Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 Charity registration number 1137443 Company registration number 07277814 (England and Wales) SMALL STEPS PROJECT LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED LEGALAND ADMINISTRATIVE INFORMATION Trustees Thomas Phillips Daniel Evans Alexandra Rauch Daniel Gilmore {Resigned on 19 February 20241 Charity number 1137443 Company number 07277814 Registered office Clo. SKS Ramon Lee 93 Tabernacle Street London EC2A4BA Independent examiner David Tery FCA Ramon Lee Ltd Chartered Accountants 93 Tabemacle Street London EC2A4BA Bankers CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 National Westrninster Bank PIC 490 Holloway Road Holloway London N7 6JB
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED CONTENTS Page Trustees, report 1-14 Independent examinerfs report 15 Statement of financial activities 16 Balance sheet 17 Notes to the financial statements 18-24
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJEcr TRUSTEES REPORT Iconvdl FOR THE YEAR ENDED 30TH JUNE 2024 The trustees are pleased to present their annual Trustees Report together Vth the financial statements of the charity for the year ended 30th June 2024. which are also prepared to meet the requirements for a directors, report and Companies Act purposes. The financial statements comply with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities= Statements of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Repo.ng Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019). Part One: Small Ste sPro ect Introduction Across the world, thousands of children live on landfill sites and rubbish dumps, surviving by scavenging. This global problem, resulting from mass production and consumption, continues to worsen as the production of waste is not sufficiently addressed by govemments or the large corporations responsible for manufacturing it. At Small steps Project, we aim to alleviate some of the humanitarian consequences by providing emergency aid and sustainable solutions to child scavengers and their families, helping them take small sleps into a more healthy and dignified lrfe. Small Steps Project | Vision Our Wision is of a world in which children no longer have to work or live on landfill sites and rubbish dumps in developing countries and their human rights a adhered to. Small Steps Project | Strategy To identify and establish contact with vulnerable communities with children living andlor working on rubbish dumps and landfill sites globally To provide emergency aid and medical support To help these children to migrate off the dumps and into sustainable educats-on and a brighter future. Delivering our Objectives | Two Phases Phase One.. Connect Deliver emergency aid to alleviate immediate hardship while also assessing the scope of longer-term needs. Identify and locate inhabited rubbish dumps. Locating and communicating our findings with existing seNice providers, including NGOS, charities, schools, and medical and dental facilities in the area. Deliver emergency aid relief to the inhabitants of the dump to alleviate immediate hardship and create trust with the community. Including critical resources such as food, water, first aid, shoes, clothing and hygiene supplies. Create a census of the dump community to build the demographics of the dump and asrtain the longer-term needs of the beneficiaries.
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJEcr TRUSTEES REPORT Icontldl FOR THE YEAR ENDED30TH JUNE 2024 Phase Two.. Sustain Once the immediate needs are met and the census completed, we then assess the needs of the different demographics on the dump to provide tailored, sustainable solutions wtth a focus on education and sanitation. •We create and develop sustainable projects in partnership wtth existing in-country provisions and community-based organisations, including outreach projects, centre-based projects, nurseries, mother and baby units, medical unitslprovisions, hygiene and WASH (Water, Sanitation and Hygiene) parent support groups, counselling, sports programmes, vocational training centres, playgrounds, micro-farms and edible gardens. Should we be unable to identify existing services or partner organisations, we will initiate and manage the required programme ourselves, train the ommunity and beneficiaries in how to manage it, support them in becoming autonomous Community-Based Organisations ICBOS), and hand over to them once they are confident in running the project sustainably. Education is the solution to breaking the cycle of poverty. We partner with existing educational institutions, supporting children with the necessary educational items to be able to attend. When there are no educational facilities available, we set them up ourselves in the form of nurseries, children's support centres, mobile outreach units, playgrounds, gardens, and classrooms, where we deliver both catch-up and national curriculum, formal and informal education and trades. Providing preschool care is also vital to releasing (mainly female) siblings from the burden of caring for younger siblings to the detriment oftheir own education. Medical care is delivered to treat a wide variety of health issues caused by living on rubbish dumps. This includes uts and burns, infections, respiratory problems, parasites, skin infections, TB, HIV, malaria, pneumonia and malnutrition. Our nurseries and children's support centres provide feeding programmes and food sustainability. Our social workers assist the children and their families with education in nutrition, hygiene and healthcare. This holistic approach gives beneficiaries the best opportunity to improve their life chances and access pathways to employment other than waste picking. We have also introduced food security programmes so that projects can learn how to grow and use their own food. We advocate change for the conditions and rights of waste pickers and thildren's human rights. This is done through lobbying local policy and decision-makers, media campaigns including documentary films, photography, online communications and social media, giving vulnerable communities a voice. Community Sustainability is crucial for the longevty and Independen of projects. This is why we have recently established a strategy for handing back projects to the community. equipping them with tools, and training and giving them ownership of their projects.
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 STEPS PROJECT TRuEE5 REPORT ICont/dl FOR THE YEAR ENDED 30TH JUNE 2024 Part Two: Im act Who We Helped." This year we directly helped 758 individual beneficiaries, predominandy children living on or around rubbish dumpsllandfill sites and their families. Our data shows that this has led to a direct decrease in the presence of vulnerable children scavenging for survival in toxic rubbish dumps. Where We Worked.. Uganda: Masaka Kenya: Ngong Dump, Nairobi, Green Steps Project and Korogocho Slums, Komb Green Solutions Palestine: Rafa. Gaza Strip Number of beneficiaries helped 300 252 260 200 146 100 100 Ngong Korogocho Gaza
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL EP5 PROJE TRUSTEES REPORT Icontldl FOR THE YEAR ENDED 30TH JUNE 2024 What We Did.. On our East African projects, we work wth the same 604 children regularly. Each project is broken down as follows.. In Masaka, we helped a total of 146 beneficiaries.. 112 children over the age of two years old. 12 babies under two, four adults and 18 families. Seven adults volunteered regularly at the centre. In Ngong, we helped a totsl of 252 beneficiaries.. 200 children over the age of two years old, 30 babies under two and 22 adults. 40 adults volunteered regularly at the centre, many of whom were parents. In Korogocho, we helped 260 beneficiaries= 240 children over the age of two years old, ten babies under two and ten adults. 15 adults volunteered regularly at the centre. In Gaza, we helped 100 children. Demographics of the East African beneficiaries Babies under 2 7.99, Individual adults 5.5, Families 2.7/ 52 36 18 Children over 2 83.91, 552
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJE TRUSTEES REPORT Icontldl FOR THE YEAR ENDED30TH JUNE 2024 Part Three: Aid Delive &Pro ects in Detail PHASE ONE AID DELIVERY NEW PROJECT Rafa, Gaza Strip, Palestine Who We Helped: 100 children Gaza had one rubbish dump before the decimation of their country. which we still intend to work on,. however, since the Israeli bombardment, the entire Gaza Strip has been redUd to rubble and dumps have formed in numerous locations, where displaced communities have set up camps. There is no waste system or removal of waste, as critical infrastructure has been destroyed or damaged. This massive humanitarian crisis and the toxic environment in which people are trying to survive not only has the same conditions as the dump sites which we deliver on but the added horror of extreme violence and constant displacement. It is for this reason that we connected with Palestinian journalists and aid workers on the ground Yth whom to establish connections to develop future aid delivery. Our first step was a Phase One shoe distribution. This was the only new Phase One project we delivered aid to, outside our existing locations (detailed below). We intend to increase our efforts and continue delivering aid to the most vulnerable children in Palestine. This is just our first step in providing the children of Palestine wth both aid delivery and ongoing support. PHASE TWO SUSTAINABLE PROJECTS Project 1 | Masaka Dump Project, Uganda | Small Steps Masaka Who We Helped." We helped 146 beneficiaries, consisting of 112 children aged two and over, 12 babies under two, and four adults regularly- additionally, 18 families occasionally living and working on and around the dump site. There were seven regular volunteer parents at the centre.
