CHARITY REGISTRATION NUMBER: 1026434 Rolvenden PreChoOl Unaudited Financial Statements 31 August 2025 DAVI PAYNE Chartered Accountants Sportsman Farm St Michaels Tenterden Kent TN30 6SY
Rolvenden Pre-school Financial Statements Year ended 31 August 2025 Page Trustees. annual report Chartered accountants report to rolvenden pre-school on the unaudited financial infomiation Statement of financial activities Statemenl of financial position Statement of cash flows Notes to the financial ststements The followlng pages do not fomi part of the financial statements Detailed statement of financial activities 14 Notes to the detailed statement of financial activities 15
Rolvenden Pre-school Trustees. Annual Report Year ended 31 August 2025 The trustees psertt their and the unaudiie(l financial stslements of the charity for the year ended 31 August 2025. Reference and adrninistrative details Registered charity name Rolvenden Pre-school Charlty reglstratlon number 1026434 Prtnclpal offic8 Rolvenden Pr&School Rofvenden Village Hall Rofvenden Cranbrook TN174ND The trustees Lauren Fagg (Chairperson) McEwan (freasurerl Hannah Larkin Thomas Robson [sreryI Kirsty Goodsell Dougal malDal Ac¢ountsnts David Payne Chartered Accountants Swrtsman Fam) Sl Michaels Tenterden Kent TN30 6SY Structurei governance and management Rolvenden pre-scho Wds registered as a charty in 1987 and now has a team of four temi-time staff who provide infant education as well as cdlaborativety perfomi the administrative needs of the school. In lum. the charity as a whole is controlled by the board of Truslees, the details of whom are listed above, who hold regular reviews throughout the year) David Payne Accountsnts were appointed in 2016 to assist us wth our accounts producEion. reporting compliance and payroll obligatiorts. In tum this provides reli8f for the core members of staff tts remain fully fwused the children, Éhe school and associatsd fundraising adivities. Objectives and aclivitles Our aim is to provide high qu81ty care and education for chiklren approaching statutory school age through a combined approach which fcxxjses on play. academics and social development. Our vision is basel on the Unshakeae premise that eath chikl must be treated 8s an equal and as an individual. We work in accordance with Otsted guidelines within the Early Years Foundation Stage framework. {More infLYmation can be nd at Www.rolvendenpreschJ.YolasIte.comj
Rolvenden Pre-school Trustees. Annual Report (conrfnued) Year ended 31 August 2025 Achievements and performance We began the year with 13 children on roll, 1 leawng and 7 joining us throughout the year, giving us 19 on roll by the end of the year. Of these. 11 moved up lo primary schoK)l in Juty 2025, leaving 8 continuing with us for the next year. We enjoyed dance sessions weekly during the Spring temi, bought some sports equipment for use in the garden, some new books telliry stories to help with emotional regulation and made use of a Makalon membership lo use grant morley from the Ashford Early Years Collaboration. We hosted a Pk Your Own Pumpkin event in October 2024, raising £168.50. We took part in the Rolvenden Christmas Fayre by hosting Santa's grotto, raising £97.50. In May 2025 we joined fortes with the Rcdvenden Gardening Society to to host an open garden event in the village. rydising £360. We joined the Primary School Reception class nativty play and the summer of temi play, having spent several weeks ting the class and allowing tho chikJren to feel really comf¢)rtable with the transition to Primary School. In March 2025 our Deputy Manager ROS left us and Katie was promoted to replace her. We were unable to find an additsonal member of stsff to join the team. leairing us short-staffed for the remaindw of the academic year. We have begun to struggle financially, wth minimum wage increasing signTficantly, government funding rates remaining low and more chiklren elmjible for extended government entiuements. Our hourly fees increased this year and the staff wcKked hard to raise additional funds. The plar)ned move to Tenterden Schools Trugt was not able lo happen due to the Trust having their own difficulties an pulling out of the merger. The pr&school remains EV(ar and in demand. bul it is getting harder to rind staff and sufficient funding to remain wable. Financial revlew Unlike last yeaws considerable drop to reserves, this year has seen the steady state retum, wth reseNes increased by a little under £3.0. Wilh such a small enterprise as this, comparatively small variations to the figures can resutt in significant percentile changes. Taking a longer temi viewpoint. the 2015 accounts showed final reseNes of £15.8CK); 2020 showed £21,300", and 2025 shows £35,600. Over the last few years, official infiÈtitin figures have been very changeable, but the charity accounts show a smoothed increase to reserves of 7% year on year. In the Current climate. there are not many enterpris8S Out there for which the controllers could display such figures. The trustees, annual report was approved on .. trustees by. and signed on behaW of the board of Helen Harris Authorised Signatory
