2022-03-31-accounts - Medway Open Award Centre

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				SORP reference
Summary	ofthe purposes		of		Medway Open Award Centre, is a Charitable
the charity	as set out	in its			Interest Organisation set up as a Directly
governing	document				Licenced Centre in which young people can
					readily access cost effective, knowledge, advice
					and assistance to facilitate, their
					achievement of a Duke of Edinburgh's Award
					at any level.
					The centre will be staffed by volunteers who
					believe in the ethos ofthe Duke of Edinburgh's
					Award. By using a volunteer team, the costs to
					the participants can be kept to a minimum,
					thus working towards accessibility
					for all those who wish to take part.
Summary ofthe main activities in relation to those				Para 1.17and 1.19	Running an equipment store and expeditions to enable local young people predominately
purposes	for the public				from Medway to achieve their expedition
benefit, in activities,	particular, projects or	the			section ofthe Duke of Edinburgh's Award
services identified in		the
accounts.
Statement	confirming			Para 1.18
whether the trustees		have
had regard to the guidance
issued by	the Charity
Commission on public
benefit

inancial Review
Review ofthe charity's		Para 1.21	A reserve	fund held and charity is
financial position at the end			financially	secure
ofthe eriod
Statement explaining the		Para 1.22	Reserve fund held to replace equipment
policy for holding reserves
statin wh the are held
Amount ofreserves held		Para 1.22	860K
Reasons for holding zero		Para 1.22
reserves
Details offund materially	in	Para 1.24
deficit
Explanation ofany		Para 1.23	None
uncertainties about the
charity continuing as a going
concern

Additional	information	(optional)
You ma choose to include further statements			where relevant		about
			Running	DofE expeditions		mainly for
			local schools
The charity's principal
sources of	funds (including	Para 1.47
any fundraising)
Investment	policy and
objectives	including any	Para 1.46
social investment policy
adopted
			None
A description ofthe principal		Para 1.46
risks facing	the charity
Other

Description of charity's
trusts:
Type of governing document	Para 1.25	CIO - ASSOCIATION
How is the charity	Para 1.25	CIO - ASSOCIATION
constituted?
Trustee selection methods	Para 1.25	Trustees appointed	at AGNI
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Policies and	procedures
adopted for the induction		Para 1.51
and training	oftrustees
The charity's organisational structure and any wider		Para 1.51
network with	which the
charity works
Relationship	with any related	Para 1.51
parties
Other

ame	s ofthe	charity tru	charity tru	stees who manage	the charity
	Trustee	name		Office (ifany)	Dates acted ifnot for whole ear	Name to a	ofperson (or body) entitled oint trustee ifan
1	Robert	Wood		Chairman
2	Gary Hackwell			Treasurer
3	Malcom	Hutton
4	Alexandra		Chinn		From Jan 22
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

D	~HApl Ty goMMlgglog FOR ENGLAND AND WALES	~HApl Ty goMMlgglog FOR ENGLAND AND WALES	~HApl Ty goMMlgglog FOR ENGLAND AND WALES	~HApl Ty goMMlgglog FOR ENGLAND AND WALES	~HApl Ty goMMlgglog FOR ENGLAND AND WALES	~HApl Ty goMMlgglog FOR ENGLAND AND WALES		Medway OPen Award Centre Receipts and payments	Medway OPen Award Centre Receipts and payments	Medway OPen Award Centre Receipts and payments	Medway OPen Award Centre Receipts and payments	Medway OPen Award Centre Receipts and payments	accounts		GG16a
								For the period from			01/04/2021	To	31/03/2022
		'
			-
~					~		~	~
								Unrestricted funds			Restricted funds	Endowment funds	Total	funds	Last year
								to	the nearest		to the nearest E	to the nearest 6	to the nearest F		to the nearest F
A1 Receipts
Buldings
Expeditions									13,975					13,975	920
Donations	Gifts								12,742					12,742	6,691
Equipment										1,560				1,560
Enrolments										582				582	371
Presentation		Eve
Other															322
Intrest															25
Sub	total		(Gross income for AR)						28,868					28,868	8,329
A2 Asset	and		investment		sales,
(see table).
				Sub		total
			Total		recelpfs				28,868					28,868	8,329
A3 Payments
Store Management										875				875	250
Buildings										5,112				5&112	4,746
Expeditions										8,126				8,128	519
Minibus										2,539				2,539	13,319
Equipment										2,319				2,319	197
Training										109				109
IT/Mobile										213				213	211
Other										2,339				2,339	2,080
Presentation		Eve
				Sub		tofal			21,632					21,632	21 322
A4 Asset	and		investment
purchases,		(see table)
				Sub		fotal
			Tofal payments						21,632					21,632	21,322
Nef of		receiptsl(payments)								7,236				7,236	12,993
A5 Transfers			between	funds
A6 Cash	funds last year				end				78,316					78,316
Cash		funds fhls		year		end			&5,552					85,552	12,993

	~			i			~	~ ~	~ ~	~	s ~
									Unrestricted	Restricted		Endowment
		Categories				Detaiis			funds		funds	funds
									to nearest F	to nearest R		to nearest	R
B1Cash		funds				Current Account			25,445
						Reserve Account			60,'I07
							Total cash funds		85,552
						(agree balances	with	receipts and payments
								account(s))
									Unrestricted	Restricted		Endowment
									funds		funds	funds
						Details			to nearest 6	to nearest 6		to nearest	K
B2Other		monetary assets
						Details			Fund to which asset belon s	Cost (optional)		Current value o tional
B3Investment			assets
						Detaiis			Fund towhich asset belon s	Cost (optional)		Current value o tional
B4Assets retained for					the
charity's		own	use
									Fund towhich	Amount due		When due
						Details			liabili relates		o tional	o tional
B5Liabilities
Signed by one or two trustees behalf of all the trustees					on	Signat		r	Print	Name		Date of a roval
									G Hackwell			27/1 1/2022
CCXX	R2 accounts			(SS)								27/1 1/2022