2021-12-31-accounts - Hey Smile Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	8
Report ofthe independent	Auditors	9	to	11
Consolidated Statemeat ofFinancial Activities			12
Consolidated Balance Sheet			13
Charity Balance Sheet			14
Consolidated Cash Flow	Statement
Notes to the Consolidated	Cash Flow Statement		16
Notes to tbe Consolidated	Finaacial Statements	17	to	32
Detailed Coasolidated Statemeat ofFiaancial Activibes		33	to	34

							2021	2020
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes	f		f
INCOME	AND ENDOWMENTS		FROiVI
Donations	and legacies			2	261,152	36,196	297,348	868,802
Charitable	activities			4
Payable in	turtherance	ofcharity's	objectives		1,144,192		1,144,192	846,257
investment	income			3	1,131	104,319	105,450	105,509
Total					1,406,475	140,515	1,546,990	1,820,568
EXPENDITURE ON
Charitable	activities
Payable m	t'urtherance	ofcharity's	objectii es		1.321,912	205.958	1,527,870	1,392,628
Total					1,321,912	205,958	1,527,870	1,392,628
Net gains	on investments				53,163		53,163	45,489
NET INCOME/(EXPENDITURE)					137.726	(65,443)	72,283	473,429
RECONCILIATION		OF FUNDS
Total funds brought		forward			1.775.630	1,482.638	3,258,268	2.784.839
TOTAL FUNDS CARRIED FORWARD					1.913,356	1,417.195	3,330,551	3,258,268

						2021	2020
			Unrestricted	Restricted		Total	Total
			fund	fund		funds	funds
		Notes		8		f
FIXEDASSETS
intangible assets		13	1,313	14,434		15,747	20,997
Tangible assets		14	2,029	1,290,449		1,292,478	1,295,278
Investments		15	1 112,338			I 112338	~I,059 175
			1,115,680	1,304,883		2„420,563	2,375,450
CURRENT	.'TS
Debtors		16	265,930	330		266,260	89,856
Cash at beni	i hand		625,060	127,176		752,236	938,368
			890,990	127,506		1,018,496	1,028,224
CREDITOI
Amounts fal	within one year	17	(44,253)	(15,194)		(59,447)	(95,406)
NET CURII	SSETS		846,737	112312		959049	932,818
TOTAL AS	,ESSCURRENT
LIABILITI			1,962,417	1,417,195		3,379,612	3,308,268
CREDITOI
Amounts falling due atter more than one year		18	(49,061)			(49,061)	(50,000)
NET ASSETS			1,913,356	1,417,195	'	~3,330551	3,258,268
FUNDS		20
Unrestricted	funds					1,913,356	1,775,630
Restricted funds						~1417195.	I 482 638
TOTAL FUNDS						3,330551	3,258,268

				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	f	8	f	8
FIXEDASSETS
intangible assets	12	1,313	14,435	15,748	20,997
Tangible assets	13	2,029		2,029	4,806
investments	14	1,112,338		1,112,338	1,059,275
		1,115,680	14,435	1,130,115	1,085,078
CURRENT ASSETS
Debtors	15	265,930		265,930	89,186
Cash at bank and in hand		625,061	12,644	637,705	767,457
		890,991	12,644	903,635	856,643
CREDITORS
Amounts falling due within one year	16	(44,253)		(44,253)	(89,011)
NET CURRENT ASSETS		846,738	12,644	859,382	767,632
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,962,418	27,079	1,989,497	1,852,710
CREDITORS
Amounts falling due atter more than one year	17	(49,061)		(49,061)	(50i000)
NET ASSETS		1,913,357	27,079	1,940,436	1,802,710
FUNDS	19
Unrestricted funds				1,913,357	1,775,631
Restricted funds				27,079	27,079
TOTAL FUNDS				1,940,436	1,802,710

					2021	2020
				Notes
Cash flows from operating	actIvities
Cash generated from operations				1	(186,078)	415,157
Net cash (used in)/provided	by	operating		activities	(186,078)	415,157
Cash flows from iavesting	activities
Purchase oftangible fixed assets					(1,553)	(2,696)
Sale offixed unset investments					1,798	39,190
Interest received					2,437	725
Cash acquired on charitable	combination					39,884
Net cash provided by investing		activities			2,682	77,103
Cash flows from linancing	activities
New loans in year Loan repayments in year					~939)	50,000
Net cash (used in)/provided	by	financing		activities	~939)	50,000
Change in cash and cash equivalents			iu
the reportiag period					(184,335)	542,260
Cash and cash equivalents	at	tbe
beginniag oftbe reportiag	period				1,046,558	504,298
Cash and sash equivalents	at	the end	of
the reportiag period					862,223	1,046,558

