We are pleased to enclose your annual accounts.
RECISTERED COMPANY NUMBER: 082273W ffJglthd Wales) REGISTERED CHARITY NUMBER: J 150892 Report of the Trustees and Financial Statements Year Ellded 30 September 2025 for Lightwaves Communlty Trust SMH Jolliffe Cot Ltd Accountants & Business Advisors 33 Georgc Str¢¢t Wakefield West Yorkshire WFI ILX
Contents of the Financial Statements for the year ended 30 September 2025
Lightwaves Community Trust
| Page | ||
|---|---|---|
| Report of the Trustees | to11 | |
| Independent Examiner's Report | 12 | |
| Statement of Financial Activities | 13 | |
| Balance Sheet | 14 | to15 |
| **Notes to the Financial Statements ** | 16 | to23 |
LlghtW%VC5 Cornmunlty Trtsst Report of the Trustees ror the year ended 30 September 2025 The tru51ce8 who ar¢ also dircctors of the Gharity for the purposes of the CotnpanI Acl 26. present their repoTi with the financial Stsirments of the charity lor the year ended 30 S¢ptcmber 2025. The trusiecs bave adopted the provisions of Accounting and Reporting by Chariiies.. Siaiemenl of Recommended Practice applicable to chaTities preparing their a¢¢ounts in accordance with the Financial Reporting Standsrd applicable in the UK snd RUblIC of Ireland IFRS 102} {¢ffecii¥e l Jonuary 20191. OWECTIVES AND ACTIVITIES Oble¢tive5 gims The airn of the charity 15 to providc thc Tesidents of Wakefield dithct and thc neighbouThood of Collcgc Grove and PindeTfields with a thriving community-nth facility for leisure. social and community actiYiti¢s to advance their well-beirt& h¢alth and prospects and to promote LM)hegion within the community. Charitable obJett The objects of ihc charity as outlined in the articles of a4sociation are.- 'lo fi2rth¢r benefit the Tesidents of Wakefield and elsewh¢Te, without distinction of sex, sexu21 OTi¢nlation. raee or ef political. religious or other opinions by associating together said resident$ gnd th¢ local authorities, voluntary and other organi5ations in a cotDtnon effort to T¢lieve poverty, advance education and to providt facilities in the in¢Sts of S(11 welfare and for recreation and lei5ur¢ time octupatioll witb the objtrt of improving conditiOt15 of life for the residents.. Publlt benefit aim5 and itLtcnded impaet Th¢ Trust's key benefit for the public has continued d¢llry of cornmuttity and leiSUTe Services at Lightwaves Leisur¢ and Comrnunity Ctnire Ih¢Ttafter the Centrel. and ihat thc building has remained open and functioning successfully against the backdrop of significant pressures on voluntary and ¢omThunty organisaiiong in thi5 past year. In the aftermath of cvnlinuing difficuliies in public 5tcior fvnding the Trust has, through its Cetttre. been vitsl to supporting and Sustaini cotntnunity cohesion and well-beittg irt thallenging times. The Centr¢ has kept open 6 days per w¢ck providing w¢ifarc, ¢otntnunity and sports and leisure acliviiicg for all ages alld Scciiells of the soci¢ty. Thc bTeadth and depth of th¢s¢ setvices Continue io underline the c¢ntre's importance as a community anchor providing services and sUPPOrt for local people. As nol¢d in last yeaT'5 Annual Report the Centr¢s retum 10 'normal' pre-COVID pattern5 of usage and income have been gFadual. Th¢ Trugi's focus OD retuming io pre-COVID income and usage pattemg bave borne Irujl. though Bs y¢1 demand does not justify a return lo pre-COVID full seven-day opening. Noiwiih5tanding a challen¥ing trading environment, the Centre has reTnained th¢ city's most irnPOTtani community-run city centre facility. Hosiing education and learning aciivttie.4, social and Icisure pursuits as well as w¢lfarc scrvic£s thc TTUSt Is sijpporting thc city's m05t vulncrdbl¢ and deprived citizens and fatnilies. People arc still struggling io get back to family in¢ome lev¢ls of15 years ago. The Ioc81 community is stsll adapung lu the SeTiOUS social and 2conomi¢ probletns Bnd falloui from the disTUPtive impacts of COVID 8nd ausierity. In the cottiexi of thw systemic challenges. the Tnjsl constitutes the most itnportant city eentre comrt2unity facilily d551Sting families find their way through Ihe iTnpacts of the rost-of.living crisis and the long-Tull Problems left by economic aus12Tity. Signifi¢8llt Activitios The Trusi's cotnTnitm¢nts to Its chaTitable objectives of working with resid¢nts and other org&nisations lo reli¢vE poverty, advattce education and to piovide fa¢ilili¢s tij tbe illtests of social welfare aDd for recreation aDd leisure time have been central lo jig activit1¢5 across the past y¢aT and in making 5igThificant impact in tryin¥ to itnpTov¢ local people's lives. OveT the past ycar th¢ Ttust ha4 witncssed a welcome strengthcning of the Centre's rern to nornial pattetns of activity in the posi-COVID era. HoweveT, il is also clear that aspects of thc Impact of COVID mixed with the impac15 of th¢ cost-of-liviJJg ¢Tils has persisted in their impacts thv wtnmunity. Thus, tbe Centre and its a¢liviiies have been a cornerstone of the voluntary and cotntnunity s¢clorfs etyorts to CO wilh and tackle the social. vconotnic and health impaci upheavals feli ill poorer and more vulnetrdble communities. The TTUSt has continued to work with partners to improve pTh)vision of seiteS to local people &$ well as io seek out fi2ndillE sources lo cope 74ryth the increased deTnand5 on its services. Page I
Llghtwaves Trust Report Of the Tru5tee5 for the year ended 30 Septernber 21125 Witb the return to more D()llnal patterns of activity the Trust has seen furth¢i iBTge event 0k]ng5, which have str¢ngthened th¢ tycnd in improved centre use. and coJJscoucDily revenue levels. Moicover, the C¢ntr¢ bas ieiaillcd the six-day working week as Sunday opening has only been viable for large event bookitsgs. As noted in last yearfs allnual r¢po>rt. Ihc cage foT opening all weekend is still not styong enough, but if laFge ev¢nt bookings contTrnu¢ to grow then the TFU5t will tnove to a full w¢ek opening schedule. Uniqu¢ly. LighNave8 reTnains the only community 3nchor thai is opert frotn 8.00 a.m. to 9.00 p.m. from Monday 10 Thu]3d8y as well as Friday 8.) a.TiL. to 4.00 p.m. and on S&turdays 8.00 a.]n. to midday. The challenges of COVID galvanised Wak¢fi¢ld's voluntary and community sector into ¢5tablishitt8 some very important and lastin¥ positivc Icgacies, whercby Lightwaves Centre becatne part of a rystem of local hubs delivering services to local temmunities around supportillE peopl&4' physical, eotiOnal and financial well.b¢ing. The Trust coniinues this work with partner5, building on and adapting lessons of flexible, rapid and deep Tesponse to local residents, needs. The Trust has fo¢used on providing services tsckJiDg.' - Money concerns (budgeting, benefits. vouchers). Energy woryies (help with utilitie51. Housing reldled concerns Ireni accommodation). Jobs and related issues (training opportunities, CV help with job applicatjotisl, and - Health alld family coneern5. The Cenire has built a highly successful system of support foT local peopl¢, a systetn fundamenially dependent ott appToachablc and friendly and Voluntee steering people 10 get the help they need to stabilise and then impTove their situatiott and well-bein& People and faTnilits come lo the Centre to access the Fi)od PRnty and also get food vouch¢rs printed off. a vital mechatsism foT th¢tn to gei food. and more broadly frL% up household budgets to pay for their ¢ver-rising utilities bills. Utility bills have continued rising ahead of the retail price index and pi8cing immense preUr¢S on the poorest and most vlliotrable families individuals ill city. The Trust continues prov5ding a broad rangc of 5UPPOrt to familie5 and has worked with.. - The Shaw Tnl- providittg trdining and into WtsTk suppon for young people with complex ne¢d& Live Well t¢dtn and their s¢rvice5 for the olderpeople services. Step Up Organisation for einployment help IProvidcn¢e street1f0 149111. Aduli EducBtion for trailling opportuniiicslESOL Imanygatcs Centre}, Wakefield College for adult & young pcoplc ESOL trainin8. - City of Sanctuary Foodbank & serrices 1st