## **HAPPYDAYS MINISTRIES UK** ## **UNAUDITED FINANCIAL STATEMENTS** ## **31 MARCH 2022** **CHARITY REGISTRATION NUMBER: 1157527** ## **HAPPYDAYS MINISTRIES UK** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ||**PAGE**| |---|---| |Trustees' annual report|**1**| |Independent examiner's report to the trustees|**7**| |Statement of financial activities|**8**| |Statement of financial position|**9**| |Statement of cash flows|**10**| |Notes to the financial statements|**11**| ## **HAPPYDAYS MINISTRIES UK** ## **TRUSTEES' ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2022. ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered charity name** Happydays Ministries UK **Charity registration number** 1157527 **Principal office** Greycourt House 160 King Cross Road Halifax West Yorkshire HX1 3LN **THE TRUSTEES** G P Henderson (Chair) N R Gemmel S Endeacott (Retired 31 March 2022) G Boocock (Retired 31 March 2022) C Stevenson (Retired 31 March 2022) K Fawcett (Retired 31 March 2022) S Holmes (Retired 15 June 2021) J Needell (Retired 17 June 2021) K Teague (Appointed 22 February 2022) M Rose (Appointed 22 February 2022) C Walker (Appointed 1 April 2022) N Chance-Thompson (Appointed 27 July 2022) S Wilson (Appointed 13 October 2022) **INDEPENDENT EXAMINER** S R Shacklock FCA Equitable House 55 Pellon Lane Halifax West Yorkshire HX1 5SP **- 1 -** ## **HAPPYDAYS MINISTRIES UK** ## **TRUSTEES' ANNUAL REPORT** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The charity is a Charitable Incorporated Organisation and Registered Charity, No: 1157527; registered with Charity Commission on 18 June 2014. The charity trustees manage the affairs of the charity. They have a duty to identify and review the risks to which the charity is exposed and ensure appropriate controls are in place to provide reasonable reassurance against fraud and error. The trustees of the charity are appointed by the members at each AGM. The vision and mission of the Charity is delivered passionately by the CEO David Fawcett, together with a small team of staff and large volunteer base. ## **OBJECTIVES AND ACTIVITIES** Our Vision is to see homelessness reduced and vulnerable people empowered to live independent and purposeful lives. Our Mission is to provide safe accommodation in a community setting that incorporates on-going mentoring and support to bring about sustainable change in people's lives. The main objective for the year continued to be that of assistance to vulnerable individuals at risk of homelessness through the provision of supported accommodation within a safe community setting. The strategies employed to achieve the charity's objectives are to: Deliver two main programme areas: 1. Happy Days COMMUNITY, works with socially responsible landlords to offer safe accommodation and support to vulnerable individuals through a community support worker and a volunteer mentor scheme. 2. Happy Days SOCIAL ENTERPRISE; set up of work based projects and partners that provides skills, volunteering and employment opportunities to our residents and raise vital funding for the continuation and operation of the charity. At the end of the year we review our aims and objectives through looking at what we have achieved and the outcomes. This assists us to look at the benefit of our work to the individuals we aim to support and remain focused. **- 2 -** **HAPPYDAYS MINISTRIES UK** **TRUSTEES' ANNUAL REPORT** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **ACHIEVEMENTS AND PERFORMANCE** Following a global covid pandemic and the challenges that this has brought to the Charity, its residents and its staff, it is even more important to thank and recognise that we are extremely grateful for the hard work of our volunteers, staff, supporters and partners who have assisted the Charity to grow and build firmer foundations in 2021/22. Happy Days is now an established small Charity developing a good record of helping people out of homelessness and into safe accommodation, volunteering and work, creating strong partnership links across the Borough and other regions. We officially were presented with our Queens Award for volunteering from the Lord Lieutenant of West Yorkshire, where the team were honoured for their hard work and commitment to making a difference. The Award has helped to raise Happydays profile both locally and regionally. Our mission statement of bringing Hope to the Homeless remains at the very heart of our work through our two programmes - Community & Social Enterprise. Since the Charity started in 2013 we have supported more than 230 individuals towards independent living through our Happy Days Community. During this year some residents managed to move on, returned home to family and some have started volunteering and working. We referred several residents to our partner organisations, Reflections in Castleford, Alpha House and the Basement Project to go through addiction counselling and recovery. ## Social Enterprise & Meaningful Activities: Happy Days Cycle CIC was formed in 2019 with a Board of Directors from the private and charitable sectors. All the Directors are unpaid and act on a voluntary basis. The Charity continues to receive a share of the profits generated by the CIC. Our residents also volunteer in the shop creating a pathway to work. Following the Covid pandemic and lockdown, one of our main