## ANNUAL REPORT 2021
## Our Trust's work and finance
## What we have done
Lighthouse Charity Trust uses Lighthouse Community Church's building and its facilities for the services we provide.
In accordance with our Charitable Object, we seek to reach into the wider community by providing a meeting place and facilities for the community's benefit, so that people can engage in positive activities and leisure pursuits to build social contacts, relationships and support.
In this, our seventh year we faced, from its outset, a time of severe restrictions in the midst of the Covid pandemic. The whole year was a virtual shutdown with no opportunity for community involvement.
All our hirings and group meetings were suspended, apart from our “Little Ones” group for infants 12 months of age or younger in supporting families, through consultation with our County Council, and in compliance with their Covid regulations. This facility began in September 2020; then in February 2021 it was also available for those up to 2 years of age, still functioning under strict social distancing rules.
## The money that the Trust has received
Lighthouse Charity Trust.
Income for this year has been severely affected by the suspension of our hirings and groups. Small sums have been received from the “Little Ones” group and from the administration of the Football Club finances when it was eventually able to function after restrictions on outdoor activities were eased.
Sheringham Shed and Priory Patch.
A Covid grant from North Norfolk District Council paid for their utilities, insurance and administrator’s salary after furlough.
Sheringham Shed also received a generous donation from makers of covid masks.
As with Lighthouse Charity Trust, the plans and activities of Shed and Patch were severely hampered by the year’s lockdowns and necessary restrictions.
At the Shed, when it became safe to do so, the building was able to open for a few limited events. “Outside the Wire” (a Service Veterans Support Group) were also able to meet, providing much encouragement and support for its members.
The Patch, being outdoors, also met responsibly after lockdowns. Those attending worked to clear, improve and plant the site. They benefitted from the encouragement gained by working, connecting and sharing with others.
## How the Trust has spent the money received
The closures, resulting in virtually no income, have prevented the Charity from making donations to the hiring church or other bodies. Nevertheless, it has been able to pay its annual insurance and accountancy fee out of its held reserve.
Lighthouse Charity Trust are custodians of Sheringham Shed and Priory Patch finances. In line with our Charitable Object to be of benefit to the community, the building and gardening plot will be opened up further for use, when restrictions ease, to provide an environment, facilities and support for users with varying needs.
Lighthouse Charity Trust’s main challenge for our next year, as recovery begins, is to rebuild our community links, provision and service.
Also, apart from holding a reasonable contingency, maintaining good stewardship of our assets and responsibilities, and seeking awareness of how the Trust should develop, our focus - rather than accumulating a large account balance - will continue our commitment to be of positive service, support and encouragement within our community and the wider area.
Lighthouse Charity Trust
Statement Of Accounts
Year Ended 31st August 2021
## **Lighthouse Charity Trust**
## **Year Ended 31st August 2021**
## **Contents**
||Page|
|---|---|
|Accountants' Report|1|
|General Fund Income and Expenditure Account|2-3|
|Sheringham Shed Income and Expenditure Account|4|
|Balance Sheet|5|
|Fixed Asset Schedule|6|
## **Lighthouse Charity Trust**
## **Accountants' Report**
## **Year Ended 31st August 2021**
We hereby certify that the accounts for the year ended 31st August 2021 set out on pages 2 to 6 have been prepared, without carrying out an audit, from the Charity's accounting records and information supplied by the Treasurer.
Our accounting procedures include examination, on a test basis, of evidence relevant to the amounts and disclosures in the accounts and an assessment of whether the accounting policies are appropriate to the Charity's circumstances, consistently applied and adequately disclosed.
We have obtained all information and explanations which we considered necessary to enable us to give reasonable assurance that the accounts are free from material errors.
In our opinion the accounts reasonably reflect the state of the charity's financial affairs as at 31st August 2021 and of its surpluses for the year then ended.
## **Timothy Hignett and Partners Limited**
7 High Street Cromer Norfolk NR27 9HG
10th June 2022
Signed on behalf of the Trustees on 10th June 2022
## **S R Charsley, Treasurer**
## **Lighthouse Charity Trust**
## **General Fund Income and Expenditure Account**
## **Year Ended 31st August 2021**
|**Income:**
Café
Tuck and LCC
Subs
Lettings
New Day
B/fwd
Receipts
C/fwd
General
LCC
LCC SW
LCC Café
STIR
B/fwd
Receipts
C/fwd
Trust
Reserve
Bursary
Reed People
Transfers from S Shed
Donations
Sundry
Football
B/fwd
Receipts
C/fwd
Grants
Bursary
Less: Direct expense|**2021**
**£**
**£**
**£**
-
-
-
64.25
-
-
92.54
-
92.54
-
-
-
-
240.00
-
-
240.00
1,000.00
-
-
-
1,848.52
10.00
-
260.00
3,045.09
(340.00)
2965.09
-
-
-
-
6,220.40|**2020**
**£**
**£**
**£**
2,672.96
1,708.57
2,697.00
12,003.00
1,000.00
3,585.00
0.00
4,585.00
-
214.95
224.00
187.00
-
245.00
(240.00)
5.00
-
-
1,500.00
360.00
2,023.52
-
-
780.00
2,381.25
(260.00)
2901.25
472.42
-
-
-
31,554.67|
|---|---|---|
|**Expenditure:**|||
|---|---|---|
|Café|-|2,170.10|
|Tuck and LCC|-|999.56|
|Wages and salaries|-|1,422.93|
|Rent|-|11,200.00|
|Insurance|990.37|1,018.87|
|New Day|1,049.40|1,630.94|
|Football
B/fwd
-
Expenditure
4,317.42
C/fwd
-
4,317.42
Printing, postage and stationery
43.84
Music licence
157.12
Youth subs expenses
109.69
Accountancy fees
1,130.00
Trust
-
STIR
-
Grant
-
Bursary
112.87
Reed people
-
Youth Donation
-
Utilities for Sheringham Shed
1,912.24
Donations
-
Depreciation charge
2,110.87
Miscellaneous
35.00
LCC
-
LCC SW
-
LCC Café
-
11,968.82
**Excess of income over expenditure**
**(5,748.42)**|239.00
2,063.16
-
2,302.16
152.96
935.10
1,128.60
970.00
2,100.00
5.00
472.42
1,325.68
360.00
553.83
2,023.52
-
2,559.49
60.00
214.95
224.00
187.00
34,017.10
**(2,462.43)**|
|---|---|
## **Lighthouse Charity Trust**
## **Sheringham Shed Income and Expenditure Account**
## **Year Ended 31st August 2021**
|**Income:**
Lettings
Donations
Gift aid
Grants
**Expenditure:**
Priory Patch
Wages and salaries
Cleaning
Insurance
Repairs and renewals
Printing, postage and stationery
Music licence & subscriptions
Professional services
Loan repayment
Utilities
Rates
Training courses
Miscellaneous
**Excess of income over expenditure**|**£**
**£**
200.00
1,624.00
275.00
19,724.02
21,823.02
695.22
7,547.06
118.76
1,558.25
1,578.78
103.95
147.84
429.60
5,000.00
1,130.35
83.63
560.00
465.14
19,418.58
**2,404.44**
**2021**|
|---|---|
## **Lighthouse Charity Trust**
## **Balance Sheet at 31st August 2021**
|**Fixed Assets**
Per schedule
**Current Assets**
Premium account
Barclays current account - LCT
Barclays current account - SS
Cash
Debtors and prepayments
**Current Liabilities**
Creditors and accruals
**Net Current Assets**
**Net Assets**
**General Fund**
Balance b/fwd
SS Excess of income over expenditure
Excess of income over expenditure|£
**£**
245,055.65
0.23
7,076.32
24,404.96
50.00
69.85
31,601.36
(1,540.00)
30,061.36
275,117.01
278,460.99
2,404.44
(5,748.42)
275,117.01
275,117.01
**2021**|£
**£**
246,401.51
-
10,481.75
22,895.60
50.00
192.12
33,619.47
(1,560.00)
32,059.47
278,460.99
276,349.05
4,574.37
(2,462.43)
278,460.99
278,460.99
**2020**|
|---|---|---|
## **Lighthouse Charity Trust**
## **Fixed Asset Schedule**
## **Year Ended 31st August 2021**
|**Cost**
At 1st September 2020
Additions
Disposal
At 31st August 2021
**Depreciation**
At 1st September 2020
Charge for the year
At 31st August 2021
**Net Book Value**
At 1st September 2020
At 31st August 2021|**Total**
**Freehold**
**Property**
**Fixtures and**
**Equipment**
**£**
**£**
**£**
254,339.16
238,723.05
15,616.11
765.00
-
765.00
-
-
-
255,104.16
238,723.05
16,381.11
7,937.65
-
7,937.65
2,110.87
-
2,110.87
10,048.52
-
10,048.52
246,401.51
238,723.05
7,678.46
245,055.65
238,723.05
6,332.60|
|---|---|
Lighthouse Charity Trust
Statement Of Accounts
Year Ended 31st August 2021
## **Lighthouse Charity Trust**
## **Year Ended 31st August 2021**
## **Contents**
||Page|
|---|---|
|Accountants' Report|1|
|General Fund Income and Expenditure Account|2-3|
|Sheringham Shed Income and Expenditure Account|4|
|Balance Sheet|5|
|Fixed Asset Schedule|6|
## **Lighthouse Charity Trust**
## **Accountants' Report**
## **Year Ended 31st August 2021**
We hereby certify that the accounts for the year ended 31st August 2021 set out on pages 2 to 6 have been prepared, without carrying out an audit, from the Charity's accounting records and information supplied by the Treasurer.
Our accounting procedures include examination, on a test basis, of evidence relevant to the amounts and disclosures in the accounts and an assessment of whether the accounting policies are appropriate to the Charity's circumstances, consistently applied and adequately disclosed.
We have obtained all information and explanations which we considered necessary to enable us to give reasonable assurance that the accounts are free from material errors.
In our opinion the accounts reasonably reflect the state of the charity's financial affairs as at 31st August 2021 and of its surpluses for the year then ended.
## **Timothy Hignett and Partners Limited**
7 High Street Cromer Norfolk NR27 9HG
10th June 2022
Signed on behalf of the Trustees on 10th June 2022
## **S R Charsley, Treasurer**
## **Lighthouse Charity Trust**
## **General Fund Income and Expenditure Account**
## **Year Ended 31st August 2021**
|**Income:**
Café
Tuck and LCC
Subs
Lettings
New Day
B/fwd
Receipts
C/fwd
General
LCC
LCC SW
LCC Café
STIR
B/fwd
Receipts
C/fwd
Trust
Reserve
Bursary
Reed People
Transfers from S Shed
Donations
Sundry
Football
B/fwd
Receipts
C/fwd
Grants
Bursary
Less: Direct expense|**2021**
**£**
**£**
**£**
-
-
-
64.25
-
-
92.54
-
92.54
-
-
-
-
240.00
-
-
240.00
1,000.00
-
-
-
1,848.52
10.00
-
260.00
3,045.09
(340.00)
2965.09
-
-
-
-
6,220.40|**2020**
**£**
**£**
**£**
2,672.96
1,708.57
2,697.00
12,003.00
1,000.00
3,585.00
0.00
4,585.00
-
214.95
224.00
187.00
-
245.00
(240.00)
5.00
-
-
1,500.00
360.00
2,023.52
-
-
780.00
2,381.25
(260.00)
2901.25
472.42
-
-
-
31,554.67|
|---|---|---|
|**Expenditure:**|||
|---|---|---|
|Café|-|2,170.10|
|Tuck and LCC|-|999.56|
|Wages and salaries|-|1,422.93|
|Rent|-|11,200.00|
|Insurance|990.37|1,018.87|
|New Day|1,049.40|1,630.94|
|Football
B/fwd
-
Expenditure
4,317.42
C/fwd
-
4,317.42
Printing, postage and stationery
43.84
Music licence
157.12
Youth subs expenses
109.69
Accountancy fees
1,130.00
Trust
-
STIR
-
Grant
-
Bursary
112.87
Reed people
-
Youth Donation
-
Utilities for Sheringham Shed
1,912.24
Donations
-
Depreciation charge
2,110.87
Miscellaneous
35.00
LCC
-
LCC SW
-
LCC Café
-
11,968.82
**Excess of income over expenditure**
**(5,748.42)**|239.00
2,063.16
-
2,302.16
152.96
935.10
1,128.60
970.00
2,100.00
5.00
472.42
1,325.68
360.00
553.83
2,023.52
-
2,559.49
60.00
214.95
224.00
187.00
34,017.10
**(2,462.43)**|
|---|---|
## **Lighthouse Charity Trust**
## **Sheringham Shed Income and Expenditure Account**
## **Year Ended 31st August 2021**
|**Income:**
Lettings
Donations
Gift aid
Grants
**Expenditure:**
Priory Patch
Wages and salaries
Cleaning
Insurance
Repairs and renewals
Printing, postage and stationery
Music licence & subscriptions
Professional services
Loan repayment
Utilities
Rates
Training courses
Miscellaneous
**Excess of income over expenditure**|**£**
**£**
200.00
1,624.00
275.00
19,724.02
21,823.02
695.22
7,547.06
118.76
1,558.25
1,578.78
103.95
147.84
429.60
5,000.00
1,130.35
83.63
560.00
465.14
19,418.58
**2,404.44**
**2021**|
|---|---|
## **Lighthouse Charity Trust**
## **Balance Sheet at 31st August 2021**
|**Fixed Assets**
Per schedule
**Current Assets**
Premium account
Barclays current account - LCT
Barclays current account - SS
Cash
Debtors and prepayments
**Current Liabilities**
Creditors and accruals
**Net Current Assets**
**Net Assets**
**General Fund**
Balance b/fwd
SS Excess of income over expenditure
Excess of income over expenditure|£
**£**
245,055.65
0.23
7,076.32
24,404.96
50.00
69.85
31,601.36
(1,540.00)
30,061.36
275,117.01
278,460.99
2,404.44
(5,748.42)
275,117.01
275,117.01
**2021**|£
**£**
246,401.51
-
10,481.75
22,895.60
50.00
192.12
33,619.47
(1,560.00)
32,059.47
278,460.99
276,349.05
4,574.37
(2,462.43)
278,460.99
278,460.99
**2020**|
|---|---|---|
## **Lighthouse Charity Trust**
## **Fixed Asset Schedule**
## **Year Ended 31st August 2021**
|**Cost**
At 1st September 2020
Additions
Disposal
At 31st August 2021
**Depreciation**
At 1st September 2020
Charge for the year
At 31st August 2021
**Net Book Value**
At 1st September 2020
At 31st August 2021|**Total**
**Freehold**
**Property**
**Fixtures and**
**Equipment**
**£**
**£**
**£**
254,339.16
238,723.05
15,616.11
765.00
-
765.00
-
-
-
255,104.16
238,723.05
16,381.11
7,937.65
-
7,937.65
2,110.87
-
2,110.87
10,048.52
-
10,048.52
246,401.51
238,723.05
7,678.46
245,055.65
238,723.05
6,332.60|
|---|---|