LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Company limited by guarantee

Company Registration Number:
11324703 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 166,676 104,362
Cost of sales: ( 48,674 ) ( 28,010 )
Gross profit(or loss): 118,002 76,352
Distribution costs: ( 4,303 ) ( 4,045 )
Administrative expenses: ( 116,470 ) ( 55,805 )
Other operating income: 6,022 4,190
Operating profit(or loss): 3,251 20,692
Interest payable and similar charges: ( 78 ) ( 63 )
Profit(or loss) before tax: 3,173 20,629
Profit(or loss) for the financial year: 3,173 20,629

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 17,051 20,725
Total fixed assets: 17,051 20,725
Current assets
Debtors: 4 9,600 3,000
Cash at bank and in hand: 32,923 18,925
Total current assets: 42,523 21,925
Creditors: amounts falling due within one year: 5 ( 16,751 ) ( 2,200 )
Net current assets (liabilities): 25,772 19,725
Total assets less current liabilities: 42,823 40,450
Creditors: amounts falling due after more than one year: 6 ( 1,867 ) ( 2,667 )
Total net assets (liabilities): 40,956 37,783
Members' funds
Profit and loss account: 40,956 37,783
Total members' funds: 40,956 37,783

The notes form part of these financial statements

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 April 2024
and signed on behalf of the board by:

Name: C Bevan
Status: Director

The notes form part of these financial statements

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

    Tangible fixed assets depreciation policy

    Depreciation is provided to write off the cost of the asset over its expected useful life. Depreciation rates have been applied as follows: Equipment 33% straight line Vans 20% straight line

    Other accounting policies

    The financial statements are prepared under the historical cost convention. Grants towards capital expenditure are released to the Profit and Loss Account over the expected useful life of the Assets. Grants towards revenue expenditure are released to Profit and Loss Account as the related expenditure is incurred.

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 2

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 26,152 13,201 39,353
Additions 8,051 8,051
Disposals
Revaluations
Transfers
At 30 April 2023 34,203 13,201 47,404
Depreciation
At 1 May 2022 13,352 5,276 18,628
Charge for year 9,085 2,640 11,725
On disposals
Other adjustments
At 30 April 2023 22,437 7,916 30,353
Net book value
At 30 April 2023 11,766 5,285 17,051
At 30 April 2022 12,800 7,925 20,725

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Debtors

2023 2022
£ £
Other debtors 9,600 3,000
Total 9,600 3,000

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 800 800
Accruals and deferred income 15,951 1,400
Total 16,751 2,200

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 1,867 2,667
Total 1,867 2,667

COMMUNITY INTEREST ANNUAL REPORT

LIGHTHOUSE COMMUNITY CENTRE C.I.C.

Company Number: 11324703 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

Lighthouse Community Centre is based in Liskeard, one of the UKs top 20 most deprived areas, providing vital support services for people of all ages, running a varied program that inspires, educates and helps develop skills and confidence for future life. We create opportunities and provide a safe, welcoming and supportive place for people to come together, build relationships and access information, advice and guidance, help and support they need. We identify local need and develop new services that improves situations, hopes and futures. Our core areas: Social Isolation: Inflatable Parties, Community Events and a warm, safe place to hang out. Youth Boredom: Workshops, Music, Volunteering, Work Experience, Youth Employment Scheme, Detached Youth Work, Youth Steering Group and Youth Drop In.Health & Wellbeing: E.L Teaching, Paddlesports Club and Cycling, Gym, Wellbeing Groups, Ladies and Men, Peer Support, and a place to socialise. Deprivation: I.A.G Consultations, Homeless Soup Run, Children’s Holiday Club, Food Club, One to One Consultations, Crisis and Winter Fuel Funds, Winter Warmer Cafe and Affordable Cafe. Community Hub: Monthly support and Workshops in Partnership with other organisations, mini Soft Play. Pathways: Volunteering, training and Job Opportunities, providing vital maintenance work for vulnerable people in the community and bouncy castle hire. We operate an informal, friendly and confidential approach. We are kind and caring and understand the difficulties faced by our users through our own past lived experiences. We provide a place of care, where people are not judged and can find social support. Our impact in the community has been huge, we’ve supported hundreds of families, helped hundreds of homeless and provided for the most vulnerable and needy. Children and young people have received support, encouragement and gained skills from working with us and we have built many new relationships with local businesses and organisations alongside individuals who support the work we do. We have a growing list of volunteers who give up their time to work with us because they believe in the work we are doing.

Consultation with stakeholders

Our main stakeholders are the residents of Liskeard and the surrounding area, many local organisations and businesses that we work with and the PCN (NHS) who we work together with in our building in order to bring a unique, positive and exceptional service to ensure we are meeting the needs of our local community. We support just over 150 households with food and essentials, between 700 and 1,000 people access our services every month and we provide training, employment and volunteering opportunities to around 20 to 30 people. Surveys are regularly taken from participants and the town’s population to ensure that the aims of the company are being achieved in the local community and we have one to one consultations with our members, clients, users, staff and volunteers. We also have a Youth Steering Group that meets on a monthly basis to assist us with evaluation, reporting and planning in order to give a voice to young people who are benefitting from our services

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £63,388. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
19 April 2024

And signed on behalf of the board by:
Name: Clare Bevan
Status: Director