2022-03-31-accounts - Steps Conductive Education Centre

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REGISTERED CHARITY NUMBER: 1063143

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

STEPS

Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU

STEPS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

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Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 25
Detailed Statement of Financial Activities 26 to 28
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STEPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The aims of Steps are:

In partnership with parents, to provide high quality early education opportunities for children aged 0-5 with motor learning difficulties and their families. Through use of structured play, The Early Years Foundation stage of the national curriculum within the framework of Conductive Education, children are encouraged to achieve stepped goals that enhance skills for independence in everyday life and boost esteem in both parent and child. By working and playing together, families learn to celebrate success and recognise the potential in every child.
To provide ongoing support for children over years who have motor learning difficulties in the form of a gym club, and activity days organised annually for all parents/carers, their children, and siblings.
To promote the benefits of Conductive Education with the statutory bodies nationally.

The Trustees have had due regard to the guidance published by the Charity Commission on public benefit as required by the Charities (Accounts and reports) Regulations 2008.

Page 1

STEPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

OBJECTIVES AND ACTIVITIES

Significant activities

Steps supports families with children who have special educational needs. We offer a free and unique service following the principles of Conductive Education for children with conditions that cause motor impairments or motor development delays.

Steps works with young children who have Cerebral Palsy, chromosome disorders including Down Syndrome or other conditions which affect the acquisition of motor skills. Many of our children have life limiting conditions and illnesses.

The focus is on the potential of each child and how each child's development can be enhanced through an optimistic and informed approach. Conductive Education combines education, psychology and medical science and considers all aspects of development.

Our goal is to develop the skills the children need to progress and maximize their potential. At the same time, we provide parents with the knowledge, confidence, and strength they need to understand how they can enhance the development of their child.

Steps believes firmly in early intervention and in the nursery, we take children from a few weeks old. The children learn in small groups according to their specific needs and abilities, with parents staying with the child in the session, as it is strongly felt that everything taught at Steps can be continued in the home. The parents are placed very much at the forefront of their child's education.

Steps focuses on the children and not their disability, every small achievement children make is greatly applauded and child and parent are encouraged every step of the way. At the present time there are fifty children on the register and all sessions are full. This service has been a lifeline to the families and children of the East Midlands since its inception in 1994. It is now geographically working with families nationally.

Steps has an open-door policy and parents may refer themselves, or other parents will recommend the service to families. Professionals such as Health Visitors or Pediatricians will also encourage families get in touch. There are very few services in the UK that support both child and parent together in the same place and this service offers this invaluable support.

The families that attend Steps are very reliant on the service that we provide, and we have been described many times as a lifeline to them.

The year ending 31st March 2022 was the 28th year of operation for Steps.

Page 2

STEPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE Charitable activities

Overview of the year

Steps has continued to run throughout the lockdowns of the Pandemic demonstrating the commitment to the families that we work with. It has at times been very challenging, but we have overcome every obstacle to ensure that the families receive the care and continuity of service that they need and so rely on.

Our numbers of children grew consistently during the Pandemic as other services were closed. In the last year our numbers of children attending online have reached sixty and we have extended our reach with families attending nationally. We have now re-opened our doors and offer blended sessions of face-to-face teaching and digital delivery. This has had many challenges in technology and staffing, but we have overcome this using our learning to demonstrate what can be achieved. Our flexible type of delivery has the impact on the families that they can choose how they wish to attend and reduce our carbon footprint.

We have found over the years that many of our children have to miss sessions of face-to-face delivery at Steps due to ill health. Our flexible approach to delivery means that children no longer have to miss out and can benefit from attending anywhere in the world.

We continue to listen to parents' needs and we are working towards a new support group for families to enable children to learn to socialise again after the Pandemic and learn essential skills of socialisation.

Our website continues to give essential information to prospective families, professionals, and potential fundraisers. The Team is now using Tapestry as a way of communicating with our families using a private portal that parents can log on to at any point of the day or night to look at their child's journey with us at Steps.

