Charity number: 1181534
ONE NEWHAM TRUSTEES' ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
ONE NEWHAM
(Registered charity no. 1181534)
REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023
| CONTENTS | |
|---|---|
| Page | |
| Reference and administrative Information | 1 |
| Trustees' Annual Report | 2 |
| Independent Examiner's report | 10 |
| Receipts and Payment account | 11 |
| Statement of Assets and Liabilities | 12 |
| Notes to the financial statements | 13 |
ONE NEWHAM
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
For the year ended 31 March 2023
| Trustees | Susanne Rauprich – Chair |
|---|---|
| Claire Helman | |
| Faith Johnson | |
| Joseph Lyons | |
| Amanda Dubarry | |
| Peter Laing | |
| Fiona Baird | |
| Hannah Tulloch (to 27thFebruary 2023) | |
| Taskin Saleem (6thDecember 2023 to | |
| 3rdOctober 2024) | |
| Sulthana Begum (from 24thApril 2024) | |
| Network Co-ordinator | Joy-Caron Canter |
| Registered name | One Newham |
| Charity reg. no. | 1181534 |
| Principal office | C/O Community Links |
| 105 Barking Road | |
| Canning Town | |
| London E16 4HQ | |
| Independent Examiner | Norma Martin |
| Flat 45 | |
| 22 Park Crescent | |
| London W1B 1PD | |
| Bankers | Co-operative Bank |
| PO Box 250 | |
| Skelmersdale | |
| WN8 6WT |
Aston Mansfield Caramel Rock West Ham Foundation Your Place The Renewal Programme Newham New Deal Partnership Ascension Community Trust Subco Trust Bonny Downs Community Association
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
a. Constitution and governing document
One Newham is a charitable incorporated organisation. The Charity was registered with the Charity Commission in January 2019. The charity’s registration number is 1181534.
The charity is governed by its Constitution dated January 2019.
The governance of the charity is the responsibility of the Trustees. Day to day management is by the Network Co-ordinator, who draws on the support and expertise of the highly experienced Board of Trustees as needed.
b. Method of appointment or election of Board of Trustees
Trustees are elected and co-opted under the terms of the Constitution. Regular reviews are held to identify any expertise gaps within the Board of Trustees and appointments are made where required to strengthen the Board of Trustees, subject to all trustees’ approval.
Under the terms of the Constitution, one third of the board retires in rotation every year but can stand for reelection for another two terms of a maximum of three years. Members are invited to nominate candidates for election at the Annual General Meeting. In between general meetings, the board is able to appoint suitable candidates to fill skills gaps. Trustees so appointed then stand for election by the One Newham membership at the following Annual General Meeting.
No other person or external body is entitled to appoint any trustees of the charity. The Trustees who served during the period and after the yearend are shown on page 1.
c. Policies adopted for the induction and training of Board of Trustees
The charity provides new trustees with an induction pack and mentoring from the Chair. The charity has limited resources for formal training of the trustee body. However, on-going training opportunities are announced to trustees when these become available pro bono.
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
d. Related party relationships
The Charity has considered the disclosure requirements of the SORP for related party relationships.
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.
Trustees are required to disclose all relevant interests and register them with the Chair of Trustees and to withdraw from decisions where a conflict of interest arises.
The charity also co-operates and liaises with a number of other local charities and public authority departments on behalf of members. Where one of the trustees holds the position of trustee/director of another charity they may be involved in discussions regarding that other charity but not in the ultimate decision-making process.
e. Remuneration policy for key management personnel
In line with our pay policy, the pay of the charity’s Network Co-ordinator is reviewed annually, and normally increased in accordance with inflation, depending on affordability. The trustees also draw on their knowledge of the sector and common practice in other charities of similar size to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles.
f. Risk management
The Board of Trustees fully accepts its responsibilities for ensuring that the major risks to which the Charity is exposed are identified, and that there are systems and procedures in place to mitigate those risks.
