2021-08-31-accounts - Cygnets Education And Childcare Trust

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Annual Report 2020/21 Cygnets Education and Childcare Trust (CIO) Charity number 1160913

Our guide to action for the New Year remains in line with our business plan, as it was last year, to ensure our financial stability; so we can continue to provide services to the public benefit, in line with our charitable status and aims, as well as continue to provide valuable work for our staff teams, across the Organisation. Beyond finance, without which nothing else works, we will still focus on checking we have the basics right, our staffing, sites and premises and the interface with families and the wider community. In the reporting year we were also time poor across the Organisation, everyone had to work extra hard to cover for absences, deal with extra regulation and the daily issues to be overcome, whilst still in the midst of the pandemic; we can only hope this burden lessens in the new year.

Last Year we did not replace the trustee who had to stand down, as it proved too difficult in the midst of the continuing pandemic. With the aid of Zoom calls and some hybrid meetings our 7 remaining trustees kept the Organisation on course. Ordinarily Trustees have to balance personal and working lives around their unpaid work for our Charity but last year there was the added pressure of the pandemic, making it at times even more difficult and challenging – thank-you to all.

Chair's Report

This report is an executive summary with key facts, for a fuller report see the sections related to Managers lead responsibilities, aligned to the statutory requirements of the Early Years Foundation Stage, with other operational areas overseen by the Trust. Contributions reflect on what happened last year but also what we hope to achieve in the future. There have been no serious incidents to report over the period to 31/08/21.

We started the year 2020/21 with 221children on roll, next year this number is set to increase. At Alveston around 60% of nursery places are likely to be grant funded in the new year, Broad Street 70% and Quinton 55%. It is usual to analyse trends but, like the previous year, the pandemic has skewed our numbers to the extent that comment is not useful. Over the year we again had a number of children on the 2help scheme and received some extra funding for additional needs, plus additional one off grants from the County Integrated Disability Service. The grant received at Quinton was used to purchase some lovely new equipment, suitable for use by all children, whereas the grant for Broad Street was to improve access through the front garden. At Broad Street the year was the last as a term time only purely sessional nursery; as soon as the summer term ended the work began to clear areas, so the building work could begin and be completed in the limited time of the holiday. We were fortunate to have well motivated people involved, to finish just in time and to receive a sizeable grant from the County Early Years, enabling us to do much more of the work, split into stages, than we would have been able to do from our own resources.

Staff numbers were lower at 36 at the start of the year in 20/21, through natural turnover, so we avoided the need for any redundancies; as a healthy number on roll did not translate to the normal amount of sessions taken. Parents took a cautious approach to their bookings but as restrictions lessened demand increased, it was hard to balance this need when recruiting became more difficult, a problem that has followed us into the new year. Generally this situation affected most sectors, with a contracted workforce, the Brexit effect and some still on furlough, but was particularly acute in ours, along with other health and caring professionals. Working so hard for little recognition, it is small wonder there has been a scarcity of recruits, but we did manage to increase numbers by the end of the year and in anticipation of the expansion at Broad Street. We still had 3 Early Years Professionals and the majority of staff qualified to level III or above, some with degrees, plus some at level II, bank staff and 2 trainees, with unqualified or alternatively qualified in various support roles. There are 3 Time to Talk champions, 2 WIncKS awards (Warwickshire Inclusion Kitemark scheme), I Makaton accreditation, and we have a forest school leader.

HR support remained contracted out to an external company and most cleaning requirements were also externally met. We banked with Lloyds and Nick Frost from AIMS Accountants provided a financial service, which will continue. The Legal and General pension scheme met all regulatory requirements. A new and very different 5 year business plan was drawn up, focussing on recovery, with all site development and action plans tied in with it, under the broad headings given in the introduction – staffing, sites and premises and families and communities. There were operational and document changes last year including preparing for the changes to the Early Years Foundation Stage statutory requirements. All areas of the requirements were reviewed by lead managers, reporting directly to the Trust; our Reserves policy was looked at carefully by trustees and the affordability of the Broad Street Project.

Information & Records - Pippa Evans

As with all operational areas, information & record keeping has suffered a bit from the time restraints caused by the pandemic. However key documents & policies were updated, in-particularly those relating to Covid-19.Documents are available via on-site office computers and some still on the Avensure locker. This area still requires a major overhaul but the last 2 years of Covid -19 have delayed this action. Managers need to continue to check with each other to ensure they use the most up to date documents. The Master Operational Plan folder and the storage(now control) of information policy was last fully reviewed in December 2019 before PJE started maternity leave, the folder was passed onto LMF to review, actions were identified and adjustments made. Karen has kept a handle on Safeguarding and was able to update the Trust + provide annual Trustee training and onsite training requirements have been kept up to date. Fee information was updated for parents for the start of term, updated fees were uploaded to our website, along with the annual updates needed. Broad Street will be creating a new pricing structure in relation to their new operating hours next year.

We started to store our archived documents upstairs at Broad Street – but we must ensure this is completed annually and we continue to back up office PCs to external hard drives. Future planning will be to install purpose-built shelving at BS to store archived documents. It would be sensible that Admin Assistants do some appropriate training to support their roles such as GDPR, Health & Safety etc – online could be sourced. Our dispute with Shred-it to recycle confidential paperwork after a confidentiality breach on their part (paperwork relating to another organisation found in empty bag delivered to site) continues. They finally took away the document locker and are currently not actively chasing us for money, but they do still send us a monthly statement of what they think we owe them. We have made very clear that we do not owe them anything having made a final payment when the document locker was taken away.

Suitable People – Sam Allison

Avensure continued to provide our HR and Health & Safety support and we used their services throughout the year for all personnel matters. Staffing was particularly challenging as the recruitment of qualified staff has become increasingly difficult right across the sector. We therefore had to rely on agency block bookings in order to maintain ratio’s in addition to the usual cover for annual leave and sickness. The staff team at Broad Street remained constant throughout the year with a few changes toward the end of the summer, due to the planned expanded provision, with a cook, an admin assistant and a full time level 2. In the new year, whilst occupancy at Broad Street is steadily increasing, the team will be able to support their colleagues at Quinton during the challenges brought through Covid, self isolation and recruitment. At Quinton we started the year with dual managers, later becoming the Office and Curriculum Managers when we also took on a Deputy. In the new year with the office Manager having to go on early Maternity leave an experienced member of staff from Broad Street has taken on the role of Relief Manager supported by our Operational Lead and a new part time admin assistant.

Alveston’s team have remained relatively constant with the few staff changes. The difficulty in recruitment was also been felt at Alveston but they have the advantage of a more accessible location and so managed to attract more with the required qualifications. The team at Alveston also included 5 members of qualified and unqualified bank staff to provide cover where needed to minimise the use of agency.

Training – Sam Allison

Essential staff training continued to be provided by Warwickshire Early Years through ‘Zoom’ or ‘Teams’. Other than essential training CPD has been hindered throughout the last year with staff teams being stretched during recruitment or periods of cover due to sickness/self isolation. We continued with our in house training on individual site training days but took the decision not to have full staff training events due to the potential risk of cross site infections impacting on the Organisation as a whole.

Learning & Development – Sam Allison

Over the year Learning & Development within our settings continued to bring its own set of challenges due to the ever changing restrictions brought by Covid. We did not compromise in our classroom planning, evaluating and observations with staff using creativity to deliver an exciting and varied curriculum regardless of the barriers. The biggest challenge was the parent partnership as we were not able to offer the face to face experiences that we usually share with parents. We kept important links through telephone or Zoom parent appointments and telephone ‘feedback’ when day to day updates were necessary. We did as much as we could when restrictions eased, replacing video ‘show rounds’ with in person, out of hours visits. Some summer events took place out of doors with socially distanced sports days/leavers events. We discovered that not being able to hold Learning & Development meetings in each other’s settings has resulted in some mismatch across the Learning & Development practice across the Organisation; however this is being addressed as a priority as we move forward in the new year.

Safeguarding and Welfare with SEND – Karen Millar

DSL training was kept up to date in the Organisation ensuring there were two Designated Safeguarding Leads on each site; to provide support and guidance to the staff team and take responsibility for liaising with the LSPs, Local Safeguarding Partners, (formally Local Safeguarding Children’s Boards). Staff continued to have regular training, outsourced online and during our training days to ensure they are confident to report concerns and do so using the appropriate procedure.

Ratios were maintained by sharing staff across the Organisation and using a local agency to support our permanent teams. This teams were made up of both full time and part time, term time only and all year round members. The majority of the staff hold relevant qualifications, assisted by trainees. Policies regarding medicines for children and staff were implemented correctly and menus ensured that meals were healthy, varied and balanced. The accident and incident forms worked well and are filed in numbered order to make it easy to identify patterns and concerns. All three sites are looking to tighten procedures around existing injuries as they are not always disclosed when the children are dropped off and discovered by the staff during the session. We will work together as an Organisation and with the parents to improve this. Outings have recommenced on a small scale, visiting local outdoor areas.

All three sites continued to support children with special educational needs and disabilities in the settings, despite the challenges of staffing, so sadly we had to cut back on 1-1 support. Care plans, Time to Talks, Welcomm assesments, individual education and health care plans were all completed to ensure that, where additional support was needed, it was identified and actioned at the earliest opportunity.

Premises and Equipment – Michelle Smiton

Annual checks for fire and electrical equipment, alarms, risk assessments, gas boilers and PAT testing were all carried out at each site as required. Alveston completed their 5-year electrical check resulting in a new office fuse board. It was not possible to do overall Health and Safety Audits (H&S) with site visits needed, due to the restrictions implemented due to Covid-19. We have relied on individual sites keeping on top of their own H&S but, by Spring next year, I will reinstate these visits and checks. Maintenance schedules will also be checked and updated more regularly.

MDK cleaning were back cleaning sites and Alveston employed an additional cleaner. Electricity continued to be supplied by EON for Alveston and then also for Broad Street whilst Quinton remained with Opus Electricity. Refuse collections remained the same as previous years with Broad Street using Bromsgrove District Council, Quinton with Grundon and Alveston negotiated a much cheaper deal to remain with Biffa. Arguably we did have insurance protection against temporary closures, due to Covid-19 ,but when we investigated claiming, the complications of providing proofs and the large hike in our premium, had we claimed, meant on balance it was not worth it. When we came to renew our policy we found that all companies had written in exclusions for the pandemic so we have continued with Towergate. A large project was completed at Broad Street to expand their facilities and increase occupancy. Repairs at Alveston included exterior weather proofing and painting and new lino in the messy room classroom. At Quinton the Saniflow filter in the toilet and taps were replaced. Other small maintenance across the 3 sites were completed as required. Small equipment was purchased as needed.

Marketing

As in the previous year direct marketing was not relevant, though we did announce via existing parents, Broad Street school’s newsletter and Facebook posts, the impending expansion at Broad Street. Maintaining our standards and reputation was of the greatest importance, especially with sometimes difficult messages to give to parents. Temporary closures due to Covid isolation rules, asking that children were kept at home, if there was any doubt about their fitness, and all the access and engagement rules made it harder to keep relationships as good as before the pandemic. Parent communication remained key with regular updates and keeping parents informed using email, newsletters and Eylog. Updates to parent information, including the website were done but not as comprehensively as we would have liked, as everyone was so busy, but we want to improve on this next year.

Finance – Pippa Evans

Financial concerns caused by the pandemic were at the forefront; occupancy, income, staff costs, running costs have all been hugely affected. Grouping in bubbles had a big effect on how we could operate and additional income from OOSC dropped right back during lockdowns, self-isolation or at some points was just not viable; our Quinton site was particularly affected, significant staffing issues having a big effect. Overall, we had a positive result as with careful management of the situation we finished the year in an ‘ok’

position and similarly the new Autumn term has been better than expected. A reduction in income during lockdown periods and refunds to parents for closures were a big hit to our income but streamlining sessions and simplifying how we operated maximised our invoiced income versus staff costs. On a positive note, we did see an increase in the hourly rates for the Early Years Funding for 2021/22 from 1st April 2021 and we hope to see a further increase in April 2022. It was not possible to create meaningful budgets for 2020/21 and we had to be careful with spending, however necessary repairs were carried out at all 3 sites and stocks replenished for the start of the new year. We were also delighted, with some funding from the County Council, enabling us to complete more of our Broad Street project than anticipated during the summer, that has put us in a great position for the start of the new academic year.

Staff costs remained high, expensive agency costs have been unavoidable with staff shortfalls particularly as recruitment has been so difficult over the last year. The cushion of the furlough scheme was fazed out, but we did continue to benefit whilst it was active, as needed, though changes to Covid rules meant managing the situation in latter months was a little easier. We cannot predict what is to come but we will continue to head back towards paying the real living wage, if we can, splitting our annual pay rise for 2021/22 into 2 separate increases to spread the cost. We felt it was crucial that staff feel recognised for the work they do as we seemed to be the forgotten sector during the lockdown periods.

On site bank access for managers continued to work fine and the Alveston Admin Assistant with support from Managers & our Accountant carried out our monthly wage & PAYE payments, pension uploads & distributed payslips. Our onsite book-keeping and Organisation financial scrutiny has suffered due to time being so stretched, but for the new year admin assistants will be employed at all 3 sites to spread the load and LMF has been keeping an overall eye on things with PJE available via email to offer support to Managers/answer any questions. Moving forward repairs & purchases need to be reported and/or completed by the end of July to allow time for end of year accounting, as this does cause us problems. This will need organising properly next year by SA & Managers.

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of CYGNETS EDUCATION & CHILDCARE TRUST On accounts for the year ended 31 AUGUST 2021 Charity no lif any) 1160913 Set out on pages 1to32 I report lo the trustees on my examination of the accounts of the above charity {"Ihe Trust") for the year ended 31 August 2021. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accoun15 in accordance with the requirements of the Charities Acl 2011 I'the Act }. I report in respect of my examination of the Trust's 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 14515llbl of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified lo examiner's statement undertake the examination by being a qualified member of the ICAEW. I have completed my examination. I confirm that no material matters have come tD my allenlion in connection with the examination which gives me cause lo believe that in, any material respect.. the accounting records were not kept in accordan 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 concerning the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which Is not a rratter considered as part of an independent examination. I have no concerns and have come across no other mallers in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Signed: Date: Name: NICK FROST- AIMS ACCOUNTANTS FOR BUSINESS Relevant professional qualificationlsl or body lif any): ACA IER Oct 2018

Address: 1 THE MAPLES GREAT ALNE ALCESTER. B49 6HL Section B Disclosure Only complete Ir ihe examiner needs to highlighi material matters of conrn (see CC32. Independent examination of charity accounts". directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. NONE IER Oct 2018

CHARITY COMMISSION FOR ENGiANO AND WAIE5 CYGNETS EDUCATION & CHILDCARE TRUST 1160913 Annual accounts for the To eriod Peric#J slartda18 en dale 0110912020 3110812021 Section A Statement of financial activities Restrlcted s? unres1 income Endowmgnt funds funds funds Re¢omm•ndgd ¢atrgorlo¥ by actlvity Prlor year funds Totsl funds Incomlng resour¢e8 (Not8 3) F01 F02 F03 F04 F05 Incomo ond ondowrnenta from: 884,007 842,777 other1(y12lueI InlInIs Totsl Re$our¢e8 expended (Nolo 6) Expendltufg on: vJ fijtyds CharItsb0ct 827,541 827,541 847,251 sio Gown•nc•Co•l 3.820 3,820 2,492 Total $12 Net Incomel(expendlturo) beloro Inv08tm•nt galn811103se81 S13 S14 S15 S16 S17 52.646 Ngt incomellexpendlture) Extraordlnary items Transfers between lunds Other rncognl8Bd galnGI(losse8): 52.646 52,646 (Kherg8ing(k8esl Net movement In funds S19 S20 52.646 Reconclllatlon of funds.. T¢4 hmds brouohl frmrd 118,047 118,047 170,693 125,013 Total funds catTlod fonvanl Cygnets AcDJunts 2021 CC17a SORP FRS102 Page 1 24101r2022

Section B Balance sheet Unrestriclod incomg Endowmwrt Total this funds funds funds year Totsl last year Fixed assets Intangible assets Tangible assets Heritsge assets Investments F01 F02 F03 F04 F05 (Nots 15) {Note 14) (Note 16) INots 17) Total red assets 64.283 64.283 1.577 Current assets stocks (Note 18) Debtors (Note 19) Investments INote 17.4) Cash at bank and in hand (Note 24) Totsl cuffent assets 810 5,603 5.603 13.866 125,903 Creditors: amounts falling due within one year (Note 20) 43,096 43.096 23,299 Net current assets/(lla-jlties) B12 ,47 Total assets less current Ilabilitles B13 Creditors: amounts falling due after one year {Note 201 Provisions for liabilities 814 12.000 12.000 B15 Total net assets orllabljltles Funds of the Charity Endowment funds (Note 271 Restricted income funds (Note 2n Unrestricted funds Revaluation reserve 816 170,693 170.693 118.047 817 B18 B19 170.693 170,693 118.047 Total funds 821 ,047 Signed by one or Iwo twstees on behalf of all the Iruslees Date of approval ddlm Signatu Print Name Cygnets Accounts 2021 CC17a SORP FRS102 Page 2 24101r2022

rn5 102.

Sectioil C Notes lo Ihc accoijiils Note 2 Aetountiny poli¢lv4 2.1 RECONCIUATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE olth• chry CC178IE¥c4) 24m112022

Section C Noies 10 the accolints Nolo 2 2.2 INCOME Accounting policies rttytheFRs IWLSORPLY FRS 102 GrarrtBardoThauM rrol15.1010 5.12 FRS102 SOM. Yes Wa T4x reCts] ¢Jn grani e lairv3lueclbknJ5e•tsalthe tirrer1ttwewl tyare re£w¢ed r81 Yes Yes Nla facll trSOF Yes lila Wa Nla otsia 2 wt{5.10ki 5.12 FRS1D2sORP&I¥ely*VJast C£¢¢202l CC17aSORP FRS102 24101r2022

2.3 EXPENDITURE AND LIABILITIES Nla ¢Mts Ye5 No Wa 140 Nla 140 1410 Wo 1418 ¢r•dnorn Bulc fithitKb•l IrAtwm•nt• Yes No PW8graF 10.7 FRS102 SOIIP. 11.17 to 11.11. FR$102 SORP. 2.4 ASSETS uMty¢Mrlty Ye8 Nla Nl• es Yes Ng piia 149 Nlo v•IuwJ #liniti•ity ai tost and yJbWuenttyaifl attho No 1418 In4slrnonl•WIN res6L¥Pdrythr¥th •bJ and Nla Ye¥ C}¥014202l CC17aSORP FR$102 2I101120T2

Thryare v4uèJ aifairv81ueoKWtth8r8 thwqu8hfy8sb•fmfyY81 h8biJments. POUCIES ADOPTED ADDITIONAL TO OR DIFFERENY FROM THOSE A80VE Css¥tsAccAhib 2WII CC17a SORP FRS102 2410112022

Section C Notes to the accounts Icontl Note 3 Analysis of income Restrtctgd Unr85trfctsd Income EndoMngnt ftsnd• fund# Tolal funds Prforywr Ana Is Donations and legacles: Donations and GIftd acie5 General grants provided by govemmenuolher hariti Membership subscriptions and sponsorships Donated oods facilits'es and service5 Other Total Charltable actlvities: Fees for Charitable Childcare Service5 Govemmenl Grants other Income 859.599 24.184 204 20 859,S99 24.184 204 764,496 77.676 527 Bank Interest 20 78 Other Total 884.007 884.007 842.777 other trad5ng activities: Other Total Income from invostments: Interest incorne Dividend income Rental and leasin Other income Total Separate materlal ftem of incorne: Total Other. Conversion of endowment ftjnds into income Gain on disposal of a tangible fixed asset held Gain on disposal of a programme related men Royalties from the exploitation of intelleclual Other Total TOTAL INCOME Cygnets Accounts 2021 CC17a SORP FRS102 Page 5 24101r2022

Section C Notes to the accounts Icontl Note 4 Analysis of receipts of government grants Thls year Last year Doscri Coronovirus CJRS furfou WCC SEND Grant WCC SEND Grant tion rants Gov•rnm•nt grnnt 1 Govèmm•nt grant 2 Govgrnmgnt ornn¢ 3 othor 20.184 2.000 2.000 77.676 Tolal 24.184 7T.676 Pleaseprovldo delails of any unfulfilled conditions andother contlngencles altsching to grnnts that have been fEcognised In Incom Please glve detalls ofotherfonns off governmentasslstan¢e from which the ¢harfty has dlrn¢rfy benefrted. CyglsAc(tsUnts 2021 CC17a SORP FRS102 P•3e6 24101r2022

Section C Notes to the accoiints Icontl Note S Donatsd good$, fa¢illtles and servlces Th18 year Last year Secondod staff Uso of property Othor Ploas9 prgvido dèlall$ of th¥ a¢counting pollcy for tho rQgnItIon and valuatton of donat8d goods, faclllties and ser¥lces. Plea8• provide dotalls of any unfulfill•d condltlons and other contlng&n¢les attachlng to re8¢ur¢es from donated goods and servlcos not r•c¢)onls•d In Incomè. Please give detalls of other fomis of other donatsd goods and servlces not racognised In tho accounts. 09 contributton of unoald voluntBer8. Cygnets Acts)unis 2021 CC17a SORP FRS102 Page 7 2410112022

Section C Notes to the accounts (cont Nots6 Anlytsh of exwnd1rn TotylfvthO• Prfor>¥ EXpend[Tr on rntslng fund#: IrYxJrred seekirg donalws Incurred seekirvJ 9aC Incurrnd seekiNJ grants Opefab'ng membershy schemes arvj sorjal loiiws SlagiThJ luThlrni5iry ovents Fudrnts¢ng agènts 0ra19 ttnty shops Opernttng a trading cornpony undertaknng n¢JFchantablè tradir ertIV. ffl¥rknbrwJ, fflad a1 Srt UP Costs Inr[1d In g•Mrn new source ol lulure C0¢e Databa58 d8v8lcwnI ojsts Other trading acbvilaes Inv•stmenl management oxl5'. Porffolio mana emenl c•sts C0Jl of oblaining inveJtsrnl •dvir• Invesbn•nt &jmindtsoft t05ts Intellectual profft fleeng c(Ats Rent D)lknthM. property rwir¥ maintenance cha es Totsl •Ap•ndII t)n r¥knlng Exp•ndlturn on ¢h•rlt•bl• Wages 8 8ol•rw. wncy 61all ele Rent. rnles. light, 81 and RepauB & m8intenanc• T¢kphone. slarery & offitoJsts Legal & pwfe38*3nal fees 88nk Charges & interesl Re9Ments. locxj. craftelc Qlherc•sts & depreciatK)n 6ri.735 695,993 80.294 19.363 73.943 13.637 13,837 11.933 4.7 11.933 14.346 4.790 89 4.790 134 39.019 31.536 795 Totsl exp•ndSlum oft ch•rltabl• a¢tivitle 8271 847.251 S¢p•rats m•l•rlal It•m of •xpenso Tof•l Oth•r nce Costs 3.820 3.702 Total other •xp•ndltssY• 3.820 3.702 TOTAL EXPENDtruRE 831261 831.361 850.953 CC178 l&Y 24h)1ft022

Oth•r Inforn)allon- Anatysii of expendi1• on charilable activit5 fundlng Support Toial thlj Other Prfory••roXP8ndlWrn OA chrfiabl•aciMII•• ¢an be a8 loiffMB: lollowtng IleThi arfr matorfal.. (pl•a8•d[l0l• the natur•, •mourrtand ary prforyoar ¥mountsl cct78 IExrd) 2410112022

Section C Notes to the accounts (cont Note 7 Extraordlnary items Please explaln the nature of each extmnlinary Item occunlng in the perlod. This yoar Last year Descrl on Exirnordlnary item 1 Extraordinary item 2 Extrdordlnary item 3 Extraordlnary Item 4 Total extronllnary items Cygnets Acnts 2021 CC17a SORP FRS102 Page 8 24101r2022

Section C Note5 to the accounts Note B Funds recelved as agont 8.1 Please complete thls note M the ¢harlty has agreed to admlnlster thg fvnds of another entifyas Its agenL Note.. Ma charity Is a¢tlng as an agenl, Itshouldnol recognlse the Income In the Statement of FlnanclalA¢tfvitles or the 8alan¢6 Sheet Amount rn¢•lvod Amount ald out Balance held at erlod end DescrJpYonlnam9 of party Rolatsd party lyes Thls oar Last ear Th18 ear ThSs oar Last ear Totsl 8.2 Wher¢ a ¢on$onla or slmllar arrnngemeni exlsts whereby 2 or more charltles c&operato to 8¢hleve e¢onomles In th pur¢hise ofgood$ orservl¢e$. please dlscose detalls of any balances outstandlng belwvn anyp3rtl¢lp8tlng members. D¢•crfpllortlnamg of party Balance hold at rfod end Thls ear Last ear Total Cygrots Actounts 2021 CCf78 SORP FRS1W2 Pa9 24101r2022

Sectioll C Notes to the accounts Note 9 Support Costs Please complete this note rfthe ehaiity has an8fysed its expenses uslng acllvlty categorlgs andhas support costs. Ra181ng fvnds Actlvfty 1 Acllvlty 2 Actl¥lty 3 Grand total allocatlon (Des¢ method) Support cost exam les Governance Other Tolal PlSe provlde detalls ofthe accountlng poll¢y adopted forthe apportlonment of costs beAveen activilies andany oStlm?tion ts¢hniqu8s usgd to calculate thelrapportlonmenL Cygnets Aco)unb 2027 CC17a SORP FRS102 p10 2410112022

Section C Notes to the accounts Note 10 Oetsils of certain itsms of oxpondltyre 10.1 Fees for examlnatlon of tho accounts Please pmvlde detalls of the amountpald foranyseatutory •xtemalscmtlnN of accounts and other8elee$ prnvlded byyourlndependentexamlner. Mnothlng was paldp1the enter tl'ln the apprt)prfate box(es). Thls year Last year Indepvndent examlngrf¥ fe 450 A8¥ur•nco sorvlcos oth•rth•Th aud1¢ or Indop•nd•nt oxamlnatlon Tax advlsory f998 Other foes (for tMple. flnancl•l advlce, ¢on¥ultancyi aGGountsncy wvScK) pJld to tho Independent exam5noT 3340 3252 Cygnets Accounts 2021 CC17a SORP FRS102 Pwae 11 24101r2022

