Charity registration number: 1193856
## Happy Hill Essex CIO
Annual Report and Financial Statements
for the period from 18 March 2021 to 31 March 2022
## **Happy Hill Essex CIO**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Statement of Trustees' Responsibilities|6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Financial Statements|10 to 19|
## **Happy Hill Essex CIO**
## **Reference and Administrative Details**
**Trustees** Mrs H L Hill Ms K Leggett Mr A Denny Mrs K Alliston Ms J Waite **Charity Registration Number** 1193856 **Principal Office** Braintree Enterprise Centre Block A, Unit 10 46-48 Springwood Drive Braintree Essex CM7 2YN **Independent Examiner** Lisa Greenwood FCCA Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB
Page 1
## **Happy Hill Essex CIO**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the period ended 31 March 2022.
## **Objectives and activities**
## _**Objects and aims**_
To advance in life and relieve the needs of young people through:
- the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; and
- providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible adults.
The main purpose of the charity is to enable children with SEND to ‘play, grow and feel empowered’. Short out of school breaks, under 5 and youth services are all provided by Happy Hill Essex CIO. We look to support families through developing their child’s independence and life skills, as well as assisting parents/carers to gain an increased support from the local county councils.
## _**Objectives, strategies and activities**_
The charity offers Saturday and Holiday Activity Clubs for SEND (Special Educational Needs and Disability) children and young adults from the ages of 3 to 25 years. The charity also offers lots of exciting trips and activities in the Hall, out in the community and in the mini bus. The activities offered aim to develop the skills held by those taking part to enable them to participate in society as mature and responsible adults.
At Happy Hill Essex CIO, we take our children out into the community, usually on our own minibus. This is to develop the independence of our children and increase life skills by creating a range of experiences within the community. There are regular meetings with parents and external professions, allowing for an effective support network around the family. This strengthens a child-centred approach that is necessary for progression.
## _**Public benefit**_
The trustees are satisfied that the services offered by the charity, as outlined above, provide relief to those in need and therefore are provided in order to further public benefit.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## _**Use of volunteers**_
The charity has used the services of seven volunteers during the period - the Trustees are extremely grateful for the assistance provided by the volunteers who make a big difference to the charity.
Page 2
## **Happy Hill Essex CIO**
## **Trustees' Report**
## **Achievements and performance**
Happy Hill Essex CIO has provided many families with respite from potentially challenging behaviour and an outlet to discuss potential struggles. This helps to improve the mental well-being of the families as a whole and allows parents to spend quality time when their child is back at home.
As an example, we have continuously supported families through tough circumstances, such as their children having long-term in-patient stays at a hospital as a result of severe epilepsy.
We develop social and life skills of children and young people, allowing them increased access to the wider community, as well as deterring anti-social behaviour in the public.
The Charity continues to support a range of families in varying situations. The number of those that use our services continues to grow, resulting in us using multiple minibuses.
The Charity has held a range of activities to raise funds for various outcomes since it was set up. Whilst a Community Interest Company, a parent took part in the London marathon and helped raise £19,000 towards the purchase of our now well-loved minibus.
Additionally, a number of quiz nights have been undertaken at the community hall to raise funds to support us. Many members of the community joined to take part in - not only a quiz - but also raffles.
## **Financial review**
The Charity has performed well during the period and has also benefitted from the transfer of funds from Happy Hill Essex CIC upon its conversion to Happy Hill Essex CIO.
The Charity has income for the period amounting to £140,953 which is derived from the transfer of funds from the Community Interest Company, grants and session fees.
Expenditure has been reported, amounting to £69,825, which includes the cost of running the sessions (primarily wages costs) and overheads.
The Charity has reported a surplus for the period of £71,128 and, as this is the Charity's first period of trade, this is also the balance of funds held at the period end. The Charity is holding £56,144 of unrestricted funds and £14,984 of restricted funds.
