##
||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|6|
|Independent
Auditor's
Report||7|to|9|
|Consolidated
Statement|ofFinancial Activities||||
|Consolidated
Balance Sheet|||||
|Charity Balance Sheet|||12||
|Coasolidated
Cash Flow|Statement||13||
|Notes to the Consolidated|Cash Flow Statemeat||14||
|Notes to the Consolidated|Financial Statements|15|to|28|
|Detailed Statement ofFinancial Activities||29|to|30|
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|Report ofthe Trustees for the Y|Report ofthe Trustees for the Y|Report ofthe Trustees for the Y|Report ofthe Trustees for the Y|ear Eaded 31December 202|0||
|---|---|---|---|---|---|---|
|STRUCTURE, GOVERNANCE||||AND MANAGEMENT|||
|Organisational
structure|||||||
|At any one|time in the|reported|year, the Charity had a minimum||ofseven Directors/trustees.|They consisted of;|
|Mr Jim Dick OBE|||||||
|Dr Andrew|Milner||||||
|Mr Melvyn|W Sadofsky FCA||||||
|Mr Paul Plaxton|||||||
|Mrs Helen|Bissett (Resigned Jan|||2020)|||
|Mr Andrew|Bowden||||||
|Mr Graham|Cross||||||
|Mrs Cathy|Phillips||||||
|Mr Dileepa|Ranawake|(appointed||06/01/2020)|||
|Mr Tim Wigglesworth||(appointed||12/03/2020)|||
|Ms Patricia|Dalby (appointed||12/03/2020)||||
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##
|||||HE|HE|HE|Y Smile Foundation|Y Smile Foundation|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Consolidated|||Statement ofFinancial Activities||||
||||Iac|ora|n|an|Income and Ex
ndlture|Account|||
|||||for|tbe|Year Ended 31December 2020|||||
||||||||||31.12.20|31.12.19|
||||||||Unrestricted|Restricted|Total|Total|
||||||||fund|fund|funds|funds|
|||||||Notes|||||
|INCOME|AND ENDOWMENTS||FROM||||||||
|Donations|and legacies||||||767,730|101,072|868,802|1,611,957|
|Charitable|activities||||||||||
|Payable in|furtherance|ofthe charity's objects|||||846257||846457|447,485|
|Investment|income||||||714|~104795|~105509|26,299|
|Total|||||||1,614,701|205,867|1,820,56$|2,085,741|
|EXPENDITURE ON|||||||||||
|Charitable|activities||||||||||
|Payable in|furtherance|ofthe charity's objects|||||1,267,109|125,519|1392,628|814,396|
|Net gains on investments|||||||45,489||45,4$9|13,687|
|NET INCOME|||||||393,0$1|$0348|473,429|1,285,032|
|RECONCILIATION||OF FUNDS|||||||||
|Total funds brought forward|||||||1382,549|1,402,290|2,784,839|1,499,807|
|TOTAL FUNDS CARRIED FORWARD|||||||~1775630|~1482638|~358 68|~2784 839|
||RKl~khetghagg|RKl~khetghagg||||
|---|---|---|---|---|---|
||Qudkdhhggg
'i)gtgf
3~mhef 2(litt|||||
|||||31.12.20|31.12.19|
|||Umestricted||Total|Total|
||Notes|fund
f||thuds
6|funds|
|FIXEDASSETS||||||
|labmgibla
meets|13|gr562|14,435|2tkP97|26~|
|Tangible assam
Inveetrneam|14
15|43)06
~375||43)06
~175|3,144
~013786|
|||1,070,643||13)85,078|1,043.176|
|CURRENT ASSETS||||||
|Debtors
Cash st hank snd in head|16|89&186
~754 13||89,186
~767457|64,260
~341606|
|CREDITORS||||||
|Amounts gtgiag due within oocyear|17|(893)11)||(89,011)|(45,799)|
|TOTAL ASSETSLESS~||||~767632|~360067|
|LIABILITIES||1,825,631|27,079|1,852,710|1,403,243|
|CREDITORS||||||
|Amounts
gdting due altar mom then one year|18|(S0,000)||(50,000)||
|||~277
1|27079|~1710|~(403
3|
|FUNDS|20|||||
|Unresaicted
funds
RastriaM fimds||||1,775,631
~27 079|1,38L549
~20 694|
|TOTAL FUNDS||||720|~13 43|
##
||||||HEY|Smile Foundation|||
|---|---|---|---|---|---|---|---|---|
|||||Con|li|ted Cash Flow Statement|||
||||f|r th|Year|Ended 31December 2020|||
|||||||31.12.20||31.12.19|
|||||Notes||K||f|
|Cash flows from operating
activities
Cash generated
from operations||||||~414|612|1,292,507|
|Net cash provided by operating
activities||||||~414|12|1,292,507|
|Cash tlows from investing|activities||||||||
|Purchase ofintangible
fixed assets||||||||(26,246)|
|Purchase oftangible fixed|assets|||||(2,696)||(785)|
|Purchase offixed asset investments||||||||(930,999)|
|Interest received|||||||725|1,050|
|Cash acquired on charitable
combination
Net cash received on disposals/acquisitions|||of|investments||40,429
~39 190|||
|Net cash used in investing|activities|||||~77|648|956 980|
|Cash flows from tinancing
New loans in year|activities|||||~50|000||
|Net cash provided by financing
activities||||||~50|000||
|Change in cash and cash|equivalents|in|tbe||||||
|reporting
period||||||542860||335,527|
|Cash aad cash equivalents|at the beginning|||of|||||
|the reporting
period||||||504,298||168,771|
|Cash and cash equivalents|at the end|of|tbe||||||
|reporting
period||||||1,046,558||~504 298|
##
##
|||Notes to tbe Consolidated
Cash Flow State
forthe Year Ended31De
m
r2 2|Notes to tbe Consolidated
Cash Flow State
forthe Year Ended31De
m
r2 2|ment||
|---|---|---|---|---|---|
|RECONCILIATION||OFNET INCOME TO NET CASH FLOW FROM||OPERATING ACTIVITIES||
|||||3L12.20|31.12.19|
|||||5|f|
|Net income for the|reporting||period (asper the Statemeat ofFinancial|||
|Activities)||||473,429|1,285,032|
|Adjustments
for:
Depreciation
charges||||6,441|1,320|
|Assets acquired on|charitable||combination|(36,712)||
|Gain on investments||||(45,489)|(13,687)|
|Interest received||||(725)|(1,050)|
|Increase in debtors
Increase in creditors||||(26,663)
~44331|(1,308)
22 200|
|Net cash provided|by|operatioas||414,612|1,292,507|
##
##
|ANALYSIS OF CHANGES|IN NET FUNDS|||||
|---|---|---|---|---|---|
|||At 1.1.20|Cash flow||At 31.12.20|
|Net cash||||||
|Cash at bank and in hand||435,298|503,070||938868|
|Cash held within investment|portfolio|69,000|39,190||108,190|
|||504 98|~542|260|1,046,558|
|Debt||||||
|Debts falling due after I year|||~50|000|~50 000|
||||~50|000|~50000|
|Total||~504 98|~492|60|~996 58|
##
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##
|DONATI|ONS
AND L|EGACIES||||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
|Gifts in kind||||43,370|53,773|
|Corporate|donations|||58,187|59,849|
|Gift Aid||||4,861|6,416|
|Events and sponsorship||||27,659|158,068|
|Charity appeals||||21,284|8,011|
|Trust and|grants|||676,729|55,458|
|Legacies|||||1,270,382|
|Acquired|on charitable|combination|with subsidiary|36,712||
|||||~868
2|~1611957|
##
##
##
##
||Trust and Greats|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2020||2019|
||Audrey Mosey||||||4,800||10,400|
||CallER Collective||||||31,438|||
||Community
Hub||||||10,000|||
||Covid-19 Charitable||Respoase||||361,973|||
