REGISTERED COMPANY NUMBER.. 06972185 IEriEland and.W31e51
REGISTERED CHARITY NUMBER: 1132353
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024
FOR
LINCOLN & LINDSEY BLIND SOCIETY

LINCOLN & LINDSEY BLIND SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Annual report of the Trustees
Independent Examlner's Report
Statement of Financial Activlties
Balance Sheet
Iotoll
Notes to the Financlal Statements
12to20

LINCOLN & LINDSEY BLIND SOCIETY
Report of the Trustees
For the year ended 31 March 2024
The Trustees, who are also directors of the charity for the purposes of the Companies Act 20061 present
their report with the financial statement5 of the charity for the year ended 31 March 2024. The Trustees have
adapted the provisions of the Statement of Recommended Practice1SORPI 'Accounting and Aeporting by
Charities, issued in January 2019,
Reference and adminlstratlve detalls
Reglstered Charlty narne
Lincoln & Lindsey Blind Society
6972185 (England & Walesl
Company reglstratlon number
Reglstered Charlty nurnber
Registered office
1132353
Bradbury House
Ramsgate
Louth
LNII ONB
Trustees
Mr T Dixon (Chairl
Mr J Durham (Vice Chalrl
Mrs A Moore
Mr H Genn
Mr l< Kelsey
Mrs D Selfe
Mr R Edmonds
Ms L A Peacocl<
Mrj Coles
Mi55 C Challis (Co-opted 28th November 20231
Mrs M Johnson
Company Secretary
-Independent Exarrilner
Mrs Susan kitchen ¢CtA
The Old School House
Wainfleet Road
Irby in the Marsh
Skegness
Lincs
PE24 SAY
Bankers
Unity Trust
Nine Brindley Place
Birmingham
812HB
HSBC Ban1< PLC
Stonebaw 8ranch
221 High Street
Lincoln
LNI ITS
Investment Advisers
Investec Wealth & Management
2 Gresham Street
London
EC2V 7QP
Chief Executive
Mr5 M Johnson
Page I

LINCOLN & LINDSEY BLIND SOCIETY
Report of the Trustees
For the year ended 31 March 2024
Structure, Governance and Management
Governing Document
The charity is contro I led by its governing document, a deed of trust, a nd constltutes a limlted compa ny,
limited by guarantee, as defined by the Companies Act 2006.
The charityls an incorporated company limited by guarantee and controlled by its Memorandum and Articles of
Association IM&A'sl,
The society was origlnally establlshed in 1921 and incorporated in July 2009.
Organisatlonal Structure
Overall control Is exerclsed by the Trustees who form the Executive Committee, The ExecutSve Commlttee
consists of not less than 3 and not more than 18 members, One third of the Trustees are subject to retlrement
by rotation at the Annual General Meeting each year.
The Executive Committee met4 times during the last year. They were supported by the Finance and General
Purposes Sub-committee.
The head office, Bradbury House, 15 the adrnlnlstrative base.
The day-to-day actlvities Include the provlslon of a reso urce centre, social cl ubs In hired premises, a
Tal l<ing News a nd tra nscribl ng sernice, a befriending service ma naged by Volunteer Co-ordinators, eye cllnlc
support desl<s, IT trainlng and a toam of five Sight Impairment Officers who support the clients in their own
homes. Many volunteers help with the activities as well as the befriending service,
Management is delegated to a Chief Executive, Sight Impairment Officers are managed by a Community Services
Manager, volunteers are managed by Volunteer Co-ordinators and finances are rnanaged by a Finance Manager.
The Trustee's investment powers are prescrlbed in the Society's governlng document. The Trustees are
permitted to Invest any monies of the charity not immediately required for its purpose in or upon such
investments, securities o r property as the Executive Com m ittee shall thlnk fit and is a I lowed by law.
The Trustees have mal nt31 ned the investment portfol io throughout the year with the 35SiSta nce of investment
advisors, There has been a realised gain of £26,819 in the year on the investment assets.
Page 2

