GUIDING LIGHT FOUNDATION
TRUSTEE’S REPORT FOR THE YEAR ENDED 31 MARCH 2024
The trustee’s present their report along with the financial statements of the charity for the year ended 31 March 2024. The financial statements have been prepared in accordance with accounting policies set out in note 1 and comply with the Charities Commission applicable law and the requirements of the Statement of Recommended Practice, “Accounting and Reporting by Charities” (FRS102 CHARITIES SORP) issued in January 2019.
Objectives and Aims
The aims of the charity are to make contributions to vulnerable children around the world.
Studies show that child sponsorship is one of the most effective ways of ending poverty. During the year the Guiding Light has funded several different initiatives with one common goal to ensure that the funds reach the vulnerable children directly. We also take an active role in the initiatives we support and we have received a heart-felt acknowledgement and thank you from each recipient (including the children in many cases).
Review of Activities and Achievements in the Period
The initiatives funded and worked on during the year of the charities existence are;
Antardristi safe house in Nepal
Otis - The Life-Saving Support Puppy
Paces Sheffield
Sheffield’s Children’s Hospital
Endeavour Training
Arbourthorn School
Affinity 2020 CIC
Christmas Shoe Box Appeal
Easter Egg Appeal
Various projects through Just Giving and Go Fund Me
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The Guiding Light Foundation
INCOME AND EXPENDITURE
1 APRIL 2023 - 31 MARCH 2024
| INCOME Yes Tax Donations Monthly Donations Charity Dinner Interest Received EXPENDITURE Donations Bank Charges Charity Dinner Legal and Professional SURPLUS OF INCOME OVER EXPENDITURE Breakdown of donations made: Antardistri - Nepal Support Dogs Paces Sheffield Children's Hospital Just Giving Endeavour Training Ltd Arbourthorn School Christmas Shoe Box / Easter Eggs Affinity 2020 Cutthorpe Cricket Club Cavendish Cancer cAre Weave Works Hallam FM Cash For Kids Elsie's Appeal |
£ £ 70,282 11,128 - 56 81,465 105,313 410 - - 105,723 24,258 - 70,920 12,000 7,852 5,000 2,644 2,500 2,220 1,177 1,000 - - - - - 105,313 2024 |
£ £ 73,191 6,396 19,835 39 99,461 72,438 397 1,615 710 75,160 24,301 47,020 10,000 300 - - 5,000 3,318 - 1,000 2,500 1,200 1,000 850 250 72,438 2023 |
£ £ 73,191 6,396 19,835 39 99,461 72,438 397 1,615 710 75,160 24,301 47,020 10,000 300 - - 5,000 3,318 - 1,000 2,500 1,200 1,000 850 250 72,438 2023 |
|---|---|---|---|
| 24,301 | |||
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The Guiding Light Foundation
BALANCE SHEET
| 31 MARCH 2024 | 31 MARCH 2024 | |||||
|---|---|---|---|---|---|---|
| 31 | March | 2024 | 31 March | 2023 | ||
| £ | £ | £ | £ | |||
| CURRENT ASSETS | ||||||
| Cash at bank and in hand | 21,636 | 45,894 | ||||
| CREDITORS | ||||||
| - | - | |||||
| NET CURRENT ASSETS | 21,636 | 45,894 | ||||
| INCOME FUNDS | ||||||
| Unrestricted Funds as at 1 April 2023 | 45,894 | 21,594 | ||||
| (Deficit)/Surplus of Income over Expenditure | - | 24,258 |
24,300 | |||
| Unrestricted Funds as at 31 March 2024 | 21,636 | 45,894 |
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GUIDING LIGHT FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GUIDING LIGHT FOUNDATION
I report on the accounts of the Charity for the year ended 31 March 2024 which are set out on pages 1 to 6.
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(2) of the Charities Act 2011 and that an independent examination is required. The charity's gross income did not exceed £250,000 and I am qualified to undertake the examination as a qualified member of the Institute of Chartered Accountants in England and Wales.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act 2011;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) on the Charities Act 2011; and
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state whether particular matters have come to my attention
Basis of Independent Examiner's Statement
My 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 disclosers in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and as such 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 below statement.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention which,:
-
1 gives me reasonable cause to believe that, in any material respect, the requirements:
-
to keep proper accounting records in accordance with section 130 of the Charities Act 2011; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- 2 in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr John P Waining FCA 31 January 2025 Lindrick Accountancy Services Limited 205 Outgang Lane Dinnington Sheffield S25 3QY
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