FOUNDATION OF LIGHT

1. FOUNDATION OF LIGHT 2012-04-03 → present
2. SUNDERLAND AFC FOUNDATION 2001-06-28 → 2012-04-03

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, notwithstanding that the Group has reported 2025 net expenditure of £215,093 (2024: £311,905) and 2025 net cash inflows of £19,967 (2024: £369). The Trustees are confident that the company and Group will have sufficient funds to continue to meet its liabilities as they fall due and for at least 12 months.”

Group structure

1. FOUNDATION OF LIGHT · parent
   1. Altruism Limited 100% · England and Wales · operate the commercial trading at the Beacon of Light, including sport facility hire, meetings and predominantly events.
   2. Beacon of Light Limited 100% · England and Wales · to construct and now to run the Beacon of Light facility.

Significant events

• “Sunderland AFC achieving promotion back to the Premier League, strengthening visibility, partnerships, and ability to reach more people.”
• “Over 16,000 young people supported to make safer, healthier choices; almost 1,000 individuals developed greater self-awareness, confidence, and wellbeing.”
• “Female Football Pathway continues to thrive, with over 500 girls participating weekly and nine former players now representing Sunderland AFC Women's first team.”
• “Altruism recorded a profitable position for the second consecutive year.”
• “Secured a new Tier One partner - Croda Foundation, tackling the root causes of child poverty.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +13.5%

  £4,910,621 → £5,572,443

• Cash

  +1.7%

  £1,192,609 → £1,212,576

• Net assets

  -1.3%

  £16,599,848 → £16,384,755

• Employees

  -1.3%

  150 → 148

• Profit before tax

  +31%

  -£311,905 → -£215,093

• Wages

  +5.4%

  £2,599,759 → £2,740,316

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers