REGISTERED COIIP.4Nry j[I)IBER: 04625150 (England and Wales) REGISTERED CHARITY NU[BER. 1097134 REPORT OF THE TRL STEES ITh.&L DITED F.1Cl.L ST.4TENIENTS FOR THE I'E.4R ENDED 31 OCTOBER 2022 FOR STEPPING STO.NES LINIITED Killicks Limitcd 35,'37 KingsiK'aN' Kirkby in AshField Nottintshamshire NG17 7DR
STEPPING STONES LILIIITED COSTE)TS OF THE FIN.4NCI.4L STATEI¥IENTS FOR THE I-E.IR EIDED 31 OCTOBF_R 2022 Page Ch2iruwi's Repon RepDrt of tbe Trwees Stxteu*#i of FiDaDcial_4ctii"iries •tes to the FmaDcial Ststements 6 to 10 Dttsiled StateDKDt of FiDsllcial.4£riiitie5
STEPPING STONIS LIIIITED CHAIlLI1.'s REPORT FOR THE I"E.4R ENDED 31 OCTOBER 2022 Hello and I hope this report fll]ds each and eiern'oni Ot !"OU .¢1[. I havc ihe onerous Eask of iiTi¢ino this Ftport a> iIi 0: .4ndrea died. Ilore about this laicr. So, 'hi]C ?0?2 hai been a relaiÈi'el!' qlli=t N-ear. Ih¢ T[[e> hai"t bLen i¥'orking in ihe background ensuring that all thinJo Castle StreLi arL iunnmg ai beil thLI" ian. 11-¢ iouiinue io hai-: zood ii'orking relaiionihip5 Ivith East Midland Housing and Care Support and are happi" to ihallenue them i¥b¢n 1=4UiEed. Il'c a150 pass on all those positiiwe iibes ive get a5 I"ell. Il'e ale her¢ to full!" support tbo%e reiide at C2sd= Suelt and are happ}. for parents & carcFS to contact us '1th COniiruLtiie criiicisnL )Thg(Te%Eion> alld iomplllnenTi about tht sm"ic¢ and iiill p3SS them on to th¢ 1clan1 person or seTr"ice proiider. .4> 1 iaid ar the beonnino tht preiiou> Chair. .4Ddrei died ir. "():: ReltrU)1. ih"Es is th¥ second Trustec to die in ihc last Di'o lear>. Ther¥-.k)r= l L." riJ-I tLI Eaj%e -thi- ai 4n tOF Tbe Ttee5 to bc concerned about as WCII as the member>hip_ Nl-e n=ed-,) atra4-E TklE4" ii": io attt3CT rte. menibers. FailurL to do so will sce the dcmi5e ot Ihe chLryTr"" ReTD.tmkr. LDLT s-.outs b a -F1". bur n is big enoh delii'er l'ei small enou(rh to care for each and eireryonc connect¢d 10 ili3riTr'. "ts Tl jj >-ttkqtl but ji . n]ber io k"e li onTr"ards and upi&7rds in lh¥ future ee.% 54ill ioniinue 10 address this Itnptsrtani lisue as iiell as to ctsnTinuc to explore ncw ideas Ix)th Èo xosiue> lor the rtsideub and 8.5 ts) k-eep ihe buildiug and the charity ij) fiLII IN"oiking cot)dition. tx the re[* I -&tea w wriit but... Tak-e care. Stats" Sale 3rkl EtLank" !"o.J aoaiEL tor i.our lime. >UPPOrt and understanding.
STEPPING STOJES LILIIITED REPORT OF THE TRLTSTEES FOR THE I"E.4R ENDED 31 OCTOBER 2022 Thc trustees, who are also Diieciot5 for ihe purpo>e> of th¥ Companii> Aci. gubrnit their aT]nual report and the unauditcd linancidl sta¢¢mLnrs oi thi charin toi Ihe lear endid i l>t Oiiober O" The trustees haN"e adopted thc pri)i'ision% of tli¢ Stsi¢nicnt of Recort]mtnded Pr&ciict I SORPI "4cioiuiiints RepotTiti(F Charitie> issued ill 2005 in preparing the annual r¢pon and finatLLial staiements of the ihariti-. The charity is a charitable compant. li]nld bt. UU2rant¢¢ and .35 sti up ?4th Dtcetnbci 21)02. It is goi'emed b}, a niemorandum and anicles ot a>sociaiion. .4CHlEI'EIIENT)l) PERFOIiII.45CE Partnifship Il"oikinti The Trusiet> reL0]- the tollow Dr]53]0rt) tor their adi'i¢e and support during the year: Support- Housing L-d 5tr in.4lliaJJKe- XotE> Counn" coun1[ - kÈllick5.&ccountanlS Enablc Choice FurJre .4mbitior Tr= Clharits" bkn- aThJ to rrn. 2Th1 >iipport othtr orgauiiarious allied to our arca of ¢ar¢ provision for pcople Wiith learnillts ditTi¥U]i> i.- tht NO-]re area. To thi% ind ihv ChariTh has appointed two of the Trustccs to bc rtspH1IThIt IOF idenuTraLU thtst 3Jd haisin? them to PL)ienEialli' proi.ide aD!" SUPPOrt. Result¥ the 1.tar Th= RTal Irk"onE kL- L-LTrlltinuekn4 throbOUt this lear and is siill Ehe source of incomc io the Chariry. .kn re£([[ the &Jopllon of the .4ccoullts and tbe ¢on¢inuino appointment of Killicks Lilnitcd foi Ihe rRI"crtTrE GOI1.)CE It1.GE.}IENT tnordlldutn and articles of association dalcd 24th Deccmber 2002. ieoalli rtsponbible for the oierall managctnent of the charity. All d¢¢isions madc arc LnItE[e .Lio% Ot a comtnitt¢¢ of iTU>l¢¢S_ In ihe case ofa dispuie ai a committee Ineeting, thc will t[L= M" a rtQiOTiTr' ioie. Llt L-IwiTr' are re>wTbible for thL Matgement ol risks laced b}" Ihc charity. S¢nior rncmbci"s of the ¥L 3 rtiieTh" OÈ riikn- That ihe chariry may be exposcd to. Wheie appropriate, procedures havc _ put IUTO pL&-: rnill:-2tt the risL- REFERENCE .INa) .4DIIThI.%Tr4TtIT DET.4ILS Tt)'T d i) re(Tister.=d iiith thc Chariti" Commission under clwity. numb¢r 1097134 Dt¥aib" ot cIL"s TnNees ar¥J adiiiors art gii.en on page I .4¥yi)i ¢d bi ordct ilt the of fll>iee> on I Xlarch:0:. 3 and siElled on its behalf by.. L S DJtxr_o. TrL%l. Patre ?
STEPPING STO)ES NOTTS LIlITED STATE)IEIT OF FIN.CIAL .ICTIN'ITIES FOR THE I'E.4R ENDED 3] OCTOBER 2022 2022 2021 Unrestricted Total fund funds ole> INCoTE.Ll,D ENI)011 IIENTS FROII Donaiions rfind le2aiies 53 62 Inves¢mcni ineoTne 34,871 37,100 Total 34.924 37,162 EXPENI)ITtIiE O Oiher 7,292 6.354 T COllE 27.632 30,808 RECONCILL4TION OF Fi"NI)S ToTal tutk6- brougbt toTh4"ard 1.446,4110 E,415,592 TOT.4L FtThTS C.4RRtED FORII".4RD 1,474,032 1,446.400 CONTL%IiNG OPEIi4TIONS -] .=ipenL4iiWE ha> ariicn ftom eoniinuing aeTiNiÉies. The noles form part of these financial statements
STEPPING STONF.S LIIIIITED B.IL.45CE SHEET 31 OCTOBER 2022 2022 2021 Unrestricted Total fund funds FIXED ASSETS Tangible assets 1,215,658 1.162.075 CLRREjT.4SSETS Dibtors Ca>h at bank 8,654 275,670 240.866 258374 284,3?4 CREDITORS .4mollnLS iailintr Liue 54ithsD one l.ear T CIIiRENT.4SSETS 258J74 284,32) TOT.4L .4SSETS LESS CI RRENT LI.IBILlTtES 1.474,032 1,446,400 NTT.4SSET 1.474,032 1.446.400 FLThDS 1,474,032 1,446,400 TOT.4L FtThDs 1,474.032 1,446,400 Lm3ble LLifDDaD% 1> tntiiled io ttLp[lon from audit undei Section 477 of Ehe Companies Act 2006 for thc year The Ckkn hai"¢ ie4uirtd the coTnpaDi' 10 obtain an audit of its financial staiements for thc year elldcd - 3kiord31k-e S.XtiilD--6 ot the Companies Aci 2006. Tn= Iritsiets 2LknkTrItQt-thelr *sFx)lliibiliEjii for .EOrIb]e C(>mpan!