NORTHERN LIGHTS ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2024
Northern Lights
Accounts for the year ended 31[st] March 2024
CHARITY COMMISSION NUMBER 702462
REGISTERED OFFICE “Masaid” Church Lane Neston Cheshire
## TRUSTEES AND OFFICERS
Mrs K Jones MBE and B D Jones “Masaid” Church Lane Neston Cheshire Miss C Johnson 3a Blackeys Lane Neston Cheshire Miss H Johnson 11 Bridle Road Bromborough Merseyside Mrs R Cornah 6 Highfield Close Neston Cheshire Mrs H Foster 27 Thornton Crescent Gayton Merseyside Mrs V Chapman and J Chapman 12 Allans Meadow Neston Cheshire Mrs W Reilly The Orchard Buggen Lane Neston Cheshire Miss R Jones 2 Burton Road Neston Cheshire
BANKERS HSBC plc
## INDEPENDENT EXAMINERS
Guy Payne & Co - Neston Cheshire
|CONTENTS||
|---|---|
||Page|
|Report of the Trustees|2|
|Independent Examiners Report|3|
|Income & Expenditure Account|4|
|Balance Sheet|5|
|Notes to the Income and Expenditure Account|6|
|Note to the Balance Sheet and Accounting Policies|
7|
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Northern Lights
Accounts for the year ended 31[st] March 2024
Charity Commission Number 702462
## REPORT OF THE TRUSTEES OF NORTHERN LIGHTS
The trustees present their report and the accounts for the year ended 31[st] March 2024.
## OBJECTIVE
The objective of the charity is to provide relief for children with life limiting illnesses principally in the North of England and is mainly achieved by providing holidays of a lifetime for the children.
## REVIEW OF ACTIVITIES
The trustees fully endorse the Charity Commissioners guidance on public benefit at our trustee meetings to comply with our duty under section 17 of the Charities Act 2011.
The charity raises funds mainly through general donations but also raised £8,820 from its own fund raising activities. The trustees are very grateful to everyone who donates funds to make the special holidays possible.
## ORGANISATION DECISIONS AND APPOINTMENT OF TRUSTEES
The trustees are governed by a trust deed and operate and reach decisions through a committee comprising all the trustees. If a trustee resigns another is appointed to maintain the number to at least eight.
## FINANCIAL REVIEW RESERVES AND RISKS
It is the general policy of the trustees to retain at least a year’s gross income in reserve to meet the charitable objectives because of the uncertainty of general donations on which the charity relies. At 31[st] March 2024 the charity held funds of £233,695 and additional charitable expenditure is planned to bring the funds into line with the policy.
The trustees have adopted a low risk strategy as regards investments and general operations. No major risks have been identified.
The trustees express their thanks to all those individuals, groups, businesses and organisations who have contributed to the charity and thank in particular the work of the fund raising committee.
Miss R Jones Secretary
4 December 2024
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Northern Lights
Accounts for the year ended 31[st] March 2024
Charity Commission Number 702462
## INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF NORTHERN LIGHTS
We report on the accounts for the year ended 31[st] March 2024 set out on pages 4 to 7 which have been prepared under the historical cost convention and the accounting policies given on page 7.
## RESPECTIVE RESPONSIBILITIES OF THE 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 under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
- examine the accounts under section 145 of the 2011 Act.
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act and
- to state whether particular matters have come to our attention.
## BASIS OF INDEPENDENT EXAMINER’S REPORT
Our examination was carried out in accordance with the 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 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 our examination, no matter has come to our attention.
1. which gives us reasonable cause to believe that in any material respect the requirements -to keep accounting records in accordance with section 130 of the 2011 Act
- -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. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Guy Payne & Co Chartered Accountants
NESTON CHESHIRE CH64 9XF
4 December 2024
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Northern Lights
## Accounts for the year ended 31[st] March 2024
Statement of Financial Activities and Income and Expenditure Account
|Donations and Legacies
Gift Aid
Fund raising Income from other activities
Fund raising expenses
Other Income – Bank Interest
Net Income
Expenditure
Charitable Expenditure
General Administrative Expenses
Net Movement in Funds
|2024
£
7,118
6,162
12,992
( 4,172)
3,674
25,774
49,307
841
50,148
(24,374)|2023
£
8,189
-
13,493
(4,063)
984
19,053
15,925
1,348
17,273
1,780|
|---|---|---|
|||
|
.
.
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Northern Lights
## Accounts for the year ended 31[st] March 2024
## Balance Sheet
|Current Assets
Debtors – deposits / tax refunds
Bank and building society balances
Cash in hand
_
Current liabilities
Accrued expenses
Net Current Assets
ACCUMULATED FUND
Balance at the start of period
Net Movement in Funds
|2024
2023
£
£
-
2,700
233,695 254,684
_ 788
1,473
234,483 258,857
480
480
234,003 258,377
258,377 256,597
(24,374) 1,780
234,003
258,377|
|---|---|
I approve these accounts on behalf of the Trustees
K JONES MBE Chairman 4 December 2024
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Northern Lights
Accounts for the year ended 31[st] March 2024
## **Notes to the Acc** ounts
|1**. Income and expenditure analysis**
Fund raising income
Dance
Little Villages
Charity walks
Afternoon tea
Fund raising expenses
Dance
Charitable expenditure
Legoland
Lapland
Other
General administrative expenses
Insurance
Postage and stationery
General expenses
Internet/website
Accountancy|2024
£
8,554
563
3,875
-
12,992
4,172
-
49,307
-
277
23
61
-
480
841|2023
£
8,971
-
4,366
606
13,943
4,063
15,227
-
698
234
300
61
273
480
1,348|
|---|---|---|
## 2. **Trustee Remuneration and Expenses**
No remuneration was paid or was payable directly or indirectly out of the funds of the charity for the year to any trustee or to any person or persons known to be connected with any of them.
No amounts (2023 - £nil) were reimbursed for expenses to any committee members.
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Northern Lights
Accounts for the year ended 31[st] March 2024
## Notes to the Accounts
3. ACCOUNTING POLICIES
- a. Basis of accounting The accounts have been prepared under the historical cost convention as modified by the accounting policies given below and in accordance with applicable accounting standards and the statement of recommended practice on accounting for charities.
- b. Income
- Income is credited when received except receipts from central or local government.
- c. Expenditure Expenditure is charged on the accruals basis except that no items are carried forward if paid in advance.
- d. Fixed assets
- Depreciation is provided at the annual rate of 15% on cost in order to write off each asset over its estimated useful life.
- e. Foreign currencies Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the surplus or deficit.
.
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