Finance Score: 7

Governance Score: 6

Support Score: 0

Liabilities <10%: +3
Excess liquidity: -1
Strong growth: +2
Fundraising costs low: +3

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

No supporters identified

Overall GiG Score: 13

OPEN AWARDS

Education / Training

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income

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
31/07/22		£3,128	£2,426	£702	£0	£4,693	£4,693	23.2	50
31/07/21		£2,853	£1,806	£1,047	£0	£4,079	£4,079	27.1	41
31/07/20		£2,242	£1,700	£542	£0	£2,855	£2,855	20.1	38
31/07/19	*	£1,434	£1,373	£60	£0	£2,430	£2,430	21.2	28
31/07/18		£1,308	£1,165	£143	£0	£2,292	£2,292	23.6	25
31/07/17		£1,247	£1,371	£-124	£0	£2,102	£2,102	18.4	28
31/07/16?		£1,118	£1,397	£-279	£0	£2,176	£2,176	18.7	29
31/08/15		£1,316	£1,610	£-295	£36	£2,415	£2,415	18	29
31/08/14		£1,685	£1,532	£152	£8	£2,698	£2,698	21.1	28
31/08/13		£1,553	£1,586	£-33	£166	£2,491	£2,441	18.5	27
31/08/12		£1,675	£1,546	£129	£231	£3,193	£3,168	24.6	30
31/08/11		£1,893	£1,367	£526	£131	£3,042	£3,042	26.7	26
31/08/10	*	£1,634	£1,162	£473	£136	£2,526	£2,526	26.1	23
31/08/09		£1,792	£1,092	£700	£133	£2,053	£2,053	22.6	23
31/08/08		£1,594	£1,530	£64	£133	£641	£641	5	20
31/08/07	*	£1,347	£1,632	£-285	£121	£-285	£-285	-2.1	23

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0.4%
Fundraising Costs/Total Spending: 0.5%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 9%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 23.2 months
Net Current Assets/Spending: 11 months
Quick Ratio: 4.6

Asset Split ?

Established: 18 years

www.openawards.org.uk

info@openawards.org.uk

01514942072

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Technical, vocational and continuing education

How it operates

Provides advocacy/advice/information
Provides human resources
Provides services

Where it operates

Northern Ireland, Throughout England,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

50 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: 37-81

ANDREW JAMES STOTT Appointed: 2019, Occupation: Lecturer

DR HARM VAN ZALINGE Appointed: 2022

JULIE ELIZABETH ARMITAGE Appointed: 2023, Occupation: Accountant

MATHEW BENNETT Appointed: 2023, Occupation: Company Director

ADRIAN JOHN BEVIN Appointed: 2014, Occupation: Programme Co-Ordinator

BENJAMIN JOHN JORDAN Appointed: 2022, Occupation: Head Of Policy, Other trusteeship: STAND ALONE CHARITY,

DR GORDON LAING Appointed: 2014, Occupation: Principal Lecturer - Higher Education/University

DAVID TILLEY Appointed: 2015, Occupation: Olass Manager Hmp Leeds - The Manchester College

GILL ANNE MASON Appointed: 2014, Occupation: College Principal

NICOLA JULIE MAILEY Appointed: 2016, Occupation: Advisor

KIERAN TIMOTHY GORDON Appointed: 2016, Occupation: Retired Teacher, Other trusteeship: EDMUND RICE BICENTENNIAL TRUST LIMITED,

Legal constitution

Charitable company registered in England & Wales on 05/04/2006, number: 1113612
Registered at Companies House on 25/05/2005, number: 05462874

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

16 returns made; AR19: 30 days late, AR10: 6 days late, AR07: 102 days late,

Main office

Open Awards
17 De Havilland Drive
Speke
LIVERPOOL
L24 8RN

Objectives

TO ADVANCE THE EDUCATION OF THE PUBLIC AND IN PARTICULAR BY:- A) PROMOTING AND WIDENING PARTICIPATION IN EDUCATION, LEARNING AND TRAINING PARTICULARLY BY THOSE WHO HAVE PREVIOUSLY BENEFITED LEAST FROM EDUCATIONAL OPPORTUNITIES; B) IMPROVING THE QUALITY AND FLEXIBILITY OF EDUCATION, LEARNING AND TRAINING PROVISION PRIMARILY FOR THOSE WHO HAVE PREVIOUSLY BENEFITED LEAST FROM EDUCATIONAL OPPORTUNITIES; C) IMPROVING ACCESS TO LEARNING OPPORTUNITIES AND FACILITATING PROGRESSION TO FURTHER LEARNING AND EMPLOYMENT AND IN PARTICULAR THROUGH THE AWARD OF CREDIT AND CREDIT BASED QUALIFICATIONS.

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE MERSEYSIDE, LANCASHIRE, CHESHIRE, GREATER MANCHESTER, CUMBRIA, ISLE OF MANN.

Data Sources