COMPANY REGISTRATION NUMBER: 06881893
CHARITY REGISTRATION NUMBER: 1131615
Love The One
Company Limited by Guarantee
Unaudited Financial Statements
30th April 2024
A R R PRICE LIMITED
Chartered accountants
17 Newstead Grove
NOThINGHAM
NG14GZ

Love The One
Company Limited by Guarantee
Financial Statements
Year ended 30th April 2024
Page
Trustees, annual report (incorpoiating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
10
Statement of cash flows
11
Notes to the financial statements
12

Love The One
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report)
Year ended 30th April 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unauditeé financial statements of the charity for the year ended 31)th April 2024.
Reference and administrative details
Registered charity name
Love The One
Charity registration number
1131615
Company registration number 06881893
Principal office and ragistered 5 Amethyst Close
office
Rainworth
Mansfield
Notts
NG21 OGH
The trustees
Dr M A Cusack OBE
N Woodcock
Dr C L Morris OBE
Mr S J Maxey
MrTJ Murphy
Mr W Munton
Dr T Dodd
MsCECa
Ms R Higgins
(Resigned 7th November 2023)
(Resigned 28th June 2023)
(Resigned 31st January 2024)
(Resigned 12th October 2023)
(Appointed 18th November 2023)
Company secretary
Independent exarniner
Rachael Higgins
Mr A R R Price FCA
On behalf of A R R Pri￿ Limited
17 Newstead Grove
NOThINGHAM
NG14GZ

Love The One
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) {￿ntinued)
Year ended 30th April 2024
Structure, governance and management
The charity (registered number 1131615) ts constituted as a company limited by guarantee, registered
in England and Wales under company number 6881893. Its goveming documents is it Memorandum
and Articles of Association.
The directors are charity trustees as defined by the Charib'es Act. Trustees may be appointed by ordinary
resolution, to appoint a person who is willing to act The Trustees may also appoint a person willing to
act as a trustee, by a trustee resolution, but they must retire at the next annual general meeting
Trustees are selected on the basis of their skills. experien￿ and their sympathy with the airns of the
Charity.
As part of their induction trustees have access to reviewing the constitution, accounts and are referred
to Charity Commission Guidance.
The day-tTrday running is delegated to Dr Catherine Morris and Dr Mary Cusack.
Objectives and activities
The charities objectrves as set out in the governing document are the prevention or relief of povety
amongst children. in particular but not exclusivety forthe benefitof those in developing countries, though
but not limited to:
the promotion and protection of and provision for health,.
the advancement of education and training in community and child health, and childcare.,
addressing the physical, social, emotional and spiritual needs of children. including working through
families and their communities=
and the advocacy and protection of children who are disadvantaged or vulnerable to exploitation and
abuse.
Love the One exists to provide poor, orphaned and abused children with free holistic medical care,
education and child care primarily in developing countries. Our primary focus is India where we base
ourselves in the stste of Odisha nearby the city of Berhampur.

