REGISTERED COMPANY I¥UMBER: 114625150 (England 2nd lTrales) REGISTERED CHARITY NUryIBER: 1097134 REPORT OF THE TRLSTEES UIN.4LIDITED FifiLNCIAL ST.4TEMENTS FOR THE .4R Ef*DED 31 ocfoBER 2021 FOR STEPPLIG STONES LIMITED Killicks LElled 35137 Kingswa) Kirkbs in Ashfield NG177DR
STEPPLJG STOJES LIMITED CONTENTS OF THE FIN'.4NCIAL STATEIIENTS FOR THE IE.4R EINDED 31 OCTOBER 2021 Page statet •[ Fwuciai Acti)ities 5 to 6 •tes t• the FwDcia] Stgtemellts 7 to 11 De*atd Ststemelli of FiDaDciai.4ctiiities 12
STEPPTNG STOJES OTTS LITrIITED CIL4IILII.LS"S REPORT FOR THE I"E.4R EJDED 31 OCTOBER 2021 Hi and welcom¢ to this, mj AJ]nual Re- Light ai the end of the tuDn¢l? As I this are getting lo[dS the endgame with regards to Covid 19? If li'e ar¢ then let TDe taL"e a nx>lltnt to ple rttotd uty. thauks to all those bav¢ supportcd all thos¢ who reside at Castle Strcet these last cow)le ol)-C3ts'. M). thanks atso to Tni fellow tnistees for theit supplrt in that w&s a trying time for me Covid look its toll OD the fanvty. During ibe vear as Colid wtre knNrred V4r were able w arrange aciii"iiies for the tcnants ai Casile Strc¢t. A da}. trip to the wide. HallotsreEL disco a xlivi being a small samplc of what was made aNailable. Also. the Tnjstees bai"e a¢£d w wii-ith an enbaemertt to Castle Streci by aY of proiryding a c4)vered wting area ouiside the art ThisTh f(kn7ti_q dISclon V4ith both the tcDants and support staff. 0.er the s'eat rnrriuj irtx OD wradjll-ts and repairing sei'eral of thc bathrooms at Castl¢ Street and stvcral of the boilers ba%"e h&1 to IK reple41 As a le>-t of tr laier the Trustces bai"e decided thai it iiDuld be in the besi interests of all io replace all ts tM)ikrs as of thctll been ill place since the flats wcre fs[ opencd and are therefore, not efficieut as thc%' c(wkl Ix. We ¢OntEn to V47th all a£aKies Casde Street and I hope that as we come oui of the shadow of the pandeElliC. can kx)k at relall"i)Dsbips Bith them 2nd look for wa}'s that ure can improve. It is & 'fluid' arranvemeni ttol "¢ hai"t arrfl mie%ing our atrangemcnts Thiih them TrI1, I believe, see us proiiding an even bellei seThict to tlxlse VIE AW)TL So. tille O?1 bast¢ a lVe)"qUIet star. dLf tlDh. the palldemic. lei us not lorgei the fact that Stcppin£ Stoti is a st] cloriTh'. it bi(r enough delii'¢r N'et Small enougb io car¢ for and ¢i."eryone Connected to the charitj. As we entct Ir" ttr T[ee5 to ub)nitor issues ai Castle Streel look at Ways to attrnct new. members and Trustee& SUPFth and E]¢Ome ide&s. Consttuctive critics, or commenls. Take carc Suy Safe )wagaiL for }our and supportl
STEPPING STO5$ OTTS LJTrIITED REPORT OF THE TRLSTEES FOR THE I"E_4R EISDED 31 OCTOBER 2021 The trnstces, who are alsg Direcwt5 for pwFrt)ses of the Companies ACL sub1[1 their annual report and the u[udited f][ntIal staiem¢nts of the charit%" lor th¢ Ntar amkd 31st (ktobcr 20:. 1. The trustees hav¢ adopred the provisions of the Statenient of Recommended Prxtice ISORTrI -.4tt¢AmtiDg and Reporting Cbarities" issued in 2005 in preparing the annual report and funCIal statcllnts of the cbw. The clwity is a charitsbk c(wAn} limit by g3¢ and aS s¢1 up 24th December 2002. 