2021-03-31-accounts - Stepping Stones (Luton)

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Report ofthe Trustees		1	to	9
Independent Examiner's Report			10
Statement of Financial Activities
Statement of Financial Position		12	to	13
Statement of Cash Flows			14
Notes to the Statement of Cash	Flows		15
Notes to the Financial Statements		16	to	23
Detailed Statement of Financial	Activities	24	to	25

Intervention	/ services	/ services				No. ofwomen
One to one	support	(Luton)				173
One to one	support	(Central Beds)				44
BeNCH (probation)						88
Group programmes		(incl Freedom,	Own		My Life)	34
Education,	Training	and Employment		support		35
Counselling						26

for the Year Ended 3	1 March 20	21
						31.3.21	31.3.20
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	2	2	F	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				27,663		27,663	197,083
Charitable activities
Support services for	vulnerable	women		163,249	444,048	607,297	355,531
Investment income				91		91	330
Total				191,003	444,048	635,051	552,944
EXPENDITURE ON
Raising funds							10,419
Charitable activities
Support services for	vulnerable	women		99,245	399,439	498,684	550,462
Total				99,245	399,439	498,684	560,881
NET INCOME/(EXPENDITURE)				91,758	44,609	136,367	(7,937)
RECONCILIATION OF FUNDS
Total funds brought	forward			152,759	155,582	308,341	316,278
TOTAL FUNDS CARRIED FORWARD				244,517	200,191	444,708	308,341

Statement of Financial Position 31 March 2021
					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes			F
FIXED ASSETS
Tangible assets		11	7~249		~7249	20 223
CURRENT ASSETS
Debtors		12	20,756	11,648	32,404	23,911
Cash at bank and in hand			235,359	249,890	485,249	334,616
			256,115	261,538	517,653	358,527
CREDITORS
Amounts falling due within one	year	13	(18,847)	(61,347)	(80,194)	(70,409)
NET CURRENT ASSETS			~237268	~200 191	~437459	288,118
TOTAL ASSETS LESSCURRENT
LIABILITIES			244,517	200,191	444,708	308,341
NET ASSETS			~244 517	~200 191	~444 708	308,341
FUNDS		15
Unrestricted funds:
General fund					244I517	152,759
Restricted funds:
Support services for vulnerable	women				200,191	155,582
TOTAL FUNDS					444,708	308,341

Statement of Cash Flows
for the Year Ended 31 March 2021
			31.3.21	31.3.20
		Notes
Cash flows from operating	activities
Cash generated from operations Interest paid		1	150,763 ~130	4,679 ~243)
Net cash provided by operating activities			150,633	4,436
Cash flows from investing activities Purchase of tangible fixed assets				~197)
Net cash provided by/(used	in) investing	activities		~197)
Change in cash and cash	equivalents
in the reporting period			150,633	4,239
Cash and cash equivalents	at the
beginning ofthe reporting	period		334,616	330,377
Cash and cash equivalents	at the end
ofthe reporting period			485,249	334,616

RECONCILIATION ACTIVITIES	OF	NET INCOME/(EXPE	NDITURE) TO NET CAS	H FLOW FROM	OPERATING
				31.3.21	31.3.20
				2
Net income/(expenditure)		for the reporting	period (as per the
Statement of Financial		Activities)		136,367	(7,937)
Adjustments for:
Depreciation charges				12,974	23,831
Interest paid				130	243
(Increase)/decrease	in debtors			(8,493)	3,684
Increase/(decrease)	in creditors			9,785	~15,142
Net cash provided	by operations			~150763	4,679

ANALYSIS OF CHANGES	ANALYSIS OF CHANGES
		At 1.4.20	Cash flow	At31.3.21
		2	2
Net cash
Cash at bank and	in hand	334,616	150,633	485,249
		~334616	150,633	485,249
Total		~334616	~150633	~485 249

period to whi	ch they relate.	ch they relate.
DONATIONS	AND LEGACIES
									31.3.21	31.3.20
									2
Donations									27,663	197,083
INVESTMENT INCOME
									31.3.21	31.3.20
Interest received									91	330
INCOME FROM CHARITABLE			ACTIVITIES
									31.3.21	31.3.20
		Activity							2
Service agreement		Support			services	for vulnerable		women	77,762	75,010
Grants		Support			services	for vulnerable		women	484,898	280,521
Government	Job Retention
Scheme		Support			services	for vulnerable		women	~44 637
									607,297	355,531
Grants received, included		in the	above, are as			follows:
									31.3.21	31.3.20
									2
Bedfordshire	Pre-School Learning			Alliance						31,978
Bedfordshire	and Luton Community				Foundation	- London	Luton
Airport Ltd Fund									154,445
Department	for Digital, Culture,		Media 6 Sport						4,988	80,835
Tudor Trust									25,500	29,956
Resolutions	Partnership								10,000	10,000
Awards For	All								9,394	10,000
Lloyds Bank	Foundation								38,441	32,800
Central Beds Council										35,000
Ministry Ol Justice									39,106	14,552
Carried forward									281,874	245,121

for th	e Year Ended 31 March 2021	e Year Ended 31 March 2021
4.	INCOME FROM CHARITABLE		ACTIVITIES - continued
						31.3.21	31.3.20
						6
	Brought forward					281,874	245,121
	VERU (Police and Crime	Commissioner)					8,500
	The Henry Smith Charity					53,800	26,900
	Bedfordshire Luton Community		Foundation	(emergency	Covid)	3,457
	Garfield Weston					25,000
	Julia and Hans Rausing					41,285
	Police and Crime Commissioner					10,290
	Pilgrim Trust					23,698
	Women's Aid					24,244
	Steel Charitable Trust					15,000
	Active Luton					400
	Luton Borough Council					~5850
						~484 898	280,521
5,	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 6)	Totals
					8		F
	Support services for vulnerable
	women				~404 728	~93 956	~498 684
6.	SUPPORT COSTS
							Other
							E
	Support services for vulnerable		women				93,956
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated atter charging/(crediting):
						31.3.21	31.3.20
						8
	Depreciation - owned assets					12,974	23,831
	Independent Examiner's	remuneration				2,250	2,250

		31.3.21	31.3.20
		2	2
Wages	and salaries	353,603	347,129
Social Other	security costs pension costs	23,064 ~6467	23,875 6,470
		~383134	377,474

No employees received	emoluments	emoluments	emoluments	in excess of 260,000.
The employee benefits	of key		management	personnel	for the company	were	294,414 (2020:
295,719).
COIIIIPARATIVES FOR	THE STATEMENT OF FINANCIAL				ACTIVITIES
					Unrestricted	Restricted		Total
					fund	funds		funds
					2	2		2
INCOME AND ENDOWMENTS			FROM
Donations and legacies					25,281	171,802		197,083
Charitable activities
Support services for vulnerable		women			85,010	270,521		355,531
Investment income					330			330
Total					110,621	442,323		552,944
EXPENDITURE ON
Raising funds						10,419		10,419
Charitable activities
Support services for vulnerable		women			118,810	431,652		550,462
Total					118,810	442,071		560,881

for th	e Year Ended 31 March 2	e Year Ended 31 March 2	021	021	021
10.	COMPARATIVES FOR		THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted	Restricted	Total
				fund	funds	funds
				2
				(8,189)	252	(7,937]
	RECONCILIATION	OF	FUNDS
	Total funds brought forward			160,948	155,330	316,278
	TOTAL FUNDS CARRIED FORWARD			152,759	155,582	308,341
11.	TANGIBLE FIXEDASSETS
				Short	Fixtures
				leasehold	& equipment	Totals
				2	2	2
	COST
	At 1 April 2020 and	31 March 2021		129,248	46,085	175,333
	DEPRECIATION
	At 1 April 2020			109,215	45,895	155,110
	Charge for year			~12925	49	~12974
	At 31 March 2021			~122140	~45944	~168084
	NET BOOK VALUE
	At 31 March 2021			7,108	141	7,249
	At 31 March 2020			20,033	190	20,223
12.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.3.21	31.3.20
					f
	Trade debtors				19,462	13,752
	Other debtors				2,541
	Prepayments				~10401	10,159
					32,404	23,911

