OpenCharities

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2020-12-31-accounts

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Summary
ofthe main
achievements
ofthe charity
during the year
The legal association
with the online technical
plafform
that will
govern and control the activity was formed,
on a free to use and
basis.
Stakeholder
support was used to form the policies, procedures
hitherto
forever
and
operating
documents
ofthe Charity
Income ofF65,940.23was achieved.
Donations
ofF28,023.59were
distributed
to nominated
causes.
Cash funds of637,449were carried forward.
With the projected
expansion
of activity and current
low running
costs, itwas deemed
prudent
to retain a large part ofthis in view of current
national
social and
health
problems.
The income is derived
from donations
from associated
business
parties,
whom are now committed
to further support
in 2020 and beyond
The expansion
ofassociated
business
parties is ongoing.
The platform
is completed.
However technical delays meant that the
ambitions
ofthe first three years were not achieved. The Covid
Pandemic
will further delay these ambitions
for an unspecified
period Every effort is
being made to pull this back over the next few years.
The Trustees continue to oversee and run the daily operations such as
they were
in 2020.
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Unrestricted funds Restricted Endowment
Categories Details to nearest f funds
to nearest f
funds
to nearest 5
81 Cash funds Credit aalance 37,449
Total cash funds 37,449
(spree balances with recapts snd payments sccccnt(s)l
Unrestricted funds Restricted Endowment
funds funds
Details to nearest 5 to nearest t to nearest 9
82 Other monetary assets None
Details Fund to which
helen
s
asset Cost (optionall Current
value
o
'anal
83Investment assets None
Details Fund to which
balan s
asset Cost (optional) Current
value
84Assets retained for the None
charity's own use
Fund to which liability Amount due When due
Details relates o tlonal o
lanai
85 Liabilities None
Signed by one
all the trustees
or two trustees on behalf of Stgnature Print Name Date of
a
ravel
Mr Phili Webb 15/10/2021