**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**
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.
## **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