Charity Accounts Intelreading the accounts so you don’t have to

It's a Penalty

Registered charity 1161848 · accounts filings on the Charity Commission register · also known as HAPPY CHILD INTERNATIONAL FOUNDATION, HCIF

FUNDRAISING TO PROTECT CHILDREN FROM EXPLOITATION, ABUSE AND/OR ALLEVIATING CHILD POVERTY IN CITIES HOSTING SPORTING EVENTS AND ELSEWHERE;GRANTS TO CHARITABLE ORGANISATIONS IN CITIES HOSTING SPORTING EVENTS AND ELSEWHERE;CAMPAIGN AGAINST CHILD EXPLOITATION CAMPAIGN FOR THE ENACTMENT, STRENGTHENING AND ENFORCEMENT OF LEGISLATION TO PROTECT CHILDREN FROM SEXUAL EXPLOITATION GLOBALLY.

Causes: The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.1m
Latest spending
£944k
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a surplus of £173,941 for the 15-month period, resulting in unrestricted reserves of £195,402. The trustees confirm that these reserves are equivalent to three months of salary costs and that the organization has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 1
“One employee’s emoluments exceeded £60,000 as disclosed below”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of salary costs (held: £195k)
“unrestricted general reserves were £195,402, this is equivalent to three months of salary costs.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Sysdoc Ltd in which K Corich is a director.
“It’s a Penalty received £19,180 (2024 - £21,600) in donations from Sysdoc Ltd in which K Corich is a director.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

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

What the charity says about itself (2026)

From its own voluntary annual review / impact report — the charity’s account of its work, distinct from the statutory accounts analysed above.

The report states that 85+ representatives attended the launch event.
“More than 85 representatives from across sport, government, law enforcement, transport and the anti-trafficking sector came together at the University of Strathclyde to launch our first campaign in Scotland.”
The report specifies 20 buses were used for campaign messaging in partnership with Global Advertising.
“In partnership with Global Advertising, our campaign message is travelling across Glasgow on 20 buses.”
The report details that materials were distributed across 14 specific locations.
“The Salvation Army has distributed campaign materials across 14 church, community and street outreach locations in Glasgow and Edinburgh.”
The report mentions 5 frontline training sessions were delivered to aviation and hospitality sectors.
“Bespoke training delivered to frontline professionals across the aviation and hospitality sectors, equipping them to recognise indicators of human trafficking and exploitation and respond appropriately.”

Public fundraising profile: JustGiving — Its a Penalty (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.1m
Total spending
£944k
Reserves (reported)
£195k
Employees
2

Reported reserves equal ~2.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Australia · Hong Kong · Japan · South Korea · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2025£1.1m£944k
30/09/2024£537k£549k
30/09/2023£520k£487k
30/09/2022£746k£724k
30/09/2021£938k£910k

Common questions

Is It's a Penalty financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a surplus of £173,941 for the 15-month period, resulting in unrestricted reserves of £195,402. The trustees confirm that these reserves are equivalent to three months of salary costs and that the organization has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.

Who funds It's a Penalty?

Funders whose own accounts filings name It's a Penalty as a grant recipient include SOCIETY OF THE HOLY CHILD JESUS CIO, THE EDWARD CADBURY CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
SOCIETY OF THE HOLY CHILD JESUS CIOFY2021£15kGrants
SOCIETY OF THE HOLY CHILD JESUS CIOFY2022£10kSocial justice
THE EDWARD CADBURY CHARITABLE TRUSTFY2022£5kEducation and Training
THE EDWARD CADBURY CHARITABLE TRUSTFY2023£3kEducation and Training

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund21/04/2026£10kCWG26 - Glasgow 2026 Commonwealth Games Human Trafficking Prevention Campaign
The National Lottery Community Fund04/02/2022£9kStudent Ambassadors Network programme