REGISTERED COMPANY NUM8ER: 01336067 IEngl¥nd and Wales)
REGISTERED C&IARrrY NUMBER: 803S44
ftEpoKf OF THE TRUSTEES AND
CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2024
FOR
THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED
J W HinksLLP
Chartered Accountants
and Statutory Auditor5
19 Highfield Road
Edgbaston
Birrningham
815 3BH

THE BRITISH C¢IYTAcf LENS ASSOCIATION
LIMITED
CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the Trustees
I to 11
Report of the Independent Audltors
12 to 14
Consolldated Statement of Flnanclal Actlvltle5
15
Consolidated Balance Sheet
16 to 17
Parent Charlty Balance Sheet
18 to 19
Notes to the Flnan¢lal Statements
20 to 29

THE BRITISH CONTA￿ LENS ASSOCIATION
UMITED IftEGISTERED NUMBER: 01336067)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees who are also directors of the charity for the purpose5 of the Companies Act 2006, present thelr report with the
financial statements of the charity and the group for the year ended 31 December 2024. The trustees have adopted the
provision5 of Accounting and Reporting by Charities: statement of Recommended Practice applicable to charities preparin8
their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FR5 1021
leffertive l January 20191.
OBJEcfivES AND AcfiviTIES
Objertlves and alms
The charity's objectives are to promote excellence in research, manufacture. and clinical practice of contact lenses and
anterior eye for patient benefit. The policies adopted in furtherance of the charity's objects are continuin8 dialogue and
education amongst eye care professionals. The BCLA continues to offer their members a high-quality educational
programme and resources to support their development and practice. both In the UK and internationally.
Vision- 8rln8ln8 the global contact lens and anterior eye health communlty together.
Mlssion To be recognised as the world'5 leadln8 contact lens and anterior eye community. Through the process of
knowledge sharln8, education and networking, BCLA brfn8s expertise from the world of academia and research into the
world of the eye health professionals, for the benef it of their patients.
The Values of the 8CLA
Best practice- striving to improve standards of professlonal and clinical excellence In contatt lenses and anterior eye.
Community- bringing together the world of academic research with eye health professionals.
Learning - supporting education and professional development to drive progress.
Accessible - BCLA is for everyone - if you are passionate about eye care you can join our community.
The Councll Members conflrm that in all activities that are delivered they have complied wlth their legal duty to have due
re8ard to the Charlty Commission's guSdan¢e on public benefit and meet the BCLA'S oblectives listed above.
The BCLA'S alm to educate, interact and promote growth In the field of contact lenses and anterlor eye has the full supp)rt
of its members and Is reflected in all the association's actlvitles. These include: the biennial Clinical Conference and
Exhlbition, UK and International meetings, continued professional development ICPDI activities, the publication of Contort
Lens and Anterior Eye (the journal of the BCLAI, evening scientific meetings (via webinarsl, online certificate courses, and
the di55emination and interchange of knowledge and information in the field of contact lense5 and anterior eye.
SlgnSfFcant actlvities
Success is measured by pre-set KPI'5 for the year. These are related to overall budget, profitability of any conference and
membership numbers and retention figures. Not forgetting the 8CLA brand equity, which 15 more difficult to measure.
Events
BCLA Asla
The 8CLA marked an historic milestone with the successful inaugural edition of BCLA ASIA in mainland China. The two-day
event took place on March 8-9, 2024, in Chengdu, Sichuan Province, and was jointly organised by BCLA, the Sichuan
Association of Optometry and Eye Care, and hosted by West China Hospital, Sichuan University.
With a significant turnout of approximately 1,600 attendees, including ISO delegates specifically for the BCLA segment,
the forum brought together top experts from around the world to focu5 on critical tOPiC5 such as myopia prevention and
control. dry eye treatment, corneal contact lenses and care. and special corneal Contact lense5.
Page I

THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED {REGISTERED NUMBER: 013360671
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The success of the event not only strengthened communication and cooperation between re8ional and international
optometric communities but a150 fostered supportive. professional ties between China and the UK in specialist care
within optometry. The BCLA remains committed to advancing 8lobal optometry and the BCLA ASIA programme
contributed to the progress of optometry worldwide through shared learning.
The event also celebrated the graduate5 of BCLA'S Contact Lens Fitting Continuin8 Education Training CoLJrse, recently
delivered in China, who received certificates of completion. At the closing ceremony, Professor Liu Longqian emphasised
the forum's significance as a landmark international industry conference in contact lense5, blending innovative views with
both Chinese and Western perspectives.
Optometry Tomorrow 2024 In¢orporatln8 BCLA Focus
We were proud to deliver Optometry Tomorrow 2024 incorporotino BCL4 Focus-an innovative collaboration between
the College of Optometrists and the 8CLA. Held from 28-29 April 2024 at the Telford International Centre, the event
brought together the College's flagship conference and BCLA Focus for the first time. We were pleased to welcome 789
attendees, the majority of whom were from the UK to this strengthened and more comprehensive programme, which
gave eye care professionals 8reater access to CPD, research, and good clinical practice, whlle also bringing a bSgger and
more diverse event to delegates.
Pro8rammes from both organisations ran alongside each other, wlth 10 tracks in total, includlng 8CLA's own dedicated
lecture and workshop streams. This structure allowed attendees to choose from approxlmately 110 CPD sessions across
two days, enabling them to gain all their requlred CPD points In the flnal year of the GOC cycle, while benefitting from a
diverse mix of lecture stream5 and hands-on workshops.
A key therne of the BCLA track was BCLA CLEAR," Presbyopio, with a dedicated session featuring presentations from
contributors to the paper, offering delegates direct insight into the latest evidence and thinking In presbyopic care.
Myopia was also in focu5 dLJring the joint Charter Lecture, developed in collaboration with the College, which addressed
the profession'5 critical role in managing this growing concern.
The event played a key role in furthering BCLA'S strategic goal of advancing clinical knowledge and supporting evidence-
based practice.
Weblnars
There were nlne weblnars delivered in 2024, two of which were sponsored, Sponsors included Topcon Healthcare and
Coopervision, both of whom also delivered their own weblnars. Council decided to change the 8CLA'5 webinars from
being a 8CLA mernber-only benefit to open to all. This resulted in reg15tration and attendee numbers grow considerablv.
The total number of registrations over the nine webinars was 1734 of which a total of 1016 attended.
The most popular webinar and in fact, highest nurnber of registration and attendees in the BCLA webinar historylll,
related to'Keratoconus.' I n practice (How to treat with contact lenses), and wa5 delivered by Bronagh Clarke & Rachel
Davison. The webinar had 289 registrations and 175 attendees.
All nine webinars were CPD accredited, and certificate5 were sent to all those ellgible, not just BCLA member5. A large
number of attendee5 were OVN members INetherlandsl and IACLE members Igloball. These associations promoted the
webinar5 on their newsletters to their members. The main audience was optometrists followed by contact lens opticians.
The attendance was between 15 and 30 different countries on each webinar with the UK and the Netherlands being the
top two countries.
Page 2

THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01336067)
REporir OF THE TRUSTEES
FOR THE YEAR ENOED 31 DECEMBER 2024
Onllne Leamlng
The BCLA launched the new Fundamentals of Contact Lenses Certificate in May 2024, also the Early Career version aimed at
pre-reg. international 5tudent5, UK students arbd newly qualified BCLA members. Below are the current number5 for the
BCLA courses. 8elow1s an update on the numbers of certificate pa55er5 and currently enrolled and in progress.
Dry Eye Certificate passers
Early Career Dry Eye Certificate passers
Dry Eye currently enrolled
Early Career Dry Eye currently enrolled
14
76
14
Myopia Certificate passers
Early Career Myopia Certificate passers
Myopia currently enrolled
Early ca￿er Myopia currently enrolled
16
51
FOCL Cerdficate passers
Early Career FOCL Certificate passers
FOCL currently enrolled
Early Career FOCL currently enrolled
io
35
16
Pod¢asts
The BCLA has dellvered podcast5 to è growing audience since 2020 with a variety of topics discussed by innovative and
knowledgeable experts. In 2024 we presented 7 podcasts throughout the year with having between 60 to IO0+ listeners
durln8 the year.
We already have a schedLJle In place for 11 podcasts and some ad hoc eplsodes to be published throughout 2025. There
wlll be a variety of tOPlC5 like the celebratlon of 30 years on the contact lens p￿sCr[bIng trends surveys, also there is the
intentlon to have some podcasts that will be Ilnked to the BCLA Conference & Exhlbition 2025.
Membershlp
2024 finished with a total membership of 1,14512023: 1,2311. Whilst this is a fall of 7% on 2023. it follow5 the pattern of
previous nonclinlcal conference years. Compared to 2022, the last pre-conference year, membership was up by 3%
overall and Full membership by 4%. This trend is expected to continue into 2025.
We ran two campaigns in 2024.. an offer of 12 month5 for the price of 10 to attract lapsed members to reinstate and a
member get member campaign. Overall, we recruited 29 members, and we will look to run similar campaigns in 2025. In
addition, we have been working with 19 student ambassadors to promote student membership which resulted in an
increase in Student membership of 127% In December. Whllst this is good news- this Still only represents around 5% of
the students on tsptometry course5 and will continue to be a focus of our work in 2025.
A notable contributor to the stability in membership was the continued partnership with Vision Expre55, 3 three-year
partnership to support Vision Express ECP'S CPD through the membership offer, specifically the certificates in myopia
management and dry eye management.
Page 3

THE BRITISH CONTACT LENS ASSOCIATION
LIMITED IREGISTERED NUMBER: 01336067)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
As the Association 8oes into a clinical conference year the focus tums to harne55ing the increased numbers of members
and we will continue to engage with the multiples to improve membership numbers further. The BCLA has a very
attractive membership offer and It continues to effectively communicate this at various touch points. l n 2024 there were
more engagement initiatives implemented, ensuring that membership benefits are communicated regularly- particularlv
in the first year of membership.
Rese•rch and guldellnes
BCLA CLEAR7.1Contlnued Learnln8 Evldence.based A¢ademl¢ Reports)
8CLA CLEAR," is an important initiative in the eye care profession that continues to influence and Shape practice, globallv.
The findin85 are initially published in the BCLA'5 scientific journal, Contt7ct Lens ond Anterior Eye, under open access. Each
project has been funded by educational grants from nurnerous companies.
The first project, which focu55ed on contact lenses, was published in 2021 and its findlngs have continued to be used,
Including the development of clinical prartlce 8uidellnes Ipublication date TBC), and a new certificate in contact len5
fundamentals which launched i n the first half of 2024. The papers have gained an impressive number of download5, over
130,000, and citstlons, over 600,
This was followed by BCLA CLEAR- Presbyopia, published in 2024. Already this has attracted respectable figure5. over
30,000 download5 and over SO cltations. Phase is underway and has delivered.. a summary of the findings, multiple
translations of the summary, presentations, and CPD articles in the optical media. More resources ore expected in 2025
Ilncluding a certificate In pre5byopial that will make a considerable difference to presbyopic care, globallv.
CLAE Journal
Contact Lens and Anterior Eye ICLAEI is owned by the BCLA and published by Elsevier and has a truly international feel to
it with global readership, internat￿Onal authors and editorial panel members from all over the world. The Editor-in-chief
is Shehzad Naroo IUKI and there are four Associate Editors.. Robin L Chalmers IUSAI,. Pauline Cho (Hong Kongl; Eric Papas
(Australial,. and Stephen Vincent (Australia). In 2024 no themed issue were planned because the BCLA CLEAR Presbyopi
papers took a full issue. Thi5 Issue collated all the evidence on this tOPlC, 8athered by global experts and presented in one
concise issue of CLAE. The authors were a Multi-disciplinary team of optometrists. ophthalmologists, optician5.
researchers, vision scientist5 and physicists. A total of 84 authors participated in BCLA CLEAR Presbyopia f rom 19
countries (including 28 from the UK, 15 from the USA and 11 from Australia). A third CLEAR i55ue is planned for 2027 and
a call of authors will be made In 2025. This third CLEAR Issue will be on the toplc of Astigmatism and this will include
irregular astl8matlsm too.
In 2024 the number of new submissions seemed to reach the hei8hts of the lockdown years, wlth 555 new 5ubmlsslons to
the journal. In 2025 a themed issue around Speclality Contact Lenses was released in issue l of 2025. Downloads of
papers from CLAE are up on previous years and citations show a steady rise too. Chlna now seems to be the largest
market for CLAE in terms of new submissions and downloads.
The journal Is a peer reviewed journal covering all aspects of contact lens theory and clinical practice and related anterior
eye topics. CLAE is an importantjournal in the ophthalmic field and is one of only two peer reviewed Journals specialising
in contact len5e5 that has an impact factor (ranked journals). The impact factor is an important measure for a peer
reviewed journal. In July 2024 the 2023 impact factors were released, and CLAE ha5 a value of 4.1 ICLAE 15 ranked equal
10th out of 85 ranked ophthalrnology iournalsl, placlng it firmly in the upper quartile of ophthalmic related peer
reviewed journals. CLAE has long been the leading contact lens journa15, and out of optometry peer reviewed journa15
CLAE continues to sit in 1st place which 15 a remarkable feat for a 5pecialityiournal competing against journals with
rnuch wider remit of paper5. In 2024 CLAE, impact factor rose above journa15 such as the British Journal of
Ophthalmology (the off icial journal of the UK Royal Colle8e of Ophthalmologists) and is equal to the American Journal of
Ophthalmologv.
Page 4

