THE RINGWOOD WALDORF SCHOOL
COMPANY NUMBER: 08645246
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
Introduction
The Trustees present their annual report and the audited financial statements for the year
ended 31 August 2025.
The legal and administrative information set out on below forms part of this report. The
financial statements comply with current statutory requirements. the Memorandum and
Articles of Association, the requirements of the Charities Acl 2011, the Charities SORP (FRS
102) and the Companies Act 2006.
Reference and administrative details
The organisation is a charitable company limited by guarantee, incorporated on 9 August 2013
and registered as a charity on 25 September 2014.
The company was established under a Memorandum of Association, which established the
objects and powers of the charitable company and is govemed under its articles of association.
Registered Company Number
Registered Charity Number
08645246
1158673
Principal I registered address
Ringwood Waldorf School, Folly Farm Lane, Ashley,
Ringwood, Hampshire, BH24 2NN
Directors l Trustees during the year
and to date:
G Patrick
H Vekria
A Dunford
S Crook
L Dawes (appointed 12 Nov 2024)
P Coote (appointed 20 Nov 2024)
A Mantzouratou {appointed 20 Nov 2024)
J Quarrie (appointed 14 Oct 2025)
S Wilson-Devane (resigned 18 Nov 2024)
D Samann (resigned 7 Nov 2025)
Bankers
Triodos Bank. Deanery Road, Bristol, BS15AS
Lloyds Bank. 25 Gresham St, London EC2V 7HN.
Auditors
Knight Goodhead Limited, 7 Bournemouth Road,
Chandlerfs Ford, Eastleigh, Hampshi￿, S053 3DA

RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
Structure Governance and Mana
ement
Governing Document
The charity operates under a Memorandum and Articles of Association.
Appointment, Retirement and Training of the Trustees
There are currently eight active trustees. The Board welcomes additional suitable trustees to
join and interested parties are encouraged to contact the school by email to find out more
about becoming a trustee.
Trustees retire by rotation after three years of service but may offer themselves for
reappointment at the Annual General Meeting of the members. Trustees take a break from
office every six years. unless it is deemed by the Board to be in the best interests of Ihe Charity
that they rernain.
Members
All parents and guardians of pupils at the school are invited to become members of the charity.
Membership is also op8n to other individuals connected with the school. Members are
consulted, where appropriate, on matters relating to the school and are invited to attend the
school's Annual General Meeting. The trustees welcome the views and ideas of members,
recognising their important contribution to the wellbeing and development of the school.
Governance of the Charity
The trustees have specific roles underpinned by the requirements of the Charity Commission,
the Department for Education and the school's Articles of Association. The Department for
Education also holds the Board accountable for ￿rtain areas of school operation.
The Board has overall accountability for governance, operations and finance. Individual
trustees are assigned responsibilities based on their skills and experience, ensuring effective
oversight across all key areas.
Leadership in the School
strategic operational leadership of the school is held by the School Leadership Team (SLT).
Day-to-day management is delegated to the School Management Team (SMT), whose
members are all staff of the school. The SMT is chaired by the School Lead.
Leadership and management responsibilities cover all core operational areas including
curriculum, quality of education, human reSoUr￿s, finance, safeguarding, administration. data
protection, health and safety, and communication.

RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
Students
The students of the whole school are the primary stakeholders, and all activities are carried
out in their interest and for their benefit.
There are currently 248 children enrolled across the school (January 2026). The school has
capacity for additional pupils in a number of classes and continues to take active steps to
support sustainable growth in pupil numbers.
Parents and Community Group
The parent-led community group plays a vital role within the school. It is responsible for
organising events and raising funds in support of the school and its development.
The school benefits from a highly supportive, committed and skilled parent body. Parents
regularly contribute time, expertise and practical support across areas such as maintenance,
gardening, cleaning and fundraising. Equally important is their role in fostering a strong, caring
and resilient school community. This culture of generosity and shared responsibility continues
to be a significant strength of the school.
Risk Management
The trustees have given due consideration to the major risks to which the charity is exposed
and are satisfied that appropriate systems and procedures are in place to manage these risks,
or that steps are being taken to establish such systems where required.
ects of the Charit
Our Objective
The charitable purpose of the school is the advancement of education for the public benefit.
The school offers a broad and balanced curriculum for children and young people up to the
age of 18, delivered in accordance with the principles of Dr Rudolf Steiner (1861-1925).
The school also seeks to support those connected with it to engage meaningfully with its
activities, experience the cultural benefits offered, and develop an understsnding of the
purpose and ethos of Steiner Waldorf Education.
Our Wision
The school aims to provide an educational environment in which each student can develop
and fulfil their potential, build Self-confiden￿ and cultivate a desire to contribute positively to
the wider community. In doing so, students are prepared for the opportunities, responsibilities
and experiences of later life.
Dynamic and responsive to the needs of its community, Ringwood Waldorf School aspires lo
be a centre of excellence for Steiner Waldorf Education in the UK.
Background
In May 2015. Ringwood Waldorf School devolved from The Shelling Trust and became an
independent charity. Today, the school provides Steiner Waldorf Education to approximately
250 pupils, supported by a parent and child group, and is a full member of the Steiner Waldorf
Schools Fellowship in the UK.

RINGWOOD WALDORF SCHOOL
{Company limited by guarantee and not having a share capital)
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
The origins of the school date back to 1974, when Christine Polyblank founded the school with
six pupils. Located on the DorseUHampshire border, close to the River Avon and the New
Forest, the school benefits from purpose-built teaching and recreational facilities, including a
separate kindergarten for younger children.
The social and organisational practices of the school are informed by the principles of the
Threefold Social Order, as developed by Rudolf Steiner, recognising the distinct yet
interrelated cultural, legal and economic aspects of society. These principles underpin both
the educational aims and the management praCtI￿S of the school.
Public Benefit
As an independent school, Ringwood Waldorf School is reliant on parental contributions,
donations and fundraising income. Parental contributions are now a legal requirement and
structured element of school income, rather than a voluntary arrangement. These
contributions are made for the benefit of the whole school community and enable the provision
of education for all pupils. while supporting agreed Community Development Goals.
A core principle of the school remains that. where possible, the education should be accessible
and affordable for families who demonstrate a connection to and understanding of the
educational ethos.
Achievements and Performance
An important part of the school's philosophy is that, where possible, the educalion should be
open to, and affordable for all applying families that demonstrate a connection to and
understanding of the education.
As an independent school, Ringwood Waldorf School is totally reliant for income on parental
contributions, donations and the proceeds of fundraising activities. The parental contributions
form the essential foundation of our community, enabling us to provide education for all
children and. over time, to meet our agreed Community Development Goals. An important
part of the school's philosophy is that, where possible, the education should be open to, and
affordable for all applying families that demonstrate a connection to and an understanding of
the education. We recognize that each familvs contribution, whatever the amount, plays a
vital role in sustaining our shared educational mission.
In October 2024. staff salaries were increased by 7.5Q/o. representing a significant step
towards improving staff remuneration and wellbeing. Long-term financial planning continues
to include further incremental salary improvements, subject to financial viability.
Vvhile management accounts in recent periods have shown break-even or modest deficit
positions, the overall financial outcome has been supported by strong engagement from the
school community and the efficiencies created through improved financial policies
implemented over recent years. As a result, the trustees are confident that the school is
operating on a stable footing.

RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
Alongside the core school budget. the community group continues to raise funds for the
Development Fund. This fund supports building projects and other strategic investments that
enhance the school environment and educational offer. A dedicated fundraising charity has
been established by experienced parent volunteers to pursue targeted funding from national
and international bodies, aligned with the School Management Team's long-term development
plans.
The kindergarten has shown consistently healthy enrolment numbers over the past three
years, and the trustees expect this positive trend to continue. Investment in the kindergarten
project has translated into strong intake into Class 1, with prospective numbers for September
2026 also looking encouraging. The completion and Suc￿sS of the 'Little Kindy, has further
strengthened confidence in the school's growth pathway.
The reporting period has. however, taken place against a challenging national backdrop for
independent schools. The introduction of VAT on school fees from January 2025. increased
National Insurance costs and rising business rates have placed significant pressure on
budgets across the sector.
Despite these challenges. the trustees believe that the collective effort, commitment, and
goodwill of the school community have strengthened Ringwood Waldorf School's resilien￿.
Through careful financial stewardship, the considered use of reserves where appropriate,
and ongoing community engagement, the school has been able to navigate a demanding
financial environment with stability and responsibility. At a time when many independent
schools have been significantly affected by recent budgetary changes, the school has
remained well-positioned to continue delivering its educational mission.
Future Plans
The trustees, future plans are centred on continued and sustainable growth, as per the School
Development Plan.
At the upper end of the school. preliminary work is underway to cost and scope the long-
envisaged school extension project. completing Keir Polyblank's vision of a fully purpose-built
school. Existing planning permission allows for the expansion of the Upper School into a two-
storey classrooTll block.
The trustees will continue to strengthen the school's financial position while supporting families
through the ongoing challenges associated with VAT on fees and increased cost pressures.
Investment in marketing has been increased in order to extend the school's reach to a wider
audience. The Board is confident that this will support further growth in pupil numbers, which
an be accommodated within the current staffing structure.
The trustees remain fully committed to annual salary progression for staff, recognising that
staff wellbeing and retention are fundamental to educational quality. This commitment will
continue to be balanced carefully with the need to maintain the school's long-term financial
sustainability.

RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
In addition to ongoing operational responsibilities, the trustees will give particular attention to
the following priorities..
1. Further developing the quality of education through continued staff development,
strengthening HR and performance management, with a focus on the Upper School.
2. Increasing school income to maintain a small but healthy operating surplus, with a target
of attracting new pupils.
3. Continuing to embed a clear. effective management. governance and organisational
structure.
4. Ensure full compliance with applicable regulations and guidelines. Retain and build on
the OFSTED rating of 'Good, achieved during the school's OFSTED full inspection in
May 2025.
Financial review
For the financial period ended 31 August 2025 the charity recorded a deficit of £84,012 (2024:
surplus of £47,478). Funds at 31 August 2025 total £3,293.863 (2024: £3,377.875) of which
£3.014.236 relate to designated funds (mainly represented by property). General funds total
£276.165 (2024: £339.816} which represents one to Iwo months, worth of expenditure.
Reserves Polic
In order to be able to pay the short-tenn liabilities (less than 3 months) the trustees aim to
have a minimum amount of cash available at any moment in time of at least three months.
costs. This year the annual costs have risen to £1,870,750 per year.
Based on these numbers we aim to hold a minimum amount of £470,000 in cash on the
school's cash accounts.
On 31 August 2025 the cash at bank and in hand was £435,896, close to meeting this target.
ststement of Res
nsibilities of the Trustees
The trustees are responsible for preparing the annual report and the financial stalements in
accordan￿ with applicable law and United Kingdom Generally Accepted Accounting Praclice
(UK GA4P).
The trustees are reqUI￿d to prepare the annual report and financial statements for each
financial year. which give a true and fair view of the state of affairs of the charitable company
and of its incoming resources and application of resources, including income and expenditure,
for the period. In preparing those financial statements the trustees are required to:

RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
select suitable acGounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
stste whether applicable accounting standards and statements of recommended
practice have been followed, subject to any material departures disclosed and
explained in the financial statements. and
prepare the financial statements on a going concem basis unless it is inappropriate to
presume that the charity will Gontinue in operation.
The trustees are responsible for keeping adequate accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and which enable them
to ensure that the financial statements comply with the Companies AGt 2006. The trustees are
also responsible for safeguarding the assets of the charity and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
So far as the trustees are aware, there is no relevant audit information (information needed
by the company's auditors in connection with preparing their report) of which the company's
auditors are unaware. Each trustee has laken all the steps that he ought to have taken as a
trustee in order to make themselves aware of any relevant audit information and to establish
that the company's auditors are aware of that information.
This report has been p￿ pared in accordance with the special provisions of Part 15 of the
Companies Act 2006 relating to small companies. and complies with the charity's governing
docurnent and The Statement of Recommended Practi￿.. Accounting and Reporting by
Charities using FRS 102.
Approved by the trust8es and signed on their behalf by..
Harry Vekria
On behalf of th8 Board of Trustees
(O

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF THE RINGWOOD WALDORF SCHOOL
OPINION
We have audited the financial statements of The Ringwood Waldorf School for the year ended 31 August
2025, which comprises the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and
the related note5, including a summary of significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards,
including Financial Reporting Standard 102= The Financial Reporting Standard applicable in the UK and
Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion:
the accounts give a true and fair view of the state of the charitable company's affairs as at 31 August
2025 and of the income and expenditure of the company for the year then ended;
the accounts have been properly prepared in accordance with United Kingdorn Generally Accepted
Accounting Practice; and
the accounts have been properly prepared in accordance with the requirements of the Companies Act
2006.
BASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing {UKI (ISAS {UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditorfs
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and the provision5 available for small entities, and
we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements Is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least 12 months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF THE RINGWOOD WALDORF SCHOOL
OTHER INFORMATION
The trustees are responsible for the other information. The other information comprises the information
included in the annual report other than the financial statements and our auditor's report thereon. Our
opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our a udit of the financial statements, our responsibility is to read the other information
and. in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements. we are required to determine
whether there is a material misstatement in the financial statements or a material misstatement of the other
information. If, based on the work we have performed, we conclude that there is a material misstatement of
this other information, we are required to report that fact.
We have nothing to report in this regard.
MArrERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been
received from branches not visited by us;
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not obtained all the information and explanations necessary for the purposes of our audit.
RESPONSIBILITIES OF THE TRUSTEES
As explained more fully in the statement of responsibilities of the trustees set out on page 6, the trustees are
responsible for the preparation of the financial statements and for being satisfied that they give a true and
fair view, and for such internal control as they determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustee5 are responsible for assessing the charitable companrfs
ability to continue a5 a going concern, disclosing, a5 applicable, matters related to going concern and using
the going concern basi5 of accounting unless the trustees either intend to liquidate the charitsble company or
to cease operations, or have no realistic alternative but to do so.

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF THE RINGWOOD WALDORF SCHOOL
OUR RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
We have been appointed as auditor under Companies Act 2006 and report in accordance with the Act and
relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditorfs report that include5 our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS {UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instance5 of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below:
The engagement partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations.
We identified the laws and regulations applicable to the charitable company through discussions with
trustees and other management and we assessed the extent of compliance with the laws and regulations
identified above through making enquiries of management and inspecting legal correspondence.
We assessed the susceptibility of the charitable company's financial statements to material misstatement,
including obtaining an understanding of how fraud might occur, by making enquiries of management as to
where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged
fraud and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws
and regulations.
To address the risk of fraud through management bias and override of controls, we performed analytical
procedures to identify any unusual or unexpected relationships, tested journal entries to identify unusual
transactions and investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed
procedures which included, but were not limited to:
agreeing financial statement disclosures to underlying supporting documentation;
reading the minutes of meetings of those charged with governance; and
enquiring of management as to actual and potential litigation and claims.
10

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF THE RINGWOOD WALDORF SCHOOL
There are inherent limitation5 in our audit procedures described above. The more removed that laws and
regulations are from financial transactions, the less likely it is that we would become aware of non-
compliance. Auditing standard5 also limit the audit procedures required to identify non-compliance with laws
and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal
correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as
they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. www.frc.org.uk. This description forms part of our auditorfs report.
Knight Goodhead Limited is eligible for appointment as auditor of the charitable company by virtue of its
eligibility for appointrnent as auditor of a company under section 1212 of the Companies Act 2006.
USE OF OUR REPORT
This report Is made 501ely to the charitable company's members, as a body, in accordance with section 1212
of the Companies Act 2006. Our audit work has been undertsken so that we might state to the charitable
company's members those matters we are required to state to them in an auditor's report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the charitable company's members as a body, for our audit work, for thi5 report, or for the opinions we
have formed.
CJ GOODHEAD FCA
Senior Statutory Auditor
For and on behalf of:
l O IMCVJ-K fv) 2
KNIGHT GOODHEAD LIMITED
Statutory Auditor and
Chartered Accountants
7 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire S053 3DA
11

THE RINGWOOD WALDORF SCHOOL
{Cornpany limited by guarantee and not having a share capital)
STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 AUGUST 2025
(including Income and expenditure account)
2025
Total
Funds
2024
Total
Funds
Unrestricted
Funds
Restricted
Funds
Notes
INCOME
Voluntary income
39.458
7,300
46,758
51.535
Charitable activities
1,717,072
1,717,072
1.566,083
Investment income
22,908
22,908
11,695
TOTAL INCOME
1,779.438
7,300
1,786.738
1,629,313
EXPENDITURE
Fundraising costs
11,438
3,000
14.438
12.377
Charitable activities
1,855,474
838
1.856,312
1,569,458
TOTAL EXPENDITURE
1.866,912
3,838
1,870.750
1,581.835
NEf INCOME / (EXPEND￿UREj FOR YEAR
(87,474)
3,462
{84,012)
47,478
Transfers between funds
12,13
NET MOVEMEMf IN FUNDS FOR YEAR
(87.474)
3.462
{84,012)
47.478
FUNDS AT I SEPTEMBER 2024
3,377.875
3,377,875
3,330,397
FUNDS AT 31 AUGUST 2025
3,290.401
3,462
3,293,863
3,377.875
All of the above results are derived from continuing operations. There were no other recognised gains or losse5 Qther
than those stated above. Movements in funds are disclosed in note5 12 and 13 to the financial statements.
Comparative figures are all unrestricted.
12

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
COMPANY NUMBER: 08645246
BALANCE SHEET AS AT 31 AUGUST 2025
2025
2024
Notes
FIXED ASSETS
Intangible fixed assets
Tangible fixed a55et5
8,452
3,300,053
3,338.737
3,308,505
3,338,737
CURRENT ASSETS
Debtors
Cash at bank and in hand
58,213
435,896
99,764
436,687
494,109
536,451
CREDITORS.. amounts falling due within one year
io
1243,9731
1216,7401
NET CURRENT ASSETS
250,136
319,711
TOTAL ASSETS LESS CURRENT LIABILITIES
3,558,641
3,658,448
CREDITORS: amount5 due after more than one year
li
1264.7781
1280.5731
NET ASSETS
3,293,863
3,377,875
FUNDS
Restricted funds
Unrestricted funds
General funds
Designated fund5
Total unrestricted funds
12
3.462
13
13
276,165
3.014,236
339,816
3.038.059
3,290.401
3,377.875
TOTAL FUNDS
14
3,293,863
3,377.875
Approved by the board oftrustees on l o yvI￿ 2D I<
and signed on its behalf by
Trustee
13

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
CASHFLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
2025
2024
Notes
NET CASH FLOW PROVIDED BY OPERATING AcfiviTIES
303
79,822
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received
22,908
11,695
CASH FLOWS FROM FINANCING ACTIVITIES
Purchase of fixed assets
Historic VAT reclaim on fixed assets
Repayments of borrowing
115,805)
5,381
(13,578)
141,147)
112,130)
NET CASH FLOW
1791)
38,240
Change in cash and cash equivalents in the year
17911
38,240
Cash and cash equivalent at start of the year
Cash and cash equivalents at the end of the year
436,687
398,447
436,687
435,896
NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
RECONCILIATION OF NET INCOME TO NET C45H FLOW FROM OPERATING AcfiviTIES
2025
2024
Net income / (expenditure) for the year
Interest received
Depreciation
Amortisation
Decrease/lincrease) in debtors
Increase in creditors
184,0121
122,908)
37,838
2.818
41.551
25,016
47.478
{11.6951
50,827
{21,5301
14,742
Net cash flow from operating artivities
303
79,822
ANALYSIS OF CASH AND CASH EQUIVALENTS
2025
2024
Cash at bank and in hand
435,896
436,687
14

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
Atl
Sept 2024
Non cash
movements
At31
Aug 2025
3 ANALYSIS OF CHANGES IN NET DEBT
Cash flovjs
Cash at bank and in hand
436,687
17911
435,896
Debt due within one year
Debt due after one year
113,160)
(280,5731
13,578
(15,7951
15,795
115,377)
1264,778)
142,954
12,787
155,741
15

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
I ACCOUNTING POLICIES
al Accounting convention
The financial statement5 have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 2019)
(Charities SORP {FRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021
and the Companies Act 2006.
The charity meets the definition of the public benefit entity under FRS 102. A55ets and liabilities are initially
recogni5ed at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
The accounts have been prepared on the going concern basis. There are no material uncertainties about the
charity's ability to continue.
bl Income
Fee5 and contributions are accounted for net of VAT in full in the statement of financial activitie5 when receivable.
Fees received in advance are deferred and released in the subsequent accounting period.
Donations and legacies are received by way of donations and gifts and are included in full in the statement of
financial activities when receivable.
Grants are recognised in full in the statement of financial activities in the year in which they are receivable.
cl Expenditure
Expenditure is reco8nised in the period in which it is incurred.
Fundraising costs relate to the tosts incurred by the charitable company in raising funds for the charitable work.
16

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
I ACCOUNTING POLICIES Icontinuedl
d) Tan8ible fixed assets
Item5 of equipment are capitalised where the purchase price exceeds £SOO. Depreciation costs are allocated to
activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if
circumstance5 indicate their carrying value may exceed their net reali5able value and value in use.
Depreciation is provided at rates calculated to write down the cost of each asset to it5 estimated residual value
over its expected useful life. The depreciation rates in use are as follow5:
Freehold land and buildings
Fixtures. fittings & equipment
Motor vehicles
SO years straight line on buildings
3 years Straight line
25% reducing balance
el Intangible fixed assets
Intangible assets are stated in the balance sheet at cost less amortisation.
Amortisation is provided to spread the cost over the estimated useful life of the asset.
f) Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the
balance sheet date and that a payment will be required in settlement that can be estimated.
gl Funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these
criteria is charged to the fund together with a fair allocation of management Costs and overheads.
Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the
charitv.
h) Pension commitments
The charity operates a defined contributions pension scheme in accordance with the National Employment
Savings Trust INESTI. Contributions are charged in the accounts as they become payable in accordance with the
rules of the scheme.
17

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
2 LEGAL STATUS
The charity is a company limited by guarantee and has no share capital. The charitable company was incorporated
on 9 August 2013 in England and Wales and was registered on 25 September 2014 with the Charity Commission in
England and Wales. The charity is a public benefit entity.
The registered office of the charitable company is Ringwood Waldorf School. Folly Farm Lane, Ashley, Ringwood,
Hampshire, BH24 2NN.
3 INCOME
Unrestricted
funds
Restrlrted
funds
2025
Total funds
2024
Total funds
DONATIONS AND LEGACIES
General donations
Community Support
Parents and Friends
12,797
4,011
22,650
7,300
20,097
4,011
22,650
15,772
15.941
19.822
Totol donations and legacie5
39,458
7,300
46,758
51,535
CHARITABLE AcfiviTIES
Fees and contributions
Trips income
Other income
1,635,478
60,102
21,492
1,635,478
60,102
21,492
1.474,624
69,731
21,728
Total charitable activities
1,717,072
1,717,072
1.566,083
INVESTMENT INCOME
Investment income
22,908
22,908
11.695
TOTAL INCOME
1,779.438
7,300
1.786,738
1,629,313
18

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
4 EXPENDITURE
Unrestrirted
funds
Restricted
funds
2025
Total funds
2024
Total funds
FUNDRAISING COSTS
Fundraising and publicity
11.438
3,000
14,438
12,377
CHARITABLE ACTIVITIES
Employed staff costslsee note 51
School and education
Premise5 Costs
Office and administration
Van. motor, and travel expen5e5
8ank charges and interest payable
Legal and professional fees
Staff training
Bad debts
Trips
Depreciation
Amortisation
Accountancy and bookkeeping
Audit
Irrecoverable VAT
1,409.614
40.415
136.082
36.960
9.632
29.874
11.191
10.950
60.375
54.927
37.838
2.818
480
3.200
11.118
1,409,614
41,200
136,135
36,960
9,632
29,874
11,191
10,950
60,375
54,927
37,838
2,818
480
3,200
11,118
1.208.233
59.255
114.140
37.530
9.312
30.710
14.414
15.522
(41,988)
65,013
50,827
785
53
1,690
4,800
Total charitable octivities
1,855,474
838
1,856,312
1,569,458
TOTAL EXPENDITURE
1,866,912
3,838
1,870,750
1,581,835
Included within accountancy is £48012024: £1,650) payable to the auditors for other work.
19

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
EMPLOYED STAFF COSTS AND NUMBERS
No trustees were reimbursed expenses relating to travel costs during the current or prior year. No trustee
received any remuneration in the current or prior year.
Employed staff c05t5 were as follows..
2025
2024
Salariès and wages
Social security costs
Pension costs
1.282,765
104,737
22,112
1.115,166
74,914
18,153
1,409.614
1,208,233
Included in Salaries and Wages are £45,280 of payments to self employed staff (2024- £44.8091.
No employee earned more than £60,000 during this or the prior year.
The average number of employees during the year was a5 follows-
2025
No.
2024
No.
Employees
62
60
Key management were paid a total of £344,323 {2024= £316.4771 paid to 12 employees 12024= 11
employee5).
6 TAXATION
The charitable company is exempt from corporation tax as all its income 15 charitable and is applied for
charitable purposes.
20

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital}
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
INTANGIBLE FIXED ASSETS
Webslte
Totsl
COST
At I September 2024
Additions in year
Disp05als in year
11,270
11.270
At 31 August 2025
11,270
11,270
DEPRECIATION
At I September 2024
Charge for the year
Disposals in year
2,818
2,818
At 31 August 2025
2,818
2.818
NET BOOK VALUE
At 31 August 2025
8,452
8,452
At I September 2024
TANGIBLE FIXED ASSETS
Freehold
Fixtures,
land fittings and
& buildings
equipment
Motor
vehicles
Total
COST
At I September 2024
Additions in year
Disposals in year
3,441.736
37,949
4,535
{2,4081
8,565
3,488,250
4,535
(5,3811
12,973)
At 31 August 2025
3,438,763
40,076
8,565
3,487,404
DEPRECIATION
At I September 2024
Charge for the year
Disposals in year
109,983
35,112
31,823
2,511
7,707
215
149.513
37,838
At 31 August 2025
145,095
34,334
7,922
187,351
NET BOOK VALUE
At 31 August 2025
3,293,668
5,742
643
3.300,053
At I September 2024
3.331,753
6,126
858
3.338,737
21

