Ch8rlty reg18tratlon numbw. 1160913 CYGNEfs EDUCATION AND CHILDCARE TRUST TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Cygnots Edu¢allon and Chlldcarn Tn￿1 Contents Pag• Tru8tO98' Rewt Indq)ond0ntAudlt￿$ Rew1 7-9 ststement of Flnand81 AcUvlUe8 10 Slatement of Finandal P081tlon 11 Slatement of Cash Flows 12 Note8 to the Stotement of C08h Flo 13 Not8$ to tho Flnandal St8tomont8 1￿18 Tho followlng pow do not form port ofthe 8tatutory account8: Det8118d Statement of Flnanclal ActlvlUe8 19 Cygnots Educatlon •nd Chlldcare Tnmt Tn*tws' Roport For Tho Yoar Ended 31 AugU812025 The trustees rffesent IlRlr report and the financlal statemènts for the year ended 31 August 2025. Alm$ •nd ObJocllv•s Chalrfs Report We are a Foundalion TTUSt 50 a small band of currenlly 7 trustees gulde aThl are responslbk for the OrganisatiQD. The mix of trustees Is good wlth 2 havw a beneficlal Interes( 2 being porent IN8tw. 1 also acting as our treasurer and 3 furlher found8tlon trustee& Much slablllty 1$ ￿ded by long servlng Injstees who have pul themselves forwa￿ for re election. In some c2ses having moved further afietd. whllst Parent trustees have Introduced fresh thSnklng. 8nsuring wo rgmain msponsive to th8 ngeds of our famili85. Thank-you to all, howwor you ContritArt￿ ￿$t yearand c4JntIn￿ to do so into the new year. Thls report Is an 8xecArtive $ummary with key facts. Th& main report k% organised under the headings we use in our buslness plan arKI other plans end reports but the sectlons are SI11 rdated to Manager and Trusteelgad rasponsibllilies, aligned to the statutory requtrements of the Eaty Years Foundatkjn Stage. Contrlbutions reflect on what happgned last year but al80 wthat￿ hope to achleve In the fulurg. The numbor of chlldr￿ on roll across both sltes (all rooms induding OOSC) was sllghtly dovm an previously. 147 at the staTL of whtch 91 162%) were funded. By the end of the year thls was 159 of whtch 117 174%) were funded. The upward shtft in overall funding porGentsge8. took in ts expanson offunded plac88 and h8wrKJ1888 OOSC numbws (Mth s¢*￿1 dub5 irKluding breakfast). We expect the trend to continuo into the new year. wilh th8 final phase of th8 expanslon In chlldc8r8 places. the majorlty of our Income wlll then ojme from this funded stream. We may make adluslm8nts to our delNery model to ensure we (an offer extra funded pkces but stay vlable o¥ernll. BrcAd Slreet propothnally appaared to ha¥8 morn places than Aveston but In large part thls Is explained by pattems of att6ndan¢e. There were 5 chlldren in teceipt of Eaty Yoars PU￿1 Premlum and 1 wlth Education, Health & Care Plan fvnding in the year. nUrnbe￿ (Indudtng non classroom, admln and bank) remalned c>)nslstent through the year, 34 In September reduced to 33 in J￿*. especS8lty wllh Slckness the number could have been higher al Afveston 1 down on that site. There 18 variabilty at Ave8ton depending on the numbar of bank staff but into tho now year th8 Is￿ 18 balng addre88ed. We o)ntinued to take advantsge of thg Earfy Years Profe88ional Developmgnt progrnmmes and apprenticeship ￿herneS, delailed fft the training. We have 3 Time to Talk champions and e forest sGhool Iralned facllitator, we also held Warwi¢kshlre Incluslon KitemaTk sthome at 8r08d Stre8L A new approach to bringing the sites more In lin8 With each other18 to be welcomed. Human Resour¢e and Health and Safety support r6maln8d ry)ntr8Cted out to Avensure, and another company helped wllh an audtt of our pr8mlse& Most deaning requlrernents were also oxtemally met by Servlce Master C*n ￿￿th another deaner at Alve8lon. We banked with Lloyts and Cooper Adams Accountants provided financtal semce. We had a good year financially and into th8 new year had a sizeable donatlon. impTTJving funds, $0 we will look into investmentoptions. The Legal and General pension scheme metall regulatory requirern￿ts. All areas of the Earfy Years Fujndalicsn Slage statutory requlrements. wlth t*ang8s inrJ)rporated. were reviewed by lead managers, reporUrwJ dlreclly to the TrusL There have be￿ no serfous Incklents to report overthe pertod to 31108125. knnual feo and salary reviews were undertaken, our Reserves poll¢y was k)d(ed at In th8 year at agrggd points. along wth financial and other key documents. We continued refurt>ishment of our premlses and 130th sites retalned thelr S 8tar envimnmw)tsl he81th Talln9. Most notably the oJm*tg makeover of Ihe back garden at Broad Street was a hlghfight but thè naw wlndtrwB and doors have much enhanced Aveston. wlth more woth to come. The empha5i5 on priorÈtising customer relauonships has led to some inrv)vation$ or oxtsrffjims of good practlce In wothng with f8rnilies and thg (¥)mm￿lty. vari￿ progr•nmes h8ve Shared. a naw typ8 of parent evenlng tded and other lniliali￿ started. ..CONTINUED Page 1 Cygnets Educatton afid Chlldcarn Tfu81 Trustees, Roport {¢ontlnuad) ForTh• Y•ar Ended 31 August 2V25 Alm• and ObJKdvo¥. contlnuod Achlov•monts and Porlornian Maln Achlv•m•nts Personnel We fin18h the year vlth 811ghlly 8llmmer stsff tsam8 than w• slArt8d ￿th. Recrultrnant ¢￿tInu￿ to be dlfflcult and wllh staff $l¢knw love18 at Alv88ton rgm81nlng hlgh, k•oplng fttuy 8taffed 18 8UII a chall•ng¢. Bank Staff. manag9Tr and whero P0681blo Broad Street 8tsff are u8ed bgfore agency. Wo ¢onUnue to ty and addre8s th8 hlgh levels of slGkness In ry)n¥uftatlon wlth our HR ¢on8ullants. Aven8ure. Broad Stroot havo ton mombers of 8taff led by Vlckl Dlckeon ag 81te monagor. Th tsam Indudes a fu1-￿M• da88room ojordlnator. one level 1118upervl8or, one lovel 11188818tant. one l&vo11188816tant and an unqualllt8d OOSC 888lstanL They ara 8180 8UPPOrted by Iwo bank stsff {oM wlth a18vel11), 8 part Um6 8dmln assl8lant and a cook. They thrfll b8 back to full strength In January wth the oddluon of 8 naw superytsor. ATrM8ton hove a team of 181od by Karon Mmlar, 8118 managor and Mkhdkn Smlton. doputy. They have a baby room laad 8nd deputy, both1oval111, four Ièvo1111 supepél6or8 (one on mal8m1tyloa￿ and one who88 maln role18 ookl, ona lav81 V 8up8N180r 18 on long term 8lck, ilve lev81111 a¥sl8tsnt8. trwo lovel 11 (ono 4180 a Iwel 111 traln•81 and Iwo mombors of bank 8taff, Aiveston wlll a180 b8 8trengthened In January wlth the addlllon of 8 now deputy managor and a part Ume qualffled pradlloner. Th•y wlll poBelbly Jllll noed to re¢rult another Member of 8taff to cover 81¢kn86 ab8on¢o8 and annug1108ve. Cygnots had 8wan InMt888 at the end of the yèar, led by Unda Flndon as Chalr. Tralnlng Jveston have had one 9s818tant cumplete tholr18vo1111 ov¢r tho la81 ye8r wlth two 8tlll worklng toward8 the quallficallon. The manager at Broad Street eompletod hw Early Year8 Profes8lonal D8velopment tralnlng. Nlne staff Com￿•ted thelr 18t ald qualffi￿¢￿on (8taff are spllt Into group8 who ronow trolr 1814ld every three ye8r8 keeplng all quallfled staff