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← Light Project Peterborough

2024-03-31-accounts

Charity Registration No. 1159764

LIGHT PROJECT PETERBOROUGH

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

LIGHT PROJECT PETERBOROUGH

CHARITY INFORMATION

Registered Address

The Garden House Gravel Walk Minster Precincts Peterborough PE1 1YU

Trustees

T Alban Jones M Green M Jackson P Logan A Lidgett

Bankers

CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Independent Examiner

Robert Anderson BSC (Hons), FCA, CTA Streets Chartered Accountants Enterprise House 38 Tyndall Court Commerce Road Lynchwood Peterborough PE2 6LR

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their report and financial statements of Light Project Peterborough for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Charitable object

The purpose of the charity is the relief and prevention of poverty and the promotion and preservation of good health by way of providing funds, goods and services to vulnerable individuals, specifically but not exclusively to the homeless or socially isolated, including the provision and facilitation of accommodation, information, advice and guidance, as well as quality support, also via churches to be determined by the charity.

The trustees have paid due regard to guidance on public benefit issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

The vision of Light Project Peterborough (LPP) is ‘Enabling and equipping the church and community to heal the brokenhearted, set free the oppressed and bring good news to the poor.’ To this end LPP serves the Greater Peterborough area through several different exciting projects and activities.

The Garden House

The Garden House has been open since October 2018 and is established as Peterborough’s Homeless Hub. When someone is experiencing homelessness and needs support and hope, they are signposted to this project. On 8th October 2023, we celebrated five years of activities.

Between April 2023 – March 2024, 820 people were supported at The Garden House with a total of 13,879 visits. This is a significant rise of those in need compared to the previous financial year (629 people and 6,144 visits). We were also able to help 415 people to move off the streets and into accommodation between 2023-2024.

In November 2023, we were able to become a seven day a week service, including being open on Christmas Day! This was much appreciated by our Garden House guests especially those who would have found the day challenging and lonely without family or loved ones. By opening at weekends, people can continue to access a safe and secure place and keep themselves distracted from negative activities such as turning to substance misuse.

“It hasn’t been an easy 13 months, but things have got moving and better for me since I started engaging with Light Project Peterborough.” – Bill

Our Garden House Project Workers work closely with each person who comes through our doors so we can understand their exact needs and to seek the right support for them in a personalised and efficient manner.

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Everyone has their own story. Some have had family or relationship breakdowns, some lost jobs, and some had a

decline in their physical or mental health. While others have been fleeing from modern slavery or domestic violence.

There are cases where there are multiple reasons for someone to become homeless or to feel lost in the world.

“I just want to say thank you. You do feel like you are getting assistance and that you’re not alone when you’re at The Garden House. It does make such a huge difference.” – Nigel

Across the city, there are many access centres such as community hubs, specialists such as offending and drugs/alcohol, and civic offices. Without the Garden House project, the homeless community would be lost in the middle of multiple services, spending much of their time bouncing from one to another. This is the importance of the multi-agency approach where we take a lead on bringing organisations together.

In Spring of 2024, we opened an outside unit containing shower and laundry facilities at the Garden House. This will bring both physical and mental benefits to its users. The combination of the showers and our Health Outreach Bus providing onsite wound management, means people have a stronger chance of avoiding infections as well.

The project also has a close partnership with the Police to identify modern day slavery, report hate crime and reduce begging (Operation Luscombe).

We continue to listen and innovate, keeping up with the changes in society and the needs of people we help. One great example of this is that in February 2024, we began a new support group called ‘Seasons’. The aim of the sessions is to provide a safe space for families, friends and loved ones of people who have been or currently are sleeping rough.

Homeless Health

Since September 2023, we’ve been using our new Health Outreach Bus to provide consultations, primarily at The Garden House, but also during outreach into the community. This is part of an active and ongoing relationship with NHS, ICS (Integrated Care System) colleagues to improve health outcomes for the homeless community. The facilities onboard replicate a doctor’s consultation room and can be accessed by anyone due to its accessible ramp.

