THE SALIGHT FOUNDATION LIMITED
AIYNUAL REPORT AND FINANCIAL STATEfwIENTS
FOR TUE YEAR ENDED 31 DECEMBER 2023
Company Registration Number: Nt033732
Charities Rcgi5tralion Number: NIC105155

THE SALIGHT FOUNDATION LIMITED
ANiYUAL REPORT AND FJTrIANCIAL STATEMENTS FOR THE YEAR ENDED 31 sr DECEMBER 2023
COTNTENTS
Report of the Trustees
Independent examiner s report
Statement of Financial Activities (incorporating income and expenditure account)
Statement of Financial Posifion/Balance Sheei
Cash Flow Statement
Notes to th¢ financial stalemenis
9- 12

THE SALIGHT FOUNDATION LIMITED
REPORT OF TH E DIRECTORS (INCORPORA TING TRUSTEES, REPORT}
The Directors (who are also the tn￿le¢s) are pleased to presenl their annual report together with the financial statements
of the chartty for the year ending J l December 2023, which are prepared io meet the requirements for a dire¢tors' report
and accounts for Companies Act purposes. The directors have adopted the provisions of the Companies Act 2006 and
Accounting and Reporting by Charilie5-. Statement of Recovnmended Praclice applicable to charities preparing accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP -
FRS102), in preparillL￿ the ar￿Ual repon and financial statements of the chariry.
FinAncial review and funds policy
During the year the Charity's total income was £39? Ivith its expenses totalling £5i,833. The net outgoing resources for
Ihe year amounting to £5J,441 as ShO￿"n in the statemejit of financial activitie5 on page 6 have been deducted from the
company's funds.
At the year end the Charity had £165,6i5 of cash funds available for distribulion.
The company plans lo continue it5 activities in the forthcoming years.
Objectives and Activities (and how they deliver public benefit)
The Obje¢ts of the Charity are..
To promote the benefit of the inhabitants of Nonhem Ireland withour distinction of sex, sexual orientation, race
or of political, religious or other opinion by associating iogether with the said inhabitants and the local
authorities, voluntary and oiher organisalions in a common effort to relieve poverty and advance education and
io provide facilities in the interests of social welfare for the recreaiion and leisure-time occupaiion with the objeci
of improving the conditions of life for the said inhabithnts.
To advance the Christian religion.
The main aim of the Chariiy is to reach oul to both individuals and charities in the local community and practically express
God's Love. The Charity f￿ancIallY supporrs orgianisations whose objective is to advance the Christian taith without
prejudice or discrirnination. As a resuli of this finanLial assistance, and the endeavoiirs of ihe employees of the Charity,
we believe that we positively irnpact and llnprove lives of both individuals and fainilie5 for the better. The Charity and
ils employees are willing 10 help anyone who finds themselves in hardship or distress. This in turn allow us to witne5S
and share our Christian faith, and throuoh this, lives are improved. People move away from poverty, addi¢rion and
deprivation to live new lives and come to know Jesus Christ. One of the objectives of the Charity is to promote the benefit
of the public of Northern Ireland by associating witli local authorities, voluntary and other organisalions including
hurches in a common effort to relieve poverty, to advance education arjd to provide facilities in the interests of social
welfare for recreaiion and leisure time occupation. This is achieved through assisting people from areas of social and
economic deprivation both f￿anCIaLLY and practically &$ well as encouraging children and adults to develop as individua15
and become active members of the community ihereby incre&sing feelings of confideTJce and self-worth.
It also seeks to provide children, youno
people, adults and elderly members of the community with the opportunity to
take part in recreational and creative events which is a direct benefit to individuals by providing a platforn) for people to
interact, socialise and build relationships with their peers- this is also an indirect benefit for the public as there is an
improvement in social behaviour. The Charity will also meet the public beT]efit by seeking to advance the Christian faith
which will be a direct benefit to people and an indireci benefjt to the public due lo the teaching of moral standards. This
strenothens families and encourages individuals to become more active citizens and make better lifestyle choices leadin(Y
to a reduction in homelessness, addiction and poverty. Please note we hereby confinn that there As no private benefit or
potential hann from the objects of the Charity.
'rhe fru5tees have had reDard to the Charity Commission s Public Benefit requirement.

THE SALIGHT FOUNDATION LIMITED
REPORT OF THE DIRECTORS (conlinued)
Reference and adminislrative details
Registered charity name-
Charity Commission Tegistration number:
14MRC charity reference:
Company registration nurnber=
Principle office and registered otTic¢'.
The Salight Foundation Limited
NICI0515i
XR27703
N10357i2
4? Tully Road.
Ballymena.
Counry Antrim
BT44 8DG.
Directors and Trustee5 of the Company
The director who held office during the year, and in the period since 31 D¢cember 2023 to the date of these accounts
were approved, was as follows:
Mrs Lorraine Wright
Slructurey governance and management
The Company is a charity limited by guaraiitee without share capilal.
The Cornpany 15 governed by lis Memorandum and Articles of Associaiion dated 3 March 1999. In the evenl of ihe
Company beingy wound up Tnetnbers are required to coniribuie an amount not exceedino £ l O. The Board is responsible
for the overall governance of the Company and is aeiively involved in the day-io-day managemeni of the organisation.
Directors are appoinled in line with the Memorandum and Articles of Association of the company.
The Board of DireLtors are also known as Trustees for the purposes of the Charity Commission.
Risk management
The directors have conducted a review of the niajor risks to which the charity 15 exposed. Financial risk is reviewed on a
monthly basis having due regard to ongoing income and expenses.
Statement of dir¢ctors' responsibilities
The directors (who are the trustees of The Salight Foundalion Limited) are responsible for preparing the dire¢tor5' report
and the financial statements in accordance with applicable law and r¢gulations.
Company law requires the director5 to prepare fmancial statements for eacli financial year. Under that law the directors
have prepared the fiiiancial statements in accordance with United Kingdoin Generally Accepted Accounting Practice
(United King,dom Accounting Standards and applicable law). Under Company law the director5 Inu5t not approve the
financial statements unless thej" are satisfied that they give a true and fair view of the state of affairs of the charitable
oinpany and of the incoming resources and application of resources. including income and expenditure for that period.
In preparino these financial statements, the directors are required to-
Sele￿ suitable accounting policies and apply them consistently-
observe the methods and principles ID the Charities SORP-FRS102.
make judgements and accounting estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed. subject to any material departures disclosed
and explained in the fmancial statetnent- and
prepare the [￿anCIal statements on the goitLg concern basis unless it is inappropriate to presume that the company
will continue in business.

THE SALIGHT FOUNDATION LIMITED
REPORT OF THE DIRECTORS (conlinued)
Statement of directors. responsibilities (¢oniinued)
The directors are responsible for keeping adequale accounling records that are sufficient to show and explain the Charitable
cornpany's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company
and enable them to ensure that the fmancial statemenis comply wilh the Companies Aci 2006. They are also responsible
tor safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and
detection of fraud and other I￿egularitieS.
In the case of each director in office at the date the Directors. Report is approved:
so far as the diTectOT is aware, there is no relevant audii inforn)ation of which the charity's auditOTS are unaware.
and
they have taken all the sleps that they ought to have taken &s a dirertor in order to Inake themselves aware of any
relevant audit infornialion and lo establish that the charitable company's auditors aTe aware of that infonnation.
Funds held as custodi#n trustee on behalf of others
The charity does not hold any funds on behalf of others.
Auditors
A resolution to appoint auditors will be proposed at the Annual Genernl Meeting.
Small companies provision statement
This report has been prepared in accordance ￿'7[h the special provisions relating to companies subject to the srnall
con)panies regime wichin Parc 15 of rhe Coinpankes Aci ?006.
Approved by the Board on 22nd March 2024 and siyi¢d on its behalf by..
Lorraine Wright

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
OF THE SALIGHT FOUNDATION LJMITED
I report on the accounts for the year ended 31 si December 202) which are set out on pages 6 to 12.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for Ihe preparation of the accounts. The charity's trustees consider that an audit is
not required for this period under section 65(2) of the Charities Act (Northern Ireland) 2008 (ag amended) and that an
independent examination is needed.
It 15 my responsibility to:
examine the accounts under s¢clion 65()) of the 2008 Act.
to follow Ihe procedures laid down in the general Directions given by the Charity Comrnission under section
65(9)(b) of the 2008 Acl. and
to slate whether particular matter5 have come to my attention
Basis of independenl examiner's reporl
I have examined your charity accounts as required under section 65 of the Charities Act aiid my exalnination was carried
out in accordance with the general Directions given by the Charity Commission for Northern Ireland Linder section
65(9){b) of the Charilies Act.
My exarninalion included a revieiv of the accounliJ]o records kept by Ihe charity and a comparison of the accounis
presented with those records. li also included consideration of any unusual items or disclosures in Ihe accoiinis, and
seekino explanations from you as charity truslees concerning any such maile￿.
My role is to stste whether any maierial matters have come to my ￿tentIOn giving me cause to believe:
That accounting records were not kepl in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounling requirements of the Charities Act
4. That there is fijrther inforn]alion needed for a proper understanding of the accounts to be reached.
Independent examiner's 5txtement
I have complet¢d my examination and have no concerns in respect of the matters (l ) to (4) listed above and, in connection
with following the Directions of the Charity Commission for Northem Ireland, I have found no matter5 that require
drawing to your attention.
Peter Stevenson
Member of the Institute of Chartered
Aecountants in Ireland
Stevenson and Wilson
22-30 Broadway Avenue
Ballymena
BT4J 7AA
22, March 2024

THE SALIGHT FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECE￿IBER 2023
Unrestricted
Funds
Total
2023
Total
2023
2022
Note
Incoming resources
Interest received
Donations received
392
392
26
25,051
Total income
39?
392
?5.077
Resources expended
Lharitable activities
53.833
53,833
11,117
Total expenditure
53,833
53,833
I 1,1 l7
Net Jnovemellt in funds
(53,441)
(43,441)
13,960
Reconciliation of fund5:
Total funds brought forward
218,076
218,076
204,116
Total funds carried for)vard
164,635
218,076
The statement of financial activitie5 includes all gains and10s5es recognised in the year.
All income and expenditure derives from continuing a¢tivities.
The notes on pages 9 to 12 forni part of these accounts.

THE SALIGHT FOUNDATION Ltt¥qITED
ST
STATEMEiYf OF FINANCIAL POSITION I BALANCE SHEET AS AT 31 DECEMBER 2023
Note
2023
20??
Current assets
Debtors
Cash at bank
146,250
73,826
220,076
165,635
Creditors: amounls due within one year
1,000
2,000
Iyet curren¢ assets
1,000
2,000
Total net asset5
io
164,635
218,076
Unrestricted funds
General funds
Total unrestricted funds
164.635
164.635
218,076
218,076
Total chsrity funds
164,635
218,076
The financial statements have beei) prepared in accordance with the provisions applicable to companies subject to the
small companies, iegiine under The Coinpanies Act 2006 and with Charities SORP-FRSIO2.
The notes on pag¢5 9 to 12 are an integrdl part of these financial statements.
The financial statements on pages 6 to l2 were approved by the Board of Trusiees on 22. March 2024 and signed on its
behalf by:
Lorraine Wri(Iht
Trustee
The notes on page5 9 to 12 fortn part of these accounts.

THE SALIGHT FOUNDATION LIlWtITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31- DECEMBER 2023
2023
2022
Cash tlow from operating activities
Net {ourgointy)lincoming resources l￿fore interest received
Decreage in debtors
{Decrease)lincrease in creditors
Net cash inflojw from incoming resourc¢s
(53,833)
146,250
( 1,000)
91,417
15,000
2,000
Returns on illvestments and servieing of finance
Interest received
392
26
Nel increase in cash for Ihe year
91,809
30,960
Cash and cash equivalents at the beginning of the year
73,826
42,866
Cash and cash equivalent at the end of the year
165,63.5
73,826
The notes on pages 9 to 12 lom part of these accounts.

THE SALIGHT FOUNDATION LIMITED
ST
NOTES TO THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 DECEMBER 2023
Company information
Th¢ Company is limited by guarantee and is incorpordted in Northern Ireland. The address of the registered office is
42 Tully Roa(I Portglenone, Ballymena. Co Antrim BT44 8DG. The financial statements were authorised for issue
by the Board on 22° March 2024.
2. Accounting policies
The principal accounting policies adopred, judgements and key sources of estimation uncertainty in the preparation
of the finallcial statemenis are as follows-
Basis of preparalion
The financial 5tatemenis have been prepared on a going coi)cem basis in accordance ivith Accounting and Reportit)g
by Charities: Statement of Recommended Practice applicable to charities preparinbT their account5 in accordance with
the Financial Reporting Standard applicable in ihe UK and Republic of Ireland (FRS 102)- (Charities SORP (FRS
102)}, the Financial Reporting S￿ndard applicable in the UK and Republic of Ireland {FRS 10?) and Ihe Companies
Act 2006.
The Company meets the definilion of a public benefit entiry under FRS 102. Assets and liabilities are initially
recognised ai historical cosl and transaction value unless olherwise stated in the relevant accounting policy noie(s).
Preparation of accounts on a going concern basis
The Chariry gienerally meets its day to day ivorking capital requirements from its annual income. The Trustees have
obtained and reviewed cash tlow forecasts for the coming year and based on these are satisfied that ihe Charity has
resources to provide a reasonable expectation thal it can continue to meet ils financial obligations as ihey fall due for
the foreseeable future. Therefore, these financial slatements have been prepared on a going concern basis.
Incoming resources
Donations received comprise5 all cash receivable for the accounting period, including any related tax recoverable
under Gift Aid. Income is recognised when the Charity h&s established an entitlement to the income. For donations
this is rypically upon receipt. Gift aid income is accrued in respect of charithble donations already receipted.
Resources expended
ResourLes expended are recognised in the period in which ihey are incurred.
Charitable expendiTure comprises those cosls incurred by the charity in the delivery of ils activities and service5 to
its beneficiaries. It include5 both costb. that can be allocated directly to such activities and those costs of an indir¢ct
nature necessary to SUPPOrt them.
Short-term debtor5 and creditors
Debtors and creditors wilh no slated inlerest rdte and receivable or payable within one year are recorded at tran.qaction
pri¢e. Financial assets, including d¢bLors, are reviewed al Ihe reporting dale to deterniine if there is any evidence of
polential iTnpairment. Any losses arising from impairmenl are recognised in the income siaiemeni in operating
expenses.
Cash and cash equivalents
Cash and cash equivalents include cash in hand and cash at banks.
Financial instruments
Tlie Charity only has financial assets and financial liabilities of a kind that qualify &s b&sic financial instruments.
Basic financial instnullents are initially recoyised at transaction price and subsequently measured al their settlement
value.

