Company number: 07835798
Charity number
1145596
THE LIGHT FUND COMPANY
(A Company limiied by guaranlee)
Report and
Financial statement3
For the year ended
31 January 2025
Howell Wade
ChArtered Accountants
55 Church Rordd
Wimbledon Village
London
SW19 5DQ

THE LIGHT FUND COMPANY
(A Company limited by guaraiilee)
Report and Financial Statements
For the year ended 31 January 2025
Content
Company Information
Report of the Trustees
Independent Examiner, s Report
Statement of Financial activities
(Income & expenditure account)
Balance sheet
Notes fonning part of the financial statements

THE LIGHT FUND COMPANY
(A Company limiled by guaronlee)
Report and FinaneiAI statements
For the year ended 31 January 2025
Com
an
Information
Charity Name:
The Light Fund Company
Charity Registration Number:
1145596
Company Registration Number: 07835798
Registered o￿lee address:
55 Church Road
Wimbjedon Village
London
SW19 5DQ
Trustees (Direetors):
Trevor Charles Jones - Chairn)an
lan David Hyder
Jacqueline Ann Brown
David William Scott
Ashley Anm Sidney Holman
Caroline High
Vicky Miller
Sabrina Segalov
Paul Hodgson
lan Michael Downes
Anne Bradford
Nicola Webster
Alexandra Salisbury
Helena Stopher
Graham Saltmarsh
Mark Schofield
Robyn Cowling
Banker5:
Barclays Bank PIC
Accountants:
Howell Wade
Cliar¢eredAccounlants
55 Church Road
W1n￿le￿o￿ Vlllage
london
SW19 SDQ

THE LIGHT FUND COMPANY
(A Company limiled by guarunlee)
Report of the Trustees for year ended 31¥t January 2025
Registered Charity Number: 1145596
The Trustees present their annual report and financial statements of the charity for the year ended 31
January 2025. which are also prepared to meet the requir¢ments of a Directors, report and accounts for
Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum
and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Standard applicable
in the UK (FRS102) (efTective 01 January 2015),
The Light Fund was established in 2004 and became a registered charity in January 2012.
Reference and Admlnlstrntlon details:
ReBislered Company Number: 7835798
Registered Office: 55 Church Road, LONDON SW19 SDQ
Correspondence Address: clo Max Publishing Ltd, Uniied House, North London N7 9DP
Directors And Trustees
The Directors of the charitable company (The Charity) are also it5 trustees for ihe purposes of the charity
law.
The trustees and officers serving during the year were as follows:
T￿VOr Charles Jones - Chairnian
lan David Hyder
Jacqueline Ann Brown
David William Scott
Ashley Arun Sidney Holman
Caroline High
Vicky Miller
Katherine Ball (resigned 51312024)
Sabrina Segalov
Paul Hodgson
lan Michael Downes
Ann Bradford
Nicola Wcbster
Alexandra Salisbury
H¢l¢na Stopher
Graham Saltmarsh
Mark Schofield
Robyn Cowling
'The Light Fund raises funds to be distributed to charitable projects.
Its activities are centred within the UK Intellectual Property industry known more commonly a5 the
Licensing Industry.
The Light fund is an acronym ofLicensing Industry Giving Help Together.

THE LIGHT FUND COMPANY
(A Company limiied by guaronlee)
Report of the Trnstees for year ended 31yI JanuAry 2025 (Conlinued...)
Registered Charity Number: 1145596
The charity is organised so that the Trustees communicate ￿gUlarlY to manage its affairs. The Trustees work
with and alongside a number of volunteers and meet at least once a quarter to review all matters related to
the charity. The committee is made up of experienced business people drawn frorn the Licensing industy.
New and prospective Trustees are usually fatniliar with the charity's objectives and its ongoing work. They
are invited io attend meetings with the existing Trustees in order to further familiarise themselves with ihe
charity and its operations.
The Trustees are supported from time to time by a committee of volunteers drnwn from the Licensing
industry who help identify fundrdising opportunities and help to deliver these events.
Risk Management
The Trustees review the risks that the charity faces on a regular basis and believe that their management
approach, which minimises risk and authorises expenditure only when reserves are sufficient, provides an
adequale framework to respond in the event of a problem arising.
Achlevements? Performance and Future Plan5
The Light Fund devises, creates and manaBes a range of fundraising activities throughout the year.
Most of these are industy-wide events whilst oihers are based on individual fundraising a¢iivilies.
Our notable sources of funds this financial year have included:
Northem Light Fund Quiz held in Manchester
Comedy Nighi Held in London
Treasure Hunt in London
Southern Light Fund Quiz held at Lord's cricket ground
Raffles at Awards event organised by Max Publishing Ltd
Sample sales by companies within licensin& toy & card industries
Donations from Individuals
Each year The Light Fund makes donations to a small number of designated charities, who are
guaranteed funds from us for a minimum of 3 year5 to enable them to plan ahead with some certainty over
that period. The allocation of the balance of funds available, usually the vast majority of the sums raised, is
decided by the vote of Trustees and key sUPPOrters who choose from those proposed io us by charities via
our website portal.
In line wilh our donations policy, all donations this financial year have been made to UK registered charities
and the Light Fund is kept up to date by these charities with their progress on the projects outlined by them
for the donations.

THE LIGHT FUND COMPANY
(A Company limiled by guaranlee)
Report of the Trustees for year ended 31" January 2025 (Conlinued...)
Registered Charity Number: 1145596
In 2024, the beneficiaries of The Light Fund (all registered charities) were:
New Life
CALM
Maggie's
Shelter Box
The Brain Tumour Charity
Bowel Cancer UK
Motor Neurone Disease Association
Child Bereavement UK
Pancreatic Cancer UK
Greai Orniond Street Hospital Charity
Brain Tumour Support
Princess Alice Hospice
Orchid Cancer Appeal
Bone Cancer Research Trust
PAPYRUS
Crohn's & Colitis UK
Boivl Cancer
Shooting Star Children's Hospices
Inspire Youth Zone Chorley
Child Rescue Nepal
From time io lime The Light Fund supports individuals from the Licensing or ancillary industries who
need support due to illness, bereavement or hardship. We also make donations in memory of dear colleagues,
or members of their families, who have passed away or suffered severe illness. These donations are approved
by the Trustees and details of these are available if required but, for reasons of confidentiallyg are not
included in thi5 report. The Light Fund has made two such memorial donations during the year in question.
The Light Fund has a website which is publicly viewable and is updated regularly to reflect The Light
Fund's activities
FinAnciAI Review
This has been a relatively 'nonnal' year of indusiry events and fund-raising events have been well attended
and enjoyed by industry collea8ues. We are especially grateful to a number of generous individuals that have
SUPPOrted us with donations and also those companies that have raised substantial sums for the Light Fund
through raffles at Awards events and sample sales.
In ihe forthcoming year, as well as canying out our regular events. we are planning a large event challen8e
and encourdging the participation of a wide spread of industy colleagues. We hope this will be a positive
contribution to our industry and generate a large sum of ffloney for us to distribute to worthy cause5 in due
course.
The Light Fund keeps its expenditure at very low levels. All Trustees and committee members & supporter5
provide their own time and Services free of charge.
Reserves Policy
Due to the minimal amounl of administrative expenditure deiailed above, our policy is to donate as much as
possible at the cnd of each calendar year to good ¢aus4 leaving a prudent balance to cover contin8encies
before fund-raising recommences the following year.

