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

PACKED WITH SMILES

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS 31[ST] MARCH 2025

CHARITY NUMBER 1182038

PACKED WITH SMILES

Year ended 31[st] March 2025

_________

CONTENTS

Trustees’ annual report
Independent examiner’s report
Statement of financial activities
Balance sheet
Notes to the financial statements
Page
1
6
7
8
9

PACKED WITH SMILES

Trustees’ annual report

for the year ended 31[st] March 2025


Reference and administrative details

Charity name

Packed with Smiles

Registered Charity number

1182038

Principal address

Unit 6 Imperial House 46-48 Towerfield Road Southend, Essex SS3 9QT

Managing Trustees

Anna Baker Jane Vernon Smith Sarah Robinson Scott Baker Jeannette Richards

Bankers

Metro Bank One Southampton Row London WC1B 5HA

1

PACKED WITH SMILES

Trustees’ annual report - continued

for the year ended 31[st] March 2025


Independent Examiner

Clouders (Audit & Accounts) Limited Chartered Certified Accountants, Charter House, 103-105 Leigh Road, Leigh-on-Sea, Essex. SS9 1JL.

Structure, governance and management

Constitution

The charity is a Charitable Incorporated Organization, incorporated 14[th] February 2019.

Trustee selection

The power to appoint Trustees vests in the existing Trustees.

Risk management

The Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to minimise them.

Objectives and activities

The objectives of the Charity are the relief of financial hardship for the public benefit of people with school age children, in particular, but not exclusively, by providing school uniforms, PE kits, shoes, coats and other clothing needed for school that they would otherwise not afford through lack of means and such other grants for services, items or facilities to relieve financial hardship as the trustees deem appropriate.

We support the building of self-confidence of young people because we value their wellbeing, mental health, and the huge potential they hold.

Families experiencing financial difficulties are provided with new items to enable their children to fully participate in school. If a child is lacking these items, not feeling comfortable, warm and equal, it can distract from a child’s schooling and even affect a child’s health and we want to reduce these effects as much as possible.

We deliver parcels at two points in the academic year, a main parcel during the summer term ready for September and a top-up mid-way through the academic year after the February half-term break. We also offer emergency parcels in between these dates, through referrals from our partnering Southend schools.

We offer our parcels through our partnering schools and other Council established bodies - working with the staff who are best placed to identify needs in the community. We know from the feedback we get that parcels make a positive difference. We know that replacing uncomfortable and outgrown clothes with comfy warm coats and properly fitting shoes, has helped children focus on learning.

2

PACKED WITH SMILES

Trustees’ annual report - continued

for the year ended 31[st] March 2025


We ultimately aim to level the playing field and support the development of self-confidence in children because we value the wellbeing of young people and the huge potential they hold. We want them to be able to go to school, focus on learning and realise that potential.

Grant making policy

No grants are made therefore no policy has been set.

Trustees

In the 2024/25 financial year we saw two movements in the Trustees of the Charity.

Scott Baker, co-founder of PWS rejoined as a Trustee and Treasurer on 27th May 2024 and Jeannette Richards joined as Trustee on 14th October 2024.

Achievements and performance

During the 2024/25 financial year the charity continued to support its six partner primary schools, Barnados (who are Essex County Council’s family support provider in the southeast of the county) and Southend Family Centres, it also began supporting children from a further two primary schools.. Delivering uniform parcels at two points in the year as usual. Emergency parcels were also supplied where needed.

2024/25 was another good year for the Charity with donations, grants and community fundraising raising reaching £56,733.

Expenses remained in line with prior years. Slightly more admin time was required to process the larger number of orders.

PWS ended the financial year in a good financial position. It should be noted that to continue operations for the coming financial year, much of the closing balance of 2024/25 can be considered ‘allocated’ to known expenses in the 2025/26.

Expenditure committed for 2025/26

At the end of the financial year, plans were put in place for 2025/26 financial year and committed uniform spending budgets were communicated to each partner as per the table below. As at 13[th] September these budgets were 66% spent. The remainder will be spent in the summer uniform ordering cycle in March 2026.

3

PACKED WITH SMILES

Trustees’ annual report - continued

for the year ended 31[st] March 2025


Partner Committed
Budget £
Spend as at 13th
September 2025
School A* £3,000 £2,260
School B* £3,000 £2,941
School C* £2,500 £1,662
School D* £6,500 £3,909
School E* £3,000 £3,149
School F* £3,500 £3,462
School G** £7,000 £4,528
School H** £2,500 £1,299
Banardos (administrator of the Essex
County schools supported by PWS)
£3,000 £2,350
Southend Family Centres – Primary age
children
£3,000 £3,081
Southend Family Centres – Secondary age
children
£3,000 £3,133
Total committed budget
£40,000 £31,774

*Individual School Identities have been removed to protect the anonymity of the families we support.

** New schools introduced from April 2024 - through a quantitative and qualitative application process.

Reserves Policy

The charity’s policy is to hold an element of its income in its reserves. This is currently set at £6,240. This part of the charity’s income is freely available for its operating purposes not subject to commitments, planned expenditure and spending limits. The reserves held do not include endowment funds, restricted funds and designated funds.

