Registered Charity No - 1190183
Lighthouse Fellowship
Trustees’ Report and Accounts For the Year Ended 31 December 2024
| CONTENTS | PAGE |
|---|---|
| Legal and Administrative Details | 3 |
| Trustees' Report | 4 |
| Independent Examiners’ Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Accounts | 9 |
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REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Leon Bailey Calesia Dawson Ruth Cooper Elisha Holborough
Charity registered Number
1190183
Date of Charitable Registration 30[th] June 2020
Principal office 19 Lemur Drive Cambridge CB1 9XZ
Independent examiners
Accounting Assist Ltd C/o Good to Give Ltd 7 bell Yard, London WC2A 2JR
Bankers
Metro Bank
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TRUSTEES' REPORT FOR THE YEAR ENDED 31 December 2024
The Board of Trustees, who are the trustees for charity law purposes, submit their annual report and the financial statements of Lighthouse Fellowship for the year ended 31 December 2024. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities effective January 2019 and Charities Act 2011.
Structure, governance and management
The 4 Trustees are:
- Leon Bailey 2. Calesia Dawson 3. Ruth Cooper 4. Elisha Holborough
The Trustees play a primary role in ensuring good governance and functioning of the Charity. The Board’s role, functions and responsibilities are quite clearly defined.
Structure, Governance and Management:
The Trustees who have served during the year are set out on page 3 and meet on a regular basis. The trustees have ultimate control over all the affairs of the charity.
Objectives, Activities and Public Benefit:
To advance the Christian Faith for the benefit of the public in accordance with the statements of belief appearing in the schedule.
To promote for the benefit of the inhabitants of Cambridge and the surrounding area the provision of facilities for recreation or other leisure time. Occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economical circumstances or for the public at large in the interest of social welfare and with the object of improving the condition of life of the said inhabitants.
The Trustees have had regard to the Charity Commission’s Guidance on public benefit in managing the activities of the charity.
Achievements and Performance:
The largest contribution to the charity for the year came from general offerings. The charity has begun its charitable activities from its inception.
The charity currently aims to designate the total funds received less expenses for the main objective of the charity.
Financial review:
Income and Expenditure during the year amounted to £59,166 & £25,285 respectively. The attached financial statement shows the current state of the charity’s finances.
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TRUSTEES' REPORT FOR THE YEAR ENDED 31 December 2024
Reserve Policy:
The Trustees have reviewed the reserves of the charity. This review encompassed the nature of the income and expenditure streams, the needs to match variable income with fixed commitments and the nature of the reserves.
Risk Management:
The Trustees conducts its own review of major risks to which the charity is exposed. These procedures are periodically reviewed to ensure that they still meet the needs of the charity and are as follows:
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An annual review of the risks which the charity may face.
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The establishment of systems and procedures to mitigate those risks identified
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The implementation of procedures designed to minimise any potential impact on the charity should any of the risk materialise.
The Trustees (who are also directors of Lighthouse Fellowship for the proposes of company law (are responsible for preparing the trustees report and the financial statement in accordance with applicable law and United Kingdom Accounting Standards. (United Kingdom Generally Accepted Accounting Practice).
Company law requires trustees to prepare financial statement for each financial year which give a true and fair view of the state of the affairs of the charitable company and of the outgoing resources and application of resources. Including the income and expenditure of the charity for that period. In preparing these financial statements the trustees are required to.
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Select suitable accounting policies and then apply them consistently.
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Observe the method and principle in the Charities SORP.
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Make judgements and estimates that are reasonable and prudent.
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State weather applicable UK Accounting Standards have been followed subject to any material departures disclosed and explained in the Financial Statement.
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Prepare the financial statement on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at the time the financial position of the charity company and enable them to ensure that the financial statement comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent Examiner:
The Charity's independent examiner, Anum Hassan, FCCA of Accounting Assist Ltd C/o Good to Give Ltd, have indicated their willingness to offer themselves for appointment. This report was approved by the Trustees on and signed on their behalf by:
Name ………………………. Calesia Dawson
Signature……………………. Calesia Dawson
Date………………………… 30 / 10 / 2025 5 | P a g e
INDEPENDENT EXAMINER`S REPORT FOR THE YEAR ENDED 31 December 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIGHTHOUSE FELLOWSHIP.
I report on the financial statements of the charity for the year ended 31 December 2024 which comprise the Statement of Financial Activities and Balance Sheet with associate notes.
This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my examination work.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to:
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Examine the accounts (under Section 145 of the Charities Act);
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To follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145(5)(b) of the Charities Act); and
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To state whether particular matters have come to my attention.
Basis of Independent Examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Group/District and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures 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 consequently 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 statement below.
Independent Examiner's statement
In connection with my examination, no matter has come to my attention:
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1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Act; and
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to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act
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have not been met; or
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2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed: Dated: 31/10/2025 Anum Hassan, FCCA On behalf of Accounting Assist Ltd
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STATEMENT OF FINANCIAL ACTIVITIES
(Incorporating Income and expenditure account)
FOR THE YEAR ENDED 31 December 2024
| Notes Incoming resources Voluntary Income 2 Gift Aid Total Incoming resources Resources expended 3 Cost of Generating Voluntary Income Charitable Activities: Ministry Governance costs Total Resources expended Prior Period Adjustment 5 Movement in total fund for the year- Net income / (expenditure) For the year Fund balance brought forward Fund balance carried forward |
Unrestricted Restricted 2024 2024 £ £ 46,156 8,800 4,210 - |
Total Funds Total Funds 2024 2023 £ £ 54,956 49,317 4,210 |
|---|---|---|
| 50,366 8,800 |
59,166 49,317 |
|
| 21,110 - - - 3,404 - 771 - |
21,110 8,415 - - 3,404 2,439 771 900 |
|
| 25,285 - |
25,285 11,754 |
|
| -10,996 - 36,077 8,800 75,918 - 111,995 8,800 |
-10,996 - 44,877 37,563 75,918 38,355 120,795 75,918 |
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BALANCE SHEET AS AT 31 December 2024
| 2024 2024 2023 2023 Note £ £ £ £ FIXED ASSETS Tangible assets 4 9,135 8,795 CURRENT ASSETS Debtors - - Cash at bank 111,660 78,118 111,660 78,118 CREDITORS:amounts falling due within one year - - NET CURRENT ASSETS 111,660 78,118 NET ASSETS 120,795 86,913 CHARITY FUNDS Unrestricted funds 111,995 86,913 Restricted funds 8,800 - TOTAL FUNDS 120,795 86,913 |
2024 2024 2023 2023 Note £ £ £ £ FIXED ASSETS Tangible assets 4 9,135 8,795 CURRENT ASSETS Debtors - - Cash at bank 111,660 78,118 111,660 78,118 CREDITORS:amounts falling due within one year - - NET CURRENT ASSETS 111,660 78,118 NET ASSETS 120,795 86,913 CHARITY FUNDS Unrestricted funds 111,995 86,913 Restricted funds 8,800 - TOTAL FUNDS 120,795 86,913 |
2024 2024 2023 2023 Note £ £ £ £ FIXED ASSETS Tangible assets 4 9,135 8,795 CURRENT ASSETS Debtors - - Cash at bank 111,660 78,118 111,660 78,118 CREDITORS:amounts falling due within one year - - NET CURRENT ASSETS 111,660 78,118 NET ASSETS 120,795 86,913 CHARITY FUNDS Unrestricted funds 111,995 86,913 Restricted funds 8,800 - TOTAL FUNDS 120,795 86,913 |
2024 2024 2023 2023 Note £ £ £ £ FIXED ASSETS Tangible assets 4 9,135 8,795 CURRENT ASSETS Debtors - - Cash at bank 111,660 78,118 111,660 78,118 CREDITORS:amounts falling due within one year - - NET CURRENT ASSETS 111,660 78,118 NET ASSETS 120,795 86,913 CHARITY FUNDS Unrestricted funds 111,995 86,913 Restricted funds 8,800 - TOTAL FUNDS 120,795 86,913 |
2024 2024 2023 2023 Note £ £ £ £ FIXED ASSETS Tangible assets 4 9,135 8,795 CURRENT ASSETS Debtors - - Cash at bank 111,660 78,118 111,660 78,118 CREDITORS:amounts falling due within one year - - NET CURRENT ASSETS 111,660 78,118 NET ASSETS 120,795 86,913 CHARITY FUNDS Unrestricted funds 111,995 86,913 Restricted funds 8,800 - TOTAL FUNDS 120,795 86,913 |
|---|---|---|---|---|
| 2024 £ - 111,660 |
2024 £ 9,135 111,660 |
2023 £ - 78,118 |
2023 £ 8,795 78,118 |
|
| 111,660 - |
78,118 - |
|||
| 120,795 | 86,913 | |||
| 111,995 8,800 |
86,913 - |
|||
| 120,795 | 86,913 |
The financial statements were approved by the Trustees on and signed on their behalf, by:
Calesia Dawson
……………………………………..………..
PRINT NAME…………………………………………………………………. Calesia Dawson
Date: 30th October 2025
The Notes on page 9 to 13 form part of these accounts.
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NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparation of financial statements
These accounts have been prepared in accordance with the Charities SORP (FRS 102) effective January 2019 and the Charities Act 2011
Fund accounting
Restricted funds are those which are to be used for the specified purpose as laid down by the donor. Expenditure which meets these criteria is allocated to the appropriate fund.
Unrestricted funds are donations and other income received or generated for the furtherance of the objects of the charity without specified purpose and, therefore, are available as general funds.
