ONE COMMUNITY EASTLEIGH COMPANY NUMBER: 3132524 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Registered Company Number.. 3132524 Registered Charity Number.. 1052978 Directors/ Trustees: Kim Day- Chair Andrew Black- Treasurer Gail Bloomfield Warwick Clews- Vice Chair Sam Crompton David Lowe Tahina Akther Pat Statham Adrian Hughes (Co-opted Trustee) Chief Executive and Company Secretary: Hayley Malcolm Principal and Registered Address: 12 Romsey Road, Eastleigh, Hampshire, S050 9AL Bankers: Lloyds Bank PIC 3, 6 Market Street, Eastlei8h, Hampshire, S050 9YT CAF Bank Limited, Kings Hill, West Malling, Kent, ME19 4TA Auditor: Knight Goodhead Limited 7 Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire, S053 3DA ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Chair's Report A significant strand of work for the Board of Trustees during the financial year 2024- 2025 has been continuing to develop a robust system of governance and to build on the benefits of having a Strategic Plan in place which was reviewed and updated in February 2025. As a result of implementing the Strategic Plan the Board of Trustees has created a committee structure consisting of three committees. The aim of the new structure is to provide a forum where Trustees can have more detailed discussions with senior managers to enable policy and recommendations to be developed, which are then presented to the full Board for information or for a decision, The Committees are: Finance and Investment Committee: Responsible for independently advising and informing the Board about One Community'5 finance and investment matters, including the reserves held in various bank accounts and investments. Operations Committee: Responsible for working with the Chief Executive Officer to ensure an appropriate framework is in place for all defined operational areas, which is recorded and regularly reviewed. The operational areas the Committee has oversight of are.. HR: To ensure there is a robust and effective people management and development framework in place which supports the current, and future operational work of One Community, underpinned by an appropriate renumeration scheme. b. Health & Safety., To ensure there is an appropriate Health and Safety framework in place which 15 followed to keep employees, volunteers, and clients safe and comply with legal and statutory requirements. c. Safeguarding.. To ensure there is an appropriate Safeguarding framework in place which ensures compliance with legal and statutory requirements. Risk Committee: Responsible for providing assurance that all risks to the charity's operations are being effectr'vely managed. Each committee is made up of three Trustees and relevant Senior rnanagers are invited as appropriate. Each committee meets at least four times a year and produces updates and report5 to the Board as appropriate. Another key area for Trustees during 2024- 2025 has been the charity's finances and its investment portfolio. The number of grants available to bid for has significantly reduced and grants the charity had received previously have ceased. The loss of grant income has been ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 exacerbated by the general rise in costs and the decrease in revenue from current services due to a lack of growth in Some area5. This amalgamation of factors led to a budget deficit at the end of March 2025. It has been possible to manage the 2024 - 2025 budget deficit and current forecasts suggest the outturn for 2025 2026 may be that One Community breaks even. This has led to a significant piece of work by Trustees to look at the work of the charity and identify areas where existing services could be reviewed to maximise income, and new income streams could be developed. This will be a major piece of work during 2025- 2026. The Finance and Investment Committee has put into effect the Charity'5 Investment Strategy which has seen the creation of long, medium- and short-term fund5. These funds are designed to maximise the investment income One Community can earn at a level of risk that is acceptable to Trustees, whilst ensuring there is appropriate acces5 funds. The position of each fund is regularly reviewed by the committee and reported to the Board of Trustees. 2024- 2025 has been the first full financial year for One Community's Chief Executive Officer ICEOI, Hayley Malcolm, who was appointed in September 2023. 8y November 2024 Trustees had appointed to two new posts, the Head of Operatrons- External, and the Head of Internal Operations and Communications, to work with Hayley as the Senior Management Team. The next stage in developing One Community as a robust organisation able to meet the challenges ahead was to look at how services were delivered. The model Trustees approved during the second half of 2024 was the creation of a central hub for all back-office services. The aim was to ensure., That people could work across service areas and therefore elimination single points of failure, All contact with customers would be received by a central team so calls could be effectively managed and accurate records kept of issues raised, and To provide the training and resources to enable staff to adapt to the new style of working. Preparation for the introduction of the Hub started in January 2025 with the gathering of data and a major review of working practices. To support the process a project group was set up led by Trustees from the Operations Committee. To support the CEO in her new role, the Trustees agreed to pay for Hayley to attend the New Chief Executive Programme which started in January 2025. The prograrnme was run by the Bayes Business School which is a part of the City University of London. Hayley successfully completed the course and ha5 brought back many new ideas and made lots of useful contacts, she has even been invited back as a guest speaker on the 2026 programme. ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 In conclusion, it has been a challenging year for One Community as grant income had reduced but the demands of the organisation continue to increase. However, the Trustees and Senior Management Team have worked well together to try and future proof the organisation. One important issue that remained outstanding during 2024/25 was the finalisation of the lease on 12 Romsey Road with Eastleigh Borough Council {EBCI. During second half of the 2024 negotiations regarding the lease commenced and by March 2025 the lease was finalised and EBC agreed to use its discretionary powers to write off the outstanding Service Charges up to the 31st March 2025. During the first part of the financial year 2025/26, whilst the lease was ready for signing, EBC insisted that it was linked to a formal Heat Supply Agreement. Negotiations on the content of the Heat Supply Agreement did not Start until the second half of 2025/26 and was agreed in January 2026, The lease and Heat Supply Agreement were formally signed by both parties on the 23rd January 2026. Kim Day Chair of the Board of Trustees November 2025 The Trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 31 March 2025. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document One Community Eastleigh is a company Limited by Guarantee and a registered charity. It is governed by its Memorandum and Articles of Association. The company was incorporated as Eastleigh Community Services on 30 November 1995 and was 8ranted charitable status on 14 February 1996. It changed its name in April 2007 to One Community Eastleigh, trading as One Community. Recruitment and Appointment of Trustees All trustees who have served during the period are as indicated on Page l. The Memorandum and Articles of Association of the company govern appointment of Trustees. Under those Articles nine Trustees can be elected by thirds by members at the AGM and serve for a period of three years. The Trustees are authorised to co-opt up to three new Trustees. Members of One Community are invited to put forward nominations for Trustees on an annual basis. The Trustees seek to achieve a balance of professional skills and knowledge of the communitie5 within their number. ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Trustees Induttion and Training All new Trustees undergo a familiarisation process with the work of One Community, an induction into their role as a Trustee and relevant training i.e., Safeguarding. Trustees are invited to attend One Community events in order get to know One Community staff and volunteers. Specific Trustees are allocated to the various sections of work undertaken by One Community to develop a more in depth understanding of that area of work and to be able to bring any issues connected with that area to the attention of the other Trustees. Risk Review The Trustees have conducted their own review of the major risks to which the charity is exposed, and systems have been established to manage those risks. The charity recognises a key risk is external funding and is continually lookingto diversify its funding streams for projects to ensure future funding is forthcomin8. Internal risks are minimised by the implementation of procedures for the authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity, ORGANISATIONAL Structure The Trustees determine the strategic direction and general policy of the company. The day- to-day management of the charity is delegated to the Chief Executive, Related Parties In so far as it is complementary to the charity's objects the charity is guided by national, regional, and local policy and works in partnership especially with local stakeholders to meet it5 aims. One Community would like to thank these local stakeholders for their support during the year 2024/25.'_ Eastleigh Borough Council Fareham Borough Council Hampshire County Council Hampshire and IOW Community Foundation ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES OF ONE COMMUNITY To promote any charitable purposes for the benefit of the community in the area of the administrative authorities compromising the historic county of Hampshire (including Portsmouth and Southamptonl and in particularthe local government district of Eastleigh and, if the trustees shall so decide, in any of the administrative authorities immediately adjoining, and in particular the advancement of education, the protection of health and the relief of poverty, distress and sickness. To promote and organise co-operation in the achievement of the above purposes and to that end bring together representatives of the voluntary organisations operating within the local government district of Eastleigh primarily and, relevant statutory authorities en8aged in the furtherance of the above purpose. Following the successful development of our business plan in 2023 we developed our Strategy Map, which is set out below. The business plan is reviewed annually to ensure it remains relevant and reflect5 the changing environment in which the charity operates. Strol•gy Mthp to March 20271 PURPOSE.. To •upportth• r••ld•nts of th• COMM￿lty to Impro¥• th•lr h•ilth Ind Y4Yllb•knB, •npwNoln•lnthp•nd••M and bulldlnu rnslll•nu. 