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2024-12-31-accounts

Wakefield District Sight Aid

Charity number 1140483

A company limited by guarantee number 07432897

Annual Report and Financial Statements

for the year ended 31 December 2024

Wakefield District Sight Aid

Annual Report and Financial Statements for the year ended 31 December 2024

Contents Page
Trustees' report 2 to 11
Examiner's report 12
Statement of financial activities 13
Balance sheet 14
Notes to the accounts 15 to 20

Prepared by West Yorkshire Community Accountancy Service CIO

1

Wakefield District Sight Aid

Trustees' report for the year ended 31 December 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Luke Scholey Chair Bridget Lockyer Andrew Patterson Stephen Kirk Neil Newton Sarah Shooter Ross Southall Maureen Tennant-King Appointed 5 June 2024 Hayley Grocock Secretary Charity number 1140483 Registered in England and Wales Company number 07432897 Registered in England and Wales Registered and principal address Bankers Stockbrokers St Swithun's Community Centre Virgin Money AWD Chase de Vere Arncliffe Road 7 Gold Street Leeds Wakefield WF1 4RR Northampton NN1 1EN

Independent examiner

Rhys North ACA West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 8 November 2010. It is governed by a memorandum and articles of association as amended 4 February 2011. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

2

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

Objectives and activities

The charity's objects

To promote the relief of the blind and partially sighted in any manner which is now, or hereafter may be, deemed by law to be charitable, within the Wakefield Metropolitan District.

The charity's main activities

Wakefield District Sight Aid provides needs-based, person-centred, practical, emotional, and wellbeing support to people living with sight impairment (partially sighted) and severe sight impairment (blind) living within the Wakefield Metropolitan District Council area. This includes advice and support following diagnosis of an eye condition or deteriorating eyesight, and ongoing support for people living with low vision. We also provide support to the families and carers of people living with sight loss and work closely with eye health practitioners across the district.

Our practical services include:

Our wider, wellbeing-focused services include:

3

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

The charity's main activities continued

*These services are kindly supported by Wakefield Metropolitan District Council; through a grant funding agreement we have with them which enables these services to keep running and provides certain equipment which we can distribute free of charge on completion of a home assessment. We are very grateful for this support and also for the excellent referral pathways that exist between us and the Sensory Impairment Team at Wakefield Council.

Public benefit statement

In setting our objectives and planning our activities, our Board of trustees has given serious consideration to the Charity Commission’s general guidance on public benefit, in particular the most effective ways to support and empower people living with sight loss to reach their potential, achieve their goals, and live safely and confidently within their own homes and communities. At the heart of this is our work to help alleviate social isolation, which can be a huge issue for people, particularly those who lose their sight in later life.

Closely linked to this is the promotion of the wider wellbeing agenda (i.e. helping our members to connect with society around them, be active in body and mind, take notice of what’s going on in their communities, keep learning, and to give - through peer support and active participation in local life) and with this in mind we strive to nurture partnerships with other local organisations working within the wellbeing space. Awarenessraising and the promotion of the importance of good eye health and care are also key to our activities, particularly bearing in mind that 50% of sight loss is preventable, and to that end we work closely with local stakeholders including eye care professionals and public health for the advancement of the preventable sight loss agenda.

Achievements and performance

We currently have over 1,400 people on our database. During 2024, we supported these people in the following ways:

4

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

Achievements and performance continued

A monthly coffee morning at The Cluntergate Centre in Horbury (on the second Tuesday of the

Our monthly Evening Social Group which meets in central Wakefield (on the fourth Thursday of the month).

In April 2024 we launched a new regular coffee morning in at the Broken Bridge Wetherspoon in Pontefract (also on the fourth Thursday of the month).

In October 2024 we launched a new Evening Social Group in Pontefract (held at The Iron Dram on the first Thursday of the month).

In total, we held 51 regular social groups which welcomed 173 unique visitors (731 attendances in total).

5

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

Achievements and performance continued Feedback from people who have used our services

During 2024 we changed how we gather feedback from our members. Instead of sending a paper-based survey as we have done in previous years, which we found was not accessible for everyone and didn’t always provide feedback on all our services, we created service-specific telephone surveys to ask people about their experiences of interacting with different aspects of our work.

Home visiting:

100% of people surveyed who received a home visit said they felt better informed about the support available and how to access it, and 100% would recommend a home visit to a friend or relative experiencing sight loss.

90% of people said they would consider attending other Sight Aid events like coffee mornings to help them feel more connected to other people with sight loss, and 90% of people said they felt more positive about the future.

