GUIDING LIGHT FOUNDATION TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023
GiIIDING LIGHT FOUNDATION CONTENTS Pa8e Trustoe's Report Indopendent Examiner'5 Report statement of Flnancial Activities Balan¢È sheet Notes to the Flnancial Statements
GUIDING LIGHT FOUNDATION TRUSTEÈ'S REPORT- LEGAL AND ADMINISTRATIVE INFORMATION CharSty Number 118342J. Tr14$teo's Alisoii Ralston Joai)ne LiversiLIEe Kate Cavan Melanie Jayne Cheshire Mark Rlcliard John Wood REGISTERED OFFICE Wesl'brook Court The Lodge Sharrow Vale Road Sheffield Sll BYZ INDEPENDENT EXAMINER Mr Jolin P Waining FCA Lindrick Accountancy Services Ltd 205 Outgan8 Lane Diiiiiington Slieffield 525 3QY
GUIDIWG LIGHT FOUNDATION TRusfEE'S REPORT FOR TWE YEAR ENDED 31 MARCH 2023 'I'lio Ii'uslÈL's present their report along witli Ilie finaiicial statements of the charity for the year ended 31 Moi'c11 2022, Ihe flnai)cial statements have been prepared in accordance with accountiiig policies set out in not& I t)litl coi)IiJlywlt'li tlie Charities Commission appllcable law and the requirements of the Slatement of Recomme.Iiilkd Practlce, "Accountin8 and Reporting by Charities" IFRS102 CHARITIES SORPI issued in January 2019. Obl¢ctive$ and Aims TIIL4 of. the charity are to make contribulions to vulnerable children around the world. SttsdSLJs sliow tliat cliild sponsorship is one of tlie mosl effective ways of ending poverty. During the year t li Gul(Jlllg liBlIl' l) 85 fuiided several different initiatives with one common goal to ensure that the funds reach the vu In clilldru n dlrectly. We a150 take an active role in the iniliatives we support and we have received a heart-fe11 acki)owledgoment and thank you from each recipienl lincluding the children in many case51. Rwvlewol Actlvities and Achievements in the Period Tho InitiatSves funded and worked on during the year of the charities existence are; Toddler'$ Bod Donated for Hard Hlt Famlly Tho ¢osl of livin9 crisis shows no sign of abating, and with il we came lo learn of a slruggliiig single-parent fomlly unahlo 10 afford a hed for their youngest child, Bod poverty, unforlunalely comiron in the UK, affe¢ls many VLilI'i&riJblts famllles. Iri 2020, nearly one-third of low-incoine liouseholds struggled lo provide beds for Ilieir cliildreii. a numboi11)Ill is slill on Ihe rlse. To l)@Ip eage the burden. wo were able lo supply this family of three wilh a bed, mallress, duvet, pillow and b@ddlnu, Tliis sii)all yel inipaclful contribution reflects our everyday commitment lo making a positive difference in th ¢ IIv08 of vuln@rabl& childfen. Worklng with Afflnlty and Yorkshiro's Hidden Goms to Help Care Experienced Young Pooplg A posilive coiilribulion towards local opporlunilyl We provided 'Yorkshire's Hidden Gems Memberships, for Affiiiily202f) Core Leavers Charity, empowering ¢are-experienced youth and families lo explore Yorksliire's Ireagures will) e¢S lo all 11)e gr@a1 places Ihe region has lo olfer. Affinily aims lo provide £1000 woril? ol opporlunilies for each care-experienced young persoii ii) Rolherham by 2()10. £250,000 to Support Educatlon for Vulnorable Children In the summer we look lime ID reflect back on the support we have provided lo vulnerable children in Nepal, In & Illllts ovEr four years, we have donated a quarler of a niillion pounds, with much of Ilie funding 90in91o help fund our Anlardrisli safe house, one-lo-one and group counselling sessions lo help the children through Ilieir trauma and provide edu¢alion programmès for both the cliildren as well as adults that affect the lives of Ih0s6 children. Binila and her team al the safe house, work with each child's family lo help them underslaiid the effects of Ih?ir behaviour and Ihe damage il has caus¢d, Further e(Su¢alional sessions are also held for staff, women's groups, scI)ools and ever> the Nepalese police. Page I
GUIDI LIGHT FOUNDATION TRLJsfif'S REPORT ¢ont. FOR YEAR ENDED 31 MARCH 2023 £J,OODB905t for Endpavour's Llf&-Cl)4nglng Adventuro8 Tlii$ year wo liave conlinu(4d lo &vi)yDrl Liidoavour. a local cli&rily woiking will) young poople from disadva1'1ItJtJ baekgrwiids &crosg Soulli Yorksliir& lo dollvor impaclful exi)erlen¢es11)al11ioy would ollitsrwise nol have Il'iui al)oiiL.¢' 10 (4¥1)8i(>n¢FJ, do nttlLthd £S.000 11)is y@&r lo support &dvoi)lurou8 and residoiilial aLlivili08 for vulnorable yOLJng p60plo Iliii ¢(411'1 curroii'tty l)0 fui'ided from any olhor soijrcp. Th@ fuiid will b@ usod 1111% 41Jininor lo supporl Iwo of Endeavou ro 111ts51 vulrtoi'ablo groups, joinii)g logolher for Fl sl)orl cainpiiig r68idfynlial in 11)è Pfyaks. Elsle's Appeal A o(Jiilribiilioii was made in Ilie year lowards Elsie's Appeal, raising monoy lo help Elsie who lias a lermina I Illiirjl call(4d Ballei'i Jisedse. To eiial)le I15ie lo live al liome, her family iieeded lo raise funds lo build a specialisl 14xionblon Io SLipporl hei. full-lime care and give Elsio as Inaiiy loving Inemories as possiblel Moot 0118 - The Llfe-savlng Suppoit Puppy We @re sponsoriiig a pupi)yl For two y(4ars, WÈ will donalE4 £1,000 a moiill) lo fui'id Ilie purchase aiid Iraininp of PLIPPY lled. Otis, Support dogs, like Olls, provide lifo-saving support lo children who may have autism, eplltypsy 01 olli&r p hy&lc&l disabilili8s. In Sepl@mbor wo r¢coived a fantastic update Olls, training progress. "Olls is a veiy sinai'l pup ond Rs pickiiig &ll his troin117g up very quickly wliiclj is & good11?ii?g but as he's gfytllftiri oldtti. W6 Ill'@ goitig lo 178ve lo bo a sl@p &he&d of17iIF7 lo Inake sure l)e do$si)I g81 bor&d. Olis is still working 017 I'ils Iuosf) leud walkliig biJl th@ bi9 wid& woi'ld is vTriy excitiff?g ai?d soino1ii?7es wo jiJsl iioed lo sniff ovFry117117g and oxplorol Oli6 h&s' learnl how lo do a nose nudg@ w17icI? dldn'l lako hin? v@ry1017g &1 all. Ov61'&11176's & l?&ppy confident pui)py wlio htss & biig17t fiilure. Emlly, Oilts, T¥ainer Shlrt Sponsors for Cutthorp¢ Crickgt Club 2023 Jdre prouil lo be Illls 5ea50n's sliirl bpoiitsur fur Cullliurpe CrlLkel Club. Tlie LILJb iLJrib an Inspirlny Irillidtlvi& 11)tal supports children in care providing froe acoess lo local club ¢ri¢kel,' Iraiiiing and matches. This Iransformaliv& programme has seen remarkable success sloyles, with one parlicipaiil now runiiiiig a thriving business, and sllll playing cricket some 12 y8ars1l¢ lor, Aligned willi our commiliiieiil lo children, Ihe sponsorship enables the provision of free training kits, coa¢lii lig and SOcal eveiils to assist the pliysical, mental, and social development of iiidividuals. Best wishes lo Cullhorpo Crlckel Club lor a successful 2024, Page 2
GUIDING LIGHT FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GUIDING LIGHT FOUNDATION I rLpurl' oli tlie accouiits of Ihe Cliarily for tl)e year ended 31 March 2023 which are set out on pages I I'o G., Re$pe¢tlve Re5ponslbllStles of Trustees and Emaminer The charlty's trustees are rospoi)sSblo for tlie preparation of the account5. The charity's trustees consider t litsi Ihn fyiirlll is not roquired for tliis year under section 144121 of tl)e Charities Act 2011 and that an independeiit ex iY)Inillon 1$ requirÈd, The charity's gross income did i)ot exceed £250,000 and l am qualified to undertake the exain Ii)ktli)l) qualifSed member of the Instilute of Chartered Accountants in Englaiid and Wales. 1115 my responsibility to: examine the accounls under section 145 of the Charltles Act 2011,. follow ihe i)rocedures laid dowii in tl)e Eeneral DireLlions given by the Charity Commisslon iir>dor 5Qt.tloii 14515llbl oli the Chaiit.lÈs Act 2011,. and state wliether particular matter5 have come to my atlention Ba$15 of Indepondent Examlner's Statement My examiiiation was carried out in accordance with Eeneral Dlrecllons glven by the Charity Coimnilqsloi), Ai) exaimliiatlon Includes a revlew of thÈ accounllng records kepi by tho charity and a comparison of ilio dctouiits proJ¢Qlltod wlth tho¢JQ record It a150 iiicludeJ r.onsiderntirJii of any iJnusiJAI items nr disc105prs in tho accouiii$ &n(I seekiiiE explanalioiis from you as trustees concerning aiiy such Inatters. Tlie procedures undertaken do nut i)rovl(4 all Il)e evidence iliat would lje required in an audit and as such iio opliTrion is giveii a5 to whether the accounig prostal)t 'Irue and fair vlew" and thè report Is Ilmited to those matter5 Set out in the below statement. Independent Examlner's Statement In coniiection with my examination, no matter has come to my attention which,. glves me reasoi)able cause to believe that, in any material respect, tlie requirements-. to keep proper accounling records in accordance wlth seciion 130 of the Charities Act 2011,. and lo preparo accounls wliich accord with the accounting records and comply wilh the aecoL¢ntln requirements of the 2011 Act have not been met,. or in my opiiiion, attention sliould be drawn in order to enable a proper understanding of the accounts I'o l)0 reached. Mrjohn P Wainlng FCA Lindrick Accountancy Servlces Limited 205 Outgang Lane Dinnlngton Sheffield S25 3QY 15/i/ioi+ Page 3
The Guiding Light Foundation INCOME AND EXPENDITURE I APRIL 2022- YI MARCH 2023 2022 2022 OME Ye5 Tax Donations Monthly Donations Cliarity Dinner Interest Received 73,191 6,396 19,835 39 65,732 8,349 99,461 74,0 EXP DITURE Donations ' Baiik Charges Cl)arity Dinner Legal and Professional 72,438 397 1,615 710 59,433 421 75,161 59,8 54 SURPLUS OF INCOME OVER EXPENDITURE 24,300 14,2 27 lji'eakdown of donations made.. Antardistri - Nepal Support Dogs Endeavour Training Ltd Arbourthorn School Cutthorpe Cricket Club Cavendish Cancer cAre Affinity 2020 Weave Work5 Hallam FM Cash For Kids Paces Sheffleld Elsie's Appeal Pharma Lord - Pakistan JB & JA Wilson - South Africa Red Cross Ukraine Appeal Numed Christmas Show Box Appeal 47,020 10,000 5,000 3,318 41,540 2,500 2,140 1,200 1,000 1,000 850 300 250 1,750 7,576 2,500 500 500 427 59,433 72,438 Page 4
The Guiding Light Foundation BALANCE SHEET 31 MARCH 2023 31 Marcl) 2023 31 March 2022 CURRENT ASSETS Cash at bank and in hand 45,894 23,304 CREDITORS Accrued income 1,710 NET CURRENT ASSETS 45,894 21,594 INCOME FUNDS Unrestricted Funds as at l April 2022 IDeficitl/Surplu5 of Income ovei Expenditure 21,594 24,300 7,367 14,227 Unrestricted Funds as al 31 March 2023 45,894 21,594 Accrued income represents paymenl'5 received in advanced for a charity dinner. The dinner was postponed duo I'o Corona vlrus and took place in the year ended 31 March 2023. Page 5
GUIDING LIGHT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THI YEAR ENOED 31 MARCH 2023 Accountlng Pollcles AccountSng Conventlon and Ba51s of Preparatlon of tho Accounts Tlio fii)ai)cial 51Jiements are prepared under ihe liisl'orlcal cost coi)vEiit'ion and follow tlie recom tlèiiia1Ioll% in Ihe Stateimenl ol. Reconiinended Practice (FR5102 CHAIIITllS sorip ef.fective Jaiiuary 20191, tlitt C11ai'lll Act 2011 and appllcablLA accouiillng standards. Incoming Resources Voluntary income Ss recelved by way of donatlons an(1 glfts and is Sncluded in full in tlie Stalement of PliiAI)cl•l Actlvities wl)en receivable. Tlle valuÈ of SrvICeS provlded by volunleers lias noi l)een Ii)cluded. Resources Expendod Expenditure is rocoEnised when a liability is incurred. Fund Accountlng Funds held by tlie charily are oilher.. Uiiresii'icte(i general fuiids - Ihe5e ar¥ fund5 whicli can used in accordance wli'l) I'l) L'li8rllil)I objeels èt the discretioii of the trustees. DeSinIted fuiids - thes@ are fund5 set 351de by the trustees out of Linrestrlcted f'unds f'oi. tsi)oclflc future purposes or projects. Ileslr5cted funds - tliese are funds ihat can oiily be used for portlcular restricted purpoge s wS11)In I'ho objecl's of 11)e cliarlly. Reslrictioiis arise wheii speclfied by tl)e doi)or oi. wlien fuiids ai'È I'a5se(I foi. i)artlcular reslricted purposes. The charity currently only has unrestrlcted funds. Page 6