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL EP5 PROJE TRUSTEES REPORT Icontldl FOR THE YEAR ENDED 30TH JUNE 2024 Beneficary Demographics Families 12.3% Individual adults 2.7% 18 Babies under 2 8.2% 12 112 Children 2 and over 76.7° Support |Masaka Lessons held at the centre were held over 211 days of the year. Playground facilities. which enable children to come off the lan(ffill and play. were utilised over 304 days of the year. Sports were organised a total of 126 times. Counselling sessions were held 132 times for children and nine times for aduMs. 11,003 meals were distributed. Medical seNices totalling 1,615, including medical checkups with follow-up treatments.
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL EP5 PROJE TRUSTEES REPORT Icontldl FOR THE YEAR ENDED 30TH JUNE 2024 Aid Delivery |Masaka 125 children were given school shoes or wellington boots. Project 2 | Ngong Dump Project, Ngong Kenya | Green Steps Project Who we helped. We have helped 172 people: 200 individual children over two. 30 babies under tsvo and 22 adults, all of whom are parents. 40 adults volunteered regulady at the centre. Beneficiary Demographics Adults 8.7/0 Babies under 2 11.9% 22 30 200 Children 2 and over 79.4° A total of 29,384 meals have been distributed for all children. including additional nutritional support for those in need, an increase of 38°fi. Meals Provided 2023-24 29.384 2022-23 21329 2021-22 11.967 202(k21 10.424 10,000 20.000 Meals
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 STEPS PROJECT TRuEE5 REPORT ICont/dl FOR THE YEAR ENDED 30TH JUNE 2024 A WASH station that was built in 2022 is accessed every day by all children. The nursery and creche were developed so that mothers could leave their small children while they worked on the dump site. 45 mums and babies were helped. 62 tyres were collected and used on the site. They were upcycled to create potting beds, walkways, fences and for flood prevention. 1.438 tonnes of rubbish were moved. 1.52 tonnes of soil were moved on-site to help wfjth growing food. 780 trees, plants and vegetables were planted. The initial size of the playground measured 1,443 sq fL The team gradually expanded it to 7,038 sq ft as of 30 June 2024. This is a 388 % increase from its initial size. The team also planted some trees just outside the playground. The community also created a bench from used tyres, which sits just outside the playground. 10 tonnes of embedded CO2 were estimated to have been saved due to the reclamation and recycling of tyres, metals and plastics. A totsl of 1,473 children and 184 adults attended community events on the Green Step5 Slte. Aid Delivery | Ngong Atotsl of 6,116 items have been distributed to the children from the dump site. Ngong, Kenya Distributions School uniforms 0.8 /. Clothing 17.2% 1,055 Educational items 31.8% 1,944 Pairs of shoes 12.7% Masks 0.1°/e Food packages 5.2 /e Socks 7.9 /. Gloves 776 481 1.478 WASH Supplies 24.2?. O.U'/o
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 STEPS PROJECT TRuEE5 REPORT ICont/dl FOR THE YEAR ENDED 30TH JUNE 2024 Project 3 | Korogocho Slums, Nairobi. KenyalKomb Green Solutions Komb Green Solutions is a community-based green restoration project in one of Kenya's largest slums that surrounds the Dandora Landfill site in Nairobi. They revive polluted rivers and drainage systems and regreen riparian wasteland for the community, including child-safe green spaces. We previously funded, built and trained the team wth a waterless ec¢>toilet and training in the creation and use of Lactobacillus for processing human waste. We continued to provide materials and support for them to continue to develop the WASH area. Ifvho We Helped. We helped 260 people.. 240 children over two years old. ten babies aged under years old and ten adults. 15 volunteers regularly helped at the centre. Beneficiary Demographics Adults 3.8/. Babies under 2 3.8% 10 10 240 Children 2 and over 92.3% We continued to fund a nutrition and feeding programme in conjunction with addrtional support for their food security problem. The feeding programme consists of. on average, 180 meals per day (Monday- Friday). amounting to 9,589 meals over the year.
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 STEPS PROJECT TRuEE5 REPORT ICont/dl FOR THE YEAR ENDED 30TH JUNE 2024 Feeding programme 2023124 9.589 2022123 5.150 20211 7,200 2020121 2500 7.gjo Aid Delivery |Korogocho 103 pairs of shoes were distributed to all the children. Part Four: Overseas Staff and Trainin This year we have employed nine local overseas staff. In Masaka, Small Steps Uganda. we employed three staff.. a project manager, a nurse and a teacher and seven parents volunteered regularly. In Ngong, Green Steps Project y employed four staff" a project manager. a teacher and a creche supervisor and had 40 volunteers. We supported two members of staff on the Korrogocho project. This is a big increase from last year due to the projects mobilising the community to reach our objectives in creating community-run, community-led projects. Part Five" Charit Infrastructure The charity has a board of three trustees who work directly with the CEO. This reporting year, there has been one full-time staff member who has merged several roles. including marketing and social media, campaigning, aid delivery and project management. This has seen a decrease in funds raised but ensured stability for our existing projects and beneficiaries. Our accounts manager continued to work part-time on both the bookkeeping and project statistics and data. 10
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 STEPS PROJE TRUSTEE5 REPORT Icontldl FOR THEYEAR ENDED30TH JUNE 2024 Fundraising & Campaigning Activities Corporate Social Responsibility and Donors. This year, V continued to receive ongoing support from First Mile Recycling. as we have for over ten years. They have been funding the charity's feeding programmes across East Africa. Individual Giving. We received a steady stream of online individual donations. Social media.. We received online donations through social media campaigns via platfomis such as Facebook. Online Auction. In November 2024, we held our 13th Celebrity Shoe Auction on an external auction platform (Charity Stars). We auctioned 21 pairs and raised £26,000. Celebrtiies involved included: Chris Martin, Debbie Harry, Brian May, Kate Winslet, Gillian Anderson and Roger Federer. We also auctioned off other celebrity memorabilia and organised meet-and-greets backstage at the concerts of some of our celebrities to raise further funds. Part Six: Future Plans and Develo ments Overall for 2024-2025 Both in the UK and overseas. we have continued to support existing projects in East Africa. Supporting them in their first year as autonomous projects allowing greater flexibility on reporting, freeing up more time for delivery and self-management. This has led to greater community participation. We shall continue to report back to donors and the public cleady and transparently. We will continue to work remotely as this will allow us to redirect UK running costs to our overseas projects, training and development. A new campaign in the UK and Palestine created both awareness and funds for the child victims of the atrocities being committed against Palestinians. Overseas Project Plans 2024-2025 Continue the ongoing assessment and development of our organisational strategy and objectives. We would like to continue with the implementation of a strategy that enables sustainable projects to be handed back to the community to run themselves. To do this, we will need to: Continue training the management skills of local staff Introduce greater food security Set up infrastructures that will last wthout bills. including free water access and energy through solar Ongoing mentoring programmes to support local staff Site visits of existing and new projects in Kenya and Uganda We will be continuing to deliver emergency aid in the form of shoes to barefoot children in Palestine's Gaza Strip. While the aid blockade continues and major NGOS have pulled out of Gaza, our support is even more crucial. We plan to continue to partner with Palestinian aid workers on the ground to create a neOrk for aid for future delivery. It is for that reason that we wll put the majority of our Phase 1 emergency aid delivery to Palestine. We will continue to campaign and advocate for the human rights of children in Palestine. To use our platfom to raise awareness of the atrocities they are facing. We will fundraise for further aid delivery for Palestine including dedicating our next Celebrity Shoe Auction to support the children of Palestine, in this way, we will stand with Palestine. 11
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 STEPS PROJE TRUSTEE5 REPORT Icontldl FOR THEYEAR ENDED30TH JUNE 2024 UK Team's Future Fundraising & Campaigning Work Online: We plan to showcase more work online and launch our new website. This will create a more efficient tool to illustrate the development of the charity to our donors and supporters. Campaigning: We want to use our platfomi to campaign for large corporations to take responsibility for the waste that they manufacture. And commitments they have made to recyde plasts'c within specific time frames, which heavily rely on child labour. New Campaign for Palestine: We wll be continuing our new campaign advocating for human rights and the right to deliver emergency aid to the children of Palestine The Celebrity Shoe Auction-. as well as being a major funding source, the publicity this generates in the media enables us to reach a large audience for our campaigning work. It has also become an intrinsic part of the charity's identity and one we intend to maintain. Part Seven: Princi al Fundin Sources This year, we plan to strengthen our current initiatives by developing our trusts and grants fundraising capacities by employing a grant writer. Currently, the Celebrity Shoe Auction is our principal source of unrestn'cted funding, and this year, we plan to use the funds to provide emergency aid in the fomi of shoes to children in Palestine, specifically the Gaza Strip. We plan to work with existing celebrity shoe donors so that they continue to support and donate to us. Note.. Photographs of all projects and MO details of woth, films and social media are featured on the website.. www.smallste s ro ect.or Financial review The Statement of Financial Activities showed net deficit of £31,404 {2023 - £7,204) for the year and reseNes stand at £47,893 (2023 £79,297). The financial position at the year end revealed by the Balance Sheet shows net current assets or working capital of £47,893 {2023- £79,297). The net book value of fixed assets held, all of which are used directly for haritable purposes, amounted to £Nil12023- £Nil). Reserves In the Trustee's view, the reserves should provide the charity with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future. The trustees propose to maintain the charty's reseNes at level which is at least equivalent to six months operational expenditure and have done so having regards to its manner of operation of likely funding streams. The Trustees review the amount of reserves that are required to ensure that they are adequate to fulfil the charity's continuing obligats-ons on a quarterly basis at their quarterly board meetings. olic 12
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 STEPS PROJE TRUSTEE5 REPORT Icontldl FOR THEYEAR ENDED30TH JUNE 2024 Six months running costs is calculated on the basis of projected expenditure. with no allowance made for projected income, adjusted in the light of any actual expenditure that exceeds projected expenditure. The current reserves amount fixed by the Charity is £25,000. The Trustees have adopted a reserves policy through vthich we will aim to build and maintsin a level of resetves equivalent to up to six months running costs. The unrestricted funds not designated or invested in tangible fixed assets held by the charity are £47,893 (2023- £79.297). Six months running costs is sufficient to allow some time for seeking aliernative funding sources in the event that find ourselves without enough income to meet our objectives and then. should further funding not be available, to allow sufficient funds remain to wind up the charity in an orderly fashion. Structure overnance and mana ement Governin Documenl Small Steps Project Limited is registered as a company limtled by guarantee and not having share capital. Its operations are governed by its Memorandum and Articles of Association {M&AA). Small Steps Project Limited was registered at Companies House on 06 June 2010 under registration number 07277814 and the charity is registered with the Charities Commission under reference number 1137443. Trustee Induction and Trainin The Trustees maintain a good working knowledge of charity and company law and best practice by regular reading of charity press articles and scrutiny of Companies House. Charity Commission and other Government and voluntary organisation advisory websites. New Trustees are given copies of the Memorandum and Articles of Association and copies of previous minutes and attend an induction session given by an experienced Trustee. anis3tion Structure The Charity is structured so that the Board of Trustees. who meet at regular IntealS. deal with the policy and overall control of the Charity's activities. Day to day management is in the hands of the Chief Executive who reports to the Board of Trustees. The Chief Executive has responsibility for the executive management of the charity and for the inline management of the staff team which is comprised of a personal assistant and part-time volunteers. Related arties The charity has relationships with related parties and other charities and organisations with which rt co-operates in pursuit of its charitable objectives. Risk Mana erment The Board of Trustees, who meet at three monthly inteNals. are responsible for ensuring that the charity has the systems and means to provide reasonable assurance against inherent risks. These risks include operational, financial and regulatory risks. The Trustees have a risk management strategy which comprises; An annual review of the risks the charity may face; The establishment of systems and procedures to mitigate those risks identrfied in the plan- Implementation of procedures designed to minimise any potential impact on the charity should those risks materialise. 13
