stepping
stones •
Llj/_
ANNUAI
2021
table of CONTENTS 1 OVERVIEW AND INTRODUCTION FROM OUR CHAIR OF TRUSTEES REPORT FROM OUR TREASURER 2
STORY OF 2021 FROM OUR 3 OPERATIONS MANAGER
ACKNOWLEDGEMENTS 4
## OVERVIEW
**Stepping Stones Learning and Leisure is a charity that provides meaningful and worthwhile activities by working with, learning from, and listening to adults with learning disabilities.**
**Our weekly programme of activities includes art, drama, dance, and music. People who attend Stepping Stones can learn new skills, share experiences and broaden their horizons.**
**Activities are delivered at a community centre, but we also work off site in partnership with other organisations in the area. During the first half of 2021 all of our activities were online.**
## INTRODUCTION FROM OUR CHAIR OF TRUSTEES
"We know that meeting face to face is best for most of our students and re-connecting with them is a priority”
Stepping Stones Annual Report, 2020
## **This was our heartfelt wish at the end of 2020 and thankfully, we have been able to do this - and then some!**
It has been a year of two halves. Initially we were nipping and tucking within Covid rules and the need to keep us all safe by providing a hybrid of online and face to face classes. There was no doubt that the vast majority wanted to return and from September, we were offering almost a full range of classes. The joy, relief and care was palpable and everyone was so happy to be back. Here's hoping that this continues into 2022.
Thanks are due to our tutors, supporters, carers, trustees and most of all, our students who once again, inspired us with their resilience and strengthened our determination.
The Board has started a process of recruiting new trustees. This is to ensure that Stepping Stones will continue with strength, best reflecting the community we serve and continuing this wonderful and important provision.
Lynn Bransby, Chair of Trustees
## report from our treasurer
Our ability to offer in-person classes has continued to be affected throughout 2021 by the impact of COVID-19 on group activities.
For the first four months of the year, we again offered online sessions using zoom, building on the experience acquired through 2020 to make these as interactive and appealing as possible.
From June we resumed some in-person activities on a trial basis but due to the vulnerable nature of our service-users we exercised a cautious approach and sessions were run with small groups and / or using outdoor space as far as possible.
From September we returned to a more regular timetable of seven classes per week and, through working together with carers and service-users to ensure a safe environment for everyone, we were able to continue to run these through to the end of the ten-week term. Notwithstanding this, and unsurprisingly, 2021 saw an ongoing reduced number of service-users attending classes, which again impacted our income although not to the same extent as 2020.
- Our income for 2021 was £65,885 compared to £47,185 in 2020 and £86,668 in 2019. Our spending this year was £54,217, compared to £49,615 in 2020 and £58,629 in 2019. As a result of the ongoing restrictions on our ability to provide face-to-face classes more of our running costs this year were in the form of costs relating to the provision of online services e.g. tutors working in flexible ways to meet service user needs, with hall hire again being a smaller part of our overall expenditure.
We ended the year with a surplus of £11,668 compared to a loss of £2,430 in 2020. This outcome compared to 2020 is a result of our cautious approach to expenditure during a year that was, again, far from normal.
The trustees continue to monitor our financial position carefully to ensure that, as a charity, we remain prepared for the unexpected while meeting our obligations to our funders to make full use of the resources made available to us.
Our accounts are independently examined annually by our accountants, Gibson’s Financial Limited, and their separate report containing more detailed financial information is available and filed on the charity commission website.
Jennifer Walmsley, Treasurer
## the story OF 2021
## online
From January to May we ran a regular weekly timetable of online classes. The sessions provided routine, familiarity and sustained our sense of community. **We exchanged smiles and waves, and we shared laughter, fun and words of encouragement.**
Through this structure we also kept a sense of momentum. We have learnt new dances and songs, and created wonderful pieces of art.
**Our work in the early part of the year was an investment for the future that we all hoped to share together.**
127 190 35 Art, Dance and Music Activity hours Jan - May Service Users sessions participating remotely
## digital inclusion
We supported our online delivery with targeted digital support for people who were not able to access our activities.
We provided devices and data, and we offered guidance, advice and 'walk throughs' to enable people to get online.
## Summer
## **7 week trial of face to face activities**
In June we started a 7-week trial of face to face activities at our Community Centre base. We had 6 classes face to face classes, 2 zoom classes and 1 hybrid class per week.
It was wonderful to see people again – in some cases for the first time in over a year. Through these sessions we learned more about individual experiences during lockdown and how isolated some people had been.
We saw the impact of our months of online engagement with connections sustained and skills demonstrably attained.
We overwhelmingly observed the benefit and value in being together, and the readiness and willingness that people had for returning to face to face activities.
56 Classes over 7 weeks 84 Activity hours 53 Service users
51% Increase in participation
BACK TOGETHER - SUMMER ZOZI
Iiid
**----- Start of picture text -----**
Reopening
**----- End of picture text -----**
## **Building on the success of our summer activities, we returned to the centre in September with a timetable of 7 classes per week.**
Bringing people back together came with the huge responsibility of doing all we could to keep people safe. This included new protocols and procedures to maintain distance and ventilation. We maintained a hybrid model of online/in person delivery for art. We made the hard decision to reduce capacity in face to face classes so that we could focus on making our reopening as safe as possible.
We worked with carers and support workers to share knowledge and ideas about how best to support service users through the changes involved in our new operating model. Familiarity and structure have often been a source of comfort for our service users, and quickly we were able to establish reassuring routines.
## reasons to celebrate
**As we reached the end of the year we had plenty to be thankful for:**
- Engagement up over 70% from January Adapting and delivering over 400 hours of activity Re-establishing a weekly timetable No cases of COVID transmission at Stepping Stones
**----- Start of picture text -----**
Number of people engaging or attending
60
40
20
0
Online Jan - Jun Summer trial September December
140
Activity hours Sep - Dec
**----- End of picture text -----**
**We ended the year full of festive cheer. Although we anticipate that COVID will continue to present difficult challenges, our community has shown patience, resilience and determination . Together we have adapted, recovered and rebuilt. With connections and our sense of purpose stronger than ever, we look forward to 2022 with optimism and ambition.**
Catriona Finlayson, Operations Manager
## ACKNOWLEDGEMENTS
Our funders have shown great enthusiasm and support for our approach this year. We would not have been able to deliver such responsive and comprehensive activities throughout 2021 without the funding we received.
Huge thanks to the **Peter Minet Trust, Baily Thomas Trust** , **Southwark Council** , **St Faiths PCC, Dulwich Choral Society** and **Barclays** for generous support, encouragement and belief.
**Stepping Stones Learning and Leisure** St Faiths Community Centre Redpost Hill London SE24 9JQ
07950 612 914
www.steppingstoneslearning.org.uk info@steppingstoneslearning.org.uk
registered charity number: 1174850
The **Tutors, Volunteers and Trustees** at Stepping Stones have worked incredibly hard all year – balancing the many competing challenges of maintaining and then transitioning from remote to in person activities.
Our return to face to face activities was made possible by the patience, reassurance and generosity of the staff at **St Faiths Centre and Church** who have been endlessly accommodating and enthusiastic in our quest to come back.
The **Carers and Support Workers** who have always been valued members of the Stepping Stones community. Thank you this year for sharing your experiences, knowledge and care as we rebuilt our activities.
**Finally - thank you to our amazing Service Users. You have inspired us with patience, courage and determination.**
**----- Start of picture text -----**
WE
THANK
YOU
ALL
**----- End of picture text -----**
## **STEPPING STONES LEARNING AND LEISURE**
## **(CHARITABLE INCORPORATED ORGANISATION)**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Registered Charity Number 1174850**
**Gibsons Financial Limited Chartered Accountants Foresters Hall 25-27 Westow Street London SE19 3RY**
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
**YEAR ENDED 31 DECEMBER 2021**
## **CONTENTS**
## **PAGES**
|`Administrative Information`|`2`|
|---|---|
|`Executive Committee & Trustees Report`|`3`|
|`Independent Examiners Report`|`4`|
|`Statement of Financial Activities`|`5`|
|`Balance Sheet`|`6`|
|`Notes to the Financial Statements`|`7`|
|`Detailed Income and Expenditure`|`9`|
```
1
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
**ADMINISTRATIVE INFORMATION AS AT 31 DECEMBER 2021**
|**REGISTRATION DETAILS**|`Stepping Stones Learning and Leisure is a charitable`|
|---|---|
||`incorporated organisation (CIO) under charity number`|
||`1174850.`|
|**GOVERNING DOCUMENT**|`Stepping Stones Learning and Leisure is governed by the`|
||`Charities Act 2011 and its constitution.`|
|**EXECUTIVE COMMITTEE**|`Lynn Bransby – Chair`|
||`Christine Baldwin – Resigned 14/09/2021`|
||`Christopher Cooper – Resigned 20/05/2021`|
||`Savie Musendo – Resigned 16/11/2021`|
||`Sylvie Wells – Resigned 11/01/2021`|
||`Terry Baldwin – Secretary`|
||`Gillian Kerr – Vice Chair`|
||`Sally Reid - User Representative`|
||`Jennifer Walmsley – Treasurer`|
||`Susan Height - Member`|
||`Julia Barbosa - Member`|
|**PRINCIPAL ADDRESS OF CHARITY**|`St Faith’s Community Centre`|
||`Red Post Hill`|
||`Herne Hill`|
||`London`|
||`SE24 9JQ`|
|**ACCOUNTANTS**|`Gibsons Financial Limited`|
||`Chartered Accountants`|
||`Foresters Hall`|
||`25-27 Westow Street`|
||`London SE19 3RY`|
|**BANKERS**|`Lloyds TSB Plc`|
||`12 Croxted Road`|
||`London`|
||`SE21 8SP`|
```
2
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **EXECUTIVE COMMITTEE AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2021**
```
The Executive Committee of Stepping Stones Leaning and Leisure present their Financial Statements for
the year ended 31 December 2021.
```
## **PRINCIPAL ACTIVITY**
```
The principal activity of the charity is to help adults with learning disabilities to help themselves.
```
```
In planning our activities for the year we kept in mind the Charity Commissioner’s guidance on public
benefit at our trustee meetings.
```
```
The focus of our activities is to provide a range of much needed local workshops for adults with learning
disabilities, and so enabling an often neglected section of the community to work from a base where they
can make new friends and build their skills. The workshops promote health and hygiene; exercise and
fitness; and drama and self-development. This benefits the disabled people by developing their self-
confidence, social skills and life skills.
```
```
We welcome all disabled people regardless of personal background, faith, gender or personal
circumstances and we believe this philosophy of openness to all enriches everyone through the sharing of
the skills, aptitudes and life experiences of our disabled people. The trustees confirm that they have
complied with their duties under schedule 3 of The Charities Act 2011 with regard to charity commission’s
guidance on public benefit.
```
## **ACTIVITIES, DEVELOPMENTS AND ACHIEVEMENTS**
```
See Stepping Stones Learning and Leisure’s separate Annual Report.
```
## **STATEMENT OF EXECUTIVE COMMITTEE RESPONSIBILITIES**
```
Law applicable to charities in England and Wales requires the Executive Committee to prepare Financial
Statements, which give a true and fair view of the state of affairs of the charity and its income and
expenditure for that period. In preparing these Financial Statements, the Executive Committee are required
to:-
```
- `select suitable accounting policies and apply them consistently;`
- `make judgements and estimates that are reasonable and prudent;`
- `state whether applicable standards and statement of recommended practice have been followed, subject to any material departures disclosed and explained in the Financial Statements; and`
- `prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the project will continue in operation.`
- `Observe the methods and principles in the Charities SORP (FRS102).`
```
The Executive Committee are responsible for keeping proper records which disclose at any time the
financial position of the project. They are also responsible for safe guarding the assets of the organisation
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
```
```
…………………………..
```
```
Lynn Bransby - Chair
```
```
Date 29 September 2022
```
```
3
```
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND MEMBERS OF STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
```
I report on the accounts of the Charity for the year ended 31 December 2021, which are set out
on pages 5 to 10.
```
## **Respective responsibilities of trustees and examiner**
```
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144(2) of the Charities Act 2011
(the 2011 Act) and that an independent examination is needed.
```
```
It is my responsibility to:
```
- `examine the accounts under section 145 of the 2011 Act;`
- `to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and`
- `to state whether particular matters have come to my attention.`
## **Basis of independent examiner's report**
```
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequently no opinion is given as to whether the accounts
present a 'true and fair view' and the report is limited to those matters set out in the statement
below.
