The Streetlight Trt Charity NanR and Number The Streetlight Trust registered charity number 1117789 Prfnclpal Address 1 Warners Close, Great Brickhill. Milton Keynes. MK17 9BJ Trustees Revd M Adams Mr A J Barton (Treasurer) MrMJGale Revd I C Herbert {Chairman) MsMMLane Revd C McAllister Revd N J Taylor Professional Advisors Bankers.. Co-operative Bank plc, PO Box 101. 1 Balloon Street Manchester. M60 4EP Independent Examiner." Mr O H Hermes IIPage
Trnstees Annual Report for the year ended 31 December 2023 The trustees present their annual report and financial ststement for the year ended 31 December 2023. The financial statements have been prepared on a cash basis. Structure. Governance and Management The Streetlight Trust was established on 4 February 26 under a trust deed. The charity is constituted as a Trust The trust is managed by the trustees. There are no staff employed by the TrusL The trust deed provides for a minimum of three trustees. There were seven Trustees at the end of the year. New trustees are appointed by the existing Trustees. All new Trustees are appointed for an initial term of three years. During the year. Mark Adams, Malcolm Gale and lan Herbert were reappointed as Trustee& At trustees. meetings the strategy for Streetlight is agreed. finances and fundraising are reviewed, along with the achievements being made with the funds provided to Kanlungan. During 2023, two Trustee meetÉng were held. The Trustees dealt wFth other matters via e-mail. In future the Trustees expect to continue holding some of its meetings via Zoom in order to reduce carbon footprint Objectfves and activities for the Publk Benefft The objects of the Streedight Trust as set out in its trust deed are lo improve the lives of the poorest and most vulnerable children and their families in the Philippines by making grants of money available to non-governmental organisations {NGO's) operating with a Christian ethos.. The Trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the charity should undertake. Achlevements and perforniance Street families in Metro Manila continued to find life very tough as the Philippines came out of Covid 19. Kanlungan Sa ERMA the NGO that Streetlight supports, experienced significant demands upon One of the sad realities of the pandemic has been the explosive growth of online sexual exploitstion in the Philippines. Kanlungan has seen that younger children are now being referred to it by INGO'S such as International Justice Mission. Kanlungan operates in the metro-manila area in the Philippines. and runs projects covering- street education and child protection for street children; 21Page
day centres for street children living in urban slums, where children can get an education and a meal; a temporary shelter and short-term residential care centre for street children who need counselling and support long term residential care and training centres, one for girls and one for boys,. after care to reunite children with their families, provide educational assistance and help the parents take care of the children., social enterprises la fami growing coffee in Cawte prownce, south of Manila) to provide employment opportunities for older tM)y& The grants made to Kanlungan are largely unrestiitted to cover the core stsffing costs of the organisation, as well as utilities and food for the children. The trustees ensure that the public benefit stated in the Trust's objects are being achieved in several ways. Nomially. the prime means is from visits to see Kanlungan's projects in action. In April 2023 several Trustees were able to visit tskn.ng a group from the UK with them for the first time since 2019. The Trustees also kept in contact with Kanlungan via attendance at staff devotions, and regular online and telephone communication. The Chair of StreedighL lan HerberL remains a member of the Board of Trustee5 at Kanlungan. The trustees are very conscious of the impact of climate change, especially on the world's poorest people, and now has a policy to carbon offset air travel. This will be done by any travellers to the Philippines on Streetlight business making payments to Climate Stewards who support tree planting and other carbon mitigation projects in Uganda, Ghana and Mexico. The trustees are extremely grateful to all Streetlighys supporters. Thanks to modem technology we are able to bring our supporters into contact with the staff team at Kanlungan. Since the year end, we ran another"wrtual tea- event with Sol Balbero the Executive Direttor of Kanlungan. This event was appreciated by all who attended. ReseNes Policy The Trust regularly reviews its resen$ policy. During the year. the reserves level was maintained at £18,4LN) equal to two of the regular payments that are made every two months. The unrestrirted cash balance at year end was £25,549 above the minimum reserve. Reserves have been falling in a planned way in the last two years (having reached £44,332 at the end of 2021). Financlal Review Detsils 2023 was another challenging year for fundraising. However. the diverse range of Streetlighys fundraising income streams helped the charity withstand the ups and downs of the year.
Fin rm During the year, cash receipts totslled £68.189 (up 7% on 2022) and cash expenditure £76.185 (up 3% on 2022). As trustees, we have yet again been greatly encouraged by the remarkable generosity and commitment of our supporters. Thank you. Individual Regular giviry totalled £19,457 {up 5% on 2022). The number of regular givers increased by 3 to 47 during the year. Indtvidual Single Giving totslled £10,295 Idown 24% on 2022). This stream of giving does vary year on year because it is highly dependent on a small number of individuals who have been long-standing supporters of Streetlight. We are so grateful to you. Giftaid of £11,270 was claimed during the year, a 31% decrease on 2022. This reflects a drop in individual single gifts in 2022. Fundra(siry events and activities grew substantially as the impact of Coronavirus lifted. Income was £14,305 lup 19% on 2022}. Events ranged from the Christmas Ball in Bletchley, to a golf day, brass band concert and pie and mash evening. We were very grateful to Immanuel School in Bradford for a series of fundraising activities which raised almost £1.CKM). Stride for Streetlight continued in 2023 with our Trustee, Mary Lane finding a new walking challenge. Thanks to all those who sponsored Mary and walked with her. Thanks to you, Mary raised over £1,() for Streetlight Dlrert fvnClQI support from churches amounted to £12.930 (up 60% on 2022). During the year, nine churches provided direct financial supporL We are grateful to all the churches for their financial and prayer support. We did not receive any lega¢ygifts in 2023. However. we did sell the Barclays shares that had originally been left as a legacy gift for £242. Otherglvlng remains unpredictable. In 2023, the totsl was boosted by a gift of £1,500 from the H C Beer Charitable Trust and £1,2 of CAF payments. Financial erfonn en During the year, remittances to Kanlungan so ERMA totalled £65,620 (down 2% on 2022). Of the total in 2023, £65,2(K) was frorn unrestricted funds and £420 from restricted funds. 41Page
Streetlight rnaintsined its regular giwng of £55,2(Xi to Kanlungan which is provided on an unrestritted basis to support stsff salaries rents, food and utilities. This Jnding is of great Strategic value to Kanlungan as many grant funder will not fund general costs. Additional gifts were made, mainly to support Kanlungan stsff costs. The costs of fvndraising events and acrfvltles went up by 50% to £7,400. This was partly a timing issue as the 2023 expenditure included some payments relating to the 2022 Ball. We are grateful to the team at Wilton Hall for their flexible and supportive approach to staging the evenL Admlntstratlon costs of £447 covered costs of child protection, online payment and website management fees. All administration costs are covered by the Trustees, financial contribution Travel costs of £2,718 were incurred by the Trust to enable Tnjstees to Msit Kanlungan. The Trustees. policy that any travel costs must be more than funded by the Trustees pooled financial contributions to Streetlight remains in place. Lookin 2024 will be a challenging year for Kanlungan as the imparts of Covid 19 continue to be felt by street families. Children are often on the receiving end of abuse as a result of the stresses being experienced by families. Our prayer is that Kanlungan stsff will continue to be able to help children heal from trauma and Un[k their inner, God- given, potential. The challenge for Streetlight will be to sustain and grow income against the backdrop of the cost-of-liwng challenge. To sustain financial support for Kanlungan at 2023 levels Streetlight will need to grow its income in order to stay above the minimum reserve threshold. We are thankful for committed support from individuals and churches and look forward to 2024 with confiden. lan Herbe¢ Chair of Trustees. March 2024 51Page