LINCOLN & LINDSEY BLIND SOCIETY
Report of the Trusteos
For the year ended 31 March 2024
Risk Management
The Trustees are responsible for ensuring that there are effective and adequate risk management Bnd internal
contral systems in place to manage the major ris1(5 to which tho charity is exposed. It discharged th￿5
responsibility through its annual Risk Management Audit.
This is designed to support inlormed decision mal<ing regarding risks that affect the charity's performance and
its ability to achieve its objective5. It also provides for a consistent approach to identifying, assessing and
dealing wlth the risks facing Llncoln and Lindsey Blind Society, It Should be noted that the audit is designed to
manage, rather than eliminate, the risks to the charity's objectives and to provide reasonable, but not absolute,
assurance against material misstatement or loss.
The major risl<s and uncertainties facing the charity, together with a summary of our plans and strategie5 for
mitigating those risks are provided below
Risk
Resources,. Increased competition for statutory
and grant income, changes in market conditions
and client behaviour and contlnued economlc
pressure on incorne,
Management
Robust financial frameworl<, cost reduction strategies,
continge ncy p la ns to protect core services, reserve5
policy,
It Is accepted that the long term sustainabllity of
remaining an independent charity 15 something that
requires careful monitoring.
More clients using the service
staffing levels are monitored reuularly by the Chief
Executive and reported to the Executive Committee
where necessary,
Recruitment policies and procedures.
Staffing,, Talented staff are not attracted, developed
and retained in an incre3singly competltive labour
mar1(el. We also need to be aware that some staff
could retire at similar times.
Formal reviews, appraisals and development plans.
Salary Reviews. Staff training and progression to be
encouraged.
Comprehensive trainin8 and awareness programme
for all staff.
Reputation and Operation.. Events that could impact
reputation and operations, This could include a
serious fraud or significant health and safety
incident,
Regular reviews and reports to the Executive Committeo,
Safeguarding of staff, clients and volunteers
Govornance and Processes,. No adequate or
appropriate governance and processes in place,
Risk assessments and policies are in place.
Governance Policy and Trustee Manual in place.
Five year strategy in place.
Data Protection Breach
stri ngent d ata protection and cyber security pol icies in
place, along with privacy statements. Programme of
training for staff.
Focusing on the needs of people with a visual
impairment and increased involvement of clients in
the development of the organisation and services.
Cyber Security
External Environment: Inability to respond
effectively to a significant change in the external
environment.
Partnership working.
Monitor sector and act on any significant change.
Page 3

LINCOLN & LINDSEY BLIND SOCIETY
Report of the Trustees
Forthe year ended 31 March 2024
Objectlves and Activities
Objectives and aims
We seek to enhance the quality of life of blind, partially sighted and visually impaired people, whatever their
age, disability, gender reassignment, marital or clvil partnership status, pregnancy and maternity, race, (which
includes colour and ethnlc/national origin), religion Dr belief, sex or sexual orlentation throughout the whole of
North Lincolnshire, North East Lincolnshlre, the City of Lincoln and the East and West Lindsey districts of
Lincolnshire County Council,
aur objectives for the year were as follows.,
To further develop services for client5 In all areas
Pro mote fundraising to i mprave the Society f i nances by havi ng a standing Item on the Executive
Committee agenda.
To contlnue ourvolunteer recruitment and development programme,
To fu rthe r deve IDP the Benef it Advice project a nd obtain continuation funding for the project.
Further development of our funding sources.
The employment of a Publicity Co-ordinator to raise the awarene55 of the Society with local people
,and businesses to help visually Impaired people in our area.
To further develop an IT equipment/support fund to provide tralning for cllents.
Encou ragement of staff trai ni ng a nd progression and review of pay scales.
To work with other societies to obtain the servlces requlred for our clients
To achieve the objects Df the Society we employ domicillary vlsltors to enable our clients to lead as
independent and fulfilling Ilve5 a5 possible. Soclal clubs and a befriending service are established throughout
the area to provlde social interaction and actlvlties,
.Slgnlficant activitles
Throughout the three local authority areas, acr05s 1500 square mlles, we havo provlded informatlon, support and
assistance via our Sight Impairment Officers on an individual basis 1807 times this year, Over 76% of our total
cl lent group of 1479 are over 65, ma ny experience other disabilities wh ich, when added to Slght loss, can be
debilitatlng.
Many referrals for assistance come to us via Social Services depa rtments a nd these 'partnershl p, relationships
require us to be able to prove outcomes.
Matters considered by the Executlve Committee included:.
The development of funding sources.
Em ployment of a Publicity Co-ord inato r to hel p ra ise the awareness of the Soclety.
The updating of the Head Office telephonè system to ensure compliance wlth the upgrading of
landlines to digital technology,
U pdating of the Society bvebsite.
Increased presence on soclal medla to raise awareness forvlsually impaired people in the area,
Providing new laptops for community staff to ensure they are up to date with technologyto meet
the needs of our clients.
Ensuring the Sight Impai rment Qfflcers are adequately tra ined to provide the Benefit Advice Project.
Changes brought about by the Charities Act 2022.
Ensuring the Sight Impairment Off icer's equipment is as UP to date as possible, meeting the needs
of our cllents,
Changes to Employment Law.
Completing salary reviews to ensure we help to meet the needs of our staff In the present cost of
living crisis.
Page 4

