Company no. 2844191
Charity no. 1025787
Springboard Opportunity Group
Report and Unaudited Financial Statements
31 August 2021
SPRINGB ABP
OPPORTUNITY GROUP

Springboard Opportunity Group
Contents
For The Year Ended 31 Au
ust 2021
Page
Report of the Trustees
Reference and Administrative Details
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Cash Èlow Statement
10
Notes to the Financial Statements
11-16

Springboard Opportunity Trust
Report of the Trustees
For the
ear ended 31 Au
ust 2021
The trustees are pleased to present their annual trustee directors, report together with the financial
statements of Springboard Opportunity Group (the "charity") for the year ending 31 August 2021. The report
has been prepared to meet the requirements of a Directors, Report and Accounts for Companies Act
purposes.
Additionally, the financial statements comply with the Charities Act 2011, the Companies Act 2006, and
Accounting and Reporting by Charities Statement of Recommended Practice (SORP) applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective as of 1 January 2019). Reference and administrative
information set out on page 8 forms part of this report.
INTRODUCTION TO THE CHARITY
Springboard is a Registered Charity and Company Limited by Guarantee established under a Memorandum
of Association which sets out its objects and powers. It is governed under the Articles of Association. It
provides support, learning, care and play for children from birth to 5 years with additional needs and
disabilities in North Somerset. It was set up in 1986 by a group of local parents.
OUR PURPOSES AND ACTIVITIES
Vision
That every child from birth to 5 years in North Somerset has the care, education, support and
opportunity they need to reach their full potential.
Mission
To give the best possible start in life to children under 5 with additional needs and disabilities by
providing specialist early learning and interventions and offering support and friendship to their families
across North Somerset.
Values
Inspiring
We are innovative and open to ideas. We are bold and adventurous, determined to do our best for
every child and family.
Positive
We celebrate achievements, no matter how small, in children and each other. We explore and
learn together, striving to improve.
Fun
We are creative and inventive, making learning through play enjoyable and fun.
Friendly
We are caring, warm and welcoming. We create a safe and nurturing environment for both child and
family.
Our aim is to improve opportunities for children with additional needs from birth to 5 years, and
their families, in North Somerset.
Within this our specific aims are:
Providing inclusive and positive play and learning experiences whilst building on children's
individual strengths"
Empowering families by giving support, information and guidance.
Contributing to multi-agency partnership working and community involvement in North Somerset;
Developing and evolving as an innovative organisation;
Continuing to remove barriers.

Springboard Opportunity Group
Report of the Trustees
For the
ear ended 31 Au
ust 2021
continued
ACHIEVEMENTS AND PERFORMANCE
Activities to achieve our aims inGluded:
The academic year 2020121 has been challenging, unique and different but a successful year. It
would be fair to say that this past year has been the hardest year for education and early years
settings in living memory and the staff have all risen to the challenges with a calmness and kindness
that belies any anxieties they may have been feeling.
All four of our settings were full to capacity at the end of the year with a waiting list at each for the
following year. In addition, sixty-eight families were receiving Family Support in the community. We
were able to offer a summer playscheme for two weeks at Ashcombe and Clevedon.
Our Inclusion Service was closed between January and April 2021 due to covid restrictions to protect
staff and children. Once this resumed there was an extensive waiting list for support.
We invested in online accredited courses to ensure our staff participated in high quality CPD to meet
statutory requirements during the challenge of covid restrictions. Some of our other significant
training included 'Early Years Leadership Programme, for Senior Early Years Practitioners,
'Supervision' training for practitioners and support for children and families with EAL. We continued
a project with our partners 'TALK Therapy, to improve our practitioners skills in supporting our
children's communication in the playroom.
Springboard continues to work closely with the Local Authority and inter-agency partners.
Partnerships with local special schools are continuing to remain strong with regular meetings
between senior leaders.
At the end of a very challenging year for charities, Springboard fully utilised all government funding
schemes to ensure future viability.
A management review was undertaken following the retirement of one of the joint CEOS which
allowed the charity to improve its organisational leadership, clarify the setting manager roles and
responsibilities, review staffing costs, ensure financial stability and viability, and ensure opportunities
for professional development and succession planning. A full-time, single CEO was appointed and
the new management structure commenced in September 2021.
Public Benefit
The Trustee Directors and staff acknowledge the importance of working for the public benefit and achieve
this in a number of ways. Our core activities focus on and are undertaken in the furtherance of our
charitable purposes and for the public benefit.
In determining the charitable objectives and planning the activities as set out in this report the Board has
fully considered the Charity Commission's guidance on public benefit. The Charity relies on a mixture of
grants and, to a lesser extent, on fees and charges to cover its operating costs. In setting the level of any
fees and charges the Board gives careful consideration to the accessibility of the Charity's services.
Over our financial year to 315t August 2021 COVID-19 IoGkdowns and other restrictions continued
somewhat to disrupt our operations and lessened our ability to provide services for children, parents and
carers.
Due to reduced face to face hours with children, normal funding from Government authorities over the year
decreased by £26,391 from £311,478 in 2019-20 to £285,087 in 2020~21 . Early Years Provider lockdowns
were not as severe as in the previous year and so job retention scheme funding towards furloughed
employees, salaries also reduced by £14,834 from £32,757 to £17,923.
Largely due to social distancing rules, most normal face to face fundraising activities could not take place,
and so donations by the public were down by £33,906 from £65,759 to £31,853. similarly trading activities
income was down by £5,447 from £7,300 to £1,853; income from training services provided to third parties
and sundry fees / subscriptions from parents and others fell by a similar amount.

