JOINT COLLEGES NURSEJiY (CAMBRJDGE) LIMIIED
FINANCIAL STATEMEKt3 FOR THE YEAR ENDED 3 1ST AUGUST 2024
CONfEKfs AND COMPANY INFO￿TIoN
PAOE..
Rew¢ of th¢ Directors
Inde￿ndent Examin&s Report
stsiemeM of Fina￿111 Artivitiex
Bhlan¢¢ Sheet
Statomem of Cath Flows
Not¢J to the Fitt￿¢111 Stst¢tn¢nts
10- ij
The followinB pJ8e dou fonn pth of the Stttutory F1th￿ClAI Stswmeth..
De￿1￿￿ Incorne aDd Exprndlturv
16
MANAGEMENT COMMifIEE..
J I￿er
L Toffola
Y WAn8
B Webb
HEAD OF NUKSERY:
C Dearn (kn 31st March 2025)
S Behkn (from 17th March 2025)
REGISTERED OFFICE..
6B Clwiw Roxl
Cambrid8¢
CB2 7F
RECISTRATION MJMHIR:
014W29 (c￿r￿nY limit￿ by guaran￿¢)
KECISTEKED CHARJTY NUMHER:
286096
INDEPENDENf EXAMINER:
lan Shipky FCCA
For and on beh￿r0E
Pr¢ntis & Co LLP
Chth¢rrd A¢¢ounlaDtg
& Ind¢pmd¢th ExJmiD
I IJ¢ NIihon Road
CB4 IXE
BANKERS:
B*Cla￿ Bank Pk
POBOX 105
CamFKidge
CB23UE

JOIKT COLLEGES NURSERY [CAMBR￿￿E) LIMITED
PAGE I
FINANCIAL SYATEMEwfs FORIIIE YEAR ENDED 31ST AUGUST 2024
REPORT OF THE DIRECTORS
The [rUst￿ of the chaT]"tv (WI￿ are a150 directors of the chty for the purtx*se5 of the CompADie5 Art) PTe5fflt thEir annual
re{￿ logether with tbe fiDane]at state]ne1￿ of Joint Colleges Nursery {C4mbridge) L&mited for the >Ydt e￿ded 3 1st Au8USt
2024, whicFL are a]50 prerArd to meet the reqUirem￿ts for a dirtx￿ report account5 for CompaDie5 Ath pur[￿.
Tkn¢ stat•neDts ¢omply with th¢ Cbarities Art 2011, th¢ Cixwiu kn 2W. th¢ Memorandum Artt¢l
of A580cIati￿ and Ac£owiting and Rep)rtin8 by Charities.. Statern￿t of Recommended Prauic¢ applicable to charilie
prePwu￿ th¢ir oc4)whts in acwdallc¢ with the TrinAnCi￿ Rooning Swthrd applicable in th¢ UK Kepubli¢ of
Ireland (FRS 1021 (eff￿r1Y¢ 151 J8nuar)' 20191.
STKUCTUKE, GOVERNANCE AND MANAGEMENr
CONSTITLrrioN
Tho ¢¢mpany is a eltarithble c4)mpany limi￿d by 8uar8tttre w&$ estsblished on I lth March 1980. Tr ￿MpanY is
¢¢)naliiuied under a memo1￿dum Arti¢le8 of The coinpanj is a resi￿¢re￿ chariry number 286096.
Th¢ prlncipal obj¢etJ Of the torr4xny are to establish *¥1 ¢wry OD A fiUTsery thol and ¢hildc8re centre forthe
inhabiwits ofCambrid8¢. wher¢ children moy b¢ cared fw Jnd
b. MF.THOD OF APPOtiirMEKf OR ELECTION OF MANAGEMENf COMMirrEE
The M￿A8¢MrllÈ of the company is th¢ resp￿sibIlitY ofthe Management Conunittee which is elerted gnd cfrorAed
rjder the tem of th¢ Arti¢l¢s (Trf Assor1￿￿￿. McmFxrs orth¢ ManwmeThi Commitiee d1￿clor5 and tnM¢¢s
of the charrtabltr compllny. Members who were in offlGc durin6 th¢ period from I￿ Scwember 2023 ¢0 th¢ di1¢ of this
r¢wrt ar2 as follows.. -
Mr Rog¢r Thrynton IreBI8Kd 12th Aus￿1 2024)
Mrs Nuu)Yhi NarEonDe (res18n¢d 9th Au8Wt 2024)
my￿ IATrwua'foffolon
Mr5 Anne•lJhure Ni¢ole L￿v￿r (reslaned 15th May 2024)
Kiihorlne Inn8
Mr Frcderico Rlbetro (appjinttd 17th July 2024 and reai8n¢d
3(Mh 2024)
Miss Beth•ny H•nD8h Grace Webb {appoin*d
22nd Ocwber 2024)
Ms Yun Wang (•pp)inityJ 19th NoYeuib¢r 20241
Mrs Julia LA)mer (4yiinkd 3rd March 20251
, POI.ICIP.S AixyFfFD FOR 114F. INDUCTION AND IXAININCJ OF MANAGf.Miwf COMMirrEE
Parents arv ¢ncourdged oft¢r th¢m*lves as members ofthe MaNgernent Cornmiltee drnwing on their experie￿¥
in professional lif¢ p￿DI¥. Following a PTobation￿ p¢riod during %thich a Ethdidate ob4crvcib M￿lageMent
Commit￿¢ m¢¢iinp, he or slic may th¢n b¢ onto th¢ Manag¢menL Commi1￿ and aP[￿lnIed as & dircclor.
Boch new mernbErr¢¢eiv¢s a w¢l¢orne pa¢k with infom)8¢1￿ on the •nd their duiie$ Is a memF¢r ofthe
MllnaB¢men¢ Cornmi¢re¢. In a¢¢ordanc¢ with s1th1t￿ Ytquir¢met)t5, the appropriatr Lkncks are ¢4fTi¢d oul in re8PKt
of each member. CO￿pted mcmbors of the Managcmtnt Committ¢e off¢r ihemselves for rtr¢l¢dion at the next
an]Jua] 8¢ll¢ral meeti
d. ORGANISATtONAL sfKUCTURE AND DECISION MAKfp4G
The dIT￿lOTS meet onc¢ a rnijnth with the Flead and Depthy of the Nursery ￿ review wud Tnakc mana8ernent dcci510JJ8
with tegard LO 5raffin& hcilKLies and fuwice. 111¢ di￿c￿l011s of these me¢tings are confhdentiFJ. 11)c annuah geJ¢r41
m¢¢ting ts attended by Staff, pBrethtJ aDd nwDb¢rs of th¢ M8nag¢j￿Th1 Cojnmitwy io 8pprov¢ cbangrys to th¢
Mwg¢in¢ni Coinnuttc¢, the &¢¢owils ?pwJininYth of w) illd¢pet￿ ¢xamia¢r. Ikning this rn¢¢iing, the￿ is a
review of opernuijns of the Dunery over the past yw as well as * Celei￿•0￿ ofxhiev¢m¢nts 4Dd addiiiL)nal
accreditation. Th¢1&gt me¢11￿ was held online on Tueathy 14th May 2024.
¢. RELATfD PARTY RELAIIONSHIPS
The Nursery hi￿ sn a￿angemen[ with the C&￿t￿ldBe UniveTSffy P¢es5 and a5￿$ment (CUP) lo re5ervc five ¢liildcare
placcs for the childr¢n olslaff. ITh rec0￿]1￿"0ll ola £25,000 b)an the CUP io the ¢ompooy.
C8mbridgeUlliversty 1$ the owner of the lease JCN PTemises,
f. RISK MANAGLME.Kr
The mcmbtrs of the Managern￿l cornmitt￿ Coolin￿ to e%amin¢ the major 5trH*gir, bus￿￿￿ gnd OPErational ri5k5
which the charity f￿¢S conltnn th* systmi are in platt io miew the5¢ risks 50 that the nKe55ary steps ca
bc takcn to mitigsie exposure to ￿ major risks atKI ell5ure medium ?￿d viability of the nursery.

