OpenCharities

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

2021-03-31-accounts

ObjectivesandActiviti es
SORP reference
Summaryofthepurposesof Para1.'17 The objectoftheCIOistopromote mental
thecharity as set out inits improvement through the developmentof
governing document mathematically-based skills and critical
thinkingtoprepare young people fortheir
future lives founded upontechnology,in
particular but not exclusively by providing
opportunities for team-based learning
through competitions and other group
activities.
Summaryofthemain
activities in relation to those
Para 1.'17 and
1.19
Reporting period coincidedwithCOVID-19
pandemic when coaching and competitions
purposes forthepublic were'unabletobeheld
benefit, in particular, the
activities, projects or services
identifiedinthe accounts.
Statement confirming Para1.18 The trustees have been aware and havehad
whether the trustees have regard totheCharity Commission's public
had regard totheguidance benefit guidance when exercising any
issuedbytheCharity powers or duties to whichtheguidanceis
Commission on public relevant
benefit

SORP reference
The reporting period coincided with COVID-
19 pandemicwhen allcoachingand
competitionswereunabletobeheld
Summaryofthemain
achievementsofthecharity,
Para'1.20 Duringnormaltimes,the charity relies onthe
identifiTingthe difference the physical premisesofschools for coaching
charity'sworkhas made to and competition.Ourteams are made upof
thecircumstancesofits primary school students and our coaches
beneficiaries and anywider are secondary school students.
benefits to society asa
whole. The charity neitherhadaccesstomaths
team members not maths teams coaches
during this period, either physicallyor
virtually because schoolswentinto lockdown
and shut down afterschool activities,
includingthecharity's coachingand
competitions.
Mostofthe volunteersofthecharity are
working parents who were also not available
durinq thepandemiclockdown
Achievements against Para1.41
objectives set
Performanceoffundraising
activities against objectives Para1.41
set
Investment performance Para1.4'l
against objectives
Other

FinancialReview
Reviewofthecharity's Parc1.21 The charity's financial situation did not
financial positionattheend change much over the year. Themain
oftheperiod income was from coachingandthemain
expenditure was for coachingpacks.
Statement explaining the Parc1.22 Reserveswereheld becausetheycould not
policy for holding reserves be spent on regular charity activity andin
stating why they are held anticipation of resumption of activities when
COVID-19 restrictions allowed
Amount of reservesheld Para1.22 GBP 5,567
Reasons for holding zero Para 1.22 nla
reserves
Detailsoffund materiallyin Para'1.24 nla
deficit
Explanation of any Para 1.23 Charityfutureuncertain duetoCovid-19
uncertainties about the pandemic
charity continuing asagoing
concern

Thecharig'sprincipal
sourcesoffunds(including Para1.47
any fundraising)
lnvestment policy and
objectives including any Para1.46
social investment policy
adopted
Adescriptionoftheprincipal Para1.46
risks facing the charity
Other

Description of charity's
trusts:
Type of governing document Para 1.25 Foundation Constitution
(trustdeedrovalcharter)
Howisthecharity Para1.25 clo
constituted?
(e.g unincorporated
association,CIO)
Trustee selection methods Para1.25 Apart from the first charity trustees, every
including details of any trustee must be appointed bya
constitutional provisionse.g resolution passed at a properly convened
electiontopost or nameof meetingofthecharitytrustees.No new
any person or body entitled trustees were appointedinthereporting
toappoint oneormore period
trustees

Policies and procedures
adopted fortheinductionand Para1.51
trainingoftrustees
The charity's organisational
structure and any wider Para1.51
network with which the
charity works
Relationshipwithany related Para1.51
parties
Other

Charity name Maths Teams
Other namethecharityuses
ReqisteredcharitVnumber 1 180961
Charity's principal address CapitalOfficeLtd
Kemp House
152-160 CityRoad
LONDON
EClV2NX

Names andaddresses of ad visers (Option
Typeof Name Address
adviser

Totalreceipts 41:z 412 59äC
800 800
Subtotal 800 800
A4Asset andinvestment
ourchases-(seetablel
Subtotal
Total payments 800 800
Netofreceipts/(payments) 36E 3EE 5 955
A5 Transfersbetweenfunds
46 Cashfundslast year end ö 9ö5 5955
Cashfunds thisyearend 5 567 5567 5 955
Unrestricted Restricted Endowment
Categories Details funds funds funds
tonearest e tonearestA to neareste
BlCashfunds
Totalcashfunds 5 567
(agree balanceswith receiptsandpayments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details tonearest e tonearest e tonearestf
82 Other monetary assets
Details Fundto which Cost(optional) Gurrent value
83lnvestment assets
Details Fundto which Cost (optional) Currentvalue
84 Assets retainedforthe
charity'sown use
Fundto which Amount due When due
Details
B5Liabilities
Signedbyoneor twotrusteeson
behalfof allthe trustees
Signature Print Name Dateof
Carola Hovos 06to2t2023
AndrewZielinski 06102t2023
CCXXR2accounts(SS) 2 2023-02-06