The Charity is continually monitoring and managing its risk and ensuring action plans are in place to mitigate its key risks. A risk register is in place and is reviewed regularly.
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
a. Purposes and aims
One Newham is a network of voluntary and community organisations that are rooted in local communities and work to improve the lives of people in Newham. One Newham was created so that members learn from each other, benefit from each other’s strengths and expertise and through collaboration, innovate to find the best solutions to the issues that concern local people and communities, and the funds to support these.
There are currently 173 organisations in membership of One Newham, offering a range of services and opportunities for Newham residents. One Newham members create significant impact, not only for the people who participate in the activities that our members provide, but also for our local communities.
One Newham’s Constitution sets out our Objects, which are to promote the voluntary sector and to promote the efficiency and effectiveness of other charitable organisations for the benefit of the public in London borough of Newham by: -
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Liaising between charities, voluntary organisations, government agencies and other groups on relevant issues
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Assisting in the administration of funding programmes to charities and the voluntary organisations
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Providing training, conferences and seminars on subjects relevant to the efficiency of the voluntary sector
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• Providing advice and information on fund-raising techniques appropriate for voluntary organisations and charities
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
b. Principal activities
In the year to 31 March 2023, One Newham delivered activities in three main areas:
1. Practical facilitation of collaboration and coordination, and relationship building in the sector and with partners
One Newham “hosts” a number of Networks that enabled voluntary, community and faith sector groups to meet regularly on specific topics and collaborate on responses to the council and to joint bidding for grants and tenders. These networks are run by volunteers from our member organisations and are listed on our website.
Whilst the responsibility for voluntary sector communication passed to Compost CIC, we continued to issue occasional Member email updates during the year, keeping members informed about opportunities to collaborate, contribute to the development of the sector’s voice, opportunities for funding and training.
One Newham member organisations continued to participate in collaborative projects and programmes to deliver greater and improved services to Newham residents. This included the Newham Mental Health Connector programme and the health inequalities project.
2. Sector Voice and Advocacy
At our AGM in December 2022, our members reviewed their vision for One Newham to be a strong independent voice for the sector, collating the views and ambitions of the sector and advocating for the sector’s needs at key opportunities to influence statutory policy and decision making. They also discussed health inequalities across Newham and how grass roots organisations could be supportive.
Health Inequality Project. Part of One Newham’s role is to amplify the voices of community groups in Newham. Some of our grass root member organisations raised their concerns about the serious health inequalities being experienced by their group members and service users in Newham, particularly relating to members of specific ethnic communities. One Newham organised workshops with member organisations to hear their concerns and to co-produce a service model that would improve the support available to Newham residents experience health inequality. The service model developed is innovative in that it places a role similar to “Social Prescriber” in the community rather than in a statutory setting. The model created roles for “Advisers” who are members of the communities who are experiencing the most significant health inequality, and can build trust through shared ethnicity, faith, culture and language. London Borough of Newham Public Health team and the new Integrated Care System covering Newham were both so impressed with the proposed model they agreed to jointly fund a sixmonth test-and-learn pilot. The model is also innovative because it involves a larger “host” organisation that has the governance and credentials to satisfy statutory funders, working with three very small grass roots organisations who have less developed governance and infrastructure but deep reach and trust in their communities. The “host” organisation is able to provide contract management, manage reporting and provide payroll employment for three “Advisors”, but the three “Advisors” come from the communities impacted by health inequality and are appointed and work within the grass roots community groups. The pilot has involved three One Newham member organisations – Salem Health Project, Heal Together CIC and Blossom CIC who together support members of South Asian, Somali and French-speaking Black African communities. We look forward to reporting the outcome of the pilot in next years’ trustee report.
3. Administering a grants programme for small community groups and charities in Newham. 2022/23 saw the continuation of the Westfield Better Places 2030 Community Fund. Westfield Stratford City has kindly made a donation to One Newham which enables us to provide a grant scheme for small charities, community and voluntary groups in Newham.
