R E W R I T I N G S T O R I E S Handing the pen to young people to write new beginnings. Annual Report and Accounts Year ended 31 December 2024 ``` “Too many young people begin life with doors closed, opportunities blocked, and their stories already written against them. Yet every child deserves the chance to take the pen and write their own destiny. At The Happy and Healthy Trust, we make that possible.” ``` ``` Over the past year, I have been deeply inspired by the courage, determination, and creativity of the young people we support. They have reclaimed control of their lives, taken bold steps forward, and begun to chart paths full of hope, confidence, and possibility. Each journey we witness reminds us why our work matters: to empower young people to rewrite their own futures, embrace their potential, and see that their circumstances do not define them. ``` ``` This year, we have been privileged to reach and support 614 young people through our programs. Whether through physical activity, creative projects, soft skills, digital skills, employment support, or meal ``` ``` and holiday provision, every experience nurtures resilience, unlocks hidden potential, and opens doors to new opportunities. Watching young people rise to challenges, celebrate achievements, and step boldly into their own power is both humbling and inspiring. ``` ``` We are profoundly grateful to our donors, volunteers, staff, and community partners. Your care, dedication, and belief in our mission make it possible for young people to reclaim their lives, pursue dreams they never imagined possible, and transform their futures. Together, we are shaping a community where every young person feels valued, supported, and empowered. ``` ``` We invite you to continue this journey with us: to help young people take the pen, turn the page, and write bold new chapters in their lives. Thank you for being an essential part of The Happy and Healthy Trust, where every story matters, every voice is heard, and every young person’s potential is celebrated.” ``` **----- Start of picture text -----**
– Binah Merlin
**----- End of picture text -----**
## O u r M i s s i o n ``` The Happy and Healthy Trust exists to empower young people to take the pen and rewrite their own stories. By promoting wellbeing, providing essential resources, and building supportive networks, we ensure every young person has the tools, confidence, and opportunity to thrive. ``` ## O u r V i s i o n ``` We envision a world where every young person can author their own future, pursue their dreams, and live with resilience, independence, and hope. We create communities that celebrate each young person’s right to health, happiness, and success. ``` ## OUR GOALS ## Enhancing Physical Health 01 ``` Encouraging active lifestyles to build resilience, confidence, and wellbeing. ``` ## Ensuring Equal Access 02 ``` Providing the resources, support, and opportunities every young person needs to flourish. ``` ## Fostering Community 03 ``` Creating inclusive, empowering spaces where young people are supported to take charge of their journey. ``` ## Empowering Life Skills 04 ``` Equipping youth with the skills, confidence, and mindset to thrive on their own terms, personally, academically, and professionally. ``` ``` At The Happy and Healthy Trust, every program is a chance for a young person to take the pen and rewrite their story. Over the past year, we have seen young people confront challenges, embrace opportunities, and transform uncertainty into confidence, hope, and purpose. Through Physical Activity, Life Skills & Employability, and Health & Wellbeing programs, participants develop resilience, self-belief, and the tools to shape their own journey. ``` ## S T O R I E S I N A C T I O N ## H e a lt h & W e l l b e i n g ## HUNGER NO LONGER ``` For many children and young people, starting the day hungry is an all- too-familiar reality. Hunger No Longer changes that. Each morning, participants receive a nourishing breakfast in a warm, supportive environment, surrounded by mentors and peers who offer guidance, encouragement, and friendship. Beyond filling stomachs, the program gives young people the energy, focus, and emotional support to face each day with hope and confidence, ensuring that no child begins life at a disadvantage. ``` ## DINNER DREAMS ``` During school holidays, many families face uncertainty about their next meal. Dinner Dreams provides home-cooked meals and meal packages, ensuring that no child goes to bed hungry. The program gives families not only nourishment but stability, reassurance, and a tangible sense that they are cared for. Through this support, young people