CHARITY REGISTRATION fiuMBER: 326993
LEIA EDUCATIONAL TRUST
UNAUDITED FINANCIAL STATEMENTS
30 SEPTEMBER 2020
Chartered Certified Accountants
Numerie House
98 Station Ro&d
Sidcllp
Kent
DA15 7BY

LEIA EDUCATIONAL TRUST
FtNANCIAL STATEIMENTS
YEAR ENDED 30 SEvfEMBER 2020
Pagos
Trustees. anllualieport
lttdependentexamiller'sre￿l to the tru5tee8
Statement of fiJJattciai &cttviti¢s
St*temeLt of fiJJattciaiposition
Notss to the fiL*ncial statements
7toll

LEIA EDUCATIONAL TRUST
TRUSTEES, Af4NUAL REPORT
YEAR EM)ED 30 SEvfEMBER 2020
The trn$t¢¢5 pre$ent their report ond the unaudited financlai statements of the clwity for the y&gr ended
30 Sept¢mber 2020.
REFERENCK AND ADMINISTRATIVE DETAIts
Reglstereil ch4rlty
IEIAEduc4tional Trusr
Ch#rlty reglstr#tlon nwnber
326993
Prlrtclp￿ offiee
33-34 Devonshire Street
IA)ndDn
WIG 6PY
THE TRUSTEKS
W Jertc]JneE
N Mellor
D Sharp
(Retsred 31 Decemb￿2019)
IS¢rv¢d from I Sanvary 2020 to 31
Dccc]nb¢r 20201
(Served from 6 Febrnary 2020 to E6
Novetnber 20201
D Warr
I GJoncs
JndeptlldttTrtex&nMner
M VJnni8 ACA, ACCA
Num¢rir House
98 Station Road
Sidcup
Kent
DA157BY
srRUCTURE, GOVERNANCE AND MANAGEMENI
The Trust governing document is in the folln of a Deed ￿ade OD 30 Ociober 1985. The Tnjstees are appoittted
by virtUB of the afficB they hold with LEIA. b￿t ntcd not to bc rcslAcicd to office holders. The Offic￿ bc53)g
President. Past-President atLd Managing DirwtOT, suGh appoint[￿￿15 b¢ing tn8de at the As$ociatiorts Annual
General Meeting.
TTusiees are drawrL from the Association's Board and ha￿ experience itl fulfilling thcir obligations and will have
reccived regular reFK)rts on Th￿1 activity. In ordeT In illCFBase awaTBnests of Ihtir re8ponsibtJitics Trustee's
attention is periodic811y drawn to the Clwiiy conu￿ls$10Jj publication cntitled The Ess¢ntial Tru5tc6'.
The T￿￿1 Manager has access to a wide rdnEe of exr*rtise that exists withill thc fraEn6WOtk of th¢ Asso¢iatiotk
ILEIAI. th¢ Manager repoTts to the A55ociation's MaDaBÈng Director wha 18 a t￿￿tyL. Trust activity 18 ovcrsceTr
by the Tn]stees io whom the Mallaging Direclorltrustee reports at meetings whicb place thT¢¢ litnBs a ￿ar.

