2023-03-30-accounts

C￿￿tyn￿Mb•r.' 1179155 LIGHT ASSEMBLY TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023

LIGHT ASSEMBLY Report and Accounts forth• p•rfo(f ond9d 31 March 2023 CHARITY REGISTRAT1014 NUAIBER IP4 ENGLAND MID WALES 11794$5

LIGHT ASSEBLY Reports and Accounts CONTENTS Charity Information Tyuslges annual ￿Port 24 Actountanl's RBport Staiwnent of FinanrAal A¢bvilks Balance Sheet Note¥ toAccounls 8-10

LIGHT ASSEMBLY harity Inlorrnation Trust@è$ Mr Ayoola Ayenl- Chsitrnan Mr AY0de￿ Jos¥ph- Secretary r Bankde Oluw?seun Onalola Ministor ID Charge Pastof TO￿ Fasakin Charlly R¢glstraNon No.. 1179455 Reglstered addr@A$ Beech House Gr68n Stre91 G¢en Road Darttord 8PS Bankers Bardays Bank Accounta*iti Kashcom Limrted 331 SIAbans Road Wesl Hatfi8 Hertfordshira AL10 9RN P￿￿1

LIGHT ASSEMBLY TRUSTEES. REPORT FOR THE PERIOD ENDED 31 MARCH 2D23 The Tiusfft5 9vbmJl ￿e1[ann￿&￿r8￿rt&￿dlkne 51?￿enIS￿l Li9hiAswn IDrIhepEri￿ e￿e￿ 31 Trft8Tch 2Q23. The TIu5tee5(x]nfiim 1hthe ￿￿rt￿nd￿￿IZ1&ateffi￿Thts Ihpwwsi￿ts ￿th9 ¢SORPI.Attts￿￿Éfftd RÈwIlThJtyC￿￿t1Qs. Issu￿ In Ktaitth 2MS Strudur•. goV•￿nc•￿d managwn•nt . cONsT￿uT10N Thochurch Is conS￿L•da5 C￿￿￿L￿1&1r￿w81Od at￿ni￿rIJ￿v￿ reg1Stw￿w￿ tha￿0￿ iXBAuw5t2o18q￿j tharity no11794 METHOD OF WOINTMENTOR ELECTION OFTRUSTEES The Ma￿geMent0fIh1cMrch Is Ih&Téswn5kn1ityoltts TIu51ws plgrle¢ er1hp10￿SO1(he Trust tseo POLICIE$ADOPTED FOR TTrIE114DUCnON AND T￿jPaN$ OF TRU$TEE$ I￿￿[110￿ Pr￿￿55 fDrA nyrtlyAppninled DllhE TTU$￿e5 th￿PriseS￿n In1￿￿1 maètsrovnthol Tr￿￿teÈ5. lo110￿ by3 ￿[1?5 of5￿meth￿SwItr IhB MIA15tÈr1n and mSpo￿lbl￿1É Dflhts T￿S1￿ÈS. d. ORGAtrIISATrONAL8TRUCIUftE W4DDEC1810N MAJ(IMG T￿t￿rch IÈ or9aniÈÈd sa lhatthètru&lÈÉs(Mg1iguu￿rtl10 manago11& aff¥Ars TrgdaytodayathT￿￿lr￿￿n of1hbcMrthiS man￿￿ by Ih& IN51è •. RISK IIANAGEAIENT T￿tT￿ste￿3 have assessodth8 nwrrisks lowhith IhEclurchi5 wjosed. IDpathLIBrlM￿￿Fte￿tOIhP era110￿4 slldfin8n￿S oFltrtthurch, ar are 9811sfi￿ thBt3y51emsprein pl¥GetomityoleovrFxFoswOtts ObJvGtlvo¥ . POLIC1ES ANDC6JEC7ThES oGtsrflheCh&fjtya￿." ' T￿ stRATEGIES POR ACMIE¥INGWE¢nVES - oroamsmg s#m1￿￿ and WoyAns￿ak￿sArhyrll￿I8tÈlS ofthef￿h￿o m&rnbws In th&varioLtsaSr￿￿￿l￿cr￿lsI4 failh.. and 'SUPPmftwo1horcnantiosanQ chrls11an8￿n .ACTiwfiE5 FORACHIEWNGOBJECfES Evenls

VQLVIITEERS Thpchurch15 gratèful f0rlhpgtt￿s oriisvrAunte¢￿Wh￿￿r￿yo￿ IrtÉ&r￿W￿ry￿l0￿. tt IÈ &slimOtsd ttb81 0￿4 I￿Erh￿rSWOr8 Pthi¢Bd dwfjgth8 y8ar. portornian . REVIEWOFACTMTIE5 makingeffortlOward$11E￿￿d0U$gr<m1h￿n spINI￿lit￿￿1h?￿ur( Int b.IP4VE$T41ENT POUCY AMD PERFORIAtr4CE Tlo T￿51￿?5 hBve If1 èt pre8enl.fMds bStheOin8anks an¢ &W￿l￿g50c￿￿S Any chan99 arrangèm¢nts s￿Id by t￿t￿￿T￿. As faras FxlSSiblE. In Intsiègl bÈanng F5nanc￿l r•vi* 4. RESERVES POUCY Pomcy Th￿trus￿￿5 ¥YikJld I￿•In￿￿rkt(1VSrth asIl￿al￿wh￿the(harItytt￿￿1J maintainunmÈlncW 14vFI.wh￿h￿wltS ID¥pwoxim81olylhrÉa mwih$Qlunr051￿￿a &XP$￿rtu￿e. b PRINCPAL FUNDING This IS provided mainly thiswhw￿Ufjlaryg1blW 0ttithÈ¥0r￿ offerin95bythts¢fw￿h￿￿￿rS1nd￿￿q￿lfj schÉmè. PIEd9ey and laken lorsp8tth . FufuRE DEVELQPMEtrirs ThechuichcDnlpnu?s toexpk)ie yallr￿￿waY6 Dl¢hri51 Thoth￿￿ty 1y4130knk￿g iTrMethrshlpar¢ coThtiNe todevd0prtsm¢rnbErJ1o￿￿k￿Irf&￿￿lty impaEI Ptyo3

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LIGHT ASSEMBLY INDEPENDENT EXAMINER'S REPORTTO THE TRVSTEES OF LIGHT ASSEIALY nnthe orth8 Trustltsri￿pÈrt￿ ID31 Kl3ich2023. Outon￿8￿6 kn 10 RESPECTNE RESPONSIBILtriE50F TIIE TRU5TEESAIID EXNAINER Asihechatilis Trustt￿. are ra5Wn51￿T0T￿h? weperalionolihe Arfxwnt ￿ CO￿ld Iha11ne auOIl req￿rem￿nI￿f￿￿[Ki4￿?Idth￿ Chan1iesAd 19921-IhpArfldoes ¥pIy 11 ￿ My[es￿￿51bI11Yt0Staio. tsasls ofrKr¥t8aurés spÈtfftd In IhÈ Dire￿i0￿9g￿Mn IheChaDlY Co￿￿1$￿10r￿è18 s￿l￿n4￿710f1￿ÈAcl. wh£lhw ￿lE￿I￿rm￿￿rs r)XDe￿ BA￿s OFINDEPENDENTEXMIINER'S REPORT carned￿l lnattr%￿ncé ¥lh Vi8GÉngPal thr¢ciityiggwèAbytsCh&nty tty￿￿￿51￿1￿. AnFxaminalioD I￿luttsa rÈtotds by Cha a ¢xYnWi$on￿ih?MCc￿nlS wesentoowmthosé r8c(rfds 11 also inClu￿ScOnS￿lBTPts￿ Un￿￿￿1 ￿￿15¢￿)sUre5 IDtheAccoMIs. seekingèAplana1￿S a5 Trustees cOr￿n￿￿ atysuth ￿￿tter$ th)notw(Mthiall ￿dI￿. cowuenlly I dD nolewTes3 an aUdil0￿￿on oThthtsview9i¥enbylbp AccDunls. IWDEPENDENTEXAI41NER'S STATEMENT In C￿n&￿Il0￿WItr myÈxaminèlign no mallwhBS(KWOtomy att8ntdDn 1 WhichQbweS me reaSDn?blpc8u5e lo rna￿￿￿1 "itsknepdLL￿Trtsry rowtds In￿r¢B￿ce￿￿h sect￿41 01 tho Acl. "topr8oal•aÈ￿Trt5wknlth acEordwilh lhe4c￿nN￿O rtsouirtm&nlsOll￿A￿. HBvenol been Met o 2 Tothich, ￿ my ￿￿]￿. attenti￿ bediavmt0oThèbloapr￿tU￿*￿ta￿￿ry oTthe cwn13n15 331 S14b￿8RDad￿i$t AL10 9RN P&u8 5

LIGHT ASSEMBLY Statement of Financlsl AC1¥￿IeS ftr the rlod ended 31 March 2023 2023 2022 NJ$6 unr8sknc￿d Re6ththd T(tsl VoEunW Inccynp. dD[b8￿￿ GraDts 23.13B 23,138 9.970 73.131 RMoui¢•s E nd•d 28.239 6.539 28,239 6.539 25.669 10.127 .20 IDcomI￿¢0L1gobngl R•￿￿r￿lI¥￿•yBar T.238 Tot41 lundatQl ArAI 2012 13.643 13.643 ToLilfunds at 31 *Aarth202J 14.54J 14,54J I di￿105Uro% cDThtiM1rp(wrth￿S arg Mrwniséd 99￿￿01&)￿$￿S owrthg P406

UGHT ASSEMBLY Bal&n¢g sheet Bs at 37 March 2023 2￿3 20 No FIXED AS8Erg T￿1￿1￿ FINedAsÉéts 8,391 1D.5fj1 ¢VRPENT ASSEf5 Dpbrors Cash Bank CRÈDtroRS.. 400 375 14ET tVFRENT ASSÈTS TOTAL ASSETS LESS ¢VRRENT U*klUnES 13,991 13.613 CPEDITORS.. Ar￿￿￿tfallI￿9dwn￿￿O￿&n? yoar NET A55ETS I3.￿5 ACCUIAVLATEO FUIIDS TQTAL FUNDS 13.991 13.&13 1S643 AkpwtyI￿T￿s18ÈSXndSVeOc￿￿Elr mrAyr￿Ay¢ 2910712024 Pag8 7

