Friends of Moorfields @. ///iiiii%N Eye Hospital Annual Report and Accounts to 31 March 2025
Welcome to this Annuol Report for the year ending 31 Morch 2025. We very ffluch hope that you will enjoy reading about our activities and accomplishments. Friends of Moorfields is an exemplor amongst organisations that provide a hospitol volunteer service, not simply becouse of the high stondards we set, but also through the wide range of support we provide. That support is growing all the time. responding to what is fflost needed from us. It15 yet again, very sotisfying to reflect on how our volunteers and stoff team have consistently mointained the highest of standards in supporting potients through o variety of different. but equally important roles. The compassion. dedication ond commitment of our volunteers, supported by first class teams of professional staff, is the absolute diiving force behind this. I would like to thank my fellow trustees for all of their hard work during the year. ond 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 o very exciting year for Friends, with successe5 big and small for the whole team. This year we have focused on expanding the volunteer service in the network sites, so that anyone having surgery at Moorfields has occess to a handholder. We have also stepped up our involvement in Project Oriel - the new centre for eye core at St Pancros. looking ot ways volunteers con help prepare for and support the move. I would like to thank Tim and the entire board 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) Richord Eveleigh (Vice Chair) Michael Parker LVO (stepped down January 2025) Olivia Marlow Corl Curbishley {Appointed Januory 2025) Richord Walker Melanie Rochford Janet Dougharty Toyin Akinyemi Jon Spencer Neil Ashcroft Louise Boddy Charity 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 ond accounts for the yeor ended 31 March 2025. On 31 March 2016, Friends of Moorfields Eye Hospital (Charity number 228637) transferred its trode and ossets to The Friends of Moorfields Eye Hospitol (Charity number1161546}. The occounts have been prepared in accordance with the accounting policies set out in note I to the occounts ond comply with the Charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statefflent of Recommended Proctice applicoble to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) (effective I
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2025 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 orgonisotion registered in 2015. It has o sister charity, Friends of Moorfields Eye Hospital (MEH). which was established in 1963. Both orgonisotions 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 patients attending eye clinics. Fom also operates the Health Information Hub, providing advice and support to patients. funds the salaries of health play specialists, and gives small grants to support other patient experience and staff wellbeing initiatives. In 2022 we adopted a new strategy for 2022-2027, with updated strategic objectives. Our Mission: "To Support ond 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 on Effective, Efficient and Diverse Volunteer Service To Support MEH in the delivery of Patient Information. Engagement ond Education To Support Staff and Volunteer Wellbeing (MEH and Friend5) To Remoin a Sustainoble and Respected Organisation.
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2025 Strategic Objective I: To provide an effective, efficient and diverse volunteer service. This is Friends. primory objective. and the area that we allocate most of our resources to. We employ a full-time Volunteer Sepdice Monager and two full-time Volunteer Support Officers. Over 300 volunteers work across several Moorfields Sites. In this year: Our volunteer service went from strength to strength- and in March 2025 os the year ended, we had 331 active volunteers. This yeor we have significantly expanded our handholding service, which is now being offered at Moorfields clinics in Ealing, Northwick Park. Bedford. Croydon. Potters Bar, St Anns and St George's. os well as continuing ot City Road. li I i Inrr 3 A rd$ Contxt Len5 tr pwrnaty (• We created a new volunteer role at City Road - supporting the staff in the CVI Icertificate of Visual lfflpairmentl office to help with adfflinistration. We have also started helping in the Children's pharmacy. This year the Volunteer to Career Pothway. allowing volunteers to work towards paid roles in health and care ot their own pace. has gone from strength to strength with over 20 volunteer5 moving into paid roles during this year. As part of our drive to expand training opportunities for volunteers, all volunteers have now been offered on opportunity to take port in Level l Resuscitation Troining with the Moorfields resus team. The volunteer team hove ottended o number of recruitment events and volunteering foirs, including with universities. local cofflmunities and network sites. In total our volunteers provided the equivalent of 30.5 full-tiffle staff posts. ' ou to Moorfields Eye Charity ho generously contribute towards the funding of our Volunteer Service. Moorfields .- Eye Charity
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2025 Strategic Objective 2: To Support MEH in the delivery of Patient Information, Engagement and Education We will ochieve this through our monogement of the Health Information Hub and exhibition space, as well as through our work with young potients. We employ o full-time Health Inforfflation Hub Manager. who is both a registered nurse and an Eye Clinic Lioison Officer (ECLO), ond a Health Hub Support Officer who is an ECLO with a background in optoffletry. A team of troined volunteers also supports patients at the Hub. 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 enquirie5 this year. We also manage the exhibition space near the entrance of Moorfields City Road, with wall coverings to ollow users to display informotion. Staff from around the trust can use it for awareness days, patient information, engagement events. ond anything else thot benefits froffl being visible to patients and staff. The team hove olso worked on raising awareness of this space, and it hos been well used this year, with events including a device recycling and gifting project, Rare Disease Day, National No Smoking Day, fundroising art and jewellery sales to benefit Friends. and a Meet the Met event. This spoce wos occupied on 48% of avoilable days. The Hub team have kept up to date with the latest developments in eye health and worked with colleagues at Moorfields to roise aworeness of our service5. Hub Monoger Sabina Uddin attended the Retino UK conference in June 2024. The Hub team presented at the Moorfields Optometry Grand Round and ran an interactive session at the LVA Grand Round. Several Friends Staff members attended Sight Village South-East in November 2024. raising awareness of our work, talking to patients, and learning fflore about other services that are available, in order to better support patients.
