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2021-03-31-accounts

FINANCIAL STATEMENTS 31 MARCH 2021

Step By Step London Company Number 7597656 Charity Number 1143986

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INDEX TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

CONTENTS PAGES
Charity Information 32
Trustees’ Report 5 - 14
Independent examiner’s report to the trustees 15
Statement of Financial Activities 16
Balance Sheet 17
Statement of Cash Flows 18
Notes to the Financial Statements 21 - 30

COHEN ARNOLD Chartered Accountants & Statutory Auditor

New Burlington House 1075 Finchley Road London NW11 0PU

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TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2021

The Trustees of Step by Step, who are also Directors for the purposes of company law present their annual report, together with the unaudited financial statements of the Charity for the year ended 31st March 2021.

References and administrative details of the charity, its trustees and advisers

Legal and administrative information of the Charity is shown on the cover sheet and page 32 of the Financial Statements and forms part of this report.

Structure, Management and Governance

The Trustees

The Trustees who served the charity during the year were as follows: Mrs T Kahan

Mr B Hofstatter Mrs R Erblich Mr M Friesel Mrs R Margulies Mr M Berger (Resigned 1 November 2021)

Day to day management and delivery of activities is delegated to the employed staff including a management team and 244 sessional and part time employees, and 358 volunteers.

Governing Document

Step by Step London is a Company Limited by Guarantee and is a registered charity. Its objects are set out in its Memorandum and Articles of Association and are to improve the condition of life for disabled children.

Trustees Appointment, Induction and Training

The power to appoint new trustees is vested in the existing Trustees. New trustees are recruited on the basis of their competence, specialist skills, and those who are able to promote the objectives of the Charity. All trustees have either a child or other family member with disabilities. New trustees are appointed by a resolution of the Trustees, which is recorded in the minutes and signed by the new trustee. New trustees are inducted into the workings of the Charity by the current Trustees which include an understanding of the content of the Memorandum and Articles of Association, their legal obligations under charity act and company law, the organisational structure, safeguarding children and the recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events which enhance their knowledge and skill, thereby improving the performance of their role.

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The Trustees are responsible for governance of the organisation, and the Chair and Treasurer take an active part in strategic management and fundraising. None of the Trustees have been paid either for expenses incurred on behalf

Risk Assessment

The Charity annually identifies and reviews the major risks to which it is exposed as detailed in our Business Continuity Plan. The main potential risks relate to the protection and safety of vulnerable children in the Charity’s care and financial risk to the Charity’s funds. The charity is satisfied that these risks are robustly managed, through its policies, systems and procedures for Child Protection, Health and Safety and Financial Management and Controls.

Public Benefit

In planning activities for the year, the trustees took due heed of the Charity Commission’s guidance on the requirement to provide public benefit. Services were targeted at children requiring an Orthodox Jewish setting, because of their faith and culture, but where places are available services are open to any child. The trustees have reviewed their Access to Services policy with due regard to the Charity Commission’s public benefit guidance and are satisfied that they meet the requirements.

Review of activities, performance and achievements

The Charity provides sport, leisure and independence building activities during out-of-school hours for children and young people with disabilities, primarily from the Jewish communities in the London Boroughs of Hackney and Haringey, but also to Jewish children in London Borough of Barnet, Gateshead, Manchester and other cities nationally and to children of other faiths or none. The Charity’s aims are to:

PERFORMANCE: Step by Step has continued to run a full range of skill-developing activities for disabled children and young people aged 0-18 including the following;

their blue van shows up at our door, we can all breathe a sigh of relief” Mrs R, Parent

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9-18 during the summer, winter and Easter school holiday periods amounting to 21 days in total. -‘Stay and Play’ has become the most valued service in Step by Step. Running in two groups, for younger children and for big boys, over 60 children enjoy the daily sessions after school between 3.30-6.30. Led by a huge amount of volunteers, with supper served, this programme has provided children with security and stability and a safe place to be.

OUTCOMES

For children…

Improved physical health and mobility and improved sporting skills: Our disabled children and young people displayed improved mobility, fine motor skills, balance, coordination, stamina, increased physical activity (increasing users physical activity by at least one hour per week in line with the Department of Health’s Start Active, Stay Active guidelines; new skills improving personal care (e.g. dressing, toilet training, using money).

