Charfty Reglstratlon No. 1116809
Company Registrat[￿ No. 05935028 (England and Wales)
HAPPY CHILD INTERNATIONAL
UNAUDITED ACCOUNTS
FOR ThE YEAR ENDED 31 DECEMBER 2023
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COklPANIES PI(XISE
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HAPPY CHILD INTERNATIONAL
LEGALAND ADMINISTRATIVE INFORMATION
Trustees:
aive Teuten (Finan￿ Director)
Cristina Cortes
Evelyn Kangoya
Jennie Sullivan
Joao Martinez da Cruz
John Doddrell (Chairl
John Herring
Mark A Pinks Isecretaryl
Secretary:
Mark A Pinks
Charity number-
1116809
Company number:
05935028
Principal address..
The Leatherhead Institute
67 High Street
Leatherhead
Surrey
KT22 &4H
United Kingdom
Registered office:
The Leatherhead Institute
67 High Street
Leatherhead
Surrev
KT22 8AH
United KinEdorn
Independent examiner:
Nicholaos loannou Kattirtzis {FCCAI
NRM Accountancy Servi￿$ Ltd
70 Wood Street
London E17 3HT

HAPPY CHILD INTERNATIONAL
CONTENTS
Paze
Trustees, Report {Incorporating the Directors. Report)
4-13
Independent Examinerfs Report
14
statement of Financial Activities
15
Balance Sheet
16
Notes to the Accounts
17-19
Detsiled Profit & Loss Account
20

HAPPY CHILD INTERNATIONAL
TRUSTEES, REPORT Ilncory>orating the Difectorfs Report)
FOR THE YEAR ENDED 31 December 2023
The Trustees present their report and accounts for the year ended 31 December 2023.
The accounts have been prepared in accordance with the accounting policies set OLrt in note I to the
accounts and cOm￿Y with the Charity's Memorandum and Artides of Association. the Companies
Act 2006 and Accounting and Reporting by Charities.. the Statement of Recommended Practicè
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 las amended for accounting periods
commencing from I" January 2019 .
Structure, governance and many&ment
The charity is a company limited by guarantee, incorporated on 14 September 2006, and registered
as a charity on 28 November 2006.
The company was established under a memorandum of association whith established the objects
and powers of the tharitable company and 15 governed under its articles of association.
A statement should be provided confirming that the major risks to which the tharity is exposed, as
identified by the trustees, have been revie•ied and systems or procedures have been established to
manaRe th95e risks.
All directors give their time voluntarily and receive no benefrts from the tharity- Any expense5
reclalmed from the charity are set out in note 11 to the accounts.
Trustees
The Trustees, who are also the directors for the purpose of company law. and who served during the
year were.
aive Teuten (Finance Director)
Cri5tina Cortes
Evelyn Kangoya
Jennie Sullivan
Joao Martlnez da Cruz
John Doddrell (Chairl
John Herring
Mark A Pinks (Secretary)
New Directors are appointed by a majority vote of the current board of directors. Directors are
selected based on the skills possessed to lill a vacant post on the board. The board invites a potential
dirertor to attend a meeting prior to their appointmenL
An induction process exists to familiarise new dirertors with the operations arKI strategy of the
Charity. Dirertors attend training courses when a need is identified by the board.

