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||||PAGE|
|---|---|---|---|
|Trustees'|annual<br>report|||
|Independent<br>examiner's||report to the trustees||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Statement|ofcash flows||10|
|Notes to|the financial<br>statements|||





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|Registered charity|Registered charity|name|Happydays|Ministries|Ministries|UK||||
|---|---|---|---|---|---|---|---|---|---|
|Charity registration||number|1157527|||||||
|Principal office|||Greycourt|House||||||
||||160King|Cross|Road|||||
||||Halifax|||||||
||||West Yorkshire|||||||
||||HX1 3LN|||||||
|The Trustees|||N RGemmel|||||||
||||GP Henderson||(Chair)|||||
||||KTeague|||||||
||||M Rose|||||||
||||C Walker||||(Served from||1 April 2022 to|
||||||||3February|2023)||
||||N Chance-Thompson||||(Appointed|27 July 2022)||
||||SWilson||||(Appointed|13 October 2022)||
|Independent|Examiner||SRShacklock FCA|||||||
||||Equitable|House||||||
||||55Pelion|Lane||||||
||||Halifax|||||||
||||West Yorkshire|||||||
||||HX1 5$P|||||||





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|||||2023||2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Total funds|
|||Note|||5||
|Income and endowments|||||||
|Donations<br>and legacies||4|104,579|222,608|327,187|220,185|
|Charitable<br>activities||5|471,881||471,881|485,050|
|Other trading activities||6|262||262|3,489|
|Investment<br>income||7|179||179||
|Other income||8|157,414||157,414|11,938|
|Total income|||734,315|222,608|956,923|720,662|
|Expenditure|||||||
|Expenditure<br>on raising funds:|||||||
|Costs ofother trading activities||9|14,231||14,231|3,917|
|Expenditure<br>on charitable<br>activities||10,11|659,593|166,646|826,239|740,026|
|Total expenditure|||673,824|166,646|840,470|743,943|
|Net income/(expenditure)|||60,491|55,962|116,453|(23,281)|
|Other recognised<br>gains|and losses||||||
|Gains from revaluation|offixed assets|||||232,729|
|Net movement<br>in funds|||60,491|55,962|116,453|209,448|
|Reconciliation offunds|||||||
|Total funds brought forward|||1,713,637|40,829|1,754,466|1,545,019|
|Total funds carried forward|||1,774,128|96,791|1,870,919|1,754,467|





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|||||2023||2022|
|---|---|---|---|---|---|---|
|||Note|||||
|FIXEDASSETS|||||||
|Tangible fixed assets||17||1,548,154||1,522,758|
|CURRENT ASSETS|||||||
|Debtors||18|73,532||45,488||
|Cash at bank and in hand|||387,151||270,760||
||||460,683||316,248||
|CRKDITORSi amounts|falling due||||||
|within one year||19|127,727||65,099||
|NKT CURRENT ASSETS||||332,956||251,149|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES||||1,881,110||1,773,907|
|CREDITORS: amounts|falling due||||||
|after more than one year||20||10,191||19,440|
|NKT ASSETS||||1,870,919||1,754,467|
|FUNDS OFTHK CHARITY|||||||
|Restricted funds||||96,791||40,830|
|Unrestricted<br>funds:|||||||
|Revaluation<br>reserve|||1,455,769||1,455,769||
|Other unrestricted|income funds||318459||257,868||
|Total unrestricted<br>funds|||1,774,128||1,713,637||
|Total charity funds||23||1,870,919||1,754,467|





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||2023|2022|
|---|---|---|
|CASH FLOWS FROM OPERATING ACTIVITIES|||
|Net income/(expenditure)|116,453|(23„281)|
|Adj ustnrents for:|||
|Depreciation oftangible fixed assets|7,173|7,330|
|Net gains on investments||(682,729)|
|Other interest receivable<br>and similar income|(179)||
|Interest payable<br>and similar charges|3,830|4,624|
|Accrued expenses/(income)|4,830|(7,354)|
|Changes in:|||
|Trade and other debtors|(28,044)|(5,339)|
|Trade and other creditors|56,943|9,882|
|Cash generated<br>from operations|161,006|(696,867)|
|Interest paid|(3,830)|(4,624)|
|Interest received|179||
|Net cash from/(used<br>in) operating<br>activities|157&355|(701,491)|
|CASH FLOWS FROM INVESTING ACTIVITIES|||
|Purchase oftangible assets|(32,569)|(3,348)|
|Other investing<br>cash flow adjustment||682,729|
|Net cash (used in)/from<br>investing<br>activities|(32,569)|679,381|
|CASH FLOWS FROM FINANCING ACTIVITIES|||
|Proceeds from borrowings|(8,395)|(7,619)|
|Net cash used in financing<br>activities|(8,395)|(7,619)|
|NKT INCREASE/(DECREASE)<br>IN CASH AND CASH|||
|EQUIVALENTS|116,391|(29,729)|
|CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR|270,760|300,489|
|CASH AND CASH EQUIVALENTS AT END OF YEAR|387,151|270,760|





