CYGNETS (WHELNETHAM)
Provides high quality wraparound childcare for children aged from 2 years 9 months to 11 years.
Objects
THE AIMS OF THE PRE-SCHOOL ARE TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN PRIMARILY UNDER STATUTORY SCHOOL AGE BY ENCOURAGING PARENTS TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR CHILDREN THROUGH COMMUNITY GROUPS AND BY:(A) OFFERING APPROPRIATE PLAY, EDUCATION AND CARE FACILITIES, FAMILY LEARNING AND EXTENDED HOURS GROUPS, TOGETHER WITH THE RIGHT OF PARENTS TO TAKE RESPONSIBILITY FOR AND TO BECOME INVOLVED IN THE ACTIVITIES OF SUCH GROUPS, ENSURING THAT SUCH GROUPS OFFER OPPORTUNITIES FOR ALL CHILDREN WHATEVER THEIR RACE, CULTURE, RELIGION, MEANS OR ABILITY;(B) ENCOURAGING THE STUDY OF THE NEEDS OF SUCH CHILDREN AND THEIR FAMILIES AND PROMOTING PUBLIC INTEREST IN AND RECOGNITION OF SUCH NEEDS IN THE LOCAL AREAS;(C) INSTIGATING AND ADHERING TO AND FURTHERING THE AIMS AND OBJECTS OF THE PRE-SCHOOL LEARNING ALLIANCE.
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £14,961 for the year, resulting in a decrease in unrestricted funds from £48,849 to £70,611? No, the funds increased from £48,849 to £70,611 due to incoming resources of £115,850 against expenditure of £94,088. Wait, the Statement of Financial Activities shows Net Income/(Expenditure) as (14,961) which is a deficit, but the reconciliation shows Total Funds Carried Forward as 70,611 vs 48,849. Let's re-read carefully. Page 3: Net Income/(Expenditure) is (14,961). Total Funds Brought Forward is 48,849. Total Funds Carried Forward is 70,611. This implies a positive movement of 21,762. The (14,961) is likely a typo in my reading or the document structure is complex. Let's look at Page 8: Net movement in funds is 21,762. Incoming resources 115,850. Expenditure 94,088. 115,850 - 94,088 = 21,762. So the charity had a surplus. The 'Net Income/(Expenditure)' line on Page 3 showing (14,961) seems to refer to the prior year or is misaligned. Page 11 shows Net income/(expenditure) as (14,961) for 2023. For 2024, it is not explicitly summed in the detailed statement but the movement is positive. The charity holds unrestricted reserves of £70,611. The trustees confirm the charity is in a strong financial position and prepared on a going concern basis.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Elizabeth Esther Youngchair
- Amy Malt
- Charlotte Coe
- James Nicholson
- Lisa Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £116k | £94k |
| 31/12/2023 | £65k | £80k |
| 31/12/2022 | £73k | £89k |
| 31/12/2021 | £84k | £89k |
| 31/12/2020 | £83k | £82k |
Common questions
Is CYGNETS (WHELNETHAM) financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure of £14,961 for the year, resulting in a decrease in unrestricted funds from £48,849 to £70,611? No, the funds increased from £48,849 to £70,611 due to incoming resources of £115,850 against expenditure of £94,088. Wait, the Statement of Financial Activities shows Net Income/(Expenditure) as (14,961) which is a deficit, but the reconciliation shows Total Funds Carried Forward as 70,611 vs 48,849. Let's re-read carefully. Page 3: Net Income/(Expenditure) is (14,961). Total Funds Brought Forward is 48,849. Total Funds Carried Forward is 70,611. This implies a positive movement of 21,762. The (14,961) is likely a typo in my reading or the document structure is complex. Let's look at Page 8: Net movement in funds is 21,762. Incoming resources 115,850. Expenditure 94,088. 115,850 - 94,088 = 21,762. So the charity had a surplus. The 'Net Income/(Expenditure)' line on Page 3 showing (14,961) seems to refer to the prior year or is misaligned. Page 11 shows Net income/(expenditure) as (14,961) for 2023. For 2024, it is not explicitly summed in the detailed statement but the movement is positive. The charity holds unrestricted reserves of £70,611. The trustees confirm the charity is in a strong financial position and prepared on a going concern basis. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 07/08/2020 | £2k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 16/06/2005 | £5k | New toilet facilities |