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2023-03-31-accounts

Registered Charity No. 1130253 Registered Company No. 6823436

ONE COMMUNITY DEVELOPMENT TRUST (A company limited by guarantee)

REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

ONE COMMUNITY DEVELOPMENT TRUST

CONTENTS OF THE REPORT AND ACCOUNTS

Page Number
Legal and Administrative Information 1
Trustees’ Report 2-19
Statement of Trustees’ Responsibilities 21
Independent Examiner’s Report 22
Statement of Financial Activities 23
Balance Sheet 24
Notes to the Financial Statements 25-32

ONE COMMUNITY DEVELOPMENT TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

Charity Number:
England and Wales 1130253
Company Number: 6823436
Registered and Principal Office: One Community Shop
134 Dock Road
Tilbury
Essex
RM18 7BJ
Telephone: 01375 768 233
Email: info@onecommunity.org.uk
Internet: www.onecommunity.org.uk
Trustees: Ms Samantha Day - Resigned 22/09/2022
Mr Aderemi Shodipe
Mr Samson Odubanjo
Mrs Bisola Yoozooph
Ms Marcia-Fay Johnson
Mr Timothy Harrold
Ms Lela Campbell - Re-appointed 22/09/2022
Dr Michael Ojo - Appointed 22/09/2022
Bankers: The Co-operative Bank plc
PO Box 101
1 Balloon Street
Manchester
M60 4EP
Santander plc
PO Box 1109
Bradford
BD1 5ZJ
Independent Examiner: Maroof Adeoye
Community Benefit Action CIC,
Maroof Suite, ACTS House,30 Union Road,
Croydon, CR0 2XU

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ONE COMMUNITY DEVELOPMENT TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The trustees are pleased to present their annual trustees’ report together with the unaudited financial statements of the charity for the year ended 31 March 2023 which are also prepared to meet the requirements for a trustees’ report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015).

OBJECTS, AIMS, OBJECTIVES AND ACTIVITIES

We review our aims, objectives and activities each year. This report looks at our objectives and activities and what we achieved from the outcomes of our work in the 12 months under review.

Our Vision is a healthy, sustainable and prosperous community for all.

Our Mission : To inspire and support local people to work actively together to make their community a place they are proud to live and work during their lifetime .

Our Values : Partnership - We work together with our community Empower - We help build confidence to be able to support one another Respect - We show value by listening to one another without judgement Integrity - We do what we say we will do Openness - We encourage sincerity and honesty when dealing with one another Dignity - We are honourable towards each other

The charitable objects of the charity as set out in the Memorandum of Association are:

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In practice, it aims to do this through the achievement of four strategic aims:

PUBLIC BENEFIT

In shaping our objectives for the year, the trustees have considered the charity commission’s guidance on public benefit. Tilbury is a town of significant historical and strategic importance. It has the largest Amazon Fulfilment Centre in Europe built in 2017. It has the Port of Tilbury, and a Cruise Terminal that is the Gateway to Europe and the rest of the World. It is also well documented that Queen Elizabeth 1 made a speech in 1588 to encourage the Troops to defend the kingdom of England against the expected invasion by the Spanish Armada. It is noted in her transcript that she said I know I have the body but of a weak and feeble woman; but I have the heart and stomach of a king, and of a king of England too. It is the place where the Empire Windrush docked in 1948 bringing in 1027 people to help rebuild the British Economy after the 2[nd] world war.

Our primary focus is on Tilbury, where One Community is centrally located in the heart of Tilbury on Dock Road. Over 60% of the town's neighbourhoods rank among the 20% most deprived in England (Indices of Multiple Deprivation 2019). One Community is dedicated to addressing these inequalities, especially as Tilbury is identified as one of the economic growth hubs expected to emerge by 2030.

Tilbury has an estimated population of 14,750 with 30% of its population being under the age of 25 years. Thurrock as a local authority has an estimated population of 179,000 with a larger proportion of children and young people aged 0-19 years, than the East of England region and England (28% compared to 23% and 24% respectively). The population of those aged 0-19 is projected to continue to rise over the next few years. It is worth noting that 30% of school age children in Thurrock are from a minority ethnic background. https://www.thurrock.gov.uk/thurrock-facts-and-statistics/children-and-young-people

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Public Benefit (continued)

Tilbury has 17% of people from ethnic minority backgrounds, one of the highest concentrations in Thurrock with the largest group identifying as black Africans. The combination of a young, and ethnically diverse population makes Tilbury good ground for excellent outcomes in the future if the right investment is made in the local people and the area. There are more employment opportunities than there are applicants to take on the jobs due to shortage of the skills local employers are looking for, and health inequalities and challenges. One Community is therefore well placed to retaining itself as a community anchor organisation in order to support the aspirations of local residents to make Tilbury a place they are proud to live and work. https://www.thurrock.gov.uk/thurrock-facts-and-statistics/population

Tilbury was successful with the Towns Fund bid of £22.8 Million in 2022 as part of the National Government’s levelling up agenda; promising a package of development towards its economic growth prospects with the focus on improved transport, broadband connectivity, skills and culture.

During October 2022, One Community successfully received 5 years funding from Reaching Communities from the National Lottery Community Fund to assist with our strategic plan of Building the New Different to enable us to support ourselves as an organisation, and, be able to prepare the residents for what is coming into the area. We advertised and recruited one of the National lottery Community funded roles to suppose one of our three Ds – Going Digital. We attended the charity digital conference and introduced a card payment option for all our financial transactions. We forged new relationships with Plane Saver Credit Union, South Essex Citizens Advice, and the Barking and Dagenham Job Shop. We hope some of these relationships will convert to new partnerships and funding opportunities to support projects that will combat digital and financial exclusion in Tilbury. We have found that these are some of the more pressing challenges that is stopping some residents from being able to take advantage of the many employment opportunities in the area. We also started a new Project with UK shared Prosperity Funding called RISE to continue supporting clients when the Europeans Structural Investment Funding when Tilbury Opportunities (TOPPs) Project came to an end. The Release Initiative Skills Energy (RISE) Project started in April 2023.

In the reporting period from April 2022 to March 2023, we saw many more local residents coming back to face-to-face visits to our One Community Shopfront centre. During this period, we had 2,784 compared to 2,294 from previous year. This is an increase of 490 people from our local community. From this number, 220 were first time enquirers/visitors; again, 70 more than the 150 when compared to last year. This is indicative of the support needs of the area, in addition to the online and telephone support we give to those who cannot access our centre. The graphs on subsequent pages show the breakdown of the information given to us by the 220 first time enquirers/visitors who were able to physically access our services. This is generally a reflection of the types of people who use our services year, on year as this type of data is collected at least once from everyone who visits our Community Shop for the first time.

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From where are the people coming to access our services?

----- Start of picture text -----
1%
2% 1% Tilbury
1% 2%
1% 3% [1%] Stanford le Hope
1% [2%]
Pitsea
South Ockendon
Aveley
Tilbury, 85%
Chadwell St Mary
East Tilbury
Grays
Chelmsford
Gravesend
London
----- End of picture text -----

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----- Start of picture text -----
Gender
Male
38%
Female
62%
----- End of picture text -----

We had 136 identifying as females compared to 84 male during this reporting period

----- Start of picture text -----
Sexual Orientation
Bisexual
2%
Did Not Say Gay/Lesbian
16% 1%
Heterosexual
81%
----- End of picture text -----

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----- Start of picture text -----
Age Range
Did Not Say 20
75+ 4
70-74 6
65-69 10
60-64 17
55-59 12
50-54 16
45-49 16
40-44 20
35-39 32
30-34 25
25-29 19
18-24 17
15-17 6
----- End of picture text -----

15-17yrs (3% came for work experience); 18-49 (58% seeking work); 50-75+ (30% returners to work)

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REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

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----- Start of picture text -----
Ethnicity
Slovakian 1
Pakistani 1
Any other 7
Kyrgyz 2
Lithuanian 1
Czech 2
Romanian 7
Ukrainian 6
Polish 2
Iraqi 1
Afganistan 3
Indian 5
English 58
Caribbean 5
Bangladeshi 3
Albanian 2
African 114
----- End of picture text -----

Ethnic Origin of those who came to see us for the first time: African and Caribbean make up the largest group at 54%, then English at 26%, Eastern Europeans make up 10%, Asians 6% and all other groups at 6%

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How did you hear about us?

----- Start of picture text -----
Word of mouth 40
School 8
Passing by 48
Job Centre 2
Internet 2
Friend 88
Another organisation 32
----- End of picture text -----

As you can see from the statistics above, 78% hear about One Community by recommendation (friends, other organisations, word of mouth, school, job centre) whilst 22% from passing by – we now have a swinger pavement sign and a new shopfront signage above our shop windows which makes the shop look more inviting. We have over the years built up a database with over 3,000 people in our communities in the local area through the many bespoke initiatives that we run. We use our social media platforms that have over 550 followers to promote our different projects. We also put information on our shopfront window, sent emails, WhatsApp and Texts to reach people who would not otherwise be on social media.

----- Start of picture text -----
Mental ill or
Registered Health Condition
physical disability
Did Not Say 10%
10%
Not registered
with mental
health or
disability
----- End of picture text -----

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----- Start of picture text -----
Reasons people are comning to access our
services for the first time - Apr 2022 to Mar 2023
75
26
15 15 15
11 10 10
6 6 7 6 6 6
3 3
----- End of picture text -----

From the statistics above almost 50% of our work this reporting period is based on skills development towards employment related issues (CV/job search etc, volunteering, ESOL, IT skills and do relevant courses) to improve their job readiness. Housing i s the second biggest need with 12% and, then support with cost of living and fuel crises (Little Thing That Mean A lot , UC/Benefit, Warm Space, Health, Food Voucher) make up another 12%. Community Trips, Money Matters and partnership opportunities also featured quite significantly.

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Public Benefit (continued)

We worked with 10 volunteers on our various projects which included the VIP Project, peer support mentors on the Warm Space, Work Club, and Little Things That Mean A lot Projects. Volunteers’ total hours were 597 hours for the year. Calculating the cost of a volunteer’s time by the minimum living wage for 23 years old and above (10.42), plus the associated cost of insurance, volunteer expenses, and supervision (£10.50), this can be estimated just over £20 per hour. This is an added value, and a savings of £12,489 for One Community. Also 9 of those volunteers were not in employment or training when they started volunteering with One Community. By the end of this reporting period, 2 moved from volunteering into paid employment, 2 into accredited training courses, 6 continued volunteering in different capacities - 4 volunteered as and when required; and, 2 volunteered on a regular basis to suit their personal aspirations, or to give back to their community.

During the course of the year, we conducted Trustee Essential, Media, Safeguarding Vulnerable Adults and Children – Level 2, Health and Safety – Level 3, and First Aid at work – Level 3 to support our staff, volunteers and clients to sharpen their skills, and ensure they are job-ready if an opportunity to work become available. We collaborated with many organisations including Weekly ESOL classes as part of our Tilbury Opportunities Project (TOPPs) with the support of the Thurrock Adult Community College (TACC). We operated a Warm Space to support our community to combat the cost of living and fuel energy crises during the winter months from November 2022. We worked with 2 Kick-start young people.

We continued to offer Level 2 courses from Skills Network Ltd where people can choose online course such as counselling skills, mental health and many more. We make ourselves available via telephone, WhatsApp, texts and through Facebook to ensure nobody misses out reaching us if they are not yet confident with IT or technology.

We facilitated local people gaining access to the creative Arts in Thurock. This included working in partnership with Templesprings, Kinetika, Evewright Foundation and Creative People and Places to create volunteering opportunities for residents to take part in major events such as music concerts, Queens Platinum Jubilee Celebrations, Tilbury Carnival and the Tilbury Walkway of Memories. One Community is represented on all the major influencing constituted boards in Tilbury that is working towards making social and economic change in the area. These include: Tilbury Towns Fund Board; Tilbury Community Locally-Led Development and business grant sub-group programme; Thurrock Economic Development & Skills Partnership; Tilbury Community Forum, and Tilbury Resident Group. Our Board members and VIP volunteers also represent us Thurrock wide by being members of various groups and forums such as T100, Thurrock Inter-Faith Forum, Start Thurrock, Thurrock CVS Networking and Let’s Talk Events and many more. We distributed 30 Christmas Hampers to low income Families in partnership with Templesprings, Thurrock Foodbank and Christ Gospel Church, and work very closely with the Thurrock local area coordinators in Tilbury and Chadwell-St-Mary in particular to support our clients.

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Projects we offered to help develop the capacity and skills of local residents are:

Projects to promote community wellbeing

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Public Benefit (continued)

To create a sustainable community anchor organisation - Income generating activity

ACHIEVEMENTS AND PERFORMANCE

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Achievements and performance (continued)

The strong ethos and values of the organisation underpins our work as we continue to support the most marginalised residents in the community. We also continue to make an impact on newer communities as we are often their first point of contact for support in integrating into the local area. This year we have supported many new residents from west Africa on a healthcare work visas looking for work in the care sector.

Testimonials from our Beneficiaries

Tilbury Opportunities’ Project (TOPPs )

I am a 46-year-old woman and long term unemployed. My husband told me about One Community, so in July 2022, we came to register for support to find a job. As someone who has been unemployed for a very long time, I was rusty on so many things i.e. completing application form, IT, and interview preparation. To prepare myself for any job, I started coming in to the One Community Shop on Mondays for support to learn the basics of IT and also to seek help to do a CV. I had previously cared for my sick father until his death so it felt natural to apply for care jobs to apply the skills gained into a paid role. With this passion, Bernice assisted me to complete a few application forms online. Thankfully, I was invited to come for an interview. Again, Bernice helped me to prepare for the interview and I was offered the job as a Care Assistant at the Bluebell Nursing Home. A month of coming to register for help at One Community, I was offered a fulltime contract on 20[th] August 2022. I want to say thank you for your help, encouragement and support to believe in myself. Thank you .

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Achievements and performance (continued)

Little Things That Mean A lot

Oh, thank you very much, all of you in here, in the One Community shop. I am very happy with your service since I stepped in, the way you look after me and you help me and everything for me is moving smoothly in my life. Everything, my health, because since I came to the United Kingdom, I never go to any community to ask for help. I came as a French off my paper. They give me house in Lambeth. From the house, I started working in the NHS. I became a nurse, earning my money, I didn't need any help from nobody. But when I fell sick, when I reached Tilbury, I fell sick in 2021 and I stepped in One Community in 2022. I feel really welcome. The way you people welcomed me, you helped my problem, you listened to me and you are resolving my problem one by one, one by one, one by one. And I'm happy. And I thank you, I always forget. Thank you. I’m a French person, but they didn't teach me to say thank you. Merci, Merci.

Housing Support

Hello, my name is Eki. I'm here in One Community to thank the whole team for the help they rendered to me. They were of great help when I applied for council house, so they helped me to write a letter to accelerate my application. That one has come through. I now have a two-bedroom house that has been approved for me. Even on my daughter's DLA when I appealed, they wrote a letter as well and that one came through. Even to my council tax reduction, they were of great help and everything went through so I'm now here to say thank you to the team, especially Bernice. Really, really helped me, she was with me all the time, all throughout. I'm really, really grateful to each and every one of you. Thank you

Volunteer Investment Programme (VIP)

I've completed the feedback sections of my VIP folder. It's been a pleasure working at One Community! I've enjoyed serving the many clients that have come through the shop, applying my skills where I have been able to as well as working with great colleagues. I appreciate all the guidance each of you have been able to give me during my time here. Also thank you for the kind wishes, I pray that One Community continues to prosper! Best wishes

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Achievements and performance (continued)

Work Club

I came because Jobcentre sent me to come to One Community for help to do my CV. You look at my CV and you did a wonderful CV that my job coach - was so good with it and said its professional, another organisation called Restart Scheme advisor - loved it! You also encouraged me to sign up to do The Skills Network course on Medication which I am doing through the support of One Community. You have also helped me to find a job in a warehouse in the Port of Tilbury. Now you are helping my son who is 18 and at college to register to find apprenticeship in automotive engineering. You are also helping my son to do his CV and another friend to be able to stay in the country. I would like to say thank you for your help and support.

IT Support

Thank you so much for your encouragement and since I came to One Community and with your help I can say that you have helped me get more confidence and I am able to read more and able to use computer not so better now. Thank you to this organisation that is open to everybody that need help. They have very good staff too that are always willing to help people. Thank you, thank you, thank you very much! PLANS FOR THE FUTURE

Business Development

We will be updating our business plan to reflect our goal of moving to larger premises by 2026 as we progress towards our next 5-year strategic plan of ‘Building the New Different’

Building the New
Different
2023 -2027		 Going
Digital		 ➢ Digital Comms
➢ Digital confidence
Being
Disrupt able		 Enterprise
Resilience
Staying
Distinguishable		 ✓ Strong Brand
✓ ShowingLeadership

In the meantime, we share space and donations received from the use of the premises of our partner organisations. We have done the eBay for change programme in preparation for becoming an eBay for Charity Seller and to set up Facebook Marketplace to sell good condition donations from the community. We have advertised for a business development officer to assist with our fundraising and income generation strategy, and to continue to forge new corporate relationships. We have just secured a relationship with Cazoo online dealership to be their charity partner. We have also been successful to deliver the Steps to Success project on behalf of DWP. This is a flexible support fund partnership in Essex to support their clients that are furthest away from the job market from November 2023.

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PLANS FOR THE FUTURE (continued)

Organisational Development

We secured a £75K unrestricted Enable Grant from Lloyds Bank Foundation, distributed as £25K annually for three years. It has a built-in enhanced development Programme designed to support charity leaders and Trustee Boards to build capacity within their organisations and become more resilient in the longer-term. The Lloyds Foundation Enhance Programme is arranged around 9 themes including Excellent Leadership, Stronger Governance, Sustainable Finance and Fundraising. In addition, they have over 10 independent consultants to assist us from Lloyds Banking Group staff . This fits in very well with the business planning support that we can look forward to as we refresh our Building the New Different strategic plan through learning more about innovative ways to help the organisation to adapt and change. This resilience is needed as the only independent charitable organisation in the area who serve the community as a ‘one stop shop’. Our DIY approach continues to empower people who thought they could never get out of the poverty trap, and who have very low self-esteem and no previous work experience.

ACKNOWLEDGEMENTS

We are grateful to our partners. The work we do would not be possible without their support. They include: c2c Trenitalia limited; Tilbury Riverside Project (TRP), Port of Tilbury; RCCG Fruitfulland; The Gateway Learning Community Trust (GLC), TempleSprings; Thurrock Lifestyle Solutions; Thurrock Adult Community College, Thurrock Centre for Independent Living; Harlow Save Credit Union, Thurrock CVS, Thurrock Council; Thurrock Food Bank; St John’s Church, Tilbury Community Hub; Tilbury Taxis; Kinetika; Tilbury on the Thames Trust; Evewright Arts Foundation and many more than we can mention in this short report.

We received financial support from: Cazoo; Fowler Smith & Jones Trust; Thurrock CVS – Voluntary Sector Grant; Essex Community Foundation; Lower Thames Crossing; Peabody Community Foundation; European Union Structural and Investment Fund; Essex Community Foundation; The National Lottery Community Fund; TK Maxx, Amazon UK; European Metal Recycling Ltd; Lloyds Bank Foundation; DWP Flexible Support Funding; and members who donate regularly to One Community.

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REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

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FINANCIAL REVIEW

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011, the Companies Act 2006, Accounting and Reporting by Charities: Statement of Recommended Practice (Charities SORP FRS 102 2015) (effective January 2015).

Income for the year under review was overall £19,950 more than prior year because we have received a significant boost to our income through a 5-year National Lottery Community Fund. At the end of the review period, we had £6,483 in unrestricted funds carried forward, an improvement from the previous period with £2,757. This small surplus has been made possible because some of our funders allowed us to apply full cost recovery to our funding bids. Furthermore, we have been able to get support with our energy bills through the Warm Space Project from Essex Community Foundation, in recognition of making our shopfront available to residents beyond our working hours. While this surplus is not sufficient to cover the reserves required by the charity’s reserve policy, we were able to secure more restricted grant funding to cover staff wages this year, which will help us to continue to build on our unrestricted funds.

Factors that could affect future financial performance would be inability to source grant funding for the work the organisation has been mandated to continue by the members. One Community has always survived due to the commitment of staff and volunteers who make sacrifices for the benefit of the organisation and their local community. We expect this to be the case for the next few years whilst we weather the storm of post covid-19 and the cost of living and energy fuel crises.

Risk Management

The principal risks and uncertainties facing the organisation include the continued impact of the higher cost of living and the fuel energy crises, that could limit the organisation’s ability to carry out some of its work. Having smaller premises at the moment will ensure we are not spending more than is necessary on energy bills. We are looking into other options of sharing space and doing more online digitally and virtually as we develop the capacity of the organisation to support others in this new climate. This would support the organisation by enabling it to generate unrestricted income through charging for some of its services whilst giving other organisations the opportunity to work in partnership to generate surpluses. These plans will be at the forefront of the organisation’s sustainability strategy for managing the risks. The trustees recognise that the charity is dependent on receiving sufficient grant funding to be able to continue its activities at the current level and, apart from the costs covered by the reserves mentioned below, the charity does not commit to expenditure until grant funding has been secured.

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Financial Review (continued)

Reserves Policy

Reserves position at 31 March Current Year Previous Year %
Increase/
(Decrease)
Unrestricted Funds(Reserve) £6,383 £2,757 131.50 %
Restricted Funds £33,391 £44,745 (25.40) %
Total Funds £39,774 £47,502 (16.30) %
Annual OperatingExpenditure £4,833 £12,268 (61,40) %
Ratio of Reserves to Annual OperatingExpenditure 1:0.70 1:3.70

Going Concern

The accounts for the charity are prepared on a going concern basis because demand for the services provided to the local community continues as evidenced by the surveys undertaken throughout the year to monitor our social impact.

The trustees expect that future funding applications will generate sufficient funds to enable the charity to continue its operations and are therefore of the opinion that the charity is a going concern. This position is supported by a detailed budget.

At the date of this report the budget indicates that, considering income from known funding sources, sufficient funds will be available until March 2027.

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STRUCTURE, GOVERNANCE AND MANAGEMENT Organisation

The board of trustees, which must have at least three and not more than 12 members, administers the charity. The board meets at least four times each year. Sub committees are formed when necessary to deal with specific projects or activities. Day to day management of operations is the responsibility of the Chief Executive with project administration, shop and volunteer management, skills development and accounting being delegated to respective staff members/volunteers.

The staff consists of the Chief Executive, HR/Skills Development and Office/Volunteer Manager, Finance Officer and Project Admin. One Community ensures we have skilled volunteers to support the work of the organisation. We have a revolving number of 12-16 volunteers who are on our Volunteer Investment Programme (VIP) where they are supported to develop their capacity and skills to actively participate in their local community providing opportunities for the individuals to gain experience whilst supporting the activities of One Community Development Trust. This is an ongoing programme.

Governing Document

One Community Development Trust is a charitable company limited by guarantee, and is a registered charity, number 1130253. It was incorporated on 18 February 2009 under number 6823436. The company was established under a Memorandum of Association dated 5 February 2009 which established the objects and powers of the charitable company and is governed under its Articles of Association which were amended by special resolution on 26 September 2012. In the event of the company being wound up members are required to contribute an amount not exceeding £1 each.

Directors and Trustees

The directors of the charitable company are its trustees for the purpose of charity law. The trustees and officers serving during the year and to the date of this report were as follows:

Mr Aderemi Shodipe Mr Samson Odubanjo Mrs Bisola Yoozooph Ms Marcia-Fay Johnson Mr Timothy Harrold Ms Lela Campbell Dr Michael Ojo

Senior Management

Mrs Y Kannike Chief Executive

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TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (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 incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities, and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the Trustees on 12 December 2023

and signed on their behalf by

_______ Mrs Bisola Yoozooph

__________ Mr Aderemi Shodipe

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ONE COMMUNITY DEVELOPMENT TRUST

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ONE COMMUNITY DEVELOPMENT TRUST (A Company Limited by Guarantee)

I report on the accounts of the charitable company for the year ended 31st March 2023 which are set out on pages to 23 to 32.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Maroof Adeoye MBA DchA FCIE MInstF Signed.............................................. Registered Independent Charity Examiner Community Benefit Action CIC Date 12 December 2023 Maroof Suite, ACTS House, 30 Union Road, Croydon, CR0 2XU

22

ONE COMMUNITY DEVELOPMENT TRUST STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023

Notes
INCOME
Donations and legacies
1/2
Charitable activities
3

Other income
TOTAL INCOME
EXPENDITURE
Expenditure on charitable activities
4
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
FOR THE YEAR
TRANSFERS BETWEEN FUNDS
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
12/13
Total funds brought forward
TOTAL FUNDS CARRIED
12/13
FORWARD AT 31 MARCH		 Unrestricted
Funds
Restricted
Funds
Total
Funds
2023
Total
Funds
2022
£
£
£
£
6,573
114,197
120,770101,577
1,480
-
1,480
1,029
406
-
406
100
__
__
__
_
8,459
114,197
122,656
102,706
__
__
__
_
4,833
125,551
130,384
107,436
__
__
__
_
4,833
125,551
130,384
107,436
__
__
__
_
3,626
(11,354) (7728)
(4,730)
-
-
-
-
__
__
__
_
3,626
(11,354)
(7728)
(4,730)
2,757
44,745
47,502
52,232
__
__
__
_
6,383 33,391
39,774
47,502
__
__
__
__

__
__

__

__

__

__

__

23

ONE COMMUNITY DEVELOPMENT TRUST BALANCE SHEET AS AT 31 MARCH 2023

Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
10
Accrued Income
9
TOTAL CURRENT ASSETS
LIABILITIES
Creditors falling due within one year
Bounce Back Loan
11
NET CURRENT ASSETS
TOTAL NET ASSETS
THE FUNDS OF THE CHARITY:
Unrestricted funds
12/13
Restricted income funds
12/13
TOTAL CHARITY FUNDS		 2023
2022
£
£
2,620
4,486
442
608
49,318
48,287
5,236
16,683
54,996
65,578
862
16,980
756
21,806
__
_
37,154
43,016
__
_
39,774
47,502
══════
══════
6,383
2,757
33,391
44,745
__
__
39,774
47,502
══════
══════

For the financial year ended 31 March 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.

The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Signed_____ ___ Signed _________

Name: BISOLA YOOZOOPH - Company Secretary

Name: ADEREMI SHODIPE - Treasurer

On behalf of the trustees Approved by the trustees on 12 December 2023

The notes on pages 25-32 form part of these accounts

24

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

(CONTINUED)

1. DONATIONS AND LEGACIES

Grants
General donations
Gift Aid
Interest received
Fundraising		 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
1,500
114,197
115,697
99,895
3,667
-
3667
1,680
483
53
-
-
483
53
-
2
870
-
870
-
6,573
114,197
120,770
101,577
__

_
__
__
__
__
______




__

2. GRANT INCOME

Kickstart Scheme Grant/ Set-up costs
Kickstart Scheme Grant/Kickstart salary
LPA IT Support
Amazon UK
The National Lottery
Fowler Smith Jones Trust
Peabody Community Foundation
Essex Community Foundation
Tilbury Community Local Led Development (CLLD)
SME Business Improvement Grant
European Metal Recycling Ltd (EMR)
VSDF Community Fund - Thurrock CVS
Community Grant TK Maxx
Tilbury Community Local Led Development (CLLD)
The National Lottery Community Fund
Locality
Job Retention Scheme Grant
Total*		 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
-
-
-
10,443
-
10,443
3,000
-
-
-
-
1,000
-
1,000
5,000
7,000
-
9,900
9,900
10,000
-
-
-
4,500
-
7,500
7,500
10,000
-
-
8,762
-
8,762
-
15,000
1,632
-8,000
8,000
16,000
-
500
-
-
-
28,592
-
500
28,592
4,000
500
32,277
-
1,000
40,000
-
40,000
1,000
-
10,000
7,986
__
_ _

1,500
114,197
115,697
99,895
__
_ _____
__

___
__

*Accrued income

These notes form part of the financial statements

25

ONE COMMUNITY DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

(CONTINUED)

3. CHARITABLE ACTIVITIES

Amenity charges
 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
1,480
-
1,480
1,029
__
__
__
__

__

Income from charitable activities comprises amenity charges.

4. EXPENDITURE ON CHARITABLE ACTIVITIES


Finance Administrator
Chief Executive Officer
Skills Development/Shop and Volunteer Coordinator
Project Admin
Kickstart Scheme
Rent and rates
Maintenance / Repairs and Renewals
Marketing
Travel and volunteer expenses
Staff Conference
Staff &volunteer training
Consultancy Services
Post and stationery
Telephone
Light and heat
Payroll administration
Employer’s National Insurance
Insurance
Community celebration
Sundry expenses
Loan interest paid
Employer pension
Subscriptions
Business rate
Governance costs/ Independent Examiner Fees
Donation given for charitable activities
Depreciation
Total Expenditure		 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
-
23,466
23,466
21,000
-
38,110
38,110
37,000
-
-
-
26,485
2,370
10,088
26,485
2,370
10,088
27,000
-
-
208
5,200
5,408
5,391
133
-
-
1,272
133
1,272
1,630
-
813
211
730
-
1,543
211
547
-
233
-
-
502
233
502
2,047
22
218
240
569
-
691
691
378
495
1,513
2008
848
-
107
107
101
-
4,125
4,125
4,068
-
609
609
544
-
5,185
5,185
-
179
-
179
426
499
-
499
356
-
2,211
2,211
1,988
1,261
1,261
1,317
-
142
142
73
100
650
750
650
345
-
345
240
334
1,877
2,211
1,263
__
_
__
__
4,833
125,551
130,384
107,436
__

_
______		 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
-
23,466
23,466
21,000
-
38,110
38,110
37,000
-
-
-
26,485
2,370
10,088
26,485
2,370
10,088
27,000
-
-
208
5,200
5,408
5,391
133
-
-
1,272
133
1,272
1,630
-
813
211
730
-
1,543
211
547
-
233
-
-
502
233
502
2,047
22
218
240
569
-
691
691
378
495
1,513
2008
848
-
107
107
101
-
4,125
4,125
4,068
-
609
609
544
-
5,185
5,185
-
179
-
179
426
499
-
499
356
-
2,211
2,211
1,988
1,261
1,261
1,317
-
142
142
73
100
650
750
650
345
-
345
240
334
1,877
2,211
1,263
__
_
__
__
4,833
125,551
130,384
107,436
__

_
______






These notes form part of the financial statement

26

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

(CONTINUED)

5. STAFF COSTS

2023 2022
£ £
Salaries and wages 100,519 85,000
Employer national insurance and pension contribution 4,125 4,068
__ __
104,644 89,068
__ __
Average number of FTE employees and contractors 3.76 3
Headcount at 31 March 2023 4 3

There were no employees who received remuneration in excess of £60,000 in either year.

6. TRUSTEE REMUNERATION

During the year ended 31 March 2023 no trustees received remuneration.

7. GOVERNANCE COSTS

Independent examiner fee
 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
100
650
750
650
__
__
__
__		 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
100
650
750
650
__
__
__
__

__

__

These notes form part of the financial statements

27

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

(CONTINUED)

8. TANGIBLE FIXED ASSETS

All assets are used for charitable purposes.


COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charged
At 31 March 2023
NET BOOK VALUE at 31 March 2023
NET BOOK VALUE at 31 March 2022		 Equipment
Fixtures &
Fittings
2023
£
20,272
345
__
20,617
__
15,786
2,211
__
17,997
__
2,620
__
4,486		 Equipment Equipment Equipment

Fixtures &
__
__
__
__
__		 __
__
__
__
__		 Fittings

2022
£
16,409
3,863
______
20,272
______
14,523
1,263
______
15,786
______
4,486
______
1,886
2022

These notes form part of the financial statements

28

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

(CONTINUED)

9. DEBTORS

2023 2022
£ £
Prepayments 442 608
Accrued income 5,237 16,683
Other debtors - -
__ __
5,679 16,683
__ __
0. CASH AT BANK AND IN HAND
2023 2022
£ £
Co-operative Bank 27,904 26,326
Santander Savings Account 21,389 21,921
Cash at hand 25 40
__ __

49,318		 48,287
__ __
1. CREDITORS
2023 2022
£ £
Accruals 862 756
__ __
862 756
__ __

10. CASH AT BANK AND IN HAND

11. CREDITORS

These notes form part of the financial statements

29

12.RECONCILIATION OF FUNDS
Brought
Forward
£
Restricted Funds
Capital Grant Funds
Essex Community Foundation
Tilbury Community Local Led
Development (CLLD)
SME Business Improvement Grant
3,397
338
Amazon UK
Tilbury Community Local Led
Development (CLLD) funded by
European Structural Investment
Funds
125
310

Tilbury Community Local Led
Development (CLLD) funded by
European Structural Investment
Funds
Amazon UK
-
_
_
Total Restricted Capital Funds
4,170
Other Restricted Funds
Essex Community Foundation
Peabody Community Foundation
-
18,109
Kickstart Scheme Grant
Fowler Smith & Jones Trust
The National Lottery Community
Fund
VSDF Community Fund –
Thurrock CVS
EMR
Amazon UK
The National Lottery Community
Fund
3,000
5,427
-
4,000
7,337
2,702
-
Tilbury Community Local Led
Development (CLLD) funded by
European Structural Investment
Funds
-
Total Restricted Funds
44,745
Unrestricted Funds
General fund
2,757

_
_
Total Funds
47,502		 Grant
Income
£
-
-
-
-
-
_
-
8,762
7,500
10,443
-
40,000
-
8,000
1,000
9,900
28,592
114,197
1,500
_
115,697		 Other
Income &
Interest
£
-
-
-
-
-
__
-
-
-
-
-
-
-
-
-
-
-
-
6,959
__
6,959		 Expenses
£
1,165
184
125
310
75
18
_
1,877
8,762
20,933
13,443
5,427
19,818
4,000
9,312
3,661
9,900
28,418
125,551
4,833
__
130,384		 Transfers
Between
Funds
£
-
-
-
-
(174)
(41)
__

215
-
-
-
-
-
-
-
-
-
(41)
-
(174)
-
-
__

-		 Transfers
Between
Funds
£
-
-
-
-
(174)
(41)
__

215
-
-
-
-
-
-
-
-
-
(41)
-
(174)
-
-
__

-		 Carried
Forward		 Carried


_
_		 __

__		 £
2,232
154
-
-
99
23
__
2,508
-
4,676
-
-
-
20,182
-
-
6,025
-
-
-
33,191
6,383
__
39,774

30

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

(CONTINUED)

13. RECONCILIATION OF FUNDS

Purpose of Restrictions

Fund name Purpose of restriction
Capital Grant Fund - Tilbury Community
Local Led Development (CLLD) funded by
EuropeanStructural InvestmentFunds		 Unamortised value of fixed assets purchased from
restricted funds
Capital Grant Fund - Amazon UK Unamortised value of fixed assets purchased from
restrictedfunds
Capital Grant Fund -Tilbury Community
Local Led Development (CLLD) SME
Business Improvement Grant		 Unamortised value of fixed assets purchased from
restricted funds
Capital Grant Fund - Essex Community
Foundation		 Unamortised value of fixed assets purchased from
restricted funds
The
National
Lottery
Community
Fund/Awards for All		 Platinum Jubilee Seaside Special project
Essex Community Foundation To provide warm hub over the winter for local
people in Tilbury
European Metal Recycling Ltd (EMR) Towards One Community VIP programme for 18 to
25-year-old
Amazon UK Towards sustainable community environments
The National Lottery Community Fund/
Reaching Communities		 Building the New Different
Peabody CommunityFoundation Head-start toEmployment contract
VSDF Community Fund - Thurrock CVS Little Things that Mean A lot Project- staff costs
Tilbury Community Local Led Development
(CLLD) SME Business Improvement Grant		 To contribute towards the appearance and physical
marketing enhancement of business premises in
defined areas of Tilbury.
Kickstart Scheme Grant Funding To provide six months of paid employment for
young people
Fowler Smith & Jones Charities Little Things That Mean A Lot Project - staff costs
Tilbury Community Local Led Development
(CLLD) funded by European Structural
Investment Funds		 Tilbury Opportunities Project (TOPPs)

These notes form part of the financial statements

31

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

(CONTINUED)

14. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assets
Current assets
Current liabilities		 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
Total
Funds
2022
£
108 2,512
2,620
316
23,467
31,529
54,996
25,003
17,192
650
17,842
22,562
6,383
33,391
39,774
2,757

These notes form part of the financial statements

32