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2022-03-31-accounts

Company number: 11516337 Charity Number: 1180782

One Small Thing

Report and financial statements For the year ended 31 March 2022

One Small Thing

Contents

For the year ended 31 March 2022

Reference and administrative information ...................................................................................... 1 Trustees’ annual report .................................................................................................................. 2 Independent auditor’s report ....................................................................................................... 21 Statement of financial activities (incorporating an income and expenditure account) ................... 25 Balance sheet ............................................................................................................................... 26 Statement of cash flows ................................................................................................................ 27 Notes to the financial statements ................................................................................................. 28

One Small Thing

Reference and administrative information

For the year ended 31 March 2022

Company number 11516337
Country of incorporation
United Kingdom
Charity number 1180782
Country of registration England & Wales
Registered office address
C/O We Work
New Kings Beam House
22 Upper Ground
London
SE1 9PD
Trustees Trustees, who are also directors under company law, who served during the year
and up to the date of this report were as follows:
Lady Edwina Grosvenor Chair
Eleanor Searley
Eleanor Davison
Catherine Bland Treasurer
Laurie Hunt
Key management Claire Hubberstey Chief Executive
Personnel Rachel Oliver Director of Operations and Deputy CEO
Emma Caleya Chetty Financial Controller
Bankers CAF Bank Ltd The Cooperative Bank
25 Kings Hill Avenue 1 Balloon Street
Kings Hill Manchester
Kent M60 4EP
ME19 4JQ
Solicitors Boodle Hatfield
240 Blackfriars Road
London
SE1 8NW
Auditor Sayer Vincent LLP
Invicta House
108-114 Golden Lane
LONDON
EC1Y 0TL

1

Foreword

2021-2022 has been a hugely exciting year for One Small Thing. As we gradually emerged from lockdowns, the team has not only expanded our reach via online and digital forums but began in earnest to deliver more face-to face support, training and learning events.

We were delighted to welcome over 200 attendees from across the UK and overseas to our OST Live event, held in May 2021. The event, delivered via an online interactive platform, enabled us to share learnings and insights from experts, provide opportunities for cross sector and peer collaboration and, importantly, reflect on self-care and the impact COVID has inevitably had on ourselves and our teams.

One of our largest training programmes this year was developed alongside colleagues in the MoJ to support Probation Officers in trauma informed practice. Through this pilot we trained over 160 officers with a specific focus on improving the way Pre-Sentence Reports are approached and written.

In July, our team began supporting women with complex needs as part of the probation contract in Hampshire and facilitating more in person visits and events. Personally, I was delighted to get out and meet with colleagues again across the prison estates after a lengthy hiatus, given the restrictions that were in place during the pandemic.

We continue to frame our work around the core values of trauma informed practice and would not have been able to achieve the outcomes and impact outlined in this report without collaboration, and the brilliant support we have had this year. We embarked on our first corporate partnership with Vivid Housing, and took part in the Big Give women and girls fundraising campaign for the first time for Hope Street.

Hope Street, a residential community for women and their children and a much needed blueprint for change in the justice system, is getting ever closer to reality as we move towards completion this year.

It has been an eventful year, with a lot of change and uncertainty to process both nationally and globally and I am really proud of the adaptable and innovative team we have at One SmallThing and all they have been able to deliver to drive forward change across the justice system.

Edwina Grosvenor, Founder and Chair of One Small Thing

2

One Small Thing

Trustees’ annual report

For the year ended 31 March 2022

The trustees present their report and the audited financial statements for the year ended 31 March 2022.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association, the requirements of a directors’ report as required under company law, and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities Purposes and aims

Our charity’s purposes as set out in the objects contained in the company’s memorandum of association are:

One Small Thing’s vision is a justice system that can recognise, understand, and respond to trauma. Our mission is to redesign the justice system for women and their children.

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity'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.

3

One Small Thing’s vision is a justice system that can recognise, understand, and respond to trauma.

Our mission is to redesign the justice system for women and their children.

How do we achieve this?

Redesign

Influence

politicians and policy makers to encourage culture change across the justice system and the people who work within it.

4

REDESIGN

We redesign the way the justice system responds to women and their children in a way that can be replicated and scaled nationally.

One Small Thing's commitment to systemic change for women and their children in the justice system, has inspired us to build Hope Street.

Hope Street will pilot a new approach to working with women involved in the criminal justice system. From within a healing, trauma-informed, residential environment, women and children will have access to a range of specialist support. By taking a positive and compassionate approach, we aim to create a blueprint for change that can be replicated across the country and achieve better outcomes for women, their children and society.

Progress in 2021-22

IMPACT REPORT 21-22

5

REDESIGN

Our Impact with women

Our face to face work with women on probation began in July 2021 and we delivered...

We provided individual support for...

----- Start of picture text -----
Coffee
Music
mornings
groups with
with women
18 4women 48
Women
For a total of
Arial Fitness
classes with
women 106
8
attendees
----- End of picture text -----

Which includes tailored support for women facing multiple disadvantage and housing issues

What do women say about our support?

I just want to thank you so much for helping me and caring like u have... I don't know what I'd do without you and Vicky, I'm so grateful...

I wanted to take this opportunity to say thank you for everything that you did for her. You were a huge part in bringing her out of her isolation by getting her to re-engage with society and attending the Coffee Morning... We know how difficult things had been for her but you provided her with that belief that things could change. The important thing is that she knew that and she was grateful. (Feedback from an Offender Manager)

I'm so glad I signed up to [Aerial Fitness] because it helps in more ways than one. I come straight from seeing my children which usually results in me feeling different types of feelings... doing aerial fitness really helps boost my mood, it takes my mind off things... I laugh while doing it, especially with others... it's good fun... and I'm actually rather good at it too... it really boosts my confidence and it reminds me that I can do something if I put my mind to it.

IMPACT REPORT 21-22

6

EDUCATE

We educate prison residents to understand how trauma can affect them and equip them with the skills to respond; and train frontline staff to understand and respond effectively to trauma and adversity.

Becoming Trauma Informed

One Small Thing is striving for change in the justice system and wider community, to shift the question away from ‘what’s wrong with them?’, towards ‘what happened to them?’. We aim to change people’s lives for the better, one small thing at a time.

In Prisons

One Small Thing has been working with the women’s prison estate to deliver a gender specific Becoming Trauma Informed (BTI) programme since 2015, and in 2018 rolled out a specific curriculum for the men’s long term high secure estate. The programme includes:

The establishment of BTI leads within in prison who lead the work locally, delivering out on the agreed action plan and managing a local Guide Team who provide governance and oversight of the work. Training on Becoming Trauma Informed for all staff at all levels and

In 2021-22 we added to this support by producing Guided Self-Soothing Exercises that were broadcast by Wayout TV across the prison estate. Wayout TV is in 65 prisons with an audience of around 45,000 viewers. It was also used on The Content Hub, the MoJ’s secure platform to support prisoner wellbeing. DVD's and CDs of the resources were also sent.

We also produced and shared a 'Pocket Guide' to Trauma, a written resource for all staff to have as a reminder of the fundamentals of a trauma informed approach.

In 2021-22... 389 prison staff trained including...

----- Start of picture text -----
completing BTI
237
Training
Completing
BTI Train
115
the Trainer
completing
Exploring
37
Trauma Training
----- End of picture text -----

IMPACT REPORT 21-22

7

EDUCATE

Measuring impact

Keen to understand how prisons are applying the knowledge acquired through our training and support, in 2021-22 we continued to collect data from participating prisons to establish the overall position of their BTI work. To support the data gathering exercise, with prisons coming out of the restrictions put in place because of the pandemic, in October 2021, we reintroduced our prison visiting schedule for the Women’s Estate.

Findings from the women's estate included....

of prisons responding said that BTI had had a 86% positive impact on safety including reducing violence and self-harm.

Staff have additional skills and think more about how to calm and de-escalate. They respond to incidents using a trauma informed approach and adapt their behaviour in their day to day working.

Feedback from responding prison

Staff are more aware of how to approach residents and understand what they may have been through. They can deal with situations differently due to being aware that many residents have experienced trauma in various forms.

89%

of prisons responding said that the BTI programme has had a positive impact on staff.

Feedback from responding prison

…residents feel more understood, also improved relationships between residents and staff..

73%

We consult with residents to understand what being trauma informed means to them. Residents have access to trained dedicated Trauma Co-ordinators. Residents feel safer in custody.

Feedback from responding prisons

IMPACT REPORT 21-22

8

EDUCATE

Justice and Community Sector Training

We train staff in organisations to develop an understanding of the dynamics and process of trauma, to inform practice and system change. Our training courses have three primary objectives:

In 2021-22 we trained...

Participants on 1,015 trauma informed practice

To help staff to help staff better understand the effects of violence, abuse, and trauma on men and women.

To provide opportunities for skill enhancement.

To give staff the opportunity to reflect and learn more about themselves.

----- Start of picture text -----
Including...
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probation officers responsible for writing pre-sentence reports across the country, on trauma informed practice.

162

‘This was one of the best training days I've been on, enjoyed the different agencies present and the encouragement and responsiveness to our discussions.’

'I would include this in all my work - to forward to colleagues and encourage this to form part of supervision for staff and for managers to recognise the needs of the workforce.’

'I will use these approaches when interviewing - the techniques to help a person cope when discussing trauma were also very helpful.'

'Having shared with colleagues and listened to their own experiences I feel more grounded. this is how the probation service used to be. Hopefully we can get this kind of supportive environment back.'

IMPACT REPORT 21-22

9

EDUCATE

Trauma Informed Quality Mark

The Quality Mark provides a robust set of national standards to recognise and celebrate good practice in trauma-informed work. The Quality Mark has three different levels of achievement:

Bronze: Trauma Aware. Organisations have an understanding of trauma and its impact and organisational plans are in place to implement trauma informed practice.

Silver: Trauma Informed. Trauma informed practice is implemented across the organisation’s culture, practice, environment and individual needs and well-being are priortised.

Gold: Trauma Responsive. Extensive trauma informed working practices are embedded, and user voice is alongside strategic decision-making; the organisation promotes the recovery of individuals and is a centre of excellence.

Progress in 2021-22

Organisations started the Quality 13 Mark

organisations achieved Silver 3 Trauma Informed award

‘What a way to end the year!!! Such fabulous news to share with everyone before we close for Christmas! Thank you for your assistance throughout. We have plastered it over all our comms as we are really proud to have achieved it! The team are really please too.’

Helen Downey, Operations Manager from Hampton Trust who were awarded with their Silver Quality Mark in December 2021

1

46

Participants attended new Working with Trauma Quality Mark Information Sessions. We launched these sessions to support organisations to find out more about the Quality Mark and whether it is suitable for them.

IMPACT REPORT 21-22

10

EDUCATE

Trauma Informed Network

One Small Thing's UK-wide Trauma Informed Network gives practitioners the opportunity to meet colleagues from a range of organisations and sectors to reflect, share challenges and find solutions to embedding trauma informed practice.

Working in the Justice and Community sectors supporting those who have experienced trauma is hugely important and rewarding, but we know it can also take its toll on staff wellbeing and mental health.

Through our regional trauma informed networks, professionals have a vital space to reflect with others outside of their organisation about their work and find new solutions to challenges they face.

Progress in 2021-22

214

‘I left this workshop feeling really elated and optimistic about the future for people we are working with. There are so many passionate people that really want change. Excellent workshop.’

Attendees at our Regional Trauma Informed Networks – remote and in-person

Participant Sept 2021

This meeting has inspired me to...

----- Start of picture text -----
‘To share this with the
‘Gain more information
team and invite them to
and knowledge to inform
future events’
my practice.’
‘Champion a
trauma Informed
approach.’
‘Talk to colleagues
about working towards
the Trauma Quality ‘To create space to think
Mark.’ and reflect more.’
----- End of picture text -----

IMPACT REPORT 21-22

11

EDUCATE

One Small Thing Live

OST Live 2021 took place on 20 May. We heard from a range of experts including Dr Stephanie Covington, Dr Bob Johnson and Sarah Hughes Chief Executive of the Centre for Mental Health. Content centred on the overarching theme of the five trauma-informed values: Safety, Trustworthiness, Choice, Collaboration and Empowerment. We were delighted to engage with over 200 delegates, and the online platform enabled participants to interact and connect on the day.

Analytics from the event platform tell us...

Forever learning from One Small Thing, am holding on to the fact that everywhere can always improve, it's not hopeless on demand views (number of times sessions were rewatched 447 in the 4 weeks after the event)

220

I am inspired to reaffirm and realign my practice of self-care as an integral part of my work with others.

376

IMPACT REPORT 21-22

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INFLUENCE

We influence politicians and policy makers to encourage culture change across the justice system and the people who work within it.

Progress in 2021-22

Increasing capacity

Engaging with Stakeholders

Contributing to National Policy

It is important to include voices of women who have been to prison in this strategy, as they can understand what changes would actually help. If you have not spent a day in custody, it is very hard to fully imagine the impact this has on your family, your children, your mental health, your housing situation and financial anxiety.

Lilly Lewis, Women’s Involvement Advisor, quoted taken from her blog on the Prison Strategy White Paper

IMPACT REPORT 21-22

13

INFLUENCE

Justice Podcast

Our bi-monthly podcasts provide a platform to explore issues related to the justice system and what should be done to bring about positive change. Guests in this period have included Sandra Fieldhouse women’s lead for prison’s inspectorate (pictured with Edwina) and Nicole Jacobs, Domestic Abuse Commissioner.

----- Start of picture text -----
12,279
Downloads of the JUSTICE
podcast episodes released in
2021/2022
----- End of picture text -----

There are different causes of offending for women, their experience of life can be very different. We don’t want women to go into prison and just get retraumatised and then passed out the door again.

Sandra Fieldhouse women’s lead for prison’s inspectorate on JUSTICE.

Digital Reach

Our digital channels are an important tool for influencing public conversation and sharing our work with decisionmakers - whether that be through responses on Twitter to the latest reports and current events, or through our blog and JUSTICE episodes hosted on our website.

In 2021-22 we saw...

----- Start of picture text -----
47,515
Twitter
profile visits
----- End of picture text -----

20,000 website visits - an increase of 35%

438 new Twitter followers

website page views 53,000 An increase of [39% ]

IMPACT REPORT 21-22

14

Looking Forward

I am very proud of the huge leaps forward the team have taken this year, expanding our reach and impact across all three of our work streams of Redesign, Educate and Influence. We want to continue to build on this into 2022/23.

Our ambition to redesign the justice system for women and their children has got so much closer to becoming a reality, with the capital build of our Hope Street residential hub progressing well and on track to complete in 2022. The crucial work the team in doing to support women on probation in Hampshire team is informing our delivery and partnership strategies and plans in readiness for welcoming women to Hope Street in early 2023.

Equity, diversity and inclusion is an ongoing priority for One Small Thing, and our work around this is feeding into our recruitment and induction plans for the growing team at Hope Street.

We will continue to grow our educate work to reach more practitioners across the Justice and Community Sectors. Sharing good practice in trauma informed and gender responsive practice through our training, events and networks remains central to our work, as well as allowing organisations to review and benchmark their own practice with our Working with Trauma Quality Mark.

Our Influence team will focus on raising the key issues affecting women and children in the justice system to push for systemic change, alongside conducting and sharing more research and learning with the sector.

We want to thank all our partners and funders for the support they have given us over the last year and look forward to working with many of you as we move into this next exciting chapter for One Small Thing.

Claire Hubberstey, CEO, One Small Thing

15

One Small Thing

Trustees’ annual report

For the year ended 31 March 2022

Financial review

The Statement of Financial Activities shows net surplus for the year of £3,092,358 (2021 £3,038,897).

We are continuing to grow and diversify our income streams. Income totalled £4,264,185 (2021: £3,878,764). Total income included £1,591,071 (2021: £1,038,500) that was restricted. Restricted funding was received for the provision of Trauma Training across the prison estate and to external bodies seeking Trauma Training and it supported our Policy and Influencing strategy. It further supported a flagship annual event that One Small Thing holds that shares best practice on Trauma Informed working with our peers and colleagues. In addition, we received restricted funding to enable Hope Street project activity, including its operational development and to support women on probation in Hampshire with housing and other support needs. Included within the £1,591,071 (2021: £1,038,500) restricted capital funds of £936,121 (2021: £500,000) and restricted revenue funds of £131,450 (2021: 80,000) was donated for the development of Hope Street.

Expenditure totalled £1,171,827 (2021 £839,867) with over 94% (2021: 81%) of our expenditure spent on our charitable activities. We have been able to allocate expenditure of £73,451 to raising funds this year (2021: £37,082). By adding capacity to our dedicated fundraising support we intend to increase efficiencies in this area over the course of the next year.

Designated funds of £4,517,257 have been set aside by trustees to support the development of Hope Street. £336,059 has been spent in the year to 31 March 2022.

The principal funding sources for the charity during the reporting period are major donors and trusts and foundations. Looking forward, we will continue to invest in fundraising capacity and the roll out of our fundraising strategy to increase and diversify our income. We are grateful for all the financial support that we receive without which we would not be able to undertake our charitable activities.

Balance Sheet

The value of One Small Thing’s net assets amounted to £7,261,317 an increase of £3,095,358 from the closing balance of £4,293,959 at 31 March 2021. Unrestricted funds at 31 March 2022 stood at £5,270,404 (2021: £3,262,593). Designated funds of £4,517,257 (2021: £2,730,190) and restricted funds of £1,990,913 (2021: £1,031,366) were also held at 31 March 2022. Designated Funds will be utilised to support the capital project, Hope Street.

During the year, the net book value of tangible fixed assets increased to £5,121,885 reflecting the development of Hope Street. Further, cash held includes £474,217 designated for the development of Hope Street.

Reserves policy and going concern

Reserves are needed to bridge the gap between spending and receiving of income and to cover unplanned emergencies, including pandemics and other expenditure. In the year ahead we face uncertain economic activity around inflation, cost of living rises and the cost of energy. Reserve levels will be maintained to

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One Small Thing

Trustees’ annual report

For the year ended 31 March 2022

provide a buffer against these uncertainties. The trustees consider that the ideal level of reserves as at 31 March 2022 to be 5 (2021: 5) months of operating costs, £488,260 (2021: £449,463). As noted above, the free reserves at 31 March 2022 were £753,147 (2021: £523,403) as per Note 14a which is above our target level.

The trustees have examined the charity’s requirements for reserves in light of the main risks to the organisation. The reserves are needed to meet the working capital requirements of the charity and the trustees are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding. The policy was reviewed for 2021/22 and it was agreed that we will target 7 months of operating costs, which recognised the current fundraising landscape post the pandemic and the cash flow requirements of the Hope Street project. However, since taking this decision we have seen that we have not been exposed to a post-COVID impact in the third sector and we continue to meet out fundraising targets. On this basis, trustees agreed that 7 month operating cost target was not necessary and that we would maintain a 5 month reserves policy.

Principal risks and uncertainties

The Board has reviewed the major risks to which the charity is exposed, and systems have been established to mitigate those risks. External risks relating to the Hope Street project have been mitigated by taking specialist legal advice on the contracting, purchase and development arrangements for this project. Risks to funding are mitigated by a fundraising plan aimed at ensuring income streams continue to be sustainable and that sufficient resources are available to undertake the charitable activities.

A Risk Management Policy has been approved by Trustees and a formal risk register is reviewed by the Finance and Risk Subcommittee quarterly. In addition to the common organisational risks around HR, internal systems, finance and fundraising and environmental we have identified critical risks specific to One Small Thing as follows;

Internal risks are minimised through a series of policies and procedures including safeguarding, health and safety, financial management and data protection.

Fundraising Disclosures

One Small Thing’s funding is from two primary sources: grants from trusts and foundations and major donor donations. We do not employ any professional fundraisers or commercial participators to carry out fundraising activities directly with the public. We have engaged a fundraising consultant to support our fundraising strategy. We do not directly involve vulnerable people in our fundraising activities. Further, we have not received any complaints about our fundraising activity. We subscribe to regulations set by the Fundraising Regulator.

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One Small Thing

Trustees’ annual report

For the year ended 31 March 2022

Structure, governance, and management

The Board of Trustees has overall responsibility for ensuring that the charity meets its charitable objectives and has an appropriate system of controls, financial and otherwise. The Board meets quarterly and is chaired by Lady Edwina Grosvenor; it currently has five members, including a Treasurer.

The structure of sub-committees includes:

Finance and Risk Hope Street Project Safeguarding

The Board also holds two Strategy Review sessions per annum with the Senior Leadership Team (SLT) and members of the team to consider how planned activities contribute to the aims and objectives.

The Board of Trustees employs the CEO, Claire Hubberstey, to whom the charity’s Board of Trustees delegates day-to-day management of the charity. The CEO manages a Senior Leadership Team consisting of the Director of Operations and Financial Controller who in turn manage their individual teams.

The organisation is a charitable company limited by guarantee, incorporated on 14 August 2018 and registered as a charity on 21 November 2018.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 6 to the accounts.

Appointment of trustees

Trustees are recruited to the Board by the Chair, and their appointment is agreed by the entire Board of Trustees. There is no external body that is entitled to appoint one or more of the Board of Trustees.

Roles are advertised with candidates asked to apply in response to the detailed role description published. Interviews are conducted with a minimum of two Trustees with a recommendation then made to appoint / not appoint.

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One Small Thing

Trustees’ annual report

For the year ended 31 March 2022

Trustee induction and training

Before starting in their role on the Board, trustees are provided with a detailed role description, and receive a comprehensive induction which includes:

Trustees are also provided with access to training which includes:

Related parties and relationships with other organisations

Our founder, Lady Edwina Grosvenor, continues to be a major funder of an unrestricted donation to the charity during the reporting period. Family members of the founder donated £501,000 by way of a personal donation (2021: £550,000).

Remuneration policy for key management personnel

The directors consider the board of directors, who are the Trust’s trustees, and the senior management team comprise the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to day basis. All trustees give of their time freely and no trustees received remuneration in the year. Details of trustee expenses and key management personnel costs are disclosed in note 6 to the accounts.

The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings. In view of the nature of the charity, the directors benchmark against pay levels in other charities of a similar size.

Statement of responsibilities of the trustees

The trustees (who are also directors of One Small Thing for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

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One Small Thing

Trustees’ annual report

For the year ended 31 March 2022

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2022 was 3 (2021: 3). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Auditor

Sayer Vincent LLP was appointed as the charitable company's auditor during the year and has expressed its willingness to continue in that capacity.

The trustees’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

The trustees’ annual report has been approved by the trustees on 13 October 2022 and signed on their behalf by

Lady Edwina Grosvenor Chair of Trustees

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Independent auditor’s report

To the members of

One Small Thing

Opinion

We have audited the financial statements of One Small Thing (the ‘charitable company’) for the year ended 31 March 2022 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on One Small Thing's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so,

21

Independent auditor’s report

To the members of

One Small Thing

consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

22

Independent auditor’s report

To the members of

One Small Thing

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the

23

Independent auditor’s report

To the members of

One Small Thing

events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Fleur Holden (Senior statutory auditor) 24 November 2022

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

24

One Small Thing

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2022

Unrestricted
£
2,540,000
22,000
108,289
2,825		 Restricted
£
82,777
1,097,123
411,171
-		 2022
Total
£
2,622,777
1,119,123
519,460
2,825		 Unrestricted
£
2,793,598
24,705
19,122
2,839		 Restricted
£
-
763,400
275,100
-		 2021
Total
£
2,793,598
788,105
294,222
2,839
2,673,114 1,591,071 4,264,185 2,840,264 1,038,500 3,878,764
73,451
422,781
44,071		 -
197,724
433,800		 73,451
620,505
477,871		 37,082
112,122
177,458		 -
235,573
277,632		 37,082
347,695
455,090
540,303 631,524 1,171,827 326,661 513,206 839,867
2,132,811
-		 959,547
-		 3,092,358
-		 2,513,603
-		 525,294
-		 3,038,897
-
2,132,811
3,262,593		 959,547
1,031,366		 3,092,358
4,293,959		 2,513,603
748,990		 525,294
506,072		 3,038,897
1,255,062

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 15a to the financial statements.

25

One Small Thing

Balance sheet

Balance sheet Balance sheet
As at 31 March 2022 Company no. 11516337
Note
£
Fixed assets:
10
Current assets:
11
258,686
2,154,605
2,413,291
Liabilities:
12
(148,859)
15a
4,642,257
753,147
Total unrestricted funds
Total charity funds
Cash at bank and in hand
Tangible assets
The funds of the charity:
Creditors: amounts falling due within one year
Net current assets
Total net assets
Restricted income funds
Unrestricted income funds:
General funds
Designated funds
Total assets less current liabilities
Debtors		 2022
£
5,121,885		 £
854,371
1,219,770		 2021
£
2,514,432
5,121,885
2,264,432		 2,514,432
1,779,527
2,413,291
(148,859)		 2,074,141
(294,614)
4,642,257
753,147		 2,739,190
523,403
7,386,317 4,293,959
7,386,317 4,293,959
1,990,913
5,395,404		 1,031,366
3,262,593
7,386,317 4,293,959

Approved by the trustees on 13 October 2022 and signed on their behalf by

Lady Edwina Grosvenor Chair of Trustees

26

One Small Thing

Statement of cash flows

For the year ended 31 March 2022

Cash flows from operating activities
Net income for the reporting period
(as per the statement of financial activities)
Decrease/(Increase) in debtors
(Decrease)/Increase in creditors
Net cash provided by operating activities
Analysis of cash and cash equivalents
Cash at bank and in hand
Total cash and cash equivalents
Net cash used in investing activities
Cash flows from investing activities:
Purchase of fixed assets
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the
year		 £
£
3,092,358
595,685
(145,755)
3,542,288
(2,607,453)
(2,607,453)
934,835
1,219,770
2,154,605
At 1 April
2021
Cash flows
£
£
1,219,770
934,835
1,219,770
934,835
2022		 £
£
3,092,358
595,685
(145,755)
3,542,288
(2,607,453)
(2,607,453)
934,835
1,219,770
2,154,605
At 1 April
2021
Cash flows
£
£
1,219,770
934,835
1,219,770
934,835
2022		 £
£
3,038,897
(625,081)
87,737
2,501,553
(2,245,033)
(2,245,033)
256,520
963,250
1,219,770
Other non-
cash changes
At 31 March
2022
£
£
-
2,154,605
-
2,154,605
2021		 £
£
3,038,897
(625,081)
87,737
2,501,553
(2,245,033)
(2,245,033)
256,520
963,250
1,219,770
Other non-
cash changes
At 31 March
2022
£
£
-
2,154,605
-
2,154,605
2021
3,542,288
(2,607,453)		 2,501,553
(2,245,033)
At 1 April
2021
£
1,219,770		 Other non-
cash changes
£
-
934,835
1,219,770		 256,520
963,250
2,154,605 1,219,770
Cash flows
£
934,835		 At 31 March
2022
£
2,154,605
1,219,770 934,835 - 2,154,605

27

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

1 Accounting policies

a) Statutory information

One Small Thing is a charitable company limited by guarantee and is incorporated in the United Kingdom.

The registered office address is c/o WeWork, New Kings Beam House, 22 Upper Ground, London SE1 9PD.

b) Basis of preparation

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

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

As set out in the Trustees Annual Report, trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

e) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

f) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

28

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

1 Accounting policies (continued)

g) Fund accounting

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

h) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

i) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Where information about the aims, objectives and projects of the charity is provided to potential beneficiaries, the costs associated with this publicity are allocated to charitable expenditure.

Support and governance costs are re-allocated to each of the activities on the following basis which is an estimate, based on staff time, of the amount attributable to each activity  Redesign the justice system (Hope Street) and educate (prisons settings) 56%

 Influence and educate (community settings) 44%

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

j) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £2,000. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. Major components are treated as a separate asset where they have significantly different patterns of consumption of economic benefits and are depreciated separately over its useful life.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Not depreciated asset until in use

k) Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.

l) Cash at bank and in hand

29

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

1 Accounting policies (continued)

m) Creditors

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

n) Financial instruments

The charity only has both basic financial assets and financial liabilities. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

o) Pensions

One Small Thing is a member of a pension arrangement with Nest Pensions and contributions are charged to the Statement of Financial Activities as paid.

2 Income from donations

Income from donations
Donations and Gifts
Gift Aid
Donated services		 Unrestricted
£
2,041,744
498,256
-		 £
77,910
500
4,367
Restricted		 2022
Total
£
2,119,654
498,756
4,367		 Unrestricted
£
2,214,353
553,600
25,645		 £
-
-
-
Restricted		 2021
Total
£
2,214,353
553,600
25,645
2,540,000 82,777 2,622,777 2,793,598 - 2,793,598

In 2022, the founder, Lady Edwina Grosvenor, donated £250,000 (2021: £404,047) as a contribution to the core costs of running the charity and a donation of £1,760,000 (2021: £1,239,999) to support the development of the Hope Street project - an unrestricted donation, designated to Hope Street by Trustees. In addition, she made a further donation for key management personnel costs of £0 (2021:£25,645) and staff expenses.