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
The scheme ran two rounds of funding in the year, offering a maximum of twenty £500 grants aimed at supporting small groups to improve their capacity, capability and sustainability. The grant enables One Newham to provide support to small groups with a turnover under £50,000 a year, and provided funding towards equipment, governance improvements or social media and digital capabilities to groups who met the published criteria.
The grant enables One Newham to provide additional, tailored and individualised support including oneto-one mentoring support to groups to improve their governance, and assistance to groups who would otherwise experience a barrier to applying due to lack of digital access, language, physical or learning disability.
The grant panel is made up of a representative of a One Newham organisation whose income means they do not qualify for the scheme themselves, as well as an independent experienced grant administrator who both receive fees to reimburse the time they contribute to the running of the scheme, plus representation from Westfield Stratford City.
Other activities
In addition to these main activities, One Newham continued to support RUF (Residents United Forum) disability network, a fledging One Newham network which is establishing itself as a Deaf and Disabled People’s Organisation and a registered charity in its own right. RUF secured a new grant from the Greater London Authority of £9,000 to run the Hidden Voices public advocacy project to raise the voice of disabled people in Newham. One Newham is holding the grant on behalf of RUF whilst they obtain their Charity Commission registration (received subsequent to the end of the financial year) and open their own bank account. One Newham’s support and hosting has been vital to support this fledgling network to build its capacity and capability and fill a significant gap for disabled Newham residents who often feel unheard and ignored.
c. Public benefit
The Board of Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.
ACHIEVEMENTS AND PERFORMANCE: REVIEW OF ACTIVITIES FOR THE YEAR
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.
In each of these areas One Newham, through our members, had a positive impact on the viability, sustainability and delivery potential of voluntary sector organisations, and through them deliver improved services and outcomes for Newham residents.
1. Practical facilitation of collaboration and coordination, and relationship building in the sector and with partners
One Newham is delighted to be fostering and supporting collaboration across the sector. This has a number of benefits. In some instances, it has allowed partnerships of voluntary sector organisations to be formed who have then been able to secure substantial grant funding for new programmes for Newham residents, such as the successful Creative Newham network. In other instances, collaboration has enabled
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
marginalised and excluded voices of residents to be given greater support. This has particularly been the case with the creation of the disability network Residents United Forum. Prior to the creation of this network there was no pan-Newham disability network operating of substantial scale or impact appropriate to the level of disability experienced by Newham residents. The group, which is led by people who have lived experience of disability, is being supported by One Newham in the early stages of its development through mentoring and guidance and holding the first grant funding (GLA Roots Incubator grant) for the network whilst they set up their own bank account and governance arrangements.
One Newham member organisations continued to participate in collaborative projects and programmes to deliver greater and improved services to Newham residents. The Newham Mental Health Connector programme pilot phase was a success is now moving from pilot phase towards wide roll out across Newham and will involve more community groups in Newham in the delivery of the programme and enable them to access the funding on offer.
Connect Newham is a successful collaboration between Subco Trust, Age UK and the Renewal Programme to provide telephone befriending support to Newham residents. This collaboration also only came about through groups meeting each other through One Newham membership.
Newham Advice Partnership is a collaborative programme born out of the One Newham Advice and Advocacy Network. Consisting of Ascension Community Trust, RAMFEL, Mary Ward Legal Centre, Citizens Advice and Community Links, the partnership secured 2 year GLA funding to bring in much needed funding to improve the desperately sparce advice services available in Newham, with funding topped up by Newham Council. The service delivers advice during foodbank sessions run by other One Newham members such as Bonny Downs Community Association, and Royal Docks Learning and Activity Centre. This is an example of a wide ranging collaboration drawing on the strengths of different partner organisations and bringing in funds into Newham that would not have been secured without a partnership on this scale. The service addresses a massive gap in support for Newham residents.
