Friends of Moorfields @" //iiiiiiNN Eye Hospital Annual Report and Accounts to 31 March 2024
Welcome to this Annual Report for the year ending 31 March 2024. We very much hope that you will enjoy reoding about our activities and occofflplishfflents. Our 60th anniversary year was a special year for Friends of Moorfields in which it wos an honour to li• meet so many people who have supported us and, perhops most importantly, so many patients of the hospital over the years. Friends of Moorfields is an exemplar amongst organisations that provide a hospitol volunteer senjice, not simply because of the high standards we set, but also through the wide range of support we provide. That support is growing all the time, responding to what is most needed from us. This year. we've estoblished new volunteer roles supporting the PALS office ond Admissions, helping fflake patients, visits as smooth os possible. As the service ot Moorfields evolves, we will keep evolving alongside them. I would like to thank my fellow trustees for all of their hard work during this milestone year, and I commend Angela and the team, who go above and beyond to help us deliver an exceptional service to Moorfields. Tim Hutchings, Chairman This has been a very exciting year for Friends, with successes big and small for the whole teaffl. We marked our 60th anniversory with a fundraising compaign, a special party and our first ever conference, and we possed o significant milestone 300 volunteers. We have continued to work on raising our profile I was very pleased to be asked to present for the second year running at the World Association of Eye Hospitals, Annuol Meeting, which took place in Sydney and Melbourne. our Heolth Information Hub team presented at Moorfields, Optometry Grand Round; and our work was featured in the ophthalmology mogazine Eye News and highlighted in the NHS Volunteering Taskforce Report. I would like to thank Tiffl ond the entire boord of trustees for their invaluable support. to me personally and to the entire staff team. Angela Smith, Chief Executive
THE FRIENDS OF MOORFIELDS EYE HOSPITAL LEGAL AND ADMINISTRATIVE INFORMATION Trustees Tim Hutchings (Chair) Richard Eveleigh (Vice Chair) Derek Jenkinson (stepped down January 2024) Michael Parker LVO Olivia Marlow Richard Walker Melonie Rochford Janet Dougharty Toyin Akinyemi Jon Spencer Neil Ashcroft O'oined during this year) Louise Boddy O'oined during this year) Chority number 1161546 Principal address 162 City Road London ECIV 2PD Independent Examiners Perrys Audit Limited Churchdown Chambers Bordyke Tonbridge Kent TN9 INR The Trustees present their report and accounts for the year ended 31 March 2024. On 31 March 2016, Friends of Moorfields Eye Hospital (Charity number 228637) transferred its trade and assets to The Friends of Moorfields Eye Hospital (Charity number1161546). The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the Charity's constitution, the Charities Act 2011 and "Accounting ond Reporting by Charities: Statement of Recommended Practice applicable to chorities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective I January 2019)"
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2024 The Friends of Moorfields Eye Hospital is a thriving and active member-led charity which has been supporting patients and staff at Moorfields Eye Hospital for over 60 years. Legal Structure, Purposes and Mission The Friends of Moorfields Eye Hospital {FoM) is established as a charitable incorporated organisation registered in 2015. It has a sister charity, Friends of Moorfields Eye Hospital, which was established in1963. Both organisations are registered charities. Fom concentrate on hands-on improvement of the patient experience throughout MEH and its networks. We do this through the provision of volunteers throughout MEH- at City Road and its larger network sites- to guide and support potients attending eye clinics. Fom also operates the Health Information Hub, providing advice and support to patients, funds the salaries of health play specialists, and give small grant5 to support other patient experience and staff wellbeing initiative5. In 2022 we adopted a new strategy for 2022-2027, with updated strategic objectives. Our Mission: "To Support and Engage with Kindness" Our Vision: "That everyone who comes to Moorfields for whatever reason has the best possible experience" Fom Strategic Objectives 2022 - 2027 To Provide an Effective, Efficient and Diverse Volunteer Service To Support MEH in the delivery of Patient Information, Engagement and Education To Support Staff and Volunteer Wellbeing (MEH and Friends) To Remain a Sustainable and Respected Organisation.
The Friends of Moorfields Eye Hospitol Trustee Report for the year ending 31 March 2024 Strategic Objective l= To provide an effective, efficient and diverse volunteer service. This is Friends, primary objective, and the oreo that we allocate most of our resources to. We employ a full-time Volunteer Service Manager and two full-time Volunteer Support Officers. Over 300 volunteers work ocross several Moorfields sites. Th.Ink You. OLU EE RS In this year: Our volunteer seniice went from strength to strength and in March 2024 os the year ended, we reached the milestone of 300 volunteers, an increase of almost100 volunteers since March 2023. The increase was largely due to an expansion of our services ot network sites, including building a volunteer team for the new Strotford site ond introducing our phone support progrom to the St George's clinic. We also created a new volunteer role at City Road - supporting the stoff in the PALS (Patient Advice and Liaison) office to help resolve potients, queries more efficiently. This year saw the successful conclusion of our initial Volunteer to Career program, with the first cohort. This project has now been adopted permonently as the Volunteer to Career Pathway, allowing volunteers to begin the process at any time and work towards poid roles in health and core at their own pace. The pathway is now a World Association of Eye Hospitals project, and we are working towards creating a toolkit which will allow other eye hospitals to learn from our success and implement their own similar projects. As port of our drive to expand training opportunities for volunteers, all volunteers have now been offered an opportunity to take part in Level l Resuscitation Training with the Moorfields resus team. The volunteer teoffl have attended o number of recruitment events and volunteering fairs, including with universities, local communities and network sites. In total our volunteers provided the equivalent of 27.5 full-time staff posts. Thank you to Moorfields Eye Charity ho generously contribute towards th Moorfields Eye Charity
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2024 Strategic Objective 2: To Support MEH in the delivery of Patient Information, Engagement and Education We will ochieve this through our manogement of the Health Information Hub and exhibition spoce, as well os through our work with young patients. We employ a full-time Health Information Hub Monoger, who is both a registered nurse and an Eye Clinic Liaison Officer (ECLO), and a Health Hub Support Officer who is an ECLO with a background in optometry. A team of trained volunteers a150 supports patients at the Hub. FHE UTURE OF ¥ RE We pay the salaries of two health play specialists who support children in the RDCEC. In this year: The Health Information Hub continued to offer support and advice to patients, handling over 4,000 enquiries this year. We worked jointly with Moorfields Eye Charity to refurbish the exhibition spoce neor the entrance of Moorfields City Rood, odding new wall coverings to allow users to display information. The spoce is now fflonaged by the Health Informotion Hub team, and stoff from around the trust can use it for awareness days, potient informotion, engagement events, and anything else that benefits from being visible to patients and staff. The team hove olso worked on raising owareness of this space. and it has been well used since it reopened, with events including a device recycling and gifting project, Rare Disease Day, Notional No Smoking Doy, fundraising ort and jewellery sales to benefit Friends, and a Meet the Met event. Between its launch in mid-February and the end of March. the space was occupied on 48% of available doys. The exhibition spoce was also used as a launch pad to direct patients and staff to the March 2024 Oriel design showcase. which took place in the Education Hub on Ebenezer Street, a few minutes, wolk from City Road. Volunteers also supported the showcase, escorting interested patients to the showcase venue, directing visitors on arrival and leoding and guiding attendees
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2024 around the Showcase a5 needed. The Hub team have kept up to date with the lotest developments in eye health and worked with colleagues at Moorfields to raise awareness of our services. Hub Manager Sabina Uddin attended the Retina UK conference in June 2023. The Hub team presented at the Moorfields Optometry Grand Round ond ron an interactive session at the LVA Grand Round. Severol Friends staff members attended Sight Village South-East in November 2023, raising awareness of our work, talking to patients, and learning more about other services that ore available, in order to better support potients. Our most significant patient information achievement this year was our conference, The Future of Eye Care- the culminotion of our 60th anniversary celebrotions. The event brought together speakers from Moorfields Eye Hospital and Friends of Moorfields to explore recent developments in eye care, from the latest scientific developments to new ideas for making the experience better for patients. The day was aimed at potients ond their families and carers, helping them to stay informed about innovations that could transform their future care. Feedback on the event was very positive, and we are now planning another conference for 2025. Strategic Objective 3: To Support Staff and Volunteer Wellbeing (MEH and Friends) We will achieve this by orgonising social events and funding small projects thot benefit MEH staff wellbeing. We will also continue to run the hospitol shop, providing a quick ond affordoble drinks and snock option for staff. In this year: As part of our 60th anniversory celebrotions, we held a special summer party at the King's Fund, to thonk all our volunteers for their hard work. Moorfields staff who have supported us over the years were also invited. We also held our usual winter party at Wogtoils. We have continued to support artwork around the hospital, including by supporting the launch of the Windows of the Soul art exhibition at Moorfields City Road, and with our cofflmissioned ortwork, Eye of Light, which now hangs in the staff rest area. We mode small grants to support staff wellbeing, including funding prizes for the annuol Christmas tree decorating competition, and a Stop Smoking Awareness contest.
