Charity Registration No. 1027771 BLANDFORD OPPORTUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
BLANDFORD COPPORTUNITYGROUP CONTENTS Page Charity information Trustees, Report 2to3 Independent Examinerfs Report Statement of Financial Activitles Balance Sheet Notes to the Financial Statements 7t0 12
BLANDFORD OPPORTUNITY GROUP CHARrrY INFORMATION Trustees= C R Stevens Ichairl S E Cripps S Ford lappointed l March 20251 S Hitchlngs N Roper G Smith Principal Office: William5 Opportunity Hall Whitecliff Gardens Blandford Forum Dorset DTII 7BU Charity registration number: 1027771 Independent examiner.. Marcus Cridland B.A.IHonsl F.C.A. Scott Vevers Ltd Chartered Accountants and Registered Auditors 65 East Street Bridport Dorset DT63LB Bankers.. Lloyds Bank PIC 6 Market Place Blandford Forum Dorset DTII 7EE
BLANDFORD OPPORTUNITY GROUP TRUSTEES. REPORT FOR THE YEAR ENOED 31 AUGUST 2025 The Trustees present their report and the financial statements for the year ended 31 AuBUSt 2025. The Trustee5 who served during the year and up to the date of this report are set out on page l. Objettlves and artIvIeS Blandford Opportunity Group is a preschool for babies and children from birth to five years. We take all children but specialise in children with special educational needs and disabilities. We opened in 1992 and are recognised in the local area for the excellent service we provide forthe children and their parentslcarers. We support all children, some on a one to one basis, with highly trained staff who are able to work with children with compley needs. We are open 5 days a week, 38 weeks of the year durin8 term time. 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 consideratlon to the Charity Commissions general guidance on publlc benefit and in particularto its supplementary public benefit guidance on advancing education and on fee chargin6. Achievements and performance During the summer holidays of 2025 we had our playground rubberised Surface removed, drains paired and new playground rubberised surface put down. Flnan¢lal revlew Result5 The incoming resources for the year amounted to £238.77212024.' £227.8671, all of whith will be used in providing care intluding maintaining the Charity's premises. The net surplus for the year was £25,09512024= deficit of £28.9921. The reserves at the year-end were £233,72312024.. £208,628), which consisted entirely of unrestricted funds (including CCLA account). Strategy The Charily Seeks to raise funds to provide day-care for all our pre-school children and to keep our staff up to date with mandatory training and specialist training to help our more complex children. Reserves Policy Funds are held to rneet the projerted costs of the charity for a period of 6 to 8 months. together with the costs of winding up the charity. The actual amount of the provision is reviewed regularly. In light of existing tircumstances, the degree of uncertainty over public funding and a reduction in private funding available, reflecting the current economic situation, meèns the excess of funds over those required by the policy wlll be allowed to carry forward and for the time bein8 is not considered excessive. Investment Policy The Trustees have given their investment advisors a discretionary mandate to manage investments in accordance with the agreed objectives. The Trustee's aim to keep sufficient reseNes to generate investment returns to fund the charilies objectives. RAsk Review The Trustees have conducted theirown review of the major risks to which the charity is exposed and systems have been established to mitiBate these risks. These procedures are reviewed annually to ensure they still meet the needs of the charity. The Present Having improved the buildin8 over the last 3 years and enlarging the charity. we have had our busiest year since the charity started.
BLANDFORD OPPORTUNITY GROUP TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Future Now that we have a substantial legacy investment, we can continue to look towards a more Secure future. We have an arrangement with Poole and Bournemouth College to take students for placements each year and a150 Wlth The Blandford School, for their year 10 work experiente students and their 6th form health and social care students. Strurturei govemance and management The activities of the char¢ty are rnonitored by the Trustee5 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 of the charity through provision of training courses and mentoring by established Trustees. Formal meetings and discussions are held on a regular basis. Statement of Trustees. responslbllltles The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to charities in England and Wales requires the Trustees to prepare financial Statements for each financial year which give a true and fair view of Charity and of the incoming resources and application of resources of the Charity for that yeaT. In preparing these financial statements the Trustees are requlred to-. selert suitable accounting policies and then apply them consistently- observe the methods and principle5 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 explairsed in the financial statement5,' and prepare the financial stalernents on the going concern basis unless il is inappropriate to presume that the Charity will continue in operation. The Trustee5 are responsible for keeping properaccounting records which disclose with reasonable accuracy at any time the financial posltion of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity IAccounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. Approved by the Trustees of the Charoty and signed on its behalf by.. C R Stevens (Chair Trustee
BLANDFORD OPPORTUNITY GROUP INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES l port to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 August 2025 which are set out on page5 5 to 12. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordan wSth the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charity's account5 carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under section 14515llbl of the Act. Independent examinerfs Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respett of the charity as required by section 130 of the Act,. or the accounts do not accord with those records.- or the aetounts do not comply with the appllcable requirements concerning the form and content of accounts set out in the Charities (Accounts and fleportsl Regulations 2008 other than any requlrement that the accounls give a 'true and fair view which is not a matter tonsidered a5 part of an independent examinatlon. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. Mr. M.J. Cridland BA IHon51 FC4 Scott Vevers Ltd Chartered Actountsnts and Registered Auditors 65 East Street Bridport Dorset DT6 3LB Date:...... zJ.6.11£
aLANOFORD OPPORTUNITY GROUP STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENOITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2025 2025 Total 2024 Total Unrestrlcted funds funds funds Notes INCOME Income and endowments from: Donations and grants Other income including trading income Investment income 226,423 226,423 212.366 6,822 6,822 9,310 5,527 5,527 6,191 Total in¢¢ming resources 238,772 238,772 227,867 EXPENDITURE ON: Charitable activities 213.677 213,677 256,859 Total expenditure 213,677 213.677 256,859 Net Movement in Funds for the year 25,095 25,095 128,9921 Total Funds.. Brought Forward 12 208,628 208,628 237,620 Carried Forwaril 12 233.723 233,723 208.628 All incoming resources and resources expended derive from continuing artivitie5. The notes on pages 7 to 12 foim an integral part of these financial statements.
