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2023-03-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

LIGHTHOUSE OF GOD MINISTRIES (LOGM)

(A Company Limited by Guarantee)

CHARITY REGISTRATION No: 1106326

COMPANY REGISTRATION No: 5212627

Independent Examiners Ltd

2 Broadbridge Business Centre

Delling Lane

Bosham West Sussex PO18 8NF

1

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

CONTENTS
Page 3 Legal and Administrative Information
Page 4 to 8 Directors' Report
Page 9 Statement of Financial Activities
Page 10 Balance Sheet
Pages 11-16 Notes to the Financial Statements
Page 17 Independent Examiner's Report.

2

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER 1106326 COMPANY REGISTRATION NUMBER 5212627 DATE OF INCORPORATION 23rd August 2004 START OF FINANCIAL YEAR 1st April 2022 END OF FINANCIAL YEAR 31st March 2023 DIRECTORS AT 31ST MARCH 2023 Rev Michelle Warren Dr Arthur Wall (Resigned 01.04.2023) Sonia Marshall Helen Phillips GOVERNING DOCUMENT Memorandum and Articles of Association incorporated 23rd August 2004.

OBJECTS

A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND OTHER SUCH PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY; B) THE RELIEF OF THE POOR, SICK, NEEDY AND ELDERLY IN SLOUGH AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT. C) TO ADVANCE EDUCATION INCLUDING BUT NOT BY WAY OF LIMITATION EDUCATION IN THE CHRISTIAN RELIGION AND CHRISTIAN LIFESTYLE IN SLOUGH AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT;

REGISTERED ADDRESS

Lighthouse Charity Shop 9 Market Street Aberdare RCT Aberdare CF44 7DY

BANKERS

Barclays Bank UK PLC

INDEPENDENT EXAMINER

Lomax Pavey Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

3

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

LIGHTHOUSE OF GOD MINISTRIES. LOGM.

BY PASTOR MICHELLE WARREN.

AIMS AND OBJECTIVES.

ACHIEVEMENTS AND ACTIVITIES

KENYA PROJECT 2022-2023

AFRICA, KIBERA SLUM SCHOOL PROJECT IN NAIROBI

ST STEPHENS SCHOOL.

St Stephens School is a private run shanty School in Kibera slum. The school is run and owned by Head Teacher Angelina Nduta Mutio. In 2007 we met Angelina and she was trying to help 25 orphans from 2 shacks, in Kibera Slum, Nairobi, Kenya. They had no food, no water, no toilets, no books, or stationery, but she was trying to help them. She lives in Kibera slum too and I could see that she had a heart for these children.

The school was registered as a self-help group, so they can allow children who do not have a uniform, shoes, school fees, to get an education to help themselves. St Stephens School is now recognised by the Government as a registered school. Exams are now being sat at the school and the children are doing well despite their very poor circumstances.

We went from 25 needy children to 50 needy/orphans to 200 to 600 needy/orphans. Our first job 21 years ago, was to get clean water into the school, through piping. This gives clean water not only to the children and teachers but to that community too.

Dysentery is one of the number one killer for under 5’s in Kibera and by providing clean water we are saving many children’s lives. We currently have children aged 3 years old to 12 years old, a Primary School and one Secondary class for 13–14-year-olds. The school is based in Kibera slum, Nairobi, Kenya.

We have a sponsor a child appeal for £10 a month, where £8 out of it goes to food and the rest helps a teacher to give education to an orphans/needy child. We give Porridge for breakfast and rice, beans and milk for lunch.

4

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST MARCH 2023

FINANCIAL REVIEW

Covid has been a major problem still in the community which has affected retail badly. Our Lighthouse Charity Shop really struggled this year because of it, and we are seeing less people coming into town because of online sales too. This is shown in the football reports which show the footfall of people entering town. Also, there have not been any Covid grants available this year in comparison to the last financial year.

The Director mainly paid off the Barclays Covid Bounce Back Loan, as there were insufficient funds in the charity. This has been put down as a manager’s loan and in total there were two Managers Loans given for this financial year, totalling £16,646.

We recognised that the account was in debt, so at the end of this financial year, the Director agreed to give the amount due as a gift to the charity, which will cancel the debt. We hope too that retail picks up in the next financial year, as the community recover. We will endeavour to do more online sells too next year to try and boost sells. We hope that the community start to come back into town and to give more confidence we have the full measure of wearing face masks, in our charity shop and double spacing and hand washing facilities.

Our Lighthouse Children's account was with Nationwide. A Treasurers Trust Account. Nationwide closed all book business/Charity accounts this financial year. We lost a lot of sponsors, even though we wrote to people with our new account details. I guess some people no longer could afford to Sponsor, and some people may have changed their address, and some switched, but a lot of damage was done! This really affected our Charity and was not helpful.

Although we struggled, we still maintained feeding 600 Orphans/Needy Children all year which is a massive achievement and have continued to help the teachers.

