Charity registration number: 1189782
**THE ONE LOVE PROJECT TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025**
Hancock & Hastings Limited
**The One Love Project Contents**
||**Page**|
|---|---|
|Trustees' Report|1—3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Comparative Statement of Financial Activities|6|
|Statement of Financial Position|7|
|Notes to the Financial Statements|8—15|
**The One Love Project Trustees' Report For The Year Ended 31 May 2025**
The trustees present their report and the financial statements for the year ended 31 May 2025.
## **Objectives and Activities**
## **Aims and Objectives**
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-health, disability and financial hardship, in particular but not exclusively amongst homeless people as well as individuals and families facing food and fuel poverty in Southend On Sea and surrounding areas by the provision of advice, assistance and sign posting services, food, clothing and a safe space.
The One Love Project provides its services from its base in the heart of Southend on Sea. The services provided are non-referral, non-judgmental, and the charity is committed to providing a safe respectful environment to every individual. No person is excluded due to geography, background, abilities, identity or religion. If any person needs our services and can attend our operational base, then they are welcome to attend.
The One Love Project continues to deliver its core facilities providing three evening services per week (over two evenings) one dedicated to women only, and two mixed services, as well as a weekly nonreferral foodbank service and weekly wellbeing sessions. During these services, full wraparound support is provided including a hot nutritious meal, hot shower facilities, clothing, access to mental and physical health practitioners. Our approach is welcoming and friendly, offering a safe, non-judgmental space, which is well supported by professional services and volunteers.
All services are delivered applying Trauma Informed Principles, in 2025 the charity became a member of the South East Essex Trauma Alliance. Numbers to the services provided have remained high and The One Love Project continues to review how it can engage with as many of those in need as possible.
One of the main focuses starting in 2024/2025 was to extend and strengthen the partnership working and collaboration within the other local statutory and non-statutory providers.
During the calendar year 2025 close to 1,000 adults and children were registered to use the charities services. The evening food service provided over 16,000 hot meals, with 10,000 foodbank parcels provided via the foodbanks and c.2,000 clothing items were distributed. The wellbeing sessions provided over 400 interactions.
All of the funding for The One Love Project is obtained via donations and grant applications. During the period of June 24 to May 25 the charity secured restricted funding to the value of £35,305. The charity has extended it employees to 4 FTE, this has been achieved by securing funding for key roles to enable the charity to extend its services, extend and strengthen it volunteer base and delivery its core services.
## **Public Benefit**
The Trustees pay due respect to the guidance provided by the Charities Commission when deciding on the activities of the Charity. This is demonstrated by the diverse range of services provided by the charity across a broad demographic whilst maintaining the objectives as detailed by the Charities Commission.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Contributions made by volunteers**
The One Love Project currently has 100 registered volunteers, who provide 80% of the operational resources.
Our volunteers contribute and help run our services throughout the week, which vary from donation sorting, food/ donation collections, events, cooking and prepping meals and running both the evening services and food bank services.
All volunteers are offered a varied range of appropriate training 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 better community.
## **Financial Review**
## **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.
Page 1
**The One Love Project Trustees' Report (continued) For The Year Ended 31 May 2025**
## **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 the charity faces and confirm that they have established systems to mitigate the significant risks.
## **Structure, Governance and Management**
## **Governing Document**
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 services. All applications are via a standardised application form and full interview process. In addition to the change of trustees in Feb 2025, the board are looking to increase trustee numbers, to further broaden the experience.
## **Organisational structure**
The Chief Executive Officer is responsible for the day-to-day running of all aspects of the charity and works closely with the chair of trustees.
As the charity has developed and diversified to meet the needs within the local community, additional time has been spent firming the infrastructure of the charity.
The trustees and senior team at the charity have invested in developing a strategy plan for growth and longevity, to support unmet needs within Southend on Sea City and surrounding areas. Further evolution of this will continue over the coming months. The Chief Executive Officer will work closely with the trustees to deliver the strategy to the wider community as well as the volunteer base.
