Charity number: 1154387 YORKSHIRE RETINA SOCIETY UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
YORKSHIRE RETINA SOCIETY CONTENTS Page Reference and administrative details of the charity, its Trustees and advisers Trustees. report Independent examinerfs report Statement of financial activities Balance sheet Notes to the financial statements
YORKSHIRE RETINA SOCIETY REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees C Brand H Devonport N Dhingra K Madhusudhana F Ghanchi M McKibbin A Mohla A Airody Charity registered number 1154387 Principal office Yorkshire Retina Society Trustees. clo Mr. McKibbin. Consultant Ophthalmologist, Eye Clinic, Leeds Teaching Hospitals NHS Trusl, St James's Unwersity Hospital. Beckett Street. Leeds. LS9 7TF Executive Secretary A Ball Accountsnts Armstrong Watson LLP. York House, Northallerton. North Yorkshire. DL6 2XQ Page 1
YORKSHIRE RETINA SOCIETY TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees of the Yorkshire Retina Society. also known as YRS. present their report for the period ended 31st December 2024. The Truslees have adopted the provisions ofthe Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2015}. The Trustees have also had regard to the Charity Commission's Public benefit requirement statutory guidan. The Yorkshire Retina Society is a charitable incorporated organisation established by a written constitution and registered with the Charity Commission, No.1154387. The registered office is clo the Trustees. Mr. McKibbin. Eye Clinic. Leeds Teaching Hospitals NHS Trust, st James's University Hospital, Beckett Street. Leeds. LS9 TtF. The Yorkshire Retina Society is committed lo equalty and diversity. Objectives. Oryanisation and Activities The objectives of the charity are to advance the education of the public in ophthalmology and associated medical sciences and to advance knowledge and understanding of clinical and practical ophthalmology, particularly relating io Ihe relina. through educational events. The charity also aims lo encourage and support research into the prevalen. risk factors and treatment of retinal diseases for the public benefit. The charity is organised as an independent asSoation of people interested in furthering the objects of the charity. It has a board of Trustees. and these Trustees are listed on page one. Regarding the requirement to provide benefit to the public, YRS is at the forefront of promoting education in medical retina and excellence in clinical care. During the calendar year ending December 2024, the charity arranged 2 scienttfic meetings in Hull and Leeds. These were attended by medical and non-medical staff involved in the delivery of care lo patients with retinal disease in Yorkshire and beyond. Reserves The Trustees regularly review the charity's level of reserves held against expected expenditure. The reserve is satisfactory for its current level of aclivity. The charity has not active fundraised within this financial year. The Trustees believe that the level of reserves held is adequate. During prior meetings held during the accounting period in 2022, the Trustees took the decision to offer discounted delegate rates to encourage attendance. The lower rates have been applied to all meetings planned for the foreseeable. Risk management The Trustees have rewewed the risks to which the charity is exposed and have ensured appropriate controls are in place to provide reasonable assurance against fraud and error. The attached financial ststemenls show the current state of Ihe finances, whiGh the Trustees consider lo be sound. The sources of income are sponsorship by trade companies, membership fees and meeting registration fees. The charity does not fundraise from the public. Expenditure is mostly related to hosting educational meetings and includes venue hire, audicpvisual support, refreshments and lunch for delegates and sponsors, Iravel and accommodation for speakers. The charty's bankers are the HSBC Bank. Responsibilities of the Trustees The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the surplus or deficit for that period. In preparing those financial statements the committee are required to: select suitable accounting policies and then apply them consistently. make judgment and estimates that are reasonable and prudent. Page 2
YORKSHIRE RETINA SOCIETY TRUSTEES. REPORT Icontinued) FOR THE YEAR ENDED 31 DECEMBER 2024 prepare the financial statements on the going concem basis. unless il is inappropriate lo presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable it to ensure that the financial statements comply with the Charities Act 2011. 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 was approved by the Trustees. on 26 September 2025 and signed on their behalf by.. McKibbin Trustee Page 3
YORKSHIRE RETINA SOCIETY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YORKSHIRE RETINA SOCIETY (the 'charity') I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2024. This report is made solely to the charity's Trustees, as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stste lo the charity's Trustees those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permttled by law, I do not accepi or assume responsibility to anyone olher than Ihe charity and Ihe charity's Truslees as a body. for my work or for this report. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe 2011 Act,). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515)(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Your altenlion is drawn lo the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and RepubliG of Ireland {FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practi effective for reporting periods beginning on or after 1 January 2019. I have completed my examination. I can confim that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. accounting records were nol kept in respect of the charrty as reqUId by section 130 of the 2011 Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements conceming the fomi and content of accounts sel out in the Charilies (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. 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. Signed.. Dated.. 26 September 2025 Simon Turner Armstrong Watson LLP Northallerton Page 4
YORKSHIRE RETINA SOCIETY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds 2024 Total funds 2024 Total funds 2023 Note INCOME FROM: Membership Subscriptions Meeting income Delegates fees 1,550 31,447 1,550 31,447 1,575 14,306 TOTAL INCOME EXPENDITURE ON: Meeting expenses Admin, Postage and Stationery Accountancy Paypal fees and bank charges Website costs 32,858 2,120 726 328 72 32,858 2,120 726 328 72 16,615 1,028 697 295 693 TOTAL EXPENDITURE NET INCOME BEFORE OTHER RECOGNISED GAINS AND LOSSES 2,493 2,493 3,677 NET MOVEMENT IN FUNDS 2,493 2,493 3,677 RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 18.915 The notes on pages 7 form part of these financial statements. Page 5
YORKSHIRE RETINA SOCIETY BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Note CURRENT ASss Cash at bank and paypal account 22.806 19,587 CREDITORS: amounts falling due within one year 672 NET CURRENT ASSETS NET ASSETS 18.915 CHARITY FUNDS Unrestricted funds TOTAL FUNDS The financial statements were approved by the Trustees on 26 September 2025 and signed on their behalf, by.. M McKibbin, Trustee The noles on page 7 fomi part of these financial statements. Page 6
YORKSHIRE RETINA SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES 1.1 Basis of preparation of financial statements Accounting Convention The finanal statements have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to chartties preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeclive 1 January 2019),, Financial Reporling Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income Income represents meeting members. subscriptions, meeting income from sponsors and delegates, donations, and other income receivable during the year. Expenditure Meeling Expenses refers to venue hire costs. catering costs. speaker expenses and audiovisual support. Admin, Postsge and Stationery include secretarial support costs for membership activities and meeting support throughout the year. 1.2 Donations and appeal receipts There were no major contributions made during the year. Page 7