**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**|
**2 |** P a g e
## **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
**3 |** P a g e
## **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:**
1. 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:
- An annual review of the risks which the charity may face.
- The establishment of systems and procedures to mitigate those risks identified
- 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.
- Select suitable accounting policies and then apply them consistently.
- Observe the method and principle in the Charities SORP.
- Make judgements and estimates that are reasonable and prudent.
- State weather applicable UK Accounting Standards have been followed subject to any material departures disclosed and explained in the Financial Statement.
- 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:
- Examine the accounts (under Section 145 of the Charities Act);
- 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
- 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:
- 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
- to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act
- have not been met; or
- 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
**6 |** P a g e
## **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|
**7 |** P a g e
## **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.
**8 |** P a g e
**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**|
**9 |** P a g e
## **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|
**10 |** P a g e
**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|
**11 |** P a g e
**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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