Myvision
Oxfordshire
Supporting Visually Impaired People
Myvision Oxfordshire Ltd
Trustees, Annual Report
and Accounts
Year Ending 31 March 2025

Contents
Chair's Statement
1. About Myvision
1 .1 Objectives and Strategy
2. Our Performance
2.1 Our Services
2.2 Progress Towards our Objectives
2.3 Risks and Challenges
3. Our Organisation
10
3.1 Governance
10
3.2 Volunteers and Staff
11
4. Financial Statements
13
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statement
16
17
18
19
Appendix - Reference and Administrative Details 30

yvision Oxfordshire Ltd
Chaitrs Statement
l am pleased to be able to report a successful year of progress for
Myvision Oxfordshire towards our objectives. Our mission is to support
visually impaired people in Oxfordshire, as we have been doing for nearly
150 years. The services that we offer, and how we offer them, changes
over time and in 2022, we set out on a strategy to move the organisation
forwards, with four key objectives:
To establish a firm financial footing.
To expand the services that we offer to all parts of Oxfordshire.
To expand the existing range of serrfices that we offer.
To be recognised as the key provider of such services.
In the year under report, we have maintained the success we reported in
the previous year, securing income, excluding legacies, of around £500k
in both years.
We are mindful of our responsibility to finance our activities as we are a
charity without permanent funding, and we need to raise money from a
variety of sources.
Our small and dedicated fundraising team is achieving considerable
success across a wide range of donors, including regional and local
government, charities, companies, and individuals. The success shows
in our results. in 2021122 income excluding legacies was £227,729 and
in 2024125 it was £504,146, in other words more than double in just three
years.
Our success enabled us to build our staff levels to expand the range of
services that we offer. It is our staff that make us the success we are
today; they deliver the majority of our services to our clients, along with
support from our volunteers. We are also proud that we practice what we
preach; we value lived experience of sight loss and over half our staff
team have some form of visual impairment. This means that they readily
engage with our clients as they understand the issues and know the

Myvision Oxfordshire Ltd
difficulties first hand. Our current staff levels mean that in the last year
we have been able to continue to offer an increased range of social
groups and Green Walks across the County, as well as providing
technical training and Children's services.
As a result of our increased activities and collaboration with other local
and national organisations, l am confident that we are becoming
recognised as a key service provider regarding sight loss. This means
that we are well positioned both to raise more funds and to access and
work alongside other service providers in the region, enabling a more
integrated approach to dealing with the many problems associated with
sight loss.
In addition to our staff, we have many volunteers who provide invaluable
support in delivering our services. I give many thanks to these volunteers,
who help us in so many ways, and also to our Board of Trustees who all
give their time on a voluntary basis and provide me with support and
guidance as we debate how best to manage and grow. l also give thanks
to the many donors who contribute to our work.
The previous couple of years were remarkable in making progress
towards our strategy of consolidation and growth. The year under report
has maintained this success, but I know that we must not get ahead of
ourselves. Whilst we will continue to grow, the next year or so needs to
build on what we have and ensure that we do not get over-extended
financially.
Details on all the above activities and a broader description of the range
of services that we offer are contained in the Annual Report. This is a
lengthy document but contains a lot of valuable information. I hope that
you find time to read it and reflect on the remarkable journey that we are
on., to build Myvision into being able to support more clients with a
broader range of seniices than ever before.

Myvision Oxfordshire Ltd
About Myvision
1. About Myvision
1.1 Objectives and Strategy
The charitable objective of Myvision Oxfordshire, as set out in the
governing document, and its main aim, is to promote the relief of and to
support visually impaired people living in Oxfordshire and its surrounding
area in such ways as the trustees think fit to enable them to live
independent and active lives.
The Trustees have complied with their duty to have due regard to the
guidance on public benefit published by the Charity Commission in
exercising their powers and duties.
The Board and their staff have long recognised the need for a
comprehensive and coherent strategy in a changing community.
Currently, the areas of focus are:
Creating a stable long-term platform of funding sufficient to enable
Myvision to support the baseline set of services and to reach
satisfactory level of reserves.
Extending Myvision's geographical reach within Oxfordshire to
reach a broader base of clients.
Expanding the existing range of services offered to people in
Oxfordshire with visual impairment.
Moving to a position of being recognised as a key provider of
services to those with visual impairment in Oxfordshire
Our objectives for 2022-2027 are:
To be actively connected with visually impaired people
throughout Oxfordshire, providing skills and support to help
them thrive in the modern world.

Myvision Oxfordshire Ltd
About Myvision
This will be achieved with the following key priorities:
Identity. Form a new name, brand, values, and identity shared by
our staff, trustees, volunteers, and clients.
Community. Provide greater outreach into the wider community,
services are shared across Oxfordshire, both in rural and urban
areas. The Resource Centre is a hub and resource to reach out
and engage with people within their own community.
Technology. Ensure visually impaired people have the training
and knowledge to get online, connect and use tech to their full
potential.
Well-being. Provide the right support, through counselling,
befriending, social and sports activities, ensuring people are living
healthy and active lives.

Mywision Oxfordshire Ltd
Our Performance
2. Our Performance
2.1 Our Services
Helpline
The Myvision helpline is available Monday - Friday 10am
4pm. Staff
work with visually impaired people and their families to provide a
connection across the County.
Befriending
The Myvision Oxfordshire Befriending Service is available across
Oxfordshire for those that need it. Visually impaired people are matched
with volunteers in their area or over the telephone depending on
individual requirements. Befriending can provide a vital connection for
those that are feeling isolated and help many people enjoy activities
within their community.
Information and advice
Information and advice can be given over the telephone or in person at
our Resource Centre or at one of our many meetups and information
days across the County. Advice can range from simple adaptations,
gaining employment, transport, and much more.
Equipment Provision
The Resource Centre provides a vital hub for Oxfordshire, demonstration
equipment is available to try, this includes large video magnifiers,
smartphones and tablets, or simpler items such as talking clocks and
watches.
Technology Training
Technology is a big part of society, but many visually impaired people are
left behind and feel cut off. The technology training service provides one-
to-one support, both at Bradbury Lodge and with the Tech Buddy
scheme, offering training on using devices to get online and connect with
others.

yvision Oxfordshlre Ltd
Our Performance
Social Activities
There are many thriving social groups across the County, these can be
places to meet new people, learn, and support each other and to help
people feel more connected with their community. As part of our
Community Engagement Project, several new groups have been started
in 2024125 including: Bicester, Chipping Norton and Kidlington.
Children and Young People
Support for young people and their families is vital. Myvision connects
with many visually impaired children and young people in Oxfordshire.
Our service includes support and guidance, social activities, specialist
sports and tailored workshops.
Counselling
Volunteer counsellors are available to chat either in person or over the
telephone with visually impaired people across Oxfordshire. The ser￿iCe
is unique in that the counsellors all have lived experience of sight loss
themselves and have a deeper understanding of the needs and
challenges someone might face when losing their sight.
Sight Advice Desk
The Sight Desk at the John Radcliffe Hospital reopened in October 2022.
Volunteers are available to inform and support those who attend Eye
Hospital appointments.
Community Engagement Pn?ject
Myvision launched its new Community Engagement Project in June 2022
covering South Oxfordshire and Oxford City. The project aims are to bring
Myvision services into local areas across Oxfordshire, including
Information and Equipment days at local libraries and community
centres, peer-to-peer support groups, befriending partnerships,
awareness raising and training. The project expanded to The Vale of
White Horse in 2023 and into West Oxfordshire and Cherwell in 2024.

yvision Oxfordshire Ltd
Our Perforrnance
Green Walks
In 2023, Myvision Oxfordshire worked with Oxfordshire County Council
and Natural England on a report highlighting the barriers visually impaired
people face in accessing green and blue spaces. From the report, a pilot
project was established to set up a walking group in the Didcot area.
Further funding was secured, and the walking groups expanded in 2024-
25 to include Didcot, Abingdon, Oxford, Witney and Banbury. In
September 2024 Myvision won the Visionary Inspire Award for the Green
Walks Project.
2.2 Progress Towards our Objectives
The key objectives carried out through 2024125 have been to consolidate
our Community Engagement Project in all parts of Oxfordshire, including
continued work in West Oxfordshire and Cherwell, where we had
previously created new social and Green Walks groups. Our Get
Connected Project has continued to support people to get online, and we
have developed more Tech Buddy partnerships. Our Children and Young
People's work has taken longer to establish than planned but is now
developing throughout the County.
Our objectives for 2025126 are to:
Continue to support and grow the network of activities and peer
support groups across Oxfordshire.
Continue to support people to get online and ensure they are
digitally included.
Expand our Children's work giving young people and families
more support and activities in their area.
Our aim is to ensure greater wellbeing outcomes for blind and visually
impaired people through various activities and work towards
preventative projects such as our peer support groups and Green
Walks.
2.3 Risks and Challenges

yvision Oxfordshlre Ltd
Our Performance
The Trustees regularly review the major risks which the charity faces,
and systems are in place to mitigate these risks while ensuring that the
needs of Myvision Oxfordshire continue to be met. Risk assessments
are conducted as required and a register is maintained to monitor these
risks.
Project delivery risk
To mitigate the risk of not delivering projects in line with the objectives
and within the approved budget, we focus on providing seniices that
are suitable to the size of the organisation aligning with the strategy
and business plan. Where possible, Myvision also works in
collaboration with other organisations to provide the best possible
outcomes for the blind and visually impaired.
Inability to secure sufficient funding
As a charity without long term sources of income perhaps our greatest
challenge is to raise sufficient funds, year after year, to enable us to
continue to offer the range of sep4ices set out above. As noted in the
Chair's Statement, the previous two years were very successful and
doubled our income; the year under report demonstrates consolidation of
this success. This is due to the efforts of our fundraising team and our
management. The intention remains to diversify and increase Myvision
Oxfordshire's sources of income to reduce the risk of damage when
individual sources fail. The Finance Committee regularly reviews our
reserves levels, fundraising activities and maintains a close watch on
both income and expenditure.
Regulatory and govemance risk
Management and the Trustees monitor and oversee the risk
management process. They assess new regulations in detail to
understand the impact on Myvision's policies and processes and where
required seek advice and support from professional advisers, including
solicitors, investment managers, property consultants and accountants.

yvision Oxfordshire Ltd
Our Organisation
3. Our Organisation
3.1 Governance
The Board of Trustees governs the charity and delegates day-to-day
management of the charity to the Chief Executive. The full Board of
Trustees meet with the Chief Executive four times per year and as
necessary.
The board regularly reviews the skills and experiences of the board
members. When gaps are identified a recruitment process will begin; a
panel made up of at least two trustees and the Chief Executive review
applications and interview candidates to present to the board for
approval
The Charity CEO inducts new trustees as appropriate. This includes
reference to the Charity Commission guidance for new trustees.
When necessary, the trustees seek advice and support from the charity's
professional advisers, including property consultants, investments
managers, solicitors, and accountants.
The current Trustees comprise:
Professor Adrian Hill (President)
Guy Lawfull (Chair)
Julian Bagwell ejice Chair)
Chinonye Nzewi (Treasurer)
Anna Driver
Simon Holt (co-opted May 2024)
io

Myvision Oxfordshire Ltd
Our Organisation
Janet Johnson
Anita Lightstone
Margaret Simpson
Aimee Tuzzio (co-opted June 2025)
Information on the Trustees can be found on our website,
MyVision.org.uk
At the 2025 Annual General Meeting, the terms of the following trustees
will expire:
Guy Lavrfull
Julian Bagwell
Janet Johnson
All three of the above trustees are standing for re-election. As Guy Lawfull
has already served three terms as a Trustee, he can only continue for a
maximum of two more terms if the Trustees pass a resolution under the
terms of paragraph 3.6(ii) of the Articles of Association. that resolution
has been passed.
In addition, Aimee Tuzzio is standing for election as a Trustee, having
previously been co-opted.
3.2 Volunteers and Staff
Volunteers
Myvision Oxfordshire relies on the help of over 90 volunteers who
make home visits, contribute to technology training, send out the
newsletter, help in the office, pick up and count collection boxes and
run social groups. Their contribution is invaluable and hugely
appreciated.

yvision Oxfordshire Ltd
Our Organisation
staff
The staff team brings a wide range of valued expertise and experience
to supporting people with visual impairments and their careers, as well
as other professionals and agencies, with a wide variety of concerns
and queries. The team works closely with our partners in the health,
education, social care and charity sectors to pursue an improved
quality of life for people living with sight loss in Oxfordshire, and for their
carers. Myvision Oxfordshire highly values lived experience of sight
loss and to date over 60% of the staff team live with a visual
impairment.
12