3 Income from charitable activities

Income from charitable activities
Government Funding
Trusts & Foundations
Trusts & Foundations
Training income
Total income from charitable
activities
Sub-total for Redesign the justice
system (Hope Street) and educate
(prison settings)
Sub-total for Influence and educate
(community settings)
Trauma Conference		 Unrestricted
£
-
22,000		 £
93,041
1,004,082
Restricted		 2022
Total
£
93,041
1,026,082		 Unrestricted
£
(1,295)
26,000		 £
-
763,400
Restricted		 2021
Total
£
(1,295)
789,400
22,000
-
4,341
103,948		 1,097,123
411,171
-
-		 1,119,123
411,171
4,341
103,948		 24,705
-
5,550
13,572		 763,400
275,100
-
-		 788,105
275,100
5,550
13,572
108,289
 411,171 519,460 19,122 275,100 294,222
130,289 1,508,294 1,638,583 43,827 1,038,500 1,082,327

30

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

4a Analysis of expenditure (current year)

Charitable activities

Staff costs (Note 6)
Travel expenses
Insurance costs
Delivery of trauma work in secure estate &
Community Settings
Hope Street
Podcasts
Auditor fees
Professional fees
Legal Fees
Other
Support costs
Governance costs
Total expenditure 2022		 Raising
funds
£
41,317
2,739
-
-
-
-
-
-
-
29,395
73,451
-
-
73,451		 £
301,587
6,547
-
55,801
164,069
-
-
-
-
-
528,004
82,102
10,399
620,505
Redesign the
justice system
(Hope Street)
and educate
(prisons
settings)		 Governance
costs
£
£
246,892
-
959
-
-
2,463
143,680
-
-
-
15,102
-
11,888
-
220
-
1,800
-
2,037
406,633
18,408
63,229
-
8,009
(18,408)
477,871
-
Influence and
educate
(community
settings)		 Support
costs
£
76,732
5,086
-
-
-
-
-
-
-
63,513
145,331
(145,331)
-
-		 2022
Total
£
666,528
15,331
2,463
199,481
164,069
15,102
11,888
220
1,800
94,945
1,171,827
-
-
1,171,827

Other includes: IT costs, HR/Payroll set up costs, Marketing, Rent/Premises costs, Telephone & fundraising consultant fees

31

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

4b Analysis of expenditure (prior year)

Charitable activities

Staff costs (Note 6)
Travel expenses
Insurance costs
Delivery of trauma work in secure estate &
Community Settings
Hope Street
Podcasts
Auditor fees
Professional fees
Legal Fees
Other
Support costs
Governance costs
Total expenditure 2021		 Raising
funds
£
£
35,794
164,703
1,288
1,742
-
79
-
18,137
-
105,550
-
-
-
-
249
-
-
-
3,407
37,082
293,866
-
45,985
-
7,844
37,082
347,695
Redesign the
justice system
(Hope Street) and
educate (prisons
settings)		 Raising
funds
£
£
35,794
164,703
1,288
1,742
-
79
-
18,137
-
105,550
-
-
-
-
249
-
-
-
3,407
37,082
293,866
-
45,985
-
7,844
37,082
347,695
Redesign the
justice system
(Hope Street) and
educate (prisons
settings)		 Governance
costs
£
£
148,249
-
1,884
515
706
1,086
188,032
-
-
-
15,038
-
10,475
2,237
3,436
-
2,166
28,486
433
384,633
18,111
60,189
-
10,267
(18,111)
455,089
-
Influence and
educate
(community
settings)		 Governance
costs
£
£
148,249
-
1,884
515
706
1,086
188,032
-
-
-
15,038
-
10,475
2,237
3,436
-
2,166
28,486
433
384,633
18,111
60,189
-
10,267
(18,111)
455,089
-
Influence and
educate
(community
settings)		 Support
costs
£
63,630
3,348
-
-
-
-
-
-
-
39,196		 2021
Total
£
412,376
8,777
1,871
206,169
105,550
15,038
10,475
5,922
2,166
71,522
37,082
-
-		 293,866
45,985
7,844		 384,633
60,189
10,267		 18,111
-
(18,111)		 106,174
(106,174)
-		 839,867
-
-
37,082 347,695 455,089 - - 839,867

Charitable activities have been restated to more accurately reflect the vision and mission of One Small Thing

Other includes: IT costs, HR/Payroll set up costs, Marketing, Rent/Premises costs, Telephone

32

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

5 Net income for the year

This is stated after charging:

This is stated after charging:
2022 2021
£ £
Auditor's remuneration (excluding VAT):
Audit fees 10,000 9,500

6 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Staff costs covered by donation
Employer’s contribution to defined contribution pension schemes
Social security costs		 2022
£
571,551
-
59,439
18,004
648,994		 2021
£
342,735
23,480
35,153
11,008
412,376

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:


employer's national insurance) during the year between:
2022 2021
No. No.
£60,000 - £69,999 1 1
£70,000 - £79,999 1 1
£100,000 - £109,999 1 -

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £269,887 (2021: £220,009), which included £0 of staff costs paid for by the trustee and founder as a donation (2021: £23,480).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

£50 of trustee expenses were incurred during the year (2021: £nil).

33

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

7 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows:

Governance
Charitable activities
Raising funds
Support		 2022
No.
0.5
10.1
1.2
0.3		 2021
No.
0.5
3.5
2.3
0.7
12.1 7.0

Aggregate donations from the founder of the charity, trustee Lady Edwina Grosvenor, were £1,862,498 including gift aid (2021: £2,730,704), which includes donations for salaries and staff expenses of £0 (2021: £25,645). Of this £1,549,999 was donated to support the development of the Hope Street project.

Family members of the founder of the charity, trustee Lady Edwina Grosvenor, donated £500,000 as personal donation (2021: £562,500).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

9 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

34

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

10 Tangible fixed assets

At the end of the year
At the end of the year
Net book value
At the end of the year
At the start of the year
Charge for the year
At the start of the year
Additions in year
Depreciation
Cost
At the start of the year		 £
2,514,432
2,607,453
Asset under
construction		 Total
£
2,514,432
2,607,453
5,121,885 5,121,885
-
-		 -
-
- -
5,121,885 5,121,885
2,514,432 2,514,432

Included within Assets under construction is the construction and development of 29 The Avenue, Southampton and 30-32 The Avenue, Southampton (Hope Street) which is not depreciated. The asset will be depreciated when brought into use.

All of the above assets will be used for charitable purposes.