The total raised for this financial year was £39,756.

LIGHTHOUSE FELLOWSHIP

Our Café style Church this year has gone well. People can have tea and coffee and cake for a small donation, and the money raised from this helps local people in the church and community. With Covid we have seen a rise of people with Mental Health problems and, the Café and Pastoral help given has help a lot of people. Other people with Learning Disabilities, social needs, the lonely and the general public have also been supported this year.

We have given out food, clothes, shoes etc to help people. Even during Covid we provided some support with home visits. We also have helped many homeless people this year with sleeping bags, blankets, clothes, shoes, and food. The church is nondenominational like the Charity and is an Independent Modern Church, and part of Lighthouse of God Ministries.

WEB SITE AND SOCIAL MEDIA

Our web site continues to raise funds for the charity: www.lighthouseofgodministries.co.uk Lighthouseofgodministries is our Facebook page.

Thank you to all who have contributed this year and past to helping Lighthouse of God Ministries. Lighthouse Children appreciate you.

Many Blessings, Reverend Michelle Warren

5

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LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT EXAMINER'S REPORT

I report to the trustees/members of Lighthouse of God Ministries on my examination of the accounts of the Company for the year ended 31st March 2023.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act).

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Lomax Pavey Independent Examiners Ltd Unit 2

The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

31st January 2023

7

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

Notes
INCOMING RESOURCES
Donations & Legacies
3
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Cost of Charitable Activities
4
TOTAL RESOURCES USED
NET INCOMING/(OUTGOING) RESOURCES
Total Funds Brought Forward
Transfers Between Funds
5
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
Funds
Funds
2023/22
2022/21
£
£
£
£
39,756
-
39,756
33,264
39,756
-
39,756
33,264
30,204
1,339
31,543
32,167
30,204
1,339
31,543
32,167
9,552
(1,339)
8,213
1,097
(4,696)
1,339
(3,357)
(4,454)
-
-
-
-
4,856
-
4,856
(3,357)

Movements on all reserves and all recognised gains and losses are shown above. All of the charity's operations are classed as continuing.

The notes on pages 10 to 16 form part of these financial statements.

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LIGHTHOUSE OF fjOD MINISTRIES ILOGMI IA COMPANY LIMrrED BY GUARANTEEI BALANCE SHEET AS AT 31ST MARCH 2023 Un￿Stricted Funds R￿trIcted Funds Totsl Totsl 314Iar-23 31-Mar-22 Not• xedAssets Tangible A55et5 4.435 4.435 CurrgThtAsE•ts Cbsh at 8ank and in Hand Debiors &Prepayments 1,246 1246 4.855 Totsl CtsrYehtAssèts 1.246 1.246 5.153 CraLIItOr&- amwnts duewithin oneyear 825 825 1,926 NEfcuRREKfA$5Ers 421 3.227 TOTALASSE1516sscurr8ntliibilities 4.856 4.8S6 7,662 Cr•dlt•r& ¥mcwnts dueafteroneyegr 11.020 NÉfASSErs 4.856 4.B56 3.357 Fund501theCharity Gerne￿I Fund5 Restricted FU￿5 4056 4056 15,9841 2,627 Totrl Funds 4.856 3.3571 FlYthefw￿131)ear￿ry 31 Ala￿h 3123trethafitywa5entitlpd toexemption from audit undersection477oftheCompanies trb8JtknhaEtrt￿￿￿ttthrityI0Obtsin an auditof its accountsforthoy3rinque&tion in aCC￿danCe dffEr(Y5aCkrnknlget￿Ttw{￿￿lbA￿OP5forC0mp]￿ry wi(hthe requirememsoftheAcl wilh respectto ￿￿c[￿￿t￿￿withthe prtiriSions appE￿able1￿C0rnpaTr￿s 5ubieciioihe 5Triallcompanie5

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when:

the charity becomes entitled to the resources;

the Directors are virtually certain they will receive the resources; and

the monetary value can be measured with sufficient reliability.

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report.

10

LIGHTHOUSE OF GOD MINISTRIES (LOGM)

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES (Continued)

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.

Grants with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Changes in Accounting policies and previous accounts

There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.

Grants payable without performance conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Taxation

The charity is exempt from tax on its charitable activities.

Legal Status of the Charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Fixed Assets

These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.