Love The One
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (con￿nued)
Year ended 30th April 2024
Achievements and performance
INDIA
In the time period, the Love the One stsff team grew to 181 people. Over the previous year, Love the
One helped nearly 4000 children and young people.
The voluntary directors. Dr Mary Cusack and Dr Catherine Morris had to stay in the UK due to
immigration issues with their newly adopted children. On departure they We￿ told by the Indian
Authorities not to return to India until the children had been made British citizens and both doctor's visas
were cancelled. Be￿een Cat and Mary, they have 5 adopted children. Soma {18 years). Anish (16
years) and Pumi (15 years), Joshua (7 years) and Jesse (4 years). During this time period they made
enquiries with an immigration lawyer in the UK and they were advised to stay in the UK and seek
citizenship for the 5 children. Unft)rtunately, Soma, who was already 18 years old, was unable to direct
apply for UK citizenship and in November 2023 applied for indefinite leave to remain on Human Rights
grounds to the UK home office and the 4 younger children all had applications put in to become Brits'sh
citizens. This whole process with home office and lawyer fees amountsd to over £20,000.
Deva <18 years) and Basanti (16), siblings, who are full orphans and former child labourers continued
to Sive in the famity home as foster children with Rina loo￿ng after them and attending Love the One
school. In May 2022 a 5 month old baby called Teddy was given to the family by the local govemment
orphanage to look after as he had medical needs too severe to care for him. I n this time period, Teddy
continued to be caEd for by Rina and other helpers. Khusi, who had previously lived with them retumed
to her cousin's house in Berhampur and continued to attend the Love the One school.
HEALTH
"From community clinics to specialised hospital care, from babies to teenagers, health care for all
children is our aim."
Love the One continued to be linked with Christian Hosprtal Berhampur in a medical partnership and
with the medical director, Dr M.K.Nanda. This local hospital is where Love the One Children are admitted
if they require simple hospital care and Love the One is a community paediatric service working in
conjunction with Christian Hospitsl Berhampur.
Daily Medic81 Clinic
Each working day, a clinic is open for any child from the Love the One projects to come and be seen by
the medical team Post the Covid 19 pandemic, the clinic team continued to function in the adapted
format and the doctors did online consuIts. The clinic continued to see 5-10 children per day either from
the different ￿ntreS or referrals from the communities Love the One serves. These referrals are mainly
children with additional needs or requiring life-saving surgery. Over 1200 children were seen over a one-
year period in the clinic.
Specialist Hospital Care and development of complex medical care in the centres.
This year more children were helped with receiving Sp￿lalIsed hospital care. A number of the school
and EPIC centre children have complex chronic medical needs that need continuing monitoring by the
medical team, this includes a boy with type 1 diabetes. 2 boys with spinal probleTns and paralysis a boy
with Duchenne's Muscular Dystrophy who had never before been able to go to school due to his severe
physical disability as well as a number of children with sickle cell dEease and other complex

Love The One
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnue
Year ended 30th April 2024
diseases. Many of these children would not be able to otherwise attend any schooling rf they were not
at the Love the One school, due to the medical care they require.
Children with Additional Needs
The Children's Centre was renamed the Children's Therapy Centre and it continued to develop and help
more and more children with additional needs despite the pandemic. More and more children with
increasingly complex additional needs, were highlighted to us in the communits'es.
The centre moved to a larger venue and during this period it was intermittenlty open ft)r the children
depending on the regulations relating to the pandemic. Bespoke toys and therapy aids were bought for
each child and delivered to them at home to aid in their developmenL
EDUCATION
"From the earty years to teenagers. we want to see all children have the opportunity to have an
enjoyable, transformaknve education.
During this year the EPIC centres continued to run in Berhampur. Paralakhemundi and Khandhamal.
No new centres were opened during this time period.
During this year the 5 existing EPIC (Early Paediatric Interventional Care) centres in and around
Berhampur, the EPIC centre based in Paralakhemundi and the centre based in Baminigaon,
Khandhamal, continued to ser￿e their communities, however in the new school year, which starts in
April, we had to make the very difficult decision to stop taking admissions for the new school year as
the financial sttuation of the charity was becoming more unstable.
The concept of the EPIC centre is as follows.. The children learn through play in 2 child friendly
environrnent, which is a new concept in India. 5 staff were trained including an auxiliary nurse {ANM) to
provide fun and complete childcare for these children. During this year the centres remained closed.
The 'Love the One, School
The school was originally started to help the older siblings of children attending the first EPIC centre
that were either in child labour or not attending School. During this time period, the Love the One school
moved into it's eighth year. In March 2023, at the stsrt of the new school year, it had classes ranging
from LKG - Standard 10 with 385 children attending the school.
The second Love the One school opened in Hub 2 Paralakhemundi for the graduates of our EPIC P1
ntre there also continued to run and grow.
Unfortunatety, we faced some growing severe financial difficulties and a grant that had been promised
in November 2023, to help to continue to run the school fell through. This resulted in us having to make
a very difficult decision to close the schools in Berhampur and Paralekhemundi for the following school
year and the schools were officially closed on 8th March 2024. This was an extremely difficult time which
continued into the next financial year.
During this ts.me period our Standard 10 students all passed their board exams. We were very happy.