Incoming resources
Voluntary income by way of donations and gifts to the charity is included in full in the statement of financial activities when received. Intangible income is not included unless it represents goods or services which would have otherwise been purchased.
Grants
Grants including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Resources Expended
Resources expended are recognised in the period in which they incurred. Resources expensed are allocated to the particular activity where the cost relates directly to that activity.
All costs include value added tax where applicable.
2. INCOME RESOURCES VOLUNTARY INCOME
Donations for Charity’s activities Gift Aid |
Unrestricte d Funds Restricted Funds Total Total 2024 2024 2024 2023 £ £ £ £ 46,156 8,800 54,956 49,317 4,210 - 4,210 - |
|---|---|
| 50,366 8,800 59,166 49,317 |
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NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 December 2024 ( continued )
3. TOTAL RESOURCES EXPENDED
| . TOTAL RESOURCES EXPENDED | |
|---|---|
Cost of Generating Funds: Admin Costs Bank Charges Operation Costs Outreach Ministry Governance Costs |
Unrestricted Funds Restricted Funds Total Total 2024 2024 2024 2023 £ £ £ £ 5,135 - 5,135 636 8 - 8 - 15,967 - 15,967 7,729 - - - 50 3,404 - 3,404 2,439 771 - 771 900 |
| 25,285 - 25,285 11,754 |
BREAKDOWN OF COST
| REAKDOWN OF COST | |
|---|---|
Cost of Generating Funds: Admin Costs Phone Bill IT & Subscriptions Marketing & Advertising Office Supplies Professional Fees |
Unrestricted Funds Restricted Funds Total Total 2024 2024 2024 2023 £ £ £ £ 24 - 24 263 654 - 654 - 408 - 408 373 63 - 63 - 3,986 - 3,986 - |
| 5,135 - 5,135 636 |
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NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 December 2024 ( continued )
Operational Costs Church Supplies Musician & Entertainment Guest Preacher Honorarium Church Rent (Building Hire) Church Minibus Insurance Church Minibus MOT & Service Vehicle Hire Travel Accommodation Church Minibus Petrol Annual Church Insurance |
Unrestricted Funds Restricted Funds Total Total 2024 2024 2024 2023 £ £ £ £ 785 - 785 496 1,667 - 1,667 - 1,725 - 1,725 360 7,486 - 7,486 4,848 955 - 955 697 548 - 548 536 325 - 325 - 1,625 - 1,625 - 115 - 115 - 457 - 457 522 279 - 279 270 |
|---|---|
| 15,967 - 15,967 7,729 |
| Ministry Catering for Special Services Charitable Activities & Gifts Conferences Depreciation |
Unrestricted Funds Restricted Funds Total Total 2024 2024 2024 2023 £ £ £ £ 490 - 490 240 377 - 377 - 778 - 778 - 1,759 - 1,759 2,199 |
|---|---|
| 3,404 - 3,404 2,439 |
| Governance Costs | Unrestricted Funds Restricted Funds Total Total 2024 2024 2024 2023 |
|---|---|
| 771 - 771 900 |
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NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 December 2024 ( continued )
4. TANGIBLE FIXED ASSETS
| Cost At 1 January 2024 Additions in the year Disposals in the year At 31 December 2024 Depreciation At 1 January 2024 Charge for the year Disposals in the year At 31 December 2024 Net Book Value at 31 December 2024 Net Book Value at 31 December 2023 |
£ 10,994 2,099 |
|---|---|
| 13,093 | |
| 2,199 1,759 |
|
| 3,958 | |
| 9,135 | |
| 8,795 |
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided to write off the cost of tangible fixed assets over their estimated useful lives on the following basis 20% reducing balance method
The depreciation charge for the year of £1,759 has been included within charitable activities (ministry costs) in the Statement of Financial Activities.
5. Basis of Preparation
The prior year accounts included fixed assets on the balance sheet, but the Statement of Financial Activities was prepared on a cash basis. The 2024 accounts have been prepared on a full accruals basis, and an opening adjustment has been made to align fund balances accordingly. The adjustment had no effect on current-year income or expenditure.
A difference of £10,996 has been identified between the closing funds reported in previous years’ Statement of Financial Activities and the corresponding balance sheet position hence an adjustment of £10,996 was posted in the current year (Dr Reserves / Cr Expenses) to reconcile the brought-forward fund balances with the accounting records. This correction relates to prior periods but has been reflected in the current year for transparency.
The adjustment increased unrestricted reserves by £10,996 and reduced reported expenditure by the same amount. There was no effect on current-year income.
6. Related Party Transactions
There were no related party transactions during the year (2024) requiring disclosure under the Charities SORP (FRS 102).
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NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 December 2024 ( continued )
7. Trustee Remuneration and Expenses
No trustee received any remuneration or reimbursement of expenses during the year (2024), and no trustee or person connected with a trustee received any benefit from the charity.
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