Reglsterèd number: 07700933
Charlty number,. 1146590
LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmlted by guarantee)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmlted by guaraiite81
CONTENTS
Page
R6f8rence and admlnlstratlve datalls of th8 charltabl8 company, Its Trustees and
advlsers
Trustees, ieporl
Trusteos, respon8lb115tles statement
Ind8pendanl examlner's report
statement of flnan¢lal actlvltlos
3alaiic8 sh861
Notes to tho f Inanclal stat6ments
10-19

LIGHT PROJECT PRO INTERNATIONAL
(A coinpany Ilmlted hy guarantee)
REFERENCE AND AOMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND
ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustee5
Mlchellne Ngongo, Chalrperson
Helen Paterson
K81wyn Wllllams
J8remy CoTbyn
Ulrike Schmldl
Valenlln Mollsho Yombo Dl8ma
Cyfllle Danipare
Coinpaiiy reglslered
numhor
07700933
Charlty reglsteréd
number
1146590
Règlstered off Ic8
16 Greal Queen Slreet
Covonl Garden
London
WC28 SAH
Accountants
Bll¢k Rolhenb8rg Llnilled
Chart8red Accounlanl$
16 Great Queen Slreet
Covenl Garden
London
WC28 SAH
Bankers
Nallon81 Weslmlnslér Bank PIC
PO Box 12258
I Prlnces Stre8l
London
C2R 88P
Page 1

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmited by guaraiitee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees pr&sent Ih8lr annual r6porl log8th8r wllh the flnanclal slatenienls of tha ¢harllabl8 company for Ihe
1 April 2023 10 31 Marcli 2024, The Annual Report serves Ihe purposes of both a Iruslees, r6porl and a dlreclor8'
report linder conipany law. Tho trustees confirm Ihat lh8 Annual Report and Ilnancl81 slalemenls ol Ihe
charllable company comply wilh the current slalulory requlremenls, Ihe requlr8menls of Ihe charilable conipany's
goveinlng docun)enl and the provislons of the Slalemenl of Reconimend8d Pracllce (SORP) appllcable lo
charllles Preparing Iheir accoLtnls In accordance wlth tho Flnanclal Reportlng Standard appllc?bl8 In the UK and
Rapubllc of Ireland {FRS102)'(effecllve 1 January 2019).
Slnce the charllable company quallfles as small und8r secllon 382 of Ihe Companles Acl 2008, the slraleglo
reporl requlred of medluni and large companles UFid8r the Companles Act 2006 (Slralaglc R6pori and Dlr8clors'
Report) Regulallons 2013 has b8èn omltled.
Objectlvès and actlvltles
Pollcles and objectlves
The charilabl8 companls obleclives are lo brlng logelher famllles and volunle8rs lo Improve the educallonal
opportunllles of local communllles, partlcularly In r8lallon lo people al rlsk of balng soclally marglnallsgd, We alm
lo promole soclal Incluslon and Ihus evoryone Is wglcome lo lake parf In our projects.
In selllng obl8cllv8s and plannlng for ar,Ilvltles, lh8 Trustees have glven dua conslderallon lo general guldance
publlshed by the Charlly Comnilsslon ralallng lo publlc ben8fl1, Ineludlng Ihè guldanc8 'Publlc ben8111,' runnlng a
¢harlly IP82)'.
Page 2

LIGHT PROJECT PRO INTERNATIONAL
(A company limited by guarantee)
T.RUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Objectlves and actlvltles {contlnuodl
b). Maln aGtlvl(les undaytaken to further the charltable company's purposes for the publlc borieflt
Here al Llghl Project Pro Inlernallonal wa alm lo promote soclal Incluslon and thus everyon8 Is welcome to lak8
parl In our prolecls. Our vlslon Is lo help 11)e deprlved commun1118s largaled by offatlng educallon, skllls and
Iralnlng to glve Ih8m the mean510 Increase Ihelr lifo chanceg. We conllnuo lo placo young people al1118 for8ffOtIl
of our actlvllles lo try and cr@ala a Strong and lasllng foundallon Ihal wlll setva Ihen7 Inlo adulll)ood, Not lusl by
equlpplng Ihem wllh the knowledg8 and skllls bul also Ihe personal, sotslal and physlcal developm8nl Ihoy wlll
need lo succeed In Ilfa. As a cons8qU8nce of Ihls wé have been Instrument81 In helplng many lo aehlove baller
exam Fesulls Ihan evÉr balore and In dolng 80 set thÈm on the patl) lo, furlher and hlgher eduGallon and by dolng
Ihls w6 wlden thèlr soclal horlzons and hugely Improve Ihalr lob opporiunllles.
2023124 was unforlunalely yel anolher dilficull year for many. Th8 conllnulng cosl of Ilvlng crlsls has meant a
large Increase In people seeklng advlce or guldance on Issues regardlng houslngi b8n6flls and ulllllles blS1s,
Wa woiild Ilk8 lo thank all the volunteers Ihal helped during th8 year, who provlded InvalLiable support lo the
prolecls and th9 slaff team al LPPI freelng up Ihelr.Ilme and allowlng them lo provlde the advlc8 and support for
th8 local re51denls.
We conllnued to dlslrlbule surplus food donated by some fanlasllc partneis Includlng the F611x Prolecl,
Falishare, TesGo, Wall¥os& and Gall's bakery. However, wilh sev8ral nearby foodb8nks closlng wè saw an
Increaso In peop18 Ilocklng lo our Wednesday sesslon. W6 have b8en Incr8dlbly fortunale lo parlner wllh Food
Bank Ald, who provlde an amazlng sgrvlc@ to 32 food banks In London. Thay have b88n helplng provldlng us
wllh slaplo foods such as nillk, eggs. olls and Ilen7s Ihal very rarely come from surplus sourc8s, Thls has meanl
we hav8 b88n abl& lo In8t the Increas6 demand and provlda a more nutrlllous offering lo those allendlng,
We conllnued our parlnershlp wllh lh8 D.WP and dellvered our 21c8nlury skllls prolecl whl¢h works on8-1o-on
wllh young people (18 to 24) to Improve Ihelr employablllly, lallor lob searches and In18rvlew skllls. 11 halped 50
young people Into work, We also conllnued the Youlh Employmenl Hub wllh Ihe DWP; provldlng a more relaxed
envlronmenl foi Ihe young people lo meel wllh the DWP, so Ihey can slt down wllh Ihelr advlsor wilhoul lh8 rush
and Iha nolse of Some of Ihe local Job Cenlres, We hav& lound Ihal In dolng Ihls, some of the young p&ople
have op8ned up moro gnd we h8ve16arned niore aboul somo of Eh8 challeng8s Ihey (ace, whlch we are then
able lo h81p address, or slgn p051 them lo those that can provlde Ihe more spe¢lfl¢ halp.
would also Ilke lo Ihank L81's Adult Communlly Lear171ng team. Who hav8 conllnued lo pul on Incredlbly
valuable clas898 In ESOL, Engllsli, Maths & ICT lo Ihe local communlly.
Th8 Mlsslon Slalomenl of Llght Project Pro Internallonal (LPPI) Is to work In parln8rshlp wllh other key ag&neles
and malnslream provlders lo offer a lang8 ol servlces lo resldenls of Islinglon and surroundlng boroughs. For
Eixampl8, some of Ih8se key agencles wlth wliom we have been worklng are., Local schools, Congo18se Refugee
groups, Arsenal Communlly,, Race Equallly Foundallon, Caniden & Islinglon Unlled, Hyde Houslng Assoclallon,
DWP, OclopLFS Communlly Nelwork, Help on Your Doorslep, Voluntary Acllon Isllnglon, Manor Gardens, London
Communlly Trust. Mother Tonguo Supplernenlary School SeNice & Islington Councll. We would Ilk8 to Ihank al
of Ih68e for Ihelr supporl.
Pagè 3