Love The One
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) fcontinued)
Year ended 30th April 2024
Child Sponsorship Program
Our child sponsorship program continued, however the uptake of new sponsored slowed down and
some sponsors were unable to continue due to the worsening cost of living crisis. Each child in EPIC
and the Love the One School is sponsored through their education. If all 30 children are sponsored at
an EPIC centre, the cost of all the care, nutrition and provision they receive is covered by the child
sponsorship program. By April 2024. 340 children were sponsO￿d.
CHRISTMAS PARTIES
The Christmas parties are very much part of the vision of Love the One to create great memories for
the children, this year we reopened for partES after no parties due to the covid pandemic.
CHILD CARE
A lot of the work at Love the One requires providing children with a safe place that they can come to,
ream, get healthy and be protected from the harsh environments they would otherwise spend their days
in. Much Love the One time is spent advocating for each child to re￿1ve the care they need. This may
be through advocating with their families so that they can attend a centre instead of being a child
labourer or helping poor families through the corporate health system to get the treatment they are
entitled to.
Love the One has six cole values and the first is to be child centred in everything we do. So. every day
the staff are encouraged to be child centred and they re￿1ve a lot of training in this area.
Volunteers
During this period we had 3 volunteers, the first Sin￿ the covid pandemic.
Staff Tr8ining and Development
Leadership training and development restsrted and regular training was held.
Charity Structure
Over the lime period, the staff tearn grew from 169-181
By the end of the time period, a total of 9 properties were rented by the charity, the voluntsry directors,
house, the Clinic, the Ghildren's Therapy Centre. the hostel for local staff the guest house for overseas
volunteers, a building each EPIC centre, a large building to caterforthe'Love the One, school and office
space and a hall to use for stsff training.
'Love the One, India, conb'nued to function as an Indian NGO. "Love the One, a Project of Sahanubhuti
continued to run alongshye the projects. together serving all the centres.
Over this ts'me period the reserves of Love the One started to be used and the one-off donations
decreased significantly due to the world-wide cost of living crisis. Regular income also slowly started to
decrease as people were unable to afford tt) continue to support Love the One.
In November 2022 the Michael and Betty Litue Trust informally promised a larger amount a year later.
A significant amount of funding went into the Friends of Love the One account in the USA in the previous
year. During this financial time period these funds were used to continue to meet the increasing
difference be￿een expenditure and decreasing income.

Love The One
Company Limited by Guarantee
Trustses. Annual Report (Incorporating the Director's Report) Ccontlnued)
Year ended 30th April 2024
The directors searched for funds, but none was available and so the very difficutt decision had to be
made to shut the Love the One schools in March 2024.
Social media continued to be a tool to raise the profile of Love the One, however iys impact started to
decrease as other conflicts in the world stsrted.
Financial review
Income for the year totalled £633,013 (2023 £840,711). Our regular support started to decline with the
deepening cost of living crisis both in the UK, decreasing regular giving and almost completely wiping
out one off donab'ons and the increasing cost of living in India due to an increasingly unstable
international picture.
The large donations from the Michael and Betty Lrttle foundabon and the ongoing support from the
original large donatson to Friends of Love the One continued to shore up the widening gap betsveen
income and expenéiture. Despite lots of efforts from the directors, no new large grants were available
in this time period and the remaining arnount from the Foux Foundation was agreed to be given to help
continue the work of Love the One rather than set up new EPIC ￿ntres.
During this time period VCUKI gave £5,000 specifically to use for the immigration costs of Dr Mary and
Dr Catherine's five adopted children who were all adopted after being abandoned with Mary and Cat
whilst in India and had all been children in the Love the One programs. This money was given to Mary
and Cat for this purpose. A £2,000 grant was also given to them frorn Friends of Love the One to buy a
new laptop for Mary as the director and for use for making videos and other materials for social media.
The Trustees would like to thank all of our supporters and volunteers that have and continue to support
the work, without whom this work could not progress.
Totsl expenditure during the year amounted to £734.434 (2023: £778,129) Note 3 & 4 detsils how the
expenditure in the year has supported the delivery of the charity's objectives.
This left expenditure exceeding income by £101,421 (2023." Income exceeded expenditure by £62,582).
Total funds as at 30th April 2024 amounted to £144,454 all of which relates to unrestricted funds. (2023:
£245.875)
Reserves policy
The company aims to have months, running costs available along with sufficient funds to carry out
any necessary and eomrnitted capttsl expenditure.
Risk Management
The Trustees are aware of their obligations regarding risk assessment and management The Trustees
are satisfied that the necessary procedures and systems to mrtigate risks are in operation.
Plans for future perlods
Due to the onset of a continuously worsening financial situation, plans for any fvrther expansion were
put on hold and funds were sought to continue the work already running.
Publ(c benefit statement
The main activities undertaken by the charity are to further the charity's purposes for the public benefit
and the trustees have regard to the Charity Commission guidan￿ on public benefit

Love The One
Company Limited by Guarantee
Trustses. Annual Report {Incorporating the Director's Report) {continued)
Year ended 30th April 2024
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the
small companies exemption.
The trustees, annual report was approved on .2&.1.o.z..IIS. and signed on behalf of the board of
trustees by..
Dr C L Morris OBE
Trustee

Love The One
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Love The One
Year ended 30th April 2024
I report to the trustees on my examination of the financial statements of Love The One {'the charity,) for
the year ended 30th April 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of cornpany law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act.).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,) In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independènt examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am
a member of the Insts'tute of Chartered Accountants in England and Wales (ICAEW), which is one of the
listed bodies.
I have completed my examination. I confimi that no fftatters have come to my attention in connection
with the examination giving me cause to believe".
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act., or
the financial statements do not accord with those records: or
the financial statements do not comply with the accounting requirements of section 396 ofthe
2006 Act other than any requirement that the accounts give a 'true and fairf view which is not
a matter considered as part of an independent examination" or
the financial statements have not been prepared in accordance with the method5 and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charits-es preparing their 8ccounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021.
I have no concerns and have come across no other matters in connection wtth the examination to which
attention should be dfawn in this report in order to enable a proper understanding of the accounts to be
reached.
MrARRPritsFCA
On behalf of A R R Price Limited
Independent Examiner
17 Newstead Grove
NOThINGHAM
NG14GZ
2fr@ffe

Love The One
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 30th April 2024
2024
Restricted
fvnds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
Other income
586,885
45.720
632,605
836,890
1,g78
543
1,300
408
408
Total income
587,293
45,720
633,013
840,711
Expenditure
ExpendFture on charitable activities
Total expendfture
690,714
43.720
734,434
778,129
778,129
690,714
43,720
734.434
Net (expenditure)lincome
(103.421)
2,000
(101,421)
62,582
Transfer be￿een funds
2,000
(2,000)
Net Movement in Funds
(101,421)
(101.421)
62,582
Reconciliation of funds
Total funds brought forward
Total funds carried forward
245.875
245,875
183,293
144,454
144,454
245,875
The statement of financial acknvities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notss on pages 12 to 21 fom) part of these flnanclal ststements.

Love The One
Company Limited by Guarantee
Statsment of Financial Position
30th April 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
15
108,713
100,664
Current assets
Debtors
Cash at bank and in hand
16
6,103
50.704
56,807
12,733
147,972
160,705
Creditors: amounts falling due within one year
Net current assets
17
21,066
15,494
145,211
35,741
Total assets less current liabilities
144,454
245,875
Net assets
144,454
245,875
Funds of the ¢hartty
Restricted funds
Unrestricted funds
144,454
245,875
Total charity funds
18
144,454
245,875
For the year ending 30th April 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities_.
The members have not required the company to obtsin an audit of its financial statements for the
year in question in accordance with secb.on 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of financial ststements.
These financial statements have been prepared in accordano with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on
.&tsLp.*.1.25.., and are &gned on behalf of the board by".
Dr C L Morris OBE
Trustee
The notes on pages 12 to 21 fomi part of these financial statements.
10

