Stepping Stones Pre School Clipston
Year Ended 31 July 2024
Treasurer's Report
and
Financial Statements

srEPPING SWONES PRE S(IIOOL cupsfoN LEGALAND ADMiiaslliATIVE FRAMEWORK
REGisfERED CHARITY NUVaER
1023443
DATE OF REGIStRATION
12 July 1993
TRUSfEES
Hannah Osborne
Katie Usher
Rosie O'connor
Louise Gowlin8
Katelyn Williarns
Emma Davies
Charlotte Horn
Melissa Hill
GOVERNING DocuAvifAND CHARrfABLE OBJEcllvES
The charrty acts in acc(Ydance with its constitution date 29 October 2014.
The objects of the chaTity are to enhance the development and education of children primarily
under statutory school age by encouraging pafents to Underst￿ and provide for the needs of
their children thro￿ c￿nMunity groups and by:
Offerin8 appropriate play, education5 and care facilities, famity learnin8 and extend hours groups
together with the r¥hts of parents to take responsibility for and to become involved in the activities
of such groups, enduri￿ th* such groups offer opportuniiies for all childTen whatever their race,
culture. rel￿10n, means or ability.
Encouraging the study of the needs of such children and tha"r families and prmoting public
interest in and recognition of such needs in the local areas.
Instigating and adher1￿ to and fUrther1r￿ the aim5 and objectives dthe pr￿Chool learning
alliance.
The charity provides prtrsdKKA education to childm.
PUBUC BENEFIT
The charity notes that it has a responsibility under the Charity Rwktions which govern it to
ensure that the public benefit from the activities of the charity.
Stepping Stones Pre SdKd Clipston ensures that it meets these requirements but ensuring that
applications for places at the school are made awdilawe to all farniks in the local community,
Stepping Stones Pre sd￿ Clipston
High Street
Clipston
Market Harborough
LE16 9RU

Stepping Stones Pre Schod aipston
FSnancial Statements for the year eThled 31 Juty 2￿4
TREASURERS REPORT FOR THE YEAR ENDED 31 JULY 2024
Stepping Stones Pre School has had a very busy year, children numbers have been higher than
seen for several years and record income. The settin8 made a surplus for the year of £2,116
{FY2023:£1.150).
The setting has continued to benefit significantly this year the steps taken in the previous
years to maximi5e income foc the setting and Pfoactivety manage the cost base to ensure that
the staffing levels afe appropriate and sustainable for the number of children attending the
setting afKI the cost base challenged and dis(Tetionary spend minimised.
The following speufK receipts and payments are of note:
- Fee and funding income in total for the year was £74,840, £15.615 lower than in the
previous year (FY2023:￿),45S)
- Fundraising and donaiions generated £8,942 (FY2023:£8.8991. a successful Christmas
window evert, Summer Raffle and fundraising at the clip.ston festival in the financial period
has helped with keeping the fundraising similar over the last tso years. Donations have
decreased slightly due to the economic climate.
- In 2023 we received a grant from Market Harborou8h Building Society Charitable Foundation
of £1,320 for the Mud ￿tchen purchased durin8 the 2023 year {FY2024:£NIL}.
- We now receive bank interest on our High Interest account whith ha5 raised £1,599 this year
(FY2023:£NIL)
- Staff costs have decreased compared to the prior year at £70.379 {FY2023:£79,520). The
decreased session nurnbers resulted in decreased sfdffing requirements for the setting
decrea5in8 the staff costs. There was a significant increase in minimum vrage from April 2024,
we elected to 8ive the staff a payrise to show our appreciation of their continued support,
- Staff training Costs were £303 {FY2023:£2,517> which 15 considernbty loweT than previou5
years.
The cash balance at 31 July 2024 was £66,727.92 {FY2023:£64.675.26). This is approximately
£22,21J) higher than the cash we are required to hold under OUT ReseTves Policy.
The pety cash balan￿ at 31 July 2024 was £105.￿ (Fy2023.£42.￿)-
The forecast for next year anticipates a lower number of children attending the setting to the
current year. To ensure the ongoing fi'nancial viability of Stepping Stones. the challenge
remains to optimise attendance levets at the settin& proactively manage staff and overhead
Costs and maximise the opportunities for fundraisin& The Primary School where we are based
have also significantty increased our rent from I September 2024, therefore we will need to be
increasing our incixne and rnana￿ng our costs to ensure the future viability of Stepping
Stones Pre School.

INDEPENDEKf EXAMIIIER'S REpoKf TO THETRUSTEFSOF sfEPPING sfoNES PRE-SCHOOL
CUPStON
I report to the tJustees on my examination of the aCc￿nts of Stepping Stones Pre-school
Clipston for the year ended 31 July 2024.
Respons61Mliti"es aNI Imsis of the report
A5 the charity trustee5 of the Trust you are responsible for the preparation of the accounts in
accordance with the requiremenst of the Charities Act 2011 (kne Act.).
I report in respect of my examination of the Trust's accounts carried out under section 145 of
the 2011 Act and in cafrying out my examination I hawe followed all the applicable directions
given by the Charity Comminssion under section 145(5){b) of the acL
Independent examlnerfs statement
I have completed my examination. I confirm that no material matters have come to my
attention in connection with the examination givin8 me cause to believe that in any material
respect:
l. accounting records were not kept in respect of the Trust as required by section 130 of the Act;
or
2. the accounts do not accord with those records.
I have no concerns and have come across no other mattU5 in connettion with the examintaion
to which attention should be drawn in this report in Ord￿ to enable a proper understsning of
the accounts to be reached.
Carolyn Bland
3 Chestnut Grove
Clipston
Market Harborough
Leics
LE16 9RH

Stepping Stones Pre School Clipston
Financial Statements for the year eThled 31 Juty 20
RECEIPTSAND PAThffKfs FOR THE YEAR ENDED 31JULY2024
2023
RECEIPTS
Unrestrlcted Funds
Fees afid funding.-
Northants County Council
Fees re unfunded children
61,606
13234
62,261
28,194
74
90,455
Fundraising
Donation5, matched givi￿ and gift aid
Bank interest
Other income
3,264
5,363
4,926
1,599
352
272
10.843
85,683
8.899
99,354
TOTAL UNRESTrICTED RECEIPTS
Restrlcted Funds
Grants received
TOTAL REsfRICTED RECEIPTS
1,320
1,320
TOTAL RECEIPTS FOR THE YEAR
PAYMEKrs
Unrectricted Funds
Wages, bonuses and national insurance
staff training and course fees
Telephone
Rent
Fees, subscriptions and memberships
Insurance
Resources and equipment
Printin& postage and stationery
Marketing and adverbsi
Accountsncy fees . payToII
Furniture, hw5ekeepl￿ and maintenance
Snacks
Miscellaneous purchases
TOTAL UNREsniicrED PAYMENrs
Restrlcted funds
Outd(KY equipment/covid grant
TOTAL RESTRICTED PAYWJEKrs
85,683
100,674
70,379
303
79,520
2,517
785
1,730
859
645
2,158
32
624
4,619
488
1,117
552
3,951
824
629
694
4,472
878
590
98,204
1,320
1,320
TOTAL PAYMElItS FOR THE YEAR
99,524
EXCESS OF RECEIPTS OVER PAYMEMt5 FOR THE YEAR
L6
1.150
Fundlng Spllt.
Unrectrlrted Funds
Restricted funds
L619
1150
L619
1150

Stepping Stones Pre Sthod aipston
Flnanclal Ststements the year ended 31 July 2024
STATEMEtir OF ASSEST5 AND UABiullES AT31 JULY 2024
2023
CASH FUNDS
Bank current account
High Interest account
Petty cash
24,632
41,599
105
66336
24.675
40,(KKI
42
64.717
DISTRIBUTION BEtWEEII FUNDS
Uniestricted Funds
Opening balance
Excess receipts over payments for the year
Transfei from restricted funds
CIosiNa balarKe
64,215
L6L9
63,065
1150
65.834
64,215
Restricted funds
Opening balan
Excess receipts over payments for the year
Transfer to unrestricted fund5
Closing balance
502
502
502
66,336
64,717