focuses, was on our residents and engaging with them across the charity. We felt it was important for our residents to move away from any feelings of isolation, back into engagement, volunteering, recovery and especially daily interaction with the team. Happy Days continues to run a "happylife" Activity Programme five days a week based at our Hub. This offers a variety of health, wellbeing, and physical activities. Across the spring and summer we produced a number of handmade wooden products including garden benches, garden planters, bird boxes, dog beds and Christmas trees. These are produced by our residents overseen by our Activity Coordinator and sold at charity/community events across the borough. At our Happydays Hub we held community meetings, mental health groups, team building workshops, cooking classes and events and regular support group work with our residents. Our gardening groups led by Laura from Serenity Wellbeing, met weekly at our supported accommodation, and move on accommodation. We improved the living environment for our residents but also encouraged as many residents as possible to get active, increasing the sense of community and wellbeing across our housing schemes. We held weekly walking events and took groups to play football, rock climbing, go-karting and on trips away The support journey we have in place - including our referral, assessment, risk assessment and support plan - ensures our offer is of a high standard. We believe this will enable more residents to reach independent and purposeful lives within two years in our intensively supported accommodation. **- 3 -** **HAPPYDAYS MINISTRIES UK** **TRUSTEES' ANNUAL REPORT** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **ACHIEVEMENTS AND PERFORMANCE** _**(continued)**_ During the past two years we developed our safeguarding standards significantly, to ensure there is accountability at Board level and Senior Managers. They have regular sight of safeguarding incidents and any referrals to Gateway to Care. We require all our Board, staff and volunteers to be trained to Level 3 Safeguarding and all DBS checked. Our documentation categorizes incidents by subject so that we can risk assess and ensure preventative measures are put in place in any high-risk areas. Following the covid pandemic we have seen a significant increase in people wanting to access our service due to a marked rise in homelessness, and increased issues with our existing residents with mental health and addiction issues. We would like to thank all those who have contributed to the success of Happy Days and ultimately the success in supporting residents now and towards improving their lives and building their capabilities for the future. This includes all the staff, volunteers, partners, funders and individual donors, without you this would not be possible. Thanks should also go to the residents as without their engagement in what we are doing and offering them, we would not be seeing the levels of success that we are. Happy Days has always been a very small charity with a minimum of paid staff. It has grown through this year, establishing stronger more rigorous policies, processes and controls. Funding is always a key challenge for charities, more so now than ever, with an increasing demand for services and decreasing support from local/central government. This increases the demand on, and competition for, funding from all other sources, both private and corporate. Many of these are keen to support changes and enhancements to services offered, making establishing funding for core and ongoing activities even more challenging. It is therefore important to recognise the support we have received from funders this year and to thank them for it. Our funders: Community Foundation for Calderdale, Lloyds Bank Foundation, Kirklees Council Wooden Project, Stewardship, Speedomick Foundation, Versus Arthritis, Arnold Clark, MSE Charity, West Yorkshire CA, Cloth Workers Fund, Screwfix Fund, Halifax Town Football Club, Charities Aid Foundation, WY Police and Crime Commissioner, Access Impact, National Lottery, Groundworks UK. As can be seen above, funding continues to be sought through grants and donations from organisations, but we continue to move towards generating income via our Social Enterprises, housing rental income and regular individual donations. This year has been a year of building towards a solid, sustainable way forward and planning for the growth of the Charity. Whilst grants are massively important, they only last for a finite period of time and are often targeted on a specific objective. The key to sustainability is to have regular, dependable income which we can budget against. This is why the Social Enterprises, regular donations and suitable levels of rent and housing benefit are so vital. From a financial perspective we have progressed nicely during the last 12 months towards this. Managing property rental income including enhanced housing benefit for residents is a complex balance between income generation and the ability to support and help the residents with their individual and sometimes complex issues is a key challenge. Having too many individuals with significant and complex needs in residence can degrade the level of support we can offer the individual with the team we have; while too few residents means the revenue