| PAGE | ||||||
|---|---|---|---|---|---|---|
| Trustees' | annual report |
(incorporating | the director's report) | |||
| Independent auditor's |
report to the members | |||||
| Statement | offinancial | activities (including | income and expenditure | account) | 16 | |
| Statement | offinancial | position | 17 | |||
| Statement | ofcash flows | 18 | ||||
| Notes to | the tinancial | statements | 19 |
| RKPKRKN | CK AND ADMINIS | CK AND ADMINIS | CK AND ADMINIS | TRATIVE DETAILS | |||
|---|---|---|---|---|---|---|---|
| Registered | charity name | The Next Step Trust | |||||
| Charity registration | number | 1114197 | |||||
| Company | registration | number | 05711840 | ||||
| Principal | office and registered | The Hoover Building | |||||
| office | Westfield Street | ||||||
| Halifax | |||||||
| West Yorkshire | |||||||
| HXl 2DN | |||||||
| The Trustees | JSMooney | ||||||
| C Naylor | |||||||
| M SCawthorn | |||||||
| A Peers | |||||||
| L Stradeski | |||||||
| JWelsh | |||||||
| Management | Team | P Sandhu (Chief Executive) | |||||
| H Lane (Operations | Manager) | ||||||
| Auditor | Spenser Wilson Ltd | ||||||
| Chartered Accountants |
k.statutory | auditor | |||||
| Equitable House |
|||||||
| 55 Pelion Lane | |||||||
| Halifax | |||||||
| West Yorkshire | |||||||
| HXI 5SP | |||||||
| Bankers | CAF Bank | ||||||
| 25 Kings Hill Avenue | |||||||
| West Mailing | |||||||
| ME194JQ | |||||||
| Barclays Bank Plc P0Box 14 |
|||||||
| Halifax | |||||||
| West Yorkshire | |||||||
| HX1 IBG |
| e | Therapy | -hydrotherapy, rebound, physiotherapy |
and spa | ||||
|---|---|---|---|---|---|---|---|
| e | Sensory | -sensory room and garden | |||||
| e | Active Pursuits | -sailing, canoeing, climbing, rambling |
|||||
| ~ | In House | - life skills, arts and crafts, aromatherapy | |||||
| o | Community | Based | -swim and gym, gardening, recycling, |
shopping, | work experience | ||
| e | Residential | -annual trips to Calvert Trust and Ribby Hall for | residential | stays. | |||
| Further | details can | be found on the website ofthe Charity at www. nextsteptrust. | org.uk. |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | g | ||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 22,046 | 27,177 | 49,222 | 26,705 | ||
| Charitable activities |
6 | 1,991,378 | 1,991,378 | 1,951,131 | |||
| Other trading activities | 7 | 281 | 281 | 2,912 | |||
| Investment income |
8 | 622 | 622 | 2,004 | |||
| Other income | 9 | 5,017 | 5,017 | ||||
| Total income | 2,019,344 | 27,177 | 2,046,520 | 1,982,752 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs ofraising donations | and | ||||||
| legacies | 10 | 262 | |||||
| Costs ofother trading | activities | 11 | 38 | 38 | 376 | ||
| Expenditure on charitable |
activities | 12,13 | 1,680,986 | 31,809 | 1,712,794 | 1,769,231 | |
| Total expenditure | 1,681,024 | 31,809 | 1,712,832 | 1,769,869 | |||
| Net income and net movement | in funds | 338,320 | (4,632i | 333,688 | 212,883 | ||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
1,604,627 | 59,817 | 1,664,444 | 1,451,561 | |||
| Total funds carried forward | 1,942,947 | 55,185 | 1,998,132 | 1,664,444 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| FIXEDASSETS | ||||||
| Tangible fixed assets | 19 | 1,277,345 | 1,262,305 | |||
| CURRENT ASSETS | ||||||
| Debtors | 20 | 183,615 | 165,733 | |||
| Cash at bank and in hand | 608475 | 484,951 | ||||
| 791,890 | 650,684 | |||||
| CREDITORS: amounts | falling due | |||||
| within one year |
21 | 71,103 | 94,232 | |||
| NKT CURRENT ASSETS | 720,787 | 556,452 | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 1,998,132 | 1,818,757 | ||||
| CREDITORS: amounts | falling due | |||||
| after more than one year | 22 | 154,313 | ||||
| NKT ASSETS | 11998&132 | 1,664,444 | ||||
