Charity Accounts Intelreading the accounts so you don’t have to

THE NEXT STEP TRUST

Registered charity 1114197 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£2.9m
Latest spending
£2.7m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £201,843 for the year ended 31 March 2025, with total funds held increasing to £2,854,811. The trustees consider funds held to be adequate, noting that unrestricted current assets less liabilities stood at £809,219, of which £407,674 was designated for specific purposes. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.

What the accounts disclose

Employees paid over £60,000: 1
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The Charity holds £809,219 (2024 - £1,207,365) in unrestricted current assets less liabilities. Of this, £407,674 (2024 - £354,265) has been designated by the Trustees for specific purposes.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid to Community Foundation for Calderdale, a charitable company of which the Chief Executive Officer is also a director and trustee.
“Rent of £11,458 (2024: £12,500) was paid to Community Foundation for Calderdale, a charitable company of which the Chief Executive Officer is also a director and trustee.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Cresswells Accountants (UK) Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.9m
Total spending
£2.7m
Cost of raising funds
£61k
Reserves (reported)
£2.7m
Employees
90

Reported reserves equal ~12.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Calderdale

Income and spending

Financial year endIncomeSpending
31/03/2025£2.9m£2.7m
31/03/2024£2.6m£2.4m
31/03/2023£2.2m£2.1m
31/03/2022£2.3m£1.9m
31/03/2021£2.0m£1.7m

Common questions

Is THE NEXT STEP TRUST financially healthy?

The accounts state that the charity reported a surplus of £201,843 for the year ended 31 March 2025, with total funds held increasing to £2,854,811. The trustees consider funds held to be adequate, noting that unrestricted current assets less liabilities stood at £809,219, of which £407,674 was designated for specific purposes. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Cresswells Accountants (UK) Limited.