||Names ofthe charit|y trustees who mana|y trustees who mana|ge the charity|||| |---|---|---|---|---|---|---|---| ||Trustee name|Office (ifany)||Dates acted ifnot for whole
ear|Name
to a|ofperson (or body) entitled
oint trustee
ifan|| ||The Baroness|President|||||| |1|Fookes of||||||| ||Plymouth
DBE DL||||||| ||Mr. Fuad Feddo|Chairman|||||| |3|Mr. Alan Forrester|Honorary|treasurer||||| ||Mr. Glyn Durrant|Membership|||||| |||secretary|||||| ||Names ofthe trustees for the charity,|Names ofthe trustees for the charity,|Names ofthe trustees for the charity,||ifany, (for example,|ifany, (for example,|ifany, (for example,|any|custodian|custodian|custodian|trustees)|trustees)|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Name||||Dates acted if not for whole|||||||ear||| ||THE BARONESS FOOKES|||||||||||||| ||FUAD FEDDO|||||||||||||| ||GLYN DURRANT|||||||||||||| ||ALAN DAVID FORRESTER|||||||||||||| |Names and addresses
ofadvisers||(Optional|||information)|||||||||| |T|eofadviser
Name||||Address|||||||||| |Bankers
CAF Bank Limited|||||25 Kings||Hill Avenue||Kings|Hill|West||Mailing|Kent ME19| ||||||4TA|||||||||| |Independent
Examiner
Mr Simon||Lukies|||34/36|Fore St, Bovey|||Tracey, Newton||||Abbot|TQ13 9AE| |Name ofchief executive or names||ofsenior|||staff members
(Optional||||information)|||||| ||W
~
e||||~ ~||||||~
A||R|| |De|scription
ofthe charity's trusts|||||||||||||| ||Type ofgoverning
document
Written||Constitutions|||1975,2007||and|2008|||||| ||.,'-ci. tiifat BBc "I cori, iltlli'ion
i|||||||||||||| ||How the charity is constituted
Trust|||||||||||||| ||i eri,
iriuai, ', asscciatioii
coaiipaiiyl|||||||||||||| ||Trustee selection methods
Appointed|||by the Trustees||||||||||| ||i=.c!.apUoiilte'. 1 l3'j
c~l~cte!i i''j)|||||||||||||| ## |major|risks and|risks and|the system|the Charity
by the Committee.| |---|---|---|---|---| |and procedures|||to manage|| |them.||||Under the terms of the risk management
policy adopted
by the Trustees,| |||||the strategic operational
and financial
risks to which the Charity is| |||||exposed are evaluated
on a continuing
basis and appropriate
systems| |||||have been put in place to mitigate
any major risks which are identified.| |||||The Trustees are satisfied that this policy is sufficient to identify those| |||||risks on a timely basis and to ensure that appropriate
action be taken so| |||||as to keep perceived
risks to an acceptable
level.| |a|~|||~ ~| |||||The objects of the Charity
are set out
in its Constitution,
adopted
on| |||||January
22, 1975 as amended
on June 29, 2007 and June 26, 2008.| |||||These
are to
provide
assistance
in
any
form
to current
and
former| |||||patients
alike
of The
Royal
Eye
Infirmary,
Plymouth,
who
are
sick,| |||||convalescent,
disabled,
handicapped,
infirm
or
in need
of support
or| |||||financial
assistance
and
generally
to
support
the
work
of the
said| |||||Infirmary.| |||||The current
activities ofthe Charity encompass
the provision
of specialist| |Summary
ofthe objects ofthe
charity set out in its
governing
document||||equipment
to The Royal
Eye Infirmary,
Plymouth
by way of donation.
These donations
are funded
from donations,
legacies, fundraising
events,
gifts in memoriam
and from income generated
from investments
held for
that purpose.| |||||The Charity also provides
canteen
facilities for patients,
staff and visitors| |||||to the Infirmary.| |||||Officers and Committee
Members
do not receive any remuneration
nor| |||||any payment
for services provided.
Expenses off123(2020 - nil) were| |||||incurred to cover the cost of conducting
business
on behalf ofthe| |||||Charity.| ## |||It
is the
policy
of the
Trustees
to ensure
adequate
funds
for such| |---|---|---| |Brief statement
ofthe||amounts as are appropriate
to provide specialised
equipment
as required| |charity's
policy on|reserves|and
for all future
charitable
requirements.
These funds
are anticipated| |||costs
of circa f150,000 regarded
as
necessary
to
provide
for the| |||estimated
cost of equipment.
It is also the
policy
of the Trustees
to| |||maintain
unrestricted
funds,
which are free reserves,
at a level sufficient| |||to
provide
specialised
equipment
which
may
be
required
in
an| |||emergency
and to secure the continued
provision
of canteen facilities on| |||the premises
for a period of at least 12months.| |Details ofany funds
in deficit|materially|None| |Further financial
review details||(Optional
information)| |You may choose to include
additional
information,
where
relevant
about:
~
the charity's
principal
sources offunds
(including
any fundraising);||In accordance
with
the
Charity's
constitution,
the
Trustees
have
the
power to invest funds
in any investments
that they see fit. However,
the
policy
is to adopt
a low-risk
strategy
whilst
maximising
returns.
