2024-03-31-accounts - One Community Development Trust

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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 2024

ONE COMMUNITY DEVELOPMENT TRUST

CONTENTS OF THE REPORT AND ACCOUNTS

	Page Number
Legal and Administrative Information	1
Trustees’ Report	2-18
Statement of Trustees’ Responsibilities	19
Independent Examiner’s Report	20
Statement of Financial Activities	21
Balance Sheet	22
Notes to the Financial Statements	23-30

ONE COMMUNITY DEVELOPMENT TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

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

ONE COMMUNITY DEVELOPMENT TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

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 2024 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:

a) To pursue any charitable purpose, primarily for the benefit of the community in the Area of Benefit, and in particular;
b) To own, manage and maintain community facilities for the public at large and/or those who, by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances, have need for such facilities;
c) To advance education, training and retraining, particularly among unemployed people; d) To promote public safety and the prevention of crime;
e) To develop the capacity and skills of the members of the community in such a way that they are better able to identify, and help meet, their needs and participate more fully in society;
f) To develop and encourage, foster and promote the physical, economic and social development and regeneration of the area by building partnerships with organisations with similar aims, and
g) To relieve poverty.

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FOR THE YEAR ENDED 31 MARCH 2024

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

To own, manage and maintain affordable, accessible and thriving community facilities
To develop the capacity and skills of local people
To work in partnership with others to promote community well being
To create a sustainable community anchor organisation.

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 employing over 3,000 people. It has two historical forts; Tilbury Fort, where Queen Elizabeth I gave her famous “heart of a king” speech, and Coalhouse Fort, which was completed in 1874. It has the Port of Tilbury, and a Cruise Terminal that is the Gateway to Europe and the rest of the World. Finally, 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.

Tilbury continues to be our main focus because One Community is situation in the heart of Tilbury on the Dock Road with over half of the neighbourhoods (61%) in the town being in the 20% most deprived in England (Indices of Multiple Deprivation 2019) One Community is there to work towards levelling up these inequalities as Tilbury has been identified as one the economic growth hubs that will emerge by the year 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

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 retain 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-andstatistics/population

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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. In 2023-24 this work has continued to be realised through the Tilbury Towns Board which One Community is actively contributing towards.

The funding from Reaching Communities from the National Lottery Community Fund is in its second year of a five year strategic plan of Building the New Different to enable us to support ourselves as an organisation, to be able to prepare the residents for what is coming into the area. Also the 3 year funding from Lloyds Bank Foundation that is unrestricted has been life-changing for One Community. Both funding will support projects that will combat digital and financial exclusion, as well as encourage enterprise in Tilbury. We also started a new project called Steps to Success with a flexible support grant funding from DWP to work with their economically inactive claimants that are furthest away from the job market in Tilbury, East Tilbury, Chadwell St Mary since November 2023.

In the reporting period from April 2023 to March 2024, we had 2,952 compared to 2,784 from the previous year. This is an increase of 168 people from last year. However, the significant change is that we engaged with 1101 new enquirers/visitors; compared to 220 from last year. This significant engagement of 37% of new people accessing our services for the first time has been partly due to the appointment of our Community Support Engagement Officer (CSEO) in November 2023. The CSEO who currently meets clients in 5 different locations means that we are taking our services out to where the residents are already gathering. These places include the jobcentre in Grays, the Inspire Youth Hub and Family Hubs in Tilbury, The Chadwell St Mary Family Hub, and Welcome2theUK Unit at the Grays Shopping Mall. We have also had additional support with the assistance of our Digital and Data Governance Manager who oversees the IT support of clients as well as supporting our transition to go digital in our daily operations.

The graphs on subsequent pages show how the 1101 first-time enquirers first heard about One Community and their age range.

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

ONE COMMUNITY DEVELOPMENT TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The Community Support Engagement officer (CSEO) engaged with 119 of these new enquiries from November 2023 to March 2024 from the Steps to Success Programme . Many come for Job search, CV update, work experience, volunteering, form filling, and interview preparation. We can also see the young working age population reflected in these figures.

This year we have supported 123 people on the Little Things that Mean Alot project with issues ranging from Parking permit, council tax, wrongful dismissal, application registration card, and changing mobile contracts to name a few.

We find that 72% came from Tilbury which is our catchment area, and then the rest from Grays, East Tilbury, South Ockendon, Chadwell St Mary, Stanford-le-hope, Purfleet Chafford Hundred, Corringham and Aveley. We however, do have people coming from further out - Dagenham, Basildon, Barking Chelmsford, and London.

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

We found that over 70% of all interactions were about volunteering, work experience, job searching, updating of CV, completing job applications online, form filling, education and training, volunteering opportunities, interview preparation, and ESOL. We have been supporting many of those who came on the healthcare worker sponsorship visa particularly from West Africa. Also we spend another 30% of time with issues relating to assimilating them into the UK system including finding schools for their children, getting support with accommodation etc. All staff have been involved in supporting them through our RISE, VIP and Little Things That Mean A lot Projects. We are continue to support those who came on the healthcare visa from West Africa.

We worked with 20 volunteers on our various projects which included supporting the Windrush 75th Anniversary weekend in partnership with Evewright Arts Foundation in June 2023. There were 3 other trips organised to celebrate this 75th Anniversary of the Windrush taking 300 people to Southend Seaside by c2c train, 220 by Uber Thames Clipper Boat to Greenwich in August 2023, and 100 people by Kings Ferry Coach to the Dockland Museum in London. There were also local trips within Thurrock to the Thurrock Museum, and a heritage walk in Tilbury during the October 2023 school half-term. These were all good opportunities for volunteers to support the planning and execution of various events. Volunteers on the VIP programme also supported our administration, finance, meet and greet, and customer service duties at the One Community Shop. All our VIP volunteers get the opportunity to be peer supported as well as have access to training and development such as First Aid, safeguarding and Health and Safety training. Volunteers’ total hours were 1320 hours for the year. Calculating the cost of a volunteer’s time by the minimum living wage for 23 years old and above (£11.44), plus the associated cost of insurance, volunteer expenses, and supervision (£15.50), this can be estimated at just over £26.94 per hour. This is an added value, and a savings of £35,560 for One Community. Also 11 of those volunteers were not in employment or training when they started volunteering with One Community. By the end of this reporting period, 9 moved from volunteering into paid employment, 2 into accredited training courses, 5 continued volunteering in different capacities - 2 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 training, Safeguarding Vulnerable Adults and Children – Level 2, Health and Safety – Level 3, and First Aid at work – Level 3, counselling level 2, Food Safety level 2 and Certificate in Advice and Guidance levels 2 and 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 working from different venues to ensure we reach diverse audiences. Our Community Support Engagement Officer (CSEO) worked from the Job Centre in Grays twice a week, and from local Hubs, in Tilbury, Chadwell, and Grays as part of the Steps to Success Project. Citizens Advice South Essex, Money and Pension Service, Plane Savers Credit Union started a plan of action to work collaboratively with One Community to support

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Thurrock Community with debt issues and loan Shark problems, particularly in Tilbury. Towards this end, the Plane Saver credit union was launched in Tilbury on 28th November 2023 at One Community’s Annual General meeting and Celebrations.

We continued to offer Level 2 courses from Skills Network Ltd where people can choose online courses 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.