Section C Notes to the accounts (contl Note 11 Paid employees Please complete this note rf the charity has any employee 11.1 Stsff Costs This year Last year Salarles and wages Social securlty Costs Pension costs (defined contribution scheme) Other employee costs 616,113 38,315 23.307 618.458 41.625 18.076 Total staff costs 678 159 Please provlde detalls of expenditure on staff working for the charlty whose contracts are with and are pald by a related party None Please give detalls of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £IO.000 from £60.0170 upwanls. If there are no such transactlons, please enter Yrue. in the box pmvided. No employees recelved employee benefits {excludlng employer penslon costs) for the reporting period of more than £60.000 TRUE Band £60.000 to £69,999 £70.000 to £79,999 £80,000 to £89 999 £90,000 to £99 999 £100,000 to £109,999 Number of em Please provide the total amount pald to key rnanagement personnel (includes trustees and senior management) for thelr services to the charity No pay for Trustees and senior manager pay was £ 34.628 11.2 Average head count in the year The parts of the charlty in which the employees work Thls year Number Last year Number Charitable Activities 38 33 Total 33 11.3 Ex4Jratia payments to employees and others (excludlng tfttst) Cygnets Accounts 2021 CC17a SORP FRS11Y2 Page 12 24101r2022

Please complete if an ex-gratla payment is made. Please explaln the nature of the payment NIA Please state the legal authorlty or reason for maklng the payment Please state the amount of the payment lor value of any walver of a rlght to an asset) 11.4 Redundancy payments Please complete if any redundancy or termlnatlon payment Is made In the perfod. Total arnount of payment The nature of the payment (cash, aet etc.) The extent of redundancy fundlng atthe balance sheet date Please state the ac¢ountlng pollcy for any redundancy or ternilnatlon payments Cygnels Accounts 2021 CC17a SORP FRS102 Page 12 24JOir2022

Section C Notes to the accounts (conti Note 12 Defined contribution pension scheme or defined benefft 8cheme accounted for as a defined contribution scheme. 12.1 Plea$4 complète thls notè ff • dèllned contrlbutlon ponslon Scheme Is operated. Amount of contrlbullons Tgcognlsod In tho SOFA a8 an expense £23,307 Pleugo vjxplaln tho ba?55 for allocatSng tho Ilablllty and oxpons8 of dèfined contrIbutsn ponslon 8ch•m8 between a¢llvltl&s and botweon rnstricted and unr8strlctod fund9. The4 Charity only has on& unrestrleted actlvlty hlng thit of the provlsion of Charftable ChildcarB S8r¥icos 12.2 Pleaso complele thls secuon whern the charlty Partlclpates In a dellned beefrtn5l0n plan but Is unable to ascortaln Its Jharg of the undertylng assets and Ilabllltles. PIoa8e Confirm that altough tho sGhDmo Is accountsd for as a doflned contdbutlon plan. It18 a d@fin nefit plan. NIA Plèasè provldo such InformJtloD g¥ Is avallable about the plan's surplus 01 deficlt and the ImpllGatlons, If anyi for the rèportlng ¢h¥rfty 12.3 Please complets thls sectlon where tho chartypJrtl¢lpates In a munl*employer defined benefft pgnslon plan that 1$ a¢¢ountedlorag a dèflned contrlbutlon plan. 0èscrI th• gxtont to whlch the charlty can bg Ilablg to tho plan for other onUtlos' obllgaUon$ undgr the t•mi8 and condltlons of th• multlwemploy8r plan NIA Cygnets Accounls 2021 CC17a SORP FRS102 Page 13 2410112022

Section C Notes to the accounts Icontl Note 13 Grantmaking Plèaso Complete thls not8 If lh• charftymadaanygrants ordonauons whklR In aggregat• fornj a matortalpart of the charftable activitles und¢rtaken. 111 AnatyBJs of grants pald {Sncluded In co8tolch•rltabl& acttvltles ran Anatysis IndN5duals Support costs Totsl AthTr or or pro'ed2 rotsl 132 Grants made to Instliullons My charfty has madegrnftts to parn¢ukrin51ltiQS thatare materialln the contex10llts granfrnaklng. D•lalls olthèlnsfrtulion supported. pUoSe ofthe grantand totalpaldto each Inslitullon Is available on the harttys web sh& Plèas•provide details of charlty's RL Provlde detalls below Yes Ilo Purp Total amount of rants id£ Totalgrnnts to InltiOn$ In ADportsngperfod Otherunanalysedgrdnts CygnetsAccounls 2021 CC17a SOFIP FRS102 P•Je 14 24101r2022

Section C Notes to the accounts (cont Note 14 Tangible fixed assets Please complete thls noto rftho charity has any tanglble flxed assets 14.1 Cost or valuation Frnohold land & bulldlngs Other land & bulldlngs Planl machlnery and motor vohl¢le8 Flxtures. fittlng8 and oqulpmgnt Total At the beginning of the vear Addillons 6,460 6,460 68,453 1,995 70,448 Revaluations Disposals Transfers. At end of the year 68,453 8,455 76.908 14.2 Dopreclatlon and Impalrnients SLorR8 '8asls SL SLorRB RB R8 Straight Line I"SL"lor Reducing Balance I"RB"I 100 25Lh¥ At teginning of the vear Disposals 4,883 4,883 Depreciation 6.846 896 7,742 Impaimienl Transfers. At end of the year 5,779 12.625 14.3 Net book value Nel book value al the beginnlng of the year Nel bwk value al the end ofthe year 1,577 1.577 61,607 2,676 64,283 14A Impalrment NIA Please prnvid8 a descrfptlon of the events and clrcumstances that led to the rncognltion or reversal of an Impalrn?ent loss. Cygnels Ac¢ounl$ 2021 CC17a SORP FRS102 Page 15 2410112022

14.5 Revaluatlon Man accounting pollcy of revaluatlon ts adopted, lease the effectlve dare of the revaluatlon NIA mvlde." the name of Independent valuer, Mappllcable thè methods applled andslgnllleant assumptlons the carylng amount that would have been rncognlsed had th8 assats bagn caffléd und•r the cost model. 14.6 OtherdI10sure8 (IJ Please state the amount of borrowlng costs. rfany, capitalised In the constwction of tangible flxedassets and the capltallsatlon rdte used. {11) Please provlde the amounf of contractual commltments for the acqulsltlon of tanglble Ilxed assets. flllj Dètalls of the éxlsten¢è and carying amounts of property, plant and equlpmant to whlch the charfty has rnstrlcted tltlo orthat arn pledlledas securlty for Ilabllldes. NIA The 7ransfe. row is for nveMentS behveen red asset Categ¥6$. - Please indicatg the method of d8preciatth by delebng the method not aWicabl8 (SL - stralght Cygnels Accounis 2021 CC17a SORP FRS102 Page15 24101r2022

Section C Notes to the accounts Note 15 Intsngible assets Please complete this note rf the charity has any intangible assets 1 5.1 Cost or valuation Research & developmonl Patents and trademarks Other Total At beginning of the vear Addrtions Disposals Revaluations Transfers ' At end ofthe year 15.2 Amortlsatjon and Smpairnients -Basig SLorRB SLorRB SLorRB SLorR8 Straight Line ("SL")or Reducing Balance "RB" At beginning of the vear Disposals Amortisation Impairment Transfers. At end of year 15.3 Net book value Nat book value at the beginning of the year Net book value at th8 end of the year 15.4 Accounting policy Please dlsclose the accountlng pollcy ftir Intanglble fixed assets including.. Reasons for ehoosing amorbsation rates Cygnets Aco)unts 2021 CC17a SORP FRS102 Page 16 24101r2022