||DeBibrillators||||||9395|||
||Dewhirst Charitable||Trust||||4400||4,500|
||East Riding ofYorkshire Council||||||130,000||17,310|
||HighFiver||||||65,609|||
||John Hollis Trust||||||1,290||1,290|
||Makiag aDifference||Locally||||1,746||1,746|
||SirJames Reckitt|Charity|||||2,000||2,000|
||Spark Fund||||||||777|
||Spark Fund —The Beecan||||||69887||14,435|
||Employment
ABowance||||||||3,000|
||Smile||||||37,091|||
||Smile ByTbe Sea||||||5,000|||
||The Vault||||||5,000|||
||||||||676,729||55 456|
|3.|INVESTMENT INCOME|||||||||
||||||||31.12.20||31.12.19|
||Deposit account interest|||||||725|1,050|
||Rents receivable||||||104,784||25,249|
||||||||295|5II9|26.299|
|4.|INCOME FROM|CHARITABLE ACTIVITIES||||||||
||||||||31.12.20||31.12.19|
|||||Activity|||8|||
||Funded charitable|activity||Payable in furtherance|ofthe charity's|objects|~846 257||~447 485|
|5.|CHARITABLE ACTIVITIES COSTS|||||||||
|||||||Grant||||
|||||||funding of||||
|||||||activities|Support|||
||||||Direct|(see note|costs|(see||
||||||Costs|6)|note|7)|Totals|
||Payable in furtherance
objects||ofthe charity's
~273 85|||~822 434|296,809||~192.628|
##
##
##
##
|GRANTS PAYABLE|||||
|---|---|---|---|---|
||||3I.I2.20|31.12.19|
|Payable in fiutherance|ofthe charity's objects||~822 34|~186217|
|Grants payable
include|the|following:|||
||||2020|2019|
|Armitage
Thanks Grants||Paid|1,000|2,180|
|Audrey
Mosley Grants Paid|||42,235|2,000|
|Community
Hub|||2,936|25,322|
|CPR|||11337|2,860|
|DeBibrillators|||1,446|3,502|
|Devils Kitchen benefitting||charities|1,770|7,192|
|Digital Divide|||10,000||
|Donation ofSmile Time|||288323|73,336|
|Double Tree Hilton||||365|
|East Riding Resilience Fund|||29,501||
|EMT Trust|||1,820|1,820|
|Covid-19 Charitable|Response||328,563||
|Grants Uader 81,000|||3,441|15,267|
|Health Stars|||64|23,389|
|Health Tree Foundation|||3483|1,914|
|HighFiver|||29,116||
|Home Start Goole|||46,000||
|Horasea Grants Paid||||238|
|Hugh Rice Grants Paid||||280|
|Humber Half Marathon||||40|
|KCOM Grants Paid||||2,570|
|Men in Sheds|||4,000||
|More Together||||9,546|
|Nippon Grants Paid|||9,129|1,150|
|Run With It||||60|
|Sargent Electrical Grants||Paid|2,548|5,700|
|Smile 365|||(233)|(365)|
|Smile by the Sea Breaks||||4,106|
|The One Point Grants Paid|||5,855|3,744|
||||822,434|186,217|
##
##
##
##
|||||||Information|
|---|---|---|---|---|---|---|
||||Management||Finance|technology|
|Payable|in furtherance|ofthe charity's objects|204,910||192|6,484|
||||||Governance||
||||Other||costs|Totals|
|||||f|||
|Payable|in furtherance|ofthe charity's objects|~58 958||~26 265|~296 809|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||is stated atter charging/(crediting):|||||
||||||31.12.20|31.12.19|
|Depreciation - owned assets|||||1,192|1,320|
|Auditor's|remuneration||||2,800|2,800|
|Development
costs amortisation|||||~5249||
##
##
##
|STAFFCOSTS|||||||
|---|---|---|---|---|---|---|
||||||31.12.20|31.12.19|
|Wages and salaries|||||495,478|403,465|
|Social security costs|||||44,175|34,721|
|Other pension costs|||||~14387|11,629|
||||||5~54 040|4~49 815|
|The average monthly|number ofemployees||during the year was|as follows:|||
