# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024**
# **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
## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
|||**CONTENTS**|
|---|---|---|
|Page|3|Legal and Administrative Information|
|Page|4 to 6|Directors' Report|
|Page|7|Independent Examiner's Report.|
|Page|8|Statement of Financial Activities|
|Page|9|Balance Sheet|
|Page|10 to15|Notes to the Financial Statements|
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **CHARITY NUMBER**
**CHARITY NUMBER** 1106326 **COMPANY REGISTRATION NUMBER** 5212627 **DATE OF INCORPORATION** 23rd August 2004 **START OF FINANCIAL YEAR** 1st April 2023 **END OF FINANCIAL YEAR** 31st March 2024 **DIRECTORS AT 31ST MARCH 2024** Rev Michelle Warren Dr Arthur Wall _(Resigned 01.04.2023)_ Rev Jason Pennington _(Appointed 06.07.23)_ Sonia Marshall Helen Phillips _(Resigned 12.12.2023)_
## **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
## **INDEPENDENT EXAMINER**
Lomax Pavey Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024**
## LIGHTHOUSE OF GOD MINISTRIES. LOGM.
## BY PASTOR MICHELLE WARREN.
## **AIMS AND OBJECTIVES.**
- a. To advance the Christian faith in accordance with the statements of beliefs, appearing in the constitution, in the schedule hereto in the British Isles, (United Kingdom, Wales), and the world, as the trustees see fit, and other such purposes which are exclusively charitable according to the law of England and Wales and relate to the charitable work of the charity.
- b. The relief of the poor, sick, needy, in United Kingdom and Wales and the world, as the Trustees think fit.
- c. To advance education in the Christian religion and Christian lifestyle and awareness of poverty in LOGM projects, to raise urgent funds for the charity projects, in the United Kingdom, Wales and World as Trustees see fit.
## **ACHIEVEMENTS AND ACTIVITIES**
KENYA PROJECT 2022-2023
AFRICA, KIBERA SLUM SCHOOL PROJECT IN NAIROBI
## ST STEPHENS SCHOOL - CURRENT PROJECT.
St Stephens School is a private run shanty School in Kibra 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.
We currently have children aged 3 years old to 14 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.
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST MARCH 2024**
## **FINANCIAL REVIEW**
Our Charity Shop Lighthouse Charity still remains open even though retail has hit towns very hard again this year. We have seen an increase in people giving donated items for us to sell at the shop which has really helped the Charity this year.
The bills are very high, but it serves as a base for Lighthouse and after bills are paid, the rest raise goes to the children to help with the food programme.
£16,117 has been raised this year for the Kenya Children to help with food and education at St Stephens school in Kibra Slum in Nairobi, Kenya. 100% of the funds raised as gone out to Kenya. The total going out this year is £16,343.96.
We continue to raise funds also through social media and through our web site. www.lighthouseofgodministries.co.uk.
We raised a total of 28,430 this year.
## **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. We have given out food, clothes, shoes etc to help people in need.
We also have helped many homeless people this year with sleeping bags, blankets, clothes, shoes, and food.
## **WEB SITE AND SOCIAL MEDIA**
Our web site continues to raise funds for the charity. www.lighthouseofgodministries.co.uk
Lighthouseofgodministries is our face book page.
Thank you to everyone who has donated items and funds to Lighthouse of God Ministries. You have changed, helped and saved lives.
Many Blessings, Reverend Michelle Warren
## **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.
## **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.
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 2024.
## **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
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than
- any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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
23rd January 2025
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024**
|**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
**2023/24**
**2022/23**
£
£
£
£
28,430
-
28,430
39,756|
|---|---|
||**28,430**
**-**
**28,430**
**39,756**|
||32,086
-
32,086
31,543|
||**32,086**
**-**
**32,086**
**31,543**|
||**(3,656)**
**-**
**(3,656)**
**8,213**
4,856
-
4,856
(3,357)
-
-
-
-|
||**1,200**
**-**
**1,200**
**4,856**|
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 15 form part of these financial statements.