THE SALIG￿r FOUNDATION LI,MITED
IYOTES TO THE FINANCIAL STATEMENTS (conlinued)
2. AecounÉing policies (eunlinued)
Funds
Funds are classified as either unrestricted tunds or reslricled funds, der￿ed a5 follows.
lJnrestricted tiinds are expendable at the discretion of the tNstees in furtherance of the objects ot the charity. If parts
of the unrestricted funds are eamiarked at the di5CTetion of the trustees lor a particular PLirpose, they are designated
as a separaie fund. This designaiion has an adm inisiraiive purpose onl>, and does not legally restrict the t￿stee5,
discretion to apply the fund.
Rcstricled funds are funds subject to specific requirements as to their use which may be declared by the donor or with
oal processes. but still within ihe wider objects of the Charity.
Iheir authority or created through le.
3. Critleal aceountin2 judgements and estimation uncertainty
Fslimates and judgments made in ihe pro¢ess of preparing the financial siaieinenis are continually evaluated aiid air
based on historical experience and oilier factors. including expeciations of fuiLire events that are believed to be
Teaqonable under Ihe circumslances. The Trustees do not consider Ihai Ihere are any criiical .judgTtnents made in
applying the C.ompany's accounting policies or that there are any critical accoiinling eslimales or assutnptions which
may have a significani risk of causing a ma(erial adjustment to canying amounts of assets and liabilities within the
next financial year.
4. Analysis of ineome
Unrestricted
Fund5
2023
Total
Total
2023
2022
Intcrest received
Bank interest received
392
392
26
Donations received
Donations re¢¢ived
25,051
Total income
392
392
25,077
10

THE SALIGHT FOUIYDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS fconlinued)
5. Analysis o( exp¢nditur¢
Unrestricted
Funds
2023
Tolal
Total
2023
2022
Charitable activities
Charitable donations
49,418
3286
91
49,418
3286
91
10,473
555
Oiher expenses
Administration cosis
Generdl expenses
89
1,038
1,038
53,833
53,833
11,117
6. Taxation
The Salight Foundation Limiled is recognised as a charity for (he purposes of applicable taxalion legislalion and is
therefore not subject to taxation on its charltable activities.
7. Analysis of staff costs, trustee remuneration and expenses, and the eosl of key management personnel
The average number of persons employed by the company (including directors) during the year was l (2022: 1 }.
There are no employees in rec¢ipl of employee benefits in excess of £30,000. No trustee or a person related to a
trustee had any personal interest in any ¢ontra¢t or transaction entered iTJto by the chariry during the year.
8. Debtors
2023
2022
Other debtors. proc¢eds from prop¢rty disposal
146,250
9. Creditors: amounls due within one year
2023
2022
Creditors and accnLals
1,000
2,000

THE SALIGHT FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (cotttiMHed)
10. Analysis of net assets
Unrestricted
General
Total
Net current assets
164,635
164,63)
Lyet assets at 31" December 2023
164,635
164,635
I l. Funds of the Company
A131
December
2023
Al l January
2023
Income
Expenditure
Unrestricted funds
General fund
218,076
218,076
392
(53,8)))
(53,833)
164,635
164,635
Total funds
218,076
392
($3.833)
164,635
12. Financial instruments
At the balance sheet date, the Company held the following financial instrnmen(s'.
2023
2022
Financial assets that are debt instrumgnts measured at amortised cost
165,635
220,076
Financial liabilities measured at amorti5ed cost
1,000
2,000
13. Related party transactions
Th¢re were no payment5 made, or expenses reimbursed, to the Trustee during the year.
14. Capital commitments
The company had no capital commitments at the balance sheet date (2022.. none).
15. Controlling party
During the year The Salight Foundation Limited was under the control of the Trustee (who is also the director).
12