Michaels ChtsTthl, - Art Hou5¢ Projects foT refugccs and asyluTn scekcrs. - Hepworth Gallery Projee15 for T¢fugees and &qylum s¢¢k¢TS, and - Age UK Wakefield District Icasilefordl forpensiott belp and oldvpeople service5. These OTganisations and the services they provide are a sirong fit with Lighlwavcs L0munity Trusi's charitable objectlVC8. For example, Ihe Shaw TnL4t helps people facing barriers to work tsnd social inclusion to achieve iheir full potential. It delive[5 ¢tnployability PToBrammes, education, learning, children's seTViC¢S and cOnnity health and wtllbeirtg support. The 2024.25 year saw the Shaw Trust deepening its presence io the Centre taking up offL¢e space and delivving rnore aeiiviti¢s in alld from the building. "Lightwave's 5tsff have always b¢¢n very welcoJnin¥ to 115 all at Shaw TtU$L They have accomlllodated us wh¢0 w¢ have needed ai ih¢ last minute and are friendly and helpful to our iLtsm5." Nicky 8., Shaw Trusvs Operaiion ManageT- Yorkshire Winters can be ¢old and lonely, p8rticulaTly for those on lower ir*L7)mes, and ov¢r the wirtter period the Centre continued to aci as a Wann Space foi th¢ ¢OTrununity. Wami Spar¢ centres arc set-up to provide a physically Wa attd welcotning space for local peopl¢ and as well as lo sustain people's social lif¢. Lightwaves Warni Space showed a mix of young people and adults accessing thc Centre. The trend of increased use on Fridays expanded, including the use of the Centre's SPOTling activities. Centr¢ Staff also supported p¢ople by maintsining a signpostitig tty oth¢T support services for Centre useTs and their familieg. Page 2
Llghtwaves Communlty Trllst Report of the Trystees ror the year ended JO September 2025 A wclcomittg aDd supwnive placc hag beell a vitsl p8rt ofLigbiwavcs ap aJ)d its iDclusivity. 'A% rn¢Mbe of the Wakey Wheeled Cats rolleT derby team we want to say how Tnuch Lighttvave8 Leisure & Cornmunity Centre rnettts 10 us. It's b¢¢n our training home for over len y¢ars. and it's hard to itllagine our team without ii. The staff at Lightwaves have alwayg been w¢lcoming and SUPPOftive of ourt¢am and our members." Izzy. Wakey Wheeled Cars "Lightwaves staff have beett $0 friendly and w¢lcomin¥ to us! We know we are orje of many community 8roups who bencfil from their hard work." Holly. Wakey Wheel¢d Cats Again, this year the Tftjsi rcport that its Feel-Good Fridays, IDltiative retnains univttsally appre£iated by staff, voIuDt¢er5 and ih¢ local community- Togciber with the Centre's central location ill Wak¢fi¢ld the FGF irriliative makes the centre particularly accessible lo all the community, wilh a fret lunch provid&1 foi the eld¢rly, and wtih sports aciiviiies free foT the over 60-year-old* and local unemployed. well 85 asylum seekers attd the Tefug¢e commuttity. A¢tLVlties are half price for everybody and a¢liviti¢5 sucb tsble onnis have PTov¢n popular. The eTnphasis 15 on making the C¢ntr¢ welcoming and tea and cake made by volw]te¢rs pl&ys its part in PToviding a horne-from-hom¢ feel to the CclltrB ou Feel Good Fridays. Tbe Trnst deliver5 Sport as a preventative iThlervention, not simply a recreational offer. Jn communities such a5 those around the Centr¢, whtch fate hsEh levels of physical ittactivity. p(bor mentsl health and social isolation, accessible sport provides a low-cosi, high-itnpact mean5 of improving well-beitjg befor¢ Problcms escalat¢. By removing beTs such as ¢05L iack-of-¢onfid¢n¢e and exclusion, and embedding sport within a tnjsted cotnmunity hub that also PTovid¢s w¢lfaTe, social prescribing and cosi-of-living support, Lightwaves uses physlC81 activity to improve health. reduce lolle1¢S5, build routine 3nd r¢5iliMce. and lessett futur¢ deMd on health attd 59ciaJ care services. Regular participation in accessible. COTnTlluDlry-based sport plays a proven prevcntaiive role by. - R¢ducing the risk of long-tenn physical health conditions such as cardiovascular disease. obesity diabetes - ITnproving menial well-beillg by reducing stress, anxiety and depression Combating lonelin$ attd Social isolation throu¥h ¥truclured. social aciivity SupportiDg r¢silience, confideDc¢ and rouiitte, particularly for people displacemefti 01 trautna In this way. sport at Lightwave5 functions Ls preventstiV¢ social infrastn]Cit 5UPPOrting healthier lives, reducing incqualities and strcngihcllinE community Yesilience; rather than simply providing individua]istically-focu5¢d Icisure oppornmities that typifies privalc gym mernb¢r5hip5. facing unett]ploymen AL oveT 605 badmintoll group u5¢5 the centre every Ftiday and it has become a uch aDtLcipat&l and &ppr¢ciated pan ol their social and physical aciivity. "It's fants5tic. Everybody ill the group enjoys the &tsnosphere. and sayg they really look forward to IL We could use other sports facilitie5 bui the Lightwaves stsff are so warm and ]ltIn& We att delighted by tlle facilities and tbe welcome we Teceiv¢." Rob H. 8nd Ibe MeberS of th¢ Over 60$ BadD]inton Group LsghtW2ves Communtty Feod Pantry In 2022, Lightwaves Foodbank devek>ped into Lightwaves Comrnunity Panty. This essentially a resrKTrn5e to the challenge5 factng many food banks wh¢re deeply ingrained patterns of vertY and need were Contrasted by declines in coniribuiions to food banks and thus. an mcreasing need lo buy in materials 10 actually maich what fatnilie5 and individuals Page 3
Lightwaves Cothmunity Trust Report of the Trustees lor the year ¢nded 30 September 2025 Re5¢8rch ots povety in th¢ UK by York-bd Joseph ROtr Foundation shows persistent alld dccpening poverty in th¢ counlry. The latesi dats it)dicatss over 21 /0 of Ihc UK populatioD, approximaiely 14.2 million people, live in poverty, with child povety at 31 U/0, and petsistent 2nd deep povefty Tfaching record highs. especially among ethnic minorities and Nwlnerable group5. Furtherniore, th¢ Joseph Rownttee FoulldaDon's researchers found poverry is flatlining and that there has been little. OT no progress in th¢ past 20 year8 on Teducing absolute poverty. The faciorg driving absolute piverty include". high living cosis, pdrticularly for housing and en¢rgy. insufficiertt incom¢ from employment OT benefit4 and ecortomic instsbility and risin8 u]Aatioll. Th¢ Absoltste Poverty lev¢1 is ¥ measur¢ of how matty peopl¢ cannot afford a Set slandard uf living, constnred ott the Department for Work and Pensions, def]Dition calculated from the living Standard that an av¢rn¥e in¢on]e could huy in the foundation y¢ar ettdinB in March 2011. and where if YOUT incfjme is 40% below this, aftBr adjusting for rising pnce then you will be c1$55cd as livittg im Rbsolutc poverty. Thi5 15 tb¢ backdrop to the daily livts of many ofthe families indtviduals around Lightwavcs alld it undwlitLe5 the ottgo8 imporwjce of th¢ Lightwaves Cotnmunily Pantry as a vital liftlin¢ for many in th¢ local conjmunity. The evolution from a food bank In a food pantry was very much driven by th¢ challenge of d21ivering whai people in persistent poverty most need. The Community Panty is open every briday and ils successful operatiott 15 both a refle£tion of the level of tteed the local community the Tn'S response to the ongoing cost-of_living crisis hitting Socal communiti¢s. Typicklly. 