##
|||||Page|
|---|---|---|---|---|
|Legal and administrative||information|||
|Report ofthe Trustees||||2to19|
|Independent
Examiner's||Report||20|
|Statement
of Financial||Activities||21|
|Balance Sheet||||22|
|Cash Flow Statement||||23|
|Notes to the Financial|Statements|||24 to 35|
|Detailed Statement of|Financial||Activities|36to 37|
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|Coproduction
—our members
to actively shape service develop|Coproduction
—our members
to actively shape service develop|me|nt|nt|
|---|---|---|---|---|
|2021|||2022||
|~|92 new members
joined (pre-Covid
target of 100)||~|Collaborate
with 8 external
organisations|
|~|50service enablers
engaged
in operational||~|Further embed our model,
Heart ofa Charity,|
|~|development
meetings
Surpassed
engagement
for peer support
by 20%||~|Mindset ofa Business
Introduce
quarterly
evening
and weekend
sessions to
further engage working
age members|
|Community|—improving
our reach and engagement
in Croydon|through|||
||Engaged
with 3 new schools to raise awareness
Ever-increasing
number
of members
reached
through
Bricks &Clicks
Our new mobility vehicle has enhanced
outreach||~
~
~|Focus on local areas of deprivation
and reach 200
newly diagnosed
visually
impaired
(Vl) people
Develop 5 new partnerships
in our community
Activate the 'Lost 500' project, reaching
people
who've fallen between
the gape in the referral system|
|Accessibility|—transforming
our premises
and improving
technology|||usage|
||Lift and building
work to commence
in 2022
Built a tech studio to improve
virtual services||~|To obtain a Mobile tech hub, allowing
us to work
smarter
and increase reach|
||Produced
our own podcasts
and 'Did you know7'
videos||~
~|Become a specialised
contractor for IT certified training
Build tech trailblazer
credentials
and pilot accessible|
|||||tech|
|Holistic Health —putting
our members
at the centre oftheir care|||pathways:||
|~|Developed
Living with Sight Loss workshops,||~|Commercially
align with 7 new businesses
(CSR),|
||6sessions
undertaken
so far|||on eye health awareness|
|~|Moorfields
Low Vision Clinic now operates at||~|Improve
the referral
pathway
between
statutory,|
||Croydon
Vision; a one-hub
approach|||medical
and supporl services|
|Sustainable|Reach —improving
our brand, communications,
and||income stream:||
|~|Defined our culture to improve
branding
and||~|The use of PESTLE analysis
for in/outward|
|~|impact
Facilitated 7Visual Awareness
Workshops||~|assessment
Development
ofa communication
strategy
and an|
||(revenue
generation)
Recruited
a Trusts
& Foundation
Fundraiser||~|Impact Officer
Connecting
with 2 sight loss charities,
building|
|||||transatlantic
connections|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
|||Notes|funds
F|funds
8|funds
f|||
|INCOMING
AND ENDOWMENT|FROM:|||||||
|Donations
and Legacies|||66,081|||66,081|224,041|
|Charitable
activities|||114,062|308,111||422,173|246,021|
|Other trading
activities|||43,789|||43,789|72,315|
|Investments|||15|||15|30|
|Other Income|||||||15,287|
|Total Income|||223,947|308,111||532,058|557,695|
|EXPENDITURE ON:||||||||
|Raising funds|||2,843|4,694||7,537|35,403|
|Charitable
activities|||244,625|297,839|15,406|557,870|479,751|
|Total Expenditure|||247,468|302,533|15,406|565,407|515,154|
|Operating
(Deficit)/Surplus|||(23,521)|5,578|(15,406)|(33,349)|42,541|
|Net gains/(losses)
on investments||||||||
|Net (expenses)/Income|||(23,521)|5,578|(15,406)|(33,349)|42,541|
