OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-07-31-accounts

.

Charity Registration No. 1083268

|

;

Company Registration No. 04028768 (England and Wales)

LISTER STEPS LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS _ FOR THE YEAR ENDED 31 JULY 2020

|

| |

LISTER STEPS LIMITED

:

; : |

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs G Downey
Mrs AJ May
Mr DR Barlow (Appointed 17 August 2020)
Secretary Mrs A] May
Charity number 1083268
Company number 04028768
Registered office The Old Library
Green Lane
Tuebrook
Liverpool
Merseyside
United Kingdom
113 7EB
Auditor Wilson Henry LLP
145 Edge Lane
Liverpool
Merseyside
United Kingdom
L72PF

LISTER STEPS LIMITED

|

CONTENTS

Page
Trustee's report 1-10
Statement ofTrustee's responsibilities 11
Independent auditor's report 12-13
Statement of financial activities 14-15
Balance sheet 16-17
Notestothefinancialstatements 18-29

| /

/

TRUSTEE'S REPORT (INCLUDING DIRECTORS’ REPORT)

FOR THE YEAR ENDED 31 JULY 2020

The trustees present their report and financial statements for the year ended 31 July 2020.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

Our aim is to be the spark that makes Tuebrook a better place to live and work, by creating positive impacts that are felt by locals, businesses and others beyond our boundaries.

We will do this by:

(1) - Speaking out on subjects and issues that Lister steps are passionate about - disadvantaged and/or unrepresented parts of society and the local community, or those who are unheard or ignored by authority. {2) - Effect the community at large; links to other organisations, networking, conduit for cooperation, pride in the locality

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

| :

LISTER STEPS LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2020

Public benefit - The Trustees are aware of the Charity Commission’s guidance on public benefit and have fully complied with their duty to regard to this guidance when exercising its powers and duties.

In shaping our future strategy, the Trustees pay particular regard to ways in which they further enhance our benefits to the public. The Trustees are aware that Lister Steps provide wider benefits to our service users in terms of the education we provide our children, the support we give our families and the opportunities we give to Volunteers, Students and Apprentices.

|

In addition to the childcare services, we offer: an affordable base for other charitable organisations; have acted as advocates on behalf of marginalised individuals; and provided training and employment opportunities for hundreds of local people. Skills development and accredited training for our staff and volunteers enables us to give the children in our care the best possible start in life.

Our Community Engagement Manager has delivered a wide range of activities and events throughout the year which include: Heritage open days, photography workshops and community journalism training within schools, youth groups, oral history research, local history and archaeology. Further details can be found in the relevant sections of this report.

Education - Our intent is to support our children to enable them to achieve their full potential academically, economically and to become happy, socially confident and able to keep themselves safe. In our work with young children our biggest contribution is to give them the skills to learn, to understand how to behave in a learning setting, how to listen, take turns, and to share and express their feelings. We do this in ways that comply with the Early Years Foundation Stage requirements and are fun and enjoyable for the children.

We are able to integrate children with additional learning needs and work alongside other professionals such as Educational Psychologists, and Speech and Language Therapists to develop individual plans to support the child’s development. We are often first to notice that something may be wrong if developmental milestones are not being met and are well placed to lead Early Help interventions and have the trust of families to do so.

During the accounting period members of the childcare team created a family feedback display to collect comments and suggestions from Parent/ Carers. Comments left to date include — “Lister Steps is just like family to me and my little boy, we would be lost without the care and support all of the staff give us”.

/

|

/

/

Families - Lister Steps provides free childcare to families in crisis or when there is a change in circumstances with the potential to harm the well-being of the child. During the reporting period we have supported families where serious illness, housing, domestic violence, residency status and crime have affected the main care giver.

For example, D, a 15-month old child in our care was diagnosed with a long-term disability, Mum, a single carer with 3 older children was struggling to cope. Working part time to support the family she confided to a member of our Baby Room Team that she was finding day to day life extremely hard, she was struggling to manage her responsibilities as a carer and keep up to date with bill payments, she was frightened falling behind with her rent and loosing the family home. Although D was not eligible to receive the grant funding until the term after his 2nd birthday we were concerned that the family were suffering in many different ways and the diagnosis of his disability was causing additional stress. D was allocated a child in need place to supplement the sessions Mum was able to afford. Mum used her spare time to meet with Benefits advisors to ensure she was receiving her entitlement and gained support from the Citizens Advice Bureau to manage her debts. Patsy Smith, Lister Steps Special Education Needs Co-ordinator worked intensively with D and engaged the support of Special Teaching Service and the Local Authority Consortia to secure the specialist equipment necessary to support D’s emerging needs.

:

i

|

' LISTER STEPS LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2020

Working in partnership with other health and social professionals we have taken the lead in developing play plans to challenge D’s abilities. With the support of a specially designed walking frame he is now able to join in with his friends at play. His speech and Language development is supported by the speech therapy department at Alder Hey and he is slowly catching up to his peers in terms of his language development.

Volunteers - Lister Steps are registered with Volunteer Liverpool and welcome volunteers into all facets of our work. We welcome volunteers of all abilities, to work with our children and value the input people with different life experiences can give, and find that volunteers with specialist skills can complement our work. Our volunteers have made useful contributions to Lister Steps in various strands of the organisation ranging from childcare to governance, research, social media management, administration, and horticulture and ground maintenance.