Every fortnight, the bus is taken to where the Peterborough Soup Kitchen provide food and drink to those who are homeless and hungry. This gives us a further captured audience to offer examinations as well as spread awareness of the support available at The Garden House to those who are unaware of our work.

“As a GP on the Health Outreach Bus, I can be an approachable face of healthcare for patients who feel alienated from conventional GP practice. This helps to build trust and create a less intimidating environment within which vulnerable individuals can start to address their chronic physical and mental health issues.” Dr. Varney, Greater Peterborough Network

We’re proud we’ve also been able to help facilitate other health services for the wider community. North West Anglia Foundation Trust (NWAFT) have carried out prostate screening tests to the public across Peterborough. Hundreds of men have been checked and potentially lives been saved thanks to having access to this medical resource.

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Between April 2023 and March 2024, there were 630 engagements made with drug and alcohol support services including from Aspire (CGL) Recovery Service. We’ve continued a strong relationship with Boroughbury Medical Centre to set up GP registrations and provide check-ups for the people we support. Of the 454 people who presented as homeless for the first time, 148 of them weren’t previously signed up with a doctor. We managed to register 84 of these.

The NHS Integrated Care System have provided vaccinations for flu and COVID-19. Terrence Higgins Trust and I- Cash Sexual Health Services have given sexual health advice and guidance. For counselling, psychotherapy and mental health support, both Cambridgeshire and Peterborough Foundation Trust’s Dual Diagnosis Outreach Team (DDOT) and Greater Peterborough Network have delivered one to one sessions at The Garden House.

“DDOT have been amazing with supporting me in my mental health recovery.” – John

As well as running I-Cash Sexual Health, NHS Cambridgeshire Community Services also provides us support with dentistry and physiotherapy. This means a more rounded health support package can be offered at the Garden House.

Fitness Rush is a mobile gym providing Personal Training. Providing guests with access to gym equipment and advice has been an exciting development to see. There is also the opportunity to complete Personal Training qualifications.

Following feedback from our guests, we managed to secure new funding to begin weekly football sessions at the Peterborough Rugby Club with coaches from the Peterborough United Foundation. Sessions bring a welcome distraction from everyday struggles and have improved guest’s physical and mental health.

“Everyone has their own problems, and playing football gives them the time and space to get away from everything even for an hour or so.” – Brian

Peer Support

We previously had a Peer Support project where a group of volunteers who we have helped, or are still currently helping, wanted to give something back by supporting others who are now experiencing difficult times.

We have now developed this further and have launched our Homeless Heath Peer Advocate Service. This is a training programme for people with lived experience of homelessness to harness their own knowledge and understanding, whilst developing new skills and experience to help them move further along their journey.

“Becoming a Peer Advocate will open up new career opportunities and will help advance my skillset. It’s also created a new support network for me.” – Lee

Peer Advocates have been trained to provide practical and emotional support to those experiencing homelessness. This includes helping to navigate services such as healthcare, mental health support, substance misuse, benefits, housing and being there when things get tough.

Those taking part commit to participate in the programme for six months. By the end of this period, many have gained practical skills and valuable experience, having achieved personal goals positioning them well to move into long-term employment opportunities.

We have also regularly collected feedback from our Peer Advocates and others with ‘Lived Experience’ on different topics and challenges they face. ‘Lived Experience Discussion’ groups are held on a monthly basis so we can listen and seek to understand how we can better support people. Feedback we receive helps not only us but also informs policy makers and service providers so key issues can be tackled within the city.

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Peterborough Night Shelter

Our Peterborough Night Shelter project was launched in early February 2022 and involves providing emergency accommodation to help people immediately move off the streets. Working closely with and receiving funding from central and local government has formed a strong partnership basis for the work. The successes of this project have been a result of the development of accommodation at Peterborough church community sites.

