CHARif( REGISTRATION NUMBER: 1167443 Abalon Trust Unaudited Financial Statements 30 April 2025 Jatk50n & Jack50n A trading namc of Jack50D Nicholas Assie Limited Chartered Certified Accountants & Statutory Auditor5 Suite 7, Meridian House 62 Station Road, Chingford Loiidon E4 7BA Abalon Trust Financial Statements Year ended 30 April 2025 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities 21 22 Statement of financial position Statemenl of cash flows 23 24 Notes to the financial statements 25 Abalon Trust Trustees, Annual Report Year ended 30 April 2025 The trustees present their report and the unaudited financial statements of the charity for Ihe year ended 30 April 2025. Reference and adminlstratSve detalls Reglstered charlty name Abalon Trusl Charlty registratlon number 1167443 Prln¢lpal offlce 414A Bloomsbury Square London WC1A 2RP The trustees Adam Mpani Charles Pierce Yalunde Obad8yI Charlene Wilson Graham Knight Paidamoyo Nyika (Resigned 6 September 2024) Indep•ndent éxamin8r Mr John A5sie Suite 7, Meridian House 62 Station Road Chingford London E4 7BA Bankers NatW8st Bank Liverpool Street Slation Branch PO Box 282 216 Blshopsgate London EC2M 2QB Jack.Yon Nicholas A.Fsie Limited Chai'tered Certfi led Accoiinlanls Abalon Trust Trustees. Annual Report Year ended 30 Aprll 2025 Slructure Governance and Mana oment Abalon is a Charitable Inwrporaled Organisalion (CIO). It was registered a5 a charity with the Charity Commission in Jun8 2016 and is govemed by its charity governing document ('Ihe constitutlon,). Th8 Trustees confirm they have had regard to the Charity's Commission's guidance on public benefit when plannlng activities, ensLfring all events and services directly benefit the communlty. particularly und8served groups. Ob ectlves and A¢tlvltle8 The ABALON Trust VISION-4-VISION strategy has four pillars: education, research, eye-care and sustainability. Each of the pillars is designed to deliver a different solution to the challenges of accessing eye care. L*rf•F2.. 59t￿lEntrIP1•nWThh The change model above demonstrates how the four pillars (in white) deliver outcomes against the vision (outcomes in grey)- Jackson Nichola.f A.rsie Liniiied Chai'fered Ceylified Accoiiiilants Abalon Trust Trustees. Annual Report Year ended 30 April 2025 VISION4-VISION: The four plllars of change. Eyary¢arn - Reducin9 haallh inequalities by provkllng equltable access to world class oyware services. ABALON Trust wlll provlde access to hlghquelity eye screenSng and trealm&nt marginalised communities inlemalionally. The tru31 has already delivered eye￿ampS In Zlmbabwe. Uganda arKI Kenya. provldlng a¢¢ess to eye caTe for more than 150 peoplé per day In communlli05 With Illtlg access to healthcare. We will oxlend its reach globally. It wlll ¢onsolidatè the work It has done In Subsahaian Affl¢a, extend Its work to the CqrSbb8an and across the Commonweallh. and then eslablish Itself es a provider lo Iow• and mlddle-Incom6 countrles without unlversal acc8s8 to eye care. Abalon continues to Inltlale o)mmunlty initlalives such as health awareness and screening both In tha UK abroad. Ré8èar¢h 8UPPOrting clinical lrials and validation lor new eye h8alth technology. 11 Is our rAJmmilmenl to innovation that sets.. ABALON Tru81 apart from other eye care charitias. Llnks with academic inslitulions Ilke the.. Univernty of th6 West Ind185 allow us lo apply for academlc grant fundlng to develop new approach6s lo eya* O ai ¢ 7)> o>ZS 0 SCCEE >D8r> 8E w rrt- 0> EtJv)ec2 8_ o>c&o 2 u> >ry) 2EwthoEEEEWx? EE8£u)£ 18 >£J 22£2 Y C£ ¢ii¢JJ J E*J)'> ￿£￿ q)Ci >-D c IV Q rp <3 Zl ££tDa)SOin*"- -CD>cL8J J c C._ > c rN>EÈo£._ CF- V>QwUffJDtsEE L) sx¢ ¢ sxo o) o) c r) IV LTJ ryJ £ o q> TJ C O oSyJ c oj c o) L) (V ￿ (y u>0 o ty) O)0 Q) ￿￿0 LTJ lJ>cDWJ iy o- £tyJoO J S iu w oi A(uD J (U CLC w ¢U tDIcJG ffJI c >J OL) OJU TJ ￿7j O t17)4 3? c>CLf<£ Y C aj u >o00)U)C tCL oj C(J£E c'_ w£ 8£ O ¢OE ¢DW.