REGISTERED COMPANI, NU￿[BER. 0182RI 251England and IIY4les)
REGISTERED CHARITY NUMBER: 7￿17]
REPORT OF THE TRUSTEES AND
UNAUDITED FIIYALYCIAL STATEIIIEIYTS
FOR THE YEAR ENDED.10 JUNE 2024
FOR
LITE LIMITED

LITE LIMtTED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Page
Report of the Trustees
Independent Examlner'g Report
Statemen¢ of Financial Actii'ities
B414ni'e Skneet
Not¢8 to th¢ Financial S¢al¢ments

LITE LIMtTED (REGISTERED NUMBER: 01828125)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
The trnisiees who are also direLtorb ol- Ihe charity lor ihe piityoses Df the Coinpanies ALI 2006, preseiit theii repoTI wilh the tinai)Lial suiien)ei)ts
ol-the charity lor ihe ye&r elided 30 June 2024. The trustees have adopted the provisions ot Accounliiig aiid Reporting by Charities: Statem￿￿ T of
Recommended Pr8clice applicable lo chariiies pr¢pariiig their accounis in accordance with the Finaneial Reporiing Slandard applicable in ihe
UK and Republic of Ireland (FRS 102) (eftective l JanLiary 2019).
OKIECTIVES AND AcfiviTIES
Objectlves and ￿1￿$
The cliari15"s objecis and principal abllvity coiiiinues ro be 10 adi'aNe the educaiion and Ii'aining of young persons, in palliciilar siudents wlio are
workiiig in. or Iiope to tind en)ploymenl in tlie fields of i'eterinary nursing and animal caie, recreation aiid relared leislire indiistries by providiiig
vocaiional training. There have beeii no n)atei'ial changes in the objects or policies during tlie year.
In planning our acti%'ilies for the yeai. we kepi in mii)d the Chai'ily Con)missioner's guidance oli public beiiefil and ihe fruslees coi)sider thai this
is iiiel> giveii ili¢ iiiaiii piii-poses of (lie cliai ity as set oiit above.
ACHIEVEMENT AND PERFORMANCE
Achievements and performfince
t)uring ihc 202312024 EdiiLaiioi) ai)d Skills Fundiii¥ Agcncy ConiruLI ycar, Il)c chJriiy showcd a dLclii)c in nlimbers duc lo a high i)un)bcr of
carly complctcrs hut wlio had not yci iakcn tlicir tinal cxams This Icft tlic tigurc ot L31,000 tiid up with Vct*kill. aiid rhc charity not in a position
lo rcccivc Ihc acl)icvcincnl payn)ci)l iinlil thc to110￿.111¥ finai)¥ial ycar. Also Ihc nalurc of thc qualificaiion bciiig a l ycar cyclc w11crc ci'ci'y 2
ycars wc liavc thc f¥i¢ility io t¥lk¢ an ¢xtra ¢oliort ￿.171(17 eaiiscs ih¢ figiircs to bc disproporrionatc ¢vcry ¢oiipl¢ of ycars.
Th¢ c1pprciiticcship ov¢rall succcss ratc Wils 86.29 10. QXCLcding our Ji)nual t4irg¢t of 80110. Wc arc continLiing a sii)all ¢oliort of Icvcl 2 do¥
grooiiiing apprcntlccs and ￿.111 nionilor succcss of this prograinmc.
We currcnily do not havc o cohort of Animal Care appr¢iiiiecs dLlC 10 the siondard% being rc writicn and w'e arc wthiiing 011 the opprovol bcforc
offcring this apprciiliccship Agaiii. Again Il)is ivill iiiip.lct Posllivcly on tumrc incoinc.
FINANCIAL REVIEW
Vnre5tricled FU￿d5
Appreiilices Hre on uiipr¢i)tic¢¥liip ¥tund4irdt> which hats r¢sult¢d in M￿l￿tkIll71n￿l ihe l¢vel of income from lh¢ ESFA. maintainiiiu th¢ l¢iJ¢l ol
Exuniinutii)n u44c%.%niciit c(?%t4 iiicurr¢d. This 14 currently iiiider I'¢￿'1¢W iL% It ni)I bccii incrcuscd sinc¢ 2() l R Wc havc hdLI ci)nfirincltiiin
thlli this will b¢ inLreused hy £2,Q(Kl per dppreniiLe over th¢ L(>ur4¢ of iheir qualifiLali()n from the next ESFA tindnLial year.
Our expenditure ()n I￿1￿rie¥ ha.% inLredsed fiill()win¥ H pay rel'iew aiid als11 the 1)f a %eiii()r memher lif teaLhin¥ stdff whiLh nieant ti) dttf<l¢t
the he%t quality t¥ULhinsi %laff 41l'ailahle w'# needed t(} inLrea%e c)ur rmy L)ffer.
Mc)%t apprentlLe% arc ni)w w(Trrkingv wilh ¢mpl()yers wh() fiind the &ippr¢ntiL¢%hip thri)Iiyh thvir *pprenliL.¥sliip levy, tliis re4Lilt¥ in Lis b¥inb
much l¢%¥ d¢p¢nd¥iit ()n ESFA Lc)iilraLt4.
Investment powers ¥nd polli'y
Uiider the Meiiiorandum and ArtILI￿ of A%4uLldliun, the Lharily has the puw'er to ini'e%l in any Wdy the trustee% M'i%li.
Reservey policy
The tNi%t¢¢% have reviewed the Ch&rity'.% iieed tor reserv¥8 in liiie with guidaiice i%.%ued by th¢ Chariti¢% Comn)isgion ai)d hav¢ ii.%ued a detailed
re%erves poliLy. Reserves aiy needed to bridge the tundiiig gap4 beiween .%pendinbV on training dnd adInini4tration dnd i¥LeivingY I'unding trum the
EduLqlion and Skills Fundini7 AbYenLy. Reserves are also held to Lover possible einersTenLy repairs and renewals. The trLislees believe that iii
addition lo kiiown Loinmiiiiieiits. Ihere is a ne<xl lo hold ai leasi lour n)OL)Ih5 runiiing Losls in reser¥e. Hawing re(Tard lo the liquidily requirement5
Dl. operatingj the orgyaiiisalion tl)e trustee& hai'e Dperated a poliLy ol'keeping A￿aIlable lunds irt an interest bearii)g
depobil aCLounl alld seek lo aLhieve a rnle ot-depos11 interest whiLh nialLhes or exceeds ii)flalion as measured by the retail prices index. The
invesled tiindb Ii¢ld on deposit 8Lhie*e jubl tl)e low ii)leresi rates currei)Ily aiailable.
Tlie reserves poliLy slalemenl provides Ihai ihe IrLislees %¥ill prodiiLe ani)ually a delailed aiialysis of reseries, both reslricled and iinrestriLled
based on the accounts iiidicaling tl)e trustees inteiilioi)s witli regard to the u￿e ot those reseThes.
For rhe year ended 30 Jiiiie 2024, Ihis analysis revealb Ihai ol- lolal reserves or £63,457. L12.508 was held as tangible lixed asselb leaving
£50,959 as unreslri¢ied tunds. Tl)e Trustees ￿,111 conliniie io maintain their objective ol four months ruiining cosls for the next linaiicial year.
FUTURE PLANS
We will coiitinue lo sli'ive tor high apprenticeship 511cces5 rates and promote oiir services to new eniployei's. We plaii lo continiie to update our
leaniinbi resources over the con)ii)g year.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Goi'ernlng document
The cliarity is coiitrolled by ils goveniing docuiiiei)t, a deed of trust, and COJLStitules a liinited company, limited by guaranlee, as delined by the
Compaiiies Act 2006.
Page I

LITE LIMtTED (REGISTERED NUMBER: 01828125)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
The compaiiy is limited bv guarantee and has no share capital. Uiider Ilie terms ol. the Mernoraiiduin every Inember of die Co￿panY undertakes to
Lotlli'ibule lo the assets of the company, in the evei)l ol- being woiind lip ivhile ihey are a member, or uiithin one year atler they Lease lo be a
n)ember, for payment of debis and liabilities ot the company conlracied before rliey ceased to be a inember, and of the Costs, charges aiid
expenses ot winding lip, and tor ilie adjiislmenl ol. Ihe righis of the coiilributors amongst ilieiiiselves such anioiinl as may be reqiiired not
exeeediiig £10.
Re¢r￿ltment nnd Appolntmen¢ of Dew trustees
As s¢( out in the Articles ol- Associalioii the Iruslees are appointed by the rneinbers of the clijritable eoinpany aitending Ilie Annual General
Meeiing. The Chair ol. the board of irusiees is elected by Ihe rrusiees, All menibers are circulaied ii'iih invi￿lI0nS io notninaie Irusiees prior 10 Ihe
AGM adN'ising tliem of reiiring Irust-es and requesting nomiiiations loi. Ihe AGM.
Inductlon and Iralnlng ol neiv trustees
New (rlisiees uiider¥o an indiiciion lo brief then) 01) (heir legal obligalions under chai'iiy ai)d coimpany laNN', Ihe coiilenl ol. the Memorandun) aiid
Ai1icles of Associatioii. tlie coininiliee, aiid deiisioii-iiiakiiig pi-ocess, tlie busiiiess plaii aiid i-eLeiit fiiiaiicial peifoi-iiiaiice ot- Ili¢ cliaiity. Diiriiig
the iiyjuclion Ihey meet key ¢inploy¢es and oiher trustees. Trustees are ¢llcouraged io at¢a)d appropriate external Irainiiig events M'hei'e Iliese will
faciliiate the uiid¢rlaking of Il)e rol¢.
REFERENCE AND ADMINISTRATIVE DETAILS
Regislered Compan), nuinber
018281251 Eiigland and Walcsl
Rcgist¢r¢d Ch8ritv numbcr
700171
Re¥lslered office
3a Church Sir¢¢l
St H¢l¢nN
Mcrs¢y%ide
WAIII IBA
Tru8tee$
Mr R t) Shoplund-Reed
cOmpa￿Tr Sviretxry
Mr%.I Sh(Ipldtbd-R¢¢d
Independent Examlner
Mr Da¥'id Hudd BA FCA
Liveley Spolti%woud Ltd
Chartei'ed ALctsiinlantq
17 Georg¢ Sirc¢i
St H¥len.4
Merseyside
WAIO IDB
This report l)ÉiS been prepared in accordance with the special pro*isions ol. Parl 15 of (he Companies Act 2006 relating to small con)panies.
Approved by order of the board of iriistees on 26 March ?025 and Si￿1ed on its behall. by..
Mrs J Shopland-Reed - Secretary
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LITE LIMITED
Independent examlner's report to the trustees of Llte Llmlted {'the Company,)
I report to the Lharity trLislees on niy examination ol the accounts 01 the Coinpany for th2 year ended 30 June 2024.
Responslbllltle$ #nd basls of report
As ihe cliarily's Irustees ot ihe Conipany (Jiid also its directors tor the piirposes of company lawl you are responsible tor rhe p￿paratIOn ot the
accounts in accordance with the i'equiremenrs of the Cornp8Mies Ael 200b ('Ilie 200b Aci,).
Hai'in¥ saiislied illysell. that the accounts of the C.onipany are not required to be audited linder Part 16 of the 2000 Act aiid al'e eligible for
inde￿nden1 exaininalioi), I report in respect of Iny exan)in&lion Lif your cl)ariiy's aecounls as canied out undei. Section 145 of the C.harilies Aci
20 I I I'ilie 2U I l Act'l. lii catTyiiig out my exi( Iminalion I have followed the Directions given by the Charity Commission under Swlion 145151 Ibl
ol. Ihe 2011 Aci,
Independent exAmlner's sIAlement
Since your cliaTiIy'5 gros5 income exceeded £2$0,UUO }ioui' examiner mu51 be a n)eiiiber ol. a lisled body. I can confii'tn Ilial l ani qualified lo
Lindertake the examination because l ain a iiieimber of ihe Ii)siilule of Chartei'ed Accoui)(aiils li) Englai)d aiid Wales. ￿,hICh is one of the lisied
bodies.
I have complel¢d niy exajnination. l ¢oi)firni that no nialt¢rs11ove ¢oine to my atleiilion in ¢oiinection with Ihe examination giving Ine ¢aus¢ to
believe..
accounliiig rccords wcrc iiot kcpt in rcspcct of tl)c Company as rcquircd by Scctioii 386 of thc 2006 Act; or
thc accounts do not accord with Ihosc 1'ccords: or
the accounts do not ¢oniply witli thc accounting r¢quircin¢iits of S¢ction 396 of tlic 2006 Act othcr ihan ony rcquircimcni ihal th¢
¥ount5 giv¢ a truc gnd l.air View wl)ich is not a niatlLr coiisid¢rcd as Pilrt of an ind¢p¢ndil)t ¢xaininatioii.' or
thc accoullts havc not bccN prcpai'cd iii accordancc with thc wncthods aiid principlcs of tlic Stalciiicnt (Trf Rcc(TriNmcndcd Practic- for
nccoLilliii)g and rcporti¢)¥ by charities lopplicoblc to chorities preparing thcir TheCOLints in occoi'dancc with the Fiiiaiicial Rcporting
St8ndard applicRblc in th¢ UK aiid Rcpublic of Ir¢laiid (FRS 10211.
I hdV¢ iio conccrns dnd hdl'e coine acro%s no otlier iiiatl¢r) in c(Inne¢lion with ih¢ exarnination to whi¢h utteiition should be drawn in thi¥ report
in ordcr t(Tr ¢llablc ¢1 pfoiicT uiiJcrbtanding of tli¢ ac¢ount5 to be reach¢Li.
Mr Dai'id Hudd BA FCA
Liveley Spulti%woud Ltd
Chartered ALctsiinlantq
17 Georg¢ Sirc¢i
St H¥len.4
Merseyside
WAIO IDB
26 Marcl) 2025
Page 3

LITE LIMtTED
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPEP4DITURE ACCOUNT)
Tr'OK'I'HL YLAK LNDLD 311 JUtYL 2024
2024
Uni'eslricied
rund
2023
Tott]I
funds
Notes
INCOME AND ENDOITrMENTS FROM
Charitable aetli'itles
Leai'iiing and ski118
Trainii)gy lees
337,441
22,706
361,464
16,556
It)v¢stinent incoine
Other iliLome
TotAI
218
234
2,662
380,916
362.936
EXPEf4DITURE ON
Charitmble activities
Leui'iiin¥ dn(14kill
42fi 841
374,745
NET INCOIVAEI(EXPELYDITUREI
(63,905)
6.171
RECONCILIATION OF FUNDS
Total 1.unds broiight forwai'd
127.362
TOTAL FUNDS CARRIED FORWARD
1273A2
The noies lonn part ol. thebe Iinancial statements
Page 4

LITE LIMtTED (REGISTERED NUMBER: 01828125)
BALANCE SHEET
30JUNE 2024
2024
Uni'estricted
rund
2023
Total
tunds
Notes
FIXED ASSETS
Tangible assets
io
12.508
17,706
CURREiYf ASSETS
D¢biors
Lash ai baiik and in hand
0￿,2¥￿
4.147
64.427
44,225
73,750
117,975
CREDITORS
Aniounls lalling due wirhin one year
12
(11.4711)
18,319)
NETCURRENT ASSETS
109656
TOTAL ASSETS LKSS CURRENT LIABILITIES
63,457
127,362
NET AS.SETS
FUNDS
Unresiricled tunds
TOTAL FUNDS
1273fi2
14
()3 457
127.362
127362
'I'he cliarilable Loiiipany ib entiiled io exempiion trom audii linder Seclion 477 ol. Ilie Lompanies Act 2UU6 lor ihe year ended 3U lune 2U24.
The n)einbers ha￿e not reqiiired the eoinpany to obtaii) an audit of its Iinaneial statemenis for the yeai. ended 10 June 2024 iii accordance with
Section 476 of the Coimpanies Aci 2006.
The Irlislees a¥knowl¢dge Ih¢ir respoiisibililies foi.
la}
ensui'inLT Iliat Ilie cliarilable Lonipany keeps accountiiig records tliat coinply willi Sections 386 and .387 01. Ihe Coinpanies Aci 2006 and
Ibl
prepi1riiig financial slK1temenis which give a (rue aiid fair view of tlie siale of al'fairs ot the eliarilable coinpany as al the end of each
Ilnancial year and of ils surplus or delicit for eacli flnancial year in accordance willi tlie requirements of Seciions 3Y4 and .395 and
l)icli Diliei'wise comply wilh the reouireinenis ol. the Coimpanies Aci 2006 relaiing to finaiicial s¢aleinenls, so lar as applicable 10 ihe
charitable coiilpany.
These financial stalenieiils l)ave been prepai'ed iii accordaiice with the provisions applicable lo charitable coinpanies subject to (he sniall
coiiipaiiie5 1 egiiiie.
The fiiiancial slalanenls were approved by Ilie Board of Trustees aiid auihorised lor iSSLie on 2(Tr March 2U25 and were signed on ils behalf by..
Mr R D Shopland-R¢¢d - Trust¢c
The noies lonn part ol. thebe Iinancial statements
Page 5

LITE LIMtTED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
STATUTORY INFORNIATION
Liie Liiniied is 8 charitable coinpjiiy. limited by guarantee and has no share capital and is regisTered in England and Wales. The
compaiiy's regisT¢red niimber Ji)d regisl¢red ot'lice address can b¢ lound in Ilie Report ot. Ihe Truste¢s.
The presentation currency of the tiiiallcial sthteinenls is in Il)e Pound SleTling (11.
Accouf4TING POLICIES
Basis of prep8rlng the fiD*nclal statements
The fiiiancial 51alemenls of the cliarilable compaiiy, which is a public beiielit enlily uiider FRS IU? hai'e been prepared iii accordance
with the Chari(ies SORP IFRS IU2 i 'Aciouniing a1)d Repoi'li1)g by Chariiies.. Siatemeii( of Reiommended Pi'aclice applicable lo
cl)aiitl¢S Pl¢P&11 iiig (li¢ii- ac¥ouiits iii ac¥oi-dai)¥¢ witl) tlle Fiiiaiici&il Rei)oitiiig Stai)dai-d applicable iii rlie UK aiid Repiiblic of Iielaiid
IFRS IU2) leftecliN'e l Jaiiuary 2015),, Fiiiancial Reporting Standard 102 'The Financigl Reporting Siai)dard applicable in Ilie UK and
Republi¢ of Ireland. and Ilie C'ompani¢s A¢1 20(kn. The fjiiaii¢ial staleiii¢iits have b¢¢n prepared uiid¢r ihe Iiistori¢al cos( knoniw¢i}iioi).
Thc si¥nificanl accounting policics appliLd in ilic preparaiion of Ihcsc financial stslciments arc scl oui bclow. Thcsc policics haic bccn
consisiciitly applicd to all y￿ar5 prcscntcd iinlcss otlicrnvisc statcd.
Incomc
All iiiconiii)g resour¢c8 ar¢ incliidcd ill tlic Stat¢nioni ot Financiol Activitics wth¢n tho cliority 18 Icgally cntitlcd to thc in¢omc aft¢r any
pcrforniaiicc coiidilion.s hakc bccll iTrct, thc 4Jmoun15 can bc nicasurcd I'cliably and it is probablc that ihc inconic will bc rcccivcd.
Ii)comiiig rcsouyccs ai'isc primarily fi'oin thc provision ot l¢ai'ni11g and training.
Iiicome from governinent unLI other gruiit%. wlieih¢r '¢apitdl' graiits or 'revenue' grunl%, is I'ecogiiibeii when ih¢ ¢hui'ity licls ¢lltitl¢iiient to
thc funds. dlly pcrfoTmdnCe conditlQfbb dtlach¢d to thc ¥rdllts hdV¢ b¢¢n mct, it 1% probdbl¢ tl)at ilic inconi¢ will b¢ rec¢iv¢d dnd ih¢
<iJnounl ran b¢ rn¢abured r¢liubly.
