REGISTERED CHARITY NUMBER: 1063143
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
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 2023
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Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 21
Detailed Statement of Financial Activities 22 to 23
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STEPS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. 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:
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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.
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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.
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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.
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. We work 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 we take children from a few weeks old into our sessions. 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. We focus on the children and not their disability. Every small achievement the children make is greatly applauded and child and parent are encouraged every step of the way. The service is a lifeline to the families and children of the East Midlands and has helped hundreds of children over the years since its inception in 1994 with a very established, core team of professionals who work with the children in our care. Our team are all qualified practitioners who in the majority have worked at Steps directly with the children for many years. We are led and managed by an experienced board of Trustees, two of whom have children who have attended the Steps sessions and have lived through the experience.
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 to 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 year ending 31st March 2023 was the 29th year of operation for Steps.
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STEPS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
ACHIEVEMENT AND PERFORMANCE Charitable activities
Overview of the year
The numbers of children needing our support continues to grow and the complex needs of those children that access our service have become more varied.
Our service is now running its face-to-face sessions daily from which the children have greatly benefitted. We are confident that everyone may access our service and have improved in this area in the last two years, after living through the pandemic and the changes that it brought about. This has meant that we now offer blended sessions of face-to-face as well as online sessions. These have been an outstanding success, making our centre so much more accessible to all families who desperately need help. Although we realise that our online service is not as comprehensive as our face-to-face teaching, it has meant that families do not have to travel for miles to access our sessions. Because of this method of delivery, we are now able to allow more children per session therefore opening it up to a wider audience. Accordingly, we have become a national charity and one that has become more widely known.
In practice, we have a mixed diversity of people that actively engage with us. Some of the Steps Trustees and staff team have lived experience of the challenges that our families are going through which we feel really benefits our service users.
Steps children need continuity of care and have built up long relationships with our team of trust and understanding, helping them to achieve their maximum potential. Although the core work of our Centre has not changed, the emotional wellbeing of our children and the whole family is something that concerns us. It has become more prevalent in our work in the last two years since the pandemic. We feel that this was due to a lot of families being very isolated during the periods of lockdown fur to Covid 19 and many children missed out on socialisation and building relationships with their peers. The after effects of this time, and the current cost of living crisis which a lot of our families are going through, is having a deep and lasting effect on family wellbeing. Our team have undertaken further training to support our children and their families and wish to broaden our work in this area as we feel that it is needed. To support this, we have introduced a new group called Chatterbox which has been a great success. This part of the session takes place every day for the first half hour and settles the children into the routine. Chatterbox encourages speech and language development for our children and early communication skills. Parents/carers also benefit from this part of the session as they can talk with other parents who share similar life experiences.
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 offer 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.
Natalie Roberts has joined us as Centre Manager, Natalie joined Steps in September 2022 after a long career in Early Years Education. Natalie has come from a management role in a pre-school attached to a local primary school and has also worked in other school settings as well as the private Nursery sector. Natalie lives locally and supports Trish Mabbott our Fundraiser and Operations Manager by managing the Steps Centre, coordinating events and visits to support the activities of the charity.
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 is a very skilled and strong member of the team.
Mariann Taylor continues as Steps Conductor and her empathy and care for the children remain outstanding.
Reka Simandi is now a fully qualified Conductor and continues in her employment with Steps.
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STEPS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
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
Steps is no longer supported through the area CCGs and 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 fifty children, their siblings, and families. We continue with some blended sessions which attract families from a wider geographical area.
We have had several successful Family Activity weeks during the year and the children, and their families, have enjoyed trips to the theatre, the Zoo and on a canal trip. Bonding is crucially important for the children and families, and we understand that the stresses of family life have increased in recent times, making this something that is harder for our families to achieve. Building memories is very important for the children and parents under our care as many of the children have life-limiting conditions and illnesses. Siblings also really enjoy spending time as a whole family bonding with their disabled brother or sister and enjoying some family special times.
Through the private portal within the Steps 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 throughout the year. Indila Simandi and Natalie Roberts share the role of Designated Lead Safeguarding Officers.
Charitable Events
British Gypsum chose Steps to be their nominated Charity of the Year for their annual cycle ride to Skegness raising £38,180.
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 over previous years (2021 and prior) which has had an impact on our finances, these have been offset to an extent by Glebe house settling their portion of heat and light costs in 2023.