'Tog•thirY4W ffl•k• • ￿￿1*•Tha•. VISION.. A Mmm¥nitywh•M •wryon• l••18 £orsfld•nL •il•. Ind •mp•vrthd. tyanllaiion Outeorn•i y Mjrnh 202Y w•*lll h4Y¥ 4dlv4ts• la￿• olw•1141y•rdid, rt¥pgnil*• .1•NI￿%￿h1oI roufin•ly d•l1v•rpo•l￿¥1QUt￿Orn￿ fot th•m￿d¥￿￿' h•ilth andvMllb•ln9 In Hllmpahlr•. Stsk•h•ld•r 04￿M•1 WethI￿rCo￿ll5￿nI & Ibkser¥KesoMcl￿1 •Dd efte£b¥dy The BASICS RIGHT U5TAINA8LE FUTU H￿fi1-[¢[-pwp￿a documonled polldey and procB*ies Impaclcrf '&.rog'0n*vlDayAwl ￿￿￿M￿e1hl Inve51rnertw&hv•* *i aL¥ IT .'*,Jj￿.￿fWllf¢W 01 res1￿n¢*¢If￿r narttJ 13REATPEOPLE AM>ORGANI8AIION stall voluDlee.1s lo achittve reiyard Iiarkage INTEGRITY INCLUSIVENESS INDEPENDENCE EXCELLENCE ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 ACTIVITIES. ACHIEVEMENTS, PERFORMANCE AND FUTURE DEVELOPMENTS FOR PUBLIC BENEFIT Our aim is to work locally to promote voluntary activity, encourage work in partnership, provide community services and advocate change, which enhances the quality of life for all in our community. The vision and core values of the organisation and the critical success factors were still seen as appropriate, a5 were the strategic goals detailed below.. Strengthen and sustain a thriving voluntary and community sector across Eastleigh and Hampshire, improving the health and wellbeing of local residents. Develop long-lasting, effectrve partnerships that create shared value and collective success. Increase the visibility and recognition of One Community's impact within the community and beyond. Foster a supportive, inclusive, and high-quality workplace where people can thrive. Operate as a responsible, ethical organisation that contributes positively to society. One Community largely seeks to achieve its aim by running a series of services. In planning the activities undertaken by these services the Trustees have taken account of the Charity Commission's guidance on public benefit. Within One Community, a wide range of services are delivered at any given time, allowing us to respond quickly to changing circumstances. The safety of our clients, volunteers, and staff has remained a top priority throughout the year and will contr'nue to be so. Our staff and volunteers deserve great credit for their willingness to adapt, their responsiveness to emerging needs, and their flexibility in taking on whatever was required to support our clients, The organisation delivered these services during this period.. Lifeline- Lifeline gives users the confidence to live independently in their own homes, knowing that if they have an accident, a fall, or begin to feel unwell, help can be reached quickly. It is a telephone-linked support service designed to help clients maintain a safe and independent lifestyle. In an emergency, the client simply presses the wearable panic button, which immediately alerts a 24-hour careline contact centre so that assistance can be arranged without delay. 174 Lifeline Units were installed. We have invested and will continue to invest financially in this service during 2025/26, to better support the move to digitalisation. The Day Activities Service We offer a wide range of care, entertainment, and activities for older and vulnerable individuals. Our highly trained staff team is experienced in supporting people with a variety of health and medical condibons, including dementia, Parkinson's, physical disabilities, and learning disabilities. Our aim is to create a fun, person-centred, and Stimulating environment where clients can choose to take part in group activities or enjoy individual sessions based on their preferences. ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 All clients are provided with a two-course lunch and have unlimited access to refreshments throughout the dav. We also operate a dedicated minibus service that collects clients from their homes and returns them safely at the end of the day. We go the extra mile to ensure homes are securely locked when clients leave and that they are settled comfortably upon their return, This year we have had attendance of over 2,000 sessions providing respite and social inclusion to some of the most vulnerable individuals living throughout the Borough of Eastleigh more importantly serving over 3,500 hot drinks. Personal Assistance Options Service/Care and respite our carefully trained and friendly staff provide the care and support for clients to live independently in their own homes, either through reducing barriers or providing appropriate assistance. The support we offer is varied, but could include short break respite for carers, support with managing the home, personal care, meal preparation, support with communications or admin, or support to access the community, for example going shopping, to a medical appointment, to access a club or carry on with a hobby. We delivered over 1,500 hours of care durin8 this year. Trips Out Project We completed 6 trips taking 24 different people to various locations throughout Hampshire. This project is aimed at supporting individuals living with social isolation, or loneliness, to reconnect with their community through bringing people together on a trip to either a place of interest, theatre or for a meal. The trips are all decided on by the individuals referred to the project. The trip5 are all provided free of charge thanks to some generous grant funding, so thi5 removes the main barrier for many individuals who are experiencing loneliness and isolatron. Young Carers- The service supported more than 116 young carers aged 8 to 18 who live in the Borough of Eastleigh during the period of 2024/2025, recognisin8 there are over 360 registered children/young people in a caring role acrossthe Borough of Eastleigh. The activities we provide give young carers valuable time away from their caring responsibilities and the chance to build friendships with others in similar situation5. Our aim is to empower young people by offering positive experiences in a safe, fun, and supportive environment where they can truly be themselves. Throughout the year, we delivered extensive holiday provision, with most young carers attending regularly. We a150 offered term time club nights and specialist exploratory support for high need young carers in crisis, including one to one sessions. One of the greatest achievements for us as a project this year was supportng and encouraging the young carers with their aspirations, which included saying goodbye and 8ood luck to 4 young carers who were successful in securing a space at university. We are so proud of our Young Carers. ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 We have seen a growing demand for this service, alongside increasing complexity in the needs of families-particularly relating to mental health. There is also a rising need for more tailored support for neurodiverse young people. Hampshire Young Carer5 Associatr'on - One Community leads the Hampshire Young Carers Alliance (HYCA), a consortium of ten Young Carer projects and services across Hampshire. Established around 2005, HYCA was created to bring individual services closer together, enabling the sharing of good practice and resource5. Its overarching vision is to develop a unified, county wide voice that advocates for and champions Young Carers. The consortium strengthens relationships with key stakeholders and supports a shared commitment to quality, evaluation, consistency, and long term sustainability. In the year ahead, securing funding will remain a key priority for the Management Committee, alongside ongoing awareness raising, development of essential resources and ensuring that the voices of young people continue to shape the service. During 2024/2025 following a competitive tendering process, we were successfully awarded the lead contract for the Young Carers service in Hampshire for a further three years, with the potentr'al for a two year extension. We are extremely proud of this achievement and remain committed to working collaboratively as part of the consortium ensuring young carers are supported locally, advocating on their behalf, raising awareness, and amplifying the voices of our young people. Connect (previously Dial a Ride} 15 a door-to-door transport service for people living in the borough of Eastleigh who find it difficult or impossible to use ordinary bus Services and linking parishes through the operation of Parish link and dedicated shopping services. It operates 6 days a week and is a valued service to its clients. Connect Trips for this period 12,780 passenger trips. Connect Group Hire (Minibus hire) provides Rroup transport for community and charitable organisations who are registered Core Members of One Community. They might be youth groups, sports clubs, or older people's lunch clubs. Our volunteer driver5 regularly transport passengers to a variety of destinations using our fleet of accessible minibuses. The vehicles are available 24 hours a day, seven days a week. Total group hires for this period 848 trips completed. Hedge End Retail Park provides subsidised dedicated shopping transport for the residents of the borough of Eastleigh to Hedge End Retail Park over 5 days. This service is funded by the Hedge End Retail Park group management group and is so valued by the residents of Eastleigh Borough. Hedge End Park Passenger Trips for this period 5,268 passenger trips. At the beginning of 2025, One Community submitted a significant tender application to continue delivering community transport services under a new contract, which included proposed changes such as incorporating school transport for SEND children. Although the ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 decision fell outside this reporting year, we are pleased to confirm that in May 2025 we were awarded the contract and will continue as the community transport provider for Eastleigh Borough from September 2025. Shopmobility - Shopmobility, based in the Swan Centre on Wells Place in Eastleigh, provides powered and manual wheelchairs and scooters to help people shop independently and access town centre facilities. The service is subsidised by the provision of funding from Eastleigh Borough Council to make the service accessible for all. During the year, we hired out, mobility scooters on 1,380 occasions, and manual wheelchairs on 674 occasions. Overall figures for the year showed we hired out a total of over 2,800 mobility items including powerchairs, walking frames and crutches. Voluntary Sector Support We continued our valuable work with our membership groups throughout Eastleigh, supporting over 100 membership organisations with placing volunteer adverts, training, governance, safeguarding training, policies and having access to our core services at a discounted rate, for example using our Connect Group Hire minibus to provide vital transport support to enable community group5 to be able to keep some of their most vulnerable individuals active in their community. Despite not securing dedicated funding to deliver full volunteer centre services, we have remained committed to supporting our existing community mernbers and groups. By utilising the limited funds available through Hampshire County Council, we have continued to provide essential volunteer support and record volunteer recruitment activity wherever possible. Over the past year, we have assisted a range of community organisations Wlth varied and complex needs, including strengthenin8 safeguarding policies and procedures, facilitating fi'rst aid training, and offering practical guidance on grant applications and funding opportunities. The volunteer centre has played a pivotal role in our community for more than 40 years, and the loss of core funding combined with the challenges of securing further financial support has been exceptionally difficult. Nevertheless, we remain dedicated to delivering the highest standard of support achievable within our current fi'nancial constraints, ensuring our members and community groups continue to receive vital guidance and assistance. Community Events - One Community took part in many events in Eastleigh, during the year, including.. The Mela, Ea5tlei8h Pride, Eastleigh Christmas Light Switch on and Fryern Funtasia. We are looking forward to being at even more events in the year ahead, Digital Engagement - One Community's social media engagement and reach have increased dramatically in this year. Thi5 has enabled our membership groups to get their news and information out more widely in the community. For example, advertising the Eastleigh MELA for Asian Welfare Cultural Association and volunteer opportunities for varying community groups and charities throughout Eastleigh. 10 ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The beginning of 2025 saw the completion of the fi'nal stages of our new website, which enabled it to ready for launch in 2025/2026. Cost of Living response One Community was successful in sourcin8 funding from HCC to be able to assist reS￿dentS with some of the difficulties they have faced, such as fuel, clothes, food, toiletries, blankets etc. The intention is to apply for further funding in 2025/26 to assist with the winter needs. Ukraine - In March 2022, One Community began discussions with EBC and other partners to identify how best to support Ukrainian refugees arriving in the area. By April 2022, One Community had worked collaboratively with EBC to establish a welcome café for both new arrivals and their hosts. With the help of dedicated volunteers who provided translation and practical support the café continues to operate successfully today. One Community also appointed a Ukrainian Community Outreach Worker to enhance EBC'S efforts and offer direct support to refugees, a role that has proved highly effective. Local Children's Partnership- Hampshire County Council provided initial funding to help revive the LCP in Eastleigh. One Community is the lead organisation for this work in the borou8h, with one of our Trustees, Pat Statham, continuing to serve as Chair. The funding supported several months of administrative capacity during which we also secured additional funding to appoint a Coordinator for the year 2024/2025. One Community was also successful in obtaining funding for the LCP to support Ukrainian families in the borough with children, particularly to help cover moving costs which had been identified as a significant gap for those transitioning from their original hosts to alternative accommodation. During the 2024/2025 financial year, the LCP successfully distributed grants totalling £12,000 to a range of LCP Partners. These funds were allocated through a structured assessment process to organisations that demonstrated both the capacity and commitment to deliver targeted projects aligned with the LCP'S strategic priorities. The grants supported initiatives designed to address identified local needs, strengthen community provision, and contribute to the wider objectives of the partnership. By investing in projects that offered clear outcome5 and measurable community benefit, the LCP was able to enhance collaborative working and ensure that resources were directed where they could have the greatest impact. 11 ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Partnershi Workin During this year members of the Senior Management Team have taken part in the following meetings which has been extremely valuable in raising the profile of One Community. Community Infrastructure Partnership Eastleigh Borough Council Community Safety Partnership Eastleigh Early Help Hub Eastleigh Welfare Agencies Partnership Eastleigh Multi Agency Youth Partnership Eastleigh Loca I Ch i Id ren Partnershi p Eastleigh 8usiness Improvement District Board Hampshire Adult Safeguarding Board Subgroup Hampshire Carers Partnership Board Hampshire Carers Operational Group Hampshire Transport Operators Forum Hampshire Young Carers Alliance E35tleigh Volunteers Managers Network One Community continues to collaborate closely with other Community Voluntary Service organisations across Hampshire, sharing learning, information, and resources to enhance efficiency and support long term 5UStainability. Through this collective approach, we address key challenges such as mental health, poverty, and social isolation, recognising that these efforts play a vital role in improving the health and wellbeing of residents. The Future One Community's financial position in 2024-25 was extremely challenging, with rising costs and increasing demands across our contracts. As a result, the charity has ended the financial year with a deficit, and it is likely that similar pressures will continue in 2025-26. While this is not a positive position to be In, One Community remains committed to taking every possible step to secure financial stability. To this end, the Board of Trustees are looking at One Community'5 portfolio of services where income can be generated. The financial year 2025/26 will mark a significant period of transformation for One Community. There are plans in place to introduce a single point of acce55 contact model. This will involve moving away from the established approach of delivering services in silos. It has been recognised that thi5 long standing method of service delivery is no longer appropriate as it is inefficient and does not give the data on contact with service users that the organisation needs to shape its service delivery. 