Charity Registration No: 803069
## **LIGHTHOUSE FAMILY TRUST**
**ANNUAL ACCOUNTS**
**FOR THE YEAR ENDED 30th SEPTEMBER 2020**
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **CONTENTS**
||Page|
|---|---|
|Legal and administrative information|1|
|Report of the Trustees|2 - 3|
|Independent examiners report|4|
|Statement of financial activities|5|
|Statement of assets and liabilities|6|
|Notes to the financial statements|7 - 10|
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|CHARITY NAME|Lighthouse Family Trust|
|---|---|
|WORKING NAME|Lighthouse Centre|
|REGISTERED NUMBER|803069|
|TRUSTEES|Lorna Chesney (Chair)|
||Timothy Platts|
||Fiona Thomas|
||Paul Withams (from January 2020)|
||Kathleen Playle (from January 2020)|
|TREASURER|Yvette Frost|
|REGISTERED ADDRESS|32 Wharf Road|
||Chelmsford|
||Essex|
||CM2 6LU|
|BANKERS|Barclays Bank PLC|
||High Street|
||Chelmsford|
||Essex|
||CM1 1DS|
|INDEPENDENT EXAMINER|Michael J Ventham FCA|
||22 St Stephens Road|
||Cold Norton|
||Chelmsford|
||Essex|
||CM3 6JE|
1
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **REPORT OF THE TRUSTEES**
The trustees have pleasure in submitting their annual report and the accounts of the charity for the year ended 30 September 2020.
The accounts have been prepared in accordance with the accounting policies set out in Note 1 and comply with the Charity’s Trust Deed dated 31 October 1989.
## **OBJECTIVES AND ACTIVITIES**
## **Policies and objectives**
The Trust's main activities are that of advice and counselling.
In planning our activities for the year, the trustees have given due consideration to the general guidance published by the Charity Commission on public benefit.
## **Activities undertaken to achieve objectives**
The Trust provides counselling for those who are pregnant and worried, and those who have post abortion problems or distress about a baby loss.
Prior to the Covid-19 lockdown in March 2020 all counselling was face to face. Due to restrictions from March until July 2020 no face to face counselling took place and clients were supported by telephone care calls. From the Autumn clients were able to be supported by telephone and online counselling services.
## **Contributions by volunteers**
All practitioners work on a voluntary basis.
## **ACHEIVEMENT AND PERFORMANCE**
The majority of referrals come from the NHS including the mental health service. The support the Trust provides is unique in our area as the NHS provides no such support. Our services have been over-subscribed for years and the waiting list grew during the Covid-19 pandemic.
Feedback from clients and referring agencies showed how greatly valued our service is, enabling those who are grieving to find a way forward and cope with life again.
## **FINANCIAL REVIEW**
## **Principle funding**
The principal funding source is that of grants and donations.
## **Reserves policy**
The Trust’s reserves policy is to be able to sustain the charity for at least 3 months in the event of a financial crisis.
Total reserves currently held are £10,000.
2
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **REPORT OF THE TRUSTEES**
## **FINANCIAL REVIEW - continued**
## **Going concern**
After making appropriate enquiries and considering the possible effects on the charity of the global pandemic caused by Covid-19, the Trustees have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Constitution**
The charity was established under a Trust Deed dated 31 October 1989. The charity is registered with The Charity Commission as a Registered Charitable Trust under the number 803069.
## **Methods of appointment or election of Trustees**
Applications from potential trustees are sought from the local church community. There is an interview process and references are obtained including from their church leader.
Any appointment is subject to approval by the Trustees and is minuted at a Trustees' Meeting.
## **STATEMENT OF TRUSTEES RESPONSIBILITY**
The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Signed:**
LORNA CHESNEY _Chair_ Date:
3
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LIGHTHOUSE FAMILY TRUST**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 September 2020.
## **RESPONSIBILITIES AND BASIS OF REPORT**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
The charity's trustees consider that an audit is not required under section 144 of the Act and that an independent examination is needed. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. Therefore I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.