	RECONCILIATION	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OPERATING
	ACTIVITIES
							2021	2020f
	Net income for the	reporting			period (as per the Statemeat ofFinancial
	Activities)						72,285	473,974
	Adjustmeats for:
	Depreciation charges						9,602	6,441
	Gain on investments						(53,163)	(45,489)
	Interest received						(2,437)	(725)
	Asset acquired on charitable			combination				(36,712)
	Increase in debtors						(176,404)	(26,663)
	(Decrease)/increase	in	creditors				~35,959)	44,331
	Net cash (used ia)/provided				by operations		i186,078)	415,157
2.	ANALYSIS OFCHANGES				IN NET FUNDS
						At I/1/21	Cash flow	At 31/12/21
						f	f	f
	Net cash						'
	Cash atbank and in	hand				938,369	(186,133)	752,236
	Cash held within investment			portfolio		108,190	1,798	109,988
						1~046558	(184,335)	862,224
	Debt
	Debts falling due after		1 year			~50000)	939	~49,061)
						~50,000)	939	~49,061)
	Total					~996558	~183396)	~813 163

				2021f	2020f
Gifts in Kind				101,351	43,370
Corporate	Donations			49,260	58,187
Gifi aid				11,507	4,861
Events and Sponsorship				36,128	27,659
Charity Appeals				500	21,284
Trusts and	grants			93,638	676,729
Acquired	on charitable	combination	from HYST		36,712
Legacies				4,964
				297,348	868,802

Trust and Grants
			2021	2020
				f
Audrey Mosey				4,800
Anne Rozenbroek			10,000
CallER Collective				31,438
Community Hub				10.000
Covid-19 Charitable	Response		6,228	361,973
Defibrillators			2,500	9,395
Dewhirst Charitable	Trust			4,500
Help for Health			16,691
HighFiver				65,609
John Hollis Trust				1,290
Making a Difference	Locally			1,746
Rank Foundation			17,120
Sarah Brignall			5,000
Sir James Reckitt Charity				2,000
Spark Fund - The Beecan				6,887
Smile				37,091
Smile ByThe Sea				5,000
The Vault				5,000
Two Ridings Community		Foundation	6,100
			93.638	676,729

3.	INVESTMENT	INVESTMENT	INVESTMENT	INCOME
							2021f	2020
	Rents received						103,013	104,784
	Deposit	account		interest			2,437	725
							105,450	105,509
4.	INCOME FROM CHARITABLE ACTIVITIES
							2021	2020f
	Funded charitable		activity				1,144,192	846,257
5.	CHARITABLE			ACTIVITIES COSTS
						Grant
						funding of
						activities	Support
					Direct	(see note	costs (see
					Costs f	6)	note 7) f	Totals f
	General
					557,699	534,672	435,499.	1,527,870
6.	GRANTS PAYABLE
							2021	2020f
	General
							534,672	822,434
	Grants payable		include the following:
							2021	2020
							f	f
	Armitage	Thanks Grants Paid						1,000
	AFC Blackburn			Leisure			1,000
	Amy Black Community						5,000
	Audrey	Mosley		Grants Paid				42,235

