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2024-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2024 Period start date To Period end date

31.12.2024

Charity name: The Happiness Project Ghana

Charity registration number: 1190295

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 1. Advancing the education of the pupils at
Kankaboom Children’s School by providing
and assisting in the provision of facilities for
education
2. Helping to prevent or relieve poverty in
Ghana, West Africa by providing or
assisting in the provision of education,
training, healthcare projects and all the
necessary support designed to enable
individuals to generate a sustainable
income and be selfsufficient
3. Creating a world in which all children are
free to develop and flourish. Helping to
shape a society in which all children have
access to education and medical care.
4. Supporting families struggling with
various challenges and give them the
assistance they need to encourage self-
sustainability
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
The charity supports the community
through:
-High quality educationfrom
kindergarten 1&2 till basic 3 in Kankaboom
Children’s School which is built by the
charity and is regularly adjusted to meet the
needs of our students, staff and the local
community.- -Family social supportto
encourage families to help themselves in
the
long run, e.g., by us providing microgrants,
loans, or resources to start businesses to
support their own families in the future.
-medical care for families in rural
communities(after assessment and
if logistically and financially possible)
to provide transportation to hospital
assist in purchasing treatments to
most common illnesses. Where
possible the Happiness Project Ghana will
take community members
to the hospital and covers their costs as
well as educating them on how to spot
symptoms in the future and the importance
of health care. The
charity also organises clinics to be run
through the community to test community
members for illnesses such as HIV, Malaria
or Diabetes for free and provide treatment if
tested positive.
-Guaranteed free medical insurance, for
students and staff of Kankaboom
Childrens’s School: Which does not cover
all treatment/medication but does
reduce the cost of most. The cost of
medical insurance for a child is £2.50 per
year. Every student is enrolled in the
Ghanaian medical insurance system.
-_Implemented feeding_programwhich
guarantees every student a healthy and
nutritious lunch during the school day.
-Constant access to clean drinking
water for students and staff of Kankaboom
Children’s School which is not accessible in
rural communities. Clean drinking water
protects our students and staff from water-
borne diseases that can be fatal when
ingested, such as typhoid, cholera, and
Hepatitis A & E. The charity ensures, that
the access to clean water is constantly
given for our staff and students.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have been provided with
access to the Public Benefit Guides
produced by the Charity Commission

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Despite global economic pressures, The
Happiness Project Ghana experienced a
significant reduction in donation income
during the reporting period. As a result, the
organisation prioritised financial stability
and was not able to expand the school
facilities, register additional students or
recruit new staff. While further expansion
had originally been considered, it was
determined that such developments would
create an unsustainable financial burden.
An important achievement during this
period was therefore the charity’s ability to
successfully maintain full school operations
throughout the entire year. All enrolled
children were able to continue attending
school and participating in the full
educational programme. In addition, all
students and staff consistently received
daily school meals. Despite the financial
challenges, the organisation was able to
retain all teaching staff, ensuring continuity
and stability within the learning
environment.
The Summer School programme was also
successfully continued and proved to be
highly effective. The quality of education
has improved significantly, and students’
learning outcomes are now comparable to
those of public schools in Ghana. This
progress is reflected in the positive results
achieved in recent examinations.
During the year, several small renovation
and maintenance works were required as
parts of the school infrastructure had been
affected by extreme weather conditions.
Repairs were carried out on the canteen
area and on several school roofs to ensure
the safety and functionality of the facilities.
In order to ensure that all students could
receive their school meals at the same
time, an additional communal space was
constructed using bamboo. This space
serves as a sheltered area for school
meals during breaks and is also used as an
additional classroom when needed, thereby

