2024-05-10-accounts - Under One Sky CIO

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UNDER ONE SKY (CIO)

REGISTERED CHARITY NUMBER: 1198901

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 10 MAY 2024

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Contents of the Report and Accounts

	Page
Legal and Administrative Information	3
Trustees’ Report	4-11
Independent Examiners Report	12
Statement of Financial Activities	13
Balance Sheet	14
Notes to the Accounts	16

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Reference and administrative details

for the year ended 10 May 2024

Charity name: Under One Sky CIO Company registration number: CE028773 Charity registration number: 1190570 Registered office and principal 71-75 Shelton Street address: London WC2H9JQ Directors/Trustees Julia Lalla-Maharajh OBE (Chair) Sara Carnegie (Safeguarding Lead) Anita Hughes Campbell (Treasurer) Shazi Singh Amrit Singh Maan OBE Secretary and Principal Staff Mikkel Juel Iversen (Lead Advisor)

Independent Examiner Saher Khan 26 Landseer Road Hove BN3 7AF Bankers Barclays Bank 1 Churchill Place London E15 5HP

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Directors/Trustees’ Report

The Trustees are pleased to present their report and the independently examined financial statements of Under One Sky CIO for the year ended 10 May 2024.

1. Objectives and activities

When planning the activities for the year the trustees have considered the Commission’s guidance on public benefit.

1.1. Summary of the purposes of the charity

Under One Sky’s mission is to relieve the needs of persons who are in need due to being homeless or having recently been made homeless, in particular but not exclusively by:

a) Providing such persons with food, care, accommodation or other assistance.
b) Educating such persons to develop their capacities so that they may find employment and otherwise integrate into society.
c) To inform and educate the public on issues concerning homelessness.

1.2. Summary of the main activities in relation to those purposes for the public benefit

The charity organises its activities along 3 pillars.

1) Change society’s relationship with homelessness: Our focus is on evolving the homelessness

narrative to focus more on the causes of homelessness, the human cost of homelessness and ways for society to make a positive impact. Our channels to achieve this includes education of others, including volunteers/corporate partners, public speaking events and reporting on social media.

2) Build and activate community-based solutions: The charity facilitates this by empowering communities to take action. In addition to the hundreds of volunteers involved in the charity, Under One Sky also actively engages companies, educational institutions and adjacent sector organisations in our work.

3) Changing lives: Our engagement on the street is constant and personal. Through our friendship approach with those we support, they develop a sense of both safety and connection. These are critical for individuals to empower themselves to take positive steps related to their life’s purpose.

Under One Sky’s core activity is street outreach where its teams of volunteers provide human connection, food, drinks, clothing, toiletries, mobile phones and other life necessities. The charity also

sponsors additional services where there is a specific need such as wheelchairs, glasses, transportation for people to end their homelessness by reconnecting with family and friends.

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In cases where Under One Sky’s teams come across individuals who are considered very vulnerable e.g. age related (young people/elderly) and health related (awaiting surgery, discharged prematurely, pregnancies) the charity provides emergency accommodation until a suitable next step has been arranged.

In the last year the charity operated in 7 areas of London plus Newcastle and Durham. It delivered close to 600 outreach events. Each event involves a team of 4-5 people providing support in a specific geographical area. As a result the charity delivered 2,000 volunteer engagements on the front line (600 outreach events x 4.5 volunteers per event team).

2. Achievements and performance

In the past year the charity has delivered close to 30,000 connections with people affected by homelessness. Each connection consists of both a moment of personal connection between the person being offered support and the Under One Sky team and an offer of life essential supplies. Our teams usually count 4-5 people which means each connection delivers 4-5 human interactions between team members and the person being supported. Therefore 30,000 connections equate to 135,000 human interactions.

The charity delivered approximately 600 outreach events. The average number of people supported per event is 50 persons (30,000 interactions divided by 600 events).

In the year of reporting our teams provided 600,000 essential items of supplies (food, drink, clothing, toiletries and other essentials) to vulnerable people on the streets.

A hallmark of our service is reliability. The charity operates a weekly fixed rota of outreach events and cancellations are a rarity. Everyone involved in our work understands that consistency and compassion build trusting relationships with people who have lived lives full of broken promises.

For similar reasons Under One Sky increases its service levels during periods where other homeless sector services tend to reduce levels such as the Christmas period, the summer holiday period and specific to this year, the King’s Coronation.

In the past year the charity expanded its reach by establishing one new area: Newcastle in collaboration with Newcastle University.

Educating the coming generations is a key priority for Under One Sky. Over the last year we have actively engaged pupils from Alleyn’s School, London Academy of Excellence Tottenham, London Screen Academy, Parsons Green Prep and Surbiton High in our activities. Equally we have engaged a significant number of corporations and involved their employees directly on the front line.

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The key strength of Under One Sky’s work lies in the thousands of conversations with people affected by homelessness. Through those the Under One Sky teams develop a sense of safety and connection for those individuals. They also help uncover further ways Under One Sky can assist (or should assist where safeguarding is an issue) those individuals. This involves providing emergency shelter, connecting to prospective employers and facilitating reconnection with family/friends by sponsoring transportation both in the UK and abroad. Under One Sky’s deep international volunteer base enables us to communicate with most people on the streets in their local language, where beneficial.

