Step Development Trust

Analysis

Step Development Trust is a registered charity in England and Wales, based in Sheffield. It was registered in April 1997, 29 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and arts/culture/heritage/science, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 03339143). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, Step Development Trust reported income of £741k and spending of £646k, spending 87% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £669k to £741k (+11%), an average of +2.6% a year. The sharpest change came in the year to March 2025, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Step Development Trust sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Catford & Bromley Synagogue Trust (£740k), Lifeline Community Action (£742k) and Lighthouse Furniture Project Limited (£740k).

In its latest detailed accounts, income came from charitable activities 100%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £999k would cover about 18 months of spending at that rate. It employed 19 people.