RegiSted Charity: 1147030 Company Number. 07775635 DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31" MARCH 2022
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD CONTENTS Page Legal and Administrative Infomation Report of Executive Commlttee Independent Examiner's Report statement of Financial Activities Balance Sheet Notes to the Accounts
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD LEGAL AND ADMINISTRATIVE INFORMATION Charlty Name Dorchester Opportunlty Preschool Group Ltd Charlty Reglstratlon Number 1147030 Company Number 07775635 Prlnclpal Office Prince of Wales Pre-school Centre Maiden Castle Dorchester Dorset OT12HH Executlve Commlttee Officers Co-chairpersons Teresa James Jane Pryce Teresa James Secretsry Other Tru8tee8lDlrector8 Angela Jay Janlce Young Bank Lloyds Bank PLC 112 High West Street Dorchester DT11UG Independent Examlner lan Wln80r FAIA Pwl
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD REPORT OF EXECUTIVE COMMirrEE FOR THE YEAR ENDED 31 MARCH 2022 The executlve committee presents its report and the accounts of the Dorchester Opportunity Preschool Group Ltd for the year ended 31 st March 2022. The accounts have been prepared In accordance with the accounting policies set out on pages 7 and 8 and comply wlth the trust deed, applicable law. and the Statement of Recommended Practice "Accountlng and Reportlng by Charib'es. (revised 20111 Structuro, Gov¢rnance and Manag•ment Dorchester Opportunlty Preschool Group Lld 18 an a8soclatlon 08lablished under a trust deed on the 15th September 2011. The organlsat6on was registered wlth the Charlty Commls8ion Icharity no 11470301 on thé 26th Aprll 2012 and Compan188 House (Company no 07775835) on the 15" September 2011. The afflcers and tru8tee membors who Sèrvèd durlng the year •r• #tatad on page 1. All offlcers and trustee member8 gave thelr tlrne freely and recelve no remuneratsrt. Memb•r•' Uablllty Ea¢h member of the charllable company undertakes to contrlbut• to th• amats of the Company in the event of Its belng wound up while helshe 18 a member, or wlthln one year r helshe ceases to be a member, such amount •s may be requlred. not exceedlng £10, for the debts and Ilabllltles eolltractéd before Ihey cease to be a member. Obleth•• and A¢tlvltl•8 The objecVeS of the charlty are to provlde pre-school educatlon for young chlldren wlth dl$abllltle$ 8nd addltlonal n8ed$ and offer 8UPPOrt for thelr famille8. The charlty operats8 from the Prlnce of Wales Pr&School Centre where our experlenced team offers hlgh quallty learning opportUDille¥ for chlldrèn from all over South & West Dorset. In the last academlc year the Dorchester Opportunlty Preschool Group Ltd accommodated 26 chlldren. aged between 2 & 5. All the staff. ¥olunteer8 and Trustees InvolY•d In tha group contlnue to •n$ur• th•t all th• ehlldren who attend recelve the best educaOn posslble. Immedlately followlng the lockdowns the r•f8rrg1 rjte slowed but over th• year we saw steady Increase In the number of referrals •$ $8rvlc•8 returned to pre pandemlc worklng and the negative effects ol lockdown on chlld development became more evldenL Thls undedlnes the need for a provlslon Ilke ours whlch pro¥lde8 early support and Interventlon for chlldren who have additlonal neéds until they reach school age. The Tru8tee8 contlnue to 8eek the financial support needed to malntaln thls group from the Dornet Councll and grant maklng Trusts as well as from loeal fundra181ng The Executlve Commlttee confirnis that reference has been rnade to the Chadtles Cornmis8ion general guldance on publlc benefits when revlewlng the charlty'$ alms ond objecuves and In plannlng future actlvltie8 and setting its donation making poli¢y for the year. Page 2
