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← Sunlight Development Trust Limited

2024-03-31-accounts

A company limited by guarantee, and registered charity no 1126266

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Trustee report and financial statement for the year ended 31 March 2024

Sunlight Development Trust is supported by

Sunlight Development Trust Trustees' report for the year ended 31 March 2024

Sunlight Development Trust Ltd (A Company Limited by Guarantee)

Contents

Contents
Page
Trustees’ Report 1 - 15
Independent Examiner’s Report 16
Statement of Financial Activities 17
Balance Sheet 18
Statement of Cashflows 19
Notes to the financial statements 20 - 35

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

SECTION 1 GOVERNANCE

a. Structure, Governance and Management

The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their Annual Report together with the audited financial statements of Sunlight Development Trust Limited (the company) for the year ended 31 March 2023. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

b. Constitution

The company is registered as a charitable company limited by guarantee; it was set up by a Memorandum of Association on 31 January 2006 and registered as a charity on 13 October 2008. The charity number is 1126266 and the registered company number is 5692427. The registered address of the charity is the Sunlight Centre, which is an award-winning healthy living centre in Gillingham, Kent.

The company's principal objects are the reduction of health and social inequality through community development by the provision of services and facilities for the local community in Gillingham.

SECTION 2 TRUSTEES

a. Board of Trustees

The Trustees serving during the year and since the year end are as follows:

Chair Adam Price appointed 24 January 2012
Vice Chair Simon Millard
Company Secretary Lesley Mayo appointed 22 April 2023
Treasurer Clive Waters appointed 28 June 2024
Lia Mandaracas appointed 21 January 2023
Chengetai Madondo resigned 16 April 2024

b. Method of appointment or election of Trustees

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.

c. Induction and training of Trustees

The Board of Trustees has the power to appoint additional Trustees. The Company has detailed role descriptions for Board members in general, and for those with specific roles. The recruitment of Trustees is carried out using outside recruitment agencies, professional body organisations such as Reach, the Volunteer Bureau website and advertising amongst other colleagues and partner agencies. Through robust recruitment methods the company endeavours to reach groups of people who are under-represented in its employment, those who are members of the local Gillingham community and those who can bring relevant skills and experience to the Board.

Trustees are appointed to the Board following a formal interview and selection process which includes Trustees and may involve staff and local community members. Prospective Trustees meet with an existing Board member following receipt of a CV to discuss with them the skills and areas of expertise that they would bring to the charity, they are invited to observe and participate in a meeting before a final decision is made. Relevant diligence checks are completed prior to the new Trustee being formally welcomed to the Board.

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

SECTION 3: ORGANISATION

a. Structure and Decision-Making

The Governance structure was reviewed in this period and a new sub-committee structure established for Finance and Remuneration, Centre Management, Safeguarding and Service User Representation. The Board refer to community objectives through regular involvement with events and activities held by the organisation. Membership of the Board is drawn from the local community and Trustees operate as ambassadors with local organisations through their networking and direct involvement with many of the communities of interest associated with the Trust.

b. Risk Management

The Board of Trustees have overall responsibility for the system of internal controls for the charity and have reviewed our annual risk register. Robust financial policies and delegated authority as well as periodic visits by external accountants ensure that the company adheres to financial policies and procedures. The charity operates a comprehensive budgeting process which is approved by the Board and management accounts showing actual financial results against budget are made to the Trustees at each Board meeting.

The Trust engages the accountancy firm Kreston Reeves for independent examination of the accounts, and expert advice on matters relating to charity finance, payroll and pensions. The Trust continued to engage Ellis Whittam as the health and safety advisory service including the annual undertaking of health and safety audits, supporting risk assessment, and guidance on risk management. Advice was routinely sought by the Trust on human resourcing matters, the management of change and employment related contractual matters.

Financial policies form part of every induction and all staff are offered training on and are required to sign an anti-bribery declaration stating that they have read and understand the contents of the Anti-Bribery policy. Internal controls are in place in relation to the authorisation of all transactions and planned expenditure to maintain financial control across the organisation. Robust procedures are also in place to ensure the health and safety of all staff, beneficiaries, Trustees, and other visitors to our Centre and comprehensive inspections are completed to ensure legal compliance as well as best practice. The standards expected in relation to the services provided to our beneficiaries are clearly established and all staff work to ensure the very best provision of information, guidance, help and support to community members in contact with Sunlight. Dayto-day management of Trust wide policies covering risk and service provision is delegated to the Centre Manager, with the Chief Executive responsible for regular monitoring of their effectiveness. Trustees approve any changes to such policies and procedures and regularly review them as appropriate.

SECTION 4 AIMS AND ACTIVITIES

a. Aims and Activities.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit and to its supplementary public benefit guidance.

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

b. Values

We work alongside communities to create positive, sustainable change. Our work is guided by important principles.

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

c. How Our Activities Deliver Public Benefit

The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

All our charitable activities focus on tackling long-standing health and social inequality and multiple disadvantages through an asset-based approach to community development and a recovery-based model to mental health. We do this in partnership with local agencies, businesses and most importantly, local people and communities; co-producing a creative and inclusive community offer. Our aims are to enable individuals and community groups to access a wide and diverse range of programmes; providing accessible, inclusive and meaningful local opportunities; tackling social isolation and building social capital; promoting wellbeing, access to employment, supporting community led action and change, tackling social injustice and facilitating independence.

The charity manages the Sunlight Centre which extended its opening hours this year to provide a Wellbeing Café and Community Centre until 21:00 365 days a year. We also host a GP surgery, pharmacy, family centre, recording studio and radio station; and provide a variety of meeting space used by in excess of 45 community associations and groups from 8:30 Monday to Saturday. The centre is a thriving hub from within which we deliver a combination of work streams and projects. The users of our services are of all ages, are both male and female, of all backgrounds and all have a need to use the range of services we offer. This year was a period of growth for the Trust with the arrival of a new CEO to lead the team to carry out a wide range of activities in pursuance of its charitable aims with fresh ideas and new partnerships.

d. The History of Sunlight

The ‘Kent Today’ newspaper reported on 4 March1996 ‘Ray of Sunlight to shine on community‘.’ The old Sunlight laundry in Richmond Road, Gillingham is taking on a new lease of life as The Sunlight Centre’. The outgoing Gillingham Borough Council invested £200,000 to purchase the old building which had stood empty for two years. Council leader Bob Sayer said: ‘Apart from the range and breadth of facilities that will be available, the Sunlight Centre will be a one-of-a kind self-sustaining partnership between local people, community groups, businesses and Gillingham council’’. An open day was held on March 20, 1996, and the two most popular needs identified were a local GP surgery and a pharmacy. A new building was developed with lottery funding and the Council for Voluntary services helped us to get off the ground with many of our founder volunteers and campaigners still supporting us as Trustees, employees and volunteer session leaders to provide the following over the years:

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

SECTION 5 OVERVIEW OF ACTIVITY

a. Services

Medway Men in Sheds commissioned by Medway Council’s Suicide Prevention team, offers socialisation opportunities for men over 18 not in employment and retirees. It’s chief goal is to reduce the incidence of suicide in men by alleviating isolation and providing activities that help maintain cognition, dexterity, and mental wellbeing. In this financial year we increased the number and scope of sessions available, as follows.

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Session Day Time Location
Music Monday 10.00am-2.00pm Sunlight Studio
Otway Garden Mon, Tue, Wed 10.30am-2.30pm Otway Street
Creative Cabin NEW Tuesday 1.00pm-3.00pm Chatham
Carpentry NEW Wednesday 10.00am-12.00pm Sunlight Centre
Men’s Health Thursday 4.30pm-7.30pm Sunlight Centre
M-Power NEW Thursday 6.00pm-8.00pm Luton
Fabrication, Arduino & Engineering Friday 10.30am-2.00pm Sunlight Centre
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M-Power in collaboration with Medway African and Caribbean Association, we invited 18 to 25-year-olds from diverse ethnic backgrounds to discuss mental health issues that matter most to their communities. Driven by the beneficiaries, topics included breaking stigma to navigating cultural barriers, as well experiences and challenges unique to ethnic minorities. It also provided outreach to those living in Luton.

Creative Cabin was created with Nucleus Art to provide creative arts projects with men living in Chatham and we are seeking further partnerships for outreach across Medway.

Carpentry Group demand for our Friday session led to a Wednesday group for new starters with few or basic woodcraft skills to learn hand tools as a feeder group for Friday sessions as a safe, inclusive way for joiners to get to know each other.

“My name is AS. Firstly I’m paralyzed and in a wheelchair. Since being in a chair I have felt very lonely and isolated. I heard about Men in Sheds through my OT. At first I was reluctant about going, but I thought I would try it. I could not believe how friendly and welcoming they were. Even though I am unable to physically help with certain tasks I do have the knowledge to build things, as I have a 40-foot workshop where I build things etc. I have been told I am an asset here. Since coming here it has changed me 100%, I wish I had come a long time ago. I can’t wait till Friday comes around as it feels like I have a purpose now!” (AS Men in Sheds beneficiary)

Community Gardens provide access to green spaces, free healthy local produce, stress relief, grounding and strengthening connections, staying present, sense of purpose, dexterity and cognition, physical activity, reduced social isolation and improved mental health reducing the risk of Dementia. Our community gardens are:

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

Wellbeing Café an evening and weekend support service commissioned by Kent & Medway ICB to improve wellbeing within the local community and prevent repeat attendance at A&E by people with mental health challenges. In this financial year we expanded the service, offering support seven nights a week, increasing provision for vulnerable adults from 12 hours a week to 21 including Christmas Day, Boxing Day, and New Year’s Day with trained mental health facilitators. Our free evening wellbeing sessions until 9pm include:

From 1 June 2024 this service will be open until 11pm each evening with trained 1:1 Crisis Recovery Workers. as part of a successful bid by Mental Health Matters for the ICB’s reconfigured Safe Haven service providing free mental health support in a welcoming, comfortable, non-judgmental, and non-clinical environment for people in crisis or at risk of being in crisis. The contract is worth £222,272 pa.

“I want to say a very BIG thank you, from the bottom of my heart. I honestly cannot thank you enough for all that you do, I am so grateful that the wellbeing cafe was open over the Christmas period, I find this part of the year so challenging, and have often spent it alone, which as you can imagine impacts on my mental health very negatively, you made a hard time much more bearable and I didn’t feel alone. Your new staff have come on board and you’re now open 7 days a week. All the staff complement each other’s skills, and bring something different, they make such a fantastic team, your staff have gone above and beyond for so many people. For the first time in years I don’t feel isolated, I feel so supported, and can’t thank you enough.” AW Wellbeing Café beneficiary

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

Café Sunlight . Awards for All continued to fund the salary of our Café Supervisor to provide volunteering opportunities to develop work related skills, improve their self-esteem and become more socially confident. During the period we partnered with Bradfield’s Academy, Mid-Kent College and Kent University to provide employability skills and experience. The Café continued to offer drop-in craft sessions including Knit “n” Natter and Crafts For All, instigated and moderated by beneficiaries. It also hosts weekly stalls for community engagement or research by our partners Medway Voluntary Action, Open Reach, Kent Medical Schools, Kent and Medway NHS and Social Care Partnership and our community nurse who provides free blood pressure and health checks to our residents without the need to make an appointment with the surgery. The café is open Tuesday to Friday and we hope that further funding will become available to open on Mondays in 2024 to meet local needs.

“Sunlight’s made me more confident and outgoing. I like wearing the uniform, it makes me look and feel professional” Café volunteer

The Dementia Support Café was funded by Kent Community Foundation as a volunteer led service allowing those with dementia and their carers to meet in an informal setting to discuss issues of concern. There is an Admiral nurse present at most sessions, as well as our local ASDA Community Champion. Activities included visits from local health agencies and emergency services, two well-attended tea dances and a Christmas Carol concert given by the pupils of Burnt Oak Primary School, which is not far from the Sunlight Centre.

Radio Sunlight was unfunded during the period despite its longstanding provision of information and music to our community by our volunteers, many of whom have learning or physical health difficulties who are proud to be a Volunteer DJ, enjoy interviewing people and playing their favourite music to improve their mood. The radio also hosts our longstanding monthly poetry group.

b. Objectives.

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

c. Activities for achieving objectives.

In line with the strategic priorities of the Trust and associated business plan, in year activity of the Board and management team has been focused on the following.

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

d. Community development activities

Various community groups hire our venue throughout the year, most like us are finding it hard to secure funding for rent and we have therefore not increased our room hire rates for many years, despite our own increased rent and repair costs. We fear that increasing the cost of hall hire may cause some small community groups to close and their attendees do purchase refreshments from our community café. Engagement with and participation by the local community in the life of the Trust is a continuous and ongoing process. The Trust supports community members and groups to operate alongside the organisation whilst retaining their independence, and volunteers continue to make a substantial contribution. Some community groups become merged into Sunlight when they struggle to recruit sufficient trustees, volunteers or funds to run their services.

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

e. Leases

The Trust has signed a new lease agreement for Otway Street Garden with Medway Council and took over the lease of Ethel Maud Court Garden from High Hopes Community Garden Group who were struggling to fundraise with rising costs. We have also agreed a new ten-year lease for the Centre which will enable the Trust to renew the sub-lease with NHS Property Services for the GP surgery and negotiate a lease with Lawsat also known as Sunlight Pharmacy. This provides the Trust, security of tenure to be in a better position for contracts and funding although the lease includes bi-annual rent reviews which the Trust will have to factor in over the life of the lease plus increased repairs with an older building.

f. IT and telecoms

We replaced our landlines and telephone handsets during the period but continue with refurbished IT and mobile devices to keep within limited budgets and our ethos of sustainability with a new partnership with Computers4Charity. Our Radio Station needs funding for a major refurbishment next financial year as it is very old and unreliable.

SECTION 6 ACHIEVEMENTS AND PERFORMANCE

a. Going concern.

The charity has managed its cashflow proactively and effectively over the last 20 years to cover the running costs of a large asset based community centre packed with vital services to meet local needs. Projections for 2024/25 remain positive with a new 5 year contract to provide a community based mental health crisis service until 11pm each evening from 1 June 2024, plus 3 year funding for one of our community gardens. The appointment of a new CEO has injected fresh energy into the charity leadership to renegotiate the lease of the premises from the local authority and increase grant income for our daytime activities. The Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

b. Review of activities

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

c. Factors relevant to achieving objectives.

The overriding aim of the organisation is to reduce health and social inequality through community development and, in line with the organisational ethos, involve the community in the design, operation and delivery of activities and services delivered. The National Occupational Standards for Community Development work and related practice protocols are used to inform relevant areas of practice and delivery in line with this.

SECTION 7 FINANCIAL REVIEW

a. Reserves policy

The organisation aims to hold three months reserves in line with Charity Commission best practice but it is recognised that this is a challenging objective in the current economic climate. This amount equates to £165,000. This compares to unrestricted reserves held of £10,795, which is below the Charity’s reserves policy at this time. We have recruited a fundraiser to increase our grant income for services which are unfunded and at risk of closure. We will increase our negotiations with our suppliers to provide corporate sponsorship and are confident these measures will suitably increase the Charity’s reserves position.

b. Results for the year

The Charity has made a surplus for the year of £20,657 which has increased the net assets to £22,010, as at 31 March 2024. This is comprised of restricted funds of £11,215 and £10,795 unrestricted funds. The increased fundraising, grant and rental income this year has put the organisation on a more stable footing, with income increasing to £500,409. The Charity increased its expenditure during the period investing in staff development to £479,752 . The Charity has managed to move back into a net current asset position, of £25,691, at the Balance sheet date, compared to £9,800 in the comparative period.

c. Principal funding

The principal funding sources are income earned through premises rental, delivery of services, contracts and grants. Trading and fundraising income are limited in an area of deprivation.

SECTION 7 FUTURE PLANS

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Sunlight Development Trust Trustees' report for the year ended 31 March 2024

14

Sunlight Development Trust Trustees, ropDrt forth8 year er￿&y 31 March 2024 SECTION 9 TRUSTEES. RESPONSIBIUTIES STATEMENT The Trustees (who are also dliectors of Sunlight Development Trust Llmited for the purposes of company law) are responsible for preparing the Trustses, report and the financial statements in accordance wlth applicable law and Unlted lfjngdom Accounting Standards (Unlted Klngdom Generally Accepted Accounting Practice). Company law requlres the Trustees to prepare financial statements for each financial year. Under company law th6 Trustees must not approve the financial statements unless they are satlsfied that they give a true and fair view of the state of affairs of the charltable company and of the incoming resourc85 and appliGatlon of resources, includlng the Income and expenditure. of the charitable company for that period. In preparing these financial statements, the Trustees are requlrad to: select sultable accountlng policies and th8n apply them cOnslstsnt￿. obsepie the methods and principles in th6 Charltles SORP. make Judgments and accounting estimates that are reasonable and pru(lent. prepare the finandal statements on the ongoing concern basls unless it Is inappropriate to presume that the Gharltable company will continue in operation. The Trustees are reBpon8ible for k88ping adequate ac¢xunting records that are sufficient to show and explaln th8 ch8rltable CoMpan￿S transactions and dlsclose with reasonable aGGuracy at any time the flnanclaS position of the charitable company and enable them to ensure that the financial statements Gomply with th8 Companles Act 2006. They are al80 responsible for safeguardlng the 888ets of the charltable company and hence for taking reasonable steps for the preventlon and detection of fraud and other irregularlues. 1011212024 Thls report W8s approved by the Trustees on . and signed on thelr behalf by: K£LP ft Adam Prlce Chalr of Sunllght Development Trust 15

Sunlight Development Trust Ltd (A company limited by guarantee)

Independent examiner's report For the year ended 31 March 2024

Independent examiner's report to the Trustees of Sunlight Development Trust Ltd ('the Charity')

I report to the Charity Trustees on my examination of the financial statements of the Charity for the year ended 31 March 2024.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Responsibilities and basis of report

As the Trustees of the Charity (and its Directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's financial statements 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

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

Signed: S M Rouse

Samantha Rouse

Dated: 10 December 2024 FCCA DChA

Kreston Reeves LLP

Chartered Accountants Montague Place, Quayside Chatham Maritime, Chatham Kent, ME4 4QU

Page 16

Sunlight Development Trust Ltd

(A company limited by guarantee)

Statement of financial activities (incorporating income and expenditure account) For the year ended 31 March 2024

Note
Income from:
Donations and legacies
4
Other trading activities
5
Investments
6
Total income
Expenditure on:
Raising funds
7
Charitable activities
8
Total expenditure
Net (expenditure)/income
Transfers between funds
16
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2024
£
7,849
-
-
7,849
-
15,493
15,493
(7,644)
25
(7,619)
10,187
(7,619)
2,568		 Unrestricted
funds
2024
£
235,702
18,185
238,673
492,560
9,758
454,501
464,259
28,301
(25)
28,276
(8,834)
28,276
19,442		 Total
funds
2024
£
243,551
18,185
238,673
500,409
9,758
469,994
479,752
20,657
-
20,657
1,353
20,657
22,010		 Total
funds
2023
£
230,730
17,324
228,368
476,422
8,075
433,876
441,951
34,471
-
34,471
(33,118)
34,471
1,353

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 20 to 35 form part of these financial statements.

Page 17

Sunllght Development Trust Lld (A company Ilmlled by guarantee) Registered number: 05692427 Balance sheet As at 31 March 2024 2024 2023 Note Fixed assets Tangible 8ssets Current assets 12 2.206 2,940 Debtor5 Cash at bank and in hand 13 19,506 73.667 88,286 56,193 93.173 144,479 Credllors: amounts falllng due within one y8ar 14 {67.482) (134.679) Not current assets 24691 9,800 Creditors: amounts falling due after more than one year 15 (5,887) {11,387) Total net assels 22,010 1,353 Charlty fund5 Restricted funds Unrestricted funds 16 16 2.568 19,442 10.187 (8,834) Total funds 22,010 1,353 The Charity wa5 entllled to exemoion from audit under section 477 of th8 Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordan￿ wSth section 476 of Companies Act 2006. The Trustee5 acknowledge thelr responsibilities for Cornpl￿ng wilh the requirements of th8 Act wilh respect to accounting records and prepardtion of financial statements. Th8 financial statements have been prepared In accordance wilh the provlslons applicable to entities subject to the small companles regime. The financial statements wer8 approved and authorised for issue by the Trustees and signed on thelr behalf by: A Pr]ce Chair of Trustees Date: 1011212024 The notes on pages 20 to 35 fonn part of thes8 financial statem8nls. Page 18

Sunlight Development Trust Ltd (A company limited by guarantee)

Statement of cash flows
For the year ended 31 March 2024
Cash flows from operating activities
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 20 to 35 form part of these financial statements		 2024
£
17,474
-
-
17,474
56,193
73,667		 2023
£
26,427
(2,299)
(2,299)
24,128
32,065
56,193

Page 19

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

1. General information

Sunlight Development Trust Ltd is a company limited by guarantee with the Charity registration number 1126266 and the company registration number 05692427. The address of the registered office is The Sunlight Centre, 105 Richmond Road, Gillingham, Kent, ME7 1LX. The main objectives of the Charity are as detailed within the Trustees' report.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Sunlight Development Trust Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are presented in UK Sterling, which is the Charity's functional currency, and rounded to the nearest pound.