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|Depreciation|Depreciation|
|---|---|
|Depreciation<br>is calculated so asto write offthe cost orvaluation ofan asset, less its residual value,||
|over the useful economic life ofthat asset as follows:||
|Motor vehicles<br>25%reducing balance||
|Office equipment<br>33%straight<br>line and 15%reducing|balance|



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|4.|DONATIONS<br>AND LEGACIES|DONATIONS<br>AND LEGACIES|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2023|
|||||6|||
||DONATIONS||||||
||Donations|||51,650|15,243|66,893|
||Local giving|||35,517||35,517|
||Gift aid|||16,931||16,931|
||GRANTS||||||
||Grants|||481|207,365|207,846|
|||||104,579|222,608|327,187|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
||DONATIONS||||||
||Donations|||44,259|235|44 494|
||Local giving|||23,373||23,373|
||Gift aid|||4,252||4,252|
||GRANTS||||||
||Grants|||611|147,455|148,066|
|||||72,495|147,690|220,185|
|5.|CHARITABLE ACTIVITIES||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||||I||
||Housing|rents|471,881|471,881|485,050|485,050|
|6.|OTHER|TRADING ACTIVITIES|||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||||8||
||HUB||262|262|3,489|3,489|
|7.|INVKSTMKNT INCONIK||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||Bank interest receivable||179|179|||





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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2023|Funds|2022|
|Profit share|Happydays|Cycles CIC|550|550|||
|Fundraising|income||96,973|96)973|6,888|6,888|
|Other income|||59,891|59,891|5,050|5,050|
||||157,414|157,414|11,938|11,938|



|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|
|||Funds||2023|Funds||2022|
|Cost|offundraising|14,231||14,231|3,917||3,917|



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|EXPENDI|TURE ON CHAMTABL|E ACTIVITIES BYFUND T|YPE||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|Charitable|activities|505,449|163,180|668,627|
|Supportcosts||154,144|3,466|157,612|
|||659,593|166,646|826,239|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|Charitable|activities|412,956|155,219|568,176|
|Support costs||140,622|31,229|171,850|
|||553,578|186,448|740,026|



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|EXPENDI|TURE ON CHAM|TABLK ACTIVITIES|BYACTIVI|TY TYPE||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken|Support|Total funds|Total fund|
|||directly|costs|2023|2022|
|Charitable|activities|668,627|142,085|810,712|703,780|
|Governance|costs||15,527|15,527|36,246|
|||668,627|157,612|826,239|740,026|





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|||||||||Analysis of|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||support costs|Total 2023|Total 2022|
||Staffcosts|||||||67,202|67,202|67,181|
||Premises|||||||14,746|14,746|1,333|
||Communications||and IT|||||12,779|12,779|9,050|
||General office|||||||16,233|16,233|12,361|
||Insurance|||||||2,722|2 722|4,293|
||Depreciation|||||||7,173|7,173|7,330|
||Interest on bank||loan|||||2,833|2,833|3,609|
||Bank charges|||||||997|997|1,015|
||Bad debts|||||||9,568|9,568|20,402|
||Training|||||||1,435|1,435|3,691|
||Advertising|||||||6,397|6,397|5,339|
||Accountancy|and independent||||examination|fees|4,122|4,122|3,154|
||Legal and other professional||||fees|||11,405|11,405|33,092|
|||||||||157,612|157,612|171,850|
|13.|NET INCOME/(EXPENDITURE)||||||||||
||Net income/(expenditure)|||is stated after charging/(crediting):|||||||
||||||||||2023|2022|
||||||||||6||
||Depreciation|oftangible||fixed||assets|||7,173|7,330|
|14.|INDEPENDENT||EXAMINATION FEES||||||||
||||||||||2023|2022|
||Fees payable|to the independent||||examiner|for:||||
||Independent|examination||of|the financial||statements||1,572|1,500|
||Tax advisory|services|||||||1,890|1,750|
||||||||||3,462|3,250|