||||||31.12.20|31.12.19|
|Employed
staff|||||26|22|
|The number ofemployees||whose employee|benefits (excluding|employer|pension costs) exceeded f60,000|was:|
||||||31.12.20|31.12.19|
|860,001 - f70,000|||||I|1|
##
|||Notes to|the Consolidated|Financial Statements - continued|||
|---|---|---|---|---|---|---|
||||for the Year Ended 31December 2020||||
|11,|COMPARATIVES FOR THE STATEMENT OF|||FINANCIAL ACTIVITIES|||
|||||Unrestricted|Restricted|Total|
|||||fund|fund|funds|
|||||8|||
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||1,597,420|14,537|1,611,957|
||Charitable
activities||||||
||Payable in furtherance|ofthe charity's objects||447,485||447,485|
||Investment
income|||1,047|25,252|26,299|
||Total|||2,045,952|39,789|2,085,741|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||Payable in furtherance|ofthe charity's objects||787,628|26,768|814,396|
||Net gains on investments|||~13687||13,687|
||NET INCOME|||1,272,011|13,021|1,285,032|
||RECONCILIATION|OF FUNDS|||||
||Total fuads brought forward|||110,538|1,389,269|1,499,807|
||TOTAL FUNDS CARRIED FORWARD|||1,382,549|1,402,290|2,784,839|
|12.|GIFTS IN KIND||||||
||Throughout
the year, the charity received several services which were donated. These include;||||||
||||||2020|2019|
||||||8||
||Oflice Rental - Gosscbalks||||26,518|26,518|
||Legal Services - Gosschalks||||6,089|6,089|
||ITServices - Gosschalks||||3363|3,363|
||Accountancy
-360Accountants||||7,400|6,400|
||Events|||||11,403|
||||||43370|53,773|
##
##
||for the Year Ended 3|1December 2020|||
|---|---|---|---|---|
|13.|INTANGIBLE FIXEDASSETS||||
||||Development||
|||Goodwill|cost's|Totals|
||||f.||
||GROUP||||
||COST||||
||At 1January 2020aud at 31December 2020|2,857|26,426|29,103|
||AMORTISATION||||
||At 1January 2020
Charge for year|2,857|~549|2,857
~5249|
||At 31 December 2020|~2857|~549|~8106|
||NET BOOK VALUE||||
||At 31 December 2020||~20 997|~20 997|
||At 31 December 2019||~26 246|~26 246|
||COMPANY||||
||COST||||
||At 1 January 2020 and 31December 2020|~2857|~26 246|29,103|
||AMORTISATION||||
||At 1January 2020|2,857||2JI57|
||Charge for year||~5249|5,249|
||At 31 December 2020|~2857|~5249|~8106|
||NET BOOK VALUE||||
||At 31 December 2020||20,997|~20 997|
||At 31 December 2019||~26 246|~26 246|
##
##
||Notes to the Con
f rthe|solidated
Financial Statem
Y
rEnd d 1D cemb|ents -
n 'cued
r2 20|||
|---|---|---|---|---|---|
|14.|TANGIBLE FIXEDASSETS|||||
|||Freehold|Motor|Computer||
|||property|vehicles|equipment|Totals|
||||||g|
||GROUP|||||
||COST|||||
||At 1 January 2020
Additions|1490,000|8,500|14,779
~326|1$13,279
~326|
||At 31December 2020|1~90000|8,500|~18105|~116605|
||DEPRECIATION|||||
||At 1 January 20
Charge for year||8,500|11,635
~1192|20,135
~1192|
||At 31December 2020||~850|~12827|~21 27|
||NET BOOK VALUE|||||
||At 31 December 2020|||~5278|~1295278|
||At 31December 2019|1~290000||3,144|1,293,144|
||||Motor|Computer||
||||vehicles|equipment|Totals|
|||||g||
||COMPANY|||||
||COST|||||
||At 1 January 2020||8,500|14,779|23,279|
||Additions|||~2696|~2696|
||At 31 December 2020||~8500|~17475|~25975|
||DEPRECIATION|||||
||At 1 January 2020||S,500|11,635|20,135|