Improved emotional/mental health: Our disabled children and young people reported being happier, having increased confidence, improved self-image, feeling more capable of achievement and feeling their achievements are recognised.

Improved educational success: Schools reported that after a night of ‘Stay and Play’ at Step by Step there were tangible differences in children’s performance and achievements in school the next day.

Feeling less isolated and lonely: Our children and young people developed friendship networks with peers, formed new relationships with adult role models despite there being so much fewer friendship opportunities due to so many cancelled events in their family lives. More then ever the need for friendship was felt and Step by Step were able to support this.

Improved confidence/self-esteem: Regular physical activity, better emotional health and self-image, reduced isolation all lead to improved self-confidence. Our programmes not only supported disabled young people, helping them to be happier and stronger, it also gave them the chance to shine and to challenge preconceptions of what they are capable of doing. These children have desires and aspirations and Step by Step helped them to achieve, to grow and to progress.

For families…

Improved emotional/mental health: Parents and carers enjoyed respite from their caring responsibilities while their disabled child(ren) participated in activities. Improvements in their child(ren)’s wellbeing had a knock-on effect on their relationship with their parents/carers and wider family. This was particularly true during the extremely challenging times of the pandemic when children were anxious and confused and needed a stable place to be. School was cancelled at times and Step by Step provided a haven of support during these times.

Improved family relationships: more respite for families, reduced tension and stress, improved confidence and self-esteem and resulted in families having a better understanding of their children and what they are capable of achieving. Some families reported that they no longer view their child as solely as a burden. We know that some families have avoided placing their disabled child(ren) in care as a result of the respite they have received.

give them.”

Gitty, Volunteer

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2. TARGET: To develop and maintain relationships with key funders and supporters.

PERFORMANCE: Step by Step was hit by the lost income from not running our sports programme for an entire year. To combat that loss there was significant investment in training and development of skills in the fundraising world. Although it was difficult to invite funders and create opportunities for real engagement in the work we are doing, many email updates/zoom calls were held to ensure the relationships continued to thrive. We were successful in drawing down over £200,000 in additional support to ensure the charity remained viable and supported families to the maximum during the pandemic.

  1. TARGET: To implement additional sustainable income, by launching an Ofsted 2-year-old setting to run on site when services are not running.

PERFORMANCE: We have successfully set a high quality setting that is accessed by 18 2 year olds each week, providing Step by Step with sustainable income.

Step by Step would like to express appreciation to its key partners:

A full list of the friends and supporters of Step by Step is provided in note 2, and we are thankful to all of them.

Volunteer Contribution

Step by Step continues to benefit from very significant volunteer input. 147 regular volunteers provide at least 3 hours weekly. Even if valued very modestly at minimum wage of £8.90 per hour, the value of volunteer time to the charity is a staggering £150,000+ per annum. The volunteers have helped to raise the profile and visibility of disabled people, which in turn has led to the start of a cultural shift where children with disabilities have become an integral and valued part of the community.

Future plans

Goals for 2021/22;

The goals for the last period were largely survival focused due to the pandemic at the time and the ensuing uncertainty. It is therefore exciting to now set larger goals to move Step by Step ahead with our mission.

  1. Develop the full range of services in particular to re-establish the sports programme for 100 children with disabilities with over 10 sport sessions running each week.

  2. To improve the systems for enrolling children at services including a clearer profile collected upon enrolment and the allocation of a volunteer family link who will support and advocate for our users to ensure 100% satisfaction in services.

  3. Improve staff skills particularly in the area of customer service by providing training and support.

in a short while, they are able to leave go. Their determination is unbelievable!” S, Coordinator

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  1. Continue to build on new relationships with funds and potential donors to ensure a wide net of supporters of our work so that we have sustainable sources of income.

Financial Review

The charity ended the year with a modest surplus of £4,496 comprised of £22,692 of Unrestricted Funds and (£18,196) of Restricted Funds. The trustees are extremely pleased that this was achieved, as many new services and projects were undertaken this year and it is a marginal improvement from the previous year.

Going Concern

The trustees believe that the charity is able to continue as a going concern. The charity was able to continue operating during the lockdown and the charity has funders who have committed to supporting the charity during these difficult times.

