REGISTERED COMPANY NUMBER: CE013684 (England and Wales) REGISTERED CHARITY NUMBER: 1177770
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
FOR
EYEHOPE
Acumen Accountants and Advisors Limited Bankhead Drive City South Office Park Portlethen Aberdeenshire AB12 4XX
EYEHOPE
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 30 June 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
EYEHOPE
REPORT OF THE TRUSTEES for the Year Ended 30 June 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 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 objective of the charity is to encourage and support further applications for research projects and training courses from the Eyehope list of recognised volunteers.
The trustees must apply the income of the Charity in furthering the following objectives: To relieve sickness and protect and preserve good health in people suffering from eye disorders; To promote, for the public benefit, research into eye disease and its treatment and to publish the useful results thereof; and To advance education on the subject of eye disease.
Public benefit
In planning the charities activities during the year, all of the trustees kept in mind the Charity Commission guidance on public benefit.
The professional training meetings held during the year and the research projects conducted are to fulfil the charitable purposes as detailed above.
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EYEHOPE
REPORT OF THE TRUSTEES for the Year Ended 30 June 2024
ACHIEVEMENT AND PERFORMANCE Charitable activities PROFESSIONAL SCIENTIFIC MEETINGS:
Trends in Ophthalmology 7th & 8th March 2024:
The meeting in 2024, its 49th year, a face-to-face meeting was held at the prestigious Royal Society of Medicine. We are very grateful for the funding provided by our industry sponsors and delegates.
The meeting opened with the traditional Medical Eye Unit case presentations from St Thomas', with challenging diagnoses. Symposia during the two-day programme included Trends in Paediatric Ophthalmology, Anterior Segment, Strabismus Management, Medical Retina, and Cataract Surgery, chaired by Consultants from Guys and St Thomas'. Presentations included talks on microbial keratitis treatments, retinopathy of prematurity, and a very popular addition in the Medical Retina section was a debate: three controversial topics were chosen and speakers "for" and "against" each motion ensured lively discussion and audience participation. The ever-popular Cases of the Year session was chaired by Mrs Susana Morley, Chair of Trends, and delegates enjoyed the weird and the wonderful.
The Kitty Heatley Memorial Lecture 2024 was presented by Mr. Jack Dun Fu on his work on using artificial intelligence to determine areas of geographic atrophy in clinical trial data, and he showed the future of clinical trials and discussed the issues of choice of end-points very eloquently. The Trends meeting concluded on the Thursday with the biennial Michael Sanders Medal Lecture, this year from Prof Omar Mahroo, who presented a "IRD management in 2024 and beyond" lecture with his trademark combination of wit and wisdom. The Speakers Dinner was held in the RSM Atrium on the Thursday evening.
Income raised from Industry exhibition support was: £25,300. Income from Delegates was: £27,560.41. After expenditure the profit donated to Eyehope was an impressive: £10,797.64 which is the highest donation this event has ever raised.
RESEARCH:
Research Projects funded by Eye Hope 2022-202 3.
i) Santen for ongoing DNA storage and analysis of angle-closure glaucoma genetics
Miss Sancy Low
Dr. Low negotiated a grant of £7,000 (£700 to EyeHope general funds) towards storage and future analysis of her DNA collection of families with angle-closure glaucoma. The samples will be moved from UCL Institute of Opthalmology, possibly to collaborators' lab at St George's. (total received from Santen £14,000 with £1,400 donated to Eyehope general fund)
ii) Other Funding
No new substantive grants were awarded this year, but money was allocated towards student travel to conferences (£1000) and other general expenses.
While the unrestricted funds balance appears healthy (£36,882), the venue deposit for the 2024 Trends meeting was paid before this year's accounts and the 2024 venue deposit (£8,760 + £12,360) was paid after this year's accounts. Given the considerable costs (over £50,000) of putting on the Trends meeting, it is important to maintain a balance of funds to cover in the event of an unforeseen cancellation of the meeting.
PETO Foundation : Dr Samantha Mann reported that We have been fortunate to have had money donated towards research and education from the PETO foundation trust (£6900). This year some of the funds have gone to help produce an educational film about diabetic laser treatment and to help raise awareness of what the treatment is like for those living with type 1 or type 2 diabetes. We hope to use remaining funds for local research projects in diabetes and retinal conditions.
Recent previous funded projects have continued. The Lacrydiag ocular surface analyzer (2020/21) has been used for Professor O'Brart's study of dry eye after cataract surgery, and a randomised controlled trial of lubricating drops did not improve symptoms (manuscript in process of submission).
The laser flare meter (2020/21) is being used in several studies in the Glaucoma Research Unit and will be included in publications over the next few years.
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EYEHOPE
REPORT OF THE TRUSTEES for the Year Ended 30 June 2024
Dr Sui Wong completed her Mindfulness-Based Stress Reduction and Cognitive Behavioural Therapy (MBCT) 8-week intervention study (2021) and demonstrated improvements in psychological resilience and physical health including immune function and neural changes correlated with psychological wellbeing. The results of the study were presented at the American Neurological association Annual Meeting in October 2022 and selected as one of the "Abstracts of Distinction" and presented at a special interest group. This study was also selected for a platform presentation at the American Neuro-ophthalmology meeting in March 2023. A paper is in progress for peer-reviewed publication and the pilot study has led to a $200,000 grant for a formal study.
iii) Other Research Projects
Research projects led by Professor Tom Williamson:
Professor Williamson has been testing Gaming software to measure distortion. We have three programs developed at the University of Surrey, feature alignment, image warping and symmetry completion. These employ Unity software on a gaming computer to present the tests on a stereoscopic micro linear array screen. The intention is to measure and digitally correct the distortion experienced by patients with vitreoretinal conditions. The eye hope funds of £2319 were used to purchase the gaming computer.
THE ST THOMAS - MUHIMBILI VISION 2020 LINK :
Led by Mr. Moin Mohamed, Consultant Ophthalmologist, GSTT.
The St Thomas - Muhimbili VISION 2020 LINK has developed a program of exchange visits to Dar es Salaam, Tanzania which are funded by EyeHope. Unfortunately, the exchange program activities were suspended during the Covid pandemic and there have been no visits since 2019. However, Mr Moin Mohamed has maintained regular contact with the department in Dar-es-Salaam to develop future projects and the link has been maintaining contact via the School of Hygiene and Tropical Medicine, with educational workshops related to Diabetic Retinopathy screening and establishing a Retinoblastoma treatment network.
The link has continued to receive generous support from the Westminster School Choir and he has achieved the amended fund-raising goal of over £100,000 for purchase of a pattern scanning laser (with an indirect laser attachment) with local maintenance and a service support contract. It is planned to purchase the laser in 2024-5 and to transport it and train the clinicians at the Dar es Salaam clinic.
FUNDING FOR EDUCATIONAL PROJECTS 2023-2 4:
i) The Catherine Heatley Memorial Fund
This has been set-up by Prof. John Marshall in memory of a young Doctor from St. Thomas' who sadly passed away from leukaemia. The medal is to encourage research projects by trainee Doctors and, with donations from the Heatley family, Eyehope and Prof Marshall funds a bronze medal in Catherine's memory and a £500 research prize for the presenter. A selection panel consisting of Prof Marshall, Dr. Graham and Dr. Mallon selects the presentation giver/award winner based on submitted abstracts. The award in 2023 was given to Dr. Paul Nderitu.
ii) Simulation Devices
Previous purchases of the laser simulation model and Eyesi cataract/vitreoretinal virtual reality ophthalmic surgery simulator supported by EyeHope continue to be used to train postgraduate ophthalmology trainees at St Thomas' Hospital and in the South London training programme. There are ongoing costs which are being met through Eyehope and local training budgets.
iii) Educational Training: Laser Course
The laser course was held in November 2022 - it was a one-day course attended by 26 delegates. Plans are under way for a 2025 course. There are also plans to support a recommencement of the "VR in a Day" course.
FINANCIAL REVIEW
Reserves policy
The charities unrestricted reserves at the end of this reporting period stood at £67,067 (2023 - £24,699).
The charities restricted reserves at the end of this reporting period stood at £138,442 (2023 - £154,115).
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EYEHOPE
REPORT OF THE TRUSTEES for the Year Ended 30 June 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an incorporated charity.
Eyehope was formed and is administered under the terms of the Declaration of Trust Deed dated 3 April 2018.
The charity applied to change it's name from Eye Hope to Eyehope and this was approved by the Charity Commission on 17 July 2021.
Recruitment and appointment of new trustees
The Trustees were appointed when the charity Eye Hope was entered in the Central Register of Charities with effect from 29 June 2007. Dr Elizabeth Graham and Mr Tom Williamson have both stepped down from their role with the charity. Mrs Samantha Mann was appointed as a Trustee in January 2010 and as Director in June 2012. She held the office for 6 years. In June 2018 Professor David O'Brart took over as chair of Trustees, Mrs Samantha Mann was retained as a Trustee, Mr Luis Amaya stepped down as a Trustee in January 2017 and Professor Christopher Hammond and Mrs Adanna Obi were appointed from the consultant ophthalmology group at Guy's and St. Thomas' NHS Foundation Trust (GSTT) as Trustees. In December 2022 Professor David O'Brart stepped down as chair of Trustees and Professor Christopher Hammond took over as chair and Professor O'Brart was retained as a trustee.