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|STAFFCOSTS|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed as|follows:|
||||2023|2022|
|Wages and salaries|||385,219|303,119|
|Social security costs|||32,454|20,552|
|Employer<br>contributions|to pension|plans|9,734|4,750|
||||427,407|328,421|



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||Investment|Motor|Computer||
|---|---|---|---|---|
||Property|vehicles|equipment|Total|
||||5||
|Cost|||||
|At 1 April 2022|1,505,000|25,369|14,676|1,545,045|
|Additions||27,600|4,969|32,569|
|At 31March 2023|1,505,000|52,969|19645|I577614|
|Depreciation|||||
|At I April 2022||12,526|9,761|22,287|
|Charge for the year||3,786|3,387|7,173|
|At 31March 2023||16,312|13,148|29,460|
|Carrying<br>amount|||||
|At 31March 2023|1,505,000|36,657|6,497|1,548,154|
|At 31 March 2022|1,505,000|12,843|4,915|1,522,758|





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|18.|DEBTORS||||
|---|---|---|---|---|
||||2023|2022|
||Trade debtors||44,016|33,049|
||Prepayments<br>and accrued|income|29,516|12,439|
||||73,532|45,488|
|19.|CREDITORS: amounts|falling due within one year|||
||||2023|2022|
||Bank loans and overdrafls||9,249|8,395|
||Trade creditors||33,093|13,804|
||Accruals and deferred income||70,999|33,254|
||Social security and other|taxes|12,463|8,502|
||Other creditors||1,923|1,144|
||||127/727|65,099|
|20.|CREDITORS: amounts|falling due after more than one year|||
||||2023|2022|
||Bank loans and overdrafls||10,191|19,440|
|21.|DEFERRED INCOME||||
||||2023|2022|
||At l April 2022||29,278|2,535|
||Amount<br>released to income||(20,173)|(4,251)|
||Amount<br>deferred<br>in year||53,088|30,994|
||At 31March 2023||62,193|29,278|



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||||||||Gains||
|---|---|---|---|---|---|---|---|---|
|||I Apr 2022||Income|Expenditure|Transfers|and losses 31Mar 2023||
|General funds|||171,818|734,315|(673,824)|(50,000)|—|182,309|
|Contingency|fund||86,050|||||86,050|
|Revaluation|||||||||
|reserve|||1,455,769|||||1,455,769|
|Sinking fund||||||50,000||50,000|
||||1,713,637|734,315|(673,824)|||1,774,128|
||||||||Gains||
|||I|Apr 2021|Income|Expenditure|Transfers|and losses|31 Mar 2022|
|General fimds|||156,341|572,972|(557,495)|||171,818|
|Contingency|fund||86,050|||||86,050|
|Revaluation|||||||||
|reserve|||1,223,040||||232,729|1,455,769|
|Sinking fund|||||||||
||||1,465,431|572,972|(557,495)||232,729|1,713,637|



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||||||Gains and|
|---|---|---|---|---|---|
||I Apr 2022|Income|Expenditure|Transfers|losses 31Mar 2023|
|National Lottery|23,142|63,117|(78,430)||7,829|
|Scouter Trust|5||(5)|10,000|10,000|
|McNaught||||||
|Refugee Rental||||||
|Income Fund|1,953||(1,754)||199|
|The Hilden||||||
|Charitable<br>Fund|4,110||(2,891)||1,219|
|Clothworkers||||||
|Minibus and||||||
|gardening<br>fund||2,730|(2,730)|||
|Carried forward|30,340|66,025|(87,118)|10,000|19,247|





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||||||Gains and||
|---|---|---|---|---|---|---|
||I Apr 2022|Income|Expenditure|Transfers|losses|31Mar 2023|
|||||5|||
|Brought forward|30,340|66,025|(87,118)|10,000||19,247|
|Arnold Clark|1,000|1,000|(893)|||1,107|
|CFFC - Fuel|109||(87)|||22|
|Tesco Token|||||||
|Groundworks|372||(372)||||
|Screfix Fund|1,500|||||1,500|
|CMBC Ward|||||||
|Forum|390||(390)||||
|CAFF Grant|500||(500)||||
|STWDSHP|288||(288)||||
|VdtC|1,370|1,970|(2,764)|||576|
|West Yorkshire|||||||
|Combined|||||||
|Authority|4,960||(4,960)||||
|Queen's Jubilee|||||||
|Fund||5,895|(5,895)||||
|Key Fund||40,000|(16,259)|||23,741|
|Gareth|||||||
|Henderson||15,000|(11,375)|||3,625|
|Dave Fawcett||65||||65|
|Winter Shelter||30,000||(10,000)||20,000|
|CFFC Never|||||||
|Hungry<br>Fund||5,000|(5,000)||||
|CFFC - General||2,500|(2,500)||||
|Groundworks-|||||||
|Food Fund||2,000|(2,000)||||
|CFFC - Food|||||||
|Parcels||8,000|(8,000)||||
|Tesco|||||||
|Groundworks||1,000|(1,000)||||
|CFFC - Support|||||||
|Worker||14,000|(8,902)|||5,098|
|Carried forward|40,829|192,455|(158,303)|||74,981|