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2024 Strategic Objective 4: To Remain a Sustainable and Respected Organisation We will achieve this through our fundraising os well as through communications, engagement and networking to increase our profile. OLD STREET STATION Il .Kll'iiih•r• In this year= We have been grateful this year to have been remembered in a number of wills, as well as generous donations from a number of other sources. We received a gront of £111,560 from Moorfields Eye Charity towards the core costs of our volunteer service. As part of our 60th anniversary celebrations we ran o fundraising campaign - 160 for 60 years- encouraging supporters to raise or donate £60 to mark the occasion. The compoign raised almost £6000. Our programme of tube station collections resumed, raising 15,849 over the year. We hired o Financial Administrator. Nothanio Thrussell, to support the work of our Finonce and Operations Manager Nimito Park, allowing us to process donations and volunteer expenses more efficiently. Our chief executive Angela Smith was invited to speak for o second yeor running ot the World Association of Eye Hospitals Annual Meeting, in Sydney and Melbourne. Angela spoke obout our Volunteer to Career programme and our handholding service, and continued to build our connections with eye heolth orgonisotions around the world. Our chief executive Angela Smith and Fundraising and Business Development Manager Florence Bayonne attended a corporate fundraising course in order to explore future opportunities. Our work wos featured in a wellbeing-focused supplefflent to the ophthalmology magazine Eye News, and our handholding volunteers were highlighted in a report by the NHS Volunteering Taskforce. Our communications officer Cathryn Wynn-jones began work on o new cofflmunications strategy, to be implemented in the 2024-2025 year, with the aim of increasing engagement and awareness among our supporters and seniice users.
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2024 Future Activities We will continue supporting Moorfields patients and staff, working closely with the Moorfield5 executive team and teoms around Moorfields to provide support where it is most needed. Volunteer Service We will continue to expand the service, upskill volunteers and create new roles to support the trust's needs, including in the CVI (Certificote of Visuol Impairment) office. Oriel As construction continues on the new centre for odvancing eye health - a joint initiative between Moorfields Eye Hospital NHS Foundation Trust, the UCL Institute of Ophthalmology and Moorfields Eye Charity, that will move services from Islington to a new, integrated centre in Comden - we will continue to support the Oriel team with patient engagement, by taking port in advisory groups, and with a major donation, os well os by planning for the changing needs of patients ond the adjustments required to volunteers, roles when the move to the new centre begins. Health Information Hub and Exhibition Space We will continue to raise oworeness of our services at the Hub, among both patients and staff, os well as working to support staff using the exhibition space for patient information, engagement ond education. Website Refresh and Communications Strategy We will refresh key pages on our website to ensure they are current and engoging, as well as making some technical improvements to help users have a smoother journey, particularly oround donating and membership. We will implement our new communications strategy with on iterative approach, regularly checking on what impact the changes are having ond how our communicotions can be ifflproved. The Future of Eye Care 2025 We will work towords another conference in 2025, building on the success of our 2023 event.