Love The One
Company Limited by Guarantse
Statement of Cash Flows
Year ended 30th April 2024
2024
2023
Cash flows from operating activitles
Net lexpenditure}lincome
(101,421)
62,582
Adjustments for
Depreciation of tangible fixed assets
Other interest receivable and similar income
Interest payable and sirnilar charges
Gains on disposal of tangible fixed assets
Accrued expensesl{income)
52,277
(408)
44,766
(543)
495
(1,300)
(1 ,0261
569
Changes in."
Trade and other debtors
Trade and other creditors
6,630
5,003
(9,9301
2.380
Cash generated frorn operations
{37,350)
97,424
Interest paid
Interest received
(495)
543
408
Net cash (used in)fftom operab'ng activitres
{36,942)
97,472
Cash flows from investing activities
Purchase of tangible assets
Proceeds from sale of tangible assets
Net cash used in investing activities
(60,326)
153,013)
1,300
151,713)
(60,326)
Net (decrease)fincrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
{97.268)
147,972
50,704
45.759
102,213
147,972
The notes on pages 12 to 21 form part of these financial statsments.
11

Love The One
Company Limitsd by Guarantee
Notss to the Financial Statsments
Year ended 30th April 2024
General inforniatlon
The charity is a public benefft entity and a prNate Company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is 5 Amethyst Close, Rainworth, Mansfield. Notts, NG21 OGH.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement ot
Recommended Practice applicable to charities preparing their accounts in accordan￿ with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP {FRS 102)) and the Companies Act 2006.
Accounting policies
Basls of preparation
The financial statements have been prepared on the historical cost basis. The financial staternents
are prepared in sterling, which is the functional GU￿enCY of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
Accounting estimates and assumpbons are made concerning the future and. by their nature, will
rarely equal the related actual outcome. The key assumptions and other SoUr￿S of estimation
uncertainty that have a significant risk of causing a matenal adjustment to the carrying amounts of
assets and liabilities within the next financial year are as follows.. Depreciation of tangible fixed
assets.'_ Delemiining the appropriate rate of depreciation requires an estimate of the useful
economic life and the future realisable value. The useful economic life is detemined to the period
which the asset will be usable.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot
exchange rate as at the date of the transaction. Monetary assets and liabilities denorninated in
foreign currencies are translated at the exchange rate ruling at the repoth.ng date, with any gains
or losses being taken to the statement of financial activities.
12

Love The One
Cornpany Limited by Guarantee
Notes to the Financial Statements (¢tintinued)
Year ended 30th April 2024
Accounting policies (condnued)
Fund accounting
Unrestricted funds are available for use at the discrets'on of the trustees to further any of the
charity's purposes.
Desigrbated funds are unrestricted funds earmarked by the trustees for particular futu￿ project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of tsyo sub-classes: restricted income fvnds or endowment
nds.
Incoming resources
Atl income is included in the statement of financial activities when entitlement has passed to the
charity, it is probable that the economic benefits associated with the transaction will flow to the
charity and the anK)unt can be reliably measured. The following specific policies are applied to
particular categories of income:
income from donations or grants is recognised when there Is
evidence of entitlement to the gift, re￿Ipt is probable and its amount can be measured reliably.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classrfied under headings of the statement of financial
activities to which it relates: expenditure on charitable activities includes all costs incurred by a
charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries,
including those support costs and costs relating to the govemance of the charity apportioned to
charitable activities. All costs are allocated to expenditure categories reflecting the use of the
resource. Direct costs attributable to a single activity are allocated directly to that acb'vity. Support
costs are apportioned between chantable activities on the basis of charitable activity expenditure
incurred during year.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term,
on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequenuy stated at cost less any accumu18ted
depreciation and impaimient losses.
Tangible assets costing less than £500 are written off in the year of purchase.
13

