2023-12-31-accounts

CHARITY COMMISSION FOR ENGLANO AND WALES Trustees. Annual Report for the period From 1.1.23 Period end date Perfod stsrt date To 31.12.23 Charity name: Happy Days PrHchool Charity rngistrallon number 1143906 Objectives and Activities Summary of the purposes of the chanty as set out in ts ovemin document Summary of the main activities in ￿lab.on to those purposes for the public benefft, in particular, the activrties, projects or services identffied in the account8. Statement confiming whether the trustees have had regard to the guidanc8 issued by the Charity Commission on public benefrt Para 1.17 Pre4chool Parn 1.17 1.19 Chlldw• and Early years educatlon Pw• 1.18 Addltlonal Infomiatlon {optlonal) You ma hoose to include further statemerts where relevant abouL" Parn 1.38 Policy on grant making P¥a 1.38 Policy on social investment including program related investment Parn 1.38 Contribub'on made by volunteers

Achievements and Perforniance Summary ofthe rnain achievements of the charity, identifying the difference the chanty's has made to the circumstances of rts beneficiaries and any W￿er beneffts to SOC#8ty as a whole. Para 120 Additional Infomiation (opoonal) You ma choose to include further sL￿ernents ￿ relevant about Achievements against objectives set Pwo 1.41 Perfomance of fundraising adivrties against objectives Investment perfomiance against obje¢tiv88 Pwa 1.41 Other

Financial Review Review of the chanty's financial position at end of the SL*ement explaining the policy for holding reseThes statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficii Explanation of any uncertanties about the chanty continuing as a wng ¢oncem P•• 1.21 A small10ss was made due to HMRC not repaying maternty pay ovftd until next financial ear.1 Reserves are held for y•aYs with lower numberJ of children andlor possible fu￿re rodundancies rf we lose buildin Pwa 122 Para 1.22 Pm 122 nla Parn124 P￿125 Possibility of future buildlng work on the land we are based on. Cost of livlng means parents are sanding chlldrnn for sessions. Govomment are not providlng a sustainable lèvel of fundlng to Early Years sactor. not in line with the rlse In national livln and Infiatlon. Additional infomiatlon (optional) You ma choose to include further statements where Trlevant about.. The charity's pri￿1PaI sources of funds (indudiTrJ any furKlraising) P8A 1.47 Investment policy and objediv8s induding any 50¢ial inv88tmerrt policy adopted Pw• 1.46 A descripts'on of the prin(xpal risks facing the tharity 1.46 Other

Structure. Governance and Management Descripts'on of charty's trusts.. Type of govemiNJ document Communlty led Pre-school (Charty) P•1.25 Constits￿on (PSLA) How És the chaiity Constituted? PaTr125 Trustee selection methods induding details of any constitutional provisions e.g. election to post or name of any person or tK)dy enlitied to appoint one or more trustees Pa 125 Elecllon to post agreed by rest of the Addftlonal Infomiatlon <optlonal) You ma choose to include further statements where relevant about: Poliaes and procedures adopted for the irKluction and training of trustees P• 1.51 The charity's Org￿{satIOnal structure and any wider ne￿Ork with which the charrty works P¥• 1.51 Relationship with any related parties P*# 1.51 Other Reference and Administrative details Cha name Other name the cha uses Registered charrty number Chanty's principal address Da S Pre-school 1143906 Lagley Meadow Youth Centre Douglas Gardens Berkhamsted HP4 3PE

Names of the charity Intstaes who manw tha charity oirKe {rfarry) Name of person lor bo(ty) entitled ear Christine ￿￿111amsOn Tracey Olney Jo Rook8 Laila Evans Chair Treasurer Stephanie Brooks Zoe Taylor Amanda Mccord Katie Hansard 10 11 12 13 14 15 16 17 18 19 20 Co rate trustees- name8 of ts dire¢lus at the date the wasa roved Name of trustees holding title to belongi￿d to the charty

Funds held as custodian trustees on behalf of others Description of the assets Cash in bank held in this capacty Name objects of the charity on whose behaff the assets are held and how this falls within the custodian charty's 0tr4eds Details of arrang￿￿nts for safe C￿OdY and segregation of such assets from the charty's own assets Desunated person to manage bank accounts- overseen by Pre-school manager and tr&%urer Additional infornwfjon loptlonal) Names and addressas of adviws (Optional Infonmfjon) Type of Namo Address adviser Nam• of chlef executlve or names of senlor Staff momborn Iopdonal Infomiatlon} Exemption8 from disclosurn rsonnel details Reason for nOn￿ls￿o9ur8 of ke Other o tional Information

Declarations The trustees declarn that they have appn)ved the trustaes. report above. Slgnod on behalf of the charlty's trustees Signaturels) Full name(s) Position (•g So¢r•tsry. Chair. etc) christs.ne Wlliamson Chair

Happy Days Treasurers Report 2023

Happy Days broke even this year (a tiny loss of £426 shows on the accounts)

We are still owed £2500 from HMRC for maternity pay which we have paid out. This should be refunded after the end of the financial year (April/May 2024)

We received an insurance payout after we were flooded and lost a lot of equipment in the flooding – we are hoping to be able to replace some of this later this year.

From Jan 2024, we are fully booked, and have a healthy waiting list for September.

The government have announced a rise to the National Living Wage to £11.42 per hour. We will therefore be increasing all staff wages to reflect the increase.

The LA have increased funding for 2 year olds and we are hoping to get a substantial increase for 3 year olds from April.

The government are increasing 15 and 30 hours funding for 2 year olds over the next two years. We are expecting this to be popular and hopefully the government funding will cover this.

This year we are hoping to make a small profit so we can build up our contingency fund.

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of On accounts for the year ended Set out on pages Responsibilities and basis of report	Charity Name Happy Days Pre-school	Charity Name Happy Days Pre-school	Charity Name Happy Days Pre-school
	2023	Charity no (if any)	1143906
	3 (remember to include the page numbers of additional sheets)
	I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended31/12/2023. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement	~~[The charity~~’~~s gross income exceeded £250,000 and I am qualified to~~ ~~undertake the examination by being a qualified member of [insert name of~~ ~~applicable listed body]].~~~~Delete [ ]~~~~if not applicable.~~

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination ( ~~other than that disclosed below *) w~~ hich gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

• Please delete the words in the brackets if they do not apply.

Signed: Name: Relevant professional qualification(s) or body		22/05/2024
	Caroline Robinson FCA
	Fellow of the Institute of Chartered Accountants in England and Wales

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(if any):

Address: 43 Tresco Road, Berkhamsted, Herts. HP4 3LA

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Figures per annual

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return

return	return	return
			Bank Cash Total
Income	Fees		82,985.17	0.00	82,985.17
	Fundraising		1,519.31	0.00
	Interest		144.10
	Other		4,003.62
			88,652.20	0.00	88,652.20
Expenditure
	Wages		72,818.95
	PSLA Insurance/training/books/Ofsted fees		974.93
	Rent		12,000.00
	Purchases Equipment and sundries		3,050.94
	Other		234.00	0.00
			89,078.82	0.00	89,078.82
Net profit/loss			-426.62	0.00	-426.62

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