REGISTERED COMPANY NUMBER: CE026292 (ENGLAND AND WALES) REGISTERED CHARITY NUMBER: 1194609 ## REPORT OF THE TRUSTEES AND ## UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED ## 31 DECEMBER 2021 For SHAY’S SMILES ## SHAY’S SMILES ## CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ||Page| |---|---| |Trustees’ Annual Report|1 to 3| |Independent Examiner’s Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Financial Statements|7 to 8| ## SHAY’S SMILES ## TRUSTEES’ ANNUAL REPORT ## FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ (FRS 102) in preparing the annual report and financial statements of the charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE026292 (England and Wales) Registered Charity number 1194609 Company registration number 09829049 Registered office The Dene Aspley Hill Woburn Sands Milton Keynes MK17 8NN Trustees The directors of the charitable company are the trustees for the purpose of charity law. The trustees who have served during the year and since the year end were as follows: Mrs N O’Dea-Patel Mr D Patel Mrs J Pappacoda Mr D Newton Independent examiner Essendon Accounts and Tax Limited 3 Warren Yard Warren Park Stratford Road Wolverton Mill Milton Keynes MK12 5NW Page 1 SHAY’S SMILES ## REPORT OF THE TRUSTEES ## FOR THE YEAR ENDED 31 DECEMBER 2021 ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## Governing document The charitable company is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## Recruitment and appointment of new trustees A new trustee or new trustees may be appointed at any time (either by way of replacement or addition). A trustee may be appointed or discharged by a resolution of a meeting of the Trustees, provided that a memorandum declaring such appointment or discharge by shall be signed as a deed, either at the meeting by the person presiding or in some other manner directed by the meeting and attested by the two other persons present at the meeting. ## Induction and training of new trustees The chair of the trustees is responsible for the induction of any new trustee, which involves awareness of a trustee’s responsibilities, the Memorandum and Articles of Association, administrative procedures, the history and philosophical approach of the charitable company. A new trustee would receive copies of the previous year’s annual report and financial statements and a copy of the Charity Commission leaflet ‘The Essential Trustee: What you Need to Know’. New trustees would also be encouraged to review other leaflets and publications issued by the Charity Commission. ## Risk Management The trustees have a duty to identify and review the risks to which the charitable company is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## OBJECTIVES AND ACTIVITIES ## Objectives and aims The charitable company’s main activities are: The relief of sickness and the preservation and protection of good health among people suffering with glioblastoma brain tumours and their families and carers, in particular by: - Providing information and support services to assist their research into treatment options; - Providing grants of financial assistance to help with access to specialist doctors, testing and/or treatments where appropriate and associated costs of care; and - Promoting and funding research into glioblastoma brain tumours, the useful results of which will be disseminated for the public benefit. ## ACHIEVEMENT AND PERFORMANCE ## Charitable activities Fundraising through sponsored events and donations from individuals and organisations. ## ACHIEVEMENT AND PERFORMANCE During the period, the Charity has supported a research project undertaken by Brain Tumour Research, whereby it committed to covering the cost of a PHD student conducting research into Paediatric Glioblastoma for a period of four years. The cost of year one amounting to £37,016 was made. Page 2 ## SHAY’S SMILES ## REPORT OF THE TRUSTEES ## FOR THE YEAR ENDED 31 DECEMBER 2021 ## FINANCIAL REVIEW ## Reserves Policy The trustees have the power to establish funds for particular purposes or to maintain the reserves. During the year the charitable company handled