## ROTARY CLUB OF GUILDFORD EVE PROJECT 

## TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 

The Trustees present their report together with the financial statements of Rotary Club of Guildford Eye Project ("the Charity"), trademarked as Global Sight Solutions, for the year ended 30 June 2024. 

## REFERENCE AND ADMINISTRATIVE DETAILS 

The charity is a Registered Charity, number 1127630. 

## Trustees 

The Trustees of the charity who have held office since | July 2023 are as follows: 

Andrew Michael Jackson 

Clive Dodd Addis-Jones (died 27 October 2024) John Ranger Miles Kenneth Morris (resigned 30 June 2024) Fiona Pauline Miles Olayinka Oyetokunbo Osoba Grant Stuart Connell 

Principal Address Andrew Michael Jackson 3 Ashcroft Shalford Guildford Surrey GU4 8JT 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

The charity is an unincorporated trust constituted under a Declaration of Trust dated 10 April 1991 as varied with the consent of the Charity Commission by two Trustees’ Resolutions (1. to extend the Area of Benefit to Worldwide and 2. to change the name of the charity to Rotary Club of Guildford Eye Project) and by a Declaration or Deed of Variation of Trust dated 2 November 2016. The charity is registered as a charity under number 1127630. The Charity also operates under the working names of Global Sight Solutions (for which there is a registered Trade Mark) and Guildford Rotary Eye Project. New Trustees are nominated by the Rotary Club of Guildford Wey (successor to the Rotary Club of Guildford). Trustees serve for a period of five years and are eligible for a re-appointment for a further five years period and thereafter subject to review by the Trustees. There is a minimum number ofthree Trustees and a maximum number of seven Trustees. The Trustees meet as and when the need arises. The Trustees will explain to a newly-appointed Trustee the powers and responsibilities of Trustees and will provide the necessary background information and training. 

No remuneration is paid to Trustees and no expenses are paid on behalf of Trustees or reimbursed to them. The Trustees have reviewed the risks to which the charity is exposed and are reviewing, if necessary, the steps which need to be taken to mitigate those risks. 



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ROTARY CLUB OF GUILDFORD EYE PROJECT 

## TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 (CONTINUED) 

## OBJECTIVES, PUBLIC BENEFIT AND ACTIVITIES 

The charitable objectives of the charity are the relief and cure of defects and diseases affecting the eyes and vision of people worldwide although the principal area of operation has been in West Bengal, India. The Trustees confirm that they have complied with the duty in the Charities Act 2011 to have due regard to the guidance published by the Charity Commission regarding public benefit reporting. The Trustees believe that donation of funds to the wide range of international recipients as detailed in these financial statements constitutes the proper provision of public benefit. The activities are determined by the Trustees. Income is derived both from fundraising activities, investment income and voluntary donations by members and outside parties (including other Rotary Clubs). 

## ACHIEVEMENTS AND PERFORMANCE AND FINANCIAL REVIEW 

The charity received income of £27,456 as shown in the Statements of Financial Activities on page 6. Donations to The Rotary Foundation during the year amounted to £28,817. At 30 June 2024 the balance held in the General Fund was £91,406. 

Donations to The Rotary Foundation are made to fund the grants that the charity has applied for in order to fund relevant projects. The Rotary Foundation does not benefit from donations made by the charity. 

## Reserves policy 

The reserves of the charity are maintained at levels to enable it to provide funds as and when required in order to achieve its objectives. 

This report was approved by the Trusteeson 24*M«& & XoL% and was signed for and on behalf of the Board of Trustees by: 

Andrew ieee a Date: We Kure lord 



## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ROTARY CLUB OF GUILDFORD EYE PROJECT 

I report on the financial statements of Rotary Club of Guildford Eye Project for the year ended 30 June 2024, which are set out on pages 4 to 6. 

## Respective responsibilities of trustees and examiner 

The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act; 

- ~ to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act; and 

- - to state whether particular matters have come to my attention. 

## Basis of independent examiner’s report 

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. 

## Independent examiner’s statement 

In connection with my examination, no matter has come to my attention: 

- (1) which gives me reasonable cause to believe that in any material respect the requirements: 

   - e to keep accounting records in accordance with section 130 of the 2011 Act; and 

   - e to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act 

have not been met; or 

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 


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## CHARTERED ACCOUNTANT 

Date 24 Wad 2025 



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## ROTARY CLUB OF GUILDFORD EYE PROJECT 

## BALANCE SHEET AT 30 JUNE 2024 

||Notes|2024|2023|
|---|---|---|---|
||ee||ae|
|CURRENT ASSETS||||
|Bank balances||||
|CAF Bank||89,466|97,495|
|MetroBank||1,940|1,940|
|||91,406|99,435|
|CURRENTLIABILITIES||oo|———-|
|Creditors: Amounts fallingdue within one year||-|-|
|NET CURRENT ASSETS, TOTAL ASSETS LESSCURRENT||||
|LIABILITIESANDNETASSETS||91,406|99,435|
|REPRESENTED BY:||||
|General Fund|1|91,406|99,435|
|||91,406|99.435|



The financial statements on pages 4 to 6 were approved by the Trustees and authorised for issue on Dats Ne, eo. 20929 , and are signed for and on behalf of the Board of Trustees by: 

Andrew M Jackson — Trustee Date: 2um Mind 102% 



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## ROTARY CLUB OF GUILDFORD EYE PROJECT 

## NOTES TO THE BALANCE SHEET 

||||2024|2023|
|---|---|---|---|---|
||||—£|—£|
|1.|GENERAL|FUND|||
||Balance brought forwardat 1 July 2023||99,435|118,072|
||Net(expense) forthe year (see page 6)||(8,029)|(18,637)|
||Balanceat30|June2024|91,406|99,435|





## ROTARY CLUB OF GUILDFORD EYE PROJECT GENERAL FUND 

## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 

||2024|2023|
|---|---|---|
||—£|—£|
|Income (Restricted)|||
|Donations|||
|Donations—UnitedKingdom donors|5,906|20,131|
|Donations—Rotary Clubs|19,093|17,815|
|Shop collecting boxes|-|-|
||24.999|37,946|
|Investments|||
|Bank interest|2,457|865|
|Total|27,456|38,811|
|||.|
|Expenditure|||
|Charitable activities|||
|TheRotary Foundation|28,817|56,849|
|Website development costs|6,000|-|
|Just Giving charges|306|72|
|Bank charges|112|74|
|Professional fundraisers|-|453|
|Trademark costs|250|-|
|Total|35,485|57,448|
|Net(expense)(seepage5)|(8,029)|(18,638)|



