OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2024-12-31-accounts

Lighthouse Christian Books and Café

Trustees’ Annual Report

For the period 1[st] January, 2024 to 31[st] December, 2024

Reference and administration details:

Charity name:

Lighthouse Christian Books and Café

The charity’s previous name: New Creation Christian Book and Coffee Shop Registered charity number: 1063924 Charity's address: Lighthouse 13 Bampton Street Tiverton Devon Postcode: EX16 6AA Phone Number 01884 255769 Email Address office@lighthousetiverton.org.uk Web-site www.lighthousetiverton.org.uk

Names of the charity Trustees who managed the charity during the period:

Trustee name Office (if any)

Major changes made during the year

At the end of March, Bruce Govett resigned as a trustee.

Page 1 of 8

TAR – 2024

Lighthouse Christian Books and Café

Trustees’ Annual Report

For the period 1[st] January, 2024 to 31[st] December, 2024

Structure, governance and management

The Trust’s governing document is a Trust Deed dated 12[th] June, 1997 as amended on 9[th] December, 2019 to allow the Charity to change its name from New Creation Christian Book and Coffee Shop to Lighthouse Christian Books and Café. This constitutes the charity as a Trust. Any new Trustee is selected by existing Trustees.

The charity’s organisational structure and relationship with any related parties.

The overall management of the charity is carried out by the Trustees while the day-to-day running is carried out by the shop’s manager and café manager.

The trustees are responsible for:

The manager and café manager are together responsible for:

The shop’s manager deals mainly with the book shop while the café manager deals mainly with the café although they will deputise for each other when necessary.

The trustees usually meet regularly (approximately four times a year) as a management committee and the shop manager and café manager will attend the meeting as necessary (at least for part of the meeting). Following prayer together, they review the immediate past performance, the current situation and decide on any future development.

If any matters turn up between meetings these are normally dealt with by email and ratified at the next meeting. As the premises are rented the trustees keep in contact with the landlords as to the condition of the building.

Page 2 of 8

TAR – 2024

Lighthouse Christian Books and Café

Trustees’ Annual Report

For the period 1[st] January, 2024 to 31[st] December, 2024

Objectives and activities

Summary of the objectives of the charity as set out in its governing document:

To advance the Christian faith, in particular by the distribution of Bibles and other Christian literature and of other Christian goods; and such other charitable purposes as the Trustees shall determine.

Summary of the main activities undertaken for the public benefit in relation to these objectives:

The Charity was established to provide Christian resources for members of Tiverton and district churches and fellowships, Sunday Schools and Youth Fellowships; as an outreach to the people of the area and to spread the Gospel (Good News) of Jesus Christ to the general public.

It fulfils these aims by running a book shop and café in Tiverton, which is normally open five and a half days a week.

The book shop stocks Christian books, CDs, DVDs, greetings cards and other gifts, including fair-traded goods. Wherever possible, our stock is obtained from Christian suppliers and most of it carries some form of Christian message. There is also a second-hand book section selling Christian books, CDs and DVDs that have been donated.

The café supplies hot and cold drinks, all day snacks and light lunches. Most of the food is prepared and cooked on the premises. As well as an in-doors seating area, there is the Harbour , a courtyard behind the shop, which can be used by the café’s customers when the weather is suitable.

The Charity also attends external events, such as the Mid-Devon Show, and will visit local churches and other events, when invited, to provide a stand selling books and other goods.

There is a Room Downstairs which is available for individuals or groups to use, free of charge. It is used for various meetings during the year including a lunch-time prayer meeting on Tuesdays and an early morning prayer meeting on Thursdays. It is also the location of the second-hand book section and provides an overflow area for the café.

The charity also provides a place of opportunity for Christian service in the bookshop and café, a sanctuary and place of refreshment for body, mind and spirit, a place of prayer and, wherever possible, monetary support for other Christian Charities and ventures.

Page 3 of 8

TAR – 2024

Lighthouse Christian Books and Café

Trustees’ Annual Report

For the period 1[st] January, 2024 to 31[st] December, 2024

Achievements and performance

Summary of the main achievements of the charity during the year:

Very little outside the normal day to day running of the charity happened during the year.

We again showed a financial improvement over the previous year by reducing our overall losses from £4,592 to £3,083.32. Although we were able to increase in trading revenue and donations by £3,910 over the previous year, our outgoings also increased by £2,402. The full accounts are set out on pages 7 and 8.

We were able to meet the deficit out of the charity’s reserves. The trustees thank God that in previous years He has supplied a surplus of income that has allowed us to continue trading during periods when we do not make a profit. We believe that as long as He wants the shop to continue trading in Tiverton He will provide for our financial needs, but we also realise that we have a responsibility to make sure that the business is run as efficiently as possible.

We, the trustees, give thanks to the employees who not only carry out their duties but go over and beyond what they are employed to do. And we also give thanks to the many volunteers who help in so many ways, serving in the shop, waiting in the café and working in the kitchen.

Next, we give thanks to the many local people who support us by using the book shop and café, giving donations and praying for the work.

Lastly, we would like to give glory to the Lord, who has watched over first New Creation and now Lighthouse for the last 36 years, providing all our needs.

Financial review

Brief statement of the charity’s policy on reserves:

As part of their area of responsibility, the Trustees have established a Reserve Policy requiring reserves of approximately six months expenses, and this has been calculated as £25,000.00.

At present the charity has excess of this in its reserves.

Details of any funds materially in deficit:

This is not applicable as accounts are prepared on a Receipts and Payments basis.