LIGHT ASSEMBLY Not•$ ro the financial stat•m•ntB for th oriod oTrded 31 March 2023 ACCOUNTING PoL￿leS 1.1 Basls of pr•pArtU¢rt Co￿nisha￿8 ￿9Th￿repar8dvndBr[k¢￿Iyknc81 Rewming S(￿d￿rdI￿r smlÈr Enblies le￿¢￿￿￿ JpnuFry 2￿7)Tr flnanclal sLatémgntsha￿ LwnptwFredln lffftslat￿0rnlofRQ[Ornrtv￿ PraC1￿p{so￿P),-AC￿nI1￿pandRÈMry byChgrts- Pu￿15￿￿ In 2W53nd 5tsndFid5 fyntts ￿PU￿re91￿ctod￿fft￿S W￿￿￿aréaWaIIÉbl¢ I￿￿$￿¥t￿P￿13￿re￿on￿theT￿stÉ95 Int￿rth8￿¢ olth a ¢14e¢bv?5 gfthechurch ar￿ th￿￿Tha¥0 IDrolthT 15Ed tylhechwth part1￿11￿r￿sÉÈ ThE cp51ofiFAWy 8nd ￿￿inIs￿￿￿3S￿h agJiTrstiho S￿lf￿{u[￿ 10t￿ 8ccoML l.Jlrb￿r¢￿ln9r48QUr￿1 Thase FreiecogfjL%ed In I￿llin thè5ts1èmyrt(F4Tr8nc￿1￿￿lWthSInthO ￿￿DdiN￿rIChthWY￿r 1rtclu￿￿ Incomfr(wntllhèÉ. Imwoslrsc￿vOQ durlrwJtha at¢tsunivdtr?s roslnclod orunrÉslfft¢t¢wr 2.1 htow." 7023 20 TIlMs8 Oftp 25.4S2 23.13B 23.1 2023 2022 GraThts 9.970 Th&Cttarfty rÈtÈivÉdgvrtgfrDm l￿￿cour￿lS￿￿¥1￿.1S Èurwrt¢wn9 Ikeyew 3.CHA￿TABLEACTIW￿ESIDlMrlc￿￿t1h1•+xP•nd￿uféuttr￿l￿l￿I0￿> *1 ÈxpBndilure direc11y relat￿ lo owls DfthÈt￿￿lIY 11 ¥60 Irt￿￿?5t￿ experthlwo Ill SUPPOrtOllhala&'ivJtywhO￿ nFlen¥. 3,Q78 8.2e5 R•pa￿S lal atliort. ChWm85 ￿C HorVJfai￿M 4T4ndrn8thaèX￿r Tfainiroex￿￿0s Tran5FMeyns8& B￿kCh￿￿S 1.4fj6 S67 1.8JS 426 J87 28,239

4 GOVERNhJ4CE COSTS 2021 375 Leg41 protB55X￿eNp￿y￿5 BIAJn 6.539 4.1 NET MOVEMENTINFUNDS FOtITHE YENR 2023 Tts W Mov￿￿pnlrn hnds 1prlh8p81￿ 1S5tr1ed R4[ch￿l 2D22 35 5.607 LWI proè54¥Jnawth D¥pterialion 4.170 5.DEPRE¢L4VOPI tprecialiOn 15 pr￿￿￿￿#1 rple5 caIr￿laI￿tg ￿lIe￿N th&￿￿tarVa￿all￿￿0rfiXed as eTtheifèxPEd useful Ii¥¢F 51cequpW￿t 2sWStr￿1l￿9 I FUTr4DS nrpstrktsd R•slrtet¢d Tut•l Fund Funds Total Funds 2D23 2023 20 20T2 Al 01 Apnl ZQ22 SwpluWID&fi¢rt1fw￿ yÈgr 13.813 13.643 7.2J8 At31 ￿arch 2023 14.$43 14,543 7. FLYEDASS2T& E4ulpmit C￿t AlQl Aw12022 16.681 tE.681 31 Mch Z023 Atol April ZOZ2 year 6.120 4,170 Al 31 W23 Plpl boDkvalyo 31 202$ 6.297 At 31 Mèrch2022 10.$61 . DEBTOR5 202J Loan P¥9è9

9.CREDITOR8.' ￿0￿mISFILLI￿O￿ElThImC￿￿yE￿ 2023 2021 400 375 10. UNRESTRICTED FbNDS Th￿are gran15 U￿alIDn5 rècBlv￿0T rÈ[￿ablfi lTrrlhp(*￿l5 gfttwiclwFtrywthwl W￿￿clI￿￿s 10.1 RESTRKTEO FUXD8 Res1￿1￿ lundsatÈ uS¢Jt¢tthF by1￿￿￿￿. crlenais Id•ntifiodto t￿ty￿ INutefjl