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2022-12-31-accounts

Annual Report and Financial Statements Year ended 31 December 2022

Registration charity number - 1145034

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Year ended 31 December 2022

One by One Annual report and financial statements

Contents

Contents
Legal and administrative information 4
Trustees’ annual report 5
Objectives and activities 5
Structure, governance and management 8
Financial review 9
Statement of board of trustees’ responsibilities 10
Independent examiner’s report 11
Statement of fnancial activities 13
Balance sheet 14
Statement of cash fows 15
Notes to the fnancial statements 16

Registered charity no. 1145034

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One by One Annual report and financial statements

Year ended 31 December 2022

Legal and administrative information

Entity name

One by One

Charity registration no.

1145034

Registered address

PO Box 762 Rotherham S60 9JB

Trustees

Douglas Williams Rebecca Murray Liza Benting Paul Buttery Nick Chanda Israel Silgram Georgia Thomas

Chairperson (from 30 March 2023) Chairperson (until 30 March 2023)

(resigned 23 February 2023) (appointed 30 March 2023) (appointed 30 March 2023)

CEO

Rebecca Murray Bank

HSBC Bank plc. PO Box 6201 Coventry CV3 9HW

Independent examiner

Haines Watts (Berkhamsted) Limited 4 Claridge Court Lower Kings Road Berkhamsted Hertfordshire HP4 2AF

Accountant

Andy Nash Accounting & Consultancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU

Registered charity no. 1145034

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Year ended 31 December 2022

One by One Annual report and financial statements

Trustees’ annual report

The Board of Trustees submit their annual report and the financial statements of One by One for the year ended 31 December 2022. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, including the Charity Act 2011, as well as the requirements of the Society’s governing document and the provisions of the ‘Charities SORP (FRS 102) - 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) second edition (effective 1 January 2019)’, and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Objects and activities

The charity’s objects are:

• to advance the education of the public regarding people trafficking and slavery in particular but not exclusively through congresses, seminars, fora and publications.

Main activities undertaken for public beneft

The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charitable Group’s aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. Through its activities this year the trustees believe they have provided public benefit within the scope of its charitable objectives. There follows a summary of the highlights of the activities of the Charity which demonstrate this.

Main activities in Kenya:

• Running of the One By One base in Kenya which is made up of a residential facility, a primary school and a secondary school. Providing food, education and medical care for 200 children and employing 40 staff (Primary & Secondary school teachers, cooks, cleaners, house mothers, security, social worker, schools outreach workers)

Registered charity no. 1145034

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One by One

Year ended 31 December 2022

Annual report and financial statements

• Supported one student through polytechnic - this includes tuition fees, accommodation and all living costs associated with living in the town of the polytechnic.

• Paid the entry fees for all graduating students from the One By One high school to enrol on their next university or polytechnic course. (This was for all students who achieved below a B- at our One By One high school).

• Start the transition of residential children that can be re-integrated with their families through the on-going support of One By One’s social worker and team. This has commenced with a selected amount of students to monitor and evaluate the transition before expanding this across all residential students.

• Supported three students through university - this includes tuition fees, accommodation and all living costs associated with living in the cities where their university is based. (These are for students who achieved B- and above at our One By One high school).

Main activities in Pakistan:

• Running of the One By One base which is made up of a safe house providing food, education and medical care for 82 children and employing 26 staff (security, cooks, cleaner, house parents, house manager and outreach workers)

• food, clothing, shoes and medical care provided to all children in the safe house. This includes additional school uniforms for 82 children.

• Increased the outreach programme to 50 brick factories reaching over 1,000 children per week in the brick factories. The team bring educational and emotional support to the children still working in bonded labour.

• Supported families seeking refuge from Afghanistan following the Taliban take over. Providing temporary housing and emergency food parcels from January to July.

Main activities in Uganda:

• One By One launching into Uganda in 2023 so we began the legal requirements to register as an INGO in Country.

