WAR WICKSHIRE
VISION
REPORT OF THE TRUSTEES
and
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR WARWICKSHIRE ASSOCIATION FOR THE BLIND
(TIA WARWICKSHIRE VISION SUPPORT)
REGISTERED COMPANY NUMBER.. 06511954 (England and Wales)
REGISTERED CHARITY NUMBER: 1123220

CONTENTS
REFERENCE AND ADMINISTRATIVE DETAILS.................
FOREWORD FROM ELIZABETH THIEBE. CHAIR OF TRUSTEES......
REPORT OF THE TRUSTEES................................................................................
Aboutwarwlckshlre Vislon Support.
Misslon.....................................................................,..,.,..,,...,...,.....
Aims and Objectlves...........................................................,...,...,......,...,....,............
Key actlvltle5...
Our Values and Guidlng Prlnclples................,.......
STRATEGIC REPORT.....................................
FINANCIAL REVIEW.................................................................................
.12
Flnanclal performance... ......................................................................................12
Investment polocy and objectlves................. .................... .............
.12
Reserves pollcy......................................,.....................,.........,................................ 12
FUTURE PLANS......
.13
STRUCTURE. GOVERNANCE AND MANAGEMENT............................................13
Governlngdocument.............................................................................
.13
Recrultment and appolntment of new trustees..........
Key management remuneratlon.,...................................,.................................. 14
Rlsk management.........................................................................
14
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
WARWICKSHIRE ASSOCIATION FOR THE BLIND...
.13
.16
21Page

REFERENCE AND ADMINISTRATIVE DETAILS
TRUSTEES
Elizabeth Ann Thiebe (Chair)
David Adams
Susan Mary Ayres
Stacey Loulse Fennell
Amer Herian
Richard Charles Orme
Thuy Pham
Tom Bulpitt
Arthur Marklew Ligglns
Louise Wallls
COMPANY SECRETARY
Stacey Loulse Fennell
REGISTERED OFFICE
14 Market Place
Warwick, Warwickshire
United Kingdom
CV34 45L
REGISTERED COMPANY
NUMBER
06511954 (England and Wales)
REGISTERED CHARITY
NUMBER
1123220
AUDITOR
Harrlson Beale & Owen Limited
Chartered Accountants
Highdown House
11 Hlghdown Road
Leamlngton Spa
Warwickshire CV311 Kr
BANKERS
Lloyds Bank
12 Swan Street
Warwick
Warwickshire CV34 4BJ
INVESTMENT MANAGERS
Qullter Chevlot Investment
Management
Two Snow Hlll
Snow Hill Queensway
Birmlngham B4 6GA
31Page

FOREWORD FROM ELIZABETH THIEBE. CHAIR OF TRUSTEES
Supporting our community wlth a steady hand
We have had a year of small and steady improvements as we continue to implement our
vision to bring our services to more people.
This year, we expanded our ECLO {hospital-based Eye Clinic Liaison Officer) servlces to
people In the north of the county. We are now able to meet the needs of people in all
parts of the county through the entlre length of their sight loss Journey. Supporting
people atthe early stage of diagnosls is key to linking them Into the wide range of serrfices
that we can elther provlde or slgn post them to.
We have also increased the numbers of people attending our support centres and soclal
clubs throughout Warwlckshlre by 5%. We have done thls with the support of a steady
and dedicated team of volunteers and a team of dedlcated and experienced staff. We
are pleased to see little turnover in our staff numbers.
We are In the second year of our Rehabllltatlon contract with Warwickshire County
Councll. And throughout the year, we have looked for ways to support the contlnuation
of thls care by efflclent scheduling, supporting the tralnlng and educatlon of staff to reach
the quallficatlon of Vlsion Rehabllltation Speciallst.
However, the most vlsual change thls year has been everything but small. Our renovation
project of the Warwlck Town Centre office space whlch Is Intended to ralse our proflle
and provlde a permanent home for the charity is underway. The deslgn of the space from
floor layout to paint colours has been undertaken wlth Input from staff, volunteers and
those uslng our servlces. We look ahead at thls newly renovated space as a launch pad
for more services to help our community.
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REPORT OF THE TRUSTEES
The trustees who are also dlrectors of the charity for the purposes of the Companies Act
2006, present their report with the flnancial statements of the charlty for the year ended
31 March 2024, The trustees have adopted the provisions of Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts In accordance with the Financlal Reporting Standard applicable In the UK and
Republic of Ireland (FRS 102) (effective 1 January 2019).
About Warwlckshlre Vision Support
Warwickshire Vision Support Is the tradlng name of Warwickshlre Assoclation for the
Blind, a registered charlty incorporated In England and Wales as a company Ilmlted by
guarantee and governed by its Memorandum and Articles of Association.
Mlsslon
Warwickshire Vlslon Supportwas established In1911 wlth a mlsslon to provlde emotional
and practical support for bllnd and partially slghted people who Ilve In the county. We
achieve this each year by provldlng:
support at the polnt of dlagnosls wlth the first practical steps in acknowled8lng and
coming to terms wSth the condltion;
support In the weeks followlng dlagnosls with training and other alds that enable
an adjustment to remain safe and Independent;
support through the followlng years, wlth advlce, Informatlon and other skllls
training which enable more choice, greater Independence and healthier Ilfe5tyles.
Alms and Objectlves
We organlse ourselves and measure our effectiveness based on achlevlng the followlng
outcomes for the people we support:
Included
We provide services whlch are accesslble, deslgned to empower and
enable people with disabilities of all ages and from all Warwickshire
communitles to fully engage wlth us.
We invite feedback and collaborate with the people we support on
the development of services, so our servlces are more relevant and
effective for the people who wlll use them.
We provide comprehensive advice, information and trainlng to
people experlenclng and Ilving with slght loss so they are able to
stay safe and make go¢)d decisions for themselves.
We support people to malntaln a sense of purpose, thelr famlly or
soclal connections, and avoid the feelings of isolation which are
commonplace when people experience sight loss.
Involved
Informed
Independent

Key actlvltles
Providing emotlonal and practical support to people in hospital eye clinics and other
places where a diagnosis of sight Ioss is made.
Teaching new skills to Improve safety in the home and mobility In the communlty
through our Rehabilitation Servlce provided on behalf of Warwickshire County
Councll.
Providlng access to advlce, Information and guldance through our network of Vision
Support Centres
Reduclng Isolatlon through our Befrlending services
Enabling social networks through our social clubs and web conferencing facllltles
Facilitating soclal Incluslon and empowerment through IT Tralnlng and Advocacy
Keeping people Informed, wlth the Magazlne and other regular communlcatlon
updates
Our Values and Guldlng Prlnclples
One Team:
we recognlse that we are at our best when we share and agree on common obJertSves,
asplratlons and values.
Person Centred:
we place the Interests of our beneficiaries at the heart of everything we do, revlewlng our
systems and processes based on the needs of the people we support.
Outcome Focussed:
we adapt and personalise our rehabilitation and other servlces to achleve the outcomes
our beneficlaries Identlfy as most Important for themselves.
Carlng and Respertful:
we care about people and focus on the person and not the impairment, recognlslng that
it is diversity and difference in ourselves that make us stronger. We design our services
with the people we serve.
Reflertlve. Learnlng and Developlng:
we adapt and Innovate qulckly to ensure we learn from experience and meet the
changing expectations of our beneflclarles and other stakeholders.
61Page

STRATEGIC REPORT
Our Servlces In 202312024
here are no words to express how very grateful we are for all of the support advice,
companlonshlp andfun get togethersfrom this group fvr our Mum. Rosemary. She loved the
meetings and credited Worwickshire Vision Supportfor maklng her Ilfe so much easier. Shefelt
50 5UPPOrted by all ofyour volunteers andgroup leaders"
Our different servlces connect seamlessly to provide prartlcal and emotional support for
anyone living in Warwlckshlre who experiences sight loss. We are wlth someone at every
Step along the sight loss pathway, from formal diagnosis, through adjustment to the
changlng condition, to when life wlth a vlsual Impairment becomes normalized.
We help develop new mobility and orlentation skills, provide adaptatlons to the home,
and offer the social benefits of bllnd and partially sighted people coming together at our
support centres and soclal clubs. We provlde advocacy for the people we support SO they
are properly represented when Issues arlse or they experlence poor service. We offer a
befrlendlng servlce for Isolated people experlenclng or Ilvlng with sight loss.
We strive to ensure the people we support feel Included, Involved, Informed and as
Independent as they want to be, In 2023124 our community services dlrectly engaged
over 2,000 vlsually impalred indlvlduals and often their spouse, other famlly member,
frlends, carers and guide dogs. We know from feedback and our monltorlng and
evaluatlon over the year that our servlce5 contlnue to be hlghly valued by the people we
work wlth, and have a slgnlflcant Impact on thelr dally Ilves, and those of the people
around them.
Eye Care Llalson Offlcers (ECLOS)
"A masslve thonk you to Del the ECLO from Warwickshire Vision Support her advice is
invaluable in our ophthalmolo￿ Cllnlcs, I dont know what we'd do wlthout her supporf(NHS
Trust Ophthalmology Manager)
In the year our Eye Care Llaison Officers (ECLOS) continued to provide a highly regarded
and valued service, worklng wlth NHS staff at hospltals, and providing a crucial first point
of contact for 688 people experiencing sight loss. Our three part-tlme ECLOS are based
at eye clinics at Stratford Hospital and Warwick Hospital, wlth In the last year, an
Increaslng presence at Camp Hill Health Centre and George Eliot Hospital in the north of
the county, where we know therels greater 50clal deprlvatlon and health inequalities.
Our ECLOS are tralned to provide immediate, empathic emotlonal and prattical support.
They assess and refer people to our community services, especially our Rehabilitation
Team, and also those services of our partners in the local, regional and national health
and welfare sector.
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Our ECLOS complement NHS Eye Cllnlcs and Ophthalmology departments byfilling a vital
gap in terms of Immediate aftercare and pastoral support followlng the disorientatin&
distressing and often devastating diagnosis of sight loss, Early interventions by ECLOS
help people to fully understand the clinical and social impart of sight loss, and access
other servlce5 and support that they will need.
Rehabilitation Services
"ljust want to say a massive thankyoufor allyour help t7nd support over the lastfew months,
you have been fabulous ondgiven me the confidence and support I need"
Our Vlsion Rehabilltation programme for vlsually impalred adults Is dellvered under
contract on behalf of Warwickshire County Councll. We dellver a report to WCC on a
quarterly basis wlth monltoring, case studies and performance standards. In the last
year, the reports detalled our support to more than 900 people referred to the service,
and the glftlng of more than 450 Items of speclallst equlpment to help wlth Independent
dally Ilvlng.
Rehabllltatlon Offlcers dellver early, preventatlve, independent Ilvlng skllls Including
mobility and orientation training, helping keep people safe, confldent and Independent
in thelr homes and when out and about In the communlty, Thls Includes uslng publlc
transport, the use of moblllty aids, learnlng routes to and from key locations and how to
understand and Interpret sensory street infrastructure. We help keep people safe and
confldent at home, addresslng areas such as effect5ve Ilghtlng, and how to safely cook
and make hot drink5.
Vlslon Support Centres
'Since being made alone the WVS centre cannot befoulted. I hove all the compony and support
I need...it has made o difference all round, I don't feel as isolated... Ivs so lovety to be with
people who understand... people who can see don tget it in the same wa
Our four weekly and seven monthly Vlslon Support Centreg (VSCS) are facllltated
gatherings of malnly older, bllnd and partially sighted people, who come together for
soclal tlme and activitie5, but also for 1.1 and group information, ad￿Ce, guidance and
trainlng.
There are also regular demonstrations of the latest asslstlve and accesslble equipment.
There are weekly VSCS In Leamlngton, Nuneaton, Rugby and Stratford, and monthly VSCS
In Alcester, Atherstone, Bedworth, Coleshill, Kenilworth, Shipston and Southam.
In the year we dellvered 271 support centre sesslons, wlth 3,622 vlslts from more than
300 people attending regularly and a further 120 people making their first visit. Speakers
from different organisatlons vislted our VSCS to consult wlth our seNlce users,. we based
our 2023124 programme on what our service users want to hear about, and thelr most
pressing issues and concems.
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Much of our work In the last year has been to do with the cost-of-living, especially energy
use, and changes to benefits e.g. from Disability Living Allowance to Universal Credlt. We
have also focused more on wellbelng activities, including seated exercise, relaxatlon,
medltation, aromatherapy and creatlve activities such as poetry and musical
performances.
'IT4U' Digital Skills Training Programme
"My employers have noticed improvements in wordprocessing accuracy and hove nowbecome
more engaged In proactively finding appropriate reasonable adjustments. after an
Occupational Health report you helped organlse. So thank you and your colleogues for the
invaluable IT a5slstanceyou have given me to manage my visual impairments"
Our peripatetlc Interactlve Technology tralnlng was very artive again last year, with 138
people recelvlng1:1 tralning at one of ourweekly or monthly Vlslon Support Centres. The
tralning has continued to empower malnly older, vlsually Impalred people to learn new
digital skllls and to make the most of assistive technology and accessiblllty software to
communicate and manage thelr affalrs online. As well as the face-to-face appointments
at the VSCS, more 1.1 support was glven by phone, emall and on VOIP platforms. One of
the mostvalued aspects of the tralnlng Is that people can 'try before they buy, so working
wlth dlfferent equipment to see what Is best and most approprlate for thelr needs and
skill levels.
Befrlendlng and Home Vlsltlng Servlce
°My Dad has started recelvlng Home Vlsltsfromyou, whlch are worth thelr welght In gold.... we
recently lost my Mum and then his eye sight...he s still trying to remain independent...but he
needs help because he Is strugglin
We contlnue to run a Telephone Befrlendlng SeNlce and Home Visiting Service for 60 of
our most isolated, lonely and vulnerable 5ervlce users. Both services aim to help Improve
welfare and wellbeing, the regular contart allows people to dlscuss their week and talk
about challenges they are experlencing, and how they are feellng about thelr Ilves.
As well as a friendly chat and company, both Befriending Servlces have a vltal
safeguardlng element. Our staff and volunteers are trained to Ilsten and look for welfare
or safeguarding issues, such as poor heath or dlet, lack of dlgnlty, being bothered by
unwanted visitors, etc. In the most serlou5 cases we have made referrals to Adult Social
Care regardlng mental health Issues, and we have called paramedics following reports of
falls and ill-health.
Soclal Clubs
"I definltefy would recommend the club because At is the best thlng l ever did was to go and it
brought me out of my shell L7s I was in denial. I have come out of my shell now and I have
made some lovelyfriends"
We run Social Clubs for more than 200 visually impalred people across the county. in
Atherstone, Coleshill, Kenilworth, Leamington, Nuneaton, Rugby, Southam and Stratford.
91Page

These are different to our VSCS In that the emphasis is less on information, advice.
guidance and trainin& and more upon companionship and activitles to keep members
active and sociable. Five clubs meet monthly and four meet Iwice monthly. Members
work with our staff and volunteers to plan, schedule and organise the clubs, including
creative activities, quizzes. music. games, hobby speakers, entertalners and luncheons.
Volunteers
"iys thefeeling of satisfaction and knoM"ngyou ore making a difference.... afantastlc team of
people to work withl"
The charlty Is very fortunate to have 150 actlve volunteers, glvlng thelr tSme to support
ourVSCs, social clubs and befrlendlng serrfices, and helplng us at events and in high street
fundralsing collettions. We established a monthly volunteer newsletter, to help celebrate
thelrwork and keep them abreast of the latest developments in the charity and sight loss
settor. wa￿IckShire Vlslon Support also celebrated Volunteers Week injune 2023, whlch
was an opportunlty to recognlse the significant contrlbutlon our volunteers make to our
communities across Warwickshire.
In a survey we condutted, 91 % of volunteers consldered their volunteering experience to
be a posltlve and satlsfylng experlence, 87% of volunteers 5ald they were Ilkely to
recommend volunteerSng wlth Warwlckshire Vision Support to others, and 84% sald they
felt valued by the charlty. In March 2024, slx of our volunteers and our chair received
recognition at the Warwickshire High Sherlff awards ceremony.
Warwlckshlre Vlslon Magazlne
Our prlnt and audlo magazlne provldes news, informatlon and stories especially of
Interest to vlsually Impaired people. Over 3,000 of our service users now receive thls
publlcatlon as an audlo file, digital file or prlnted verslon. The magazlne Is now publlshed
seasonally and has recelved very positive feedback throughout the year.
Bullding Renovatlon Project
A signlficant development In the last year has been the stsrt of a project to renovate our
premises in Warwlck, creating a new resource and training centre from where we will
launch new servlces In 2025. The facilitles wlll be a communlty hub, made available for
use by other regional charities and community groups.
Consultation on the vlslon and deslgn of the bulldlng has been undertaken In the lastyear
wlth a wlde range of stakeholders, including service beneficiaries, staff and volunteers.
Conclusion of the renovation projett towards the end of 2024 wlll mean the achievement
of a key objective from the 2020 Strategy Refresh, to relocate the charity to a high profile
and accesslble location, generating new forms of Income in the form of rent from parts
of the building. This is significan¢ reversing a trend of occupylng rental premises over
the recent hlstory of the charity.
101Page

Grants received in 202312024
We would like to thank all of the grant makers who supported our services in
202312024:
Austin Edwards Charity Trust
Baron Davenporvs Charity
Clifford Chambers Charities
Dumbreck Charlty
Edith &Jack Griffiths Charitable Trust
Garfield Weston Foundation
George Perklns Charltable Trust
Goodenough Charitable Trust
L & Q Foundation
Mlsses Barrie Charitable Trust
Natlonal Lottery Awards for All
Natlonal Lottery Community Fund Reachlng Communitles
Royal Learnlngton Spa Town Council
Rowlands Trust
Screwfix Foundatlon
th
The 29 May 1961 Trust
Ulverscroft Foundatlon
Warwick Distrlct Council
Warwlckshlre Royal Arch Freemasons
Warwlckshlre County Councillor grants (x4)
W.G. Edwards Charltable Foundatlon

FINANCIAL REVIEW
Flnancial performance
Income In the year of £1,455,111 Included a single legacy donation of £1,000,000 from a
grateful service beneficiary. After deducting expenses of £628,777, the charty achieved
an operating surplus of £826,334.
The value of investments increased by £164,422, reverslng a loss in value from the
previous year of £154,622. The total increase in funds for the year totalled £990,756
enabling the Board of Trustees to proceed with ambitious plans for the renovation of
premises and the development of a training centre and communlty hub.
Investment policy and objectlves
The charity uses Its reserves to generate Income In the form of dlvidends from long term
Investments (consldered unavailable for more than 5 years) and interest from shorter
term Investments deposlted wlth the Charltles Ald Foundation Investment Platform,
Flagstone.
Long term Investments are made in 'moderate' rlsk portfollos and should achleve a
dlvldend of 3.5% (plus Inflatlon) after management fees, The risk status of the portfolio
Is assessed at least annually wlth the Board of Trustees and a Fund Manager to ensure it
remains relevant and appropriate for the charlty. The moderate risk status should
achieve annuallsed galns over a 5-year term of15% or losses not exceedlng 6%.
Short term Investments are used to support operatlng cashflow Including the resourcing
of a new resource and tralning centre and other new ventures or Inltlatlves.
Reserves pollcy
The Balance Sheet at 31 st March 2024 sets out our total funds and reserves flgure of
£3,735,779 (2023: £2,745,023), includlng £33,442 (2023: £84,706) which are designated as
restrlrted.
We have committed £650,000 for investment In creatlng a new resource and training
centre at our premises in Warwick. The new facilities, due to open In December 2024, will
be used to launch new services and wlll be shared with other local charities and
communltygroups.
We have ring-fenced a further £750,000 for the purchase of satelllte premlses In the north
of the county. This would support our ambitlon to increase our presence in an area of
the county wlth highest levels of social deprlvatlon and health Inequallty. Thls would also
enable us to reduce our carbon Impact by targetlng reduced travel across the county.
Remaining reserves will continue to provide an invaluable source of income from interest
and dlvidends whllst safeguardlng the sustainabllity of the charity.
Restricted reserves are those surplus funds carried forward from income received wlth a
121 Page

restricted purpose after deducting expenditure in the delivery of attivltles in line with the
donor's specifications.
FUTURE PLANS
Our focus for 2024 and beyond Is on meeting the needs of increasing numbers of people
who experience sight loss,
In 2024 we will maintaln a hlgh level of service delivery desplte the Inevitable disruption
from a major renovatlon of our premises in Warwlck throughout the next year.
The renovated premises will provlde a modern and welcomlng envlronment for our
service beneficiaries and other visitors to what will quickly become a resource and
trainlng centre, and communlty hub. The openlng of the bullding wlll represent one of
the most significant milestones in the 113-year history of the charty, providing a base
from where we will launch new servlces.
We alm to Increase the proflle and promSnence of the charity throughout Warwlckshire,
and wlll start our search for satellite premlse5 In the north of the county in 2025. We
know that people Ilvlng In the north of the county are exposed to greater levels of soclal
deprlvatlon than other parts of the county and consequently experlence greater dlfficulty
In accesslng eye care and other health services. Thls would further complement our
ambltlon to reduce the carbon footprlnt of the organlsatlon by reduclng the movement
of staff and volunteers across the county.
We wlll contlnue to explore opportunltles to bulld and enhance our servlce offer. This
wlll Include increaslng what we deliver In collaboratlon with others, uslng our
communlcatlon channels to share and promote informatlon from other local charltles
and community groups,
We will launch a new tralnlng servlce at the beglnnlng of 2025, offerlng local buslnesses
and others visual impairment awareness tralnlng. Thls will be a venture almed at helplng
employers meet thelr legislative responsibilltles whilst supporting others to understand
how they should engage with bllnd and partlally slghted people when deliverlng services.
To ensure servlce delivery Is malntained at the hlgh standards we Set for ourselves, we
wlll Invest further in training and professional development of our team, IncludSng an
apprenticeship training scheme for Rehabilitation Officers.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng document
The charlty Is controlled by its governing document, a deed of trust, and constitutes a
limited company, limited by guarantee, as defined by the Companies Art 2006,
Recrultment and appointment of new trustees
Trustees are required to have a professlonal or commerclal background with a knowledge
131Page

of business management, and one or more specialities such as legal, HR, financial,
publicity, fundraising and administratlon. We also seek people who have experience of
living with sight10s5 or are professlonals in eye care.
Applicants are invited to an intervlew with a Selertlon Committee, as defined in the
Articles of Association. After inteNiew, the Selettion Committee report to the Board,
which may invite the Applicant to attend Board meetlngs on an ad-hoc basis wlth no rlght
to vote. After attending a mlnlmum of two meetings, the Board may co-opt the Applicant
as a Trustee. All Trustees are required to attend semlnars and training to ensure that they
are aware of changes in legislatlon.
Each year, one thlrd of the Trustees have to retlre by rotation and seek re-elettion.
The Trustees meet at least quarterly to receive and attion management accounts,
Addltlonal meetlngs are scheduled throughout the year to address speclflc Issues and
tralnlng. The work of the Trustees Ss organised Into four sub-commlttees which are
responslble for produclng reports and recommendations to the Board.
Under the Artlcles of Assoclation, the Trustees are permitted to appolnt a Chlef Executlve
Officer (CEO) who has day-to-day responsiblllty for the management of staff and the
runnlng of the charlty.
Key management remuneratlon
The salary of the CEO is determlned by the Chair of the Board of Trustees In consultatlon
wlth the Human Resources Committee following an annual performance appralsal and
an assessment of appropriate market rates for the position.
Rlsk management
The trustees have a duty to identlfy and revlew the rlsks to which the charlty Is exposed
and to ensure appropriate controls are In place to provide reasonable assurance against
fraud and error.
A Rlsk Reglster Is prepared bythe CEO and reviewed bythe Board of Trustees on a regular
basls. The maln risks belng monltored by trustees at March 2024 are:
Rlsk 1: Income from trusts and grants is Insufficlent to meet charlty growth ambltlons
and costs associated wlth charltable service delivery.
Rlsk Response: Identlfy new areas of potential fvnding and lessen the rellance on
traditional areas of income generation.
Rlsk 2: The charity fails to meet Its regulatory or quality obligatlons in respect of seNlces
provlded as part of the servlce level agreement wlth the local county council, or other
charitable services, and suffers reputational and potentially long-term damage.
Rlsk Response: The Board of Trustees review performance updates provided bythe CEO
to ensure the team remaln sufficiently skilled and qualified, with systems and processes
141 Page

revlewed regularly to ensure delivery of services meet expectatlons.
Risk 3: Loss of key staff jeopardises the delivery of services, especlally In areas of
Rehabilltatlon Serrflces where recruitment of appropriately qualified personnel is known
to be challenging.
Risk Response: Review and update succession plans on a regular basls. whllst creating a
pipeline of personnel undertaking training and formal qualifications. Thls includes
establishing a new Rehabilitation Apprenticeship from 2023.
Report of the trustees, Incorporating a strategic repor¢ approved by order of the Board
of Trustees, as the company directors, on 21 st November 2024 and slgned on the Board's
behalf by:
Elizabeth Ann Thlebe - Chalr of Board of Trustees
151Page

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF WARWICKSHIRE
ASSOCIATION FOR THE BLIND
Oplnlon
We have audited the financial statements of Warwlckshire Association for The Bllnd (the
'charitable company,) for the year ended 31 March 2024 which comprise the Statement
of Financial Activitles, the Balance Sheet, the Cash Flow Statement and notes to the
financlal statements, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and
United Kingdom Accountlng Standards {Unlted Klngdom Generally Accepted Accounting
Practice).
In our oplnlon the flnanclal statements;
glve a true and falr vlew of the state of the charltable company's affalrs as at
31 March 2024 and of its incoming resources and appllcatlon of resources, Includlng Its
Income and expenditure, for the year then ended,.
have been properly prepared in accordance wlth Unlted Kingdom Generally Accepted
Accountlng Practlce; and
have been prepared In accordance with the requlrements of the Companies Act 2006.
Basls for oplnlon
We condurted our audlt In accordance with Internatlonal Standards on Audltlng (UK) (ISAS
(UK)) and appllcable law. Our responsibilltles under those standards are further described
In the Auditors, responsibilities for the audit of the flnancial statements sertion of our
report. We are independent of the charltable company In accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, Including
the FRC'S Ethlcal Standard, and we have fulfllled our other ethlcal responsibllities In
accordance with these requirements. We believe that the audlt evldence we have
obtained Is sufficlent and appropriate to provlde a basis for our oplnlon.
Concluslons relating to going concern
In auditing the flnanclal statements, we have concluded that the trustees, use of the going
concern basls of accounting In the preparation of the flnanclal statements is appropriate.
Based on the work we have performed, we have not Identlfied any materfal uncertalntles
relating to events or conditions that, Indlvldually or collectively, may cast significant doubt
on the charitable company's ability to continue as a going concern for a period of at least
twelve months from when the financial statements are authorised for issue.
Our responslbllitles and the responsibilities of the trustees with respert to golng concern
are described in the relevant sections of this report.
Other information
The trustees are responsible for the other Informatlon. The other Informatlon comprises
161Page