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJE TRUSTEES REPORT Iconvdl FOR THEYEAR ENDED30TH JUNE 2024 Statement of trustees, res onsibilities The trustees, who are also the directors of Small Steps Project Limited for the purpose of company law. are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the stste of affairs ofthe charitable company and of the incoming resour$ and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to= select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP" make judgements and estimates that are reasonable and prudent- and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and 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 and other irregularities. The trustees are responsible for maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. ort was approved by the Board of Trustees and signed on its behalf by.. 2FSC3B6C4179F496.. Thomas Phillips Trustee Date: 28 March 2025 14
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SMALL STEPS PROJECT LIMITED I report to the trustees on my examination of the financial ststements of Small Steps Project Limited {Ihe charitable company) for the year ended 30 June 2024. This report is made solely to the charity's trustees. as a body, in accordance with the Charities Acl 2011. My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To Ihe fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the charity and the charity's trustees as a body, for my Independent Examination, for this report, or for the opinions I have fomied. Responsibilities and basis of report As the Iruslees of the charilable company (and also tls 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 charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinalion. I reporl in respect of my examination of Ihe charitable company's financial statements carried out under section 145 of the Charrties Act 2011 (the 2011 Actl- In carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)Ib) 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 examinalion giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act., or the financial statements do not accord those records- or the financial statements do not comply with the account'ng requirements of section 396 of the 2006 Act other than any requirement thal the accounts give a true and fair view vthich is not a matter considered as part of an independent examination., or the financial slatemenls have not been prepared in accordance Vth the methods and principles of the Statement of Recommended Practice for accounting and reporting by charits'es applicable to charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection wlh Ihe examination to which attenlion should be drawn in this report in order to enable a proper understanding of the financiai statements to be reached. Strjned by.. Ramon Lee Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA Dated: 28 March 2025 15
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Unrestricted funds Totsl 2024 Totsl 2023 Notes Income and end0rynents from: Donalions and legacies Other trading activities Investments Other income 7,630 30,322 1,455 7,630 30,322 1,455 14,115 32,669 724 1,164 Total income 39,407 39,407 48,672 enditure on: Raising funds Charilable activilies 7,483 63,328 7,483 63,328 4,430 51,446 Total expenditure 70,811 70.811 55,876 Net expenditure for the yearl Net movement in funds {31,404) {31,404) 17,2041 Fund balances at 1 July 2023 79,297 79,297 86,501 Fund balances at 30 June 2024 47,893 47,893 79,297 The statemenl of financial activities includes all gains and losses COgnised in the year. All income and expendilure derive from continuing activilies. The statement of finanaal activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on pages 18 to 24 fomi part of these financial ststements. 16
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED BALANCE SHEET ASAT30 JUNE 2024 2024 2023 Notes Current assets Cash at bank and in hand 58.681 90,631 Creditors: amounts falling due within one year 13 {10.788) (11.334) Net current assets 47.893 79.297 Income funds Unreslricted funds 47.893 79,297 47,893 79,297 The notes on pages 18 to 24 forrn part of these financial statements. The company is entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2024. The directors aCknOedge their responsibilities for. ensuring thal the charilable company keeps accounting records that comply with Sections 386 and 387 of Ihe Companies Act 2006 and preparing financial statemenls which give a true and fair view of the stale of affairs of the charitable company as al the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial stslements, so far as applicable to the charitable company. The members have not required the company to obtsin an audit of its finanryal ststements for the year in question in accordance with section 476. These financial statements have been prepared in accordance th the provisions applicable to companies subject to Ihe small companies regime. lotatements were approved by the Trustees on 28 March 2025 and were signed on its behalf by: 2FSC3B6C*79F498.. Thomas Phillips Trustee Company registration number 07277814 17
