ASSOCIATION OF OPTOMETRISTS

1. ASSOCIATION OF OPTOMETRISTS 1987-01-01 → present
2. ASSOCIATION OF OPTICAL PRACTITIONERS (INCORPORATINGTHE JOINT COUNCIL OFQUALIFIED OPTICIANSAND THE INSTITUTE OFOPHTALMIC OPTICIANS)(THE) 1946-02-20 → 1987-01-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Directors have considered relevant information, including the annual budget, forecast future cash flows and the impact of contingent events in making their assessment. The assessment performed did not identify any material uncertainties that may cast doubt on the future viability of the Group and therefore it is appropriate for the financial statements to have been prepared on a going concern basis.”

Group structure

1. ASSOCIATION OF OPTOMETRISTS · parent
   1. Windward Insurance PCC Limited 100% · Guernsey · clinical malpractice deductible infill insurance policy
   2. AOP Services Limited 0% · England and Wales
   3. Vision Care Plan Limited 0% · England and Wales
   4. Sight Care Plan Limited 0% · England and Wales
   5. Optometry Today Limited 0% · England and Wales

Significant events

• “If 2024 was a year of profound change in the external environment, with a change of Government and continued economic uncertainties, internally the AOP has continued to enjoy calm stability in both staff and financial terms.”
• “The announcement by the new Government of its support for the Darzi report, with its recommendation for a shift from treatment to prevention, hospitals to community and analogue to digital, was also entirely consistent with what the AOP had been arguing.”
• “We devised and implemented a new strategy for recruiting and supporting students a key activity given the continuing disruption to the student education system created by the implementation of the General Optical Council's Education Strategic Review and the adjustment of the university teaching system to a post-Covid environment.”
• “The new strategy has seen our student membership levels return to pre-pandemic levels, helping to secure the AOP's future membership numbers.”
• “2024 being the final year of the three-year CPD cycle set by the regulator, there was increased demand for education from among our members and the education programme therefore expanded during the year to attempt to meet this demand.”
• “project to replace our Customer Relationship Management (CRM) system the first step in a wider attempt to transform our IT infrastructure to take advantage of the capabilities delivered by new technology.”
• “We also continued our programme of refurbishing our office, closing it for a short period at the end of the year in order to upgrade the facilities on the remaining office floors and ensuring the space remains an attractive offer to tenants.”
• “2024 saw a significant increase in overall activity across the legal teams - clinical and regulatory, professional discipline, employment and clinical negligence.”
• “A competitive offer from a new insurer was received at the end of 2024 and the decision was taken to move the insurance contract to a new provider for the first time in many years.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.5%

  £10,314,036 → £10,680,003

• Cash

  +9.9%

  £10,362,872 → £11,384,163

• Net assets

  +9.7%

  £7,851,480 → £8,612,321

• Employees

  +3.6%

  55 → 57

• Operating profit

  -64%

  £556,828 → £200,614

• Profit before tax

  -1.2%

  £855,103 → £845,005

• Wages

  +6.4%

  £2,670,142 → £2,842,281

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers