DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 Charity Registration No. 1147505
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE CONTENTS Page Trustees, Annual Report Independent Examinerfs Report Statement of Financial Activities Balants Sh&t Notes to the Financial Statements
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2026 The trustees are pleased to present their annual report for the year ended 31st March 2026. The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102) (effective 1 st January 2019). OBJECTIVES AND ACTIVITIES Be One is a group of people committed to making a dent in global inequality through collective giving. Each individual contributes an affordable monthly donation which, combined, funds a lrfe-changing project for people living in the world's most marginalised communities. Be One runs a 1000/0 funding model, ensuring that all public donations go directly to our carefully chosen NGO partners for project work. A core neOrk of businesses and individuals generously covers operational costs, enabling us to sustain this transparent and impactful model. Our donors receive monthly updates explaining how their contributions are making a difference. These reports demonstrate how their combined generosity has enabled us to support transformative, sustainable projects worldwide. Public Benefit We have referred to the guidan contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. ACHIEVEMENTS AND PERFORMANCE During the 2025126 financial year, Be One continued to support practical, community-led solutions to poverty and inequality through monthly grants to carefully selected charity partners. Through collective giving, our members funded projects focused on education, health, sustainable livelihoods, food security, environmental protection and climate resilience across Africa and Asia. April 2025- Supporting Cocoa Farmers in Ghana Partner.. Lorna Young Foundation £3,382.00 helped 10,000 cocoa farmers strengthen their voices through Farmers. Radio programmes. May 2025- Sustainable Transport in Malawi Partner.. Re-cycle £4,831.88 funded 164 bicycles, improving access to education, healthcare and employment opportunities for an estimated 984 people. June 2025- Forest Restoration in Madagascar Partner.. Chester Zool Madagasikara Voakajy £3,761.13 supported forest restoration and sustainable livelihoods, benefiting approximately 600 households.
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2026 July 2025 - Education in Ghana Partner.. Eduspots £3,672.74 provided African Storybooks and literacy resources to support 3,000 children in rural communities. August 2025 - Menstrual Health and Inclusion in Uganda Partner.. Irise International £3,549.13 helped 1,000 girls with disabilities access menstrual health education and support. September 2025 - School Meals in Malawi Partner.. Mary's Meals £3,678.81 provided a year of school meals for 203 children, helping improve attendan and educational outcomes. October 2025 - Healthcare in Chad Partner.. ALIMA £3,602.66 contributed towards the development of a climate-resilient hospital, improving access to healthcare for approximately 25,000 people. November 2025- Sustainable Livelihoods in Rwanda Partner.. Chance for Childhood £3,453.46 supported 470 families through a pig farming programme designed to improve long-term household income and resilience. December 2025- Clean Cooking in Kenya Partner.. Friends of Kipkelion £3,361.08 trained stove installers and expanded aCsS to cleaner cooking methods, benefiting around 900 people. January 2026 - Food Security in Sudan Partner.. Kids for Kids £3,132.12 helped provide food support and agricultural resources for 140 families in Darfur. February 2026- Digital Education in Ghana Partner.. To Live In Hope £3,155.31 funded the creation of an IT suite, providing digital learning opportunities for 4,913 students. March 2026 - Climate-Resilient Farming in India Partner.. Action Village India £3,336.73 supported sustainable farming initiatives designed to improve food security and livelihoods for approximately 2,500 people. Across the year, Be One awarded grants totalling £45,917.05 to projects operating in Chad, Ghana, India, Kenya, Madagascar, Malawi, Rwanda, Sudan and Uganda. These projects addressed a wide range of challenges including education, healthcare, food security, environmental sustainability, menstrual health, clean cooking and economic empowerment. Every grant funded during the year was selected through Be One's monthly member-led giving model, ensuring that supporters could see the direct impact of their contributions.
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2026 The trustees remain grateful to our members, operational supporters and charity partners whose continued commitment enables Be One to deliver practical and measurable change in communities around the world. Our Commitment to Partnership and Sustainability Since our founding in 2011, Be One has sought out the most efficient and effective NGO partners to ensure that donations deliver maximum impact. By working with experienced organisations on the ground, we fund sustainable solutions that build resilience in underserved communities. Our supporters have helped provide clean water, health care, education, nutritious meals, mosquito nets, small business loans, solar lights, and more,. directly reaching hundreds of thousands of individuals. Be One is proud to connect a growing community of donors with opportunities to make a lasting difference. We look fomard to continuing this journey and expanding the reach of our collective impact. FINANCIAL REVIEW Total income for the year was £48,259 (2025: £54,073) of which £41,572 (2025: £46,888), related to funding for projects upon which restrictions are placed. Total expenditure for the year was £51,763 (2025.. £54,024), leaving a deficit for the year of £3,504 {2025.' surplus £49). At 31st March 2026 the charity's reserves stood at £17,499 (2025.. £21,003) of which £10,254 {2025: £11,599) represented restricted funds RISK MANAGEMENT The main risks to which the Trust is exposed as identified by the Trustees have been considered and systems have been established to mitigate those risks. RESERVES POLICY It is the policy of the charity to maintain unrestricted funds at a level to cover six months, running costs should no further funding be received. As at the end of the financial year the unrestricted funds totalled £7,245. The charity requires £4,423 for six months, running costs. It is the policy of the Trustees to release additional unrestricted reserves, above the reserves policy, to be invested in the monthly donations to our supported charity partners. STRUCTURE, GOVERNANCE AND MANAGEMENT Be One is a registered charitable trust, number 1147505 registered on 30th May 2012. The governing document is a trust deed adopted on 25th March 2011, this was amended on 8th December 2022 to adopt a change of name to Be One from Be One Pernt Foundation. The first trustees are entitled to hold office for life,. the minimum number of trustees is three individuals.
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2026 Further trustees must be appointed by resolution of the trustees. Trustees hold four meeting each year and a quorum at the meeting is 0 trustees. All trustees give their time voluntsrily and receive no remuneration or other benefits for their work as a trustee. REFERENCE AND ADMINISTRATIVE DETAILS Name Be One Charity Number Address & Office 1147505 Col Kenyons 46 Rodney Street Liverpool L19AA Trustees During the year members of the Board of Trustees were as follows.. S Aboarook J Carlyle J Ellis R Hetler M Johnson R Kenyon H Laikko (Resigned 1st September 2025) Independent Examiner Ying Huang FCCA clo LCVS 151 Dale Street, Liverpool, L2 2AH Bankers The C¢iOperative Bank PLC Newcastle Upton Tyne 84-86 Grey Street Tyne & Wear NE16BZ Signed on behalf of the Trustees Do¢uSW by.. J Carlyle Trustee Date.. 14 July 2026
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BE ONE I report on the accounts of the charitable trust for the year ended 31st March 2026 which are set out on pages 6 to 14. Res ective res onsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. 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. Basis of inde endent examinerfs statement In connection with my examination, no matter has come to my Inde endent examiner's attention.. statement (1) which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006., and accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met., or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. gnedr. Name: Ying Huang Relevant professional qualification or body= FCCA Address: c/0 LCVS 151 Dale Street, L2 2AH 15 July 2026 DF1AEY2EBEm6 Dated..
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2026 Notes Unrestricted Restricted Funds Funds 2026 2026 Total Funds 2026 Total Funds 2025 Income and endowments from: Donations and legacies 6,687 41,572 48,259 54,073 Total income 6,687 41,572 48,259 54,073 Expenditure Charitable Activities 8,846 42,917 51,763 54,024 Total expenditure 8,846 42,917 51,763 54,024 Net (expenditure)lincome, net movement in funds (2,159) {1.345) (3,504} 49 Totsl funds brought forward 9,10 9,404 11,599 21,003 20,954 Totsl funds carried fonvard 8-10 7,245 10,254 17,499 21,003 The notes on pages 8 to 14 form part of these accounts. All the above amounts relate to continuing activities of the charity.