Main activities in Sri Lanka:

• Oversee the running of seven Sewing Centres across the north of Sri Lanka for widows to use to develop their own micro-businesses. These businesses are now self-sufficient as the widows buy more materials out of their profits to sell more products.

Dignity Project:

• October trip to Washington DC by CEO to introduce the work of One By One and the Dignity Project to the offices of senators in the White House, advocating for the importance of our prevention work.

Registered charity no. 1145034

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Year ended 31 December 2022

One by One Annual report and financial statements

Advocacy:

Trips:

Plans for future periods

Kenya: 2023

Pakistan: 2023

Registered charity no. 1145034

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One by One Annual report and financial statements

Year ended 31 December 2022

victims of modern day slavery.

Uganda 2023

Sri Lanka: 2023

Dignity Project: 2023

• Looking at ways we can expand our influence in UK schools (primary and secondary), to open up conversations around human trafficking – our intention is to target this work firstly in Rotherham, which is both where One By One is based in the UK and also has previously received negative media in the area of human trafficking too.

Advocacy 2023

• To create a church programme “Churches against trafficking” to mobilise churches to support the work of the charity.

Planned overseas trips: 2023

Structure, governance and management

The charity is operated under the rules of its Trust Deed which was adopted on 4th November 2011, with supplemental deed amendments in November 2021.

The Charity is governed by the Trustees who determine strategic direction and policy. Trustees meet once a quarter.

The day to day running of the Charity is carried out by the CEO and its employees, with assistance from trustees and volunteers.

Registered charity no. 1145034

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One by One Annual report and financial statements

As part of the trustees’ regular review of the charity’s governance structure, the trustees endeavour to ensure that the board structure remains optimal for the division of responsibilities, accountability and decision making. Taking into consideration the current size of the charity and its anticipated future growth, at their meeting on 30 March 2023 the trustees agreed and approved the separation of the roles and responsibilities of Chair of trustees and CEO. Consequently, from 30 March, Douglas Williams became the Chair of trustees and Rebecca Murray whilst remaining a trustee, will focus on the role of CEO.

The charity has close links with the American Non-profit One By One, which is a registered 501(c)(3) and is governed by Bylaws and overseen by a board of directors. The two organisations were both established by Rebecca Murray and both organisations work with the same purpose of achieving the main objectives of the charity which are for the public benefit.

Risk management

The trustees take the identification of operational, financial and reputational risk seriously. The trustees have put in place structures to ensure that the many and varied risks the Charity is exposed to are identified, addressed as appropriate and monitored effectively. The day—to—day running of the organisation, and therefore the identification, reporting and mitigation of risk is tasked to the CEO and the Executive Team. The Executive execute their responsibilities through a robust risk identification procedure which they continue to develop.

The significant risks identified during the year were;

• Safeguarding - The charity recognises the importance of ensuring that the appropriate procedures, policies and oversight are in place to ensure the health and safety of the young people in its care. A programme of training and awareness has been established and rolled out to Kenyan and Pakistani senior management during the year. In 2023, the UK One By One plans to join the Misconduct Disclosures Scheme as recommended by the Charities Commission.

• Global economy - There is a risk of reduction in income due to the impact of globally rising commodity prices and their impact on donors. Equally, governments are not immune from the global financial pressure, and there is concern that this could impact government aid spend. The executive team maintain a close watch on both the maintenance of existing income streams as well as the development of new ones.

• Programme quality - This is a constant risk, but especially so for a charity with plans and ambitions for expansion and development, both geographically and in programme depth and spread. The challenge to maintain and develop the quality of the charity´s programmes so they remain world-class is huge. In 2022, the charity has invested heavily in increasingly its sophistication in programme development and subsequent monitoring, evaluation and research; this investment will continue in 2023.

Financial review

The Charity achieved a surplus of £165,280 in the year (2021 – £233,179) resulting in total funds at the year-end of £823,443 (2021 - £658,163). Of the funds held at year end £569,919 (2021 - £376,716) were unrestricted as to use, and the Trustees are happy this level of reserves meets the reserves policy below

Reserves policy

The charity has an approved reserves policy for retaining the level of readily accessible funds within its unrestricted reserves to mitigate financial and operation risks, ensuring that the work of the charity is sustained with minimal disruption and where necessary to provide short term funding for new projects. The reserves policy is set out in note 10.

Restricted reserves represent income received but not yet expended in accordance with donors wishes. Some restricted donations are given to fund multi—period projects. These are recorded in the period when the donation is received or receivable.

The expenditure from restricted funds is recorded in the period when the funds are used for the restricted purpose. This means that in some accounting periods, there will be significant restricted reserves carried forward to future periods and in some accounting periods, there may be an excess of restricted expenditure over restricted funds received in that period. The Trustees will review the policy at least annually in order

Registered charity no. 1145034

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One by One

Year ended 31 December 2022

Annual report and financial statements

to consider the needs and appropriate size of designated reserves for specific future uses, as well as maintaining sufficient other unrestricted funds for contingency purposes.

Statement of board of trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. Charity law requires the Trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the excess of expenditure over income for that year. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity’s website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the Trustees confirm that they are happy that content of the annual review in pages 5 to 9 of this document meet the requirements of the Trustees’ Annual Report under charity law.

They also confirm that 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 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

This report was approved and authorised for issue by the Board of Trustees on 30 May 2023 and signed on its behalf by:

REBECCA MURRAY TRUSTEE

Registered charity no. 1145034

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Year ended 31 December 2022

One by One Annual report and financial statements

Independent examiner’s report

I report to the Trustees on my examination of the accounts of One by One (charity number 1145034) for the year ended 31 December 2022 as set out on pages 13 to 27.

Respective responsibilities of trustees and examiner

The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act). The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made.

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 the 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

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 I am qualified to undertake the examination because I am a fellow of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

Registered charity no. 1145034

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One by One Annual report and financial statements

Year ended 31 December 2022

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Haines Watts

Haines Watts (Jun 20, 2023 09:07 GMT+1)

BIANCA PERMAL FCA

FELLOW OF THE INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES

Dated: 20 June 2023

For and on behalf of Haines Watts (Berkhamsted) Limited 4 Claridge Court Lower Kings Road Berkhamsted Hertfordshire HP4 2AF

Registered charity no. 1145034

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Year ended 31 December 2022

One by One Annual report and financial statements

Statement of financial activities

For the year ended 31 December 2022

Notes
Income from:
Donations & legacies
3
Charitable activities
4
Other trading activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
5
Total expenditure
Net income/(expenditure)
Transfers between fund
Net movement in funds
Reconciliation of funds:
Total funds brought forward
10 & 11
Total funds carried forward
10 & 11		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2022
2022
2022
2021
£
£
£
£
512,085
188,125
700,210
540,241
7,900
-
7,900
(7,541)
5,376
-
5,376
2,896
571
-
571
15
525,932
188,125
714,057
535,611
12,993
-
12,993
8,403
319,736
216,048
535,784
294,029
332,729
216,048
548,777
302,432
193,203
(27,923)
165,280
233,179
-
-
-
-
193,203
(27,923)
165,280
233,179
376,716
281,447
658,163
424,984
569,919
253,524
823,443
658,163

The notes on pages 16 to 27 form part of the financial statements.

Registered charity no. 1145034

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One by One Annual report and financial statements

Year ended 31 December 2022

Balance sheet

As at 31 December 2022

Notes
Fixed assets
Tangible fxed assets
7
Current assets:
Debtors
8
Cash at bank and in hand
Total current assets
Creditors
Amounts falling due within
one year
9
Net current assets
Total net assets
Funds of the charity:
Restricted funds
10 & 11
Unrestricted
10 & 11
Designated
10 & 11
Unrestricted funds		 £
52,907
669,487		 Total
funds
2022
£
112,977



710,466		 £

11,734
539,183		 Total
funds
2021
£
112,977



545,186
722,394
(11,928)		 550,917
(5,731)
30,419
539,500


376,716
-
823,443 658,163
253,524


569,919		 281,447


376,716

823,443 658,163

The notes on pages 16 to 27 form part of the financial statements.

These financial statements were approved and authorised for issue by the Board of Trustees on 30 May 2023 and signed on their behalf by:

REBECCA MURRAY TRUSTEE

Registered charity no. 1145034

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Year ended 31 December 2022

One by One Annual report and financial statements

Statement of cash flows

For the year ended 31 December 2022

Cash fows from operating activities:
Net income/(expenditure) for period (as
per SOFA)
Adjustments for:
Investment income
(Increase)/decrease in prepayments
(Increase)/decrease in gift aid receivable
(Increase)/decrease in income receivable
Increase/(decrease)
in
accounts
payables
Increase/(decrease) in accruals
Increase/(decrease) in HMRC & pension
payable
Increase/(decrease) in pension payable
Increase/(decrease) in credit card
Net cash used in operating activities
Cash fows from investing activities:
Investment income
Net cash used in investing activities
Net cash used in fnancing activities
Change in cash and cash equivalents in
period
Cash and cash equivalents at the beginning
of the period
Cash and cash equivalents at
the end of the period		 £

(571)
(623)
(40,334)
(216)

6,621
1,298

407
92
(2,221)		 Total
funds
2022
£
165,280




(35,547)		 £

(15)
-
(2,342)
(573)
-
(726)
19
2,196		 Total
funds
2021
£
233,179




(1,441)
571
15
129,733

571
-		 231,738

15
-
130,304
539,183		 231,753
307,430
669,487 539,183

The notes on pages 16 to 27 form part of the financial statements.

Registered charity no. 1145034

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One by One Annual report and financial statements

Year ended 31 December 2022

Notes to the financial statements

1. Accounting policies

Basis of preparation of the financial statements

The financial statements have been prepared in accordance with ‘Charities SORP (FRS 102) - 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) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), including Update Bulletin 1, and relevant charities law.

The effect of any event relating to the year ended 31 December 2022, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 December 2022 and the results for the year ended on that date.

Legal status

One by One is a charitable trust registered in England & Wales, and meets the definition of a public benefit entity. The registered office is PO Box 762, Rotherham, S60 9JB.

Going concern

The financial statements have been prepared on the going concern basis as the Board of Trustees is confident that future reserves and future income is more than sufficient to meet current commitments. There are no material uncertainties that impact this assessment and the ongoing COVID-19 pandemic has had no material impact on this assessment.

Fund accounting

Unrestricted funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds are funds set aside by the trustees for specific purposes. The aim and use of each

desingated fund is set out in note 10 of the financial statements.

Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in note 10 of the financial statements.

Income

Income is recognised when the Charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.

Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable – i.e. when the eligible donation is received.

Trip contributions are credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless the contribution relates to a trip in a future year, in which case it is deferred.

Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.

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One by One Annual report and financial statements

1. Accounting policies (continued from previous page)

Expenditure and irrecoverable VAT (continued from previous page)

Grants to other organisations are recognised as expenditure when there is a legal or constructive obligation to make the grant. This is usually on receipt of the funding request from the relevant partner organisation.

Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated between activities proportionate to the direct costs incurred in those activities.

Irrecoverable VAT is charged against the category of expenditure for which it was incurred.

Tangible fixed assets and depreciation

Any assets costing more than £500 are capitalised. The only assets held are leasehold property which is valued at cost and subsequently revalued internally against similar properties in the geographical area on an annual basis and revalued by a relevant professional once every three to five years.

Cash at bank and in hand

Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount is applied.

Creditors

Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably.

Financial instruments

Basic financial instruments are measured at amortised cost other than investments which are measured at fair value.

Critical estimates and judgements

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The treatment of tangible fixed assets is sensitive to changes in useful economic lives and residual values of assets. These are reassessed annually.

In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

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One by One Annual report and financial statements

Year ended 31 December 2022

2. Comparative statement of fnancial activities

Notes
Income from:
Donations & legacies
3
Charitable activities
4
Other trading activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
5
Total expenditure
Net income/(expenditure)
Transfers between fund
Net movement in funds
Reconciliation of funds:
Total funds brought forward
10 & 11
Total funds carried forward
10 & 11		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2021
2021
2021
£
£
£
243,577
296,664
540,241
(7,541)
-
(7,541)
2,896
-
2,896
15
-
15
238,947
296,664
535,611
8,015
388
8,403
129,136
164,893
294,029
137,151
165,281
302,432
101,796
131,383
233,179
(5,000)
5,000
-
96,796
136,383
233,179
279,920
145,064
424,984
376,716
281,447
658,163

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One by One Annual report and financial statements

  1. Income from donations and legacies
Donations & other gifts
Sponsorship
Partnerships
Contribution from One by One US
Donations & other gifts
Sponsorship
Partnerships
Coronavirus Job Retention Scheme		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2022
2022
2022
£
£
£
450,134
29,879
480,013
-
134,965
134,965
23,172
23,281
46,453
38,779
-
38,779
512,085
188,125
700,210
Unrestricted
Restricted
Total
Funds
Funds
Funds
2021
2021
2021
£
£
£
212,656
134,591
347,247
-
138,539
138,539
12,528
23,534
36,062
18,393
-
18,393
243,577
296,664
540,241

4. Income from charitable activities

Team trip contributions
Team trip contributions		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2022
2022
2022
£
£
£
7,900
-
7,900
7,900
-
7,900
Unrestricted
Restricted
Total
Funds
Funds
Funds
2021
2021
2021
£
£
£
(7,541)
-
(7,541)
(7,541)
-
(7,541)

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One by One Annual report and financial statements

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5. Expenditure on charitable activities

Grants to One by One Kenya
Grants to Sri Lanka
Grants to Pakistan
Other grants & gifts
Programme development
Awareness
Staff costs
Consultants & professional fees
Travel & hospitality
Administrative costs
Governance costs
Grants to One by One Kenya
Grants to Pakistan
Other grants & gifts
Staff costs
Consultants & professional fees
Travel & hospitality
Administrative costs
Governance costs		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2022
2022
2022
£
£
£
-
11,689
11,689
-
308
308
-
133,396
133,396
-
38,248
38,248
120,053
-
120,053
51,200
-
51,200
171,253
183,641
354,894
61,617
-
61,617
28,604
32,407
61,011
31,520
-
31,520
18,961
-
18,961
7,781
-
7,781
319,736
216,048
535,784
Unrestricted
Restricted
Total
Funds
Funds
Funds
2021
2021
2021
£
£
£
-
70,400
70,400
-
87,991
87,991
6,000
6,502
12,502
6,000
164,893
170,893
43,666
-
43,666
48,100
-
48,100
20,220
-
20,220
9,170
-
9,170
1,980
-
1,980
129,136
164,893
294,029

An analysis of staff costs can be found in note 6.

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Year ended 31 December 2022

One by One Annual report and financial statements

5. Expenditure on charitable activities (continued from previous page)

Governance costs includes:

Staff costs
Gross salaries
Employer’s NIC
Employer’s pension
Independent examination
Accounts preparation
Strategic consultancy		 Total
Total
Funds
Funds
2022
2021
£
£
1,500
900
1,281
1,080
5,000
-
7,781
1,980
Total
Total
Funds
Funds
2022
2021
£
£
59,272
42,040
879
552
1,466
1,074
61,617
43,666

6. Staff costs

The average headcount during the year was 2 persons (2021 – 1).

No employee received employee benefits of more than £60,000 (2021 – Nil).

Total remuneration to key management personnel in the year was £51,388 (2021 - £47,697).

7. Tangible fxed assets

Cost
Balance brought forward as of 1 January 2022
Balance carried forward as of 31 December 2022		 Total
Leasehold
Funds
Property
2022
£
£
112,977
112,977
112,977
112,977

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One by One Annual report and financial statements

Year ended 31 December 2022

8. Debtors and prepayments

Accrued gift aid
Prepayments
Accrued interest		 Total
Total
Funds
Funds
2022
2021
£
£
52,068
11,734
623
-
216
-
52,907
11,734

9. Creditors: amounts falling due within one year

Trade creditors
Accruals
HMRC creditor
Pension creditor
Credit card		 Total
Total
Funds
Funds
2022
2021
£
£
6,621
-
3,278
1,980
1,302
895
318
226
409
2,630
11,928
5,731

Registered charity no. 1145034

22

Year ended 31 December 2022

One by One Annual report and financial statements

  1. Analysis of charity funds
Unrestricted funds
Unrestricted funds
Designated funds
General fund
Strategic plan
Designated funds
Unrestricted funds
Restricted funds
Dignity Project
Kenya
Bereavement support
Metro World Child
Pakistan
Afghanistan
Sri Lanka
Restricted funds
Total funds		 Funds
Income
Expenditure
Transfers
Funds
brought
for the
in the
in the
carried
forward
period
period
period
forward
2022
2022
2022
2022
2022
£
£
£
£
£
376,716
525,932
(332,729)
(539,500)
30,419
-
-
-
308,500
308,500
-
-
-
231,000
231,000
-
-
-
539,500
539,500
376,716
525,932
(332,729)
-
569,919
64,854
13,340
(60,035)
-
18,159
101,001
84,016
(22,198)
-
162,819
35
-
(35)
-
-
75
-
(75)
-
-
80,438
79,178
(133,396)
-
26,220
5,781
405
-
-
6,186
29,263
11,186
(309)
-
40,140
281,447
188,125
(216,048)
-
253,524
658,163
714,057
(548,777)
(539,500)
283,943

The trustees recognise the importance of establishing a reserves policy in line with the Charity Commission’s CC1 9 Charity Reserves: building resilience.

The Charity will keep under regular review the level of its reserves and its reserves policy and will review this policy at least annually. The Charity will continue to run its finances in an efficient and cost-effective manner with the objective of maintaining a balanced budget and to get the maximum value from Charity expenditures. However, the Charity recognises that there are inherent uncertainties in the budgeting process and that prudent financial management may require the maintenance of unrestricted reserves in certain circumstances.

The Charity has identified through a risk review process that it may have to hold reserves for designated purposes. The level of each designated reserve is reviewed on an annual basis. This is the first year of this policy and so there are no comparative figures.

Designated Strategic Plan Reserve

This reserve recognises that current operating income may not be available to explore new strategic opportunities involving new projects or programs in countries where the Charity already operates or in new parts of the world. This reserve may also be required to help fund the closure of existing projects or programs that no longer meet the goals of the Charity. The quantum of this reserve will be determined by specific items within the Charity’s strategic plans for growth and expansion. The Charity expects that items in this reserve to be utilised within two to three years of its creation.

Registered charity no. 1145034

23

One by One Annual report and financial statements

Year ended 31 December 2022

10. Analysis of charity funds (continued from previous page)

General Reserves

The Board reviews the financial risks facing the Charity and the financial needs of the Charity on a regular basis and in response creates reserves to offset these risks and/or meet the needs. The Charity needs to ensure that it has sufficient general reserves to meet its immediate liabilities and commitments such as salaries, rents and other committed expenditure, not covered by specific funding with restricted reserves.

