2022-12-31-accounts

jwl Eyes Seeing Aopes 2022 ANNUAL .ORT

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Seeing loved ones through cataracts is a clouded reality for millions. ThankFully, cataracts are treatable with eFfective medical interventions.

Our work Al Basar InLernational Foundatiorn I z022 Antbual Ileporr

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Cataract can disrupt livelihoods by irnpairing vision, but fortunately, it is a treatable condition with effective medical interventions.

"For a child with m (short sightedness OF glasses changes everything" -Dr Shariq Masood. Medical Director opia a pair Al Basar Intemaknonal Foun¢Jaiion12O22 Annl￿1 Report 20

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192,L Cataract removal can be refflarkably swift and straightforward; it merely requires a brief, 15-minute surgical procedure to restore clarity OF vision.

11 Fina

			Unrestricted	Restricted	Totol	Total
		Nates	funds 2022 6	funds 2022 6	20226'	2021 6
income and endowments	from:
Donations and legacies			955,619	12,896269	13,851,888	8562,495
Ocherincome			354,198	4,535,178	4,889,376	3,491,358
Total			1,309,817	17431,44T	18,T41,264	12,053,853
Expenditure on:
Raising funds			8,881	628	9,509	26,722
Charitable activities			313,548	16,190,788	16,$04,336	10,049,084
Total expenditure			3ZZ,429	16,191,416	16,$D,845	10,075,806
Pletlncome			987,388	1,240,031	2,227,419	1,978,04T
Reconci&atlon offunds:
Total funds brought forward			2,398,077	3,389,826	5,787,903	3.809,856
Totalfirods avrlef forererd			3~6+66	4,629,&ST	8,015u322'-,	$,787,%B::

					Vnrestrrcted	Restricted	Totol		Total
				Nates	funds 2022f	funds 2022 f	2022f	'	2021 f
	Fixed assets
	Intangible	assests			916		916		1,085
	Tangible assets			12	4,131,197		4,131,197		3,179,173
	Total				4,132,113		4,132,113		3,180,2SB
	Current assets
	Stocks			13	860,686		860,686		939.619
	Debtors				849,783	4,629,854	5,479,637		4,920,876
	Cash at bank				2,334,571	1,274,455	3,609,026		1,165,318
	Total				4,04$,040	5,904,309	9,949,349		7,025,813
	Creditors
	Amounts foiling due within oneyeor			15	(6,066,140)		(6,066,140)		(4,418,168)
	Net current	assets			(2,021,100)	5,904,309	3,883,209		2,607,645
	1otal assets	less current	iiabi lities		2,111,013	5,904,309	8,015,322		5787,903
	Net assets				2,111,013	S904309	8015422		5,787,903
	Funds
	unmstricted						2,111,013		Z,398077
	Restricted						5,904,309		3,389,826
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			Unrestricted	Restricted	Restricted	Totol	Total
		Nates	funds 2022	funds	ZVZZ	2022	2021
			6		6	6
Fixed assets
intangible	assests
Tangible assets		12	1,762			1,76'2
Total			1,762			1,762
Current assets
Stocks		13
Debtors		14	849,783	892,164		1,741,947
Cash atbank			1,518,932			1,518,932	52,281
Total			2,36'8,715	892,164		3,260,879	52,281
Creditors
Amounts fa(ling due within oneyear		15	(z,zer 044)			(z,ze7,044l	(21,7571
Net current	assets		e1,6r1	lt92,164		973,83S	30,524
Total assets less current Vabietres			e1,6r1	892,164		973,83$	30,524
Net assets			81,671	892,164		973,835	30,524
Funds		16
unrestricted						81,671
Restricted						R92,164	30,524
Totalfends

year ended 31	De	cember 2	022
			Tote(	Tata(
		Notes	2022:	202 1
			6	6
Cash flows from operating activities
Cash generated from operations			3,32$,204	700,644
Net cash provided by operating octhdties			3,525,204	700,644
Cash flows frominvesting activities
purchase oftangible fixed assets			(1,081,496)	(707,401)
Soleoftangi b(efixed ossets				3,232
Net cash asecfininvesting activities			(1,081,496)	(704,169)
Change in cash and cash equi va(entsin the reporting period			2,443,708	(3,SZS)
Cash and cosh eeu(vo(eats otthe beglnningof reporting period	the		1,165,318	1,168,843
Cosh ond cosh equivo(ents atthe end ofthe reporting period			3,609,026	1,165,318

