Charity registration number 1185352 (England and Wales)
THE HULL LIGHTHOUSE PROJECT
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
THE HULL LIGHTHOUSE PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
J Farley Mrs J Honey Shirley Ross F Watson (Appointed 30 September 2024)
Charity number (England and Wales)
1185352
Independent examiner
Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull East Yorkshire HU1 2AS
THE HULL LIGHTHOUSE PROJECT
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 16 |
THE HULL LIGHTHOUSE PROJECT
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 APRIL 2025
The trustees present their annual report and financial statements for the year ended 30 April 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
Objectives and activities
The charity’s object is to relieve the needs of women working in prostitution and other vulnerable women in the city of Hull and the surrounding areas, in particular but not exclusively by the provision of outreach and support services, advice, assistance and information, as well as signposting to relevant services and benefits.
Our goals are achieved through our Outreach Support, both day and evening, along with a drop-in service, weekly peer group support sessions and regular contact with HMP Newhall to support the women. Daytime outreach consists of weekly group sessions, daily support, care and advice by trained staff. Evening outreach is often the first point of contact, offering refreshments and practical help as well as advice on sexual health, housing, general health and additional support. Ongoing progress has been made towards fulfilling these objectives during the year. The project is dependent upon the services of unpaid volunteers and agency representatives to achieve its objectives, in particular with the delivery of the evening outreach.
The Hull Lighthouse Project is a public benefit entity, as defined by the Charity Commission.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
During the period 2024-25 our outreach team have engaged with and supported over 147 women. We intensely supported 117 women during the day, and the evening outreach team connected with 74 different women multiple times over the year. The number of women needing and requesting our support dramatically increased over this year.
Different agency workers joined us on the evening shift to help build a trusted relationship with the women and develop easier routes to the support needed, such as addiction and mental health. We were able to grow the team and recruit new staff, as well as training new volunteers to help at our building during the day and on our evening outreach shifts.
Over the 12 months the drop-in has been extremely busy due to the growing number of homeless women we supported. The drop-in was accessed over 1000 times by women asking for various support and to use the shower, the washing machine, get warm clothes, or for a sleep on the sofa and something to eat. Weekly daytime activity groups continued to be a vital part of improving wellbeing and building healthy community for the women we supported.
We secured a partnership with Green Pastures, this enabled us to move forward with the plans for our first residential supported House. This included employing a house manager to begin their training and to be part of the planning process.
With support from Inclusion Health, we continued to have a nurse seconded to us, this gave the women direct access to support for their many health issues. Before this the women would often ignore conditions until they became an urgent hospital admission. We also supported women to attend healthy wellbeing courses, healthy cooking lessons and gentle exercise classes.
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THE HULL LIGHTHOUSE PROJECT
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Financial review
The charity’s financial position at 30th April 2025 is considered to be satisfactory. The charity’s assets are available and adequate to fulfil its obligations. The accounts have been prepared on the going concern basis.
It is the charity’s policy to retain sufficient funds to cover fluctuations in income, current liabilities and unplanned expenditure in line with the forecasted needs of the organisation. By prudent planning and monitoring, every effort is made to keep unexpected fluctuations to a minimum and to limit the proportion of the charity’s funds that must be tied up.
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The Trustees have reviewed the charity’s need for reserves in line with the guidance issued by the Charity Commission and will attempt to achieve a sustainable minimum reserve of 3 months’ operating costs either in respect of free reserves or otherwise designated funds which can be undesignated without risk to future plans and projects. Contingencies which might arise are: funding gaps caused by delays in receiving funding; unexpected repairs or maintenance required to the building; unexpected repairs to or replacement of office equipment, such as computers; and possible redundancy pay if funding was not available for salaries.
The charity’s free reserves were £60,000 at the end of this year.
Major risks
The Trustees have conducted a review of the major risks to which the charity is exposed and appropriate systems have been established to mitigate those risks. These include the implementation and monitoring of policies relating to Health and Safety, and Internal Financial Controls and Reserves. In particular internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charity. These procedures are regularly reviewed to ensure that they still meet the needs of the charity.
Structure, governance and management
The charity Hull Lighthouse Project has been operating since May 1996 and has been registered as a charity with effect from July 1998. The charity's status was changed to a charitable incorporated organization in 2019 with a constitution dated September 2019 and put into effect May 2020. Information of the charity's trustees and advisors are found below.
The trustees who served during the year and up to the date of signature of the financial statements were: J Buckley (Appointed 1 May 2024 and resigned 7 July 2024) J Farley Mrs J Honey Shirley Ross F Watson (Appointed 30 September 2024)
Recruitment and appointment of trustees
New Trustees are recommended by the management committee.
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THE HULL LIGHTHOUSE PROJECT
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
Acknowledgements
The Hull Lighthouse Project gratefully acknowledges grants this year from the following organisations: National Health Service Inclusion; Henry Smith Charity; Lloyds Bank Foundation; Sir James Reckitt Charity; and The National Lottery Community Fund. We are also very grateful for all the donations we have received and for the help given by so many.
The trustees' report was approved by the Board of Trustees.
Mrs J Honey
Trustee
27 February 2026
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THE HULL LIGHTHOUSE PROJECT
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HULL LIGHTHOUSE PROJECT
I report to the Hull Lighouse trustees trustees on my examination of the financial statements of The Hull Lighthouse Project (the charity) for the year ended 30 April 2025.
Responsibilities and basis of report
As the members of the council.trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
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I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Jonathan Leathley FCCA
Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull East Yorkshire HU1 2AS
Dated: 27 February 2026
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THE HULL LIGHTHOUSE PROJECT
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 38,953 127,900 Investments 4 3,214 - Total income 42,167 127,900 Expenditure on: Raising funds 5 - 9,154 Charitable activities 6 81,174 154,268 Other expenditure 11 27 - Total expenditure 81,201 163,422 Net income/(expenditure) and movement in funds (39,034) (35,522) Reconciliation of funds: Fund balances at 1 May 2024 128,504 78,073 Fund balances at 30 April 2025 89,470 42,551 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 166,853 47,790 226,886 3,214 2,308 - 170,067 50,098 226,886 9,154 - 8,108 235,442 383 159,309 27 - - 244,623 383 167,417 (74,556) 49,715 59,469 206,577 78,789 18,604 132,021 128,504 78,073 |
Total 2024 £ 274,676 2,308 |
|---|---|---|
| 276,984 | ||
| 8,108 159,692 - |
||
| 167,800 | ||
| 109,184 97,393 |
||
| 206,577 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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THE HULL LIGHTHOUSE PROJECT
BALANCE SHEET
AS AT 30 APRIL 2025
| Notes Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 16 Unrestricted funds 17 |
2025 £ 209 130,037 130,246 (2,514) |
£ 4,289 127,732 132,021 42,551 89,470 132,021 |
2024 £ 1,093 202,653 203,746 (3,732) |
£ 6,563 200,014 |
|---|---|---|---|---|
| 206,577 | ||||
| 78,073 128,504 |
||||
| 206,577 |
The financial statements were approved by the trustees on 27 February 2026
Mrs J Honey Trustee
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
Charity information
The Hull Lighthouse Project is a charity registered with the charity commission.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 25% reducing balance Computers 33% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 3,453 - Grants 35,000 127,900 Other 500 - 38,953 127,900 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 3,453 7,710 - 162,900 40,080 226,886 500 - - 166,853 47,790 226,886 |
Total 2024 £ 7,710 266,966 - |
|---|---|---|
| 274,676 |
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
4 Income from investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Other income | 3,214 | 2,308 |
5 Expenditure on raising funds
| Restricted | Restricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Fundraising and publicity | ||
| Seeking donations, grants and legacies | 9,154 | 8,108 |
6 Expenditure on charitable activities
| Evening outreach Daytime outreach Group activities Project develop't Health and wellbeing 2025 2025 2025 2025 2025 £ £ £ £ £ Direct costs Staff costs 8,225 73,607 14,282 28,535 34,829 Depreciation and impairment 2,247 - - - - 10,472 73,607 14,282 28,535 34,829 Share of support and governance costs (see note 7) Support 3,802 34,024 6,602 13,190 16,099 14,274 107,631 20,884 41,725 50,928 Analysis by fund Unrestricted funds 3,339 52,187 7,652 17,996 - Restricted funds 10,935 55,444 13,232 23,729 50,928 14,274 107,631 20,884 41,725 50,928 |
Total 2025 £ 159,478 2,247 |
|---|---|
| 161,725 73,717 |
|
| 235,442 | |
| 81,174 154,268 |
|
| 235,442 |
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
| Expenditure on charitable activities | Expenditure on charitable activities | (Continued) | ||||
|---|---|---|---|---|---|---|
| Previous year: | Evening | Daytime | Group | Project | Health and | Total |
| outreach | outreach | activities | develop't | wellbeing | ||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | |
| £ | £ | £ | £ | £ | £ | |
| Direct costs | ||||||
| Staff costs | 7,506 | 54,186 | 8,688 | 11,900 | 17,977 | 100,257 |
| Depreciation and | ||||||
| impairment | 2,279 | - | - | - | - | 2,279 |
| 9,785 | 54,186 | 8,688 | 11,900 | 17,977 | 102,536 | |
| Share of support and governance costs | (see note 7) | |||||
| Support | 4,279 | 30,892 | 4,953 | 6,783 | 10,249 | 57,156 |
| 14,064 | 85,078 | 13,641 | 18,683 | 28,226 | 159,692 | |
| Analysis by fund | ||||||
| Unrestricted funds | 383 | - | - | - | - | 383 |
| Restricted funds | 13,681 | 85,078 | 13,641 | 18,683 | 28,226 | 159,309 |
| 14,064 | 85,078 | 13,641 | 18,683 | 28,226 | 159,692 |
6 Expenditure on charitable activities
7 Support costs allocated to activities
| Staff costs Office running costs Training costs Administration costs IT costs Payroll costs Governance costs Analysed between: Evening outreach Daytime outreach Group activities Project develop't Health and wellbeing |
2025 £ 51,368 898 2,287 15,866 1,695 704 899 73,717 3,802 34,024 6,602 13,190 16,099 73,717 |
2024 £ 31,416 2,926 4,920 14,720 1,615 769 790 |
|---|---|---|
| 57,156 | ||
| 4,279 30,892 4,953 6,783 10,249 |
||
| 57,156 |
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
| 8 | Net movement in funds | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | 300 | 200 | |
| Depreciation of owned tangible fixed assets | 2,247 | 2,279 | |
| Loss on disposal of tangible fixed assets | 27 | - |
9 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
10 Employees
The average monthly number of employees during the year was:
| Charitable Employment costs Wages and salaries |
2025 Number 12 2025 £ 210,846 |
2024 Number 10 |
|---|---|---|
| 2024 £ 131,673 |
Included within the Salaries and wages are Social security costs £7,937 (2024 - £1,507) Pension costs (defined contribution scheme) £3,423 (2024 - £2,093)
There were no employees whose annual remuneration was more than £60,000.