Coffee mornings/social groups:

96% of people said that being at coffee morning helped them feel more connected to other people and more likely to share their experience of sight loss with others.

96% of people said they would recommend our social groups to a friend or relative experiencing sight loss.

Here are some testimonials from people who’ve attended our social groups:

“WDSA is a brilliant organisation. I'm very new in my sight loss journey and you have really helped bring me out of the depression that came with that. I wouldn't have known where to go to access more support if it wasn't for WDSA. Such a brilliant bunch!”

"I enjoy the coffee mornings, I feel less isolated.”

“It's great that there's somewhere people like me can go, who aren't just visually impaired but struggling in other ways to meet up with others, get out of the house and see other people who are like you.”

“Coffee morning is a help to a lot of people that haven't accepted that they've gone blind/visually impaired. It's well run, staff are lovely, I would happily recommend it to anyone I know that needs it.”

Living Well with Sight Loss (LWWSL) courses:

94% of people said they felt more connected to other people with sight loss and more able to share their journey with others as a result of attending LWWSL.

94% of people said they felt better informed about the sources of support available and how to access them.

89% of people said they feel more confident managing everyday tasks.

100% of people said they would recommend the course to a friend or relative experiencing sight loss.

We also know that 74% of people who attend LWWSL go on to interact with our other services.

Testimonials from course participants:

“Very informative, just wonderful!”

“Very informative, very lovely. The people who were part of the course gave me great clarity of what was involved in the sight loss journey and what was available.”

It’s come in really useful practically, as I have accessed a lot of resources.”

“I was very hesitant about attending the course as I thought it might be depressing but was pleasantly surprised. I was made to feel very welcome.”

6

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

Achievements and performance continued

Art Beyond Vision programme – testimonials from workshop participants:

“I've enjoyed trying new crafts and activities. The team has been helpful and patient in helping me learn the techniques.”

“It was a fab course, and I'd recommend to everyone to take part.”

“It's been great to get creative and interacting with others.”

Emotional support programme – feedback from counsellors working with WDSA clients:

“Initially anxious, the client found comfort in small adjustments the counsellor made, such as dimming the lights and moving closer to enhance visibility. Although the client spoke of sadness, they shared that they hadn’t been able to cry since their diagnosis, experiencing instead an underlying anger. The counsellor supported the client in exploring this anger, helping them to acknowledge it as a valid and natural response to their loss.”

“The client described their life as overshadowed by the challenges of vision loss and adjusting to it, feeling a mix of hope and sorrow as they recognized the ongoing nature of their grief. Moving forward, the client looks forward to further support in working toward acceptance, developing self-soothing techniques, and building resilience as they adapt to this life change while balancing their own health needs with those of their family.”

“An essential part of the client’s journey has been navigating family dynamics. They described struggles with family members who, though well-meaning, may not fully understand the client’s new limitations. This lack of understanding sometimes leads to tension, as family members inadvertently push the client beyond their comfort zone. Additionally, several family members have their own health challenges, which creates a shared, yet unique, layer of strain within the family. The counsellor has helped the client to reflect on how to maintain boundaries with family members compassionately, allowing space for both their own needs and the needs of others.”

Funding and future sustainability

We were thrilled to be awarded five years’ funding via a National Lottery Community Fund grant towards our core costs in April 2024. This funding makes a huge difference and, as we hope this report illustrates, has already enabled us to expand the work we do in the community.

We are so grateful for the continuing support of key funders such as Prosper Wakefield District and Wakefield Council, without whom so much of our work would not be possible.

Staff team

The staff team consists of 3 part-time staff: a Chief Executive Officer (30 hours a week), a Finance and Outreach Manager (30 hours a week), and a Sight Loss Advisor (26 hours a week).

Partnership working

We continued to work closely with local stakeholders, and to share knowledge and best practice with other sight loss organisations across the Yorkshire and the Humber region through our involvement with Visionary, the membership organisation for local sight loss charities.

Pensions

In accordance with the Pensions Regulations 2015, the charity operates a workplace pension scheme which has been established through the National Employment Savings Trust (NEST). All eligible employees were automatically enrolled in the scheme on the 1st February 2016 and staff who subsequently opted to leave the scheme will be re-enrolled after three years.

7

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

Achievements and performance continued Risk Management policy

The charity maintains a risk register adopting the 'Charities and Risk Management' framework; issued by the Charity Commission dated June 2010. The risk register is presented to the Board every 6 months for review, should any risks materially change in the intervening period then it is the responsibility of the CEO to update the Board accordingly

Our children and young people's group enjoyed a trip to Gravity trampoline park.

Our Sight Loss Advisor Nicola Ford demonstrates a Liquid Level Indicator at one of our Living Well with Sight Loss courses.

Members enjoying our Pontefract coffee morning, which launched during 2024.

Members enjoying our Christmas lunch in December 2024.

Members of our youth VI football team, which started in July 2024 in partnership with A1 Football Factory.

Chair of Trustees Luke Scholey and long-standing volunteer Julie Whiteley attended a Garden Party at Buckingham Palace in May 2024 in recognition of our King's Award for Voluntary Service.

8

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

Achievements and performance (continued)

Members of our Art Beyond Vision group show off the items they've made at the workshops.

In December 2024 we held our first ever Christmas wreath making workshop, taught by Claire who has living experience of sight loss herself.

Chair of Trustees Luke Scholey and CEO Hayley Grocock receive our King's Award for Voluntary Service and official scroll from HM Lord Lieutenant for West Yorkshire, Ed Anderson CBE.

Staff, volunteers and members celebrate our King's Award for Voluntary Service in May 2024 with HM Lord Lieutenant Ed Anderson CBE.

Wakefield District Sight Aid members enjoyed a touch tour at The Abbey House Museum in Kirkstall in October 2024.

Our children and young people’s group enjoyed pizza and bowling at Tenpin Castleford

9

Wakefield District Sight Aid

Trustees' report (continued) for the year ended 31 December 2024

Financial review

The net income for the year was £29,728, including net income of £4,280 on unrestricted funds and net income of £25,448 on restricted funds.

Reserves policy

The charity's free reserves, excluding fixed assets but incxluding investments, at the year end were £91,657.

Wakefield District Sight Aid maintains a policy of holding a minimum of £45,000 in unrestricted reserves, but not more than 9 months’ operating costs which based on budgeted 2025 expenditure equates to £105,000.

The sum of £45,000 is the figure determined by the charity as being sufficient to cover redundancy costs and three months’ essential operating expenses, in the unlikely event that a managed closure of the charity should be necessary. This figure is reassessed annually.

The maintenance of unrestricted reserves up to 9 months’ operating costs is deemed reasonable to give the charity sufficient time to seek alternative sources of funding should other income streams be withdrawn. It also reflects the historic unpredictable cash flow of the organisation and necessity to depend on infrequent legacy donations.

In 2016 the Board committed to funding additional costs out of reserves to maintain service provision for service users. This strategy was extended to 2024.

10

Wakefield District Sight Aid Trustees' report (continued) for the year ended 31 December 2024

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

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

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 4/6/2025

Luke Scholey (Trustee)

11

Wakefield District Sight Aid

Independent examiner's report to the trustees of Wakefield District Sight Aid

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 December 2024, which are set out on pages 13 to 20.

Responsibilities and basis of report

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

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

Independent examiner's statement

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

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

Rhys North ACA

12/6/2025

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

12

Wakefield District Sight Aid

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 December 2024

Notes
2024
Unrestricted
funds
£
Income from:
Grants and donations
(2)
10,345
Sales and Fees
2,127
Fundraising
3,416
Investment income
1,995
Outreach income
3,379
Other income
390
Total income
21,652
Expenditure on:
Salaries, NIC and pensions
(3)
7,511
Payroll charges
576
Rent
-
Equipment purchases
1,313
Travel costs
307
Postage & stationery
635
Insurance
526
Newsletter
125
Publicity
-
Computer costs
303
Independent examination
1,090
Sundry
441
Subscriptions and licences
848
Depreciation
275
Investment management charges
311
Website costs
600
DBS checks
280
Fundraising costs
500
Community outreach
792
Room hire
252
Office costs
711
Emotional Support Service
-
Project costs
490
Hardship fund payments
-
Telephone and Internet
-
Total expenditure
17,886
Net gains/(losses) on investments
514
Net income / (expenditure)
4,280
Fund balances brought forward
87,813
Fund balances carried forward
(4)
92,093		 2024
Restricted
funds
£
131,747
-
-
-
-
-
131,747
75,984
-
6,000
119
1,925
29
321
1,866
450
114
422
-
106
-
-
960
-
-
2,141
1,940
-
4,000
8,986
700
236
106,299
-
25,448
19,242
44,690		 2024
Total
funds
£
142,092
2,127
3,416
1,995
3,379
390
153,399
83,495
576
6,000
1,432
2,232
664
847
1,991
450
417
1,512
441
954
275
311
1,560
280
500
2,933
2,192
711
4,000
9,476
700
236
124,185
514
29,728
107,055
136,783		 2023
Total
funds
£
96,590
4,146
6,917
1,822
2,553
-
112,028
58,473
576
6,000
1,468
2,149
184
958
2,019
100
273
1,188
466
684
116
290
1,200
96
1,085
1,488
1,365
127
2,905
9,150
2,500
-
94,860
2,779
19,947
87,108
107,055

All incoming resources and resources expended derive from continuing activities.