## _**Policy on reserves**_
At the Balance Sheet date, the Charity has £43,182 of available reserves (total reserves, less restricted funds and fixed assets).
The trustees aim to hold funds amounting to £30,000 to ensure that it can continue to operate should there be an unexpected reduction in income levels.
The Trustees continue to monitor the Charity's available reserves to ensure that the amount held is reasonable and will allow them to operate effectively for the benefit of those attending the sessions.
## _**Principal funding sources**_
The Charity has received funds from several sources in the period, including grants and session fees in addition to the funds transferred from the Community Interest Company upon its conversion to the Charitable Incorporated Organisation. The Charity aims to seek grant funding to help cover the running costs of the sessions and trips that it arranges.
Page 3
## **Happy Hill Essex CIO**
## **Trustees' Report**
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Structure, governance and management**
## _**Nature of governing document**_
The Charitable Incorporated Organisation (CIO) was previously registered as a Community Interest Company (CIC). The Community Interest Company has now transferred into the Charitable Incorporated Organisation and was registered with a Foundation Model constitution on 18 March 2021.
## _**Recruitment and appointment of trustees**_
The first charity trustees were appointed for the following terms:
- 4 years - H Hill and K Alliston
- 3 years - A Denny and J Waite
- 2 years - K Leggett
The recruitment and appointment of any further trustees will be considered as the need arises. Following the constitution, apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
## _**Induction and training of trustees**_
The charity trustees will make available to each new charity trustee, on or before his or her first appointment, a copy of the constitution and a copy of the CIO's latest Trustees' Annual Report and statement of accounts.
## _**Arrangements for setting key management personnel remuneration**_
Upon formally registering with the Charity Commission, it was agreed within the constitution that both H L Hill and K Alliston would be able to be remunerated through the Charity.
- H L Hill is paid a salary for her involvement in running the sessions and trips that are put on.
- K Alliston receives commission based upon successful grant applications.
H L Hill and K Alliston, together with the Operations Manager, are deemed to be Key Management Personnel and disclosed as such within these financial statements.
The level of remuneration is set by the Board of Trustees but the individuals concerned are not included in these discussions nor the decision-making process.
## _**Organisational structure**_
The Charity is managed by the Charity trustees who meet on a quarterly basis to discuss the Charity's activities and ensure that it continues to fulfil its objects.
The Charity Trustees are mindful of the fact that the Board of Trustees needs to include individuals covering a range of skills and is continually looking to enhance its skill set by looking to appoint additional Trustees where possible.
Page 4
## **Happy Hill Essex CIO**
## **Trustees' Report**
## _**Major risks and management of those risks**_
## _Safeguarding and child/adult safety_
The main priority of the charity is to ensure that the children and young adults feel safe and are well looked after whilst in the care of the team.
All staff and volunteers are:
- DBS checked and trained in safeguarding for children and adults;
- First aid trained, specifically in paediatrics, emergency first aid, epilepsy and anaphylactic shock; - Trained in 'Working with SEND' and 'Working with Parents'.
## _Financial stability_
The Trustees need to ensure that the charity is financially stable and has sufficient resources to allow it to continue to operate effectively without any interruption to its activities and operations.
The Trustees are aware that they need to consider and assess the wages that are paid to their key workers that they employ and ensure that these remain competitive. The Trustees feel that it may not be possible to increase sessions fees significantly to cover an increase in wage costs.
The Trustees regularly review the Charity's financial position and consider the amount of fees earned from the sessions undertaken.
The Trustees are also mindful of the need for additional funding to assist in meeting the costs incurred and they regularly apply for grants and donations to contribute income other than that earned by the sessions held.
The annual report was approved by the trustees of the charity on 13 October 2022 and signed on its behalf by:
......................................... ......................................... Mrs H L Hill Mrs K Alliston Trustee Trustee
Page 5
## **Happy Hill Essex CIO**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial period 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 period. 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 business.