Reserves and Investment Policy

The Trustees aim to hold free reserves at a level of at least 3 months running costs and up to one year’s running costs. This is to protect the Charity in the event that income for a project is lower than anticipated and to act as a cushion to protect services in the event of a time limited grant ending before having secured funding from a new source. At 31st March 2021 the free reserves were £248,916 covering running costs for approximately 3 months.

Statement of Trustees’ Responsibilities

The trustees (who are also the directors of Step by Step London for the purposes of company law) are responsible for preparing the Trustees Annual Report, the Chairman’s statement and the financial statements in accordance with applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and the income and expenditure of the charitable company for that period.

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;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that are sufficient to

to her.”

Mrs M, parent

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show and explain the charitable company’s transactions and 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.

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF STEP BY STEP LONDON REPORT

In so far as the trustees are aware:

INDEPENDENT EXAMINER

Cohen Arnold are deemed to be re-appointed under section 487(2) of the Companies Act 2006.

SMALL COMPANY PROVISIONS

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

APPROVAL

This report was approved by the trustees on 15 March 2022 and signed on its behalf.

Mrs Ruty Erblich

Trustee

I report on the accounts of the company for the year ended 31 March 2021 which are set out on pages 10 to 24.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the 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 accounts 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 the charity’s accounts 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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. D Goldberg FCA

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:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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 accounts to be reached

.......................................... D Goldberg, FCA DChA New Burlington House 1075 Finchley Road LONDON NW11 0PU 15 March 2022

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STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING THE INCOME & EXPENDITURE ACCOUNT)

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Unrestricted Restricted Total Total
Note
Funds £ Funds £ 2021 £ 2020 £
INCOME AND
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ENDOWMENTS
Donations & Legacies:
Public Sector Grants 55,586 7,500 63,086 34,250
Other Grants and
372,483 310,334 682,817 630,782
Donations
Furlough Income 105,638 105,638
Investment Income 70 70 80
Income from Charitable Activities:
Statutory Fees 96,859 96,859 71,593
User Fees 47,124 47,124 171,921
Total Income 677,760 317,834 995,594 920,526
EXPENDITURE 5
Expenditure on Raising Funds:
Fundraising costs 56,697 56,697 59,315
Expenditure on Charitable Activities:
Holiday Play
146,227 37,831 184,058 122,836
Schemes
Sunday
131,964 88,789 220,754 275,751
Programme
Sports
202,889
Activities
Stay & Play 215,174 125,323 340,497 203,809
Residential
105,006 84,086 189,092 32,511
Schemes
Total Expenditure 655,067 336,030 991,098 897,111
NET INCOME/ (EXPENDITURE)
22,692 (18,196) 4,496 23,415
FOR THE YEAR
RECONCILIATION OF FUNDS
267,493 113,033 380,526 357,111
Total funds brought forward
TOTAL FUNDS
290,185 94,837 385,022 380,526
CARRIED FORWARD
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The charity has no gains or losses either in this or the previous financial period other than those recognised in this Statement of Financial Activities.

The attached Notes on pages 13 to 24 form part of these Financial Statements.

BALANCE SHEET

AS AT 31 MARCH 2021

Note 2021 £ 2021 £ 2020 £ 2020 £
FIXED ASSETS
Tangible fxed assets 9 131,648 113,149
CURRENT ASSETS
Debtors 10 383,151 330,305
Cash at bank and in hand 67,336 67,453
Total 450,487 397,759
CREDITORS: Amounts falling due
within oneyear		 11 197,113 130,382
NET CURRENT ASSETS 253,374 267,377
TOTAL ASSETS LESS CURRENT LIABILITIES 385,022 380,526
FUNDS OF THE CHARITY
Unrestricted Income Funds: 12 290,185 267,493
Restricted Income Funds 13 94,837 113,033
TOTAL CHARITY FUNDS 385,022 380,526

For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

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

These financial statements were approved by the members of the committee and authorised for issue on the 15 March 2022 and are signed on their behalf by:

… … … … … … … … … … … … … … Mrs T Kahan Mrs R Erblich Trustee Treasurer

Company Registration Number 07597656

The Notes on pages 13 to 24 form part of these Financial Statements.