THE BRITISH CONTACT LENS ASSOCIATION
UMffED (REGISTERED NUMBER: 01336067)
REpoKf OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEM8ER 2024
Strategy di5CU55ions were held with the publisher5 Elsevier and the BCLA throughout the year. CLAE would like to thank the
BCLA Council for their continued support of their journal and an enormous thank5 to the author5 and reviewers who work
tirele55ly puttlng manuscripts together for publication in CLAE.
FINANCIAL REVIEW
Flnan¢lal posltlon
Finance of the organisation is a key priority, to enable the Association to be able to continue to deliver on the Mission and
Vision and serve the membership. The financlal position is monitored monthly to revlew the financial performance year to
date against budget and both the trading & cash flow forecasts going forward. The Council are satisfied with the results for
the year ended 31 December 2024 and the reserve5 as at that date.
The net expenditure for the year in the unrestricted fund amounts to £93,24612023: net income of £204,936).
It Is the policy of the charlty that unrestrlcted funds, which have not been designated for a speciflc use, would be maintalned
at a level equivalent to 6 months overheads.
SIX months budgeted expendlture for 2025 equates to £310,265 and the unrestrlcted reserves carrled forward as at I
January 2025 are £251,002.
Accordingly, the level of unrestrlcted reserves falls short of the stated reserves policv.
FINANCIAL REVIEW
Investment pollcy and oblectlves
The Councll Member5 have considered the m05t appropriate policy for investing funds glven the highly fluctuating market
conditions that existed throughDUt the year. It was unanimously agreed to follow a prudent approach whereby the
AssocSation's capital would be safeguarded, and a prudent policy was adopted of investing in low-risk deposit and monev
market account5. This pollcy was reviewed at a counc51 meeting In 2019, and still considered reasonable, trlggered by
changes in the interest rates, after seeking professlonal advice, council agreed to keep the dlstribution of funds under
review. Thls approach continue5.
Under the Financial Servlces Compensation Scheme IFSCSI, up to £85,000 per person, per instltution Is now protected If a
bank, building society or credit union goes into liquidation. There are currently two Institutions qualify5ng for the FSCS
compensation limit of £85,000.
Page 5

THE BRITISH CONTA￿ LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01336067)
REpoKf OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FUTURE PLANS
Organisatlonal strategv
2024 was a key year for stabilising activities and delivering new partnership initiatives, including working with the College
of Optometrists on 3 conference event, and several partners in China to deliver 8CLA Asia. Both of these event5 delivered
successes in several areas, including specialist education and increased brand awareness. The latter 15 important for the
growth prospects of the Association.
Important work also begun on reform- somethSng that is critical to the 8CL4'5 future. Following a membershlp survey
the findings were di5CU55ed at a Strategic workshop where key issues were identified, and numerous pos$5ble solutions
took shape. Focus groups with member5 were held and commercial stakeholders were also consulted on the results of
the research and propu5ed models. It has been identified that significant change is required, something which will be
explored further in 2025.
During 2024, the key elements of the overall strate8y contlnued to be delivered.
Member5hlp development
Aim.. to grow BCLA membership through member service excellence and engagement.
Member5 are the lifeblood of any association and the BCLA continues to deliver a strong package of services to keep
retention stable. Membership numbers at the end of 2024 were solid, outperforming comparable years, helped bv
numerous initiatives to boost recruitment. Thi5 provides a strong Starting polnt going into 2025 when tradltionally there
has been afi increase In Membership due to the clinical conference. The shape of the membership offer will play a key
part within the reform work underway. with an aim to attract an increasing number of member5.
Growth and engagement initiative5 in 2024 included-
Re-engagement campaign with lapsed member5
Attendance at external event5, including Spec5over5 PAC and Scothsh Optical Conference, to promote brand
awareness and membership offer
Promotional offers to non-members that have engaged with a 8CLA initiative
Survey of members and non-members to inform the reform activity
We wlll Increase awareness of the MBCLA and FBCLA post-nominal letters to help membership drlvlng activity and
provide increased visibillty for our expert membership base.
Conference Strategy
Aim- to ensure BCLA conferences are suitable for the future of the contact len5 Cbtegory
2024 provided a good opportunity to explore partnershlp worklng to deliver the BCLA Focus pro8ramme within the
Optometry Tomorrow conference. I n addition to a new way of workin8 It also offered exposure to a wider audience-
both in terms of the 8CLA'5 content and programme, and the brand overall. Experlmenting with collaborative initiatives is
important to developing the Association'5 ability to work with other5 and also improving our understanding of what
works well and what doesn't. The BCLA brings a high degree of expertise that will make a valuable part of any conference
programme. Work5hop5 are particularly beneficial, and these wlll be given more focu5 in the future.
Looking further ahead the reform process has highlighted new options for delivering the clinical conference. As this is
shaped up and finalised it will see us bring together a strategy for future events, which will outline what the conference
will look like in 2027 and beyond.
Page 6

THE 8RITISH CONTAcf LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01336067)
REpoKf OF THE TRUSTEES
FOR THE YEAR ENOED 31 DECEMBER 2024
Educatlonal programme development
Aim: to develop skills, knowledge and behaviours through high quality learning activitie5.
Through the Process of knowledge sharin& education and networkin& the BCLA brings the contact lens and anterior eye
health community together. The 8CLA has an artlve programme of learning in place that has grown and evolved over the
years. Growing this f unction wlll beneflt both membership and non-member revenues.
A new certificate based on the research in BCLA CLEAR- Contact Lenses was developed. Fundamentals of Contact Lenses
was launched in the first half of 2024 and has had a positive uptake.
'Early career, courses were formally rolled out In 2024 for both the myopla mana8ement and dry eye certificates. These
are almed at students and newly quèllfieé eye care professionals with the airn of introducing them to these key areas of
eye care and providing an opportunity to galn accreditatlon. These are based on the part A lectures wlth an assessment
component that Is aligned wlth ernerging knowledge for new professional5.
Change5 are beln8 introduced to the certfficates In 2025 that are aimed to Increase partlcipation and improve completlon
rates.
Support / infrastructure
Alm.. ensure all 5UPPOrt elements have the capability to service the BCLA'S activitie5.
To deliver o 8rowth-focused strategy it 15 important to have an appropriate structure In place to 5UPPOrt our activities.
Staffing structure is continually reviewed and. if feasiblelappropriate, will be reconfigured.
Of equal importance 15 to build a strong sense of purpose for staff through objectives clearly aligned with the objectives of
this strategy and the mlssion of the BCLA.
The role of BCLA Council 15 critical in two ways.. as trustees that are responsible for setting the overall direction of the
BCLA,. and providing expertise that directly contributes to the shape of our products and services. Councll contlnues to
play an active rale in the learning pro8ramme and broader activities- somethlng that is vital to delivering a busy work
programme. This is bo15tered by a broad committee structure reliant on the contributions of volunteers whlch brin85 its
benefits and detractors. Sector expertise is exemplary but equally relying on available time 15 challenging. This work will
continue to be monitored with further change expected to follow from the reform work being undertaken.
There are numerou5 Systems used to deliver our services. Whilst they are not obsolete yet, it Is important to a55ess thelr
suitability to meet our needs in both the short and long term. In 2024 work begun to upgrade the CRM 5VStem, with
completion planned In 2025.
BCLA awards
No awards were made In 2024.
Honorary life membership was awarded to Paullne Cho.
Page 7

THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED (REGISTERED NUMBER.. 01336067)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 1024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Govemlng document
The charity is controlled by its governing document, a deed of trust, and constitutes a limlted company, limited byguarantee,
as defined by the Companies Act 2DO6.
The charity's objectives are to promote excellence in research, manufacture and clinical practice of contart lenses and
related areas.
The charlty has a wholly owned subsidiary undertakin8, BCLA Tradin8 Company Limited. This arranges the Assoclation's
annual conference and exhibition series and contlnuing education courses. 2018 saw the execution of the updated
Memorandurn and Article5, specifically related to Councll Member recruitment, The Council Members, who are also the
dlrectors for the purpose of company law, who served during the year and up to the date of signature of the financial
statements are recorded in the Trustee5 Report.
Or8anisatlonal strurture
The day to day running of the charity is the responsibility of the CEO. As stated in the Articles, the CouncillTrustees give the
responsibility of running the Association to the Exec Commlttee who are re5pon5ible for all key management decisions and
delivery of these tasks are the responsibility Df the CEO.
Council meets on a regular basis,. the executive committee have a bi-weekly call to ensure all key activ5ties ore on track. The
day-to-day management is delivered by the CEO.
L D Stevens-8urt. CEO
Executive Committee:
N Retallic
R K Kapoor
S L Farrant
D Webley
B Huntjens
Salary revlews and remuneratlon are decided with the Executlve Committee and benchmarked to external agenclEs. None
of the members of the company has any beneficial interest in the charity. All of the Council Member5 are members of the
company and guarantee to contribute £1 in the event of a winding up.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Indurtlon and tralnln8 of new trustees
All new trustees undertake an induction within theirfirst year of taking up a post formally at the AGM. This Includes receiving
an information pack about: 8overnance ol the As5QCiation, detai15 Qf fellow trustee5, detai15 about the structure of the
Association and its key bu5ine55 activities, Priorities and objectives. New trustee5 will a150 meet with key personnel in the
Association, including the CEO and President.
Fundraisin
Statement
The Association rai5e5 funds through a corporate sponsorship pro8ramme. These are not Usually donations, but fund5
received in exchange for facilitating engagement with our community of eye care profe55ionals at event5 and through digital
plarform5. The Association may at time lead or contribLrte to project5 for the gDod and benefit of eye health. These projects
may requi￿ sponsorship which is attained outside of the standard sponsorship programme and provided to the BCLA in
support of its role in executing the project and the project deliverable5. No professional fundraisers have been employed to
carry out any part of the sponsorship activitie5.
Page 8

