## ## ## |Trustees|||J G Silverwood||| |---|---|---|---|---|---| ||||B Horsman||| ||||D Patterson||| ||||STarff||| ||||SAbrahams||| |Key Management||Personnel|J Corner (resigned||12 May 2023)| ||||K Hibberd||| ||||R Hunt||| |Charity number|||1062058||| |Company|number||03339143||| |Registered|office||The Venue||| ||||650 Manchester|Road|| ||||Stocksbridge||| ||||Sheffield||| ||||South Yorkshire||| ||||S36 1DY||| |Independentexaminer|||H Jones ACA||| ||||Hart Shaw LLP||| ||||Europa
Link||| ||||Sheffield Business Park||| ||||Sheffield||| ||||S9 1XU||| |Bankers|||Unity Trust Bank|pic|| ||||Four Brindleyplace||| ||||Brimingham||| ||||B1 2JB||| ## ## ||||Page| |---|---|---|---| |Trustees report|||1-4| |Independent
examiner's||report|| |Statement
of financial|activities||| |Balance sheet|||| |Statement
of cash flows|||| |Notes to the financial|statements||9-16| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Unrestricted| |---|---|---|---|---|---|---|---| |||||||funds|funds| |||||||2023|2022| ||||||Notes||F| |f|||||||| |Charitable|activities||||2|559,448|521,242| |~E*
Cht|||||||| |Expenditure|on|charitable||activities|3|518,297|499,575| |Net income for the yearl|||||||| |Net movement||in|funds|||41,151|21,667| |Fund balances||at|1 April 2022|||1,331,227|1,309,560| |Fund balances||at 31 llllarch 2023||||1,372,378|1,331,227| ## ## ||||||2023||2022|| |---|---|---|---|---|---|---|---|---| |||||Notes|6||8|| |Fixed assets||||||||| |Tangible assets||||||752,395||789,569| |Investments||||||1||1| |||||||752,396||789,570| |Current assets||||||||| |Debtors|||||529,850||518,475|| |Cash at bank and||in|hand||160,294||90,627|| ||||||690,144||609,102|| |Creditors:|amounts||falling due within|||||| |one year||||10|(70,162)||(67,445)|| |Net current|assets|||||619,982||541,657| |Total assets less||current liabilities||||1,372,378||1,331,227| |Income funds||||||||| |Unrestricted|funds|||||||| |Designated|funds||||752,395||789,569|| |General
unrestricted|||funds||619,983||541,658|| |||||||1,372,378||1,331,227| |||||||1,372,378||1,331,227| ## ## ## ## ||||||||2023||2022|| |---|---|---|---|---|---|---|---|---|---|---| |||||||Notes|||8|| |Cash flows from operating||||activities||||||| |Cash generated
from operations||||||14||69,667||2,896| |Investing|activities|||||||||| |Purchase|oftangible
fixed|assets|||||||(2,055)|| |Proceeds|from disposal
of investment|||||||||| |property|||||||||250,000|| |Net cash|(used in)/generated||||from|||||| |investing|activities|||||||||247,945| |Financing|activities|||||||||| |Interest paid|||||||||(949)|| |Repayment|of bank loans||||||||(258,466)|| |Net cash|used in financing||activities|||||||(259,415)| |Net increase/(decrease)||in|cash and|||cash||||| |equivalents||||||||69,667||(8,574)| |Cash and|cash equivalents||at|beginning||ofyear||90,627||99,201| |Cash and|cash equivalents|||at|end of|year||160,294||90,627| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||8|6| |Nursery|and|other charitable||activities|||||559,448|521,242| |Expenditure||on charitable||activities||||||| ||||||||||2023|2022| ||||||||||6|6| |Staff costs|||||||||355,973|324,122| |Depreciation||and impairment|||||||37,174|52,641| ||||||||||393,147|376,763| |Share of|support costs (see|||note 4)|||||117,150|120,026| |Share of|governance||costs (see||note 4)||||8,000|2,786| ||||||||||518,297|499,575| |Support|costs|||||||||| |||||Support||Governance|2023|Support|Governance|2022| ||||||costs|costs||costs|costs|| |||||||8||8|8|| |Support costs|||||92,384||92,384|88,816||88,816| |Other staff costs|||||24,766||24,766|31,210||31,210| |Governance||costs||||8,000|8,000||2,786|2,786| |||||117,150||8,000|125,150|120,026|2,786|122,812| |Analysed|between|||||||||| |Charitable|activities|||117,150||8,000|125,150|120,026|2,786|122,812| ## ## ## ## |The avera|ge|monthly