Related parties
The trustees did not receive any remuneration or expenses during the year.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE013684 (England and Wales)
Registered Charity number
1177770
Registered office
Eyehope, Ophthalmology Department Ground Floor, South Wing, St Thomas' Hospital, Lambeth Palace Road London SE1 7EH
Trustees
Mrs S Mann Professor D P S O'Brart Miss A Obi Professor C Hammond
Independent Examiner
Mrs Alison Brown Acumen Accountants and Advisors Limited Bankhead Drive City South Office Park Portlethen Aberdeenshire AB12 4XX
14th January 2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..................................................................................... Professor C Hammond - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EYEHOPE
Independent examiner's report to the trustees of Eyehope ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Mrs Alison Brown The Association of Chartered Certified Accountants
Acumen Accountants and Advisors Limited Bankhead Drive City South Office Park Portlethen Aberdeenshire AB12 4XX
Date: .............................................
Page 5
EYEHOPE
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 June 2024
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 5,823 17,198 Other trading activities 2 53,460 - Total 59,283 17,198 EXPENDITURE ON Charitable activities Provision of medical services 43,568 2,625 Governance costs 3,593 - Total 47,161 2,625 NET INCOME 12,122 14,573 Transfers between funds 7 30,246 (30,246) Net movement in funds 42,368 (15,673) RECONCILIATION OF FUNDS Total funds brought forward 24,699 154,115 TOTAL FUNDS CARRIED FORWARD 67,067 138,442 |
2024 Total funds £ 23,021 53,460 76,481 46,193 3,593 49,786 26,695 - 26,695 178,814 205,509 |
2023 Total funds £ 55,210 48,058 |
|---|---|---|
| 103,268 | ||
| 44,041 2,869 |
||
| 46,910 | ||
| 56,358 - |
||
| 56,358 122,456 |
||
| 178,814 |
The notes form part of these financial statements
Page 6
EYEHOPE
BALANCE SHEET 30 June 2024
| Unrestricted Restricted fund funds Notes £ £ CURRENT ASSETS Debtors 5 21,120 - Cash at bank 48,851 138,442 69,971 138,442 CREDITORS Amounts falling due within one year 6 (2,904) - NET CURRENT ASSETS 67,067 138,442 TOTAL ASSETS LESS CURRENT LIABILITIES 67,067 138,442 NET ASSETS 67,067 138,442 FUNDS 7 Unrestricted funds Restricted funds TOTAL FUNDS |
2024 Total funds £ 21,120 187,293 208,413 (2,904) 205,509 205,509 205,509 67,067 138,442 205,509 |
2023 Total funds £ 305 181,586 |
|---|---|---|
| 181,891 (3,077) |
||
| 178,814 | ||
| 178,814 | ||
| 178,814 | ||
| 24,699 154,115 |
||
| 178,814 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. 14th January 2025 and were signed on its
behalf by:
.............................................
C Hammond - Trustee
The notes form part of these financial statements
Page 7
EYEHOPE
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 30 June 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
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 corporation 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.
Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include bank balances, are measured at transaction price including transaction costs. Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade creditors, are recognised at transaction price.
Financial liabilities are derecognised when the company's contractual obligations are discharged.
2.
OTHER TRADING ACTIVITIES
| Conference delegates Conference exhibitors Laser Course |
2024 £ 28,160 25,300 - 53,460 |
2023 £ 22,044 18,400 7,614 |
|---|---|---|
| 48,058 |
continued...
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EYEHOPE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2024
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
4.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 8,198 47,012 Other trading activities 48,058 - Total 56,256 47,012 EXPENDITURE ON Charitable activities Provision of medical services 43,766 275 Governance costs 2,869 - Total 46,635 275 NET INCOME 9,621 46,737 RECONCILIATION OF FUNDS Total funds brought forward 15,078 107,378 TOTAL FUNDS CARRIED FORWARD 24,699 154,115 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Prepayments and accrued income 21,120 |
Total funds £ 55,210 48,058 |
|---|---|
| 103,268 | |
| 44,041 2,869 |
|
| 46,910 | |
| 56,358 122,456 |
|
| 178,814 | |
| 2023 £ 305 |
Prepayments and accrued income
continued...
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EYEHOPE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2024
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| Trade creditors Accrued expenses |
2024 £ - 2,904 2,904 |
2023 £ 305 2,772 |
| 3,077 |
7. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Fight for Sight Eye Research Muhimbili Link Hoy Mem Fund David O'Brart Projects Tom Williamson Projects Sancy Low (Santen) PETO Foundation Eyebank TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Muhimbili Link Tom Williamson Projects Sancy Low (Santen) PETO Foundation Eyebank TOTAL FUNDS |
Net Transfers movement between At At 1.7.23 in funds funds 30.6.24 £ £ £ £ 24,699 12,122 30,246 67,067 29,898 - (29,898) - 113,406 4,997 - 118,403 325 - (325) - 23 - (23) - 438 2,680 - 3,118 6,300 6,300 - 12,600 3,725 (305) - 3,420 - 901 - 901 154,115 14,573 (30,246) 138,442 178,814 26,695 - 205,509 Incoming Resources Movement resources expended in funds £ £ £ 59,283 (47,161) 12,122 4,997 - 4,997 5,000 (2,320) 2,680 6,300 - 6,300 - (305) (305) 901 - 901 17,198 (2,625) 14,573 76,481 (49,786) 26,695 |
At 30.6.24 £ 67,067 - 118,403 - - 3,118 12,600 3,420 901 |
At 30.6.24 £ 67,067 - 118,403 - - 3,118 12,600 3,420 901 |
|---|---|---|---|
| 138,442 | |||
| 205,509 | |||
| 14,573 | |||
| 26,695 |
continued...
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EYEHOPE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2024
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Fight for Sight Eye Research Muhimbili Link Hoy Mem Fund David O'Brart Projects Tom Williamson Projects Sancy Low (Santen) PETO Foundation TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Muhimbili Link Sancy Low (Santen) PETO Foundation TOTAL FUNDS |
Net movement At At 1.7.22 in funds 30.6.23 £ £ £ 15,078 9,621 24,699 29,898 - 29,898 76,694 36,712 113,406 325 - 325 23 - 23 438 - 438 - 6,300 6,300 - 3,725 3,725 107,378 46,737 154,115 122,456 56,358 178,814 Incoming Resources Movement resources expended in funds £ £ £ 56,256 (46,635) 9,621 36,712 - 36,712 6,300 - 6,300 4,000 (275) 3,725 47,012 (275) 46,737 103,268 (46,910) 56,358 |
At 30.6.23 £ 24,699 29,898 113,406 325 23 438 6,300 3,725 |
|---|---|---|
| 154,115 | ||
| 178,814 | ||
| 46,737 | ||
| 56,358 |
continued...
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EYEHOPE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2024
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Fight for Sight Eye Research Muhimbili Link Hoy Mem Fund David O'Brart Projects Tom Williamson Projects Sancy Low (Santen) PETO Foundation Eyebank TOTAL FUNDS |
Net movement At 1.7.22 in funds £ £ 15,078 21,743 29,898 - 76,694 41,709 325 - 23 - 438 2,680 - 12,600 - 3,420 - 901 107,378 61,310 122,456 83,053 |
Transfers between funds £ 30,246 (29,898) - (325) (23) - - - - (30,246) - |
At 30.6.24 £ 67,067 - 118,403 - - 3,118 12,600 3,420 901 |
|---|---|---|---|
| 138,442 | |||
| 205,509 |
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 | 115,539 | (93,796) | 21,743 |
| Restricted funds | |||
| Muhimbili Link | 41,709 | - | 41,709 |
| Tom Williamson Projects | 5,000 | (2,320) | 2,680 |
| Sancy Low (Santen) | 12,600 | - | 12,600 |
| PETO Foundation | 4,000 | (580) | 3,420 |
| Eyebank | 901 | - | 901 |
| 64,210 | (2,900) | 61,310 | |
| TOTAL FUNDS | 179,749 | (96,696) | 83,053 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2024.
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EYEHOPE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 June 2024
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 June 2024 |
||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 23,021 | 55,210 |
| Other trading activities | ||
| Conference delegates | 28,160 | 22,044 |
| Conference exhibitors | 25,300 | 18,400 |
| Laser Course | - | 7,614 |
| 53,460 | 48,058 | |
| Total incoming resources | 76,481 | 103,268 |
| EXPENDITURE | ||
| Charitable activities | ||
| Event costs | 42,464 | 41,034 |
| Administrative costs | 1,104 | 675 |
| Publication costs | - | 907 |
| Travel | 305 | 275 |
| Training and consultancy | - | 150 |
| Student conference costs | - | 1,000 |
| Computer expenses | 43 | - |
| Bank & Paypal fees | 71 | - |
| Sundry expenses | 165 | - |
| Donations | 2,320 | - |
| 46,472 | 44,041 | |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 3,314 | 2,869 |
| Total resources expended | 49,786 | 46,910 |
| Net income | 26,695 | 56,358 |
This page does not form part of the statutory financial statements
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