REGISTERED COMPAh'Y PIUMBER.. 006￿873 (England and Wales) REGISTERED CHARITY.NU.MBER: 222798 Re orl of the Trustees FIna￿ti#l St#tement5 for the Period Ended 31 March 2025 for Bradbu Flekls-Servtte5 for Blind and Psrtiill S- hted Peo le Com an Limlttd b Gugrantee Alexander Myerson & Co Lirnitcd Istktutory Audiior) Alexander House 61 Rodney Sireet Liver[￿] Merseyside LI 9ER Bradb Fields-Service5 for Blind and Partiall , S. hted Pto le [* al #nd Administrative Information for the Year Ended 31 March 2025 Trustees Mr R Cole {Interim Chair) Mrs G Bounds Mrs J Collins Mrs N Dit¢hfield Mr R Phillips MTS S Turnham Mr W Rob¢rts Mr M Hughes-Paion Julia Lee Angela O'Bri¢n Charity Number 222798 Company NuJDber 00654873 Registered orfKe Th¢ Brddbury Centre Youens way Liverp(￿] L142EP Auditor Paul Burns Bsc Hons BFP FCA Alexander Myerson & Co Limited Alexander House 61 Rodney Street Liverpwl Merseyside LI 9ER Bradbu Field5-Serviees for Blind gnd Parti411 Si hted Peo Ic Contents of the Fina for the Peritid En atements #rth 2025 Page Report of the Trustee5 Statement of Trustee5' Responsibililies Report of the Independent Auditors 8 to 10 Statement of Fin&ncial Aetivities Charity BaiaD¢e Sheet 12 Statement of Cash Flows 13 Notes to the FinAncl*l Statements 14to 24 Brndbu ield$-Ser¥iees for Blind Partial hled Peo ort of Ihe Trw$tees for the SIA Month5 Per￿1 Ended 31 March 2 The trustees present their report and fi[￿ncIal $￿tements for the period ¢nded 31 March 2025. The financial sialements have been prepared in accordance with rhe a￿oUnting policies set out in notr I to the financial siaiemcnts and comply with the chaTity's Memorandum and Articles of A550cialion. Ihe Companies Act 2006 and"Accounting and Reporting by Charitie5'. Staiement of Recommended Practice applicable to charities preparing their accounts in aecDrdance with th¢ Financial Reporting Standard applicable in th¢ UK and Republic of ITeland (FRS 102)" (as amended for accollniing periods ¢ommencing from l January 2016). Objectives and gctivities Our Vision is: A world in whi¢h those peopl¢ living with sensory loss can flourish. Our Misslon is to: Enhance the quality of life and promote the health and wellbeing of peopl¢ living with sensory loss. Since l (ktober 2024. this company has reverted io op¢rdting as an indeFend¢nt charity, 5epardte from Catholic Blind Institute. The trustees believe this safeguards the future of the excellent services ihal w¢ ptx)vide. will improve the efficiency of our organisation and . by returning to having our own governing body- will ¢nabl¢ gieater focus on the core activities of the charity. We began the year with sutTicient reserves to ensure a stsble position, and a pathway to delivering vital services over an extended period. Th¢ trustees now hope thai the charity can flourish, to protect the user5 of our services. The BTadbury Field5 charity delivers rehabilitaiion services. inforniation and advocacy, tttr support groups. and Bye Clinic Liaison Officer services lo suppon and enhance the health and wellbeing of up to 5.(N)O pcople. This number is the number of people regisiered with a visual impairmenl in Liverpool and Knowsley. th¢ areas of Mers¢yside we predominantly serve. However, advice and signp)sting are available io all. if This then further enable5 US to help peopl¢ who are visually impaired. Service provision extends to thtsse adults who develop sighi loss in laier life so they can learn and implement new skills to assist them in Tnanaging their liv&s in their changed circumstances. The strotegies employed to xehieve our servlce objectives during theyear were to: Secure long-lerrn funding from local authorities and health tr￿leS Promote volunte¢ring across the organisation Promote legaci¢5 and 4. Maximise the incorne potential of ihe Bradbury Centre Develop Other incorne streams to enhance. promotc, and devel¢)p opportunitie5 for people with lived exp¢ri¢nce of sight Ios5 6. Encourage and enable illDTrvaiion Bradbur elds-servitts for Blind and Parti&ll Si hted Peo Re rt of ihe Trust¢e5 ror the Six Monih5 Period Ended 31 March 2025 Achievements and performante During the report year we have continued to offer a firs1-cla￿ service to our many service users. We have done this through providing support at the point of diagnosis within our hospitals. through Sessional Rehabiliiaiion Support in leaching new skills and encouraging confidence building- through the delivery of Aetive Vision Social Clubs,. and through providing both individual and group 5UPPQrt through our Be Active service, to break the sense of isolation and loneliness associatrd with sighi loss. Our emphasis is around health and wellbeing supwrt. Our Yisual awareness training also remain5 a Service that people find extremely useful, educational, and fllifilling. Our activities are rnany, some of which are listed below togethei with statistics covering the period l (ktober 2024 to 3 1 March 2025= Adult Referrnls.- 41 D Childr¢n's Referrals.. I I Adult Assessments.. 274 Children's Assessments (Knowsley only)- 5 Children's Habilitation 5¢ssions (tnobility only).. 18 Adult Rehabilitation Sessions.. 876 Activities of Daily Living (ADL): 185 Mobility.. 2 18 Communications.. 163 Assistive Technology= 60 Low Vision Assessments (LVA): 138 Reviews.. 