LIGHTSOURCE CONNECTIONS LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £74,841 for the year ended 31 December 2023, with total unrestricted reserves standing at £405,442. The trustees confirmed that the charity has adequate reserves and a satisfactory level of contracted future income, supporting a going concern basis. No specific reserves policy target was stated, as the trustees consider holding a minimum level unnecessary due to minimal operating costs.
What the accounts disclose
Trustees
- ALBENA IVANOVA SPURLING
- ARTHUR ROWE SPURLING
- WES JAMES GERALD LINDEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £365k | £163k |
| 31/12/2023 | £166k | £91k |
| 31/12/2022 | £174k | £40k |
| 31/12/2021 | £161k | £59k |
| 31/12/2020 | £98k | £70k |
Common questions
Is LIGHTSOURCE CONNECTIONS LIMITED financially healthy?
The accounts state that the charity reported a surplus of £74,841 for the year ended 31 December 2023, with total unrestricted reserves standing at £405,442. The trustees confirmed that the charity has adequate reserves and a satisfactory level of contracted future income, supporting a going concern basis. No specific reserves policy target was stated, as the trustees consider holding a minimum level unnecessary due to minimal operating costs. Its FY2023 accounts were independently examined.