CHARITY REGISTRATION NUMBER: 1172476 Spreading the Happiness Unaudited Financial Statements 31 March 2025 CHIPCHASE MANNER Chartered Accountants 15 Newbiggin Richmond North Yorkshire DL10 4DR
Spreading the Happiness Financial Statements Year ended 31 March 2025 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 12 Notes to the detailed statement of financial activities 13
Spreading the Happiness Trustees. Annual Report Year ended 31 March 2025 The trustees present their report and the unaudiled financial statements of the charity for the year ended 31 March 2025. Reference and adminislrative details Regisiered charity name Spreading the Happiness Charity registration number 1172476 Principal office 6 Spring Bank Woc(I Wynyard Billingham TS22 5QW The trustees K Saunders PAGibb S N Bason Independent examiner S Dickman ACA 15 Newbiggin Richmond Norlh Yorkshire DL10 4DR Structure, governance and management The charity is operated by the trustees who meet regularly to set the direction of the charity. Objectives and activities The objectives of the charity are as follows: To address the issue of holiday hunger for families living below the poverty line To provide hampers five times a year through schools to targeted families To ensure children continue to be nourished through the holidays and not to return to school hungry To keep children healthy over the holidays
Spreading the Happiness Trustees. Annual Report (continued) Year ended 31 March 2025 Achievements and performance The initiative began by distributing holiday hampers filled with essential items and festive treats to families struggling to make ends meet. Recognising the broader challenges faced by these families. Spreading the Happiness has since expanded its efforts. One of its key programmes now includes organising holiday camps specifically designed for children from disadvantaged backgrounds. At these camps. children receive three healthy and nutritious meals each day. ensuring that no child goes hungry during their stay. In addition to food provision, the camps offer a variety of experiences and activities thal many children might otherwise miss out on due lo financial constraints at home. These experiences are designed lo foster personal growth, create joyful memories, and nurture the children's confidence and social skills. Activities mighl include sports, arls and crafls, outdoor adventures, and educational workshops, all delivered in a safe and supportive environmenl. The charity relies on the generosity of the wider community to fund its programmes. Money is raised through a range of sponsored events. such as sponsored dips. Schools, businesses, other charities and members of the public also contribute. either through direct donations or by organising their own fundraising activities in support of Spreading the Happiness. By working together with local parlners and volunteers, Spreading the Happiness continues ils commitment to alleviating poverty and providing meaningful opportunities for families and children who need them most. The charilws vision is to create a happier, more inclusive society where every child has the chance to thrive, regardless of their circumstances. Financial review The trustees have reviewed the Balance Sheet. as at 31st March 2025 which showed total assets of £2.042 and total liabilities of £900. leaving a fund balance of £1.142 all of which is unrestricted in nature. This financial year the Charity had incoming resources of £10,993 and outgoing resources of £11,661 meaning that the charity had a deficit of £693 this year compared with a deficit of £5,753 last year. Of the incoming resources £5.000 was gratefully reiVed from The Teesside Charity, with a further £1.400 from North East Ladies.
Spreading the Happiness Trustees. Annual Report (continued) Year ended 31 March 2025 Plans for future periods 1. We will closely monitor the financial situation in the coming year, with a goal of delermining whether the charity can regain its financial slrength and coniinue to operate eheclively. 2. A comprehensive review of our current support strategies will be undertaken to ensure that the assistance provided effectively benefits children and their families, particularly those most in need. 3. To create more equitable support for schools across varying socioeconomic backgrounds, we plan to engage more schools in affluent areas. This will encourage a broader, more consistent adoption of schools with higher levels of deprivation. 4. We will continue to actively seek diverse funding opportunities to ensure the charity's sustainability and to increase our capacity to support more schools and families in need. The trustees. annual report was approved on 19 January 2026 and signed on behalf of the board of trustees by.. PAGibb Trustee
Spreading the Happiness Independent Examiner's Report to the Trustees of Spreading Ihe Happiness Year ended 31 March 2025 I report to the trustees on my examination of the financial statements of Spreading the Happiness I'the charity'} for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial slatements in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charivs financial statements 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 slatement I have completed my examinalion. I confirm that no malerial matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the the financial statements do not accord with those records. or the financial statements do 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 Yrue and fair. view which is not a maller 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 retM)rt in order to enable a proper understanding of the accounts to be reached. S Dickman ACA Independent Examiner 15 Newbiggin Richmond North Yorkshire DL10 4DR
Spreading the Happiness Statement of Financial Activities Year ended 31 March 2025 2025 Unreslricted funds Total funds Total funds 2024 Note Income and endowments Donations and legacies Total income 10,993 10,993 149 10.993 10,993 149 Expenditure Expenditure on charitable activities Total expendilure (11.661) (11,661) (11,661) (11,661) (5.9021 (5,9021 Net expenditure and net movement in funds 1668} (668) {5,7531 Reconciliation of funds Total funds brought forward Total funds carried forward 1.810 1,810 7.563 1.142 1,142 1,810 The statement of financial aclivilies includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 7 10 10 form part of Ihese financial slatemenls.
Spreading the Happiness Statement of Financial Position 31 March 2025 2025 2024 Note Current assets Cash at bank and in hand 2,042 2,260 Creditors: amounis falling due within one year Net current assets (900) 1,142 {450) 1,810 Total assets less current liabilities 1,142 1,810 Net assets 1,142 1,810 Funds of the charity Unrestricted funds 1.142 1,810 Total charily tunds 10 1,142 1,810 These financial statements were approved by the board of truslees and authorised for issue on 19 January 2026, and are signed on behalf of the board by: PAGibb Trustee The notes on pages 7 10 10 form part of Ihese financial slatemenls.
Spreading the Happiness Noles to the Financial Statements Year ended 31 March 2025 General information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 6 Spring Bank Wood. Wynyard. Billingham. Durham, TS22 5QW. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities SORP {FRS 102}l and the Charities Act 2011. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabililies and investment properties measured at fair value through income or expendwture. The financial statements are prepared in sterling. which is the functional currency of the entity. Going concern There are no material uncertainties about the chariws ability to continue. Disclosure exemptions No cash flow statement has been presented for the company Disclosures in respect of financial instruments have not been presented, as none were used. Judgements and key sources of esiimaiion uncertainty The preparation of the financial slatements requires management to make judgements, estimales and assumptions that affect the amounts reporled. These estimates and judgemenls are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use al the discretion of the truslees to furlher any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes: restricted income funds or endowment funds.
Spreading the Happiness Noles to the Financial Statements (continued) Year ended 31 March 2025 Accounting policies (conllnued) Incoming resources All incoming resources are included in the slatement of financial activities when entitlement has passed lo the charity- it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from Ihe cost to the donor or the estimated resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contraclual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannol be fully recovered, and is classified under headings of the statemenl of financial activities to which it relates- expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct cosls attributable lo a single activity are allocated directly to that activity. Shared cosls are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Spreading the Happiness Noles to the Financial Statements (continued) Year ended 31 March 2025 Accounting policies (conllnued) Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Donations and legacies Unrestricted Toial Funds Unrestricted Total Funds Funds 2025 Funds 2024 Donations Donations 10.993 10.993 149 149 Expendilure on charitable aclivities by fund type Unrestricted Tolal Funds Unrestricted Total Funds Funds 2025 Funds 2024 Addressing the issue of holiday hunger for families living below the poverty line Support costs 11.211 450 11.211 450 5,302 600 5,302 600 11.661 11.661 5,902 5,902 Expendilure on charitable aclivities by activity type Activtties undertaken directly Support costs Total funds 2025 Total fund 2024 Addressing the issue of holiday hunger for lamilies living below the poverty line Governance costs 11.211 11,211 450 5,302 600 450 11.211 450 11,661 5,902
Spreading the Happiness Noles to the Financial Statements (continued) Year ended 31 March 2025 Independent examination fees 2025 2024 Fees payable to the independent examiner for: Independent examination of the financial statements 450 450 Trustee remuneration and expenses No trustee was remunerated during the period. Credilors: amounls falling due within one year 2025 2024 Accruals and deferred income 900 450 10. Analysis ol chariiable funds Unrestricted funds Al 31 March 202 At 1 April 2024 Income Expenditure General funds 1,810 10,993 {11,661) 1,142 At 31 March 202 At 1 April 2023 Income Expenditure General funds 7,563 149 15,902) 1,810 11. Analysis ol nei assets between funds Unrestricted Total Funds Funds 2025 Current assets Creditors less than 1 year Net assels 2,042 (900) 1,142 2,042 {900) 1,142 Unrestricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net asseis 2,260 1450) 1,810 2,260 {450) 1,810 10
Spreading the Happiness Management Information Year ended 31 March 2025 The following pages do not form part of the financial statements.
Spreading the Happiness Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Income and endowments Donations and legacies Donations 10,993 149 Total income 10,993 149 Expenditure Expenditure on charitable aclivilies Purchases Repairs and maintenance Motor vehicle expenses Vehicle leasinglhire Legal and professional fees Donations (10,711) (1 ,946) {132) 131) 193) {600) (3,100) (5,902) 1450) 1500) (11,661) Total expendilure (11,661) (5,902) Net expenditure (668) (5,753) 12
Spreading the Happiness Noles to the Detailed Statemenl of Financial Activities Year ended 31 March 2025 2025 2024 Expenditure on charitable activilies Addressing the issue of holiday hunger for families living below the poverty line Activities undertaken directly Purchases Repairs & maintenance Motor expenses Vehicle leasing Donations (10,711) (1 ,946) {132) 131) 193) 13,100) (5,302) 1500) (11,211) Governance costs Accountancy fees (450) (600) Expenditure on charitable aclivilies (11,661) (5,902) 13