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← Step (Supporting The Elderly People)

2023-08-31-accounts

STEP (SUPPORTING THE ELDERLY PEOPLE)

REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31ST AUGUST 2023

Charity Commission Reference Number 1126445

Company Registered Number 06662077

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STEP (SUPPORTING THE ELDERLY PEOPLE) REPORT AND FINANCIAL STATEMENTS

Contents
Legal and Administrative Information
Statement of Trustees' Responsibilities
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements		 Page
1.
2.
3 - 4.
5 - 6.
7.
8.
9 - 15.

STEP (SUPPORTING THE ELDERLY PEOPLE) LEGAL AND ADMINISTRATIVE INFORMATION

1. CONSTITUTION

STEP (Supporting the Elderly People) is a company limited by a guarantee (Company No. 06662077) and a registered charity (Charity No. 1126445) governed by its Memorandum and Articles of Association.

2. DIRECTORS AND TRUSTEES

The directors of the charitable company (''the charity'') are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.

The trustees serving during the year and since the year end were as follows:

Chairman
:		 Chairman
:		 Chairman
:		 Chairman
:		 Chairman
:		 Chairman
:		 Cherralyn Dennison
Secretary
:		 Wendy Moore
Treasurer
:		 Pamela Gaunt
Trustees
:		 Pamela Gaunt
Janet Patrick-Marshall
Patricia Llewellyn
Independent Examiner
:		 Walter Dawson & Son
First Floor Unit 12
Pennine Business Park
Longbow Close
Bradley
Huddersfield
HD2 1GQ
Bankers
:		 Yorkshire Bank PLC
6 Otley Road
Leeds
LS26 2AA
Registered Office
:		 Shannon House
Spen Lane
Leeds
LS16 5EJ

1

STEP (SUPPORTING THE ELDERLY PEOPLE) STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing a trustee's report (incorporating the strategic report and directors' report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity's trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitable company for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for maintaining proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

In so far as the trustees are aware:

2

STEP (SUPPORTING THE ELDERLY PEOPLE) REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST AUGUST 2023

The trustees are pleased to present their annual report together with the financial statements of the charity for the year ended 31st August 2023 which are also prepared to meet the requirements for a directors report and accounts for Companies Act purposes.

The legal and administrative information set out on page 1 forms part of this report. The financial statements comply with the Charities Act 2011, Companies Act 2006, the Memorandum and Articles of Association and 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 (FRS 102).

1. Structure, Governance and Management

The trustees are responsible for setting objectives and priorities for STEP, Whilst the day-today management is delegated by the STEP manager. The trustees are elected as required by current trustees from a waiting list.

2. Objectives and Activities

STEP objectives are the promotion of any charitable purposes for the benefit of older people in the area served by STEP and defined in the memorandum of association. This involves assisting individuals to resolve issues relating to benefits, home security, home heating and other personal/home problems. It also involves the organisation and promotion of a range of social events, designed to resolve social isolation issues, for example weekly drop-in/coffee mornings and day-outings. When planning the activities for the year, the trustees have considered the commission's guidance on public benefit.

3. Achievements and Performance

STEP membership continues to grow; the increase in numbers comes from outreach work, referrals, and member's word of mouth recommendation. There is continuing strong participation by members in all organised activities. Regular feedback from members bears testament to the quality of STEP's range of services and performance. STEP's achievements are down to efforts of the trustees, STEP managers, staff and volunteers.

3

STEP (SUPPORTING THE ELDERLY PEOPLE) REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST AUGUST 2023

4. Financial Review

This is the third year of the 5-year contract (with a 5 year add on) from Leeds City Council to provide services for older people, awarded after STEP's successful bid. This funding together with additional monies from grants or contributions from organised events, covers salaries for the full-time manager, 5 part time staff and basic office running costs. STEP continues to be successful in obtaining various small grants. These represent only a small part of STEP's income and are likely to remain a minor part of revenue. In order to maintain reserves, all events are planned based on being, or becoming, self sustaining in terms of running costs.

5. Future Plans

STEP continues to work within the area it covers to encourage and support people over 60 to attend our centre to improve their social isolation. We are also here to help where needed with various problems that may occur. Our regular daily activities prove popular and our information cafe is a great place for members to meet their friends over a cuppa. We continue to market and promote our work across the area we cover.

This report has been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice. In preparing this report advantage has been taken of the small companies exemption.

This report was approved and authorised for issue by the Trustees on 22/08/2024 and signed on their behalf by:

Pamela Gaunt

Chairman

4

STEP (SUPPORTING THE ELDERLY PEOPLE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STEP (SUPPORTING THE ELDERLY PEOPLE)

I report to the charity trustees on my examination of the financial statements of the charitable company for the year ended 31st August 2023 which are set out on pages 7 to 15.

