OpenCharities

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2023-10-31-accounts

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Summary ofthe main Continuation
ofthe main activities as listed in Section C.
achievements
ofthe
charity during the year The Charity gave away 7.9%ofincome in 2022-3.The target for the 2023-24
period remains at giving away 10%ofincome.
Briefstatement
ofthe
charity's
policy on reserves
The Charity policy isto keep sufficient reserves to meet all expenditure
due and all future expenditure
to which there is a legal commitment e.g.,
notice periods on rental and employment
contracts; also, to build up
reserves for the Charity to operate at full capacity for 3-6months.
Details ofany funds
materially
in deficit
There were no funds materially in deficit.
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
relevant about:
The Charity's
principal source offunds was through
donations. 'The
Charity did not engage
in fundraising.
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the charity's
principal sources
offunds {including any
fundraising);
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how expenditure
has
supported
the key
objectives
ofthe charity;
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investment
policy and
objectives including any
ethical investment policy
adopted.

Trustees' Trustees' Annual Report for the period Report for the period Report for the period
Period start date Period end date
From 01 Nov 2022 To 31
Oct 2023
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Dates acted if Name ofperson (or body)
Trustee name Office (ifany) not for whole entitled to appoint trustee
ear ifan
1 Timothy Quayle Church Leader, chair of Existing trustees
Trustees from 8/7/22
Olaniyi Kehinde Safeguarding Officer Existing Trustees
3. Stephen Beadle Existing Trustees
4. lan Hedley Existing Trustees
10.
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Unrestricted Restricted Endowment
Detaiis funds funds funds
to nearest K to nearest K to nearest K
B1Cash funds Main Account 00029734 2756
Gold De osit Account 00098913 4,082
Gold Reserve Account 00100575 4,054
Total cash funds 10,892
(agree balances with receipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
to nearest 8 to nearest 8 to nearest r.
Details
B2Other monetary assets
Details Fund to which
asset belongs
C st(~ i) Current value
(optional)
B3investment assets
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
B4Assets retained forthe laptop x3 General
charity*s own use PA Equipment General
Keyboard General
Office chair +office fixtures General
Banners, notices, display boards General
Heaters General
Projector and screen General
Fund to which Amount due When due
Detaiis liability relates (optional) (optional)
B5Liabilities Pension Designated