Squishy (company limlted by guarantee) Company number Charity number 9195985 1160540 UNAUDITED FINANaAL STATEMENTS 31 DECEMBER 2023 Independent Examiner: Peter Saftlel, Church & Charity Accounts Service Ltd
Squishy (company limited by guarantee) INDEX Page REFERENCE AND ADMINISTRTIVE DETAILS REPORT OF THE TRusfEES {INCLUDING DIRECTOR'S REPORT) 24 INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL AcrivrriES & INCOME & EXPENDITURE ACCOUNT BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS io
Squishy (company limited by guarantee) REFERENCE AND ADMINisfARTIVE DEfAILS OF THE CHARITY. ITS TRusfEES AND ADVISORS 31sf DECEMBER 2023 Charity Name: Squishy cOmnY Number. 9195985 (England & Wales) Charfty Reglstration Number. 1160540 (England & Wales) Governlng Document: Memorandum and Article5 of Association •rrporated 30th August 2014 Trustees: Edward Robinson Susan Robinson Prfnclpal Office & corresponden Addr. 149 Harrfe5t Fields Way Sutton Coldfield West Midlands 875 5TJ Indendent Examlner. Peter Saltiel Church & Charlty Accounts SeNice Ltd 7 Planchadeau 23460 SaInt-Prre-8ellevue Frdnce Bankers: Barclays Bank Leicester LE87 2BB Sollcltors: Anthony Collins Solicitors LLP 134 Edmund Street Birmingham B3 2ES
Squishy (Company limited by guarantee) TRUSTEES, / DIRECTORS. ANNUAL REPORT The Trustee5. who are dlrertors of the company for purposes of company law, present thelr report and financial statements to8ether wlth the Independent examinerfs report for the perlod ended 3111 December 2023, STRUCTURE. GOVERNAN AND MANAGEMENT The Charity was established by memorandum and artlcles of associatlon Incorporated 3 August 2014 under company number 919S985. The Charlty was re8lstered as a charlty by the Charity Commlsslon on 18 February 2015. The princlpal office bs 149 HaNest Flelds Way, Sutton Coldfleld, West Midlands, 875 5TJ. It Was Set up to make 8ronts. It will financlally benefit unconnected indlviduals and organlsatlons where the grant will meet the definltlon of a charitable Brant and be applied by the reclplent In fulfllment of a charltsble purpose. Both trustees named on pa8e l. Edward Robinson and Susan Robinson, have been In office slnce Incorporation. They have held office throu8hout the year and to the date of thls port. No trustee has receNed any remuneration directty or Indirectly from the Charity. The power of appolnting new or additional trustees Is vested in its Members who are the PSent Trustees. The Truslees have agreed that, as part of the inductlon process for new trustees, before anyone conslders appolntment as a trustee, they should famlliarise themselves wlth the responslbllitles of charlty trustees. read the Charlty Commlsslon booklet on this subject and carefully read the CharIt5 memorandum and artlcles of associatlon and Its latest financial statements. The Trustees have reviewed the major risks to which the Charity is exposed. Where practical and approprlate, steps have been put in place to manage. mitigate or minlmlse those rlsks. OBJEcfNES AND ACTMTIES ACHIEVEMENTS ANO PERFORMANCE The Oblect as set out In the Charitys Arlicles of Associatlon, Its governing document, Is to: promote and support such charitsble purposes as the Trustees may from time to tlme determine. The Charity has sought to achieve its object by the gNing of grants to indmduals and organisatiorts. The Trustees have taken account of the Charlty Commission's general guidance relatlng to publlc benefrt issues when reviewing the Charitvs objectpées and activit*s.
Squishy (company limited by guarantee) TRUSTEES. I DIRECTORS, ANNUAL REPORT Icontlnued) The Charlty has pald grants as follows:. 2023 2023 No. 2022 2022 No. Churches & para-church ¢rgaDisations Full tlme Christian workers Chlldren & youthwork Workln8 wlth famllies 8,100 3,500 2,100 16,51XI li FINANaAL REVIEW The trustees are of a vlew that there are sufflclent reserves to secure the Immedlate future of the Trusi for the next 12 to 18 months and. on this basis. the charlty is a 8oin8 concern. The Trustees have the power to invest In such assets as we see fft. However, to the balance sheet dates we have only placed funds Wlth Barclays Bank. Income for the year was £82,69312022: £1451. Experrfliture for the year was £5.86012022.' £16,873). The Charlty currently has £41,264 In undesignated fvnds {2022: £15,386) and £201,857 In respect of Invested deslgnated funds {2022' £150,425). RESPONSIBILMES OF THE TRUSTEES The Trustees are responslble for preparing their report and the flnanclal statements in accordance with appllcable Iwi and regulations. Company law requlres the Trustees to prepa financial statements for each financlal year. Under that law the Trustees have elecled to prepare the financlal ststements in accordance with Unlted Kingdom Generally Accepted Accounting Prartice (UK Accounting Standards and appllcable lawl. Under company law the Trustee5 must not approve the financial statements unless they are satisfied that they give a true and falr vlew of the state of affairs of the charity and of the surplus or deficit of the Charlty for that perk)d. In preparln8 these flnanclal Statements, the Trustees are qUired to:. select suitable accountln8 pollcles and then apply them consistently; make judgements and accounting esiimates that are reasonable and prudent: state whether applicable UK Accounting Standards have been followed, subject to any material departu5 disclosed and explalned in the financial statements; prepare the financial statements on the goin8 concern basls unless it is inappropriate to presume that the charity will continue operating.