Responsibilities and Basis of Report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under Section 145 of the Charities Act 2011 (the '2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

5

INDEPENDENT EXAMINER'S REPORT TO THE

TRUSTEES OF STEP (SUPPORTING THE ELDERLY PEOPLE)

Independent Examiner's Statement (continued)

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 financial statements to be reached.

Julie Young FCCA ACA WALTER DAWSON & SON

Chartered Accountants

First Floor, Unit 12, Pennine Business Park Longbow Close Bradley Huddersfield HD2 1GQ

22 August 2024

6

STEP (SUPPORTING THE ELDERLY PEOPLE)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST AUGUST 2023

Notes
5
6
7
8
RECONCILIATION OF FUNDS
Total Funds at 1st September 2022
Total Funds at 31st August 2023
NET MOVEMENTS IN FUNDS
Other
TOTAL EXPENDITURE
TOTAL INCOME AND ENDOWMENTS
EXPENDITURE ON:
Charitable Activities
INCOME AND ENDOWMENTS
FROM
:
Charitable Activities
Other		 Unrestricted
Funds
£
121,010
-
121,010
45,334
102,614
147,948
( 26,938)
275,826
248,888		 Total
2023
£
121,010
-
121,010
45,334
102,614
147,948
( 26,938)
275,826
248,888		 Total
2022
£
108,398
-
108,398
15,524
15,773
31,297
77,101
198,725
275,826

All incoming resources and resources expended derive from continuing activities.

7

STEP (SUPPORTING THE ELDERLY PEOPLE) BALANCE SHEET AS AT 31ST AUGUST 2023

The Funds of the Charity:
UNRESTRICTED FUNDS
General Funds
Designated Funds
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
CREDITORS:
Amounts Falling
Due Within One Year
NET CURRENT ASSETS
FIXED ASSETS
Tangible Assets		 Notes £
£
2,621
1,190
246,002
247,192
( 925)
246,267
248,888
248,888
-
248,888
248,888
2023		 £
£
5,102
692
272,532
273,224
( 2,501)
270,723
275,826
275,826
-
275,826
275,826
2022
12
13
14
17

The directors consider that the charitable company is entitled to exemption from the requirement to have an audit under the provisions of Section 477 of the Companies Act 2006. Members have not required the company under Section 476 of the Act to have an audit for the year ended 31st August 2023. The directors acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with Section 386 of the Act, and for preparing financial statements which give a true and fair view of the state of affairs of the charitable company, as at 31st August 2023, and of its surplus for the year then ended in accordance with the requirements of Section 396 of the Act, and which otherwise comply with the requirements of the Act relating to the financial statements so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 22nd August 2024 and signed on their behalf by:

Pamela Gaunt TRUSTEE

8

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

1. STATUTORY INFORMATION

STEP (Supporting the Elderly People) is a charitable company domiciled in England and Wales, registered number 06662077. The principal place of business is Shannon House, Off Spen Lane, Leeds, LS16 5EJ.

2. COMPLIANCE WITH ACCOUNTING STANDARDS

The financial statements have been prepared in accordance with 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 (FRS 102), Charities SORP (FRS 102) and the Companies Act 2006.

3. ACCOUNTING POLICIES

The financial statements have been prepared under the historical cost convention.

The presentation currency is sterling.

The particular accounting policies adopted are as follows:

(b) Grants Receivable and Local Authority Fees

Grants receivable and local authority fees are credited to the Statement of Financial Activities (SOFA) in the year for which they are received. Deferred income represents amounts received for future periods and is released to income resources in the period for which it has been received.

9

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

3. ACCOUNTING POLICIES (continued)

(d) Expenditure

All expenditure is included on an annual basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the SOFA. The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.

(e) Tangible Fixed Assets

Depreciation is provided on a reducing balance basis over the expected useful lives of each category of tangible fixed assets:

Fixtures and Fittings

20% per annum on written down value

(f) Leasing

Rentals payable under operating leases are charged to the SOFA on a straight line basis over the period of the leases. The benefits of lease incentives are recognised in the SOFA over the lease period on a straight line basis.

(g) Fund Accounting

Funds held by the charity are either:

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

10

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

3. ACCOUNTING POLICIES (continued)

(h) Cash Flow Statements

The charity qualifies as a small company under the Companies Act 2006. The trustees have elected to take advantage of the exemptions under FRS 102 not to prepare a cash flow statement.

4. LEGAL STATUS OF THE CHARITY

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up the liability in respect of the guarantee is limited to £1 per member of the charity.