__ Tl ffj E UJE oj ¥&'- É<£.:£U c c q> I£££ >cy£ 07J Q)ii o) rfj £QyQ)Ec u u Ioc 3 Dd) 115 C IIJ IU ￿ OF- O LYJU u ID (ry IV Joinc urs (V y) a) (O Loi<8 >aTr LLL rrjw LuUF¢D._ c£ cU)QIE ¢11 ro È o èE7 O (U£ W v) CL J £>ffjE ujfl o) c c c cyJ7i O O z>:c£tP ryJ£ CPOJ CL o J> (r J rJJ o]ElcS O TJ ￿1]) (lw￿00 J'- CF&8 E C q> ¢0 W Ilj oQ>¢Dffj* (nv T> v) c CTJC oEuCou Q Q) (U CL u O o)q> O£woJcO£EJ3 J£ ty) (uw o) )eX U)OOD D7Jè clx 0> LN>£ £caittyoc o JQ) ¢D<£o 2cS0 q>C Cro£w(o EL)'>ffj Ec£ > c¥ a5>£Xo0 loUJ=aSin ?￿cLo0 7J£ ri CL) O E 08w'>£O CDO) ¢J)c£ Q> >££ l£E xEuJ£Co 3 wE tho Ck3 rJ a) 0> o c y> }<0￿£0 £CcC CD¢O c ryj m > UJQ ¢U'_ UJ ¢V Q> ECE￿C0.-. uJqJucLL£ 8￿￿)£￿￿E£E￿1)E{rt￿ TJ cSrT)£t> (vai ffj J E E ¢Jo£y> èLu£ o LCL 8 8 Uww¢£ fLJJy 5 >.ELLc ¢)￿ C EC fott C 107J O ￿c aj c 13JO J o CDJ fry- O(0 E.tu>>'_ v)EQ) C£- (u O c ¢fJ >40 i>o¢Dn 'CJ ?0 orl~ c o) CJJ q) J2 c) ffj 4) c it5 0£ O ¢/J E E iJZI£ E C fy£othou In conclusion Your Hair and Your Health campaign pilot project have positively impacled in Global Majority communities in Medway Kenl. Heallh screening interventions in Barbershops and Hairdressers has been reported in literature. The cost effectiveness and wider benefits. indlvidual communities and health gale keeper5 are described in our series. The report highlighls an innovalive and sustainable health partneiship inte￿entionS in a Irusted environmant such as hairdressers and barbershops. This ensures communities from the Global Majority receive culturally be spoke a¢¢essible h8alth services for both prevention and management of health. A formal research study is recommended for future sustainability and wider implications across communities. This includas empowering halrdressers and barbers to promole uptake of health checks, blood pressure, blood sugar and other baseline lesls. Adequate training, collaborations with local Gps and other prlmary care givers will bring suslainabilily lo such inilialive. However, we acknowledge these environments would also need lo be aligned wilh health care regulations We are grateful to Time4u Group CEO and Founder for their huge financial generoslty through their Cooperate Social Responsibility. This was an enabler for the pilol project. highlighting the potential benefits of this initialive. Jackson Nicl7olas Assie Liiniled Chai'lei'ed Cei'lifiedAccoiiiilanls 14 Abalon Trust Trustees. Annual Report Year ended 30 Aprll 2025 act- At a Glance 550 participants Media engagement 7000 people Educated over 5000 people Leaflets and literature over 1000 Partnered wlth 4 barbershops and 2 hair product shops Jackson Nicholas Assie Liiniled Chai'lei'ed Cep"lified Accouiilanls 15 Abalon Trust Trustees. Annual Report Year ended 30 April 2025 Soclal Media Desl ns TRAIN OPTIONS NEllL Glll1ffjEfft5 (£llWllttrfd WHERE TO FIND US L¥,4P.k,+¢r,. I. Wlklj, I IAPIII,:,N,S ll,'Wl,: IqNI)SOiiifi'HING . We wlll lak¢ A N$tory k.: Irvm you (In¢ludlJw yow 4wp, ¥yh•re you Irom, liow you •xerd*è etcl-yrt wlll not t4k¢ or Identi16atrf• d•1 hilln•ror hweiiiw nvrfft￿ lJkninenitht*•i Ji ywto ¥ee4OPADd on Ilfe6tyhf•¢tg59th* tDitJd h￿￿1￿P WBPlb WI wlll l￿fiche¢￿ your BMI, bkbod pM$sui• Ind blgDd¥ug*4 i••P*¢tlvply. •dI￿lI￿j "" *¥BVSi•W Iurdlknetre5iW¥iill*l•y reDwOyowvthKTb*¥AII ok•YyourGPAWl*r :. 