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2023-03-31-accounts

Unending Light registered charity number 1190024

27 December 2023

Unending Light 89 Holmrook Road Carlisle CA2 7TQ

Annual Report

In accordance with its constitution, gifts to Unending Light were invested in company shares, and so the charity generates its income on an ongoing basis from dividends paid by these investments in company shares. This enables a steady source of income for grants to other charities.

The object of Unending Light is: ‘The advancement of the Christian religion in England and Wales, in accordance with the statement of faith, by providing grant funding for evangelistic Christian outreach activity; and the distribution of evangelistic Christian literature.’ There is another charity, called United Beach Mission (UBM) (registered charity 273912), their focus is the provision of Bible stories & songs (mixed with activities) for children on the beaches during the summer – for free. However, their volunteers need to pay to participate, and so the current grants of Unending Light are aimed at reducing the amount UBM volunteers need to pay to serve in manner. All the dividends from the investment held by Unending Light have been given to UBM, and a letter acknowledging how those gifts were used during their 2023 summer programme is attached.

unendinglight@tutanota.com www.unendinglight.org

Unending Light

11090024

Receipts and payments accounts

1-Apr-22

31-Mar-23

For the period from

To

CC16a

Section A Receipts and payments

Unrestricted Restricted Endowment funds funds funds

Total funds Last year

Section A Receipts and payments
Unrestricted
funds
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
A1 Receipts
Donation
Donation
Donation
-
Gift Aid
-
Donation
-
Donation
-
Interest
12
BP Dividend
184
Direct Line dividend
512
Moneysupermarket dividend
291
-
999
to the nearest £
Sub total(Gross income for AR)
to the nearest £
-
-
-
-
-
-
-
-
-
to the nearest £ to the nearest £
-
17,500
17,500
8,786
7,000
17,500
13
184
512
291
-
69,286
to the nearest £
Donation - -
Donation - 17,500 17,500 -
Donation - - 17,500 17,500 -
Gift Aid - - 8,786 8,786 -
Donation - - 7,000 7,000 -
Donation - - 17,500 17,500 -
Interest 12 - 1 13 -
BP Dividend 184 184
Direct Line dividend 512 512
Moneysupermarket dividend 291 291
- - - - -
Sub total(Gross income for AR) 999
- 68,287 69,286 1
-
-
Sub total -
Total receipts 999
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
69,286
- - -
- - -
- 68,287 69,286 1
A2 Asset and investment sales,
(see table).
- -
- - - - -
Sub total - - - - -
**Total receipts ** 999 - 68,287 69,286 1
A3 Payments
Brokerage Management Fee
Gift to UBM
803
-
-
-
-
-
-
-
Sub total 803
A3 Payments
Brokerage Management Fee
Gift to UBM
803
-
-
-
-
-
-
-
Sub total 803
-
-
-
-
-
-
-
-
-
-
-
803
-
-
-
-
-
-
-
803
Brokerage Management Fee - - -
Gift to UBM 803 - - 803 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 803 - - 803 -
A4 Asset and investment
purchases, (see table)
Shares in Direct Line Insurance Group
- - 17,498 17,498
Shares in: Moneysupermarket.com - - 17,499 17,499
Shares in BP Plc 15,790 15,790
Shares in Rio Tinto Plc 17,467 17,467
**Sub total ** - - 68,254 68,254 -
**Total payments ** 803 - 68,254 69,057 -
**Net of receipts/(payments) ** 196 - 33 229 1
A5 Transfers between funds - 4 - 4 - -
A6 Cash funds last year end - - -
Cash funds this year end
192 - 37 229 1

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Details
Cash in curent account
Cash in brokerage account - capital
Cash in brokerage account - current
Details
Nil
Details
Shares in Direct Line Insurance Group
Shares in: Moneysupermarket.com
Shares in BP Plc
Shares in Rio Tinto Plc
Details
Nil
Details
Nil
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
8
184
192
OK
to nearest £
-
-
-
-
-
-
Endowment
Endowment
Endowment
Endowment
Unrestricted
funds
Unrestricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
to nearest £
-
-
-
-
OK
to nearest £
-
-
-
-
-
-
Cost (optional)
17,498
17,499
15,790
17,467
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
Restricted
funds
Amount due
(optional)
to nearest £
Endowment
funds
38
38
Agreement Error
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Nil -
-
-
-
-

Signed by one or two trustees on behalf of all the trustees

Signature Print Name
Paul Clifford
Date of
approval
Paul Clifford 17-Aug-23

Independent examlnerfs rnport to th• trustees of Unendlng Ll8ht I report to the truslees on my examlnatton of the account5 of Unending Llght for the year ended 31 March 2023. R•sponslbllltie$ and basi5 of r•port As the charliy trustees of the Trust you are responsible for the preparation of the accounts In accordance with the requirernents of the Charitles Act 20111'the Act'l. I report in respect of my examination of the Charlty accounts carrled out undef sectlon 145 of the 2011 Act and In carrying out my examination I have followed all the applicable Dlrethofts given by the Charlty cornm1￿10n under section 14515llbl of the Art. Independent examlnerfs stst•m•nt I have completed my examinatton. I confirm that no materlal matters have come to my attentlon In connectlon wlth the eXamIna￿On 8ivin8 me cause to belleve that in any material respect: l. accounting records were not kept in respect of the Trust as requlied by sectlon 130 of the Act: or 2. the accounts do not accord wlth ihose records; or 3. the account5 do not comply with the opplicable requirements concernin8 the lorm and content of accounts set out in the Charities (Accounts and Reports) Re8ulatlons 2(KJ8 other than any requlrement that the accounts glve a 'true and falr view which is not a matter considefed as part of an independent examinatlon. I have no concerns and have come across no other matters In connectlon wlth the examinatlon to whlch attenlon should be drawn in this report in order to enable a proper understandlng of the accounts to be reached. Slined: Name: Oavid John50n Fellow of the Chartered Association of Certified Accountant5 IFCCA membership number 191fA)10) Address: 69 Harpur Crescent, Alsager ST7 2SX Date.. 28 October 2023