Reconciliation ofne ctivities	tincome to net cash flow from oper	ating
		Tote!	Tote!
		2022	20Z1
		6	6
Netincome for the reporting Acti vi ties)	period (asper the statement ofFinancial	Z,ZZ7419	1,978,047
Ad)ostments for:
Depreciation charges		230,590	167,674
Decreasej(increase) in stocks		78,933	(939,619)
increase in debtors		(558,761)	(4,920,876)
increase rn creditors		1,547,023	4,415,418

		At		At
		01/01/2022	cash flow	31/12/2022
		6	6	6
1(et	cosh
Cash	atbank	1,165,318	2,443,708	3,609,026
		1,16M18		3,609,026

			Total	Toto(
			2022f	2021 f
Donations	tomajor	appeals	13,851,888	8,562,495

.O	th	er income
			Total		Total
			2022f		2021
Fees	on	dsupplies	4,889,376	3,49	1,358

				Totol		Total
				2022		2021
				f		f
Advertising,	events	ond publications		628		6,636
Support costs				8,881		20,086
					'I
				9,$09
.Charit	able	activities costs
				5upport costs
			Direct costs	(see note 6j		Totals
			f			f
Charitable	accivities		10,663,915	5,840,421		16504,336

	6.Suppo	rt costs
			ndonagement	Financef	Other E	Governance f	Totaisf
	Raising donations and legacies				8,881		8,881
	Charitable	activities	4,629,976	520,151	659,415	30,873	S,840,421
,	rotttl

			Raising		Total	Tote(
SupporC	costs, induded (page 46)are as		donations	Charitable	acCivities	acCiviCies
fo(lowe:			and (egades	acCivities	2022	2021
			E	E I		E
				2,143,043	2,143,043	2,031,303
Socialsecurity				49,044	49,044	8,624
Pensions				98,267	98,267	21,945
Support	costs - Admin			2,339,622	2,339,622	825,653
Support	costs - Finance			520,157	SZO,157	Z,081,832
Support	costs- premises			659,415	659,415	588,329
Support	costs		8,881		8,881	20,086
Auditors'	remuneration			30,873	30,873	9,641
' Total			8,881	!,840~1		gi887,4$a
7.Net	income (expenditure)
t(etincomef(expenditures		isstated after	chargingf(credit(ngf:		2022 6	2021
Auditors'remuneration					30,873
Eiepreciation -owned assets					230,398	'(67,674
Other intangib(e fixed assets amortisotion					192

.Sta	fF costs
		2022	2021
		6	6
Wages	and salaries	2,143,043	2,031,303
Social	security costs	49,044	8,624
Other	pensron costs	98,267	21,945
		2290~4	2,001,$77

			2022	20Z1
The average monthly	number ofemployees	during the year was asfollows:	leo.	llo.
Charitable activities			141	141
Admin 8Support			134	134

0.Comparatives	For the statemen	ts oF Financial activi	tie	s
		Unrestricted		Restricted	Total
		fundf		fund f	fundsf
income and endowments	from
Donatians and legacies		595,950		7,96o,545	8,562,495
Other income		228,414		3,262,944	3,491,358
Tete(		824464		11~~	12,0$3,893
Expenditure on
Roising funds		26,722			26,722
Charitable activities		1,646.408		8,402,676	10,049,084
		1,673,130	J	Sr40Z,6?6	10,4@,806
Netincome (expenditure)		(848,766)		2,826,813	1,978,047
Transfers between funds		(499,714)		499,714
I(etmovementin funds		(1,348,480)		3,326;$27	1,978,047
Reconciliation offunds
Total funds brought forward		3,746,557		63,299	3,809,856
Totntftlnds carr)ed forwart(					Srllta903

1.intangible Fixed assets
	Other
	intangible
	fixed assets
	6
Cost
At 1January 2022	1,276
Exchange differences	31
At31December ZOZ2	1,307
Admortisation
At 1January 2022	191
Charge for year	192
Exchange differences
At31December 2022	391
)tetbook tratae
At31December 2022	916
At31December 2021	1,08$

2.Tangible Fixed assets
	Freeho(d		Plant and	Fixtures and
	property		machi nary	fittings
			6
Cost
AC 1January 2022	1,248,296		2,000,259	618,992
Additions	101,020		149,616	50,214
Dispose(s			(1,540)	(319)
Exchonge differences	10,854		(3,503)
AC31December 2022	1,360,170		2, 144,832	668,887
DepreciaCion
At 1January2022	18,566		1,420,288	446,031
Charge foryear	1,498		165,022	58,046
EiiminaCed on disposal			(1,540)	(319)
Exchonge differences
AC31 December ZOZ2	20,064		1,583,770	503,758
IVetbook value
AC31December 2022	1,340,106		561,062	165,129
At31December 2021	1,229,730	'	579,971	172,961

2.Tangible Fixed assets (cont)
	Motor	Capital work
	vehicles	in progress	7otols
	E	f
Cost
At 1January 2022	177,718	1,24o,860	5292,125
Additions		780,646	1,081,496
Disposais			(1,859)
Exchange differences	(7,706)	(3,356)	(3,711)
At31December 2022	170,012	2,024,150	6,368,051
Depreciation
At 1January 2022	139,897		2,024,782
Charge foryear	5,832		230,398
Eliminated on disposal			(1,859)
Exchongedifferences	(16,467)		(16,467)
At31December 2022	129,262		2,236,854
IVet book tralee
At31December 2022	40,750	2,024,150	4,131,197
At31December 2021	37,821	1,246860	3,267,343

		2022 E	2021f
Stocks		343,231	284,053
Finished	goods	517,455	655,566
,:Tata(		86'0,6'8b

4.Debtor	s: amounts Falling	due within one y	ear
		Gr'atrp	Charity	Group	Charity
		2022f	2022	2021 f	2021 f
Trade debtors		3,636,787	1,741,94T	4,757936
Other debtors		99,251		161,466
Prepayments	and accruedincome	1,651		1,474
Total			1,741,947	ran&20,87ti

	Group	Charity	Group	Charity
	2022f	2022 f	2021f	2021f
Trade creditors	2,451,890	1,967,096	2,010,873
Other creditors	1,913,976	48,746	1,876,043	540
Accruais	1,700,276	2T1,202	531,252	21,217
Tates	ft066r141	2r287,'044	4j414188	291757

16.Movement	in Funds
		AC 01/01/2022 E			Net, movemenCsin funds E	.	Transfers betvreen funds:	'	AC 31/12/22 6
unrestricted funds
General fund		2,398,077			987,391		(1,274,455)		2,111,013
Restricted funds
Ege Camp			423,690		2,50o,906;				2,930,596
Major OperaCions					(860,532)		860,532
Medical &Surgical		1,533,256			(1,947,1/9)::		413,923	'
OpCics		1,417,848			1,426,079:				2,843,927
Other Projects			15,032		114,754				129786
Total		3,389,826			1,240,028:		1,274455:		5,904,309
,.'Total Etrnds		5,787A103		I					&dt55a922::
IVetmovementin foeowsr	funds, includedin	the above are as			incoming resources	'	Resources: expended		Movement in funds
					E
Unrestricted funds
General fund					1,309,817		(322,426)		987,391
Restricted funds
E)re Camp					9287403		(6,780497)	'	2,$06906
Major OperaCions					2,021,924		(2,882,456)		(860,532)
Medica! &Surgical					2,633,974		(4,581,1$3)		(1,947,179)
OpCics					3,041,123		(1,615,044)		1,426079
OCher Projects					447,023:		(332,269)		114,754
Total					17,431,447		(16.191,419)		1,240,028
					18,741F864		(18/513845)		4227,419::

	16.Movement in Funds	(cont)
	Comparatives formovementin	funds:	At 01/01/2021 6		Net: movements', in funds: 6	i	Transfers between funds: E	'' i	At 31/12/21 . 6
	Unrestricted funds
	General fund		3,746,557	'	(848,766)	,'(499,714)			2,398,077
'	Restricted funds
	Eye Camp		7,901		415,789				423,690
	Major Operations		9,412		(509,127):		499,714	.
	Medica(8 Surgical		33,037		1,500,220	'			1,533,257
	Optics		12,843		1,405,005				1,417,848
	Other Projects		106		14,926				15,032
	Total		63499		2,826,613		499,714		3,389,826
i	Totalfunds				1,972'd47
			i
	Comparative net movementin are asfonowst	funds, included in t'he above			Incoming resources 6		Resources expended 6	i	Movement in funds 6
	Unrestricted funds
	General fund				824,364,		(1,673,130j		(848,766)
	Restricted funds
	Eye Comp				1,401,695		(985906)		415,789
	MajorOperations				1,669,772		(2,178,899)		(509,127)
	niedical 8surgical				5,860,795;		(4,360,575):		1,500,220
	Optics				2,278,356		(873,351)		1,405005
	Other Projects				18,871		(3,945)		14,926
	Total				11,229,489		(8,402,676)		2,826813
					12,053,853		(10,075,806);		6978,047

6.Movement in Fu	nds (cont)
					Net	Transfers
A currenC year 12months and prior year 12 months combined posiCionis asfollows:		AC 01/01/2021 E			movements in funds E	bettveen funds	AC 31/12/22 E
Unrestricted funds
General fund			3,746,557		138,625	,'('1,774,169) .	2,111,013
Restricted funds
Eye Camp			7,901		2,922,695		2,930,596
nfajor Operations			9,412		(1,369,659)	1,360,247
Medical CC5urgical			33,037		(446,959)	413,922
OpCics			12,843		2,831,084		2,843,927
Other Projects			106		129,680		129,786
Totol			63,299		4,066,841	1,774,16'9	5,904,309
			3,809456		at205,46		8,0fEtr822-
				I
A current year 12manths	and prior year 12months				Incoming	Resources	Movement
combined net movementin	funds, includedin	the above are			resources	expended	in funds
asfollawsr					E	E	E
cmrestricted funds
Genera( fund					2 134181	(199SI5$6)	138i625
Restricted funds
Eye Camp					10,689,098	(7,766,403)	2,922,69$
Major Operations					3,691,696	(5,061,355)	(1,369,659)
Medical &Surgical					8,494,769	(8,941,728)	(446,9$9)
OPCics					$,319,479	(Z,488,395)	Z,831,084
Total					Zltr6&,936	(24r594095)

17.Fin	ancial instruments —Group
		2022f	2021 f
Financial	assets measured at amortised cost	9,949,349	6,086,194
Financial	liabilities measured at amortised cost	6,606,141	4,418,168

Aggregate ossets and liabilities ofeach subsidiary asat31 December 20221	Aggregate ossets and liabilities ofeach subsidiary asat31 December 20221	Bongladesh	oubal 2022f	Nigeria 2022f
Fixed assets		3,296,493	135,108	698,825
Current ossats		1,182,217	4,080,534	1,691,860
Current liability		(11,607)	(2,470,828)	(719,485)
		4,467,103	1,744,W4	f,6rsulg
Aggregate income and spend ofeach subsidiary	during the period:
income		5,700,925	4,571,428	4,502,801
Spend		(5,167,716)	(4,625,331)	(3,592,898)
		ggg~	(&$kgl	909,903

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Cataracts hinder many children's academic potential by clouding their vision, affecting millions. Yet, effective cataract treatments exist to restore clarity and possibility. llll

Bullding 3. 566 ChiswickHigh Road. London W4 SYA l United Kingdom I [phone] 7420 [e-mail] wvM.albasar.org.uk () Cv) @albasarUK Charity Reg.1160758