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Lighthouse collapsed with debts of £3.9m

23rd November 2009

A LIVERPOOL  drugs and alcohol charity that fell into administration in September collapsed with liabilities of £3.9m.

The figure, revealed in a creditors' report, is far higher than the £2m originally anticipated.

The Lighthouse Project, founded in 1967, ran 20 projects providing support to drug and substance users for primary care trusts (PCTs) in Liverpool, Knowsley, Sefton and St Helens.

But mounting financial problems, including tax and VAT arrears of £1.85m, led the directors to se......for the full story register now for free or login below...

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Kirwans
PKF Sept 2010

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