2022-01-31-accounts - Light Education Development

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Trustees’ Annual Report for the period

From 1[st] February 2021 To 31[st] January 2022 Charity name: LIGHT EDUCATION DEVELOPMENT

Charity registration number: 1141243 Companies House Registration number: 6468130

Objectives and Activities

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SORP reference
Summary of the purposes Para 1.17 The principal object of the charity is to
of the charity as set out promote sustainable development for
in its governing the benefit of the public in Peru, Nepal
document and elsewhere in the world.
Summary of the main Para 1.17 and The aim of the charity is to provide
1.19
activities in relation to low-tech solutions to 3 basic needs;
those purposes for the cheap affordable lighting, basic
public benefit, in education and healthcare leading to
particular, the activities, economic development for the poorest
projects or services people in the mountainous regions of
identified in the Nepal and Peru.
accounts.
Statement confirming Para 1.18 The Trustees confirm that they have
whether the trustees complied with their duty to have due
have had regard to the regard to the commission’s public
guidance issued by the benefit guidance when exercising any
Charity Commission on powers or duties to which the guidance
public benefit is relevant.
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Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference

		SORP reference
	Contribution made by volunteers	Para 1.38	The charity has no paid employees, so all of its activities are performed by self-funded volunteers

Achievements and Performance

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SORP reference
In both Nepal and Peru, our activities
during this financial year were severely
and adversely affected by the
Summary of the main
Para 1.20 worldwide outbreak of COVID-19 which
achievements of the
prevented many of our planned
charity, identifying the
difference the charity’s activities being implemented. Being
work has made to the unable to organise treks to deliver
circumstances of its lights and medical and school supplies,
beneficiaries and any we were reliant on our local partners to
wider benefits to society
perform these activities.
as a whole.
Because of Covid, normal access to
many remote areas was not possible
with the result that there was a severe
shortage of food. We therefore devoted
much of our funding to try to supply
food supplies to the communities
which we support.
In Peru:
 We continued to keep the
Quishuar health post open and
stocked with the help of our
nurse, and provided transport of
all medicines to the area.
In Nepal
 We funded food distribution to the
following villages and regions:
Samdo, Tilj, Langtang, Rasuwa,
Solu, in various villages of Rasuwa,
and in Khumbu.
 We supported a reforestation
project in the Langtang area
through Ang Rita of The Partners
Nepal
 We continued to help the Bung old
people’s home.
 We completed the solar light
distribution project for Tsum and
Manaslu area funded by the
donation from The Derek Moore
Foundation
 Delivered medical supplies for
health posts and completed a much
needed health survey in cognitive
development of children in areas of
food shortages for a medical project
in Tsum and Manaslu area.
 Help for communication / online
classes in Khumbu area enabling
school students to continue their
education during COVID
 Medical supplies to health posts in
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Khumbu area via Himalayan Trust  We continued to fund a teacher in Thame

Financial Review

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Review of the charity’s Para 1.21 The charity has sufficient funds in the
financial position at the bank which together with anticipated
end of the period donation income to achieve our plans
for the coming financial year.
Statement explaining the Para 1.22
policy for holding
reserves stating why they
are held
Amount of reserves held Para 1.22 Zero
Reasons for holding zero Para 1.22 Activities are based on the funds
reserves available, so it is not the intent to
retain reserves.
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
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Additional information

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Our main sources of funds are from our
annual fundraising walk, donations
The charity’s principal from individuals who have been on our
sources of funds Para 1.47 treks, two charitable foundations and
(including any two Rotary Clubs.
fundraising)
Funds are kept in an interest bearing
bank account.
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
The Trustees have assessed the major
risks to which the company is exposed,
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	A description of the principal risks facing the charity	Para 1.46	in particular those related to the operations and fnances of the company, and are satisfed that systems and procedures are in place to mitigate our exposure to the major risks. We carry Public & Products Liability and Employers Liability, and Professional Liability & Management Liability insurance.

Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Memorandum and Articles of
document Association
(trust deed, royal
charter)
How is the charity Para 1.25 The company is registered as a
constituted? charitable company limited by
(e.g unincorporated guarantee (company number
association, CIO) 6468130). The company is constituted
under the Companies Act 2006 and is a
registered charity number 1141243.
Trustee selection Para 1.25 The management of the company is
methods including details the responsibility of the Trustees who
of any constitutional are elected and co-opted under the
provisions e.g. election to terms of the Memorandum and Articles
post or name of any of Association of the company.
person or body entitled
to appoint one or more
trustees
Additional information
On appointment, the Trustees are
provided with a copy of the
Policies and procedures Memorandum and Articles of
adopted for the induction Para 1.51 Association and a copy of the Charity
and training of trustees Commission’s guidance “The Essential
Trustee: What You Need To Know”.
They are then thoroughly briefed on
the aims and activities of the charity.
The activities of the charity are
managed by the trustees. There are at
The charity’s least 2 formal annual meetings
organisational structure Para 1.51 together with contact as required
and any wider network between the trustees and those
with which the charity performing the operations in the field.
works
None
Relationship with any Para 1.51
related parties
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Reference and Administrative details

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Charity name LIGHT EDUCATION DEVELOPMENT
Other name the charity LED
uses
Registered charity 11412333343
number
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Charity’s principal 29 Asmuns Hill
address London
NW11 6ES
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Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
G J Buchan Company
1
Secretary
2 S Cocker
3 P L Dover
4 M Loosemore
5 M J Smith
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for whole
year
N/A
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Funds held as custodian trustees on behalf of others Description of the assets N/A held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Exemptions from disclosure

Reason for non-disclosure of key personnel details N/A

Other optional information

N/A

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Gwendoline Joan Buchan

Position (eg Director and Company Secretary, Chair, etc) Secretary

Date 11 October 2022

Light Education Development Charity No 1141243 Company No 6468130 Annual accounts for the period Period start date Feb 1, 21 To Period end date [Jan 31, 22]

Section A Statement of financial activities (including summary income and expenditure account)

