2024-12-31-accounts - Cygnets (Whelnetham)

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REGisfERED CHARITY NUMBER: 1107009 Re rt of the Trustees and Unaudited Flnandal Stst errt5 for the Year Ended 31 December 2024 elnetham Knights Lowe Chartered Accountants Eldo House Kempson Way Suffolk Business Park Buryst Edmunds Suffolk IP32 7AR

helnetham Contents of the Financial Statements forthe Year Ended 31 December 2024 Page Report of the Trustees I to 2 Statement of Financial Activi Balance Sheet Notes to the Flnanclal Statemetrts Detslled Ststement of Nnandal Actl¥ttles io to li

Whelnetham ort f the Trustees for the Year Ended 31 December 2024 The trustees present their report with the financial ststements of the charty for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 20191. OBJEcnvES AND ACTivmES Objertives and aims The aim of the settin8 is to enhance the development and education of children. primarily for those under statutory school age. Working in partnership with its members, it encourages parents and guardians to understand and provide for the needs of their children. The setting believes that children learn through play and it Strives to provide appropriate resources and opportunities for play whilst educatin8 and caring for all its children. whatever their race, culture, religion, means or abilty. To facilitate Its aims, the Nursery only employs staff with relevant qualifications and stringently abides with safe recruitment best prartice. All staff are encouraged to wntinue their professional development to ensure continuing excellence. Each child is appointed a key worker to ensure that their development Is closely monitored and recorded. All staff have regular "supervisions" by their manager. ensurin8 pastoral and safeguarding matters are highlighted. The Nursery works closely with parents and guardians. ensuring that they are informed of activrties and of their child's progress. Publlc benefft The Trustees have considered the Charity Commission's guidance on public benefft, includin8 the guidance 'public benefit- running a charity IP821" The Nursery relies on grants from the local council and the income from fees to cover its operating costs. Affordability and access to our services 15 important to us and is reflected in the fees we charge to parents. FINANCIAL REVIEW Golng concern These financial statements continue to be prepared on a 80ing concem basis as the trustees are confident that the Nursery is in a strong financial position to continue going forward. STRucfuRE, GOVERNANCE AND MANAGEMENr Govemlng document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINisfRATIVE DEfAIiS Registered Charity number 1107009 Principal address Stanningfield Road Great Whelnetham Bury St Edmunds Suffolk IP30 OUA Trustees L Taylor S Fearns Ccoe S Millichamp V French E Young Page I

helnetham for the Year Ended 31 December 2024 Approved by order of the board of trustee5 on 14 June 2025 and signed on its behalf by: E Young- Trustee Page 2

ets helnetham Fin for the Year Ended 31 December 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMEKfs FROM Donation5 and legacies 71.039 37,330 Other trading attivities Investment income 44,559 252 27,102 230 Total 115,850 64,662 EXPENDITURE ON Raising funds 79,623 NEf INCOME/{EXPENDITURE) 21.762 114,9611 RECONCILIATION OF FUNDS Total funds brought forward 48.849 63,810 TOTAL FUNDS CARRIED FORWARD 70.611 48,849 The notes form part of these financial statements Page 3

ets Whelnetham lano Sheet 31 December 2024 2024 Unrestricted fvnd 2023 Total funds Notes CURRENT ASSErs Debtors Cash at bank and in hand 3,316 72,958 1,361 51,314 76.274 52,675 CREDITORS Amounts falling due within one year 15.663) 13,8261 NET CURRENT ASSETS 70,611 48,849 TOTAL ASSETS LESS CURRENT UABILMES 70.611 48,849 NET ASSErs 70.611 48,849 FUNDS Unrestricted funds 70.611 48.849 TOTAL FUNDS 70,611 48,849 The financial statements were approved by the Board of Trustees and authorised for issue on 14 June 2025 and were signed on its behalf by.. E Young- Trustee The notes form part of these financial ststements Page 4

Wh Inetham Notes to the Finanaal Stste nts for the Year Ended 31 December 2024 ACCOUNTING POUCIES Basis of preparing the financlal statements The financial statements of the charity, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities: Ststement of Recommended Prartice applicable to charf(ies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffettive l January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Ststement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilitie5 are reco8ni5ed as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be dirertly attributed to particular headings they have been allocated to actNities on a ba515 consistent with the use of resources. Taxatlon The charity is exempt from tax on its charitable activities. Fund accountln8 Unrestricted funds can be used in accordance Vlith the charitsble objectives at the discretion of the trustees. Restricted fund5 can only be used for particular restritted purposes within the objects of the charlty. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements, Penslon costs and other post-retlrement beneffts The charity operates a defined contribution pension stheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities In the period to which they relate. OTHER TRADING AcrivmE5 2024 2023 Fundraising events Other sales Pre school fees Breakfast club After school club Snack contributions School lunches and snacks 1,861 5,036 10,Z83 8,093 18,793 3,405 119121 2,685 544 6,234 3,206 14.695 1,609 11,8711 44,559 27,102 Page 5 continued...

Whelnetham Notes t the Financial tst me - contlnu forthe Year Ended 31 December 2024 INVESTMENf INCOME 2024 2023 other participating interests 252 230 RAISING FUNDS Ralslng donatlons and legacles 2024 2023 Staff costs Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Support costs 72,946 60.224 714 1.021 3,225 1.102 578 789 4,342 1.263 764 1,053 4,065 84,562 71,995 Investment management costs 2024 2023 Staff costs Administrative expenses Property repairs 1,383 1,647 3,018 1,171 1.263 3,094 5,528 Aggregate amounts 79,623 TRusfEES' REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December.2023. Trustees. expenses There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. Page 6 continued...