experience the comfort and security they need to thrive, creating space to grow, learn, and dream. ``` ## S T O R I E S I N A C T I O N P h y s i c a l A c t iv it y ## GEARUP! ``` For ages 8–13, GearUp! is a weekly cycling program that promotes resilience, courage, and self-belief. As participants tackle increasingly challenging routes, they push themselves physically and mentally, learning to overcome fears, work as a team, and persevere through obstacles. Each ride teaches determination and shows young people that challenges are opportunities to grow, helping them understand they have the power to steer their own path, both on and off the bike. ``` ## LITTLE LEGENDS ``` Little Legends runs weekly outdoor multi-sport sessions for 60 children aged 4–6 and their families in Hackney, boosting physical literacy, confidence, teamwork, and wellbeing. The programme develops core movement skills—balance, coordination, agility, and motor control—through football, athletics, mini tennis, and obstacle courses. By combining play-based learning with confidence-building and teamwork, Little Legends fosters sustained participation and positive attitudes toward active lifestyles. Sessions actively involve parents and carers, encouraging family engagement and reinforcing healthy routines at home. The programme addresses early inequalities in access to physical development opportunities, supporting wellbeing, school readiness, and long-term active habits for underserved children in Hackney. ``` ## BUSHCRAFTING CAMP – YES I CAN! ``` For ages 11-15, Yes I Can! takes young people into the heart of the outdoors, where survival challenges— building shelters, making fires, foraging—become opportunities to develop resilience, teamwork, and self-reliance. The natural world becomes a classroom for confidence, courage, and creativity, leaving participants with memories, skills, and self-belief that extend far beyond the camp itself. ``` ## S T O R I E S I N A C T I O N ## L i f e S k i l l s & E m p l o y a b i l it y ## DIGITAL FUTURES ``` Digital Futures equips young people and young adults with the digital literacy, problem-solving, and work readiness skills needed to succeed in today’s world. Through hands-on workshops covering coding, digital design, and real-world placements, participants develop confidence, creativity, and professional skills, empowering them to imagine and build brighter futures. ``` ## SMART CENTS ``` Smart Cents supports young adults aged 19– 25 in Hackney to develop financial literacy, budgeting, and employability skills. Through hands-on workshops, digital skills training, and career development support, participants learn to manage income and expenses, create personal budgets, save for goals, understand credit, and use digital tools. By the end of the program, participants gain confidence, maintain budgets, improve digital competence, and enhance employability, equipping them to achieve financial independence and wellbeing. ``` ## STORIES IN NUMBERS PHYSICAL ACITIVITY 186 330 Sessions Delivered 92 550 Volunteer Hours Contributed 28 Young People Reached % reported increased confidence & resilience % of Budget Allocated HEALTH & WELLBEING 350 270 Young People & Families Supported 99 13 580 , meals provided 37 Volunteer Hours Contributed % reported improved wellbeing, focus, and a sense of security % of Budget Allocated ## LIFE SKILLS & EMPLOYABILITY 158 Young People Reached 440 Hours of Delivery 202 Workshops Delivered 90 % improved digital literacy, financial and employability skills 36 Work Placements & Volunteering Opportunities Provided 35 % of Budget Allocated TOTAL OVERVIEW 2025 614 Total Young People & Families Reached 972 Total Sessions & Workshops Delivered 90 % reported increased life skills or employability 1250 Total Volunteer Hours Contributed 36 Work Placements & Volunteering Opportunities Provided 85 % improved digital literacy 13 580 , Total Meals Provided 92 % reported improved confidence and wellbeing 100 % Total Budget Allocated ## T H E S T O R I E S T H E Y W R I T E ``` These case studies reveal how young people are reclaiming their lives and rewriting their futures. Through our programs, participants confront fears, discover hidden strengths, and achieve milestones that once felt out of reach. Each story is a testament to resilience, courage, and the transformative power of support, guidance, and opportunity. ``` ## MI C HAEL’ S ST ORY ``` Michael came to The Happy and Healthy Trust at a time when his life felt like it was falling apart. Struggling with low confidence, limited skills, and few opportunities, he spent his days handing out leaflets, unsure of what the future held. He felt stuck, overlooked, and uncertain if he could ever turn things around. ``` ``` Everything changed when he heard about Digital Futures. Through hands-on workshops in coding, digital design, and essential digital skills, Michael began to see that he could take control of his own story. He learned how to build a website, create digital projects, and develop a strong CV. Beyond the skills, the program gave him mentorship, encouragement, and the belief that he could succeed. ``` ``` By the end of the program, Michael had earned a Microsoft Office certification, completed a work placement, and gained the confidence to pursue opportunities he had never imagined. Today, Michael is working as a junior digital assistant at a local company, using the skills he learned to contribute, grow, and inspire others. He often returns to Digital Futures to mentor new participants, sharing his story and showing them that no situation is permanent—they can rewrite their futures. ``` ``` "Digital Futures didn’t just teach me skills—it gave me hope and a direction. I finally feel like I’m in control of my life, and I know I can achieve more than I ever thought possible." ``` ## L E I L A ’ S S T O R Y ``` When Leila, 13, was first introduced to GearUp!, she wanted nothing to do with it. Quiet, withdrawn, and unsure of herself, she’d long stopped believing she could keep up with others her age. Her teachers described her as bright but ``` ``` hesitant — a girl who stayed on the sidelines, afraid to try for fear of failing. It was her pastoral mentor who gently encouraged her to give the program a chance. “Just one ride,” they said. Leila reluctantly agreed. On that first session, she barely spoke a word. She stayed at the back, nervous about falling, about being judged. But what she found instead was a group of young people just like her — all learning, supporting one another, and discovering that strength doesn’t come from being the fastest, but from showing up. ``` ``` As the weeks went on, Leila began to change. Each cycling session challenged her — physically and emotionally — but also showed her what she was capable of. Every hill climbed, every new route completed, every word of encouragement from teammates became a step toward rebuilding her confidence. She started to laugh, to lead, and to believe in herself again. ``` ``` By the end of the program, Leila wasn’t the quiet girl at the back anymore. She had become one of the first to arrive, helping others fix their helmets, motivating her peers to keep going. Her teachers noticed the difference too — she began participating more in class, volunteering for group activities, and showing genuine pride in her achievements. “GearUp! showed me that I can do hard things,” Leila says with a smile. “I used to think I wasn’t good enough, but now I know I just needed to try. Every ride made me stronger — not just my legs, but my confidence, too.” Today, Leila continues cycling with friends on weekends, and she hopes to become a youth mentor in future sessions — helping other young people find the courage to push past fear and move forward with confidence. ``` extra ## I N T H E I R O W N W O R D S ``` The voices of children, young adults, parents, and staff illuminate the real impact of our work. In their own words, they share moments of growth, triumph, and hope — small victories and bold leaps alike — showing how lives are being reshaped, confidence is being built, and futures are being rewritten. ``` ``` “My daughter used to watch others play and never join in. Little Legends helped her find courage—now she runs, climbs, and laughs with everyone. She’s even showing younger children how to play safely.” — Parent ``` ``` “I liked learning football tricks and playing with my mum. I feel happy and strong.” — Amara, 6 ``` ``` “I didn’t think I could keep up on the bike, but each ride pushed me further. Now I’m braver, stronger, and even take part in school competitions.” Yael, 13 ``` ``` "I used to hide in the classroom. GearUp! helped me come out of my shell and try new things. I’m not scared anymore." — Jayden, 11 ``` ``` “Hunger no Longer doesn’t just feed kids—it gives them energy, confidence, and a sense of belonging every morning.” — Teacher ``` ``` I wake up happy now. I know I’ll have breakfast, and I can focus at school instead of being hungry all morning." — Malik, 7 ``` ## I N T H E I R O W N W O R D S ``` “Through workshops and placements, young people gain real skills and confidence. They see that the tech world is not out of reach—it’s theirs to step into.” — Staff ``` ``` "Digital Futures gave me skills and confidence I didn’t know I had. I’m now applying for apprenticeships