Rolvenden Pre-school Chartered Accountants Report to Rolvenden Pre-school on the Unaudited Financial Infonnation of Rolvenden Pre-school Year ended 31 August 2025 In accordance %Mth the engagement letter dated 20 June 2016, w8 have prepared for your approval Ihe financial information of Rolvenden Pre•Sthool for the year ended 31 August 2025, which comprise the statement of financial activities, statement of financial position. statement of cash flows and the related notes from the charitys accounling records and from information and explanations you have given us. As a practising member firm of the Institijte of Chartered Ac¢ountants in England and Wales (ICAEW), we are subject to its pthical and other professional requirements lch are detailed at ww.i¢aew.comlenlmembersfregulations-Standards-and-guidants. This report is made solely to the board of trustees of Rolvenden Pre-Sthoc4, as a bCy. in accordan with the terms of OLtr engagemenl letter dated 20 June 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Rolvenden Pr&School and slate those matters that we have agreed to state to you, as a b[Y. in this report in accordance with ICAEW ThniCal Release TECH08116AAF as detailed at vmw.icaew.comlcompilation. To the fullest extent permitted by law, we do not 8ccepl or assume resw}nII[ty to anyone other than Rdvenden Pre-school and its board of trustees, as a boéy, for our wk or for this reporL You have approved the financial information for the year and have acknovAedged your responsibility for it, for the appropri8teness of the finanual reporttng framework adopted and for providing all informations and explanations necessary for its compilation. We have not verified the accuracy or comF4eteness of the a(xountiThJ records or information and explanations have given lo us and we do no( therefore. express any opinion on the financial information. MThE Scott Payne & Scott LTD DAVID PAYNE Chartered Accc4Jntsnts Sptsrtsman Fami st Michaels Tenlerde Kent TN30 6SY
Rolvenden Pre-school statement of Financial Activities Year ended 31 August 2025 2025 Unrestricted funds Total funds Total funds 2024 Incorne and endowments CharitstAe activibes Investment income 64.236 199 64,236 199 59,427 196 Totsl Income 64,435 64.435 59,623 Expenditure Expenditure on charitable tiCtities Total expenditure 61,495 61.495 61 A95 69,010 61 rt95 69,010 Net incomel(expendlture) and net movement in funds 2,940 2,940 (9,3871 Reconciliation of funds Total funds brought fOnard Total funds Caied fonvard 32,703 32.703 35,643 42,090 32,703 35.643 The ststement of financial activtties indudes all gains and losses recognised in the year. Atl income and expenditure derwe from continuing actsvibes. The notes on pages 7 to 12 form part ofthe5e financi statements.
Rolvenden Pre-school Statement of Financial Position 31 August 2025 2025 2024 Note Current assets Debtors Cash at bank and in hand 10 78 33.131 36,IYJ6 36.096 33.209 Credltors: amounts falling due within one year Net current assets 11 453 506 34643 35,643 32,703 32,703 32,703 Total assets less Gurrent11obllllles Net assets 35.643 Funds of the chaiity Unreslricled funds 35,643 35,643 32,703 32,703 Total charlty funds 13 Th2sp fin ncial ststemenls were approved by the board of Irustees and authoris@d for issue on ..2zIs7.2 , and are soned on behalf of the board by. Helen Harris Authorised Signatrjry The notss on pages 7 to 12 tsrm part ofthesefinanGial Statements.
Rolvenden Pre-school Statement of Cash Flows Year ended 31 August 2025 2025 2024 Cash flows from operating activities Nel incomel{expenditurel 2,940 (9.3871 Adjustments for.. Other interest receivable and similar income Actrued expenses 1199) 12 11961 24 Changes in." Trade and other debtors Trade and other credil(Ys 78 (65) 2,766 139) 242 Cash generated from operations (9.3561 Interest received 199 196 Nel cash trlIused inl operating acbvities 2,965 (9,1601 Net Increasel(decrea5e) in cash and cash equlvalents Cash and cash equivalerrts at beginning ol year Cash and cash equivalents at end of year 2,965 33,131 36.096 {9.160) 42,291 33.131 Th8 notes on page$ 7 to 12 fomi part of these financial statements.
