2024-12-31-accounts - Shay's Smiles

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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 2024

For

SHAY’S SMILES

SHAY’S SMILES

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

	Page
Trustees’ Annual Report	1 to 3
Independent Examiner’s Report	4
Statement of Financial Activities	5
Balance Sheet	6 to 7
Notes to the Financial Statements	8 to 10

SHAY’S SMILES

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

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 2024. 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 2023

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.

Research support

During the period, the Charity has provided grant to 2 familes of a terminally ill child. The cost is amounted to £8,000.

Page 2

SHAY’S SMILES

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2023

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 £ 155,252 and expense payments of £31,917. Cash reserves at the end of the period are £267,410 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: 31 October 2025

Page 3

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF

SHAY’S SMILES

I report on the accounts for the year ended 31 December 2023 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: 31 October 2025

Page 4

REGISTERED COMPANY NUMBER: CE026292 (England and Wales)

SHAY'S SMILES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Notes INCOMING RESOURCES Incoming resources from generated funds Incoming resources from charitable activities 2 Voluntary income 3 Total incoming resources RESOURCES EXPENDED Donations Charitable activities Direct costs of charitable activities 4 Governance costs 5 Total resources expended NET INCOMING/(OUTGOING) RESOURCES Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted Funds £ 59,111 96,141 155,252 8,000 22,255 1,662 31,917 123,335 130,349 253,684	Restricted Funds £ - - - - - - - - - -	2024 Total Funds £ 59,111 96,141 155,252 8,000 22,255 1,662 31,917 123,335 130,349 253,684	2023 Total Funds £ 38,579 79,628 118,207 45,242 39,560 2,324 87,126 31,081 99,268 130,349

The notes form part of these financial statements Page 5

REGISTERED COMPANY NUMBER: CE026292 (England and Wales)

SHAY'S SMILES

BALANCE SHEET

AT 31 DECEMBER 2024

Notes CURRENT ASSETS Debtors 8 Cash at bank 9 CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT NET ASSETS FUNDS Unrestricted funds 11 Restricted funds TOTAL FUNDS	Unrestricted Funds £ - 267,410 267,410 (13,726) 253,684 253,684 253,684 253,684 - 253,684	Restricted Funds £ - - - - - - - - - -	2024 Total Funds £ - 267,410 267,410 (13,726) 253,684 253,684 253,684 253,684 - 253,684	2023 Total Funds £ - 144,076 144,076 (13,727) 130,349 130,349 130,349 130,349 - 130,349

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not yet required the charitable company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as is applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity.

The notes form part of these financial statements

Page 6

REGISTERED COMPANY NUMBER: CE026292 (England and Wales)

SHAY'S SMILES

BALANCE SHEET - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024

The financial statements were approved by the Board of Trustees on 31 October 2025 and were signed on its behalf by:

Mrs N O'Dea-Patel

The notes form part of these financial statements Page 7

REGISTERED COMPANY NUMBER: CE026292 (England and Wales)

SHAY'S SMILES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Accounting convention

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

Event takings Online sales 3. VOLUNTARY INCOME Donations Sponsorship and adverts 4. CHARITABLE ACTIVITY COSTS Fundraising, events and registration costs Travel expenses	2024 £ 59,111 - 59,111 2024 £ 96,141 - 96,141 2024 £ 22,255 - 22,255	2023 £ 38,159 420 38,579 2023 £ 79,628 - 79,628 2023 £ 26,361 13,199 39,560

3. VOLUNTARY INCOME

4. CHARITABLE ACTIVITY COSTS

The notes form part of these financial statements

Page 8

REGISTERED COMPANY NUMBER: CE026292 (England and Wales)

SHAY'S SMILES

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024

5. GOVERNANCE COSTS

Accountancy Bank charges Insurance	2024 £ 528 200 934 1,662	2023 £ 528 40 1,755 2,324

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024

Trustees' expenses Trustees' expenses	2024 £ -	2023 £ -

Trustees expenses relate to expenses paid to all trustees in respect of travel and consulting costs incurred.

7. STAFF COSTS

There were no staff costs for the year ended 31 December 2024. No employees received emoluments in excess of £60,000. The average number of employees during the year was nil.

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Donations recoverable 9. CASH AT BANK Bank current account 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Accrued expenses 11. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS	2024 £ - 2024 General fund £ 267,410 2024 £ - 13,727 13,727 2024 £ 253,684 253,684	2023 £ - 2023 General fund £ 144,076 2023 £ - 13,727 13,727 2023 £ 130,349 130,349

The notes form part of these financial statements

Page 9

REGISTERED COMPANY NUMBER: CE026292 (England and Wales)

SHAY'S SMILES

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 DECEMBER 2024

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 155,252 155,252	Resources expended £ 31,917 31,917

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the trustees.

The notes form part of these financial statements

Page 10