Charity registration number 1151019 THE LIGHTHOUSE PROJECT (CRAWLEY) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE LIGHTHOUSE PROJECT (CRAWLEY) li LEGAL AND ADMINISTRATIVE INFORMATION Thistees MTS R Benwell - Chair Mr I Hancock. Tru5urer Rev K Taylor Mr I Johnson Mrs S Lindridge Rev R Poole Charity number 1151019 Registered orrice St Andrew's Churcb Weald Drive Crawley West Sussex England RH106NU Independent examiner Darren Harthg ACA FCCA DChA Richard Pla¢e Dobson Services Limited Chartered Accountants 1-7 Station Road Crawley RHIO IFtr
THE LIGHTHOUSE PROJECT (CRAWLEY) CONTENTS Page Trustees. Teport In(kpendent Cxaminefs rcport Statement of financial activities Balance sheet Notrs to the fmancial statements 6-13
THE LIGHTHOUSE PROJECT (CRAWLEY) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH2024 The trustees present their annual rqK)rt and financiaI statemeDts for the year ended 31 MaTch 2024. The financial ststements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the charity's foundation model constitirtion. the Charities Act 2011 and "Accounting and Reporting by Charities." Statement of Recommended Prarti¢e applic3ble to charities PTeparing their accounts in a¢¢ordance with the Financial Reporttng Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 2019}. Objeetive5 and aetfivities The principal object of the ¢ha)ity is to advance the Chrisiian Faith among young people and families, in schools and gryoups. and in conjunction with the churches in the area of Crawley, West Sussex and th¢ suOund1ng areL The trnstees committed to ensuring that through our staff and volunteers, the Christian Faith is presented to young people in schools and groups, and in conjunction with the church&% in the area of Crawley. West Sussex and the surrounding area. We rnaintain cotstact witb the local ehurcbes and supporteTS through regular prny¢r letters, visiting ¢hurche$ to tall( about our work and meeting with local cknur¢h ministers. pastor5 and leadets. The objectives are achied through staff and volunteers leading SeMblies. clubs, R E lesn$ and other artivities in primary and secondary schools in the Crawley area. In setting objectives and planning for tivilieS, the Tru5*es have giveD due ¢onsiderntion to general guidance published by th¢ Chlty Conynis$ion relating to public benefil iticluthng the guidanGe'Public benefit: nllming a charity (PB2)'. Achievements and performanee We now working in the n]ajority of primary schcols aDd two se¢oDdary s¢hools in Crawley. In primary schools we have delivered assemblies, RE workshops (related to Easter and Christmas) and transition W00P$ ftir Year 6s moving onto secondary s¢hool. As well as Ihis w¢ were continue numing lunch clubs in two primary hoOlS after we appointed a new lunch club Co-ordittator. In secondary schools, we hav¢ a mental healtWel1belng course in two local secondary scbools, rnn a lunch club, and organised and ran a 'Praycr Spa¢e'. All of these activilies have been well received by the scbools. We receive feedback about our work OUgh discussion and questionnairc& and act upon the outcomes to ensure that our work is always of the highest standard. We CUTrent]y have 4 part time stsff members, one of whom appoiDtcd in the September as a Lunch Club COThordinator, and 22 volunteers. Volunteers and staff receive training to eDsure that OUT Work is engaging and appropriate. This wvers for exampl¢. health and saf¢ty and safeguarding. The training also supports a¢tivities in assemblies, clubs and PSHCE sessions. The charity 15 an Associate of Scripture Union, wbo have worked for many years iti s¢hools and children's missions. They provide us with additional trainin8 and resouwes. In addition, a tystee with education experience. monitors assemblies against Ofsted criteri& cUentlY tbey a of a high standar(L It was not always easy to nintain regular contact with OUT sUp)rters and tbe loeaI churcbes. but on the last Sunday in January churches across the town were encouraged to focus on the work of Lwthouse. This ha5 resulted in water awareness of, and 5UPPOrt for our Work. In September we bad a re-comrtitssioDing s¢rvicc for staff, Voluote¢ and trustees. To ensvTe that w¢ regularly reviewing our work and impacL stsff and trustees bad aa Away Day in June to review our work and plan for the future. Financi revie The net incoming resource5 at the end were £1251 {2023". net outgoi0 SoUrceS £6,573). It is tbe tn$, policy to a balance of funds whtch equates to at least tbree nK)nths unrestricted payments, equivalent to £14,0(Kl to cover ¢m¢rgeDry situations that may arise from time to time. Our reserves Currendy exceed this. however as mentioned in our plans for future period5 we plan to tske steps to establish &8semblies in secondary schools as this area of our worked stopped because of Covi page I
THE LIGHTHOUSE PROJECT (CRAWLEY) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 Plans for thture peri(Ml$ During the next year. w¢ plan to continue to expand our work to address our vision that "every child and young person in Crawley will hear about th¢ Chrlstian faith aod will have the opportunity to explore how it could impact their own life". We aittl to do this by developing our partnership with churches so that we are able to support them with our knowled. e and resources. and they are able to support us with volunteer4 prdyer and financ¢s. Ill additton. we plan to lakes steps to escablisb assemblies in secondary schools as rhis area of our work stopped because of Covi¢l This may mean that we appoinr an extrd member of staff. We also pian to expand our lunch club work and the RE workshops that we deliver in PTim8ry schoots. To ensure that our Work is relevant and haviDg impact we plan to continue having an annual meeting of staff and tst¢es wbere we review the past year, and plan for the next. StructDr4 governance and Management The Lighthouse Project (Crawley) is a registered chlty, number 1151019. is constituted under a CIO Foundation Model Constitution dated I l February 2013, as amended on 19 April 2021. The txustees who served duTing the year and up to the datc of Signature of the financial ststem¢nts were.. Mrs R Benwell - Chair Mr I Hancock - Treasurer Rev K Taylor Mr l Johnson Mrs S Lindridge Rev R Poole Rev S Bur5ton (Resigned l July 2024) The trustees are appointed under the cOnltirt1on dated I l February 2013. Any decision may be tsken either: at a Meeting of the charity ttUStees' or by resolution in viriiillg or electroniG fonn ae¢d by aIl of the charity trustses, which may Comprise either a single document or several documents containing the text of the resolution iti like forni to each of which one or more charity trustees bas signified their agreement. All decisions are minuteit The trust¢¢s' report was approved by the Board of Tntstees. Mrs R B¢nw¢ll - Chair Trustee
THE LIGHTHOUSE PROJECT (CRAWLEY) INDEPEI¥DENT EXA[NER's REPORT TO THE TRUSTEES OF THE LIGHTHOUSE PROJECT (CIL4WLEY) I report to the trtees on my examination of the financial statements of The Lighthouse Project (Crawley) (the charity) for the year ended 31 March 2024. Responslbilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial 5taternents in accordance with the Tequirements of the Charities Act 2011 (the 2011 A¢t). I report in respect of my examination of the charity's financial statanents caTried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Chariry Commission under 5e¢tion 145(5)(b) of the 2011 Act Independent exgminer'$ Statement I have completed my examination. I confiTm that no matter5 have come to my attention in CODnection with the examxnation giving n]e cause to believe that in any material respeet: accounting records were not kept in respecl of the clwity as required by section 130 of the 2011 ACL or the financial statements do not accord with those records: or the financial statements do not comply with the applicable requirnents concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that th¢ accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no Concen and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. D4rreD Ha ACA FCCA DChA Richard Place Dobson Services Limited 1-7 Station Road Crawley West Sussex RHIO IHT
THE LIGHTHOUSE PROJECT (CRAWLEY) STATEMENT OF FINANCIALACTIVITIES INCLUDJI¥G INCOME AND EXPENDuRE Accouwr FOR THE YEAR EIVDED 31 MARCH2024 UDrestrirted Dds 2024 Restricted funds 2024 Tot81 UDrestrSeted funds 2023 2024 Notes Income and endowments frnm: Donations and legacies Other income 59,090 265 328 59,418 265 45,863 589 Total income 59.355 328 59,683 46,452 ExpeDditure on: Charitable activities 58,104 328 58,432 53,025 Total charfitable expenditure 58,104 328 58,432 53,025 Net movement In funds 1251. 1,251 (6,573) Reconciliatlon of funds: Fund balances at l April 2023 33,651 33,651 40,224 Fund balances at 31 March 2024 34,902 34,902 33,651 The statement of financial activities includes all gal and losses recognised in the year. All income and expenditure derive from continuing activities.
THE LIGHTHOUSE PROJECT (CRAWLEY) BALANCE SHEET ASAT31 WCH2024 2024 2023 Notes Fixed assets Tangible assets li 1,050 1,664 Current assets Debtors Cash at bank and in hand 12 1235 34.801 1,038 33.818 36.036 Creditors: amounts fal]Ing due wlthin one year 34.856 13 {2.184) (2,869) Net current assets 33,852 31.987 Net Assets 34,902 33.651 The funds of the charlty Unrestricted fimds 34,902 33.651 34.902 33,651 The fmancial statements were approved by the trustees on Mr I Hancock . Treasurer Trustee page 5
THE LIGHTHOUSE PROJECT (CIUWLEY) NOTES TO THE FINAI¥CIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Ch2rity illforn]ation The Lighthouse Project (Crawley) meets the definition of a public benefit ¢ntity under FRS 102. Assets and liabilities are initially recognised at historical cost OT tranwtion value unle&s otherwtse stated in tbe relevant accounting policy. 1.1 Accounting tonvention The financial statements have been prepared in 2ccord8n¢e with the charity's Foundation Model Constitution, the ChaTities Act 2011. FRS 102 'The Finaneial Reporting Standard appIieable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "Accounting and Reporting by Clwities: sterneAt of Recommended Practice applicable to charities prepartng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). (effective l January 2019). The chaTity is a Public Benefit Entity as defmed by FRS 102. The chlty bas tsk¢n advantage of the provisions in the SORP for charities not to Ptcpare a Statement of Cash Flows. The fmancial ststements have been prepared to give a 'true and fairf view and have departed from the Charities Accounts and Reports) Regulations 2008 only to tbe extent required to provide a 'te and fairf view. This departure h&8 involved following the Chartties SORP (FRS 102) published on 16 July 2014 rdther than the Accounting and Reporting by Charities.. Statemen¢ of Recommended Practice effective from l April 2005 which has since been withdrawn. 1.2 Goiog Concern At the time of approving the financial statements, the trustees have a reasonable expectstion that the charity has adequate resources to eontinue in operational existence for the foreseeable [ure. Thus thc trnst¢es continue lo adopt the going concern basis of accounting in preparing the finan¢ial statements. 1.3 Charltabl¢ funds General Lfijnds are unrestricted fimds which are available to use at the discretion of the Tnte¢S in fiJrtberan¢e of the seneral objectives of the clwity and which have not been designated for other PUTposes. Restricted Funds are funds which a to be used in accordance with specific restrictions imposed by donors or whicb have been raised by the charity for particular ptuposes. The Cost of rnising and administering such fim(Ls are charged against the specific fill]Lt The aim and use of each restricted fill)d is set out in the notes to the financial staternents. 1.4 IDcome All inconLe is recognised once the charity bas entitlement to the income. it is probable that the iAcome will be received and the amount of in¢ome receivable be measured reliably. Income t recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Interest on fimds held on deposlt is included when rettivable and the amount be measured reliably by the charity; this is nornially upon notificatioD of the interest paid or payable by the institution with whom the funds are deposited.
THE LIGHfHOUSE PROJECT (CRAWLEY) NOTES TO THE FINANCIAL STATEMEIXryS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Aeeounting policies (Continued) 1.5 Expenditure Expenditure is recOlsed once theTr 1$ a le8al or ¢onstN¢tive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement. and the arnount of the obligation can be measLLred reliably. Expenditure 15 classified by aaivity. The costs of each activity are made up of the total of direct costs and shared costs, including support Costs involved in undertaking each activity. Direct costs attributable to a Single activity are allocated dir¢¢tly to that activity. Shared costs which contribute to moff than one activity and support costs which are not attTibutable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs arc allocated on the basis of time spenL and depre¢iation charges are allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any $Slated support costs. All expenditure is inclusive of irrecov¢rnble VAT. 1.6 Tanglble fixed assets ComputrT5 250/0 straight line 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand. dq)osits held at call with banks. other short-terni liquid investtnents with original matiltIeS of three months or less, and ballk overdtafts. Bank overdrafts are shown within borrowin8s in current liabilities. 1.8 Financia] instruments The charity only has fioaocial assets and fmancial liabilities of a kind that qualify as a basic financial instnllnents. Basic financial instrurnents are initially recogmised at transaction value and subsequently measured at their settlement value. 1.9 Employee benefits The cost of any unused holiday entitlement is recogniwj in the period in which the employee's services are received. TerniiDation benefits are recowd immediately as an expets8e when the clwity is demonstrably committed to tern]inate the emplo)Inent of an employee or to provide ternlijti0n benefits. 1.10 Retirement benefits The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. 1.11 Debtors Trade and other debtors are recognised at the settlement 8mouDt after any trad¢ dIOUnt offered. PrePaents are valued at the amount prepaid net of any trade discounts. 1.12 Liabilitie$ 2nd provisioDS Liabilities are recog]sed when there is an obligation at the Balance Sheet date as a result of past events, it is probable that a transfer of economic benefit will be required in settlemenL and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity aDticipates it will pay to settle the obligation. Where the effect of the time value of money is material. the provision is based OD the present value of those amounts, discounfrd at the pre- tax discount rnte that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Ststement of Fitwicial Activities as a finance COSL
THE LIGHTHOUSE PROJECT (CRAWLEY) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 hL4RCH2024 Crftlcal accollnting estimates and }tsdgements In the application of the charity's accounting policies. the tntee5 are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are twt readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevanL Actual results may differ from these estimates. Th¢ estirnates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates a recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and fiiture periods where th¢ revision affects both current and furure periolts. Income from donations and legacies Unrestricted fvnds 2024 Restricted funds 2024 Totsl Unrestricted funds 2023 Restricted funds 2023 Total 2024 2023 Donations and gifts 59,090 328 59.418 45,863 45.863 Other income Unrestricted Unrestricted funds fuDd$ 2024 2023 Bank interest Repayment interest 265 50 539 265 589
THE LIGHTHOUSE PROJECT (CIL4WLEY) NOTES TO THE FINANCIAL STATEMENTS (coiYfThThD) FOR THE YEAR EIVDED 31 MARCH2024 Erp¢ndithre on charitable adivities Advancing Advancing the Christian the Christiall Faith Faith 2024 2023 Direct costs Staff costs Depreciation and impairn)ent Travelling Training Office supplies & postage Resources for schools work Equipment Insurance Events Other Associat¢ scheme donation 47,458 614 590 752 584 2.846 169 845 311 283 42.242 614 306 1,604 768 2,345 292 748 117 56,452 51,525 Share of support and governance ¢0gts (see Dote 6) Govcman¢¢ 1,980 1.500 58,432 53,025 Analysis by fund Unrestricted fjjnds Restricted fill)ds 58,104 328 53,025 58,432 53,025 Support eosts allocated to actlvltles 2024 2023 Governance costs 1,980 1.500 Analysed between: Advancing the Christian Faith 1.980 1.500 Net movemcllt in funds 2024 2023 The net movement in fi]nds is stated aft¢T thgin(credItIn8}. Depreciation of owned tangible fixed assets 614 614 page 9
