coyyimi
COMPANY REGISTRATION NUMBER: 02433540
CHARITY NUMBER: 702325
THE SUNDERLAND AND NORTH DURHAM
ROYAL SOCIETY FOR THE BLIND
{LIMITED BY GUARANTEE)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Registration
Charity Number 702325
Company Number 02433540
Council
Mrs. L. Scanlan (Chair)
Mrs. J. Kent
Mr. A. Curtis
Mr. P. Carling
Mr. G. Hicks
Mr S Duffy
Ms S Gregg
Secretary
Mr. P. Carling
CEO
Mr. R. Wood
Reglstered office
53 St Lukes Terra
Pallion
Sunderland
SR4 6NF
Bankers
The Co-operative Bank plc
516 Fawcett Street
Sunderland
SR1 1RF
Independont Examlner
Mr. P. N. Newbold BFP FCA
Torgersens
East Suite, Ground Floor
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
Honorary Sollcitors
Mr. G. Johnston
McKenzie Bell
47 John Street
Sunderland
SR1 1QU

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
THE TRUSTEES. REPORT (INCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 31 MARCH 2024
The council present this report together with the financial statements of the charitable company for the
year ended 31 March 2024. The financial statements have been prepared in accordance with the
accounting policies set out on pages 9 to 11 and comply with the current statutory requirements, the
requirements of the charitable company'sgoverning document, the current Statement of Recommended
practi￿ and the Companies Act 2006.
1. Administration detalls
The Sunderland and North Durham Royal Society for the Blind is a registered Charity (No. 702325)
and is a company limited by guarantee (Company No. 02433540).
The principal address and registered office of the charitable company is..
53 St Luke's Terrace
Pallion
Sunderland
SR4 6NF
The Council Members who served during the year are as follows:_
Mrs. L. Scanlan
Mrs. J. Kent
Ms S. Gregg
Mr. P. Carling
Mr. G. Hicks
Mr. A. Curtis
Mr. S. Duffy
The above are directors and trustees for the purposes of the Companies Act and Charities Act
respectively.
Mrs D. Mcclusky is entitled to attend the meetings of the council as a representative of Durham
County Council.
2. Organisational Structure. Governance and Management
The charitable company is incorporated under the Memorandum and Articles of Association that sets
out the objectives and purposes of the charitable company. The financial statements compty with
current ststutory requirements of the Memorandum and Articles of Association. The ultimate
responsibilty for the management of the charitable company is vested in the Council.
Trustees are elected by the members at the Annual General Meeting and hold office unts"I death,
resignation, or removal from office.
3. Council of Management
The maximum number of members of the council is detennined by the charitable Company in
General Meeting.
Currently there is a maximum of 7 and the minimum number of members of the council is 3.
The members of the council can be paid all reasonable out-of-pocket expenses properly incurred
by them, in attending and returning from m￿tingS of the council or any committee of the council or
General Meetings of the charitable company or in connection with the business of the charttable
company.
There were 7 council members acting for the charitable company during the year under review.
The council meet on a regular basis regarding the management of the charitable company and its
finan￿s.

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
THE TRUSTEES. REPORT (INCORPORATING THE DIRECTOR'S REPORT)
(CONTINUED)
YEAR ENDED 31 MARCH 2024
4. General Information, Objects and Activities
Originally named "The Sunderland and Durham County Incorporated Royal Institution for the Blind.,
the charitable company was established in 1877 and incorporated The Home Teaching Society
(1873). It has been registered in accordance with National Assistan￿ Act 1948 and under the
Charities Act 1960.
On 18 October 1989 The Sunderland and North Durham Royal Society for the Blind was formed as
a company limited by guarantee. The charitable company also registered for charitable status with
the Charity Commission under number 702325.
The charitable company's objects are to promote the welfare of the blind and those substanb'ally
and permanently impaired by defective vision, registered as such with their appropriate Local
Authority and residing in the City of Sunderland and the surrounding area.
In furtherance of the above objects but not further or otherwise the charitable company has the
following powers..
