ACE NURSERY SCHOOL (CAMBRIDGE) LIMITED

Charity number: 271233
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Pre-school education

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£778,660

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £18.34k
Charitable activities £742.55k
Other trading activities £0
Investments £17.77k
Other £0

Total expenditure:
£733,966

Text alternative for this canvas graphic is in the data table below.
Raising funds £2.04k
Charitable activities £731.93k
Other £0

-£51,265 investments gains (losses)

Total income includes £104,611 from 1 government contract(s) and £17,085 from 3 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £2.04k
Charitable expenditure £731.93k
Retained for future use £44.69k

People

24 Employee(s)

13 Trustee(s)

70 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£80k to £90k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Services
Where the charity operates:
  • Cambridgeshire

Governance

Registration history:
  • 01 October 1963: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
01170191 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • 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
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

13 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
On Wing Wong Trustee 11 November 2024
None on record
Victoria Helen Harvey Trustee 11 November 2024
None on record
Anke-Elaine Iris Schmidt Trustee 11 November 2024
None on record
Dr Lucy Anne Tucker Trustee 11 November 2024
None on record
Loreto Victoria Salinas Munoz Trustee 11 November 2024
None on record
Diana Jennifer Iris Church Trustee 19 June 2024
None on record
Dr Orla Lynskey Trustee 13 November 2023
None on record
Jennifer Agnes Payne Trustee 13 November 2023
None on record
Lucy Richens Trustee 13 November 2023
None on record
Lauren Elizabeth Robarts Trustee 13 November 2023
None on record
Dr Julia Rebecca Forman Trustee 10 November 2022
None on record
Dr Florin Mircea Iliescu Trustee 11 November 2021
None on record
LISA ELAINE TUOHY Trustee
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £628.72k £597.55k £646.36k £717.09k £778.66k
Total expenditure £614.86k £596.80k £641.28k £695.45k £733.97k
Income from government contracts £104.70k £103.59k £100.78k £100.47k £104.61k
Income from government grants £1.90k £81.74k N/A £5.40k £17.09k
Income - Donations and legacies £4.99k £83.61k £4.70k £0 £18.34k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £603.07k £494.59k £622.36k £699.57k £742.55k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £20.66k £19.35k £19.30k £17.51k £17.77k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £613.02k £595.40k £641.09k £694.87k £731.93k
Expenditure - Raising funds £1.84k £1.40k £0 £578 £2.04k
Expenditure - Governance £0 £0 £2.43k £2.82k £2.96k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £290 £163 £0 £184 £200
Expenditure - Other £0 £0 £186 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £25.35k £21.14k £17.51k £12.19k £6.56k
Long-term investments £383.08k £323.13k £434.10k £391.23k £358.99k
Other assets £205.20k £191.15k £180.23k £225.63k £256.15k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £57.48k £51.93k £53.27k £89.30k £88.54k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 16 May 2024 On Time
Accounts and TAR 31 August 2023 16 May 2024 On Time Download Open in new window
Annual return 31 August 2022 29 November 2022 On Time
Accounts and TAR 31 August 2022 29 November 2022 On Time Download Open in new window
Annual return 31 August 2021 03 May 2022 On Time
Accounts and TAR 31 August 2021 03 May 2022 On Time Download Open in new window
Annual return 31 August 2020 24 November 2020 On Time
Accounts and TAR 31 August 2020 24 November 2020 On Time Download Open in new window
Annual return 31 August 2019 24 September 2020 86 days late
Accounts and TAR 31 August 2019 24 September 2020 86 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 14 MAY 1974 AND AMENDED BY SPECIAL RESOLUTIONS PASSED ON 3 DECEMBER 1975, 30 AUGUST 1996 AND 9 JANUARY 2006

Charitable objects

TO ESTABLISH AND CARRY ON A NURSERY SCHOOL WHERE CHILDREN MAY BE EDUCATED BOTH THROUGH PLAY AND TUITION IN READING, WRITING, ARITHMETIC, COMPOSITION, MUSIC AND ARTS.

Area of benefit

The area the charity can operate in, as set out in its governing document.

CAMBRIDGE DISTRICT AND CAMBRIDGESHIRE

Contact information

Address:
37 Parkside
CAMBRIDGE
CB1 1JE
Phone:
01223357181
Email:
ace_nursery@tiscali.co.uk
Website:

www.ace-nursery-school.org.uk Open in new window