BLANDFORD OPPORTUNITY GROUP BALANCE SHEET AT 31 AUGUST2025 2025 2024 Notes Fixed Assets Tangible assets 91,614 94,783 Current assets Debtors Cash at bank and in hand io 74 151,831 151,905 143.219 143,219 Credttors: Amounts falllng due wlthln one vear li 11,iioi 138,0601 Net current assets 142,109 113,845 Net assets 233.723 208.628 The funds of the charitv.. Unrestricted funds 12 233,723 208,628 Total charlty funds 233,723 208,628 The financial statements were approved by the Board of Trustees on ..Z¥..IA.I.4......... and signed on its behalf bv.. C R Stevens Chair The notes on pages 7 to 12 form an integral part of these financial statements.
BLANDFORD OPPORTUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follow5.. a. Statement of compliance The financial statements have been prepared in accordante with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their account5 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 United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011 and UK Generally Accepted Accounting Practice. b. Basis of preparatlon 61andford Opportunity Group meets the definltion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at histori¢al cost or transaction value unless otherwise stated in the relevant accounting policy notes. c. Accounting convention The financial statements have been prepared on 3 going concern basis as the Trustees believe that no material uncertainties exist. The Trustee5 have considered the level of funds held and the experted level of income and expenditure for 12 month5 from authorisin8 these financial statements. d. Income and endowments Voluntary income including donations, gifts, legacies and grant5 that provide core funding or are of a nature 15 recognised when the Charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability. DonotAons und legjcies Donations and legacies are re¢ognlsed on a receivable basis when receipt 15 probable and the amount can be reliably measured. Gr17nts receivable Grants are recognised when the Charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance condition5 are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet a5 deferred income to be released. Investment income Interest is recognised once it has been credited to the bank account. e. Classification of empendlture All expenditure is re¢ognised once there is a legal or constructive obligation to that eKpenditure, it is probable settlement 15 required and the amount can be measured reliably. All cost5 are allocated to the applicable expenditure heading that a8gregate similar costs to that category. Where costs cannot be directly attributed to particular headin85 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 depreciatlon charges allocated on the portion of the a55et's use. Other support cost5 are allocated based on the spread of staff costs. Choritoble o¢tlVAties Charitable expenditure comprises those costs incurred by the Charity in the delNery of its activities and service5 for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirert nature necessary to support them. Governonce Costs These include the costs attributable to the Charity's compliance with constitutional and statutorv requirements, including audit, strategic management and Trustees meetings and reimbursed expenses.
BLANDFORO OPPORTUNITY GROUP NOTES TO THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 AUGUST 2025 A¢countin8 policles l¢ontinuedl f. Taxatlon The Charlty is considered to pass the tests set out In Paragraph I Schedule 6 of the Flnance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the Charity is potentially exempt from taxation in respect of income or capital gains received within ¢ategories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. . Tangible fixed assets Tangible fixed assets costing 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 life, as follows.. Fixtures, fittings and h. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 25% straight line basls B¢rrowln8S Interest-bearing borrowin85 are initially recorded at fair value, net of transaction costs. Interest-bearing borrowinB5 are subsequently carried at amortised costs, with the difference between the proceeds, net of transartion costs, and the amount due on redemption being recogni5ed as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. BorrowTrnB5 are classified as current liabilities unless the Charity has an unconditional right to defer settlement of the liability 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 Trustees, discretion in furtherance of the objectives of the Charity. k. Penslons The Charity operate5 a defined contribution pension scheme which Is a penslon plan under which fixed contributions are paid into a pension fund and the charity ha5 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. Contrbbutlons are charged to the Statement of Flnancial Acttvities as they become payable in accordance with the rules of the scheme.
BL4NDFORD OPPORTUNITY GROUP NOTESTO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng policies (continued) l. Flnanclal Instruments CIos5ification Financial assets and financial liabilities are recognSsed when the Charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according lo the substance of the contractual èrrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Charlty after deducting all of rts liabilities. Recognition ond measurement All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at lair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transactions. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for similar debt instruments. Financial assets and liabilities are only offset In the statement of financial position when. and only when there exists 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 simultaneouslv. Financial assets are derecognised when and only when al the contractual rights to the cash flow5 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, significant risks and rewards of ownership. has transferred Control of the asset to another party. Finantial liabilities are dere¢ognised only when the obligation specified in the contract is discharged, cancelled or expires. Donatlons and 8rantS 2025 2024 Grants from Dorset County Council Grant from League Blandford Friends Donations 174.334 7.000 45.089 226,423 174,278 38.088 212.366 Other income Including trading income 2025 2024 Children fee5 Other income 6,822 9,280 30 9.310 6,822
BLANDFORD OPPORTUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Expenditure on charitable activities 2025 2024 Staff costs Direct costs Support costs Governance costs 183,000 23,446 3,062 4,169 213,677 149,873 100,974 3,572 2,440 256,859 Staff costs Salaries including employers NIC and penslon Staff training 181.754 1,246 183,000 149,030 149,873 Direct costs Other direct costs Rent and rates 7,269 633 6,308 1.586 3,585 86,984 1,290 1,221 100.974 3,043 8,226 3,715 560 23,446 Repairs, cleanlng and maintenance Insurance Telephone and internet Support ¢ost$ Professlonal charges Bank charges Loan interest 2,286 56 720 3,062 3,152 60 360 3.572 Governance costs Accountancy services Depreciation Other governance tosts 900 3,169 loo 4.169 900 1,540 2.440 staff costs Details of payments to Trustees and other related parties are set out in note 15. The cost of all staff In the year were.. 2025 2024 Wa8e5 and salaries Social security costs Pension costs 177,378 1,992 2,384 181,754 147,374 1,656 149,030 No employee earned more than £60,0 during the year. The number of staff employed by the Charity during the year was as follows.. 2025 No. 2024 No. 13 Average number of employees, per head count 14 io
BLANDFORD OPPORTUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Net income I lexpenditurel for the year This is stated after charging.. 2025 2024 Depreciation of tan8ible fixed assets Independent examiner's remuneration 3,169 900 1,540 900 Penslon Mmmltments The Charity operates a defined contribution scheme for certain employees. The assets of the scheme are administered by Trustees in a fund independent from those of the Charity. The pension cost charge for the year represents contributions payable by the Charity to the scheme and amounted to £2,384 12024.. £1,656). Taxation The Charity is a registered charity and is therefore exempt from taxation. Tangible fixed assets Furniture and equipment Land and bulldings Total C05t or valuation As at I September 2024 A5 at 31 August 2025 84,969 84,969 38,612 38,612 123,581 123.581 Depreclatlon As at I September 2024 Charge for the year As at 31 August 2025 28,798 3,169 31,967 28.798 3,169 31,967 Net book value As at 31 Au8USt 2025 84,969 6,645 91.614 As at 31 August 2024 84,969 9,814 94,783 io Debtors 2025 2024 Other debtors 74 74 li
BLANDFORD OPPORTUNITY GROUP NOTESTOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2025 li Creditors: Amounts falling due within one year 2025 2024 Other loans Accruals 36.000 2,060 38,060 I,iio i.iio 12 Funds Incoming Resources 01.09.2024 resources expended 31.08.2025 General Funds Unrestricted 208,628 238,772 1213.6771 233,723 208,628 238,772 1213,6771 233.723 Incomin9 sources Resources 2024 General Funds UnrestrictEd 01.09.2023 expended 31.08.2024 237,620 227.867 (256.8591 208,628 237.620 227,867 (256.859? 208.628 13 Analysis of fund balances between net assets Unrestrirted funds 2025 2024 Tangible fixed assets Cvrrent asset5 Current liabilities 91.614 143,219 11,iioi 94,783 151,905 138.0601 Total funds 233,723 208,628 14 Financial instruments 2025 2024 Categorisation of financial instruments- Financial assets that are debt instrument measured at amortised cost 143.219 ISl,905 Financial liabllities measured at amortised cost I,iio 38,060 Items Of Income. expense. 8alns or losses The total interest income for financial assets not measured at fair value through proflt or loss is £5,527 12024.. £6,191). 15 Related party transactions During the year Mrs S E Cripps acted as trustee for the Charity on a voluntary basis, however she also acted as a manager for which she received a gross salary of £23,235 for the duties undertaken. 12