Open College Network Northern Ireland

Northern Ireland charity NIC100241 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£3.1m
Latest spending
Accounts read
FY2025

Website: www.ocnni.org.uk

Financial health, per FY2025 accounts

The accounts state that the charity finished the year with a healthy surplus of £335,662, generated from centre and learner registration fees. The trustees report that the organization is self-financing and reinvests all resources back into the development of new qualifications. A pension deficit liability of £14,498 is disclosed, which the board monitors via a Pensions Committee.

What the accounts disclose

Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Reserves policy: 18 months of recurrent overhead expenditure
It has an established reserves policy that requires OCN NI to hold free reserves equivalent to 18 months of recurrent overhead expenditure
Per FY2025 accounts as filed with CCNI.
Largest income source: none
OCN NI continues to generate income from its annual centre and learner registration fees.
Per FY2025 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.