STEP (UK) LTD
Step (UK) Ltd is an international development charity, working to improve the lives of vulnerable children in the Kurdish region of Iraq. We sponsor front-line work such as a children's drop-in centre and more strategic work such as the implementation of the first foster care policy in the region. We have also sponsored child protection projects in camps for refugees and displaced Iraqi people.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £92,114 for the year ended 31 December 2024, resulting in total reserves of £178,060. The trustees anticipate a further deficit in the current year but remain confident that adequate reserves will be maintained to continue operations.
What the accounts disclose
“The level of reserves required in the UK to permit an orderly wind up of the charity’s affairs are estimated at no more than £15,000.”
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Kenneth Ian Wilson
- MEGAN DALTON
- Werner Nijman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £225k | £310k |
| 31/12/2023 | £280k | £268k |
| 31/03/2023 | £593k | £643k |
| 31/03/2022 | £629k | £654k |
| 31/03/2021 | £669k | £650k |
Common questions
Is STEP (UK) LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £92,114 for the year ended 31 December 2024, resulting in total reserves of £178,060. The trustees anticipate a further deficit in the current year but remain confident that adequate reserves will be maintained to continue operations. Its FY2024 accounts were independently examined.
Who funds STEP (UK) LTD?
Funders whose own accounts filings name STEP (UK) LTD as a grant recipient include ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, THE REED FOUNDATION, THE COLES-MEDLOCK FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | FY2023 | £20k | |
| THE REED FOUNDATION | FY2022 | £15k | Christmas Challenge |
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £15k | |
| THE COLES-MEDLOCK FOUNDATION | FY2024 | £12k | |
| THE REED FOUNDATION | FY2021 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHILDHOOD TRUST | 1 | £125k |
| GOLDHEART CHARITY LIMITED | 1 | £60k |
| THE HARGREAVES FOUNDATION | 1 | £50k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £47k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £29k |
| THE BLOOMFIELD CHARITABLE TRUST | 1 | £27k |
| HAROFEH DONATIONS LIMITED | 1 | £20k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £20k |
Charities like this
- STEP BY STEP (WALES)
- STEP (SWINDON)
- STEP (SUPPORTING THE ELDERLY PEOPLE)
- STEPS TO WORK
- STEPS CLUB FOR YOUNG PEOPLE
- THE ST ALBANS & HARPENDEN CHRISTIAN EDUCATION PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| STEP (UK) LTD | £225k | — | 0 | unclear | — | no doubt |
| STEP BY STEP (WALES) | £155k | — | 0 | unclear | — | no doubt |
| STEP (SWINDON) | £290k | — | 0 | unclear | — | no doubt |
| STEP (SUPPORTING THE ELDERLY PEOPLE) | £108k | — | 0 | unclear | — | no doubt |
| STEPS TO WORK | £11.4m | — | — | unclear | — | no doubt |
| STEPS CLUB FOR YOUNG PEOPLE | £111k | — | 0 | above | — | noted |