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|||||||Gains and||
|---|---|---|---|---|---|---|---|
|||I Apr 2022|Income|Expenditure|Transfers|losses|31Mar 2023|
|Brought forward||40,829|192,455|(158,303)|||74,981|
|CFFC - Cost|of|||||||
|Living Fund|||7,220|(3,629)|||3,591|
|West Yorkshire||||||||
|Combined||||||||
|Authority|||2,943|(2,943)||||
|CFFC - Wind||||||||
|Farm Fund|||5,500||||5,500|
|AVIVA|||3,485||||3,485|
|Creative Minds||||||||
|Uplift Fund|||1,954||||1,954|
|Mayors Safer||||||||
|Communities||||||||
|Fund|||7,280||||7,280|
|CFFC|||1,244|(1,244)||||
|Gareth||||||||
|Henderson|||527|(527)||||
|||40,829|222,608|(166,646)|||96,791|
|||||||Gains and||
|||I Apr 2021|Income|Expenditure|Transfers|losses|31Mar 2022|
|||||5||||
|National<br>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)||||
|IGrkiees Council||6||(6)||||
|The F27<br>Trust||20,000||(20,000)||||
|Cyclists Club||454||(454)||||
|Scouter Trust||1,100||(1,095)||||
|McNaught||||||||
|Refugee Rental||||||||
|Income Fund||2,000||(47)|||1,953|
|The Hilden||||||||
|Charitable<br>Fund||5,000|1,000|(1,890)|||4,110|
|Third Sector||||||||
|Yoga Fund||412||(412)||||
|Carried forward||62,338|91,302|(124,429)|||29,211|





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|||||||Gains and||
|---|---|---|---|---|---|---|---|
|||1 Apr 2021|Income|Expenditure|Transfers|losses|31Mar 2022|
|Brought forward||62,338|91,302|(124,429)|||29,211|
|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<br>and||||||||
|gardening<br>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<br>-Fuel|||1,640|(1,531)|||109|
|Tesco Token||||||||
|Groundworks|||500|(128)|||372|
|Screfix Fund|||5,000|(3,500)|||1,500|
|Kirklees Wooden||||||||
|Project|||3,089|(3,089)||||
|CMBC Ward||||||||
|Forum|||500|(110)|||390|
|CAFF Grant|||500||||500|
|The MSE Charity|||2,700|(2,700)||||
|STWDSHP|||20,000|(19,712)|||288|
|Vk.C|||2,080|(710)|||1,370|
|West Yorkshire||||||||
|Combined||||||||
|Authority|||4,960||||4,960|
|||79,588|147,690|(186,448)|||40,830|





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||||||Unrestricted|Restricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds||Funds||2023|
||||||f.|||||
||Tangible fixed assets||||1,548,154||||1,548&154|
||Current assets||||455,683||5,000||460,683|
||Creditors less than<br>1 year||||(127,185)||(542)||(127,727)|
||Creditors<br>greater than|I year|||||(10,191)||(10,191)|
||Net assets||||1,876,652||(5,733}||1,870,919|
||||||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<br>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.|ANALYSIS OF CHANGES IN NKT DEBT|||||||||
||||||1 Apr 2022|Cash flows||31|Mar 2023|
||Cash at bank and in hand||||270,760||116,391||387,151|
||Debt due within one year||||(8,395)||(854)||(9,249)|
||Debt due after one year||||(19,440)||9,249||(10,191)|
||||||242,925||124,786||367,711|
|26.|OPERATING LEASE COMMITMKNTS|||||||||
||The total future minimum||lease payments|under|non-cancellable<br>operating||leases are as follows:|||
||||||||2023||2022|
||Not later than<br>1year||||||12,480||12,000|
||Later than<br>1 year and|not|later than 5 years||||5,630||3,830|
||||||||18,110||15,830|



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