Iiiter¢%t ()n depii%it llL¢ibuni fund4 held 1.4 in¢liid¢d when reLeivahle 'inil the ami)unl Llln be m¢a%Lired r¢liably hy the Lharity whiLh is
nornially iipon notifiLalil)li i)f ili¢ iiil¢Te%t Pdid or payabl¢ by the hank..
Expvnditiir¢
Liabiliii¥% r¢LI)¥nits¢d eApenLlitur¢ a4 Y)on th¢i'e li d legul i)r Li)nstruLtive obligi&lion Lommitlirbg the Ll)drity ti) Ihut ¢xpendilure,
it is pn)bdbl¢ thdt a ti'ansf¥r of ¥L(Trll(?IniL b¢n¢fils will k r¢quir¥d in %¢til¢in¢nt diid ih¥ ￿MI?111)I 1)r tli¢ obli¥¢iliori Ldli b¢ m¥dsur¢d
reliablv. Expenditure is ilLLountecl for uii an dLLfiidl.4 ba.41% dnd has been Lld%%ified unLlei' headinbis thar ti¥gire¥dte all Lu%1 reldted to the
Lateb?ory. Where LU4t4 Lannvt be direLtly atlributed tu PdrliLulai' lieadin¥i% ihey hdve been alloLdled io aLtivilie% oli d ba.%i% Lun%i4tent
with the u.%e uf re4uurLe¥.
All()call￿n #nd apportionment fjf c09t
C.04t% are dlloLat¢d accordinck lo the natiire ol. the Lo.qt. Wliere items ii)volved more thali one Ldtegory they are dPPOrtioned between tlie
Lategories aLLordiniT lu tlie nÉ2ture ot. the Lost.
Detailed aiialysis ot. the alloLatiun ot L05tS is g7iven in note 6 01. tlie aLLDunls.
Tangible fixed assets
Depreciation is provided at the lollo1vin￿ annual rates in order lo write oft. eaLh abset oiler its estiinated useful lite.
Fixtureb and titliiigs
Computer eqLiipineiil
15V/o Ot) reducing blllanLe
20Vln on LOS(
Taxatlon
The charity is exempt from corporation tax on its charitable actLVities.
Fund Aceountlng
Unre8trict¢d fiinds can be Uied in accordaM¢e with Ilie chaTilable objectives al the diser¢lion ot- the Iruslees.
Resiricted funds can only be iised for particulaT restricted puiyoses ￿'Ithin the objects of the chariiy. Restrictions arise when specified by
the donor or when funds are raised tor particiilar restricted purposes.
Page 6
coniinued...

LITE LIMtTED
OTES TO THE FINAIYCIAL STATEMENTS- eonllnued
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTtNG POLICIES - £ontlNued
gceountlng
All tiinds lor the curreni and previoiis year i¥ere unreslricied.
Furtlier explaiiation of the nature aiid purpose of eacli fuiid is included in the notes lo the Iinancial statements.
Hlre purchase and leaslng eommltments
Reiitals paid uiider opera(iMg leases are charged io (he Siaiemeni of Financial Aciiviiies on a siraighi line basis over ihe peTiod of ihe
lease.
Penslon costs and other post-retirement benefit5
Wheii employees have rendered setViLe lo rhe compai)y, sliorl-lerm einployee benetils lo whicli the eii)ployees are ei)liiled are
i-ecogiiised 1£ t (lie uiidisLQLlllted 7¢ liiOUlIt expected to be paid iii ¢x¥liaiig¢ for tl)at servile.
The coinpany operales defiii¢d conlribLilion plai￿ foff the kiietil of its eiJ)ployees. Conlribiitions are exp¢nsed gs they become payable.
DebtOTslcredilors
Both l)cbtors and C'rLditors arc includcd in thc fiiiancial statLiiicnts at trat)sactional valuc.
Going conccrn
Tlio trustccs coiisid¢r tliat tliorc ar¢ no iiiutcrial unc¢rtginties abolil thc ability ot Lit¢ Liimitcd to ¢ontinuc as a going ¢onc¢ri).
INVESTMENT INCOME
2024
2023
D¢posit u¢¢ounl int¢re5t
2181
234
All thc invcstniciit ii)¢om¢ in thc prcvious y¢or r¢lotcd to unrcslri¢tcd funds.
INCOME FROM CHARITABLE ACTIVITIES
21124
2023
Activiry
Learniiig Jn¢J ski114
Training fee%
Skills FLindiiib7 Agency
Other iiic()me
337,441
22,7nfi
360 147
361,464
16.556
378 1120
All the chai'itabl¢ acliviti¢b in th¢ pre￿Iou￿ y¢ar relat¢d to unrestricted fuii(Ls.
OTHER INCOME
21124
2(J23
St Helen% MBC
2.571
Th¢ i11ft>m¢ froin St Helenb MBC r¢late% to SOTh/o M:Indalory Charil'tbl¢ R¢li¢f. This v:Ilu¢ ha4 b¢eii included ii) rent Y11d rate4 in
order to comply ivith the StJi¢nient of Recomm¢i)d¢d Practic¢ on Ac¢oiintin¥ by Charitiei.
All thc othcr ini(Iwnc in ¢hc previuu% yedr rcldlcd i(} unrc%triLtcd fLinds.
Page 7
coniinued...

LITE LIMtTED
OTES TO THE FINAIYCIAL STATEMENTS- eonllnued
FOR THE YEAR ENDED 30 JUNE 2024
CHARITABLE ACTIVITIES COSTS
Direci
Costs
Siipport
costs
Totals
Leaniino and skills
360 398
Traiiiee allowai)ces aiid training expenses totalling £96.31412023 £76,166) inLluded above are ci)nsidered to be wl)olly attributable to
charitable activities.
W&ges aiid salaries sel out in note 9 include support cosis of £54.726 {202.3 - £55,481).
Goi'ernaiiie costs ol- £5.014 (2023 £3.626) ar¢ included wiihin suppon Losls. Of Ilie reniaining expenses, bioadls. 1 O'/ii are considered
to be support cosis.
All expeiidiliire in relation lo charitable aclivilie5 111 the previous year was unrestricted.
NET IYCOMEI(EXPENDITURE)
N¢1 iiiioiii¢/{¢xp¢iiditui'¢) is stat¢d afi¢i' lllai￿li1￿1£1¢dI1¢iIb).'
2024
2023
r)Lprcciari011 owncd oss¥ls
Otlicr opcrating l¢aJc3
5.198
615
.3,750
510
TRUSTEES, REMUNER.4TION AND BENEFITS
Thor¢ ivcrc iio ttvst¢¢s' rcrnuiicrotion or oih¢r bcncfit5 t.or ih¢ y¢ar ¢ndcd 3U Jiin¢ 2(124 nor for Ilio yknar ciid¢d 30 Jui)c 202.3.
Trustees, cxpenses
Th¢￿ w¢i'¢ no tru8t¢¢s' cxpcns¢s paid for th¢ y¢ar ¢nd¢d 3Th Jun¢ 21)24 nor for tho y¢ar ¢nd¢d 30 Jui)¢ 2023.
STAFF COSTS
21124
2023
WJb7¢ts dnd sularie
Si)LiJl security c(i%t.
Other pcn4ivii LiTr*t
230.3.13
16.747
9.335
250.415
2n8.211
14.689
232 1115
The aver.gge monthly iiuiiiber of emplDyees durinbl the year wis followb..
2n24
2n23
Leurniii¥ and .4kill%
The iiunib¢r of employees wh05¢ employee benefit6 {exoludingT employer pension ¢06t5) ¢x¢e¢ded £61),0(M) w¥s'.
21124
2023
£(rf),001 £7fl,1)IK)
£71),nOI - £80,0(K)
Th¢ toi81 r¢muncr.Ilion paid in rc¥pc¢l of th¢ chai'ily'¥ k¢y m2118¥¢incni pcrbonii¢l, who ib also Ihc Coinpanv S¢cr¢tary, was £6 1,948
12023 - £71,5481.