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE BALANCE SHEET AS AT 31ST MARCH 2026 Notes 31$1 March 2026 31st March 2025 Fixed assets Tangible fixed assets Intangible fixed assets 721 1,076 Current assets Debtors Cash at bank and in hand 8,133 12,809 16,872 7,238 20,942 24,110 Current liabilities Creditors.. amounts falling due within one year (4,164) (4,183) Net current assets 16,778 19,927 Total assets less current liabilities 17.499 21,003 Funds: Unrestricted funds Restricted funds 7,245 10,254 9,404 11,599 8, 10 17,499 21,003 Approved by Trustees on . 14 July 2028 DocU8n0d. J Carlyle - Trustee
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 1. Accounting Policies Basis of accounting The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note{s) to these accounts. The financial statements have been prepared in accordan with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2019) and Charities Act 2011. The accounts are prepared in sterling, which is the functional currency of the charity- Monetsry amounts in these financial statements are rounded to the nearest £. The Charity has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going concern At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Trustees have therefore adopted the going concern basis of accounting in preparing the accounts. Fund accounting Unrestricted funds are the charity's free reserves available for the trustees to apply in accordance with the charity's objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged to the fund. Income recognition All income is recognised once the charty has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income re1vable can be measured reliably. Donations and legacies comprise of donations, gift aid and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain. Tangible Fixed Assets Capital expenditure is stated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life. Intangible Fixed Assets Capital expenditure is treated as a fixed asset and amortised to write off each asset over its estimated useful life as follows. Soare 33 % per annum reducing balance basis Other Accruals and Prepayments These are stated at the amounts becoming due or receivable. Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor. Expenditure on charitable activities relate to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company including grants and donations given to partners around the world to relieve poverty. Support and governan costs relate to the management and operation of the organisation and also Complian with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short- term liquid investments with original maturities of three months or less, and bank overdrafts. Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future reiptS discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources.
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. All expenditure is accounted for on an accruals basis. All expenses. including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor. Cost of charitable activities relate to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charity. Support and governan costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charity. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charity benefits from various exemptions from taxation afforded by tax legislation and are not liable to corporation tax on income or gains falling within those exemptions. The charity is not able to recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT. 2. Income and endowments from Unrestricted Restricted Funds Funds 2026 2026 Total Funds 2026 Totsl Funds 2025 a. Donations and legacies Donations Donations Just Giving Donations members, Donations Big Give Gift aid 6,687 6,687 209 33,272 7,185 755 33,339 4,783 8,011 209 33,272 8,091 8,091 6,687 41,572 48,259 54,073 Income from donations and legacies for year end 2025 comprised £7,185 for unrestricted funds and £46,888 related to restricted funds 3. Expenditure on charitable activities Direct Support & Charitsble Governance Expenditure Costs Total 2026 Totsl 2025 To relieve poverty in developing countries. 42,917 8,846 51,763 54,024 10
