## **Annual Report 2021/22 Cygnets Education and Childcare Trust (CIO) Charity number 1160913**
_Our guide to action for the New Year is to streamline staffing and child numbers, adjusting place numbers to the real situation, in order to take away some of the pressure on teams, still dealing with staff shortages and higher levels of absence. This strategy remains in line with our business plan, as it should also help 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. We will not be able to offer as many places as we could, to meet demand, but we will be better able to provide a consistent, viable service in these difficult times, respecting the needs of families and staff._
Last Year 1 parent trustee stood down, as work changes meant we were no longer catering for her children, but she remains an invaluable contact to give us help when needed. We thank Catherine particularly for her expertise in explaining potentially difficult matters to families. A new parent trustee was recruited for our Quinton site and Broad Street was covered by a foundation trustee, who is also a parent, we were not able to successfully replace the parent trustee at Alveston but we hope this will soon change. The challenges of distance and travel for 2 of our remaining 6 trustees has meant that hybrid meetings, with Zoom calls as needed that became normal last year, will continue. We acknowledge that this is a particularly difficult time to be a Trustee, in some ways more so than in the midst of the pandemic, as we reach into the 3[rd] year of our recovery plan we thank them for ‘holding fast’ and working hard to see it achieved.
## **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 31/08/22.
We started the year 2021/2 with215 children on roll, slightly down on the previous year, when we thought it would increase, but by the end of the year we had 258 on roll; of those children 110 were in receipt of some sort of funding. All sites received some additional Early Years Pupil Premium funding but this was not a large amount. By summer Alveston had 72.72% of nursery places grant funded, virtually all taken during the core hours, Broad Street 67% but with a greater spread, indicating extending hours was the right thing to do for that site. At Quinton it was 48% though during core hours 68% of that funding was used, bringing them more in line with the other sites.
It is apparent that Alveston and Broad Street are more balanced across all age ranges, even allowing for Alveston having a baby room, this next year we would expect a similar pattern. Quinton will always have more younger children, not in receipt of funding, due to the local school nurseries, but to make a success of that site bookings have to be carefully spread, both in rooms and across the year, something that we did not fully succeed in doing in the reporting year.
At the beginning of the year we had 41 staff rising to 45 by the end of the year, more staff than we have ever had. This number being not just attributable to the need for increased staffing, at the expanded Broad Street, but because we found more staff wanted to work only part time hours. Parents too wanted less hours per place, so roll numbers needed to be higher to fill sessions. As the year progressed demand for more places rose, to the extent that we had difficulties meeting it. Staff shortages and difficulty recruiting, that were an issue the previous year, became even more acute, a sector and countrywide problem. At one point Quinton was only able to operate at 50% capacity but since then things have markedly improved. We have worked hard to devise and implement new operating models, to maximise the number of places we can offer, across the age ranges, with the staff we have. As we have stated, to give consistency of provision for families, but also to take some of the pressure from staff and for that matter trustees, we have all at times felt the stressof a particularly trying year.
We retained 3 Early Years Professionals and the majority of staff remained qualified to level III or above, some with degrees, plus some at level II, some bank staff and 3 trainees, with unqualified or alternatively qualified in support roles to complete our teams. We took advantage of apprenticeship schemes to help with training and will continue to do so, to hopefully increase and better skill our staff for the future. There were 3 Time to Talk champions, a forest school leader and another forest school trained, plus a drama, music and dance teacher in our teams. Additionally we held 1 WIncKS award (Warwickshire Inclusion Kitemark scheme) and I Makaton accreditation.
HR support remained contracted out to Avensure, an external company, and most cleaning requirements were also externally met by Service Master Clean. We banked with Lloyds and Nick Frost from AIMS Accountants provided a financial service, now replaced by Filan Accountants. The Legal and General pension scheme met all regulatory requirements.
The 5 year business plan entered the 2[nd] year with little adjustment and with the capital works at Broad Street completed the focus shifted to building up numbers to match the new offer on that site.Recovery was the continued emphasis on the other 2 sites with Alveston achieving this, even with staffing shortage issues. Changes to the Early Years Foundation Stage statutory requirements were worked through, despite the difficulties of getting managers and area leads together and finding time to cascade training and guidance to teams.
All areas of the requirements were reviewed by lead managers, reporting directly to the Trust. Annual fee and salary reviews were undertaken, our Reserves policy was looked at in the year at agreed points, along with financial and other key documents. Karen was able to update the Trust on Safeguarding, Trustee training will be provided and onsite training requirements have been kept up. Towards the end of the year Quinton had their regulatory Ofsted inspection and over the summer holiday Alveston had theirs, both sites did very well, coming out with overall good ratings.
## **Information & Records- LMF**
What was said in the last report unfortunately remains true, information & record keeping is still suffering a bit from the time restraints caused by the pandemic. Reviews of all operational areas were held, referenced below, with key documents & policies updated, but better organisation of document distribution and storage should be an aim for the new year. All relevant documents are available via on-site office computers, but sometimes not easily found, and some are still on the Avensure locker. Whilst still waiting for an overhaul, managers need to continue to check with each other to ensure they use the most up to date documents and continue to back up office PCs to external hard drives.
How we use the archive room upstairs at Broad Street became an issue, documents and other items being dumped in the room without proper sorting or even if they were appropriate to store in the area. This situation in part came about because some toys and equipment had to be moved to facilitate the building improvement works, that took place prior to the start of last year. The dispute with Shred-it to recycle our confidential paperwork, after a confidentiality breach on their part, has not helped, as paperwork that would otherwise have been destroyed has instead been moved to the archive room. Annual archiving tasks have slipped but as soon as possible these issues need addressing. Future planning will be to install purpose-built shelving, to store archived documents, decide on the best method of document destruction and give more training and guidance to staff.
Within the area of information and Records the Master Operational Plan folder was reviewed and changes made, the Control of Information policy was similarly reviewed and judged to still be appropriate. Fee information was updated for parents, new rates were uploaded to our website, with other annual updates; we continue to work on ensuring that these sheets and others given to parents are as clear as possible.
## **Suitable People – Sam Allison**
Staffing continues to be a challenge although this is not particular to our Organisation, it is a universal problem across the Early Years sector. We have managed to continue to use the services of one member of Agency staff at Quinton, although agencies themselves have struggled to recruit and have been unable to provide additional cover staff when requested. As an Organisation we have been able to take advantage of the lower numbers during Broad Street’s holiday periods as well as asking part time staff to work increased hours to cover staff holidays and high levels of staff sickness.
At Broad Street a level III assistant left to become a full time nanny and our unqualified assistant moved out of Early Years. We were joined by 2 level II assistants, a level III Supervisor and a Trainee. We had a Supervisor at Broad Street move from that role to take up a Manager’s position at Quinton.
At Alveston we lost 2 level III Supervisors, one moved out of Education and the other left to move to Australia. 2 level III assistants went on maternity leave. We had a returnee as a level III member of bank staff and were joined by a trainee. The Quinton site had two Managers go on maternity leave, the cook left but the role was taken over by our new cook. 2 new trainee’s joined us as 2 others both moved on to term time only settings. In addition to a new Manager, the team was joined by a level III assistant, a level II assistant (currently training for level III) and an experienced unqualified assistant, all assistants working on a part time basis. 2 supervisors took on the role of ‘Person in Charge’ for the times when the manager is not in the setting. We continue to use Avensure for all of our HR support and have sort their advice throughout the year on day to day matters as well as more complicated issues.
## **Training – Sam Allison**
We have one trainee at each site working toward their level III qualification, a level II at Quinton working on level III and a level III at Broad Street who has signed up to start a level VI qualification. As always essential Statutory training takes priority. A First Aid course was bought in from ‘First Response Training’, keeping the qualified staff up to date. Safeguarding training is accessed through Warwickshire Early Years for new DSL’s and DSL refreshers as well as Level 1 training for ‘new to Early Years’ recruits. The standard Safeguarding refresher is no long offered with the assumption that DSL’s will provide refresher training for their own staff in house. Safeguarding training in some form continues to be carried out at every staff training event. Additional CPD continues to be hindered with staff teams being stretched to cover due to sickness and holidays. Managers have continued where possible to attend online County Manager’s meetings when they are offered. We have also accessed online SEN surgeries across the sites.
## **Learning & Development – Sam Allison**
Learning and Development meetings along with other cross site meetings took a back seat whilst we prioritised keeping rooms open. Staff cover and day to day matters had to take priority with Manager’s and area Lead’s being unable to spare the time. However this year did see more of a return to ‘normal’ with our classroom practice. Previously suspended activities (due to Covid measures) have been reintroduced and we have been able to invite parents back into our settings for parent appointments and special events. L & D meetings were re started at the end of the year where holiday planning was streamlined across the Organisation. We have continued to work on sharing practice to smoothdifferences in the delivery of our Learning & Development across the Organisation.
## **Safeguarding and Welfare with SEND – Karen Millar**
All three sites are led in Safeguarding and Welfare by the DSLs (Designated Safeguarding Leads) who attend training every two years. They work closely together, supporting each other as needed, especially at times where one DSL is absent such as on Maternity Leave. ‘New to Safeguarding in Early Years and childcare practice training’ is available for staff when they first begin in childcare. Previously we would have then kept their training up to date with Warwickshire Early Years courses every three years but these are no longer available. It is now the responsibility of the DSLs to provide this training in house and we have planned to do so in our next Organisation training day in the new year. Safeguarding concerns are now reported to the Front Door (County Organisation)- rather than MASH and new flowcharts have been produced and displayed in our settings.
Recruitment has been hard over this last year, we know this to be the case throughout Childcare. We maintained ratios by sharing staff across the Organisation and using a local agency to support our permanent teams.
New cooks were introduced on two of our sites and menus updated as we continue to provide healthy and varied meals. No changes had been made to our medicine, accident/injury and existing injuries policies or procedures. We regularly update our Exclusion periods List due to the ever changing guidance on Covid 19. All three sites continued to support children with special educational needs and disabilities, liaising with families and other professionals to provide equal opportunities for all.
## **Premises and Equipment – Michelle Smiton**
Annual checks for fire and electrical equipment, alarms, gas boilers and PAT testing have been carried out across all sites. Quinton have had their 5 year electrical test completed and any immediate requirements arising from this have been fixed.
We were insured once again by Markel International Insurance Company Limited and our PRS (music and performance licences) and TV licenses were renewed.
Electricity suppliers remain the same with Alveston and Broad Street using EON and Quinton are with Opus. For refuse collection, Broad Street use Bromsgrove District Council, Quinton Grundon and Alveston are with Biffa. Quinton and Alveston both use Green bottoms for collections of their nappy and sanitary waste. Service Master (MDK) still cleans all 3 sites and Alveston continue to employ an additional cleaner.
Some Internal decoration was completed at Broad Street and externally at Quinton. At Alveston, the lino was replaced in one classroom, the entrance hallway and nappy room. Other repairs, maintenance and gardening have been carried out throughout the year at all sites when required.
Equipment was purchased as needed across the sites e.g. 2 replacement dishwashers, storage units and sleep mats at Alveston. A microwave, hoover and baby changing unit at Broad Street and at Quinton a washing machine and tumble drier. Summer spending on a range of items for all will be of benefit in the coming year.
## **Marketing - LMF**
Without the need for direct marketing maintaining our reputation remains the greatest importance, especially with temporary closures due to staff shortages still possible, though we usually avoid them by sharing staff across the Organisation. The relaxing of the access rules, that were put in place during the pandemic, led to much greater direct engagement with families but parent communication through regular updates and keeping parents informed using email, newsletters and Eylog continued.
Marketing is not just about filing current places, it looks to the future and ensures we keep up our profile and are known, to aid recruitment as well as having a feel good factor and pride in our settings. Parents and families are pleased when activities are broadcast and events are arranged that involve them so they must always be factored in, post pandemic this is becoming easier, though events still had to be slimmed down or cancelled last year. We made much greater use of our facebook page, which in previous years was almost dormant, and this seems to have been appreciated. As ever such updates, including the website, rely on a manager taking the time to do them so we hope this can be kept up. Having logo items in use, particularly when out and about also remains important.
## **Finance – LMF**
Our treasurer being on maternity leave the lead responsibility for this area has come to rest with the Chair, for the time being. Thank-you to Pippa, your report writing and chasing of managers and the accountant has been missed. The biggest change last year was the shock retirement of our accountant, who had dealt with our financial affairs for well over a decade. The process of finding a new accountant took a bit of time, until we found the one we felt best met our criteria. The Trust settled on Filan Accountants, as they came with a recommendation, were locally based and quoted professionally and fairly for all the services we wanted. We also liked not being with a single accountant, working on their own, or a larger firm that did not understand us as a small charity. As a mid range firm we hope Filan will future proof us for our growing needs and any changes. We have altered some ways of working since we joined Filan and a few things will need refining into the new year, the monthly managers financial meeting should help with the process. Arrangements for payroll, pension and tax payments have remained the same but only managers have direct bank access on site.