Volunteers often come from the most marginalised sections of society and we are able to support their developing personal skills, confidence and self- esteem.

Our community engagement work funded through the National Lottery Heritage Fund has enabled us to extend the range of volunteering opportunities available to members of our community. For example we have led activities such as archaeology, social media, photography, community journalism, community clean ups and art. During the accounting period a total of 41 people volunteered their time with us giving a valuable contribution of 98 days support to our charitable work.

Health and Well-being - Lister Steps networks extensively with other statutory and voluntary agencies across the Liverpool City Region to ensure that we have a portfolio of up to date and relevant support structure for our children and their families. We work very closely with local Health Visitors, Speech and Language Therapists, Educational Psychologists and Specialist Teaching Service to ensure children receive the intervention they may need. We are also able to sign-post our parents and staff for advice on finance, budgeting, debt management, mental health, counselling etc.

As we prepared to relocate into The Old Library we continued to develop our catering facilities, recruited an additional (NLHF) funded Chef and invested in training for the growing team, Jen Morley became a qualified Panco (Physical and nutrition coordinator}. Our chef continues to run regular cookery sessions with the older children and teaches them about balanced diets and menu planning. We start every day with a morning fitness session and introduced different ways to greet the children each day. High five, handshake, fist bump or a hug. In November our application to Fareshare was approved and we were linked with the Tesco store in West Derby. The donations we received enabled us to expand the variety of food we were able to offer the children and create, mini hampers for the families to take home and enjoy, supporting the on-going fight against food poverty.

During the lockdown Trustees and CEO were aware of the need to support and keep in touch with our staff team and families. The following measures were introduced:

;

:

:

/ / . | |

| | : |

/ ‘ :

| | : | ; |

LISTER STEPS LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2020

----- Start of picture text -----
|||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |e|Since|our|childcare|staff were|on|furlough|the|opportunities|to|support|individual|families|was|extremely|limited,| |however|the|CEO|was|able|to|signpost|parents|to|sources|of|support,|educational|and|wellbeing|activities|in|the| |local|area.| |e|The|Community|Engagement|Manager|maintained|contact|and|updates|through|social|media|-|this|included|a| |weekly|social|history|chronicle,|researched|by|one|of|our|long|serving|volunteers|and|links|to|avenues|of|support| |for|Lister|Steps|Followers| |®|A|survey|was|circulated|to|parents|to|ascertain|how|they|were|coping|during|the|lockdown,|what|their|particular| |needs|were,|and|if|and|when|they|were|planning|to|use|our|services|prior|to|re-opening|in|July.|We|have|also| |designed|a|similar|survey|to|provide|important,|baseline|information|regarding|the|support|families|received| |from|agencies|during|the|lockdown|and|the|wider|implications|on|their|wellbeing|and|that|of|their|children.|

----- End of picture text -----

/

Community cohesion - We value all of our children and families. We promote mutual respect and are inclusive. At Lister Steps we want children to be independent learners so that they can make their own choices, and build and develop strong relationships and friendships with lots of people. Our services promote the fundamental values of democracy, the rule of law, individual liberty, mutual respect, and tolerance of those with different faiths and beliefs. These values are reinforced regularly and in the following ways:

----- Start of picture text -----
||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |i.|Democracy| |®|Sharing|ideas|and|experience| |e|Children|plan|their own|activities| |®|Sharing|resources| |e|Parents|and|children|input|to|our development|plan| |il.|Mutual|Respect| |e|We|understand|that|all|children|are|different|and|they|all|develop|at|different|rates|with|different|needs| |®|We|work|hard|to|build|relationships|with|all|of our|families| |@|We|celebrate|special|occasions|that|are|important|to|our|families|and|the|wider|world| |e|We|promote|images|of|both|men|and|women,|and|boys|and|girls.| |®|Children|with|additional|needs|will|be|supported|by|staff,|will|be|protected|from|discrimination,|and|will| |be|given|the|same|opportunities|to|learn|and|to|reach|their|full|potential| |iil.|individual|Liberty| |©|Children|can|choose|their|own|activities.| |e|Children|can|choose|whether|to|work/play|inside|or|outside.| |®|Children|can|choose|what they would|like|to|eat|from|a|selection|offered| |®|We|celebrate|children’s|individual|interests|and|incorporate them|in|to|planning| |iv.|The|Rule|of|Law| |®|We|expect|all|children|to|follow|our|classroom|rules|with|support where|required| |e|Children|understand|why|we|need|to|have|classroom|rules|—|to|keep|us|safe|and|make|things|fair|and| |equitable| |®|Our|policies|and|procedures|make|sure we|are|consistent|and|have|clear|expectations|that|all|are|aware| |of| |v.|Tolerance|to|those|of|different|faiths|and|beliefs| |®|We|promote|respect|and|tolerance|for|peoples,|faith,|cultures|and|languages| |e|We|have|positive|images|reflecting|diversity| |e|We|have toys|and|resources|that|children|can|identify|with| |©|We|ensure|we|offer|children|exposure|to|a|wide|range|of|cultures|-|celebrating|festivals,|tasting|foods,| |being|part|of the wider community|

----- End of picture text -----

The work of our Community Engagement Manager was going strong until the impact of the covid pandemic when all face to face activities were suspended in line with Government legislation. Prior to the lockdown we were able to deliver the following activities and events for our community.

® Our Summer Fair in August 2019 which proved extremely popular and raised £900 towards our charitable activities.

;

|

| /

: LISTER STEPS LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

|

From March onwards all other community events had to be cancelled due to the coronavirus lockdown.

Our Community Engagement Manager worked extensively on line continuing our community support for example:

|

LISTER STEPS LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2020

:

Achievements and performance

Performance - Lister Steps is registered with OFSTED to provide 96 childcare places each day. The places are delivered through our Nursery and "Out of School" Club settings. We also provide play schemes during the school holidays for local children to help working parents and give children opportunities to play safely and learn new skills and hobbies.

Lister Steps offers school and college placements, internships and apprentices to local young people who wish to further their career working with children and families. As part of our award from National Lottery Heritage fund we created 2 paid bursary placements for local unemployed people to train and develop skills in heritage restoration and building work. During the Accounting Period staff benefitted from access to an on-line training academy Noodle Now to support their continued professional development during the accounting period staff completed 183 training courses relating to safeguarding, Health and Safety, Food Handling and Hygiene and more bespoke courses such as Dealing with biting in Early Years and Coping with Difficult Conversations.

We also hosted Hugh Baird College students to learn all about Heritage Tiling techniques at a special training day coordinated for them. In July 2019 Our CEO was invited to attend a special event co-ordinated by Barclays Bank. The event triggered significant pro-bono support from Bank Employees supporting the organisation with issues such as Customer Relationship Management, Marketing and planning for change.

The CEO also took part in a 2 day master class hosted by Furniture Resource Centre, a successful social enterprise based in Liverpool. FRC shared the secrets of their success and growth and some lessons around coping when things don’t go to plan. The away days were also a great networking opportunity for our CEO to reconnect with other leaders from across the North West region.

; : ; :

|

As part of the funding we received from National Lottery Heritage Fund we were able to commission Bread Media to design our new website and branding materials. The work they completed with the Senior management Team ensured the quality experience families and our community can expect from Lister Steps, is communicated through our media.

www.tol.org.uk

Our annual Staff Development day took place in January and focused on The Early Years foundation Stage curriculum and provided valuable refresher training for all of our Childcare Practitioners to ensure the experience and education our children and families receive is of the highest quality,

Board Members and Senior Managers worked together with The Associates to consider our forward thinking strategy and the best ways to maximise team working and use both resource groups to the benefit of the charity. As a group we worked together to consider our shared vision and values, to understand each other’s roles and responsibilities and to identify achievements and areas that need improvement.

We said goodbye to 3 staff members and welcomed Molly Hughes and Rhian Hankin into our Childcare team. In September 2019 our new Events Manager Laura Richardson joined the Senior Management Team.

In November 2019 our childcare manager developed a serious illness and was required to take sick leave for several months. During her absence the deputy childcare manager, Lizzie McCarthy was appointed Acting Childcare Manager, and three senior childcare practitioners took on extra responsibilities to share the work load. The dedication and commitment of the whole staff team, pulling together enabled us to maintain our high standards of childcare. The child care manager has received ongoing support from all the staff at Lister Steps and she recovered well enough to return to work. In July our Finance Manager Chris Davies left his position at Lister Steps and we welcomed Karen Keith as our new Finance Manager. A two week handover period was arranged to enable Karen to be fully equipped to take on this key role in the business. In July 2020 we appointed Michael Andrews as the Heritage Facilities Manager for the Old Library, Michael commenced working for Lister Steps in September 2019.

Key staff members were invited to showcase our work on local radio on a number of occasions during the accounting period. Our CEO and Community Engagement Manager were guests on Radio Merseyside’s Breakfast Show and were also interviewed by our local Community Radio station.

| / ; |

|

LISTER STEPS LIMITED

TRUSTEE'S REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

Achievements - The Trustees are in no doubt that a major achievement has been the survival of the business in the wake of the Coronavirus pandemic and lockdown. Our CEO, Gaynor Williams and Finance Manager, Chris Davies worked tirelessly to secure essential emergency funding to help manage cashflow, pay staff wages thus avoiding staff financial hardship and redundancies, and maintain the viability of Lister Steps. The Board of trustees and the Senior Management team worked in partnership to plan and implement the re-opening of the Childcare Services following the government and DFES Covid guidelines, and to make preparations for the possibility of a second lockdown later in the year.

The Old Library renovation project has now reached the completion phase. We regard this as a fantastic achievement. It is the culmination of complex project work and negotiation following the National Lottery Heritage Fund approval to fully fund the refurbishment of the Old Library (Andrew Carnegie), and to support a five year programme of activities designed to generate community cohesion, develop skills, encourage entrepreneurship, educate and bring enjoyment to the people of Tuebrook /Stoneycroft and the surrounding area, and of course as Lister Step’s new home.