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmlt6d by guarantee)
TRUSTEES, REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Achlevemenls and performance
Flnanclal raview
a. Golng concarn
Slnce 31 Marcli 2024 addlllonal funds have been secured and the posltlon on Ihe slateillonl of finanGlal poslllon
has L)f3en Improv8d. TNstees hav8 r8v18W8d the fin8nclal posllion and slralagy of th8 chaTily whlch reco9nlsed
Ihe need for addlllonal revenue sourc6s and hav8 slnca slarlod lo ullllse tha bulldlngs spac8 lo Incre8s8 the
room aiid hall hlia Inconia that can b8 rals8d. A full revlew of th8 charllles r8voiiu8 Is lo b& conduoled In whlch
alt8rnallv8 or n6w revonuo slreanis are lo b6 sought wllh the oblecllvo lo further Iniprove lh8 flnanclal poslllon
and sustalnably rebulld r8serves that wer8 usod durlng the cost of Ilvlng crl81s.
Trustees hov8 revlewed a delalled cash flow for6casl lo March 2026 showlng sufflcl8nl fvnds lo provlde a
reasonab18 expeclallon Ihat Ihe charllable company has adequate resources lo conllnue In operallonal exl¥lvnce
for the (oreseeable lutur8, For thls reason, they conllnue Io 8dopl the golng concern basls In pr6parfng Ihe
financlal slale1118nls.
b. Flnanclal revlow
Durlng the p8rlod, the ch8rllabl8 conipany conllnued lo rely upon donallons and grants for Ils In¢onie, wllh lolal
Incomlng resoL(rcos of £133,901 (2023,, £112,972). Governance costs lola118d £7,729 and Included Indop8nd8nl
examlners fees and legal aiid prof8sslonol f68s.
The charllable company recordod a net d8flclt of £7,187 {2023: £27,563) ¥vhlch rayulled In ruserv8s al Ihe year
end of.<] negallve £5,056 (2023: £2,131 >. 11 Is th8 pollcy of the charllable company that resgrves whlch have nol
been deslgnaled for a speclflc use should be malntalned al a level equlval8nl lo belw96n thre6 and slx monlh'8
expendllure. Th8 Iruslees conslders that reserves al Ihls18V81 wlll 8nsur8 that, In Ihe event of a slgnlflcanl drop In
fundlng, 1118y will b8 able lo conllnue the charllabl8 company's curfenl acllvllles whlle conslderallon Is glvon lo
ways In whlch addlllonal funds may be ralsed. Thls16vel of reserves was nol malnlalned duiliig the year and, as
m&nlloned elsewhere In Ihls reporl, In&asure8 taken In tha post balan¢e sh8BI perlod have resulled In a
subsequ8nl Increase In reserves,
The prlnolpal lundlng sources for Ihè charllable company are currently by way. of gr&nls from varlous
organlsallons. We would Ilke to thank the followlng for Iholr support through tho year.,
Crlpplagala Foundallon. t)WP, Isllnglon Unlled Charllles, London Borougli of Islliiglon, Octopus Comniunlly
Nelwork. We would also Ilke lo thank Food Bank Aid. The Fe51x Project, Edlble London & Falrshare for Ihelr
amazlng food & household |143m donallons.
c, R13k management
Tha Iruslees have assossed all Iho major rlsks lo whlch the charllable conipany Is exposed, and are sallsfled
that systems are In place to reduce exposure lo the major risks.
d, Plans for thè future
Thg truste88 are golng lo revlew Ihe recent buslness plan lo conllnuo movlng Llghl Prol6cI Pro Inlernallonal
fomard lo beller sgivo the peoplg of our communlly. Thls lakes Inlo accounl suslalnablllly plannlng for the
bulldlng's ullllly wllh the mind Ihal there ar8 lols of groups aftor spaces bul lacklng a budget, thoro are also
dlff6renl groups that could po18nllally use Ihe bullding oul of houis as prlvale hlresi provldlng Ih8y allgn wllh the
harlllos oF)18cls and ethos. Careful cash plannlng will occur lo ensure Ihal Ihe charity reduc6S It's liabllilles and
contlnues to move back towards a posillon where by It Is able lo bulld back reserves.
Page 4

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilinlted by guaranleel
TRUSTEES, REPORT ICONTINUEO)
FOR THE YEAR ENDED 31 MARCH 2024
structure, governance and management
a. Constitullon
The charflable company Is a company Ilmiled by guarante8 governed by Ils rules set oul In Ils Memoranduni and
Artlcles of Assoolalion.11 was reglstered wilh tlie Charlly Commlsslon 01126 March 2012.
The Iruslees, who ar8 also the dlreclors for Ihe purpose of company law, and who served during Ihe year and up
to the dal6 ol slgnalure of Ihe financlal slatements wera:
Mlchellna S Ngongo (Chalrperson)
The Rl. Hon. Joreniy Corbyn
Ulrlke Schmldl
Valenlln Mollsh Yombo Dl6ma
Cyilll8 Dampare
Kelwyn Wllllams
Helen Pallèrson
b. Methods of appolntmènt or electlon of Trustees
The Iruslees ar8 appolnted In accordance wllh th8 t8rms ol the governlng document. The Iruslees meal
ragularly, as ne8d8d, lo conslder thé charllls recrullnient needs.
None of Ihe Irust88s has aiiy b8iieflclal Inlerest In the company. All of the trustees are niembers of Ihe company
and gu8ranle8 lo conlrlbule £1 In Ihe ev8nt of a wlndlng up.
c. Indu¢tloii and tralnlng
Inducllon and Iralnlng of Ih8 Irusteas Is undertaken on an Informal basls. All Irus168s ar6 kepl Inform8d al
meelliigs ol Ih61r dullos and obllgallons under the law In addlllon lo thelr proper conduct.
Approved by order of th8 member8 of the board of Trust88s aiid 819ned on Iholr behalf by..
Ml¢hellno Ngongo
Trusteg
Dale.,
LI-1￿3 I b)'I,(-
Page 5

