## Little People UK
## UNAUDITED
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS
for the year ended
31 May 2024
**Registered Charity Number 1161274** Little People UK
|Contents||
|---|---|
||Page|
|Charity Reference and Administrative Details|1|
|Trustees' Annual Report|2 - 5|
|Independent Examiner's report|6|
|Statement of Financial Activities|7|
|Balance sheet|8|
|Notes to the financial statements|9 - 14|
|Detailed Statement of Financial Position|15 - 16|
## Little People UK
CHARITY REFERENCE AND ADMINISTRATIVE DETAILS for the year ended 31 May 2024
|**Trustees**|Andrew Smith (Chair)|Andrew Smith (Chair)|
|---|---|---|
||Danielle Webb|(Vice Chair)|
||Stuart Walker|(Treasurer)|
||Laura Smith||
||Charlie McGreal||
||Jayne Ansell||
||Michelle Webb||
||Jessica Ward||
||Charlotte Thorneycroft||
||Gabriela Boyle||
|**Charity Registered**|||
|**Number**|1161274||
|**Registered Office**|PO Box 1292||
||Peterborough||
||PE2 2NT||
|**Administrator**|Rebecca Nuttall||
|**Accountants**|Duncan and Toplis Limited||
||Enterprise Way||
||Pinchbeck||
||Spalding||
||Lincolnshire||
||PE11 3YR||
1
Little People UK TRUSTEES’ ANNUAL REPORT for the year ended 31 May 2024
The Trustees present their annual report together with the financial statements of Little People UK (the Charity) for the year ended 31 May 2024. 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 2019).
## **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 10 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 10 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 2024
Key objectives and priorities -
- Building a sustainable and diverse funding base.
- We aim to be an essential resource for little people, their families, friends and allied professionals.
- We offer friendship, support and advice to all little people in the UK.
- We aim to help members develop confidence, improve self-esteem and build resilience through a blend of social, educational and wellbeing activities.
## **Activities for achieving objectives**
Little People UK have maintained with a consistent board since 2023 with trustees settling in to their roles and developing opportunities, making new partnerships and continuing tasks such as organising annual events.
## **Online workshops and discussion groups**
We have continued our subscription of Zoom to allow us to continue to provide connection with our members outside of in-person activities. We held a few Youth Group sessions, along with continuation of LPUK Book Club. The social media groups introduced last year such as LPUK Gardening Club and LPUK Mum’s Group have continued to great success. Allowing us flexibility in providing emotional, educational and social support to our membership. Our daily social media posts have continued and further increase engagement to the wider community online.
## **Regional Meetings**
We held a regional meeting at Longleat Safari Park during April which welcomed a number of new families and allowed members from local areas to meet in a fun, relaxed environment, we have regional meet-ups arranged for the coming 12 months, and we hope to develop these even further by encouraging engagement and participation by members.
## **Trustee Zoom meetings**
LPUK Trustee meetings have continued to take place online, as it provided a convenient way for the board of trustees to meet regularly to introduce and progress a number of important projects. This method of working is proving to be exceptionally efficient in terms of time and finances and will continue for the foreseeable.
## **Membership database**
Our updated membership database has continued to attract new members and the information obtained is useful to determine demographics within LPUK and how we can provide support for all.
## **Information booklets**
Developing our information books is an ongoing process and with the help of our members will be a comprehensive guide to a number of different aspects to support out members.
## **Training**
Trustees have complete online training through High Speed Training, focusing on Data Protection, Safeguarding and Mental Wellbeing, developing skills in all these areas to ensure we can offer appropriate support, whilst also being able to signpost other professional bodies if necessary.
3
Little People UK TRUSTEES’ ANNUAL REPORT continued… for the year ended 31 May 2024
## **Networking and collaborations**
We have continued our relationship with Peterborough Physical Disability Partnership Board being involved in conversations regarding Hate Crime and making the physical surroundings more suitable for people with a wide range of disabilities including dwarfism. We have continued our connection with Cambridgeshire and MET Police to discuss how they can support our members in terms of Hate Crime, inviting representatives to attend our event, in connection to this we have had meetings with the UK’s Disabilities Minister in Westminster to raise the profile of the issues people with dwarfism face to the government. We attended the Senedd in Wales during Dwarfism Awareness Month to hold a presentation raising awareness around dwarfism and LPUK, making connections during the session which we have developed further such as arranging to hold a seminar focused on Hate Crime and dwarfism for Victim Support Wales, informing people around dwarfism for Driving Mobility and advising Urban Circle on their disability access for their upcoming festival. We have also formed a partnership with RNIB to collaborate on a workshop around dwarfism and sight loss. Naidex was reintroduced to our network this year, where we attended the two day event and made connections with a number of organisations which we hope to work with in the future to offer more guidance and support to our members.
## **Fundraising**
Our funding still comes solely from members, in the last 12 months we have worked hard to promote the need for fundraising and encourage members to take on opportunities, providing ideas and support, whilst also sharing those undertaking activities. We have also made a concerted effort to make more funding applications to a variety of organisations which can support a number of our projects in different ways.