fully up to dth). Two memb8rs of the management team completed thelr Deslgnaled Safeguardlng Lead refresher ensurfng that we ¢J)ntlnuo to hava all manager'8 as oirrant DSL8. CPD ¢ourses hava been undertaken olttw as a 8laff team on tralnlng day8 or Indlvtdually durlng 8up•rvl$ton and 8pprai881. We u8ed onllne c4)ur•a8 8uppllad thwh tho NDNA and a180 both onlln• and In perwn thr￿gh W8rwtck8hlre County Cwncll. The managers carylw oul lh& SEND¢0 role8 attended the onllno suTprfo8 to keep up lo date. W4Th￿￿kShIra ran online managor's meeWng$ whlth were not generalty attended as they woro found not partlcularfy useful but movlng foTward they are offeiing'ln person. meetings whlch wlll be attended by slto managers and the op8rallon8 manager. The full staff tralnlng day wa8 U88d to Garry out mandatory Safeguardlng r•frosh•r tralnlng for the staff teams acro88 the boord. 'N8W to chlidcare, Inltial Safegua￿1ng ¢our88$ ware comploted by tho tralnee8 on the ¢CAnpl8tlrKJ tholr qualmcatlon. site5 & Prem18es All 81te Safety ch(*8 w•re carrfed out Includhg PAT ￿￿n9, ￿ safety & bollar the¢ks, fire alarm and equlpment. The iwo named d881gnates wth r88pon81blllty far Health & Safoty on each slte (Kfjckl, Mandy. Karen & Mlchelle) ramaln the 8am8. Regular fire and l¢)ckdown drills havo been ￿Mpleted and logged. The overnll Health & SafetyAudlt was carrled out and 8ubsequent actton plan ¢ompl&ted. CONTINUED Page 2 ForThe Y••r Endod 31 A￿j￿t 2025 b8 sUp￿18d by YGP both gas aNI eloitrKJty. Water Sup￿ Broad Street *fjth motered w*er and Alveston u$gd for repairs and maintenarK* are from an apwoved [￿( alumlnium'slw fronf styla antranc4 doo Leamwu & Devd0pm￿t (sec11￿ 1 ofthe thrtory re(wireft*l out by Karen as ov&41 many. At Broad Street the roles we led by v￿￿ as slle manager alongskle M8nty ShèptL6rd as ijassroom ¢>)ordinator. SA wovides the (*gani68tson lead n this ar8a. the usual tèmily me$tings were suspe1￿ in fa¥our of tsrgeted meetirKJS l)awJ wourKI a devdoW￿￿t ￿ for Aveston who have Worked ma￿ StrEptwl to lying the pl￿n￿￿J. reyyJrciw aTrJ r￿tir￿S d both sites more in fine. the qualty ofthe staff interaclkTh the thihjm. thls was timètsw M th• long torm plan. evaluated their siles and created an p￿n vAth Iygerrt acthrs Idenffied to ackn'exp8Ctad slandard. SafeguaTding & Welfare Full stsff ts￿r￿r¥j, delivered by the Organisali¢)n DSLS. lakes place ￿ t4K) This is due to be held in September 2025. Our wdls dig* infrmth Frf)Stas and llryArharts. Updates from the Earfy Years team or who are suppor*1 by ts operatio￿ CtrordknatrK. Availat4• to al staff. on cur HR pladtym. we docum￿ts. InAtees ￿8 suppU8d wmh the pollcy document threcty and finks. The d￿M￿ts al>) upkn8dwJ to our drHJd￿ s>*m and can be updated ratios and remalnlrKJ wjenbfth in our Famlltes aNI Communities CONTINUED Thé prÉmary aim of our Famffies arvj Communilies awoach 15 b) in ￿tr￿shiP ￿ par￿$ aThl carers. gmng h￿h prk>rfty to tmislbve rdaliort By aThl maintslnlng strow rdationships 7thryth families. we supp)rt the b6St P)ssiblè outcrn fry and a KM)*tsve le￿rtati￿1 wllhln the local cornmuThty. and prospective parents. Key Person events. sthool leavers eAemonl8s and Sp￿ts days. To malntain strong links }￿thIn the (¥mLuity. sites have wCceSs￿ IKtsted Chrkn and Summ¥ Fair¥. competition and collerAed blue t(*ens at Tesco. engaged. In addition. key doCaM￿nts ￿ as w 1xosp￿ts aThl kn aiKI r•naln8d r6&Jlly Financial Revl FIna￿l•l Po¥ltlon Finan¢ial In relatlon to repalrs and maintenanL¥, inGlthJ full bauyofyn rofUrtA￿ and a comprehensive garden upgrdde. The bulk of th8 WO￿ was c£nled out th8 summer hoWyJ. so dNI not have a detrimental Impact on tho running of tho silo. Tr ma1￿￿ of thls was undertakon regdual funds from the sale of our Quinton site. invesllng sums into t￿￿ separate lity intwest accy)unts to retawi Ihe value of Ihe reserves and gain income from the Investr£nt fimd. Inllallon leN*ls refiwkn ltyh *KI Ihb c%￿ to have a mrk8d effec* on the interest rntes of our orrllnary acxounts. Mrs Llnda Flndon- Chair Mr John Glbbons- Trustee (appoknted 18n3r2025) Serena Mad(loo- Trustee Mr5 Sam Allison- Tn¢tee m￿ Pippa EV¥￿- Trusts? Mrs Dorothy Leitch- Trustee Charlty Number 1160913 Prlnclp81 Addra School House Broad Street Stratrord upon Avon CV37 6HN CoopwAdams Ltd Chartered fvux)unl 12 Payton Street Strafford upon Warwickshire CV37 6UA CooperfvAam$ Ltd Chartered A(rAwntants 12 Payton Street Stratford upon Av< Wapmckshlre CV37 6UA Cygnets Educatlon and Chlldcoro Thmt Trust8￿. Roport Icontlnued) ForTho Year Endod 31 August 2025 staloment of TrugtW8' R•spon8lbMI The tru8tee8 are respons￿le tr preparlng the Tnsstees. Report and the finanLial staloments In accordance wlth appThcable law and United lfjngdom AG¢ounting Stsndards (Unlted KtrKJdom Generally Accepted A￿OUn￿ng PraGtiGe}. law applkable lo tharttles In England and Wares requlres the tru8tees to wepare financlal statemants for each nancial yoar whi¢h give a Iruo and fair view of the state of affalrs of tha charity and of Ihe Sncomtng resources and appficalton of resourrAs of the charity for thal period. In preparing the financial statements the tnjstees are requlred select suitable accounting poftCi95 and th8n appty them obseNe the methods and pdnclples In tha Charlty SOFP. makejudgments and accounling estsmales that are reasonabl8 and PTud8nL state whèthar applicabl8 a￿)untIng $tandards have been followed: subSect to any depariures dI￿￿￿ed ar explainèd in tho ffinan¢ial statomonts; and propare the financial statements on the going t￿¢¢M bas1$ ￿1•$$ It * Inapproprfate to pre8um8 that the harity will continue in busines& Th8 thjstees are responslbl6 for k8eplng adaquata accountlng records Ythtd) dlsdose with reasonablo a¢curaw at anytime thè finandal posilon of tho tharity and to •nable them to ensure that accounts comply with the Charities Act 2011, Ihe Charitss (Ac(xyJnts and Reports) Regulatitms 20CQ and the provlslons of the tn￿1 deed. They are al80 responsible for safeguarding th& asse18 of the charlty and hence for takirry ro?￿nable steps for lh8 preventi¢)n and dekction offraud and 0th8r irrggularities. Tha trustees are responsible for the m8intenanc& and Inte9rlty of the corporate and finan¢ial infomiatlon Induded on the tharitls website. Lggtslation in the United lfjngdom govemln9 thg preparation and disseminabon of ffinanaal ststements may dlffw from18gislation In other lUrBdlc￿￿$. Tho truste88' report was approved by the b)ard of Irustees and slgned on Its b8haff by: Mrs LIr￿a Firthn Mr$ 8am All180n TnJste& 29Aprfl 2028 Truste8 Page 6 IndopondentAudltofs Report to the Mgmb•rs ol Cygn•ts Educatlon and ChIld￿ra Trnst Oplnlon We have audited the financial staloments of Cygnets Educatlon and Chlldcare Trust (the 'charfV) for the year ended 31 Augusl 2025 which compris8 the Statement of Flnanclal Advltles Ilndudlng InLx)me and EXpendI￿re Account), Statement of Flnanclal Posltlon, Statement of Cash Flows and the related notes. Indudlng a summary of gnificant accounting pollcles. The finandal rfrporttng frameworf( that has b8•n appli8d in thoir proparation is applicable law and Unlted Kin*Jom Accounting Standards (Untted lQngdom Generally Ac(*pted Accounting PfacUc8), Indudlng FRS 102 The Financaal Rep￿n9 Standard appl￿ble in the UK and Rewblk of 1rnIan￿. In our opinlon the finanoal st*oments: give a true and falr vlew of the 8tate of Ihe calarftys affaus as at 31 Augusl 2025 and of ils Incomlng resour￿ and appllcatlon of resources. forth& year then and￿. . have been properfy prepared In a¢xordan¢8 with Unit•d Kingdom Ggnerally Accopted AcLY)unting Pra¢ti¢6' and have been prépwed In ac0)rd￿ce *ith th8 requireM￿ts ofthe Charlli88Act 2011. Basls for Oplnlon Wa conduc￿1 our audit In accordanc* wllh Intwnalonal St8ndard$ on Audibng (UK) (ISAS (UKI) and appl¢ab Eaw. Our responsibllilies under th08e starldards are further described in the Audito¢s responsibditie5 for the audit the financtal statements secllon of our r¢porL We are Indep8ndent of the charity In accordanc8 wlth the ethlcal requirements that are relevant to our audit of the ffinanclal statements In the UK. Including the FRC'S Ethical Standard. and we have fv1fi11gd our other ethical responsibilibes in accordanca wlth these r8qulrem8nts. We belteve that the audit wkl8nGe we have obtained18 8ufflclent and approprfate to provide a basis for ow opinion. Conduslons Relatlng to Golng Conorn In auditlng tho fin8n¢ial statements, we have cfjnduded that the trustee¥, uso of the going ¢>)ncem basis of ac¢ounllng In th& preparatK¥n of the finandal Slatem￿ts Is approprlate. Based on the WO￿ we have ￿rfOrmed. we have not Iderrtlfted ary materfal urthtslntles relatlng to events or cOnd￿[on$ th8( indriidually or collgcllvely, may c8St slgnlficant doubt on the ¢hariVs ability to g)nlinug as a gow)g coneem for a pgriod of at least 12 months from whon th& flnanrAal statemonts are authorised for issue. Our r88pornlblllUes and the responslbllltl8s of the trust88s wlth re8P8Ct to golng concem are da8crfbad In the rglevant $e¢borffj ofthls roptyt The other tnfomiaoon CA)mth8s ts inforni8tSon Induded In the annual ffjptyL otrw Ihe finanryal statements and our auditors report th•raon. The truste88 are r88ponsibl8 for the other irfftjrmation o)ntsingJ within the annuol report. Our opinion on thg finan￿al statements do08 not cover tho Irrfo￿nation and we do not oxpre5s any form of assurance (yjncluslon thereon. In oJnne¢tion our au(rrt of the financlal statements. our r8sponsibilty15 to read the other infomiaoon and. In dolng so. ctsBld8r whelher the other Inforrrtalion Is materfally Inry)nslstsnt whh the financial statemonts or our knowledge oblalned In the audit or oth8pMse appeaTr to be T￿riallY misstated. If y￿ identsfy suth matwial inconsistencies or apparent materlal mi$6tatements. wo are required to detemino whether this glves rise to a material rnisslaiement In Ihe financl81 $taternents themselves. If. based on Ihe WO￿ we tw perfomwd, we conclude Ihat there 1$ a material misststement of this other InfornHtton, we ar8 requtred to report that fact. Wa have nolhlng to report In th18 regard. Pffj&7 Ind•p￿ent Audlts¢• Report Icontlnued to the Membern of Cygnots Educatlon and Chlldcare Tnwt Mattern on Whlch We Arn Raqulrnd lo R•port by Exe•pdon We have nothing to