ONE FOOTSTEP
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £114,350 for the period, resulting in a decrease in unrestricted funds to £1,091,638. The trustees believe reserves are adequate to pursue objectives, with £340,000 invested to provide additional income. The going concern assessment confirms no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“The Trustees' reserves policy is to retain sufficient reserves to ensure the charity can meet its funding expenditure over the foreseeable future.” — page 4
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- BEENA GOYAL
- NISHA GOYAL
- RAM GOYAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £546k | £129k |
| 31/03/2024 | £52k | £143k |
| 31/03/2023 | £92k | £207k |
| 30/11/2021 | £967k | £174k |
| 30/11/2020 | £224k | £226k |
Common questions
Is ONE FOOTSTEP financially healthy?
The accounts state that the charity reported a deficit of £114,350 for the period, resulting in a decrease in unrestricted funds to £1,091,638. The trustees believe reserves are adequate to pursue objectives, with £340,000 invested to provide additional income. The going concern assessment confirms no material uncertainties regarding the charity's ability to continue. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BORROWS CHARITABLE TRUST | 1 | £60k |
| JUSTICE FOR JOURNALISTS FOUNDATION | 1 | £19k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £15k |
| BOOKER PRIZE FOUNDATION | 1 | £13k |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
| THE STERRY FAMILY FOUNDATION | 1 | £6k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHISLEHURST | 1 | £5k |