Each unit serves one person and includes a single bed, shower, toilet, sink, a window, storage, and radiators. Places are given to people via referrals either from Peterborough City Council or the Garden House team. Guests are picked up from the units every morning and taken to The Garden House and then returned later in the evening. Our Peterborough Night Shelter Project Workers work closely with each person who is given accommodation so we can understand their exact needs and to seek the right support for them in a personalised manner. This is supported by weekly multi-agency planning meetings.

In February 2024, we added three new shelters to our project, all of which were placed at the Salvation Army. This has taken our total to seven emergency units with the other four situated at Southside Methodist Church, Peterborough International Christian Centre, and Christ the Carpenter Dogsthorpe.

“Being in a Night Shelter unit has been a breath of fresh air. It’s a huge difference from being in a tent. I now have hot water, electricity and a warm bed every night. It’s been a life saver.” – Andrew

This project has shown that ending homelessness is about partnership working and a recognition of the importance of providing safe, supported environments. Our team at The Salvation Army is delighted to be part of a scheme that is helping some of our most vulnerable citizens in Peterborough.” – Major Gary Chaundy, Salvation Army

To support those staying in the unit’s volunteers supply hot meals, visit them regularly and invite guests to take part in church activities to avoid feelings of isolation. In total, these amazing volunteers gave 1,261 hours between April 2023 - March 2024.

The Night Shelter project is unique as it doesn’t rely on the complications of housing benefits for people to be looked after. The shelters provide such a resource to those who are on the edge of society and in desperate need. 22 people who were sleeping on the streets received support with a total of 1252 nights of emergency accommodation delivered.

Street Chaplains

LPP was formed on the work that Street Chaplaincy started back in 2009. Since then, the project has rebranded, but the aim has stayed the same. Chaplains continue to go out into the city centre to listen, talk to and pray with those who need hope and love. This includes signposting to other services or support organisations if needed. On special occasions, gifts are also given out.

“Chaplaincy brings me into my faith because it’s actually walking in the steps of Jesus. You get to meet people and hear their stories. People are interesting, diverse, and loving if you just stop for them and show them dignity and value.” – Gill

We have chaplains who go out on Friday nights, these volunteers provide support to those enjoying the nightlife in Peterborough. They help by giving out bottled water, provide First Aid when needed, and help people into taxis. We have flipflops as well to give people alternative footwear at the end of their night.

‘Pub chaplaincy’ has continued. Every week, chaplains will visit local pubs and be available to anyone who would appreciate a chat or a prayer. Chaplains have helped people who have felt lost or are struggling with particular situations in their life such as a loved one or friend being in hospital. You may come across a Street Chaplain in other places such as a local park or community hubs where teams are regularly active. 1,298 hours of volunteering have been given by our team of 20 Street Chaplains during April 2023 – March 2024.

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Volunteering

We are truly blessed to have such a strong team of volunteers which continues to grow in numbers. 74 volunteers worked with us over this period. With their support, we can be a city-focused, city-change charity. We’ve welcomed volunteers from all ages and backgrounds but who all have the same aim: to help others. They offer their time to build up their skills and experience, to make a positive difference in their community, some retired and others use it to make friends or overcome grief and loss.

“I love volunteering as it involves having interactions with people who share their amazing stories. It also opens up your mind and I end up not just giving to others but gaining something valuable myself.” – Antonella

Volunteers at the Garden House will serve food and drink along with a friendly smile and a listening ear. Over time, they often build up strong rapports with some of the Garden House guests which can have such a positive impact especially on those who might feel anxious or alone.

We also have volunteers who have supported us in other ways such as helping to maintain or improve our buildings and grounds. Having a network of people with different skill sets and attributes really helps us to deliver the quality of service we provide.

Several activities have been held during the past year to thank and celebrate our volunteers including a summer BBQ hosted by staff and trustees to show our appreciation for those who have given up their time to help us. During December, staff, trustees, volunteers and guests joined together for our second Curry and Carols evening.

We also had our first Celebration Evening held at the Allia Future Business Centre. Volunteers who have supported us for a year or more received certificates as a small token of our appreciation.

