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2024-06-30-accounts

Graham Layton Trust Annual Report 2023-2024

Charity Information

Registered Charity in England and Wales Charity number 290464

Office address

9 Berners Place London, W1T 3AD

Board of Trustees

David Kotler (Chairman) Art Malik (Deputy Chairman) Vaiz Karamatullah

Jehangir Mehta (Hon. Treasurer) Vica Irani Rahila Zakir Khalid Mehmood

Auditors name & address

Ashings Chartered Accountants Northside House, Mount Pleasant, Barnet EN4 9EB

Bankers name & address

HSBC Plc 196 Oxford Street, London W1D 1NT

Graham Layton Trust Impact Report 2024

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Table of Contents

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Graham Layton Trust Impact Report 2024

Message from our Chairman

Since their foundings in 1984, The Graham Layton Trust (GLT) has been a steadfast supporter of the Layton Rahmatullah Benevolent Trust (LRBT), its sister charity in Pakistan. As I read this 2024 Impact Report, I look back on the extraordinary achievements at both GLT and LRBT, not only during 2024, but also over the past decades.

Today, its 20 Hospitals (including 3 teaching hospitals), 61 Primary Eye Clinics and 74 Mobile Eye Camps ensure that eye care is accessible to any person for free, regardless of race, tribe, ethnicity, religion, gender or age. In 2024, we treated more than 3 million patients and performed 293,000 surgeries. Since our founding, we have treated more than 56 million patients across Pakistan. In a country with a population of 250 million, it is no wonder that LRBT has become the country’s largest non-governmental provider of eye care. As the largest single donor to LRBT, GLT is proud of its share in these achievements.

Two years ago, the executive team led by our formidable CEO, Nusrat Mirza, began a strategic initiative to broaden our donor base and appeal for funding through a variety of channels. The benefit of these efforts is becoming evident. In 2024, total income increased 31% compared with 2023, from £676,000 to £884,000 and the contribution GLT was able to make to LRBT in Pakistan increased in excess of four times, from £134,000 to £562,000 (securing supply of IOls for the coming year too). To achieve these increases, total expenditures only increased by 32% demonstrating the efficiency of our cost to revenue ratios.

However, our success should not be measured only by our past achievements; we must build a sustainable organisation fit to address the growing and changing needs of our patients, doctors, clinicians and facilities and match these with funding from our donors. As we plan for the future we have initiated some changes.

In 2024, we established LRBT UK as the new operating name of The Graham Layton Trust to align with LRBT in Pakistan and with our other international chapters, all of which carry the LRBT name. While the legal name of the charity will continue to be The Graham Layton Trust, we will now be recognised operationally as LRBT UK.

With the benefit of a UK legacy donation, we have began funding a major solarisation project across the hospital network. The use of solar power to substitute other forms of hydrocarbon based energy will mitigate LRBT’s carbon emissions, provide energy predictability and ultimately lower operating costs.

We recently welcomed Baroness Nosheena Mobarik as our new Patron, who has succeeded Sir Sajid Javid. Baroness Mobarik is a passionate supporter of LRBT, full of energy, new ideas and connections and also brings us closer to communities in the North, particularly in Scotland.

It remains for me to thank my fellow Trustees, Nusrat, together with our small management team, and all our volunteers. However, none of these remarkable achievements would be possible without the generosity of our donors. We thank you all for your tremendous efforts.

David Kotler Chairman of the Board of Trustees Graham Layton Trust

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Message from our Chief Executive Officer

As I reflect on this past year, I am, as always, humbled and grateful for the loyalty and dedication of our donors, without whom, millions would still face a life of darkness and dependency. Your generous Zakat and Sadaqah donations ensure that we can serve the most vulnerable and needy and restore vision and hope.

However, as Pakistan’s population grows, so too does the demand on services. We are seeing greater numbers of patients and as LRBT’s hospital network expands, so we are able to serve more people. Demand is also fuelled by advances in medicine and technology where we can treat conditions such as ocular cancer that once would have been difficult to treat. More premature babies are surviving but prematurity also brings sight loss risks; our early intervention means newborns receive intensive specialist care to ensure their sight is preserved wherever possible. Thus, increased demand for complex surgeries is growing faster, while overall patient numbers continue to rise, creating more demand for resources, specialist medical equipment and greater medical sub-specialities. GLT and LRBT are well-placed to build on its reputation of excellence and develop itself further as the specialist ophthalmic medical network in Pakistan.

This year has not been without its challenges and global conflicts have diverted attention and funds: we have fought harder than ever for every donation.

Thanks to the support we receive from individuals and organisations, we have seen our highest revenue ever and are well-placed to continue with our commitments to LRBT and support major infrastructure projects next year, as well as undertake internal transformation projects at LRBT UK to build an organisation fit for the future.

Nusrat Mirza Chief Executive Officer Graham Layton Trust

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Scale of the need

Global health inequality

According to the International Agency for the Prevention of Blindness, globally 1.1 billion people suffer with visual impairment because they do not have access to basic eye care services. It currently costs the global economy £411 billion per annum in lost productivity.

90% of the world’s visually impaired live in low and middle income countries where sight loss is compounded by poverty because people cannot afford treatment, inequality of access to medical services and growing populations.

Health inequality in Pakistan

Pakistan reflects this disparity with a disproportionately large number of blind or visually impaired people compared to other developing countries.

