A.C.E. NURSEKY SCHOOL (CAMBRIDGE) LJM]TED FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 cowrENTS AND COMPANY INFORMATION CONTEKrs: PAGE.. DiT¢th0￿, Rep)rt Independent ExaTllill¢ts Report Statement of FinaDci81 Activities Balance Sh¢¢t 10 S￿eMent of Cash Flows li Notes to th¢ Financial State￿ents 12-19 The following pagES do not fonn p8rt of the Stattrtory Fi]Jancial Statements: Detsiled Income aud Expenditlre A¢￿ullts 20-21 DIRECTORS: L Tuohy F Ili¢s¢ J Fonnan D Church O Lynskry Payne L Ri¢bens L Rol￿ts O Woog V Ha￿eY L Saliuas MLU)OZ A Schmidt L Tucker HEADTEACHER: L Tuoby DAY NURSERY MANAGER.. H (khalllo-Baca REGISTERED OFFICE.. 37 PaTkside Cambridge CBI IJE RECIlSTIL4TION NUMBE]L. OL170191 (cornpany limited by guaTaDtee) REGISTERED CHARITY NUMBEIL. 271233 INDEPENDENf EXAMINER: Nigel A PTeniis FCA For alld on khalf of: Prentis & Co LLP Chartered A￿OUntAnts & In(kpeDdent Ex8mineTS 115¢ Milton Road Carnbridge CB4 IXE BANKERS: Lloyds PO Box 1000 Andover BXI ILT A.C.E. NURSERY SCHOOL (CAMBRIDGE) LITr￿￿TED PAGE I FINANCIAL STATEMwfs FOR THE YEAR ENDED 3JST AUGUST 2025 REPORT OF THE DIRECTORS Th¢ trustees (who are also direct{￿ of the ¢harity for the purposes of the Compani¢5 Act) present their annual report togetber with th¢ financial State￿eThts of ACE N￿￿ery S¢h(K)l (Ca￿brIdge) Limited for the year ended 31st Augu512025, whicb are also prepared to meet the requirements for a diifKLoIs' report and accounts for Co]Jpwties Act pwposes. The trustees CODfinn that the annual report financial stst¢m¢nts of the Charity comply with current 5tstutory requiremellts. the requirements of the Charit￿5 governing docllrnent and the pro¥ision5 of the Stsigment of Recomrnended Practi¢e- Account￿]g aud Reporting by Clwities.. SORP applicable to tharities prepaTirtg ther accounts in accordance with FRS 102. OBJECTS AND ACTNITIES The cbariws objects and its pri]]cipa] activity continues to b¢ that of providing pr¢-school llursery facilities and after scboDI in the forni of a Nursery School alld Day Nurs¢ry. ACHIBVEMBNTS AND PERFORMAliCE Below we summw tbe 2Q24-25 acadetni¢ yetsr and how w¢kn met developjnent plan5 at nursery. CE Nurse School Mykatou W¢ continued the regular use of Makaton in the setting. for exatnple children answ*rthe ￿gISter using the Makaton sign for'yes,. Around the butlding w¢ bave the signs fr>r aDd displayed an(1 t]￿se aye u)ed at snack time. We have a 'word of Ihe week. (¢.g. wel¢oTne, deciduow, construction...) aud whcrever poss11)le we find out the Makaton sign for worl as well ]nts￿lIng it into our day. Itbelps ￿7th comjnunication and the cbildren have really embraced IL It's a different way of learniDg and all cbildren are able to participate. It e￿pOwerS everyoDe to be able to communicate im the Same way regardless of whetherthey speak English as an additiDDal laDguage, have de]ayed sp¢eth or other parti￿￿ar neth. WE intend to continu¢ incoTrorating Makaton into our daity routine. GardeD We had plans to buy new planter5 blrt ID ibe eDd we didn't need to &5 a p8rent madB a iarge onc for us. We reorganised the layout of the allottllent and added &ll'ACE alloknent, sign. Durillg the spring ￿.¢ set up a seed planting table in the front garden,. at drop off md coLle¢tion tnThes the children and their parents could help themselves to a packet of seeds, blode￿ad&b]e pots and corllpost. Mally families took a￿TY seeds and nLUtur¢d them at horne. Anii excess seedlings came back to us end wc added the young plants to our allotnent. Although we tslked last year e5tablisbing an ACE Community Allotmellt alld ellcouraging fRTnily members to come in and &gTden with us, tt worked better ft>r fanlllies to do their own ￿Wing Activities alho￿e and then bring in their spare plmts for us to ￿e at ACE. We observed that the childrell were very keeDto participa[¢ in the planting activities tend to the ew plants. We a]so ww plants from seed at Dursery, foT exaTuple we squeeztd pips frorn tomatoes iDtO W)ts ofi'coRllposL watered th¢yn alld watchEd the seedlillgs app￿. The children looked after the pl&)ts indoors before planting them out wtken the weather was warni enough. the gir15 alld boys delicatety bk)nd]ed the seedlings and u￿derStood they were tragile. With all the fine weather and lotg of watering by the childr¢n, we ended up with a bujnper crop of tomatoes, wcumbers a￿d ￿￿￿to¢s. although fjhe pumpkiDs were disappointing! l¢'s always a magical moment when the children (bg for potatrJe5 and fmd 'jewels' appearing out of the Soil. A parent p&intcd an"ACE playhouse- everyone w¢Ic0￿C sign which is llow att￿h¢d to our playhouqe. signall[￿g illclusivity and uDderlining ttRt it's a CODimunai spacc foT 011 the Lhildren to Cujoy. Workshop The monies rnised fron] the summ¢r 2024 Ivdvers, fimd wcre largely spent on kitting out the W0￿ShOp. A bespoke wooden bench was made by one of the par¢nts, wbo is a master CTrIisr￿. and be advtsed on the best t(K)Is to us¢ wtth the children. Accordingly a vice wa5 addedto the workbench and w¢ bought a range of cquipmenL including a harAd dTKII, Shorth￿]dIed screwdrivers tape measu￿1 han]mers and 5panners. We were given several piew of