47 Toial number of piKes of equiprn¢nt i55ucd: 595 Benefit Support Number of ￿Ople suptx)ned.. 88 Total increas¢ in annual in¢omes'. £263.782 People suprrt)rted by ECLO'5'. 1157 We would like to acknowl¢dg¢ and thank th¢ fLtnders, donon and other supw>rters who have helped us mainiain Bradbury Fields through this period. Key partneTS including LiveTty)ol City Council and Knowsley Council have. (hrough iheir commissioners, been extremely supportive. which has en)bl¢d us to Continue io meet the ttquirements of our slaiuiory coniTacts. We are also grateful to Th¢ National Lottery. who hav¢ extended their supwt to our Health and W¢llbeing activities for a f￿rther four years. W¢ would like to thank our many community Supwjrte￿ whose contributions aTe neyer taken for granled. We would also like to ihank all those who work us, eith¢r a5 paid staff or volunteers. A5 ev¢r, we want thern to know how hugely valued they are by the board of trustees and, Inde￿ by our service users. radbu Fields-Service5 for Blind and Partiall Si hted Peo I Re rt of the Trustees for the Six Months Period £￿ded 31 21125 Finaneial review As statsd abov¢, since l October 2024 our seThices have been delivered through this company. These accounts reflect the op¢ning position for Bradbury Fields on l October 2024 (following separation from Catholic Blind In51itule ai 23..59 on 30 Septemb¢r 2024k and our results for ihe 6 months to 31 March 2025_ There was a deficit for the 6-monih period of £3,1￿. Incom¢ for the peri￿ was £574.879. Expenditure for the period was £578,039. As a result of these movements. funds held at the year*nd totalled: Unrestricted Fund £1.283,483 Restricted Fund £57,873. The key figures are shown below comparing the period ended 31 March 2025 with those figure5 from the previous period to 30 September 2024. 2025 2024 In¢ome Expenditure Deficit Bank & Cash Net Assets 374.879 578.039 13,160) 495262 .341,356 445,473 1.344,516 Reserves policy The trustees overdll kim of the reserves FrfTrlicy is to cover tothl ¢xpenditure for a period of three months which is pr¢dO￿lnantIY to cover salary costs and, also. to cover ad-hoc maintenance and capital expenditure which occurs outside of board approved budg¢t cosis. Although the balance sheet shows that there were iotsl uTrrestrided fijnds of £1,283,483. as at 31 March 2025, of which £832,932 represents unrestiicted fixed assets and investmen1¥ none of which 15 available to the trustees to defer ongoing running Costs. This leaves £450,551 free expendable reserves whith ¢quate5 to apwoximately 7 monihs of unrestrict¢d expeEJdiiure. Fundraising Approacb Members of Brddbury Fields. fundraising d¢partmeni orgarti5c fundraising events and co-ordin&ie the activities of our supporters both in th¢ organisation and the wider community. We do noi use pn)fessional fundrai5er5 Or involve commer¢i81 participators. There have been no complaints about fundraising activiiies this year. We ensure our siaff and volunteers comply wilh fundraising and other regula(ory bodies. l¢gislation and besi practice, including The Fundraising Regulator, Institute of Fundraising. Charity Commission, and the Gambling Colnm￿sSI0n. Our staff and volunteers rec£ive training and attend COUTses and have r¢gulAr support and supervision mtttings with line managers. All direct maTketing 15 undertaken by the fundraising department to en5ur¢ thai it is not unreasonably int￿siVe or persist¢nl. All marketing material also contains clear insiNctions on how a person can be rejnoved from mailing lists. Bradbu Fields-serviees for Blind and Partlall Si hted Peo le R¢ rl of the Trustees for the Six Monlhs Period Ended 3 areh 2025 Risks The trusiees have assessed the major risks io which the charity is expo%d and are satisfied that systems are in place to mitigate these. The trustees have a duty to identify and review the risks to which ihe charity is extM)sed and to ensure appropriate controls are pul in place to provide reasonable assurance against fraud and error. This is overseen by the organisation's finance and General-PU￿0$e Committ¢¢. Plans for the future The trust¢es have referred io the advice contained in the Charity Commission's generdl guidance on publi¢ benefit when reviewing our aims and obj¢ctives. and when planning fU￿re adivities. The mistccs have u)nsidered the specific public benefit guidance relating to the advancernent of health, and ihe relief of thosc in need by reason of disability. We strive for an eihos of continual improvement. We focus on learning from both wsitive and negative experi¢n¢¢s alike. ensuring that we liMen ro those living with sight logs. We aim to enhan¢¢ our offer for: Sports and phy55cal activities. Learning and volunteering Op￿rtUnItIeS. Peer and social supw)n groups. As5iStiYe technology training. Use of both Tnainstream and specialist smart and ￿t￿M￿n]l*10n *chnology. Not only do we want to offer a %n51Jry loss service ihat is sector-leadin& but we also want our centre (o remain busy, vibrant and bustling with energy and we want to be engaging with service users within community settings 100, working collabtsrdtively with like-minded people and organi5ations. We continue io review our services on an ongoing basis to ensure we meel the needs of our user% in the modem ever-evolving world. Amongst other things, we are excited for th¢ upcoming launch of our kitchen skills sessions uiilising both specialist