2023-03-31-accounts - First Steps (Bath)

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					Page
Report of	the Trustees			1	to 9
Report of	the Independent Auditors			10 to 13
Statement	ofFinancial	Activities			14
Statement	ofFinancial	Position
Statement	ofCash Flows				16
Notes to the Statement		ofCash	Flows		17
Notes to the Financial		Statements		18 to 34
Detailed Statement of		Financial	Activities	35	to 36

STRUCTU	STRUCTU	RE, GOVER		NANCE AND	MANAGEMENT
Governing		document
The charity		is controlled by its governing document, a deed of trust,					and	constitutes		a limited
company,	limited by guarantee, as defined by the Companies Act 2006.
REFERENCE		AND ADMINISTRATIVE DETAILS
hair				Ken Littlewood	Retired Business Executive
ice Chair				anet Rose	Director
reasurer				om Williams	Management Accountant
ther trustees				Elisabeth	enior Lecturer and Deputy Head, Department				of
				Hacking	Education, University of	Bath
				Isobel Michael	Fundraiser
				Kate Tuckwell	enior Lecturer of Social and Policy Sciences
				Meg North	Retired local government	officer
				Marina Sloan	Specialist Speech & Language Therapist
			Mike Turner		anager Director
				Simon Andrews	Project Manager
				al Wheeler	Retired Health Visitor
Denotes	parents whose			children used	First Steps (Bath) services during the year.
enior Management			Roz Lambert		hief Executive
earn
				arah Elliott	Finance &Administration	Manager and	Company
					ecretary
Maternity	Leave Jan 23		Charlotte Miller		hildren's Services Manager - Moorlands
				ian Barnett	I-'icting Children's Services Manager - Moorlands
			Louise		hildren's Services Manager -Twerton
			Hewings
				tefanie	hildren's Services Manager -BOP
				albyoff
Registered	Company			2656485 (England and Wales)
umber
Registered	Charity		1012690
umber
Registered	Office			sS Elliott, Woodhouse Road, Twerton,		Bath, BA2 1SY
E-mail			info@firststepsbath. org.uk
ebsite				.firststepsbath. org.uk

forthe Yea	r Ended	31March	2023
							31.3.23	31.3.22
					Designated
					Fixed
					Asset
				Unrestricted	Reserve	Restricted	Total	Total
				funds	Fund	funds	funds	funds
			Notes	f	f	f	f	f
INCOME AND
ENDOWMENTS FROM
Donations	and legacies		2	6,757		52,414	59,171	35,245
Charitable	activities		5
Charitable	Activities			1,497,335			1,497,335	1,262,125
Other trading activities			3	29,448			29,448	21,201
Investment	income		4	2,163			2,163	45
Total				1,535,703		52,414	1,588,117	1,318,616
EXPENDITURE ON
Charitable	activities
Charitable	Activities			1,464,652	35,980	41,236	1,541,868	1,370,618
NET
INCOME/(EXPENDITURE)				71,051	(35,980)	11,178	46,249	(52,002)
Transfers between		funds	18	(13,504)	12,156	1,348
Net movement in funds				57,547	(23,824)	12,526	46,249	(52,002)
RECONCILIATION OF FUNDS
Total funds	brought	forward		342,738	1,385,874	95,256	1,823,868	1,875,870
TOTAL FUNDS CARRIED
FORWARD				400,285	1,362,050	107,782	1,870,117	1,823,868

						31.3.23	31.3.22
				Designated
				Fixed
				Asset
			Unrestricted	Reserve	Restricted	Total	Total
			funds	Fund	funds	funds	funds
		Notes	f	f	f	f	f
FIXEDASSETS
Tangible	assets	13		1,362,050		1,362,050	1,385,874
CURRENT	ASSETS
Stocks		14	939			939	1,056
Debtors		15	129,497			129,497	69,190
Cash at bank			339,098		107,782	446,880	434,097
			469,534		107,782	577,316	504,343
CREDITORS
Amounts	falling due within
one year		16	(69,249)			(69,249)	(66,349)
NET CURRENT ASSETS			400,285		107,782	508,067	437,994
TOTAL ASSETS LESS
CURRENT	LIABILITIES		400,285	1,362,050	107,782	1,870,117	1,823,868
NET ASSETS			400,285	1,362,050	107,782	1,870,117	1,823,868
FUNDS		18
Unrestricted funds						1,762,335	1,728,612
Restricted	funds					107,782	95,256
TOTAL FUNDS						1,870,117	1,823,868

Statement ofCash Flows
for the Year Ended 31March 2023
			31.3.23	31.3.22
		Notes	E	E
Cash flows from operating	activities
Cash generated from operations		1	22,776	156,812
Net cash provided by operating activities			22,776	156,812
Cash flows from investing	activities
Purchase oftangible fixed	assets		(12,156)	(2,580)
Interest received			2,163	45
Net cash used in investing	activities		(9,993)	(2,535)
Change in cash and cash equivalents		in
the reporting period			12,783	154,277
Cash and cash equivalents	atthe
beginning ofthe reporting	period		434,097	279,820
Cash and cash equivalents	atthe end
ofthe reporting period			446,880	434,097

RECONCILIATION ACTIVITIES	OF NET	INCOME/(EXPENDI	TURE) TO NET CASH FL	OW FROM OPERAT	ING
				31.3.23	31.3.22
				E	f
Net income/(expenditure)		for the reporting	period (as per the
Statement of Financial Activities)				46,249	(52,002)
Adjustments for:
Depreciation charges				35,980	35,779
Interest received				(2,163)	(45)
Decrease in stocks				117	243
(Increase)/decrease	in debtors			(60,307)	162,516
Increase in creditors				2,900	10,321
Net cash provided	by operations			-22,776	156,812

	At 1.4.22	Cash flow	At 31.3.23
	E	E	f
Net cash
Cash at bank	434,097	12,783	446,880
	434,097	12,783	446,880
Total	434,097	12,783	446,880

for t	he Year Ended	31March 2023	31March 2023
2.	DONATIONS	AND LEGACIES
				31.3.23	31.3.22
				f	f
	Donations and fundraising			6,757	11,953
	Grants			52,414	23,292
				59,171	35,245
	Grants received, included		in the above, are as follows:
				31323	31.3.22
				f	f
	B&NESSmall	Grants			6,560
	Grants - Various (exc 8&NES)			52,414	16,732
				52,414	23,292
3.	OTHER TRADING ACTIVITIES
				31.3.23	31.3.22
				f	f
	Community lettings			29,212	16,824
	Misc Income			236	4,377
				29,448	21,201
4.	INVESTMENT	INCOME
				31.3.23	31.3.22
				f	f
	Deposit account interest			2,163	45

		Unrestricted	Restricted	Total	Total
		Funds	Funds	2023	2022
Bath &North East Somerset	Council:	E	E	E	f
Disability Access Fund		9,501		9,501	6,930
BOP		211,000		211,000	201,667
Social Services: CHIF		137,279		137,279	119,656
Other revenue funding
Total Revenue Funding		357,780		357,780	328,253
Nursery Fees IERelated Funding:
Early Years Entitlement		485,712		485,712	430,601
Nursery fees charged to parents		631,366		631,366	480,994
Early Years Pupil Premium		22,477		22,477	22 277
		1,139,555		1,139,555	933,872
Total Income from charitable	activities	1,497,335		1,497,335	1,262,125.
2022 Comparatives
				31.3.22	31.3.21
				Charitable	Total
				activities	activities
				E	f
Incoming Resources				1,262,125	1,238,963
		Unrestricted	Restricted	Total	Total
		Funds	Funds	2022	2021
Bath tENorth East Somerset	Council:	E	E	E	E
Disability Access Fund		6,930		6,930	42,950
BOP		201,667		201,667	200,000
Social Services: CHIF		119,656		119,656	205,012
Other revenue funding					360
Total Revenue Funding		328,253		328,253	448,332
Nursery FeesBRelated Funding:
Early Years Entitlement		430,601		430,601	434,387
Nursery fees charged to parents		480,994		480,994	334,479
Early Years Pupil Premium		22,277		22,277	21,775
		933,872		933,872	790,641
		22

	Total Income from charitable	Total Income from charitable		1,262,125	1,238,963
6.	CHARITABLE ACTIVITIES COSTS
				Support
			Direct	costs (see
			Costs f	note 7) E	Totals E
	Charitable	Activities	1,530,438	11,430	1,541,868

	Unrestricted	Restricted	Tota I	Total
	Funds	Funds	2023	2022
Direct Costs:	E	f	E	f
Employment costs	1,205,755		1,205,755	1,075,416
Catering costs	61,588		61,588	57,840
Staff costs (training costs, expenses
etc.)	19,767	41,236	61,003	45,243
Special projects: Direct Costs	6,878		6,878	8,465
Service costs	17,636		17,636	8,306
Bad debts - fees written off.	3,580		3,580	9,708
Total Direct Costs	1,315,205	41,236	1,356,441	1,204,978
Overheads:
Premises costs	92,214		92,214	70,200
Administrative costs	14,440		14,440	15,762
Information Technology costs	31,363		31,363	34,606
Depreciation charges	35,980		35,980	35,779
Support costs (See note 7)	11,430		11,430	9,293
Total Overhead Costs	185,427		185,427	165,640
Total Costs ofCharitable activities	1,500,632	41,236	1,541,868	1,370,618
2022 Comparatives
			Support
		Direct	costs (see)
		Costs	nota 7	Total
		E	f	f
Charitable Activities		1,349,665	20,953	1,370,618
	Unrestricted	Restricted	Total	Total
	Funds	Funds	2021	2021
Direct Costs:	E	6	E	E
Employment costs	1,054,463	20,953	1,075,416	928,710
Catering costs	57,840		57,840	39,362
Staff costs (training costs, expenses
etc.)	45,243		45,243	14,184
Special Projects: Direct Costs	8,465		8,465	71,478
Service costs	8,306		8,306	25,465
Bad debts - fees written off.	9,708		9,708	9,017

CHARITABLE ACTIVITIES	COSTS-cont	inued
Total Direct Costs		1,184,025	20,953	1,204,978	1,088,216
Overheads:
Premises costs		70,200		70,200	59,739
Administrative costs		15,762		15,762	15,907
Information Technology	costs	34,606		34,606	26,383
Depreciation charges		35,779		35,779	37,267
Support costs (See note	7)	9,293		9,293	8,362
Total Overhead Costs		165,640		165,640	147,658
Total Costs ofCharitable	activities	1,349,665	20,953	1,370,618	1,235,874
SUPPORT COSTS
				Governance
			Finance	costs	Totals
			f	f	f
Charitable Activities			3,894	7,536	11,430
2022 Comparative
				Governance
			Finance	costs	Totals
			f	f	f
Charitable Activities			2,154	7,139	9,293
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
				31.3.23	31.3.22
				f	f
Auditors' remuneration				6,236	6,000
Depreciation - owned assets				35,980	35,779
Other operating leases				6,412	6,400

STAFF COSTS
		31.3.23	31.3.22
		f	E
Wages and salaries		1,094,399	980,257
Socialsecurity	costs	64,697	54,353
Other pension	costs	46,660	40,806
		1,205,756	1,075,416

			31.3.23	31.3.22
Delivery ofChildren's		8 Family Services	46	44
Management	and Administration		5	5
			51	49

			Designated
			Fixed
			Asset
			Reserve	Restricted	Total
			Fund	funds	funds
			f	f	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		9,025		26,220	35,245
Charitable activities
Charitable Activities		1,262,125			1,262,125
Other trading activities		21,201			21,201
Investment income		45			45
Total		1,292,396		26,220	1,318,616
EXPENDITURE ON
Charitable activities
Charitable Activities		1,313,886	35,779	20,953	1,370,618
NET INCOME/(EXPENDITURE)		(21,490)	(35,779)	5,267	(52,002)
Transfers between funds		(2,777)	2,580	197
Net movement in funds		(24,267)	(33,199)	5,464	(52,002)
RECONCILIATION OF FUNDS
Total funds brought forward		367,005	1,419,073	89,792	1,875,870
TOTAL FUNDS CARRIED FORWARD		342,738	1,385,874	95,256	1,823,868

13.	TANGIBLE FIXEDASS	ETS
			Fixtures
		Leasehold	and	Computer
		Property	fittings	equipment	Totals
		E	E	f	f
	COST
	At 1April 2022	1,721,954	114,061	12,841	1,848,856
	Additions		12,156		12,156
	At 31March 2023	1,721,954	126,217	12,841	1,861,012
	DEPRECIATION
	At 1April 2022	341,836	110,885	10,261	462,982
	Charge for year	33,968	1,368	644	35,980
	At 31March 2023	375,804	112,253	10,905	498,962
	NET BOOK VALUE
	At 31March 2023	1,346,150	13,964	1,936	1,362,050
	At 31March 2022	1,380,118	3,176	2,580	1,385,874
14.	STOCKS
				31.3.23	31.3.22
				E	E
	Stocks			939	1,056
15.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				31.3.23	31.3 22 .
				f	E
	Trade debtors			118,528	59,855
	Prepayments and accrued income			10,969	9,335
				129,497	69,190

		31.3.23	31.3.22
		E	E
Trade creditors		4,724	13,510
Socialsecurity	and other taxes	20,033	20,911
Other creditors		44,492	31,928
		69,249	66,349

	31.3.23	31.3.22
	f	E
Within one year	1,187	1,468
Between one and five years	2,362	3,549
	3,549	5,017

MOVEMENT IN FU	NDS
			Net	Transfers
			movement	between	At
		At 1.4.22	in funds	funds	31.3.23
		E	E	E	f
Unrestricted funds
General fund		342,738	71,051	(13,504)	400,285
Designated Fixed Asset Reserve		1,385,874	(35,980)	12,156	1,362,050
		1,728,612	35,071	(1,348)	1,762,335
Restricted funds
Subsidised Meals			5,460		5,460
Quartet Foundation		467	(96)		371
BOP		87,081	8,504		95,585
Partnership With Parents		518			518
Moorlands Decoration		141	(141)
Xmas toys/books			529		529
Children with SEN			(3)
StJohns Language	for Life	1,328	66		1,394
Consortium order	Moorlands
		1,800			1,800
Replacing Boiler Heating system		3,421	(1,296)		2,125
Stay and Play			(1,345)	1,345
Waitrose Childhood	Nature	500	(500)
		95,256	11,178	1,348	107,782
TOTALFUNDS		1,823,868	46,249		1,870,117

		Incoming	Resources		Movement
		resources	expended		in funds
		E	E		E
Unrestricted funds
General fund		1,535,703	(1,464,652)		71,051
Designated Fixed Asset Reserve			(35,980)		(35,980)
		1,535,703	(1,500,632)		35,071
Restricted funds
Trips g. Events		2,500	(2,500)
Subsidised Meals		19,794	(14,334)		5,460
Quartet Foundation		2,181	(2,277)		(96)
BOP		18,500	(9,996)		8,504
Moorlands Decoration			(141)		(141)
Xmas toys/books		589	(60)		529
Children with SEN StJohns Language	for Life	400 2,720	(403) (2,654)		(3) 66
Replacing Boiler Heating system			(1,296)		(1,296)
Stay and Play		5,730	(7,075)		(1,345)
Waitrose Childhood	Nature		(500)		(500)
		52,414	(41,236)	.	11,178
TOTAL FUNDS		1,588,117	(1,541,868)		46,249

				Net	Transfers	Transfers
				movement	between		At
			At 1.4.21	in funds	funds		31.3.22
			f	f	f		E
Unrestricted funds
General	fund		367,005	(21,490)	(2,777)		342,738
Designated Fixed Asset Reserve			1,419,073	(35,779)	2,580		1,385,874
			1,786,078	(57,269)	(197)		1,728,612
Restricted funds
Subsidised Meals			1,811	(1,811)
Quartet	Foundation			467			467
BOP			87,081				87,081
Partnership With Parents			518				518
Moorlands Decoration			382	(241)			141
Children	with SEN			(197)		197
StJohns	Language	for Life		1,328			1,328
Replacing	Boiler Heating system			1,800			1,800
Stay and	Play			3,421			3,421 .
Waitrose	Childhood	Nature		500			500
			89,792	5,267		197	95,256
TOTALFUNDS			1,875,870	(52,002)			1,823,868

		Incoming	Resources	Movement
		resources f	expended E	in funds f
Unrestricted funds
General fund		1,292,396	(1,313,886)	(21,490)
Designated Fixed Asset Reserve			(35,779)	(35,779)
Restricted funds		1,292,396	(1,349,665)	(57,269)
Trips Ik Events		2,533	(2,533)
Subsidised Meals Quartet Foundation		9,946 1,175	(11,757) (708)	(1,811) 467
Moorfands Decoration			(241)	(241)
Xmas toys/books		731	(731)
Children with SEN StJohns Language TheoryofChange Consortium order	for Life Moorlands	1,200 2,880 1,618	(1,397) (1,552) (1,618)	(197) 1,328
		181	(181)
Replacing Boiler Heating system		1,800		1,800
Stay and Play		3,656	(235)	3,421
Waitrose Childhood	Nature	500		500
		26,220	(20,953)	5,267
TOTAL FUNDS		1,318,616	(1,370,618)	(52,002)

Detailed Statement ofFinancial Activities for the Year Ended 31March 2023
	31.3.23	31.3.22
	f	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations and fundraising Grants	6,757 52,414	11,953 23,292
	59,171	35,245
Other trading activities
Community lettings Misc Income	29,212 236	16,824 4,377
	29,448	21,201
Investment income
Deposit account interest	2,163	45
Charitable activities
Incoming Resources	1,497,335	1,262,125
Total incoming resources	1,588,117	1,318,616
EXPENDITURE
Charitable activities
Wages Social security Pensions Other operating leases Rates and water Insurance Light and heat Sundries Other Staff Costs Service Costs Catering Costs Information Technology Costs	1,094,399 64,697 46,660 6,412 8,525 8,205 14,286 14,184 81,721 61,588 31,363	980,257 54,353 40,806 6,400 3,507 7,241 11,943 (19) 15,737 49,410 57,841 34,605
Administrative Costs Specia I projects Repairs and renewals Carried forward	14,440 6,878 37,520 1,490,878	15,891 8,465 29,402 1,315,839

	31.3.23	31.3.22
	f	E
Charitable activities
Brought forward Bad debts - Fees written off Improvements to property Computer equipment	1,490,878 3,580 35,980	1,315,839 9,708 35,341 438
	1,530,438	1,361,326
Support costs
Finance
Bank charges	3,894	2,153
Governance costs
Auditors' remuneration Accountancy and legal fees	6,236 1,300	6,000 1,139
	7,536	7,139
Total resources expended	1,541,868	1,370,618
Net income/(expenditure)	46,249	(52,002)