Keep Smilin Limited Charity Accounts

COMPANY REGISTRATION NUMBER: 06341341

CHARITY REGISTRATION NUMBER: 1124555

Keep Smilin Limited

Company Limited by Guarantee

Unaudited Financial Statements

31 July 2025

Keep Smilin Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 July 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Statement of financial activities (including income and expenditure account)	3

Statement of financial position	4

Notes to the financial statements	5

The following pages do not form part of the financial statements

Chartered accountants report to the board of trustees on the preparation of the unaudited statutory financial statements	11

Keep Smilin Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 July 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2025 .

Reference and administrative details

Registered charity name	Keep Smilin Limited

Charity registration number	1124555

Company registration number	06341341

Principal office and registered	Marsh Trees House
office	Marsh Parade
	Newcastle under Lyme
	Staffordshire
	ST5 1BT

The trustees

	Ms D Fitzgerald
	Mr A D Fitzgerald
	Mr M Hunt

Accountants	General & Medical Accountants Limited
	Chartered Accountants
	The Wedgwood Big House
	1 Moorland Road
	Stoke on Trent
	Staffordshire
	ST6 1DJ

Structure, governance and management

Governing Document

The organisation is a charitable company limited by guarantee. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and its Trustees, and is governed under its Articles of Association.

Recruitment and Appointment of Trustees

The directors of the company are also Charity Trustees for the purpose of Charity Law. Under the requirements of the Memorandum and Articles of Association, directors are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting.

The number of directors should not be less than three but (unless otherwise determined by ordinary resolution) shall not be subject to any maximum. New directors are appointed by a resolution of the existing directors.

Risk Management

The Trustees have examined the major strategies, business and operational risks which the Charity faced and confirms that systems have been established to identify new risks and lessen the risks identified.

Objectives and activities

The principal objectives of the Charity are to provide support and advice, via the internet or otherwise, to improve the wellbeing and mental help of the public throughout the United Kingdom.

The Trustees can confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charitable company's aims and objectives and in planning future activities and setting the grant making policy for the year.

Achievements and performance

During the year the website was maintained and continued to be developed.

Financial review

The Trustees consider the financial situation of the Charity to be satisfactory and will continue to strive for increasing levels of donations.

Donations were received during the year of £nil.

Investment Policy

Monies may be invested as the Trustees feel fit, due to the low cash balance and the minimal interest rate. All Company monies are held in a bank current account.

Reserves Policy

It is the policy of the Charity to maintain sufficient unrestricted funds to cover their annual management and administration costs. Unrestricted funds were maintained at a suitable level throughout the period.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 18 May 2026 and signed on behalf of the board of trustees by:

Mr A D Fitzgerald

Trustee

Keep Smilin Limited

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 July 2025

	2025		2024
	Unrestricted funds	Total funds	Total funds
Note	£	£	£

Income and endowments

Donations and legacies	5	–	–	63
		----	----	----
Total income		–	–	63
		----	----	----

Expenditure

Expenditure on charitable activities	6,7	137	137	84
		----	----	----
Total expenditure		137	137	84
		----	----	----

	----	----	----
Net expenditure and net movement in funds	( 137)	( 137)	( 21)
	----	----	----

Reconciliation of funds

Total funds brought forward	955	955	976
	----	----	----
Total funds carried forward	818	818	955
	----	----	----

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Keep Smilin Limited

Company Limited by Guarantee

Statement of Financial Position

31 July 2025

	2025	2024
Note	£	£

Current assets

Cash at bank and in hand	1,318	1,455

Creditors: amounts falling due within one year	10	500	500
		-------	-------
Net current assets		818	955
		----	----
Total assets less current liabilities		818	955
		----	----

Funds of the charity

Unrestricted funds		818	955
		----	----
Total charity funds	11	818	955
		----	----

For the year ending 31 July 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 18 May 2026 , and are signed on behalf of the board by:

Mr A D Fitzgerald

Trustee

Keep Smilin Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Marsh Trees House, Marsh Parade, Newcastle under Lyme, Staffordshire, ST5 1BT.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: No cash flow statement has been presented for the company.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: None Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: None

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The organisation is a charitable company limited by guarantee. In the event of the company being wound up, members are required to contribute to an amount not exceeding £10.

5. Donations and legacies

Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
£	£	£	£

Donations

Donations received	–	–	63	63
	----	----	----	----

6. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Support costs	137	137	84	84
	----	----	----	----

7. Expenditure on charitable activities by activity type

	Support costs	Total funds 2025	Total fund 2024
	£	£	£
General expenses	137	137	84
	----	----	----

8. Staff costs

The average head count of employees during the year was 2 (2024: 2 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of staff	2	2
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

9. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the Trustees.

10. Creditors: amounts falling due within one year

	2025	2024
	£	£
Director loan accounts	500	500
	----	----

11. Analysis of charitable funds

Unrestricted funds

	At 1 August 2024	Income	Expenditure	At 31 July 2025
	£	£	£	£
General funds	955	–	(137)	818
	----	----	----	----

	At 1 August 2023	Income	Expenditure	At 31 July 2024
	£	£	£	£
General funds	976	63	(84)	955
	----	----	----	----

12. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Current assets	1,318	1,318
Creditors less than 1 year	(500)	(500)
	-------	-------
Net assets	818	818
	-------	-------

	Unrestricted Funds	Total Funds 2024
	£	£
Current assets	1,455	1,455
Creditors less than 1 year	(500)	(500)
	-------	-------
Net assets	955	955
	-------	-------

Keep Smilin Limited

Company Limited by Guarantee

Management Information

Year ended 31 July 2025

The following pages do not form part of the financial statements.

Keep Smilin Limited

Company Limited by Guarantee

Chartered Accountants Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of Keep Smilin Limited

Year ended 31 July 2025

As described on the statement of financial position, the trustees of the charity are responsible for the preparation of the financial statements for the year ended 31 July 2025, which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes.

You consider that the charity is exempt from an audit under the Companies Act 2006.

In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

General & Medical Accountants Limited Chartered Accountants

The Wedgwood Big House 1 Moorland Road Stoke on Trent Staffordshire ST6 1DJ

18 May 2026

Keep Smilin Limited

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 July 2025

	2025	2024
	£	£

Income and endowments

Donations and legacies

Donations received	–	63
	----	----

	----	----
Total income	–	63
	----	----

Expenditure

Expenditure on charitable activities

Interest on bank loans and overdrafts	84	84
General expenses	53	–
	----	----
	137	84
	----	----

	----	----
Total expenditure	137	84
	----	----

	----	----
Net expenditure	(137)	(21)
	----	----