- keeps aLCOuTill0 r¥coids (bat conwl). with Sections 386 and 387 of thc Ibi Ptepiritkg =In2Dkial NE3[.=r[Kl i1,-h a mit and fair i-ieii. of the state of affairs of thc chatitablc company as ai the ot e3¥h tInanli1 i.iat aDd ot Ili surplus 01 defi¢lt for cach financial year in ac¢ordJiice M'sth Ihc rUirem=rlL or SLlti,-. -.94 and ".9) and ii.hicb oiheThiibe iompl!" ii'iih tht rc4uirem¢nt5 of thc Conipanies Act cl T=lirtr tina13] >t2:eT.ents. >0 far as applicable io tbt charitablc COTnpani'_ The noies form part of these financial stalements
STEPPIN'G STONES LIlITED B.4L.4NCE SHEET - continued 31 OCTOBER 2022 Th¢sc fin<in¢ial staiLment5 hai'e bLLll prtpared in accordance iiith the proiisions appli¢able to chatitsbl¢ companies subject to Ihe small CL)mpanici regTlne. Thc financial Slatemen ih.ere approi"¢d b!. the Board of TrEtsTees and authorised for issuc on 21 March 2023 and 't[£ sitsn¢d 115 behalf bh": L S Dubouro_ The notes forn] part of these financial statements
STEPPING STONES OTTS LIThIITED -YOTES TO THF. FIN.4)CI.4L STATEIIEJTS FOR THE I E.4R ENDED 31 OCTOBER 2022 ACCOUNTING POLICIES 1come All incomt li rel01)ed in the STa[eni ot FÈnaniial .4ciii"iiit> ollie the chariti. has enti(lement to the fvnds. it is probiÉ bli Ihai th= inOmi 11 jll be ieieii"Ld atm4 Ibt a0IlE can be mea5Uted r¢liabl)". Eipenditure Liabiliiiii are leiLiqLid as eVnditre ai soon as iheie 1> a letral or consttuctive obligation committing thc cbartt%" io thai ewnditurt. IE I: prLib2ble Ehai a tratbter of Lionomtc btncfits m.ill be rLquiied in iettlcTnent and the amoulll Ot the L'blic ULID te Tll=L%ur¢d r=b"abli" Expendirllri 1> aLcounted for on an accruals basis and has th2T aall all Loit related to the caie(Tory'. Wherc costs cannot bc directly attribuuJd 10 p3m.-ular heading> thei. hai"e b¢en allocattd to actlllllS on a basis consistcnt w'ith lh¢ use of Tatttrtble red assets --1 PEoiidwt ai the follo7 annual rates tn tsFd¢r io HTifL off each &%s¢t oN'er its estimated uscful .0 on T¢ducing balance Tk- -banTr" i) ei¢mpi rtOIiI 0oraon on its charitablc aciiiiiies. Fud aCCOUDring Lttvtllcttd bt ud in aciordallct 7th the charithble obje¥tii'es at the dtscretion of the trustees. ReffjiiEed r4&r.d- can onli" be ta tor paryicular rtsiriiied purpoiC> iiithin thc objects of the chatity. RcstFiCtions 2fi>e :Teiitlid bi. th= donor or iiben 2re raised for panicular restric1 purposes. Further iiplanaiion of ih¢ naiure and purpoie of each tund is included in the notes (O the financial stat¢ments. P4ThSTlENT I_ICOIIE 2022 2021 Renu. re£11"ed aiiOUilI inrtrest 34,871 37,000 34,871 37,100 IT (0)[E.{EvEND1TLRE) et iniOEne i¢Kpendine1 1> >tsied after cbarging Icrediiing)". 21122 2021 tkpreL"i&ion. OVIed ts*t> 615 723 Page 6 continued...
STEPPI_NG STONES INOTTS LIIIITED OTES TO THE FIN.4NCI.41. ST.TEIEN,Ts - continued FOR THE I-E.4R ENDED 31 OCTOBER 2022 TRi'STEES' BL)[TIoN .¥ND BENEFITS rki or other bentfsis foT thi 5'e2r ended 31 Ociober 2022 noi for the y¢ar cnded 21b22 20?1 lJ22 290 COMP.4IL4TIIU FOR THE ST.ITEIEFI[ OF FINANCIAL ACTivrriES Unrestricted fund LNcOl ENDOII"IIENIS FROII 62 37.100 T•tsl 37,162 EVE)l)tttliE O 6.354 T P4CO)IE 30,8OS RECONCILL4TION OF FLIDS Total bFoughi toN"3rd 1,415,592 TOT.4L FI C.IRRIED FORII'.4RD 1,446,400 Page 7 continued...
