Company registration number: N1646046 Charity registration number. NIC107764 Shining Lights (A conwany limited ty guarnntee) Annual Report and FAtian¢ial Statenwnts for tbe Year Ended 31 May 2024 Hopper & Co 6 Doagh Road Ballyclare Co Antrim BT39 9BG Shining Lights Contents Reference and AdminislTrtiv¢ Details Tn￿te¢s, Report 2to5 Independent Examin&s Report Statement of Financial Activities Balance Sheet 8t09 Notes to the Financial Statements IOto20 ShRning Lights Referenee Administrative Details Trustees Miss Carol Weatherall Steph¢n Blair Mr Ian Turk Charity Reglstratioll Number NIC107764 Company Registration Number N1646046 Tlke charity is incorporated in Northern Ireland. 105 HiKlhead Road BaEly¢lare Co. Antri BT39 9LN Registered Office Independent Examiner Hopper & Co 6 1)oagh Road Ballyclare Co Antrini BT39 9BG Page I Shining Lights Trustees, Report The trustees, who are directors for the putposes of company law, present the annual report together with th¢ fmall¢ial statements of the charitable compally for the year ended 31 May 2024. ObJ¢ctiV￿ and activities Objects and Shining Lights run soccer training sessions in schools during school hours and after school hours. Shining Lights Tun so¢¢er training sessions in the evenings and outdoor soc¢¢r match¢s on Saturdays from Septsmber to May in Ballyclar¢ for children aged seven and above. We ITaill and encourage men and women (mainly young men and women) in all areas of soc¢er coachin& building of character and leadersbip skills. During the summer months we also rdn soccer camps in Ireland and Spain. Jn the Shining Lights Centre, we Tun a Breakfast Club on a wexkly basls, a Comrnunlty Coffee morning monthly and a monthty Bible Stlldy for thirteen- to sixteen-year-olds. We ljave started a reconnect programme for the 16 plus age group once a month. During the summer months we soc¢eT, hockey and mixed sports sumnwr camps. The content of our programme involves Bible teaching, building of charactcr, encourdg¢ment, wellbeing) fitness t[￿Illg and teamwork. We provide fr¢e Gospel literature available zt th¢ Shining Lights Centre and give out Gospel literalure to thos¢ who attend Shining Lights events. Our prisnary objectives are to share the Gospel of the Lord 5esus Christ to children and young people in the I￿al community, provide ¢onsistent Bible teachiDg aud sports coaching. The Truste¢s ar¢ watly appreGiatAve of all the organisation's financial supportors and the Continu￿ support of their m¢mb¢rs, without whose help the charty could not fidfil Ats charAtable alti￿ and objectives. Public benefv Shining Lights meets the public benefit requirement as follows: The direct benefits which flow from the purposes Anclude the development of sports based skills and improved health and fitness. development of improved social skills and the ability to engage in teamwork and ability to show leadership" developing an awarcn¢ss to and an understanding of the Gospel of tbe Lord J¢sus Cbrist and the Bil)l¢; development of character - spiritinlty, mordlly, emotiorjally and relationalfy, helping to live a more stable and ￿lfilLed life. Shining Lights provides training to Voluntee￿ thereby increasing their ability to provide voluntary service and leadership. The benefits ￿SuIting from the work of Sbining Lights are improved health of participants. improvement in SOCAal emotional and physical wellbeing of participants" improved behaviour iti tern￿ of their ability to live a life that Can positively contribute to society. There is no harni ariskng from the purposeg. Open to 311 Lnenthers of the public, but mainly Children aged seven and abov¢. No one gains a prkvate b¢nefiL The truste¢s confirnl that they have complied with the reqU1￿ments of section 4 of the Charities Act 2008 t have due r¢gard to the public benefit guidance published by The Charity Commi&8ion forNorthem Ireland. Page 2 Shilling Lights Trustees, Report Financial review PoI￿Y on r4fervas The Trustses of the ¢lwity hav¢ established a policy whereby the unrestricted fi￿d8 n(rt cornmitted or invested in tangible fixed assets (*he free reserves? held by the charity should amount to between 2 and 6 months worth of the resources expended which equates to betwe¢n £1,591 and £4,773 in general fimds. At this level, the Trustees fe¢1 that they would be able to continue the current activities of the charty in the event of a significairt drop in funding. however it would obviousty be necess￿ to consider how the funding would be replaced or activities changed. At present the free res¢rves (which exclude designated funds), amount to £23243 and ar¢ above the Trustees, target rdnge. The Trustees ￿ntinUe to work towards maintairring their free reserves larget. Going concern The trustees assess whether the use of going conrxm is appropriate i.e. ￿ether there are any material uncertataties related to events or conditions that nmy c&st Significant doubt on the ability of the charity to continue &8 a going concern. The trustees ll￿ke this ass¢ssment in respect of & perAod of one year from the date of approval of the fmancial stat¢ments. The nature of funding is such that Tnistees cannot be certain that projected future fi￿dIng WAII materi￿lse. At the time of