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

RISE Project is an intensive two-year programme started in April 2023 which focuses on working with 72 economically inactive adults aged 18 + from areas in Thurrock into employment. This project will continue until March 2025
Volunteer Investment Programme – Evidence based skills development programme for volunteers who support the work of One Community through volunteering.
Work Club and coffee mornings – Monday drop-in sessions at the One Community shop for support with getting work into paid employment.
Plane Savers Credit Union – Ethical Saving scheme and low interest loans for residents to replace the Essex Savers Credit Union. This was launched at our AGM in November 2023
Steps to Success Project offers a FREE service in partnership with DWP Job Centre - Grays to help residents to access learning or work. It aims to enable individuals to define their own pathway and solutions towards work through the design of an Individual Pathway Plan, identifying barriers, supplying individual mentors and accessing mainstream community solutions

Projects to promote community wellbeing

Broadening Horizons Project - Trips and events to promote community cohesion and broaden horizons whilst giving opportunity to volunteers on our VIP programme to gain work experience through supporting the organising of these events.
One Community’s Annual General Meeting – Opportunity for all partners, members and volunteers to come together to share and celebrate their successes throughout the year with testimonials from those residents that have benefitted from the work of the organisation.
Little Things that Mean A lot - Addressing issues that residents find hard to get help
with in order to be able to sustain themselves and their families. This year we have been focussing on digital inclusion and literacy.

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Partnership work with local businesses and other organisations : c2c, Plane Savers Credit Union, Thurrock Council, Tilbury Riverside Project, Port of Tilbury, Thurrock CVS, Amazon UK, St Johns Church and Tilbury Foodbank, EMR, Inkinddirect, Tilbury Taxis, Templesprings, Necessities UK, Cazoo, TK Maxx, Marks and Spencers Tilbury on The Thames Trust, Evewright Arts Foundation and some who use the shop space for small group activities.
One Community is a Hate Incident Reporting Centre (HIRC) The One Community shop has been a HIRC since October 2017. It also has trained volunteers and staff to collect the information to feed into Thurrock intelligence about Hate Crime in Tilbury.

To create a sustainable community anchor organisation - Income generating activity

Use of space for small group activities by other organisations
Administrative and secretarial support to smaller groups
Support with small business start-ups
Book-keeping services including: Completion of self-assessment tax returns; selfemployed status registration; investigation of tax refunds
Job enhancement skills and Accredited training: Emergency First Aid, Health and Safety, Food Hygiene etc
We also get called upon for assistance with translation in most languages for GCSE examinations due to the access we have to different ethnic minority groups within the community.

ACHIEVEMENTS AND PERFORMANCE

Major Summer recruitment Drive with Job Centre - Grays and Marks and Spencer - Lakeside Shopping Centre, Thurrock to get 80 early guaranteed interviews exclusively to One Community Clients in July 2023.
At the Locality Convention in November 2023 in Bristol, One Community was acknowledged for being an inspiration to three Community leaders running the Berlin Marathon in September 2023 after the CEO of One Community - Yewande Kannike shared her Marathon Medals from Berlin and Chicago the previous year at the Convention as a guest speaker sharing the vision of Building the New Different at the Ted-Style talk.

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Achievements and performance (continued)

As part of our 75th Anniversary of the Windrush Celebrations and Broadening Horizon Project. One Community took 220 local residents from Tilbury Town to Greenwich Pier in August 2023. This event brought families from our diverse community together. It was a memorable day of fun, and entertainment on one of the Flagship Uber Boats by Thames Clipper sightseeing en route to London with our very own Mike Ostler from Tilbury Riverside Project. This event was filmed by Locality and will be featured on the One Community take-over film.
Locality who are about celebrating the power of community did some filming of the work of One Community during the summer months of July and August 2023. This film will be released highlighting our work as a member organisation to their 32K Twitter followers and other social media and networks for one day during the year, in a special film launch that will be tagged One Community Take-over Film.

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 healthcare work visas looking for work in the care sector.

TESTIMONIALS AND CASE STUDIES

Steps to Success Project

‘I came in and was very anxious and my anxiety was going through the roof but Samson made me feel like a whole new person when I left. He made me feel so motivated and at ease and helped me thoroughly with my CV. Can’t thank him enough ’ Client

I would like to say that I have referred many of my claimants to Steps to Success. I have no negative reports back, only praise for the support that Samson has provided for them. He has played a part in helping many of my Claimants apply for work because of his excellent CV support and being able to identify their skills.

I had a claimant that was very nervous of men due to her past experience. She did attend her appointment with Steps to Success and Samson was able to calm her nerves and was very understanding and patient.

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Testimonials and case Studies (continued)

She has since had the confidence, and made another appointment for further support because of his approach with her.

I hope that we can continue with the provision at Grays as they have an in depth understanding of the community and its needs with support, it has have been a great asset within our Job centre. DWP Work Coach - Grays

Little Things That Mean A lot

A lady sought help applying for Personal Independence Payment (PIP) after a debilitating heart attack left her wheelchair-bound. She faced financial difficulties and revealed she was paying £60 monthly for an outdated mobile contract. Through one-on-one sessions, we guided her on obtaining a PAC code, used comparison websites, and helped her choose a more cost-effective plan. As a result, her mobile bill is now reduced to £15 per month.

General Support - HealthCare Worker Sponsorship Visa

Good Evening Sir,

We sincerely want to appreciate you and all members of One Community for the great work that God Almighty is doing through you. For giving your time, resources, skills, words of knowledge and encouragement, advice, and direction, always showing love, concern, and compassion. You are always ready and willing to help no matter the situation. You are a great source of inspiration and encouragement to my family Sir. You are a blessing to us and to many people in the community, May the Almighty God bless you and strengthen you as you keep fulfilling your God-given talents in Jesus Mighty Name, Amen.

HAPPY MOTHER's DAY to all mothers in One Community, We pray for more strength from God to keep upholding you as you continue the amazing work, impacting positively on people's lives. Our regards to all members of one community.

Kind regards from Juliet and her family. 11[th] March 2024

Volunteer Investment Programme (VIP)

VIP recruited 8 young people aged 18-25 in partnership with European Metal Recycling Ltd on their Young Futures Re-imagined Programme. In September 2023. EMR put out this as a press release

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Testimonials and case Studies (continued)

EMR Tilbury’s General Manager, Darrell Rose said: “The amazing work of One Community Development Trust is well known across Tilbury and Chadwell. One Community is doing so much good in bringing together local people to create a place we can all truly be proud of. When we heard that support was needed to help get a number of young people on the ladder to meaningful employment, we just had to get involved through EMR’s Young Futures Reimagined programme

This is a testimonial from one such young person who did 5 months volunteering on the VIP with the EMR’s Young Futures Reimagined Programme. He left in August 2023 to start a new job with DWP in London.

Dear All,

I have received the card that featured all of your messages! I want to humbly thank all of you for the kind words and the congratulatory messages you left me in the card.

My time at One Community, though brief, was incredibly rewarding and it's a blessing that I was able to meet each of you! I'm without any doubt that my time with each of you as well as our clients has contributed to some form of my growth, not only my employability but as a person too. Peace and blessings to you all. Ope

RISE Project

Mark has not worked for over 17 years. However, he had trained as 7.5-ton driver. His confidence and self-esteem were at an all-time low as he has suffered from mental ill-health for all those years, and that was his main barrier to seeking employment. He did not think anyone would employ him. To keep himself active, he volunteered at Grays Community Forum. However, he was passing by the One Community centre, and saw the pavement signage which said we support people to find paid work. He decided to give it a try, and approached One Community for assistance, expressing a preference for a role in a warehouse, not believing that he could qualify for anything else. Bernice encouraged him, and took proactive steps to assist Mark in his job search, and building his expectations and confidence that he is employable.

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Testimonials and case Studies (continued)

She reached out to Ryan, who is one of our employers at United Resources Management, to explore potential opportunities. Ryan arranged an interview for Mark scheduled for June 14, 2023. Following the interview, Mark eagerly stopped at the One Community to share the feedback the next day – he has been offered a role as a Plant Operative. This achievement not only marks an important milestone in his employment journey but also validates the progress made in rebuilding his confidence and self-esteem. While awaiting the completion of paperwork for his contract, Micah is very excited about his new role and his future. We will continue to support him as he expressed his need for support in returning to work, an activity that he has not done for many years. We assigned him peer support that he could call upon if needed, and also we reassured him that he can always come to the One Community Centre as well.