Sprinqboard Opportunity Group
Report of the Trustees
For the
ear ended 31 Au
ust 2021
continued
The foregoing reductions were reflected in management accounts losses and were worrying for a time.
Ultimately they were more than counterbalanced by an increase of £152,930 in grants received from
£53,134 to £206,064, in response to sustained applications from our dedicated staff. Everyone at
Springboard is extremely grateful to grant givers for their significantly increased generosity over a period
when it was sorely needed. They have enabled our charity to end the year in 2 State of good fin2nci21 he21th
when the reverse could so easily have been the case.
Deferred grant income of £69,031 (see Note 13) has been carried forward to fund activities in the current
financial year to 31 August 2022.
Due to the large increase in grant income, we were able to retain staff and fund an increase in expenditure
of £65,805 compared with 2020 from £519,283 to £585,088. Despite the usual living wage increases and a
management restructure, the payroll bill increase was held at 4 % (£20,146) thereby enabling the properties
and office equipment to be maintained to an acceptable standard, with an additional £22,185 being applied
towards direct costs of development and education.
Overall, donors and staff achieved an operating surplus of £23,053 compared with last year's £22,185. After
deducting non cash depreciation, we turned in an overall surplus of £4,460 (£3,574 in 2020). Our current
assets have increased from £257,485 to £275,748, which very significantly exceeds current liabilities of only
£31,671 (having deducted deferred income of £69,031). Seven of the last ten monthly management
accounts to 31 st December 2021 have shown a surplus. The new Omicron scare gives cause for concern
but if it proves to be manageable there is little reason to doubt that Springboard can for the foreseeable
future continue to deliver the excellent services for which it is renowned, and perhaps in due course
increase their SCODe.
Our Non Government Grant Funders
We are grateful to have received funding from the following organisations this year:
James Tudor Foundation
Tesco
The National Lottery Community Fund
Portishead Nautical Trust
Garfield Weston Foundation
Quartet Community Foundation
Elizabeth & Prince Zaiger Trust
Co~op Local Community Fund
BBC Children in need
Sobell Foundation
Bally Thomas Charitable Fund
The Lyn Foundation
Sylvia Adams Charitable Trust
Western Power
Bristol Water
Jules Thorne
Henry Smith Charity
Global's Make Some Noise
Morrisons Foundation
St James Place Foundation
Percy Bilton Charity
Avon & Somerset Police Community Trust
ND Community Health Mental Health Grant
CAF Resilience Fund
Edward Gostling Foundation
North Somerset Council C19 - Discretionary Funding
Neighbourly Micro Grant

Springboard Opportunity Group
Report of the Trustees
For the
ear ended 31 Au
ust 2021
continued
Investment Objectives and Risk
The Trustees, having regard to the liquidity requirements of operating the charity, have kept available
funds in interest-bearing deposit accounts and seek to achieve an acceptable rate on deposit. The
Trustees are mindful of the £85,000 FSCS limit on compensation for banking failure and have spread
available funds accordingly across various institutions.
Reserves Policy
We take management of our resources very seriously- the Finance and Premises sub groups meets
bi-monthly to review all areas of income and expenditure in detail and reports back to the full board.
We have an extensive Financial Controls policy which includes our reserves policy:
The Charity needs reserves in order to meet various possible contingencies including:
delays in receiving funding from a variety of funders, for whatever reason, including Covid
to act as a reserve in the case of changing levels of funding
to cover the cost of winding up some or all of our services
the need to make provision for possible staff redundancy
the need to cover unanticipated future liabilities
The Board has established a policy whereby the unrestricted funds not committed or invested in tangible
fixed assets held by the Charity should be at least 25 % of the annual budget, which equates to 3 months of
the resources expended from general funds. At this level the Board feel that they would be able for a period
to continue the current activities of the Company in the event of a significant drop in funding. It would
obviously be necessary to consider how the funding would be replaced or activities changed. If at any time
the free reserves do not meet this target the Board will consider ways in which additional unrestricted funds
can be raised. The Board will monitor and review the position of the reserves at least once a year.
At 31 August 2021 the charity had free reserves/unrestricted funds of £165,869. The target of 3 months
expenditure is budgeted to be around £151,000. The trustees believe that the free reserves held are
reasonable.
Goals for 2021-2023
Provide high quality early education for children with a wide range of SEND, investigating and
implementing effective intervention strategies.
2. Respond in a timely manner to the changing needs of parents, carers and families.
3. Improve collaborative working with families, partners and the local community
4. Increase our income and involvement from a range of supporters whilst maintaining robust
financial procedures.
5. Maintain a strong management framework and effective support for all staff
Our Challenges and Risks 2021-23
Recovery from impact of COVID-19 on both service delivery and finances
Raising the funds and finding a venue to expand provision to meet the needs of North Somerset
children and families
Structure, Governance and Management
The Charity is a company limited by guarantee and not having a share capital. It operates under the terms
of its Memorandum and Articles of Association.
The overall direction and management of the Charity lies with the Board of Trustee Directors (the "Board").
The Board meets at least twice a year to set strategy, approve plans and review and monitor progress in
achieving the targets set by the Board.
The Board is ever mindful of the need to recruit appropriately experienced individuals to serve as trustees
and to ensure continuity of appropriate specialist skills and services. New trustees are appointed for their
relevant commercial or service deliverv knowledqe.

Sprinqboard Opportunity Group
Report of the Trustees
For the
ear ended 31 Au
ust 2021
continued
New trustees are briefed by the current Chair of Trustees and the Chief Executive Officer on:_
their legal obligations under charity and company law,
the Charity Commission's guidance and company law,
the Memorandum and Articles of Association,
the committee and decision-making processes,
the business plan and recent financial performance of the charity, and
any other relevant information.
They also undertake tours of the charity when they meet staff and are introduced to the work of each aspect
of the charitable work.
Staff salaries are reviewed annually and benchmarked against charities of a similar size and structure.
Risk Manaqement
The Charity maintains a risk register as part of its risk management processes. The register is accessible to
all managers who can add new incidents and risks of any nature (e.g. governance & management; child
protection issues; operational. financial. external & environmental and compliance) as soon as they are
identified or occur. Risk management policies set out how each risk or incident is scored relative to the
likelihood of occurrence. recurrence and estimated impact. The register is regularly reviewed by the
relevant sub group meetings who report to the Board at least annually.
Trustees, responsibilities in relation to the financial statements
The charity trustees (who are also the directors of Springboard Opportunity Group for the purposes of
company law) are responsible for preparing a trustees, annual report and financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure, of the charity for that period. In preparing the financial
statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable UK accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and to enable them to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Statement as to disclosure to our auditors
In so far as the trustees are aware at the time of approving our trustees, annual report:
there is no relevant information, being information needed by the independent
examiner in connection with preparing their report, of which the independent examiner
is unaware, and
as the trustees of the charity we have taken all steps that ought to have been taken
in order to make ourselves aware of any relevant information and to establish
that the charity's independent examiner is aware of that information.
Approved by the Trustees on: 20. 3 . ZQ2Z
and signed on their behalf by

Springboard Opportunity Group
Reference and administrative details
For the
ear ended 31 Au
ust 2021
Company number
2844191
Charity number
1025787
Registered office and operational
address
2a Princes Road
Clevedon
North Somerset
BS217SZ
Trustees
Trustees, who are also directors under company law, who
served during the year and up to the date of this report
were as follows:
Elizabeth Manning - Chair
Peter O'Duffy - Treasurer
Diane Scarborough
Linda Shaw- resigned 19107121
Hayley Lewis
Don Mccallum - resigned 30103121
Louise Petersen - resigned 24111120
Jenie Eastman - appointed 19107121
Chris Roberts - appointed 13109121
Anthony Keyworth - appointed 16111121
The Trustees of the charity are directors of the company
for the purposes of the Charities Act 2013.
Executive officers at 31 August 2021
Ruth Glover and Liz Smith
Principal bankers
CAF Bank Ltd
Independent Examiners
Burnside
Chartered Accountants
61 Queen Square
Bristol
BS14JZ

Springboard Opportunity Group
To the members of
rin
board O
ortunit Grou
I report to the charity trustees on my examination of the accounts of Springboard Opportunity Group
for the year ended 31 August 2021
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination
of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination
because l am a member of the Institute of Chartered Accountants in England and Wales, which is
one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
accounting records were not kept in respect of the company as required by section 386 of the
2006 Act. or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination. or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities [applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Name: ..
Relevant professional body:
Mark Pooley, FCA
Institute of Chartered Accountants in England & Wales
Address:
Burnside
Chartered Accountants
61 Queens Square
Bristol
BS14JZ
Date:

Springboard Opportunity Group
Statement of financial activities (incorporating an income and expenditure account)
For the
ear ended 31 Au
ust 2021
2021
Total
2020
Total
Restricted
Unrestricted
Note
Income from:
Donations, grants and legacies
Charitable activities
Other trading activities
Other income
Investments
171,997
83,213
332,349
1,853
255,210
332,349
1,853
151,650
363,322
7,300
136
136
585
Total income
171,997
417,551
589,548
522,857
Expenditure on:
Raising funds
Charitable activities
942
394,017
942
584,146
403
518,880
190,128
Total expenditure
190,128
394,960
585,088
519,283
Net income l (expenditure)
(18,131)
22,591
4,460
3,574
Transfers between funds
Net movement in funds
(18,131)
22,591
4,460
3,574
Reconciliation of funds:
Total funds brought forward
232,049
143,278
375,327
371,753
Total funds carried fonmard
213,918
165,869
379,787
375,327
All of the above results are derived from continuing activities. There were no other recognised gains or losses other
than those stated above. Detailed movements in funds are disclosed in Note 16 to the accounts.

Springboard Opportunity Group
Balance sheet
Asat31Au
ust 2021
2021
2020
Note
Fixed assets
Tangible assets
10
204,741
223,334
Current assets
Debtors
Cash at bank and in hand
11
6,854
268,894
4,519
252,966
275,748
257,485
Liabilities
Creditors: amounts falling due within 1 year
12
(100,702)
(105,492)
Net current assets
175,047
151,993
Net assets
15
379,788
375,327
The funds of the charity:
Restricted funds
Fixed asset reserves fund
Unrestricted funds
16
9,177
204,741
165,869
8,715
223,334
143,278
Total charity funds
37
,788
,327
The Trustees are satisfied that the company is entitled to exemption from the provisions of the Companies
Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and
that no member or members have requested an audit pursuant to section 476 of the Act.
The Trustees acknowledge their responsibilities for:
ensuring that the company keeps adequate accounting records which comply with section
386 of the Act, and
(i)
(li)
preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of the financial year and of its surplus or loss for the financial year in
accordance with the requirements of section 393, and which otherwise comply with the
requirements of the Act relating to financial statements, so far as applicable to the company.
These financial statements have been prepared in accordance with the special provisions for small companies under
Part 15 of the Companies Act 2006.
Approved by the Trustees on:
and signed on their behalf by
Beth Manning - Chair
Company No.2844191

Springboard Opportunity Group
Cash flow statement
For the
ear ended 31 Au
ust 2021
2021
2020
Reconciliation of net incomel
ex
enditure
to net cash flow from o
eratin
activities
Net incomel(expenditure) for the reporting period
(as per the statement of financial activities)
4,460
3,574
Adjustments for..
Depreciation charges
(I ncrease)/decrease in debtors
Increase/(decrease in creditors)
18,593
(2,336)
(4,791)
18,611
3,439
48,870
15,927
74,4
Cash used in operating activities
15,927
74,494
Tax Paid
Cash flows from investing activities..
Proceeds from the sale of fixed assets
Increase/(decrease) in cash and cash equivalents
15,927
74,494
Cash and cash equivalents at beginning of year
252,966
178,472
Cash and cash equivalents at end of year
26
94