Recommended categories by activity Guidance Note Total funds £ £ £ £ £ Income (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,633 - - 31,633 20,387 Charitable activities S02 - - - - - Other trading activities S03 - - - - - Investments S04 1 - - 1 13 Separate material item of income S05 - - - - - Other S06 - - - - - *Total* S07 31,634 - - 31,634 20,400 Expenditure (Notes 6) Expenditure on: Raising funds S08 - - - - - Charitable activities S09 17,584 - - 17,584 29,391 Separate material expense item S10 Other S11 - - - - - *Total* S12 17,584 - - 17,584 29,391 S13 14,050 - - 14,050 - 8,991 Tax payable S14 - - - - - S15 14,050 - - 14,050 - 8,991 Net gains/(losses) on investments S16 - - - - - Net income/(expenditure) S17 14,050 - - 14,050 - 8,991 Extraordinary items S18 - - - - Transfers between funds S19 - - - - - S20 - - - - - Other gains/(losses) S21 - - - - - *Net movement in funds* S22 14,050 - - 14,050 - 8,991 Total funds brought forward S23 4,837 - - 4,837 13,828 *Total funds carried forward* S24 18,887 - - 18,887 4,837 Unrestricted funds Restricted income funds Endowment funds Prior year funds Net income/(expenditure) before tax for the reporting period Net income/(expenditure) after tax before investment gains/(losses) Other recognised gains/(losses): Gains and losses on revaluation of fxed assets for the charity’s own use *Reconciliation of* *funds:*	Recommended categories by activity Guidance Note Total funds £ £ £ £ £ Income (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,633 - - 31,633 20,387 Charitable activities S02 - - - - - Other trading activities S03 - - - - - Investments S04 1 - - 1 13 Separate material item of income S05 - - - - - Other S06 - - - - - *Total* S07 31,634 - - 31,634 20,400 Expenditure (Notes 6) Expenditure on: Raising funds S08 - - - - - Charitable activities S09 17,584 - - 17,584 29,391 Separate material expense item S10 Other S11 - - - - - *Total* S12 17,584 - - 17,584 29,391 S13 14,050 - - 14,050 - 8,991 Tax payable S14 - - - - - S15 14,050 - - 14,050 - 8,991 Net gains/(losses) on investments S16 - - - - - Net income/(expenditure) S17 14,050 - - 14,050 - 8,991 Extraordinary items S18 - - - - Transfers between funds S19 - - - - - S20 - - - - - Other gains/(losses) S21 - - - - - *Net movement in funds* S22 14,050 - - 14,050 - 8,991 Total funds brought forward S23 4,837 - - 4,837 13,828 *Total funds carried forward* S24 18,887 - - 18,887 4,837 Unrestricted funds Restricted income funds Endowment funds Prior year funds Net income/(expenditure) before tax for the reporting period Net income/(expenditure) after tax before investment gains/(losses) Other recognised gains/(losses): Gains and losses on revaluation of fxed assets for the charity’s own use *Reconciliation of* *funds:*	Recommended categories by activity Guidance Note Total funds £ £ £ £ £ Income (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,633 - - 31,633 20,387 Charitable activities S02 - - - - - Other trading activities S03 - - - - - Investments S04 1 - - 1 13 Separate material item of income S05 - - - - - Other S06 - - - - - *Total* S07 31,634 - - 31,634 20,400 Expenditure (Notes 6) Expenditure on: Raising funds S08 - - - - - Charitable activities S09 17,584 - - 17,584 29,391 Separate material expense item S10 Other S11 - - - - - *Total* S12 17,584 - - 17,584 29,391 S13 14,050 - - 14,050 - 8,991 Tax payable S14 - - - - - S15 14,050 - - 14,050 - 8,991 Net gains/(losses) on investments S16 - - - - - Net income/(expenditure) S17 14,050 - - 14,050 - 8,991 Extraordinary items S18 - - - - Transfers between funds S19 - - - - - S20 - - - - - Other gains/(losses) S21 - - - - - *Net movement in funds* S22 14,050 - - 14,050 - 8,991 Total funds brought forward S23 4,837 - - 4,837 13,828 *Total funds carried forward* S24 18,887 - - 18,887 4,837 Unrestricted funds Restricted income funds Endowment funds Prior year funds Net income/(expenditure) before tax for the reporting period Net income/(expenditure) after tax before investment gains/(losses) Other recognised gains/(losses): Gains and losses on revaluation of fxed assets for the charity’s own use *Reconciliation of* *funds:*	Recommended categories by activity Guidance Note Total funds £ £ £ £ £ Income (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,633 - - 31,633 20,387 Charitable activities S02 - - - - - Other trading activities S03 - - - - - Investments S04 1 - - 1 13 Separate material item of income S05 - - - - - Other S06 - - - - - *Total* S07 31,634 - - 31,634 20,400 Expenditure (Notes 6) Expenditure on: Raising funds S08 - - - - - Charitable activities S09 17,584 - - 17,584 29,391 Separate material expense item S10 Other S11 - - - - - *Total* S12 17,584 - - 17,584 29,391 S13 14,050 - - 14,050 - 8,991 Tax payable S14 - - - - - S15 14,050 - - 14,050 - 8,991 Net gains/(losses) on investments S16 - - - - - Net income/(expenditure) S17 14,050 - - 14,050 - 8,991 Extraordinary items S18 - - - - Transfers between funds S19 - - - - - S20 - - - - - Other gains/(losses) S21 - - - - - *Net movement in funds* S22 14,050 - - 14,050 - 8,991 Total funds brought forward S23 4,837 - - 4,837 13,828 *Total funds carried forward* S24 18,887 - - 18,887 4,837 Unrestricted funds Restricted income funds Endowment funds Prior year funds Net income/(expenditure) before tax for the reporting period Net income/(expenditure) after tax before investment gains/(losses) Other recognised gains/(losses): Gains and losses on revaluation of fxed assets for the charity’s own use *Reconciliation of* *funds:*	Recommended categories by activity Guidance Note Total funds £ £ £ £ £ Income (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,633 - - 31,633 20,387 Charitable activities S02 - - - - - Other trading activities S03 - - - - - Investments S04 1 - - 1 13 Separate material item of income S05 - - - - - Other S06 - - - - - *Total* S07 31,634 - - 31,634 20,400 Expenditure (Notes 6) Expenditure on: Raising funds S08 - - - - - Charitable activities S09 17,584 - - 17,584 29,391 Separate material expense item S10 Other S11 - - - - - *Total* S12 17,584 - - 17,584 29,391 S13 14,050 - - 14,050 - 8,991 Tax payable S14 - - - - - S15 14,050 - - 14,050 - 8,991 Net gains/(losses) on investments S16 - - - - - Net income/(expenditure) S17 14,050 - - 14,050 - 8,991 Extraordinary items S18 - - - - Transfers between funds S19 - - - - - S20 - - - - - Other gains/(losses) S21 - - - - - *Net movement in funds* S22 14,050 - - 14,050 - 8,991 Total funds brought forward S23 4,837 - - 4,837 13,828 *Total funds carried forward* S24 18,887 - - 18,887 4,837 Unrestricted funds Restricted income funds Endowment funds Prior year funds Net income/(expenditure) before tax for the reporting period Net income/(expenditure) after tax before investment gains/(losses) Other recognised gains/(losses): Gains and losses on revaluation of fxed assets for the charity’s own use *Reconciliation of* *funds:*
-	-	-	-	-
-	-	-	-	-
14,050	-	-	14,050	- 8,991