HAPPY CHILO If+ifERNATIONAL
TRUSTEES, REPORT (InC0fj￿ratln£ the Dirertorfs Report) (continued)
FOR THE YEAR ENDED 31 December 2023
The board of directors provides the strategic direction of the charity- The board meets every other
month to approve major decisions regarding events. communications wtth donors and the
operational relationship wwth its partner oreanisations in Brazil. Happy Child International assesses
whether its partners overseas meet all relewdnt legal requirements and follow good prartice.
Throughout this report.the Chariv will fefer to Happy Child International.
The Directors are grateful to all those who sUPPOrtthe work in artion, Eiving and prayer..
Staff. for theif dedication and commitment to the work of Happy Child International in 2023.
Volunteers, during the year our volunteers continued to provide a vital contribution to the
work of the charity, gimng their time. passion, and energy. Mostly our volunteers have
helped with fundraising and suppjrt to the office and events.
Supporters: who are individuals and churches loyally partnering with the vision of Happy
Child International.
Rlsk management
The trustees accept that the management of risk is ultimately their responsibility and having
examined the major strategic, business, and operational risks which the Charity faces, confirm that
appropriate control systems have been estsblished to manage and mitigate and regularly review
suth risks as far 8$ possible. The tharity is constantly reviewing its Risk Register at its regular Board
meeting5. Equally the Board are supplied with regular financial updates on the charivs income and
expenditsre in orderto monitor its fundraising activities and whether these are functioning or
whether it is necessary to review them. Happy Child International has put in place a set of strong
Safeguarding procedures to mitigate the risks of working with vulnerable children. This procedure
can be looked at on our website. Furthermore there are regular reporting procedures in place for
the monitoring of the projects and which are intended to faalitate financial and operational
accountability and transparency. Key Board Members and staff visit the projects annually through
self-funded or sponsored trips so as not to incur this expense on the charity.
Objettives and artl¥ftles
Public benefit focus on tnsuring that our activitles ach6eve ourcharitable alms. The
trustees review the aims, objective5. and activities of the charity each year. This review look5
at what the charity has achieved and the outcomes of its work within the last twelve
months. The directors consider the success of each key artivity and the benefits the charity
has brought to those groups of people that it is set up to help. The review

HAPPY CHILD INTERNATI(X4AL
TRUSTEES, REPORT {IncorporatlnE the Directorfs Report) Icontlnued
FOR THE YEAR ENDED 31 December 2023
also helps the trustees ensure the charity's aims. objective5 and artivities remain focused on
its stated purposes.
The trustees have referred to the guidance contained in the Charity Commission'5 general
guidan￿ on public benefit when reviewing the charity's aims and objectives and in planning
its future activities. In particular. the directors consider how planned activities will
contribute to the aims and objertives that have been 5eL
The Trustees have paid due regard to guidance issued by the Charity Commi5sion in deciding what
activities the charity should undertake.
The Charl￿5 vislon is"A world where every child and young person realises their full potential in a
safe and secure environmenf and its mlssion is to "Enable change and transformation in the live5 of
children. young people and their families by supporting them to reach their full potential and break
the cycle of extreme poverty". Through local partners, the Charity foster5 immediate and lasting
change in the lives of children* young people, and their families by advocating for their rights to
edLtcation and opportunities. prevention of and protection from violence. and family care for them
to break the cycle of poverty and realise their God given potential.
Values of the Charlty
We are passionate about promoting and defending the rights of children, young people. and their
families.
In the spirit of Christian tharity, we are commltted to providing unconditional love and support to
those we serve.
We are inclusive and strive to ensure that those we serve are heard and valued.
We are cooperatl¥e in the way we work and partner with others.
Prh)rlty themes and preferred ways ol workin8
The Charity works principalty, but rwx exclusively. in partnership with local church partners in
Northeast Brazil around..
l. Family care
2. Prevention of and protection from violerKe
3. Education
4. Skills development

HAPPY CHILD INTERt4ATIONAL
TRUSTEES. REPORT (Incorporating the Directorfs Report) (continued)
FOR THE YEAR ENDED 31 December 2023
l. Family ore
In 2023, Happy Child International continued to address the issue of early teenage pregnancy in
Northeast Brazil. Research published in 2021 (Brazilian Journal of Health Review, Curitiba, v 4, p
16044. Jul/Aug 20211 showed that 18% of the total number of new-borns in the State of
Pernambuco were to young girls in the 10- 19 age bracket- i.e.. 1.22210.8¥AI live births. The
situation in Pernambuco is Improvi￿ as in 2008 there were 32.730 live births to young girls but in
2018 numbers had fallen to 24,949 with a 4.5% drop. Nevertheless, research concludes that
numbers of young girls facing eady teen age pregnancy are still too high for this age group.
A multi-component approach has been implemented with our partner organisation to work with
young expectant mums coming from low-income communities. In 2022 12023, there were 19 young
mums aged between 15 to 23 who engaged with the programrne. One of them was unable to
remain but there was a 90% attendance rate to all scheduled activities. All the mum5 were triaged
for psychological 5UPPOrt and 73% of them received help. The programme tackled a number of key
topics such as caring for a new baby, the importance of having good nutrition and hygiene in the
home, the rights of new mums to aC￿sS the health care system, sex education and the use of
contraception, and Some workshops on how to top up income through micro enterprises. The
programme also provided monthly basic food baskets because food insecurity is sti51 a serious issue
locally. Approximately 8YA of the mums were encouraged to continue their studies or get further
training on completion of their first year in the programme. With the support of their extended
families, six of the cohort members returned to school. one managed to find work and three went
on to doing further training elsewhere and one of the young mums managed to secure an
apprenticeship with Gerdau SA. The programme continued to support all the young mums from
2022 as they are still quite vulnerable and have complex needs. The programme continued to invest
in developing the necessary skills for the young mums to set up and successfully manage their own
micro enterpri5e5 and five additional expectsnt young mums have joined the scheme. The
programme 3150 Started an early pregnancy prevention campaign in local schools titled Don't
Activote Mum Mode lor"Nao Ative o Modo Mae". in Portuguese). The campaign majored on raising
awareness about the possible consequences and challenges of early unplanned pregnancy as well as
running participatory workshops for the students to discuss and reflect on such matters.
Through our partners we also seek to Influen￿ government authorities and agencies at the
municipal, regional, and national levels on policies and decisions that affect children and young
people from vulnerable communities. Part of this work is done in collaboration with Specialised
Social Assistan￿ Reference Centres (known in Brazil 35 CREASI, and other social assirtance
networks. Participation in these networks enables us and our partners to keep up to date with
government policy concerning many of the issues that children and young people face in vulnerable
communities in the country.

HAPPY CHILD INTERNATIONAL
TRUSTEES, REPORT (Incorporating the Dirertorfs Report) (continued)
FOR THE YEAR ENDED 31 Decen*ei 2023
Z Pieveffttion ol and protection from ¥ioleTh¢e
Children in the poorer communities of Brazil are at a higher risk of violence and abuse. Simply by
offering opportunitie5 to supplement their education through local partners, Happy Child
International is helpirE to tske them off the streets and reduce the risk of violence against them.
Beyond that, the educational support they receive. coupled with adult support and mentoring.
provides the potential for Eainlng employment. and reduces the likelihood of them being drawn into
riskier behawours and situations. The young people participating in the
Mentoring and Skills Programme are exceptionally talented and have the potential, with the support
and encouragement of Happy Child International and our partners, to become leader5 and a force
for good in their cornmunitie5.
Violence to girls and young women 15 particularly worrying and is dosely linked to the high rates of
teenage pregnancy that are prevalent in poor communities in Brazil. Happy Child International has a
long history of working to help girls who are subjerted to abuse and other types of exploitstion and
to support teenage mothers in caring for their babies.
3. Educatlon
8ra211 remalns one ot the most unequal countries globally. Lack of access to quality education
exacerbates this inequalwty- Through one of our local partners. we are working in the community of
Coque (Recifel, supporting low- income families that are strugglTrng to make ends meet. One of the
main objectives is to prowde supplementsry education and opportunities for childrer4 and young
people from these families. In a newly refurbished community ￿ntre"SChool reinforcement classes"
are being provided through educational dubs to complement the school curriculum and schedule.
The dubs are helping to provide a more equitable education to its participants so that they are
better able to meet age-appropriate educational development milestones. Reaching 25 children
twice a week. the clubs also have the benefit of providing a safe space for the children during the
dayi also allowing the children's parents to work and contribute to society in different ways. English
classes are held on Saturday mornings for the children with 22 attending regulady of very mixed
ability. These classes help with listening skills, oral communication and reading skills. On Monday
and Wednesday afternoon there is an adult literacy programme running with 8 women from the
local community. They are leaming basic literacy and numeracy skills with18RAEMA material. Other
aspects of this locally led project include supplementsry health care. Even though the state heahh
care system has a wide reach, the reality is that the poorest and most marginalised often struggle to
access it. Extra community support can often alleviate minor health issues and open-up pathways for
more serious conditions to be dealt with in the state system. This year, a Voluntary Ear. Nose and
Throat speualist has provided 44 appointments throughout the year. The thild psychologist has also
provided 44 appointments on Saturday momings during 2023. The adult Psychologist has delivered
24 appointment5. The holistic therapist has provided 44 appointments for altemative therapies. In
totsl. our medical volunteers have furnished the Ioc31 community with 156 appointments.