The trustees are responsible for keeping proper 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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Approved by the trustees of the charity on 13 October 2022 and signed on its behalf by:
......................................... ......................................... Mrs H L Hill Mrs K Alliston Trustee Trustee
Page 6
## **Happy Hill Essex CIO**
## **Independent Examiner's Report to the trustees of Happy Hill Essex CIO**
I report to the trustees on my examination of the accounts of Happy Hill Essex CIO for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees of Happy Hill Essex CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Happy Hill Essex CIO's accounts 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 statement**
I have completed my examination. I confirm that no material 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 Happy Hill Essex CIO as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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 accounts to be reached.
...................................... Lisa Greenwood FCCA
Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB
18 October 2022
Page 7
## **Happy Hill Essex CIO**
## **Statement of Financial Activities for the Period from 18 March 2021 to 31 March 2022**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Total income
**Expenditure on:**
Raising funds
5
Charitable activities
6
Other expenditure
7
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds carried forward
20|**Unrestricted**
**funds**
**£**
78,533
27,372
314
106,219
(8,304)
(37,221)
(4,550)
(50,075)
56,144
56,144
56,144|**Restricted**
**funds**
**£**
34,734
-
-
34,734
-
(19,750)
-
(19,750)
14,984
14,984
14,984|**Total**
**2022**
**£**
113,267
27,372
314|
|---|---|---|---|
||||140,953|
||||(8,304)
(56,971)
(4,550)|
||||(69,825)|
||||71,128|
||||71,128|
||||71,128|
All of the charity's activities derive from continuing operations during the above period.
The notes on pages 10 to 19 form an integral part of these financial statements. Page 8
## **Happy Hill Essex CIO**
## **(Registration number: 1193856) Balance Sheet as at 31 March 2022**
|**Note**
**Fixed assets**
Tangible assets
14
**Current assets**
Debtors
15
Cash at bank and in hand
16
**Creditors: Amounts falling due within one year**
17
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
20
**Unrestricted income funds**
Unrestricted funds
**Total funds**
20|**2022**
**£**
12,962
7,408
52,272|
|---|---|
||59,680
(1,514)|
||58,166|
||71,128|
||14,984
56,144|
||71,128|
The financial statements on pages 8 to 19 were approved by the trustees, and authorised for issue on 13 October 2022 and signed on their behalf by:
|.........................................|.........................................|
|---|---|
|Mrs H L Hill|Mrs K Alliston|
|Trustee|Trustee|
The notes on pages 10 to 19 form an integral part of these financial statements. Page 9
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Happy Hill Essex CIO meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
## **Exemption from preparing a cash flow statement**
The charity has an income level below the requirement to include a cash flow statement within these financial statements.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Judgements**
Apart from those judgements involving estimations, the management team have not made any judgements in the process of applying the entity’s accounting policies that have significant effect on the amounts recognised in the accounts.
## **Key sources of estimation uncertainty**
There are no key assumptions concerning the future or other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Gift aid**_
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
Page 10
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## _**Other trading activities**_
Income from fundraising is recognised once receivable.
## _**Charitable activities**_
Income from charitable activities includes fees paid by parents and guardians of children and young adults attending sessions, these are recognised once receivable.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.
## _**Raising funds**_
These are costs incurred in attracting voluntary income and includes commission payable on successful bid applications.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including the preparation and independent examination of the statutory accounts, payroll costs and other legal and professional fees.
## **Taxation**
The charity is potentially exempt from taxation in respect of income or capital gains received to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £100 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Computer equipment 33% straight line basis Motor vehicles 25% reducing balance basis
Page 11
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **Trade debtors**
Trade debtors are amounts due from customers in respect of session fees.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those which have been provided to the charity for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations
Grants, including capital grants;
Grants
Donation from Happy Hill CIC|**Unrestricted**
**funds**
**General**
**£**
1,840
17,500
59,193
78,533|**Restricted**
**funds**
**£**
-
34,734
-
34,734|**Total**
**2022**
**£**
1,840
52,234
59,193|
|---|---|---|---|
||||113,267|
**3 Income from charitable activities**
|Provision of childcare sessions|**Unrestricted**
**funds**
**General**
**£**
27,372|**Restricted**
**funds**
**£**
-|**Total**
**2022**
**£**
27,372|
|---|---|---|---|
Page 12
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **4 Income from other trading activities**
|Lotteries and competitions income|**Unrestricted**
**funds**
**General**
**£**
314
314|**Restricted**
**funds**
**£**
-
-|**Total**
**funds**
**£**
314|
|---|---|---|---|
||||314|
## **5 Expenditure on raising funds**
## **a) Costs of generating donations and legacies**
|Commission payable|**Unrestricted**
**funds**
**General**
**£**
8,304|**Restricted**
**funds**
**£**
-|**Total**
**2022**
**£**
8,304|
|---|---|---|---|
Page 13
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **6 Expenditure on charitable activities**
|**Note**
Hire of minibus store
Rent of office
Hall hire
Light, heat and power
Insurance
Cost of equipment
Motor expenses
Motor insurance
Cost of activities
Wages and salaries
Pension costs
Other staff costs
Repairs and maintenance
Telephone and fax
Internet
Printing, postage and stationery
Advertising and marketing
Bank charges
Governance costs
8|**Unrestricted**
**funds**
**General**
**£**
613
4,320
1,845
190
2,243
1,095
1,535
1,739
896
18,044
246
65
278
75
504
428
335
98
2,672
37,221|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
19,750
-
-
-
-
-
-
-
-
-
19,750|**Total**
**2022**
**£**
613
4,320
1,845
190
2,243
1,095
1,535
1,739
896
37,794
246
65
278
75
504
428
335
98
2,672|
|---|---|---|---|
||||56,971|
## **7 Other expenditure**
|Depreciation charges|**Unrestricted**
**funds**
**General**
**£**
4,550
4,550|**Restricted**
**funds**
**£**
-
-|**Total**
**2022**
**£**
4,550|
|---|---|---|---|
||||4,550|
Page 14
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **8 Analysis of governance and support costs**
## **Governance costs**
|Independent examiner fees
Examination of the financial statements
Payroll services
Legal and professional fees
**9**
**Net incoming/outgoing resources**
Net incoming/outgoing resources for the period include:
Depreciation of fixed assets|**Unrestricted**
**funds**
**General**
**£**
1,212
770
690
2,672|**Total**
**2022**
**£**
1,212
770
690|
|---|---|---|
|||2,672|
|||**2022**
**£**
4,550|
## **10 Trustees remuneration and expenses**
During the period the charity made the following transactions with trustees:
## **Mrs H L Hill**
Mrs H L Hill received remuneration of £14,430 during the period.
Payment for management of sessions.
Remuneration agreed with Charity Commission upon registering the Charity.
## **Mrs K Alliston**
Mrs K Alliston received remuneration of £8,034 during the period.
Commission payable upon successful grant applications.
Remuneration agreed with Charity Commission upon registering the Charity.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 15
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **11 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the period were:**
Wages and salaries
Pension costs
Other staff costs|**2022**
**£**
37,794
246
65|
|---|---|
||38,105|
The monthly average number of persons (including senior management / leadership team) employed by the charity during the period expressed as full time equivalents was as follows:
|during the period expressed as full time equivalents was as follows:||
|---|---|
|Trustee and Session Manager
Operations Manager
Play Workers|**2022**
**No**
1
1
11|
||13|
Contributions to the employee pension schemes for the period totalled £246.
No employee received emoluments of more than £60,000 during the period
The total employee benefits of the key management personnel of the charity, including commission payments, were £27,305.
## **12 Independent examiner's remuneration**
Examination of the financial statements
**2022 £** 1,212
## **13 Taxation**
The charity is a registered charity and is therefore exempt from taxation, any surplus is retained to help with the achievement of its charitable purposes.