Rolvenden Pre-school Notes to the Financial Statements Year ended 31 August 2025 General 5nforniatlon The charity is a public benefft entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Rolvenden Pr&School, Rolvenden Village Hall, Rolvenden. Cranbrook. Ken( TN17 4ND. statement of compllance These finanal statements have been prepared in complkgnce vmh FRS 102, 'Thts Financial Reporting Standard appliCae in the UK and the Republic of Ireland., the Statement of Recommended Practice applue to tharities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 1021 (Charities SORP (FRS 102118nd the Charities Act 2011. Accountlng pcAlcles 8asis of preparation The finarIal statements have been prepared on the historical CA)St basis, as modified by the revaluation of certain financial assets and liabilrbes and invesknent properties measured at fair value through income or expenditure. The financial statements are prepared in steding, which is the fijncttonal currency of the entity. Golng concern There are no material uncertainties aut the charitys abiif(y to ¢ontinue. Judgements and key sources of estimation uncertainty The charity is not of a nature to make estimations. It i8 primarily operated on a normal cash income and expenditure basis, th adjustments fo* a55ets and liabilities due at the year end, wth accru81s for expenses which are billed in a flrture period bul relevant to the year being reported. Fund accounting Unrestrfcted funds are avaable for use at the discretion of the trustees to further any of the charrtls purposes. Designated funds are unrestricted funds earmarked by Ihe directors for partirxjlar future project or commitmenL Restrictèd funds are subjected to restrictions on their expenditure declared by the dimor or through the terms of an appeal. and fall into one of tsvo sub-classes- restricted income funds or endowTnenl funds.
Rolvenden Pre-school Notes to the Financial Statements (conllnuedj Year ended 31 August 2025 Accountlng pollcies (Gontthued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has Passed to the charity. it is probable that the economic benefits associated with the transaction will flow to the charity and Ihe amount can be rlab measured. The following specific policies are applied to parbcular categories of income.. income from donati($ or grants 15 recognised lthen there 15 eviden of entitlemenl lo the gfft, receipt is probable and its amount can be m8asur8d rellaty. legacy income is recognised en rlpt is probable and entiuement is established. irthme from donated gocmjs is measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is derived from the cogt to the donor or the estimated reSe value. Donated falIeS and services are recognised in the accounts when received rf the value can be reliably measured. No amounts are included for the contribution of generai volunteers. income from contra(ts for the supply of seNices is re¢ognised wth the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be Snt on a particular purpose and retumed rf unspenL in which case it may be regarded as restricted. ResourGes expended Expenditure i8 recognised on an atcwals basis as a liaknlity is incurred. Expenditure includes any VAT which cannot be fully reeovered. and is dassi*ed under headings of the statement of Inancial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities. events. non- charitable trading activities, and the sale of donated go¢$. expenditure charitable activtbes indudes all costs incutred by a charity In undertaking activ"e5 that ftjrther ils charitable aims for the benefft of rts beneficiaries, including those support costs and costs relatitwj to the governance of the charity apportioned to charitable aclimties. other expenditure indudes 811 expendilure that is neither relatsd to raising funds for the charty nor part of ts expendiiure on charttatAe aclivities. All costs are all(Thted to expenditure categories refiecting the use of the resource. Direct costs attributable to a single 2cliMty are loCated directly to that activity. Shared costs are appDrtioned betsveen the activities they contribule io on a r&qsonable. justrfiable and consistent basis. Financial instruments A financial asset or a financiJ liabilty is recconised only when the charity be¢ornes a party to the contractual provisions of the instrumenL Basic financial instruments are initially recognised al the amount receivable or payable including any related transaction costs. Current assets and current IrdtlleS are subsequenty measured al the cash or other consideration expected to be paid or received and not discounted.
Rolvenden Pre4chool Notes to the Financial Statements (Conthiue Year ended 31 August 2025 Accounting policies {wntinue(lJ Flnanclal Instruments (conunued) Debt instruments are subsequenty measured at amortsed cost Where investments in shares are publicly traded or thr fair value can otheTh¥ise be measured reliably, the investment is subsequellty measured at fair value with changes in fair value recognised in income and expendtiure. Atl other such investments are subsequenty measured al cost less impairment. Other financial instNments. including derivalives, are initially recoynised at fair value, unless payment for an asset is deferred beyond nomial business teryns or financed at a rate of interest that is rl a Maet rate. in which case the asset is measured at the present value of the future pawnenls discounted at a market rate of intert for a similar debt instrument. Other financial instruments are subsequenty measured at fair value, with any changes re¢ognised in the statement of rtnanual activtties. th& exceptK)n of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impaimient at the end of each rewtng