OPEN WAY
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.
Objects
A) THE RELIEF OF POVERTY AND SUFFERING RELATED TO THE LACK OF BASIC NEEDS FOR PEOPLE OF ANY AGE OR CULTURAL BACKGROUND IN POOR COUNTRIES WITH THE AIM OF BETTERING THEIR PRESENT SITUATION AND IMPROVE THEIR CHANCES OF FUTURE SELF-RELIABILITY.B) TO ADVANCE THE EDUCATION OF THE PUBLIC IN POOR COUNTRIES IN THE SUBJECTS OF: HEALTH; AND THE CONSERVATION OF THE NATURAL AND PHYSICAL ENVIRONMENT.
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.
What the accounts disclose
“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.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Volunteers: 2
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2024
- Volunteers: 2
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2023
- Volunteers: 2
- Grant-making is its main activity
Trustees
- Nick Osbornechair
- Maria Lopez
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
| 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 | amount not stated | Tigray emergency |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | 2 | £89k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 2 | £36k |
| MISS E F RATHBONE CHARITABLE TRUST | 2 | £3k |
| THE ALBORADA TRUST | 1 | £350k |
| ETHIOPIAID | 1 | £56k |
| THE HOSKING CHARITABLE TRUST | 1 | £50k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £45k |
| THE BRITFORD BRIDGE TRUST | 1 | £37k |
Charities like this
- AFRICAN CHILDRENS EDUCATIONAL TRUST
- ETHIOPIAID
- THE BAND AID CHARITABLE TRUST
- Together We Learn
- THE OPENWORK FOUNDATION
- BETTER WAY RECOVERY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OPEN WAY | £47k | — | 0 | below | — | no doubt |
| AFRICAN CHILDRENS EDUCATIONAL TRUST | £111k | — | 0 | unclear | — | no doubt |
| ETHIOPIAID | £3.1m | — | 0 | above | — | no doubt |
| THE BAND AID CHARITABLE TRUST | £3.5m | — | 0 | unclear | — | no doubt |
| Together We Learn | £360k | — | 0 | unclear | — | no doubt |
| THE OPENWORK FOUNDATION | £1.2m | — | 0 | unclear | — | no doubt |