Trustees' Annual Report _for the period_ From (start date) 01/09/2020 to (end date) 31/082021 **----- Start of picture text -----**
Section A Reference and administration details
Charity name Stepping Stones Pre-School
Other names the Charity is known by Leverington Pre-School
Registered charity number (if any) 2 9 8 2 4 0
Charity's principal address Church Road
Leverington
Wisbech
Cambs PE13 5DD
Names of the charity trustees who manage the charity
Dates acted if not for Name of person (or body)
Trustee Name Office (if any) entitled to appoint trustee (if
whole year any)
1 Louise Rawlings Chairperson 31/01/2018 Ofsted
2 Jose Bowers Treasurer 28/05/2021 Ofsted
3 Luke Feeley Committee Member 07/11/2019 Ofsted
4 Sarah Briston Committee Member 07/11/2019 Ofsted
5 Nicholas Jude Committee Member 07/11/2019 Ofsted
Nicola Smith Committee Member 26/04/2021 Ofsted
6 Anna Morris Committee Member 26/04/2021 Ofsted
7 Keeley Ryan Committee Member 13/05/2021 Ofsted
8
9
10
11
12
13
14
15
16
17
18
19
Names of the trustees for charity, if any (for example, any custodian trustees)
Name Dates acted if not for whole year
Louise Rawlings
Jose Bowers
**----- End of picture text -----**
1 ## Section A Reference and administration details (continued) |_Names and addresses of advisers(optional information)_|_Names and addresses of advisers(optional information)_| |---|---| |Richard Dedman|Bruch and Co LTD
1 School lane Wisbech Cambs
PE13 1AW| |_Name of chief executive or names of senior staff members(optional information)_|| ||| ||Section B
Structure, governance and management| |---|---| ||_Description of the charity's trusts_
Constitution
Pre-school learning Alliance constitution
Elected at annual AGM| ||_Additionalgovernance issues(optional information)_| ||Policies and procedures adopted and adhered to are
Pre-School
Learning Alliance and the cambridgeshire county council.
This ensures the safeguarding of children and families is
prioritywhen appointingtrustees and committee members.| Section C Objectives and activities The objects of the charity are to enhance the development and Education of children primarily under statutory school age. By encouraging parents to understand and provide for the needs of their children through community groups. _Additional details of objectives and activities (optional information)_ The parents and families of the children attending have volunteered throughout the year to help raise funds for the children in order that the pre-school can offer trips, activities and experiences for the children and families. 2 Section D Achievements and performance Stepping Stones offered care and education to 22 children. 6 members of staff were employed on a full time& part time basis. We support 2 children with extremely high needs that were of school age as the local specialist school was unable to take them. Our focus this year has been introducing a good dental routine for children. We have taken part in the 'My smile' campaign and will shortly receive an accreditation for this. We have also focused on supporting children's social and language delays due to the Covid 19 situation over the last couple of years. We held minimal fundraising activities this year due to the situation with the pandemic. We had a couple of donation for fun days. ||Section E
Financial review| |---|---| ||Brief statement of Stepping stones pre-school has a reserve
amount of money that is that is calculated to cover the cost of
redundancies or major repairs if required.
This ensures the longevity of the pre-schools life.| ||Further financial review details(optional information)| ||| 3 Section F Other optional information Section G Declaration The trustees declare that they have approved the trustee's report above Signed on behalf of the charity's trustees Signatures(s) L Rawlings Full name(s) LOUISE RAWLINGS Position (eg Secretary, Chair, etc) CHAIRPERSON Date 7 6 20 22 CHARITY NO 298420 STEPPING STONES PR&SCHOOL LEVERINGTON CHARITY TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED JIST AUGUST 2021 STEPPING STONES P￿SCHOOL LEVERINGTON CHARITY FOR THE YEAR ENDED 31ST AUGUST 2021 CONTENTS Pige Legal and Athninistrntiv¢ informati011 Independent Examiners rep￿rt Report of the TnLqtees Balance Sheet Stsiemcnl of Financial Activiti Notes STEPPING STONES PItE-SCHOOL LEVERINGTON CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Cbarity Number: 298420 Chairyerson: Louise Rawlings Treasurer: Jose Bowe Trustees.. Luke Feeley (appointed 7.11.19) Sarah BristOD (appointed 7.11.19) Nicholas Jude {aP￿Inted 7.11.19) Nicola Smith (apFKTrtnted 7.11.19) Anna Morris (apwyinted 4.3.21) Keeley Ryan (apwitiied 4.3.21) Reglitered Offl¢¢: Sicppin8 Siones Pre-school Church End tKv¢rin8ton Wisbech Cambridgeshirc PE13 5DD A¢couDtaDts: Bruch & Co Ltd ChartereAI Accountants I Sch￿] IAne Wisbech Cambridgeshire PE13 IAW Page I INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEFS OF STEPPING ￿oNEs VRE-SCHOOL LEVERll¥GTON CHARrrY FOR THE YEAR ENDED 31ST AUGUST 2021 I report on the accounts for the year ended 31° August 2021. which arc set out on pages 5 to l l. Respective Responsibilitseg of Trustees and Exxmi4er Th¢ Clwity's Trustees are responsible for the preparalion 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 examinatson is needcd. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act: lo follow the procedures18id down in the Genual Dir￿tionS given by the Charity Commission under section 145{5)(b) ofthe 2011 Act. and to slalc whdhcr particular matters have come to my attention. BAs1s of Ittdependent Ex•mlDer'$ Report My examination was caffied out in accordanc¢ with the General Directions given by ihe Charity Cornmission. An examination includes a review of the accounting rccorth k¢pl by the Cljwity and a comparison of the accounts presented with those records. It also includes consideration of any unusual itctns or disclosures in the a¢count8 and sttking explanations from you as Trusiees concerning any such matters. The proCedU￿S undertaken do not provide all the evidence that would be required in an audit and eonsequ¢ntly no opinion is given os lo whdher the accounts present a'ttnK and fair view- and the rcwi is limited to those matters set out in the siatement below. IDdependeDt Eximlner's St*lemenl Ett Connertion with my examination. no matter has ¢om¢ to my atte￿tiOn. (l) which giv¢5 m¢ reayonable rnus¢ lo believe that in any material resm the ￿qUIreMents. lo kcep accounting Tecords in accordance with swtion 130 of the 2011 Ad; and to pw accounts which accord with the accounting records and comply with Ibe accounting requirements of th¢ 2011 Arf. have not been met. or (2) to which. in tlly Opinio￿ attention should be drawn iti order to enable a proper und¢rst8nding of the accounts to Ix ruched. I have no concerns and have come across no other matters in wntte£tion with the wmination to wbich altention should be drawn in this report. Mr R.O.Dethnan FMAAT I School LAne Wisbecb. Cambridgeshtr< PE13 1 AW Page 