HAPPY CHILD INTERNATIONAL
TRUSTEES, REPORT (Incorporatln8 the Directorfs Report) (continued)
FOR THE YEAR ENDED 311)ecember 2023
Happy Child International has also supported older children and young people through a Mentoring
and Skills Programme run by another local partner. According to the Yodos pelas Crianps"
platform, 12.7 million young people are neither working nor studying out of a population of 215
million. The situation is particularly difficult for those from low-income families. A significant fLbnding
gap between private and public schools hinders lower-incorne students access to quality education,
particularly in marginalised communities. In this context. the Mentorin8 and Skills Training scheme
addresses a very real need and is heavily oversubscribed. The scheme continued to offer the
prospett of a placement èt the Gerdau Iron and Steel company either around Administration or
Industrial Mechanics. At the close of 2023, 31 young people completed the training successfully.
eight secured paid employment. and six went on to further study. Twelve members of the 2023
cohort of trainees registered in February 2024 with the Gerdau SA apprentice selection process. t>Je
to the state government reorganising learning schedules in schools, seven were unable to adjust
their school timetable5 With the project hours and only ttvo of them were unable to continue for
family reasons. The remaining five young people are being supported to find employment via other
channels. The Mentoring and Skills Training programme will continue in 2024. benefitting another 40
young people from low-income families.
4. Skills Development
Equipping young rnurns with some basic skills to top up their incorne is an essential part of the
5UPPOrt our partners deliverto young mums in low income communities. Theyoun8 mums are
invited to take part in workshops which teach them how to do nail extensions and eyebrow shaping.
If they establish a small micro business in the beauty arena these initiatives give the mums a feeling
of achievement and empowerment. The project provides them with materials and micro finance.
The Mentoring and Sknlls helped develop very specific skills so that 40 young people in the project
feel confident and with suffiaent skills to compete for places on corporate apprenticeship schemes.
This investment 15 Vital if students are to have a chance of forging a Career which can help them get
fomal salaried work. One of the 2023 cohort got an apprenticeship with the Caixa Economica
Federal which is one of Brazil's largest state banks. Another one of our projerts is working with
basic literacy and attrdcted 10 more women to participate in dasses providing baslc literacy and
numeracy.
The Charitys main achievements In 2023.
Locally led projects
This year the tharity has forged a relationship with a new organisation'which has expanded Its work
through local partners to outside metropolitan Reufe (where it is already supporting 3 projects) to
the coastsl region of Tamandaré. During 2023 Happy Child International continued to strlve to work
in a sustainable way to be able to reach more th41dren. young people. and their families in
vulnerable and high-ri5k cornmunities in Northeast Brazil. Collaboration with strong locally led
projects h35 helped the Charity deliver its strateey and encouraged those with whom it partners to
expand their own capacity and reath. It established a new partnership this year