LEIA EDUCATIONAL TRUST
TRIJSTEES, LYNUAL REPORT(¢*nhrttséd)
YEAR ENDED 30 SEPTEMBER 2020
OBJECTIVKS AND ACfiv￿IEs
The objectives of thc Trust gre ihe upholding aDd developments of $tartdgrdB of ¢ducation, trainiTLg and
competence for those working within, or co[￿ec[ed th¢ lift and escalator industry and the promoitott (jf sllch
s10nd￿ds I￿ the interests of employees a]M] thE public at large
tty 5rlting out the Thist's objectives the Th￿te¢S have gtveA c&rcfuI Consideratioll to the Charity CommÉssion's
g¢neraI guidance on publie benefit. Not only the etthaJJcertMt of knoWI￿ge and expertise buL 21so with regard
to safe use of products and e8pecia]ly in pioviding gutdance to assist owntr% ill guiding th¢ publxc iTr general.
Certain copies of this guidanee is now ayailablc on thc Association's website and there are plans for this io be
further developed.
The Tnjxts rts2in activitie5. COD8iStent WAth the furth¢raucc of its objectives. fallijllo IWO PTin¢ipal arw.'_
MaMa8Bment of education through Disiance Ikarlling, a course run by the ￿tA Educaiional TN$t - thi8 can
inw)Ive up to 300 sllJdeLts itt any wadtmic ycar.
Th¢ d¢v¢lopment and managenJent of traaning tI￿Oll8h Qllaltfication CTedit Framcwork (Qc￿ developed
spectfically for the lift and escalator iJJdustry in ¢oxajusKtiorL wilh the Educalion Achievement and L¢arning IE4L
Ltd).
ACHIEVEf¥iENTS AF4D PERFORMANCE
Thi5 yBar bas been particularly chall¢nging for both the Trust and learners owillg to the COVID-19 pattdemic.
There are Ihree intÈke$ for Distance t*arning course& y¢as- in January. May and September. A v¢ry bigh
level of upt&ke was seen in May and ajso Scptcmb6r a8 lcarners acce88ed our dIst￿Ce learnI￿g provision. We
w￿e able to support thi5 d¢rnand and to innovate ways lo deliver end-tests away from a tradt(iona]ly invigilai¢d
¢nd-Ée8t at a test centre.
FolltswAthg thc revision of the LEIA Ds$tanr¢ L¢￿illg unit "IRtrI)ducuon io Lift Te¢hnology" work has been
ongoing on revisiojk of th¢ unit FundameIJtals of Lift TctholDgy'. IEtA Di¥ta2)ce I￿￿1￿8 Units h2v¢ bte
modifJ¢d Anto an on-linc fo[ll￿t for dclivery and as5¢Esrnent.
I the tollr5es, Di51aDce tkarnillg and NVQ for whirh th6 TNst hag rEsponsibility satisfy llLtionally e8tabli8hed
criteria &nd are sttucNred to varyitig 16v6ls of achievement ill order to ￿tel wxde range and Deed. They are
availablt to all who may bc AThtcr&8led and guidallce is availabl¢ through the Tn2st or in cas6 of acad¢]nic sthdy
the Uniy￿siry of Northompton.
Thereserves at 30 September 2020 a]nO￿Trted to £451,411 {2019.. 456,7421
The adequ&cy of the reserve$ poliGy 15 revi¢weil annually.
PLANS FORFtriuBE PFRIODS
At the end of the year, we weTe in di5CU5sion with the University of Northampton over tho development of new
DAstgn¢¢ L£#tning units aimed at 8UPPOrtirtg the futttteneeds of learneTS ¢hToughout the industry.

LEIA EDUCATIONAL TRUST
TRUSTEKS, ANNUAL REPORT l¢¢inllNlled)
YEAR ELYD£D 30 SEpfEMBER 2020
3010312021
The trutstCCS' aT￿Ual TBPOrt was approved on.............................. and signed orL behalf of the bDaTd of truste¢s by..
W Jcnchller
T￿stee

LEIA EDUCATIONAL TRUST
]NDEPENDENT EXAIM1Tr4ER'S REPORT TO THE TRUSTEES
YEAR ENDED 30 SEPTEMBER 2020
I report to the trusler4 on my cxatninatiott of the fu]anLiil st&t6ments of LEIA Educational Trnst I'the charity? for
the ycar ended 30 septemb￿ 2020.
RESPONSIBILITIFS Af4D BASIS OF REPORT
As thB Gh￿ity trustees of the Thist you are responsible for the preparation of the a¢¢ounl$ ATL icrordan¢¢ with th¢
requiren￿llts of the Charities Act 201I ('(he Act.).
INDEPENDENT EXAMINER'S STATEMENT
I have compl¥led my ex*miEJatioL. I cottfllyn that no material matteES have come to my attention in coM￿tion
with the examinatiou giving Tne cause to believe thatin any nTrater￿al respect..
. accounting rccord5 wer¢ notkept in respect of the Tn]st as required by se¢tion 130 of the A¢L- or
2. th¢ accounts do not accord with those records., or
3. th¢ acc£kunt8 do Not comply wilh the app]icable requirements concernitig the fonts aad ¢ont¢nl of
accounts sct out tht ChdritiLs {ActollntS 8n(S Rep<>￿} Regulalioiis 2008 other thao any requirement that
the accounts give a 'ttuc alld tasr view which is not a mauer considered as port of au A￿deF¢￿(}ertt
examination.
I have E)0 concerns alld have come acmss Lo other maiiets in cortnettion with the eAafftitMtion to Mthich attention
shauld be drawn ID this report in order to ellable a proper ullderstattdittg of the accounL8 to be re2ched.
M Finni8 ACA, ACCA
Indcpcndcnt Bxatjiner
Numcric Housc
98 Station Road
Sidcup
Kent
DA15 7BY
30 March 2021

