THE SALIGHT FOUNDATION LIMITED
ANNUAL REPORT AI¥D FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31- DECEMBER 2024
Company Registration Number: N1035732
Charities Registration Number: NICJ05155

THE SALIGHT FOUNDATION LIMITED
ST
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 3] DECEMBER 2024
CONTENTS
Pages
Report of the Trustee
Independent examiner's report
Statement of Financial Activities (incorporating income and expenditure account)
Staten]ent of Financial PositionlBalance Sheet
Cash Flow Statement
Notes to the financial statements
9-12

THE SALIGHT FOUNDATION LIIVllTED
REPORT OF THE DIRECTOR (INCORPORATING TRUSTEE'S REPORT)
The Director (who is also the trustee) are pleased to PTesent their annual report together with the f]nancial statement5 of
the charity for the year endino 31 DeceTnbei 2024, which are prepared to meet the requirements for a director's Teport
and accounts for Companies Act purposes. The directors have adopted the provisions of the Companies Act 2006 and
Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP -
FRS102), in PTeparing the annual report and flnancial statements of the charity.
Financial revieiv and fund5 policy
During the year the Charity's total income was £2,428, with its expenses totalling £34,769. The net outgoing resources
for the year amounting to £32,341 as shown in the statement of financial activities on page 6 have been deducted from
the COTnpany's fund5.
At the year end the Charity had £62,294 of cash funds available for distribution.
The company plans to continue its activities in the forthcoming years.
Objectives and Activities (and how they deliver public benefit)
The Objects of the Charity are:
To promote the benefit of the inhabitants of Northern Ireland without distinction of sex, sexual orieJ)tation, race
or of political, religious OT Other opinion by associating together with the said inhabitants and the local
authorities, voluntary and other organisations in a common effort to relieve poverty and advance education and
to provide facilities in the interests of social welfare for the recreation and leisure-time occupation with the object
of improving the condTtions of life for the said inhabitants.
To advance the Christian religion.
The main aim of the Charity is to reach out to both individuals and charities in the local community and practically express
God's Love. The Charity financially supports organisations whose objective is to advance the Christian faith without
prejudice or discrimination. As a result of this financial a5515tance, and the endeavour5 of the eTnployees of the Charity,
we believe that we positively iTnpact and improve lives of both individuals and families for the better. The Charity and
its employees are willing to help anyone who finds themselves in hardship or distress. This in turn allow us to witness
and share our Christian faith, and through this, lives are improved. People move away from poverty, addiction 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 Northem Ireland by associating with local authorities, voluDtary and other organisations including
churches in a common effort to relieve poverty, to advance education and to provide facilities in the inteTests of social
welfare for recreation and leisure time occupation. This is achieved through assisting people from areas of Social and
economic deprivation both financially and practically as well as encouraging children and adults to develop as individua15
and become active members of the community thereby incre&sing feelings of confidence and self-worth.
It also seeks to provide children, young 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 platforni 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 ChTlStian faith
which will be a direct benefit to people and an indirect benefil to the public due to the teaching of moral standards. This
strengthens families and encourages individuals to become more active citizens and make better lifestyle choices leading
to a reduction in homele5sne55, addiction and poverty. Please note we hereby confinn that there is no private benefit or
potential harm from the objects of the Charity.
The Trustee has had regard to the Charity Commission's Public Benefil Tequirement.

THE SALIGHT FOUNDATION LIMITED
REPORT OF THE DIRECTORS (continued)
Referenee and administrative details
Registered charity name..
Charity CommissTon registration number-
HMRC charity reference..
Company registration number..
Principle office and registered office=
The Salitsht Foundation Limited
NIC105155
XR27703
N1035732
42 Tully Ro
Ballymena.
County Antrim
BT44 8DG.
Directors and Trustee of the Company
The director who held office during the year. and in the period since 31 December 2024 to the date of these accounts
were approved, was as follows..
Mrs Lorraine Wright
Structurey governance and management
The Company is a charity limited by guarantee without share capital.
The Company is governed by its Memorandum and Articles of Asso¢Tation dated 3 March 1999. In the event of the
Company being wound up members are required to contribute an amount not exceeding £1 O. The Board is responsible
for the overall govemance of the Company and is actively involved in the day-to-day management of the organisation.
Directors are appointed in line with the Memorandum and Articles of Association of the company.
The Board of Directors are also known as Trustees for the purposes of the Charity Commission.
Risk management
The directors have conducted a review of the major risks to which the charity is exposed. Financial risk 15 reviewed on a
monthly basis having due regard to ongoing income and expenses.
Statement of director's responsibililies
The director's (who is the trustee of The Salight Foundation Limited) is responsible for preparing the director's report
and the fmancial statements in accordance with applicable law and regulations.
Company law requires the diTectors to prepare financial Statements for each fmancial year. Under that law the diTectors
have prepared the financial statements in accordaT)ce with United Kingdom Generally Accepted Accounting Practice
(United Kingdom Accounting Siandards and applicable law). Under Company law the directOTS musl not approve the
financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable
company and of the incoming Tesources and application of resources. including income and expenditure for that period.
In preparing these financial statements, the diTectOTS are required to-
select suitable accounting policies and apply them consistently.
observe the methods and principles iv] the Charities SORP-FRS 102.
make judgements and accounting estimate5 that are reasonable and prudent.
state whether applicable accounting standards have been followed. subject to any material departures disclosed
and explained in the fmancial statement- and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company
will continue in business.

THE SALIGHT FOUNDATION LIMITED
REPORT OF THE DIRECTORS (continued)
Statement of director's responsibilities (conlinued)
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable
company'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 statements coTnply with the Companies Act 2006. They are also responsible
for safeguarding the a55ets of the charitable company and hence for taking TeasoDable steps for the prevention and
detection of fraud and other irregularities.
Funds held as custodian trustee on behalf of other5
The charity does not hold any funds on behalf of others.
Small Companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small
companies regime within Part 15 of the Companies Aci 2006.
Approved by the Board on 26 September 2025 and signed on its behalf by:
Lorraine Wright

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEE
OF THE SALIGHT FOUNDATiof4 LIMITED
I report on the accounts for the year ended 31 st December 2024 which are set out on pages 6 to 12.
Respective re5ponsibililie5 of trustee and examiner
The charity's trustee is responsible for the preparation of the accounts. The charity's trustee considers thal an audit is not
required for thi5 peTiod under section 65{2) of the Charitie5 Act (Northern Ireland) 2008 (as amended) and that an
independent examination is needed.
It is my responsibility to:
examine the accounts under section 65(3) of the 2008 Act-
to follow the Procedures laid down in the general Directions given by the Charity Commission under section
65{9)(b) of the 2008 Act. and
to state whether particular matter5 have come to tny attention
Basis of independent examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried
out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section
65(9)(b) of the Charities Act.
My examination included a Teview of the accounting record5 kept by the charity and a coJnpaTison of the accounts
presented with those records. It a150 included consideration of any unusual item5 or disclosures in the accounts, and
seeking explanations from you as charity trustee concerning any such matters.
My role is to state whether any material Tnatters have COTne to my attention giving Tne cause to believe:
That accounting records were not kept in accordance with seclion 63 of the Charities Act
2. That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirevnents of the Charities Act
That there is further inforniation needed for a proper understanding of the accounts to be reached.
Independent exaffliner's st2tetnent
I have completed 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 Northern Ireland, I have found no matters that require
drawing to your attention.
Peter Stevenson
Mernber of the Institute ofchartered
Accountants in Ireland
Stevenson and Wilson
22-30 Broadway Avenue
Ballymena
BT43 7AA
26 September 2025

THE SALIGHT FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
ST
FOR THE YEAR ETr4DED 31 DECEMBER 2024
Unro%tricted
Funds
2024
Total
2024
Total
2023
Note
Incoming resources
Interest received
2,428
2,428
392
Total income
2,428
2,428
392
Resources expended
Charitable activities
Support costs
Governance costs
27,383
7,238
J48
27J83
7,238
148
49,418
4,324
91
Total expenditure
34,769
34,769
53,833
Net movement in funds
{32J41)
{32J41)
{53,441)
Reconciliation of funds:
Total funds brought forward
164,635
164,635
218,076
Total funds carried forward
132,294
132,294
164,635
The statement of fmancial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
The notes on pages 9 to 12 fonn part of ihese accounts.

THE SALIGHT FOUNDATION LIMITED
ST
STATEMENT OF FINANCIAL POSITION / BALANCE SHEET AS AT 31 DECEMBER 2024
Note
2024
2023
Current assets
Debtors
Cash at bank
70,000
62,294
132,294
165,635
165,635
Creditors: amounts due within one year
1,000
Net current assets
1,000
Total net assets
io
132,294
164,635
Unrestricted funds
General funds
Total unrestricted funds
132,294
132,294
164,635
164,635
Total charity funds
132,294
164,635
The financial statements have been Prepared in accordance with the provisions applicable to COTnpaT)ies subject to the
small companies, regime under The CoTnpanies Act 2006 and with Charitie5 SORP-FRS 102.
The notes on pages 9 to 12 are aT) integrnl part of these financial statelnents.
The f￿anCIal statements on pages 6 to 12 were approved by the Board of Trustees on 26 September 2025 and signed on
its behalf by=
Lorraine Wright
Trustee
The notes on pages 9 to 12 fonn part of ihese accounts.

THE SALIGHT FOUNDATION LIMITED
ST
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash flow from operating activities
Net outgoing resources before interest received
(Increase)/decrease in debtors
Decrease in creditors
Net cash infloTrv froJn incorning resources
(34,769)
(70,000)
(1,000)
(105,769)
(53,833)
146,250
( 1,000)
91,417
Returns on investments and servicing of finanee
Interest received
2,428
392
Net increase in cash for the year
(103,341)
91,809
Cash and cash equivalents al the beginning of the year
165,635
73,826
Cash and cash equivalent al the end of the year
62,294
165,635
The notes on pages 9 to 12 forni part of these accounts.

THE SALIGHT FoufiDATION LIMITED
ST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
l. Company inforlnation
The Company is limited by guarantee and is Inco￿orated in Northern Ireland. The address of the registered office is
42 Tlllly Road, Portglenone, Ballymena, Co Antrim B T44 8DG. The fmancial statements were authorised for issue
by the Board on 26 September 2025.
2. Aecounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation
of the financial statements are as follows=
Basis of preparatio
The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)- (Charities SORP (FRS
102}), the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102) and the Companies
Act 2006. The accounts are prepared in sterlino which is the functional currency of the charity.
The Company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at hi5tOTical c05t and transaction value unless otherwise stated in the Televant accounting policy note(s).
Preparation of accounts on a going concern basis
The Charity generally meets its day to day working capital requirements from its annual income. The Trustee has
obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the Charity has
resources to provide a reasov]able expectation that it can conlinue to meei its financial obligations as they fall due for
the foreseeable future. Therefore, these financial statements have been prepared on a going concern basis.
Incoming resources
Donations Teceived cotnprises all cash receivable for the accountino
period, including any related tax recoverable
under Gift Aid. Rncotne is Tecogni5ed when the Charity ha5 established aD entitlement to the income. For donations
this is typically upon receipt. Gift aid income is accrued in respect of charitable donations already receipted.
Resources expended
ResouTces expended are recogni5ed in the period in which they are incu￿ed.
Charitable expenditure comprises those costs inCu￿ed by the charity in the delivery of its activities and seTvices to
its beneficiaries. It includes both costs that can be allocated directly to such activitie5 and those costs of an indirect
nature necessary to support them.
Short-term debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction
price. Financial assets, including debtors, are reviewed at the reporting date to detem)ine if there is any evidence of
potential impairn]ent. Any losses arising from impaimlent are recognised in the income statement in operating
expenses.
Cash and cash equivalents
Cash and cash equivalents include cash in hand and cash at banks.
Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction price and subsequently measured at their settlement
value.