w(M)d that #re appropriate to use witb cbilthen and all of the new tools W¢Te vlilised. Childrcn designed ite￿5 they'd like to make and were thcu able to build them. A WODdeTful array of animals, abstractobje£t4 picture fraToe$ even a model T&j mah￿ were builtT The workshop tbe bigblight of the year-. the Wdy the cbildreD responded to it W25 a￿zillg. IT) fact we renarnEd what h&s be¢u known &s'the puzzle room, for 58 Ye￿ ￿'the wortshop.. That's how wlllluitted w¢ wcr¢ to tbis being the right thing to do. kt was a real step forward for the Childten's learnillg, raDging from a Tespect for llaturnl materials and awarenes5 of 8aftty. tr> the acquisitioT) of practica] and design Skills. A.C.E. NURSERY SCHOOL (CAMBRtDGE) LIMrrED PAGE 2 FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 REPORT OF THE DIRECTORS CONT.... Liaisoll with ACE Day NllTsery Staff swaps didn'thBppen oftEn ￿ we A￿d lloped Usually ¢XcU￿edwh¢n we were sttpporting one auotber through staff absence, which negat¢s th¢ ueed for agency 5tsff. Th&s¢ opporti]nitie5 have realls, brought together the t¢ams from both settirAgs. Ultimately it aids the tr￿lti1)ll of the childreo moving Ltp to ACE Nursery S¢hool ¢ach year. They grtto know the staff when they visit the Day Nvrsery alld so,they see familiar faces when they move up to IbeNursery School. ENCO role The senior ENCO role was cascaded throughollt the team so all staff memk*T5 ta]k¢d to their key fatnilics aboLrt their intsrest4 18llguages and home ¢¢lebTaiions. We made sure ¢veryon¢ iJ]¢lu(kd. stsff itivi￿1 membeT5 of their key families to sh￿¢ their customs, cultyres, languages, prof£&%ions atKI important calendar dates with us. We have a main plaJ)ning board iu the I￿]￿WaY and it includes not Only tbe voiw of staff, but also those of thE cbildreK and their paTants. When suggestions are ￿ade (e.g. a chlld might show a special illterest in say a￿]mals) this is added io the ￿ard 50 everyone has a vol￿. We then do our bestto build these idw into what we offeT the children at nursery (e.g. we enjoyed a visit from a gI￿t Ethiopiall tortoise, 88 well as So￿£ baby tortoises. to iiDk in wtth the anima] projeet). Pollefes Those displayed on the ￿bsite bave been review¢d in house, with some iDpuI ￿ appropriate frorn the parents, conynittee. Most polictes are Sha￿d with the Day Nursery 50 it tne8lls b¢)th Sdting5 pr¢ havillg their say on apol1￿ before it is adoptr ACE Da Nurse Reeruitment stalf tr&iDing It remains a ¢hallwgiDg 6nviroDment for eaTlyye8n' t￿ltine71L We employed three new stsff members during the year and ar¢ continuing to look for a qualified person to repla¢e Lawl ow Deputy MatMg¢r, who is oll maternity1&7ve. We are encourawg our unqllalified staff n]embers io stsrt e8Jly yeJr5' qua]ifi¢ation5 whertver PD)sIYJle. Staff have I￿(￿rtaken a number of Cambridg¢shire CoU￿ty Council traininir courses during the year. including SEND ENCO refreshers. A second SENCO traiD¢d * ACE Day NLW to supp)n the designated le&tl Overarcbing tbemes We continued with overar¢bing themes each terni: 'all abouÈ us. in the auts]llfft terni 'all 8round th¢ world. in the spring term and '¢urriculum go&]3' in the suDun¢r tEr￿. 'All akx)ut us, works well iD the first term of the scbool year as we gei to know our new families. We enLourw each family to pr0dl￿£ a'f8rnily Portrait for each ehtld comprising photos of important people alld pets their lives. We regularly look atthcse portraits iogeÉber at nutsery and talk about family￿e￿bErS, P8JticulaTly during the settling- in phase. In tELe spring tem4 our theme linked closety to'und¢rstandTllg the world. which is one of the seven 8reas of legrning d developrnentfrom the Early Years FoundktioD Stage fttmework. We welcotne fatnilies from around the worldto ACE Day Nursery, as CèuDbridge is such aD ￿ternationa] citv, and so this theme helped ￿ fJDd Out￿Ore about where our families are from, what they celebrate at ho￿¢, th¢ languages they Speak and the places ¢hi](]rvk trdvel to for their holidays or family re￿ionS. P&ents were abl¢ to come in and cnlkance the cunicujutn e.g. by sharing phots)s they had trken as tbey travelled 8round thE world with work, or markillg events 1￿C DTrwaIi The SUD]mer terni theme was about our seven curriculum goals e.g. nurtwe love fot books. set up a meal table. Éndependently explore a wide r￿g¢ of media and Mat￿la]s, connect with Mother Nature etc. There are difftrent rnilesiones for each go81, d¢p¢Dding on the age of the Chil￿ and at our p8r£nt ￿eeti￿gS in the sumll￿r terni w¢ shared how their Ghildren were doing itj teTEns of achievirtg tbe mile)ttones. cO4￿ty Earlv Years Advis¢r visited in person the Spring and undertook a learning wall( at tbe setting. It was usefid to check we were up to datc with I￿est developnjents in earlv }ears prnctice and WE added the adviser'5 sugg¢gtions to Okf routine and proeedLres. The overa]I feedback syas very positive. We orgaLised ¢hildreD snto four different age groups aDd (xme together for focused ￿0Up titne8 a regular basis. These sessions Jnigbt be targeted at helping a child a¢hiev¢ th¢irDBXt step {e.g. physical deyeloprnent OT1¢8rning new word5) Dr