OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Registered number: 09626673 Charity number: 1163423

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Chairman's Statement 2
Trustees' Report 3 - 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 - 21

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees Jane Whitfield, Chair of Trustees
Clive Doubleday
Sandra Boreham
Cheryl Summers
Ruth Doubleday (appointed 14 March 2025)
Company registered
number
09626673
Charity registered
number
1163423
Registered office
PO Box 171
Bourne
PE10 1FB
Company secretary
Ruth Doubleday
Chief executive officer
Tim Doubleday

Page 1

SMILE INTERNATIONAL IA Company Limlted by Guarantee) CHAIRPERSON'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 The chairperson presents their slalement for the year. l am pleased lo inlrodu¢e the Trustees Report with the Financial Statsmenls for 2024125. Our m8in areas of activity are represented by the acronym FEED.. F eeding E ducating E rnpowering D eveloping Smile Inlem8tional is passionate aboul helping lo relFeve Suffering and poverty around the world through our FEED programmes - Feeding, EdLtcating. Empowering and Dev8loping, as well 2s our Child and Widow Sponsorship programmes. We are dedicated to givirvJ ho￿ lo those in need ano providii)g ￿O￿le w.; opportunity to develop emotionally. phy3ically. socially and Spiritually. In UGANDA, we provide children with an edu¢8tion lo help them escape the cydg of povety through our Child Sponsorship programme. We also focus on empowerin9 individuals and help Ihem to become self-su(ficieTrl IhroLigh oltr Empowering programme. so they can earn a living and support their families. In ZIMBABWE, through our Feeding piogramme. we provide a meal for many children each school day. As well as feeding children, we a150 providg IDod parcels for widow3 and pastors every month. Ovei the years. Ihrough our Developing progiamm&, we have been abl8 to build n8w classrooms, toilet blocks, kitchen shelters and church buildings. as well as waler Sup￿leS lo pmide fresh water. In KOSOVO. we have previously supported war widows and Ihair families and provided palliativg car8 lo cancer pat￿nIs. Vve provided free medical assistance as well as medicines for pain relief. We still have our own purpose-built Smile Centre, whlch accommodates guests and hosts conferen¢es. We thank God for the prtvilege il is to seNe HIM and HIS peopl8 and for the wonderful way He has conllnued lo hèlp us cafe lor many slnjggling children and families across the wodd during this past year. We are so grateful for the generosity and encouragemenl of oui supporters. which has enabled u5 to maintain and develop oui corg 8ctivilies. Jane Wh5tflèld Chalr Of Trustees Date.. 14 August 2025 Page 2

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report together with the financial statements of the Charity for the year 1 April 2024 to 31 March 2025. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company'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).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

Policies and objectives

• To transform whole lives; body and soul, of the most vulnerable people who have been damaged by war, poverty, illness and natural disaster

• To work in effective partnerships to make a real difference to those in need

• To be an organisation where every person and gift of time, money or goods is used to best effect and which exercises good stewardship of resources

• To keep our supporters informed about activities

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Page 3

SMILE INTERNATIONAL (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

Activities undertaken to achieve objectives

Income

Overall income was £143,287 in 2024/25.

Expenditure

Expenditure was £115,095.

We endeavoured to maintain the proportion of expenditure going to charitable activities at more than 75% of our total expenditure. This year the percentage was 92.4% (2024 - 87.1%).

Child Sponsorship

Our Child Sponsorship programme has continued with the children benefitting from receiving an education to help them escape the cycle of poverty. When a person sponsors a child, for just £30 per month, it changes their life but what we often forget, is that it changes ours too. Child Sponsorship actively turns tears into smiles and helps give a child the support they need to grow and change their lives. Each child is the future of their country, and we are passionate in serving these children so that they can reach their God-given potential.

Widow Sponsorship

It has always been at the heart of what Smile International has done, to care for and look after widows in their time of need. We truly believe that God holds widows close to His heart and this is what drives us to help support, care for and turn their tears into smiles. We feel so passionate about being their support that we have a Sponsor a Widow programme, where people can regularly sponsor a widow for just £25 a month and become their friend from afar. The help they receive from Smile International means they know that someone cares for them, cares about their challenging situation and cares enough to help them through it.

Our work overseas

UGANDA

Many children would love to attend school and learn in order to make a difference to their lives, but very often they are faced with the debilitating despair of progressing into the cycle of poverty. It is such a privilege to have the opportunity of an education, and we do not want children to miss out on that privilege just because they are poor. In Uganda we have a Child Sponsorship programme where we provide school fees, and other necessities for children, in order that they can attend school and stand a real chance in achieving their dreams.

We are also passionate about empowering those who dream to become self-sufficient, and we provide this opportunity through our micro-financing programmes. It is all about how to make a small business sustainable which will therefore generate income for the future.

ZIMBABWE

We are passionate about feeding the hungry in Zimbabwe each school day. These children are from very deprived families who struggle to survive, which means many children often arrive at school extremely hungry. Some of the children we work with are child-headed families and so do not have any parents or older family members to look after them. We provide food and practical support to these children to ensure that they do not go hungry. As well as feeding children, we also provide food parcels for widows and pastors regularly. As a result of Smile's help, local communities have been considerably transformed, through our development work of building a cookhouse and feeding shelter, as well as classrooms, which empowers the local community.

Page 4

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

KOSOVO

In 2011 we set out with a plan to start a palliative care programme in Kosovo to provide professional end of life care for terminally ill patients. Our aim was to support the care of seriously ill and dying patients in their homes, bringing comfort and dignity to people and help them live life to the full, for whatever time they had left. Since then, we have trained over 3,200 doctors and nurses in end-of-life care. We have completed over 21,500 homecare visits and have treated thousands of patients. We have therefore accomplished our mission which we set out to achieve in 2011 and will therefore no longer be running our palliative care project in Kosovo. We have felt privileged to serve the people of Kosovo during the past decade with this project and are pleased that the government of Kosovo is now helping to provide healthcare for cancer patients. We still have our Smile Centre there which can accommodate guests and host conferences throughout the year.

Main activities undertaken to further the Charity's purposes for the public benefit

The Trustees are mindful of the Charity Commission's guidance on reporting on public benefit when reviewing our aims and objectives and planning our activities. Smile International work with some of the poorest people around the world providing food, education, spiritual and medical care to those in need, irrespective of their race, faith or nationality, and have ensured that the activities undertaken contribute to the aims and objectives of the charity. In addition, by putting to good use items that would otherwise go to waste, the charity has a positive impact on the environment. The Trustees are therefore confident that Smile International meets the public benefit requirements.

Achievements and performance

Financial review

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

Reserves policy

The Trustees continued to review the appropriate level of reserves required annually. The main purpose of our reserves is:

• To enable us to react to challenges when they arise.

In practice this means aiming to have at least £500 kept in our reserves. The trustees can confirm that this target amount has been met for this financial year.

Reserves of the charity fall into two types:

Restricted funds

These are funds where a donor has stipulated how their donation is to be spent. In most cases there will be a time difference between when such funds are received and when they are spent. In particular, there may be a need for immediate relief work, followed by longer-term rehabilitation and development projects, resulting in part of the restricted appeal monies being expended over a number of years. Sometimes it takes time to raise sufficient funds to be able to start a project so there may also be a delay in making expenditure.

Page 5

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted funds

These are funds where there is no stipulation from the donor as to how the donation may be spent. Within certain operating needs, the Trustees' policy is to ensure that all funds are expended as soon as possible, in order to fulfil the purpose of the donations, while guaranteeing these resources are used effectively. Not only does this achieve the goals of the charity to help those in need, but this also means that we can give speedy feedback to donors, which helps inspire confidence in our work and motivates donors to continue their support.

Company status

In 2017, Smile International upgraded its status to that of a limited company whilst keeping its registered charitable status.

Smile International is a company limited by guarantee, registered in England and Wales. Company registered number 9626673. Registered Charity Number 1163423. Smile International is also registered with the Fundraising Regulator.

As a limited company and registered charity, our accounts are independently reviewed and the accounts will be submitted to Companies House.

We also report to the Charity Commission, an independent body that regulates activities of charities in the UK.

Structure, governance and management

Constitution

Smile International is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 06/06/15.

Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

Financial risk management

The Trustees acknowledge their responsibility to undertake a risk assessment of the Charity's work and regularly review all aspects of Smile International's work. Risk management plans are implemented. The Trustees keep this process under regular review. The main risks are financial, and in particular:

We regularly monitor and, where necessary, address these risks.

Plans for future periods

The ongoing main objective for 2025/26 is to continue working towards helping as many people that need our help throughout this next year as well as help to continue to maintain our existing projects. Our aim is also to increase and gain more supporters who can help to support us on our journey throughout the next financial year. The Trustees would like to express their gratitude to all our supporters and donors, big or small, and their deep appreciation to all our staff, volunteers, supporters and partner organisations for their commitment and contribution to the vision and values of Smile International. We continue to trust the Lord as we move forward in faith.

Page 6

SMILE INTERNATIONAL {A Company Limited by Guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Slalement of Trustees. responsibilities The Trustees (who are also the directors of the Char'ly 'or the purposes of company lawl are responsible lor preparing the Trustees, Report and the financial sla:ements in accorllance with applicable law and Ur)Ited Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) Company law requires the Tru8lees lo prepare financial slalemenls lor each financial . Under company law, Ihe TrLJslees musl nDI approve the financial stalemenls unless they are satisfied that ihey give a true and lair view ol the slate of affairs of the Charity and of ils incoffjing resources and application ol resources, including its income and expendilurc, for that period. In preparing these financial slalewenls the Truslees are required lo" select suitable accoLJnling policies and then apply them consislenlly., obsepde the methods and principles of the Charities SORP IFRS 1021". make judgmenls and accounting eslimales Ilial are reasonable and prudellt.. sla'.e whether applicable UK Accounting Standards IFRS 1021 Iidve been followed, subject to any material departures disclosed and explained In Ihe financial statements., prepare the financial slalemenls on the going concern basis unless it Is Inappropnate lo presume thal the Charity will continue In business. The Trustees are responsible for keeping adequate accounting records Ilial arè sullicient lu show and explain the Charity's transactions and disclose with reasonable a¢¢ura¢y al any Iimc the financial pusilion ol the Charity and enable them lo eiisure that the financial slatemenls Comply wilh ttre Cotnpanies Act 2006. Tb.ey are also responsible for safeguarding the assets ol the Charity and hence for taking reasonable steps for the prevenlion and deleLlion of fraud and other Irregularities. Approved by order of the members ol the board ol Trustee5 and signed on their behalf by.. Jane Whiffield Chalr ot Trustees Date.. 14 August 2025 Page 7

SMILE INTERNATIONAL IA Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examiner's Report to the Truste•s of Smile International I'the Charity'l I report lo the charity Trustees on my examination of the a¢￿unt$ of Ihe Charity foi the year ended 31 March 2025. R¢$ponsibilities and Basis of Report As the Trustees of the Charity {and its directo¥s for th$ purposes of company lawl you are responsible for the preparab'on of the accounts in accordance with the requirements of the Companies Act 20061.the 2006 Act'l. Having satisfied mysew that the accounts of the Charity are not Tequired lo be audited under Part 16 of the 2006 Act and are eligible for indopendent examination, I report in respect of my examination of the Charitys accoLJnts carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In cairying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 A¢t. Independent Examinerfs Statement I have completed my examination. I confirm that no matters have come to my attention in ¢onne¢lion with the examination giving me cause to believe.. accounting rgwrds were not kept in respect of the Charity as required by section 386 of the 2006 Act,. or the accounts do not accord with those records,. or the a¢¢ounls do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their 8¢¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ ol Ireland IFRS 10211. I have no ¢tsn¢erns and have corne across no other matters in connection wilh Ihe examination lo which attention should be drawn in this report in order to enable a proper understanding of thé accoLJnts to bè rga¢hed. Signed.. Dated.. 26 August 2025 FCA Stephen M Fryer Hedley Dunk Limlted Accountants Page 8

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

Note
Income from:
Donations and legacies
3
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
4
Total expenditure
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2025
£
140,329
-
140,329
8,709
103,428
112,137
90,726
28,192
118,918		 Restricted
funds
2025
£
2,958
-
2,958
-
2,958
2,958
-
-
-		 Total
funds
2025
£
143,287
-
143,287
8,709
106,386
115,095
90,726
28,192
118,918		 Total
funds
2024
£
139,299
-
139,299
22,769
153,246
176,015
127,442
(36,716)
90,726

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 21 form part of these financial statements.

Page 9

SMILE INTERNATIONAL IA Company Limited by Guarantee) REGISTERED NUMBER." 09626673 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible assets 246.882 252.864 246,882 252,864 Current assets Debtors 4.213 9.247 5.549 646 Cash at bank and in hand 13,460 6.195 Creditors. amounts falling due within one year 1141,4241 1168.3331 Net current Ilabilities 1127,9641 1162.1381 Total assets less currènt liabilities 118.918 90,726 Total net assets 118,918 90,726 Charity funds ResliiGled funds Unreslricled fund5 12 12 118.918 90.726 Total funds 118,918 90.726 The Charity was entitled to exemption from audit under section 477 of the Comp8nie% Act 2006. The members have not required the company lo obtain an audit for the year In question In accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for ¢offjplsqng with the requirements of the Act with respect lo accounting records and preparation of financial slalemenls. The financial statements have bèen prepared in ac¢ordan¢e with the provisions applicable 10 entities subject lo the small companies regime. The financial slalemenls were approved and 8ulhorised for issue by the TrLJslees and signed on Iheir beh811 by.. Jane Whiffield Chair of Trustees Date.. 14 Auqusl 2025 The notes on pages 11 to 21 form part of these financial slatemenl5. Page 10

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. General information

Smile International is a private limited company by guarantee registered in the UK. It is also a registered charity in the UK, with its operations and principal activities disclosed in the Trustees' Report. The principal place of business is the same as the registered address.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Smile International meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The financial statements are prepared on a going concern basis. After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate current reserves and future sources of income to continue in operational existence for at least twelve months following the approval of these financial statements.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Page 11

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.4 Expenditure (continued)

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Freehold property - 2% straight line
Fixtures and fittings - 25% reducing balance
Office equipment - 25% reducing balance

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 12

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.10 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.

2.11 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.12 Fund accounting

General funds are unrestricted funds which 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.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

3. Income from donations and legacies

Donations
Legacies
Total 2024		 Unrestricted
funds
2025
£
110,734
29,595
140,329
136,644		 Restricted
funds
2025
£
2,958
-
2,958
2,655		 Total
funds
2025
£
113,692
29,595
143,287
139,299		 Total
funds
2024
£
133,855
5,444
139,299

Page 13

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

4. Analysis of expenditure on charitable activities

Summary by fund type

Projects
Total 2024		 Unrestricted
funds
2025
£
103,428
150,591		 Restricted
funds
2025
£
2,958
2,655		 Total
2025
£
106,386
153,246		 Total
2024
£
153,246

5. Analysis of expenditure by activities

Projects
Total 2024		 Activities
undertaken
directly
2025
£
54,026
37,221		 Support
costs
2025
£
52,360
116,025		 Total
funds
2025
£
106,386
153,246		 Total
funds
2024
£
153,246

Page 14

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

5. Analysis of expenditure by activities (continued)

Analysis of direct costs

Projects
Sponsorship
Travel
Rent & Rates
Light & Heat
Insurance
Printing, postage & stationery
Computer costs
General expenses
Bank charges
Telephone
Total 2024		 Projects
2025
£
21,557
11,704
5,438
635
786
900
2,017
2,446
4,424
1,199
2,920
54,026
37,221		 Total
funds
2025
£
21,557
11,704
5,438
635
786
900
2,017
2,446
4,424
1,199
2,920
54,026
37,221		 Total
funds
2024
£
25,592
11,629
-
-
-
-
-
-
-
-
-
37,221

Page 15

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

5. Analysis of expenditure by activities (continued)

Analysis of support costs

Projects
2025
£
Staff costs
20,629
Depreciation
5,982
Travel
-
Advertising
4,522
Rent & Rates
3,696
Insurance
1,235
Printing, postage & stationery
2,765
Computer costs
2,138
Legal & Professional
6,523
General expenses
-
Bank charges
182
Telephone
1,088
Accountancy costs
3,600
52,360
Total 2024
116,025
6.
Independent examiner's remuneration
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts
Fees payable to the Charity's independent examiner in respect of:
All other services not included above		 Total
funds
2025
£
20,629
5,982
-
4,522
3,696
1,235
2,765
2,138
6,523
-
182
1,088
3,600
52,360
116,025
2025
£
2,000
1,600		 Total
funds
2024
£
51,621
6,027
4,393
11,127
6,215
1,468
5,386
5,593
10,695
1,815
4,605
3,741
3,339
116,025
2024
£
2,000
1,339

Page 16

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

7. Staff costs

2025
£
Wages and salaries
28,856
Social security costs
-
Contribution to defined contribution pension schemes
482
29,338
The average number of persons employed by the Charity during the year was as follows:
2025
No.
Staff
2		 2024
£
70,534
1,603
1,607
73,744
2024
No.
3

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

8. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).

Page 17

(A Company Limited by Guarantee)

SMILE INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

9. Tangible fixed assets

Cost or valuation
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Freehold
property
£
287,100
287,100
35,090
5,742
40,832
246,268
252,010		 Fixtures and
fittings
£
420
420
345
19
364
56
75		 Office
equipment
£
4,374
4,374
3,595
221
3,816
558
779		 Total
£
291,894
291,894
39,030
5,982
45,012
246,882
252,864

10. Debtors

Due within one year
Other debtors
Prepayments and accrued income
11.
Creditors: Amounts falling due within one year
Other loans
Other taxation and social security
Pension fund loan payable
Other creditors
Accruals and deferred income		 2025
£
2,466
1,747
4,213
2025
£
-
-
74
136,915
4,435
141,424		 2024
£
3,386
2,163
5,549
2024
£
14,000
2,502
312
144,828
6,691
168,333

Page 18

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

12. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds - all funds
Restricted funds
Feeding
Educating
Empowering
Total of funds
Statement of funds - prior year
Unrestricted funds
General Funds - all funds
Restricted funds
Feeding
Educating
Empowering
Total of funds		 Balance at 1
April 2024
£
90,726
-
-
-
-
90,726
Balance at
1 April 2023
£
127,442
-
-
-
-
127,442		 Income
£
140,329
2,610
100
248
2,958
143,287
Income
£
136,644
2,307
100
248
2,655
139,299		 Expenditure
£
(112,137)
(2,610)
(100)
(248)
(2,958)
(115,095)
Expenditure
£
(173,360)
(2,307)
(100)
(248)
(2,655)
(176,015)		 Balance at
31 March
2025
£
118,918
-
-
-
-
118,918
Balance at
31 March
2024
£
90,726
-
-
-
-
90,726

Page 19

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

13. Summary of funds

Summary of funds - current year

General funds
Restricted funds
Summary of funds - prior year
General funds
Restricted funds		 Balance at 1
April 2024
£
90,726
-
90,726
Balance at
1 April 2023
£
127,442
-
127,442		 Income
£
140,329
2,958
143,287
Income
£
136,644
2,655
139,299		 Expenditure
£
(112,137)
(2,958)
(115,095)
Expenditure
£
(173,360)
(2,655)
(176,015)		 Balance at
31 March
2025
£
118,918
-
118,918
Balance at
31 March
2024
£
90,726
-
90,726

14. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2025
£
246,882
13,460
(141,424)
118,918		 Total
funds
2025
£
246,882
13,460
(141,424)
118,918

Page 20

SMILE INTERNATIONAL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
252,864
6,195
(168,333)
90,726		 Total
funds
2024
£
252,864
6,195
(168,333)
90,726

15. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £482 (2024 - £1,607) Contributions totalling £74 (2024 - £312) were payable to the fund at the balance sheet date and are included in creditors.

16. Operating lease commitments

The Charity had no commitments under non-cancellable operating leases at 31 March 2025.

17. Related party transactions

The son and daughter of two Trustees are employed by the charity. They received total remuneration for their services to the charity of £28,548. In the prior year, the son, daughter and spouse of a Trustee were employed by the charity and received total remuneration of £69,334. These amounts are included in staff costs. The spouse is no longer an employee and has been appointed as a Trustee, for which no remuneration is received.

Donations received during the year from Trustees and close family members amounted to £6,021 (2024 - £17,537) and are included in income from donations.

Amounts owed to Trustees at the balance sheet date amount to £Nil (2024 - £4,000) and are included in other loans.

Page 21