2 STEPPING STONES P￿SCHOOL LEVERtNGTON CHARITY REPORT OF THE LEVERINGTON PRE-SCHOOL FOR THE YEAR ENDED 31ST AUGUST 2021 Stepping Stones Pr¢-School present their re￿ll with the financial stAte*nents of the Charity for the year ended 31st August 2021. The finan¢iAI st8l¢m¢nts havebeen prepared in a¢¢ordan¢¢ with the ￿Ounting poli¢ies sd out in the notes to the financial statemenis and c¢)rnply with the Chariws trust deed. applicable law and ihe requirements of the Statement of Recommended Prdctice."Accounting and Reporting by Charities" issued in 2015. Trn$tee$ The Trustees who ￿Ved during the y¢8r are set oul on the Charity inforni8tion page at the front of these accounts. Prln¢lpal Kdvltles •nd objects ofthe Ch*rlty The principal activity of the Charity continues to be that of PYOl4iding pre-school ethication foT children under 5. DevelopmtnL lctlvltles and *¢hlevemellts The Trusiees consider ihe defi¢ii on ordinary actiwities ￿ be particularly un$￿1$(&¢￿ry 8nd intend to address this in the forthcoming year. Future developments The Trustees are looking forward to offering pre-school education for the forthcoming year and continuing theiT fund raising etTorts. Flxed a$￿tI Changes in fixed &￿L9 during the ye8r are set out in th¢ notL8 to the fitwicial statements. Org*nls4¢lon A Board of Trnstees of up to 8 membm. who meet at least 4 times 4 year. administers the Charity. Reserves pollcy li is the policy of ttrLe Clwily to maintain utwestricted funds, wFLich are the free cash ￿serVeS of the Charily, at a level wbich equates to approximately 4 months expenditure. which is to cover administration costs and salaries. Rlsk revlew The trustees have implemented and can confirn] that systemshave been establishoj io enable regular report8 to be produced so that the necessary steps can be taken to I&￿en these risks. Pw3 STEPPtNG STONES PRE-SCHOOL LEVERINGTOI¥ CHAIUTY REPORT OF THE LEVERINGTON PRE-SCHOOL (Contlnued) FOR THE YEAR ENDED 31ST AUGUST 2021 Sts¢ement of Stepplng StODe5 Prt4¢hool rtSPODslbllltles Chatity law requires the Trusteu to prq)ATe financial $tst¢ments fOr￿h financial year wbich give a trne and fair view of the state of affairs of the Chariry and of its fina￿•&1 ￿sitiOn at the end of that year. In Preparing thos¢ financial staiemenis the Tn￿teeS are required to.. select suitable accounting ￿17¢1¢5 And 8pply wnsi$witly* make judgements and ¢Mimales that are reagoneble and prudeni: slate wheihtr appli¢abk accounting Stsndards and statements of ￿0MMended prnctice have been followed. subject lo any d¢parNres disclosed attd explained in the financial statements; and prepare the financial staiements on a goin8 Concern basis unless it is inappropriate io presume that the Charity will continue in existence. The Trustees are responsible for keeping Proper accounting records which disclose with reayonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charilies Act 1993. They are also Teswnsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other 1￿c8￿1ant7es. Approved by the Tn￿lee5 on..... . signed on its behalf by: Louise Rawling5 { airper50n) Page 4 STEPPING STONES PRE￿cHOoL LEVEIUNGTON CHARITY BALANCE SHEET AT 31ST AUGUST 2021 Note 2021 2020 Tlnilbk fixed •sseti Tangible assets io 40,293 41,722 Current a8se¢g Bank Accounts CBsh Accounts Debtors 66.465 44.913 170 12 66.565 45,083 Credltors Amounts falling due within one year 13 Net turrent is*ty 66,565 45,083 Tolal ass¢t$ less ¢Mrr¢nt Ilabllltl¢s 106.858 86,805 Ne¢ aiyets £106.858 £86,805 