Figures from the World Bank indicate that in Pakistan, with its population of 250 million, 100 million live below the poverty line and it is not surprising that affordability is a major factor in seeking eye health

services. The average salary for a worker in Pakistan is around £8 per day, compared to £80 per day in the UK. Daily labourers earn approximately £2.50 per day and incomes barely provide for subsistence. Thus sight loss and lost work pushes families into economic hardship and destitution. Food insecurity is a signifier of economic conditions, 38 million people in Pakistan are food insecure, and 60% of their income is spent on food. Malnutrition affects 40% of children, which can adversely impact overall health, including eye health. Poor diets as well as limited awareness of eye health and hygiene are all contributory factors for sight loss.

In Pakistan, government expenditure on health is low compared to high income countries,

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Health inequalities

The lack of quality health services for the poor and underprivileged creates a two tier health system dominated by private hospitals and clinics, which are beyond the reach of most Pakistanis.

Other issues include poor access to medical services, which are often too far away for poor people to afford the journey or take time off from daily labouring work. Inadequate health and safety at work results in avoidable accidents and injuries.

These factors create the conditions for poverty, which is both a contributor and an outcome of inequality. These groups form our largest patient cohorts who receive treatment from Zakat donations.

The Graham Layton Trust and the Layton Rahmatulla Benevolent Trust are a vital national resource, providing a trusted health safety net for the poor and underprivileged in Pakistan.

Health spending comparison

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UK Pakistan
Approx . £4,600 per Approx . £15 . 50
person per year per person per year
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Increasing demand on resources

Growth in demand

----- Start of picture text -----
Over 50 Million Patients Treated Since 1985
56M
50M
40M
30M
20M
11M
6M
3M
<1M
11K
1985 1990 1995 2000 2005 2010 2020 2024
2015
----- End of picture text -----

Why money matters

LRBT never turns away any patients because many have travelled far to reach our hospitals in search of free high quality eye care. We are proud to be recognised as the national eye health safety net for many poor and vulnerable people and our high success rate is testament to the trust patients and donors have placed in us.

While ad hoc donations are welcome, the real key to effective and strategic delivery of services is access to unrestricted multi-year support so we can plan for and respond to changing needs and emerging technologies.

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LRBT’s year in figures

Total patients screened 3,003,910

Total surgeries in the year 292,567

Breakdown of treatments

Others 4.7%

----- Start of picture text -----
Surgeries
13.6%
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Refracted 37.9%

Ref r acted 37.9%

Medicated 42.2%

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How donations are used

Breakdown of funds deployment

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Equipment
3%
Costs
18%
Patients Treatment
57%
Reserve
19%
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How we manage funds

We work closely with LRBT in Pakistan to ensure we meet a significant part of their annual funding requirements and have reserves to respond effectively and quickly to any changes in their requirements or to respond to natural disasters as we did in the initial flood response in 2022.

We endeavour to maintain our costs as low as we can while ensuring we are fully compliant and maintain the highest standards of governance. Gift Aid is a vital resource that helps fund support costs.

We take the responsibility for utilising Zakat donations seriously and ensure it is used only to treat 65% of our patients who are eligible for treatment with Zakat.

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Eye cancer treatment

A long journey

At LRBT, dedicated eye cancer specialists collaborate with various facilities to identify and treat cancer early, significantly improving recovery rates.

Cancer treatment has advanced, enabling more people to recover fully and lead productive lives post-remission. LRBT works with hospitals, institutions, and charities to ease the financial burden and optimise resources. Adults often develop ocular cancer alongside other cancers like Leukemia, Lymphoma, or Melanoma, presenting symptoms such as blurred vision, lumps, and pain.

Children's eye cancer, typically Retinoblastoma, can be fully treated with early diagnosis. LRBT’s team of specialists ensure the best recovery chances for young patients, monitoring them and their families for 10 years to ensure they remain cancer-free.

Effective treatments not only prevent cancer from spreading but also help patients return to normal life. In addition to medical care, we go above and beyond to support patients, providing them with motivation and hope throughout their journey.

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Mental health programme

A holistic approach to sight loss and overall well-being

Our sponsored mental health programme is designed to support patients facing mental stress or anxiety due to chronic eye conditions. Since 2022, this initiative has offered free counselling services to help individuals cope with long-term sight problems or sight loss and the challenges of losing independence.

Recognizing that adults with vision impairment often experience lower workforce participation and higher levels of anxiety and depression, our programme provides a holistic approach to eye care and wellbeing. By integrating mental health support from professional experts, we not only treat eye ailments but also enhance the overall well-being of our patients, making them feel less isolated and empowering them with healthy coping mechanisms.

To date, 474 patients have benefitted from the Eye Care Plus programme, underscoring its critical role in addressing both physical and mental health aspects of eye care. This is a groundbreaking initiative, the only programme of its kind in the country.

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Shabbir’s story

----- Start of picture text -----
56 millionth patient
Story of Shabbir
Female story
----- End of picture text -----

Shabbir, our 56 millionth patient, shared his appreciation for receiving free treatment at our newly established hospital in Rahim Yar Khan, in his hometown. He takes care of his younger siblings alongside his grandmother, as his father works in another city and his mother passed away a few years ago.