LEIA EDUCATIONAL TRUST
STATEMENT or F￿ANcthL ACltvrrILs
YEAR ENDED 30 SEIryEMBER 2020
2020
unT￿trIcted
fi]nds Totsl funds
2019
TotBI fllnds
Note
tnconw and endowments
DonatsDns and Itgacies
Charitabl¢ activities
vestments
89,392
94,669
I,oJ6
96.720
621
96,720
621
Total ineojlle
97,341
97,341
185,fJ67
xp¢ndlture
Expenditure on charitable actlVAiies
Total &￿enditUre
Iir2,672
101072
83,432
Eir2,672
102,672
83.432
Net (expenditure)fJncome nctmowement in
{5,331}
15,3311
101.635
ReconcillAtton of funds
Total fuKhd$ brought forwsrd
Total t￿￿$ earrfed forward
456,742
456,742
451.411
355.107
451,411
450.742
The stsiement of fJn8ttcial aciiviiie8 xncludes a]1 gattis ajjd losses recog￿lsed in the year.
All income and expenditure derive frDm continuing activiti¢s.
The not£5 on pages7 to 11 form part ofthese finandal statements.

LEIA EDUCATIONAL TRUST
STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2020
2020
2019
Notv
CURRENT ASSETS
Debtors
Cash at bank and An lthnd
12
17,206
5114,300
521,506
18,970
461.700
480,670
CREDTIORS: amounts dlle wlthln one year
NET CURRENfASSETS
70,0gS
23.928
451,411
451,411
456,742
456.742
TOTAL LSSETS LESS CURRENT LIABILrriEs
NET Ass￿r8
451,411
456.742
FUNDS OF THE CHARITY
Unrc3tricled fund5
451,411
451,411
456.742
Total ¢h#rity
15
456.742
3010312021
Th¢5¢ financial 5tat¢Tn¢nts wBr¢ approv¢d by ths board of trttstees attd authoristd for issue on .........................
and signed on behalf of th¢ board by..
W Jenc
Trustee
Nmel
Th]stee
The thijtes pages 7 lo 11 form part of thesè fIn￿£1￿] sthtements.

LEIA EDUCATIONAL TRUST
NO'ILS TO THE FINthCIAL SIATEMRNTS
YEAR ENDED 30 SEpfEMBER2020
Ceneral information
The ch￿lty 15 a pub]ic bBThefit entity al￿ a re8isltted charity ID England Wales attd is uKtncorporated.
The address of the wincipal offict is 33-34 Dcvollshit¢ Street. Lo]Mtoll. WEG 6PY.
StateLwi¢ of ¢oJnpllAnce
Th￿ fin￿￿181 sratements have been prepared in coThpbgnr¢ with FRS 102. 'The Financial Reportitlg
Standard applicabl¢ sn the UK alld the Repub]ic of treLItLd', the St&te]n6nt of Recommended Practice
appli¢able 10 eharkties prepariug their accounts Sn accDrdance with the Financial Rcporting Staud8rd
applicable ill thr UK Roub]ic of Ireland IFRS 1021 (Charities SORP IFRS 1021} l￿d the Ch￿ltieS Act
2011.
Accounting pollcles
B&sis of preparatlon
The fitttncial slatemeJit8 have bwi PTepared the bislorical tost basis, a8 modified by the reYtIuation of
certain financÉal and liabilities and invests￿ent propertLes Dieasui¢d at fair value tbrough iDCOme or
Exp¢nditllre.
fiThaocial statements prepaT¢d in steTling, which is the fiLnctiOD81 cu￿rKY of the ￿t1¢y.
Going eon¢¢rn
TI￿e are no n)alerial uncertainties about the chattty's ability (e cuntinue.
JTtdg¥ments and key sourees of estim*tioD uncertthty
There are tto stgnificaDt e%till￿t¢S DT assu￿ptions made that have a sigoificant risk tsf tausing a maierial
adjustrnt to the carrying atnouttts of assets liabiJits¢s within th¢ next financial year.
UrLre5tri¢ted ful￿$ represeni the funds of LEIA Edu¢aiional TtU$L that are not subject to any r¢5trictions
regarding their use and are readily availablB for app]icatiott on th6 g¢ncral puryos¢s of th¢ Tn￿1.

LEIA EDUCATIONAL TRUST
NOTES TO THK FtNANCIAL STATEMENTS IcDHliRtsed)
YIQAR ENDED 30 SEpfEMBER 2020
Atcountlng policles (efrrttlrtutd)
tn¢ome from eh&rtthble &etiviti&s
Income from charitable activiti¢s ar¢ rxognised onte ihe has entidement to the rc80ure¢5. it is
6rtain that the resour¢es WAII be re￿Ved *Jd the JnoLetary vaIue of incoming resources can be llLeasurcd
with sufficient reliability.
DDnatloMs legaeÈes
Donations arc t¢cogDi8cd sn th¢ acc04Ents when the charity bas been netified of the atnount aELd the dat¢ the
donation will b¢ re¢eiv¢d, this is nonjjally wben a donation 18 rcceived in the PDSI or TecBived intD the
charity bank account.
tLgacic8 are recog)￿Sed on a Ca￿ by case basis followirtg notification of the executor's intelltion to make a
di5tributivn. A legacy, in whole or in part, És only recognised in the aceounis when receipt is considered
probable and whcTr th¢ a￿ount Gan be ]neasuTed Idtably by the charity. Where legacie8 havc bren notified
lo the chatityy or the charity is &warc of the grallting of PEobate. and the ciiieria for income recogJJition
have notbe¢n mel then the Irgacy is treat¢d a6 & ¢ontirtgent asset attd disclosed if illaterial.
Expendithre on chaTitable Y4ctivities
Expenditurc on Ch￿7t￿ble aclAvitics is accounted lor on att accnt&ls basis atld ha8 been classified uThder
headings Ihat a¥LTrcgate alL Costs relatcd to the activiry. LiabsJit1¢5 ar¢ recognised as reSOu￿eS expended
where therc is Y¢ legal 01 construGliv6 obllgation cDtThtnitting Ihc char&ty to the oxpenditure.
Covcrnance costs
Governance c05ts prc th¢ costs that i¢lat¢ lo the general n]JJning of the trust, as oppo%ed to those tosts
associated wilh Ilje strntegic. as opp08ed to day-to-day, ]ngnag¢m¢nt of the wi's activities.
Flnanclal tnstrun*ttts
The Ttust only has financial assets and f￿alL¢l&l liabAlitses of a kind thai qualify as basic financihL
instrun￿llts. Basic fiuanrial in*ttumekl$ are initially reCog￿iSed at tra05aclioTr Yalue and subseouenily
me&8ured at their settl¢n￿￿t valLK.
Donatlons leggcIes
Unr¢5¢¥icted Totsl Funds Unrestrict¢d Total Fun(L8
Funds
2020
Funds
2019
OTHER DONATIONS AF4D LEGACIES
WorkslK>P activitie5
NVQ fr)nding
LEIA Dottation
12.059
17.333
60.000
12,059
17,335
60,1)00
89,392
89,392

