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2022-05-31-accounts

Little People UK

UNAUDITED

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

for the year ended

31 May 2022

Registered Charity Number 1161274 Little People UK

Contents
Page
Charity Reference and Administrative Details 1
Trustees' Annual Report 2 - 6
Independent Examiner's report 7
Statement of Financial Activities 8
Balance sheet 9
Notes to the financial statements 10 - 15
Detailed Statement of Financial Position 16 - 17

Little People UK

CHARITY REFERENCE AND ADMINISTRATIVE DETAILS for the year ended 31 May 2022

Trustees Samantha Davis (Chair)(Resigned 17/1/22)
Simeon Dyer (co-opted Acting Chair 20/2/22)
Emma Belcher (Vice Chair)
Stuart Walker (Treasurer)
Annabelle Davis (resigned 12/1/22)
Belinda Thompson
Charlie McGreal
Denise Walker (resigned 9/9/21)
Laura Smith (elected 31/8/21)
Jessica Hornsey (elected 31/8/21)
Andrew Moyes (elected 31/8/21)
Darren Todd (resigned 28/8/21)
Sarah Griffiths (resigned 28/8/21)
Colleen Ewart (resigned 10/1/22)
Charity Registered
Number 1161274
Registered Office PO Box 1292
Peterborough
PE2 2NT
Administrator Rebecca Nuttall
Accountants Duncan & Toplis
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR

1

Little People UK TRUSTEES ’ ANNUAL REPORT for the year ended 31 May 2022

The Trustees present their annual report together with the financial statements of Little People UK (the Charity) for the year ended 31 May 2022. The Trustees confirm that the Annual report and financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015).

Change of status

On 1[st] of June 2018 the charity converted to a Charitable Incorporated Organisation (CIO). The charity was previously an unincorporated charity.

STRUCTURE, GOVERNANCE AND MANAGEMENT

a. Constitution

Little People UK is governed by our constitution, adopted on 1 June 2018. This was written following the guidance of and to comply with the charity commission.

The principal object of Little People UK is to provide friendship and support to people with dwarfism, their families and friends, and help build a positive future for those individuals.

b. Method of appointment or election of Trustees

The management of Little People UK is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed, forming a committee.

It is such that there are currently 8 trustees, all of who are nominated to join the committee prior to the annual general meeting and then subsequently voted on to the committee by Little People UK members during the annual general meeting. Each trustee effectively resigns from the committee at the annual general meeting, requiring nomination and election for a subsequent term.

c. Policies adopted for the induction and training of Trustees

The charity provides new Council of Management members with an induction pack and mentoring from the Chair.

d. Organisational structure and decision making

Currently, there are 8 Trustees, including a Chair, Vice Chair, Secretary and Treasurer. All decisions are put to the vote at committee meetings or via poll using email.

e. Risk management

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

2

Little People UK TRUSTEES’ ANNUAL REPORT continued… for the year ended 31 May 2022

Annual Convention

In August 2021 we held our first event since the COVID pandemic, the emphasis was on meeting again, with elements of social and fun activities following lockdown including Science, Photobooth, children’s activity room, disco, this was heavily subsidised by LPUK to ensure it was affordable for lots of members to attend. This was attended by 201 people, including 24 new members. At this event we also held our certificate giving where we acknowledged our long list of fundraisers and donors since our last Annual Convention.

Committee

At this event we held our first AGM in just under 2 years, whereby a new committee was nominated. Joining at this AGM were Laura Smith, Jess Hornsey and Andy Moyes, there was a change in vice-chair positions with EmmaJayne Belcher and Simeon Dyer taking up a joint position. Sam Davis and Stuart Walker remained as Chair and Treasurer respectively.

During January of 2022 Sam Davis stepped down from chairperson position, Simeon Dyer was voted by the committee to take on this position in a temporary role until the next AGM (to be held Aug 2022). We would like to take this opportunity to thank Sam Davis for all the work she has put into this position creating and developing LPUK.

Due to family commitments other resignations were received from Colleen Ewart, Denise Walker and Annabelle Davis, we would also like to thank them for their support throughout the years.

Committee Development

All committee members have undertaken online Adult and Children Safeguarding Training, this will be renewed every 3 years and all new committee members will be required to take this training. This is a requirement from the Charity Commission.

A new Finance Policy was written to combine previous policies include, including; financial control, claiming expenses, fundraising and other minor policies. This provides a more consistent approach and makes reviewing easier.

LPUK has recently joined the National Council for Voluntary Organisations (NCVO) and we have taken advantage of their training sessions, along with those from Foundation for Social Improvement (FSI). NCVO offer a wide range of support and advice to small charities such as ours, and have significant online resources which we have utilised.

Fundraising

In October 2021 we had two places in the London Marathon, which were transfers from the Ride London (which had been cancelled due to the pandemic) and these were taken up by average height parent members of LPUK Gareth Jenkins and Natalie Dicks who did a fantastic job completing the run, raising funds and awareness in the process. We also have one space for the 2022 London Marathon.

Meetings

We held out first in-person committee meeting in June 2021 where we discussed the event and focussed on priorities of the committee. All other meetings have continued to be conducted via Zoom.

3

Little People UK TRUSTEES’ ANNUAL REPORT continued… for the year ended 31 May 2022

Online activities

The LPUK Book Club has been ongoing and continues to meet monthly on Zoom. We held a Christmas Party for our members on Zoom where we had a quiz, crafts, scavenger hunt and allowed the opportunity for attendees to meet virtually before the festive period.

Equipment Loan Scheme

The LPUK Equipment Loan Scheme has had negligible take up in the past 12 months and the committee have taken the decision to close this down as it is no longer viable. Remaining assets were advertised to members and the majority have been sold, at face value.

Medical developments

Many people will have seen the program with Ellie Simmonds when she was looking at the drug treatments for people with achondroplasia and we have received enquiries about it. We are keeping in contact with National Institute for Clinical Excellence (NICE) to ensure we are keeping up to date with developments and we have been in contact with Ellie Simmonds in April/May to raise awareness and possibly work together with other organisations within the dwarfism community regarding this.

We have also started work to develop hospital booklets to raise awareness and improve the experience when people go to hospital, for both children and adults with dwarfism. Questionnaires have already been sent out for adult member and parents and we are now in the process of arranging meetings for focus groups, to develop the project further.

Outreach

The Museum project with Blackpool Council has been delayed due to the council having structural issues at the chosen site. We are picking this back up within the next few weeks. We are keen to see people with dwarfism portrayed in a positive manner, whilst telling our history.

We recently attended the Motability Big Event at the Birmingham NEC, to raise awareness of LPUK, whilst also seeking out information for our members regarding adaptations to vehicles and mobility scooters. Many connections were made, some of whom may attend our future events and promote LPUK to their clients.

In April we were contact by MP Andrew Percy, who wanted us to join in a discussion regarding improving the perception of people with dwarfism in society. We have been invited to cross party meeting to look into this further. This is a project we are excited about and we look forward to seeing how it develops.

We continued to attend the Peterborough Physical Disabilities Partnership Board and as a result of this have been invited to Hate Crime events to raise awareness, again with the aim of improving perceptions in society and reducing hate crime towards people with dwarfism.

4

TRUSTEES’ ANNUAL REPORT continued… for the year ended 31 May 2022

Little People UK

FINANCIAL REVIEW

a. Reserves policy

A reserves policy is in place that sees the charity hold sufficient reserves to cover 2 years employment costs, convention subsidies and loan scheme costs. This equates to approximately £73,000.

b. Principal funding

The charity's principal funding source is the receipt of unrestricted donations.

PLANS FOR THE FUTURE

We intend to move forward with all of the projects listed above and make more grant applications to support our work. We will encourage our members to continue to fundraise and raise awareness across their communities about the work of LPUK. We are looking forward to new committee members joining us following the AGM in August and we anticipate a productive year for LPUK.

5

TRUSTEES’ ANNUAL REPORT continued… for the year ended 31 May 2022

Little People UK

Trustees’ responsibilities statement

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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 irregularities.

