**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:
- Provide enjoyable activities for disabled children and young people that contribute to their social, emotional, physical and intellectual development.
- Provide respite to the parents, carers and families of disabled children, enabling them to stay physically and emotionally healthy, keep their families intact and improve their lives. Goals for 2020/21;
- To maintain the services in a safe way during the world-wide crisis and to support families in new ways when necessary.
- To develop and maintain relationships with key funders and supporters.
- To implement additional sustainable income, by launching an Ofsted 2-year-old setting to run on site when services are not running.
1. TARGET: To maintain the services in a safe way during the world-wide crisis and to support families in new ways when necessary.
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;
- Full day Sunday activities were provided for children and separately for adolescent boys and adolescent girls. Due to the covid 19 pandemic this service was revamped to reflect the risks and groups ran 1:1 or In smaller bubbles.
- Holiday play schemes were run separately for children up to age 9 and for adolescents aged
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.
- 1000’s of meals were sent out to families in the form of actual cooked food/meal vouchers during the peak months of the lockdowns. This was a completely new activity to support families and it was greatly appreciated and a real help to families struggling mightily during a world wide pandemic.
## 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.
3. 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:
- City Bridge Trust who have partnered with Step by Step to run music sessions and Art sessions for children with disabilities, and supported Covid work at Step by Step.
- The Disabled Children’s Teams in both Hackney and Haringey with whom we continue to have an excellent working relationship in the provision of Short Breaks.
- The Kirsh Family Office for the close relationship we have developed and the support towards the children’s activities enabling us to fulfil our mission.
- The Childhood Trust who match funded projects during the Big Give challenge.
- The JLC who awarded a covid survival grant to Step by Step.
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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4. 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;
- make judgements and estimates that are reasonable and prudent;
• 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:
- there is no relevant audit information of which the charitable company’s auditor is unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
## 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)
**----- Start of picture text -----**
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
**----- End of picture text -----**
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:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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
**----- Start of picture text -----**
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||
25
24
## 6. ANALYSIS OF SUPPORT COSTS
Support costs are allocated on the basis of the number of hours worked by core staff on each project.
**----- Start of picture text -----**
Office Costs £ Other Costs £ Governance Costs £ Total 2021 £ Total 2020 £
**----- End of picture text -----**
||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:
**----- Start of picture text -----**
2021 2020 2021 £ 2020 £
**----- End of picture text -----**
||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
**----- Start of picture text -----**
Motor Office Play Premises
Total £
Vehicles £ Equipment £ Equipment £ £
**----- End of picture text -----**
||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|
29
28
## 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
31
30
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
32