CHARITY REGISTRATION NUMBER: 1051221
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Richmond Methodist Primary School Fund Unaudited Financial Statements 31 March 2025
JAN CRISOP ACCOUNTANCY Chartered accountants Unit 1, Borough House Business Centre, 5 Borough Road, Richmond, North Yorkshire DL10 4SX
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Richmond Methodist Primary School Fund
Financial Statements
Year ended 31 March 2025
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|Trustee's|annual|report|1|
|Independent|examiner's|report|to|the|trustee|3|
|Statement of financial activities|4|
|_|Statement of financial|position|5|
|Notes|to|the|financial|statements|6|
|The following|pages|do|not form|part of the|financial|statements|
|Detailed|statement|of financial|activities|12|
|Notes|to|the detailed|statement of financial|activities|13|
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Richmond Methodist Primary School Fund
Trustee's Annual Report
Year ended 31 March 2025 eee te lem nc Theendedtrustee31 Marchpresents2025. her report and the unaudited financial statements of the charity for the year
Reference and administrative details
Registered charity name Richmond Methodist Primary Schoo] Fund Charity registration number 1051221 Principal office Richmond Methodist Primary Schoo! Fund Darlington Road Richmond North Yorkshire DL10 7AW
The trustee
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K Bradiey
Independent examiner RI Crisop FCA Unit 1, Borough House Business Centre, 5 Borough Road, Richmond, North Yorkshire DL10 4SX
Structure, governance and management
The governing document of the charity was adopted on 13th September 1995. The charity is governed and managed by the trustee(s).
Objectives and activities
The objects and activities of the charity are to advance the education of the Richmond Methodist SchoolSchool. by assisting in the provision of funding and services for the Richmond Methodist Primary
Achievements and performance
The charity has achieved its objectives and activities this year,
Financial review
The charity has a funds policy of three months expenditure and this is currently being met comfortably. The board are happy with the financial position of the charity.
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Richmond Methodist Primary School Fund
Trustee's Annual Report (continued
Year ended 31 March 2025
The trustee's annual report was approved on 14 May 2025 and signed on behalf of the board of trustees by:
K BradleyCwOry Trustee
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Richmond Methodist Primary School Fund
Independent Examiner's Report to the Trustee of Richmond Methodist Primary School Fund
Year ended 31 March 2025
| report to the trustee on my examination of the financial statements of Richmond Methodist Primary Schoo! Fund (‘the charity’) for the year ended 31 March 2025.
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Responsibilities and basis of report basis of report of report report
Responsibilities and basis of report basis of report of report report : : As the trustee of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
RI Crisop FCA Independent Examiner
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Unit 1, Borough House Business Centre, 5 Borough Road, Richmond, North Yorkshire DL10 4SX
14 May 2025
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Richmond Methodist Primary School Fund . Notes to the Financial Statements (continueg Year ended 31 March 2025 Se eae
3. Accounting policies (continued)
Financial instruments (continued)
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value costrecognisedless impairment. in income and expenditure. All other such investments are subsequently measured at
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
s Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment foss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Donations and legacies
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Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Donations
Donations 5,240 5,240 1,158 1,158
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Richmond Methodist Primary School Fund
Notes to the Financial Statements (continues)
Year ended 31 March 2025 ——_—eee
5. Other income
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|Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|Funds|2025|Funds|2024|
|Miscellaneous|a|£|£|i|
|School|receipts|3,125|3,125|4,401|1,401|
|School|photographs|302|302|308|308|
|School|visits|37,279|37,279|33,909|33,909|
|uniforms and clothing|236|236|219|219|
|40,942|40,942|35,837|35,837|
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6. Expenditure on charitable activities by fund type
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|Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|Funds|2025|Funds|2024|
|£|£|£|£|
|Charitable|activity|42,887|42,887|32,522|32,522|
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7. Expenditure on charitable activities by activity type
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|Activities|
|undertaken|Totalfunds|Total fund|
|directly|2025|2024|
|Charitable|£|E|£|
|activity|42,887|42,887|32,522|
|8.|Independent examination|fees|
|2025|2024|
|£|£|
|Fees|payable|to|the|independent|examiner|for:|
|Independent examination|of the financial statements|338|320|
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9. Staff costs
The average head count of employees during the year was Nil (2024: Nil).
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No employee received employee benefits of more than £60,000 during the year (2024: Nil).
10. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
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Richmond Methodist Primary School Fund
Notes to the Financial Statements (continueg
Year ended 31 March 2025
11. Analysis of charitable funds
Unrestricted funds
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|At|
|At|31|March 202|
|4|April 2024|Income|Expenditure|5|
|£|£|£|£|
|General funds|18,078|46,182|(42,887)|21,373|
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|At|31|March|202|
|1|April|2023|Income|Expenditure|4|
|£|£|£|£|
|General|funds|13,605|36,995|{32,522}|18,078|
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12. Analysis of net assets between funds
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|Unrestricted|Total|Funds|
|Funds|2025|
|£|£|
|Current assets|21,373|21,373|
|Unrestricted|Total|Funds|
|Funds|2024|
|ie|£|
|Current assets|18,078|18,078|
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Richmond Methodist Primary School Fund
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Management Information Year ended 31 March 2025
The following pages do not form part of the financial statements.
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Richmond Methodist Primary School Fund
Detailed Statement of Financial Activities
Year ended 31 March 2025
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|2025|2024|
|£|£|
|Income and endowments|
|Donations and|legacies|
|Donations|.|5,240|4,158|
|OtherMiscellaneousincome receipts|3,125|1,401|
|School photographs|302|308|
|School|visits|37,279|33,909|
|School|uniforms and|clothing|236|219|
|40,942|35,837|
|Total income|46,182|36,995|
|Expenditure|
|Expenditure on charitable|activities|
|School uniforms and clothing|6|-|
|Donations|5,459|--|
|Miscellaneous|payments|2,599|573|
|Schoo! visits|34,823|31,949|
|42,887|32,522|
|Total expenditure|42,887|32,522|
|Net income|3,295|4,473|
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Richmond Methodist Primary School Fund
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2025
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|2025|2024|
|ActivitiesExpenditure on charitable|activities|£|£|
|School|undertaken directly|
|uniforms and clothing|6|--|
|Donations|5,459|=|
|Miscellaneous payments|
|School|visits|_|34,8232,599|31,949573|
|42,887|32,522|
|Expenditure on charitable activities|42,887|32,522|
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