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2025-03-31-accounts

COMPANY REGISTRATION NUMBER: 10491739 CHARITY REGISTRATION NUMBER: 1170491

One Footstep Company Limited by Guarantee Unaudited Financial Statements

31 March 2025

MURAS BAKER JONES LIMITED

Chartered accountants Regent House Bath Avenue Wolverhampton West Midlands WV1 4EG

One Footstep

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2025

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 4
Statement of financial activities (including income and expenditure account) 5
Statement of financial position 6
Notes to the financial statements 7

One Footstep

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.

Reference and administrative details

Registered charity name One Footstep Charity registration number 1170491 Company registration number 10491739 Principal office and registered 3rd Floor Regent House office Bath Avenue Wolverhampton WV1 4EG

The trustees

B Goyal N Goyal R K Goyal Independent examiner Oliver Ross BSc (Hons) FCA Regent House Bath Avenue Wolverhampton West Midlands WV1 4EG

Structure, governance and management

Governing document

One Footstep is a charitable company limited by guarantee, incorporated on 22nd November 2016 and registered as a charity on 30th November 2016. The charitable company is governed by its Articles of Association dated 22nd November 2016.

Organisational structure

One Footstep is managed directly by its trustees. The charity has one employee.

Objectives and activities

For the public benefit, alleviation of poverty and to educate persons in any part of the world who require support in relation to financial aid and education by supplying such persons with financial support and/or volunteer time.

- 1 -

One Footstep

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Achievements and performance

Education and the support of families and children remained the charity's primary financial focus during the year. Donations were made to The Rainbow Trust Children's Charity, which supports families who have a child aged 0-18 living with a life-threatening or terminal illness, providing emotional and practical assistance at a time of significant need.

A donation was also made to Go Dharmic, recognising their work in developing schools, providing disaster relief, advocating for peace, and alleviating food poverty through community-led initiatives both in the UK and internationally.

In addition, the charity supported Human Kind Cafe, a new community project based in Billericay. The café operates as a community space aimed at relieving hardship experienced through financial difficulty, ill health, particularly dementia or old age, by providing access to food, connection, and support in a welcoming environment.

Further donations and support were provided to the following organisations:

Through these donations, the trustees sought to ensure that funds were applied effectively to support vulnerable individuals, families, and community initiatives, in line with the charity's objectives.

Financial review

The charity has completed its eighth year. Donations (including gift aid) of £525,501 were received during the year. This enabled the continuation of donations to be paid to provide support to a number of organisations as mentioned above. This resulted in a surplus for the year of £416,949 (2024 deficit £91,520).

Reserves policy: The Trustees' reserves policy is to retain sufficient reserves to ensure the charity can meet its funding expenditure over the foreseeable future. The Trustees believe that the reserves are adequate to enable it to pursue its objectives.

Investment review : The Trustees monitor investments on an ongoing basis and with increased reserves previously adopted a policy where £635,000 of reserves were invested to provide additional income. This has reduced to £nil this year. The remaining funds are held in a bank account readily available to meet funding requirements of organisations promptly when required. The trustees will continue to monitor the level of investments held to ensure the charitable objectives are met to provide regular funding of supported organisations over a number of years in accordance with expected income streams.

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One Footstep

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 18 December 2025 and signed on behalf of the board of trustees by:

Ram Goyal Ram Goyal (Dec 19, 2025 10:31:08 GMT)

R K Goyal Trustee

- 3 -

One Footstep

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of One Footstep

Year ended 31 March 2025

I report to the trustees on my examination of the financial statements of One Footstep ('the charity') for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

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 member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Oliver Ross BSc (Hons) FCA Independent Examiner

Regent House Bath Avenue Wolverhampton West Midlands WV1 4EG

18 December 2025

- 4 -

One Footstep

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2025

2025 2025 2024
Unrestricted
funds Total funds Total funds
Note £ £ £
Income and endowments
Donations and legacies 525,501 525,501
Investment income 5 20,104 20,104 51,946
------------------------------- ------------------------------- --------------------------
Total income 545,605 545,605 51,946
=============================== =============================== ==========================
Expenditure
Expenditure on charitable activities 6,7 128,656 128,656 143,466
------------------------------- ------------------------------- -------------------------------
Total expenditure 128,656 128,656 143,466
=============================== =============================== ===============================
------------------------------- ------------------------------- -------------------------------
Net income/(expenditure) and net movement in funds 416,949 416,949 (91,520)
=============================== =============================== ===============================
Reconciliation of funds
Total funds brought forward 1,000,118 1,000,118 1,091,638
--------------------------------------- --------------------------------------- ---------------------------------------
Total funds carried forward 1,417,067 1,417,067 1,000,118
======================================= ======================================= =======================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 7 to 12 form part of these financial statements.

- 5 -

One Footstep

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

2025 2024
Note £ £ £
Current assets
Debtors 13 99
Investments 14 635,000
Cash at bank and in hand 1,431,711 367,490
--------------------------------------- ---------------------------------------
1,431,810 1,002,490
Creditors: amounts falling due within one year 15 14,743 2,372
--------------------------------------- ---------------------------------------
Net current assets 1,417,067 1,000,118
--------------------------------------- ---------------------------------------
Total assets less current liabilities 1,417,067 1,000,118
--------------------------------------- ---------------------------------------
Net assets 1,417,067 1,000,118
======================================= =======================================
Funds of the charity
Unrestricted funds 1,417,067 1,000,118
--------------------------------------- ---------------------------------------
Total charity funds 17 1,417,067 1,000,118
======================================= =======================================

For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 18 December 2025, and are signed on behalf of the board by:

Ram Goyal

Ram Goyal (Dec 19, 2025 10:31:08 GMT)

R K Goyal Trustee

The notes on pages 7 to 12 form part of these financial statements.

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One Footstep

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 3rd Floor Regent House, Bath Avenue, Wolverhampton, WV1 4EG.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

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One Footstep

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The company is incorporated under the Companies Act and is limited by Guarantee. The liability of each member is limited to £1 being the amount each member undertakes to contribute in the case of winding up.

5. Investment income

Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Bank interest receivable 2,166 2,166
Other interest receivable 17,938 17,938 51,946 51,946
-------------------------- -------------------------- -------------------------- --------------------------
20,104 20,104 51,946 51,946
========================== ========================== ========================== ==========================

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One Footstep

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

6. Expenditure on charitable activities by fund type

Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Donations paid 108,846 108,846 117,097 117,097
Support costs 19,810 19,810 26,369 26,369
------------------------------- ------------------------------- ------------------------------- -------------------------------
128,656 128,656 143,466 143,466
=============================== =============================== =============================== ===============================

7. Expenditure on charitable activities by activity type

Grant
funding of Support Total funds Total fund
activities costs 2025 2024
£ £ £ £
Donations paid 108,846 18,040 126,886 141,501
Governance costs 1,770 1,770 1,965
------------------------------- -------------------------- ------------------------------- -------------------------------
108,846 19,810 128,656 143,466
=============================== ========================== =============================== ===============================

8. Analysis of support costs

Support
costs Total 2025 Total 2024
£ £ £
Staff costs 12,288 12,288 21,745
Premises 195
Communications and IT 1,173
General office 47 47 35
Finance costs 103 103 77
Governance costs 1,860 1,860 1,965
Room hire 162 162 979
Training Costs 200
Marketing costs 1,390 1,390
Recruitment costs 3,960 3,960
-------------------------- -------------------------- --------------------------
19,810 19,810 26,369
========================== ========================== ==========================

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One Footstep

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

9. Analysis of grants

2025 2024
£ £
Grants to institutions
Rainbow Trust Children's Charity 42,300 42,300
CareTech Foundation 20,000
Go Dharmic 16,050 32,045
Quilters School 7,250
Other donations 20,916 8,551
Human Kind Cafe 5,517 6,951
Astop Ltd 10,000
Haven House 14,063
------------------------------- -------------------------------
108,846 117,097
------------------------------- -------------------------------
Total grants 108,846 117,097
=============================== ===============================
Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 1,260 1,200
====================== ======================

10. Independent examination fees

11. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2025 2024
£ £
Wages and salaries 10,968 19,692
Social security costs 991 1,462
Employer contributions to pension plans 329 591
-------------------------- --------------------------
12,288 21,745
========================== ==========================

The average head count of employees during the year was 1 (2024: 1). The average number of full-time equivalent employees during the year is analysed as follows:

2025 2024
No. No.
Administration staff 1 1
============= =============

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

12. Trustee remuneration and expenses

During the year no trustees received any remuneration or expenses.

13. Debtors

2025 2024
£ £
Other debtors 99
============= =============

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One Footstep

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

14. Investments

2025 2024
£ £
Other investments 635,000
============= ===============================
15. Creditors: amounts falling due within one year
2025 2024
£ £
Accruals and deferred income 13,705 1,551
Social security and other taxes 1,038 670
Other creditors 151
-------------------------- ----------------------
14,743 2,372
========================== ======================

16. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £329 (2024: £591).

17. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At
At 31 March 202
1 April 2024 Income Expenditure 5
£ £ £ £
General funds 1,000,118 545,605 (128,656)
1,417,067
======================================= =============================== =============================== =======================================
At
At 31 March 202
1 April 2023 Income Expenditure 4
£ £ £ £
General funds 1,091,638 51,946 (143,466)
1,000,118
======================================= ========================== =============================== =======================================

- 11 -

One Footstep

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

18. Analysis of net assets between funds

Unrestricted Total Funds
Funds 2025
£ £
Current assets 1,431,810 1,431,810
Creditors less than 1 year (14,743) (14,743)
--------------------------------------- ---------------------------------------
Net assets 1,417,067 1,417,067
======================================= =======================================
Unrestricted Total Funds
Funds 2024
£ £
Current assets 1,002,490 1,002,490
Creditors less than 1 year (2,372) (2,372)
--------------------------------------- ---------------------------------------
Net assets 1,000,118 1,000,118
======================================= =======================================

- 12 -

Mr O Ross [Independent Examiner] Muras Baker Jones Regent House Bath Avenue Wolverhampton WV1 4 EG

18 December 2025

Dear Sirs

The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the charitable company’s financial statements for the year ended 31 March 2025. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief.

General

Assets and liabilities

Accounting estimates

Loans and arrangements

Legal claims

Laws and regulations

Related parties

Subsequent events

Going concern

Grants and donations

Yours faithfully

Ram Goyal

.............................................................................................................................. Ram Goyal (Dec 19, 2025 10:31:08 GMT) Signed on behalf of the board of R K Goyal

18 December 2025

One Footstep accounts March 25

Final Audit Report

2025-12-19

Created: 2025-12-19 By: Oliver Ross (oliver.ross@muras.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAEK8KRltrLzx3oCF89vgomHk1YOiCp9Y-

"One Footstep accounts March 25" History

Document created by Oliver Ross (oliver.ross@muras.co.uk)

2025-12-19 - 9:47:02 AM GMT

Document emailed to Ram Goyal (ram.goyal@hallmarkcarehomes.co.uk) for signature 2025-12-19 - 9:47:07 AM GMT

Email viewed by Ram Goyal (ram.goyal@hallmarkcarehomes.co.uk) 2025-12-19 - 9:53:07 AM GMT

Document e-signed by Ram Goyal (ram.goyal@hallmarkcarehomes.co.uk) Signature Date: 2025-12-19 - 10:31:08 AM GMT - Time Source: server

Agreement completed.

2025-12-19 - 10:31:08 AM GMT