**OUR ONLY WORLD** ## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30/6/21** Our Only World first started their activities in July 2018. We became a Registered Charity in February 2019. Registered No. 1182056. Our main aim is to promote marine conservation, specifically reducing marine plastic pollution. We have two major projects underway: - Our song project suffered from the COVID-19 lockdown as it involves primary school children, singing and dancing together, which has not been able to take place this year. We intend to continue this project in the near future. - Our water refill station has advanced considerably and we are approaching the manufacturing stage. We have worked with local designers, plumbing and steel engineering companies. The outer case of the unit is made from recycled fishing nets collected from local beaches. We have been successful in securing funding from Cornwall Council to site 15 units around Cornwall. Our overheads are minimal. Insurance is our major expense. We have managed to fund one conservation project concerned with mapping sea grass meadows. Next year we hope that we will be able to fund other marine conservation projects 1 endent Exarniner5 R he Trustees of Our orld On accounts ofthe charityforthe yeareDded 30 lune 2021, whlch areset out ori page 3 ive res es and examiner The charlty's trustee5 are responsible forthe preparation of the accounts in accordance with the Charities Act 20111"the ACWI. The charivs trustee5 conslder that an audlt 15 not required forthi5 nl44ofth A an inde end Ba￿5 dent Examiners re ort My examinatlon Inclvde5a review ofthe accounting records kept bythe charity 3nd a comparison of the of the accounts presented with those ￿CordS It also Includes cofisideration of any unusual rtem5 or dlsclosures the aiiourt5, and seeking explanation fromthe tru5tee5 concernlng anysuch matter5. The procedures undertaken do not provide all the evidertethatwould be required In an audit. and conseouently no opinion is8l¥en asto whetherthe account5 present a'rrue and fair. view and the report15 Ilmlted tothose matters 5etout In the statement below. Ind endent Examln men sn conntttion with ffly examination, no materfal matters have cometo my attentSon which gives me cause to bellevethat In any material re5S)PGtthe accounts dld not atiord with the accounting reiord5 have no concern5 and have come across no other matters In connectlon with the examination to which attention should be drawn In thi5 report in orderto enable a propEr underst3ndlng of the accountsto be reached. DI A DTibbenham Corbells, St BreY4èrd, CDrnwall, PL304ND Date k% |**INCOME AND EXPENDITURE ACCOUNT**|**INCOME AND EXPENDITURE ACCOUNT**|**INCOME AND EXPENDITURE ACCOUNT**|**INCOME AND EXPENDITURE ACCOUNT**||||||| |---|---|---|---|---|---|---|---|---|---| |**FOR THE YEAR ENDED 30 June 2021**|||||||||| ||||||||||| ||||||||2021||2020| ||||||||||| |**INCOME**|||||Notes||£||£| ||||||||||| |Water Refill Project|||||1||22,300||4,100| |Donations for specific water sites|||||2||5,685||| |SongProject donations|||||3||5,375||0| |Donation for WRAS|||||4||4,400||| |Gift Aid Recovery|||||5||362||604| |Unrestricted Donations|||||||251||2,487| |Loan|||||6||||1,200| |Prize moneydonated for EngineeringProject|||||||||250| ||||||||||| ||||||||38,373||8,641| ||||||||||| |**EXPENSES**|||||||||| ||||||||||| |Water Refill Prototype|||||7||2,023||| |Water Refill Project|||||8||1,242||2,900| |Web site development|||||9||600||| |Grant awarded|||||10||500||| |Legal costs|||||11||400||| |Social Media|||||12||309||| |Miscellaneous|||||||593||2,655| ||||||||5,667||5,555| ||||||||||| |**NET INCOME**|||||||32,706||3,086| ||||||||||| |**REPRESENTED BY**|||||||||| |Balance at the bank 30/06/2020|||||||6,775||3,689| |Net income|||||||32,706||3,086| |Balance at bank 30/6/21|||||||39,481||6,775| ||||||||||| ||||||||||| |**RESERVES 30/6/21**|||||||||| |Reserve for Water Refill|||||||29,921||1,200| |Reserve for SongProject|||||||6,290||965| |Unrestricted reserves|||||||3,271||3,410| |Loan|||||||0||1,200| ||||||||||| ||||||||39,481||6,775| ||||||||||| The Notes to the Accounts on Page 4 form part of these accounts. 3 **OUR ONLY WORLD** ## **FINANCIAL STATEMENTS FOR THE 12 MONTHS TO 30/6/21** ## **NOTES TO THE ACCOUNTS** These accounts have been prepared on the receipts and payments basis. 1. Donations to our Water Refill Project include amounts from Barratt Developments, Elmgrant Trust, Garfield Weston Foundation, Lord Barnby Foundation, South West Water and TEVI. 2. We received donations for siting water stations at specific sites. 3. We received two large donations from F/Flow GML and GRG to help us continue our children’s song project in Guernsey. 4. We have received funding towards Water Regulation Testing (WRAS) We estimate the cost of this will be £5000. 5. Gift Aid Recovery is gift aid reclaimed from HMRC. 6. Last year’s loan was converted to a donation by the lender. 7. Payments made to the Water Refill Prototype are for our prototype and the plumbing. 8. £1242 consists of the purchase of recycled marine plastic for testing and payment to third party for a funding submission. 9. For the first time we have had professional help with our web site. - 10.£500 is our first grant paid to Looe Marine Group who are embarking on mapping sea grass meadows. 11. We employed a legal firm to search for Intellectual Property rights associated with the water refill project. - 12.This is the cost of improvements to our social media platforms. 4