DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 CHARITY REGISTRATION NUMBER: 1183608 Suffolk Sight Unaudited independently examined accounts 31 March 2025
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Financial statements Year ended 31 March 2025 Page Trustees. annual report Independent examiner's report lo the Iruslees 11 Stslemenl of financial activities 12 Balance sheet 13 Stslemenl of cash flows 14 Notes to the financial statements 15
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report Year ended 31 March 2025 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in notes lo the accounts and comply with the charity's goveming document, the Charities Act 2011 and 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 published in October 2019. Reference and administrative details Registered charity name Suffolk Sight Charity registration number 1183608 Principal office 19 Tower Street Ipswich IP1 1BE The trustees The trustees who served during the year and al the date of approval were as follows.. G Staff Ichairl S Hodgkiss IVi¢e Chairl C Allum" N Broadbent G Chambers, S Giddings (Appointed 12112120241 R Hanspal A Kelly. M Peak. S Walker. G Watts" 'visually impaired Chief executive officer S O'Donoghue Memberservlces manager A Eaves Flnance manager A Sibun
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ Investment managers CCLA 1 Angel Lane London EC4R 3AB Independent examiner A Robinson FCA Lovewell Blake LLP Chartered accountsnls First Floor Suite 2 Hillside Business Park Bury Sl Edmunds IP32 7EA
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Objectives and activities Pollcles and oblectlves Suffolk Sight's principal objective is lo provide support, welfare setvices and social activities enabling those experiencing sight loss in Suffolk to continue living indepèndent and fulfilling lives within their home community wherever practical. The overarching objective of Suffolk Sight is lo relieve the needs of people who are visually impaired across Suffolk for the public benefit by providing the best support and care so that they can lead rich and fulfilling lives with the highest level of independence and by promoting ils objectives to ils memb&rs, beneficiaries and the wider communities in which il operates. The main aims and objectives of the Charity are.. To provide appropriate help, support, advice and access to daily living aids that contribute to improving the quality of life of blind and partially sighted people,. this includes a home-visiting service and telephone support where appropriate., this also includes a low-vision service Idemonstration and training on the Correct use of manual and electronic magnifiers) in client's homes, where they are not able to or choose not to access the facilities at the hospital eye dinics. Through the equipment and resource nIreS at Bunting Road and Tower Street, to offer a facility where clients can visit to evaluate a range of daily living aids, as well as to have access to a trained Technology Advisor themselves partially sighted - who can demonstrate a variety of IT products and offer training and technical support. To help people who use the Charity's services rnaintain choice and control over their lives. To raise awareness of the impact and benefits of CVI (Certificate of Visual Impairmenll registration for blind or partially-sighled people and to signposVsUPPOrt people lo register as appropriate. To provide appropriate support to ensuie the setvice users dignity and at all times respecting the choices service users make. To provide and facilitate monthly social meeting groups and other activity-based and recreational groups across our region. To raise awareness of eye health issues through education and involvement wth local communities. The Charity has al any time approximately 2,500 people in Suffolk on ils database who are living with sight loss and who wsh to benefit from ils setvices. The RNIB slatislics indicate that there are 31,900 people in Suffolk living wth sight loss of whom 3,390 are registered sight impaired or severely sight impaired. The number of people in the county living with sight loss is predicted to rise lo 39,600 by 20321+25QAI. Public benefit Within the parameters set by its constitution, Suffolk Sight provides public benefit by supporting people with a visual impairment in endeavouring to maintain independence and quality of life. In the exercise of its powers to that end, Suffolk Sight has paid due regard to the published guidan from the Charity Commission on the operation of the Public Benefit requirement under the Charities Act 2011.
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Achievements and performance Throughout the last twelve months, the demand for the Charills services remained al a high level. We continued lo develop and improve our services lo meet the needs of our beneficiaries and the constandy evolvin9 environment in which the Charity operates, wlh continual reference lo our Sustainability Plan. We are incredibly proud of the achievements we have made and the continued high level of service and support we have provided to our beneficiaries, thanks lo the dedication and hard work of our staff and volunteers. We continue lo strive lo help our beneficiaiies live independent lives, with reduced isolation and improved mental health and wellbeing. Main achievements ofthe Charity 1. At the end of the reporting period, there were 2550 registered beneficiaries on the Suffolk Sight datsbase. The average age of new registrations continues to increase, largely due lo continuously improved treatments. We are still finding that a lot of new registrants are suffering multiple disabilities and hen are being supported by several agencies. 2. New referrals into Suffolk Sight came from the Eye Clinic Liaison Officers IECLOS) at West Suffolk, Ipswich, James Paget and Addenbrookes hospitals, from Sensing Change, social prescribers, other charities and NHS departments, and directly from individuals or family members, either through recommendation, Suffolk Sight's widely distributed trifold information leaflets or via outreach events. 