REGISTERED CHARITY NUMBER: 1145034
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2025
for One By One
Enigma Accountants Ltd Office B5, Croft Myl West Parade Halifax West Yorkshire HX1 2EQ
One By One
Contents of the Financial Statements for the Year Ended 31 December 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 8 |
| Independent Examiner's Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Cash Flow Statement | 12 |
| Notes to the Cash Flow Statement | 13 |
| Notes to the Financial Statements | 14 to 22 |
| Detailed Statement of Financial Activities | 23 to 24 |
One By One
Report of the Trustees
for the Year Ended 31 December 2025
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's objects are:-
1) to relieve poverty and sickness and to promote and preserve good health by the provisions of goods and services of any kind as the Trustees from time to time may think fit.
2) to relieve persons who are trafficked, exploited or enslaved or, have been or are at risk of being trafficked, exploited or enslaved.
3) to advance the education of the public regarding people trafficking and slavery in particular but not exclusively through congresses, seminars, fora and publications.
4) to advance education that will lead to the prevention of vulnerable people from being trafficked, exploited or enslaved in such ways as the Trustees from time to time may think fit.
5) to support the advancement of the Christian religion and ethos through partnerships with local churches and other NGOs.
6) to promote such other charitable purposes as the Trustees from time to time may think fit.
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One By One
Report of the Trustees for the Year Ended 31 December 2025
OBJECTIVES AND ACTIVITIES
Significant activities
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.
Here follows a summary of the highlights of the activities of the Charity which demonstrate this.
Main activities in Kenya:
King's Education Centre is run in conjunction with our implementation partner to provide quality education for all children in our care, meeting needs of all young people whilst also working as a prevention mechanism - research suggests that the lack of access to quality education exacerbates vulnerabilities and puts children more at risk of human trafficking.
Since 2024 marked the end of national primary school examinations in Kenya, it meant all the focus was on Kings Secondary School in 2025 and the national Kenya Certificate of Secondary Education examination results. Another solid year was recorded with some outstanding individual performances. Our highest performing student achieved a mean grade of a B+, meaning she ranked in the top 3.55% of all students completing the exams nationally. The highest performing boy at Kings achieved a B mean grade, meaning he achieved in the top 8.61% of students nationally. A further four students achieved a mean grade of a B- or C+, scoring in the top 27% of students nationally. Over 90% of our students scored a D+ or higher. Overall, Kings Secondary School ranked 8th out of 30 schools in Butula sub-county, and 23rd out of 103 schools in Busia county.
All children have re-integrated in family centred care. The social work team continue to carry out home visits as well as holding parenting classes planned for upcoming years to ensure safe environments for every child.
In March 2025 the UK Trustees met with the board of King's Kenya (the implementation partner) to discuss safeguarding and the timescales around the reporting of any serious incidents. Thankfully since this time we have seen great improvements in policy and protocols being followed correctly as well as safeguarding being prioritised by all.
Main activities in Pakistan:
Safe House
The children once impacted by bonded labour in One By One's safe house continue to thrive. Staff have commented on how the children love being in a safe and healthy environment, where they can enjoy simply being themselves. Their weekly games nights are their favourite activities. This is a stark contrast from the 14-hour days some of them were working in brick factories under the most brutal conditions. There are 85 children living in our South Asia safe house, rescued from modern-day slavery and given access to education providing them with hope of a better future.
Brick factory outreach
During 2025 we were able to continue to run weekly outreach programmes into 65 brick factories and regularly reach up to 1,500 children. This is often the highlight of the week for children still trapped in brick kilns. Extreme weather conditions affected our ability to provide some of these sessions, and some ran with reduced attendance meaning our average weekly attendance for the year was 1,329 children.
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One By One
for the Year Ended 31 December 2025
Report of the Trustees
OBJECTIVES AND ACTIVITIES
Main activities in Uganda:
Mercy Centre
Our brand new Mercy centre, located in Jinja, opened its doors in May 2025. It provides shelter to girls, aged 7-17 years, rescued out of human trafficking.
We have recruited 16 staff in total made up of management staff, social workers, counsellor, educator, cooks, matrons and security.
We have a long-term tenancy agreement on the property which has both high secure boundaries walls, a small farm area, and One By One has installed security cameras to ensure the centre is safe and secure.