from property rental is lower and, in some situations, lower than the cost of providing support. With the increased financial information and management being provided we are improving our financial model to help manage this more effectively, trying to ensure we do not experience negative cost situations beyond short term blips. **- 4 -** ## **HAPPYDAYS MINISTRIES UK** **TRUSTEES' ANNUAL REPORT** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **ACHIEVEMENTS AND PERFORMANCE** _**(continued)**_ With funding tight, it is the responsibility of all within the charity to minimise costs. This has been done, but with the significant growth achieved and planned it is a challenge to maintain this. Hence the need to introduce more policies, processes and controls to the charity. This was started during the last financial year, and we are now confident that we have all suitable controls and processes in place to support the charity and will allow it to grow further whilst still maintaining financial stability and control. ## **FINANCIAL REVIEW** During the year expenditure has exceeded income by £23,281 (2021: net income of £45,477). The total funds of the Charity have increased from £1,545,019 to £1,754,467 following an upward revaluation of the properties held by charity. The Trustees have established a level of reserves that the charity should have to operate and meet the Charity's objectives. The reserves policy is to equal at least 3 months expenditure. There are free reserves of £190,879 as at 31st March 2022 (2021 - £171,420) after accounting for restricted funds and fixed assets. The Trustees have reviewed the circumstances and consider that adequate resources continue to be available to fund the activities of the charity for the foreseeable future. The Trustees are of the view that the Charity is a going concern. We now have an ongoing reserves policy in place with an amount of £86,050 set aside and we are maintaining this as a separate fund. ## **Going concern** The charity has considered its expected incomings and outgoings for the next twelve months and is confident that it will have sufficient funding and unrestricted income to be able to meet its liabilities and continue to operate for the next year. The trustees consider the charity to be a going concern. ## **PLANS FOR FUTURE PERIODS** We have been working closely with our residents to help create strong communities. We initially made a needs analysis for these new residents and identified a number of areas for improvement. These are support with tenancy management, mental health, addiction and debt. We now have regular drop-in sessions for residents, holistic sessions include a weekly gardening group, and we are looking at expanding into other areas. With the growth of Happy Days, we continue to be focused on our key objective of supporting and helping our residents whilst building a sustainable and robust organisation with controls and processes which are effective and appropriate. Given that Happy Days started as a small charity it is key for us to evolve our operations, people, processes and controls in order to build strong foundations able to sustain the growth in an ethical and compliant manner. We recognise that this is vital for Happy Days to be a credible organisation which can positively impact the lives of as many people as possible. Throughout the year we have invested significantly to improve our properties by adding new kitchens and bathrooms, and have a scheduled ongoing works programme to replace all the windows and radiators. **- 5 -** HAPPYDAYS IKtNISTRIES UK TRUSTEESI ANNUAL REPORT YEAR ENDED 31 MARCH 2022 We will conlinue to expand the Charity in ]iDQ with our Growth Strate8y and will ¢•de4VOW to work to our vision of secin8]wmelessw reduced and vuknerable people ¢M￿)w￿¢d to live indeF*D￿ and aknut 8uthithle change iti people's lives. whil¥t the WO￿ of the Charity to ourvalues of Togeth¢r C#lderdak ( Company Nuthbtr 05925032 England and Wales. Clwxty Number 1119477) {cro. The Pur￿8¢ of this ArneDt is to 8¢t (Mtt the amDg￿￿ by whith HDM will botl manag¢ The covets th¢ p¢rio& knoivn ￿ the TraD8itiI)nPeri(ML dwiD8wbich Th¢ S¢rYitts will b¢mana8edby HDM on behalf of CTC but the crc Board vrill Tetain legal accountability for Th¢ Services. This period is expectedto cotw)l¢t¢ by May 2023 at Which￿iD¢ all The ser￿V￿ll bav¢traD8f¢rred overto HDM atsd HDM V4711 then become accountable dellvery. The FOCMI Bank The Ballq￿ting Tabk The trust¢¢g antsual r￿￿rt Jpproved on 19 January 2023 Ind si8wI OD of th¢ bottrd of G P He[th￿ (awir) HAPPYDAYS MtMSTRIES UK INDEPENDENT EXAMtNERIS REPORT TO THE TRUSTEES OF HAPPYDAYS MINISTRIES IJK YEAR ENDED JI MARCH 2022 I report to the tswtees on my examinatson of tbe fiDancial statem￿ts of Happydays Ministtieg UK (Yh¢ ¢lJaTity) for the year ended 31 March 2022. RESPONSIBILrrJis AND BASIS OF REPORT As th¢ tr￿Ste¢S of the charlty you are responsible for the preparntion of the finan¢ial statements in accordallee with the requIr￿ents of tbe Charities Act 2011 ('the Act,). l Teport iih res￿ of my exomittation of th¢ fiDan¢ial stat¢me]Jts carried out under se¢tion 145 of th¢ 201 l Act alld itk wing out my extimitiation I have followryl all the applicable DI￿tiOnS giverA by tb¢ Charity ConUDi￿l0n under se¢tion 145{5)(b) of the ACL INDEPEIYDENT ExA￿l(NER,s STATEMKiYr Since the cljarity'8 