Page 4 of 8

TAR – 2024

Lighthouse Christian Books and Café

Trustees’ Annual Report

For the period 1[st] January, 2024 to 31[st] December, 2024

Declaration

The Trustees declare that they have approved the Trustees’ report above. Signed on behalf of the charity’s Trustees

Signature: Richard Apps Full Name: Position: Trustee – Treasurer Date: 1[st] September 2025

Page 5 of 8

TAR – 2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIGHTHOUSE CHRISTIAN BOOKS AND CAFÉ

I report on the accounts of the charity for the year ended 31 December 2024 which are set out on pages 7 and 8.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with section 130 of the 2011 Act; and

  2. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

  3. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

John Anderson BA CPFA

30th August 2025

Meadowside High Street Halberton Tiverton EX16 7AG

Page 6 of 8

LIGHTHOUSE CHRISTIAN BOOKS AND CAFÉ Reg Charity No: 1063294

RECEIPTS AND PAYMENT ACCOUNTS - 2024

RECEIPTS AND PAYMENTS ACCOUNT – 2024

1 January, 2024 to 31 December, 2024
Receipts
£
Sales
Goods – General
18,845.24
Goods – Bibles
1,820.91
Goods – 3rd World
336.92
Second-hand Books
1,123.00
Vouchers (net)
146.36
Café
24,717.42
Donations
Grants
Other Income
Interest
HSBC
Payments
£
Purchases
Bookshop
13,517.55
Café
4,135.95
Merchant Services charges
Gifts/Adverts
Insurances
Print, Stationery and Postage
Rent
Repairs, Renewals and Capital Outlay
Employee costs
Utilities
Electricity Supply
1,016.04
Gas Supply
687.37
Phone and Internet
481.58
Water Supply
613.35
Business Rates
30.00
Subscriptions and Licences
Sundries
Administration
Bank Charges
Surplus/Deficit
Total Receipts
Total payments
TOTAL RECEIPTS
TOTAL PAYMENTS
TOTAL SURPLUS/DEFICIT
£
46,989.85
10,735.85
0.00
30.00
57,755.70
756.09
58,511.79
£
17,653.50
465.63
300.00
1,164.12
139.09
10,749.96
1,352.79
26,315.70
2,828.34
275.71
168.00
0.00
182.27 ##
61,595.11
£
58,511.79
61,595.11
-3,083.32
1 January, 2023 to 31 December, 2023
£
£
18,318.10
1,225.77
474.80
1,076.04
-81.24
21,755.68
42,769.15
11,088.19
0.00
125.00
53,982.34
618.97
54,601.31
£
£
12,573.95
3,392.55
15,966.50
495.70
395.00
1,081.11
157.28
10,749.96
1,939.11
24,712.91
961.30
756.59
609.65
338.16
169.16
2,834.86
254.07
126.80
308.18
171.95
59,193.43
£
54,601.31
59,193.43
-4,592.12
1 January, 2023 to 31 December, 2023
£
£
18,318.10
1,225.77
474.80
1,076.04
-81.24
21,755.68
42,769.15
11,088.19
0.00
125.00
53,982.34
618.97
54,601.31
£
£
12,573.95
3,392.55
15,966.50
495.70
395.00
1,081.11
157.28
10,749.96
1,939.11
24,712.91
961.30
756.59
609.65
338.16
169.16
2,834.86
254.07
126.80
308.18
171.95
59,193.43
£
54,601.31
59,193.43
-4,592.12

£
42,769.15
11,088.19
0.00
125.00
53,982.34
618.97
54,601.31
£
15,966.50
495.70
395.00
1,081.11
157.28
10,749.96
1,939.11
24,712.91
2,834.86
254.07
126.80
308.18
171.95
59,193.43
£
54,601.31
59,193.43
-4,592.12

Page 7 of 8

LIGHTHOUSE CHRISTIAN BOOKS AND CAFÉ Reg Charity No: 1063294

RECEIPTS AND PAYMENT ACCOUNTS - 2024

MEMO: TRADING ACCOUNT

1 January, 2024 to 31 December, 2024
Sales
Cost of Sales
Opening Stock
Purchases
Closing Stock
Gross Profit
Margin
[profit as a percentage of 'cost of
ASSETS & LIABILITIES
as at 31
st
December 2024
ASSETS
HSBC Current Account
Less - cheques not presented
HSBC Deposit Account
Petty cash (Cash retained)
Total Cash
[see reconciliation below]
Stock
Book Shop
Coffee Shop
Total Assets
LIABILITIES
Creditors
Net Funds
CASH RECONCILIATION
Cash brought forward
Cash Movement
Cash Carried forward
£
5,250.00
17,653.50
5,000.00
sales']
£
5,949.73
0.00
5,000.00
200.00
£
46,989.85
17,903.50
29,086.35
162.46%
£
5,949.73
35,456.06
1,819.44
43,225.23
5,200.00
48,425.23
0.00
48,425.23
46,308.55
-3,083.32
43,225.23
1 January, 2023 to 31 December, 2023

£
£
42,769.15
5,500.00
15,966.50
5,250.00
16,216.50
26,552.65
163.74%
as at 31
st
December 2023
£
£
4,083.24
4,084.24
-1.00
4,085.24
41,699.97
525.34
42,224.31
5,250.00
200.00
5,450.00
47,674.31
0.00
47,674.31
50,900.67
-4,592.12
46,308.55
£
4,083.24
4,084.24
4,085.24
5,250.00
200.00

Prepared by Rikky Apps Trustee 22 August, 2024

Page 8 of 8