From May to Dec 2025 the Mercy centre received a total of 37 girls, of which 27 have gone through our programme and have been reintegrated back into family centred care. The girls are referred to the Mercy centre staff by police or local authorities and then a care order is granted by the probation officer.
The average age of the 37 girls admitted to Mercy Centre so far is 12 years 2 months.
The average distance from Jinja that the 37 girls have been trafficked from is 42 miles.
Our programme at the Mercy centre consists of medical care for physical harm done during their time in trafficking, educational catch up classes covering basic literacy and numeracy skills as well as lifestyle classes that cover sewing, farming, hair braiding, jewellery and soap making and other skills that could help provide the girls with other skills in later life too, all in an effort to ensure she is not re-exploited again in her future.
However, the two most critical parts of our programmatic work in the Mercy centre is:
1) Counselling and trauma therapy.
Each week every girl has a one of one session with a qualified counsellor who does Cognitive Behavioural Therapy with the girls. Each child has a baseline assessment upon admission to the MC measuring symptom severity for anxiety/depression/trauma using internationally validated instruments to ensure reliable measurement: (Beck Anxiety Inventory (BAI), Beck Depression Inventory (BDI) and Child PTSD Symptom Scale (CPSS))
In addition, we also incorporate other trauma therapy techniques such as art therapy, play therapy and group therapy work with the girls. Our aim is to work through their trauma in a safe environment so that healing can begin. We also want to equip every girl with coping strategies such as grounding and breathing techniques that they can use both during their time at the Mercy centre, but also once they are re-integrated back into the community so that they are equipped to deal with triggers long into their future.
Of the children that have completed their midline assessment as part of their counselling pro-gramme, they were showing a 45% average improvement on the scales to measure anxiety/depression/trauma.
2) Safe re-integration.
The second main priority for our Mercy Centre staff is working on safe reintegration. As soon as a girl is referred to the Mercy centre our team of social workers begin the family tracing. Once her biological family is found we then work closely with the local community (made up of the child's wider family, the local chairperson (known locally as the LC), local police, parasocial workers, as well as the localities probation officer and para-legals where appropriate). This is done to ensure any family that the child is placed back with is safeguarded to prevent further exploitation or abuse. Wherever biological family is available and safe, this is the preferred re-integration plan. However, if this is not possible then foster placements are then considered.
Our social workers do several visits before reintegration, and then following re-integration each child is followed up on for the following 18 months to ensure she continues to be safe and back in education etc.
The impact of the Mercy centre, even within its first seven months of operating, has been noted by local government agencies within the community of Jinja.
Uganda Prevention work
Meanwhile our prevention team is still working hard to prevent more children from being lured into the traps of human trafficking. In 2025 they had the following highlights:
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One By One
Report of the Trustees for the Year Ended 31 December 2025
OBJECTIVES AND ACTIVITIES
-
Reached a total of 2,447 children across Jinja with the Dignity Project (our trafficking prevention programme).
-
552 influential local leaders (elected village leaders, community health trainers, motorcycle taxi leaders, stage leaders, women's savings group leaders) have participated in Community Conversations in 2025.
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Professionals from 7 medical institutions (hospitals, clinics, and village health centres) and 22 schools went through our Trafficking Prevention training programme.
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67 community parasocial workers also completed our Trafficking Prevention training programme.
Dignity Project:
The Dignity Project is One By One's trafficking prevention programme which:
1) Equips girls with reusable sanitary products (enabling the girl child to remain in education every week of the month by tackling period poverty).
2) Educates children on human trafficking and the common tactics used by traffickers.
3) Empowers girls to know their human rights and speak up to report injustice and abuse.
In 2025 we ran several Dignity Project events, mostly across Africa and Asia. This was predominantly in school settings. The figures:
Jan 2025 - 48 children in Rotherham, England (across two six form colleges) Jan 2025 - 1090 in Sri Lanka Feb 2025 - 86 in Philippines Feb 2025 - 932 in Kenya March 2025 - 42 in Sri Lanka March 2025 - 370 in Uganda May 2025 - 835 in Sri Lanka June 2025 - 567 in Uganda June 2025 - 340 in Kenya July 2025 - 70 in Canada July 2025 - 350 in Uganda August 2025 - 512 in Uganda August 2025 - 30 in Canada October 2025 - 648 in Uganda October 2025 - 50 in Sri Lanka December 2025 - 32 in Kenya
The total reached in 2025 was 6,002, taking the overall total reached by the initiative to 50,945 lives across 5 continents - Europe, North America, South America, Africa and Asia.
