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THE HAPPY CHARITABLE TRUST

Registered charity 1115679 · accounts filings on the Charity Commission register

General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£46k
Latest spending
£68k
Registered
2006
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held free reserves of £16,209 and bank balances of £22,012 at the end of the period. The charity also holds investments valued at £1,874,349 within its expendable endowment fund. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“Total receipts 46,074 - 1,158,418 1,204,492 850,988”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks (held: £16k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited was paid £11,233 for trust administration services during the year under review. These fees are authorized under clause 20 of the trust deed.
“Ludlow Trust Company Limited was paid £11,233 for trust administration services during the year under review. These fees are authorized under clause 20 of the trust deed.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£46k£68k
31/12/2024£57k£65k
31/12/2023£42k£61k
31/12/2022£27k£84k
31/12/2021£40k£49k

Common questions

Is THE HAPPY CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity held free reserves of £16,209 and bank balances of £22,012 at the end of the period. The charity also holds investments valued at £1,874,349 within its expendable endowment fund. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. Its FY2024 accounts were independently examined.