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Charity Registration No. 1027771<br>**----- End of picture text -----**<br>



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BLANDFORD OPPORTUNITY GROUP<br>TRUSTEES’ REPORT AND FINANCIAL STATEMENTS<br>FOR THE YEAR ENDED 31 AUGUST 2024<br>**----- End of picture text -----**<br>




BLANDFORD COPPORTUNITY GROUP 

CONTENTS 

Page 

Charity information Trustees’ Report Independent Examiner’s Report Statement of Financial Activities Balance Sheet 

Notes to the Financial Statements 

1 

2to3 

4 5 6 

7 to 13 



BLANDFORD OPPORTUNITY GROUP
CHARITY INFORMATION
Trustees:
C R Stevens {Chair}
N Roper
S E Cripps
S Hitchings
G Smith
Principal Office:
Williams Opportunity Hall
White Cliff Gardens
Blandford Forum
Dorset
DTII 7AG
Charlty registration number:
1027771
Independent examiner:
Marcus Cridland B.A.IHons} F.C.A.
Scott Vevers Ltd
Chartered Accountants and Registered
Auditors
65 East Street
Bridport
Dorset
DT6 3LB
Bankers:
Lloyds Bank PIC
6 Market Place
Blandford Forum
Dorset
DTII 7EE

BLANDFORD OPPORTUNITY GROUP
TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees present their report and the financial statements for the year ended 31 August 2024. The
Trustees who served during the year and up to the date of this report are set out on page l.
Objectlves and activities
Blandford Opportunity Group15 a pre-school playgroup for all babie5 and children10-5 years) wlth special
needs and disabilities. We opened in January 1992 and are recognised in the local area for the excellent
service we provide for the children, their parents and carers. We support all children, some on a one-to-one
basis, with highly trained staff who are able to work with children with complex needs. We provide nine
sessions each week (term time only)- By encouragement and support we build on the confidence of each
child to achieve their own individual goals within a happy and relaxed atmosphere.
In setting our objectives and planning our activities, the Trustees have given careful consideration to the
Charity Commlsslon's general guidance on public benefit and in particularto its supplementary public benefit
guidance on advanclng education and on fee charglng.
Achievements and performance
Durlng the summer holidays of 2024 the roof was replaced and solar panels installed
Flnanclal revlew
Results
The incoming resources for the year amounted to £227,86712023., £139,969). all of which will be used In
providin8 care including maintaining the Charit15 premises. The net deficit for the year was £28,992 {2023..
£24,977). The reserves at the year-end were £208,628 (2023: £237,620), whlch consisted entirely of
unrestricted funds {Including CCLA account).
Strotegy
The Charlty seeks to raise funds to provlde day care for all pre-school children specialising in child ren with
special needs and dlsabilities.
Reserves Policy
Funds are held to meet the projected costs of the Charlty for a period of slx to nlne rnonths, together with
the costs of winding upthe Charity. The actual amount of the provision is reviewed each Committee Meeting
In Ilght of existing clrcumstances. The degree of uncertainty over public funding, and a reduction in private
funding avallable, reflecting the current economic 51tuation, means the excess of funds over those required
by the policy wlll be allowed to carry forward and forthe tlme belng is not considered excessive.
Investment Pollry
The Trustees have glven their investment advlsors a discretionary mandate to manage Investments In
accordance with the agreed objectives. The Trustees alm to keep sufficient reserves to generate Investment
returns to fund the Charity's objectives.
Rlsk Review
The Trustees have conducted their own review of the major risks to which the Charlty Is exposed and systems
have been established to mitigate these risks. These procedures are reviewed annually to ensure they stlll
meet the needs of the Charity.
The Present
Having improved the building over the last 2 years and enlarging the Charity, we hope that the ratio of
children to staff wlll sustain our growth as we are finding it difficult to obtain grants at the present tirne.

BLANDFORD OPPORTUNITY GROUP
TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The Future
Now that we have a substantlal legacy invested, we can look to a more secure future. We have an
arrangement with Bournemouth and Poole College to provide work experience for students as part of their
courses, which is working really well.
With the alterations tothe building, we can now provide extra capacity for children from surrounding towns
and villages.
Structure. governance and management
The activities of the Charity are monitored by the Trustees who all act in a voluntary capacity. The Trustees
follow the principles of governance and control advocated by the Charity Commission. Newly appointed
Trustees are provided with an induction to the Charity through provSsion of training courses and mentoring
by established Trustees. Formal meetings and discussions are held on a regular basis.
Statement of Trustees, responsibilities
The Trustees are responsible for preparing the Trustees, Annual Report and the financlal statements In
accordance with applicable law and United Kingdom Accountlng Standards {United Klngdom Generally
Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the Trustees to prepare flnanclal statements for
each flnanclal year which give a true and falr view of Charity and of the incoming resources and application
of resource5 of the Charity for that year. In preparing these financial statements the Trustees are required
to:
select sultable accountlng pollcies and then apply them conslstently;
observe the methods and principles in the Charities SORP:
make jud8ements and estimates that are reasonable and prudent:
- state whether applicable UK Accounting Standards have been followed, subject to any materlal departures
dlsclosed and explained In the financial statements; and
prepare the flnanclal statements on the 80ing concern basis unless it is inappropriate to presume that the
Charity will continue In operatlon.
The Trustees are responsiblefor keeping proper accountlng records which dlsclose with reasonable accuracy
at any tlme the financial position of the Charity and enable them to ensure that the financial statements
comply with the Charities Act 2011 and the Charity (Accounts and Reportsl Regulations 2008. They are also
responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the
preventlon and detection of fraud and other irregularities.
Approved by the Trustees of the Charity and signed on its behalf by:
C R Stevens (Chair}
Trustee

BLANDFORD OPPORTUNI￿ GROUP
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES
I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended
31 August 2024 which are set out on pages 5 to 13.
Responsibilities and basis of report
As the Charity's Trustees you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 {'the ACVI.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 14515llbl of the Att.
Independent examlnerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection wlth the examination giving me cause to believe that in any material respect:
Accounting records were not kept in respect of the Trust as required by section 130 of the Act;
or
The accounts do not accord with those records; or
The accounts do not comply with the applicable requirements concernlng the form and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered a5
part of an independent examination.
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.
Mr. M.J. Crldland BA IHonsl FCA
Scott Vevers Ltd
Chartered Accountants and Re8lStered Auditors
65 East Street
Bridport
Dorset DT6 3LB
LS-

BLANDFORD OPPORTUNITY GROUP
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2024
2024
Total
2023
Total
funds
Unrestricted
funds
funds
Notes
INCOME
Income and endowments from:
Donations and grants
Other income includingtrading income
212,366
212,366
132,388
9,310
9,310
3,081
Investment income
6,191
6,191
4,500
Total Incomlng resources
227,867
227,867
139,969
EXPENDITURE ON..
Charitable activitie5
256,859
256,859
164,946
Total expendlture
256,859
256,859
164,946
Net Movement In Funds for the year
128,9921
128,992)
124,9771
Total Funds:
Brought Forward
12
237,620
237,620
262,597
Carried Forward
12
208,628
208,628
237,620
All incoming resources a nd resources expended derive from contlnulng activities.
The notes on pages 7 to 13 form an integral part of these flnanclal statements.

BLANDFORD OPPORTUNITY GROUP
BALANCE SHEET AT 31 AUGUST 2024
2024
2023
Notes
Fixed Assets
Tangible assets
94,783
87,463
Current assets
Debtors
Cash at bank and in hand
io
74
151,831
151,905
189,109
189,109
Creditors: Amounts falling due wlthln one
year
li
{38,0601
{38,952}
Net current assets
113,845
150,157
Net assets
208,628
237,620
The funds of the charlty:
Unrestricted funds
12
208,628
237,620
Total charlty funds
208,628
237,620
The flnanclal statements were approved by the Board of Trustees on
by..
and signed o n its behalf
C R Stevens
Chalr
The notes on pages 7 to 13 form an integral part of these flnanclal statements.

BLANDFORD OPPORTUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the
preparatlon of the f inancial statements are as follows:
a, Statement of compliance
The fina ncial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recom mended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019
(Charity SORP IFRS 10211, the Financial Reporting Standard applicable in the U nited Kingdom and Republic
of Ireland IFRS 1021, the Charities Act 2011 and UK Generally Accepted Accounting Practice.
b. Basls of preparation
Blandford Opportunity Group meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are Initlally recognised at historical cost or transaction value unless otherwise stated In the
relevant accounting policy notes.
c. Accounting convention
The financial statements have been prepared on a going concern basis as the Trustees believe that no
materia l uncertainties exist. The Trustees have considered the level of funds held a nd the expected level of
income a nd expenditure for 12 months from authorising these f inancial statements.
d. Income and endowments
Voluntary income including donatlons, gifts, legacies and grants that provide core funding or are of a
nature is recognised when the Charity has entitlement to the income, it is probable that the income will be
received and the a mount can be measured with sufflclent reliability.
Donations and legacies
Donations and legacies are recognised on a recelvable basls when receipt Is probable and the amount can
be reliably measured.
Grants receivable
Grants are recognised when the Charity has an entitlement to the funds and any conditions li nked to the
grants have been met. Where performance conditions are attached to the grant and are yet to be met,
the income Is recognised as a liabillty and included on the balance sheet as deferred income to be
released.
Investment income
Interest is recognlsed once It has been credited to the ba nk account.
e. Classlflcation of expendlture
All expenditure is recognised once there is a legal or constructive obligatlon to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to the
applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be
directly attributed to particular headings they have been allocated on a basis consistent with the use of
resources, With central staff cost allocated on the basis of time spent, and depreciation charges allocated
on the portion of the asset's use. Other su pport costs are allocated based on the spread of staff costs.
Choritable activities
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directly to such activitie5 and
those costs of an Indirect nature necessary to support them.
Governance costs
These include the cost5 attributable to the Charity's compliance with constltutlonal and statutory
requirements, including audit, strategic management and Trustees meetings and reimbursed expenses.

BLANDFORD OPPORTUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accountlng pollcies (continued)
f. Taxation
The Charity is ¢on5idered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable com pany for UK corporation tax purposes. Accordingly.
the Charity is potentially exempt from taxation in respect of income or capital gains received within
categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of
Chargea ble Ga ins Act 1992, to the extent that such income or gains are applied exclusively to charitable
purposes.
g. Tangible fixed assets
Tangible fixed assets costlng more than £100 are capitalised at cost.
Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset
over its expected useful Ilfe, as follows:
Flxtures, fittings and
h. Cash and cash equlvalents
Cash and cash equivalents comprlse cash on hand and call deposits, and other short-term hi8hly liquid
investments that a re readily convertlble to a known amount of cash and a re subject to an inslgnificant risk
of change in value.
i. Borrowlngs
Interest-bearing borrowlngs are initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently carried at amortised costs, with the difference between the proceeds, net of
transaction costs, and the amount due on redemption being recognised as a charge to the Statement of
Financia l Activities over the period of the relevant borrowing.
Interest expense is recognlsed on the basis of the effective Interest method and Is Included in interest
payable a nd simila r charges.
Borrowings are classified as current liabilities unless the Charity has an unconditional right to defer
settlement of the Ilabi lity for at least twelve months after the reporting date.
j. Fund structure
Unrestricted income funds are general funds that are available for use at the Trustee5' discretion in
furtherance of the objectives of the Charity.
k. Pensions
The Charlty operates a defined contribution pension scheme whlch is a pension plan under which fixed
contribution5 are paid into a pension fund and the charity has no legal of constructive obligation to pay
further contributions even if the fund does not hold sufficient assets to pay all employees the benefits
relating to employee service in the current and prior periods.
Contributions are charged to the Statement of Financial Activities as they become paya ble in accordance
with the rules of the scheme.
25% straight line basis

BLANDFORD OPPORTUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies (continued)
l. Flnancial instruments
c1055ification
Financial assets and financial liabilities are recognised when the Charity becomes a party to the contractual
provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangement entered into. An equ ity Instrument is any contract that evidence5 a residual interest in the
assets of the Charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and Ilabllitles are Initially measured at transaction price {including transaction costs),
except for those financlal assets classlfied as at fair value through profit or 1055, which are initiallv
measured at fair value Iwhlch Is normally the transactlon price excluding transaction c05ts), unless the
arrangement constitutes a f Inanclng transactions. If an arra ngement constitutes a financing transaction,
the financial asset or financial liabllity Is measured at the present value of the future payments discounted
at a market rate of Interest for similar debt instruments.
Flnancia l assets and liabilities are only offset in the statement of financial position when, and only when
there ex15ts a legally enforceable right to set off the recognised amounts and the Charity intends either to
settle on a net basis, or to realise the asset and settle the liability simultaneously.
Flnancial assets are derecognised when and only when al the contractual rights to the cash flows from the
financial asset expire or are settled, bl the Charity transfers to another party substantially all of the risks
and rewards of ownership of the financial asset, or cl the Charity, despite having retained some, but not
all, slgniflcant risks and rewards of ownersh ip, has transferred control of the asset to another pa rty.
Financial liabilities are dereco8nised only when the obligation specified in the contract Is discharged,
cancelled or expires.
Donations and grants
2024
2023
Grants from Dorset County Council
Grant from Alice Ellen Cooper Dean Charitable Foundation
Donations over £250
Other donations
174,278
106,431
7,500
15,875
2,582
132,388
37,720
368
212,366
Other income Including trading Income
2024
2023
Children fees
Other income
9,280
30
9,310
2,793
288
3.081

BLANDFORD OPPORTUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Expenditure on charitable activitles
2024
2023
Staff costs
Direct costs
Support costs
Governance costs
149,873
100,974
3,572
2,440
256,859
125,144
30,729
6,327
2,746
164,946
Staff costs
Salaries including employers NIC and pension
Staff tra ining
149,030
843
149,873
124,243
901
125,144
Dlrect costs
Other direct costs
Rent and rates
Utllitie5
Repairs, cleaning and maintenance
Insurance
Telephone and internet
6,308
1,586
3.585
86,984
1,290
1,221
100,974
5,457
1,309
5,432
16,533
1,416
582
30,729
Support costs
Professional charges
Bank charges
Loan interest
3,152
60
360
3,572
5,894
73
360
6,327
Governance costs
Accountancy services
Depreciation
900
1,540
2,440
900
1,846
2,746
Staff costs
Details of payments to Trustees and other related pa rties are set out in note 15.
The cost of all staff in the yearwere:
2024
2023
Wages and salaries
Pension costs
147,374
1,656
149,030
122,560
1,683
124,243
No employee earned more than £60,000 during the year.
The number of staff employed by the Charity during the year was as follows:
2024
2023
No.
13
Average number of employee5, per head count
13
io

BLANDFORD OPPORTUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Net income / (expenditure) for the year
Th is is Stated after charging:
2024
2023
Depreciation of tangible fixed assets
Independent examiner's remuneration
1,540
900
1,846
900
Pension commitments
The Charity operates a defined contribution scheme for certain employees. The asset5 of the scheme are
administered by Trustees In a fund independent from those of the Charity. The pension cost charge for the
year represents contribution5 payable by the Charity to the scheme and amounted to £1,656 12023:
£1,683).
Taxatlon
The Charity Is a registered charlty a nd Is therefore exempt from taxation.
Tanglble flxed assets
Furnlture
and
equlpment
Land and
bulldln8S
Total
Cost or valuation
As at I September 2023
AddltSons
As at 31 August 2024
84,969
29,752
8,860
38,612
114,721
8,860
123,581
84,969
Depreclatlon
As at I September 2023
Charge for the year
As at 31 August 2024
27,258
1,540
28,798
27,258
1,540
28,798
Net book value
As at 31 August 2024
84,969
9,814
94,783
As at 31 August 2023
84,969
2,494
87,463
io
Debtors
2024
2023
Other debtors
74
74
li

BLANDFORD OPPORTUNITY GROUP
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 AUGUST 2024
li
Creditors: Amounts falling due within one year
2024
2023
Other loans
Other cred itors
Accruals
36,000
36,000
446
2,506
38,952
2,060
38,060
12
Funds
Incoming
01.09.2023 resources
Resources
expended 31.08,2024
General Funds
Unrestricted
237,620
227,867
1256,8591
208,628
237,620
227,867
1256,8591
208,628
Incomlng
resources
Resources
expended 31.08.2023
2023
01.09.2022
General Funds
Unrestrlcted
262,597
139,969
(164,946)
237.620
262,597
139,969
(164,946)
237,620
13
Analysls of fund balances between net assets
Unrestrlcted funds
2024
2023
Tanglble f Ixed assets
Current assets
Current liabilities
94,783
151,905
138,0601
87,463
189,109
138,952)
Total funds
208,628
237,620
14
Flnanclal Instruments
2024
Z023
Categorisation of f inancial instruments:
Financial a55ets that are debt instrument measured at amortised cost
151,905
189,109
Financial liabilities measured at amortised c05t
38,060
38,952
Items of income, expense. galns or losses
The total interest income for financial assets not measured at fair value through profit or105s is £6,191
{2023: £4,500).
12

BLANDFORD OPPORTUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
15 Related party transactions
During the year Mrs S E Cripps acted a5 trustee for the Charity on a voluntary basis, however she also acted
as a manager for which she received a gross Salary of £20,717 for the duties undertaken.
13