FOUNDATION OF THE SOCIETY OF RETINA SPECIALISTS

Charity number: 1140791
Charity reporting is up to date (14 days late)

Charity overview

Activities - how the charity spends its money

The promotion of education and research in the field of retinal and macula surgery and the exchange of knowledge between specialists in Europe.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£5,698,986

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Donations and legacies £0
Charitable activities £5.65m
Other trading activities £0
Investments £46.08k
Other £0

Total expenditure:
£6,713,054

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Raising funds £0
Charitable activities £6.71m
Other £0

£45,017 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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £6.71m

People

2 Employee(s)

11 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

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

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England
  • Belgium
  • France
  • Germany
  • Ireland
  • Italy
  • Netherlands
  • Switzerland
  • United States

Governance

Registration history:
  • 11 March 2011: Standard registration
Organisation type:
Charitable company
Other names:
  • EU RETINA (Working name)
Company number:
07472064 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • 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
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
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

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Martin Sebastian Zinkernagel Trustee 30 September 2021
None on record
Dr Patricia Udaondo Trustee 30 September 2021
None on record
Prof Caroline C W Klaver Trustee 30 September 2021
None on record
Dr Reinier Schlingemann Trustee 06 September 2019
None on record
Jens Folke Kiilgaard Trustee 06 September 2019
None on record
Dr Nicole Eter Trustee 06 September 2019
None on record
Edoardo Midena Trustee 19 September 2018
None on record
PROF RAMIN TADAYONI Trustee 26 February 2014
None on record
ALISTAIR LAIDLAW Trustee 26 February 2014
None on record
ANAT LOEWENSTEIN Trustee 29 January 2013
None on record
Dr FRANK HOLZ Trustee 29 January 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £4.53m £2.29m £2.77m £4.70m £5.70m
Total expenditure £3.49m £2.29m £2.69m £5.09m £6.71m
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 £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £4.53m £2.29m £2.77m £4.70m £5.65m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £46.08k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £3.49m £2.29m £2.69m £5.09m £6.71m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £49.36k £28.98k £60.45k £62.60k £428.11k
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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £0 £0 £0 £0 £0
Long-term investments £1.15m £1.18m £1.19m £1.03m £2.44m
Other assets £6.81m £7.21m £7.00m £6.77m £4.88m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £361.35k £673.56k £608.42k £815.62k £1.18m

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 December 2023 14 November 2024 14 days late
Accounts and TAR 31 December 2023 31 October 2024 On Time Download Open in new window
Annual return 31 December 2022 19 February 2024 111 days late
Accounts and TAR 31 December 2022 19 February 2024 111 days late Download Open in new window
Annual return 31 December 2021 26 October 2022 On Time
Accounts and TAR 31 December 2021 26 October 2022 On Time Download Open in new window
Annual return 31 December 2020 29 October 2021 On Time
Accounts and TAR 31 December 2020 29 October 2021 On Time Download Open in new window
Annual return 31 December 2019 11 October 2020 On Time
Accounts and TAR 31 December 2019 11 October 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 16 DEC 2010

Charitable objects

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE SPECIFICALLY RESTRICTED TO ADVANCING EDUCATION FOR THE PUBLIC BENEFIT BY: 2.1 PROMOTING THE EXCHANGE OF KNOWLEDGE BETWEEN RETINAL AND MACULA SPECIALISTS IN EUROPE; 2.2 STIMULATING AND ENCOURAGING RETINAL AND MACULA RESEARCH IN EUROPE; 2.3 PROMOTING THE PUBLICATION OF THE USEFUL RESULTS OF THE CHARITY'S WORK; 2.4 KEEPING CONTACT WITH SIMILAR GROUPS IN OTHER CONTINENTS; AND 2.5 SUPPORTING RETINAL AND MACULA RESEARCH AND EDUCATION BY THE PROVISION OF FINANCIAL SUPPORT AND / OR SPECIALIST SUPPORT AND ADVICE.

Area of benefit

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

NOT DEFINED.

Contact information

Address:
Office 17
The Old Station House
15a Main Street
Blackrock
Co. Dublin
Phone:
+35312100092
Email:
euretina@euretina.org
Website:

euretina.org