VO$8 iDcome exceeded £250,OLM) your examiner nll￿t be # nwnber of 8 body listed in 8xtion 145 of the 2011 Act. I conf]nD that l am qualified to uudertkke th¢ examination be¢au8? a m¢mber of the In8titsrte of Chartrfed Ac¢ouDtants iti EnBl•ttd and W8le8 (ICAEW), wbi¢h is one of the lilted bodie8. J have completed my examinAtAOL l confirni that no material matters bave ¢ome to my attentioll in conne¢tion with the examimatsofj 8iviug me cowe to believ¢ that in any mateTial r¢spect: accouiiling record8 wcrc not k¢pt in re4Vt of th¢ clwlty as wuired by sectioll 130 of the A¢i or the finatscial ststeJ]Mits do Jjot accord with those records. or the fina￿la1 Statelll￿tS do not compty with the applicablkn requirnents concerning th¢ fonn and cont¢nt of accouDts set out in the C￿ltieS (A￿O￿lts and Reports) Regulation$ 2008 other thatt any requirem¢Dt that tlL¢ a￿OUnts give a'tNe alld fairf view whi¢h is not a Dwttcr congider&1 as part of an inthpeLd¢Dt ¢xamiJiatio I hav¢ no wncem5 and have com¢ acro3s no Other ￿att¢r$ in c4)Dnection with the ¢xamittthon to wbich attention slwuld be thawn in this in order to enabk a proper understan(bn8 of the to be S K Shacklock FCA lode￿dent Examiner Equitable Howe 55 Pellon L4ne Halifax West Yorkshire HXI 5SP 19 J4Duary 2023 ## **HAPPYDAYS MINISTRIES UK** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **YEAR ENDED 31 MARCH 2022** ||||**2022**||2021| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|**Total funds**|Total funds| ||**Note**|**£**|**£**|**£**|£| |**Income and endowments**|||||| |Donations and legacies|**4**|72,495|147,690|**220,185**|260,351| |Charitable activities|**5**|485,050|–|**485,050**|450,294| |Other trading activities|**6**|3,489|–|**3,489**|5,856| |Investment income|**7**|–|–|**–**|90| |Other income|**8**|11,938|–|**11,938**|4,000| |||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------| |**Total income**||572,972|147,690|**720,662**|720,591| |||=====================================|=====================================|=====================================|=====================================| |**Expenditure**|||||| |Expenditure on raising funds:|||||| |Costs of other trading activities|**9**|3,917|–|**3,917**|–| |Expenditure on charitable activities|**10,11**|553,578|186,448|**740,026**|672,914| |Other expenditure|**13**|–|–|**–**|2,200| |||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------| |**Total expenditure**||557,495|186,448|**743,943**|675,114| |||=====================================|=====================================|=====================================|=====================================| |||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------| |**Net (expenditure)/income**||15,477|(38,758)|**(23,281)**|45,477| |||=====================================|=====================================|=====================================|=====================================| |**Other recognised gains and losses**|||||| |Gains from revaluation of fixed assets||232,729|–|**232,729**|–| |||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------| |**Net movement in funds**||248,206|(38,758)|**209,448**|45,477| |**Reconciliation of funds**|||||| |Total funds brought forward||1,465,431|79,588|**1,545,019**|1,499,542| |||-----------------------------------------------|-------------------------------------|-----------------------------------------------|-----------------------------------------------| |**Total funds carried forward**||1,713,637|40,830|**1,754,467**|1,545,019| |||===============================================|=====================================|===============================================|===============================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 11 to 27 form part of these financial statements.** **- 8 -** HAPPYDAYS MINISTRIES UK STATEMENT OF FINANCIAL POSITION 31 MARCH 2022 2022 2021 Note FIXED ASSETS Tangible fixed **Total funds**|Total fund| ||directly
|costs|**2022**|2021| ||£|£|**£**|£| |Charitable activities|568,176|135,604|**703,780**|666,258| |Governance costs|–|36,246|**36,246**|6,656| ||-------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------| ||568,176|171,850|**740,026**|672,914| ||=====================================|=====================================|=====================================|=====================================| ## **12. ANALYSIS OF SUPPORT COSTS** ||Analysis of||| |---|---|---|---| ||support costs|**Total 2022**|Total 2021| ||£|**£**|£| |Staff costs|67,181|**67,181**|47,541| |Premises|1,333|**1,333**|8,070| |Communications and IT|9,050|**9,050**|8,583| |General office|12,361|**12,361**|13,589| |Insurance|4,293|**4,293**|1,625| |Depreciation|7,330|**7,330**|2,028| |Interest on bank loan|3,609|**3,609**|4,313| |Bank charges|1,015|**1,015**|637| |Bad debts|20,402|**20,402**|20,517| |Training|3,691|**3,691**|1,118| |Advertising|5,339|**5,339**|3,965| |Accountancy and independent examination fees|3,154|**3,154**|4,786| |Legal and other professional fees|33,092|**33,092**|1,870| ||-------------------------------------|-------------------------------------|-------------------------------------| ||171,850|**171,850**|118,642| ||=====================================|=====================================|=====================================| **- 16 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **13. OTHER EXPENDITURE** |**13.