11 is governed by a mctnorandumand artÉclcs of as9X] ACHIE1)1£.ThTr PERFOILIL&NCE The TnLStees re£ogllise fOih)v•e for their adi'ice and support during the year: _ Enable - Choice Support - The Clortty is pleAsed Tepxt it c1]nueS Wd)S to b¢ a 'Lifewle Enablel for those li'e suppoL Those we supported in this Irar e. . Clo%Th Chtp. Valentines Club- C4)okery courses {B&sed at Castle Street) The Charri. 10$ 29JroJ atsj 94yon OTganisatioTrs allied to our area of care pioi'ision for people with learning th"fficultit> iti 2te& To . elld th¢ ChariTh, has appoillted two of thc Tntsiees to be resptsnsiblc for identifyi0 ttoe to p)ntially proiide aoy support. Results Ye The Re in Aw"1 ?019 bas COSLtinucd throughout this year aDd is tbe main 50ur¢e of Income to s tion of the AccouDLS and the continuing appoinuneni of Killicks Lirnited for the cuttenl V5 utmkr ts mcuM)tanth]m and artieles of associatiotl dated 24th Dccctuber 2002. of tr dorits" are kg3ll%' resy>llsible foi the overall manaeemcni of th¢ charity. All dccissons made are ratilied at of a committee of trustees. In the case of a displlte ai a ¢on]tniftee tnee¢iDg, the de¢ision will of tr L-IwiTh" ae reSp)le lor thc mallaoemeThi of risks faced bs. th¢ charity. Senior mcmbcrg of the a re47C' of risk5 that the clwi"ry" be eip)sed lo. Ivhere appropriate. procedures haTrc bccn REFERENCE DET.4ILS it%" *xs . 3DJ is regjsteffd Thith the Chan"ry Com)ission under clwity nuttther 1097134 AM01ab). ord7ofts of I>EL 8 Math:. O)? aSMI >i4Ded on bebalf by: Page ?
STEPPLNG STONES LIlITED REPORT OF THE TRLTSTEES FOR THE IT.4R ENDED 31 OCTOBER 2021 MsWEO'Harn.Tr Page 3
STEPPLNG STO5$ LlllllTED STATE%IEJT OF FL).thCIAL ACTIVITIES FOR THE IE.4R EJDED 31 OCTOBER 2021 2021 2020 Unrestricted Total fund funds INCOIIE ENI)0ISTrIE%15 FRO 57 Donatiotb aud leoaciL 62 Ini'csttDent iucon Other incotE 37,100 32,559 500 Tot21 37,162 33,116 EXPE)DtrLwE O Other 6J54 5.477 'ET L%COlfE 3(1,808 27,639 RECONCiLL4TION OF Total fuods br•yhi f•vw*rd 1,415,592 1.387,953 TOT.4L FiThI)S C4RRLED FORB".4BJ 1,446,400 1,415.592 COJryLNIThG OPEIL4TIONS The notes forn] part of these financial statetnents
STEPPL%G STONIS i%oThs LIMITED B.4L.%cE SHEET 31 OCTOBER 2021 2021 2020 Unrestricted Total fund funds FIXED.4SSEI5 Tanoible assets 1.162,075 1,146,603 CLryiRE%T.4SSETS Debtot5 Casb af baDk 8,655 275,670 2,67) 266,314 284,325 268,989 ET CLTRRLNT.[[s 284J25 268,989 TOT.4L.4SSETS LESS LI.IBtLttlES 1,446,41)0 1,415,592 INET.ASSEts 1,446.4110 1,415.592 Unrest[icl f 1,446,401 1,415,592 TOT.4L FiThTJS 1.446,41MI 1,415,592 The is elthro ewiion ftom audit under Seciion 477 of thc Compani¢s Act 2006 for the ended JI (kyiY Yr_i. hai"e requued the compalli" to obtsiti an audil of its financial statements for the y¢ar ended )1 Oath_Yl:l )[d Section 476 LTrf the CompaDies Aei ?1)06. The r¢wttsibilities for (al ttol cFon"trble compall). kceps accoulltino records that comply with Sections 386 and 387 of thc Ib) q>_ fin121 swetmts ti1¢h gi3"e a true and fair iryeTrv of the st3re of affairs of the charitable company as at c of exh fiDatKial srzt of its Sutplus or deficiÈ for each f]nancial in accoidance Thith the requircmcnts of Seo¥xks iiil a1 J9i a1 tstiich gtherniic compl!, 7th the requiremcnts of th¢ Companies Act 2006 relaiing to as applicable io th¢ clribIe coll)pan}'. The notes form part of these financial statements Pa(Fe 5 continued...
