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ONEBILLION LEARNERS

Registered charity 1159480 · accounts filings on the Charity Commission register

Latest income
£1.6m
Latest spending
£900k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £3,172,188, which exceeds the trustees' stated policy target of three months of forward planned activity. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £3.2m)
“It is the aim of the Trustees to ensure that onebillion has enough cash, or reliable promises of donations, to fund at least 3 months forward planned activity within categories (1) and (2) above, after allowing for the forecast revenues from commercial sale of software.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to subsidiary OneBillion Children Limited
“During the period under review, the Charity incurred charitable expenditure of £300,000 (2023: £314,545) as a grant to its subsidiary, OneBillion Children Limited. This expenditure was provided to support the subsidiary in delivering projects and initiatives aligned with the Charity's objectives, including educational programs and community outreach efforts. At the balance sheet date, £1,586,074 was due to the Charity from the subsidiary (2023: £1,653,593). This amount is interest-free and repayable on demand.” — page 28
“At the balance sheet date £100,000 (2023: £100,000) was owed to Andrew Ashe, a trustee and director. The balance is interest-free and repayable on demand. This loan was repaid in full on 23rd April 2024.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan to Trustee Andrew Ashe
“During the period under review, the Charity incurred charitable expenditure of £300,000 (2023: £314,545) as a grant to its subsidiary, OneBillion Children Limited. This expenditure was provided to support the subsidiary in delivering projects and initiatives aligned with the Charity's objectives, including educational programs and community outreach efforts. At the balance sheet date, £1,586,074 was due to the Charity from the subsidiary (2023: £1,653,593). This amount is interest-free and repayable on demand.” — page 28
“At the balance sheet date £100,000 (2023: £100,000) was owed to Andrew Ashe, a trustee and director. The balance is interest-free and repayable on demand. This loan was repaid in full on 23rd April 2024.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Purchases from Eurotalk Ltd (Trustee connected)
“During the period under review, the Charity incurred charitable expenditure of £300,000 (2023: £314,545) as a grant to its subsidiary, OneBillion Children Limited. This expenditure was provided to support the subsidiary in delivering projects and initiatives aligned with the Charity's objectives, including educational programs and community outreach efforts. At the balance sheet date, £1,586,074 was due to the Charity from the subsidiary (2023: £1,653,593). This amount is interest-free and repayable on demand.” — page 28
“At the balance sheet date £100,000 (2023: £100,000) was owed to Andrew Ashe, a trustee and director. The balance is interest-free and repayable on demand. This loan was repaid in full on 23rd April 2024.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: onebillion Children Limited
“The Charity owns 100% of the share capital of a trading subsidiary onebillion Children Limited.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Kirk Rice LLP.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.6m
Total spending
£900k
Reserves (reported)
£4.2m
Employees
9

Reported reserves equal ~56.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Malawi · Throughout London · Uganda

Income and spending

Financial year endIncomeSpending
31/03/2025£1.6m£900k
31/03/2024£1.1m£1.3m
31/03/2023£1.1m£587k
31/03/2022£744k£631k
31/03/2021£548k£978k

Common questions

Is ONEBILLION LEARNERS financially healthy?

The accounts state that the charity holds unrestricted reserves of £3,172,188, which exceeds the trustees' stated policy target of three months of forward planned activity. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Kirk Rice LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE GSR FOUNDATION1£74k
THE EQUINOXE TRUST1£39k
THE WILBUR AND NISO SMITH FOUNDATION1£5k
COLEFAX CHARITABLE TRUST1£3k

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