|Transfer between
funds|||116,127|,244|~424,444|||
|Net movement
in funds|||92,606|10,862|(136,817)|(33,349)|42,541|
|RECONCILIATION
OF FUNDS||19/20||||||
|TOTAL FUNDS BROUGHT FORWARD|||684,882|33,258|1,200,203|1,918,343|1,875,802|
|TOTAL FUNDS CARRIED FORWARD|||777,488|44,120|1,063,386|1,884,994|1,918,343|
##
||||2021|2020|
|---|---|---|---|---|
|||Notes|||
|FIXEDASSETS|||||
|Tangible assets||14|1,419,101|1,439,570|
|Investments||15|458|458|
||||1,419,559|1,440,028|
|CURRENT ASSETS|||||
|Stock|||1,722|1,686|
|Debtors: amounts|falling due within one year|16|41,337|50,781|
|Cash at bank|||478,855|465,136|
||||521,914|517,603|
|LIABILITIES|||||
|Creditors: Amounts|falling due within one year|17|(56,479)|(39,288)|
|NET CURRENT ASSETS|||465,435|478,315|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||1,884,994|1,918,343|
|NET ASSETS|||1,884,994|1,918,343|
|TOTAL FUNDS OF THE CHARITY|||||
|Unrestricted
funds|||352,802|205,602|
|Designated
funds|||424,686|479,280|
|Restricted
funds|||44,120|33,258|
|Endowment
funds|||1,063,386|1,200,203|
|TOTAL FUNDS|||1,884,994|1,918,343|
##
|||||2021|2020f|
|---|---|---|---|---|---|
|Cash flows from operating
activities:
Net cash provided
by operating
activities||||~32668|110,903|
|||||32,668|110,903|
|Cash flows from investing|activities|||||
|Sale of investments||||||
|Sale offixed assets||||1||
|Purchase
offixed assets||||~18,950)|18,470|
|Cash provided
by (used in)|investing||activities|(18,949)|(18,470)|
|Increase
in cash and cash equivalents||in the year||13,719|92,433|
|expended||||||
|Cash and cash equivalents|at the start ofthe year|||465,136|372,703|
|Cash and cash equivalents|at the end||ofthe year|478,855|~465 136|
|CASH FLOW NOTES||||||
|||||2021|2020|
|||||6|f|
|Reconciliation
of net movement
in funds to net||||||
|cash flow from operating
activities||||||
|Net (expenditure)
income for
per the statement
offinancial|the reporting
period (as
activities)|||(33,349)|42,541|
|Adjustments
for:
Add back depreciation
charge
(Increase)/decrease
in stock
Decrease
in debtors||||39,418
(36)
9,444|34,681
314
45,970|
|(Decrease)/increase
in creditors||||17,191|~12,603)|
|Net cash used in operating|activities|||32,668|110,903|
|||||2021|2020|
|||||8|8|
|Analysis
ofcash and cash|equivalents|||||
|Cash and cash equivalents||||478,855|465,136|
|Total cash and cash equivalents||||478,855|465,136|
##
##
##
##
##
##
##
##
##
|INCOME FROM DONATI|ONS
AND LEGACIES|||
|---|---|---|---|
|||2021|2020|
|||6||
|Donations||13,242|5,378|
|Grants and Service Level|fees|49,839|35,150|
|Legacies, Bequests and
Salary Contribution|In Memory|3,000|173,750
9,763|
|||66,081|224,041|
##
##
||||2021|2020|
|---|---|---|---|---|
|Grants
Grants|-restricted
—unrestricted|Activity
Seeing the Bigger Picture
Core Services|105,967
93,834|f
95,116
29,050|
|Grants
Grants
Grants
Grants|—restricted
—restricted
—restricted
- restricted|Children
and Young People's Programme
Working
Age
Outreach
and Progression
Seven-Seater Vehicle|48,990
23,643|48,643
11,250
16,649
13,000|
|Grants|—restricted|VCF Emergency
Covid-19|7,204||
|Crants|—restricted|Delivering
Differently|27,887||
|Grants|- restricted|Tech For Success|57,850||
|Grants
Service|- restricted
users Income - unrestricted|CAF Resilience
Core Services|36,570
13,349|29,549|
|Goods|for resale - unrestricted|Core Services|1,066|2,764|
|Sundry|Income
—unrestricted|Core Services|5,813||
||||422,173|246,021|
|INCOME FROM TRADING ACTIVITIES|||||
||||2021|2020|
||||f|f|
|Fundraising
Hall hire
Rent received|||12,951
4,660
26,178|13,798
36,943
21,575|
||||43„789|72316|
##
|6.|RAISING FUNDS|RAISING FUNDS|||
|---|---|---|---|---|
||||2021|2020|
||||f|f|
||AGM, Marketing
Direct fundraising|costs and Rebrand
costs|5,721
1,816|16,771
18,632|
||||7,537|35,403|
##
|CHARITABLE ACTIVITIES COSTS|||||
|---|---|---|---|---|
||Direct costs|Governance|2021|2020|
|||(See note 8)|||
||f|f|Totalsf|Totalsf|
|Seeing the Bigger Picture
Core Senrices|111,705
246,802|2,100
13,229|113,805
260,031|99,742
312,902|
|Children
and Young People Project|50,139||50,139|41,943|
|Working
Age
Outreach
and Progression|23,778||23,778|10,779
14,385|
|VCF Emergency
Covid-19
Delivering
Differently|6,460
27,874|744
13|7,204
27,887||
|Tech For Success|38,412||38,412||
|CAF Resilience|36,614||36,614||
||541,784|16086|557870,
479,751||
##
|||2021|2020|
|---|---|---|---|
|||F||
|Accountancy
fees
Health
& Safety
HR fees||6,100
5,541
3,065|8,225
3,542
3,071|
|Independent
Payroll fees|Examiner fee|990
390|990
843|
|||16,086|16,671|
##
##
##
|STAFF COSTS|||
|---|---|---|
||2021|2020|
|Wages and salaries
Social security costs|294,663
20,216|250,574
16,331|
|Pension costs|14,323|7,180|
||329,202|274,085|
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||Numbers|Numbers|
|Senior|Management|Team||4|4|
|Other|Direct Charitable||Staff|10|10|
|||||14|14|
##
##
##
##
##
##
|TANGIBLE FIXED ASSETS|||||
|---|---|---|---|---|
||Freehold|Freehold|Other Assets||
||Property|Property||Totals|
||Unrestricted
f|Endowment
f|||
|COSTNALUATION|||||
|At 1 April 2020|344,581|1,155,419|158,779|1,658,779|
|Additions|||18,950|18,950|
|Disposal|||(15,682)|(15,682)|
|At 31 March 2021|344,581|1,155,419|162,047|~1662047|
|DEPRECIATION|||||
|At 1 April 2020|22,852|76,627|119,730|219,209|
|Charge for year
Eliminated
on disposal|4,594|15,406|19,418
~15,681)|39,418
~15,681)|
|At 31 March 2021|27,446|92,033|123,467|242,946|
|NET BOOK VALUE|||||
|At 31 March 2021|317135|1,063366|38,580|~1419 101|
|Ai 31 March 2020|321,729|1,078,792|39,049|1,439,570|
##
##
##
##
|FIXEDASSETINVESTMENTS|||
|---|---|---|
||f.|f|
||Listed|Totals|
||Investments||
|MARKET VALUE|||
|At 1 April 2020|458|458|
|Additions|||
|Disposals|||
|Revaluation|||
|At 31 March 2021|458|458|
##
|16.|DEBTO|RS:|AM|OUNTS|F|ALL|ING|D|UE WITHIN O|NE Y|EAR||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||2021|2020|
||||||||||||||f|f|
||Other debtors||||||||||||11,537|15,381|
||Accrued|income|||||||||||29,800|35,400|
||||||||||||||41,337|50,781|
|17.|CREDITORS: AMOUNTS|||||FALLING|||DUE WITHIN|ONE|YEAR||||
||||||||||||||2021|2020|
||||||||||||||f|f|
||Trade creditors||||||||||||5,819|9,875|
||Deferred|income|||||||||||44,014|25,412|
||Other creditors|||and accrued expenses|||||||||6,646|4,000|
||||||||||||||~56 479|39,288|
|18.|ANALYSIS OF|||NET ASSETS BETWEEN FUNDS|||||||||||
||Current|year|information||for the net assets between|||||funds:|||||
||||||||||||||2021|2020|
|||||||||Unrestricted|||Restricted|Endowment|Total|Total|
||||||||||Funds||Funds
f.|Funds
f|Funds
f|Fundsf|
||Fixed assets||||||||352,821||2,894|1,063,386|1,419,101|1,439,570|
||Investments||||||||458||||458|458|
||Current
Current|assets
liabilities||||||434,987
~40,778|||86,927
~45,701)||521,914
~56479|517,603
~39288|
||||||||||777 488||44,120|1,063 386|1,884,994|1,918,343|
||Comparative||year information||||for|the|net assets between||funds:||||
||||||||||||||2020|2019|
|||||||||Unrestricted|||Restricted|Endowment|Total|Total|