Advocacy:
CEO Becky Murray and other speakers in UK, USA and Canada held several meetings with church leaders to raise awareness on the growing issue of human trafficking and modern-day slavery.
CEO and other spokespeople represented the charity in national and local media, promoting the charity's work on TV, radio, online and in print.
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One By One
Report of the Trustees for the Year Ended 31 December 2025
FINANCIAL REVIEW
Financial position
During the year ended 31 December 2025, the Charity generated total income of £619,626 and achieved a net surplus of £38,913. This positive result reflects the continued generosity of supporters and the strength of the Charity's diversified income base, including monthly giving, sponsorship, general donations, Gift Aid recovery and fundraising initiatives.
The Charity continues to demonstrate strong financial stewardship. At 31 December 2025, total net assets stood at £747,844, including £629,494 held in cash and bank balances. Net current assets were £620,844, providing a solid liquidity position and ensuring that programme commitments can be met with confidence.
During the year, substantial investment was made into international programme delivery, including grant funding to Pakistan, Uganda and Sri Lanka. In particular, restricted reserves of £181,650 have been established for the Mercy Centre, positioning the Charity strongly for continued programme development and impact in 2026.
The Trustees are pleased that the Charity has strengthened its overall reserves position while continuing to invest meaningfully in programme delivery, infrastructure and fundraising capacity. This balance between impact and sustainability remains central to the Charity's financial strategy.
Reserves policy
The Charity maintains an approved reserves policy designed to ensure financial resilience, operational continuity and responsible growth.
At the year end, the Charity held a combination of unrestricted, designated and restricted reserves totalling £738,922. Designated funds include the Unrestricted Fund and Strategic Plan Fund, established to support ongoing operational stability and future development. Restricted reserves are held in accordance with donor intentions and are applied strictly to their designated purposes.
The Trustees aim to maintain unrestricted free reserves equivalent to between three and six months of operating expenditure. Based on the year-end position, the Trustees are satisfied that reserves are at an appropriate and prudent level to manage financial risk while enabling continued programme growth.
The reserves position is reviewed annually to ensure it remains aligned with the Charity's scale, commitments and strategic ambitions.
Going concern
The accounts have been prepared on a going concern basis as the Charity has sufficient funds to meet its liabilities as they fall due and expenditure is not authorised unless sufficient funds are in place.
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One By One
Report of the Trustees for the Year Ended 31 December 2025
FUTURE PLANS
Our goals for 2026 include:
Kenya: 2026
-
To reach over 1,000 girls with the Dignity Project in Kisumu city, Busia, and Butula county.
-
Continue the funding of King's Education Centre which supports vulnerable children with education and meals.
Pakistan: 2026
- To continue funding the safe house and outreach projects into brick factories.
Uganda 2026
-
Continue running the Mercy Centre - a crisis centre for girls aged 7-17 rescued out of human trafficking, bringing counselling and support for family reintegration.
-
To continue running the Dignity Project throughout local schools and with community leaders.
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To continue Community Conversations where we gather local leaders to talk about how we can all play a part in identifying and ending human trafficking in our locality.
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To continue training programmes for health professionals to identify signs of patients who could be victims of modern-day slavery.
-
Where possible to recommence training local police departments - this is currently on hold whilst the Ugandan authorities aim to centralise their training.
Sri Lanka: 2026
- To continue all seven sewing centres and ensure they are benefitting widows and their families.
(these are now self-sufficient and no longer need oversight from One By One teams).
- To run a Dignity Project event through schools using the local team trained up in 2024 and 2025.
Dignity Project: 2026
-
To explore expansion into Nepal.
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Look at ways we can expand our influence in UK/USA/Canada.
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To continue reaching more girls in Kenya, Uganda and Pakistan via our local teams.
Advocacy 2026
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To continue raising awareness through media outlets.
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To build relationships with politicians and governments.
-
To raise awareness amongst church groups and community settings.
Looking ahead to 2026, the Trustees intend to build upon the Charity's strong financial foundation. Work is underway to explore additional income opportunities, broaden donor engagement and develop new funding streams to support both existing programmes and future expansion. The Trustees remain committed to maintaining prudent reserves while enabling responsible and sustainable growth in impact.