Page 16
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **14 Tangible fixed assets**
|**Cost**
Additions
At 31 March 2022
**Depreciation**
Charge for the year
At 31 March 2022
**Net book value**
At 31 March 2022
**15 Debtors**
Trade debtors
Prepayments
Other debtors
**16 Cash and cash equivalents**
Cash at bank
**17 Creditors: amounts falling due within one year**
Other creditors
Accruals|**Motor vehicles**
**£**
17,273
17,273
4,318
4,318
12,955|**Computer**
**equipment**
**£**
239||**Total**
**£**
17,512
17,512
4,550
4,550
12,962
**2022**
**£**
4,629
2,121
658|
|---|---|---|---|---|
|||239|||
|||232|||
|||232|||
|||7|||
||||||
|||||7,408|
|||||**2022**
**£**
52,272|
|||||**2022**
**£**
56
1,458|
|||||1,514|
## **18 Pension and other schemes**
## **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the charity to the scheme and amounted to £246.
Page 17
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **19 Commitments**
## **Capital commitments**
The total amount contracted for but not provided in the financial statements was £396.
## **20 Funds**
|**Unrestricted funds**
**_General_**
Unrestricted Funds
**Restricted funds**
Essex Community Foundation (1)
BBC Children In Need (2)
National Lottery Community Fund (3)
Essex Community Foundation (4)
**Total restricted funds**
**Total funds**|**Incoming**
**resources**
**£**
106,219
5,367
9,392
9,975
10,000
34,734
140,953|**Resources**
**expended**
**£**
(50,075)
(5,367)
(9,392)
(4,158)
(833)
(19,750)
(69,825)|**Balance at 31**
**March 2022**
**£**
56,144
-
-
5,817
9,167|
|---|---|---|---|
||||14,984|
||||71,128|
The specific purposes for which the funds are to be applied are as follows:
(1) Essex Community Foundation - £5,367 - a grant application from Essex Community Foundation was approved in order to provide support to children and young adults with special needs and their families from Braintree and the surrounding area. This grant has been awarded from the Bartella Charitable Fund (£3,367) and the Provide Foundation (£2,000) which are administered by ECF.
(2) BBC Children In Need - £9,392 - BBC Children In Need provided a grant which has been used to contribute toward the salaries of one team leader.
(3) National Lottery Community Fund - £9,975 - this grant is being used to contribute towards key workers for the Saturday and Holiday Clubs.
(4) Essex Community Foundation - £10,000 - a grant application from Essex Community Foundation for £20,000 was approved in order to support children with acute and complex additional needs at a special needs provision providing play and holiday clubs in Braintree over two years. This grant has been awarded from Chelmsford Star Co-Op Community Fund (£2,000), the Teledyne e2v Foundation (£2,897), Diana Tinson (£7,103) and Maypole House Charitable Fund (£8,000) which is administered by ECF. The grant will be paid on an annual basis, subject to ECF being satisfied with progress made by the Charity.
Page 18
## **Happy Hill Essex CIO**
## **Notes to the Financial Statements for the Period from 18 March 2021 to 31 March 2022**
## **21 Analysis of net assets between funds**
|**21 Analysis of net assets between funds**||||
|---|---|---|---|
|Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
12,962
44,696
(1,514)
56,144|**Restricted**
**funds**
**£**
-
14,984
-
14,984|**Total funds at**
**31 March**
**2022**
**£**
12,962
59,680
(1,514)|
||||71,128|
## **22 Related party transactions**
During the period the charity made the following related party transactions:
## **Happy Hill Essex CIC**
On 18 March 2021, Happy Hill Essex CIC (a Community Interest Company) transferred to Happy Hill Essex CIO. An amount of £59,193 has been recognised within donations in these financial statements in respect of the amounts transferred from Happy Hill Essex CIC.
At the balance sheet date the amount due to/from Happy Hill Essex CIC was £Nil.
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