Fioant121 Sthtements
Company law r￿ul￿$ the Trustees to pr¢p8r¢ finAnci81 ststrrnents for each finllncilll year which gsve n true
and faxr view of thc stste of affairs of the clwity at the end of the year and of the Surp1￿ or deficiency for
th¢ year then ended.
In p￿porAng those financial statements. the Trustees are r¢quired to:
Select suilablc accounting policies and then apply thun co￿81St£ntly.
MAke judgmcnts and estimates that are reasonable and prudcnl
State wheth¢r the policies adopted we in accordancc with the Companie5 Art 2006 Rnd with applicable
ccounting strndards and statcmcnts of recomnicnded practice, subject to any material departures disclosed
and explained in thc financial stslcrnents.
Prepare the financial statement5 on the soins concern Lwis unless it is inapprDpriate to presume that the
charity will continue in oper*ion.
The TnL8tees are re5ponsibl¢ for keeping prO￿r accounting Tecords which disclose with T￿￿onab1C accurncy
at any time the finan¢ial position of the charity and to enable thern to ensurE that th¢ financial stalcmcnts
cornply wilh ih¢ Com¥wnies Act 21)06.
The Trustees are responsible for 5afeguardin8 thc assets of the charity and hence for tsking reasonable sieps
for the prevention and detection of fraud and other irre8ularities.
Byo
of the
oard of Trustces
David Willi
DiTrdor '
cott
Dale: .

THE LIGHT FUND COMPANY
(A Company limited byguapantee)
Financial statements
For the year ended 31 January 2025
Independent Examiner's Report to the Trustees (Directors) of The Light Fund
I report on ihe accounts of ihe company for the year ended 31 January 2025. Ivhich are set out on ihe annexed
pages.
Respective responsibilities of Trustees (Directors) and examiner
Tlie tru5tecs (Ivlio are also ihe directors of the company for the purposes of company law) are responsible for the
preparation of the accounts. Tlie Irustees consider iliat an audil is noi required for iliis year under s¢¢lion 144(2) of
Ilie Charities Act ?0 I l (the ?0 I l Act) and that an independenl examination is needed. The charity's gross income
exceeded £2i,000 and l am qualified io undertake the examination by being a qualified member of the Inslilule of
Cliartered Accountants in England & Wales.
Having salisfied myself that Ihe charity is not subject to audii under company Ir4W and is eligible for independent
e.xamination, it is my responsibility lo:
Examine the accounts under section 145 of the 2011 Act;
To folloiv the procedures laid down in the general Directions given by the Charity Commission under
5¢Ction 145(5) (b) of the ?0 I l Act. and
To stal¢ ivhether particular malters have come lo my atlention
Basis of independent exominer's report
My examination was carried out in accordance with the general Direclions given by the Charity Commission. An
e.xamii)ation includes a review of the accounting records kept by the charity and a comparison of the accounts
presenled with (hose records. 11 also includes consideralion ofany unusual iiems or disclosures in the accounls,
aiid seeking explanalions from you as trustees concerning any such matters. The procedures undertaken do not
provide all ihe evidence that ivould be required in an audit and consequently no opinion 15 given a5 to whether Ihe
accounts preseni a 'lrue and fair view, and the report is limited to those maner5 set ou¢ in the stateinent below.
Independent examiner's slatement
In connection with my exominotion, no matter ho5 come to my atlenlion:
vhich gives me reasonable cause lo believe ihat in any material respect the requirements:
To Keep accounting records in accordance ivith section 386 of ilie Companies Acl ?006;
and to prepare accounis which accord with the accounting records, comply with ihe accounting
requirements of section 396 of the Companies Act 2006 and with tlie meihods and principles of Ihe
Statemeni of Recommended Practice: Accounting and Reporting by Charities (FRS I O?) have not been
met; or
To ivhich, in my opinion, allenlion should be draivn in order to enable a proper understanding of tlie
accounls to bc reaclicd.
ANTHONY WARREN FCA, ATT. CTA
Charlered Accountant
55 Church RoAd
Winibledon
SW19 5DQ
Date:

THE LIGHT FUND COMPANY
(A Company Ilmiied by guarantee)
Financial statements
For the year ended 31 January 2025
Statement of Financial Activities
Note
2025
2024
Unrestricted
Funds
Unrestricted
Funds
INCOME
Voluntary Ineome
Donations
49,956
91.024
Other Income
Events
Portal
Sponsored activitie5
Total Income
22,024
50,777
61,173
125 856
152 197
EXPENDITURE
Expenditure on Raising Funds
Cost of Organised events
Charity collection costs - Just Giving fees
37,955
2,559
26,359
2,032
40,514
28.391
Expenditure on Charitable Activities
Grants and Charitable donations
93.269
139,406
Olber
Professional and accountancy fees
Total expenditure
137 503
171097
Net Income I
ex
enditure
Movement in funds for the
and net