“Working with the amazing staff and volunteers has helped me to im prove my social and communication skills. I’ve learnt the importance of serving others in need, being polite and respecting people from different backgrounds. I am inspired by the stories of individuals who have overcome obstacles in their lives with the help of Light Project Peterborough.” Lawrence

Enabling and Equipping Others

We have continued to support many in the community to develop their work to alleviate poverty and contribute in meaningful ways.

Across Peterborough is a website that showcases and promotes the amazing work undertaken across the city. Across Peterborough provides information about events that help people, good news stories and job opportunities. It is supported by a monthly mailout to subscribers. A Facebook page also supports posting on the website and information on the mailouts. We also piloted a city wide Across Peterborough magazine, compiling and producing 500 copies for the community to compliment and grow this work.

We regularly engage with other organisations and people who are endeavouring to support others through day-today activities, workshops and the facilitation of projects within the community. Our projects are currently active in 8 community settings.

We facilitated a Civic Prayer Breakfast where over 50 Christian and Civic leaders came together to consider the impact and development of their activities. Quarterly meetings are in place where conversations have included shared learning and improved communication. Conversations have taken place with Police, NHS and Local Authority leaders to consider the ways that Church communities are contributing to social impact and where developments can be made. These have included bespoke and targeted workshops on Homelessness, Anti-Social

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Our digital and social media presence is important to our work, focussing on getting good news out to the community, increasing awareness of our work and encouraging others to help those in need. At end of March 2024 on LinkedIn, Facebook, Instagram and Twitter we had a total of 8,426 followers. Our Light Project Peterborough monthly newsletter continues with innovative infographics and video content. In March 2024 this had 827 subscribers and feedback continues to be positive on the content and information given.

In Summary

Another good year in maintaining and developing our charitable services. We were really pleased to received words of support from local leaders.

“I have known of and greatly appreciated the fantastic work of Light Project Peterborough for several years now. In my view, the charity is a leading example of how the Peterborough community comes together to help people in need. Peterborough’s Homeless Hub, the ‘Garden House’ is now open 7 days a week! Every single day, people who need help to move off the streets can now get connected to housing, health and employment services.

Furthermore, this important service gives people somewhere to go for peace and solace and contributes greatly to reducing the troubles caused by addictions, begging and anti-social behaviour. As the largest landlord in the city, we at Cross Keys Homes know how incredibly important and valuable but sometimes challenging giving people a home can be. Light Project Peterborough’s support to offer ‘first steps’ emergency accommodation plays a vital part in Peterborough’s response to helping people right on the edges of society.

We will willingly and gratefully continue to offer our advice and guidance to help shape their great work. Bringing the community together, helping volunteers play their part and being a voice to challenge where things are not working is such vital work for our city and Light Project Peterborough is an exemplar of this in everything they do. The charity is a key partner in making Peterborough a better place for us all. It is a true jewel in the crown that we are very proud to be working with and we should be hugely proud of as a city as a whole.” Claire Higgins MBE, Chief Executive of Cross Keys Homes.

“I have been able to meet many kind, warm and supportive people since becoming the Bishop of Peterborough. There are many charities, churches and organisations across our city who are endeavouring to work out their Christian faith, right on the front line where needs are the greatest. Light Project Peterborough is truly one of these!

It has been an honour to spend time with the team and volunteers there and see such love and care taking place. I can see a real commitment and selfless service that is to be commended. The charity helps people on the edges, many from troubled backgrounds and many without hope for the future.

Their work gives people a new belief in themselves, offers so much practical support and shows a ‘light’ of the Kingdom of God on earth. I am pleased to see that the charity is committed to working with the church family, across different denominations and expressions of our faith. I believe they play a key part to in bringing unity, that we might together ‘bring good news to poor’. As I will be, please do keep their teams in your thoughts and prayers.” The Right Reverend Debbie Sellin, Bishop of Peterborough.