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD REPORT OF EXECUTIVE COMMirrEE (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Achlevements and Perforniance Total Incomlng r88ources for the year were £71.372 12021 £111.312). The net movement of funds for the year r8$ulteil in a deficit of £21,522 {2021 £12.101 surplus). The Commlttae have approved total expendilure of £92.89412021 £99,211). Flnan¢lal Rovi•w and Ruerve The charity recelves Incoffle through grants. fees and donatlons and varlous fundralslng actlvltles. All Income recèlved13 unrestrlcted apart from the Chlldren In Need Gran( whlch18 restrlcted resepie. Total funds at 31st March 2022 amounted to £78.062 (2021 £99.S841. The EXeCuve committee Is alway8 actl¥e In seeklng altsmave sources of fijndlng to ensuro that the group can conlnue to fijture academlc year8. Thls Is becornlng ever harder wlth more organlsatlons looking Io Share In a finlte poL It is a reallty that thls actlylty Is 8888ntlal to en8ure the future of the group. A degrne of uncertainty for the future Is Ineyltable. stst•mMt of Exothe Commltie• Ra•pMbIIItI Thg Executive Commltto9 are responslble for preparlng th• report of Ihe Executlve Committee and the flnanclal statements In accordance wlth the appllcable law and Unltod Klngdom Accountlng Standards. The law appllcable to charftles In England and Wale$ requlrg the Executlve Commlttee to prepare financlal statements for each flnanclal year, whlch glve a true and falr vlew of the 8tate of the affalrs of the charlty and ol the IncomSng resources and appll¢8tlon cf resource8 of the charlty for that perlod. In preparlng these flnanclal itatofflents, the executS¥e Commlttee18 requlred to: Sehct Sultable acCIntIng pollcles and then apply Ihem con8lstenlly: Ob$er¥e the methods and prln¢lple8 of the Charltles SORP,. Make Judgements and estlmates that are reasonable and prudgn(' stste whether 8ppllcobl8 accountlng standards have b8en followed. 8ubJe¢t to any departure8 dlsclosed and explalned In the Ilnanclal staternents; and Preparo the flnanclal 8tatements on th¢ going concern ba818 unle$8 It 1$ Inapproprlate to pr¢8umo that the charlty wlll contlnuo In 0ratIonal ex18tence. Thg Executfve Commlttee 58 r•ipon81ble for keeplng accounllng r•cord8 whlch dl•c108e wlth reasonable accuraey the flnanclal p081tlon of the eharlty and enable It to en8ure that the Ilnanclal statements comply wlth the Charftle8 Act 2011, the Charlty (Accounts and Report) Regulatlon8 2008 and the provlslon of the trust deed. It Is 9180 r88pon81ble for 8afeguardlng the a886ts of the charlty and hence for taklng reasonable 8tep8 for the preventbon and detectlon of frnud and other Irregularltles. The Exocutlve Commlttee 18 re8ponslble for the malntenance and Integrlty of the charlty and financlal Irrforrnatlon Included on the oharlty. wobslte. Apprwled by the Execullvè Commlttee And slgned on Its behalf by............. Page 3
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD INDEPENDENT EXAMINERS REPORT TO THE EXECUTIVE COMMirrEE I report on the accounts of the Oorchester OpponIty Pr88chool Group Ltd for the year ended 31" March 2022, which are set outon page8 5 to 11. Respeotlve responslbllltles af Exeeutlve Commlttee and Independent Examlner The Executive Committee Is r88ponslble for the preparatlon of the accounts. The Executlve Comrnittee consldef that an audlt Is not requlred for th1$ year under sectlon 14412) of the Charltbe8 Act 20111th• 2011 Act) and Ihat an Independent examlnatlon Is needed. Havlng satl8fied myself that the charlty Is not subject to audlt under company law and 18 ellglble for Independent exarnlnatlon. It18 rny responslblllty to: examlne the accounts under #éctlon 145 of the 2011 Acl. follow the procedures laid down In the Ganeral Olrgctlons glvgn by tha Charltla8 Comm188ion under 14515}(bl of the 2011 Ac(. and atate wthether partlcular matters hove come to my attentlon 8a81• of Independent Examln*o Raport My examlnatlon wa8 carrled out In accordonce wlth the General Dlrnctlon8 glven by the Charlty Comm18slon. An examlnauon Includes revlew of the accountlng records kept by the charlty and a comparl8on of the accounts presented wlth the rgcord8. It a180 Include8 conslderatlon of any unusual Item8 or dl8closur8$ In Ihe accounts and 8eeklng explanaUon8 from the trustees concernlng any such motters. The procedure8 undertaken do not provlde all the evldence that would be requirgd In an Budlt and cons8quenUy no oplnlon Is glvan 8$ to whether the accounts pre8enta'true and falrvlew., and the report18 Ilmlted to th08e mattern set out In the statement below. Empha81• of IAatter Wlthout quallfylng our oplnlon. we draw attentlon to Nots 1 of the flnanclal statements. Ind¢pend¢nt Examknerf• Statement In connection with my examination, no matter ha8 eome to my attentlon: Whlch glve8 me reasonable cause to believe that In any mat4rlal re8pect the requlrements: to keep accountlno record8 In accordance wlth 8ecllon 386 of the Compan188 Act 2006 and to prepare a¢eounts whlch acconl wlth the accountlno records and comply wlth the accounTr9 requlrements of the sectlon 388 of the Comp8nle8 Aet 2006 and wlth the methods and pdnclple8 of the Statement of Recommended Practlce.. Accountlng and Repor y Chadtses Slgnature". Name: Ion Wlnsor FAIA Address: 20 Vespaslan Way, Dorehe8ter. Dorset DT12RD Oaie.. Page 4
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31° MARCH 2022 Unre8tr1ctod Re8tr1cte Total Fund$ d Fund• Fund8 2022 Fund• 2021 Inooffllng Re8ourc•s Note8 Income from: Voluntary Income £67.268 £2,250 £69,518 £109,590 Charltsble actlvltl•8 £1,854 £0 £1.854 £1,696 Investment £0 £0 £0 £26 Total £69.122 £2.250 £71,372 £111,312 Re•ource8 expended Charltable acdvltl81 £87.515 £2.260 £89,765 £98,958 Gov8man¢o Co8t £3.129 £0 £3.129 £2.253 Total R••our¢•8 •xp•nd•d £90.644 £2,250 £92,894 £99.211 Netfflovements In fvnd8 (£21.522) £0 (£21,522) £12.101 Reconclllatlon of funda Total funds broughtforwanl 10 £72.423 £27.161 £99,584 £87.483 Total lund8 carrled forward 10 £50.901 £27.181 £78.082 £99,584
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD BALANCE SHEEfAS AT 31" MARCH 2022 Unreatrlctad Re•trlct• Th18 Year Prlor Year Funds d Fund• Current A&8ets Note8 OebtorJ & Prepayments £0 £2.213 C•8h at bank and In hand NatSonwlde Bulldlng Soclety £0 £0 £26,828 Lloyd8 TS8 £51,609 £27,161 £78,770 £75,816 Petty Ca8h £183 £0 £183 £37 £51,792 £27,161 £78,953 £104,893 Credltor¥ Amounts lalllng due wlthln one year £891 £0 £891 £5,309 Net curT•nt a88•ts £SO,901 £27.161 £78,062 £99.584 £SO.901 £27.161 £78.062 £99.584 The fund8 of the charlty Unre8trScted funda 10 £50,901 £50.901 £72,423 Re8tr1ctad fund• 10 £0 £27.181 £27.161 £27.161 Total charlty fvnd• £50.901 £27.161 £78,062 £99,584 Page 6