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2024 Financial Review In spite of the tough economic climote our supporters rallied and gave us £32,147 in donations and subscriptions in the year to 31 March 2024 (2023: £128,076). They were also very generous in remembering us in their wills,. they left us 1207,536 in legacies in the year (2023: 1103,919). The hospital shop continues to odd to our finances with a net contribution of £19,820 (2023: £23,386)" and other fundraising brought in [20.363 (2023: £7,164). This yeor we received an 1111,580 grant from Moorfields Eye Charity towards the core costs of running our volunteer service. The Trustees have assessed the major risks to which the Chority is exposed, and are satisfied thot systeffls are in place to mitigate exposure to the mojor risks. Accumulated surpluses are included within the Unrestricted Fund and are ovailable for use at the discretion of the Trustees in furtherance of the Chority's general charitoble objectives. Trustees have committed funds to continue to support the expansion of services wonted by Moorfields NHS Trust, and which will enoble Friends to make o significant contribution to the anticipated major new hospitol project. Accumulated surpluses arising from the Restricted Fund are available for use only in furtheronce of the use specified by the donor. To remain a sustainable nd resperted organisatbon EXPENDITURE BY STRATEGIC OBJEcfivE staff and volunteer wellbeing To provide on eflective ar diverse volunteer service Patient information, engagement and education
The Friends of Moorfields Eye H05Pital Trustee Report for the year ending 31 March 2024 Structure, Governance and Management The Charity was registered as a Charitable Incorporated Organisation in May 2015. The Committee ofTrustees may elect any member of the Friends to be a member of the Committee to fill any vocancy to hold office until the conclusion of the next Annuol General Meeting At the conclusion of eoch Annual General Meeting. one third of the fflembers for the time-being of the Committee or the neorest to one third shall retire froffl office. but are eligible for re-election. Whilst the Chority has no forfflal process for the training of new Trustees, oll new Trustees are supplied with, ond requlred to reod. the latest Charity Commission guidance for Trustees, including guidance on Safeguarding and Public Beneflt. Our policies include the provision of books, information packs and other material relevant to tosks undertoken by individual Tru5tee5 on behalf of the Charity. From time to time the Committee of Trustees in its entirety hears from an expert on specific matters. The Trustees form o Main Committee, o Finance Committee and o Fundraising Committee. These meet al least bi-monthly. The Finance Cornmittee, chaired by the Hon. Treasurer, reports to the Maln Committee. Statement of Trustees Responsiblllties The Trustees ore responsible for preporing the Annual Report and the financial statements in accordance with applicoble law ond regulotions. Law applicable to chorities in England and Wales requires the Trustees to prepare financial statements for each finoncial year which give a true and foir view of the state of affoirs of the Charity ond of the incoming resources ond application of resources of the Charity for that period. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistently: observe the fflethods and principles of the Charlties SORP: make judgements ond accounting estimotes that ore reosonable and prudent: prepare the financial statements on the going concern basis unless it is inoppropriote to presume that the Chority will continue in business. The Trustees ore responsible for keeping odequate occounting records that are sufficient to show and explain the company's transactions ond disclose with reasonable occuracy at any time the financial posltlon of the Charity and enable them to ensure thot the financial stotements comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the ossets of the Charity and hence for toking rea50noble steps for the prevention and detection of fraud ond other irregulorities. Tim Hutchings Chairmon Neil Ashcroft Treosurer
FRIEIYDS OF MOORFIELDS EYE HOSPITAL REPORT OF THE INDEPENDENT EXAMINER For the year ending 31st MAr¢h 2024 Independent examiner's report to the trustees of The Frlends of Moorfields I report to the trustees on my exarnination of the accounts of Friends of Moorfields Eye Hospital (the Charity) for the year ended 31 March 2024. Respective responsibilities of trustees and the exxminer: The Charitys tn15tees are responsible for the preparation of the accounts in accordance with the Charities Acl 2011 ("the Act"). The Charitys truslee5 consider that an audit is not required for this year under section 144 of the Act and thal an independent examination is needed. It is my responsibility to; examine the accounls under section 145 of the Act. to follow the applicable Directions given by the Charity Commission under seclion 145{5)(b) of the Acl and to stale whether particular matters have come to my attention. B*si$ of independent examlner's statement My examination w&$ carried out in accordance with the general Directions given by the Charity Cornmi5sion. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts pr¢s¢nted with those re¢ords, it also includes consideration of any unusual items or disclosures in Ihe accounts and seekin8 explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an Audit and Consequently no opinion is given as to whether the a¢count5 present a 'true and fair view and the report is limited to those malters set out in Ihe statement below. Independent ex4mlner'8 Statement In conneciion with my cxaminalion, no material matters have come to my attention which give me cause to believe that in any material respect: the accounting records were not kept in accordance with section 130 of the Act. or the accounts did not accord with the accounting records. or Ihe accounts did not comply with the applicable requirements concernin8 the fomi and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 olher than any requir¢ment Ihal the accounts give a'trLte and fair view which 15 not a matter consid¢r¢d 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 und¢rstanding of the accounts io be reached. Steph¢n Hale FCA FCCA Perrys Audlt Llmlted Churchdown ChAmbers Bordyke Tonbridge TN91NR Date: 4,/zC
The Friends of Moorfields Eye Hospitsl ststement of Financial Activities for the year ended 31 March 2024 2024 Unrestricted 2023 Unrestricted Notes Income and Endowments from Donations and Legacies Charitable Activities other Trading Activilies Investments Grants: Other 239.684 231.995 102.318 52,337 111,560 22,905 91.645 48,622 150,¢JOO 22.192 Total 528,804 544,454 Expendlture on Support CoslslRaising Funds Charitablè Activities 51.023 566,368 41,758 504,979 rotal 617,391 546,737 Nel incomingllouigoing) resources before ITansfers (88.58n (2,283) Nel gains on investments 155,745 (189.136) Net movement in funds 67.158 (191,419) Funds al 1 April 2,370,251 2,561.670 Funds at 31 March 10 2.437.409 2,370,251
The Frlends of Moorflolds Eyo Hospltal Balanc• Sheet a8 at 31 March 2024 2024 Noto9 Unrn4tricted 2023 Unrostrictod Flxed assgts Tangible fixed assets Investments including inv8strnent cash 2,741.639 2,741,639 2,283.275 2.283,275 Current a8sets Stocks Debtors Cash at bank and in hand 10,853 51.850 340.934 11.462 90.096 1,105.448 403.637 1,207,006 Credltors.. amounts f811ing due withln on8 y8ar (370,867) (453,030} Net current a¥Jsets 32,770 753,978 Crodltor8.' amounts falling due after one year (337,0(KJ) (667,0001 N8t assets 2,437,409 2.370.251 Funds Unr8Strlct6d fijnds.. Rèstricted funds: Total funds 2.437,409 2,370.251 io 2,437,409 2.370,251 Tim Hutchings Chairman Neil Ash¢xoft Treasurer Date