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One By One
Report of the Trustees for the Year Ended 31 December 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is operated under the rules of its Trust Deed which was adopted on November 4 2011, with supplemental deed amendments in November 2021.
In 2025, One By One International Limited (company number 15978213) became a corporate Trustee of the charity. All the current Trustees of the charity One By One therefore resigned from the charity board and became directors of the company instead.
This was all approved through the Charity Commission and processed by Wrigleys Solicitors LLP. Therefore, the sole trustee is now the corporate trustee - One By One International Limited.
The Charity is governed by the corporate trustee, which is directed by the previous Trustees. The directors meet once a quarter. The day today running of the Charity is carried out by the CEO and its employees, with assistance from trustees, volunteers and external consultants.
The charity has close links with the American non-profit One By One, which is a registered 501(c)(3) and is governed by Byelaws 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 seriously their responsibility for identifying, assessing and managing risk. Financial oversight has continued to strengthen during the year, particularly in light of the establishment of One By One International Limited as sole corporate trustee.
The Charity benefits from strong liquidity, diversified income streams and structured financial monitoring processes. The Executive Team continues to review operational, safeguarding and financial risks regularly, reporting to Trustees as appropriate.
The significant risks identified during the year were:
Safeguarding - The Charity recognises the importance of ensuring that appropriate procedures, policies and oversight are in place to protect the young people in its care. Ongoing safeguarding training continues to be delivered to implementation partners and global staff to maintain high standards and compliance.
Global economic pressures - Rising global costs and economic uncertainty may impact donor capacity and institutional funding levels. The Trustees continue to monitor income trends closely and are actively developing diversified funding streams to mitigate this risk.
Programme growth and quality assurance - As the Charity continues to expand its programmes, maintaining consistent quality, governance and impact measurement remains a priority. Investment in monitoring, evaluation and programme development will continue into 2026 to ensure standards remain strong.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1145034
Principal address
PO Box 762 Rotherham S60 9JB
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One By One
Report of the Trustees for the Year Ended 31 December 2025
Trustees
One by One International Limited D Williams Chairperson (resigned 25.6.2025) L J Benting (resigned 25.6.2025) G Thomas (resigned 25.6.2025)
Independent Examiner
T A Kelliher ACA Enigma Accountants Ltd Office B5, Croft Myl West Parade Halifax West Yorkshire HX1 2EQ
CEO
Rebecca Murray
Bank
HSBC Bank plc PO Box 6201 Coventry CV3 9HW Approved by order of the board of trustees on ............................................. and signed on its behalf by: 27/07/2026
............................................................................... D Williams - Trustee
Page 8
Independent Examiner's Report to the Trustees of One By One
Independent examiner's report to the trustees of One By One
I report to the charity trustees on my examination of the accounts of One By One (the Trust) for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
T A Kelliher ACA
The Institute of Chartered Accountants in England and Wales
Enigma Accountants Ltd Office B5, Croft Myl West Parade Halifax West Yorkshire HX1 2EQ
Date: .............................................
