SECOND SIGHT
Financial health, per its FY2026 accounts
The accounts state that unrestricted reserves decreased from £341,019 to £317,259 due to a net expenditure exceeding income. The trustees report that these reserves are sufficient to maintain the charity for the foreseeable future, supported by long-term donors. The charity operates with no paid staff and minimal administrative costs, utilizing 100% of funds for charitable activities.
What the accounts disclose
“Reserves at the end of the year under review were sufficient to maintain the Charity for the Foreseeable future.” — page 7
“M Rees paid £Nil as a gift (2025: £1,590)” — page 17
“B S Bundhoo paid £1,500 as a gift (2025: £1,500)” — page 17
“M Rees paid £Nil as a gift (2025: £1,590)” — page 17
“B S Bundhoo paid £1,500 as a gift (2025: £1,500)” — page 17
“M Rees paid £Nil as a gift (2025: £1,590)” — page 17
“B S Bundhoo paid £1,500 as a gift (2025: £1,500)” — page 17
Trustees
- Dr LUCY MATHENchair
- Dr LUCY MATHEN
- Francisca van Holthoon
- MARK REES
- Ruth Tipping
- SABILAH BUNDHOO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £388k | £412k |
| 31/03/2025 | £419k | £384k |
| 31/03/2024 | £416k | £314k |
| 31/03/2023 | £279k | £386k |
| 31/03/2022 | £455k | £572k |
Common questions
Is SECOND SIGHT financially healthy?
The accounts state that unrestricted reserves decreased from £341,019 to £317,259 due to a net expenditure exceeding income. The trustees report that these reserves are sufficient to maintain the charity for the foreseeable future, supported by long-term donors. The charity operates with no paid staff and minimal administrative costs, utilizing 100% of funds for charitable activities. Its FY2026 accounts were independently examined.
Who funds SECOND SIGHT?
Funders whose own accounts filings name SECOND SIGHT as a grant recipient include THE BOLTINI TRUST, THE TULA TRUST LIMITED, THE GENERATIONS FOUNDATION, THE OAKDALE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BOLTINI TRUST | FY2025 | £6k |
| THE BOLTINI TRUST | FY2024 | £6k |
| THE TULA TRUST LIMITED | FY2024 | £5k |
| THE GENERATIONS FOUNDATION | FY2023 | £5k |
| THE OAKDALE TRUST | FY2025 | £2k |
| THE GENERATIONS FOUNDATION | FY2022 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR SAMUEL SCOTT OF YEWS TRUST | 2 | £10k |
| THE ULVERSCROFT FOUNDATION | 2 | £5k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £110k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £72k |
| HAMPTON FUEL ALLOTMENT | 1 | £57k |
| THE JAMES TUDOR FOUNDATION | 1 | £51k |
| Arthritis UK | 1 | £50k |
| Fight for Sight | 1 | £50k |