allowing the cbiid's voice to kne￿11 and th¢ shatiD8 of idca5. A.C.E. NURSERY SCHOOL (CAMBRIDGE) LIM]TED PAGE 3 FINANCIAL sTATEmE￿s FOR THE YEAR EbfDED 31ST AUGUST 2025 REPORT OF TEtE DtRECTORS CONT.... Joint outings alld staff sTrYAps Our MOn￿Y library visits Continued alld we ll￿￿ged to nwet Childr￿ frollL the Nursery Scbool at the Central LlThr￿ on one occasion. We dithi't ullderEake atty mu8euD) trips but our namr¢ sEolks for the older chil(tren wer¢ a big success. There is so It￿ch learning on these wa]ks e.g. llot only about nabjre aud the ellvitot)tnellL but also den building, be￿mIng inor¢ indepeEkdenL reGogntsing IDW to rea¢t in different situations: ethancing listening skil]4 adapt￿£ to different weather, baving exercise, Greativity (we nud¢ necktaee8 Out of leaves and baTkrubbiDgs) as well as Ldelltrfy￿E trees and bir(L¥. Cookimg We cook witlL tbe children most ￿￿ckS al￿ usually dLey n)ake an item that is on our menu {e.g. fiuity llapjacK gu&CAll￿lei pear cake). Sharon, our cool put together an ACE recipe knok wbich not only iti-ludes of her recipes (like her populAr vegetable curry) but also favourite r￿1p¢S frorn hollLe. Anotherof Sharon's illitiauves dllring the year to send bolne mgredients and a recipe a child on a Friday for them to make at bome ov¢r the week¢n(L Itents like cheesy bread and oatban&na biscuits looked delicious in the p&ot05 we re￿IVed bacLI Garden We acku'¢v¢d all our aims in the g&rden l&st ye8r. instsliing a sbde, revan]ping th¢ salld pit and PLW¢]￿lllg a Small shed to allow better organisation of our outdoor resources. Th¢ slide w&$ bou8bt *ith ttLoney from lasi year's leavers. and been extremely popular. tIMDk you to ¢veryone who th)ll*￿ It'5 great for physi¢aL developmettt but &lso tumtaknllg alld confidence. tn a([dItio￿ we patttt&d the enlran¢e hall and kitch￿ and had dLe renderiog replaecd on the outside of the pl4yroo] PUBLIC BENEFrr The charity takes advantage of 8raTLts and donations to ensure that it reachfs all members of Society. Botb tsurseThe8 have a designAted inclusioJlequal oppor¢unitics co-ordillatoi {'ENCO-) eDsures that the wlture5. activities and fatnily background8 of all clu'ldren ai the nursenes alr being Teflected at tbe settings. S￿]fiC r￿urCeS bave becn purcbased in areas that were deew¢d to bE18ckillg ill this respect POLIC.Y REVIEW During the y￿r all key po]i¢ies ha￿ been rtviewed appropriate. updat¢iL of our pohcie8 catt b¢ viewed on the Sol￿OI,S website. FtNAN'CI.4L REVtEW During the year IlLe majoriry of fi￿dIllE came from fees paid for nursery place8. A sigllificani proportion of total fees call￿ frot Early Years Fur￿l￿g ("EYF"), approximately4(f/o iJthi8 fiDallcial Y￿ (2024.. 17Yo). RESERVES POLICY Purpose.. ACE needs short-ienn reser¥es to cover set backs in fvndillg or casb flow thie to chaThge8 in governuLent funding levels or lal¢ or tLOn-payment of fees. Short-tenn ieseTrN are also required to uJv¢r Unf0￿Cell buLlding exp¢NlifLire. Long-iemi reserves are required to reduce tILe in4)act of risks from tK>S5ibl¢ closure of &ther rhe DayNursery or the Nursery School for any reason (in¢ludtllg posgible sÉmctural wo￿a$ w&* requirtd in 2000 ai ACE hwsery Sclu>ol). knel of rcserves.. In considering the appropriate level of reserves, D1￿ctO￿ take ixkto account the areas of fmanciai risk as stated above. The agrccd levEI for reserves was set * 9 months of 0￿211￿8 Costs- ¢wrently approxiE]Mtely £600,0(K). Where the r&%erves are held: It 18 the policyof the DI￿¢*0￿ ¢0 ODly keqi sufficient reserves in the generAI a¢￿ulltS that are ecessary for the day-to-day runni￿ of the nursery. There is a separate Investttmt Policy wbioh is available on requesL As &t 3 1st August 2025 we had the followtng in aDd equities: Casli Vatious accoull￿ shc)wn in note 15 of the fina￿tal ststemellts 2025 £364,223 2024 £315.154 A,C.E. NURSERY SCHOOL {CAMBR￿GE) IIMtrED PAGE 4 FINANCIAL STATEMEbrtS FOR THE YEAR ENDED 31ST AUGUST 2025 REPORT OF THE DIRECTORS CONr.... RESERVES POLICY- continued uilies Market '%lue 2025 £55,586 £163,576 £58,431 £102,666 £0 £90,332 Market 2024 £44,706 £122,311 £57,420 £69,429 £81,702 £48,556 British tAnd Company PIC F & C lllvestrne￿t Tn)st PIC Henderson Far E&st Income Lid Hellderson HigkLlllGome Tntst PIC Keystone Illvesttt￿nts Trust Pl¢ Shircs lucothe Pl 16,573 shaTe8 valued at 14,065 shares vxlued 25,295 slmres Faiued at 56,410 8har¢s valu*l ai il -ha￿S valued at 32.729 sbares Yalued at Total v￿ue £470,591 £424,124 GOVE11￿ING D(KWENT The charity is CQD8Utttted as a cotupany limited by guara￿, and 15 therefix¢ governed by a rnemoralldu￿ oLd articles of &%sociation which were amellded on 30th AllglLgt 1996 aDd fi]rtI￿ arne￿d￿ on 9th Jynuary 2007. It is registered the Charity Co￿￿18810￿. ORGANtSATION LND APPoIN[h￿￿[ OF "fRUSTEES Th¢ Gh￿ltY is run as a parellts, C0.0p-.rati￿, which is a wmpany owned and bythe pamits. Whilst the car¢ and education olthe cbildrcn are the responiibility of ¢xperiellced and professionai swff, (ILe employlljelltof the staff attd the overall management tsf the school are undertakn by the P8Tents, orgLni*d by the Parents, coll]￿ll1¢e. T￿8 is elected by the Enembers at the Allnual General Nletting (AGIM) of the ¢C*mp8ny attd Mll ele￿ted parents plus the Headteaeher and another stgff umnber are the directors of the coll4)atLy. Detri￿ of the dirwtors of the COULpa]Ly (who are al80 trustees of the charity) Mtho served throughout the year are ut us. in the aullnnn. It's imporlpnt to get to know our new farnilies well including the language$ they speak athome. the special people in their ¢hildr¢n's lives, wkntthey like to play Mith ¢tc. This will also hGlp with produ¢ing 'st&ting polntd¢)w￿￿. 