REGISTEREDCOMPANYIIUMBEK. 04488807 (Engtand and Wale5 REGISTERED CHARtTY NUMBER: III#)256 *ADFT7WZF• 13K11r4024 ¢PANIEs HOUSE A10 72
forthe Yw Ended 31 Mth 2024 ftQp0rtthe Tntstees 8 to 10 li 14 15 to 27
refi and J S Bradwell P Sherrin8ton J Hampshbre N Harland AlSTERED OFFICE The Lighthouse 71 Westgate Rotherham south Yorkshire $60 18Q REGISTERED CCWPANYNUPdBEft 04488807 {EEnd and Wales) AEG15TERED CHARIVY NUMBER AUDITORS Sutton Mc6rnth Hartlev 5 Westbrc)k Court Sharrowvale Road Sheffield 5118YZ Wake Smlth &)IK4to 2 Tenter Strett SI 4BY UnityTnt Bank Four Brindleyplace Ckltells Square 8irmiWrn BI 2JB Page I
of the Trustee5 forthe Er4ded 31 The Trustees Iwho are also the Directors) of LiBhtlK>U5e 1Me$ have pleasure ITr pre5entinB their repprt and financial statements for the year ending 31 March 2024. The charjty is registe the Charity Commission under rgistration number 1100256. We arealso a COrnP3Try limiled byeUant rt8istiation number 04488807. The financlal ststements have been prepared Trn artordance wtth the accountin8 policres set out In rte 2 to the finarKial statemènts and compty with the Charivs Memorandum ar Art4de5 of A55Wation. the Compan$ Art 2006 and "Accountin8 and Reporting by Charrtyes: Statement of Recommended Practice appIlble to charities prepartng their accounts in accordance with the Finncial Reporting Sfdndard applKable the UK and Rwblit of IrelarKI IFRS 1021 (effective l January 20191". Oblectl¥es alm5 We have referred to the guidan contained in the tharity COnIs$lOn,S general guidance on public benefit when revlewin8 our aims and oblectives anLI in plannin8 our fUre activjties. In particular the trustees consider how planned atttviii.es will contrib to the aims and obitdi¥es thry have sèi. We are very satisfied that all we do is for the public benefft. ghthouse Homès seeks to relleve pOty and advarKe the education of persons, particvlarly those who are homeless. the prov45ion of actommodation. fatililies for prepariftg and eab"nB meals. clothine. advKe, support and educational courses, other5èrvitss calculated to relieve need5. within a faith irtspired framev lighthou5t HOMÈS offer5 Christian inspired ¥e5idential coMMltieS prOv1Th8 opportunities for chary in both lifestyle and values and 5eek5 to athTance the Christian Faith. Values Our aims and ofy'ertNes can be summarised as helping tt> create a safe place czlw by providrng stability. dlgnity. friendship. purpose. and a an. We are t¢)mmitted to providing a Pla of dnge and thls require5 our restdents to demonstrate how they are rnaking progress against agfftd goa& We seek to provide a plate of safety and pert, which is at the heart of the community and linked to 10(al opportunities. induding those providÈd by faith communities. Lighthouse Home$ 5trSves to bt an equal 0ppxtrtles organtsation In all aspects of our work. We do not tolerate fear. violencè. abuse. bullyin& discrimin¥tsn. or exploitstion and adhere to a dear safeguarding poltcy guidine our Pfactice. Our stsff are trained in safeguardinR prartice and are all 085 thecked. We welcome residents from am backgrounds regardless of race, reliion, culture. or sexual orientation. The trvstee5 have paid due gard toguidw issued bytt* Charity Commi55ion in detiding twhat activities the charlty should undertake. Page 2
the Year Ended 31 Mh StRATEGIC REPORT A(hIerne and perfomw O¥tputs of PhthOuSe H(Mnes We havt a total of four Pfoierts. iwo in the Rotherham area. accommodating both men and wornen. in ShiretKook Dertsy5hire one in Brimington Chesterfield. We offer 116 beds auoss our proiects to Irn and women In need of atcommc#latlon. alsoofferingcare, suppor¢ $UpeplOn ithln a 24n supthiised en¥ironmenL Within the kn8hthoy5e Rothetham rnain htyjsè for mtn. prtrrfwje attommodatioTr for 16 meTh Juilding work5 are currently belng undertaken to con¥ert wne dthe mulliple Occup ro(un5. into sints roD Our follow-ory properties ¢)ffer the stage toward5 mor? independent li¥in& We rKw offer S propertie5 Wtth 19 'fflov&on' beds in total in Central Rotherham (three ofwhich are leased. and one ha5 been purchased by Lighthouse in Dernber 2020, with the aid of a loan from Methodist Chapel Aid). Since the year end, we have sold our gifted 2 bed house in Pitt St Mexboroueh, as it 15 llrt an applating asset. duè to thè agt of the building and nature ol the location. In our main Rotherham ts"ehthouse base. we have accomrnodated 49 men thi5 year. with an average stay of 104 nights. Within the follow-on properties. we have actommodaied 41 men this year, wlth an average stsy of 131 nights. Withln the main projert at Lighthouse for Women, all single njom accomrnodation Iwfjth one excepth)n whlch ha5 two id51. F move-on accommodation, we also have a four bed house. and a purchased 4 bed house within walking distsrKe of the main proiecL tJring this yèar. the main project at Lehthouse for Women has provided accommodatlon for $3 women with an avernge stay ot 89 ni8hts. Within thè followon propertiès. 13 women have been provided acccrfnrnodation with an average len8th of stay of 168 nrfhts. Our Shirebrook project In Oerbyshire, is 5t411 underKoirq extensib? refvrbi5hmtnt due to contractor Issues Ipha5e I now to be completed 2024-251 lo convert a large room 0JrrenY occupied by 7 men. tnto single room5 and where P0$5ible eulle5. This year we have pro¥ided accom10 for 43 men. the a¥era8e len8th ot stay beTrng 152 ni8hts. At our eriffmngton projert in Chesterfpbj. have 33 single 5eW-cthained fiats and 3 ble I1• DuTin8the year we accommodated 63 residents with an avtragÈ stay of 209 nights. U5inB Ibur accommodation. LiBhihouse Homes Torks wlth men and ¥)men who h•¥e experienced homele5snessfrom variety of back8iounds need 3 safe to Call knme. Many of our resdents have lived lives of chaos and addiuion. At knehthouse Homes we aim to address the root ouses of these addiction5 and connett our residents with the provision they need to aid tetovery. We have a lero-to1eran poliry towards dTUZ5 and alcohol. where residènts commit thern5elve5 to thange and 8rowth when they are with us. Our work makes a major contributi¢)n to homelessness. addlalon. and cme prevention in the areas in whith ¥ operate. In the last Sbx years we have almost doubl our attommodatton tapatrty. seekn.ng to address the problems of addKEion and homele55ne55. We are continually workin8 to ampro¥e the quality of our prowsion across the four Pfojttts. ratsiwd Standards, moving to single room accommodation with ensuite facilities Whe wssible. All our projerts are a place of stability, safety, hope and chanBe. a place in which thosè taught up in the stornis of life an atoptance. healin& and re5toratitin. We provlde In.house support eroups. p0TrI CO sesskvfj, reueational acttvities and other key areas of support that deal with the often complex and deep-rooted issues at the hèart of home$$ne$s. Our aim IS to see all res¢dents engaged in purposeful daytome activtty. through OUT 10 hows pbJ5 prr4ramme. We have a strUCre in ghttrse thai enables residents to tum their live5 around. outr¢)me 15 a positive impact on the IcKal community with less crin*, 51eep1 •nl hope.
