HAPPY FACES ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Charity Number- 1101620 HAROLD SMITH CHARTERED ACCOUNTANTS ST ASAPH & CRICCIETH HAPPY FACES CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Charlty Number 1101620 Trustees Ray Herbert Callum Bartley Tracey Baxter Denise Whittle Alan Pollock David Brierley Mark Williams Roz Slater Charity Address Tourist Information Centre Rhos Promenade Rhos on Sea Colwyn Bay LL28 4EN Accountants Harold Smith Unit 32 Llys Edmund Prys St Asaph Business Park Denbighshire LL17 OJA INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HAPPY FACES (REGISTERED CHARITY NO. 1101620) We report on the accounts for the year ended 31 March 2025 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees It is my responsibility to.. examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down by 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 independent examAner's report Our examination was carried out in accordance with the General Directions given by the Charity Independent examiner's statement In connection with our examination, no matter has come to our attention.. (1) which gives us reasonable cause to believe that in any material respect the requirements. to keep accounting records in accordan￿ with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met,. or (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding Dated................................. Simon Murray-williams FCA for and on behalf of Harold Smith Chartered Accountants St. Asaph Business Park Denbighshire LL17 OJA HAPPY FACES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 General 2025 TOTAL 2025 TOTAL note Incoming Resources Donations and legacies 100,609 100,609 70,588 Charitable Activities 7,682 7,682 10,429 Other trading Activities 87,046 87,046 61,741 Total Income 195,337 195,337 142,757 Resources Expended Raising Funds 45,794 45,794 25,128 Charitable Activites 137,448 137,448 99,299 Governance Costs 930 930 852 Total Expenditure 184,172 184,172 125,279 Net 11,165 11,165 17,478 HAPPY FACES BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 ASSETS: FIXED ASSETS.. 2,333 5,164 CURRENT ASSETS: Stock Cash at Bank Cash in Hand 44,650 79,065 2,102 38,415 71,742 2,325 125,817 112,482 LIABILITIES: CURRENT LIABILITIES: Trade Creditors Other Creditors 930 852 739 930 1,591 NET ASSETS: 127,220 116.055 CAPITAL & RESERVES (REPRESENTED BY): PROFITI(LOSS) IN THE YEAR: 11,165 17,478 CAPITAL BIF: 116,055 98,577 CAPITAL CIF: 127.220 116,055 HAPPY FACES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 BASIS OF PREPARATION The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the U K and Republic of Ireland {FRS 1021 issued on 16 July 2014 and with the Charities Act 2011. No changes to accounting estimates have occurred in the reporting period13.46 FRS 102 SORPI. No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). NOTE 1 . ACCOUNTING POLICIES Recoanition of incomlna resources These are included in the Statement of Financial Activities (SoFA} when.. the charity becomes entided to the resources-, the trustees are virtually ￿rtain they will re￿1Ve the reSour￿S., and the monetary value Gan be measured with sufficient reliability. Incoming resources with related expenditure Where incoming resources have related expenditure (as with fundraising or contract income) the inGoming resources and related expenditure are reporied gross in the SOFA. Grants and donations Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Contractual income and performance related grants This is only included in the SOFA once Ihe related goods or ServI￿S have been delivered. Llability recognition Liabilities are recognised as soon as there is a legal or constructive obligalion committing the charity to pay out resour￿8. Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and Gost of any legal adviGe to trustees on governanGe or constitutional matters. Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of Servi￿ or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified se￿1¢0 or output. Grants payable without performance conditions These are only recognised in the accounts when a commitment has been made and there are no conditions to b@ met relating to the grant which remain in the control of the charity. Tangible fixed assets for use by charity Fixed assets are stated at cost less accumulated depreciation. Provision for depreciation of fixed assets held for use by the charity is made at annual rates calculated to spread the cost {less anticipated residual disposal value) of each asset evenly over its expected useful life. HAPPY FACES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 NOTE 2: ANALYSIS OF INCOMING RESOURCES General MAR 2025 MAR 2024 TOTAL TOTAL Donation and Le acies Donations Gift Aid 90,499 10,110 90,499 70,588 100,609 100,609 70,588 Charitable Activities Grants Events 7,682 7.682 10,429 7,682 7,682 10,429 Other tradin Activities Shop Income Lottery 86,430 616 86.430 616 61,741 87,046 87.046 61,741 Total Income 195,337 195,337 142,758 HAPPY FACES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 NOTE 3: ANALYSIS OF RESOURCES EXPENDED General MAR 2025 TOTAL MAR 2024 TOTAL Raisin Funds Purchases 45,794 45,794 25,128 45,794 45,794 25,128 Charitable Activities Rent Room Hire and Show Expenses Insurance Cleaning Repairs and maintenance Printing, postage and stationery Website costs Advertising Hire of equipment Marathon Entry Fees Just Giving Fees Motor running expenses Appeals Uniforms Raffle Prizes Bank Charges Subscriptions Sundry expenses - allowable Transfers Depreciation on FF & E Depreciation on motor vehicles Hire purchase interest Loss on disposal 16.602 1.910 2.151 1.539 1,843 2,202 16,602 1,910 2,151 1,539 1,843 2,202 11.178 3.088 1.584 1.362 888 2,463 646 2,469 4,440 216 6,055 93.010 269 470 535 102 646 2.469 4.440 216 6,055 93,010 269 470 535 102 1,080 3,446 2,220 7,656 57.405 852 3,594 3,594 4,123 165 165 152 1,443 354 74 (850) 74 (850) 137.448 137,448 99,299 Governance Costs ACCOUNTANCY 930 930 852 930 930 852 HAPPY FACES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 NOTE 4: TANGIBLE FIXED ASSETS Fixture, fittings & Equipment Motor Vehlcles Total Cost At 1st April 2024 Additions Dipsoal 2,614 283 17,614 20,228 283 117,614) (17,614) At 31st March 2025 2,897 2,897 Depreciaion At 1 st April 2024 Charge for the year Charge on Disposal At 31st March 2025 1,249 165 11,842 13,091 165 111,8421 1,414 (11,8421 1,414 Net book value At 31st March 2024 1,196 3,968 5,164 At 31st March 2025 1,483 1,483 NOTE 5: RELATED PARTY TRANSACTIONS There are no related party transactions during the year.