This report was approved by the Trustees on 22 December 2022 and signed on their behalf by:

Stuart Walker, Treasurer

6

Little People UK

INDEPENDENT EXAMINER’S REPORT

for the year ended 31 May 2022

Independent examiner's report to the Trustees of Little People UK

I report to the charity trustees on my examination of the financial statements of the Charity for the year ended 31 May 2022 which are set out on pages 8 to 17.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records [; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 o ther than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Dated: 22 December 2022

Alistair Main FCA Duncan & Toplis Limited Chartered Accountants Enterprise Way Pinchbeck Spalding Lincolnshire PE11 3YR

7

LITTLE PEOPLE UK

STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 May 2022

2022 2021
Unrestricted Total funds Total funds
funds Restricted fund
£ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 15,017 - 15,017 25,827
Charitable activities 3 25,146 - 25,146 955
Other trading activities 4 984 - 984 130
Investment income 5 7 - 7 31
Other income 6 96 - 96 2,700
41,250 - 41,250 29,643
EXPENDITURE ON
Raising funds 501 - 501 233
Charitable activities 7 40,237 - 40,881 25,958
Other 6,133 - 6,130 5,393
Total 46,871 - 47,512 31,584
NET (EXPENDITURE) (5,621) - (6,262) (1,941)
RECONCILIATION OF FUNDS
Total funds brought forward 105,745 - 105,745 107,686
TOTAL FUNDS CARRIED FORWARD 100,124 - 99,483 105,745

All income and expenditure derive from continuing activities.

8

LITTLE PEOPLE UK BALANCE SHEET at 31 May 2022

Note
Current assets
Stock
Cash at bank
Creditors:amounts falling due within
one year
11
Net current assets
Net assets
Charity funds
Unrestricted funds
12
Total funds		 £
2,007
99,580
(1,463)		 2022
£
101,487
100,124
100,124
100,124
100,124		 £
1,920
105,444
(1,619)		 2021
£
107,364
105,745
105,745
105,745
105,745

The financial statements were approved and authorised for issue by the Trustees on 22 December 2022 and signed on their behalf, by:

Stuart Walker, Treasurer

The notes on pages 10 to 15 form part of these financial statements.

9

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 May 2022

LITTLE PEOPLE UK

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

1.1 GENERAL INFORMATION AND BASIS OF PREPARATION

Little People UK is a Charitable Incorporated Organisation whose principle office is in England. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the Charity’s operations and principal activities are to provide friendship and support to people with dwarfism, their families and friends, and help build a positive future for those individuals.

The Charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Practice as it applies from 1 January 2015.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the Charity and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

As of 1 June 2018, the charity has converted to a Charitable Incorporated Organisation with all assets of the existing charity transferred to this new entity.

1.2 FUNDS

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

1.3 INCOME RECOGNITION

All incoming resources are included in the Statement of Financial Activities (SoFA) when the Charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.

For donations to be recognised the Charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the Charity and it is probable that they will be fulfilled.

Income tax recoverable in relation to donations received under Gift Aid is recognised at the date of the submission of the claim.

10

LITTLE PEOPLE UK NOTES TO THE FINANCIAL STATEMENTS continued For the year ended 31 May 2022

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

1.4 EXPENDITURE RECOGNITION

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

1.5 DEBTORS AND CREDITORS RECEIVABLE / PAYABLE WITHIN ONE YEAR

Debtors are recognised when the Charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.

Creditors are recognised when the Charity has a present legal or constructive obligation resulting from a past event and the settlement is expected to result in an outflow of economic benefits.

1.6 FINANCIAL INSTRUMENTS

The Charity holds basic financial instruments.

Section 11.35 of FRS102 SORP 2015 for basic financial instruments requires an entity to disclose the carrying amounts of its financial assets and financial liabilities at the reporting date.

Cash at bank - is classified as a basic financial instrument and is measured at face value.

Liabilities - accruals will be classified as financial instruments and are measured at amortised cost.

1.7 GOING CONCERN

The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concern.

1.8 STOCK

Valuation and work in progress are valued at the lower of cost and estimated selling price less costs to complete and sell and after making due allowance for obsolete and slow-moving items. Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing valuation to their present location and condition.

11

NOTES TO THE FINANCIAL STATEMENTS continued For the year ended 31 May 2022

LITTLE PEOPLE UK

1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

1.9 JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognized in the financial statements:

Basis of valuation of financial instruments.