| FUNDS OF THK CHARITY | ||||||
| Restricted funds | 55,185 | 59,817 | ||||
| Unrestricted funds |
1,942,947 | 1,604,627 | ||||
| Total charity funds | 24 | 1,998,132 | 1,664,444 |
| 2021 | 2020 | ||
|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net income | 333,688 | 212,883 | |
| Adj ttst&nents for: | |||
| Depreciation oftangible fixed assets | 54,819 | 54,728 | |
| Other interest receivable and similar income |
(622) | (2,004) | |
| Interest payable and similar charges |
5,502 | 7,226 | |
| Accrued expenses | 16,814 | 2,694 | |
| Changesin: | |||
| Trade and other debtors | (17,882) | 191,073 | |
| Trade and other creditors | (5,963) | 18,120 | |
| Cash generated from operations |
386,356 | 484,720 | |
| Interest paid | (5,502) | (7,226) | |
| Interest received | 622 | 2,004 | |
| Net cash from operating activities |
381,476 | 479,498 | |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Purchase oftangible assets | (69,859) | (595,113) | |
| Net cash used in investing activities |
(69,859) | (595,113) | |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Repayments ofborrowings |
(188,293) | (23,524) | |
| Net cash used in financing activities |
(188,293) | (23,524) | |
| NET INCREASE/(DECREASE) | IN CASH AND CASH | ||
| EQUIVALENTS | 123,324 | (139,(39) | |
| CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR | 484,951 | 624,090 | |
| CASH AND CASH EQUIVALENTS AT KND OFYEAR | 608,275 | 484,951 |
| 5. | DONATIONS AND LEGACIES |
||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| DONATIONS | |||||
| Individuals | 2,721 | 2,720 | |||
| Corporate donors | |||||
| GRANTS | |||||
| Grants receivable | 19,325 | 27,177 | 46,502 | ||
| 22,046 | 27,177 | 49,222 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2020 | |||
| DONATIONS | |||||
| Individuals | 1,779 | 7,234 | 9,014 | ||
| Corporate donors | 262 | 15,929 | 16,191 | ||
| GRANTS | |||||
| Grants receivable | 1,500 | 1,500 | |||
| 2,041 | 24,663 | 26,705 | |||
| 6. | CHARITABLE ACTIVITIES | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| Support fees | 1,335,344 | 1,335&344 | 1,217,934 | 1,217,934 | |
| Access fees | 463,540 | 463,540 | 454,375 | 454,375 | |
| Respite fees | 119,724 | 119,724 | 178,225 | 178,225 | |
| Transport fees |
47,798 | 47,798 | 55,435 | 55,435 | |
| Outreach fees | 10,339 | 10,339 | 28,878 | 28,878 | |
| Dinner money | 12,987 | 12,987 | 16,284 | 16,284 | |
| Domiciliary | 1,646 | 1,646 | |||
| 1,991,378 | 1,991,378 | 1,951,131 | 1,951,131 |
| Unrestricted | Unrestricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||||||
| Fundraising | events | 281 | 281 | ||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2020 | |||||||
| Fundraising | events | 2,912 | 2,912 | ||||||
| 8. | INVESTMENT INCOME | ||||||||
| Unrestricted | Total | Funds | Unrestricted | Total Funds | |||||
| Funds | 2021 | Funds | 2020 | ||||||
| Bank interest received | 622 | 622 | 2,004 | 2,004 | |||||
| 9. | OTHER INCOME | ||||||||
| Unrestricted | Total | Funds | Unrestricted | Total Funds | |||||
| Funds | 2021 | Funds | 2020 | ||||||
| Provision ofstaff | 4,517 | 4,517 | |||||||
| Training incentive |
500 | 500 | |||||||
| 5,017 | 5,017 | ||||||||
| 10. | COSTS OF | RAISING DONATIONS | AND LEGACIES | ||||||
| Unrestricted | Total | Funds | Unrestricted | Total Funds | |||||
| Funds | 2021 | Funds | 2020 | ||||||
| Costs ofraising donations | and legacies | ||||||||
| - Donations | 262 | 262 | |||||||
| 11. | COSTS OF | OTHER TRADING ACTIVITIES | |||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2021 | |||||||
| g | |||||||||
| Costs offundraising | activities | 38 | 38 |
| COSTS O | F OTHE | R TRADING ACTIVITIES (coniinneaj | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| Costs offundraising | activities | 376 | 376 | |
