REGISTERED COMPANY NUMBER: 05001958 (England and Wales)

REGISTERED CHARITY NUMBER: 1107638

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

The Association of Health Professions in

Ophthalmology

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

13

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are to promote a practice, education, training and research in the field of ophthalmology and vision science throughout the United Kingdom by promoting high standards of care and treatment of patients with disease or disability affecting the eyes or vision, advancing public education in ophthalmology and vision science, and representing the needs and interests of ophthalmology and vision science in the provision and advancement of healthcare. The charity also aims to encourage and support education into the prevalence, risk factors and treatment of ophthalmic diseases for the public benefit.

Significant activities

During the year, the charity has continued to develop its teaching programmes as a registered training provider to deliver training in Healthcare Science/Ophthalmic and Vision Science for Ophthalmic associate practitioners. The charity has also continued to offer training for assessors as well as continuing to work with its students on the Association of Health Professions in Ophthalmology diploma in Ophthalmic Vision & Science.

FINANCIAL REVIEW

Financial position

The attached financial statements show the current state of the company finances, which the Trustees consider to be satisfactory. The main source of income is from student course fees. The charity does not raise funds from the public.

The charity's banker is the Co-operative Bank.

Reserves policy

The Trustees regularly review the Charity's level of reserves held against the expected expenditure. They consider the current level of reserves allow them to meet the Charity's objectives.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The charity is organised as an independent association of organisations interested in furthering the objects of the charity. It has a board of trustees who are also directors and a company secretary.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05001958 (England and Wales)

Registered Charity number

1107638

Registered office

59 New Street

Burton-on-Trent

Staffordshire

DE14 3QY

Trustees

Ms R M McNamara

M E Bairstow

Company Secretary

Dr R J Harrison

Independent Examiner

Bourne & Co

Chartered Accountants

6 Lichfield Street

Burton-on-Trent

Staffordshire

DE14 3RD

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 1 October 2025 and signed on its behalf by:

Dr R J Harrison - Secretary

Independent examiner's report to the trustees of The Association of Health Professions in Ophthalmology ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mrs K L Moult

Bourne & Co

Chartered Accountants

6 Lichfield Street

Burton-on-Trent

Staffordshire

DE14 3RD

1 October 2025

31.5.25

31.5.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Diploma income

10,213

25,479

Consultations

-

19,427

Investment income

2

9,799

2,563

Other income

23,286

-

Total

43,298

47,469

EXPENDITURE ON

Raising funds

3

61,905

26,086

Charitable activities

Diploma income

-

1,283

Consultations

-

282

Other

-

47,087

Total

61,905

74,738

NET INCOME/(EXPENDITURE)

(18,607

)

(27,269

)

RECONCILIATION OF FUNDS

Total funds brought forward

101,644

128,913

TOTAL FUNDS CARRIED FORWARD

83,037

101,644

31.5.25

31.5.24

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

8

463

7,448

Investment property

9

-

140,000

463

147,448

CURRENT ASSETS

Debtors

10

-

3,596

Cash at bank

84,669

951

84,669

4,547

CREDITORS

Amounts falling due within one year

11

(2,095

)

(50,351

)

NET CURRENT ASSETS

82,574

(45,804

)

TOTAL ASSETS LESS CURRENT LIABILITIES

83,037

101,644

NET ASSETS

83,037

101,644

FUNDS

12

Unrestricted funds

83,037

101,644

TOTAL FUNDS

83,037

101,644

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 1 October 2025 and were signed on its behalf by:

M E Bairstow - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

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

Expenditure

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

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Related party exemption

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	INVESTMENT INCOME

31.5.25

31.5.24

£

£

Rents received

9,799

2,563

3.	RAISING FUNDS

Raising donations and legacies

31.5.25

31.5.24

£

£

Support costs

43,982

-

Investment management costs

31.5.25

31.5.24

£

£

Rent collection

3,811

-

Aggregate amounts

61,905

26,086

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.5.25

31.5.24

£

£

Depreciation - owned assets

271

2,741

Surplus/(deficit) on disposal of fixed assets

(23,286

)

716

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 May 2025 nor for the year ended 31 May 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024.

6.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.5.25

31.5.24

Administration

-

2

No employees received emoluments in excess of £60,000.

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Diploma income

25,479

Consultations

19,427

Investment income

2,563

Total

47,469

EXPENDITURE ON

Raising funds

26,086

Charitable activities

Diploma income

1,283

Consultations

282

Other

47,087

Total

74,738

NET INCOME/(EXPENDITURE)

(27,269

)

RECONCILIATION OF FUNDS

Total funds brought forward

128,913

TOTAL FUNDS CARRIED FORWARD

101,644

8.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 June 2024

11,900

6,194

18,094

Disposals

(11,900

)

(3,898

)

(15,798

)

At 31 May 2025

-

2,296

2,296

DEPRECIATION

At 1 June 2024

5,276

5,370

10,646

Charge for year

-

271

271

Eliminated on disposal

(5,276

)

(3,808

)

(9,084

)

At 31 May 2025

-

1,833

1,833

NET BOOK VALUE

At 31 May 2025

-

463

463

At 31 May 2024

6,624

824

7,448

9.	INVESTMENT PROPERTY

£

FAIR VALUE

At 1 June 2024

140,000

Disposals

(140,000

)

At 31 May 2025

-

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

140,000

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

-

1,875

Other debtors

-

29

Prepayments

-

1,692

-

3,596

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Social security and other taxes

152

-

Other creditors

(1

)

48,331

Accrued expenses

1,944

2,020

2,095

50,351

12.	MOVEMENT IN FUNDS

Net

movement

At

At 1.6.24

in funds

31.5.25

£

£

£

Unrestricted funds

General fund

101,644

(18,607

)

83,037

TOTAL FUNDS

101,644

(18,607

)

83,037

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

43,298

(61,905

)

(18,607

)

TOTAL FUNDS

43,298

(61,905

)

(18,607

)

Comparatives for movement in funds

Net

movement

At

At 1.6.23

in funds

31.5.24

£

£

£

Unrestricted funds

General fund

128,913

(27,269

)

101,644

TOTAL FUNDS

128,913

(27,269

)

101,644

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

47,469

(74,738

)

(27,269

)

TOTAL FUNDS

47,469

(74,738

)

(27,269

)

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

Net

movement

At

At 1.6.23

in funds

31.5.25

£

£

£

Unrestricted funds

General fund

128,913

(45,876

)

83,037

TOTAL FUNDS

128,913

(45,876

)

83,037

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

90,767

(136,643

)

(45,876

)

TOTAL FUNDS

90,767

(136,643

)

(45,876

)

13.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 May 2025.