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2023-06-30-accounts

Company No: NI662313 HMRC Charity No. NI01294 CCNI: 108483

LightworkNI Ltd

Financial Statements

For the Year Ended 30/06/23

Page 1

LightworkNI Ltd
Information
Ofce 186 Bush Manor
Antrim
BT41 2UQ
Accountants Insight Business Services
53 Bernice Road
Newtownabbey
BT36 4QZ
Bankers Santander
Glengormley
BT36 5EQ
Directors
Catherine McWilliams
Jessica Plant
Fiona Wilson

Page 2

LightworkNI Ltd

Page
Accountant’s Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 – 8

Page 3

LightworkNI Ltd

Independent Examiner's Report to the Members of LightworkNI Ltd

I report on the accounts of the charity for the year ended 30/06/23 , which are set out on pages 5 - 9.

Respective responsibilities of Directors and examiner

As the charity trustees (and also the directors of the company for the purposes of company la you are responsible for the preparation of the accounts in accordance with the requirements the Companies Act 2006. Having satisfied myself that the charity is not subject to audit unde company law, and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

I have examined your charity accounts as required under section 65 of the Charities Act and m 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 included a review of the accounting records kept by the charity and a comparison of the acco presented with those records. It also included consideration of any unusual items or disclosu 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 my attention giving me cause t believe:

  1. That accounting records were not kept in accordance with section 386 of the Companies A 2006

  2. That the accounts do not accord with those accounting records

  3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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

  4. That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner’s statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) lis above and, in connection with following the Directions of the Charity Commission for Norther Ireland, I have found no matters that require drawing to your attention.

Derek Browne ACMA Insight Business Services

53 Bernice Road Newtownabbey, BT36 4QZ

Page 4

LightworkNI Ltd

Statement of Financial Activities Statement of Financial Activities Statement of Financial Activities Statement of Financial Activities Statement of Financial Activities 1.
for the period ended 30/06/23
1.1
2023 2022
Notes £
Income
Programme Income
Grant
Other
Total Income
95,082 10,671
1.2
8,820 10,850
206
104,108		 206 425
21,946
Expenses
Facilitation
55,712
Programme
7,263
H/L
2,376
Rent
6,961
Equipment
3,359
Phone
1,532
Consultancy & Training
1,864
Insurance
213
IT
1,698
Admin
748
Accounts
750
Bank Fees
59
Total Expenses
11,853
4,035
2,102
1.3
0
2,175
1,310
680
1.4
651
185
0
750
82,535
Proft/Loss 21,573

Page 5

LightworkNI Ltd

2022
£
0
0
1,440
1,440
1,500
-60
-60
2,336
-2,396
2.
3.
6.
7.		 2022
£
0
0
1,440
1,440
1,500
-60
-60
2,336
-2,396
2.
3.
6.
7.		 2022
£
0
0
1,440
1,440
1,500
-60
-60
2,336
-2,396
2.
3.
6.
7.
Balance Sheet
As at 30/06/23
Notes 2023
£		 £
Fixed Assets 0
Current Assets
Debtors
6
Cash at bank and in hand
0
21,947
21,947
Creditors: amounts falling due
within one year
7
1,500
Net Current Assets 20,447
Total Assets less current liabilities 20,447
Creditors: amounts falling due
after more than one year
Loan
1,270
Net Assets 19,177
Capital and Reserves
Capital
Proft and Loss Account
Total Funds
-2,396
21,573		 -553
-1,843
-2,396
19,177
The directors' statements are shown on the following page
which forms part ofthis Balance Sheet

Page 6

LightworkNI Ltd

Balance sheet (continued

Directors' statement for the year ended

For the year ending 30/06/23 the company was entitled audit under section 477 of the Companies Act 2006 relating t

Director's responsibilities;

•The members have not required the company to obtain an audit of for the year in question in accordance with section 476,

•The directors acknowledge their responsibilities for complying with requirements of the Act with respect to accounting records an of accounts.

These accounts have been prepared in accordance with the p to companies subject to the small companies regime.

The financial statements were approved by the Board on ....... signed on its behalf by

Signature

................................ Name ................................

Page 7

LightworkNI Ltd

Notes to the financial statements For the year ended 30/06/23

Accounting Policies

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities

Incoming resources

Income represents the total invoice value of sales made during the year.

Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

Resources Expended

Resources expended are recognised in the year in which they are incurred.

Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery 25% straight line Fixtures, fittings and equipment 25% straight line

Page 8

LightworkNI Ltd

LightworkNI Ltd
Notes to the fnancial statements
For the year ended
30/06/23
Grant Income
2023
2022
£
£
Government Grants
8,820
10,671
Operating gain/(defcit)

2023
2022
Operating gain is stated after charging:
£
£
Depreciation and other amounts written of
Accountant's remuneration
750
750
Debtors
2023
2022
£
Trade Debtors
0
0
Creditors: amounts falling due within one year
2023
2022
£
Trade creditors
0
0
Other Creditors
1,500
1,500
Accruals and deferred income
0
0
1,500
1,500

Page 9