Love The One
Company Limitsd by Guarantse
Notss to the Financial Statements (condnued)
Year ended 30th April 2024
Accounting policies (continuedj
Depreclatlon
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value,
over the useful economic life of that asset as follows".
Ftxtures and fittings
Motor vehicles
Equipment
15'h straight line
20Vo Straight line
33 % straight line
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a paty to the
contractual provisions of the instmment. 8asic financial instruments are initsally recognised at the
amount re￿Ivable or payable including any ￿lated transaction costs, unless the arrangement
constitutes a financing transacb'on, where it is re￿gnised at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument. Current assets and
cu￿ent liabilities are subsequently measured at the cash or other consideration expected to be
paid or received and not discounted.
Limited by guarantee
The liability of the members in the event of a winding up is limited to £10. There are 5 members
(2023.8)
Donations and legacies
Unrestricted
Funds
Restrrcted Total Funds
Funds
2024
Donations
Donalions
Gift Aid
548,088
38,797
45,720
593,808
38,797
586,885
45,720
632,605
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Donations
Donations
Gift Aid
589,615
45.131
197,143
5,000
786,759
50,131
634.746
202.143
836,890
14

Love The One
Company Limitsd by Guarantee
Notss to the Financial Statements (continued)
Year ended 30th April 2024
Charitable activftles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Contributions from interns
1,978
1,978
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest re￿Ivable
408
408
543
543
Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Gain cn disposal cf tangible fixed
assets held for charity's own use
1.300
1,300
15

Love The One
Company Limited by Guarantee
Notes to the FinancAal Statements fwitinued)
Year ended 30th April 2024
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Early Paediatric Interventional Care Centres
Love the One School
Children's Therapy Centre
Clinic
Children's Home
PKD School
Patients Home
Support costs
119,171
186,929
45,941
76,077
11,498
27,869
38.720
157,891
186,929
45,941
76,077
11,498
27,869
223.229
5,000
228,229
690.714
43.720
734,434
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Early Paediatric Interventional Care Centres
Love the One School
Children's Therapy Centre
Clinic
child￿n'S Home
PKD School
Patients Home
Support costs
144,574
49.726
46,523
92,310
5,578
21,340
4,884
202,040
566,975
19,760
183,555
4.103
3.736
164,334
233,281
50,626
96,046
5,578
21,340
4,884
202,040
211,154
778.129
10. Anatysis of support costs
Totsl 2024 Total 2023
Stsff costs
Premises
Communications and IT
General office
Finance costs
Governance costs
107.467
56,222
2,956
33,508
18,799
9,277
228,229
101,392
49,804
9,211
11,789
23,968
5,876
202,040
16

Love The One
Company Limited by Guarantee
Notes to the Financial Statements (continu•d)
Year ended 30th April 2024
11. Net (expenditureifincome
Net (expenditureyincome is stated after chargingl{crediting):
2024
2023
Depreciation of tangible fixed assets
Gains on disposal of tangible fixed assets
Foreign exchange drfferences
52,277
44,766
{1,30Q)
3,706
7,356
12. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial ststements
1,921
1.675
13. Staff costs
Total stsff costs:
2024
2023
Salaries
Pension contributs.ons - defined contribution scheme
80,000
4,000
80.000
3,200
The charity is in partnership with Sahanubhuti an Indian registered Non-Governrnentsl
Organisation {NGO). The UK Charity funds the staff of the NGO.
The average head count of ernployees during the year was 2 (2023.. 2).
No employee received employee benefits of more than £60,000 during the year (2023.. Nil).
17

Love The One
Company Limited by Guarantee
Notss to the Financial Statements (cononued)
Year ended 30th April 2024
14. Trusteo remuneration and expenses
The charity has trustees who are paid for carrying the objectives of the charity in India and UK.
The legal authority for the payments is provided for in the Company's Memorandum ofAssociation
and has approval from the Charity Commission.
The totals paid to each trustee induding employer pension contributions of £4,000 (2023.. £3,200}
are as follows..
2024
2023
Dr M Cusack
Dr C Morris
42,000
42.000
41,600
41,600
In addition, trustees had travel and subsistence expenses reimbursed or paid direct to third parties
amounting to £Nil (2023. £403) Number Nil (Number 2023 .1)
15. Tangible r￿ed assets
Fixtures and
fittings
Motor
vehicles
Equipment
Total
Cost
At 1 st May 2023
Additions
21,181
1,657
173,778
56,669
22,478
2,000
217,437
60,326
At 30th April 2024
Depreciation
At 1 st May 2023
Charge for the year
At 30th Aprll 2024
Carrying amount
At 30th April 2024
At 30th April 2023
22.838
230,447
24,478
277,763
11,804
2,985
14.789
91,771
42.694
13,198
6,598
116,773
52,277
169,050
134,465
19,796
8.049
95,982
4.682
108.713
9,377
82.007
9,280
100,664
16. Debtors
2024
2023
Other debtors
6,103
12,733
18