Whelnetham otes to the Financial Stateme - wntin for the Year Ended 31 December 2024 COMPARATIVES FOR THE STATEMENT OF FINANaAL AcnvmES Unre5tritted fund INCOME AND ENDOWMENTS FROM Donations and legacies 37,330 Other trading activities Investment income 27,102 230 Total 64,662 EXPENDITURE ON Raising funds 79.623 NEf INCOME/IEXPENDmJREI 114,9611 RECONCILIATION OF FUNDS Total funds brought forward 63,810 TOTAL FUNDS CARRIED FORWARD 48,849 DEBTORS: AMouKfs FALUNG DUE wrrHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepayments 2,964 221 784 356 352 3,316 1,361 Page 7 continued...

ets helnetham es to the Financial tatements- continue for the Year Ended 31 Deomber 2024 CREDrroRS: AMOUNTS FAWNG DUE WIThIN ONE YEAR 2024 2023 Taxation and social security Other creditors 1,698 2,128 3.315 5,663 3,826 MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At 1.1.24 Unrestrlcted fund5 General fund 48,849 21.762 70,611 TOTAL FUNDS 48.849 21.762 70,611 Net movement in funds, included in the above are as follows: Incoming resources Resour$ expended Movement In funds Unrestrlrted furMIs General fund 115.850 (94,088) 21,762 TOTAL FUNDS 115 {94,088) 21,762 Comparatlves for movement In fvnds Net movement in funds At 31.12.23 At 1.1.23 Unrestrfcted funds . General fund 63.810 {14.9611 48,849 TOTAL FUNDS 63.810 114,961) 48,849 Page 8 continued...

ets Whelnetham to the Financial Statements- continued for the Year Ended 31 December 2024 MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows: Incomin8 resources Resources expended Movement in funds Unrestrlcted funds General fund 64.662 179.623} 114,961) TOTAL FUNDS 64,662 {79.6231 114,9611 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.12.24 At 1.1.23 Unrestricted fvnds General fund 63.810 6,801 70,611 TOTAL FUNDS 63,810 6.801 70,611 A current year 12 months and prior year 12 months combined net movement in funds. Included in the above are as follows.. Incoming resources Resource5 expended Movement in funds Unrestrlrted funds General fund 180,512 {173,7111 6,801 TOTAL FUNDS 180,512 1173,7111 6.801 io. REiATED PARTY DISCLOSURES There were no related party transartions for the year ended 31 Dember 2024. Page 9

ets tham Detsiled Ststement of Financial Attiviti for the Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENrs Donations and legacies Donations & grants 71.039 37,330 Other trading artivltles Fundraising events Other sales Pre school fee5 Breakfast clkjb After school club Snack contributions School lunches and snacks 1,861 5,036 10,283 8,093 18,793 3,405 12,9121 2,685 544 6,234 3,206 14,695 1,609 (1,8711 44,559 27.102 Investment Income Other participating interests 252 23Q Total incoming resources 115,850 64,662 EXPENDITURE Ralslng donatlons and le8acles Wages Rates and water Insurance Light and heat Telephone Postage and stationery Sundries 72.946 60,224 714 1,021 3,225 1,102 578 789 1,263 764 1,053 80,497 67,653 Other tradlng artlvltles Consumables Subscriptions Advertising I54 1,622 389 89 220 3,478 2,100 Investment management costs Pensions Administrative expense5 Property repairs 1,383 1,647 3.018 1,171 1,263 3,094 5,528 This page does not form part of the statutory financial statements Page 10

Whelnetham Dets¢led Statem nt Fin cial Artivlties for the Year Ended 311)ecember 2024 2024 2023 Support costs Govemance costs Accountancy and legal fees Bookkeeping and payroll costs 2,625 2.902 4,065 4,342 Total resources expended 79.623 Net Income/(expendlturel 21,762 114,9611 This page does not form part of the sLitutory financial ststements Page 11

helnetham for the Year Ended 31 December 2024 Approved by order of the board of trustee5 on 14 June 2025 and signed on its behalf by: E Young- Trustee Page 2

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trtee8 Cygnets Vvhelnetham On accounts for the year ended 3111212024 Charity no (rf any) 1107009 Set out on pages ember lude the page numbers of additional sheeL, I rep)rt to the trustees on my eXaminatn of the aGcounts of the above charity fthe Twsf) for the year erKled 31112r2024 Responslbilities and basls of report As the charity8 trustees, you are responsible for the preparation of the accounts in accordance wtth the requirements of the Charities Act 2011 {Ihe Acr). I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examln•r'8 Statement I have completed my examination. I confimi that no material matters have come to my attention in conneth'on with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conceming 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 fairf view which is not a matter considered as part of an independent examination. I have no COnmS 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. . Ple8se delete the the bTrGkets rfthey th) >t apply. as j IO 12C)Q5. Name: Relevant professional qualification{s) or body IER Oct 2018

(rf any): Address: Section 8 Disclosure Only Gomplete if the examiner needs to highlight material matters of concem (see CC32, Independent examination of chanty accounts: directions and guidan for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018