||Charge for year|||~1034|1,034|
||At 31 December 2020||8,500|12,669|21,169|
||NET BOOK VALUE|||||
||At 31 December 2020|||4,806|~4806|
||At 31 December 2019|||3,144|3,144|
##
##
##
|||||Cash and||
|---|---|---|---|---|---|
||||Listed|settlements||
||||investments|pending|Totals|
|GROUP MARKET VALUE||||||
|At I January 2020|||944,686|69,000|1,013,686|
|Net proceeds from disposals/acquisitions||ofinvestments|(39,190)|39,190||
|Revaluations|||45489||45,489|
||||950 985|808890|1,059,175|
|NET BOOK VALUE||||||
|At 31 December 2020|||950,985|108,190|1,059,175|
|At 31 December 2019|||~944 686|69,000|~1013686|
|There were no investment|assets outside|the UK.||||
##
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##
##
|Means of|control: The sole trustee ofthis charity is HEY Smi|le Foundation|
|---|---|---|
|||31.12.20|
|Aggregate|capital and reserves|70,796|
|Profit for|the year|34,084|
##
##
##
|DEHTORS: AMOUNTS F|ALLING DUE W|ITHIN ONE YEAR|ITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||GROUP||COMPANY||
|||31.12.20|31.12.19|31.12.20|31.12.19|
|Trade debtors||81,873|54,357|81,203|55,424|
|Other debtors
Prepayments||7,000
983|7,554
~1282|7,000
983|7,554
~1282|
|||89,856|63,193|~89 186|~64 260|
|CREDITORS: AMOUNTS|FALLING DUE|WITHIN ONE YEAR||||
|||GROUP||COMPANY||
|||31.12.20|31.12.19|31.12.20|31.12.19|
|||||g||
|Trade creditors||76,933|15,487|71,438|15,458|
|Social security and other taxes||9,580|21,771|9,580|21,771|
|Other creditors
Accruals and deferred income||4,229
4,664|5,770
3,700|4,229
~3764|4,870
3,700|
|||95,406|46,728|89,011|45,799|
|The movements
in deferred|income are analysed|as follows:||||
|||GROUP||COMPANY||
|||31.12.20|31.12.19|31.12.20|31.12.19|
|Deferred income at 1 Jan||3,700|1,800|3,700|1,800|
|Amounts
released
from previous years||(3,700)|(1,800)|(3,700)|(1,800)|
|Incoming resources deferred|in the years|964|3,700|964|3,700|
|Deferred income at 31Dec||964|3,700|964|3 700|
##
##
##
##
|CREDITO|RS: AMOUNTS FALLING DUE AFTER MO|RE THAN ONE|YEAR|||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
|Bank loans|(see note 18)|||~50 000||
|LOANS||||||
|An analysis|ofthe maturity ofloans isgiven below:|||||
|||||31.12.20|31.12.19|
|Amounts
falling due between two and five years:||||||
|Bank loans||||~50 000||
|MOVEMENT IN FUNDS||||||
|GROUP||||||
|||||Net||
|||||movement|At|
|||At 1.1.20||in funds|31.12.20|
|Unrestricted|funds|||||
|General fund
Designated
funds —IAM Fund||100,480
~1282069||385,027
~8054|485,507
~1290123|
|||~182|9|~393081|775630|
|Restricted funds||||||
|JBWillows|Working Men's Cottages|1381,596||3,167|1384,763|
|Hull Youth|Support Trust|||70,796|70,796|
|Spark
Others||14,435
6,259||6485|14,435
~12644|
|||~f402|290|~80 48|~1482,638|
|TOTALII'UNDS||~2784,839||~473 429|~3258 268|
##
##
##
|||incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund
Designated
funds —I AM Fund||1,609,901
4,800|(1,224,874)
~43,235|45,489|385,027
8,054|
|||1614301|~2263209|45400|393001|
|Restricted funds||||||
|JBWillows|Working Men's Cottages|46,427|(43,260)||3,167|
|Hull Youth|Support Trust|151,609|(80,813)||70,796|
|Spark
Others|||~1446)||6385|
