Charity Accounts Intelreading the accounts so you don’t have to

THE SMILES FOUNDATION

Registered charity 1087961 · accounts filings on the Charity Commission register · also known as SMILES CLUB

Working in North West Romania and founded on Biblical teachings, the projects include the Family Care project, Homeless and Community work; a School & Nursery in Tileagd; Medical & Social Assistance; Children's After-School support in Gepiu and Rapa as well as Outreach projects in Bihor and Arad Counties plus other seasonal programmes.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Accommodation/housing · Religious Activities · website · Get email alerts

Latest income
£725k
Latest spending
£753k
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a decrease in unrestricted funds of £27,750 for the year ended 31 December 2024, with total incoming resources of £725,072 and total expenditure of £752,822. The balance sheet shows total net liabilities of £132,814, and the going concern basis is explicitly dependent on the continued support of loan creditors.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between 1 and 3 months of the resources expended, which equates to £50,000 to £150,000 in general funds (held: £133k)
“The Trustees, are working towards a policy to whereby the unrestricted funds, not committed or invested in tangible assets (‘the free reserves’) held by the charity should be between 1 and 3 months of the resources expended, which equates to £50,000 to £150,000 in general funds.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“As stated on page 7, the accounts have been prepared on a going concern basis. This is dependent on the continued support of the loan creditors shown in Note 7 to the accounts.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Smiles Foundation (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£725k
Total spending
£753k
Cost of raising funds
£1k
Reserves (reported)
£133k
Employees
0

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leeds City · Romania

Income and spending

Financial year endIncomeSpending
31/12/2024£725k£753k
31/12/2023£731k£601k
31/12/2022£593k£710k
31/12/2021£338k£252k
31/12/2020£421k£346k

Common questions

Is THE SMILES FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a decrease in unrestricted funds of £27,750 for the year ended 31 December 2024, with total incoming resources of £725,072 and total expenditure of £752,822. The balance sheet shows total net liabilities of £132,814, and the going concern basis is explicitly dependent on the continued support of loan creditors. Its FY2024 accounts were independently examined.

Who funds THE SMILES FOUNDATION?

Funders whose own accounts filings name THE SMILES FOUNDATION as a grant recipient include GORSLEY BAPTIST CHURCH.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
GORSLEY BAPTIST CHURCHFY2022£500Global Mission