## **See Saw Pre-School CIO** **Accounts for the year ended 31st August 2024** **Registered Charity Number: 1158614** ## **See Saw Pre-School CIO** ## **Accounts for the year ended 31 August 2024** ## **Contents and Charity Information** |**Contents**|||**Page**| |---|---|---|---| |Report of the Trustees|||1 and 2| |Statement of Financial Activities|||3| |Balance Sheet|||4| |Notes to the Accounts|||5 and 6| |**Trustees**|Joanne Brasher||| ||Deborah Hardingham||| ||Rev Stuart Wood||| ||Angela McCabe||| ||Suzanne Cooke|(appointed 23 November 2023)|| |||(resigned 12 February 2024)|| |**Address**|The Hub||| ||15 Barnwell Road||| ||Cambridge||| ||CB5 8RG||| |**Charity Registration Number**|1158614||| **Page 1** ## **See Saw Pre-School CIO** ## **Accounts for the year ended 31 August 2024** ## **Report of the Trustees** The trustees present their annual report and the accounts for the year ended 31 August 2024. The accounts comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **Statement of Trustees Responsibilities** Charity law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that year. In preparing those accounts, the trustees are required to: - (i) Select suitable accounting policies and apply them consistently. - (ii) Make judgements and estimates that are reasonable and prudent. - (iii) Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business. - (iv) Observe the methods and principles in the applicable Charities SORP. - (v) State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the accounts. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Structure, Governance and Management** ## **Governing Document** East Barnwell & Abbey CIO was formed by a governing document and was registered as a charity on 18 September 2014. On 1st November 2020, the assets and liabilities of East Barnwell Community Association relating to the activities of See Saw Pre-School were transferred into the East Barnwell & Abbey CIO. The trustees agreed to change the name and objects of the East Barnwell & Abbey CIO to reflect this, and the change to See Saw Pre-School CIO was granted by the Charity Commission in May 2021. ## **Appointment of trustees** New trustees are appointed by a majority of trustees in office at that time. The current trustees are continung to actively look at recruiting new trustees. ## **Trustee induction and training** The trustees are currently reviewing the procedures in place for trustee induction and training by reference to guidance published by the Charity Commission. See Saw p￿-sChool CIO Page 2 Accounls for the year ended 31 August 2024 Report of the Trustees Organisational structure The charity has a board ol trustees who are responsible for ils strategic direction and policy. Objects and Activities The Charity's objects are lo advance the &Jucation and developmenl of children under stalulory school age, in particular in Al*)ey and the surrounding areas in the county of Cambridgeshire and in so doing A) Offer appropriate learning experiences and play facilities- Bl Ensure Ihe nursery offers opportunities for all children whatever their race, cullure. reloion, means or ability,. Cl Encourage parents lo become involved in the activilies of the nursery. During the year, the trustees have continued to work wtth the Pre-school manager lo embed good praclice across the setting, including inveslmenl in Continuing Prolessional Development for staff . The Trustees remain committed lo Ihe Charity being a Real Living Wage employer, and have sought to continue lo support the staff lo provide the tesl environment lor the children that att8nd the setting. The conversations at#)ul a new physical space lor the Pre.School provision are ongoing, and at the lirne of signing these accounts, the Iruslees have a meeting scheduled lo discuss the new build. which began in March 2025. with completion expected in 2027. The Irusiees are encouraged by the results for the year. bul are aware of the vulnerability ol the selling with Iluclualing numbers, low biflh rale and new build developmenls all impacting on numbers of pre.school children in the area. They are conslanlly evaluating ratios and are working with the Pre-school manager lo conlinue lo promole the setting locally. This report was approved by the board of trustees on 25th March 2025 and signed on their behalf. Jo Brasher Trustee **See Saw Pre-School CIO** **Page 3** ## **Charity number 1158614** ## **Accounts for the year ended 31 August 2024** ## **Statement of Financial Activities** |**Receipts**
Fees & Grants
Income from Activities
Investment Income
**Payments**
Accountancy, Bank Charges & Consultancy
Building & Grounds Maintenance
Cleaning and hygiene
Education, Play Equipment and Support
Insurances & Subscriptions
IT Costs
Photocopier costs
Postage, stationery and sundries
Rent
Repairs and maintenance
Staff Costs
Telephone
Training
Uniform
**Management charge from Abbey People**
(Registered Charity Number: 1180560)
**Net Movement in the Period**
**Reserves Brought Forward**
**EBCA Reserves transferred to Abbey People**
(Registered Charity Number: 1180560)
**Reserves Carried Forward at 31st August 2024**||**2024**
£
137,913
115
1,082
139,110
256
0
956
5,600
1,156
739
335
311
7,500
410
90,708
928
1,642
80
110,621
28,489
18,480
10,009
87,965
0
£97,974||**2023**
£
123,551
703
488| |---|---|---|---|---| |||||124,742| |||||444
636
1,517
5,268
1,221
0
612
219
7,500
1,661
93,285
1,011
1,123
458| |||||114,955| |||||9,787
17,900| |||||-8,113
135,051
-38,973| |||||£87,965| See Saw Pre-school CIO Charity number 1158614 Page 4 Accounts for the year ended 31 Augusl 2024 Balance Sheel 2024 2023 Notes Current Assets Cash at bank and in haThJ 98,297 87,965 Total Current Assets 98,297 87,965 Liabililies Creditors: amounts falllng due within one year 323 Net Assets £97,974 £87,965 The funds of the charlty Unrestricted FurKJs 97,974 87,965 Total charlty funds £97,974 £87,965 The accounts were approved by the Iruslees on 25th March 2025 and signed on their behalf. Jo Brasher Truslee **See Saw Pre-School CIO Charity number 1158614** **Page 5** ## **Accounts for the year ended 31 August 2024** ## **Notes to the Accounts** ## 1 **Accounting Policies** ## (a) **Basis of Preparation of Accounts** The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Effective 1 January 2019) - (Charities SORP (FRS 102)), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. See Saw Pre-School CIO meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. (b) **Income** Incoming resources are recognised in the year in which the charity is entitled to the receipt, and the amount can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period. (c) **Expenditure** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. ## (d) **Creditors and provisions** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## (e) **Fund Accounting** Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity. **See Saw Pre-School CIO** **Page 6** ## **Charity number 1158614** ## **Accounts for the year ended 31 August 2024** ## **Notes to the Accounts** |2
**Cash at Bank and in Hand**
CAF Cash Account
CAF Gold Account
3
**Creditors: amounts falling due within one year**
HMRC - Paye/NIC||**2024**
£
56,875
41,422
£98,297
**2024**
£
323
£323||**2023**
£
47,542
40,423| |---|---|---|---|---| |||||£87,965| |||||**2023**
£
0| |||||£0| 4 **Trustee Remuneration and Expenses** No remuneration was paid to any of the trustees in the year, nor were any expenses reimbursed to them. There were no related party transactions in the year that required disclosure. 5 **Related Party Transactions** See Saw Pre -school CIO Accounts for the year ended 31 August 2024 Independent Examiner's Report to the Board of Trustees of See Saw Pr&School CIO I report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2024 Responsibilities and Basis of Report As the charitys trustees you are responsible for Ihe preparation of the accounts in accordance with the requirements of the Charities Acts 2011 ("the Act"). I report in respect of my examination of your charws accounts carried out under section 145 of the Acl, and in Car￿ng out my examination I have followed the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me Cause to believe that in any material respect.. the accounting records were not kept in respect of the charity as required by section 130 of the Acl", c the accounts do not accord with those records,. or the accounts do nol comply with the applicable requirements conceming the form and conlent of accounts set oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true 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 matters in connection with the examination to which attention should be brought in this report in order to enable a proper understanding of the accounts to be reached. Geoff Mann FCIE Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