Trustees’ annual report (including Directors’ report) for the period
From: 02/04/20 To:01/04/21
Charity name: Small Change
Charity registration number: 1163329
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To help improve the lives of children under 21 throughout the world by supporting independent projects |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
To make grants to support independent projects |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees follow the guidance issued by the Charity Commission |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Full policies have been created and reviewed and are followed prior to making grants |
| Policy on social investment including program related investment |
Para 1.38 | Not applicable |
| Contribution made by volunteers |
Para 1.38 | Small Change does not currently receive contribution from volunteers |
Other
Achievements and performance
Small Change have held meetings to discuss fundraising ideas and methods to find new schemes to support Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Small Change is continuing to build this slowly and look at new methods of fundraising and providing support |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Performance is yet to be assessed as this takes place 1 year after grant |
| Investment performance against objectives |
Para 1.41 | Not applicable |
| Other |
Financial review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | A grant of £1500 was paid to Odijo foundation. Final balance of £290 remains at end of the year |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The reserves are held until a project can be found to support |
| Amount of reserves held | Para 1.22 | £290 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Previous public donations. Company donation of £115. No fundraising took place in this financial year. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | N/A |
| Other |
Structure, governance and management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | Constitution |
| How is the charity constituted? for example limited company, unincorporated association, CIO |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Application and acceptance |
|---|---|---|
Additional information (optional) You may choose to include further statements where relevant about:
Para 1.51 Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Other
Reference and administrative details
| Charity name | Small Change |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1163329 |
| Charity’s principal address | Registered Address: 1 St Saviours Wharf, Mill Street, London, SE1 2BE Operating address: Oak House, 1 Oak Farm Drive, Milcombe, OX15 4GA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Katy Hofstede- Smith |
Secretary | |||
| Adam Smith | ||||
| Ann Hofstede | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
Signature(s) Full name(s) Katy Hofstede-Smith Position (for example Secretary Secretary, Chair, etc) Date 22/03/22
| Small Change | Small Change | Small Change | No 1163329 |
|---|---|---|---|
| Receipts andpayments accounts | |||
| For the period from |
02/04/2020 | To | 01/04/2021 |
For the period 02/04/2020 01/04/2021 To from
CC16a
Section A Receipts and payments
| Unrestricted funds |
Restricted funds | Endowment funds |
Total funds | Last year | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| to the nearest | £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | ||||||||||
| Balance carried forward | 1,705 | - | - | 1,705 | - | |||||
| donation - Maara Dec 21 | 115 | - | - | 115 | - | |||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| Sub total(Gross income for AR) | 1,820 | - | - | 1,820 | - | |||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|---|
Balance carried forward |
1,705 | - | - | 1,705 | - | ||||
| donation - Maara Dec 21 | 115 | - | - | 115 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) | 1,820 | - | - | 1,820 | - | ||||
| A2 Asset and investment sales, (see table). |
- - - 1,820 |
- - - - |
- - - - |
- - - 1,820 |
|||||
| - | |||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| - | |||||||||
Odijo Foundation |
1,500 | - | - | 1,500 | - | ||||
| Payment charge | 30 | - | - | 30 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 1,530 | - | - | 1,530 | - | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | |||||||||
| - | |||||||||
| **Sub total ** | - | - | |||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||||
| - | |||||||||
| 290 | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| 290 | - |
CCXX R1 accounts (SS)
22/03/2022
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Money in bank account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 290 - - - - - 290 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name K HOFSTEDE-SMITH |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval | |||
| K HOFSTEDE-SMITH | 22/03/2022 | ||
CCXX R2 accounts (SS)
22/03/2022
2