CHARrrY REGISTRATION NUMBER: 1175066 Sandwell Visually Impaired CIO Report of The Trustees and Unaudited Financial Statements 31 March 2025 NTA LIMI Chartered Certtfied Accountants Hilton Hall Hilton Lane Essington South Staffordshire WV11 28Q
Sandwell Visually Impaired CIO Financial Statsments Year ended 31 March 2025 Page Trustees, annual report Independent examinetrs report to the trustees statement of financial activities Statement of financial position 10 Notes to the financial statements 11 The following pages do not forni part of the financial ststements Detailed statement of financial activib.es 18 Notes to the detsiled statement of financial activities 19 Detailed Unrestricted Funds 20 Detailed Restricted Funds 21
Sandwell Visually Impaired CIO Ttee8. Annual Report Year ended 31 March 2025 The trustees present their report and unaudited financial statements of the charity for the year ended 31 March 2025. Refornnco and admlnlstrth• detallg Regi$t8r8d charlty name sand11 Visualty Impaired CIO Charity rnglstratlon number 11761A6 Principal office SVI Office West BroMlCh Town Hall Lodge Road West Brom¥%ich B70 8DY Th8 trustO8S A D Averis K Averis R Fladey R Gill R Gomiley T Gracesmth G Orlebar K Patel H Rourke G Hughes S Ahmed D Fletcher (Resigned 18 November 2024) {Resigned 18 November 2024) (Resigned 18 November 2024) (Appointed 18 November 2024) (Appointed 18 November 2024) (Appointed 18 December 2024) Indepandent gxamlner Kate Wrigm FCCA Hilton Hall Hilton Lane Essington South Staffordshire Wd112BQ
Sandwell Visually Impaired CIO Trustees. Annual Report (conthu Year ended 31 March 2025 Structure. governancè and ManageMrt (a) Goveming dcKument The charity is controlled by its constitution dated 10 October 2017 and is a Charitable Inwrporated Organisation. (b) Organi8atlona5 structure The charity has a management commiitee of up to 15 members meet regularly and are responsible for the strategic direction and policy of the charity. ( c) Appoinlrnent of trustees Under the requirements of the constslution. trustees are elected to tt* management committee to serve for a period of up to three years after vthich trustees must be re-elected at the nexi annual general meeting. (d) Risk management The trustees have examined the major strategic. business and operational issues which the organisation faces. They confinn that systems are in place to enable regular reports to be produced so that necessary steps can be taken to reduce risks. Objoctlves and actlvities The objects and principal aclivities of the chanty are to relieve the needs of blind and visually impaired people liifjng or working in the Borough of sand11 in Ihe West Midlands. their families and carers in parb'¢ular, but not exdusively, by assistance in the provision of advice, educatbon, infomation and support to enable increased independence and life opportunities.
Sandwell Visually Impaired CIO Trustees. Annual Report Iconthu•d) Year ended 31 March 2025 Achlovernents and performanc• SIA services are available to our membership of 368 members. carers and associates who have an interest in sht loss issues. 11 is not necessary for people lo be members of SVI to receive a getvice. Anyone liwng in the SandEII area who is experiencing sight loss issues or Ykno has someone dose to them vh70 is struggling wrth their suht can re1ve a ser4ice from SVI. We have responded to the followng sight loss enquiries via telephone supporL home visits and group sessions this financial year. - Infonnation and advice support {facept¢>face. over the phone and electronicalty) = 941- Health, wellbeing and peer support total attendances this year - 2787 Volunteer hours given to SVI this year- 5416 Sandwell Council had 951 people registered as sight impaired as of February 2025. RNIB (Royal National Institute of the Blind) have esb'mated that approximately one in thirty people are INing ¥th some level of sight loss. Given that RNIB'S numbers are a rough approximation. can only conclude that many people are not receiving a regular support service via stabjtory provision and likely no support at all other than from family net)rks. One of our goals is to reach as many of these people as as possible. Svl's yrk is based on true user partiC4paknn arKI ctrproduction. Our aim is to: - reduce the isolatlon. d1semp0nent and loss of confidence experienced by many visually impaired people- provide a safe, 8UPPOrting approach to keeping active and healthier for longer,'- offer practical help to enable wsually impaired people and their families to access support as and they need rt., - encourage blind and visually impaired people to play an active role in the communty; . promote friendships and encourage peer support by organising trips, events and social athities. . support families, friends and associates of peoplè living wth sight bss.. with providers to infomi and educate. All our activities and campaigns are organised and led by visualty impaired people Imth the assistance of our Gommitted staff and volunteers. We tske a holistic approach, looking at all elements of the merrtal, physical and emotional wellbeing of the people vtho use our seNices. SVI seeks to help remove the fears associated wtth sight loss and encourages people to explore other %Bys of doing things wthich they may think are no longer possible. We prowde support in a range of areas, all of 1¢h are intertinked. A diagnosis of sight Ioss TS lrfe chang5j and can be extremely traumatic. Even those 0 have been vlsually impaired but those swJht is changing can become very anxious and fearful. It can impact other heatth conditions, caring responsibilities. ageing 11 and the confidence to live independently. With an estimated 45.2% of blind and Msualty impaired people experiencing depression, SVI has taken steps to ty to remove some of the fears around sbght loss and help peopk to explore a range of coping strategies. We have delivered our SEE (Support, Empowem)ent and Experience) programme to promote and encourage better mental heatth for peopk living wm signt knss. The SEE programme included more complex ontrtone advocacy support along with group sesslons to help people cope better living Mrith sight loss. Group sessions include:_ Being Fearfess confidence building and assertiveness skills;
Sandwell Visually Impaired CIO Trustees. Annual Report Year ended 31 March 2025 - Soundbath laxatIOn and stress managemert Living 11 vlith sight Ios5" - Talk and support group; Specialist counselling and listening. - Men's health. The programme engaged 156 pathipants in total. It was fvnded through Sandell Council's Better Mental Health programme. Some of SVI'S services can be accessed virtually as ll as face-faCe and our weekly coffee and conversation wrtual sessKJns have remained very popular vith those who sb"Il donl feel confident to get out and about. Meeting others and getttng oui and about is extremely important This year we have organised:_ fish and hip supper on a canal boat ryth entertainment day trip to Llandudno - trip to Wirrterbourne House and Gardens inckKling a guided tour beer and skittles night - a 'Gurryoke' night at the Yew Tree, West Bromich And of course our regular event Sants's Turkey Santhmch Party at the Dartmouth Central cb. Many of our social activitses are funded through membership contrtbutions and group fvnd raising. Some of our day trips and larger actsvitses were funded by the Indusive Communities Out and About for Summer programme. Health and ElIbe[ SVI has worked closely with Public Heallh at Sandwell Council this year. This has enabled u5 to access several funding streams and specific health promotTon opportunities. such as cancer awareness, men's heatth and mentsl wellbeing. We have also developed relationships with the NHS Integrated Care Board to increase fairer access to services for sensory impaired people and to addr issues around women's health and visual impaimenL SVI Continues to worf( wilh Sand1 Leisure Trust, the Portway Lifestyle Centre and Places for People, to empower visualty impaired people to access fftness facilitses. We recruit and train volunteer buddies to enable visualty impaired peopte to take part in a range of acbvibes on an equal basis. We hold weekly supported gym sessions, &imming, Aquafft arKI line dancing. We ran a very popular summer. weekly park walk programme and addth'onal town-based alks. In partrwship V•ith Midland Meni2p we we offered accessible Cycling in Sandw1 Valley. This year * started Showdown sessions. a fast-moving game similar to table tennis and air hockey. We Were given a Sh(rMlo*n table to use in partnership with the Abion Foundation and Adult Social Care. This vras part of of the Intematlonal Blind Sports Association {IBSA) Games. Arts and Culiure Pro e¢ts The arts have often been seen as something that blind and visualty impaired people cannot fulty engage with. SVI seeks to encourage people with sight loss to enjoy arts and culture In a drfferent way. We yrked in partnership Imth the Binningham Royal BalleL advising on aeSSIbIlity issues for their perfonnance of The Nutcracker and other ballets. Members of the Nutcracker cast were guest speakers at our Annual Forum. Several of our members enjoyed and audiTrdesuibed perfonnance at the Birmingham Hippodrome.
