for the Period Ended 31 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
21 March 2022 to 31 March 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | ||
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| £ | |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Profit(or loss) for the financial year: | |
As at
Notes | 2023 | ||
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| £ | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Accruals and deferred income: | ( | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | ||
Total members' funds: | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2023
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 March 2023
2023 | ||
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Average number of employees during the period | |
Choose The Happy News CIC is set up to support the Happy News for Schools imitative delivered by Emily Coxhead Limited (The Happy Newspaper). The Happy Newspaper is a quarterly newspaper filled with only positive news and features, which bright and colourful illustrations by creative talent from all over the world. The Happy News for Schools sees free copies of The Happy Newspaper sent into schools across the UK. We have 4,870 educators signed up and between April 2022 - March 2023 40,500 free newspapers were delivered. The intention of Choose The Happy News CIC is to raise funding to support the programme but there has been no activity in this previous financial year. The plan is to push on this year, and we are currently in the process of securing funding that would result in approximately 80,000 additional free newspapers in the 12 months after it is secured.
The stakeholders are the children and teachers who receive the free newspapers, feedback has been collected from the educators and the main headlines are:- 97% of teachers said The Happy Newspaper was beneficial to their pupils- 70% said that their pupils gained as awareness of how reading or writing positive stories can support their mental wellbeing- 35% said that their student's gained confidence in expressing their feelings from working with the newspaperAs part of the feedback process teachers are asked for improvement suggestions and where possible these are applied, and we will continue to improve the newspaper for us with children whilst maintaining the newspaper's accessibility for as many people as possible.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 May 2023
And signed on behalf of the board by:
Name: Niall Chartier
Status: Director