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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)**
|**Income (Note 3 & 4)**
**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
**_Total_**
**Expenditure (Notes 5 & 6)**
**Expenditure on:**
Raising funds
Charitable activities
Separate material expense item
Other
**_Total_**
Tax payable
**Net income/(expenditure)**
**Extraordinary items**
**Transfers between funds**
Other gains/(losses)
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**Net income/(expenditure) before tax for**
**the reporting period**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
Net gains/(losses) on
investments
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the
charity’s own use
**_Reconciliation of_**
**_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**|**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**
|**Fixed assets**
**Tangible assets (Note 7)**
**Heritage assets**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 8)**
**Debtors (Note 9)**
**Investments**
**Cash at bank and in hand (Note 11)**
**_Total current assets_**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds**
**Restricted income funds**
**Unrestricted funds**
**Revaluation reserve**
**Fair value reserve**
**_Total funds_**
**Creditors: amounts falling due within**
**one year (Note 10)**
**Creditors: amounts falling due after**
**one year**|**£**
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
2
## **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
3
_**(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)
03/10/2025
4
_**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
CC17a (Excel)
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5
## **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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6
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).
CC17a (Excel)
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7
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_
CC17a (Excel)
03/10/2025
9
## **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
10
|**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**
03/10/2025
CC17 FRS 102 SORP
11
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**
03/10/2025
CC17 FRS 102 SORP
12
**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
13
**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
14
**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)
03/10/2025
16
**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
17
**TOTAL EXPENDITURE** 269,903 51,916 - 321,819 249,088 5,000 - 254,088
CC17a (Excel)
03/10/2025
18
## **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
19
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)
03/10/2025
21
## **Section C Notes to the accounts (cont)**
## **Note 7 Tangible fixed assets**
## **14.1 Cost or valuation**
|Additions
Revaluations
Disposals
Transfers *
At end of the year
At the beginning of
the year|**£**
**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**
|****Basis**
**** Rate**
Disposals
Depreciation
Impairment
Transfers*
At end of the year
**14.3 Net book value**
At beginning of the
year
Net book value at the
beginning of the year
Net book value at the
end of the year|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
22
## **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
23
## **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**
**Donated goods**
**For resale**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
2,003 - 1,361 - -
**_Added in period_**
60,079 - 39,165 - -
**_Expensed in period_**
- 60,079 - - 39,165 - -
**_Impaired_**
- - - - -
**_Closing_**
**2,003 - 1,361 - -**
**Total this year**
2,003 - 1,361 - -
**_Total previous year_**
2,003 - 1,361 - -
**This year**
**Last year**
**£**
**£**
**Work in**
**progress**
**For**
**distribution**
**For**
**distribution**
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**|**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
24
## **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
25
## **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
26
## **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
27
## **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.**
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## **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.**_
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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”).
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.
**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.
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.
**Signed: Date:** 10/03/2025 **Name:** Saher Khan **Relevant professional** Chartered Institute of Management Accountants **qualification(s) or body (if any):**
**Oct 2018**
1
**IER**
Docusign Envelope ID: 12A0B987-85F0-452E-9ABA-ADB7A5A970BD
**Address:** 26 Landseer Road Hove BN3 7AF
**Oct 2018**
2
**IER**