Sandwell Visually Impaired CIO Trustees. Annual Report (¢onth Year ended 31 March 2025 Closer to home. VR re involved in the development of a th called The Wild by Black County Touring. This built on communty wDrkshops. about %that knryld, meant to people. The play was perfomied at various venues across sand¥1. At least t> perfomiances induded audio description and a touch tour. SVI was invited to be part of the 8fum Rocks programme. This included some wactice sessions at the SVI base, follo*d by a live perfomance in Juty 2024 in Bimiingham. Building (m the success of this, we obtained funding from Music For AJI to deliver a series of rock thDrkshops in partnership with Misfits Music which included singing arKI playing instruments. This is culminated in a perfomance at our Annual Forum in November. The abilty to use new technology has become essential for everyday fving. In this fast-moving area. blind and visually impaired people are increasingty likely to be left behind. Many of our members are older people and most have lost their sight in later life. The skills base (x even with'r¥Jnesslconfidence to ty Out technology is often a barrier. To support members to overcome these barriers, have obtsined funding from Thomas Pocklington Trust to engage a digtsl consultant who is working us for one day a week, to assist blind and visualty impaired people to increase their IT skills. The consultant has provided group and one-tone sessions on a range of smart devices as thell as assisting paople to get better use of IT in the home. As part of our IT project development received funding from sand¥11 Councifs Digital Fund to support us to develop an IT suite. We have also had funding from the Metal Closures Family Welfare Fund to purchase other equipment irKluding braille transuiption 90ft¥re. braille writing machines and audio duplication equipment. nandco One of the largest barriers faced by people Imng sight loss is accessing infonnation. SVI vKJrks with statutory and community organisations to highlight the importance of accessible infomiation in all ft)rmats. We work in partnership with Sand11 Talking News to offer a postal and online wkly audio neVPaper to blind and visualty impaired people throughout Sand11. Infonnation about SVI'S forthcoming activities and events is sent to members on audio CD, wthen this is their preferred formaL We We maintain a website and Facebook page and group. We hold tea and toast sessions for people to informaty meet experts from local providers tho talk on a range of topical subjects. Members. open meetings and our annual forum provide a larger platfonn for guest speakers and exhib5tson stands and displays. We invite guest speakers and repre5entstives from local and national organisations to share infomiation about their services. Our 2024 annual forum had 100 people in attendance. Our monthty tea and toast Pjessions have around 30 people.
Sandwell Visually Impaired CIO Trusteo8' Annual Report {conthw• Year ended 31 March 2025 Financial rnviow Our funds are mosty rdised through grant programmes, legacies and member contributions. Please refer to our Surnmary of Accounts for a financial overview. pi Our Trustees. overall aim is to establish SIA as a sustsinable. user-led organisatK)n vath a reputation far delivering qualty services. The majority of our Trustees a visually impaired themselves and are experts by 8xperience. They are passionate about providing a service that fulty meets the needs of their peers in Sandwell. We have t¥ part-time staff seconded from Sandwell Council. We benefft from a central office location within the Borough at a peppercom rent thanks to the Council's commitment to our service. This year we have also contTrnued to direth employ a part time Enablement and Engagement Worker. We had a second part-time Enablement Worker to assist wrth activtties over the summer period. In March 2024, we recrutted an Advocacy and Inforniattrm Coordinator took the lead on our advocacy and guidance service as part of the SEE programme. A six hr per week Administrative Support Worker assisted the SEE programme. Trustees and staff recognise the need for longer term funding to enable u5 to grow and develop. To this end, our plans for the next year irKlude the following aims and objectives: To secure fvnding to resume our advocacy. infomation and guidance support and further counselling and listening programmes. Our SEE Advocacy and Inf0Mat programme has evidenced the need for this. To continue to provide a variety of social opporknntties, such as trips ou( tea and toast, and women's group. To explore funding Opportunities to recruit an actNities coorrlinator. To develop a men's health group. meeting monthty guest speakers. To provid8 more physical activity and 7hEHbeing progfammes and continue existing ones. In particular more walking groups and to knork with British Blind Sports to develop a Shoth League team. To continue to recruit new volunteers particularty from Imthin the blind and visually impaired community. Seek funding or a partnership agreement to continue an IT seNice to the visually impaid communty. We now have an equipped accessible IT suite thich can be used by individuals or groups. More enablement support. Enablement and buddy support is fundamental to the work we do. No matter how confident and able a visualty impaired person is, there are b'mes then sighted support is essential. Thè enablingibuddy model 1$ very effecbve and empowering, making mainstream activrties more appealing and accessible to people living 7th sight loss. We are seeking funding to mairrtain this aspect of our work and to develop our enablement service further. Sight bss ts lrfe changing and the sense of bereavement is a natural process that needs help and support to overcome. Our peer support model offers people a pfftrful example of what can be achieved following sight loss.
Sandwell Wisually Impaired CIO Trustees. Annual Report (ntin Year ended 31 March 2025 The trustees, annual report was approved on 17 November 2025 and signed on behalf of the board of trustees by: A D Averis Trust88
Sandwell Visually Impaired CIO Independent Examiners Roport to the TteeS of Sandwell Vlsually Impalred cio Year ended 31 March 2025 I report to the trustees on my examinaticm of the financial statements of SandK*ell Visualty Impaired CIO (Ihe charity) for the year ended 31 March 2025. Responsibilities and basis of r•port As the trustees of the charity you are responsuè for the preparatKffi of the financial statements in accordance with the requirements of the Charities Act 2011 (Ihe Act). I report in respect of my examinalion of the chartys financlal statemerts carried out under section 145 of the 2011 Act and in carying out my examination I have folloEd all the applicable Directions given by the Charity Commission under section 145{5)(b) of the A Independent examinorfs Statement I have completed my examination. I confirm that no material matteTS have come to my attention in connection the examination giving me cAuse to believe that in ary material respect: accounting records were not kept in respect of the chanty as required by section 130 of the Act" or the financial ststements do not accord th those records" or the financial statements do not comply VKUI the applicable requirements conceming the fomi and rnntent of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requiremerrt that accourrts give a Irue and fairf view vthich is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in Connection wilh the examination to Mthi¢h attention should be dra in this report in der to enable a proper understanding of the accounts to be reached. 6Uy& Kate Wright FCCA Independent Examiner Hifton Hall Hilton Lane Essington SoLrth Stafftirdshire WV112BQ
Sandwell Wisually Impaired CIO Statement of Financial ActivitRs Year ended 31 March 2025 202S unrestric Restrided funds funds Total funds Total funds 2024 Incoming resources Charitable activities- grants receivable Investment income Other income 2.869 1Tt 6,659 9.705 88.458 91,326 1TT 7,906 99.409 78,666 157 7,480 86.303 1,247 89,705 Total incom• Exp8ndlture Expenditure on charitable acbvibes Total expendlturn 15,278 15,278 70.022 85,300 85,300 89,481 89,481 70,022 Net incomellexpendlture) and net movement in fund8 (5,573) 19.683 14,109 (3,178) Reconciliatlon of funds Total funds brought fOrdrd Totsl funds carrfod fOrard 25.560 19.987 34.661 60.221 74,331 63,398 60,220 The statement of financial actsvibes iludeS all gains and losses recognised in the year. All income and expenditure derive from continuing acbvilw. Tho notrs on pages 11 to 16 fomi part of thes• financlal slatements.