4 to 5 voluttiee15 5UPPOrt the Cottununity Food Pattty COr(bat0T OL Fiiday5, which is espttially help] for the seTViCe'S fun¥iionin¥ gs well as appreciated by the Food Pantry mernbers for the kindness, checking in and discussions about cooking the various items at the sessions. Ea¢h session attraols 10 10 15 tnetnb¢rs attending foT fwd bui who are a150 5ignp)sted and h¢lped to access other setyices. The laiier includes sUPPOrt sessions from Citizens Advice Bureau and Leed% CTedil Uttion with financial advice and help, well as acc¢5s io IT resources whicb people tteed to log into g0venent departments websites, and othcr infomiaiion support sources. Familic5 aticnd weekly and individuals, fortni8htly. Voluntec]s have h¢lp¢d out o 159 different occasions underlining the v&luablt efforts that these good souls are rnaking to their le¢al communities. "It's clear how ]nuch th¢ panty helps some people. It's always nice when they managc ro impmve th¢ir ctrcumstsnces and don't need Ihe seTvice anymore. They are always very grateful for the help and supporL It is 50 a good way to reduce foDd waste and cttcourages people to ty new things. The volunteer l¢arll is great aDd w¢ all work well togethu.. Rachel. G. Comn]unity Pantry Volunteer The Community Paftty and its volunteer5 making a rpAI differencc to people's Iiv¢5'. "This has been an incredible support for me and rny family. Havin8 4 kids 18 hard and being able 10 provide food. This has eased the pressure of providing food, with the ri5in¥ cost of living. We are ateful for the service. alld the ieam are always helpful and fri¢ndly" K.Q., CoTllTnunity Panty Us¢T 'The panty has been good S¢Tvice and IS helped me tremendously through my difficult cir¢u[n5tateS. Th¢ volunte¢r5 aTe Bm87.ing." Michael W.. Cotnthuuity P3nrry Usei Thc pantry fvnctions and is laid out like a Shop, 2nd memb¢r5 choose their own iiems from a wide selection. including fresh, refrigerate¢ frozen and long-life food5. (The latter tends to dcp¢nd on what 14 received frorn Fayr¢ Share plus donations.) OUT Community Pantry Co-ordinator llttends the Wak¢ficld & District Feod Aid Network tttd Houghold Funding Meetings. "As a pensioner. Ihe pantry h&s definitely helped ]ne 8 loi with my feod shopping aod the rising cost of living. Rent and utiliiics has all gone up. The pantry is well Scked with B vgriety of ioms. and you can Bet a quite a bil of iteTllS for a fJv¢r. Ken L., Community P8ntry User Page 4
LightWAve8 Com]llunity Trust Report of the Trustees ror the yelr ended 30 September 2025 The Food Panty sust2in5 broader bettefits and a¢G¢55 to other services foT14Kal people. J)otably: Enhancing mental and physical h¢alih ofthe pantry rnernb¢r5, Reducing feelings of isolation with the social contact, Enabling them lo new friendships via SIp0st1n8 10 community organisatiotts. Encourages local volunteeTing opportunitics. - Improve h¢31th and well-beiDB as the members chotss¢ th¢tr own rd. - Pr¢v¢nts food and other waste vit Fayr¢ Share pantry atsd dollatiou Prevent hun&kei. HelpE rehuilds dignity and frelings of persondl eTnpow¢rnicn Renew5 and deepens eonnections between families and indivtduals irt crisis and their lttal Cotntnunrty. Th¢ vital WOTk of the Food Pantry is complemented by in-dq)th advice zlld sUPPOrt for vukner&ble fnill¢S and in(VIdual. Assistance from the Ciliz¢n5 Advice Bureau ICABI. W3kefield CAB continue5 holditsg dropin 5¢ssions every Wedncsday, frotn 10am lill 12ptn well as pre-planned appointments from Iptn la 3pm. Again the background of national and local persistent and deepening wv¢ty dcmand for the lI0d Pantry has remained high. The Food Pan has becotne an esseniial cote support mechatttsm for some of the local community's most vuln¢Table families and individuals. Referrals to the Food Panty mainly comc frotn W&ktfield Council services and local schools. Grattis froEn th¢ Prospei Together Futtd bave thabled the Tru81 exielld the safety nei Syste of 5uppon for vuinerdbl¢ families and individuals experiencing ¢xceplional need. An assessment and decision panel made up of 3 Li¥htwaves Trust members receive and consider applications referted to them fo help fatnilies factng severe hardship and eTnerg¢nci¢s, for example, such as need for lte goods (washing Machines, thjmble dryer. fridge, freezer. cooker, air fyeT, ¢tcl. nccd foT £lothing lor school, beds and bedding, carpeting. and In on¢ instanc¢ a bicycl¢ and bike lock to help 8 shift WOTker g¢t 10 work on indu51rial estsie al lime when the buses don't run there. This tTiSi5 511PPOrt scheme ha5 continued into this p¢nod providing ll Vita] fjnancial supwrt mechanism to g¢t families and individuals through Ctneigency circum8lanccs. Lighhvave5 is one of 20 orsani5ations who have been identifjed as c105est to the households that need St1prt. Th¢ Prosper ToBethei Fund scheme is op¢rattng in limes where families 2nd individuals who are literally living to day-to-day, lacking any form of financial Tesilien¢¢, with no savings or bauk-up options Bnd who have lo cop¢ with the cribcs of a need ol * bed for Children, fridge to store and keep f(x)d fresh. elc and where such dire CiTcillnstsnce5 can exacerbate deterioration and decline in tnental &nd phystcal htalth. Ovcr this pcriod the Centrc has acted Hs a hub of hope and thc busicsi centre distributing Access Vouchcrs. with over I,(KK) Vouch delivered to people. Again. thi5 yeatrs activities and data compiled by NOVA'S monitOTing processeg show Lightwaves to be Ihe most active. and IJJ detnand Hdp at the Hub centre. a reflection of its central accessibility aryd welcom character. Referrals for this support come via a scries of local I>Tganisations such 2s.' Vico Hthnes Tenants. Officers, WDH Ca5hwise Teatn, Paren15' Liaison Officers from Ioc31 schools. WDDAS. Turning Point and Social Workets frotn th¢ Early Help Hub @ Thornhill Street and via Lightwaves c.ommunity Food Pantry. Throughout this period the Centre ha5 CODti]Jtsed operation of the Happy Healthy Holiday clubs. These remain a uucial lif¢line SUstailDE children aftd young people from gorne of the conllnunity's most vuincrable and poor families to have The Iqra Thursday Ladies GTOUP at Lightwaves is a valued part of th¢ commtsniry c¢ntr¢. LiEhtwaves ccntre offeT a safe and welcoming space for women to come and enjoy thunselves in a familiar setting whilst staying active and social. For many ladie& this might bc the only intrr&ction they hav¢ all week. The are frienthy SUPPOrtive, aDd always accomtnod8ting helpjng everyone feel comfortabl¢. They are happy to help a5SiSt the ladies group with any questions or issue8 ihey tnay be facing. Pag¢ 5
Llghtwave5 Community Trst Report of the Trustees for the year ended 30 September 2025 With its easy access. wann attnosphere attd eonvenienl locatiott. it'5 au ideal place for the ladies to come together. Withoui Ihc group, the scllior coffjmunity would most likcly fecl iso131ion and lollelilless. This dirccily b35 been known to have an tmpacl on their mertlal and physical wellbeing. acce to sports and leTSUte activities, meals, energi5ing entertainrnenl and social development that thcy could not otherwise afford. Th¢ Happy Healthy Holiday clubs op¢ra in school holiday p¢riods when low-income and vulnerable families find it especially diificult to find rnoni¢s for leisure activities and food for thcir childTen, who would nortnally h&ve access to free school ]neal%. Lightwuves i5 proud PTovid¢ thc se space and leadetship for such enticbillg acliyiiies to tsk¢ place in a compassiollaie and inclusivc fashion that nourishes he<h bodies attd rniDds. Lighnvaves has 5UStained a formidable track.rccord in Ic3dittg good practice in the promotion and building of ommunity cohesion and inclusion and prOble-s[>lVIng. This has included taking active role in tying to get locAI public bodies Iparticularly West Yorkshirc Police and Wakefield Council) to &t Quickly and etrectively lo reduce attii-social behaviouT or to ta¢¢ "hol spots" of sucb behaviour across the local area. Again. thi5 has someiimes PTovell difficult and some problems app¢ar lo be d¢¢ply In8]ned ID the area and lo the detriment of local communitle5. Sornetimts public bodies appe¥to only act when anti-social behaviour tip5 into a deew problem and a crisis. Howeyer. the Ttusi has also SUStsin¢d and led a wealth of positive initiatives ranging from community clean-up campaigns and iitt¢T picks through ttr celebr8ting different communities, religious holidays such as Christmas and Eid. Th¢ Centre still hosts six diff¢renl faith 2nd religious groups and play5 a key role fac1b)[ for local faith EToups a5 part of att overall provision of a saf4 mulii-cultural and open environment for all ¢on]tnunLII¢s. "The staff are friendly, supportive. and alway5 accommod&ting. hclping everyone fecl comfortable. They are happy io help tsIst the ladics. group with any qUC51Tons QT 158UCS they may b¢ facing. With