## **Trustees’ Annual Report for the period**
**From** 01/05/2021 **To** 30/04/2022
**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 and to**
**build on the initial successes of our first**
**period of activity. The major step**
**change being an annual ball which**
**proved to be of considerable success**
**with an initiative requesting monthly**
**donations from willing supporters. 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 our options still remained**
**limited during parts of the period but we**
**started to transition into a post covid**
**world which allowed up to arrange our**
**first large social event with our official**
**launch evening which was attended by**
**over 100 guests. The event provided a**
**platform to publicly launch the**
**foundation, creating valuable exposure**
**and helping to articulate why we are**
**doing this and how they can be a part of**
**this exciting journey. We also raised £9k**
**on the night and signed up supporters**
**who were willing to pay a monthly**
**standing order.**
**We did also continue to be supported by**
**other efforts, largely people supporting**
**the foundation by taking on individual**
**challenges such as sport / exercise**
**related fundraising. Thank you to all of**
**our kind supporters and donators**
**during the period.**
**We are aware that the foundation will**
**not have a direct tangible benefit to**
**society (in line with our objective) until**
**we have reached our target fundraising**
**goal which will allow us to purchase the**
**lodge. We must therefore strive to reach**
**our goal as quickly as possible so we**
**can achieve what we set out to do and**
**improve the quality of peoples lives and**
**keep our supporters in the loop of our**
**progress along the way.**
**We are also aware that on year 1 and 2**
**run rates we will fall short of target,**
**although some credence must be made**
**towards these periods being heavily**
**impacted by covid. We have therefore**
**been more tactical, setting out specific**
**initiatives with financial targets in order**
**to make up ground an improve our**
**earning run rate in line with our plan.**|
|---|---|---|
## **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 and**
**some modest costs (£855) booking a**
**venue for the annual ball. Due to no**
**fixed overheads and being supported**
**purely through volunteer labour the**
**financial position of the charity is strong**
**with no risk of financial loss. Net**
**contribution % of charitable income is**
**94.5% with the only expenditure relating**
**to the annual ball which itself was a big**|
|---|---|---|
|||**success and an overwhelming net**
**contributor to the cause.**|
|---|---|---|
|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|**£24,088**|
|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|
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## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
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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||
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## – 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**|||
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## **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)** Kristopher Gregory **Position (eg Secretary,** Trustee **Chair, etc) Date** 28/02/2023
## **Smiley Smiley Josh Riley Foundation - Accounts - April 2022**
||||
|---|---|---|
|Profit & Loss|Y/E Apr 2021 - £|Y/E Apr 2022 - £|
|Website Donations
Direct Donations
Just Giving income
Facebook campaigns
Cheques / Cash Deposits
Other fundraising
Standing Orders
Annual Ball|2,612
2,440
3,959
722
-
129
-
-
-|2,122
105
1,536
-
2,460
1,945
844
6,409
-|
|Total Income|9,863|15,422|
|Stripe transaction fees
Just giving charges
Event Costs
Annual Ball|(126)
(113)
-
-
-|-
-
-
(855)
-|
|Total Expenses|(239)|(855)|
||||
|Contribution|9,624|14,567|
|Contribution %|97.6%|94.5%|
||||
|Balance sheet|Y/E Apr 2021 - £|Y/E Apr 2022 - £|
|Cash in bank
Cash in hand
Stripe debtors
Just Giving Debtors
Facebook/Paypal Debtors|9,624
-
-
-
-|24,088
-
-
-
-|
|Total Assets|9,624|24,088|
|Prize moneyowed|-|-|
|Total Liabilities|-|-|
||||
|Funds|9,624|24,088|
|Check|-|-|