THE SALIGHT FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (conlinued)
2. Accounting policies (continued)
Funds
Unrestricted ￿llds are expendable at the discretion of the trustee in furtheraDce of the objects of the charity- Ef parts
of the unrestricted funds are eannarked al the discretion of the trustee for a particular purpose, they are designated as
a separate fund. This designation has an admlnistrative purpose only and does not legally restrict the trustee's
discretion to apply the fund.
3. Critical aetounting judgements and estimation uncertainty
Estimates and judgments made in the process of preparing the financial Statements are continually evaluated and are
based on historical experience and other factors, including expectations of future events that are believed to be
reasonable under the circumstances. The Trustee does nol consider that there are any critical judgments made in
applying the Company's accounting policies OT that there are any critical accouv)ting estimates or assuimptions which
May have a significant risk of causing a material adjustment to carryinu amounts of assets and liabilities within the
next financial year.
4. Analysis of income
Unrestricted
Funds
Total
Total
2024
2024
2023
Interest received
Bank interest Teceived
2,428
2,428
392
Total inc0￿e
2,428
2,428
392
io

THE SALIGHT FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (conlinued)
5. Analysis of expenditure
Unrestricted
Funds
Total
Total
2024
2024
2023
Charitable activities
Charitable donations
27,383
27,383
49,418
Support Costs
Conference expenses
General expenses
5,863
1,375
7238
5,863
1,375
7,238
3,286
1,038
4,324
Governance eosts
Bank fees
148
148
91
Total expenditure
34,769
34,769
53,833
6. Taxation
The Salight Foundation Limited is recognised as a chartty for the PUTposes of applicable taxation legislation and is
theTefore not subject to taxation on its charitable activities.
7. Analysis of staff costs, trustee remuneration and expenses. and the cost of key management personnel
The average number of persons employed by the company (including directors) during the year wa5 1 {2023- 1).
There are no employees in receipt of employee benefits in excess of £30,000. No trustee or a person related to a
trustee had any personal interest in any contract or transaction entered into by the charity durÈng the year. There was
no TemuneratioD paid to the Trustee during the year ended 31" December 2024. No expenses were incurred in respect
of the TNstee.
8. Debtors
2024
2023
Loan to associated charity - Green Pastures, The People'5 Church
70,000
The loan is unsecured, non-interest bearing and is repayable on demand.
9. Creditors: amounts due Ivithin one year
2024
2023
Creditors and accrnals
1,000

THE SALIGHT FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (eonlinued)
IO. Analysis of net assets
Unrestricted
General
Total
Net current assets
132,294
132,294
Net gssets at 31, Decenj ber 2024
132,294
132,294
I l. Funds of the Company
At3J
DeceJnber
2024
At l January
2024
Income
Expenditure
Unrestricted funds
General fund
164,635
164.635
2,428
2.428
(34,769)
(34,769)
132,294
132,294
Total funds
164,635
2,428
{34,769)
132,294
12. Financial instruments
At the balance Sheet date, the Company held the following financial instruments=
2024
2023
Financial assets that aTe debt instruments measured at amortised cost
132,294
165,635
Financial liabilities measured al amortised cost
1.000
13. Related party transactions
There were no payments made, or expenses TeimbuTsed, to the Trustee during the year.
14. Capital commitments
The company had no capital commitments at the balance sheet date (2023: none).
15. Controlling party
During the year The Salight Foundation Limited was under the control of the Trustee (who is also the director).
12