13

Wakefield District Sight Aid

Balance sheet

as at 31 December 2024
2024
Unrestricted
£
Fixed assets
Tangible assets
(5)
436
Investments
(6)
68,305
Total fixed assets
68,741
Current assets
Stock
192
Debtors and prepayments
(7)
447
Cash at bank and in hand
(8)
35,096
Total current assets
35,735
Current liabilities:
amounts falling due within one year
Creditors and accruals
(9)
12,383
Total current liabilities
12,383
Net current assets / (liabilities)
23,352
Net assets
92,093
Funds
Unrestricted funds
92,093
Restricted funds
-
Total funds
92,093		 2024
Restricted
£
-
-
-
-
1,130
45,971
47,101
2,411
2,411
44,690
44,690
-
44,690
44,690		 2024
Total
£
436
68,305
68,741
192
1,577
81,067
82,836
14,794
14,794
68,042
136,783
92,093
44,690
136,783		 2023
Total
£
233
66,113
66,346
184
1,430
46,431
48,045
7,336
7,336
40,709
107,055
87,813
19,242
107,055

For the year ending 31 December 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 4/6/2025

Luke Scholey (Trustee)

14

Wakefield District Sight Aid Notes to the accounts

for the year ended 31 December 2024

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £250 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Project and office equipment: over 3 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Stock

Stock is valued at the lower of cost and net realisable value.

15

Wakefield District Sight Aid Notes to the accounts

for the year ended 31 December 2024

1 Accounting policies continued

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

16

Wakefield District Sight Aid

Notes to the accounts continued

for the year ended 31 December 2024

2 Grants and donations
Anonymous Charitable Trust
National Lottery Community Fund
Prosper Wakefield District Ltd
The Powell Family Foundation
Wakefield Metropolitan District Council (WMDC)
Coalfields Regeneration Trust
Live Well Wakefield
NOVA Wakefield District Ltd
The Woodroffe Benton Foundation
Wakefield Health & Community Support Ltd
Other donations
3 Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions		 2024
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
10,345
10,345		 2024
Restricted
funds
£
9,500
80,000
8,125
6,000
28,122
-
-
-
-
-
-
131,747		 2024
Total
funds
£
9,500
80,000
8,125
6,000
28,122
-
-
-
-
-
10,345
142,092
2024
£
80,389
7,324
(6,067)
1,849
83,495		 2023
Total
funds
£
-
-
2,875
-
33,297
5,000
7,963
10,000
1,500
19,906
16,049
96,590
2023
£
57,299
4,141
(4,141)
1,174
58,473

The average number of employees during the year was 3, being an average of 2.3 full time equivalent (2023: 3, 1.7 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme
Costs of the scheme to the charity for the year
Amount of any contributions outstanding at the year end
4 Restricted funds
Balance b/f
Incoming
£
£
Art Beyond Vision
6,167
16,240
Coalfields Regeneration Trust
2,500
-
Nova - Emotional support
3,345
-
Live Well Wakefield
3,861
-
Magic Little Grants
494
-
National Lottery Community Fund
-
80,000
The Powell Family Foundation
-
6,000
Prosper Together Fund
2,875
2,875
WMDC
-
26,632
19,242
131,747		 Outgoing
£
9,595
2,500
4,000
3,861
-
56,451
3,502
1,075
25,315
106,299		 2024
£
1,849
396
Transfers
£
494
-
-
-
(494)
-
-
-
-
-		 2023
£
1,174
461
Balance c/f
£
13,306
-
(655)
-
-
23,549
2,498
4,675
1,317
44,690

For fund descriptions see next page.

17

Notes to the accounts continued for the year ended 31 December 2024

Wakefield District Sight Aid

4 Restricted funds continued

Fund name Art Beyond Vision

Coalfields Regeneration Trust Nova - Emotional support Live Well Wakefield Magic Little Grants

National Lottery Community Fund The Powell Family Foundation

Prosper Together Fund

WMDC

Purpose of restriction

Towards the Art Beyond Vision project. The transfer is for funds received from the Magic Little Grants restricted fund.

Towards the core costs of running the organisation. Emotional support pilot project.