Investment Policy

The Charity has not formulated an investment policy as it has not yet reached the point where funds in the Metro bank account were at such a level that there would be excess once the one year forward budget has been set. Should this change, a policy will be set.

4

PACKED WITH SMILES

Trustees’ annual report - continued

for the year ended 31[st] March 2025


Statement of Trustees’ responsibilities

Law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the year end. In preparing those financial statements, the Trustees are required to follow best practice and:

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which 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.

The Trustees declare that they have approved the Trustees’ report above.

Signed on behalf of the Charity’s Trustees:

…………………………………………

(Scott Baker - Trustee)

……………………………………………

(Anna Baker - Trustee)

Dated : 17/11/2025

5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PACKED WITH SMILES llldependent eAAmiDer's report to the trustees of Packed With Smiles {'the Company.) I report lo the charity trustees on my examination of the accounts of the Company for the year ended 315t March. 2025. Respec¢lve responsibilities of trustees and examiner As the charity's trust¢es of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the aecounl in a¢¢ordanc¢ with th¢ requir¢m¢nls of the ¢ornpani¢s aci 2006 ('th¢ 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's account a5 carried out under section 145 of the Charilies Aci 2011 ('the 2011 Act,). In canying out my examination I have followed the Directions given by the Charities Commission under section l45(5) (b) of ihe 2011 Act. IDdependent examiner's statement I have completed my examination. I confirni that no matters have rom¢ tt) my att¢ntion in wnn¢ction with the examination giving me cause to beli¢vc'. l. Accounting records were not kept in resp¢ot of the Company as required by section 386 of the 2006 Act. or 2. The accounts do not accord with those records. or 3. The accounts do not comply with the a¢counting r¢quir¢m¢nts of section 396 of th¢ 2006 Aet other than any requirement that the account give a true and fair view which is not a matter considered as part of an independent examination. or 4. The accounts have not been prepared in ac¢ordanc¢ with th¢ methods and prin¢ipl¢s of the Statement of Recomtnended Practice for accounting and reporting by charities (applicable to charities preparing their account in a¢¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)). 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 a¢¢ounts to be reached. C Binnie F.C.A. for and on behalf of Clouders (Audit & Accounts) Limited Chartered Certified Accountants Charter House, 103-105 Leigh Road, Leigh-on-sea, Essex. SS9 IJL. Dated - 1711112025

PACKED WITH SMILES

Statement of Financial Activities

for the year ended 31[st] March 2025

_________ _________ _________
Unrestricted Restricted Total Total
Notes Funds income funds 2025 2024
£ £ £ £
Incoming resources
Incoming resources from generated funds
Donations income 3a
16,963
- 16,963 13,579
Grants received 18,425 21,345 39,770 36,461
Event sponsorship income - - - 3,500
_____ _____ _____
_____
Total incoming resources 35,388 21,345 56,733 53,510
______ _____ _____ _____
Resources expended
Insurance 4a
229
- 229 200
Computer & admin expenses 4b
10,092
1,763 11,855 16,459
Donations & charitable activities
4c

15,502
17,971 33,473 35,998
Event costs 3,889 - 3,889 228
Fundraising & promotional costs 1,830 - 1,830 250
Accountancy costs 1,056 - 1,056 1,182
_____
______ _____ _____
Total resources expended 32,598 19,734 52,332 54,317
______ _____ _____ _____
Net movement in funds 2,790 1,611 4,401 (807)
Total funds brought forward 65,309 8,830 74,139 74,946
______ _____ ______ _____
Total funds carried forward 68,099 10,441 78,540 74,139
______ _____ ______ ______

The notes on pages 9 to 14 form part of these financial statements

7

PACKED WITH SMILES

Balance Sheet

As at 31[st] March 2025

_____
Current assets
Debtors
Cash at bank and in hand
Held in PayPal account
Total current assets
Creditors: amounts falling due within one year
Net current liabilities
Total assets less current liabilities
Funds of the charity
Unrestricted funds
Restricted income funds
Total funds
____
Unrestricted Restricted
Total
Total
Notes
Funds
income funds
2025
2024
£
£
£
£
-
-
-
-
68,988
10,441
79,429
75,118
167
-
167
29
__



69,155
10,441
79,596
75,147
5
1,056
-
1,056
1,008


__
_
1,056
-
1,056
1,008
______
______
______
______
68,099
10,441
78,540
74,139


__
_
6
68,099
-
68,099
65,309
7
-
10,441
10,441
8,830


__
_
68,099
10,441
78,540
74,139


__
____
____
Unrestricted Restricted
Total
Total
Notes
Funds
income funds
2025
2024
£
£
£
£
-
-
-
-
68,988
10,441
79,429
75,118
167
-
167
29
__



69,155
10,441
79,596
75,147
5
1,056
-
1,056
1,008


__
_
1,056
-
1,056
1,008
______
______
______
______
68,099
10,441
78,540
74,139


__
_
6
68,099
-
68,099
65,309
7
-
10,441
10,441
8,830


__
_
68,099
10,441
78,540
74,139


__
____
65,309
8,830
__
74,139
____

…………………………………………….

(Scott Baker - Trustee)

………………………………………………

(Anna Baker - Trustee)

Dated : 17/11/2025

The notes on pages 9 to 14 form part of these financial statements

8

PACKED WITH SMILES

Notes to the financial statements

for the year ended 31[st] March 2025


1. Basis of preparation

Basis of accounting

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. 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 (FRS102) (effective 1 January 2015).

2. Accounting policies

Funds structure

Restricted income funds

These are funds which must be used in accordance with specific restrictions imposed by the donor or Trust Deed.

Unrestricted funds

Unrestricted funds comprise those funds which the Trustees are free to use for any purpose in furtherance of the charity’s objects. They include designated funds which the Trustees, at their discretion, have created for a specific purpose.

Incoming resources

Recognition of incoming resources

These are included in the Statement of Financial Activities when the charity becomes entitled to the resources, the Trustees are virtually certain they will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the Statement of Financial Activities when the charity has unconditional entitlement to the resources.

Investment income

This is included in the Statement of Financial Activities when receivable.

Investment gains and losses

These include any gain or loss on the sale of investments, and any gain or loss resulting from revaluing investments to market value at the end of the year.

9

PACKED WITH SMILES

Notes to the financial statements - continued

for the year ended 31[st] March 2025


2. Accounting policies – continued

Expenditure

Governance costs

These include the costs of preparation and examination of statutory financial statements, Trustee meetings and any legal advice to Trustees on governance or constitutional matters.

Grants payable without performance conditions

These are only recognised in the financial statements when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.

Assets

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end.

Liabilities

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Contingent liabilities

In accordance with the SORP, a contingent liability is disclosed in respect of grants which, although authorised by the end of the Charity’s financial year, did not represent liabilities, because the obligation can only be confirmed by the acceptance of those grants by the applicants, which is an uncertain event not wholly within the Trustees’ control.

10

PACKED WITH SMILES

Notes to the financial statements - continued

for the year ended 31[st] March 2025


3. Incoming resources

a) Donations income

2025
Unrestricted Restricted
£
£
Packed With Smiles Events
14,105
-
Independent donations
2,650
-
Donations
208
-
_

16,963
-
__
_____
4. Analysis of resources expended
a) Insurance
Trustee Insurance
2024
Total
Total
£
£
14,105
5,285
2,650
2,123
208
6,171
_

16,963
13,579

_
2025
2024
£
£
229
200

b) Computer & Admin expenses

) Computer & Admin expenses
2025 2024
Unrestricted Restricted Total Total
£ £ £ £
Running Costs (HQ rent, website, Google,
7,904
- 7,904 4,761
Justgiving etc.)
Admin Services 2,188 1,763 3,951 9,328
Website development - - - 2,370
_____ _____ _____ _____
10,092 1,763 11,855 16,459
_____ _____ _____ _____

11

PACKED WITH SMILES

Notes to the financial statements - continued

for the year ended 31[st] March 2025


c) Donations & charitable activities

Unrestricted
£
Stock Purchase (Uniform)
14,245
Emergency parcels
668
Parcel sundries (bags, paper, envelopes, etc)
589
_
15,502
___
2025
2024
Restricted
Total
Total
£
£
£

17,971
32,216
35,120

-
668
344

-
589
534
_



17,971
33,473
35,998
_

d) Accountancy fees

Independent examiner’s fees for reporting on the accounts 2025
2024
£
£
1,056
1,182
_

1,056
1,182
__
_____

12

PACKED WITH SMILES

Notes to the financial statements - continued

for the year ended 31[st] March 2025


reditors
Amounts falling due within one year:
Accruals and deferred income
2025
2024
£
£
1,056
1,008
_
___

5. Creditors

6. Unrestricted funds

Movements on unrestricted funds

Revaluation
Total Revenue Capital reserve
£ £ £ £
As at 1stApril 2024 65,309 65,309 -
-
Incoming resources 35,388 35,388 -
-
Outgoing resources (32,598) (32,598) -
-
Transfers - - -
-
Gains and losses - - -
-
______ ______ ______ ______
As at 31st March 2025 68,099 68,099 -
-
______ ______ ______ ______

13

PACKED WITH SMILES

Notes to the financial statements - continued

for the year ended 31[st] March 2024


7. Restricted funds

Movements on restricted funds

Revaluation
Total Revenue Capital reserve
£ £ £ £
As at 1stApril 2024 8,830 8,830 -
-
Incoming resources 21,345 21,345 -
-
Outgoing resources (19,734) (19,734) -
-
Transfers - - -
-
Gains and losses - - -
-
______ ______ ______ ______
As at 31st March 2025 10,441 10,441 -
-
______ ______ ______ ______

8. Contingent liabilities

For the year ending 31st March 2025 there were no contingent liabilities.

9. Average number of employees

The average number of employees during the year was nil (2024: Nil)

10. Volunteers

Volunteers are vital to our service delivery throughout the charity, helping to maximise our offering and allowing us to positively impact our partner schools and local families. All our volunteers, whatever their role, aim to assist PWS in the most positive way they can.

14