IIIE LIG￿r FUND COMPANY
(A Company Ilmlted by guaranlee)
Registered No: 07835798
FiDanclal 8tatemeDts
For the year ellded 31 JaDuary 2025
Balan
e Shttt
at31
2025
Note
2025
2024
Current 85sets
Cash at bank
8.611
16,538
Credltors:
mouuts
due wltbfin one
Acmals
720
£4091
£ 6,638
Reserves
Unrestricted Funds
£ 4,891
£ 6,638
For the year ending 31 January 2025, the Company was entitled to exemption under section 477 of
the Companies Act 2006 relating to small companies.
The members have not required the company io obtain an audit in accordance with section 476 of
the Companies Act 2006.
The Directorsl Trusttts aeknowledge their responsibilities for complying with the requirements of
the Act with respect to accounting records and the preparalion of accounts.
These accounts have been prepared in accordance wlth the provisions applicable to compunie5
subjeLt to the small company's regime and the Charities Act 2011.
Approved by Ihe Board of Directors l Trusiees on.. . . . ..
si
nedo
its behulf by..
Ddv
Illiam Scoti
Trustee (Director)

THE LIGHT FUND COIMPANY
(A Compaiiy liiiiiied by guaraiilee)
Notey to the Financial Statements
for the year ended 3111 January 2025
ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and estimation in the preparation
of the financial statements are as follows:
Basis of preparation
The Financial Statements have been prepared in accordance with Accounting and
Reporting for Chorities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK (FRS 102) (effective 01 January 20I9) - Charities SORP (FRS 102) and the
Companies Act 2006.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of
the 8cneral objectives of the charity.
Restricted funds are subject to restrictions on their expenditure imposed by the donor or
through tern￿ of an appeal. Currently there are no restricted funds.
Income
All income is included on the Statement of Financial Activities when received.
Expenditure
Expenses directly relating lo the charity's activities are included in the statement or
financial activities when paid. Extran¢ous expenditure, such as accounting fees, are
charged in the period to which they relaie. Expenditure includes any V AT %N'hich cannot
be recovered.
Grants payable, are accounlcd for ivhere either the trustees have agreed to pav the grant
witliout condition, or ivhen an), condition attached to the grant has been met.
Costs of generating funds comprise costs associated iviih attractingy i'oluntary income
inLluding fund raising costs associated ivith the organisation of fund- raisinbi ei'enls.
Governance cost includes costs associated ii.ith meeting the constitutional and statutOP)'
requirement5 of the charit}. and include costs link'ed li ith the siatuiorn requirements ot
Ihe charitv

THE LIGHT FUND COMPANY
A Company lijnited by guarantee)
Notes to the Financial Statements (Conlinued...)
for the year ended 3151 January 2025
TRUSTEES, REMUNEII4TION AND BENEFITS
sl
There were no Trustees, remuneration or other benefits for the year ended 31 January
2025.
Trustees Expenses
There were no Trustees, expenses paid for the year ended 3 1st January 2025.
RELATED PARTY TRANSACTIONS
There were no related party transactions in the period under review.
STAFF COSTS
There were no staff costs for the year ended 31 Sl January 2025.
FUNDS MOVEMENT
Unrestricted Funds
2025
2024
Bank Balance Brought forward
Net incoming received / expenditure paid
16,538
(7,927)
32,138
(15,600)
Bank Balance at 31 January 2025
8,611
16538
Accountancy Fees Provision
(3.720)
(9.900)
4,891
6.638
TAXATION
As a charity, The Light Fund is exempt from taxation on income and gains falling
within section 505 of the T&xes Act 1988 or section 206 of the taxation of
charg¢abl¢ Gains Act 1992 to the extent that they are applied to charitable objects.
No tax charge has arisen in this Charity.