yvision Oxford5hire Ltd
Financial Review
4. Financial Statements
Introduction
The Trustees (who are also directors of Myvision Oxfordshire Limited for
the purposes of company law) are responsible for preparing the Trustees,
Annual Report and the financial statements in accordance with applicable
law and regulations.
The financial statements comply with current statutory requirements,
being the Statement of Recommended Practice (SORP) applicable to
charities preparing their accounts in accordance with the Financial
Reporting Standard 102, effective 1 January 2015, with Update Bulletin
1, and Myvision Oxfordshire's governing documents.
Unrestricted Funds
The net surplus (after transfers and revaluation of investments) on
unrestricted funds for the year was £20,945 (2024: net surplus of
£154,134). Unrestricted funding pays for basics like staff overheads
and other expenses towards charitable activities which, though
essential, tend to be unattractive to donors.
Investment policy
Myvision Oxfordshire held investments valued at 31 March 2025 at
£149,195 (2024: £143,081). The increase was due to a small gain in
the valuation of holdings over the last 12 months period due to the
market improving. The dividend received for this fiscal year was £8,628
{2024: £6,928).
Reserves policy
Myvision Oxfordshire plans to hold free reserves to cover six months of
expenditure, excluding depreciation, to ensure that it can meet its
objectives in the medium term. As of 31 March 2025, the value of freely
available unrestricted resepdes was £422,725 (2024: £408,280) (see
p29), which meets this policy.
The amount held in reserves was monitored during the year as part of
13

Myvision Oxfordshire Ltd
Financial Review
the Charity's budgetary and risk management process. Given the
inflationary environment in the year resulting in increased costs and
following the expansion of services offered across Oxfordshire, reserves
were increased to 8 months to meet any unforeseen operational costs
and to avoid any disruption to services.
Designated Funds
Included in the freely available cash resenies of £422,725 there is
balance of £61,195 set aside for Community Engagement and within the
Vale of White Horse.
Restricted Funds
The net deficit (after transfers) on restricted funds for the year was
£28,589 (2024: net surplus of £19,392).
Comparison to year 2023-24
It is noted that during the year under report, our expenditure was more
than income (excluding depreciation and before legacies) by £50k. The
total amount of legacies received during the fiscal year was £54K.
Legacies are vital to Myvision Oxfordshire's work and should be used to
fund expansion across services rather than support our core work. The
fundraising strategy is to focus on multi-year grants, followed by larger
trusts, whilst continuing to build other income streams. 2024-25 had a
good start and fundraising picked up within the year which enabled us to
start 2025 with a solid funding base, including the third year of our four-
year grant from the National Lottery Community Fund.
Summary
The total deficit in the year, taking restricted and unrestricted funds
together, was £7,644 (2024.. surplus of £173,526). Together with
balances brought-forward of £921 ,841 the total of Myvision Oxfordshire's
funds at 31 March 2025 was £914,196 of which £461,773 was held in
tangible fixed assets (principally Bradbury Lodge). Myvision Oxfordshire
has sufficient unrestricted reserdes to meet its reserves policy.
The Trustees are satisfied that the charity is entitled to exemption from
the provisions of the Companies Act 2006 (the Act) relating to the audit
of the financial statements for the year by virtue of section 477, and that
14

yvision Oxfordshire Ltd
Flnancial Review
no member or members have requested an audit pursuant to section
476 of the Act.
The Trustees acknowledge their responsibilities for:
(i) Ensuring that the charity keeps adequate accounting records
which comply with section 386 of the Act; and
{ii) Preparing financial statements which give a true and fair view of
the state of affairs of the charity as at the end of the financial year
and of its profit or loss for the financial year in accordance with
the requirements of section 393, and which otherwise comply
with the requirements of the Act relating to financial statements,
so far as applicable to the charity.
The financial statements have been prepared in accordance with the
special provisions for small companies under Part 15 of the Companies
Act 2006 and with the Financial Reporting Standard 102.
Signed for and on behalf of the Trustees
Date:
Guy Lawfull
Chair
15

Myvision Oxfordshire Ltd
Independent Examinerfs Report
Independent Examinerfs Report to the Trustees of Myvision Oxfordshire Ltd
I report to the charity trustees on my examination of the accounts of the Company for the year
ended 31 March 2025 which are set out on pages 16 to 29.
Responsibilities and basis of the report
As the charity's trustees of the Company (who are also the directors of the company 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 Company are not required to be audited for this
year 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 2011 ("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 Examlner's statsments
I have completed my examination. I confirm that no material matters have come to my attention
which gives me cause to believe that..
acoounting records were not kept in accordance with section 386 of the Companies Act 2006.,
or
the accounts do not accord with such records; or
the accounts do not comply with relevant accounting requirements under section 396 of the
Companies Act 2006 other than any requirement that the accounts give a 'true and fair, view
which is not a matter considered as part of an independent examination: or
.the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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.
Nicola Cadwallader FCCA
Independent Examiner
David Cadwallader & Co Limited
Chartered Certified Accountants
Suite 3 Bignell Park Barns
Chesterton
OX26 1 TD
Date
aoas
16