its easy access, waTrn aimosphere and cot)v¢nient localton. it'$ an id1 place foT the ladies to come tog¢th¢r. Without the group, the senior coMmlty would most lik¢ly feel isolation and loneliness. Nazia H., orgalli8eT for the Iqra Ladie5 Group Each yeai the Twsi proudly reports tis deep involvement in a wid¢ pattern of deep parnership latIonS and this has been sustained and enhanced in thi5 period. The Trust has built 2 StTong and successful record of Pth¢rship working W2th key local patthers such as.. Next Gencration, Waketield District Sight Aid Ihosting its regular Living Well with Sight Loss courses). The City of Sanciuary. the local councilloTS, Wakefield College, Wakefield Council, Public Health. YollDg Lives, NOVA, the Shaw Trusi, We Ate Wakefield, the Wakefield Bid, Wakefjeld Hospice, WDH Haffld CourL Creaie Café, and Amnesty Intemaiiona]. "Young Lives havc be¢n ba5cd in Lightwav¢5 for over a d¢cadc. The staff havc always becn very helpful to lls". welcoming and willing 10 go th¢ extra mile wth¢n we rtally need it. Lightwav¢s has been a great pltce for our organiwtton io flvurish in and to organi5¢ SUPPOrt foT young pcople. Emily C. of Young Lives The TTU5ts continued relationship with. and pIence of Wakefield Collegc and its staff and snjdents provides another welcorne strand of further vitality to the Ccnlrc. TheTe have continued to be some ¢hallenw from anti-social behaviouT iD the area amund the building and the green space in front of the building and Lightwaves ha5 worked hard with West Yorkshire Polic¢. 8nd Wakefield Council over this pcriod ie ensure the Cenire f¢¢ls and is saf¢ for Wakefield College students and Staff, vi511ors alld partners. This will r¢main a key priority over llext. Rod future year5 as we ¢ttSllTe the Ceotre oFKrates as a saf¢ and welcornin¥ envirottment for ¢veryone. Page 6
Llghtwave5 Commuttity Trust Report of the Trustees for the year ended 30 September 2025 ACUIEVEMENTS AP4D PERSORMANCE Trust Developmtllt Trust gov¢mance has d¢v¢loped over thi5 period with a conlinuing focus on renewirtg knard representation and the functioning of a board that acts as a Critical friend and asset to the opeTations of the Celltre. Thc reDJTll to physical tne¢tings ha5 helped to anchor the sense of a return to "normal. This is ihe Trusvs thirteenth year of operdtion and of SUCC¢Ssfully sustaining ihe centre Rnd its services as a vital resOue for ¢ommunities that havc frd¢ed som¢ of the m05t hall¢nging attd difficuli ec4)nofflic and social conditions seen in th¢ past 25 yeatx and more. FOT sure, the Centre's scrvi¢es have beett a very imrK1ruE safety Det" and sourc¢ of prd¢lical and ¢motio]Jal support for Cotlltnunities attd individuals. This is boTne out by data (collected by NOVAI on the volutne las well as th¢ quality) of the 5UPPOrt provided to local commuttitie& Given the importance of the seTViC¢S hosted by Hs well as deliveTed by th¢ Trust and its partnets from the Centre it is deeply frustrating that Wakefield Council's officers and l¢adership have failed io deliver on long standtng at oft-tcpealed vcrbal undertakings io Jnake progrcss oll the capital works need¢d on (he Lightwaves building and which would sustain the Ccnire's long-term lun£tsollality and benefits for local communities. As the Trust moves forward into th¢ COnd quarter of the 21st century it will need to Consider alternative options to Safeguard the future of the bUildg and the services attd comtnunities thai Èt h05ts. Page 7
Lightwaves Community Trust Report of the Trustees for the year ended 30 September 2025 FINANCIAL REVIEW Overview In this period LiEhtwav¢s Community Trust continued with the opening hours typified irt the aftern)ath of the bounce-back from COVID timcs. However. it is clear that commmiity allchoT facilities still ftsce difficult and challenging tim¢s ahead and particularly given the long-tetrn effects of aust¢Tity on public fi]nding Sources. The maintenance of sound financial management complemcnied by support from local OTganis8tions have helped Lightweves rL'turn lo Blmost nornial levels of seTViC¢. Vanous support and fin8ncial grattts froffl WBkefi¢ld MDC. Naii(>nal Lottery and NOVA enswed th¢ organisation's fllw)cial viability attd sustainability during atsd after COVID periud and afterniath &8 well as allowing the Centre's incorne take to bounce back. However, this period was 4150 typified as one wh¢T¢ the opcrating enwTonrn¢nt of increasing Costs reTnaind ehallengin8. Pri¢1PaI FuDdlng In this period Lightw&v¢s Community TTUSt cgntinucd with the opelling hours t)Ifted in the llftennath of the bounce-back from COVID lirnes. However, it is clear that commullity att¢hor fll¢ilities still face diffjcult 8nd challcnging litnes ahead and particularly given ih¢ lon¥-tetm effects of austerity on public ndIng sources. The maintenance of Sound financial man&g¢ment complemented by support from local Organisations have helped Lightwav¢s TeDJrn 10 alTnOSt normal levels of seTvi£e. Various sUprt and fi1cial grants frotn Wakefield MDC, Nail0tl Lott¢ry and NOVA ensured the organisation's financial viability and sustainability durinE and afteT COVID period alld afterllth as well 8$ allowing the Centre's itt£ome take to bounce back. How¢ver, this peri was also typifi¢d as one where tbe operating enviro]Jmenl of increasing costs remaill¢d challenging. Reservt8' Policy Th¢ aims attd obj¢thv¢5 of our Reserve5 Policy continues to be." A. Ensure a l¢v¢l of working cgpithl io sustsin the Centr¢ and the ability to perform its charitable ObJtiVes. B. EJJsure a level of fttttditt¥ lo undertake ttew challenges and opportunities a8 th¢y ari5¢. C. Ensurc availabilily orrunding lo cover extraordinary expenditure and loss of Tevenue as a consequence of matters arising beyond the Tn]st norrnal day to day operations. Itnplementing these airns and objectives the continues focussing on building up free reservcs equivalent to two yeaTS' annual operational costs. This is a long-term targ¢t and necessary challenge that the Board i5 Still cornmittcd 10. Sport facilities income has always lend¢d lo bc scasonal and tlucwating compared other income streams such as renlal iJ)come. The Idtter has been SLqble 3nd regular and helwi sUStBuJ ihe Trnsi's working capital fullds as well as fund staff wage5 and oiher fixed c05ts. Thc Board of Twslccs and st2ff continuc Searching out incornc initiatives, Brant applications and donations (both Individual and ¢otPOT&tel. Tn the yeaT a Tevitslised board ievised the business plan ar will cany thig forward into art amtnded Funding Sirdtcgy document. The laiiei CQTllts in the contsxt of the transfer of W2k¢fi¢ld Council's transfET of the frcchold inter¢sls in the building to the Tru81. Investmellt powersy polity performante As per last year the trustees having regard to the liquidity requirements of operating the centre and to th¢ reserves policy have Tnaintained a Policy of kteping available in an ittteT¢St earning deposit a¢¢ount ailowtng imn]edi&te access as necessary. Looklng Ah¢ad The move froTn lea8ehold to full freehold vesting of the building with Lightwave5 Community TTU5t will enhance the Trust's ability to generaie more long-l¢nn and 8UStainable income flows. ITpVing the buildin8 is a key pan of achieving sustsinability. Thus, a key priority will bc gaining Tn&jor investment to enhance and up-grade the Centre's raciliiies. LiBhtwav¢s Community Trust will redouble its efforts in seeking major capital inve$tm¢nL Pag¢ 8