2.2 Going concern

The principal risk facing the Charitable Company is its ability to generate sufficient income to cover expenditure incurred in fulfilling the objectives of the Charitable Company. New funding has been secured and additional grant applications have been made.

The Trustees continue to implement a series of cost reduction and income generation measures. Activities have been rationalised.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Page 20

Sunlight Development Trust Ltd

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page 21

Sunlight Development Trust Ltd

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

2. Accounting policies (continued)

2.6 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

At each reporting date the Charity assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on the following bases:

Long-term leasehold property - over the course of the lease Other fixed assets - 10% - 25% straight line

2.7 Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.10 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.11 Operating leases

Rentals paid under operating leases are charged to the Statement of financial activities on a straight line basis over the lease term.

Page 22

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

2. Accounting policies (continued)

2.12 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

3. Critical accounting estimates and areas of judgement

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity does not currently have any significant accounting estimates or areas of judgement.

Page 23

Sunlight Development Trust Ltd

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

4. Income from donations and legacies

Restricted
funds
2024
Unrestricted
funds
2024
£
£
Donations
-
2,623
Legacies
-
-
Grants
7,849
216,337
Other income
-
16,742
7,849
235,702
Total 2023
34,884
195,846
5.
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2024
£
Fundraising income
288
Income from non charitable trading activities
Unrestricted
funds
2024
£
Cafe Counter Sales
17,897
Total 2023
17,324		 Total
funds
2024
£
2,623
-
224,186
16,742
243,551
230,730
Total
funds
2024
£
288
Total
funds
2024
£
17,897
17,324		 Total
funds
2023
£
10,308
30,000
169,146
21,276
230,730
Total
funds
2023
£
-
Total
funds
2023
£
17,324

Page 24

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

6. Investment income

Unrestricted
funds
2024
£
Rent, service charge and room hire income
238,673
Total 2023
228,368		 Total
funds
2024
£
238,673
228,368		 Total
funds
2023
£
228,368

7. Expenditure on raising funds

Fundraising trading expenses

Unrestricted
funds
2024
£
Groceries and packaging
9,758
Total 2023
8,075		 Total
funds
2024
£
9,758
8,075		 Total
funds
2023
£
8,075

8. Analysis of expenditure on charitable activities Summary by fund type

Charitable activities
Total 2023		 Restricted
funds
2024
Unrestricted
funds
2024
£
£
15,493
454,501
24,765
409,111		 Total
2024
£
469,994
433,876		 Total
2023
£
433,876

Page 25

Sunlight Development Trust Ltd

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

9. Analysis of expenditure by activities

Charitable activities
Total 2023
Analysis of direct costs
Staff costs
Insurances
Premises expenditure
Light, heat and power
Volunteer expenses
Subscriptions
Bank charges
Fundraising expenses
Travel and subsistence		 Direct
costs
2024
£
325,440
319,106		 Support
costs
2024
£
144,554
114,770		 Total
funds
2024
£
469,994
433,876
Total
funds
2024
£
247,990
10,708
40,118
17,769
3,575
2,990
277
500
1,513
325,440		 Total
funds
2023
£
433,876
Total
funds
2023
£
249,892
8,731
36,120
16,149
2,200
3,061
330
1,000
1,623
319,106

Page 26

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

9. Analysis of expenditure by activities (continued)

Analysis of support costs

Depreciation
General office expenses
Training
IT costs
Bad debts
Printing and stationery
Telephone and fax
Project rent
Accountancy fees
Independent examiner's remuneration
Professional and consultancy fees		 Total
funds
2024
£
964
48,219
5,188
7,659
-
1,034
7,488
59,622
4,266
2,189
7,925
144,554		 Total
funds
2023
£
734
43,760
2,276
7,697
885
1,162
6,214
41,371
4,197
2,562
3,912
114,770

10. Staff costs

Wages and salaries
Social security costs
Other pension costs		 2024
£
231,971
10,641
5,378
247,990		 2023
£
232,032
12,019
5,841
249,892

The average number of persons employed by the Charity during the year was as follows:

The average headcount expressed as full-time equivalents was:

2024
No.
16
2024
No.
14		 2023
No.
14
2023
No.
6

Page 27

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

10. Staff costs (continued)

No employee received remuneration amounting to more than £60,000 in either year.

The total remuneration and benefits received by key management personnel during the financial year amounted to £113,392, including employer's national insurance contributions and employer pension contributions (2023: £129,352).

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL).

12. Tangible fixed assets

Cost or valuation
At 1 April 2023
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Long-term
leasehold
property
£
72,790
72,790
72,790
-
72,790
-
-		 Other fixed
assets
£
5,181
5,181
2,241
734
2,975
2,206
2,940		 Total
£
77,971
77,971
75,031
734
75,765
2,206
2,940

Page 28

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

13. Debtors

Due within one year
Trade debtors
Prepayments and accrued income		 2024
£
13,628
5,878
19,506		 2023
£
80,299
7,987
88,286

14. Creditors: Amounts falling due within one year

Other loans
Trade creditors
Other taxation and social security
Pension creditor
Other creditors
Accruals and deferred income
Deferred income at 1 April 2023
Resources deferred during the year
Amounts released from previous periods		 2024
£
6,000
9,310
5,064
1,295
2,000
43,813
67,482
2024
£
91,724
28,070
(91,724)
28,070		 2023
£
16,000
7,547
3,249
819
6,582
100,482
134,679
2023
£
-
91,724
-
91,724

15. Creditors: Amounts falling due after more than one year

2024 2023
£ £
Other loans 5,887 11,387

Page 29

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

16. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds
Restricted funds
18-25 Shed Project - Kent &
Medway Suicide Prevention
Programme
Awards for All-Sunlight
Community Café
Chatham Maritime Trust - Café
Hypertension Heros
KCF Elderly & Isolated
Dementia Café
KCF - Known Organisations
KCF - Home & Community
Composting - Vulnerable
Adults
Porchlight - Anger
Management
Total of funds		 Balance at 1
April 2023
£
(8,834)
1,258
3,168
248
-
-
5,143
-
370
10,187
1,353		 Income
£
492,560
-
-
-
1,600
3,000
-
3,249
-
7,849
500,409		 Expenditure
£
(464,259)
(1,258)
(3,168)
(248)
(1,600)
(432)
(5,143)
(3,274)
(370)
(15,493)
(479,752)		 Transfers
in/out
£
(25)
-
-
-
-
-
-
25
-
25
-		 Balance at
31 March
2024
£
19,442
-
-
-
-
2,568
-
-
-
2,568
22,010

Page 30

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

16. Statement of funds (continued)

Purpose of restricted funds

18-25 Shed Project - Kent & Medway Suicide Prevention Programme

Medway Men in Sheds is a mental wellbeing service for men commissioned by Medway Council Public Health. Historically it has targeted men 25+ not in work and retirees. This grant from Kent & Medway Suicide Prevention allowed us to pilot a Sheds programme specifically for men aged 18-25. The pilot was a success, and this cohort are now included in the larger Medway Men in Sheds project.

Awards For All – Sunlight Community Café

Café Sunlight is the heart of the Sunlight Centre. It serves as both as a community café, and a volunteering opportunity for residents, catering students and people of mixed ability. The grant contributed to the cost of its management, including but not limited to training, day-to-day cash management and utilities, for a full twelve months.

Chatham Maritime Trust – Café

This funding enabled us to purchase new kitchen essentials and have our existing equipment serviced and deep-cleaned.

Hypertension Heroes

This grant enabled us to reach people who wouldn’t normally get their blood pressure checked, ensuring they understand why healthy blood pressure is important, feel confident in taking their own blood pressure readings going forward and are empowered to make changes to their lives to manage their blood pressure.

KCF – Elderly & Isolated Dementia Café

This funding has enabled us to continue with our hugely popular Sunlight Dementias Support Café for people who either live with or care for someone with dementia. The program offers community-based social activities including armchair exercises and crafts, with plenty of time for refreshments, a friendly chat with the group and a joyful singalong.

KCF - Known Organisations

Our Café continues to provide a valuable service to our community, plus volunteering opportunities for local people and students. The grant enables us to maintain the service by meeting some of its core costs. The panel kindly allocated further funds mid-year to ensure that we can continue to provide support for the community.

KCF – Home & Community Composting – Vulnerable Adults

The Trust sought funds to facilitate a series of workshops that would introduce community members to the joys of gardening and in particular, composting. The programme includes introduction to growing foods and the need for composting and explored different types of composting projects such as traditional, cedar wood boxes and worm composting, both at home and in the garden. The grant covers the cost of materials, facilitation, training and volunteer expenses.