||||||||||Funds
f||Funds
f|Funds
f|Funds
f|Funds
f|
||Fixed assets||||||||354,991||5,787|1,078,792|1,439,570|1,455,781|
||Investments||||||||458||||458|458|
||Current
Current|assets
liabilities||||||340,429
~40,866|||55,763
~28,292)|121,411|517,603
~39,288|471,454
~51,891|
||||||||||684 882||33,288|1 200 203|1,918,343|1,875,802|
##
##
|19.|MOVEMENT
IN FUNDS —Current|MOVEMENT
IN FUNDS —Current|MOVEMENT
IN FUNDS —Current|Year|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Net movement|Transfers||||
||||||At 1/4/20
8|in funds
6|between|funds
f||At 31/3/21
8|
||Unrestricted
funds||||||||||
||General
fund —Free reserves||||205,602|(18,927)||166,127||352,802|
||Designated
funds||||||||||
||Designated
fund|—Freehold|building||321,729|(4,594)||||317,135|
||Designated
fund|—Minibus|||50,000|||(50,000)|||
||Designated
fund|—Lift project|||107,551|||||107,551|
||||||684,882|(23,521)||116,127||777,488|
||Restricted
funds||||||||||
||Children
and Young People's||Project||24,413|(1,149)||||23,548|
||Croydon
Relief in|Need - Outreach||Project|1,971|(135)||||1,836|
||BIG Lottery
—Seeing the Bigger Picture||||(6,126)|(8,174)||17,956||3,656|
||Seven-Seater Vehicle||||13,000|||(13,000)|||
||Croydon
Council|- VCF Emergency||Covid-19|||||||
||London Funders|—Delivering|Differently||||||||
||Big Lottery - Tech For Success
CAF Resilience|||||15,080
~44)|||44|15,080|
||||||33,258|5,578||5,284||44,120|
||Endowment
funds||||||||||
||Freehold
Building||||1,078,792|(15,406)||||1,063,386|
||Investment
fund||||121,411||~121||411)||
||||||1,200,203|(15,406)||||1,063,386|
||TOTAL FUNDS||||~1918,343|~33,349)||||~1884,994|
||Net movement
in|funds for the current year are as follows'.|||||||||
||||||Income|Expenses||||Movement
in|
|||||||||||funds|
|||||||||||8|
||Unrestricted
funds||||||||||
||General
fund||||223,947|(242,874)||||(18,927)|
||Designated
fund|—Freehold|building|||(4,594)||||(4,594)|
||Designated
fund|—Lift project|||||||||
||||||223,947|(247,468)||||(23,521)|
||Restricted funds||||||||||
||Children
and Young People's||Project||48,990|(50,139)||||(1,149)|
||Croydon
Relief in Need
—Outreach|||Project|23,643|(23,778)||||(135)|
||BIG Lottery
—Seeing the Bigger Picture||||105,967|(114,141)||||(8,174)|
||Seven-Seater
Vehicle||||||||||
||Croydon
Council|—VCF Emergency||Covid-19|7,204|(7,204)|||||
||London Funders|—Delivering|Differently||27,887|(27,887)|||||
||Big Lottery
—Tech For Success
CAF Resilience||||57,850
36,570|(42,770)
~36614)||||15,080
~44)|
||||||308,111|(302,533)||||5,578|
||Endowment
funds||||||||||
||Freehold
Building|||||(15,406)||||(15,406)|
||Investment
fund||||||||||
|||||||~15,406)||||~15,406)|
||TOTAL FUNDS||||532,058|(565,440077)||||~33349)|
##
||||||Net movement|Transfers|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||At. 1/4/19|in funds|between|funds|At 31/3/20|
|||||6|8||6|6|
|Unrestricted
funds|||||||||
|General
fund —Free reserves||||232,973|63,078||(90,449)|205,602|
|Designated
funds|||||||||
|Designated
fund —Freehold||building||326,323|(4,594)|||321,729|
|Designated
fund —Minibus||||50,000||||50,000|
|Designated
fund —Lift project||||30,000|~12,449)||90,000|107,551|
|||||639,296|46,035||(449)|684,882|
|Restricted
funds|||||||||
|Children
and Young People's||Project||18,377|6,036|||24,413|
|Croydon
Relief in Need|—Outreach||Project||1,971|||1,971|
|BIG Lottery- Seeing the Bigger Picture||||3,440|(9,566)|||(6,126)|
|Seven-Seater
Vehicle
Working
Age||||~920)|13,000
471||449|13,000|
