Portsmouth Association For The Blind - Charities report

REGISTERED COMPANY NUMBER: 07575651 (England and Wales)

REGISTERED CHARITY NUMBER: 1142574

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Portsmouth Association For The Blind

Page

Chairman's Report

1

Report of the Trustees

2

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

14

The Charity has continued to support its members throughout the year.

Our lunch clubs remain very popular, along with the bingo and singing groups. All very well attended and very beneficial and appreciated by our members.

The members have enjoyed various outings throughout the year, including pub lunches and a visit to the Lord Mayors parlor for afternoon tea.

The Charity received a donation from the Lord Mayors Trust we will be using the donation by introducing a new group in the New Year, an 'armchair' exercise class will be starting in January. We already have a lot of interest in it.

We continue to run our minibus to bring members into the Centre, a much needed and appreciated service.

Our collection pots are still being collected by our volunteer, he has managed to place pots in more shops/businesses throughout Portsmouth. They bring in much needed funds.

Going forward there are still challenges finding volunteers, especially volunteer minibus drivers, but the search continues.

We are, as ever, very grateful to our small group of volunteers, without them the groups simply would not run. Some have been with the Charity for over twenty years.

We encourage not only people with a visual impairment but also anyone that feels lonely or isolated to come into the centre.

We look forward to 2026.

Many members refer to the charity as their 'second home' some have no family or if they do they don't see them as often as they would like.

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 March 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).

ACHIEVEMENTS AND PERFORMANCE

Achievements and performance

It has been a good year for the Charity, the social groups are growing and have welcomed new members.

The lunches are still being subsidised due to the donation we received.

The Charity has received a number of donations throughout the year. Our pot collections continue and are a good source of income for the Charity, also raising awareness. We still continue to run our mini bus which is an invaluable asset to the Charity as many that use it may not come in to the Centre if they had to get a taxi or rely on a family member. Our new armchair exercise class starts up in the New Year breakfast club in the New Year.

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.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07575651 (England and Wales)

Registered Charity number

1142574

Registered office

283 St Saviours Church

"The Hayes Centre", Twyford Avenue

Stamshaw

Portsmouth

Hampshire

PO2 8PD

Trustees

B C Pike

Mrs I Smith

P Wanley

D French

P Oakley-Cleife

Company Secretary

Miss C M Bill

Independent Examiner

Barter Durgan

Chartered Accountants

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

Approved by order of the board of trustees on 16 December 2025 and signed on its behalf by:

D French - Trustee

Independent examiner's report to the trustees of Portsmouth Association For The Blind ('the Company')

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

Barter Durgan

Chartered Accountants

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

16 December 2025

2025

2024

Unrestricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

18,239

11,500

Other income

45,712

2,320

Total

63,951

13,820

EXPENDITURE ON

Raising funds

2

42,244

32,494

Other

30,957

29,522

Total

73,201

62,016

NET INCOME/(EXPENDITURE)

(9,250

)

(48,196

)

RECONCILIATION OF FUNDS

Total funds brought forward

300,842

349,038

TOTAL FUNDS CARRIED FORWARD

291,592

300,842

2025

2024

Unrestricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

7

1,095

1,271

Investments

8

221,746

262,419

222,841

263,690

CURRENT ASSETS

Debtors

9

648

484

Cash at bank and in hand

70,029

37,285

70,677

37,769

CREDITORS

Amounts falling due within one year

10

(1,926

)

(617

)

NET CURRENT ASSETS

68,751

37,152

TOTAL ASSETS LESS CURRENT
LIABILITIES

291,592

300,842

NET ASSETS

291,592

300,842

FUNDS

11

Unrestricted funds

291,592

300,842

TOTAL FUNDS

291,592

300,842

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 16 December 2025 and were signed on its behalf by:

D French - 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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

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.

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.	RAISING FUNDS

Raising donations and legacies

2025

2024

£

Postage and stationery

249

350

Depreciation

176

215

Support costs

-

31,705

425

32,270

3.	NET INCOME/(EXPENDITURE)

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

2025

2024

£

Depreciation - owned assets

176

215

Surplus on disposal of fixed assets

(45,712

)

(2,320

)

4.	TRUSTEES' REMUNERATION AND BENEFITS

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

Trustees' expenses

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

5.	STAFF COSTS

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

2025

2024

Secretary

1

Administration and social centre

1

2

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

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

11,500

Other income

2,320

Total

13,820

EXPENDITURE ON

Raising funds

32,494

Other

29,522

Total

62,016

NET INCOME/(EXPENDITURE)

(48,196

)

RECONCILIATION OF FUNDS

Total funds brought forward

349,038

TOTAL FUNDS CARRIED FORWARD

300,842

7.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 April 2024 and 31 March 2025

2,183

13,308

15,491

DEPRECIATION

At 1 April 2024

1,315

12,905

14,220

Charge for year

87

89

176

At 31 March 2025

1,402

12,994

14,396

NET BOOK VALUE

At 31 March 2025

781

314

1,095

At 31 March 2024

868

403

1,271

8.	FIXED ASSET INVESTMENTS

Listed

investments

£

MARKET VALUE

At 1 April 2024

262,419

Disposals

(85,000

)

Revaluations

44,327

At 31 March 2025

221,746

NET BOOK VALUE

At 31 March 2025

221,746

At 31 March 2024

262,419

There were no investment assets outside the UK.

Cost or valuation at 31 March 2025 is represented by:

Listed

investments

£

Valuation in 2021

(26,484

)

Valuation in 2022

47,937

Valuation in 2023

(8,460

)

Valuation in 2024

2,005

Valuation in 2025

(40,673

)

Cost

247,421

221,746

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Prepayments

648

484

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

1

Social security and other taxes

535

616

Accruals and deferred income

1,390

-

1,926

617

11.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

Unrestricted funds

General fund

300,842

(9,250

)

291,592

TOTAL FUNDS

300,842

(9,250

)

291,592

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

63,951

(73,201

)

(9,250

)

TOTAL FUNDS

63,951

(73,201

)

(9,250

)

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

Unrestricted funds

General fund

349,038

(48,196

)

300,842

TOTAL FUNDS

349,038

(48,196

)

300,842

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

13,820

(62,016

)

(48,196

)

TOTAL FUNDS

13,820

(62,016

)

(48,196

)

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

Net

movement

At

At 1.4.23

in funds

31.3.25

£

Unrestricted funds

General fund

349,038

(57,446

)

291,592

TOTAL FUNDS

349,038

(57,446

)

291,592

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

77,771

(135,217

)

(57,446

)

TOTAL FUNDS

77,771

(135,217

)

(57,446

)

12.	RELATED PARTY DISCLOSURES

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