The Trustees consider a reserve between three and six months cover is required.

These are held to further the Charity’s aims both in the UK and overseas, these aims are stated in the Objectives and activities section in the Trustee Report.

Dignity Project

These are donations received for the Dignity Project work internationally.

Kenya

These are donations received for the work in Kenya.

Bereavement support

These are donations received to support a local young community member bereaved as a result of COVID-19.

Metro World Child

These are donations received to support a new partnership with Metro World Child.

Pakistan

These are donations received for the work in Pakistan.

Afghanistan

These are donations received to support the ongoing humanitarian crisis in Afghanistan.

Sri Lanka

These are donations received for the various areas of work in Sri Lanka.

Registered charity no. 1145034

24

Year ended 31 December 2022

One by One Annual report and financial statements

10. Analysis of charity funds (continued from previous page)

Unrestricted funds
Restricted funds
Dignity Project
Kenya
Bereavement support
Metro World Child
Pakistan
Afghanistan
Sri Lanka
Restricted funds
Total funds		 Funds
Income
Expenditure
Transfers
Funds
brought
for the
in the
in the
carried
forward
period
period
period
forward
2021
2021
2021
2021
2021
£
£
£
£
£
279,920
238,947
(137,151)
(5,000)
376,716
51,269
15,101
(1,516)
-
64,854
75,674
95,727
(70,400)
-
101,001
-
36
(1)
-
35
75
-
(5,000)
5,000
75
-
168,656
(88,218)
-
80,438
-
5,927
(146)
-
5,781
18,046
11,217
-
-
29,263
145,064
296,664
(165,281)
5,000
281,447
424,984
535,611
(302,432)
-
658,163

Registered charity no. 1145034

25

One by One Annual report and financial statements

Year ended 31 December 2022

11. Analysis of charity assets

12. Analysis of net debt
Cash and cash equivelents
Cash at bank
Cash and cash equivelents
Cash at bank
Fixed assets
Current assets
Current liabilities
Fixed assets
Current assets
Current liabilities		 As at
1 Jan 2022
£
539,183		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2022
2022
2022
£
£
£
112,977
-
112,977
468,870
253,524
722,394
(11,928)
-
(11,928)
569,919
253,524
823,443
Unrestricted
Restricted
Total
Funds
Funds
Funds
2021
2021
2021
£
£
£
112,977
-
112,977
269,470
281,447
550,917
(5,731)
-
(5,731)
376,716
281,447
658,163
Other
As at
Cash fows
movements
31 Dec 2022

£
£
£

130,304
-
669,487
539,183
130,304
-
669,487
As at
1 Jan 2021
£
307,430		 Other
As at
Cash fows
movements
31 Dec 2021

£
£
£

231,753
-
539,183
307,430
231,753
-
539,183

Registered charity no. 1145034

26

Year ended 31 December 2022

One by One Annual report and financial statements

13. Trustee remuneration & expenses

During the previous two years, one Trustee, Rebecca Murray, received remuneration in her role as CEO as a paid employee of the Charity. Total remuneration during this period came to £51,388 as a staff member (2021 - £47,697).

This remuneration is permitted under the Trust Deed which constitutes the Charity, and Rebecca was not involved in the decision-making process around either her employment or remuneration.

No other Trustees received remuneration or reimbursement of expenses during either the current or prior year.

Total donations from trustees in the year amounted to £1,303 (2021: £4,322). All honorariums received by the CEO for speaking engagements are donated back to the charity.

14. Related party transactions

Expand Consultancy is a limited company owned and run by Matthew Murray, husband of Rebecca Murray and provides PR, fundraising and media consultancy services for One By One. Expand Consultancy Limited received £8,000 for services provided during the year (2021: £Nil).

There were no other related party transactions in either the current or prior year.

Registered charity no. 1145034

27

nebyone