TORCHLIGHTERS INTL CIC

Company limited by guarantee

Company Registration Number:
12772626 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

TORCHLIGHTERS INTL CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

TORCHLIGHTERS INTL CIC

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal activities of the company

The company's principal activity during the year was that of a Christian religious organisation of community interests and related services.



Directors

The director shown below has held office during the whole of the period from
1 August 2023 to 31 July 2024

Leisa Anne Ebere


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 April 2025

And signed on behalf of the board by:
Name: Leisa Anne Ebere
Status: Director

TORCHLIGHTERS INTL CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 20,945 28,401
Cost of sales: ( 9,984 ) ( 15,653 )
Gross profit(or loss): 10,961 12,748
Administrative expenses: ( 10,347 ) ( 11,904 )
Operating profit(or loss): 614 844
Profit(or loss) before tax: 614 844
Tax: ( 174 ) ( 218 )
Profit(or loss) for the financial year: 440 626

TORCHLIGHTERS INTL CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,116 1,417
Total fixed assets: 1,116 1,417
Current assets
Debtors: 4 5,647 5,157
Cash at bank and in hand: 265 58
Total current assets: 5,912 5,215
Net current assets (liabilities): 5,912 5,215
Total assets less current liabilities: 7,028 6,632
Provision for liabilities: ( 174 ) ( 218 )
Total net assets (liabilities): 6,854 6,414
Members' funds
Profit and loss account: 6,854 6,414
Total members' funds: 6,854 6,414

The notes form part of these financial statements

TORCHLIGHTERS INTL CIC

Balance sheet statements

For the year ending 31 July 2024 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 4 April 2025
and signed on behalf of the board by:

Name: Leisa Anne Ebere
Status: Director

The notes form part of these financial statements

TORCHLIGHTERS INTL CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 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

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

    Other accounting policies

    Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

TORCHLIGHTERS INTL CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

TORCHLIGHTERS INTL CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 1,029 990 2,019
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 1,029 990 2,019
Depreciation
At 1 August 2023 206 396 602
Charge for year 103 198 301
On disposals
Other adjustments
At 31 July 2024 309 594 903
Net book value
At 31 July 2024 720 396 1,116
At 31 July 2023 823 594 1,417

TORCHLIGHTERS INTL CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Other debtors 5,647 5,157
Total 5,647 5,157

COMMUNITY INTEREST ANNUAL REPORT

TORCHLIGHTERS INTL CIC

Company Number: 12772626 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The company is a Christian religious organisation that assists the Community with an Online and Face to Face Befriending and Signposting Counselling Service, Musical and Christian Education Training Workshops and an Online Christian TV Station called Torchlighters TV, which Broadcasts Christian Music, Education and Prayer Programming to encourage Christian followers on a Weekly Basis. We currently run 10 Online TV programmes each week. The Company also conducts three Online Community Connect Groups to create a social atmosphere to both support and encourage the group members. Torchlighters INTL CIC is also committed to raise awareness about the threat of Human Trafficking in society.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 April 2025

And signed on behalf of the board by:
Name: Leisa Anne Ebere
Status: Director