OpenCharities

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2023-03-31-accounts

ObjectivesandActiviti es
SORPreference
Summaryofthepurposesof Pan1.17 The object of the CIOistopromote mental
thecharity as setoutinits improvement through the developmentof
governing document mathematically-based skills and critical
thinkingtoprepare young people fortheir
future livesfoundedupontechnology,in
particular but not exclusively by providing
opportunities for team-based learning
through competitions and other group
activities.
Summaryofthemain
activities in relation to those
Para1.17and
1.19
Reporting period coincided withtheCOVID-
19pandemic anditsaftermath when
purposes forthepublic coaching and competitionswereunable to
benefit, in particular, the be held. Charity is in process of being
activities, projects or services closed down.
identifiedinthe accounts.
Statement confirming Para1.18 Thetrusteeshave been aware and have had
whether the trustees have regard totheCharity Commission's public
had regard to the guidance benefit guidance when exercising any
issuedbythe Charity powers or duties to whichtheguidanceis
Commission on public relevant
benefit

AchievementsandPe rformance
SORP reference
The reportingperiodcoincided with
COVID-19 pandemic anditsaftermath
when coaching and competitions were
Summaryofthemain
achievementsofthe charity,
Para1.2O unabletobeheld.
identifying the difference the Duringnormaltimes, thecharity relies on the
charity'sworkhas made to
thecircumstancesofits
physical premises of schools for coaching
and competition. Our teams are madeupof
beneficiaries and anywider primary school students andourcoaches
benefits to society asa are secondary school students.
whole.
The charity neitherhadaccesstomaths
teammembers nor maths teams coaches
during this period.ltwasnot abletobe
restarted after schoolswentinto lockdown
and afterschool activities, including the
charity's coaching and competitions,were
shut down. Even after schoolswentbackto
regular teaching, afterschool activities,
especiallythoseby outsideproviders, were
curtailed. Manyofthe volunteers and
teachers the charity depended on,aswellas
the childrenwhomakeupthe teams and
coaches, had moved on during COVID-19.
Charity trustees areintheprocessof
shuttinqdownthe charity.
Achievements against Para1.41
objectives set
Performance of fundraising
activities against objectives Para1,41
set
lnvestment performance Para1.41
against objectives

Other

FinancialReview
Review of the charity's
financial positionattheend
Para1.21 The charity's financialsituation was
unchanged from thestart to theend
largely
ofthe
Statement explaining the
policyfor holding reserves
stating why they areheld
oftheperiod
Para1.22 Reserveswere heldbecause they couldnot
be spentonregularcharity activity. Trustees
are considering nextsteps, whichwillinclude
considerationofwhat to do with the fundsin
vear
reserve.
Reasonsforholding zero
-Amountof reservesheld
Para1.22
Pa'a1-22
nla
reserves
DetailsoffundmateriallYin Para1.24 nla
deficit
Explanationofany
uncertainties aboutthe
Para1.23 Charity is being shutdown Fundswillbe
reallocated asper Charity Commission
charity continuing as agoing guidance.
concern

Description of charity's
trusts:
Type of governing document Pata''.25 Foundation Constitution
(trust deed, royal charler)
Howisthe charity Para1.25 cto
constituted?
(e g unrncorporated
association.CIO)
Trustee selection methods Pala1.25 Apart from the first charity trustees, every
including details of any trustee mustbe appointed bya
constitutional provisionse.g. resolution passedataproperly convened
electiontopost or nameof meetingofthe charitytrustees.No new
any person or body entitled trustees were appointedinthereporting
to appoint one or more period
trustees

Policies and procedures
adopted fortheinductionand Para1.51
trainingoftrustees
The charity's organisational
structure and anywider Parc'1.5'l
network with which the
charity works
Relationshipwithany related Para1.51
parties
Other

Charity name Maths Teams
Other name the charityuses
Registered charity number 1180961
Charity's principal address 77AIREDALE AVENUE
LONDON
W4 2NN