Company number: 11516337 Charity Number: 1180782 

## One Small Thing 

Report and financial statements For the year ended 31 March 2023 




**One Small Thing** 

## **Contents** 

## **For the year ended 31 March 2023** 

Reference and administrative information  ........................................................................................................................ 1 Trustees’ annual report  ..................................................................................................................................................... 2 Independent auditor’s report  .......................................................................................................................................... 24 Statement of financial activities (incorporating an income and expenditure account)  .................................................. 28 Balance sheet  ................................................................................................................................................................... 29 Statement of cash flows ................................................................................................................................................... 30 Notes to the financial statements  ................................................................................................................................... 31 



**One Small Thing** 

## **Reference and administra�ve informa�on** 

**For the year ended 31 March 2023** 

|**Company number**|11516337||
|---|---|---|
|**Country of incorporation**<br>United Kingdom|||
|**Charity number**|1180782||
|**Country of registration**|England & Wales||
|**Registered office address**<br>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|resigned February 2023|
||Eleanor Davison||
||Catherine Bland|Treasurer (retired Dec 22)|
||Samantha Horne|Treasurer (appointed Jan 23)|
||Laurie Hunt||
||Lorna Forbes|appointed February 2023|
||Sisasenkosi Moyo|appointed February 2023|
||Sarah Hughes|appointed June 2023|
|**Key management**|Claire Hubberstey|Chief Executive|
|**Personnel**|Rachel Oliver|Director of Operations and Deputy CEO|
||Emma Caleya Chetty|Finance Director|
|**Bankers**|CAF Bank Ltd|The Cooperative Bank|
||25 Kings Hill Avenue|1 Balloon Street|
||Kings Hill|Manchester|
||Kent|M60 4EP|
||ME19 4JQ||
|**Auditor**|Sayer Vincent LLP||
||Invicta House||
||108-114 Golden Lane||
||LONDON||
||EC1Y 0TL||



1 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

The trustees present their report and the audited financial statements for the year ended 31 March 2023. 

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. 

## **Foreword** 

This year saw the comple�on of the build phase of our ground-breaking _**redesign**_ pilot project, Hope Street. The culmina�on of over six years planning and development has led us to this point, and I could not be more proud to open this pioneering residen�al community and welcome jus�ce involved women and children this summer. 

Our _**Educate**_ work strand has con�nued to grow and we have developed a suite of new courses for prac��oners on trauma informed champions, leadership, wellbeing, skills and policy development. Over the last year, 35 organisa�ons have begun our Working with Trauma Quality Mark, and we have also developed a trauma informed framework for secure se�ngs, currently being piloted across two prison se�ngs. 

Since the pandemic and the implica�ons on regimes in prisons, we have recently been able to support a number of teams across the women’s estate to restart their Healing Trauma programmes. We developed more self-soothing and mindfulness videos for women in prison, developed with women with lived experience and broadcast across the estate with Wayout TV. 

Our work con�nues apace with the team now responding to all relevant policy developments and consulta�ons. With the recent publica�on of a na�onal ac�on plan for the female offender strategy our influencing team now have a framework with which to hold the government to account. Our parliamentary event in July 2022 highlighted the impact of intergenera�onal harm and trauma caused by maternal imprisonment.  A range of cross party MPs atended and learnt about this vital issue from new research from the University of Northumbria and directly from young people with lived experience of having a mother in prison. 

Now we have completed the build phase of Hope Street, we are ready to build the evidence base, through our independent evalua�on led by The University of Southampton, Prison Reform Trust and EP:IC to prove that women do not need to be imprisoned unnecessarily on short sentences for non-violent crimes and there is a beter, more compassionate way to support them and their children in the community.  I look forward to sharing our learnings over the months and years to come. 


**Edwina Grosvenor Founder and Chair of One Small Thing** 

2 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **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: 

- to benefit the public by promoting the relief and rehabilitation of prisoners in the United Kingdom prison estate, of ex-offenders and of people at risk of offending by: 

   - Enabling the provision and implementation of gender-responsive and trauma-informed practice within the criminal justice system; and 

   - The provision of a community-based centre or centres offering accommodation, specialist services and opportunities to engage in work activities, education and training to women (and their children) who are in the criminal justice system or who are at risk of offending or reoffending. 

   - the promotion of social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. 

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. 

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

We want a compassionate system that recognises the vicious cycle of trauma and disadvantage at the root of jus�ce involvement and allows people to recover from trauma and thrive. Our core focus is on women and their children because of the addi�onal discrimina�on and disadvantage they face. 

How: 

- Redesign the way the jus�ce system responds to women and their children in a way that can be replicated and scaled na�onally. 

- Educate people within the jus�ce system on the impact of trauma, and draw on our knowledge and exper�se to help build capacity within organisa�ons. 

- the people who work within it. 

3 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **Redesign** 

## **We redesign the way the jus�ce system responds to women and their children in a way that can be replicated and scaled na�onally.** 

One Small Thing's commitment to systemic change for women and their children in the jus�ce system, has inspired us to build Hope Street. Hope Street will pilot a new approach to working with women involved in the criminal jus�ce system. From within a healing, trauma-informed, residen�al environment, women and children will have access to a range of specialist support. By taking a posi�ve and compassionate approach, we aim to create a blueprint for change that can be replicated across the country and achieve beter outcomes for women, their children and society. 

## **Progress in 22/23** 

## **Our Impact with Women** 

first of a network of Hope Houses across Hampshire we plan to open for women and children, to ensure there is long term support and accommoda�on in place once their stay at the Hope Street residen�al hub has come to an end.  This year we have provided accommoda�on to women being supported by proba�on in the community who have a need for housing whilst we are comple�ng the Hub build. 

_**“Moving into Hope House has been a really positive experience for me. I like the way it has been decorated and furnished as it feels like a home. I feel really motivated and believe that now I have the right support around me from people who listen to me and respect me, I can achieve the things I want for my life.”**_ Our 

partnership with women's charity Advance, working with women on proba�on in Hampshire. While Hope Street was being built, we ran groups in our temporary offices and during 2022/23 we ran: 


_Helping Women Recover is Dr Stephanie Covington’s programme for women with substance use issues._ 

We also were able to invite partner organisa�ons in to facilitate the following: 

- 34 SMART groups (SMART Recovery – mutual-aid mee�ngs to help par�cipants with various forms of addic�on) 

- 

- 11 Singing/Ukulele groups 

4 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

- 6 Art Therapy sessions 

- 8 Crea�ng Change groups (A par�cipatory arts programme for women on proba�on) 

## **The Build** 



Hope Street Exterior 

This year the focus has been comple�ng the build of the main Hub at Hope Street as we prepare to open our doors to women and children in the summer of 2023.  Once the exterior of the main building was complete we celebrated this important milestone with stakeholders and contractors.  This provided a great opportunity to reflect on all the amazing progress that had been made and thank everyone involved during this phase.  From December onwards, our focus shi�ed to the interiors and garden, making sure the Hope Street Hub is a homely and welcoming environment. 


Hope Street Recep�on Room 

5 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## 

Through Hope Street we aim to create a blueprint for change that can be replicated across the country and ul�mately reduce the number of women being sentenced into custody unnecessarily. To support this ambi�on, much of our influencing work is focussed on raising awareness of Hope Street and the issues it is trying to tackle with key decision and policy makers.   Over the year, we have hosted senior poli�cians such as Jus�ce Minister Damien Hinds and Hampshire’s Police and Crime Commissioner, had Hope Street highlighted in Parliament on various occasions, and delivered a parliamentary event highligh�ng the impact of maternal separa�on through imprisonment. Please visit page 8 -11 to hear more about One Small Thing’s wider influencing work to create posi�ve change for women involved in the jus�ce system and their children. 


Hope Street Women’s Lounge 

## **Educate** 

We educate people within the jus�ce system on the impact of trauma and draw on our knowledge and exper�se to help build capacity within organisa�ons. 

## **Training** 

an understanding of the dynamics and process of trauma, to inform prac�ce and system change. Our training courses have three primary objec�ves: 

- work with 

- To provide opportuni�es for skill enhancement 

- 

In 2022-23, as well as con�nuing to deliver our introductory course - Becoming Trauma Informed Awareness - we developed and piloted a range of new courses, adding breadth to our training offer. Our new courses cover a wide range of different aspects of trauma informed working, suppor�ng par�cipants to build on their knowledge and provide prac�cal ways to apply trauma informed approaches in their organisa�ons. 

6 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

Our new courses are: 

## **Trauma Informed Team Leadership** 

This course is for leaders to support their understanding and applica�on of trauma informed values to team leadership. 

## **How to: Develop Trauma Informed Champions** 

Trauma informed champions are a way to embed trauma informed ideals across an organisa�on. This workshop covers the role of trauma informed champions and assessing current prac�ce so trauma informed champions can be fully u�lised. 

## **Trauma Informed Wellbeing** 

This course is designed to help individuals to think more deeply about their own wellbeing as well as for managers who want to beter support their teams. 

## **Skills for Trauma Informed Working** 

skills needed to work in a trauma informed way with others. 

## **How to: Develop Trauma Informed Policies** 

This training workshop will enable par�cipants to explore how trauma informed working applies to organisa�onal policy development. 

## **In 2022-23 we trained:** 

## **To a total of:** 



## **Including:** 

13 organisa�ons commissioned us for in-house training. 

49 organisa�ons atended our open access training courses 

We have delivered training to a range of organisa�ons including: 

- **Universi�es** 

- **Women’s Centres** 

- **Women’s prisons** 

- **Witness Care Units** 

7 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

- **Domes�c abuse chari�es** 

- **Mental health chari�es** 

- **NHS Mental Health Trusts** 

- **Criminal jus�ce organisa�ons** 

- **Theatre/arts organisa�ons** 

- **Learning disability chari�es** 

Through our in-house training, we supported a wide range of organisa�ons to develop their trauma informed working, including West Midlands Witness Care Unit, England Boxing, Not Beyond Redemp�on, Change Grow Live, Together for Mental Health, NHS Midlands Health and Jus�ce – and more. 

**Training impact (excluding secure se�ngs):** 




**of par�cipants have an increased understanding of how trauma impacts individuals and trauma informed approaches.** 

**work.** 

**of par�cipants would recommend the course to a colleague.** 

_**‘This training provided a real change to how I think about what should be included in our policies and how they should be written.’**_ 

How to: Develop Trauma Informed Policies, December 2023 

_‘_ _**The course maintained a trauma informed focus and realistically recognised some of the challenges within teams especially at times of change. It enabled the theory of leadership to translate into real scenarios and issues.’**_ 

Trauma Informed Team Leadership, March 2023 

_‘_ _**We all already know a lot about trauma but we were able to get deeper into the subject and how we can use our knowledge practically within a traumatizing criminal justice system.’**_ 

Becoming Trauma Informed Awareness, July 2022 

**Working in Secure Se�ngs** 

8 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

Our _Becoming Trauma Informed_ (BTI) cultural change programme con�nues its delivery across the women’s estate. Over the past year, the governors and BTI leads from each of the twelve prisons have been invited to a range of events and training days. Our key focus has been to provide refresher training for staff in BTI Awareness and the Healing Trauma Interven�on to equip teams with the necessary skills and knowledge to strengthen and improve their local delivery. We delivered a well received BTI taster session specifically designed for the women’s estate prison governors to refresh and reinvigorate their leadership of this important programme of work. 

In collabora�on with our prison partners, we have supported their local BTI teams to review and restart the Healing Trauma interven�on following the challenging restric�ons of the Covid-19 pandemic. Healing Trauma is a gender-responsive, six-week trauma interven�on for women. It is designed to help assist recovery from the nega�ve effects of trauma, to discover new ways to thrive with a happier life and to enjoy healthier rela�onships. The reintroduc�on of the Healing Trauma interven�on is supported by a new HMPPS designed Implementa�on Strategy providing opera�onal guidance and local expecta�ons for delivery. 

from across seven establishments atending our January session hosted by HMP Peterborough. 


_Photograph: BTI Leads and HMPPS senior team who received their certificates when attending the LTHSE Celebration event 5[th] May 2022_ 

April 2022 marked the end of our Becoming Trauma Informed (BTI) Cultural Change Programme in the Long Term High Secure Estate (LTHSE). To celebrate the innova�ve work carried out by both the BTI central guide team and the local BTI prison-based teams, in May, we invited them to an end of programme event. This provided an opportunity for an overview of the whole programme with a specific focus on team reflec�on and how the ini�al aims and ambi�ons had developed and progressed from incep�on to frontline delivery. Lady Edwina Grosvenor presented the BTI teams from each establishment with a cer�ficate acknowledging their contribu�ons and input. 

We produced new materials including CDs and DVDs with self-soothing exercises for those living in prison. The exercises, demonstra�ng medita�on, yoga and mindfulness were designed in collabora�on and presented by a woman with lived experience of the jus�ce system. These were broadcast across the prison estate via Wayout TV and copies issued to staff for distribu�on to prison residents. 

_**“The videos brought me great comfort and helped me to relax when I was feeling really anxious.”**_ Comment from a prison resident sent to Wayout TV. **Working with Trauma Framework for Secure Settings** 

9 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

Drawing on our Working with Trauma Quality Mark, we worked extensively to develop and design our **Working with Trauma Framework for Secure Se�ngs** . The Framework has been adapted and specifically designed to support staff who work in prisons and other secure environments. It is currently being piloted in a women’s prison and by three mental health teams working in the male prison estate. We are collabora�ng with our partners to ensure the Framework is effec�ve, func�onal and beneficial. 

**Training in secure settings In 2022-23, we trained:** 




**of par�cipants said that the training will help them in their work.** 

**of par�cipants would recommend the course to a colleague.** 

**“BTI** _**informed and embedding it into their everyday work- including in areas such as safety, the gym and supporting staff wellbeing. As a guide team we are committed to spreading further awareness of this**_ **.”** _**important work for both our staff and prisoners**_ Staff member from the (LTHSE) Celebra�on event May 2022 

**“It** _**felt safe, it felt like I wasn’t in prison, and I felt secure… It was moving….it was honest**_ **.”** Resident, Healing Trauma intervention participant, HMP Send June 2022 

**“Really** _**enjoyed the training- I feel that this…. would be valuable for all teams in prison**_ **.”** Prison Officer, BTI Awareness training, HMP Forest Bank June 2022 

**“Insigh�ul** _**and interesting. Found it to be thought provoking and made me think about the possible traumas behind people’s behaviour that I hadn’t considered before**_ **.”** Prison Officer, BTI Awareness training, HMP Forest Bank June 2022 

**“Raised** _**awareness and served as a reminder to be more centred and to check in with yourself more often as life events and trauma often creep in. It was a great session. Thank you**_ **.”** Resident, Trauma Informed Care Training, England Boxing, HMP Brixton, June 2022 

**“** _**Really informative course - not only will this benefit me in my career but also given me tools for my personal life**_ **.”** Prison Officer, Healing Trauma Interven�on training, HMP YOI Askham Grange, February 2023 

**“** _**I found your passion and dedication to be so powerful in the room and it was really lovely to be in a space for a whole day where someone else was also holding the hope. I thoroughly enjoyed it, it’s invigorated me and it has ‘topped me up’ to carry on. Your colleagues and clients are very lucky to be working with you**_ **.”** Prison Psychologist, BTI Awareness training, HMP YOI Styal April 2023 

10 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **Trauma Informed Networks** 

One Small Thing's regional Trauma Informed Network gives prac��oners the opportunity to meet colleagues from a range of organisa�ons and sectors to reflect, share challenges and find solu�ons to embedding trauma informed prac�ce. 

Working in the jus�ce and community sectors suppor�ng 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 organisa�on about their work and find new solu�ons to challenges they face. 


Speakers from the organisa�on Muslim Women in Prison at OST LIVE North 

As well as running regular network events throughout the year, we were delighted to run two larger OST LIVE events in the Summer of 2022/23. The first OST LIVE, hosted in Sheffield, explored the issues facing Muslim, Black and minori�sed women in the jus�ce system, as well as how trauma-informed prac�ce works on the ground in the jus�ce and community sectors. We were lucky to hear from Sofia Buncy, Na�onal Coordinator at Muslim Women in Prison; Marchu Girma, Chief Execu�ve at Hibiscus Ini�a�ves; and Louisa Steele and Natalie Wong from Standing Together Against Domes�c Abuse - who shared learning from Keeping Us Safer, a report on trauma-informed prac�ce with homeless women facing mul�ple disadvantage. 

Our second OST LIVE event in Cambridge had a par�cular focus on maternal separa�on, and provided the opportunity to share learning around suppor�ng women who are separated from their children through imprisonment or other circumstances. We were delighted to be joined by speakers Dr Lucy Baldwin, Senior Lecturer in Criminology at De Mon�ort University and Rubi Rodriguez Nieto, Community Services Manager at Birth Companions. 