The Frlfrnds of Moorflelds Eye Hospltsl Cash flow statement for the year anded 31 March 2024 2024 Unrestrl¢ted 2023 (reststed) Unrestrl¢t•d Net Income before gains or losses {88,587) (2.283) Reconclled to cash generated fmm operatlons Dividends and inlerèsl from investments Cash inflow due lo decrease in stock Cash inflow due lo decrease in debtors l{increase} Cash oufflow due lo decrease in creditors (52,337} 609 38,246 (412,163) 148,6221 6,061 {46,0641 165,3791 Net cashflow from oporatlons 514,232 156.287 Cash flo¥Ys from Investlng actlvltlos Dividends and interest from investments Proceeds from sale of investrnents Purchase of investments 52.337 899,121 11,219,245) 48,622 (61.5791 Decrease In cash 1782.019 169,2441 Bank balance as at 1 Aprll 2023 in¢luding investment cash 1,138,253 1,307,497 Bank balance os at 31 March 2024 356.234 1.138.253
The Frlends of Moorfields Eye Hospitsl Notes to the accounts tsih• y•4rinthd 31 ltsrch 1024 I prtnclp81 accountlng pollclos The prirKipal account9 le5 adopted in the preparnlKiTh of lh• 8tstem8nts ar• aet out 8nd 8re unchanged from the prev y•ar. The Financial Slatemnls ha¥e wepared urthr thè htord c4)st wnvents)n wrfh itèms recognised at COJI unless otheMf¢ Ststed in the rdEvant note to the¥e wunts. Th Fin•ncwl Statements have been prepared in accordwnc• wth 9OKable accountsng standards. the Slalewent ol Recommended PrnclKe'Accountsng and Rewrbng by Charth8 prepariw xcounts •ccordance wth Ihe Finanry81 repty¢irvJ St¥ndBrd appluble In Ihe UK Bnd Repu I Irdar¥J IFRS1021 and Chantsos Acl 2011. Ibl Furhd •cGoyntlny Ill Unre$wicled funds are av•lAt4e lor al the dwc¥elb)n of the trn81a in lurth8rarKe ol th• ••n•ral obiectN•# of Iht chanty. 1511 D•signaled funds ar• unrèsirttsd funds ¢•m•th•d by Trust for ynKLl•r Purp). 11111 Restrthd lund8 èrn subpcted to mtrKtr)n8 on fvir xp•ndrfur• Impow by the thry)ugh lh• of an appeal. 1¢> Incom• JI InGorne 1> Indu(led in the slotsmont ol fina[ rthiths when tho ch•rty * •1j t tho irKom• and tho antrjunt can be guantrfNryd wrth rn•BoMblé accuracy. fthw•ig afe apF4J 10 particular u¢egorS ol Incom•. 111 Vdunl•ry Incoff¢ is received by w4y of grnnts. gfftl qnd Ya indLthd in lul in the Stoterywjnl cl FiMnci•l Actrt when rec8waL4e. Illl Grnnts, where enlrfeThnt 15 not condrtKffjl on the dew4 rf a iF•cffic p•rfornwne• by th• charty, are reco9Thad Wft tPbt chonty b颕fiw •nliMed to th• gr•ht. 11111 D¢nated wvK•• •nd •r• indwJ&J •1 th• ¥dufr to the clwnty thii c4n b• qu•ntifi•d. lfvl The vlue ol •ervic•i Prov•d by vcAunt¢er• hos not been ndw1eLI In Ilw ¥c¢4)unts. Iv) In¥e8lment irurne an8•$ Irorn Int•re8t rec8wablé on In intsre8t ljooritYJ b•nk accounts and 18 iK4uded whèn receNatle. Ivil Incoming reur¢ Irom ch•ntAt4e trdirvJ •re •c¥ounl•d lor emed. Iviil lfi¢oming resour¢ ffr gi•nlS. whore related lo pertorm18 and 8pecrfK ddNernt4••. ar• ccounl•d for a¥ lh• chwrti the r¥Jhl to u>Mklernlk)n parf(rnnc•. Idl Exp•ndltur• Expendiwre Is recogn18ed on èn ceruo1 •• • l•bdty li ExperKlrfur• indth any VAT which connot be fulty r•covered. 111 Casts ol g•néfaiing funds compnse the costs aMc¢i•tod with attraLr¥J ¥c4urrtary irKorn •NI the co¥ts ol Iradiry lor fUrralID9 puwi. Illl charrtab •xpendrture compnsès those Cosis Iyed by tho chanty In ddwery of •¢bvrtw and ¥ervre• lor rfs bene1K¥. It Indj•S iJlh costs Ih•t can t• alncalad dir t¢t su¢h XlNibeS Hnd th0 C1$ of 4n Inth•ct nature rStary to iupport them. (Sill G0ManCe cos18 indudtr cosb a$Cled wrth rnta the ron$tsbJthxd •nd ¥t•lu r¢yuifftmènts d th¢ ¢h•rity •nd indtjdv the eIrt fe•• and C18 linked lo the straieg manageffnnl of the ehonty. I) All costs are •llorwted beNveen the expendrture cairies ol the SOFA on a ba$1$ desyned to refkct the use ef the resource. Co8ls relating lo a partdr •rlNty •h¢ed direcuy. olhers 8Fe apporbomd on an approwtv 1rd. Tangib fixed asiels #re written off ovr Ihe expected useful Ilo or t a••et. at 33% par amum on the Strah1 line mbihod. Il¢mi ov•1 £500 awe CaPrt•J. lfj I¥trn•1 Fmed at Investments wyesent Ii$ted Inve¥tmnts whKh stsltsl at market VIk. Any realistrd gains Jre •ccounled for In Ihe Staleffnt of ActNrts Igl Slo6k Slock Is valued At Ihe Iwer ol c4J8t and rwjl redable valw. Ihl 13olng conc•rn In assessing the charitys •blty to conlinue as 8 grj cortern. the knJstees havo cons*J its Iw4uidty position. The chanty has swanffunt reserves to upon. W0rf be avadat40 to mset cash flow requirnments. For thi5 rea50n, the trustees bel¥8 apwowth to Conm to adopt tr going C4x¢em bwsis in [n[vd Ihe8e XCOUTht8.