date. If there is objective evidence of impairment, a impairment loss is recognised under the appropriate heading in the slatement of financial actIveS in which the inib'al gain was recognised. For all equity instruments regardless of significan, and other financial assets that are individually significart these are assessed indiwdually for impairment. Other financial assets are either assessed indiMdually or grouped on the basi8 of similar (xedit risk characteristics. Any reversals of impaimient are recognised immediately, lo the extent that the reversal does not result in a earying amount of the financial asset that exceeds what the rying amount would have been had the impairment not previously been recognised. Defined contrTbution plans CtribUtiOnS to defined contrtbution plans are reccunised as an expense in the period in 1c the r8lalad service is provided. Prepaid contributrjns are recognised as an asset to the extent that the prepayment wll lead to a reduLon in future payments or a cash refund. When contributions are nol expeed to be sdlled wholly wthin 12 months of the end of the reporting date in which the emtAoyees render the related ser¥ice, the liability is measured on a discounted present value bas. The un¥Mnding of the discount is recognised as an expense in the period in which it arises. Charftable activities Unreslricted Total Funds Unrestricled Total Funds Funds 2025 Funds 2024 Income from non-investment propety in ftjrtherance of the charr($ objects Payments from governments or pU1C aulhorities in the normal course of trading 8,408 8.408 13.828 13,828 55.828 64,236 55.828 64,236 45.599 45,599 59.427 59.427
Rolvenden Pre4chool Notes to the Financial Statements (ct)nthiuedJ Year ended 31 August 2025 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank irrterest rec8ivab18 199 199 196 196 Expenditure on charltable activities by fund type Unrestricted Totsl Funds Unreslricted Totsl Funds Funds 2025 Funds 2024 Op8rations of the schtsjl 61.495 61,495 69.010 69.010 Expendlture on charitsble actlvities by actfvity type ActiVeS undertaken Totsl funds directly 2025 Total fund 2024 Operations of th8 sc*)ool 61,495 61,495 69,010 Staff Gosts The totsl staff costs and employee beneffts for the reporng period are analyse(i as follows". 2025 2024 Wages and salaries Employer contributions to pension plans Other employee benefrts 48.004 769 531 48.702 648 130 49.304 49,480 The aVage he8d count tsf employees during the year was 4 (2024.. 41. The average number of full-time equtvalent employees during the year is analyBed as fouows.. 2025 2024 Numberof staff No employee received employee benefits of more than £60,(M)O during the year (2024: Nil). Trustee remuneratlon and expenses No remuneration was received by any of the trustees. 10. Debtors 2025 2024 Prepayments and accrued inrne 78 10-
Rolvenden Pre-school Notes to the Financial Statements (condnu8d) Year ended 31 August 2025 11. Credltors: amounts falling due withln onè yèar 2025 2024 Accruals and deferred income Social $8CUrity and other taxes 276 1T7 264 242 453 506 11 Penslons and other post retirement beneflts Defined Contributlon plans The amount recognised in income or expenditure as an expense in relation to éefine contribution plans was £76912024.. £648). 13. Analysls of charitable funds Unrestricted funds At I September 2024 31 August 20 25 Income Expenditure Unrestrict8d funds 32.703 64,435 (61,495) 35,643 At 31 August 20 24 1 September 2023 Income Expenditure Unrestricted funds 42,090 59.623 169,0101 32.703 14. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Current assets Creditors less than 1 year Net assets 36.096 1453) 35,643 36,096 14531 35,643 Unrestricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assets 33,208 15051 32,703 33,208 15051 32,703 11
Rolvenden Prechool Notes to the Financial Statements Year ended 31 August 2025 15. knalysls of ¢h¥ng¢s In n¢t debt At At 1 Sep 2024 Cash flows 31 Aug 2025 sh at bank and in hand 33.131 2,965 36,096 16. Related parties No trdnsactions related parties Ithich require dedaratic were undertaken. -12-
Rolvenden Pre-school Management Infonnation Year ended 31 August 2025 Thè followlng pages do not fomi part of the financial statements. -13-
Rolvenden Pre-school Detailed Statement of Financial Activities Year ènded 31 August 2025 2025 2024 Income and endowments Charitable activities Income from non-inveslment propety in furtheran of the charitys objects Payments from govemments or public authoritses in the normal course of trading 8A08 13.828 55,828 64,236 45,599 59,427 Investmerrt income Bank interest receivable 199 196 Total Income 64,435 59.623 Expendtture Expendlture on eharltable activittes Wag2s and salari8s Pension costs Other post-retirement benefrts Rent Repairs and maintenan Insurance Motor vehicle èxpenseg Other motorltravel costs Legal and professh)nal fees other office costs Amortisation 48,004 769 531 7,500 1.249 798 440 85 1,156 751 212 48,702 648 130 7.500 7.634 887 594 1,114 1,003 713 61.495 69,010 Total expendlturè 61.495 69,010 Net incomellexpenditure) 2,940 19,3871 -14-
Rolvenden Pre-school Notes to the Detailed Statement of Financial Activities Year ended 31 August 2025 2025 2024 Expenditure on charitable activities Operations of the school Activities undertaken dlrecty Staff wages Staff pension contributions staff training and unrform Rent Repairs, replacements and maintenance Insurance Direct costs relating to specific events Offsted and ICO fees Accountsncy fees Offi¢elStaff administration costs Officelstaff sundry costs 48,004 769 531 7.500 1.249 798 48,702 130 7.500 7,634 887 594 85 1.114 1.003 713 85 1,156 751 212 61,495 69,010 Expendlture C•n charltablo activities 61,495 69.010 15-