2022-03-31-accounts

Object	i	v	e	s and	Acti	viti	es
							SORP reference
Summary		of		the purposes		of	Para 1.17	The Opportunity Group (Frome and District)
the charity			as set out		in its			T/A Frome Opportunity Nursery which was
governing		document						established 36years ago, is a pre-school	for
								children.
Summary ofthe main activities in relation to those							Para 1.17and 1.19	It currently has 45 children on roll aged between 2 and 4 years, who attend for a
purposes		for		the public				varying number ofsessions a week.
benefit,	in	particular,			the			The objectives ofThe Opportunity Group
activities,		projects or			services			(Frome and District) are to enhance the
identified		in the accounts.						development and education ofchildren
								under statutory school age by encouraging
								parents to understand and provide
								for the needs oftheir 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 ofsuch
								groups, ensuring that such groups offer
								opportunities for all children, regardless	of
								race, culture, religion or means, and; b)
								encouraging the study ofthe needs ofsuch
								children and their families and promoting
								public interest in and recognition ofsuch
								needs in the local areas.c)investigating	and
								adhering to and furthering the aim ofthe
								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			us are parents ofchildren at The Opportunity
had regard			to the guidance					Group (Frome and District) we have an
issued by		the Charity						indirect benefit from the charity and thus	a
Commission				on public				conflict ofinterest arises in certain
benefit								circumstances. During the financial period,
								no discussions or decisions have taken
								place to which the trustees have
								been conflicted.

				SORP reference
					The Nursery	continues to provide a good
					level of progress in the learning and
					development	ofthe Children so that they
Summary of achievements	the main ofthe charity,			Para 1.20	achieve the National Standards set by OFSTED and are prepared for their entry to
identifying the difference the					mainstream	education. The Trustees and
charity's work has made to					Management	Committee wish it to be placed
the circumstances of		its			on record that the success ofThe
beneficiaries	and any	wider			Opportunity	Group (Frome and District) is
benefits to society as		a			attributable	to the hard work of all the Staff of
whole.					the Nursery.
Financial	Review
Review ofthe charity's				Para 1.21	For the year	ending March 2022, The
financial position at the end					Opportunity	Group (Frome and District)
ofthe period					received EYE/Child place
					funding/fees/grants in the sum of6116,767
					and including grants/interest and fundraising
					delivered a	surplus of income over
					expenditure	of6963with total unrestricted
					funds carried forward of644,107(reserves,
					lus sur lus/deficit
Statement explaining		the		Para 1.22	The trustees	aim to hold in cash reserves a
policy for holding reserves					figure of622,500 (to cover the costs of
stating why they are held					salaries and	outstanding bills for 3 months
					and restricted funds in the event of nursery
					closing). At 31 March 2022 the cash reserves
					stood at 647 857
Amount ofreserves held				Para 1.22	F47,857
Reasons for	holding zero			Para 1.22	NIA
reserves
Details of fund materially			in	Para 1.24	NIA
deficit
Explanation	of any			Para 1.23	NIA
uncertainties	about the
charity continuing as a going
concern

Description	ofcharity'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
			1986and amended on 11th May 1992.The
			Constitution Governing Document is being
			utilised
How is the charity		Para 1.25
constituted?
Trustee selection methods		Para 1.25	The Trustees have the power to elect new
including details ofany			members and will do so in accordance
constitutional	provisions e.g.		with the Constitution Governing
election to post or name of			document. .New trustees will be recruited	in
any person	or body entitled		the coming financial period from the existing
to appoint one or more			parent base and the wider community.
trustees

Charit name		The 0	ortunit	Grou	Frome	and District
Other name the chari uses
Re istered charit	number	294106
Charity's principal	address	Wyville	Road,	Frome,	Somerset,	BA11 2BN

			110,707			116,767	110,954
Sub total(Gross	income forAR/
A2 Asset and investment		sales
(see table).
		Sub total
	Total	receipts	11s,767	-	.	116,767	110054
A3 Pa ments
Wages/salanes			91,223			91,223	91,904
HMRC			4,446			4,448	1,226
Pensions			5,054			5,054	5,305
Consumables/equipment			7,001			7,001	6,050
Maintenance/service			2,754			2,754	2,872
Insurance/ofsted			1,033			1,033	1,717
Training			598			598	719
Utilities/rates			1,246			1,246	960
Other/ad/ustment			2,448			2,448	236
		Sub total	115,804			115,804	110,989

			Details		Fund to which belohgs	asset	Cost (optional)	Cost (optional)	Current value (optional)
83Investment	assets
			Details		Fund to which bslollgs	asset	Cost (optional)		Current value (optional)
84Assets retained for		the
charity's own	use
					Fund to which		Amount	due	When due
			Details		liability relates		(optional)		(optional)
85 Liabilities
Signed by one or of ag the trustees	two trustees	on behalf		Signature		print Name			Date of approval
						Andrew	Marr		1.624