and mainsir¢am air fryers and other kitchen equiprneni. We are Committed to working efficiently and ensuring i*st value ai all time5. To support the alx)ve obj¢¢tiv¢s. we have spent considerable time, in (his pericd. considering our marketing and fundraising strategie5. se¢king external advice i)n the latter. and comparing our own fundraising Strategy to that of our p¢¢rs. Based on this research. we will be increasing our inveslmenf in Trusts and FoundatlQll5 fundraising. We have also sought specific advice on our Legacies strdtegy and, b8s¢d on this and our widerrestrarch. hope to launch a Legacies campaign in our next accounting ptriod. We are also looking io recrnit a small number of additional trustee5, to enhance thc skills of our iM)ard. Lo¢21 visually impaired people can re51 assured that our priority is to do what we can lo irnprove iheir lives. Br#dbu Field￿￿¥￿￿5 for Blind and Parti•ll Si httd Peo le Re rt Df Ihe Trust for the Six Month5 Period End March 2025 Structure* governance a￿d ￿•￿agement Bradbury Fields-SerYi¢¢5 for Blind and Partially Sighied People is a registered charity. incO￿orat¢d as a company limited by guaraTrttt. The charity registrdlion numi*T is 222798 and the company registralion number is 00654873. The trusiees. who are also the directOTS for the purp)s¢ of company law. and who Served during the p¢riod and up to the date of signature ofthe financial statements were.. Mr. R Cole. (Interim Chair)-Appointed 10112P4 Mrs G Bounds Mrs J Collins Mrs N Ditchfield* Mr M Hughes-Paton' Mrs. J. Lee* .Appoint¢d 11112124 Mrs. A. O'Brien-Appointed 10112124 Mr R Phillips Mr W Roberts Mrs S Tumham *Visually impaired person The triistees are sad io announ¢e the loss of Morgafft Guppy during the period of these acwunts. Margaret was one of our longes( 5¢rving trustees. made wonderful contributions to both the Charity and the Board of Trustee5, and her passing has been a huge loss to us all. We are also Sad io announ¢¢ that Edward Robin50n, who was fomieTly our Treasurer and another long-serving trustee, has chosen io step down from the Bo8rd, but we ihank hitn for his sup￿)rt, and wish him the ￿$t for the fvture. Recruitment and appointment ol new tr115tees As set out in the Articles of Ass(Kiaiion ihe m]5trts may appoint one of ther numbers to the Chair. One third of Éh¢ trustees shall retire annually by rotation but may be reappointed. All members are circulaied with invit2tions io nominale trustees prior to the Annual Gen¢ral Nqeeting (AGM) advising thern of the reiiring Irusltts. When considering the appointment of trustees, the Board has regard to the requirement for any specialist skills needed. The (rustees may at any lime co-opi any person duly qualified to be appointed a5 a trustee to fill a vacancy in their number or as an additional tnjsttt, but a ¢￿0pted irustee5 hold office only until the nexi AGM. Induction and training of trustees Poieniial trustees attend meetings of ihe Board for a peri￿￿ io enabl¢ them to meet cxisting trustees and to become familiar with Ihe COmTnittee and decision-making processes, the business plan and receni fi1)ancial perfomance of the charity. During ihis time, they are also made aware of their legal obligations under charity and cornpany law and the content of the M¢morandum and Articles of Association before being fonnally appointed. OrgAnisatlOD815trueture The charity is admiT]isiered by a Board of Truslee& which should noi b¢ lesg than five meinbers but (unless otherwise d¢iennined by ordinary resolution) shall not be s￿bj￿Ied to any maxirnum. The Board will meet at least quartcrly. A Chief Executiv¢ is appointed by the twste¢s io manage daY-t￿daY operdtiOll5 Of the chariry.. To facililate effective operations. the Board ha5 delegated authority to the Chief Executive for all operntional rnatters including finance. training and etnployment, production, re(ailing and logisiic5. Th¢ organisation also has a Finance and General-Purpose Sub Committee in place. f rthesi ollth5 Pe R¢m¥nerAtlon poli In 2013, our salary S¢￿t$ wtte iDitially ￿id b&wd upon the N*ional JointCouDcil NJC sca]¢s r￿08n1$ed for this industry. However. since then. th¢T¢ ha5 been a diYergenc¢ due io th¢ cbarity mly able tomake pay ¥wards in line with its. fiDan¢ial Rel*ted ￿rtIeS Th¢ trustees ore diligenl 41 ihc appoiL)ImeJrt sta84 in th¢iT appmach kn the Tccruiimen¢ of mLStcu and ¢kGlarztioni and PDlcnlial conflicts of interest. Funhermore. thc has a ￿l1¢Y io update and amend any subsequent ¢hanges to ttustee ODd rnanag¢m¢nt declarations of inTrre￿. ￿ as to ¢l¢ady idttjtify ￿ential ihird-party Tela¢¥onship risks. Our t¢lalioThships wilh third party OTganLsation5 8r¢ di5Guwd, appTov¢d. and m￿ltOr￿ at iM)ard levd with appmpriate MemoraThdums or (￿traCtUal arrang¢m¢nts being wt in place. Wh¢r¢ rquired. addIt￿nal professiertal a￿1 Icgai adwcc is thkerL Attditor In accordance wilh ih¢compthy's articJe5. aT¢soIuiRoD prop)sing thal Alex*Jder Myer50n & Co Limit¢d be re¥ppointed &8 ditor ofth¢ ¢haTity will bc N forward w Anmthl Gelltt￿ Mttting. Dhelosllre of illfom•tlo• to *ydltor Eath of ihe trustees b¥ confirmeil that t1￿¢ is no infornMtioll ofwhith fhty" #r¢ aware which ss relevant to Ihe audit, but of which the auditor is unaware. They have furthcrconfjmied that iho. hav¢ tsken appwriate srtP5 to thiiify 5u¢h Jtlevartl inforniatioll atld to ¢5tabiish th￿ the auditor aware such inf￿￿10￿. Srn*U prnwisiorts This r¢port has be¢n prepared in ac¢ordLnce with th¢ special pmisions relating to sm2111*mp8nits wilhin Part 15 of th¢ Companies Act 2006. On bthalfof the board of trusttes Trustee Mr. R Cob (In￿rin Cl4ir) D* Br*dbu Fields-services for Blind and PArtial hted Peo St41ernent ofT ror the Six Mo Res 011sibililies e iod Ended 31 March 2025 The trustees. who are also direciors of Bradbury Fields-S¢rvi¢es for Blind aThd Partially Sighted People for ihe purposes of company law a￿ responsible for preparing the Report of th¢ Trustees and the financial slatements in ccordance with applicable law and United Kingdom A¢¢ounLing Standards (Uniied Kingdom Gen¢rally Accept£d Accounting Practice). Cotnpany law requires the trusrees to prepare financial smements for each financial year which give a tswe and fair view of the state ol affairs of ihe Charitable compan), and of the incoining resources and applicalion of resource% including the in¢ome and expenditure, of the charitable company for that ￿ri{￿J. In preparing those financikl stat¢ments. the trusi¢es are required to s¢lect suitable a¢¢ouniing policie5 and then apply ihern consislentty. observe the methods and principle5 in the Charity SORP: make judgements and estimates that are reasonable and Prudent- state whether applicable accounting sthndards have been followcd, 5ubje¢t to any material departures disclosed and explained in th¢ financial statements. prepare the financial stalements on the going concern bL%iS unless li is inappropriate to presurne that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records whi¢h disclose with reasonable accuracy at any time the finanrial position of the charithble company and to enable them io ensure that the financial stsleinents comply with the Companies Act 2006. They are also responsible for safeguarding the assets of Ihe cliaritable company and hence for taking reasonable steps for the prevelltion and detection of fraud and other irregulJritie5. Re orl of the Ind¢ end¢nt Audit r5 to the Trustee$ of Bradb Fields-Servic¢s for Blind Parliall Si hted Pto le Opinion We have audited the financial statements of Bradbury Fields-services for Blind and Partially Sighted Peopl¢ {the 'ch&ritable company,) for the period ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheei. Statement of Cashflow and noies lo the financial siatements, including a summary of 5ignificanl a¢¢ouniing policies. The financial reporting framework that ha5 been appl￿d itk their preparation is applicable law and United Kingdom Accounting Srandards (United Kingdom Genernlly Accepted Accounting Practice). In our opinion the financial stateJnents= give a true 2nd fair view of the slat¢ of the chariry's and charitable companys affairs as at 31 MaTch 2025 and of the charity'5 incoming resources and application of resour¢e4 in¢luding its income and expenditure, for the )iear then hav¢ been properly prepared in a￿ordanCe with United Kingdorn Genernlly Accepted AccountiDg Practicc. and have been prepared in accordance with the requiremenrs of the Componi¢s Aci 2006. Basis for opinlon We conducted our audit in accordance with Intemaiional Standards on Auditing (UK) {ISAs (UKI) and applieable law. Our rcsponsibtlities under those standards are further described in th¢ AuditDrs' responsibilitie5 for the audii of the finan¢ial Statements section of our report. We are indep¢nd¢ni of the charitable company in accordance with the ethical requireMeDlS that are relevant to our audit of the financial stat¢m¢nts ill the UK. including th¢ FRC'S Ethical Standard. and we hAV¢ fulfilled our other cthical responsibilities in accordan¢¢ wilh these requirements. Wc believe that the audit evid¢n¢e w¢ have obtained is 5ufficieM and appropriate to provide a basis ((K our opinion. Coll¢lu$lons relating to going toneern In audititi8 the financial slatements, we have concluded that th¢ tru5tees' use of the going con¢¢m basis of accounting in the preparalion of the financia] statements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relaiing io evenis or conditions thal individually or collectivety, may cast significant doubt on the charitsble company's ability io continue as a going oncern for a Peri￿ of at least ￿e1ve months from when the financial sratemenrs ar¢ authoris¢d for issue. Our responsibilities and the reswnsibilities of the try￿eeS with respect to going concern ar¢ d¢scribed in the relevant sEctions of this re￿Trrt. Other information The trustees are responsible foi the oiher infonmation. The other inf0m)￿10Th comprise5 th¢ infornia(ion included in the Annual Report, other than the financial staiements and our Report of the In(kwdent Auditor5 thereon. Our opinion on the finan¢ial siatemenls doe5 not cover the other information and. ¢xr¢pt to the extent otherwise explicitly stated in our r¢rrt. we do not express any form ofassurance conclusion th¢reorJ. In connection with our audit of the financial siatements, our responsibility is to read the oth¢r infomiation and. in doing so. consid¢T whether the other information is materially inconsistent with the financial statement5, or tsur knowledge obtained in the audit or otherwis¢ appears io be Inaterially misstated. If we identify such material inconsistencies or apparent Tnaterial Illisstatements, w¢ are ￿qUIred to deterniine whether ihis gives rise to a material misstatement in the financial Statements ihemselves. If, based on the work we have perfornied, we conclude that ther¢ is a material misstatement of this other infomiation, w¢ are rquired to report that fxct. We have nothing io report in this regard. Oplnions OD other matters prescrib¢d by the Companies Act 21NJ6 In our opinion, based on the work undertaken in ihe course of the audii.. thtr inforn)ation given in the Repon of ihe Trust¢es for the financial y¢ar for whi¢h the financial stateinents are prepared is consistent with the financial statements- and tILe Report of the Trustees has been prepared in ￿￿ordance with applicable legal reouirem¢nts. Re Bradbur ort of the Inde endenl Audilors to Ihe Trustees of Fields-Servffice5 for Blittd and Partiall S. hted Peo Matters which we are required to report by eycep¢ion In the light of the knowledge and undet5tandillg of ilie charitable company and its environment obiain¢d in tlie course of the audiL we have not identified mal¢rial missiaiements in the Retrfjrt of the Trusiees. We havc nDthing io report in resped of the following mam wh¢re the Companies Act 2(MJ6 requires us to report to you if, in our opinion.. adequate accounting record5 have not been kept or r¢turns adequate for our audit hav¢ not been received from branches not visited by us.. or the financial staiements ar¢ not in agrttrnent with the a¢¢ounting recordsand returns. or certain disclosures of trustee5' remuneration specified by law are noi made. or we have not received all the inforn)aiion and explanation5 we iequire for our audit. Responsibilities of trustee5 As explained more fully in the Statement of Tru51ees' Responsibilities. the trustees (who Are also the directors of the charitable company for the purp)ses of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control Ès the trllstees detennine is necessary to enable the preparation tsf ftnancial siaiemenrs that are free fll)m maierial misstatement, whether due to fraud or error. In preparing the financial statements. the trustees ar¢ reS￿nsIble for assessing the charitable company's ability to Continue as a going con£em, disclosin& as applicabl¢, matteT5 related to going concem 2nd using ihe going concern basis of accounting unless the in]stees either inlend to liquidatr the charitablc company or to cease operations, or have no ￿a1]stiC alternative but to do so. Our responsibilities for the audit of the fiDancial 5tgtemellts Our objectives are to obtain reasonable assurance about wheiher the fin8n¢ial stai¢ments &8 a whole aTe fr¢e from tnaterial misstalement, whether due to fraud or error. and to issue a Report of the Independent Audifors that includes our opinion. Reasonable assurance is a high level of assurance is Dot a guaran(ee that an audit conducted in accordance with ISAS (UK) will always ddect a material mi5sratemeDt when it exists. Misstatemenls can arise from fraud or error and are consi(kred material if. individually or in the aggregat¢, they could reasonably be expected to influence tlie ecoAomie decisions ofuser5 taken on the b￿1$ of these financial stst¢ments. The extent to which our procedure5 ar¢ capable of deiecting irregul#riti¢s, including fraud is detailed b¢low.' As part of de51Ening our audiL we determined materialiry as5e55ed the risks of material Inisstatement in ihe financial statements, including how frdud may occur by enquiring of n￿nd8¢￿ent of ils own consideration of fraud. ln particular. we looked where management made subjective judgements for example in respect of significant accounting estimate5 that involved making assumptions and considering future ¢vrnts ihai are inherently wicertain. We also considered potential financial or other pressures, oPpo￿nIty and Diotivalions for fraud. As part of this discussion we identified the intemol controls eslabli5hed to mitigate risks relaled 10 fraud or T]oncompliance with laws and regulations and how manag¢ment monitor these processes. Appropriate pr￿edureS included ihe teview and testing of journals and key estimaies and jlldgemenis Inade by managemeni. We gained an understsnding of ihe legal regulatory framework applicable to the wmpany and the industry in which it operates and considered th¢ risk of acts by the compttny that were in breach of thes¢ law5 and regulations, in¢luding fraud. W¢ made enquiries of management with regard5 to eompliance with the atrf)ve laws and regulalions to ensure that there were no breaches. A5 part of our Audit we perfor￿ed Sample testing, agreeing the financial siakments disclosures to underlying supporting documentation and enquiries with managemenl. We did not identify any key audit matters relating to irregularities. including fraud. We addressed the risk of managemcnt override of internal controls including tesling journals and evaluation whether there was cvidence Df bias by the director5 that iepresenied a risk of material misstaiemeni due to frdud. Our audit proccdures were designed to respond lo risks of material misstatetneni in the financial staleiments. recognising that the risk of not deteciing a material Misstate￿tRI due io fraud is higher than the risk of not detecting one resulting frotn etror. as fraud may llivolve deliberdle cOn￿1￿C￿l. A further description of our responsibilitie5 for the audi( of the