In terms of the benefits to our volunteers, whether they are individuals, corporate organisations or other charity partners, these are manifold. We check in with the well-being of volunteers before and after every outreach event and we know from this that each volunteer often reports positivity and connection following their interactions. Taking part in our outreach events improves volunteers’ mood by 18% according to our data. We also hold regular feedback sessions with our volunteer team leaders so that we are learning and adjusting continuously. All of our volunteers are connected on WhatsApp groups which provide everyone with a sense of purpose and community. Corporate feedback is also powerful, showing that different organisations want to find a way to address homelessness and be part of solutions, but have rarely found a way to interact. Similarly, our fellow charity partners find us accessible, innovative and reliable.

Together with Hope Film Ltd we launched the feature documentary I’M STILL HERE (co-produced by Under One Sky) in UK cinemas. The film is a key asset supporting our aim to change society’s relationship with homelessness. Most screenings were followed by a panel discussion enabling us to bring education and insights to audiences. The launch was supported by NBCUniversal and celebrities Elizabeth McGovern, Harris Dickinson, Mick Jagger among others. The launch resulted in media coverage, new volunteers and donations.

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3. Financial review

3.1. Review of the charity’s financial position at the end of the period

Note these accounts have been prepared using accruals accounting (SORP FRS 102) while the previous year’s accounts were prepared using the Receipts and Payments method. All comparisons to previous year’s figures in this annual report and our accounts are based on prior year figures restated to accruals accounting basis.

Given the change in accounts basis, donated goods, facilities and services are valued and included in the accounts. In the previous year’s accounts such donations in kind were dealt with in a note and not included in the figures reported.

Per our accounts, total income for the year was £370,186 which was made up of: Donations & Legacies £365,191 (£53,116 restricted), Charitable Activities £1,000 and Other Trading Activities £3,995. Our income grew +70% year on year. Financial contributions (£268,892) grew by 107% and donations (£101,295) in kind grew by 15%.

Total costs amounted to £321,819 from: Raising Funds (£42,491) Charitable Activities (£268,792) and Other (£10,536). Our costs increased by 27% year on year. Financial costs (£220,524) grew by 33% and donations (£101,295) in kind grew by 15%.

We ended the year with a net result of £48,367 after posting a deficit (-£36,480) in the previous financial year.

At the start of the year (11 May 2023) the charity had £13,130 in Net Assets and closed the year with £60,297 in Net Assets. Our Cash at Bank and In Hand increased from £29,335 (£750 restricted) to £46,948 (all unrestricted).

Short-term liabilities (due within 12 months) closed at £8,060 down from a closing balance of £37,233 in the previous financial year.

3.2. Reserves policy

Under One Sky has a reserves policy which has outlined two levels for funds: ideal reserves (£15,500) and crucial reserves (£4,500). Crucial reserves equate to one month of operation at a reduced level of service.

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3.3. Principal risks facing the charity

Given this is Under One Sky’s second year of operating as a charity the key challenge for the charity is establishing a sizable, reliable and diversified income stream to uphold and grow its current service levels in the face of the growing issue of homelessness in London which has been exacerbated by the cost of living crisis. Official statistics show that homelessness in the capital grew by approximately 20%. Under One Sky’s internal service figures align with the official statistics. In addition to the increase in service demand, costs are also increasing due to the high rate of inflation.

The charity operates with low fixed costs partly due to the fact it doesn’t occupy office space and has many volunteers and in-kind support. As a result, Under One Sky is well positioned to react and absorb adverse financial impacts from the current uncertain economic conditions.

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4. Structure, governance and management

4.1. Governing document and constitution

Under One Sky is a Charitable Incorporated Organisation, governed by its Constitution, registered in England & Wales.

4.2. Trustee selection methods including details of any constitutional provision

Trustees are appointed for a term of three years by resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

4.3 . Board structure and management

During the reporting period the board of trustees consisted of Julia Lalla-Maharajah OBE (Chair), Sara Carnegie (Safeguarding) and Amrit Singh Maan OBE (Treasurer). Trustees and the lead advisor held four formal minuted board meetings in the year of reporting. In addition four informal meetings were held to support this united and coherent governance team.

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6. Responsibilities of the Trustees

The Trustees are responsible for preparing the Trustees' report and financial statements in accordance with applicable law and regulations.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with company law, the charity's governing document, the Charities Act 2011 and 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.

Company law requires Trustees to prepare financial statements for each financial year giving a true and fair view of the charitable company's state of affairs at the end of the year and net income or expenditure for the year. In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent; and
prepare the financial statements on a going concern basis unless it is not appropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the charity's financial position and enable them to ensure compliance with the Companies Act 2006. They are also responsible for safeguarding the charity's assets and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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7. Independent Examiner

Trustees appointed Saher Khan as the charity’s Independent Examiner.

Approved by the Board of Trustees on 10/03/25 and signed on their behalf by:

Name: Julia Lalla-Maharajh OBE Role: Chair Signature:

Name: Anita Hughes Campbell Role: Treasurer Signature:

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Independent Examiner’s Report to the Directors/Trustees of Under One Sky CIO

for the year ended 10 May 2024

I report on my examination of the accounts of the charity for the year ended 10 May 2024, which are set out on page [12].

Respective responsibilities of Trustees and Examiner

As the charity's trustees, 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner’s Report

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Chartered Institute of Management Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of

accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

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.