11 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **2022-23:** 


**Sheffield and OST LIVE SOUTH in Cambridge.** 




92% of those atending the network mee�ngs and OST LIVE found the event useful for their work. 

We explored a range of themes and topics including cultural competency, the social model of disability, maternal separa�on and gender responsive approaches – and more. 

We heard from speakers from a wide variety of organisa�ons such as Muslim Women in Prison, Disability Wales, Office for Police and Crime Commissioner, Birth Companions – and more. 

_**“It's given me more motivation to continue encouraging my staff team to work in a trauma-informed way. Sometimes it can feel like an impossible task, but this has helped me re-focus on this as an objective.”**_ South West Network, May 2022 

_**“Thank you so much for providing such an inclusive and positive space where everyone was committed to learning and sharing.”**_ Wales Network, October 2022 

12 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

We asked those who atended our OST LIVE events what they felt inspired to do a�er having atended. 


## **OST LIVE feedback:** 

## _**‘I had an amazing time and felt confidence in myself that I haven’t felt in years. I was made to feel so welcome from the start.’**_ 

_**‘The way that the session was delivered was fantastic ... I've never been to a trauma informed session like this before. Thank you!’**_ 

## **Working with Trauma Quality Mark** 

The Working with Trauma Quality Mark provides a robust set of na�onal standards to recognise and celebrate good prac�ce in trauma-informed work. The Quality Mark has three different levels of achievement: 

- Bronze: Trauma Aware. Organisa�ons have an understanding of trauma and its impact and organisa�onal plans are in place to implement trauma informed prac�ce. 

- Silver: Trauma Informed. Trauma informed prac�ce is implemented across the organisa�on’s culture, prac�ce, environment and individual needs and well-being are priori�sed. 

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

Over the year we have explored ways to develop the reach of the Quality Mark and pursued in-person opportuni�es to share this work in different regions across the UK. One Small Thing’s Head of Quality and Networks presented at _Trauma Informed Cumbria_ conference, at the London Pathway Partnership Team Day, and to Lancashire's Violence Reduc�on Network's trauma informed conference. We also delivered 20 online workshops to a range of interested organisa�ons. Thanks to these efforts, 35 organisa�ons started their Quality Mark journey in 2022/23, up from 13 the previous year. We are con�nuing to build these partnerships across the UK and look forward to suppor�ng more organisa�ons to take part in the Working with Trauma Quality Mark, suppor�ng them to develop and embed their trauma informed prac�ces and policies. 

13 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **In 2022-23** 

We ran **20** Working with Trauma Quality Mark Informa�on Workshops to **242** par�cipants. 

it is suitable for them. 

## **In 2022-23:** 


Of those 35: 



Clean Break 

Changing Tunes, West Midlands Witness Care Unit, Working Chance, Footsteps - St Giles Trust. 

_**‘[Doing the Quality Mark] was an excellent process, worth every moment of the hard work. This truly opened the minds and understanding of those least likely to be involved in fact to face work with the women.’**_ Jacqueline Stewart, Head of Participation, Clean Break 

_**and made us ask some searching questions of ourselves, helping us build our trauma informed practice.’**_ David Jones, Chief Execu�ve of Changing Tunes 

## 

people who work within it. 

14 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **Policy** 

Our new Policy and Communications Officer started in post in April, increasing capacity within the team significantly. We responded to many Government consultations over the year, drawing on evidence from our work and the voice of lived experience through our Women’s Involvement Advisor Lilly Lewis, this includes: 

- The Jus�ce Select Commitee’s inquiry into the role of adult custodial remand in the criminal jus�ce system - to highlight the inappropriate use with women and mothers. Our response was picked up in their final report: 

_**‘In addition, the charity One Small Thing, which advocates on behalf of women and children in the justice system, argued that the fact that almost two-thirds of women remanded to prison by magistrates are either found not guilty or are given a community outcome showed that the legislative framework was not being appropriately applied as individuals should not be remanded to custody if they were not anticipated to receive a custodial sentence. Many of these remands relate to the ‘for own protection’ provisions in the Bail Act 1976.’ P.13. 36.**_ 

- The government’s Mental Health and Wellbeing plan – to recommend it takes ac�on to address the dispropor�onately poor mental health outcomes for women in the jus�ce system 

- 'Swi�, certain, tough, new consequences for drug possession’ white paper - to suggest how proposals could lead to further criminalisa�on, with par�cular concern for the impact on women, young people and racially minori�sed groups. 

- beter respond to the needs of the women they work with, and what role they can play in diver�ng more women away from the jus�ce system altogether. 

- The Commission for Young Lives call for evidence- to advocate for change to reduce the harms of parental imprisonment. 

Alongside writen policy responses, our team atend key policy forums such as the Ministry of Jus�ce Expert Group on Women and the Jus�ce System, through which our Head of Policy, Research and Influencing has fed into the new Female Offender Strategy Ac�on Plan and the Women’s Policy Framework Review. We have fed into Ministry of Jus�ce workshops on resetlement from prison, whole system approaches and data on women in the jus�ce system. We also gave evidence to the review into gender disparity in TV license evasion prosecu�ons for the BBC. 

We con�nue to collaborate with others in our policy work, for instance a cross-sector leter to the Jus�ce Secretary and Sentencing Council which calls for a review into sentencing pregnant women. We collaborated with Clinks, Women in Prison and Revolving Doors to respond to the Women’s Policy Framework Review and atend sector forums such as the Clinks Women’s Forum. These networks have been vital as we have grown our policy and influencing work as an organisa�on, and we are thankful to all our collaborators over the year. 

15 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **Parliamentary ac�vity** 


Farhana and Jamila speaking about maternal imprisonment in parliament with OST Founder and Chair Edwina Grosvenor 

We held a Parliamentary Event on reducing the intergenera�onal harm of Maternal Imprisonment on July 5[th] 2022.  The event was well atended, and we were pleased to welcome five MPs from across par�es.  We co-produced a briefing that was launched at the event to support the dissemina�on of new research from Dr Sophie Mitchell at the University of Northumbria on the intergenera�onal impact on maternal imprisonment. Her research interviewed mothers who had experienced a period of imprisonment in the North East of England and staff who had supported them. Her fndings highlight a need for urgent reform. The event also provided a pla�orm for young women to share their lived experience of their mum going to prison and what reform they believe is needed. 

_**“In July I had the absolute pleasure of speaking at an event on maternal imprisonment in the House of Parliament for One Small Thing. Alongside my sister, we spoke confidently, and I hope our words were powerful enough to make improvements for parents and children that are caught in a cycle of crime, going through trauma in the justice system…I feel like there should be community-based centres to help rather than women going straight to prison. Separating the children and mum is the worst thing to do. If I could do anything to go back to my childhood with mum, I would do it but my mum's missed out on everything.”**_ Farhana Ahmed, wri�ng about her experience for One Small Thing’s Blog. 

We have hosted a number of visits to Hope Street for MPs and decision makers and have been so grateful for all the support we have had from parliamentarians over this year. For instance, in January 2023, Carolyn Harris, MP for Swansea East, highlighted Hope Street in her question to Justice Minister, Damian Hinds, in the House of Commons. She highlighted the role Hope Street can play in supporting women who are eligible for early release from prison. 

_**“Women eligible for early release are being denied this opportunity due to lack of safe move-on accommodation…Will the secretary of state please look urgently at investing more money and innovation in developing safe community accommodation, like what is available through the Hope Street Project, to allow more women across the country to benefit from early release.”**_ Carolyn Harris MP 

16 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **One Small Thing Blog** 

Over the year we published eleven blogs written by Lilly Lewis our Women’s Involvement Advisor as well as young women’s voices through Tiff and Farhana Ahmed, covering a huge range of topics including: 

- The importance of the Justice system allowing friendship and community connections 

- Maternal and family separation by prison. 

- Physical health support for women in the justice system 

- Mental health and wellbeing in the justice system 

- What it was like having a Mum in prison and what needs to change so young people’s voices are heard 

- Reflections on the experience of being on probation 

- Racial inequality in the justice system 

- How the cost-of-living crisis affects women in the justice system. 

