Annual Report and Financial Statements for the Year Ended 31Jt Mareh 2024 Charity Re%istration No. 1136255 Page O Contents Reference and Adminislrative Information..,,.,..,,.,..,..,..,......... TrusteesReport........................................................ Independent Examiner's Report........................................... Balancesheet.......................................,......,.... Statements of Financial Activities................, Note8totheFinancialStatements............................ Charity Registration No. 11362SS Page I Reference and Administrative Details charlty Name ONE Charlty R•gistration Number 1136255 Principal Office 14 Aldgrove Way Darlington Co. Durham DL3 6QF TruSt￿S lan Willson Linda Willson Lourens Aucamp Mar-Lize Aucamp Michael Richard Smith Jean-Piere Dames (Resigned 31.01.24) Nadia Dames (Resigned 31.01.24) Bankers The Cooperatlvé Bank Business Direct Blaise Pascal House 100 Pavilion Drive Brackmills, Northampton, NN4 7WZ AGGountanl Bernard Accountancy Services 42 Riverside, South Church Bishop Auckland DL14 6 Charity Registration No. 1136255 Page 2 Trustees Report Objectives of the Charity as set out In the Governlng Document 1. To advance the Christian faith in accordance with the Statement in such ways and in such parts of the United Kingdom or the World as the Church Council from timo to tlmo may thlnk fit, 2. To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counseling and support in such parts of the United Kingdom or the World as the Church Council from time to time may think fit, and 3. To advance education in such ways and in such parts of the United Kingdom or the World as the Church Council from time lo time may think fit. Summary of the main achievements durlng the year We praise God for His faithfulness and His provision through this year, He is for ever faithful and full of wonder. OME has remained financially stable, dua to the faithfulnè88 of ils mémbèrs giving. We also have cash reserves, to ￿Ver at least 6 months running cost with out receiving any income. Wé have continued sharlng the premlses owned by Corporation Road Baptist, on Sundays and some of our mid-week meetings. We have been able to increase our monthly payment to them again, in order lo help with the refurbishment of the building. All our gatherings have been well attended with many new faces. We have carried out 6 baptism by full immersion this year - the most we have done in one year. This year we went from hosting one conference, to two conferences. First one for the church family at the Knock Christian Center and Secondly a ladies retreat at a hotel in Bishop Auckland. We also hosled 3 teams visiting ONE to brining ministry. Two with the main focus on teaching and One with the focus on prophecy. They were w815 r8ceiv8d and have been invited back. Charity Registi"ation No. 1136255 Page 3 ONE has sent two mission teams abroad this year. One to Kenyan and the other to South Africa and Namibia. These were fully funded by the members, through their generous giving, the funding also included large financi81 gifts for the people and projects in the countries visited. ONE through the guidance of the trust continued to give financially lo Mosaic 360. A charit18s so18 purpose to pay for transport and accommt)dation for those travelling on short term mission. We have continued to pray for the towns and people in the towns we live in. as well as the country and Ihe world - looking for Gods hand of mercy and peace lo The trustees have met regularly, face to fa￿ as a quorum. They also communicate through e-mail and WhatsApp groups set up their sole use. Approved by Ihe Tru8teos on . & slgned on Ihelr behalf by Signature............ .Date.. Charity Registration No. 1136255 Page 4 Independent Examiner's Report to the Trustees of ONE I report on Ihe accounts of the Charity for the year ended 31st March 2024, which are set out on pages 7 to 13. Respective responsobllltles of Trustoes and Examiner The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year. under section 43(3} of Ihe Charities AGt 1993 (the 1993 Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 43 of the 1993 Act. Follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and State whether partlcular matters have corne lo my attentlon. Chai-ity Re¥i511-diÈUiI Nii. 1130255 Page 5 Basls of indepèndgnt oxaminer's report My examination was carried out in accordance wilh the General Direction 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 a130 include5 a consideration of any unusual item6 or (IiSGlosurc6 in the accounts. and seeking explanations from you as Truslees conGeining any SUGh 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 Ihe accounts present a 'true and fair view. and the report is limited to those matters set oul in the statement below. Independent Examlner'8 Statement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that In any maten.al respect the requirements: to keep accounting records in accordance wllh section 41 of the 1993 Act. and to prepare accounts which accord with the accounting records and comply wilh the accounting requirements of the 1993 Act hav8 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 reaGhed. Signed...,................................... Date. .3.1,.,. o r ?g- Charity Registralion Nu. 1136255 Page 6 Balance Sheet as at 31st March 2024 2023 2024 Flxed Assets 485 1,795 Current Assets Current Liabilities 15,690 17,168 402 328 15.847 18,561 Accumulated Funds Incomg (L05s) for the ygar 9,227 6,620 15,847 2,714 15,847 18,561 Approve by the Trustees on . Q. l ..i.IZ ,Z..G)24 & slgned on thelr behalf by Name... I.AN....... bj IL L£aAJ Slgnature..- Charity Registration No. 11362.5.5 Page 7 Statement of Financial Activities year ended 318t March 2024 2023 2024 Notes Incomlng R•8ources Voluntary income Fundraising trading 56.863 59,515 Total Income 56.863 59.515 Rosourcas Exponded Costs of generating voluntary Income Church actlvltles costs Governance costs 3.836 1.113 46,228 160 55,508 180 Total Expendituré 50,244 56,801 Exces5 of Income over Expendlturel (Loss) 6.620 2.714 Funds from last year 9,227 15,847 Accumulated Fund$ 15,847 18,561 Charity Registration No. 1136255 Page 8 ONE Notes to the Financial Statements for the Year Ended 31st March 2024 1. Accounting pollcles Basls of preparatlon The financial statements have been prepared under the historical cost convention and on an accrual basis and in accordance wilh the Statement of Recommended Practice (Charities SORP (FRS 102) for small Charities and the Charities Act 1993. Fund accountlng pollcy Unrestricted income funds are general funds thal are available for use at the Trustees, discrelion in furtherance of the objective of the charity. Restricted funds are th05e donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Further details of each fund are disclosed in Note 7. Incomlng resources Donations are recognised where there is entitlement. certalnty of receipt and the amount can be measured with sufficient reliability. I ncoming resources from tax reclaims ar8 included in the statement of activities on receipt. Charity Registration No. 11362JJ Page 9 Resources expended Liabilities are recogni5ed as soon as there is a legal or construGtive obligation committing the charily lo the expendilure. All expenditure is accounted for on a cash basis and has b8en classified under headings Ihat aggregate all costs related to the category. Costs of generating funds comprise those the costs associated wilh attracted voluntary income and the costs of trading for fundraising purpos8s. Charitable expenditure comprises Ihosè costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocaled directly to such activilies and those costs of an indirecl nature neGes8ary lo support them. Grants payable 8re payment8 made to third parties in the furtherance of the charitable objectives. Where the charity gives a grant with conditions for ils payment being a spacific level of service or outpul to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specific service or output. Grants payable without performance conditions are only recognised in the accounts when a Gommitment has been made and Ihere are no Conditions to be met relating to the grant which remain in the control of the Charity. Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there in uncertainly about either the timing of the grant or the amount of grant. Governance costs Govemance costs include costs of the preparation and examination of the statutory accounts. the costs of trustee meetings and the cosl of any legal advice to Irustees on govemance or constitutional matters. Charity Registration No. 1136255 Page 10 2. Voluntary Income Unrestrlcted Funds RestrlGted Funds Total 2024 Donations, Appeals, Gift Ald 59,515 59,515 Other Total 59,515 59.515 3. Cost of Generating Voluntary Income Unrestricted Restricted Total Funds Funds 2024 Travel 1,113 1,113 1,113 1,113 Total 4. Governanco Costs Unrestricted Funds Restrlcted Funds Total 2024 Independent Exam Total 180 180 180 180 Charity Registration Nu. 1136255 Pagell 5. Church Actlvlties Costs Unrestricted Funds Unrestricted Funds Total Bulldlng malntenasice & Costs Mission Horne Mission Overseas Staf'f Costs IT&PA Phones internet Office Costs Child protection Teaching and Training Insurance Cafe & Refreshments Legal Conference De reciation HMRC- SDDS Gifts 4,690 689 10,081 28,967 450 880 308 301 199 632 1,099 646 3.461 530 394 2,183 4.690 689 10,081 28.967 450 880 308 301 199 632 1,099 646 3,461 530 394 2,183 55,508 S5.508 6. Analysi5 of Funds At 111 April 2023 Incornlng Resources Expended Resources Transfers At 311t March 2024 Unrestricted Funds Restrlcted Funds Total 15,847 59,515 56,801 18,561 15,847 59.515 56.801 18,561 Charity Registration No. 113624.5 Page 12