The Future
This year we have continued to see high numbers of children accessing the service and all sessions are full. This service is a lifeline to the families and children of the East Midlands and those further afield through our online sessions. Steps has helped hundreds of children over the years since its inception in 1994 with a very established, core team of dedicated professionals who work tirelessly with the children in our care. We constantly look for ways to improve our service and support the challenges that our families are faced with on a daily basis.
Funding
The last two years' fundraising has been particularly challenging for us as companies and organisations are still feeling the effects of the previous two years and we have used our finances wisely in accordance with the funding allocated. We rely totally on the kindness of Trusts and Foundations to support our work to continue this free-to-families, vital service.
Steps is no longer supported by the area CCGs due to their change of funding criteria and this continues to have a big impact on our income generation.
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STEPS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
Reserves policy
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.
On 31 March 2023, the total funds held were £649,846. This includes £544,293 in tangible fixed assets and £74,052 in restricted funds. The level of unrestricted funds held as at 31 March 2023 excluding the value of the freehold property was £47,060, which is in line with the policy above.
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 an 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
Principal address
The Old School 40 Loughborough Road Shepshed Loughborough Leicestershire LE12 9DN
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STEPS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
Trustees
Mr J Montague (Chairman) Mrs RJN Conley-Rimmington CBE Mr A Carr Ms L Beales Ms J Cooper-Hudson Dr AIA Lennox (appointed 1.2.2023)
Independent Examiner
Mr P Bott FCA BSc (Hons) Institute of Chartered Accountants in England and Wales 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
Virgin Money 3 East Gates Leicester LE1 5YA
Approved by order of the board of trustees on 19 December 2023 and signed on its behalf by:
Mr J Montague (Chairman) - Trustee
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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 2023.
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:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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) Institute of Chartered Accountants in England and Wales Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
20 December 2023
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STEPS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 138,230 Other trading activities 3 13,177 Investment income 4 450 Total 151,857 EXPENDITURE ON Raising funds 5 35,521 Charitable activities 6 Leicestershire Conductive Education Centre 75,077 Other 11,970 Total 122,568 NET INCOME/(EXPENDITURE) 29,289 Other recognised gains/(losses) Gains on revaluation of fixed assets - Net movement in funds 29,289 RECONCILIATION OF FUNDS Total funds brought forward 546,503 TOTAL FUNDS CARRIED FORWARD 575,792 |
Restricted funds £ 92,483 - - 92,483 - 133,444 - 133,444 (40,961) - (40,961) 115,015 74,054 |
2023 Total funds £ 230,713 13,177 450 244,340 35,521 208,521 11,970 256,012 (11,672) - (11,672) 661,518 649,846 |
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 |
|---|---|---|---|
The notes form part of these financial statements
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STEPS
BALANCE SHEET 31 MARCH 2023
| 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 FUNDS 15 Unrestricted funds: General fund Revaluation reserve Restricted funds TOTAL FUNDS |
Unrestricted funds £ 528,734 4,798 49,883 54,681 (7,621) 47,060 575,794 575,794 |
Restricted funds £ 15,559 - 91,827 91,827 (33,334) 58,493 74,052 74,052 |
2023 Total funds £ 544,293 4,798 141,710 146,508 (40,955) 105,553 649,846 649,846 107,148 468,646 575,794 74,052 649,846 |
2022 Total funds £ 558,156 3,048 153,020 156,068 (52,706) 103,362 661,518 661,518 67,590 478,913 546,503 115,015 661,518 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 19 December 2023 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
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STEPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
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
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.
Freehold property - 2% on cost excluding land Fixtures & equipment - 25% on reducing balance Software - 33% on cost
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.
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.
continued...
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STEPS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES - continued
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.
2. DONATIONS AND LEGACIES
| Gift aid - income tax recoverable Grants Government grants Donations - Rotary Donations - L Gibbins Donations - British Gypsum Donations - Giving.com Donations - PayPal Giving 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 - Facebook Donations - P Curley Donations - Just Giving Donations - Brush Consolidated Donations - GM Hodges Donations - M Duke |
2023 £ 4,125 95,247 - 4,350 - 16,025 - - 20,211 6,875 - - - - - - - 4,085 1,500 27,044 26,250 20,000 5,001 230,713 |
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 |
|---|---|---|
continued...