5. CHARITABLE ACTIVITIES

Leeds LCC
Employment Allowance
Group Efforts
Grants		 Unrestricted
Funds
£
107,261
5,008
4,741
4,000
121,010		 Total
2023
£
107,261
5,008
4,741
4,000
121,010		 Total
2022
£
107,261
4,182
150
( 3,195)
108,398

6. OTHER INCOME

LCC Business Rates Grant Unrestricted
Funds
£
-
-		 Total
2023
£
-
-		 Total
2022
£
-
-

11

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

7. CHARITABLE ACTIVITIES

Loss on Disposal
Bank Charges
Minibus Hire and Outings
Travel Expenses
Training
Fundraising Expenses
Subscriptions
OTHER COSTS
Depreciation
Light and Heat
Wages
Telephone
Accountancy
Sundries
Rates and Water
Rent
Insurance
Printing, Postage and Stationery
Equipment Lease
Repairs		 Unrestricted
Funds
£
42,211
287
370
1,603
863
45,334
Unrestricted
Funds
£
655
202
3,379
73,267
10,176
832
1,235
1,403
4,189
667
177
5,902
114
417
102,614		 Total
2023
£
42,211
287
370
1,603
863
45,334
Total
2023
£
655
202
3,379
73,267
10,176
832
1,235
1,403
4,189
667
177
5,902
114
417
102,614		 Total
2022
£
9,794
1,681
391
2,814
844
15,524
Total
2022
£
1,276
-
9,793
59,571
71,908)
(
940
606
1,232
6,043
1,118
834
5,814
15
439
15,773

8. OTHER COSTS

9. Social Security Costs
Other Pension Costs
STAFF COSTS AND TRUSTEES'REMUNERATION
Wages and Salaries		 2023
£
66,226
5,176
1,865
73,267		 2022
£
53,017
5,014
1,541
59,571

12

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

9. STAFF COSTS AND TRUSTEES REMUNERATION (continued)

No employee received remuneration amounting to more than £60,000 in either year. Trustees received no remuneration and were not reimbursed for any of their expenses in The average weekly number of employees during the year, calculated on the basis of full time equivalents, was as follows:

Accountants Fee
Governance
Charitable Activities
NET INCOME/(EXPENDITURE) FOR THE YEAR
This is stated after charging:
Depreciation		 2023
No.
3
3
6
2023
£
655
177		 2022
No.
3
3
6
2022
£
1,276
834

10. NET INCOME/(EXPENDITURE) FOR THE YEAR

11. CORPORATION TAX

The charity is exempt from tax on income and gains falling within Section 505 of the Taxes Act 1988 or Section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

13

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

12. Disposal Depreciation
Disposals
TANGIBLE FIXED ASSETS
Cost
:
Depreciation
:
Charge for Year
At 31st August 2023
At 1st September 2022
Additions
At 31st August 2023
At 1st September 2022
Net Book Value
:
At 31st August 2023
At 31st August 2022
Motor
Vehicles
£
5,375
-
( 5,375)
-
3,173
-
( 3,173)
-
-
2,202		 Fixtures and
Fittings
£
9,037
375
-
9,412
6,136
655
-
6,791
2,621
2,901
Total
£
14,412
375
( 5,375)
9,412
9,309
655
( 3,173)
6,791
2,621
5,103
13.
14.		 CREDITORS
:Amounts Falling Due Within One Year
Accruals and Deferred Income
DEBTORS
Prepayments and Accrued Income		 2023
£
1,190
1,190
2023
£
925
925		 2022
£
692
692
2022
£
2,501
2,501

15. LEASING COMMITMENTS

The charity had total commitments under non-cancellable operating leases as detailed

14

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

After More than Five Years
Operating Leases Which Expire:
Within One Year
Between One to Five Years		 2023
£
-
10,600
-
10,600		 2022
£
-
24,733
-
24,733

16. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Net Assets at 31st August 2023
Tangible Fixed Assets
Current Assets
Current Liabilities		 General
Funds
£
2,621
247,192
( 925)
248,888		 Total
Funds
£
7,163
244,191
( 72,006)
179,348

15

STEP (SUPPORTING THE ELDERLY PEOPLE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023

17. MOVEMENT IN FUNDS

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----- Start of picture text -----
At 1st At 31st
September Expen- August
2022 Income diture 2023
£ £ £ £
Unrestricted Funds
General Funds 275,826 121,010 ( 147,948) 248,888
Total Unrestricted
Funds 275,826 121,010 ( 147,948) 248,888
TOTAL FUNDS 275,826 121,010 ( 147,948) 248,888
----- End of picture text -----

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