ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 7TH MAY 2022
FOR THE ONE
(Charitable Incorporated Organisation)
CHARITY REGISTRATION No: 1183307
Castle View Accounting Ltd
New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
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FOR THE ONE
(Charitable Incorporated Organisation)
CONTENTS
| Page 3 | Legal and Administrative Information |
|---|---|
| Pages 4 to 6 | Trustees' Report |
| Page 7 | Statement of Financial Activities |
| Page 8 | Balance Sheet |
| Pages 9 to 14 | Notes to the Financial Statements |
| Page 15 | Independent Examiner's Report |
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FOR THE ONE
(Charitable Incorporated Organisation)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1183307 DATE OF REGISTRATION 8th May 2019 START OF FINANCIAL YEAR 8th May 2021 END OF FINANCIAL YEAR 7th May 2022 TRUSTEES AT 7TH MAY 2022 Hannah Spires Jane McDonald Diana Shaw Peter Waddup Sally Dunn (Appointed 30th December 2021) LEGAL STATUS Charitable Incorporated Organisation GOVERNING INSTRUMENT CIO - Foundation Registered 8th May 2019
OBJECTS
For the public benefit of the public, in accordance with its Christian origins and heritage the relief of those in need by way of financial hardship, unemployment, ill-health, disability and/or poor education or skills attainment by providing or assisting in the provision of education, training, healthcare projects and financial and practical support with the aim of improving the conditions of life of such persons and enabling them to participate in society and be self-sufficient.
CORRESPONDENCE ADDRESS The Old Forge Church Street Polebrook Peterborough PE8 5LF PRIMARY BANKERS Wise Ltd 56 Shoreditch High Street London E1 6JJ INDEPENDENT EXAMINERS Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
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FOR THE ONE
(Charitable Incorporated Organisation)
TRUSTEES' REPORT FOR THE YEAR ENDED 7TH MAY 2022
This past year has seen many significant challenges resulting in changes to the way in which we run the charity, for the safety and protection of our volunteers and beneficiaries.
Getting money into this South East Asian country is always challenging, but following a major political change in early 2021 it became almost impossible for a period of time. It was heartbreakingly frustrating to see the desperate need of this beautiful nation and not be able to respond with the practical help we knew we could have given.
The feeling of helplessness and hopelessness tend to come hand in hand. For many people who were only just surviving before the political changes, life has now become unbearable. People really are desperate just to survive each day.
During late 2021, For The One was finally able to respond to the crisis and get small amounts of money into the country to address the ever worsening national food shortage, lack of medical facilities, and shelter. However, due to the collapse of the health care system, accessing health care was challenging and at times impossible. This forced us to focus primarily on food and shelter until doors were opened and we were able to find hospitals and doctors who were able to treat those most in need.
Food
For The One continues to reach some of the most desperate communities in and around the city. Over a 6 month period we were able to provide regular food parcels to 505 families plus 100 orphaned children, reaching a total of 2,545 individual people for a period of between 2-8 weeks. Basic food items included rice, potatoes, oil, noodles, eggs, onions and garlic.
Many people are malnourished and underweight as an indirect consequence of the current situation in country. Lack of food and good nutrition have cause a spike in illness and disease as the health of the population continues to decline. In order to proactively address this growing health crisis, we were able to support some of the most vulnerable communities with food and good nutrition.
Utilising local knowledge and contacts we were able to reach the most vulnerable with food parcels. Local leaders and FTO volunteers worked together to identify the most desperate and then organised distribution.
The following 2 quotes came from some of our beneficiaries:
“Please thank the people who donated these food packages for their loving concern towards us. We have been praying for provision as we are finding it so hard to earn money and buy food at the moment. Today our prayers have been answered and I am so happy. Thank you.”
“This morning I had no oil left to cook a curry for my family. I had to go and ask a neighbour if they could lend me a small amount which they kindly did, even though things are hard for them too. I was so worried about how I would repay their generosity. Then unexpectedly we were visited by your team and they gave us food packages. Inside I found oil, rice, onions, eggs, salt and rice noodles. Oh thank you for being the answer to our prayers.”
Shelter
Shelter is a basic fundamental right for all of humanity. Inadequate and/or lack of shelter exacerbates poor heath outcomes and significantly increases the changes of sickness and injury. We have been able to build/re-build 15 homes that were dangerously unstable and for those who found themselves homeless. These homes are traditionally made of wood, bamboo and banana leaves so are very basic in their construction but they provide a safe place to stay and shelter from extreme weather. Each of the beneficiary families contributed to the construction of their new homes in some capacity, mostly in the physical building once the construction materials had been provided, others were able to provide some simple materials in addition to the supplies provided by For The One.
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FOR THE ONE
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 7TH MAY 2022
Medical
We were able to provide 2 oxygen concentrators and face masks to 2 facilities treating patients with Covid-19 and medicines to 70 children in a local orphanage.
In the chaos of Covid-19, the absence of hospitals, doctors or nurses and a shortage of oxygen, many people were trying to manage their symptoms and/or dying at home. In response, as the world closed their doors to protect themselves, many local faith organisations opened up their doors to the sick and dying to care for them. In most cases, these facilities had no PPE, no equipment, no training, only a sacrificial heart to be the the answer to so much suffering. Through a very generous gift, For The One was able to purchase 2 oxygen concentrators capable of generating their own oxygen supply. These machines went to two different facilities, one in a city in the South and one in the North of the country. These oxygen concentrators were saving lives every day and we are so thankful to have had the opportunity to help in this way.
Towards the end of this past year, health facilities slowly began re-opening and providing health care services. We have been able to treat/begin treatment for 4 individuals waiting desperately for medical help. Below is a brief overview of their stories:
KK is 34 years old and from the city. Her father died when she was young leaving her mother to raise her and her brother alone. In 2017 whilst studying at college, KK began to suffer with excruciating abdominal pain. A trip to the hospital revealed a mass attached to the uterus and growing steadily. At the time, with no money for treatment and having been told she would likely need a hysterectomy, she decided to return home and wait. Between 2017-22 the mass grew leaving KK looking 6 months pregnant and in constant pain. Tragically, in 2021, KK’s brother died suddenly. One of our amazing volunteers was introduced to KK. We were able to get KK seen by a wonderful surgeon who was not only very experienced, but also incredibly kind and understanding. They promised to do all they could to remove the tumour without the need for a full hysterectomy but admitted this was unlikely. After 5 hours of surgery the surgeons managed to isolate and remove the whole tumour without the hysterectomy. And a few days later results came back to confirm it was benign. Seven days after the surgery, KK got to return home and is doing exceptionally well.
SNA is a farmer from the South West of the country. A hunting rifle was accidentally discharged whilst slung over his shoulder and he was shot in the foot. With limited health care facilities he was forced to travel 3 days to the city for treatment. Initial attempts to remove the bullet and repair the damage failed and surgeons told him that his only option was amputation. The cost of the surgery was beyond his ability to pay and so he waited in excruciating pain for 7 months trying to work out what to do. Returning home to his young family in this state was not an option, he was the only bread winner. SNA has been trialling a course of medication and regular wound care as an alternative to amputation, however we are not sure this is the right course of action. According to the surgeons, the challenge is that the bullet is lodged in a very difficult position and they do not feel it is possible to remove it without causing further damage. However both surgical amputation and conservative management will both significantly affect mobility. This case is still ongoing.
UNH is a 71 year old from the West of the country. He made his way to the city in a desperate search for help. He had been suffering from weight loss and extreme back pain for many months. It’s been a complex journey of medical consultations, tests, surgeries and treatments with no diagnosis and UNH continued to deteriorate. Eventually he was diagnosed with TB in the bone and doctors told his friends to take him home to die but we chose to fight a little harder. UNH slowly began to make small improvements and now he is not only nearing the end of treatment but thriving and excited to go home to his family.
D is a 7-year-old orphan from a children's home on the outskirts of the city. He was born with talipes which is also known as club foot. We had been waiting for 2 years to take him to a hospital to begin the process of straightening his feet, but due to covid and then significant challenges in country, it’s been impossible. But finally, in the middle of April, we saw an orthopaedic surgeon. The plan was to complete 3 cycles of wearing a cast for 3 weeks (total of 9 weeks) followed by surgery. We have successfully managed to complete 1 cast cycle and now awaiting a review before beginning the second cycle.
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FOR THE ONE
(Charitable Incorporated Organisation)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 7TH MAY 2022
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations, Grants & Legacies 3a TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of Generating Funds Cost of Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING (OUTGOING) RESOURCES Funds Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2021/22 2020/21 £ £ £ £ 12,766 1,592 14,358 15,100 12,766 1,592 14,358 15,100 15,287 1,592 16,879 5,250 600 - 600 550 15,887 1,592 17,479 5,800 (3,121) - (3,121) 9,300 12,924 - 12,924 3,624 9,803 - 9,803 12,924 |
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 9 to 14 form part of these financial statements.
