## |CONTENTS:|||PAGE;| |---|---|---|---| |Directors Report|||1-7| |Independent
Examiners Report|||| |Statement ofFinancial Activities|||| |Balance Sheet|||10| |Statement ofCash Flows|||| |Notes to the Fmancial Statements|||12-19| |The following
pages do not form|part ofthe Statutory Financial|Statements:|| |dEdit|Ant||20-21| |DIRECTORS:|LTuohy||A|Masefield|RHandley| |---|---|---|---|---|---| ||SPiotrowski||B|Carod Alonso|A Rees Roberts| ||W Kelly||F|Iliescu|V Hallam| ||A Walter||R|Oosthuysen|JForman| ||JRebling||C|Eccles|M Haaser| |HEADTEACHER:|LTuohy||||| |DAY NURSERY MANAGERS;|SPiotrowski||and H Ochalik-Baca||| |REGISTERED OFFICE:|37Parkside||||| ||Cambridge||||| ||CBI IJE||||| |REGISTRATION NUMBER;|01170191(company limited by guarantee)||||| |REGISTERED CHARITY NUMBER:|271233||||| |INDEPENDENTE~R:|Nigel A Prentis FCA||||| ||For and on behalf of:||||| ||Prentis &|Co LLP|||| ||Chartered|Accountants||Jk Independent|Examiners| ||115cMilton||Road||| ||Cambridge||||| ||CB4 IXE||||| |BANKERS:|Lloyds||||| ||PO Box 1000||||| ||Andover||||| ||BXIILT||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |As at 31stAugust 2023 we had the foll|owing
funds in banks and equi|ties:||| |---|---|---|---|---| |Cash|||2023|~222| |Various accounts shown in note 15ofthe financial
statements|||6248,452|f217,522| |~Eitles|||Market|Market| ||||Value|Value| ||||2~02|2022| |British Land Company Pic
Henderson
Far East Income Ltd|10,428 shares valued
25,295 shares valued|at
at|f32,734
f62,800|f37,044
f71,964| |Keystone
Investments
Trust Pic|32,917 shares valued|at|f67,644|f66,930| |Shires Income Pic
Henderson
High Income Trust Pic
F 8t C Investment
Trust Pic|20,106 shares valued
39,373 shares valued
11,428 shams valued|at
at
at|&l5,037
f53,752
f97,024|f54,387
f66,737
$94,169| |Total value|||%358,991|g391,231| ## ## ## ## ## |LTuohy||A Walter|||F Iliescu|| |---|---|---|---|---|---|---| |SPiotrowski||JRebling|||R Oosthuysen
(appomted
10/11/22)|| |R Humphrey
(resigned
10/11/22)||A Masefield|||CEccles (appointed|10/11/22)| |W Kelly||EKirk (resigned|10/11/22)||RHandley
(appointed|10/11/22)| |H Beckett (resigned|10/11/22)|JRidge (resigned|10/11/22)||A Rees Roberts (appointed
10/11/22)|| |H Greene (resigned|10/11/22)|BCarod Alonso|||V Hallam (appointed|10/11/22)| |T Saigol (resigned|10/11/22)|M Gentsch (resigned||10/11/22)|JForman (appointed|10/11/22)| ||||||M Haaser (appointed|10/11/22)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Note||||||| |---|---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |||||Funds|Funds|2023|Funds|Funds|2022| |INCOME|FROM:||||||||| |Grants and|donations|||18,246|98|18,344|6,615|400|7,015| |Charitable|income|||742,549||742,549|692,558||692,558| |Investment|income|||17,700|67|17,767|17,512|I|17,513| |||||778,495|165|778,660|716,685|401|717,086| |EXPENDITURE ON:|||||||||| |Investment|fees|||200||200|184||184| |Raismg fimds
Charitable
activities||||1,839
729,387|2,540|1,839
731,927|394
692,329|2,540|394
694,869| |||||731,426|2,540|733,966|692,907|2,540|695,447| |Net income|before gains on||||||||| |investments|||10|47,069|(2,375)|44,694|23,778|(2,139)|21,639| |Net losses|on investment||12||||||| |assets||||(51,265)||(51,265)|(60,466)||(60,466)| |Net movement
in funds||||(4,196)|(2,375)|(6,571)|(36,688)|(2,139)|(38,827)| |Reconciliation
offunds|||||||||| |Total funds|brought|forward||523,108|16,630|539,738|559,796|18,769|578,565| |Total fimds|carried|forward||518,912|14,255|533,167|523,108|16,630|539,738| ## ## ||Notes|2023||2022|| |---|---|---|---|---|---| |FIXEDASSETS|||||| |Investments|12||358,991||391,231| |Tangible
assets|13||6,562||12,185| |TOTAL FIXEDASSETS|||365,553||403,416| |CURRENT ASSETS|||||| |Debtors|14|7,699||8,103|| |Cash at bank and in hand|15|248,452||217,522|| |TOTAL CURRENT ASSETS||256,151||225,625|| |LIABILITIES:|||||| |Creditors: amounts
falling due|||||| |within one year|16|88,537||89,303|| |NET CURRENT ASSETS|||167,614||136,322| |TOTAL NET ASSETS|||533,167||539,738| |THE FUNDS OF THE CHARITY:|||||| |Unrestricted
fund|2]||518,912||523,108| |Restricted fund|21||14,255||16,630| ||||533,167||539,738| ## ## |STATEMENT OF CASH|FL|OW|S||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||Total|Total| |||||||||Funds|Funds| |||||||||2023|2022| ||||||||Note||| |Cash Flows from Operating||Activities:|||||||| |Net cash provided
by/(used|in) operating|||activities|||23|32,388|43,785| |Cash Flows from Investing||Activities|||||||| |Dividends
and Interest Irom||Investments||||||17,767|17,513| |Investment/dealing
costs||||||||(200)|(184)| |Purchase ofFixed Assets|||||||||(300)| |Purchase ofInvestments||||||||(19,025)|(17,599)| |Net Cash Provided
by Investing|||Activities|||||(1,458)|(570)| |Change in cash and cash equivalents
in the reporting|||||period|||30,930|43,215| |Cash and cash equivalents|at|the|beginning ofthe reporting|||period||217,522|174,307| |Cash and cash equivalents|at|the|end ofthe reporting||period|||248,452|217,522| ## ## ## ## ## ## ## ## ## ## ## ## |event ofthe company being wound up, the liability
in respect|event ofthe company being wound up, the liability
in respect|ofthe guarantee
is limited to Kl per m|ember ofthe|charity.| |---|---|---|---|---| |GRANTS AND DONATIONS||Unrestricted|Restricted|Total| |||Funds|Funds|2023| |CURRENT YEAR||||| |Grants - CCC - Graduate|Leader Fund|1,000||1,000| |—CCC -EHCP||15457||15,257| |-CCC - DAF||828||828| |Donations||1,161||1,259| |||18,246|98|18,344| |||Unrestricted|Restricted|Total| |||Funds|Funds|2022| |||||f,| |PRIOR YEAR||||| |Grants - CCC - Graduate|Leader Fund|1,650||1,650| |-CCC - SENIF||2,951||2,951| |-CCC-DAF||800||800| |Donations||1,214|400|1,614| |||6,615|400|7,015| ## ## ## ||INCOME FROM CHA|RIT||ABLE ACTI|VITIES|||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||||||Funds|Funds|2023|Funds|Funds|2022| ||Nursery
School fees
Day Nursery
School fees
Fundraising||||458,376
282,312
1,861||458,376
282,312
1,861|430,869
261,614
75||430,869
261,614
75| ||||||742,549||742,549|692,558||692,558| |5.|INVESTMENT INCOME||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||||||Funds|Funds|2023|Funds|Funds|2022| ||Bank interest received||||1,410|67|1,477|18|1|19| ||Dividends
received||||16,290||16,290|17,494||17,494| ||||||17,700|67|17,767|17,512||17,513| ||EXPENDITURE ON RAISING FUNDS||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||||||Funds|Funds|2023|Funds|Funds|2022| ||||||||f.|||| ||Fundraising
expenses||||1,839||1,839|394||394| |7.|ANALYSIS OF CHARITABLE||||Direct|Support||Direct|Support|| ||ACTIVITIES||||Costs|Costs|Total|Costs|Costs|Total| ||||||(Note 8)|(Note 9)|2023|(Note 8)|(Note 9)|2022| ||Charitable
activities||||603,233|128,694|731,927|576,960|117,909|694,869| |8,|DIRECT COSTS||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||||||Funds|Funds|2023|Funds|Funds|2022| ||||||||||6|| ||Salaries, national
insurance||and pension|||||||| ||(Note 11)||||589,095||589,095|562,523||562,523| ||Toys and snacks||||12,665||12,665|13,574||13,574| ||Trips and activities||||1,473||1,473|863||863| ||||||603,233||603,233|576,960||576,960| |9.|SUPPORT COSTS||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||||||Funds|Funds|2023|Funds|Funds|2022| ||Rent, rates and insurance||||62,961||62,961|58,664||58,664| ||Light, heat and telephone
Repairs and renewals||||9,416
13,981||9,416
13,981|8,112
8,766||8,112
8,766| ||Household
and cleaning||||8,735||8,735|9,803||9,803| ||Administration,
staff training|||and welfare|15,693||15,693|17,642||17,642| ||Bank charges||||230||230|346||346| ||Sundry expenses||||3,786||3,786|1,885||1,885| ||Legal fees||||5,309||5,309|4,248||4,248| ||Depreciation||||3,083|2,540|5,623|3,083|2,540|5,623| ||Governance
costs|||||||||| ||Independent
examiners|fee|||2,960||2,960|2,820||2,820| ||||||126,154|2,540|128,694|115,369|2,540|117,909| ## |10.|NET INCOME FORTHE YEAR||||2023|2022| |---|---|---|---|---|---|---| ||||||f,|| ||This is stated after charging:|||||| ||Independent
Examination
fee||||2,960|2,820| ||Depreciation offixed assets owned by the company||||5,623|5,623| ||Operating
lease rentals||||52,071|50,275| |11.|STAFF COSTS AND DIRECTORS REMUNERATION|||||| ||The total staff costs for the year were;||||2023|2022| ||||||6|| ||Wages and salaries||||515,312|492,624| ||Employers
National
Insurance||||41,954|40,763| ||Employers
pension contributions||||31,829|29,136| ||||||589,095|562,523| ||The average
monthly
number ofemployees,|including|directors,|during the year was as follows;||| ||||||2023|2022| ||Direct charitable
work||||21|20| ||Administrative||||3|2| ||||||24|22| |One employee
had employee
benefits between 880,000 and f89,999(202
ail&1879,999)|2i one employee
had benefits between f|70,000| |---|---|---| |INVESTMENTS|2023|2022| |Market value at 1st September 2022|391,231|434,098| |Additions|19,025|17,599| |Unrealised
losses|(51,265)|(60,466)| |Market value at 31stAugust 2023|358,991|391,231| |Historical cost at 31stAugust 2023|448,437|429,412| |All shares are held in listed equity investments.||| ## ## ## |13.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS|||Leasehold|Furniture k.|| |---|---|---|---|---|---|---|---| ||CURRENT YEAR|||Improvements||Equipment|Total| ||COST||||||| ||Balance at 1st September 2022 and 31st||August 2023||103,726|21,742|125,468| ||DEPRECIATION||||||| ||Balance at 1st September 2022||||97,097|16,186|113,283| ||Charge for the year||||4,680|943|5,623| ||Balance at 31stAugust 2023||||101,777|17,129|118,906| ||NET BOOK VALUE AT 31stAugust 2023||||1,949|4,613|6,562| ||NET BOOKVALUE AT 31stAugust 2022||||6,629|5,556|12,185| ||TANGIBLE FIXEDASSETS||||Leasehold|Furniture k|| ||PRIOR YEAR|||Improvements||Equipment|Total| ||COST||||||| ||Balance at 1st September 2021||||103,726|21,442|125,168| ||Additions|||||300|300| ||Balance at 31stAugust 2022||||103,726|21,742|125,468| ||DEPRECIATION||||||| ||Balance at 1st September 2021||||92,417|15,243|107,660| ||Charge for the year||||4,680|943|5,623| ||Balance at 31stAugust 2022||||97,097|16,186|113,283| ||NET BOOK VALUE AT 31stAugust 2022||||6,629|5,556|12,185| ||NET BOOK VALUE AT 31stAugust 2021||||11,309|6,199|17,508| |14.|DEBTORS|||2023||2022|| |||||Due within|Due after|Due within|Due alter| |||||one year|one year|one year|one year| |||||||8|| ||Trade debtors|||374||359|| ||Payments
in advance|||5,325|2,000|4,464|2,000| ||Other debtors|||||1,280|| |||||5,699|2,000|6,103|2,000| |15.|CASH AT BANK AND IN|HAND||||2023|2022| ||||||||8| ||Fee account|||||87,193|123,570| ||Current accounts (including|day nursery|deposits and monies|held in advance||85,642|76,233| ||referred to in note 16)||||||| ||Bursary account|||||13,201|13,036| ||United Trust Bank|||||60,638|| ||Petty cash|||||229|199| ||IG Income account|||||1,549|4,484| |||||||248,452|217,522| |TO THE FINANCIAL STATEMENTS||| |---|---|---| |CREDITORS|2023|2022| ||Due within|Due within| ||one year|one year| |Accruals and deferred income|88,537|89,303| ## ## ## ## ## |as follows:|||||| |---|---|---|---|---|---| |||||2023|2022| |Expiry date: Between one to five years
:In more than five years||||5,199
732,209|17,677
554,302| |||||737,408|571,979| |ANALYSIS|OF NET ASSETS BETWEEN FUNDS|||Restricted|| ||||Restricted|Day|| |||Unrestricted|Bursary|Nursery|| |||Fund|Fund|Fund|Total| |Investments||358,991|||358,991| |Tangible fixed assets||5,508||1,054|6,562| |Net current|assets|154,413|13,201||167,614| |||518,912|13,201|1,054|533,167| |||||Restricted|| ||||Restricted|Day|| |||Unrestricted|Bursary|Nursery|| |PRIOR YEAR||Fund|Fund|Fund|Total| |Investments||391,231|||391,231| |Tangible fixed assets||8,591||3,594|12,185| |Net current|assets|123,286|13,036||136,322| |||523,108|13,036|3,594|539,738| ## ## ## |STATEMENT OF FUNDS|STATEMENT OF FUNDS|At||||||At| |---|---|---|---|---|---|---|---|---| |CURRENT YEAR||1st September|||Losses|on||31stAugust| |||2022|Income|Expenditure|Investments||Transfers|2023| |Restricted funds:||||||||g| |Bursary Fund||13,036|165|||||13/01| |Day Nursery Fund||3,594||(2,540)||||1,054| |Total restricted
funds||16,630|165|(2,540)||||14,255| |Unrestricted
fimds:||||||||| |General funds||522,071|777,465|(730,389)|(51,265)||-|517,882| |Designated -Leavers' fund||1,037|1,030|(1,037)||-|-|1,030| |Total unrestricted|funds|523,108|778,495|(731,426)|(51,265)|||518,912| |Total funds||539,738|778,660|(733,966)|(51,265)|||533,167| |||At||||||At| |PRIOR YEAR||1st September|||Losses|on||31stAugust| |||2021|Income|Expenditure|Investments||Transfers|2022| |Restricted fimds:|||||||f|| |Bursary Fund||12,635|401|||||13,036| |Day Nursery
Fund||6,134||(2,540)||||3,594| |Total restricted
funds||18,769|401|(2,540)||||16,630| |Unrestricted
funds;||||||||| |General funds||558,074|715,471|(691,008)|(60,466)|||522,071| |Designated
-Leavers' fund||1,722|1,214|(1,899)||||1,037| |Total unrestricted|funds|559,796|716,685|(692,907)|(60,466)|||523,108| |Total funds||578,565|717,086|(695,447)|(60,466)|||539,738| ## ## |ACTIVITIES|||||| |---|---|---|---|---|---| |||||2023|2022| |Net expenditure
for|the reportmg||period|(6,571)|(38,827)| |Adjusted for:|||||| |Depreciation
charges||||5,623|5,623| |Dividends
and Interest||fiom investments||(17,767)|(17,513)| |Investment/dealing|costs|||200|184| |Unrealised
(gain)/toss||in the year||51,265|60,466| |(Increase)/decrease|in|debtors||404|(2,181)| |(Decrease)/increase|in|creditors||(766)|36,033| |||||32,388|43,785|