See Saw Pre-school CIO Accounts for the year ended 31 st August 2023 Registered Charity Number: 1158614 See Saw Pre•School CIO Accounts for the year ended 31 August 2023 Contents and Charlty Informatlon Contents Page Report of the Trustees 1and2 Statement ol Financial Activities Balan¢e Sheet Notes lo the Accounts 5and6 Twstees Joanne Brasher Deborah Hardingham Rev Siuarl Wood Angela Mccabe (appointed 23 November 20231 Suzanne Cooke (appointed 23 November 20231 Address The Hub 15 Barnwell Road Cambridge C85 8RG Charlty Reglstratlon Number 1158614 See S•w p￿-SchOol CIO Page 1 Accounts for the year ended 31 August 2023 Roport of thè Trust8•5 The Iruslees present their annual re￿rt and the accounts lor the year ended 31 August 2023. The accounts cornply with the Charities Act 2011 and Accounling and R6POrting by Charities.. Stalemenl of RecommeThJed Practice applieable to charities prepaiing their accounts In accordan￿ wlh the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 lefleclive 1 January 20191. Statement ot Trustees Responsibllllles Charity law requires the liustees to prepare accounts lor each linan¢ial year whioh give a true and fair view of the state of amairs ol the charity and ol the sU￿lUS or deficit of the charity for that y8ar. In preparing those accounts, the truste9s are required to.. Select suitable accounting policies and apply them consistently. Make judgements and estimates that are reasonable arKI prudent. Propare the accounts on Ihe going concern basis unless it is inappropriate to presume that the charity will continue in busine5S. Observe the methods and principles in the applicab18 Charities SORP. Stale whether applicable accounting standards have been followed, subjeet to any matgrial dgpartures Ihal musl be disdosed and explained in the accounts. lvl The trustees are res￿nSIble lor keeping proper a(xounting records which di5¢1ose with feasonable awuracy at any time, the financial position ol the charity and to enable them to 8nsurè that thè accounts cotnply thg Charities Act 2011. Th8y are also rgspon5ible for safeguarding the assets ol the charity and hence lor taking reasonable steps lor Ihe pievenlion atKI dgtoction of fraud and other Structure. Governance and Management Governing Document East 8arnwell & Abbey CIO was fomied by a goveming doournenl and was registered as a harity on 18 Septernber 2014. On 1st November 2020, the assets and liabilih"e5 of East 8arnwell Comrnunity Asswiabon relating to the activities of See Saw Pre-school were translerred into the East Bamwell & Abbey CIO. The trbste65 agreed lo change the narne and objects ol the East Barnwell & Abbey CIO to reflect this, and the chang8 to S88 Saw Pr8-School CIO wa5 granted by the Charity Comrnission in May 2021. Appolntment ol trustees New trustees are appointed by a tnajority of trusl8es in office al that time. Angela Mccabe and Suzann8 Cooke were appointed as trustees on 23 November 20¥3 as the charity continues to work towards strengthening the trustee body. Thg current trustees are continung to actively looking at recruiting new trustees. Trustee Inductlon and Iralnlng The truste85 ar8 currently r9viewing the procedures in place for trustee induction and training by refereme to guidance pU￿1shed by the Charity Commission. See Saw Prfrschool CIO Page 2 Accounts for the year ended 31 August 2023 Report of the Trustees OrganlsalSonal St￿￿U The charity has a board ol trustees who are resptsnsible lor ils strategic direction and Policy. Objocts and Activities The Charity's objects ar& to advance the education arKI developttTent ol children under statutory school age, in particular in Abbey and the surrounding areas in the county ol Cambridgeshire and in so doing Al Offer appropriate learning experiences and play facilrties., Bl Ensure the nursery offers opportunities for all children whatever their race, culture, religion, means or ability.. Cl Encourage parents to become involved in the activitiés ol thè nursery. During the year, the trustees have continued to work with the Pre-s¢hool manager lo embed good practice aeros5 the selling, in¢luding investment in Continuing Professional Development lor staff. The Trustees remain comrnitted lo the Charity being a Real Living Wage employer, and have sought to continue to support the stall lo provide the b&sl environment lor the children that attend the setting. The ¢onvorsalions about a new physical space to continue to provide the Pre-school provision are ongoing, arid al the lime ol signing these accounts, the Trustees were wailing on the outcome ol a planning application submilled by Cambridg& City Council, who have taken over the lead on the development from Cambridgeshire County Council. Continued use tsf the current lerllporary sile has been agreed. This report was approved by the board of Iruslees on 23rd May 2024 and signed on their beha￿. Jo Brasher Trustee See Saw Pre-school CIO Charlly number 1158614 Page 3 Accounts for the year ended 31 August 2023 Slalement of Flnancial Aetlvltles 2023 2022 Recelpts Fees & Grants Income from Activities Investment Income Other Income (Suspensel 123,551 703 138,544 3,587 30 124,742 142,161 Payments Accountancy, Bank Charges & Consultancy Building & Grounds Mantenance Cleaning and hygiene EdLJcation, Play EqLJipment and Support Insurances & Subscriptions Office Expenditure Photocopier Costs Postage, stationery and sundrie5 Rent Repairs and maintenance Slatf Costs Telephone Training Uniform 77 195 1,531 3,459 863 139 463 198 7,500 3,912 87,395 923 1.150 320 636 1.517 5.268 1,221 612 219 7,SCKJ 1,661 93,285 1,011 1,123 458 114,955 108,125 9,787 34,036 Management charge from Abbey People (Registered Charity Number.. 