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LRBT mobile eye camps

Total patients screened: 21,238

----- Start of picture text -----
Total Referred
15 . 1%
----- End of picture text -----

----- Start of picture text -----
Total patients scree ned
84 . 9%
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Total eye screening camps: 74

Locations

Akora Khattak area: 2 camps Arifwala area: 5 camps Chiniot area: 3 camps Gambat area: 2 camps Khanewal area: 15 camps Korangi area: 27 camps Lahore area: 2 camps Lar Multan area: 4 camps Mandra area: 4 camps Rashidabad area: 5 camps Shahpur Saddar area: 5 camps

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GLT sponsored eye camps

KORT (Kashmir orphans Relief Trust)

Taqwa - school for street children

Graham Layton Trust is committed to enhancing children's eyesight for a better future and takes pride in supporting other charities that assist Pakistan's vulnerable populations in transforming their lives. In collaboration with GLT, LRBT arranged an eye screening camp at KORT recently. 500 children and staff members were screened. Chaudhry Mohammed Akhtar, the founder of KORT, thanked GLT for their kind support.

Thanks to the generous support of donor Asha Chohan, GLT in partnership with LRBT

successfully organised a free eye camp at Taqwa school, for street children in Peshawar. Over 100 students were screened, eye conditions such as Conjunctivitis, Blepharitis, and Photophobia were treated with free medicine.

Together, we are making a positive impact on the lives of vulnerable children across Pakistan.

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School eye screening program

Early detection and treatment

LRBT has been running a school screening program since 1998. Through this programme 24 schools were visited and over 26,000 school children were screened this year.

The programme has wide coverage with minimal utilization of resources. By implementing effective school health programs and training the teachers, children’s eye health, their education and well being can improve.

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Training doctors

Training doctors

Presently 57 doctors are undertaking Postgraduate Programmes at the 3 teaching hospitals at Korangi in Karachi, Lahore (Multan Road) and Lahore (Township) hospitals.

54 FCPS 3 MCPS (Fellow of College of (Member of College of Physicians and Surgeons) Physicians and Surgeons)

School of paramedicine

Ophthalmic Assistant – 1st Year

Ophthalmic Assistant – 2nd Year

Ophthalmic Technician

Ophthalmic O.T. Technician

Refractionists

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14
10
3
3
4
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LRBT’s hospital network

20 61 Hospitals Eye centers

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20th hospital opens at Rahim Yar Khan

Growing network

Rahim Yar Khan hospital in Punjab opened on 22 April 2024. The establishment of the 20th hospital was critically important because of the lack of free eye care services in the region. Since it opened, the hospital has treated over 12,000 patients and conducted over 1,000 surgeries. The current ward capacity stands at 32 beds.

The new hospital will serve the communities in the districts of Rahim Yar Khan, Bahawalpur, Rajanpur, Ghotki, and Kashmore, which collectively have a population of approximately 15 million people.

The importance of free eye care in these predominantly rural and economically disadvantaged regions cannot be overstated. The

prevalence of blindness is three times higher among the poor compared to the affluent, and 90% of blindness is curable. Given that 22% of the population lives below the poverty line, with 60% of income being spent on food, medical expenses can be catastrophic for many families. The hospital aims to alleviate this burden by providing free, comprehensive eye care services, helping individuals become productive members of society again.

The entire project at Rahim Yar Khan, including land, construction and equipment costs were provided by a UAE donor, who also supported work at our Khanewal and Gambat hospitals.

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Construction of school of paramedicine

Building capacity

LRBT has a school of paramedicine which directly addresses health workforce training needs with undergraduate courses designed to enhance knowledge, skills, and confidence. This year 37 students will qualify in various technical roles.

Accredited by Sohail University, we launched a four-year BSc Optometry degree programme this year. However, learning space was limited for the number of enrolling students and an extension to the Korangi hospital was commissioned.

Mrs. Spenta Kandawala, an LRBT Trustee, generously offered to fund construction of a new floor in memory of her late brother, Mr. Farrokh Captain, also a dedicated LRBT Trustee for over 30 years. Work on the project began on May 10th, 2024, and is scheduled for completion by May 9th, 2025.

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Training doctors from Africa

International knowledge sharing

LRBT is currently hosting 15 distinguished ophthalmologists from various African nations at its School of Paramedicine at LRBT's Tertiary Teaching Eye Hospital in Karachi. The year-long collaboration with COMSTECH advances expertise in glaucoma and diabetic retinopathy. Their eagerness to learn from our skilled team promises a strong partnership in eye care education and innovation.

COMSTECH, led by Pakistan's President, promotes science and technology collaboration among OIC member states, focusing on training in emerging areas to advance the Islamic world.

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Plans for the year ahead

Rebrand

We are planning to rebrand the Graham Layton Trust to Layton Rahmatulla Benevolent Trust UK to align ourselves with our sister charity Layton Rahmatulla Benevolent Trust (LRBT) in Pakistan and to align our branding with its international chapters. At the end of 2024, we established LRBT UK as the operating name of the Graham Layton Trust.

Kalakalay hospital extension

LRBT has requested financial support to develop and extend the Kalakay hospital in the Khyber Pakhtunkhwa province of Pakistan. Situated in the north, the region experiences extremely cold winters and the building is too small to provide additional ophthalmic services that are much needed and to house the patients awaiting treatment and thus many wait outside in bitterly cold weather.

This project commenced in September 2024.