We budgeted to make a loss at our Broad Street site in the 1[st] year of operating as a year round full daycare nursery, rather than term time only setting. We did not budget for other losses, of any magnitude, but fortunately Alveston did well, offsetting Quinton’s performance, so overall losses were as projected. Alveston in large part did better than expected due
to managers and office staff having to give so much cover in the classroom, with no agency or other staff paid to cover. This situation is not what we want, as it leads to other areas being neglected, what it did mean for the site was a commensurately larger amount allocated by the Trust for summer spending. On all sites stocks were replenished and other necessary maintenance and equipment replacements were organised for the start of the new year. Next year we hope sums allocated can be augmented by more fund raising and possible grants if available.
The financial concerns caused by the pandemic differed from the previous year, with staffing shortages rather than occupancy being the main issue. In the new year staffing may ease but inflation and running costs, especially how to pay staff in line with the real living wage, when income doesn’t proportionally increase, will be more of the challenge. The loss of flexibility we had to introduce, with tighter booking patterns, will have to continue into the new year. If we get an appropriate level of government funding and parents are in a better position, to pay what is needed of the rest, then this will be reviewed, that future seems a long way off at the moment.
**----- Start of picture text -----**
CYGNETS EDUCATION AND Charity No 1160913
CHILDCARE TRUST
Company No
Annual accounts for the period
Period end
Period start date To
01/09/2021 date 31/08/2022
**----- End of picture text -----**
## **Section A Statement of financial activities (including summary income and expenditure account)**
|Guidance Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
Other trading activities
Charitable activities
Raising funds
Separate material item of income
Other
Other
**Income (Note 3)**
**Income and endowments from:**
Investments
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
Total funds brought forward
**_Net movement in funds_**
**Other recognised gains/(losses):**
**Net income/(expenditure) before tax for**
**the reporting period**
**_Total_**
**Recommended categories by activity**
Donations and legacies|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
-
-
-
952,843
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05
-
-
952,843
884,007
-
-
-
-
-
-
-
-|
|---|---|---|
||952,843
-
-|952,843
884,007|
||-
-
-
946,185
-
-
6,946
-
-|-
-
946,185
827,541
6,946
3,820|
||953,131
-
-|953,131
831,361|
||||
||288
-
-
-|288
-
52,646|
||-
-
-|-
-|
||288
-
-
-|288
-
52,646|
||-
-
-|-
-|
||288
-
-
-|288
-
52,646|
||-
-
-
-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-|
||288
-
-
-|288
-
52,646|
||170,693
-
-|170,693
118,047|
||170,405
-
-|170,405
170,693|
Charity Name Charity No Company No
## **Section B Balance sheet**
|**Section B Balance**|**sheet**||||
|---|---|---|---|---|
|Guidance Note
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after**
**one year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
F01
-
56,769
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
-
-
-
56,769
-
-
- -|**Total last**
**year**
**£**
F05|
|||||-
64,283
-
-|
||56,769|-|-
56,769|64,283|
||-
6,687
-
143,750|-
-
-
-|-
-
- 6,687
-
-
-
143,750||
|||||-
5,603
-
155,903|
||150,437|-|-
150,437|161,506|
|||||43,096|
||26,301|-|- 26,301||
||||||
||124,136|-|-
124,136|118,410|
||||||
||180,905|-|**-**
180,905|182,693|
|||||12,000
-|
||10,500
-|-
-|- 10,500
-
-||
||||||
||170,405|-|- 170,405|170,693|
||-
170,405|-
-|-
- -
- 170,405
-|-
-
170,693|
||170,405|-|-
170,405|170,693|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
**----- Start of picture text -----**
Date of
Signed by one or two trustees/directors on behalf of all the
trustees/directors Print Name approval
dd/mm/yyyy
Date
Signature of director authenticating accounts being sent to Signature dd/mm/yyyy
Companies House
Print name
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
2
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
|||||||the Statement of Recommended Practice: Accounting and Reporting by Charities|
|---|---|---|---|---|---|---|
|•|and|with*||||preparing their accounts in accordance with the Financial Reporting Standard applicable|
|||||||in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014|
|•|and|with*||||the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)|
|•|and|with the|Charities||Act 2011.||
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support _**Not applicable**_ the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.
|note { }.||||
|---|---|---|---|
|Yes*
||||
||* -Tick as appropriate|||
|No*||||
|**_Please disclose:_**||||
|||**_Not applicable_**||
|**_(i) the nature of the change in accounting policy;_**||||
|||**_Not applicable_**||
|**_(ii) the reasons why applying the new accounting policy_**||||
|**_provides more reliable and more relevant information;_**||||
|**_and_**||||
|**_(iii) the amount of the adjustment for each line affected_**||**_Not applicable_**||
|**_in the current period, each prior period presented and_**||||
|**_the aggregate amount of_**|**_the adjustment relating to_**|||
|**_periods before those presented, 3.44 FRS102 SORP._**||||
CC17a (Excel)
12/05/2023
3
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
|Yes*
No*|* -Tick as appropriate|||
|---|---|---|---|
|**_Please disclose:_**||||
|**_(i) the nature of any changes;_**||**_Not applicable_**||
|||**_Not applicable_**||
|**_(ii) the effect of the change on income and expense or_**||||
|**_assets and liabilities for the current period; and_**||||
|**_(iii) where practicable, the effect of the change in one or_**||**_Not applicable_**||
|**_more future periods._**||||
**----- Start of picture text -----**
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).
Yes*
* -Tick as appropriate
No*
Please disclose:
Not applicable
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the Not applicable
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of the Not applicable
earliest prior period presented in the accounts.
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
4
CC17a IExc&ll
1210512023
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**----- Start of picture text -----**
Please provide a description
of the nature of each change Not applicable
in accounting policy
Reconciliation of funds per previous GAAP to funds determined under FRS 102
Start of End of
period period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated
Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
End of
£
Net income/(expenditure) as previously
stated
Adjustments:
Previous period net income/(expenditure) as
restated
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
6
## **Section C Notes to the accounts (cont)**
|**Recognition of income**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
These are included in the Statement of Financial Activities (SoFA) when:
the charity becomes entitled to the resources;
it is more likely than not that the trustees will receive the resources;
the monetary value can be measured with sufficient reliability.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
Membership subscriptions received in the nature of a gift are recognised in Donations
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
**Offsetting**
**Grants and donations**
**Note 2 Accounting policies**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
**Tax reclaims on**
**donations and gifts**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Income from membership**
**Income from interest,**
**royalties and dividends**
The charity has incurred expenditure on support costs.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
**2.2 INCOME**
**Donated goods**
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Donated services and**
**facilities**
**Contractual income and**
**performance related**
**grants**|Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*|
|---|---|
CC17 FRS 102 SORP
12/05/2023
7
|**Grants with performance**
**conditions**
**2.4 ASSETS**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
net realisable value.
