THE ONE LOVE PROJECT
(Charitable Incorporated Organisation)
Charity Reglstratlon No. 1189782
Trustees. Report and Unaudited Accounts
31 May 2024

THE ONE LOVE PROJECT
Contents
Pagès
Legal and Administrative Information
Trustees. Annual Report
Independent Examiner's Report
Statement of Financial Aclivilies
Balance Sheet
3105
Notes to the Accounts
91018
Detailed Statement of Financial Activities
19to20
Pagel 1

THE ONE LOVE PROJECT
Legal and Administrative Information
CHARITY NUMBER
1189762
DATE OF REGISTRATION
4th June 2020
START OF FINANCIAL YEAR
1 st JLtne 2023
END OF FINANCIAL YEAR
31st May 2024
TRUSTEES AT 31st MAY 2024
Sharon Yavuz
Zoey Smith (Irusleeship expired 3 June 2023)
Jessica Ellis (resigned 17 February 2025)
Rhiannon Jones (resigned 23 April 20241
Hollie Wells {resigned 27 May 20241
James Brittain {appointed 14th March 2024)
Tessa Cansdal8 {appointed 17th February 2025)
LEGAL STATUS
Charitable Incorporated Organisalion
GOVERNING INSTRUMENT
CIO-Foundalion Registered 4th June 2020
OBJECTS
To relieve pov8rty, emotronal distress and sickness, In particular but not exclusively, amongst
homeless people in Southend-on-sea and the surrounding area by the provision of advice, and
assistance services, food. clothing and a safe place.
CORRESPONDENCE ADDRESS
Hollybrook
Camarvon Road
Southend-on-sea
SS2 6LR
PRIMARY BANKERS
Barclays Bank
PIC 1 Churchill
Place London
E145HP
INDEPENDENT EXAMINERS
Hancock & Haslings Limited
ACCA
Suite 2
Ashton Square Business
Cenlre 22 Ashton Square
Dunstable
LU6 3SN
Page12

THE ONE LOVE PROJECT
Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the unaudited financial statements of the charity for the year ended 31 May
2024
Objectives and activities
The One Love Proiecl is a charity whose purpose Is the relief of poverty and the relief of those In
The One Love Project Is a charity whose purpose Is the relief of poverty and the relief of those In
need, by reason of youth, age, ill-he81th, disability and financial hardship, In particular bul not
exclusively amongst homeless people a6 well as Individuals and families facing food and fuel
poverty In Soulhend On Sea and surrounding areas by the provision of advice, assistance and sign
posting services, food, clothing and a safe spa￿.
The One Love Project provides ils seNices from Ils base in the heart of Southend on Sea The
services provided by The One Love Project are non-referral, and non-iudgmenlal. and no person Is
excluded due to geography. If any person is In need of our services and can attend our operational
base, th8n they are welcome to attend
The One Love Project continues to deliver Ils core facilities providing Ihree evening services per
week (overtwo evenings}one dodicated towomen only, and 2 mixed services, as well as the weekly
non referral foodbank service an(1 weekly wellbeing sessions During these services a ful
wraparound provision is provided including a hot nutritious meal, hot shower facilities, clothing,
aC￿$S to mental and physical health practitioners. Our approach Is welcoming and friendly, offenng
a safe, non-judgmental space which is well supported by professional services and volunteers.
During 2024 numbers to our setvices hil an all-time high, which has led The One Love Project lo
review Its provisions and look to ensure they can engage with as many of those in need as possible
As well as the core facilities, The One Love Project has been able to secure funding to deliver
additional seNices including Treat Ihe Feel, a Podiatry service and Cooking Classes and has
worked in partnership to delivery services including Dentistry, Sexual Health Testing, HEP C testing
and meal to families In emergency temporary accommodalion with no access to cooking faGilities.
One of the main focuses during 2024 was to extend and strengthen the partnership working and
collaboration within the other local statutory and non-slalutory providers.
During the calendar year 2024 over 13.700 attended our evening service, over 10,800 attended the
foodbank and over 550 meals were provided to families in emergency temporary accommodation.
All of the funding for the Project is delivered via donations and grant applications. Al the end of
2023, Ihe charity was awarded funding from HM Government via the National Lottery. This and
other funding provision has allowed Ihe team of employed staff lo expand to the equivalent of 3.5
full-lime employees.
Public benefit
The Trustees pay due respect to the guidance provided by the Chanties Commission when deciding
on the aclivilies of the Charity This is demonstrated by the diverse range of services provided by
the charity across a broad demographic whilst maintaining the obieGtives as detailed by the
Charities Commission
Page13

THE ONE LOVE PROJECT
Trustees Annual Report
Contributions made by voluntèers
The One Love Project currently has 115 active volunteers.
Our volunteers contrrbute and help run our services throughout the week, which vary from back-
office support, volunleer recruitment, on-sile maintenance, donation sorting, foodldonalion
collections, events, cooking and prepping meals and running both the soup kitchen and food bank
services
All volunteers are offered a varied range of appropriate Iraining including mental health first aid,
trauma informed approaches, professional boundaries, suicide awareness, drug & alcohol
awareness and naloxone
Working together as a team, providing the services we do, allows for a meaningful contribution
towards a beller community
Structure, governance and management
The Charity is governed by The Charity Commission for England and Wales and operates as a CIO
Foundation Charity.
The Charity has a diverse range of experience within its board of trustees and all appointments are
advertised via a wide range of channels including social media and local setvices. All applications
are via a standardised application fomi and full interview process. The trustees are currently looking
to broaden the board and will shortly be looking to recruil a treasurer.
Organisational structure
The Chief Executive Officer is responsible for the day-lo-day running of all aspects of Ihe charity
and works closely with the chair of Irustees
As Ihe charity has developed and diversified to meet the needs within the local community,
additional time has been spent firming the infrastructure of the charlty
The trustees and senior leam al the charity have invested In developing a slrategy plan for growth
and longevity which will be published In the coming months The Chief Executive Officer will work
closely with the trustees lo ensure that this is delivered and to deliver the strategy lo the wider
cofflmunily as well as the volunteer base
Page14

THE ONE LOVE PROJECT
Trustees Annual Report
Trustees, responsibilities
The trustees are responsible for preparing the trustees. report and financial statements for The One
Love Project In accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice)
The Charities Act 2011 requires the trustees to prepare financial stalements for each financial year
which give a true and fair view of the slate of affairs of the CIO and of the surplus of the CIO for that
period. In preparing those financial statements the Irustees are required to
Select suitable accounting policies and apply them consistently
Observe the methods and principles in the Charity SORP.
Make iudgemenls and estimates that are reasonable and prudent
State whether applicable UK accounting slandards have been followed, subject to
any malerial departures disclosed and explained in the financial statements. and
Prepare financial slalemenls on the going concern basis unless it is inappropriate lo
presume that the CIO will continue in existence.
The Trustees ar8 responsible for keeping propgr accounting records that disclose wilh reasonabl8
accuracy at any time the financial position of the charity and enable them lo ensure that the financial
slalements comply with the Companles Act 2006 The Trustees are also responsible for
safeguarding the assets of the charity and hence taking reasonable steps for the prevention and
detection of fraud and other Irregularities
The above report has been prepared In accordance with the provisions applicable to companies
subject to the small companies, regime as sel oul in Part 15 of the Companies Act 2006 and in
accordance with the Charities SORP {FRS 1021.
Signed on behalf of the board
S. Yavuz
Trustee
26 March 2025
Page15

