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THE PEEK VISION FOUNDATION

Registered charity 1165960 · accounts filings on the Charity Commission register · also known as PEEK VISION

Latest income
£5.5m
Latest spending
£4.6m
Registered
2016
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the Group reported a net expenditure of £458,393 for the year ended 31 December 2023, resulting in total unrestricted funds of £3,206,043. The Trustees maintain a reserves policy targeting a minimum of six months of recurrent costs, with the actual reserves significantly exceeding the stated minimum target of £1,500,000 for the year. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: ideal target of twelve months, with a minimum target of six months and an absolute minimum of three months (held: £3.2m)
“Unrestricted funds which have not been designated for a specific area are kept in a separate ‘Reserves Fund’ bank account at a level to pay all Group staff salaries and other recurrent costs for an ideal target of twelve months, with a minimum target of six months and an absolute minimum of three months.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit Limited.

Public fundraising profile: JustGiving — The Peek Vision Foundation (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£5.5m
Total spending
£4.6m
Cost of raising funds
£86k
Reserves (reported)
£4.2m
Employees
48

Reported reserves equal ~10.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Botswana · Ghana · Kenya · Pakistan · Tanzania · Zimbabwe

Income and spending

Financial year endIncomeSpending
31/12/2024£5.5m£4.6m
31/12/2023£4.8m£4.3m
31/12/2022£3.0m£3.7m
31/12/2021£3.4m£2.8m
31/12/2020£4.1m£3.0m

Common questions

Is THE PEEK VISION FOUNDATION financially healthy?

The accounts state that the Group reported a net expenditure of £458,393 for the year ended 31 December 2023, resulting in total unrestricted funds of £3,206,043. The Trustees maintain a reserves policy targeting a minimum of six months of recurrent costs, with the actual reserves significantly exceeding the stated minimum target of £1,500,000 for the year. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Xeinadin Audit Limited.

Who funds THE PEEK VISION FOUNDATION?

Funders whose own accounts filings name THE PEEK VISION FOUNDATION as a grant recipient include LUCILLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
LUCILLE FOUNDATIONFY2023£150k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE PENNIES FOUNDATION1£97k
THE JAMES TUDOR FOUNDATION1£51k
ROBERT LUFF FOUNDATION LIMITED1£25k
SIR SAMUEL SCOTT OF YEWS TRUST1£5k
MISSES BARRIE CHARITABLE TRUST1£3k
THE DIXIE ROSE FINDLAY CHARITABLE TRUST1£3k
SUSANNA PEAKE CHARITABLE TRUST1£2k
THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST1£1k

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Semantically similar by activities and financial character, from our analysed corpus. Compare with Onesight Essilorluxottica Foundation.