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 15.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**Intangible fixed assets**
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
and Legacies.
**2.3 EXPENDITURE AND LIABILITIES**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Grants payable without**
**performance conditions**
The depreciation rates and methods used are disclosed in note 14.
They are valued at cost.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
**Stocks and work in**
**progress**
**subscriptions**
**Heritage assets**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
The charity has creditors which are measured at settlement amounts less any trade
discounts
These are capitalised if they can be used for more than one year, and cost at least
**Investment gains and**
**losses**
**Settlement of insurance**
**claims**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Governance and support**
**costs**
**Creditors**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Investments**|
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
£500|
|---|---|
CC17 FRS 102 SORP
12/05/2023
8
## **Debtors**
## **Current asset investments**
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
||Yes*|No*|N/a*|
|---|---|---|---|
|||||
||Yes*|No*|N/a*|
|||||
|||||
||Yes*
|No*|N/a*|
||Yes*|No*|N/a*
|
|||||
||Yes*|No*|N/a*|
|||||
## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
CC17 FRS 102 SORP
12/05/2023
9
**Section C Notes to the accounts (cont)**
## **Note 3 Income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts - - - - -
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations - - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total - - - - -
Charitable Fees for Charitable Childcare Services 952,535 - - 952,535 859,599
activities: Government Grants - - 24,184
Other income 284 284 204
Bank interest 24 - - 24 20
- - - - -
Other - - - - -
Total 952,843 - - 952,843 884,007
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 952,843 - - 952,843 884,007
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
This year: Where sums originally denominated in foreign
currency have been included in income, explain the basis on
which those sums have been translated into sterling (or the
currency in which the accounts are drawn up).
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
10
**Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
CC17a (Excel)
12/05/2023
11
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**£**
-
-
-
-
**Total**
-
**Last year**
**£**
20,184
2,000
2,000
-
**Total** 24,184
**This year**
**This year**
**Last year**
**Description**
Coronovirus CJRS furlough grants
**Description**
WCC SEND Grant
WCC SEND Grant
**Last year**|
|---|---|
CC17a (Excel)
12/05/2023
12
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
|**Use of property**
**Other**
**Seconded staff**|**This year**
|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-|
|---|---|---|
|||-
-|
|||**Last year**|
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|||
|**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**|||
CC17a (Excel)
12/05/2023
13
## **Section C Notes to the accounts (cont)**
## **Note 6 Expenditure**
**----- Start of picture text -----**
This year Last year
Restricted Restricted
Unrestricted income Endowment Unrestricted income Endowment
Analysis funds funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - - - - -
Operating membership schemes and social
lotteries - - - - - - - -
Staging fundraising events - - - - - - - -
Fudraising agents
- - - - - - - -
Operating charity shops - - - - - - - -
Operating a trading company undertaking
non-charitable trading activity - - - - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating new
source of future income - - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - - - - -
Investment management costs: - - - - - - - -
Portfolio management costs
- - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Wages & salaries, agency staff etc
771,420 - - 771,420 677,735 - - 677,735
Rent, rates, light, heat and insurance
80,394 - - 80,394 73,943 - - 73,943
Repairs and maintenance
19,421 - - 19,421 13,637 - - 13,637
Telephone, stationery and office costs
12,887 - - 12,887 11,933 - - 11,933
Legal and professional fees
4,790 - - 4,790 4,790 - - 4,790
Bank charges & interest 184 - - 184 89 - - 89
Refreshments, food, craft etc 50,510 50,510 39,019 39,019
Other costs & depreciation 6,579 - - 6,579 6,395 - - 6,395
- - - - - - - -
Total expenditure on charitable activities
946,185 - - 946,185 827,541 - - 827,541
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Governance costs 6,946 - - 6,946 3,820 - - 3,820
- - - - - - - -
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
14
**----- Start of picture text -----**
- - - - - - - -
- - - - - - - -
Total other expenditure 6,946 - - 6,946 3,820 - - 3,820
TOTAL EXPENDITURE 953,131 - - 953,131 831,361 - - 831,361
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
15
## **Other information:**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
This year Last year
Activities Grant Activities Grant
Support Total this Support Total last
Activity or programme undertaken funding of undertaken funding of
Costs year Costs year
directly activities directly activities
£ £ £ £ £ £ £ £
Activity 1 - - - - - - - -
Activity 2 - - - - - - - -
Other - - - - - - - -
Total - - - - - - - -
This year: Where sums originally denominated in foreign currency have
been included in expenditure, explain the basis on which those sums
have been translated into sterling (or the currency in which the
accounts are drawn up).
Last year: Where sums originally denominated in foreign currency have
been included in expenditure, explain the basis on which those sums
have been translated into sterling (or the currency in which the
accounts are drawn up).
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
16
## **Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Description**
**Total extraordinary items**|**Description**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
- -|
|---|---|---|
||||
||||
||||
||||
||||
||||
||||
CC17a (Excel)
12/05/2023
17
## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
_**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
**----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the
purchase of goods or services, please disclose details of any balances outstanding between any participating members.