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STATEMENT OF CASH FLOWS

YEAR ENDED 31 MARCH 2021

2021 £ 2020 £
CASH FLOWS FROM OPERATING ACTIVITIES
Net(expenditure)/income 4,496 6,442
Adjustments for:
Depreciation of tangible fxed assets 51,386 38,274
Other interest receivable and similar income
Accrued expenses
Changes in:
Trade and other debtors (52,846) (136,475)
Trade and other creditors 66,731 86,321
Cashgenerated from operations 69,767 (5,438)
Interest received
Net cash from operatingactivities 69,767 (5,438)
Cash Flows from Investing activities
Purchase of Fixed Assets (69,885) (19,946)
Net cash from investingactivities (69,885) (19,946)
NET INCREASE IN CASH AND CASH EQUIVALENTS (117) (25,384)
CASH AND CASH EQUIVALENTS AT BEGINNING OF
YEAR		 67,453 92,837
CASH AND CASH EQUIVALENTS AT END OF YEAR 67,336 67,453

Social Worker, Hackney Social Services

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NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2021

1. GENERAL INFORMATION

The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 37-39 High Road, London N15 6DS. The Charity constitutes a public benefit entity as defined by FRS 102.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through income or expenditure. The financial statements are prepared in sterling which is the functional currency of the Charity.

Going concern

There are no material uncertainties about the charity’s ability to continue. The charity was able to continue operating during the lockdown and the charity has funders who have committed to supporting the charity during these difficult times.

Judgements and key sources of estimation uncertainty

There are no judgements, estimates and assumptions that affect the amounts reported.

Fund accounting

Unrestricted funds

General unrestricted funds comprise the accumulated surplus or deficit on income and expenditure account. They are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity.

Restricted funds

Malky, age 6

Restricted funds are funds subject to specific restricted conditions imposed by donors.

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Incoming resources

These are included in the statement of financial activities (SOFA) when:

the charity becomes entitled to the resources;

it is probable the charity will receive the resources; and

the monetary value can be measured with sufficient reliability

Grants and donations

Grants and donations are only included in the SOFA when the Charity has unconditional entitlement to the resources. Donations represent voluntary amounts received during the year.

EXPENDITURE AND LIABILITIES

Expenditure

Expenditure is charged on an accrual basis and allocated to the appropriate headings in the accounts. The majority of costs are directly attributable to specific activities. Costs incurred in respect of the charitable activities include elements of staff costs and attributable support costs.

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to pay out resources.

Support Costs

Support costs are allocated using a percentage of estimated hours of activity per year.

Governance Costs

Include costs of the preparation and examination of Statutory Accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

Grants payable without performance conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.

VAT

Value Added Tax is not recoverable by the charity, and as such is included together with the relevant costs for all purposes.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight-line basis over the period of the lease.

FIXED ASSETS

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office Equipment 20% reducing balance

Play Equipment 33% reducing balance Motor Vehicles 15% reducing balance (formerly 20% reducing balance) Premises 20% straight line

4. DONATIONS AND LEGACIES

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Unrestricted Restricted Total Total
Funds £ Funds £ 2021 £ 2020 £
Public Sector Grants
Hackney Voluntary Sector Grants 11,736 11,736 19,250
Hackney Youth Opportunities Fund - 7,500 7,500
Haringey Council Grants 43,850 43,850 15,000
TOTAL £55,586 £7,500 £63,086 £34,250
Unrestricted Restricted Total Total
Funds £ Funds £ 2021 £ 2020 £
----- End of picture text -----

