2021-06-30-accounts - Lite Limited

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			Page
Report ofthe Trustees		I	to	2
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		6	to	11

			2021	2020
			Unrestricted	Total
			fund	funds
		Notes	f,
INCOME AND ENDOWMENTS FROM
Charitable activities
Learning and skills Training fees			269,456 12,784	294,703 20,659
Investment income			3	29
Other income			2,662	10,162
Total			284,905	325,553
EXPENDITURE ON
Charitable activities
Learning and skills			259,209	287,767
NKT INCOME			25,696	37,786
RECONCILIATION	OF FUNDS
Total funds brought	forward		57,552	19,766
TOTAL FUNDS CARRIED FORWARD			83,248	57,552

INVESTMKNT	INCOME
							2021	2020
Deposit account	interest							29
All the investment	income in the		previous	year related to unrestricted		funds.
INCOME FROM CHARITABLE ACTIVITIES
							2021	2020
			Activity
Skills Funding Agency			Learning		and skills		269,456	294,703
Other income			Training		fees		12,784	20,659
							282,240	315,362
All the charitable	activities	in the	previous		year related to unrestricted	funds.
OTHER INCOME
							2021	2020
St Helens MBC							2,662	2,662
Covid-19 Business Support		grant						7,500
							2,662	10,162

			Direct	Support
			Costs f.	costsf	Totals f,
Learning	and	skills	212,443	46,766	259,209

							2021	2020
Depreciation - owned	assets						2,697	3,021
Other operating leases							154	413
TRUSTEES' REMUNERATION			AND BENEFITS
STAFF COSTS
							2021	2020
Wages and salaries							151,416	173,753
Social security costs							9,823	10,527
Other pension costs							8,548	8,630
							169,787	192,910
The average monthly	number ofemployees			during the year was	as follows:
							2021	2020
Learning and skills							7	9
The number ofemployees		whose employee		benefits (excluding	employer pension		costs) exceeded f60,000was:
							2021	2020
f60,001 - f70,000							I	I
The total remuneration	paid in respect ofthe charity's key management					personnel	was f63,164(2020 —f62,164).

TANGIBLK FIXED	AS	SETS
				Fixtures
				and	Computer
				fittings	equipment	Totals
				f.	f.
COST
At 1 July 2020				29,046	34,836	63,882
Additions					3,687	3,687
At 30June 2021				29,046	38,523	67,569
DEPRECIATION
At 1 July 2020				28,306	26,879	55,185
Charge for year				111	2,586	2,697
At 30June 2021				28,417	29,465	57,882
NKT BOOKVALUE
At 30June 2021				629	9,058	9,687
At 30June 2020				740	7,957	8,697
DEBTORS:AMOUNTS		FALLING DUK WITHIN ONE YEAR
					2021	2020
						f.
Trade debtors					59,787	23,773
Other debtors					1,749	1,749
Social security and othertaxes						1,001
Prepayments					2,742	3,041
					64,278	29,564
CREDITORS: AMOUNTS FALLING DUK			WITHIN	ONK YEAR
					2021	2020
						f.
Trade creditors					3,060
Social security and other		taxes			1,183
Accruals and deferred	income				31,152	32,405
					35,395	32,405
LEASING AGREEMKNTS
Minimum lease payments		under non-cancellable	operating	leases fall due as follows'.
					2021	2020
					f.
Within one year					2,540
Between one and five	years					7,620
					2,540	7,620