Description/name of party
Balance held at period end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
18
## **Section C Notes to the accounts**
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
|Governance
Other
**Total**
Governance
Other
**Total**
**Last year**
**Support cost**
**(examples)**
**Support cost**
**(examples)**|**Raising funds**
**Activity 1**
**Activity 2**
**Activity 3**
**Grand total**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -|**Basis of allocation**
**(Describe method)**
**Basis of allocation**
**(Describe method)**|
|---|---|---|
||- - - - -||
||**Raising funds**
**Activity 1**
**Activity 2**
**Activity 3**
**Grand total**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -||
||- - - - -||
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
CC17a (Excel)
12/05/2023
19
## **Section C Notes to the accounts**
## **Note 10 Details of certain types of expenditure**
## **Note 10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than independent examination**|**This year**
**Last year**
**£**
**£**
750 480
- -
- -
6,196 3,340|
|---|---|
CC17a (Excel)
12/05/2023
20
## **Section C Notes to the accounts (cont)**
## **Note 11 Paid employees**
_**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_
## **11.1 Staff Costs**
|**This year:**
**Last year:**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Salaries and wages**|**This year**
**Last year**
**£**
**£**
707,829 616,113
40,816 38,315
22,775 23,307
- -|
|---|---|
||771,420 677,735|
||None
None|
## _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
|**£100,000 to £109,999**
**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**
**Band**
**Please provide the total amount paid to key management**
**£60,000 to £69,999**
**£70,000 to £79,999**
**£80,000 to £89,999**
**£90,000 to £99,999**|**This year**
**Last year**
- -
- -
- -
- -
- -
**This year**
**Last year**
**£**
**£**
35,952 34,628
TRUE
**Number of employees**|
|---|---|
CC17a (Excel)
12/05/2023
21
**11.2 Average head count in the year The parts of the charity in which the employees work**
**----- Start of picture text -----**
This year Last year
Number Number
Fundraising - -
Charitable Activities 45 38
Governance - -
Other - -
Total 45 38
**----- End of picture text -----**
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
|**This year**
**Last year**
**This year**
**Last year**
**Please explain the nature of the**
**payment**
**Please state the legal authority or**
**reason for making the payment**
**Please state the amount of the payment (or value of any waiver of**
**a right to an asset)**|**This year**
**Last year**
**£**
**£**
- -
Not applicable
Not applicable|
|---|---|
CC17a (Excel)
12/05/2023
22
## **11.4 Redundancy payments**
## _**Please complete if any redundancy or termination payment is made in the period.**_
|**Total amount of payment**
**The nature of the payment (cash, asset**
**etc.)**
**The extent of redundancy funding at the balance sheet date**
**Please state the accounting policy for any redundancy or**
**termination payments**|**This year**
**Last year**
**£**
**£**
- -
**This year**
**Last year**
**£**
**£**
- -|
|---|---|
CC17a (Excel)
12/05/2023
23
## **Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
|**Amount of contributions recognised in the SOFA as an expense**
**Please explain the basis for allocating the liability and expense of**
**defined contribution pension scheme between activities and**
**between restricted and unrestricted funds.**|**This year**
**Last year**
**£**
**£**
22,775 23,307
**The charity only**
**has one**
**unrestricted activity**
**being that of the**
**provision of**
**Charitable**
**Childcare Services**
**The charity only**
**has one**
**unrestricted activity**
**being that of the**
**provision of**
**Charitable**
**Childcare Services**
|
|---|---|
_**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the Not applicable scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity this year and last year, if different**
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity Not applicable can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details**
CC17a (Excel)
12/05/2023
24
## **Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **This year:**
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals Support costs Total
£ £
Activity or project 1 - - - -
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total - - - -
**----- End of picture text -----**
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**|**_Yes_**
**_Please provide_**
**_details of charity's_**
**_URL._**
**_No_**
**_Provide details_**
**_below_**|
|---|---|
|**_TOTAL GRANTS PAID_**
**Names of institution**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**
**Purpose**|**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
|---|---|
||**-**|
||-
-|
CC17a (Excel)
12/05/2023
25
## **Last year:**
## **13.3 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals Support costs Total
£ £
Activity or project 1 - - - -
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total - - - -
**----- End of picture text -----**
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.4 Grants made to institutions**
|**13.4 Grants made to institutions**||
|---|---|
|**_Yes_**
**_No_**
**_TOTAL GRANTS PAID_**
**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**
**Names of institution**
**Purpose**
**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
||**-**|
||-
-|
CC17a (Excel)
12/05/2023
26
## **Section C Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ **14.1 Cost or valuation**
**----- Start of picture text -----**
Freehold land & Other land & Plant, machinery and Fixtures, fittings and Total
buildings buildings motor vehicles equipment
£ £ £ £ £
At the beginning of - 68,453 - 8,455 76,908
the year
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - 68,453 - 8,455 76,908
14.2 Depreciation and impairments
**Basis SL or RB (Straight SL SL or RB RB SL or RB
Line or Reducing
Balance)
** Rate 10% 25%
At beginning of the - 6,846 - 5,779 12,625
year
Disposals - - - - -
Depreciation - 6,846 - 668 7,514
Impairment - - - - -
Transfers* - - - - -
At end of the year - 13,692 - 6,447 20,139
14.3 Net book value
Net book value at the - 61,607 - 2,676 64,283
beginning of the year
Net book value at the - 54,761 - 2,008 56,769
end of the year
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
27
**14.4 Impairment** Not applicable _**This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ Not applicable _**Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
|**14.5 Revaluation**
**_(iii) Details of the existence and carrying amounts of property, plant and_**
**_equipment to which the charity has restricted title or that are pledged as_**
**_security for liabilities._**
**_If an accounting policy of revaluation is adopted, please provide:_**
**_the carrying amount that would have been recognised had_**
**_the assets been carried under the cost model._**
**14.6 Other disclosures**
**_(i) Please state the amount of borrowing costs, if any, capitalised in the_**
**_construction of tangible fixed assets and the capitalisation rate used._**
**_(ii) Please provide the amount of contractual commitments for the acquisition_**
**_of tangible fixed assets._**
**_the name of independent valuer, if applicable_**
**_the effective date of the revaluation_**
**_the methods applied and significant assumptions_**|**This year**
**Last year**
Not applicable
Not applicable
- -
**This year**
**Last year**
**£**
**£**
Not applicable
Not applicable
- -|
|---|---|
- _The "transfers" row is for movements between fixed asset categories._
- _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also_
CC17a (Excel)
12/05/2023
28
## **Section C Notes to the accounts (cont)**
## **Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_ **15.1 Cost or valuation**
||||**Research &**
**development**
**£**|**Research &**
**development**
**£**|**Patents and**
**trademarks**
**£**|**Other**
**£**|**Total**
**£**||
|---|---|---|---|---|---|---|---|---|
|At beginning of|the|||-|-|-|-||
|Additions||||-|-|-|-||
|Disposals||||-|-|-|-||
|Revaluations||||-|-|-|-||
|Transfers *||||-|-|-|-||
|At end of the year||||-|-|-|-||
|**15.2 Amortisation and**|||**impairments**||||||
|****Basis**|||SL or RB||SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")|
||**** Rate**||||||||
||||||||||
|At beginning of|the|||-|-|-|-||
|Disposals||||-|-|-|-||
|Amortisation||||-|-|-|-||
|Impairment||||-|-|-|-||
|Transfers*||||-|-|-|-||
|At end of year||||-|-|-|-||
|**15.3 Net book**|**value**||||||||
|Net book value|at the|||-|-|-|-||
|beginning of the year|||||||||
|Net book value|at the|||-|-|-|-||
|end of the year|||||||||
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates Policies for the recognition of any capital development**_
CC17a (Excel)
12/05/2023
29
## **15.5 Impairment**
## **This year:**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ **Last year:** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **15.6 Revaluation**
## _**If an accounting policy of revaluation is adopted, please provide:**_
|**_the effective date of the revaluation_**
**_the name of independent valuer, if applicable_**
**_the methods applied_**
**_the carrying amount that would have been_**
**_recognised had the assets been carried under_**
**_the cost model._**|**Last year**
**This year**|
|---|---|
## **15.7 Other disclosures**
_**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset. (ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities. (iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year. (v) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vi) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
12/05/2023
30
## **Section C Notes to the accounts (cont)**
## **Note 16 Heritage assets** _**Please complete this note if the charity has heritage assets**_
## **16.1 General disclosures for all charities holding heritage assets**
|**(i) Explain the nature and scale of**
**heritage assets held.**
**(ii) Explain the policy for the**
**acquisition, preservation,**
**management and disposal of heritage**
**assets.**|
**This year**
**Last year**|
|---|---|
## **16.2 Cost or valuation**
|||**Heritage**
**1**
**£**|**asset**|
**Heritage asset**
**2**
**£**|
**Heritage asset**
**3**
**£**|
**Heritage asset**
**4**
**£**|
**Total**
**£**||
|---|---|---|---|---|---|---|---|---|
|At beginning of the year|||-|-|-|-|-||
|Additions|||-|-|-|-|-||
|Disposals|||-|-|-|-|-||
|Revaluations|||-|-|-|-|-||
|Transfers *|||-|-|-|-|-||
|At end of the year|||-|-|-|-|-||
|**16.3 Depreciation and impairments**|||||||||
||****Basis**|||||||Straight Line
("SL") or
Reducing
Balance|
||**** Rate**||||||||
||||||||||
|At beginning of the year|||-|-|-|-|-||
|Disposals|||-|-|-|-|-||
|Depreciation|||-|-|-|-|-||
|Impairment|||-|-|-|-|-||
|Transfers*|||-|-|-|-|-||
|At end of year|||-|-|-|-|-||
|**16.4 Net book value**|||||||||
|Net book value at the beginning of the|||-|-|-|-|-||
|year|||||||||
|Net book value at the end of the year|||-|-|-|-|-||
CC17a (Excel)
12/05/2023
31
## **16.5 Impairment**
## **This year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **Last year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation**_
**This year Last year**
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation**
|Carrying amount at the beginning of the
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At valuation**
**Group A**
**At cost Group**
**B**
**Total**
**£**
**£**
**£**
- - -
- - -
- - -
- - -
- - -|
|---|---|
||- - -|
## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)**
|**(i) Explain the reason why heritage**
**assets have not been recognised on**
**the balance sheet.**
**(ii) Describe the significance and**
**nature of heritage assets.**
**(iii) Disclose information that is**
**helpful in assessing the value of**
**heritage assets.**
**(iv) Explain the reason why it is not**
**practicable to obtain a valuation of**
**heritage assets.**|**This year**
**Last year**|
|---|---|
CC17a (Excel)
12/05/2023
32
**16.9 Five year summary of heritage assets transactions**
**----- Start of picture text -----**
2015 2014 2013 2012 2011
£ £ £ £ £
Purchases
Group A - - - - -
Group B - - - - -
Group C -
Other -
Donations
Group A - - - - -
Group B - - - - -
Group C - - - - -
Other - - - - -
Total additions - - - - -
Charge for impairment
Group A - - - - -
Group B - - - - -
Group C - - - - -
Other - - - - -
Total charge for impairment - - - - -
Disposals
Group A - carrying amount - - - - -
Group B - carrying amount - - - - -
Group C - - - - -
Other - - - - -
Total disposals - - - - -
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
33
**Section C Notes to the accounts (cont)**
## **Note 17 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Less: impairments**
**Add: Reversal of impairments**
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation
Carrying (fair) value at end of year|**Cash & cash**
**equivalents**
**Listed**
**investments**
**Investment**
**properties**
**Social**
**investments**
**Other**
**Total**
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -|
|---|---|
||- - - - - -|
***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
**17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
**This year: Analysis of investments**
## **Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Other investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**
**Last year: Analysis of investments**
## **Cash or cash equivalents Listed investments**
**Investment properties**
**Social investments**
**Other investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||**Fair**|**value**|**at**|**year**|**end**|**Cost**|**less**|**impairment**|||
||||**£**|||||**£**|||
||||||-||||-||
||||||-||||-||
||||||-||||-||
||||||-||||-||
||||||-||||-||
||||||-||||-||
||||||||||-||
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
||**Fair**|**value**|**at**|**year**|**end**|**Cost**|**less**|**impairment**||
||||**£**|||||**£**||
||||||-||||-|
||||||-||||-|
||||||-||||-|
||||||-||||-|
||||||-||||-|
||||||-||||-|
||||||||||-|
CC17a (Excel)
12/05/2023
34
## **17.3 If your charity holds investment properties, please complete the following note:**
|**(ii) Name or independent valuer, if applicable, and relevant**
**qualifications**
**(i) Explain the methods and significant assumptions in**
**determining the fair value of investment property held by the**
**charity**
**(iv) Explain any contractual obligations for the purchase,**
**construction or development of investment property or for**
**repairs, maintenance or enhancements**
**(iii) Provide details of any restrictions on the ability to realise**
**investment property or on the remittance of income or**
**disposal proceeds**|**Last year**
**This year**|
|---|---|
## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance**
|**Investment properties**
**Social investments**
**Total**
**Cash or cash equivalents**
**Listed investments**
**Other investments**
**Analysis of current asset investments**|-
- -
- -
- -
-
- -
**This year**
**Last year**
**£**
**£**|
|---|---|
||- -|
## **17.5 Guarantees**
|**Please provide details and amount of any guarantee made to**
**or on behalf of a third party**
**Name of the entity or entities benefitting from those**
**guarantees**
**Please explain how the guarantee furthers the charity's aims**|**Last year**
**This year**|
|---|---|
CC17a (Excel)
12/05/2023
35
## **17.6 Concessionary loans**
|**Amounts receivable within 1 year**