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31°, MARCH 2022 1 Accounting policles lal Accounting Conventlon The accounts are prepared under the historic cost convention and are in accordance wlth appllcable UK accountlng standards, the Charlties SORP {FRS102) "Accounting and Reportlng by Charitles. and Ihe CharStle8 Act 2011. (bl Comyny 8t•lu• Dorche8ter Oppothnlty Preschool Group Ltd Is # Company Ilmlted by guarantee. In the event of the oryanlsatlon belng wound up the Ilabillty In respect of the guarantee 18 Ilmlted to £10 per member of the ¢ompany. The Executive cofflmlttee Is currently 88eklng alternatlve sources of fundlng to ensure that the group can contlnue after the next academlc year. Howgver, If thls Is not 8u¢ce8sful. the fubjre of the group Is uncertaln. 1¢) In¢omlng R•Kwrc Income18 recognlsed In the perlod In whlch the ¢harlty18 enUtIpJd to r¢¢¢lpt and th8 amount can be measured wlth reasonable ¢ertalnty and Includ0$ any recoverable tax. (d) Re•ource8 Exp•nd•d All •xpendltur8 Is accounted for on the accruals basls a8 soon a8 ihere18 a legal or constructlve obllgatlon ¢ommltllng the charlty to the expendibjre. Irrecoverable value added lax Is Included In the cost of those Item8 whlch It relats8. (•) Fund Accountlng The chadty may malntAln tha followlng funds.. {1) Unre8tr1ct•d Ineoffle Fund8 expendabl¢ at the dlscretlon of the Executfve Commlttao In accordance of the charllable objects (511 R8strlct•d Income Funds donated for a speclfic purpose by the donor whlch Must be applled for that purpo80 lfj Taxatlon Dorche8ter Opporknnlty Preschool Group Lld Is con31dered to pass tho tests Sot out In Paragraph 1 Schedule 6 of the Finance Act 2010 and therefor8 It meets tho definltlon of charltable company for UK corporatlon tax purposes. Page 7
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MARCH 2022 (CONTINUED) Voluntary Income Unrestricted Re8trScted Funds Funds Totsl Funds 2022 Prlor Year Ot)natl¢)n8 l)onallon8 & glft8 Grnnts Grants- Other agencle8 £1.933 £0 £1.933 £25.889 £85,335 £67,268 £2.250 £2.250 £87,585 £69,518 £83.701 £109.590 Included wlthln Grnnts- oth•r ag•n¢l•• (Above) 2022 2021 DCC- early years & 8pè¢lal educatlon needs fundlng £61.084 £64,230 Incomlng re8ource8 froffl charltable actl¥Slle8 Unre8tr1ctod Re•trlct•d Fund• Fund8 Total Total Funds 2022 Fund8 2021 Sesslon contrlbuuons Genero1 fund-ra181ng M18cellaneous £1333 £319 £202 £0 £0 £0 £1333 £319 £202 £862 £225 £809 £1,854 £0 £1.854 £1,696 Total resource8 eXpded rect co•t Charltabl• Gov•rnanc• RMtrlct•d Total fund• Admln & 2022 Support Employment Cost Transport Tralnlng Equlpment and consumables Office Insurancè Rent Mlscellaneous Property malntenance Accounts and bookkeeplng £71.360 £2.353 £295 £107 £880 £0 £10,874 £1.322 £324 £0 £2.250 £73.610 £2,353 £29S £107 £880 £1,257 £10.874 £1,322 £324 £1.872 £92,894 £1,2S7 £1.872 £3,129 £87.515 £2.250 Page 8
DORCHESTER OPPORTUNITY PRESCHOOL GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MARCH 2022 (CONTINUED) 2022 6 Trn8tee8 rgmunorntlon •nd expwMe8 £0 Ernploy•e'• remun•ratlon The aogregats payroll c08ts of th880 persons were as follow8 Wages & 8alarle8 Soclal securlty Employer pen81on Employment allowance staff expensos 2022 £69.153 £6.107 £736 {£2.386) £0 £73,610 2022 2021 Trade debtor• Prep•yrnents and accrued Income Total debtors, prepayment8, and ac¢ru•d Incoffl• £2,213 £0 £0 £2.213 Crndltors: Amounts falllng du• wlthln one year Crodltorn and accrued Incorne £891 £5,309 10 An4ly•l• ollund• As •t i"Aprti Incomlng 2021 r080urce £72.423 £69.122 Resourc88 expeftded £190.6441 As at31" March 2022 £50,901 Unre8tdcted funds Restdcted Funds 111 Chlldren In Need (2) £26.828 £333 £2,2SO £0 £12,250) £0 £26,828 £333 £99.584 £71.372 £192.8941 £78,062 P8g¢ 9