# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025** # **LIGHTHOUSE OF GOD MINISTRIES (LOGM)** (A Company Limited by Guarantee) **CHARITY REGISTRATION No: 1106326** **COMPANY REGISTRATION No: 5212627** Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG ## **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 to16|Notes to the Financial Statements| 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 2024 **END OF FINANCIAL YEAR** 31st March 2025 **DIRECTORS AT 31ST MARCH 2025** Rev Michelle Warren Rev Jason Pennington Sonia Marshall ## **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** Independent Examiners Ltd The Grain Store Appledram Lane South Chichester West Sussex PO20 7EG 3 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025** ## 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 2024-2025 AFRICA, KIBERA SLUM SCHOOL PROJECT IN NAIROBI ## ST STEPHENS SCHOOL - CURRENT PROJECT. 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 I 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 is 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. ## **MAIN AIMS FOR THE YEAR** The aims of this year is for Michelle Warren to go to Kenya to visit St Stephens School, in Kibra slum. To assess:- the Children’s Welfare. To check the children are being fed, and looked after well by the school and guardians. To meet the teachers again, and do some team building, and to give some treats. To hold a Christmas party for the children and fun days to give them some toys and treats, as well as food and stickers. 4 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **MAIN AIMS FOR THE YEAR (continued)** To assess the school re structure to make sure the structure is safe and they put in the steel bars we previously paid for, and new classroom for science lab. To give another laptop to the teachers, to help them, at the school. To get some more video footage and photos off the children to help with fundraising. To spend time with Agelina Nudta who is the Director of the he school and give her and her husband support, and some treats. ## Mission Outcomes All aims were achieved. The children had ‘fun fun fun.’. A Christmas party, hats, toys, stickers, games, treats. The Children had food and another fun day., with Christmas story comic books too. Teachers had a lot of fun and team building through the day with them joining in the games. Lots of footage was taken of the children and photos for more fundraising. And the school is looking good. ## **FINANCIAL REVIEW** We have maintained feeding 600 Orphans/Needy Children all year which is a massive achievement and have continued to help the teachers. £17’591 was raised by kind donors through online donations and tin collections and shop donations, and through social media and our web site, www.lighthouseofgodministries.co.uk We have maintained paying our general bills for the shop rent, utility bills, insurance, and governance etc, and Charity bills. A loan repayment of £5,000 was made to MW during the year, which was subsequently resolved through offsetting against a donation of £18,000 made by the trustee. ## **LIGHTHOUSE FELLOWSHIP** Our Café style Church this year has gone well. People can have tea and coffee, soft drinks and cake for a small donation, and the money raised from this helps local people in the church and local community. A petty cash system is in use to help with this. We have given out food, clothes, shoes, etc. to help people. We also have helped many homeless people this year with coats, scarves, gloves, sleeping bags, blankets, clothes, shoes, and food and toiletries. The church is non-denominational like the Charity and is an Independent Modern Church, and part of Lighthouse of God Ministries. Pastor Michelle has been Pastorally looking after a lot of people, on a one to one and this year, and number of people coming to services has increased. We needed an additional premises for the Church services. A property has been found this year which we hope will help many other ## **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 5 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **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. ## **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. ## **EVENTS AFTER THE REPORTING PERIOD** Subsequent to the year end on 31st March 2025, Rev Jason Pennington resigned as a Trustee and Director on 4th June 2025. Jane Jones was appointed as a Trustee and Director on 3rd June 2025. The charity continues to operate with three trustees in compliance with governance requirements. 6 LIG￿[HoUsE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST MARCH 2025 srATEMENT OFTRUSTES R￿poNSIBluTI The Charities Act and the Cornpanies Act require the Board of Trustee5 to Prepa￿ financial statements foreach f5nancial year which gives a true and fairview of the state of affaijs cl the charity as at the end of the financial year and of the surplLts or delicit QF the charity. Selert suitabla 3cccwJnting pdicies and then applythem Con5￿tent￿. Makejudgements and estimatesthat are rea￿￿able and prudeni Prepare financial statements cffi a I￿goIng C(￿cern basis unless rt is inappropriate to presume that the compènywill continue In busine>s- State whether applicable accounting Standards and stalements d recommended practice have been followèd, subject toany matefial departure5 d￿cloSed and explained in the financial ststements. The Trustees are also responsible for maintaining adequate accounting records which disc105e with rÈasc￿ab1e accuracy ai any time the financial postti**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
**2024/25**
**2023/24**
£
£
£
£
46,951
-
46,951
28,430| |---|---| ||**46,951**
**-**
**46,951**
**28,430**| ||41,073
-
41,073
32,086| ||**41,073**
**-**
**41,073**
**32,086**| ||**5,878**
**-**
**5,878**
**(3,656)**
1,200
-
1,200
4,856
-
-
-
-| ||**7,077**
