LIGHTFORCE INTERNATIONAL
Humanitarian Aid and Development Projects
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £871,055 against a stated policy target of four months of operational funds. The trustees consider the organization to be in a stable financial position with adequate resources to continue as a going concern, despite reporting a net deficit of £7,821 for the year.
What the accounts disclose
“Our policy is to ensure that we have funds in hand to operate for four months.” — page 5
“In our opinion, the financial statements: - we have not obtained all the information and explanations that we considered necessary for the purpose of our audit; and - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.”
“Gifts in kind are from Milton Keynes Christian Centre, a related party, and comprise of £25,750 (2023: £25,750) for the provision of serviced offices and £12,650 (2023: £12,650) being staff costs of personnel working within Lightforce International.” — page 20
“Milton Keynes Christian Centre (MKCC): £11,377 (2023: £10,701).” — page 26
“Gifts in kind are from Milton Keynes Christian Centre, a related party, and comprise of £25,750 (2023: £25,750) for the provision of serviced offices and £12,650 (2023: £12,650) being staff costs of personnel working within Lightforce International.” — page 20
“Milton Keynes Christian Centre (MKCC): £11,377 (2023: £10,701).” — page 26
“Gifts in kind are from Milton Keynes Christian Centre, a related party, and comprise of £25,750 (2023: £25,750) for the provision of serviced offices and £12,650 (2023: £12,650) being staff costs of personnel working within Lightforce International.” — page 20
“Milton Keynes Christian Centre (MKCC): £11,377 (2023: £10,701).” — page 26
Trustees
- ANDREW SHEARMAN
- Anish Mathew
- Dr Chidumebi Cyprel Ijeh
- Franklin Jayaraj
- GEORGE RONALD RIDLEY
- Rachel Edwards
- Sonia Bell
- Sunny Bokinala
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £343k | £351k |
| 31/12/2023 | £274k | £245k |
| 31/12/2022 | £247k | £288k |
| 31/12/2021 | £214k | £217k |
| 31/12/2020 | £299k | £283k |
Common questions
Is LIGHTFORCE INTERNATIONAL financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £871,055 against a stated policy target of four months of operational funds. The trustees consider the organization to be in a stable financial position with adequate resources to continue as a going concern, despite reporting a net deficit of £7,821 for the year. Its FY2024 accounts were audited by Crouchers Limited.