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STEPS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
2. DONATIONS AND LEGACIES - continued
Grants received, included in the above, are as follows:
| Leicestershire County Council - Other BBC Children in Need Next PLC The George Ernest Ellis Foundation Everards Henry Smith Charity Edith Murphy Foundation Sobell Foundation Amazon Grant Charitable National Lottery Awards Groundwork UK Tesco Randal Foundation P & C Hickinbotham Maud Elkington Grant 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 Caterpillar Cares Sir Andrew Martin Trust Skipton Building Society David Soloman Charitable Trust Trustees of Edgar E Lawley Foundation The J Reginauld Corah Foundation |
2023 £ - 33,333 12,000 500 - 10,000 - - - 30,866 - - - - - - - - - - 765 500 - - - - - - - 800 1,000 2,483 1,000 1,500 500 95,247 |
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 |
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continued...
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STEPS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
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3. OTHER TRADING ACTIVITIES
2023 2022
£ £
Hire of facilities 12,532 11,840
Steps Super Lottery 630 1,105
Other fundraising income 15 2,397
13,177 15,342
4. INVESTMENT INCOME
2023 2022
£ £
Bank interest receivable 450 5
5. RAISING FUNDS
Raising donations and legacies
2023 2022
£ £
Staff costs 35,229 34,984
Other fundraising expenditure 246 342
Support costs 46 33
35,521 35,359
6. CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
£
Leicestershire Conductive Education
Centre 208,521
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STEPS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
7. DIRECT COSTS OF CHARITABLE ACTIVITIES
8.
| Staff costs Rates and water Insurance Light and heat Postage, stationery and telephone Sundries Consumables - toys, equipment, films, photos etc Training and recruitment Staff expenses Repairs and renewals Subscriptions and licences School outings Cleaning IT Costs Depreciation INDEPENDENT EXAMINERS REMUNERATION Independent examiners remuneration |
2023 £ 134,053 2,036 5,577 6,459 4,410 1,293 3,779 1,511 2,129 17,886 330 1,619 8,934 3,557 14,948 208,521 2023 £ 4,116 |
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 |
|---|---|---|
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor 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 |
2023 £ 154,292 8,090 6,900 169,282 2023 7 1 8 |
2022 £ 148,512 7,698 5,953 162,163 2022 7 1 8 |
||
|---|---|---|---|---|
continued...
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STEPS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
10. STAFF COSTS - continued
No employees received emoluments in excess of £60,000.
Total remuneration in relation to Key Management Personnel, included within the figures above, amounts to £46,811 (2022: £46,120).
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 MARCH 2022
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 96,837 Other trading activities 15,342 Investment income 5 Total 112,184 EXPENDITURE ON Raising funds 35,359 Charitable activities 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 |
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 |
|---|---|---|
continued...
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STEPS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
12. TANGIBLE FIXED ASSETS
| COST At 1 April 2022 Additions At 31 March 2023 DEPRECIATION At 1 April 2022 Charge for year At 31 March 2023 NET BOOK VALUE At 31 March 2023 At 31 March 2022 |
Freehold Fixtures property & equipment £ £ 550,000 72,853 - - 550,000 72,853 5,200 66,248 9,000 1,440 14,200 67,688 535,800 5,165 544,800 6,605 |
Software £ 23,054 1,085 24,139 16,303 4,508 20,811 3,328 6,751 |
Totals £ 645,907 1,085 646,992 87,751 14,948 102,699 544,293 558,156 |
|---|---|---|---|
Included in cost of freehold property is freehold land of £100,000 (2022: £100,000).
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors Tax Prepayments 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accruals and deferred income |
2023 £ 379 2,912 1,507 4,798 2023 £ 3,164 37,791 40,955 |
2022 £ 517 1,094 1,437 3,048 2022 £ 3,138 49,568 52,706 |
|---|---|---|
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STEPS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
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 Trustees of Edgar E Lawley Foundation David Soloman Charitable Trust Skipton Building Society Fibre Optics National Lottery Community Fund Sir Andrew Martin Trust TOTAL FUNDS |
At 1.4.22 £ 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 |
Net movement in funds £ 29,291 - 29,291 (9,114) 12,000 (7,500) - - (17,278) (1,667) - (2,000) (1,000) (500) (3,000) (1,000) - - (238) (10,000) (6,250) 1,500 1,000 1,645 800 1,139 500 (40,963) (11,672) |
Transfers between funds £ 10,267 (10,267) - - - - - - - - - - - - - - - - - - - - - - - - - - - |
At 31.3.23 £ 107,148 468,646 575,794 11,027 13,104 - 5,000 4,167 17,744 - 8,333 1,000 - - - - 2,000 2,000 593 2,500 - 1,500 1,000 1,645 800 1,139 500 74,052 649,846 |
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STEPS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Building fund Question of Brains LCC Community 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 Boshier Hinton Foundation Dromitee Trust The Randal Charitable Foundation Trustees of Edgar E Lawley Foundation David Soloman Charitable Trust Skipton Building Society Fibre Optics National Lottery Community Fund Sir Andrew Martin Trust TOTAL FUNDS |
Incoming resources £ 151,857 - 12,000 - 10,000 1 - 33,333 - - - - - - - - 1,500 1,000 2,483 800 30,866 500 92,483 244,340 |
Resources Movement expended in funds £ £ (122,566) 29,291 (9,114) (9,114) - 12,000 (7,500) (7,500) (10,000) - (17,279) (17,278) (1,667) (1,667) (33,333) - (2,000) (2,000) (1,000) (1,000) (500) (500) (3,000) (3,000) (1,000) (1,000) (238) (238) (10,000) (10,000) (6,250) (6,250) - 1,500 - 1,000 (838) 1,645 - 800 (29,727) 1,139 - 500 (133,446) (40,963) (256,012) (11,672) |
|---|---|---|
continued...