(a)
To manage and administer the funds of the society so as to maximise the use of all existing
and new investments and to receive all legacies and other contributions.
(b)
To disburse from these funds either capital or income, sums of money, or provide goods
or ServI￿S in lieu, to individuals or groups of visually impaired for the alleviation of suffering,
distress or hardship and the provision of, or assistsnce towards, recreational and charitable
company facilities.
The council is actively looking at ways in which these benefits can be improved in forthcoming years.
Public Benefit Statement
The trustees have had regard to the Charities Commission guidance on their legal duty on public
benefit and are satisfied that the charitable company delivers public benefit, and due regard is paid
to the guidance on public benefitwhen deciding on what new projects the charitable company should
undertake.
General Review
The value of the charitable company's portfolio of investments has remained the same as the
previous year.
The income of the charitable company has decreased during the year by £194,046 and expenditure
by £12,858, which has produced a surplus of £8.885 compared to £187,830 in the prior year.
Resorv•s Policy
The trustees have set a reseNes policy which aims to maintsin the general reserves at the equivalent
of a minimum of six months expenditure.

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTOR'S REPORT)
(CONTINUED)
YEAR ENDED 31 MARCH 2024
5. Achievements and Performance
The financial year has been difficult trying to ensure that sufficient income was raised in order to
continue to provide the many seNices that members rely on and to begin the process of building up
unrestricted financial reserves. The Trustees have met regularly to monitor progress and to explore
areas where savings could be made. The goodwill shown by so many funders has been greatly
appreciated.
During the year, the Society received a bequest of £46,592 from Mr Anthony Turner. Legacies are
extremely welcome, and it is a sad fact that those making the bequest can no longer be thanked
directly.
The One Vision project continues to be funded by the National Lottery Community Fund and is a
partnership project with Newcastle Vision Support and Hartlepool Vision Support. During the year
£109,268 was re￿iVed and shared equalty between the partners. The One Vision Project enables
each organisation to provide IT and Assistive Ted)nology training, a¢￿$S to a professional
Counselling scheme and access to Safeguarding. Feedback from service users continues to be
extremely positive.
During the year the Warm Spaces project funded by Sundedand City Council was repla￿d by the
Links for Life project. The Society applied for two grants, one to repair the roof of our building at 53,
St Luke's Terrace, Pallion, Sunderland (£16,000) and the other to cover the cost of all of the events
and activities held at Pallion (£17,500).
The contract to deliver support ServI￿S to people who are visually impaired and living in County
Durham was once again extended. The contract is valued at over £40,000.
A Coronation Party was held on 4th May 2023 to celebrate the coronation of King Charles111. This
was very well attended by members and enjoyed by all.
Three Living With Sight Loss courses were held in Sunderland during the year and two in County
Durham. These are always well attended and provide an excellent opportunity for newly diagnosed
people to come together to receive information on all of the services available to them in a relaxed
and friendly environment.
The sudden and unexpected decision by Barclays Bank to close the Society's accounts with no
notice caused great problems for the Society. Not only were invol￿S unpaid, grants and donations
could not be banked. The Society was extremely relieved and grateful to the Co-operative Bank for
enabling the Society to open an account with them.
In October 2023, Barbara Church retired as a Rehabilitation Worker. We shall always be grateful to
Barbara for enabling the Society to provide a professional Sight Loss Rehabilitation Servi￿ on
behalf of Sunderland City Council. Julie Anderson and Dale Burns-maddison are progressing well
as Rehabilitation Worker Apprentices.
A successful Sensory Exhibition was held in Sunderland City Hall on 4th October 2023 and was well
attended. It is intended to make this a regular event alternating between Sunderland and County
Durham.
The Trustees along with the Chief Executive Offi￿r continue to prioritise the building up of
unrestricted reserves. During forthcoming financial years strenuous efforts will continue to be made
in order to achieve the acknowledged outcome.

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
THE TRUSTEES. REPORT (INCORPORATING THE DIRECTOR'S REPORT)
(CONTINUED)
YEAR ENDED 31 MARCH 2024
6. Financial Review
The charitable company had total reserves of £213.244 at the year end.
The charity has restricted reserrfes of £39,517 and no free reserves. The trustees are confident that
the shortfall in resenies can be reversed in the forthcoming years as activities of the charity retum to
pre pandemic levels.
7. Statement of the Council's Responsibilities
Company Law requires the council to prepare financial statements for each financial year, which give
a true and fair view of the state of the affairs of the charitable company and of the surplus or deficit
of the charitable company for that period. In preparing these financial statements, the council is
required to:
select suitable accounting policies and then apply them consistently.
make judgements and estimates that are reasonable and prudent.
follow the rewmmendations of the Charity Commission and of the accounting profession with
regard to the form and content of the financial ststements and to disclose and explain any
departures therefrom., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The council is responsible for keeping proper accounting records. which disclose with reasonable
accuracy at any ts'me the financial position of the charitable company and to enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularits'es.
8. Risk Assessment
The council has considered any risks to which the charitable company might be exposed and is
satisfied that the administrats've, investrnent and financial prO￿dureS which are in Pla￿ minimise the
risk of any loss to the charitable company.
9. Exemption Statement
These financial statements have been prepared in accordan￿ with the special provisions of Part 15
of the Companies Act 2CQ6 relating to small companies.
Signed on behalf of the Council
Mrs. L. Scanlan
Chair
Date.i.31

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR THE BLIND
(LIMITED BY GUARANTEE)
I report on the financial statements for the year ended 31 March 2024, which comprise the statement of
financial activities, balance sheet and the related notes, induding a summary of significant accounting
policies.
Respective responsibilities of trustees and examiner
The members are ￿spOnSible for the preparation of the financial statements and consider that an audit is
not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an
independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination, it is my responsibility to..
examine the accounts under section 145 of the Charities Act.,
to follow the prO￿dureS laid down in the general Directions given by the Charity Commission under
section 145{5){b) of the Charities Act., and
to state whether particular matters have come to my attention.
Basls of Indep•ndont examinerfs report
My examination was carried out in accordance with the general Di￿tionS given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in
the account5, and seeking explanations from the trustees Con￿rning any such matters. The procedures
undertaken do not provide all the eviden￿ that would be required in an audit and consequently no opinion
is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters
set out in the statement below.
Independent examinerfs statement
In connection with my examination, no matter has come to my attention to indicate that:
accounting records have not been kept in accordance with section 386 of the Companies Act 2006"
the accounts do not accord with such records
where accounts are prepared on an accruals basis, whether they fail to comply with relevant
accounting requirements under section 396 of the Companies Act 2006, or are not consistent with
the Charities SORP (FRS102)
any matter which the examiner believes should be drawn to the attention of the reader to gain a
proper understanding of the accounts.
Paul Newb31d BFP FCA
Torgersens
Chartered Accountants
East Suite, Ground Floor
Avalon House
Sunderland
SR5 3XJ
Date:
E ,l.zl

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR THE
BLIND (LIMITED BY GUARANTEE)
UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Note
Income and endowments
Donations and legacies
Other trading acb'vities
Investment income
Income from charitable activities
other income
57,568
2,931
(7)
143A17
11,081
14,042
71.610
2,931
(7
190.017
11,081
248,660
2,549
228
213,715
4.526
46,600
Total Income
214,990
60,642
275,632
469,678
Expenditure
Expenditure on raising funds
Expenditure on charitable activities 10
Total expenditure
18,118
217,709
18,118
248,629
17,694
261,911
30,920
235,827
30,920
266,747
279,605
Net (Gain)ILoss on investments
13
2,243
Net Income
120,837)
29,722
8,885
187.830
Transfers between Funds
8,000
(12,837)
(8,000)
21.722
Net Movement in Funds
8,885
187,830
Total funds brought fomard at 1 April 2023 186,564
Total funds carried forward at 31 March
2024
17,795
204,359
16.529
173,727
39.517
213.244
204,359
The charitable company has no recognised gains or losses other than the results for the year as set out
above.
All operations are classed as continuing.
The notes on pages 9 to 19 form part of these financial statements.

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024
Note
2024
2023
Fixed Assets
Tangible fixed assets
Investments
14
15
220,695
322
228,670
322
221,017
228,992
Current Assets
stocks
Debtors
Investments - deposits
Cash at bank
Cash in hand
1,144
85,178
1,144
62,196
16
17
340
172
4,814
86,834
68,156
Creditors: amounts falling due
within one year
Net Current Assets
18
194,607)
(92,789)
(24,633)
(7,773)
Net (Liabilities)IAssets
213,244
204,359
Funds of the Charlty
Unrestricted funds
Restricted funds
19
20
173,727
39,517
213,244
186,564
17,795
204,359
Total Funds
For the financial year in question the company was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
No ￿MberS have required the cornpany to obtain an audit of its financial statements for the year in
question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject
to the small companies, regime.
These financial statements were approved by the council on
their behalf by-
7.3.IC
and are signed on
Chair
Mrs. L. Scanlan
Company Registration No.. 02433540
The notes on pages 9 to 19 form part of these financial statements.

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
General information
The charity is registered in England and bvales and in unincorporated. The address of the principal
office is 53 St Lukes Terrace, Pallion, Sunderland SR4 6NF.
Statement of compliance
These financial statements have been prepared in Complian￿ with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland., the 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) (Charities
SORP (FRS 102)) and the Charities Act 2011.
Accounting Policies
Basls of preparation
The financial statements have been prepared under the historical cost convents'on, as modified by
the inclusion of investments at market value and in accordance with the Statement of
Recommended Practice: Accounts'ng and Reporting by Charities in accordance with FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland., and the Charities Act
2011.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Monetary amounts in these financial ststements are rounded to the nearest £.
Golng Concern
The financial statements of the charity have been prepared on a going concern basis despite the
fact that the charity had net current liabilities of £7,773 and was dependant on the continuing
support of creditors. The trustees are confident that contracted service income and grant funding
obtained for the forthcoming periods will enable the charity to continue its operations.
Incoming resources
All income is recognised On￿ the charity has entitlement to the income. it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Donations and grants are recognised when the Trust has been notified in writing of both the amount
and settlement date. In the event that a donation is subject to conditions that require a level of
performan￿ before the charity is entitled to the funds. the income is deferred and not recognised
until either those conditions are fully met, or the fulfilment of those conditions is wholly within the
control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
Other trading activities relates to MIs￿lIaneoUS income such as from room hire. student
placements and the provision of training and is recognised in the Statement of Financial Activities
in the period to which it relates.
Interest on funds held on deposit is included when receivable and the atnount can be measured
reliabty by the charity., this is nomally upon notification of the interest paid or payable by the bank.
Dividends are included in the Statement of Financial Activities when they are declared, at an
amount which includes appropriate transitional relief.

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Accounting Policies (continued)
ReP￿UrceS expended
All expenditure is included on an accruals basis and is recognised when there is a legal or
constructive obligation to pay for expenditure. All costs have been directly attributed to one of
the functional categories of resources expended in the Statement of Financial Activities.
Taxation
Due to the company's charitable operations no corporation tax is payable on the results for the
year.
Tangible fixed assets
All fixed assets are included at cost. These are capitalised if they can be used for more than one
year and cost at least £500.
Depreclatlon
Depreciation is calculated to write down the cost, less ests'mated residual value of all tangible fixed
assets, other than freehold land, over their expected useful lives. The rates generally applicable
are..
Fr￿hold Property
Office equipment
Office furniture
Computer web design
Fixtures and fittings
20/0 straight line
200/0 Straight line
100/0 Straight line
33.30￿ straight line
1 Ooh straight line
Fixed Asset Investments
Investments are a form of basic financial instrument and are initially recognised at their transaction
value and subsequently measured by their fairvalue as at the balance sheet date using the closing
quoted market price.
The charity does not acquire put options, derivatives or other complex financial instruments.
