OpenCharities

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2022-06-30-accounts

Objectives and Activ itie s
SQRP reference
Summary
ofthe purposes
the charity as set out in its		 of Para 1.17 Relief of poverty, Education,
or community
development,		 Citizenship
Religion
ove min
document
Summary
ofthe main
activities
in relation to those		 Para 1.17and
1.19		 Due to external
activities have		 circumstances,
been minimal
in		 the
the
purposes
for the public		 current period.
benefit,
in particular,		 the
activities, projects or
services identified
in		 the
accounts.
Statement
confirming
whether
the trustees		 have Para 1.18 Qg ~ ~cq
had regard to the guidance
issued
by the Charity
Commission
on pubiic
benefit

SORP reference
An investment policy was sourced and
income generated from this will
continue to aid the charity in the future.
Summary ofthe main Para 1.20
achievements
ofthe charity,
identifying the difference the
charity's work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.
Achievements
against		 Para 1.41
objectives set
Performance
offundraising
activities against objectives		 Para 1.41
set
Investment
performance		 Para 1.41
against objectives
Other

inancial
Review
Review ofthe charity's Para 1.21
financial
position at the end
ofthe
eriod
Statement
explaining
the
policy for holding
reserves		 Para 1.22 To enable the charitable
activities to
progress for the foreseeable
future.
statin
wh
the
are held
Amount
of reserves
held		 Para 1.22 f555,548
Reasons for holding zero Para 1.22 NIA
reserves
Details of fund materially in Para 1.24 N/A
deficit
Explanation
of any		 Para 1.23 NIA
uncertainties
about the
charity continuing
as a going
concern
Explanation
of any
uncertainties
about the
charity continuing
as a going
concern
Pa		 Explanation
of any
uncertainties
about the
charity continuing
as a going
concern
Pa		 ra 1.23 NIA
Additional
information
(optional		 I
You ma
choose to include further		 statements where relevant about:
The charity's
principal
sources offunds (including		 Para 1.47
any fundraising)
Investment
policy and
objectives
including
any		 Para 1.4S
social investment
policy
adopted
A description
ofthe principal		 Para 1 46
risks facing the charity
Other

tructure, Governance and Mana gement
Description
of charity's
trusts:
Type of governing
document		 Para 1.25 Trust Deed
(t!'us'i deed,
io al char"ter)
How is the charity		 Para 1.25 Limited Company by Guarantee
constituted?
(B.g unfncorporateo
assocfatfon,
CIO)
Trustee selection methods		 Para 1.25 In accordance with the trust deed.
including
details ofany
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		 Policies and procedures
adopted
for the induction		 Para 1.51
and training
oftrustees
The charity's orqanisational
structure
and		 any wider
network
with		 which the
charity works
Relationship with any related Para 1.51
parties
Other

30.6.22 30.6.21
Unrestricted Total
fund funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income 6,669
Total 6,669 22
EXPENDITURE ON
Other 300 6,755
Net gains on investments 30,655
NKT INCOME/(EXPENDITURE) 37,024 (6,733)
RECONCILIATION OF FUNDS
Total funds brought
forward		 518,524 525,257
TOTAL FUNDS CARRIED FORWARD 555,548 518,524

BALANCE SHEET
30JUNE 2022
30.6.22 30.6,21
Unrestricted Total
fund funds
Notes
FIXEDASSETS
investments 530,655
CURRENT ASSETS
Cash at bank 25,493 519,424
CREDITORS
Amounts
falling due within one year		 (600) (900)
NET CURRENT ASSETS 24,893 518,524
TOTAL ASSETSLESSCURRENT
LIABILITIES 555,548 518,524
NET ASSETS 555,548 518,524
FUNDS
Unrestricted
funds		 555,548 518,524
TOTAL FUNDS 555,548 518,524

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITI ES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 22
EXPENDITURE ON
Other 6,755
NET INCOME/(EXPENDITURE) (6,733)
RECONCILIATION OF FUNDS
Total funds brought
forward		 525,257
TOTAL FUNDS CARRIED FORWARD 518,524
5. FIXEDASSETINVESTMENTS
Listed
investments
MARKET VALUE
Additions 500,000
Revaluations 30,655
At 30June 2022 530,655
NKT BOOKVALUE
At 30June 2022 530,655
At 30June 2021
There were no investment assets outside the UK.
Cost nr valuation
at 30June 2022 is represented		 bv:
Listed
investments
Valuation
in 2022		 30,655
Cost 500,000
530,655

Ifthe listed shares had not been revalued
they w		 ould have been included
at the following
historical cost:
30.6.22 30.6.21
Cost 500,000
6. CREDI TORS : AMOUNTS FA LLING DUE %ITHIN ONE YE AR
30.6.22 30.6.21
Accrued expenses 600 900
7. MOVEMENT IN FUNDS
Net
movement
At 1.7.21 in funds 30.6.22
Unrestricted funds
General fund 518,524 37,024 555,548
TOTAL FUNDS 518,524 37,024 555,548
Net movement in funds, included in the above are as follows;
Incoming Resources Gains and Movement
resources expended losses in funds
f.
Unrestricted funds
General fund 6,669 {300) 30,655 37,024
TOTAL FUNDS 6,669 (300) 30,655 37,024

Cornparatives for movement
in funds
Net
movement At
At 1.7.20 in funds 30.6.21
Unrestricted funds
General fund 525,257 (6,733) 518,524
TOTALFUNDS 525,257 (6,733) 518,524
Incoming Resources Movement
resources expended in funds
f.
Unrestricted funds
General fund 22 (6,755) (6,733 )
TOTAL FUNDS (6,755) (6,733 )
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1,7.20 in funds 30.6.22
Unrestricted funds
General fund 525,257 30,291 555,548
TOTAL FUNDS 525,2S7 30,291 555,548
A current
yea
follows:		 r 12 months
and prior		 year 12 months
combined
net		 movement
in fun		 ds,
included
in		 the above are
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 6,691 (7,05S) 30,655 30,291
TOTAL FUNDS 6,691 (7,055) 30,655 30,291