Llgbtwaves Communlty Trnst Report of the Trustees for the yeir euded 30 September 2025 STRUCTURL G0VEBJ¥VCE AND MANAGEMENT Governiug doeumejjt The cotnpany wa5 fornied in 2(>12 and is limited by guarante¢. Jl Is re8isieTed with Companies House und¢r company registration numbcr 08227390. The charity was fornd in 2013 and is regist¢Ted with the Charity Commission uttder charity number 1150892. Governing document The chaTity Ès governed by its Memorandum aDd Articles ofAsso¢iaiiort. R¢cruitment #ppointment of new tTYStees Members of the kn3Td of tyjstees are appointed to represent N¢xt Generation (2). Wakefield College (11. local commuAity141 and usets of Lightwaves Leisure CeDtr¢121. Organi5atlon goverD2nce and mDagew¢nt The board of irusiees, which can have up to twelve rnemb¥rs leiEht truste&8 artd four Board advi8oTS}, who are committed to making a surte5s of thc community Tnanagcment of Lightwaves. admitststeT th¢ charity. Within thi$ peTi(M] there hete have been resignations of two dIr#tO frotn lh¢ Tn]st boaTd and new directors have been actively target¢d and recruited tg take their places. TILe laitsr was focussed ott yplljing tke right balance of inclusivity, experiellce and talettt frts the new thJses. Trusttts typically m¢et monihly with SUcOMMIttee5 covering finance and audit, community fundraising. maikeiing &nd promoiion and OP¢Taiional mana8em¢nt rneeting as appropriate and repoTting to itse fvll boaTd. A general manager manages the day-to-day opLtaiions of th¢ charity. To allow ¢ffccrivc m8nagemenL the general manager has deleEated authority. within terms of Stsnding orders and delegation approved by th¢ tru5te¢5 to deal with operational matteTS inclu(ling finance and ernployment. Th¢ Trust has revi¢wcd lis governBn¢c and conirol a]]3ng¢m¢nts attd in line with legal 8td fllwJci8] rcgulaiions has r¢fr¢shed policies. The charity Works with NOVA, which 5uppons Volunlaryy Community and Social Enieypii5¢ {VCSE} Organisations Wak¢field Disthct to ensure the policie5 are bcnch]naTk¢d against good practice. and in accordartce with best pr&cti¢e recommended by the Charity Commission. The charity also has a nuJnb¢r of volunieet helpeT5 wkn assisi the paTrd 5tatYwith rutthillg the c¢ntre. VoluDtC¢TS operate across the bre&dth of activities in Lighiwaves and accouni for 96.5 person hours per week. This is a vitsl contributton attd part and parcel of the social capitsl that the Trust adds to the citys social 2nd Ixonomic well-being. "l enjoy being a volunieei at Lightwaves.. meeting and hclping peopl¢. Ifs a Bood fe¢ling doing something in the mmunity. Sheelagh, W. LigtLtwave5 Volunt¢¢r 2025 znarked the thirteenth y¢aT of the operation and a Temarkable achievement from the 2011 dccisiott of WakefIeld Council to close Lightwaves. The swimming pool and leisur¢ facility had become unwable due to required ]llajor investment to Upgrade the switnniing p)ol. plus other pans of the building and its services. As a host of. hub for a wide range of communily aLlivities, Next Generation (th¢ localiiys leading youth and Cornrnunjty organisaiionl Id a carupaigtt 10 &iv¢ the facility, which l¢d to the birth of Lightwaves Cott]ttJuuity TrnsL The past 13 years, activities have a decisive and r¢rnarkable shift from a local authority oper&ied leisure c¢ntrc 10 a COTllmunity-led and operatsd facility, and an indi8pensabl¢ r&wur¢c for the local community. Charged wih a ¢ornpl¢x and daunting range of structural and sustsinability challcnges, the Trust has Shown remarkablc Tesilience and capacity to survive and thrivc agtin51 the beckdrop of auslellty 8nd greakr eotnpelition for r¢souT£¢S availabl¢ frotn th¢ public S¢CIQT and ¢lwilabl¢ foundations. Ther is clearly gat need within the local cornmullily foi the r3ng¢ ol service that the Centr¢ is ofteiin¥ and has developed to me¢t ne. Indeed, 2021 C¢nsu8 data show Wak¢field East wmmuniiies have lower education. poorer healih and higher unernploymeni ihan Wakefield District and England averdBes. IDductiou traknlng of trustees Induction into the WQTking% of iht charity is rrI¢d out by tru51ees Hnd senior martagers alr¢8(fy gervin on th¢ board wiib ongoing training being und¢rtakeJ) in house and by exlernal visits lo events and similar organisaliolls. Page 9
Ligbtwaves Community Trust Report of the Trustees for the year ¢JLded 30 Septembpr 2025 STRUCTURE, GOVEBIYLNCE AND MANAGEMENT Risk &agement The irusiees Tnonitor, identify and review the financial and operational risks to whi¢h the chariiy is expDs¢d and make Te£ommendation5 and procedural ch8ng¢s io ensure appropriaie controL% are in place to nMn2ge finances to sustsin income and 10 guard against fraud and eor. Periodically the Trust has had to revise Hnd improve its proceduKs as issues have ansen. For eXapIC. in 2023 the fraud and thcft by a hitherto tNslcd employee prompted a syste]]]Bti¢ external Tevicw with assistance and advice from NOVA, and the sub&equent instslutiots of new booking procedures and check off &trallg¢]n¢nts for registrBtIQD of payments and iDvoiGing. The trust¢¢s have appreved a risk management Stratcgy which comprtses= a. an annual rview of the risks the charity may face, b. the establis]Jmenl of sy5ms alld PTgcedures to mitigate those risks identified ill the Pl and ¢.the implementaiion of procedures designed to minimise atty pot¢ntial impaci on the Charity should t5¢ risks mateTlali. This work id¢ntified financial sustainability of the building and its facilities as th¢ continuing m8joT financial risk for the charity. However. goinb forward with ambitious plan5 ]neans the Trust also need5 to avoid being too d¢pendcnt 00 5ipgl¢ income StreHrns and lo 8UStain volunt¢er and trustee engagemeDt. Dcveloptnent work in the period ah¢ad will focus on effons to secure Sijifjcalll irtvesknents in addressing the building's sustainabiliry. A balance vrill need to be found. when organising these illvesThents. 10 make sure thai the building work& do not completely disrupt the communitys use of the building and its income earning from r(x)tn bookings and the use of sporting faciliti¢5. Jll th¢ r]nzllcial year 2025- 2026 5¢CUrillg ttew funds to iDV¢St ill the building and its development will be the key stratc¥ic prioriiy. To engblc this, the TFUSI 18 commilted io pursuing a move frotn cotnrnunily asgel tTansfcr Icaschold to fidl fre¢hold 0me[Ship which would allow the TNsi greater operational flexibility and 8cc¢88 10 charitable loans. for example, thos¢ ofihc ChaTities Aid Foundation and similar speciali&t institutions l¢ndittg to charitie5. REFERENCE AND ADMINISTRATIVE D£TAILS Registered Company ttumber 08227390 (England artd Wal¢sl Rtgistcred Ch&rlty number 150892 Registered olrite Lightwav¢8 LBi5ure Centre Lower YoTk Street Wakefield West Yorkshire WFI 3LJ Pagc 10
Ligbtw2ves CoThmunlty Trust Report of the Tru5tee5 for ihe ye•r ended 30 September 2025 TTU5tee5 Ms I G M Van Rijjj (Community Centr¢ Manager) Mr M Ayub (Community Centr¢ Manager) Mr J Howard IFF. College Director of Estates) Ms D BTacewell (Equiry, Diversity and Inclusion Co-ordinator) MrJ Coulion (Sports Facility Matsdgerl Mr M McKigney IRetlT¢d Company Director) Ms S Bedford (Social WvTk¢r} M5 H Groc(Kk I0 Si¥ht Aid) Ms G fj8mblc Mr J Ellis Ms K Oat¢5 Resjgll 27 Novcmber2024 Resigned 13 Febrnary 2025 Resigned 26 Noven)ber2025 Resied 27 November 2024 Appoinied 29 January 2025 Appointed 26 FebTuary 2025 Appointed 25 Febnjary 2Q26 ltydependent Ex2miDer Claire Lawton TrCA DChA SMH Jolliffe Cork Ltd Accountants & Business Advisors 33 George Streei Wakefield West Yorkshir¢ WFI ILX Approval by orderof th¢ toard of ttU5tees on 24 June 2026 and signed on its behalf by.. Mrs H J Grocock. Trustc¢ P&g¢ 11
Indepethdeut Examiner's Report to the Trll$t¢es of Lightivgvts Community Trust IDdependent exstniNer's report to the trustees of Llgbtivave5 Cornmuttlty Trust ('the Cornp9ny'l Teport lo the charity trustees on my exatnination of tlie accounts of th¢ Company for the year ¢nd¢d 30 September 2025. Respou5ibilities and basb of rep¢krÈ As the charity's tNslees ef the CDTnpany {aDd also its director8 for tbepurp0$¢5 of company law) you are reswnsible for th¢ Preparation of th¢ accouttts in a¢¢ordan¢ewith th¢ requirements ofthe Comp8ni¢5 Act 2006 Cthe 2006 ACVI. Havin8 5atisfi¢d myseIf that the accounts of the Company are uot r¢quired to be audid under Part 16 of the 2006 Act and are eligiblr for independent exa]llinatiO I report in rcspeci Df Jny examTrnalion of your thBTity'5 accouttts ts Catried out under Section 145 of the Charitie5 Act 2011 Ilhe 2011 Act'}. In carrying out my ex2rnination I have followed tbe Directions given by the Charity Commission under Section 145151 (b) of the 2011 ACL Indtpendent examiDtr s Statement Since your charity's gtD5S iucome exceeded £250,000 your ¢xatllin¢r must be a melnber of a listed body. I can confjrni that I am qu81if&ed lo ulld¢rt3k¢ the examination because I a]n a ffjember of the Institut of Cbartered Accountants ID Etlgland 2nd Wale4 which is one of the listed bodies. I have compl¢td my examinatioT). F confirtn that no matters hav¢ eome to my attention in coDne¢tion with th¢ exRtninatiott giving Jne cause to believe.. awoutltingrecos w¢re notkept in Eespect of the Company Bs rcquired by S¢Gtiou 386 of the 2006 knt. or the a¢counts do not accord with those Txords- or the zccounts do not comply with the accounting requirements of Section 396 of th¢ 2006 Act othet th8n any reqijiremeni that the accounts 8ive a t and fair Ew which is ttol a mBtt¢r constdered as part of an independ¢nt ex¥mination,' or the accoullts have noi been prepaTed accoTdguc¢ wilh ibe method5 and prin¢ipl¢s of the Staiement of R¢cottrllended Practice for accoulltillg attd iep)rting by charities (applicable to GhJritie5 prepariag tbeir accounts in a¢cordaDce with th¢ Financial Reportittg Standard applicable in tbe UK and Republic of Irelajjd (FRS 102)). I h2v¢ no concetlls and have collje across tto other tn8tt¢rs in connection with the examination to which atterttion should be dTawn in this report in ordcr tr> enable a propBr understsnding of the accounts to be teached. Claire A DChA The IDstitute of Chartered AccouDants irl Etlgland and Wales SMH Jolliffe CoTk Ltd AccouDt8nts & Busin5 Advisors 33 George Street Wakefield WestYork5hire WFI ILX Date.. Pagc 12
LiEhtw*ves Communlty Trn5t 5¢4tement ofFinancial Activitles (kncorporatittg kncome Expendlture Aecountl for tbe year ended 30 September 2025 2025 Total ftsnd5 2024 Totsl ruxds UJJrestri¢l¢d hjnd Restricod funds Not¢5 INCOME AND ENDOWMENTS FROM Donations and leg$¢5 47.565 47565 54,062 Chxritable a[vItIeS Sports facilities iDcorne 61,7811 61,780 70.827 Other trading activities Inv¢thient income 206574 206,574 209,469 2,437 TotAI 270 691 47 31 336 795 EXPENDITURE ON Charitable actlvitits Management and administration Events Publicity attd protnotion Pretnis¢s 6&658 &791 250 26.9S3 95,611 8,791 250 92.263 11.039 309 221368 179 Total 324,979 NET INCOME Tran5fer$ between fuDd5 13A47 20,612 34,059 Net movement in funds 64.185 (30.126) 34,059 RECONCJLIATION OF FUNDS Total fulld% brought forward 126368 60A09 186.677 174,861 TOTAL FUNDS CARRIED FORWARD 190 186677 Th¢ notes forni part of these fmanciai statem¢uts Page 13
LightW8ves Commuttity Tryst B8ia#te Sheet 30 September Z025 2025 2024 Total run¢l% u[estricted rulld Restricted runds T(ktal fund$ Note5 FIXED ASSETS Tangible assets 11,869 11.869 14.836 CURRENT ASSETS Debtors Cash at bank and in hJd 1&887 227.138 5,874 12 Z4,761 239.678 40,027 179,764 24&025 18A14 I,439 2J9.791 CREDITORS Amounts falling du¢ within one year 10 (55,572) 155J72) 147,9501 NET CURRENT ASSETS 190853 18 171.841 TOTAL ASSETS LESS CURRENT LIABILITIES 190.453 30,283 220,736 186,677 NET ASSETS 190.453 30383 220.736 186.677 FUNDS Unrestricted hjnds Restrict funds 190,453 30 126,268 60,409 TOTAL FUNDS 220 736 186677 The eharitable rotilpany is entitled 10 ex¢rnptiotL from audit uttder Section 477 of the Compatiies Afjl 2006 for the year ¢nd¢d 30 September 2025. The membeTS have not required the campany io obtain an audit of its financial statements for ihe year ended 30 Scptcmber 2025 in accordance with Section 476 of the Companies Act 2006. The tru$¢5 acknowledgc their r¢sponsibilities for (al en5Uting that the charitable compHDy keeps accoutttittg records that comply wttb Se£tioos 386 and 387 of the Companie5 Act 2006 and pr¢parin¥t financial 5tatem¢nis which give a true and fair tW of th¢ state of affaiTS of the charitsble company ¥5 at th¢ ¢nd of each financial year and of ils SUTplus or deficit for each financial yw in accordance with the TequiTem¢nts of Sections 394 Rnd 395 and which otherwise COTnply with the requIreeThts of the Companies Act 2006 relatillg to fin8llcLal statemetsts. so hr 55 applicable the chaTitabl¢ compgny. Ibl The notes form PBrt of these flnancial siakments Pa8e 14 continucd...
LightwAves cott1nity Trust Blnce Sheet- conthlued 30 Septothbpr 2025 These financsal Statements have be¢n pr¢par¢d in accordart¢e with th¢ Provisions applicable to charitable compani¢5 subject to the sfflall COTnpanies regirtje. The financial siatements wete approved by the Board of TteeS and authorised for issue on 24 June 2026 alld wer¢ s]ed on its behalf by.. Mrs H J Grocock- Tn]stee LIrt ftLKS . TTUSt¢¢ The not¢s form of these r]llAnciaJ st8temcots Page 15
Llghhvves Commullity Trust Notes to the FinaD¢lg1 stAteents for the yer ended 30 September 2025 AccourrriNG POLICIES BasL5 of preparlng the fillancial 5tatem¢nts The financial siaiements of the chaTiiable company, wl¢h is a public bcnefii ¢ntiry under FRS 102. have been prepared in accordance with the Charities SORP IFRS 102}'AccountinB and Rcponing by Charities.. Statement of Rccommended Practice applicablc to charitie5 pr¢paring their acLouDts in accordanc¢ with the Financial Reporting Standard applicable in the UK and Republic of Irelalld IFRS 1021 (effective l J8ttuary 20191,, Financial Reportinx Standard 102 The Fill¢18[ RrtB Stsndard applicable in th¢ UK and Republic of Ireland, the Companie5 Act 2006. Th¢ financial statement5 have b¢en prepared uJ]der the historical wst convcntiots. Going coucern The fUnCl81 ststements are dr2wn up on the going coJJcerrJ bL¥i5 assumes the Ttust will contillue in operaitonaj existen¢¢ for Ihe foreseeable future. Th¢ Trusf5 principal sovrc¢5 of income are from the trnding activities. sjxkrts ev¢nt5 and event tntomL N¢w inco]ne StMS are CDtttinllaJly b¢ing evaluated and initiativ¢s sought to balance agBin5t any fjJDJre disrllptitsn5 to the usual trBding pattem. Th¢ TN5tea5 moniiorush tlow alld the bud¥et for¢wt on a reguiarbasis taking into considerati¢Jn th¢ ctwigillg economic and 80cial clitnatr, along with public sector finance avaiiabiliiy. The TN51ee5 budgets indicate that th¢ TTU5t will be able 10 maintain liquidity for a period of at least one year followitig th¢ dat¢ of signing thes¢ financial statements attd susthin its optralional ¢xi51enc¢ during the next twelv¢ months atsd accordingly, the Trust attounts are appropriaiely prepar¢d under thc goittg Concern ba51S. KLditUre Liabilities are Tecognised as expenditure as 4oon as there is a legal or conS¢ve obligation comrnilling the charity to that expenditure, it is probable that a transfer of economic bettefils will be required in settletnenl and th¢ amount of the obligation be measured reliably. Expenditure is accounicd for on accruals basis and has been classified under headtngs that agsFegate all cost relat¢d to the cat¢gory. Wh¢re Lfj51s cannot be direLtIy attributed to panicular h¢adings they have been allocated to aciiviiies OD a basis cottsisienl with the use of Tesources. Tangible flxed a5SQtS DepClatIon is provided at the following stmual rates in order to writ¢ off each &et over its estimated use] life. Sports equipJnent Fixts]rs and fittings 20Yo on cost No depreciation is charged in the year of acquisition 8nd a full ye&rs depTe¢iatioll is charged in the year of dISsl. Tallgiblc fjxtd a&sets 8r¢ initially recorded at cost and the Charity doe& zjot Capi118¢ red assrts which cost Itss than £1,000. The chllrity is exempt from corporation tax on its cknitabl¢ actsvities. FuJLd actountlng Unrestrid¢d funds can b¢ used in attordance with the charitsble objective5 at the discretion of tbe trustees.G¢neral fund balances are comprised of centre incorne and fundraising in¢ome for the gene]Hl PUTposes of the centr¢. Restricted fimd balRnc¢s are compriged of grants and donations from individual donors. The t¢rms and condiiions of the funds Telale th specific requests at the urne of receipt by the Trust. Further ry18nation of tbe ttatUTe and purpose ofcach fi]nd 15 included irt Ihe notes lo the financial statements. Page 16 conlinueiL..