Depreciation Expense

Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance over their estimated useful lives. The rates applied per annum are as follows:

Library 25% Office Equipment 10% Fixtures & Furniture 25%

11

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

2. TANGIBLE FIXED ASSETS

Land & Fixture & Office Total
Buildings Furniture Library Equipment 2023/22
£ £ £ £ £
Cost 01-Apr-22 4,435 4,435
Additions - - - - -
Cost at 31-Mar-23 4,435 - - - 4,435
Depreciation 01-Apr-22 - -
Charge - - - -
Depreciation at 31-Mar-23 - - - - -
Net Book Value 31-Mar-23 4,435 - - - 4,435
Net Book Value 31-Mar-22 4,435 - - - 4,435

The annual commitments under non-cancelling operating leases, capital commitments, contingent liabilities are as follows:

31st March 2023 : None 31st March 2022 : None

3. INCOMING RESOURCES

Donations & Legacies
Gifts Donations
Online Donations
Shop Tips for Kenya
Grants - RCT Council (Lockdown)
Charity Shop Sales
Sundry Income
Gift Aid
Grants & Sundry Income
Director's Gift		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2023/22
2022/21
£
£
£
£
7,657
-
7,657
20,572
926
-
926
-
674
-
674
-
-
-
-
2,000
9,567
-
9,567
10,691
-
-
-
-
179
-
179
-
4,107
-
4,107
-
16,647
-
16,647
-
39,756
-
39,756
33,264

12

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

4. RESOURCES EXPENDED
Cost of Charitable Activities
Advertising & Marketing
Bank Charges and Fees
Donations to School, Children & their Families in Kenya
Equipment Costs
General Expenses
Insurance Costs
License & Subscriptions
Printing, Postage & Stationery
Rent & Rates
Repairs & Maintenance
Shop Costs
Director's Renumeration
Telephone Costs
Travel & Subsistence
Utility Costs
Independent Examiners Fees
Legal & Professional Fees
Expenses paid by Director		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2023/22
2022/21
£
£
£
£
179
-
179
24
15
-
15
838
16,635
1,339
17,974
31,751
-
-
-
1,488
3,495
-
3,495
-
120
-
120
295
216
-
216
-
13
-
13
2,065
3,819
-
3,819
5,250
-
-
-
584
-
-
-
3,946
2,200
-
2,200
-
-
-
-
1,125
-
-
-
1,147
577
-
577
1,343
1,497
-
1,497
726
256
-
256
1,895
1,182
-
1,182
-
30,204
1,339
31,543
52,476

5. RESTRICTED FUNDS

CURRENT FINANCIAL YEAR

Kenya Fund
PREVIOUS FINANCIAL YEAR
Kenya Fund		 Balance
Balance
01-Apr-22
Income
Expenditure
Transfers
31-Mar-23
£
£
£
£
£
1,339
-
1,339
-
-
1,339
-
1,339
-
-
Balance
Balance
01-Apr-21
Income
Expenditure
Transfers
31-Mar-22
£
£
£
£
£
-
16,556
15,217
-
1,339
-
16,556
15,217
-
1,339

The restricted funds are wholly represented by the Charity's cash reserves.

13

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

6. CASH AT BANK AND IN HAND

Cash at Bank and in Hand
Barclays Community - 629
Barclays Community - 209
Cash
Nationwide Account		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
-
-
-
-
451
-
451
2,813
161
-
161
304
634
-
634
634
-
-
-
1,103
1,246
-
1,246
4,855

7. DEBTORS AND PREPAYMENTS

Prepayments
Sundry Debtors		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
-
-
-
-
-
-
-
298
-
-
-
298

8a. CREDITORS: Amount falling due within a year

Accruals
Sundry Creditors
Independent Examiners Fee
8b. CREDITORS:Amount due over more than a year
Bounce back Loan
Director's Loan		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
-
-
-
300
-
-
-
-
825
-
825
1,626
825
-
825
1,926
Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
-
-
-
7,959
-
-
-
3,061
-
-
-
11,020

14

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

9. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES

The Company is Limited by Guarantee and is a Charity registered with the Charity Commission number 1106326 and is not, therefore, subject to Corporation Tax and does not have a Share capital.

Note
Profit / Deficit for the financial year
Balance Brought Forward
Closing Funds as at 31st March 2023		 2023/22
£
8,213
8,213
(3,357)
4,856		 2022/21
£
1,097
1,097
(4,454)
(3,357)

10. STAFF COSTS AND NUMBERS

Gross Wages & Salaries
Employer's National Insurance Costs
Pension Contributions
Employees who were engaged in each of the following activities:
Charitable Activities		 TOTAL
2023/22
£
2,200
-
-
2,200
TOTAL
2023/22
1
1		 TOTAL
2022/21
£
2,400
-
-
2,400
TOTAL
2022/21
1
1

15

LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

The Charity operates a PAYE Scheme to pay all employed members of Staff and no employees received emoluments in the range of £50,000 to £60,000 (2022/21: None)

11. PAYMENTS TO DIRECTORS

During the financial year Director Revd Michelle Warren received £2,200 (2020/21: £2,400) in salary related payments from Lighthouse of God Ministries in furthering the Charity's objects.

Apart from expense reimbursements, no payments were made to Directors or any persons connected with them during this financial period. No material transaction took place between the organisation and a Director or any person connected with them.

12. RISK ASSESSMENT

The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

13. RESERVES POLICY

The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Directors will endeavour not to set aside funds unnecessarily.

14. PUBLIC BENEFIT

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the directors report. The Directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

16