the information included in the Annual Report, other than the financlal statements and
our Report of the Independent Audltors thereon.
Our oplnlon on the financial statements does not cover the other information and, except
to the extent otherwise explicltly stated in our repor¢ we do not express any form of
assurance conclusion thereon.
In connection with our audit of the financial statements, our responslblllty Is to read the
other information and, in doing so, consider whether the other information Is materially
Inconsistent wlth the financial statements or our knowledge obtalned In the audlt or
otherwise appears to be materially mlsstated. If we identify such materlal inconsistencies
or apparent material misstatements, we are required to determlne whether thls glves rlse
to a material misstatement in the flnancial statements themselves. If. based on the work
we have performed, we conclude that there Is a materlal mlsstatement of this other
information, we are required to report that fart. We have nothing to report In thls regard.
Matters on whlch we are requlred to report by exceptlon
We have nothlng to report In respect of the following matters where the Charltles
(Accounts and Reports) Regulatlons 2008 requires us to report to you If, In our oplnlon:
the Informatlon glven in the Report of the Trustees Is Inconslstent In any materlal
respect with the financial statements,. or
the charltable company has not kept adequate accountlng records; or
the flnanclal statements are not In agreement with the accounting records and
retums,. or
we have not received all the Informatlon and explanations we requlre for our audlt.
171Page

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF WARWICKSHIRE
ASSOCIATION FOR THE BLIND
Responsibillties of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who
are also the dlrettors of the charitable company for the purposes of company law) are
responsible for the preparation of the financlal statements and for belng satlsfled that
they give a true and falr vlew, and for such internal control as the trustees determine is
necessary to enable the preparation of flnancial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assesslng the
charltable company's abllity to contlnue as a golng concem, disclosing, as applicable,
matters related to golng concern and using the golng concern basls of accounting unless
the trustees elther intend to liquidate the charitable company or to cease operatlons, or
have no reallstlc alternatlve but to do so.
Our responslbllltles for the audlt of the financlal statements
We have been appolnted as audltors under Section 144 of the Charltles Art 2011 and
report in accordance with the Act and relevant regulatlons made or havlng effect
thereunder.
Our objettives are to obtaln reasonable assurance about whether the flnanclal
statements as a whole are free from material misstatement, whether due to fraud or
error, and to Issue a Report of the Independent Audltors that Includes our opinlon.
Reasonable assurance is a high level of a55urance, but Is not a guarantee that an audlt
conducted in accordance wlth ISAS (UK) wlll always detect a materlal misstatement when
It exlsts. Misstatements can arise from fraud or error and are consldered materlal If,
indlvldually or in the aggregate, they could reasonably be experted to influence the
economlc declslons of users taken on the basls of these flnancial statements.
The extent to whlch our procedures are capable of detectlng Irregularltles, Includlng fraud
Is detailed below:
The audlt process Includes an assessment of the entity's risk environment. through
enquiry of and discussion with management, Includlng an assessment of any key laws and
regulatlons wlth whlch the company must comply in the ordinary course of business.
Additionally, the overall risks of irregular transattions occurrlng are assessed followlng
our obserrfations and confirmatlon of the deslgn and Implementatlon of management's
controls. Whilst we are mindfvl of these risks, our audit focus is geared towards the risk
of materlal mlsstatement In the financlal statements as a whole.
As such, our procedures cannot guarantee that all transartions have been fully compliant
with all relevant laws and regulation5, including those regulations relating to fraud, as our

procedures are not designed to detect all Instances of non-compliance. By definition, the
risk of our detettion of non-compllance is greater where compllance with a law of
regulatlon Is removed from the events and transactions refletted in the financial
statements. The risk is also greater regarding irregularities due to fraud ratherthan error,
as fraud Involved intentional concealment, forgery, collusion, omlsslon or
mlsrepresentation.
A further description of our responsibilities for the audit of the financial statements Is
located on the Financial Reporting Councll's website at
w￿vW.frC.org.Uklaudlt0rsresPonslbl11tSes. This description forms part of our Report of the
Independent Audltors.
Comparatlve Informatlon
Attention is drawn to the fart that the prior period financlal statements were not subject
to audlt.
Use of our report
This report Is made solely to the charitable company's trustee5, as a body, In accordance
wlth Part 4 of the Charities (Accounts and Reports) Regulatlons 2008. Our audlt work has
been undertaken so that we might state to the charltable company's trustees those
matters we are requlred to state to them In an auditors, report and for no other purpose.
To the fullest extent permitted by law, we do not accept or assume responslbS11ty to
anyone other than the charltable company and the charltable company's trustees as a
body, for our audit work, for thls report or for the oplnions we have formed.
Harrison Beale & Owen Llmited
Chartered Accountants and Statutory Audltor
Ellglble to act as an audltor In terms of Sertlon 1212 of the Companies Att 2006
Highdown House
11 Highdown Road
Leamington Spa
Warwlckshlre
CV311Kr
z( I,,.(i) Lq
191Pa8e

STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacles
1.002.413
36.367
1.038.780
20,820
Charltable actfvltles
Statutory and rehabilitation services
114.794
206.721
321.515
389,073
Other trading actlvltles
Investment income
Other Income
650
650
94.166
10,635
78,242
4,458
94.166
Total
1.211.373
243,738
503,228
EXPENDITURE ON
Ra151ng funds
57,661
57.661
S7,700
Charltable actlvltles
Statutory and rehabllitatlon services
181479
388.637
571.116
644,013
Total
240,140
388.637
628,777
701,713
Net galns1(losses) on Investments
164,422
164.422
(154,622)
NET INCOME/(EXPENDITURE)
Transfers between lunds
1,135,655
93.641)
(144,899)
93.641
990.7
(353,107)
Net movement In funds
1,042,014
(51.258)
990.756
(353,107)
RECONCILIATION OF FUNDS
Total funds brought fonvard
2,660.317
84.706
1745,023
3,098.130
TOTAL FUNDS CARRIED FORWARD
3.702.331
33,448 3,735,779
2,745,023
20IPage

WARWICKSHIRE ASSOCIATION FOR THE BLIND
BALANCE SHEET
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restrirted
funds
funds
Notes
FIXED ASSETS
Tangible assets
Investments
Investments
Investment property
13
401,569
401.569
406,621
14 1.596,878
15
335.040
1.596.878
335,040
1,840,935
125,000
2.333.487
1333,487
2,372,556
CURRENT ASSETS
Stocks
Debtors
Cash at bank and In hand
16
17
2,255
41,640
1.400.671
2.255
41.640
1,435.607
2,255
64,844
342,530
34.936
1,444,566
34.936
1.479.502
409,629
CREDITORS
Amounts falling due within one year
18
(75.716)
{1.494)
(77,210)
(37,162)
NET CURRENT ASSETS
1,368.850
33,442
1,402.292
372,467
TOTAL ASSETS LESS CURRENT
LIABILITIES
3.702.337
33.442
3.735.779
2,745,023
NET ASSETS
3.702,337
33,442
3.735,779
2,745,023
FUNDS
Unrestrirted funds
Restritted funds
19
3.702.337
33,442
2,660,317
84,706
TOTAL FUNDS
3.735,779
2,745,023
The charitable company is entltled to exemptlon from audit under Settion 477 of the Companles Act
2006 for the year ended 31 March 2024.
The rnembers have not deposited notlce. pursuant to Section 476 of the Companies Act 2006 requiring
an audlt of these financial statements.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accountlng records that comply wlth Settions 386
and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the
The notes form part of these financial statements

charitable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sections 394 and 395 and which otherwise
comply with the requirements of the Companies Act 2006 relating to financial statements, so far
as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charltles Att
2011.
The financial statements were approved by the Board of Tnjstees and authorised for Issue on
21st November 2024 and were signed on its behalf by:
Eliza
h Ann Thiebe- Trustee
The notes form part of these financial statements
221Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
CASH FLOW STATEMENT
for the year ended 31 March 2024
2024
2023
Notes
Cash flows from operating actmtles
Cash generated from operations
817,205
(302,200)
Net cash provided byl(used in) operating artivitie5
817.205
(301200)
Cash flows from Investlng actlvltles
PurGhase of tangible fixed assets
Purchase of flxed asset Investments
Purchase of Investment property
Sale of flxed asset Investments
Interest received
Dlvidends received
(1,668)
(449,395)
(210.040)
857.874
37.697
39.736
2,202
1,540
58,469
Net cash provlded by investlng actlvities
275.872
60,543
Change In cash and cash
equlvalents In the reportlng perlod
Cash and cash equlvalents at the
be8lnnlng of the raportlng perlod
1.093.077
(241,657)
342.530
584,187
Cash and cash equlvalents at the
end of the reporting period
1.435,607
342,530
The notes form part of these financial statements
231Page

WARWICKSHIREASSOCIATION FOR THE BLIND
NOTESTO THE CASH FLOW STATEMENT
for the year ended 31 March 2024
RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net Incomel{expendlture) for the reportlng perlod (as per
the Statement of Flnancial Activities)
Adjustments for:
Depreciation charges
(Galn)Ilosses on investments
Interest received
Dlvldends recelved
Decrease in stocks
Decrease/(increase) in debtors
Increasel(decrease} In credltors
990.756
(353,107)
5,051
{164.422)
(37.697)
(39,736)
5,524
154,622
(1,540)
(58,469)
65
{39,806)
(9,489)
23,204
40.049
Net cash provlded byl(used In) operatlons
817,205
(302,200)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
342,530
1.093.077 1.435.607
342.530
1.093,077
1,435.607
Total
342,530
1.093,077
1.435.607
The notes form part of these finanaal statements
241Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
ACCOUNTING POLICIES
Basls of preparlng the financlal statements
The flnancial statements of the charitable company, which Is a public benefit entity under FRS 102,
have been prepared in accordance wlth the Charltles SORP (FRS 102) 'Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts
In accordance with the Financial Reportlng Standard appllcable in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019),. Financial Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland, and the Companles Att 2006. The financial
statements have been prepared under the historical cost convention, wlth the exception of
Investments whlch are included at market value, as modifled by the revaluatlon of certain assets.
The accounts have been prepared in accordance with appllcable accountlng standards. The
princlpal accountlng policies adopted In the preparatlon of the flnanclal statements are set out
below and have remalned unchanged from the prev5ous year.
Preparatlon of consolldated flnanclal statements
The financlal statements contaln Informatlon about Warwickshlre AsSoda￿on for The Bllnd as an
indlvidual company and do not contain consolidated financial informatlon as the parent of a
group. The charlty Is exempt under Section 399(2A) of the Companles Att 2006 from the
requlrements to prepare consolldated financlal statement5.
Income
All income Is recognlsed In the Statement of FSnanclal Actlvltles once the charlty has entitlement
to the funds, it is probable that the income will be received and the amount can be measured
rellably.
Voluntary Income, Includin8 donatlons and legacies, are recognlsed where there is entltlement,
probable recelpt and the amount can be measured wlth sufficlent rellablllty.
Investment income is recognised on a recelvable basls,
Income from charltable activltles Includes grant fundlng subject to speclflc performance
condltions. Grant income included In this category provides funding to SUPPOrt charitable artivitles
and is recognlsed where there Is entitlement, probable receipt and the amount can be measured
with sufficient reliability,
Grant income received from the UKS Coronavlrus Job Retention Scheme has been recognised in
the period in which the related Stsff expense was Incurred. Thls Income has been recognised in
other income.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, It Is probable that a transfer of economic benefits will
be required in settlement and the amount of the obligation can be measured reliably. Expenditure
is accounted for on an accruals basis and has been classified under headings that aggregate all
cost related to the category. Where costs cannot be dlrectly attrlbuted to particular headings, they
have been allocated to activitles on a basis consistent with the use of resources.
Continued ...
251Page

Costs of generating funds are those costs Incurred in attracting voluntary income.
Governance costs include those Incurred in the govemance of its assets and are primarily
associated with constltutional and statutory requirements.
Overhead costs Include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources.
Tanglble fixed assets
Depreciation is prO￿ded at the followln8 annual rates In order to write off each asset over Its
estimated useful life.
Improvements to property
Straight Ilne over 4 years
Continued ...
261Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS- contlnued
for the year ended 31 March 2024
ACCOUNTING POLICIES- contlnued
Tanglble flxed assets
Fixtures and fittings
Computer equipment
Stralght line over 4 years
Straight line over 4 years
No depreclatlon Is provided on the freehold property as the value Included wlthin these financial
statements Is considered to be conslstent with the residual value of the asset concerned.
Flxed assets wlth an individual cost of over £1,000 are capltalSsed,
Investment property
Investment propety is shown at most recent valuation. Any aggregate surplus or deficlt arlslng
frorn changes in fair value is recognised in the Statement of Financial Activities.
Stocks
Stocks are valued at the lower of cost and net reallsable value, after maklng due allowance for
obsolete and slow-movlng items.
Taxatlon
The charlty Is exempt frorn corporatlon tax on Its charitable
Irrecoverable VAT Is Included In the expense heading to whlch the Involce relate5.
Fund accountlng
Unrestricted funds can be used In accordance wlth the charitable objectlves at the dlscretlon of
the trustees.
Restrlcted funds can only be used for partlcular restrlcted purposes within the objects of the
charlty. Restrittions arlse when specifled by the donor or when funds are ralsed for particular
restrlcted purposes.
Further explanatlon of the nature and purpose of each fund Is included In the notes to the flnancial
statements.
Hlre purchase and leasln8 commltments
Rentals pald under operating leases are charged to the Statement of Financial Activlties on a
straight line basis over the period of the lease.
Penslon costs and other post-retlrement beneflts
The charitable company operates a defined contribution pension scheme. Contributlons payable
to the charltable company's pension scheme are charged to the Statement of Financial Attivities
in the period to which they relate.
Debtors and ¢redltors recelvablelpayable wlthln one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transactlon prlce. Any losses arising from impairment are recognised in expenditure.
When employees have rendered service to the charity, short-tem employee benefits to which the
Continued ...
271Pa8e