Policies for the recognition of any capital development 15.5 Impairnient Please provide a description of the events and circumstances that led to the recognition or reversal of an impairnient loss. 15.6 Revaluation If an accounting policy of revaluation is adoptedi please provide.. the effectlve date of the revaluation the name of independent valuer, rfapplicable the methods applied the canying an70unt that would have been recognised had the assets been carried under the cost model. 15.7 Other disclosures (ij Ifyour intangible asset was acquired by way of grant. provide value on Initial recognition and carrying amount of tho assoL (li) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are plèdged as security for Ilabilities. (lil) Please provide the amount of contractual commitments for the acquisitlon of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year. (vi) Please detail the headings in the SOFA in which a charge for am0satiOn of intangible assets is included. (viij For any material intangible assets, please pmvide a description. its carying amount and any remaining am0satiOn period. The Yransfers" row is for movements between fixed asset calegones. Please indicate the method ofdepreGiation by deleling the method not applicable (SL = slraight line,. RB = reducing balance). Also please indicate the rate oldeptpciation." for straight line. what is the anticipated lrfe of the asset (in years)," for reducing balance, what is the peentage annual Cygnets Accounts 2021 CC17a SORP FRS102 Page 16 2410112022

Sociion C Nolos io Ihc accounts N¢>to 16 P1th75ecamplets thhnoteifth&charftyhJ5 hwitsgeassets 1&1 Go1 dt•¢lo•ur¢¥ lorllll ¢hnrItj holdlrvd horltsgo a¥ts lil ExpJln tho nlltUTV and acala herttag? ats hEId. Ili} Expfaln the pollcy lorthe acquhlJon, PTeBervallor4 ManalontAnd dS•pwl ol h•rttsge 162 Cagtorv•luaUon Total At beonninll tsf thB year AddOn5 DLsrA)wLq l eTrY Of year 16J oop1KlIan Bnd IrnpAlrnbTrnts Strayhl rsLI or At InnIa olthpyoBr sals lendofye 16.4 Nfrtbook Valu Nal bookvalue 81 twinniro oflhe Nel bo&vBlue 81 the end 01th6y 1&5 IMlMi•t PloMeproYlde• Llescrfpuon olthe aveAts and1¢IVJllG Iha¢ledSQ tho orrnvon•l ufanimpalnnentlo f6.6 R¢valu•Uon If•n e¢¢ountlngpolleyofrtY¥lu•ittrn l$athple4 ple•sepmvld•.' UJe¢ffthd•thoffthornw•lv¥Van WR•nmof irtdepwdtni valuer. If ApbIg qL(•llllc•ll¢)n8 off lrt&p8rtd•ntv•limr them¢thods4Wr•d•nd81gnlllcwri•ssw¥prfL¥JS •lly3igniffcantIlmlt•do Ohry th• vlu•iioo I&1 af h¢rfl•g• •M•t• byclu• or9rotsp NgUISh1n9 thw¥tco•t8nd thr at ¥alu•iion 2021 CC17ASORP FRS102 Pap 17 24nir2ty42

Atv•luwon GrPA Totsl Cn08UTrl atthebelnnS olthe Addrtw Depreo41h?nhmpnirnnBnt Rov8luotK 16.8 •uet• herflago ar• not rncolgnts•d on lh• balon Bh•• 111 Explaln th• rtruoh why hortlao qols hivo nol bBqn rpcoghhod on th• bo14nc# •h•¢L 1111 D(rOb lh• lgnlllun¢•nO nDtur• ol horft•g• •u•I•. 11111 Dl•clo•o Inlorfflauon that L• h¢lplul ln aiio•8ln9 th•vilu• ol Il¥) EAplalt) Ihe why It l• r prn¢tlubl• lo obl•ln • ltIOn ol h•rtt•O•8•Mth. 16.9 Flv•y•ar•urnfflzry ol hTrrftage •q••l• trnn••¢llon$ 201S 2013 2012 2011 PurchBg• Grojp A Grtyjp B Grwpc OonlOnts GrtrJp A GrtyJp B Gr¢up C T4)t•l CrgO lor Imp*IrhfiE GFoupA Group 8 Group C Olher Toial ¢h•rA•lor Imoalmio DI8Dooal• Grtwo C Totsi CsynethAcwmx2t CC174 SORP FRSID2 P40 17

Nolo 17 InvestnI aBB 17.1 Hxpd lTh¥•%tmwts IplTrue provld• lor•ach Gllls ol Inv•s¢Thn To vJu ql ol L•Ai: IrnlMn11 Add.. Ruv•rulofbnylnMfvts Addl1d•d¢fj'. th• Addlld•ductJ: on CoTryryn9 Ilw) 4eqtsl•+kn• thh)ugh blInItMblNrt. M •ny. Pl•••th)rtyFllrYkn th1• ropt•¥ll• th••rnwnllprwhkh •nu•I¢otMb•¢b•nV•tsohv0oft 17.2 Pl•M• provld• • br••ldown ol Inswtrmnts al10¥••oMolng 1th tho blthne• •h4•t rtyw dlff•rnrrtng b•ts¥••n th•M h•ld at lalr ¥•l¥• indthcth• it An1• of Invwlm•n¢• Cts•l IM•bTwliiihi C4•horcMh I41¥11*1 Oth•rlnvMtrn•Trts Totsl OAndtotsllF•livAhJ• Aty•r•nd+Cosi•lmp•ln¥ 17J Ifyourchrlty holdi InveBtm•nl pl•fj•• Comp10th• lollowlng rle. ID Exptsln th• M•lhDO• ind nlknnt h•ld bythw¢h•rlty IIQ N4rn•0rthd•WTrd•ntv4l•r,l1lppIAb. •thJ rVhv•ntquilNk1D •Mtyt• wts•lTrv••tr•rtWDpwtyoron lh• rnmNl•nEgvllnG(¥n•ordlbpoulproco•d• Éxplaln ary¢onty¥rtyJal lorth• pUh•e. CfinbllU¢tbJn v•skn•ntprop•tyortorrwlr4.IrmrA •r•nfv•n¢•mvnts CC1748OPPFIiSI P•p1

17.4 Pl¢w pIde • ol¢urrent•uotln¥o¥lm•¢rt•.11 fjppllubte. Jgroolng tMh the balJp¢e •leL Invebknonts Toral 17.5 GuorantB¢ proYhl•d•l•lh•nd •nhlUntol•ny m•d•to oion b•h•llol4 thlnl pwty Ilarn•olthTr•nty n•nth9fr0rn Pl•Aw •xpthln gILir•nia• funh¥• 17A Conc•MSoMry loll fot•l P4RDUThtolconBH•loTr•rylo•n• r•M rg pwqvhl•d b••n IMrtnottsk•n up4tth•rnpDrUng pay•ty• 1 y••r 17.7 Addltlonal Infofflwljon pi••••ph)vk1• Inityrrnbtyn •bDuIth• rthan¢lÈl o¢p•rfDrrn•nr• •g.tsnnB•Trd ofloans orth• Ork{dI1n0tO bJ•knford•t•rrnknlTrgth•v4hb•. In¢ludlTr9Ably Urnp •ppWwh•n •vafu Ykn•r• • chaTtyh••pIv•d fWrt¢I•14 4 lorniolsleurlty, th•urrylng amountollh• Inall$S9tpdOd *• t•nr CCIT4 SORP FR8102

Section C Notes to the accounts Icontl Note 18 stocks Please complete thls note rfthe charfty holds anystock ftems 18.1 Ploase state the carrylng amount of stock and work In progro88 anatysed between adlvltlgs. Stock Donated good8 Work Sn pnJgre88 For dlstrlbutlon For rnsale For d18trlbutlon For ro801è Charltable actlvltle8: Oponlng Add•d In perfod E¥pM$odln perfod Impalrod Closlng Other trndlng actlvltlgs: Op•nlng Add•dln p•rlgd Exp•n$edln p•rfod Imwlrgd Closlng other. Oponlng Addodln pwlod £Yp•n¥edln pertod Impalred Closlng Total th18 yèar rotslprevlous year 18.2 Plgasg 8peclfy the carrylng amount of any 8tock8 plgdgod as 8gcurlty for Ilabllltle8 Cygnets Accounts 2021 CC17a SORP FRS102 Page 19 24101r2022

Section C Notes to the accounts cont Note 19 Debtors and prepayments Please complete this note rfth• chaiity has any dgbtors orprepayment& 19.1 Analysls of debtorn Th18 year Last year Trdde debtors PpaYments and accrued In¢ome Other dèbto 5,603 6.149 7,717 13.866 Total 5.603 Please complets 19.2 whern a mater181 debtor Is recoverable more than a yearafter the reporting date. 19.2 Analysls of debtoY8 r0Verable In more than 1 year Ilncluded In debtors above) This year Last year Trade debtors Prepayments and accrued Income Other debtors Total Cygnets Accounts 2021 CC17a SORP FRS102 Page 20 24101r2022

Section C Notes to the accounts cont Note 20 Credltors and accruals Please complete thls note 11 the charfty has any credltors or accruals. 20.1 Analys1$ of credttor8 Amounts falllng due wlthln one ear Thls year Last year Amounts falllng due after more than one ear Thls year Last year Accruals for grants payable Bank loan8 and overdraft8 Trade ¢rgdltorn Payments rgcelved on account for contracts or Porfornance-r¢lated grants Accruals and deferred income Taxatlon and soclal sBcurity Other credltorn 1.500 12,000 24,941 12,S70 4,085 11,451 8,083 3,765 Total 20.2 Deferred Incom8 Ploaso ¢ompleto thls note M the charlty has doferTed Income. Please ex 18ln the re8sons wh Income Is deferred. Feos recelved In August 2021 for sesslons ¢ommonclng In the new flnanclalyearstartlnq In Septemb8r 2021. Movement In dohff8d Ineomo account Th18 voar Last year Balanco at the stsrt of the reportlng porfod Amounts added In Current porlod Amount8 reloa8ed to Income from provlou8 porlod8 8alanco at the ond of thg rnportlng poriod 7.695 5.281 7,695 5,281 7,695 7,895 Cygnets Accounts 2021 CC17a SORP FRS102 P89e 21 24101r2022

Section C Notes to the account5 (cont Note 21 Provisions for liabilitles and charges Please complete this note rfyou have included in chaiity expendlture anyprovlsions. A pmvlslon Is mado when the charfty has a Ilabllity of uncertaln tlmlng oramount. 21.1 Please provlde: - a brief description of any obligatlons on tho balance sheet and the expected amount and timlng of resulting payments; - an indication of the uncertalntles about the amount or timing of those oufflows. and - the amount of any expected reimbursemen( stating tho amount of any asset that has been ¢ognls¢d for that expected 1mbUr$¢menL 21.2 Movements In recognlsed provlsions and funding commilment during the perlod Thls v¢ar Last vear Balance at the stsrt of the reporting pgriod Amounts added in current period Amounts charged agalnst the provislon In the ¢urrnnt period Unused amounts TrveTSed during the period Balance at the end of the reportfng period 1.J tror any Tunaing commnmeni mai ffj not recogn5sed as a Ilabllty or provlsion, provide details of cornmitmgnt made, tho tirno frama ofthat ¢ommltmenL any porfomianco-related conditions and details of how the commitment wlll be funded {wlth contra¢ts foi ¢apital expenditure separdtely Identrfiedl. £IA TnTnere unrestncteo rnnus nave Deen aesignaieo to a fund commitment, please disclose the nature of any amounts designated and the likely tlmlng of that expenditure. Cygnets Accounts 2021 CC17a SORP FRS102 Page 22 24101r2022

Section C Noles to the accounts (conti Note 22 Other dlsclosures for debtors. creditors and other baslc financial instruments 22.1 Plea89 provlde Inforniallon about tho slgnlficance of flnan¢lal Instrnments (eg. debtorn, redltor5, investments etc) to the charlty's financlal posltion or perfomian¢e. for oxarnple, the tern and condlilons of loans or the use of hedglng to manage None 22.2 If the chaTIty has provlded financlal assets a a forni of $e¢urlty, the carrylng amount of the flnanclal assets plpdged as security and tho temis and conitlons rnlated to Its pledgg should be glven here. hlot appllcable Cygnets Accounls 2021 CC17a SORP FRS102 Page 23 24101r2022

Section C Notes to the accounts Icontl Note 23 Contingent liabilities and contingent assets 23.1 Contlngent Ilabllitles Where the charity has contingent Ilabllllltles, please Complete the following sectlon Unl thp possibllity of their existence Ss remote. Description of itern including ils legal naknre. Please describe any securfty provided in connectlon to the Estlmate of Ilnanclal effect None 23.2 ContinAent assets Where the chaTity has continggnt assets. please complete the followlng section when their existenco Is probable Descri on of item Estlmats of financial effect None 23.4 Other dlgclosures for contlnoent assets andlor Ilabllilles Please provlde the followlng informatlon where prdcticable: Explain any uncertainties relating to the amount or tlmlng of settlement: and tho possibilty of any relrnbursement Where it Is not practlcal to make one or morn of thgse disc105ures, please stats this fact Cygnets AcLxJunts 2021 CC17a SORP FRS102 Page 24 24101f2022

Section C Notes to the accounts (cont Note 24 Cash at bank and in hand This ygar Last year Short temi cash investments (less than 3 months maturity date) Short tenn deposits Cash at bank and on hand Olher Total 155.903 125,903 Cygnets A¢¢ounts 2021 CC17a SORP FRS102 Page 25 24101f2022

Section C Notes to the accounts cont Note 25 Fair value of assets and liabilities 25.1 Please provlde dots11s of the charity's oxposufe to Credit risk (the risk of Incurring a loss due to a deblor not paylng what is owed) , Ilquidty risk (the risk of not being able to meet short tenn Ilnan¢lal demands) and market risk Itho risk that thg valuo of an investment wlll fall due to changes in the market) arlslng from financlal Instwments to which the charity is exposed at the end of the reportlng period and explaln how the charity manages thoso risks. Not applicable 25.2 Please give dotalls of the amount of change in the falr value of basic financial Instruments (debtors, creditoTr, Investments (see seetlon 11, FRS 102 SORP}I measured at fair value through the SOFA that Is attrlbutable to changes In ¢redlt rlsk Not applicable Cygnets Accounts 2021 CC17a SORP FRS102 Page 26 2410112022

Section C Notes to the accounts (conty Note 26 Events after the end ofthe reporting period Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting periodbut before the accounts are authorised which relate to conditions that amse after the end of the reportsng period. None Please provid8 details of the nature of the event Provldo an estlmate of the financial effect of the event or a slatement that such an estlmate cannot be made Cygnets Accounts 2021 CC17a SORP FRS102 Page 27 2410112022

Section C Notes to the accounts Icontl Note 27 Charl funds 27.1 Detalls of materlal funds held and movements durlng the CURRENT reporting period Pleas8 glve detalls of the movements ofm8terlal Indlvldual funds In the r8POrtlng perlod together wlth a balancing flgure for 'Other funds.. The Total funds'llgure below should reconclle to Total funds. In th8 blanace sheet. ' Key.. PE- pernianent endowment funds,. EE- expendlble endowment funds,. R- restrlcted Incom8 funds, In¢ludlng speclal trusts, of the ch8rfty.' and U. unrestnTctgd funds un balance8 brought forward un balanGes ¢arrlod foThvard Type PE, EE RorUR' Purpose and Re8trl¢tlon8 Galns and losses Income Expendlture Transf&r¥ Fund names Charity. including operating costs, worklng ital and ca ital ex endilure General Unrestricted Fund UR 118,047 884,007 831,361 170.693 Other funds Nla Nla Total Funds 118,047 884,007 831.361 170,693 Cygn8ts Accounts 2021 CC17a SORP FRS102 P89& 28 2410112022

Section C Notes to Ihe accounts Not8 27 Char funds ont 27.2 Detalls ol materfal funds held and movements durlng the PREVIOUS reportlng perlod Pleas8 glv• d•tsll$ ofthe movements of materlal Indlvldual fund8 In the rgportlngperfod togethorwlth a balanclng Ilgurn for Dtherlunds.. Thg Total funds'flgure below $hould reconcll8 to Total fund$, In the )alanc• sh•eL 'Koy.' PE-p•rniangnt •ndowm•nt funds.. EE- P*dIbl• •ndowm•nl funds,. R- r•strlet•d Incom4 funds, In¢ludlng sp•¢lal INsts, ofth• charlty.. and U- unr•$¢rf¢t•d lunds un balance6 bTOUBht lorward un balance8 carrfed loThvard Typ• PE, EE RorUR" Purpo80 and Reotrl¢llon8 Galn• Ind lo¥$•• Incom• Exptrndlturn TranBfer• Fund nimeB Funds to 88legu8rd the operalionB of thè Charlty, IrlUdIng operallng 313, working 1101 and ca Ital ex andltuie General Unr881rfcted Fund UR 125.013 842,778 849,742 Other fund$ NIA Nla Totsl Fund8 125,013 842.776 849,742 118,047 Cygnel$ Accounts 2021 CC17a SORP FRS102 Pag& 29 2410112022

Section C Notes to the accounts Icontl Note 27 Charity funds (cont) 27.3 Transfers between funds Reason for transfer and where endowment Is converted to inrne l al er for its convetsion Amount Between unre5trTcted and restricled funds Beeen endowment and restricled funds £nil Beeen endowment and unfeslricled funds £nil 27.4 Designated funds Planned use Pu of the desi nation Amount Cygnets Ao)Junts 2021 CC178 SORP FRS102 Page 30 24101r2022

Soction C Noios lo tho zccounls Moto 28 ¢tslts olsu¢h tr¥nJ•consshoIdbePrnV¥LA Mth•npwE no ro i¢p(rt p1••5eeteT thgboYor"Falso"rfth•xE transactions ¢oiEpoiL 28.1 Trtotw remunernOn arKI ben•ftts •wltym•rtith tlwlrchurtyora rnlat•d onllty 0¥orF•) nyrnmuneAllon wothw)¢nefftsp•idfo • irtthbythe charftyoranyinsthll¢w 0r¢tynpJnycLecteW1th 1¢ Amounts p3ld or TOT wnPlotbeneA1ts Yrnpai ernan 9lIap?Ertthas ffl•o¢ th a pmvldoan uplanaLIL4ry olthenalmof thepaymert 28.2 Tnt¥lÈes' expgns TRUE Th1• y•ar Lastyear Subsi•t¥n¢• A¢¢ornrnothiion other1please5fyl. TOTAL 28.3 TrwMactknl¥l T•lth wrtle¥ $9 tY8c•lls of•nyfransa¢¥w 4th¢l•rt•lta7tyrorwAxhQfJ IhedJ•tyln a fW¥tedp•fv4$ • maiwl•l FALSE e•l•ryat od •nd Pro¥l•ton lorb•d btsai end ¢h•iity during port4ny Rent for Bro Str•rt tynd Ah8fon #it•8 R•DtsltorQulirton L M Flndon LM Flndon 14110 to the trnnsackn abo &thsewUIe tennsanLlconditsO InduthngJnysecurfty•NdthenatL o1•t7y¥meAl(¢ost¢y¢r•Ilj io•¢pm¥ld¢d sottlwnenL trAw•)M27 ¢¢17* SQRP FRS102 p31

Section C Notes to the accounts cont Nots 29 Addluonal Disclosures The following are significant matters which are not covered in other notes and need to be included to provldo a propor undorstanding of tho accounts. If there is Insufficient room hare, pleasa add a separate sheeL None Cygnets Accounts 2021 CC17a SORP FRS102 Page 32 24101r2022

rn5 102.

Sectioil C Notes lo Ihc accoijiils Note 2 Aetountiny poli¢lv4 2.1 RECONCIUATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE olth• chry CC178IE¥c4) 24m112022

Thryare v4uèJ aifairv81ueoKWtth8r8 thwqu8hfy8sb•fmfyY81 h8biJments. POUCIES ADOPTED ADDITIONAL TO OR DIFFERENY FROM THOSE A80VE Css¥tsAccAhib 2WII CC17a SORP FRS102 2410112022