DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
**Charity number: 1178546**
## **SMALL ACTS OF KINDNESS TRUST**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2023**
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 5|
|**Independent examiner's report**|6|
|**Statement of financial activities**|7|
|**Balance sheet**|8|
|**Notes to the financial statements**|9 - 17|
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
**REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023**
**Trustees** Mrs A Mann Mr C H Hamill Mrs H Pandya Mr H B Morgan **Charity registered number** 1178546 **Principal office** 3rd Floor 207 Regent Street London W1B 3HH **Accountants** Hillier Hopkins LLP Chartered Accountants Radius House 51 Clarendon Road Watford Hertfordshire WD17 1HP
Page 1
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2023**
The Trustees present their annual report together with the financial statements of the Small Acts of Kindness Trust for the year 1 January 2023 to 31 December 2023.
## **Objectives and activities**
## **a. Policies and objectives**
The objective of Small Acts of Kindness Trust is to find ways to prevent and alleviate loneliness and social isolation among older and vulnerable people in the communities we serve – particularly those who are cold in their homes. By doing so, we enable people to remain as independent and healthy as possible and can change their lives. Our work is made possible by the generosity and support of our partners and funders including statutory organisations, trusts and foundations, businesses, County and local councils and individuals.
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)'.
## **b. Strategies for achieving objectives**
We work in partnership with over 150 organisations from the voluntary, corporate and statutory sectors and over 450 community volunteers. With their assistance, we source, pack and distribute practical gift bags and helpful information packs that can reduce the negative impact of loneliness and isolation on the physical and mental wellbeing of older and vulnerable people particularly those who are cold in their homes.
## **c. Activities undertaken to achieve objectives**
Our primary activity to achieve our objectives is sourcing, packing and distributing practical gift bags and helpful information packs to our recipients. Additionally, we engage local people to create opportunities for these gifts to be the catalyst for building new social connections within communities.
## **d. Main activities undertaken to further the Charity's purposes for the public benefit**
We currently run two main projects - distributed free to older people throughout Hertfordshire and Bedfordshire:
1. Warm in Winter gift bags containing: a fleece blanket, thermal hat, gloves, socks, a mug, soup, porridge and hot drinks.
- 2 Celebrate Christmas gift boxes containing: a Christmas card and a selection of gifts which are distributed to older people who would otherwise be alone over the Christmas period.
Gift bags also contain a comprehensive pack of information about services and activities for older and vulnerable people.
The Charity also undertakes other projects which in the view of the Trustees fit with our aims and objectives. Examples of these include the partnership working projects noted below under Main Achievements of the Charity.
Page 2
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Achievements and performance**
## **a. Main achievements of the Charity**
Since the Charity began its work eight years ago, we have reached over 105,000 older and vulnerable people identified as being cold in their home. Recipients of Warm in Winter gift bags tell us that they:
1. Are warmer in their homes with the associated reduced risk of cold related illness or seasonal death.
2. Feel less lonely and isolated.
3. Have increased feelings of wellbeing.
4. Are better connected within their communities
The wider achievements of our work include:
1. Increased social connections between older people and other people within their communities
2. Signposting older and vulnerable people to available support
3. Enabling older people and vulnerable to feel empowered to take responsibility to make a difference within their communities
4. Raising awareness of and engagement in activities and services within communities for older and vulnerable people
5. Identifying hard to reach, often hidden older people to receive Small Acts of Kindness gift bags thus providing an intervention to those not engaging with other organisations
6. Bringing together community volunteers to create stronger, better connected communities
During the year ended 31 December 2023, our achievements in the year were as follows –
1. Over 21,500 volunteer hours spent packing
2. Over 15,000 older and vulnerable people reached
3. 12,000 Warm in Winter gift bags
4. 14,500 Purple Pages Information Packs
5. 2,500 Bags of Kindness
6. 500 Christmas gift boxes
7. 2,000 other Christmas gifts
8. 16,000 Small Acts of Kindness Activity Books
The Trustees believe that the Charity continues to help some of the most vulnerable and older people in our communities across Hertfordshire and Bedfordshire when they need it most.
