Charlty Reglstratlon No. 209535 Company Reg15tratson No. 00363004 IEn8land and Wales) EAST SUSSEX VISION SUPPORT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BUSINESS ADVISORS One Bell Lane Lewes East Sussex BN7 IIU SUSSEX VISION SUPPORT CONTENTS Page Trustees, report Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements 10-25 EAsf SU55EX VISION SUPPORT LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr l G Fletcher-Price- Chairman Mr R JohThsttrn - Treasurer Mr G ￿WsOn Mr C D Dowling Mr P F Gillett Mrs J O'8rlen Mr5 M R Shepherd MrPG Bowers Secretary Mr Daniel Brookbank Charlty number 209535 Company number 363004 Registered offite 13 Vicarage Field Hailsham East Sussex BN27 IBD IndeperKlent examlner TC Group One Bell Lane Lewes East Sussex BN7 Bankers Barclays Bank PIC Leicester Leicestershirè LE87 288 Investment advisors UBSAG Wealth Management l Finsbury Avenue London EC2M 2PP EAsf SUSSEX VISION SUPPORT TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH2025 The trustees present their annual report and financial statement5 for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policie5 Sel out in note I to the financial statements and comply with the charitable company's Memorandum and Articles of Association. the Companie5 Act 2006 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 IFRS 1021 leffectlve l January 20191.. Objectives and artivities The principal activities of the charity are to promote the physical and general welfare of blind and partially sighted people and the prevention of blindness, preference being given to those ordinarily resident in the county of East Sussex and in the Unitary Authority of Brighton and Hove. East Sussex Vision Support aim5 to enhance the live5 Of people with vision impairment. Its objectives are to.. Provide support in adjusting to vision impairment Promotè independènce Empower and enable people with vislon impairment Prevent social isolation Maximise opportunitie5 for people with vision impairment Promote understanding of vision impaimient Promote equal access to Services The strategies for achieving those objectives are contained in the 5 Year Business Strategy Dated June 2019. During the course of 20241202S we have been working on a new three year strate8y for publication in May 2025. Servi¢e5. delivered to more than 1.360 people locally. include.. Low Vision Support Workers and Higher Intervention Workers who work on a one-to-one basis with mernber5 providing advice, a5S15tance and signposlirbg to services and opportunities An Aid5 and Equipment centre with the latest 5pec131ist products available to view and try. coupled with a specialist trained Aids and Equipment Officer 10 social groups around the county including three dedicated to younger people, one especial￿ for deafl blind people and 7 for older members of the Community A range of training opportunities including skills trainin& IT training, including using tablet computers and smart phones and vision awareness training for carers and those working with or related to a person with sightlos5 sound Tennis Sussex. a group of actlve members who play sound tennis In Brighton and Hove. At present they are extending theii reach to cover the entire county A thèatre group that attènds Devonshire Park Theatre on 3 regular b￿15 and has the advantè8e of audio description for every performarbce A volunteer visiting scheme in Brighton and Hove A telephone helpline available to anyone who 15 affected by 5ightloss General advice, support, and as5iStancc. The trustees have paid due rezard to guidance i5su&d by the Charity Commission in deciding what activities the charitable company should undertake. EAsf SUSSEX VISION SUPPORT TRUSTEE5' REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUEDI FOR ThIE YEAR ENDED 31 MARCH2025 Achievements and perfomlance Key Performance indicators are recorded for many areas of ESVS'5 work. below are the main one5 for the year 1st April 2024 to 31st March 2025: Average number of clients on the database- 1.545 New referrals ￿Ceived- 246 Certificate of Visual Impairment received and proce55ed 143 Members who accessed Aids and Equipment- 873 Number who accessed our Tech Support Service- 86 Number of active volunteers- 144 Financial review The following pages summarise the trading accounts Df the Association for