Unrestricted
Funds £		 Restricted
Funds £		 Total
2021 £		 Total
2020 £
Other Grants and Donations
Achisomoch Aid 2,800 2,800
Archester Charity 3,000
Awards for all 10,000
BBC Children in Need 10,000 10,000 46,414
Berger M and M 1,000
Boshier Hinton Foundation 1,536 1,536
British Humane Association 5,000
Bruce Wake Charity 2,000
Carlee Ltd 10,000 10,000
Charls S French Charitable Trust 5,000
Children’s Aid Committee 3,000
Childhood Trust 49,997 49,997 39,375
CityBridge Trust 74,530 74,530 24,530
Clothworkers Charitable Company 11,500
CST 20,565 20,565 720
Datelink Ltd 1,500
Daytrippers 3,000 3,000 1,000
Delapage 30,000
DelbrayLtd 5,000
DisabilitySports Development Trust 3,000
Dollond Charitable Trust 10,000 10,000 10,000
East End CommunityFoundation 5,000 5,000
EnablingChildren Activities Fund 6,000
ESC LotteryFoundation 14,000 14,000 10,000
Fastgrand Ltd 1,100 1,100
Hurdale Charity 20,000
Goldheart Ltd 1,000
Greggs Foundation 500 500
Groundwork London 4,500 4,500 5,000
Guardian Trust 3,600 12,000 15,600
HappyDays Charity 505
HaringeyGiving 9,755 9,755
Hasdei Avot Charitable Trust 1,000 1,000
Hobson Charity 1,000 1,000
J E Joseph Charitable Trust 3,000 3,000
Jack PetchyFoundation 500 500
James Wise Charitable Foundation 500 500
JayLow Supplies 12,000
Jewish Ass. For Physically Handi-
capped		 250 250 2,000
Jewish Children’s HolidayFund 2,750 2,750

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John R MurrayCharitable Trust 2,000 2,000
Kirsh Foundation 18,000 18,000
Leathersellers Company 20,000 20,000
Loftus Charitable Trust 1,000 1,000
London Catalyst 840 840
London Taxi Drivers Fund 1,000
Lonia Ltd 2,000
M & R Gross Charities Limited 5,000
Mountpace Ltd 20,000
Open Doors Equipment Fund 5,000 5,000 1,000
PercyBilton 4,998 4,998
R and A Daniel Charitable Trust 4,000 4,000
ReachingCommunities 61,720 61,720
RTR 6,500 6,500
S F Foundation 1,000
Setchell Trust 2,870
Shaarei Rach Limited 500 500
Shoresh Charitable Trust 1,483 1,483 1,900
Siva Charitable 500 500
Skipton BuildingSociety 1,720
Smile for a Child 450 500 500
Sobell Foundation
St James Place Foundation 2,500
Support for All 5,000
Souter Charitable Trust 3,000 3,000
The Bergman Lehane Trust 275 275
The J E Joseph Ch Trust 3,000
The Laufer FamilyCharitable Trust 5,000 5,000
The RosemaryWhite Foundation 60,000
The Potel Charitable Trust 500 500
The Screwfx Foundation 5,000 5,000
The Tottenham Grammar School Foundation 4,000 4,000 7,000
The Trysil Charity 1,000
UJIA Ltd 1,800
Winestock Foundation 5,000
Worshipful Co. Secretaries & Administra-
tors		 2,500
W O Street Foundation 2,500
Yedidim Association Ltd 500 500
CommunityFundraising 230,083 230,083 169,140
Other Donations(less than £1,000) 40,239 40,239 29,714
£325,096 £313,374 £638,470 £645,477
Unrestricted
Funds £		 Restricted
Funds £		 Total
2021 £		 Total
2020 £
StatutoryFees
London Borough of Hackney Social
Services		 71,848 71,848 42,980
HaringeyChildren’s Services 25,011 25,011 28,613
96,859 96,859 71,593
User Personal Budgets and Fees 47,124 47,124 171,921
Investment Income 70 70 80
Insurance Income 11,900
Furlough Scheme 105,638 105,638
Total Income £677.760 £317,834 £995,594 £920,526

5. EXPENDITURE

Dircet costs
£		 Dircet costs
£		 Support
costs £		 Support
costs £		 Total
Funds
2021 £		 Total
Funds
2020 £
FundraisingCosts 56,697 56,697 59,315
HolidayPlaySchemes 167,951 16,107 184,058 122,836
SundayProgramme 199,115 21,639 220,754 275,751
Sports Activities 202,889
Stayand PlayProgramme 301,449 39,048 340,497 203,809
Residential Schemes 177,378 11,714 189,092 32,511
Total £902,590 £88,508 £991,098 £897,111
Breakdown of Expenditure 2021 £ 2020 £
Staf Costs 485,527 351,042
Transport 16,959 50,424
Ofce Costs 44,032 55,654
IT Expenses 14,998 6,238
DayTrips/Entertainment 18,056 18,342
Accommodation and Premises Hire 172,271 151,874
Food 64,035 64,607
Accountancy 8,320 9,600
Hire of Sports Facilities 1,962 10,686
Volunteer Costs 6,797 8,468 “My son comes
Insurance
Arts & Crafts/Toys
Consultancyand Training		 5,792
17,167
25,458		 5,646
13,913
34,288		 home so happy from
the stay and play after
Sports Instructors 31,335 school sessions, thank you
Grants for Individual Activities 71,541 53,653 so much!”
FundraisingCosts 38,157 24,315
Total £991,098 £897,111 Mrs B, parent