PLANS FOR THE FUTURE

Organisational Development

We received an Enable Grant from Lloyds Bank Foundation for £75K (£25K a year) unrestricted funding for 3 years in October 2023. 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. We took advantage of one of the packages in March 2024 by going on the Trading and Sustainability courses from the School of Social Entrepreneurs. One Community is also working with a business consultant to assist with the refreshing of the business plan and we are working with Lamplight to support our CRM going forward. We have also just had our website refreshed and launched a film through the support of Locality to ensure we continue to be visible in our community. We will be migrating from Office 365 to Google Workspace during the course of the next financial year.

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Business Development

We will be utilising the learning from the Trading and Sustainability course to refresh our business plan to include more of a focus on trading, and investment. This will involve building up our reserves with the aim of diversifying our income generation strategy. We will be looking at guidance from CAF Banking and investments, ethical property Foundation, and influencing strategies locally to assist us in these next steps towards becoming a £500K turnover organisation in the next few years, with 10–15% of our income coming from trading as part of our sustainability strategy. We have also recruited a Business Development and Fundraising officer to assist us to build relationships with the many industries on our doorstep in Tilbury and surrounding areas. Cazoo, an online car dealership approached us with the intention of making us their charity of the year, and we have had several approaches from TK Maxx. This role will give us more capacity to follow-up with local businesses for a mutually beneficial partnership. It will also plan fundraising events and campaigns to generate unrestricted income.

	*Building the New* *Different* *2023 -2027*	Going *Digital*	● Digital Comms ● Digitalconfidence
		Being *Disrupt able*	● Enterprise ● Resilience
		Staying *Distinguishable*	● Strong Brand ● ShowingLeadership

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; The Gateway Learning Community Trust (GLC), TempleSprings; Thurrock Lifestyle Solutions; Thurrock Adult Community College, Thurrock Centre for Independent Living; Plane Savers 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: Essex Community Foundation; The National Lottery Community Fund; Cazoo; Lower Thames Crossing; Fowler Smith & Jones Trust; Thurrock Council – U-Choose; Essex Community Foundation; Lower Thames Crossing; Peabody Community Foundation; TheForrester Family Trust; Essex Community Foundation; The National Lottery Community Fund; TK Maxx, Amazon UK; European Metal Recycling Ltd; Lloyds Bank Foundation; DWP Flexible Support Grant Funding; UK Shared Prosperity Fund and members who donate regularly to One Community.

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(CONTINUED)

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 increased by almost £115,000 compared to the previous year, primarily due to a significant boost to our income from a 5-year National Lottery Community Fund grant.

At the end of the review period, we carried forward £37,001 in unrestricted funds, representing a significant improvement from the previous year of £6,483. This surplus was made possible through unrestricted income received from the Lloyds Bank Foundation, the successful delivery of three major community events, and effective fundraising efforts for One Community. However, the surplus remains insufficient to meet the reserves required to cover three months of operations, as outlined in the charity’s reserve policy. To address this, we are working to secure additional unrestricted funding.

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

The Board of Trustees of One Community Development Trust has agreed a reserves policy to retain £ 75,000 of unrestricted funds to cover running costs for three months, in the event of financial difficulty due to the increasing uncertainty in the wider economic environment. This is constantly being reviewed, taking into consideration pensions and possible redundancy payments.
The reserves will be used in the following manner:
a. Salaries
b. Rent
c. Utilities
d. Redundancies

The Board will review annually, and during the intervening period if changing circumstances demand, the amount of reserves that are required to ensure that they are adequate to fulfil One Community Development Trust’s continuing obligations.

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/Finance Officer, Business Development and Fundraising Officer and Office/Volunteer Manager, Data/Digital Governance Manager and Projects Support Admin. One Community ensures we have skilled volunteers to support the work of the organisation. We have a revolving number of 12-20 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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(CONTINUED)

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:

select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

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 03 December 2024

Se And signed on their behalf by ace

_______ Mrs Bisola Yoozooph

Mr Aderemi Shodipe

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 2024 which are set out on pages to 21 to 30.

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:

examine the accounts under section 145 of the 2011 Act;
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and
state whether particular matters have come to my attention.

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:

1) which gives me reasonable cause to believe that, in any material respect, the requirements: · to keep accounting records in accordance with section 386 of the Companies Act 2006; and · to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed.............................................. Maroof Adeoye MBA DchA FCIE MInstF Registered Independent Charity Examiner Date: 03 December 2024 Community Benefit Action CIC, Maroof Suite, ACTS House, 30 Union Road, Croydon, CR0 2XU

ONE COMMUNITY DEVELOPMENT TRUST

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024

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 £ 34,941 1,600 460 __ 37,001 __ 8,853 __ 8,853 __ 28,148 - __ 28,148 6,383 __ 34,531 __	Restricted Funds Total Funds 2024 Total Funds 2023 £ £ £ 200,776 235,717 120,770 - 1,600 1,480 - 460 406 __ __ _ 200,776 237,777 122,656 __ __ _ 182,993 191,846 130,384 __ __ _ 182,993 191,846 130,384 __ __ _ 17,783 45,931 (7,728) - - - __ __ _ 17,783 45,931 (7,728) 33,391 39,774 47,502 __ __ _ 51,174 85,705 39,774 __ __ __

ONE COMMUNITY DEVELOPMENT TRUST

BALANCE SHEET

AS AT 31 MARCH 2024

	Notes	2024	2023
		£	£
FIXED ASSETS
Tangible assets	8	2,212	2,620
CURRENT ASSETS
Debtors	9	437	442
Cash at bank and in hand	10	92,326	49,318
Accrued Income	9	3,530	5,236
TOTAL CURRENT ASSETS		96,293	54,996
LIABILITIES
Creditors falling due within one year	11	764	862
Bounce Back Loan	Bounce Back Loan	12,036	16,980
		__	__
NET CURRENT ASSETS		83,493	37,154
		__	__
TOTAL NET ASSETS		85,705	39,774
		══════	══════
THE FUNDS OF THE CHARITY:
Unrestricted funds	12/13	34,531	6,383
Restricted income funds	12/13	51,174	33,391
		__	__
TOTAL CHARITY FUNDS		85,705	39,774
		══════	══════

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 03 December 2024

The notes on pages 23-30 form part of these accounts

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. DONATIONS AND LEGACIES

Grants General donations Gift Aid Interest received Fundraising	Unrestricted Funds 2024 £ 28,000 6,571 143 228 - 34,941 __	Restricted Funds 2024 £ Total Funds 2024 £ Total Funds 2023 £ 200,776 228,776 115,697 - 6,571 3,667 - - 143 227 483 53 - 200,776 - 235,717 870 120,770 _ _ __	Total

2. GRANT INCOME

The Forrester Family Trust Kickstart Scheme Grant/Kickstart salary The National Lottery-Awards for All TK Maxx - Community Grant Evewright Arts Foundation Cazoo Ltd Peabody Community Foundation Lower Thames Crossing Community Fund Lloyds Bank Foundation The Co-operative Bank European Metal Recycling Ltd (EMR) U-Choose Job Centre Plus Tilbury Community Local Led Development (CLLD) The National Lottery Community Fund Locality Thurrock Council - UK Shared Prosperity Fund (UKSPF) Amazon UK Total*	Unrestricted Funds 2024 £ - - - 500 2,000 500 - - 25,000 - - - - - - - - - __ 28,000 __	Restricted Funds 2024 £ Total Funds 2024 £ Total Funds 2023 £ 10,000 - 10,000 - - 10,443 10,000 - 10,000 500 9,900 500 - 2,000 - - 500 - - - 7,500 6,850 - 1,000 6,850 25,000 1,000 8,762 - - - - 8,000 6,000 17,650 - 6,000 17,650 - - - 28,592 80,000 10,000 59,276 - 80,000 10,000 59,276 - 40,000 1,000 - 1,000 _ _ __ 200,776 228,776 115,697 _____ ______ _____
	___ __

*Accrued income

These notes form part of the financial statements

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

(CONTINUED)

3. CHARITABLE ACTIVITIES

Unrestricted Funds 2024 £ Amenity charges 1,600 __ Income from charitable activities comprises amenity charges.	Restricted Funds 2024 £ - __ __	Restricted Funds 2024 £ - __ __	Total Funds 2024 £ 1,600 ______ ___	Total Funds	Total
	__
		__		2023 £ 1,480 _____	2023

4. EXPENDITURE ON CHARITABLE ACTIVITIES

Chief Executive Officer HR/Finance Administrator Skills Development/Shop and Volunteer Coordinator Project Admin Digital/Data Governance Manager Business Development and Event Planer Community Support Engagement Officer Kickstart Scheme - Rent and rates Fundraising costs 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 IT Support 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 2024 £ - - - - - - 219 - - - 1,887 2,062 136 - 597 - - 158 - - - 1,591 526 380 - 787 75 - 306 129 _ 8,853 _	Unrestricted Funds 2024 £ - - - - - - 219 - - - 1,887 2,062 136 - 597 - - 158 - - - 1,591 526 380 - 787 75 - 306 129 _ 8,853 _	Restricted Funds 2024 £ Total Funds 2024 £ 43,769 43,769 31,158 31,158 10,542 8,736 29,115 2,333 10,392 - 10,542 8,736 29,115 2,333 10,392 - 5,200 2,000 5,419 2,000 - 1,200 - 1,200 1,235 - 3,122 2,062 11,114 500 11,250 500 825 1,422 746 746 2,032 2,032 - 994 158 994 7,757 7,757 636 636 7,479 9,070 - 526 - 380 3,047 3,047 - 787 - 75 650 650 - 306 1,533 1,662 _ __ 182,993 191,846 _____	Total Funds
				2023 £ 38,110 23,466 26,485 2,370 - - - 10,088 5,408 - 133 1,272 1,543 211 233 502 240 691 2,008 107 - 4,125 609 5,185 179 499 2,211 1,261 142 750 345 2,211 _ 130,348 _

These notes form part of the financial statement

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

(CONTINUED)

5. STAFF COSTS

	2024	2023
	£	£
Salaries and wages	136,045	100,519
Employer national insurance	7,757	4,125
Pension contribution	3,047
	__	_
	146,849	104,644
	__	_
		_
Average number of FTE employees and contractors	3.96	3.76
Headcount at 31 March 2024	6	4

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

6. TRUSTEE REMUNERATION

During the year ended 31 March 2024 one trustee received remuneration of £2,553

7. GOVERNANCE COSTS

Unrestricted Funds 2024 £ - __	Unrestricted Funds 2024 £ - __	Restricted Funds 2024 £ 650 __ __	Restricted Funds 2024 £ 650 __ __	Total Funds 2024 £ 650 ______ ___	Total Funds	Total
__		__
	__		__	_	_	2023
						£ 750 ____

These notes form part of the financial statements

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

(CONTINUED)

8. TANGIBLE FIXED ASSETS

All assets are used for charitable purposes.