financial statements is located on the Financial R¢porting Council's website ai www.frc.or8.uklauditorsiesEKTrnsibilities. This d¢s¢ripiion fom)s part of our Retx)rt of the Independent Auditors. R¢ Bradbur ort of the Indc eTrd¢lll Auditors to thc Trustees of Field5-Scn'ices lor Blind 2nd Partiull Si hled Peo Use of our report Thks iepon is niade 501ely io ihe charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken 50 that ive mighi stste to the charitable company'5 members those Tnatters we are required to state 10 them in an auditors. report and for no other purpose. To the fullest exieni permitted by law. Ive do not accept or assume responsibilily io anyone other than the charitable company and th¢ charitable cotnpany's menibers as a body. for our audit ivork, for Ihis repon. or for the opinsons ive have forined. Paul Burn5 Bsc Hons BFP FCA (Senior Siaiuiory Auditor) for and on behalf of Alexander MyeTson & Co Limited Istatutory Audi(or) Alexander House 61 Rodney Street Liverpool Merseyside LI 9ER Dat¢.. P1¢gL 10 Bradbu Flelds&rvices for Blind Partiall S. hted Peo Statement of Finanei*l Activiti¢5 Includin Income and Ex enditure Accounl ror Ihe Imothths Period Ended 31 ,March 2025 Unre5tritttd Funds 2025 Re5tri¢ted Fullds 2025 Ineome from: Total 2025 Total 2024 Donations and legacies Charitable Activities Other trading activilies Investments 76.890 465.736 24.907 2,346 76,890 470,736 24,907 2,346 5,000 Trtuliiieome 569.879 574 879 Expenditure ott . Raising fund5 ch￿ilable activiti¢S 419.633 101.306 520.940 Total expendliure 476 732 101306 578 039 Nel H￿Ven￿li1 Inftsnds 93.147 (96 J06) (3,1(JO) Trnnsfer Catholic Blind Instituie 1,344,516 Fund balances Iiior24 1,190,337 154,179 1,344.516 Fund balances 3 In125 1341356 1344516 Pacre I I imd hted nce Shet 31J.25 Total funds 30.9.24 Total funds FIXKD ASSETS Intangible &8sets Tangible 4s%ts 13 14 1390 3.770 839213 832.932 842,983 CURRENT A&SETS Stock Debio Cash al bM)k and in h8￿j 13,689 71.920 13.597 61.587 445.473 15 580.871 520,657 CREDrroRS Atnowi¢S f411ing du¢ wtthin otte y 16 (71447} {19.1241 NET CURRENT ASSETS 508 424 501 533 TOTAL ASSETS LE&S CURREr LIAiJILITIES lJ41.356 J J44.516 CREDm)RS Amounts falltng due afteE m¢)Te than on¢ y¢ar NET ASSETS 341356 1344516 FUNDS UThrestricled (UT￿$ Restricted funds 1.283,483 57,8TJ 1.190.337 154.179 TOTAL FUNDS 134] 356 1344516 The fin8nci81 s￿¢M￿lS wcre ?ppYoved by th¢ BO￿ of TTusl¢£s Ind *thhotised for issu¢ on .. aThl were signed on its behalf by". TnLSt¢e Mr. R Cole Company rtgistr*ion number.. 00654873 11)e >ioies lorni part ol-Ilie5e IiiiJn¢ial siiiemeiils r2dbu Fields-scrvices for Blind and Parti•ll Si State￿en1 of CashfloH' ded 31 Mareh 2025 hted Peo ror the Sii Months Pe Note 2025 2024 Cash IIow5 from operations activitles C4$h generated frnm oper4lioN$ 20 55.331 445,473 Investing aetivities Purchase of fixed as5¢ts Interest received (7,888) 2,346 Net increase in cash equivalent5 49,789 445,473 Cash at beginning period 445,473 Cash at end of period 495.262 445.473 -li¢ n(TriL5 IoTni P. the intangible asset arises froin th¢ contracthal or other legal rights- and the intsngible is separate from the entity. Arnortisalion is r¢wgni5ed so as to write olTthe cost or valuation of assets less their residual values over iheir seful lives on the following basis. Intangibles - oyer 5 yvdrs The gain or105s arisin8 on ihe disposal oran assei is deierniined as thc difference ￿tWEen the sale proceeds and Ihe carying value of th¢ wet and is recognised in net incomeJ(expenditure) for the year. Tan%ible fixed 8sset5 Depreciation is provided 4t the following annual rates in order to write off each a5sel over its ¢stimated useful life. Land and buildings Improvements to property Fixtures and filting5 Motor vehicles Office equipmenr over 100 years ov¢r 100 years 5Ya straighi line 25/0 slrnight line 25/0 slraight line Tangible fixed assets are initially measuJEd at cost and 5vbsequently measured at C051 or valuation, nct of depreciation and any impaimient losses. Brgdbu Field5-Serviees for Blind and Parli#ll Si hted Peo le t to the Financial Statements- continued ix Months Period Ended 31 March 2025 ACCOUNTING POLICIES- contlnued Impairnient of fixed assets At each reporting end date, the Charity reviews the carrying amounts of its rangible and intangible assets to determin¢ whether there is any indication thai those assets have suff¢red an inipairmeiit loss. If any such indication exist5, the r¢coverdble amount of the asset 15 ¢sIiTnated in order to determine the extent of ihe impairnient loss (if any). Stoeks Stocks are stated at the lower of cos( and estimated selling price le55 cosrs to cornpl¢te and sell. T&xation The charity benefiis from various exemptions from tsx legislation affonled by tax l¢gislaiion and 15 not liable to ¢otpordtion tax on incoine or gains falling within those exernptionk Recovery is made of tax deducted from qualifying income and fro￿ receipts und¢r gift ai Leases Rentals payable under operating leases, including any l¢a5e incentives received, are charged as 8n expense on a Straight-line basis over th¢ tern) of the relevant lease. Financial InstrMment$ The charity has elected to apply the provisions of Section I I 'Basic Financial Instrument5, and Section 12 'Other Financial InStrum￿ts Issues, of FRS 102 to all of its financial instrument5. Financial