**|**OTHER EXPENDITURE**||||| |---|---|---|---|---|---| |||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |||Funds|**2022**|Funds|2021| |||£|**£**|£|£| ||Loss on disposal of tangible fixed||||| ||assets held for charity's own use|–|**–**|2,200|2,200| |||================|================|==========================|==========================| |**14.**|**NET (EXPENDITURE)/INCOME**||||| ||Net (expenditure)/income is stated after charging/(crediting):||||| |||||**2022**|2021| |||||**£**|£| ||Depreciation of tangible fixed assets|||**7,330**|2,028| ||Loss on disposal of tangible fixed assets|||**–**|2,200| |||||==========================|==========================| |**15.**|**INDEPENDENT EXAMINATION FEES**||||| |||||**2022**|2021| |||||**£**|£| ||Fees payable to the independent examiner for:||||| ||Independent examination of the financial statements|||**1,500**|1,500| ||Other services|||**1,750**|3,286| |||||--------------------------|--------------------------| |||||**3,250**|4,786| |||||==========================|==========================| ## **16. STAFF COSTS** The total staff costs and employee benefits for the reporting period are analysed as follows: ||**2022**|2021| |---|---|---| ||**£**|£| |Wages and salaries|**303,119**|243,051| |Social security costs|**20,552**|15,434| |Employer contributions to pension plans|**4,750**|4,241| ||-------------------------------------|-------------------------------------| ||**328,421**|262,726| ||=====================================|=====================================| The average head count of employees during the year was 13 (2021: 14). No employee received employee benefits of more than £60,000 during the year (2021: Nil). ## **Key Management Personnel** Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £58,821 (2021:£44,332). **- 17 -** **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **17. TRUSTEE REMUNERATION AND EXPENSES** No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. No trustee expenses have been incurred. ## **18. TANGIBLE FIXED ASSETS** ||Investment|Motor|Computer|| |---|---|---|---|---| ||Property|vehicles|equipment|**Total**| ||£|£|£|**£**| |**Cost**||||| |At 1 April 2021|1,272,271|25,369|11,328|**1,308,968**| |Additions|–|–|3,348|**3,348**| |Revaluations|232,729|–|–|**232,729**| ||-----------------------------------------------|-------------------------------|-------------------------------|-----------------------------------------------| |**At 31 March 2022**|1,505,000|25,369|14,676|**1,545,045**| ||===============================================|===============================|===============================|===============================================| |**Depreciation**||||| |At 1 April 2021|–|8,245|6,712|**14,957**| |Charge for the year|–|4,281|3,049|**7,330**| ||-----------------------------------------------|-------------------------------|-------------------------------|-----------------------------------------------| |**At 31 March 2022**|–|12,526|9,761|**22,287**| ||===============================================|===============================|===============================|===============================================| |**Carrying amount**||||| |**At 31 March 2022**|1,505,000|12,843|4,915|**1,522,758**| ||===============================================|===============================|===============================|===============================================| |At 31 March 2021|1,272,271|17,124|4,616|1,294,011| ||===============================================|===============================|===============================|===============================================| |**DEBTORS**||||| ||||**2022**|2021| ||||**£**|£| |Trade debtors|||**33,049**|34,932| |Prepayments and accrued income|||**12,439**|4,578| |Other debtors|||**–**|639| ||||-------------------------------|-------------------------------| ||||**45,488**|40,149| ||||===============================|===============================| ## **19. DEBTORS** **- 18 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **20. CREDITORS: amounts falling due within one year** |**20.**|**CREDITORS:** **amounts falling due within one year**||| |---|---|---|---| |||**2022**|2021| |||**£**|£| ||Bank loans and overdrafts|**8,395**|7,619| ||Trade creditors|**13,804**|29,089| ||Accruals and deferred income|**33,254**|13,865| ||Social security and other taxes|**8,502**|8,931| ||Other creditors|**1,144**|2,291| |||-------------------------------|-------------------------------| |||**65,099**|61,795| |||===============================|===============================| |**21.**|**CREDITORS:** **amounts falling due after more than one year**||| |||**2022**|2021| |||**£**|£| ||Bank loans and overdrafts|**19,440**|27,835| |||===============================|===============================| |**22.**|**DEFERRED INCOME**||| |||**2022**|2021| |||**£**|£| ||At 1 April 2021|**2,535**|3,420| ||Amount released to income|**(4,251)**|(885)| ||Amount deferred in year|**30,994**|–| |||-------------------------------|--------------------------| ||**At 31 March 2022**|**29,278**|2,535| |||===============================|==========================| ## **23. PENSIONS AND OTHER POST RETIREMENT BENEFITS** ## **Defined contribution plans** The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £4,750 (2021: £4,241). **- 19 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **24. ANALYSIS OF CHARITABLE FUNDS** ## **Unrestricted funds** ||||||Gains and|| |---|---|---|---|---|---|---| ||1 Apr 2021|Income|Expenditure|Transfers|losses|**31 Mar 2022**| ||£|£|£|£|£|**£**| |General funds|156,341|572,972|
