REGISTERED COMPANY NUMBER: 06666862 (England and Wales) REGISTERED CHARITY NUMBER: 1127877
Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Light of the World Community Centre Limited
Light of the World Community Centre Limited
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Trustees' Report | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
Light of the World Community Centre Limited
Reference and Administrative Details for the Year Ended 31 March 2025
TRUSTEES
Rev S C Sangster Pastor K A Trought Plater Welder
REGISTERED OFFICE
Gaythorne Road West Bowling Bradford West Yorkshire BD5 7ES
REGISTERED COMPANY NUMBER 06666862 (England and Wales)
REGISTERED CHARITY NUMBER 1127877
INDEPENDENT EXAMINER
KJA Kilner Johnson Ltd Woodland House Woodland Park Bradford Road Cleckheaton BD19 6BW
CHIEF EXECUTIVE OFFICER
Rev S C Sangster
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Light of the World Community Centre Limited
Trustees' Report for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
The Charity's objectives are:-
To advance education and promote community cohesion and development for the benefit of the public within the area of West Bowling, in the city of Bradford and elsewhere.
To promote the education of people of all ages, including the provision of nursery care of infants to facilitate the education and alleviation of the social and economic deprivation of their parents.
To promote general charitable purposes for the benefit of people resident in Bradford and more widely, and in particular to provide opportunities for those who live in the area to participate fully in the life of their community in ways that promote community cohesion and address and alleviate social and economic disadvantage.
ACHIEVEMENTS AND PERFORMANCE
The community centre continues with its work in supporting and enhancing the lives of people and families in this culturally adverse area of West Bowling/Little Horton through the services that it provides.
The community centre continues to be an anchor in the lives and the development of the local district wide communities through its well thought out and current services which are:
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Nursery/childcare for infants aged 0-5 years.
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After school and holiday care for children aged 5-13 years.
-Youth Club.
-Homework Club.
-ESOL, (including CV writing and Job search).
-Short Break - for children with disabilities and special needs. This project is run every school holiday for children aged 5-13 years and provides 1 day free childcare for the children who attends.
-Feed the Hungry. This project is in demand as the current economic climate worsens. It provides hot meals and a food parcel for over 100 hungry and homeless people every week, and is run by a team of dedicated volunteers.
-The main hall that can accommodate over 100 people is hired out to assist in raising much needed funds for the charity.
-The charity continues to work in partnership with other group and organisations to maxmise the reach of support for the communities.
FINANCIAL REVIEW
The Charity made a deficit on its unrestricted funds of £34,720 (2024: £15,185) for the year.
The unrestricted reserves currently stand at a surplus of £14,784 (2024: £49,504)
In accordance with the Memorandum and Articles of Association the charity has the power to make any investment which the trustees see fit. The trustees currently invest the funds of the charity with Barclays Bank, utilising both current and deposit accounts.
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Light of the World Community Centre
Limited
Trustees' Report for the Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is a company limited by guarantee and is controlled by its Memorandum and Articles of Association.
The Trustees, who are also the directors for the purpose of company law, and who served during the year were:
E A Smith Rev S C Sangster K A Trought
All trustees are appointed on a voluntary basis and do not receive any remuneration for their time. All expenses reimbursed to trustees are disclosed in the accounts.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The charity is controlled on a day to day basis by Reverend S C Sangster and is supervised by Anne Nelson as project manager, with all decision making being undertaken by the board of trustees.
The charity operates from the ground floor of a building owned by Light of the World Gospel Hall Community Church, registered charity number 701987.
An agreement is in place for the Community Centre to make an annual payment of £30,000 to the church to cover costs of rent, heat, light and other administrative costs incurred.
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..............................................................................
Rev S C Sangster - Trustee
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Independent Examiner's Report to the Trustees of Light of the World Community Centre Limited
Independent examiner's report to the trustees of Light of the World Community Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors 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 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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts 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 accounts 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.
S Hutton
KJA Kilner Johnson Ltd Woodland House Woodland Park Bradford Road Cleckheaton BD19 6BW
Date: .............................................
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Light of the World Community Centre Limited
Statement of Financial Activities for the Year Ended 31 March 2025
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 12,271 - Charitable activities 4 Charitable Activity 275,314 11,918 Investment income 3 2,527 1 Total 290,112 11,919 EXPENDITURE ON Charitable activities Charitable Activity 324,832 2,670 NET INCOME/(EXPENDITURE) (34,720) 9,249 RECONCILIATION OF FUNDS Total funds brought forward 49,504 9,094 TOTAL FUNDS CARRIED FORWARD 14,784 18,343 |
2025 Total funds £ 12,271 287,232 2,528 302,031 327,502 (25,471) 58,598 33,127 |
2024 Total funds £ 14,944 284,199 1 299,144 339,659 (40,515) 99,113 58,598 |
|---|---|---|
The notes form part of these financial statements
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Light of the World Community Centre Limited
Balance Sheet 31 March 2025
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 8 8,145 - CURRENT ASSETS Debtors 9 424 - Cash at bank and in hand 96,531 18,343 96,955 18,343 CREDITORS Amounts falling due within one year 10 (17,569) - NET CURRENT ASSETS 79,386 18,343 TOTAL ASSETS LESS CURRENT LIABILITIES 87,531 18,343 CREDITORS Amounts falling due after more than one year 11 (72,747) - NET ASSETS 14,784 18,343 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 Total funds £ 8,145 424 114,874 115,298 (17,569) 97,729 105,874 (72,747) 33,127 14,784 18,343 33,127 |
2024 Total funds £ 10,858 425 191,092 191,517 (13,528) 177,989 188,847 (130,249) 58,598 49,504 9,094 58,598 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Rev S C Sangster - Trustee
The notes form part of these financial statements
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Light of the World Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance Motor vehicles - 25% reducing balance Computer equipment - straight line over 3 years
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
| 2025 | 2024 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Donations | 12,271 | - | 12,271 | 14,944 |
continued...