```
## **Independent examiner's statement**
```
In connection with my examination, no matter has come to my attention:
```
```
(1) which gives me reasonable cause to believe that in any material respect the requirements:
```
- `to keep accounting records in accordance with section 130 of the 2011 Act; and`
- `to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or`
```
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
```
```
Geoffrey C Gibbs FCA
Gibsons Financial Limited
Foresters Hall
25/27 Westow Street
Upper Norwood
London SE19 3RY
```
```
12September 2022
```
```
4
```
## **STEPPING STONES LEARNING AND LEISURE**
## **(CHARITABLE INCORPORATED ORGANISATION)**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **INCOMING RESOURCES**
|**Incoming resources from**
**generated funds:**
`Voluntary Income`
`Other Income`
**Total Incoming Resources**
**Cost of Generating Funds**
`Charitable activities`
`Governance costs`
**Total Resources Expended**
**Net Incoming Resources**
**Fund Balances brought forward**
**Fund transfer**
**Fund Balances carried forward**|**Unrestricted**
**Fund**
**Restricted**
**Fund**
**2021**
**Total**
**2020**
**Total**
**£**
**£**
**£**
**£**
`42,459`
`20,888`
`63,347`
`44,159`
`2,538`
`-`
`2,538`
`3,026`|
|---|---|
||`44,997`
`20,888`
`65,885`
`47,185`|
||`-`
`52,365`
`52,365`
`48,320`
`-`
`1,852`
`1,852`
`1,295`|
||`-`
`54,217`
`54,217`
`49,615`|
||`44,997`
`(33,329)`
`11,668`
`(2,430)`
`79,463`
`105`
`79,568`
`81,998`
`(33,400)`
`33,400`
`-`
`-`|
||`91,060`
`176`
`91,236`
`79,568`|
```
5
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **BALANCE SHEET AS AT 31 DECEMBER 2021**
|**Current Assets**
`Cash at Bank`
`Cash in Hand`
`Debtors`
**Current Liabilities**
`Creditors and Accruals`
**Net Current Assets**
**Funds:**
`Unrestricted Fund`
`Restricted Fund`|**2021**
`£`
`84,576`
`-`
`8,250`
**92,826**
`1,590`
**91,236**
`91,060`
`176`
**91,236**|**2020**
`£`
`75,495`
`-`
`8,500`|
|---|---|---|
|||**83,995**|
|||`4,427`|
|||**79,568**|
|||`79,463`
`105`|
|||**79,568**|
```
The financial statements were approved by Executive Committee and Trustees on 29 September 2022
and Approved on their behalf by:
```
**……………………………… Lynn Bransby - Chair**
```
6
```
**STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2021**
## `1.` **ACCOUNTING POLICIES**
## `1.1` **Basis of preparation of Financial Statements**
```
The Financial Statements are prepared under the historic cost convention and include the
results of the Charity’s operations which are described in the Executive Committee’s Report
and all of which are continuing.
```
```
The accounts have been prepared in accordance with the Financial Reporting Standard 102
“The financial Reporting Standard applicable in the UK and Republic of Ireland”; the
Statements of Recommended Practice - Charities SORP (FRS102) and; with the Charities
Act 2011.
```
```
In preparing these financial statements the Trustees have taken advantage of the exemption
permitted by FRS 102 in not presenting a Statement of Cash Flows.
```
```
These financial statements represent the first time that the Trustees have adopted FRS102
however the policies applied under the previous accounting framework are not materially
different to FRS102 the change of reporting framework has not impacted on the charity’s
Statement of Financial Activities for the year ended 31 December 2021 or its Balance Sheet
position as at that date.
```
## `1.2` **Incoming Resources**
- `1.2.1 Revenue grants are credited to the Statement of Financial Activities on the earlier date of when they are received or when they are receivable, unless they relate to a specific future period, in which case they are included on the Balance Sheet as deferred income to be recognised in the future accounting period.`
- `1.2.2 Grants received for specific purposes are accounted for as restricted funds in the Statement of Financial Activities.`
## `1.3` **Restricted Funds**
```
Restricted Funds are to be used for specific purposes as laid down by the donor. Expenditure,
which meets these criteria is identified to the fund, together with a fair allocation of
management and support costs.
```
## `1.4` **Unrestricted Funds**
```
Unrestricted Funds are donations and other income received or generated for the objects of
the charity without further specified purpose and is available for general funds.
```
```
7
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2021**
## `1.5` **Financial Instruments**
```
The charity only enters into basic financial instrument transactions that result in the
recognition of financial assets and liabilities like amounts recoverable on invoices, other
debtors, amounts payable to providers of services and other accruals. Debt instruments being
amounts owed to and by the charity are accounted for at the amount that is expected to be
received or paid by the charity. Debt instruments receivable after more than one year are
initially recorded at the present value of future cash flows and subsequently accounted for at
amortised cost using the effective interest method.
```
## `1.6` **Cash and cash equivalents**
```
Cash and cash equivalents include cash in hand and balances in bank accounts with no notice
or less than three months’ notice from inception and are subject to insignificant risk of changes
in value
```
## **2 TRUSTEES’ REMUNERATION, BENEFITS AND EXPENSES**
```
The charity did not pay any remuneration or provide benefits to any of its Trustees during the
year under review. None of the charity’s Trustees claimed expenses nor were any Trustees’
expenses met by the charity during the year.
