**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**
**----- Start of picture text -----**
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
**----- End of picture text -----**
**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:
1. 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.
2. 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.
3. 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.
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:
1. 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; or
3. 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.
**----- Start of picture text -----**
|||
|---|---|
|Freehold property|- 2% on cost excluding land|
|Fixtures & equipment|- 25% on reducing balance|
|Software|- 33% on cost|
**----- End of picture text -----**
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...
Page 14
**STEPS**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
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
**----- End of picture text -----**
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...
Page 19
**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...
Page 20
**STEPS**
**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...
Page 21
**STEPS**
**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...
Page 22
**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...
Page 23
**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.
continued...
Page 24
**STEPS**
**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).
Page 25
**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
Page 26
## **STEPS**
## **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
Page 27
**STEPS**
## **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
Page 28