**REGISTERED CHARITY NUMBER: 1174797**
## **Report of the Trustees and**
**Unaudited Financial Statements**
**for the Year Ended 31st December 2024**
**for**
**Barnet Borough Sight Impaired**
Spencer Hyde Limited 272 Regents Park Road London N3 3HN
**Barnet Borough Sight Impaired**
## **Contents of the Financial Statements for the Year Ended 31st December 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Statement of Financial Position**||5||
|**Notes to the Financial Statements**|6|to|10|
|**Detailed Statement of Financial Activities**||11||
**Barnet Borough Sight Impaired**
## **Report of the Trustees**
## **for the Year Ended 31st December 2024**
The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
Objectives and aims
The objectives for which the charity is established is to promote the welfare of blind and partially sighted people living in the London Borough of Barnet and to educate the Public about their needs and aspirations.
These objectives and aims have been achieved as follows:-
- (a) By providing advocacy/advice/information to blind people and those with visual impairment.
- (b) By liaising with other interested bodies in order to promote the wellbeing of blind and visually Impaired people.
- (c) By providing social activities aimed at promoting the wellbeing of blind and visually impaired people.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document and constitutes a Charitable Incorporated Organisation
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1174797
## **Principal address**
Flightways Resource Centre The Concourse Graham Park London NW9 5UX
## **Trustees**
E Amos P Ashby J Aspinal O Natelson (resigned 16.4.24) N Vandyk M Rees P Tarl P Vadgama (appointed 16.4.24)
## **Independent Examiner**
Antony Youselli Spencer Hyde Limited 272 Regents Park Road London N3 3HN
Page 1
**Barnet Borough Sight Impaired**
**Report of the Trustees for the Year Ended 31st December 2024**
Approved by order of the board of trustees on 12th May 2025 and signed on its behalf by:
P Tarl - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of Barnet Borough Sight Impaired**
## **Independent examiner's report to the trustees of Barnet Borough Sight Impaired**
I report to the charity trustees on my examination of the accounts of Barnet Borough Sight Impaired (the Trust) for the year ended 31st December 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Antony Youselli
Spencer Hyde Limited 272 Regents Park Road London N3 3HN
12th May 2025
Page 3
## **Barnet Borough Sight Impaired**
## **Statement of Financial Activities**
## **for the Year Ended 31st December 2024**
|**2024**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**2,188**
**Charitable activities**
4
General
**5,830**
Investment income
3
**166**
**Total**
**8,184**
**EXPENDITURE ON**
**Raising funds**
Raising donations and legacies
5
**50**
**50**
**Charitable activities**
6
General
**2,962**
Other
**16,023**
**Total**
**19,035**
**NET INCOME/(EXPENDITURE)**
**(10,851)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**38,895**
**TOTAL FUNDS CARRIED FORWARD**
**28,044**|2023
Total
funds
£
13,297
4,422
278|
|---|---|
||17,997|
||-|
||-
1,565
4,005|
||5,570|
||12,427
26,468|
||38,895|
The notes form part of these financial statements
Page 4
## **Barnet Borough Sight Impaired**
## **Statement of Financial Position**
## **31st December 2024**
|**2024**
**Unrestricted**
**fund**
Notes
**£**
**CURRENT ASSETS**
Debtors
9
**-**
Cash at bank
**30,435**
**30,435**
**CREDITORS**
Amounts falling due within one year
10
**(2,391)**
**NET CURRENT ASSETS**
**28,044**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**28,044**
**NET ASSETS**
**28,044**
**FUNDS**
11
Unrestricted funds
**28,044**
**TOTAL FUNDS**
**28,044**|2023
Total
funds
£
1,133
37,935
39,068
(173)
38,895
38,895
38,895
38,895
38,895|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 12th May 2025 and were signed on its behalf by:
P Tarl - Trustee
The notes form part of these financial statements
Page 5
**Barnet Borough Sight Impaired**
## **Notes to the Financial Statements for the Year Ended 31st December 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Donations
Legacies
Grants
Subscriptions
Grants received, included in the above, are as follows:
Other grants|**2024**
**£**
**1,493**
**-**
**610**
**85**
**2,188**
**2024**
**£**
**610**|2023
£
1,330
9,495
2,327
145|
|---|---|---|
|||13,297|
|||2023
£
2,327|
Page 6
continued...
**Barnet Borough Sight Impaired**
## **Notes to the Financial Statements - continued for the Year Ended 31st December 2024**
|**3.**|**INVESTMENT INCOME**||||||
|---|---|---|---|---|---|---|
||||||**2024**|2023|
||||||**£**|£|
||Deposit account interest||||**166**|278|
|**4.**|**INCOME FROM CHARITABLE ACTIVITIES**||||||
||||||**2024**|2023|
|||Activity|||**£**|£|
||Receipts from socials|General|||**2,304**|1,555|
||Quiz nights|General|||**3,526**|2,867|
||||||**5,830**|4,422|
|**5.**|**RAISING DONATIONS AND**|**LEGACIES**|||||
||||||**2024**|2023|
||||||**£**|£|
||Support costs||||**50**|-|
|**6.**|**CHARITABLE ACTIVITIES**|**COSTS**|||||
|||||||Support|
|||||||costs (see|
|||||||note 7)|
|||||||£|
||General|||||**2,962**|
|**7.**|**SUPPORT COSTS**||||||
||||Management||Finance|Totals|
||||£||£|£|
||Raising donations and legacies|||**50**|**-**|**50**|
||General||**2,879**||**83**|**2,962**|
||||**2,929**||**83**|**3,012**|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 31st December 2023.
continued...
