deliver any of our valuable work providing local support for blind and partially sighted people in communities across Wiltshire and Swindon:

Arnold Clarke Melksham Town Council
Asda Foundation National Lottery
Calne Town Council Postcode Lottery
Chippenham Borough Lands Salisbury and District Darts
Chippenham Town Council League
The Co-op Local Community Samuel William Farmer Trust
Fund Santander Trowbridge
Devizes Lions Screwfix Foundation
Devizes Rotary Club St James Trust
Devizes Town Council St Mary and St Ethelbert Church
Douglas Arter Foundation Luckington
Hawkeridge Congregational St Nicholas Hospital
Chapel Trowbridge Town Council
Inchcape Foundation Wadsworth Brewery
Julia & Hans Rausing Trust Warminster Town Council
Lord Hanson Foundation Wessex Toy and Model club
Marlborough Town Council Westbury Town Council

Reserves policy

Total funds held at 31 March 2023 were £662,645, of which £nil were restricted in accordance with the donors’ wishes. A further £138,482 of unrestricted reserves are tied up in the capital assets of the charity and £300,000 has been designated by the trustees for future ongoing projects in Wiltshire to be completed over the next three years in partnership with Sight Support West of England.

Our current level of free reserves, defined as unrestricted net current assets is £49,843.

11

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

The trustees are particularly aware of the need to take certain factors into account to cover fluctuations in income (principally legacies), current liabilities and unplanned expenditure. The target amount for contingency set by the charity is therefore 12 months’ operating costs. The reserves policy is kept under constant scrutiny by the trustees.

The level of reserves has been set by Wiltshire Sight taking into account the following:

Structure, governance and management

The organisation converted from a charitable company limited by guarantee to a Charitable Incorporated Organisation (CIO) on 1 September 2020. The charity was established in 1918 and registered under the Companies Act 2006 on 22 January 2007 and registered under the Charities Act 2011 on 1 June 2007. A new constitution of the CIO replaced the existing Memorandum of Association on 1st September 2020. This constitution establishes the objects and powers of the CIO, and governs its operations.

The organisation is governed by a board of trustees. The trustees do not receive any remuneration for their services to the charity.

In the event of the CIO being wound up, the trustees have no liability to contribute to its assets.

12

Wiltshire Blind Association Report of the trustees

For the year ended 31 March 2023

Related parties

There were no related party transactions with trustees or senior management other than donations received from trustees.

Risk management and delegation

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate systems and controls are in place in order to mitigate those risks and to provide reasonable assurance against fraud and error. During the year the trustees have considered the major risks and systems have been put in place to mitigate their impact.

The charity investment portfolio is managed by an independent investments manager who operates within the specific guidelines and restrictions set and is reviewed annually by the Board.

Public benefit

The board of trustees confirm that they have complied with their duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit “Charities and Public Benefit”.

Wiltshire Blind Association’s charitable objectives are enshrined within its articles and, as such, the trustees ensure that this charter is carried out for the public benefit. This is done through the delivery of services which, whilst primarily aimed at those who are blind or partially sighted are, where appropriate, open to all who might benefit.

13

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

Statement of responsibilities of the trustees

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are 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 them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. 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.

14

Wiltshire Blind Association

Report of the trustees

For the year ended 31 March 2023

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Inependent examiners

Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 19 June 2023 and signed on their behalf

Carl Hall - Chair

15

Independent examiner's report

To the trustees of

Wiltshire Blind Association

I report to the trustees on my examination of the accounts of Wiltshire Blind Association (the CIO) for the year ended 31 March 2023, which are set out on pages 18 to 31.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the CIO’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

Godfrey Wilson Limited also provides bookkeeping services to the CIO. I confirm that as a member of the ICAEW I am subject to the FRC’s Revised Ethical Standard 2016, which I have applied with respect to this engagement.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

16

Independent examiner's report

To the trustees of

Wiltshire Blind Association

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: 21 June 2023 Rob Wilson FCA Member of the ICAEW

For and on behalf of:

Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

17

Wiltshire Blind Association

Statement of financial activities

For the year ended 31 March 2023

Note
Income from:
3
4
5
Investments
Total income
Expenditure on:
7
12
8
Donations and
legacies
Charitable
activities
Charitable
activities
Net income
before gains
Net losses on
investments
Other trading
activities
Net income and
net movement in
funds
Total
expenditure		 Restricted Unrestricted
£
£
-
106,426
5,334
67,787
-
459
-
8,445
5,334
183,117
5,334
225,205
5,334
225,205
-
(42,088)
-
(32,616)
-
(74,704)		 2023
2022
Total
Total
£
£
106,426
318,868
73,121
63,447
459
250
8,445
6,927
188,451
389,492
230,539
219,562
230,539
219,562
(42,088)
169,930
(32,616)
9,999
(74,704)
179,929

18

Wiltshire Blind Association

Statement of financial activities

For the year ended 31 March 2023

----- Start of picture text -----
Net income and
net movement in
funds
-
(continued) 8 (74,704) (74,704) 179,929
Reconciliation of
funds:
Total funds brought
-
forward 737,349 737,349 557,420
Total funds carried
-
forward 662,645 662,645 737,349
----- End of picture text -----

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 16 to the accounts.

Prior period income has been reclassified to reflect the requirements of the Charities SORP (FRS 102) and to be comparable with the current year. The restatements are purely reclassifications of income and expenditure and do not affect net income.

19

Wiltshire Blind Association

Balance sheet

As at 31 March 2023

Note
Fixed assets
Tangible assets
11
Investments
12
Current assets
Debtors
13
Cash at bank and in hand
Liabilities
14
Net current assets
Net assets
15
Funds
16
Restricted funds
Unrestricted funds
Designated funds
General funds
Total charity funds
Creditors: amounts falling
due within 1 year		 £
54,467
117,880
172,347
(122,504)		 2023
£
138,482
474,320
612,802
49,843
662,645
-
438,482
224,163
662,645		 2022
£
143,740
499,273
643,013
1,194
170,414
171,608
(77,272)
94,336
737,349
-
443,740
293,609
737,349

Approved by the trustees on 19 June 2023 and signed on their behalf

Carl Hall - Chair

20

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

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 in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Wiltshire Blind Association 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 note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern. The charity holds unrestricted funds of £662,645 and has sufficient cash reserves to continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved.

c) Income

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

Income from the 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.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income received in advance of provision of a specified service is deferred until criteria for income recognition are met.

d) 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.

21

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies (continued)

e) Funds 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 for specific projects being undertaken by the charity.

f) 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.

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

g) Grants payable

Grants payable are charged in the year in which the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attached have been fulfilled. Grants offered subject to conditions at the year end are noted as commitment but are not accrued as expenditure.

h) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated in full to expenditure on charitable activities which is deemed to be reflective of the activities of the charity in this period.

i) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Long leasehold 50 years straight line
Computer equipment 25% reducing balance
Fixtures and fittings 25% reducing balance

Items of equipment are capitalised where the purchase price exceeds £500.

j) Investments

Investments held at the year end are valued at the current market value at that date. Investment income from dividends is included in incoming resources while realised and unrealised losses and gains on investments are shown separately on the statement of financial activities (SOFA). Realised gains and losses are calculated on investment disposals during the year as the difference between the opening market value and the proceeds received on sale. Unrealised gains and losses are calculated on investment holdings at the year end as the difference between the closing market value and the opening market value or purchase value during the year.

22

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies (continued)

k) 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.

l) 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.

m) Creditors

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.

n) 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 recognised at amortised cost using the effective interest method.

o) Foreign currency transactions

Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end.

p) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below.

Depreciation

As described in note 1i to the financial statements, depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life.

23

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

2. Prior period comparatives: statement of financial activities

Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income before gains
Net gains on investments
Net income and net movement in funds
3.
Income from donations and legacies
Donations
Legacies		 Restricted
£
£
-
318,868
34,448
28,999
-
250
-
6,927
34,448
355,044
34,448
185,114
34,448
185,114
-
169,930
-
9,999
-
179,929
2023
Restricted
Total
£
£
£
-
21,449
21,449
-
84,977
84,977
-
106,426
106,426
Unrestricted
Unrestricted		 2022
Total
£
318,868
63,447
250
6,927
389,492
219,562
219,562
169,930
9,999
179,929
2022
Total
£
22,721
296,147
318,868

All income from donations and legacies in the prior period was unrestricted.

24

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

4. Income from charitable activities

Grants
Resource sales
Prior period comparative:
Grants
Resource sales		 Restricted
£
£
5,334
67,611
-
176
5,334
67,787
Restricted
£
£
34,448
28,946
-
53
34,448
28,999
Unrestricted
Unrestricted		 2023
Total
£
72,945
176
73,121
2022
Total
£
63,394
53
63,447
5. Income from other trading activities
2023 2022
Restricted Unrestricted Total Total
£ £ £ £
Corporate fundraising - 336 336 250
eBay sales - 123 123 -
- 459 459 250

All income from other trading activities in the prior period was unrestricted.

6. Government grants

Income recorded as government grants are discretionary awards made by local councils and administrations totaling £6,934 (2022: £6,020), and a grant from the National Lottery Community Fund of £10,000 (2022: £10,000). There are no unfulfilled conditions or contingencies attached to any of these grant awards.

25

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

7. Total expenditure

Staff costs (note 9)
Grants payable to Sight
Support West of England
Depreciation
Accountancy
Advertising and promotion
Insurance
Investment management fees
IT and communications
Bank charges
Repairs and Maintenance
Subscriptions
Sub-total
Allocation of support and
governance costs
Total expenditure		 Raising
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Charitable
activities
£
67,594
149,434
-
-
-
-
-
-
-
-
-
217,028
13,511
230,539		 £
-
-
5,258
2,537
-
360
300
15
216
4,790
35
13,511
(13,511)
-
Support and
governance
costs		 2023 Total
£
67,594
149,434
5,258
2,537
-
360
300
15
216
4,790
35
230,539
-
230,539		 Raising
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Charitable
activities
£
-
208,464
-
-
-
-
-
-
-
-
-
208,464
11,098
219,562		 £
-
-
5,945
3,270
624
287
300
(98)
189
531
50
11,098
(11,098)
-
Support and
governance
costs		 2022 Total
£
-
208,464
5,945
3,270
624
287
300
(98)
189
531
50
219,562
-
219,562

Total governance costs were £2,220 (2022: £3,000)

All amounts included in grants payable are paid to Sight Support West of England (SSWE), the parent of Wiltshire Blind Association.

26

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

8. Net movement in funds

This is stated after charging:

Net movement in funds
This is stated after charging:
2023 2022
£ £
Depreciation 5,258 5,945
Trustees' remuneration Nil Nil
Trustees' reimbursed expenses Nil Nil
Auditor's / independent examiner's remuneration:
▪Audit fee / independent examination fee (including VAT) 2,220 3,000
▪Other services Nil 270

9. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs		 2023
2022
£
£
61,177
-
3,473
-
2,944
-
67,594
-

No employee earned more than £60,000 during the year.

The key management personnel of the charity comprise the Trustees. The total employee benefits of the key management personnel were £Nil (2022: £Nil).

Average head count 2021
No.
4.00		 2020
No.
-

10. Taxation

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

27

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

11. Tangible fixed assets

Cost
At 1 April 2022 and at 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
12. Investments
Market value at 1 April 2022
Additions
Disposals proceeds
Equalisations
Realised gains / (losses)
Unrealised gains / (losses)
Movement in cash balances
Market value at 31 March 2023
Represented by:
Listed equities
Cash
Total		 Long
leasehold
£
161,424
25,824
3,228
29,052
132,372
135,600		 Computer
equipment
£
34,562
30,058
903
30,961
3,601
4,504		 Fixtures
and
fittings
£
34,070
30,434
1,127
31,561
2,509
3,636
2023
£
499,273
32,500
(19,192)
146
(206)
(32,556)
(5,645)
474,320
449,185
25,135
474,320		 Total
£
230,056
86,316
5,258
91,574
138,482
143,740
2022
£
382,981
107,201
(15,243)
-
1,798
8,201
14,335
499,273
468,493
30,780
499,273

Investments comprise listed investments held by the charity via Rathbones.