THE BRITISH CONTAcf LENS AssoaATION
UMITED (REGISTERED NUMBER: 013360671
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINisfRATIVE DEfAILS
Registered Company number
01336067 IEn8land and Wales)
Reglstered Charlty number
803544
Re81stered offlce
201 Haverstock Hill
Belsize Park
London
NW3 4QG
Trustees
N Retallic
D Dutta
A J Jackson
B Huntjen5
S L Farrant
R K Kapoor
CSCLIU
D Weblev
N Ghorbanl Mojarrad - appointed 19 November 2024
R Gll Cazorla - appointed 19 November 2024
I Sexton - appointed 19 November 2024
I S Grewal- resigned 19 November 2024
L Goldsmith- resigned 30 March 2025
C McElduff - resigned 19 November 2024
A Blackman - resigned 19 November 2024
Cornpany secretary
L O Stevens-Burt
Auditors
J W Hinks LLP
Chartered Accountants
and Statutory Auditors
19 Highfield Road
Edgbaston
Bimiingham
B15 38H
Page 9

THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 013360671
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
Coutts & Co
440 Strand
London
WC2R OQS
CAF Bank
25 King5 Hill Avenue
West Malling
Kent
ME19 4JQ
Chlef Executlve Offlcer
L D Stevens-Burt
STATEMENT OF TRUSTEE5' RESPONSIBILITIES
The trustees (who are also the directors of The 8ritish Contact Lens Associatlon Llm ited for the purpose5 of company lèwl
are responsible for preparlng the Report of the Trustees and the financial statement5 In accordance wlth applicable law and
United Kingdom Accountin8 Standards Iunited Kingdom Generally Accepted Accountin8 Practlcel.
Company law require5 the trustees to prepare flnancial statements for each financial year which give a true and falr view of
the state of affairs of the charitable company and Df the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that period. In preparing those financlal statements. the trustees
re required to
select suitable accounting policies and then apply them conslstently,,
observe the methods and princlples In the Charity SORP,.
make judgements and estlmate5 that are reasonable and prudent;
prepare the flnancial statements on the going concern basis unless it is Inappropriate to presume that the charltable
company wlll continue in buslness.
The trustees are responsible for keepiw proper accountlng records which di5c105e with reasonable accurary at any time the
financial position of the charitable company and to enable them to ensure that the financial statements comply wlth the
Companie5 Act 2006. They are also responsible for safeguarding the a55ets of the cfvaritable company ond hence for takln8
reasonable steps for the prevention and detection of fraud and other irregularities.
Page 10

THE BRillsH CONTAcf LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01336067)
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31 DECEM8ER 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
In so far as the trustee5 are aware..
there is no relevant audit information of which the charitable company's auditor5 are unaware,. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
Informatlon and to establish that the auditors are aware of that Informatlon,
AUDITORS
The auditors, J W Hinks LLP, wlll be proposed for re-appolntment at the forthcomlng Annual General Meeting.
Approved by order of the board of trustees on ,.01 June 2025...,... and signed on its behalf by..
D Webley
- Trustee
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THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 013360671
REPORT OFTHE INDEPENDENT AUDITORS TOTHE MEMBERS OF
ThE BRITISH CONTAcf LEN5 A550CIATION
LIMITED
Oplnlon
We have audited the financial statements of The British Contact Lens A550Ciation Limited Ithe 'charitable company'l and its
subsidlary (the 'group'l for the year ended 31 December 2024 whlch comprise the Consolidated Statement of Financial
Activities. the Consolidated Balance Sheet, the Parent Charity Balance Sheet and notes to the financial statements includin8
summary of signif icant accounting policies. The financial reporting framework that has been applied in their preparation
is applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statement5.'
give a true and falr view of the state of the group and of the charitable company's affalrs as at 31 December 2024 and of
its incoming resources and application of resource5, including its income and expenditure, for the year then ended,.
have been properly prepared accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006,
Basls for oplnlon
We conducted our audit in accordance wbth International Standards on Auditlng IUKI11SAs IUKII and applicable law. Our
responslbillties under those standards are further described in the Audltor5' responslbllities for the audit of the financial
statements section of our report. We are independent of the charitable company in accordance with the ethical
requlrements that are relevant to our audlt of the financial statements in the UK. including the FRC'S Ethlcal Standard, and
we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we hove obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golnK concem
In auditing the financial statements, we have concluded that the trustees, use of the going concern basi5 of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertalntles relatin8 to events or conditions
that, individually or collectively, may cast slgnificont doubt on the charitable company's ability to continue as a 80ing concern
for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibS1itie5 of the trustee5 Wlth respect to going concern are described in the relevant
section5 Of this report.
Other Informatlon
The trustee5 are responsible for the other information. The other Info￿atIOn compri5e5 the information included in the
Annual Report, other than the financlal 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 expre55 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 15 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 rnaterial misstatement in the financial
statements themselves. If, based on the work we have performed, we 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.
Page 12

THE BRITISH CONTACT LENS ASSOCIATION
UMITED (REGISTERED NUMBER: 01336067)
REPORT OF THE INDEPENDENT AUDITORSTOTHE MEMBERS OF
THE BRITISH CONTACT LENS ASSOCIATION
UMITED
Oplnlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audlt..
the infomation given in the Report of the Trusteesfor the financial year forwhich the financial statements are prepared
is consistent with the flnancial statement5- and
the Report of the Trustee5 has been prepared in accordance wlth applicable legal requirements.
Mattets on whlch we are requlred to report by ex¢eptlon
In the light of the knowledge and understhnding of the charlt3ble company and its environment obtalned in the course of
the audit. we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respert of the followln8 matters where the Companles Act 2006 requires us to report to you
If, in our opinion..
adequate accountlng records have not been kept or return5 adequate for our audlt have not been received from
branches not visited by u5,. or
the financial statements are not In agreement with the accounting records and returns; or
certain disclosures of tru5tee5' remuneration specif5ed by law are not made,. or
we have not received all the information and explanations we require for our audit; or
the trustees were not entltled to take advantage of the small companie5 exemption from the requirement to prepare a
Strategic Report or in preparing the Report of the Trustee5.
Respon51bllltles of tnjstees
A5 explained more f ully in the Statement of Trustees, Responsibillties, the trustee5 (who are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial 5taternents and
for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to
enable the preparation of financlal statements that are free from material mi55tatement, whether due to fraud or error.
In preparing the flnanclal statements, the trustee5 are responslble for assessing the charitable cornpany's abilltyto continue
s a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the trustees elther Intend to liquidate the charitable company or to cease operatlons, or have no reallstSc
alternative but to do so.
Page 13