- The impact of wearing an electronic monitoring device 

## **Research** 

Over the year The University of Southampton, PRT and EP:IC evaluation of Hope Street continued to progress with finalising the research protocol and securing ethical approval from the University secured. The team were successful in securing additional funding to follow a control group of women in prison from Dorset and will combine this with local and national data for their quantitative model. They also secured funds to do a more in-depth study on children’s outcomes at Hope Street and held their first Independent Advisory Group which was well attended by academics across the field including Dr Shona Minson and Dr Yvonne Jewkes. 

As well as working with our academic evaluation partners, our team have conducted their own research over the year, for instance live polling at our OST Live events on levels of understanding and application on trauma and gender informed approaches, as well as how organisations support women with children in their services. 

We had an ar�cle about One Small Thing and Hope Street published in a Fabian Society report - Solidarity, Equality and Opportunity: crea�ng strong social jus�ce systems for women, which was released at the 2022 Labour Party Conference. 

## **Justice Podcast** 

Our bi-monthly podcasts provide a pla�orm to explore issues related to the jus�ce system and what should be done to bring about posi�ve change. Guests in this period have included Sofia Buncy MBE, Founder and Director of the Muslim Women in Prison Project and Richard Branson and Paula Harriott talking about the Fair Checks Campaign that aims to reform the criminal record system in the UK. 


17 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

Over the last quarter of 2022-2023 the team worked on our new series of the Justice Podcast on Motherhood in the justice system to be released in April 2023. The team worked to secure new interviews, repurposed old content, manage the archive and promote and trial the new series. This included: 

**New podcast collections:** https://onesmallthing.org.uk/justicecollections **New Series Trailer:** https://onesmallthing.org.uk/listen 

## **Digital Reach** 

decisionmakers - whether that be through responses on Twiter to the latest reports and current events, or through our blog and JUSTICE episodes hosted on our website. 


## **Looking forward** 

recruitment of our team at Hope Street. It’s a fantas�c milestone to have reached and we are all excited for this next phase which will see us welcome women and children at Hope Street. 

system for women and their children.  Our ambi�on is to model another approach which means that women do not lose their homes, jobs and custody of their children, because of involvement in the jus�ce system and we look forward to embarking on our independent evalua�on of Hope Street with the University of Southampton, Prison Reform Trust and EP:IC to evidence the impact Hope Street has on women and children’s lives. 

to share our learning and exper�se with the sector and decision makers. We con�nue to believe that a trauma-informed, gender responsive and compassionate approach to support is the only way forward for the jus�ce system and beyond. Our training, events and Working with Trauma Quality Mark will remain crucial to support organisa�ons in the sector to network, learn, review and benchmark their own prac�ce. 

18 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 


We want to thank all our funders and partners 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 even�ul and exci�ng phase for One Small Thing. 

## **Claire Hubberstey, CEO, One Small Thing** 

## **Financial review** 

The Statement of Financial Activities shows net surplus for the year of £2,217,780 (2022 £3,092,358). 

We are continuing to grow and diversify our income streams.  Income totalled £3,816,161 (2022: £4,264,185).  Total income included £2,178,371 (2022: £1,591,071) that was restricted. Restricted funding supported the provision of Trauma Training across the prison estate and to external bodies seeking organisational Trauma Training.  It further supported our Policy and Influencing strategy and our Trauma Informed Network, which provides a network for peers working within the trauma informed space to meet, reflect and collaborate on trauma informed practice.  Through our Policy and Influencing Strategy we hosted an event in parliament, launching new research from Dr Sophie Mitchell on the intergenerational traumatic impact of maternal imprisonment.  We also received restricted funding to continue the construction of our Hope Street project and initiate the mobilisation of operations, which will support women on probation in Hampshire with housing and other support needs.  Included within the £2,178,371 (2022: £1,591,071) restricted capital funds of £1,145,000 (2022: £936,121) and restricted revenue funds of £820,105 (2022: 131,450) was received specifically for the development of Hope Street. 

Expenditure totalled £1,598,381 (2022 £1,171,827) with over 93% (2022: 94%) of our expenditure spent on our charitable activities. We have been able to allocate expenditure of £113,796 to raising funds this year (2022: £73,451).  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 £5,462,360 have been set aside by trustees to support the development of Hope Street.  £338,753 has been spent in the year to 31 March 2023. 

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 £9,604,097, an increase of £2,217,780 from the closing balance of £7,386,317 at 31 March 2022. Unrestricted funds at 31 March 2023 stood at £6,262,094 (2022: £5,395,404). Designated funds of £5,462,360 (2022: £4,642,257 and restricted funds of £3,342,003 (2022: £1,990,913) were also held at 31 March 2023. Designated Funds will be utilised to support the capital project, Hope Street. 

19 



**One Small Thing** 

**Trustees’ annual report** 

## **For the year ended 31 March 2023** 

During the year, the net book value of tangible fixed assets increased to £10,268,304 reflecting the development of Hope Street capital project. 

## **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 provide a buffer against these uncertainties. The trustees consider that the ideal level of reserves as at 31 March 2023 to be 5 (2022: 5) months of operating costs, £665,992 (2022: £488,260).  As noted above, the free reserves at 31 March 2023 were £640,139 (2022: £692,566). This figure ensures reserves remain at the correct level accommodating for the major increase in operational costs during the year 2023/24 as we open and continue to scale our Hope Street project. 

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. 

## **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: 

- Securing ongoing revenue funding 

- Serious safeguarding incident 

- Compliance with internal policies and procedures 

- Partnership development within the justice system 

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. 

20 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

## **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 seven 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. 

Claire Hubberstey is CEO, delegated with day to day management alongside the Senior Leadership Team - Director of Opera�ons and Deputy CEO Rachel Oliver and Financial Director Emma Chety. 

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** 

Roles are adver�sed with candidates asked to apply in response to the detailed role descrip�on published. Interviews are conducted with two Trustees and our Women’s Involvement Advisor cons�tu�ng the nomina�ons commitee with a recommenda�on then made to appoint / not appoint made to the full Board. 

During 2022/23 the Board was expanded with two further trustees appointed, further strengthening the skill set across the Board. 

## **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: 

- A full information pack containing the current governing documents; strategic and shorter-term plans; recent statutory accounts and current management accounts; recent board minutes; an organisation chart/ organogram; and general background information; 

- An opportunity to visit the charity’s office, meet other trustees and staff team and attend a board meeting; 

21 



**One Small Thing** 

## **Trustees’ annual report** 

## **For the year ended 31 March 2023** 

- A clear explanation of the trustee’s expected role, responsibilities and legal obligations, input to the board and time commitment; 

- Access to Charity Commission guidance. 

Trustees are also provided with access to training which includes: 

- NSPCC Safeguarding Training for Trustees 

- NCVO Training on Governance and Trustee Induction 

- Organisation specific training on our area of work: Trauma Informed Working. 

- Equity, Diversity and Inclusion training 

## **Related parties and relationships with other organisations** 

Our founder, Lady Edwina Grosvenor, continues to make an unrestricted donation to the charity in support of core costs. Family members of the founder donated £750,000 (2022: £500,000) by way of personal donation as part of the commitment to provide cornerstone funding for our Hope Street capital fundraising efforts. 

In July 2022, One Small Thing formed a new entity, Hope Street Hampshire Community Interest Company. This is a wholly owned subsidiary of One Small Thing of which One Small Thing is the sole member. 

## **Remuneration policy for key management personnel** 

The Senior Leadership Team (SLT) and the senior managements comprise the key management personnel of the charity responsible for directing and controlling, running and operating the charity on a day to day basis. The pay of the senior staff and all roles is reviewed regularly and benchmarked 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: 

- Select suitable accounting policies and then apply them consistently 

- Observe the methods and principles in the Charities SORP 

- Make judgements and estimates that are reasonable and prudent 

- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements 

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation 

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 

22 



**One Small Thing** 

**Trustees’ annual report** 

## **For the year ended 31 March 2023** 

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: 

- There is no relevant audit information of which the charitable company’s auditor is unaware 

- The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information 

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 2023 was **6** (2022: 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 2 November 2023 and signed on their behalf by 

Lady Edwina Grosvenor Chair of Trustees 

23 



**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 2023 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: 

- Give a true and fair view of the state of the charitable company’s affairs as at 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure for the year then ended 

- Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice 

- Have been prepared in accordance with the requirements of the Companies Act 2006 

## **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 

24 



**Independent auditor’s report** 

## **To the members of** 

## **One Small Thing** 

do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, 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: 

- The information given in the trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- The trustees’ annual report has been prepared in accordance with applicable legal requirements. 