2. DONATIONS AND LEGACIES

Fundraiser
Donations
3.
CHARITABLE ACTIVITIES
Convention fees
LPUK birthday party
Membership fees
Events
Loan scheme
4.
OTHER TRADING ACTIVITIES
Sales of merchandise
5.
INVESTMENT INCOME
Deposit account interest		 2022
£
11,249
3,768
15,017
2022
£
950
21,771
20
-
2,405
25,146
2022
£
984
984
2022
£
7
7		 2021
£
22,841
2,986		 2021
£
22,841
2,986
25,827
2021
£
170
-
35
-
750
955
2021
£
130
130
2021
£
31
31

12

NOTES TO THE FINANCIAL STATEMENTS continued… For the year ended 31 May 2022

LITTLE PEOPLE UK

6. OTHER INCOME

2022
£
Sundry income
96
96

7.
EXPENDITURE
Direct costs
Support costs
(See note 8)
£
£
Raising funds
501
-
Charitable activities
40,238
-
Other
2,407
3,726
43,145
3,726
8.
SUPPORT COSTS
Other
Governance
costs
£
£
Meeting expenses
-
-
Postage and stationery
Telephone
366
102
-
-
Insurance
-
560
Data protection
-
-
Sundry
940
-
Accountancy and professional fees
-
1,758
Justgiving
-
-

1,408
2,318
9.
STAFF COSTS
Staff costs were as follows:
2022
2021
£
£
Wages
18,084
19,260
Social Security
1,664
1,420
Pension
425
388
20,173 21,068		 2021
£
2,700
2,700
Totals
£
501
40,238
6,133
46,871
Totals
£
-
366
102
560
-
940
1,758
-
3,726

13

NOTES TO THE FINANCIAL STATEMENTS continued… For the year ended 31 May 2022

LITTLE PEOPLE UK

The average monthly number of employees during the year as follows:

2022 2021 No No 1 1

No employee received remuneration amounting to more than £60,000 in either year.

10. TRUSTEES' AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES

The Trustees nether received nor waived any remuneration in the year (2021 - £Nil).

The total amount of employee benefits received by key management personnel is £20,173 (2021 - £21,068). The Charity consider its key management personnel comprise the Trustees as named on page 1 and the Charity's administrator.

During the year, three Trustee received reimbursement expenses of £704 (2021 - one trustee received reimbursement expenses of £410).

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals and deferred income
Other creditors
Payee & NIC Creditor
Net wages
Total		 2022
£
990
83
390
-
1,463		 2021
£
900
75
644
-
1,619

12. STATEMENT OF FUNDS

UNRESTRICTED FUNDS
General fund		 Brought
forward
Income
Expenditure
£
£
£
105,745
41,250
(46,871)		 Carried
forward
£
100,124

14

LITTLE PEOPLE UK

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 May 2022

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
Restricted
funds
funds
Net current assets
100,124
-
Total
100,124
-		 2022
£
100,124
100,124		 2021
£
105,745

105,745

14. RELATED PARTY TRANSACTIONS

There were no related party transactions in the year.

15

LITTLE PEOPLE UK

DETAILED STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 May 2022

All unrestricted

All unrestricted
INCOME AND ENDOWMENTS FROM
Donations and legacies
Fundraiser
Auction sales
Donations

Charitable activities
Convention fees
LPUK birthday party

Membership fees
Events
Loan scheme
Other trading activities
Sales of merchandise
Investment income:
Interest received
Other incoming resources

TOTAL RECEIPTS
PAYMENTS
Raising funds
Merchandise
Stock


Charitable activities:
Convention expenses
Event costs

Advertising and marketing
Hotel expenses
Mileage
Wages
Social Security
Birthday Party

Loan scheme
Pension (Nest)
Fundraising Costs

Web Hosting

2022
£
11,249
-
3,768
15,017
950
21,771
20
-
2,405
25,146
984
7
96
41,250
501
-
501
16,033
-
-
534
160
18,084
1,664
2,740
179
425
418
-
40,237

















16

LITTLE PEOPLE UK

DETAILED STATEMENT OF FINANCIAL ACTIVITIES continued…

For the year ended 31 May 2022

Other costs
Postage printing and stationery
Meeting expenses
Insurance
Data protection
Telephone
Justgiving
Sundry
Accountancy and professional fees
Web Costs
Training
Checks
Stock movement
TOTAL PAYMENTS
EXCESS PAYMENTS OVER RECEIPTS
£
366
0
560
0
102
0
940
1,758
1440
778
276
(87)
6,133
46,871

(5,622)		 £
236
0
675
35
97
475
2,463
0
1,412
0
0
-
5,393
31,584		 £
236
0
675
35
97
475
2,463
0
1,412
0
0
-
(1,941)

17