2021-03-31-accounts

CREATIVE OPPORTUNITIES FINANCIAL STATEMENTS

PERIOD ENDED 31 MARCH 2021

Charity Number: 1176661

CREATIVE OPPORTUNITIES

FINANCIAL STATEMENTS

PERIOD ENDED 31 MARCH 2021

Contents	Pages
Reference and Administrative Information	1
Trustees Annual Report	2 to 3
Receipts and Payment Account	4
Statement of Assets and Liabilities	5
Notes to the Financial Statements	6

CREATIVE OPPORTUNITIES

REFERENCE & ADMINISTRATIVE INFORMATION

PERIOD ENDED 31 MARCH 2021

Charity Name: Creative Opportunities

Charity Number: 1176661 (Charity Commission for England and Wales)

Trustees

During the reporting period, there were 3 Trustees:

A Martin S Roberts H Fox

Principal Address

Creative Opportunities The Vassall Centre Gill Avenue Bristol BS16 2QQ

Bankers

Natwest Bank Plc Fishponds Bristol 778 Fishponds Road Fishponds Bristol City Of BS16 3TX

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CREATIVE OPPORTUNITIES

ANNUAL REPORT

PERIOD ENDED 31 MARCH 2021

The Trustees present their report and the financial statements of the Charity for the period ending 31 March 2021.

Structure, Objectives and Activities

Creative Opportunities is a Charitable Incorporated Organisation (registered 15 January 2018) with a Foundation Constitution (dated 28 December 2017) with the following charitable objectives:

The promotion of social inclusion for the public benefit amongst disabled people who are unemployed and who are socially excluded (as a result of disability) by providing them with an opportunity to train and become employed, to relieve the needs of those people and assist them to integrate into society

The charitable and public benefit purpose of Creative Opportunities is to reduce the gap between disabled and non-disabled people in the work place through the development of accessible and supported training through paid work placements. The organisation employs disabled adults and/or those with long-term health conditions in horticulture with a focus on learning, work skills and strengthening team working and confidence to transition into continued paid employment.

In constituting the charity and conducting the activities in the year the Trustees have

Achievements and Performance

Creative Opportunities has like many charities faced a difficult year with Covid 19 and the challenges presented in working with in our usual way and reaching our beneficiaries.

We have managed to continue our primary focus outdoor therapeutic horticultural work on a reduced scale. We split our team and days in half to allow for smaller groups and to continue meeting our charitable objectives of support disabled people to achieve through paid traineeships, volunteering and bespoke sessions.

Within its third year of operation Creative Opportunities has had the following key successes:

Received funding from the National Lottery for 2 trainee positions for a 6 month period.

6 high quality paid work opportunities in horticulture for adults with disabilities and/or long-term health conditions;

Creative Opportunities offered a total of 4732 employment hours to disabled adults in the 2020-2021 financial period;

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CREATIVE OPPORTUNITIES

ANNUAL REPORT

PERIOD ENDED 31 MARCH 2021

Ran a number of high-quality sector specific training sessions with specific groups throughout the year;

Focussed on outreach delivery and supporting people remotely who were not able to come in for in person support or services delivery more during the winter as this time disabled people can experience more isolation and disadvantage at this time of year;

Donated surplus food grown by our team to causes such as community groups who help our beneficiaries alongside other groups in need with addressing immediate food poverty and isolation. This is done through meals which Creative Opportunities have helped by delivering to our beneficiaries, and shared meals within a community setting to help combat isolation.

Financial Review

The charity had receipts of and total payments of 46,799 leaving a net deficit 24,193.

Creative Opportunities is in a strong position of having a healthy surplus and healthy reserves in place. We have costs for over heads and salaries accounted for in advance 6 months ahead.

Reserves Policy

Creative Opportunities goes forward into the new financial year with unrestricted cash reserves of - 46,719). Creative opportunities goes into 2021/22 with reserves in place to support continued training and employment for our beneficiaries.

Risk Management

Continuing restrictions due to Covid 19 and risk assessing how to work at split/ reduced capacity has meant funding streams have been uncertain. As trustees we wish to continue the charities purpose and are looking ahead at ways to continue using our space and outreach to support our current beneficiaries with a view to expanding our reach. We are confident in the ability of trustees and our team to continue the Charity and are looking at being pro-active with measures rather than reactive.