11805601 17,900 15,000 Net Movement in the Perlod -8.113 19,036 Reserves Brought Forward 135.051 116,015 EBCA Reseryes transferred to Abbey People (Registered Charity Number- 11805601 -38,973 Rgsgrv8$ Carrled Forword al 31$1 August 2023 £87,965 £135,051 See Saw Pr&School CIO Charlty number 1158614 Page 4 Accounts for the year ended 31 August 2023 Balance Sheet 2023 2022 Notes Current Assets Cash at bank and in hand 87,965 139,324 Total Current Assets 87,965 139,324 Liabllities Creditors: amounts falling due within one ygar 4,273 Nel Assets £87,965 £135,051 The funds of the charlty Unrestricted Funds 87,965 135,051 Tolal charity funds £87,965 £135,051 The accounts were approved by the trustees on 23rd May 2024 and signed on their behalf. Jo Brasher Trustee See Saw pr￿SChOol CIO Charlty number 1158614 Page S Accounts lor the year ended 31 August 2023 Notes to the Account8 Accountlng Pollcle$ lal Basis of Preparation ol Accounts The accounts have been prepared in accordance wilh Accounbng and Reporting by GhaTlties'. Statement of RecornThended Practice applicable lo chariti95 preparing Ihfyir accounts in accordance with the Financial RewrtirvJ Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Effective 1 January 20191- Icharrties SORP IFRS 10211, the financial reporting standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. See Saw Pre-school CIO meets the definition ol a public benefit enlily under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othefwise staled in the relevant accounting policy nolelsl. The trustees consider that there are no tnaterial uncertainties 2b(>ut the charitrfs ability to continue as a going concerri. The Iruslees do not consider that there are any sources of estimation uncertainty ai the reporting date that have a significant risk ol Causing a material adjustment to the carrying amounts ol assets and liabililies wilhin the next reporting period. Income Incoming resources are recognised in the y$ar in whi¢h the ¢haiity is entitled to the receipt, and the arnount can be measured with reasonable certainty. Income is only deferred when the charity has to lullil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period. Icl Expendlture Expenditurè is recognlsed on an accruals basis as a liability is incurred. Expenditure in¢lude5 any VAT whi¢h cannot be lully re¢overed. and is reported as part ol the expendilure to which it relates. Idl Credltors and provlslons Creditors and provisions are recognised where ihe charity has a present obligation re5ultin9 frorn a past event that will probably result in thg transler ol funds to a third party and the amount due to sellle the 0￿19atIOn can be measured or estimateol reliably. Creditors and piovisions are normally recognised at their settlement amount after allowing lor any trade discounts due. lel Fund Accountlng unres1ii￿ed funds are available to spend on aGtivilies that further any ol the purpos88 ol the charity. Designated funds are unrestricted funds ol the charity which the trustees have d￿lded al their dis¢relion lo sel aside ID use lor a speeilie purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas ol the charity's work or lor specilic projects being undertaken by the charity. See Saw Pr&School CIO Charlty number 1158614 Page 6 Accounts for the year ended 31 August 2023 Notes lo the Accounts Cash at Bank and In Hand 2023 2022 Lloyds Bank Account CAF Cash Account CAF Gold Account 37,353 61,947 40.024 47,542 40,423 £87,965 £139,324 Credltors: amounts falllng due within one year 202 2022 Due to Abbey People 4.273 £0 £4,272 Trustee Remuneration and Expenses No remuneration was paid lo any of the Irusl8es in the year, nor were any expenses reimbursed lo them. Related Party Transactions There were no related paty transactions in the year that required disclosure. See Saw Pre-school CIO Accounts for the year ended 31 August 2023 Independent Examlnerfs Report to the Board of Trustees of See Saw Pre-school CIO I report to the trustees on my examination of the accounts of the charily for the year ended 31 August 2023 Responsibilities and Ba$is of Rèport As the charity's trustees you are responsible for the preparation of the a¢counts in accordance with the requirements of the Charities Acts 20111.lhe A¢l"}- I reporl in respect of my examination of your charity's a¢¢ounls carried out undef section 145 of the Act, and in carrying out my examination I have followed the applicable direclions given by the Charity Commission under section 14515llbl of the Act. Ind¢pond0nt Examlner's Statement I have completed my examination. I confirm that no material mallers have come lo my attention in connection with the examination giving me Cause lo believe that in any material respect.. th8 accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination I have no concerns and have come across no other mallers in eonneclion with the examination to which allenlion should be brought in this report in order to enable a proper understanding of the accounts lo be reached. Geoff Mann FCIE Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