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 a. Analysed as follows.. 2026 2025 Direct charitable expenditure.. Grants and donations (see note 3b) 42,917 46,287 42,917 46,287 Support & govemanGe costs.. Just Giving fees Bank charges and interest Insurance Sundry Book-Keeping Consultancy fees Accountancy Amortisation 216 187 636 692 1,220 4,718 822 355 215 186 703 1,125 4,203 775 530 8,846 7,737 Totsl expenditure on charitable activities 51,763 54,024 £42,917 (2025.. £46,287) of the above expenditure is restricted expenditure b. Grants and Donations 2026 2025 Alima Againsl Malaria Foundation Action Village India Chance for Childhood Chester Zoolmadagasikara Voakajy EduKid Eduspots From Wales Friends of KipKelion Kids for Kids Irise International Mary's Meals Mothers2Mothers Lorna Young Foundation Papua Partners Limited Re-cycle Solar Aid Sylvia Lake To Live in Hope United Purpose Wonder Foundation 3,603 8,000 3,337 3,453 3,761 4,600 3.084 3,673 4.690 3,361 3,132 3,549 3,679 4,652 3,187 3,382 2,932 4,832 2,920 4,505 3,155 3,030 4.687 42.917 46.287
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 c. Staff Costs There were no employees during the year ended 318t March 2026 (2025: none) 4. Tangible fixed assets There were no tangible fixed assets as at 31$t March 2026 or acquired during the year. (2025.. None). 5. Intangible fixed assets Software Total Cost Balance at 1st April 2025 6,000 6,000 Balance at 318t March 2026 6,000 6,000 Accumulated Amortisation Balan at 1st April 2025 Charge for the year 4,924 355 4,394 530 Balance at 31st March 2026 5,279 4,924 Net Book Value at 31st March 2026 721 1,076 Net Book Value at 31st March 2025 1,606 1,606 6. Debtors 2026 2025 Debtors Prepayment Other Debtors 8,000 128 16,719 148 8,133 16.872 7. Creditors: amounts falling due within one year 2026 2025 Accruals 4,164 4,183 12
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 8. Analysis of net assets between funds Year end 2026 Intangible Fixed Assets Net Current Assets Total Unrestricted Funds General Fund 721 6,524 7,245 Restricted Funds Donations members, Gift aid 1,041 9,213 1,041 9,213 10,254 10,254 Totals 721 16,778 17,499 Year end 2025 Intangible Fixed Assets Net Current Assets Total Unrestricted Funds General Fund 1,076 8,328 9,404 Restricted Funds Donations members, Gift aid 3,588 8,011 3,588 8,011 11,599 11,599 Totals 1,076 19,927 21,003 9. Unrestricted funds Movements in the Year Income Expenditure Year end 2026 Reserves at Beginning of year Reserves at End of Year General Fund 9,404 6,687 (8,846) 7,245 Movements in the Year Income Expenditure Year end 2025 Reserves at Beginning of year Reseprfes at End ofyear General Fund 9,956 7,185 (7,737 9,404 General Fund is used to finance the charity's general activities and core costs as outlined in the Trustees, Report.
DoGUSign Envelope ID." FD9794174EF4-8477.822MFC03032CB3E BE ONE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 10. Restricted Fund Movements in the Year Income Expenditure Year end 2026 Reserves at Beginning of year Reserves at End of Year Donations members, Gift aid 3,588 8,011 33,481 8,091 (36,028) (6,889) 1,041 9,213 11,599 41,572 (42,917) 10,254 Movements in the Year Income Expenditure Year end 2025 Reserves at Beginning of year Reserves at End of Year Donations members, Donations Just Giving Donations Big Give Gift aid 2,544 33,339 755 4,783 8,011 (32,295) {755) (4,783) (8,454) 3,588 8,454 8,011 10,998 46,888 (46,287) 11,599 These are monies given to the Charity to be spent at the discretion of the Board of Trustees for specific charitable purposes, as follows.. Donations Just Giving - These are individuals who donate to charity via Just Giving with the intention that their donations are to be spent on different projects each month Donations members'_ These are individuals who donate a small perntage of their income to be spent on different projects each month. Donation Big Give- This is a campaign run through Big Give where individuals donate with the intention that their donations are to be spent on different projects each month Gift aid Gift aid received from HMRC for member's donations to be spent on different projects each month 11.Guarantees and Other Financial Commitments There are no financial commitments under non-cancellable operating leases {2025.' £nil). 12. Related Parties. There were no related party transactions during the year. (2025.. none). 13.Contingent Liabilities The charity did not have any contingent liabilities as at 315t March 2026 or 315t March 2025 14