(557,495)|–|–|**171,818**| |Contingency fund|86,050|–|
–|–|–|**86,050**| |Revaluation||||||| |reserve|1,223,040|–|
–|–|232,729|**1,455,769**| ||-----------------------------------------------|-------------------------------------|-------------------------------------|----------------|-------------------------------------|-----------------------------------------------| ||1,465,431|572,972|
(557,495)|–|232,729|**1,713,637**| ||===============================================|=====================================|=====================================|================|=====================================|===============================================| ||At||||Gains and|| ||1 Apr 2020|Income|Expenditure|Transfers|losses|31 Mar 2021| ||£|£|£|£|£|£| |General funds|237,549|494,614|
(445,227)|(130,595)|
–|156,341| |Contingency fund|–|–|
–|86,050|–|86,050| |Revaluation||||||| |reserve|1,223,040|–|
–|–|–|1,223,040| ||-----------------------------------------------|-------------------------------------|-------------------------------------|-------------------------------------|----------------|-----------------------------------------------| ||1,460,589|494,614|
(445,227)|(44,545)|
–|1,465,431| ||===============================================|=====================================|=====================================|=====================================|================|===============================================| Unrestricted funds include £1,522,758 (2021 - £1,294,011) invested in fixed assets and therefore not available for spending. The transfer in the prior year relates to the reallocation of income received in March 2020 in respect of the Northern Impact Fund and also the transfer of income to cover restricted expenditure from a loan from the Northern Impact Fund. **- 20 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **24. ANALYSIS OF CHARITABLE FUNDS** _**(continued)**_ ## **Restricted funds** |**Restricted funds**||||||| |---|---|---|---|---|---|---| ||||||Gains and|| ||1 Apr 2021|Income|Expenditure|Transfers|losses**31 Mar 2022**|| ||£|£|£|£|£|**£**| |National Lottery|–|42,078|
(18,935)|–|–|**23,143**| |Groundworks UK|348|15,224|
(15,572)|–|–|**–**| |CFFC - Art|18|–|
(18)|–|–|**–**| |Lloyds Bank||||||| |Foundation|33,000|33,000|
(66,000)|–|–|**–**| |Kirklees Council|6|–|
(6)|–|–|**–**| |The P27 Trust|20,000|–|
(20,000)|–|–|**–**| |Cyclists Club|454|–|
(454)|–|–|**–**| |Scouter Trust|1,100|–|
(1,095)|–|–|**5**| |McNaught||||||| |Refugee Rental||||||| |Income Fund|2,000|–|
(47)|–|–|**1,953**| |The Hilden||||||| |Charitable Fund|5,000|1,000|
(1,890)|–|–|**4,110**| |Third Sector||||||| |Yoga Fund|412|–|
(412)|–|–|**–**| |CFFC Move On||||||| |Fund|689|–|
(689)|–|–|**–**| |CAF Resilience||||||| |Fund|61|–|
(61)|–|–|**–**| |WYPCC|6,000|–|
(6,000)|–|–|**–**| |Access Impact|10,000|–|
(10,000)|–|–|**–**| |CMBC|500|–|
(500)|–|–|**–**| |Speedomick||||||| |Foundation|–|2,236|
(1,106)|–|–|**1,130**| |Clothworkers||||||| |Minibus and||||||| |gardening fund|–|4,081|
(4,081)|–|–|**–**| |Enable||||||| |Community sw|–|850|
(850)|–|–|**–**| |Sir George|–|2,400|
(2,400)|–|–|**–**| |Versus Arthritis|–|4,852|
(4,852)|–|–|**–**| |Arnold Clark|–|1,000|
–|–|–|**1,000**| |Community||||||| |Foundation - Fuel|–|1,640|
(1,531)|–|–|**109**| |Tesco Token||||||| |Groundworks|–|500|
(128)|–|–|**372**| |Screwfix Fund|–|5,000|
(3,500)|–|–|**1,500**| |Kirklees Wooden||||||| |Project|–|3,089|
(3,089)|–|–|**–**| ||-------------------------------|-------------------------------------|-------------------------------------|-------------------------------|-------------------------------|-------------------------------| |Carried forward|79,588|116,950|
(163,216)|–|–|**33,322**| **- 21 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **24. ANALYSIS OF CHARITABLE FUNDS** _**(continued)**_ ||||||Gains and||| |---|---|---|---|---|---|---|---| ||1 Apr 2021|Income|Expenditure|Transfers|losses|**31 Mar**|**2022**| ||£|£|£|£|£|**£**|| |Brought forward|79,588|116,950|
(163,216)|–|–|**33,322**|| |CMBC Ward|||||||| |Forum|–|500|
(110)|–|–|**390**|| |CAFF Grant|–|500|
–|–|–|**500**|| |The MSE Charity|–|2,700|
(2,700)|–|–||**–**| |STWDSHP|–|20,000|
(19,712)|–|–|**288**|| |V&C|–|2,080|
(710)|–|–|**1,370**|| |West Yorkshire|||||||| |CA|–|4,960|
–|–|–|**4,960**|| ||-------------------------------|-------------------------------------|-------------------------------------|----------------|----------------|-------------------------------|| ||79,588|147,690|
(186,448)|–|–|**40,830**|| ||===============================|=====================================|=====================================|================|================|===============================|| ||||||Gains and||| ||1 Apr 2020|Income|Expenditure|Transfers|losses|31 Mar 2021|| ||£|£|£|£|£|£|| |National Lottery|10,000|–|
(10,000)|–|–||–| |Tudor Trust|28,953|–|
(28,953)|–|–||–| |One Community|–|399|
(399)|–|–||–| |Groundworks UK|–|1,166|
(818)|–|–||348| |NET Community|||||||| |Resilience Fund|–|3,000|
(3,000)|–|–||–| |CAF Coronavirus|||||||| |Emergency Fund|–|4,247|
(4,247)|–|–||–| |Tesco Bags of|||||||| |Help COVID-19|||||||| |Communities|||||||| |Fund|–|500|
