VISION ACTION

Charity Number: 1081695
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Vision Action aims to transform access to eyecare in developing countries. 670 million people worldwide are visually impaired because they do not have access to spectacles, due to the lack of eyecare services available in low income countries.Our work focuses on improving the lives of people marginalised by poor eyesight and is motivated by a belief that good vision should be a right for all

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,038,345

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Donations and legacies £365.04k
Charitable activities £671.13k
Other trading activities £0
Investments £0
Other £2.17k

Total expenditure:
£1,301,364

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Raising funds £123.52k
Charitable activities £1.18m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £123.52k
Charitable expenditure £1.18m

People

33 Employee(s)

8 Trustee(s)

23 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • West Sussex
  • Ethiopia
  • Ghana
  • Sierra Leone
  • Zambia

Governance

Registration history:
  • 21 July 2000: Standard registration
  • 24 November 2021: Funds received from 1142250 OPTOMETRY GIVING SIGHT
  • 11 May 2023: Funds received from 1140123 VISION FOR A NATION FOUNDATION
Organisation type:
Charitable company
Other names:
  • VAO (Working name)
  • VISION AID OVERSEAS (Previous name)
Company number:
04027804 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Zoe Jane Gray Trustee 10 December 2024
None on record
Lucy Jane Soar Trustee 10 May 2023
None on record
Emma Kate Thomas Trustee 10 May 2023
None on record
Anthony HUlton Trustee 02 February 2022
None on record
Dr Ahalya Subramanian Trustee 02 February 2022
None on record
Ving Fai Chan Trustee 13 May 2020
None on record
Ian Kerr Trustee 13 May 2020
None on record
Dr Hannah Bassey Faal Trustee 22 September 2018
MOORFIELDS LIONS KORLE BU TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £1.29m £864.38k £1.40m £1.61m £1.04m
Total expenditure £1.19m £1.02m £1.06m £1.51m £1.30m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £615.17k £272.10k £714.77k £954.50k £365.04k
Income - Other trading activities £100.51k £10.63k £0 £0 £0
Income - Charitable activities £564.68k £565.23k £682.34k £653.55k £671.13k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £4.74k £1.80k £0 £0 £0
Income - Other £0 £14.64k £0 £525 £2.17k
Income - Legacies £319.00k £47.67k £347.13k £347.55k £139.78k
Expenditure - Charitable activities £952.18k £775.39k £948.46k £1.24m £1.18m
Expenditure - Raising funds £238.39k £247.02k £112.79k £271.70k £123.52k
Expenditure - Governance £26.98k £25.31k £10.60k £55.72k £35.52k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £12.57k £6.01k £998 £34.96k £26.20k
Long-term investments £0 £0 £0 £0 £0
Other assets £841.43k £856.81k £991.87k £1.12m £790.07k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £156.21k £323.05k £122.62k £185.65k £101.89k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 28 January 2025 On Time
Accounts and TAR 31 March 2024 28 January 2025 On Time Download Open in new window
Annual return 31 March 2023 29 December 2023 On Time
Accounts and TAR 31 March 2023 29 December 2023 On Time Download Open in new window
Annual return 31 March 2022 24 March 2023 52 days late
Accounts and TAR 31 March 2022 24 March 2023 52 days late Download Open in new window
Annual return 31 March 2021 29 November 2021 On Time
Accounts and TAR 31 March 2021 29 November 2021 On Time Download Open in new window
Annual return 31 March 2020 18 November 2020 On Time
Accounts and TAR 31 March 2020 18 November 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 6TH JULY 2000 AS AMENDED 19 MARCH 2006. AS AMENDED BY SPECIAL RESOLUTION(S) DATED 22 OCT 2017 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 03 DEC 2019 as amended on 12 Dec 2022

Charitable objects

THE OBJECTS OF THE CHARITY ARE THE PRESERVATION AND PROTECTION OF EYE HEALTH AND TREATMENT OF EYE DEFECTS AMONG POOR PERSONS OVERSEAS IN PARTICULAR BY PROVIDING OR ASSISTING IN THE PROVISION OF OPTOMETRIC AND OPTICAL SERVICES, INCLUDING THE PROVISION OF PROFESSIONAL TRAINING AND OTHER RELATED FACILITIES

Area of benefit

The area the charity can operate in, as set out in its governing document.

OVERSEAS

Contact information

Address:
Vision Action
27 Old Gloucester Street
LONDON
WC1N 3AX
Phone:
0300 102 9622
Email:
info@visionaction.org.uk
Website:

www.visionaction.org.uk Open in new window