GRANTS PAYABLE	GRANTS PAYABLE	- coatinaed	- coatinaed
Andrew McNicholl	Ballet		Collective		12,500
Best Hope - Young	Talent		Club		5,000
Beverley Covid 19	Mutual		Aid		1,000
Bridlington CYP					4,492
Bridlington Pride					1,000
Bundles ofJoy					2,697
Carers Plus Yorkshire					5,000
Castaway Goole					9,985
Christ Church Bridlington					3,388
Community Hub						2,936
Concrete Youth					2,500
Cottingham Village	Trust				26,706
CPR						11,337
Defibrillators						1,446
Devils Kitchen benefitting			charities			1,770
Digital Divide						10,000
Donation ofSmile Time					159,356	288,323
Dramatic CIC					2,000
East Riding Resilience		Fund				29,501
Easington Youth Club					3,000
East Riding Theatre					2,500
Emmanuel Church	Bridlington				3,200
EMT Trust						1,820
Fire Rescue Training &Supplies					12,576
Covid-19 Charitable	Response					328,563
Goole Boxing Club					1,350
Grants Under f1,000					53,814	3,441
Health Stars					16,803	64
Health Tree Foundation						3,583
Hedon Methodist Church					3,671
Help for Health					3,231
HeyAct Grant					5,000
HICA Grant					2,300
HighFiver						29,116
Home Start Goole						46,000
Howden Rotary Club					1,345
Hull Children's University					5,000
Hull Dance CIC					15,650
Hull Truck Theatre					15,372
Kilham Playing Fields					3,168
Kingfisher Cafe					2,000
Love Driffield					5,000
Men in Sheds					4,057	4,000
Middle Child					10,000
Midsummer Spectacular					5,000
Moorlands Charity					4,940
National Initiative for Creative Education					10,000
National Youth Arts Trust					10,000
New Life Support					5,000
Nippon Grants Paid						9,129
Northern Academy	ofPerforming			Arts	4,990
Northern Hull Community			Rainbow Gardens		1,009
Northern Lights Drama					1,000

Peejay Pets		2,502
People's Pantry		1,000
Pride In Hull		4,500
Sargent Electrical Grants Paid			2,548
SASH		3,575
She Productions		5,120
Snaith and District Community	Sport &Leisure Association	4,744
Smile 365			(233)
Talking About Loss		8,670
The Godber Theatre		4,661
The Green Team		5,000
The Herd Theatre		10,000
The Hinge Centre		6,965
The One Point Grants Paid		1,800	5,855
Thunk-it Theatre		7,356
Thwing and Octon		1,860
Volunteer In Process		1,044
Young Playwrights		5,440
		334 672	822,434

		Information
Management f	Finance	technology
~274 594	251	11760
	Governance
Other	costs	Totals
f	f
126,083	22,811	435,499

		2021 f	2020f
Auditor's Remuneration		2,800	2,800
Depreciation	- owned assets	4,353	1,192
Development	costs amortisation	5,249	5,249

There were no trustees' expenses paid for the 31 December 2020.	year ended 31 December2021 nor for t	he year end
STAFFCOSTS
	2021f	2020 f
Wages and salaries	662,362	495,478
Social Security costs	50,943	44,175
Other pension costs	11,326	14,387
	724,631	554,040

		2021	2020
Employed	Staff'	28	26

			2021	2020
660,001	-	870,000	I	I

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies		767,731	101,071	868,802
	Charitable activities
	General
			846,257		846,257
	Investment income		~71	104795	105.509
	Total		1,614,701	205,866	1,820,568
	EXPENDITURE ON
	Charitable activities
	General
			1,267,109	125,519	1,392,628
	Total		1,267,109	125,519	1,392,628
	Net gains on investments		45,489		45,489
	NET INCOME		393,081	80,347	473,429
	RECONCILIATION OF FUNDS
	Total fuads brought forward		1,382,549	1,402,291	2,784,839
	TOTAL FUNDS CARRIED FORWARD		1,775,630	1,482,638	3,258,268
12.	GIFTS IN KIND
	Throughout the year the charity received several services		which were donated. These	include:
				2021	2020
				f	f
	Otfice Rental - Gosschalks			26,518	26,518
	Legal Services - Gosschalks			6,089	6,089
	IT Services - Gosschalks			3,363	3,363
	Accountancy -360 Accountants			6,400	7,400
	Events and other miscellaneous			8,981
	PPE —Arco			50,000
				IOL351	43,370

INTANGIBLE FIXEDASSETS
		Development
	Goodwill	costs	Totals
CROUP	f	f	f
COST
At I January 2021 and 31 December 2021	2,857	26,246	29,102
AMORTISATION
At I January 2021	2,857	5,249	8,106
Charge for year		5,249	5,249
At 31 December 2021	2,857	10498	13,355
NET BOOK VALUE
At 31 December 2021		~15 747	15,747
At 31 December 2020		~20 997	20,997
		Development
	Goodwill	costs	Totals
COMPANY	f	f	f
COST
At I January 2021 and 31 December 2021	2,857	26,246	29,103
AMORTISATION
At I January 2021	2,857	5,249	8,106
Charge for year		5,249	5,249
At 31 December 2021	2,857	10,498	13,355
NET BOOK VAI.UE
At 31 December 2021		15,748	15,748
At 31 December 2020		20,997	20,997

TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
		Freehold	Motor		Computer
GROUP		property f	vehicles f		equipment f	Totals f
COST
At 1 January 2021		1,290,000	8,500		18,105	1,316,605
Additions					1.553	1,553
At 31 December 2021		1,290,000	8	500	19,658	I 318.158
DEPRECIATION
At I January 2021			8,500		12,827	21,327
Charge for year					4,353	4,353
At 31 December 2021			8,500		17,180	25,680
NET BOOK VALUE
At 31 December 2021		1,290,000			2,478	1,292,478
At 31 December 2020		1,290,000			5,278	1,295,278
			Motor		Computer
COMPANY			vehicles f		equipment f.	Totalsf
COST
At I January 2021				8,500	17,475	25,975
Additions					898	898
At 31 December 2021				8,500	18,373	26,873
DEPRECIATION
At I January 2021				8,500	12,669	21,169
Charge for year					3,675	3,675
At 31 December 2021	.			8,500	16,344	24,844
NET BOOK VALUE
At 31 December 2021					2,029	2,029
At 31 December 2020					4,806	4,806

FIXEDASSET INVESTMENTS
			Cash and
		Listed	se'ttlements
		investments	pending f	Totals f
MARKET VALUE
At I January 2021		950,985	108,190	1,059,175
Net proceeds from disposals/acquisitions Revaluations	ofinvestments	(1,798) ~53 163	1,798	53,163
		~1,002 350	109,988	I 112,338
NET BOOK VALUE
At 31 December 2021		1,002,350	109,988	1,112,338
At 31 December 2020		050985	108.19D	1,D59 175

share capital or by other mea	share capital or by other mea	ns:	ns:
JBWillows Worldng Men's		Cottages
Registered	ofiice:61 Queens	Garden,	Hull, East Yorkshire,	HU	I 3AE
Nature of	business: Charity
							2021	2020
						f		f
Aggregate	capital and reserves					1,367,448		1,384,763
Profit/(Loss) for the year
HEY Smile Events Limited
Registered	office:61 Queens	Garden,	Hull, East Yorkshire,	HU	I 3AE
Nature of	business: Dormant	Company
Class ofshare:			holding
Ordinary			100
							2021	2020
						f		f
Aggregate	capital and reserves						100	100
Hull Youth Support Trust
Registered	office: 161 Unit 5, High Street, Hull East Yorkshire,				HU I INQ
Nature of	business: Charity
							2021	2020
						f		f
Aggregate	capital and reserves					22,668		70,796
Profit/(Loss) for the year						~48,128)		34,084

16.	DESTORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
				2021	2020
	GROUP				f.
	Trade debtors			256,511	81,873
	Other debtors			7,134	7,000
	Prepayments and accrued income			2.615	983
				266,260	89,856
				2021	2020
	COMPANY			f
	Trade debtors			256,181	81,203
	Other debtors			7,134	7,000
	Prepayments and accrued income			2,615	983
				265,930	89,186
17.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2021	2020
	GROUP			f	f
	Trade creditors			24,531	76,933
	Social security and other taxes				9,580
	Other creditors			4;681	4,229
	Accruals and deferred income			30,235	4,664
				59,447	95.406
				2021	2020
	COMPANY				f
	Trade creditors			11,137	71,438
	Social security and other taxes				9,580
	Other creditors			4,681	4,229
	Accruals and deferred income			28,435	3,764
				~44 253	89,011
The	movements in deferred income	are analysed as follows:
				2021	2020
	GROUP			f	f
	Deferred income at 1 Jan			964	3,700
	Amounts released I'rom previous		years	(964)	(3,700)
	Incoming resources deferred	in the years
	Deferred income at 31 Dec
				2021	2020
	COMPANY			f	f
	Deferred income at I Jan			964	3,700
	Amounts released from previous		years	(964)	(3,700)
	Incoming resources deferred	in the years			964
	Deferred income at 31 Dec