The Friends of Moorfields Eye Hospital Trustee Report for the yeor ending 31 March 2025 The Health Hub team handle many potient enquiries on a doily bosis- PAIIENT ENQUIRIES G•rrtr4lN•Tr• AWAsth&T•¢h 14% CaUns•iUnsUpPartGr0 Com•1 Cond 4* H•11 Condnk io% Strategic Objective 3: To Support Staff and Volunteer Wellbeing (MEH and Friends) We will achieve this by organising sociol events and funding sffloll projects that benefit MEH staff wellbeing. We will also continue to run the hospital shop. providing a quick and offordable drinks and snacks option for stoff. In this year: We have supported the play therapists with a grant that allowed them to buy ipods for young patients to use during their appointments. We also purchased sensory toys and lighting. We have continued to support artwork oround the hospital, including by supporting the launch of the Windows of the Soul art exhibition ot Moorfields City Rood, ond with our comfflissioned 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 annual Christfflas tree decorating competition. and o Stop Smoking Awareness contest.
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2025 Strategic Objective 4: To Remain a Sustainable and Respected Organisation We will achieve this through our fundroising as well as through cofflmunications, engagement and networking to increase our profile. OLD STREET STATION In this year: We have been grateful this year to have been remembered in a number of wills. 05 well as generous donations from a number of other sources. We received a grant of £11l.560 from Moorfields Eye Charity toward5 the core costs of our volunteer service. Our programme of tube station collections resurned. roising £5,959 over the yeor. More Partnership with Moorfields Eye Charity= Friends of Moorfields and Moorfields Eye Charity jointly commissioned a piece of work by consultants. The aim was to look ot woys the two charities could work better together to support the patients ond staff at Moorfields. This involved a series of in-depth interviews with representatives from both charities as well as the trust's executive teom. They recomfflended we adopt a 'Strotegic Alignment. model where both charities remain as separately governed organisations, but acknowledge a clearly oligned purpose, and place shared ifflpact at the heart of decision-making. Trustees from both organisations agreed to this approoch. We continue to be held in high regard by the Moorfields executive team ond others in the trust and the wider sector. Angela Smith, our chief executive. spoke at the Westminster Volunteering Conference in October and we ore represented in numerous working groups and committees throughout the trust. We were shortlisted for The Charity Awards 2025 under their Heolthcore and Medical Research cotegory. 2025 THE CHAFIITY AWARDS SHORTLISTED
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2025 Future Activities We will continue to support Moorfields potients and staff, working closely with the Moorfields executive team and teams around Moorfields to provide support where it is most needed. Volunteer Service We will continue to expond the seniice. upskill volunteers ond create new role5 to support the trust's needs, including in the CVI (Certificate of Visual Impairment) office. Oriel: As construction continues on the new centre for advancing 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 Camden - we will continue to support the Oriel team with patient engogement, by taking part in odvisory groups. with a major donation, as well as by plonning for the changing needs of patients and the adjustfflents required to volunteers, roles when the move to the new centre begins. We will recruit and troin a team of volunteers who will be expert5 in the project and be able to update and advise patients and visitors. Health Information Hub and Exhibition Space: We will continue to raise awareness of our services ot the Hub. offlong both patients and staff. as well as working to support staff using the exhibition space for patient inforfflotion. engagefflent and education. We will look to offer this service ot one or more of the diagnostic hubs. Website Refresh and Cofflfflunicotions Strategy= We will refresh key pages on our website to ensure they are current ond engaging, as well as making some technical improvefflents to help users hove o smoother journey. particularly around donating ond membership. We will implement our new communications strotegy with an iterative approach. regularly checking on whot impact the changes are having and how our communications can be improved. The Future of Eye Care 2026: We will work towards another conference in 2026, building on the success of our 2023 event.