JotNf COLLEGES NLRSERY (CAmBRll￿E) LIMtIED
PAGE 2
FINANCJAL sfATEYEKIS FOR THE Y&IR ENDED 3 1ST AUGUST 2024
REPORT OF THE DtREcfoRS....
OBJECTIVES AND ACTIVITtES
P()LICIES AND OBJECTIVES
Th¢ principal artivity of th¢ rnp8ny cont1nu￿ ro b¢ that ofa SCI￿1 Ind du'ldcare ceth.
The Nur5etyy ¢thoi Is ￿ ¢t¢ath a Safe. w7rm Ind sbnw]ating ¢Dvironm¢nt in oll thildr¢n C8D thrive, b¢ happy
aDd b¢ allowed to explore bt Snqu151tive whilst swrtiD8their l¢arning {kv¢l4m￿￿l And othancing their
Ilfe skills.
The Nursery has grt polKies pr(teths hnd ll 0￿rIcUluM ￿￿tIty¢hild¢arC and education.
The NuThery fdpli¢y of inclwion for dis&bl¢d thildrn •nd Ihxs wt exclude childreu for religious re480n&
The Nursery seeks to r¢tsin swff by fostrriD8 Positive w￿kpI￿< Wrllbeingaod swsWtiThg ow stsff through
good ￿1￿Ing opporti￿￿ti￿ tt> womotc per￿￿ •Thl Jxofess*xwl d¢velopnthL
b. STRATEGIES FOR ACHIEVTNCJ OBJEcfivF.S
The NurJ¢ry is ￿￿11¢¢T¢d wtth oF$￿..D whi¢h M￿lIOrS the NAtt'on&l Swidards of childeare provijion and edue41ioL.
All nur8¢ries must comply with nurs¢ry standards ￿ by OFSTED And dejnonstratr their provision durittg
unannounced OFSTED inspertions.
OFSTED InS￿le￿ JCN its MAY 2023 th4 ryettably. JCN wu aw4Tded the of 'I[￿ul1¢.. AJ a resuk the
Committee Head ofNurscry bu511 a compr¢lxnsiv¢ aaion plan eacli poini in the reporL Following *'ork
by all members ot'the slaty, OFsfED ￿lUrned and recoyisoj the hud work and uwllrded the nurscry thc "Good" ￿1Th8
in a rtriDspecuon in Novemlxr 2023. Following this insp¢¢¢ion. w¢ would not expccl gnothcr Inyction for another
five years. Howevu, following ihe rerirement and apN)inthKnt of ll new Head of Nunery, thL5 IllEy tr188cr unother
5p¢ciiOth in the ncxi twelve Mon￿￿. The Staff conliDue5 to fwij on (otnpli4ntt and proortiv¢ly lookj.ng for
op￿rtunitieS to bnprove (he seitin8.
. ACTIVITIES FOR ACHIEVING OBJEcfEVES
The Nursery reco8ni5es th￿t every child deserves the possiljk 511rt in life and support that ¢nabl¢s them 10 Mifil
their poientllLI. Children develop quickly in th¢ urly year5 awl a ¢hil(fs ex&Yri¢nc¢ beiw¢e* bitth a8¢ oc 5 hAve
a major inpact on their futtlre life ¢hnn¢es.
W¢ belie￿ ¢hal good pty¢nt wmvthip is ¢nKial for the he•lthy dtvelopmcm o(th chlld. Parents who Ire Invo)￿J
ID th¢ir ¢hild's ¢ar¢ #nd learning will feel Confident w hAve a tru￿]ng re￿lOns￿lP with the Nursery in
Iwn helps our children feel safe and be in i good d1sF￿$&I1￿ le*n.
Activili¢s and resourc¢s are platttted illfrntiwuuy lo p￿￿￿te deveknpmeni c(wuni¢ation. languJg¢ •nd phys1￿1
develop￿￿. accordin8 to tbc children's ifttrr¢￿ 05 thildr¢n karn t*tt¢r ￿ti¥l￿¢S to thcm.
To Comply wilh Nation41 Child¢w¢ P￿)￿]0￿ Sia[th￿ all must underso FJthanced Diaclryr and
Barring S¢rvicc ¢he¢ks and provide suitable relcTrtxu.
The NurJ¥ry mhintAins the Jthff to child rntro in witb requircmeDts.
To maintaIn qua]ily thildcaTE arKI ethi¢*10￿ the Nwscry trains a￿1 UPJ￿ xaff wLarty. JCN v￿￿e# its staff and
caTes for their wellbei
Th¢ NurKry pthc¢s a Signif￿¥1 emph&siq on sthff training and &velopmen4 particularly in tkn¢ llrea of &if¢gU￿dIngj and
Child prot￿li0n All s¢atYreceive ¢(xnprehonsive trninink th)u( the saf¢guarding ￿l1¢Y and the pr￿Ed￿eY to follow in
the eveiii of a ￿ncern atrrt)ul a ctlild or a colle4ue. Morty)v¢r, all r¢ceiY¢ inthction trdiDing so thai thcy #re clear
atrthi their rok and respoJ)sibilifieS.
ln addilion. the Nursery provides Ongoing eff￿1¥¢ supp)ffj ￿*thin8 traiDill8 50 thgt 911 stsff woj&illg wilh ¢hildrcn
hav¢ th¢ knowl¢dg¢ and skills to fulfil ihEir rnles suCcessfi￿y. attd prornol¢ th¢ int¢r#s¢ of rhildtEn. ThE Nur5cry a150
¥n¢oura&es staff to Dot only maintain their Curre￿ wole55ilMLai thvelopmenL bu¢ to PUT5U¢ tLighEr qualificatio￿. In the
year in r¢ii¢w, we Continu￿ to 5UPPOrt our staff to take on and su¢¢¢&sfullv achL'¢Ye their b]'.gher level NVQ qu&lifJcatiO￿.
In order to Continue growing 8 pipeRiTre of qu81ifJod praCtt(ion¢￿ we twve also taken on aD Apprcntice this ye4gr. with plaDS
to rdkt on aLother Apprelliice. SUPFthiDg them wilh traming i*tii15t worknng ￿ p&rt of the JCN ieanL

Jowr COLLEGES NURSERY {CAMBRIDGE)LtMtIED
PAGE 3
FfNANCIAL STATEMENTS FOR THE YFAR ENDED 3 Isr AUGUST 2024
REPORT OF THE DtBECTORS ............J¢oniinued
To mainmin good p9rent-5taIfrelati0￿%hipl the Nwsery holds regu]ar s(Kial and fundr&isti)g events. In th¢ ytir in r¢view
w¢ h)ve held Summ¢r BarFwue. ChrESti￿ Pb￿0sh￿t sessions for fithsin&.Mtsthee5 Day alkm￿M tea, pareni
off¢¢ morn1t￿. aNI stsy 8nd play se5SiOD
ACHIEVEMLNTS AND PERFOKMANCE
. (iOIN'(i CONCERN
Aft￿ makÈng appropri￿? ¢ThquiriLY, th¢ hav¢ B ye&￿1&ble expECtth thatthe compiny hu ad4uatV YE50urc
to continuc kn otmtional extsten¢¢ for the forL8¢¢able filllwe oll the wumption thai loan repayments wdl continue
to bc met from currertt income. Fcff this YeA9(￿ they conttDu¢ to thpi the goin8 cor¢¢rn b1$￿ ID preparill8￿ financi
statements.
b. Rr.vtEw or ACTIvrriEs
JCN provided nuryery carn and edu¢tti(th for up 10 57 childvm iti the >w, with Do Si￿]ricant ¢hJng¢s to 4Ctivlty
of tho company in the year. on.going J18ff training h&$ beth 1￿M)￿d by the company for the contiDu¢l develowient
of sthff hnd ¢hildTen. W¢ ¢tsntilluttl to the ¢du￿bOndi ond p&swral llc¢ds of the childre
The Nursery i% ac¢iv¢ly d¢velopinB th¢ currI￿b￿n TQ ¢nJiir¢ It clt4rly ]de￿Ir￿S whAt li is thai all children nttd to
how thi% rcflects ther individual needs ￿mI olTu5 apwoprix¢ ch4lkng¢s ty h¢lp th¢m mak¢ good progre85. This
¢ommilrneni 10 an evolyins and toilored curricubjm 1$ (enw￿ ￿ the Nun¢rYJ mi1sion to provide the possible stsrt
in life t(Y ¢v¢ry child under iii c￿.
We conilnue ¢0 Inve￿ la our Intorn￿ external to provide • Afe and ¢nvironm¢ni for the
thlldron.
The NUr￿ry eoniihue<l to children ￿ develop 8n)SS motor skn'115 and 5PYltial awDrenc5J of their own physic41
abilitie5 whilsl gainLll8 confidence bnd fithess through variow physlc81 and Jw)rting a¢iiviLies orynisEd tltroughout the
)rJr. JCN provides a vast sele¢tion of baian¢¢rybike8 and bi¢￿1¢& u) uier foT ¢¥¢ry 5tsge of rhjing Jki115 and Abilitics.
L¢&rnin8 does only take pla￿ indoon. W¢ thke karning outhMYS in th¢ aaivili¢8 gam¢¥ Play￿ to ethBIicc
mimr￿1 and literacy skllls. Th¢ Under Two$ 1¢8m C<￿5nU￿j ￿ d¢v¢kw th¢ s¢n5ryy gbrden witli plLrbts thc Ghildrcft ran
smell ￿ld t&%te ￿ ￿11 ts mu9iC41 wlThJchirK&
Th¢ mud kitch¢n Jnd mu8]¢ wall wih pots and pa￿ ¢urtF%r enriched outth)or experienc￿.
We contlnued to bulld on our gu¢ceufiJl For¢K Scknl x9Si(ms. Sch￿1 8es8i(w are part of the ¢hi]dren's
wttkly activitiey and t#ilored 10 thtir age ¢￿abilitieS with an aim w help them gdin confidence in them5elv¢s
Id grow An llprffectstion for th¢ •world. Risk B¢ncfii Assess￿ u¢ wintsined so that they aye roburt and
up to date.
The children contimje to help mJk¢ MIn￿￿tiOnS to th¢ community. With th¢ir br¢si *¥he¢, tlw pwticSpa
hj IILter pi¢kn'n8 reBuI￿lY to k¢¢p th¢ ftn ¢le¥n' enjoy thos¢ a¢livtiio5.
C8tnbrid8Q iB A cosmo￿17￿￿ University city, th•t K¥ Yrtle¢*41 in ow multi¢ul¢ur#l familK8. W¢ ¢elebrgts ihi$
diversity in the meg13 at luTKh and tra fime. multi.lingual ayjd s(K)&s and 5ti)rics thAt the Ghlldr¢n shor¢.
Pgrents Rnvrtedto show Dnd 5hwe with thc childreD al￿1 thr festivals that cejcbTht￿I around the world.
I'ILe babies ve encouraged to develop their con￿uniC￿I1O￿ skills bv Sin8in8 and Si8nirb& lTh£v havc bpcn sigrJin8
oi i>n]y in nursery but have been extrndin8 thi4 ￿ home.
S( M8tys j￿￿Or s￿￿01 h8$ ¢r8ditKYwUy be¢D invitiD8 JCN staff theiT Exrf0TrD￿M with th¢ ¢hildr¢D.
pn)fessi(ffiai pres¢Dr81ioJL8 for 1¢aC￿ng p¢rsonDel gu¢h iD th¢ E¥rly Y¢ors, 8nd oth¢r 90¢iai ev¢pts furthcmore.
JCN has an anaDgwn¢N th8I SL M8ry's will ac¢omnyMJak ow ¢bildm on th¢ir w<¥nis¢s, should JCN need io
evacuaie the Nursery it180 emergency siiua¢ioll. Itt rew1￿ JCN ￿. Matyy staff ¢￿S when they
have staff trainink ¢vet)ts or socia] thnrfiom. have been vaknble irt Iwilding Thei#hbourly relatiOb)ship.
With Tegard% tt> th¢ publiyhe¢J guidance from the Charity Cowllnission on the operation of th¢ Public Ben¢fii TequiTement
und¢r th¢ Charili¢s Act 2011. JCN fully fjJnd¢d Sw)d￿0￿C pl￿S under the EaTly Yeays Funding S¢hem¢.
We aT¢ reviewll￿ th¢ Nurs¢ry f2¢Iliti￿ hi￿ ￿l1¢Y in light of n¢w social distancing measw.

