ONE CAUSE LIMITED A Company Llmited by Guarantee Charity Registration No. 1123183 Company Registered in England No. 06407931 Report and Unaudited Financial Statements Year ended 30 June 2023 lilli 'ACZVBPD4• 2PJ0312024 COMPANIES HWSE
ONE CAUSE LIMITED AEFEREMCE AND ADMINISTPATNE DEr StatU5: Charity RegisrratioTh No.: 1123183 Comwy Lirnited by (rantee No.: (W7931 Charitys governing dC£LTht 15 krwandum and Artides of Sall0 dated 14 April 2C as amended 13 Lktober 2010. Reglstered ONk•: Wallingic Surrey Trustee5: Rishi Raja Aa5htsh gAhir Nathwwi Pritul Shah Kish Vas1 Rafj¢ Shah Kiran Secretary: Prftui Sh Intrndent ex4min¢r: 5hruti kni FCCA FC Shruti SMI Ltd charte Cerrified 117a Si Jthn's Hilt Sevenc4*s TN13 3JD
ONE CAUSE LIMITED Trustees. Report for the year ended 30 June 202J trusiees present their re aThJ the flnaKlal stataThnis for 30 Z023. Thls 15 a150 a Director5. Rewrt rewired ty 5417 of ihe Companies l£t I aThJ all tru5tses are direaor5. Thls Ttee5 Rekw)tr and as50ClOted FinarKiai Stawts have wepared In accordance with guidarKe lof preparlrvd Charlty AccoL¥)ts Rep)rts pres)ted In "tcountlrv4 aThl Rew)rtkng by Charities: Slatert of RecorM)ended Practlce" aTrl are therefo In accordance wlth Final Rewrting Standard arrf)iKable in the UK and Repthilt of IrelaThY leffectfve 1 January 20191- (Chariiies SORP FRS 1021 togeiher th The Convn5 kt Z(K)6 and the reouirements of the I•0TandM & Article5 of Associatkn. Oblectlve5 and Alms The oblertfve of ¢kn Cae Is ttre inwro%tnrt arwj of edatIon and training of thfjidn and adults ln particular but IKFt extlwsNdy try establtshi tsr working in coltsboratk)n with edal)nal irttu[lonS. Or 15 committed to raisinq awareness fuThJs for the prowstrJn of ed311)n and pr1rent of li¥t5 to ¢lw arothd the world that have little hope of being given the Op)rtlty to flourish. Ow aim 15 to provth a sociolly financialty envknThnentally self-5115tainin4 ¢Yx)del $0 that local communiiie5 a ernpmred eqwpped ro a ) thhanclng and SLt5tainabie future. Achlev•ments aThl Ptrfornwè Tk year ded JO June 2023 has been a great year ol fufvJratsinB efforts two LOnn Maratlx)n events. our major fundraisiw event heid oCtor 2022 April 2023. In total, rnoThaged to rni £79.9Z7 up 39% from last year and %% thank (r thJTh)r5 for tllr Cwlirod swwrt a1 £ontritXrtY. Fln•Thd41 A•eW Durfng the year Ihe (haritys total wa5 E79,9Z7 IZOZ2: E57,668I. Totsl experKliiute duflng year ated to £46,979 12021.. [86.5701. Tl t star ¥rn5 U2,948 Irt eXprtLe 1022.. £18.9021. eserves Policy The tharity needs to ha%t reserye5 10 erwbie It io rrd its charirabie obiigatillns sh)dd the be an e¥Cted dOnatIc s)rtfalL. extsterKe of unrestricted reserves offer5 tharity fiexibility to pian and fund rnalor projKt5 wlthin its current programmes In Intha ath1 Usa. The tteeS have agreed Ihat the charity 11 have reserves equi¥aleni to twelve montks of incorne (based on the ar ended 30 thJr 2023 iKome 01 £79,927), which wlll be vieWed annuaity to ensure that sufficient furts are available to meet the chanws obligat. Tr [eXTsolnq fuThJ5 are Ser asldè for operaiional and progranvne inve5twit. As at JO kn 2023 toiai gewai re5ers ¥re £166.311 whKh is well above thts level. Slructwe, Governare and Mana4ement The charity is constltuted as a company Lkniied by sywantee aTrl is therfore ¥Thrned by Its M2rnoralLTr Its articles of ass¢rlation. Tr trustees a requiar bas to rnake dects%Jrs 710T work of the thadty. The board of trustees 15 aLrthorfsed to app)t tritstees to fill vKarKie5 an5ini throwh ignati) or ¢ath of an exi5tin8 trustee. St4tement on Publle Benefit In 5hapiry our oblecti¥s for year plannlng actfvtts. tnt5tee5 confirm that have refeTrEd to the gLridarKe contalned In the Chanty Commiss.5 al guile pubiK lfIl arhj have complied wlth sectlon 4 of the Charities Act 2011
ONE CAUSE LIMITED Trustees. Report for the year ended 30 June 2023 Statet off Triistees. RespOnbIlItIS The trle¢S are reS[rf)ib1e for pphrin9 Tr. Aru¥01 Rekxjrt arKI fmorKial 5[atentS in accordance wlth appllcable law an¢J United Kin4d(hm •£countlng Standards Iunited KIFWM GraLlY Accepted ACCO178 PractKel. Company law require5 the tW5tees tts prepare linarrial StatlS for each financlal yÈar glvè a true and ftsir of the state ol affalrs ol the charitable company ond of the inccffiing re50urce5 and aFplKation of re50urce5. Inc11)ng the irome and ex¢d1ture of the charitotrle for thot rer¥>d. In preporyq ¢tr finorcjal Statent5, rhe tru5iee5 are requlred lo.. al Se1 sultable aCCLIng p)1les aTrJ aFyty ilyn bl obserwe the meth>ts aThl prir(iple5 in the Charftie5 SQRP. cl make jgrt$ and att(xw)tkng Èst¢mates that are reasonable and wnI. dl state %thether awkabie UK accMtllV4 5taThJard5 ha teen foilrhyed, to any material departure5 dlsd05ed and Èxplained in the flnancwl staierreni5,' el yepare the finarKial sratemeThts OTh the 4DWty conceFn basis Lmiess it TS inawrowiate to We$ne that thE charitsbie coryany will Conlin in op¢ration. The Trustee5 are rw4#M5ibie lor leepiry proper XCOLrtiry recorts ihat ate to 51¥)w aTr1 expiakn the Char¢ty5 transactions and disc105e th rea50naiae aCtary at any thÈ fiaral posrtlon of ChaAty and enèbLe them to ensure that fina ial slatents comply th the Charitres kt 2011. Chanty IACCI)Lmts and Reportsl Reillatiors 28 and the provi5iElThS of the trust deed. TW are also rewrfibie for safeguarding a55ets ol the Charlty here for tsklng reasonable steps for kveventfon and deieaion of frafj oiher ITlIaliES. Thls repjrt ha5 been prered accordèrKe Statwnt of Re(njed Prxtte. '•<cowtI and RepJrtlng by Chariiie5 ISORP FRS 1021, accotdaKe wlth tl ¥cW wovtsbns of Sect 4190) of tl Conyns Act I)6 relating to small entltles The rrt W05 tl* tnrtees a 20th March 2024 J siytd on tlYir trehalf by.. Trustee Name.. Kiran Shah
Independent Exarnlner's Report to the Trustees of One Cause Limlted I report w the financial st3m¥[S of the (harity for the year er¥Jed 30 Jure 20Z3 as set tyjt pages S to 13. Rèspons7bilftie5 and basls of report As the charity'5 tru5tee5 are resr¥knibie for prew4th of &crAmts in with the rÉUIreMents of Charities kt 20111'the kt'i. I reF4Xt in respecr of my eXlall& of charity's carrted crtrt der Sect1 145 of tIE Act and catrwnq out my exarninatkn I have foilrh4Ed all the apF4irAble Direction5 given by the Charity c(Knmi5$iL er section 14515llbl of the Att. Independent examiner'5 St4tement I have tompleted my examination. I Ce11M) that no rnaterial matte[5 haN cL¥nÈ to my attention in (neCtIon with the examination givin4 rne cale to believe that in w material resPt.. accounting re¢dS were (K)t kept in resrert of the chwity as fewlTed bysectfjcffj 130 of the kt.. the accounts do ftot accord those records.. or the atCOLmts Lkn ClY ith the applicable reqLrireMts c¢wrning the form and ttffjtent of accoLmts set ¢xJt in the Charities (Acctymts RepNtsI RryLlatiLS 2(1)B other than any reaTerneThI that tl accwnts il¥e a'true d fair view. %thich is not a matter cmsidered as part of an Indepeent eX)natIOn tf acc¢yJnts have not been prepared in the nEththJ5 and prindples of the Staternent of RecwmerKled Practice for accrxjntrng and repwJng by charities applicame to chariiies prepanng their accounts in accordance with the FlnarKial Reporring Standard applicable in the UK and of Ireland IFRS 1021. I haye no CthKern5 and have come rnatws in With eXin?11M to which attention should be 4Jrawn in th6 rewt in uder to enable a prw erStaJ1S of cojnts to be reacw. Shrutl 5onl FCCA FCiE Shruti kni Ltd • CharLered Cwtified A<cwrtlwts 117a St. Jthn's Hill, 5evenoÈks Th13 3PE D&e: 20 March 2024
ONE CAUSE LWIITED atement ol fin•ndal acifwltles lirKorfwating an aNJ exwhdlture accwntl For the ye•r ded JO June 2023 Unrestricted ResttKied Total UThrestricted Re5trfcted Total Inci¥ne fri. Donation5 lelaoes Other trading activitie5 Inve5trnenlS- Bank interest 69.763 6.333 76.096 1,040 1.791 43.(1)9 8.850 633 5.176 48,185 6,850 633 Total incom n.594 6.333 79.917 52.492 5.176 57.668 Eyp¢ntisiure on: Raisi funds Charitable acbwties vancem•)t, iNyro¥ement & provi5irffi of edall0Th & 7,907 7.907 9,433 9,433 32.739 6.333 39.072 58.321 18.816 77.137 Total expenditwe 6.333 4fj.979 67.754 18.816 86,570 Net Incoff I lexpendlturg) fty the year 31,948 (15.2621 113.6401 128.9021 Tran51ers between Nei movement in lun¢ts 32.948 32.948 115.Z621 113,6401 128.9021 Recondllatkn of funtts: Total funds broh£ fotwafd 133.363 133.363 148,625 13,640 162,Z65 Total lund5 (arrfed forward 10 166,311 166,311 133,363 133.363 OAI of the rVLts are d2rid fmm crrfthvJir4 aC[rties. Tlwe We w5ed gairts orlosses ottr than those 5tstÉd above. Y¢Ments In are thscio5ed in ixe 10 to fvwKiol sr•temtr*s.
ONE CAUSE LIMITED Company M. c7931 Bai3rKe sheet As at 30 June 2023 2023 2022 Note Current assets: Debtors Cash at bank and In hand 741 133,822 165.863 167.511 134.563 Llabilitles: Credit. arrouTrts falling wSthin orE year 1.21x1 Net current a55ets l (liabllttlesl 160.311 133.363 Total assets less ¢urrent Ilabllftles 166.311 133,363 Total net assets I lliabilitie51 166,311 133.363 The fund5 of the charlty: Restricted income funds Unrestricted fUTh. Genernl fwid5 10 166.311 133,363 Total unrestricted funds 166.311 133,363 Total Crity funds 166.311 133.363 For Ihe year ertding 30 ne 2023. Company WBS entitled to exemptitsn from auth"t unts section 477 of the Cornpanie5 Act I(6 relatinq to sm?11 companie5. Trnstees. Respon51bllltles: ' The members have required the conwny to obtain an audit of its fi"naal StatentS for the year in ¢westlon in accordènce with section 476 ' The iru5tee5 acknoedge their resFL)nsibil1ty for compiwng with the requirements of the kt wlh respect to accounting records and the preparatfjon of flnancial sle[Dents. The financial statements, which have ten prepared in accordance with 5peci)I prgvisTons relatlng to the Small tompanies regime within Part 15 of the Companies £t 2Cth and in accordance with Financial RertIng Standard pplicable tl UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. TeSe financial statements approd bythe toard on _ 20th March 2024 .and sigr*d ty its behalf by.. Trustee Narne Kirdn Shah
ONE CAUSE LIMITED Notes to the financial ststemeThts For the ended 30 June 2023 1 Accountin8 policie5 a) Basls Df preparation The finantial stateWts have been prepared iA acc¢xdarLce with Accwnting and Reportiny by Charitie5.' StatemeTht of Retommended Practice applicable to tharities preparing their accrAJnts in accordarKe with the Finandal Reporting Standard applicable in the UK JK1 Repl11£ ol IreL IFRS 1021 leffective l jU&ry 20191- {chatIeS SORP FRS 1021. the Final Reporting stalar applicable in ihe UK anLI RepLi)lic of Iland (FR$ 1021 and the Companie5 Act 2. One Ce Limited Is a compw limiied by grantee with r4tstrafjM numbw CW07931 ¥md registered with Charity Cc¥nmission vrith r¢istration rtLrnber 1123183. Its registered offKè athlress is 50 San¢ty Lane 5thJth. WallingtoTh. ryey SA16 9RQ. a resented in GBP r¢xHwJed to £1. Assets and liabilities are initiJily recc80i5ed at hist(Kal cost w v•sactiM value UAless ¢xl srated irb the relevant accowting policy or rK)ie. The finanoal stèmenrs have bew) prepared th give a'tr aThJ fairf VI1 and have departed from the Charities CTrts and RetKJrtsl Regulaiicns 2(Th only to the exient reqlrired io pmvide a'true aThJ fair eI. The departure ha5 involve¢J follwng the £TrI14 and Reporting by Charitie5: Ststeynent of Reccrfnrynded Practice applicable to tharitie5 preparing their Ct$ in xcOrdae with the Finala1 RertIng StaTrJard applicable in the UK Republic of Ireland IFRS 1021 IS5 cffi 16 July 2014 rnther than the AccwrstiThg Reporting by Charities: ststement of RecOmned Pwice elfective frorn l 4>ril ZL))5 7thith has Sir been withdra. b} Pubhc benefit entFty The chariiable crmpany the ¢Jefinitiw of a wblK benefit entity uth FRS 102. cl rn4 concern trustees conyder thèi there a marial Lwrtainties abwl the charitable (panIS abllity to Contin as a goi08 concern. Key judgements (excluding those inviowng e5timatesl that the tharitable ccthpany has made have a 5i¥nificant effect on the Cnts IlLe tlepreciation rate5 for taniible Fed Assets. The trustees do not coThsider that there are ary 5cwces of e5timatirffi uncertainty at the reporting date that have a slqnificant risk of causing a material adjv5tmeni to the Carry1r arrKwnts of assets and liabilities within the Thext reporting Peri1. Income ts recognised the charity has enD"ttent io the •Jy perfNM1 ¢d5tM$ attached to the income have been 1. it is proboNe ur the incw 11 be received and that the amwnt be measuo reliably. Income Irom qovernmeni other grants, Theiher'wral' grants or'revenL' 8rants, Is recoqnfjsed when the charity has entiiiement to the fun(ts, perforMae ccffjditions attacw grants have been nEt, il 15 probable that the incrne will te 1ve and the amjnt be measurtd liablY is not ltsferd. recelved In advance of prrNisKm of a ¥fIed seThice is t*ferred until the criteria for irThr el knterest recelvabie knterest cn fLmd5 held tn depctht 15 Irl vthen recelvable aThJ amrAmt can be measured reliably by t charTty.' thi5 15 nrnnally noiificaticn of intere5l paid ptyable ty the bank.
ONE CAUSE LIMITED Motes tg the fln•nciol st4tements Fwthe r ended 30 fte 2023 1 AccovThting pdkles (condnue fl Fund accountlnq Restricted fund5 arè io be 5ptrifk purp05e5 a5 iahj thvn by Lk¥wx. Exp)dltu which meets these ulteria 15 charged ro the fund. UDre5trKted funds are thnati$ other Thg restyxces recelved gewated tharitable purpose5. Designared I15 are wrestrKW fwd5 enked for partialar PWF4)se5. Expenthture Expenditure 15 reccv4nised ce tlte is a leyl w crbtnxtNe obligatiM w Make a payment to a third party. it is probable that seltleTrwt will required ar41 amtsJnt of the cijligatits) can be aSure0 reliably. Expenditure is dassified under Idloni &tity heJrrn: Costs of raisin8 funts relate to costs incurred by the charirable CrpY in INdty third parties to make voluntary contriltI$ to it. as ell as the c05t of ary a£tivitie5 Wth a fLmdraisiAg purF4)5e Expendituie tharitabie XtItieS includes the costs of perfcrmance5 choral singlni èctivties undertaken to further the purrKsses of charity and their a55wiated Costs Other exFenditure represents 1m$ not failTng into orher h) AllrKatlon of suppwt cos Resources expended are all to the pariicular aciiwty vthere the cost relate5 direcuy to thai activity. However. 5UPWrt Costs, being cost ol o¥erall direciion and alminlsiratiw of e¥h tiVity. ccmprising the overhead Costs of Ihe central furKticffi. is app¥tioned basis of esDmaied tirr and rwice5 atiributabie to eath aciiwty. AdVaeMeI, irryJrtsvemEnt & Ffftision of edall & rraining l(IlX 11 Debtors Trade and rfher debtry5 are recwntsed ai the settlvYnt ¥nwit after any ttade di$(t offered. ppayts are vald at the ammi prepak1 of w tr di5cwnts dL. j) c at bonk and In hand Cash at bank and cash in W1 IlL¥le5 cash arKf Short ierm highly liqu5d InvestrrEnts wfith a short maturity of three rnonths or le55 frcffl the date of wrfsition or wing of tt thp05i¢ simllar &count. Cash tièlances excl any fw115 held on behalf of seryice users. kl Creditors and provisions credit and provTr5?s are recwised the (tiarity has a present (knligaiifm resultlng frLxm a past event thai 11 prtthbly rewlt in t[SIer of fund5 to a third party and the Settle the cbli4olion can be rneasured or esiunèted 171>1y. Credit1¥5 provisKffiS are rllY reco8nised at theii 5etllement atrwThl after alloin8 for any tr disc(Mmts kn. The charity only has linarval asset5 artd finarKial liabilities of a kind that qualify a5 ba5?c fillanciJl Instrurr*nts. Basic fir$arla1 instrurrwits are initially recognised at value subsequefitly rrea5ured at their settlement Val the exceplion of barlk loans which are sthsequently measured al amorlised c05t U51118 the effective interesi methtyj.
ONE CAUSE LIMITED Notes to thtr fin4nd•l st•temeTrts F the r ended JO 1023 1 AEcountlThi pollcles Icontlnue 11 Tax The charfiy Is exerryi charity th1Th meaniny of sthedule 3 of Charities 2011 is consldered to pos the tesrs set wt in Paragrw 1 khedule 6 Fin kt 2010 and thertfort it meets definition of a charitable company for UK ccffjporatJn tax wrpDses. 2 from aknatlons legades 2023 Total 2022 Total u[estrICted Restticted C)naiiL Donation f¢y 5pwsor a stent Gift Aid 55,Bn 55.972 6.055 14,169 39.534 6.055 278 13.891 3,842 69.763 6.333 76,096 4B,185 3 Income from other trwlln8 artivitses zozj Total {htritted Restricted Total InCoW fr¢ FLKKlrai5ini Events 2.040 8.850 2.040 8,850
ONE CAUSE LIMITED Notes to the flrwKial st•tem•nts r ¢ndpd JO June 2023 4 An•ty$15 of expendbture Chwitable actity improVent & provision of ed1Kati( & traiThirv4 pport cost5 Cost of raiyng fur#Js 2023 Tot41 Donatk)n to Nirvwa TnAt Ilrlial Datl io IAJro FodatI lug3> Sponsor è St[Klt DCffiatl to Nirvana Trust Ilndial ¥sor a Stt Dat to Foundation lugw) Fundraising Events Acccwtancy & Indeent examination Bank charges & Jt Giwng Fees 18.890 18.890 18.150 18.150 6,581 6,588 1,4Qfj 1.945 1.319 626 7.9J7 37.orfl 2.032 1,032 (2.0321 46,979 9JppoTt costs expendlwr* Z023 7.907 39.072 46.979 Donations to Auro FndarIC £18.890 in 2023 were f¢x purchase of elec¢ric)I tLxAs eqwpment in der ro significantly enharKe the delivery of the brk13.g arhj carpL¥bW cwrse. Of the eX(tUre thring year £6.333 was trIcted{lO?2.. E18.8161. 10
ONE CAUSE UMITED Ilotes to finaAdal ststements For the r ended 30 June 2023 Anatysls of expend6tsxe (Contknued) chilable improvemenr & provisim of edLKaticfi & training gJpp¢yt Costs Cost of raising fw*J5 2022 Total Donatim to Nirvana Trtst Ilndiai DonaiioTh to Ir0 Fwndalicffi lu9dI? Sponsor a Sludeni D(mtiui to Nir¥ana TTUSt Ilndial 5tK)nsor a student DonatiLYS to Auro Fwndatiffi lu8d3) Fundralsing Events Accounrancy & Irthpendwt examination Bank charges & knt Givwty Fee5 105 9.135 9.135 36.300 30.000 8,639 8.839 1.174 1.174 1.017 594 9.433 1.597 11,5971 86.570 Support Costs 1.597 Toral expenditure 2022 9.433 77.137 86,570 Dry)aiior%s to Nirvana Trust were for purchase of Tabts for schorAs in India. Dw3tlon5 tD Auro Foundatirn £9.134were fcf cari departrrthi Ph&se of esseniial iearniry equipment. 11
ONE CAUSE LIMITED Far the ear tndEd 30 June 2023 Related rtY tran5KtSons The chanty received sjtymts of £356 12022: 3561 fr( thvee trlee$ to wiy)r a stthi aThd £300 12022.. nlll frorn two ttee5 a5 voI(ntary thnations. The chty trLStees were Th)i paid ( CeiVed Y other benefits frun employment wth the charity in the year12022.. fiill. No charfjty trustee received payTrent fLY professio)al L¥ Other ser¥Kes supplied to the No trustees wtre reirnbued any tral or other expertses irKwred velatfi(ffj to their duties as trwtees 1202Z- nlEI T•x4ti The charitable company is exempt Ir(n cworatK¥) as all its is Ch¥ilIe 15 aFvlied for charitsbl¢ purposes. 7 Debttys 20Z3 2022 0r debrors 1.648 741 1.648 741 Cr*dltor5: aThunts f•lllrva wlthln ye•r 2023 2022 Attruals 1.200 1.200 1.2tKI Analysls d net a¥tts between fund5 General unrestricted De5igThated Restricted Tot41 fund5 Net current assets 166.311 166.311 Net 055ets as at 30 June 2023 166,311 166.311 General unrestricted Designated Restricted Total funds Net curreTht assets 133.363 133,J63 Net assets as at 30 ju 2012 133,)63 133.163 12
ONE CAUSE LIMITED Note5 to the flnandal statements F¥ the r erthd 30 Jjne 2023 10 Aknments In funds At l JULY res(wces & reswrce5 & 1055e5 Transler5 At 30 June 20ZJ Restricted fund5: Sporw & Sludeni Gifi aKI on SpOr a StLJent 6.055 278 16,0551 781 Total restrScted furb& 6.333 {6.J331 Lknrestricted fund5". Ge[al funth 133.363 n.594 I,646) 166.311 Total fund5 133,363 79,917 146.9791 166,311 10 Ilvements In fund5 Icontlnuedl Inctymin8 tI01Th1 At t July re50wce5 & re5wrce5 2021 8airts & 1055e5 At 30 June 2022 TraThsfer5 Restricted funds.. 5porbsor a Student Gift aid on SpSOr a StLlent Total restrlrted fund5 11,942 1.698 13.640 116,7511 12,0651 118.8161 367 5,176 Unrestrlcted funds: General lurK15 14.625 52.492 167.7541 133.363 Tot•1 fun4 162,265 57.668 186,5701 133.363 Purp05e5 of re5tr1rted lurK15 Restricred ¢)natiS are used 10 Stents in Uganda ar¥J kndla for educati. 11 L•84l status of the charlty The charfjty Is a tomw limited by guavafte afvj has no Sh capital. 13