## **b. Fundraising activities and income generation**
The work of the Charity has been supported throughout the year by individuals, trusts and foundations, companies, local and County Councils. The Trustees are very grateful to them all for sharing our commitment. In particular, the Trustees and grateful for support from the following organisations:
- Better Business Community Network
- CoOp
- McCarthy Stone Foundation
- The National Lottery Cost of Living Fund
- Postcode Places Trust
- Worshipful Company of Grocers
Page 3
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Financial review**
## **a. 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.
## **b. Reserves policy**
The unrestricted general funds, £71,974, or reserves, are the funds that are freely available to be used for the charity’s purposes. Reserves exclude restricted funds. The Trustees will continue to review the level of reserves appropriate to the charity.
## **Structure, governance and management**
## **a. Constitution**
Small Acts of Kindness Trust is a registered charity, number 1178546, and is constituted under a Trust deed.
## **b. 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 Trust deed.
## **c. Financial 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 exposure to the major risks.
## **Plans for future periods**
The Trustees continue to plan for further expansion of the Charity's work as they have successfully done in each of the 9 years of our existence. Our aim remains to broaden our reach across Hertfordshire, Bedfordshire and (subject to growth in funding) to expand further to other counties in the UK. Looking ahead, we remain concerned about the negative impact that higher costs of living will bring for older and vulnerable people. We remain committed to doing everything that we can to respond to the changing and growing needs of vulnerable people in our communities.
Page 4
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Statement of Trustees' responsibilities**
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 which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate 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.
Approved by order of the members of the board of Trustees and signed on their behalf by:
................................................ **Mr C H Hamill** (Trustee) Date: 26-04-2024 | 12:58 BST
Page 5
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Independent examiner's report to the Trustees of Small Acts of Kindness Trust ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no 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 2011 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.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
26-04-2024 | 14:45 BST Signed: Dated: Alexander Bottom ACA
## **Hillier Hopkins LLP**
Chartered Accountants Radius House 51 Clarendon Road Watford Hertfordshire WD17 1HP
Page 6
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Note**
**Income from:**
Donations and legacies
3
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2023**
**£**
**66,169**
**66,169**
**83,985**
**83,985**
**(17,816)**
**17,816**
**(17,816)**
**-**|**Unrestricted**
**funds**
**2023**
**£**
**189,853**
**189,853**
**173,818**
**173,818**
**16,035**
**55,939**
**16,035**
**71,974**|**Total**
**funds**
**2023**
**£**
**256,022**
**256,022**
**257,803**
**257,803**
**(1,781)**
**73,755**
**(1,781)**
**71,974**|_Total_
_funds_
_2022_
_£_
_218,638_
_218,638_
_225,324_
_225,324_
_(6,686)_
_80,441_
_(6,686)_
_73,755_|
|---|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 17 form part of these financial statements.
Page 7
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **BALANCE SHEET AS AT 31 DECEMBER 2023**
|**Note**
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
8
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Restricted funds
9
Unrestricted funds
9
**Total funds**|**77,782**
**77,782**
**(5,808)**|**2023**
**£**
**71,974**
**71,974**
**71,974**
**-**
**71,974**
**71,974**|_78,773_
_78,773_
_(5,018)_|_2022_
_£_
_73,755_|
|---|---|---|---|---|
|||||_73,755_|
||||||
|||||_73,755_|
|||||_17,816_
_55,939_|
||||||
|||||_73,755_|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................ **Mr C H Hamill** 26-04-2024 | 12:58 BST Date:
The notes on pages 9 to 17 form part of these financial statements.
Page 8
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. General information**
The charity is registered as a Charitable Incorporated Organisation with the Charity Commission in England and Wales. The registered office is shown on the information page of the financial statements.
## **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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Small Acts of Kindness Trust 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 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.
Grants are included in the statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
## **2.3 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.
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.
## **2.4 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 9
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **2. Accounting policies (continued)**
## **2.5 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.
## **2.6 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.
## **2.7 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.
## **2.8 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.
Page 10
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **3. Income from donations and legacies**
|Donations
Grants
_Total 2022_|**Restricted**
**funds**
**2023**
**Unrestricted**
**funds**
**2023**
**£**
**£**
-
68,831
66,169
121,022
66,169
189,853
_92,795_
_125,843_|**Total**
**funds**
**2023**
**£**
**68,831**
**187,191**
**256,022**
_218,638_|_Total_
_funds_
_2022_
_£_
_64,803_
_153,835_|
|---|---|---|---|
||||_218,638_|
|||||
|**4.**
**Analysis of expenditure by activities**
Direct costs - Charitable Activities
_Total 2022_
**Analysis of direct costs**
Costs relating to gift distribution|**Activities**
**undertaken**
**directly**
**2023**
**£**
130,030
_106,852_|**Support**
**costs**
**2023**
**£**
127,773
_118,472_|**Total**
**funds**
**2023**
**£**
**257,803**
_225,324_
**Total**
**funds**
**2023**
**£**
**130,030**|_Total_
_funds_
_2022_
_£_
_225,324_|
|---|---|---|---|---|
|||||_Total_
_funds_
_2022_
_£_
_106,852_|
Page 11
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **4. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Staff costs
Printing, postage and stationery
Insurance
Accountancy
Sundry expenses
Advertising and marketing
Computer expenses
Conferences and events
Subcontractors
Office expenses
Entertaining
Light, power and heating
Rent and service charges|**Total**
**funds**
**2023**
**£**
**77,525**
**1,344**
**4,051**
**3,725**
**2,936**
**1,014**
**3,402**
**1,485**
**17,725**
**633**
**877**
**3,229**
**9,827**
**127,773**|_Total_
_funds_
_2022_
_£_
_57,745_
_1,743_
_2,969_
_4,006_
_2,584_
_1,221_
_2,861_
_243_
_22,200_
_2,319_
_1,428_
_13,646_
_5,507_|
|---|---|---|
|||_118,472_|
## **5. Independent examiner's remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £2,150 ( _2022_ - _£2,000_ ).
## **6. Staff costs**
|Wages and salaries
Social security costs
Contribution to defined contribution pension schemes|**2023**
**£**
**74,584**
**1,213**
**1,728**
**77,525**|_2022_
_£_
_54,719_
_1,691_
_1,335_|
|---|---|---|
||||
|||_57,745_|
Page 12
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **6. Staff costs (continued)**
The average number of persons employed by the Charity during the year was as follows:
||**2023**|_2022_|
|---|---|---|
||**No.**|_No._|
|Employees|**3**|_2_|
No employee received remuneration amounting to more than £60,000 in either year.
Key management personnel remuneration paid during the year amounted to £52,360 (2022: £49,183).
## **7. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2022 - £NIL)_ .
During the year ended 31 December 2023, no Trustee expenses have been incurred _(2022 - £NIL)_ .
## **8. Creditors: Amounts falling due within one year**
|Other taxation and social security
Other creditors
Accruals and deferred income|**2023**
**£**
**2,258**
**-**
**3,550**
**5,808**|_2022_
_£_
_1,622_
_276_
_3,120_|
|---|---|---|
||||
|||_5,018_|
Page 13
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **9. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds - all funds
**Restricted funds**
Hertfordshire local authorities
Grant from The Fore
Other restricted funds
HCF other grants
Barnet Homes
W3RT
**Total of funds**|**Balance at 1**
**January**
**2023**
**£**
**55,939**
**-**
**17,816**
**-**
**-**
**-**
**-**
**17,816**
**73,755**|**Income**
**£**
**189,853**
**47,172**
**-**
**200**
**10,000**
**2,796**
**6,001**
**66,169**
**256,022**|**Expenditure**
**£**
**(173,818)**
**(47,172)**
**(17,816)**
**(200)**
**(10,000)**
**(2,796)**
**(6,001)**
**(83,985)**
**(257,803)**|**Balance at**
**31**
**December**
**2023**
**£**
**71,974**|
|---|---|---|---|---|
|||||**-**
**-**
**-**
**-**
**-**
**-**|
|||||**-**|
|||||**71,974**|
The majority of restricted funds relates to funding received from various local authorities (or their agencies) across Hertfordshire and is applied by the charity in accordance with the terms of the specific grant, project or partnership for which it has been given. Other restricted grants include income from Hertfordshire Community Foundation (HCF), Barnet Homes and Watford & Three Rivers Trust (W3RT), all designated for specific projects.
Page 14
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **9. Statement of funds (continued)**
**Statement of funds - prior year**
|**Unrestricted funds**
General Funds - all funds
**Restricted funds**
Hertfordshire local authorities
Grant from The Fore
HCF Fuel Poverty
HCF other grants
Harlow Health Care Trust
Shanly Foundation
**Total of funds**|_Balance at_
_1 January_
_2022_
_£_
_60,441_
_-_
_20,000_
_-_
_-_
_-_
_-_
_20,000_
_80,441_|_Income_
_£_
_125,843_
_47,295_
_10,000_
_10,000_
_15,000_
_8,000_
_2,500_
_92,795_
_218,638_|_Expenditure_
_£_
_(130,345)_
_(47,295)_
_(12,184)_
_(10,000)_
_(15,000)_
_(8,000)_
_(2,500)_
_(94,979)_
_(225,324)_|_Balance at_
_31_
_December_
_2022_
_£_
_55,939_|
|---|---|---|---|---|
|||||_-_
_17,816_
_-_
_-_
_-_
_-_|
|||||_17,816_|
|||||_73,755_|
Page 15
DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **10. Summary of funds**
## **Summary of funds - current year**
|General funds
Restricted funds
**Summary of funds - prior year**
General funds
Restricted funds|**Balance at 1**
**January**
**2023**
**£**
**55,939**
**17,816**
**73,755**
_Balance at_
_1 January_
_2022_
_£_
_60,441_
_20,000_
_80,441_|**Income**
**£**
**189,853**
**66,169**
**256,022**
_Income_
_£_
_125,843_
_92,795_
_218,638_|**Expenditure**
**£**
**(173,818)**
**(83,985)**
**(257,803)**
_Expenditure_
_£_
_(130,345)_
_(94,979)_
_(225,324)_|**Balance at**
**31**
**December**
**2023**
**£**
**71,974**
**-**|
|---|---|---|---|---|
|||||**71,974**|
|||||_Balance at_
_31_
_December_
_2022_
_£_
_55,939_
_17,816_|
|||||_73,755_|
## **11. Analysis of net assets between funds**
**Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2023**
**£**
Current assets
77,782
Creditors due within one year
(5,808)
**Total**
71,974|**Total**
**funds**
**2023**
**£**
**77,782**
**(5,808)**|
|---|---|
||**71,974**|
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DocuSign Envelope ID: 9911EEF9-F731-4C30-8357-6695802F2ACA
## **SMALL ACTS OF KINDNESS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **11. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Current assets
Creditors due within one year
**Total**|_Restricted_
_funds_
_2022_
_£_
_17,816_
_-_
_17,816_|_Unrestricted_
_funds_
_2022_
_£_
_60,957_
_(5,018)_
_55,939_|_Total_
_funds_
_2022_
_£_
_78,773_
_(5,018)_
_73,755_|
|---|---|---|---|
## **12. 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 £1,728 (2022: £1,335).
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