(500)|–|–||–| |CFFC - Art|–|1,000|
(982)|–|–||18| |Lloyds Bank|||||||| |Foundation|–|33,000|
–|–|–|
33,000|| |NET Community|||||||| |Resilience Fund|–|6,000|
(6,000)|–|–||–| |Kirklees Council|–|995|
(989)|–|–||6| |Creative Minds -|||||||| |Willow Lane in|||||||| |Bloom|–|1,400|
(1,400)|–|–||–| |Sport England|–|4,000|
(4,000)|–|–||–| |NET Coronavirus|||||||| |Emergency Fund|–|3,000|
(3,000)|–|–||–| |The P27 Trust|–|20,000|
–|–|–|
20,000|| |Bike Store|–|5,000|
(5,000)|–|–||–| |Cyclists Club|–|2,950|
(2,496)|–|–||454| |Scouter Trust|–|3,000|
(1,900)|–|–|
1,100|| ||-------------------------------|-------------------------------------|-------------------------------------|-------------------------------|-------------------------------|-----------------------------|| |Carried forward|38,953|89,657|
(73,684)|–|–|
54,926|| **- 22 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **24. ANALYSIS OF CHARITABLE FUNDS** _**(continued)**_ ||||||Gains and|| |---|---|---|---|---|---|---| ||1 Apr 2020|Income|Expenditure|Transfers|losses31 Mar 2021|| ||£|£|£|£|£|£| |Brought forward|38,953|89,657|(73,684)||–|54,926| |National Lottery||||||| |Social Enterprise||||||| |Support Fund|–|39,535|(39,535)||–|–| |Move On Fund|–|1,000|(1,000)||–|–| |The Judith and||||||| |Neil||||||| |Charlesworth||||||| |Fund|–|1,000|(1,000)||–|–| |McNaught||||||| |Refugee Rental||||||| |Income Fund|–|2,000|–||–|2,000| |The Hilden||||||| |Charitable Fund|–|5,000|–||–|5,000| |Third Sector||||||| |Yoga Fund|–|1,020|(608)||–|412| |CFFC Move On||||||| |Fund|–|2,200|(1,511)||–|689| |Halifax Town||||||| |Football Club|–|1,000|(1,000)||–|–| |CAF Resilience||||||| |Fund|–|65,000|(64,939)||–|61| |WYPCC|–|6,000|–||–|6,000| |Access Impact|–|10,000|–||–|10,000| |CMBC|–|500|–||–|500| |Co-op|–|2,065|(2,065)||–|–| |Northern Impact||||||| |Fund Grant|–|–|(7,668)||7,668|–| |Northern Impact||||||| |Fund Loan|–|–|(36,877)||36,877|–| ||-------------------------------|-------------------------------------|-------------------------------------|----------------|-------------------------------|-------------------------------| ||38,953|225,977|(229,887)|–|44,545|79,588| ||===============================|=====================================|=====================================|================|===============================|===============================| The following funds represent balances in respect of grants and donations made for specific purposes relating to the ongoing costs of the Charity:- National Lottery - Contribution towards core costs Tudor Trust - Contribution towards cost of employment of a Community Housing Project Manager One Community - IT equipment for inhouse recovery programme Groundworks UK - Bike maintenance and materials National Emergencies Trust Community Resilience Fund - Gardening project **- 23 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **24. ANALYSIS OF CHARITABLE FUNDS** _**(continued)**_ Charities Aid Foundation Coronavirus Emergency Fund - Inhouse recovery programme Tesco Bags of Help COVID-19 Communities Fund - Intensive recovery session within the community and recovery training sessions for support workers Community Foundation for Calderdale - Art course and art equipment Lloyds Bank Foundation - Contribution towards core costs National Emergencies Trust Community Resilience Fund - CCTV Kirklees Council - Gardening project Creative Minds Willow Lane in Bloom - Inhouse recovery programme Sport England - Inhouse recovery programme National Emergencies Trust Coronavirus Emergency Fund - Inhouse recovery programme The P27 Trust - Towards the community housing manager for one year Bike store - Creation of bike storage area Cyclist club - Bike maintenance Scouter Trust - Provision of accommodation for asylum seekers National Lottery Social Enterprise Support Fund - Creation of a Hub as a Covid 19 safe environment to carry out activities and recovery sessions Move On Fund - Provision of new home kits for residents The Judith and Neil Charlesworth Fund - Support worker costs McNaught Refugee Rental Income Fund - Provision of accommodation for refugees The Hilden Charitable Fund - Provision of accommodation for asylum seekers in the next year Third Sector Yoga Fund - Yoga tuition and equipment to aid mental health and recovery support Community Foundation for Calderdale Move On Fund - New home kits for residents Halifax Town Football Club - Christmas gift hampers Charities Aid Foundation Resilience Fund - Contribution to core costs West Yorkshire Police and Crime Commissioner - Provision of accommodation for individuals who have no recourse to public funds Access Impact Management Programme - Contribution towards Business Manager salary **- 24 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **24. ANALYSIS OF CHARITABLE FUNDS** _**(continued)**_ Calderdale Metropolitan Borough Council - Assist ex-homeless people back into main stream employment Co-op - Gardening project Northern Impact Fund Grant - Contribution towards employment costs Northern Impact Fund Loan - Employment and rent costs. Funds have been transferred from unrestricted income to cover the restricted expenditure. Speedomick Foundation - Contribution towards residents activities Clothworkers - Grant income for purchases of the minibus deferred over the useful economic life of the asset