Trustees’ Annual Report for the period
From 01/05/2023 To 30/04/2024
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, monthly standing orders from loyal supporters and the annual ball. The cost of living crisis did impact funds raised in this financial year but we have sight of year ending Apr 2025 and this has been a large step up based on new fundraising ideas. 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 | For the year ending April 2024 we did see a 31% fall in net contribution from fundraising which we have put down to a difficult economic climate. This has spurred on the foundation to expand its fundraising efforts and we have sight of a record year in 2025 which will see the foundation break the £100,000 barrier! Main contributor to the foundations success in year 3 was again the annual ball with £6k raised on this one event and was £5k down on previous year which highlights the difficult economic situation people have been faced with. Very generously we 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 people’s lives and keep our supporters in the loop of our progress along the way. We have sight of purchasing our first lodge in 2025 which we are all super excited about. |
|---|---|---|
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, some modest costs (£1,256) hosting the annual ball, intital deposits we placed before our first summer festival which took place in July 2024 (£300) and a sky diving fee for someone who supported us and raised much more (£460) . 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 88.9% with the only expenditure as described above |
|---|---|---|
| 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 | £63,818.72 |
| 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 |
||
| 03/03/2025 | ||
| 03/03/2025 |
Smiley Smiley Josh Riley Foundation - Accounts - April 2024
| 2023 | 2024 | 2024 | |
|---|---|---|---|
| Profit & Loss | May Jun Jul Aug Sep Oct Nov Dec |
Jan Feb Mar Apr |
Y/E Apr 2024 - £ |
| Website Donations Direct Donations Just Giving income Facebook campaigns Cheques / Cash Deposits Other fundraising Standing Orders Annual Ball |
23.57 477.30 - 94.90 - 9.35 56.90 23.67 - - - - - - - - 4,515.46 - 405.11 19.42 9.61 1,092.55 - - - - - - - - - - - - - - - - - - 1,040.00 - 190.00 500.00 - - 300.00 200.00 231.00 211.00 226.00 211.00 211.00 196.00 181.00 181.00 - - - - 625.00 4,860.59 740.00 - |
95.30 47.55 - - - - - - - - 15.20 66.50 - - - - - - - - - - 350.00 16.89 181.00 181.00 181.00 181.00 - - - - |
829 - 6,124 - - 2,597 2,372 6,226 - |
| Total Income | 5,810.03 688.30 821.11 825.32 845.61 6,158.49 1,277.90 404.67 |
276.30 228.55 546.20 264.39 |
18,147 |
| Stripe transaction fees Just giving charges Event Costs Annual Ball Summer Festival Other Costs |
(50.00) - - - - (1,156.05) - - - - - - - - - - - - (460.00) - - - - - |
- (50.00) - - - (50.00) - (250.00) - - - - |
- - - (1,256) (300) (460) - |
| Total Expenses | (50.00) - (460.00) - - (1,156.05) - - |
- (100.00) - (250.00) |
(2,016) |
| Contribution | 5,760.03 688.30 361.11 825.32 845.61 5,002.44 1,277.90 404.67 |
276.30 128.55 546.20 14.39 |
16,131 |
| Contribution % | 99.1% 100.0% 44.0% 100.0% 100.0% 81.2% 100.0% 100.0% |
100.0% 56.2% 100.0% 5.4% |
88.9% |
| Balance sheet | May Jun Jul Aug Sep Oct Nov Dec |
Jan Feb Mar Apr |
Y/E Apr 2024 - £ |
| Cash in bank | 53,442.93 54,131.23 54,492.34 55,317.66 56,163.27 61,165.71 62,443.61 62,848.28 |
63,124.58 63,253.13 63,799.33 63,813.72 |
63,814 |
| Total Assets | 53,442.93 54,131.23 54,492.34 55,317.66 56,163.27 61,165.71 62,443.61 62,848.28 |
63,124.58 63,253.13 63,799.33 63,813.72 |
63,814 |
| Funds | 53,442.93 54,131.23 54,492.34 55,317.66 56,163.27 61,165.71 62,443.61 62,848.28 |
63,124.58 63,253.13 63,799.33 63,813.72 |
63,814 |