Page 8
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LITE LIMtTED
OTES TO THE FINAIYCIAL STATEMENTS- eonllnued
FOR THE YEAR ENDED 30 JUNE 2024
io.
TANGIBLE FIXED ASSETS
Fixture
and
tillings
Compllter
equipmeni
Toials
COST
Al l Jiily 2023 and 30 June 2024
DEPRECIATION
At l Jiily 2023
c.harge lor year
AI 30 June 2024
NET BOOK VALUE
At 30 June 2024
AI 30 June 2023
28.676
565
36,06_3
64,7.19
DEBTORS: AMOUNT.S FALLING DUE WITHIN ONE YEAR
2024
2023
TrJde debtors
Prepaynenls and accrued incoine
19.630
40.650
24.b80
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2U24
2U23
Social seLurity and oiher laxeb
Other crediiors
Accrnials and defen'ed income
2.864
2,729
7.14115
13.478
2,526
13.
LEA8INC ACREEMENTS
Miniinurn lease payineiits under non-LanLellable opei'ating leases tall due as follo￿,5..
2024
202.3
Wiihin one year
14.
MOIIEMENT IN FUNDS
Nei
moven]eni
in liinds
Ai 11712.3
3016124
Unrestrlcted funds
Geiietal tund
127,362
163,905)
63,457
TOTAL FUNDS
127 162
63 905)
Page 9
coniinued...

LITE LIMtTED
OTES TO THE FINAIYCIAL STATEMENTS- eonllnued
FOR THE YEAR ENDED 30 JUNE 2024
14.
MOIIEMENT IN FULYDS- contlnued
Net movemenr in funds, included in the above are as follows,,
Incoinino
Resources
expeiided
Moveinent
in lund-
resources
Unrestrlcted funds
General tund
(426,841)
(63,905)
TOTAL FUNDS
36? 936
426 841)
63 905)
Compar#tiTres for mO￿¢M¢￿t in lunds
Nei
movemenl
iii luiids
At 117122
3016123
Unrestrlcted funds
Generdl tund
121,191
6,171
127,362
TOTAL FUNDS
121 191
127 362
Cump#riilive nel muvemenl in fund%, inLluded iii the abuve ur¢ a% follvw%:
Ii)coniin
resoiirLe8
Re%'ource.4
expended
Moven)ei)I
Unreslrieted funds
Genenl lund
380,916
1374,745)
6,171
TOTAL FUND8
380916
374.745)
6.171
15.
Efv1PLOYEE BENEFIT OBLIGATIONS
Tl)¥ Lun)pany i)perate% defiiied Luntribution pen.sion sLI)eiMe.s ()n behdlf of Lertdin einployee% aiid direLt(Ir%. The as%et% i)f Ihe.%Lh¥ine dre
h¢ld 4Lyurdl¢ly from th()%¥ i)f th¥ L(Iwnpdrby in an ind¥p¢nd¢nily ddmitsi4l¢r¢d fund. Ci)nlributioris fur th¥ y¥ar amiiunt¥d to £9,33512n23
L9,21)5I.
16.
RELATED PARTY DISCLOSURES
The LK'irily 1% r¢lJled to Lite IStuLkpurtl Limit¢d. J Lumpdny iiiLurpurat¥d in Enbyland. by virtue of u Lunlri)Ilingr interest held by the
Lh&rity'8 dircLtor find ioinphny 8LcrL'tary who ttrL connLetcd by ft ftsmily rLIAtion%hip.
At 30 Jiine 2024, £1,620 (2023 LNill was due lo Lite (Siockport) Limited.
The Lharity and limited Lompl< ny have niade a jtsint ieiider lo tlie Skills Fundingy AgenLy and note 4 of the linanLial statements inlludes
the Lharity's inLonie aribing from this tender.
Page 10
coniinued...

LITE LIMtTED
OTES TO THE FINAIYCIAL STATEMENTS- eonllnued
FOR THE YEAR ENDED 30 JUNE 2024
17.
COI¥IPAIYY LIT*llTED B Y GUARANTEE
The Charity is a ¢omp8iiy Limited by Giiaranlee and has ilD share capithl.
Page 11

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