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Light of the World Community Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
3. INVESTMENT INCOME
| 2025 Unrestricted Restricted Total funds funds funds £ £ £ Deposit account interest 2,527 1 2,528 4. INCOME FROM CHARITABLE ACTIVITIES 2025 Charitable Activity £ Primary purpose trading 172,111 Rental income - Grants 115,121 287,232 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2025 £ Depreciation - owned assets 2,713 |
2024 Total funds £ 1 2024 Total activities £ 172,029 2,720 109,450 284,199 2024 £ 3,641 |
|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
7. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Administration Nursery Care Club Other |
2025 £ 224,834 3,376 228,210 2025 1 8 4 1 14 |
2024 £ 230,270 1,784 232,054 2024 1 8 4 1 14 |
|---|---|---|
No employees received emoluments in excess of £60,000.
continued...
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Light of the World Community Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
8. TANGIBLE FIXED ASSETS
| Fixtures and Motor Computer fittings vehicles equipment £ £ £ COST At 1 April 2024 and 31 March 2025 49,655 33,777 19,649 DEPRECIATION At 1 April 2024 38,856 33,718 19,649 Charge for year 2,699 14 - At 31 March 2025 41,555 33,732 19,649 NET BOOK VALUE At 31 March 2025 8,100 45 - At 31 March 2024 10,799 59 - 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Prepayments 424 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Social security and other taxes 13,606 Other creditors 1,483 Accruals and deferred income 2,480 17,569 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 £ Amounts owed to group undertakings 72,747 12. MOVEMENT IN FUNDS Net movement At 1.4.24 in funds £ £ Unrestricted funds General fund 14,504 (34,720) Match funding 10,000 - Development of nursery 25,000 - 49,504 (34,720) Restricted funds Bradford Council - Wellbeing 5,000 10,649 National Lottery - ESOL 4,094 (1,400) 9,094 9,249 TOTAL FUNDS 58,598 (25,471) |
Totals £ 103,081 92,223 2,713 94,936 8,145 10,858 2024 £ 425 2024 £ 8,146 2,405 2,977 13,528 2024 £ 130,249 At 31.3.25 £ (20,216) 10,000 25,000 14,784 15,649 2,694 18,343 33,127 |
|---|---|
continued...
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Light of the World Community Centre
Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Bradford Council - Wellbeing National Lottery - ESOL TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Match funding Development of nursery Restricted funds Bradford Council - Wellbeing Bramall Foundation - Short break National Lottery - ESOL Persimmon Homes - Care club Sir George Martin Trust - Nursery VCS Alliance - SEN support TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 290,112 (324,832) (34,720) 11,919 (1,270) 10,649 - (1,400) (1,400) 11,919 (2,670) 9,249 302,031 (327,502) (25,471) Net movement At At 1.4.23 in funds 31.3.24 £ £ £ 29,689 (15,185) 14,504 10,000 - 10,000 25,000 - 25,000 64,689 (15,185) 49,504 17,330 (12,330) 5,000 3,000 (3,000) - 5,844 (1,750) 4,094 5,000 (5,000) - 2,500 (2,500) - 750 (750) - 34,424 (25,330) 9,094 99,113 (40,515) 58,598 |
|---|---|
continued...
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Light of the World Community Centre
Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Bradford Council - Wellbeing Bramall Foundation - Short break National Lottery - ESOL Persimmon Homes - Care club Sir George Martin Trust - Nursery VCS Alliance - SEN support TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 287,990 (303,175) (15,185) 11,154 (23,484) (12,330) - (3,000) (3,000) - (1,750) (1,750) - (5,000) (5,000) - (2,500) (2,500) - (750) (750) 11,154 (36,484) (25,330) 299,144 (339,659) (40,515) |
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13. RELATED PARTY DISCLOSURES
The company was charged £30,000 (2024: £30,000) from Light Of The World Gospel Hall Community Church for use of it's premises.
The company received a grant of £80,000 (2024: £100,000) from Light Of The World Gospel Hall Community Church.
At the balance sheet date the amount due to Light Of The World Gospel Hall Community Church was £72,747 (2024: £130,249).
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Light of the World Community Centre Limited
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Deposit account interest Charitable activities Primary purpose trading Rental income Grants Total incoming resources EXPENDITURE Charitable activities Wages Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Motor expenses Nursery and other expenses Rent Computer expenses Cleaning Recruitment expenses Accountancy Staff training Fixtures and fittings Motor vehicles Support costs Management Repairs and maintenance Finance Bank charges Total resources expended Net expenditure |
2025 £ 12,271 2,528 172,111 - 115,121 287,232 302,031 224,834 3,376 1,180 1,698 25,263 3,785 - - 10,985 - 9,672 30,000 2,128 220 - 3,939 360 2,700 15 320,155 6,319 1,028 327,502 (25,471) |
2024 £ 14,944 1 172,029 2,720 109,450 284,199 299,144 230,270 1,784 874 1,678 22,522 4,363 403 300 1,233 1,970 27,949 30,000 1,586 364 628 4,253 360 3,621 20 334,178 4,061 1,420 339,659 (40,515) |
|---|---|---|
This page does not form part of the statutory financial statements
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