Trustees’ Annual Report for the period
From 01/05/2020 To 30/04/2021
Charity name: Smiley Smiley Josh Riley Foundation
Charity registration number: 1190306
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | We are fundraising to raise enough funds to purchase a log cabin in the lake district for young adults with cancer to holiday in. |
| 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 |
Main activities in the period were of individual fund raising events, establishing the foundations branding, online presence and raising awareness of who we are and why we are doing what we are doing. No actual spending or investment in publicly beneficial assets has taken place yet as we are yet to reach our target of £130,000. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have strong regard for the guidance issued by the Charity Commission on public benefit. |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main 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. |
Para 1.20 | Due to covid, the bank account creation and main fundraising planning only took place in October 2021. Our options were limited as a lot of our initial fundraising strategy was built around social events such as balls, festivals and other social activities. We did however have multiple efforts, largely people supporting us by taking on individual challenges such as sport / exercise related fundraising. We also made use of this period to establish our branding, website and social media platforms. Raising almost £10k in such circumstances we believe to be a great effort and we thank everyone who has helped us along the way. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | As the only expenditure the charity has are some marginal transaction fees from our website donation platform, the financial position of the charity is strong with no risk of financial loss. Net contribution % of charitable income is 97.6% meaning only 2.4% of donations has been spent on transaction fees via online payment platforms stripe, just giving etc. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held as the asset we are striving to purchase is more than we have in reserve. |
| Amount of reserves held | Para 1.22 | £9,624 |
| 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 |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO - FOUNDATION Registered 08 Jul 2020 |
| How is the charity constituted? (e.g 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 | Four trustees – must be unanimous vote from all 4 members. |
Reference and Administrative details
| Charity name | Smiley Smiley Josh Riley Founation |
|---|---|
| Other name the charity uses | none |
| Registered charity number | 1190306 |
| Charity’s principal address | 7 Aspen Close, Blackburn, Lancashire, BB2 5GT |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mark Riley | 7 Aspen Close | Wholeyear | ||
| Hanna Simpson | Wholeyear | |||
| Kristoper Gregory | Wholeyear | |||
| John Aspin | Wholeyear | |||
– Corporate trustees names of the directors at the date the report was approved
Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A | ||
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Kristopher Gregory | ||
Trustee |
||
| 28/02/2022 | ||
| 28/02/2022 |
Smiley Smiley Josh Riley Foundation - Accounts
| Income and Expenses | Y/E Apr 2021 |
|---|---|
| Website Donations Direct Donations Just Giving income Facebook campaigns Event income Other Fundraising |
2,612.00 2,440.30 3,958.86 722.36 - 129.37 - |
| Total Income | 9,862.89 |
| Stripe transaction fees Just giving charges Event Costs Prize giveaways |
(126.12) (112.52) - - - |
| Total Expenses | (238.64) |
| Contribution | 9,624.25 |
| Contribution % | 97.6% |
| Balance sheet | Y/E Apr 2021 |
| Cash in bank | 9,624.25 - |
| Total Assets | 9,624.25 |
| Total Liabilities | - |
| Funds | 9,624.25 |