2021-07-31-accounts - Lister Steps Limited

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			Page
Trustees' Annual Report
Statement of	Trustees' Responsibilities		12
Independent	Examiners	Report	13
Statement of	Financial Activities		14
Balance Sheet			15
Statement of	Cash Flows
Notes forming	part ofthe	Financial Statements	17

Name			Lister Steps Limited
Company		Number	04028768
Charity	Number		1083268
RegIstered		Office	The Old Library
			Green Lane
			Tuebrook
			Liverpool
			Merseyside
			L137EB
Directors			P A Crossland	(Appointed	18'"September 2020)
			G Downey
			AJ May
			BBarnes	(Resigned	11'" November 2020)
			D R Barlow CJ Davies L Pover	(Appointed (Appointed Resigned (Appointed	17~August 2020) 31tst August 2020, 31"May 2021) 13'"December 2020,
				Resigned	12~August 2021)
Independent Examiner			Graham Wright BA (Hons), F C A DChA, Liverpool Charity and Voluntary Services,
			151 Dale Street,
			Liverpool
			L2 2AH
Bankers			Lloyds,

FOR THE YEAR E	NDED 31'J	ULY 2021
						Restated
		Notes	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
Income and endowments			2021	2021	2021	2020
from:
Donations and legacies Charitable activities Other Income		3a 3b 3c	1,129 360,257 9,886	192,877	1,129 553,134 9,886	3,604 438,052 11,107
Total income			371,272	192,877	564,149	452,763
Expenditure on:
Charitable Activities			406,227	176,863	583,090	475,055
Total expenditure			406,227	176,863	583,090	475,055
Net (expenditure)/ movement in funds	income, net		(34,955)	16,014	(18,941)	(22,292)
Prior Year Adjustment						(103,214)
Total funds brought	forward	11,12	(36,084)	160,067	123,983	249,489
Total funds carried	forward	10-12	(71,039)	176,081	105,042	123,983

			Notes	31"July	2021	31"July	2020
					F	F	F
Fixed assets
Tangible fixed assets					286,961		294,790
Current assets
Debtors				18,057		10,460
Cash at bank and	in	hand		3,675		3,483
				21,732		13,943
Current liabilities
Creditors: amounts falling due within one year				(80,764)		(61,766)
Net current (liabilities)					(59,032)		(47,823)
Total assets less liabilities	current				227,929		246,967
Creditors."amounts		falling	8
due after more than		one			(122,887)		(122,984)
year
Net Assets					105,042		123,983
Funds:
Unrestricted funds			10,11		(71,039)		(36,084)
Restricted funds			10,12		176,081		160,067
					105,042		123,983

			Notes	31"July 2021	31"July 2021	31"July 2020
Cash flows from
operating activities						6
Cash generated from/ (used in) operations			14		9,145	(9,239)
Investing activities
Purchase oftangible assets	fixed			(21,174)		(3,294)
Net cash (used in) investing activities					(21,174)	(3,294)
Cash flows from
Financing activities
Repayment of loan				(4,618)		(525)
Net cash generated financing activities	from				(4,168)	(525)
Net increase in cash	and
cash equivalents					(16,647)	5,240
Cash and cash
equivalents at beginning		of			3,483	(1,937)
year
Cash and cash
equivalents at end of					(13,164)	3,483
year
Represented by:
				31"July	2021	31"July 2020
Cash at bank and in hand					3,675	3,483
Bank Overdraft					(16,839)
					(13,164)	3,483

compliance with constitutional and statutory requirements in producing the These are dealt with in the Statement of Financial Activities when payment approved by the charitable company. Fixed Assets	compliance with constitutional and statutory requirements in producing the These are dealt with in the Statement of Financial Activities when payment approved by the charitable company. Fixed Assets	annual report. has been
Capital expenditure is stated in the balance sheet at cost less accumulated Depreciation is provided to write off the cost ofeach asset over its expected below:		depreciation. useful life as
Computers 5 Equipment	20'/o per annum straight line basis
Fixtures 8 Fittings	25'/o per annum on reducing balance basis
Leasehold Land & Buildings	straight line basis over 25 years
Improvements to Leasehold	straight line basis over 25 years

						Restated
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
a.Donations	and	Legacies	2021	2021	2021 f	2020f
Donations			1,129		1,129	3,604

						Restated
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
b.	Charitable activities		2021 f	2021 f	2021f	2020f
	B& Q Foundation			5,000	5,000
	Building Fund Coronavirus job retention scheme		63,184		63,184	93,450 61,964
	Cafe 8 Events Income Enstone- Old Library Furnishing		9,034		9,034	1,000
	Groundwork					500
	Heritage Lottery Fund			157,781	157,781
	Heritage Fund Emergency Grant			3,600	3,600	22,900
	LCVS- Targeted Engagement Grant			5,000	5,000
	Nursery &Club Income Office 8 Room Rental		280,415 7,624		280,415 7,624	255,238
	PH Holt Foundation Postcode Neighbourhood Skelton Charity Torus Foundation	Trust		19,500 1,000 996	19,500 1,000 996	3,000
			360,257	192,877	553,134	438,052

