Happy Hearts UK
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1203355
START OF FINANCIAL YEAR 1st June 2023
END OF FINANCIAL YEAR 5th April 2024
TRUSTEES AT 31[ST] DECEMBER 2023 A K Towers
B R M Towers
J A Cowpland
GOVERNING INSTRUMENT
Happy Hearts UK was registered as a CIO with the Charity Commission under number 12053355 on 1st June 2023 and is governed by a Foundation Document. The CIO is set up to provide grants to provide relief and support to those in conflict zones, especially children and young people.
OBJECTS
For the public benefit and in accordance with Christian principles, the relief and assistance of people in need in any part of the world, who are the victims of war or natural disaster, trouble, or catastrophe, in particular but not exclusively, by providing funds for organisations who have skills and abilities that help resource those affected.
REGISTERED ADDRESS 118 Brodick House Saxon Road London E3 5HJ
PRIMARY BANKERS We do not currently have account
ACCOUNTANT N/A, as we do not currently have an account
Happy Hearts UK
TRUSTEES REPORT
FOR THE YEAR ENDED 5th April 2024
OBJECTIVES AND ACHIEVEMENTS
The strategic objectives of the CIO are to For the public benefit and in accordance with Christian principles, the relief and assistance of people in need in any part of the world, who are the victims of war or natural disaster, trouble, or catastrophe, in particular but not exclusively, by providing funds for organisations who have skills and abilities that help resource those affected.
The trustees aim to achieve this by providing financial support in the form of grants to partner organisations, such as Happy Hearts (US) who are working directly in conflict zones. This could be to provide emergency relief such as food or supplies, assist with ongoing programmes such as educational programmes for children or women or provide support to babies in need. The activities of the CIO in pursuit of its charitable purposes are to make financial grants to individuals and organisations. The Trustees have complied with their duty to have due regard to guidance on public benefit published by the Charity Commission when preparing the policies and objectives.
ACHIEVEMENTS AND PERFORMANCE
Main achievements in the year reported on are:
a) Continuing to meet regularly as trustees to formulate the foundations of Happy Hearts UK
b) Continue to pursue avenues for a charity bank account
c) Continued work on marketing materials to promote the work of Happy Hearts UK
Management of the CIO
The CIO is governed by a Board of Trustees, who at present carry out all of the administrative duties. The CIO has no paid staff, it is entirely volunteer governed, managed and operated.
Trustees are appointed in accordance with the Foundation Document, which is the governing document of the CIO. Induction of new Trustees is carried out informally. All Trustees have access to a copy of the Foundation document. Support and training is available for Trustees, to assist them in understanding their role and discharging their responsibilities, on an ad hoc basis as needed. The Trustees have taken account of the Charity Commission guidance on public benefit in the discharge of their responsibilities.
The Trustees endeavour to provide good governance and effective leadership of the CIO by following the principles in ‘Good Governance: A Code for the Voluntary and Community Sector’:
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Understanding their role (collectively and individually);
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Ensuring delivery of organisational purpose;
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Working effectively both as individuals and as a team;
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Exercising effective control over the charity;
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Behaving with integrity;
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Being open and accountable.
During the year reported on, the Trustees have continued reviewing and updating the governance and administration of the CIO.
Grant policy
The CIO intends to carry out its charitable purpose by making grants. In accordance with the governing document of the CIO, grants from the CIO can only be made for the purposes as set out in our objectives, to support those in conflict zones.
Due diligence enquiries and checks will be carried out on all funding applications received and all applicants are verified by means approved by the Trustees. The Trustees seek additional clarification or further information about an applicant and/or the purposes for which they are
applying for a grant, if the Trustees consider it appropriate in order to assess the applicant and application. In making their decisions on applications, the Trustees consider how information provided demonstrates appropriate links to Happy Hearts UK’s objects, in accordance with the CIO’s charitable purposes for the public benefit.
Going Concern
As yet, the charity does not have any funds, due to the lack of a charity bank account. In the future, when we are able to obtain an account, we endeavor to adopt the going concern basis when we are considering how our finances are handled, in line with appropriate policies.
Risk Management
The principal risks are reviewed by the Trustees, and the risk reduction and management procedures are managed on an ongoing basis, as appropriate. We plan to put into place appropriate measures as needed to mitigate risks.
Plans for future periods
The Trustees intend to continue operating the charity on a similar basis in future periods.
Financial Review
As above, there were no finances to review in this period.
Reserves Policy
We do not currently have a reserves policy, due to not holding any current funds. We will however plan to implement a policy when deemed necessary.
Public Benefit
The charity acknowledges its requirement to demonstrate clearly that it has charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
TRUSTEES’ RESPONSIBILITIES
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year. In preparing those financial statements the trustees are required to:
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Select suitable accounting policies and apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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Prepare financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in existence.
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the Trustees…………………………………………………………… Trustee
Print name: Andrea Katherine Towers
Date: 5th February 2025