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CREATIVE OPPORTUNITIES

YEAR ENDED 31 MARCH 2021

RECEIPTS AND PAYMENTS ACCOUNT

RECEIPTS Donations and gifts 1 Grants received 2 Income from lunch sales Income from craft sales TOTAL RECEIPTS PAYMENTS Costs of charitable activities Salaries and wages Tools Seeds and plants Publicity and website Office expenses Kitchen hire Volunteer expenses Food purchases Equipment Rent Room hire Mileage Insurance Accounts TOTAL PAYMENTS NET RECEIPTS/(PAYMENTS) Cash funds brought forward Transfers between funds 3 CASH FUNDS CARRIED FORWARD	Unrestricted Funds £ - 22,427 125 54	Designated Funds £ - - - -	Restricted Funds £ - - - -	Total Funds 31 March 2021 £ - 22,427 125 54	Total Funds 11 Months to 31 March 2020 £ 87,667 3,000 329 1,521
	22,606	-	-	22,606	92,517
	40,591 1,772 - 85 908 - - 3 - 1,879 - 144 157 1,260	- - - - - - - - - - - - - -	- - - - - - - - - - - - - -	40,591 1,772 - 85 908 - - 3 - 1,879 - 144 157 1,260	61,326 1,078 952 165 1,458 1,340 204 1,375 1,589 4,752 2,304 - 137 1,200
	46,799	-	-	46,799	77,880
	(24,193) 46,719 -	- - -	- - -	(24,193) 46,719 -	14,637 32,082 -
	22,526	-	-	22,526	46,719

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CREATIVE OPPORTUNITIES

AT 31 MARCH 2021

STATEMENT OF ASSETS AND LIABILITIES

Fixed Assets Equipment Current Assets Current account Petty cash Prepayments Total Assets Liabilities Accruals Total Liabilities CASH RESERVES Unrestricted funds Brought forward Net receipts/(payments) for the year Transfers Designated funds Brought forward Net receipts/(payments) for the year Transfers Restricted funds Brought forward Net receipts/(payments) for the year Transfers Total cash reserves	31 March 2021 £ 5,235 5,235 22,526 - - 22,526 27,761 780 780 46,719 (24,193) - 22,526 - - - - - - - - 22,526	31 March 2020 £ 6,962
		6,962 46,564 155 814
		47,533
		54,495
		1,260
		1,260
		29,484 16,982 253
		46,719 945 - (945)
		- 1,653 (2,345) 692
		-
		46,719

Signed on behalf of the trustees on 7th August 2021.

A Martin Trustee

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CREATIVE OPPORTUNITIES

YEAR ENDED 31 MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

1 Donations and gifts

1 Donations and gifts
Donations from; C Stricker Other donations and gifts 2 Grants received John James Foundation Furlough Grants Covid-19 Council Grants 3 Movement in Funds Restricted funds Big Lottery Fund - Awards For All John James Foundation Bloom and Grow Unrestricted funds General funds Designated funds Prior Year Comparative Restricted funds Big Lottery Fund - Awards For All John James Foundation Bloom and Grow Unrestricted funds General funds Designated funds	£ - - - At 1 March 2020	Total 31-Mar-21 £ - - - Total 31-Mar-21 £ - 7,972 14,455 22,427 Income Expenditure - - - - - -	Total 11 Months to 31 March 2020 £ 86,632 1,035 87,667 Total 11 Months to 31 March 2020 £ 3,000 - - 3,000 Transfer £ - - - - - - At 31 March 2021
	-	- -	- -
	46,719 -	22,606 (46,799) - -	- 22,526 - -
	46,719	22,606 (46,799)	- 22,526
	46,719	22,606 (46,799)	- 22,526
	£ 1,007 646 - At 30 April 2019	Income Expenditure - (1,007) - (646) 3,000 (3,692)	Transfer £ - - - - 692 - At 31 March 2020
	1,653	3,000 (5,345)	692 -
	29,484 945	89,517 (72,535) - -	253 46,719 (945) -
	30,429	89,517 (72,535)	(692) 46,719
	32,082	92,517 (77,880)	- 46,719

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