In February 2023 One Newham launched Sustainable Newham supported by LBN’s Community Assemblies funding. Sustainable Newham is a network of people and organisations who work together to make Newham more environmentally friendly and sustainable, offering a forum to share resources and learning, and coordinate action across Newham.
In March 2023 Staywell, a network for organisations focusing on the wellbeing of older residents, held a conference for approximately 40 organisations.
2. Sector Voice and Advocacy
At our AGM in December 2022, our members reviewed their vision for One Newham to be a strong independent voice for the sector, collating the views and ambitions of the sector and advocating for the sector’s needs at key opportunities to influence statutory policy and decision making.
In particular our members said they wanted to contribute to the refresh of the Newham Local Plan and to develop a sector Manifesto. Member workshops were held where members views were gathered and collated and then sent out to all members for further input and review. This resulted in a number of important ways in which the needs and aspirations of the sector in Newham have been expressed formally in a statutory context as a collective voice for the first time.
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One Newham established regular dialogue & meetings with the mayor of Newham, to raise concerns
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● One Newham represents the sector VCS leadership group at system level for example on the integrated healthcare system board (ICS)
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A formal submission was made to the consultation on the Newham Local Plan covering the sector’s thoughts on areas as wide ranging as the opportunity to make use of disused buildings, provision of facilities and homes for rough sleepers, and improvements to how public spaces are made accessible for people with disability, impairments or limited mobility.
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
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A more detailed contribution to a specific council consultation on the provision of community space which set out the sectors’ preferences for how community space is charged for, how it used, how plans need to comprehensively cover both space owned by both the sector and owned by statutory bodies.
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The sector manifesto setting out nine Ambitions covering how the sector is positioned as an equal partner, involved in upstream decision making, influencing investment, championing inclusion and rights and maximising the trust that residents put in sector organisations has been shared widely. The manifesto also covers improved practice in procurement and communications. In May 2022 Newham held elections for the Executive Mayor of Newham and One Newham was able to send the manifesto to all of the candidates and make them aware of the collective ambitions of the sector and the way in which the Mayor of Newham could enable the sector to flourish and thrive.
It is too early to say whether these opportunities to raise the collective voice of the sector has changed statutory policy or approach, but members have welcomed the chance to raise their voice and set out what changes could enable them to be more effective organisations and thereby provide improved support and services to Newham residents.
- Administering a grants programme for small community groups and charities in Newham. The second year of the Westfield Better Places 2030 Community Fund has seen One Newham provide 21 grants of up to £500 each to small charities, community and voluntary groups in Newham.
As well as one to one support on issues like governance, the grantees have also benefited from training sessions delivered by volunteers from Westfield Stratford City staff on areas such as marketing and websites, health and safety and charity registration.
The groups who received an award in the year were:
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Frames of Mind Ltd
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Be the Cure
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Kulan Somali Organisation
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WIDE
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The Humble Gallery
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PALACE UK
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Mummy’s Day Out
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New Black Film Collective
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TiffinWalli CIC
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Carpenters Cafe
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Drop In Bereavement Centre
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Hope 4 Newham Homeless Outreach
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Forest Gate Community Garden
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True Ambassadors
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Jordan Mission
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ICSS
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Salem Health Project
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Rotary Club of Stratford
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ICAN PROJECT CIC
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Stage Ready
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Residents United Forum
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
FINANCIAL REVIEW
a. Summary
One Newham has ended the year with an unrestricted surplus of £10,136 and a restricted surplus of £80,844.
The principal sources of income are set out in the section on the charity’s activity and includes grants from a range of sources and fees for participation in various projects.
One Newham does not undertake any fundraising activities other than applying for grants. Grant applications are either made by individual trustees, staff of member organisations or by paid consultancy support, but in all cases responsibility and control of the application rests with the Trustees of One Newham.
