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2025-12-31-accounts

Charity registration number: 1180319

Lighthouse Church, Anglesey (Capel Goleudy Mon) A Charitable Incorporated Organisation

FINANCIAL STATEMENTS AND TRUSTEES REPORT FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

https://www.lighthousechurchanglesey.org/

https://www.capelgoleudymon.org/

Lighthouse Church, Anglesey

INDEX TO THE FINANCIAL STATEMENTS

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

Page
Legal and administrative information 1
Trustees' report 2 - 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 - 15

Lighthouse Church, Anglesey

LEGAL AND ADMINISTRATIVE INFORMATION

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

Trustees:
Charity number:
Charity Address:
Charity Website:
Independent Examiners:
Bankers:
J Gowers-Cromie
(Chair)
G Boyer
P Morton
S Percival
1180319
Carreg Dwr
Paradwys
Bodorgan
LL62 5PB
https://www.lighthousechurchanglesey.org/
(English)
https://www.capelgoleudymon.org/
(Welsh)
Lifestyles Accountancy Limited
39 Kirklees Road
Southport
PR8 4RB
HSBC
2 High Street
Llangefni
LL77 7LU

Page 1 of 15

Lighthouse Church, Anglesey

TRUSTEES' REPORT

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

The trustees submit their annual report and financial statements for the year ended 31 December 2025. The financial statements follow the requirements of the revised Charities Statement of Recommended Practice (FRS 102) (second edition - October 2019) – 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).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Lighthouse Church is a Charitable Incorporated Organisation which was registered on 15 October 2018. It is governed by its Constitution dated 4 December 2017 which is based on the Charity Commission's model governing document for foundation Charitable Incorporated Organisations.

Lighthouse Church is part of the Pioneer UK Network of churches and is a member of the Evangelical Alliance. Lighthouse church currently meets at Llangefni Town Hall, Bulkeley Square, Llangefni LL77 7LR.

During the year the trustees agreed to extend the year end from 31 August to 31 December, simply to match the year end accounts to the internal budgetting process.

Recruitment and appointment of the trustees

The board seeks to achieve a balance of skills and experience amongst the trustees. In order to maintain this, the board reviews its skill and experience mix each year and seeks to recruit new trustees as and when necessary.

There must be at least 3 charity trustees serving at any one time and the maximum number of trustees is 12.

In accordance with the Constitution, apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

Trustee induction and training

To support trustees existing competencies, we refer them to web based training materials appropriate to their role. The trustee team have worked well together during the year meeting approximately every other month. In the coming years we would anticipate adding to the team and specifically looking for people from Anglesey to join the board.

Ongoing training is provided by the board of trustees as and when the need arises.

Risk management

All major insurable risks are subject to normal churches and employers insurance. Annual reviews of risk, such as safeguarding, health and safety are undertaken by the trustees in conjunction with employees and volunteers.

Page 2 of 15

Lighthouse Church, Anglesey

TRUSTEES' REPORT (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

OBJECTIVES AND ACTIVITIES

Objects of the charity

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.

The purpose of the charity is to advance the Christian faith for the benefit of the public in accordance with the essential doctrine and articles of belief of the Pioneer network of churches.

The objects of Lighthouse Church Anglesey are stated in the constitution dated 4 December 2017 and summarised is:

"The proclamation and furtherance of the christian gospel and the preaching and teaching of the word of God in accordance with the essential doctrine and articles of belief of the Pioneer network of churches."

The vision of Lighthouse Church, Anglesey is:

Following Jesus, Building Community and Loving Anglesey.

The values of Lighthouse Church, Anglesey are that:

ACHIEVEMENTS AND PERFORMANCE

Church attendance

Page 3 of 15

Lighthouse Church, Anglesey

TRUSTEES' REPORT (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

REVIEW OF THE YEAR

Following Jesus

Building Community

Page 4 of 15

Lighthouse Church, Anglesey

TRUSTEES' REPORT (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

Building Community (continued)

Loving Anglesey

Page 5 of 15

Lighthouse Church, Anglesey

TRUSTEES' REPORT (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

Loving Anglesey (continued)

Volunteers

We would like to thank all the volunteers who have served, given and helped make Lighthouse Church Anglesey effective in its vision to Follow Jesus, Build Community and Love Anglesey. Diolch!

FINANCIAL REVIEW

Principal funding sources

The major source of income for the charity continues to be from individual donations by members of the church congregation.

Reserves policy

The Charity’s policy on reserves is to generate and maintain a balance which is sufficient:

For these purposes the Charity trustees have agreed that they will endeavour to maintain reserves which would be sufficient to cover at least 3 months expenditure.