oftheTrn5tees Connettions wth a wide range of Comrnun semtrs has fesutted in the range of trnininglvolunteering opportunities open to the residents increasing significantly. We have seen many erwi in the tk1 se55ions. computer skills, guitar lessons. creative writinB dasses. gardening and siDg4n There ha5 lJeen a s¢nifKant inCse in effecti 'interns' apptying arxl Suppl. ueat support to staff. especially at the three men's projects. EX-idents have al¥0 been emplcryed at Rotherham aThJ ShirebrCk on è mixture of temporaryand pennanentcontracts. We continue to be open to those of all faith5 and none. and we encouwage an enmronmeni where people feel free to talk about what they do or don't believe. However, at the hEart of all that Li8hthguse Homes does remains o Christian fatth. with a cofflmitment to 5howthe lo¥e of God to every resideTrt in a real and practical way. Acmrding to 2017 paper "Inchjding the Spirilual, Wrihin Mental H&31th ca in the UL the ExperSences of People with Mentsl Health Pr0bkn-.... - J Relig Health. 2018: 57111: 384407. Published onlinè 2017 ott 24. doi: 10.10071s1(yM3-0174)502-1, spirituality has been found lo be an tmportant component in the recovery of mental Illness. During the past two decades. researth has connected 5p1rftual lindudin8 a sense of meaning and participation in faith communities) to a variety of benefits. induding Irreased hope. l-beIng. selfsteem, social supports, motivation towards gr0h, as well a5 deuea5ed depresSn. anxiety. and 5ubrtance abuse. As a result, prartitkners and a(adeftS are in(aSinglY re£rln8 spirituality as a relevant dirnension of recovery. So. at the bghthousè we have svpported and guided st¥tral Sid to dtsctwler. or rediscovertheir own falth at the Lighthouse, contributing to their well- bein¥ and growth. Optional devotions are a part of daity life at ghthouSe and weekly seice$ help to link with the local ctymnunity and prcieds fith similar pufposes and appropriate church grtjups. Our movon resident outcomes tontinue to be a Lthallenge. but impMn$ resident length of stay remains a key tar8et outcome for us. Regdents are more able to demnstrate the capacity to chan8 atld move on from homelessness into yeater independence and stability. We see high numbers of residents move on to a range of positive housine optiorts, some back to partners and famity. others trnto independent ling and employment. We work to maximise our positive outcomes through rrK)¥e-on partnerships with other housing providw5. public and private and rehabilitation units. Operatlons to SUPPQrt Pwblk Bentfft and outc We suctessfulty battletl most of the inflationary rises in 2023-24. keepirq costs under excellent control. We also had to manage several senior staff leaving over health issues, and recruitment in the care sertor is very challengin8. However. we have been able to recwuit from wirhin. and have stron8 managers now on eath site, plu5 four excellent seniors also in place for much of the financial year. re to go into 20225. At the dose of the year staffing is strong and confideni aftera pericxl of turmoil. Finante5 have sbIll$d dun@ the ytaf and Sin Chrfmmas 2023 we ha¥e seen a slsnificant turnaround. with budget being achieved for the last quarter. due to grtatty improved occupancy rates. NewGo¥emment Reyl•thn 1013 The Supported Housing IRe8ulatory Oversiehtl Art 2023 as passed during year. and we hwe bÈtn cknstlv monitorlng Its passa8e and andrnents through the H[rte of Lord5. Thi5 Private Members Bill, whith had all party support, desiBned to give kwer5 to L¢xal Authoriti25 to regulate. monitor and enforee supportéd housing prnitcts such as This isto ¢ftter rogue landlords who are cashin84n by chawn8 exorbitant rents through the 'exempt' Houyng Benefit scheme. It will wuire evidence of support plans and outccnes as stsndard. We are confident that this ill be o helpto quality providvs of wpp)rted accommodation. We ao also ctmfident that we arè already muth ofthe wayto the stsndard that be required.