Llghhv*ve5 Communlty Trust Notes to tTrLe Fln#n¢i¥l StatemeDts- ¢oDtinued for the year eDded 30 September 21125 ACCOUNTING POLICIES- contlnued Fee8 and other income Fees receivable and chaTges made for services and use of pftmise5 aT¢ accounted for in the period tn which the service is provided. Grants and dollatioS Donaiions are accouni¢d for iti the period in which they are re1ved or the atnount receivable is knwwn with Certainty. Grants are refiected in proporrion to the ¢xp¢nditure 10 which it rclatcs. Grants and donations Eiven for the geneTal purposes of the centre are lljcluded unr¢5tricted funds OTHER TRADING ACTivrrIES 2025 2024 Events catering income Miscellaneous incorne Rents receivable 27,701 195 178.678 25,854 185 183.430 209 469 INVESTMENT INCOME 20ts 2024 Deposit account interest NET INCOMEI{EXPENDITURE) Net incotti(expend1tllr¢l is stakd after chargingllcrediiinEI.' 2025 2024 Depreci]0D- owlled a55ets 3.709 TRUSTEES, REMUNERA TJON AND BENEF173 No Trustee received Temuntioll or other betjefits for their work as a TNstce during the year end¢d 30 SepteJnb¢r 2025. However. as disc105ed in note 12, one of the community centre manager5 W25 remiin¢raied for their service as an etllploye¢. itt accordaDCe with the Memor8Ddum and Articles ofAssocsation. Trvstees, expenges There were no trustees, ¢xp¢n5es paid for th¢ year Cnded 30 September 2025 nor for the year ended 30 Sq)tember2024. Page 17 continucd...
LlghtW8Vts Cornmunlty Trn8t Note5 to the Flknallci&l Statements- cotttittytd for the year end¢d 30 September 2025 STAFF COSTS The aveTage monthly ttumber trf employees during the year was ys follows= 2025 2024 Management and adminisb3tion Pretnises No etnployees received etwlum¢nts in exc of £60,0W. COMPARATIVES FOR THE STATEMEP4T OF FINANCIAL AcfiviTIES UnTestri¢ted fulld Restricted funds Tot8J furyds INCOME AND ENDOWMEwfs FROM Donations and legacies 54,062 54.062 Charitable activitie¥ Sports facilities income 70.827 70.827 Other trddirlg activities Invesimeni income 209,469 209,469 Totsl 282.733 54.062 336.795 EXPENDITURE ON CharÉtsble activitles Managetn¢nt and adnJinistrRtiotL 38,605 1,039 309 221368 53.658 92263 11.039 309 221,368 Publicity and promotion Premises Totsl 271 321 324 979 NET If4COME 11.412 404 RECONCILIATION OF F17NDS Total fim¢ls brought forWd 114,856 60.005 174,861 TOTAL FUNDS CARRIED FORWARD 126268 186677 Page18 continu¢d...
Ight¥Ve5 Commuttlty Trust Notes to the Fillgnci81 Sttements- tolltithued lor the yeAr eded 30 September 2025 TAD4GIBLE FIXED ASSETS Flr5 and fittings SpDrts equipment Totsjs COST Ai l Ocknber 2024 and 30 ScplembeT 2025 30,119 33 DEPRECIATION At l October 2024 Charge foryear 3,469 IS,283 18,752 At 30 Septemb¢T 2025 18 iYET BOOK VALUE At 30 SeptemF£T 2025 li At 30 September 2024 14.836 DEBTORS: AMouf+iTS FALLING DUE WtTHtr4 ONE YEAR 2025 2024 TrBd¢ d¢btors Prepayfflents and aCCed itt¢orn¢ 16,857 38,107 1,920 24,761 io. CREDITORS: AMouf4TS FALLING DUE WITIIIN ONE YEAR 2025 2024 Trade ¢dItOrS Other Creditor5 Accruals and dcfetted in¢om¢ 31A91 5.250 18.302 11,250 18.398 ii. MOVEMEf4T IN FUNDS Net movement sn fullds Tr8rtsfers beeen nd5 At 1.10.24 At 30.9.25 Unrestrirted fund$ Gcneral fund 126,268 13A47 50.738 190,453 Re5trltted futtd$ GTants Donations 57.850 59 J8,851 I,738) 25.963 30 TOTAL FUNDS 34,059 22 Pagc 19 continued...
Lightwgves Commuuity Trust Notes to the Flll&tttial Statements- ¢ondknued for the year ended JO SÈptember 2025 MOVEMENT IN FUNDS- ¢ontinued Net movement in fund5. included in the abov¢ ar¢ a5 follows.. In¢otnin8 re50ure Resources ¢xpended Mov¢meELt Unrestricted fuDds General fund 270h91 {2573441 13.447 Re5trl¢ted fllnds GTHnts DoLalions 44J44 3,221 {25,493) 1,460 18.851 47 TOTAL FUNDS 31 284.19 3<059 Comparative5 for movemertt ID fllnds Net movem*]t iry fijnds At 1.10.23 At 30.9.24 Unre5trlcted fund5 Gen¢rdl futtd 14.856 126,268 Restrltted funds Grants Donations 58,614 17641 1.168 57.850 2.559 404 60,409 TOTAL FUNI)S 174861 11.816 186,677 Compa]Htive net movetn¢nt in fvnds, included in the above are Ss follows.. Inci)ming rurCeS Resource5 expellded Movemetst itl futtds Unrt5tricted funds General fund 282.733 (271,321} 1.412 Restricted funds Gratti Donations 51,538 2.524 152.3021 1.3561 1764} 404 TOTAL FUNDS 336 795 324,979 Pagc 20 continued...
Lighth8ve5 Commulllty Trust Notes to the Financlal stateMet$- ttrtttittued for the yur ¢ffjded 30 September 2025 MOVEMENT IN FUNDS- continued RESTRicfED FUP4DS Foo(Ib4nkl Food Pantry Servic¢ The period of the pandetnic saw Lightwaves b0C a vstal CottlUllity hub to help l(xxl people negatively pacied socially and econon)ically by the CTi515. Thankfully the major health iJ]]pa¢ts of Covid-19 have r¢ceded but the economic and social ¢tr¢¢ts bave continued alongside Worseni e¢oDDtnic condition5. The developTn¢nt and wwth of the Lightwavcs food bank scrvice Show this and as knowlc4lgc atid experiente of providing such support deepened other rnodels and appToa¢hes to dealing with food poverty were examin at discussed with partners such as Next GeneTation. the local mosques and Wakefield Council. A mov¢ to a fd palltry service was d¢velop&l. whttc users subsctibe for £5 per week attd catt s¢l¢ct from a rdnge of foodstuffs and hou5¢hold supplies, as well as personal hygi¢ne and other cl¢atiitig product5 to the v8lue of £40. The transition to a food pantry $ervi¢e took a lot of work in terms of a difftr¢nt set-up as well as fit-out to a another space and with new admini5tsativ< aTrdng¢m¢nts bul il all went very STnoothly and 5uccessfvlly. Overall it has been a smooth a[ ¢ffectiv¢ change with volu]Jteets and useys ofthe g<rvic¢ seeing it as a v¢ry positive dev¢lopLnent in effort5 lo support faEnilie5 and ittdividuals exPerlellcg need. Clearly the CODStiOn with users a8 well as th¢ developtneni of the servic¢ from others, best prs¢ti¢e alld experienc¢ certainly helped. Families and individu8Js continue lo be referttd to the Food Panry Wakefield Council's Welfare Team or via Ihe Ciiizcn5 Advice Bureau. Demand for support for d¢prived families has remain¢d high and as the cost of living crisis was eornpounded by sev¢r¢ energy cost Tise5 It has ¢0¢ a key pillar of what Lightsvaves ts able 10 offer the loral community. The enet¥y CTiSiS and its impacts on vulnerable tarnilaes has seen the developTnent of "wamj Spaces initiatives. Lightwaves mad¢ successful grant applicatioos to the "Warll) Spaces. alld thc Pr05pcr Togeiher Funds which will allow us to provide WWTll spa¢¢ as well as pmvide a hardship granl io poor fa]nili¢5 experiencing fina]]cid ¢rn¢rgencies. During thc ¢UTrent year. the ProspeT TogethcT Fund was not supported with any grants and bcittg used I yeaes surplus of £1,0 to cary on in complements the food panty work. In this we ¢stablished a decision pallel Tn2St cotnposed of 3 Lightwave5 Trust members who coosideT applicatioJ)s via r¢fetTals to help ran1)eS experiencing excq)tional httdship and emergencies. Theye application5 for suprM)n typically include provisio of vouchers 10 replace a broken fridge, ot Provide a bed or beddujg. Clothll8 for Sch], eic. Tbe schetn¢ will continue into 2025 and beyond providing a vital foTm of sUPPOrt hclping famili¢5 Qut in crisis or desperdt¢ ¢1r¢utIistances. Fund closinB baiRnc¢ £659 at 30 SepkTnb¢r 202512024.. £1.659). Welcome Tree Light The Welcome Tr¢c Lights Grant Teci¢v¢d from the L(81 Capital Grants Programme. Thi% fi]nding was for a sci of progrdmTnable lights to be installed on a trec outside the entr3nC¢ to Lighpwaves as a local attraction to bring light. gnd to help maTk occasions throughout the year, Such as Christmas Eid. These were installed in November 2025. Fulld balRll¢¢ £3.768 at 30 Septetnber2025 {2024.. £niil. Power to Ch*llge The Power to Change was for a part share of the capitsl Works on the building to Tnakc it safe for the public 10 eorne into th¢ centrc and then feel saf¢ once ih¢y were uSB the building. We had newly fitted auloTnaied entrance doors. a ncw internal 8ttd external modern th"gital CCTV 5yslcm. and cleaning productslequipmetti thai could deal with thc COVID-19 virLSS. Fund bal3Dc¢ £6,144 ai 30 Sepletnber 2025 0)eld as tthBible fixed ass¢ts)12024= £7,680). Pa8c 21 continucd...
LigbtW2ve5 Communily Trust Notes io the FiNancial Statements- eontinued for the year ended 30 September 2025 ii. MOVEMENT IN FUNDS- contin NOVA Support Fund During the pandemic Lightwaves kn beell a lifeline for many comllLunitj¢s' mally Within our local community had cx[rItn¢td significant difficulties which mearti that we n¢¢ded w adjust our actiwties to sllprt thetn. The NOVA fi]nd has helpcd Ligbtwav¢s to develop attd the setting up of the fdbank for those experieDring financial hardship, u]cluding food deliverie5 for VL]In¢rable rcsidellts and those isolating. Sotlle of the funditig h25 also gone towards match fvnding wilh the oihei to compleie capital work5. Fund balante £5,725 at 30 Septsmber2025 {hcld as tangible fixed &Esetsl12024.. £7.1561. Wakefield HAppy, Heglthy Holldsys The Happy He41ihy Holidays scheme bas bren colltinued with fijndirjg atlowillg srx)rt4 l¢RrniThg and socia activities for 8-16 year old5. Each child participating gers a healthy m¢al each day during the scheme. The 5cheTne is inclusive and CTeatcd and operat&1 LO help improve fithess leve15, 5uslain creativity and encourage healthy eatiDg. Fund ba18]*ce £5,874 at 30 Septen]IKr 202512024.. £25.635)- Emeryen¢y Ass1Stance The EmeTEeDCy As5isianee COntu¢ help Li8htW8ve5 foodbank tst(k muctrL tteeded food 5upp]J"es so we could continue supporting local community. Fut balance £1,043 at 30 Sepomber202512024.. £1.51K)}. WF Connect Café5 Th¢ WF Connect Cafés wattt W35 ]w¢ived from Wakefield Council. to PTovid¢ IT and intemet R¢ccss and 5uppon menJber5 of the community public, to help with eduutiotl, enjployment and other ottiitieservices. Fund balanc¢ £nil ai 30 September 2025 {2024.. £7,OMI- Warm Sp&tt5 A 5u¢¢¢ssful funding applicaiiott allowed continuation of the Warm Space initiativ¢ for the community over the winter period. This pruvided a wann and welcotning spac¢ as well H5 contributin8 to p¢ople's qua]ity of life Hnd supwrting positive social interactions. Fund balance £nil at 30 SeptE]nb¢r 202512024.. £1,695). Housohold Support Funding continued into this year providing 8 Vital t(M71 to help families 8Dd individuals ill de5p¢rate CircumsnceS. Fund balaJce £2.750 at 30 Septemr2025[2O24-. £1.5(M)I. Help at Hub5 Fund The Help at Hubs grant received from NOVA Wakefield District Limited in the year, ha5 enabled the ttusi to provide debt &nd financial advice from a range of organisattons (such 8s Wakefield Citizens Advice Bureau and Le£ds Credit Untonl as well as staffs assi5tsTrc¢ in helping clients to llavigate th¢ welfare benefits, System and emplo>Thellt h¢lp. Fund balats¢e £nil at 30 S¢pTembei 2025 {2024= £4.026). Transfcr5 betsveen funds Tran5f¢r5 are made frtsTll Restricted funds when expenditure has iKen incurred on items the Brants srtd donation8 wete intended io cover. Th¢ Tesulttttg Unrestricted Gened Fund has arisert from T¢Dta] income dertv¢d from the use of the Centre and other ancillary activities. All futur re50UTces earn from these sources will be for the pu]P05e of the contilluillg use of the Centre. Page 22 ¢OntiDue(L..
LightlYllVC5 Cornmunlty Try$t Notes to tTrLe Financial Staiements- ¢ontlDued for ttse ye8r eded 30 Septembtr 2025 12. RELATED PARTY DISCLOSURES DuriJJ8 the y¢ar, remurteration of £22.94612024: £24.638} w*$ paid to one of the community ¢eth [Tranage. who is aL80 a truste¢ &nd employ¢¢ of Next Gene]xtion. In 2020 Next Generation Provided au int¢r¢st free loaft with no specific repHymellt tern)s. Th¢ balance of this is showD in creditor8. aou¢S (alIll due in less thall one yeHr-£8.63012024= £112501. Duri]]g the financial ye8T, ttl funding for the Welp at Hubs, fu]Jd r¢ceived fiDtn NOVA Wakefjeld District Lirnit¢d in the surn of £10.187 {2024-. £15,450). an entity in which a trustee of Li8htW2ves Community Trust ig also a director and trustee. No trustee received rerDUrteration in their capacity 95 trustee. No trustee claimed out of p(Kket expense5 fortravelling to m¢¢tin8s (2024.. £nil) The Trt has arraftl Charity Trust AssurBnc¢ at a cost of£266 {2024.. £266) Page 23
T: 01924 376045 www.smh.group