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2025 Financial Review In spite of the tough economic climate our supporters rallied and gave us £43,465 in donations and subscriptions in the year to 31 March 2025 (2024. £32,147). They were also very generous in remembering us in their wills" they left us £654.932 in legacies in the year (2024: £207,536). The hospital shop continues to odd to our finances with a net contribution of £29,334 (2024: £19,820) and other fundraising brought in £8,283 (2024". £20,363). Thi5 year we received a £111,560 grant from Moorfields Eye Charity towards the Core c05t5 of running our volunteer service. The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to fflitigate exposure to the fflajor risks. Accumuloted surpluses are included within the Unrestricted Fund ond are availoble for use at the discretion of the Trustees in furtheronce of the Chority's general charitable objectives. Trustees have committed funds to continue to support the expansion of services wanted by Moorfields Eye Hospital NHS Trust, and which will enable Friends to make a significant contribution to the anticipated major new hospital project. Accumulated surpluses arising from the Restricted Fund are available for use only in furtherance of the use specified by the donor. EXPENDITURE BY STRATEGIC OBJECTIVE To prle aTh ¥onteer informat
The Friends of Moorfields Eye Hospital Trustee Report for the year ending 31 March 2025 Structure, Governance and Monagefflent The Charity was registered as o Charitable Incorporated Organisation in May 2015. The Committee of Trustees moy elect any member of the Friends to be a member of the Committee to fill any vacancy to hold office until the cor)clusion of the next Annual Generol Meeting. At the conclusion of each Annual Generol Meeting. one third of the members for the time-being of the Committee or the nearest to one third shall retire from office. but ore eligible for re-election. Whilst the Charity has no forfflal process for the training of new Trustees. all new Trustees are supplied with, ond required to read. the latest Chority Cofflmission guidance for Trustees, including guidance on Safeguarding and Public Benefit. Our policies include the provision of books, information packs and other material relevant to tasks undertaken by individual Trustees on behalf of the Charity. From tiffle to time the Comfflittee of Trustees in its entirety hears from an expert on specific fflotters. The Trustees form a Main Committee, a Finance Cofflmittee and a Fundraising Comfflittee. These meet at leost bi-monthly. The Finance Committee, chaired by the Hon. Treasurer. reports to the Main Committee. Statement of Trustees Responsibilities The Trustees ore responsible for preparing the Annual Report and the financial stotefflents in accordance with applicable law ond regulations. Law applicable to charities in Englond and Woles requires the Trustees to prepore financial statements for eoch finonciol yeor which give o true and fair view of the state of offoirs of the Chority and of the incoming resources and application of resources of the Charity for that period. In preparing these financiol statements, the Trustees are required to: select suitable accounting policies ond then apply them consistently; observe the methods and principles of the Charities SORP: make judgements and accounting estimates that are reasonable and prudent" prepore the financial statements on the going concern basis unless it is inappropriate to presuffle that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable occuracy ot any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the ossets of the Charity ond henc for taking reasonable s s for the prevention ond detection of fraud and other irregularities. Tim Hutchings Choirman Neil Ashcroft Treasurer Date.....
THE FRIENDS OF MOORFIELDS EYE HOSPITAL INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE FRIENDS OF MOORFIELDS EYE HOSPITAL Opinion We have audiled the financial stolements of The Friends of Moorfields Eye Hospitol (the 'chaiTty'I for the year ended 31 March Tr25 vthich corn15e the stotement of Ilnoncial activifies. th8 bak]nce Sheet and noles to the financial 51atements. including swJnrficont occounting poficies. Th8 linonciol reporhng framework that has been appfied in theK preporolion i% opplicable l(Jw ond United Kingdom Accounting Standds. including Finonciol Reporting Standard 102 The finontiol Reporhng Standard applicable in the UK and ReptJblNc ol Irekrnd Iurrfled Kingdom Gen01 Accepted Accounting Practicel. In our opinion. tha ffnancÉol slatemenls.. glve o trve ancj fair view of the stote of the chorify's offoirs 05 Ot 31 Maich 2025 and of ils incoming resources ond opplicotion of iesources. for the year then ended: . have been properfy prepared in accordonce with Uniled Kingdom Generoly Accepled Accounling# Practice.- and hove been prepared in accordance wilh Ihe requirements of the Chorities Act 2011. BasT5 for oplnlon We conducted QLV OULt in aCcdanCe wrlh k)tefftotional Stondord5 on Auditing IUKI IA5 IUKII ond applicable knw. OVT re5pon5ibifitie5 under tr05e slandord5 are fvrther descnbed in the Auditorfs responsibrfities for the audit of Ihe financial slatements section ol our report. We Ore independent ol Ihe chority in accordance with the ethical requirements Ihat ale relevont to our audit of Ihe finoncial Statements in the UK. including the FRC'S Elhical Slandord. and we have fullilled our other ethical responsibilities in accoTdancÈ these reqlirements. We bel8ve that the oudil evidence we have obtoined is sufficient ond opp10[Ole lo provide o bosis lor ovr opinion. Conclusions relallng to going concern In auditing the financial slotemenls. we have concluded Ihot thg Irv5tee5' V5e of the going concem basis of accovnting n the preparotM?n of the roncl slatements 15 oppropriate. Bosed on the wotrt we have perf0Md. we hove not identified ony moleriol uncertainties reloting to events or condtlion5 thot, Individual or collectively. moy cosl significont doubt on the chority's abibty to continue os o going concern for o period of ot leost hyelve monlh5 from when the finoncid statement5 are uuthorised for i55ve. Our responsibiftties orKI Ihe responsbiThies of the InJslee5 with respect lo going concem are described in the relevont sections of th report. other Infomiallon The other informotion comprises the information included n the unnual rep¢)rt olher thon the financial slotements ona our ovdif(x5 report IheTeon. The tru5tee5 ore responsible for the olher infomalion contcined within the onnuol Teport. Ovr opinion on Ihe finoncial statements does not cover the olher infcvmolion ond we do nol expre55 any form of assurance concbJsion thereon. OUT responsibifity s lo reod th8 Othar infcymation and. in doing 50. consider whether the other inlomolion is moteriolty incor$5151enl with Ihe financial slotements or our knowledge obtained in Ihe course of the audit. or olhepNise appears lo be materially misstated. If we identfy svch maleriol inconsistencies or oppaignt moteriol mi%stolÈmenls. we are required to determine whether this gives rise to a materiol msslolement in the finonciol 51otements themsel 4es. If, based on the w(M we have performed. we conclude that Ihere is o moteriol mi551alement of this olher informotion. we are requtred to report Ihol lact. We hove nothing lo report Ihis regard.
THE FRIENDS OF MOORFIELDS EYE HOSPITAL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE FRIENDS OF MOORFIELDS EYE HOSPITAL Muttws on which we are Tequlred to leport by excepNon We huve nothing lo report in respecl of the folkiwng matters in relalion lo whtch Ihe Chorities (Accounts and Reportsl Regubthon5 2(KJ8 require us to report to you if. in opinion: the information given in tt)e finoncial slolements is IOnSi11eD1 ony maleriol respect Wbth the trustees, repcrt.- or sullicient accounting record5 have not been kept: or the financial stolements ore rK)l in ogreement %Mth the accounting records: OT we hove not received all the infonnation and expkJr)otions we Tequire for OUT audit. Responslblltles ol Iwstees As explained more lully in the slotement of trustees. re5ponsiblrties, the Irustees are responsible lor the preporation or the financiol stotements ond for being satisfied thot they give a frve ond foir view,. ond for svch inlemol control 05 the trustees determine 15 necessary to enab the preporotion of financiol stotemenls that are free from moleriol Mstatement. whelher dva to ftovd or errot. In preporing the financial 5toternents. the tSleeS ore responsible for assessing the choftty's obility lo conknnve as a going concern, disc105ing. as appriCate. motter5 Teknled to going concem and using the going concern basis of accounting unles5 the Iruslees eilher intend to cease opeTotions. or have no realtIC alfemolive but lo do. Audlbffs respon5Tr1 Jllilie5 for the audit of the Ilnancial 5talements We have been appointed os oudtlor under seclion 144 of the Chariti85 Act 2011 and Teport in accordance Ih Ihe Act and rdevant regulations mode or hoving eflecl fheieunder. Our objectives are to obtain reosonabl8 assuionce obovt whelher the financial stotements os a whole ore free from material mi5Stalement, whether due lo froLKI or eOr. and to Issue an aUdit'S report that inclvde5 our opinion. Reasonable assurance is a high level ol assurance bul 15 not o guaTantee that an audit conducted in accordonce wth LSAS IUKI will oNvoy5 delecf a moterial mI101eMent when il e51$. Misslatements can ori5e from fraud or effor ond ore considered rteriO1 if. indiviclually or in the aggregote, they could reasonably be expected to influence the ecomIC deci>ons ot us laken on the baSbS of these linancKJl stalements. The extent lo whTch our procedwes lye copoble ot d8tecting irregularities. including travd, 15 detailed below. We gained on undwstanding of the legd ond regukjlory fromework appiicoble to the entify cnd the indusfry in which operotes and considered the risk of ocls by the enlrfy that were contrary lo opplicoble lows and regulalsom. including fraud. We de5Tgned aurfit procedures to respond to the iisl recognising that the risk ol not delecting o material misstolement due lo fraud is higher thon the risk of nol detecting one resulting from error. as fraud may involve deiiberote concealment by. for exomple. forgery cr intentionol mwepresenlations. or through collusion. We focused on Iow5 ond regulolion5 which could give ris6 lo a Mote01 mi•alemen1 in the finonclal slolemenls. Our tests included agreeing fhe disclosure5 in the finonciol 5talements to Ihe vnderfying supporting documentation and enquiries monagement. We cfid not identify ony key oudil matters rebting to irtegvlarilies, including froud. As in oll our oudits, we also odclressed the rsk of monogement overtide of intemal conlTols. including testing journa15 ond evoluolion whether there w05 evidence of tmas by Ihe trustee5 tt represented a risk ol mitatement due lo froud.
THE FRIENDS OF MOORFIELDS EYE HOSPITAL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE FRIENDS OF MOORFIELDS EYE HOSPITAL A further description of our responsib-ltlies is avolabie on the Financiol Reporting Council's website ot.. hllps:l/www.frc.org.uk/auditowesponsibil";ties. fm5 de5CriPtTon foms port of oui audilofs report. Use ol our report Thi4 report is mode sOlY to Ihe chority's tru51ees. 05 a body. in accordonce with port 4 of the Charilies IAccount5 and Reportsl Regul0lior 2CKJ8. Our audit work been undertaken so thot we might slote to Ihe charity's Irustees those motters we ore required to slote to them in on audito. report ond for no other purpose. To the fullest exlenl pemiitted by law. we do nol accept or assume re5pon5ibTI Iti to onyone olher thon the charity and the chority's Irvslees a5 a body. for our ovdit worL for this ieport. or lor thg opinions we have fomied. Stephen Hole (SenloT 5talvtrory Audltor) For and or behofi of Perys Avdlt Llmlled Chartered Accovnlants and Stolutory Audit¢r Churchdown Chambers Bordyke Tonbrldg• K•nt IN91NR 2?