8
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AS AT 31ST MARCH 2034
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967
1.246
4.442
4.850
3242
3242
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024**
## **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.
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024**
## **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%
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024**
## **2. TANGIBLE FIXED ASSETS**
|||Land &|Fixture &||||Office||**Total**|
|---|---|---|---|---|---|---|---|---|---|
|||Buildings|Furniture||Library||Equipment||**2023/24**|
|||£|£||£||£||£|
|Cost|01-Apr-23|4,435|||||||4,435|
|Additions||-||-||-||-|-|
|Cost at|31-Mar-24|4,435||-||-||-|4,435|
|Depreciation|01-Apr-23|-|||||||-|
|Charge||-||||-||-|-|
|Depreciation at|31-Mar-24|-||-||-||-|-|
|Net Book Value|31-Mar-24|**4,435**||**-**||**-**||**-**|**4,435**|
|Net Book Value|31-Mar-23|4,435||-||-||-|4,435|
The annual commitments under non-cancelling operating leases, capital commitments, contingent liabilities are as follows:
31st March 2024 : None 31st March 2023 : None
## **3. INCOMING RESOURCES**
|**Donations & Legacies**
Gifts Donations
Charity Shop Sales
Gift Aid
Grants & Sundry Income
Director's Gift|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2023/24**
**2022/23**
£
£
£
£
16,540
-
16,540
9,257
11,551
-
11,551
9,567
339
-
339
179
-
-
-
4,107
-
-
-
16,647|
|---|---|
||**28,430**
**-**
**28,430**
**39,756**|
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024**
|**4. RESOURCES EXPENDED**
**Cost of Charitable Activities**
Kenyan School Support Funds
Advertising & Marketing
Bank Charges and Fees
Charity Shop General Costs
Church Expenses
Insurance Costs
Wages
Payroll Costs
Repairs & Maintenance
Website Costs
Utilities & Rates
Rent
Independent Examiners Fees
License & Subscriptions
Miscellaneous Expenses
Printing, Postage & Stationery
General Costs
Legal & Professional Fees
Expenses Paid by Director|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2023/22**
**2022/21**
£
£
£
£
16,117
-
16,117
17,974
297
-
297
179
27
-
27
15
678
-
678
-
8
-
8
-
1,217
-
1,217
120
2,000
-
2,000
2,200
248
-
248
-
312
-
312
-
389
-
389
-
1,563
-
1,563
877
7,485
-
7,485
3,519
960
-
960
1,497
483
-
483
216
30
-
30
-
-
-
-
13
-
-
-
3,495
272
-
272
256
-
-
-
1,182|
|---|---|
||**32,086**
**-**
**32,086**
**31,543**|
|**5. RESTRICTED FUNDS**||||||||
|---|---|---|---|---|---|---|---|
|**CURRENT FINANCIAL YEAR**|**Balance**||||||**Balance**|
||**01-Apr-22**|Income||Expenditure|Transfers||**31-Mar-23**|
||£|£||£|£||£|
|Kenya Fund|-||-|-||-|-|
||**-**||**-**|**-**||**-**|**-**|
## **PREVIOUS FINANCIAL YEAR**
|Kenya Fund|**Balance**
**Balance**
**01-Apr-21**
Income
Expenditure
Transfers
**31-Mar-22**
£
£
£
£
£
1,339
-
1,339
-
1,339|
|---|---|
||**1,339**
**-**
**1,339**
**-**
**1,339**|
The restricted funds are wholly represented by the Charity's cash reserves.
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024**
## **6. 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**
£
£
**£**
**£**
301
-
301
451
31
-
31
161
634
-
634
634
-
-
-
-
**967**
**-**
**967**
**1,246**|
|---|---|
## **7. DEBTORS AND PREPAYMENTS**
The company held no debtors or prepayments during this or the previous financial year.
|**8a. CREDITORS:**Amount falling due within a year
Independent Examiners Fee
**8b. CREDITORS:**Amount due over more than a year
Director's Loan|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**31-Mar-24**
**31-Mar-23**
£
£
**£**
**£**
960
-
960
825|
|---|---|
||**960**
**-**
**960**
**825**|
||Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**31-Mar-24**
**31-Mar-23**
£
£
**£**
**£**
3,242
-
3,242
-|
||**3,242**
**-**
**3,242**
**-**|
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## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024**
## **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 2024|**2023/24**
**£**
(3,656)
**(3,656)**
4,856
**1,200**|**2022/23**
**£**
8,213|
|---|---|---|
|||**8,213**|
|||(3,357)|
|||**4,856**|
## **10. STAFF COSTS AND NUMBERS**
|Gross Wages & Salaries
Employer's National Insurance Costs
Pension Contributions|**TOTAL**
**2023/24**
**£**
2,000
-
-
**2,000**|**TOTAL**
**2022/23**
**£**
2,200
-
-|
|---|---|---|
|||**2,200**|
Employees who were engaged in each of the following activities:
|Charitable Activities|**TOTAL**
**2023/24**
1
**1**|**TOTAL**
**2022/23**
1|
|---|---|---|
|||**1**|
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 (2022/23: None)
## **11. PAYMENTS TO DIRECTORS**
During the financial year Director Revd Michelle Warren received £2,000 (2022/23: £2,200) in salary related payments from Lighthouse of God Ministries in furthering the Charity's objects. Michelle Warren also loaned an amount of £3,242 to the charity. The loan is to be paid back after one year. Apart from expense reimbursements, no other 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.
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