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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 02639512 (England and Wales) REGISTERED CHARITY NUMBER: 1010943

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

HAPPY DAYS CHILDRENS CHARITY

GB Accounting Solutions Limited Building 115 Bedford Technology Park Thurleigh Bedford Bedfordshire MK44 2YA

HAPPY DAYS CHILDRENS CHARITY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2023

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 23
Detailed Statement of Financial Activities 24 to 25

HAPPY DAYS CHILDRENS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2023

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 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The principal objectives of the Charity are:

  1. to help and educate young persons, through their leisure-time and holiday activities, so as to develop their physical, mental and spiritual capabilities that they may grow to full maturity as individuals and that their conditions of life may be improved.

  2. to advance the education of young people by the provision of facilities for holidays.

Public Benefit

The Charity exists for the public benefit and our Memorandum and Articles of Association commit us to providing respite breaks through leisure and holiday activities for children with special needs.

The Trustees have given regard to the Charity Commission's guidance on public benefit when setting the aims and objectives for the year.

The main policies adopted are respite break family holidays of a 2 - 3 night duration and family day trips for children with special needs, i.e. children who are sick, disabled, abused, neglected and/or disadvantaged by poverty and children who have a life limiting condition, to a variety of destinations both in the UK and in day trips to theme parks, theatres, zoos and other attractions for groups of special needs children throughout the UK, residential group activity holidays and live performing arts experiences for groups of children in the UK.

The children are nominated in several ways:

a) Through Social Services b) From schools/centres for children with special needs c) From doctors, nurses and health visitors d) From parents and/or guardians e) Support groups f) Women's refuge centres g) Other Charitable organisations

There have been no material changes in the policy of the Charity in this period.

Volunteers

The Charity receives no material donated services and places a minimal reliance on volunteers.

Page 1

HAPPY DAYS CHILDRENS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2023

ACHIEVEMENT AND PERFORMANCE

Charitable activities

We are pleased that we are recovering well following the pandemic. The charity managed to significantly increase its income through its fundraising efforts which has resulted in a larger expenditure and many more thousands of children have benefited.

The number of children helped was 33,139 (2022: 23,943). 26,766 children were able to experience a performing arts production. 4,358 children went to either a theme park, zoo, animal park, seaside or place of interest. The Charity provided family breaks for 341 children and their families to various destinations across the UK. We also enabled 1,664 children to benefit from a group activity holiday to various centres across the UK, and also a few abroad.

We have been able to give some of the most needy and vulnerable children in our society the magic of live theatre, educational trips, outings of pure fun and excitement to many diverse attractions across the whole UK. Respite breaks were arranged for families with special needs children who were able to spend some quality time together in a more tranquil setting. Many of the children have complex medical problems and some sadly have a life limiting condition. Every positive experience that can be brought into a child's life is so valuable in what can be a very uncertain future. We wish to express our thanks and gratitude to all our donors - for their continued and invaluable support, enabling us to help a record number of children. Not forgetting any community foundations, companies, individuals and Grant Making Trusts for their kind support e.g.The Big Lottery, Awards For All and the Freemasons across the UK to name but a few.

The benefits for the children

Visiting theatre performances and trips to the theatre

The performances teach the children about the world, about history, about geography, about people and emotions. The performances promote empathy and help the children to understand themselves and others. By experiencing live theatre the children can enhance their creativity, imagination and understanding of different perspectives and emotions. The experience of music, drama and live theatre is not one that the children usually experience. It is a very positive experience that supports positive mental health and attitudes. The children join in and engage in a very immersive opportunity. The children rarely, if ever, get to see live performing arts and so these performances are a wonderful opportunity to introduce that magic into their lives.

Residential group activity holidays

The residential group activity holidays enable children with disabilities to achieve their true potential through the challenge of outdoor adventurous activities in the countryside. The residential courses are individually designed to promote education, inclusion, independence and self- motivation for those with even the most severe disabilities. every young person should experience the world beyond home and classroom as an essential part of learning and personal development whatever their ability or circumstances. According to research people with complex learning needs are more susceptible to emotional and mental health conditions than the rest of the population. The growing body of evidence indicates that greater exposure to, or contact with natural environments and time spent on holiday is associated with better physical, social and emotional well- being.

