OPEN AWARDS

Registered charity 1113612 · accounts filings on the Charity Commission register · also known as OCNNWR, OPEN COLLEGE NETWORK, OPEN COLLEGE NETWORK NORTH WEST REGION, OPEN REWARDS

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Latest income
£2.7m
Latest spending
£2.7m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group generated a total surplus of £135,449 for the year ended 31 July 2025, with unrestricted reserves increasing to £4,699,917. The trustees consider these reserves sufficient to maintain operational continuity and safeguard charitable purposes, noting that the existing policy is reviewed annually to ensure sustainability. Per the trustees' report, the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.

What the accounts disclose

Accounts audited by DSG Audit. Discloses 3 of 6 completeness components.

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

Total income
£2.7m
Total spending
£2.7m
Cost of raising funds
£242k
Reserves (reported)
£2.8m
Employees
45

Reported reserves equal ~12.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Throughout England

Income and spending

Financial year endIncomeSpending
31/07/2025£2.7m£2.7m
31/07/2024£3.1m£3.2m
31/07/2023£2.4m£2.6m
31/07/2022£3.1m£2.4m
31/07/2021£2.9m£1.8m

Common questions

Is OPEN AWARDS financially healthy?

The accounts state that the group generated a total surplus of £135,449 for the year ended 31 July 2025, with unrestricted reserves increasing to £4,699,917. The trustees consider these reserves sufficient to maintain operational continuity and safeguard charitable purposes, noting that the existing policy is reviewed annually to ensure sustainability. Per the trustees' report, the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by DSG Audit.