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One By One
Statement of Financial Activities
for the Year Ended 31 December 2025
Unrestricted funds funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 332,359 Other trading activities 3 9,487 Investment income 4 13,428 Other income - Total 355,274 EXPENDITURE ON Raising funds 5 46,950 Charitable activities 6 Programmatic costs 121,478 Administrative costs 12,281 Governance costs 8,736 Total 189,445 NET INCOME/(EXPENDITURE) 165,829 Transfers between funds 14 (158,370) Net movement in funds 7,459 RECONCILIATION OF FUNDS Total funds brought forward 484,194 TOTAL FUNDS CARRIED FORWARD 491,653 |
Restricted funds £ 226,443 3,409 - 34,500 264,352 1,028 387,399 2,841 - 391,268 (126,916) 158,370 31,454 224,737 256,191 |
|---|---|
The notes form part of these financial statements
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One By One
Balance Sheet
31 December 2025
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Investment property 11 127,000 - CURRENT ASSETS Debtors 12 11,292 - Cash at bank 373,303 256,191 384,595 256,191 CREDITORS Amounts falling due within one year 13 (19,942) - NET CURRENT ASSETS 364,653 256,191 TOTAL ASSETS LESS CURRENT LIABILITIES 491,653 256,191 NET ASSETS 491,653 256,191 FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
31.12.25 Total funds £ 127,000 11,292 629,494 640,786 (19,942) 620,844 747,844 747,844 491,653 256,191 747,844 |
31.12.24 Total funds £ 127,000 33,034 590,615 623,649 (41,718) 581,931 708,931 708,931 484,194 224,737 708,931 |
|---|---|---|
27/07/2026
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. L J Benting - Trustee
The notes form part of these financial statements
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One By One
Cash Flow Statement
for the Year Ended 31 December 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by/(used in) operating activities Cash flows from investing activities Interest received Net cash provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
31.12.25 £ 25,451 25,451 13,428 13,428 38,879 590,615 629,494 |
31.12.24 £ (57,197) (57,197) 20,276 20,276 (36,921) 627,536 590,615 |
|---|---|---|
The notes form part of these financial statements
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One By One
Notes to the Cash Flow Statement
for the Year Ended 31 December 2025
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| 31.12.25 | 31.12.24 | ||
|---|---|---|---|
| £ | £ | ||
| Net income for the reporting period (as per the Statement of Financial | |||
| Activities) | 38,913 | 51,600 | |
| Adjustments for: | |||
| Interest received | (13,428) | (20,276) | |
| Decrease/(increase) in debtors | 21,742 | (12,685) | |
| Decrease in creditors | (21,776) | (75,836) | |
| Net cash provided by/(used in) operations | 25,451 | (57,197) | |
| ANALYSIS OF CHANGES IN NET FUNDS | |||
| At 1.1.25 | Cash flow | At 31.12.25 | |
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | 590,615 | 38,879 | 629,494 |
| 590,615 | 38,879 | 629,494 | |
| Total | 590,615 | 38,879 | 629,494 |
2. ANALYSIS OF CHANGES IN NET FUNDS
The notes form part of these financial statements
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One By One
Notes to the Financial Statements
for the Year Ended 31 December 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, 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 - ie 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
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
2. DONATIONS AND LEGACIES
| 2. DONATIONS AND LEGACIES |
|||
|---|---|---|---|
| Donations Sponsorship Partnerships 3. OTHER TRADING ACTIVITIES Flat rent received Other trading activities 4. INVESTMENT INCOME Investments 5. RAISING FUNDS Raising donations and legacies Processing fees Fundraising |
31.12.25 £ 497,880 60,922 - 558,802 31.12.25 £ 8,925 3,971 12,896 31.12.25 £ 13,428 31.12.25 £ 5,531 42,447 47,978 |
31.12.24 £ 500,587 80,433 825 581,845 31.12.24 £ 8,275 2,779 11,054 31.12.24 £ 20,276 31.12.24 £ 6,890 45,320 52,210 |
|
| 52,210 |
continued...
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One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
6. CHARITABLE ACTIVITIES COSTS
| Programmatic costs Administrative costs Governance costs 7. GRANTS PAYABLE Programmatic costs |
Direct Costs £ 440,526 15,122 8,736 464,384 |
Grant funding of activities (see note 7) £ 68,351 - - 68,351 31.12.25 £ 68,351 |
Totals £ 508,877 15,122 8,736 532,735 31.12.24 £ 118,041 |
|---|---|---|---|
8. TRUSTEES' REMUNERATION AND BENEFITS
Rebecca Murray, received remuneration in her role as CEO of the Charity. She resigned as a Trustee on 18/1/2024.
No Trustees receive remuneration or other benefit for their work with the charity but can be reimbursed for expenses incurred on behalf of the Charity.
9. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| 31.12.25 | 31.12.24 | |
| £ | £ | |
| Wages and salaries | 73,179 | 78,557 |
| Social security costs | 2,955 | 4,811 |
| Other pension costs | 3,502 | 3,646 |
| 79,636 | 87,014 | |
| The average monthly number of employees during the year was as follows: | ||
| 31.12.25 | 31.12.24 | |
| Employees | 3 | 3 |
No employees received emoluments in excess of £60,000.
Total remuneration to key management personnel in the year was £63,628 (2024 - £59,301).
continued...
