## **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 **Page 1** ## **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| ||||| Page 4 ## **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| Page 5 ## **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 - 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** Page 3