INDIVIDUAL TECHNOLOGY SOLUTIONS LTD
We provide grants for communication equipment to Blind and Vision Impaired throughout the UK, for those who would otherwise be unable to afford them and meet our eligibility criteria. We also provide support and training to successful applicants. We work in partnership with other organisations in the Sight Loss Sector.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £28,678 for the year, with total income falling significantly to £38,166 from £489,666 in the previous year. Total reserves decreased to £255,249, of which only £35,249 was unrestricted and undesignated. The trustees confirm the financial statements are prepared on a going concern basis, citing sufficient budgeted income and reserves to continue operations.
What the accounts disclose
“Individual Technology Solutions is required to ensure that free monies are available in each financial year to meet any reasonably foreseeable contingency.” — page 5
“The charitable company took over the operations of the unincorporated charity, Telephones for the Blind, registered no 255155, in January 2022 and the investment assets of that charity were transferred to the charitable company in January 2023. Robert Hughes, Alison Evans, Daniel Brookbank and Stephen Saunders are also trustees of Telephones for the Blind.” — page 4
Trustees
- Dr Robert Hugheschair
- Alison Evans
- Daniel David Brookbank
- Gary Nicholas Eady
- Kirstie Angela Thomas
- Stephen Saunders
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £38k | £89k |
| 31/12/2023 | £490k | £124k |
| 31/12/2022 | £16k | £75k |
| 31/12/2021 | £0 | £11k |
Common questions
Is INDIVIDUAL TECHNOLOGY SOLUTIONS LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £28,678 for the year, with total income falling significantly to £38,166 from £489,666 in the previous year. Total reserves decreased to £255,249, of which only £35,249 was unrestricted and undesignated. The trustees confirm the financial statements are prepared on a going concern basis, citing sufficient budgeted income and reserves to continue operations. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/12/2022 | £10k | Inclusion for blind and partially sighted people through communication |