“This week, someone who was sleeping rough in Peterborough and had been referred by Light Project Peterborough to Hope into Action, moved into their new home. It is just one example of the importance of joint work and the fact that no one comes off the streets solely through the work of one agency. It’s all about collaboration and joint work. And this is what so impresses me about Light Project Peterborough and the vital role it plays at the sharp end of homelessness in Peterborough.

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

As well as leading the service, Steven Pettican plays a strategic role in bringing agencies and churches together for the benefit of the whole city. This commitment, to both the homeless people they directly serve and to the unity and connection between different groups in the city, is why the work of Light Project Peterborough is so important. As a fellow Christian charity in Peterborough, Hope into Action loves working closely with Light Project Peterborough and congratulate them on all they have achieved this past year.” Jon Kuhrt, CEO of Hope into Action.

“It has been such a pleasure working with the Light Project Peterborough team this year. Their work to improve health outcomes for the homeless community is a leading example of how the community can add real value to the work of the NHS. Partnerships are really important in my work and as we are all aware there continues to be significant pressures on health services. By being ‘smart’ in our responses we do alleviate these.

Light Project Peterborough goes over and above in bringing people together to help those in need and I have seen much passion and excellence in doing so. To read that 820 people during the year were supported through the Garden House (with an 80% increase of health engagements on the previous year) is amazing! Each one of these has been given the opportunity and supported to connect to a multitude of health services. This efficient working together in the community has increased access to NHS provision.

I am really looking forward to working with the teams at Peterborough’s ‘Homeless Health Hub’ this year and excited about the potential to further improve health outcomes for people in real need. I would like to thank all involved for all they do.” Rob Murphy, North Care Partnership, Programme Director, NHS Cambridgeshire and Peterborough ICS.

Risks

The trustees and senior team regularly review the principal risks facing the charity and are in the process of producing a full risk framework reflecting the growth in the charity’s activities. The principal risks facing the charity are:

Financial review and reserves policy

The charity's income comes almost entirely from grants and donations. The majority of the expenditure relates to the direct delivery of the projects being run.

The trustees aim to maintain reserves sufficient to cover the general running costs and to allow the charity to continue with its existing projects as well as embarking on new ones.

The trustees reviewed the reserves policy during the year and aim to keep 6 months' rent in accordance with the break clause within the new property lease plus between 3 and 6 months' operating expenditure in unrestricted reserves. In addition the trustees have set aside a number of designated funds relating to specific projects and longer term objectives.

The reserves policy equates to maintaining between £131,000 and £251,000 (2023: £110,000 - £210,000) of available funds. The actual amount of available funds at the end of the year was £217,725 (2023: £200,291) which falls within the range set by the policy.

LIGHT PROJECT PETERBOROUGH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Structure, governance and management

The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits.

The existing trustees are responsible for the recruitment of new trustees and they have developed a comprehensive induction process.

The trustees who served during the year and up to the date of signature of the financial statements were:

T Alban Jones S Bucknell (Resigned 10 April 2024) M Green M Jackson P Logan E Standbrook (Resigned 6 September 2023) C Walford (Until 20 June 2023) A Lidgett (Appointed 6 September 2023)

Approved by the Trustees and signed on their behalf by:

M Green Trustee 11 September 2024

LIGHT PROJECT PETERBOROUGH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIGHT PROJECT PETERBOROUGH

I report to the charity trustees on my examination of the accounts of Light Project Peterborough (the charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiners' report

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute Of Chartered Accountants In England and Wales (ICAEW), which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns 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 accounts to be reached.