Sprinqboard Opportunity Group
Notes to the financial statements
For the
ear ended 31 Au
ust 2021
Accountinq policies
a) Accountinq convention
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities
SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the
Companies Act 2006.
Springboard Opportunity Group meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting
policy note(s).
b) Preparation of the accounts on a qoinq concern basis
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which
the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material
known uncertainties about the charity's ability to continue as a going concern.
c) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the
item(s) of income have been met, it is probable that the income will be received, and the amount can be measured
reliablv.
Income from grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to
the funds, any performance conditions attached to the grants have been met, it is probable that the income will be
received, and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has
been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a
distribution will be made; or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is
only considered probable when the amount can be measured reliably and the charity has been notified of the
executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware
of the granting of probate, and the criteria for income recognition have been met, then the legacy is treated as a
contingent asset and disclosed if material.
d) Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the
item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use
by the charity of the item is probable and the economic benefit can be measured reliably. In accordance with the
Charities SORP (FRS 102), general volunteer time is not recognised.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift
to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of
equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the
period of receiDt.
e) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
charity: this is normally upon notification of the interest paid or payable by the bank.

Springboard Opportunity Group
Notes to the financial statements
For the
ear ended 31 Au
ust 2021
5. Other trading activities
2021
Total
2020
Total
Restricted
Unrestricted
Fundraising events and activities
1,854
1,854
7,300
Total income from other trading activities
1,854
1,854
7,300
6. Total expenditure
Developt.
Support &
governance
costs
Raising
funds
education
services
2021 Total
2020 Total
Direct fundraising costs
942
942
403
Charitable activities
Staff costs (note 8)
Direct costs of development
and education
Propety costs
Office costs
Corporation tax
Accountancy and book-keeping
Depreciation
479,309
479,309
459,163
31,150
37,689
15,497
31,150
37,689
15,497
8,965
19,578
10,800
1,g07
1,907
18,593
1,763
18,611
18,593
582,239
1,907
584,146
518,880
Allocation of support costs
1,907
1,907)
Total expenditure
942
584,146
585,088
519,283
2021
Total
2020
Total
Restricted
Unrestricted
Direct fundraising costs
Staff costs (note 8)
Direct costs of development
and education
Property costs
Office costs
Corporation tax
Accountancy and book-keeping
Depreciation
942
344,792
g42
479,309
403
459,163
See SOFA
134,517
37,018
(5,868) )
37,689 )
15,497
31,150
37,689
15,497
8,965
19,578
10,800
1,475
1,475
18,593
1,763
18,611
18,593
190,128
394,528
584,656
519,283

Springboard Opportunity Group
Notes to the financial statements
For the
ear ended 31 Au
ust 2021
7. Net movement in funds
This is stated after charging:
2021
2020
Depreciation
Independent Examiners, remuneration:
Independent examination
18,593
18,611
1,475
1,763
8. Staff costs and numbers
Staff costs were as follows:
2021
2020
Salaries and wages
Social security costs
Auto-enrolment pension costs
Recruitment costs
DBS checks
Staff expenses and travel
Staff training
442,717
18,254
6,479
187
1,069
7,393
3,211
426,254
16,305
6,447
194
1,086
7,213
1,664
479,309
459,163
No employee received emoluments over £60,000 during the year (2020: Nil). No remuneration was paid to the Trustees.
Trustees, expenses reimbursed amounted to £Nil (2020 - £Nil).
The key management personnel of the charity comprise the Chief Executive Officer and the five managers. The total
employee benefits of the key management personnel of the charity were £147,255 (2020 - £116,948).
2021
No.
2020
No.
Average head count
39
39
9. Taxation
2021
2020
Corporation tax

Sprinqboard Opportunity Group
Notes to the financial statements
For the
ear ended 31 Au
ust 2021
10. Tangible fixed assets
Leasehold
buildings
Fixtures &
fittings
Total
Cost or valuation
At 1 September 2020
Additions
Disposals
335,000
44,620
379,620
At 31 August 2021
335,000
44,620
379,620
Depreciation
At 1 September 2020
Charge for the year
Disposals
111,666
18,593
44,620
156,286
18,593
At 31 August 2021
130,259
44,620
174,879
Net book value
At 31 August 2021
204,741
204,741
At 31 August 2020
223,334
223,334
11. Debtors
2021
2020
Trade debtors
Prepayments
1,590
5,264
217
4,302
6,854
4,519
12. Creditors . amounts due within 1 year
2021
2020
Trade creditors
Other taxation and social security
Accruals & deferred income
344
7,665
92,693
2,086
7,246
96,160
100,702
105,492

Sprinqboard Opportunity Group
Notes to the financial statements
For the
ear ended 31 Au
ust 2021
13. Deferred income
2021
2020
Deferred income comprises grants received in advance.
Opening unexpended balance as at 1 September 2020 (2019)
Grant amounts received
Amounts released to expend on charitable activities
Net Amount deferred in year
73,427
241,003
(245,399)
29,192
(29,192)
73,427
Balance as at 31 August 2021 (2020
69,031
73,427
14. Operating leases
2021
2020
The total future minimum lease payments under non-cancellable operating leases are as follows:
Not later than one year
Later than one year and not later than five years
Later than five years
2,641
11,993
14,121
2,190
8,760
15,330
28,755
26,280
15. Analysis of net assets between funds
Restricted Unrestricted
funds
funds
Total funds
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
204,741
9,177
204,741
268,894
(93,848
259,717
(93,848
Net assets at 31 August 2021
213,918
165,869
379,788

Sprinqboard Opportunlty Group
Notes to the financial statements
For the
ear ended 31 Au
ust 2021
16 Movements in funds
Transfers
between funds Balance
At31
At 31 August August
2021
2021
Balance
At1
September
2020
Income Expenditure
Restrlcted grant funds:
Quartet Foundation Coronavirus Recovery & Stabilisation Programme
Quartet Foundation Coronavirus Response Fund
BBC Children in Need
Co-op Local Community Fund
Sobell Foundation
Global's Make Some Noise
The National Lottery Community Fund
Henry Smith Charity
Morrisons Foundation
St James Place Foundation
Percy Bilton Charity
Avon & Somerset Police Community Trust
ND Community Mental Health Grant
Tesco Bags of Help
CAF Resilience Fund
Portishead NautlGal Trust
Edward Gostling Foundation
10,000
3,000
5,047
5,580
10,000
47,404
3,802
41,667
5,000
2,500
500
1,000
5,667
1,000
23,330
1,500
5,000
(10,000)
(3,000)
(10,965)
(3,951)
(10,000)
(42,653)
(3,802)
(41,667)
(5,000)
{2,500)
(500)
(1,000)
(5,667)
(1,000)
(23,330)
(1,500)
(5,000)
5,918
2,797
4,426
4,751
Totals
8,715
171,997
171,535
9,177
Fixed asset restricted fund:
Weston Building less depreciation
Clevedon Building less depreciation
56,668
166,666
(4,718)
13,875
51,950
152,791
Totals
223,334
18,593
204,741
Unrestricted Funds
General Fund
143,278
143,278
417,551
417,551
394,960
394,960
165,869
165,869
Total funds
375,327
589,548
585,088
379,787
Purposes of restricted funds
Quartet Community Foundation - towards staffing costs
Quartet Community Foundation - C19 response funding including remote family support and contribution to increased costs
BBC Children in Need - holiday playschemes
Co-op Local Community Fund - minibus trips and healthy snacks
Sobell Foundation - towards running costs of Springboard South Weston
Global's Make Some Noise - towards speech therapy, staff training and senior practitioner salary
The National Lottery Community Fund - towards bank staff salaries
Henry Smith Charity - towards running costs with specific exceptions
Morrisons Foundation - towards Clevedon playroom flooring
st James Place Foundation - towards Clevedon playroom flooring
Percy Bilton Charity - towards Clevedon playroom flooring
Avon & Somerset Police Community Trust - towards adaptations for Covid 19
ND Community Mental Health Grant- enhanced family support
Tesco Bags of Help - improvements to the Weston garden
CAF Resilience Fund - towards salaries of senior practitioners
Portishead Nautical Trust - towards funding "SPARCS" (Supporting Parents Around Routines and Communications Skills) course for parents
Edward Gostling Foundation - towards bank staff salaries
17. Related party transactions
The trustees of the charity are not aware of any related party transactions in the reporting period.