Capltal fundi Unr¢stri¢i¢d fvn(ts R¢siri¢ted Funds 106.858 86.805 Tot*1 fund* £106,858 £86,805 11-..1".2X.................. and signed on its behalf by: Approved by the Tn￿teeS on .. .. Louise Rawlings Further details of the Charity'5 fimds are given on pages 6 and 7. The anllexed notes forn] part of these financial statements. Page 5 STEPPING STONES PRE-SCHOOL LEVERINGTON CHARITY STATEMENT OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 31ST AUGUST 2021 Totsl Funds 2021 Totsl Funds 2020 Note Incomlng resoure DoDations.1¢8a¢i¢s & similar in¢oming resour¢eJ Other incom¢ Investment income I(X).204 1.000 10 75,722 10.000 TotAI Incomln8 reg04r¢es 101.214 85,722 Re￿Vre¢S expended Costs of generntin8 thnds 8,732 8,085 R¢sourc¢s ¢xp¢nd¢d on man8ging and Administering th¢ charity 72,429 73,089 Total re8ourceg expended 81.161 81.174 Net movement In funds 20.053 4.548 Tot41 funds brought forwArd 86,805 82,257 Total fund$ ￿rrIed fornArd £106,858 £86,805 Details of incomin8 resources and regources used are given in note8 5 and 6 10 the financial statements. Page 6 STEPPING STONES PR￿cHOoL LEVERINGTON CIIARITY STATEMENf OF FINANCIAL ACTIVITIES DETAILED ANALYSIS OF MOVEMENTS IN FUNDS FOR THE YEAR ENDED 31ST AUGUST 2021 2021 2020 G¢nerAI Fund Balance Blfwd {Defic1tySuTpl￿ for the year 86,805 20.053 82257 4.548 106,858 86,805 Restrlcted Fund Balance B/fwd Surplus for the year To¢Y41 funds at 31gt August 2021 £106,858 £86,805 Page 7 STEPPING STONES P￿SCHOOL LEVERINGTON CHAIUTY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2021 A¢eountln% Polkles The finaDcial statements bAve been pwared under the historical cost convention as modified by the inclusion of investments at market value and in acwrdance with applicable accounting standards. In preparing the finan¢ial stAtements the Ch2riiy follows best practice as set our in the Sratement of Recommended Prnctice 'Aceouniing and R¢porfing by Charities (SORP) issued in 2015" In¢omlll% Resour¢ All incoming resources are inclLMled in the SOFA when the Charity is legally ertti￿￿ io the income and the amount can be quantified with re&8onthle accuracy. Resoureei Expended Ail ¢xp¢nditure is accountoj for on an acc￿81$ b&sis and hos b¢¢n ¢las$ified under heading$ ihat ag8reBale ail ¢osts r¢lated to ihe category. Where costs ¢annoi b¢ direct]y aitributed io PArti¢ular headings th¢y have been allocated ro acriviiie8 cffj a basis Cce￿I$lent with use of the resource8. Fund A¢¢ountlDg Genernl Funds are unrestricted funds. which are available for use ai the discretion ofthe Trus¢¢¢8 for particular purposes. the aim and use of each designa*d fill￿ is S￿ oui in the no¢es to the f￿ancial statements. Restricted Funds are funds which are to be used in accordance with wific resthctions imposed by donors or which have been rnised by the Charity for particular Purposes, the ¢os¢ of rniying and administering such funds are charged against the specific fund. the aim and use ofeach restricled fund as set out in the Dotes to the financial statemeDts. T8X*tIo Th¢ Trw8t is a registered Clwity and accordingly is exanpi from taxation on its income and 80ins where th¢y 4r¢ applied for ¢haritable purposa. 3. Analysls of Employee Cogts: 2021 2020 Salarie5 & Pension contTibuti( 69.355 70.849 No employee received emoluments of over £60,(X)O during th¢ year (2020 Di1}. The avtrag¢ nwnber of fidl-time equivalent employees for the period w&8 7 (2020- 7). Page 8 STEPPING STONES PRE-SCHOOL LEVERINGTON C]IARITY NOTES TO THE FINANCIAL STATEMEwfs (Contitsued) FOR THE YEAR ENDED 31ST AUGUST 2021 Rtlated Party TrAns*ellons None of the Tn￿leeS were paid any remutteration or expenses by the Cl)arAty during the year. IDcoming Regources Unrestricted Fund ReslTicied Fund Totsl 2021 Toial 2020 Notes Donadon4 legacles & ￿MmAr In¢omin% rtsoure Fees Received Government Funding Fund Raising Donations Mtsc incom¢ 1,160 97.365 1,165 1.160 97.365 1.165 6.158 69,564 414 l(KJ.204 I￿.204 75.722 Other Income Grant Investment Ineome Inter¢sl 10,o(N) Total In¢omlng resoure 6. To¢41 Resour¢u Expended 2021 2020 osts direcil allocaied t ActiTrilies Ucililies General Expenses Trips & Entertainment Insurance Catering Consumables Equipment Office Costs 1,605 1,427 642 425 457 235 1.632 1,715 2,062 1,257 419 338 776 8,732 8,085 Page 9 STEPPING STONES PRE￿cH(KIL LEVERINGTON CHARITY NOTES TO THE FINANCIAL STATEMENfs (Continued) FOR THE YEAR ENDED 31ST AUGUST 2021 6. Total Regources E4)ended (continued) 2021 2020 rt Cost Legal & Professional Recruit & Training Costs Staff Salaries & Pen510ns LkpTeciation 857 788 69,355 559 70,849 68 089 7. Tanzlbk Fixed Assets Ljnd & Pl*nt & Bulldlngs M*chinery et¢ Totsl Cost.. At 1st September 2020 Additions in year 32,193 13,192 45,385 At 31 st AuKust 2021 32,193 13,192 45,385 Accumulated depreciation t)¢pr￿latIOft in yeAr 3.663 .429 3,663 1,429 5,092 5,092 Nei book value: At 31￿ August 2020 £32.193 £ 9,529 £41,722 Ai 31s¢ August 2021 £32,193 £ 8,100 £40,293 tand and buildings are freehol Page 10 STEPPING STONES P￿SCHOOL LEVERINGTON CHARITY NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST AUGUST 2021 8. An#ty8is of Fund Asjets *Dd Liabllities unr￿triCted Restric Tangible Fixed Assets Curr¢nl Ass¢is CuTrent Liabilities 40293 66.565 40,293 66,565 The Unrestricted Funds of the Charity may be applied for any charitabl¢ purpo￿ al ih¢ di￿retton of the Trustees. Analys18 of Debtorg 2021 2020 PrePa￿ent 10. An4ly$l• of Cr¢dilorn 2021 2020 Accounts Accrual Page 11 CHARITY NO 298420 STEPPING STONES PR&SCHOOL LEVERINGTON CHARITY TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED JIST AUGUST 2021 STEPPING STONES P￿SCHOOL LEVERINGTON CHARITY FOR THE YEAR ENDED 31ST AUGUST 2021 CONTENTS Pige Legal and Athninistrntiv¢ informati011 Independent Examiners rep￿rt Report of the TnLqtees Balance Sheet Stsiemcnl of Financial Activiti Notes STEPPING STONES PItE-SCHOOL LEVERINGTON CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Cbarity Number: 298420 Chairyerson: Louise Rawlings Treasurer: Jose Bowe Trustees.. Luke Feeley (appointed 7.11.19) Sarah BristOD (appointed 7.11.19) Nicholas Jude {aP￿Inted 7.11.19) Nicola Smith (apFKTrtnted 7.11.19) Anna Morris (apwyinted 4.3.21) Keeley Ryan (apwitiied 4.3.21) Reglitered Offl¢¢: Sicppin8 Siones Pre-school Church End tKv¢rin8ton Wisbech Cambridgeshirc PE13 5DD A¢couDtaDts: Bruch & Co Ltd ChartereAI Accountants I Sch￿] IAne Wisbech Cambridgeshire PE13 IAW Page I INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEFS OF STEPPING ￿oNEs VRE-SCHOOL LEVERll¥GTON CHARrrY FOR THE YEAR ENDED 31ST AUGUST 2021 I report on the accounts for the year ended 31° August 2021. which arc set out on pages 5 to l l. Respective Responsibilitseg of Trustees and Exxmi4er Th¢ Clwity's Trustees are responsible for the preparalion 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 examinatson is needcd. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act: lo follow the procedures18id down in the Genual Dir￿tionS given by the Charity Commission under section 145{5)(b) ofthe 2011 Act. and to slalc whdhcr particular matters have come to my attention. BAs1s of Ittdependent Ex•mlDer'$ Report My examination was caffied out in accordanc¢ with the General Directions given by ihe Charity Cornmission. An examination includes a review of the accounting rccorth k¢pl by the Cljwity and a comparison of the accounts presented with those records. It also includes consideration of any unusual itctns or disclosures in the a¢count8 and sttking explanations from you as Trusiees concerning any such matters. The proCedU￿S undertaken do not provide all the evidence that would be required in an audit and eonsequ¢ntly no opinion is given os lo whdher the accounts present a'ttnK and fair view- and the rcwi is limited to those matters set out in the siatement below. IDdependeDt Eximlner's St*lemenl Ett Connertion with my examination. no matter has ¢om¢ to my atte￿tiOn. (l) which giv¢5 m¢ reayonable rnus¢ lo believe that in any material resm the ￿qUIreMents. lo kcep accounting Tecords in accordance with swtion 130 of the 2011 Ad; and to pw accounts which accord with the accounting records and comply with Ibe accounting requirements of th¢ 2011 Arf. have not been met. or (2) to which. in tlly Opinio￿ attention should be drawn iti order to enable a proper und¢rst8nding of the accounts to Ix ruched. I have no concerns and have come across no other matters in wntte£tion with the wmination to wbich altention should be drawn in this report. Mr R.O.Dethnan FMAAT I School LAne Wisbecb. Cambridgeshtr< PE13 1 AW Page 2 STEPPING STONES P￿SCHOOL LEVERtNGTON CHARITY REPORT OF THE LEVERINGTON PRE-SCHOOL FOR THE YEAR ENDED 31ST AUGUST 2021 Stepping Stones Pr¢-School present their re￿ll with the financial stAte*nents of the Charity for the year ended 31st August 2021. The finan¢iAI st8l¢m¢nts havebeen prepared in a¢¢ordan¢¢ with the ￿Ounting poli¢ies sd out in the notes to the financial statemenis and c¢)rnply with the Chariws trust deed. applicable law and ihe requirements of the Statement of Recommended Prdctice."Accounting and Reporting by Charities" issued in 2015. Trn$tee$ The Trustees who ￿Ved during the y¢8r are set oul on the Charity inforni8tion page at the front of these accounts. Prln¢lpal Kdvltles •nd objects ofthe Ch*rlty The principal activity of the Charity continues to be that of PYOl4iding pre-school ethication foT children under 5. DevelopmtnL lctlvltles and *¢hlevemellts The Trusiees consider ihe defi¢ii on ordinary actiwities ￿ be particularly un$￿1$(&¢￿ry 8nd intend to address this in the forthcoming year. Future developments The Trustees are looking forward to offering pre-school education for the forthcoming year and continuing theiT fund raising etTorts. Flxed a$￿tI Changes in fixed &￿L9 during the ye8r are set out in th¢ notL8 to the fitwicial statements. Org*nls4¢lon A Board of Trnstees of up to 8 membm. who meet at least 4 times 4 year. administers the Charity. Reserves pollcy li is the policy of ttrLe Clwily to maintain utwestricted funds, wFLich are the free cash ￿serVeS of the Charily, at a level wbich equates to approximately 4 months expenditure. which is to cover administration costs and salaries. Rlsk revlew The trustees have implemented and can confirn] that systemshave been establishoj io enable regular report8 to be produced so that the necessary steps can be taken to I&￿en these risks. Pw3 STEPPtNG STONES PRE-SCHOOL LEVERINGTOI¥ CHAIUTY REPORT OF THE LEVERINGTON PRE-SCHOOL (Contlnued) FOR THE YEAR ENDED 