Squishy (company limited by guarantee) TRUSTEES. I DIREcfoRS' ANNUAL REPORT {continuedl The Trustees are responsible foi keeping adequate accounting records that are sufficient to show and explain the Charitvs transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the firbancial Statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularities. This report, which was prepared in accordance with the provisions in the Companie5 Act 120061 relatin8 to small companies, was... Approved by the Trustees/Directors on 30 June 2024 and slgned by their order by Susan Robin50n ,J£Gbi
Squishy {company limited by guarantee) INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEESIDIREcfoRSIMEMBERSOFSQUISHY FOR THE YEAR ENDED 31ST DECEMBER 2023 rl No: 11605 Com I report on the accounts of Squlshy for the year ended 31st December 2023 whlch a set out on pages 6tolO. Responslbllltles and basls of r¢port As the charityls trustees of the Company (who are also the dlrector5 of the company for the purposes of company lawl, you are responslble for the preparation of the accounts In accordance wlth the requlrements of the Companles Act 20061.the 2006 Act"). Havln8 satlsfled myself ihat the accounts of the Company are not required to be audlted for thls year under Part 16 of the 2006 Act and are ellglble for Independent examlnation, I report in respect of my examlnatlon of your charity5 accounts as carrled out under sectlon 145 of the Charitles Act 20111.the 2011 Acfl. In carryln8 Out my examlnatlon, I have followed the Dlrectlons 8lven by the Charlty Commlsslon (under sectlon 14515llbl of the 2011 Act. Independent examlner's statement I have completed my examlnatlon. I confirm that no materlal matters have come to my attenllon whlch 8lves me cause to belleve that.. accountlnB records were not kept In accordance wlth section 386 of thè Companles Act 2006; or the accounts do not accord wlth such records; or the accounts do not comply wlth relevant accountlng requirements under sectlon 396 of the Companles Act 2006 other than any requlrement that the accounts give a 'true and fairf view whlch Is not a matter considered as part of an Independent examlnatlon; or the accounts have not been prepared In accordance wlth the Charlties SORP IFRS1021. I have no concerns and have come across no other matters in connectlon with the examlnatlon to whlch attentlon should be drawn In thls report in order to enable a proper understandlng of the accounts tt) be reached. Peter Saltiel Church & Charlty Accounts Servlce Ltd 7 Planchadeau 23460 Saint-Plerre-Bellevue France formerly, 69 Portlond Place Greenhithe, Kent, DA9 9FE Dated 3 July 2024
Squishy {company limited by guarantee) srATEMENT OF FINANaAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31" DECEMBER 2023 Unrestrlrted &Total Funds 2023 Unrestrlcted & Total Funds 2022 Notes INCOME Donatlons recelved Ilncludlng tax recoverable) Interest recelved 81.250 145 145 82.693 EXPENDITURE ON CHARITABLE ACTIVITIES 5.860 NET INCOMEIIEXPENDITUREI IN FUNDS 76033 116,7281 TOTAL FUNDS BROUGHT FORWARD 166.288 183,016 TOTAL FUNDS CARRIED FORWARD 243,121 166,288 Thls Statement of Financlal Actlvltles Includes all galns and losses reco8nlsed In the year. All of the above results are derlved from contlnuln8 activities. The notes on pages 8 to 10 form part of these flnanclal statements.
Squishy (company limited by guarantee) BALANCE SHEET ST AT31 DECEMBER 2023 Notes 2023 2022 CURRENT ASSETS Cash at bank Debtors 243,421 165,813 775 243.421 166,588 LIABILITIES Creditors 300 3(X) 300 300 NET AssErs 243.121 166,288 REPRESENTED BY= Designated, for investment Undesignated - available for grants Total Unrestricted Fund5 201,857 41,264 243.121 150,425 15,863 166,288 The trustees (who are also the directors of the company for the purposes of company lawl confirm that for the year ended 31st December 2023= the company was entitled to exemption from audit under section 477 of the Companies Act 2006, and members have not required the company to obtain an audil of it5 accounts for the year in question in accordance with section 476 of the Act. The accounts have been examined by an independent examiner whose report appears on page 4. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The Notes on pages 8 to 10 form an integral part of these accounts. These accounts. which have been prepared in accordance with the provision5 in the Companies Act 2006 relating to small companies, were approved by the Trustees/Directors on 30, June 2024 and signed on their behalf by= Susan Robinson Company Number 9195985
Squishy (Company Ilmited by guarantee) NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 315f DECEMBER 2023 I. BASIS OF PREPARATION Basls of accountln8 These accounts have been prepared underthe historlcal cost conventlon wlth Items recognised at cost or transactlon value unless otherwise stated In the relevant notelsl to these accounts, accordance wlth the Statement of Recommended Practlce.. Accounilng and Reportlng by Charltles preparing their accounts In accordance wlth the Companles Act 2006 Flnancial Reportlng Standard appllcable In the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and wlth the Flnanclal Reportlng Standard applicable In the United Klngdom and Republlc of Ireland IFRS 1021. The accounts present a true and falr vlew and no changes In the basls of accountlng have been made during the year. There have also been no chan8es to the previous accounts durlng the flnanclal year. The charity Is a publlc benefit entlty as defined by FRS 102. Golng Concern The trustees are of a vlew that there are sufflclent reserves to secure the Immedlate future of the Trust for the next 12 to 18 months and on that ba51s the charlty Is a Bolng concern. Cash Flow Exemptlon The charltable company has not produced a Statement of Cash Flows, as the charlty Is wlthln the small company and charlty thresholds. 2. ACCOUNTING POLICIES Fund Accountlng Unrestrlcted funds are donatlons and other income recelved or generated for the objects of the charlty wlthout speclflc purpose ènd are avallable as general funds, There are no re5trlcted fvnds. Income Donatlons from Indlvlduals are included on a cash recelved basls. There would be no materlal difference If an accruals basls were adopted. Tax recoverable Is Induded In the period to whlch the glft 8eneratln8 the tax recovery relates laccruals basisl. Expendlture Grants are accounted for when a formal commltment Is made. Other expendlture Is Included on an accruals basls when Incurred. Govemance costs are those related to the runnln8 of the Charlty, Including the Independent Examlnatlon and other statutory C05tS. Judgements and E5timatlons The trustees have not made any slgnlficant Jud8ements In the process of applylng the accountlng policies and there are no area5 of estimation uncertainty that have a slgnlflcant rlsk of causlng a material adjustment to the carryln8 amounts of assets and liabilities. Net current Assets Current assets are cash at bank wlth Immediate access and debtors. There are no fixed assets. Current liabllitles are obligations to pay for servlces wlthln one year.
Squishy (company limited by guarant88) NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31" DECEMBER 2023 (contlnued) 3. INCOME 2023 2022 Don8tlons recefved Glft Ald reclalmed Income from Investments- Interest 65,000 16,250 1,443 145 82,693 145 4. CHARITABLE AcnviTES Thls comprlses restrlcted grants and other charltable actlvlty costs, 2023 2023 No. Z022 2022 No. GRANTS.. Churches & para.Church or8anlsatlons Full tlme Chrlstlan workers Chlldren & youthwork Worklng wlth famllles 3,61XI 1.800 8,100 2,100 16,51)0 li OTHER COSTS: Governance Admlnlstration 313 147 313 TOTAL COST OF ALL CHARITABLE A1VITIEs 5,860 16.873
Squishy (Mmpany limited by guarantee) NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31" DECEM8ER 20231contlnued) 5. DEBTORS 2023 2022 Glft Ald to be reclalmed 775 775 6. CREDITORS 2023 2022 Governance 3(X) 300 300 7. RELATED AND AssoaATED PARTY TRANSAcnoNS There were no lated and assoclated party traftctIOns Sn the year. 8. ADDITrONAL N(yfES None of the trustees have been pald any remuneration or recefved any other benefits from an employment with thelr charlty or a Lated entity- No trustee expenses have been incurred. As there are no employees, no employee was paid more than £&),(1. The company Is a re8lStered charity and as all its income wlll be applied for charftable purposes, no tax Ilablllty arlses. The charity is limited by8uarantee arKI has no share capital. If the charfty has debts that exceed Its assets, members and any fom)er members who re51gned wlthln one year of the deflclt are Ilable to contrlbute £1 each. io