```
## **3 TRANSACTIONS WITH RELATED PARTIES**
```
There were no transactions with related parties during the year. Related parties include
Trustees, their close family members, their business associates, and any non-natural persons
which are controlled by any of these individuals or in which they have a significant interest.
```
## **4 COVID-19**
```
Our ability to offer in-person classes has continued to be affected throughout 2021 by the
impact of COVID-19 on group activities.
```
```
For the first four months of the year, we offered online sessions using zoom.
```
```
From June 2021 we resumed some in-person activities on a trial basis but due to the vulnerable
nature of our service-users we exercised a cautious approach and sessions were run with
single-household groups and / or using outdoor space.
```
```
From September 2021 we returned to a more regular timetable of 7 classes per week and,
through working together with carer’s and service-users to ensure the ability to operate safely,
we were able to continue these through to the end of the 10 week term.
```
```
8
```
|**5 DEBTORS**
`Trade Debtors`
**6 CREDITORS & ACCRUALS**
`Accountancy Fees`
`Accruals`
|**2021**
**£**
`8,250`
**2021**
**£**
`530`
`1,060`
`1,590`|
|---|---|
```
9
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **DETAILED INCOME & EXPENDITURE**
|**Incoming resources from**
**generated funds:**
**Voluntary Income/Grants**
`Southwark Adult Learning Services`
`Peter Minet`
`United St. Saviours`
`TCS London`
`Camberwell Neighbourhood Fund`
`Barclays Community Grant`
`Bailey Thomas`
`St Faith’s PCC`
**Other Income**
`Membership Subscriptions`
`Interest Receivable`
`Refunds`
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Direct Charitable Expenditure**
`Tutors`
`Salary/HMRC/Pension`
`Hall Hire`
`Office Expenses`
`Activity Expenses`
**Governance costs**
`Accountancy Fees`
`Insurance`
`Training`
**TOTAL RESOURCES EXPENDED**|**Unrestricted**
**Fund**
**Restricted**
**Fund**
**2021**
**Total**
**2020**
**Total**
**£**
**£**
**£**
**£**
`-`
`17,750`
`17,750`
`12,250`
`30,000`
`-`
`30,000 20,000`
`-`
`-`
`-`
`8,775`
`-`
`-`
`-`
`240`
`-`
`3,138`
`3,138`
`2,500`
`2,065`
`-`
`2,065`
`-`
`10,000`
`-`
`10,000`
`-`
`394`
`-`
`394`
`394`|
|---|---|
||**42,459**
**20,888**
**63,347**
**44,159**|
||`2,535`
`3`
`-`
`-`
`-`
`-`
`2,535`
`3`
`-`
`3,000`
`11`
`15`|
||**2,538**
`-`
**2,538**
**3,026**|
||**44,997**
**20,888**
**65,885**
**47,185**|
||**Unrestricted**
**Fund**
**Restricted**
**Fund**
**Total**
**2021**
**Total**
**2020**
**£**
**£**
**£**
**£**
`-`
`18,423`
`18,423`
`19,280`
`-`
`28,683`
`28,683`
`24,656`
`-`
`1,059`
`1,059`
`1,268`
`-`
`2,027`
`2,027`
`932`
`-`
`2,173`
`2,173`
`2,184`|
||**-**
**52,365**
**52,365**
**48,320**|
||`-`
`630`
`630`
`644`
`-`
`700`
`700`
`651`
`-`
`522`
`522`
`-`|
||**-**
**1,852**
**1,852**
**1,295**|
|||
||**-**
**54,217**
**54,217**
**49,615**|
```
10
```
## **STEPPING STONES LEARNING AND LEISURE**
## **(CHARITABLE INCORPORATED ORGANISATION)**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Registered Charity Number 1174850**
**Gibsons Financial Limited Chartered Accountants Foresters Hall 25-27 Westow Street London SE19 3RY**
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
**YEAR ENDED 31 DECEMBER 2021**
## **CONTENTS**
## **PAGES**
|`Administrative Information`|`2`|
|---|---|
|`Executive Committee & Trustees Report`|`3`|
|`Independent Examiners Report`|`4`|
|`Statement of Financial Activities`|`5`|
|`Balance Sheet`|`6`|
|`Notes to the Financial Statements`|`7`|
|`Detailed Income and Expenditure`|`9`|
```
1
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
**ADMINISTRATIVE INFORMATION AS AT 31 DECEMBER 2021**
|**REGISTRATION DETAILS**|`Stepping Stones Learning and Leisure is a charitable`|
|---|---|
||`incorporated organisation (CIO) under charity number`|
||`1174850.`|
|**GOVERNING DOCUMENT**|`Stepping Stones Learning and Leisure is governed by the`|
||`Charities Act 2011 and its constitution.`|
|**EXECUTIVE COMMITTEE**|`Lynn Bransby – Chair`|
||`Christine Baldwin – Resigned 14/09/2021`|
||`Christopher Cooper – Resigned 20/05/2021`|
||`Savie Musendo – Resigned 16/11/2021`|
||`Sylvie Wells – Resigned 11/01/2021`|
||`Terry Baldwin – Secretary`|
||`Gillian Kerr – Vice Chair`|
||`Sally Reid - User Representative`|
||`Jennifer Walmsley – Treasurer`|
||`Susan Height - Member`|
||`Julia Barbosa - Member`|
|**PRINCIPAL ADDRESS OF CHARITY**|`St Faith’s Community Centre`|
||`Red Post Hill`|
||`Herne Hill`|
||`London`|
||`SE24 9JQ`|
|**ACCOUNTANTS**|`Gibsons Financial Limited`|
||`Chartered Accountants`|
||`Foresters Hall`|
||`25-27 Westow Street`|
||`London SE19 3RY`|
|**BANKERS**|`Lloyds TSB Plc`|
||`12 Croxted Road`|
||`London`|
||`SE21 8SP`|
```
2
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **EXECUTIVE COMMITTEE AND TRUSTEES REPORT YEAR ENDED 31 DECEMBER 2021**
```
The Executive Committee of Stepping Stones Leaning and Leisure present their Financial Statements for
the year ended 31 December 2021.
```
## **PRINCIPAL ACTIVITY**
```
The principal activity of the charity is to help adults with learning disabilities to help themselves.
```
```
In planning our activities for the year we kept in mind the Charity Commissioner’s guidance on public
benefit at our trustee meetings.
```
```
The focus of our activities is to provide a range of much needed local workshops for adults with learning
disabilities, and so enabling an often neglected section of the community to work from a base where they
can make new friends and build their skills. The workshops promote health and hygiene; exercise and
fitness; and drama and self-development. This benefits the disabled people by developing their self-
confidence, social skills and life skills.
```
```
We welcome all disabled people regardless of personal background, faith, gender or personal
circumstances and we believe this philosophy of openness to all enriches everyone through the sharing of
the skills, aptitudes and life experiences of our disabled people. The trustees confirm that they have
complied with their duties under schedule 3 of The Charities Act 2011 with regard to charity commission’s
guidance on public benefit.
```
## **ACTIVITIES, DEVELOPMENTS AND ACHIEVEMENTS**
```
See Stepping Stones Learning and Leisure’s separate Annual Report.
```
## **STATEMENT OF EXECUTIVE COMMITTEE RESPONSIBILITIES**
```
Law applicable to charities in England and Wales requires the Executive Committee to prepare Financial
Statements, which give a true and fair view of the state of affairs of the charity and its income and
expenditure for that period. In preparing these Financial Statements, the Executive Committee are required
to:-
```
- `select suitable accounting policies and apply them consistently;`
- `make judgements and estimates that are reasonable and prudent;`
- `state whether applicable standards and statement of recommended practice have been followed, subject to any material departures disclosed and explained in the Financial Statements; and`
- `prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the project will continue in operation.`
- `Observe the methods and principles in the Charities SORP (FRS102).`
```
The Executive Committee are responsible for keeping proper records which disclose at any time the
financial position of the project. They are also responsible for safe guarding the assets of the organisation
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
```
```
…………………………..
```
```
Lynn Bransby - Chair
```
```
Date 29 September 2022
```
```
3
```
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND MEMBERS OF STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
```
I report on the accounts of the Charity for the year ended 31 December 2021, which are set out
on pages 5 to 10.
```
## **Respective responsibilities of trustees and examiner**
```
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144(2) of the Charities Act 2011
(the 2011 Act) and that an independent examination is needed.
```
```
It is my responsibility to:
```
- `examine the accounts under section 145 of the 2011 Act;`
- `to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and`
- `to state whether particular matters have come to my attention.`
## **Basis of independent examiner's report**
```
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequently no opinion is given as to whether the accounts
present a 'true and fair view' and the report is limited to those matters set out in the statement
below.
```
## **Independent examiner's statement**
```
In connection with my examination, no matter has come to my attention:
```
```
(1) which gives me reasonable cause to believe that in any material respect the requirements:
```
- `to keep accounting records in accordance with section 130 of the 2011 Act; and`
- `to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or`
```
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
```
```
Geoffrey C Gibbs FCA
Gibsons Financial Limited
Foresters Hall
25/27 Westow Street
Upper Norwood
London SE19 3RY
```
```
12September 2022
```
```
4
```
## **STEPPING STONES LEARNING AND LEISURE**
## **(CHARITABLE INCORPORATED ORGANISATION)**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **INCOMING RESOURCES**
|**Incoming resources from**
**generated funds:**
`Voluntary Income`
`Other Income`
**Total Incoming Resources**
**Cost of Generating Funds**
`Charitable activities`
`Governance costs`
**Total Resources Expended**
**Net Incoming Resources**
**Fund Balances brought forward**
**Fund transfer**
**Fund Balances carried forward**|**Unrestricted**
**Fund**
**Restricted**
**Fund**
**2021**
**Total**
**2020**
**Total**
**£**
**£**
**£**
**£**
`42,459`
`20,888`
`63,347`
`44,159`
`2,538`
`-`
`2,538`
`3,026`|
|---|---|
||`44,997`
`20,888`
`65,885`
`47,185`|
||`-`
`52,365`
`52,365`
`48,320`
`-`
`1,852`
`1,852`
`1,295`|
||`-`
`54,217`
`54,217`
`49,615`|
||`44,997`
`(33,329)`
`11,668`
`(2,430)`
`79,463`
`105`
`79,568`
`81,998`
`(33,400)`
`33,400`
`-`
`-`|
||`91,060`
`176`
`91,236`
`79,568`|
```
5
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **BALANCE SHEET AS AT 31 DECEMBER 2021**
|**Current Assets**
`Cash at Bank`
`Cash in Hand`
`Debtors`
**Current Liabilities**
`Creditors and Accruals`
**Net Current Assets**
**Funds:**
`Unrestricted Fund`
`Restricted Fund`|**2021**
`£`
`84,576`
`-`
`8,250`
**92,826**
`1,590`
**91,236**
`91,060`
`176`
**91,236**|**2020**
`£`
`75,495`
`-`
`8,500`|
|---|---|---|
|||**83,995**|
|||`4,427`|
|||**79,568**|
|||`79,463`
`105`|
|||**79,568**|
```
The financial statements were approved by Executive Committee and Trustees on 29 September 2022
and Approved on their behalf by:
```
**……………………………… Lynn Bransby - Chair**
```
6
```
**STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2021**
## `1.` **ACCOUNTING POLICIES**
## `1.1` **Basis of preparation of Financial Statements**
```
The Financial Statements are prepared under the historic cost convention and include the
results of the Charity’s operations which are described in the Executive Committee’s Report
and all of which are continuing.
```
```
The accounts have been prepared in accordance with the Financial Reporting Standard 102
“The financial Reporting Standard applicable in the UK and Republic of Ireland”; the
Statements of Recommended Practice - Charities SORP (FRS102) and; with the Charities
Act 2011.
```
```
In preparing these financial statements the Trustees have taken advantage of the exemption
permitted by FRS 102 in not presenting a Statement of Cash Flows.
```
```
These financial statements represent the first time that the Trustees have adopted FRS102
however the policies applied under the previous accounting framework are not materially
different to FRS102 the change of reporting framework has not impacted on the charity’s
Statement of Financial Activities for the year ended 31 December 2021 or its Balance Sheet
position as at that date.
```
## `1.2` **Incoming Resources**
- `1.2.1 Revenue grants are credited to the Statement of Financial Activities on the earlier date of when they are received or when they are receivable, unless they relate to a specific future period, in which case they are included on the Balance Sheet as deferred income to be recognised in the future accounting period.`
- `1.2.2 Grants received for specific purposes are accounted for as restricted funds in the Statement of Financial Activities.`
## `1.3` **Restricted Funds**
```
Restricted Funds are to be used for specific purposes as laid down by the donor. Expenditure,
which meets these criteria is identified to the fund, together with a fair allocation of
management and support costs.
```
## `1.4` **Unrestricted Funds**
```
Unrestricted Funds are donations and other income received or generated for the objects of
the charity without further specified purpose and is available for general funds.