the 12-month period ending 31st March 2025. Detailed accounts are available, on request, from the Association Head Office. Income for the year £360.000,' The Trustees have reviewed Ouf Strategy for the next five years to determine a clear direeticn financially for ESVS. Expenses for the year were £434,000. Contirtued vigilance and control of our expenses will be vital in future. Despite the very many challenges we faced during the year, we must acknowledge the trernendou5 contribution made by our staff and volunteer5 who worked extremely hard to maintain a hi8h quality of service to mernber5 and clients. Reserve5 policy The trustees monitor the reserves Of the charity. This prtscèss considèrs the nature of all intome and èxpenditure streams. commitments, and the nature of the reserves. The trustees have examined the minimum Tequirements for freè reserve5 which are unrestricted funds not invested in fixed assets or otherwise committed. The trustees consider that these should be equivalent to six months expenditure. In the year ended 31st March 2025, amendments have been made to the brought forward unrestricted and restricted funds via prior period adjustments. Further details on this can be found in note 22. Investment Policy Discretional investment powe￿ are delegated to the charily's investment managers U8S AG Wealth Managemènt. The trustees consider the income requirements and the risk profile together with the investment manager5 view if the market. Therè are no re5trirtions on the charity'5 power to invest. Risk management The trustees actively review the major risks which the charity faces on a regular basis and believe tFiat maintaining f￿e reserves at the levels stated later in this report, combined with our annual review of the controls over key financial sygtems carried out through an intèrnal audit programme, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks and confirm that they have established systems to mitigate the signlficant rlsks. EAST SUSSEX VISION SUPPORT TRUSfEES' REPORT (INCLUDING DIRECTORS. REPORTI ICONTINUEDI FOR THE YEAR EAIDED 31 MARCH2025 Plans forfuture pèrlods 2024 to 2025 has been one of our most challenging years to date, with a re-organisatitsn in October 2024 seeing the end of the Higher Intervention Service and a reduction in fundlng and costs. We will be publishing a new three year 5trate8y in May 2025 outlining the work we propose to continue. The East Su55ex County Cguncil contract h35 beEn extended for a further year until March 2026. ESVS plans to continue working with ESVC to provide these services. The Brighton City Council contract was renewed in April 2024 for a further year ¢Jntil March 2025. With a fvrther. four year funding agreed from April 2025. ESVS HQ will ￿ maln at 13 Vicarage Field, Hai15ham forthe foreseeable future. Strurture* 8overnano and mana8ement The charitable company is a company limited by guatsntee and is governed by its Memorandum and Articles of AsstxSation dated 27 August 1940 as amended 10 Nc*vember 2004. The trustees, who are also the directctrs for the purpose of company law, and who served during the year and up to the date of signature of the financial statements wefe: Mr l G Fletcher-Price- Chairman Mr R Johnston- Treasurer MsSLHSlade MrG Law50n Mr C D Dowling Mr P F Gillett Mr D J Gumbrell Mrs J O'&rien Mrs M R Shepherd Mr P G Bowers (Resigned 30 JBnuary 2025 (Resigned 2 January 20251 Appointment. Induction, and training of trustees M05t trustees are already famlllar wlth ihe practical work of the charity. New trustees are invited and encourageil to attend traininÉ and Induction as appropriate to fèrniliarise themselves with the charity, the context in which it operates and their obligations as a trustee. All trustees undergo a stsndard DBS ¢he¢k. None of the truste&s h35 any beneficial interest in the company. All the trustees are rnembers of the company and guarantee to contribute £1 in the event of a winding up. East Sussex Vision Support is a User Led Organisation. Organisation East Sussex Vision Support has a Board of Trustees currently consisting of 8 trustees, 4 of whom are visually impaired. They meet quarterly and are responsible for the strategic direction and policy of the charity. Day to day responsibility for the provision Cpf servSces ￿SE$ with the Chief Exetutive. Mr