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FOR THE ONE BALANCE SHEET ASAT IAAY 2022 To 07vlA•y-22 07-Alty.21 Flx•d AM• Au•1 Inveslrnts Tow Flx•d A••ts D¢blorn & Prewrn•nl• Cash •1 BAnk and w H•xl T•#1 C¥rr•ntA•• 10303 11403 10.403 13 7• PIETCUIIRENT A8JET8 12,924 1Q NET $£4 12.•24 Pwndollh chty Gener41 Funth 12,924 ..IL.I.. I CJ..l...I.0.2.2............................................................................ ........ spzCES .
FOR THE ONE
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7TH MAY 2022
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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FOR THE ONE
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 7TH MAY 2022
1. ACCOUNTING POLICIES (continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Pensions
Pension contributions are charged to the Statement of Financial Activities as they become payable.
Unrestricted funds
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
Restricted funds
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.
Designated funds
These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.
Fixed Assets
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:
Fixtures, Fittings and Equipment
25% - Reducing Balance Basis
2. TANGIBLE FIXED ASSETS
The CIO held no fixed assets during this or the previous financial year.
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
7th May 2022 : None
7th May 2021 : None
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FOR THE ONE
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 7TH MAY 2022
3. INCOMING RESOURCES
| Note a) Donations, Grants & Legacies Gifts & Donations 5 4. RESOURCES EXPENDED a) Cost of Charitable Activities Bank Charges Books & Publications Family Support & Shelter 5 Food Relief 5 Gifts & Donations 5 Medical Costs Sundry Expenses Volunteers Costs ` b) Governance Costs Independent Examiners Fees 9 |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2021/22 2020/21 £ £ £ £ 12,766 1,592 14,358 15,100 12,766 1,592 14,358 15,100 Unrestricted Restricted TOTAL TOTAL Funds Funds 2020/21 2020/21 £ £ £ £ 69 - 69 - 2,485 - 2,485 - 1,824 301 2,125 2,524 4,289 190 4,479 516 4,966 - 4,966 350 1,368 1,091 2,459 1,509 146 - 146 350 140 11 151 - 15,287 1,592 16,879 5,250 600 - 600 550 600 - 600 550 |
|---|---|
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FOR THE ONE
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 7TH MAY 2022
5. RESTRICTED FUNDS
CURRENT FINANCIAL YEAR
| Food Relief Fund Medical Fund Shelter Fund Volunteers Support Fund |
Balance Balance 08-May-21 Income Expenditure Transfers 07-May-22 £ £ £ £ £ - 190 190 - - - 1,091 1,091 - - - 301 301 - - - 11 11 - - - 1,592 1,592 - - |
|---|---|
PREVIOUS FINANCIAL YEAR
| Food Relief Fund Shelter Fund Volunteers Support Fund |
Balance Balance 08-May-20 Income Expenditure Transfers 07-May-21 £ £ £ £ £ - 120 120 - - - 804 804 - - - 350 350 - - - 1,274 1,274 - - |
|---|---|
Restricted funds are wholly represented by the charity's cash reserves and are to be expended as specified above.
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FOR THE ONE
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 7TH MAY 2022
6. INVESTMENTS
The CIO held no fixed assets investments during this or the previous financial period.
7. CASH AT BANK AND IN HAND
| Unrestricted | Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|---|
| Fund | Fund | 07-May-22 | 07-May-21 | ||
| £ | £ | £ | £ | ||
| Cash at Bank & in Hand | 10,403 | - 10,403 13,474 |
|||
| 10,403 | - 10,403 13,474 |
||||
| 8. DEBTORS AND PREPAYMENTS | |||||
| Sundry Debtors | Unrestricted Fund £ - |
Restricted Fund £ |
Total 07-May-22 £ - |
Total 07-May-21 £ - - |
|
| - | - | - - |
|||
| 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| Independent Examiners Fees | Unrestricted Fund £ 600 |
Restricted Fund £ |
Total Total 07-May-22 07-May-21 £ £ - 600 550 |
||
| 600 | - 600 550 |
10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The CIO held no long term liabilities during this or the previous financial period.
11. NET ASSETS BETWEEN FUNDS
| Fixed Asset Investments Net Current Assets Long Term Liabilities |
Unrestricted Restricted Total Total Funds Funds 07-May-22 07-May-21 £ £ £ £ - - - - 9,803 - 9,803 12,924 - - - - 9,803 - 9,803 12,924 |
|---|---|
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FOR THE ONE
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 7TH MAY 2022
12. STAFF COSTS AND NUMBERS
The Charity employed no members of staff during this or the previous financial year.
13. TRUSTEES AND OTHER RELATED PARTIES
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. (2020/21: None)
14. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
15. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
16. PUBLIC BENEFIT
The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.
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