**Charity number: 1121363** ## RIVERSIDE SCHOOL FUND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 **RIVERSIDE SCHOOL FUND** ## **FOR THE YEAR ENDED 31 AUGUST 2025** ## **Contents** REFERENCE AND ADMINISTRATIVE DETAILS .......................................................................................... 1 TRUSTEES ANNUAL REPORT .................................................................................................................... 2 STATEMENT OF TRUSTEES’ FINANCIAL RESPONSIBILITIES ..................................................................... 3 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF RIVERSIDE SCHOOL FUND ........................ 4 RECEIPTS AND PAYEMENTS ACCOUNT ................................................................................................... 5 ACCOUNTING POLICIES ........................................................................................................................... 6 **RIVERSIDE SCHOOL FUND** **FOR THE YEAR ENDED 31 AUGUST 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **General information:** Charity Name: Riverside School Fund Charity Number: 1121363 For the Financial Year beginning: 01/09/2024 For the Financial Year ending: 31/08/2025 Charity’s principal address: c/o Riverside School Main Road, St Pauls Cray Orpington Kent BR5 3HS **Description of the charity’s trusts** Governing document: A constitution based on a charities commission approved governing document adopted at a general meeting on 8th October 2007. Objects of the charity: 1. To advance the education of the pupils at Riverside School by providing and assisting in the provision of facilities (Not required to be provided by the Local Authority) for education at the school. 2. To help young people, especially but not exclusively through leisure time activities, so as to develop their capabilities that they may grow to full maturity as individuals and members of society. Specific investment powers: None Professional advisors: Independent Examiners Affinia (Orpington), Chartered Accountants Lynwood House, Crofton Road, Orpington BR6 8QE **Trustees:** Steve Solomons – Chair Naomi Walters – Secretary and Treasurer Darren Jenkins The management of the fund and Trustees report to the Governing Board of Riverside School. 1 | P a g e **RIVERSIDE SCHOOL FUND** **FOR THE YEAR ENDED 31 AUGUST 2025** ## **TRUSTEES ANNUAL REPORT** ## **Activities and Achievement** The fund attempts to meet its objectives by engaging in activities and providing facilities or equipment which support the school and its pupils. The main source of income was from donations to support opportunities for learning outside the classroom including trips and curriculum activities such as cookery along with funding workshops and events. The fund also manages contributions for horse-riding. ## **Contribution to public benefit** The pupils of Riverside school have severe or profound and multiple learning difficulties. The fund enables the pupils to take part in activities that will enhance their abilities to be independent and to be part of the community. Community awareness is also developed during many of the supported events. ## **Finances** Receipts during 2024/2025 were £43,081 (2023/2024: £30,552) and payments £51,302 (2023/2024: £56,574). This represented a reduction in reserves of £8,221 (2023/2024: £26,022). Activity has been focused on adding enrichment opportunities and additional resources. Support for cookery and consumables have formed the largest areas of expenditure. The reserve stands at £13,891 (2023/2024: £22,111), which will allow further initiatives to be developed and additional equipment to be provided for the school. All expenditure is managed in line with Riverside School Finance Policy and Finance regulations. Following approval by school Governors or officers in line with delegated authority, expenditure incurred is for projects or resources for the advancement of the school. Payment is authorised by two trustees. ## **Declaration** I declare in my capacity as trustee, that the trustees have approved the above report; and authorised me to sign it on their behalf. _________________________ Steve Solomons **Chair of Trustees** _________________________ Date 2 | P a g e **RIVERSIDE SCHOOL FUND** ## **FOR THE YEAR ENDED 31 AUGUST 2025** ## **STATEMENT OF TRUSTEES’ FINANCIAL RESPONSIBILITIES** The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for: - safeguarding the assets of the School Fund and hence, for taking reasonable steps for the prevention and detection of fraud and other irregularities. - the School Fund’s accounting records and whole system of internal control and for ensuring that funds are applied in accordance with any terms and conditions attached to them and for the purposes intended. - ensuring the efficient, economical, and effective management of the resources and expenditure of the School Fund, and for ensuring that financial considerations are taken fully into account in reaching decisions. - preparing accounts for each financial period which give a true and fair view of the state of affairs of the School Fund’s receipts and payments and of the bank balance at the end of the period. In preparing the School Fund’s receipts and payment account the Trustees are required to select suitable accounting policies and apply those policies consistently making judgements and estimates that are reasonable and prudent and Trustees are required to prepare the receipts and payments account on a going concern basis unless it is inappropriate to presume that the School Fund will continue to operate. 3 | P a g e **RIVERSIDE SCHOOL FUND** ## **FOR THE YEAR ENDED 31 AUGUST 2025** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF RIVERSIDE SCHOOL FUND** I report to the Trustees on my examination of the accounts of the Charity (“the Trust”) for the year ended 31 August 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I 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. I 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: - accounting records were not kept in respect of the Charity as required by section 130 of the Act; or - the accounts do not accord with those records. I 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. Louise Hallsworth FCA ## **For and on behalf of Affinia (Orpington)** **Chartered Accountants** Lynwood House Crofton Road Orpington Kent BR6 8QE 4 | P a g e **RIVERSIDE SCHOOL FUND** ## **FOR THE YEAR ENDED 31 AUGUST 2025** |**RECEIPTS AND PAYEMENTS**|**ACCOUNT**||| |---|---|---|---| |**RECEIPTS**|**2025**|**2024**|| ||**£**|**£**|| |Class Resources and visits|-|-|| |Charities|806|1,748|| |Bank Interest|192|441|| |Donations|11,365|4,915|| |Cookery/Tuck shop|-|-|| |Misc Income|1,445|1,171|| |Riverside Lounge|22,225|16,207|| |Trip income|7,048|6,070|| |**TOTAL**|**43,081**|**30,552**|| |**PAYMENTS**|**2025**|**2024**|| ||**£**|**£**|| |Class Resources and visits|-|-|| |Charities|806|3,022|| |Donations to Riverside School|-|-|| |Donations – Other|-|-|| |Cookery/Tuck shop|8,471|14,752|| |Misc Expenses|5,778|6,451|| |Riverside Lounge|21,170|15,427|| |Trip expenditure|13,477|15,471|| |Professional Fees|1,600|1,450|| |**TOTAL**|**51,302**|**56,573**|| |**(EXCESS) / SURPLUS OF PAYMENTS OVER RECEIPTS**|**(8,221)**|**(26,021)**|| ||**2025**|**2024**|| |Represented by:|**£**|**£**|| |Balance b/fwd.|22,112|48,133|| |Movement in the year|(8,221)|(26,021)|| |**Closing balance c/fwd.**|**13,891**|**22,112**|| ||**2025**|**2024**|| |Made up of:|**£**|**£**|| |Bank Current Account|344|9,057|| |Bank deposit Account|13,538|13,046|| |Cash in hand|9|9|| |**TOTAL**|**13,891**|**22,112**|| |________________________|________________________||| |**Chair of Trustees**||**Treasurer**|| |________________________|________________________||| |Date|||Date| 5 | P a g e **RIVERSIDE SCHOOL FUND** **FOR THE YEAR ENDED 31 AUGUST 2025** ## **ACCOUNTING POLICIES** ## **1. Basis of Accounting** The financial statements have been prepared in accordance with the historical cost convention and on a Receipts and Payments basis. ## **2. Fixed Assets** Fixed Assets are not capitalised but are recognised as payments in the Receipts and Payments Account of the period in which they are purchased, under the relevant expenditure heading. ## **3. Value Added Taxation** VAT on expenditure incurred by the Voluntary Fund account is irrecoverable. Expenditure is therefore stated in the Receipts and Payments Account inclusive of VAT, where applicable. 6 | P a g e