Holidays

Caring for a child with special needs is an enormous responsibility and one taken gladly by the parents. However. a break away means that the family spend quality time together bonding, resting and having some much needed fun. They get to spend time away from their day to day cares and worries.

Day trips

The children go to all sorts of wonderful venues such as theatres, wildlife parks, theme parks and places of interest in towns, cities and the countryside. These opportunities help to improve their social and communication skills. The children rarely, if ever get day trips out and these are wonderful opportunities for them.

These opportunities enable the children and their families to take part in an activity more often enjoyed by the wider community, thereby promoting social inclusion.

Page 2

HAPPY DAYS CHILDRENS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2023

ACHIEVEMENT AND PERFORMANCE

The Charity to date has helped in excess of 350,000 children across the United Kingdom to attend many diverse attractions, to enable the children's lives to be more enriched and that they have experienced something positive that can be built on towards their future development. For many of the children it will be a first time experience outside of their normal environment, which will broaden their outlook and help improve their social skills.

We are very grateful for the continued support in the coming year from various trusts, companies and individuals. We are determined to reach as many children as possible who need our help. We are pleased to hear positive feedback from families and groups who have had family breaks and outings. This helps us to evaluate the work we do and that we can ensure that the types of activities undertaken are of great benefit to the children, not just with the immediate effect but with the longer term benefit of renewed strength of spirit, positive well being, confidence and forward going thinking. Happy Days is very keen to benefit as many children from poor socio-economic backgrounds and minority groups, thereby creating harmony and integration into the community.

As we approach the new financial year we do so with optimism and determination that we will help more children with special needs and disabilities to have positive experiences to improve their well-being.

FINANCIAL REVIEW

Reserves policy

Reserves now stand at 6 months of expenditure. This is to ensure that the charity has sufficient funds in place to continue its activity.

The charity had a deficit of £93,020 at the year end which was funds which we were not able to spend on activities in the previous year due to the pandemic and this was expended in the year ending 31st March 2023.

Total incoming resources for the year ended 31st March 2023 amounted to £977,520 (2022: £817,358). Total payment and support costs for respite break family holidays and leisure time activities of £810,459 were expended during the year to 31st March 2023 (2022: £572,872). At the year end Unrestricted Funds carried forward amounted to £226,668 (2022: £285,721. Total restricted income was £658,444 of which £692,411 was expended during the year. This left an unexpended balance of £119,102 at 31st March 2023 (2022: £153,069).

Happy Days is very dependent on income from the general public and business sector alike. Happy Days does not benefit from local government grants and is solely dependent on its own fundraising.

The charity's funds have been applied as follows:

  1. To provide funding towards residential activity for groups of special needs children within the accepted criteria..

  2. To provide day trips/group outings to children within the accepted criteria.

  3. To provide trips to performing arts productions and visiting theatre performances to children within the accepted criteria.

  4. To provide family day trips and family holidays for children within the accepted criteria.

  5. To the running costs of the families and day trips department which enables the above activity to take place.

  6. To the costs of the Charity's fundraising activity and further expanding the fundraising activity.

  7. To pay for the running of the Charity.

  8. To setting aside sufficient reserves which may be called upon in the eventuality of priority cases, or an emergency such as the recent pandemic to continue its activity.

Page 3

HAPPY DAYS CHILDRENS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2023

FUTURE PLANS

The Charity remains cautious in the present financial climate, but still hopes to help more children in the next year, and will be seeking to gain new donors. This will help to create a steady income for the Charity. Happy Days is looking forward to working with corporate sponsors and grant making trusts and for many children to benefit as a result.

The Charity intends to help groups of children who are suffering from life-limiting conditions by way of wonderful days out in addition to the holidays presently undertaken.

The demand for help for children falling into the Charity's criteria is ever on the increase. The Charity intends to continue its policy for increasing the amount of day trips/group outings. The trustees wish to see children benefiting from inner city areas and minority groups and are keen to invite applications from such groups, thereby creating harmony and integration into the community. The Charity wishes to encourage the referrals of families with children who have special needs on low incomes/in receipt of benefits to apply for assistance. We also wish to see the children benefiting from the day trip activity to be more involved in the actual planning and evaluating of the trip activity.

It is felt that providing such activities for the children within the criteria stated, who are often in despair, will help promote greater spiritual well being. This will encourage renewed energy and determination to tackle the ongoing situation or to continue to cope with tragic circumstances.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The company was incorporated on 21st August 1991, as a company limited by guarantee, not having a share capital and being a registered charity in England and Wales. The governing document of the company is its Memorandum and Articles.

Recruitment and appointment of new trustees

The Charity seeks to have on its board, members with the right skills set to enable it to be managed in an effective manner. Any new appointment is made at a properly constituted trustees' meeting.

Organisational structure

The Chief Executive of the Charity is supported by two senior managers in the day to day running of the Charity. These are the Director of Fundraising and the Fundraising Manager. There is full support from an administration team. Only senior managers and administration members have authority limits for ordering purposes which are: £250 - £500. Authorisation of any commitments up to £1,000 need to be approved by the Chief Executive and commitments above £1,000 can only be entered into when signed off by a trustee.

Induction and training of new trustees

New trustees receive the necessary induction in regard to responsibilities and visit the office of the Charity to meet all members of staff, looking through the charity literature including recent accounts and minutes of trustees' meetings and finally meeting with Senior Management and existing trustees.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

02639512 (England and Wales)

Registered Charity number

1010943

Registered office

Unit 6 & 7 The Glover Centre 23 - 25 Bury Mead Road Hitchin Hertfordshire SG5 1RP

Page 4

HAPPY DA YS CHILDREFS CIIARITY RF.PORT Ob THE TRUSTEFS TrOR TIIF. YF.AR EfDED 31 Mxrrh 2023 Trustet5 M]sDEMay Mrs R RL*S Mr5 Ll ti Russell Mrj Seitnes Company Secretary Mr5 B (J Russell Independeni Ex￿ther GerBld Hywavcs GB Accounting Soluiion5 Limited B¢dford Tec]Jnolo8y PaTk Thuri¢igh Bcdford Bedfordshire MK44 2YA B4nkers The Cwtive Bank PLC PO Box 250 Skclmersdale Lan¢ashir¢ WN86WT 50litiiors Taylor Walton Soltcitois 28- 44 AlnTr Streei Lu¢on LUI 2P1. Chief Extcutlve Mr R Sinclair 14.... fuLY Z023 Approved by orthrof the Ix)xtd of trus￿ OD. . 8fy1 on its behalf by: MT5 B G Ruwll. Secretary

INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF HAPPY DAYS CHILDRENS CHARITY Ind¢pendeDt examiner's report to the trnstees of Happy DAY5 ChiklreD5 Chrity ('the cott)￿ny.) I rew)rt to the charity tru51tts OTr my examination of the a¢¢out)ts of the Company for theye4r ended 31 ma￿ 2013. Respon$iblli¢ks Dd h$is of r¢port As the charity'5 trustees of the Cornpany (and a]so its dTre¢wts ￿ the of comwy knv) you ar¢ Tesp)nsibl¢ for the prep4Tion ofth¢ a¢counts in aceordatKe with the requirements ofthe c(￿p￿leS Act 2[￿ Cthe 2(￿ ACV). H8￿n8 satisfied mys¢lf that th¢ a¢eounts of the ComrAny not requÈred to E¢ audite4J unts Part 16 of the 2C(15 Act aTLd aTe eligible for independent examinion. l le￿n ID resped of my examinatson of your chariws aLrounts &s calried out under S￿tIon 145 of the Chariiies Act 2011 {￿e 2011 Ad). ITh c4nyin8 ￿ my examin￿lOn I have followed the DiTKtioths given by the Charity Comrnission und¢rS¢¢tion 145151 (b) ofth¢ 2011 Act. Independemt stst¢m¢nt Since your charity's w5s Èncornc exceeded £250.OLX) your examiner must b¢ a m¢mixr of a listed t￿y. I c4n confimi that l am qualified to undertake the examin*ion knuse l am a mcmber of the A$S￿latIOn of Accounting Te¢hniciAns. which is one of th¢ iK#Jies. I have completed my examin81ion. I ￿nfi￿n rK) matters have me ￿ my attention in 0)nn￿lOn with the exfflnination giving m¢ wse to believ Iting records were not kept in ffSFttt of the Compgny ls tequired by S¢ctts)n 386 ofthe 2006 ACL. or the accounts do not accord with kn r￿rdS. the acc(rtmts do not comply with the a￿oI1DtITr8 rqu1retD￿ of SectKsn 396 of the 2￿6 Act other than any r4uiT¢m¢Tht that the accounts 8ive a trut and fair vi¢w which is Tr)t a nwtt¢¥ CO￿ldered ¥ p&rt of lln indtptsn eXami[￿tiOn.. or the accounts have not been p]rpaYed in accordance wtth the mdhLwJs 3￿j principles of the Siatement of Recommended Praai¢e for accounting and reFrf)rting by Charities (applicable to charities prei>arin8 their aLwunts accordance with the Financth] Rewrting applicable in the UK and Republic of l]rland IFRS 102)). I have no eonLxns 8rtd have come auoss Th) other matters In LX)tinection with the examination to whi¢h atteDtii)n slKJuld be drawn iti this le￿rt in orderio enabl¢ ¥ prow understsnding of the a¢￿￿ts to be rea¢h￿. Gerald BygrdVCS The Association of Aco)unting Tethni¢ians GB Accounting Solutions Limiied Building 115 Bedford T￿h￿l9￿ Park Thurleigh Bedford Bedfordshire MK44 2YA 18 July 2023 P8ge 6

HAPPY DAYS CHILDRENS CHARITY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2023

Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
4
Holidays and outings
Administration
Activities for generating funds
2
Investment income
3
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Holidays and outings
Administration
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
-
-
318,450
626
319,076
121,283
118,048
138,798
378,129
(59,053)
285,721
226,668		 Restricted
funds
£
658,444
-
-
-
658,444
-
692,411
-
692,411
(33,967)
153,069
119,102		 31.3.23
Total
funds
£
658,444
-
318,450
626
977,520
121,283
810,459
138,798
1,070,540
(93,020)
438,790
345,770		 31.3.22
Total
funds
£
410,265
42,201
364,842
50
817,358
105,052
572,872
127,967
805,891
11,467
427,323
438,790

The notes form part of these financial statements

Page 7

HAPPY DAYS CHILDRENS CHARITY

BALANCE SHEET 31 March 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
13
19,841
CURRENT ASSETS
Debtors
14
65,043
Cash at bank
184,448
249,491
CREDITORS
Amounts falling due within one year
15
(21,770)
NET CURRENT ASSETS
227,721
TOTAL ASSETS LESS CURRENT
LIABILITIES
247,562
CREDITORS
Amounts falling due after more than one year
16
(20,894)
NET ASSETS
226,668
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
119,102
119,102
-
119,102
119,102
-
119,102		 31.3.23
Total
funds
£
19,841
65,043
303,550
368,593
(21,770)
346,823
366,664
(20,894)
345,770
226,668
119,102
345,770		 31.3.22
Total
funds
£
32,092
69,683
382,526
452,209
(18,033)
434,176
466,268
(27,478)
438,790
285,721
153,069
438,790

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 8

HAPPY DAYS CIIII.DREfiS CIIARITY BAL4NL CE SHEET- tonllnued 31 Marrh 2023 These fi]Jartcval stsyn¢nts have beetl prcpared in XCOrdan￿ with th pmvisicw 4wli<abl¢ to th￿11ab]e compaDies subj￿1 10 the small cottwanits witne. Th¢ fina￿la1 Sta￿met]l8 wtte appovol by tl B(bArd of Trumecs and for issu¢ ffi."..IAW. LOIJ. ...... aryj W¢T¢ sig[￿d (m its behalf by: Jrt7 MTrDE Th¢ wtfs form part of dx5¢ fill￿￿11 tst¢mtnls

HAPPY DAYS CHILDRENS CHARITY

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 March 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest element of hire purchase payments
paid
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
Cash flows from financing activities
Loan repayments in year
Capital repayments in year
Net cash used in financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 31.3.23
£
(72,108)
(910)
(73,018)
-
-
626
626
-
(6,584)
(6,584)
(78,976)
382,526
303,550		 31.3.22
£
(756)
(910)
(1,666)
(20,511)
9,710
50
(10,751)
(50,000)
4,000
(46,000)
(58,417)
440,943
382,526

