Our Moon is committed to working in an open and transparent manner. This is not only to comply with governance and regulatory requirements, but also to set a strong example to our students so that they become tomorrow's ethical leaders.
Accounts & Finances
Our Moon’s accounts are prepared in accordance with Section 130 of the Charities Act and comply with the Charities (Accounts and Reports), 2008.
- Charitable activities (85%)
- Support costs (6.5%)
- Fundraising (is 9.5%)
OVERVIEW OF LATEST ACCOUNTS
Income rose from £52,356 in 2018 to £127,550 in 2019 including a one-off donation of £55,200 for buildings.
At the end of the year, the charity has investments in fixed assets are £77,618 (2018: £4,960) unrestricted funds are £22,203 (2018: £8,914) and restricted funds are £7,214 (2018: £13,450).
Amount spent in the year was £120,087 (2018: £43,658). This was split between expense on the charitable programmes of £47,429 (2018: £38,698) and investment in fixed assets in the year of £72,658 (2018: £4,960).
Our Moon's policies are agreed by our Board of Trustees in accordance with the Charity Commission and the Fundraising Regulator. Our policy statements are below: