Shining Lights
Trnstees, Report
The trustees, who are directors for the purposes of company law, present the annual Teport together with th¢
fJnan¢ial statements of the charitable company for the year ended 31 May 2024.
Objectives and aetivities
Obleds axdainLS
Shining Lights rnn soccer training sessions in schools during school hours and after school hours. Shining
Lights run soc¢er training sessions in the everrings and outdoor soccer matches on Saturdays from Sept¢mb¢r to
May in Ballyclare for children aged seven and above.
We train and ¢ncouiage men and women (nminty young men and women) in all aT¢as of sO￿tr coachin&
building of chardcter and leadership 5kil]s.
During the summer months wfft also ran soccer camps in Ireland and Spaio,
In the Shining Lights C¢ntr¢, we run a Breal&ast Club on a weeldy basi4 a Commuoity Coffee morning monthly
and a monthly Bibl¢ Study for thi￿en- to sixteen-yearpolds. We have started a reconaect programme for the 16
plus age group on¢e a month.
During the sumtner months we run soccer, hockey and mixed sports sun]m¢r Can￿S. The content of our
programme involv¢s Bible teaching, buAlding of charact¢r, encourdgemenL wellbeing, fLthess training and
teamwork.
W¢ provide free Gospel literature available at the Shining Lights Centre and give out Gospel literatUTe to tbose
who attend Shilimg Lights events.
Our primary objectives are to slw¢ the Gospel of the Lord Jesus Cbrist to children'and young people in the local
communty, provide Consistent Bible t¢achiDg and sports coathin
Th¢ Truste¢s ar¢ greatjy appr¢¢i2tive of all the organisation's financial supporters and the ¢otrttnued support of
d)eir members, without whos¢ help the dwity could not fulfil its charitable aims and objertAves.
Public benefit
Shining Lights m¢¢ts the public benefit r¢quir¢ment as follows:
The direct benefits Mthich flow from the pU￿oSeS include the devekopm¢nt of sports based skills and improved
health and fAtness; development of improved social skklls and the ability to engage in teamwork and ability to
show l¢ad¢rship' developing an awarene￿ to and an understanding of the Go5p¢I of th¢ Lord Jesus Christ and
the B%i le. development of cjwacter - spiritually, morally, enwtionalKy and relationally, helping to live a more
stable and fulfilled life.
Shinlng Lights provides training to volunte¢rs thereby in¢re&sing their ability to provide voluntary servi¢e and
leadership. Th¢ benefits resuFting from th¢ work of Shining Lights are improved health of participants;
improvement An 80cial emotional and physi￿ w¢llb¢ing of partAcipants' improved behaviour in tenns of their
ability to Ilve a life that can posltively contribute to society.
There is no harni arising from the purposes. Open to all mend)ers of the publi¢, but llminly ¢hildren aged sev¢n
and above. No one gains a private benefit.
The trustees confirn) that they have complied with the requirements of section 4 of the Charities Act 2008 to
have due regard to the public benefit guidance published by Th¢ Charity Commission for Northern Ireland.
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Shining Lights
Trustees, Report
Financial review
Poliey on rLserves
The Trustees of the charity have ¢stablished a poli￿ whereby the unrestricted funds not wmmitted or investsd
in tangible f￿¢d assets (kne free reserves,) held by the charity should amount to between 2 and 6 months worth
of the resources expended which equatss to between £1.591 and £4,773 in general knds. At this level, the
Trustees feel that they would be able to continue the Current activities of th¢ charity in the event of a significant
drop in ￿nding. however it would obviously be ne¢&ssary to consider how the fifftding would be replaced 01
activities changed. At present the free reserves (which exclude desigoat¢d fullds), amount to £23,243 and are
above the Trustees, target range. The Thistees continue to work tow&rds maintsining thelr free reserves taTgeL
Going Concern
The trustees assess whether the use of going concern is appropriate i.e. whether there ar¢ aoy material
uncertainties related to events or conditions that may cast significant doubt on the abilAty of the charity to
continue as a going Concern. Th¢ trustees make this assessment in respect of a period of one year from the date
of approval of the finau¢Aal statctnents.
The nature of fimding is such that Trustees cannot be certain that Projected ￿luTe fimding will nmterialise.
At the time of approving the ￿coUnts, despite financial challenges and following ass¢ssm¢nt th¢ Trustees have a
r¢&sonabl¢ expectation that th¢ charity has adequale resources to continue in operational existsnce for th¢
foreseeable future. Thus the Trustees continue to adopt the going concern basis of acwunting in preparing tbese
finall¢ial St&tsA￿ts.
Trustees and offieers
The t￿￿teeS and officers serving during the year and since th¢ year end were as follows:
Trust¢es:
Miss Carol Weatherall
Stephen Blair (appointed l November 2024)
Mr lan Thrk
Mr David Mccurrie (I¢si8ned l November 2024)
Structure? governance and D￿nageMellt
Natwe ofgoverning do¢ument
The charity is ¢ontrolled by its governing docwnenL a deed of trus¢ and Constitlltes a limited company) limited
by guarnntee, as defined by the Companies Act 2006.
OTganisaÈionaistrncthre
The organisatioll is primarity managed by the board of Tntst¢es.
There are no employees.
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Shining Lights
Trustees, Report
inan¢ial Instruments
Objecllves andpollci
The charity's activities expose it to a nullthr of fjnancial risks including credit risk cash flow risk and liquidty
TAsk. The use of f￿ancIal derivatives is governed by the charity's policies approved by the board of trustee
whicb provid¢ written principIes on the use of financial derivatives to manag¢ these risks. The charÈty do¢s not
use derivative financial instruments for speculative purposes.
c￿hj7OW rlsk
The charity's artivities expose it PTimarity to th6 financial riski of changes in foreign currency exchange rates
and interest rates. The charity uses foreign exchange forward Contracts and interest rate swap contracts to hedge
these exposures.
Interest bearing assets and liabilities are held at fixed rate to ensuT¢ Certainty of fli)ws.
Credti rlyk
The charity's principal financial assets are bank balances and cash, trade and other receivables, and inveslments.
The charity's credit risk is primarily attributable to its trade receivables. Tbe amouTLts preseTLtrd in the balance
sheet are net of allowances for doubthl Teceivables. An allowance for in]pairnient is made where th¢re is an
identified loss event whid4 based on previous experience, is evidence of a reduction in the recoverability of the
cash flows.
The credit risk on liquid funds and dffivative financial instruments is limited because the counterparties are
banks with high credit-ratings assigned by international credit-rating agencies.
Th¢ charity has no sibmificant concentratAon of Credit risk, with expos￿ spread over a large number of
¢ountery)arti¢s aad ¢￿$tOmers.
Liquidity ruk
In ord¢r to maintain liquidity to ensure that sufficient fimds are available for ongoing operntions and futLW¢
d¢velopm¢nts, the charity us&$ a tiLixt￿ of long-tenn and short-terni debÉ fU￿￿Ce.
Further detsils regarding liquidity r3sk can be found in the Statement of accounting policies in the fu￿1¢1a1
Statement of trustees, Mponsibijities
The tntstees (who are also th¢ dire¢tors of Shining Llghts for the pwposes of company law) are responsibl¢ for
preparing the trustees, rqKJrt aud th¢ financial statements in accordance with applicable law and Unitsd
Kingdom Accounting Stand3rds (United Kingdom Generally Accepted Accounting Practic¢). including FRS
102 "The Finan¢iaL Reporting Standard applicable in th¢ UK and Republic of IreRalld°. The report and accounts
have been prepared in accordance with the provisions in the Companies Act 2006 relating to small Companies.
Company law requlres the trustees to prepar¢ fitwicial statements for each fJTLancial year. Under company law
the trustees must not appTove the fiTrancia] statsments unlc&s they are satisfied that they give a true and fair view
of the state of affairs of the charitable company and of the incoming resources aud application of resources,
including its income and expenditure, of the charAtable conwany for that period. Jn preparing these fu￿1claI
statements, the trustees are required to:
select suitabl¢ accounting policies and apply them consistent￿,
observe the methods and principles in the Charlties SORP.
make judgemcnts and estimates that are reasonable and prudent"
state whether appIl￿ble accounting standards, comprising FRS 102 have been followe(t subj¢¢t to any
mat¢rial departures disclosed and explained in the fmancial staternents" and
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Shillillg Lights
Trnstses, Report
prepare the fmancial statements on the going con¢¢m basis unless it As inappropriate to presutne that the
charitable company will continue in business.
The tntstees are responsibl¢ for keeping proper accounting records that can disclose with rea￿llable accuTW at
any time the financial Posktion of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
c(ytnpally and hence for taking reasonabje steps for the prevcntion and detsction of fraud and other i￿¢gUlarItieS.
The truste£s are responsible for the maintenance and integrty of the coryorate and financial infonuation
included on the charitable companls websits. IKgislation governing the preparation and diss¢mination of
fmancial statements may differ from legislation in other jurisdictions.
SRn&ll companies provision stat¢ment
This report has been prepared in ac¢ordan¢e with the snrdll companies regime under the Compani¢5 Act 2006.
The anllual report was approved by th¢ trustees of the charity on 24 February 2025 and signed on its behalf by.
Stq)hen Blair
Trustse
Mr Ian Turk
Trustee
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