## **INDEPENDENT EXAMINERS STATEMENT**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached.
**----- Start of picture text -----**
Signed:
**----- End of picture text -----**
MICHAEL J VENTHAM FCA
Date:
4
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **STATEMENT OF FINANCIAL ACTIVITIES**
|**Income**
Grants
Donations
Gift aid
Other
**Total income**
**Expenditure**
**Premises costs**
Rent
Service charge
Office insurance
Utilities
Parking
Furniture & equipment
Repairs & maintenance
Fees
**Staff & training**
Staff salaries
Team Development
Training
**Administration**
Professional insurance
Telephone & computer
Printing & Stationery
Publicity & advertising
Subscriptions
Food & beverages
Postage
Donations
Miscellaneous
**Total expenditure**
**Surplus/(deficit)**
**Opening Balance at 1st October**
**Transfer of funds**
**Closing balance**|**General**
**Restricted**
**Designated**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
10,000
26,428
-
36,428
12,416
-
-
12,416
1,268
-
-
1,268
96
192
-
288
**23,780**
**26,620**
**-**
**50,400**
9,747
4,000
-
13,747
416
-
-
416
267
-
-
267
428
-
-
428
111
-
-
111
-
9,685
-
9,685
89
331
-
420
-
1,635
-
1,635
2,492
5,722
-
8,214
97
-
-
97
933
-
-
933
264
-
-
264
513
-
-
513
108
-
-
108
-
-
-
-
351
-
-
351
7
-
-
7
43
-
-
43
240
-
-
240
267
-
-
267
**16,373**
**21,373**
**-**
**37,746**
**7,407**
**5,247**
**-**
**12,654**
28,403
158
138
28,699
23,000
-
-
23,000
-
**12,810**
**5,405**
**23,138**
**41,353**
**2019/20**|**18/19**
**Total**
**Funds**
5,000
13,515
2,472
380|
|---|---|---|
|||**21,367**|
|||8,000
-
210
-
-
-
-
500
9,012
-
914
264
653
108
207
130
282
111
240
216|
|||**20,848**|
|||**519**
28,180
-|
|||**28,699**|
5
## **LIGHTHOUSE FAMILY TRUST**
## Accounts for the Year ended 30th September 2020
## **STATEMENT OF ASSETS AND LIABILTIES**
**----- Start of picture text -----**
2019/20 18/19
General Restricted Designated Total Total
Funds Funds Funds Funds Funds
Current Assets
Bank current accounts 2,794 5,405 8,138 16,337 3,677
-
Bank deposit accounts 10,000 15,000 25,000 25,000
Cash in hand 16 - - 16 22
TOTAL ASSETS 12,810 5,405 23,138 41,353 28,699
TOTAL LIABILITIES - - - - -
NET ASSETS 12,810 5,405 23,138 41,353 28,699
**----- End of picture text -----**
The financial statements were approved by the Trustees on 23 February 2021.
## **Approved by:**
LORNA CHESNEY _Chair_
6
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **NOTES TO THE FINANCIAL STATEMENTS**
## **1 ACCOUNTING POLICIES**
## **1.1 Basis of preparation**
The accounts are prepared on a receipts and payments basis in accordance with section 133 of the Charities Act 2011, taking into account only transactions falling within the year, and as such contain no accruals or prepayments.
## **1.2 Changes to accounting policies**
The accounting policies have been applied consistently throughout the year as in the previous year and no changes have occurred in the reporting period. No material prior year errors have been identified in the reporting period.
## **1.3 Income**
All income is recognised once the charity has entitlement to that income.
Voluntary income is received by way of grants, donations and gifts, and is included in the statement of financial activities when receivable. Gift Aid receivable is recognised at the time of donation.
Investment income is included when receivable.
## **1.4 Expenditure**
All costs are allocated between the expenditure categories on the statement of financial activities on a basis designed to reflect the use of the resource.
There were no employees who received pay over £60,000.
## **1.5 Fund accounting**
Funds are held as either general, designated or restricted.
General funds are unrestricted and available for general use at the Trustees' discretion.
Designated funds are unrestricted but set aside for a particular use as decided by the Trustees. These funds can be reallocated to general funds at the Trustees' discretion.
Restricted funds are used wholly for the purpose of which they were received.
## **2 INDEPENDENT EXAMINER'S REMUNERATION**
The independent examiner's remuneration amounts to a fee of NIL (2019: NIL).
## **3 TRUSTEES' REMUNERATION AND EXPENSES**
None of the Trustees received any remuneration or expenses reimbursements during the year or prior year.
7
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **NOTES TO THE FINANCIAL STATEMENTS**
## **4 STATEMENT OF FUNDS**
|Balance at 1st October
Income
Expenditure
Balance at 30th September
**5 INVESTMENT RETURN**
Barclays Current Account
**6**
**GRANTS RECEIVED**
**a UNRESTRICTED**
Business Support Grant
**b RESTRICTED**
Operations Fund
Furniture
Rent
Salaries
Job Retention Scheme
Total Grants received|**2020**
28,699
50,400
37,746
-
41,353
**2020**
31
**2020**
10,000
13,300
3,156
4,000
5,000
972
26,428|**2019**
28,180
21,367
20,848
-|
|---|---|---|
|||28,699|
|||**2019**
50|
|||**2019**
-|
|||-
-
5,000
-
-|
|||5,000|
8
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **NOTES TO THE FINANCIAL STATEMENTS**
## **7 RESTRICTED FUNDS**
|Balance brought forward
Grant Income
Other
Operations
Furniture
Rent
Salaries
Balance carried forward
_Split as follows : -_
Operations fund
Furniture
Salaries|**2020**
158
26,428
192
26,778
11,493
158
4,000
5,722
5,405
1,999
3,156
250
5,405|**2019**
185
5,000
-|
|---|---|---|
|||5,185
27
-
5,000
-|
|||158|
|||-
158
-|
|||158|
## **8 DEBTORS**
Due to preparation on a receipt and payments basis, the following debtors were not reflected in the accounts but outstanding at year end:
|Gift Aid claimable
Undeposited cash donations
Lease payments in advance|**2020**
474
-
3,347
3,821|**2019**
340
245
-|
|---|---|---|
|||585|
9
**LIGHTHOUSE FAMILY TRUST** Accounts for the Year ended 30th September 2020
## **NOTES TO THE FINANCIAL STATEMENTS**
## **9 PROPERTY LEASE**
Although not reflected in the accounts, the Trust currently holds a long term property lease at its premises in Wharf Road.
The lease is for a total of 5 years, ending in June 2024.
The total amount still to be paid on the lease is £50,653 (2019: £62,400)
10