Sandwell Visually Impaired CIO Statement of FinanGial Position 31 March 2025 2025 2024 Current assets Cash at bank and in hand 75.530 60,220 Creditors: amounts falllng due wlthln one year Net current assets 12 1.200 74.330 60.220 Total assets less current liabilities 74.330 60,220 Net assets 74,330 60,220 Funds of the charity Restricted funds Unrestricted funds 34.661 25.559 60,220 19.986 Total charlty funds 13 74.330 These financlal ststements were approved by the board of trustees and auISed for issue on 17 November 2025. and are signed on behalf of the board b A D Averis Twste8 Thg not#s on pages 11 to 16 form part of these financial sL*m•nts. 10
Sandwell Visually Impaired CIO Notes to the Flnanclal Statements Year endod 31 March 2025 Genoral infomiatlon The charity is a public benefft entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is SVI Office. West Bromwich Town Hall, Lodge House. West Bromwich. B70 8DY. statsm•nt of compliance These financial statements been prepared tn cornpfiance *ith FRS 102, The Financial Reports'ng Standard applicable in the UK and the Republic of Ireland, the Statement of Recommended Practice applicable to ChareS preparing their accounts in accordance with the Financi81 Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charities SORP (FRS 102)} and the Charities Act 2011. Accounting polici Basls of preparation The finanal statements have bewi yepared on the historical cost basis. as modffied by the revaluation of certain financial assets and Ilabilities and invesknent PrOpe.e5 measured at fair valu8 through income or expendilure. The financial statements are prepared in sterling..¥bthith is the functional currency of the entity. Going concem There are no material uncertainties abCrt the chanvs ability to continue. Fund accounting Unrestricted funds are available for use at the discretion of the tfustees to further any of the charltrfs purposes. Designated funds are unrestricted funds eamarked by the InBtees for partlcular future project or commitrnent. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the tems of an appeal, and fall into one of two suMasses'. restri in¢ome funds or endowment funds. 11
Sandwell Visually Impaired CIO Notes to tha Financlal Statements (Kd) Year ended 31 March 2025 Accounting polici08 (eonthu• Incomlng rnsources All incoming resources are included In the statement of financial actsvities when entltlement has passed to the charity, it TS probable that economic beneffts associated viith the transaction will flow to the ¢hanty and the amount can be reliably measured. The follo¥ing spe¢ifi¢ policTres are applied to particular categories of income: income from donations tx grants is recognised wtlen there is evidence of entitlement to the grft. receipt is probable and its amount can be measured refobty. legacy income 18 recognised receipt is wobable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in lch case the value is defived from the cost to the donor or the estimated resale value. Donated frdcilities arKI services a recognised in the accounts en received if the value can be reknabty measured. No amounts are induded for the contribution of general volunteers. income frcn contracts for the supply of seThices is recognised *iih the dellvery of the contracted servtce. This is dassffied as unrestricted funds unless there is a contra¢tual requirement for it to be spenl on a parb'Gular purpose and returned rf unspenL in Nthich case Éi rnay be regarded as restricted. Resources oxponded EXpendire is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fulty recovered, and is classified under headings of the ststement of financial actNities to ¥thich it relates.. expenditure on raising funds includes the costs of all fUrKlraiSv activities. events. non- charitable trading activtknes. and the sale of donated goods. expenditure i)n chariiable athibes inCdeS all costs incurred by a charY in undertaking activities that further its charitable aims for the benefft of its beneficiaries. induding those support costs and costs relating to the govetrk3nrE of the charity apportioned to charitable activrbes. odier expenditure includes all expendiiure that is neither related to raising funds for the charity nor part of its expendiiure on charitabl8 aclivibes. AJI ¢08ts are alk)catsd to expendire categories reflecting the use of the resource. Direct costs attributsble to a single activtty are allocated directy to that acbvity. Shared costs are apportioned betyépen the actiNities they contribute to on a reasonable. justifiable and consistent basis. Financlal Instrum8nts A financial asset or a financial liabilty is recognised (x)ly when the charity becomes a party to the contractual provlsions of the instrument. Bas financial instruments are initially recognised at the amount receivable or payable including any related tRnsaction costs. 12