LEIA EDUCATIONAL TRUST
NOT&S TO FtNANClAL STATEMENTs{¢oJpli￿ue￿)
YEAR ENDED 30 SEwfEMBER 2020
Ch&ritAble aetiTities
Un¥estrictcd Total Fullds Unrestricted Total Funds
Futtd$
Funds
2019
Enrolmen¢ distanct leattiing
Sale of publications
NAEC royalti&8
87,416
9,072
232
87,416
9,072
232
72,564
22,105
72.564
22,105
96.720
90,720
94,669
94.669
InveStn￿nts
Unrestricted Tot91 Funds
Funds
2020
Ut]resiricted Total Funds
Funds
2019
Deposit ￿t0￿￿1 ittietest
621
621
1,006
Expenditiire OD charitable F4Ctiviti
A¢tivA¢ies
UJMJcrlaken
di￿¢t1Y Support wsts
Total
Total fund
2019
2020
L¢attLing coutS¢S
Governance costs
99,911
99,911
2,761
102.672
81,207
2,225
2,761
99,911
2.761
83,432
Analysis of support tosts
tndepeJJdeLt
exaJ]itLeEs fee
Total 2020
Tot812019
Governance costs
2.761
2,761
2,225
tndependent exajnlnatlon feeB
2020
2019
Fees payable io the independent examincr for..
IndepeTrdBllt eLgU￿￿tion of ihe financia] statements
2.761
2.225
10. Staft costs and emolwnents partlcujgrs of ¢mployee8
Th¢ total staff c05ts and employee benefits forthe reporting period are st￿YSed a8 follows..
2020
2019
Wages and Sai￿]eS
88,908
59,317

LEIA EDUCATIONAL TRUST
NOTES TO THE FINANCIAL STATEMENTS I¢0th￿Id)
YEAR 30 SEvfEMBER 2020
111. St#ffcosts and emol¥Jments partieulars of employees
The 2verage hea(1 coullt of employees duriDg the Ye￿ was 212019.. 2}. The averagE ttumber of thll-tlme
equivalent employees during the year18 analysed as follows..
2020
No.
2019
Ma￿&Sement alld ddmioi$tr4ti0Th staff
N(p Gmploy¢¢ r¢c¢ived ¢TnployeB b¢ucfits Df thaTl£60,O￿ duritkg the year (2019.. Nil).
11. Tru5t¢¢ remuneration and expen5e5
NoTrB of th¢ trU51¢¢5 have be6n p?i(f ￿n￿neration orhas re￿IVed otller bcnefLts from the Trust.
No truslc¢ ¢xprn6¢5 hav¢ bEcn incurred d￿l￿g the ycar.
11 Debtors
2020
2019
Tr&d¢ d¢blors
173Q6
18,970
13. Credltors: anwunts falling due within one year
2020
2019
Trade creditor$
Accruals aJLd defe￿ed it￿0￿e
Other ¢redi¢ors
32,980
37,115
334
25,485
109
70.095
23,928
Deferred It￿Orne relat¢s to enrollmenls for the next fL2Jancial year.
14. Deferred knme
2020
2019
At l October2019
20,523
(20,523)
35,051
35,051
31,735
131,7351
20,523
Amuunt iele3sed ￿ i]￿0￿e
Amount defe￿ed year
At 30 Septtmber 2020
20.523
io

LEIA EDUCATIONAL TRUST
NOTKS TO THE FINANCIAL STATEMENTS1¢oKtiiJMed)
YEAR EF4DED 30 SEPTEMBER 2020
15. Analysis of charitable fund&
Unrestrlcted fullds
At
30September
2020
At
I OGtober 2019
Expcndi(urc
456,742
97.341
1102,6721
451,411
At
30 Septtmber 2
019
At
I OGtober 2018
Inct)Tne
EKpellditure
Gctteral funds
355,107
185,067
(83.4321
456.742
16. Anglysts of net a&%ets between flthds
Untcstiicted Total F￿ndS
Fut05
2020
Curyent Assets
Creditors less thao l y
Net assets
521.506
170,0951
451,411
S21￿(j6
170,095)
451,411
U￿￿estricted Total Funds
Funds
2019
Currtnt Assets
Creditl)TS less than l year
Net asstLg
480,670
(23,928}
456,742
480,670
(25.92￿)
450,742
17. Flnon¢lal in5trwnents
The carrying amount for each calegory of f]Dancial instrument is hs ftFIIows.'
2019
Financial assets at fair value through irttorne expenditure
Thxde debtors
17,206
18,970
Fan&ncSal liabllitie$ rne￿llred at f&ir vallle througb income And expendlturc
Trade creditors
32.980
334
li