Robert Anderson BSC (Hons), FCA, CTA 19 November 2024

Streets Chartered Accountants Enterprise House 38 Tyndall Court Commerce Road Lynchwood Peterborough PE2 6LR

LIGHT PROJECT PETERBOROUGH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Note
Income
Donations and legacies
3
Income from charitable activities
4
Investment income
Other income
5
Total incoming resources
Expenditure
Cost of generating funds
6
Expenditure on charitable activities
7
Total expenditure
Net income / (expenditure)
and net movement in funds
Gross transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward		 Total
Total
Unrestricted Designated
Restricted
Funds
Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
103,227
-
716
103,943
91,093
-
-
609,102
609,102
459,004
8,631
-
-
8,631
695
237
-
933
1,170
329
112,095
-
610,751
722,846
551,121
4,075
-
23,090
27,165
3,600
70,585
20,392
590,568
681,545
403,565
74,660
20,392
613,658
708,710
407,165
37,435
(20,392)
(2,907)
14,136
143,956
(20,000)
90,162
(70,162)
-
-
17,435
69,770
(73,069)
14,136
143,956
200,290
118,032
226,689
545,011
401,055
217,725
187,802
153,620
559,147
545,011

The notes on pages 15 to 23 form part of these accounts.

LIGHT PROJECT PETERBOROUGH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Prior financial year

Note
Income
Donations and legacies
3
Income from charitable activities
4
Investment income
Other income
5
Total incoming resources
Expenditure
Fundraising expenditure
6
Expenditure on charitable activities
7
Total expenditure
Net income / (expenditure)
and net movement in funds
Gross transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward		 Total
Total
Unrestricted Designated
Restricted
Funds
Funds
Funds
Funds
Funds
2023
2022
£
£
£
£
£
69,603
-
21,490
91,093
89,879
-
-
459,004
459,004
498,929
695
-
-
695
-
329
-
-
329
730
70,627
-
480,494
551,121
589,538
-
-
3,600
3,600
-
10,023
8,628
384,914
403,565
421,297
10,023
8,628
388,514
407,165
421,297
60,604
(8,628)
91,980
143,956
168,241
(30,000)
30,000
-
-
-
30,604
21,372
91,980
143,956
168,241
169,686
96,660
134,709
401,055
232,814
200,290
118,032
226,689
545,011
401,055

LIGHT PROJECT PETERBOROUGH

BALANCE SHEET AS AT 31 MARCH 2024

Note 2024 2023
£ £
Fixed assets
Tangible assets 10 87,802 38,032
Current assets
Debtors 11 141,636 2,827
Cash at bank and in hand 434,009 535,988
575,645 538,815
Creditors: amounts falling due within one year 12 (104,300) (31,836)
Net current assets 471,345 506,979
Total assets less current liabilities 559,147 545,011
Funds
Restricted 16 153,620 226,689
Designated 17 187,802 118,032
Unrestricted 217,725 200,290
559,147 545,011

The accounts were approved by the Trustees on 11 September 2024

Mark Jackson Trustee

LIGHT PROJECT PETERBOROUGH

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

Note
Cash flows from operating activities
Cash generated from / (absorbed by) operations
15
Investing activities
Purchase of tangible fixed assets
Net cash used in investment activities
Net increase / (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 £
£
£
£
(31,817)
176,859
(70,162)
-
(70,162)
-
(101,979)
176,859
535,988
359,129
434,009
535,988
2023
2024

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

Light Project Peterborough is a charitable incorporated organisation registered in England and Wales.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted general funds are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.

Restricted funds are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probably that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure is included on an accruals basis. All costs have been allocated directly to a charitable activity and therefore there are no support costs to allocate between activities.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Mobile health unit 20% straight line Computer and equipment 33% straight line Motor vehicles 20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are 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 future periods where the revision affects both current and

3 Income: donations and legacies

Regular donations
One off donations
Gift aid reclaim
Church donations
Other donations
Legacies		 Total
Total
Unrestricted Designated
Restricted
Funds
Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
8,873
-
396
9,269
8,878
41,392
-
20
41,412
35,626
10,928
-
-
10,928
8,774
7,418
-
-
7,418
13,077
24,616
-
300
24,916
24,738
10,000
-
-
10,000
-
103,227
-
716
103,943
91,093

4 Income from charitable activities

Peterborough City Council
DLUCH
The National Lottery
Grants: other		 Total
Total
Unrestricted Designated
Restricted
Funds
Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
-
-
253,816
253,816
167,925
-
-
57,283
57,283
100,000
-
-
145,890
145,890
151,445
-
-
152,113
152,113
39,634
-
-
609,102
609,102
459,004

