Step By Step
St David's Playgroup and Nursery Plus offers pre-school education to children aged 2 years - 4 years.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit for the year, with total expenditure of £48,082.31 exceeding income of £47,295.66. Per the trustees' report, unrestricted reserves decreased slightly to £31,663.88, which the charity considers sufficient to cover three months of operating costs. The trustees note no imminent risks but highlight potential future risks related to changes in government funding or attendance numbers.
What the accounts disclose
“The CIO hold reserves equivalent to 3months of operating costs.” — page 3
Trustees
- Claire Morris
- Emma Baker
- Rachel Fitzpatrick
- Ruth Alison John
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £47k | £48k |
| 31/03/2024 | £40k | £47k |
| 31/03/2023 | £43k | £36k |
| 31/03/2022 | £29k | £23k |
| 31/03/2021 | £20k | £24k |
Common questions
Is Step By Step financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit for the year, with total expenditure of £48,082.31 exceeding income of £47,295.66. Per the trustees' report, unrestricted reserves decreased slightly to £31,663.88, which the charity considers sufficient to cover three months of operating costs. The trustees note no imminent risks but highlight potential future risks related to changes in government funding or attendance numbers. Its FY2025 accounts were independently examined.