Staffing

Trish Mabbott continues as our Fundraiser and Operations Manager. Her experience in leading the team and her wealth of knowledge of the service has always been exemplary, and she provides Steps with the stability and knowledge that it needs to continue to be an outstanding service. Trish has led the team with the support and guidance of the Trustees over the last twelve months through many challenges and continues to build on relationships with funders.

Janet Russell has the role of Centre and Volunteer Manager. Janet continues in her work to look after the Centre and our volunteers who play a vital role at Steps.

Katy Widdowson is our Website and Communications Manager. This role has been developed due to the new way of working with our families, particularly during the period of the pandemic. Katy has helped us in progressing to achieve greater functionality in the digital world.

Indila Simandi continues as Team Leader for Steps. Her knowledge and commitment to Steps continues to be outstanding. Indila has led on the delivery of the blended sessions for the families and has achieved excellent results. Fiona Holroyd continues as Steps Conductor and a very strong member of the team. Fiona is also working toward her master's degree in Conductive Education.

Mariann Taylor continues as Steps Conductor and her empathy and care for the children remain outstanding.

Reka Simandi is now in her final year of study to become a fully qualified Conductor at Steps. Her work has been exemplary over the last year, and she is a vital part of our team whom the older children and younger parents really find a great support.

Sally Belton continues as our Admin Assistant, her empathy toward the families that come into the Centre is outstanding.

Angie Higgins continues as our part time Finance Officer.

Working with Health and Education

Page 3

STEPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Steps is no longer supported through the area CCG's this continues to have an impact on our funding. Steps continues to keep abreast of new Government initiatives and current Early Years Practice. Our Conductors attend children's review meetings as necessary.

Children

Our numbers of children have increased due to our online delivery. Over the year we have supported sixty children, their siblings, and families. We are now supporting children nationally and have families who attend remotely from across the UK.

During the lockdowns we have seen whole families attending the online sessions and really enjoying being together.

We have offered late afternoon sessions as lockdown is lifted so that families can continue to access the service together and in response to families' wishes. The children are really benefitting being together once more in the sessions and seeing their friends.

At Christmas we managed to hold a Christmas party outside which the families really enjoyed. We also had a canal trip to meet Father Christmas.

Through our new website families' can now access their own children's developmental records at any time of the day and the resources on offer there. This has been an enormous success and the content of the website was developed through parents' and children's ideas.

Staff have continued with Professional Development and have taken part in BBC Children in Need training which they found extremely useful. Indila Simandi and Trish Mabbott share the role of Designated Lead Safeguarding Officers.

Charitable Events

Steps launched an Autumn Winter Appeal in November 2021 which raised over £23,000.

Unfortunately to the Pandemic we were unable to hold our annual fundraiser A Question of Brains and hope to relaunch this in 2023.

Funding events proved difficult over the year as lockdowns continued and this has meant a significant loss in our income over the year. Funding has also been more difficult to obtain during this year due to an increase in demand from other charities who are struggling financially.

The Building

We have had some large repairs in the last year due to general wear and tear of the building consistent with its age. We have also noticed a significant increase in our gas and electricity bills which has had an impact on our finances.

The Future

We are now offering blended sessions for all families, and it has been wonderful to see so many new faces back in our much-loved centre.

We continue to develop good practice in our blended delivery to offer our service to a wider reach of families that so desperately need help.

Funding

Steps does not receive any statutory funding and relies totally on donations and fundraising to continue this free and vital service, which costs £220,000 every year to run. We have had a fall financially in income generated as events have been cancelled.

Page 4

STEPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Applications to Trusts and Foundations have been successful over the year and we have used our finances wisely in accordance with the funding allocated.

Steps is no longer supported by the area CCG's due to their change of funding criteria and this continues to have a big impact on our income generation.

