# **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 1 **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; 2 **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. 3 **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**| **4** **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 **5** **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**| **6**