## **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: 

- Adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or 

- The financial statements are not in agreement with the accounting records and returns; or 

- Certain disclosures of trustees’ remuneration specified by law are not made; or 

- We have not received all the information and explanations we require for our audit; or 

- The directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the trustees’ annual report and from the requirement to prepare a strategic report. 

## **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. 

25 



**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: 

- We enquired of management, and the finance and risk committee, which included obtaining and reviewing supporting documentation, concerning the charity’s policies and procedures relating to: 

   - Identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance; 

   - Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud; 

   - The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations. 

- We inspected the minutes of meetings of those charged with governance. 

- We obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience. 

- We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. 

- We reviewed any reports made to regulators. 

- We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations. 

- We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. 

- In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business. 

26 



**Independent auditor’s report** 

## **To the members of** 

## **One Small Thing** 

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 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) 

## 22 November 2023 

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

27 



## One Small Thing 

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

## For the year ended 31 March 2023 

|For theyear ended 31 March 2023|||||||
|---|---|---|---|---|---|---|
|Note<br>Income from:<br>2<br>3<br>3<br>4<br>4<br>4<br>Reconciliation of funds:<br>Donations<br>Charitable activities<br>Redesign the justice system (Hope<br>Street) and educate (prisons settings)<br>Raising funds<br>Total expenditure<br>Charitable activities<br>Redesign the justice system (Hope<br>Street) and educate (prisons settings)<br>Investments<br>Other<br>Total income<br>Expenditure on:<br>Influence and educate (community<br>settings)<br>Total funds brought forward<br>Total funds carried forward<br>Net income for the year<br>Influence and educate (community<br>settings)<br>Net movement in funds|Unrestricted<br>£<br>1,278,373<br>228,741<br>112,713<br>17,000<br>963|Restricted<br>£<br>123,630<br>1,841,476<br>213,265<br>-<br>-|2023<br>Total<br>£<br>1,402,003<br>2,070,217<br>325,978<br>17,000<br>963|Unrestricted<br>£<br>2,540,000<br>22,000<br>108,289<br>-<br>2,825|Restricted<br>£<br>82,777<br>1,097,123<br>411,171<br>-<br>-|2022<br>Total<br>£<br>2,622,777<br>1,119,123<br>519,460<br>-<br>2,825|
||1,637,790|2,178,371|3,816,161|2,673,114|1,591,071|4,264,185|
||113,796<br>471,523<br>185,783|-<br>496,549<br>330,731|113,796<br>968,072<br>516,514|73,451<br>422,781<br>44,071|-<br>197,724<br>433,800|73,451<br>620,505<br>477,871|
||771,103<br>866,687|827,280<br>1,351,091|1,598,383<br>2,217,778|540,303<br>2,132,811|631,524<br>959,547|1,171,827<br>3,092,358|
||866,687<br>5,395,404|1,351,091<br>1,990,913|2,217,778<br>7,386,317|2,132,811<br>3,262,593|959,547<br>1,031,366|3,092,358<br>4,293,959|
||6,262,091|3,342,004|9,604,095|5,395,404|1,990,913|7,386,317|



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 17a to the financial statements. 

28 



One Small Thing 

## Balance sheet 

|Balance sheet|||||
|---|---|---|---|---|
|As at 31 March 2023|||Company no. 11516337||
|Note<br>Fixed assets:<br>10<br>Current assets:<br>12<br>Liabilities:<br>13<br>15<br>16a<br>Total unrestricted funds<br>Total charity funds<br>Cash at bank and in hand<br>Tangible assets<br>The funds of the charity:<br>Creditors: amounts falling due within one year<br>Net current assets<br>Total net assets<br>Creditors: amounts falling due after one year<br>Restricted income funds<br>Unrestricted income funds:<br>General funds<br>Designated funds<br>Total assets less current liabilities<br>Debtors|£<br>494,753<br>1,101,782|2023<br>£<br>10,268,304|£<br>258,686<br>2,154,605|2022<br>£<br>5,121,885|
|||10,268,304<br>1,215,791||5,121,885<br>2,264,432|
||1,596,535<br>(380,744)||2,413,291<br>(148,859)||
||5,462,360<br>799,731||4,642,257<br>753,147||
|||11,484,095||7,386,317|
|||(1,880,000)||-|
|||9,604,095||7,386,317|
|||3,342,004<br>6,262,091||1,990,913<br>5,395,404|
||||||
|||9,604,095||7,386,317|



Approved by the trustees on 2 November 2023 and signed on their behalf by 

Lady Edwina Grosvenor Chair of Trustees 

29 



One Small Thing 

## Statement of cash flows 

## For the year ended 31 March 2023 

|For the year ended 31 March 2023|||||
|---|---|---|---|---|
|Cash flows from operating activities<br>Net income for the reporting period<br>(as per the statement of financial activities)<br>Depreciation charges<br>(Gains)/losses on investments<br>Dividends, interest and rent from investments<br>(Profit)/loss on the disposal of fixed assets<br>(Increase)/decrease in stocks<br>(Increase)/ decrease in debtors<br>Increase/ (decrease) in creditors<br>Net cash provided by  operating activities<br>Analysis of cash and cash equivalents and of net debt<br>Cash at bank and in hand<br>a<br>Total cash and cash equivalents<br>Loans falling due within one year<br>Loans falling due after more than one year<br>Total<br>Net cash used in investing activities<br>Cash flows from investing activities:<br>Loan Financing<br>Proceeds from the sale of fixed assets<br>Purchase of fixed assets<br>Proceeds from sale of investments<br>Purchase of investments<br>Cash and cash equivalents at the end of the year<br>Change in cash and cash equivalents in the year<br>Cash and cash equivalents at the beginning of the<br>year|£<br>£<br>2,217,778<br>19,991<br>-<br>-<br>-<br>-<br>(236,067)<br>231,885<br>2,233,587<br>1,880,000<br>-<br>(5,166,410)<br>-<br>-<br>(3,286,410)<br>(1,052,823)<br>2,154,605<br>1,101,782<br>At 1 April<br>2022<br>Cash flows<br>£<br>£<br>2,154,605<br>(1,052,823)<br>2,154,605<br>(1,052,823)<br>-<br>-<br>-<br>1,880,000<br>-<br>1,880,000<br>2023||£<br>£<br>3,092,358<br>-<br>-<br>-<br>-<br>-<br>595,685<br>(145,755)<br>3,542,288<br>-<br>-<br>(2,607,453)<br>-<br>-<br>(2,607,453)<br>934,835<br>1,219,770<br>2,154,605<br>Other non-<br>cash changes<br>At 31 March<br>2023<br>£<br>£<br>-<br>1,101,782<br>-<br>1,101,782<br>-<br>-<br>-<br>1,880,000<br>-<br>1,880,000<br>2022||
|||2,233,587<br>(3,286,410)||3,542,288<br>(2,607,453)|
||At 1 April<br>2022<br>£<br>2,154,605||Other non-<br>cash changes<br>£<br>-||
|||(1,052,823)<br>2,154,605||934,835<br>1,219,770|
|||1,101,782||2,154,605|
|||Cash flows<br>£<br>(1,052,823)||At 31 March<br>2023<br>£<br>1,101,782|
||2,154,605|(1,052,823)|-|1,101,782|
||-<br>-|-<br>1,880,000|-<br>-|-<br>1,880,000|
||-|1,880,000|-|1,880,000|



30 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

## 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. The charitable company has not prepared consolidated financial statements due to the immateriality of its subsidiary, Hope Street Hampshire CIC. Note 11 discloses the activity of the subsidiary in the financial year. 

## 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. 

31 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

## 1 Accounting policies (continued) 

## g) Fund accounting 

Restricted funds are to be used for specific purposes as laid down by the donor.  Expenditure which meets these criteria is charged to the fund. 

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: 

- Costs of raising funds relate to the costs incurred by the charity in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose 

- Expenditure on charitable activities includes the costs of delivering trauma informed training, the trauma conference and podcast undertaken to further the purposes of the charity and their associated support costs 

- Other expenditure represents those items not falling into any other heading. 

