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|---|---|---|---|
|Reference and administrative||details ofthe Charity, its Trustees and advisers||
|Trustees'
report|||2-5|
|Independent
examiner's|report|||
|Statement offinancial activities||||
|Balance sheet||||
|Trustees||EA Shilling,
Chair (resigned 6 June|EA Shilling,
Chair (resigned 6 June|EA Shilling,
Chair (resigned 6 June|EA Shilling,
Chair (resigned 6 June|2023)|
|---|---|---|---|---|---|---|
|||F EAnderson|(resigned||13June 2022)||
|||Dr R Cubbidge|||||
|||F Drasar|||||
|||R Dufton|||||
|||A Lightstone
(resigned||13June 2022)|||
|||J Morris, Vice|Chair||||
|||Dr DJ Parkins,|Chair||||
|||Professor
M SSagoo|||||
|||Dr M Conway|(appointed||15December 2022)||
|||R Lovell-Patel|(appointed||15December 2022)||
|Charity registered|||||||
|number||1186122|||||
|Principal|office|Apothecaries'|Hall||||
|||Black Friars Lane|||||
|||London|||||
|||EC4V 6EL|||||
|Accountants||Kreston Reeves LLP|||||
|||Chartered
Accountants|||||
|||2nd Floor|||||
|||168Shoreditch|High Street||||
|||London|||||
|||E1 6RA|||||
|Investment|managers|Rathbones
Investment||Management||Limited|
|||8 Finsbury
Circus|||||
|||London|||||
|||EC2M 7AZ|||||
|Bankers||Lloyds Banking|Group PLC||||
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||||Endowment|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|funds|
|||Note|2023f|2023
f|2023
f.|2023
F|2022|
|Income and||||||||
|endowments|from:|||||||
|Donations
and|legacies|3|110,258|||110,258|137,681|
|Investments||4||17,209|20,485|37,694|27,873|
|Other income||5|4,050|||4,050|4,350|
|Total income|and|||||||
|endowments|||114,308|17,209|20,485|152,002|169,904|
|Expenditure
on:||||||||
|Raising funds||6,7||6,351|7,561|13,912|15,022|
|Charitable
activities||9||41,363|69,890|111,253|95,822|
|Total expenditure||||47,714|77,451|125,165|111,844|
|Net Income I||||||||
|(expenditure)|before|||||||
|net gains I(losses)||||||||
|on Investments|||114,308|(30,505)|(56,966)|26,837|58,060|
|Net gains 1(losses) on||||||||
|investments|||(75,316)|(67,268)||(142,584)|52,083|
|Net income I||||||||
|(expenditure)|||38,992|(97,773)|(56,966)|(115,747)|110,143|
|Transfers
between||||||||
|funds||16|(56,966)||56,966|||
|Net movement|in|||||||
|funds|||(17,974)|(97,773)||(115,747)|110,143|
|Reconciliation|of|||||||
|funds:||||||||
|Total funds brought||||||||
|forward|||1,037,674|871,686||1,909,360|1,799,217|
|Net movement|in funds||(17,974)|(97,773)||(115,747)|110,143|
|Total funds carried||||||||
|forward|||1,019,700|773,913||1,793,613|1,909,360|
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||Endowment|Total|
|---|---|---|
||funds|funds|
||2023|2023f|
|Donations|42,556|42,556|
|Legacies|61,178|61,178|
|Gift aid recoverable|6,524|6,524|
||110,258|110,258|
||Endowment|Total|
|---|---|---|
||funds|funds|
||2022|2022|
|||8|
|Donations|32,808|32,808|
|Legacies|100,000|100,000|
|Gifi aid recoverable|4,873|4,873|
||137,681|137,681|
##
||||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2023
5|2023
E|2023f|
|Income|from|local|listed|investments|17,209|20,485|37,694|
||||||Restricted|Unnrstrfcted|Total|
||||||funds|funds|funds|
||||||2022|2022|2022|
||||||6|6|5|
|Income|from|local|listed|investments|13,493|14,380|27,873|
##
|Other|incoming|resources|
|---|---|---|
|Other|incoming|resources|
|Endowment|Total|
|---|---|
|funds|funds|
|2023|2023|
|5|F|
|4,050|4,050|
|Endowment|Total|
|---|---|
|funds|funds|
|2022|2022|
||5|
|4,350|4,350|
##
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||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023
f|2023
5|2023f|
|Subscriptions|and|directories|49|59|108|
|Advertisement|and|marketing|628|747|1,375|
||||677|806|1,483|
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||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022f|2022f|
|Subscriptions|and|directories|50|53|103|
|Advertisement|and|marketing|909|969|1,878|
||||959|1,022|1,981|
##
||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023
E|2023
f|2023
E|
|Investment|management|fees|5,674|6,755|12,429|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2022
f|2022|2022
5|
|Investment|management|fees|6,797|7,244|14,041|
##
|Grants from|Grants from||
|---|---|---|
|Unrestricted|Restricted|Total|
|Funds|Funds|funds|
|2023f|2023
K|2023
E|
|63,145|35,700|98,845|
##
||||Grants|from|Grants from||
|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|
||||Funds||Funds|funds|
|||||2022|2022|2022|
|||||6|5|6|
|Grants and donations|||56,753||21,000|77,753|
|The Charity has made the following'material||grants to institutions|during|the|yean||
||||||2023
f|2022|
|Name of institution|||||||
|Blind in Business|||||6,000|5,000|
|Croydon Vision|||||2,350||
|Drunken
Chorus|||||1,000||
|Extant|||||5,000||
|Goalball|||||5,000||
|Kent Association
for the Blind|||||1,000||
|Living Paintings
Trust|||||5,000||
|Magical Taxi Tour|||||1,500||
|No Going Back|||||500||
|Nystagmus
Network|||||1,620||
|The Sheriffs'and
Recorder's|Fund||||500||
|Royal National
College for the|Blind||||1,000||
|Royal Society for Blind Children|||||4,000||
|Sheffield Royal Society for the Blind|||||2,225||
|Sutton Vision|||||5,000||
|The Ridley Foundation|||||5,000||
|Vision 2020 Links|||||9,950|2,500|
|Vista|||||2,000||
|World Jewish Relief|||||2,000|5,934|
|World Sight Foundation|||||2,500||
||||||63,145|13,434|
|Other grants to institutions||||||43,319|
||||||63,145|56,753|
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|||Restricted|Total|
|---|---|---|---|
|||funds|funds|
|||2023f|2023
5|
|JDRF||10,000|10,000|
|Retina|UK|5,000|5,000|
|||15,000|15,000|
##
||||Restricted|Unrestricted||
|---|---|---|---|---|---|
||||funds|funds|Total|
||||2023
f|2023|2023
5|
|Governance|costs||2,282|2,718|5,000|
|Charitable|activities||35,700|63,145|98,845|
|Cost ofgenerating||funds|3,381|4,027|7,408|
||||41,363|69,890|111,253|
||||Restn'cted|Unrestncted||
|---|---|---|---|---|---|
||||funds|funds|Total|
||||2022|2022|2022|
|Governance|costs||2,412|2,688|5,100|
|Charitable|activities||21,000|56,753|77,753|
|Cost ofgenerating||funds|6,267|6,702|12,969|
||||29,679|66,143|95,822|
##
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||||Grant|||
|---|---|---|---|---|---|
||||funding
of|Support|Total|
||||activities|costs|funds|
||||2023|2023|2023|
|||||8||
|Governance|costs|||5,000|5,000|
|Charitable|activities||98,845||98,845|
|Cost ofgenerating||funds||7,408|7,408|
||||98,845|12,408|111,253|
||||Grant|||
|---|---|---|---|---|---|
||||funding of|Support|Total|
||||activities|costs|funds|
||||2022|2022|2022|
||||8|||
|Governance|costs|||5,100|5,100|
|Charitable|activities||77,753||77,753|
|Cost ofgenerating||funds||12,969|12,969|
||||77,753|18,069|95,622|
##
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||||Listed|
|---|---|---|---|
||||investmentsf|
|Cost or valuation||||
|At 1 April 2022|||1,875,692|
|Additions|||424,777|
|Disposals|||(471,421)|
|Revaluations|||(85,166)|
|At 31 March|2023||1,743,882|
|Net book value||||
|At 31 March|2023||1,743,882|
|At 31March|2022||1,675,692|
|Debtors||||
|||2023f|2022f|
|Prepayments|and accrued income|3,812|3,832|
|Tax recoverable||6,516|4,857|
|||10,328|8,669|
|2023f|2022|
|---|---|
|8,733|22,169|
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||Balance at 1||||Transfers|Gains/|31 March|
||April 2022
E|Income
E|Expenditure|f|In/out
K|(Losses)
f|2023|
|Unrestricted||||||||
|funds||||||||
|General
Funds||20,485|(77,451)||56,966|||
|Endowment||||||||
|funds||||||||
|Endowment||||||||
|Fund|1,037,674|114,308|||(56,966)|(75,316)|1,019,700|
|Restricted||||||||
|funds||||||||
|Restricted fund-||||||||
|Trevor White|124,644|2,461|(16,717)||||110,388|
|Restricted fund-||||||||
|Education||||||||
|Trust|747,042|14,748|(30,997)|||(67,268)|663,525|
||871,686|17,209|(47,714)|||(67,268)|773,913|
|Total offunds|1,909,360|152,002|(125,165)|||(142,584)|1,793,613|
##
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|Statement offun|ds - prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||Transfers|Gainer|31March|
||1 Apnl 2021f|Income|Expend(ture
8|in7out|(Losses)
8|2022
8|
|Unrestricted|||||||
|funds|||||||
|General
Funds||14,380|(74,409)|60,029|||
|Endowment|||||||
|funds|||||||
|Endowment|||||||
|Fund|928,220|142,031||(60,029)|27,452|1,037,674|
|Restricted|||||||
|funds|||||||
|Restricted fund-|||||||
|Trevor White|125,057|1,937|I'2,350)|||124,644|
|Restricted fund-|||||||
|Education|||||||
|Trust|745,940|11,556|(35,085)||24,631|747,042|
||870,997|13,493|(37,435)||24,631|871,686|
|Total offunds|1,799,217|169,904|(111,844)||52083|1909360|
##
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|Summary|offun|ds - current year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at 1|||Transfers|Gains/|31 March|
|||April 2022
6|Income
E|Expenditure
6|in/out
F|(Losses)f|2023
E|
|General funds|||20,485|(77,451)|56,966|||
|Endowment||||||||
|funds||1,037,674|114,308||(56,966)|(75,316)|1,019,700|
|Restricted|funds|871,686|17,209|(47,714)||(67,268)|773,913|
|||1,909,360|152,002|(125,165)||(142,584)|1,793,613|
|Summary|offunds - prior year|||||||
||||||||Balance at|
|||Balance at|||Transfers|Gainer|31March|
|||1 April 2021
8|Income
8|Expenditure|inlout
5|(Losses)
E|2022
8|
|General funds|||14,380|(74,409)|50,029|||
|Endowment||||||||
|funds||928,220|142,031||(60,029)|27,452|1,037,674|
|Restricted|funds|870,997|13,493|(37,435)||24,631|871,686|
|||1,799,217|169,904|(111,844)||52,083|1,909,360|
##
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|Analysis ofnet assets between
funds - curr|ent year|||
|---|---|---|---|
||Endowment|Restricted|Total|
||funds|funds|funds|
||2023|2023|2023|
||E|6|6|
|Fixed asset investments|969,969|773,913|1,743,882|
|Current assets|58,464||58,464|
|Creditors due within one year|(8,733)||(8,733)|
|Total|1,019,700|773,913|1,793,613|
##
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||Endowment|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
||8|6||
|Fixed asset investments|1,004,006|871,686|1,875,692|
|Current assets|55,857||55,857|
|Creditors due within one year|(22,189)||(22,189)|
|Total|1,037,674|871,686|1,909,360|