## **Sam Davis**
Sadly in March of 2024 one of our co-founders, Samantha Davis, passed away, this had a huge impact on our activities for a few months, as we gave our members and committee time to grieve and come to terms with the devastation. After this, Sam’s family setup a fund ‘Sammy’s Helping Hands’ in her honour, to allow members, supporters, friends and family to donate, this fund has been designated for the purpose of supporting our younger members, by way of providing funding for clothing alterations, school equipment, attending events and educational trips. The spending of this fund will be overseen by the family, alongside representatives from the trustee board.
## **Plans for the future**
In the next 12 months we will be holding the aforementioned Hate Crime seminar, RNIB workshop, PD Net and Driving Mobility conference presentations, with the hope of adding to these. Developing a sustainable and diverse funding base still remains a key priority, with an annual business plan and budget forecast. Updating of our website remains a key objective for the next 12 months to raise our profile and bring in funding opportunities. We will continue developing plans for regional meetings to allow greater support more locally for our members, whilst also continuing our annual events. Further to this we will improve awareness of dwarfism within the wider community, along with our plans to work collaboratively with other dwarfism and disability charities, to support each other through projects and development into the future.
4
TRUSTEES’ ANNUAL REPORT continued… for the year ended 31 May 2024
## Little People UK
## **Trustees’ responsibilities statement**
The trustees (who are also the directors of Little People UK for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on ……………………………….. and signed on their behalf by: 30 September 2024
## **Stuart Walker, Treasurer**
5
## Little People UK
## INDEPENDENT EXAMINER’S REPORT
for the year ended 31 May 2024
## **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 2024.
## **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 other 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: 30 September 2024
Alistair Main FCA Duncan and Toplis Limited Enterprise Way Pinchbeck Spalding Lincolnshire PE11 3YR
6
## LITTLE PEOPLE UK
## STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 May 2024
|||||||2024|2023|
|---|---|---|---|---|---|---|---|
|||Unrestricted||||Total funds|Total funds|
|||funds||Restricted fund||||
|||£||£||£|£|
|**INCOME AND ENDOWMENTS FROM**||||||||
|Donations and legacies|2|23,440||33,795||57,235|23,358|
|Charitable activities|3|26,879|||-|26,879|26,210|
|Other trading activities|4|1,195|||-|1,195|603|
|Investment income|5|1,066|||-|1,066|486|
|Other income|6||-||-|-|819|
|||52,580||33,795||86,375|51,476|
|**EXPENDITURE ON**||||||||
|Raising funds||1,357|||-|1,357|125|
|Charitable activities 7||59,928|||-|59,928|74,682|
|Other||5,744|||-|5,744|5,547|
|**Total**||67,029|||-|67,029|80,354|
|**NET (EXPENDITURE)**||(14,449)||33,795||19,346|(28,878)|
|**RECONCILIATION OF FUNDS**||||||||
|**Total funds brought forward**||71,247|||-|71,247|100,125|
|**TOTAL FUNDS CARRIED FORWARD**||56,798||33,795||90,593|71,247|
All income and expenditure derive from continuing activities.
7
## LITTLE PEOPLE UK BALANCE SHEET at 31 May 2024
|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
Restricted funds
**Total funds**|£
2,652
90,303
(2,362)
|2024
£
92,955
90,593
90,593
56,798
33,795
90,593|£
3,629
69,283
(1,655)
|2023
£
72,912
71,247
71,247
71,247
-
71,247|
|---|---|---|---|---|
30 September 2024 The financial statements were approved and authorised for issue by the Trustees on ………………………………. and signed on their behalf, by:
## **Stuart Walker, Treasurer**
The notes on pages 9 to 14 form part of these financial statements.
8
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 May 2024
## 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.
## **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.
9
LITTLE PEOPLE UK NOTES TO THE FINANCIAL STATEMENTS continued For the year ended 31 May 2024
## **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 only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **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.
10
NOTES TO THE FINANCIAL STATEMENTS continued For the year ended 31 May 2024
## 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**
|Unrestricted funds Restricted fund
£ £
Fundraiser 19,320 -
Donations4,120 33,795
23,440 33,795
**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|2024
£
19,320
37,915
57,235
2024
£
20,446
4,725
1,190
-
518
26,879
2024
£
1,195
1,195
2024
£
1,066
1,066|2023
£
18,142
5,216
23,358
2023
£
22,195
2,885
490
-
640
26,210
2023
£
603
603
2023
£
486
486|2023
£
18,142
5,216
23,358
2023
£
22,195
2,885
490
-
640
26,210
2023
£
603
603
2023
£
486
486|
|---|---|---|---|
||||2023
£
603|
||||603|
||||2023
£
486|
||||486|
11
NOTES TO THE FINANCIAL STATEMENTS continued… For the year ended 31 May 2024
## LITTLE PEOPLE UK
## **6. OTHER INCOME**
|2024
£
Sundry income
-
-
**7.**
**EXPENDITURE**
Direct costs Support costs
(See note 8)
£
£
Raising funds
1,357
-
Charitable activities
59,928
-
Other
1,596
4,148
62,881
4,148
**8.**
**SUPPORT COSTS**
Other
Governance
costs
£
£
Meeting expenses
319
-
Postage and stationery
Telephone
199
187
-
-
Insurance
-
433
Sundry
1,385
-
Accountancy and professional fees
-
1,625
2,090
2,058
**9.**
**STAFF COSTS**
Staff costs were as follows:
2024
2023
£
_£_
Wages
21,514
18,354
Social Security
-
3,243
Pension
419
462
21,933 22,059||2023
£
819
819
Totals
£
1,357
59,928
5,744|
|---|---|---|
|||67,029|
|||Totals
£
319
199
187
433
1,385
1,625
4,148|
12
NOTES TO THE FINANCIAL STATEMENTS continued… For the year ended 31 May 2024
## LITTLE PEOPLE UK
The average monthly number of employees during the year as follows:
|**2024**|2023|
|---|---|
|**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 (2023 - £Nil).
The total amount of employee benefits received by key management personnel is £22,859 (2023 - £22,059). The Charity consider its key management personnel comprise the Trustees as named on page 1 and the Charity's administrator.
During the year, eight Trustees received reimbursement expenses of £1,131 (2023 – eight trustees received reimbursement expenses of £1,074).
## **11. CREDITORS:**
## **AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Accruals and deferred income
Other creditors
Payee & NIC Creditor
Net wages
Total||**2024**
£
1,150
92
1,120
-
2,362|2023
£
1,080
165
420
-
1,665|
|---|---|---|---|
|||||
## **12. STATEMENT OF FUNDS**
|**Brought**
**forward**
£
**UNRESTRICTED FUNDS**
General fund
71,247
**RESTRICTED FUNDS**
Sammy Davis fund -
Text|**Income**
**Expenditure**
£
£
57,519
(71,968)
33,795 -|**Carried**
**forward**
£
56,798
33,795|**Carried**
**forward**
£
56,798
33,795|
|---|---|---|---|
||||33,795|
## **Sammy Davis Fund**
The restricted funds are in relation to the passing of the founder Sammy Davis.
This Fund will be known as Sammys Helping Hands and will be used exclusively for the yuounger Members to provide professional alteration of School Clothing and sports kit. Also funding for School Trips and events.
13
NOTES TO THE FINANCIAL STATEMENTS
## LITTLE PEOPLE UK
For the year ended 31 May 2024
## **13. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**Unrestricted**
**Restricted**
**funds**
**funds**
Net current assets
56,798
33,795
Total
56,798
33,795|**2024**
**£**
90,593
90,593|**2023**
**£**
71,247
71,247|
|---|---|---|
## **14. RELATED PARTY TRANSACTIONS**
There were no related party transactions in the year.
14
## LITTLE PEOPLE UK
## DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 May 2024
|2024
Unrestricted
funds
Restricted fund
Total funds
£
£
£
INCOME AND ENDOWMENTS FROM
_Donations and legacies_
Fundraiser
19,320
-
19,320
Auction sales
-
-
-
Donations
4,120
33,795 37,915
23,440
33,795
57,235
_Charitable activities_
Convention fees
20,446
-
20,446
LPUK birthday party
4,725
- 4,725
Membership fees
1,190
-
1,190
Events
-
-
-
Loan scheme
518
-
518
26,879
-
26,879
_Other trading activities_
Sales of merchandise 1,195
-
1,195
_Investment income:_
Interest received
1,066
-
1,066
_Other incoming resources_
-
- -
TOTAL RECEIPTS
52,580
33,795
86,375
PAYMENTS
_Raising funds_
Merchandise 380
-
380
Stock movement977
-
977
1,357 -1,357
_Charitable activities:_
Convention expenses
32,644
-
32,644
Event costs
-
- -
Advertising and marketing
-
-
-
Hotel expenses
-
-
-
Mileage
453
-
453
Wages
21,514
-
21,514
Social Security
-
- -
Birthday Party
4,082
- 4,082
Loan scheme - - -
Pension (Nest) 419 - 419
Fundraising Costs
816
- 816
266
Web Hosting
-
- -
59,928
-
59,928|
|
|
|---|---|---|
||
||
|||
|
15
## LITTLE PEOPLE UK
DETAILED STATEMENT OF FINANCIAL ACTIVITIES continued… for the year ended 31 May 2024
|2024
Unrestricted
funds
Restricted fund
Total funds
£
£
£
_Other costs_
Postage printing and stationery 295 - 295
Meeting expenses 319 - 319
Insurance 433 - 433
Data protection - - -
Telephone 187 -
187
Justgiving - -
-
Sundry 1,385 -
1,385
Accountancy and professional fees 1,625 - 1,625
Web Cost 1,440 - 1,440
Training - - -
Checks61-
61
5,744 -
5,744
TOTAL PAYMENTS67,029-
67,029
EXCESS PAYMENTS OVER RECEIPTS(14,449)33,795
19,346|2023
Total funds
£
147
882
593
-
138
-
1,148
1,080
1,4440
-
119
5,547
80,354
(28,878)|
|---|---|
16