VISIONBRIDGE CIC

Company limited by guarantee

Company Registration Number:
10238673 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

VISIONBRIDGE CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

VISIONBRIDGE CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 1,385 0
Cash at bank and in hand: 136 24
Total current assets: 1,521 24
Creditors: amounts falling due within one year: 4 ( 807 ) ( 967 )
Net current assets (liabilities): 714 (943)
Total assets less current liabilities: 714 ( 943)
Total net assets (liabilities): 714 (943)
Members' funds
Profit and loss account: 714 ( 943)
Total members' funds: 714 (943)

The notes form part of these financial statements

VISIONBRIDGE CIC

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit 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 accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 14 February 2024
and signed on behalf of the board by:

Name: Mrs L J Heitz Jackson
Status: Director

The notes form part of these financial statements

VISIONBRIDGE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.

    Other accounting policies

    Financial instrumentsThe Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

VISIONBRIDGE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

VISIONBRIDGE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Debtors

2023 2022
£ £
Other debtors 1,385 0
Total 1,385 0

VISIONBRIDGE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 0 217
Taxation and social security 207 0
Other creditors 600 750
Total 807 967

COMMUNITY INTEREST ANNUAL REPORT

VISIONBRIDGE CIC

Company Number: 10238673 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

During 2022/23, The VisionBridge network of professional and patient advocates has continued to contribute press articles, provide Reports and deliver Talks to societies, clubs and social networks, eye health professionals and healthcare professionals, voluntary sector organisations and stakeholders in the provision of eye health and eye care. VisionBridge continues to raise awareness of sight loss and eye research based in the UK. VisionBridge has also supported a range of conferences, exhibitions and workshops, highlighting the extraordinary advances in eye research from cell biology and basic research to the use of artificial intelligence (AI) and robotics.

Consultation with stakeholders

VisionBridge has worked closely with charity partners and is supported by a range of stakeholder organisations such as the Association for Independent Optometrists and Dispensing Opticians, Association of Optometrists, Women's Institute (WI), Organisers of annual trade events (e.g. 100% Optical - London and Eyecare - Glasgow), social networks (e.g. cafe scientifiques, Lions clubs) ophthalmological and optometric suppliers, schools and voluntary sector organisations (e.g Thomas Pocklington Trust, Visionary and Birmingham Vision).

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 February 2024

And signed on behalf of the board by:
Name: Mrs L J Heitz Jackson
Status: Director