## **GUIDING LIGHT FOUNDATION**
**TRUSTEE’S REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31[st] MARCH 2025**
**GUIDING LIGHT FOUNDATION**
## **CONTENTS**
||**Page**|
|---|---|
|**Trustee’s Report**|**1**|
|**Independent Examiner’s Report**|**2**|
|**Statement of Financial Activities**|**3**|
|**Balance Sheet**|**4**|
|**Notes to the Financial Statements**|**5**|
**GUIDING LIGHT FOUNDATION**
## **TRUSTEE’S REPORT – LEGAL AND ADMINISTRATIVE INFORMATION**
**Charity Number** 1183421 **Trustee’s** Alison Ralston Joanne Liversidge Kate Cavan Melanie Jayne Cheshire Mark Richard John Wood **REGISTERED OFFICE** Westbrook Court The Lodge Sharrow Vale Road Sheffield S11 8YZ **INDEPENDENT EXAMINER** Mr John P Waining FCA Lindrick Accountancy Services Ltd 205 Outgang Lane Dinnington Sheffield S25 3QY
## **GUIDING LIGHT FOUNDATION**
## **TRUSTEE’S REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The trustee’s present their report along with the financial statements of the charity for the year ended 31 March 2025. 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 Sheffield’s Children’s Hospital Otis - The Life-Saving Support Puppy Arbourthorn School Cavendish Cancer Charity Five Ltd Charity Affinity 2020 CIC The Magic Future Foundation Hair For Ameber Paces Sheffield Ashgate Hospice Steps Community Nursery Bane Charity Various projects through Just Giving and Go Fund Me
Page 1
## **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 2025 which are set out on pages 1 to 5.
## **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 30 January 2026 Lindrick Accountancy Services Limited 205 Outgang Lane Dinnington Sheffield S25 3QY**
Page 2
## **The Guiding Light Foundation**
## **STATEMENT OF FINANCIAL ACTIVITY**
## **1 APRIL 2024 - 31 MARCH 2025**
|**INCOME**
Yes Tax Donations
Monthly Donations
Interest Received
**EXPENDITURE**
Donations *
Bank Charges
**SURPLUS OF INCOME OVER EXPENDITURE**
*
Breakdown of donations made:
Antardistri - Nepal
Children's Hospital
Support Dogs
Arbourthorn School
Cavendish Cancer Charity
Fives Ltd Charity
Just Giving
Affinity 2020
The Magic Future Foundation
Hair For Amber
Paces Sheffield
Ashgate Hospice
Steps Community Nursery
Bane Charity Contribution
Endeavour Training Ltd
Christmas Shoe Box / Easter Eggs|£
£
56,825
7,651
39
64,516
64,060
360
64,420
96
49,920
6,000
2,000
1,990
600
540
500
500
480
480
300
250
250
250
-
-
64,060
2025|£
£
70,282
11,128
56
81,465
105,313
410
105,723
24,258
-
70,920
5,000
12,000
2,220
-
-
2,644
1,000
-
-
7,852
-
-
-
2,500
1,177
105,313
2024|
|---|---|---|
Page 3
## **The Guiding Light Foundation**
## **BALANCE SHEET**
||**31 MARCH 2025**|**31 MARCH 2025**|||||
|---|---|---|---|---|---|---|
||31|March|2025|31 March||2024|
||£||£|£||£|
|**CURRENT ASSETS**|||||||
|Cash at bank and in hand|21,732|||21,636|||
|**CREDITORS**|||||||
|||-||-|||
|**NET CURRENT ASSETS**|||21,732|||21,636|
|**INCOME FUNDS**|||||||
|Unrestricted Funds as at 1 April 2024|||21,636|||45,894|
|(Deficit)/Surplus of Income over Expenditure|||96||-|24,258
|
|Unrestricted Funds as at 31 March 2025|||21,732|||21,636|
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**GUIDING LIGHT FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. Accounting Policies**
## **1.1 Accounting Convention and Basis of Preparation of the Accounts**
The financial statements are prepared under the historical cost convention and follow the recommendations in the Statement of Recommended Practice (FRS102 CHARITIES SORP effective January 2019), the Charities Act 2011 and applicable accounting standards.
## **1.2 Incoming Resources**
Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable.
The value of services provided by volunteers has not been included.
## **1.3 Resources Expended**
Expenditure is recognised when a liability is incurred.
## **1.4 Fund Accounting**
Funds held by the charity are either:
- Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
- Designated funds - these are funds set aside by the trustees out of unrestricted funds for specific future purposes or projects.
- Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
The charity currently only has unrestricted funds.
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