rwort in re8￿t of the follo￿ m8tt8rn In relatlon to whlch the CharftNrys (Accounts aThl Report5> Rewmlons 2008 requlre u8 to report to you If. In ouroplnlon: tho Infcmadon givon In the TNgtees' Report 18 ini>Jn8iBtent In any materfal w8Lt wlth tho financlal ststements. or suffictenl accountlng re¢ords ho¥e not been keptr, or thg fln8ndo18laiem6nts affj not In agreomont wlih tha a(tounllng recordg or retums: or wo hav8 not recelved 811 the Info￿tion and oxplanations we requlre for our audll. Ra•pon•lbllltl•• olTruot•0• As exp181ned more fully tn the Tru8tee8' Ra8pon8lbllltt88 Statement Set out on pag8 1-e, tho trustso$ aro re8pon8lble tha wepardon of th& fin8nclal st81oments and for b8lng 88￿8￿ed that thoy gfve a tru0 8nd falr vlow. gnd for 8u¢h Intamal control ￿ tho INstao8 dot•nnlno b6 noC8Wry to onable the preparafjon of flnanclal 8latement8 that aro fr80 from matodal ml8gtatèmonl, whother duo io fraud or wror. In prepgrtng the fin8nclal 818tem8nts, the tN8tee8 ara r88ponslble for a86e88lng tho ¢hoW8 abllty lo ￿ntInue as a golng ¢on¢om, d18doslng, as apkllcable, maltsrs related to golng concem and uslng the golng ¢on¢•rn b8818 of aco)untlng unless the tsustee8 elther Intend to liquldate the ch•rlty or to ¢0088 op8ratlon8, or have no reallsuc atternatlve but to do 80. Audltof• Ro•pon•lbllftlM fortho Audft of tho Flnand•l 81•tom•nts We have been appohted as audbtor under sedon 144 of the Charldes Ad 20118nd roport In a¢¢ord8nco wlth th Act and relevant regulatton8 made or havlng ellect thereunder. Our Object￿•8 are to obtaln reaoonabb ao8uranc• about whether tho finandal 818tomonts 88 a whol8 are Im from moledal mlsstalemenl whethor due to fraud or error, and to 188ue an aLKllto¢8 r•port thgl Includes our oplnlon. Reasonable 888uranrx18 & hlgh lavel of assuranco, bul Is nol a guarantee that an audlt conducted In accordance wlih ISAS IUKI wlll alway8 detect 8 materS81 mL88tatem8nt wh8n 11 oxlsts. Mbstaternents can ad8e from fraud or Ofror and aro con•ld8rnd m8todal If. Indivldually or In the aggregats, thoy Could roosonably b• expected to Influon¢o tho 0(x)nomlG doclBlon8 of u8Of8 lakon on bas18 olthe8e financlal statemonts. The extent to vthlch our proeedurnl are capable of detectlng lffegularldes. IndudlThJ fraud18 d•tallad below: Irrogul8riti8$. Includlng fraud. aro Instances of rÈonacompllance wtth law8 and regulaWons. We deslgn procedures In Ilne wlth our respon61blllttes, outllned above. to dotfjct materlal mls8tatements In respect of Irregularftles, Inctudlng fraud. Because of the Inherent Ilmltaltons of an audll. th8re18 a rf8k that we wlll not detect all Irregularfle6, IrKludlng those laadlNJ to a matertal mlsststemant In th8 flnanckl Statements or non8 RECONCIUATION OF FUNDS: Totsl fundB brought forward TOTAL FUND8 CARRIED FORWARD 80,479 67.858 276,201 208,343 13 358,880 276.201 Tha notes on pages 13 to 18 fomi part ofth88e flnandal 8tatemonts. Pago 10 Cygnets Edu¢atlon and ChlldrAro Trust Statemont of Flnanclal Po8lllon AsAt 31 August 2025 2024 Unrostrlcted Totsl funds ndg FIXED AS8ErJ TarvJSbleAssets 50,741 55.858 50.741 55,658 CURRENT ASSETS Debior8 Cash at bank and En harrft io 3.171 5,361 337.841 234.710 341,012 240,071 Cr•dltors: Amounts Falllng Du• Wtthln One Year 11 (29.0731 (12.If28) NEf CURRENT ASSEf8 IUA8IUnES) 311.939 228.043 TOTALASSET8 LEPo8 CURRENT LIABILMES 362.680 283.701 Crodltors: Amounts Falllng Duo After Moro Than One Y￿r 12 (6.000) (7.500) MeT