Porchlight - Anger Management

Porchlight commissioned Sunlight to successfully deliver an eight-week Anger Management course for their beneficiaries.

Page 31

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

16. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds
Restricted funds
ABM Champions Funding
18-25 Shed Project - Kent & Medway Suicide
Prevention Programme
Awards for All-Sunlight Community Café
Chatham Maritime Trust - Café
Hypertension Heros
KCF Elderly & Isolated Dementia Café
KCF - Known Organisations
KCF - Home & Community Composting -
Vulnerable Adults
Porchlight - Anger Management
Ward Funds - Refurbishment of Mobile Radio
Unit
Ward Funds for Purchase Stackable
Conference Chairs
Total of funds		 Balance at
1 April
2022
£
(33,186)
68
-
-
-
-
-
-
-
-
-
-
68
(33,118)		 Income
£
441,538
-
6,600
7,484
2,407
40
5,689
5,183
3,913
1,528
600
1,440
34,884
476,422		 Expenditure
£
(417,186)
(68)
(5,342)
(4,316)
(2,159)
(40)
(5,689)
(40)
(3,913)
(1,158)
(600)
(1,440)
(24,765)
(441,951)		 Balance at
31 March
2023
£
(8,834)
-
1,258
3,168
248
-
-
5,143
-
370
-
-
10,187
1,353

Page 32

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

17. Summary of funds

Summary of funds - current year

General funds
Restricted funds		 Balance at
1 April
2023
£
(8,834)
10,187
1,353		 Income
£
492,560
7,849
500,409
Balance at
1 April
2022
£
(33,186)
68
(33,118)		 Expenditure
£
(464,259)
(15,493)
(479,752)
Income
£
441,538
34,884
476,422		 Transfers
in/out
£
(25)
25
-
Expenditure
£
(417,186)
(24,765)
(441,951)		 Balance at
31 March
2024
£
19,442
2,568
22,010
Balance at
31 March
2023
£
(8,834)
10,187
1,353
Summary of funds - prior year
General funds
Restricted funds

18. Analysis of net assets between funds

Analysis of net assets between funds - current period

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Restricted
funds
2024
Unrestricted
funds
2024
£
£
-
2,206
2,568
90,605
-
(67,482)
-
(5,887)
2,568
19,442		 Total
funds
2024
£
2,206
93,173
(67,482)
(5,887)
22,010

Page 33

Sunlight Development Trust Ltd (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

18. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Restricted
funds
2023
£
-
28,064
(17,877)
-
10,187		 Unrestricted
funds
2023
£
2,940
116,415
(116,802)
(11,387)
(8,834)		 Total
funds
2023
£
2,940
144,479
(134,679)
(11,387)
1,353
19.
Reconciliation of net movement in funds to net cash flow from operating activities
2024
£
Net income for the period (as per Statement of Financial Activities)
20,657
Adjustments for:
Depreciation charges
734
Decrease/(increase) in debtors
68,780
Increase/(decrease) in creditors
(72,697)
Net cash provided by operating activities
17,474
20.
Analysis of cash and cash equivalents
2024
£
Cash in hand
73,667
Total cash and cash equivalents
73,667		 2023
£
34,471
734
(67,541)
58,763
26,427
2023
£
56,193
56,193

Page 34

Sunlight Development Trust Ltd

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2024

21. Analysis of changes in net debt

Cash at bank and in hand
Debt due within 1 year
Debt due after 1 year		 At 1 April
2023
£
56,193
(16,819)
(11,387)
27,987		 Cash flows
£
17,474
9,524
5,500
32,498		 At 31 March
2024
£
73,667
(7,295)
(5,887)
60,485

22. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held seperately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £5,378 (2023: £5,841). Contributions totalling £1,295 (2023: £819) were payable to the fund at the balance sheet date and are included in creditors.

23. Operating lease commitments

At 31 March 2024 the Charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years		 2024
£
26,333
158,166
213,251
397,750		 2023
£
23,150
139,116
259,584
421,850

24. Related party transactions

There are no other related party transactions requiring disclosure within the financial statements (2023: £Nil), and there are no balances outstanding with any related parties at the Balance sheet date (2023: £Nil).

Page 35