Solarisation of the hospital network

Solarisation of the hospital network would guarantee sustainable energy supplies and reduce operating costs. We are moving forward with an initiative from LRBT to fund a major solarisation project with funding received from a legacy.

The project commenced in August 2024.

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THE GRAHAM LAYTON TRUST REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

THE GRAHAM LAYTON TRUST

Registered Charity Number: 290464

Ashings Limited

Chartered Accountants Northside House Mount Pleasant Barnet EN4 9EB

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THE GRAHAM LAYTON TRUST CONTENTS OF THE FINANCIAL STATEMENTS REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024THE GRAHAM LAYTON TRUST

Page
Report of the Trustees 24 - 28
Report of the Independent Auditors 29 - 32
Statement of Financial Position 33 - 34
Cash Flow Statement 35
Statement of Financial Activities 36 - 51

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THE GRAHAM LAYTON TRUST REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

_______________ The Trustees present their report with the financial statements of the charity for the year ended 30 June 2024. The Trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

We have adopted an operating name LRBT UK (Layton Rahmatulla Benevolent Trust) www.lrbt.org.uk. The main purpose is to:

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of the Trust is the relief of poverty and the relief of the sick by such means as the Trustees shall, from time to time, decide in any part of the world. The Trustees seek to achieve this objective by the prevention of suffering caused by blindness and other eye ailments, most particularly in Pakistan. To this end, the Trust assists in providing comprehensive free eye-care with a tradition of excellence, efficiency and compassion of all, regardless of gender, religion, sect, ethnicity or disability. This is accomplished by providing funds, surgical equipment and supplies to support the goals and aims of the Layton Rahmatulla Benevolent Trust, ('LRBT'). The funds raised have been used for the purchase of medical equipment and supplies for LRBT's 3 Tertiary Eye Care Hospitals, 17 Secondary Eye Care Hospitals and 61 Eye Care Clinics.

How our objective delivers public benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees have considered how planned activities will contribute to the objective set out in the Deed of Settlement dated 5 October 1984. Our main objective and activities and who we try to help are described below.

Grant making policy

The Trust’s aim is to improve the lives of the poor and needy by preventing blindness and caring for their eyesight. The grant making policy is reviewed annually to snsure that it reflects the charity objective and thereby advances public benefit.

ACHIEVEMENT AND PERFORMANCE

South Coast Challenge 2023

A dedicated group of donors and volunteers undertook a 25k trek along the South Coast of England from Eastbourne, ~~trekking across the magnificent Seven Sisters to Alfriston. The group raised £10,311 for eye care treatments in Pakistan.~~

Manchester Gala 2023

Following the success of our inaugural gala in Manchester in 2022, another was planned for autumn 2023 at Tatton Park and a provisional booking with deposit was made. However, as the crisis in Gaza deepened, our Manchester donors turned their attention to the Middle East to support those trapped within Gaza and the Palestinian refugees. Given the scale of the conflict and loss of life, it was felt that we may not get the support we enjoyed last year and that we should postpone the event until such time as we feel the climate is conducive to garnering support for eye care. Though this was disappointing for GLT, we believe it was prudent to postpone.

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THE GRAHAM LAYTON TRUST REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS THE GRAHAM LAYTON TRUST FOR THE YEAR ENDED 30 JUNE 2024 REPORT OF THE TRUSTEES

Ramadan Campaign 2024 Three Ramadan fundraising dinners were held this year, the first in London, the second in Manchester and the third in Bradford. The London Dinner was held at Grand Sapphire Croydon and entertainment was provided by Qawali singers, Salim and Wasim Sabri. The London event was attended by 300 guests. The total sum raised as of 30 June was £129,784 with some large pledges from high-net-worth supporters. Many donors chose to fulfil their pledges via monthly direct debit, which was symptomatic of the economic climate.

The Manchester Dinner was held at Vermilion with 190 guests in attendance. Despite competition from other charities fundraising for Gaza, a good turnout raised £58,931 in total, again with some donors choosing to fulfil their pledges via monthly direct debit.

The Bradford Dinner was held at Aagrah Midpoint with 180 guests in attendance. Turnout was lower than we had

hoped for because, once again, the Gaza conflict drew attention and funds away from us towards the urgent unfolding disaster. We raised £27,826 with many donors choosing to fulfil their pledges via monthly direct debit. All events attracted new donors as well as being well supported by our loyal base.

The Ramadan campaign included digital advertising, social media, TV advertising and a small postal campaign. Working with a new digital agency, we had a great many learnings to develop before upscaling the campaign and time was a limiting factor. We worked with social media influencers to reach new demographics and utilized new and existing dedicated online Ramadan donation portals and personally approached our high-net-worth donors for support. Our Ramadan campaign generated £163,758.

FINANCIAL REVIEW

Income

The fundraising total for the year was £884,359 of which £442,310 was raised from various fundraising events held during the year. The Trust's income has included generous one-off donations from individuals and foundations, which continues to be a valuable source of revenue. The Financial period also saw the continued support of generous benefactors from Europe and the Middle East, as well as the UK. GLT is sincerely thankful for these private donations from individuals who are passionate about the work of LRBT and want to see the organisation grow and develop further.

This year’s revenue was further bolstered by Gift Aid remittances of £289,477, which have significantly increased our income and provides opportunities for investment in digital activity to build support for this worthy cause.