LINCOLN & LINDSEY BLIND SOCIETY
Repo rt of the Trustees
For the year ended 31 March 2024
Achievement and Performance
Charita ble activities
Slght Impalrment Officers
Our Officers visit clients in their own homes and give advice and help which allows them to live an independent
life. In some cases it is the family of the blind or partially sighted person who needs advice and assistance and
they will also worl< with them.
Beneflt Advice
The benefit advice service rermoves the barriers and difficulties, both mental and physical, that visually impaired
people face in claiming benefits to which they are entitled, as soon as possible after diagnosis.
Our Specialist adv150rs visit visually impaired people In their own homes. They provide Welfare Benefits advice
and informatlon, help complete applications for a range of in-worl< and out-of-worl< benefits, and provide
advocacy and representation at appeal.
Befriending Service
Volunteers provide a befriending service to our clients, under the supervision5 of our Volunteer Co-ordinators.
We currently have clients matched with Volunteers on a one to one basis, engaging in varlous actlvities such
as wall(ing, swimming, shopping and social visits, the volunteers also provide telephone support.
We have clients and volunteers attending groups and the 3Ctlvities they tal<e part in Include reading, carpet
boiNls, ten pin bowling, craft, rambling, gardening and games.
Talklng Newspapers
Volunteers produce the Louth Leader, Skegness standard, Lincolnshire Echo, Grlmsby Telegraph and
-Gainsborough Standard as a Tall<ing Newspaper weekly, which is sent out to members referred by Sight
Impairment Officers, We also provide information regarding local talking newspapers for other areas.
Eye Clinic Support and Infcrrnation Servlce
We have an Eye Clinic Support Desk in Scunthorpe hospital, where volunteers offer advlce and support to
people at the point of diagnosis. Our trained volunteers help patients with any enquiries or concerns they may
have about coping with eyesight problems,
IT Proloct
Blind and partially sighted people face restrictions and barriers in undertaking tasks that most of us take for
granted, especially in using the internet.
We run the IT project to provide a basic understanding of tablets and smart phones. Training sessions are usuallv
on a one-to-one basis with volunteers who understand visually impaired people's needs.
Resource Centre
We provide a Resource Centre in Louth where advice and information can be found and equipment seen and
tested. We can supply a variety of specialist equipment, including daily living aids, talking clocks, watches
and games, etc,
Page 5

LINCOLN & LINDSEY BLIND SOCIETY
Report of the Trustees
For the year ended 31 March 2024
Flnanclal Revlew
Funding for objectives comes from a number of sources as set out in the statement of financial activities,
which the Trustees continue to loo1< to develop.
Reserves Pollcy
The Society has a Designated Reserve Funds, the '8enefit Advice Project IBAPI which runs until April 2024,
The BAP was esta bl ished to f und over a four-year period f ro m April 2020 the Soci ety's contri bution of the costs
of th is service. The Trustees considered It was necessary to establ ish this fund to e nsure the Society could meet
its obllsations under the terms of the funding agreement by the 3Sg Lotterv..
Additio nal ta the above the Trustees have esta blished a reserves policy whereby the unrestricted f unds not
comm itted or Invested In tangi ble assets or designated f u nds (being the "free reserves" I held by. the Society
should be sufficient to enable the Society to continue its activities in the event of a significant drap in its Income
from legacles, donatlons a nd gifts. The Trustees consider the level of free rese rves should répresent adequate
working capital for twelve months expenditure. After taklng account of the tangible fixed asset5 which total
£ 157,964 and designated funds of £21,927 the free reserves of the Society as at the.31st March 2024 amounted
to £192,270.
Asset cover for funds
The balance sheet sets out an analysis of the assets attributable to the various funds and description of the
trusts. These assets are sufficient to meet the charity's obligations on a fund by fund basis.
Future Development5
We will continue ourfundraising efforts towards the funding and development of o.ur.servi.ces.
Continuation and develcpment of the befriending service.
We will Continue to develop working relationships with other societies to obtain the services required for our
clients, to be able to respond to their changing needs.
Continued provision of the IT project and change with the needs of our clients as well as new technology.
Ensure funding is available for the continuation of the Benefit Advice Project, to ensure we maximi5e our client5,
finances,
Work with our Publicity Co-ordinator, to raise awareness of the Society, ensuring we meet the needs of vlsually
impaired people in our area.
Ensurlng all staff are trained and adequatley equipped to provide for the needs of the visually impaired people
in our area,
Regularly reviewing our stafflng structure to ensure it meets the needs of our clients.
Ensure all the Society services continue to meet the needs of the people we serve.
Page 6

LINCOLN & LINDSEY BLIND SOCIETY
Report of the Trustee5
For the y@ar ended 31 March 2024
5 latement of Trustees Responsibilities
The trustees are responsible for preparing the Trustees report and the accounts in accordance wlth applicable
laiN and reaulations.
Company law requires the trustees to prepare accounts for each financial year,
Under that law the trustees have elected to prepare the accounts in accordance wlth United l<ingdam
Generally Accepted Accounting Practice (United Accounting Standard5 and ap'plicable lawl. Under company
law the trustees must not approve the at¢ounts unless they are satlsfied that they glve a true and fair:view of
the state of affalr5 of trhe company and of the profit or1055 of the company for that perlod. In preparing these
accounts, the Irustees are requlred to,,
select suitable accountring policies and.then apply them conslstently,.
make judgements and estlmales that,are reasonable-and:prudent,.;
prepare the financial statement5 0.n.the gojng concern basis unless It is inapprapriate to presume
that the company will Continue in business,
The trustees are responsible for keeping adequate accounting records that are sufflclent to show and explain
the company's tran5action5 and disclose with reasonable accur4cy a¢.any.time the f.inanc.ial position of.lhe
company and enable them tp ensure that the accounts cc)mply with the.Companies Act 200.6. They are also
re5pon5ible for safeguarding the assets of.the company and hence foi'tal(Ing reasonable steps for the
prevention and detection of fraud and other Irreuularlties.
ON 8EHALF OF THE BOARD
1r rim Dixon IChairper50nl Trustee
Date
Page 7

LINCOLN & LINDSEY BLIND SOCIETY
Report of the Trustees
For the year ended 31 March ZD24
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LINCOLN & LIMDSEY BLIND SOCIETY
I report to the charity trustees on my examination of the accounts of the company for the year ended
31 March 2024 set out on pages 10 to 21.
Responslbilitles and basls of report
As the charlty's trustees of the company land also its director&for the purposes of company lawl you are
responsible for the preparatlon of the accounts in accordance with the requirements of the Companies Act 2006
I'the 2006 Act:).
Havlng 5atlsfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and arE eligible for independent examination, I report in respect of my examination of your company's
accounts as carrled cut under section 145 of the charlties Act 20111'the 2011'Act'). In carring out my examination
I have followed the directiorts given by the Charity Corlimission under section 14515llbl of the 2011 Act.
Independent examlner's statement
Since the company's gross income exceeded £250,000 your examiner must be a member of a body Ilsted In
section 145 of the 2011 Act. I conflrm that l am quallfled to undertake the examination because l am a member
of the Association of Chartered Certified Accountants, wihlch is one of the listed bodie5.
I have completed my examlnatlon, I ccnfirm that no matter5 have come to my attention in connectlon with the
examination giving me cause to believe that In any material respect,,
l. accountlng records were nct l<ept In respect of the company as required by Section 386 of the 2006 Act,, or
2. the accounts do not accord with those records,, or
3. the accounts do nat comply with the accounting requirements of Sectlons 396 of the 2006 Act other than the
accounts give a'true and falr vlew, which is not a matter considèrted as part of an Independent examination,. or
4. the acGounts have not been prepared In accordance with the methods and prlnciples of the statement of
Recommended Practice for accounting and reporting by charities (applicable to charlties preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland
IFRS 1021
I have no concerns and have come across no other matters in connection wlth the examination to which
attentlon should be drawn in this report in order to enable a proper understanding of the account5 to be reached.
Date,.
Mrs Susan Kitchen FCCA
The Old school House, Wainfleet Road, Irby in the Marsh, Skegness, Llncs, PE24 SAY
Page 8

LINCOLN & LINDSEY BLIND SOCIETY
REGISTERED COMPANY NUIWBER: 06972185
STATEMENT OF FINANCIAL ACTIVITIE5
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
Funds
2023
Total
Funds
Unrestricted Restricted
Funds
Funds
Note
INCOMING RESOURCES
Incorning resources from
generated funds
Voluntary income
Activities for generatlng funds
Investment Income
Incorning resources from
.charltable activities
Activities in furtherance of the
ha rity's objects
Total Incomlng Resources
113,536
8,517
4,241
156,198
269,734
8,517
4,241
326,874
1,453
3,695
35,478
161,772
35,478
317,970
32,731
364,753
156,198
RESOURCES EXPENDED
Costs of generatlng funds
Fundraislng trading,. cost of
goods sold and other costs
Charltable activities
Activities in furtherance of the
charity's objects
Goverance costs
Total Resources Expended
19,342
19,342
11,442
208,497
9,486
237,325
172,340
380,837
9,486
409,665
341,699
9,692
362,833
11
172,340
NET INCOMING/IOUTGOING}
RESOURCES
-75,553
-16,142
-91,695
1,920
Other recognlsed gainsllosses
Realised gain5110sses Dn Sale of
fixed asset investments
26,819
26,819
14,620
Net movement in funds
-48,734
-16,142
-64,876
16,540
RECONCILIATION OF FUNDS
Total funds brought forward
399,195
83,846
483,041
466,501
TOTAL FUNDS CARRIED FORWARD
350,461
67,704
418,165
483,04L
Page 9

LINCOLN & LINDSEY BLIND SOCIEry
REGISTERED COMPANY NUMBER: 06972185
BALANCE SHEET
AT 31 MARCH 2024
2024
Total
Funds
2023
Total
Funds
Note
FIXED ASSET
Tangi b le Restricted Assets
Land & 3uildings
Investments
17
17
18
7,964
150,000
224,623
382,587
12,506
150,000
264,191
426,697
CURRENT ASSETS
Stocks
Debtors & Payments In Advance
Cash at Ban1<.
5,606
7,166
52,979
7,333
10,103
62,353
79,789
19
CREDITORS
Amounts falling due
within one year
20
30,173
30,173
23,445
23,445
NET CURRENT ASSETS
35,578
56,344
TOTAL ASSETS LESS
CURRENT LIABILITIES
418,165
483,041
NET ASSETS
418,165
483,041
FUNDS
Unrestricted funds
Restricted funds
TOTAL FUNDS
21
350,461
67,704
418,165
399,195
83,846
483,04L
Page lo

LINCOLN & LINDSEY BLIND SOCIETY
REGISTERED COMPANY NUMBER.. 06972185
BALANCE SHEET- CONTINUED
AT 3 1 MARCH 2024
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the
Companies Act 2006 relating to Small companies.
Dlrector5' responsibilities:
the merribers have not required the company to obtain an audit OF its accounts for the year in
accordance with sectian 476,
the directars ack'nowledge their responsibilities for complying with the requlrerrients of the Act
wlth respect to accounting records and the preparation of accounts
these accounts have been prepared in accordance with the provislons applicable to companies
subject to the small companies, regime of the Companies Act 2006.
The financial statements were approved by the board o.f directors.on ?*.., 43o)L<k￿r and were
signed on its behalf by:"
Mr Tim Dixon IChairpersonl- Director
Mrs Audrey Moare- Director
Page 11

LINCOLN & LINDSEY BLIND SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
I. ACCOUNTING POLICIES
Accounting convention
The financial statement5 have been prepared under the historical cost convention.
Statement of Compliance
The flnancial statements have been prepared in accordance with Accounting and Reporting by Charities.,
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Flnancial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151
Icharities SORP IFRS 10211, the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021
They also comply with the Companies Act 2006 and Charities Act 2Qll.
Basis of Preparation
Lincoln & Lindsey Blind Society meets the definition of a public benefit entity under FRS 102. Assets and
liabillties are Inltlally recogni5ed at historical cost or transaction value unless otherwlse stated in the relevant
accounting policy notes. The financlal statements are presented in pound sterling and are rounded to the
nearest pound.
Incomlng resources
Donation5, legacies and other forms of voluntary Income are recognised as incoming resources when
receivable, except in so far as they aré incapable of financial measurement.
No amounts are included in the financlal statement for services donated by volunteers.
Grants are included in income when they are receivable, Grants are considered to be receivable when there
Is evldence of entltlement, for example when the grant is formally expressed in wrlting and there are no
conditions attached,
The members, annual subscriptlons commence on the l April each year. Any income received In advance is
included within deferred income. The number of £300 Life Memberships taken thi5 year was 6, this 15 not
deferred income as wo are unable to quantify.
Investment income is included within the statement of flnancial activities on a receivable basis.
Resources expended
Expenditure is included when incurred.
The majo rity of cost5 a re di rectly attri buta ble to speclflc activities,
Governance costs
Gavernance costs represent costs that are attributable to the management of the charity's assets,
organisatianal administration and compllance with constltutional and statutory requirements. An estimate
of the financial costs of the employee tlme on governance has been attributed to governance costs.
Allocation and apportionment of costs
I n undertaki ng the cha rita b le activities there have bee n support Costs i ncurred that, wh ilst necessa ry to
deliver a n activity, do not the mselves produce or constitute the output. Support costs include the centra I
office functions such a5 general managementi payroll administration, budgeting and accounting,
information technology, human resources and financing. Support costs are therefore wholly allocated to
cha rita ble actlvities,
Page 12

LINCOLN & LINDSEY BLIND SOCIETI
NOTE5 TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
I. ACCOUNTING POLICIES continued
Fixed A55ets and depreciation
Depreciation is provided at the Following annual rates in order to write off the cost le55 estimated residual
value of each asset over its estimated useful life.
Furniture & Equipment
Computer5 etc.
Trailer
20Yo on cost
25Yo on cost
20°A on cost
Where buildings are maintained to such a standard that their residual value is not less than their cost or
valuation, no depreciation is charged as it is not material,
The Main Office property Is used solely for charitable use. The Resource Centre is used for charitable purposes
and let, the income from this 15 shown in the accounts as incoming resources from charitable activities.
Stocks
Stoclc is valued at cost or lower marl(et value, Stock of equipment for the visually impaired is sold at or below
.cost in some in5tance5.
Taxation
The charity Is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds are subject to specific conditions by donors as to how they may be used, Where the income
has not been spent by the end of the period the unspent funds are carried forward as a restricted fund.
Irrecoverable VAT
-The charity is not registered For VAT and so figures are inclusive of VAT where appropriate,
Penslons
The charitable company operates a defined contribution pension scheme, CDntributian5 payable to
the charltable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
Investments
-Investments have been classified as fixed a55et5 where it 15 the intention of the society to retain them
for more than one year. They are included in the balance sheet at cost value plus attributable
interest receivable, where applicable,
Gains and losses arising from accounting for fixed asset investments at cost value have been offset.
All realised gains and losses have been included in the Statement of Financial Activities
Going concern
The financial statements have been prepared on a going concern basis. The trustees assess whether the use of
going concern is appropriate i.e, whether there are any material uncertaintles related to events or conditions
that rray cast significant doubt on the ability of the charity to continue as a going concern. The trustees make
this assessment in respect of a period of Dne year from the date of approval Of the fincincial statements,
Page 13

LINCOLN & LINDSEY BLIND SOCIETY
NOTE5 TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
2. VOLUNTARY INCOME
Unrestricted
Restricted
2024
2023
DonatlDns and Gifts
Legacies
Lottery Fund - other donations
Benefit Officer P roject
45,397
68,139
66,630
112,027
68,139
79,484
130,768
20,984
95,638
326,874
89,568
156,198
89,568
269,734
113,536
3. ACTIVITIES FOR GENERATING FUNDS
U nrestrlcted
Restricted
2024
2023
General fundraising
Lettings
8,127
390
8,517
8,127
390
8,517
1,213
240
1,453
4. INVESTMENT INCOME
U n restricted
Restrlcted
2024
2023
Income from listed investments
4,241
4,241
4,241
4,241
3,695
3,695
5. INCOMING RESOURCE5 FROM CHARITABLE ACTIVITIES
Unrestricted
Restricted
2024
2023
Servi ce charge
Membership subscriptions
Sale of aids & equip
2,211
20,583
12,684
35,478
2,211
20,583
12,684
35,478
2,509
16,801
13,421
32,731
6, FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS
Unrestricted
Restricted
2024
2023
Staff costs
Other costs
Depreci ation
13,173
3,081
3,087
19,342
13,173
3,081
3,087
19,342
4,766
3,589
3,087
11,442
7. CHARITABLE ACTIVITIES COSTS
Grant fundlng
Support
Dlrect costs
of activities
costs
Isee Note 81 (see note 91 Isee note 101
Totals
Activities in furtherance
of the charity's objects
253,736
127,102
380,839
Page 14

LINCOLN & LINDSEY BLIND SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
8. DIRECT COSTS OF CHARITABLE ACTIVITIES
Unrestricted
Restricted
2024
2023
Staff salaries
Tall<ing News & Links Voice
Dcmiciliary visiting servlce
Volunteer exps & Groups
Befriending service
Benefit Officer exps
Purchase of aids & equipment
IT Proj'ect & support costs
Trailer exps
Depreciation
52,722
127,930
2,734
180,652
2,734
3,497
2,217
11,755
28,758
11,295
12,078
473
279
253,736
160,902
2,445
2,456
1,718
11,004
26,088
12,841
16,442
490
279
234,665
3,497
2,217
11,388
367
28,758
11,295
12,078
473
279
81,397
172,340
9. GRANTS PAYABLE
Activities in furtherance of the
charity's objects
Unrestricted
Restricted
2024
2023
Grants payable relate to individLials in line with the charity's objectives.
2024
2023
10. SUPPORT COSTS
Activities in furtherance of the charity's objects
127,102
107,034
Support costs included In the above are as follows.,
U nrestricted
Restricted
2024
2023
Wages
ead Office costs
Trave I
Subscriptions
Ejepreciation
105,244
20,404
102
177
1,176
127,102
105,244
20,404
102
177
1,176
127,102
88,307
17,317
234
1,176
107,034
11. GOVERNANCE COSTS
2024
2023
Staff costs
Professional fees
Meetings and conferences
I,ooo
7,287
1,199
9,486
1,000
7,944
748
9,692
12. NET INCOMING/IOUTGOINGIRESOURCES
2024
2023
N et resources a re stated a Fte r chargi ng/lcreditingl'.
Depreciation owned assets
4,542
4,701
Page 15

LINCOLN & LINDSEY BLIND SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
13. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor the year
ended 31 March 2023.
Trustee5' Expenses
During the year travel and 5ubsistance expenses totalling £190 12023: £1881 was reimbursed to I trustee
14. STAFF COSTS
2024
2023
Wages and salaries
socia I security costs
Other pension costs
260,729
15,768
23,572
300,069
220,905
14,715
19,355
254,975
The average monthly number of employees during the year wa5 as follows..
Sight Impairment Officers
Benefit Officers
Fundraising
Admlnistration & Support servlces
Management
Volunteer co-ordinators
13
12
There are no employees whose annual emoluments were £60,000 or more
15. TAXATION
Co rpo ration tax is not provided as the Soclety is a reglstered charity a nd therefore exem pt from taxation.
The cha rity is not registered for Va lue Added Tax, Where appropriate, the figures in these f ina ncia I
statement5 include Value Added Tax.
16. TRUSTEES, INSURANCE
I n accorda nce with norma I co m mercia I practi ce the society has purchased i ns ura nce to protect its trustees,
from claims arising from negligent act5, errors or omisslons occuring whilst on society business.
The insurance cost for the year ended 31 March 2024 was £ 957 12023: £8751
Page 16

LINCOLN & LINDSEY BLIND SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
Fixed A55ets
Trailer
Equipment
Laptops
Totals
COST
At l April 2023
Disposal
At 31 March 2024
15,437
1,394
4,705
21,536
15,437
1,394
4,705
21,536
DEPRECIATION
At l April 2023
Disposal
Charge for year
At 31 March 2024
6791
279
1,960
9,030
3,087
9,878
279
558
1,176
3,136
4,542
13,572
NET BOOK VALUE
At 31 March 2024
5,559
836
1,569
7,964
At 31 March 2023
8,646
1,115
2,745
12,506
Comparable historical cost for the land and buildings included at valuation.,
17. Tangible Asset5
Land & Buildings at cost
150,000
Comparable historical cost for the land and buildings included at valuation:
Land & 8uildings valuatlon
2024
2023
,Cost
Accumulated Depreciation
At 31 March 2024
193,830
193,830
193,830
193,830
The historlcal cost data above relates to the original cost of the properties purchased by the unicorporated
charlty, Lincoln & Lindsey Blind Society, These properties were gifted to the company on 1st April 2010.
Land and buildings aro not depreciated in accordance with the accounting policy on page 13,
Page 17