Danlel Brookbank. along with other officers to whom work is delegated as appropriate. The Chief Executive is responsible for ensuring that the charity dèlivers the services spÈcifiÈd and thè kéy performance indicators are mèt. &4ST SUSSEX VISION SUPPORT TRUSTEES, REPORT {INCLUDING OIREcfoRS' REPORT) ICONTtNUEDI FOR THE YEAR ENOED31 MARCII 2025 Asset co¥er lo¥ fvnds Note 19 sets out an analysis of fhe assets attributable to the various fijnds. These assets ?re sufficient to meet the charltv's C*bllgatlons on a fund-by.fund basis. Message from the Chairman. lan Fletther.Pri¢e Goin8 intg my sixth year as Chalrman I know ihat life for our members is M￿ challenglnB ihat It has ever been. the uncertainly of thè ctsst-of-living crisis coupled wilh changes to benefit5 have ill made Iwe more difficult. But ESVS 15 he￿ to help whenever and wherever we can. Ourdedlcated team will alwaysgo that extra mile to ensure that member5 are able to live a fulfilling and independent life. This financial year has been one of our most difficult but we have had the foresight to cut our costs and keep all our essential sefvices runnin& My thanks to the Staff, Volunteers and Trustee5 for their Continued support and hard work. lan Fletcher.Piice Chairman. The trustees, report Wa5 approved by the Board of Trustee5. Mr l G Fletcher.PriGe- Ch?irman L)ate'. 2qlili EAST SUSSEX V1510N SUPPORT INDEPENDENT EXAMINER'SREPORT TO THE TRUSTEES OF EAST SUSSEX vIS￿N SUPPORT I report to the trustees on my examination of the financial statements of East Sussex Wision Support lthe charitable company) for the year ended 31 March 2025. Respon5ibllities and basis of report As the trustees of the charitsble company land a150 Its director5 for the purposes of company lawl you are responsible for the preparation of the linancial statements in accordance with the requirements of the Companies Act 20D6 IthÈ 2006 Actl. Having satisfied myself that the financial statements of the charitablè company are not required to be audited under Part 16 of the 2006 Art and are eligible for independent examination, I report in rÈspett of my examinaiion of 1he charitable company's financial statement5 carried out undEr section 145 of the Charwtie5 Act 2011 (the 2011 Attl. In carryill8 out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Art. Independerrt examiner'$ 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 that in any material respect.. a¢counling record5 were not kept In respert of the charitable company as required by section 386 of thÈ 2006 Act,. or the financial statements do not accord with those records- or the financial staternents do not cornply with the accounting requirements of sertion 396 of the 2006 Act other than any requirement that the accounts give a true and fair vièw whith is not a matter considered as part of an independent examination- or the financial statemènts have not beÈn prèpared 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 Finantial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters in CDnnection with the examination to whl¢h attention Should be drawn in this report in order to enable a proper understanding of the financial 5tatementS to be reached. D Martin FCA TC Group Office.. Lewes Dated.. 29 January 2026 EAST SUSSEX VISION SUPPORT STATEMENT OF FINANCIAL ACTIVITIES INCLUOING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current financial year UnrestTirted Unrestrirted funds funds general designated 2025 2025 Restrlrted funds Total Total 2025 2025 2024 as restated Notes Income and endowments from.. Donations and legacies Charitable actlvltles 129,992 27,805 173,674 157,797 173,674 1.955 26,871 95,976 217,852 1,919 61,756 Investments Other incorne 1,955 26,871 Total income 158,818 201,479 360,297 377,503 Expenditure on: Raising funds Charitable activities 15,694 208,675 15,694 418,512 11,799 477,480 209,837 Total expendlture 224,369 209,837 434,206 489,279 Net expènditure 165,5511 18,3581 173,9091 1111,7761 Net movement in funds 165,5511 18.3581 173,9091 1111.7761 Reconciliation of funds: Fund balances at l April 2024 187,773 251 71,897 259,921 371,697 Fund balances at 31 March 2025 122,222 251 63,539 186,012 259,921 EAST SUSSEX VISION SUPPORT STATEMENT OF FINANCIAL A￿1VITIEs ICONTINUED} INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH2025 Prl¢r finan¢ial