|||||20,897|11,912||449|33,258|
|Endowment
funds|||||||||
|Freehold
Building||||1,094,198|(15,406)|||1,078,792|
|Investment
fund||||121,411||||~121411|
|||||1,215,609|(15,406)|||1,200,203|
|TOTAL FUNDS||||1,875,802|42,541|||1,918,343|
|Net movement
in funds|for the current year are|||as follows:|||||
|||||Income|Expenses|||Movement
in|
|||||||||funds|
|||||||||8|
|Unrestricted
funds|||||||||
|General
fund||||373,037|(309,959)|||63,078|
|Designated
fund —Freehold
building
Designated
fund —Lift project|||||(4,594)
~12,449)|||(4,594)
~12,449)|
|||||373,037|(327,002)|||46,035|
|Restricted funds|||||||||
|Children
and Young People's||Project||48,643|(42,607)|||6,036|
|Croydon
Relief in Need|—Outreach||Project|16,649|(14,678)|||1,971|
|BIG Lottery - Seeing the Bigger Picture||||95,116|(104,682)|||(9,566)|
|Seven-Seater
Vehicle||||13,000||||13,000|
|Working
Age||||11,250|~10,779)|||471|
|||||184,658|(172,746)|||11,912|
|Endowment
funds|||||||||
|Freehold
Building|||||(15,406)|||(15,406)|
|Investment
fund|||||||||
||||||~15,406)|||~15,406)|
|TOTAL FUNDS||||557,695|~515 154)|||42,541|
##
##
##
##
##
##
|meline
for completion
is|March 2022.|||||||||
|---|---|---|---|---|---|---|---|---|---|
|Au
ust 2021|Structural|En ineer visit, electrical||works and obtainin|||a re-costin|due to u|lift on materials.|
|Se tember 2021|Tenderin|for buildin
work*3|uotes||&a|ointment||||
|October to December|Orderin|of lift takes 3mths||||||||
|17w December 2021|Closure of CV Christmas
break|||||||||
|Janua
2022|Commencin
refurb work and||re|for|lift|||||
|Februa
2022|Installation|of lift and finalisin|buildin||work|||||
|7w March 2022|0 en for|services||||||||
##
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##
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|Voluntary
income
Donations|||||13,242|5,378|
|Grants and service level||contracts|||49,839|35,150|
|Legacies, Bequests, and
Salary contribution||in Memory|||3,000|173,750
9,763|
||||||66,081|224,041|
|Incoming
resources
Service users' income|from||charitable|activities|13,349|29,549|
|Grants|||||401,945|213,708|
|Goods for resale|||||1,066|2,764|
|Sundry
income|||||5,813||
||||||422,173|246,021|
|Activities for generating
Fundraising
events
Hall hire|||funds||12,951
4,660|13,798
36,943|
|Rent received|||||26,178|21,575|
||||||43,789|72,316|
|Investment
Income|||||||
|Dividends|||||15|30|
||||||15|30|
|Other Income|||||||
|Sundry income||||||15,287|
|Total incoming
resources|||||532,058|557,695|
|Fundraising
costs
AGM, Marketing
costs and
Direct fundraising
costs|||rebrand||5,721
1,816|16,771
18,632|
||||||7,537|35,403|
|Charitable
activities|||||||
|Staff Salaries
Team Training
(staff and
Staff Recruitment||volunteers)|||329,202
10,009
89|274,085
8,349
619|
|Contract Staff|||||19,619|7,230|
|Staff Travelling
and Meetings
Consultancy
Depreciation
Direct Projects expenses
Flat expenses
Hall expenses
IT and website|||||744
2,469
39,418
39,227
1,395
461
16,143|3,236
34,681
52,216
6,002
4,487
8,055|
|Office Administration|||||25,378|22,291|
|Premises expenses
Feasibility
Study
—Lift
Volunteer expenses|project||||35,020
19,353
3,257|27,094
12,449
2,286|
||||||541,784|463,080|
##
|||2021|2020|
|---|---|---|---|
|Governance|costs|||
|Accountancy
fees
Health 8 Safety
HR fees
Independent
Examiner fee
Payroll fees||6,100
5,541
3,065
990
390|8,225
3,542
3,071
990
843|
|||16,086|16,671|
|Total resources expended||565,407|515,154|
|Operating|(Deficit)/Surplus|~33,349)|42,541|