Equipment	Equipment	Equipment
Fixtures &
__ __ __ __ __	Fittings
	2023 £ 20,272 345 ______ 20,617 ______ 15,786 2,211 ______ 17,997 ______ 2,620 ______ 4,486	2023

These notes form part of the financial statements

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

(CONTINUED)

9. DEBTORS

	2024	2023
	£	£
Prepayments	437	442
Accrued income	3,530	5,237
Other debtors	-	-
	__	_
	3,967	5,679
	__	_
		_
10. CASH AT BANK AND IN HAND
	2024	2023
	£	£
Co-operative Bank	59,344	27,904
Santander Savings Account	32,914	21,389
Cash at hand	68	25
	__	_
		_
	92,326	49,318
	__	_
		_
11. CREDITORS
	2024	2023
	£	£
Accruals	765	862
	__	_
		_
	765	862
	__	_
		_

These notes form part of the financial statement

12. RECONCILIATION OF FUNDS

Restricted Funds Capital Grant Funds Essex Community Foundation Tilbury Community Local Led Development (CLLD) SME Business Improvement Grant The Co-operative Bank Amazon UK Tilbury Community Local Led Development (CLLD) funded by European Structural Investment Funds Total Restricted Capital Funds __ Other Restricted Funds Lower Thames Crossing Community Fund Peabody Community Foundation The Forrester Family Trust The Co-operative Bank The National Lottery Community Fund U-Choose European Metal Recycling Ltd (EMR) Locality The National Lottery/Awards for All Thurrock Council - UK Shared Prosperity Fund (UKSPF) Jobcentre Plus Total Restricted Funds Unrestricted Funds General fund _ Total Funds	Brought Forward £ 2,232 154 - 23 99 __ __ 2,508 - 4,676 - - 20,182 - 6,025 - - - - 33,391 6,383 _____ _ 39,774	Grant Income £ - - - - - ______ - 6,850 - 10,000 1,000 80,000 6,000 - 10,000 10,000 59,276 17,650 200,776 28,000 _ 228,776	Other Income & Interest £ - - - - - __ - - - - - - - - - - - - - 9,001 __ 9,001	Expenses £ 1,168 154 107 23 81 _ 1,533 6,850 4,676 10,000 - 68,264 - 6,025 - 10,000 59,276 16,369 182,993 8,853 __ 191,846	Transfers Between Funds £ - - (778) - - __ 778 - - - (778) - - - - - - - - - __ -	Transfers Between Funds £ - - (778) - - __ 778 - - - (778) - - - - - - - - - __ -	Carried Forward	Carried

			_ _			__ __	£ 1,064 - 671 - 18 __ 1,753 - - - 222 31,918 6,000 - 10,000 - - 1,281 51,174 34,531 __ 85,705

These notes form part of the financial statement

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 European Structural Investment Funds	Unamortised value of fixed assets purchased from restricted funds
Capital Grant Fund - Amazon UK	Unamortised value of fixed assets purchased from restricted funds
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
Capital Grant Fund – The Co-operative Bank	Capital Grant Fund – The Co-operative Bank
The National Lottery Community Fund/Awards for All	Roots to Routes Project
Essex Community Foundation Lower Thames Crossing Community Fund	The Community Heritage and Thames Cruise Tour Project
European Metal Recycling Ltd (EMR)	Towards One Community VIP programme for 18 to 25-year-old
Locality	Cost of LivingGrant
The National Lottery Community Fund/ ReachingCommunities	Building the New Different
The Co-operative Bank	Little Things That Mean A Lot Project - Furniture
Thurrock Council/ U – Choose Health inequalities Grant	The Thames Cruise tour
Thurrock Council/UK Shared prosperity Fund	Release - Initiative – Skills – Energy (RISE) Project
Jobcentre Plus/ Flexible Support Fund	Step to Success Project
The Forrester Family Trust	Contribution Towards One Community’s work
Peabody Community Foundation	Head-start to Employment contract

These notes form part of the financial statements

ONE COMMUNITY DEVELOPMENT TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

(CONTINUED)

14. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assets Current assets Current liabilities	Unrestricted Funds 2024 £ 455 46,226 12,150 34,531	Restricted Funds 2024 £ 1,757 50,067 650 51,174	Total Funds 2024 £ Total Funds 2023 £ 2,212 2,620 96,293 54,996 12,800 17,842 85,705 39,774	Total Funds	Total

					2023

These notes form part of the financial statements