JoIKr COLLEGES NURSERY {cAMBRI￿E) LI￿TED
PAGE 4
FtNANCJAL STAIEMENfs FOR THE YBAR ENDED 31sr ALGUST 2024
REPORT OF THE DIRECTORS......
W¢ hav¢ si8nificani Cl￿￿8¢5 ID IAdership Tewn with the retiM)Ml of thE Hed QfNm￿Y and the Deputy He4d
5tepplng A thoro* and robust Tt¢ruitirtent prctt5s kns bee# undrtheD. A nEW H¢4d of Nursery h8$ beffl
extvrna]ly. with $igntfiL¥nt experie￿e ID leknship roles ID the LknAi¢5 hma￿lly. thvy strJt¢d'
c. RISK MANAGEMENT ANT) ASSESSMENT
Tisk8 which the thity frK¢$ and tth that systems Are ID pA￿t to review these Tisks so that thr ])ècrsgory
FNANCIAL RL.VIEW
•. RkSERVE H)UCY
keep an Appropriate op¢rnting rts¢rve thii b¢ inve4ffd io intEre5r pyDblo, but Th)t to be restri￿#d for
lon8er thatt t¥Yo morth8. Th¢ level of re5eTVe will not than two rM)nthJ' exN4JdTtwt thd MU￿ be
%utTici¢nt to rep•y dep￿118 held and the £25,￿0 frorn C4mlxid8e tlniyersity P￿SS Asye$MDeM. The
MtUW8¢mtth C(4rnbittee will reviewtr I￿￿1 of the re5¢rbr fr[￿ tlm¢ to li￿. R¢YTVa at thi y¢r ej￿ im lio¢
w?th th¢ policy.
b. PRINCIPAL FUNDJNG
The NurJwl5 main Jow¢z Offw￿DIS ti thu fea of ¢hi1&4T
The Nwyery rett]v￿ th¢ Ewty Ye•5 Fundln& ftr qualifyiti¥ elth frnm 9 old Th¢ fuDdin8 b for ttr4¢ t¢rmJ
And T¢acheJ the awjunts kn six pym
PLANS FOR THE FLrruRE. FUTURE DEVEtA)PMFN13
The NwJcry will Con1￿U¢ ts) rnBilltall4 atsd <kvelop tLS h¢iliiies 4$ *tll ag the fabriE orth¢ ixtiiding Jnd play
arrns. ￿ it looks fon¥ard ¢0 providiDg ctre 4Dd edUCatiL￿ to iyjr rhildren lo the The ¢ontinuc8
to invrit in its stsff tlrou8h trBillin8 arKI other fornm of profe5bM>￿l devrloW￿t.
STA TEMf%vf OF MANAOEMEKf COMMifTEPS RESPONSIBILITIES
Th¢ mcTnbers of the Mw8un¢DI Corrynitttt {wlJo Ar¢ Jlw diredors of Jollrt Colle8ei (C￿brid8¢) Lirnittij
for th¢ purwmes of Com￿nY ]8w) 4r¢ T¢S￿D$1￿1¢ fry pr¢p8rÉD8 thv R¢Jvt of the DireLtOTS Ind the fiDuncial
statemenLS In atcordatsct with 44)licable Iww and United Kinxdom A￿￿￿11￿9 Stw]tsd5 (U￿tsd Kingdom Genernlly
Acc¢p¢ed Ac¢ountinK Prxfi￿I.
CotDpany and chvity law MqUf¢g the manber8 of the Cl￿1￿￿ ts) PTq)ue ftDDnrlal 5th*ments for each
riDwKial ye4r. Under CoMp￿Y the Mwwnt Crjnmittee rn￿1 nol ap[￿O¥e the fIrW￿al statements ￿[¢85 I
#re sali8fled that thry give athl fair view of the Alte ofaffJir5 of th¢ r￿n￿ble cornpany aTyJ ofthe iw)mitt¥
resou￿e$ and Awlic*tiLm of rraourt¢5, including the income Ind exkKndilwA of the ehaTithble comp&ny for th
selea sultsbl¢ a¢¢ountlll8 polkiB5 I￿j appty consisteDty.
obswv¢ the m¢thod¥ Frinciples In tho Chllrl(kx SORP.
Djake jud8cments aroyjming estimat¢s rernbk ￿ ptth¢
slate wlthr w11￿ble UK a¢¢oun¢ir* stsnd•rds followryi ajy m*riAI thpthwe8
disclosed and exp]&Sncd in th¢ stskments;
prepare the fin￿Cial 5tlltrrll￿ts thE going wncmn bmis 1¢ ig to pr¢sune thatthe
The membor9 of the co[r￿ille¢ arr TE5￿￿1b1¢ (or keeping a<kw accounimg re(ords th￿ dis¢loye
with TEasonable 8t alry t￿ne the fu￿￿7￿1 wition of the ¢harrtsbl¢ ¢oMp￿Y 8Dd enable thtth to ensure thllt
thE financial statenh¢nts comp]y with the CoTllPHlliC5 Act 2W6. They are 81so re5POL8ibl¢ for safeguarding the a55cts
of th¢ cbtritable coD]P8Dy opd h¢nLY for tikin8 re￿AllbIe • for thr Txevei*Kffj (IxeAion of otF*r
Iire8ulaTilies.