The capital works contract awarded to HH Smith & Sons Ltd started on site on 01/04/19. The works were due to be completed on site on 31/07/2020 and the new facilities were planned to be operational from 01/09/2020. However as the restoration project progressed it became apparent that the building fabric was in a significantly worse condition than was first anticipated. This resulted in delays and a considerable increase in the costs. Our contractors, HH Smith continued to work during the lockdown, however further delays occurred due to difficulties in sourcing materials and in subcontracting work. We continued to work very closely with the project team and with officers from Liverpool City Council to ensure that the work was delivered to our original high standard. The refurbishment works were not completed without some serious problems, not least the extensive rot that was discovered in the roof and associated timbers — without the support of Liverpool City Council the completion of project would have been seriously delayed. At the time of writing this report the renovation work has been completed and the virtual opening of the Old Library took place on 25 November 2020.

|

Lister Steps is extremely grateful to the following individuals, trusts and organisations for their financial support during the accounting period:

|

Lister Steps is also extremely grateful to our long term supporters for their continued generosity:

LISTER STEPS LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2020

Impact of the Coronavirus pandemic on the charity

No one could have for seen the arrival of the coronavirus to the UK in the Spring of 2020. At the start of the reporting period in July/August 2019 Lister Steps was in a strong financial position. Occupancies in our childcare services were high, the summer Playscheme was very successful, and plans to renovate the Carnegie Library and relocate Lister Steps were progressing well. The Coronavirus Lockdown in March/April 2020 presented a major challenge to the Business and resulted in the closure of the childcare services between April and July. The childcare staff were furloughed, and the Senior Management Team worked from home. The Board of Trustees, the CEO and Finance Manager faced the difficult challenges of ensuring financial sustainability, saving staff jobs and managing the Renovation Project. A number of measures were put in place to mitigate the immediate and longer term impacts of the crisis. These included securing a combination of financial support to manage cash flow problems and enable the payment of staff wages: the government job retention scheme, an emergency grant from the National Lottery Heritage Fund, a loan from Social Investment Business, a small business grant from Liverpool City Council and the continued payments of the Nursery Education Grants by Liverpool City Council. The childcare services reopened on 6 July following guidance from the Government and DFES around social distancing. A comprehensive Covid policy and risk assessment was drawn up to meet the needs of parents for childcare and keep everyone safe. The introduction of the flexible furlough scheme further enabled the tight management of staff deployment. Occupancies in our childcare settings when services recommenced were very low. The flexible furlough scheme enabled us to carefully manage our staffing expenditure, allocating shifts fairly across the childcare team and increasing hours as need demanded.

| | i | /

Financial review

Reserves policy

The reserves at 31 July 2020 were £227,197 (2019: £249,489). This includes a deficit balance in unrestricted funds of £42,014 (2019: deficit of £32,637}.

It is the Board's intention to perform a detailed review of the reserves policy to meet the future needs of the business over forthcoming years. The aim of building up unrestricted reserves to cover at least 3 months’ operating costs initially, before extending this to 6 months.

|

|

Financial performance

The year ended 31 July 2020 has generated a deficit of £22,292 (2019 deficit of £29,129}. The Charity has delivered on its charitable objectives for the year.

Within the National Lottery Heritage Fund there is an operational contingency of £58,000 for impact of disturbance on day to day operations.

Voluntary income

Lister Steps would like to thank our individual and company donors who have supported our charitable work over the past 12 months. Total voluntary income increased from £13,353 in 2019 to £92,968 in 2020.

Trustees are aware that the organisation is currently underfunded for the community support activities we provide and recognise the potential to build upon the relationships that already exist with current supporters. Fundraising efforts have concentrated upon raising the capital necessary to secure our future relocation. However, the Trustees believe that the new relationships we have formed will greatly assist this process and open doors for potential corporate sponsorship and practical support.

Investment policy

/

The Trustees seek to ensure that emerging cash and other liquid resources are held and are able to be utilised for the purposes set out in the Reserves Policy. It is the policy of the Trustees that, until reserves satisfy the levels set out in the reserves policy, they are held in a low risk vehicle i.e. reserve bank account.

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

LISTER STEPS LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2020

Going Concern

|

Despite the SOFA being in a net expenditure position, the Trustees consider the Charity to be a going concern due to the availability of loan drawdowns from the ACF fund and a contingency of £58,000 still being available, if necessary, from the National Lottery Heritage Fund.

Future plans

Lister Steps plan to refurbish and re-use the former Grade Il West Derby Carnegie Library as a centre for community and commercial activities, to support our aim to make Tuebrook and Old Swan, Liverpool 13 better places to live and work. The library was the first in Liverpool to be funded by Andrew Carnegie as the only to be offered the funding rather than via an application process, and opened in 1905. On completion of the capital works we will relocate our existing services and expand the support to people providing our community with opportunities to work, socialise and develop skills through education and volunteering. The ‘Old Library' will include a licensed cafe to cater for large celebratory events such as weddings and christenings. Bespoke office space will be available for businesses, groups and individuals to hire, and will complement the large reading room capable of hosting large conferences and business networking events.

Structure, governance and management

Governing document

Lister Steps is governed by its Memorandum and Articles of Association adopted on 7 July 2000. The organisation is a company limited by guarantee, registered at Companies House (company no. 04028768) and a charity registered with the Charity Commission (registration number 1083268).

/ : |

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

MsGM Fulton (Resigned 1 April 2020}
Mrs G Downey
Ms VJ Davies (Resigned 3 April 2020)
MrCR JThomas (Resigned 18December2019)
Mrs AJ May
Ms B Barnes (Appointed 22 December 2019 and resigned 11 November 2020)
Mr DR Barlow (Appointed 17 August 2020)
MrCJDavies (Appointed31August2020andresigned31May2021)

|

Recruitment and appointment of new trustees

The Board of Trustees aims to recruit new Trustees with range of relevant skills and experience. Recruitment is initiated through online advertising using various platforms and sites and also Volunteer Liverpool and the Liverpool Chamber of Commerce. Prospective applicants are interviewed by the Chair of the Board of Trustees and the Board/Company Secretary. Trustees are required to undergo Disclosure and Barring Service background checks and to register with OFSTED. Election for positions on the Board takes place at the AGM or at Trustee Board meetings throughout the year.

During the accounting period Clive Thomas, Gail Fulton and Vicki Davies resigned from the Board of trustees. We would like to thank them for their contribution to the organisation and wish them well in their future ventures. We welcomed Brenda Barnes as a new Trustee. At our AGM in June 2020 Gill Downey was appointed as the new chair of the Board of trustees and Gail Fulton accepted the role of Patron of Lister Steps. Gail retired from being a trustee after 20 years of service to Lister Steps. We are delighted that she now wishes to maintain her interest and commitment to Lister Steps. During the reporting period we have had three new trustee applicants. David Barlow and Chris Davis have since been appointed as trustees and Peter Crossland’s application is currently being processed. Chris Davies has been appointed as treasurer for Lister Steps.

:

:

LISTER STEPS LIMITED

TRUSTEE'S REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

Trustee structure

The Board of Trustees aims to recruit new Trustees with range of relevant skills and experience, Recruitment is initiated through online advertising using various platforms and sites and also Volunteer Liverpool and the Liverpool Chamber of Commerce. Prospective applicants are interviewed by the Chair of the Board of Trustees and the Board/Company Secretary. Trustees are required to undergo Disclosure and Barring Service background checks and to register with OFSTED. Election for positions on the Board takes place at the AGM or at Trustee Board meetings throughout the year.

Communications with the Team

Lister Steps is a value led organisation and this is reflected across our communications with the full staff team including volunteers, students and trainees on work placement. Staff are kept up to date with developments via bi-monthly full team meetings, regular memo's and team leader briefings. A trustee attends each full team meeting and team members are encouraged to input into operational reports presented at board meetings.

|

Team Building days, Staff development and Training days are held bi- annually and this gives the opportunity for staff, volunteers and trustees to work together.

Equal opportunities

Lister Steps considers equality of opportunity in all aspects of our organisation. We have an equal opportunities policy which is reviewed annually.

Risk management

The Trustees are responsible for risk management and for overseeing the audit. The Company Secretary is the childcare nominated person and ensures compliance with OFSTED as the regulatory body.

The Board as a whole take responsibility for risk management and ensure that agreed actions comply with the risk management policy. Policies and procedures are reviewed annually.

Auditor

/

|

Wilson Henry LLP

Registered Auditor

145 Edge Lane Liverpool Merseyside

The Trustee's report was approved by the Board of Trustees.

| |

Mrs G Downey TrusteeDated:dA_, 25°

:

/

LISTER STEPS LIMITED

STATEMENT OF TRUSTEE'S RESPONSIBILITIES

FOR THE YEAR ENDED 31 JULY 2020

The trustees, who are also the directors of Lister Steps Limited for the purpose of company law, are responsible for preparing the Trustee’s Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

|

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

|

|

/

‘ : / | | | |

| ; |

' LISTER STEPS LIMITED INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF LISTER STEPS LIMITED

Opinion

We have audited the financial statements of Lister Steps Limited (the ‘charity’) for the year ended 31 July 2020 which comprise the statement of financial activities, the balance sheet and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports} Regulations 2008 require us to report to you if, in our opinion:

/ i

| |

|

LISTER STEPS LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF LISTER STEPS LIMITED

Responsibilities of trustees

As explained more fully in the statement of Trustee's responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance Is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Hilene Henry (Senior Statutory Auditor) for and on behalf of Wilson Henry LLP

seseaussasssseevenevesess

|

Chartered Accountants

Statutory Auditor 145 Edge Lane Liverpool Merseyside United Kingdom L7 2PF

Wilson Henry LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006. '

|

/

|

/

LISTER STEPS LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 JULY 2020

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020 2020 2020 2019 2019 2019
Notes £ f£ £ £ f£ f£
income from:
Donations and legacles 3 65,568 27,400 92,968 10,671 2,682 13,353
Charitable activities
Nursery and clubs 2 255,238 - 255,238 312,574 - 312,574
Bullding improvement
fund 2 1,470 91,980 93,450 3,850 89,067 92,917
Other income 2 11,107 - 11,107 209 - 209
investments 4 - - - 1 - 1
Total income 333,383 119,380 452,763 327,305 91,749 419,054
Expenditure on:
Charitable activities
Nursery and clubs 5 338,989 189 339,178 326,555 - 326,555
Building improvement
fund 5 - 131,834 131,834 6,813 108,290 115,103
Key Fund Grant 5 - 272 272 - 2,925 2,925
Otherexpenditure 5 3,600 - 3,600 3,600 - 3,600
Total charitableexpenditure 342,589 132,295 474,884 336,968 111,215 448,183
Other 14 171 - 174 - - .
Totalresourcesexpended 342,760 132,295 475,055 336,968 111,215 448,183

|

|

|

|

| | |

LISTER STEPS LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 JULY 2020

Net outgoing resources
beforetransfers (9,377) (12,915) (22,292) (9,663) (19,466) (29,129)
Grosstransfersbetween
funds 5,930 (5,930) - - - -
Net expenditure fortheyear/
Net movement infunds (3,447) (18,845) (22,292) (9,663) (19,466) (29,129)
Fund balances at 1 August
2019
As originally reported (32,637) 385,340 249,489 (22,974) 301,592 278,618
Prior year adjustment - (103,214) (103,214) - - -
As restated (32,637) 282,126 146,275 (22,974) 301,592 278,618
Fund balances at 31 July
2020 (36,084) 160,067 123,983 (32,637) 282,126 249,489

