jwl
Eyes Seeing Aopes
2022
ANNUAL
.ORT

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

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Our work
Al Basar InLernational Foundatiorn I z022 Antbual Ileporr

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

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

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11
Fina

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||||Unrestricted|Restricted|Totol|Total|
|---|---|---|---|---|---|---|
|||Nates|funds 2022<br>6|funds 2022<br>6|20226'|2021<br>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<br>on:|||||||
|Raising funds|||8,881|628|9,509|26,722|
|Charitable<br>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::|





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||||||Vnrestrrcted|Restricted|Totol||Total|
|---|---|---|---|---|---|---|---|---|---|
|||||Nates|funds 2022f|funds 2022<br>f|2022f|'|2021<br>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|
||Tata1foods||||||llalnro|||
|L||||||||||





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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||||||||





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|<br>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<br>activities|||||
|purchase oftangible fixed assets|||(1,081,496)|(707,401)|
|Soleoftangi b(efixed ossets||||3,232|
|Net cash asecfininvesting<br>activities|||(1,081,496)|(704,169)|
|Change in cash and cash equi va(entsin the<br>reporting period|||2,443,708|(3,SZS)|
|Cash and cosh eeu(vo(eats otthe beglnningof<br>reporting<br>period|the||1,165,318|1,168,843|
|Cosh ond cosh equivo(ents atthe end ofthe<br>reporting<br>period|||3,609,026|1,165,318|





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



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|||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|





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||||Total|Toto(|
|---|---|---|---|---|
||||2022f|2021<br>f|
|Donations|tomajor|appeals|13,851,888|8,562,495|



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



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|||||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|



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||6.Suppo|rt costs||||||
|---|---|---|---|---|---|---|---|
||||ndonagement|Financef|Other<br>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|||||||





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||||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<br>6|2021|
|Auditors'remuneration|||||30,873||
|Eiepreciation<br>-owned assets|||||230,398|'(67,674|
|Other intangib(e fixed assets amortisotion|||||192||



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|.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<br>activities|||141|141|
|Admin 8Support|||134|134|





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|0.Comparatives|For the statemen|ts<br>oF Financial activi|tie|s||
|---|---|---|---|---|---|
|||Unrestricted||Restricted|Total|
|||fundf||fund<br>f|fundsf|
|income and endowments|from|||||
|Donatians and legacies||595,950||7,96o,545|8,562,495|
|Other<br>income||228,414||3,262,944|3,491,358|
|Tete(||824464||11~~|12,0$3,893|
|Expenditure<br>on||||||
|Roising funds||26,722|||26,722|
|Charitable<br>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<br>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<br>carr)ed forwart(|||||Srllta903|





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|1.intangible<br>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$|





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|2.Tangible<br>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|





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|2.Tangible<br>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|



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





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|4.Debtor|s: amounts<br>Falling|due within one y|ear|||
|---|---|---|---|---|---|
|||Gr'atrp|Charity|Group|Charity|
|||2022f|2022|2021<br>f|2021<br>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||



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||Group|Charity|Group|Charity|
|---|---|---|---|---|
||2022f|2022<br>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|





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|16.Movement|in Funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||AC<br>01/01/2022<br>E|||Net,<br>movemenCsin<br>funds<br>E|.|Transfers<br>betvreen<br>funds:|'|AC<br>31/12/22<br>6|
|unrestricted<br>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<br>foeowsr|funds, includedin|the above are as|||incoming<br>resources|'|Resources:<br>expended||Movement<br>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::|





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||16.Movement<br>in Funds|(cont)||||||||
|---|---|---|---|---|---|---|---|---|---|
||Comparatives formovementin|funds:|At<br>01/01/2021<br>6||Net:<br>movements',<br>in funds:<br>6|i|Transfers<br>between<br>funds:<br>E|''<br>i|At<br>31/12/21 .<br>6|
||Unrestricted<br>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<br>net movementin<br>are asfonowst|funds, included in t'he above|||Incoming<br>resources<br>6||Resources<br>expended<br>6|i|Movement<br>in funds<br>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|





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|6.Movement<br>in Fu|nds (cont)|||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
|A currenC year 12months and prior year 12<br>months combined posiCionis asfollows:||AC<br>01/01/2021<br>E|||movements<br>in funds<br>E|bettveen<br>funds|AC<br>31/12/22<br>E|
|Unrestricted<br>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<br>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<br>—Group|||
|---|---|---|---|
|||2022f|2021<br>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<br>December 20221|Aggregate ossets and liabilities ofeach subsidiary asat31<br>December 20221|Bongladesh|oubal<br>2022f|Nigeria<br>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|



## 



#Eyesopen
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 (0044) 208 899 7420
contsct@aLbasar.org.uk
wvM.albasar.org.uk
() Cv) @albasarUK
Charity Reg.1160758