Marth 202 A local partnership of l¢xal authorities in our Oerbyshire site5 Ishirebrook and Chestetheldl requested us to submit to n audit and review of our 5eNces as part of tentral Go¥ernrnent'5 SHIP plan (Support Housin8 Improvement Planl. The SART Team (Supported Attommodation Rew"ew Team) made stvernl wsits to our two Derbyshire sites and ItIe just two. very hdpful development points. and a¥èrall gave an extellent alled miew of au aspects of 5UPPOrted hw5in8 provision. 'Overall. this wa5 a Very positive rewew. Mana8ement and staff tske great pride in their worl this is shown through hearin8 them describe their passion for the job and the r•spert the we5ident have for them and the project. Some former residents are rw ernployed L4ghthou5e through their own internship program. whith 15 a cretht to the proiert.. The rep)rt for Shirebrook Is similar. and Èqually p051ti¥e. Li8hthouse 15 now we114nve5ted in the SART teams programme of irnpr¢vements and de¥elopffthts. whith are also b•ng shared acr05S to tl other 2 Rotherham sites. Finandal r•¥l•w Flgwes are roufidtd to the nearest £r Housing benefft of £IAb5.0 12023 - £923.(rtll was rete¥abbe duri the year. contrlbutlons from residents amounted to £141.00012023 - £105.(ml. donatitins of £27.IX)12023 - £33.01. sundry inctsme of £49.(M)012023 - £63.0Tr)}. bank interest of £2.tX)0 12023 - qCIXll. whith 8ave a totsl uftrestrirted income of £1.314,fXfJ 12023 - El.126.()01.There was no restrfcted Income recei¥ed In the year 12023 - £24,(kn) restrlcted grants), giving total inc(Mne of £lJI4.iK12o23- £1.150.rAN)). Total expenditure was £L296,IJNJ12023- [307.11. of hl(h £1.287.IXXJ12023-£L258.IJXII is unfe5tritted. The net effert is a poshfve MoveAt in lunds 01 £I8.(l2023 - £157.CWI In the ytsrwith a dosing fund balance of £280,1OI2023 - f262.iyxII. A5 •t 31 P•larch 2024. unrestricted fvnd5 totalled E275.rA) and restrKted funds totslled £S.lJOO. A £13.fXIO wwestment with Gretn Pastures was redeemed in thè t. The Trustees. policy on reserves is to ensure ihat the charity has SUffict hjnds to provide financial stability. The level that is deemed appropriate i5 £250.IXfl whith represents 3 month5 committed unrestricted expenditure plus an estlmatt of termination costs. The Curre level of Unrestri reser¥es is £26.rm an intmst on the ptssition last yew. Unrèstricted reseivt5 are considered to be unrestrioed fvjnds excluding unre5trKwl fi¥ed assets totalling £299,c as at 31 March 2024. The reduttion in unrestriaed IerVeS is mainly due io the repa1 and maintenance of property by the charity In the year. Unrestricted resenfts indude £152,(XKI of loans payable outside of one year taken out to purthast move on houses. Unrestrirted net current assets amount to £133.IXKI. The trustee5 are committed to setting aside reserves each month to comply wtth out poly. subiert to the rteed to mn1ft high stsndards of care and respond to short lice c051 and income pressures. The Trustees have sei in plate a threewr plan for fure dèveknpment of Lighthouse Home5. This plan is to contiriue to meet the objectives set under the headin8'Objectives and Achievements. al)ove. The charity has been successfvl in securin8 8Tant funding and this approach will continueto be developed as Part of its financial planning for the firture. srRucfuRi GOVER14ANCEAND MAIUGEMENT 604wnlngdocument The charity a CharItsb company limited by guarantee and vras incorporated on 17 July 2W2 as amended bv special resolutlon dated 24 Septenthr 2LIB. It 15 governed bya MerrandUrn and Artide5 ofA&souation. Paee 5
forthe Year sTriJcnJRE. GOVERIIAIICE WINAGEMEIIT The trustees. who are also the directors for the purpw of compwry law. and fFb) served during thè year and up to the date of sigTra of the financial statements were: J Bradwen P Sherrington J Hampshi N Harland L4"ghthouse +lome$ 8oard gtr4ems ihe Chty. The Trusttts/DirectoYs we appointed by the Lighthouse Homes Board. The Board considers the s115 and alJilit•es of Trnsteestsrectors and new Trlee$l011ertOrs are sought atcording to or8ani5ational need Our new Trustees are selerted throu8h a process of ldenbfying an ongoing skills balan and new Trustees are inducted through meeting artendante, project attendance and discusston Manager& Ongoing tialningldevdoprnent of Trustees fteeds to bÈcom n systematic and frKusd at Wiihosjse Homes throu8h a policydevelopment a1 irnplementation process. The TnJsttesl(Xrettors pnwide leadership and directth for the tharity. settlng the strategic direction. whith is delivered by the CEO and their team. In terms of the remuneratw)n of senKY 5trdff in L¢hth. we have a managerfs pay Sca with 9 bands where the staninB point 15 dependent upon skilb and exp¢. Managerial remuneration should be decide<l upon in relation to tharity market comparisons and we are working towards that position, as finan allow. The TrusteeslDirectors are legally responsible for ensuring that rewurces are used prudently and only in support of Lighthouse Hornes chariiable obpcts. for the 5tewary15hip of LthoUse Home$ 3$5ets and for Ènsurin8 that the Charity complies with all leaTrt legislation and re8ulatior•. The day to day wnning of tighthousè Home5 Was dele8ated to the CEO. M Mcm"s arted as CEO until A Shafpwas appointed as CEO on 3 May 2022. R15k Inlernal Contrvl As required by the Charitres SORP theTrustees confirm they have: Reviewed the major risks facing tighthouse Homes. Put in place procedure5 to mitigatethese risks. TheTru5tee5 consider theftl7 tts be the key risk5facing the ctynlsatth: LiKhth(yJse Homes Is hi8hty dependent on eo¥ernment fundi via the belth system in order to firtan its operation and thrs is subsert to the vagarres of thé political artd •conomrt envimment. We cthitirue to moftltor the fundin8 changes in the external housin81berth environrnent. Liahthouse Homes needs to retruit train and retain the staff and vdunteers who can delNw quality using and support services in a context of hh employment. Llehthouse Homes reuJ8ni5es the Importare of saf4uardin8 it5 residents all area5 of th• worl( of thè ganisation. Wè have a safegvardrng policy. supported by relevant training. Page 6