## **Reference and Administrative Details**
## **Trustees**
S Yavuz T Cansdale (appointed 17/02/2025) J Brittain J Ellis (resigned 17/02/2025)
**Charity Number** 1189782
**Principal Address** Hollybrook Carnarvon Road Southend-on-sea SS2 6LR
## **Independent Examiner**
Amy Hancock ACCA Hancock & Hastings Limited ACCA Office 2,Ashton Square Buisness Centre 22 Ashton Square Dunstable Bedfordshire LU6 3SN
Page 2
**The One Love Project Trustees' Report (continued) For The Year Ended 31 May 2025**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the board of trustees and signed on its behalf by:
## Sharon Yavuz
Sharon Yavuz (Apr 24, 2026 12:56:32 GMT+1)
S Yavuz Trustee 22/04/2026
Page 3
**The One Love Project Independent Examiner's Report to the Trustees of The One Love Project For The Year Ended 31 May 2025**
I report to the trustees on my examination of the accounts of The One Love Project (the Trust) for the year ended 31 May 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act; 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 the 2006 Act other than any requirement that the financial statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Amy Hancock ACCA 22/04/2026 Office 2,Ashton Square Buisness Centre 22 Ashton Square Dunstable Bedfordshire LU6 3SN
Page 4
**The One Love Project Statement of Financial Activities For The Year Ended 31 May 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other trading activities
**4**
Other
**EXPENDITURE ON:**
Raising funds
**6**
Charitable activities
**6**
NET (EXPENDITURE)/INCOME
NET MOVEMENT IN FUNDS
**RECONCILIATION OF FUNDS:**
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
**15**|**Unrestricted**
**funds**
**£**
49,192
33,267
671|**Restricted**
**funds**
**£**
35,303
-
-|**2025**
**Total funds**
**£**
84,495
33,267
671|**2024**
**Total funds**
**£**
181,605
58,032
421|
|---|---|---|---|---|
||83,130|35,303|118,433|240,058|
||(7,613 )
(130,277 )|2
(64,863 )|(7,611 )
(195,140 )|(10,157 )
(167,444 )|
||(137,890 )|(64,861 )|(202,751 )|(177,601 )|
||(54,760 )|(29,558 )|(84,318 )|62,457|
||(54,760 )
116,279|(29,558 )
52,352|(84,318 )
168,631|62,457
106,174|
||61,519|22,794|84,313|168,631|
The notes on pages 8 to 15 form part of these financial statements.
Page 5
**The One Love Project Comparative Statement of Financial Activities For The Year Ended 31 May 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other trading activities
**4**
Other
**EXPENDITURE ON:**
Raising funds
**6**
Charitable activities
**6**
NET INCOME
NET MOVEMENT IN FUNDS
**RECONCILIATION OF FUNDS:**
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
**15**|**Unrestricted**
**funds**
**£**
110,831
58,032
421|**Restricted**
**funds**
**£**
70,774
-
-|**2024**
**Total funds**
**£**
181,605
58,032
421|
|---|---|---|---|
||169,284|70,774|240,058|
||(10,157 )
(121,140 )|-
(46,304 )|(10,157 )
(167,444 )|
||(131,297 )|(46,304 )|(177,601 )|
||37,987|24,470|62,457|
||37,987
78,292|24,470
27,882|62,457
106,174|
||116,279|52,352|168,631|
The notes on pages 8 to 15 form part of these financial statements.
Page 6
**The One Love Project Statement of Financial Position As At 31 May 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**10**
**CURRENT ASSETS**
Debtors
**11**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**12**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
TOTAL FUNDS
**15**
On behalf of the board|**Unrestricted**
**funds**
**£**
-|**Restricted**
**funds**
**£**
-|**2025**
**Total funds**
**£**
-|**2024**
**Total funds**
**£**
2,200|
|---|---|---|---|---|
||-
4,673
63,216|-
-
22,793|-
4,673
86,009|2,200
1,467
170,166|
||67,889
**(6,370 )**|22,793
**1**|90,682
**(6,369 )**|171,633
**(5,202 )**|
||**61,519**|**22,794**|**84,313**|**166,431**|
||**61,519**|**22,794**|**84,313**|**168,631**|
||**61,519**|**22,794**|**84,313**|**168,631**|
||||22,794
61,519|52,352
116,279|
||||84,313|168,631|
||||||
## Sharon Yavuz
Sharon Yavuz (Apr 24, 2026 12:56:32 GMT+1)
S Yavuz Trustee 22/04/2026
The notes on pages 8 to 15 form part of these financial statements.