11 Other expenditure
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Net loss on disposal of tangible fixed assets | 27 | - |
12 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
| 13 Tangible fixed assets Plant and equipment Computers £ £ Cost At 1 May 2024 2,256 10,471 Disposals (1,851) (351) At 30 April 2025 405 10,120 Depreciation and impairment At 1 May 2024 2,039 4,125 Depreciation charged in the year 48 2,199 Eliminated in respect of disposals (1,825) (350) At 30 April 2025 262 5,974 Carrying amount At 30 April 2025 143 4,146 At 30 April 2024 217 6,346 14 Debtors 2025 Amounts falling due within one year: £ Prepayments and accrued income 209 15 Creditors: amounts falling due within one year 2025 £ Accruals and deferred income 2,514 |
Total £ 12,727 (2,202) 10,525 6,164 2,247 (2,175) 6,236 4,289 6,563 2024 £ 1,093 2024 £ 3,732 |
|---|---|
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
16 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 May 2024 Incoming resources Resources expended At £ £ £ Henry Smith Charity - revenue 15,799 50,000 (57,861) Henry Smith Charity - Development 14,356 27,300 (31,249) Sir Jasmes Reckitt Charity 2,725 - (935) Joseph Rank Trust 33 - (33) NHS Inclusion Fund 44,703 30,600 (71,078) National Lottery - Community Fund - 20,000 (2,129) Rosa UK 455 - (135) Other - depreciation 2 - (2) 78,073 127,900 (163,422) Previous year: At 1 May 2023 Incoming resources Resources expended At £ £ £ Church Welfare Association 419 - (419) Garfield Weston Fund 398 - (398) Henry Smith Charity - revenue 172 50,000 (34,373) Henry Smith Charity - Development 9,888 27,350 (22,882) Sir Jasmes Reckitt Charity 4,172 - (1,447) Joseph Rank Trust 2,903 - (2,870) NHS Inclusion Fund - 72,000 (27,297) National Lottery - Community Fund - 75,000 (75,000) PCC Humberside - Comm Safety Fund - 2,536 (2,536) Rosa UK 649 - (194) Other - depreciation 3 - (1) 18,604 226,886 (167,417) |
30 April 2025 £ 7,938 10,407 1,790 - 4,225 17,871 320 - 42,551 30 April 2024 £ - - 15,799 14,356 2,725 33 44,703 - - 455 2 78,073 |
|---|---|
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
17 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 May 2024 Incoming resources Resources expended At £ £ £ Unrestricted Funds 60,504 42,167 (81,201) Designated Funds 68,000 - - 128,504 42,167 (81,201) Previous year: At 1 May 2023 Incoming resources Resources expended At £ £ £ Unresitricted Funds 30,789 30,098 (383) Designated Funds 48,000 20,000 - 78,789 50,098 (383) Analysis of net assets between funds Unrestricted Restricted funds funds 2025 2025 £ £ At 30 April 2025: Tangible assets - 4,289 Current assets/(liabilities) 89,470 38,262 89,470 42,551 Unrestricted Restricted funds funds 2024 2024 £ £ At 30 April 2024: Tangible assets 960 5,603 Current assets/(liabilities) 127,544 72,470 128,504 78,073 |
30 April 2025 £ 21,470 68,000 89,470 30 April 2024 £ 60,504 68,000 128,504 Total 2025 £ 4,289 127,732 132,021 Total 2024 £ 6,563 200,014 206,577 |
|---|---|
18 Analysis of net assets between funds
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THE HULL LIGHTHOUSE PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
19 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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