50 we are able to ore for and teach the children effectively. Focused group times Once the children are settled. we'll b¢ TtrtrtKlucing reEular gTOUP times with the Childre￿ W¢'ll dsvide it]to three oi four age groups and this will enab16 US to focus on activitieJ closely follow the children's interests ps well as their neKE stew. ¢I.L'.I.' NURSI.'IIY SL'II(IC)I. IC.4NIL4RII)CIl-I l.Ik11'1'1_.11 I'A(71-' 7 FINglNC IAL S'I A11-'N4L.N"I"S I--UII I FIE I'I-'AR I-.NDLD AIS"I IlL'.(iU%I' ?02£ IILI'I()K'I ()F 'I-IIL I)IIU.-C' I OKS LON'I (-tsukl￿g iiollyilies IVL will bi?Illkiiu¢ io i)fl¢r 8 ii'cekly co(JkiDB aclLIIIV. USlS£illY N'tll&l ITI il-lih nur mL'llU SC) Ili¢ cliildren i-llecliielv Ifc2k¢ i?TlC ol. Ill IiinilTr (Ji- time di¥lii.s. WL'rY iilyo £Liniiiig li) ¥arry oil willi Illi itsiliiliTre %haron Nl11fTiTrd las1 )rai' Ii1'5¢11ding hi)IllL biiili iJigi-LdiLiIL% aii(l a r¢LiiK' willi li iliild ()n a bridllv liii, ikniii (o IiiThke ai liiimi i>i'¢r Ilie %¥iYk¢nd. -Ilii* l)VL lif I￿11]L..brIjthII liai￿17 1% 11 A% prLviuii%ly ttxpllliiTred, IliL're are Iiiin?Q'l'OLL4 be￿.Illi fr(iJii oulitk￿￿ %0 wc i¥ill prii)fiiiiL III¥si. We Icnrn li loi Iroiii (iiii, iiItLI'dcliDns willi AL-L NiiThLiy Scl)ool 81i ex¢ii¢d dbuui IhL ipE111¢ ¢iKC% OlltliiiLd ab(ii'c I￿,1[1] Nurseiy &Lliool Lhildi'ln iiiiiiiii¥ lo Llti scieitre exi)erinieilts Jt IhL> I)ay Nw%ery. I￿11 as Ihe oldii- IA1% N(11s¢ry LIITldren goiiig to IIIL NiiiNciy %Lliool iii jtllll 111 41)nie ut Ilieir S'l k.Afvl acii%'iiie%l. In tddiiioii ivheE2 we thr￿￿1*. naNIL w*lks'. we'll w.￿1￿()n￿L childrL'n fn)Iii dic NiiTKM'y Si'litiol I() Clo$0 co-oplii'lltloii svitli ,ICE Trfji¢rytri'.%eliibol ITI oddilion lo Illl, S I I'-piM I2LISI'iIIL* Iiaiuri thalks dc%itib¢Li abill'u. l4t 11 be 1￿11d1nEJOiIiI %iatT IllL*li1ibf￿ will) Ilib Niir.s1Tr SLlii)ol Iliis year wtiicli will l)riiw ili¢ iivo seiiit)gs Llostr s1ill_ A% iiur kil¥hL'n 18 now ￿Or¥ Ilhqn 20 Yti4k￿ olQ ￿￿"￿ like li? tcpltlLI li. Acl(l￿ling1y. WL. 11 liivkinb l(>r qiitsies Irom ￿)n1￿C￿lIL ii,Iin thill ¢aiD oui IliL INDrk ill'er a ￿￿￿L'nd oi durillbf ¢Ni¢ {Il'iiur il(i%yr¢ ￿rI[XL*. Cjlll'deu WL'd likL lo add morl gltenery IL) oiiw ¥ard￿l w we re lhipiT￿ IlTrai i pattjil will niikc li pla￿1￿1. fni. u% ￿.111¥17 we c&ii till w'illi (k.iifoLlil lind tiilii) bullx%. WhLlI tliiy Til the wnng?. Il ￿.111 i1￿k£ .1 riili)urtiLI dddiiii>a lo ihL' gLirdtrn IIIUb-IPLS' KLSI3L)NS1131LlI-Ir.8 IN l)FhinN fcsr ttitil perind. In i)repaiiiig Iliil tlll¢iiicial %LllcttLCill%. Ihc diTIL(or% are EEqEIII-L(I Io= %L'lecl.411itlE Iilc aLLIILirilltib pJlicie.s and thco %pplv thein con%i.%lLIEIly. -%t#l¢ i%'liLilIL7r Ili¢ Iy)licii￿ adTriiied arc iii aLronL'Iiii-e i%iih Illi L iimi*niu%.4c[ ?006 and willi aiwlii'#blc ac('.ouiiliRi4.si&ndard% an<1 siaiLli￿nI iil-reLI)mtllLrKl¢d prni4￿(C. %ul)jeil lil o)Il%- tiJi*icrilll depciilitrc% (lisclii.4ed ￿lI&1 LxplairLed iii Ilie IiIillnc:II l %talLpieiii%= ETryepa￿ Ihe Iiiidiibbil %iaiem¥ni.% ui) IliL' gol￿￿1 its1￿¢m uiild*% ii i¥ IndppniwtaiL' 10 pri'AitmL tliai IhL' dl IlliTrk¢ jiidgL'IJILWl% Jiid L￿%11j11&{4l% Ilthi are re&%(yn4hle iiiid i)iu(kmi: Iil?serie IIIL llleihixl% al￿ pTriii iple% ill t]1¥ Ch￿rilli* S(TrRI l-lie diri'¢iors aiL re>piTrii%ilili for keepi[￿ proper aLLouniiIw ii.thicli dis¢lL)se ikiili rea%iinable JL&'ura¥¥ 11 l Jii!. liiJie tli¢ ALI )OOlI and ilie C'liaril Ith ilul 11)I l. I'hcy alw NiPkllL%ilik- Iiir MIILgLiirdiiig illy (?I' Ilie ii)iiiii#iiy aiiil Iwnce IIiT ti1kiiits rL£t￿lIabIl .%i¢p¥ F(Ir Ili¢ privclllion an(1 (lett¢llOII Til-1171u(I'iii(l iiihei irrcgllldf&iiL*. anil sixiied on 118 belialr. A.C.E. NURSERY SCHOOL (CAMBR]DGE) LlfvItrED F￿ANCIAL STATEh(ENTS FOR THE YEAR ENDED 31ST AUGUST 2025 El￿EPENDE￿t[ EXAMINERS REPORT INDEPENDENT EjL4mIN￿ REPORT TO IHE TRUSTEES OF kC.E. NURSERY SCHOOL (CAMBRIDGE) LIMITED I report to tbe Chuity trllstc￿ on my exaD]inattonof the accouuts of the Company for th¢ ypar ended 3lst August 2025. RESPONSIBILTtIES AND BASIS OF REPORT As the charit*s trugt£eg of the Compally {atkd also its directors for the purw)ses of company law) you aT¢ fEsponsibl¢ for tbe preparation of the accout￿ in accordance with the requirernents of tbe Companies Act 2006 ('the 2006 Act}. Ha￿￿ti£ satisficd myself that the accoullts of the CompaDy are not required to be alldited under Part 16 of tbe 2006 Act and ￿e eligible for independent eKamitLatioffj I report in respe￿ of my exatniDatsott of your cIwit￿S aKoullts as carried outunder sectioll 145 of the Charities Act 201 I (the 2011 ACV). trL canying oul llLy exami￿tion I bave followed the DirectiCTrll8 giv¢n by the C]wity Commission Ullder section 