Myvision Oxfordshire Ltd
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
(INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT
2024125
2023124
Notes Unre51ricted
Funds
Re$trf¢tod Total Funds
Funds
2024r25
Unresiricted R&$trlcted
Fund5
Funds
Total
Funds
2023124
Ineome from:
Don81ions
Lega¢i&8
Charitable aclivili8s
Other trading activities
Inveslrngnts
Other Incom6
174,045
54,215
4,445
9,033
17,521
244,748
418,793
54,215
4,584
9,033
17,521
185,112
160.254
7,382
2,766
11,428
273.978 459,09)
1eo,254
7,382
2.766
11.428
060
139
Total Incom8
Expondlture on:
Ralslng funds
Charitable activities
12
2￿ 661980
74,089
1,212
75,301
64.940
64,994
Totsl èxp•ndltur•
Nel galns I110sse61 on
inveslmonts
31
Net Incomgllèxp•ndlturel
75,584
183,2291
17,6451
195,088
121,5401 173,S26
Transfors betwe8n funds
Nat Movement In Fund$
Reconclllatlon of fund8:
Funds broughl.forward
Unrestricted funds
Restricted funds
Totgl fund8 carded forward
20,944
128,5891
17,8451
154,134
19,392
173,526
547.15B
547,158
374 683
393,024
393,024
35
3SS 291
All ol the above amounts relate lo conlinulng acllvilies.
All recognised gains and losse5 are disclosed in the Statement of Finan¢lal Activitles. The notes on
page5 19 to 31 form part of these financial statements.
17

Myvlslon Oxfordshire Ltd
BALANCE SHEET AS AT 31 MARCH 2Q25
Notes
Totsl Funds at 31 Total Funds at 31
M8rch 2025
March 2024
FIXED ASSETS
Tangible Assets
Investments
TOTAL FIXED ASSETS
461,773
149 195
464,292
143 081
CURRENT ASSETS
Stock
Debtors
Cash al Bank and In Hand
TOTAL CURRENT ASSETS
1,168
17.937
307 808
326,911
992
12,145
311527
324.664
CURRENT LIABILITIES
Creditors,. amount$ falling due withln one
year
10
23,683
10,196
TOTAL CURRETrif LIABILITIES
NET CURRENT ASSETS
303
314468
NET ASSETS
REPRESENTED BY:
General Reserves..
Unrestricted fund8
Restricted fvnds
TOTAL FUNDS
11112
11112
568.102
547.158
374 683
The trustees are satlsfied that the charity is entitled lo exemption from the provisions of the Companies Act
2006 Ilhe Act) relating to the audit of the financlal statements for th8 year by vlrtue of section 477, and that no
member or members have requested an audit pursuant to secllon 476 of the Act.
The trustees acknowledge their responsibllitie$ for..
ensuring that the charity keeps adequate accounting records whlch comply with section 386 of the
Act, and
preparing financlal statements which give a true and fair view of the slate of affairs of the charity as
at the end of the financial year and of ils profil or loss for the financial year In accordance with the
requirements of section 393, and which otherwise comply with the requirements of the Act relating
to flnancial statements, so far as applicable to the charity.
These financial statements have been prepared in accordance with the special provisions for small companies
under Part 15 of the Companies Act 2006 and with th8 Financial Reporting Standard 102.
The finanGial ststements were approved by the Management Committee on .
on 115 behalf by-,
ZC
.2nd signed
G Lawlull, Chair
Notes on pages 19 to 31 form part of these financial slatements.
18