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised
gains and losses on investments are calculated as the difference between sales prcceeds and
their opening carrying value or their purchase value if acquired subsequent to the first day of the
financial year. Unrealised gains and losses are calculated as the difference between the fair value
at the year end and their carrying value. Realised and unrealised investment gains and losses are
combined in the Statement of Financial Activities.
Stocks
Stocks are ststed at the lower of cost and net realisable value. Cost is computed on a first in, first
out basis. Net realisable value is based on estimated selling price less the estimated cost of
disposal.
-10-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Accountlng Policies (continued)
Operating Leaso Agreemgnts
Lease payments are recognised as an expense over the lease tem on a straight line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term
on a straight-line basis.
Funds Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtheran￿ of the
general objectives of the charty.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through
the terms of an appeal.
Deslgnated Reserves
Designated funds are unrestricted funds eamarked by the management committee for particular
purposes as follows..
(i) Capital Fund
The reserve reflects the net book value of tangible fixed assets owned by the charitable
company.
(li) Income Generating Assets
The reserve reflects the quasi endowment nature of the investments of the charrtable
company.
(iii) Redevelopment Fund
A reserve has been established for the purchase of St Luke's Terrace, Pallion premises.
Transfers to and from funds are made as designated by Trustees.
Financlal Instruments
Financial instruments are classified and accounted for as financial assets, financial liabilities or
equity instruments, according to the substance of the contractual arrangement.
An equity instrument is any contract that eVIden￿S a residual interest in the assets of the company
after deducting all of its liabilities.
Defined contributlon plans
Contributions to defined contribution plans are recognised as an expense in the period in which the
related Servi￿ is provided. Prepaid contributions are recognised as an asset to the extent that the
prepayment will lead to a reduction in future payments or a cash refund.
+lthen contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related seNice, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as a finance cost in
profit or loss in the per iod in which it arises.
Operating Lease Agreements
Lease payments are recognised as an expense over the lease term on a straight line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease temi
on a straight-line basis.
11

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Donations and legacies
Unrestrlcted Restricted
Funds
Funds
Total
2024
Total
2023
Membership income
Donations
P Richardson
Visionaid Tech Ltd
Collection towards training kitchen
Leslie Butler
Roseline Foundation
TA Webb
Donation in memory of Mrs E Royal
S Dennis donations in lieu of flowers
Hadrian Trust
JH Burn Charity Trust
Lorraine Taylor donation via D Ridley
Seaburn Rotary Club
E Dobie in lieu of flowers
Ashley Sutherland
Trevor Bond
Collection Boxes
Other donations received
Leathersellers
Media Savy training
Persimmon Home Foundation
Houghton Blind Centre
Paul & Sue Lennon
Donation in lieu re Norman Catcheside
Donation in lieu re Sylvester
Donation in lieu re Much Loved
Donation in lieu re Mary Anne Smith
Donation in lieu re Mr Allen
Donation in lieu re B Frobisher
Legacies
Mrs Geraldine Tasker
Mr Anthony Turner
1.595
1.595
1,924
12,075)
50
(2,075)
50
14,042
1.195
500
127
200
14.042
1,195
500
127
200
1,000
500
1,000
500
121
5,000
125
330
5,000
125
330
551
253
3,045
2,000
200
1,000
228,500
132
220
285
156
125
129
140
351
1,736
351
1.736
102
46,592
102
46,592
71,610
10,000
57.568
14,042
248,660
In the previous year unrestricted income was £248,630 and restricted income was £30.
Other trading activities
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Fundraising events
Sales income
2.931
2,931
2,402
147
2,931
2,931
2,549
All income in the previous year was unrestricted
12-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Income from Investmonts
Unrestricted Rostricted
Funds
Funds
Total
2024
Total
2023
Dividends - equities
Bank interest
(8)
(8)
228
(7)
228
All income received in the previous year was unrestricted.