The Friends of Moorfields Eye Hospital Notes to the Accounts for th• y•ar qnd•d 31 Marrh 21124 20241 2024 Unr•stricted R•strict•d 2024 rotal 2023 Total Income •nd Endowmenl¥ In)m Leyaoes Donations Membership Inu)me Fundraising Activities Incom• from Shop 207,536 32,148 2.466 20.363 102,318 207.536 32.148 2,466 20.363 102.318 103.919 128.076 2.485 7,164 91.645 Grant from MoorfielY$ Eyg Chority 111.560 150.000 Inveslmenl income Other Income 52,337 76 52.337 76 48.622 12.543 Tot•1 $28,804 628,804 644,464 Expendlturn on Charitable acllvilies Slaff Costs Giants Hospllal Shop Stock Advertising and Promollon Otr Costs 383,884 51.908 83,830 25,896 40.850 363.884 51.908 83.830 25.896 40,850 337,039 22,468 68,2S9 9.200 68,013 566.368 686,388 504,979 Ralsing Funds Staff Costs Inveslmenl managernent fees Advertising and Promolion Legal and Consullancy Governance cosls Accountancy fees Independent examination lee Prior year audit fae Other Costs 15.182 12.517 12.409 5.730 58 15,162 12,517 12.409 5,730 14,116 12,788 2,859 29 3,437 3,437 1.710 1,710 S,256 61,023 51,023 41,738 Tot•1 617,391 617.391 $46.737 Exp*ndlture by Str•tegk ObJocllve¥ To provide an effective, 8ffiaent and diverse volunteer seryice. incl grant from Moorfiekls charity 345.739 345.739 306.173 345.739 345.739 306.173 To support MEH in the delivery of patient Inlormation, engagement and education To remain a sustalnable and respected organi5ation To 5UPPOrt staff and volunteer wellbeing (MEH and FInds} 179,043 179,043 158,554 74,087 74,087 65.608 18.522 18.522 16,402 Total 617,391 617.391 646,737
The Friends of Moorfields Eye Hospital Notes to the flnanclal stalements frrth• y•ar ond•d 31 Mah 2024 4 Grnnt> awarded During Ihe year The Friend5 01 ald the grants". Grnnt Art Programme seol rant Prw510n ol art wnd the ho¥Mlal. £333 Other Commiimenis £51.575 ol Fiah Tanks. Beds, M•aaanes and Play Thernpists Tol81 Grgnl• Award•d £SI.908 IS InvtrJtm•nts Stock• and •har Mov•m•nt In yo•r 2024 2023 Martel ¥alu8 ol In¥88lm•n16 •xduding in4sbn•nt tash At l Ap4 2023 2,250.470 2.378.027 Sal88 proceedi Pur¢h•w• ol inv••tm•nts (889.1211 1.219.245 81.57• Unré*ised galns R88IIs8d 98in5 Total Inveslmenli 93.431 62,314 2.728,339 1189.1361 2.250,470 C•th 15.3LMI Klortel ol In¥8•lm•nl8 thcwng Inv•8lm8nl cash At 31 March 2024 2 74113• 2 28) 275