income of £97,886 and expense payments of £37,496. Cash reserves at the end of the period are £60,870 which are judged reasonable by the trustees. The reserves policy of the charity is to maintain reserves of £10,000 to cover any unforeseen outgoings. ## DISCLOSURE OF INFORMATION TO THE INDEPENDENT EXAMINER We, the directors of the company who held office at the date of the approval of these Financial Statements as set out above each confirm, so far as we are aware, that: - There is no relevant information of which the independent examiners are unaware; and - We have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant information and to establish that the company’s independent examiners are aware of that information. ON BEHALF OF THE BOARD: …………………………………………………… Mrs N O’dea-Patel – Trustee Date: Page 3 ## INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ## SHAY’S SMILES I report on the accounts for the year ended 31 December 2021 set out on pages five to twelve. ## Respective responsibilities of trustees and examiner The charity’s trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## Basis of the independent examiner’s report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below. ## Independent examiner’s statement In connection with my examination, no matter has come to my attention: - 1) which gives me reasonable cause to believe that, in any material aspect, the requirements - to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Roger Eddowes FCCA For and on behalf of Essendon Accounts and Tax Limited 3 Warren Yard Warren Park Stratford Road Wolverton Mill Milton Keynes MK12 5NW Date: Page 4 RE 62 SHAY'S SMILE5 STATEMENTOF FINANCIAL ACTIVITIES FOR THEYEAR ENDED310ECEMBER2021 Unrestrided fur 2021Total FuThls Notes RestridedfuThJs INCOMING RESOURCES IncomiTh8re50ur¢e5from gEnÈrated funds Voluntaryincome 97,886 Totsl incomin8 re50urres 97886 97.886 RESOURCES EXPENDED Donatlons Dlrectcostsof charftsble a¢tfvlti¢s Charltable activitie5 DirectC05tsof charitableaEtivities Governancecosts 37P16 37,016 Total resourcesexpended 37.496 37,496 INCOMINGIIOUTGOINGI RESOURCES 60,390 60,390 Totsl fuTrd5 broughtlgrward TOTALFUNDSCARRIED FORWARD 60.390 60.390 Therbotesformpartof the5efinarytialststements Page5 MP EO an SHAY'SSMILES BALANCE SHEET AT310ECEMBER2021 Unrestricted fund 2021Totsl Funds Notes RE5trKtsdfvnds CURRENT ASSETS Debtors Cash at bank 6(X870 6Q870 6Q870 CREDITORS ATwJntsfalllngduewithinoneyear 14801 NETCURRENT ASSETSIILIASILITIESI 60.3 60,390 TOTALASSETS LESS CURRENT LIABILITIES 6Q390 60,390 NET ASSEf5 6Q390 60,390 FUNDS UnrÈstrictedfunds Restrictedfunds io 60.390 60,390 TOTALFUNDS 00,390 60.390 The¢horlt2blecompanyisentitledtO EXetry)tlonfrornauditunderSedion 477ofthe CunpanIEsAct2LI￿1Ortheyearended 310ewnbw2021. Therntmbets have notyet requiredthe¢h•ritr4ble companytoobtsinanauditof its finarKialstatementsfortheyearended 310ecember2021 in accordancewlth Se£tion476of theCompaniesAct2006. Thetrustets acknowled8ethewrespon5ibilitlÈsft*r al en5urin8thatthvrh4rltablecompanykttp5a￿QUnti￿ recordsthatComp￿V￿thSeC1IDns 386and 387of the COm￿nIeS Act2(A)6a￿l bl preparingfina￿lal statementswhichgive at￿eand falrviewofthe stateof affairs of thecharitsblecomwnyas at theend oteachfinaTKialyearand of1ts5urplu50rdeficitftteath financialyearin actordancewiththe re4uirernentsof Sect¢on5 394aThl 395aTrJ which otherw15e c0mptyw1ththere4uireff￿nt5 of theCornpanlesAct 2006relatingtolinancial statements, sofaras is applICab￿t0thechjr￿able£0mpany. Th2sefinanclalstatements have beenprepared inaccordarKewiththespecial provi5i0n50f Part 15of the CorwaniesAct 2(Y)6 relatln8tosmall charltsble cornpanie5 and ￿th thestate￿n￿0f Recommended Practice ISORPI Attountingand RepDrtin8by CharSties' in preparingtheannua1rerKjrta￿ financia15taternentsof thecharity. Thefinancial 5tatsrmntswer¢•pproved bythe 8oardof Trustees on.