4,837	-	-	4,837	13,828
18,887	-	-	18,887	4,837

Light Education Development

Charity No Company No

Section B Balance sheet

Section B Balance sheet	Section B Balance sheet	Section B Balance sheet	Section B Balance sheet
Guidance Note £ £ £ Fixed assets F01 F02 F03 Intangible assets (Note 15) B01 - - - Tangible assets (Note 14) B02 - - - Heritage assets (Note 16) B03 - - - Investments (Note 17) B04 - - - *Total fxed assets* B05 - - - Current assets Stocks (Note 18) B06 - - - Debtors (Note 19) B07 - - - Investments (Note 17.4) B08 - - - Cash at bank and in hand (Note 24) B09 18,887 - - *Total current assets* B10 18,887 - - B11 - - - *Net current assets/(liabilities)* B12 18,887 - - *Total assets less current liabilities* B13 18,887 -- B14 - - - Provisions for liabilities B15 - - - *Total net assets or liabilities* B16 18,887 - - Funds of the Charity Endowment funds (Note 27) B17 - B18 - Unrestricted funds B19 18,887 - Revaluation reserve B20 Fair value reserve B21 *Total funds* B22 18,887 - - Unrestricted funds Restricted income funds Endowment funds Creditors: amounts falling due within one year (Note 20) Creditors: amounts falling due after one year (Note 20) Restricted income funds (Note 27)
	18,887	-	-

The company was entitled to exemption from audit under s477 of the Companies small companies.

The members have not required the company to obtain an audit in accordance w Companies Act 2006.

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The directors acknowledge their responsibilities for complying with the requirem Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the trustees/directors

Signature of director authenticating accounts being sent to Companies House

Print Name Peter Dover Signature Peter Dover

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1141243 6468130

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Total this Total last
year year
£ £
F04 F05
- -
- -
- -
- -
- -
- -
- -
- -
18,887 4,837
18,887 4,837
- -
18,887 4,837
18,887 4,837
- -
- -
18,887 4,837
- -
- -
18,887 4,837
-
18,887 4,837
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s Act 2006 relating to

with section 476 of the

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ments of the Companies

e to small companies

Date of approval dd/mm/yyyy 08/27/2022 Date dd/mm/yyyy 08/27/2022 Print name

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Section C Notes to the ac

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost c value unless otherwise stated in the relevant note(s) to these a

The accounts have been prepared in accordance with:

the Statement of Recommended P • and with ü preparing their accounts in accorda in the UK and Republic of Ireland (F • and with ü the Financial Reporting Standard ap Ireland (FRS 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or c charity's ability to continue as a going concern, please p applicable", if appropriate:

An explanation as to those factors that support Not Applicab the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the Not Applicab going concern assumption doubtful;

Where accounts are not prepared on a going Not Applicab concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have note { }.

Yes ü * -Tick as appropriate No

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Please disclose:

(i) the nature of the change in accounting policy;

(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and

(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the repo

Yes ü * -Tick as appropriate No

Please disclose:

(i) the nature of any changes;

(ii) the effect of the change on income and expense or assets and liabilities for the current period; and

(iii) where practicable, the effect of the change in one or more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reportin Yes ü * -Tick as appropriate No

Please disclose:

(i) the nature of the prior period error;

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(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and

(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

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ccounts

convention with items recognised at cost or transaction accounts.

ractice: Accounting and Reporting by Charities ance with the Financial Reporting Standard applicable FRS 102) issued on 16 July 2014

pplicable in the United Kingdom and Republic of

conditions that cast significant doubt on the provide the following details or state "Not

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le
le
le
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e been made to the accounting policies adopted in

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rting period (3.46 FRS102 SORP).

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Not applicable
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ng period (3.47 FRS102 SORP).

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Not Applicable
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CC17a IExcell li 1111612022

Section C Notes to

Note 2 Accounting policies

This standard list of accounting policies has been applie different or additional policy has been adopted then this

2.1 RECONCILIATION WITH PREVIOUS GE PRACTICE

Please provide a description of the nature of each change N/A in accounting policy

Reconciliation of funds per previous GAAP to funds dete

Start of End of period period £ £ Fund balances as previously stated Adjustments: Fund balance as restated Reconciliation of net income/(net expenditure) per previ FRS 102 End of period £ Net income/(expenditure) as previously stated Adjustments: Previous period net income/(expenditure) as restated

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the accounts (cont)

ed by the charity except for those deleted. Where a s is detailed in the box below.

ENERALLY ACCEPTED ACCOUNTING

ermined under FRS 102

ious GAAP to net income/(net expenditure) under

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Section C

Note 2	Accounting policies
2.2 INCOME
Recognition of income	These are included in the Stat
	· the charity becomes ent
	· it is more likely than not
	· the monetary value can
Ofsetting	There has been no ofsetting o required or permitted by the F
Grants and donations	Grants and donations are only criteria are met (5.10 to 5.12
	In the case of performance re
	that the charity has provided t
	only occurs when the perform
	Legacies are included in the S
Legacies	grant of probate, the executor estate and any conditions atta
	charity or have been met.
Government grants	The charity has received gove
	Gift Aid receivable is included
Tax reclaims on	Any Gift Aid amount recovered
donations and gifts	treated as an addition to the s
	terms of the appeal have spec
Contractual income and	This is only included in the So
performance related	services or met the performan
grants
Donated goods	Donated goods are measured exchanged) unless impractica
	The cost of any stock of goods
	the fair value of those gifts at
	receipt. In the reporting perio
	as an expense at the carrying
	Donated goods for resale are
	expected proceeds from sale l
	from other trading activities' w

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from other trading activities' w sheet. On its sale the value o activities' and the proceeds fr activities'. Goods donated for on-going u and included in the SoFA as in Gifts in kind for use by the cha when receivable.

Donated services and Donated services and facilities facilities gift to the charity provided the Donated services and facilities with an equivalent amount rec the SOFA. Support costs The charity has incurred expe The value of any voluntary he Volunteer help in the trustees’ annual report. Income from interest, This is included in the account royalties and dividends be measured reliably. Income from membership Membership subscriptions rec subscriptions Legacies. Membership subscriptions wh benefits are recognised as inc income from charitable activit Insurance claims are only incl Settlement of insurance criteria are met (5.10 to 5.12 claims in the SoFA. This includes any realised or u Investment gains and any gain or loss resulting from losses year. 2.3 EXPENDITURE AND LIABILITIES Liabilities are recognised whe constructive obligation comm Liability recognition the obligation can be measure Governance and support Support costs have been alloc costs Governance costs comprise al compliance with regulation an

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	Support costs include central
	categories on a basis consiste
	foor areas, or per capita, staf
Grants with performance	Where the charity gives a gra
conditions	service or output to be provid
	recipient of the grant has prov
Grants payable without	Where there are no conditions
performance conditions	realistically avoid the commitm
	recognised.
Redundancy cost	The charity made no redundan
Deferred income	No material item of deferred i
Creditors	The charity has creditors whic discounts
	A liability is measured on reco
Provisions for liabilities	measured at the best estimate
	reporting date
Basic fnancial instruments	The charity accounts for basic paragraph 10.7 FRS102 SORP. 11.19, FRS102 SORP.
2.4 ASSETS
Tangible fxed assets for	These are capitalised if they c
use by charity
	They are valued at cost.
	The depreciation rates and me
	The charity has intangible fxe
Intangible fxed assets	physical substance but are ide
	or legal rights. The amortisat
	They are valued at cost.
	The charity has heritage asset
Heritage assets	scientifc, technological, geop maintained principally for thei
	rates and methods used as dis
	They are valued at cost.
	Fixed asset investments in quo
Investments	valued at initially at cost and end. The same treatment is a
	measured reliably in which ca

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Investments held for resale or maturity date of less than 1 ye Stocks and work in Stocks held for sale as part of progress net realisable value. Goods or services provided as value based on the service po Work in progress is valued at c contract. Debtors (including trade debto at settlement amount after an Debtors Subsequently, they are measu received. The charity has investments w Current asset cash equivalents with a matur investments and cash equivalents with a m rather than to meet short-term

They are valued at fair value e

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

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Notes to the accounts (cont)

tement of Financial Activities (SoFA) when: itled to the resources;

that the trustees will receive the resources; be measured with sufficient reliability.

of assets and liabilities, or income and expenses, unless FRS 102 SORP or FRS 102.

y included in the SoFA when the general income recognition FRS102 SORP).

lated grants, income must only be recognised to the extent the specified goods or services as entitlement to the grant ance related conditions are met (5.16 FRS 102 SORP).

SOFA when receipt is probable, that is, when there has been rs have established that there are sufficient assets in the ached to the legacy are either within the control of the

ernment grants in the reporting period

in income when there is a valid declaration from the donor. d on a donation is considered to be part of that gift and is same fund as the initial donation unless the donor or the cified otherwise.

FA once the charity has provided the related goods or nce related conditions.

at fair value (the amount for which the asset could be l to do so.

s donated for distribution to beneficiaries is deemed to be the time of their receipt and they are recognised on od in which the stocks are distributed, they are recognised amount of the stocks at distribution.

measured at fair value on initial recognition, which is the less the expected costs of sale, and recognised in 'Income with the corresponding stock recognised in the balance

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Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
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se by the charity are recognised as tangible fixed assets ncoming resources when receivable.

arity are included in the SoFA as income from donations

s are included in the SOFA when received at the value of the e value of the gift can be measured reliably.

s that are consumed immediately are recognised as income cognised as an expense under the appropriate heading in

nditure on support costs.

elp received is not included in the accounts but is described

ts when receipt is probable and the amount receivable can

eived in the nature of a gift are recognised in Donations and

ich gives a member the right to buy services or other come earned from the provision of goods and services as ties.

uded in the SoFA when the general income recognition FRS102 SORP) and are included as an item of other income

unrealised gains or losses on the sale of investments and m revaluing investments to market value at the end of the

re it is more likely than not that there is a legal or itting the charity to pay out resources and the amount of ed with reasonable certainty.

cated between governance costs and other support.

ll costs involving public accountability of the charity and its nd good practice.

ü Yes No N/a* ü

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Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
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CC17 FRS 102 SORP

11/16/2022

functions and have been allocated to activity cost ent with the use of resources, eg allocating property costs by ff costs by the time spent and other costs by their usage.

nt with conditions for its payment being a specific level of ed, such grants are only recognised in the SoFA once the vided the specified service or output.

s attaching to the grant that enables the donor charity to ment, a liability for the full funding obligation must be

ncy payments during the reporting period.

ncome has been included in the accounts.

ch are measured at settlement amounts less any trade

ognition at its historical cost and then subsequently e of the amount required to settle the obligation at the

c financial instruments on initial recognition as per . Subsequent measurement is as per paragraphs 11.17 to

can be used for more than one year, and cost at least

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Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
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ethods used are disclosed in note 14.

ed assets, that is, non-monetary assets that do not have entifiable and are controlled by the charity through custody ion rates and methods used are disclosed in note 15.

ts, that is, non-monetary assets with historic, artistic, hysical or environmental qualities that are held and ir contribution to knowledge and culture. The depreciation sclosed in note 16.

oted shares, traded bonds and similar investments are subsequently at fair value (their market value) at the year applied to unlisted investments unless fair value cannot be se it is measured at cost less impairment.

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Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
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Yes No N/a* ü

CC17 FRS 102 SORP

11/16/2022

r pending their sale and cash and cash equivalents with a ear are treated as current asset investments

non-charitable trade are measured at the lower or cost or

s part of a charitable activity are measured at net realisable otential provided by items of stock.

cost less any foreseeable loss that is likely to occur on the

ors and loans receivable) are measured on initial recognition ny trade discounts or amount advanced by the charity. ured at the cash or other consideration expected to be

which it holds for resale or pending their sale and cash and rity date less than one year. These include cash on deposit maturity of loss than one year held for investment purposes m cash commitments as they fall due.

except where they qualify as basic financial instruments.

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Yes No N/a
ü
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ü
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ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
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CC17 FRS 102 SORP

11/16/2022

Section C Notes to the accounts

Note 24 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total	This year £
	-
	-
	18,887
	-
	18,887

CC17a (Excel)

11/16/2022

(cont)

Last year £ - - 4,837 - 4,837

CC17a (Excel)

11/16/2022

Section C Notes to the accounts

Note 28 Transactions with trustees and related part

If the charity has any transactions with related parties (other than the trustee expe details of such transactions should be provided in this note. If there are no transac “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefi employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give t for, any remuneration or other benefits paid to a trustee by the charity or any instit it.

----- Start of picture text -----
Amounts pa
Legal authority (eg Remuneration Pension
Name of trustee order, governing contribution
document)
£ £
- -
- -
- -
- -
----- End of picture text -----

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment. If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement. State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.

CC17a (Excel)

11/16/2022

Last year

None of the trustees have been paid any remuneration or received any other benefi employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give t for, any remuneration or other benefits paid to a trustee by the charity or any instit it.

----- Start of picture text -----
Amounts pa
Remuneration Pension
Legal authority (eg contribution
Name of trustee order, governing
document)
£ £
- -
- -
- -
- -
Please give details of why remuneration or other
employment benefits were paid.
Where an ex gratia payment has been made to a
trustee, provide an explanation of the nature of the
payment.
If a third party has been reimbursed for providing one
or more trustees, state the nature of the payment and
amount of the reimbursement.
State the number of trustees to whom retirement
benefits are accruing under a defined contribution
pension scheme.
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28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such tr this note. If there are no transactions to report, please enter “True” in the box belo report, please enter "False".