year Unrestrirted Unrestrirted funds fvnd5 general designated 2024 2024 as restated Restrfcted funds Totsl 2024 as restated 2024 as reststed Notes Income and endowments from: Donations and legacies Charitsble activities Investments Other income 68,210 27,766 217.852 9S,976 217,852 1,919 61,756 1,919 61,756 Totsl Income 131,885 245.618 377,503 Expenditure on: Rai5in8 fund5 Charitable activitie5 11,799 225,141 11,799 477.480 252,339 Total expendlture 236,940 252,339 489,279 Net Income 1105,0551 16,7211 1111,7761 Transftrs between funds 11981 16291 827 Net movement in funds 1105,2531 16291 15,8941 1111,7761 Reconclliation of funds: Fund balances at l April 2023 293.026 880 77,791 371.697 Fund balances at 31 March 2024 187,773 251 71,897 259,921 EAST SUSSEX VISION SUPPORT BALANCE SHEET ASAT31 MARCH2025 2025 2024 as rertated Note5 Fixed a$5ets Tangible assets 13 12,526 16,567 Currert assets Debtors Cash at bank and in hand 14 6,577 176,075 5,661 251.108 182,652 256,769 Creditors.. amounts falling due within one year 15 19,1661 113,4151 Net current assets 173.486 243,354 Total a￿et$ less current Ilabllitles 186.012 259,921 The funds of the charitable company Restricted income funds Unrestricted funds- general Unrestricted funds- desighated 18 63.539 122,222 251 71.897 187,773 251 17 186.012 259,921 EAST SUSSEX VISION SUPPORT BALANCE SHEET (CONTINUED) ASAT31 MARCH2025 The cornp3ny15 2ntitled to the exemption from the audit requlrement contained in section 477 of the Companies Acl 2006 relatlng to sm311 companie5, for the year ended 31 March 2025. The irustees acknowledge thelr responsibilities for ensurin8 that the charity kèeps accounting records which cornply with sectlon 386 of the Art and for preparing flnantial ststÈménEs which give a true and falr VIEW of the state of affairs of the cornpany as at the end ol thè financial year and of its incoming re50urc¢s aTrJ application of resources, includin8 rt5 income and expenditure, for the financial year in èccordanee with the requirements of sertions 394 and 395 and whlch otherwfsé tomply with the requirement5 of the Companies Act 2006 relatlng to financial statements. so far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in qUÈ#ion in accordance with S￿19￿ 476. These financial 5tstements hwe been prepared rn atcordance with the provisions applieablè to tempanies subject to the small companies reglme. 191IlL The financial statements were approved bythe ttustèes t>n......................... Mr l G Fletcher-P '.ce. Chairman CompaThy registratK)n nurnber 00363004 {En813nd and Wales) EAST SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 MARCH2025 Accounting poticies charlty information East Sussex VisiDn Support ts a pri￿te company limited by guarantee incorporated in England and Wales. The registered office is 13 Vic3rage Field, Hailsham. East Sussex, BN27 18D. 1.1 A(countlng convention The financial Statements have been prepared in accordancè with the charitable company's Memorandum and Articles of Association, the Companie5 Act 2006 and 'Accounting and Reporting by Charities- Statement of Recommended Practice 3pplic3ble to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" la5 amended for accounting period5 commencing from l January 20161. The charitable company Is a Publi¢ Benefit Entity as defined by FRS 102. ThÈ charitable company has taken advantage of the provisions in Ihe SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which 15 the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the ne3re5t £. The accounts have been prepared on the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies adopted are set out below. l.Z Going concern At the time of approvins the financial staternents, the trustees have a reastsnable expect3tion that the charitable company has adequate resourtes to contin(te in operationèl existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial 5tatementS. 