-..._._._._._. on its behalf by. -andweresigned Mrs N O'Dea-Patel T￿￿￿L>tE5fOrM partof the5efinancialstatements Page6 and SHAY'S SMILES NOTESTOTHE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 DECEMBER2021 ACCOUNTING POLICIES Attountingconvention The5Efinantlal statementshave been prep¥edlnxcord3ncewiththE Special Prov￿l0r￿0f Part Isolthecompanles Act 2CQ6relatln8t05mal1 charitabk companie5 andwith the5tattmentof Recemmended Practltr ISORP1"Accounti￿&nd Reportirh8 bycharities" in preparir￿thea￿nUal reportand financi315tstements of the charity- Incomingresource5 Al incorning resourcesareiKludedontheStatementol FinancIalAct￿1tTesWhenthechafityis1e8>1￿entlt￿d tothe I￿<￿&>Thdthe amuntcan be quantifiedwlth reaSonablea￿Uraty. Resources expended Expenditure isaccountsdforon 8n aCCNa￿ baslsand has been classified under he￿Ing$that888reBateall£oSt related totheotegory. Whereeosts ¢anrb)t ledirect￿3ttribUted to particular headinss they have ieen al1ocatedtoa￿lVltIes ona basiSC0Tr51st¢ntwithtr*useof resource5. Taxatlon ThecharltyisexemptfroMcorF￿ratloTr￿x¢>nitS¢￿ar1tab1e atthltle5. Fund accounting Unrestricted lu￿lSE#￿ be usedlTha(cordantrvAththechari¢ableobjectives atthediscretionof thetru5tee RestriCtedfUnds￿¢nty beusedfor particuL4r restricted purrx>ses wthin theobpctsofthecharity. REstricthons arisewhen speclfled bythedorbyorwhenfvnd5 are raised forparticularrestricted purwse I VOLUNTARYINCOME 2021 Donations Eventtaklngs SponsorshipaThl•Jverts 94142 1.884 1,860 3. CHARITABLE ACTIVITYCOSTS 2021 Fundra*in&eventsaThJ re815trationcosts 4. GOVERNANCE COSTS 2021 Accow)tancy TheTh)tesfrJm)partof thesefinancialststenents Page7 SHAY'S SMILES NOTESTOTHE FINANCIALSTATEMENTS-CONTINUED FOR THEYEAR ENDED31 DECEMBER2021 5. TRUSTEES, REMUNERATION AND BENEFITS TherewereTh)tnJstee5' remunerationorother benefitsfortheyearended 21 December2021 Tru5tee5' eKp¢rtses 2021 Trustees'expenses Trusteesexpenses relatetoexp¢nses pald t0311trustees Inrespectof travel*d con5ultinBCOSts knojrred. 6. STAFFCOSTS Therewere np5tsff costsfor theyearended 31 Detrmber 2021 Noempbyees received emolumentsinexce55 of UO,OC*I Theaverage numbtrotemployee5duringtheye¥was nil. 7. DEBTORS.. AMOUNTS FALLING DUEWITHIN ONE YEAR 2021 DOnat￿rts recoYeraEAe 8. CASHAT BANK 2021 Generalfund Bankcurrentaccount 60.870 9. CREDITORS.. AMOUNTS FALLING DUEWITHIN ONE YEAR 2021 TradecreditDrs Accrued expell5E5 ID. MOVEMENTIN FUNDS 2021 Unrestricted fv￿5 Generalfund 6Q390 TOTAL FUNDS 11. MOVEMENT IN FUNDS- continued Netmovement infunds irKluded intheaknveareaslolknws: Inctsmin8 res￿￿rceS Re50urce5 exPer￿ed Unrestricted funds Ger*ralfund 97,886 37,496 TOTAL FUNDS 97.886 37,496 12. ULTIMATE CONTROLLING PARTY The ultimatecontrollin8party isthetru5tees. The notesform partof thesefinancial statemènts Pa8e8 REGISTERED COMPANY NUMBER: CE026292 (ENGLAND AND WALES) REGISTERED CHARITY NUMBER: 1194609 ## REPORT OF THE TRUSTEES AND ## UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED ## 31 DECEMBER 2021 For SHAY’S SMILES ## SHAY’S SMILES ## CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ||Page| |---|---| |Trustees’ Annual Report|1 to 3| |Independent Examiner’s Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Financial Statements|7 to 8| ## SHAY’S SMILES ## TRUSTEES’ ANNUAL REPORT ## FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ (FRS 102) in preparing the annual report and financial statements of the charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE026292 (England and Wales) Registered Charity number 1194609 Company registration number 09829049 Registered office The Dene Aspley Hill Woburn Sands Milton Keynes MK17 8NN Trustees The directors of the charitable company are the trustees for the purpose of charity law. The trustees who have served during the year and since the year end were as follows: Mrs N O’Dea-Patel Mr D Patel Mrs J Pappacoda Mr D Newton Independent examiner Essendon Accounts and Tax Limited 3 Warren Yard Warren Park Stratford Road Wolverton Mill Milton Keynes MK12 5NW Page 1 SHAY’S SMILES ## REPORT OF THE TRUSTEES ## FOR THE YEAR ENDED 31 DECEMBER 2021 ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## Governing document The charitable company is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## Recruitment and appointment of new trustees A new trustee or new trustees may be appointed at any time (either by way of replacement or addition). A trustee may be