STEPPI_NG STONES JOTTS LlhllTED OTEs TO THE FI_N.4Nci.IL STATEIIE)TS- continued FOR THE I E.4R EIDED 31 OCTOBER 2022 Fixtures and fittings Freehold property Totals 1.147.973 4.198 73,479 1,231,4i2 54,198 1,212,171 73,479 1,285,650 DEfRECL4Tto. 69,377 69J77 615 .4tiJ (A:0., 69,992 69,992 T BOOK I".ILL"E ob=[ "i)Trl 1,21? 171 3,487 1,215,658 -4E i l (kryober 01 1.1 i7.973 4,10? .16?,075 DEBTORS: _Il01-TS F.4LLLIG DI'E II"ITHTh O.NE I'E.4R 2022 20?1 Other debiors 17.418 90 8.579 7) 17,408 8,654 CREDtroRS: .&IIOIThTS F.4LLISG DL E ONE I'EAR 2022 2021 Trade creditor> IOI"EIIENT Th FLJDS Net movement in tunds At At 31.10.22 L"Drestricted fulld5 1.446.400 27,632 1,474,032 TOT.4L FLThI)S I:446,41M) 27.632 ,474,032 Page 8 continued...
STEPPING STONES LINIITED OTEs TO THE FIJ.&NCI.4L STATENIEI%TS - continued FOR THE I E.4R EINDED 31 OCTOBER 2022 FEThs- contitiued .-lllded in th¢ abo.¢ arc as follows= Incoming Resources MoN'enient resources expended in funds 34.924 {7,292) 27,632 TOT.4L FLThDS 34.924 {7,292) 27.632 Comparatii-es for moi'ement ith funds Net movemcnt in funds At Ai 31.10.21 L'nrestricted funds Ginirai tid 1,41 j.i9? 30,808 1.446,400 TOT.4L FtThi)s 1,41 j,)92 30.808 1,446.400 Collwtii"¢ n¢1 moi¢m¢ni in funds. includcd in ihc aboi'c are as follows: Incoming Resources Movement resources expended in funds L nresiricted funds General fimd 37,162 (6,3541 30,808 TOT.IL FI"JDS 37,162 (6.354} -4 curreui ltar l? mouths and prior lear 12 mollth5 combincd position is as follows.. Net movement in funds At 1.11.20 At 31.10.22 l Drestricied fuDds 1.41i.592 58.440 1,474,032 TOT.4L FiThT)S 1.41 j.*92 1.474.032 Page 9 continued...
STEPPIJC STOEs LI11TED -NOTEs TO THE FI15.4c{AL STATE.lENTs - continued FOR THE I'EèlR ENDED 31 OCTOBER ?022 -4 I: mollth> and pEior year 12 llN)nihs combined net movetncnt tn fvllds. included in the abovL are Incomin(r resources Resources Movement expended in funds Imrtstricied funds 72.086 (13.646) 58,440 TOt.4L FI".NI)S 72.086 (13.646} 58,440 REL4TED P.4RTI' DISCLOSURES Tbere ii'erL no relaied p4rt}' transacitons for thc JEar cndcd 31 Octobcr 2022. Paoe 10
STEPPING STOYES OTTS LIlITED DET.41LED ST.4TEME_NT OF FIINANCIAL ACTIVITIES FOR THE I'EAR F.NDED 31 OCTOBER 2022 2022 2021 Lo.E.&TI E.NIK)M'IMEP4TS D•titi•Rs attd legacie5 53 62 Iji e5tment income nti fLLeii'ed IPO>lt acctsunt interesi 34,871 37,000 100 34.871 37,100 Total illtoming resources 34,924 37,162 EXPENDITURE Support costs Coi'ernance costs Ttte) e.xpen5es InsurCe Sundries Accountanci. and legal lee) Fixturt) and fittinos lJ22 2,423 1,942 990 615 290 2,297 2,144 90 7?3 7,292 6,354 Toial re50Utee> e.Kpcndcd 7.292 6,354 -Net income 27,632 30,8Q8 This paoe doe) not forn] part of the siatuloti, financial statements e I