ONE FOR THE WORLD (OFTW)
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves stood at £22,524.65, which the trustees consider sufficient to cover approximately three months of unrestricted charitable expenditure. The charity reports strong incoming voluntary income of £202,457 and notes that operational costs are supported by a US partner, resulting in lower expenses compared to the previous year.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level that equates to approximately three months of unrestricted charitable expenditure.”
“The charity's principal risks are considered low given its operational model. Structural dependency on OFTW US for administrative costs and donation volatility are monitored risks.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Trustees
- Joshua McCannchair
- Katharina Schwarz
- Robert Colonel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £206k | £498k |
| 30/06/2024 | £202k | £72k |
| 30/06/2023 | £144k | £33k |
| 30/06/2022 | £86k | £13k |
Common questions
Is ONE FOR THE WORLD (OFTW) financially healthy?
The accounts state that unrestricted free reserves stood at £22,524.65, which the trustees consider sufficient to cover approximately three months of unrestricted charitable expenditure. The charity reports strong incoming voluntary income of £202,457 and notes that operational costs are supported by a US partner, resulting in lower expenses compared to the previous year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PENNIES FOUNDATION | 1 | £97k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £30k |
| THE HAROLD HYAM WINGATE FOUNDATION | 1 | £18k |
| THE AMAR FAMILY CHARITABLE TRUST | 1 | £3k |