STEP BY STEP SCHOOL LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net income of £65,576 for the year ended 31 August 2023, with total funds carried forward amounting to £2,060,974. Per the trustees' report, free reserves were £836,376, which equals four months of projected total resources expended, satisfying the charity's policy of holding at least three months' expenditure. The charity operates a defined contribution pension scheme and holds a fixed-rate loan of £216,816 with NatWest.
What the accounts disclose
“The Trustees have a policy (last updated on 24th November 2014) that the Free Reserves held by the charity should equal at least three months of projected Total Resources Expended.” — page 5
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Bronwyn Gan
- Helen A A Scott
- Kerry Kolade
- Martin Colyer
- Matthew Brown
- Paul John Kennedy
- Sonal Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.0m | £2.6m |
| 31/08/2024 | £2.7m | £2.4m |
| 31/08/2023 | £2.3m | £2.2m |
| 31/08/2022 | £2.3m | £2.1m |
| 31/08/2021 | £2.4m | £2.0m |
Common questions
Is STEP BY STEP SCHOOL LIMITED financially healthy?
The accounts state that the charity generated a net income of £65,576 for the year ended 31 August 2023, with total funds carried forward amounting to £2,060,974. Per the trustees' report, free reserves were £836,376, which equals four months of projected total resources expended, satisfying the charity's policy of holding at least three months' expenditure. The charity operates a defined contribution pension scheme and holds a fixed-rate loan of £216,816 with NatWest. Its FY2023 accounts were audited by WBD Accountants Limited.