HAPPY CHILD INTERNATIONAL
TRUSTEES, REPORT Ilncorporatlng the Oirertorfs Report) (continued)
FOR THE YEAR ENDED 31 December 2023
with a project in one of the coastal regions of Pernambuco state. In February 2023, both Chair of the
Board ljohn Doddrelll and Head of Operation5 (Caroline Taylor) were able to visit some of the
Charitys partner projects includin8 the new partner. They met their teams on the ground. In terms
of funding these initiatives with local partner5 this year Happy Child International has reached post-
Covid levels of funding and almost doubled our income to the charity. For u5 this is an achievement.
5tren8thened governance
This year, the Charity has focused on strengthening its Board ofTrustees further. Three new people
have joined us: Cristina Cortes (January 20231. Jennie ￿llIvan (June 20231 and Evelyn Kangoya
Iottober 20231. Cristina Cortes was the CEO of a Latin American Think Tank and Jennie Sullivan is a
former employee of the Charity and a schoolteacher by training and Evelyn Kangoya is a Senior
Accountant at another large tharity. Both offer the Charity a wealth of experience and professional
knowledge. We are very pleased about their appointments and conts.nue to be committed to
achieving greater gender balan￿ on our board Icurrently S men and 3 women)
Communication5 and fundratsing
The Maos Dadas" Itilvlng Hand51 network in Elrazil continued to SUPPOrt Happy Child International's
communications work in 2023. The nebmork produces a wide range of resources that are
disseminated all over Brazil to support work with children and young people at risk. They have
helped the Charity promote its brand throueh print media as well as digital methods. They have also
helped the Charity to develop its relationships with additional like-minded organisations in the
country, induding national Christian NGOS and thurthe& The have a150 enabled the Charity to
provide up to date content about work being delivered by our projects in the Northeast of Brazil and
helped us communicate about current issues relevant to working with vulnerable children and young
people in the region.
The Charivs income in 2023 was £112.2281£67,150 in 20221. thanks tothe generosity of our
donors, loyal supporter5, and partners, often giving sa¢rrficially on a rnonthly basis. or by making
regular one-off donations. This induded large donations from Major Donors, for which we are very
erateful. In Julyi a sponsored walk took place in both Kent and Surrey and raised £5.Oc￿. One of the
Charitvs flagship events in 2023 was a fvndrai5ing dinner held at the House of Commons, which
helped us raise £12,000.
Progress against strateglc priorities set for 2023
Priority A: Increase the number of children and young people participating and benefiting from
locally led and Community-based partner programmes in Northeast Brazil.
Progress.. We have increased the number of children and young people who are participating in our
partner programmes. Forty young people partiapated in the 2023 Mentorine and Skills
io

HAPPY CHILD INfERNATIONAL
TRUSTEES, REPORT {Incorporatin8 the Directorfs Report) (conllnued)
FOR THE YEAR ENDED 31 December 2023
Training Projert. At least 40 family units were positively impacted by a young person in the
household receiving further education with the potential to gain future employment. This partner
programme also reached 20 young vulnerable mums with their babies during 2023 giving them
SUPPOrt and encouragement. One of the projects has also gathered in 25 children for its educational
clubs and is working with 10 family members to teach basi¢ adult literacy and numeracy. A special
Christmas a gathering included 70 families in this community, all of whom were given food basket5
by the project and who receive support throughout the year for Some of their medical needs.
Prfority B: Expand the charitys partner portfolio in Northeast Brazil. focusing on providing addltional
vocational training and employment OPPOTtunities to MO￿ young people in vulnerable and high-risk
communities, as well as adoptin8 a multi-component preventative approadi to the prevention of
teenage pregnancies.
Five more young mums joined in the Project Gathering activities in 2023. The campaign running
longside the projert focused on reaching out to 20 classes of 40 students each {800 young people in
totall with key messages to start bringing about positive change around attstudes and perceptions
on early pregnancy. We built a new partnership with a project outside of metropolitan Recife and in
one of the coastal towns where work is seasonal. and which will help us in 2024 to reach more
children and young people through IT skills trainin&
Priority C: Strengthen the charitls capacity to raise funds for partner programmes wrth the support
of more volunteers, community fundraising and local events. as well as from thurches, trusts, and
foundations.
Progress= This year we were able to raise additional funds {£20,0001 from trusts in the UK for the
work of our partner organisations and by continuing to host 2 events that the charity organised. Our
Annual Charity Sponsored Walk raised £5.000 and our House of Commons Dinner raised £12.000.
5traleBlc prforlties for 2024
Continue to increase the number of children and young people partfcipating and benefitting
from locally led and community-based partner prografflmes.
Consolidate work with the partner portFolio in Northeast Brazil, focusing on providing
additional vocational training and employment opportunities to more young people in
vulnerable and high risk communitie5, as well as adopting a multi component preventative
approach to the prevention of teen age pregnancies.
Strengthen the charity's capauty to raise funds for partner programmes with the support of
MO￿ volunteers, community fundraising and local eNEnts, a5 well as from churches. trusts,
and foundations.
li

HAPPY CHILD INTERNATIONAL
TRUSTEE5' REPORT Ilncorporating the Oirertorfs Report) Itontinued)
FOR THE YEAR ENDED 31 December 2023
Financial Review
2023
Actual
2022
Actual
Totsl Cost
Cost of generatin8 funds
40,083
46,837
Charitable activities
71,983
80,553
The economic climate for tharitable fundraising continues to be challenging. However, the Charity
managed to almost double its income frorn donations and fundraising in 20231£112.428135
compared to £67.104 for the year ended 31 December 2022.
Going concern
The year ended with a surplus 01 £41709
Statement of Trustee< Responsibilitles
The Trustees. who are also the Directors of Happy Child International for the purpose of company
law, are responsible for preparing the Trustee5' Report and the accounts in accordance with
applicable law and United Kin6dom Accounting Standards Iunited Kingdom Generally Accepted
Accounting Prarti¢el.
Company Law require5 the Trustees to prepare accounts for each financial year which give a true
and fair view of the state of affairs of the Charity and of the incoming resources and application of
resour￿5. including the income and expenditure. of the charitable company for that year.
In preparing these accounts. the Trustees are required to-
- select suitsble accounting policies and then apply them consistently,.
- observe the methods and principles in the Charitrfs SORP,.
- make judgements and estimates that are reasonable and prudent.. and
prepare the accounts on the going concern basis. unless it Is inappropriate to presume that the
Charity will continue to be in operation.
12

HAPPY CHILD INTERNATIONAL
TRUSTEES, REPORT (IncorporatlTrd the Dirertorfs Report) Icontknued)
FOR THE YEAR ENDED 31 December 2023
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracyi at any time, the financial posttion of the Charity and enable them to ensure that the
accounts comply wwth the Companies Art 2006. They are also responsible for safeguardine the assets
of the Charity and hence for tsking reasonable steps for the prevention and detection of fraud and
other irregularities.
Independent Examiners
The Board unanimously voted to app￿nt Nicolaos loannou Kattirtzis IFCCAI of NRM Accountancy
Services Ltd to act as Independent Examinerfor the 2023 accounts and are sure they will provide an
excellent quality Servi￿ in a competitive and cost-effective manner.
On behalf of the Board of Trustees
John DoddreN
Trustee
Dated: 15" April 2024
13

HAPPY CHILD INTERNATIONAL
INDEPENDEfrif EXAMINER'S REPORTTO THE TRUSTEES OF HAPPY CHILD INTERNATIONAL
FOR THE YEAR ENDED 31 December 2013
I report on the accounts of the Charity for the year ended 31 December 2023 which are set out on
pages4to 13.
Respertl¥e respon*7Jli ities of twstees and examiner
The Trustees, who are 3150 the dirertors of Happy Child Intemational forthe purposes of companv
law, are responsible for the preparation of the a¢¢ounts. The Trustees consider that an audit is not
required for this year under section 144121 of the Charities Art 2011. the 2011 Art. and that an
independent examination is needed. l am qualified to undertake the examination being a qualified
member of The Charted Association of Certified Accountants.
Having satisfied myself that the charity is not subject to audit under Part 16 of the Companie5 Art
2006 and is eligible for independent examination. it is my responsibility to-
lil examine the accounts under section 145 of the 2011 Art:
lill follow the procedures laid down in the eeneral Directions given by the Charity Commission under
5ertion 14515llbl of the 2011 Act,- and
liiil stste whether partiatlar matters have come to rny attention.
Basls of Independent examlnerfs report
My examination was carried out in accordance with the General Directions given by the Charitv
Commission. An examination includes a review of the accountine records kept by the Charity and
comparison of the accounts presented with those records. It a150 includes consideration of any
unusual items or disclosures in the accounts and seeking explanations from you as trustees
con￿rning any such matters. The procedures undertaken do not provide all the eviden￿ that would
be required in an audtt 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 statement below.
Independent examlnerfs ststement
In connertion with my examination. no other matter exceptthat referred to in the above paragraph
has come to my attention which gives me reasonable cause to believe that in any material respect
the requirements=
lil to keep accounting records in accordance with sertion 386 of the Companies Art 2006,. and
lill to prepare accounts which accord with the accounting record5, comply with the accounting
requirernents of 396 of the Companies Act 21￿6 and with the methods and principles of the
Accounting and Reporting by Charities: Statement of Recomrnended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republ-c of Ireland IFRS 1021 have not been met.
Nicolaos loanno
NRM Accountancy Services Ltd
70 Wood Street
E173HT
Dated:...l&.
HAPPY CHILD I
IFCCAI
ER
IONAL
14