JoIKrcoLLEOF.S NUIISERY {CAMBRIDGB) LIMITr.
FINANCtAL sfA1TMEKtE FOR IHB YEAR ENDED 31ST AUGUST2024
IILPORT OF TTrIE DIRECn)RS ............J¢otyinu￿l
This wort hb6 kn ￿partd In accord￿¢¢ wbJ¢c¢ kb th¢ small
¢ompgniasre4kn¢ withtrt IS ofthtCthnJ*nkn Ad 2￿.
15th AFwfi 2025
sIRnL*1 on their
irby:
KA
INB J INNS
I)IRtrnfoR

JotKr COLLEGES NURSERY {CAMBRIDGE) LIMITED
PAGE6
FINANCIAL STATEMEYfs FOR THE YEAR ENDED J 1ST AUGusf 2024
)EPENDEKf ExAM￿R5 REPORTTD THE TRUSIFFS OF JOtNT COLtEGES NURSERY (CAMBRIDGE)
LIMrrED
I report to the charity Tn]5te¢s on my eXami￿on of fU￿￿la1 Itat¢M¢￿ ofJoint Colk8es Nursery (Cambridge)
Limited for the ￿ar endcd 31 Augus12024.
RESPONSIBILITIES BASIS OF REPORT
AS the'l'n]stees of the rbarithblc Co￿PanY (attd A160 its dir¢aorn frx the of c4)mpmy law) are ￿5￿JL41bl¢
for th¢ PT¢P8rntion of the llccounts kn ￿COrt￿ vith the rnquir¢ments Ord￿ C4wie8 Act 2006 {the 2006 Acl).
Having be¢a sotisfi¢d thutth¢ accrAmts of thE comtAny TLOI required ts) be ￿411[￿A uoder Part 16 of the 2￿6 Aci and
are eligibl¢ for ind¢pend¢nt ex4minwiot4 1 re[￿ in respECt of my examination of your th&ritable ¢ompanls &ccounts
as carri¢d under Section 145 of the CbaTiii¢5 Act 2011 (the ?01 l Acfj. In c￿1n8 0th my examination I h&v¢
follow￿ the Directions given by the Chwity Commimion uDder SrftM)n 145{5Kb) of the 2011 Act.
INDEPENDEKf EXAMINERS. sfATEMENr
Sin¢¢ th¢ ¢tLVLtabl6 ¢(uhpatsYs gross income excttded U30.000 y¢xy exwminer rn￿￿t member of • body Ilst
in 8¢dion 145 uf the 2011 Act. I l Hm qUAlified to undenth¢ the examination b¢¢xu* l am & membtt of
the Assocwtion of Chartered Certified A¢countants *thi¢h is on¢ of th¢ lis¢¢d bodim.
I hive comple*d my eX&mit￿l￿￿ I conllrn th&L no mattm h&ve colne ￿ my atterbiion in corme¢kn'on with th¢
exttmin*ion giving me ¢auy¢ lo bclieve:
(l) ll¢countin8 rec4)rds were not kept in r¢5P¢Ct of the c45mpJny u tcquittd by Se<tioTh 386 of the 2(N)6 Ac
{2) the &CCOUTbts do not attord with thos¢ accounting r¢c¢)rds.'
(3) the ￿coll￿ts do not cornply with th¢ ￿cOUntIn8 requirem¢MS of Seth 396 ofthe 2(￿ Act othertb
Hny Tequirement that the accounts gi￿ a and fairf view wthi¢h is a miiicr considered ￿ part of
an ind¢p¢Dd¢nt exLminlltion' (
{4) the a¢¥￿￿1113 hav¢ noi boen prepared in wlth the m¢thLM15 &YiKipkJ of the Srawnent of
R¢ummend￿ Prarti¢e for ￿OUntIn8 •nd Ttpthin8 by ¢harilies lappli¢able io charities pr¢paring th¢Sr
8¢counts in w¢cordawe with th¢ FlnwKial kewth8 Stthltrd #pplicable in the IIK and R¢publ>¢ of
Ireiatmj IFRS102)1
I hav¢ rto cortcems and have come acmw no oth¢r ma¢t¢rs In ¢oTmection wlth the examlnation io wthlch ￿e￿il0￿
should be draivn ￿ thly report ill order (o ¢nabk a protKr under*w￿￿ of the xcoun15 to be r¢a¢hed.
IAN W SHIPLEY FCCA
FOIi AND ON BEHALf. OF:
PRE￿Is & CO
CHAR'fERL.D ACCOUNTANTS &
IKDEPENDENT EXAMIIYERS
11 Sc Milton Rowd
C4mbTidBe
CB4 IXE
ri 11,1 l>J<

jO￿T COILEGES NURSERY (CJLMBRIDGE) UMIIED
PAGE 7
FINANCIAL STATEMENTS FOR THE YFdlRENDED 3 1ST AUGUST 2024
STATEMENT OF FINANCL4L AcIivfiES
Uthtrirted UnrB5trietcd
Fund5
Funds
2024
2023
INCOfvIE
Det￿tIOnS at)d granLS
Charithbl¢ a¢iivllieo
Invesull¢nt$
856
739.558
12,293
2.023
723.015
2.146
TOTAL INCOME
752,707
727.184
F.XPENDITURK
Charilablc aclivitl
743.172
729.313
TOTAL EXPENDrruRE
743,172
729,313
NET INCOMEI(EXPEINDITURE) ATriD h￿T MOVEMKhl IN FLNDS
9,535
(2.129)
RECONCII.ATION or nJNDS
Tothl fundy brough¢ forward
Total tbnds ¢arrI￿ fOr4￿d
17
484,233
486,362
414,233
493.768
Th¢ Stgtemeni of Trinanciaj Aciivilies includes all 8airLq al￿ It￿8tS re¢o8ni#d iti the >w. All in¢0M￿jg reM)UTttI
and rtsource$ ¢xpcnd¢d dcrive from CODiinuing ￿￿￿￿tle&
Th¢ rtoie$ on p4e$ 10 w IS forni pwt of the4¢ $tatement&

JoNr COLLbOE8 NURSERY{CAMIIRItX3E) I.IMIIED (01414429)
INANCIAL 8TATt.Mwfs FOR TIIB YEAR 31ST AWUST2ts24
BALANCE SHEET
2024
FIXED AssTf8
T8ntJblo
10
167.492
115J47
CUKXENT ASSFIS
D¢bts
CA8h tht wnd
9,561
460,027
469,581
10.5
442296
12
TOTAL CURREKf ASSB13
451823
LIAIIILJIIES
Crtdliorn.. hJlln8 wlthkn ￿ yur
13
(IllJ12)
(121.9371
Nfl. CURRLINT ASSETS
351,276
J11,768
323,186
509223
'rorAL ASSF,'IS LF.8S CURRITrIT LIABILmE5
Cr￿110￿. •ftwt• du¢
14
(25,000)
493,761
12J,OQO)
484233
NET ASSEi'S
THI FUNDS OF THE CIIARITY
17
493,761
484.233
Th¢ dh¢tW5 ¢iwkkr th￿ iht ¢qnpATry h ￿1111¢d IITMn tho tt> I￿11 ￿der
pnTrvSiivnJ ofscLtlon 477111 orth¢ C•np•ni¢J A¢1 2006. M¢mbm have nol rryuiTf44 tho ¢oJnpaThy und¢r s￿l0th
476 vf ibe CompaAl¢s 2000. to Dbialn Audit rty the yew en&d 31sl Auwii 2024. Th¢ direc￿TI McknowlL
Iliolr iL*poniibilitl(3 foT thwrin8ihNI the c1xnp￿Y keep whkh cLynpty with 5¢rtioD 386 WKI
3¥7 of Ihe Comyni¢s Act 2006 and for wepllr1￿ sw¢me￿9 SI￿ R InK and f•lr view ofilie st￿8
ofalTalra orth¢ e<Knywiy ¥ 1131ts1 Au8uu 2024 •nd of kn rte¢ NJTplus the >t4r endtyl Iii •¢¢mlNn¢r willi ih¢
r¢qyir¢n)¢n¢8 of %¢ciion 396 Ind whi¢h oth¢nvbÈ ¢w>ly wlth tho T¢qUtYw* of th¢ Ad r¢latithg io the finDnoi•l
n¢nts u ￿r 08 Appll¢abl¢tD thc t￿n￿y.
i'hc finan¢ial ylRIL*m¢nls h•ve bevn pRparty] in ar4)rdarK¢ with th¢ srAxial proviolonl r¢laiitti lu tompthics
¥¥I•j¢ci lo tlK smJll ¢¢xn
r¢Blme within Parf IJ of lh¢ A¢1 2(rfJO. It Wa5 WTovts1 by the ￿￿nhI¢¢
ièh 2(fL
•nd SI￿1 I￿h￿r.
IIIN
J INNS
i)IRE
The uoky M paKrs 10 to 15 fiym p•rt of Ihe4¢ Iln**lil ￿teN

JoiTrrr COLLEGES NURSERY (CAMBRIDGE) LIMrrED
PAGE 9
FtNANCIAL sTATEm￿s FOR THE YEARENDED 3 Isr AUGUST 2024
STATEME￿ OF CASH FLOWS
Total
Funds
2024
Funds
2023
Ci$h I'lows for (IperAtSllg Atttvttlej:
.¥¢t cash wovidtyj b), operning activities
20
11.727
53,764
Calh Flowi Irom InvtttlttE Attlvltlt&"
Investment incom¢
Pur¢h4s¢ or￿gible fix¢d asg¢ti
Net C•yh Uied in 1oVUtln& Artlvld¢s
12.293
2.146
(6,289) (26,9691
124.8231
Change in cash #nd ¢aJh equiYJl¢nts in th¢
reportin8 period
17.731
28.941
Cash and cash equivalemi ot the beginnin8
of the reportlng period
and ¢uh equIv￿ents * th¢ rnd of th¢
reportts)8 penod
442396
413,355
4￿,027
442.296

Jo[￿r COLLEGES NURSERY (CAMMRIDGEI UMITED
PAGE 10
FtNANCtAL STATEMENfs FOR 7Tr￿ YEAR ENDED 31￿r AUGUST 2024
NOTES TO THE FtNANCIAL STAJFJ(EKFS
AccouwrtNG POI.ICIES
1.1 BASTS OF PREPARATION OF FiNANCtAL STATEMENTS
Thg f￿￿￿¢1￿1 stai¢m¢nts hav¢ be¢n in accordDnce with the Sw¢m￿l of Recotnn)end¢d Prattice
(SORP):" A¢couniing Reponins by ch4riii¢s- pr¢pgrlli8 th¢ir accounts iti xcorda]Ke with the
Finanrial R¢porting Stajhdard applicable in the UK ?1￿ R¢public of Irelwtml (FRS 102) lelYe¢tive 1st
January 20191 '. (Clwi¢les SORP IFRS102}), th¢ FIDan¢1￿ R¢por¢m8 Standard applicable in the Uni*d
Kinsdom alld Republic of Ir¢land (FRS 102) aad the Comwiies Aci 2006.
Th¢ tharity cottrtitsrt¢s i pthlk ben¢fjt entity u defuxd by FRS 102.
'Th¢ dir¢ctWS COD5ider th&t thqre tillter1￿ ￿￿e￿IlAtieS abwl th¢ abi]ityto eonliDue as a
going con¢e
1.2 FUN'D ACCOU￿rthG
Uwestrlctrd funds comprise thoge funds wtiich the dtrECtor% we fiyt to use for any In firyth¢nrKe
of the th￿1[able objeffls of th¢ ch•rity wi wthicb have not betn desI￿a￿d for other pww$.
1.3 INCOME REC￿￿TIoN
All incom¢ is recognised once the ¢trwiiy ]JM emideme¥Ai io th4 i￿om¢. thwo is sutTi¢i¢nt ertiniy of
rtteipl Jnd 50 Li is probdbie thlt the Uhcome will be rtt4ive4 and th¢ aMC￿rt of uicom¢ wivabk can
be m¢4sured reliably.
Domted are inclu¢kd in I￿0￿¢ &t Y￿￿10￿ which is m estim* of the fir￿￿141 cos¢ born¢ by
Ihe donor *ther¢ such 4 uJs1 is qu8fflifJable and mcasurnble.
ItKon* r#¢eived in AdvarKe is wri¢d forward ￿ tht Ls deferred income on tho Bal￿¢¢
Int¢rut on tIryM15 held ffl dep￿11 is Incl￿ WIM re<wisabk wl th¢ bt measured roliably
by th¢ ¢h4dty, thls Li nomwlty upott notifKali￿ of the intsr¢st ￿ld w p4y4bl¢ by th¢ bllmk.
1.4 EXPENDfwRE REC￿N￿oN
l.iabililiu 4r¢ r¢co8ni5ed ￿ exrthl1tU￿ U SLW)n as kn is a legal or ¢onsw¢iiv¢ obligotion cornrnrtlin8
the charity ¢0 thDt expend1iu￿. it 15 prowle th81 seUk¢lleM will b¢ requirvj and thc of obli8Htion
can be Tneasured reliably.
All expendiuwe Is Ac￿unted for on lo bjyts. All eXrrtn￿, i￿lUding swon costs and
8ovcrnanLe ¢0sty are alloca*d or appoirrt¢d LO the 4yllubk ¢XIM￿lI￿r¢ he&1ing¥ in the s￿￿Me￿I
of Financlai Activiti￿.
Cost of raL5ing fut￿ are those iticurred in seeking volunmtv ¢ontrilxrtions and Ik) ￿1 Incl￿1¢ the of
disseminating ￿￿on￿alL0￿ in $14>POrt of the chBri1oble ac¢iwties.
Support costs are those costs iticutttsl dir¢¢Liy in SUp￿rt of exwidlturo on the obiKts of the ¢bwily jnd
include proje<l rtwement alld 8ellernl runniti8
Govrmance ¢oJts are thosc irwwr¢d in connecti￿ withthe rth1n￿on of the eompany and compli#Dce
with constitutional and sth(u¢ory requircments.
1.5 OPERAnNG LFASES
Rentals applicable io operntills leases arE charpj to the Sthtement of Finarjcial A¢ii¥iTitt8 (m a straight
lin¢ buis over the le￿ tt