THE ONE LOVE PROJECT
Independent Examiner5 Report
Independent Examiner's Report to the trustees of The One Love Project
I report to the charity trustees on my examination of the financial stalemenls of The One Love Project
for the year ended 31 May 2024.
Responsibilities and basls of report
As the charitys Irustees of the company (and also direclors for the purposes of company law) you
are responsible for the preparation of the financial statements In accordance with the requiremenls
of the Companies Act 2006 ('the 2006 ACV).
Having satisfied myself Ihal the financial statements of the Charily are not required to be audited
under Part 16 of the 2006 Acl and are eligible for Independent examination. I report in respect of my
examination of your charity's financial statements as carried out under section 145 of the Charities
Act 2011 ('the 2011 Act,). In carrying oul my examination I have followed the Directsons given by the
Charily Commission under section 14515) (b) of the 2011 Act
Independent examiner's slatement
I have completed my examination I can confirm thal no material matters have come lo my attention
In connection with the examination giving me cause to believe
accounting records were not kept in aG￿rdan￿ with section 386 of the 2006 Ad.. or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements under section 396 of
Ihe 2006 Act other than any requirement that the financial statemenls give a 'lrue and fairf view
which Is nol a matter considered as part of an independent examination,. or
Ihe financial statements have not been prepared in accordance with the methods and principles
of the Statement of Recommended Practice for accounling and reporting by charities applicable
to charities preparing their accounts in accordance with the Financial Reporting Slandard
applicable In the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with Ihe examination to
which attention should be drawn in this repori in order to enable a proper understanding of the
financial statements to be reached.
Amy Hancock FCCA
Hancock & Hastings
Limited offi￿ 2, Ashton
Square Business Centre
22 Ashton Square
Dunstable
LU6 3SN
26 March 2025
Page16

THE ONE LOVE PROJECT
statement of Financlal Actlvlties
for the year ended 31 May 2024
Unrestricted Restricted
funds
funds
2024
2024
Totsl
funds
2024
Total
funds
2023
Notes
Income and endowments from:
Donalions and legacies
Other trading activities
Other
110.831
58,032
421
70.774
181.605
58,032
421
149,701
52,152
424
Total
169,284
70,774
240,058
202,277
Expenditure on:
Raising funds
Charitable activities
Other
10,157
33,387
87,753
10,157
39,562
127,882
1,132
66.405
108,757
176,294
6,175
40,129
46,304
Total
131,297
177,601
Net gains on Investments
Net income
37,987
24,470
62,457
25,983
Transfers be￿een funds
Net income before oiher
gainsl{losses)
other galns and losses
37,987
24,470
62.457
25.983
Net movement in funds
37,987
24,470
62,457
25,983
Reconciliation of funds:
Total funds brought forward
78,292
27,882
106,174
80,191
Total funds carried forward
116,279
52,352
168.631
106,174
Page17

THE ONE LOVE PROJECT
Balance Sheet
al 31 May 2024
Notes
2024
2023
Fixed assets
Tangible assets
13
2.200
2,200
4,400
4,400
Current assets
Debtors
Cash al bank and In hand
14
1,467
170,166
171,633
102,724
102,724
Creditors: Amount falling due within one year
Net current assets
15
{5,202)
166.431
168,631
168.631
{9501
101,774
106,174
106,174
Total assets less current liabilltios
Net assels excluding pension asset or liability
Total net assets
168,631
106,174
The funds of the charity
Restricted funds
Restricled Income funds
16
52,352
52.352
27,882
27,882
Unrestricted funds
General funds
Designated funds
16
5,656
110,623
116.279
16,102
62,190
78,292
Total funds
168,631
106,174
These accounts hav8 been prepared In accordance with the special provisions of Part 15 of the
Companies Act 2006 relating lo sm811 companies
For the year ended 31 May 2024 the company was entitled to exemption under section 477 of
the Companies Act 2006 relating to small companies.
The members have nol requested the company to obtain an audit in accordance with section 476
of the Companies Act 2008
The directors acknowledge their responsibilities for complying with the requirements of the Companies
Act 2006 with respecl lo accounting records and the preparation of accounts.
Approved by the board on 26 March 2025
signe
on its behalf by
av
Trustee
26 March 2025
Page18

THE ONE LOVE PROJECT
Notos to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basls of preparation
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities Slalement of Recommended Practice applicable to Gharilies preparing their
8ccounts In accordance with Ihe Financial Reporting Standard applicable In the UK and
Republic of Ireland (FRS 1021 (effedive 1 January 2015) (Charities SORP {FRS 1021}, the
Financial Reporting Standard applicable In Ihe UK and Republic of Ireland (FRS 1021 and the
Companies Act 2006
Assessmenl of Going Concern
Preparation of the accounts Is on a going concern basis The trustees consider that there are
no material ￿n￿rtaInlieS about the Charity's ability lo continue as a going concern
Change in basis of accounting or to provious accounts
There has been no change lo the accounting policies (valuation rules and method of
accounting) since last year and no changes have been mad6 lo accounts for previous years
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees In
furtherance of the general objects of the charity.
Designated funds
These are unrestricled funds earmarked by the truslees for
particular purposes.
Revaluation funds These are unrestncted funds which Include a revalualion reserve
represenllng Ihe reslatemenl of investment assets at their market
V81ues
Restricted funds
These are available for use sublecl lo reslriclions Imposed by the
donor or through terms of an appeal.
Page19

THE ONE LOVE PROJECT
Notes to the Accounts
Income
Recognition
of Income
Income is included In the Slalemenl of Financial Activities ISOFAI when
the charity becom8s entitled to, and virtually certain lo receive, the income
and the amount of the Income can be measured with sufficienl reliability
Income with
related
expenditure
Where Income has related expenditure the income and related
expenditure Is reported gross in the SOFA
Donations
and legacies
Voluntary income received by way of grants, donations and gifts is
included in the SOFA when receivable and only when the Charity has
unconditional entitlement to the income.
Tax reclaims on
donations and
gifts
Income from lax reclaims is included in the SOFA at the same lime as the
giftldonation lo which it relates
Gifts In Kind
Gifts In kind are accoun16d for al a reasonable 6Stimate 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 income (with an equivalent amount In
expenditure) where the benefit to th6 Charity Is reasonably quantifiable.
measurable and matenal
Volunteer help
accounts.
The value of any volunteer help re￿iVed Is not included In the
Investment income This is included In the acGounts when receivable.
Gainsl{losses} on
revaluation of
fixed assets
This Includes any ga1n or loss resulting from revaluing Investments to
market value at the end of the year.
Gainslllosses) on
investment
assets
This includes any gain or loss on the sale of investments
Page | 10

THE ONE LOVE PROJECT
Notes lo the Accounts
Expenditure
Recognition of
expenditure
Expenditure Is recognised on an accruals basis. Expenditure includes any
VAT which cannot be fully recovered and is reported as part of the
expenditure to which Il relates
Expenditure On
raising funds
These comprise the costs 8sso¢iated with attracting voluntary Income,
fundraising trading costs and Investment managemenl costs.
Expenditure on
charilable
activities
These comprise the costs Incurred by the Charity in the delivery of Its
activities and services In the furtherance of Ils objects, Including the
making of grants and govemance costs.
Grants payable
All grant expenditure Is accounted for on an actual paid basis plus an
accrual for grants that have been approved by the Irustees at the end of
the year but not yel paid
Governan￿ costs These include those cosls associated with meeting the constitutional and
slatulory requirements of the Charity. including any auditlindependent
examination fees, costs linked lo the strategic management of the
Charity, togelher with a share of other adminislralion costs
Other expenditure These are support costs not allocated to a particular activity
Taxatlon
The charity is exempt from corporation tax on Its charitable acliwlies.
Tanglble fixed assets and d8preciatlon
Fixed Assets are capilalised If Ihey can be used for more than one year and cost at least £1,500.
They are valued at cost or, If gifted, al the value lo the charity on receipt. Depreciation is provided
at the following annual rates in order to write off each asset over ils estimated useful lrfe.
Motor Vehicles
20Yo Straight Line
Trade and other debtors
Trade and other debtors are recognised al the settlement amount due after any trade discount
offered Prepayments are valued al the 8mounl prepaid net of any trade discounts due.
Cash and cash equlvalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks
and other short-term highly liquid investments with original malurilies of three months or less
and bank overdrafts In the statemenl of financial position, bank overdrafts are shown wilhin
borrowings or current liabilities.
Trade and other creditors
Short-term credilors are measured al the transaction price Other creditors and provisions are
recognised where the charity has a present obligation resulting from a past event that will
probably result In the Iransfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably Creditors and provlsions are nomially
recognised at their settlement amount after allowing for any trade discounts due
Pag6111

