OPEN WAY

Registered charity 1122055 · accounts filings on the Charity Commission register

We are working to alleviate extreme poverty in Ethiopia. Current activities include: enabling access to medical help for those who otherwise can not obtain it; enabling poor children to gain access to free early years education; providing assistance for elderly and vulnerable people who have no help from any other source; providing food aid and long-term support when needed due to emergencies.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · website · Get email alerts

Latest income

£47k

Latest spending

£102k

Registered

2007

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's end-of-year unrestricted balance is £3,442.56, which is significantly below the trustees' stated aim to hold reserves of around 4 to 6 months. The trustees declare that the charity has no funds in deficit and that the accounts were prepared on a receipts and payments basis.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £3k; policy: around 4 to 6 months)

“Open Way’s reserves are reduced due to priority spending. Our end of year balance is £3,442.56. Our aim is to hold reserves of around 4 to 6 months.”

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Nick Osbornechair
Maria Lopez

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

Operates in: Ethiopia

Income and spending

Financial year end	Income	Spending
31/07/2025	£47k	£102k
31/07/2024	£133k	£130k
31/07/2023	£164k	£121k
31/07/2022	£53k	£50k
31/07/2021	£42k	£47k

Common questions

Is OPEN WAY financially healthy?

Per its FY2025 accounts: The accounts state that the charity's end-of-year unrestricted balance is £3,442.56, which is significantly below the trustees' stated aim to hold reserves of around 4 to 6 months. The trustees declare that the charity has no funds in deficit and that the accounts were prepared on a receipts and payments basis. Its FY2025 accounts were independently examined.

Who funds OPEN WAY?

Funders whose own accounts filings name OPEN WAY as a grant recipient include THE BAND AID CHARITABLE TRUST, LET YOURSELF TRUST, THE ASHWORTH CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
THE BAND AID CHARITABLE TRUST	FY2024	£200k	Food Security and Livelihood Projects
THE BAND AID CHARITABLE TRUST	FY2025	£88k	Food Security and Livelihood Projects / Health Improvement / Education
THE BAND AID CHARITABLE TRUST	FY2022	£66k	Food security/livelihoods
LET YOURSELF TRUST	FY2023	£30k	Support for medical assistance, housing, educational work, and elderly support in Ethiopia.
THE ASHWORTH CHARITABLE TRUST	FY2025	£3k	International
THE ASHWORTH CHARITABLE TRUST	FY2022	£3k	International
THE BAND AID CHARITABLE TRUST	FY2021	£0	Tigray emergency