31ST AUGUST 2021 Sts¢ement of Stepplng StODe5 Prt4¢hool rtSPODslbllltles Chatity law requires the Trusteu to prq)ATe financial $tst¢ments fOr￿h financial year wbich give a trne and fair view of the state of affairs of the Chariry and of its fina￿•&1 ￿sitiOn at the end of that year. In Preparing thos¢ financial staiemenis the Tn￿teeS are required to.. select suitable accounting ￿17¢1¢5 And 8pply wnsi$witly* make judgements and ¢Mimales that are reagoneble and prudeni: slate wheihtr appli¢abk accounting Stsndards and statements of ￿0MMended prnctice have been followed. subject lo any d¢parNres disclosed attd explained in the financial statements; and prepare the financial staiements on a goin8 Concern basis unless it is inappropriate io presume that the Charity will continue in existence. The Trustees are responsible for keeping Proper accounting records which disclose with reayonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charilies Act 1993. They are also Teswnsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other 1￿c8￿1ant7es. Approved by the Tn￿lee5 on..... . signed on its behalf by: Louise Rawling5 { airper50n) Page 4 STEPPING STONES PRE￿cHOoL LEVEIUNGTON CHARITY BALANCE SHEET AT 31ST AUGUST 2021 Note 2021 2020 Tlnilbk fixed •sseti Tangible assets io 40,293 41,722 Current a8se¢g Bank Accounts CBsh Accounts Debtors 66.465 44.913 170 12 66.565 45,083 Credltors Amounts falling due within one year 13 Net turrent is*ty 66,565 45,083 Tolal ass¢t$ less ¢Mrr¢nt Ilabllltl¢s 106.858 86,805 Ne¢ aiyets £106.858 £86,805 Capltal fundi Unr¢stri¢i¢d fvn(ts R¢siri¢ted Funds 106.858 86.805 Tot*1 fund* £106,858 £86,805 11-..1".2X.................. and signed on its behalf by: Approved by the Tn￿teeS on .. .. Louise Rawlings Further details of the Charity'5 fimds are given on pages 6 and 7. The anllexed notes forn] part of these financial statements. Page 5 STEPPING STONES PRE-SCHOOL LEVERINGTON CHARITY STATEMENT OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 31ST AUGUST 2021 Totsl Funds 2021 Totsl Funds 2020 Note Incomlng resoure DoDations.1¢8a¢i¢s & similar in¢oming resour¢eJ Other incom¢ Investment income I(X).204 1.000 10 75,722 10.000 TotAI Incomln8 reg04r¢es 101.214 85,722 Re￿Vre¢S expended Costs of generntin8 thnds 8,732 8,085 R¢sourc¢s ¢xp¢nd¢d on man8ging and Administering th¢ charity 72,429 73,089 Total re8ourceg expended 81.161 81.174 Net movement In funds 20.053 4.548 Tot41 funds brought forwArd 86,805 82,257 Total fund$ ￿rrIed fornArd £106,858 £86,805 Details of incomin8 resources and regources used are given in note8 5 and 6 10 the financial statements. Page 6 STEPPING STONES PR￿cHOoL LEVERINGTON CIIARITY STATEMENf OF FINANCIAL ACTIVITIES DETAILED ANALYSIS OF MOVEMENTS IN FUNDS FOR THE YEAR ENDED 31ST AUGUST 2021 2021 2020 G¢nerAI Fund Balance Blfwd {Defic1tySuTpl￿ for the year 86,805 20.053 82257 4.548 106,858 86,805 Restrlcted Fund Balance B/fwd Surplus for the year To¢Y41 funds at 31gt August 2021 £106,858 £86,805 Page 7 STEPPING STONES P￿SCHOOL LEVERINGTON CHAIUTY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2021 A¢eountln% Polkles The finaDcial statements bAve been pwared under the historical cost convention as modified by the inclusion of investments at market value and in acwrdance with applicable accounting standards. In preparing the finan¢ial stAtements the Ch2riiy follows best practice as set our in the Sratement of Recommended Prnctice 'Aceouniing and R¢porfing by Charities (SORP) issued in 2015" In¢omlll% Resour¢ All incoming resources are inclLMled in the SOFA when the Charity is legally ertti￿￿ io the income and the amount can be quantified with re&8onthle accuracy. Resoureei Expended Ail ¢xp¢nditure is accountoj for on an acc￿81$ b&sis and hos b¢¢n ¢las$ified under heading$ ihat ag8reBale ail ¢osts r¢lated to ihe category. Where costs ¢annoi b¢ direct]y aitributed io PArti¢ular headings th¢y have been allocated ro acriviiie8 cffj a basis Cce￿I$lent with use of the resource8. Fund A¢¢ountlDg Genernl Funds are unrestricted funds. which are available for use ai the discretion ofthe Trus¢¢¢8 for particular purposes. the aim and use of each designa*d fill￿ is S￿ oui in the no¢es to the f￿ancial statements. Restricted Funds are funds which are to be used in accordance with wific resthctions imposed by donors or which have been rnised by the Charity for particular Purposes, the ¢os¢ of rniying and administering such funds are charged against the specific fund. the aim and use ofeach restricled fund as set out in the Dotes to the financial statemeDts. T8X*tIo Th¢ Trw8t is a registered Clwity and accordingly is exanpi from taxation on its income and 80ins where th¢y 4r¢ applied for ¢haritable purposa. 3. Analysls of Employee Cogts: 2021 2020 Salarie5 & Pension contTibuti( 69.355 70.849 No employee received emoluments of over £60,(X)O during th¢ year (2020 Di1}. The avtrag¢ nwnber of fidl-time equivalent employees for the period w&8 7 (2020- 7). Page 8 STEPPING STONES PRE-SCHOOL LEVERINGTON C]IARITY NOTES TO THE FINANCIAL STATEMEwfs (Contitsued) FOR THE YEAR ENDED 31ST AUGUST 2021 Rtlated Party TrAns*ellons None of the Tn￿leeS were paid any remutteration or expenses by the Cl)arAty during the year. IDcoming Regources Unrestricted Fund ReslTicied Fund Totsl 2021 Toial 2020 Notes Donadon4 legacles & ￿MmAr In¢omin% rtsoure Fees Received Government Funding Fund Raising Donations Mtsc incom¢ 1,160 97.365 1,165 1.160 97.365 1.165 6.158 69,564 414 l(KJ.204 I￿.204 75.722 Other Income Grant Investment Ineome Inter¢sl 10,o(N) Total In¢omlng resoure 6. To¢41 Resour¢u Expended 2021 2020 osts direcil allocaied t ActiTrilies Ucililies General Expenses Trips & Entertainment Insurance Catering Consumables Equipment Office Costs 1,605 1,427 642 425 457 235 1.632 1,715 2,062 1,257 419 338 776 8,732 8,085 Page 9 STEPPING STONES PRE￿cH(KIL LEVERINGTON CHARITY NOTES TO THE FINANCIAL STATEMENfs (Continued) FOR THE YEAR ENDED 31ST AUGUST 2021 6. Total Regources E4)ended (continued) 2021 2020 rt Cost Legal & Professional Recruit & Training Costs Staff Salaries & Pen510ns LkpTeciation 857 788 69,355 559 70,849 68 089 7. Tanzlbk Fixed Assets Ljnd & Pl*nt & Bulldlngs M*chinery et¢ Totsl Cost.. At 1st September 2020 Additions in year 32,193 13,192 45,385 At 31 st AuKust 2021 32,193 13,192 45,385 Accumulated depreciation t)¢pr￿latIOft in yeAr 3.663 .429 3,663 1,429 5,092 5,092 Nei book value: At 31￿ August 2020 £32.193 £ 9,529 £41,722 Ai 31s¢ August 2021 £32,193 £ 8,100 £40,293 tand and buildings are freehol Page 10 STEPPING STONES P￿SCHOOL LEVERINGTON CHARITY NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST AUGUST 2021 8. An#ty8is of Fund Asjets *Dd Liabllities unr￿triCted Restric Tangible Fixed Assets Curr¢nl Ass¢is CuTrent Liabilities 40293 66.565 40,293 66,565 The Unrestricted Funds of the Charity may be applied for any charitabl¢ purpo￿ al ih¢ di￿retton of the Trustees. Analys18 of Debtorg 2021 2020 PrePa￿ent 10. An4ly$l• of Cr¢dilorn 2021 2020 Accounts Accrual Page 11