11 Debtors

Debtors
Trade debtors
Prepayments
Gift Aid recoverable
Other debtors
Accrued income
VAT recoverable		 2022
£
-
92,641
28,713
8,777
3,555
125,000		 2021
£
68,750
441,180
25,754
38,962
4,725
275,000
258,686 854,371

35

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

12 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Trade creditors
Other creditors
Taxation and social security
Accruals
Deferred income (note 13)		 2022
£
71,946
27,390
4,883
29,974
14,666		 2021
£
122,294
20,126
-
71,838
80,356
148,859 294,614

13 Deferred income

Deferred income comprises £14,666 from training income.

Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year		 2022
£
80,356
(80,356)
14,666		 2021
£
65,000
-
15,356
14,666 80,356

14a Analysis of net assets between funds (current year)

Analysis of net assets between funds (current year)
Net current assets
Tangible fixed assets
Net assets at 31 March 2022
Tangible fixed assets
Net current assets
Net assets at 31 March 2021
Analysis of net assets between funds (prior year)		 General
unrestricted
£
60,581
692,566		 Designated
£
4,043,040
599,217		 Restricted
£
1,018,264
972,649		 Total funds
£
5,121,885
2,264,432
753,147 4,642,257 1,990,913 7,386,317
General
unrestricted
£
12,103
511,300		 Designated
£
1,905,503
833,687		 Restricted
£
596,826
434,540		 Total funds
£
2,514,432
1,779,527
523,403 2,739,190 1,031,366 4,293,959

14b Analysis of net assets between funds (prior year)

36

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

15a Movements in funds (current year)

At 1 April
2021
Income &
gains
£
£
192,680
-
23,071
25,000
381,074
-
The Schroder Foundation
30,000
-
Garfield Weston
-
500,000
-
4,367
The Sainsburys Family Trust
-
6,754
The Band Trust
-
400,000
-
-
-
-
79,564
-
1,063
65,000
97,706
47,328
The Dulverton Trust
49,954
50,000
Advance Advocacy and Non-Violent Co
-
28,041
-
4,850
-
30,000
-
18,559
176,254
411,172
Total restricted funds
1,031,366
1,591,071
342,203
-
-
625,000
1,563,300
1,549,999
109,234
-
636,653
-
5,000
-
62,500
970
20,000
20,000
300
43,157
Total designated funds
2,739,190
2,239,126
General funds
523,403
433,988
3,262,593
2,673,114
4,293,959
4,264,185
J Leon Philanthropy Council
George Cadbury Fund
Relief and Rehabilitation from within
the criminal justice system:
The Julia Hans and Rausing Trust
CHK Foundation
George Cadbury Fund
Westminster Foundation
Total unrestricted funds
Westminster Foundation
VIVID Housing
Lady Tamara & Viola Grosvenor
Restricted funds - capital:
CHK Foundation
Promotion of Social Inclusion:
Relief and Rehabilitation from within
the criminal justice system:
Restricted funds - revenue:
Ministry of Justice
VIVID Housing
James Netto
Hope Street - Restricted Funds
The Julia Hans and Rausing Trust
Unrestricted funds:
Hope Street - Designated Funds
The Snow Family
Lady Edwina Grosvenor
The Kowitz Foundation
Designated funds - capital
Duchess of Westminster
Lady Edwina Grosvenor
Designated funds - revenue
Total funds
Duchess of Westminster		 At 1 April
2021
Income &
gains
£
£
192,680
-
23,071
25,000
381,074
-
The Schroder Foundation
30,000
-
Garfield Weston
-
500,000
-
4,367
The Sainsburys Family Trust
-
6,754
The Band Trust
-
400,000
-
-
-
-
79,564
-
1,063
65,000
97,706
47,328
The Dulverton Trust
49,954
50,000
Advance Advocacy and Non-Violent Co
-
28,041
-
4,850
-
30,000
-
18,559
176,254
411,172
Total restricted funds
1,031,366
1,591,071
342,203
-
-
625,000
1,563,300
1,549,999
109,234
-
636,653
-
5,000
-
62,500
970
20,000
20,000
300
43,157
Total designated funds
2,739,190
2,239,126
General funds
523,403
433,988
3,262,593
2,673,114
4,293,959
4,264,185
J Leon Philanthropy Council
George Cadbury Fund
Relief and Rehabilitation from within
the criminal justice system:
The Julia Hans and Rausing Trust
CHK Foundation
George Cadbury Fund
Westminster Foundation
Total unrestricted funds
Westminster Foundation
VIVID Housing
Lady Tamara & Viola Grosvenor
Restricted funds - capital:
CHK Foundation
Promotion of Social Inclusion:
Relief and Rehabilitation from within
the criminal justice system:
Restricted funds - revenue:
Ministry of Justice
VIVID Housing
James Netto
Hope Street - Restricted Funds
The Julia Hans and Rausing Trust
Unrestricted funds:
Hope Street - Designated Funds
The Snow Family
Lady Edwina Grosvenor
The Kowitz Foundation
Designated funds - capital
Duchess of Westminster
Lady Edwina Grosvenor
Designated funds - revenue
Total funds
Duchess of Westminster		 At 1 April
2021
Income &
gains
£
£
192,680
-
23,071
25,000
381,074
-
The Schroder Foundation
30,000
-
Garfield Weston
-
500,000
-
4,367
The Sainsburys Family Trust
-
6,754
The Band Trust
-
400,000
-
-
-
-
79,564
-
1,063
65,000
97,706
47,328
The Dulverton Trust
49,954
50,000
Advance Advocacy and Non-Violent Co
-
28,041
-
4,850
-
30,000
-
18,559
176,254
411,172
Total restricted funds
1,031,366
1,591,071
342,203
-
-
625,000
1,563,300
1,549,999
109,234
-
636,653
-
5,000
-
62,500
970
20,000
20,000
300
43,157
Total designated funds
2,739,190
2,239,126
General funds
523,403
433,988
3,262,593
2,673,114
4,293,959
4,264,185
J Leon Philanthropy Council
George Cadbury Fund
Relief and Rehabilitation from within
the criminal justice system:
The Julia Hans and Rausing Trust
CHK Foundation
George Cadbury Fund
Westminster Foundation
Total unrestricted funds
Westminster Foundation
VIVID Housing
Lady Tamara & Viola Grosvenor
Restricted funds - capital:
CHK Foundation
Promotion of Social Inclusion:
Relief and Rehabilitation from within
the criminal justice system:
Restricted funds - revenue:
Ministry of Justice
VIVID Housing
James Netto
Hope Street - Restricted Funds
The Julia Hans and Rausing Trust
Unrestricted funds:
Hope Street - Designated Funds
The Snow Family
Lady Edwina Grosvenor
The Kowitz Foundation
Designated funds - capital
Duchess of Westminster
Lady Edwina Grosvenor
Designated funds - revenue
Total funds
Duchess of Westminster		 Expenditure
& losses
£
-
-
-
-
(11,185)
-
-
-
(19,675)
-
266
(54,884)
(32,589)
(57,869)
(21,315)
(473)
-
-
(433,800)		 Transfers
£
(19,675)
-
-
-
-
-
-
-
19,675
-
-
-
-
-
-
-
-
-
-		 At 31 March
2022
£
173,005
48,071
381,074
30,000
488,815
4,367
6,754
400,000
-
-
79,830
11,179
112,445
42,085
6,726
4,377
30,000
18,559
153,626
1,031,366 1,591,071 (631,524) - 1,990,913
342,203
-
1,563,300
109,234
636,653
5,000
62,500
20,000
300		 -
625,000
1,549,999
-
-
-
970
20,000
43,157		 -
-
-
(138,265)
(53,110)
(204)
(62,500)
(41,055)
(40,925)		 (138,265)
-
(53,110)
138,265
53,110
-
-
1,055
(1,055)		 203,938
625,000
3,060,189
109,234
636,653
4,796
970
-
1,477
2,739,190 2,239,126 (336,059) - 4,642,257
523,403 433,988 (204,244) - 753,147
3,262,593 2,673,114 (540,303) - 5,395,404
4,293,959 4,264,185 (1,171,827) - 7,386,317

The narrative to explain the purpose of each fund is given at the foot of the note below.

37

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

15b Movements in funds (prior year)

The Dulverton Trust
The Schroder Foundation
Total restricted funds
Total designated funds
General funds
Restricted funds - capital
Unrestricted funds:
CHK Foundation
George Cadbury Fund
Relief and Rehabilitation from within
the criminal justice system:
Restricted funds - revenue:
CHK Foundation
George Cadbury Fund
Westminster Foundation
Minstry of Justice
The Julia Hans and Rausing Trust
Westminster Foundation
Promotion of Social Inclusion:
The Julia Hans and Rausing Trust
Total unrestricted funds
Total funds
J Leon Philanthropy Council
Designated funds - capital
Hope Street - Designated Funds
Relief and Rehabilitation from within
the criminal justice system:
Duchess of Westminster
Lady Edwina Grosvenor
Designated funds - revenue
Duchess of Westminster
Lady Edwina Grosvenor
The Kowitz Foundation
The Snow Family		 At 1 April
2020
£
195,072
23,133
-
-
-
-
5,234
103,847
-
-
178,786		 Income &
gains
£
-
-
-
-
-
500,000
-
183,400
50,000
30,000
275,100		 Expenditure
& losses
£
-
-
-
(2,392)
(62)
(39,362)
(4,171)
(189,541)
(46)
-
(277,632)		 Transfers
£
(2,392)
(62)
381,074
2,392
62
(381,074)
-
-
-
-
-		 At 31 March
2021
£
192,680
23,071
381,074
-
-
79,564
1,063
97,706
49,954
30,000
176,254
506,072 1,038,500 (513,206) - 1,031,366
-
-
608,560
-
-
-
-
-		 -
-
-
-
-
-
-
-		 -
-
(157,123)
-
-
-
-
-		 342,203
1,563,300
(342,203)
636,653
5,000
62,500
20,000
300		 342,203
1,563,300
109,234
636,653
5,000
62,500
20,000
300
608,560 - (157,123) 2,287,753 2,739,190
140,430 2,840,264 (169,538) (2,287,753) 523,403
748,990 2,840,264 (326,661) - 3,262,593
1,255,062 3,878,764 (839,867) - 4,293,959

38

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

Purposes of restricted funds

Capital – to redesign the criminal justice system by develop a pioneering residential community for women and their children

Funders supporting this are CHK Foundation George Cadbury Fund Westminster Foundation Garfield Weston VIVID Housing The Schroder Foundation The Sainsburys Family Trust The Band Trust

Revenue – to provide relief and rehabilitation within the criminal justice system CHK Foundation George Cadbury Fund Westminster Foundation Ministry of Justice The Julia Hans and Rausing Trust The Dulverton Trust Advance Advocacy and Non-Violent Community Education VIVID Housing James Netto

Revenue – to promote social inclusion The Julia Hans and Rausing Trust

Purposes of designated funds

All designated funds have been agreed by Trustees to further the objects of One Small Thing specific to the construction and development of the Hope Street project.

Transfers

Any transfers made during the year are to correctly reflect the split of reserves between capital and revenue funding.

16 Capital commitments

At the balance sheet date, the charity had committed to pay £5.1m for the construction of a new building at 30-32 The Avenue, Southampton. In addition, a further £196K is committed to cover fees associated with the design and service of Hope Street.

39

One Small Thing

Notes to the financial statements

For the year ended 31 March 2022

17 Post balance sheet events

One Small Thing submitted purchased and refurbished the first supported housing facility within the Hope Street project that will provide a blueprint for a national network of county-based facilities. These facilities will create an alternative justice system for women. The property came into use in June 22 and hosted our first resident.

Loan financing of £320,000 was agreed in June 2021 from SASC Bank to support the purchase and refurbishment of 29 The Avenue, Southampton (Hope Street). This has since been revalued to a loan value of £380,000 and will be drawn down in Aug 22.

Lady Edwina Grosvenor has committed to providing loan financing of £1.5m to support the development of the Hope Street project with repayment due on securing new financing after Hope Street is operational. The loan will be drawn down in April 22.

In July 2022 One Small Thing registered and incorporated Hope Street Hampshire Community Interest Company. The entity is a subsidiary of One Small Thing and is specifically purposed to ringfence operational activity associated with our supported housing portfolio.

18 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10.

40