appointed or discharged by a resolution of a meeting of the Trustees, provided that a memorandum declaring such appointment or discharge by shall be signed as a deed, either at the meeting by the person presiding or in some other manner directed by the meeting and attested by the two other persons present at the meeting. ## Induction and training of new trustees The chair of the trustees is responsible for the induction of any new trustee, which involves awareness of a trustee’s responsibilities, the Memorandum and Articles of Association, administrative procedures, the history and philosophical approach of the charitable company. A new trustee would receive copies of the previous year’s annual report and financial statements and a copy of the Charity Commission leaflet ‘The Essential Trustee: What you Need to Know’. New trustees would also be encouraged to review other leaflets and publications issued by the Charity Commission. ## Risk Management The trustees have a duty to identify and review the risks to which the charitable company is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## OBJECTIVES AND ACTIVITIES ## Objectives and aims The charitable company’s main activities are: The relief of sickness and the preservation and protection of good health among people suffering with glioblastoma brain tumours and their families and carers, in particular by: - Providing information and support services to assist their research into treatment options; - Providing grants of financial assistance to help with access to specialist doctors, testing and/or treatments where appropriate and associated costs of care; and - Promoting and funding research into glioblastoma brain tumours, the useful results of which will be disseminated for the public benefit. ## ACHIEVEMENT AND PERFORMANCE ## Charitable activities Fundraising through sponsored events and donations from individuals and organisations. ## ACHIEVEMENT AND PERFORMANCE During the period, the Charity has supported a research project undertaken by Brain Tumour Research, whereby it committed to covering the cost of a PHD student conducting research into Paediatric Glioblastoma for a period of four years. The cost of year one amounting to £37,016 was made. Page 2 ## SHAY’S SMILES ## REPORT OF THE TRUSTEES ## FOR THE YEAR ENDED 31 DECEMBER 2021 ## FINANCIAL REVIEW ## Reserves Policy The trustees have the power to establish funds for particular purposes or to maintain the reserves. During the year the charitable company handled income of £97,886 and expense payments of £37,496. Cash reserves at the end of the period are £60,870 which are judged reasonable by the trustees. The reserves policy of the charity is to maintain reserves of £10,000 to cover any unforeseen outgoings. ## DISCLOSURE OF INFORMATION TO THE INDEPENDENT EXAMINER We, the directors of the company who held office at the date of the approval of these Financial Statements as set out above each confirm, so far as we are aware, that: - There is no relevant information of which the independent examiners are unaware; and - We have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant information and to establish that the company’s independent examiners are aware of that information. ON BEHALF OF THE BOARD: …………………………………………………… Mrs N O’dea-Patel – Trustee Date: Page 3 ## INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ## SHAY’S SMILES I report on the accounts for the year ended 31 December 2021 set out on pages five to twelve. ## Respective responsibilities of trustees and examiner The charity’s trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## Basis of the independent examiner’s report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below. ## Independent examiner’s statement In connection with my examination, no matter has come to my attention: - 1) which gives me reasonable cause to believe that, in any material aspect, the requirements - to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Roger Eddowes FCCA For and on behalf of Essendon Accounts and Tax Limited 3 Warren Yard Warren Park Stratford Road Wolverton Mill Milton Keynes MK12 5NW Date: Page 4