1.3 charitsble funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their chaiitable objectives. Designated funds comprise fund5 which have been set aside at the discretion of the trustee5 for specific purpose5. The purposès and uses of the designpted funds are set out in the n(Ites to the financial statement5. Restricted funds are subject to specific conditions by donors as tti how they may be used. The purpa5es and U5e5 of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income Is ￿CognISed when the charitable company is legally entitlèd to It after 2ny performance condltlons have been met, the amounts can be measured reliably, and it is prob3ble that incorne will be received. Cash donations are recognised on receipt. Other donations are recognised once the charit3ble cornpany has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recovernble in ￿latiOn to donatio￿ received undèr Gift Aid or deeds of covenant 15 recogni5ed at the time of the donation. 10- EAST SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies (Continued) Legacies are recognised on receipt or otherwise if the ch3rit3ble company has been notified Df an impending dittribution, the amount is known, and rèceipt is expected. If the amount Is not known, the legacy is treated as a contingent asset. Grants received are credited to the Ststement ol Financial Attivities when received unle55 they relate to a future Specifièd period. in which case they are deferred. 1.5 Expenditure Expenditure 15 recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is prob3ble that a trnnsfer of economic benefits will be required in settlement, and the amount of the obligation can be measured rellably. Expenditure is classified by 3Ctivity. The tosts of èach activity are made up of the totsl of direct costs and shared cost5, including support costs involved in undertaking e4ch activity. Direct cost5 attributable te a sin8le activity are allocated directly to that activity. Shared tosts which contribute to more than one activity and support costs which are not attributable to a sin8le activity are apportioned between those activities on basis consistent with the use of resource5. Central staff costs are allocated on the basis of tirne Spent, and depreciation charges are allocated on the portion of the a5set'5 use. Expenditurè is recognised when a liabilitv 15 incurred. Contractual arrangements and performance grants are re¢¢gnised as goods and services are provided. Costs of generating funds are those costs associated with attracting voluntary income. Charitable activities èxpenditure comprises those costs incurred by the charity in the delivery Df its activities and services for its bEnefi£iaries. It includes costs that can be allocated directly to such activitie5 and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with the governance of the charity and are prlmarlly a550ciat&d with conslitutional and statutDry requirements. Support costs Include central functions and have been allÈxated to activity costs categories on a ba515 consistent with the use of the resource, e.g. by staff ratio, flotsr areas or estlmated usage. 1.6 Tanglble fixed assets Tangible lixed a￿et5 are initially measured at C05t and subsequently measured at C05t or valuation, net of depreciation and any impairment losses. Depreciation is recognisÈd so as to write off the cost or valuation of assets less their residual values over their useful lives on the followin8 ba5es'. Computers Fixtyres, fittings & equipment Motor vehicles 33 113% stralght Ilne 20% straight line 20% reducin8 balance The gain or 1055 arising on the disP05al of an asset is determined as the difference between the sale proceeds and the c8rrying value of the asset, and is reco8nised in the statement of financial activities. 11 &4ST SU55EX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2025 Accountlng pollc5es (Continued) 1.7 Cash and cash equivalents Cash and cash equivalent5 irtclude cash in hand, deposits held at call with banks. other short-term liquid investments with original maturities of thTee months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current Ilabllities. 1.8 Financial instruments The Company has elected to apply the provisions of Section 11 'Basic Financial Instrument5, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of it5 financial instruments. Financial instruments are recognised when th2 charitable company becomes party to the contractual provision5 of the instrument. Boslcfinunclul assets Basic financial assels, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequenily carried at amortised cost using the effective intèrÈst mèthod unless the arrangement constitutes a financing transaction. where the transaction is measured at the present value of the future receipt5 discounted at a market rate of interest. Financial assets classified as receivable within one year are nol amortised. Baslcfinonc1¢711iq￿litse5 Basic financial liabilities, including credilors and bank loans are initially recognised 3t transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value ol the future payment5 discounied at a market rate of interest. Financial liabilities cla55ified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, Using the effective interest rate Tnethod. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary tourse of operations from suppliers. Arnount5 payable are classified 3s current liabilities if paymént is due within Line year or less. If not, they are presented as non-turrent liabilities. Trade creditors are recognised initially at tran53Ction price and subsequently measured at amortised cost Using the effective interest tllethod. 1.9 Employee benefits The cost of any unused holiday entltlement Is recognised in the period in which the employee's services are received. Termination benefits are ￿cOgnised immediately as aft Èxpense when the charitsble company is demonstrably committèd to terminate the employment ot an employee or to prgvi(le termination benefits. 1.10 Retirement benefits rhe charity contributes to a defined contribution pension scheme for its staff. The scheme provides money purchase and lump sum benefits payable to Membe￿ on their retirelybent or to their deperbdant5 on death before retirement. The assets of the scheme are held separately from those of the charity in an independently administered fund. Contributions charged to the defined contribution scheme are charged to the statement of financial activitie5 when they bècome payable. 12 EAsf SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR TrIE YEAR ENDED31 MARCH 2025 Accounting policies Icontlnuedl 1.11 Fund accountlnz Funds held by the charity are.. General reserves - these are the funds that can be used in actordance with the charitable objects at the discretion of the trustees. Restricted reserves these are funds that can only be used for a particular purpose within the objects tsf the charlty. The restrictions arise by ihe donor or when the funds are raisèd for a specific purpose. Designated funds - comprise funds which have been set asrde at the di%retion of the trustees for specific purposes. The purposes and uses of the restricted and design3ted fund5 are set out in the notes to the accounts. Income from donations and legacles Unrestrlcted Rèstrlcted funds tunds 2025 2025 Total Unrestrirted Restrkted funds funds 2024 2024 2024 as restated as restatèd 05 re5tsted Totsl 2025 Donations and gifts Legacies Grants 47.104 5,912 76.976 27,80S 74,909 5,912 76.976 42,808 3,991 21,411 27,766 70.574 3,991 21,411 129,992 27,8QS 157.797 68.210 27,766 95,976 Income from charitable acttvities Restricted funds 2025 Restrlcled funds 2024 as restated Grants receivable Performance related grants 173,674 217.852 13- EAST SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED31 MARCH 2025 Income from investments Unrestritted Unrestrirted funds funds 2025 2024 Interest receivable 1,955 1,919 other lrtcomè Unrestricted Unrestricted funds fund5 as rèstated 2024 2025 Other income 26,871 61,756 Expenditure on raising funds Unrestrfrted Unrestricted fund5 funds 2025 2024 as restated Fundr3isin8 and publicity Fundraising agents Staff costs 3,696 11,998 11,799 15,694 11,799 14- EAST SUSSEX VISION SUPPORT NOTES TO THE FINA)JCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activitips Charitable Activities 2025 Charbtable Activities 2024 as restaied DirÈct costs staff Costs Depreciation and impairment Staff TraininB Rates. Llght. Heat. Cleaning and Insurance PPS and Telephone Travel 159,026 4.041 678 19,890 13,516 9,495 18,343 34,493 3,019 204,824 6,133 2.050 11,163 14,379 13,085 31.669 31,633 1.527 Friends of ESAB Soclal Actlvltles Repairs and Maintenance Rent Resource Centre Professional FÈes Sundry Expenses li 12,801 30,538 400 959 14,516 40,837 63 11,537 307,199 383,416 Share of sUPPOrt and 8tsvernance Costs (see note 81 Governance 111,313 94,064 418,512 477,480 Analysis by fund Unrestricted funds- general Restrirted funds 208,675 209,837 225,141 252,339 418,512 477,480 Support costs allocated to actlvltl Charitsble Activities