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35,993 claims
Income is recognized in the financial statements when entitlement to funds is probable and measurable.
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Financial · Policy statement · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 11
The financial statements are prepared in accordance with the Charities SORP (FRS 102) and FRS 102.
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102)
Financial · Policy statement · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 11
Valleys Steps Limited seeks to expand its geographical reach and access new funding streams.
# Seeking to broaden our geographical reach and access to new funding streams. This will include revision of our memorandum and articles of association to incorporate an all-Wales status.
Strategic · Commitment statement · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 5
The charity aims to maintain reserves equivalent to three months' operational costs for financial sustainability.
The organization's position on reserves is the maintenance of 3 months operational costs in the event of needing to wind down the organisation with any remaining reserve set aside for organisational development of investment in new service delivery as a means to secure new income.
Financial · Policy statement · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 5
The charity's services saw increased public engagement compared to the previous year.
Our services saw increased public engagement compared to 2023/24. This was reflected in attendance of our courses and individuals making use of our website resources.
Service · Observational claim · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 4
Valleys Steps Limited delivered a range of mental health services, including community-based courses and online workshops.
- 51 Community based six-week courses - 294 Online workshops
Service · Observational claim · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 3
Volunteers played an invaluable role in supporting online delivery and community engagement events.
Volunteers have played an invaluable role during this period. Volunteers also supported our online delivery during the period whilst also supporting community engagement events.
Operational · Observational claim · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 3
The charity's activities have been for the benefit of those who required it.
The trustees confirm that the activities carried out by the charity throughout the last year have been for the benefit of those who required it.
Context · Observational claim · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 3
Valleys Steps Limited aims to promote mental health through therapeutic interventions.
The charity formally exists according to its Memorandum for promoting the advancement of mental health for the benefit of the communities in Wales through the provision of therapeutic interventions.
Policy · Policy statement · From Valleys Steps Limited — annual report and accounts, year ending 31 March 2025, page 3
The independent examiner confirmed that the financial statements give a true and fair view of the charity's affairs.
In my opinion without a full audit the financial statements give a true and fair view of the income and expenditure and state of the charitable company’s affairs at 31/03/2026.
Financial · Procedural statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 28
The charity's financial statements were prepared in accordance with UK GAAP for smaller entities.
The financial statements have been properly prepared in accordance with UK GAAP for smaller entities whilst recognising the need to comply with the Charities Act 2011.
Financial · Procedural statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 26
The average number of employees during the year was 18, with 13 part-time and 5 full-time.
The average number of employees during the year was 18 Part time - 13 Full time - 5
Operational · Procedural statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 24
The charity benefits from Employment Allowance.
The charity benefits from Employment Allowance in relation to PAYE. The charity is not registered for the recovery of Value Added Tax.
Financial · Funding statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 24
The charity operates a defined contribution pension scheme.
The charity operates a defined contribution pension scheme, and the pension charge represents the employer's contribution to that defined pension scheme (NEST).
Policy · Policy statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 24
Advance Brighter Futures had a total of £217,927.30 in net assets as of March 31, 2026.
TOTAL NET ASSETS (LIABILITIES) £217,927.30
Financial · Funding statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 21
Advance Brighter Futures had designated funds of £47,000 for specific future purposes as of March 31, 2026.
The current monetary value of the Designated Funds is £47,000. The Trustees have agreed to designate £15,500 to Building Costs, £15,000 to Staffing, £14,000 to securing Quality Assurance marks and £2,500 to Health & Safety for the financial year 01/04/2025 - 31/03/2026.
Financial · Funding statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 23
Advance Brighter Futures had a total of £170,927 in unrestricted operational reserve as of March 31, 2026.
The unrestricted operational reserve of £170,927 is the monetary figure that could cover unexpected expenditure during a 5.5 month funding gap.
Financial · Funding statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 23
Advance Brighter Futures had a total of £239,607.52 in cash at the end of March 31, 2026.
CASH AT END OF PERIOD £239,607.52
Financial · Funding statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 22
Advance Brighter Futures had a net cash increase of -£46,199.84 for the year ending March 31, 2026.
NET CASH INCREASE FOR PERIOD -£46,199.84
Financial · Funding statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 22
Advance Brighter Futures had a net income of £24,017.34 for the year ending March 31, 2026.
Net Income/(Expenditure) £24,017.34
Financial · Funding statement · From Advance Brighter Futures — annual report and accounts, year ending 31 March 2026, page 20