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6. ANALYSIS OF SUPPORT COSTS

Support costs are allocated on the basis of the number of hours worked by core staff on each project.

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Office Costs £ Other Costs £ Governance Costs £ Total 2021 £ Total 2020 £
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Office Costs £ Other Costs £ Governance Costs £ Total 2021 £ Total 2020 £
HolidayPlaySchemes 13,537 1,056 1,514 16,107 9,606
SundayProgramme 18,186 1,419 2,034 21,639 13,037
Sports Activities 19,212
Stay& Play programme 32,817 2,561 3,670 39,048 24,015
Residential Schemes 9,842 769 1,103 11,714 2,745
TOTAL £74,382 £5,805 £8,321 £88,508 £68,615

7. EMPLOYEE INFORMATION

The charity employed a management team to manage development, projects and finance. Staff breakdowns were as follows:

The total staff costs and employee benefits for the reporting period are analysed as follows:

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2021 2020 2021 £ 2020 £
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2021 2020 2020 2021 £ 2020 £
Sessional Staf 256 195 Wages and salaries 485,527 355,605
Part-time 52 49 Social securitycosts 6,958 4,891
Full-time 2 3 Total £492,485 £360,496
Total 310 247

No employee received emoluments of more than £60,000 during the year (2020 - Nil). No trustees received any remuneration during the year. The charity did not meet any individual expenses incurred by the trustees for services provided to the charity.

Key Management Personnel

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £74,283 (2020: £71,987).

8. NET INCOMING RESOURCES FOR THE YEAR

This is stated after charging:

2021 £ 2020 £
Depreciation 51,386 38,274
Fees payable for the Independent Examination of the
Financial Statements		 4,200 4,200
Staf Pension contributions 257 257
Operatinglease costs: land and buildings 10,000 10,000

myself for 10 jumps”

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9. TANGIBLE FIXED ASSETS

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Motor Office Play Premises
Total £
Vehicles £ Equipment £ Equipment £ £
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Motor
Vehicles £		 Ofce
Equipment £		 Play
Equipment £		 Premises
£		 Total £
Cost
At 1 April 2020 99,692 34,274 44,037 104,779 282,782
Additions 5,686 26,622 36,577 69,885
At 31 March 2021 99,692 39,960 71,659 141,356 352,667
Depreciation
At 1 April 2020 51,979 23,188 31,598 62,868 169,633
Charge for theyear 6,407 3,354 13,354 28,271 51,386
At 31 March 2021 58,386 26,542 44,952 62,868 221,019
Net Book Value
At 31 March 2021 £41,306 £13,418 £26,707 £50,217 £131,648
At 31 March 2020 £42,713 £11,086 £12,439 £41,911 £108,149

10. DEBTORS

2021 £ 2020 £
Accrued Income
Grants owing 69,011 67,320
Fees owing– Social Services 86,579 69,779
Accounts Receivable 67,015 114,510
Other Debtors
Prepayments 108,546 8,696
Other Taxes and Social Security 52,000 70,000
Total £383,151 £330,305

11. CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR

2021 £ 2020 £
Accruals 4,800 9,300
Accounts Payable 86,936 95,011
Other Taxes and Social Security 8,377 (929)
Loans 97,000 27,000
Total £197,113 £130,382

12. UNRESTRICTED INCOME FUNDS

Balance at 1 April 2020 £ Income £ Expenditure £ Balance at 31 March 2021 £
General Funds £267,493 £677,760 (£655,067) £290,185
Balance at 1 April 2019 £ Income £ Expenditure £ Balance at 31 March 2020 £
General Funds £525,215 £650,012 (£634,734) £267,493