5 Other income

Other income
Total Total
**Unrestricted ** Designated Restricted Funds Funds
Funds Funds Funds 2024 2023
£ £ £ £ £
Other income 237 - 933 1,170 329

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

6
Cost of generating funds
Unrestricted
Designated
Restricted
Total
Funds
Funds
Funds
2024
£
£
£
£
Fundraising costs
4,075
-
23,090
27,165
7
Expenditure on charitable activities
Unrestricted
Designated
Restricted
Total
Funds
Funds
Funds
2024
£
£
£
£
Salary costs
32,557
-
220,636
253,193
Employer's national insurance
3,609
-
16,000
19,609
Employer's pension cost
751
-
4,000
4,751
Recruitment costs
299
-
298
597
Other staff related costs
32
-
959
991
Guest expenses
26
-
19,826
19,852
Direct costs: other
-
-
180,212
180,212
Volunteer expenses
-
-
278
278
Consultancy & project work
-
-
77,450
77,450
Marketing
1,544
-
2,272
3,816
Rent
-
-
18,492
18,492
Rates
1,286
-
-
1,286
Insurance
2,745
-
168
2,913
Electricity
-
-
10,229
10,229
Repairs & renewals
6,939
-
9,352
16,291
Cleaning
-
-
9,107
9,107
Vehicle costs
(948)
-
7,910
6,962
Travel & subsistence
1,031
-
161
1,192
Printing, postage & stationery
3,720
-
2,054
5,774
Telephone & internet
1
-
1,550
1,551
Computer costs
7,179
-
3,893
11,072
Accountancy
11,231
-
-
11,231
Consultancy & professional fees
218
-
42
260
Bank charges
2,448
-
-
2,448
Subscriptions
(4,083)
-
5,679
1,596
Other expenses
-
-
-
-
Depreciation
-
20,392
-
20,392
70,585
20,392
590,568
681,545
Analysis
Direct charitable activities
19,989
20,392
590,568
630,949
Support costs
50,116
-
-
50,116
Governance costs
480
-
-
480
70,585
20,392
590,568
681,545		 Total
2023
£
3,600
Total
2023
£
206,325
12,543
3,939
1,024
891
4,006
95,006
917
65
3,465
18,492
1,204
468
6,781
7,855
6,370
856
769
4,518
1,557
10,829
4,667
-
1,597
793
-
8,628
403,565
397,301
5,784
480
403,565

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. No expenses were reimbursed to trustees during the year.

9 Staff costs

Salaries
Social Security costs
Pension costs
Average actual number of employees		 2024
£
279,541
19,609
4,751
303,901
11		 2023
£
206,325
12,543
3,939
222,807
9

The remuneration of key management personnel relates to the Chief Executive and amounts to £53,160 (2023 - £48,000). No employee earned £60,000 p.a. or more.

10 Tangible fixed assets

Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Mobile health
unit
Plant &
equipment
Motor
vehicles
£
£
£
27,596
12,023
23,096
70,162
-
-
97,758
12,023
23,096
-
9,283
15,400
13,032
2,740
4,620
13,032
12,023
20,020
84,726
-
3,076
27,596
2,740
7,696		 Total
£
62,715
70,162
132,877
24,683
20,392
45,075
87,802
38,032

All of the fixed assets are used for direct charitable purposes.

11 Debtors

Accrued income
Prepayments
Other debtors		 2024
2023
£
£
129,388
-
8,884
2,827
3,364
-
141,636
2,827

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

12 Creditors: amounts falling due within one year

Trade creditors
Accruals
Deferred income
Taxation and social security
Other creditors		 2024
2023
£
£
82,488
14,913
4,441
4,516
-
6,038
134
554
17,237
5,815
104,300
31,836

13 Lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments

Expiring within 1 - 2 years 2024
£
-		 2023
£
18,492

14 Related party transactions

During the year the charity paid rent amounting to £18,492 (2023: £18,492) for the rental of the property used for the Garden House project to Peterborough Cathedral, at which T Alban-Jones is a member of the Cathedral Chapter.