The Friend3 of Moorfields Eye Hospital Notes to the flnanclal statements lorth• y•r •nd•d 31 Mvth 2024 6 Flx•d Assots 2024 Comput•r •quipm•nt 2023 Computrr equipmfrnt Co•t'. At 1 April 2023 At 31 Klarth 2024 5.Tr)7 S.007 5.0)7 5,1107 D•prnctlon'. Al 1 April 2023 Al 31 K4Jrth 2024 s,7 5,007 S.007 5.007 N•t Book V•lu•'. Al 31 K4ar¢h 2024 Al 31 Mrch 2023 7 D•btorn: èmwnii lallng dut wbthln ttn• 2024 2023 VAT Sundry 08bl 24,)86 27,464 20.917 63.179 51,150 90.096 8 Cr•dltorn: amourst8 lalllNJ due wllhh) one •r 2024 2023 Grwls and comm11mlI Accounts payable Sundry rn¥itorB •ccnM 333.()J 31,027 6.840 333.000 110.825 9.205 370.867 45JMg0 g Cr•dltorg: amounts l•lliNJ •tler mor• Ihln one In Ihe yew 8nd8d 31 Marth 2020. Iht tharty rxmnmitled Elmkn Ityw8rds Propd Ornl- a F)Ini inll18fve befvfftn Mr1dS Eye Hospiial NHS Found&tyon Trnsi (Kloold5). UCL Inslilulo of Ophthalrnoltyy Mooffj8ld6 Eye Chartty lo lby a new c4ntye eye care. resear¢h and •ducalw. Dunno Ihe year, 8 paymenl 01£330k w81 made in rospeL% ollhe psffdge. Of the outstanding amounl olE670k. E333k lals thje Mithin yew wd E337k aft•r Ihan on8
The Friends of Moorfields Eye Hospital Notes to the flnanclal statements lor thè y•Jr end•d 31 March 2024 10 Mowments In fund¥ 8•lanc• at 1-04-23 Invoshwent BlJn¢• at qains 31473-24 umnty•4r Incomln Unresidctod bJnOs ReslriEled knnd 2,370.251 528.004 (617.3911 155,745 2.437.409 Total funds 2.370.251 s2&04 (617.3911 153,745 2,437.4D9 B•l•n¢•i 1.04-32 vu¢fft•nt 8•l•n¢• •1 J13.1j Pr•vbui y••r In¢omlftg Unrnslnctod fund8 Resid&6d lut)d Tol81 lunds 2.561.670 544.454 1546.73n 1189.1361 2,370,251 2.561.670 544.454 1546,73 1189.1361 2,370,251 11 Staff co•t• and numb•rn 2024 2013 SrAnrle$ 4nO wig•i Pension SodAI svcurity co¥1• 280.926 34.616 30.813 281,B72 29,108 29,826 JM.187 320.701 Th• •v•rng• number ol Stall •mpWd thJrfNd tho vi io io ND member ol staff recel¥8d ernMeI$ th •xc•M alE80,(W tho y•w. 12 P•n•lon ¢o•ts The Lartty operales a delined conlnbutson Knson ach•m• mwaged by NEST (>oup plc. The ch8nty conlrtbules 10% I gros6 5*4ry for all qu811ty.ny ompwts. The of th• stheme are h8kl sepwai8ty trom IhoBe ol th• charity. PanOn colts charytrd in Ihe Sla1•ml ol AcJlth8 lopr•sl I conblbjtsony p•y•blo by Ihfr In lh• ar. 13 Tru•t•••' r•mun•rntlon •nd •xpenM• There %Y•rn no Irustoe remune1 or bon•fitJ in the •r(2023 £n41. One PBymenl in ro¥pect ol expens8s relmbursemenl of t17.20 w8$ madè to Tofft Akknyemi on 261h SeplembBr 2023. There ¥Yere no relaled paty IM8ath)ns In Ihe yèar IrK)nt m 20231. 14 C••h flow •tst?m•nt comp•r•tlv• Infornmtlo Cash flow swemèni rA)mp8rnbvfr vrfOrmal haB bean rtstaiad tYn0 w Orrwin Lgst
Friends of Moorfields @. //iiiiii%X Eye Hospital Registered Charity1161546 The Friends of Moorfields Eye Hospital 162 City Road , London ECIV 2PD Phone: 020 72511240 . Emoil: moorfields.friends@nhs.net www.friendsofmoorfields.org.uk @MoorfieldFriend www.facebook.com/friendsofmoorfields