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies 1.1 Accounting convention The financial statements have been prepared in accordance with the charitable company's Memorandum and Articles of Association, the Companies Act 2006. FRS 102 "The Financial Reporbng Standard applicable in the UK and Republic of Ireland- I"FRS 102") and the Charities SORP "Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The charitable company is a Public Benefit Entty as defined by FRS 102. The financial statements have deparled from the Charilies (Accounts and Reports) Regulalions 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charilies applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The finanual slatements are prepared in sterling. which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set oul below. 1.2 Going concem The Charity's Financial Ststements show net deficit of £31,404 (2023 - £7.204) for the year and free reserves of £47,893 12023 £79,297). The trustees are of the view that these results have secured the immediate fulure ofthe Charity for the nexi 12 to 18 months and on this basis the Charity is a going concem. 1.3 Charilable funds Unreslricled funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income All income is included in the statemenl of finanaal activities when the Charity is legalty entitled to it, receipt is probable and the amount can be measured with sufficient reliabilty. Grant income Grants are credited to the statement of financial activities when the Charity is entitled to the funds. Income is only deferred where Ihere are lime constraints imposed by Ihe donor or if the funding is performance related. )ere entitlement to grants receivable is dependent upon fulfilment of conditions within the charity's control, the income is recognised when there is sufficient evidence that conditions vdill be met. Grants supporting the core activities of the Chartty and no specific restrictions placed upon their use are included within donations and legacies. Grants that have speufic restrictions placed upon their use are included within income from charitable activities. Capital grants for the purchase of fixed assets are credited lo restricted incoming resources on the eadier date of when they are reiVed or re1Vable. Depreciation on the related fixed assets is charged against the restricted fund. 18
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies (Continued) Donations and legacies Donations are recognised in the period in which they are received. Legacy income is recognised when the charity's entitlement is judged to be probable and where the amount can be reliably measured. Fundraising income Fundraising income is credited lo income in the year in which they are receivable. Investment income Investment income is induded vthen receivable. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlemenl, and Ihe amount of the obligation can be measured reliabty. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity- Direct costs attributable to a single activity are allocated directly to that adivity. Shared costs which contribute to more than one activity and support cosls which are not attributable to a single activity are apportioned belween those activities on a basis consistent with the use of reSoUrs. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. Allocation of support costs Support costs are those fvnctions that 8SSlSt the work of the charity but do not direcuy undertake charitable activilies. Support costs include back office costs. finance and administration personnel, payroll and govemance costs which support the Charity's programmes and activits'es. These costs have been allocated between cosl of raising funds and expenditure on charitable activities. 1.6 Tangible fixed assets Tangible fixed assets are initially rneasured at cost and subsequentty measured at cost or valuation. net of depreciation and any impaimient losses. Deprecialion is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Fixtures and fittings 25% Straight Line Method 1.7 Cash and cash equivalents Cash and cash equivalenls include cash in hand, deposits held at call with banks, other short-lerm liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within boffowings in current liabilities. 1.8 Financial instruments The charilable company has elected to apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charitable company's balan sheet when the charitable company becomes paty to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the nel amounls presented in the financial ststements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to seltle on a net basis or to realise the assel and settle the liability simultaneously. 19
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies (Continued) 1.9 Taxation The Charity is a regislered charty and, therefore, is nol liable for Income Tax or Corporation Tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charilies. 1.10 Credilors and Provisions Creditors and provisions are recognised when the charitable company has a legal or constructive present obligation as a result of a past event, it is probable that the charitsble company will be required to settle that obligation and a reliable eslimale can be made of the amount of the obligalion. The amount recognised as a provision is the best estimate of the consideralion required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Imiere the effecl of the time value of money is material, the amount expected lo be required to seltle the obligation is recognised at psent value. When a provision is measured al presenl value, the unwinding of the discount is recognised as a finance cost in net incomellexpenditurel in the period in which it arises. 