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One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|||
|---|---|---|---|
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 273,846 Other trading activities 9,123 Investment income 20,276 Other income - Total 303,245 EXPENDITURE ON Raising funds 49,321 Charitable activities Programmatic costs 135,468 Administrative costs 12,534 Governance costs 15,527 Total 212,850 NET INCOME/(EXPENDITURE) 90,395 Transfers between funds (173,410) Net movement in funds (83,015) RECONCILIATION OF FUNDS Total funds brought forward 567,207 TOTAL FUNDS CARRIED FORWARD 484,192 11. INVESTMENT PROPERTY FAIR VALUE At 1 January 2025 and 31 December 2025 NET BOOK VALUE At 31 December 2025 At 31 December 2024 |
Restricted funds £ 307,999 1,931 - 18,200 328,130 2,889 356,875 6,964 197 366,925 (38,795) 173,410 134,615 90,124 224,739 |
Total funds £ 581,845 11,054 20,276 18,200 631,375 52,210 492,343 19,498 15,724 579,775 51,600 - 51,600 657,331 708,931 £ 127,000 127,000 127,000 |
Total funds £ 581,845 11,054 20,276 18,200 |
| 631,375 | |||
| 52,210 492,343 19,498 15,724 |
|||
| 579,775 | |||
| 51,600 - |
|||
| 51,600 657,331 |
|||
| 708,931 |
continued...
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One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
11. INVESTMENT PROPERTY - continued
Fair value at 31 December 2025 is represented by:
| Fair value at 31 December 2025 is represented by: | |
|---|---|
| Valuation in 2023 Cost |
£ 14,023 112,977 |
| 127,000 |
If investment property had not been revalued it would have been included at the following historical cost:
| 31.12.25 | 31.12.24 | |
|---|---|---|
| £ | £ | |
| Cost | 112,977 | 112,977 |
Investment property was valued on an open market basis on 31 December 2024 by the Trustees.
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
13.
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 31.12.25 | 31.12.24 | |
| £ | £ | |
| Other debtors | 1,468 | 4,745 |
| Accrued gift aid | 7,680 | 5,369 |
| Accrued interest | 1,242 | 2,329 |
| Prepayments | 902 | 20,591 |
| 11,292 | 33,034 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.12.25 | 31.12.24 | |
| £ | £ | |
| Trade creditors | 334 | 1,464 |
| Other creditors | 19,608 | 40,254 |
| 19,942 | 41,718 |
continued...
Page 18
One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
14. MOVEMENT IN FUNDS
| Unrestricted funds General fund Unrestricted funds Strategic funds Restricted funds Dignity Project Kenya Pakistan Sri Lanka Uganda Rwanda Mercy Centre TOTAL FUNDS |
Net movement At 1.1.25 in funds £ £ 123,168 - 245,106 165,829 115,920 - 484,194 165,829 6,419 (16,393) 25,666 27,978 - (117,448) 13,646 7,251 - (27,795) - (3,153) 179,006 2,644 224,737 (126,916) 708,931 38,913 |
Transfers between funds £ (123,168) (35,202) - (158,370) 9,974 - 117,448 - 27,795 3,153 - 158,370 - |
At 31.12.25 £ - 375,733 115,920 491,653 - 53,644 - 20,897 - - 181,650 256,191 747,844 |
|---|---|---|---|
Net movement in funds, included in the above are as follows:
| Unrestricted funds Unrestricted funds Restricted funds Dignity Project Kenya Pakistan Sri Lanka Uganda Rwanda Mercy Centre TOTAL FUNDS |
Incoming resources £ 355,274 13,185 91,250 42,990 9,738 - - 107,189 264,352 619,626 |
Resources Movement expended in funds £ £ (189,445) 165,829 (29,578) (16,393) (63,272) 27,978 (160,438) (117,448) (2,487) 7,251 (27,795) (27,795) (3,153) (3,153) (104,545) 2,644 (391,268) (126,916) (580,713) 38,913 |
|---|---|---|
continued...
Page 19
One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Unrestricted funds Strategic funds Restricted funds Dignity Project Kenya Pakistan Afghanistan Sri Lanka Uganda Rwanda Mercy Centre TOTAL FUNDS |
Net movement At 1.1.24 in funds £ £ 308,499 2,330 120,188 88,067 138,520 - 567,207 90,397 10,347 (3,928) 19,564 6,102 - (97,458) 6,186 (6,186) 54,027 (40,381) - (43,881) - (9,471) - 156,406 90,124 (38,797) 657,331 51,600 |
Transfers between funds £ (187,661) 36,851 (22,600) (173,410) - - 97,458 - - 43,881 9,471 22,600 173,410 - |
At 31.12.24 £ 123,168 245,106 115,920 484,194 6,419 25,666 - - 13,646 - - 179,006 224,737 708,931 |
|---|---|---|---|
continued...
Page 20
One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
14. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Unrestricted funds Restricted funds Dignity Project Kenya Pakistan Afghanistan Sri Lanka Uganda Rwanda Mercy Centre TOTAL FUNDS |
Incoming resources £ 2,327 300,918 303,245 10,944 64,758 49,309 - 23,063 726 324 179,006 328,130 631,375 |
Resources Movement expended in funds £ £ 3 2,330 (212,851) 88,067 (212,848) 90,397 (14,872) (3,928) (58,656) 6,102 (146,767) (97,458) (6,186) (6,186) (63,444) (40,381) (44,607) (43,881) (9,795) (9,471) (22,600) 156,406 (366,927) (38,797) (579,775) 51,600 |
|---|---|---|
The Trustees recognise the importance of establishing a reserves policy in line with the Charity Commission`s CC19 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 the 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.
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 items in this reserve to be utilised within two to three years of its creation.
continued...
Page 21
One By One
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
14. MOVEMENT IN FUNDS - continued
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 policy of between three and six months of expenditure 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.
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.
Uganda
These are donations received for the various areas of work in Uganda.
Rwanda
These are donations received for the various areas of work in Rwanda.
15. RELATED PARTY DISCLOSURES
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 £38,000 (2024 £46,450) for services provided during the year. In addition, Matthew Murray was paid £12,900 (2024: £4,200) for PR, fundraising and consultancy services. No monies were outstanding at the year end.
Total donations from Trustees (and their related parties) in the year amounted to £6924 (2024 - NIL) and donations of £60 (2024 £26) were made by Matthew Murray (husband of CEO).
All honorariums received by the CEO for speaking engagements are donated directly to the Charity.
In September 2024 a new company was formed - One By One International Limited - to act as a corporate trustee for the charity. The 3 directors of the company are also the former trustees of the charity. The company was dormant as at 31 December 2025.
Page 22
One By One
Detailed Statement of Financial Activities
for the Year Ended 31 December 2025
| 31.12.25 | 31.12.24 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 497,880 | 500,587 |
| Sponsorship | 60,922 | 80,433 |
| Partnerships | - | 825 |
| 558,802 | 581,845 | |
| Other trading activities | ||
| Flat rent received | 8,925 | 8,275 |
| Other trading activities | 3,971 | 2,779 |
| 12,896 | 11,054 | |
| Investment income | ||
| Investments | 13,428 | 20,276 |
| Other income | ||
| Team trip contributions | 34,500 | 18,200 |
| Total incoming resources | 619,626 | 631,375 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Processing fees | 5,531 | 6,890 |
| Fundraising | 42,447 | 45,320 |
| 47,978 | 52,210 | |
| Charitable activities | ||
| Wages | 73,179 | 78,557 |
| Social security | 2,955 | 4,811 |
| Pensions | 3,502 | 3,646 |
| Programme development | 191,386 | 150,810 |
| Awareness | 74,643 | 83,849 |
| Travel & hospitality | 24,734 | 19,598 |
| Insurance | 628 | 430 |
| Marketing & website | 2,627 | 6,284 |
| Telephone | 939 | 822 |
| Carried forward | 374,593 | 348,807 |
This page does not form part of the statutory financial statements
Page 23
One By One
| Charitable activities Brought forward Consultants & professional fees Subscriptions Software Property costs Sundry expenses Postage and stationery Bookkeeping Bank charges Legal and professional fees Accountancy Independent examination Grants paid Total resources expended Net income |
Detailed Statement of Financial Activities for the Year Ended 31 December 2025 31.12.25 31.12.24 £ £ 374,593 348,807 66,933 26,600 258 147 2,745 2,302 2,990 2,089 309 - 1,585 2,419 5,906 10,029 329 1,407 5,856 13,024 1,380 1,200 1,500 1,500 68,351 118,041 532,735 527,565 580,713 579,775 38,913 51,600 |
|---|---|
This page does not form part of the statutory financial statements
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This page does not form part of the statutory financial statements
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