2025-03-31-accounts - Opportunity Playgroup Eye

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Eye Opportunity Group

EYE OPPORTUNITY GROUP

Charity number 287907

FINANCIAL STATEMENTS

FOR THE YEAR ENEDED 31 MARCH 2025

MARSH ACCOUNTANCY 67 GARDENERS ROAD DEBENHAM STOWMARKET SUFFOLK IP14 6RX

Eye Opportunity Group

Index to the Financial Statements

For the year ended 31 March 2025

	Page
Trustees Annual Report	1
Independent Examiner’s Report	2
Statement of Financial Activities	3
Balance Sheet	4
Notes	5 – 7

Eye Opportunity Group

Trustees Annual Report For the year ended 31 March 2025

The committee comprising the Trustees submits its report and the financial statements for the year ended 31[st] March 2025.

Governance

The charity is registered by the Charity Commission for England and Wales, registration number 287907. The charity’s objects and rules are as set out in its Constitution adopted 12[th] November 2009 having previously been adopted in June 1983, as amended 5[th] September 1983, 5[th] December 1990, 7[th] November 2002, 5[th] August 2003 and 12[th] November 2009, as amended on 7[th] February 2023.

The committee meets regularly to review and oversee the charity’s policy management and statutory and financial business. It comprises the principal officers (Chairman, Secretary and Treasurer) and no less than 4 and no more than 9 other members. The committee has power to co-opt up to 3 further members with special knowledge, experience or interest appropriate to the charity’s aims and objectives. No officers may be elected for a sixth consecutive year in the same post.

The members and officers of the committee during the year were:

Nicholas Joy – Chair	Alison Carter
Bridget Hitchman – Treasurer	Jane Scott
Jane Bright - Secretary	Kerry Scott
Laura Chapman	Caroline Boama

Charitable Aims and Objectives

The group is established to provide safe and satisfying group play for the advancement of education and development of children. It provides a supportive environment for children with additional needs and their families. The group also provides a day care setting and offers support to families and carers in the local community and surrounding areas.

Financial Statements

The financial statements are drawn up in accordance with the charity’s constitution and all statutory requirements. A deficit of receipts over payments of £11,478 (2024: £36,574) was realised for the year. At the year-end total funds were £84,212 (2024: £95,690).

Reserves Policy

The charity endeavours to maintain unrestricted reserves equating to £ 35,000 to cover the cost of closing the charity should this situation arise or relocating to a new site. This reserve includes funds for statutory redundancy and notice payments for staff.

Approved by the committee and sign on its behalf by

Chairman Treasurer

Date: Date:

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report on the accounts of the Eye Opportunity Group for the year ended 31 March 2025 which are set out on pages 3-4.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the year under section 114 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Examine the financial statements under section 145 of the Charities Act;
To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and
To state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations for you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement

In connection with my examination, no matter has come to my attention:

Which gives reasonable cause to believe that in any material respect the requirements
To keep accounting records in accordance with Section 130 of the Charities Act and
To prepare accounts which accord with the accounting records and
To comply with the accounting requirements of the Charities Act

have not been met, or

To which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.

Rachel Marsh FMAAT Marsh Accountancy 67 Gardeners Road Debenham Suffolk IP14 6RX

Date: 04 November 2025

Eye Opportunity Group

Statement of Financial Activities For the Year Ended 31 March 2025

Notes Incoming Resources Activities for generating funds Fundraising & donations Investment income Gift Aid funding Total incoming resources Resources Expended Salaries 2 Employers Pension contributions Postage & stationery Activities, trips & outings Heat & light Training & subscriptions Toys & equipment Rent & Rates Repairs & maintenance Insurance Refreshments Telephone & broadband General Running Costs Independent Examiner’s Fee Payroll fees Depreciation 3 Total resources expended Net incoming/outing resources Net movement in funds Total funds brought forward Total funds carried forward 6 Incoming resources from generated funds; Incoming resources from grants and funding	Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 £ £ £ £ 1,971 - 1,971 2,042 2,921 - 2,921 22,319 1,213 - 1,213 818 - - - - 145 49,413 49,558 67,873
	6,250 49,413 55,663 93,053
	- 51,487 51,487 43,814 - 634 634 568 - 148 148 275 - 209 209 81 - 2,067 2,067 1,432 - 168 168 510 - 2,075 2,075 2,769 - 2,012 2,012 2,092 - 4,031 4,031 1,054 - 503 503 403 - 573 573 459 - 878 878 736 - 561 561 290 - 630 630 300 - - - 300 1,166 - 1,166 1,396
	1,166 65,975 67,141 56,479
	5,084 ( 16,562) ( 11,478) 36,574
	5,084 ( 16,562) ( 11,478) 36,574 75,690 20,000 95,690 59,116
	80,774 3,438 84,212 95,690