Sandwell Visually Impaired CIO Notes to the Financlal Statements (C•d) Year ended 31 March 2025 Accountlng poll¢loS {eonthu6dJ Flnanclal instruments (eonthu•4 Current assets and Current liabilitses are subsequentty measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are sUbSeqty measured at amortised cost Where investments in shares are publicly traded or their fair value can otherwise be measured reliably. the investment 18 subsequenty measured at fair value wilh changes in fair value recognised in income and expenditijre. All other such investments are subsequenty measured at cost less impaimenL Other financial instruments, induding derivatives. are initially recognised at fair value, unless payment for an asset is deferred beyond nomial business terms or financed at a rate of interest that 15 not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other finanaal instruments are subsequenty measured at fair value, 1th any changes recognised in the ststement of financial acknbes. with Ihe exception of hedging instruments in a designated hedging relationship. Financial assets thal are measured at cost or amortised cost are revie% for objective eTr•lldence of impairment at the end of each repo.ng date. If there is objecttve evidence of impaimen( an impairment loss is recognised under the appropriate heading in the statement of financial activities in vthich the initial gain vrds recognised. For all equty instwments regardless of significance. and other financial assets that are individualty significant, these are assessed iNJMdually for impaimient. Oiher financial assets are ether assessed individually or grouped on the basis of similar Gredit flsk characteristics. Any reversals of impaimient are recognised immediatdy. to the extent that the reversal does not result in a caryng amount of the financial asset that exceeds *that the carrying amount would have been had the impainnent not prevKmIY been recognised. Dellned contribution plans Contribuiion3 to defined contnMion plans are recognised as an expense in the period in which the related seNce is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment lead to a reduction in futu payments or a cash refund. When contributions are not expected to be settled vthdly within 12 months of the end of the reporting date in whlch the ernployees render the related seryice, the liabilty is measured on a discounted present value basis. The unwinding of the discount recognised as an expense in the period in which it arises. Charitsble activities . grants rncelvabl8 Unrestricted Funds Restricted Total Funds Funds 2025 C)ther inGome from GharitalAe activitses 2.869 .458 91.326 13
Sandwell Wisually Impaired CIO Notes to the Financial Statements (¢onthu Year ended 31 March 2025 Charitabl• actlvltles . grants rOl¥abl• Iwthu•O Unrestrcted Restrscted Total Funds Funds Funds 2024 Other income from charitable actsvibes 4.469 74.197 78,666 Invostsnont Income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest recEyvable 177 177 157 157 Other Incomo Unrestricted Restricted Total Funds Funds Funds 2025 Other income 6,659 1.247 7,91 unrestri Restricted Totsl Funds Funds Funds 2024 Other income 5,424 2.056 7,480 Expenditurn on charltabl& a¢lfvlti•s by fund typ• Unrestricted Funds Restricted Totsl Funds Funds 2025 Charitsble activitses Support Costs 14,079 1.200 70,022 84,100 1,200 85,300 15,278 70.022 Unrestrd Restricted Total Funds Funds Funds 2024 Charltable activtts Support costs 15.033 74.448 89.481 15.033 74.448 89,481 14
Sandwell Visually Impaired CIO Notes to the Financial Statements (conth Yaar ended 31 March 2025 Exponditurn on charltable activill•G by activity typo Acttlqtses undertaken directly Support costs Totsl furKls Total ftind 2026 2024 Charitsble activitses Governance costs 84,100 84.100 1,200 85,300 89.481 1,200 1.200 84.100 89,481 Independent 8xamination fees 2025 2024 Fees payable to the independent examffter for. Independent examinatton of the financial ststements 1.200 10. staff costs The total staff costs and employee benefits for ts reporbng perKKI are anatysed as follows: 2025 2024 Wages and salaries Employer contributions to pension plans 45,544 2.328 47.872 27,867 496 28,363 The average head count of employees during the year was 3 (2024: 2). No employee received employee beffts of more than £60.000 during the year (2024: Nil). 11. Trustso romuneratlon and expnges No trustee received any remuneration for their Services during the year. 11 Creditots: amounts falling duo withln ono year 2025 2024 Accruals 1,200 15
Sandwell Visually Impaired CIO Notes to the Flnancial Statements Year ended 31 March 2025 13. Analysis of charitablo funds Unrestrlcted funds At 31 March 202 1 April 2024 Income Expenditure Transfers Unrestricted funds 25.560 9.705 (15.278) 19,987 At 31 March 202 1 April 2023 Income Expenditure Transfers Unrestricted funds 30,026 10.050 (15,033) 516 25.560 Restrictsd funds At 31 March 202 1 Awil 2024 Income Expenditure Transfers Restricted Funds 34.661 89.705 0,022) At 31 March 202 1 Apnl 2023 Income Expenditure Transfers Restricted Funds 33.372 76.253 (74.448) {516) 34.661 Please see pages 20 and 21 for a detailed breakdovm of the funds.