Myvision Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. PRINCIPAL ACCOUNTING POLICIES
Accounting Convention
1.1.1 The financial statements have been prepared under the historical cost ¢onvenlion. as modrfied by the
revaluation of certain assets, and are in accordance with applicable accounting standards. In preparing
the financi81 statements, the Charity follows best practice as sel out in the Charities SORP IFRS 102}.
1.1.2 The principal accounting policies adopted in the preparats'on of the Financial Statsments are detsiled in
the paragraphs below.
Judgments and key Sourc￿ of estimation uncertaSnty
These are either irscluded in the notes below or are of an immaterial lev81.
Funds Accounllng
1.3.1 In accordance with the SORP the funds have been analysed und&r the followlng specific headlng8:
1.3.1.1 Unrestricted Funds, which are available for any purpose wilhln the aims and objectives speclfled in
the Memorandum and Articles of Assoclation. Funds can be designated for $pe¢ific purp0s68.
1.3.1.2 Reslricled Funds, whlch are subject lo specific conditions sel out by the donors.
1.4 Incoma
1.4.1 Income is reGognised in accordance with the SORP. In general, 11 Ss recognised In the perlcd In whlch
thè Association is enlilled lo receipt, there is sufficient certainty of receipt, and the amount can be
m8asured with reasonable certainly.
1.4.2 Income is d8ferred only when the charity has lo fulfil condillons before b8coming entitled to it or where
the donor has specified that the income 1810 be expended in a future period.
1.4.3 Legacies are accounted for as they are received or if, befor8 receipt. It lJecome8 prob8ble that rt wlll
be received, and the value can be estimated with sufficient accuracy.
Expgndlture and Basls of Allocatlon of Costs
1.5.1 Expenditure is accounted on an accruals basls.
1.5.2 The Association is not registered for Value Added Tax and any VAT charged to the Association Is
included in the cost of the expense lo which il relates.
1.5.3 The m8jorily of costs are directly allribulable to speciflc chari18ble aclivilles. Where such costs relate
to more than one activity. they have been apportioned on a reasonable, justifiable and consistent basis.
1.5.4 Pay and support costs have been allocated in relation to time spent on speclfic aclivilies.
Charltablè Actlvlty Costs
1.6.1 Charitable Activity Costs include the cost of goods and services required to meet the charitable
objectives plus support costs attributable to those activities.
Capltallsatlon and Depreelatlon of Tanglble Flxed Assets.
1.7.1 All asse15 costsng more than £500 are capitalised, unless funded directly by grant,
1.7.2 Depreciation is provided using the following rates and bases to reduce by annual instalments the cost
of the tangible assets over their estimated useful lives..
Freehold Property
Slraight-line
Furniture
Slraighl-line
offi￿ Equipment
straighl-line
10./0
20%
19

yvision Oxfordshlre Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Investments
1.8.1 Investments are Included on the following basis..
1.8.1.1 Llsted investments at market value al the balance sheet date.
1.8.1.2 Realised and unrealised gains 8nd losses on investments are shown in the SOFA in the year in
which they arise.
1.9 stock8
1.9.1 Sthks are slated at the lower of cost and net realisab18 value.
1.10 Tax Status
1.10.1 The Association Is a registered charfty and Is exempt from any taxation on its charitabb activities. with
the exception of Value Added Tax.
20

yvisior) Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
INCOME
2024125
2024125
2024125
un￿StriCted
Restricted
Total
Oonalions and Logacies
Membership
Donations
Grants
Total
4,989
63,084
105,972
174 045
4,989
65,117
348 687
418793
2,033
242 715
244 748
Logacles
Charitablg Actlvltles
Charges,sales,etc
Totsl
other Tradlng Activit108
Hire of rooms. Advert etc
Totsl
Invostmgnts
Dividends
Interest
Total
139
139
445
2A
8,628
8,628
99
52
other Income
Access to work
Totsl
41
41
41
3.860
2023124
2023124
2023124
Unrestrfcted
Restricted
Totsl
Donatlon8 and Lega¢l08
Membershlp
Donatlons
Grants
Totsi
2,258
56,968
2,258
3,772
60,740
70
LL06 396 09
73
L2 I￿78 459 09
Lègacles
Charltable Actlvltlos
Charges,sales,etc
Total
Other Tradlng Actlvltles
Lellings, elc
Total
Investments
Dividends
Interest
38
6.928
6,928
4500
42
Other Income
AcGe$s to work
Total
912
21

yvision Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
EXPENDITURE
2024125
2024125
2024125
Unrestrtcted
Restricted
Total
Ral8lng fund#
Employees
62,819
62,819
Professional fees
Support costs
Total
Charltable A¢tlvltl¢•
Stsff
¢onsull8nls
and
75,859
274,843
350.502
Volunteers,
Iruslees
inc
416
486
902
Depreciation
7,718
9,976
17,694
Building related
24,226
16
24,242
5,956
5.956
IT and phones
18,430
18,430
Cleaning, etc
3,945
48
3,993
Insurance
6,242
6,242
Client Services
7,217
4,769
11,986
Marketing
3,353
3,353
Office expenses. etc
11,433
1,488
12,921
Banking costs
459
459
Governance-5alaries
36,413
36,413
GovernanGe-Other
6,845
6.845
Allocatlons.
05
Total