I thought were impossible." — K.L., 18 ``` ``` Before Smart Cents, I didn’t know how to manage my money. Now I budget, save, and plan for my future. I finally feel in control.” — R.H., 22 ``` ``` “I never imagined I could learn coding or design. Digital Futures showed me I can create, problem-solve, and even dream bigger than before.” — Participant, 17 ``` ``` “David had given up on thinking he could ever work in tech. Digital Futures helped him earn a Microsoft certificate and a placement. He now believes in his own potential.” — Program Mentor ``` ## I N T H E W O R D S O F O U R F U N D E R S . . . JANA - INFRASTRUCTURE AND DEVELOPMENT OFFICER AT VOICE4CHANGE-ENGLAND ADELE BUSSE HEAD OF GRANTS - JEWISH CHILD'S DAY ``` “It was wonderful to see all the girls enjoying a healthy breakfast together, chatting, smiling and starting their day positively. The session was full of warmth, with activities about the importance of hydration and being kind to others. Many of ``` ``` the girls come from homes where breakfast isn’t always possible, and it was inspiring to see the difference this club makes in giving them a nourishing and supportive start to the day.” ``` ``` “It has been a privilege for V4CE to support the Happy and Healthy Trust (HHT) on its impactful journey. Our relationship began during the pandemic when we first provided funding, and we were delighted to work with them again when they secured a ``` ``` subsequent grant from us. ``` ``` Throughout my time as their Grants Officer, I have developed a deeply respectful and supportive relationship with the HHT team. Their dedication to their mission is truly ``` ``` inspiring. ``` ``` As an infrastructure organization, V4CE ``` ``` values being a trusted partner for grassroots organizations. We were thrilled to learn that HHT’s vital work has been recognized with significant funding from another major funder, enabling them to continue benefiting children and families in North London who need it most. The Happy and Healthy Trust is a testament to the power of community-led initiatives, and we are proud to have played a part in their story.” ``` ## W R I T I N G T H E N E X T C H A P T E R . . . At The Happy and Healthy Trust, we believe every young person deserves the chance to take the pen and rewrite their own story. Over the past year, we have seen children and young adults confront challenges, discover strengths, and embrace opportunities that once felt out of reach. Looking ahead, our focus is on expanding high-impact programs, deepening participation, and investing in quality, ensuring that every young person has the tools and confidence to thrive. ## T H E N E X T C H A P T E R . . . ## D I G I T A L F U T U R E S E X PA N S I O N ``` Digital Futures has become one of our most impactful programs, empowering 98 young people with essential digital, problem-solving, and employability skills.In the coming year, we plan to expand participation to 150 young people and broaden the certifications and experiences on offer. This includes: ``` ``` Advanced MOS Certifications in Excel and PowerPoint ``` - `Coding & Digital Design Badges, accredited through recognised platforms` - `Additional Employability Certificates, such as Project Management Basics and Professional Communication` - `Expanded workshops and real-world work placements, connecting young people directly with local employers and projects` ``` Digital Futures equips young people with the practical skills, confidence, and mentorship needed to navigate the job market successfully. Participants leave the program ready to take control of their professional journey and continue to rewrite their stories beyond the classroom. ``` ## HUNGER NO LONGER – DAILY BREAKFAST EXPANSION ``` Hunger No Longer currently supports 90 children and young people, providing a nutritious breakfast in a welcoming, supportive environment. The program gives participants energy, focus, and emotional support to start each day positively. ``` ``` Over the next year, we plan to double participation to 180 children, responding to rising demand. Expansion will include structured mentoring alongside breakfast provision, pathways into other programs such as GearUp!, Little Legends, and Digital Futures, and enhanced family engagement through workshops and wellbeing sessions. By combining nutrition with mentoring and peer support, Hunger No Longer ensures children develop confidence, resilience, and the focus to fully engage in school and life. ``` ## T H E N E X T C H A P T E R . . . I N V E S T I N G I N O R G A N I S AT I O N A L E X C E L L E N C E – L O N D O N YO U T H Q UA L I T Y M A R K ``` After more than six years of