3. Suffolk Sight offers a service that is both holistic and person-cenlred. The primary activity was supporting visually-impaired beneficiaries through our team of eight Community Workers resolving their needs by combination of home visits and telephone support, offering advice, providing solutions and making referrals lo third parties where appropriate. Although we are generally only called upon 10 Serve something like 200/0 of our members al any one point in time, we endeavour lo contact all of our members al least once a year lo see If their circumstances have changed and to check if they require any support. A proportion of our services Continued lo be offered remotely, with face-tTrface support being given where appropriate. We continued to use a telephone triage system lo help manage demand. 4. Our Community Workers continued to use their magnification training lo both demonslrale and arrange purchase of simple and ele¢lronic hand-held magnifiers. This is an extremely valuable service particularly for those living without easy access lo Low Vision clinics at the hospitals. Wherever possible they demonslraled a core sel of daily living aids and provided catalogues and help where necessary to make sure that our beneficiaries could purchase from a large range of other daily living aids. During the year, we provided or helped with the a¢quisilion of over 1.000 items of daily living aids for our beneficiaries and. where they were financially disadvantaged. we were able to assist in the purchase of small items by applying for appropriate grants or, where this was not applicable, via a fLJnd kindly donated to Suffolk Sight by a number of charitable trusts and donors. For this, we and the beneficiaries concerned are very appreciative. 5. Suffolk Sight continued to assist its beneficiaries with applications for welfare benefits where appropriate, most commonly Attendance Allowance or Personal Independence Payment IPIPI. We also helped with applications for concessions, such as Blue Badges and bus passes. 6. Suffolk Sight has two trained Technology Advisors and a small number of volunteers who demonslraled a range of IT assistive technology products as well as providing training and technical support for memberfs own IT equipment. This support was provided remotely, at the resource cenlres and outreach events, or In the beneficiary's home. 7. We continued to offer our befriending scheme, which saw increased demand throughout the year, with many people experiencing feelings of social isolation. The service was delivered by a mixture of telephone and face-to-face visits. Our Befriending C&ordinalor worked with other organisations offering similar services to c¢>ordinate resources and manage keep wailing times to a minimum. 8. The telephone ¢ounselling. a permanent. exlernally-funded service, continued lo be in demand. as we helped benefi'ciaries struggling to come to terms with their sight loss and its impact on their lives.
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 9. We provided a hICe-yeaY infomiative newsletter that went out to all of our members either in large print, on CDS, USB Sticks or via email. These newsletters contained a wide range of helpful information and guidan for our members. 10. Across Suffolk we had sixteen social groups, including a children's group, meeting al least once a month for those of our members who are able lo attend. These offered professional advice and peer-lo-peer 5UPPOrt in a good social setting, usually involving food and drink and, more often than not, some activity or entertainment. Occasionally there was an outing and al Christmas lime a special celebratory meal or party. 11. Several of our social groups tsffed, directly or in conjunction with other local organisers, a range of activity groups for our members lo participate in. These included Blind Bowls, Blind Shooting, New Age Curfing, rambles, sailing, arts and crafts, and Boccia. 12. At a lime when Charities are finding it increasingly difficult lo recruit volunteers, we explored new ways lo reach and attract people and conty'nued lo have a steady flow of new volunteers joining the team and helping us lo deliver our services. 13. We collaborated with a number of other charities, such as Cohere Arts and the Warden Trust to apply for funding and to share resources in order to deliver events for our clubs. We also fomied good relationships with organisations such as Ipswich Town FC and Game Day Vision to further increase the opportunities available lo our beneficiaries. 14. As part of our drive to take more of our services to our beneficiaries in their own communities, we started holding popup advice and equipment sessions in Lowesloft, Haverhill and Newmarket. 15. Our Equipment Day in Lowesloft was a great success and was very well attended, with people able lo re1ve information and advice from supplier5 of assistive technology and daily living aids, a5 well as oursèlves and other charities and agencies. 16. We set up a monthly lelephone-based Charles Bonet support group for beneficiaries lo access information and peer-1peer support in a safe environment. 17. We provided referrals lo the RNIB for any of our memb&rs who required help getting back into or stsying in employment. 18. We encouraged all of our members to receive talking newspapers and magazines from both local and national charities offering this servi. In addition. we helped members get access to talking books either through the RNIB or through a charity called Calibre. 19. We acted as agents for a charity called British Wireless for the Blind IBWFBI who provide radios and radiolCDIUSB stick players as well as internel-based radios. These are offered lo members who meet the light criteria sel by BWBF. Management and stafflng Suffolk Sight employed eighteen part-time stsff. The day-to-day operations of the Charity were the responsibility of the senior stsff team, consisting of the Chief Executive, Services Manager and Finance Manager, supported by the Adminislralor. The Charity also employed eight Community Workers, a Befriending Co-ordinator. two Technology Advisors, a Low Vision Specialist, a Social Club and Volunteer Co-ordinator and a Communications and Engagement Officer.