number ofemployees
during
the y|ear was:|| |---|---|---|---|---| ||||2023|2022| ||||Number|Number| |Management||and financial|3|2| |Charitable|activities||15|11| |Total|||18|13| |||| |---|---|---| |Employment
costs|2023|2022| ||8|5| |Wages and salaries|326,118|298,189| |Social security costs|24,002|20,625| |Other pension costs|5,853|5,308| ||355,973|324,122| |Tangible fix|ed asset|s||||| |---|---|---|---|---|---|---| ||||Freehold|Leasehold|Office|Total| ||||property|property|equipment|| ||||6|5||| |Cost||||||| |At 1 April 2022|||1,152,033|3,392,918|337,570|4,882,521| |At 31 March|2023||1,152,033|3,392,918|337,570|4,882,521| |Depreciation|and impairment|||||| |At 1 April 2022|||520,690|3,234,997|337,265|4,092,952| |Depreciation|charged|in the year|22,739|14,130|305|37,174| |At 31 March|2023||543,429|3,249,127|337,570|4,130,126| |Carrying
amount||||||| |At 31 March|2023||608,604|143,791||752,395| |At 31 March|2022||631,343|157,921|305|789,569| ## ## |8|Fixed asset inve|stm|ent||||| |---|---|---|---|---|---|---|---| ||||||||Other| ||||||||investments| ||Cost or valuation||||||| ||At 1 April 2022 8|31|March 2023||||| ||Carrying
amount||||||| ||At 31 March 2023||||||| ||At 31 March 2022||||||| ||Other investment|comprises:|||Notes|2023|2022f| ||Investment
in subsidiary||||13||| |9|Debtors||||||| ||Amounts
falling due within|||one year:||2023
f|2022f| ||Trade debtors|||||1,644|11,836| ||Amounts
owed by|subsidiary||undertakings||516,973|493,440| ||Prepayments
and|accrued income||||11,233|13,199| |||||||529,850|518,475| |10|Creditors: amounts||falling due within one year||||| |||||||2023|2022| |||||||f|f| ||Other taxation
and|social security||||11,615|3,298| ||Trade creditors|||||40,132|35,323| ||Other creditors|||||718|361| ||Accruals and deferred||income|||17,697|28,463| |||||||70,162|67,445| ## ## ## ||||Balance at|Transfer|Balance at|Transfer|Balance at| |---|---|---|---|---|---|---|---| |||1|April 2021||1 April 2022|31|March 2023| ||||8||8|8|8| |Capital|fund||899,315|(109,746)|789,569|(37,174)|752,395| ## |The remun|eration
of key management
personnel
is as f|ollows.|| |---|---|---|---| |||2023|2022| |||8|E| |Aggregate|compensation|88,533|115,310| ## |Name|of undertaking|Registered|Registered|Nature ofbusiness|Nature ofbusiness|Class of|% Held| |---|---|---|---|---|---|---|---| |||office||||shares held|| |STEP|Business Enterprises|England|and|Provision|ofmanaged|Ordinary|100.00| |Limited||Wales||workspace
and a multi-|||| |||||purpose|building
supporting||| |||||the local|community||| ## ## ## |14|Cash generated|from|from|operations|operations|||2023|2022| |---|---|---|---|---|---|---|---|---|---| |||||||||E|E| ||Surplus for the year|||||||41,151|21,667| ||Adjustments
for:||||||||| ||Interest payable||||||||8,275| ||Depreciation
and|impairment|||oftangible|fixed assets||37,174|52,641| ||Movements
in working|||capital:|||||| ||(Increase)
in debtors|||||||(11,375)|(49,756)| ||Increase/(decrease)||in|creditors||||2,717|(29,931)| ||Cash generated|from||operations||||69,667|2,896| |15|Analysis ofchanges|||in net|funds||||| ||||||||At 1 April 2022|Cash flowsAt 31 March 2023|| ||||||||E|E|E| ||Cash at bank and|in|hand||||90,627|69,667|160,294|