145(5)(b} of thE 2011 ACL Since the Compallys gross illcotlle exceeded £250,000 your examiw rnu8t be a member of a bod}. listed in s¢ction 145 of the 2011 Aet. I confmi that l am qualified to urydtrrake the examinatian because l am a nTh)b¢r of the tnstitute of Charter¢d AGcountants in Ellglalld and Wales, which is one of the Itsted both"e& I h&ve completed my extiminatiots E ¢OD6rn1 that no mattws bave come to tny attetttioll illCQllTLection K4ryth the examillatio giving me cause to believe.. l. ac¢owit5ng records were not kept in respect of the Company as wutr¢d by section 386 of the 2006 Act,. or 2. the a¢Gounts do not &ccord with those records. or 3. the aecouttÉS do not ￿0mplY v/ith the a-countiog requirements of section 396 of Élle 2006 Act other tILan aiiy requirement that tlLe accounts give a'true and fairvÈew ￿h1¢￿ ts r￿l 8 Djatter cousidered as part of an 1tidepej￿ellt txati]ination', or 4. the acLount$ have not beenprq)ared in a¢cord8nc¢ wilh the llLethods and principles of the StatetllEllt of Re¢on)llLended Pr￿tice for accountillg aTLd reportlng by ¢harities lapplicable to charittes prepaxing their accounts in accord￿Ce with the Financial Repotting Srandard applicable ID the atKI Rq)ublic of Irelaud IFRS 102)]. I have no cottLer￿s and have come across no other mattets io connection the examio&tioll Éo wbt¢h atteutiollshould bc draKn in this report in ord¢r to enable a proper upderstaudiug of the accounts to be reaGhe(L NIGEL A PREbrrtS FCA FOR KND ON BEHA15 OF: PRENTIS & CO LLP CHARTERED ACCOUNTANTS & INDEP&NDEtU EXAMNERS 1150 Milton Road Canthridg¢ CB4 IXE A.C E. NURSERY SCHOOL (CAMBRIDGE) LEfvErrED PAGE9 FINANCLIL STATENiENfs FOR THE YEAR ENDED 31ST AUGUST 2025 STATEMENf OF FtNANCIAL AcrtvrrIES Note UDr&stricted R&stricted Total Unr65tricted Restrtcted FuniL% 20?5 Funds Total 2024 INCOME FROM: Grants atLd donatitsns ChAritsble incom¢ InveStn￿t 1￿Come 2.852 864,648 28,478 2,852 864,648 28,602 896,L02 1,658 818,245 22,743 29 1,687 818,245 22,911 842,843 124 168 895,978 174 842,646 197 EXPENDTfuRE ON: Inve8Étnent fees Raising funds CharitablE activities 572 1,896 846,793 572 1,896 846.793 188 2,283 810,805 l88 2,283 811,859 1,054 849 46R 849,261 813,276 1,054 814,330 Net inco]ne before gains on investnrnts io 46.717 124 46,841 29.370 (857) 28.513 Net gaituloosses) on illvestment *￿tIS 12 27,458 48,270 48,270 76,783 Net movemeAt ttt funds Reconelilatloll of funds Total fi￿d8 brought Forward Total fiAndg ¢￿]ed fonvard 74.175 124 74,299 77,640 (85 596,552 13J98 609,950 518.912 14,255 533,167 670,727 13,522 684.249 596,552 13,398 609,950 None of the cowallvs activities wer¢ acquired or discontinued dwing the year and tl*re Mere no otheI recogllised gains gLd10sses for 2025 or 2024 other tliau tbikse itith"catrti in the Statemeni of Fia4ncial Activities. Th¢ notes on pages 12 to 19 forni patt of these fill￿tal stalements. A.I'.I'. Nl IliSI-.IiY SC'I I()111 1('.4MIIIIII)tiI.I I.IMI I'I-I) I-'INANI'IAI. S-I A'I'I.MI.'N I-S 1.l)II'I-I11-. YI-.AR I-.NI)I.-I) 1151 4Ul ILI%1-21)JS 11A1.AN(:I. SIII-,FI IXI.-D A%SFI'. 470.-591 111.3n9 TI_I I AL I."IXF.D A%SI.-1-5 4¥0 11011 4?9,85{1 ('IIIIRI"'N'f A8SF. 1"% nelilf)r% ("#4h ai li￿llk aiid in haiid 14 Ih4.?23 I'I) I"AI. C'.URIII.'N.'I' A%.$1-. I I.IABII.I'I'IES.. C.i'L¥d￿l0r￿-. di)IUllnl¥ lalli)￿ due withiii onL yoEr Ih 149.895 NI:'F CURIIF.Nl As%r.-1s 111.3.14y 'I'i) I At NFL. ASSI." L '1'141--1--LINI)5 Iir T-111.' ('I.IARII-I': iEI fD)Jii the fwuirciiieL)I Iti havi an ￿di1 UllLler Ibi Ill'OViSIIIII% ()f qeiiion 47711 l oftli¢ Q'oiiiparrie%.4¢1 IOIW>. LMiYnber% hai¢ ni)I IL'4I)IIL'd tk i(Iin1)iui￿ ￿t￿￿T Se('ij). I Iii dflLLiof% aLk￿lIv1t￿gI. tlieir rcspiiiibshilill1S Inr ¢115uriiiy II)ii)Ptll)5 ¥1 J Isi ..lugu%l llic Imianbial Slaieiiiunt8. irfiicli ￿llE IK'¢II Pti'parn.d iii &u)fttiWli.'L' will¥ IhL' %VeC1111)roi'isii)ILS relaiiiik li? Uic coiiipaiiii'% subjLCI 10 Ihe iortllkllll¢i rL¥iiti< Iliirliiji Van l i olili¥ C ciiiii)aJllk*.4il lffth. werc appri)¥¢d l)w IliL' IILl411d {Trii anLI iigll¢d 051 ILS bL.half. A %I'IIMIDI' C.E. NURSERY SCHOOL (CAMBRIDGE) LIMrrED PAGEII FINANCIAL STATEMENfs FOR THE YEAR ENDRD 31ST AUGUST 2025 STATEMEwf OF CASH FLOWS Total Funds 2025 Total Funds 2024 Note Casll Flows from Operating Acti￿tieS. Net cash provided byl{USEd in) operating a¢tiTrrytt85 23 45,950 63,062 Cash Flojvs from Investing ACti￿tieS Dividends alld Interest frorn tThvegtttsenis Investtllentldealing costs Purchase of Fixed A&sets Purch&8e of Inv￿t￿ellts Disposa15 of Envestsllents Net Cash Proylded by Acdvlties 28,602 22,911 (5721 (188) {5,902) (2,220) (105,907) (16,8631 86,898 3,119 3,640 Challge ill CA8h aThd G&sh equival¢llts iu tbe Teporting period 49,069 66,702 Cash and cash equivalents at the beginaing of the reportitig period Cash and casb equivaieots at the end of the reporting period 315,154 248,452 364,223 315,154 A.C.E. NURSERY SCHOOL ICAMBRtDGEI L[￿￿[rED PAGE 12 FINANCIAL STATEhlENfs FOR THE YEAR ENDED 31ST AUGUST 2025 NOTES TO THE Fll4ANCIAL sTATEmE￿rs ACCOUNTING POLlaES 1.] BASIS PREPARATiof4 OF FINANCIAL STATEMEIITS The financial 8tatcEuents I￿ve beenprepared in accorda7￿ with Accouoting aDd Reportiug by Charities: Statement of Recom￿ended Practice appliGable its ¢lwities prepari￿0 their accoull& iti accordancc witb the Fillancial ReportillE Standard applicable in th¢ UK atkd Republic of Irelond (FRS 1021 (Effective 1st January 2019}- (Charities SORP (FRS I02JI, the Finall¢ial Reporting Standard applicable in the UK and Republi¢ of trelalld (FRS 102) and the CoJroani¢s AGI 2006, The charity consti￿te3 a publicbenefit entity &8 defined by FRS 102. The trustees ¢onsider thAt tbere are no material uncerwes about the chority$ ability to colltillue as a going concem. 1.2 FUND ACCOUf4TtNG Unrestsicted fi￿d5 co]nprise those fund5 Twbich Tru5rees atr free for ro use for &tty purpose furtherance of the clwitable objects of tbe clwity aod which have noi been designated ftsr other purposes. Restricted fi]llds Are fimds W￿¢b are to be ill accordance with specific restrictioos imposed by donors wlLi¢h hav¢ beeo raised by the charity for partiC￿ar pu￿oSS8. The cost of rdiSiD8 alld adll)iDiSterin8 such ￿ttd5 are charged &gaitist the spe¢ifi¢ fi￿d. The aim and use of fach restrioted fimd is set out ill the notes to the finarLcial statements. I.3 INCOME RECOGNrrIoN ALL tncome is reco8llis¢d on¢¢ the cbarity has entide￿t ro the tOcOll￿, tkn is sufficient certaitity of receipt aJd 80 it is probable that the incorne will be received and the of in¢o]ne receivable c&ll be measured reliably. Donated &4sets. services or faci]itLes. Are ittcluded Èn income at valuatiou whicb is 8n ¢Stt[[￿te of the fuwi¢i&l cost borne by the donor such a cost is quaniifiable alld llLe&surdble. The value of services provided by tbe voluiiteers not btenitLcluded within finaneial statements. tncome received in advance is C￿rIed fonvard to tbe next financial year &8 deferred income on1he B&lance She¢t. tlltErest on funds held on deposit is included v4hen recogtiisable and the a￿￿ll￿t w be oieasured rejiably by the ciwity, this is 1￿M￿llyUp0ll nottfi¢ation of the ffintettst p￿d or payable bythe banL 1.4 EXPENDITURE RECoGN￿I0￿ Liabilities are recognised eKpenditure as soon as there is & legal or constwctive ob5igation committiDg the chatiey to that expellditur¢. it is probable t1￿ settlement will be reqwred and the amountof obligation ¢ao be itleasured rehably. All expenditure 18 accouoted for on att acc￿￿]3 basis. All expenges, ittcluding SUPPOLt costs and governwKe costs, are alloGated or appointed to the applicable expenditllre headthgs in the Statero¢Dt of FitJam¢ial Activitie9. Cost of rni8illg fiu)cL% are those illCUnEd in seeking voluntary wntribthions and do llot include the costs of di￿e￿inatIng infom]ation in S￿1pOrt of the ¢haritabie activities. Support ¢08L8 are th(Ise Costs ￿t￿u[[Cd drectiy in sUp￿rt of ext*nditore on the objects of the charity and iuclude project nianaEementalld general runllmg costs. Governan¢e c08(y are tILOS¢ Collttttion witb the adrninistrationolthe coit]pany and compliance witlL CO￿StitutiOnal and statutory requiretnettts. I.S FINANCE AND OPERATING LEASFS Rentals applicable to o)perating leases are ¢]￿r0ed to the Sthtell￿t of Fitiancial Activities over the period they are incurred. Assets obtained under ftr￿n¢e leases are Lapitalased as ts￿gibLe tixed a&sets. Obligatioits ullder such leases are llLluded in UTditors ttet ocrin￿￿tt ¢harg&s allocated to fittrore perio£L8. The f]nan¢e element of each pa￿]eAt is d￿rged to th¢ Stat-ment of Financial A¢tivitics so as to Ptoduce a cot]sknt periodic late on the llet obligation outstanding i each period. A.C.E. NURSERY SCHOOL {CAMBRIDGE) LINltrED PAGE 13 FINANC'IAL sTATE￿￿NTs FOR THE YEAR ENDED 31ST AUGUS'f 20 NOTES TO THE FINANCIAL STATEMEKtS 1.6 1NVESTMENrs Investments are stated atn)aLket vatue. The matht Vah￿ of quoted securitie8 is based on the tt)tddLe nEarkEt quotatio on the relevant stockexchange. The StAteJnent of FiDallcsal Activities Includ￿ the net gains and Io&8E8 arisiug on revaluations and disposals tbroughout the ￿r. 1.7 TAISGIBLE FIXED .4SSETS AND DEPRECIATION Tallgible fixed assets are ststed at cosi less depreciation. Depre¢iation is prnrrided on all thngible fix¢d a&s¢ts atrate5 t￿Culat￿l to write-off the costs less estitllAted ￿Sidual value of each assEt even]y over tti¢ir Lxpected usefid lives as follows: Furnitsre and cquipmeftt IOfj/o straighi line ImprovemenLg to leasehold . over the rcnjaining term of the lease 1.8 DEHTORS Trade and other debtors are recognised at tlle settlement att]ount due. Prepayments AR valued at the anwunt prepaid. 1.9 CREDITORS PROVtSlONS Creditors are recogtiised vther¢ the cbarity h&8 a presettt ob]igatioll rebw￿l￿g frotu a past evcllt that will probably result in the transfer of fund5 to a third party al￿ the amoufttdLie to s¢ttle the obligauon can be JJTrsured or estimattil reliably. Creditors a￿1 provisioDS are nOM￿llY rec￿g￿lS￿ at their settlement alliounf. 