28

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

13. Debtors

Debtors
Trade debtors
Accrued income		 2023
£
392
54,075
54,467		 2022
£
1,194
-
1,194

14. Creditors : amounts due within 1 year

Creditors : amounts due within 1 year
Trade creditors
Owed to Sight Support West of England
Accruals		 2023
£
526
119,758
2,220
122,504		 2022
£
-
74,272
3,000
77,272

15. Analysis of net assets between funds

Tangible fixed assets
Investments
Current assets
Current liabilities
Net assets at 31 March 2023
Prior period comparative
Tangible fixed assets
Investments
Current assets
Current liabilities
Net assets at 31 March 2022		 £
-
-
-
-
-
£
-
-
-
-
-
Restricted
funds
Restricted
funds		 £
138,482
300,000
-
-
438,482
£
143,740
300,000
-
-
443,740
Designated
funds
Designated
funds		 £
-
174,320
172,347
(122,504)
224,163
£
-
199,273
171,608
(77,272)
293,609
General
funds
General
funds		 Total
funds
£
138,482
474,320
172,347
(122,504)
662,645
Total funds
£
143,740
499,273
171,608
(77,272)
737,349

29

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

16. Movements in funds

Restricted funds
Total restricted funds
Designated funds:
Development fund
Fixed asset fund
Total designated funds
General funds
Total unrestricted funds
Total funds
Wiltshire Community Sight Loss
Service
Unrestricted funds		 At 1 April
2022
£
-
-
300,000
143,740
443,740
293,609
737,349
737,349		 Income
£
£
5,334
(5,334)
5,334
(5,334)
-
-
-
(5,258)
-
(5,258)
183,117
(219,947)
183,117
(225,205)
188,451
(230,539)
Expenditure		 £
£
-
-
-
-
-
300,000
-
138,482
-
438,482
(32,616)
224,163
(32,616)
662,645
(32,616)
662,645
Transfers
and gains /
(losses)
At 31 March
2023		 £
£
-
-
-
-
-
300,000
-
138,482
-
438,482
(32,616)
224,163
(32,616)
662,645
(32,616)
662,645
Transfers
and gains /
(losses)
At 31 March
2023
-
300,000
138,482
438,482
224,163
662,645
662,645

There were no transfers between funds in the year.

Purposes of restricted funds Wiltshire Community Funding provided for the costs of a Community Sight Loss Advisor in Sight Loss Service Wiltshire.

Purposes of designated funds Development fund To

To fund Sight Support West of England to provide sight loss advice and guidance services across Wiltshire and Swindon.

Fixed asset fund

Represents the net book value of fixed assets.

30

Wiltshire Blind Association

Notes to the financial statements

For the year ended 31 March 2023

16.
Movements in funds (continued)
Prior period
comparative
Restricted funds
Salisbury Resource Centre
Total restricted funds
Designated funds:
Development fund
Fixed asset fund
Total designated funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds
Wiltshire Community Sight Loss
Service		 At 1 April
2021
£
-
-
-
188,318
149,685
338,003
107,735
445,738
445,738		 Income
£
£
29,448
(29,448)
5,000
(5,000)
34,448
(34,448)
-
-
-
(5,945)
-
(5,945)
355,044
(179,169)
355,044
(185,114)
389,492
(219,562)
Expenditure
and losses		 £
£
-
-
-
-
-
-
111,682
300,000
-
143,740
111,682
443,740
9,999
293,609
121,681
737,349
121,681
737,349
Transfers
between
At 31 March
2022		 £
£
-
-
-
-
-
-
111,682
300,000
-
143,740
111,682
443,740
9,999
293,609
121,681
737,349
121,681
737,349
Transfers
between
At 31 March
2022
-
300,000
143,740
443,740
293,609
737,349
737,349
17.
Financial instruments at fair value
Financial assets measured at fair value		 2023
£
474,320		 2022
£
499,273

Financial assets measured at fair value comprise listed investments.

18. Related party transactions

Nick Grinham, Carl Hall and Kayvan Ghotbi-Ravandi, trustees of Wiltshire Blind Association (WBA) are also trustees of Sight Support West of England (SSWE). During the year ended 31 March 2023, WBA collected monies on behalf of SSWE and granted £149,434 (2022: £208,464). At 31 March 2023, WBA owed SSWE £119,758 (2022: £74,272).

During the year trustees donated £1,000 to Wiltshire Blind Association (2022: £nil)

31