insiruments are recognised in the charity's balance shtti when the Gharity becomes party to the contractual provisions of the instrumenl. Financial assets and liabilities are offsel. with the net amounts presented in the finan¢i#l statemenls. when there Is J legally enforceable right to set off Ihe Tecognised amounts and there is an inteniion to settle on a net basi% or to r¢4lise the asset and settle the liability simultaneously. Busi¢Jlnanciffl ussets Basic financial assets which include debtor5 and cash and bank balance4 are initially In¢asured al transaction price inrluding transaction costs and are subsequently carried at arnorti5ed cost using the eff¢ctive interest meihod unless the arrangemeni con5tilutes a fiDancing transaction is measured ai the present value of ihe future receipt5 discounted at t markd rate of interesi. Financial assets classified as receivable within OnE year are not amortis¢d. Bdsicfinoiiclul lillbiliil Basic financial liabilities, including Creditors and bank loans are initially recognised at ¢ran5action price unless the arrangement constitutes a financing transaction, wh¢re the debi instrument is measured at the pres¢nt V21u¢ of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt in5trwnents are subsequently Ca￿l￿ at amortised ¢054 using the effective interest rate tnethod. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operaiions from suppliers_ Amounis payable are classified as curreni liabilities if payment is due within one year or less. If not, they are presented as non-current liabiliiie5. Trade crtdiiors are recogniswj initially at transaction pri¢e and subsequently mvasvred ai amoni5¢d cost using ihe eff¢Gtive inieresi in¢thixl. Bradb Fields-serviees for Blind and Pirtiallv Si hted Peo Notes to the Finaneial Statement5- Continued (or Ihe Six Months Period Ended 31 March 2025 Accouf4TING POLICIES-conlinued iiiuiiel&lliabililie5 Der¢cogiiliion off Finanrial liabilities are derecognised wh¢n ihe chafiry's contyactual obligations expire or are discharged or cancelled. Critical accountlng estimates and judgements In application of the eharity's accounting policie4 the twsttes are required to make judgements, ¢stimate5 and assumptions about ihe carrying amount of assets and liabilities that arc not readily akwarent from the other sources. Th¢ estimates and associated assumption5 are based on hisrorical experience and other factor5 thai are onsidered to b¢ r¢levani. Acwal results may differ from these esiimare5. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates gre recognised in ihe period in which the estimate 15 r¢vised where the revision affecis only thal period, or in the period of the r¢vi$ion and future periods where the r¢vision affects both ¢UTrent and future peri￿1$. DonatM)ns legAeies Unrestrieted Restricted Total Donations and gifts Legacies receivable Grant income 32.570 41,072 32,570 41,072 Charitable aetivities UnrestTlCted Restricted Total Services provided under contract Charitable rental income SeTvice useT illroTne Club income Other income 396,714 57J53 8,506 2,481 681 396,714 57,353 8,506 2,481 5.000 465 736 470 736 5. Other tradlng aetivitie5 Unre5tri¢ted Restricted Tot41 Merchandise income Bistro income 1,683 1,683 24.907 6. Investmeuts Unrestricted Restricted Total Interest receivable Bradbur Fields-serviees for Blind and Partiall Si hted Peo Note5 to the Financial Siat¢ments- conlinlled ffjr the Six Month5 Period Ended 31 M4rch 2(b25 7. Raising fund5 Unrestrieted Unrestrlcted 2025 2024 Staff costs 16,482 Fundraising costs 342 16,824 Tradin costs Retail expenses 1,499 Bistro costs (supplies) 13.462 14.961 Bistro staff 57,099 8. Charitable activities 2025 2024 Staff cosis D¢precialion R¢pairs and maintenance Clu17 costs Motor and travelltng Adverts and subs Insurance and utilities OtTice cosis M¢eting expenses Oiher costs Shared services costs 214.867 17,939 49.195 6.109 12,849 485 29,148 24,063 219 1,929 55.380 412.183 Share supp)rt costs- staff costs 74.684 Governanc¢ costs Audit Professional fees Bank charges 8,506 23,666 1.900 34,072 520,939 Split by fund UnrestTiCted Rcstricied 419,633 101,306 520,939 I¥Li IX Bradbu Fields-servie￿ for Blind 3nd Partiall Si hied Peo Notes to the FiTraneial Statem¢nt5- Colltinued f r the Six Months Period Ended 31 Marclt 2025 FINANCIAL INSTRUMENTS 31.3.25 30.9.24 Carrying amount orringncial assets Debt instruments measured al amorrised cost 567.184 507.060 Carrying afftount of financial liabili¢ie5 Measured at amortised cosi 19,124 10. AiJDITOR'S REMUNERATION 30.925 30.9.24 Audit of the charity's annual accounts EMPLOYEES Number of employee5 The average Tnonthly nUM￿r of employees during the year was.. 21125 rlumber 22 2024 Number Charitable Activities Fundraising Catering Administration 30 Employment Costs 2025 2024 Wases and salaries Social Security cosis Other pension costs 298.368 18,997 13.9f2 331347 There were no einployees whose annual remuneration was 60,(KKI or more. The above figures r¢present a 6-Tnonih period. Bradbu FIeld￿￿rYi£eS for Blind and P&rtio11 S. hted Peo le Notes to the Financial StatemeNts- continued for the Six Months Peri(Ml Ended 31 March 2025 12. TRUSTEES, REMUNERATIOiY AND BENEFITS There were no irustees, remuneration or other benefits for the peri¢)d ended 31 March 2025 nor for ihe year ended 30 September 2024. Trustees. expenses There were no trusiees, expenses paid for the period ended 31 March2025 nor for ihe year ended 30 SepteM￿r 2024. Key management personnel are those persons having authority and re5pon5ibility for planning. directing and colltrolling thE iiclivilies of the Charity. They consisi of the CEO and deputy CEO. The aggregate cosr of k¢y nianag¢menl remuneration was £51,107. 