HAPPY CHILD INTERNATIONAL
lNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAPPY CHILD INTERNATIONAL FOR THE YEAR ENDED 31 December 2024
I report on the accounts of the Charity for the year ended 31 December 2023 which are set out on pages 4to 13.
Respective responsibilities of trustees and examiner
The Trustees, who are also the directors of Happy Child International for the purposes of company law, are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011, the 2011 Act, and that an independent examination is needed. I 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 Companies Act 2006 and is eligible for independent examination, it is my responsibility to:
(i) examine the accounts under section 145 of the 2011Act;
(ii) follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011Act; and
(iii) state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit 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 examiner's statement
In connection with my examination, no other matter except that 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: (i) to keep accounting records in accordance with section 386 of the Companies Act 2006; and
(ii) to prepare accounts which accord with the accounting records, comply with the accounting
requirements of 396 of the Companies Act 2006 and with the methods and principles of the 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) have not been met.
Nicolaos loannou Kattirtzis (FCCA)
NRM Accountancy Services Ltd 70 Wood Street
E17 3HT Dated:………………….
HAPPY CHILD IN TERNAT IONAL
Company Registration No. 05935028 (England and Wales)
HAPPY CHILD INTERNATIONAL ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
HAPPY CHILD INTERNATIONAL ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Directors' report | 4 |
| Accountants' report | 5 |
| Statement of income and retained earnings | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 9 |
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HAPPY CHILD INTERNATIONAL COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024
Directors
John Doddrell Mark A Pinks John Herring Clive Teuten Joao Martinez da Cruz Christina Cortez Jennie Sullivan
Secretary Mark A Pinks Company Number 05935028 (England and Wales) Registered Office LEATHERHEAD INSTITUTE HIGH STREET LEATHERHEAD KT22 8AH ENGLAND
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HAPPY CHILD INTERNATIONAL (COMPANY NO: 05935028 ENGLAND AND WALES) DIRECTORS' REPORT
The directors present their report and accounts for the year ended 31 December 2024.
Directors
The following directors held office during the whole of the period:
John Doddrell Mark A Pinks John Herring Clive Teuten Joao Martinez da Cruz Christina Cortez Jennie Sullivan
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
John Doddrell Director
Approved by the board on: 10 April 2025
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CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF HAPPY CHILD INTERNATIONAL FOR THE YEAR ENDED 31 DECEMBER 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Happy Child International for the year ended 31 December 2024 as set out on pages 6 - 8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Happy Child International, as a body, in accordance with the terms of our engagement letter dated 1 February 2024. Our work has been undertaken solely to prepare for your approval the accounts of Happy Child International and state those matters that we have agreed to state to the Board of Directors of Happy Child International, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Happy Child International and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Happy Child International has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Happy Child International. You consider that Happy Child International is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Happy Child International. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Certified Accountants
10 April 2025
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HAPPY CHILD INTERNATIONAL STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 31 DECEMBER 2024
| Turnover Administrative expenses Operating (loss)/profit Interest receivable and similar income (Loss)/profit on ordinary activities before taxation Tax on (loss)/profit on ordinary activities (Loss)/profit for the financial year Retained earnings at the start of the year (Loss)/profit for the financial year Dividends Retained earnings at the end of the year |
2024 £ 61,849 (110,595) (48,746) 924 (47,822) - (47,822) 67,969 (47,822) - 20,147 |
2023 £ 112,428 (71,983) |
|---|---|---|
| 40,445 634 |
||
| 41,079 - |
||
| 41,079 | ||
| 26,890 41,079 - |
||
| 67,969 |
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HAPPY CHILD INTERNATIONAL STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Capital and reserves Profit and loss account Shareholders' funds |
2024 £ 21,107 (960) 20,147 20,147 20,147 20,147 |
2023 £ 69,889 (1,920) |
|---|---|---|
| 67,969 | ||
| 67,969 | ||
| 67,969 | ||
| 67,969 |
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2025 and were signed on its behalf by
John Doddrell Director
Company Registration No. 05935028
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HAPPY CHILD INTERNATIONAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Statutory information
Happy Child International is a private company, limited by shares, registered in England and Wales, registration number 05935028. The registered office is LEATHERHEAD INSTITUTE, HIGH STREET, LEATHERHEAD, KT22 8AH, ENGLAND.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
| 4 | Creditors: amounts falling due within one year | 2024 | 2023 |
|---|---|---|---|
| £ | £ | ||
| Accruals | 960 | 1,920 |
5 Average number of employees
During the year the average number of employees was 0 (2023: 0).