Income from charitable activities
Unrestricted Restrlcted
Funds
Funds
Total
2024
Total
2023
Resource Centre income
Rehabilitation services for beneficiaries
Service delivery in County Durham
Grants for specific activities
Catherine Cookson
Community Foundation
Hadrian Trust
Amold Clarke
Barbour foundation
CAF
National Lottery
Less due to Hartlepool Vision
Less due to Newcastle Vision
NBTBA
Newcastle Building Society
Pocklington Trust
Screwfix Foundation
Sir James Knott Trust
Sunderland City Council
2,093
36,220
40,416
2,093
36,220
40,416
1,086
65,141
39,450
1,000
15,000
1,000
1,000
15,000
1,000
2,000
5,000
400
122,347
(33,445)
(38,445)
2,140
3,000
3,000
5,000
1,000
36,041
26,000
109,268
135,084
135,084)
135,268
(35,084)
(35,084)
6,000
6,000
15,688
7,500
46,600
23,188
190,017
143,417
213,715
In the previous year unrestricted income was £160,118 and ￿Stricted income was £53,597.
Other Income
Unrestricted R•stricted
Funds
Funds
Total
2024
Total
2023
Sundry income
Rental income
431
10,6SO
11,081
431
10,650
11,081
926
3,600
4,526
All income received in the previous year was unrestricted.
13-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Expendlture on ralsing funds
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Fundraising stsff costs
18,118
18,118
17,694
18,118
18,118
17,694
All expenditure in the previous year was unrestricted.
10. Expenditure on charitable actlvitios
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Charitable activities
Services and support to beneficiaries
Resource Centre wsts
Development of service costs
Stsff travel expenses
Volunteer expenses
Sight loss rehab staff costs
Sundry charitable expenses
1,530
51,040
725
2,255
51,040
523
57,996
5,656
881
89,424
20,546
2,298
173
18,731
3,333
280
63,519
8,581
453
82,250
11,914
175,026
Management and administration of
charity
Staff costs
Rent
Rates and water
Light and heat
Insuran
Repairs and maintenan
Telephone and postage
Printing and ststionery
Computer costs
Staff training
Sundry expenses
Promotion and advertising
Legal and professional fee
Accountancy fees
Depreciation
Bank charges
Interest payable and similar charges
Interest on late payment of PAYE
23,009
25,000
1,375
4,036
2,454
1,285
5,807
2,526
4,559
889
923
(6601
1,576
2,896
7,975
30
1,507
1,327
217,709
23,009
30,000
1,375
4,036
2,454
1,285
5,807
2,526
4,559
889
923
14,426
30,000
1,663
4,529
3,211
394
4,655
4,014
4,037
6,527
1,577
3,660
969
3,020
4,065
5,000
1,576
2,896
7.975
30
1,507
1,327
248,629
138
30,920
261,911
All expenditure in the previous year was unrestricted.
14-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
11. Staff costs
Total
2024
Totsl
2023
The cost of employing staff
Wages and salaries
Social Security costs
Pension costs
162,264
7,135
4,468
155,730
7.675
4,612
173,867
168,017
The average number of staff during the year amounted to 8 (2023: 8).
No employee received more than £60,000 during the year.
12. Trustee remuneration and the cost of key management personnel
The trustees re￿iVed no remuneration or expenses during the current and previous year.
The total employee benefits of the key management personnel of the charity were £43.921
(2023: £43,786).