								31.3.21	31.3.20
								F	8
Trade creditors								897	3,854
Social security		and other		taxes				18,979	22,629
Other creditors								25,185	30,371
Accruals	and	deferred	income					~35133	~13555
								80,194	70,409
LEASING AGREEMENTS
Minimum	lease payments			under	non-cancellable	operating	leases fall due	as follows:
								31.3.21	31.3.20
								2
Within one year								2,663	18,000
Between	one	and five	years						2,663
								2,663	20,663
MOVEMENT		IN FUNDS
								Net
								movement	At
							At 1.4.20	in funds	31.3.21
							2	2	2
Unrestricted		funds
General	fund						152,759	91,758	244,517
Restricted funds
Support	services for vulnerable				women		155,582	44,609	200,191
TOTAL	FUNDS						~308341	136,367	~444 708
Net movement		in funds,		included	in the above	are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
							2
Unrestricted		funds
General	fund						191,003	(99,245)	91,758
Restricted funds
Support	services for vulnerable				women		444,048	(399,439)	44,609
TOTAL	FUNDS						635,051	(498,684)	136,367

Compar	atives	for moveme	nt	in fun	ds
							Net
							movement	At
						At 1.4.19	in funds	31.3.20
						6	6
Unrestricted		funds
General	fund					160,948	(8,189)	152,759
Restricted funds
Support	services for vulnerable			women		155,330	252	155,582
TOTAL	FUNDS					316,278	~7,937)	308,341
Comparative		net movement	in	funds,	included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
							6	6
Unrestricted		funds
General	fund					110,621	(118,810)	(8,189)
Restricted funds
Support	services for vulnerable			women		442,323	(442,071)	252
TOTAL	FUNDS					552,944	(560,881)	~7,937)

Detailed Statement	Detailed Statement	of Financial	of Financial
for the Year Ended 31 March 2021
						31.3.21	31.3.20
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
INCOME AND ENDOWMENTS
Donations and legacies
Donations				~27663		~27663	197083
Investment income
Interest received				91		91	330
Charitable activities
Service agreement				77,762		77,762	75,010
Grants				40,850	444,048	484,898	280,521
Government Job	Retention		Scheme	~44 637		~44 637
				~163249	~444 048	~607297	355,531
Total incoming resources				191,003	444,048	635,051	552,944
EXPENDITURE
Raising donations		and legacies
Consultancy fees							10419
Charitable activities
Salaries				61,521	292,082	353,603	347,129
Social security				4,404	18,660	23,064	23,875
Pensions				962	5,505	6,467	6,470
Staff training				26	5,406	5,432	13,666
Recruitment costs					500	500	3,065
DEScosts				328	254	582	773
Refreshments &canteen expenses				338		338	3,228
Travel expenses				141	27	168	8,721
Supervision costs				1,088	6,259	7,347	15,190
Materials				735	1,447	2,182	2,153
Service user support		expenses					522
Venue hire							4,515
Accountancy				5,045		5,045	7,725
Trustee expenses							1,222
				74,588	330,140	404,728	438,254
Supportcosts
Other
Advertising							457
Fundraising and	promotion			123		123
Rent &parking	payable			~2961	~16245	~19206	18860
Carried forward				3,084	16,245	19,329	19,317

					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2		2	2
Other
Brought forward			3,084	16,245	19,329	19,317
Rates &water rates			2,826		2,826	2,178
Insurance			920	631	1,551	5,504
Telephone			4,854	10,285	15,139	8,732
Printing, postage	& stationery		499	1,952	2,451	1,977
Repairs, renewals	& alterations		363	9,513	9,876	7,208
Light & heat			79	2,200	2,279	3,610
Computer & software expenses			5,471	12,390	17,861	15,694
Subscriptions			1,226	390	1,616
Professional fees			755		755	835
Consultancy fees						6,313
Volunteer expenses			170	1,805	1,975
Refuse collection	&cleaning		925	2,807	3,732	2,571
Sundry expenses			394		394	3,216
Irrecoverable VAT			1,068		1,068	10,979
Depreciation of short leasehold			1,886	11,039	12,925	12,925
Depreciation of fixtures		& equipment	7	42	49	10,906
Bank charges & interest			130		130	243
			24,657	69,299	93,956	112,208
Total resources expended			~99245	~399439	~498 684	560,881
Net (expenditure)/income			~91758	~44 609	~136367	~7,937)