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Volunteers Volunteers continued to be an essential part of Suffolk Sighrs overall operation throughout the year. The Charity was fortunate lo be able to call upon over 200 volunteers across Suffolk to cover a wide range of duties. Volunteers supported a number of our services and provided a wide range of practical help including adminislralion support, befriending, outreach events, and running monthly social and activity groups including outings and transport. Flnanclal revlgw Totsl income for the year ended 31 March 2025 amounted lo £156,232, representing a 300/0 increase from the previous yearfs lolal of £119,953. The year's improved income position was due lo a rise in reslricled grant income, the receipt of a legacy, an increase in donations in kind and higher bank interest earned on cash reserves. Voluntsry funds are raised through three types of fundraising activity.. ¢ommunity fundraising and events which accounted for of our income Dverall in year, individual giving and legacies which accounted for 28Q/o Ilegacies comprising 120/0) and trusts and corporate support which accounted for 119. The non- financial contribution gained from our fundraising is immeasurable but is helping us build community engagement and support. We were fortunate during the year lo re1ve donations in kind to the value of £2,500. The balance of income was mel from investment dividends, bank interest and rental income and sales of equipment at cost and contributed 35°A lo our total income receipts and our social clubs accounted for 210A. Totsl expenditure increased by £91,290 10 £465,967 this year. Our charitable expenditure came lo £418,07412024 £358,287) of which. 600h covers on&lo-one services provided by our Community Workers, Assist Technical Advisors, Low Vision Assessments and Emotional Support counselling. 360/0 SUPPOrts our engagement with our volunteer befrienders. volunteers and our 16 regional social groups, group activities and the wider community. 49 covered govemance activities and the implementation of a new database. Our fundraising costs, mainly legal fees related to property transactions from the administration of residuary legacies, were £47,893, compared to £16,390 in 2024. During the year, the charity completed the sale of five parcels of land in Baylham. The transaction realised a gain of £271,000 above ils nominal value, conlribuling significantly to the overall financial perf0rrnan. Our nel realised gain for the year was reduced lo £252,997 by the fall in market value of our investments at the end of March. The nel position means we are reporting a planned operating deficit of £56,73812024 a deficit of £198,995) which has been mel by an agreed drawdown of reserves of the same amount. The year-end funds of the charity total £1,499,011 12024.. £1,555,749). The unrestricted fund balance was £1,340,961 12024.. £1,383,625) of which £85,139 12024.. £75.5531 comprises the balances held by our social club funds. The reslricled fund balan was £158,05012024'. £172,124). After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Reserves policy Suffolk Sight's strategy and suslainabilily plan has been implemented and the Trustees have set a reserves policy for the forthcoming year. The Trustees have given due consideration to the external environment and the perforrllance of current operations and have set a policy which requires that reserves be maintained at level lo ensure continuity of Suffolk Sight's core aclivilies, and which recognises that the principal source of funding is from legacies, which by their very nature are unpredictable. The Trustees aim lo maintain free reserves in unreslri¢ted accessible funds al a level which equates lo a minimum of twelve months and a maximum of 18 months of unrestrictèd charitable expenditure and ensures that there are sufficient resources". To enable Suffolk Sight lo continue to deliver ils core activities in the event of a shortfall in voluntsry and other income streams To meet short temi cashflow requirements To provide funds lo protect Suffolk Sight against unforeseen adverse circumstsnces Designated reserves of £70,000 have been set aside by the Trustees in order to build the capacity of the organisation and invest in our future sustainability and resilience. The Trustees hold these reserves in a ready realisable form i.e. that can be easily converted into cash. This policy is reviewed annually and levels of reserves are monitored and reviewed as part of the management accounts every two months. This gives the Trustees sufficient time lo adjust to changing financial circumstances and lo manage the levels of our liquid reserves. To meet the largel reserves level Suffolk Sight disposed of the ownership of the land al Baylham during the year. Thi5 has increased accessible reserves held al 31 sl March 2025 10 £592,271 which equates to 17 months of Charitable expènditure based on current costs. This figure excludes the balances held by our regional clubs. Investments policy In accordan with the charity's conslitulion, the Trustees have the power lo invest in such stocks, shares and investments as they see fil. The Trustees have delegated oversight of Suffolk Sight's investment assets lo the Finance Committee. The Finance Committee, which meets six times a year. report and make recommendations to the Trustees at Board meetings held every months. Suffolk Sight's investment strategy is to generate a consistent and sustainable return, within an acceptable level of risk, to part fund annual expenditure and to deliver the investment objectives, which are in tum aligned with Suffolk Sight's short-, medium- and long-term strategic objectives. Suffolk Sight has been the recipient of the Baylham Trust which held land and a house in trust and was administered by Iruslees that had no link to Suffolk Sight and operated completely independenuy under the terms of the benefactorfs last will and leslamenl. The freehold for the house was transferred lo Suffolk Sight on 29th March 2022 and the freehold to the land was transferred on 11th August 2022. The house was sold during the financial year 2022 and 2023 for £250,000. The land was recognised al al the fair market value of £395,000 and wa5 sold in 5 lols during the year achieving £666,000 before legal and surveyor costs. Al the year-end £476,62912024 £644,6321 was held within four COIF Charities Funds (Common Investment Funds) which are administered by CCLA Ichurches, Charities and Local Aulhoriliesl and £415,000 was held in three freehold rental properbes in Ipswich.
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Plans for future periods One of Suffolk Sight's key strengths IS the ability to adapt quickly lo changes in our environment and different ways of working whilst maintaining our provision of support lo people across the county. In the future, we wll ensure that our servi5 continue lo respond and develop in the most appropriate and safe way. In particular, we will.. Continue lo provide, develop and enhance the current range of core services and a¢tivilies, based on the evolving needs of our beneficiaries. Build capacity lo ensure that we can deliver our services across the entire county. Value and nurture lived experience and ensure that c&production is an inherent part of everything we do. Continue lo transform our service delivery model, bringing yel more of our support to our beneficiaries in their local communities. Build on our links with statutory and community Drganisations, aiming to ensure that the needs of people with sight loss in Suffolk are met most appropriately. Maintain land where possible, increase) the numbers of people we support. Improve our reach and engage with all communities in Suffolk. Continue lo explore innovation and best practice and further develop partnerships and collaborative working. Update our policies and proCedUS lo ensure they reflect legislation, best practice and our working arrangements. Increase and diversify membership of the Trustee Board. Invest in consolidats'ng and developing fundraising activities and improving our communications. Continue to invest in training and development of staff, trustees and volunteers.
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Structure, governance and management Constltutlon Suffolk Sight Is a Charitable Incorporated Organisalion and a charity registered In effect from 29 May 2019. Suffolk Sight's activities are governed by ils Conslilulion last amended and approved on 10 October 2024, which il sets out the nature and Iimilalions of the Charity's work with local blind and partially-sighled people. The management of the Charity is the spOnSIbl111Y of the Board of Trustees who are elected, appointed and co-opted under the terms of the Charity Commission Scheme. The current Board of Trustees and the changes which have occurred since the previous annual report are as stated in the reference and administration details of these accounts. Recruitment and induction of Trustees New trustees are currently appointed at the Annual General Meeting or at any point in the year by the decision of the Trustee Board. Induction is carried out by the Chair and Chief Executive. A range of resources are used to provide information about Suffolk Sight and the roles and responsibilities of its Iruslees. It is considered appropriate that a proportion of the Iruslees should be service users and currenly five of the trustees have a visual impairment. Organlsatlonal structure and declslon-maklng pollcles Suffolk Sight has a paid staff team to oversee provision of all setvices together with sixteen volunteer-run Clubs that are all self-financing and run local social and activity groups for membèrs of Suffolk Sight within their geographical areas. The majority of these clubs operate their own bank accounts," however, they operate and report wthin the registered Charity and also operate under the Charity's single insurance policy. Suffolk Sight's strategic direction is set by ils Board of Trustees which meets six limes per year. Implemenlalion of the strategy and management of the organisation is the responsibility of the part-lime Chief Executive who is also responsible for the organisalion's supporting infrastructure. assisted by a part- lime Services Manager, part-time Adminislralor and part-lime Finance Manager. The other fronuine members of staff are involved directly in the delivery of setvi¢es lo beneficiaries. The Chair. Vice Chair and Chief Executive meet regularly to share information and consider important issues arising beeen board meetings. The Chief Executive holds a team meeting of all the paid staff every month lo deal with operational matters. Pay policy for key management personnel The Board of Trustees and the senior staff team Ithe Chief Executive, Services Manager and Finance Manager) comprise the key management personnel of the Charity, in charge of directing and controlling ils day-to-day operations. The remuneration of the senior staff team is reviewed annually and all changes approved by the Trustees. Salary increases consider both inflation rates and affordability and comparison of Salaries wlhin the sector. No trustees receive remuneration or other benefits from their work with the Charity.
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Trustees, annual report (continuedj Year ended 31 March 2025 Partnerships and collaborative working The Charity maintains close links with both national and other local charities within the sighl-loss sector. It is an active mernber of Visionary, which Is a national body that supports local voluntsry sighl-loss charities. 11 also has a close working relationship wth Sensing Change Ilhe sensory team for Suffolk County Council Social Services) and the four NHS Hospital Eye Clinics serving the population of Suffolk. The Charity administers distribution of radios on behalf of the British Wireless for the Blind Fund and helps beneficiaries lo access local and national taking newspapers, as well as tslking book service5. Other relevant charities, including Blind Veterans UK, The Macular Society and the RNIB, are referred lo for provision of infoimalion and support for Suffolk Sight Clients within their remits. The Charity also recommends those who would benefit from a guide dog lo the Guide Dogs for the Blind Association. Related party relationships The Charity maintains a Register of Interests for all Trustees and senior management, which is reviewed annually. Information on all related party transactions is recorded and disclosed in the annual accounts. Risk management The Trustees have assessed the major risks to which the Charity is exposed, in particular those related lo the operations and finances of the Charity, and are satisfied that systems are in place to manage any exposure to identified major risks, which