1.10 PELYSKON COSTS The chariry operates a defll￿d Contribution peDSiOll scheme. Ttse wets of the scheme are held s¢parately frorn those of tbe clLarity in independently admi￿tered fpJJds. CoDtributions ate Charged to the Statell￿t of Financial Activiti as they fall du LCGAL STATUS OF THE CllARITY The charity is a company limited by guaratttee. The members of the company are the Tru8treg named on page 5. tll the evettt of ihe cornpany being wound up, die liability ill respect of the gu8rntee is limited to £1 per member of the charity. GRANTS AND DONATIONS Unrestrictyl R¢stri¢ted Fund8 Fut Total 2025 CURRENT YEAR Dollation5 2,852 2,852 UDr&%trieted Re8tTiCted Funds Total 2024 PRtUR YEAR GratLts . CCC . SpEech and Language Dol￿tiOnS 350 1,308 350 1,337 29 1,658 29 L,687 INCOME FROM CKARrrABLE ACTII'ITIES Unrc5tricted Restricted Funds Fuuds Total UnTeStrictcd Restricred 2025 Funds Fimds Totsl 2024 Nursery School fees D¥Ly Mursery Scknl fees Fui)draisillg £38,216 j?4,572 1.860 538,216 324,572 1,860 864.648 502,322 314,335 1,5S8 502,322 314,335 1,588 864,648 818,245 818,245 A.C.E,. NURSERY SCHOOL {CAMBRIDGE} LIMtrED PAGE 14 FINANCIAL sTATEME￿s FOR THE YEAR FNDED 31ST AUGUST 2025 NOTES TO THE F￿AliCIAL STATEMEKrs ll%VESTMENT INCOL¥ Unrestrict￿1 Rtstricted Funds Funds Total Unrestricted RestricÉEd 2025 Fund8 Fwids TotaI 2024 Bank interest received Dividends received 7235 124 7.359 21.243 5,666 17,077 168 5,834 17,077 124 28.602 22,743 168 22,911 EXPENDrruRE RAISINGFUNDS Unrestricted Re5tri¢t Funds Funds Total Unrestricted Restricted 2025 Futtds Total 2024 Fundraising expettses 1,896 1,896 2283 2,283 ANALYSIS OF CHARrrABLE ACTIVITIES Direct Sw)port Costs (Note 8) (Note 9) Direct Support Costs C05ts (Note 81 (Note 91 Total 2025 Total 2024 Cl]aritable activtties 714,401 132332 846,793 669,639 142,220 811,859 DtRECT COSTS UDrestri¢t¢d R£8tricted Funds Totsl Unrestricted Restricted 2025 Funds Fullds Totsl 2024 Salaries, natio￿81 insurance and peThsion (Note 111 Toys and Sn￿￿$ Trips &nd aotiviiies 696,781 15.925 1,755 714,461 696.781 15,925 1.755 652554 14.756 2.329 669,639 652,554 14.756 2,329 714,46l 669,639 SUPPORT COSTS U)restricted Restricted Fuat Funds Totsl Unrestrieted Restricted 2025 Funds Futtds Total 2024 Renl rat￿ and iDsurallGe LigkL heat alld ￿lephOne Repairs and ret)ewBIs Household alld cleaning Administratio￿ stsff training and welfare Barnk ¢harg&8 Sundry expeos&5 Legal fees Depreciation Governance costs tndependnt eXaTlliEL￿5 fee 68.626 9,08? 17.354 10,037 20,068 229 1,892 345 1319 68,626 9,082 65,476 10,419 21.919 9,261 20,603 185 2,351 5,750 2.002 65,476 10,419 21,919 9,261 20,603 185 2,351 5,750 3,056 10,037 20.068 229 5,892 345 1,319 1,054 3380 3.380 3,200 3,200 132,332 132,332 141.166 1,054 142,220 io. NET INCOME FOR TUE YEAR 2025 2024 This is Stat¢d ther ¢harging: Indepettdent Exajninatioll fee Depreciation of fJKed assets owned by tbe coinpany Operating Iwe rentals 3,380 1,319 56,552 3,200 3.056 54,886 A.C.E. NURSERY SCHOOL (CAMBRI￿E} LEMrrED PAGE 15 FINANc￿L STATENIENTS FOR THE YEAR ENDED 31ST AUGUST 2025 NOTES TO THE FINANCIAL STATEMENTS ii. STAFF COSTS AND Dul￿T0￿5 REMUNERATION Th¢ totsi staff costs for th¢ year were.. 2025 2024 Wages and salaTi¢S Bmployers Nationa] Insurallce Employers w3ion contributions 607.317 54,593 34,871 696,781 572,449 45,433 34,672 652,554 The avernge )nonthly llumber of eroploye£s. includiDg direc￿, during the yeJJ was &$ follow3: 2025 2024 DiT¢Gt charitable work Administrative 21 22 23 The charitable CODsidffls its kgy ttwiagelntnt petsonnei to bethe Headteacber of the Nursery School and the Day Nursery Manager. The lotsl eTnployer benefits. including employerpEllSiQll contributions of the key ]naDag¢meut per50nneL were £137,710 {2024= £149.537). One e]npl¢)y¢c had emplo￿¢ b¢ll¢fits betweeD £80.000 and £89.999 (2024.. oThe etllploy¢e had benefits b¢tweell £90.(MJO and £99,999) 12. INVESTMETrrrs 2025 2024 Market value at 1st September 2024 AddiÉions Disposals R¢ali5¢d gains Ullrealised gaiDS Market v&luE at 3 1st August 2025 HistOTical cost at 31st AugLLSt 2025 424,124 105,907 (86.898) 2,1(M) 25.358 470,591 358,991 16,B63 48,270 424,124 465,300 454,845 All are held in listed eqllity investments. Inve51m¢nts are revalued in lill¢ with the stockmtheL All inv¢stsnents are held wsthin UDTestri¢ted fimds. Investments held witbtn th¥ portfolio that excecd 5Yo of the kntsl valuation are.. 2025 11.81Yo 34.76Vo 12.4217/0 21.81/ 0.0￿/￿ 19.20% 2024 10.54% 28.84% 13.54% 16.37% 19.26Yo 11.45% British Land CowaTry PIC F & C ILve8ttnellt Trust PIC Hende￿on East Encome Ltd Hender50n High Income Tn]st PIC KoysÈone InvestTneDt TTU5t PIC Shirea Inco]ne PIC 100.ooy 100.(M A.C.E. NURSERY SCHOOL (CAMBRIDGE) LIMITED PAGE 16 FtNANCL4L STATEMENTS FOR THE YEARENDED 31ST AUGUST 2025 NOTES TO THE FINANCIAL STATEMENrs 13. TATr*GIBLE FILED ASSETS CURRENT YEAR Leasehold Furniture & ImproVe￿ellts Equiprn¢DI Total COST Balynct at 1st Septembcr 2024 Additions DAsposa]s Balance at 3 1st Auwtst 2025 DEPRECIATION Balance at 1st Sept¢rnb¢t 2024 Charge for the year Disposals BaL8Dce at 315t Augu* 2025 NFf B(K)K VALL'E AT 3 1st Augu￿ 2025 103,726 23.962 5.902 127,688 5,902 (99,372) 34.218 (99,372) 4,354 29,864 103.726 18,236 1,319 121.962 1,319 (99,372) 23,909 10.3Q9 (99,372) 4,354 19,555 10,309 TANGIBLE FIXED ASSETS PRIOR YEAR Leasehold Furniture & ImproveyDents F4uip]nent Total COST Balan¢¢ at I￿ September 2023 Addition5 103.726 21,742 2.220 125,468 2,220 127,688 