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2020-09-30-accounts

The Stepladder Foundation A Charitable Incorporated Organisation Charity Registration No 1156906

Trustees’ Report and Accounts For the year 1 Oct 2019 to 30 Sep 2020

The Stepladder Foundation Trustees’ Report 2019-2020

REFERENCE INFORMATION

Charity Name

The Stepladder Foundation

Trustees

Oliver Dunn Louise Francis Saher Shah Melis Beysal Anneliese Amoah

Registration Number 1156906 Chief Executive Alison Jones Contact Office Clanra Phoenix Lane Ashurst wood West Sussex RH19 3QZ

Telephone: 01342 824178 e-mail: info@thestepladder.com Website: www.thestepladder.org

Independent Examiner

Not Required

Bank

The Co-Operative Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT

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The Stepladder Foundation Trustees’ Report 2019-2020

Contents 1 Summary .............................................................................................................................................. 4 2 Objectives and Activities ...................................................................................................................... 4 2.1 Public Benefit Statement .............................................................................................................. 4 3 Achievements and Performance in the Year ....................................................................................... 5 3.1 Overview ....................................................................................................................................... 5 4 Structure, Governance and Management ........................................................................................... 5 4.1 Governing Document .................................................................................................................... 5 4.2 Recruitment and Appointment of Trustees .................................................................................. 5 4.3 Trustee Induction and Training ..................................................................................................... 5 4.4 Risk Management ......................................................................................................................... 5 4.5 Organisational Structure ............................................................................................................... 5 4.6 Related Parties .............................................................................................................................. 5 4.7 Management Committee .............................................................................................................. 5 4.8 Accountant/Auditor ...................................................................................................................... 5 5 Financial Review ................................................................................................................................... 6 5.1 Funding Sources ............................................................................................................................ 6 5.2 Investment Policy .......................................................................................................................... 6 5.3 Reserves Policy .............................................................................................................................. 6 5.4 Plans for Future Periods ................................................................................................................ 6 6 Independent Examiner’s Report .......................................................................................................... 6 7 Statement of Financial Activities.......................................................................................................... 6 8 Declaration ........................................................................................................................................... 7

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The Stepladder Foundation Trustees’ Report 2019-2020

1 Summary

During the period of the report the charity investigated several potential funding options but unfortunately none came to fruition. The year’s costs therefore reflect that activity.

This report follows the guidance as outlined in the Charity Commission Guidance document CC15c.

2 Objectives and Activities

Purpose and Aim

The charity’s purpose is set out in the CIO Constitution:

The focus of our work

During the period of this report the focus of the effort was on investigating sources of funding.

2.1 Public Benefit Statement

As defined in the constitution:

For the public benefit to promote the education (including social and physical training) of people under the age of 25 years in such ways as the charity trustees think fit, including by: 1. providing their education (including the study of music or other arts) or to prepare for entry to any occupation, trade or profession on leaving any educational establishment.

To assist in such ways as the charity trustees think fit any charity in the UK whose aims include advancing education of persons under the age of 25 years by developing their mental, physical and moral capabilities through leisure time activities.

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The Stepladder Foundation Trustees’ Report 2019-2020

3 Achievements and Performance in the Year

3.1 Overview

During the period of the report most of the work of the charity has been pro-bono, carried out by volunteers. This has included face to face work with students, work at Cambridge University, and meetings with potential corporate funders. Barratt Development donated £10,000 and Girton College Cambridge £2000, other smaller donations totalled 3682.50. Stepladder are in negotiations with Deloitte Digital to provide approximately £50,000 over 2 years. With these donations the charity is preparing for a fully funded programme with young people planned to start in late 2021. Three new trustees were appointed who have a varied background and will provide significant expertise to the running of Stepladder.

4 Structure, Governance and Management

4.1 Governing Document

The charity is a Charitable Incorporated Organisation (CIO) and was registered on the 2nd May 2014.

4.2 Recruitment and Appointment of Trustees

The trustees who served during the year were:

The trustees can be in place for up to four years.

4.3 Trustee Induction and Training

The current trustees are familiar with the function of the charity and have been involved in previous similar schemes.

The definition and creation of policy and procedure in this area is to be developed.

4.4 Risk Management

There is a risk register and where appropriate, systems or procedures have been established to mitigate the risks the charity faces, notably for Child Protection and Disclosure and Barring Service (DBS) checks.

