## **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**
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3
4
5
6
7
8
9
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12
13
14
15
16
17
18
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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||||
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– 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