Sandwell Visually Impaired CIO Management Information Year ended 31 March 2025 Tho following pages do not forni part of th8 Ilnancial ststements.
Sandwell Visually Impaired CIO Detalled Statement of Financial Activrties Year ended 31 March 2025 2025 2024 Incomlng resources Charitable activltles - grnnts rn¢glvable other income from chantsble actiMties 91,326 78,666 Invostment Income Bank interest receivable 177 157 Other Income other income 7,906 7,480 Totsl income 99.409 86.303 Expenditure Expenditure on charltablo actlvitles Wages and salaries Pension costs Rent Room hire Paid for sen4ices IT. computer and office equlpment costs Insurance Services Transport Independent examiners fee Telephone Printing. postage and stationery Bank fees Transcription costs Volunteer expenses Website and marketing costs General expenses 45.544 2.328 27,867 4,667 293 26,900 8,263 1,196 15,018 1,137 535 22,982 5,854 1.014 1.258 1,200 394 776 (69) 179 180 1.235 582 576 1.424 690 764 85,300 89,481 Totsl expgn<rrture 85.300 89,481 Not incomell•xponditurn) 14.109 (3.178) 18
Sandwell Visually Impaired CIO Notes to the Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Expondlturo on charitable aclivitios Actlye3 undertaken direGty Direct charitsble activity - dgesa1arieS Direct charitsble actity- pension costs Direct charitable actiMty- rent Direct charitable activity- room hire Direct charitable actiMty- paid for serbice5 Direct charitable actiifjty- IT, Computer and office equipmenl Direct charytable actiwty- insurance Direct charitable activÉty- ser4ices Direct charitable activity- transport Direct charytable activity- telephone Direct charitable actÉvity- printing, postage and stationery Direct charitable actsvty- bank fees Direct charitable aCtIty - transcription costs Direct Gharitable activty- volunteer expenses Direct charitsble acbvity- website and maeting costs Direct charitable actI)ty- general expenses 45,544 2,328 27,867 496 4,667 293 26.900 8,263 1,196 15,016 1,137 179 535 22,982 5.854 1,014 1,258 394 776 69 468 1.424 690 764 180 1,235 582 576 84,100 89,481 Governance costs Governance costs- independt examiners fee 1,200 EYndIre on charitabh actlvltios 85,300 89.481 19
Sandwell Vlsualty Impaired CIO Notes to the Detailed Statement of Financial Activities Year ended 31 March 2025 Note 13 continued Unrestrictsd funds 8gknc• 31118r2024 Out9olng rBBourc8s 1£) Bth¢e at J1 Mar2025 GenerdlluThJs An1x1 Forum Eye healh Prom bval ImrthnentT Cmunty Invohernent Fwvj IT Tech Exll strate9y 2.656 1,238 611 1.340 272 611 81 17 32TrJ 1,376 Funer4 donatx)n5 CENTRO Tran6crVkn arkdng 241 3.154 1.023 414 cass throe path ch M8ns ryoup Equi)mont FuThJ IEyas Fur¥J 7['S grDUP 414 1341 187 121 75 376 1937 Transcrtsn S¢rvKe Ffftl 378 Totl 20
Sandwell WUallY Impaired CIO Notes to the Detailed Statement of Financial Actlvttles Year ended 31 March 2025 Note 13 continued Restricted funds 8oknM•t 31 r TTansrortfvr¥J tpie at Core frjnd H4)LEng 58rvow trÈe of bJhL8 Youro F4rsffi's Harry Payne TFA¥I 516 12.933 11n S87 1216 Bknk Ctyjntry Trs- Poa5t F 1&993 12,138 I2) SMBC- MH & W&Fpyt 8MBC- D¥ta F¢md TUTRFIOFFICffi. TwroTnJ8t- 11,878 1861 IOMT 11,0 1216 MECLOWEFU rotal 51gnaturw. EmaiL' tony@sandwellvisuallyimpaired.or&uk 21