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: 

>  Assets Under Construction Not depreciated asset until in use 

>  Freehold Property 50 years 

>  Land Not depreciated 

>  Kitchen & Bathrooms in shared spaces 5 years 

>  Fixtures & Fittings 10 years 

## 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 

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

32 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

## 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<br>Gift Aid<br>Donated services|Unrestricted<br>£<br>1,065,206<br>213,167<br>-|£<br>113,901<br>9,729<br>-<br>Restricted|2023<br>Total<br>£<br>1,179,107<br>222,896<br>-|Unrestricted<br>£<br>2,041,744<br>498,256<br>-|£<br>77,910<br>500<br>4,367<br>Restricted|2022<br>Total<br>£<br>2,119,654<br>498,756<br>4,367|
||1,278,373|123,630|1,402,003|2,540,000|82,777|2,622,777|



In 2023, the founder, Lady Edwina Grosvenor, donated £250,000 (2022: £250,000) as a contribution to the core costs of running the charity and a donation of £160,000 (2022: £1,760,000) to support the development of the Hope Street project - an unrestricted donation, designated to Hope Street by Trustees. 

## 3 Income from charitable activities 

|Income from charitable activities|||||||
|---|---|---|---|---|---|---|
|Unrestricted<br>£<br>Government Funding<br>-<br>Trusts & Foundations<br>228,741<br>228,741<br>Trusts & Foundations<br>-<br>-<br>112,713<br>112,713<br>341,454<br>Training income<br>Total income from charitable<br>activities<br>Sub-total for Redesign the justice<br>system (Hope Street) and educate<br>(prison settings)<br>Sub-total for Influence and educate<br>(community settings)<br>Trauma Conference|Unrestricted<br>£<br>-<br>228,741|£<br>109,193<br>1,732,283<br>Restricted|2023<br>Total<br>£<br>109,193<br>1,961,024|Unrestricted<br>£<br>-<br>22,000|£<br>93,041<br>1,004,082<br>Restricted|2022<br>Total<br>£<br>93,041<br>1,026,082|
||228,741<br>-<br>-<br>112,713|1,841,476<br>213,265<br>-<br>-|2,070,217<br>213,265<br>-<br>112,713|22,000<br>-<br>4,341<br>103,948|1,097,123<br>411,171<br>-<br>-|1,119,123<br>411,171<br>4,341<br>103,948|
|||213,265|325,978|108,289|411,171|519,460|
||341,454|2,054,741|2,396,195|130,289|1,508,294|1,638,583|



33 



One Small Thing 

## Notes to the financial statements 

## For the year ended 31 March 2023 

4a Analysis of expenditure (current year) 

## Charitable activities 

|Staff costs (Note 6)<br>Travel expenses<br>Insurance costs<br>Delivery of trauma work in secure estate &<br>Community Settings<br>Hope Street<br>Podcasts<br>Auditor fees<br>Professional fees<br>Legal Fees<br>Other<br>Support costs<br>Governance costs<br>Total expenditure 2023<br>Total expenditure 2022|Raising<br>funds<br>£<br>£<br>39,753<br>479,377<br>4,256<br>11,610<br>-<br>-<br>-<br>7,146<br>-<br>359,001<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>57,374<br>-<br>101,383<br>857,134<br>11,222<br>100,291<br>1,191<br>10,647<br>113,796<br>968,072<br>73,451<br>620,505<br>Redesign the<br>justice system<br>(Hope Street) and<br>educate (prisons<br>settings)|Raising<br>funds<br>£<br>£<br>39,753<br>479,377<br>4,256<br>11,610<br>-<br>-<br>-<br>7,146<br>-<br>359,001<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>57,374<br>-<br>101,383<br>857,134<br>11,222<br>100,291<br>1,191<br>10,647<br>113,796<br>968,072<br>73,451<br>620,505<br>Redesign the<br>justice system<br>(Hope Street) and<br>educate (prisons<br>settings)|Governance<br>costs<br>£<br>£<br>359,407<br>-<br>4,974<br>-<br>-<br>552<br>85,119<br>-<br>-<br>-<br>10,671<br>-<br>12,040<br>-<br>2,056<br>-<br>2,598<br>-<br>-<br>460,171<br>17,246<br>50,935<br>-<br>5,408<br>(17,246)<br>516,514<br>-<br>477,871<br>-<br>Influence and<br>educate<br>(community<br>settings)|Governance<br>costs<br>£<br>£<br>359,407<br>-<br>4,974<br>-<br>-<br>552<br>85,119<br>-<br>-<br>-<br>10,671<br>-<br>12,040<br>-<br>2,056<br>-<br>2,598<br>-<br>-<br>460,171<br>17,246<br>50,935<br>-<br>5,408<br>(17,246)<br>516,514<br>-<br>477,871<br>-<br>Influence and<br>educate<br>(community<br>settings)|Support<br>costs<br>£<br>73,827<br>8,165<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>80,456|2023<br>Total<br>£<br>952,364<br>29,005<br>552<br>92,265<br>359,001<br>10,671<br>12,040<br>2,056<br>2,598<br>137,830<br>1,598,382<br>-<br>-<br>1,598,382|2022<br>Total<br>£<br>666,528<br>15,331<br>2,463<br>199,481<br>164,069<br>15,102<br>11,888<br>220<br>1,800<br>94,945|
|---|---|---|---|---|---|---|---|
||101,383<br>11,222<br>1,191|857,134<br>100,291<br>10,647|460,171<br>50,935<br>5,408|17,246<br>-<br>(17,246)|162,448<br>(162,448)<br>-||1,171,827<br>(111,513)<br>-|
||113,796|968,072|516,514|-|-||1,171,827|
||73,451|620,505|477,871|-|-|||



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

34 



One Small Thing 

## Notes to the financial statements 

## For the year ended 31 March 2023 

- 4b Analysis of expenditure (prior year) 

## Charitable activities 

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



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

35 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

- 5 Net income for the year 

This is stated after charging: 

|This is stated after charging:|||
|---|---|---|
||2023|2022|
||£|£|
|Depreciation|19,991|-|
|Auditor's remuneration (excluding VAT):|||
|Audit fees|12,500|10,000|



- 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<br>Employer’s contribution to defined contribution pension schemes<br>Social security costs|2023<br>£<br>748,283<br>81,267<br>22,887|2022<br>£<br>571,551<br>59,439<br>18,004|
||852,437|648,994|



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

|<br>national insurance) during the year between:|||
|---|---|---|
||2023|2022|
||No.|No.|
|£60,000 - £69,999|1|1|
|£70,000 - £79,999|1|1|
|£100,000 - £109,999|1|1|



The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £284,417 (2022: £269,887). 

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2022: £nil).  No charity trustee received payment for professional or other services supplied to the charity (2022: £nil). 

£0 of trustee expenses were incurred during the year (2022: £50).  This includes out of pocket expenses incurred by Trustees 

## 7 Staff numbers 

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

Staff are split across the activities of the charity as follows: 

|Staff are split across the activities of the charity as follows:|||
|---|---|---|
|Raising funds<br>Support<br>Governance<br>Charitable activities|2023<br>No.<br>0.6<br>14.9<br>1.0<br>0.4|2022<br>No.<br>0.5<br>10.1<br>1.2<br>0.3|
||16.9|12.1|



36 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

- 8 Related party transactions 

Aggregate donations from the founder of the charity and Chair Lady Edwina Grosvenor, were £512,500 including gift aid (2022: £1,862,498).  Of this £200,000 was donated to support the development of the Hope Street project (2022: £1,549,999).  Further, an unsecured loan of £1,500,000 was provided in year (2022: £nil).  This further supported the development of Hope Street. 

Family members of the founder of the charity, trustee Lady Edwina Grosvenor, donated £750,000  including gift aid as personal donations (2022: £500,000). 

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

## 10 Tangible fixed assets 

|Tangible fixed assets|||||
|---|---|---|---|---|
|Cost<br>Charge for the year<br>At the start of the year<br>Disposals in year<br>Depreciation<br>Transfers<br>Eliminated on disposal<br>At the end of the year<br>Net book value<br>At the end of the year<br>At the start of the year<br>At the end of the year<br>At the start of the year<br>Additions in year|£<br>5,121,885<br>5,164,178<br>-<br>(727,519)<br>Asset under<br>construction|Freehold<br>property (in<br>use from<br>16/05/2022)<br>£<br>-<br>2,232<br>-<br>608,107|Fixtures and<br>fittings (in use<br>from<br>16/05/2022)<br>£<br>-<br>-<br>-<br>119,412|Total<br>£<br>5,121,885<br>5,166,410<br>-<br>-|
||9,558,544|610,339|119,412|10,288,295|
||-<br>-<br>-|-<br>(9,156)<br>-|-<br>(10,835)<br>-|-<br>(19,991)<br>-|
||-|(9,156)|(10,835)|(19,991)|
||9,558,544|601,183|108,577|10,268,304|
||5,121,885|-|-|5,121,885|



In the year, 29 The Avenue, Southampton was converted to an asset in use and has been depreciated as per our depreciation policy.  Included within Assets under construction is the construction and development of 30-32 The Avenue, Southampton (Hope Street) and 101 St Andrews Road, Portsmouth, which are not depreciated.  The assets will be depreciated when brought into use. 

