for the Period Ended 31 March 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet 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 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 April 2023
to
31 March 2024
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
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 3 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Accruals and deferred income: |
(
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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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 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Accruals and deferred income |
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Total |
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Choose The Happy News CIC is set up to support the Happy news for Schools initiative delivered by Emily Coxhead Limited (The Happy Newspaper). The Happy Newspaper is a quarterly newspaper filled with only positive news and features, with 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 4,713 educators signed up and between April 2023 - March 2024 109,500 free newspapers were delivered. The Intention of Choose The Happy News CIC is to raise funding to support the programme. In this business year we secured a total of £40,000 in funding, resulting in an additional 82,800 newspapers being sent throughout the year.
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 an 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 newspaper As 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 use 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
9 April 2024
And signed on behalf of the board by:
Name: Niall Chartier
Status: Director