JOJNT COLLEGES TrJURSERY {cAMBR￿E) LMTED
PAGEII
FtNANCIAL STATEMENfs FOR THE YEAR ENDED 3 Isr AUGUST 2024
NOTES TO THE FtNANCIAL sfATEMEwrs
1.6 TAN'GtBLE FIXED ASSFfs DEPRECIATION
Tangibk fix¢d ass¢￿ are Ststed at ¢oJi less depr￿s￿l￿L
Dcpr¢Eiadon is provided on all fixed assets w rates ¢alculakd to Mritr-off the C￿ts Ic$5 estimattd
re5wJual vakn of rath a5s¢i evenly ov¢r thelr ex[￿￿1 uxful liv¢s as follo
Furniwre. fittin85 And tyuipmejkl
IEa5ehold land and buildin&%
. 25% straight line
. on a StraJ8hl lin¢ b￿15 overthe wod of the lo
1.7 DEBTORS
Trad¢ and other d¢btor5 we rec98n15￿ * the 5etti¢m¢nt
1.8 CREDrroRS
Cr￿litorS Are r￿08Dl￿ed WI￿re the dwity Iw 4 FVBBent d>liytiO# Ttsuknn8 from a past •vthi that wlll
probabty result in the transfer of to 4 third torty and the amount due to stttlc the oblig￿10￿ cm bo
me&8ured or esiirnaied reliabty. Creditor5 are normolty T¢￿￿11¢d •¢ th¢iT J¢ttlement li￿vAL
1.9 PF.NSION COSTS
The chgriiy ormtcs a de15ned contrlbuiion pwlon scheme. The 859ds of xheme 8Te held sQPWJtcly
frnm thiis¢ ofthe thwriry in indcpondtYLdy admini5trred futh. Contribuiion5 Qre charged to the Slat¢m¢nl
of Fin￿￿141 Aaivitie4 #s thty fyll d￿.
LEGAL STATUS OF THE CHARITY
The charity Li a ¢(xnpw)y limited by guarantre. The rnembers ofthe company 4rc the slaff and pircrtts of
hildr¢n who ai*nd thc nursrry. In th¢ evcni of the ¢ompany being wound yp, the liability in ￿￿pect or
th¢ guuantee IJ limltrd to £1 per rncmbcr of the tsiiy.
INCOME FROM DONATIONS AND GRANTS
UDrestrict¢d Unr¢sirk¢ted
Funds
2073
2024
IX)nations
Grants
50
806
989
1,034
856
2.023
INCOME FROM CTrJARrrABLE AcnviTIES
Unrestrirted Uiireslrictc
2024
2023
Re8istration And tturstty fe¢8
739.558
723,015

JotNr COLIEQES NURSERY (CAMBRIDGE) LIMJTED
PAQE 12
FINANCIAL sTATEmE￿rs FOR THE YEAR ENDED 3 1ST AUGUST 2024
NOIES TO THE FtNANCIAL STATEMENrs
EXPEhl)rrLIiE ON CHARITABLE ACTtVITtES
CURRENT YEAR
Support
Coll5
(Nole 6) (Note 71
2024
ch￿11{bIt act[￿11¢5
628279
114,893
743.172
rxpr.NDITiIRE ON CFIARrrABLE ACTIVITIES
PRIOR YF.AR
Direet
Supptrrt
Tolui
2023
(No¢¢ 6) (Note 7)
Charitable aciivities
601,717
127,596 729,313
ANALYSIS OF DIRECT COSTS
Unrestric¢￿ Unro9tri¢t¢d
Funds
Fullds
2024
2023
i¢J, Natiixul InsuratKe 8rMI pensions (notr 9)
Nursery supplles and aciiviii•8
Food FtyVi$iI)ni
533,982
10,648
83,649
519,314
5.074
77,329
628279
601,117
ANALYSIS OF SI)PPOKT cosrs
Unrestricted UDr¢slTi¢i¢d
Funds
Funds
2024
2023
Renl, rates And ins￿1¢¢
L ￿hL Ile￿ *lephon¢
cle￿In8 ctewiou mthri811
Cliniclll wiste
(iardenin8
epair5 TtnewTrlJ
iiecruill￿￿t ond 5thff trwin8
Stalioocry. priniin8 Jnd w5ta8¢
Subs¢ripiioTh
BoDk ¢iwg¢s
Sundry exp¢ns
I)¢pr¢¢iaiion
9,409
11,262
32266
2,059
8,844
12,606
6,154
1,590
2,607
137
9,871
9,653
26,106
1.799
8,665
40,938
908
1.418
2,054
394
22,270
24,144
Independenl examifjation
3,313
3,379
114,893
127,596
NEf INCOME FOR THE YEAR
2024
2023
Th18 Is stated after char¥nK.
Ind¢pend¢nt e¥￿In•l￿n
Tndep¢nd¢nt ¢xwnina¢ion ￿nd￿roVIded for in 2022
D¢pr¢¢iation of fix¢d ass¢LS owned bythe company
3.313
2,972
407
24,144

JotTrrr COLLEGES NURSERY (CAMBBJDGE) LIMrrFD
PAGI 13
FtNANCIAL STATEMEYfs FOR THE YEAR ENDED 31ST AUGUST 2024
NOTES TO THE FtNANCIAL STATFMENrs
STAFF COSTS AND DIREcfoRS RFJlU￿TI0N
2024
2023
The ￿ts1 Staff costs for the w *w¢:.
Wag¢s and s81ari¢$
ployes N&ionai InswaDc¢
FADplo>tr$ pellsion contnlxrti(
495.752
28.878
9J52
472,394
35,271
11,649
519,314
533.982
The DveTa8e tDonthly ttumbtr of ¢mplo>w was 16 (2023.. 19).
No employee r¢ceivtyJ rvmwiernlc￿ of oxtt than£60.000.
10.
I'ANGIBLE FIXED ASSErs
CURREKf YEAR
Le&8ehold Fwniture,
land fittin83 Ind
buildiogs quiwncnr
Totsl
COST
At Isi Sepiemb¢r 2023
Additi(ffis
337.635
212.175
6289
569.810
6.289
At 3 l$t Augusi 2024
DLFIRF.CIATION
Al Isl S¢pt¢mber 2023
Charge for tILe ye4r
At 31st Aus￿1 2024
NP.I' BOOK VAI.UE
At 3 IM AuBw¢ 2024
357,635
218,464
576,099
201235
143,228
12,972
384.463
24.144
212,4Q7
196,200
408.607
145328
22364
167,492
TANCIIBLE FIXED ASSETS
PRIOR YEAR
IK45¢1M)Id Furniture.
land 4rYl
rthiTr85 attd
buildin
¢quipineThl
To￿1
COST
At Is¢ 8wember 2022
Addition5
357.635
183,206
26,969
542,841
26,969
At 3 lyt Ats8usI 2023
DEPRF,CIATION
At Isi September 2022
Chor8¢ for rh¢ year
At 3 1st Ay8USt 2023
NEf BOOK VALUE
Ai 3 Ix A￿8￿￿t 2023
357.635
212.17S
569,810
190.063
11.172
172,130
11.098
362.193
22.270
201.235
183228
384,463
156.4tJo
28.947
585,347
DEBTORS
2024
2023
'Trode debtar8
Other debwrs
Prepaymon
2,969
65
6,5?7
9J61
4,077
331
6.119
10.$27

jOI￿r COLLEGES NURSERY (CAMBRJDGE) LtMfTED
PAGE 14
NANCIAL sfATEMENfs FOR THE YEAR ENDED 3 1ST AUGUST 21r24
NOTES TO THE FINANCIAL STAIFMENTS
12.
CASH Af BANK AND IN HAND
2024
2023
116.677
194
343.156
186.947
349
255,OOQ
Petty CA5h
Savlngs acwunts
460,027
442,296
13.
CREDITORS.. AMoUF￿s FALLING DUE ONE YEAR
2024
2023
79,078
9,706
A2,866
18.395
354
16.736
Irade croditors
Other (reditors
Ac<ruNls ond defur¢d iD¢fMDQ
Social Se
29.468
118.312
128,937
DEfERR£D INCOME
2024
2023
Deft￿ed income 2023
Incorne deferred during the ye
mounts relf¥s¢d from Previo￿ years
Deferred inc(*ne at 3 1st Au8ug12024
13,360
10,163
25,711
l ),J60
(13,360) 110,163)
25,718
13.360
The bthnce re￿¢0 ￿ f￿lIng rKoived fr(rfn Cwnbridgeshrt Ctruthiy CowKil.
14.
CREDI'foRS'. AMOUTraS FAtLING DUE MORE THAN ONE YEAR
Crpditor4 in¢lud¢ amouthts noi wholty r¥p#y#bl¢ within 5 follo￿.
ilepa)ubk othes than by (see ntrt¢ 19).
2024
2023
25.1)00
25.000
13.
COMMITMFNtS
The company h&8 pald £9,35212023.. £11.649) In w of dellned ¢Otitribuikn p*ttslons. Ai the ye
end there a credilor ofEnil (2023.. £1,915).
16.
OPEIIATING LEASES
AJ at 3 1st August 2024 th¢ chwily h•J total c(rnitm¢nts UTMler n(ffi C￿11•b￿ 0￿￿1￿& le4ses •8
follo￿..-
2024
2023
Expiry date.. Betweth 2 S y￿1
1.145
17.
rATEMENf OF FUNDS
Ai
l# Sepiember
2023
Al
31$1 Augu$1
2024
Income ExFéndilur¢
Unr¢$tri¢ted fullds
484233
752,707 (743,172) 493,768
STATEMENT or F￿4Ds
PRIOR YEAR
At
l# S¢rrtmber
At
31st August
2023
Unrestricted fi
486,362
727.184 (729J13) 484.233

cotLEGES NURSERY (cAMBR￿E) LIMfIED
PAGB 15
FINANCtAL STATEMENfs FOR THE YEAR ENDED 31ST AUGUST 2024
NOTES TO THE FINANCIAL STATEMENt5
18.
ULTIMATE coNfROLLtNG PARTY AN.D RELAIED PARITÉS
Throushout th¢ year the ¢Jwity Joiott). C4)Dtrolkd by th¢ Mana8¢OWit CrrfDmitt£e.
The rnttnbrts ofthe Mana8em¢nt re¢¢lvtyl ￿ rmunernio￿ bMetlts in kiThd or r¢imbuT5ed
expenses th￿1￿8 the year {2023.. £Nii).
Th¢ key mall¥etnent personnel tOmFYk%e ofthe Head of Nursery and Depw He￿1 ofNLW.
The k¢y maD&8etllent persoDnel ￿e￿iVed & totsl reMu￿10n of £105.489 dwthg the ￿12023. £99,050).
Seyeraj of the director8 pay nUTxery feu frftheir OWlL ehllthttt to attethd the nuJYery. These feu w¢ p&id
th¢ J•me rnte •3 ill oth¢r prn
19.
FINANCIAL OBLIGATIONS
In 1994, an advance of £25,01)O wds reCei￿d from Cwnbn'dge Univmity Prnss. This lo￿ is int¢mi fr¢¢
and is unly due for repaymeni if the Nurgery is liquid*ed or the 4gTc¢m¢n¢ Cambrid8¢ Universliy
The Nurxry eniered inlo a peppCrc￿l with the University of C￿n￿ld8c commencing in 1917 in
respect of the promi>cs which th¢ Nwsery is sits*tcd: the terDU of this expire in 2037.
20.
RECONCtLIATtON OF NET MOVEMwf IN FUNDS TO NET CASH tILOW FROM OPERATING
ACTIv￿lEs
2024
2023
Net irbCOTnel(expendiuro) for the reponAD8 p¢nod
Adjystcd f￿..
t)¢pr¢ciaiion char8eJ
Inv¢s¢ment income
D¢¢rc4LSQp'lincrease} In debt
Increa￿/{d¢￿e￿l in crditots
Net ￿¥h wovidcd by opmtill8 ￿tivAl•￿
9J35
12.129)
24,144
22,270
{12,293) (2,146>
966
3,028
(10,6251
32,741
11.727