LIGHT PROJECT PRO INTERNATIONAL
IA company Ilmlted by guarantee)
STATEMENT OF TRUSTEES, RESPONISIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
Th8 Trusle8s (who are also (he dlreclors of. the charttable company for the purposes of company law) aro
responslble for preparlng the Trusle8s' report and tho financlal slalemenls In.8ccordanc8 with applicable law and
Unlled Klngdom Accounllng Standards {Unilad Klngdom Generally Accep18d Accounllng Pracllc8).
Conipany law requlres the Tru51ee5 to prepare flnanclal slalemenls for each flnanclal , Uiider company law, the
Trustees musl not approve the Ilnanclal slalements unl8ss they are sallsfled Ihal Ihey glve a Irue and falr vlew of
the stale Df affalrs of the charllable company and of Ils Incomlng resoLFrces and appllcallon ol resourGes,
Includlng118 Income and expendlturo, for Ihal p6riod. In preparlng those llnanclal sla18menls. Ihe Trustees are
rgqulred lo..
selecl sullab16 accounllng polleles and Ih8n apply Ihem conslstenlly;
observe the n)81hods and princlples of tho Char1116s SORP {FRS 1021,
make ludgmenls and accounllng esllmales that are reasonable and prudent;
slate wh81her appllcabl8 UK Accounting Standards IFRS 102) hav8 been followed, sublecl to any ma18rlal
d8partur&s dlsclosed and axplalned In th8 Ilnanclal slalemeiils;
prepare the Ilnanclal slaleménls on the golng coiicgrn basls unless11 Is Inapproprlala lo pr8sumo (hal (he
charllabl8 company wlll conllnue In buslness.
The Trustees ar6 responslble for kcoplng adequ8te accounllng records Ihal are sufflcl8iit lo show and explaln
thè chgrllable company's Iransacllons and dlsclose wllh roasonable accuracy al any Ilme the Ilnancl81 poslllon of
tho charilab58 company and enable them lo ensure that Ilie linanclal slalemenls coniply wllh thè Conipanles Act
2008. They 8r8 also respons5bl8 for safeguardlng Ihe assets of th8 charitable conipany and hence. for taklng
reasonabl8 slaps lor tha prevenllon and del8clloii of fraud and other Irr8gularllles.
Page 6

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmltèd by guaranleol
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Indepèndent examlner's repurt to the Trustees of Llght Prol8Ct Pro Inlernatlonal {'tho charltable
company'l
I report to the charlly trustoes on my examlnallon of the accounts of lh8 charllable cornpany lor the year endad
31 March 2024.
Rosponslbllltles and basls of report
As Ihe Iruslees of Ihe charllable company (and Ils dlrectors for Iho purposes of company lawl you are
responslble for the propar811on of the accounts In accordancè wllh the r8qulr8ments of the Conipanles Act 2006
('Ih8 2006 Act,),
Havlng sallslled mys811 thal Iha a¢¢oun(s ol. the Gharilablè company are not requlred lo b8 audlled under Parl 16
ol Ihè 2006 Acl and are ellgibla for Independent exarnlnallon, I reporl In respecl of my 8xamlnallon .o(111o
charilab16 company's accounls cairled oul under secllon 145 of Iho Charlllas Acl 2011 ('Ihe 2011 AGI,), In
carrying oul Iny exanilnallon I havo followed th8 Dlrecllons glven by the Charlly C(iinmlsslon undor secllon
145151(b) of Ihe 2011 Act.
Independènt oxamlner'8 Statement
I have compl8led my exanilnallon. I conflrni that no mallers have com8 to my atlenllon In connecllon wllh the
xamlnallon gSvlng me caus8 lo bellevè.,
accounllng r8Gofds were nol kepl In respecl of the charilable company as r8qulred by s8cllon 386 of Ihe
2006 Act,. or
the accounls do nol accord wllh Ihose rècords. or
lh8 accounls do nol comply wllh the accounllng requlremonls of Secllon 396 of the 2008 Acl other Ihan
any requlremenl Ihal (he a¢coun18 glva a 'lru8. and falr. view whlch 1$ nol a nialler consldèrad 88 Part of
an Ind8pendenl examlnallon,, or
Iho accounls have not been prepared in accordance wllh the methods and prlnclp185 of the Slalemenl of
Recommendéd Pracllcè lor accounllng and r8porllng by ¢harillos lappllcablo lo charllles preparlng Ihalr
accounts In accordancg wilh the Flnanclal Reportlng Standard appllcable In Ihe UK aiid Republlc of
Ir8land (FRS 102)1,
I hava no concerns 8nd.have come across no olh8r mallers In conngcllon wllh Ihe examlnallon to whlch
atl8nllon should be drawn In Ihls reporl In ordor to enable a proper understandlng of Ihe accoun181o be reached.
Thls report 16 mad8 so181y to the charltable Gompanys trust8es, as a body, In accordance wllh Parl 4 of the
Gharllles (ALcounls and Reports) R8gulallons 2008. My work has bean undertakon so Ihal I mlghl Slate lo the
charllable company's Iruslees those m¢ltlgrs l am requlrad lo stale lo them In an Ind8p9ndenl éxamlner's report
and for nD other purpose. To tho fullest exlent peTmltled by law, I do nol accopl or assunie responslblllly to
anyone other than the chaFllablo company and Ihe charltable companls Irusle8s as a body, for my woik or for
Ihls report.
Slgned,.
f SLq)LJ
Dated: 2
|,{Lfj¥4
Chrlsloph8r Shepherd FCA
Bllck RolhenboTg Llmlled
Charlered Accounlanls
16 Great Queen Slreat
Cov8nl Garden
London
WC2B SAH
Page 7