Enable Community sw - Contribution towards residents projects Sir George - Help to deliver projects for the next three months. Versus Arthritis - To provide a sport project worker to engage the residents in activities. Arnold Clark Community Fund - Contribution towards starter packs Community Foundation - Fuel Tesco Token Groundworks - Contribution towards residents projects Screwfix Fund - To purchase material to build a summer house for the residents recovery project. Kirklees - Wooden project CMBC Ward - Football Pitch and refreshments CAFF - Contribution towards residents projects The MSE Charity - Contribution to core costs STWDSHP - To support the community Housing Manager role V&C - Contribution towards residents activities West Yorkshire Combined Authority - to provide support worker to run a walking group and a cycling group with the aim to support our residents. ## **25. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ||Unrestricted|Restricted|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2022**| ||£|£|**£**| |Tangible fixed assets|1,522,758|–|**1,522,758**| |Current assets|247,583|68,665|**316,248**| |Creditors less than 1 year|(56,704)|(8,395)|
**(65,099)**| |Creditors greater than 1 year|–|(19,440)|
**(19,440)**| ||-----------------------------------------------|-------------------------------|-----------------------------------------------| |**Net assets**|1,713,637|40,830|**1,754,467**| ||===============================================|===============================|===============================================| **- 25 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **25. ANALYSIS OF NET ASSETS BETWEEN FUNDS** _**(continued)**_ |**ANALYSIS OF NET ASSETS BETWE**|**EN FUNDS****_(continued)_**||| |---|---|---|---| ||Unrestricted|Restricted|Total Funds| ||Funds|Funds|2021| ||£|£|£| |Tangible fixed assets|1,294,011|–|1,294,011| |Current assets|225,596|115,042|340,638| |Creditors less than 1 year|(54,176)|(7,619)|(61,795)| |Creditors greater than 1 year|–|(27,835)|(27,835)| ||-----------------------------------------------|-------------------------------------|-----------------------------------------------| |**Net assets**|1,465,431|79,588|1,545,019| ||===============================================|=====================================|===============================================| ## **26. MERGER** Happydays Ministries UK and Second Halifax Housing Limited merged on 1 June 2020. ## **Analysis of principal SoFA components for the previous reporting period** ||Happydays|Second Halifax|Happydays|| |---|---|---|---|---| ||Ministries UK|Housing Limited|Ministries UK|Combined| ||(pre-merger)|(pre-merger)|(post-merger)|Total| ||£|£|£|£| |Total Income|53,647|34,974|631,691|720,312| |Total expenditure|(54,225)|(19,917)|(600,693)|(674,835)| ||-------------------------------|-------------------------------|-------------------------------------|-------------------------------------| |Net income/expenditure|(578)|15,057|30,998|45,477| |Other gains/losses|–|–|–|–| ||----------------|-------------------------------|-------------------------------|-------------------------------| |Net movements in funds|(578)|15,057|30,998|45,477| ||================|===============================|===============================|===============================| ## **Analysis of net assets at the date of the merger** ||Happydays|Second Halifax|Combined| |---|---|---|---| ||Ministries UK|Housing Limited|Total| ||£|£|£| |Net assets|65,168|1,448,852|1,514,020| |Represented by:|||| |Unrestricted funds|22,244|1,448,852|1,471,096| |Restricted income funds|42,924|–|42,924| ||-------------------------------------|-----------------------------------------------|-----------------------------------------------| |Total funds|130,336|2,897,704|3,028,040| ||=====================================|===============================================|===============================================| **- 26 -** ## **HAPPYDAYS MINISTRIES UK** ## **NOTES TO THE DETAILED STATEMENT OF FINANCIAL ACTIVITIES** _**(continued)**_ ## **YEAR ENDED 31 MARCH 2022** ## **27. ANALYSIS OF CHANGES IN NET DEBT** ||1 Apr 2021|Cash flows|**31 Mar 2022**| |---|---|---|---| ||£|£|**£**| |Cash at bank and in hand|300,489|(29,729)|**270,760**| |Debt due within one year|(7,619)|(776)|**(8,395)**| |Debt due after one year|(27,835)|8,395|**(19,440)**| ||-------------------------------------|-------------------------------|-------------------------------------| ||265,035|(22,110)|**242,925**| ||=====================================|===============================|=====================================| ## **28. OPERATING LEASE COMMITMENTS** The total future minimum lease payments under non-cancellable operating leases are as follows: ||**2022**|2021| |---|---|---| ||**£**|£| |Not later than 1 year|**12,000**|12,000| |Later than 1 year and not later than 5 years|**3,830**|15,830| ||-------------------------------|-------------------------------| ||**15,830**|27,830| ||===============================|===============================| ## **29. RELATED PARTIES** Three of the rental properties used by the charity to support vulnerable individuals are jointly owned by the CEO, David Fawcett, Katie Fawcett and a third unconnected individual. Rents receivable from Calderdale MBC and paid to the landlord are on normal commercial terms. **- 27 -**