The charity is insured for public liability as the need arises.

4.5 Organisational Structure

The organisation is small, aside from the trustees there is an Operations Team which for this year was reduced to the CEO and a part-time unpaid administrator.

4.6 Related Parties

There are no directly related parties. However, the charity is guided by national educational and child protection policies.

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The Stepladder Foundation Trustees’ Report 2019-2020

4.7 Management Committee

The operational management meet quarterly to review the performance of the programme and ensure good governance. The Chief Executive has delegated authority for operational matters.

4.8 Accountant/Auditor

Not used.

5 Financial Review

5.1 Funding Sources

Funding was provided as shown in the tale below:

Donations

Donations
Barratt Development
Girton College Cambridge
Virgin Money
Total		 £
10000
2000
683
12683

There are no custodian trustees.

There are no “grant-making” nor investment activities.

At the request of HMRC a submission was made for Corporation Tax for 2019-2020

5.2 Investment Policy

For the period of the this report no investments were made.

5.3 Reserves Policy

For the period of the this report no reserves were held.

5.4 Plans for Future Periods

There are plans for a Stepladder Programme in a London Borough and work at a major university to start in Autumn 2021. A Development Day for students has taken place at The Forest Academy in LB Redbridge (9[th] July 2021). Stepladder is further developing the association with Barratt and finalising details of that Deloitte Digital will provide. A full programme is planned to run from September 2021 through to 2023.

6 Independent Examiner’s Report

Not required

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The Stepladder Foundation Trustees’ Report 2019-2020

7 Statement of Financial Activities

The Stepladder Foundation Statement of Financial Activities For the year ended 30 September 2020

Incoming Resources
Starting Balance
Donations
Resources Expended
Charitable Activities
Net Income
Total funds carried forward for 2018-2019
Balance Sheet as of 30 September 2020
Fixed Assets
Current Assets
Total Funds
Staff
Chief Executive
Administrative Support
Total
Total payroll costs
CIO (part time, 3 day week)
Total		 £
0
213.83
12682.5
127.27
2000
10769.06
10769.06
£
0
10769.06
10769.06
1
1
2
£
0
0

NOTE: no payroll (PAYE) running

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The Stepladder Foundation Trustees’ Report 2019-2020

8 Declaration

The trustees declare that they have approved the trustee’s report above.

Signed Date 12 08 2021

Oliver Dunn

Chair of Trustees

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The Stepladder Foundation 1156906 Receipts and payments accounts For the period Period start date To from 01/10/2019

1156906 Period end date 30/09/2020

CC16a

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
10,000
2,000
682
-
-
-
-
-
12,682
-
-
-
12,682
2,000
127
-
-
-
-
-
-
-
2,127
-
-
-
2,127
10,555
-
-
10,555		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £		 Total funds
to the nearest £
10,000
2,000
682
-
-
-
-
-
12,682
-
-
-
12,682
2,000
127
-
-
-
-
-
-
-
2,127
-
-
-
2,127

10,555		 Total funds
to the nearest £
10,000
2,000
682
-
-
-
-
-
12,682
-
-
-
12,682
2,000
127
-
-
-
-
-
-
-
2,127
-
-
-
2,127

10,555		 Last year
to the nearest £
Barrett Development 10,000 -
-
-
-
-
-
-
-
-		 10,000 -
Girton College Cambridge 2,000 2,000 -
Donations via Virgin Giving 682 682 -
- - -
- - -
- - -
- - -
- - -
Sub total(Gross income for
AR)		 12,682 12,682 -
A2 Asset and investment sales,
(see table).
- -
-
-		 -
- - -
Sub total - - -
Total receipts
A3 Payments
- 12,682 -
consultingand Mentoringfees 2,000 -
-
-
-
-
-
-
-
-
-		 2,000 -
computingmaterials 127 127 -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
**Sub total ** 2,127 2,127 -
A4 Asset and investment
purchases, (see table)
- -
-
-		 -
- -
**Sub total ** - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 2,127 -
10,555 - -
10,555		 -
- - -
-		 - -
- - - -
10,555 - - 10,555 -

CCXX R1 accounts (SS)

10/08/2021

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Signature
Details
Details
Details
Details
COOP BANK (Deltailed in TAR)
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
10,555
-
-
-
-
-
10,555
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
OLIVER DUNN		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
OLIVER DUNN

CCXX R2 accounts (SS)

10/08/2021

2