## ## ## ## |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| ## ##