**_Total_**
**Terms and conditions eg interest rate, security**
**provided**
**Where a charity has provided financial assets as**
**a form of security, the carrying amount of the**
**financial asset pledged as security and the terms**
**and conditions relating to its pledge.**
**This year**
**Amounts receivable after more than 1 year**
**Please provide information about the significance**
**of investments to the charity's financial position**
**or performance eg. terms and conditions of loans**
**or the use of hedging to manage financial risk.**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**Where a charity has provided financial assets as**
**a form of security, the carrying amount of the**
**financial asset pledged as security and the terms**
**and conditions relating to its pledge.**
**_Total_**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_ ).**
**_Description_**
**Amounts payable after more than 1 year**
**Amount of concessionary loans received**
**_(Multiple loans received may be disclosed in_**
**_aggregate provided that such aggregation does not_**
**_obsure significant information)._**
**This year**
**_Description_**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**Value of any concessionary loans which have**
**been committed but not taken up at the reporting**
**date**
**Amounts payable within 1 year**
**17.7 Additional information**|**_Total_**
**_Description_**|**This year £**
**Last year £**
- -
- -
- -
- -|
|---|---|---|
|||- -|
|||**This year £**
**Last year £**
- -
- -
- -|
|||- -|
|||**Last year**
**Last year**|
CC17a (Excel)
12/05/2023
36
## **Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
**18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**18.1 Please state the carrying amount of stock and work in progress analysed between**
**activities.**|**unt of stock and work in progress analysed between**|**unt of stock and work in progress analysed between**|
|---|---|---|
|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
- - - - -
**_Total previous year_**
- - - - -
**Stock**
**Donated goods**
**Work in**
**progress**
**This year**
**Last year**
**£**
**£**
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
**Stock**
**Donated goods**
**Work in**
**progress**||
||-|- - - -|
|||- - - -
**This year**
**Last year**
**£**
**£**|
CC17a (Excel)
12/05/2023
37
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**Last year**
**£**
**£**
- -
5,876 5,603
811
-
6,687 5,603|
|---|---|
## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
CC17a (Excel)
12/05/2023
38
## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|
**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts**
**or performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
- - - -
- - - -
- - - -
1,500 1,500 10,500 12,000
9,930 24,941 - -
10,920 12,570 - -
3,951 4,085 - -
**Amounts falling due**
**within one year**
**Amounts falling due after**
**more than one year**|
|---|---|
||26,301 43,096 10,500 12,000|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
|**20.2 Deferred income**
**_Please complete this note if the charity has deferred_**
**_income._**||
|---|---|
|**_Please explain the reasons why income is_**
**_deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
**This year**
**_Fees received in August_**
**_2022 for sessions_**
**_commencing in the new_**
**_financial year starting in_**
**_September 2022._**|**This year**
**Last year**
**£**
**£**
5,281 7,695
5,287 5,281
- 5,281 - 7,695
**_Fees received in August_**
**_2021 for sessions_**
**_commencing in the new_**
**_financial year starting in_**
**_September 2021._**
**Last year**|
||5,287 5,281|
CC17a (Excel)
12/05/2023
39
## **Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
**----- Start of picture text -----**
21.1 Movements in recognised provisions and funding commitment during the period
This year Last year
£ £
Balance at the start of the reporting period - -
Amounts added in current period - -
Amounts charged against the provision in the current period - -
Unused amounts reversed during the period - -
- -
Balance at the end of the reporting period
21.2 Please provide: This year Last year
- a brief description of any obligations on the
balance sheet and the expected amount and
timing of resulting payments;
- an indication of the uncertainties about the
amount or timing of those outflows; and
- the amount of any expected
reimbursement, stating the amount of any
asset that has been recognised for that
expected reimbursement.
This year Last year
21.3 For any funding commitment that is not
recognised as a liability or provision, provide
details of commitment made, the time frame
of that commitment, any performance-related
conditions and details of how the
commitment will be funded (with contracts
for capital expenditure separately identified).
21.4 Where unrestricted funds have been
designated to a fund commitment, please
disclose the nature of any amounts
designated and the likely timing of that
expenditure.
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
40
## **Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
**22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.**
**22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.**
**----- Start of picture text -----**
This year Last year
None None
Not applicable Not applicable
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
41
## **Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
## **This year**
**----- Start of picture text -----**
Description of item including its legal nature. Estimate of financial effect
Please describe any security provided in
connection to the liability.
Last year
Description of item including its legal nature. Estimate of financial effect
Please describe any security provided in
connection to the liability.
**----- End of picture text -----**
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
## **This year**
|**This**|**year**||||||||
|---|---|---|---|---|---|---|---|---|
|||**Description**|**of**|**item**|**Estimate**|**of**|**financial**|**effect**|
||||||||||
||||||||||
||||||||||
||||||||||
|**Last**|**year**||||||||
|||**Description**|**of**|**item**|**Estimate**|**of**|**financial**|**effect**|
||||||||||
||||||||||
||||||||||
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
|**Explain any uncertainties relating to the**
**amount or timing of settlement; and the**
**possibilty of any reimbursement**
**Where it is not practical to make one or more**
**of these disclosures, please state this fact**|**_Not applicable_**
**_Not applicable_**
**This year**
**Last year**|
|---|---|
CC17a (Excel)
12/05/2023
42
## **Section C Notes to the accounts (cont)**
|**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**Last year**
**£**
**£**
- -
- -
143,750 155,903
- -
143,750 155,903|
|---|---|
CC17a (Excel)
12/05/2023
43
## **Section C Notes to the accounts (cont)**
|**Note 25 Fair value of assets and**
**25.1 Please provide details of the charity's**
**exposure to credit risk (the risk of**
**incurring a loss due to a debtor not paying**
**what is owed) , liquidity risk (the risk of not**
**being able to meet short term financial**
**demands) and market risk (the risk that the**
**value of an investment will fall due to**
**changes in the market) arising from**
**financial instruments to which the charity**
**is exposed at the end of the reporting**
**period and explain how the charity**
**manages those risks.**
**25.2 Please give details of the amount of**
**change in the fair value of basic financial**
**instruments (debtors, creditors,**
**investments (see section 11, FRS 102**
**SORP)) measured at fair value through the**
**SoFA that is attributable to changes in**
**credit risk.**|**liabilities**
Not applicable
Not applicable
**This year**
**Last year**
Not applicable