The charity’s main sources of expenditure included administration of the Westfield Community grants scheme for small Newham community groups (including providing one-to-one mentoring support for some of the grantees) and the expenditure on the grants themselves. Some consultancy costs have been incurred in supporting One Newham member activities such as facilitation of the AGM and other member meetings, support with administration tasks and handling member queries and requests for help and guidance.
One Newham’s unrestricted reserves at the end of the year were £10,136 (£13,910 at the previous year end).
One Newham’s restricted reserves at the end of the year were £80,844 (previous year: £10,855). This consists of:
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£500 Westfield Community Grants – amount unawarded at the year end which will be included in the grant scheme for the following year.
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£10,355 GLA grants and donations held on behalf of RUF disability network which is due to be invoiced after the year end.
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£66,819 grants from LBN and NEL ICS for the health equalities project, due to be spent in 2023/24.
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£3,171 from the Forest Gate and Maryland Community Assembly for Sustainable Newham, due to be spent in 2023/24.
b. Reserves Policy
The trustees believe that One Newham should hold financial reserves in order to ensure that the charity can continue to operate and meet the needs of clients in the event of unforeseen circumstances and financial risk.
Trustees have taken into account the reliability and continuance of future funding, timing of cash flows and working capital requirements, cover for unplanned emergency works and potential liabilities to staff in the event of the closure of a particular activity.
Given the growth in income and expenditure, and to secure the future of services, trustees decided to work towards a reserve position of three months operating expenditure. For 2022-23, this equates £32,442.
The actual free reserves as at 31 March 2023 were £10,136. This is lower than the desired level and plans are in place to grow reserves to the required level.
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ONE NEWHAM
TRUSTEES' ANNUAL REPORT
For the year ended 31 March 2023
c. Financial Risks
The main financial risks facing the charity are around prioritising income diversification, securing multi-year funding from a broad range of sources including developing income generation activities to help sustain and support the growth plans of the organisation.
External factors such as the current economic crisis impact upon the availability of funding and the level of competition and demand. The budget for 2023/24 supports the charity’s activities and priorities below and is fully funded, minimising financial risks and exposure of the charity in the new financial year.
All risks, including existing and new emerging financial risks are captured and monitored by trustees on a monthly basis to help monitor, mitigate, and manage this area of the organisation.
d. Future Plans
One Newham plans to strengthen its core functions and principal activities. Towards the end of the year under review, positive discussions had taken place with the City Bridge Foundation, relating in two grant offers that will strengthen the charity’s voice and advocacy role, as well as adding to the community grant fund that One Newham administers.
INFORMATION ASSURANCE STATEMENT
The trustee board of One Newham oversees the information security of all personal information of staff, funders, members and strategic partners that is processed. The One Newham trustee board works to ensure the confidentiality, integrity and availability of all personal and sensitive data is maintained to a level which is compliant with the requirements of the UK General Data Protection Regulation and Data Protection Act 2018.
APPROVAL
This report was approved by the Trustees on 16 January 2024 and signed on its behalf by:
Susanne Rauprich
Chair
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ONE NEWHAM
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES For the year ended 31 March 2023
I report to the trustees on my examination of the accounts of One Newham (the charity) for the year ended 31 March 2023.
Responsibilities and basis of report
As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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ONE NEWHAM
RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31 March 2023
| Unrestricted Funds Note 2023 £ RECEIPTS Donations, grants and legacies General donations 649 Charitable activities 2 8,900 TOTAL RECEIPTS 9,549 PAYMENTS Charitable activities 3 Westfield Grant Scheme 1,540 Residents United Forum - Health Inequalities Project - Sustainable Newham - Other activities 11,483 13,023 Fundraising costs 300 TOTAL PAYMENTS 13,323 Net receipts / (payments) (3,774) TOTAL CASH FUNDS AT 1 APRIL 2022 13,910 TOTAL CASH FUNDS AT 31 MARCH 2023 £ 10,136 |
Unrestricted Funds Note 2023 £ RECEIPTS Donations, grants and legacies General donations 649 Charitable activities 2 8,900 TOTAL RECEIPTS 9,549 PAYMENTS Charitable activities 3 Westfield Grant Scheme 1,540 Residents United Forum - Health Inequalities Project - Sustainable Newham - Other activities 11,483 13,023 Fundraising costs 300 TOTAL PAYMENTS 13,323 Net receipts / (payments) (3,774) TOTAL CASH FUNDS AT 1 APRIL 2022 13,910 TOTAL CASH FUNDS AT 31 MARCH 2023 £ 10,136 |
Restricted Funds 2023 £ 50 120,169 |
Restricted Funds 2023 £ 50 120,169 |
Total Funds 2023 £ 699 129,069 |
Unrestricted Funds 2022 £ - 12,705 |
Unrestricted Funds 2022 £ - 12,705 |
Restricted Funds 2022 £ - 15,000 |
Restricted Funds 2022 £ - 15,000 |
Total Funds 2022 £ - 27,705 |
|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 120,219 9,590 1,779 30,000 1,180 - |
129,768 11,130 1,779 30,000 1,180 11,483 |
12,705 - - - 9,547 |
12,705 | 15,000 11,826 - - - |
27,705 11,826 - - 9,547 |
|||||||
| 13,023 300 |
42,549 - |
55,572 300 |
9,547 - |
11,826 - |
21,373 - |
|||||||
| **13,323 ** | 42,549 | 55,872 | 9,547 | _11,826 _ | 21,373 | |||||||
| (3,774) 13,910 |
77,670 3,174 |
73,896 17,084 |
_3,158 _ | _3,174 _ | 6,332 - 10,752 |
|||||||
10,752 |
||||||||||||
| £ 10,136 |
£ 80,844 |
£ | 90,980 | £ _13,910 _ |
£ | _33,067 _ | £ 167,412 | |||||
The annexed notes form part of these financial statements
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ONE NEWHAM
(Registered charity number 1181534)
STATEMENT OF ASSETS AND LIABILITIES
| As at 31 March 2023 | ||||
|---|---|---|---|---|
| Notes CURRENT ASSETS Cash at bank and in hand NET CURRENT ASSETS NET ASSETS FUNDS Restricted funds Unrestricted funds: General fund TOTAL CHARITY FUNDS |
£ 90,980 |
2023 £ 90,980 £ 90,980 80,844 90,980 £ 90,980 |
£ 17,084 |
2022 £ 17,084 |
| 90,980 | 17,084 | |||
| 10,136 | 13,910 | |||
| £ 17,084 |
||||
| 3,174 17,084 |
||||
| £ 17,084 |
The financial statements were approved, and authorised for issue, by the Trustees on 16 January 2024 and signed on their behalf by:-
SUSANNE RAUPRICH, Chair
The annexed notes form part of these financial statements
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ONE NEWHAM (registered charity number 1181534)
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2023
1. Receipts & payments accounts
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
2. Grants & donations
Donations: 699 Total Grants: 129,069
Grant income is received and spent in accordance with the conditions of the grant. All grants are restricted.
| **3. ** | Funds analysis | Unrestricted | Restricted | Total Funds |
|---|---|---|---|---|
| Total funds b/fwd 01 April 2022 | 13,910 | 3,174 | 17,084 | |
| Movement to 31 March 2023 | (3,774) | 77,670 | 73,896 | |
| Total funds c/fwd 01 April 2024 | 10,136 | 80,844 | 90,980 |
4. Creditors
None
5. Trustees’ remuneration
During this period, no trustees were paid remuneration.
6. Related party transactions
There were no related party transactions in this period.
7. Glossary of terms
Creditors: These are amounts owed by the charity, but not paid during the accounting period. Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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