'Thlswlll lak• rouolilylo mliiut8B. advlce. Jackson Nicholas Assie Liinited Chai'lej'ed Cei'lifiedAccoiinlaiils 16 Abalon Trust Trustees. Annual Report Year ended 30 April 2025 TO PEALTrICARllI You wlll be gl¥th th• ¢hance w asknur t•am Any qU8Stlon• you mpy have aboyt yo heallh, W*wJll 4lyo you * QR corte to hand g1¥• feodlmc ..Y￿n￿y•I￿b? somts fr*• érlnks •nd Wp IM ¥•ry*x¢tt•d ID 8e¢ you soNe you ¢tsm• xo corne Ini get eh•eked, and let's protoo our h*Alth, htslth ¢htck at atim Publicit ABALx4N YOUII HAIR & YOUP HEALT MATTER8 Jackson Nicholas Assie Limiled Cliai'lei'ed Cei-lified Accoiiiitanls 17 Abalon Trust Trustees. Annual Report Year ended 30 April 2025 rfi FllME4V LTO lo￿￿1111& IQUftiE4LT ¥irTERS Jucksoji Nicholas Assie Liinited Chai-lei-ed Cei'lifiedAccoiiiiiaiil Abalon Trust Trustees. Annual Report Year ended 30 April 2025 ABALVN Jacksoii Nicholas Assie Limiiled Chai'lei'ed Cei'lifiedAccoiiiilanls 19 Abalon Trust Trustees. Annual Report Year ended 30 April 2025 Flnanclal Revlèw At the end of the period, Abalon Trust maintained a modasl financlal position with limited reseNes. At the end of the reporting period the charity made a deficit of £4,868 (2024.. £2,499 surplus) and reserves of£4,72312024.' £9,591 surplus) of which £3,717 was unreslricled and £1,006 reslricled funds. The charity's primary income SoUr￿S were donations from regular supporters and a grant from Time 4 U Ltd. While these funds have supported core aclivities and community programmes. The charlly's policy is to hold r8serves to ensure it can meet essential running costs in the event of a temporary shortfall in Income. This reserve acts as a buffer to protect key programmes and commitments, particularly for events and community engagement activities. Events after the ond of the reporting period Particulars of events after Ihe reporting date are detailed in nole 18 to th8 financial statements. Trust 'Res onsibilitSes (a) the Trustees are responsible for preparing Ihg Trustees, Report and the financial statements in accordance with applicable law and regulations and in accordance with Unilad Kingdom Generally Accepled Accountlng Practice. Charities Acl requires the Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the situation of the chaiily and of the surplus or deficit prolit or loss ol the charity for Ihal period. (bl (c) Sn preparing the financial statemenls th8 directors are required to: {1) select suilable accounting policies and then apply them consislentty. {ii) make judgements and accounting estimates that ar& reasonable and prudent. (iii) Stale wh81her applicable accounting slandards have been followed, subject to any malarial departures disclosed and explained in Ihe financial statements., and (iv> prepare the financial slatemenls on the going concern basis unless it is inappropriate to presumè that the Charity will wnlinue in business. (d) the Trustees are r8spon5ible for keeping adequale accounting records that are sufficient to show and explaln the company's transactions and disclose with reasonable accuracy al any time the financial position of Ihe charity and that enable them lo ensure thal th8 financial slatemenls comply with the Charities Act 2011. the Trustees are responsible for safeguarding the assets of the charlty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularllies- and where appropriate. Ihe Trustees are responsible for the maintenance and integrily of the corporate and financial information included on the charity's webs (el (o The trustees. annual report was approved on 261h F8bruary 2026 and stgn8d on behalf of the board of Irustees by-. Adam Mapani Truslee Jackson Nicholas Assie Limiled Chai'lei"ed Cei'lifiedAccoiinlanls 20 Abalon Trust Independent Examinerfs Report to the Trustees of Abalon Trust Year ended 30 April 2025 I reporl to the Irustees on my axamination of the financial slatam8nts of Abalon Trust ('Ihe charity,) for the year ended 30 April 2025. Responslbllltles and basls of report As the trustees of the charity you are responsible lor the preparation of the financial statements in accordance wilh Ihe requirements of the Charities Act 2011 {'the Act,). I raport in respect of my examination of the charitys financial slatem8nls carried out under section 145 of the 2011 Acl and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent oxamlnor's ststement I have Completed my examination. I confirm Ihat no malefial matters have come to my attention In connection wilh the examination giving me cause lo believe that in any material respecl: accounting records were not kept in respect of the charity as required by seclion 130 of the Act; or the financial slatements do not accord with those records., or Ihe Ilnanclal statements do not comply with the applicable requirements concernlng the form and content of accounts sel oul in Ihe Charities {Accounts and Reports) Regulations 2008 olher than any raquiremenl that the accounts give a 'lrue and fairf view whlch is not a matter consldered as part of an independent examination. I have no cOn￿M5 and have come across no other matters in connection with the examination to which attention should be drawm in Ihbs report in order to enable a proper underslanding of Ihe accounts to be reached. John Assie FCCA Independent Examiner Jackson Nicholas Assie Limited Chartered Cerlified Accountants Suite 7, Meridian House 62 Station Road Chlngford London E4 7BA 26 February 2026 Jackson Nicholas Assie Limiled Chai'lei"ed Certified Accoiinlanls 21 Abalon Trust Statement of Financial Activities Year ended 30 April 2025 2025 Restricted funds Total funds 2024 Unrestricted funds Total fvnds Not• Income and endowment$ Donations and legacies Charitable activities 2.113 37.375 39,488 3,220 2.000 Total Income 2,113 37,375 39,488 5,220 Expendlture Expendlture on ch8ritable actlvilies Tolal oxpendlture (4.453) 4.453 (39,903) 39.903 (44.356) 44.356 {2,721) 2,721 Net (•xpendlture>llncomo (2,340) (2.528) (4,868) 2.499 Transfers between funds 2.000 (2.000) Net mov6ment In funds (340) (4,528) {4,868) 2,499 Roconclllatlon of funds Total funds brought forward Total funds carriod forward 4,057 5,534 9.591 7,092 9,591 3,717 1,006 4,723 The statement Of financial aclivities includes all gains and k)sses recognis8d in the year. All incom8 and expenditure derive from continuing activili8S. The notes on pages 25 to 32 fonn p&rt of these financial statement5. Jackson Nicholas Assie Liiniled Chai'leiyd Cei-lified Accoiinlaiils 22 Abalon Trust Statement of Financlal Position 30 April 2025 2025 2024 Nole Current assets Deblors Cash at bank and in harKI 13 164 6,899 164 9,427 7,063 9,591 Credltorn: amounts falllng du• wllhln one year Net current assets 14 (2,340) 4.723 9,591 Total assels less current Ilabllltles 4,723 9,591 Nel assets 4,723 9.591 Funds of tho charlty Restrlcted funds Unrestricted funds 1,006 3,717 5,534 4,057 9,591 Total charity funds 15 4,723 These financial statements were approved by Ihe board of trustees and authorised for issue on 26 February 2026, and are signed on behalf of the board by". Adam Mpani Trustee The notes on pages 25 to 32 forni part of these financial stgtements. Jackson Nicholas Assie Liiniled Chai"lei'ed CeiYifiedAccouiilanls 23 Abalon Trust Statement of Cash Flows Year ended 30 April 2025 2025 2024 Cash flows from operallng acllvitles N8t (exp8nditure)lincome (4,868) 2,499 Adjustments for.. Accwed expenses 2,340 Changes in.. Trade and other debtors (164) 2,335 Cash generated from operations Net cash (used inyfrom operating aclivilies {2,528) (2,528) 2.335 Net (d8crease)Ilncreaso in ¢ash and cash aquivalonts Cash and cash equlvalenls at beglnnlng of year Cash and cash equivalents at end of year (2.5281 9,427 6,899 2,335 2,335 Jackson Nicholas Assie Liiniled Chai'lei'ed Cei'lifiedAccoiiiilanls 24 Abalon Trust Notes to the Financial Statements Year ended 30 Aprll 2025 General Informatlon The charity is a public benefit entity and a regislered in England and Wale5 as a Charitable Incorporated Organisation. The address of tha principal