THE ONE LOVE PROJECT
Notes to the Accounts
Pension costs
The charity operates a defined contribution plan for Its employees A defined contribution p18n
Is a pension plan under which Ihe company pays fixed contribulions Into a separate entity.
Once the conlributions have been paid the company has no further payments obligations The
contributions are recognised as expenses when Ihey fall due. Amounts not paid are shown in
accruals in Ihe balance sheet. The assets of the plan are held separately from the company in
Independently administered funds.
Receipt of donated goods, facilities and sèrvlces
All donated goods, facilities and services received are recognised within Incoming resources
and expenditure at an estimate of value to the charity
2 Company status
The company Is a private company limited by guarantee and conseqLtently does not have
share capilal
3 Statement of Financial Activities . prlor year
Unrestricted Restricted
funds
tunds
2023
2023
Total
funds
2023
Income and endowmonts from:
Donations and legacies
Other trading activities
Olher
41,437
52.152
424
108,264
149,701
52,152
424
94,013
108.264
202,277
Exponditure on:
Raising funds
Charitable aclivitles
Other
1.132
66,405
30,260
1,132
66,405
108,757
78,497
Total
97,797
78,497
176,294
Not income
(3,784)
61,975
29,767
{61,9751
25,983
Transfers between funds (note 111
Net Income before other gainsl(losses)
58,191
{32,208)
25.983
othor gains and losses:
Net movoment In funds
58,191
{32,208)
25,983
Reconciliation of funds:
Total funds broughl forward
Total funds carried forward
20,101
60,090
80,191
106,174
78,292
27,882
Page | 12

THE ONE LOVE PROJECT
Notes to the Ac¢ounts
4 Income from donalions and legacies
Unrestricted
Restricted
Total
2024
Total
2023
Gifts & Donations
Granls Received
11.399
99,432
110,831
11,399
170,206
181,605
43,750
105,951
149,701
70,774
70,774
S Income from other trading activities
Unrestricted
Total
Total
2024
2023
Fundraising activibes
58,032
58,032
58,032
58.032
52,152
52,152
6 Other income
Unrostricted
Total
2024
Total
2023
Sundry Income
421
421
421
421
424
424
7 Expenditure on raising funds
Unrestricted
Total
2024
Total
2023
Fundraising acfrvilies
10,157
10.157
10,157
10,157
1,132
1,132
Page | 13

THE ONE LOVE PROJECT
Notes to the Accounts
8 Expenditure on charltable actlvltles
Unrestricted Restricted
Total
2024
Total
2023
Expendilure on charilable aclivilies
Adventure Island
Food Bank
Soup kitchen costs
Referral costs
21,425
13,563
13,230
15,274
18.403
9,578
1,110
500
3,796
776
19,179
11,927
4,160
500
2,349
3.050
Gifts & donations
Sundry costs
Governance costs
3,796
2.913
Legal & Professional fees
Other expenditure
Staff and related costs
Advertising & Publicity
Property costs
Security costs
General administrative costs
12,202
12.202
1,072
30,015
17,054
6,892
10,724
9,916
950
39,688
69,703
17,054
7,333
10,724
9,916
950
81,432
5,491
4,616
7,935
7,261
950
441
Independent examiner fees
121,140
46,304
167.444
140,191
9 Net income before transfers
2024
2023
This is slated after charging
Depreciation of owned fixed assets
2,200
2,200
10 Staff costs
No employee received emoluments In excess of £60,000.
11 Prior year adjustment
Brought fomard reslricled funds of £62,190 have been reclassified as designated funds due lo
Incorrect classification in the prior year financial statements This has resulted in an Increase
In designaled funds of £62,190 and a reduction In restricted funds of £62.190.
12 Exceptlonal item
During the year, the CIC paid exceptional legal fees of £5,360 in relation lo a dispute with a
former employee This Is shown within Legal & profession81 fees in note 8. The matter has
been resolved and closed before the date of these financial slalements.
Page | 14

THE ONE LOVE PROJECT
Notes to the Accounts
13 Tangible fixed assets
Office
Equipment
Motor
Vèhicles
Total
Cost or revaluation
At 1 June 2023
At 31 May 2024
11.000
11.000
11,000
11,000
Depreciation and impairnwit
At 1 June 2023
Depreciation charge for the
year
At 31 May 2024
Nel book values
At 31 May 2024
At 31 May 2023
6,600
6,600
2,200
2,200
8,800
8,800
2.200
4,400
2,200
4.400
14 Debtors
2024
2023
Prepayments and accrued income
1.467
1.467
15 Creditors:
Amounts falling due within one year
2024
2023
Trade creditors
Olher taxes and So￿al security
Other creditors
Accruals
1.980
2,098
175
949
5,202
950
950
Page115

THE ONE LOVE PROJECT
Notes to the Accounts
16 Movement in funds
Incoming
resources
(In¢ludlng
other
gainsllosses)
At1
Junè
2023
Resources
Gross
èxpended transfers
At31
May
2024
Restricted funds:
Rostricted income fund$.'
SEF Fund
Michael Barnard Fund
AdminlBookkeeping Fund
NHS Fund
Aldi School Lunches Fund
Slaff Fund-Kitchen
Wellbeing Wednesday
Fund
CRM
Little love baby bank
Treat the feel
Cadent -wam space
Baby formula fund
Rosca soup kitchen
Total
3,074
550
2,310
900
14,148
(3,0501
(1,4501
(9,663)
(15,3821
(744)
(4,1681
14421
2,334
4,485
3,788
176
19,170
920
4,168
1,106
664
4,700
14,580
12,780
15,000
250
5,000
70,774
(2,231)
(4,255)
(2,539)
2,469
10,325
10,241
15,000
218
2,652
52,352
(32)
(2,348)
146,304)
27,882
Unrestricted funds:
General funds:
16,102
95,339
(105,785)
5,656
Designated funds:
National Lottery
Wilmington
Kitchen Revamp Fund
Reserves Fund
Water Appeal Fund
Gala Dinner
Xrnas 2023
36,584
24,339
36,584
24,339
1,336
60,837
17
(1,3361
(11,025)
(17)
{9,805}
13,329)
(25.512}
188
50,000
9,505
3,329
73,945
(300>
110,623
Total
78,292
189,284
(131,297)
116,279
The restricted funds held are wholly represented by the CIO'S cash reserves and are lo be
expended as specified above
Page116

THE ONE LOVE PROJECT
Notes to thè Accounts
17 Staff costs and numbers
Total
Total
2023124
2022123
Gross Wages. Salaries & Fees
Employer's National Insurance Costs
Pension Contributsons
66,927
2,423
150
73.986
5.022
69,500
79.008
Employees who were engaged In each of the following
aclivitses
Total
2023124
Total
2022123
Charitable Aclivities
The Charity operates a PAYE scheme to pay all members of employed staff The charity also
engages with slaff on a Self-employed basis and Is therefore nol liable to Income Tax and
National Insurance Costs for Self*mployed members of staff and no employees received
emoluments in excess of £60,000 (2022123.. NIL).
18 Risk assèssment
The Trustees actively review the major risks which the charity faces on a regular basis and
believe that maintaining the free reseNes staled, combined with the annual review of Ihe
controls over key financial systems carried out on an annu81 basis will provide sufficient
resources in the event of adverse conditions. The Trustees have also examined olher
operational and business risks which they face and confim that they have established systems
lo mitigate the significant risks
19 Reserrfes policy
The Trustees have considered the level of reserves Ihey 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 lo ensur8 the CIO will be able lo continue to fulfil its charitable objectives even If
Ihere Is a temporary shortfall In income or unexpected expenditure The Trustees will endeavor
not lo set aside funds unnecessarily.
Page117