13. RESTRICTED FUNDS ANALYSIS

Funds
brought
Forward £		 Incoming
£		 Outgoing
£		 Funds held
on 31 March
2021 £
Awards for All Maingrant 3,998 1,999 1,999
BBC Children in Need 10,000 10,000
Bob and Shem Tob Charitable Trust 3,000 1,500 1,500
Boshier Hinton Foundation 1,536 506.88 1,029
Bruce Wake Charity 100 100
Charles S French Charitable Trust 3,400 3,400
Childhood Trust 5,000 49,997 49,997 5,000
CityBridge Trust 74,530 74,530
Clothworkers 9,200 2,300 6,900
CST 20,565 4,113 16,452
Day Trippers 3,000 3,000
Delapage Ltd 15,000 15,000
DisabilitySports Development Trust 3,000 550 2,450
Dollond Charitable Trust 7,800 10,000 17,800
East End CommunityFoundation 5,000 5,000
ESC LotteryFund 14,000 11,789 2,211
Guardian Trust 12,000 12,000
Groundwork London 4,500 4,500
HaringeyGiving 9,755 9,755
Hobson Charity 1,000 330 670
James Wise Charitable Foundation 500 500
JackpetcheyFoundation 500 500
J E Joseph Charitable Trust 3,000 3,000
Jewish Ass. forphysicallyhandicapped 250 250
Jewish Childs Day 10,000 5000 5000
Jewish Childrens HolidayFund 2,750 2,750
London Catalyst Foundation 840 840
London Taxi Driver Fund 800 200 600
Open Doors 5,000 1,650 3,350
Percy Bilton 4,998 999.60 3,998
ReachingCommunities 61,720 61,720
Rix Thompson 6,500 6,500
Screwfx Foundation 2,400 5,000 5,600 1,800
Shoresh 1,900 1,483 3,383
Skipton BuildingSociety 1,376 344 1,032
Sobell Foundation 6,400 1,600 4,800
The Lords’ Taverners 14,245 2,136.75 12,108
The Potel Charitable Trust 500 500
The Tottenham Grammar School founda-
tion		 2,500 4,000 6,500
VarietyClub 22,915 3,437.25 19,478
Total £113,034 £313,374 £336,030 £90,378

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14. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible
fxed assets		 Net current
assets/ (lia-
bilities)		 Total 2021
Restricted Income Funds:
Restricted Fund 90,378 4,459 94,837
Unrestricted Income Funds 41,270 248,916 290,185
Total £131,648 £253,375 £385,022
Tangible
fxed assets		 Net current
assets/ (lia-
bilities)		 Total
2020
Restricted Income Funds:
Restricted Fund 84,334 28,699 113,033
Unrestricted Income Funds 56,264 195,951 267,493
Total £131,477 £225,634 £380,526

15. OPERATING LEASE COMMITMENTS

The total future minimum lease payments under non-cancellable operating leases are as follows:

2021 £ 2020 £
Not later than 1year 10,000 10,000
Later than 1 year and not later than
5years		 10,000
Later than 5years - -
Total £10,000 £20,000

16. LIMITED BY GUARANTEE

The charity is a company limited by guarantee and has no share capital. The liability of each trustee in the event of winding up is limited to £1.

17. RELATED PARTIES

No transactions with related parties were undertaken such as are required to be disclosed.

B, age 6

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The Board of Trustees

Mrs T Kahan Mr B Hofstatter Mrs R Erblich Mr M Friesel Mrs R Margulies Mr Y Hager (Appointed 1 January 2022)

Independent Examiner

Cohen Arnold Chartered Accountants & Statutory Auditor New Burlington House 1075 Finchley Road London NW11 0PU

Charity Offices

37-39 High Road London N16 6DS T: 020 8802 2362 W: www.stepbystepkids.org.uk E: info@stepbystepkids.org.uk

Bankers

Barclays Bank PLC Barnet & Hampstead Team PO Box 12820 1250 High Road Whetstone London BX3 2BB

Solicitors

Bates, Wells and Braithwaite Cheapside House 138 Cheapside London EC2V 6BB

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