Saher Khan Independent Examiner 26 Landseer Road

Hove BN3 7AF Date: 10/03/2025

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Statement of Financial Activities (Including an income and expenditure account)

for the year ended 10 May 2024

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Balance Sheet

as at 10 May 2024

Statement of assets and liabilities at the end of the period

For the financial year ended 10 May 2024, the charity was entitled to an exemption from audit under section 144 of the Charities Act 2011. The trustees confirm that no notice requiring an audit has been received from the Charity Commission or its members in accordance with the Act. The trustees acknowledge their responsibilities for ensuring that the charity keeps proper accounting records and

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prepares financial statements that comply with applicable law and regulations. These accounts have been prepared in accordance with the Charities Act 2011 and the Charities SORP (FRS 102).

Approved by the Trustees on 10/03/2025 and signed on their behalf by:

Name: Julia Lalla-Maharajh OBE Role: Chair Signature:

Name: Anita Hughes Campbell Role: Treasurer Signature:

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Notes to the Accounts for the year ended 10 May 2024

Note 1: Basis of preparation and assessment of going concern

The financial statements have been prepared in accordance with:

The Charities Act 2011
The Charities (Accounts and Reports) Regulations 2008
Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with Financial Reporting Standard 102 (FRS 102)
Financial Reporting Standard 102 (FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland

The charity is a public benefit entity as defined by FRS 102. The financial statements have been prepared under the historical cost convention, except for investments which are included at fair value where applicable.

The accounts are prepared on a going concern basis, and the trustees have assessed that there are no material uncertainties affecting the charity’s ability to continue operating for the foreseeable future.

Note 2: Accounting Policies

2.1 Reconciliation with previous generally accepted accounting practice

The charity's gross income exceeds £250,000 in the year and as a result the adoption of FRS102 becomes mandatory. The accounts have been prepared on an accruals basis under FRS102 Charity SORP. Prior year accounts were prepared under the receipts and payments (cash) basis since income in that year was below the £250,000 threshold. Prior year figures have been restated under FRS102 Charity SORP from a cash to accruals basis to provide better comparability to current year figures. Accrual accounting under FRS102 provides a more accurate view of the charities financial position, ensures income and expenses are matched to the correct period and provides a clearer visibility of outstanding liabilities, commitments and future income expectations including the recognition of in-kind donations.

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2.2 Income

Recognition of Income: These are included in the Statement of Financial Activities (SoFA) when:

the charity becomes entitled to the resources;
it is more likely than not that the trustees will receive the resources;
the monetary value can be measured with sufficient reliability.

Offsetting: There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

Grants and donations: These are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).

Tax reclaims on donations and gifts: Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

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Donated goods: Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Donated services and facilities: Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

Support costs: The charity has incurred expenditure on support costs.

Volunteer help: The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

2.3 Expenditure & Liabilities

Liability recognition: Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Governance and support costs: Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Deferred income: No material item of deferred income has been included in the accounts.

Creditors: The charity has creditors which are measured at settlement amounts less any trade discounts.

2.4 Assets

Tangible fixed assets for use by charity: These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost. The depreciation rates and methods used are disclosed in note 7. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Debtors: Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

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Note 3: Income Analysis

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Note 4: Donated goods, facilities and services

This year: In accordance with Charity SORP (FRS 102), the charity recognizes donated goods, facilities, and services as income in the Statement of Financial Activities (SoFA) when the following conditions are met: 1) The charity has control over the donated item or service, 2) The value can be reliably measured, 3) The donation provides future economic benefit to the charity.

Seconded staff: cost of resource based on estimated salary level pro-rated. The charity benefited from the secondment of staff from NBCUniversal, who provided their services free of charge. The fair value of this contribution, estimated at £4,166, has been recognised as donated services within income and an equivalent amount recorded under expenditure
Property: valued based on cost of affordable comparable alternative (location and size)
Supplies: valued based on retail cost of affordable comparable alternative (quality, volume)
Services: valued based on cost of affordable comparable alternative (quality, level of service, size of project)

Estimated volunteer hours donated: 7500 to 8000.

Last year: In accordance with Charity SORP (FRS 102), the charity recognizes donated goods, facilities, and services as income in the Statement of Financial Activities (SoFA) when the following conditions are met: 1) The charity has control over the donated item or service, 2) The value can be reliably measured, 3) The donation provides future economic benefit to the charity.

Property: valued based on cost of affordable comparable alternative (location and size)
Supplies: valued based on retail cost of affordable comparable alternative (quality, volume)
Services: valued based on cost of affordable comparable alternative (quality, level of service, size of project)

Estimated volunteer hours donated: 7500 to 8000.

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Note 5: Expenditure Analysis

Staging fundraising events (This Year): £23,000 of the £26,898 expenditure was in the form of donated services.

Total expenditure on raising funds (Last Year): £25,000 of the £41,953 was in the form donated services to design, develop and deliver a website.

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Expenditure analysis of charitable activities

Note 6: Support Costs

Support costs, are apportioned using appropriate cost drivers such as staff time or resource usage. The allocation methods are reviewed annually to ensure they remain fair and reasonable.

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Note 7: Tangible fixed assets

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Note 8: Stocks

Note 9: Debtors and prepayments

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Note 10: Creditors and accruals

10.1 Analysis of creditors

10.2 Deferred Revenue

Restricted grant linked to purchase of a cargo bike received in advance of the purchasing of the bike.

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Note 11: Cash at bank and in hand

Note 12: Fair value of assets and liabilities

This year: The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At yearend, the charity held cash and cash equivalents of £46,948, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments.

Last year: The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At yearend, the charity held cash and cash equivalents of £29,335, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments.