Outgoings

During this 12-month period, GLT remitted a total of £561,958 to LRBT. GLT will be called upon to meet the IOL requirement for 2024/25 of £179,190 in the coming financial year and is confident it can meet its commitment of funding the supply of intra-ocular lenses (IOLs) to LRBT's hospitals from its reserves and the net income generated in the coming year.

Reserves policy

The Graham Layton Trust endeavors to maintain sufficient reserves to cover around one year’s worth of expenditure and governance costs, together with three months forecast expenditure for IOL's from unrestricted funds.

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THE GRAHAM LAYTON TRUST REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FUTURE PLANS The sole and current nature of the Trust's activities is one of constant fundraising and the immediate plans are to examine and identify every method of raising money and to implement as many of these methods as possible within the means available to the Trustees. The commitment of the Trust (on a best endeavour basis) to fund the requirement of IOL's to LRBT means that most of the funds raised will be used for this purpose.

Volunteers: Volunteers are an important resource in both fundraising and events, we are grateful for all their time and effort. All our Trustees give their time freely. We encourage all members of our organisation to be involved in voluntary activities and to share their skills with others.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

The Charity is controlled by its governing document, a deed of trust. The Graham Layton Trust is a UK Registered Charity (No 290464) legally constituted by Deed of Settlement dated 5 October 1984, as amended by a subsequent Deed of 25th February 1998 with revisions dated 31st October 2014, 17th November 2015, 31st March 2021 and 17th October 2024. The Charity is administered by a board of Trustees, the members serving for three-year terms, after which date, they may offer themselves for re-election by their fellow Trustees. It has a Board of Advisors, members of which provide guidance to Trustees on strategy as and when required.

At Trustees' meetings held at least three times a year, the Trustees agree the broad strategy and areas of fundraising activity for the Trust including investment, reserves, risk management, policies and performance.

New possible Trustees are normally identified by existing Trustees and invited to attend Trustees' meetings after which they may be elected as full members. As well as the experience gained by attendance at Trustees' meetings, induction is accomplished by issuing copies of recent board minutes, previous annual reports, financial statements and the policies and the procedures manual. No formal training was given during the year.

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THE GRAHAM LAYTON TRUST REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

290464

Principal address:

9 Berners Place London W1T 3AD

Auditors:

Previous Auditors - Cooper Parry Group Limited - resigned following YE 30th June 2023 Current Auditors - Ashings Limited, Chartered Accountants, Registered Auditors Northside House, Mount Pleasant, Barnet EN4 9EB – accepted appointment 10th December 2024

Bankers:

CAF Bank Limited, HSBC Plc Patron: The Right Honourable Sajid Javid

Trustees:

David Kotler (Chairman)

Art Malik (Deputy Chairman)

Vaiz Karamatullah (Hon. Secretary) Jehangir Mehta (Hon. Treasurer) Vica Irani, Rahila Zakir, Khalid Mehmood

Staff:

Nusrat Mirza (CEO) Shabana Shahzad (Marketing Manager) Tracey Munro (Finance Manager)

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THE GRAHAM LAYTON TRUST REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with

applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the Trustees are required to

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time

the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website.

Finally, the Trustees would like to record their thanks to all the many donors for their generosity and to the supporters and volunteers who have according to their means and time available, contributed so generously to GLT and to its performance in this period.

Approved by order of the board of trustees on 31 March 2025 and signed on its behalf by: Jehangir J Mehta

J e h a n g i r J M e h t a

Signed on 02/04/25 @ 14:15

................................................. J.J Mehta - Trustee

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THE GRAHAM LAYTON TRUST REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024

Opinion We have audited the financial statements of The Graham Layton Trust (the 'charity') for the year ended 30 June 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we

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conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

statements; or

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

the Charity’s remuneration policies, key drivers for directors’ remuneration, bonus levels and performance targets;

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• the matters discussed among the audit engagement team and involving relevant internal specialists, including tax, real estate and pensions regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the

organisation for fraud and identified the greatest potential for fraud in management’s incentive to overstate profit. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on

provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act, pensions legislation and tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the charity’s ability to operate or to avoid a material penalty. The key laws and regulations we considered in this context included the Financial Services and Markets Act.

Audit response to risks identified

As a result of performing the above, we did not identify any key audit matters related to the potential risk of fraud or non-compliance with laws and regulations.

In addition to the above, our procedures to respond to risks identified included the following: • reviewing the financial

statement disclosures and testing to supporting documentation to assess compliance

with provisions of relevant laws and regulations described as having a direct effect on the financial statements;

• enquiring of management concerning actual and potential litigation and claims;

• performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

• reading minutes of meetings of those charged with governance, reviewing correspondence with HMRC; and

• in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, including internal specialists, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those

leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.

The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

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Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Si gne d on 02 / 04 / 25 @ 14:37

Darryl Ashing FCA (Senior Statutory Auditor) for and on behalf of Ashings Limited Chartered Accountants Statutory Auditors

Date 31 March 2025

Ashings Limited is eligible to act as auditor in terms of section 1212 of the Companies Act 2006.