Page 7
**Barnet Borough Sight Impaired**
||**Notes to the Financial Statements- continued**|**Notes to the Financial Statements- continued**|**Notes to the Financial Statements- continued**|||
|---|---|---|---|---|---|
|||**for the Year Ended 31st December**|**2024**|||
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
|||||**2024**|2023|
|||||**£**|£|
||Prepayments and accrued income|||**-**|1,133|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
|||||**2024**|2023|
|||||**£**|£|
||Other creditors|||**2,391**|173|
|**11.**|**MOVEMENT IN FUNDS**|||||
|||||Net||
|||||movement|At|
||||At 1.1.24|in funds|31.12.24|
||||£|£|£|
||**Unrestricted funds**|||||
||General fund||**38,895**|**(10,851)**|**28,044**|
||**TOTAL FUNDS**||**38,895**|**(10,851)**|**28,044**|
||Net movement in funds, included|in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||£|£|£|
||**Unrestricted funds**|||||
||General fund||**8,184**|**(19,035)**|**(10,851)**|
||**TOTAL FUNDS**||**8,184**|**(19,035)**|**(10,851)**|
||**Comparatives for movement in**|**funds**||||
|||||Net||
|||||movement|At|
||||At 1.1.23|in funds|31.12.23|
||||£|£|£|
||**Unrestricted funds**|||||
||General fund||26,468|12,427|38,895|
||**TOTAL FUNDS**||26,468|12,427|38,895|
continued...
Page 8
**Barnet Borough Sight Impaired**
## **Notes to the Financial Statements - continued for the Year Ended 31st December 2024**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|Incoming|Resources|Movement|
|---|---|---|
|resources|expended|in funds|
|£|£|£|
|**Unrestricted funds**|||
|General fund
17,997|(5,570)|12,427|
|**TOTAL FUNDS**
17,997|(5,570)|12,427|
|A current year 12 months and prior year 12 months combined position is as follows:|||
||Net||
||movement|At|
|At 1.1.23|in funds|31.12.24|
|£|£|£|
|**Unrestricted funds**|||
|General fund
26,468|1,576|28,044|
|**TOTAL FUNDS**
26,468|1,576|28,044|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|26,181|(24,605)|1,576|
|**TOTAL FUNDS**|26,181|(24,605)|1,576|
continued...
Page 9
**Barnet Borough Sight Impaired**
## **Notes to the Financial Statements - continued for the Year Ended 31st December 2024**
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st December 2024.
Page 10
## **Barnet Borough Sight Impaired**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Legacies
Grants
Subscriptions
**Investment income**
Deposit account interest
**Charitable activities**
Receipts from socials
Quiz nights
**Total incoming resources**
**EXPENDITURE**
**Other**
Quiz costs (Fundraising costs)
Printing Newsletter
Sensory Garden
Cost of Socials
**Support costs**
**Management**
Insurance
Telephone
Advertising / Promotion
Office exp / Secretarial
Accountancy
**Finance**
Bank charges
Total resources expended
**Net (expenditure)/income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31st December 2024**
2024
2023
£
£
**1,493**
1,330
**-**
9,495
**610**
2,327
**85**
145
**2,188**
13,297
**166**
278
**2,304**
1,555
**3,526**
2,867
**5,830**
4,422
**8,184**
17,997
**1,802**
1,430
**43**
160
**10,000**
-
**4,178**
2,415
**16,023**
4,005
**255**
255
**806**
749
**616**
-
**652**
489
**600**
-
**2,929**
1,493
**83**
72
**19,035**
5,570
**(10,851)**
12,427|**Detailed Statement of Financial Activities**
**for the Year Ended 31st December 2024**
2024
2023
£
£
**1,493**
1,330
**-**
9,495
**610**
2,327
**85**
145
**2,188**
13,297
**166**
278
**2,304**
1,555
**3,526**
2,867
**5,830**
4,422
**8,184**
17,997
**1,802**
1,430
**43**
160
**10,000**
-
**4,178**
2,415
**16,023**
4,005
**255**
255
**806**
749
**616**
-
**652**
489
**600**
-
**2,929**
1,493
**83**
72
**19,035**
5,570
**(10,851)**
12,427|
|---|---|---|
||||
|||13,297
278
1,555
2,867|
|||4,422|
|||17,997
1,430
160
-
2,415|
|||4,005
255
749
-
489
-|
|||1,493
72|
|||5,570|
|||12,427|
This page does not form part of the statutory financial statements
Page 11