Re rtoltheyrteeS Year Ended 31 M¥¢h 2024 EFERENCE AND AOMINISIIIAnVE Dj The principal Offi of iighthou5e Homes is The tighthouse. 71 West8ate. Rotherham. S60 18 ThÈ company number 0448)7 and the thwity registrai•)n nwnber is IlfA125& Detatts of the trustees that seNed duri the year and the delegation of day4trday management of the charity are Provlded undertht headin8'StruaU. 8o¥emaKe ar mana8ement' ab. STATEMENT OFTrUSTEES' RESPONsIBiimES The trustees (who are also the directors ot "ghIhoe Hoffes for the purposes of company lawl are responsible for preparing the Report of the Trustees and the financial statements in attordance with applicable law and United KinBdom Ateountirq Standard5 (United Kwwdom Generalfy Attwed Acc(Mmting Practicel. Company law requires trustees to wepare fmancial smements for eath financial year whith gi¥e a truè and fair ¥i?w of the state of affair5 of the chariiable company and of the incominR resources and application of resourtes, including the income and expenditure. of the tharitable company for that Tiod. In preparing those financ431 statements. the tneS are required to: selett suftable accountong ltIeS arrfl then applythem conwtently. observe the and prinaples in the tharity SORP.. make judgements and estimates that are asonable and prudent: 5tste whether applicable accountinB Standards have been followed. subject to any material departures disclosed and explaineLI in the finanual statements- prepare the finanual statements on the going tontem basls unltss it is Inappropriate to presume that the tharÈtsble companywim continue in trs1ne The trustees are responsible ft>r keeplng proper attountry ¥thith d15 with rea50nabk accuracy at any time the financial posrtion of the tharitable company and to enable them to ensure that the financial statement5 ompty with thè Companiè5 Act 2(J6. They are also responsible for safeguardine the assets of the charitable company and hence lortakin£ reasonable step5forthe prevention and detettitin of fraud and other inegularities. In sofar asthe trustees are aTare: there 15 no rele¥ant audit information of thith the charitable companV5 auditor5 a unawaie.. and the trustees have taken all steps that ou8ht to have tsken to m*e themselves of any relevant audit Inf0mtiOn and to establlsh thai the aud1tovsaaware of that information. AUDffOAS The audito. Sutton Mc6rath HartIey. will be proposed for re-3pp0iTrtt at the forthtomin8 Annual General Meetin& Repgrt of the trustees. incorporating a strategic reFQrt. approved by order of the bDard of tntstee5. as the rompanv diOrs, on...? AJok.&Tr/j.È7L.?.4 and signed on the board's behalf bv: M Hartand-Trustee Page 7
dentAudltotO the Meml¥er5 at Opini We have atKlited the fmntial rtattments of 14hthouse Homes (the 'dr[thbIt company'l for the year ended 31 March 2024 which comprise the Ststement of FiTh3ncial Attivits. the BaTree sheet. the Cash Flow Statement and not to the finanval Smements. inclutlin8 a summary of si8nificant accountin4 polities. The financial reportin8 framewofk that has been apled in thetr preparatlon 15 appltible Law and Un6ted knngdom Account1 Standards (United Kingdom Generally Atcepted Acciwnting Prxticel. In our opln¥)n the financial statements: glve a true and falr view of the state of the tharitsble tompanvs affalrs as at 31 March 2024 and of its IKomlng resources and application of rÈ50urces. induding its intome and expendIre, fort year then ended.. ha been properly prepared In accordan with United Kingdom GeneralAccepted Accounti PractKe; and have been prewed in accordanttrwith ihe fe4uiremts of the CompaniesAct 2(Kl6. 8asls for opln(¢)Tr We conducted our audit in atcordante with Interna¥1 Standards on Auditin8 (Um IiSA5 IUKII and appllcable law. Our responybilities under those standards are lurther destribed in the Auditors. 5psIbil(es for the auéit of the financtal statements sect)n of our report. We are independent of the charitable tompany in accordan with the ethlcal requirements that are relevant to our adr( of the financfjal ststements in the UL irKluding thè FRC'S Ethical Standard. and we have fUlfild our other ethical Ye5FnsibIlit in actordanee wrth these requirements. We believe thatthe audit eviden Twe ha¥e obtsined is suffKient and approte to prthryde 4 basis for our opinion. CoThcluslons Telatinglo c4mrern In auditln8 the finanoal statements. we have conduded that thettee5, useof thegolng concern basi5 of ¥countl in the preparation of the financial statements ts appropriate. 8ased on the work ¥R have perf0ffl, we have not idtntffied )y material Uncertaint relating to èvents or onditions that. individualty or Co1Ctb¥Y, may cast syiifjcant doubt on the charitable company'5 abilty to contTrnue as a 8oinK concern for a pviod of at least twelve monthsfrom when the financial statements are authorised for SUe. Our re5PDnsibilitie5 and the responsibiliiies of the trustees fMth re5Fd to goin8corKern are described in the leVant 5Èrtions of this report. Otherlnlorni•tlon The tru5teÈs a responsible for the thher iftformatlon. The other informatti comprise5 thè infom)ation included in the Annual Report. other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the finan(ial ststements does cover the other knforrnation and. except to the extent otherwise explicitty stated in our reK)rt. * do rK)t eypress any fm ot assurance condu9C therÈ¢ffi. In connettion ¥Ath our •Jdlt rf the financial statements. (xw responsibility Ss to read the other informatKJn and. in doin8 $0. consider whether the other infonnation is Materially in¢(1$tent the financrzl Statements or our knowledge obtsined in the audit or otherwise appear5 to be materlalty misstated. If we identify sudi materlal intonsistencies or appareni material misstatements. we arè required to dermine whether this 'Ve5 rise to a material rni55tatement in the finantial statements themsetves. if, based on the work we have performed, we conclude that there is a material misstaterrtht ofthis other infwmion. we afe required to ierKirt that fart. We have nothift to report in this reEard_ Oplnlons onother matters wexthd tythe CqKnpanle5 PA2(I)6 In our opinion. based on the work undertaken in the course of the audit. the information 8Nen in the Report of the Trustees for the financial year for ththlth the financial statements arè prepared is tonsTrstentwth the financial ststements: and the Reportof the Tntstees has ten wepared in acconlarte with appJKable *al requirements.