LINCOLN & LINDSEY BLIND SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
18. FIXED ASSET INVESTMENTS
Fixed.Asset
I nvestments
COST
At l April 2023
Additions
Disposals
Proflt/Loss on Sal e of I nvestm ents
At 31 March 2024
264,191
162,182
-228,569
26,819
224,623
'.Market Values
At 31 March 2024
224,623
268,243
At 31 March 2023
The h istorical c05t data above re lates to the origi nal cost of the inve5tment5 and i nclude5 a mlx of those
purchased by the company and those gifted to the charity,
The charity held no investment5 that were rnore than 5% of the portfollo
19. DEBTORS., AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
7,166
7,166
10,103
10,103
. 20. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Deferred Income
-raxation and social security
Other credltors
20,850
4,757
4,566
30,173
14,065
3,966
5,414
23,445
Page 18

LINCOLN & LINDSEY BLIND SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - CONTIN UED
FOR THE YEAR ENDED 31 MARCH 2024
21, MOVEMENT IN FUNDS
Net movement in funds, included in the above are as follows..
Balance
3110312023
Incomlng
resources
Resources
expended
Gains and
Losses
Balance
3110312024
Unrestrlcted funds
General fund
399,195
161,772
-237,325
26,819
350,461
Restricted funds
Designated funds- Benefit Advice Project
Befriending Donations
Trailer Expenses Fund
Mablethorpe Club Funds
Westcliff Club Funds
Lincoln Wall<ing Group
Moorland Lincoln Funds
IT Equipment/Support Fund
52,736
89,568
36,311
-120,377
-36,311
21,927
6,523
256
161
6,050
129
161
351
138
38,948
67,704
-127
591
-240
138
24,032
83,846
29,728
156,198
-14,812
-172,340
TOTAL FUNDS
483,041
317,970
-409,665
26,819
418,155
Page 19

NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENt)ED 31 MARCH 2024
Analysis of net assets between funds
Included in the General Funds balance are investments of £224,623 tangible a55ets of £7,964 and Land &
Buildings of £150,00, current assets less current liabilities of E35,351.
Included in the Benefit Advice Project balance are donations of £5,000 from Louth United Charities and Lottery
Funding of £84,568.
Incl uded in the do natio ns & gifts are £36,311 f or Befrlending wh Ich Incl udes £l,OOQ from Gay & Peter H illards,
£24,911 from Lincolnshire County Council Mental Health, £4,000 from West Lindsey Council, £900 from N Smith
Charitable Foundatlon, £500 from Boshler Hinton and £5,000 from Stiching Anton Jurgen.
Included in the IT Equipment/Support fund of £29,728 are donations for cornmuniplayers of £6,298 from
Morrisons and £5,000 from Francis Winharn Foundatlon, £5,650 for talking news & Links Voice, £7,300 for laptops
from the Clothworl<ers & £2,000 for laptops from Worth Waynflete, £2,800 for start up l<it5 and IT project £680,
22. Contingent liabilities
The grants received are subject to certain terms and condltions, breach of which may render the grants
wholly or partially repayable,
The trustees are confident that all of the conditions of the grants have been complied with and there will
.. not be any adverse effect on the Charity.
123. Pensions
The trust operates a defined contribution pension schemes. The assets of the scheme are held separately
from those of the charity in independently administered funds, The pension cost charge represents
contributions payable by the charity to the funds and amount to £23,57212023., £19,355). Contrlbutions
totalling £3,17812023.. £2,616> were payable to the fund at the year end and are included In creditors.
24. Member's Ilablllty
Each member of the charitable company undertakes to contribute to the assets of the company in the event
of it bein8 wound up while he/she Is a member, or wlthln one year after he/5he ceases to be a member,
such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/5he
ceases to be a member,
25. Related party transactions
There are no related party transactions to disclose.
Page 20