Land with a value of £87,187 (2022: £nil) is included within freehold property and not depreciated. 

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

37 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

## 11 Subsidiary undertaking 

The charity is the sole member of the wholly owned subsidiary Hope Street Hampshire CIC, a Community Interest Company registered in England. The company number is 14229439.  The registered office address is 30-32 The Avenue, Southampton, SO17 1XN. 

The subsidiary was formed to ringfence the residential provision of Hope Street. Available profits are distributed under Gift Aid to the parent charity. 

The trustee, Lady Edwina Grosvenor, and the Chief Executive are also directors of the subsidiary. 

A summary of the results of the subsidiary is shown below: 

|A summary of the results of the subsidiary is shown below:|||
|---|---|---|
|Turnover from sales to parent undertaking<br>Management charge payable to parent undertaking<br>Management charge due from parent undertaking<br>Reserves<br>Liabilities<br>Profit for the financial year<br>The aggregate of the assets, liabilities and reserves was:<br>Assets<br>Turnover<br>Total retained earnings carried forward<br>Gross profit<br>Administrative expenses<br>Profit / (loss) for the financial year<br>Distribution under Gift Aid to parent charity<br>Retained earnings<br>Total retained earnings brought forward|2023<br>£<br>44,361<br>13,404|2022<br>£<br>-|
||57,765<br>(47,886)<br>-<br>-|-<br>-<br>-|
||9,879|-|
||-<br>9,879<br>(9,879)|-<br>-<br>-|
||-|-|
||-<br>-|-<br>-|
||-|-|



Turnover and administrative expenses above includes: 

Owed to OST: £41,944. This liability is the result of general administration/overheads for the running of The CIC. 

Owed from OST: £48,949. This debtor is the result of reclaim to OST as they received EHB payment direct from SCC on behalf of The CIC as The CIC bank account was not in operation. 

38 



One Small Thing 

## Notes to the financial statements 

## For the year ended 31 March 2023 

|For the year ended 31 March 2023|||
|---|---|---|
|12<br>13<br>14<br>Balance at the beginning of the year<br>Amount released to income in the year<br>Amount deferred in the year<br>Balance at the end of the year<br>15<br>Other creditors<br>Accruals<br>Prepayments<br>Taxation and social security<br>Deferred income comprises £9,975 from training income.<br>Trade debtors<br>Trade creditors<br>Creditors: amounts falling due within one year<br>Deferred income (note 14)<br>Creditors: amounts falling due after one year<br>Debtors<br>Accrued income<br>Other debtors<br>VAT recoverable<br>Deferred income<br>Director loan<br>Bank loans|2023<br>£<br>90,098<br>72,091<br>585<br>7,321<br>324,658|2022<br>£<br>92,641<br>28,713<br>8,777<br>3,555<br>125,000|
||494,753|258,686|
||2023<br>£<br>139,494<br>-<br>16,490<br>214,785<br>9,975|2022<br>£<br>71,946<br>27,390<br>4,883<br>29,974<br>14,666|
||380,744|148,859|
||2023<br>£<br>14,666<br>(30,221)<br>25,530|2022<br>£<br>80,356<br>(80,356)<br>14,666|
||9,975|14,666|
||2023<br>£<br>380,000<br>1,500,000|2022<br>£<br>-<br>-|
||1,880,000|-|



A Bank loan totalling £380,000 (2022: £nil) is secured against 29 The Avenue, Southampton.  This is a fixed interest loan at 6% payable over 10 years.  An unsecured Directors loan, provided by Lady Edwina Grosvenor, totalling £1,500,000 to support the construction of 30-32 The Avenue, Southampton (2022:nil).  The loan is repayable on conversion of alternative funding or at the discretion of the lender.  Interest rate on this loan is 1.5% but interest to date has been waived by the lender. 

39 



One Small Thing 

## Notes to the financial statements 

## For the year ended 31 March 2023 

## 16a Analysis of net assets between funds (current year) 

|16a<br>Analysis of net assets between funds (current year)|||||
|---|---|---|---|---|
|16b<br>Analysis of net assets between funds (prior year)<br>Net assets at 31 March 2022<br>Tangible fixed assets<br>Investment properties<br>Investments<br>Net assets at 31 March 2023<br>Tangible fixed assets<br>Loan Assets<br>Net current assets<br>Long term liabilities<br>Net current assets<br>Tangible fixed assets<br>Defined benefit pension asset / (liability)<br>Long term liabilities|General<br>unrestricted<br>£<br>159,592<br>-<br>640,139<br>-|Designated<br>£<br>5,413,796<br>1,500,000<br>48,564<br>(1,500,000)|Restricted<br>£<br>2,827,139<br>380,000<br>514,865<br>(380,000)|Total funds<br>£<br>8,400,527<br>1,880,000<br>1,203,568<br>(1,880,000)|
||799,731|5,462,360|3,342,004|9,604,095|
||General<br>unrestricted<br>£<br>-<br>-<br>-<br>60,581<br>692,566<br>-<br>-|Designated<br>£<br>-<br>-<br>-<br>4,043,040<br>599,217<br>-<br>-|Restricted<br>£<br>-<br>-<br>-<br>1,018,264<br>972,649<br>-<br>-|Total funds<br>£<br>-<br>-<br>-<br>5,121,885<br>2,264,432<br>-<br>-|
||753,147|4,642,257|1,990,913|7,386,317|



40 



One Small Thing 

## Notes to the financial statements 

## For the year ended 31 March 2023 

- 17a Movements in funds (current year) 

|e year ended 31 March 2023<br>Movements in funds (current year)|e year ended 31 March 2023<br>Movements in funds (current year)|||||
|---|---|---|---|---|---|
|At 1 April<br>2022<br>£<br>173,005<br>48,071<br>381,074<br>The Schroder Foundation<br>30,000<br>Garfield Weston<br>488,815<br>4,367<br>The Sainsburys Family Trust<br>6,754<br>The Band Trust<br>400,000<br>Edward Gostling Foundation<br>-<br>Maurice & Hilda Laing Foundation<br>-<br>29th May 1961 Charitable Fund<br>-<br>The Borrows Trust<br>-<br>The Sigrid Rausing Trust<br>-<br>The Albert Gubay Foundation<br>-<br>Beatrice Laing Trust<br>-<br>The Golden Bottle Trust<br>-<br>The Wolfson Foundation<br>-<br>The Clothworkers Foundation<br>-<br>-<br>79,830<br>11,179<br>112,445<br>The Dulverton Trust<br>42,085<br>Advance Advocacy and Non-Violent Co<br>6,726<br>4,377<br>30,000<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>18,559<br>-<br>153,626<br>-<br>Total restricted funds<br>1,990,913<br>Office of Police & Crime Commission<br>The Golden Bottle Trust<br>The Treebeard Foundation<br>Relief and Rehabilitation from within<br>the criminal justice system:<br>The Julia Hans and Rausing Trust<br>Promotion of Social Inclusion:<br>CHK Foundation<br>Restricted funds - revenue:<br>Ministry of Justice<br>VIVID Housing<br>James Netto<br>Hope Street - Restricted Funds<br>The Julia Hans and Rausing Trust<br>Relief and Rehabilitation from within<br>the criminal justice system:<br>The Big Give Christmas Challenge<br>Garfield Weston<br>The Band Trust<br>Maurice & Hilda Laing Foundation<br>CHK Foundation<br>Edward Gostling Foundation<br>The Schroder Foundation<br>The Charles Hayward Foundation<br>The Barrow Cadbury Trust<br>George Cadbury Fund<br>29th May 1961 Charitable Fund<br>Westminster Foundation<br>Westminster Foundation<br>VIVID Housing<br>Restricted funds - capital:||Income &<br>gains<br>£<br>100,000<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>250,000<br>100,000<br>40,000<br>30,000<br>100,000<br>100,000<br>100,000<br>100,000<br>125,000<br>100,000<br>-<br>-<br>43,658<br>202,735<br>50,000<br>34,703<br>2,648<br>5,983<br>-<br>25,000<br>250,000<br>-<br>-<br>-<br>22,500<br>-<br>25,000<br>110,540<br>25,000<br>22,339<br>197,265<br>16,000|Expenditure &<br>losses<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>(29,851)<br>(3,725)<br>(42,771)<br>(82,032)<br>(46,951)<br>(31,818)<br>(1,904)<br>(37,404)<br>(2,915)<br>(22,839)<br>(110,437)<br>(6,934)<br>(8,716)<br>(882)<br>(20,716)<br>(6,046)<br>(7,771)<br>(11,655)<br>(21,182)<br>(330,731)<br>-|Transfers<br>£<br>(29,851)<br>-<br>-<br>-<br>(4,183)<br>-<br>-<br>(6,934)<br>(2,915)<br>(8,716)<br>(882)<br>-<br>-<br>-<br>-<br>(6,046)<br>-<br>-<br>29,851<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>2,915<br>-<br>4,183<br>6,934<br>8,716<br>882<br>-<br>6,046<br>-<br>-<br>-<br>-<br>-<br>-|At 31 March<br>2023<br>£<br>243,154<br>48,071<br>381,074<br>30,000<br>484,632<br>4,367<br>6,754<br>393,066<br>247,085<br>91,284<br>39,118<br>30,000<br>100,000<br>100,000<br>100,000<br>93,954<br>125,000<br>100,000<br>-<br>76,105<br>12,066<br>233,148<br>45,134<br>9,611<br>5,121<br>(1,421)<br>-<br>2,161<br>143,746<br>-<br>-<br>-<br>1,784<br>-<br>17,229<br>98,885<br>25,000<br>19,716<br>20,160<br>16,000|
||1,990,913|2,178,371|(827,280)|-|3,342,004|



