THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Company limited by guarantee

Company Registration Number:
07423124 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 0 35,451
Total fixed assets: 0 35,451
Current assets
Cash at bank and in hand: 14 48
Total current assets: 14 48
Creditors: amounts falling due within one year: 4 ( 37,907 ) ( 37,672 )
Net current assets (liabilities): (37,893) (37,624)
Total assets less current liabilities: (37,893) ( 2,173)
Total net assets (liabilities): (37,893) (2,173)
Members' funds
Profit and loss account: (37,893) ( 2,173)
Total members' funds: ( 37,893) (2,173)

The notes form part of these financial statements

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Balance sheet statements

For the year ending 31 October 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 31 July 2024
and signed on behalf of the board by:

Name: Christopher Wray
Status: Director

The notes form part of these financial statements

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 November 2022 35,451 35,451
Additions
Disposals
Revaluations
Transfers
At 31 October 2023 35,451 35,451
Amortisation
At 1 November 2022 0 0
Charge for year 35,451 35,451
On disposals
Other adjustments
At 31 October 2023 35,451 35,451
Net book value
At 31 October 2023 0 0
At 31 October 2022 35,451 35,451

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 37,907 37,672
Total 37,907 37,672

COMMUNITY INTEREST ANNUAL REPORT

THE CENTRE FOR VISION IN THE DEVELOPING WORLD C.I.C.

Company Number: 07423124 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The company has continued to develop self-refraction glasses for use in the developing world, where there are too few eye care professionals to serve the population. During the period the company has continued to work with its manufacturing partner to bring the glasses into production and to develop distribution programmes in conjunction with NGOs and other potential distributors in the developing world. The company has also continued to work with research partners in relation to clinical trials of the new glasses.

Consultation with stakeholders

The company's stakeholders are our distribution partners comprising NGOs and school programmes in the developing world; clinical researchers in the field of self-refraction and refractive vision correction; and end-users in the developing world who need but do not currently have access to vision correction. The company has consulted with potential distribution partners in order to design pilot distribution programmes. The company has also consulted with clinical researchers in relation to clinical trials of the new glasses.

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
31 July 2024

And signed on behalf of the board by:
Name: Christopher Wray
Status: Director