approving th¢ a¢county despite financial challenges and following assessment the Trustees have a reasonable expectation that the charity has adequate r¢sources to continue in operational existence for the foreseeable future. Thus the Trustecs continue to adopt the going concern b&8is of a¢countiog in preparing these financial statements. Trustee5 and offieers The trustees and officers serving during the year and since the year end w¢re as follows: Trustees: Miss Carol W¢athernll Stephen Blaxr (appolnted l November 2024) Mr lan Turk Mr Davia M¢Cuffi¢ (resigned l Noventh¢r 2024) Structureg governance and nvanag¢ment Nature ofgovuning document The clwity is controlled by its governing docum¢nL a deed of tru& and constitutes a limitcd company, limited by guarantee, as defined by the Companies Art 2006. Or¥anisalionalstruclure The organisation is primsrily managed by the board of Trustees. There are no employees. Page 3 Shining Lights TrnsÉees' Report Financial Éllstruments Obj¢th"ves on41policxes The charity's activities ￿pose it to a number of fmancial risks including ¢redit risk cash tlow risk and liquidity risk. The us¢ of fu￿1claI derivatives is governed by the charity's policies approved by th¢ board of tn3Stee which provid¢ written principles on the use of financial derivatives to manage these risks. The charity does not use derivativ¢ financial instrunwits for sp￿ulative purposes. C&shfvw rlsk The charity's activities expose it primarily to the financial risks of ¢I￿g¢S in foreign currency exchange rates and interest rntes. The charity uses foreign ¢xchange forward contracts and interest rats Swap contrncts to hedge thes¢ ¢xposures. Interest bearing ass¢ts and liabilities are held at fix￿ rate to ellsure certainty of rash flows. Credti rtsk The charity's prinripal financial assets are bank balances and caslL trad¢ and other receivables, aud investments. The charity's credit risk is primarily attributable to its trade receivables. The amounts presentsd in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made wlJ¢re there is an identified loss event which, based on previous exp¢iience, is ¢vidence of & reduction in the r¢¢ov¢rdbilty of the cash flows. The credit risk on liquid funds and derAvative fmancial illstruments is limited because the ¢ount¢Tparties are banks with high credit-ratings a&signed by Inten￿tIOnal ￿edIt-ratIng agencies. Th¢ charty has no significant concentration of ctryjit ris14 with ¢xposure spread over a large number of ¢ounterparties and customers. Liqmidily risk In order to maintain liquidity to ensure that sufficient fjjnds are available for ongoing operations and fu¥Tre developments, the charity US&8 a mixture of long4erni and short-ternl debt flnance. Further details regarding Ixquidity risk can be found in th¢ Statement of accounting policies irk the fAnancial statements. Statement of trustees, rnsponsibAlitie$ The trustees (who are also the dire¢tors of Shining Lights for the purposes of company Eaw) are responsible for preparing the tr￿steeS, report and the fjnancial slatementy in accordance with appli¢able law and United Kingdotn Accounting Standards (United KingdoEtL Generally Accepted Accounting Piactice), iticluding FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of I￿land.. Th¢ report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requir¢s the trustees to prepare finaocial statements for financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a tru¢ and fair view of the state of affairs of the charitable company and of tbe incoming resources and application of resources, including its income and expenditure, of the charAtable company for that period. In preparing these fllmllci stalements, the trustees ar¢ required to". select suitable acwunting poEicies and apply them consistentty. observe the methods and principles in the Chariti¢s SORP. make judgements and estimates that are reasonabl¢ and Pn￿ state whether applicabl¢ accounting standard4 comprising FRS 102 have been followed, subject to any material departures disclosed aud explain￿ its the fthancial statements" and Page 4 Shinillg Lights Trnstsesl Report prepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for ke¢pAng proper accounting records that can disclose with Teasonable accuracy at any time th¢ financial position of the charitable company and enable them to ensure that the fjjwicial statements comply with the Compani¢s Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other I￿¢gularLti¢$. The trustees are r¢sponsible for the n￿intenance and int¢grty of the eorporate and flnancial infornation included on the ¢haritabl¢ ¢ompansRs website. Legislation governing th¢ Preparation and dissemination of financÉal statsments nwy differ from legislation in other jurisdirtions. Small Compani￿ provlslon ststement This report has been prepared in accordancK with the small compani¢8 regime under the Compa3Ji¢s Act 2006. The annual report was approved by the trustees of the charity on 24 Febrnary 2025 and sigued on its beljalf by. Stsphen Blair Trustee Mr lan Turk Trustee Pag¢ 5 Sbining Lights Independent Examiner's Report to the trustees of Shxning Lights ('the Company,) I report to th¢ ¢harity trL￿eeS on my examination of th¢ a¢¢owts of the Company for the year ended 31 May 2024. Responsibilittes and basts of report As the charity's trustees of Shining Lights (and also its directors for the purposes of company law) you are r¢sponsftble for the preparation of the accounts in accordance with the r4uir¢m¢nts of the Companies Act 2006 {'tkn¢ 2006 Act,). Having satisfi¢d myself that the accounts of Shining Lights are not required to be audited under Part 16 of the 2006 Act and are ¢ligibl¢ for independent examination, I report in respect of my examination of your charty's accounts as carri¢d out under section 65(2) of the Charities Act (Northern Ireland) 2008 ('the 2008 Act,). In Carrying out my VAamination I have followed the Directkoos giv¢n by th¢ Charity Commission under section 65(9)(b) of the 2008 Act. Independent examiner's ststement I have completed my examination. I confirni that no matters have com¢ to my attention in connection with the examination giving Tne cause to belle￿. l. accounting records were not kqjt in respect of Shining Lights as required by sertion 386 of the 2006 Act. or 2. the a¢¢ounts do not accord with those records" or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the arwunts give a 'true and fair view, which is not a matter considered as part of an independent examination" or 4. the acwunts have not been prepared in accordance with the methods and principles of the Statsment of Recommended Pra¢ti¢e for accounting and reporting by charlties [applicable to charities pr¢parAng their a¢wunts in accordance with the Financial Reporttng Standard applicable Ill the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in comiection with the examination to whi¢h attention should be dra in this report in order to enable a proper und¢TStanding of the accounts to be reacheAa. Simo Chartered A¢wuntants Ireland 6 Doagh Road Ballyclare BT39 9BG 24 February 2025 Page 6 Shinmllg Lights Statement of Financlal Activities for the Year Ended 31 May 2024 ncludillg Income and Expellditure Aecount and Statement of Total Recognised Gains and Losses) UDre5tri¢ted funds R&¥tricted fund5 Total 2024 Note Ineome and Endowments from: Donations and legacies Other trading activities 16243 397 16243 397 Total income 16,640 16,640 Expenditlllt on: CharAtabl¢ a¢tiviti&s (9,546) (128) (9,674) Total expenditure (9,546) 128) (9,674) Net in¢ome/(expenditure) 7,094 (128) 6,966 Net movement in fimds 7,094 (128) 6,966 Reconcillatlon of funds Total fimds bmught forward 18,950 383 19J33 Totsl funds carried forward 13 26,044 Unrestricted funds 255 Restricted funds 26,299 Tota 2023 Nots Income alld Endowments from: Donations and legacies Other trading activities 5,765 3,329 5,765 3,329 Total income 9,094 9,094 Expenditure on: Charitable activiti¢s (1'1,688) (11,688) (128) (11,816 Total expendittwe Net expenditu (128) (11,816) (2,594) {128) (2,722) Net movement in funds (2,594) <128) (2,722) Reconciliation of funds Total fimds brought forward Total fijnds carried forwaTd 21,544 511 22,055 13 18,950 383 19,333 All of the charitys activitie6 derive from continuing operations during the above two periods. The fi￿dS breakdown for 2023 is $bown in note 13. The notes on pages 10 to 20 fonn an integral part of these finalleial statements. Pag¢ 7 Shining Lights (RegistrAtion number: N1646046) Balance Sheet as at 31 May 2024 2024 2023 Note Fixed assets Tangible assets 2,411 3.587 Curreut assets Debtors Cash at bank and in band io li 23,784 16,287 16287 24.428 Creditors: Amounts fa]lillg du¢ withill Olle year Net current a￿ets 12 (540 (541 23,888 15,746 19,333 Net &ssets 26,299 Funds of the charlty: Restricted income funds Kestricted fimds 255 383 Unrestrictsl inco]ne funds Urlrestricted funds 26.044 18,950 Total funds 13 26,299 19,333 For the f￿￿]Cial year ending 31 May 2024 the charity was entitled to exemptiott from audit under sertion 477 of the Companies Act 2006 relating to sndl companies. Dirertors, responsibilities: Th¢ tnembers have not required th¢ cbarity to obtain an audit of its accounts for the year in question in accordance with sertion 476. and The dir¢¢tors acknowledge their responsibilities for mptying with the requirements of the Act with respect to accounting Tecords and the preparation of accounts. These finaucial statements have been prepar¢d in ac¢ordan¢¢ WAth the special provisions ￿lating to compant¢s subject to the small compallies regime within Part 15 of the Cornpanies Act 2006. The notes on pages 10 to 20 fonn an integrnl part of these fmancial statements. Pagc 8 Shining Lights (Registration number: N1646046) Balance She¢t as at 31 May 2024 The financial statements on pages 7 to 20 were approved by the trustses, and authoTAsed for issue on 24 February 2025 and signed on their behalf by. Step en Blair Trustee Mr Ian Turk T￿￿te¢ The notes on pag¢s 10 to 20 forni an Integ[￿ part of these financial statements. Page 9 Shining Lights Notes to the Financial Statemellts for the Year Ended 31 May 2024 I Charity $t4tus The charity is limited by gllarantet. incorporated in Northern Ireland, and consequently does not hav¢ share capital. Each of the trustees is liable to ￿lltrIbUte an amount not exceeding £1 towards the ass¢ts of the ¢h&rity in the event of liqui