The
Trustees
are satisfied
with the performance
of the investments
held and
that the policy adopted
remains
adequate
and appropriate.
The increase
in the quoted
value of the Charity's
investments
since the beginning
of
the year is reassuring.
It is not intended
to make further
investments
until| |~
how expenditure|has|the financial
situation
is more stabilised.| |supported
the key objectives
ofthe charity;
~
investment
policy and
objectives
including
any||The Trustees do not expect any major changes
in the Charity's
objectives
and
charitable
activities
in the
forthcoming
year
and
will
continue
to
provide
an essential
and valued service to the community.| |ethical investment|policy|| |adopted.||| |||-| |||~
~ ~
~ .
~
.
~| |||Signature(s)|||| |---|---|---|---|---|---| |||Full name(s)|Patricia Durrant|Alan F rrester|| |Position|(eg|Secretary, Chair,|Vice Chairman|Honorary|Treasurer| |||etc)|||| ||||18/01/2022||| ||Charity|Charity|Charity|Name|Name|||||Charity|No|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||(if any)||||| ||||||||Annual accounts||for the|eriod||||CC&7a| ||Period||start||date||j|01/04l2020||Period end
date||I|31/03/2021|| ||||||||||Restricted|||||| |Recommended||Details|||of|own|e|unrestricted|income|Endowment|||Total this|Total last| |categories
by activity|||analysis|||||funds|funds|funds|||year|year| ||||||||||F|E||||| |Incoming resources|(Note 3)|||||||F01|F02|F03|||F04|F05| |Incoming resources from||||||||||||||| |generated
funds||||||||112,688|||||112,689|10,793| |Voluntary
income|||||||S01|||||||| |Activities for generating
funds|||||||S02|||||||| |Investment
income|||||||S03|||||||| |Incoming resources
from||||||||||||||| |charitable
activities|||||||S04|||||||| |Other incoming resources|||||||S05|99,421|||||99,421|3,917| |Total|incoming|||resources|||sos|212,109|||||212,110|14,710| |Resources expended|(Notes||4-8)|||||||||||| |Costs ofGenerating
Funds||||||||||||||| |Costs ofgenerating
voluntary||||||||||||||| |income|||||||S07|||||||| |Fundraising
trading costs|||||||S08|||||||| |Investment
management
costs|||||||S09|||||||| |Charitable
activities|||||||S10|12,683|||||12,683|4,283| |Governance
costs|||||||S11|536|||||536|559| |Other resources expended|||||||S12|||||||| |Total resources||||expended|||s13|13,219|||||13,219|4,842| |Net incomingl(outgoing)||resources before||||||||||||| ||||||transfers||s14|198,890|||||198,891|9,868| |Gross transfers
between||funds|||||S15|||||||| |Netincoming/(outgoing)||resources before||||||||||||| |other recognised|||gains/(losses)||||s15|198,890|||||198,891|9,868| |Other recognised
gains/(losses)||||||||||||||| |Gains and losses on revaluation|||of|fixed||assets||||||||| |for the charity's
own use|||||||S17|||||||| |Gains and losses on investment|||assets||||S18|||||||| |Net|movementin|||||funds|s19|198,890|||||198,891|9,868| |Total funds brought forward|||||||S20|590,247|||||590,247|580,379| |Total funds||carried|||forward||s21|789,137|||||789,138|590,247| ## ||||||||Restricted|||| |---|---|---|---|---|---|---|---|---|---|---| ||||||d&|Unrestricted|income|Endowment|Total this|Total last| ||||||OZ|funds|funds|funds|year|year| |||||||E||||| |Fixed assets||||||F01|F02|F03|F04|F05| |Tangible assets|||(Note 9)||801|||||| ||||||802|||||| |Investments|||(Note 10)|||614,733|||614,733|515,312| |||Total frxed assets|||804|614,733|||614,733|515,312| |Current assets||||||||||| |Stock and work in||progress|||805|||||| |Debtors|||(Note 11)||806|||||| |(Short term) investments|||||807|||||| |Cash at bank and||in hand|||806|171,069|4,080||175,149|75,679| |||Total|current assets||809|171,069|4,080||175,149|75,679| |Creditors:|amounts
falling|||due within||||||| |one year|(Note 12)||||810|||||| |Net current assets/(liabilities)|||||81&|171,069|4,080||175,149|75,679| |Total assets less current liabilities|||||812|||||590,991| |Creditors:|amounts
falling|||due after||||||| |one year||(Note|12)||813|||||| |Provisions|for liabilities||and|charges|8«|||||| |||||Net assets|8~5|785,802|4,080||789,882|590,991| |Funds ofthe Charity||||||||||| |Unrestricted|funds||||e&6|785,802|||785,802|586,731| ||||||817|||||| |Restricted|income|funds|(Note 13)||816||4,080||4,080|4,080| |Endowment|funds|(Note|13)||819|||||| |||||Total funds|e20|785,802|4,080||789,882|590,811| |85,802
4,0|80
789,882|590,811| |---|---|---| |Signature|Print Name|Date of
a
roval| ||Patricia Durrant|18/01/2022| ||Alan Forrester|18/01/2022| ||||~
~
~||||| |---|---|---|---|---|---|---|---| |Note 2||Accounting
policies|||||| |This standard
listofaccounting
policies has been applied by the charity except for those deleted.||||Where|a different or||| |additional
policy has|been|adopted then this is detailed in the box below.|||||| |INCOMING RESOURCES|||||||| |Recognition
of incoming|||These are included