1.11 Volunteers and donated Services and facilities Donated professional services and donaled facilities are recognised as income when the charity has conlrol over the item, any conditions associated wth the donated item have been met, the receipt of economic benefit from Ihe use by the charity of the item is probable and Ihal economic benefit can be measured reliably. In accordance wth the Charities SORP IFRS 102), the general volunteer time is not recognised and refers to the trustees, annual report for more information about their contribution. On receipt, donated professional servi5 and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtsin setvices or facilities of equivalent economic benefit on the open market- a corresponding amount is then recognised in expenditure in the period of receipt- 1.12 Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 1.13 Cash flow statement The charitable company qualifies as a small company and advantage has been taken of the exemption provided by SORP (FRS 1021 as amended by Bulletin 2, not lo prepare a cash flow statement. Critical accounting estimates and judgements In the application of the charitable company's accounting policies, the trustees are required to make judgements, eslimales and assumplions aboul the carrying amounl of assels and liabillties that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from Ihese estimates. The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in Ihe period in which the estimate is ViSed where Ihe revision affects onty that period, or in the period of the revision and future periods where the revision affects both current and fvture periods. 20
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Donations and legacies Unrestricted funds Totsl 2024 Totsl 2023 Donations and gifts Individual donations Corporale donalions 2,630 5.000 2,630 5.000 9,026 5,089 7.630 7.630 14,115 For the year ended 30 June 2023 14.115 14,115 Other trading activities Unrestricted funds Totsl 2024 Totsl 2023 Celebrity Shoe Auction Merchandising income Celebrity Meet and Greets 30,322 30,322 23,645 24 9,000 30,322 30,322 32,669 For the year ended 30 June 2023 32,669 32.669 Investments Unrestricted funds Totsl 2024 Totsl 2023 Bank interest 1,455 1,455 724 1,455 1,455 724 For the year ended 30 June 2023 724 724 Other income Unrestricted funds Total 2024 Total 2023 Other income 1,164 1,164 For the year ended 30 June 2023 1.164 1,164 21
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Raising funds Unrestricted funds Totsl 2024 Totsl 2023 Fundraisin and ublici Celebrity Shoe Auction Other fundraising costs Share of support cosls (see note 9) Share of govemance costs (see note 91 3.621 216 3.621 216 1,208 216 2,819 187 202 202 7,483 7,483 4,430 For the year ended 30 June 2023 Fundraising and publicity 4,430 4,430 4,430 4,430 Charitable activities Supporting beneficiaries in rubbish dumps Total 2024 Total 2023 Staff costs Direct project costs 13,200 17.315 13,200 17,315 11,096 13,300 Share of support cosls (see note 9) Share of govemance costs (see note 9) 30,999 1,814 30,999 1,814 25,371 1,679 63,328 63,328 51,446 Anatysis by fund Unrestricted funds 63,328 63,328 51,446 63,328 63,328 51,446 For the year ended 30 June 2023 Unrestricted funds 51,446 51.446 51,446 51,446 22
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Support costs Support Governance costs costs Total 2024 Total 2023 Administralive staff {Inc. Subcontractors) Premises and equipment Communicalions and IT cost Book-keeping fees Legal and professional costs Other expenses Travelling costs Independent examine¢s fees 24,849 106 5,439 4,000 13 36 24,849 106 5,439 4,000 13 36 22,398 70 857 3,050 13 1,346 457 1,866 2.016 2,016 34,443 2,016 36,459 30,056 Analysed between Fundraising Charitable activities 202 1.814 3,646 32,813 3,006 27.050 30,999 34,443 2,016 36,459 30.056 10 Tangible fixed assets Fithres and fittings Cost At 1 July 2023 4,760 At 30 June 2024 4,760 Depreciation and impairnient At 1 July 2023 4,760 At 30 June 2024 4,760 Carrying amount At 30 June 2024 At 30 June 2023 11 Net movement in funds 2024 2023 Net movement in funds is stated after chargingllcrediting) Independent examiners. fees 2,016 1,866 23
Docusign Envelope ID.. D9F86DC2-6E5141 Ct>9F7C-88FF97534DD6 SMALL STEPS PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 12 Employees 2024 2023 Wages and salaries 13,200 There were no employees whose annual remuneration was more Ihan £60,000. No trustee received any remuneration or reimbursement of expenses during the year (2023- £Nil). The key managemenl personnel of the charity comprise the Chief Executive Director. The total employee benefits of Ihe key management personnel of the charity were £Nil (2023 - £Nil}. 13 Creditors: amounts falling due within one year 2024 2023 Trade creditors Other creditors Accruals 4.085 4,687 2.016 6,431 3,037 1,866 10,788 11,334 14 Share capital The charity is constituted as a company limited by guarantee and does not have a share capitsl divided by shares. 15 Anatysis of net assets between funds Unrestricted funds Total Unrestricted 2024 funds Total 2023 Fund balances at 30 June 2024 are represented by.. Current assetsl{liabilities) 47,893 47,893 79,297 79,297 47,893 47,893 79,297 79,297 16 Related party transactions There were no disclosable related party transactions during the year (2023- none). 24