STATEMENT OF FINANCIAL AcrivmES
INQUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 Decembw 2023
Unrestrkted Re%trkted
Funds
Funds
Total
2023
Total
2022
Notes
In¢ome
Donations and legaciès
Activities for8enerating funds
106.529
106.529
5.899
61,413
5.691
112428
111428
67,104
Bank Interest Received
Total Incomè
114L
111062
67,150
endlture
Costs of generating funds
Costs of generating voluntary
income
40.083
46,837
46,837
Expendlture on Charknble
artivr¢ies
Child and family carè sérvices
Thematic Advocacy &
Campaigning Services
Research & Advisory Service5
5,7.8,9
31.91X)
3¥91J)
33,716
Total expenditureon
charbtable activities
7L983
7L983
80,553
Total expenditure
71,983
71.983
80,553
Net Incomellexpenditure) hr
the yearlNet
Nèt movement in fvnds
41.079
41.079
113.4031
Fund balances at l January
2022
26.WJO
26,890
40,293
Fund baL•nce5 at 31 Decen*er
2022
17
67.969
67.069
26.89)
HAPPY CHILO INTERNATIONAL
BALANCE SHEEr
15

AS AT 31 December 2023
2023
2022
Notes
Current assets
Debtors
Cash at bank and in hand
13
28,836
28,836
11,9461
Creditots.. amounts lallin8 dué
within one year
14
11,920}
Total assets less current liabilities
67.969
26,89)
credito￿ amounts tallin
aftèr more than one
due
15
Net assets
67.869
26,89)
Intome Funds
Restricied funds
Unrestricted funds
67.969
26,890
The company is entitled to the exemption from the audit requirement contained in section 477 of
the Companies Art 2CKJ6. for the year ended 310ecember 2023. No member of the company has
deposited a notice, pursuant to section 476. requiring an audit of these accounts.
The Trustees acknowledge their responsibiltties for ensuring that the company keep5 account1118
record5 which comply with section 386 of the Act and for preparing accounts which give a true and
fair view of the state of affair5 of the company as at the end of the financial year and of its incoming
resources and application of resources, including its income and expenditure, for the financial year
in accordance with the requirements of section$ 394 and 395 and whith otherwise comply with the
requirements of the Companies Act 2006 relating to accounts. so far as applicable to the company.
These account5 have been prepared in accordance with the special provisions relating to small
companies within Part 15 of the Companies Act 2006.
The accounts were approved by the Board on...l.si.%.Ka. o..I
John Doddrell
Trustee
Company registration no. 05935028, Charity Registration no. 1116809
16

trIAPPY CHILD INTERNATIONAL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 December 2023
l. Accountlng Poltcies
Charity Infomwtlon
Happy Child International is a private company limited by guarantee incorporated Sn England
and Wales. The registered Offi￿ is The Leatherhead Institute, 67 High Street, Leatherhead,
Surreyi KT22 8AH.
L2
Accounting Convention
The accounts have been prepared in accordance with the chartty's article5 of association. the
Companies Act 2006 and 'A¢counting and Reporting by Charities.. Statement of
Recommended Prartice applicable to charities preparing their accounts in accordan￿ with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las
amended for accounting periods commencing from l January 20161- The charity si a Public
Benefit Entity as defined by FRS 102.
The accounts are prepared in stedin& whith is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under historical cost convention. The principal accounting
policies adopted are set out below.
Incomln8 resources
Donations, legacies, and other forms of voluntary income are recognized as incoming
resources when receivable. ex￿pt insofar as they are incapable of financial measurement.
Resources expended
Resources expended are recognized in the period in whi¢h they are incurred. Resources
expended indude attributable VAT whith cannot be recovered.
Expenditure is allocated on an acuuals basis betsveen the costs of generating funds, direct
charitsble expenditure, and the cost of govemance of the tharity.
Administration costs are re-allocated to each of the activities on thefollowirg ba515 which is
an estimate. based on employee's time. of the amount attributsble to each activity.
Costs of generating funds relate to the costs incurred by the charitable company in induang
thlrd parties to make voluntary contributions to it, as well as the cost of any activities with a
fundraising purpose.
Governance costs are the costs a5￿cIated with the governan￿ arrangements of the charity.
These costs are as50Clated with constitutional and statutory requirements and indude any
Costs associated with the strategic management of the Charity's activities.
Grant funding is paid directly to pathers in Northeast Brazil as described in the Trustees,
Report.
17