LIGHT PROJECT PRO INTERNATIONAL
IA company Ilmlted by guarantee)
STATEMENT OF FINANCIAL ACTIVITSES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Reslrlcled
lunds
2024
Unreslrlcled
funds
2024
Total
funds
2024
Tolal
funds
2023
Nole
Income from:
Donallons and legacles
Charllable acllvllles
116.111
17,790
116,111
17,790
110,555
2,417
Total Incom8
133,901
133,901
112,972
Expèndllure on:
Charllabl8 aollvlll8s
141,088
141,088
140,535
Net movement In funds
(7,187)
(7,1871
(27,563)
Re¢on¢lllallon of fui7d8',
Total funds brought fomard
Nel movement In funds
1869)
(7,187)
3,000
2,131
(7,1871
29,694
(27,563)
Total funds Garrl8d forward
<8,056>
3,000
(5,056)
2,131
Th8 Slalfjmenl of flnanc5al acllvllles (IncoTporallng Income and Expendlluré Accounl) Includes all galns and
losses recognlsed In tho year.
The noles on pages 1010 19 form parl of these flnanclal 8lalem8nl8.
Page 8

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmlted by guarantee)
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Flxed assets
Tanglble assets
10
2,946
3,928
2,946
3,928
Curr6nt assets
Debtors
Cash al bank and In hand
11
15,942
6,044
12,829
12,806
20,988
25,635
Credllors,. amounts fa511ng du8 wllhln one
y9ar
12
{28.988}
127,432)
Net curreiit Ilabllltles
(8,002)
11,7971
rotal assets less Gurrant Ilabllllles
{5,056)
2,131
Total nel asselsllllabllltles}
{5,0561
2,131
Charlty funds
Reslrlo18d fuiid8
Unreslrlclèd.funds
13
13
(8,056)
3,000
{8691
3,000
Total fund8
{5,056)
2,131
Tli8 charilablo company was en1I118d to ÈX8mpllon Irom audll under secllon 477 of the Compaiiles Act 2006.
Thg mBmb8f8 have riol requlred th8 company lo oblaln an audll for the year In que511on In accordance with
secllon 476 of Compan189 Acl 2006.
The Truslees acknowledge Ih81r responslbllllles for cOmpl￿ng wilh Ihe requlremanls of th& Act with resp8cI Io
accounling rerords and preparallon of fli)anclal slalemenls.
The ITn8nclal 818lemenls have been prepared In accordance wllh the provlslons appllcable lo enlllles sublecl lo
the small companles reglme.
Tha flnancJaltslat8m&nls war6_approv8d and aulhoTlsed for Issue by tha Trusloes and slgned on thelr behalf by.,
Trtfsleo
Dato..
The notes on pages 10 to 19 fomi parl of these flnanGlal slalemenls.
Page 9