THE 8RrnSH CONTA￿ LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 013360671
REPORT OFTHE INDEPENDENT AUDITORS TOTHE MEMBERS OF
THE BRITISH CONTA￿ LENS ASSOCIATION
LIMITED
Our responslbllitle5 for the audlt of the fSnanclJl statements
Our objectlves are to obtain reasonable assurance aboutwhether the financial statements as a whole are free from material
misstatement. whether due to fraud or error, and to issue a Report of the Independent Auditor5 that includes our opinion.
Reasonable assurance 15 a high level of assurance butls not a 8uarantee that an audit conducted in accordance with ISAS
IUKI will always detect a material mi5Statement when it exist5. Mi55tatements can orise 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 user5 taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularitie5. including fraud is detailed below:
Identifying and testlng journal entrles and the overall accounting records, in partlcular those that were significant
and unusual.
Reviewing the flnancial statement dlsclosures and determlnlng whether accountlng pollcles have been approprlately
applied.
Reviewln8 and challenging the assumptlons and judgements used by management In thelr slgnlflcant accounting
estimate5.
Assessing the extent of compliance, or lack of, with the relevant lav￿ and re8ulations.
- Te5tin8 key revenue lines, in particular cut-off, for evidence of management bias.
Obtainifig third-party Confirmation of material bank balances.
Docvmenting and verifying all significant related party balances and transactions.
Reviewing docLtmentation such as board minutes for discussions of irregularities includin8 fraud.
A further description of our responsibilities for the audit of the financlal statements 15 located on the Flnancial Reporting
Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent
Audltors,
Use of our report
Thls report is made 501ely ta the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Art 2006. Our audlt work has been undertaken so that we might State to the charitable company's members
those matter5 we are required to State to them in an auditors, report and for no other purpose. To the fullest extent
permitted by law, we dp not accept or assume re5ponsi1￿lltYto anyone other than the charitable company and the charitable
company's members as a body, for our audit work. for this report, or for the opinions we have formed.
4CQ
James Cruse
CA, FCCA, 8Sc (Econl Hons (Senior Statutory Auditor)
for and on behalf of J W Hinks LLP
Chartered Accountants
nd Statutory Auditors
19 Hlghfield Road
Edgbaston
Birmingham
B15 3BH
tj
Page 14

THE BRITISH CONTACT LENS ASSOCIATION
UMITED
CONSOUDATED sTATEmE￿r OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable artlvitie5
Conference & exhibitions
Member seNces including Journal
173,834
341.999
805,618
329,495
Investment income
11.451
9,956
Total
527,284
1,145,069
EXPENDITURE ON
Char5table activltles
Conference & exhibltions
Member Services includlng journal
Seminars and courses
434,831
161,307
24.392
756,482
142.315
41,336
Totol
620,530
940,133
NEf IEXPENDITURE) I INCOME
193,246)
204,936
RECONCIUATION OF FUNDS
Total funds brought forward
344,248
139,312
TOTAL FUNDS CARRIED FORWARD
251.OD2
344.248
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activitie5.
The notes form part of these financial statements
Page 15

THE BRMSH CONTAcf LENS ASSOCIATION
LIMITED IREGISTERED NUMBER: 013360671
CONSOLIDATED BALANCE SHEET
31 DECEMBER 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FIXED ASSETS
Tangible fixed assets
503
CURRENT ASSErs
Debtors
Cash at bank
208,756
293,791
232,106
482.101
S02,$47
714,207
CREDITORS
Amount5 falling due within one year
io
(224,7101
1337,1281
NEf CURRE1￿ ASSErs
277,837
377.079
TOTAL ASSETS LESS CURRENT LIABILITIES
278,781
377,582
CREDITORS
Amounts falling due after more than one year
li
127.rn)
133,3341
NEf ASSETS
251,002
344,248
FUNDS
Unrestrlcted funds
13
2SI,002
344.248
TOTAL FUNDS
251,002
344,248
The notes fom part of these flnancial statements
Pa8e 16
continued...

THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED (REGISTERED NUMBER: 013360671
BALAN￿ SHEET- continued
31 DECEMBER 2024
These financial statements have been prepared In &cordance with the provisions applicable to charitable companles subject
to the small companie5. regime.
The financial statements were approved by the Board of Trustees and authorised for Issue on
were signed on its behalf by:
01 June 2025
and
D Webley
- Trustee
S Farrant
- Trustee
The notes form part of these financial staternents
Page 17
continued..-

THE 8RITISH CONTAcf LENS ASSOCIATION
UMITEO {REGISTERED NUMBER: 01336067)
PARENT CHARITY BALANCE SHEET
31 DECEMBER 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FIXED ASSErs
Investrnents
CURRENT ASSETS
Debtors
Cash at bank
556,648
292,791
364,934
481.101
849.439
846.035
CREDITORS
Amounts falling due wlthln one year
io
1188.6141
1245,4531
NEf CURRENT Ass￿5
fAO,825
6CK),582
TOTAL ASSETS LESS CURRENT LIABILITIES
660,827
600,584
CREDITORS
Amounts falling due after more than one year
li
127.779)
133,3341
ASSErs
633,048
567,250
FUNDS
Unrestricted funds
13
633,048
567,250
TOTAL FUNDS
633,048
567,250
The notes fom part of these flnancial statements
Page 18
continued..

