Registered number: 04278543 Charity number: 1091721 ONE LIFE INTERNATIONAL (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ONE LIFE INTERNATIONAL (A company Ilmlted by guarantee) CONTENTS Page Reference and administrative details of the Company, its Trustees and advisers Trustees. report Independent examiner's report Statsment of flnancial activities Balance shoet Notss to the flnanclal statements 7-12
ONE LIFE INTERNATIONAL IA company limited by guarantee REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees Sophie Janet Mills, Trustee Fiona Bevington, Trustee Andrew Thornton Taylor, Trustee Nicholas David Bickerton Crowder, Trustee Company registered number 04278543 Charlty reglstered number 1091721 Registered office 43 Eastem Avenue Reading RG15RX Accountants Baldwin Scofield Accountsncy LLP Chartered Accountants 3 Newhouse Business Centre Old Crawley Road Horsham West Sussex RH12 4RU Page 1
ONE LIFE INTERNATIONAL (A company limited by guaranteel TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report together with the financial statements of the One Life 1nternats.onal for the 1 January 2024 to 31 Dember 2024. The Annual report serves the purposes of both a Trustees, report and a directors. report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current ststutory requirements, the requirements of the charitable company's goveming document and the provisions of the Statement of Recommended Practice {SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 {Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectlves and activities Pollcles and obJtIveS The charity's objectives are to help social pioneers tum dreams into reality, vision into mission, stimulating creative thinking around evolving concepts and projects. Sharing knowledge, experience, and networks, whilst building leadership capabilities in a culturally sensitive and sustainable way both in the UK and overseas, facilitating entrepreneurial action that builds and releases social capital and sustainability. The charity aims to relieve poverty, unemployment and social exclusion caused by age and infirmity, poverty or other social or economic circumstances. The charity aims to advance education and training particularly among unemployed and socially excluded people. To relieve unemployment, including assistance to find employment, to advance the Christian religion especially by (but not limited to) the provision of Christian advice and counselling and to provide opportunities for Christian churches to engage in social outreach. One Life intemational trustees and its associated enterprises decide what activities the charity should undertake and continue to consider their activities in line with their stated charitable objectives above. In setting objectives and planning for activities, the Trustees have given due consideration to general guidan published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a charity (PB2)'. To this end we seek to provide selective free and or concessionary ServIS (Counselling, Psychotherapy and Mentoring) to those who otherwise would not be able to a¢$$ such seNIs. Within the year 2024. this equated to 101 hours to 33 clients, representing in eXsS of 100/0 of the charities service generated income. Achievements and performance Financial review • Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existen for the foreseeable future. For this reason, they continue to adopt the going conrn basis in preparing the financial ststements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. • Reserves pollcy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to beeen three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Page 2
ONE LIFE INTERNATIONAL (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Structure, governance and management • Constltution One Life International is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association. Methods of appointment or election of Trustees The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the charitable company constitution.. Members. liability The Members of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of winding up. Statemont of Trustges, rosponsibilities The Trustees (who are also the directors of the Company for the purposes of company law) a responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and Unsted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial ststements for each financial . Under cornpany law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently; obseNe the methods and principles of the Charities SORP (FRS 102}. make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the Company will continue in busines5. The Trustees are re5pon5ible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 27 June 2025 and signed on their behalf by: Andrew Thornton Taylor Page 3
ONE LIFE INTERNATIONAL (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Independent examiner's report to the Trustees of One Life International I'the Company.) I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2024. Responsibilities and basis of report As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of-the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(51{b) of the 2011 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe- accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act" or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fail view which is not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordan with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no conrnS and have come across no other matters in connection with the eXaMin10n to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reach&J. This report is rnade solely to the Companls Trustees. as a body, in accordance with Part 4 of the Charities (Accouiilb ¢ll)d Rèyoi l*1) R¥gul¢iliviib 2008. My wuik kidb beeri uiidei Idkeii sv IlidL l iiiighl stale to the Company's Trustees those matters l am required to state to them in an Independent examinerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body. for my work or for this report. Signed.. Dated: 27 June 2025 Nicholas M Baldwin BA (Econ) FCA DChA Baldwin Scofield Accountancy LLP Page 4
ONE LIFE INTERNATIONAL IA company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds 2024 Total funds 2024 Tofal fvnds 2023 Note Income from: Charitable acts'vities 79,791 79.791 70,432 Total income 79,791 79,791 70,432 Expenditure on: Charitable activitie5 66,958 66,958 69,882 Totsl expenditure 66,958 66,958 69,882 Net movement in funds 12,833 12,833 550 Reconciliatlon of funds: Total funds brought foiward Net movement in funds 3,592 12,833 3,592 12,833 3,042 550 Total funds carried forward 16,425 16,425 3.592 The Statement of financial activities includes all gains and10&8es recognised in the year. The notes on pages 7 to 12 form part of these financial statements. Page 5
ONE LIFE INTERNATIONAL (A company limited by guarantee) REGISTERED NUMBER: 04278543 BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Note Current assets Cash at bank and in hand 17.27S 4, 342 17.275 4, 342 Current liabilities Creditors-. amounts falling due within one year (850) (750) Net current assets 16.425 3,592 Total net assets 16,425 3, 592 Charfty funds Restricted funds 10 10 Unrestricted funds 16,425 3, 592 Total funds 16,42S 3,592 The Company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtsin an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the quIrnents of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees on 27 June 2025 and signed on their behalf by: Nlcholas David Bickerton Crowder The notes on pages 7 to 12 fom part of these financial statements. Page 6
ONE LIFE INTERNATIONAL (A company limitod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General informatlon One Life International is a charitable company registered in England and Wales and registered with the Charity Commission in England and Wales 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 accordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. One Life International meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise ststed in the relevant accounting policy. 2.2 Income All income is recognised On the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. 2.3 Expenditure Expenditure is recogni5ed once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be reqUId in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity- The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single 8Ctivity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned befvrfeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the assefs use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturty of three months or less from the date of acquisition or opening of the deposit or similar account. Page 7
ONE LIFE INTERNATIONAL IA company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcies {continued) 2.5 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as adVand payments for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is fecognised in the Statement of financial activities as a finance cost. 2.6 Financial instruments The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exption of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.7 Pensions 2.8 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtheran of the general objectrves of the Company and which have not been designated for other purposes. Income from charitable activities Unrestricted funds 2024 Total funds 2024 Fee income Donations and gift aid 71,475 8,316 71,475 8.316 79,791 79,791 Page 8
ONE LIFE INTERNATIONAL (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from charitable actlviti88 (continued) Unrestricted funds 2023 Total funds 2023 Fee income Donations and gift aid 58, 752 11.680 58, 752 11.680 70,432 70,432 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2024 Total 2024 Direct costs of charitable activits.es 66,958 66,958 Unrestricted funds 2023 Total 2023 Direct costs of charitable activities 69, 882 69,882 Analysis of expenditure by activities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Direct costs of charitable activities 54,852 12.106 66,958 Page 9
ONE LIFE INTERNATIONAL (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysis of expenditure by activities {continued) Activities undertaken directly 2023 Support costs 2023 Total funds 2023 Direct costs of charitable activities 50, 503 19,379 69, 882 Analysis of direct costs Total funds 2024 Total funds 2023 staff costs 54,852 50, 503 Analysls of support C¢)8ts Total funds 2024 Total fvnds 2023 Travel and other expenses 12,106 19,379 Independent examiner's remuneration 2024 2023 Fees payable to the Company's independent examiner for the independent examinats'on of the Company's annual accounts 1,000 1.000 Staff costs 2024 2023 Wages and salaries Contribution to defined contribution pension schemes 50,376 4,476 50,503 54,852 50,503 Page 10
ONE LIFE INTERNATIONAL (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Staff costs {continued) The average number of persons employed by the Company during the year was as ft)Ilows: 2024 No. 2023 No. Employees No employee received remuneration amounting to more than £60,000 in either year. N D B Crowder, who is a trustee is the employee whose remuneration is set out above. Remuneration of hirn as the CEO is permitted under clause 4(g) of the Articles of Association of the charitable company. Travel and other expenses as set out in note 5 are paid to N D B Crowder for the purpose of him carrying out his duties as CEO of the charity. Creditors: Amounts falling due within one year 2024 2023 Accruals and deferred income 850 750 Financlal Instruments 2024 2023 Financial assets Financial assets measured at fair value through income and expenditure 17,275 4,342 Financial assets measured at fair valiip. thmiigh ineA)mp and expenditLire CMprIse bank balances. Page 11
ONE LIFE INTERNATIONAL (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 10. Statement of funds Statement of funds - Current year Balance at 31 December 2024 Balance at 1 January 2024 Income Expendlture Unrestricted funds General Funds - all funds 3,592 79,791 166,958) 16,425 11. Summary of funds Summary of funds - current year Balance at 31 D•cember 2024 Balance at 1 January 2024 Income Expenditure General funds 3,592 79,791 (66,958) 16,425 12. Pension Commitments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fijnd and amounted to £4,476 (2023 - £Nil). Page 12