THE ONE LOVE PROJECT
Notes to the Accounts
20 Trustees and other related parties
During the financial period, Trustee Hollie Wells received £11,651 in staff costs in her capacity
as Interim Operations Manager.
No other payments were made to trustees or any persons connected with them during this
financial period. No other material transaction look place between the organisalion and a
trustee or any person connected with them.
21 Analysis of net assets bètween funds
Unrestricted Restricted
funds
funds
Total
Fixed assets
Nel current assets
2,200
114.079
2,200
166,431
52.352
22 Reconclllatlon of not dgbt
At 1 June
Cash At 31 May
Flow
2024
2023
Cash and cash equivalents
102,724
102.724
67,442
67.442
170,266
170,166
Net debt
23 Related party disclosure$
Controlling party
Th8 company Is limited by guarantee and has no share capital, thus, no single party controls
Ihe company.
24 Publlc benefit
The CIO acknowledges Its requirement to demonstrale 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 Ihe
Charity Commission guidan￿ on public benefit before deciding what activities the CIO should
undertake.
Page118

THE ONE LOVE PROJECT
Detailed Statement of Financial Activities
for the year ended 31 May 2024
Unrestricted Restricted
funds
funds Total funds Total funds
2024
2024
2024
2023
Income and endowments from:
Donations and legacies
Gifts & Donations
Grants Received
11,398
99.433
110,831
11,398
170,207
181,605
43,750
105,951
149,701
70.774
70.774
Other trading activities
Fundraising activities
58,032
58,032
58,032
58,032
52,152
52,152
Other
Sundry Income
421
421
424
424
421
421
Total income and endowments
169,284
70,774
240,058
202.277
Expenditure on:
Costs of other trading activities
Fundraising activities
10,157
10,157
10,157
10,157
10,157
10,157
1,132
1,132
Total expenditure on ralsing funds
Charitable activities
Food Bank
Soup kitchen costs
Referral costs
Gifts & donations
Sundry Costs
Adventure Island
1,132
18,403
9,578
1,110
500
3,796
776
2,349
3,050
19,179
11,927
4,180
500
3,796
13,563
13,230
15,274
2,911
21,425
66,405
33,387
6,175
39,562
Governance costs
Legal & Professional fees
12.202
12,202
12,202
12,202
1,072
1,072
Page | 19

THE ONE LOVE PROJECT
Detailed Statemenl of Financial Activlties
Total expenditure on charitable
activities
Employee costs
Staff costs
Staff training
29,812
203
30,015
39,688
69,500
203
69,703
79,008
2,424
81,432
39,688
Motor and travel cosls
Motor running costs
Travel and subsislen
190
481
671
190
481
671
General adminislr8tive costs,
Including depreciation & amortisalion
Advertising & publi¢ity
Bank charges
Depreciation of Motor Vehicles
Insurance
Repairs & maintenance
Security costs
Slalionery and printing
Subcontractors
Subscriptions
Sundry expenses
Telephone, fax and broadband
17,054
22
2,200
800
6,092
10,724
140
569
3,028
2,082
1,204
43,915
17,054
22
2,200
800
6,533
10,724
140
569
3,028
2,082
1,204
44.356
5,491
169
2,200
1,476
3,140
7,935
889
441
1,899
1,618
24.817
441
Legal and professional costs
Independent examination fees
950
950
950
950
950
Total expenditure of other Costs
Total expendlture
Net gains on investments
75,551
40,129
115.680
107.685
131,297
46,304
177,601
176,294
Not Income
37,987
24,470
62,457
25,983
Transfers between funds
Net income bofore other gainsl(losses)
Other Gains
37,987
24,470
62,457
25,983
Net movement in funds
37,987
24,470
62,457
25,983
Reconciliation of funds:
Total funds broughl foNard
78,292
27,882
106,174
80,191
Total funds carried forward
116,279
52,352
168,631
106,174
Page | 20