THE BRITISH CONTACT LENS ASSOCIATION
LIMITED IREGISTERED NUMBER: 01336067)
BALANCE SHEET- continued
31 DECEMBER 2024
These flnancial statements have been prepared in accordance wlth the provlslon5 oppllcable to charltoble companles subject
to the small companie5, regime.
01 June 2025
The financial ststements were approved by the Board of Trustees and authorised for issue on
were signed on its behalf by:
.and
D Webley
Trustee
S Farrant
Trustee
The notes fomi part of these financial statements
Pa8e 19

THE BRMSH Co￿[A￿ LENS ASSOCIATION
LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENT5
The financial statement5 of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191,, Flnancial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of I relènd, and the Companies Act
2006. The financial statements have been prepared under the historical cost convention, with the exception of
investments which are included at market value.
PREPARATION OF CONSOLIDATED FINANCIAL STATEMEK
The group finantial statements reflect the results and comblned financial posltlon of The British Contact Lens
Association Limited and BCLA Trèding Limited. As permitted by $408 of the Companies Act 2006, the parent
charitable company has not presented its own Income and expendlture account and related note5.
All intra-group transactions, balances and un￿alIsed gain5llosses on transactions between group companies are
elimlnated on consolidatlon. Where necessary* adjustments are made to the financial statement5 of the subsidiary
to bring thelr accountlng policies used into Ilne with those used by the parent charlty.
INCOME
All income is recognised in the Statement of Financial Activitie5 once the charity ha5 entitlement to the funds,. it 15
probable that the income will be received, and the amount can be measured reliably.
Membershlp and conference income is included in the financlal statements on an accruals ba5[5.
Investment Income is Included in the financlal statement5 when recelvable.
EXPENDITURE
Liabilltie5 are recognised as expenditure as soon as there Is a legal or constructive obligation committing the charitv
to that expenditure, it is probable that a transfer of economic benefits will be required in settlement ènd the amount
of the obligatlon can be measured reliably. Expenditure is accounted for on an accrua15 basis and has been classified
under headin85 that aggregate all cost5 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.
Resources expended include attr5butable VAT which cannot be recovered when incurred by the charity.
Governance costs include organisational management and compliance with constitutional and statutory
requirements.
Grants offered subject to conditions which have not been met at the year-end date are noted a5 a commitment but
not accrued as expenditure.
TAXATION
The charity is exempt from corporation tax on its charitable activities.
Page 20
continued...

THE BRinsH CONTAcf LENS ASSOCIATION
LIMITED
NOTESTOTHE FINANCIALSTATEMENTS- ¢ontlnued
FOR THE YEAR ENDED 31 DECEMBER 2014
ACCOUNTING POLICIE5- continued
FUND ACCOUNTING
Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted fund5 can only be used for particular restricted purposes within the objects of the charity. Restriction5
arise when specif led by the donor or when funds a￿ raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund Is included in the notes to the financial statements.
TANGIBLE FIXED ASSETS
Depreclation is provided at the following annual rates in order to wrlte off each asset over its estimated useful lrfe:
Website development- 33% on cost
Flxtures & fitting5- 20% on cost
PENSION COSTS AND OTHER POST.RETIREMENT BENEFITS
The charltable company operate5 a deflned contribution pension scheme. Contrlbutions payable to the charitable
company's pension scheme are charged to the Statement of Flnancial Activities in the perlod to which they relate.
FINANCIAL INSTRUMENTS
The charity has elected to apply the provisions of Section 11 '8asic Financial Instrument5, and Section 12
'Other Flnancial Instruments Issue5, of FRS 102 to all of it5 financial instrurnents.
Flnanclal Instruments are recognised in the company'5 balance sheet when the company becomes party to the
contrartual provlslons of the instrument.
Financlal assets and liabilities are offset, with the net amounts presented In the fTnancial statements, when there Is
a legally enforceable right to Set off the reco8nised amounts and there 15 an intention to settle on a net basis or to
reallse the asset and settle the liability simultaneously.
8a51c financlal assets
Basic flnancial assets, which Include debtor5 and cash & 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 transactlon, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial asset5 classified as receivable within one year are
not amortised.
Bask flnanclal Ilabilltles
Basic financial liabllities, including creditors and loans from fellow group companies are initially recognlsed at
transaction price unle55 the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments discounted at a Market rate of interest. Financial liabilities
classified a5 payable withi n one year are not amortised.
Debt instrument5 are subsequently carried at amortised cost, using the effective interest rate method.
Page 21
continued..

THE BRITISH CONTA￿ LENS ASSOCIATION
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES- continued
FOREIGN CURRENCIES
A55ets and liabilities In foreign currencies are translated into sterlln8 at the rates of exchange ruling at the balance
Sheet date. Transattions in foreign currencle5 are translated into sterling at the rate of exchange rullng at the date
of transaction. Exchange differences are taken Into account In arriving at the operating result.
FINANCIAL INSTRUMENTS
Trade creditors are obligatiorls to pay for goods or seNces that have been acquired in the ordlnary course of
business from suppliers. Amount5 payable are classified as current liabilities if payment is due within one year or
less. If not, they are presented as rnon-current liabilities. Trade creditors are recognised initially at transaction price
and subsequently measured at amortlsed cost using the effective interest method.
INVESTMENT INCOME
2024
2023
Interest received
11.451
9,956
INCOME FROM CHARrrABLE AcfiviTIES
2024
Total
actlvltlfjs
2023
Total
actlvitie5
Subscrlption and Journal income
Conferences and exhibitlons
341.999
173,834
329,495
805,618
515,833
1,135,113
Page 22
continued...

THE BRITISH CONTACT LENS ASSOCIATION
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - Continued
FOR THE YEAR ENOED 31 DECEMBER 2024
INCOMEIIEXPENDrruREI
Net Intome/lexpenditurel Is stated after chargingllcrediting)..
2Q24
2023
Audltors, remuneration
13,593
13,159
TRUSTEES, REMUNERATION AND BENEFITS
During the year ended 31 December 2024, two trustees were reimbursed a total of £1,71812023: £1,089 across two
trustees) in respect of travel expenses.
During the year ended 31 December 2024. one trustee received a total of £15012023.. £7501 in respect of Speaker
fees and 2 trustees recelved a combined total of £50012023: £nlll In respect of contributlons towards certificates.
STAFF COSTS
Z014
2023
Wa8e5 and salaries
Social security c05tS
Other pension costs
201.793
20,348
15.648
198,930
20,894
14,158
237,789
233,982
The average monthly number of employees durlng the year was as follows..
2024
2023
Admlnlstration
Dlrect charitable expenditure
The number of employees whose employee benefits (excluding employer penslon costs) exceeded £60.000 was:
2024
2023
£80,001- £90,000
£90,001- £100,000
The key management personnel of the group received employee benefits in the year of £90,49912023: £82,075).
Page 23
continued...

THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
TANGIBLE FIXED ASSEfs- CONSOLIDATED
Website
Development
Fixtures &
Fittings
Totals
COST
At l January 2024
Additions
Disp05als
Reclassificatlon
31,425
5,514
575
36,939
575
At 31 December 2024
31,425
6.089
37,514
DEPRECIATION
At l January 2024
Charge for year
Eliminated on disposal
Reclassification
31,425
5,011
134
36.346
134
At 31 December 2024
31,425
5,145
36,570
NEf BOOK VALUE
At 31 Oecember 2024
At 31 December 2023
503
503
The parent charity does not hold any tangible fixed assets,
Page 24
continued..-

THE BRMSH CONTAcf LENS ASSOCIATION
LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
FIXED ASSET INVESTMENTS- PARENT CHARITY
Shares in
8roup
undertakings
MARKET VALUE
At l January 2024 and 31 December 2024
NEf BOOK VALUE
At 31 December 2024
At 31 Oecember 2023
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the followlng:
BCLA Tradlng Company Llmlted
Registered offlce.. England and Wales
Nature of bu5ine55: Conference and exhibition hosting
Cla55 of share:
Ordinary
holding
2024
2023
Aggregate capital and reserves
Proflt / Ilossl for the year
1382,0441
Is9,￿}
1223,0001
112,416
DEBTCK¢S: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Ch•rlty
2024
2023
2024
2023
Trade debtor5
Amount5 owed by group undertaklngs
Other debtor5
Prepayments
20,340
65.130
15.000
499.170
2,478
40,000
45,000
271.740
2,478
45.716
20,773
167,643
33.202
133,774
208,756
232,106
556,648
364.934
Pa8e 25
continued.

THE BRITISH CONTAcf LENS ASSOCIATION
UMITED
NOTES TO THE FINANCIAL STATEMENTS - c¢￿tInued
FOR THE YEAR ENDED 31 DECEMBER 2024
io.
CREDITORS: AMOUNTS FALLING DUE WIThIN ONE YEAR
Group
Charlty
2024
2023
2024
2023
Trade creditors
8ank loan5
Social security and other taxes
Other creditor5
Accrua15 and deferred income
3,438
5,556
4,945
12,455
5,556
5,114
1,912
312,091
451
5,556
2,899
1,912
234.635
5,556
2,684
2,000
177,967
208,771
224,710
337.128
188,614
245,453
Deferred income relates to grant and subscrlption income, whereby subscribers pay an annual fee.
Accruals and deferred income include deferred Income of £149,86712024.. £254,888) whlch will be released Into the
Statement of Financial Activities during the year ended 31 December 2025.
ii.
CREDITORS.. AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
Group
ChJrlty
2024
2023
2024
2023
8ank loans
27,779
33,334
27,779
33,334
27,779
33,334
17,779
33,334
LOANS. CONSOLIDATED
An analysis of the moturity of loans is given below:
2024
2023
Bank loans- less than l year
5,556
5,556
Bank loans - 1-2 years
5.556
5,556
Bank loans - 2-5 years
16,667
16,667
Bank loan5 more than 5 years by instalment
5.556
ii.iii
The Group took out a Bounce Back Loan on 16 November 2020. Interest is payable at 2.5% per annum. The loan is
repayable by instalments and is due to be fully repaid 10 year5 after initlal drawdown.
Page 26
continued...

THE BRMSH CONTAcf LENS ASSOCIATION
UMITED
NOTESTO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
13.
MOVEMENT IN FUNDS - CONSOLIDATED
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
344.248
193.246)
251,002
Ti7fAL FUNOS
344,248
93,246)
251,002
Net movement in funds, included In the above are as follows:
Incomln8
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
527,284
1620,5301
193,2461
TOTAL FUNDS
527.Z84
620,5301
93,2461
Comparatlves for movement sn funds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestrlcted lunds
General fund
139,312
204,936
344,248
TOTAL FUNDS
139,312
204,936
344.248
Comparative net movement in funds, included in the above are a5 follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
1,145,069
1940,1331
204,936
TOTAL FUNDS
1,145.069
1940,1331
204,936
Page 27
continued...

THE BRMSH CONTACT LENS ASSOCIATION
UMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
13.
MOVEMEKt IN FUNDS- PARENf CHARtrY
Net
movement
In funds
At
31.12.24
At 1.1.24
Unrestrfcted funds
General fund
567,250
65,798
633,048
TOTAL FUNDS
567,250
65,798
633,048
Net movement In funds, included in the above are as follows:
Incomlng
resources
Resources
expended
Movement
in funds
Unrestrfrted funds
General fund
353,448
1287,6501
65,798
TOTAL FUNDS
353,448
1287,650)
65,798
Comparatlves for movernent In fund5
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestrlrted funds
General fund
474,730
92,520
567,250
TOTAL FUNDS
474,730
92,520
567,250
Comparative net movement in funds, included in the above are as follow5..
Incoming
resources
Resources
expended
Movement
in funds
UnrestTlcted funds
General fund
339.449
1246.9291
92,520
TOTAL FUNDS
339,449
1246,9291
92.520
Page 28
continued...

THE BRITISH CONTAcf LENS ASSOCIATION
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
RELATED PARTY DISCL05URES
Durlng the year ended 31 December 2024 the Group incurred administration expenses of £5,12012023: £nlll from
SB Squared Llmited, a cornpany In which the Group CEO, L D Steven5-8urt, is also a dlrector.
Page 29