are subject to regular review. The Trustees have recognised as prime risk the need for on-going financial stability. Consequently, the operations team has continued lo address overheads and work closely with Suffolk Sight's commission-based extemal fund raiser. True and falr overrlde The financial stslemenls have been prepared to give a 'lrue and fair, view and have departed from the Charities IAccounls and Reports) Regulations 2008 only to the exlenl required to provide a 'true and fair view,. This departure has involved following the Accounting and Reporting by Charities." Stslemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities.. Slalement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Independent examiner reappointment A resolution to appoint A Robinson FCA of Lovewell Blake LLP as independent examiner will be proposed at the next relevant board meeting. The trustees, annual report was approved on Iruslees by.. 31912025 and signed on behalf of the board of G Staff (Chairi Trustee 10-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Independent examiner's report to the trustees of Suffolk Sight Year ended 31 March 2025 I report to the charity trustees on my examination of the financial statements of the charity for the year ended 31 March 2025 which comprise the statement of financial activities, balance sheet, statement of cash flows and the related notes. Responslbllltles and basls of report A5 the charity's ttuslees you are responsible for the prepar8ts.on of the financial ststemenls in accordance with the rèquirements of the Charities Ad 2011 I'lhe Acl'l. I report in respect of my examination of the charity's financial slalements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examinerfs 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.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord with those records,. or the financial statements do not comply with the applicable requirements conceming the form and content of accounts sel out In the Charitie5 (Accounts and Reports) Regulations 2008 other than any requiremènt that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. I have no concems and have Come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Your attention is drawn lo the fact that the Charity has prepared the acwunls Ifinan¢ial slalementsl in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accountin9 Practi effective for reporting periods beginning on or after 1 January 2015. A Robinson FCA Independent Examiner Lovewell Blake LLP Chartered accounlanls First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA 31912025 11
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Statement of financial activities Year ended 31 March 2025 2025 Restricted funds Total funds 2024 Unrestricted funds Total funds Note Income and endowments Donations and legacies Charitsble activities Other trading activitie5 Investment income Other income 20,764 28,661 4,079 48,443 3,452 23,506 20,668 3,184 3,475 44,270 49,329 7,263 51,918 3,452 30,859 30,672 7,352 50,230 840 Totsl Income 105,399 50,833 156,232 119,953 Expgndlturg Raising funds Costs of raising donations and legacies Charitsble activities 47,893 357,698 405,591 47,893 418,074 465,967 16,390 358,287 374,677 60.376 Total expenditure 60,376 Net expenditure and net movements in funds before gains and losses on investments 1300,1921 19,5431 1309,7351 1254,7241 Net gains on investments 257,528 14,5311 252,997 55,729 Net expendlture and net movement In funds 142,6641 114,0741 156,7381 1198,9951 Reconciliation of funds Total funds brought forward Total funds carried forwar(I 1,383,625 172,124 1.555,749 1,754,744 1,340,961 158.050 1,499,011 1,555,749 The ststement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 15 to 28 form part of these financial statements. 12-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Balance sheet 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets Investments 13 14 5,809 891,629 10,014 1,454,632 897,438 1,464,646 Current assets Stocks Debtors Cash at bank and in hand 15 16 1,655 24,746 610,439 5,133 21,507 99,753 636,840 126,393 Creditors.. Amounts falling due within one year 17 135,2671 135,2901 Net current assets 601,573 1,499.011 91,103 1,555,749 Total assets less current liabilities Net assets 1.499.011 1,555,749 Funds of the charity Restricted funds Unrestricted funds 158,050 1,340,961 172,124 1,383,625 Total Charity funds 19 1,499,011 1,555,749 These financial slalemenls were approved by the board of trustees and aulhorised for issue on 11912025 and are signed on half of the board by". G Staff (Chairl Trustee The notes on pages 15 to 28 form part of these financial statements. 13-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Statement of cash flows Year ended 31 March 2025 2025 2024 Cash flows from operating activities Nel expenditure 156,7381 1198,9951 Adjustments for. Depreciation of tangible fixed assets Nel gains on investments Dividends, Interest and rents from investments Other Interest receivable and similar income Accrued expenses 4,205 1252,9971 129,1001 122,8181 250 4,344 155,7291 117,9511 13,1451 2,788 Changes in.. Stocks Trade and other debtors Trade and other creditors 3,478 13.2391 12731 1357.2321 1,792 21.892 7,918 1237.0861 Cash generated from operations Interest received 22.818 3,145 Net Cash used in operating a¢livities 1334.4141 1233.9411 Cash flows from Investlng actlvltles Dividends, Interest and rents from investments Purchase of tangible assets Proceeds from sale of tangible assets Proceeds from sale of other investments 29,100 17,951 11,9161 64 212,042 1,087,000 Nel cash from investing aelivilies 1,116,100 228,141 Net increaselldecreasel in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 781,686 99.753 15.8001 105,553 99.753 881.439 The notes on pages 15 to 28 form part of these financial statements. 14-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements Year ended 31 March 2025 General infomiation Suffolk Sight, registered charity number 1183608, is a public benefit entity established in the UK as charitable Incorporated organisation governed by ils conslilulion dated 29th May 2019. Suffolk Sight is formed from the amalgamation of Wesl Suffolk Sight CIO and East Suffolk CIO and East Suffolk Association for the Blind CIO and became active on 1 sl April 2020. Suffolk Sight operates from ils offices in Slowmarkel and Ipswch and regionally throughout Suffolk. The Charity's principal office is 19 Tower Street, Ipswich, IP1 1 BE. statement of compliance The charity Constitutes a public benefit entity as defined by FRS 102. The financial slalements have been prepared in accordance with Accounting and Reporting by Charities. Stslemenl of Recommended Pra¢ti¢e applicable to Charities preparing their ac¢ounls in a¢¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdorn and Republic of Ireland IFRS 1021, the Charities Act 2011 and UK Generally Accepted Accounting Practice. Accounting policies Basls of preparatlon The financial slalements have been prepared on the historical cost basis, as modified by the revaluation of Certain financial assets and liabilities and investment properties measured at fair value through income or expènditure. The financial slalements are prepared in sterling, which is the functional currency of the entity. Going concern The accounts have been prepared on the going concern basis and the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected income and expenditure for the next 12 months from authorising these financial statements. The budgeted income and expenditure is sufficienl rith the level of reserves for the Charity to be able to continue as a going concern. Income tsx As a registered Charity, the activities are exempt from United Kingdom Income and Corporation taxation, provided that the income is applied lo charitable purposes. Fund accountlng Unrestricted funds are available for use al the discretion of the Trustees to further any of the Charity's purposes. Designated funds are unreslricled funds eamiarked by the Trustees for particular ftjlure project or committmenl. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the temis of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. 15-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Accounting policies (continued) Income All Income is included in the 5taleTnenl of financial activities when enlidemenl has passed to the Charity, il is probable that the economic benefits associated with the transaction will flow lo the Charity and the amount can bè reliably measured. The following specific policies are applied lo particular categories of income". income from donations or grants is recognised when there is evidence of enlitiemenl to the gift, receipt is probable and ils amount can be measured reliably. income from legacies is dependent on estsblishing enlitlemenl, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of enlillement to a legacy exists when the Charity has sufficient eviden that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured. income from donated goods is measured at the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost to the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. other income is accounted for when receivable. Expendlturg Expenditure 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 the stslemenl of financial activities to which it relates.. expenditure on raising funds includes the Costs of all fundraising aclivilies, events, legacy administration. non<haritable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a Charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support Costs and costs relating to the governan of the Charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the Charity nor part of its expenditure on charitable activities. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable lo a singlè activity are allocated directly lo that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consislenl basis. 16-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Accounting policies (continued) Tanglble assets Tangible fixed assets costing £500 or more are capilalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible assets are initially recorded at cost, and subsequently stsled al cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded al the fair value al the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the slalement of financial a¢livilies. A decrease in the Carrying amount of an asset as a result 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 recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as lo write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Office Equipment 200A slraighl line Inv9$tmgnts Listed investments are measured al fair value wth changes in fair value being recognised in the statement of financial a¢livilies. Underlying management fees for the common investment funds have been incurred and have been charged to those funds. Investsnent property Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in the statement of financial activities. Stocks Stocks are measured at the lower of cost and eslimaled selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other eosls Incurred in bringing the stock to its present location and condition. Pension contributions Contributions lo defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset lo the extent that the prepayment will lead lo a reduction in future payments or a cash refund. 17-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Accounting policies (continued) Flnanclal Instruments A financial asset or a financial liability is recognised only when the entity becomes a party lo the contractual provisions of the inslrumenl. Basic financial instruments are initially recognised al the amount receivable or payable including any related transaction costs, unless the arrangement ¢onslitules a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequenuy measured at the cash or other consideration expected lo be paid or received and not discounted. Debt instruments are subsequently measured al amortised cost. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2025 Donatlons Donations Gift aid 13,569 2,707 8,841 22,410 2,707 Legaclo$ Legacies 4,488 20,764 14,665 23,506 19,153 44,270 Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations Gift aid 21,546 2,547 1,426 22,972 2,547 Legacles Legacies 5,340 5,340 29,433 1,426 30,859 Charitabla activitlgs Unrestricted Funds Restricted Total Funds Funds 2025 Grants Social Club Other charitable income 8.000 19.360 1.301 7.985 12.683 15.985 32.043 1.301 28.661 20.668 49,329 18-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Charitable activities (continu8dJ Unrestricted Funds Restricted Total Funds Funds 2024 Grants Social Club Other charitable income 10,313 10,313 18,239 2,120 18,239 2,120 20,359 10,313 30,672 Other trading activities Unrestricted Funds Restricted Totsl Funds Funds 2025 Community fundraising External fundraising 4,064 2,892 292 6,956 307 4,079 3,184 7,263 Unrestricted Funds Restricted Totsl Funds Funds 2024 Community fundraising External fundraising 7,345 7,352 7,345 7,352 Investment income Unrestricted Funds Restricted Total Funds Funds 2025 Rental income from investment properties Investment income 29,100 19,343 29,100 22,818 3,475 48,443 3,475 51,918 Unrestrided Funds Restricted Totsl Funds Funds 2024 Rentsl income from investment properties Investment income 29,134 17,326 46,460 29,134 21,096 50,230 3,770 3,770 Costs of raising donations and legacies Unrestricted Funds Restricted Total Funds Funds 2025 Stsff costs of raising voluntary income Fundraising costs 5,332 42,561 5,332 42,561 47,893 47,893 19-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Costs of raising donations and legacies (continued) Unrestricted Funds Restricted Total Funds Funds 2024 Stsff costs of raising voluntary income Fundraising costs 918 15,243 918 15,472 229 16,161 229 16,390 Expenditure on charitable activities Activities undertaken directly Support costs Total funds 2025 Totsl fund 2024 staff costs Depreciation Direct costs for service delivery Training Administration Communications Social club expenditure Accountancy fees and payroll Occupational costs Legal and professional Digital expenditure Governance costs 247,289 4,205 31,586 2,262 15,327 36,237 283,526 4,205 31,586 2,262 15,327 245,950 4,344 30,243 2,755 8,502 r]1 4,429 28,843 1,320 29,294 7,010 6,570 4,429 28,843 1,320 29,294 7,010 6,570 3,702 3,767 23,105 1,709 23,076 9,932 1,384 3,540 3,702 378,135 39,939 418,074 358,287 10. Independent examination fees 2025 2024 Fees payable to the independent examiner for.. Independent examination of the financial statements 3,702 3,540 -20-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 11. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries Social security costs Pension costs 269,391 11,900 7,567 232,776 7,728 6,364 288,858 246,868 The average head count of employees during the year was 1712024. 171- No employee received employee benefits of more than £60,000 during the year12024'. None). Kèy rnanagement personnel The key management personnel of the Charity comprise the CEO, Member Services Manager and Finance Manager. The total amount of employee benefits (including employer pension contributions) received in respect of key management personnel amounted £80,82512024'. £70,952). 12. Trustee remuneratlon and expenses Trustees were reimbursed expenses amounting lo £66012024". £2681 during the year. 13. Tangibl8 fixed assets Equipment Cost At 1 April 2024 and 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 21.766 11,752 4.205 15.957 Carrying amount At 31 March 2025 5,809 At 31 March 2024 10,014 21
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 14. Investments Listed investments Investment properties Total Cost or valuatlon At 1 April 2024 Additions Disposals Fair value movements 644,632 810,000 1,454,632 1150,0001 118,0031 476,629 1666,0001 271,000 1816,0001 252,997 At 31 March 2025 415,000 891,629 Impaimiont At 1 April 2024 and 31 Mah 2025 Carrying amount At 31 March 2025 476,629 415,000 891,629 At 31 March 2024 644,632 810,000 1,454,632 All investments shown above are held al valuation. Investsnent properties Properties held at the year end reflect valuatlon al 31 March 2021 made by the Trustees on the basis of informal advi from an independent registered chartered surveyor., the Trustees consider that there has been no material rnovernenl in their market value between then and 31 March 2025. Flnanclal assets held at falr value The company's investment properties are measured al fair value, based on an open market basis by the Trustees. 15. Stocks 2025 2024 Goods for resale 1,655 5,133 16. Debtors 2026 2024 Prepayments and accrued income Other debtors 2,373 22,373 1,313 20,194 21,507 24,746 -22-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 17. CreditOTS.' Amounts falling due within one year 2025 2024 Accruals and deferred income Social security and other taxes VIP Mixed Club Other creditors 3,713 5,456 3,463 4,552 11,506 15,769 26,098 35,267 35,290 18. Deferred income 2025 2024 At 1 April 2024 Amount released to income Amount deferred in year At 31 March 2025 3,463 13,4631 3,713 695 16951 3,463 3,713 3,463 Deferred income relates to rent in advance of the period lo which il relates and where relevant any conditional grant income received in the year on behalf of projects being completed in following years. -23-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 19. Analysis of charitable funds Year ended 31 March 2025 Restrfcted funds Expenditure and investment movement At 31 Mar 2025 Al 1 Apr 2024 Income Transfers Aids equipment and magnifier Community Worker Suffolk Sight Juniors Telephone Service Datsbase Technical Advisers Social Clubs Walker Estate 8,530 1,153 6,000 2,963 15,4141 4,269 6,000 1,508 1,713 14 3,012 1,157 2,500 823 1,854 154,248 14,4671 15,0881 14,9861 18231 15,8701 138,2591 164,9071 2,500 14,432 18,141 10,416 134,130 172,124 50,833 158,050 Deslgnated funds Insurance claim Additional team members Beccles & Bungay Woodbridge Halesworth & Southwold Lowesloft Felixslowe Sholley Stowmarkel Sudbury VIP Pakenham VIP Bury St Edmunds VIP Haverhill BAPS Mildenhall Brandon Hadleigh Optimists Ipswich 2,631 70,000 2,377 11,496 5,758 6,419 18,875 5,621 3,687 14,523 1,173 58 2,433 11,1591 1,472 70,000 1,785 9,659 5,224 7,110 16,682 6,327 4,445 17.105 941 1,724 2,636 250 186 1,533 9,532 825 1,549 855 3,690 1,304 2,935 1,806 200 521 2,159 2,648 337 11,4171 13,3861 11,3891 12,9991 13,4971 12,2291 11,0481 2,382 17531 18981 12,4651 11,9171 11,0411 11,2431 12,8141 125,8711 403 22 1,830 1,227 1,908 870 12,348 148,184 32,043 2,255 156,611 Unrestrl¢ted funds General funds 1,235,441 73,356 1122,1921 12,2551 1,184,350