13. Realised Gains & losses on investment assets
2024
2023
Gainsl(losses) on SalelReorganisation of investments
(2,243)
14. Tanglble Assets
Office
Freehold
Computer Fixtures and equipment &
Propety INeb Design
ffttings
furniture
Totsl
Cost
At 1 April 2023
Additions
220,000
22,331
1,280
58.043
301,654
At 31 March 2024
220.000
22.331
1,280
58,043
301,654
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
15,608
2,880
18,488
640
128
56,736
567
72.984
7.975
4,400
4,400
768
57,303
80,959
Carrylng amount
At 31 March 2024
215,600
3,843
512
740
220,695
At 31 March 2023
220,000
6,723
640
1,307
228,670
15-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
15. Investments
Quoted UK investments
Market value
2024
2023
At 1 April 2023
Additions to investments at cost
Disposals
Gainl(loss) on revaluation
At 31 March 2024
322
31,563
31,703
(60,700)
(2,244)
322
322
2024
2023
Historical cost at 31 March 2024
408
408
UK listed investments are represented by:
2024
2023
Investment trusts and unit trusts
322
322
The following investrnents individually make up more than 50h of the market value of total
investments:
Aviva Investors Property Feeder Inc Fund Class 2
322
322
16. Debtors
2024
2023
Other debtors and prepayments
85,178
85,178
62,196
62,196
17. Investments - Deposlts
2024
2023
Barclays Business Base Rate Tracker
16-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
18. Creditors: amounts falling due within one year
2024
2023
Other taxes and social security
Other creditors
Pensions
16,426
68,319
9,862
94,607
9,889
74,422
8,478
92,789
19. Unrestricted reserves
Balance Incoming Outgoing
01.04.23 Resources Resources Transfers
Balance
31.03.24
Genernl funds
Accumulated surplus
Total unrestricted funds
186.564
214,990
{235,827)
(235,8271
8,000
8,000
173.727
186,564
214,990
173,727
Balance Incoming Outgolng
01.0￿22 Resources Resources Transfers
Balance
31.03.23
General funds
Accumulated surplus
Total unrestricted funds
10.717
10,717
415.118
(244,810)
(244810
5,539
186,564
186,564
415,118
5,539
The Accumulated Surplus is available for the charitable company to use for the purposes of the
charitable company without restriction. The transfer represents an element of restricted income
which could be used for general purposes.
17-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
20. Restricted reserves
Balance Incoming Outgoing
01.0￿23 Resources Resources Transfers
Balan¢0
31.03.24
Restricted reserves
Equipment purchases
Event Activities
Nab'onal lottery
Total unrestricted funds
5,812
1,185
10,798
21,542
27,354
1,185
10,978
39,100
60,642
130,9201 (8,000)
(30,920) (8,000)
17,795
39.517
Balance Incoming Outgoing
01.04.22 Resources Resources Transfers
Balance
31.03.23
Restricted reserves
Equipment purchases
Event Activities
Nab"onal lottery
Total unrestricted funds
5,812
5,812
1,185
10,798
4,103
50,457
(2,379)
(539)
(34,659)
(5,000)
(37,038) (5,539)
5,812
54,560
17,795
Equipment purchases are grants and donations received from The National Lottery.
Independence at Home, The Royal Victoria Trust, Sunderland City Council, The Barbour
Foundation and a crowdfunding campaign towards the purchase of equipment for beneficiaries.
Event activities includes a donation from NBTBA a towards the provision of sporting activities to
members, a donation from Sir James Knott trust to provide a Jubilee paty together with funds
raised for other trips and parties. The transfer to general ￿SerVeS represents the management
charges involved in providing these activities.
Nats'onal Lottery Community Funding was obtained during the year to support the operations of
the charity. The transfer to general reserves represents the contribution towards management
costs available under the grant.
A number of grants contained elements which could be used towards the general purposes of the
charity and these have been transfe￿ed to general reserves.
21. Commitments under Operating Leases
The total future minimum lease payments payable under non-cancellable operating leases are as
follows:
2024
2023
Operating lease5 which expire=
Imthin 1 year
v￿thin 2 to 5 years
After more than 5 years
30,955
121,433
150,000
32,994
120,785
180,000
302.388
333,779
22. Related Party Transactlons
During the year there were advances on k)ans from ￿rtain employees of £19,226 (2023.. £29,126)
and amounts repaid by the charity of £9,608 (2023: £6,806). The amount due to the employees at
the year end was £53,729 (2023.. £44,111).
18-

THE SUNDERLAND AND NORTH DURHAM ROYAL SOCIETY FOR
THE BLIND (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
22. Related Party Transactions (continued)
During the year amounts of £5,000 (2023.. £nil) were repaid to a trustee. The balance due to the
twstee at the year end was £nil (2023: £5.000).
19-

otsj 0￿¢0
-￿￿¢0
115
TS O(Vva)
CN ¢0
Iii-
zoo