12 ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 One Community has worked hard throughout the year to maintain its strong reputation with our clients and partners. The Trustees have acknowledged that some strategic decisions made in the past have contributed to the loss of key funding and contracts. However, the Board of Trustee, supported by the Chief Executive Officer are now addressing the consequences of those choices with transparency, determination and accountability. The Board of Trustees and Chief Executive Officer remain confident and optimistic that the changes planned for 2025126 will bring renewed energy and transparency to the charity. This next phase of development is expected to strengthen One Community and put the organisation in a p051tion which enables it to secure a long-term future which is financially sustainable. This will ensure One Community is able to continue serving our communities for the next 45 years and beyond. FINANCIAL REVIEW Income has decreased to £952,17312024: £1,331,531). There continues to be considerable effort employed to attract funds to further the aim5 and objectives of the organisation. The Trustees have endeavoured to ensure that the maximum amount of money possible is expended on the work of the charity for its beneficiaries. Expenditure for the yeartotals £1,258,357 (2024: £1,300,677). This has resulted in a deficit for the year of £307,295 (2024., surplus of £30,854}. The Trustees are satlsfied that the monitorin8 reports provided allow the Chief Executive and Senior Management Team to maintain effective control over expenditure. They are also confident that the restricted funded projects are being delivered in line with their respective project plans. RESERVES POLICY The Trustees have examined the charity's requirement for reserves in the light of the main risks to the organisation. They have concluded that unrestricted funds not committed or invested in tangible fixed asset5 held by the charity should be approximately 3 months of expenditure. This is to allow Services involving vulnerable people to be continued for an appropriate period in the event of cessation of funding. Reserves are also held to even out cash flow and to fund exceptional future building project costs. The balance of free reserve5 at 31 March 2025 was £38,239 {2024: £216,860), which 15 under one month of unrestricted expenditure. The trustees are keeping this under close review. 13 ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 PRINCIPAL FUNDING SOURCES The principal funding sources for the charity are those organisations which use One Community's services and in certain cases give grants towards our charitable work. Further details are given in note 13 to the financial statements. One Community would like to acknowledge our thanks to all the organisations and individuals that have sUPPOrted us in the last year. INVESTMENT POLICY The Trustees have the authority to invest the money that One Community does not immediately need in any investments or properties. At present, surplus funds are on deposit ensuring that funds are readily available if required, but that interest Is received on the bank balance. FUNDS HELD AS CUSTODIAN TRUSTEE One Community acts as custodian trustee for certain funds which are detailed in note 12 of the accounts. RESPONS181LITIES OF THE TRUSTEES The trustees (who are also directors of the charitable company for the purposes of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charitable companyforthat period. In preparingthese financial statements, the trustees are required to: select 5Ultable accounting policies and then apply them consistently,, observe the methods and principles in the Charities SORP; make judgments and accounting estimates that are reasonable and prudent; State whether applicable UK Accounting Standards have been followed, subject to any material departure5 disclosed and explained in the financial statements, and prepare the financial statements on the going concern ba515 unless it is inappropriate to presume that the charitable company will continue in business. 14 ONE COMMUNITY EASTLEIGH (company limited by guarantee) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant audit information of which the charitable company's auditors are unaware,. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information, The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's web51te. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. AUDITORS A resolution to re-appoint Knight Goodhead Limited a5 Auditors for the ensuing year will be proposed at the annual general meeting in accordance with section 485 of the Companies Act 2006. SMALL COMPANY PROVISIONS This report has been prepared in accordance with the Accounting and Reportr'ng by Charities: Statement of Recommended Practice applicable to charities preparing their account5 in accordance with FRS 102 and the provisions for small companies under Part 15 of the Companies Act 2006. Signed on behalf of the Trustees Kim Day Zolc 15 INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF ONE COMMUNITY EASTLEIGH (Company limited by guarantee and not having a share capital) Opinlon We have audilwJ the financial statenEnts of One Community Easileigh ￿ the year ended 31 March 2025, which comprise the Statement of Financial Activities, Balance Sheet, Cashflow Slalemenl and the related notes. The financial reporting frdmework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102.. The Financial Repoth'ng Standard applicable to the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion, the financial statements.. give a true and fair view of the slate of the charitable company's affairs as at 31 March 2025, and of its income and expenditure for the year then ended,. have been propedy prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿,. and have been p￿pared in accordance with the requirements of the Companies Act 2006. 8asls of opinion We conducted our audit in accordance with Intemalional Standards on Auditing IUKI IISAS {UK)l and applicable law. Our resFonsibilities under those standards are futher described in the Auditor's responsibilities for the audit of the financial stslements section of our report. We are independent of the Charity in accLvdance wlh the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in rdance with these requirements, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclu¥lon• rglating to going concem In auditing the financial slalements, we have concluded that the trustees, use of the gcing con￿rn basis of accounting in the preparation of the financial slalements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubl on the charitsble company's ability to continue as a going concern for a period of at least12 months from when the financial statements are authorised lor issue. Our responsibilities and the responsibilities of the trustees with ￿$￿t to going concem are described in the relevant sects'ons of this report. Other Informatlon The Iruslees are resFonsible for the other infomialion. The other infomiation comprises the information included in the annual report other Iliaii Llie liiidlluldl bidlements and our auditor's report Ihereon. Our colnion on the flnancial statements does not cover the other information and, except to the exlenl otherwise explicitly 51aled in our report, we ¢Jo not express any form of assurance conclusion Ihereon. (Xjr resp)nsibility is lo read the other infomiation and, in doing so, consider whether the other infomialion is materially inconsislenl with the fi'nancial statements or our knowledge obtained in the audit or otherwise appears to k materially misslaled. If we identify such material inconsistencies or apparent material misstatements, we are reqUI￿d lo determine whether there is a material misstalemenl in the financial statements or a material misstatement of the other infcffmalion. If, based on the work we have performed, we condude that there is a material misslalement of this other infcfftalion, we are requirèj to report that f&t. We have nothing to rerrf)rt in this regard. 16 INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF ONE COMMUNITY EASTLEIGH (Company limited by guarantee and ncl having a share capital) Mattern on whlch we are required to report by excéption We have nothing lo report in ￿spect of the following matters where the Crynpanies Act 2006 requires us to report to you if, in our opinion.. the company has not kept adequate and sufficient &counting reccffds, or return5 adequate for our audSt have not been received from branches not visited by us., or the company's financial statements are not in agreement with the accounts'ng records and retums,, or certain disclosures of Iruslees, remuneration specified by law are not made,, or we have not received all the information and explanations we require lor our audit., or the Iruslees were not entitled to prepare Ihe financial statements in accordance with the small companies ￿gime and lake avanlage ol the small companies exemption in prepafing the Trustees, Annual Report and take advantage ol the small companies exemption from the requifement to prepare a strategic report. Re8pon8ibilltltt of tho trusteii As explained m¢ye fully in the trustees, responsibilities statement, the tfustees are responsible for the preparation ol the financial slalemenls and for being satisfied that they give a Irije and lair view, and lor such internal control as they determine is necessary to enable the preparation of financial ststemenls that are free from material misstatement, whether due lo fraud or error. In preparing the finantiyal slalements, the Imstees are responsible for assessing the charitable company's ability lo Gontinue as a going concem, disclosing, as applicable, matters related lo going concem and using the 90ing concern basis of accounting unless the trustees &'lher intend lo liquidate the charitable company or to cease operations, or have no ￿aliStiC alternative bul to do so. Auditorfj rnipon8lblliti08 for th• audlt of the financlal stat•m•nti We have been appointed as auditor under the Companies Act 2Crf)6 and report in accordance with the AGI and relevant iegulalions made (Y having effect thereunder. Cmjr objectsves are to obtain reasonable assurance about whether the financial statements as a whole a￿ free from material misslalement, whether due lo fraud or error, and lo issue an audit￿5 report that includes our opinion. Reasonable assurance is a high levd of assurance, but Is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Mi5Statements can arise from fraud or error and are considered material if, individually or in Ihe aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of nonc)>[L￿)￿8Ci•0