Eye Opportunity Group

Balance Sheet As at 31 March 2025

Notes Fixed Assets 3 Equipment Current Assets 4 Debtors and prepayments Cash at bank and in hand: Bank current account Bank Base Rate Tracker account Cash in hand Current liabilities 5 Net current assets Total net assets Unrestricted funds Restricted funds 6 Creditors: amounts falling due within one year	Unrestricted General Designated 31 March 2025 31 March 2024 £ £ £ £ 2,076 - 2,076 3,242
	- - - - 3,095 - 3,095 11,629 75,810 3,438 79,248 81,034 94 - 94 85
	78,999 3,438 82,437 92,748 300 - 300 300
	78,699 3,438 82,137 92,448

	80,775 3,438 84,213 95,690
	80,774 - 80,774 95,690 - 3,438 3,438 -
	80,774 3,438 84,212 95,690

Approved by the trustees on ______ and signed on its behalf by:

Trustee

Trustee

Eye Opportunity Group

Notes to the Financial Statements For the Year Ended 31 March 2025

1. Accounting policies

Accounting convention

These accounts have been prepared under the historic cost convention and in accordance with the Financial Reporting standard for Smaller Entities (effective April 2009). In preparing the financial statements the charity follow best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP 2005) used in March 2005.

Grants, donations and fundraising

Income is received by way of grants, donations and fundraising activities, which are included in full in the statement of financial activities as soon as the charity has entitlement to the income, there is certainty of receipt and the amount is quantifiable.

Investment income

Bank interest is included in the statement of financial activities as it becomes due.

Resources expended

All expenditure; including the purchase of toys and equipment, is included in the statement of financial activities, as soon as the obligation arises.

Funds

The charity maintains various types of funds as follows:

Unrestricted funds represent unrestricted income which is expendable at the discretion of the trustees in furtherance of the objectives of the charity.

Restricted funds represent donations and grants received which are allocated by the donor for a specific purpose.

Fixed assets

The depreciation rates used are as follows:

Equipment 20% straight line method.

2. Staff emoluments

Salaries Employers Pension Contributions Average number of full time equivalent employees	£ £ 51,487 43,814 634 568 31 March 2025 31 March 2024
	52,121 44,381

	5 6

No employee earned more than £60,000 in the year. No remuneration or expenses were paid to trustees in the year.

Eye Opportunity Group

Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

3. Fixed Assets

Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024	Equipment Total £ £ 9,761 9,761 - - 9,761 9,761 6,519 6,519 1,166 1,166 7,685 7,685 2,076 2,076 3,242 3,242

4. Debtors and prepayments

There were no debtors at 31 March 2025 (2024:£nil).

5. Creditors: amounts falling due within one year

PAYE creditor Accruals	£ £ -- 300 300 300 300 31 March 2024 31 March 2025

Eye Opportunity Group

Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

6. Restricted funds

BBC Children in Need Adnams Community Fund Masonic Charitable Trust Mid Suffolk District Council Diss Rotary Club SCCAPORS Activities Unlimited	Funds transfer Balance at 31 March 25 Incoming Outgoing £ £ £ £ £ - 24,362 24,362 - - - 1,000 1,000 - - - 4,028 4,028 - - 20,000 3,948 20,510 - 3,438 - 450 450 - - - 15,625 15,625 - - Movements in funds Balance at 1 April 24
	20,000 49,413 65,975 - 3,438

BBC Children in Need - funds provided for running costs Adnams Community Fund - funds provided for running costs Masonic Charitable Trust - funds provided for running costs Mid Suffolk District Council - funds provided for running costs RCDO Trust - funds provided for running costs SCCAPORS Activities Unlimited - funds provided for running costs

7. Taxation

The playgroup is a registered charity and does not trade for tax purposes. It is not liable to corporation tax on its surplus.