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OPEN COLLEGE NETWORK LONDON REGION

Registered charity 1034750 · accounts filings on the Charity Commission register · also known as LONDON OPEN COLLEGE FEDERATION, LONDON OPEN COLLEGE NETWORK, OCNLR

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Latest income
£2.1m
Latest spending
£1.9m
Registered
1994
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £203,346 for the year ended 31 July 2025, with total income increasing to £2.1 million. Unrestricted reserves rose to £1.1 million, exceeding the trustees' stated baseline minimum of £500,000. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: minimum of £500k (held: £1.1m)
“The Trustees’ baseline is to keep this at a minimum of £500k.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees hold positions at member organisations which engaged with OCN London; transactions were on normal commercial terms.
“A number of trustees hold positions at member organisations which in the year have engaged with OCN London. All transactions were on normal commercial terms and were made at arms-length.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£2.1m
Total spending
£1.9m
Reserves (reported)
£500k
Employees
21

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Greece · Kosovo · Throughout England

Income and spending

Financial year endIncomeSpending
31/07/2025£2.1m£1.9m
31/07/2024£1.9m£1.9m
31/07/2023£1.7m£1.7m
30/09/2022£1.8m£1.7m
30/09/2021£1.7m£1.5m

Common questions

Is OPEN COLLEGE NETWORK LONDON REGION financially healthy?

The accounts state that the charity reported a surplus of £203,346 for the year ended 31 July 2025, with total income increasing to £2.1 million. Unrestricted reserves rose to £1.1 million, exceeding the trustees' stated baseline minimum of £500,000. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Sayer Vincent LLP.