ofthe In the light of the knowledge and under5tarTrdirvA of the tharitaljle company and its environrnefti ot>tsined In the course ofthe audit. we ha¥e not identified mateiial misst•teNents in the Report olthe Trustees. We havt nothing to report in re5pÈd of thè folltiwing nmttèws where the Companies Att 2006 requlres us to report to you if. in ouropinion= adequate accountine records ha¥e not l)een lept or returns adeque lor our audit have t been receNed from branche5 nottlwted by us; or the financial aternents a not in alre¢ with the accthjntitw reco5 and returns: or crtaln disclosure5 of trustee5' remuneration 5pecifd by law are mt made: or we have not received all the inforrnation and explanations we require for our audrL ResponslbllltlES of trustees As explained more fully ift the Staiemelit of Trustees. Aesponsit)ilflfjes. the tfustee51th0 are also the directors of the charitable company for the purposes of cwany lawl are responyble for the preparation of the financial statements and for beine satisfied that they gi¥e a true and frdir wew. and for suth intemal control 05 the tTUStees determine is necessary to enable the preparation of financial statements that are free from material mlsstaiement, whether due to fraud or error. In preparing the financial 5tstements. the tTUStee5 art responsible for as5tssing the charitsble companvs ability to continue as a 80in8 concern, disclosin& as applicabbe. matiers related to going concern and vsing the Boin8 concern basis of accounting unless the trustees esther iBtend to lfjqwdate the charrtable company or to cease operations, or have no reallstic alternatbve bui to do 50. Our objectives are to obtain reasonable 355urarKe zbwt whether the financial statements as a Who are free from merial rni$5tatement. whether due to fraud or error. and to i55ue a Report of the Independent Auditors that include5 our opinion. Reasonable assurance 15 a high of assurance, but 15 not a guarantee that an audjt conducted in accofdance with ISAS IUKI will always detert a material misstatement when it exists. Misstatement5 can atise from fraud or error and are consided material if. individually or in the aggregate. they could rea)nablY be expected to inffiuence the economic dedsions of users taken on the basis of these financial ststements. The extent to which our procedure5 a capable of deteain8 irre8ularibe5. inthdin8 fraud is detailed below: Our assessment of the 5U5ceptibility to merial rni551aierf wthether by fraud or efror. 15 rnade in a risk based approach. In thls approach. laws and regulations applicable to the entity. 5Uth as the (ompanies Att 2006. United Xinedom Generalty Accepted Accouniing Pr¥iice induding Financial Reporting Standard 102, Accounting antj Reporting by Charities.. Stsiemeni of Rec£•mrnended Prn¢tice applicable to thariiies. the relevant tax compliance iegulations within the UK. employment law. antj Heatth and Safety law is Crmslded. and the policie5 and contro15 the entity has in place to COMP with these laws are reviewed. by discussion. reviews of correspondence and registrations monr(ored bv exiemal bodies. The engagement team remained alert to any indicions of frwd or non-compliance with law5 and reeulaiions throu8h0 the audit. Polides and controls relatfjng to tho rtsk of material mi5ststement a$ 3 Tèsult ¢rf fraud a also tonsldèred. These are assessed by obtaining an understandin8 of the charrty's operatD)n5 and control environment. The polioes and controls have been rt¥iewed by discussion. review and sample terting of attounkn.ng entries. challengFni assumptions and jud¥erTrents. re¥tewFng and evaluati related partiestransadions, and wider backaround searches. We have ensured that the engagement team have aPkYOPiiate levels of Competen and experience to effectivelv monitrjr these risks and cafry Out work reknnt to tyjr asstssment of each risk. indud1 consNleratiDn ofthe industry the charity operate5 in and its5ize and cornplexity. A further desthptM)n of our respDnsllrilitiE5 lor the audit of the financial statements 15 located on the Financial Reporting Council's website at w.fr¢.0rg.uV3UditOtsTespohiI1lie5. This descriptth forms part of ow Report of the IndepeTh*ntAudito
ilseal our report Thi5 repryt 15 madÈ soktyto the tharitable tP¥$ members. as a both. ITh ac£ordancewth Chapter 3 of Part 16 1rf the Compares Art 2¢>J6. Our audr¢ work hès bttn ¥ndertaken so that k¥e mght sute to the tharitaWe cornp•rry'5 membets those matters we ¥e requrEd 10 5tste to them ffi an ath4itors' rert and for rK• otrr Purpo To the fullest Èxtent pwmitt¢d by taw. w* do rbx 4¢¢¢pr or respor&ibility to any other ihan ihe tharitsble cthmpanyand ihe chawitable conyanws rMrnber5 as a body. for forth0¢ orfortheopmions we haye formed. James Sakn FCC4ISerthor5taiutory Atsfrtorl fDrand on behalf 015utton McGrath Ha S Westbrook Court sharroW¥a Road sheff1 South Yorkshire 5118YZ
an Irtforne and lor the Year Ended 31 M¥th 2024 1024 Totsl funds 2023 Total funds rc#Jo Unrestricted Restritted (ur fvnds 4COME ANO ENDOWMEIITS FRO Donations and legacies 17 37 Charhble acthltles Charltable artiviknes 1.115 Investment intome Tot•1 1314 1.154 EXPEIIDITURE ON Ch•rlkble artr4illes Staff costs Premlses and Servi runnin8costs Repairs & Refurbishment of118hthouse properties l)eprpciatton Telephone and utilities Training Lease payments Loan interest 621 158 234 li 53 157 71 257 io 257 io 199 io Other 19 Totsl 1,310 NET INCOMVIEXPENDITiMEI 11561 RECONauAnON OF FUNDS Total fund5 brought forward 418 TOTAL FUND5 CARRIED FORWAXD 262 CONTINUING OPERATIONS The statemènt of financial attr¥ities wthd¢s al gains aftd losses renISed in the year. All income and expendItU derbve from continuin8 athties. The statement of fmanclal activitles a150 complies with the rpquYennts for an intomt and expenditure account under the Companie5 Art 21. The notesform part ofthese financial 5tements Page 11
lorthe Year Ended 31 Marth 2024 2024 2023 £,0 Notes Cash generated from operatKJns Interest paid 11631 iioi 14et Cash prmfjded lIused inl opwating acbyitses {1731 Purchase of tangle rEd a55ets Interest recer¥ed Net osh pro%ryded by investire xti¥ltles Cash Iltwts from thanclryacti¥its Repayment of bank loan5 1231 Net cash used in finarti aciivoties 1231 reportiry period Cash aml $h equrtS * thebe8lnM¥t of the reportlng perlod 11961 165 361 the reportlnE Ptriod 165 The 4W>tes fomi part of thesefinanoal statements
for the Year Ended 31 Marth 2024 2024 2023 r4rf lncomellexwdiiul for the (a5 perthe Stat•ment of Hnanoal A¢tivithes) Adju#merrt5 tor." Depreciation Che$ Interest received Interest paid Loan repayments forgone as donat Increase in debto Increa5elldecrea5el in (re(&tors 11561 li 121 io 191 io Iii) 51 ash provw byllu5ed In) opuaikn 11631 APIALY515 (cHA11GE5 IN NEfqDEB7IIRVIDS At V4n3 Cash Ilow At 3113n4 £.0 14¢t cash Cash at bank 165 165 De Debts falllng due withln l yeaf Debts fllin8 due after I year 14) 31 1371 11521 J) 16 Z7 {1891 Totsl li The note5 form part ofthe5e fmancial Statements Page 14
otes to the Knafitial Statomtn Ughthouse Homes is a private company limited by guarantee incorporated In EnglMI and Wale& The reglstered offitÈ Is The Lighthouse. 71 We5tgatè, ItothÈfvn SW IBQ The financlal statements of the tharitable company. which is a public benefit entity undÈr FRS 102. have been prepared in accordance with the Charities SORP {FRS 1021 'AccountinB and ReportinE by Charities: Ststement of Recommer#Jed Practice appIe io tharities preparing thelr atCOUnts In accordance with the Financlal Reporting Standafd èpplitable in the UX and Republic of IrelaTh4 IFRS 1021 (effective l January 20191,. FinancÈal Reporting Standard 101 Tr Financial Reportin8StaDdaTd applicable in the UK and Republic of Ireland. and the Companies Act 2(KJ6. The financial statements have be ppared dLy the histoiital tost convention. with tht exception of investments arè at market ¥alu¢. The charity Is a Publtc Benefft Entity as defmed by FRS 102. The frnancial 5tstements are prepared in Sterli whkh is fwKlil currwKy of the tharity. l¥lonetary am¢yJnts in these finan(ialststemeftts are Trftded to the nearest Eto). At thè time of approving the financial ststements. the trustees hawe a reasonable expethtion that the charity has adequate resources to continue in operational èxistènts for the foreseeable future. Thu5 the trustees cixits.nue to adopt the going concern basis of accounti in preparin8 the financial ststements. The expected fijture IOrne arKI eXwKlire. tQ8ether fith cwrent reseThes allows the charity to continue as a 8oln8 concern. In the application of the chanvs accountlt)g w£e$. the trustees are required to makeiudgemetsts. Èstimates and assumptions ab(xrt the carrying arnount of assets and liabilities that are not readily apparent from other 50urce5. The es¢imate5 and associaied assumptions a based on historical experrence and other factors that are considered to be reknrti. Actual results may differ from these estimates. The estimates and underlyir41 utIonS are rwiewed on an ongoing basis. Rthrysws to accountin8 estimates are recoRnised in the period In whKh the estimate is re¥ksed where the revision affects onty that period, or in the p0d of the revision and fure FEfKth Tkn the revis affects both current and future Income Intome is recognised when the d%rity ts legally entitled to it after any performance conditions have been met. the amounts on be measured rellably. and It Is yobable that 11 be recei1. No inuJN És shown net of expenditure. Cash donations are recognised OTr receipt. Other donations are recognised the charrty has been notified of ihe donatiorn unkn perfonnarKe conditions defwral of the amount. Income tax recoverable in relation to donations received UnderG Aid ordeeds of covenant is wised atthe time of the donation. Gogjs, facilityes seryices dated to the charity are feco8nised as income tfvthen the charity Is legal endded to It. the anNyJnts can bt nasured reliabty. and it 15 wobable that irK(Mne wil be recebved. Grants are uedlted to fe¥enue when reteh*ble. They •o c¢msidered reoNable when the conditn$ for the receipt of the yant aTe deemed. bythe trustees. to have been met Interest on funds held on deposit is indJded when receivable and this t5 nonnally upon notification of the interest paSd or payable bank. Page IS continued...
lott Flnan¢i•l Stateffents. for thè Year Ended 31 M¥ch 2024 Incomè Rent income Is rewised orKe the tharity has entitlement to the fund it 15 Probab that the income w511 be recelved aThJ the amounton be measured relfiably. Expendtture All expenditure os accounted for on an accnjals basis. Costs relating dbrtty to the objects of the (tharity. or suppNt costy are treated as costs in the fvrtherance of the compty's obiert Governan costs include e4x•xltture for conWIan and man•8ement ofthe company. TanB1b fixedas5èts Tan£ible fixed assets are initially measwed at cost and subsequently measured at cost or valuation. net ol deprlation and any 4mpairment1055e5. Depreciation 15 recoenised so as to write off the cost or ¥akjatI of $5 their restilual Values over their useful lives on the following bases.. Land and buTrlding5 property- YA on cost and land O%on ¢ost Fixtures, fittin8s & equipment. 33% on cost Cornputer5- 33% on cost MotLYvehicles. 33% on cost The 8ain or loss arising on the di¥Josal of an asset 15 deterrnined a5 thE difference between the sak pmceeds and ihe carrying Yalue of the asset. and is recogned in net incomell£xpenditurel for the year. The Oicy is not to capItale items beltr a cost of £l.iYJI lhthou5e Homes is a re8iSteTed charity and its primary activities a not subject to Corporation Tax. Value added tax is not recoverable by the diarity and as gjch is included in the relevant cosis in the Ststement of Finantial Actiwties. Fund accounikn¢ Unrestrftted fundstan bÈ ustd iti atcordante with charitable objtttives atthe discretion of the trustees. Restricted funds can onty be used for ParUlar festritted wrposes within the objects of the charfty. Restrictions arose when specified bythe donoror when INIS are raised for partitular rtstrfjtted purposes. Further e¥planaiion of the nature and puw(tse of eath fund rs irtluded in the to the financial Rentals payable under operaiin8 ase5. includlng any lease incenthes recel¥ed. are charyed as an expense on straight line basis over the temi of the rdévant lèasè. The cost of any unused holiday entitlement is rec¢)8nised ir4 the wiod in whKh the empee'5 Servi are received. Termination benefits are recognised immediatsly as an expense wheft the charity 15 del1$trab1Y committed to termite the ern0Vment of• employee or to prrydidetemiination benefits. Page 16 continued...