13. INTANGIBLE ASSETS Intangibles COST At l October 2024 At 31 March 2025 AMORTISATION Ai l October 2024 Amortisation charged for the peri(xl 10,030 1,380 At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 30 S¢pl¢mber2024 3.770 Bradb Fields-serviees for Blind And Partial hlt(I Peo Notes to the Financial Statements- continue for the Six Months Period Ended 31 M•reh 2025 14. TANGIBLE FIXED ASSETS Improvements to property Fixtures Land and Buildings Motor vehicles fittings Totals COST At l October 2024 Additions 860.475 221.326 144,3(Kl 7,888 119,450 1,345,551 7,888 At 31 March 2025 860 475 221.326 152.188 119450 1353.439 DEPRECIATION At l October 2024 Depreciation charged iii period 172.948 4.378 126,883 4,114 139.592 2,537 66,915 5,530 506,338 16,559 At 31 Moreh 2025 177 326 142 129 522 897 NET BOOK VALUE At JJ March 21125 683 149 90.329 830,542 At JO Septejnber 2024 The property 15 held on a long leasehold (999 years) on the proviso the charity uses the propeny for the training of visually impaired people in the use of guide dogs as an aid to mobility and all related reh8bilitstion services. 15. DEBTORS 31.3.25 30.9.24 Trade debtors Prepayments 68.308 3.612 61,587 71.920 Bradbu FIeld￿ServICes for Blind and Partial hled Peo ote5 to Ihe Financial StAtemeDts- corttinu ror the Six Months Period Ended 31 Mlreh 20 16. CREDITORS.. amount5 falling due within one year- 31.3.25 30.9.24 Trade creditors Other cr¢diLDrs Accruals and deferred income Other taxation and social security 44J16 3,347 14,539 13.823 2,301 3.000 17. OPERATING LEASE COMMITMENTS Lessor The opernting leases represent leases to third panies. The leases are negotiaied over temis of I to 15 years. All leases in¢lude a proYi5ion for five-yearly upward rent reviews according to preyailing maTkei conditiOll5. There are no options for either party lo extend the lease temis. At the reporting end date, the charity had contrncied with tenants for the following minimum lease payments.. 31.3.25 30.9.24 Within on¢ year Be￿e¢n Iwo and five year& More than five years 68.677 246.627 175 744 68.677 271,185 219680 491,048 559,542 18. MOVEMEf4T IN RESTRicfED FUNDS 11ior24 Ineome Ex nditure 3113llS Lottery AVC Clubs Training kitch¢n Sports CooTdinaior Cikass Sinking fund T Pocklingion 40.066 26,125 33,0 5.820 23,718 21283 4,167 (40,0661 (26.125) (12.068) (5,820) (8,019) (5,041) (4,167) 20.932 15,699 21342 5,000 154.179 (101.300 57173 )? Bradbu Fields-S¢rYice5 fDr Blind #nd Partiall S. hted Peo le ot¢5 to the Financial St8ttments- Continued for the Six Months Period Ended 31 March 20 18. MOVEMENT IN RESTRICTED FUNDS (CONTINUED) Lottery Futhding towards our health & wellbeing projeci inCOTEM)rating volunteering opp)rtunities and a range of aclivities as part of our 'Be active with sight Ios5 '0ffer. These activities range from social gTOUP¥ peer suprM)rt gTQUP to braille and creaiive groups and sportg and physical activities. Salgry for Sports Coordinator The fund provides a contribuiion towards the salary for the Sp￿ts & physical activities co- ordinator. Training Kitehen This funding is for the refurbi5hrnent of a kitchen spare within The Bradbury Centre to be fully accessibl¢ as a training kit¢hen for blind And partially sighted seTrice users. This project also includes w>p- up catering siations including acc¢ssible kitchen equipment for the provision of accessible cooking sessions both for individuals aiid for small groups. Thi5 incorporates lived experience peer support in to the word of independeni living and kitchen Skills. The project will be delivered by both staff and volunteers. AVC Clubs Funds towards wage costs volunieer expen5¢s and aswciated costs for the Tunning of our active vision clubs. Our Active vison club5 offer trJn5POrt and a rang¢ of activities in a safe and 50ci81 ¢nvironment for the mo51 isolated of our visually impaired service us£rs from ritht acr055 Merseyside. CIKAssTech CIKAssTech stands for communication key- Assistive Technology and is a project to develop services focussing on the use of communication, a5SiStiYe and smart technology to enhance the lives of blind and partially sighted peopl¢. rad Fields-services for Blind and P*rliall S- led Peo le lotes to the Financial StatemeTht$- eontinued for tthe Six Month Period E d l Mareh 2025 19. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unre51rhrted restricted 3113125 2024 Iniangible fixed assets 2.390 2.390 3.770 Tangible fixed assets 830.542 830,542 839,213 Current assetsl(Liabiliti¢s} 450.551 57.873 $08,424 501,533 1283.483 57,873 lJ4J,356 1,344,S16 20. Cish generated from operations 2025 2024 Deficit in period {3.160) Adju$tments for . Investment in¢orne (2,346) Depr¢ciation 17,939 Movements in WOTking capttal (increa5el in stocks (92) (increas¢ydecrease in debtors (10.333) Incrvdselldecrease) in cr¢ditors 53.323 Transfer CBI cash 445,473 Cash Beneraled 55.331 21. RELATED PARTY TRANsAcfioNS There wer¢ no related party irdnsactiolls during the ￿riod.