in the Statement of Financial
Activities (SoFA) when:||||| |resources|||~
the charity becomes entitled
to the resources;||||| ||||~
the trustees are virtually
certain they will receive the resources; and||||| ||||~
the monetary
value can be measured
with sufficient
reliability.||||| |Incoming resources|with||Where incoming
resources have related expenditure
(as with fundraising|or contract income) the|||| |related expenditure|||incoming
resources and related expenditure
are reported gross in the SoFA.||||| |Grants and donations|||Grants and donations
are only included
in the SoFA when the charity has|unconditional|||| ||||entitlement
to the resources.||||| |Tax reclaims on donations|||Incoming resources
from tax reclaims are included
in the SoFA at the same time||as the|gift to|| |and gifts|||which they relate.||||| |Contractual
income and|||This is only included
in the SoFA once the related goods or services have|been delivered.|||| |performance
related|grants||||||| |Gifts in kind|||Gifts in kind are accounted
for at a reasonable
estimate oftheir value to the charity or the||||amount| ||||actually
realised.||||| ||||Gifts in kind for sale or distribution
are included
in the accounts as gifts only when||sold|or|| ||||distributed
by the charity.||||| ||||Gifts in kind for use by the charity are included
in the SoFA as incoming resources
when||||| ||||receivable.||||| |Donated services and|||These are only included
in incoming resources
(with an equivalent
amount|in resources||expended)|| |facilities|||where the benefit to the charity is reasonably
quantifiable,
measurable
and material.
The||||value| ||||placed on these resources is the estimated
value to the charity ofthe service or facility received.||||| |Volunteer
help|||The value ofany voluntary
help received is not included
in the accounts
but is described
trustees'
annual
report.||||in the| |Investment
income|||This is included
in the accounts when receivable.||||| |Investment
gains and|losses||This includes any gain or loss on the sale ofinvestments
and any gain or|loss resulting||from|| ||||revaluing
investments
to market value at the end ofthe year.||||| |EXPENDITURE|AND||LIABILITIES||||| |Liability recognition|||Liabilities are recognised as soon as there is a legal or constructive
obligation
committing||||the| ||||charity to pay out resources.||||| |Governance costs|||Include costs ofthe preparation
and examination
ofstatutory accounts,
the costs||oftrustee||| ||||meetings and cost ofany legal advice to trustees
on governance
or constitutional||matters.||| |Grants with performance|||Where the charity gives a grant with conditions for its payment
being aspecific level ofservice or||||| |conditions|||output to be provided,
such grants are only recognised
in the SoFA once the recipient ofthe grant||||| ||||has provided
the specified service or output.||||| |Grants payable without|||These are only recognised
in the accounts when a commitment
has been|made and there|||are no| |performance
conditions|||conditions
to be met relating to the grant which remain
in the control ofthe|charity.|||| |Support Costs|||Support costs include central functions
and have been allocated to activity|cost categories|||on a| ||||basis consistent
with the use ofresources, eg allocating
property costs by|floor areas, or per|||| ||||capita, staff costs by the time spent and other costs by their usage.||||| |ASSETS|||||||| |Tangible fixed assets|for use||These are capitalised
ifthey can be used for more than one year, and cost at least f500.||||They| |by charity|||are valued at cost ora reasonable
value on receipt.||||| |Investments|||Investments
quoted on a recognised
stock exchange are valued at market|value at the year end.|||| ||||Other investment
assets are included
at trustees' best estimate ofmarket value.||||| |Stocks and work in progress|||These are valued at the lower of cost or market value.||||| |POLICIES ADOPTED|||||||| |ADDITIONAL|TO OR||||||| |DIFFERENT FROM|THOSE||||||| ||ABOVE||||||| ## |Note 4|||Analysis|Analysis|Analysis|Analysis|ofresources expended|ofresources expended|ofresources expended|||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Resources||expended|may|be further analysed|||||ifthis would help|the reader ofthe|accounts.|| ||||||||||Analysis||This year
f|Last year| |Costs ofgenerating||||||||||||| |voluntary|income|||||||||||| |||||||||||Total||| |Fundraising||trading||||||||||| |costs||||||||||||| |||||||||||Total||| |Investment||||||||||||| |management||costs||||||||||| |||||||||||Total||| |Charitable|activities||E|ui|ment||donated|to PREI|||12,683|| |||||||||||Total|12,683|| |Governance||costs|Bank||char||es||||123|| ||||Insurance||||||||270|| ||||Subscri|||tions/Sundries|||||143|| |||||||||||Total|536|| ## ## ## ## ## ##