Total 202S 2024 as reslated Governance 111,313 94,064 15- EAsf SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FI￿ THE YEAR ENDE031 MARCH 202S Support co#5 allocated to activitles Icontlnuedl 2025 2024 as restated Govemante Costs comprise: Staff costs Legal and professional Repai￿ and maintenance Accountancy fees Management charge5 Sundry expenses 94,974 3,722 2,298 9,161 1,124 34 83,725 2,199 6,651 1,109 380 111,313 94,064 Included within accountancy fees are payments made to the Independent Examiner totslling £9,16112CTr24- £6,651). Included within this total is the Independent Examlners fee of £4,47012024- £4,295). Net movement in funds 2025 2024 The net movernent in funds is ststed after thargingllcreditingl.. Depreciation of owned tanEible fixed assets 4,041 6,133 10 Trustees None of the trustees lor any person5 connected with them) received any remuneration during the year. No trustee claimed travel expenses in the period12024.. Trustee5 claimed travel expenses totalling £Nill. All of the expenses were dtsnated to the Association. One Trustee purchased equipmènt during the year. This was at the normal market rnte. Two Trustees made donations during the year totalling £285. One Trustee was director of a company that provided printing seNices for the charity during the year. These services totalled £3.349 and were charged at the normal market rate. The mernbers of the charity are the trustees as outlined on page l and are considered to be the controlling party. In the event of the charity being wound up, the liability in respect of tho guarantee is limited to £1 per member. 16- SUSSEX VISION SUPPORT NOTESTQTHE FINANCIAL ￿ATEmENTs (CONTINUED FOR THE YEAR EIIDED 31 MARCH 2025 11 Employees The average monthly number employees during the year w3S'. 2025 Number 2024 Number Management and administration of the charity 12 13 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 242,978 13,240 9,78Q 272,687 16.111 11,550 265,998 300,348 The number of employees whose annual remuneration was more than £60,000 is as ftsllows.. 2025 Number 2024 Number £60.001 to £70,000 ftemuneration of key management personnel The remuneration of key management personnel was as follows.. 2025 2024 AgBreg3te compensation 65,365 68,254 12 Taxation The company is a règlstered charlty and under section 50511) of the Income and Corporation Taxe5 Act 1988 is exempt from Éaxation. 17 EAST SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR EhlDED 31 MARCH202S 13 Tangible fixed assets Comwrers Flxtures. Httlr45 Motor¥ehIc￿5 & equlpment Totsl Cost At l April 2024 S3,148 7,228 108,142 168,518 At 31 March 2025 53,148 7,228 108,142 168,518 Depreciation and impalrment At l April 2024 Depreciation charged in the year 52.481 667 6.582 323 92.888 3,051 151.951 4,041 At 31 March 2025 53.148 6,905 95,939 155,992 Carryine amount At 31 March 2025 323 12,203 12,526 At 31 March 2024 667 646 15,254 16,567 14 Debtors 2025 2024 Amounts fallSng due wlthln one year: Prepayments and accrued inctsme 6,577 5.661 15 Creditors: amounts falllng due wlthln one year 2025 2024 Other tsxation and social security Other creditors Accruals and deferred income 3,399 1,296 4,471 5,260 4,926 3,229 9,166 13,415 16 Rétirement benefit schemes 2025 2024 Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes 9,780 11.550 18. EAST SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR ThE YEAR ENDE031 MARCH2025 16 Retirement benefit schemes (Continued) The Charitable Company c¢perates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. 17 Unrestrltted funds- desl8nated These are unrestriaed funds which are material to the charitable company's activities. At l April 2024 Transfer5 At 31 March 2025 251 251 Previous year: At l April 2023 Translers At 31 March 2024 880 16291 251 The trustees have tèkèn the decision to designate certain fund5 to provide a vehicle for the use of beneficiaries. 19- Ln ¢Th ¢Ti O t r4 m 000 m m ￿ r*0 ID ￿ Ln r4 EAST SUSSEX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENT5 ICONTINUEDI FOR THE YEAR ENDED31 MARCH 2025 19 Analy515 of net assets betweEn fund5 Unrestrlcted Unrestrlcted lunds funds general designated 2025 2025 Restrl¢ted funds Ti)tal 2025 2025 At 31 March 2025: Tangible assets CUr￿nt assetsllliabilitiesl 12,275 109,947 251 12,526 173,486 63,539 122.222 251 63,539 186,012 Unrestrirted Unrestrirted funds funds ¥eneial designated 2024 2024 a5 restated Restrirted tund5 Total 2024 as reststed 2024 a5 reststed At 31 Marth 2024: Tangible assets Current assetsllliabilitiesl 16.316 171,457 251 16.567 243,354 71,897 187.773 251 71,897 259,921 20 Operating Fease commitments Lessee At the reporting end date the charitable company had outstanding commitments lor future minimum lease payments under non-cancellable operating leases, which fall due a5 follows.. 2025 2024 Within one year Between two and five years 17.794 17.358 13,000 17.794 30,358 .22- EAST SU55EX VISION SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR EAIDED 31 MARCH 1025 21 Relatèd party transartlons During the year, payments of £3,349 were made to Dowling Creative Limited, a comp3ny owned by CLLR Chris Dowling. a trustee of the charity. for new51etter and brochure printing. The trustees confirm that the tiansaction wa5 made on an arm's-length basi5. 22 Prlor perlod adjustment Changes to the balancè shèet At 31 March 2024 As previously Adjustment A5 restated reported Currènt assèts Debtors due within one year Bank and cash 5,661 261,037 5,661 19,9291 251,108 Total current assets 266.698 19,9291 256,769 Income funds Restricted funds Unrestricted funds- designated Unrestricted funds- general 328.366 251 158,7671 1256,4691 71,897 251 246,S40 187,773 Totsl In¢ome funds 269,850 19,9291 259,921 Chanzes to the statement of financial artlvltles Year ended 31 March 2024 A5 previtsusly Adjustment AS rÈststÈd reported Income from.. Donations and legacies Incoming resources from charitable activities Investments Other income 82,384 227,965 1,919 61,729 13,592 95,976 110,1131 217,852 1,919 61.756 27 Total Income 373,997 3,506 377,503 Expenditure on.. Raising funds Charitable activities 23,597 464,922 111,7981 11,799 12.558 477.480 Total expenditure 488,519 760 489,279 Net movement in funds 1114,5221 2,746 1111,7761 -23. EAST SUSSEX VISION SUPPORT RECONCILIATION ON ADOPTION OF FRS 102 AS AT31 MARCH 2025 22 Prlor period adjustment Icontlnuedl Changes to the balance sheet Reconciliation of changes in fund balances Adjustments to funds Note Unrestritted funds -general Restri¢ted funds Reported balance at l April 2023 148,028 235,464 Réallocation of grants Reallocation of e¥pense5 and overheads Reallocation of income Transfer between fund5 Bank duplicates 173,1631 186.773 9,174 34,888 112,6741 73,163 1186,7741 19,1741 134,8881 Total adjustrn¢nts prior to 31 March 2023 144,998 1157,6731 Adjusted b31ance at l April 2023 293,026 77,791 Adjustments to prior year Unrertrfrted lunds ' general RestrlctedluThds Reported balance at 31 March 2D24 158,7671 328,366 Adjustments to funds prior to 31 March 2023 Re4llocation of grant5 Reallocation of expenses and overheads Reallocation of Income Bank duplicates 144,998 20,225 54,148 27,697 15281 1157,6731 120,2251 154,1471 127,6971 3.273 Total adjustments prior to 31 March 2024 246,540 1256,4691 Adjusted balance at 31 March 2Q24 187.773 71,897 Reconciliaiion ¢f ¢ash at bank and in hand Balance as previosly reported at 31 March 2024 Adjustmènts relatin8 to year ended ai March 2023 Adjustments relating to year ended 31 March 2024 261.037 112,6741 2,745 Adjusted balance at 31 March 2024 251,108 -24- EAST SUSSEX VISION SUPPORT RECONCIUATION ON ADOPTION OF FRS 102 ICOKllNUEDI A5 AT31 MARCH2025 22 Prlor perlod adjustment Icontlnued) Notes to reconclllatlon l- Reallocatlon of grants During prior periods ihere was a misalocation of grants between restrirted and unrestricted income. This arose due to grdnt5 being mixed in unrestricted and restricted nominals. 2- Reallotatlon of experfjes and overheads During prior periods restricted fundlrtg covered a 5ignifcant amount Df core costs which had not been accurately spltt between unrestricted and restricted expenditure. 3- Reallo¢ation of Income Durin8 prior periods theie should have been a greater allocation of income recorded as unrestricted. The error artsse duè some unrestricted income being mixed within restricted income ngminals. 4- Transfer between funds There was a historic difference on the sotial 8roup funds. A transfer has been made between unrestricted and restricted fund5 to correct the balance. S- Bank duplicates Some bank duplicates have arisen over the last few years which have been reversetl. -25-