**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** **----- Start of picture text -----**
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
**----- End of picture text -----**
**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: 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. ## **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. Page 1 **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. Page 2 **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. Page 3 **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 Page 4 **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 Page 5 **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: 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) 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 Page 6 **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 Page 7 **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 Page 8 **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... Page 9 **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... Page 10 **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| |---|---|---| continued... Page 11 **STEPS** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** **----- Start of picture text -----**
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
**----- End of picture text -----**
continued... Page 12 **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... Page 13 **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... Page 14 **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| |---|---|---| continued... Page 15 **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**| |---|---|---|---|---| continued... Page 16 **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... Page 17 **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| |---|---|---|---|---| continued... Page 18 **STEPS** **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| |---|---|---|---| ## **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... Page 19 **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** continued... Page 20 **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). Page 21 **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| |---|---|---| This page does not form part of the statutory financial statements Page 22 **STEPS** ## **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)| |---|---|---| This page does not form part of the statutory financial statements Page 23