As at 31 December 2025, 3 months expenditure was calculated to be about £24,000 and the amount held in unrestricted reserves was £26,779. The trustees acknowledge that this level is currently appropriate since excess reserves are being designated with a view to plant other churches and purchase a building as a permanent base in the coming years. This is why a total of £65,000 remains designated as at the year end. The trustees continue to keep the balance held in reserves under review.

Remuneration of Trustees

All trustees act in a voluntary capacity and receive no remuneration or other material benefits from their services to the Charity.

Out-of-pocket expenses necessarily and reasonably incurred by trustees in promoting the purposes of the Charity are reimbursed at cost.

Page 6 of 15

Lighthouse Church, Anglesey

TRUSTEES' REPORT (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

Financial review of the year

In the year to 31 December 2025 income of £127,998 was received (2024 - £89,285). Costs during the year totalled £128,256 (2024 - £68,508) which generated net expenditure throughout the year of £258 (2024 - £20,777 net income).

PLANS FOR FUTURE PERIODS

General plans

The charity will continue its operations throughout the year, with a view to further its objectives. The charity seeks to further the proclamation of the Christian Gospel and meet the practical needs of the community.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the board of trustees on 2 February 2026 and signed on its behalf by:

----- Start of picture text -----
………………………………
J Gowers-Cromie - trustee
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Page 7 of 15

Lighthouse Church, Anglesey

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIGHTHOUSE CHURCH, ANGLESEY

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

We report on the financial statements of the charity for the year ended 31 December 2025, which are set out on pages 9 to 15.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is our responsibility to:

Basis of independent examiner's statement

Our examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with our examination, no matter has come to our attention:

have not been met; or

Daniel Styles FCA (Independent examiner)

Dated: 2 March 2026

for and on behalf of Lifestyles Accountancy Limited

Page 8 of 15

Lighthouse Church, Anglesey

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

----- Start of picture text -----
Unrestricted Restricted Total Total
funds funds funds funds
2025 2025 2025 2024
Notes £ £ £ £
INCOME
Income from generated funds:
Voluntary income:
Donations and gifts 2 123,016 - 123,016 85,222
Grant income 2 - 4,887 4,887 4,063
Investment income 2 95 - 95 -
TOTAL INCOME 123,111 4,887 127,998 89,285
EXPENDITURE
Charitable activities 3 123,269 4,887 128,156 68,408
Governance 4 100 - 100 100
TOTAL EXPENDITURE 123,369 4,887 128,256 68,508
NET (EXPENDITURE) / INCOME
FOR THE YEAR (258) - (258) 20,777
-
Fund balances at 1 September 2024 92,037 92,037 71,260
Fund balances at 31 December 2025 91,779 - 91,779 92,037
----- End of picture text -----

The notes on pages 11 - 15 form part of these financial statements.

Page 9 of 15

Lighthouse Church, Anglesey

BALANCE SHEET

AS AT 31 DECEMBER 2025

----- Start of picture text -----
Total Total
funds funds
2025 2024
Notes £ £
FIXED ASSETS
Tangible assets 7 7,011 -
CURRENT ASSETS
Gift Aid tax owed 9,589 4,858
Cash at bank and in hand 77,116 88,038
86,705 92,896
CURRENT LIABILITIES
Accruals 370 370
PAYE owed 1,567 489
1,937 859
NET CURRENT ASSETS 84,768 92,037
TOTAL NET ASSETS 91,779 92,037
FUNDS
Restricted funds 9 - -
Designated funds 65,000 65,000
10
Unrestricted funds 26,779 27,037
TOTAL FUNDS 91,779 92,037
----- End of picture text -----

Approved and signed on behalf of the board on 2 February 2026 by:

………………………………

J Gowers-Cromie - trustee

The notes on pages 11 - 15 form part of these financial statements.

Page 10 of 15

Lighthouse Church, Anglesey

NOTES TO THE FINANCIAL STATEMENTS

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

1 ACCOUNTING POLICIES

a Basis of preparation

The financial statements follow the requirements of the revised Charities Statement of Recommended Practice (FRS 102) (second edition - October 2019) – 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 has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

b Fund accounting

Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds are funds which remain unrestricted but have been set aside for a particular future purpose by the trustees.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements where relevant.

c Incoming resources

All incoming resources are included in the SOFA when the charity is legally entitled to the income and can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. No amounts are included in the financial statements for services donated by volunteers.

d Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources.

Fund raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management costs. Management and administration costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.

e Fixed assets and depreciation

Tangible fixed assets costing more than £500 are capitalised and included at cost including and incidental expenses of acquisition.

Page 11 of 15

Lighthouse Church, Anglesey

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

2 VOLUNTARY INCOME

Unrestricted
Restricted
Total
funds
funds
funds
2025
2025
2025
£
£
£
Donations and gifts:
Standing orders
88,590
-
88,590
Sunday collections
9,045
-
9,045
Gift aid reclaimed
16,988
-
16,988
Other
8,393
-
8,393
Grant income:
Grants received
-
4,887
4,887
Investment income:
Bank interest received
95
-
95
123,111
4,887
127,998
Unrestricted
Restricted
Total
funds
funds
funds
2025
2025
2025
£
£
£
Administration costs:
Bank charges
959
-
959
Bookkeeping costs
2,395
-
2,395
Community and outreach
-
3,153
3,153
Computer and software costs
2,776
-
2,776
Donations and gifts made
7,490
-
7,490
Insurance
624
-
624
Leadership development
12,379
-
12,379
Office and organisational costs
2,280
-
2,280
Motor expenses
1,730
-
1,730
Pastoral and small group costs
1,744
-
1,744
Staff salaries
65,318
1,734
67,052
Sunday costs
3,786
-
3,786
Travelling costs
142
-
142
Venue hire and storage rent
16,703
-
16,703
Other costs
2,443
-
2,443
Depreciation
2,500
-
2,500
123,269
4,887
125,656
COSTS OF CHARITABLE ACTIVITIES
Total
funds
2024
£
55,142
6,951
11,242
11,887
4,063
-
89,285
Total
funds
2024
£
534
1,380
6,061
1,271
3,300
295
3,975
348
-
880
42,579
2,748
136
3,135
1,766
-
68,408

3 COSTS OF CHARITABLE ACTIVITIES

Page 12 of 15

Lighthouse Church, Anglesey

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

4 GOVERNANCE COSTS

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Independent examination
100
-
100
-
5
6
Total staff costs recognised in the year
Wages and salaries
Pension costs
TRUSTEES REMUNERATION
No trustee received any remuneration throughout the year.
EMPLOYEES
Total
funds
2025
£
100
100
2025
£
66,252
800
67,052
Total
funds
2024
£
100
100
2024
£
42,156
423
42,579

No employees total employee benefits for the reporting period amounted to over £60,000 and the average monthly number of paid employees during the year was:

Management and administration
7
Cost
At 1 September 2024
Additions
At 31 December 2025
Depreciation
At 1 September 2024
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 August 2024
FIXED ASSETS
Office
Equipment
£
-
1,471
1,471
-
490
490
981
-
2025
Number
5
Motor
Vehicles
£
-
8,040
8,040
-
2,010
2,010
6,030
-
2024
Number
5
Total
£
-
9,511
9,511
-
2,500
2,500
7,011
-

Page 13 of 15

Lighthouse Church, Anglesey

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

8 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Current assets
Current liabilities
9
Acts 365
Co-Op
Faith building works
Mentor Mon
Transforming Lives
RESTRICTED FUNDS
Unrestricted
Restricted
Total
funds
funds
funds
2025
2025
2025
£
£
£
86,705
-
86,705
(1,937)
-
(1,937)
84,768
-
84,768
Balance at
Incoming
Resources
1 Sep 24
Resources
Expended
£
£
£
-
195
(195)
-
1,719
(1,719)
-
480
(480)
-
1,404
(1,404)
-
1,089
(1,089)
-
4,887
(4,887)
Total
funds
2024
£
92,896
(859)
92,037
Balance at
31 Dec 25
£
-
-
-
-
-
-

All restricted grants received as shown above are for the furtherance of the charitable activities of the charity and are to cover the cost of community activities as required by the individual grant funders.

10 UNRESTRICTED FUNDS

Balance at
Incoming
Resources
1 Sep 24
Resources
Expended
Transfers
£
£
£
£
Designated funds
Future building development
65,000
-
-
-
Unrestricted funds
27,037
123,111
(123,369)
-
92,037
123,111
(123,369)
-
Balance at
31 Dec 25
£
65,000
26,779
91,779

During the prior year the trustees agreed to designate a fund to save for a future building development project which would aim to secure a property from where the church can operate more freely.

Page 14 of 15

Lighthouse Church, Anglesey

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE 16-MONTHS ENDED 31 DECEMBER 2025

11 RELATED PARTY TRANSACTIONS

The trustees confirm that throughout the year there were no known related party transactions (2024 - none).

Page 15 of 15