Myvision Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
2023124
2023124
2023124
Unrestricted
Restricted
Total
Ralslng funds
Employee costs
51,663
51,663
Professional fees
Support costs
13
54
Totsl
Charltablo Actlvltle8
staff and consultants
44,688
233,412
278.100
Volunteers, Inc trustees
1,150
1,024
2,174
Depreciatlon
7,718
9,359
17,077
Building related
33.415
8,053
39,468
Utilities
6,453
6,453
IT and phones
20,218
256
20,474
Cleanlng, etc
3,957
3,957
Insurance
5,574
5,574
Cllent services
9,078
4,087
13,165
Marketing
2,911
2,911
Office expenses, etc
11,639
1,437
13.076
Banking costs
459
459
Govemance-salaries
28,567
28,567
Governance-other
7,406
7,406
AlloGalions'
17
Total
he nel allocations equate to the support costs allocated to ￿ndraISIng and govemance.
23

yvision Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. NET INCOMEIIEXPENDITUREI FOR THE YEAR
This is stated after oharging
2025
2024
Indep8nd8nl Examinerfs Fees
5. EMPLOYEE COSTS
2025
2024
Staff costs..
Salaries
National insurance costs Inel of Employment Allowance)
Pension Costs
380.179
28.921
300.575
21,465
No employee received more than £60,000 per annum
The average number of employees during the year. calculated on a full-ume equlvalent ba513
2026
2024
Fundraislng
Charitable Acb'vities
Governance
10.0
24

Myvlslon Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. TANGIBLE ASSETS
Costlvaluatlon
Slart of year
Addltlons
Dlsposals
End of
year
Freehold propety
620,034
820.034
Office equipment
26,470
2,760
29,230
Furniture, et
11,738
11,738
Building
Panels
Solar
12,418
12,416
Total
658,242
15,176
673,418
Depreclatlon
start of
year
Depn on dl8posed
a88Ots
Charye for
year
End of
year
Freehold property
172,701
12,401
185,102
Office equipment
9,511
5,294
14,805
Furniture, elc
11,738
11,738
193,950
17,695
211,645
Total
Net Book Valu•
Start of year
Addltlonts l Not
offe¢t of d18posals
Charye for
year
End of
year
Not Book Value
464,293
15,176
17.698
461,773
7. INSURANCE VALUE OF FREEHOLD LAND AND BUILDINGS
7.1 The Bradbury Lodge premises are insured for a total of £1.193M based on a professlonal valuallon
Inole that the value for insurance purposes is different lo the sale value of the property}.
8. FIXED ASSET INVESTMENTS
Fixed asset inveslmenl$ consist of UK listed securities and
comprise..
M & G Charifund Equitie5 Investment Fund for Charities
Ilncomel
CAF Bond Income Fund
2025
2024
149,195
143,081
o.
The historic cost of the investments is £75,86012024'. £75.860)- There was £0
invested in the M & G Charifund during the financial year.
25

Myvislon Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. DEBTORS
2025
2024
Debtors
17,937
12,145
Pre-payments
10. CREDITORS: AMOiINTS FALLING DUE wrrHIN ONE YEAR
2026
2024
Operating credSlors
HM Revenue and CustomB
Pension contribulSon8
Recelpts In advance
3,814
6,714
739
3,979
6,085
132
26

Myvision Oxfordshire Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
11. FUNDS
The following is a summary of the transactions in the year on the various funds..
Balance
blfwd
Ngl ineomln
loutgolngl
r&sourc8s,
before transfers
Translers
Galns I
losses
Balance
on
Investments
Unrostrlclgd Funds
General
423.759
101,677
134.9371
6,114
496,613
Building Repair and
Maintenance
13061
10,294
10,600
Newsletter
115,3791
15,379
Communlty Engagement,
and Vale of Whitehorse
112,799
{16,5221
(35,0821
61,195
Total Unre8trlct8d Funds
547,158
69,470
{64,640}
6,114
568.102
Rootrlcted Fund6
GC Workshop
Comm Eng Oxford Clty
1,277
12,1511
{18,1161
874
18,116
Advice. Support, Informatlon
Premises
26,181
318,118
13,5041
18,3421
22,677
309,774
Children & Young people
8clivrtes
3,914
3.058
856
Coun5elling
Gmn Walks
{3,004)
3,542
110,9411
11,0641
16,0251
(17,157}
14,5351
(12,7881
(83,2291
{13.759
3,004
3,542
Comm Eng Wesl Oxfshire
Children & FamSlles
10,941
1,064
6,025
6,141
Comm Eng Sth Oxfshire
National Lollery Fund
Equipment and Demo
other
11,010
9,097
5,944
374,683
921,841
(6)
4,562
8,475
54,640
1,631
346,094
914,196
Total R9Stricted Funds
TOTAL FUNDS
6,114
27

Myvision Oxfordshlre Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12.1
NET ASSETS
The Trustees consider that the Association's net assets are available and adequate, for all fund5, to
enable it lo fulfil ils obligations.
12.2 Goneral Fund
This fund Covers all income and expenditure not covered by the other specific funds.
12.3 Bulldlng Ropalr and Maintgnanco
To provlde for the repair and maintenanGe of Bradbury Lodge and the Campoli Cenlre.
12.4 Premlses Fund
This fund was used to rewrd transactions relating to the renovation and building costs of Bradbury Lodge
and the Campoll Cenlre.
12.5 Advlcg, Support and Informatlon
All transactions relating to the advice, support and information provided to the visually impaired and their
carers.
12.6 Coun8elllng
This fund specifically Govers the couns811ing servlce.
12.7 Befrl8nding l Home Vlsltlng
During the pandemic, the Befriending scheme was inlrodu¢ed lo keep in regular contact with clients. This
will continue beyond the pandern￿. 11 incorporates the Home Visiting Scherno as clients were unable lo
be visited during the pandemic.
12.8 Ey8 Ho8pltal
This covers the seNices provided at the Oxford Eye Hospital which have be8n unable lo ¢ontSnue during
the pandemic.
12.9 Chlldr8n and Famllles
The provision of seNlces and aclNilies for children and young p8ople affected by visual impairment, and
their families.
12.10 Soclal Inv8stment Bu6ln05s Grant
Grant receivèd from Reach Fund to finance assistance in preparing busines$ plan.
12.11 Coffoe Clubs
Facilitating social meellngs for vlsualty impaired withln local communitles, These have not been able to
be held during the pandemlc.
12.12 IT Tralnlng
Provision of tuition in use of IT devices enabling visually Impaired clients lo access technology that is now
part of everyday life. This training has been very much curtalled during the pandemiG.
12.13 Communty Engagement. South Oxfordshlre. Vale of Whltehorse, West Oxfordshlre and Oxford
City
Funds received lo support our expansion of seNices across the several dislricls.
28

Myvlslon Oxfordshlre Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12.14 Comrnunity Engagement Vale of Whltehorse
Funds received to support the expansion of services across the Vale of While Horse distrSct
12.15 Get Onllne Workshops
Funds to SUPPOrt oui Get Online Get Connected Workshops. starting in 2023-24
13.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tanglble
Flxed
A88ets
Investmonts
Net Currenl
Assots
Long T9nn
Llabilitle8
Totsl
Unrestricted
Funds
145.377
149,195
273,530
568.102
Reslricled Funds
316,396
29,698
346,094
TOTAL
461,773
149,195
303,228
914,196
14.
14.1
TRUSTEES, EXPENSES AND EMOLUMENTS
No payments have been made during the year lo Iruslees12024'. £Nill.
15.
15.1
CAPITAL COMMITMENTS
The Association has no Capltal Commitment at 31 March 2025 {2024.' NIII.
16.
RELATED PARTY TRANSACTIONS
16.1 There are no related party Ir8nsa¢tions that are required lo be dlsclosed under the Financial Reporting
standard.
29

Myvlsion Oxfordshire Ltd
Appendix
APPENDIX 1: Reference and administrative details
Full Name of Charity:
yvision Oxfordshire Ltd
Governing Document:
Memorandum and Articles of
Association
Registered Company Number: 07465300
Charity Registration Number: 1140556
Chief Executive:
Mark Upton
Trusteeslcompany Directors:
Prof Adrian Hill (President)
Guy Lawfull (Chair)
Julian Bagwell (Vice Chair)
Chinonye Nzewi (Treasurer)
Simon Cruden
Anna Driver
Simon Holt (co-opted May 2024)
Janet Johnson
Anita Lightstone
Margaret Simpson
Aimee Tuzzio (co-opted June 2025)
Registered Office:
Bradbury Lodge
Gordon Woodward Way
Oxford
OX14XL
Web: www.MyVision.org.uk
E-mail: info@myvision.org.uk
Bankers:
CAF Bank Ltd
30

yvision Oxfordshiro Ltd
Appendix
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Horsey Lightly, Solicitors
2 West Mills
Newbury
Berkshire
RG14 5HG
Solicitors:
Independent Examiner: Nicola Cadwallader FCCA
Independent Examiner
David Cadwallader & Co Limited
Unit 3 Bignell Park Barns
Chesterton
Near Bicester
Oxfordshire
OX26 1TD
31