employees are entitled are recognised at the undiscounted amount expected to be paid in
exchange for that service.
Golng Concern
The financial statements have been prepared on a going concern basis as the trustees believe that
no material uncertainties exlst. The trustees have considered the level of funds held and the
expected level of income and expenditure for 12 months from authorlsing these financial
statements. The budgeted income and expendlture is sufficient with the level of reserves for the
charity to be able to continue as a going concern.
Continued ...
281Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year ended 31 March 2024
DONATIONSAND LEGACIES
2024
2023
Donatlons
Legacies
38,780
1.000.000
18,820
2,000
1,038,780
20,820
OTHER TRADING ACTIVITIES
2024
2023
Fundralslng events
650
10,635
INVESTMENT INCOME
2024
2023
Rents received
Investment portfollo Income
Deposlt account Interest
16.733
39.736
37.697
18.233
58,469
1.s40
94,166
78,242
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Actlvlty
Statutory and rehabllltatlon servlces
Grants
321,515
389.073
Grants recelved, included Sn the above, are as follows:
2024
2023
w.c.c.
Big Lottery
Other grants below £10,000
Garfield Weston Foundation
213,602
50.718
37,195
20.000
210,066
116,629
62,378
321,515
389,073
Contlnued ...
291Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS- contlnued
for the year ended 31 March 2024
RAISING FUNDS
Ralslng donatlons and legacies
2024
2023
Staff costs
Sundries
57.661
55,982
1,718
57,661
57,700
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 8)
Dlrect
Costs
Totals
Statutory and rehabllitation senAces
423.075
148.041
571.116
SUPPORT COSTS
Governance
costs
Management
Flnance
Other
Totals
Statutory and
rehabilitation services
125.676
4.981
72
17.312
148.041
NET INCOMEI(EXPENDITURE)
Net Incomel(expendlture) Is stated after char8ingl(credltlng):
2024
2023
Audltors, remuneratlon
Depreclatlon - owned assets
Other operatlng leases
6,300
5.052
4.688
5,524
7,586
10. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits forthe year ended 31 March 2024 nor for
the year ended 31 March 2023.
Trustees. expenses
There were no trustees, expenses pald for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Continued ...
301 Pase

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year ended 31 March 2024
11. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
413,442
31.428
11,267
437,835
36,077
11,514
456.137
485,426
The average monthly number of employees durin8 the year was as follows;
2024
2023
22
Charltable and admlnlstratlve staff
No employees recelved emoluments In excess of £60,000.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestritted
Total
Restrlcted
funds
funds
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
16,27S
4,545
20,820
Charltable actlvltles
Statutory and rehabilltatlon services
SO,081
338.992
389,073
Other tradlng actlvlties
Investment Incorne
Other income
10,635
10,635
78,242
4,458
78,242
3,718
740
Total
148,316
354,912
503,228
EXPENDITURE ON
Raising funds
56,595
1,105
57,700
Charltable actlvltles
Statutory and rehabilitation seNlces
256,888
387,125
644,013
Total
313,483
388,230
701,713
Net gainsl(losses) on investments
(154,622)
(154,622)
NET INCOMEI(EXPENDITURE)
(319,789)
(33,318)
(353,107)
Contlnued ...
31 IPage

Transfers between funds
{70,157)
70,157
Net movement In funds
(389,946)
36,839
(353.107)
RECONCILIATION OF FUNDS
Totsi funds brought forward
3,050,266
47,864
3,098,130
TOTAL FUNDS CARRIED FORWARD
2,660,320
84,703
2,745,023
Contlnued ...
321Page

WARMCKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year ended 31 March 2024
13. TANGIBLE FIXED ASSETS
Improvements Fixtures
to
and
property
fittings
Freehold
property
Computer
equipment
Totals
COST
At 1 Aprll 2023 and
31 March 2024
396.192
19.398
44.015
2.916
462.521
DEPRECIATION
At 1 AprS12023
Charge for year
19.398
35,461
4.325
1,041
727
55.900
5,052
At 31 March 2024
19.398
39,786
1.768
60.952
NET BOOK VALUE
At 31 March 2024
396.192
4.229
1,148
401.569
At 31 March 2023
396,192
8,554
1,875
406,621
14. FIXED ASSET INVESTMENTS
Usted
investments
MARKET VALUE
At l Aprll 2023
Addltlons
Disposals
Revaluations
1.840,935
449.395
(857,874)
164.422
At 31 March 2024
1.596.878
NET BOOKVALUE
At 31 March 2024
1,596.878
At 31 March 2023
1.840,935
There were no Investment assets outside the UK.
Cost or valuatlon at 31 March 2024 Is represented by:
Llsted
Investments
Valuatlon in 2024
Cost
146.950
1.449.928
1.596.878
Continued ...
331Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year ended 31 March 2024
15. INVESTMENT PROPERTY
FAIR VALUE
At 1 April 2023
Additions
125,000
210.040
At 31 March 2024
335.040
NET BOOKVALUE
At 31 March 2024
335.040
At 31 March 2023
125,000
16. STOCKS
2024
2023
Stocks
2.255
2,255
17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments and accrued Income
379
41,261
52,879
11,96S
41,640
64,844
18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YeAR
2024
2023
Trade creditors
VAT
Other creditors
Accruals and deferred Income
61.414
21,587
755
2,983
11,837
2,661
12.648
77,210
37,162
Continued ...
341Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS- contlnued
for the year ended 31 March 2024
19. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestrlcted funds
General fund
Clubs and branches and other
financial obligations
Operations contingency fund
Premises reserve
Long term investment
94.315
935.100
{54.108)
975.307
51.471
153.596
395.000
1,965.935
(4.308)
47.163
153.596
395.000
(39.533) 2,131.271
204.869
2,660,317
1,135.661
{93.641) 3,702,337
Restrlcted funds
Home visitor service general
VlsSon 5UPPOrt centres
Clubs
Magazlne
Rehabilltatlon sepoices
IT4U General
Equipment
(22,185)
(31.745)
(16.083)
(11.546)
(64,179)
833
20,691
(1.494)
33,637
65,382
1.758
14.325
11.546
47,079
17.100
833
466
466
84.706
(144.905)
93,641
33,442
TOTAL FUNDS
2.745.023
990,756
3,735.779
Net movement in funds, included In the above are as follow5:
Incomlng
resources
Resources
expended
Galns and Movement
losses
In funds
Unrestrlcted funds
General fund
Clubs and branches and other
financial obligations
Long term Investment
1.170,854
(235,754)
935.100
(4.308)
(72)
(4.308)
204,869
40.519
164.422
1.211.373
(240.134)
164.422
1.135,661
Restrlrted funds
Home visitor service general
Vision support centres
Clubs
Magazine
Rehabilitation services
IT4U General
90,715
49.829
992
651
97.796
3.755
(112,900)
(81.574)
{17.075)
(12.197)
(161.975)
{2.922)
(22.185)
(31.745)
(16.083)
(11.546)
(64.179)
243.738
{388.643)
(144.905)
TOTAL FUNDS
1.455.111
(628.777)
164.422
990,756
Continued ...
351Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS- continued
for the year ended 31 March 2024
19. MOVEMENT IN FUNDS- continued
Comparatlves for movement In funds
Net
movement
In funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unrestrlrted funds
General fund
Clubs and branches and other
financial obllgatlons
Operatlons contlngency fund
Innovation fund
Premlses reserve
Long term investment
(239,323)
333,638
94.315
55,266
400,000
400.000
395,000
1,800,000
(3,795)
(246,404)
(400,000)
51,471
153,596
395,000
1,965,935
(80,469)
246,404
3,050,266
(319,792)
(70,157) 2,660,317
Restrlcted funds
Home vlsltor service general
Advlce desks
Economlclsoclal empowerment
Vlslon support centres
Clubs
Access to work
Rehabilltatlon servSces
IT4U General
Equipment
3,793
2,932
12,501
20,800
6,735
(16,518)
(34,862)
(23,923)
47,240
(15,834)
(1,282)
19,491
(21,406)
13,779
12,725
31,930
11,422
{2,658}
10,857
1,282
(2,391)
21,406
(14,416)
65,382
1,758
17,100
1,103
466
47,864
(33,315)
70,157
84,706
TOTAL FUNDS
3.098,130
(3S3,107)
1745,023
Comparatlve net movement In funds, Included In the above are as follows..
Incomlng
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestrlcted funds
General fund
Long term Investment
71,613
76,702
{310,936)
(2,549)
(239,323)
(80,469)
(1 $4,622)
148,315
(313,485)
(154,622)
(319,792)
Restricted funds
Home visitor seNice general
Advice desks
EconomiGlsocial empowerment
Wision support centres
1,499
(1)
(18,017)
(34,861)
(23,923)
(78,546)
(16,518)
(34,862)
(23,923)
47,240
125.786
Continued ...
361 Page