supporting both the nutritional and educational needs of the beneficiaries. In addition to educational support, the charity continued to provide basic healthcare support for its beneficiaries. All children receive medical check-ups every six months and are supported in accessing necessary vaccinations. Furthermore, individual families received medical assistance when urgent health needs arose. These measures contribute to the overall wellbeing of the children and help ensure that health-related challenges do not prevent them from participating in education.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 At the end of the reporting period, The
Happiness Project Ghana remained
financially stable, although the organisation
experienced a noticeable decrease in
donation income during 2024. Ongoing
global economic challenges affected the
level of charitable giving, which required
the organisation to focus strongly on
financial sustainability and careful budget
management. As a result, the charity
prioritised maintaining its existing
programmes and ensuring the continuous
operation of the school rather than pursuing
further expansion. While the organisation
remains committed to growing its impact in
the future, it was determined that
expanding the school at this stage would
create additional fixed operational costs
that could not be guaranteed to be covered
under the current financial circumstances.
The charity therefore continued to focus on
stabilising its financial position and
ensuring that all core activities could be
maintained. Through careful financial
planning and responsible use of available
funds, the organisation was able to cover
its operational costs and sustain the
school’s activities throughout the year. This
approach ensured that the charity could
continue providing education, school meals
and essential support for its beneficiaries
while maintaining financial stability and
safeguarding the long-term sustainability of
its programmes.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The Happiness Project Ghana maintains
financial reserves to ensure the continued
and reliable operation of its educational
programmes. As the organisation operates
a school, it faces significant and ongoing
fixed costs, including staff salaries, school
meals, maintenance of facilities and
educational materials. Maintaining reserves
is therefore essential to guarantee that
these core activities can continue without
interruption. The charity also recognises
that its work is dependent on voluntary
donations, which can fluctuate due to wider
global economic conditions. In recent
years, changes in donation levels have
highlighted the importance of maintaining
sufficient reserves in order to manage
financial uncertainty and ensure
organisational stability. Holding reserves
forms an important part of the charity’s risk
management strategy. These funds allow
the organisation to respond to unexpected
financial challenges, manage potential
reductionsindonation income and address
unforeseen operational costs, such as
repairs resulting from weather-related
damage or increases in local operating
expenses in Ghana. By maintaining
appropriate reserves, the charity is able to
safeguard the continuity of its programmes,
ensure that the school remains open for its
beneficiaries and support responsible long-
term financial planning.
Amount of reserves held Para 1.22 The total reserves, including the 2023
reserves as well as income and
expenditure in this financial period are:
£10.326,74.
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution adopting the Charity
Commission’s model constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charitable Incorporated Organisation
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 New trustees are appointed by a decision
of the charity trustees- The decision is
based on skills, knowledge, experience and
passion towards the charity’s purposes,
work, and visions.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The Happiness Project Ghana is led and
managed by volunteer Trustees. In the
financial period there are 3 volunteer
trustees and 10 paid staff members in
Ghana, working for the school.
Relationship with any
related parties
Para 1.51 The charity works independent and is not
related to any other party.
Other

Reference and Administrative details

Charity name The Happiness Project Ghana
Other name the charity uses HPG
Registered charity number 1190295
Charity’s principal address 290
Andover Road
RG20 0LL
Newbury

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Shadee Faye
Gerayesh-Nejad
Chair
Hannah Meyer Trustee
PhilipLLoyd Trustee

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Hannah Meyer Position (eg Secretary, Trustee (Treasurer) Chair, etc)

Date 06.03.2026

Statement of Financial Activities (SoFA) for The Happiness Project Ghana (1190295)

Financial Period 01/01/2024 – 31/12/2024

Income £ Expenditure £
UK Donations 5.025,90 School Operations 2.980.00
German Donations 11.922,08 School Meals 7.989,00
Grants 0 Staff Costs 4.379,00
Fundraising Income 0 Maintenance & Renovations 931,00
Other Income 0 Administrative Costs 740,00
Total Income 16.947,98 Total Expenditure 17.019,00
Net Income for the Year -71,02

Balance Sheet as at 31st December 2024

Assets £
Bank Account
10.326,74
Cash in Hand
0.00
Total Assets
10.326,74
Funds / Equity
Opening Balance
(Funds carried forward from previous years)
10.397,76
Net Income for 2024
-71,02
Total Funds 10.326,74

Notes to the Accounts

1. Basis of Accounting

The accounts have been prepared on a receipts and payments basis and include all income received and expenditure paid during the financial year. The accounts have been prepared in accordance with the Charities Act 2011 and applicable charity accounting guidance.

2. Income

The charity’s income during the year consisted mainly of voluntary donations from supporters in the United Kingdom and Germany.

3. Expenditure

Expenditure during the year relates primarily to the support and operation of the school project, including school operations, school meals, staff costs, maintenance and administrative expenses.

4. Reserves

At the end of the financial year the charity held reserves of £10.326,74) in its bank account. These reserves include funds carried forward from the previous year (£10.397,76) and the surplus generated during the current financial year.

5. Trustee Remuneration

No trustee received any remuneration or reimbursement of expenses during the year.

Approved by the Trustees on: [06.03.2026]

Name: Hannah Meyer

Signature: