THE CYGNLTS MILTON PRE-SCHOOL
FINANCIAL STATEMENFS foR THE YEAR ENDED 3 1ST AUGUST 2025
CONfENTS AND PRE-SCHOOL tNFORMATION
COl(fENTS
PAGE..
Trustees Report
Independent Examiners Report
St&tement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Tlie followÉng pag¢s do not forni part of the StaNtory Financial St&tements'.
Income and Expendi￿re Account
CHAIR..
Lianne Stanfoi'd
TRUSTEES..
Sue Williams (Treasurer)
Nick Jones {resigned 14110/24)
Simon BLadley
Sonali Saccaram
Lianlle Stanford
Zoe Pattison
Fiona Pollard
Gemma Woodward (appointed 14110124)
Sarth James (appointed 14110124)
SECRETARY..
Simon Bradley
PRINCIPAL OFFICB..
Humphries Way
Milton
Cambridge
CB24 6DL
CHARITY NUMBER:
1155959
CON(PANY NUNtBEIL'
CE000997
INDEPENDENT EXAMINER,.
Ian Shipley FCCA
For and on behalf of..
Prenti8 & Co LLP
Chartered Accountants
Independent Examiners
115c Milton Road
Cambridge
CB4 IXE
BANI(ERS,.
Barclays.Bank UIC PIC
I Churchill Place
London
E14 5HP
Cambridge Build.ing Society
51 Newmarlcet Road
Canibridge
CB5 8FF

'THF. CYGNETS MfLTON PRE-SCHOOL
PALJE I
riNANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST AUGUST 2025
TRUSTEES, ANKUAL REPORT
The Tiustses pres¢nt Ih¢ir annual report for The CygTJets Milton Pre-school for the year ended 3 1st Augus¢ 2025,
The fllwicial statements cotnply with the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of
Recommended PraGti¢e applicable to chaTÉties preparing tEieir accounts in a¢cordance with the Finaiicial Reporting Standai
applicabL¢ in the UK and Republic of Ireland (FRS102) (effective 1st January 2019), as modifIed by the exemptions for small
charities provided in Update Bulletin l.
STRUCTURE, GOVERNANCE AND ￿￿NAGEMENT
The charLty IS constÉtuted as & Charitable Incorporated Organis&lion, incory)oi'atgd in 2014 under a standud membership CIO
(deed).
The Cygnets Milton Pre-school (Cygnets) is a registvred charity, and so requires volunteer Trustees to form a management
committee. The cornmittee is the 'registered person, for Ofsted,. in other words, the cotnmittee has liad to apply to Ofsled to
open this Pre-scliool. As such, the cominittee is ultiinatsly responsible foi. the health, saf¢ty and welfare of childrel), staff
and visitors, on top of the management of staff and finances, amongst other things.
It is a big responsibility, but the committee tries to make it enjoyable, atld enjoy contributing tim¢ througliout the year and at
f￿lld-￿sing events for Cygnets. It is a great way of being involv¢d in the community. We bave maintained our cornmiltee
members this past year and there is one new member currently in the process of joining the existing conlmittee. We are at a
point where we have some very long-standing members, and a new, extensive recruitment di'ive will have to occur in t￿e near
future.
ORGANISATION AND APPOINTMENT OF TRUSTEES
The committed arid experieiiced workforce consists of a Manager, Deputy Manager, lioom L¢&ders, an Office Manager and
other room staff, all of whom ensure the smooth running of the setting,
New Trustees are &ppointed by tlie existing committee members.
RISK MANAGEME.Nr
The mandgenient cotnmittee is responsible for ov¢rseeing of risks f&¢ed by Cygllets. Risks are ideDtifJed, asse8s¢d and
colitrols are established continually througknout the year. The management cominittee believes that this approach, which
closely monitors the operations, stafftng and finances of the Pre-school will rnitigate the Significant risks alld that
maintaining financial reseNes will provide sU￿L¢lent resources in the eveut of adverse conditions.
The safety of the children who atteiid the setting is parninount and sufficient safeguarding tMeasur¢s and insurance is in place
to ensure this.
ACTIVITIES AND OBJECTIVES
Staffing and Childreii
The committee is very forthnate to have such a committed and experienced workforce at Cygnets, ThL5 allows us to provide
continuity and a high stsndard of care for the children.
Due to the positive reputation of the setting within Ihe cotnmunity, demand for places ITh the setting has plateaued over the
pasi year. Once this was recognised, the management team and senior trustees worked to see where gaps have Occu￿ed. To
this en(t, we have opened breal(fast and afterschool clubs and Jnade tbem available to childr¢n who attend Ihe core-hours
sessions. We r¢¢ognise the coinplex juggling act that tkne management team completes every half tern] to accotnmodate as
many chilth'en as they can all while most effectively matching the myiad of staffllig conibination%, hours and rooins. I'he
numb¢￿ of children and sl'aff continue to put pi'essure on th¢ physical spaces within tlie setting,
Fuiidraising
The Nursery Education Funding received via Cambridge County Council does not fully cover costs. As a Tesult f¢¢s chargod
for extra sessions and sessions for children not qualifying for funding, plus additional fundraising events are needed to
maiiitain resources. train staff and meet facility tunning costs. This additioiial ￿ndillg was achieved by sponsored events
organised througl)out the year. The committee would like to thank everyone who supported the various events.

THE CYGNETS MILTON PRE-SCHOOL
FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST AUGUST 2025
TRUSTEES, ANNUAL REPORT,,........,.....
.continued
ACHIEVEMENTS AND PERFORMANCE
Despite rising opei'ational costs £￿d a tempoTai'y decline in attendance, the setting has experienced & successful year overall.
Thanks to the proactive efforts of the manag¢n)ent team, child numbers were restored by the end of the sll￿mer teirn, leading
to a more positive fmancial outlook. Ongoing guidance from the Cambridgeshire County Council Early Years teatn continues
to be beneficial, particularly in maintaining access to Nursery Education FundAng grants. Cygnets, longstanding commitment
to sound m&nagement pr&¢tic¢ ha5 played a key role in re-¢stablishing the Pre-school's strong financial position.
PUBLIC BENEFIT
The charity works for the public bellefit by having as its objectives, the development and education of chilth'en and young
people ￿)d is demonstrated by..
l) Promoting their care and safety,
2) Promoting their education alld proinoting parental involvement.
3) Promoting their health and w¢llb¢ing,
4) Providing services to support thetn and their families and carers.
5) Providing services to individuals holding tnembership of Ihe Charitable IllcoLporated Orgmisatioll.
6) FurtheritLg the allns of the Early Years Allianc¢.
FINANCIAL REVIEW AND RESERVES
The financial result5 for the year ended 3 l$t August 2025 show a surplus of £5,517 (2024: surplus £16,767). Income has
increased to £234252 (2024,. £215,650) and expenditure has increased to £228.735 (2024: £198,883).
Despite increasing operational costs, Cygnets overachi¢ved tbe budget set at the beginning oethe year and the overall sury)lug
was greater compared to the deficit originally plat]ned.
The setting's largest cost relates to staff salaries alld this incroased from last year by approximately £24k. This increase was
due to a required pay rise itrlplemented in April 2025 and higher Employer National Insurance Contributions,
Repatrs and rnainlenance costs rose during the year, reflecting the ageing condition of the prernises. However, all other
expenditure i'ernained broadly consistent with the previous year.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Tnistees are required by ch￿lty law to prepare financial staternents for each year which give a true and fair view of the
state of affairs of the charLty and of the surplus or deficit of the charity for that year. In preparing those financial statements,
the Trustee,s are i'cquired to..
(a) Select suitable accounting policieb and then apply them consistently.
{b) Malce judgetllLnts and estimates that are re&sonable and prudent.
(¢) Prepare the financial statein¢nts on a going concern basis unless it is inappropriate to presume th&t the charity will
continue in operation.
(d) State whether the policies adopted are in accordance with the Charities Act 201 L alld with applicable accounting
standards and Statements of Recornmended Practice, subject to any material departure and explained in the financial
statemellts.
(e) Observe tbe methods and principals of the Charities Statem¢Tht of Recommended Practice.
The Truste¢s ar¢ responsible for keeping proper records which disclose with reasonable accur&cy at any time the fmancial
POSLtion of the charity and to ensure that the fjnancial statements comply with the Char Aties Act.
The Tru5t¢es confTh they have refetTed to the guidance contained in the Cliarity Commission's general guidance on public
benefit when reviewing the charity's aims and objectives and in planning ￿t￿re activities.
ON BEHALF OF T14B TRUSTEES
Z_ SL/-
LIAKNE STANFORD
Chair
DATE

THE CYGNETS PfvllLTON PRE-SCHOOL
FINANCIAL STATEMENTS FOR THE YBAR ENDED 3 1ST AUGUST 2025
INDEPENDENT EXAMLNER'S BEPORT TO THE TRUSTEES OF THE CYGNETS MILI'ON PRE.SCHOOL
I report to the trustees on my examination of tlie accouE].ts of the Cygnets Milton Pre-school Charitable Incorporated
Organisation (the 'CIO') for the year ended 3 1st August 2025.
RESPONSTBILITES AND BASIS OF REPORT
As the I￿ste¢S of the CIO you are responsible for lh¢ PTeparation of the accounts in aGcordan¢e with die
requirementg of the Charities Act 2011 ( tkne Act").
I report in Tespect of my examination of the CIO'S accounts carried out und¢r section l45 of the 201 l Act and Ln
canying out ￿Y examination I have followed all the applicable DirecLions given by the Cl￿rIty Commission under
section 145(5)(b) of the Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my oxamination, I COnf￿ll that no material tEthtters have corne to my &ttention in coiittection with
the examination giving Ille cause to believe that in any matenal respttct;
l. &ccounting records were not kept in respect of the charity as required by seclion 130 of the Act,. or
2. the accounts do not a¢cord with those record8; OT
3. the aCCOUTLts do not comply with the applic&ble requirements concerning tlie fom] and conteats of accounts set
out in the Charities (Accounts and Reports) Regulations 2008 other Ih&n any r¢quir¢ment that the accounts give a
'IrLLe and fair view, which is not a matter considered as part of an independent examination,
I have no coiicents and have come across llo Other Énatters in connection with the examination to which attention
should be drawn in this report in order to ¢oable a proper uJd¢rstanding of the accowits to be reached.
IAN SHIPLEY FCCA
FOR AND ON BEFIALF OF;
PRENTIS & CO LLP
C14ARTERED ACCOUNTANTS &
INDEPENDFNT EXAhLINERS
I l5c Milton Road
Cambridge
CB4 IXE

THE CYGNETS NIILTON PRE-SCHOOL
PAGE 4
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST AUGUST 2025
STATEMENT OF FINANCIAL ACTIVITIES
Total
Total
Unrestricted Unrestricted
2025
2024
Notes
INCOME
Charitable activities:
FeeslFunding
Investment income
Othei
230,867
1,452
1,933
211,352
1,177
3,121
TOTAL INCOME
234,252
215,650
EXPENDITURE
Charitable &ctivitL¢S
228,735
198,883
198,883
TOTAL EXPENDITURE
228,735
NET tNCOME FOR THE YEAR
5,517
16,767
RECONCILIATION OF FUNDS
Total fund balance brought foThv￿d
Total fund balance carried foNiard
65,068
48,301
70,585
65,068
The Statement of Fiiiancial Activities includes all gaiThs and losses recognised in the year. All income and
expenditure derive from continuiiig activities.
The notes on pages 6 to 8 form part of these fllwicial statements.

THE CYGNETS MILTON PRE-SCHOOL
FINANCIAL STATEMENTS FOR THE YF.ARENDED 31ST AUGUST 2025
BALANCE SHEET
2025
2024
Notes
FIXED ASSETS
Tangiblc assets
2,40S
CURRENT ASSETS
Prepa)Thents
Cash at bank and in hand
2,562
110,598
113,160
2,452
102,629
TOTAL CURRENT ASSETS
105,081
LIABILITIES
Creditors.. Au)ounts falling due wilhin one year
42,575
42.421
NET CURRENT ASSETS
70,585
70,5 85
62,660
65,068
TOI'AL NET ASSEI'S
TFTE FUNDS OF TIIE CHARITY
Unrestricted ineome funds
70,585
65,068
TOTAL CIIARtTY FUNDS
70,585
65,068
Th¢ financial st&ternonts were approved by the Trustees on
Lrokn Iq. ZC-L
LIANNE STANFORD
Chair
The notes on pages 6 to 8 forni part of these financial state￿entS.

THB CYGNEI'S MILTON PRE-SCHOOL
PAGE 6
FINANCIAL STATENfENTS FOR THE YEAR ENDED 3 1ST AUGUST 2025
NOTES TO THE FfNANCIAL 8TATEfvtENTS
ACCOUNTtNG POLICIES
(a) BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The fLnancial statements h&ve been prepared under the histori¢al cost convention with items recognised
at cost or transaction value unless otherwise stated in the relevant notes to these financial statemeiits.
The fLnan¢ial statements have been prepar¢d in accordance with the StateLnent of Recommended Pr&ctiLe:
Accounting and Reporting by Charities preparing their accounts in accordance with tlie Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) issued on 1st January 2019
and the Financial Reporting Standard applicablo in the United IQngdom and Republic of Ireland (FRS 102)
and the Charities Act 20LI,
The Trustees consider there are no n)&terial uncertainties about the Pre-school's ability to coiitinue as a
going corLcern.
(b) STATEMENT OF CASH fLOWS
The Trustees have opted to take advantage of the atnendment to Charities SORP FRS 102, where only
larger charities are required to Prepare a Statement of Cash Flow.
(c) fNcoME
In¢ome represent8 the amount derived from the charitys ordinary activities. Income is recogllised in the
period iii which the charity is entitled to receipt aiid the amount can be Lneasured with reasoiiabl¢ certainty.
No income is stated net of any associated expenditure.
(d) EXPENDITURE
All expenditure is accounted for on an ￿¢rualS b&81.S.
Charitable expenditwr comprises tliose costs incurred by the clTrrity ill the delivery of its activities aiid
services to beneficiaries. Governance costs include costs &ssociated with rn¢eting the constitutional and
statutory requirements of the charity and are part of the charity's activities, Expenditure is allocaLed
to expense headings on a direct cost bas1S.
(e) TANGIBLE FD(ED ASSETS
TangLble assets are stated at cost less depreciation.
Depreciation is pi'ovided on all tangible fixed assets at i'&tes calculated to write-off the costs less
estirnated r¢sidual value of e￿h V&sset evenly over their expected useful lives as follows..
Fixtures and Fittings
- 250/0 StraIg￿t Line
Tlie Trustees have adopted a policy that only items iii excess of £,1000 are to be capÈtalised,
OThIER INCO
'rotal
Total
Unrestricted Unresti'icted
2025
2024
Photograph commission
Sponsor¢d Walk
Easy Fundraising
Christmas hamper
Children's uniform sales
School outing collections
Other fundraising
GiftAid
Sutnn]er Fayre
22
793
44
1,010
16
57
318
153
78
147
296
511
1.13
984
512
1,933
3,121

THE CYGNETS MILTON PRE-SCHOOL
FINANCIAL STATEMENTS FOR T14E YEAR ENDED 3 1ST AUGUST 2025
NOTES TO THE FINANCIAL STATEIWENTS
BXPENDITURE ON CHARITABLE ACTIVITIES
Total
Total
Unrestricted Unrestricled
2025
2024
Staff costs (llote 4)
Ilaining costs
Other staff costs
Payroll services
Materials aL]d activity supplies
New equipment , Boolos, Toys
EYPP expenditure
Sununer Fayre ¢xpenditure
E&ster FayTe expenditure
Milk and snacks
DeprivatÉon
Rent
Utility Costs
Waste disposal
Cleaning costs
Repairs &nd maintenance
Other School runnillg costs
Photocopying, stationery aiid postage
IT and website costs
Telephone and internet
Insurance and registration fee5
Accountancy
School outing
Sports day
Unifomi
Ban1( cELarges
Entertaintnent costs
Depreciatiou of fixtures and fittings
197,17k
217
162
1,551
1,611
1,859
1,729
41
173,264
485
133
L,497
1,475
743
471
117
37
16
999
3,041
746
4,878
3,496
3,239
1,293
1,156
55
1,12
1,218
53
45
999
2,579
967
4,824
2,747
129
322
876
1.260
370
io
320
250
117
2,408
252
110
2,407
228,73 5
198,883
STAFF COSTS
No remuneration was paid to any of the TNstees in the ycar, nor were any expenses reimbursed to them,
2025
2024
Salaries and wages (including social security and other taxes)
Employers Pellsion
192,023
5,148
197,171
169,017
4,24'1
173,264
The average number of employees dui'ing the year was 14 (2024.. 13).
No meinber of staff earned more tban £60.000.
The ktsy man&gement peisonnel of tkn charity comprise the Board of Trustees who give their lime
freely.

THE CYGNETS MILTON PRE-SCHOOL
PAGE 8
F￿ANCIAL STATEMFNFS FOR THli YEAR ENDED 31 ST AUGUST 2025
NOTES TO THE FINANCIAL ST'ATEMBTrrrs
TANGIBLE FIXED ASSBTS
CUIiRENT YEAR
COST
Balance &t 1st September 2024 and at 31 August 2025
DEPRECIATION
Balan¢e at I st September 2024
Charge for the year
Balance at 3 1st August 2025
NBT BOOK VALUE AT 31ST AUGUST 2025
Fixtures and
rittings
9,629
7,221
2,408
9,629
TANGIBLE FIXF.D ASSETS
PRIOR YEAR
COST
BaJaTrce at 1st September 2023 and at 31 August 2024
DEPRECIATION
Ba]ance at I st September 2023
Charge for the year
Balance at 3 1st August 2024
NET BOOK VALUE AT 31 ST AUGUST 2024
rixtures and
Fittings
9,629
4,814
2,407
7,221
2,408
DF.BTORS AND PREPAYMENTS
2025
2024
Pi'ep&yLnent5
2,562
2,452
CREDITORS
2025
2024
Trade creditor5
Taxation ￿ld social security
Accruals and deferred income
1,289
1,884
39,402
1,277
1,695
39,449
42,421
42,575
ACCUNIULATED FtrNDS
Year ended 3 1st August 2025
Bal￿]ce at
I st S¢ptetnber
2024
Balance at
3 1st August
2025
Income
Expenditure
Unrestricted funds
65,068
234,252
(228,735)
70,585
ACCUIN(ULATED FUNDS
Year ended 3 1st August 2024
Balance at
1st September
2023
Balance at
31 st August
2024
Income
Expenditure
Unr¢stricted funds
48,301
215,650
(198,883)
65,068
RELATED PARTIES
There were no related party tran$￿tiOnS during the year (2024.. noiie). Fee income from one Trustee was
received, for a child attending the pre-school. This was charged at market rate,