|||30086'I|~125519||80 48|
|TOTAL FUNDS||~120 568|~192~628|45,489|I
473429|
|COMPANY||||||
|||||Net||
|||||movement|At|
||||At 1.1.20|in funds|31.12.20|
|Uarestricted|funds|||||
|General
fund|||100,480|385,028|485,508|
|Designated|funds —IAM Fund||~1282069|8,054|1,290,123|
||||~182549|~393082|~1775631|
|Restricted funds||||||
|Spark
Others|||14,435
~6259|~685|14,435
~12644|
||||20,694|6385|27,079|
|TOTAL FUNDS|||1,403,243|399,467|1,802,710|
##
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||||8||
|Unrestricted||funds|||||
|General
fund
Designated
funds —IAM Fund|||1,621&803
~4800|(1,236,775)
~42 235|~45489|385,028
~8054|
||||1,626,603|~1,279010)|~45489|~393082|
|Restricted funds|||||||
|Spark
Others|||~731|~1446||~685|
||||~7&|~2446||~685|
|TOTAL|FUNDS||16N434|~2&n 456|45459|399467|
##
##
##
##
##
##
##
|||Detailed Consolidated|Statement ofFinancial Activities|||
|---|---|---|---|---|---|
|||for the Year|Ended 31December 2020|||
|||||31.12.20f|31.12.19|
|INCOME AND ENDOWMENTS||||||
|Donations and legacies||||||
|Gifts in kind||||43370|53,773|
|Corporate donations||||58,187|59,849|
|Gift Aid||||4,861|6,416|
|Events and sponsorship||||27,659|158,068|
|Charity appeals||||21,284|8,011|
|Trust and grants||||676,729|55,458|
|Legacies
Acquired
on charitable|combination|with HYST||~36 712|1,270,382|
|||||868,802|1,611,957|
|Investment
income||||||
|Deposit account interest
Rents received||||725
~104784|1,050
25,249|
|||||105,509|26,299|
|Charitable
activities||||||
|Funded charitable
activity||||~846 802|447,485|
|Total incomiag resources||||1,820,568|2,085,741|
|EXPENDITURE||||||
|Charitable
activities||||||
|Smile programme
costs||||16,818|5,250|
|Funded work costs||||228,764|324,862|
|Smile event costs||||22,168|104,278|
|Community
costs||||5,636|7,236|
|Grants to institutions||||534,111|112,881|
|Charitable
donations||||~288
23|73,336|
|||||1,095,820|627,843|
|Support costs||||||
|Management||||||
|Wages||||117,999|84,949|
|Rent||||40,913|27,547|
|Light and heat||||18,591||
|Telephone||||8,974|5,755|
|Postage and stationery||||1,963|1,436|
|Marketing
costs||||7,544|6,150|
|Motor expenses and travel||||2,447|3,998|
|Management
fees||||60478||
|||||204,909|129,835|
##
||||HEY Smile|Foundation|Foundation||||
|---|---|---|---|---|---|---|---|---|
||||Detailed Statement|ofFinancial||vitl|||
||||fortha Year g|d 1|m|2020|||
||||||||31.12.20|31.12.19|
|Management|||||||||
|Finance|||||||||
|Just giving charges|||||||42|182|
|Bank charges|||||||150||
||||||||192|182|
|Information|technology||||||||
|ITSoftware and consumabies|||||||6,484|5,439|
|Other|||||||||
|Insurance|||||||9467|7,589|
|Sundries|||||||21&141|9,268|
|Repairs and renewals|||||||22,009|12,617|
|Amortisation
Depreciation|ofintangible
fixed assets
oftangible fixed assets||||||5,249
~1192|~1320|
||||||||58,958|14,646|
|Governance
Accountancy|costs
and legal fees||||||~26265|20,303|
|Total resources|expended||||||~192628|814,396|
|Net income before gains and losses|||||||427,940|1,271,345|
|Realised recognised
gains
Realised gains/(losses)
on||and losses
investment|property||||~45489|13,687|
|Net income|||||||~473 429|~1285 032|