LITE LIMITED
LITE Ltd is a specialist apprenticeship training provider in the animal care sector. We train young people and adults aspiring to careers in veterinary nursing animal care.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £28,340 for the year, resulting in a decline in total unrestricted funds from £63,457 to £35,117. The trustees note that future viability is dependent on recruiting viable numbers of apprentices, but consider there are no material uncertainties regarding the organization's ability to continue as a going concern.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 £60,001 - £70,000 -” — page 10
“The charity is related to Lite (Stockport) Limited, a company incorporated in England, by virtue of a controlling interest held by the charity's director and company secretary who are connected by a family relationship. At 30 June 2025, £26,104 (2024 - £1,620) was due to Lite (Stockport) Limited.” — page 13
“The Trustees will continue to maintain their objective of four months running costs for the next financial year.” — page 3
“The charity is related to Lite (Stockport) Limited, a company incorporated in England, by virtue of a controlling interest held by the charity's director and company secretary who are connected by a family relationship. At 30 June 2025, £26,104 (2024 - £1,620) was due to Lite (Stockport) Limited.” — page 13
“The charity is related to Lite (Stockport) Limited, a company incorporated in England, by virtue of a controlling interest held by the charity's director and company secretary who are connected by a family relationship.” — page 13
Trustees
- RICHARD DAVID SHOPLAND-REED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £301k | £329k |
| 30/06/2024 | £363k | £427k |
| 30/06/2023 | £381k | £375k |
| 30/06/2022 | £374k | £336k |
| 30/06/2021 | £285k | £259k |
Common questions
Is LITE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £28,340 for the year, resulting in a decline in total unrestricted funds from £63,457 to £35,117. The trustees note that future viability is dependent on recruiting viable numbers of apprentices, but consider there are no material uncertainties regarding the organization's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESSEX COMMUNITY FOUNDATION | 1 | £22k |
| THE FORRESTER FAMILY TRUST | 1 | £15k |
| THE J J CHARITABLE TRUST | 1 | £12k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £10k |
| CHARITIES OF THOMAS WADE AND OTHERS | 1 | £5k |
| PILKINGTON CHARITIES FUND | 1 | £5k |
| THE RAINFORD TRUST | 1 | £2k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £2k |
Charities like this
- CHILD LIGHT LIMITED
- LIGHTHOUSE ARTS AND TRAINING LTD
- THE LIGHT FUND COMPANY
- LIGHTHOUSE INTERNATIONAL MINISTRIES
- LIGHTEN EDUCATION NETWORK
- LIGHTHOUSE FUTURES TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LITE LIMITED | £301k | — | 0 | below | 0.0% | no doubt |
| CHILD LIGHT LIMITED | £2.7m | — | — | below | — | no doubt |
| LIGHTHOUSE ARTS AND TRAINING LTD | £381k | — | 0 | below | — | noted |
| THE LIGHT FUND COMPANY | £126k | — | 0 | unclear | — | no doubt |
| LIGHTHOUSE INTERNATIONAL MINISTRIES | £136k | — | 0 | unclear | — | no doubt |
| LIGHTEN EDUCATION NETWORK | £33.1m | — | — | unclear | — | no doubt |