Towards the running costs of the community outreach project. Towards the Dare to Dream project. The transfer is for unspent funds to the Art Beyond Vision project as agreed by the funder.

Supporting people living with sight loss across the Wakefield District. To pilot a programme of activities for visually impaired children and young people, and their families.

To provide hardship grants to people in need via the Prosper Together Fund.

To support the provision of the Home Visiting service and Living Well with Sight Loss courses.

Tangible assets
Cost
At 1 January 2024
Additions
At 31 December 2024
Depreciation
At 1 January 2024
Charge for year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
Fixed assets investments
Balance b/f
(Disposals)
Gain / (loss) on revaluation
Income generated
(Management fees)
Total		 £
6,595
478
7,073
6,362
275
6,637
436
233
2024
Total
£
66,113
-
514
1,989
(311)
68,305
Office
equipment		 Total
£
6,595
478
7,073
6,362
275
6,637
436
233
2023
Total
£
61,880
-
2,779
1,744
(290)
66,113

5 Tangible assets

6 Fixed assets investments

18

Wakefield District Sight Aid

Notes to the accounts continued

for the year ended 31 December 2024

7 Debtors and prepayments
Debtors
Prepayments
Accrued income
Other debtors
8 Cash at bank and in hand
Cash at bank
Cash in hand
9 Creditors and accruals
Creditors
Accruals
Taxation and social security
Other creditors		 2024
£
-
1,218
-
359
1,577
2024
£
80,973
94
81,067
2024
£
3,214
1,623
3,882
6,075
14,794		 2023
£
383
1,017
30
-
1,430
2023
£
46,337
94
46,431
2023
£
195
1,235
1,449
4,457
7,336

10 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £40,972 (previous year: £27,752).

11 Operating leases
Within one year
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2024
£
3,000
3,000		 2023
£
-
-

19

Wakefield District Sight Aid

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 December 2024

2024
2023
Unrestricted Unrestricted
funds
funds
£
£
Income
Grants and donations
10,345
47,455
Sales and Fees
2,127
4,146
Fundraising
3,416
6,917
Investment income
1,995
1,822
Outreach income
3,379
2,553
Other income
390
-
Total income
21,652
62,893
Expenditure
Salaries, NIC and pensions
7,511
37,492
Payroll charges
576
576
Rent
-
1,670
Equipment purchases
1,313
1,468
Travel costs
307
742
Postage & stationery
635
184
Insurance
526
958
Newsletter
125
1,171
Publicity
-
-
Computer costs
303
273
Independent examination
1,090
1,188
Sundry
441
466
Subscriptions and licences
848
684
Depreciation
275
116
Investment management charges
311
290
Website costs
600
1,200
DBS checks
280
96
Fundraising costs
500
1,085
Community outreach
792
1,348
Room hire
252
62
Office costs
711
127
Emotional Support Service
-
-
Project costs
490
250
Hardship fund payments
-
-
Telephone and Internet
-
-
Total expenditure
17,886
51,446
Net gains/(losses) on investments
514
2,779
Net income / (expenditure)
4,280
14,226
Transfers between funds
-
86
Net movement in funds
4,280
14,312
Fund balances brought forward
87,813
73,501
Fund balances carried forward
92,093
87,813		 2024
Restricted
funds
£
131,747
-
-
-
-
-
131,747
75,984
-
6,000
119
1,925
29
321
1,866
450
114
422
-
106
-
-
960
-
-
2,141
1,940
-
4,000
8,986
700
236
106,299
-
25,448
-
25,448
19,242
44,690		 2023
Restricted
funds
£
49,135
-
-
-
-
-
49,135
20,981
-
4,330
-
1,407
-
-
848
100
-
-
-
-
-
-
-
-
-
140
1,303
-
2,905
8,900
2,500
43,414
-
5,721
(86)
5,635
13,607
19,242		 2024
Total
funds
£
142,092
2,127
3,416
1,995
3,379
390
153,399
83,495
576
6,000
1,432
2,232
664
847
1,991
450
417
1,512
441
954
275
311
1,560
280
500
2,933
2,192
711
4,000
9,476
700
236
124,185
514
29,728
-
29,728
107,055
136,783		 2023
Total
funds
£
96,590
4,146
6,917
1,822
2,553
-
112,028
58,473
576
6,000
1,468
2,149
184
958
2,019
100
273
1,188
466
684
116
290
1,200
96
1,085
1,488
1,365
127
2,905
9,150
2,500
-
94,860
2,779
19,947
-
19,947
87,108
107,055

20