Notesio the Fln•nd•l Stat Trts. continued Cash and ush equivalents Cash and cash equivalents Trndude cash in hand. deposits held at call banks, other 5hort-tem) liquid investments with original rnaturitles of the months or less. and bank o¥erdraft5. Bank overdrafts are shown within borrowings In current liabilitie5. DONAT1014S AND LEGAaE5 2024 2023 Totsl funds Unrestricted fvnds fvnds fund5 Donations and gifts 27 37 For the prlor year. restrirted donations tot*led £NIL and eStrICted donations totalled £37,OLYI. IP4VEsfMEKf INCOME 2023 Total funds Unrestrirted fvnds Restricted funds Total funds Other Interest rttebvable 2024 2023 Rentsl income Housin8 benefit and seryKetharges Grants Charitable act4wts.es 0ritable adi¥ities (haritable altreS 62 1,028 1.115 2024 Analysis by fund= Unrestricted fund5 Restrided funds L090 25 1.115 tring the year. £358,90612023 - E21L4221 of income has been gered from propertie5 Of whith the uselasset has been donated to the charlty. Page 17 continued...
to Dlrttt 672 157 71 Premises and servfce running costs Repairs & Refurtmshment of lighthouse pmb)erties Depreciation Telephont and utfjlftles Training Lease payments Loan interest 257 1.276 2024 2023 Anal1$ byfund: Unrestrirted funds RestCted frjnds 1.267 1.242 49 1,291 Other resources expended Governance costs indudes paymerts to the auditor of £8.43012023- E5.8601. Support costs, incwed in the above. are as folknw&" 2023 £ThJo Audiiors. Temuneration Insurance Legal fe li 19 Page 18 continued...
Notes to the Fln•)dal statem 31 Marth 21)24 14ETINCOMEI{EXPENI)rnJiiED Net income/lexpenditUfel is stated after thargingllcredttlngl: 2023 Auditors. remuneration Depreciatioft- ownd assets Otheroperatyng lea5e5 257 199 TrustEES' REMUIIERAIION AND BENEFll5 There were no trustees. remunemion or other berffts for the star ended 31 March 2024 nor for the year ended 31 Marth 2023. There were no trustees. expen paid for the yw ended 31Marth2024 nor for the year ended 31 March 2023. STAFF com 2024 2023 £'ooo 573 41 Wages and salaries Social security costs Other pension costs 593 641 621 The average rnonthty numberofernployeesdurin8 the year was a5 follow&. 1024 35 2023 33 Charitable actr4ities No employees e1ved emolurnents in excessof E60,¢XM). During the year, there were 14 part-tirne staff12023 - 12 part-tirne staffj and 21 full-time skff12023 - 21 full-Me staffj. The estlmate ofthe equi¥aleni number of fvll-time stsff is 28 empke$llO23- 27 employees). Page 19 tontinued...
31 Marth 2024 TANGIBLE FIXEDA55Ers Futures and Freehold ¥ehKles eojipment rrK)o Totals £,)0 At l April 2023 ar 31 March 2024 316 55 15 19 DEPREaAIIOII At l April 2023 Ch¥ge foryear At 31 March 2024 15 106 NET OOOKVAiUÉ At 31 Marth 2024 299 At 31 Marth 2023 OEBTORS: Awuiirs FAWNG DUE wmiiN ONE YEAR 2023 £,10 25 Acuued income-housin8 tefft Other debtors Prepayments 37 12 51 2023 Bank loans and overdrafts (see note ISI Other loans (see note IS) Trade creditofs ial Security and othertaxes Wages creditor Othercreditors Accruals and deferred Fncorne 23 io 36 li 47 78 Page 20 ctsntinued...
theyear 2024 2023 Bank kn$ Isee note 15) Other loan5 (see note 151 117 35 137 183 An anatysisof thè maturity of loarfj is eiven belty•r. 2023 Amounts fallingdue within ont yearm dem. Bank k)ans < Iyr Othpr loans < lyr 26 li 23 io J7 33 Amountsfalliry betwten one and twoyears: Bank loans > l yr Othèr loans > lyr 103 92 45 137 Amounts falling due in rrw)re than five year5: Repayable by instalments: ank loans more 5 yr by bnstsl Other loans rn0 Syrs instal 45 14 The bank loan5 are secured by way of a legal charue over the property at 7 Faldin8 StreeL Rothetham and 39 Norton Road. Rotherham. The other loan is repayable over ten Yea from 30 NO 2017 and interest is ¢h•r8ed on the loan at 5%. Bank loaft number l ts repardble over ten from l JaThJary 2021 and Interest is charged on the loan at Bank loan number 2 15 repayable w ten frnm 2 Detemtw 2021 and interest Is tharged on the loan al Pa8t 21 continued...
fortheyew I& iEASING AGREEME141S Minimum lease payments under non<arKeMable Operato leases fall dveas follo.. 2024 t00 2023 £Tr)o 256 722 342 Withln one year Between one and five years In more than fiveyears 304 1.320 17. SECURED OE8T5 Thefollowing secured debts are duded within creditors: 2024 2023 £'ooo 160 Bank loan5 145 Bank loans are te5 secured agai1tthe propertiesthatthey relate to. ANAIYSIS OF mAssE[s BEIWEEII FU1405 1024 2023 Total funds £'oc 305 13 205 1781 11831 Unre5trided Restricted ftTrnd hjnds fvnds Fixed assets Investments Current assets Current 11a"11t¢eS Long term liabililies 246 251 275 262 fvThd fvnds funds 310 13 361 {831 (2191 315 13 392 1831 12191 Investments Current assets Current liabilities Longterm liabilities 31 36 418 continued...
MOVEMEpif IM FUMDS Net Af 114123 In fvnds At 3V3124 Unrestrldedlwxts Gener¥ fijnd 275 Derbyshir* eommunty counsellire HSBC- Communrty fitthen Project LHC 8enefrart Twst. P05t Ctrfftl Mental Health Grant BeatrKe Lang Found•tion. Thfjrks LHS TOTAL Ful5 Net movement in fvnds inclwjed inthe alThe asfolb•J5.' Incom8 f¢esourres expended MovemEnt in fund5 General fund LJ Derbyshire comrrMJnity counselling HS8C- Community Kitchen Projert LHC 8enefrad Trust- Post Co¥id Mertal Health Grant {21 51 51 1314 (1,296) Page 23 contlnued...
31 M¥ch 19. MOVEMEfiT IN HJNOS-ntiUed Net movement in funds At 114n2 At 3V3n3 Unrestrlrtedfvnds General fund 381 11321 249 Restrkted fvnds Awards for all grant- minibus 5oLrth Yorkth1 community f¢)undation MINO Derbyshire communlty counselllni Anchorfoundatic Awards for all Oeatrice Lang foUndaTr Lil & Terry 8rammhall ftyjrtdation Awards for all- basement Oldham englneering VAR HSBC- Community Kitchen Proprt LHC 8enefractTrust- Post Covid Mentsl Health Grant 8eatrice LanB Foundatitin- works LHS (i) 151 iio) 121 Is) io 37 1241 13 TOTAL FUNOS 418 11561 262 PaBe 24 contlnued...
for the Y•ar Ertded 31 Ma¥th 19. Comparati¥e net MO¥eTr in fvnd% induded in the atV•E are as follow5.. in funds £'o £DJo General fund 1.129 11.2611 {1321 Awards forall grant- minibus South Yorkshire community foundation MIND Derbyshtre communffy counselllng Aftchor ftyJndation Awards for all Beatri Lan8 frjundation U2 & Teffy Brammhall foundation Awards for all- basement Oldham en8ineerfjng VAR HS8C- Cofflmunity Kildn Projert LHC Derbyshire County Council- Mental Health Ey4Iendrre Jefford Weller- Defibrillat¢Y Benefart Tru5t- Post Cowd Mental Health Grant Albert Hunt- works LHS Beatrice Lang FJndati0n -THorks LHS 131 121 {ii 15} iioi 121 iioi 121 14) {21 151 25 1491 1241 TOTAL FUNDS i.iS4 11.3101 IiS61 Awards for Al -Mkn1bS Forthe purthase of a minilMtsfoFthe Rotherham Men's project. South Yorkshlre Cofflmunity Foundatio For the purchase of tomputer equipment MINO FOT the counseJlir of indi7nlual residents atthe5hirebnx>k proiert tyqualrfied counsellors. For the coun5ellTrng of individual residents at the cheSterdd woiert tr•T qualified coun5ellors. W¢)rnen's projert at Wath: corNWsi of a 1n bedmom to a gngle by the rewrposkng of one of the staff offites into an additional bedrojm and the refvlshnt of a luls* accessible shower room. p40$1¥ only operatinq as an accessible toikt and wash basin. continued...
forthey r Ended 31 Mw(h 2024 19. Rotherham M$ At the Aotherham proiert 6 men share one knrze Toom. The 8rant has en3bJed thè removal of thè existing strurture and replaced thi5 With 5 s&e rooms. New UPVC double glazed windows been instslled. providing natural light for eath bedroom. soUndf walls and fire re5istsni doors, radiators, plu85 sockets, Ilghtin& new floorin& rke deteclion to each room and the corridor with an upgrade to the fi detectlon system. Also. the installatirx) of an additional shower room forthe sde use otthe new bedTOOm5. Shlrebroo At The Shirebrook proje¢ 7 men share one large room. The 8rant will allow the trnnsformation of this spa into single rooms with the IrtillatIon of addit1 hot water storage oparity to suppfy the ensurÉe bathrojms. For the counselling of Indivtdual residents atthe Rotherham Wornen's project byqualffiEd tounsellors. Awards ForAM To enable a garden area to be for the use of fesidents at the Shirebrook projec¢ tQ8ether with cfy)king and eatKKg project and a p adivity cwdihatorto run the proiett. Re5trirtd donation towards recon of the pods into single ensuite btdroLxns at thè Shirtbfook projecL its & Terry Ornmmall Fwndatlon. Oldlbarn Efiwneeriryand VAR Restrirted donations towatds the division of bedmoms into sin8le rooft at Ughthwse f¢otherham prolect. Awards ForAn- Basemert For the development of the basemert at the RothertM yoittt Into • 8wn/xtivrtits room for residents. HSBC Gr•rt Enabled a fum refrt to the conmnal kitchen at the Clwterw project. Residents can now come tO8ether for regular sotial events. 8enetartTn Post COVID mental health 8rant provid residents with the oPWnity to particlpate in organised activities intluding meals out. Grant enabled sIdents access to proftssI mental health tnsel1C. J¢fford Wdl¥d Provided 2 grants. both for the ChÈsteffjeld woiecL One for the pvrclw of a defitKlllator the other to take resldents out lor a Christmas meal. Grant was whidetoward5 the refvrbi5hrrtotof the ensuite bedrDoms atthe Shtrebrook proAecL Enabled Iht purthase of furntture for the newty rtfurbtshed ensuite bedrnoms and the purchase of new sofa5 for the communal area at the Shirebrook proiecL Page 26 contlnved...
to1 fwMnd•l Statements.(orrtl REiATED PARTY l)IsaoxiiES Durfj theyearthe tharityentered into the followxigtransattl$Wlth rel*ed part Oonations totafiinl £l.oxI12023- £1.4491 re¢ei¥ed from trnstees aThJ related cnIeS durrn8 the Page 27
Maldo 2024 2024 2023 £YKJo FIXED ASSEIS Tangible assets Investments li 305 13 318 CURftENT ASSETS Debtors Cash at bank 12 51 165 251 205 CRE DITORS Amounts fallin8 due within 0year 13 1781 NET CuRREp ASSEIS 127 445 Amounts falling due after morethaTr one v 14 11831 262 FUNDS Unrestricted fund5 Restfirted funds 250 12 TOTAi FUNOS 262 The financlal statements We approved by the Board of Trustees and authorised for issue on 7..1QLrt.2AW. and werè signtd on its behalf bv: N Harland- Trustee The notes forn) part tsfte finxK4al statements