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STATEMENT OF FINANCIAL POSITION

FOR THE YEAR ENDED 30 JUNE 2024

2024 2023
Notes Unrestricted Restricted Total funds Total funds
funds
£		 funds
£		 £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities		 2
3		 438,949
390,610		 3,100
51,700		 442,049
442,310		 424,263
252,120
Investment income 4 17,854 ______ 17,854 4,825
Total 847,413 54,800 902,213 681,208
EXPENDITURE ON
Raising funds
Raising donations and legacies 5 228,188 - 228,188 180,870
Charitable donations 6 479,922 121,265 601,187 163,221
Total 708,110 121,265 829,375 344,091
NET INCOME/EXPENDITURE 139,303 (66,465) 72,838 337,117
RECONCILIATION OF FUNDS
Total funds brought forward 599,336 105,918 705,254 368,137
TOTAL FUNDS CARRIED FORWARD 738,639 39,453 778,092 705,254

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STATEMENT OF FINANCIAL POSITION

FOR THE YEAR ENDED 30 JUNE 2024

2024 2023
Notes Unrestricted Restricted Total Total funds
funds funds funds
£ £ £ £
FIXED ASSETS
Intangible assets 11 513 - 513 964
Tangible assets 12 1,078 - 1,078 1,347
1,591 - 1,591 2,311
CURRENT ASSETS
Debtors 13 99,579 - 99,579 8,906
Bank 14 676,770 39,453 716,223 723,671
776,349 39,453 815,802 732,577
Total
CREDITORS
Amounts falling due within one year 15 (39,301) - (39,301) (29,634)
NET CURRENT ASSETS 737,048 39,453 776,501 702,943
TOTAL ASSETS LESS CURRENT LIABILITIES 738,639 39,453 778,092 705,254
NET ASSETS 738,639 39,453 778,092 705.254
FUNDS 16
Unrestricted funds 738,639 599,336
Restricted funds _39,453 105,918
TOTAL FUNDS 778,092 705,254

The financial statements were approved by the Board of Trustees and authorised for issue on 31 March 2025 and were signed on its behalf by:

J e h a n g i r J M e h t a Signed on 02/04/25 @ 14:15

……………..………………

J.J. Mehta – Trustee

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CASH FLOW STATEMENT

FOR THE YEAR ENDED 30 JUNE 2024

_______________ _______________ _______________ _______________
2024 2023
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 (25,302) 357,558
Net cash (used in)/provided by operating activities (25,302) 357,558
Cash flows from investing activities
Purchase of intangible fixed assets - -
Purchase of tangible fixed assets - -
Interest received 17,854 4,825
Net cash provided by/(used in) investing activities 17,854 4,825
Change in cash and cash equivalents in the reporting period (7,448) 362,383
Cash and cash equivalents at the beginning of the reporting 2 723,671 361,288
period
Cash and cash equivalents at the end of the reporting period 3 716,223 723,671

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2024 2023
£ £
1 Net (expenditure)/income for the reporting period (as per the 72,838 337,117
Statement of Financial Activities)
Adjustments for:
Depreciation charges 720 787
Interest received
Increase in debtors		 (17,854)
90,673		 (4,825)
10,384
Increase in creditors
Net cash (used in)/provided by operations		 9,667
(25,302)		 14,095
357,558
2 ANALYSIS OF CASH AND CASH EQUIVALENTS
2024 2023
£ £
Notice deposits (less than 3 months) 716,223 723,671
Total cash and cash equivalents 716,223 723,671
3 ANALYSIS OF CHANGES IN NET FUNDS
1/7/2023 Cash flow 30/6/2024
Net cash
Cash at bank 723,671 (7,448) 716,223
Total 723,671 (7,448) 716,223

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Allocation and apportionment of costs

Costs are allocated to the one charitable activity.

Intangible fixed assets

Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Website cost 20% straight line

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment 20% on reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

1. ACCOUNTING POLICIES - continued

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Cash and cash equivalents

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

2024 2023
£ £
2 DONATIONS AND LEGACIES
Other donations 85,716 158,553
Dhul Hijah Appeal 360 1,392
Zakat 62,976 192,940
Tax Refunds – Gift Aid 283,876 -
Tax refunds
Christmas appeal		 5,601
420		 2,531
265
_ _
Total unrestricted funds 438,949 355,681
Cornea Transplant Surgery - 1,042
Khanewal Surgeries - 20,000
Opthalmic Equipment – Gulab Jarman - 28,854
Lady Fatemah (AS) Charitable Trust – Treatment of patients - 12,843
Flood relief 100 5,843
IOLs FH Adamjee 3,000 -
_ ______
Total restricted funds 3,100 68,582
Total Donations & Legacies 442,049 424,263
3 OTHER TRADING ACTIVITIES
Campaign & Event funds 390,610 252,120
_ _
Total unrestricted funds
390,610		 252,120
Ramadan Digital Advertising Campaign – IOLs 40,000 -
Ramadan Digital Advertising Campaign – Surgeries 11,700 -
-
Total restricted funds 51,700
Total Other Trading activities 442,310 252,120
4 INVESTMENT INCOME
Bank Interest received 9,672 4,825
Gift Aid Interest 8,181 -
Total investment income 17,854 4,825

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

_______________ _______________ _______________ _______________ _______________
2024 2023
£ £
5 RAISING DONATIONS AND LEGACIES
Campaign and Event costs Support
98,573		 82,398
costs
(see
note
7)
Total
Donations and Legacies		 Raising
129,615
228,188		 98,472
180,870
6 CHARITABLE ACTIVITIES COSTS
Grant Funding Grant Funding
of Activities of Activities
(see note 7) (see note 7)
2024 2023
£ £
Charitable donations - Unrestricted
LRBT – Optical Lenses 425,049 -
LRBT – Optical Lenses – costs to process
6,583		 -
LRBT – General Donations 7,142 -
LRBT – Ramadan Digital Adv & IAPB
1,919		 57,270
LRBT – Flood Relief - 44,157
440,693 101,427
Support costs (see note 7) 39,229 29,309
479,922 130,736
Charitable donations - Restricted
LRBT – Cornea Transplant Surgery
-		 1,042
LRBT – Flood Relief - 5,843
LRBT – Southern Punjab - 25,600
LRBT – Gulab Jaman equipment
28,854		 -
LRBT – Gilgit / Kalakalay 123 -
LRBT – Asha Chohan Eyecamp 2,800 -
LRBT – Icare Plus 15,571 -
LRBT – IOLs 40,000 -
LRBT – Shahpur 4,000 -
LRBT – Treatment of patients 29,967 -
LRBT – Havelian -50 -
121,265 32,485
Total Charitable Donations 601,187 163,221

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

_______________ _______________ _______________ _______________ _______________
2024 2023
£ £
5 RAISING DONATIONS AND LEGACIES
Campaign and Event costs Support
98,573		 82,398
costs
(see
note
7)
Total
Donations and Legacies		 Raising
129,615
228,188		 98,472
180,870
6 CHARITABLE ACTIVITIES COSTS
Grant Funding Grant Funding
of Activities of Activities
(see note 7) (see note 7)
2024 2023
£ £
Charitable donations - Unrestricted
LRBT – Optical Lenses 425,049 -
LRBT – Optical Lenses – costs to process
6,583		 -
LRBT – General Donations 7,142 -
LRBT – Ramadan Digital Adv & IAPB
1,919		 57,270
LRBT – Flood Relief - 44,157
440,693 101,427
Support costs (see note 7) 39,229 29,309
479,922 130,736
Charitable donations - Restricted
LRBT – Cornea Transplant Surgery
-		 1,042
LRBT – Flood Relief - 5,843
LRBT – Southern Punjab - 25,600
LRBT – Gulab Jaman equipment
28,854		 -
LRBT – Gilgit / Kalakalay 123 -
LRBT – Asha Chohan Eyecamp 2,800 -
LRBT – Icare Plus 15,571 -
LRBT – IOLs 40,000 -
LRBT – Shahpur 4,000 -
LRBT – Treatment of patients 29,967 -
LRBT – Havelian -50 -
121,265 32,485
Total Charitable Donations 601,187 163,221

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

_______________ _______________ _______________ _______________ _______________
2024 2023
£ £
5 RAISING DONATIONS AND LEGACIES
Campaign and Event costs Support
98,573		 82,398
costs
(see
note
7)
Total
Donations and Legacies		 Raising
129,615
228,188		 98,472
180,870
6 CHARITABLE ACTIVITIES COSTS
Grant Funding Grant Funding
of Activities of Activities
(see note 7) (see note 7)
2024 2023
£ £
Charitable donations - Unrestricted
LRBT – Optical Lenses 425,049 -
LRBT – Optical Lenses – costs to process
6,583		 -
LRBT – General Donations 7,142 -
LRBT – Ramadan Digital Adv & IAPB
1,919		 57,270
LRBT – Flood Relief - 44,157
440,693 101,427
Support costs (see note 7) 39,229 29,309
479,922 130,736
Charitable donations - Restricted
LRBT – Cornea Transplant Surgery
-		 1,042
LRBT – Flood Relief - 5,843
LRBT – Southern Punjab - 25,600
LRBT – Gulab Jaman equipment
28,854		 -
LRBT – Gilgit / Kalakalay 123 -
LRBT – Asha Chohan Eyecamp 2,800 -
LRBT – Icare Plus 15,571 -
LRBT – IOLs 40,000 -
LRBT – Shahpur 4,000 -
LRBT – Treatment of patients 29,967 -
LRBT – Havelian -50 -
121,265 32,485
Total Charitable Donations 601,187 163,221

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

_______________ _______________ _______________ _______________ _______________ _______________ _______________ _______________
7 SUPPORT COSTS
2024
Management
Finance		 Human Marketing Governance Totals
Resources
£ £ £ £ £ £
Raising Donations
and Legacies 17,514 7,849 90,192 4,960 9,100 129,615
Charitable Donations 4,379 1,962 22,548 1,240 9,100 39,229
21,893 9,811 112,740 6,200 18,200 168,844
SUPPORT COSTS
2023
Management
Finance		 Human Marketing Governance Totals
Resources
£ £ £ £ £ £
Raising Donations
and Legacies 22,363 6,195 60,505 3,154 6,255 98,472
Charitable Donations 5,591 1,549 15,127 787 6,255 29,309
27,954 7,744 75,633 3,941 12,510 127,781
Basis of allocation:
Raising Donations Charitable Activities
All (except Auditors’ costs) 80% 20%
Governance (Auditors’ costs) 50% 50%

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

8

TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remunerations or other benefits for the Year Ending 30th June, 2024, nor the Year Ending 30th June, 2023.

Trustees’ expenses

There were no trustees’ expenses paid for the Year Ending 30th June, 2024, nor the Year Ending 30th June, 2023.