Balance at 31$t August 2024 DEPRECL4TLON Balance at 1st S¢pt¢mber 21r23 ChaTge for the ye Balance at 31st August 2024 NET BOOK VALUB AT 315t August 2024 103,726 23,962 101,777 ,949 103,726 17,L29 1,107 118.906 3,056 121,962 5,726 18.236 5,726 14. DEBTORS 2025 Due within 2024 Due aft¢r Due withi one year one year Due after olle year one Tr&de debton Payments ID advance Other debtor5 345 5,973 4,606 1.630 5,115 3,921 4,175 4,175 10.924 4,175 10,666 4.175 15. CASH AT BANK AND IN HAND 2025 2024 Fe¢ account Current accounts (illcludillg day nw3ery deposits TefeTred to iD ttote 16) Bursary ac¢ount United Tn￿t Bank Cambridge & Coulltics Bank Lloyds B&Dk Dq￿sIt account P¢ty cash IG Investroents. Inrollte account 126,551 70,686 13,522 80,000 30,729 40,945 198 1.592 87,572 132,428 13,398 80.000 181 1.575 364,223 315,154 A.C.E. NURSERY SCHOOL (CAMBRIDGE) LtMrrED PAGE 17 FINANCIAL STATENtENTS FOR THE YEAR ENDED 3 1ST AUGUST 2W25 NOTES TO THE F[NANc￿ STATEMENTS 16. CREDrroRS 2025 2024 Due ￿1th7n Due within one year one year Aceruals and deferred 175,973 149.895 Ac¢rua18 and deferred illeludes day nursery deposits of £27.881 {2024.. £28,125) for the fortb¢orning year included withiu c&8h at bank. 17. TRUSTEE EXPENSES During the year eighttrustees were paid a totsl of £6,321 for ￿l[￿bu[sed expenses (2024.. £5.964- eight ttwtees). The of expenses r¢ttnbLL%ed included cl&ssr¢xym materials. SDacks for tbe d)ildra4 thtionery, DBS checks aDd stsff 18. COMMITLIIEYrs Th¢ COTnpally has paid £34.871 (2024: £34.672) io respect of defined ¢ontnl)ution pensions. Atth¢ year end £7.016 (2024.. £6,134) duè to Scottish Widows for Employee5 and Fmployer contrlutiODS, 19. OPERATII¥G ￿AsEs As &t 31yt August 2025 th¢ h#d tot8] committn¢nts under non LZDcellable 0￿￿till￿ le&8es on land and buildings &8 follow5: 2025 2024 Within one year Btheen one to five yrars ID more tlwi five years 56,293 225.172 460,225 56.293 225,172 516.518 741,690 797,983 20. ANALYSIS OF.YET ASSETS BETWEEN FUNDS Restricted Utire5tricted Bursary Fund Fund Totsi Investsnents Tangible fixed assets N£t current assets 470,591 10.309 189.827 470.591 10,309 203,349 13,522 670,727 13,522 684,249 Restricted Bursary Fund Unrt8tricted Fund PIUOR YEAR Totsl Investsnents Tw]gible fjxed assets Net CUTr¢nt a5s¢ts 424,124 5,726 166,702 424,124 5,726 180,100 13,398 13,398 596,552 609,950 A.C.E. NURSERY SCHOOL (CAMBRIDGE) LLMITED FAGE 18 FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31ST AUGUST 2025 NOTES TO THE FINANCIAL STATEMENrs 21. STATEMENT OF FLY4DS CURRENT YEAR At 1st Septetkth¢r 2024 At Gains on 31st August Income Expenditure Enve8trnents 2025 Restricted futt&.. Bursary Fund DayNursery Fund Totsi restrieted funds Unrestricted fimds: Gen6ral fvnds De5ign3ted. L¢&vern' fuud Tot81 utrestricted funds 13J98 124 13,522 13.398 124 13,522 595.244 1,308 893,578 (847,953) 2,400 {1,308) 895,978 1849,2011 896.102 (849261) 27,458 668,327 2,400 596,552 27,458 670,727 TotaL fimd8 609950 27,458 684,249 At 1st Sq)teEnb 2023 At Gains on 3 1st August Income EXp￿dIblre Investments 2024 PRIOR YEAR Re8tricEd fiuth.. Bursary Fvnd Day Nursery Fund Total restricted finds Unr¢striGted fijnds: Gener81 futuls Designated- LeaveTr' bjnd Totsl unrestricted fullds 13,201 1,054 197 13,398 (1,054) (1.0541 14.255 197 13,398 517.882 1,030 841,338 (812,246) I,308 (l.Q30) 842,646 (813,276) 842,843 (814,330) 48270 595244 1,308 518.9l2 48,270 596,552 Total thncLs 533.&67 48,270 609,950 Bursary Fund- This is an accouTLt Eor do]￿tiO1)S and grants for speeifi¢ use of supporting some ACE f￿nI11t9 with chiidcare cost through perii>ds of f￿￿￿la1 hardship andlor diffl￿￿t tin]es for a li￿lted perio(L as ￿￿1[ as a potential source of additional ￿ndIng for those strnggling F￿￿ncl&lly io pay for Childc￿E ￿st9 in the longer te￿. Day NurseTr FLllLd- Thesc were Èrants Nel￿ed in 2004 for the dev¢lopEnertt of the Day Nursery alkd represented iu fixed &%%ets, have noTr been fidly dq)rectate Leavers, Fund. DonatioL8 t￿e1Ved friml parents of ehildten who left in the Sullll￿ ts) be spent on resources in the forthcoining year. 22. RELATED PARTIES The chan.ty is run as a parents, CO-operdts"ve. as such most of the di[￿10￿ pay school fees to ACE Nursery School (Callthridge) Lill)iÉc(L These ate paid at the saTtLe rate as all other parents. Dw'iug Lbe year £13812024.. £736) was paid io S Tuohy ond £3,938 (2024.. £4.676) was paid to M Baca for J)ain{ena￿¢e services at the school. S Tuohv ss the husblnd of L Tuoby, Headtea¢he.- and director of the Clwi'tsble ¢ompauy. M Baca is the husband of H Ocbalik-Baoa, the Dayt*"ursery Majjager. A.C.E. NURSERY SCHOOL (CAMBRIDGE) LIMITED PAGE 19 FfNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 NOTES TO THE FINANCIAL STATEMENTS 23. RECOE*CILIATION OF LYCOMING RESOURCES TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net in¢ome for the reporting periixi AdJ￿%￿d for.. Depreciation Charges Dividends and Interest IE]ve5tsnenVdealillg costs luvestment gain in the year {Incre￿eydecrease in debtors IDcreasal{decr¢4sE) in creditors 74,299 76,783 1,319 3,056 (28,602) 122,911) 572 188 (27,458) (48,270) (258) (7,142) 26,078 61,358 45.950 63,062