THE LIGHTHOUSE PROJECT (CRAWLEY) NOTES TO THE FINANCIAL STATENTs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2(J24 Trustees None of the IStee$ (or any peT50ns connected with them) re¢¢ived any remunuation or benefits frorn the charity during the year. Durin£ the yeaT ended 31 March 2024, rwo trustee's. Mrs Rosemary Benwell and Mrs Sue Lindbridge, were reimbursed eKpens¢s totalling £80 for event costs (?023 - £52 to one tsustee for event C05ts). Employees The average monthly number of employees during the year w&: 2024 Number 2023 Number Employment costs 2024 2023 Wages and Sal1¢$ Otber p¢nsion costs 46,778 680 41,630 612 47,458 42,242 There were no employees whose annual remuneraiion w&s more than £60.(. RemunerAtion of key management personDel The remuneration of key Dwtagement personnel was as follows: 2024 2023 A8¢sale ¢ompcnsation 19,436 16,726 The Trustees consider kry management persoDnel comprise the project leader, who ov¢tsees the staff and the work which is done in schools, nMintsiDs contact with schooLs and churche4 aad gen¢ra]ly manages the day to day ruDning of the cbarity. 10 Taxgtlo Tbe charity is exempt from tax QD income 8nd gains falling wiihin section 505 of the Taxes Act 1988 OT section 252 of the Taxation of Chargeable Gains Act 1992 to the extent tbat these are applied to its ¢tltable objects. page 10
THE LIGHTHOUSE PROJECT (CRAWLEY) NOTES TO THE FINANCIAL STATEMENTS (coiYfINUED) FOR THE YEAR ENDED 31 AURCH 2024 li Tanglble fixed assets Contpvters Cost At l Apiil 2023 2.454 At 31 March 2024 2.454 Depreciation and Impalnttent At l April 20?3 Depreciation charged in the year 790 614 At 31 March 2024 1,404 Carrying amount At 31 March 2024 1,050 At 31 March 2023 I,664 12 Debtors 2024 Amounts fallin8 due wlthlD one year: 2023 Other debtors 1.235 1,038 13 Creditors: amounts falling due within one year 2024 2023 Noteg Defetred income Other creditors Accruals 14 672 1,000 357 1,512 1,512 2,184 2,869 14 Deferred income 2024 21123 Other def¢ed in¢ome 672 Deferred income is included in th¢ financial statements as follows: page 11
THE LIGHTHOUSE PROJECT (CRAWLEY) NOTES TO THE FtNANCIAL STATEMENTS (cowfINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Deferred Income (Continued) 2024 2023 Deferred incom¢ is included within". CutTent liabilities 672 1.000 Movements in the year. Defcrred Ancom¢ at l April 2023 Resources defe¢d in the year 1,000 (328) 1,000 Deferrcd incorne at 31 March 2024 672 1,000 15 Retirement benefit s¢hemes Deflntd contributlon schem 2024 2023 Charge to profit or loss in respect of defined contribution schemes 680 612 The company operates a defined ¢ontribution retiremeat benefit scheme for all qualiffing employees. 16 Restrficted funds The restricted funds of the comprise the uncxpended balances of donatioL and grants h¢ld on trust subject to spe¢ifJc conditions by donors as to how they may be used. At l Aprll 2023 Incomlng resources Resources expended At31 Mareh 2024 328 (328) This restrid fund is a grant in whi¢h The Lighthouse Project received in Match 2023 wtth the sole puwse of being expended on lunch clubs. 17 Unrestri¢ted funds The unrestricted funds ofthe charity comprise th¢ vnexpended balances of donations and grants which are not subject to specific conditions by donors and grnitors as to how they tDay be used These include des1]ated funds which have been set aside out of unrestricd funds by the trustees for specifi¢ purposes. At l April 2023 Ineomlng resources Resources expended At 31 March 2024 General funds 33,651 59.355 (58.104) 34,902 page 12
THE LIGHTHOUSE PROJECT (CRAWLEY) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR EJVDED 31 AL4RCH2024 17 Unrestrietcd fvnds (Continued) Previous ye2r: At l April 2022 Incoming resources Resources expended At 31 March 2023 General funds 40224 46,452 (53,025) 33,651 18 Related party tr#nsattioDs There were no disclosable related party transactions during the year (2023 - none). page 13