9 STAFF COSTS

2024 2023
£ £
Wages & Salaries 105,041 72,109
Social Security 5,315 1,699
Pension costs 2,384 1,825
_ ______
112,740 75,633

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

10

COMPARITIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

2023 2023
Unrestricted Restricted Total
Fund Funds Funds
£ £ £
Income and Endowments from
Donations & Legacies 355,681 68,582 424,263
Other Trading Activities 252,120 - 252,12
Investment Income 4,825 - 4,825
Total 612,626 68,582 681,208
Expenditure on:
- Raising funds
Ramadan Dinners Activities & Events 82,398 - 82,398
Support costs 98,472 - 98,472
180,870 - 180,870
- Charitable Activities
Charitable Donations 57,270 - 57,270
Flood Relief 44,157 5,843 50,000
LRBT – Cornea Transplant Surgery - 1,042 1.042
LRBT – Southern Punjab - 25,600 25,600
Support costs _29,309 - 29,309
130,736 32,485 163,221
_ ______ _
Total Expenditure 311,606 32,485 344,091
NET INCOME 301,020 36,097 337,117
RECONCILIATION OF FUNDS
Total funds brought forward 298,316 69,821 368,137
TOTAL FUNDS CARRIED FORWARD
_ _ _
599,336 105,918 705,254

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

11 INTANGIBLE FIXED ASSETS
Website
£
COST
At 1st July, 2023 3,653
Additions -
As at 30th June, 2024 3,653
DEPRECIATION
At 1st July, 2023
Depreciation charge for year
As at 30th June, 2024		 2,690
450
3,140
NET BOOK VALUE
As at 30th June, 2024 513
As at 30th June, 2023
964
12 TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1st July, 2023 4,173
Additions -
As at 30th June, 2024 4,173
DEPRECIATION
At 1st July, 2023 2,827
Depreciation charge for year 268
As at 30th June, 2024 3,095
NET BOOK VALUE
As at 30th June, 2024 1,078
As at 30th June, 2023 1,347

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

_______________

13 DEBTORS: AMOUNTS FALLING DUE DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 629 -
Prepayments 11,409 6,353
Accrued Income 87,541 2,553
99,579 8,906
14 CASH AT BANK 2024 2023
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Cash at bank 676,770 39,453 716,223 617,753 105,918 723,671

The Charity does not maintain a separate bank account for restricted funds

15 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade Creditors Other creditors 27,411 19,149
Social Security and other taxes 9,843 8,174
2,047 2,312
39,301 29,635

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

_______________ _______________ _______________ _______________ _______________
16 MOVEMENT IN FUNDS
As at 1 Movement As at 30
July 2023 June 2024
£
Unrestricted funds £
General fund 599,336 139,303 738,639
Restricted funds 105,918 (66,465) 39,453
_ ______ _
Total funds 705,254 72,838 778,092
Net movement in funds included in the above are as follows:
Incoming Resources Movement
Resources Expended in funds
£ £ £
Unrestricted funds
General fund 847,412 708,109 139,303
Restricted funds 54,800 121,265 (66,465)
Total funds _
902,212		 _
829,374		 ______
72,838

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

Comparatives in movement of funds:

As at 1 Movement As at 30
July 2022 June 2023
Unrestricted funds £ £
General fund 298,316 301,020 599,336
Restricted funds 69,821 36,097 105,918
_ _ _
Total funds 368,137 337,117 705,254
Net movement in funds included in the above are as follows:
Incoming Resources Movement
Resources Expended in funds
£ £ £
Unrestricted funds
General fund 612,626 311,606 301,020
Restricted funds 68,582 32,485 36,097
_ _ _
Total funds 681,208 344,091 337,117

Net movement in funds included in the above are as follows:

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THE GRAHAM LAYTON TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

A current 12 months and prior year 12 months combined position is as follows:

As at 1 Movement As at 30
July 2022 June 2024
£
Unrestricted funds £
General fund 298,316 440,323 738,639
Restricted funds 69,821 (30,368) 39,453
_ _ _
Total funds 368,137 409,955 778,092
Net movement in funds included in the above are as follows:
Incoming Resources Movement
Resources Expended in funds
£ £ £
Unrestricted funds
General fund 1,460,039 1,019,716 440,323
Restricted funds 123,382 153,750 (30,368)
__ __ _
Total funds 1,583,421 1,173,466 409,955

All restricted funds comprise income which the Trust is obliged to spend within a reasonable timeframe and for the purposes specified when the donation was made.

Graham Layton Trust Impact Report 2024

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THE GRAHAM LAYTON TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2024

17 RELATED PARTY DISCLOSURES

Except for donations made by trustees of £8,300 (2023 £7,500) there were no other related party transactions for the year ended 30th June 2024.

As detailed in Note 6 the charity makes donations to its sister charity in Pakistan, Layton Rahmatulla Benevolent Trust as follows:

2024 2023
£ £
Unrestricted charitable donations 440,693 101,427
Unrestricted charitable donations – support costs 39.229 29,309
Restricted charitable donations 121,265 32,485
Total charitable donations 601,187 163,221

Graham Layton Trust Impact Report 2024

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Graham Layton Trust Registered Charity Number: 29064 ~~Address: 9 Berners Place~~ London, W1T 3AD Contact: +44 (0)20 3397 1433 www ~~.~~ glt ~~.~~ org ~~.~~ uk