Charity registration number: 1051625
ONE FROM THE HEART CIO TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
One From The Heart CIO Contents
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 9 |
One From The Heart CIO Reference and Administrative Details For The Year Ended 31 January 2025
| Trustees | Ms Deborah Watson |
|---|---|
| Mr Guy Funnell | |
| Mr Stuart Griffiths | |
| Charity Number | 1051625 |
| Principal Address | 48 Acre End Street |
| Eynsham | |
| Oxfordshire | |
| OX29 4PA | |
| Independent Examiner | Accounting4Actors Ltd CIMA |
| Accounting4Actors Ltd | |
| CIMA | |
| Suite LP61812 | |
| 20 Wenlock Road | |
| London | |
| N1 7GU | |
| Bankers | National Westminster Bank PLC |
| London |
Page 1
One From The Heart CIO Trustees' Report For The Year Ended 31 January 2025
The trustees present their report and the financial statements for the year ended 31 January 2025.
Objectives and Activities
Aims and Objectives
One From The Heart's aim is to further the development of public appreciation of the Dramatic Arts.
Significant Activities
During the period November – December 2024, One From The Heart worked on producing a Christmas Show, Snow White, at The Chelmsford Theatre, working once again in partnership with Chelmsford City Council. OFTH continued to offer paid work experience placements to students, both in technical theatre and performing arts. Local teenagers were also given the opportunity to perform.
The production was a creative success and was also the best-selling show financially in The Chelmsford Theatre’s history. OFTH commissioned a writer to re-write the story of Snow White, in order to promote female characters in a strong, independent light, and this approach was well-received by audiences. OFTH offered paid work placements to six third year performing arts students plus two graduate students from technical theatre courses: one graduate student from a stage management course and the other student from a wardrobe/ costume design course. In addition, twelve young people from the local community were given the opportunity to rehearse with a professional director and to perform alongside a professional cast.
Public Benefit
These activities were undertaken for the public benefit.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
The trustees' report was approved by the board of trustees and signed on its behalf by: Ms Deborah Watson YI 1 Trustee 24/11/2025
Page 2
One From The Heart CIO Independent Examiner's Report to the Trustees of One From The Heart CIO For The Year Ended 31 January 2025
I report to the trustees on my examination of the accounts of One From The Heart CIO (the Trust) for the year ended 31 January 2025.
Responsibilities and Basis of Report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Accounting4Actors Ltd CIMA 24/11/2025 Suite LP61812 20 Wenlock Road London N1 7GU
Page 3
One From The Heart CIO Statement of Financial Activities For The Year Ended 31 January 2025
| Notes INCOME AND ENDOWMENTS FROM: Charitable activities: Charitable activities EXPENDITURE ON: Charitable activities: 3 Charitable activities NET (EXPENDITURE)/INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8 |
2025 Unrestricted funds £ 140,769 |
2024 Unrestricted funds £ 147,140 |
|---|---|---|
| (143,600) | (144,287) | |
| (2,831) | 2,853 | |
| (2,831) 3,594 |
2,853 741 |
|
| 763 | 3,594 |
The notes on pages 6 to 8 form part of these financial statements.
Page 4
One From The Heart CIO Statement of Financial Position As At 31 January 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 15,319 | - | 15,319 | 18,773 | |
| 15,319 | - | 15,319 | 18,773 | ||
| Creditors: Amounts Falling Due Within One Year | 7 | (14,556) | - | (14,556) | (15,179) |
| NET CURRENT ASSETS (LIABILITIES) | 763 | - | 763 | 3,594 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 763 | - | 763 | 3,594 | |
| NET ASSETS | 763 | - | 763 | 3,594 | |
| FUNDS OF THE CHARITY | |||||
| Unrestricted Funds | 763 | 3,594 | |||
| TOTAL FUNDS | 8 | 763 | 3,594 |
On behalf of the board yet Ms Deborah Watson em Trustee 24/11/2025
The notes on pages 6 to 8 form part of these financial statements.
Page 5
One From The Heart CIO Notes to the Financial Statements For The Year Ended 31 January 2025
1. General Information
One From The Heart CIO is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1051625. The principal address is 48 Acre End Street, Eynsham, Oxfordshire, OX29 4PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
Donations, legacies, grants etc. are accounted for when due to the charity, where applicable, with their associated tax recoverable element.
Production income is credited to the statement of financial activities for the period in which the related production takes place. Fees received in advance of future produtions are deferred. All other income is recognised when it is receivable.
No income is recorded net of expenses except where these are beyond the control or knowledge of the trustees.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
2.3. Resources Expended
Resources expended are recognised in the period in which they are incurred except that production expenses are recognised in the period in which the production takes place. Governance costs are those necessary for the charity to meet constitutional and statutory requirements and include any costs associated with the strategic management of the charity's activities.
2.4. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Analysis of Expenditure
| Charitable activities Charitable activities |
Activities undertaken directly £ 117,497 |
Support costs (see note 4) £ 26,103 |
2025 Total £ 143,600 |
|---|---|---|---|
| 2024 Support costs (see note 4) £ 144,287 |
Page 6
One From The Heart CIO Notes to the Financial Statements (continued) For The Year Ended 31 January 2025
- Support Costs
| 4. Support Costs |
|
|---|---|
| Employee costs Premises expenses General administration Governance costs General administration Governance costs |
2025 Charitable activities £ 20,141 46 4,917 999 |
| 26,103 | |
| 2024 Charitable activities £ 143,288 999 |
|
| 144,287 |
| 5. Independent Examiner's Remuneration Independent examination of the financial statements 6. Average Number of Employees Average number of employees during the year was: NIL (2024: ) 7. Creditors: Amounts Falling Due Within One Year Taxation and social security Accruals and deferred income 8. Movement in Funds As at 1 February 2024 £ Unrestricted funds General: General unrestricted fund 3,594 Total funds 3,594 |
5. Independent Examiner's Remuneration Independent examination of the financial statements 6. Average Number of Employees Average number of employees during the year was: NIL (2024: ) 7. Creditors: Amounts Falling Due Within One Year Taxation and social security Accruals and deferred income 8. Movement in Funds As at 1 February 2024 £ Unrestricted funds General: General unrestricted fund 3,594 Total funds 3,594 |
Income £ 140,769 |
2025 £ 999 2025 £ 13,557 999 14,556 Expenditure £ (143,600) |
2024 £ - |
|
|---|---|---|---|---|---|
| 2024 £ 14,180 999 |
|||||
| 15,179 | |||||
| As at 31 January 2025 £ 763 |
|||||
| 3,594 | 140,769 | (143,600) | 763 |
Page 7
One From The Heart CIO Notes to the Financial Statements (continued) For The Year Ended 31 January 2025
| Unrestricted funds General: General unrestricted fund Total funds |
As at 1 February 2023 £ 741 |
Income £ 147,140 |
Expenditure £ (144,287) |
As at 31 January 2024 £ 3,594 |
|---|---|---|---|---|
| 741 | 147,140 | (144,287) | 3,594 |
9. Transactions with Trustees
Ms D Back, who is related to Mr S Griffiths (a Trustee), was paid £19,500 (2024: £18,000) for professional services as a contractor.
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
10. Related Party Disclosures
Page 8
One From The Heart CIO Detailed Statement of Financial Activities For The Year Ended 31 January 2025
| INCOME AND ENDOWMENTS FROM: Charitable Activities: Charitable activities Income from charitable activities EXPENDITURE ON: Charitable Activities: Charitable activities Production costs Subcontractor costs Travel and subsistence expenses Rent Computer software, consumables and maintenance Insurance Telecommunications and data costs Accountancy fees Subscriptions Bank charges Sundry expenses Independent examiner's fees Accountancy fees NET (EXPENDITURE)/INCOME |
2025 Total funds £ 140,769 |
2024 Total funds £ 147,140 |
|---|---|---|
| 140,769 | 147,140 | |
| 140,769 (117,497) (19,500) (641) (46) (722) (1,519) (1,155) (168) (245) (69) (1,039) (999) - |
147,140 - - - - - - - - - - (143,288) - (999) |
|
| (143,600) | (144,287) | |
| (143,600) | (144,287) | |
| (2,831) | 2,853 |
Page 9