	Direct	Support & Total	Total
	Charitable	Governance 2021	2020
To provide child day-care activities	Expenditure 384,782	Costsf 198,308 583,090	475,055
a.Analysed as follows:
Direct charitable expenditure: Staff salary costs Depreciation and impairment Running costs Repairs & renewals Travel Training Bad debts Computer support &expenses		2021f 288,662 28,585 54,424 2,176 1,012 3,259 6,664	2020f 376,377 19,816 30,540 439 619 3,631 3,988 2,185
		384,782	437,595
Support & Governance costs: Staff salary costs Advertising, marketing &consultancy Bank charges Bank interest Loan interest Accountancy fees Legal & professional fees HR costs Sundry Loss on disposal oftangible fixed assets		2021f 155,905 20,471 1,010 365 11,219 1,180 4,468 2,814 458 418	2020 18,804 1,254 945 6,625 3,600 3,260 2,801 171
		198,308	37,460
Total expenditure on charitable	activities	583,090	475,055

b.Staff Costs	2021	2020
Gross wages and salaries	417,176	357,304
Social security costs	21,016	19,073
Pension costs	6,375
	444,567	376,377

e average	n	umber ofemployees during t	he year was as follow	s:
			2021	2020
Charitable	activities		16	17
Management		and administration	8	5
			24	22

				Leasehold
		Computers &	Fixtures	Land &	Improvements
Cost Balance at 1" August 2020		3,294 Equipment f	7,327 &Fittings f	483,492 Buildings F	to Leasehold F 132,617	Total f 626,730
Additions in the year		6,527	14,269		378	21,174
Disposals during year	the		(2,116)			(2,116)
Balance at31" July 2021		9,821	19,480	483,492	132,995	645,788
Depreciation Balance at 1" August 2020		110	6,231	325,599		331,940
Charge for the year		1,964	3,737	19,340	3,544	28,565
Disposals during year	the		(1,698)			(1,698)
Balance at31" July 2021		2,074	8,270	344,939	3,544	358,827
Net book value at
3'Ist July 2021		7,747	11,210	138,553	129,451	286,961
Net book value at 31st July 2020		3,184	1,096	157,893	132,617	294,790


Creditors: amo	unts	falling due within one year
			2021	2020
			E	E
Bank overdraft			16,839
Trade creditors	&accruals		26,452	13,803
Loans (see note	8)		27,640	32,161
Taxation and social		security	9,833	6,522
Other creditors				9,280
			80,764	61,766

				2021	2020
					E
Carrying	amount	of tinancial
assets:
Debt instruments cost		measured	at	21,732	9,261
Carrying	amount	of financial
liabilities:
Measured	at cost			193,819	168,948

.Analysis of Net Assets	between	Funds
		Tangible		Creditors
2021		Fixed	Net Current	More than
		Assets	Assets	one year	Total
Unrestricted Funds		f	F		F
General Fund		268,549	(216,701)	(122,887)	(71,039)
Restricted Funds
B 8 Q Foundation			5,000		5,000
Building Fund Enstone- Old Library			146,696 1,000		146,696 1,000
Furnishing
Groundwork			62		62
Heritage Lottery Fund		16,092			16,092
PH Holt Foundation Postcode Neighbourhood Torus foundation	Trust	2,320	4,538 373		2,320 4,538 373
		18,412	157,669		176,081
Totals		286,961	(59,032)	(122,887)	105,042

	2020	2020	Tangible	Net Current	Creditors
			Fixed	Assets	More than
Unrestricted		Funds	Assets	E	one year F	Total F
General	Fund		294,790	(207,890)	(122,984)	(36,084)
Restricted Funds
Building	Fund			146,696		146,696
Enstone-	Old	Library		1,000		1,000
Furnishing
Groundwork				311		311
Heritage	Fund	Emergency		9,160		9,160
Grant
PH Holt	Foundation			2,900		2,900
				160,067		160,067
Totals			294,790	(47,823)	(122,984)	123,983

TES TO THE ACCOU Restricted Funds	NTS	FOR THE YE	AR ENDED	31srJULY 202	1
				Movements	in	the Year
			Funds				Funds
2021		at Beginning					at End
B8 Q Foundation			ofyear f	Income f 5,000 Expenditure (f)			ofYear f 5,000
Building Fund			146,696				146,696
Enstone-Old Library	Furnishing		1,000				1,000
Groundwork			311			(249)	62
Heritage Lottery Fund				157,781	(141,689)		16,092
Heritage Fund Emergency Grant LCVS-Targeted Engagement Grant			9,160	3,600 5,000	(12,760) (5,000)
PH Holt Foundation Postcode Neighbourhood Skelton Charity Torus foundation		Trust	2,900	19,500 1,000 996	(580) (14,962) (1,000) (623)		2,320 4,538 373
			160,067	192,877	(176,863)		176,081
				Movements		in the Year
		Funds					Funds
2020		at Beginning					at End
Building Fund Enstone-Old Library		ofyear f 172,709	Incomef 91,980	Expenditure (f) (117,993)	Transfers		ofYear f 146,696
Furnishing			1,000				1,000
Groundwork Heritage Fund Emergency Grant			500 22,900	(189) (13,740)			311 9,160
Key Fund Investment Liverpool City Council-		3,521 103,214		(273) (103,214)		(3,248)
City Fund Award
PH Holt Foundation Skelton Charity		2,682	3,000	(100)		(2,682)	2,900
		282,126	119,380	(235,509)		(5,930)	160,067