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 r￿d$
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•iUn￿sUpPartGr0￿
Com•*1 Cond￿*
4*
H•1￿1 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 pr￿￿le aTh
¥o￿nteer
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 corn￿15e 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 Stand￿ds. including Finonciol Reporting Standard 102 The finontiol Reporhng Standard
applicable in the UK and ReptJblNc ol Irekrnd Iurrfled Kingdom Gen￿01￿ 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 OUL*t in aCc￿danCe wrlh k)tefftotional Stondord5 on Auditing IUKI I￿A5 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 r￿onc￿l slatements 15 oppropriate.
Bosed on the wotrt we have perf0M￿d. 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 I￿OnSi11eD1 ￿ 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 M￿statement. whelher dva to ftovd or errot. In preporing the
financial 5toternents. the t￿SleeS ore responsible for assessing the choftty's obility lo conknnve as a going
concern, disc105ing. as appriCat￿e. motter5 Teknled to going concem and using the going concern basis of
accounting unles5 the Iruslees eilher intend to cease opeTotions. or have no real￿tIC 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 e￿Or. 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 mI￿101eMent when il e￿51$.
Misslatements can ori5e from fraud or effor ond ore considered r￿teriO1 if. indiviclually or in the aggregote,
they could reasonably be expected to influence the ec￿omIC 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 Mote￿01 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 t￿t represented a risk ol mi￿tatement 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 sO￿lY 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 f￿ed 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 prepar￿on 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￿$$ other*Ase stsled in the rèlevant notg lo thesg accounts. The Financaal
Slalements have been prepared in accordancè %Mth appIl￿ble accounting standards. the Slalement of
Re￿mmended 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 UnTeStri￿ed 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 in￿rne 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)nd￿Onal on Ihe delt¥ery ol a pertormance bythe
d)arity. are reCO￿lSed when the chaiity un(Thditlonally enthued lo the grant
riiil Donated semces and faLY"ll￿.es 8rÈ include(l atthe value to the d￿IltyWherethl$ ¢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
ac￿Unts 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 c￿ts ol tradlng for fundr8isin9 purposes.
Illl Charitable expen￿rtUre o)mprises those costs inwrred by the charity in Ihe delivery of its
activthes and serwces for Ils benefi￿ri£S. It in¢ludès l)olh costs that w be alhxatèd dir8cIty
lo su¢h activities and those costs of an indirèct naiure ner￿ary10 them.
lid) Govemanc8 cos15 inrlude th¢Jse costs associated ￿ tr*etiny 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 allO￿ted 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.
ott￿5 are apporty0￿ on an awY0pr￿ts 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 stat￿1 at mathet valuation. Any
reali8ed gains are accounted for In the Slat8m&nt ol FinanL?al Activdie&
Igl Stoek
Stock is ¥a￿ed at the IDwer of &)sl and net reali5ablE value.
Ihl Going concern
In assessing the charitys a￿lIty10 continue as a golng concern. the truslaas hav8 consKlered its
liquidity paS￿on. 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 ProMo￿On
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, effi￿nt 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 F￿rtds of Mcoffiglds 8warded they01kn￿1￿j grants..
Grant
geol
rant
Art prowamme
ofarl a￿1 MUSK aT￿nd the lryital.
£1.lJ84
One4)ff
£8.125
Grantts deveh)pmentofcom821 graft￿lator.
Other cunmrfmants
£42.141
Pro¥isKJn olfish tarth5. trats. nwn85 playthèrapists.
Total grants a￿rded
£51 J50
5 Investments
stock8 and sharos
Movement In y￿r
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
•quipn*nt
Cost:
At 1 April 2Q24
Add11￿5
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 Cornm￿8￿ £1rn1l1￿ Proj**Oriel- ajrxnt inliaiNe beM*en
Moorr￿l¢S EYÈ Hos&xtal NHS Foundation Trust IMoorfield$). VCL knsthJleofOphthalmobJy Iloo) and K•A¥)rfie
Eye Ch8ritytsb bjild a n&¥C￿tre 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
Po￿10￿
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¢ th8rityoFeWè￿5 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 Slatem￿l ol FinanrAal Activit￿$ repre￿tthe cmtritsJ￿Qn5 payable by Ihe charity In the ￿r.
13 Trustees. remuneratlon and •xp•nses
Ther8weTe nD ts)Jsle8 reft￿nerati￿ or benefits paid in the>*ar12024 £nill.
payments in respect of ey4)er￿S ￿Mbl￿Semerrt 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 A￿Th￿l on 26th Sept8rnber 20231.
There ￿[e Th) ￿lated party trar￿a￿%)nS irt ￿aT (r￿ne 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