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Year ended 31 March 2024 Restrlcted funds Expenditure and investment movement At 31 Mar 2024 Al 1 Apr 2023 Income Transfers Aids Equipment & Magnifier Community Support Suffolk Sight Juniors Telephone Service Outreach Datsbase Technical Advisers Social Clubs Walker Estate 10,698 1,356 5,242 2,120 281 2,236 14,4041 11,3561 13,8831 14,1201 12811 8,530 1,653 3,157 3,012 1,157 2,500 2,500 823 1.854 154.248 2,453 11,6301 13481 119,4241 135,4441 2,200 3,770 15,516 169,902 192,052 172,124 Deslgnatsd funds Insurance claim Organisalional capacity fund Beccles & Bungay Woodbridge Halesworth & Southwold Lowesloft Felixslowe Sholley Stowmarkel Sudbury VIP Pakenham VIP Bury Sl Edmunds VIP Haverhill BAPS Mildenhall Brandon Hadleigh Optimists Ipswich 3,224 15931 2,631 70,000 2,377 11,496 5,758 6,419 18,875 5,621 3,687 14,523 1,173 58 2,433 70,000 3,120 12,513 6,389 6,833 16,907 6,292 4,768 16,065 1,052 470 2,526 35 1,338 2,109 569 1,889 619 3,633 4,591 1,527 185 348 1,012 258 2,481 11,3121 12,9061 11,2501 14,0471 12,6231 12,1981 11,2661 11,8901 18911 16701 12,5741 1351 1,227 1,906 733 394 19361 13941 123,6981 83,641 18,239 70,000 148,184 Unrestrlcted funds General Funds 1,479,051 86,198 1304,2631 170,0001 1,235,441 -25-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Restricted fund purposes.. Aids & Equipment.. funds the provision of aids to members who are in need, assistive technology for our community workers and access technical advisers Low vision service Imagnifier". funds our low vision service Community Support". funds the salary and l or expenses of community workers and their support lo social clubs Community Worker.. funds the role of one of our community workers Suffolk Sight Juniors.. funds equipment, facilities, activities and salaries of those involved in running the club Telephone Service.. funds the provision of one-to-one telephone counselling offered to sight- impaired people Outreach.. funded the 2023 Equipment day Database.. funds the introduction of a new database Access Technical Advisers.. funds our access technical advice service Social Clubs". funds the activities of our social clubs Social Clubs - Mildenhall". funds the activities of our Mildenhall club Social Clubs - Ipswich VIP.. funds the activities of our Ipswich dub Walker Eslale.. funds our setvices in the Felixslowe area The following restricted funds have been completed, although the service they funded still continues and is funded by our general funds- Community Support.. funded the salary and l or expenses of community workers and their support lo social clubs Outreach.. funded the 2023 Equipment day Access Technical Advisers." funded our access technical advice service Designatsd fund purposes.. Insuran claim.. the Trustees have Created a designated fund lo carry forward income received from an insurance claim to cover the replacement of flood damaged equipment. Organisalional capacity fund.. the Trustees have created a designated fund to cover the salaries of additional team members so that Suffolk Sight services can be offered throughout the wunty. Beccles & Bungay.. the Trustees have designated these funds to support the activities of the Beccles & Bungay dub. Woodbridge.. the Trustees have designated these funds to support the activities of the Woodbridge club. -26-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 Halesworth & Southwold.. the Trustees have designated these funds to support the activities of the Halesworth & Southwold club. Lowestoft.. the Trustees have designated these funds to support the activities of the Lowesloft club. Felixslowe." the Trustees have designated these funds to support the activities of the Felixslowe club. Sholley.. the Trustees have designated these funds lo support the activities of the Sholley club. Slowmarkel.. the Trustees have designated these funds to support the activities of the Slowmarket club. Sudbury VIP.. the Trustees have designated these funds to support the activities of the Sudbury VIP club. Pakenham VIP.. the Trustees have designated these funds to support the activities of the Pakenham club. Bury Sl Edmunds VIP.. the Trustees have designated these funds to support the activities of the Bury Sl Edmunds VIP club. Haverhill BAPS." the Trustees have designated these funds to support the activities of the Havethill BAPS club. Mildenhall." the Trustees have designated these funds lo support the activities of the Mildenhall club. Brandon.. the Trustees have designated these funds to support the activities of the Brandon club. Hadleigh Oplimisls.. the Trustees have designated these funds to support the a¢tivilies of the Hadleigh Optimists club. Ipswich.. the Trustees have designated these funds to support the activities of the Ipswich club. -27-
DoGUSign Envelope ID". C4438BB3-94884930-A685-7E1A701620A6 Suffolk Sight Notes to the financial ststements (continued) Year ended 31 March 2025 20. Analysis of net assets between funds 31 March 2025 General Funds Restricted Funds Total Funds Tangible fixed assets Investments Current assets Current liabilities 5,809 757.499 612.920 134.6841 5,809 891,629 636,840 {34,6841 134,130 23,920 Net Assets 1.341.544 158,050 1,499,594 31 March 2024 General Funds Restricted Funds Total Funds Tangible fixed assets Investments Current asse15 Current liabilities 10,014 1,300,384 108,516 135,2891 10,014 1,454,632 126,392 {35,2891 154,248 17,876 Ngt Assets 1,383,625 172,124 1,555,749 21. Analysis of changes in net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash al bank and in hand 99,753 510,686 610,439 22. Operatlng lease commltments The lolal future minimum lease payments under non-cancellable operating leases are as follows.. 2025 2024 Not later than 1 year 10,374 8,157 23. Related parties Suffolk Sight received a donation of £6,00012024.' £Nill from New Medica, Raj Hanspal is consultant ophthalmologist and clinical partner at New Medica and is also a Iruslee of the charity. The donation was made on 8th November 2024 and is restricted lo funding the role of one of our community workers. The transaction wa5 reviewed and approved by the board of trustees, including those with no conflict of interest. There were no other related party transactions in this or the prior year. -28-