The Friends of Moorfields Eye Hospital statement ol Flnancial Activities fortho ysar ended 31 March 2025 2025 2024 Unrestrf¢ted Unrestrfcted Notes Income and Endowments from Donations and Legacies Charitable Acttvities Other Trading Activities Investments Grants Other 698.397 239,684 120.407 79.422 111,560 10,663 102.318 52,337 111,560 22,905 Tolal 1.020.449 528.804 Expenditure on Support CostslRaising Funds Charitable Activities 66,396 574.866 51,023 566,368 Totsl 641,262 617,391 Net incomingl(outgoing) resources before transfers 379,187 (88,587) Net gains on investrnents 63,983 155,745 Net movement in fvnds 443.170 67.158 Funds at 1 April 2.437,409 2.370,251 Funds at 31 March 10 2.880.579 2,437,409
The Friends of Moorfi•lds Eye Hospltal Balance Sheel as at 31 March 2025 2025 Noles Unrestrlcted 2024 Unrestricted Fixod assets Tangible fixed assets Investments induding investment cash 2,484 2,641.714 2,644.198 2.741,639 2.741,639 Current assets Stocks Debtors Cash at bank and in hand 14.653 38,487 590,913 10,853 51,850 340,934 644.053 403,637 Creditors.. amounts falling due within one year (407.672) {370,867) Net curnt assets 236.381 32,770 Credltors.. amounts falling due after one year (337.000) Net assets 2,880,579 2.437.409 Funds Unrestricted funds: Restricted funds: Total funds 2.880.579 2,437,409 10 2.880,579 2.437,409 rim Hutchings Chaiman Neil Ashcroft TTeasurer Date
The Friends of Moorflelds Eye Hospital Cash flow ststemenl for th¢ year ended 31 Mar¢h 2025 2025 Unrestricted 2024 Unrestricted Net Income before galns or losses 379,187 (88,587) Reconciled to Cash generated from operdtions Depreciation Dividends and interest from investrnents Cash oufflow dLJe to increase in stock Cash (oufflow)finflow due to increaseldecrease in deblors Cash outflow due lo decrease in creditors 810 (79,422) (3,800) 13.363 (300.195) (52.337) 609 38,246 (412,163) Net cashflow from operatlons 9,943 514.232 Cash flows from investing actlvitles Dividends and interest from investments Proceeds from sale of investments Purchases of inv8strnents Purchase of langible fed assets 79,422 346.323 (187.386) (3,294) 52.337 899,121 {1.219.245} Increase In Cash 245.008 (782.019) Bank balance as at 1 Apnl 2024 including investmenl cash 356.234 1,138,253 Bank balance as at 31 March 2025 601.242 356.234
The Friends of Paoorfields Eye Hospital Notes to tho accounts the yèaronded 31 Mar¢h 2025 1 Prlncipal a¢coynWng poll¢les The principal accouriting policies adopted in tho preparon of the financial ststements are set out bekjw and are unchanged from the previou5 sear. lal Basis of accounting Tha Finanrial Statements have been prepared under the histcwl cos1 wnvenkn.on th items recognised al cost Un$$ otherAse stsled in the rèlevant notg lo thesg accounts. The Financaal Slalements have been prepared in accordancè %Mth appIlble accounting standards. the Slalement of Remmended Practlce"Accounling arwj RepJts'ng by Charilies preparing fh8ir ac(x)urts in acurdance vthh the Finan0 portIng Stsndard applicoble in Ihe UK and Republic of IrelaThl IFRS1021 and the Chartbes Act 2011. IbTr Fund accounting 111 UnTeStried lurwjs are available for uso at Iha disu8lton of tr[te8$ in furtheran of the general objecbves of the Gharity. lill Designated funds are unreslricled funds eamiarked by lh& Trustses for particular purposes. liiil Restricted lunds are subjected to restrKtions cffl theirexpendilure imposed bythe donor Ihrough the terrns an appeal. (cl Income l inrne is included In the slatemenl of financial a¢bvÉbesthtsn the charity Is entslled to the income •nd thè amount can be quantified wth reasonable aGi7Jaty. Thè folowing sp8cffic policies a applied to particular cafegories of income. (il Volunlary ineDmè is rwvèd by way Df grants. donalions and gifts and is incjuded in full in the Slaletllenl of Finantsal Activitres when receivable. lill Grants, where enlitknienl is not CA)ndOnal on Ihe delt¥ery ol a pertormance bythe d)arity. are reCOlSed when the chaiity un(Thditlonally enthued lo the grant riiil Donated semces and faLY"ll.es 8rÈ include(l atthe value to the dIltyWherethl$ ¢an quanlified. INI The value of servKes provided by Volwbteers has noi bèèn indLwJèd in these unts. Iv} Invèslment income arises from interest rècèlvabl8 on fiJnd5 held in inter85t bearing bank acUnts and is inctuded when receivable. Ivtl Incoming resour from Gharilable trading acb.vty a(xounted forwhen eamed. Iviil Inwming resour from gran15. there related to perfomiance and specific delNerabl68, accounted for as the tharity eams th8 rightlts (xjnstderation by [15 perforynance. {dl Expendlture Expenditure is cOgniSed on an accrual basFs as a liaLifty 15 inajrred. ExpwM1iture hicludes anyVAT Ich cannot be fulty recov8r8d. (il Costs ol generat'ng funds 0)mpri5e the cos15 a55(o&ed attracliThJ volunlary ino)me and the cts ol tradlng for fundr8isin9 purposes. Illl Charitable expenrtUre o)mprises those costs inwrred by the charity in Ihe delivery of its activthes and serwces for Ils benefiri£S. It in¢ludès l)olh costs that w be alhxatèd dir8cIty lo su¢h activities and those costs of an indirèct naiure nerary10 them. lid) Govemanc8 cos15 inrlude th¢Jse costs associated tretiny the ¢onstrtuthiJnal and stabJlory requirements of Ihe charity and indude the auditfee$ and costs linkthy to th8 strategic rnanag8rnant of Iha charity. livl All costs are allOted between the expenditure categortes of SOFA on a basi% deslgn8d io refiect the use of the resouice. Costs rElatiny to a particular actwty are allocated direcuy. ott5 are apporty0 on an awY0prts b85its. {e) Fixed assets Tangible fixed assets are *ritt8n oft overthe expected useful lile of the asseL at 33% per annvrn on the straight line melhod. Items costiThJ over £500 are cai•tslised. lfj Investments Fr4ed asset investrnents represent listed invethents T[th are stat1 at mathet valuation. Any reali8ed gains are accounted for In the Slat8m&nt ol FinanL?al Activdie& Igl Stoek Stock is ¥aed at the IDwer of &)sl and net reali5ablE value. Ihl Going concern In assessing the charitys alIty10 continue as a golng concern. the truslaas hav8 consKlered its liquidity paSon. The charity has significant reserves lo draw upon. which 4KJukl be available to meet cash flow requirements. For Ihi$ reason. Ihe truslee$ beleve it is approprtate lo continue to adoO th go(n9 ¢on¢¥rn basis in wepaiTrng 1hese ounts.
The Friends of Moorfields Eye Hospital Notes to the Accounts foTthe yeaf ended 31 March a)2S 2025 2025 Unr•sts*cted Restsythd 2025 Total 2024 rotal Incomè and Endowments from Legacies Donations Membership Income Fundraising Activities Income from Shop 654.932 43,465 2.279 8.283 120.407 654,932 43,4&5 2.279 8.283 120.407 207,536 32,148 2.466 20.363 103.650 Grant from bknrfields Eye Charity 111,560 111.560 111,560 Investment income Olher Income 79.422 101 79.422 101 52.337 76 Total 1.020.449 1,020,449 530.136 Expenditure on Charitable activities 388.590 51,350 82,226 6.002 388,590 51,350 82,226 6.002 46.698 363.884 51.908 83.830 25.896 40.850 Grants Hospital Shop Stock Advertising and Promotion Other Costs 574.866 574,866 566.368 Raising Funds 16.191 13.327 6,251 16,191 13,327 6,251 1.348 58 15.162 12,517 12,409 5.730 Investment management fees Advertising and ProMoOn Legal and Consultancy Govemance o)sts Accountancy fees IndepeThJent examination fee Prior year audit fee Other Costs 7.472 7.472 3,437 21.749 21.749 1.710 66.396 66.396 51,023 Expenditurn by Strat•glc Objeetlves To provide an eff&clive, effint and dNer5e volunteer service. incl grant from Moorfiekls (tharity 359.107 359,107 345.739 359,107 To support MEH in the delwof patianl Infomathjn. engagement and education To remaln a sustsinable and respected organi5ation To support staff and volunteer wellbeing {MEH and Friends) 359.107 345.739 185.966 185.966 179.043 76.951 76,951 74.087 19,238 19.238 1B.522 Total 641,262 641.262 617.391
