2023-03-31-accounts - One Goes Up

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Trustees' Annual Report for the period

	Period start date	Period start date			Period end date
From	1	Apr	2022	To	31 March	2023

Section A Reference and administration details

Charity name One Goes Up

Other names charity is known by

Registered charity number (if any) 1161895

Charity's principal address 26 Fleming Court St Mary’s Square London Postcode W2 1SE

Names of the charity trustees who manage the charity

1 2 3 4	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
	Mrs M Williams	Chair
	Mrs E Williams
	Mrs E Kinghorn

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Registration Advisor	Sonia Sinanan	2 Brendon, Polruan, FOWEY, Cornwall, PL23 1QD

Name of chief executive or names of senior staff members (Optional information)

N/A

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Foundation Constitution (eg. trust deed, constitution)

How the charity is constituted Charitable Incorporated Organisation (CIO)

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(eg. trust, association, company)

Trustee selection methods

(eg. appointed by, elected by)

Appointed by existing trustees

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time in particular but not limited to advancing the education of young people for the public benefit by the provision of grants and awards.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

One Goes Up provides bursaries and prizes to high achieving children and young people in selected schools in South Africa and the UK to enable them to continue their education, where this might not otherwise have been possible due to financial hardship or lack of opportunity.

Since 2008 we have partnered with Rhenish Girls' High School in South Africa to fund prizes, bursaries and scholarships to reward excellence in academic, creative & sporting pursuits. We began by providing prize money for specific subjects such as Computer Science, and awards for excellence. Subsequently we have started providing scholarships, which paid the full year's school fees for chosen individuals.

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

Summary of the main Funded four special achievement awards at Rhenish Girls’ High School achievements of the charity in Stellenbosch, South Africa, and three full year scholarships. The during the year school used previously received funds since during the COVID19 pandemic disruption they had not spent all the funds already provided.

Section E Financial review

Brief statement of the charity’s policy on reserves

Currently the charity does not have a formal policy on reserves. However, we are maintaining approx. 4.5 years reserves at the end of 2022/23 fiscal year.

Details of any funds materially Not applicable in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);

Primary fund source is donations from individuals, including trustees.

The expenditure has all directly supported the objectives of the charity, i.e. advancing education for young people via grants & awards.

how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

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Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Mrs M Williams	Mrs E Williams
	Chair	Trustee
	31 Jan 2024
	31 Jan 2024

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One Goes Up

CC16a

1161895

Receipts and payments accounts

For the period 01-Apr-22 31-Mar-23 To from

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £	Restricted funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
Donations Received	-	-	-	-	-
Gift Aid Refund HMRC	-	-	-	-	-
Interest Received	89.23	-	-	89.23	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	89.23	-	-	89.23	-

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					-

		-	-	-	-
		-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	-	-	-	-	-

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					-

	89.23				-
	-				-
	34,793.54				-
	34,882.77				-

Section B Statement of assets and liabilities at the end of the period

CCXX R1 accounts (SS) Categories B1 Cash funds	1 Metrobank Current Account Metrobank Money Management Account Details *Total cash funds* (agree balances with receipts and payments account(s))	Unrestricted funds to nearest £ 2,151.58 32,731.19 - 34,882.77 OK	Restricted funds to nearest £ - - - - OK	Endowment funds to nearest £
				-
				-
				-
				-
				31/01/202 OK

CCXX R1 accounts (SS)

Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details Details Details	Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Mrs M Williams	Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Mrs M Williams	31-Jan-24

CCXX R2 accounts (SS)

31/01/2024