2023-03-31-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. established
overnin		document						1986 is a re-school for children.
Summary ofthe main activities in relation to those							Para 1.17and 1.19	It currently has 43 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.

Achiev	ements and Pe	rformance
		SORP reference
			The Nursery	continues to provide a good
			level of progress in the learning		and
			development	ofthe Children so that they
Summary ofthe main achievements ofthe charity,		Para 1.20	achieve the National Standards OFSTED and are prepared for		set by 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 of The
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.

Finan	cial Review	cial Review	cial Review
Review	ofthe charity's				Para 1.21	For the year ending			March 2023, The
financial	position	at	the end			Opportunity Group (Frome and District)
ofthe period						received	EYE/Child		place funding/fees	in the
						sum of5130,519		and delivered a deficit		of
						expenditure over		income over ofF6,448 with
						total unrestricted		funds carried forward		of
						650,555	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 of	f22,500	(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	f54,305
Amount	ofreserves		held		Para 1.22	654,305
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	and District
Other	name the chari			uses
Re istered charit			number		294106
Charity's principal address					Wyville	Road,	Frome,	Somerset,	BA11 2BN
Names of		the	charity		trustees	who	manage the		charity
	Trustee	name			Office (ifany)		Dates	acted ifnot for		Name ofperson
							whole	year		(or body)
										entitled to
										appoint trustee
										(ifany)
	Lisa-Jane Marie
	Miles
2	Anna Rootes
3	Andrew	Marr