delivering consistently high-quality programs, The Happy and Healthy Trust is pursuing the London Youth Quality Mark. This accreditation recognises excellence in youth provision, effective governance, and a commitment to continuous improvement. ``` ``` Securing this quality mark will allow us to: ``` ``` Review and strengthen all programs to ensure the highest standards Assess charity governance, policies, and operational systems for transparency and compliance ``` ``` Demonstrate our commitment to excellence to funders, partners, and families ``` ``` Embed continuous improvement across all initiatives ``` ``` Achieving this accreditation represents a strategic investment in the sustainability, credibility, and long-term impact of the Trust. After years of strong results, it is the right time to formally validate the quality of our provision, celebrate achievements, and ensure that every young person accessing our programs benefits from the very best support. ``` ## B E C A U S E O F Y O U , T H E I R S T O R I E S A R E C H A N G I N G . . . ``` Every session, every meal, every opportunity exists because of you. Your belief and support are helping young people write their own stories and reach for their dreams—thank you for being a part of their journey. ``` ``` We’re also proud to share that The Happy and Healthy Trust was selected as this year’s In Kind Direct Spotlight Competition Winner, recognising our commitment to empowering young people and the tangible impact of our work in the community. ``` ## **THE HAPPY AND HEALTHY TRUST** ## **TRUSTEES' REPORT** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ The trustees present their annual report and financial statements for the period ended 31 January 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Trust Deed, the Charities Act 2011 and "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)" (effective 1 January 2019). ## **Objectives andactivities** The charity's objects are: 1)The relief of financial hardship, either generally or individually of people, by making grants of money for providing or paying for items services or facilities. 2)To act as a resource for young people by providing advice and assistance and organising programmes of physical, educational and other activities as a means of advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; 3)to promote any other exclusively charitable objects and purposes as the trustees see fit, provided that they are regarded as charitable by the law of England and Wales. ## _Public benefit_ The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** ## _Significantactivities and achievements againstobjectives_ During the year the charity received donations totalling £ 375,719 (2023: 326,892) and expenditure on charitable activities aggregated £336,691 (2023: £301,186). ## **Financial review** The financial results for the period to 31January 2025 are fully reflected in the attached Financial Statements and the Notes thereon. As at 31 January 2025, the charity had Unrestricted Funds of £120,929 (2023: 62,706). ## _Reserves policy_ The trustees aim to hold free reserves of at least 3 months (and no more than 12 months) operating costs in order to protect services and to ensure adequate cashflow for the organisation’s need. ## **Structure,governanceand management** The Happy and Healthy Trust is a registered charity governed by its Deed of Trust dated 26 December 2018. The trustees who served during the year and up to the date of signature of the financial statements were: M Y Monderer B Merlin C M Muller ## _Recruitmentand appointmentoftrustees_ New trustees are appointed based on personal competence, availability and knowledge and familiarity with the community which the charity serves. New trustees are inducted into the workings of the charity by the existing trustees. None of the trustees has any beneficial interest in the company. - 1 - ## **THE HAPPY AND HEALTHY TRUST TRUSTEES' REPORT (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## _Organisational structure_ Thetrusteesadministerthe day-to-day affairs of the charity. The trustees' report was approved by the Board of Trustees. C M Muller ## **Trustee** 27 November 2025 - 2 - ## **THE HAPPY AND HEALTHY TRUST STATEMENT OF TRUSTEES' RESPONSIBILITIES** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. - 3 - ## **THE HAPPY AND HEALTHY TRUST** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF THE HAPPY AND HEALTHY TRUST** I report to the trustees on my examination of the financial statements of The Happy and Healthy Trust (the charity) for the period ended 31 January 2025. ## **Responsibilities andbasis ofreport** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independentexaminer's statement** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 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 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 financial statements to be reached. ## **Pini Shebson ACA** CHS Accountants Limited Lower Ground Floor, 13 High Road London N15 6LT Dated: 27 November 2025 - 4 - ## **THE HAPPY AND HEALTHY TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ |**Total income**
**Expenditure on:**
Charitable activities
**Fund balances at 31 January**
**2025**
**5**
**Total expenditure**
**Net income/(expenditure) and**
**movement in funds**
**Reconciliation of funds:**
Fund balances at1 January
2024
**Notes**
**Income and endowments from:**
Donations and legacies
Other income
**3**
**4**
**Unrestricted**
**funds**
**2025**
**£**
**Restricted**
**funds**
**2025**
**£**
229,540
229,540
58,223
62,706
120,929
287,763
-
287,763
-
107,151
107,151
19,195
87,956
-
87,956
(19,195)|**Total** **Unrestricted**
**funds**
**2023**
**£**
**2025**
**£**
**Restricted**
**funds**
**2023**
**£**
336,691
336,691
39,028
81,901
120,929
375,719
-
375,719
259,500
66
259,566
230,231
230,231
29,335
33,371
62,706
70,955
70,955
22,824
19,195
67,326
-
67,326
(3,629)|**Total**
**2023**
**£**
326,826
66
326,892
301,186
301,186
25,706
56,195
81,901| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 5 - ## **THE HAPPY AND HEALTHY TRUST STATEMENT OF FINANCIAL POSITION** _**AS AT 31 JANUARY 2025**_ |**Fixed assets**
Property, plant and equipment
**Current assets**
Other debtors
Cash at bank and in hand
**The funds of the charity**
**Current liabilities**
**Net current assets**
**Total assets less current liabilities**
**12**
**13**
**14**
**15**
**Notes**
**11**
**2025**
**£**
Restricted income funds
Unrestricted funds
113,760
5,983
119,743
(14,281)|**£**
**2023**
**£**
15,467
105,462
120,929
-
120,929
120,929
46,432
29,287
75,719
(12,881)|**£**
19,063
62,838
81,901
19,195
62,706
81,901| |---|---|---| The financial statements were approved by the trustees on 27 November 2025 C M Muller **Trustee** - 6 - **THE HAPPY AND HEALTHY TRUST NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **1 Accounting policies** ## **Charity information** The Happy and Healthy Trust is a registered charity governed by its Deed of Trust dated 26 December 2018. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's Trust Deed, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At thetime of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted fundsare available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Incomeis recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 7 - **THE HAPPY AND HEALTHY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Property, plant and equipment** Property,plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 15% Reducing Balance Computers 33% Reducing Balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of non-current assets** Ateach reporting end date,the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash andcash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** Thecharity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. - 8 - ## **THE HAPPY AND HEALTHY TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial liabilities**_ Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Income from donations and legacies** ||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**| |---|---|---|---|---|---|---| ||**funds**|**funds**|**2025**|**funds**|**funds**|**2023**| ||**2025**|**2025**||**2023**|**2023**|| ||**£**|**£**|**£**|**£**|**£**|**£**| |Donations and gifts|287,763|87,956|375,719|259,500|67,326|326,826| The breakdown of donations and grants received is shown below: Community Organisation Cost of Living Fund £72,310 The London Community Foundation £30,000 The National Lottery £36,647 The National Lottery Community Fund £26,538 Postcode Society Trust £21,225 Greater London Authority £12,735 Shell International Limited £10,000 Other grants and donations £166,264 **Total £375,719** - 9 - ## **THE HAPPY AND HEALTHY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **4 Other income** |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2025**|**2023**| |||**£**|**£**| ||Other income|-|66| |**5**|**Expenditure on charitable activities**||| |||**Total**|**Total**| |||**2025**|**2023**| |||**£**|**£**| ||**Direct costs**||| ||Breakfast club and meals programme|-|168,630| ||Holiday food and support|-|7,173| ||Cycling, swimming and children's yoga|-|67,440| ||Digital futures|-|24,301| ||In kind support|57,489|15,576| ||Physical activity|76,498|-| ||Health & wellbeing
Life skills and employability|101,086
95,622|-
-| |||330,695|283,120| ||**Share of support and governance costs (see note 6)**||| ||Support|3,596|4,657| ||Governance|2,400|13,409| |||336,691|301,186| ||**Analysis by fund**||| ||Unrestricted funds|229,540|230,231| ||Restricted funds|107,151|70,955| |||336,691|301,186| |**6**|**Support costs allocated to activities**||| |||**2025**|**2023**| |||**£**|**£**| ||Depreciation|3,596|4,657| ||Governance costs|2,400|13,409| |||5,996|18,066| ||**Analysed between:**||| ||Charitable activities|5,996|18,066| - 10 - ## **THE HAPPY AND HEALTHY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **6 Support costs allocated to activities** ||||| |---|---|---|---| |**6**|**Support costs allocated to activities**||**(Continued)**| |||**2025**|**2023**| ||**Governance costs comprise:**|**£**|**£**| ||Independent examiner fees|2,400|1,500| ||Governance costs|-|11,909| |||2,400|13,409| |**7**|**Net movement in funds**|**2025**|**2023**| |||**£**|**£**| ||The net movement in funds is stated after charging/(crediting):||| ||Fees payable for the independent examination of the charity's financial||| ||statements|2,400|1,500| ||Depreciation of owned property, plant and equipment|3,596|4,657| ## **8 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **9 Employees** The average monthly number of employees during the year was: ||**2025**|**2023**| |---|---|---| ||**Number**|**Number**| |Total|-|-| There were no employees whose annual remuneration was more than £60,000. ## **10 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. - 11 - ## **THE HAPPY AND HEALTHY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **11 Property, plant and equipment** |**Property, plant and equipment**|||| |---|---|---|---| ||**Fixtures and**|**Computers**|**Total**| ||**fittings**||| ||**£**|**£**|**£**| |**Cost**|||| |At 1 January 2024|28,985|6,106|35,091| |At 31 January 2025|28,985|6,106|35,091| |**Depreciation and impairment**|||| |At 1 January 2024 Depreciation|14,013|2,015|16,028| |charged in the year|2,246|1,350|3,596| |At 31 January 2025|16,259|3,365|19,624| |**Carrying amount**|||| |At 31 January2025|12,726|2,741|15,467| |At 31 December 2023|14,972|4,091|19,063| ## **12 Trade and other receivables** |**13**
**Current liabilities**
**Amounts falling due within one year:**
Other debtors
Other creditors
Accruals and deferred income|**2025**
**£**
**2025**
**£**
113,760
8,881
5,400
14,281|**2023**
**£**
**2023**
**£**
46,432
9,881
3,000
12,881| |---|---|---| ## **14 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. |**At**|**1**|**January**|**Incoming**|**ResourcesAt 31 January**| |---|---|---|---|---| |||**2024**|**resources**|**expended 2025**| |||**£**|**£**|**£ £**| |||19,195|87,956|(107,151)
-| - 12 - ## **THE HAPPY AND HEALTHY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **14 Restricted funds** |||||| |---|---|---|---|---| |**Restricted funds**||||**(Continued)**| |**Previous year:**|**At 1 January**|**Incoming**|**Resources**|**At 31**| ||**2023**|**resources**|**expended**|**December**| ||**£**|**£**|**£**|**2023**| |||||**£**| ||22,824|67,326|(70,955)|19,195| ## **15 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At 1 January**|**Incoming**|**Resources At 31 January**|**Resources At 31 January**| |---|---|---|---|---| ||**2024**|**resources**|**expended 2025**|| ||**£**|**£**||**£ £**| |General funds|62,706|287,763|(229,540)|120,929| |**Previous year:**|**At 1 January**|**Incoming**|**Resources**|**At 31**| ||**2023**|**resources**|**expended**|**December**| ||**£**|**£**|**£**|**2023**
**£**| |General funds|33,371|259,566|(230,231)|62,706| ## **16 Analysis of net assets between funds** |**At 31 January 2025:**
Property, plantandequipment
Current assets/(liabilities)
**At 31 December 2023:**
Property, plantandequipment
Current assets/(liabilities)
**Unrestricted**
**funds**
**2025**
**£**
**Unrestricted**
**funds**
**2023**
**£**
**Restricted**
**funds**
**2025**
**£**
**Restricted**
**funds**
**2023**
**£**
15,467
105,462
120,929
19,063
43,643
62,706
-
-
-
-
19,195
19,195|**Total**
**2025**
**£**
**Total**
**2023**
**£**
15,467
105,462
120,929
19,063
62,838
81,901| |---|---| - 13 - ## **THE HAPPY AND HEALTHY TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 JANUARY 2025**_ ## **17 Related party transactions** There were no disclosable related party transactions during the year (2023 - none). - 14 - ## **`THE HAPPY AND HEALTHY TRUST LEGAL AND ADMINISTRATIVE INFORMATION`** ``` Trustees ``` ``` M Y Monderer B Merlin C M Muller ``` ``` Charity number ``` ``` 1182927 ``` ``` Independent examiner ``` ``` CHS Accountants ``` ``` Limited ``` ``` Lower Ground Floor, 13 High Road London N15 6LT ```