Financial Review

It is the policy of the Trustees to maintain unrestricted general funds not committed or invested in fixed assets at a level which equates with up to three months unrestricted expenditure, in order to provide sufficient funds to finance expenditure on charitable activities and governance costs. Unrestricted funds have remained at that level throughout the year.

The charity had a number of unrestricted funds which have arisen from various grants, donations, and fundraising income to finance expenditure on specific purposes, including the building fund for the old scout hut renovation and ongoing maintenance and future development of this site.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

STEPS is a registered charity and was established under a trust deed dated 29th May 1997 as amended by supplemental deeds dated 19 November 1998, 19 January 2000, 25 March 2003, 23 August 2008, 26 January 2012 and 13 February 2019.

Recruitment and appointment of new trustees

Additional trustees are recruited and appointed by the existing trustees.

Organisational structure

The Trust Deed provides for a minimum of 3 Trustees. The Trustees meet on a regular basis and are responsible for the overall policy for running the charity and advising on all matters relating to staff and finance.

Angie Higgins is the administrator for the Steps Lottery club.

Induction and training of new Trustees

The induction and training of new Trustees is provided by the existing Trustees and external professional training courses, as appropriate to ensure the Trustees fulfill the Charity's objective.

Related parties

Details of related parties and transactions with them are given in the notes to the financial statements.

Risk management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1063143

Page 5

STEPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Principal address

The Old School 40 Loughborough Road Shepshed Loughborough Leicestershire LE12 9DN

Trustees

Mr J Montague (Chairman) Mrs RJN Conley-Rimmington CBE Mr A Carr Mr ME Jermy Ms L Beales Ms J Cooper-Hudson

Independent Examiner

Mr P Bott FCA BSc (Hons) ICAEW Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU

Bankers

CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Approved by order of the board of trustees on 15 November 2022 and signed on its behalf by:

Mr J Montague (Chairman) - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STEPS

Independent examiner's report to the trustees of STEPS

I report to the charity trustees on my examination of the accounts of STEPS (the Trust) for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our work, for this report, or for the opinions we have formed.

Mr P Bott FCA BSc (Hons) ICAEW Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU

15 November 2022

Page 7

STEPS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 96,837 Other trading activities 3 15,342 Investment income 4 5 Total 112,184 EXPENDITURE ON Raising funds 5 35,359 Charitable activities 6 Leicestershire Conductive Education Centre 137,865 Other 10,817 Total 184,041 NET INCOME/(EXPENDITURE) (71,857) Other recognised gains/(losses) Gains on revaluation of fixed assets 205,600 Net movement in funds 133,743 RECONCILIATION OF FUNDS Total funds brought forward 412,759 TOTAL FUNDS CARRIED FORWARD 546,502	Restricted funds £ 92,214 - - 92,214 - 55,978 - 55,978 36,236 - 36,236 78,780 115,016	2022 Total funds £ 189,051 15,342 5 204,398 35,359 193,843 10,817 240,019 (35,621) 205,600 169,979 491,539 661,518	2021 Total funds £ 293,682 12,637 18 306,337 30,578 199,941 - 230,519 75,818 - 75,818 415,721 491,539

The notes form part of these financial statements

Page 8

STEPS

BALANCE SHEET 31 MARCH 2022

Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Debtors 13 Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS	Unrestricted funds £ 529,961 3,048 20,866 23,914 (7,372) 16,542 546,503 546,503	Restricted funds £ 28,195 - 132,153 132,153 (45,333) 86,820 115,015 115,015	2022 Total funds £ 558,156 3,048 153,019 156,067 (52,705) 103,362 661,518 661,518	2021 Total funds £ 358,370 2,536 148,108 150,644 (17,475) 133,169 491,539 491,539

The notes form part of these financial statements

continued...

Page 9

STEPS

BALANCE SHEET - continued 31 MARCH 2022

FUNDS 15 Unrestricted funds: General fund Revaluation reserve Restricted funds TOTAL FUNDS	67,590 478,913 546,503 115,015 661,518	125,379 287,380 412,759 78,780 491,539

The financial statements were approved by the Board of Trustees and authorised for issue on 15 November 2022 and were signed on its behalf by:

Mrs RJN Conley-Rimmington CBE - Trustee

Mr J Montague (Chairman) - Trustee

The notes form part of these financial statements

Page 10

STEPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Government grants

During the year the charity took advantage of the Government's Job Retention Scheme and small business grants in order to mitigate costs against the Coronavirus pandemic, these grants amount to £2,844 and are included as government grants received in the year. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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||| |---|---| |Freehold property|- 2% on cost excluding land| |Fixtures & equipment|- 25% on reducing balance| |Software|- 33% on cost|

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All tangible fixed assets are capitalised and included at cost.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 11

STEPS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity contributes to personal pension schemes in respect of certain employees. The amount charged to the Statement of Financial Activities in respect of pension costs is the contributions payable in the year.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going Concern and COVID-19

From late March 2020 the COVID-19 pandemic had a significant impact on the charity's operations. In order to mitigate costs against the Coronavirus pandemic the charity took advantage of the Government's Job Retention Scheme and Small Business Grants. After reviewing the charity's forecasts and projections, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

2. DONATIONS AND LEGACIES

Gift aid - income tax recoverable Grants Government grants Donations - The Paget Trust Donations - Persimmon Charitable Foundation Donations - Rotary Donations - L Gibbins Donations - PJ Lester Donations - British Gypsum Donations - Nicholas Humphreys Donations - Bernhardi-Derham- Reid Donations - MDS Law Donations - Giving.com Carried forward	2022 £ 1,411 138,856 2,844 - - 3,200 1,500 - - - - - 1,687 149,498	2021 £ 1,654 164,870 54,402 1,000 1,000 1,150 1,000 1,000 850 5,000 10,000 10,000 1,041 252,967

continued...

Page 12

STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

2. DONATIONS AND LEGACIES - continued

Brought forward Donations - Hawthorne Design Donations - Catholic Parish Melbourne Donations - Helen Jean Cope Donations - Zedra Trust Donations - PayPal Giving Donations - Unite Students Donations - Edward Cadbury Charitable Trust Donations - Loughborough C.C. Donations - Hathern WI Donations - Other Donations - Rosemary Conely Donations-STEPS Lottery Winner Donations - Sytner Leicester Donations - A A Alrawl Donations - Martin O'Connor Donations - Caterpillar Cares Donations - Anne White Donations - Healthy Chem Stg Donations - Just Giving	2022 £ 149,498 - - - - 113 - - - - 22,586 270 850 800 1,100 2,000 1,000 1,000 5,000 4,834 189,051	2021 £ 252,967 1,000 1,140 1,500 3,500 2,595 1,584 3,000 2,500 1,000 9,248 - - - - - - - - 13,648 293,682

continued...

Page 13

STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

Leicestershire County Council - Other BBC Children in Need Everards Henry Smith Charity Community Foundation Edith Murphy Foundation Wooden Spoon Society Sobell Foundation Amazon Grant Charitable National Lottery Awards Groundwork UK Tesco Randal Foundation P & C Hickinbotham CAF Resilience Fund Sylvia Adams Charitable Trust Molly's Gift Grant Maud Elkington Grant Intelligent Energy Grant Leicester CMF Greggs Foundation The Hearth Foundation Hastings Direct Leeds Building Society Screwfix The Haramead Trust Gift of A Wish Barratt Homes Trustees of the Lillie C Johnson Trust The Mary Potter Convent Hospital Trust The Gordon Trust Boshier Hinton foundation The Dromintee Trust Ethan UTD Florence Turner Trust JRC Trust Deed Moto In Community Trust The George Ernest Ellish Foundation The Paget Charitable Trust The True Colours Trust Albert Hunt SP The Barbara Ward Children's Foundation	2022 £ 4,000 33,333 2,000 10,000 - 5,700 - 10,000 1,000 - 1,000 25,000 1,000 - - - 1,000 - - - - - - - - - 3,000 500 3,000 2,000 1,873 20,000 3,000 500 500 150 500 1,000 1,800 2,000 5,000 138,856	2021 £ 7,500 5,000 - - 33,220 - 2,000 10,000 - 10,000 4,600 25,000 - 14,250 3,000 300 500 25,000 5,000 500 1,000 2,000 1,000 5,000 5,000 5,000 - - - - - - - - - - - - - - - 164,870

continued...

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STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

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3. OTHER TRADING ACTIVITIES
2022 2021
£ £
Hire of facilities 11,840 11,840
Steps Super Lottery 1,105 250
Other fundraising income 2,397 547
15,342 12,637
4. INVESTMENT INCOME
2022 2021
£ £
Bank interest receivable 5 18
5. RAISING FUNDS
Raising donations and legacies
2022 2021
£ £
Staff costs 34,984 29,845
Other fundraising expenditure 342 599
Support costs 33 134
35,359 30,578
6. CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
£
Leicestershire Conductive Education
Centre 193,843
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continued...

Page 15

STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

7. DIRECT COSTS OF CHARITABLE ACTIVITIES

Staff costs Rates and water Insurance Light and heat Postage, stationery and telephone Advertising Sundries Consumables - toys, equipment, films, photos etc Training and recruitment Staff expenses Repairs and renewals Subscriptions and licences School outings Cleaning IT Costs Depreciation 8. INDEPENDENT EXAMINERS REMUNERATION Independent examiners remuneration	2022 £ 127,179 1,426 4,158 8,453 2,877 - 741 3,888 1,135 1,190 20,513 373 428 4,797 4,586 12,099 193,843 2022 £ 3,883	2021 £ 129,718 1,223 5,366 8,429 3,476 5,850 385 5,306 1,537 449 10,589 (289) 210 1,536 2,431 12,129 188,345 2021 £ 3,698

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021..

continued...

Page 16

STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

10. STAFF COSTS

Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Charitable activities Fundraising and governance		2022 £ 148,512 7,698 5,953 162,163 2022 7 1 8		2021 £ 147,583 6,730 5,250 159,563 2021 8 1 9

No employees received emoluments in excess of £60,000.

Total remuneration in relation to Key Management Personnel, included within the figures above, amounts to £46,120 (2021: £46,102).

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 MARCH 2021
Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
216,682
77,000
Other trading activities
12,637
-
Investment income
18
-
Total
229,337
77,000
EXPENDITURE ON
Raising funds
30,578
-
Charitable activities
Leicestershire Conductive Education Centre
169,513
30,428
Total
200,091
30,428
NET INCOME
29,246
46,572
Transfers between funds
5,893
(5,893)
Net movement in funds
35,139
40,679

Total
funds
£
293,682
12,637
18
306,337
30,578
199,941
230,519
75,818
-
75,818

continued...

Page 17

STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 MARCH 2021
Unrestricted
Restricted
funds
funds
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
377,620
38,101
TOTAL FUNDS CARRIED FORWARD
412,759
78,780
12.
TANGIBLE FIXED ASSETS
Freehold
Fixtures
property
& equipment
Software
£
£
£
COST OR VALUATION
At 1 April 2021
360,000
71,653
17,972
Additions
-
1,200
5,082
Revaluations
190,000
-
-
At 31 March 2022
550,000
72,853
23,054
DEPRECIATION
At 1 April 2021
15,600
64,361
11,294
Charge for year
5,200
1,887
5,009
Revaluation adjustments
(15,600)
-
-
At 31 March 2022
5,200
66,248
16,303
NET BOOK VALUE
At 31 March 2022
544,800
6,605
6,751
At 31 March 2021
344,400
7,292
6,678
Cost or valuation at 31 March 2022 is represented by:
Freehold
Fixtures
property
& equipment
Software
£
£
£
Valuation in 2022
550,000
-
-
Cost
-
72,853
23,054
550,000
72,853
23,054

- continued
Total
funds
£
415,721
491,539
Totals
£
449,625
6,282
190,000
645,907
91,255
12,096
(15,600)
87,751
558,156
358,370
Totals
£
550,000
95,907
645,907

continued...

Page 18

STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

12. TANGIBLE FIXED ASSETS - continued

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

Cost Value of land in freehold land and buildings	2022 £ 250,000 250,000	2021 £ 250,000 250,000

Freehold land and buildings were valued on an open market basis on 27 September 2022 by Sturgis, Snow and Astill LLP.

Included in cost of freehold property is freehold land of £100,000 (2021: £100,000).

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors Tax Prepayments CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accruals and deferred income	2022 £ 517 1,094 1,437 3,048 2022 £ 3,138 49,567 52,705	2021 £ 1,162 1,265 109 2,536 2021 £ 829 16,646 17,475

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

continued...

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STEPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. MOVEMENT IN FUNDS

Unrestricted funds General fund Revaluation reserve Restricted funds Building fund Question of Brains LCC Community Fund Screwfix Henry Smith Grant Digital Fund The Sobell Foundation BBC Children in Need Barratt Homes Amazon Community Lillie Johnson Trust Mary Potter Trust Maud Elkinton Charitable Trust The Gordon Trust The Everard Foundation Boshier Hinton Foundation Dromitee Trust The Randal Charitable Foundation TOTAL FUNDS	At 1.4.21 £ 125,379 287,380 412,759 25,492 1,104 7,500 5,000 4,167 35,517 - - - - - - - - - - - - 78,780 491,539	Net movement in funds £ (71,856) 205,600 133,744 (5,351) - - - - (495) 1,667 8,333 3,000 1,000 500 3,000 1,000 2,000 2,000 831 12,500 6,250 36,235 169,979	Transfers between funds £ 14,067 (14,067) - - - - - - - - - - - - - - - - - - - - -	At 31.3.22 £ 67,590 478,913 546,503 20,141 1,104 7,500 5,000 4,167 35,022 1,667 8,333 3,000 1,000 500 3,000 1,000 2,000 2,000 831 12,500 6,250 115,015 661,518

continued...

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund Revaluation reserve Restricted funds Building fund Henry Smith Grant Digital Fund The Sobell Foundation BBC Children in Need Barratt Homes Amazon Community Lillie Johnson Trust Mary Potter Trust Maud Elkinton Charitable Trust The Gordon Trust The Everard Foundation Boshier Hinton Foundation Dromitee Trust The Randal Charitable Foundation TOTAL FUNDS	Incoming resources £ 112,184 - 112,184 - 10,000 6,800 10,000 33,333 3,000 1,000 500 3,000 1,000 2,000 2,000 831 12,500 6,250 92,214 204,398	Resources expended £ (184,040) - (184,040) (5,351) (10,000) (7,295) (8,333) (25,000) - - - - - - - - - - (55,979) (240,019)	Gains and Movement losses in funds £ £ - (71,856) 205,600 205,600 205,600 133,744 - (5,351) - - - (495) - 1,667 - 8,333 - 3,000 - 1,000 - 500 - 3,000 - 1,000 - 2,000 - 2,000 - 831 - 12,500 - 6,250 - 36,235 205,600 169,979

continued...

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.4.20
in funds
£
£
Unrestricted funds
General fund
76,173
29,246
Revaluation reserve
301,447
-
377,620
29,246
Restricted funds
Building fund
30,894
(5,402)
School trips
260
(210)
Computer fund
1,564
-
Question of Brains
1,104
-
Interactive floor fund
4,279
-
LCC Community Fund
-
7,500
Screwfix
-
5,000
Henry Smith Grant
-
4,167
Digital Fund
-
35,517
38,101
46,572
TOTAL FUNDS
415,721
75,818
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
229,337
Restricted funds
Building fund
-
School trips
-
LCC Community Fund
7,500
Screwfix
5,000
Henry Smith Grant
20,000
Digital Fund
44,500
77,000
TOTAL FUNDS
306,337

Transfers
between
At
funds
31.3.21
£
£
19,960
125,379
(14,067)
287,380
5,893
412,759
-
25,492
(50)
-
(1,564)
-
-
1,104
(4,279)
-
-
7,500
-
5,000
-
4,167
-
35,517
(5,893)
78,780
-
491,539
Resources
Movement
expended
in funds
£
£
(200,091)
29,246
(5,402)
(5,402)
(210)
(210)
-
7,500
-
5,000
(15,833)
4,167
(8,983)
35,517
(30,428)
46,572
(230,519)
75,818

continued...

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STEPS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. MOVEMENT IN FUNDS - continued

Building Fund

The Building Fund represents the amount of grants, donations and fundraising income which have been specifically received to finance the purchase, refurbishment and improvement of the freehold property at St Botolph's Old School. This was purchased in the year ended 31 March 2007 and subsequent expenditure has been incurred on refurbishment, improvements and the purchase of equipment. This includes the value of donated building work and related professional services provided to the charity free of charge in the year ended 31 March 2008. The cost of this expenditure has been reduced by depreciation as appropriate to reduce the value of these assets over their useful economic life.The freehold property has been revalued by Sturgis, Snow & Astill Commercial Property Consultants in September 2022. The revaluation has been reflected in the current year financial statements.

Question of Brains Fund

The Question of Brains Fund represents the amount of grants, donations and fundraising income which have been specifically received in connection with the annual Question of Brains fundraising event.

Screwfix

The Screwfix Fund represents the amount of grant income which has been specifically received to finance capital works.

LCC Community Fund

The LCC Community Fund represents the amount of grant income which has been specifically received to finance the salaries of two employees. This amount is expected to be expended in full during the year to 31 March 2022.

Henry Smith Fund

The Henry Smith Fund represents the amount of grant income which has been specifically received to finance the salary of one employee. This amount is expected to be expended in full during the year to 31 March 2023.

Digital Fund

The Digital Fund represents the amount of grants, donations and fundraising income which have been specifically received to finance the development and ongoing costs associated with online sessions and services.

The Sobell Foundation

The Sobell Foundation Fund represents the amount of grant income which has been specifically received to finance the salary of one employee. This amount is expected to be expended in full during the year to 31 March 2023.

BBC Children in Need

The BBC Children in Need Fund represents the amount of grant income which has been specifically received to finance the salary of two employees. This amount is expected to be expended in full during the year to 31 March 2023.

The Randal Charitable Foundation

The Randal Charitable Foundation Fund represents the amount of grant income which has been specifically received to fund 5 children's places. This amount is expected to be expended in full during the year to 31 March 2023.

Dromitee Trust

Dromitee Fund represents the amount of grant income which has been specifically received to finance the salary of one employee. This amount is expected to be expended in full during the year to 31 March 2023.

Amazon Community

continued...

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STEPS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. MOVEMENT IN FUNDS - continued

The Amazon Community Fund represents the amount of grant income which has been specifically received to finance sessional costs. This amount is expected to be expended in full during the year to 31 March 2023.

Lillie Johnson Trust

The Lillie Johnson Trust Fund represents the amount of grant income which has been specifically received to finance sessional costs. This amount is expected to be expended in full during the year to 31 March 2023.

Mary Potter Trust

The Mary Potter Trust Fund represents the amount of grant income which has been specifically received to finance sessional costs. This amount is expected to be expended in full during the year to 31 March 2023.

Maud Elkington Charitable Trust

The Maud Elkington Charitable Trust Fund represents the amount of grant income which has been specifically received to finance sessional costs. This amount is expected to be expended in full during the year to 31 March 2023.

The Gordon Trust

The Gordon Trust represents the amount of grant income which has been specifically received to finance capital works.

Boshier Hinton Foundation

The Boshier Hinton Foundation represents the amount of grant income which has been specifically received to finance the purchase of a new capital item.

The Everard Foundation

The Everard Foundation represents the amount of grant income which has been specifically received to finance capital works.

Barratt Homes

The Barratt Homes Fund represents the amount of grant income which has been specifically received to finance sessional costs and taxi costs./ This amount is expected to be expended in full during the year to 31 March 2023.

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

17. PENSION COMMITMENTS

The charity contributes to personal pension schemes in respect of certain employees. The amount charged to the Statement of Financial Activities in respect of pension costs this year was £5,953 (2021: £5,250). The amount outstanding at the year end was £nil (2021: £nil).

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STEPS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

INCOME AND ENDOWMENTS Donations and legacies Gift aid - income tax recoverable Grants Government grants Donations - The Paget Trust Donations - Persimmon Charitable Foundation Donations - Rotary Donations - L Gibbins Donations - PJ Lester Donations - British Gypsum Donations - Nicholas Humphreys Donations - Bernhardi-Derham- Reid Donations - MDS Law Donations - Giving.com Donations - Hawthorne Design Donations - Catholic Parish Melbourne Donations - Helen Jean Cope Donations - Zedra Trust Donations - PayPal Giving Donations - Unite Students Donations - Edward Cadbury Charitable Trust Donations - Loughborough C.C. Donations - Hathern WI Donations - Other Donations - Rosemary Conely Donations-STEPS Lottery Winner Donations - Sytner Leicester Donations - A A Alrawl Donations - Martin O'Connor Donations - Caterpillar Cares Donations - Anne White Donations - Healthy Chem Stg Donations - Just Giving Other trading activities Hire of facilities Steps Super Lottery Carried forward	2022 £ 1,411 138,856 2,844 - - 3,200 1,500 - - - - - 1,687 - - - - 113 - - - - 22,586 270 850 800 1,100 2,000 1,000 1,000 5,000 4,834 189,051 11,840 1,105 12,945	2021 £ 1,654 164,870 54,402 1,000 1,000 1,150 1,000 1,000 850 5,000 10,000 10,000 1,041 1,000 1,140 1,500 3,500 2,595 1,584 3,000 2,500 1,000 9,248 - - - - - - - - 13,648 293,682 11,840 250 12,090

This page does not form part of the statutory financial statements

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Other trading activities Brought forward Other fundraising income Investment income Bank interest receivable Total incoming resources EXPENDITURE Raising donations and legacies Wages Social security Pensions Other fundraising expenditure Charitable activities Wages Social security Pensions Rates and water Insurance Light and heat Postage, stationery and telephone Advertising Sundries Consumables - toys, equipment, films, photos etc Training and recruitment Staff expenses Repairs and renewals Subscriptions and licences School outings Cleaning IT Costs Depreciation of tangible fixed assets	2022 £ 12,945 2,397 15,342 5 204,398 30,528 2,994 1,462 342 35,326 117,984 4,704 4,491 1,426 4,158 8,453 2,877 - 741 3,888 1,135 1,190 20,513 373 428 4,797 4,586 12,099 193,843	2021 £ 12,090 547 12,637 18 306,337 26,327 2,421 1,097 599 30,444 121,256 4,309 4,153 1,223 5,366 8,429 3,476 5,850 385 5,306 1,537 449 10,589 (289) 210 1,536 2,431 12,129 188,345

This page does not form part of the statutory financial statements

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Support costs Finance Bank charges Governance costs Independent examiners remuneration Professional fees Total resources expended Net (expenditure)/income	2022 £ 270 3,883 6,697 10,580 240,019 (35,621)	2021 £ 731 3,698 7,301 10,999 230,519 75,818

This page does not form part of the statutory financial statements

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