**-**
**7,077**
**1,200**| 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. 9 LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY UMffED BY (WARANTEE) BALANCE SHEET AS AT31ST MARCH 2025 Unrestiicted Funds Restricted Funds Total 31-Mar-2S 31-Mar.24 Flxed Assets Tangible Assets 4.435 4,435 4.435 CurrentAss•ts Cash at Bank and In Hand Debtor5 & Prepayments 4.679 4.679 967 Total CuvrentAssets 4.679 4.679 967 Credltors amounts due wtthin <￿e year 1.037 1,037 960 NEf CuRR￿FAs5ErS 3.642 3.642 TOTALASSEfs less CUFrent Iiabilrf¢ies 8.077 8,077 4.442 Croditor* amounts due afterijie year 1.000 3,242 7.077 1.200 Fufid5 ofthecharlty General Fur￿5 Restricted Funds 7.077 7,077 1,200 Total Fund5 7.077 For the financial year ending 31 March 2025 the Charty wa5 entiiled toexemption from an audil underSeCtN￿ 477 of the Companies Act 2006 relating to small cunpanies. Dir•ctor$' vesponsibiliti• No members have required the companytoobtain an aud¢( of tts accounts fortheyear In questiort in accordance with section 476 of the C(xnpanies Act 2006. The direct￿5 acknNledgetheir respcA)sibilty fcx CLWnp￿.Thg with the requirements of the Act with respect to accoJnting records and fcxthe preparation of accounts. These accwnts have been p￿pared in acc(Yd3nce wtth the prcmsll￿s applicable to C(Mnpanies subject tothe small companies regime. Approved by the Trustees (Yl the Signed on their behall by Michelle Warren. Chair d Trustees Signature: &. *J 10 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025** ## **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. 11 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **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% 12 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **2. TANGIBLE FIXED ASSETS** |||Land &|Fixture &||||Office||**Total**| |---|---|---|---|---|---|---|---|---|---| |||Buildings|Furniture||Library||Equipment||**2024/25**| |||£|£||£||£||£| |Cost|01-Apr-24|4,435|||||||4,435| |Additions||-||-||-||-|-| |Cost at|31-Mar-25|4,435||-||-||-|4,435| |Depreciation|01-Apr-24|-|||||||-| |Charge||-||||-||-|-| |Depreciation at|31-Mar-25|-||-||-||-|-| |Net Book Value|31-Mar-25|**4,435**||**-**||**-**||**-**|**4,435**| |Net Book Value|31-Mar-24|4,435||-||-||-|4,435| The annual commitments under non-cancelling operating leases, capital commitments, contingent liabilities are as follows: 31st March 2025 : None 31st March 2024 : 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
**2024/25**
**2023/24**
£
£
£
£
22,215
-
22,215
16,540
8,292
-
8,292
11,551
198
-
198
339
5
-
5
-
16,242
-
16,242
-| |---|---| ||**46,951**
**-**
**46,951**
**28,430**| 13 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** |**4. RESOURCES EXPENDED**
**Cost of Charitable Activities**
Kenyan School Support Funds
Advertising & Marketing
Bank Charges and Fees
Charity Shop General Costs
Christmas Costs
Church Expenses
Guardianship Project
Insurance Costs
Wages
Payroll Costs
Repairs & Maintenance
Website Costs
Utilities & Rates
Security Costs
Rent
Storage Costs
Independent Examiners Fee's
Independent Examiner's Fees Accrued
License & Subscriptions
Telephone
Travel Expenses
Miscellaneous Expenses
Legal & Professional Fees|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
17,891
-
17,891
16,117
121
-
121
297
0
-
0
27
3,637
-
3,637
678
2,267
-
2,267
-
450
-
450
8
30
-
30
-
2,037
-
2,037
1,217
2,400
-
2,400
2,000
-
-
-
248
-
-
-
312
-
-
-
389
513
-
513
1,563
197
-
197
-
8,580
-
8,580
7,485
120
-
120
-
117
-
117
-
1,037
-
1,037
960
216
-
216
483
72
-
72
-
200
-
200
-
702
-
702
30
484
-
484
272| |---|---| ||**41,073**
**-**
**41,073**
**32,086**| ## **5. RESTRICTED FUNDS** The Kenya restricted fund is no longer in use and has held a nil balance for the past two years. The trustees have resolved to close this fund. The charity held no restricted funds in this or the previous financial year. ## **6. CASH AT BANK AND IN HAND** |Barclays Community - 629
Barclays Community - 209
Cash|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**31-Mar-25**
**31-Mar-24**
£
£
**£**
**£**
4,564
-
4,564
301
115
-
115
31
-
-
-
634
**4,679**
**-**
**4,679**
**967**| |---|---| 14 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **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 Examiner's Fee
**8b. CREDITORS:**Amount due over more than a year
Director's Loan|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**31-Mar-25**
**31-Mar-24**
£
£
**£**
**£**
1,037
-
1,037
960| |---|---| ||**1,037**
**-**
**1,037**
**960**| ||Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**31-Mar-25**
**31-Mar-24**
£
£
**£**
**£**
1,000
-
1,000
3,242| ||**1,000**
**-**
**1,000**
**3,242**| ## **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 2025|**2024/25**
**£**
5,878
**5,878**
1,200
**7,077**|**2023/24**
**£**
(3,656)| |---|---|---| |||**(3,656)**| |||4,856| |||**1,200**| 15 ## **LIGHTHOUSE OF GOD MINISTRIES (LOGM) (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **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**
**2024/25**
**£**
2,400
-
-
**2,400**
**TOTAL**
**2024/25**
1
**1**|**TOTAL**
**2023/24**
**£**
2,000
-
-| |---|---|---| |||**2,000**| |||**TOTAL**
**2023/24**
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 (2023/24: None) ## **11. PAYMENTS TO DIRECTORS/TRUSTEES** During the year, the director, Michelle Warren, received salary payments totalling £2,400. ## (a) COVID Bounce Back Loan In a prior year, the director paid the charity's COVID Bounce Back Loan of £8,385.07 on its behalf and subsequently decided to forgive this debt as a gift, although this was not formally recorded. During the current year, the charity mistakenly repaid £5,000 believing the loan was still outstanding. Upon review, it was confirmed the debt had been forgiven, resulting in an overpayment of £2,758. The director made a donation of £18,000 during the year, and the overpayment has been offset against this, with £1,000 applied to the separate loan below. The net donation of £16,242 is recorded in Note 3. ## (b) Separate Director's Loan The charity owes the director £1,000 in respect of a separate loan, which remains outstanding at 31 March 2025 (2024: £1,000 included within the total of £3,242). No other payments were made to directors/trustees or related parties. 16