Not applicable|
|---|---|
CC17a (Excel)
12/05/2023
44
**Section C Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
|**Please provide details of the nature of the**
**event**
**Provide an estimate of the financial effect**
**of the event or a statement that such an**
**estimate cannot be made**|
**This year**
**Last year**
None
None|
|---|---|
CC17a (Excel)
12/05/2023
45
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Funds to safeguard the operations of the
Charity, including operating costs, working
General Unrestricted Fund UR capital and capital expenditure. 170,693 952,843 - 953,131 - - 170,405
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 170,693 952,843 - 953,131 - - 170,405
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
**----- End of picture text -----**
_**If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).**_
CC17a (Excel)
12/05/2023
46
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Funds to safeguard the operations of the
Charity, including operating costs, working
General Unrestricted Fund UR capital and capital expenditure. 118,047 884,007 - 831,361 - - 170,693
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 118,047 884,007 - 831,361 - - 170,693
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
47
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
**----- Start of picture text -----**
This year
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds
nil
Between endowment and
restricted funds nil
Between endowment and
unrestricted funds
nil
-
Last year
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds nil
Between endowment and
restricted funds
nil
Between endowment and
unrestricted funds
nil
-
27.4 Designated funds
This year
Planned use Purpose of the designation Amount
-
-
-
-
-
-
Last year
Planned use Purpose of the designation Amount
-
-
-
-
-
-
**----- End of picture text -----**
CC17a (Excel)
12/05/2023
48
## **Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an TRUE employment with their charity or a related entity (True or False)**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
- - - -
**-**
- - - -
**-**
- - - -
**-**
- - - -
**-**
**Amounts paid or benefit value**|
|---|---|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
CC17a (Excel)
12/05/2023
49
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**----- Start of picture text -----**
TRUE
**----- End of picture text -----**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
**----- Start of picture text -----**
Amounts paid or benefit value
Remuneration Pension Redundancy Other TOTAL
Legal authority (eg
contribution (including
Name of trustee order, governing loss of
document)
office)/ex
gratia
£ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -
**----- End of picture text -----**
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**No trustee expenses have been incurred (True or False)**
**Type of expenses reimbursed**
**This year**
**£**
**Travel**
-
**Subsistence**
-
**Accommodation**
-
**Other (please specify):**
-
-
**TOTAL**
-|**This year**
**£**
-
-
-
-
-|**_TRUE_**
**Last year**
**£**
-
-
-
-
-|
|---|---|---|
|||-|
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
CC17a (Excel)
12/05/2023
50
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
**----- Start of picture text -----**
There have been no related party transactions in the reporting period (True or False) FALSE
Amounts
written off
Name of the trustee Relationship Description of the Balance at Provision for bad debts
Amount during
or related party to charity transaction(s) period end at period end
reporting
period
£ £ £ £
L M Findon Trustee Rental for Broad
Street and Alveston
Sites 27,500 nil nil nil
L M Findon Trustee Rental for Quinton
site 27,940 - - -
- - - -
- - - -
**----- End of picture text -----**
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
Under a formal Rental Agreement, the Charity pays a monthly rental to Mrs L M Findon and her SIPP for the exclusive use of each of the 3 sites from which the Charity operates.
_**For any related party, please provide details of any guarantees given or received.**_
No guarantees have been given.
## **Last year**
|**Last year**|**Last year**|**Last year**|**Last year**||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**There have been no related party transactions in the reporting**||||**period (True or False)**|||||**_FALSE_**||||
||||||||||||||
|||||||||||**Amounts**|||
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**||**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**at period end**|||**written off**
**during**
**reporting**|||
|||||**£**||**£**|**£**|||**period**
**£**|||
|**L M Findon**|**Trustee**|**Rental for Broad**|||||||||||
|||**Street and Alveston**|||||||||||
|||**Sites**||27,500||nil|nil|||nil|||
|**L M Findon**|**Trustee**|**Rental for Quinton**|||||||||||
|||**site**||26,940||nil|nil|||nil|||
||||||-|-|
||-|
|-||
||||||-|-|
||-|
|-||
Under a formal Rental Agreement, the Charity pays a monthly rental to Mrs L M Findon and her SIPP for the exclusive use of each of the 3 sites from which the Charity operates.
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
No guarantees have been given.
CC17a (Excel)
12/05/2023
51
## **Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
None
CC17a (Excel)
12/05/2023
52
CHARITY COMMISSION
FOR ENGLAND ANO WALES
Independent examinerfs report on the
accounts
Section A
Indepei)dÈnt Exaininer's Report
Report to the tru8te•s
CYGNETS EDUCATION & CHILDCARE TRUST
On accounts for Ihe yoar
ended
31 AUGUST 2022
Charfty no
{If any)
1160913
Set out on pages
1to32
I report to the trustees on my examination of the accounts of the above
Charity {Ih8 Trust.) for year ended 31 August 2022.
RPonSIbIlItIeS and
basis of report
As the charity's twstees. you are responsible for the preparation of the
accounts in accordanc& with the requirements of the Charities Act 2011
('the Act").
I report in resped of my examination of the Trust's a¢¢ounls carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed all the ap1¢able Directions given by the Charity Commission
under section 145(5)(b) of the Act.
Indepondent The charity's gross income exceeded £250.000 and l am qualified to
examinerf3 statsment undertake the examination by being a qualified member of the ICAEW.
I have completed my examination. I confim that no material matters have
come to my attention in connection with the examination (other than that
disclosed below.) which gNe$ me cause to bell8ve that in. any material
respect:
the accounting records were not kept in accordance with section 130
of the Charities Act,. or
the accounts did not acrd wrth the accounting records; or
the accounts did not comply with the applicable requirements
conceming the fom and content of accounts set out in the Charitles
(Accourrts and Reports) Regulations 2008 other than any requirement
that the accounts give a Irue and fairf view which is not a matter
considered as part of an independent examination.
I have no concerns and have come a0$$ no other matters in connection
with the examination to 1¢h attention should be dravm in this report in
order to enable a proper understanding of the accounts to be reacd.
' Please delete the w0S in the brackets if they do not apply.
Slgnod:
Date:
16 May 2023
Nam•:
MICHELLE LARKIN - FILAN ACCOUNTANTS LIMITED
Relevant professlonal
qualificationls) or body
(if any):
ACA
IER
Oct 2018
Addre8S:
57 ELY STREET
STRATFORD UPON AVON
WARIVICKSHIRE, CV37 6LN
Section B
Disclosure
Only complete if Ihe examiner needs to highlight material matters of con¢em
(see CC32, Independent examination of charity accounts: directions and
guidance for examiners).
Give hern brlef detalls of
any items that the
oxamlner wlshes to
d110$0.
NONE
IER
Oct 2018