```
```
7
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2021**
## `1.5` **Financial Instruments**
```
The charity only enters into basic financial instrument transactions that result in the
recognition of financial assets and liabilities like amounts recoverable on invoices, other
debtors, amounts payable to providers of services and other accruals. Debt instruments being
amounts owed to and by the charity are accounted for at the amount that is expected to be
received or paid by the charity. Debt instruments receivable after more than one year are
initially recorded at the present value of future cash flows and subsequently accounted for at
amortised cost using the effective interest method.
```
## `1.6` **Cash and cash equivalents**
```
Cash and cash equivalents include cash in hand and balances in bank accounts with no notice
or less than three months’ notice from inception and are subject to insignificant risk of changes
in value
```
## **2 TRUSTEES’ REMUNERATION, BENEFITS AND EXPENSES**
```
The charity did not pay any remuneration or provide benefits to any of its Trustees during the
year under review. None of the charity’s Trustees claimed expenses nor were any Trustees’
expenses met by the charity during the year.
```
## **3 TRANSACTIONS WITH RELATED PARTIES**
```
There were no transactions with related parties during the year. Related parties include
Trustees, their close family members, their business associates, and any non-natural persons
which are controlled by any of these individuals or in which they have a significant interest.
```
## **4 COVID-19**
```
Our ability to offer in-person classes has continued to be affected throughout 2021 by the
impact of COVID-19 on group activities.
```
```
For the first four months of the year, we offered online sessions using zoom.
```
```
From June 2021 we resumed some in-person activities on a trial basis but due to the vulnerable
nature of our service-users we exercised a cautious approach and sessions were run with
single-household groups and / or using outdoor space.
```
```
From September 2021 we returned to a more regular timetable of 7 classes per week and,
through working together with carer’s and service-users to ensure the ability to operate safely,
we were able to continue these through to the end of the 10 week term.
```
```
8
```
|**5 DEBTORS**
`Trade Debtors`
**6 CREDITORS & ACCRUALS**
`Accountancy Fees`
`Accruals`
|**2021**
**£**
`8,250`
**2021**
**£**
`530`
`1,060`
`1,590`|
|---|---|
```
9
```
## **STEPPING STONES LEARNING AND LEISURE (CHARITABLE INCORPORATED ORGANISATION)**
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **DETAILED INCOME & EXPENDITURE**
|**Incoming resources from**
**generated funds:**
**Voluntary Income/Grants**
`Southwark Adult Learning Services`
`Peter Minet`
`United St. Saviours`
`TCS London`
`Camberwell Neighbourhood Fund`
`Barclays Community Grant`
`Bailey Thomas`
`St Faith’s PCC`
**Other Income**
`Membership Subscriptions`
`Interest Receivable`
`Refunds`
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Direct Charitable Expenditure**
`Tutors`
`Salary/HMRC/Pension`
`Hall Hire`
`Office Expenses`
`Activity Expenses`
**Governance costs**
`Accountancy Fees`
`Insurance`
`Training`
**TOTAL RESOURCES EXPENDED**|**Unrestricted**
**Fund**
**Restricted**
**Fund**
**2021**
**Total**
**2020**
**Total**
**£**
**£**
**£**
**£**
`-`
`17,750`
`17,750`
`12,250`
`30,000`
`-`
`30,000 20,000`
`-`
`-`
`-`
`8,775`
`-`
`-`
`-`
`240`
`-`
`3,138`
`3,138`
`2,500`
`2,065`
`-`
`2,065`
`-`
`10,000`
`-`
`10,000`
`-`
`394`
`-`
`394`
`394`|
|---|---|
||**42,459**
**20,888**
**63,347**
**44,159**|
||`2,535`
`3`
`-`
`-`
`-`
`-`
`2,535`
`3`
`-`
`3,000`
`11`
`15`|
||**2,538**
`-`
**2,538**
**3,026**|
||**44,997**
**20,888**
**65,885**
**47,185**|
||**Unrestricted**
**Fund**
**Restricted**
**Fund**
**Total**
**2021**
**Total**
**2020**
**£**
**£**
**£**
**£**
`-`
`18,423`
`18,423`
`19,280`
`-`
`28,683`
`28,683`
`24,656`
`-`
`1,059`
`1,059`
`1,268`
`-`
`2,027`
`2,027`
`932`
`-`
`2,173`
`2,173`
`2,184`|
||**-**
**52,365**
**52,365**
**48,320**|
||`-`
`630`
`630`
`644`
`-`
`700`
`700`
`651`
`-`
`522`
`522`
`-`|
||**-**
**1,852**
**1,852**
**1,295**|
|||
||**-**
**54,217**
**54,217**
**49,615**|
```
10
```