CHARITY COMMISSION FOR ENGLANO AND WALES Tho StrB8lligM Tnat Receipts and pa ments accounts CC16a F¢x th• rIOd 01-Jan-23 31-tw23 To Section A Receipts and payments Unresthetad Endt)wmwrt funds Totsi funds Last year A1 Ree•lpts lThJwidual RegUrGiVI[ I1VI¢lUa1 Single FundMsing Etsand Acbwbas Ctwr¢h Giviw Legaoes Giving 19,LW7 10,295 19.457 10.295 14,305 11931 18.592 I31 12.033 8.088 111 3.119 3.119 62 t3 11.270 7.661 7,T51 Sub total(Gro8s income ftjr AR) 67.49 67,947 63.679 {$og table). Sale of 208 8#rclay8 shar•8 242 Sub total 78333 A3Pa ants RemiltanrM to K8nlung*i Cost of Fundrain9 Events &tieS Admin Costs Trawd Costs 67,060 928 447 2.718 1718 Sub total 74785 76,185 74177 A4 Asget and Investmènt pur¢ha808. see tsble Sub total 7417T Net of raceip{payfflents) . AS Translèrs between funds A8 Cash funds last y8ar ènd Cash fun(ts thls year end 33,575 33P35 44332 CCXX R1 xcounts ISS}
Section B Statement of assets and liabilities at the end of the period Unrngtrietod lund$ •XfB%t£ Restrlcted Endowment funds fvnds to ng•rg8t£ to mreStE Categories Details B1 Cash Total cash funds •>Y•3)) Unrnstrlcted Re8trlctsd Endowme fund5 nds funds to ngarw£ to naa1•£ Detai15 ID nBar05t£ Fundtothlch Detslls CvFrert¥8luo onal 83 In¥ostment a880ts Deta115 Cwrent ¥8• omal B4 A8s•ts rotalnod lor th• ¢harfty's own u•8 Fuhd tOTwhh AM(rt du Details onal B6 Llabllltlo8 Sigrod by on• Ort tru8tees on haff ofath th& tru5taes naTe Prknt Name Date of roval AThlrew James Barton lan cha Hertert 03 CCXX R2 Onts {SSI 08K12r2024
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to tho trusteesl members of Ch8rty Name The Streetlight Twst On accounts lor the year ended 31 Dember 2023 Charity no (If any) 1117789 Set out on pages Iremembef 10 i.-,cIu e P2ge r.Uryihe-5 nf addi!10Tr21 swieetsl Respective The chantys trustees are responsible for the preparation of th8 accounts. responsibilities of The charty's trustees consider that an audrt is not required for this year trustsos and èxaminer under section 144 of the Chaiities Act 2011 (the Charth"es Act) and that an independent examination is needed. It is my responsibility lo= examine the accounts urKler section 145 of the Charities Act, to foll¢)w the prOdureS laid down in the general Directions given by the Charity C¢)mmission (ur)der section 145(5)(b) of the Charities A(*. and to state whether particular rnatters have come to my attents'on. Basis of indgpendent My examination was carried out in attordance with genèral Directions given examlnevs 8tatement by the Charity Commission. An examination indudes a VIeW of the accounting records kept by the charity and a comparison of the accounts presented wrth those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking eXanationS from the Irustees concerning any such matters. The procedures undertaken do not provide all the eviden that woukl be required in an audrt, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statemerrt below. Independent In connection wtth my examination, no material matters have come to my examinetrs statsment attenton {other than that disdosed telow") which gives me cause to believe that in. any material respEd'. accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not aCCd with the accounting records I have come across no other matters in connédion the examination to which attention should be drawn in order to enable a Oper understanding of the accounts to be reached . Please delete the words in the brackets rfthey do not apply. Signed: Date: Name: Oliver Hernes Relevant professlonal qualifirAtion(s) or body (if any): Addrnss: 18 Hamilton Lane, Bletchley, Milton Keynes. MK3 SLU IER December 2017