Clubs
Access to work
Rehabilitation services
IT4U General
Equlpment
1,239
2,115
210,066
30
14,179
(17,073)
(3,397)
(190,575)
(21,436)
(400)
(15,834)
(1,282)
19,491
(21,406)
13,779
354,913
(388,228)
(33,315)
TOTAL FUNDS
503,228
(701,713)
(154,622)
{353,107)
Continued ...
371Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS- continued
for the year ended 31 March 2024
19. MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year12 months comblned posldon Is as follows:
Net
movement
In funds
Transfers
between
funds
At
31.3.24
At 1.4.22
Unrestrlcted funds
General fund
Clubs and branches and other
financial obligations
Operatlons contlngency fund
Innovatlon fund
Premlses reserve
Long term investment
69S,777
279.530
975,307
55,266
400,000
400,000
395,000
1,800,000
(4,308)
(3,795)
(246,404)
(400,000)
47,163
153,596
395,000
2,131,271
124,400
206,871
3,050,266
815,869
(163,798) 3,702,337
Restrlcted funds
Home vlsltor servlce general
Advlce desks
Economidsoclal empowerment
Vlslon support centres
Clubs
Magazine
Access to work
Rehabilltation services
IT4U General
Equipment
3,793
2,932
12,501
20,800
6,735
(38,703)
(34,862)
(23,923)
15,495
(31,917)
(11,546)
(1,282)
(44,688)
(20,573)
13,779
33,416
31,930
11,422
{2,658)
2S,182
11,546
1,282
44,688
21,406
(14,416)
(1,494)
33,637
833
466
1,103
47,864
(178,220)
163,798
33,442
TOTAL FUNDS
3,098,130
637,649
3,735,779
Continued ...
381Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS- contlnued
for the year ended 31 March 2024
19. MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months comblned net movement in funds, included
in the above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestrlcted funds
General fund
Clubs and branches and other
financial obligatlons
Long term investment
1,242,467
(546,690)
695,777
{4,308)
(2,621)
(4,308)
124,400
117,221
9,800
1,359,688
{553,619)
9,800
815,869
Restrlcted funds
Home vlsltor servlce 8eneral
Advice desks
Economiclsocial empowerment
VSslon support centres
Clubs
Magazlne
Access to work
Rehabilitation seNlces
IT4U General
Equipment
92,214
{1)
(130,917)
(34,861)
(23,923)
(160,120)
(34,148)
(12,197)
(3,397)
{352,550)
(24,358)
(400)
{38,703)
{34,862)
(23,923)
15,495
(31,917)
(11,546)
(1,282)
(44,688)
(20,573)
13,779
175,615
2,231
651
2,115
307,862
3,785
14,179
598,651
(776,871)
(178,220)
TOTAL FUNDS
1,958,339 {1,330,490)
9,800
637,649
General funds are avallable for use at the dlrettors/trustees' discretion In furtherance of the
objectives of the charity. Designated funds are amounts set aside out of general funds for use on
speclflc projects. Restricted funds are funds which are to be used in accordance with specific
restrictions imposed by donors or which have been raised by the charlty for partlcular purposes.
EMPLOYEE BENEFIT OBLIGATIONS
The charity operates a defined contrlbutlon pension scheme in respect of certaln employees. The
scheme and its assets are held by Independent managers. The pension charge represents
contributions due from the charity and amounted to £11,267 (2023 - £9,289). Outstanding
contributlons to the fund at the yearend totalled £1,847 {2023- £1.888).
Deflned benefit plans
The charity participates in the Warwickshire County Council Pension Fund, a multi-employer
deflned benefit final salary scheme where the share of the assets and liabilities applicable to each
employer is not identifiable. As such the scheme is accounted for as If Itwas a defined contribution
scheme. The amount recognised as an expense in the period wa5 £nil (2023 - £2,225) and there
was a defined benefit contributlon Ilablllty of £nil (2023- £nil) at the year end.
Continued ...
391 Page

WARWICKSHIRE ASSOCIATION FOR THE BLIND
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year ended 31 March 2024
21. RELATED PARTY DISCLOSURES
There were no related party transactlons for the year ended 31 March 2024.
CONTROLLING INTERESTS
The direttorrtrustees are considered to be the ultimate controlling parties by virtue of their ability
to att in concert In respect of the financlal and operatin8 policies of the charlty.
This page does not form part of the statutory financial statements
401 Pa8e