STEPPING STOSES LIMITED B.4L.thCE SHEET- continued 31 OCTOBER 2021 These fu]1 ststellDts hawe l*en pre[thl CordanCe Mith the pr0i75iofL5 applicable to chatitable companies subje£t to the small COEDpallies rc2itrK. The fjnancial 3N>tD%td by th P4)ard of TtUsTrS and authorised foi issue on 8 March 2022 and w¢rc signcd on its behalf b).: The notes fortn part of these financial slatements
STEPPDG sTols LII¥IITED NOTES TO THE FIN.415CIAL STATEMENTS FOR THE EJDED 31 OCTOBER 2021 ACCOLNI POLlCtES Basis of preparing the fillaDci ststements During the FanCIal l.eat the LK. It the rc>rt of the World, w7s hii by thc Covid 19 pandemic. The ClwÉry has not bea affectrd bs" a1 no Gol'ernmt fuLincial supp)rt has bccn take Income All income is rEcO[scd in Strtr[l of FI?¢1a1 Actiliues once the cIlty has entitlement to the funds. it is probable tbat iw)rr£ will te¢eii'd a1 amount can b¢ naSured reliably. Expeoditure Liabilillts Itt15ed as a5 &$ there is a legal or COUStructive obligation committing thc charity that t.[e. it is rythable th9t a trfer of economic benefits will be required in settlemcnt and the amtsuni of Oblity ir reiiabl)". EpeEItUre is accounied for on an accruals basis 3nd has bccn classified utmkt lthjins that 3• all c05t Eelatrd to th¢ category. Ivhere Costs cannot be directly atttibuted io particular ajkxatyj w 1}is on a basis collsisient the use ofresources. 1[Ertirn 15 the follo7£ am)ual rate5 in order Mrite off each get ovei its estitnated gefill life. l)•/• Oll rtducino balance The cknin" is from c(KFrf)r*ion on its cbatitsble acti7¢S. unrtstiiL c3n Lsed in accordance Hith the charitable objeciiiTes at thc discretion of thc trustees. RtiTictd cart (wjly ed for paniculat testricted purp)ses within the objects of the charity. Rcstrictions ari5¢ wificd bs" donor or tunds are raised for particular restrictcd purposes. Fd of nature and purpo>e of each fund is iDcluded in the nolcs to the financial statcTn¢nts. LNCOI 2021 2020 37,000 loo 32,420 139 37,100 32,559 eontinued...
STEPPtNG STOI%ES "OTTS LIMITED NOTES TO THE FINNc1_&L STATEMENfs - continued FOR THE I"E.4R E.NDED 31 OCTOBER 2021 NET ILNiCONIFJ(EXPENDrtLTrE) Net incom¢ lexpendiDJte) is stated afw Icreditingl: 2021 2020 723 851 TRI,StEES' BE%EFtTS Thtte or (thr benefits for the year end¢d 31 0¢be[ 2021 nor for the year ended 2021 2020 290 120 co%tPAIL4TTIES FOR THE sr.4TEMENT OF FThNcL4E ACTII'ITIES Unrestricted fund FROII 57 32,559 500 33.116 5.477 Tt tNCOME 27.639 RECOlITION OF F7)s 1.387,953 TOT.4L FiThTrS C.4RRIED FORII"ARD 1,415,592 continued...
StEPPThG STONES I%OTTS LIMITED OTES TO THE FIN.Cl.L STATEIIEINTS- continued FOR THE IE_IR ENDED 31 OCTOBER 2021 Fixtures and fittings Freehold property Totals 1,141.778 16,19) 73,479 1215,257 16,195 AE 31 (kndr"O:I 1,157,973 73,479 1231,452 DEPRECL4TIO At l _7? 68,654 723 68,654 723 At 31 (k*LT_Ir_I 69J77 69J77 Er B(M)K I".4LITE 1,157,973 4,102 1,162,075 AT 31 Ocukn_l)_ 1.141.778 4,825 1,146,603 DEVtOKS: .&NIIXThTS F.4LLING DLT IITfHIN ONE ITAR 2021 2020 8,580 74 2,600 75 8,655 2,675 LN FUNI)S Net movement in funds At 1.11.20 At 31.10.21 1.415,592 30,808 1,446,400 TOT.4L FiThI>S 1.415,592 30,808 ,446,400 Page 9 continued...
SfEPPLNG STONES oThs LIMITED OTES TO THE FIN.CIAL STATEMEwfs - continued FOR THE I"E.4R ENDED 31 OCTOBER 2021 FUNI>S. contitiued in the aErfTrs"e are as follow5." Incoming resources Resources Movement expended in funds 37,162 (6J54) 31Y,808 TOT.&L FLThI)S 37,162 (6JS4) 30,808 Net movement in funds At 1.11.19 At 31.10.20 .387.953 27.639 1,415.592 T(Wt.4L TriThI)S 1.387.953 27.639 1.415,592 uM)I"eKt*nt ill fimds. included in the abo%e are as follo$.. Incoming Resources Movement resources expended in funds 33.116 (5.4771 27.639 TOT.4L FLThT>S 33,116 (5,477) 27.639 Page 10 continued..
STEPPlTr*G sToEs LIMITF.D NOTES TO THE FINAISCIAL STATENIENTS - continued FOR THE I E.4R EN'DED 31 OCTOBER 2021 DI FUNDS. coDtinued A Llmi year 12 months and prior }'ear l? I)nthS combined position is as follows: Net movement At in funds 31.10.21 At 1.11.19 Unrestricted funds General I'und .387.953 58.447 1,446.400 TOTAL FLNI DS 1.387,953 58,447 1,446.4(Nl A cUent yeat 12 prKTrr lear 12 months colnbined nei i)KJN'ement in funds, included in the above are as folloF45: Incoming Resources Moi'ement resources expended in funds 70,278 (11,831} 58.447 TOT.4L Tr1ThI)S 70.278 (11.831) i8,447 REL4TED PARTI" DISCLOSIQiES Ther¢ wtxe la[ca part). rya1ctionS for the )'car ellded 31 October fj021. Pagell
STEPPING STO)1 5 LIMITED DETAILED ST.4TE.%IENT OF FIANCIAL ACTIVITIES FOR THE I'E.4R ENDED 31 OCTOBER 2021 2021 2020 L(ovE.&TI E%DOIViIIENTS il•m*ti•us and legacies 62 57 "estment ineome Rents received Deposit aCLOUIIt tntcrest 37,IMM 100 32,420 139 37,100 32,559 Other income Oih¢r Income 500 Total incotlling resources 37,162 33,116 EXPE.NDITLIiE Support Cts5ts G0Tr'erDce costs 290 2,297 2.144 900 723 120 2,284 1.322 900 851 6J54 5,477 6J54 5.477 .Net iDcoD 30108 27.639 This page does not foTrn part of the statutory financial statements Page 12