:

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

|

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

LISTER STEPS LIMITED

|

|

| | |

BALANCE SHEET

AS AT 31 JULY 2020

2020 2019
Notes £ £ £ £
Fixed assets
Tangible assets 12 294,790 414,697
Current assets
Debtors 13 10,460 22,391
Cash at bank and in hand 3,483 27,306
13,943 49,697
Creditors: amounts fallingdue within one
year 15 (61,766) (78,507)
Net current liabilities (47,823) (28,810)
Total assets lesscurrent liabilities 246,967 385,887
Creditors:amountsfallingdue aftermore
than oneyear 16 (122,984) (136,398)
Net assets 123,983 249,489
Incomefunds
Restricted funds - general 17 160,067 282,126
Unrestricted funds (36,084) (32,637)
123,983 249,489

|

|

LISTER STEPS LIMITED

|

:

;

BALANCE SHEET (CONTINUED)

AS AT 31 JULY 2020

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2020, although an audit has been carried out under section 144 of the Charities Act 2011.

The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on ....AG%nee eeeee

oO a Mrs G Downey Trustee C

Company Registration No. 04028768

|

:

| / :

/

: / ; | : | / :

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2020

1 Accounting policies

Charity information

Lister Steps Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Old Library, Green Lane, Tuebrook, Liverpool, Merseyside, L13 7EB, United Kingdom.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

The financial statements have been prepared on a going concern basis. Despite consecutive years of being in a deficit position, the Trustees believe that the organisation will continue to trade for the foreseeable future. The Trustees cite the continued dedication of everyone involved with the organisation as a reason for this, as well as the availability of significant additional funds from lenders and grant providers on request.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

|

'

:

:

|

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

1 Accounting policies

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings Straight line over 25 years Fixtures and fittings 25% on reducing balance Computers Straight line over 5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Taxation

|

The charity is exempt from corporation tax on its charitable activities.

|||||||||N|gq
265
Oo
WwW||
:| |---|---|---|---|---|---|---|---|---|---|---| |||az
aSs
“wn
ow
fos
a
<
2A
<
a 3 %
RF
ag gs
=
c
Oo
225
a>
1
2.
oa
@
3
d
a)
a|||uN
Qos
a>
3
oae
Qo "
g
9
3 4s
as 33
os 2
39 35
©
eas
2
9 =
oO
a 8
=
qo
ao
gw
5
9
r=
wie|||Q
>
o)
s
ae
=
z
ea
®
o
a
a4
<
=
®
wn|Ti
=
w
bs]
mr
vl
Ww
fo)
“<
n
Ya
osm
xz
aw)
6]
m
W
1
|
2
5s
£
ie)
a
2
faa
>
—
S
a
=|
re)
&
me
mi
a
FS
OG
Sens
fe|:
;
'
i
|
:
:
;
;
i
|
:
:
i
:| ||||||®||||||/| ||||||||||No
=f|| ||||||||||©
im|:| ||||||||||=|
Ww
atti)
(o)|:
:
:| ||||||||||oO
Pa
=|
2|:
|| ||||||||||Cc
m|;| ||||||||||et|| |||||||||z||| ||IN)
ul
“|N
ui
“i||IN
ul
uw|N
uw
wv|||£
a
%
aa||k
:
:
:| ||co|1
00||co|1
1|m|8|FB||| |'
3
:
N
oO
wo
wo
wo
<2 oD
o
Y
PPR
Ww
wX
@ &
:
p
|os
eS
fs
sy
gf
wo
o
uw
wu
8
8 5
:
o
(ome)
fo)
1
O41
mh
oO
a
:||||||||||| ||ea
B
bs
fo)
~|re
e
bs
[o)
ro™||be
ho
be
Q
NS|ae
B
a
fo)
a
ee|rh|p=
N
Oo|g
iy]
ba)
=
a
°
3
0|||
L
:
i
:
:
L| ||w
uw
{©
NI
wo
wi|N
oO
HF
rN
w 00
or
ow|f w
foo
}
so
oN
f
I
wv||nN
BR wou
Pw
tb AN
OM w
sO 0|rh||yg
88a
ow||/
:
:
:
i
:| ||w
ae
N
Q
oS|uw
B
N
qi
1||w
B
NX
qj
aS|w
ny
N
qj
ne|wm|8
&|a
%
a<
28
aw||:
:
;
:| ||Xe)
N
re)
Ps
NI|co
LO Ww
Oo vw
a uw
Ee}||wo
N
io
r=
“I|wo
N
to
mm
ee|mh|s
eg
©|ry
<n
@ &
36
o =
3 aa||}
:
:
:| |||||||||fe)||:| |||||||||a||| |||||||||a||2| |||||||||©||| ||iN)
fo)
©|N
fo}
1
©||N
fo}
©|i)
oa)
Oo.
4|th|N
to)
0|a
5}
3
Cy||:
i
\
:| |J
w
£
w
;
f
Oo
Co FS
oO
oF
:
u
on
un
NN
:
SI
oO
SI
N wu
yo
1
Oo
GH w
°
or NI
a ¢
|
Oo
SI
fo)
ons
mh
wo|||||||||||

|

|

|

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

3 Donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
general general
2020 2020 2020 2019 2019 2019
£ £ £ £ £ £
Donations and gifts 3,604 27,400 31,004 10,671 2,682 13,353
Coronavirus Job Retention
Scheme 61,964 - 61,964 - - -
65,568 27,400 92,968 10,671 2,682 13,353

4 Investments

Interest receivable

Total Total 2020 2019 £ £ - 1

|

|

:

|

| |

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

5 Charitable activities

Nurseryand Building Key Fund Other Total Total
clubs improvement Grant expenditure 2020 2019
2020 2020 2020 2020
£ £ £ £ £ £
Staff costs 290,538 85,839 - - 376,377 321,900
Depreciation and impairment 376 19,440 - - 19,816 20,157
Premises costs 26,801 3,739 - - 30,540 40,168
Repairs and renewals 439 ~ - - 439 1,442
Travel 393 226 - - 619 1,586
Training (108) 3,739 - - 3,631 2,536
Bad debts 3,988 - - - 3,988 -
Computer support &
expenses 2,185 - - - 2,185 2,862
324,612 112,983 - - 437,595 390,651
Share ofsupport costs(see
note 6) 8,710 18,646 272 - 27,628 29,244
Share ofgovernance costs
(see note 6) 5,856 205 - 3,600 9,661 28,288
339,178 131,834 272 3,600 474,884 448,183
Analysisbyfund
Unrestricted funds 338,989 - - 3,600 342,589 336,968
Restricted funds - general 189 131,834 272 - 132,295 111,215
339,178 131,834 272 3,600 474,884 448,183

/

|

LISTER STEPS LIMITED

|

/

| |

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

5 Charitable activities

For the year ended 31 July 2019

Nurseryand Building Key Fund Other Total
clubs improvement Grant expenditure 2019
Staff costs 278,303 43,597 - - 321,900
Depreciation and impairment 20,157 - - - 20,157
Premises costs 40,168 - . . 40,168
Repairs and renewals 385 1,057 - - 1,442
Travel 751 835 - - 1,586
Training (149) 2,685 - - 2,536
Computer support & expenses 2,862 - - - 2,862
342,477 48,174 - - 390,651
Share ofsupport costs (see note 6) (18,010) 44,329 2,925 - 29,244
Share ofgovernance costs (see note 6) 2,088 22,600 - 3,600 28,288
326,555 115,103 2,925 3,600 448,183
Analysisbyfund
Unrestricted funds 326,555 6,813 - 3,600 336,968
Restricted funds -general - 108,290 2,925 . 111,215
326,555 115,103 2,925 3,600 448,183

|

|

;

:

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |6|Support|costs| |Support|costs|Governance|2020|Support|costs|Governance|2019| |costs|costs| |£|£|£|£|£|£| |Advertising|18,804|-|18,804|18,089|-|18,089| |Bank|charges|1,254|-|1,254|1,320|-|1,320| |Bank|interest|945|-|945|97|-|97| |Loan|interest|6,625|-|6,625|9,738|-|9,738| |Audit|fees|-|3,600|3,600|-|3,600|3,600| |Legal|&| |professional|fees|-|3,260|3,260|-|21,880|21,880| |HR|costs|-|2,801|2,801|-|2,808|2,808| |27,628|9,661|37,289|29,244|28,288|57,532| |Analysed|between| |Charitable| |activities|27,628|9,661|37,289|29,244|28,288|57,532| |7|Net|movement|in|funds|2020|2019| |£|£| |Net|movement|in|funds|is|stated|after|charging/(crediting)| |Depreciation|of owned|tangible|fixed|assets|19,816|20,157| |Loss|on|disposal|of tangible|fixed|assets|171|-| |8|Auditor's|remuneration| |The analysis of auditor's|remuneration|is as follows:| |2020|2019| |Audit|of the|charity's|annual|accounts|3,600|3,600|

----- End of picture text -----

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

:

|

| |

| | i |

| |

|

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

10 Employees

The average monthly number of employees during the year was:

2020 2019
Number Number
Administration 5 4
Childcare 17 16
Total 22 20
Employmentcosts 2020 2019
Wagesand salaries 357,304 307,114
Social security costs 19,073 14,786
376,377 321,900
Therewere no employeeswhose annual remuneration was £60,000 or more.
11 Other
Total Total
2020 2019
Netlossondisposaloftangiblefixedassets 171 -

|

|

|

:

;

| | | | |

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

12 Tangible fixed assets

Tangible fixedfixed assets
Leasehold land
and buildings		 Assets under
construction		 Fixtures and
fittings		 Computers Total
£ £ £ £ £
Cost
At 1 August 2019 483,492 235,831 29,051 - 748,374
Additions - - - 3,294 3,294
Disposals - (103,214) (21,724) - (124,938)
At 31 July 2020 483,492 132,617 7,327 3,294 626,730
Depreciation and impairment
At 1 August 2019 306,259 - 27,418 - 333,677
Depreciation charged in the year 19,340 ~ 366 110 19,816
Eliminated in respect ofdisposals - - (21,553) - (21,553)
At 31 July2020 325,599 - 6,231 110 331,940
Carrying amount
At 31July2020 157,893 132,617 1,096 3,184 294,790
At 34 July2019 177,233 235,831 1,633 - 414,697
Debtors
2020 2019
Amounts falling due within one year: £ £
Tradedebtors 5,583 (6,219)
Other debtors 195 23,928
Prepayments and accrued income 4,682 4,682
10,460 22,391

