Finance Score: 3

Governance Score: 9

Support Score: 0

Good reserves management: +3

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 12

OPEN COLLEGE NETWORK LONDON REGION

Supports learning and widening participation through offering qualifications and accreditation for courses for adults and young people.

Analysis by Giving is Great

Positives:

Reserves management has been consistently within official guidelines
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
30/09/22	£1,848	£1,701	£148	£0	£843	£843	5.9	24
30/09/21	£1,658	£1,469	£188	£0	£696	£696	5.7	21
30/09/20	£1,447	£1,398	£50	£0	£508	£508	4.4	22
30/09/19	£1,403	£1,364	£39	£0	£458	£458	4	22
30/09/18	£1,359	£1,341	£18	£3	£419	£419	3.7	22
30/09/17	£1,255	£1,322	£-67	£0	£401	£401	3.6	22
30/09/16	£1,219	£1,387	£-168	£0	£468	£468	4	22
30/09/15	£1,396	£1,746	£-350	£41	£636	£636	4.4	29
30/09/14	£1,529	£1,780	£-251	£40	£986	£986	6.6	26
30/09/13	£1,911	£2,036	£-125	£2,036	£1,237	£1,237	7.3	32
30/09/12	£1,838	£1,788	£51	£1,798	£1,362	£1,362	9.1	32
30/09/11	£1,743	£1,650	£93	£35	£1,321	£1,321	9.6	29
30/09/10	£1,813	£1,546	£267	£22	£1,228	£1,228	9.5	29
30/09/09	£1,573	£1,385	£188	£21	£961	£961	8.3	27
30/09/08	£1,363	£1,326	£37	£22	£773	£773	7	22
30/09/07	£1,280	£1,265	£16	£26	£736	£736	7	22
30/09/06	£1,330	£1,238	£92	£0	£0	£0	n/a	0
30/09/05	£1,092	£1,286	£-194	£0	£0	£0	n/a	0
30/09/04	£1,218	£1,132	£86	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 29%
Liabilities/Income: 19%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 5.9 months
Net Current Assets/Spending: 6 months
Quick Ratio: 1.4

Asset Split ?

Established: 30 years

www.ocnlondon.org.uk

enquiries@ocnlondon.org.uk

020 7278 5511

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

School support organisations

How it operates

Provides services

Where it operates

Throughout England,

Who it helps

Other Defined Groups
The General Public/Mankind

Who works here?

24 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Age Range of Trustees: 29-70

ALISON MAY Appointed: 2024, Occupation: Skills And Employment Assistant Director

CHARLES LOUIS TENNANT Appointed: 2024, Occupation: Higher Education Senior Manager

JAMES JONATHAN STOCKDALE Appointed: 2022, Occupation: Director In Education

KATE ELIZABETH HOLT Appointed: 2022, Occupation: Partner - Kpmg

KURT STEFAN HINTZ Appointed: 2022, Occupation: College Principal

NATALIE MAI GARNER Appointed: 2022, Occupation: Vice Principal

ANN-MARIE SOYINKA Appointed: 2024, Occupation: Local Government Official, Other trusteeship: FAITH IN JESUS MINISTRY,

JULIE FRANCES FARMER Appointed: 2017, Occupation: Education And Skills Consultant

LUCY ANN ARNOLD-COURTNEY Appointed: 2017, Occupation: University Management

PETER ROBERT EDMUND PLEDGER (Chair) Appointed: 2019, Occupation: Consultant

VARINDER PAUL SINGH GHUMAN Appointed: 2022, Occupation: Business Executive, Other trusteeship: HARROW CARERS,

Legal constitution

Charitable company registered in England & Wales on 10/03/1994, number: 1034750
Registered at Companies House on 29/11/1993, number: 02876147

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; all on time

Main office

24 Angel Gate
326 City Road
London
EC1V 2PT

Objectives

The Objects of the Charity are the advancement of the education of the public in one or more of the following ways(a) by promoting lifelong learning, increasing social inclusion through educational advancement and widening participation in education and training, particularly by those persons who have previously been excluded from or had limited access to educational opportunities;(b) by improving the quality and flexibility of education provision for the public benefit;(c) by improving access to learning opportunities and facilitating progression to further learning, employment and higher education particularly through the award of credits and credit-based qualifications;(d) by operating as an Access Validating Agency for the Quality Assurance Agency for Higher Education or the appropriate agency acting on behalf of the Department for Education or its successor;(e) by operating as an Ofqual-approved awarding organisation and complying with the regulatory requirements for the development, delivery and assessment of national qualifications;(f) by operating with full commitment to the distinctive mission of Access to Higher Education by widening participation and recognising the achievements of young people and adults through high quality, responsive and flexible accreditation;(g) by approving Access to Higher Education courses and awarding Quality Assurance Agency-recognised Access to Higher Education certificates to students;(h) by encouraging and assisting organisations to provide a wider range of accredited and quality assured learning opportunities;(i) by operating as a proactive, innovative and responsive organisation with respect to curriculum development;(j) by supporting public policy agendas for raising educational standards, improving levels of achievement, widening participation and promoting new opportunities for community involvement;(k) by providing a personalised quality assured service to users that is cost efficient and takes account of competition from other awarding organisations;(l) by providing a network with expertise and intelligence of the external environment within which the Charity operates in order to provide staff development, information, guidance and networking to stakeholder organisations in all sectors; and(m) by operating a high quality, efficient organisation with a commitment to continuous improvement offering all aspects of the service within a quality assured and transparent framework.

Defined Area of Benefit:

NOT DEFINED, BUT IN PRACTICE, LONDON

Data Sources