ASSErs 356,680 276,201 FUNDS OF THE CHARITY Unrestrlcted Funds 356.680 276.201 TOTAL FUNDS 13 356.680 276.201 On behalf oftho board Mr5 Linda Findon Mrs Sam Awson Trustee 26 Awl 2026 Trustee The notes on p8ge8 13 to 18 forni part of these financHI statements. Pag8 11 2025 104.937 54,134 104.937 54,134 Purthase oftanglble assets {1.806) 113.S18) Increa8e in cash aThl equtvalents Cash and cash equivalents at bgglMty￿ of 103.131 234.710 40.616 194.094 337.841 234.710 Pag8 12 Cygnots Edu¢akn and ChIld￿re Trust N¢>tO8 to tho Statoment of Cash Flows ForTho Year Endfjd 31 August 2025 1. RKoncNlatlon of Incom• to cash 9on•ratsd from 2024 Net Incom6 Adiuslments for. Depre¢latlon of tanglble assets 80,479 67,858 6.723 7.145 Dacr8aseI{In￿ease> In trade ar￿ other dobtor5 IrKre88d(decxeas6) In tJado and other credltors 2.190 15.545 (890) (19.979) 54.134 Net cash genernted frThn opo￿tiOnS 104,937 2. Caoh and ￿$h •qulvalMts Cash and ￿$kn equfvdants. as stated in the stat￿nt of Cash Flow4 relales to the follo¥ArKJ118ms In the BaLgnc8 Sltht 2024 C8sh at bank and In h￿d 337.841 234,710 3. An•ty81s of ¢hangM In not funds AS at 1 Cash llows As at 31 August 2025 2024 C￿h at bank and in hand 234,710 103,131 337,841 Pap13 Cygnets Educath?n and Chlldcarn Tnmt Notss to tho Flnonclal Statements ForTho Year End•d 31 August 2025 1. G•n•rnl Infonnatlon Cygnets Education and Childcare Trust Is a Charitable Incorporai8d organisatlon rnglstered wllh the Charfty Commission. registered charity number 1160913. The prinripal addr￿18 s￿￿01 House, Broad Stréet. Straiford UP(Yb Awn. CV37 6HN. 2. Accountlng Pollcles 11. Basls of Preparatlon of Flnanclal Ststoments The final￿181 statements have been prepared In ac*udance wlth the Charlttes SORP (FRS 102)°Accountin9 and Reportlng by Charlties: Statement of Recommended Pra¢ti¢e applica￿0 to chaTiti8s preparing thoir accounts In accordance wllh the Flnancld Reporting Standant appli(abEe in the UK and RepubbG of Iroland (FRS 1021 (eff￿¥8 1 January 20191., Flnanclal Reporung Standard 102 rho Finandal RaFQrting Standard appll¢ablo In tho UK and R•publlc of Ireland. and the CharlilesAct 2011. Tho Charity b a Pubfic Bonefft Entity as defIn￿j by FRS 102. 2.2. Tanglble Flxed A88•ts and Depro¢latlon Tangli )le fixed assets are measured at cost less acujmulated depreciation and any accumulated impainnent losses. Oepreclatton Es provided at rates GalGulaled to wrlte off the cost of tho ￿ed assety less thdr e&ttm8ted resldual value. over th8lr expected useful Ilves on the folknww￿ bases: Freghold Fixiur6s & Flitlngs 10% rodu¢lng balance 25% reducin9 balanc 22. C46h •nd C•sh Equlvalonts Cash and cash equivalents are basic financi81 awts and indudè cA8h in hand and deposits held at tall wlth banks. other SI￿rt-lern hlghly Itquld investm8nts that mature In no more than three months from the date of acquisibon and are ￿adIlY ojnvertlble to a known 8mount of Cash with In$lgnlficant risk of change In value. and bank overdrafts. 2024 Unro¥trlGtsd Unr•strtctod fvnd• funds Donatlons and gffts 2,744 50,000 4. Not Inc {603,158> {51.921} (39,371} {23.3461 (20,812) {75,7781 (76.075) 193,351> (37,373> (11,604> (9.867) {9.587) {9.752) (140) (119) (830) {2.680) (28,512) (32235) (6,723) (7,145) (1.002,399) 1838,587) Refreshmenl Fcw)d and Craft Depre￿tion Support Coats Audit and accountan¢y fe88 (8.400) 18.400) (1.010.799) (843.387) {4.800) (4.800) NEf INCOME 80.479 67.858 Page 19