18.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE	YEAR
					2021	2020
					f	f
	Bank loans (see note 19)				49,061	50,000
19.	LOANS
	An analysis	ofthe maturity	ofloans is given below:
					2021	2020
					f	f
	Amounts falling between		two and five years:
	Bank loans —2-5 years				49,061	50,000
20.	MOVEMENT IN FUNDS
	GROUP
					Net
					movement	At
				At I/I/21	in funds	31/12/21
					f	f
	Unrestricted	funds
	General fund			485,507	137,726	623,233
	Designated	funds —I AM	Fund	~1290,123		1,290,123
				1,775,630	137,726	1,913,356
	Restricted funds
	JBWillows	Working Men's Cottages		1,384,763	(17,315)	1,367,448
	Hull Youth	Support Trust		'70,796	(48,128)	22,668
	Spark Others			14,435 ~12644		14,435 12,644
				~1482,638	65443	1,417,195
	TOTAL FUNDS			~3258 268	~72 283	~3,330551

					Incoming	Resources	Gains and	Movement
					resources f	expended f	losses	in funds f
Unrestricted			funds
General	fund				1,406,475	(1,321,912)	53,163	137,726
Designated			funds —I AM Fund
					1.466.473	~2,321 912	53,163	137,726
Restricted		funds
JBWillows			Working	Men's Cottages	44,298	(61,613)		(17,315)
Hull Youth			Support Trust		96,217	(144,345)		(48,128)
Spark
Others
					140,515	~205,959		65,443
TOTAI.	FUNDS
COMPANY
							Net
							movement	At
						At I/I/21	in funds	31/12/21
							f	f
Uarestricted			fuads
General	fund					485,507	137,726	623,233
Designated		funds —I		AM Fund		~1290123		1,290,123
						1,775,630	137,726	1,913,356
Restricted		funds
Spark Others						14,435 ~12644		14,435 12,644
						27,079		27,079
TOTAL	FUNDS					1,802,709	137,726	1,940,435

			incoming	Resources	Gains and	Movement
			resources f	expended f	losses f	in funds f
Unrestricted		funds
General	fund		1,406,475	(L32L9(2)	53,163	137,726
Designated		funds —I AM Fund
			1496475	~1322922	53163	137726
Restricted funds
Spark
Others
TOTAL	FUNDS

				2021	2020
				f	f
INCOME AND	ENDOWMENTS
Donations and legacies
Gias				101,351	43,370
Donations				49,260	58,187
Gia aid				11,507	4,861
Grants				36,128	27.659
Admissions				500	21,284
Trusts and grants				93,638	676,729
Acquired on charitable		combination	from HYST		36,712
Legacies				4,964
				297,348	868,802
Investment iacome
Rents received				103,013	104,784
Deposit account interest				2,437	725
				105,450	105,509
Charitable activities
Funded charitable	activity			1,144,192	846,257
Total incoming resources				1,546,990	1,820,568
EXPENDITURE
Charitable activities
Smile programme	costs			18,722	16,818
Funded work costs				504,516	228,764
Smile event costs				34,461	22,168
Community costs					5,636
Grants to institutions				528,865	534,111
Grants to individuals				5 807	288,323
				1,092,371	1,095,820
Support costs
Managemeat
Wages				148,363	117,999
Pensions				11,326
Light and heat				22,496	18,591
Telephone				14,090	8,974
Postage and stationery				2,090	1,963
Carried forward				198,365	169,536

					2021f	2020f
Managemeat
Brought forward					198,365	169,536
Advertising					24,699	7,544
Motor expenses and		travel			2,310	2,447
Management Rent	fees				6,864 ~42 356	6,478 40913
					274,594	204,909
Finance
Bank charges					251	192
Information	technology
IT Sottware and consumables					11,760	6,484
Other .
Insurance					9,228	9,367
Repairs					62,301	22,009
Sundries					44,952	21,141
Amortisation	ofintangible		fixed assets		5,249	5,249
Depreciation	oftangible fixed assets				4,353	1,192
					126,083	58,958
Governaace	costs
Auditors' remuneration					2,800	2,800
Accountancy	and legal fees				20,011	23.465
					22,811	26,265
Total resources	expended				~1,527 870	1,392,628
Net income before gains and losses					19,120	428,485
Realised recognised		gains	and losses
Realised gains/(losses)		on investment		property	53,163	45,489
Net income					~72 283	473,429