LIGHT PROJECT PRO INTERNATIONAL
IA conipany limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General Informallon
Llghl Project Pro Inlern8llonal Is a pilvate company Ilmllod by guarantee Incorpoialed In England and
Walas. The regls18red offlce Is 16 Greal Queen Street, Covent Garden, London, WC2B 5AH.
The Ilnanclal statements ara presented In Slerllng 1£).
Accounllng pollcles
2.1 Bas Is of preparatloh of Ilnanclal statements
The Ilnanelal slalemenls have b88n prepared In accordaiice wllh th8 Charllles SORP (FRS'1021
Accounllng and R8POrtliig by Chcir1118s'. Slalemenl of Reconinigiided Pracllcg appllcable lo chaillles
preparlng Ihelr accounls In accordance with the Flnancial Reporllng Slandard appllcable In the UK
and Rep￿bE1C of Ireland (FRS 102) (offecllve 1 January 2019), Ihe Flnanclal Repoillng Standard
appllcable In Ihe UK and Republlc of Ireland (FRS 102) and Ihg Conipanlas Acl 2006,
Llghl Projocl Pro Inlornallonal meets Ihe deflnltlon of a publlc benelll enllly undgr FRS 102. Assets
and Ilabllllles are illlllally recognlsed al hlslorlcal c081 or Iransacllom value unless othe￿189 slated In
1116 relovanl accounllng pollcy.
2.2 Golng ¢oneèrrt
Slnc8 31 March 2024 addlllonal funds havo been secured and 1118 poslllon on Ihe slaler¢ienl of
flnanclal poslllon has been Improv8d. Trustees have r8vlewed the flnanclal poslllon and strategy ef
th8 charlty whlch recognlsed tho need for addlllonal revenue source8 and have slnce started lo ullllse
Ihe L)ulldlngs space to Increase Ihe room and hall hlr8 Income Ihal c8n bg ralsgd. A full revlew of Ihe
char1118s revenue Is lo be conducled In whlch allernallve or new r8venu9 streams are lo be souglil
wllh the oblecllve lo furlher Iniprove Ihe flnancial posltlon and suslalnably rebulld reservos Ihal were
used durlng the cosl of Itvlng crlsls.
TrLt8tees have rèvl6w6d a delalled cash flow forec8sI to March 2026 8howlng sufflclenl funds lo
provlde 8 reasonable oxpeclallon that the charitable company ha8 adequale resources lo conllnue In
OP8rallonal oxlslence lor Ihe f()rose9abl8 futur8. For thls reason, they conllnue lo adopl Iho golng
concern basls In préparliig Iha tinanclal statemeiils,
2.3 Income
All Income Is reoognls8d once the charllable company has an11118menl to the Incanie,11 Is probable
that tho Income will b8 recelved and Ihe 8mounl ol Income recelvable can b8 m8asured rellably.
Grants are Included In Ihe slalement ol Itnandal acllvlllas on a recelvable basls. The balance of
Incom& recelved for sp&clllc purposes bul nol expended during the perlod 15 shown In the relevanl
funds on (ho balance sheet. Whgro Income Is recolved in advance of enllllemenl of recelpl, Ils
recognlllon Is deferred and Included In Cred￿l01$ as dGferred Income. Whera 6nllllemenl occurs
before Incomè Is recalvod, th8 Income is accrued.
Page 10

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmlted by guaraiitee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles (contlnued)
2.4 Expei7dlture
Expendlturo Is recognlsed once Ihorè Is a legal or conslrucllve obllgallon lo IransfBr economlc b8n8111
lo a Ihlrd party, 11 Is probable Ihal a transfer of economlc benefits wlll bo requlred In selll@ni6nl and
the amounl of the obllgallaii can be measured r8llably. Expendllure Is Glassllled by acllvlly. The Costs
of éach acllvlty are niade up of Ihe lolal of dlrect cosls and shared cosls, Includlng support costs
Involved In ijnderlaklng each acllvlly. Dlrecl costs allrlbulable lo a slngle acllvlty ay6 allocated dlroclly
to (hal acllvlly, Shared costs whlch conlrlbule to mor8 Ihan on8 actlvlly and suppoil costs whlch are
not allrlbulabl8 lo a slng16 acllvily are apporlloned belween Ihos& acllvltles on a basis conslslent wllh
th8 US8 of resources. Central staff costs are altocated on Ihe basls ol Ilm8 spant, and deprecléllon
charges allocated on th8 Portlon of lh8 assal's use.
Expendllure on charllable acllvllles Is incurfed on dlieclly undertaklng the acllvlll6s whlch f(frrther the
charllable company's oblectlves, as well as any assoclated supporl costs,
All 6xpendllure Is Incluslve of Irr8COV8rabl8 VAT.
2,5 Tanglble flxed assets and depreclatlon
Tonglble flxed assets cosllng £NIL or more are capllallsed and recognls8d whén lulure economlc
b8nefll$ are probable and lh8 cosl or value of th8 assel ean be measured rellably.
Tanglble fixed assels are Inlllally recognlsod al cost, Afler recognlllon, under Ilie cost Inod61, langlble
rixed 8SSOts are measured at cosl less accumulaled depreclallon and any accumulated Impalrmanl
losses. All costs Incurfed lo brlng a langlbl8 flxed asset Into Ils Inlended woiklng condlllon should bè
Included In the measurement of cosl.
Depreclallon Is charg8d so as lo allocale th8 Cost of tanglbla IIx8d. ass818 18ss Ihelr resldual valuè
OV8r Ih81r esllniated useful Ilves, on 8 reduclng balanc8 bas18.
08preclallon Is provlded 01) Ihe followliig b8sls:
250/• reduclng balance
Flxlures and fltllngs
2.6 Casli at bank aiid In hand
Cash al baiik and In hand Includes cash and shoil-lerffl hlghly Ilquld Investments wllh a short malurlly
of threa months or less (rom Ihe dale of acquisillon or openliig of the deposll or slmllar aG¢ounl,
2.7 Flnanclal Instruments
The charllable Company only has flnanclal assels and Ilnaii¢lal118bllltlas of a kli)d11)al qua151y as baslc
flnanclal Inslrunionls. Baslc flnanclal Inslrumenls are Inlllally re¢ognls8d al Iransacilon valu6 and
subsoquènlly measiired al Ihelr selllemenl value wllh tho excepllon of bank loans whlch are
subsequently mgasured al amorllsed cosl uslng the effecllve Inleresl m8lhod.
Page 11

LIGHT PROJECT PRO INTERNATIONAL
(A cotnpany Ilmltad by guarant&e}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles {¢ontlnued)
2.8 Fund accounlli)g
Gon8ral funds are unreslrlclad funds whlch ara avallable lor us8 al Ihe discrellon of the Irusle8s In
lurlherance of the general oblocllv8s of tha charllabla conipany and whlch have not b8811 daslgnaled
lor olhor purposos.
Rostrlcled funds are funds whlch 8r8 lo be used In accordance wllh speclflc reslrlcllons Imposed by.
donors or whlch havé been ralsed by (he charllable company for partl¢ular puiposes, The cosls of
ralslng and admlnlslgrlng sucli funds ar8 charged agalnsl Ihe ¥peGlflL fund. Th8 alm and uso ol each
reslrlcted lund Is sel out In lh6 notes to the financlal slatemgnls,
Income from donatlons and lega¢les
Reslrlcled
funds
2024
Total
fuiids
2024
Donallons
Grants
480
116,631
480
115,831
116,111
116,111
Reslrlcled
funds
2023
Total
funds
2023
Donallons
Grants
220
110,335
220
110,335
110,555
110,555
Page 12

LIGHT PROJECT PRO INTERNATIONAL
(A company Ilmited by guarantaè>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 NJARCH 2024
Inconie from charltable actlvltl88
Reslrlcled
funds
2024
Total
funds
2024
Us8r fe88 and room hlre
17,790
17,790
Reslrlcled
funds
2023
Total
fund8
2023
User f88s and room hlre
2,417
2,417
Analysis of exp8ndlturé on cliarltablè actlvltles
Summary by fuiid type
Reslrlc18d
funds
2024
Total
2024
Dlrecl costs
141,088
141,088
Reslrl¢l8d
funds
2023
Tol81
2023
Dlrecl cosls
140,535
140,635
Page 13

LIGHT PROJECT PRO INTERNATIONAL
{A company Ilmited by guarant8é)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of expendllure by actlvltlfrs
Acllv1118S
undertakon
dlreclly
2024
Support
cosls
2024
Total
funds
2024
Dlrect Costs
133,359
7,729
141,088
Acllvllles
undertaken
dlreclly.
2023
Support
cos18
2023
Total
lunds
.2023
Dlrecl costs
134,384
6,161
140,535
Page 14

LIGHT PROJECT PRO INTERNATIONAL
IA company Ilmlted by guarantea)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of expendlture by actlvltle5 (Contlnuod)
AnaSysls of dlrèct costs
Tolal
funds
2024
Total
funds
2023
Dlrect cos18
2024
Staff ¢ost$
Depreclatlon
Rènl and rate8
Cl8anlng
Repalrs and malntenance
Prlnllng, poslag8 and stallonery
Telephone
Compuler Costs
Travel
Evenls
Acllvllles rnalerSals
Calerlng
Bank charges
. Advertlslrig and promollons
Subconlraclors
Gènerfjl office exp8nses
InsuranG8S
Staff Iralnlng
Equlpmenl purchase
90,193
982
90,193
982
15,000
1,000
120
3,987
85,657
1,310
21,570
941
35
15,000
1,000
120
3,987
2,410
456
2,885
1,439
3,863
1,830
121
409
6,295
A,185
885
S2
1,247
7,087
1,899
19
2,051
1,360
3,181
795
108
219
5,170
1,356
899
82
645
456
2,885
1,439
3,8e3
1,830
121
409
6,295
1,185
885
52
1,247
133,359
133,359
134,384
Analy815 of 5upporl costs
Total
funds
2024
Tota5
funds
2023
Dlrecl costs .
2024
A¢counlanoy
Legal and profeSs￿n81
2,556
5,173
2,566
5,173
2,088
4,063
7,729
7,729
6,151
Page 15

LIGHT PROJECT PRO INTERNATIONAL
IA company Ilmited by guarante81
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENIDED 31 MARGH 2024
Indep6ndenf examln8Y's remuneratlon
The Independenl examiner's ramunarallon aniounts lo an Indapendénl èxamln8r le8 of £2,160 (2023
£2,160).
staff costs
2024
2023
Wages and salarlas
Soclal securlly cosls
Conlrlbullon lo dellned conlrlbullon p8nslon sch8m8s
86,878
1,998
1,517
81,839
1,713
2,105
90,193
85,657
The average number of persons employed by Ihg chailtable company durlng Ihe year was as follows.,
2024
2023
Employees
No employee rec8lved reniiinerallon amounllng lo more than £60,000 In elther year.
Page 16

LIGHT PROJECT PRO INTERNATIONAL
(A coinpany Ilmltod by guaranteÈ>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Trustegs. remunerallon and exp8ns&s
Durlng the year, no trustoe recelved any ramunerallon or other benefils (2023 £NIL).
Durlng th8 year, no Irustea Oxpanses h8V8 been Incurred {2023 - £NIL>,
l O. Tanglble f Ixèd assets
Flxluros and
fllllngs
Cost or valuatlon
Al 1 Aprll 2023
19,500
Al 31 March 2024
19,500
Depreclatlon
Al 1 Aprll 2023
Charge lor Ihe year
15,572
982
Al 31 March 2024
16,564
Nel book value
Al 31 March 2024
2,946
Al 31 March 2023
3,928
1q, Dabtors
2024
2023
Due wlthln one year
Trade deblors
Other deblors
Prepayments and aGcru8d Incomè
4,153
1,442
10,347
11,042
254
1,533
15,942
12,829
Page 17

LIGHT PROJECT PRO INTERNATIONAL
(A coirpany Ilmlted by guaraiitee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12. Credltors: Amount5 falllng due wlthln one yèar
2024
2023
Olher laxallon and soolal securlly
Olher credllors
Accruals and def8ired Incom8
12,638
14,428
1,922
11,855
13,857
1,920
28,988.
27,432
13. Statement of fund8
Slateiment of funds . current year
al8noe al
31 March
2024
Balance al 1
Aprll 2023
Income Exp&ndllur6
Uhreslrlcted funds
Gener81 Funds all funds
3,000
3,000
Restrlcted funds
Reslflcled Funds 811 lunds
{869)
133,901
(141,088>
{8,056)
Total of funds
2.131
133.901
1141,088)
15,05SI
statoment of funds . prlor ygar
Balance al
31 March
2023
Balaiic8 at
1 Aprll 2022
Income Exp&ndlture
Unre6trlct6d funds
G8n8ral Funds - all funds
3,000
3,UOO
Restrlcled funds
R8slrlcled Funds - all funds
26,694
112,972
(140,535)
{869)
Total of funds
29.694
112,972
(140,535}
2,131
Page 18

LIGHT PROJECT PRO INTERNATIONAL
IA Company Ilmlted by guayanteèl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14. Relatad par(y transactions
Tho charllable company has nol enlered Into any relal8d party Iransacllons during Ihe year, nor are Ihare
any oulslandlng balances owlng belwe8n related pailies aiid the charltabla company al 31 March 2024.
Page 19