CREATIVE OPPORTUNITIES FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Charity Number: 1176661
CREATIVE OPPORTUNITIES FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Contents Pages Reference and Administrative Information Trustees Annual Report 2to3 Independent Examiner's Report ReIPtS and Payment Account Statement of Assets and Liabilities Notes to the Financial Statements
CREATIVE OPPORTUNITIES REFERENCE & ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2024 Charity Name: Creative Opwrtunities Charlty Number: 1176661 (Charity Commission for England and Wales) Trustees During the reporting period. there were 3 Trustees: A Martin S Roberts HFOX Principal Address Creative OpEx)rtunilies The Vassall Centre Gill Avenue Bristol BS162QQ Bankers Natwest Bank PIC Fishponds Bristol 778 Fishponds Road Fishponds Bristol City Of BS16 3TX Indepondont Examiner Joshua Kingston Bsc. ACA Burton Sweet Limited The Clock Tower 5 Fadeigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR
CREATIVE OPPORTUNITIES TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 The Trustees present their report and the financial statements of the Charity for the year ending 31 Mard12024. Structure. Objectives and Activities Creative Opportunities is a Charitable Incorporated Organisalion (registered 15 January 20181 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 0 are socially excluded las a result of disabililyl 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 purF*)se of Creative Opportunities is lo reduce the gap between disabled and non4isabled people in the workplace thrwgh the development of accessible and supported training through pahd work placements. The organisation employs disabled adults andlor thosé with long-term health conditsons in horticulture with a focus on learning, work skills and strengthening team working and confidence to transition into continued paid employment. In o)nstituting the charity and conducting the activities in the year the Trustees have had regard lo the Charity Commission's guidan on public benefit. Recruitment of Trustees.. When a post becomes vacant the charity advertises the position in disability specific forums and community siles which we are members of. This is to ensure that trustees recruited have experience and skills commensurate with the responsibility of the position. Along with specific knowledge of the charity's beneficiaries. Trustees are recruited by the board of trustees alongside a panel of beneficiaryls. This is to ensur8 feedback frcffi users of the charity is taken into account vthen recruiting the key post of trustee. Achievements and Performan¢e Within its sixth year of operation Creative Opportunities has had the following key successes.. Volunteer hours of 1248 supporting smalls groups of volunteers who don't feel able lo commit to regular paid employment due lo health or disability- These groups come alongside our usual team and provide peer support in an indusive and supportive environment. The peer support model feedback from beneficiaries has shown that sharedllived experience of disability. coupled with structure and support around what the volunteer (3n achieve in the Workpla environment has provided meaningful and focussed opp)rtunities for our beneficiaries. 3 high quality paid work opportunities in horticulture for adults with disabilities andlor long-term health conditions. whilst retaining valued long-term colleagues. Creative Opportunities offered a total of 2340 employment hours to disabled adults in the 2023-2024 financial period. Creative Opportunities facilitated a number of high-quality sector specific training sessions with ScIfiC groups throughout the year. Creative opportunities supported 1248 volunteer hours
CREATIVE OPPORTUNITIES TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 Creative Opportunities donoted surplus food grown by our team to causes such 8S community groups who help our beneficiaries alongside other groups in need with addressing immediate food poverty and isolation. Financial Review The charity had receipts of £9.064 12023: £36,000) and total payTnents of £25.931 {2023'. £26,321) leaving a net defiut of £16.86712023= £9,679 surplus). Creative Opportunities goes into 202412025 is in a relatively good position of having a surplus and reserves in place. We have costs for overheads and salaries accounted for in advance 6 months ahead. At the close of reporting year end 31" March 2024. we had reserves for running costs totalling 3.8 months. In March 2024, Creative Opportunities was awarded a donation of £20,000 towards running costs of the charity. This donation will bring the charity's reserves in line with the reserves policy going forward. Reserves Pollcy Creative Opportunities goes forward into the n8w financial year with UnstrICted cash reseNes of£8.17812023: £25.0451. Creative Opportunities goes into 2024125 with reserves in place lo support continued horticultural training and employment for our beneficiaries. Rlsk Management Continuing our flexible way of working and SUPFQrting our core beneficiaries this year has meant continuing to adapt around our beneficiaries needs. We have made decisions around long term objectives of keeping Chanty seNing the needs of our beneficiaries in the most financially sustainable way. Statement of trustees, responsSbllltles The trustees are responsible for keeping suffiaent accounting records that disclose with reasonable accuracy al any lime the financial posil¥Jn of the charity and enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Irust deedlconstitulion. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees declare that they have approved the trustees report above. Signed on behalf of the charivs Iruslees.. S Roberts Dale.. Sep 03 2024 fyJhd4 Ro6e
CREATIVE OPPORTUNITIES INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 MARCH 2024 Independent examinerfs report to the trustees of Creative Opportunities I report tr) the trustees on my ex8minatK)n of the accounts of Creative Opportunities {the Charity} for the year ended 31 March 2024. Responsibilities and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act'}. I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under SeCtn 145(51{bJ of Ihe Act. Independent examiner's 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 respect of the Charity as required by section 130 of the Act,. or the accounts do not accord with those reo)rds I have no concems and have come across no olhermatters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to bè reached. Joshua Kingston Bsc, ACA Burton Sweet Limited The Clock Tower 5 Fadeigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR Date.. Sep 03 2024
CREATIVE OPPORTUNITIES YEAR ENDED 31 MARCH 2024 RECEIPTS AND PAYMENTS ACCOUNT Total Funds Total Funds 31 March 31 March 2024 2023 Unrestricted Restrlcted Funds Funds RECEIPTS Donations and gifts 9.064 36.000 TOTAL RECEIPTS 9.064 9,064 36,000 PAYMENTS Costs of charitable actlvlties Salaries and wages Seeds and plants Publicity and website Office expenses Subscriptions Insurance Allotment rent Accounts and Independent examination 22.555 302 22.555 302 24,228 97 254 100 727 330 1.662 254 100 727 330 1,662 211 96 157 1,524 TOTAL PAYMENTS 25.930 25.930 26,321 NET RECEIPTS I {PAYMENTS (16,866) {16,8661 9,679 Cash funds brought forward 25,045 25,045 15,366 Transfers beeen funds CASH FUNDS CARRIED FORWARD 8.179 8,179 25,045
CREATIVE OPPORTUNITIES AS AT 31 MARCH 2023 STATEMENT OF ASSETS AND LIABILITIES 31 March 2024 31 March 2023 Fixod Assots Equipment 1,781 1,781 Current Assets Current account 8.179 8.179 8.233 25,045 25,045 26,826 Total Assets Liabilities Accruals Total Llabllltles 1.662 1,662 1,524 1,524 CASH RESERVES Unrestrlcted funds Brought forward Nel receiplsllpaymentsl for the year Transfers 25,045 (16.8661 15,366 9,679 8.179 25,045 Total cash rè8er¥e8 8.179 25,045 Signed on behalf of the trustees on Sep 03 2024 fy)Ao< Ro6e S Roberts Chair of Trustee$
CREATIVE OPPORTUNITIES YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 1 Donations and gifts Total 31 MaKh 2024 Total 31 March 2023 Donations from., Donations and gifts Gift Aid 36,000 9.064 36.000 2 Movemont in Funds At 1 Aprll 2023 At 31 March 2024 Income Expendlture Transfer Unrestrlcted funds General funds 25,045 25,045 25.930 25,930 9,064 8,179 Prlor Year Comparatlve At 1 Aprll 2022 At 31 March 2023 Incomè Expendlturo Transfer Unrèstrlcted fund$ General funds