CC17a (Excel)

11/16/2022

No trustee expenses have been incurred (True or False)

This Type of expenses reimbursed £ Travel Subsistence Accommodation Other (please specify): TOTAL Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in material interest, including where funds have been held as agent for related parties transactions, please enter 'true' in the box provided.

This year

There have been no related party transactions in the reporting period (True or False

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Name of the trustee Relationship Description of the Balance at
Amount
or related party to charity transaction(s) period end
£ £
- -
- -
- -
- -
In relation to the transactions above, please provide the
terms and conditions, including any security and the
nature of any payment (consideration) to be provided in
settlement.
For any related party, please provide details of any
guarantees given or received.
----- End of picture text -----

Last year

CC17a (Excel)

11/16/2022

There have been no related party transactions in the reporting period (True or False

CC17a (Excel)

11/16/2022

(cont)

ties

enses explained in guidance notes) tions to report, please enter

----- Start of picture text -----
ts from an 1
the amount of, and legal authority
tution or company connected with
aid or benefit value
Redundancy Other TOTAL
(including loss
of office)/ex
gratia
£ £ £
- - [ - ]
- - [ - ]
- - [ - ]
- - [ - ]
----- End of picture text -----

the amount of, and legal authority tution or company connected with

CC17a (Excel)

11/16/2022

1 ts from an

the amount of, and legal authority tution or company connected with

----- Start of picture text -----
aid or benefit value
Redundancy Other TOTAL
(including loss
of office)/ex
gratia
£ £
- - [ - ]
- - [ - ]
- - [ - ]
- - [ - i]
----- End of picture text -----

aid or benefit value

ransactions should be provided in ow. If there are transactions to

CC17a (Excel)

11/16/2022

----- Start of picture text -----
1
year Last year
£ £
- -
- -
- -
- -
- -
- -
----- End of picture text -----

which a related party has a s. If there are no such

----- Start of picture text -----
e) 1
Amounts
written
Provision for bad debts
off during
at period end
reporting
period
£ £
- -
- -
- -
- -
----- End of picture text -----

CC17a (Excel)

11/16/2022

----- Start of picture text -----
e) 1
Amounts
written
Provision for bad debts
off during
at period end
reporting
period
£ £
- -
- -
- -
- -
----- End of picture text -----

CC17a (Excel)

11/16/2022

CHARtrY COMMISSION Independent Examiners Report to the Trustees of Light Education Development Charity Number 1141243 Examinerfs urqualtfied report (for a norFcompany charity Fry)aring receipts and payments accounts) a gross income of £250.000 or less in the relevant financial year I report to the trustees M my examination of the accxxwts of the LvJht Education Development . (the Trust) forthe year eIed 31 knuary 2022. Responsibilities and basis of report As the charity trustees of the Tnjst you are resp(SIble for the preparation of the accounts accordan with the uIreMents of the chariti Aca 2011 (Ihe Ad). I report in respe( of my examination of the Trusfs aMts rrIed out under sedion 145 of the 2011 Act and in Garying out my examination I have follo1 all the applicabje Directions given by the Charity Commission under se(ion 145(5)(b) the Act Independent examinerfs statem I have cotnpleted my examirHtion. I cOnmI th*there are mail5 of mateiial stgnificance or otherwise that have come to my attention in connection ¥th the examination gÈving me cause to believe that in any respecL 1. accounting rewd5 not kept in res1 of the Tnt as requed by section 130 of the Ac#". Ix 2. the accounts do not accord 1th those re(x)rds. I have no concems or reservations the accounts arxl the manner in Mthich they have been prepared and disclosed. I have come across no other matters in Connection wtth the examination to which attentiM should be drawn in this rep(xt in order to enaNe a proper understarKtirKJ of the aCUnts to be reactd. Signed: Date: 27 cdoh)-, Name: Paula Heath FCMA EC2M 2RB