Company Registration No. N1634638 (Northern Ireland)
ids
chartered accountants
THE LIGHTHOUSE {MAGHERAFELT) LTD.
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1BG

THE LIGHTHOUSE (MAGHERAFELT) LTD.
ids
chartered accountants
CONTENTS
Page
Legal and administrative informatio
Trustees, report
Independent examinerfs report
Statement of financial activitles
Balance sheet
Notes to the financial statements
8-12

THE LIGHTHOUSE (MAGHERAFELT) LTD.
ids
chartered accountants
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
MrA Campbell
Mr G Stewart
Secretary
MrA Campbell
Charity number
106467
Company number
N1634638
Reglstsred office
42 Luney Road
MAGHERAFELT
Co Londonderry
BT45 5JW
Independent examlner
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1BG
Bankers
First Trust Bank
78 Wellingion Street
BALLYMENA
CoAntrim
BT43 6AF

THE LIGHTHOUSE (MAGHERAFELT) LTD.
ids
chartered accountants
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 NOVEMBER 2022
The trustees present their annual report and financial statements for the year ende(t 30 November 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's goveming document, the Compani@s Act 2006 and "AccoLtnting
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)" (as
amended for accounting periods commencing from 1 January 2016)
CbjeGtives and activtties
The charitys objectives are..
1. To advance the Christlsn religion for the benefit of the public in the area of beneflt.
2. Associating together the said inhabitants and the local authorities voluntary and other organisations in the area
of benefit in a common effort to relieve poverty and advance education 2nd to provide facilities in the interests
of welfare with the object of improving the conditions of life for said inhabltants.
Th& Lighthouse is a fellowship of believers whose purpose is to know God through a personal relatlonship with
Jesus Christ. We equip believers through discipleship for works of seNice and strive to reach the unreached
ccmmunity with the Saviour's love by offering support, friendship and love.
i trusLee8 have paid due regard to guidance Issued by the Charity Commission in deGiding what actlvlties the
2rty should undertske.
Grant maklng pollcy
Tr.=sa i'iho joumey with us generously financially support our outreach opportunities in addition to hands on help as
ed. In addition, we recelve regular updates from the local Council with informatlon on grants that are available.
As a Felloviship we seek out opportunities for grants and will apply to those that Nve feel can be supportive of our
'. K and in agreement of our aims and objectives. In addition, we seek aut support from local businesses for help
"liL&h collecting items for our food hampers each Christmas.
Achlevements and pèrformance
Ministry
The Lighthouse Fellowship continues to meet t￿iCe a week, on Wednesday nights for bible study and in unity with
other believers on Friday mornings for prayer for our community and land. We also meet every 34 weeks on
Sunday around the Word and to share a meal together. As in previous years we gathered together in unity with
believers from other fellowships on Good Friday morning on Sliev@ Gallion mountain to pray over the community.
Anyone is welcome to attend any of our gatherings.

THE LIGHTHOUSE (MAGHERAFELT) LTD.
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chartered accountants
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2022
Local Community Outreach
Community Outreach is a large part of what we do and continues to be the heartbeat of our fellowship. We
continued to offer support and show love within the community throughout this financial year. Examples this year
include..
Over go food hampers were given out just prior to Christmas 2021 to those in need of extra support andlor
encouragement. This effort was supported by folks wilhin the Fellowship and we also re￿IVed additional
support from local businesses and Council.
A ministry team continued their work with Maghaberry Prison offering support and encouragement to the
prisoners. Due to restrictions at the Prison at the start of this financial year, we were unable to visit the
prisoners in person, however we continued to connect with the prisoners via Zoom, phone calls and
handwritten cards and visited with men who had been released. We were able to resume in person work
within both Maghaberry and Magilligan Prisons in June 2022. The Fellowship also collected 1,061 bags of
mlni eggs for all of the prisoners and staff in Maghaberry which were delivered to the Prison and distributed
by Prison Chaplaincy the week before Easter.
We supported Healing the Land's outreach in May 2022 when a message of hope and peace was shared
by Paul Maguire in Maghera.
We have practically offered assistance to people throughout the community by offering pastoral care,
transportation to medical appointments, assistance with home appliances and furniture. In addition we also
provided 8SSlStance with grass cutting and yard clean up where needed.
As a Fellowship we visited Stanton H8althcare, Belfast lo leam more about their work supporting mothers
who have chosen life for their babies, we also had the opportunity to pray with their staff in person. Through
weekly updates from Stanton we continue to pray as a fellowship for their work and the families they serve.
Through our outreach in the community we continue to refer people to Christians Against Poverty (CAPI
and local food banks.
Overseas
We Continue to actively support the ministry work in Dancu, Moldova financially. In addition, teams were sent
this year to offer spiritual encouiagement to the Church and community as well as practically offering training,
adv1￿ and repairs to new and existing buildings.
Our Fellowship once agaln supported the Samaritan's Purse online shoe box appeal to provide Christrnas shoe box
gifts to children in needy communities overseas.
Financlal revlew
The results for the year and the charily's financial position at the end of the year are Shown in the 8ttached financlal
statements. The ch8rity generated a deficit of £87 in the current financial year.
The trustees continually assess the level of reserves to ensure they are able to meet any upcoming commitments
that could arise. It is our policy that unrestricted funds which have not been designated for a specific use should be
maintained at a level of three months operating expenditure. The trustees believe that this level wll ensure that if in
the event of a significaT)t drop in income will allow us to maintain our current level of operation while we give
consideration into ways in which additional funding can be raised.
The trustees have assessed the major risks to which the chartty is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.
Structure, govemance and management
Tre charity is a company limited by guarantee not having any share capital.
The trustees, who are also the directors for the purpose of company law, and who served dur(ng the year and up to
the date of signature of the financial slatements were..
MrA Campbell
Mr G Stewart

THE LIGHTHOUSE (MAGHERAFELT) LTD.
ids
chartered accountants
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2022
None of the trustees has any beneficial interest in the company. All ofthe trustees ale members ofthe Gompany and
guarantee to contribute £1 in the evenl of a winding up.
The Trustees,
eport was approved by the Board of Trustees.
Campbell
Trustee
Mr G Stew
Trusteé
Date..

THE LIGHTHOUSE {MAGHERAFELT) LTD.
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chartered accountants
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE LIGHTHOUSE (MAGHERAFELT) LTD.
I report to the Irustees on our examination of the financial statements of The Lighthouse {Magherafelt) Ltd. (the
charity) for the year ended 30 November 2022.
Responsibilities and basis of report
As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible
for the preparation of the accounts in accDrdance with the requirements of the GompaniesAct 2006.
Having satisfied ourselves that the charity Is not subject to audit under Gompany law, and Is eligible for independent
examination, it is my responsibility to:
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008.
follow the procedures laid down in the general Directions given by the Charity Cornmission for Northern
Ireland under section 65(9){b) of the Charities Acl. and
• state whether particular matters have come to my altentlon,
Independent examlnerfs statement
I have examined your charity accounts as required under section 65 of the Charities Acl and our 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. The examination inGluded a review of the accounting records kept by the
charity and a compartson 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 charity trustees concerning any
such matters.
My role is to state whether any material matters have come to our attention giving me cause to believe:
That aGGounting records were not kept in accordance with section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of section 396 of the Compani8s Act 2006
and with the methods and principles of the Charities Slatement of Recommended Practits applicable to
charttie5 preparing their aGGounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland
That there is further information needed for a proper understanding of the accounts to be reached.
I have completed our examination and have no concems in respect of the matters {1) to (4> listed above and, in
connection with following the Direction5 of the Charity Commission for Northern Ireland. I have found no matters
that require drawing to your attention.
Allson Wallace
Chartered Accountant
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1 BG
Dated: .3.ts

THE LIGHTHOUSE (MAGHERAFELT) LTD.
ids
chartered accountants
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 3Q NOVEMBER 2022
Unrestrlcted Restrlcted
funds
funds
2022
2022
Total
Unrestrlcted Restricted
funds
funds
2021
2021
Total
2022
2021
Notes
Donations and
legacies
2,137
720
2,857
1,425
800
2,225
ur
Charitable activities
2,224
720
2,944
2,674
800
3,474
Net expenditure for the
yearl
Net movement in funds
(87)
(87)
(1,249)
(1,249)
Fund balances at 1
December 2021
200
41
241
1,449
41
1,490
Fund balances at 30
November 2022
113
41
154
200
41
241
The stat8menl of financlal activltles Includes all gains and losses recognised In the year,
All income and expenditure derlve from continuing activities.
The statement of financial activities also Gomplies with the requlrements for an income and expenditure account
under the CornpaniesAct 2006.

THE LIGHTHOUSE (MAGHERAFELT) LTD.
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chartered accountants
BALANCE SHEET
AS A T 30 hlOVEMBER 2022
2022
2021
Notss
Current assets
Cash at bank and in hand
554
601
Creditors: amounts falling due within
one year
<400)
(360)
Net current assets
154
241
Income funds
Restricted funds
Unrestricted funds
41
113
41
200
154
241
The company is entitled to the exemption from the audlt requirement contained in section 477 of the Companies Act
2006, for the year ended 30 November 2022.
The directors acknowleclge thelr responsibilities for complying with the requirements of th8 Companies Act 2006
wlth respect to accounting records and the preparation of financial statements,
The members have not required the company to obtain an audit of Ils financial statements for the year in questlon in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions appllcable to comp8nies subject
to the small companies regime.
The finan
I statements were approved by the Twstees on .
Mr
ampbell
Trustee
Mr G Stewart
Trustee
Company reglstration number N1634638

THE LIGHTHOUSE (MAGHERAFELT) LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022
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chartered accountants
Accounting policles
Charity information
The Lighthouse (Magherafelt) Ltd. is a private company limited by guarantee incorporated in Northern Ireland.
The registered office is 42 Luney Road, MAGHERAFELT, Co Londonderry, BT45 5JW.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Companies Act 2006 and "Accountlng
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in acctsrdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 1021" (as amended for accounting periods cornmencing from 1 January 2016). The charity is a Publlc
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Staternent of Cash Flows,
The financial stslements are prepared in slerling, which Is the functional currency of the charity. Monetary
amounts in these financial statements are round8d to the nearest £.
The financial statements have been prepared under the histortcal cost convention.The prtncipal accounting
policies adopted are set out below.
1.2 Going conGern
At the time of approving the financial statements, the trustees have a reasonable expectatlon that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the tr￿*teeS
continue to adopt the going concem basis of accounting in preparing the finanGial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
RestrScted funds are subject to specitic Gonditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
C28h donations are recognised on re￿ipt. Other donations are recognised On￿ the chartty has been notified
of the donation, unless performance conditions require deferrsl of the amount. Income tsx recoverable in
relation lo donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expendlture
All expenditure is accounted for on an accruals basis and had been classified under headings that aggregate
all costs related to the category.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities Df three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.

THE LIGHTHOUSE (MAGHERAFELT) LTD.
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chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2022
Accounting policies
Icontinued)
BasiG financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortiS8d cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised,
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are Initially recognised at transaction price unless
the arrangement constilutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified 8s payable
wlthin one year are not amortised.
Debt instruments are subsequently carrled at amortised cost, Using the effective interest rate method.
Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable ar8 classified as current liablllties If payment is due within one
year or less. If not, they are presented as ncn-current liabilities. Trade creditors are recognised initially at
transac*ion price and subsequently measured at amortised cost using th8 effective interest method,
Derecognition of financlal 113bllltles
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.

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Chartered accountan

THE LIGHTHOUSE (MAGHERAFELT) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2022
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chartered accountants
Support costs
Support Governance
costs
costs
2022
Support Governance
costs
costs
2021
Accountancy
436
436
360
360
436
436
360
360
Analysed be￿een
Charitable activities
436
436
360
360
Trustees
None of the trustees (or any persons connected with them} received any remuneration during the year.
Charltable activities
2022
2021
Insurance
Praise leaders
Food events
Donation to Hope Magherafelt
Gifts
Bank charges
228
80
984
238
994
1,108
725
49
1,160
56
2,508
3,114
Share of support costs (see note 3)
436
360
2,944
3,474
Analysis by fund
Unrestricted funds
Restricted funds
2,224
720
2,674
800
2,944
3,474
Forthe year ended 30 November 2021
Unrestricted funds
Restricted funds
2,674
800
3,474
11

THE LIGHTHOUSE (MAGHERAFELT) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2022
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chartered accountants
Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable GainsAct 1992 to the extent that these are applied to its charitable objects.
Credltors: amounts falllng due wlthin one year
2022
2021
Accruals and deferred income
400
360
Analysls of net assets between funds
Unrestricted Restrlcted
funds
funds
2022
2022
Totsl Unrestricted Restricted
funds
funds
2021
2021
Total
2022
2021
FLJnd balances 8t 30
November 2022 are
represented by..
Current assetsl(liabilities}
113
41
154
200
41
241
113
41
154
200
41
241
CAP Debt Centre
From 2020 Hope Magherafelt Ltd {N1102799), a separate charity in the town, became the lead organisatlon
for the CAP Debt Centre. The company transferred the relal8d Santander Bank account, as a donation to
Hope Magherafelt Ltd to allow them to continue the CAP Debt Centre
10 Relatèd party transactlons
There were no disclosable related party transactions during the year12021 none).
12-