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HAPPY CHILD INTERNATIONAL DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024
This schedule does not form part of the statutory accounts.
| Turnover Sales Administrative expenses Wages and salaries Staff training and welfare Travel and subsistence Rent Telephone and fax Internet Postage Subscriptions Bank charges Insurance Donations Sundry expenses Accountancy fees Advertising and PR Operating (loss)/profit Interest receivable Interest receivable (Loss)/profit on ordinary activities before taxation |
2024 £ 61,849 22,821 95 1,505 4,701 1,283 1,495 345 266 521 765 62,756 774 960 12,308 110,595 (48,746) 924 (47,822) |
2023 £ 112,428 |
|---|---|---|
| 18,054 - 1,330 4,270 1,710 1,245 686 266 384 732 31,900 649 960 9,797 |
||
| 71,983 | ||
| 40,445 | ||
| 634 | ||
| 41,079 |
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HAPPY CHILD IKfERNATIONAL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAPPY CHILD INTERNATIONAL FORTrEYEAR ENDED 31 December 2024 Ireportontheaccountsofthe Charityforthe yearended31 December2023whichare$etout on pages4to13. Respective responsitiilitiesof twst¢es and examiner TheTrustee$.wh08re8lsothe directors of Happychild Internation81forthe purpos9$ ol company law,aT¢ responsiblefor the preparatlonof tlFe accounts. TheTrustees considerthatanaudlt Isnot requirèdfor thisye8r under section 144{21 of the Charities Act 2011, the 2011 Act. andthat an independentex8min8tion isneeded. l am qualifiedto undert8kethe examination beinga qualified membel ol The Charted Assoclation ol Certitied Accountants. Havings8tl8fiedmyselfthatthecharityisnotsubjectto auditund6rPart16ofth6CompaniesAct 2006and 18 eligiblelorindependentexamination, itlsmyresponsibility to: (i) examinethe account$ undef 8ection 145 of the 2011Act: (li) followthe procedures laiddownin thegeneral Directionsgiven tythe Charltycommlsslon under SO10n 145151{bl ol the 2011 Act: and (iii) 8tste whether particular matters havecometo myattentlon. 88$lsof indep8nd6nt examinevs re Myexamination wa8carrledout in accordance withtheGeneralOirections givenbylhe Charity Commission. Anexamlnatlon Includes areviewofthe accountlng records k6pttythe Charity anda comparlson of the accounts presented withthose records. It 8180includes consideration of any unu8ualltems ordlsclosure8lnthe accountsandseekingexplanation8fromyouastrustees concerninganysuchmatters. Theprocedures undertaken do not provide allthe evidencethatwould be requlred in anaudlt and consequently no opinion isgiven asto whotherthe account8 pre88nt a'true andtalr vlew, and the report is limited to those matters Set out in the statement below. Independent oxamineT'8 8t8temenl In connection withmyexamination. no other matter exceptthatreferred to in the above p8r8graph haseometo my attention whichyjves me reasonable causeto believethat in any mateiial iespect the requiiements: (i) to keepaccountingrecord8in accordance with section 386 of the Companies Act 2006. and (li) to prepare accounts which accord withthe accounting re¢ort18. comply withthe accountin8 requirements of 396ofthe Companies Act 2006 andwiththemethods andprinciples ofthe Accounting8nd Reporting by Ch8rities- Ststement of Recommended PTactice applicable to charities preparingtheiraccounis In accordance withthe Financial Reportingstandard applicable in the UK and Republic of Ireland (FRS102lh8ve t beenmet. Nicolaos loannou KattirtZi5 IFCCA) NRMA£0rrfa SeThKZS Ltd 70 Wood Street HAPPY CHILO IN ATIONAL