Page 7
**The One Love Project Notes to the Financial Statements For The Year Ended 31 May 2025**
## **1. General Information**
The One Love Project is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1189782 . The principal address is Hollybrook, Carnarvon Road, Southend-on-sea, SS2 6LR.
## **2. Accounting Policies**
## **2.1. Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## **2.2. Going Concern Disclosure**
The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charity's ability to continue as a going concern.
## **2.3. Significant judgements and estimations**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **2.4. Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2.5. Incoming Resources**
Income Recognition of income - Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient 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 tax reclaims is included in the SOFA at the same time as the gift/donation to which it relates.
Donated services and facilities - These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help accounts - The value of any volunteer help received is not included in the accounts.
Gains/(losses) on revaluation of fixed assets - This includes any gain or loss resulting from revaluing investments to market value at the end of the year.
Page 8
**The One Love Project Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
## **2.6. Resources Expended**
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 it relates.
Expenditure on raising funds - These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.
Expenditure on charitable activities - These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance 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 trustees at the end of the year but not yet paid.
Governance costs - These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure - These are support costs not allocated to a particular activity.
## **2.7. Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% Straight Line
## **2.8. Cash and Cash Equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short term highly liquid investments with original maturities of three months or less, and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.
## **2.9. Financial Instruments**
The charity holds only basic financial instruments. Financial assets and liabilities are recognised at the amount receivable or payable. There are no complex financial instruments.
## **2.10. Taxation**
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
## **2.11. Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## **3. Income from Donations and Legacies**
|Donations and gifts
Grants|**Unrestricted**
**funds**
**£**
28,594
20,598|**Restricted**
**funds**
**£**
-
35,303|**2025**
**Total**
**funds**
**£**
28,594
55,901|
|---|---|---|---|
||49,192|35,303|84,495|
Page 9
**The One Love Project Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
|Donations and gifts
Grants
**4.** **Income from Other Trading Activities**
Fundraising events
**5.** **Net Income/(Expenditure)**
The net (expenditure)/income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
**6.** **Analysis of Expenditure**
Raising funds
Soup Kitchen
Food Bank
Wellbeing & Health Support Services
Distribution of Essentials
Outreach, Referral & Community|**2024**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**£**
**£**
**£**
11,398
-
11,398
99,433
70,774
170,207
110,831
70,774
181,605
**2025**
**2024**
**Unrestricted funds Unrestricted funds**
**£**
**£**
33,267
58,032
**2025**
**2024**
**£**
**£**
2,200
2,200
**2025**
**Activities**
**undertaken**
**directly**
**Support costs**
(see note7)
**Total**
**£**
**£**
**£**
7,611
-
7,611
-
127,942
127,942
-
18,363
18,363
-
7,285
7,285
-
14,424
14,424
-
27,126
27,126
7,611
195,140
202,751|**Unrestricted**
**funds**
**£**
11,398
99,433|**Unrestricted**
**funds**
**£**
11,398
99,433|**Unrestricted**
**funds**
**£**
11,398
99,433|**Restricted**
**funds**
**£**
-
70,774|**Restricted**
**funds**
**£**
-
70,774|**2024**
**Total**
**funds**
**£**
11,398
170,207|
|---|---|---|---|---|---|---|---|
||||110,831|||70,774|181,605|
||||**2025**
**Unrestricted funds **
**£**
33,267|||||
|||||**2025**
**£**
2,200||||
|||||**Support costs**
(see note7)
**£**
-
127,942
18,363
7,285
14,424
27,126||||
||7,611|||195,140||||
Page 10
**The One Love Project Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
|Raising funds
Soup Kitchen
Food Bank
Wellbeing & Health Support Services
Outreach, Referral & Community|**Activities**
**undertaken**
**directly**
**£**
10,157
-
-
-
-|**Support costs**
(see note7)
**£**
-
103,975
19,179
442
43,848|**2024**
**Total**
**£**
10,157
103,975
19,179
442
43,848|
|---|---|---|---|
||10,157|167,444|177,601|
## **7. Support Costs**
|Employee and subcontractor costs
General administration
Depreciation
Interest payable
Governance costs
Employee and subcontractor costs
Premises expenses
General administration
Depreciation
Interest payable
Governance costs|**Soup Kitchen**
**£**
88,269
28,030
2,200
76
9,367|**Food Bank**
**£**
-
18,363
-
-
-|**Wellbeing &**
**Health Support**
**Services**
**£**
6,692
593
-
-
-|
**Distribution of**
**Essentials**
**£**
7,146
7,278
-
-
-|**Outreach,**
**Referral &**
**Community**
**£**
21,680
5,446
-
-
-|**2025**
**Total**
**£**
123,787
59,710
2,200
76
9,367|
|---|---|---|---|---|---|---|
||127,942|18,363|7,285|14,424|27,126|195,140|
|||**Soup Kitchen**
**£**
30,862
10,724
47,015
2,200
22
13,152|**Food Bank**
**£**
-
-
19,179
-
-
-|**Wellbeing &**
**Health Support**
**Services**
**£**
-
-
442
-
-
-|
**Outreach,**
**Referral &**
**Community**
**£**
39,688
-
4,160
-
-
-|**2024**
**Total**
**£**
70,550
10,724
70,796
2,200
22
13,152|
|||103,975|19,179|442|43,848|167,444|
Page 11
**The One Love Project Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
## **8. Staff Costs**
Staff costs were as follows:
|**.** **Staff Costs**
taff costs were as follows:|||
|---|---|---|
|Wages and salaries
Social security costs
Other pension costs|**2025**
**£**
106,686
(7,324 )
1,786
101,148|**2024**
**£**
69,500
-
-|
|||69,500|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
## **9. Average Number of Employees**
Average number of employees during the year was: 7 (2024: 4)
## **10. Tangible Assets**
|**Cost**
As at 1 June 2024
As at 31 May 2025
**Depreciation**
As at 1 June 2024
Provided during the period
As at 31 May 2025
**Net Book Value**
As at 31 May 2025
As at 1 June 2024
**11.** **Debtors**
**Due within one year**
Other debtors
**12.** **Creditors: Amounts Falling Due Within One Year**
Trade creditors
Other creditors
Taxation and social security
Accruals and deferred income|**2025**
**£**
4,673
**2025**
**£**
5,028
391
-
950
6,369|**Motor Vehicles**
**£**
11,000|
|---|---|---|
|||11,000|
|||8,800
2,200|
|||11,000|
|||-|
|||2,200|
|||**2024**
**£**
1,467|
|||**2024**
**£**
1,979
175
2,098
950|
|||5,202|
Page 12
**The One Love Project Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
## **14. Pension Commitments**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £1,786 (2024: £0).
At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.
## **15. Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
Designated:
National Lottery
Wilmington
Reserves Fund
Gala Dinner
**Total unrestricted funds**
**Restricted funds**
SEF Fund
Admin/Bookkeeping Fund
NHS Fund
Aldi School Lunches Fund
Wellbeing Wednesday Fund
CRM
Little love baby bank
Treat the feet
Cadent -Warm space
Baby formula fund
Rosca soup kitchen
DRUG AND ALCOHOL
FSJ TRUST
ESSEX COMMUNITY FUND - COOK
**Total restricted funds**
**Total funds**|**As at 1 June**
**2024**
**£**
5,656
36,584
24,339
50,000
(300)|**Income**
**£**
58,780
-
-
24,050
300|**Expenditure**
**£**
(65,182 )
(36,584)
(24,339)
(11,785)
-|**As at 31 May**
**2025**
**£**
(746 )
-
-
62,265
-|
|---|---|---|---|---|
||110,623|24,350|(72,708 )|62,265|
||116,279|83,130|(137,890 )|61,519|
||2,334
4,485
3,788
176
664
2,469
10,325
10,241
15,000
218
2,652
-
-
-|-
-
-
-
-
-
-
-
14,999
-
-
6,350
3,554
10,400|(2,334)
(4,485)
(3,569)
(176)
(138)
(2,259)
(7,954)
(6,340)
(21,679)
(125)
(2,652)
(4,470)
(3,195)
(5,485)|-
-
219
-
526
210
2,371
3,901
8,320
93
-
1,880
359
4,915|
||52,352|35,303|(64,861 )|22,794|
||||||
||168,631|118,433|(202,751 )|84,313|
Page 13
**The One Love Project Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
|**Unrestricted funds**
General:
General unrestricted fund
Designated:
Kitchen Revamp Fund
National Lottery
Wilmington
Reserves Fund
Water Appeal Fund
Gala Dinner
**Total unrestricted funds**
**Restricted funds**
SEF Fund
Michael Barnard Fund
Admin/Bookkeeping Fund
NHS Fund
Aldi School Lunches Fund
Staff Fund-Kitchen
Wellbeing Wednesday Fund
CRM
Little love baby bank
Treat the feet
Cadent -Warm space
Baby formula fund
Rosca soup kitchen
**Total restricted funds**
**Total funds**|**As at 1 June**
**2023**
**£**
16,102
1,336
-
-
60,837
17
-|**Income**
**£**
169,284
-
-
-
-
-
-|**Expenditure**
**£**
(179,730 )
(1,336)
36,584
24,339
(10,837)
(17)
(300)|**As at 31 May**
**2024**
**£**
5,656
-
36,584
24,339
50,000
-
(300)|
|---|---|---|---|---|
||62,190|-|48,433|110,623|
||78,292|169,284|(131,297 )|116,279|
||3,074
550
-
19,170
920
4,168
-
-
-
-
-
-
-|2,310
900
14,148
-
-
-
1,106
4,700
14,580
12,780
15,000
250
5,000|(3,050)
(1,450)
(9,663)
(15,382)
(744)
(4,168)
(442)
(2,231)
(4,255)
(2,539)
-
(32)
(2,348)|2,334
-
4,485
3,788
176
-
664
2,469
10,325
10,241
15,000
218
2,652|
||27,882|70,774|(46,304 )|52,352|
||||||
||106,174|240,058|(177,601 )|168,631|
## **16. Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
Other Expenses
|**2025**||**2024**||
|---|---|---|---|
|**£**||**£**||
||744||-|
Page 14
**The One Love Project Notes to the Financial Statements (continued) For The Year Ended 31 May 2025**
## **17. Related Party Disclosures**
There have been no related party transactions in the reporting period that require disclosure, except for those disclosed in the Transactions with Trustees note.
Page 15
## FS_TheOneLoveProject_31052025
Final Audit Report
2026-04-24
Created: 2026-04-24 By: Amy Hancock (amy@hancockandhastings.co.uk) Status: Signed Transaction ID: CBJCHBCAABAABzu--BveX4tuIPQpx2grSdZD7ixQe1xM
## "FS_TheOneLoveProject_31052025" History
Document created by Amy Hancock (amy@hancockandhastings.co.uk) 2026-04-24 - 11:54:59 AM GMT
Document emailed to Sharon Yavuz (sharon@theoneloveproject.co.uk) for signature 2026-04-24 - 11:55:04 AM GMT
Email viewed by Sharon Yavuz (sharon@theoneloveproject.co.uk) 2026-04-24 - 11:55:09 AM GMT
Document e-signed by Sharon Yavuz (sharon@theoneloveproject.co.uk) Signature Date: 2026-04-24 - 11:56:32 AM GMT - Time Source: server
Agreement completed.
2026-04-24 - 11:56:32 AM GMT