The notes form part of these financial statements

Page 10

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 March 2023

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Profit on disposal of fixed assets
Interest received
Interest element of hire purchase and finance lease rental payments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash used in operations		 31.3.23
£
(93,020)
12,251
-
(626)
910
4,640
3,737
(72,108)		 31.3.22
£
11,467
9,689
(5,140)
(50)
910
(15,780)
(1,852)
(756)

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/22 Cash flow At 31/3/23
£ £ £
Net cash
Cash at bank 382,526 (78,976) 303,550
382,526 (78,976) 303,550
Debt
Finance leases (34,062) 6,584 (27,478)
(34,062) 6,584 (27,478)
Total 348,464 (72,392) 276,072

The notes form part of these financial statements

Page 11

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Governance costs

The Charity has identified the major costs of governance as both external costs related to the Charity Auditors and software providers and a proportion of the costs of the Chief Executive. These salary costs have been estimated on time spent on trustee related activities.

Allocation and apportionment of costs

Staff salaries are allocated on the following basis:-

Fundraising - 34% Direct charitable expenditure - 30% Management and administration - 36%

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings - 25% on reducing balance Motor vehicles - 25% on reducing balance

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 12

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

1. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the Balance Sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. ACTIVITIES FOR GENERATING FUNDS

Fundraising events
3.
INVESTMENT INCOME
Deposit account interest
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants and donations
Holidays and outings
Government grants
Administration		 31.3.23
£
318,450
31.3.23
£
626
31.3.23
£
658,444
-
658,444		 31.3.22
£
364,842
31.3.22
£
50
31.3.22
£
410,265
42,201
452,466

continued...

Page 13

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

5. RAISING FUNDS

Raising donations and legacies

Raising donations and legacies
Staff costs
Fundraising costs
Postage and stationery
Motor expenses		 31.3.23
£
87,616
16,236
12,521
4,910
121,283		 31.3.22
£
90,314
4,989
7,758
1,991
105,052

6. CHARITABLE ACTIVITIES COSTS

Holidays and outings
Administration
GRANTS PAYABLE
Holidays and outings
SUPPORT COSTS
Management
£
Holidays and outings
-
Administration
118,632
118,632		 Direct
Costs
£
92,239
531
92,770
Finance
£
-
12,251
12,251		 Grant
funding of
activities
Support
(see note
costs (see
7)
note 8)
£
£
692,411
25,809
-
138,267
692,411
164,076
31.3.23
£
692,411
Support
Governance
costs
costs
£
£
25,809
-
-
7,384
25,809
7,384		 Totals
£
810,459
138,798
949,257
31.3.22
£
453,926
Totals
£
25,809
138,267
164,076

7. GRANTS PAYABLE

8. SUPPORT COSTS

continued...

Page 14

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.23 31.3.22
£ £
Depreciation - owned assets 102 104
Depreciation - assets on hire purchase contracts and finance leases 12,149 9,585
Other operating leases 27,376 28,741
Surplus on disposal of fixed assets - (5,140)

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

11. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Fundraising
Support
Administration		 31.3.23
£
229,208
23,227
5,280
257,715
31.3.23
3
3
3
9		 31.3.22
£
239,624
20,936
5,070
265,630
31.3.22
3
3
3
9

No employees received emoluments in excess of £60,000.

Page 15

continued...

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Holidays and outings
-
Administration
42,201
Activities for generating funds
364,842
Investment income
50
Total
407,093
EXPENDITURE ON
Raising funds
105,052
Charitable activities
Holidays and outings
118,946
Administration
127,967
Total
351,965
NET INCOME/(EXPENDITURE)
55,128
RECONCILIATION OF FUNDS
Total funds brought forward
230,593
TOTAL FUNDS CARRIED FORWARD
285,721
13.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 April 2022 and 31 March 2023
32,402
DEPRECIATION
At 1 April 2022
32,299
Charge for year
102
At 31 March 2023
32,401
NET BOOK VALUE
At 31 March 2023
1
At 31 March 2022
103		 Restricted
funds
£
410,265
-
-
-
410,265
-
453,926
-
453,926
(43,661)
196,730
153,069
Motor
vehicles
£
48,595
16,606
12,149
28,755
19,840
31,989		 Total
funds
£
410,265
42,201
364,842
50
817,358
105,052
572,872
127,967
805,891
11,467
427,323
438,790
Totals
£
80,997
48,905
12,251
61,156
19,841
32,092

Page 16

continued...

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

13. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor
vehicles
£
COST
At 1 April 2022 and 31 March 2023 48,595
DEPRECIATION
At 1 April 2022 16,606
Charge for year 12,149
At 31 March 2023 28,755
NET BOOK VALUE
At 31 March 2023 19,840
At 31 March 2022 31,989
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Other debtors 65,043 69,683
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Hire purchase (see note 17) 6,584 6,584
Social security and other taxes 5,430 4,976
Accrued expenses 9,756 6,473
21,770 18,033

continued...

Page 17

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

16.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Hire purchase (see note 17)
17.
LEASING AGREEMENTS
Minimum lease payments under hire purchase fall due as follows:
Net obligations repayable:
Within one year
Between one and five years
18.
MOVEMENT IN FUNDS
At 1/4/22
£
Unrestricted funds
General fund
285,721
Restricted funds
North West
14,300
North East
2,860
Yorkshire
11,664
West Midlands
14,900
East Midlands
8,108
East of England
8,100
London
-
South
8,000
South East
31,000
South West
14,304
UK Wide
25,550
Scotland
9,458
Wales
3,025
Northern Ireland
1,800
153,069
TOTAL FUNDS
438,790
31.3.23
£
20,894
31.3.23
£
6,584
20,894
27,478
Net
movement
in funds
£
(59,053)
(8,162)
618
(10,164)
708
(4,532)
500
1,500
(2,000)
(12,110)
(11,146)
3,204
1,942
7,475
(1,800)
(33,967)
(93,020)		 31.3.22
£
27,478
31.3.22
£
6,584
27,478
34,062
At
31/3/23
£
226,668
6,138
3,478
1,500
15,608
3,576
8,600
1,500
6,000
18,890
3,158
28,754
11,400
10,500
-
119,102
345,770

continued...

Page 18

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

18. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Restricted funds
North West
North East
Yorkshire
West Midlands
East Midlands
East of England
London
South
South East
South West
UK Wide
Scotland
Wales
Northern Ireland
TOTAL FUNDS		 Incoming
resources
£
319,076
59,714
17,728
40,698
69,413
44,372
31,100
3,500
28,045
71,051
14,385
209,650
55,530
13,258
-
658,444
977,520		 Resources
expended
£
(378,129)
(67,876)
(17,110)
(50,862)
(68,705)
(48,904)
(30,600)
(2,000)
(30,045)
(83,161)
(25,531)
(206,446)
(53,588)
(5,783)
(1,800)
(692,411)
(1,070,540 )		 Movement
in funds
£
(59,053)
(8,162)
618
(10,164)
708
(4,532)
500
1,500
(2,000)
(12,110)
(11,146)
3,204
1,942
7,475
(1,800)
(33,967)
(93,020)

continued...

Page 19

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
North West
North East
Yorkshire
West Midlands
East Midlands
East of England
South
South East
South West
UK Wide
Scotland
Wales
Northern Ireland
TOTAL FUNDS		 At 1/4/21
£
230,593
28,844
-
4,001
30,378
10,500
6,200
5,300
21,124
10,458
52,217
21,958
2,250
3,500
196,730
427,323		 Net
movement
in funds
£
55,128
(14,544)
2,860
7,663
(15,478)
(2,392)
1,900
2,700
9,876
3,846
(26,667)
(12,500)
775
(1,700)
(43,661)
11,467		 At
31/3/22
£
285,721
14,300
2,860
11,664
14,900
8,108
8,100
8,000
31,000
14,304
25,550
9,458
3,025
1,800
153,069
438,790

continued...

Page 20

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

18. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
North West
North East
Yorkshire
West Midlands
East Midlands
East of England
London
South
South East
South West
UK Wide
Scotland
Wales
Northern Ireland
TOTAL FUNDS		 Incoming
resources
£
407,093
69,676
12,870
27,280
57,187
31,540
20,759
3,672
20,759
60,211
21,297
47,055
32,966
4,993
-
410,265
817,358		 Resources
Movement
expended
in funds
£
£
(351,965)
55,128
(84,220)
(14,544)
(10,010)
2,860
(19,617)
7,663
(72,665)
(15,478)
(33,932)
(2,392)
(18,859)
1,900
(3,672)
-
(18,059)
2,700
(50,335)
9,876
(17,451)
3,846
(73,722)
(26,667)
(45,466)
(12,500)
(4,218)
775
(1,700)
(1,700)
(453,926)
(43,661)
(805,891)
11,467

continued...