15 Cash generated from operations

Surplus / (deficit) for the year
Adjustments for:
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) / decrease in debtors
Increase / (decrease) in creditors
(Decrease) in deferred income
Cash generated from / (absorbed by) operations		 2024
£
14,136
20,392
(138,809)
78,502
(6,038)
(31,817)		 2023
£
143,956
8,628
47,261
11,771
(34,757)
176,859

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

16 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Homelessness
Overnight provision
Peer support
Volunteer support
Pods: DLUHC
Pods: other
Mobile health unit
Health hub
Fenland health project
Chaplaincy
United Christian projects		 Balance at
31 March
2022
Incoming
resources
Resources
expended
Transfers
Balance at
31 March
2023
Incoming
resources
Resources
expended
Transfers
Balance at
31 March
2024
£
£
£
£
£
£
£
£
£
10,752
271,387
(235,034)
-
47,105
234,103
(249,302)
-
31,906
20,473
276
(3,178)
-
17,571
276
(2,226)
-
15,621
-
35,689
(32,374)
-
3,315
44,668
(13,858)
-
34,125
-
487
(487)
-
-
5,366
(5,366)
-
-
-
100,000
(57,282)
-
42,718
57,283
(98,794)
-
1,207
27,662
53,719
(46,822)
-
34,559
50,614
(46,824)
-
38,349
72,404
-
-
-
72,404
-
-
(70,162)
2,242
-
-
-
-
190,969
(169,116)
-
21,853
-
-
-
-
21,120
(13,200)
-
7,920
3,418
18,701
(13,102)
-
9,017
6,352
(14,974)
-
395
-
235
(235)
-
-
-
-
-
-
134,709
480,494
(388,514)
-
226,689
610,751
(613,660)
(70,162)
153,618

The homelessness, overnight provision and pods funds are restricted funds set up to receive grants and donations specifically related to the overnight and day care provision for the homeless. They consist of a variety of grants from different organisations as well as many one of private donations and some regular monthly donors.

The mobile health unit relates to a grant to build a specialised mobile health vehicle unit, which was completed in the year and the expenditure was transferred to the designated fixed asset fund.

The health hub and Fenland health funds are for health related projects linked to people in need.

Funds were received specifically to support a peer support worker and volunteer coordinator.

The chaplaincy and united Christian projects funds relate to joint projects between churches and chaplaincy work across the city.

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

17 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Fixed asset fund
Property development
New opportunities fund		 Balance at
31 March
2022
Incoming
resources
Resources
expended
Transfers
Balance at
31 March
2023
Incoming
resources
Resources
expended
Transfers
Balance at
31 March
2024
£
£
£
£
£
46,660
-
(8,628)
-
38,032
-
(20,392)
70,162
87,802
40,000
-
-
30,000
70,000
-
-
20,000
90,000
10,000
-
-
-
10,000
-
-
-
10,000
96,660
-
(8,628)
30,000
118,032
-
(20,392)
90,162
187,802

The fixed asset fund relates to the book value of fixed assets.

The property development fund has been set up to begin to set aside a capital sum for potential future property development.

The new opportunities fund has been set up to ensure funds are available to support a new project that the trustees believe the charity should pursue.

LIGHT PROJECT PETERBOROUGH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

18 Analysis of net assets between funds

Analysis of net assets between funds
Fixed assets
Current assets / (liabilities)		 Total
Total
Unrestricted
Designated
Restricted
funds
Unrestricted
Designated
Restricted
funds
funds
funds
funds
2024
funds
funds
funds
2023
£
£
£
£
£
£
£
£
-
87,802
-
87,802
-
38,032
-
38,032
217,725
100,000
153,620
471,345
200,290
80,000
226,689
506,979
217,725
187,802
153,620
559,147
200,290
118,032
226,689
545,011