| EXPENDI | TURE ON CHARITABLE ACTIVITIES BYFUND TYPE | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Charitable | activities | 1,533,798 | 31,809 | 1,565,606 |
| Support costs | 147,188 | 147,188 | ||
| 1,680,986 | 31,809 | 1,712,794 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| 5 | ||||
| Charitable | activities | 1,624,360 | 19,411 | 1,643,771 |
| Support costs | 125,459 | 125,460 | ||
| 1,749,819 | 19,411 | 1,769,231 |
| EXPENDI | TURE ON CHARI | TABLE ACTIVITIES | BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2021 | 2020 | ||
| Charitable | activities | 1,565,606 | 129,013 | 1,694,619 | 1,747,283 |
| Governance | costs | 18,175 | 18,175 | 21,948 | |
| 1,565,606 | 147,188 | 1,712,794 | 1,769,231 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| Staffcosts | 111,644 | 89,511 | ||||
| General office | 13,957 | 13,714 | ||||
| Finance costs | 162 | 286 | ||||
| Governance costs |
7,029 | 6,832 | ||||
| Audit, accountancy &bookkeeping | 6,496 | 10,545 | ||||
| Office & administrational | 4,650 | 4,571 | ||||
| Staffvouchers | 3,250 | |||||
| 147,188 | 125,459 | |||||
| 15. | NKT INCOME | |||||
| Net income is stated after charging/(crediting): | ||||||
| 2021 | 2020 | |||||
| 8 | ||||||
| Depreciation oftangible | fixed assets | 54,819 | 54,728 | |||
| 16. | AUDITORS REMUNERATION | |||||
| 2021 | 2020 | |||||
| Fees payable for the audit ofthe financial statements |
3,180 | 3, 180 | ||||
| Fees payable to the charity's | auditor and its associates for other services: | |||||
| Other non-audit services |
3,024 | 7,365 | ||||
| 17. | STAFF COSTS | |||||
| The total staff costs and | employee | benefits for the reporting | period are analysed as |
follows: | ||
| 2021 | 2020 | |||||
| Wages and salaries | 1,281,567 | l,329,560 | ||||
| Social security costs | 90,125 | 92,808 | ||||
| Employer contributions |
to pension | plans | 24,253 | 23,500 | ||
| 1&395,945 | 1,445,868 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| No. | No. | |||
| Management | and administration | staff | 5 | 6 |
| Support workers | 50 | 52 | ||
| 55 | 58 |
| Freehold | Fixtures | Motor | |||
|---|---|---|---|---|---|
| property | &fittings | vehicles | Equipment | Total | |
| Cost | |||||
| At 1 April 2020 |
1,399,480 | 168,721 | 232,270 | 85,742 | 1,886,213 |
| Additions | 41,261 | 18,131 | 10,467 | 69,859 | |
| At 31March 2021 | 1,440,741 | 186,852 | 232,270 | 96,209 | 1,956,072 |
| Depreciation | |||||
| At 1 April 2020 | 211,536 | 145,948 | 190,467 | 75,957 | 623,908 |
| Charge for the year | 26,056 | 12,310 | 10,452 | 6,001 | 54,819 |
| At 31March 2021 | 237,592 | 158,258 | 200,919 | 81,958 | 678,727 |
| Carrying amount |
|||||
| At 31March 2021 | 1,203,149 | 28,594 | 31,351 | 14,251 | 1,277,345 |
| At 31March 2020 | 1,187,944 | 22,773 | 41,803 | 9,785 | 1,262,305 |
| 20. | DEBTORS | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Trade debtors | 173,252 | 153,695 | |||
| Prepayments and accrued |
income | 10,363 | 11,413 | ||
| Other debtors | 625 | ||||
| 183,615 | 165,733 | ||||
| 21. | CREDITORS: | amounts | falling due within one year | ||
| 2021 | 2020 | ||||
| Bank loans and | overdralls | 33,980 | |||
| Trade creditors | 15,773 | 20,810 | |||
| Accruals and deferred income | 27,751 | 10,937 | |||
| Social security | and other | taxes | 22444 | 22,826 | |
| Other creditors | 5,335 | 5,679 | |||
| 71,103 | 94,232 | ||||
| 22. | CRKDITORSi | amounts | falling due after more than one year | ||
| 2021 | 2020 | ||||
| Bank loans and | overdrafts | 154,313 |
| I April | 31March | |||||
|---|---|---|---|---|---|---|
| 2020 | Income | Expenditure | Transfers | 2021 | ||
| General funds | 1,378,945 | 1,827,344 | (1,629,961) | 1,576,328 | ||
| Buildings Fund | 122,240 | 168,000 | (41,621) | 248,619 | ||
| Minibus Fund |
99,670 | 24,000 | (5,670) | 118,000 | ||
| Staff Pension &Bonus | 3,772 | (3,772) | ||||
| 1,604,627 | 2,019,344 | (1,681,024) | 1,942,947 | |||
| I April | 31 March | |||||
| 2019 | Income | Expenditure | Transfers | 2020 | ||
| General funds | 1,287,593 | 1,763,176 | (1,673,225) | 1,401 | 1,378,945 | |
| Buildings Fund |
168,000 | (45,760) | 122,240 | |||
| Minibus Fund |
83,231 | 24,000 | (7,561) | 99,670 | ||
| Staff Pension & Bonus | 27,307 | (23,535) | 3,772 | |||
| 1,398,131 | 1,955,176 | (1,750,081) | 1,401 | '1,604,627 | ||
| Restricted funds |
||||||
| I April | 31March | |||||
| 2020 | Income | Expenditure | Transfers | 2021 | ||
| Action Halifax | 5,283 | 10,219 | (10,473) | 5,029 | ||
| HBOS | 1,091 | (32) | 1,059 | |||
| Lord Taverners | 12,849 | (4,315) | 8,534 | |||
| Provident Insurance |
1,063 | (266) | 797 | |||
| Wilkinson Woodward |
3,906 | 3,906 | ||||
| Garden Swing | 1,478 | 1,478 | ||||
| Hydrotherapy | Pool | 32,220 | 32,220 | |||
| Bearder Charity | 1,927 | 1,000 | (765) | 2,162 | ||
| Lottery-Infection | ||||||
| Control | 9,958 | (9,958) | ||||
| CFFC COVIly19 | 6,000 | (6,000) | ||||
| 59,817 | 27,177 | (31,809) | 55,185 |
| ANALYSIS OF | ANALYSIS OF | CHARITA | BLE FUNDS | (concinnedi | |||
|---|---|---|---|---|---|---|---|
| ReStriCted fundS |
(condnnedJ | ||||||
| I April | 31 March | ||||||
| 2019 | Income | Expenditure | Transfers | 2020 | |||
| Action Halifax | 5,573 | (290) | 5,283 | ||||
| HBOS | 1,123 | (32) | 1,091 | ||||
| Lord Taverners | 18,601 | (5,752) | 12,849 | ||||
| Provident Insurance |
1,417 | (354) | 1,063 | ||||
| Wilkinson Woodward |
3,906 | 3,906 | |||||
| Halifax Ladies | Circle | 864 | (864) | ||||
| CFFC | 840 | (140) | (700) | ||||
| Duke ofYork | 841 | (140) | (701) | ||||
| Laing Foundation | 1,000 | (1,000) | |||||
| Garden Swing |
1,478 | 1,478 | |||||
| Hydrotherapy | Pool | ]7,787 | 15,840 | (1,407) | 32,220 | ||
| Woodspeen | 1,500 | (1,500) | |||||
| Bearder Charity | 2„500 | (573) | 1,927 | ||||
| Calvert Trust | 7,735 | (7,735) | |||||
| 53,430 | 27,575 | (19,787) | (1,401) | 59,817 |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2021 | ||
| Tangible fixed assets | 1,254,586 | 22,759 | 1,277,345 | |
| Current assets | 759,464 | 32,426 | 791,890 | |
| Creditors less than 1 |
year | (71,103) | (71,103) | |
| Creditors greater than | 1 year | |||
| Net assets | 1,942,947 | 55,185 | 1,998,132 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| Tangible fixed assets | 1,233,915 | 28,390 | 1,262,305 | |
| Current assets | 619,257 | 31,427 | 650,684 | |
| Creditors less than 1 year |
(94,232) | (94„232) | ||
| Creditors greater than | 1 year | (154,313) | (154,313) | |
| Net assets | 1,604,627 | 59,817 | 1,664,444 | |
| ANALYSIS OF CHANGES IN NET DEBT | ||||
| 1 Apr 2020 | Cash flows | 31Mar 2021 | ||
| g | ||||
| Cash at bank and in hand | 484,951 | 123,324 | 608,275 | |
| Debt due within one year | (33,980) | 33,980 | ||
| Debt due after one year | (154,313) | 154,313 | ||
| 296,658 | 311,617 | 608,275 |
| 27. | CAPITAL COMMITMENTS | CAPITAL COMMITMENTS | CAPITAL COMMITMENTS | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Capital expenditure contracted for but not |
provided | for in the financial | statements | is as follows: | ||||||
| 2021 | 2020 | |||||||||
| Tangible fixed | assets | 40,689 | ||||||||
| 2S. | OPERATING | LEASE COMMITMENTS | ||||||||
| The total future | minimum | lease payments | under non-cancellable | operating | leases are as follows: | |||||
| 2021 | 2020 | |||||||||
| Not later than | 1 year | 40,070 | 40,070 | |||||||
| Later than 1 year and not |
later than 5years | 74,7S5 | 78,856 | |||||||
| Later than 5 years | 39,667 | 56,667 | ||||||||
| 154,522 | 175,593 |