Page 21

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
North West
North East
Yorkshire
West Midlands
East Midlands
East of England
London
South
South East
South West
UK Wide
Scotland
Wales
Northern Ireland
TOTAL FUNDS		 At 1/4/21
£
230,593
28,844
-
4,001
30,378
10,500
6,200
-
5,300
21,124
10,458
52,217
21,958
2,250
3,500
196,730
427,323		 Net
movement
in funds
£
(3,925)
(22,706)
3,478
(2,501)
(14,770)
(6,924)
2,400
1,500
700
(2,234)
(7,300)
(23,463)
(10,558)
8,250
(3,500)
(77,628)
(81,553)		 At
31/3/23
£
226,668
6,138
3,478
1,500
15,608
3,576
8,600
1,500
6,000
18,890
3,158
28,754
11,400
10,500
-
119,102
345,770

continued...

Page 22

HAPPY DAYS CHILDRENS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2023

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
North West
North East
Yorkshire
West Midlands
East Midlands
East of England
London
South
South East
South West
UK Wide
Scotland
Wales
Northern Ireland
TOTAL FUNDS		 Incoming
resources
£
726,169
129,390
30,598
67,978
126,600
75,912
51,859
7,172
48,804
131,262
35,682
256,705
88,496
18,251
-
1,068,709
1,794,878		 Resources
expended
£
(730,094)
(152,096)
(27,120)
(70,479)
(141,370)
(82,836)
(49,459)
(5,672)
(48,104)
(133,496)
(42,982)
(280,168)
(99,054)
(10,001)
(3,500)
(1,146,337 )
(1,876,431 )		 Movement
in funds
£
(3,925)
(22,706)
3,478
(2,501)
(14,770)
(6,924)
2,400
1,500
700
(2,234)
(7,300)
(23,463)
(10,558)
8,250
(3,500)
(77,628)
(81,553)

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

20. SHARE CAPITAL

The company is limited by guarantee and has no issued share capital. The liability of members is limited to £1.

Page 23

HAPPY DAYS CHILDRENS CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2023

INCOME AND ENDOWMENTS
Activities for generating funds
Fundraising events
Investment income
Deposit account interest
Charitable activities
Grants and donations
Government grants
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising wages
Social security
Pensions
Fundraising costs
Postage and stationery
Motor expenses
Charitable activities
Wages
Social security
Pensions
Grants to individuals
Administration costs
Management
Wages
Social security
Pensions
Rent and service charges
Rates and insurance
Computer expenses
Repairs and renewals
Carried forward		 31.3.23
£
318,450
626
658,444
-
658,444
977,520
77,931
7,890
1,795
16,236
12,521
4,910
121,283
82,514
8,355
1,901
692,411
785,181
68,763
6,982
1,584
18,263
984
4,998
321
101,895		 31.3.22
£
364,842
50
410,265
42,201
452,466
817,358
81,471
7,119
1,724
4,989
7,758
1,991
105,052
86,284
7,536
1,825
453,926
549,571
71,869
6,281
1,521
19,161
1,120
8,394
278
108,624

This page does not form part of the statutory financial statements

Page 24

HAPPY DAYS CHILDRENS CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2023

Management
Brought forward
Telephone
Postage and stationery
Motor expenses
Bank charges
Staff welfare
Hire purchase interest
Finance
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets
Support costs
Rent and service charges
Rates and insurance
Computer expenses
Repairs and renewals
Telephone
Postage and stationery
Governance costs
Accountancy and legal fees
Total resources expended
Net (expenditure)/income		 31.3.23
£
101,895
2,040
6,256
4,910
1,325
1,296
910
118,632
12,251
-
12,251
9,113
493
2,501
161
1,020
12,521
25,809
7,384
1,070,540
(93,020)		 31.3.22
£
108,624
2,145
3,879
1,991
1,242
607
910
119,398
9,689
(5,140)
4,549
9,580
560
4,192
139
1,072
7,758
23,301
4,020
805,891
11,467

This page does not form part of the statutory financial statements

Page 25