Love The One
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30th April 2024
17. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors
10,405
2,189
1,280
7,192
1,620
8,792
5,082
21,066
15,494
18. Analysls of chantable funds
Unrestrlcted funds
At
01.05.2023
At
Transfers 30.04.2024
IncoThE Expenditure
General funds
245.875
587,293
(690,714)
2.000
144,454
At
01.05.2022
At
Transfers 30.04.2023
Income Expenditure
General funds
143.293
638,568
(566,975)
30,989
245,875
Restricted funds
At
01.05.2023
At
Transfers 30.04.2024
Income Expenditure
EPIC Centres
Purchase of computer
Adoption costs
38,720
2.000
5.000
(38.720)
<2,000)
(5.OCKI)
(43,720)
45,720
(2,000)
At
01.05.2022
At
Transfers 30.04.2023
Income Expendtture
EPIC Centres
Appeal "Adoption costs
Jesse '
Purchase of Ambulance
New building set up and
operating costs
19,760
{19,760)
4,103
20,0()J
(4,103)
(3,736)
{16,264)
40.000
158.280
(183,555)
(211,154)
(14,725)
(30,989)
40,000
202,143
19

Love The One
Company Limited by Guarantee
Notes to the Financial Statements (conttnuedj
Year ended 30th April 2024
18. Analysis of charitable funds (continued)
EPIC Centres
Donation re￿IVed for Ihe funding of the EPIC centres to carry on the work of Love the Qne.
Purchase of a Computer
A specific donation towards the cost of a new computer.
The expenditure has b*n incurred and has accordingly the restriction has been released. The
funds have been transfe￿ed into general funds.
Adoption Costs
VCUKI gave £5000 specifically to use for the immigration costs of Dr Mary and Dr Catherine's
Ive adopted children who were all adopted after being abandoned whilst they were in India and
had all been in the Love the One programs.
Adoption Costs Jesse
An appeal to raise funds for Dr C Morris to adopt a 4 year old t)oy with severe disabilities. Formal
adoption was granted in July 2022
Purchase of Arnbulan￿ Aliza,
A donation has been received for the purchase and operation of an ambulan￿ in memory of baby
Aliza who sadly passed away. The ambulance has been purchased for £16,264. The purchase
has discharged the restriction and the asset will be held in unrestricted funds. A transfer has been
made for this amount from restricted funds to unrestricted funds.
New School Buildings
Donations re￿iVed from donors to supp)rt the set up and operating costs of the sch¢)ols. Fixed
assets have been purchased during the year for the set-up of the schools totalled £14,725. The
acquisitions of these assets have discharged the restriction and the assets will be held in
unrestricted funds. A transfer has been made for this amount from restricted funds to unrestricted
funds.
19. Anatysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Tangible f￿ed assets
Current assets
Creditors less than 1 year
Net assets
108,713
56,807
(21.066)
144,454
108,713
56,807
(21,066)
144,454
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
100.664
160,705
(15,494)
245,875
100,664
160.705
(15,494)
245,875
20

Love The One
Company Limited by Guarantee
Notes to the Financial Statements (contsnuedj
Year ended 30th April 2024
20. Analysis of changes in net debt
At
At
1 May 2023 Cash flows 30 Apr 2024
Cash at bank and in hand
147.972
(97,268)
50,704
21. Operating lease commitments
The total future minimum lease payments under non-Can￿lIable operating leases are as follows..
2024
2023
Not later than 1 year
26,893
36,097
22. Related parties
During the year the charity paid immigrab'on costs of £5,000 for Dr fvlary Cusack and Dr C2therine
Morris's five adopted children who were all adopted after being abandoned whilst they were in India
in the Love the One programs.
During the year trustees made donations to the charity totalling £4,850 (2023.. £2,240)
21