office is 414A Bloomsbury Square. London, WC1A 2RP. statament of compliance The financial stalemenls have been prepared in accordance with the Stalement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with thè Financial Reporting Standards applicable in the UK and Republi¢ of Ireland(FRS102) Issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011. and UK Generally Accepted Practice as il applies from January 2019. Accountlng policlos Ba81s of preparatlon The financlal slatements have beén prèpared on the historical cost basis. The financial 5tatement$ are prepared in sterling. whlch Is Ihe functional currency of the entlty. Golng concern Thare are no material uncertainties about the charitrfs ability to continue. Judgements and key sourc•s of è$tlmatlon uncertalnty The preparatlon of the financial statements requires m8nag8m8nt to make judgements. estimates and assumptlons that affect Ihe amounts reported. These estimates and judgernenls are continually reviewed and are based on experience and other factors, including expeclalions of future events Ihal are believed to be reasonable under the circumstances. Slgnlflcant judgements There are no judgements (apart from those involving 8Stimations) that management has made In the process of applying Ihe enlily'5 accounting policies and that have the most significanl effect on the amounts recognised in th8 financial statements. Fund a¢¢ountlng Unrestrl¢ted fvnds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds a￿ unr8slri¢ted funds earmarked by the truslees for particular future project or commitment. Restricted funds are subjected lo reStr￿tIonS on their exp8nditure declared by the donor or through the terms of an appeal. and fall into one of Iwo sub-class8s'. r8stricled in¢ome funds or endowment funds. Jackson Nicholas Assie Liiiiiled chai-lei.ed CeiYifiedAccoiiiilanls 25 Abalon Trust Notes to the Financial Statements (cont1ftU￿I) Year ended 30 Aprll 2025 Accountlng pollcles (eon¢inuedJ Incomlng resources All incomlng resources are included in the statement of financial activities when antitlement has passed to the charity,. it is probable that the economic benefits associated with the transaction will flow to the charity and Ihe amount can be reliably MeaSu￿d. The following specifi¢ policies are applied lo particular categories of income: income from donations or granls is recognised when there is evidènce of 8nlitlement to Ihe gift, receipt is probable and its amount can be measured reliably. 18ga¢y income Is recognised when receipl Is probable and entitlement is eslabllshed. Income from donated goods Is measured al the falr value of the goods unless this Is Impracllcal to measure reliably. In which case the value is derived from the cost to tha donor or th8 estimated r8sale value. Donated facililies and s8rvices are recognised in th8 accounts when received if the value Can be reliably measured. No amounls are included for the contribullon of general volunteers. income from contracts for th8 supply of services is recognised with the delivery of the contracted service. Thi5 is classified as unrestricted funds unloss there is a contractual requirement for it to b8 spent on a partrcular purpose and returned if unspent, in which case it may be regarded as restricted. Resour¢es exp•nd8d Expendllure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of Ihe slatemanl of financial aclivi118s lo which it relates: exp8ndilure on raising funds includes the costs of all fundraislng activities. 8V8nls, non-charilable trading aclivilies, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further Ils charitable aims for the benefit of its beneficiaries, including those support costs and costs relatlng to the governance of th8 charity apportioned lo Gharltable activities. other expenditure includes all expenditure Ihal is neither related to raising funds for the charity nor part of its expenditure on charitable aclivlties. All costs are allocated to expenditure categories refl8cllng the use of the resource. Direct costs attributable to a single activity are allocated direclly to that activity. Shared costs are apportioned belwaen the activities they conlribute to on a reasonable. juslifiable and consistent basis. Tanglble assels Tangible assets are Initialty recorded at cost, and subsequently slated at cosl less any accumulated depreciation and impairment losses. Any tangible assals Garried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequanl accumulated impairment losses. Jockson Nicliolas As3ie Liiiiiled Chai'lered Cerlified Accoiiiilanl 26 Abalon Trust Notes to the Flnanclal Statements (contlnu•dJ Year ended 30 Aprll 2025 Accountlng pollcles (continuodj Tangible assets {eontlnu•d) An increase in the carrying amount of an asset as a result of a revaluation, is recognlsed In other recognised gains and losses, unless it reverses a charge for impairment thal has previously been recognised as expenditur6 within Ihe stslement of financial activities. A decrease in the carrying amount of an asset as a résult of revaluation, is recognised In other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recogni5ed gains and losses on the stalemenl of financial aclivitlgs. Depreclatlon Depreciation is calculated so as lo write off the cost or valuation of an asset, less ils resldual value, over the useful economlc life of Ihal asset as follows: Equipment 33% reducing balance Impalrment of fixed ass•t$ A review lor Indicators of impairment is carried out at each reporling date. with Ihe recoverable amount belng estimated where such indicators exist. Whare the carrying value exceeds Ihe recoverable amount. the asset is impaired accordingly. Prior impairm8nts are also reviewed for possible r8versal at each reporting date. For the purposes of Impalmient testing, when It Is nol possible to estimate the recoverable amount of an individual asset. an estimate is made of the recoverable amount of Ihe CaSh￿enerating unil to which the asset belongs. The cash-g8nerating unit is the smallest idenllflable group of assets that Includeg the assel and generates cash Inflows that largely independent of the cash inflows from other assets or groups of assets. Flnanclal Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to tho contractual provisions of the instrumenl. Basic financial instruments are Inltiamy recognised at the amount receivable or payable Sncluding any related transaction costs. Current assets and current li8bililies are Subsequent￿ measured al the cash or olher consideration expected lo be paid or received and not discounted. Jackson Nicholas Assie Liiiiited Cliai-lei ed Cer¢ifiedAccoiiiilanls 27 Abalon Trust Notes to the Financial Statements (contIn￿d) Year ended 30 April 2025 Donatlons and legacies UnreslriGled Funds Restricted Total Funds Funds 2025 Donations General Donations 2.113 2,113 Grant8 Tim8 4 U Ltd 37,375 37,375 39.488 2,113 37,375 Unreslricted Funds Reslricled Total Funds Funds 2024 Donations Gen8ral Donations 3,220 3,220 Granls Time 4 U Ltd 3.220 3,220 Jackson Nicholas Assee Liinited Chai'lei'ed Cei'lifiedAccoiiiilaiils 28 Abalon Trust Notes to the Flnanclal Statements (contlnuod) Year ended 30 April 2025 Charltable actlvitles Restricted Total Funds Funds 2025 Reslricted Total Funds Funds 2024 Scope Fundlng 2,000 2.000 Expèndltur• on charltabla actlvltles by fund type Unrestricted Funds Restricted Total Funds Funds 2025 Eye Care S&Nices Support Costs 1.195 3,258 37.980 1,923 39.175 5,181 4.453 39,903 44,356 Unrestricted Funds Restrlcled Total Funds Funds 2024 Eye Care Services Support Gosls 2,721 2.721 2,721 2,721 Expendltur• on charltabh actlvltlos by actlvlty type Activities underlaken directly Support costs Total funds 2025 Total fund 2024 Eye Care SeNices Governance costs 39,175 2,842 2,339 42,017 2,339 44,356 2,721 39.175 5.181 2.721 Analysls of support costs {excludlng govemance costs) Eye Care Services Total 2025 Total 2024 Overheads Webslte Truslee Expenses Legal and Professional 2,092 528 101 2,172 2.172 670 670 2.842 2,842 2,721 Jackson Nicholas Assie Liiniled Chai"lei"ed Cei'lifiedAccounlanis 29 Abalon Trust Notes to the Financial Statements (e¢ntlnuod) Year ended 30 April 2025 Independent examination feès 2025 2024 Fees payabl8 to the independent examiner for= Independent examination of the financial statements 2,250 No Independent Examination was carried out in the previous financial period: henc8 no fe8$ were paid. 10. Staff cost3 The average head count of 8mployees during the year was Nil (2024= Nil), No employee received employee benefits of more than £60.000 during the year {2024: Nil). 11. Trustee remuneratlon and expense8 no remunaration or other benefits from employment wllh the charity or a relaled entity were re¢elved by the trustees no trustee expenses have been incurred 12, Tanglble fixed assels Equlpment Cost At l May 2024 and 30 Aprll 2025 Depreclatlon At 1 May 2024 and 30 Aprll 2025 Carrylng amount At 30 Aprll 2025 At 30 April 2024 1.579 1,579 13. Debtors 2025 2024 Other debtors 164 14. Credltors: amounts falling due withln one year 2025 2024 Accruals and deferred income 2,340 Jacksoii Nicliolas Assie Liiniled Chai'lei'ed Cei'lifiedAccoiiiiianls 30 Abalon Trust Notes to the Financial Statemenls {¢onllnuod) Year ended 30 Aprll 2025 15. Analysis of charltable funds Unrestrlcted funds At 1 May 2024 At Transfers 30 Aprll 2025 Incom8 Expendilure General funds Designated Fund - 100 in30 2.018 2,113 (4.453) 4.039 3,717 2,039 (2,039) 2.000 4.057 2,113 (4.4531 3,717 At 1 May 2023 At Transfers 30 April 2024 Income Expenditure General funds Designated Fund - 100 In30 1.519 3,220 (2.7211 2.018 2,039 2,039 3.558 3.220 (2,721) 4.057 Restrlcted fund¥ At 1 May 2024 Al Transf8rs 30 Aprll 2025 Income Expenditure Restricted Fund - Zimbabwe Restricted Fund - Scope Time 4 U Ltd 3,534 2.000 (3.534> {2,000) 37.375 136,369) (39.903) 1,006 5,534 37.375 (2,000) 1,006 At 1 May 2023 At Transfers 30 ApTII 2024 Income Expendllure Restricted Fund - Zlmbabwe Restricted Fund - Scope 3,$34 3,534 2,000 2.IXIO 3.534 2,CM)O 5,534 The Scope grant is for eye care lo be provided in Zimbabwe. Zimbabwe funds we funds raised specifically for eye camps in Zimbabwe. Time 4 U Ltd grant was to cary out community-driven health Initiative which Involved screenlng for hyp6rtension, diabetes and carrying oul BMI checks Jack8011 Nicholas Assie Liinited Chai'lei'ed Cei-lifiedAccoiinlanls 31 Abalon Trust Notes to the Financial Statements (eontlnu•d) Year ended 30 April 2025 16. Analysis of net assels between funds Unrestricted Funds Restricted Total Funds Funds 2025 Current assets Creditors less than 1 year Net ass8ts 6,057 (2,340) 3.717 1,006 7,063 (2,3401 4,723 1.006 Unrestricted Funds Raslricled Total Funds Funds 2024 Current assets Creditors less than 1 y8ar Net assals 4.057 5,534 9,591 4,057 5,534 9,591 17. Analysis of changes in net debt Al At 1 May 2024 Cash flows 30 Apr 2025 Cash al bank and in hand 9.427 (2,528) 6.899 18. Post balance sheet events The trustees have considered the likelihood of any significant posl balance sheat events and have concluded that there ar8 none which impact the financial stslements. 19. Related partl•s Durlng the financial year the following unconditional donatlons were received from trustees: C Plerce £240 C Wilson £240 Y Obadeyi £420 A Mapani £800 G Knight £250 Jacks011 Nicholas Assie Liiniled Chai-lei ed Ceriified Accoiiiilanls 32