13 Debtors

|

LISTER STEPS LIMITED

|

|

| | |

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

14 ~—_Loans Loans and overdrafts
2020 2019
£ £
Bank overdrafts - 29,243
Other loans 155,145 155,670
155,145 184,913
Payable within oneyear 32,161 48,515
Payable after oneyear 122,984 136,398
Amounts included above which fall due after five years:
Payable byinstalments 77,041 84,925
15 Creditors: amounts falling due within one year
2020 2019
Notes £ £
Bank overdrafts 14 - 29,243
Other borrowings 32,161 19,272
Other taxation and social security 6,522 5,648
Trade creditors 8,921 20,456
Other creditors 9,280 (994)
Accruals and deferred income 4,882 4,882
61,766 78,507
16 = Creditors: amountsfallingdueaftermorethanoneyear
2020 2019
Borrowings 122,984 136,398

& '

||a
2
QSxeE D
sO PERRS Ee
wo
zeO<
@
=
ct
=
=
3°72 28m
c
5
o
GQ +
>
5
2
«wm
1
3
Soa
h,
o 8
og oF
Yn
oa
c¢ 2
=
3
a
o3
4 < 2
a)
a= 4A
om
2
3°
s
Pa
®
G)
Q)
o
5
3170
“
3°06
<
oo
oe f
a
7
co
ot
a
QO
a
<||||5
a
26
£9
g
|
a
=|
rm
rm
>
f
zr
Y
B
oO
n
|
pat
fA
=|
i
=
“<
8
2
ray
=|
:
S
®
~
am
2.
o\
=h\
ay\
m\
Fy\
5\
m\
Ww\
3\
2.\
2\
7\
rm\
Q\
“\
mac\
;\
an\
S\
a\
>
:
9
Hua
:
oh
S
2
=
‘
o
=
FA
ww
(oe)
mi
:
bea
ca
:
Nera
rf
i| |---|---|---|---|---|---| ||=>
Cc
3
5
oa
a
a
=
x
2.||||a
A
i
ae
=
==
s.
“<
P
:
a
ha
=|
:
=
So
mi
a.
N
<
©
@
Fo
i| ||||||o
a
:| ||||||iy
i
c
Pad
:
2
=
|
8
e
|
3
mi
Ei
g| ||||||oa
i
$ || |8
ul
ie)
N|BS
DOB
BN
BR
Fe ns es en ©) ee|FR|ee
428
ye
eo
oO &||=
g
°
S
Ey
i
oa
:
ci| ||||||3| |&
| oN
;
BE
=
BR|S
8
a
Q
co
oy
Cr
|
e
~|mm|8385
8
|
a3
3
a.
:
an)
o
:
wm
Q.
:
ad
o
:*
5
=
i)
:
ez5
3
2.
j||| |ut
wv|ln sr
ee ©) ee ee >)
Yw
2|rh|ow||re)
L
9g
:
i]
i| |H
NO
|
co

| oS
f oN
a|bob
on
N WWD
Oo Wn NY
onBR OS
ror
or
NP
BB
OO|fo|>
is
og
Cx
tS
8
g6
© &||3
/
5
1
w
o
|
=]
ao
:
a
:
o
|
3
i
es
i
®| |[
po
fw
|
99|S
re
fe
wh
8
ou
oOo ww
wo
8oaag
09||8 F
8 8
= 3
ss|2|a
|
a
°
|
3
:
o
|| ||
y
7;
IS)
| ©
2|~
~
PR
B
OF
a a
— MN
BBs
SRS
(oOo.
BRD
£&2Of
HY EeL2|mh|3
@
2»
5
38
+
@e2 5
bee
®
<
BR
Ss
2||06
|
w
/
e
Q
'
2
|
:
a
:| ||||||ZG
i
9
:| |[oa
}
‘Oo
|
1
oO|ee)
nN
o 5
ror
os
4
NM Oo
1
4|hp|=!
5
4
g
“a||o
-
:
:
:| |rs
aD
2
Q
a
||Pas
£
ie
N fo
a”
Qwwrk
a
OF
CO
co
oOroo
1:
roa|“2
oor
<3
S$ 8»
hh
Oo|||:
)
/|

|

LISTER STEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2020

18 = Analysis of net assetsbetween funds Analysis of net assetsbetween funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020 2020 2020 2019 2019 2019
£ £ £ £ £ £
Fund balances at 31 July
2020 are represented
by:
Tangible assets (101,835) 396,625 294,790 1,633 413,064 414,697
Current assets/(liabilities) (45,057) (2,766) (47,823) (34,270) 5,460 (28,810)
Long term liabilities 1,664 (124,648) (122,984) - (136,398) (136,398)
(145,228) 269,211 123,983 (32,637) 282,126 249,489

19 Related party transactions

There were no disclosable related party transactions during the year (2019 - none).

20 ~— APB Ethical Standard - Provisions Available for Small Entities

|

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.