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STEPS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
15. MOVEMENT IN FUNDS - continued
Comparatives for 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 |
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continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
15. MOVEMENT IN FUNDS - continued
Comparative 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 |
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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 was revalued in September 2022 and the Trustees agree this value in the year ended 31 March 2023.
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. This amount is expected to be expended in full during the year to 31 March 2024.
Screwfix
The Screwfix Fund represents the amount of grant income which has been specifically received to finance capital works.
Henry Smith Fund
continued...
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STEPS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
15. MOVEMENT IN FUNDS - continued
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 2024.
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.
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 2024.
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.
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 2024.
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.
Edgar E Lawley Foundation
The Edgar E Lawley Foundation Fund represents the amount of grant income which has been specifically received to finance volunteer costs.
David Soloman Charitable Trust
The David Soloman Charitable Trust Fund represents the amount of grant income which has been specifically received to finance trips & events. This amount is expected to be expended in full during the year to 31 March 2024.
Skipton Building Society
The Skipton Building Society Fund represents the amount of grant income which has been specifically received to finance children's toys and equipment. This amount is expected to be expended in full during the year to 31 March 2024.
Caterpillar Cares
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STEPS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
15. MOVEMENT IN FUNDS - continued
The Caterpillar Cares Fund represents the amount of grant income which has been specifically received to finance installation of fibre optic sensory lights. This amount is expected to be expended in full during the year to 31 March 2024.
National Lottery
The National Lottery Fund represents the amount of grant income which has been specifically received to finance ongoing costs including salaries, utilities and trips. This amount is expected to be expended in full during the year to 31 March 2024
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
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 £6,890 (2022: £5,953). The amount outstanding at the year end was £nil (2022: £nil).
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STEPS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
| INCOME AND ENDOWMENTS Donations and legacies Gift aid - income tax recoverable Grants Government grants Donations - Rotary Donations - L Gibbins Donations - British Gypsum Donations - Giving.com Donations - PayPal Giving 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 - Facebook Donations - P Curley Donations - Just Giving Donations - Brush Consolidated Donations - GM Hodges Donations - M Duke Other trading activities Hire of facilities Steps Super Lottery Other fundraising income Investment income Bank interest receivable Total incoming resources EXPENDITURE Raising donations and legacies Wages Carried forward |
2023 £ 4,125 95,247 - 4,350 - 16,025 - - 20,211 6,875 - - - - - - - 4,085 1,500 27,044 26,250 20,000 5,001 230,713 12,532 630 15 13,177 450 244,340 30,575 30,575 |
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 2,397 15,342 5 204,398 30,528 30,528 |
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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 2023
| Raising donations and legacies Brought forward Social security Pensions Other fundraising expenditure Charitable activities Wages Social security Pensions Rates and water Insurance Light and heat Postage, stationery and telephone 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 Support costs Finance Bank charges Governance costs Independent examiners remuneration Professional fees Total resources expended Net expenditure |
2023 £ 30,575 3,125 1,529 246 35,475 123,717 4,965 5,371 2,036 5,577 6,459 4,410 1,293 3,779 1,511 2,129 17,886 330 1,619 8,934 3,557 14,948 208,521 163 4,116 7,737 11,853 256,012 (11,672) |
2022 £ 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 12,099 193,843 270 3,883 6,697 10,580 240,019 (35,621) |
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This page does not form part of the statutory financial statements
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