OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Objectiv es and Activ iti es
SORP reference
Summary ofthe purposes of Para 1.17 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 ofa 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
activities		 ofthe main
in relation to those		 Para 1.17and
1.19		 Running
an equipment
to enable local young		 store and expeditions
people predominately
purposes for the public from Medway to achieve their expedition
benefit,
in particular,		 the section ofthe Duke of Edinburgh's Award
activities, projects or
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
Additional information
(optional)
You ma
choose to include		 further statements where relevant about:
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program
related
investment

Financial
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 660K
Reasons for holding zero Para 1.22
reserves
Details offund materially in Para 1.24
deficit
Explanation
of any		 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 offunds (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
trust. deed, Io
8~ charter
How is the charity Para 1.25 CIO - ASSOCIATION
constituted?
(B.g unIncof polat&d
association,
CIO)
Trustee selection methods Para 1.25 Trustees appointed at AGM
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
Additional
information		 (optional)
You ma
choose to include further statements		 where relevant about:
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

Charit name Medwa 0 en Award Centre en Award Centre
Other name the charit uses MOAC
Re istered charit number 1172240
Charity's principal address Summit House
Strand Approach Road
Gillingham Kent
ME7 1TT
ames 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
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

O LHApi Ty qoMM5glog
FOR ENGLAND
AND WALES		 LHApi Ty qoMM5glog
FOR ENGLAND
AND WALES		 LHApi Ty qoMM5glog
FOR ENGLAND
AND WALES		 LHApi Ty qoMM5glog
FOR ENGLAND
AND WALES		 LHApi Ty qoMM5glog
FOR ENGLAND
AND WALES		 LHApi Ty qoMM5glog
FOR ENGLAND
AND WALES		 Medway Open Award Medway Open Award Medway Open Award Centre 1172240
Receipts and payments accounts CC18a
Forthe period
from		 o'I/04/2022 To 31/03/2023
~
~ ~ e ~ ~ ~
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest
6		 to the nearest 6 to the nearest f tothe nearest 6 to the nearest 6
A1 Receipts
Buldings
Expeditions 35,444 35,444 13,975
Donations Gifts 12,742
Equipment 2,792 2,792 1,560
Enrolments 222 582
Presentation Eve
Other 1,176 1,179
Intrest
Sub total (Gross income for
AR)		 39,641 39,641 28,868
A2 Asset and investment sales,
(see table).
Sub total
Total receipts 39,641 39,641 28,868
A3 Payments
Store Management 2,950 2,950 875
Buildings 6,166 6,166 5,112
Expeditions 16,534 16,534 5,126
Minibus 2,505 2,805 2,539
Equipment 1232 1,232 2,319
Training 109
IT/Mobile 215 213
Other
Presentation		 Eve 1,460 1,460 2,339
Sub total 31,365 31,365 21,632
A4 Asset and investment
purchases, (see table)
Sub total
Total payments 31,365 31,365 21,632
Net of receiptsl(payments) 8,276 8,276 7,236
A5 Transfers between funds
A6 Cash funds last year end 78,316 78,316
Cash funds this year end 86,592 86,592 7,238

Unrestricted Restricted Restricted Endowment Endowment
Ca'tegorles Details funds funds funds
to nearest R to nearest R to nearest f
61 Cash funds Current Account 33,720
Reserve Account 60,371
Total cash funds 94,091
(agree balances with receipts and payments
account(s)) ,Agl&en&t'. ,& L1r OK
Unrestricted Restricted Endowment
funds funds funds
Details to nearest
K		 to nearest R to nearest K
B2Other monetary assets
Details Fund towhich
asset belon s		 Cost (optional) Current value
o tional
63Investment assets
Details Fund towhich
asset belon s		 Cost (optional) Current value
o tional
B4Assets retained for the
charity's own use
Fund to which Amount due When due
Details liebili
relates		 o tional o tional
B5Liabilities
Signed by one or two trustees on
behalf of all the trustees		 Signature Print Name Date of
a
roval
G Hackwell 05/1 1/2023