The Friends of Moorfields Eye Hospital Notes to the flnanclal statements forthe year ended 31 March 2025 4 Grants awarded During the w The Frtds of Mcoffiglds 8warded they01kn1j grants.. Grant geol rant Art prowamme ofarl a1 MUSK aTnd the lryital. £1.lJ84 One4)ff £8.125 Grantts deveh)pmentofcom821 graftlator. Other cunmrfmants £42.141 Pro¥isKJn olfish tarth5. trats. nwn85 playthèrapists. Total grants arded £51 J50 5 Investments stock8 and sharos Movement In yr 2025 2024 Markel vdue of Inveslments exdUdI inveslm&* ca5 At 1 Aw'l 2024 2.726,339 2.2SO.470 1346.3231 187.3B6 1899,1211 1.219,245 Purtha5e5 olinvestrnents Unreallsed gain5 Raab8ed galThs Tclal inv•sMrts 49,453 14,$30 2.631,385 93.431 2.726,339 IOJZS 15J)O Market vaYu8 of investmÈThts irwAuding irNe51rneN cash Al 31 Mwch 2025 2.641.714 2 741639
The Frlends of Moorfields Eye Hospitsl Notes to the financlal statements for the year endod 31 Nar¢h 2025 6 Fixed Assets 2025 C&ynpyler equyrnent 2024 Cornpul¢r •quipnnt Cost: At 1 April 2Q24 Add115 Wr1tt8n off 5.007 3.294 5.007 At 31 Marth 2025 8.301 s.7 DqFHociaUon: At 1 April 2024 Charge forth8 ygar At 31 Marth 2025 5.fy)7 810 S,7 5,817 5,007 Net Book Valu•: At 31 Marth 2025 At 31 March 2tY23 7 Debtors: 8rn¢ntsfaIffi due knithinone sear 2025 VAT Sundry dabtorn 27.016 IfA71 24.386 27.845 3&487 52231 8 Creditors: amounts lThJ v4Tr1hin one 2025 2024 Grants and u)mmWmenls Accounts payatrfe Sundry crtrjito and accn•ls 339,992 28.858 38,822 31.027 370,867 9 Credltors: amounts lallirwj aftar rnorelhan one y8ar In the yearended 31 March 2tr20. the chariy Cornm8 £1rn1l1 ProjOriel- ajrxnt inliaiNe beMen Moorrl¢S EYÈ Hos&xtal NHS Foundation Trust IMoorfield$). VCL knsthJleofOphthalmobJy Iloo) and K•A¥)rfie Eye Ch8ritytsb bjild a n&¥Ctre for 8y8 rArB. r858ard) and During the year. a paymentof £330k VIBS rnade in respectof Ih8 pIBth3e. The oubtandirg amoynlol £54Ok falt5 due vlthin one ar.
The Friends of Moorfields Eye Hospital Notes to th8 financial statements forthe year ended 31 Mav¢h 2025 10 Movements In funds BalanG• at 141&24 8al•ne• at 3141&25 Current y•ar Unresmcled fvn(ts Restricted fvr 2.437.409 1.172¢A449 1641,262) 2.880.579 Total fund5 1.02(IA49 (641262) 63.9B3 1880.579 Prevloug year IW23 gains 31-03-24 Unreslricied lunds Restrict8d fund Total fvnds 1370.251 526.804 1617,3911 155.745 2,437.409 2.370.251 617.391 2.437.409 11 Stsff costs and numbers 2025 2024 Salarigs •nd wage5 Po10 Social socurfty costs 280,926 34,616 30.615 33.812 33.007 371.128 346.15T The avey nurnLw of ernFW durfThJ th8 per as 10 10 On8 rnamber ofstaff recthed ernolumEnts in eycess of E6QfyJO duriry tt year. 12 Pension costs Th¢ th8rityoFeWè5 a defined contribufjon pengian sclwne managed by NEST GfOUP F4c.The eharity contributes 10D/ts of gross salarylrK 311 qua&twrg empknyèas. The assets of the scheme ar8 held separthlrcm I)se ol Ihè dMrity. Pewon Costs ehawged Sn the Slateml ol FinanrAal Activit$ repretthe cmtritsJQn5 payable by Ihe charity In the r. 13 Trustees. remuneratlon and •xp•nses Ther8weTe nD ts)Jsle8 reftnerati or benefits paid in the>ar12024 £nill. payments in respect of ey4)erS MblSemerrt were madeto Nel AthL¥oIt E99.11J on 11 November 2024 and £185.30 OTh 28th Febrw21y25. 12024: OTh8 paymerrt In respEct ofeyyenses weirnbuw5Em8nt of £17.20 was mwleloTWn AThl on 26th Sept8rnber 20231. There [e Th) lated party trara%)nS irt aT (rne 21Y241.
Illl/// Friends of Moorfields @. '•'••'x Eye Hospital Registered Charity1161546 162 City Rood London ECIV 2PD Phone: 020 72511240 Email: moorfields.friends@nhs.net Web= www.friendsofmoorfields.org.uk (* www.facebook.com/friendsofffloorfields www.instagram.com/friendsofffloorfields/ www.linkedin.coffl/company/friendsofmoorfields/ in