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Note 13: Transactions with trustees and related parties

Amrit Maan: He is a director of a company called Maan & Sons. The company has purchased food related supplies for the charity from Booker cash and carry at wholesale prices. The charity has reimbursed the company, Maan & Sons, for the costs incurred. Amrit Maan has received no financial benefit from these transactions.

Mikkel Juel Iversen: The transaction amount of the transfer to correct the funds received in error was equal to the amount of the funds received in error. As a result the related party is not receiving any financial benefit from the charity.

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Under One Sky CIO	Under One Sky CIO	Charity No	1198901	1198901
		Company No	CE028773
Annual accounts for theperiod
Period start date	11-May-23	To	Period end date	10-May-24

Section A Statement of financial activities (including summary income and expenditure account)

Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds	Total funds £ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Prior year funds
312,075	53,116	-	365,191	209,850
1,000	-	-	1,000	6,300
3,995	-	-	3,995	1,458
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
317,070	53,116	-	370,186	217,608

42,491	-	-	42,491	41,953
216,875	51,916	-	268,792	203,795

10,536	-	-	10,536	8,340
269,902	51,916	-	321,819	254,088

47,167	1,200	-	48,367	- 36,480
-	-	-	-	-
47,167	1,200	-	48,367	- 36,480
-	-	-	-	-
47,167	1,200	-	48,367	- 36,480
-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
47,167	1,200	-	48,367	- 36,480

13,130	-	-	13,130	49,611
60,297	1,200	-	61,497	13,130

Charity No 1198901 Company No CE028773

Under One Sky CIO

Section B Balance sheet

£ F01 Unrestricted funds	£ F02 Restricted income funds	£ £ F03 F04 Endowment funds Total this year	£ £ F03 F04 Endowment funds Total this year	£ F05 Total last year
1,127	1,200	-	2,327	-
-	-	-	-	-
-	-	-	-	-
1,127	1,200	-	2,327	-

3,364	-	-	3,364	3,364
16,917	-	-	16,917	17,665
-	-	-	-	-
46,948	0	-	46,948	29,335
67,229	0	-	67,229	50,363

8,060	-	-	8,060	37,233

59,169	0	-	59,169	13,130

60,297	1,200	-	61,497	13,130

-	-	-	-	-
-	-	-	-	-

60,297	1,200	-	61,497	13,130

-			- 1,200 60,297 -	-
	1,200	-		-
60,297				13,130


60,297	1,200	-	61,497	13,130

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the trustees/directors

Print Name	Date of approval dd/mm/yyyy
Julia Lalla-Maharajh OBE (Chair)	3/10/2025
Anita Hughes Campbell(Treasurer)	3/10/2025

CC17a (Excel)

03/10/2025

Section C Notes to the acco

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

		the Statement of Recommended P
•	and with*	ü accounts in accordance with the Fi
		Ireland (FRS 102) issued on 16 Ju
•	and with*	ü the Financial Reporting Standard a
•	and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or cond continue as a going concern, please provide the following

An explanation as to those factors that support Not applicabl the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the Not applicabl going concern assumption doubtful; Where accounts are not prepared on a going Not applicabl concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes hav

Yes ü * -Tick as appropriate No Please disclose: (i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and

CC17a (Excel)

03/10/2025

(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the repo

Yes ü * -Tick as appropriate No

Please disclose:

(i) the nature of any changes;

(ii) the effect of the change on income and expense or assets and liabilities for the current period; and

(iii) where practicable, the effect of the change in one or more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reportin Yes ü * -Tick as appropriate No

Please disclose:

(i) the nature of the prior period error;

(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and

CC17a (Excel)

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(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

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03/10/2025

ounts

convention with items recognised at cost or transaction value unless

Practice: Accounting and Reporting by Charities preparing their inancial Reporting Standard applicable in the UK and Republic of ly 2014

applicable in the United Kingdom and Republic of Ireland (FRS 102)

Yes

ditions that cast significant doubt on the charity's ability to g details or state "Not applicable", if appropriate:

le le le

ve been made to the accounting policies adopted in note 2.2.

The charity has changed from presenting accounts on a cash basis to accurals accounting.

The gross income of the charity is above the £250,000 threshold and as a result accruals accounting in line with Charity SORP (FRS 102). The use of accruals accounting will provide a more accurate financial picture including valuation and inclusion of in kind donations.

CC17a (Excel)

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Current year figures have been adopted to reflect Accruals basis. As a result Current year Income has been restated to £370,186 - an increase of £101,297 (accruals impact +£2 / in kind donation inclusion impact £101,295). Expenses have been restated to £321,819 - an increase of £72,513 (accruals impact -£28,782 / in kind donation inclusion impact £101,295). In addition there is a prior year impact of £1,970 from a tax payment. The prior year Net impact is an increase from accruals accounting of £30,754.

Prior year figures have been restated to reflect Accruals basis. As a result prior year Income has been restated to £217,608 - an increase of £104,635 (accruals impact +£16,915 / in kind donation inclusion impact £87,720). Expenses have been restated to £254,088 - an increase of £122,234 (accruals impact +£34,514 / in kind donation inclusion impact £87,720). In addition there is a prior year impact of £6,392 from a tax payment. The prior year Net impact is an increase from accruals accounting of £11,207. No other previous periods were impacted as prior year was the charity's first year of annual accounts reporting.

orting period (3.46 FRS102 SORP).

ng period (3.47 FRS102 SORP).

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CC17a IExtell 0311012025

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description
of the nature of each change
in accounting policy

The charity's gross income exceeds £250,000 in the year and as a result the adoption of
FRS102 becomes mandatory.
The accounts have been prepared on an accruals basis under FRS102 Charity SORP.
Prior year accounts were prepared under the receipts and payments (cash) basis since
income in that year was below the £250,000 threshold.
Prior year figures have been restated under FRS102 Charity SORP from a cash to accruals
basis to provide better comparability to current year figures.
Accrual accounting under FRS102 provides a more accurate view of the charities financial
position, ensures income and expenses are matched to the correct period and provides a
clearer visibility of outstanding liabilities, commitments and future income expectations
including the recognition of in-kind donations.

Reconciliation of funds per previous GAAP to funds determined under FRS 102

*Adjustments:* Stock Debtors Creditors Fund balance as restated Fund balances as previously stated*	£ £ *54,608 29,335* 3,364 3,364 750 17,665 Opened HMRC tax reclaim accrual and sales accruals - 9,111 - 37,233Open contractor invoices, payment of outstanding tax *49,611 13,130* Start of period End of period

* Any discrepancies due to rounding

Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102

*Adjustments:* Donations and legacies Charitable activities Other trading activities Raising funds Charitable activities Other Tax Net income/(expenditure) as previously stated Previous period net income/(expenditure) as restated*	£ *- 25,273* 12,457HMRC tax reclaim accrual (£10,897) 3,000Outreach event sale accrual 1,458Charity event tcket sales accrual - 6,103 Accrued contractor fees (£34,514) - 25,360 - 3,051 6,392Tax paid relatng to previous reportng period *- 36,480* End of period

* Any discrepancies due to rounding

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Section C Notes to the accounts (cont)

Note 2	Accounting policies
2.2 INCOME
Recognition of income	These are included in the Statement of Financial Activities (SoFA) when:
	· the charity becomes entitled to the resources;
	· it is more likely than not that the trustees will receive the resources;
	· the monetary value can be measured with sufficient reliability.
Offsetting	There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and donations	Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
	In the case of performance related grants, income must only be recognised to the extent
	that the charity has provided the specified goods or services as entitlement to the grant
	only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
	Legacies are included in the SOFA when receipt is probable, that is, when there has
Legacies	been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the
	charity or have been met.
Government grants	The charity has received government grants in the reporting period
	Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on	donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
donations and gifts	and is treated as an addition to the same fund as the initial donation unless the donor or
	the terms of the appeal have specified otherwise.
Contractual income and	This is only included in the SoFA once the charity has provided the related goods or
performance related	services or met the performance related conditions.
grants
Donated goods	Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
	The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
	the fair value of those gifts at the time of their receipt and they are recognised on
	receipt. In the reporting period in which the stocks are distributed, they are recognised
	as an expense at the carrying amount of the stocks at distribution.
	Donated goods for resale are measured at fair value on initial recognition, which is the
	expected proceeds from sale less the expected costs of sale, and recognised in 'Income
	from other trading activities' with the corresponding stock recognised in the balance
	sheet. On its sale the value of stock is charged against 'Income from other trading
	activities' and the proceeds from sale are also recognised as 'Income from other trading
	activities'.
	Goods donated for on-going use by the charity are recognised as tangible fixed assets
	and included in the SoFA as incoming resources when receivable.
	Gifts in kind for use by the charity are included in the SoFA as income from donations
	when receivable.
Donated services and	Donated services and facilities are included in the SOFA when received at the value of
facilities	the gift to the charity provided the value of the gift can be measured reliably.
	Donated services and facilities that are consumed immediately are recognised as
	income with an equivalent amount recognised as an expense under the appropriate
	heading in the SOFA.
Support costs	The charity has incurred expenditure on support costs.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Yes No N/a*	Yes No N/a*	Yes No N/a*
ü
Yes No N/a*
ü
Yes No N/a*
ü
Yes No N/a*
		ü
Yes No N/a*
		ü
Yes No N/a*
	ü
Yes No N/a*
ü
Yes No N/a*
		ü
Yes No N/a*
ü
Yes No N/a*
ü
Yes No N/a*
		ü
Yes No N/a*
		ü
Yes No N/a*
ü
Yes No N/a*
ü
Yes No N/a*
ü
Yes No N/a*
ü
Yes No N/a*
ü

03/10/2025

CC17 FRS 102 SORP

2.3 EXPENDITURE AND LIABILITIES Liability recognition Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors Provisions for liabilities 2.4 ASSETS These are capitalised if they can be used for more than one year, and cost at least They are valued at cost. The depreciation rates and methods used are disclosed in note 7. Intangible fixed assets They are valued at cost. Heritage assets They are valued at cost. Itt Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. 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 Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. The charity has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Tangible fixed assets for use by charity The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16. Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year	Yes No N/a*	Yes No N/a*	Yes No N/a*
			ü
	Yes No N/a*
			ü
	Yes No N/a*
			ü
	Yes No N/a*
			ü
	Yes No N/a*
			ü
	Yes No N/a*
	ü
	Yes No N/a*
	ü
	Yes No N/a*
	ü
	Yes No N/a*
			ü
	Yes No N/a*
	ü
	Yes No N/a*
			ü
	Yes No N/a*
	ü
	Yes No N/a*
	ü
	Yes No N/a*
			ü
	Yes No N/a*
			ü

	£1,000
	Yes No N/a*
	ü
	Yes No N/a*
			ü
	Yes No N/a*
			ü
	Yes No N/a*
			ü
	Yes No N/a*
			ü
	Yes No N/a*

They are valued at cost. Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end The same treatment is applied to unlisted investments unless fair value cannot be

Investments

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CC17 FRS 102 SORP

end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments

Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or progress net realisable value.

Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

Debtors

The charity has investments which it holds for resale or pending their sale and cash and Current asset cash equivalents with a maturity date less than one year. These include cash on investments deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.

They are valued at fair value except where they qualify as basic financial instruments.

		ü
Yes No N/a*
		ü
Yes No N/a*
		ü
Yes No N/a*
ü
Yes No N/a*
		ü
Yes No N/a*
ü
Yes No N/a*
		ü
Yes No N/a*
		ü

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

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CC17 FRS 102 SORP

Section C Notes to the accounts (cont)

Note 3 Income

Note 3 Income	Income	Income	Income	Income	Income	Income
Analysis of income Total funds Prior year £ £ Donations and gifts 181,961 - - 181,961 100,212 Gift Aid 10,435 - - 10,435 9,608 Legacies - - - - - 18,384 53,116 - 71,500 12,310 - - - - Donated goods, facilities and services 101,295 - - 101,295 87,720 Other - - - - Total 312,075 53,116 - 365,191 209,850 Corporate sales of outreach events 1,000 - - 1,000 6,300 - - - - - - - - - - Other - - - - - Total 1,000 - - 1,000 6,300 Fundraising events 1,995 - - 1,995 1,458 Advertising space sales 2,000 - - 2,000 - - - - - - Other - - - - - Total 3,995- - 3,995 1,458 Interest income - - - - - Dividend income - - - - - Rental and leasing income - - - - - Other - - - - - Total - - - - - - - - - - - - - - - - - - - - - - - - - Total - - - - - Other: Conversion of endowment funds into income - - - - - - - - - - - - - - - - - - - - Other - - - - - Total - - - - - TOTAL INCOME 317,070 53,116-370,186 217,608 Other information: Unrestricted funds Restricted income funds Endowment funds Donations and legacies: General grants provided by government/other charities Membership subscriptions and sponsorships which are in substance donations Charitable activities: Other trading activities: Income from investments: Separate material item of income Gain on disposal of a tangible fixed asset held for charity's own use Gain on disposal of a programme related investment Royalties from the exploitation of intellectual propertyrights	Analysis of income Total funds Prior year £ £ Unrestricted funds Restricted income funds Endowment funds
	Donations and gifts	181,961	-	-	181,961	100,212
	Gift Aid	10,435	-	-	10,435	9,608
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	18,384	53,116	-	71,500	12,310
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donated goods, facilities and services	101,295	-	-	101,295	87,720
	Other	-	-	-	-
	Total	312,075	53,116	-	365,191	209,850

	Corporate sales of outreach events	1,000	-	-	1,000	6,300
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	1,000	-	-	1,000	6,300

	Fundraising events	1,995	-	-	1,995	1,458
	Advertising space sales	2,000	-	-	2,000	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	3,995	-	-	3,995	1,458

	Interest income	-	-	-	-	-
	Dividend income	-	-	-	-	-
	Rental and leasing income	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-

	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held for charity's own use	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

		317,070	53,116	-	370,186	217,608

All income in the prior year was unrestricted except for: (please provide description and amounts)		Restriced income sources: A Cost of Living grant from The National Lottery Fund (£51,616) and Bikes for Business grant from Team London Bridge for a Cargo Bike (£1500)

Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion. Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.

Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

CC17 (E l)

03/10/2025

This year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

CC17 (E l)

03/10/2025

Section C Notes to the accounts (cont)

Note 4 Donated goods, facilities and services

Seconded staff Use of property Other	Thisyear	This year Last year £ £	This year Last year £ £
		4,166	-
		23,760	19,800
		73,369	67,920
		101,295	87,720
		Lastyear
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.	In accordance with Charity SORP (FRS 102), the charity recognizes donated goods, facilities, and services as income in the Statement of Financial Activities (SoFA) when the following conditions are met: 1) The charity has control over the donated item or service, 2) The value can be reliably measured, 3) The donation provides future economic benefit to the charity. Seconded staff: cost of resource based on estimated salary level pro-rated. The charity benefited from the secondment of staff from NBCUniversal, who provided their services free of charge. The fair value of this contribution, estimated at £4,166, has been recognised as donated services within income and an equivalent amount recorded under expenditure Property: valued based on cost of affordable comparable alternative (location and size) Supplies: valued based on retail cost of affordable comparable alternative (quality, volume) Services: valued based on cost of affordable comparable alternative (quality, level of service, size of project)	In accordance with Charity SORP (FRS 102), the charity recognizes donated goods, facilities, and services as income in the Statement of Financial Activities (SoFA) when the following conditions are met: 1) The charity has control over the donated item or service, 2) The value can be reliably measured, 3) The donation provides future economic benefit to the charity. Property: valued based on cost of affordable comparable alternative (location and size) Supplies: valued based on retail cost of affordable comparable alternative (quality, volume) Services: valued based on cost of affordable comparable alternative (quality, level of service, size of project)
Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income. Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.


	Estimated volunteer hours donated: 7500 to 8000.	Estimated volunteer hours donated: 7500 to 8000.

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 5 Expenditure

Analysis Expenditure on raising funds:	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds	This year Last year Total funds Total funds £ £ Unrestricted funds Restricted income funds Endowment funds Unrestricted funds Restricted income funds Endowment funds
Incurred seeking donations	8,770	-	-	8,770	18,477	-	-	18,477
Incurred seeking legacies	-	-	-	-	-	-	-	-
Incurred seeking grants	975	-	-	975	1,695	-	-	1,695
Operating membership schemes and social lotteries	-	-	-	-	-	-	-	-
Staging fundraising events	26,898	-		26,898	848	-	-	848
Fudraising agents	-	-	-	-	-	-	-	-
Operating charity shops	-	-	-	-	-	-	-	-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-	-	-	-	-
Advertising, marketing, direct mail and publicity	4,873	-	-	4,873	15,086	-	-	15,086
Start up costs incurred in generating new source of future income	-	-	-	-	-	-	-	-
Database development costs	974	-	-	974	5,848	-		5,848
Other trading activities	-	-	-	-	-	-	-	-
Investment management costs:	-	-	-	-	-	-	-	-
Portfolio management costs	-	-	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on raising funds	42,491	-	-	42,491	41,953	-	-	41,953
Expenditure on charitable activities:
Outreach	196,515	40,580	-	237,095	184,920	5,000	-	189,920
Individual support	20,360	11,336	-	31,697	13,875	-	-	13,875
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on charitable activities	216,875	51,916	-	268,792	198,795	5,000	-	203,795
Separate material item of expense
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-
Other
Governance	1,752	-	-	1,752	1,626	-	-	1,626
Overheads	8,785	-	-	8,785	6,714	-	-	6,714
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total other expenditure	10,537	-	-	10,537	8,340	-	-	8,340

CC17a (Excel)

03/10/2025

TOTAL EXPENDITURE 269,903 51,916 - 321,819 249,088 5,000 - 254,088

CC17a (Excel)

03/10/2025

Other information:

Analysis of expenditure on charitable activities

	Thisyear	Thisyear	Thisyear	Thisyear	Lastyear	Lastyear	Lastyear	Lastyear
Activity or programme	Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	Activities undertaken directly	Grant funding of activities	Support Costs	Total last year
	£	£	£	£	£	£	£	£
Outreach	165,630	-	71,465	237,095	126,791	-	63,129	189,920
Invididual Support	8,922	-	22,775	31,697	4,720	-	9,155	13,875
Other	-	-	-	-	-	-	-	-
Total	174,552	-	94,240	268,792	131,511	-	72,284	203,795

This year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

Last year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

CC17a (Excel)

03/10/2025

CC17a IExtèll 20 D311012025

Section C Notes to the accounts

Note 6 Support Costs

This year

Support cost (examples)	Raising funds	Outreach (Charitable Activity)	Individual Support (Charitable Activity)	Other	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Professional Fees (Contractors)	15,460	69,001	22,775	8,160	115,396	Cost of each contractor allocated based on time spent on each activity.
IT	748	2,244	-	748	3,740	Cost allocated based on resource usage measured as utility provided to each activity.
	-		-	-	-
	-	-	-	-	-
Other	-	220	-	-	220	Direct assignment as cost only relate to one activity.
Total	16,208	71,465	22,775	8,908	119,356

Last year

Last year
Support cost (examples)	Raising funds	Outreach (Charitable Activity)	Individual Support (Charitable Activity)	Other	Grand total £	Basis of allocation
	£	£	£	£		(Describe method)
Professional Fees (Contractors)	15,909	61,526	9,155	6,954	93,544	Cost of each contractor allocated based on time spent on each activity.
IT	534	1,603	-	534	2,671	Cost allocated based on resource usage measured as utility provided to each activity.
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	16,443	63,129	9,155	7,488	96,215

Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.

Support costs, are apportioned using appropriate cost drivers such as staff time or resource usage. The allocation methods are reviewed annually to ensure they remain fair and reasonable."

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 7 Tangible fixed assets

14.1 Cost or valuation

£ Freehold land & buildings	£ Other land & buildings	£ Plant, machinery and motor vehicles	£ Fixtures, fittings and equipment	Total £
-	-	-	-	-
-	-	2,909	-	2,909
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	2,909	-	2,909

14.2 Depreciation and impairments

SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	SL or RB	SL or RB
		5Y SL

-	-	-	-	-
-	-	-	-	-
-	-	582	-	582
-	-	-	-	-
-	-	-	-	-
-	-	582	-	582

-	-	-	-	-
-	-	2,327	-	2,327

CC17a (Excel)

03/10/2025

14.4 Impairment

This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

14.5 Revaluation *If an accounting policy of revaluation is adopted, please provide:* *the effective date of the revaluation* *the name of independent valuer, if applicable* *the methods applied and significant assumptions* 14.6 Other disclosures *the carrying amount that would have been recognised had* *the assets been carried under the cost model.* *(i) Please state the amount of borrowing costs, if any, capitalised in the* *construction of tangible fixed assets and the capitalisation rate used.* *(ii) Please provide the amount of contractual commitments for the acquisition* *of tangible fixed assets.* *(iii) Details of the existence and carrying amounts of property, plant and* *equipment to which the charity has restricted title or that are pledged as security* *for liabilities.*	This year Last year	This year Last year



	-	-

	Thisyear	Lastyear
	£	£
	-	-
	-	-

The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what

CC17a (Excel)

03/10/2025

Section C Notes to the accounts (cont)

Note 8 Stocks

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

Stock	Stock	Donated goods	Donated goods	Work in progress
For distribution	For resale	For distribution	For resale
£	£	£	£	£

2,003	-	1,361	-	-
60,079	-	39,165	-	-
- 60,079	-	- 39,165	-	-
-	-	-	-	-
2,003	-	1,361	-	-
2,003	-	1,361	-	-
2,003	-	1,361	-	-

	This year		Last year
	£		£

CC17a (Excel)

03/10/2025

Section C Notes to the accounts (cont)

Note 9 Debtors and prepayments

19.1 Analysis of debtors

Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	6,020	6,768
	-	-
	10,897	10,897
	16,917	17,665

Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

03/10/2025

Section C Notes to the accounts (cont)

Note 10 Creditors and accruals

20.1 Analysis of creditors

20.1 Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Accruals and deferred income Taxation and social security Other creditors Total Payments received on account for contracts or performance-related grants	Amounts falling due within one year		Amounts falling due after more than one year
	This year £	Last year £	This year £	Last year £
	-	-	-	-
	-	-	-	-
	8,060	34,514	-	-
	-	-	-	-
	-	750	-	-
	-	1,969	-	-
	-	-	-	-
	8,060	37,233	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

*Please complete this note if the charity has deferred* *income.*	*ferred*
This year *Movement in deferred income account* Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period *Please explain the reasons why income is* *deferred.*	This year	Last year
		*Restricted grant linked to* *purchased of a cargo bike* *received in advance of* *the purchasing of the* *bike.*

		This year £	Last year £
		750	-
		-	750
		- 750	-
		-	750

CC17a (Excel)

03/10/2025

Section C Notes to the accounts (cont)

Note 11 Cash at bank and in hand

Note 11 Cash at bank and in hand
Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total	This year £	Last year £
	-	-
	-	-
	46,948	29,335
	-	-
	46,948	29,335

CC17a (Excel)

03/10/2025

Section C Notes to the accounts (cont)

Note 12 Fair value of assets and liabilities Thisyear Lastyear 25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £46,948, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments. The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £29,335, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments.	Note 12 Fair value of assets and liabilities Thisyear Lastyear 25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £46,948, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments. The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £29,335, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments.	Note 12 Fair value of assets and liabilities Thisyear Lastyear 25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £46,948, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments. The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £29,335, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments.
	The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £46,948, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments.	The charity is exposed to credit risk primarily from its trade debtors and grants receivable. The charity’s policy is to regularly review aged debts and follow up on outstanding balances. The charity has a policy of maintaining sufficient cash balances to meet its short-term financial obligations. At year-end, the charity held cash and cash equivalents of £29,335, which is sufficient to cover its immediate liabilities. The charity closely monitors cash flow forecasts to ensure liquidity is maintained. The Charity is not exposed to market risk given it neither holds investments in financial instruments or real estate. Equally the charity’s current liquid assets not held in short term financial instruments.

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

CC17a (Excel)

03/10/2025

Section C Notes to the accounts (cont)

Note 13 Transactions with trustees and related parties

This year

Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
			£	£	£	£
Amrit Singh Maan	Trustee	Through the company Maan & Sons in which Amrit is a director, he has been purchasing food related supplies from Booker cash & carry on behalf of the charity.	8,831	-	-	-
Mikkel Juel Iversen	Lead Advisor	Mikkel created a crowdfunding campaign for the company Hope Film Ltd where is a company director. In error Under One Sky’s bank details were entered as the recipient of the campaign donations instead of those of Hope Film Ltd. The funds received in error have been transferred to Hope Film Ltd to correct the error and backed up by an invoice.	1,816	-	-	-
			-	-	-	-
			-	-	-	-

Amrit Maan is a director of a company called Maan & Sons. The company has purchased food related supplies for the charity from Booker cash and carry at wholesale prices. The charity has reimbursed the company, Maan & Sons, for the costs incurred. Amrit Maan has received no financial benefit from these transactions.

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

Mikkel Juel Iversen: The transaction amount of the transfer to correct the funds received in error was equal to the amount of the funds received in error. As a result the related party is not receiving any financial benefit from the charity.

For any related party, please provide details of any guarantees given or received.

Last year

Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
			£	£	£	£
Amrit Singh Maan	Trustee	Through the company Maan & Sons in which Amrit is a director, he has been purchasing food related supplies from Booker cash & carry on behalf of the charity.	5,474	-	-	-
			-	-	-	-
			-	-	-	-
			-	-	-	-

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

Amrit Maan is a director of a company called Maan & Sons. The company has purchased food related supplies for the charity from Booker cash and carry at wholesale prices. The charity has reimbursed the company, Maan & Sons, for the costs incurred. Amrit Maan has received no financial benefit from these transactions.

For any related party, please provide details of any guarantees given or received.

CC17a (Excel)

03/10/2025

Docusign Envelope ID: 12A0B987-85F0-452E-9ABA-ADB7A5A970BD

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Under One Sky CIO On accounts for the year 10 May 2024 Charity no 1198901 ended (if any) Set out on pages 12-13 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 10/05/2024.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Independent The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of the Chartered Institute of Management Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

Signed: Date: 10/03/2025 Name: Saher Khan Relevant professional Chartered Institute of Management Accountants qualification(s) or body (if any):

Oct 2018

IER

Docusign Envelope ID: 12A0B987-85F0-452E-9ABA-ADB7A5A970BD

Address: 26 Landseer Road Hove BN3 7AF

Oct 2018

IER