HAPPY CHILD INTERNATIONAL
NOTES TO THE ACCOUNTS (Contlnued)
FOR THE YEAR ENDED 31 December 2023
Accounting policies (Continued)
Leaslng and hire purchase commitments
Rentals payable under operating leases are charged against income on a straight line basis
over the period of the lease.
Restrirted funds
Restricted funds are donations and other incoming resour￿5 received or generated for
specific use within the Charitvs purposes.
Unrestrirted lunds
Unrestricted funds are donations and other incoming resources received or generated for
the charitable purposes.
Financial Inst￿meThts
The charity has elected to apply the provisions of Sertion I'Basi¢ Financial Instruments, and
Section 12 '0ther Finanaal Instruments Issues. of FRS 102 to all of tts financial instruments.
Financial instruments are Tecognised in the tharity's balance sheet when the tharity
becomes party to the contractual provisions of the inrtrument.
Financial assets and liabilwties are offset. with the net amounts presented in the financial
statements, when there is a legally enforceable right to Set off the recogni5ed amounts and
there 15 an intention to sett]e on a net basis or to reali5e the asset and settle the liability
simultaneously-
Basic financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transattion price including transacts.on costs and are 5ub5equently carried at
amortised cost using the effective interest method unless the arrangement con financing
transaction, where the transaction Trs measured at the present value of the fLrture receipts
discounted at a market rate ol interest. Finanoal assets dassified as receivable within one
year are notamortised.
Basic financlal Ilabllltles
Basicfinancial liabilities, including creditors and bank loan5 are initially recognised at
transaction price unless the arrangement constitutes a finanang transaction, where the debt
instrument is measured at the present value of the future payment5 discounted at a market
rate of interest. Finanaal liabilities classified as payable within one year are not amort15ed.
18

HAPPY CHILD INTERNATIONAL
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31 December 2023
A¢countin8 polities Icontsnued)
Debt instruments are subsequently carried at amortised cost. using the effertive interest rate
method.
Trade tteditors are obligations to pay for goods or service5 that have beeTr acquired in the
ordinary course of operations from suppliers. Amounts payable are classified as current
liabilities if payment is due within one year or less. If not. they are presented as non-current
liabilities. Trade creditors are recognised inwtially at transartion price and subsequently
measured at arnortised cost using the effective interest method.
Derecognition of finandal Ilablllties
Financial liabilities are derecogrysed when the charity's contractual obligations expire or are
discharged or cancelled.
L9
Critical accountin8 eslimates and judgements
In the application ol the tharity's accounting poliaes. the trustees are required to make
judgements, estimate5 and assumptions about the carrying amount of assets and liabilitie$
that are not readily apparent from other sources. The estimates and associated assumptions
are based on historical experience and other fartors that are considered to be relevant. Actual
results may differ from these estimate
The estimates and underlying assurnptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognized in the period in which the estimate is revised 26 where
the revision affects only that period. or in the period of the revision and future periods where
the revision affects both current and future periods.
1.10 Going concern
Happy Child International had net assets of £67,96912022 net assets of £20,8901 as at 31
December 2023.
The Trustees are monitoring spending and cash flow regularly and implement Steps to ensure
that the charity can meet its liabilities as and when they fall due.
This gives the Trustees reason to conclude that Happy Child International is a going con￿rn as at 31
December 2023.
19

HAPPY CHILD INfERNATIONAL
Oetailed Proflt and Loss Accoufftt
For the year ended 31 December 2023
Income:
Donatlons Received
106.529
Income from Artivitles
112,428
Expended:
Grants made
3L9fA)
Wages and Salaries
Professional & Ma￿etIng expenstt UK
Travelling expenses
1,330
Office Renl
4.270
Telephone
L710
Internet & Websiie
Postage & Ad¥ertisin
Professlonal & Marketing e¥penses Brazil
7,681
Subxrfptlons
Bank Charges
Insurances
732
Sundry expwses
649
Ac(ountanry fees
7L983
Bank Interest receNed
634
Surplus for the year
4L079
20