Company M. 2844191 Charity no. 1025787 Springboard Opportunity Group Trustees. Report and Financial Statements 31 August 2023 SPRINGBG.IABP OPPORTUNITY GROUP _= llllllllllNII •AD21QP76' #27 COMPANIES HCMJSE Sprlngboard Opportunlty Group Contents F r Th• Y•ar End•d 31 Au ust 2023 Pag• Report ¢lth• Trnslees Refw•nc• and AdministAtiv• ￿tailS Independent Examin•trs Report Stat•mènt of Financial Act•vilies Balance Sheet Cash Flow Slat•m•nt 1Q Not•s to th• Flnanclal Stat•m•nts 11-18 Springboard Opportunity Group Report of the Trustees For the ear énded 31 Au ust tr23 It4TRODucnoN TO THE CHARiff SpringtM)ard is a Regisler*J Chanty and Company Limited by Guarantee éstablished under a Mamorondum which sèts out it5 objecis and powers. Ils goveming rules are contained in Articles of Association. h provides support, leamin9. care and play lor children fr￿ birth lo 5 years Ntho have a&4itional needs and droab￿lIItis. Its operational aiea 1$ North Somerset. 11 was set up in 1986 by a group of local parents. Additi)nally, th? financial statements ¢ompty K*ryth the chan1￿$ kt 2011. the Companies Act 2c￿. and Attounting and Reporting by Charities S&￿ement of Recommended Practice ISORPI applicable to charitie5 prepanng their accounts in 8CcOrdan￿ with the Financial Rewrtsng Standard applicable in the UK and Republic of Ireland IFRS 1021 (effecttve a5 of 1 j￿Uary 20191. Reference and administrative Inforn￿tiOn as set out on page 6 fomis part ol this report. OUR PURPOSES AND ACTivmES V*ion That every child frfxn ts.nh to 5 years in North scrf￿rSet has the ca￿. edUCa￿n. support and ¢)pportunty the opportunity to feach th&r lull potent￿. Is$ion To give the best possib￿ stsrt in life to thildren under 5 with addib'onal needs and disabilrties by pro￿￿1n9 $pe¢ialist earty leaming and interventtons and offering support and friendship lo their famil*s across somer￿1. Values Inwnng We innovative and open to Kleas. W• arn bold and aventurous. d*miined to do our best for every child and famity. Posiiwe We celebrate achievements. no matter huw small. by thiklren and eath other. We eWor8 and leafn together, sthving lo imw)ve. Fun We are creative and invenlwe, making leaming through play enpy*le and fun. FJryeTrYIy We are caring. warm and wekorrmng. We ¢reale a safe and nurturing environment for both ehild and family. Our aim is to improve opportunities for thiklren adthional needs from birth to 5 year5, and for their families. in Nrjrth Somerset. A¢H1EVEMEP￿s AND PERFORIAANCE Activities to xhieve our aims included: Folb)wing the 2 previous yeats ￿there COVID had major impacts on serM¢e delNery, SOG settings werÈ futly open and aclNe in the years 22r23. Finances conts.nue to be ¢losety monitored by both senior ka(1ers and Iruslees ensuring that the oTganisation remained in as strong a po$rt￿n as p)5sible foi the forthcoming year. Sprfngknmrd Opptytunmy Group Roport of the Trustees (contlnued) For Iho ••r Wqd 31 Ust 2023 Provlde hlgn quaIty•arfy•a￿t￿nl0 rarvJè rfSEND. Ir•"ng and Imp5￿*￿1nY •ffecti Int•rveniion •fes. QuiSouif* VVesloD base ¥Jt Ihe k*alby LMr¥J Cerrtre w Rryecbj bycthd thij ￿araThI l am p*8Md te report that tra staff leam ¢apabty Ma￿ts1￿ ttv"r Chjtstsnding gr*. th• èxeÈptioTral supptht that our services offer 1¢ ¢hildien and Iheir famikps n an ale8 of hKJh deprNatsn chihyren faL* atsjitional chalws and vulner￿lI1￿e8. usé ol thg springboa￿ C(ryetew Framtsty* ènd peer 5UPPOrt ¥fftJrk Ihe pla￿o￿nS hes contsnue¢J to slrenglhen staff experti8e using SCEFITS ISOCMI C4>rrrfnvrMtatiw Emtsonal ReguPdtion Tran5xMnal Support). Spee¢* attd LaNJuage Therapy ISLTI n¢w attend SwingWrrJ staff pe¥ tern enabk.ng staff lo raisè ￿Y quer&s and advKe on how besi to 5UPPOrt irbymlual thiklren. AnatysK8 of chthlrem'5 wtyress for thrd ￿r, sho¥vs that69% olthibJren across all Springboard ba￿$ made at teasl one step ol&¥tyre$5 In Crrnunration & LaThJuage 15 ffify-four chrfdren. Cth7¥Jared ￿1h 185t yeaf Ib￿ is 8n In¢rease ol Ferceni and ewates to Me 3dd*wal (*IY This Is OVeT Ihe 51% thatroukl descrts'mo8t thildren. bul mar9￿aNY ￿$$ than our irrforni* largelof 70% Four Cnid￿ fft8(fe ￿ step5 c* progress the course ofthtr hear hith Is fwe pet￿nt. Carnpared lasl year. thi% 15 a deu¥5e pefceni wh¥th equates chihj The sènior le*Jershp te4m ha￿ SFenl this sear uJfr*ards to mentors and othw sp8c4alist OV￿Or$ to ensvre thai our skill5 aTrJ kTh0￿e are kept wjated arwj ¢)rr¢rt T1*5 has enaY&I batsr5 to continue to evaluats our ba5e5 10 ensure the testpxsib* thrtcome5 fOrt￿b￿ren. Goal 2 R¢spond In a ts.mety mannerto Ilw ch•nying r*•ds of parorts. aThJ famili0& Parental 5uryeys, case studios a￿l'FamIlY ￿f0FMa{￿in to Infomi ouf fDrllte luture. Fer example. Foll(pwing Ihe increase in nun**rs ofthildrRn waitin9 for SpnTrJWrd Sess*￿$. Iho op•nu19 of oui new base 81 Va Pnmary S¢h¢ol n No¥erter has en•bknJ additional occess 5UFWt wrth 13 th￿￿re￿ accwn9 12 hwrs ofearly yea15 education rerweek. ¢JibThialgrafit frDm Sofflets￿Neahth tsamw88 seDfftd toknd Fl*fttheme foutywing thè end oleur'childw wi Need. gfani A mid-yeAr pareAt¥l Survey N) FebnJary be￿ lo o*e¢k*) pwents rnc￿ Regular coffee mum*igs and Slay & PI¥y 8e$5th$ infornTrAthen Ihele i% for p￿￿[￿81 w?rkshLV# i.e. Sl•lfvJ Pdnts. Hw appty forcisabthty r OLAi. lJlo¥ty Goal 3 Impro¥• ¢ollabor•ll¥eTNorttinywith f¥nili•s. p•lnets and Ihe loul eoftfftunlty. Sen￿r leader5 ha¥• conb'nuthj to vrith setkng5 Sd￿15 35 part ofth¢ c￿ EApBrts m￿lor$ programm• to Improve pr¢)vision lor thikjren wder 5 in mainslream setbry. Trls hasty4Wtab￿rfdDXer I"atson bthh*en our m8n8gets and the North Scffièrspl EY Team A co￿￿tta￿On stall. parthers selty Wb) ThwJ¥ecwsW bj in mainstream 5ettwqs. our InckJsb?n Seryi(8. bKJhl%JhteO that Ihere ￿re s¥Jnffrantdfftu￿S armj tha￿rVJes Ihs The resutt offfluch *JL8vJssion and 8valuation was thè *aSU￿ ol the Ir￿u$￿ from the ethj of U)e.IcèJernK year 19 31$1 Augusi 2023. has since b8•n for Indi¥AduaJ chifdren. ourW￿ wlh North Somersel Eaty Years and SEN tewns Our Day￿$ i5 $tepp•cl back Ircrfn Senco and w85 rEFAaced by Senv PraL*tbjr￿ts. sharw)g the iirfe frtyn SeFdember. Goal 4 Incr•ase our Incor￿ and In￿1¥eMe￿fvOffl a rtngE of *thltst malntaninu mtwJstfinanclal proc•dures. Fundiaising ctrmmunty partrw5 ha5 r&$tarted loitr￿n9 the Cth**19 pandernK. T¥w ¢y￿day-a-￿&k Grant Man4 pjsts have ueated has enabknl el￿n¢*J Springboard staff Thrnbers fwspecffjKgTanl applic4bon actwity. Regularmonrtaifftg ar￿ ¢fovr monthly btyl has kept our Ir￿￿ and expendth>re on target. Thi4 has mÈant that de8piie Ihe larger than e¥w¢ed 5a* meases ffi 2023. ts annual ￿22.23 buthaethas been ¢￿15 41rtaln a strong rnawoff￿t Iramowork and offqdive support fvrall $t4ff. Staff suNey resuNs in November h¥hhJhted the r*d for communtst*Jn opJani5athJn StaftlwMetin6 are nowteiig sh8red monthty. **kning support 15 hbjhhjhted as 35 a Ixus on each setty TheAxt of BrIlian￿ has wthed *ilh Staff ty*rthe year lo gNe ￿d￿h*jaI easy strategEs to mathtsHI a more posth￿ outtct*. artd wpporttheir o Sprlngboard Opportvnity Gr¢)up Report of the Trustees (continued) For th• ear ended 31 t 2023 contlnued Our Ablllty to Provide Publ1¢ B•n•fft The Truslee-Directors and staff ackntr*l* the inportance of*YJrking for the publ¢ benefit and achieve this in a number of ways. Our core acts.v￿es focus on and are undertaken in the fvrtherance of our charitable purposes and for the wblic be￿fft. In detem7ining the charitalje obJectNes and planning the actmbes as set out in this report the Board has fulty Considered the Charty commissi￿.$ gu￿anCe on public benefit. The Charity relies on a mulure of local government fvnding, grants and donations and, to a lesser extent, on fees and charges to cover ils operab.ng costs. In setting the levd o." any fees and charges the Board gNe$ careful ¢onsKleratsM to the accessibility of the Charivs Sery￿eS. Statutory fvndirw from Government aulhoriiiesover the year Frtwsed marginalty by £4,909 from £354,022 to £358,931 over the year. Despite Continuing Sustai￿ applKationg issuéd by our dethcated staff. this year grants income ueed by £19,276 Clynpared wth 2022 trom £175,767 10 £156.491. Post COVKI. nomal fundraising actwittes resumed, and so donatk)ns from the publ￿ up by £51.730 from £42.559 10 £94,289, an increase of more than 100% Income from training serV￿e$ provided to third parties plus sundry fees I subscription from ￿ents and oihers rose by £39.857 from £82.288 tt> £122,145. Finally. ev8nts and acts"viti8S tncome was up by £16.749 from £11.004 10 £27,753. Springboard could not conb.nue to provide the hwdh ￿Ve1 of services it does ￿thout generous grants, donations and other income wh￿h is es5entFal to suppknent Govemment funding. Deferred income of £120.157 (see Note 131 ha5 toen car.*d forward to fun0 actplittes in the cuffent financial year to 31 August 2024. An overall incr&3se in funding by staknlory bod￿ and others, and some Specif￿ grantsldonab'ons. enabled us to add a new setb.ng at Mead Vale in order to signrftsnty increase our provision of seNices to ¢hiklren with auts"sm'. also lo relain and recNtt qualthed staff organisation-wide". and ger*r31￿ lo fund our increasitvj expenses and overheads. Largety pursuant to a 9.7%12022 6.6%) living wage increase, stsff costs grew by £69.397112.WAI from £539,127 to £608.524. Fuelled by severe inllalionary pressures. other expenditures. excluding property dep￿￿tion of £20,488, increased by £24.492131.6%1 from £77.395 to £101.887. Tola expenditure including deprecialion grew by £109,255117.6%1 from £621.644 to £730,899. Overall. hjnders and stsff achEved an oper*"ng surplus of £51.769. After deducting non24 Chanty isa 2offlp8nyliMdEdbqL4yar*e struthre. 5WKy1e3¢*ts￿le￿eJr*Ir￿tyerts¥￿ nsks¢l•Th natrr¢ieg. rn¥*Jewt The charitytrUS*es 3reakn￿￿[e￿tyS of￿7￿9]K￿[d mthei￿gemenls4r￿ statewthetherylie4th UK accL¥JrtThJ 51aTrtsnlsrth*tw In 80f•ra$ the b￿Stee53r¢ a*WE atty*tittWfI3FFYMq wbwl*&s'•Y￿rv.t Examlnerhast*￿ Maje t*¥e ofbhat w*eTr￿￿e& i G Kol •d sgiedon i£ J•ni• EawiaTh.Chabr Springboard Opportunlty Group Reference and administrative detsils For the oar ended 31 Au us¢ 2023 Company number 2844191 Charlty number 1025787 Reglstered offi¢e and principal operational addf•SS 2a PM¢es Road c￿ve￿ort North Somefset BS21 7SZ Tfu8tee8 Trustees. are also direetors under eompany law. who served during the year arKI up lo the date of this report were as follows." Elizabeth Manning- Chair- 28th IAarch 2023 Jente Eastman - Chair Peter O'Dulfy- Treasurer Diane SCaTt￿roUgh Chris Roberts Anthony Kewrth Simon Vin¢ent - appointed on 23rd January 2023 Dan*lle Vincent - apFontsd on 23rd January 2023 The Trustees of chartj. are also directors of the company for the purp￿ of the CoMpan￿S Act 20C6. Exècutive offic•rn at 31 August 2023 "Ruth Gk)wr Principal bankers CAF Bank Ltd Ind•p•nd•nt Examin Slephen 8um$ide FCA Burnside Chartered Accounlarts 61 Queen Square Bri5t BS14JZ EXAMINER'S REPORT roth• m•rnb•rn al As ts chwity'¥ oftha CtJTQWy lar4J •tso ffs d¥ec4ty5 of CLryWY Iw) ￿ are wcffislble of In8 Havng sab5f* mysd tr¢ Mxnts of the Ctynpany a￿ ￿1 rwired 10 t¢ aL￿thd urts Part 16 2tsJe AGt and are elvitAe lor Irktependenl exanMnatKn, I report in iespe¢J of ffly examv)aliM xcoun* •$ urrflEr secthrn 145 of the Charili85 Acl 2011 I'the 2011 kl?. In ca¢r)Y4 lxrt rny etsminal￿ I foyty*o by ts Chty under 145(S1 Ittl of 2011 Ad. sin￿ woss ￿cOM￿ èxe*eded £250.CIJ) yow te a mErnb¥ of • bc￿￿ itsied in 145 of thè 2011 Act. I confirn Ihat l amqu*Thled lo ￿rLIke l am amofflber ofU* Inslihle ofc￿t￿r1d kctythilants ￿ England and V¥*e5. ¢kne th•t'. ItuE and makn c4rtSRtered •$ part olin wthFwth*¢xaf(*l•W.' d ieporbng {•FWicabN* to ¢h*ribaS ryewH¥J In li* ffftarKi•l Slandard ¥Fgkat4È*)thD UK aTrJ Repthjlk rl IrelaNI IFRS 1021) N•ffl•: gi•ph•n Burn•lde FCA 27m312024 Sprlnaboard Opportunlty Gn>up ststement of Financial Activities (inCo￿OratIng an income and expenditure account) For the 31Au ust 2023 2023 Total 2022 Total Unr¢styi¢ted Income from: Grants, donations. fundraising and legacies Charitable actiVit￿S Tfading a¢tivi1*s Investments 166,491 84.289 481.076 27,753 2.570 250.780 481,076 27.753 2.570 218,325 436,310 11.004 199 Tol41 Income 1&%,491 595,687 762 180 665,839 Exp•ndlture on: Raising funds Charitable activfvs 9,163 533,357 9.163 721,736 854 620,789 188.379 Totsl ¢xp•ndityr• 188.379 542.520 730,899 621.644 Net Income l {expeTrdrturel Transfers beiween lunds other recognis•d galnslllossesl: GainWllossesl on ￿ValUat￿)n of fixed assets (21.888) 53.167 31.281 44,195 5,259 Net movement In funds 121.8881 53.167 31.281 49,454 Roconciliation of funds.. Total funds brought lO￿ard 21A.278 222.963 429.241 379.787 Total funds carrlgd forward 276 131 All of the above re5uts a￿ derived from conbnuing actvths. There were no other recognised gains ¢X losses other than those slated above. Detailed movements en some funds received are dbsch)sed in Note 15 to accounts. Spiinllboard Group Balance Sheet Asat31A 2023 2022 Fixed Tangible assets Curront assets Oebtors and Prepayrnents Cash at bank in hand 10 1M,3XI 204.878 11 5.711 439.380 14.455 315,454 329.gog c￿lto[s.. 8mttunts falling du• *ithul 1 year 12 168.958 105.54 Net currnnt assèts 276.132 224,363 N•tass•ts 429 241 Th• lunds of the charity= 'Fixed 05Set5 reserves fund Restricted lund Nel unreslricted funds To¢al charity funds 10 184,390 204,878 L76.132 222,962 429 241 The Trustées are $atisfied thal the Company 1$ enbued to exempti￿ Irorn thg pfDNisK>n5 ofthg Comwie$ Ad 20(￿ (the Acll relating lo the audit of Ihe fina￿la1 slatements for Ihe ￿ar ty ￿rfUe of section 477, and that no rnember OT rnembers have requesbj an audrt pursuant to sectm 476 01 Ihe Act The Trustées 8ckThx￿eOae Ihwr re5[￿SIbl￿$ for.. ensuring that the Company keeps adequate &ctyJrtirwJ recThds ¢x)mply $eth"on 386 of the Act. and preparin9 finaneAal slatements 9i¥e a Ift￿ and fair ¥1￿ ofthe stak of tsfthe ¢ompany as * thè ènd of the fiftancral yaar. and of rts surplus or loss forthe finanoal yw in a¢c¢rdance btrith the requirements of Secti￿ 393. which otherwise compty with the quirew￿ntS ofthe A(# relatsng to finarKial slaten*nts. 50 far as aPPl￿ble to the company. These financial ststements have been prepared in x¢ordaKe wilh the wovi5ions for $m*l comparries under Part 1S ofthè Compani08 Acl 2CQ8. Approveil by the Trustees on". and signed on Iheir behalf by J•nio Easlman- Chair Company Numl)er 02844191 Spi•nAboard Opportunity Group Cash Flow Statement h• •af• 1Au us12 Rèconclllation ol net inco nditure t net e#h flow from o Atr 2023 2022 Net In¢omel{expendlturel for th• r•portlng p•riod (4$ p*rth• statement of financial •cti¥ities} 31.281 Adjustments for. Deprecialh?n charges Ilncreaselldecrease in debtors Inereasel{decreasel in credrtorsl 20,4J• 8.744 63.411 5,122 17,6031 "Cash us¢d In operating activitie6 123.92S 46,55g Tax Paid Cash flows from invesfy'ng aclivitse"s." Proceeds fTom the sale of fixed assets Incfeaselldecrease} in cash and cash equ￿a￿nts 123,925 46.559 Cash and ush oquivalonts al beginning of ymr 315,454 268.894 Cash and ¢4$h equlval•rbts at •nd of year 439 380 10 SwnllbD*rdOpportunlty GroL4P Notes to the Financial Statements 31 2023 1. AccO￿ting pollc6•s The finanoal siaioffjents ha¥¢ been wepared in acc4rdance wAh AcetyJrrtM)g aTrJ Repow by Charths.. Statenènt of RecoThvnended Practice applicable to Charl￿ in PTewr#J ther accwnts Mi aL¥4%dants the Financ41 Reporbry Standard apF4"¢*b* In Ihe UK aryi RepublK ol Irthnd (FRS 10Z) (ENe¢iTht ￿ kntef fvtyTh 1 J•nwry ￿1#) . ICknrth&s gORP IFRg io¥i. and th• Ccrnpan*s Act 2(Th. Springboard Opw1unty Gro￿ rf*ets the defii#lts) of a pubk beneft eThlty FRS 102. Assets and Ikibrfth5 are ithrfiify r•cogni%vd ai b￿10￿¢•1 cost of1r￿s•c￿)n Wal￿ OlWi50 *ated ¥1 rekniartaE orn ut)rtstrKted fuftd5 of ￿ charrty tnJ$lees have detided al tiwetb￿ Its set ashle to Use for a ¥e* purp058. IIe$tr￿ted funds are donthin$ Ihe donor has speof*d are to t¢ lor p8rtKukr aws of lh8 chanV5 ftrr specifK projects bèYrfJ undertak*n bytht ts18rity. Don81w)n$ required lo btr as capNal dMr¢s K*hes are accounled *)r x eThJwnenls- pmianeni or endatye atcordin91o Ihe nalwe olth¢ rEStsi&KM. Er*JfyAm*nts and the sth98qUOrt NiuÈases a￿1 der￿ase$ ￿ v8hJ8 Bre shown in the stater￿nt ofFinandal Athilw & w101th￿¢•wITh￿*fy. gl Expendlttjrn and iNeco¥ernbl?VAT Expenditure is rewnised ortt the￿ is 8 W L¥ obfvJakn to m•ke a paymnl k+ i party, it is prab4ble that soft￿nt*￿I be wuked. aTrJ Ihe •n¢)uni ofthe L*fbJth)n can be measurnd rel 1rr￿j¥erat￿e VAT is (harpd a5 a ¢ost ag*w)sl theaclNtytsr%ts*thee¥wnthtye VAS ￿￿j[￿d. hl Allocadon ofsupptsrt*nd go¥em•nct G￿ts Expendilure 15 ￿laC81ed to pJtsuJiaf Wtsre th• ¢osl re1th5 diredtyto that Hty*Ever. IhE ¢05ts 01 tyrtroll direct￿ and a¢lmin151ration ol each ad￿￿. corrow tht governm arvj SUPk*Yt Ghanty. are •PWrt*Jl8d rffi lh• fdl(Y*iig bas15th 1$ Onestsmale, by refeienceto staff costs. of amwrrt attwWab* ￿e4¢h aaw. - Costol fuTh35 - Chartsbk aLINit*s $prfngb)aFd Oppo￿￿ Gm Notes to the Flnancial Ststsments l¢ontlnued) 31 1. pdl¢l4s Icontknwd) l) T4n•Sbl•llx•d •**•ty Leasehohl land 8ThY are I￿ude￿ al the date OfVaW*￿ l*s ¥ty sub58QL* accurnulatsd tIe￿￿8￿￿. The rEVaIL￿ and W•Vy 5 >t•rn. ￿[￿1 tELEnlvalLHbons i¥we Crn tYAaS at 7 Jur* 2¢r22. vakne and in LKSe. Deprwats￿ i% wovided ai rates CahXd•lEd to dtr*m the ttssl r•e•ch asset tr* ÈÈlvnatsd resKlu* exKeCtsJ hfe. The deweryabon rte$ in 88 fgtrAs'. Ltaad￿d 8L*Jin9s Iswead over ￿ remknw F￿tL￿e$ and .76 % Str8vJThI Ine 33.3% perwwm Ihie Il•ms oteqiwpment cWa*od whw• *•y¢hAwp*frexceods £*.￿ ¢05¥ ** allDtAt4d ID f•C*vitieB on b*Bi• ollhe Tr•Je Hnd oW%r debiofs we fecogrfseu aime aA8r of•ry tr•J• oifw¢d. PrBpayments al ts arnount pr8p•d nel ol artytr•Jedoecuts ￿. C¥editor$ ￿ pm¥tsbJns ¥6 rec(w4¥eJ the ¢>* hos • w•5ert ot4Jatilln re5ulw¥ frtyn a past th•t proba￿ rvsthl ￿ the tr4Mler of to a trmrd paty a￿j Ir* 4moLmt tr* (**yakn c4n b& LVesikn•￿j Cr*drtors #nd pro¥*k•s are nomialty 81 thew seii*wt atsralkw for aw trade (fi5r￿￿1￿ ￿￿. l} Flnancjal lTr•trumBnts TJ* ejanty hJs finarK¥l assets fffwidal ol a *ind qualfy as BrtS￿ fin￿r￿1 iistrumenls ml Eo¥l¥ Thè chaTrty ¢ontrkniR5 lo a Ptsl5kn Tre •55¢ts of the 5d￿e * hew sepDratety from those ofthe charrtab CLryany in an lndepethYen￿ The PErtsKffj cast chwgE cutyibuilons pa￿￿e ur*l•r Ihe scheme by the thathab￿ cornpaAy 10 the The rJ)Hnlat4e has thjer¢￿ othEf th*n lor me p•yff•nt Ortho￿ cOntn￿JlItin8. The crffjlribubons made ￿ Ir* p8rth1 ￿ tKeatod as wKl¥*¢£8.751 {20Tr. £7.7561. n) Qpovatlng ￿•￿•B Ron1*5 payabhi ow¥ating *•8e$. wtse subs1** ai tr* **1 remain ￿ tha kssor, tharged io trrt stsiemeni ol fi￿r￿al a 3tr4¥JM Ir*b*sLs *a5e term. 12 Not•s to the Flnanclal Statements Iconllnuedl 2022 202Z 2022 rotsl andGr8nis ChadiatrAe xbwthe5 1I&1TO TO.215 436.310 11.r#Ji 21B,325 438,31U 11,004 14.110 517 728 069.839 Exp•n(l￿￿•￿.' Rai51no Funds 854 161 •) 459 740 46D63S 621.644 22 Totsl 41$59 Grams.. Quartet CcrnmunNy Foundat BBC in N*4d rfitld Wesityi F¢und*i Sobell Foundab4h GI0￿rS make50meNv￿e Henrysrnithchar TheOarnE w10￿￿111St1￿ll Trust BarbaTr Ward ChildrÈn'S FowK%è BèltyThM￿$￿a1it3o1e F¥n ThèForresterFamityTrnst Thejarnes Pwtl5tr￿ad Nauty&Trus Ellio￿¢￿ & PrtnTrZalyrtharltèllèTruSt SairttlwneI5 Pknte FoUfwJat￿n The Slr JU￿$ThOrn Charitatrde Tru# Th¢ Wl(KkCharitableTNst N)ihS¢￿rserC0fflffi￿￿rtyHelth remÈtt￿ The Keebk Ch•rltstAeTNst Tesco Percy&'ttonCharity baear F￿eFtyj￿Jaf￿ AiiiarK¢ Grant 4.117 •,703 12.e10 10.rijo 10,0 22.0 51.251 2.0 3.750 J,Jo 52,7 2.917 517 2.917 1,3J3 2.olj 2.917 3.988 1.005 1.7 2.SOO I,soo 2.000 8￿40 2,5 1.500 2,903 1.IJOD 476 100 i•JJJ 3.125 IOA17 4950 1,750 zmos 476 11333 5.125 1Q417 North ￿mErs￿ Hea*h and WeNbewl8StTrieiy HDb*n Charity Chlwien ID NeedCo#rfLtr41w8cffiu5 5oJetydMerthantventufu5 8oshlÈr FoU￿tHIn 8wees salnKn Trust s*￿t￿n 8uilthngSoci¢ty The llnwantTru5t Monmouthshire &Jd¢Jino5oDetyowr*aW FO￿d0￿r &aFoundatitin ThtCawTrust The A5 BrownlessCh¥ltabk Tr￿1 The Leowd Lth5tOateth¥DtthT￿l Leeds8thldini Sc<*tylMay 221 CrNd 19Job Retentw Stheme 500 35D 1.207 TrA81 gants 1*.491 2507 218,325 Sprinaboard Ooportunify Notss to the financial statements (continued) For thg yvJr•nd8d 31 August 1023 1023 2023 2023 Total 2022 Total 4. Incfjme from charitabf• actlvities Improwng twp0rtunij￿efy forchild￿n vlh adts1￿ needs Incorne from stalutory bod*s ts play and edvtK Subscriptions. sessiefj fees and membership fees Training Prowded to Clients Indusion incame 358.931 19.825 47.944 $4,376 358.931 19.825 47.944 54,376 354,022 11.405 21,629 49.254 481,076 481.076 436,310 S. Othèr In¢orno Fundrai5irw events and aLlI￿t￿95 27.753 27.753 11.004 27.753 27.753 11,004 6. Total ejtpendlture s￿pOrt & R•lskng edwtion governance 2023 Total 2022 Total tlire¢t lundraisln9 Gosts 9.163 •.183 854 Chatitsblè activities Stsff costs (note 81 Cost¥ of de¥elopmenl. •du¢ali an<1 adminisi¥al*Jn Property co$ls Office costs Corporation tsx Examiner. Otsied, legal and woless￿n01 costs IndepeThJenl Examiner5, ￿mUnerab"On Depreeiatron gJg.524 608.524 539.127 18.325 43,779 27.010 18.325 43,779 27.010 27.5M 18.108 2,383 2.250 5,122 620.790 3.570 3,570 20.488 721.738 20.488 718.126 3,610 Total expendsturn Funded Frorn Funded From Restrsctsd Unrestricted Po Po 2023 Total 2022 Total Direct fvn¢kn'¥iny cvsts Staff costs Direct Costs of de¥eloprn•nt and education Property eosis Office costs Corporation tsx Legal and professional ¢oJts Independent ExamineTs' remuneration.. Depreciation 4,943 456,937 854 539,127 151.587 608,524 16.304 1.736 d3.779 27.010 18,325 43.779 27.010 26,256 27,544 18.108 2.383 2,250 5.122 3.570 3,5711 20.488 720,879 14 SDrlngboard Opportunity Group Notes to the financial ststements Icontinued For theJ.QAr en d.J1 AUg￿t_2￿0 _ 7. Net mov•n￿l In funds Thss is slated aftef charging.. 2023 2022 Depr￿lation Independent Examine¢¥' remuneratron 20.481 5.122 8, Stalf ¢osts and numb•rs Staff costs were as lollows." 2023 2022 Salaw and wagès Social security costs Auknenrolment PenS￿n costs Recfurtmenl cosls DBS checks Staff èwses aKI travel Staff training 554.415 28,037 8.721 140 1.378 10.050 5.783 495,839 23,501 7.756 94 1.227 7,148 3.562 539 127 No em￿oyee receNed emoluments 0￿[ £60.000 during the year12022." None). No remuneration w3$ paid to the Trustees. Trustees. exp.enses reintwrsed amounted to £105 {2022 - £8). Th& key management personnel of the charity comprise the Chièf ExecutNe Officer #nd four managers. The tothi empbyee benefits of the key management r￿sOnnel of the charity were £152.822 (2022 - £153.1921. 2023 2022 Average siaff head counl 42 40 9. Tax*tion 2023 2022 Corporab'on tax 15 Sprinllboard Opl￿rtUnIty Grou Notes to the financial statements Icontinued) r.the y.ear ended 31 AuLugt.2023 10. Tanglble fixed agsets Le•sehold Fixtures buildings & r￿In Tots Cost or valuation At 1 September 2022 Additions Disposals At 31 August 2023 210,000 44.629 254,62Q 210.C 44.620 254.620 Depreclatlon At 1 September 2022 Depreciation Charge lor the year th"sposal 5.122 20.488 44.620 49.742 20.￿8 At 31 August 2023 2S,610 44,620 N•t book valu• At 31 Auguyt 2023 114,390 184.390 At 31 AugU$t 2022 204.878 204,878 11. D•btors 2023 2022 Trade debto P￿paYmentS 390 &321 4.281 10,174 5.711 14,455 12. CTeditt•l lubjre rninimum *89e payments under n¢￿￿n¢￿￿*1e operalii".9 *8se8 are as foky*B.' Not later than one year Later than onè year and not later than fve ye•rs Laler than five years 1.C61 2.C60 2.323 3710 ￿123. .15. An•ty8is of not a$$ot• betw•en fub)ds RestriLled lunds Unrestricbj lund$ Total funds Tangble tsed a55els Ca8h at bank and ih hand Other net cJJrrent assetsllliabffrtiesl 184.3 184,390 439.380 169.248 439.380 163,248 Net assets at 31 August 2023 184.390 276,132 460.522 Not•$ to th• flnanci•l $tatqments (¢tyrtinuqOI F•rth¢ %wr•nd•d 31 Audthrt2fy2J ¥¥*•4t JI A4USt R•*lrlctsdGr4ntFurtds.' Quarteiconkmunltyloi Fa￿typ[•¢￿h B8C GatheldWESt¢n Fothida Sobell Fwnditic 14.16n 11.7031 12.QJ3) 13.>75 152.7 HentySMithCh￿ty Baibira Wxdchildren's Fcwdatson The Jèrrt¢STudorFLwndal Poil￿bead TheC35eYTruSt LEeds SurldifflR Scdèw Th*&tJu￿ (3.5891 (1.7591 12.¥)3 Yesro Ip•>Ji 11.333 3.125 10.417 142YJI <1.7Y)I sys TM*I 476 12.C¢61 ChI￿1n￿le￿¢•1t(awrvJe 5cdéty 12.OWI SokThnrn# {1.1011 Toiaik FIAed45JrfrnS)*Wdfvnd.. 15.3661 cithJon 8￿￿￿rvalests 138 ft￿￿F￿ SgS.1I7 $42.5 276.l>J ToWfvr4s >rtetC(*Trrnu￿ty Fwnda¥on Chlitr¢n GaffleléWe5ton F￿n￿lI￿n SDb•llFounfj¥Don G￿knIf5Ma1e SO￿t ws¢lfjMYII SupportGr•itWrt *ttnry 5MiththwilY nnlThgCos ¥*T￿& t￿V￿eT￿50 EquLPIWI t•JV*pV•x & Ety*)Wl Curecosts ¥E*J V*¢ E•dYeaisPrxtiknw B&tyThornas(hirti4bleFund ThclamesTudDTFOwdabDn F￿IlY5￿￿rt Pornsh￿d Nthdfrusl SPAR(5 Tr*srJu*sThJncrorWTAIll COTeCosTS Tr*PAEdiocI Cwab•T￿X IV*Ttro &Ewpnwi Cryewsts