41 



One Small Thing 

## Notes to the financial statements 

## For the year ended 31 March 2023 

## 17a Movements in funds (current year) (continued) 

|Total designated funds<br>General funds<br>Total unrestricted funds<br>The Kowitz Foundation<br>Designated funds - capital<br>Duchess of Westminster<br>J Leon Philanthropy Council<br>Unrestricted funds:<br>Hope Street - Designated Funds<br>The Snow Family<br>Lady Edwina Grosvenor<br>Designated funds - revenue<br>Total funds<br>Lady Tamara & Viola Grosvenor<br>Duchess of Westminster<br>Lady Edwina Grosvenor|203,938<br>625,000<br>3,060,189<br>109,234<br>636,653<br>4,796<br>970<br>-<br>1,477|-<br>625,000<br>200,000<br>-<br>-<br>-<br>125,000<br>20,000<br>110,721|-<br>(3,398)<br>-<br>-<br>(16,100)<br>(3,922)<br>(125,000)<br>-<br>(190,333)|-<br>-<br>(16,100)<br>-<br>16,100<br>-<br>-<br>-<br>78,135|203,938<br>1,246,602<br>3,244,089<br>109,234<br>636,653<br>874<br>970<br>20,000<br>-<br>-|
|---|---|---|---|---|---|
||4,642,257|1,080,721|(338,753)|78,135|5,462,360|
||753,147|557,069|(432,350)|(78,135)|799,731|
||5,395,404|1,637,790|(771,103)|-|6,262,091|
||7,386,317|3,816,161|(1,598,383)|-|9,604,095|



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

42 



One Small Thing 

## Notes to the financial statements 

## For the year ended 31 March 2023 

17b Movements in funds (prior year) 

|e year ended 31 March 2023<br>Movements in funds (prior year)|e year ended 31 March 2023<br>Movements in funds (prior year)|||||
|---|---|---|---|---|---|
|At 1 April<br>2021<br>£<br>192,680<br>23,071<br>381,074<br>The Schroder Foundation<br>30,000<br>Garfield Weston<br>-<br>-<br>The Sainsburys Family Trust<br>-<br>The Band Trust<br>-<br>-<br>-<br>79,564<br>1,063<br>97,706<br>The Dulverton Trust<br>49,954<br>Advance Advocacy and Non-Violent Co<br>-<br>-<br>-<br>-<br>176,254<br>Total restricted funds<br>1,031,366<br>342,203<br>-<br>1,563,300<br>109,234<br>636,653<br>5,000<br>62,500<br>20,000<br>300<br>Total designated funds<br>2,739,190<br>General funds<br>523,403<br>3,262,593<br>4,293,959<br>Unrestricted funds:<br>CHK Foundation<br>George Cadbury Fund<br>Relief and Rehabilitation from within<br>the criminal justice system:<br>Restricted funds - revenue:<br>CHK Foundation<br>George Cadbury Fund<br>Westminster Foundation<br>Restricted funds - capital<br>Duchess of Westminster<br>Total funds<br>Hope Street - Designated Funds<br>Duchess of Westminster<br>Lady Edwina Grosvenor<br>VIVID Housing<br>Total unrestricted funds<br>The Snow Family<br>VIVID Housing<br>James Netto<br>Hope Street - Restricted Funds<br>Lady Tamara & Viola Grosvenor<br>Designated funds - capital<br>Relief and Rehabilitation from within<br>the criminal justice system:<br>Promotion of Social Inclusion:<br>Designated funds - revenue<br>J Leon Philanthropy Council<br>The Julia Hans and Rausing Trust<br>Westminster Foundation<br>Ministry of Justice<br>Lady Edwina Grosvenor<br>The Kowitz Foundation<br>The Julia Hans and Rausing Trust||Income &<br>gains<br>£<br>-<br>25,000<br>-<br>-<br>500,000<br>4,367<br>6,754<br>400,000<br>-<br>-<br>-<br>65,000<br>47,328<br>50,000<br>28,041<br>4,850<br>30,000<br>18,559<br>411,172<br>1,591,071|Expenditure &<br>losses<br>£<br>-<br>-<br>-<br>-<br>(11,185)<br>-<br>-<br>-<br>(19,675)<br>-<br>266<br>(54,884)<br>(32,589)<br>(57,869)<br>(21,315)<br>(473)<br>-<br>-<br>(433,800)<br>(631,524)|Transfers<br>£<br>(19,675)<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>19,675<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|At 31 March<br>2022<br>£<br>173,005<br>48,071<br>381,074<br>30,000<br>488,815<br>4,367<br>6,754<br>400,000<br>-<br>-<br>79,830<br>11,179<br>112,445<br>42,085<br>6,726<br>4,377<br>30,000<br>18,559<br>153,626|
||||||1,990,913|
||342,203<br>-<br>1,563,300<br>109,234<br>636,653<br>5,000<br>62,500<br>20,000<br>300|-<br>625,000<br>1,549,999<br>-<br>-<br>-<br>970<br>20,000<br>43,157|-<br>-<br>-<br>(138,265)<br>(53,110)<br>(204)<br>(62,500)<br>(41,055)<br>(40,925)|(138,265)<br>-<br>(53,110)<br>138,265<br>53,110<br>-<br>-<br>1,055<br>(1,055)|203,938<br>3,060,189<br>109,234<br>636,653<br>4,796<br>970<br>-<br>1,477|
||2,739,190|2,239,126|(336,059)|-||
||||||4,017,257|
||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|



43 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

Purposes of restricted funds 

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

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 

Funders supporting this are: 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 Funders supporting this are: The Julia Hans and Rausing Trust The Barrow Cadbury 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. 

44 



One Small Thing 

Notes to the financial statements 

## For the year ended 31 March 2023 

## 18 Capital commitments 

At the balance sheet date, the charity had committed to pay £759K for the completion of construction of a new building (The Hub) at 30-32 The Avenue, Southampton.  In addition, a further £505K is committed to cover fees associated the purchase and refurbishment of our supported housing portfolio. 

## 19 Post balance sheet events 

In March 2023 One Small Thing exchanged on a second property that will form part of the Supported Housing portfolio at 101 St Andrews Road, Portsmouth. Completion took place in July 23 and refurbishment works took place between August and September 23.  Completion costs are £410,000. 

Loan financing of £3,310,000 was agreed in February 2023 from SASC Bank via their SASH fund to support the purchase and refurbish 6 additional properties across the Hampshire region, adding to the supported housing portfolio.  The first loan draw down took place in July 2023 to support the purchase and refurbishment of 101 St Andrews Road, Portsmouth.  The remainder of the loan will be drawn down over a period of 18 months from the date the facility agreement was signed - February 2023. 

## 20 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. 

45