2021-03-31-accounts - The Opportunity Group

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From Period start date 1.4.20 To 31.3.21 Period end date

Charity name: The Opportunity Group (Frome and District)

Charity registration number: 294106

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The Opportunity Group (Frome and District) T/A Frome Opportunity Nursery which was established 36 years ago, is a pre-school for children.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	It currently has 43 children on roll aged between 2 and 4 years, who attend for a varying number of sessions a week. The objectives of The Opportunity Group (Frome and District) are to enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by: a) offering appropriate play facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children, regardless of race, culture, religion or means, and; b) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas.c) investigating and adhering to and furthering the aim of the pre- school playgroups association.At The Opportunity Group (Frome and District) our mission is ‘Striving for Excellence in Early Years’.
Statement confirming	Para 1.18	The Trustees acknowledge that as some of

	whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit		us are parents of children at The Opportunity Group (Frome and District) we have an indirect benefit from the charity and thus a conflict of interest arises in certain circumstances. During the financial period, no discussions or decisions have taken place to which the trustees have been conflicted.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The Nursery continues to provide a good level of progress in the learning and development of the Children so that they achieve the National Standards set by OFSTED and are prepared for their entry to mainstream education. The Trustees and Management Committee wish it to be placed on record that the success of The Opportunity Group (Frome and District) is attributable to the hard work of all the Staff of the Nursery.

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	For the year ending March 2020, The Opportunity Group (Frome and District) received EYE/Child place funding/fees in the sum of £110,954 and delivered a deficit of expenditure over income over of £35 with total unrestricted funds carried forward of £43,144 (reserves, plus surplus/deficit)
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The trustees aim to hold in cash reserves a figure of £22,500 (to cover the costs of salaries and outstanding bills for 3 months and restricted funds in the event of nursery closing).At 31 March 2021 the cash reserves

		stood at £46,894
Amount of reserves held	Para 1.22	£46,894
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document	Para 1.25	The Opportunity Group (Frome and District) is governed by a Constitution. The Constitution was adopted on 25th March 1986 and amended on 11th May 1992. The Constitution Governing Document is being utilised
How is the charity constituted?	Para 1.25
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	The Trustees have the power to elect new members and will do so in accordance with the Constitution Governing document..New trustees will be recruited in the coming financial period from the existing parent base and the wider community.

Reference and Administrative details

Charity name	The Opportunity Group (Frome and District)
Other name the charity uses
Registered charity number	294106
Charity’s principal address	Wyville Road, Frome, Somerset, BA11 2BN

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
Lisa-Jane Marie Miles
Anna Rootes
Kate Eve Baggs		Resigned November 2020

4	Andrew Marr
5	Catherine Louise Grierson		Resigned November 2020

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s) Andrew Marr
Position)
Trustee
----- End of picture text -----

Opportunity Group (Frome & District) No (if any) 294106

Receipts and payments accounts

CC16a

For the period Period start date Period end date To from 01.04.2020 31.03.2021

Section A Receipts and payments

to the nearest £ - - - - - - - - - - - - - Restricted funds	to the nearest £ - - - - - - - - - - - - - Endowment funds	Total funds to the nearest £ 102,567 6,300 26 2,061 - - - - 110,954 - - - 110,954	Last year to the nearest £
			119,548
			-
			91
			461
			-
			-
			-
			-
			120,100


			-
			-

-	-	110,954	120,100

A3 Payments Wages/Salaries 91,904 HMRC 1,226 Pensions 5,305 Consumables & Equipment 6,050	A3 Payments Wages/Salaries 91,904 HMRC 1,226 Pensions 5,305 Consumables & Equipment 6,050	- - - -	- - - -	91,904 1,226 5,305 6,050
Wages/Salaries	91,904	-	-	91,904	92,610
HMRC	1,226	-	-	1,226	7,715
Pensions	5,305	-	-	5,305	5,921
Consumables & Equipment	6,050	-	-	6,050	7,087

CCXX R1 accounts (SS)

05/30/2024

Maintenance &Services	2,872	-	-	2,872	2,589
Insurance/Ofsted	1,717	-	-	1,717	35
Training	719	-	-	719	228
Utilities & Rates	960	-	-	960	1,865
Other/adjusment	236	-	-	236	1,526
*Sub total*	110,989	-	-	110,989	119,576

A4 Asset and investment
purchases, (see table)
	-	-		-	-
	-	-		-	-
**Sub total **	-	-		-	-	-

**Total payments **	110,989	-		-	110,989	119,576

**Net of receipts/(payments) **	- 35	-	-		- 35	524
A5 Transfers between funds	-	-	-		-
A6 Cash funds last year end	43,179	3,750	-		46,929	46,404
**Cash funds this year end **	43,144	3,750	-		46,894	46,928

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds	Details *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ 10,025 33,119 - 43,144 OK Unrestricted funds Unrestricted funds	to nearest £ - - - - Agreement Error Restricted funds Restricted funds	to nearest £ Endowment funds
				-
				-
				-
				-
				OK
				Endowment funds

CCXX R2 accounts (SS)

05/30/2024

B2 Other monetary assets B3 Investment assets	Details Details	to nearest £ - - - - - - Fund to which asset belongs	to nearest £ - - - - - - Cost (optional) - - - - -	to nearest £
				-
				-
				-
				-
				-
				-
				Current value (optional)
			-	-
			-	-
			-	-
			-	-
			-	-

B4 Assets retained for the charity’s own use

Details	Fund to which asset belongs	Cost (optional) - - - - - - - - -	Current value (optional)
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-

CCXX R3 accounts (SS)

05/30/2024

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details Signature	- - - - - Print Name Andrew Marr Fund to which liability relates Amount due (optional)	When due (optional)





		Date of approval
	Andrew Marr	30.5.24

CCXX R4 accounts (SS)

05/30/2024

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Report to the trusteesl members of The Opportunity Group (Frorne and DistriGt} On accounts for the year ended 2021 Charity no Ifan 294106 Set out on pages I report to the trustees on my examination of the accounts of the above charity {°the Trust") for the year ended Responsibilities and basis As the charity trustees, you are responsible for the preparation of the of report accounts in accordance with the Charities Act 2011 {llhe Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I hav8 followed all the applicable Directions given by the Charity Commission under section 145151(b) ofthe Act. Independent examiner's I have completed my examination. I confirm that no material matters have statement come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect,: the accounting records were not kept in accordance with section 130 of the Act., or the accounts did nol accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinalion. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete Ihe words in the brackets if they do not apply. Date: 28. 05. 1 Slgned: Name: Crai Pocock Relevant professional qualification(s) or body (If any): Address: CWTÉ&*O •f ni& iv4mivf£ oé Estune, 151 Lon Lon Ashton Bristol BS419JQ Ashton Road IER October 2018

Only complete if the examiner needs to highlight matters of concern (see CC32. Independent examination of charity aGcounts= directions and guidance for examiners). Give here details of any items that the examiner wishes to disclose. IER October 2018