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital}
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
9 DEBTORS
2025
2024
Contributions debtors
Other debtors
Prepayments and accrued income
31,604
5,625
20,984
70,018
6,707
23,039
58,213
99,764
10 CREOITORS: amounts falling due within one year
2025
2024
Bank loan (see note 11)
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
15,377
13,741
62.016
147,853
4,986
13,160
20,197
34,188
137,508
11,687
243.973
216,740
11 CREDITOR5: amounts falling due after more than one year
2025
2024
Bank loan
264.778
280.573
The bank loan relates to funding for the purchase of the Ringwood Waldorf School Hall. The Ringwood
Waldorf School loan was refinanced to Barclays in November 2021 and interest is charged at 2.6Yo above
base rate. The loan is secured on the school.
The bank loan is repayable by instalments as follows..
2025
2024
Within l year
15,377
13,160
Between 2 and 5 years
Over 5 years
72,464
192,314
64,327
216,246
Total falling due after more than one year
264,778
280,573
Total bank loans
280,155
293,733

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
12 MOVEMENT IN FUNDS- RESTRICTED FUNDS
At I Sept
2024
At 31 August
2025
Income
Expenditure
Transfers
RESTRICTED FUNDS:
Electrical safety grant
Donation towards PR
Minibus fundraising
Upper School development
Basketball equipment
3,000
3.000
195
1531
(3,0001
2,947
195
320
320
785
17851
Total restricted funds
7,300
13,8381
3,462
Purposes of restrictedfunds
Electrical safety grant
This grant is intended to deliver electrical safety education for children.
Donatlon towards PR
This was a donation received to be spent specifically on PR. It was fully utilised during the year.
Minibus fundralslng
This is to raise funds towards the purchase of a new minibus.
Upper School Development
This fund has been established for future capital projects to extend the Upper School buildings.
Basketball Equipment
These donations were for the purchase of basketball equipment and have been fully utilised in the year.
23

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
13 MOVEMENT IN FUNDS- UNRESTRICTED FUNDS
At I Sept
2024
Transfers
At 31 AuBUSt
2025
Income
Expendlture
DESIGNATED FUNDS..
Trips
Property capital fund
Total designated funds
60,102
154,9271
155,9301
14,4521
31,384
723
3.013.513
3,038.059
3,038,059
60,102
1110,8571
26.932
3,014,236
General funds
339.816
1,719,336
{1,756,0551
126,9321
276.165
Total unrestricted funds
3.377,875
1.779.438
(1,866,912)
3,290,401
PU￿oSe5 of designotedfvnds
Trlps
This fund relates to contributions from parents towards Ofganised trips.
Property capital fund
This fund has been created to reflect the value of land & buildings held by the Trust, net of bank loans and
property related loans outstanding at the balance sheet date.
14 ANALYSIS OF NET ASSETS BETWEEN FUNDS
2025
Restrlcted
funds
Designated
funds
General
funds
Total
funds
Intangible fixed assets
Tangible fixed assets
Net current assets
Long term liabilities
8.452
6,385
261,328
8,452
3,300.053
250,136
1264.7781
3.293.668
114,6541
{264,778)
3,462
NET ASSETS
3.462
3,014,236
276,165
3,293,863
2024
Restricted
funds
Designated
funds
General
funds
Total
funds
Tangible fixed assets
Net current assets
Long term liabilities
3.331,753
113,121)
{280,5731
6,984
332.832
3,338.737
319,711
1280,573)
NET ASSETS
3.038,059
339,816
3,377.875
24

THE RINGWOOD WALDORF SCHOOL
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
15 RELATED PARTIES
The following transactions with related parties have occurred during the year..
A number of trustees have children who attend the school as students. These trustees make contribution5
on the same terms as other parents, at the recommended rates.
During the year three family members of G Patrick, trustee. were paid salarie5 totalling £47.94112024:
£45,124) for service5 rendered.
During the year two family members of S Crook, trustee. were paid salaries totalling £29,007 {2024: £30,245)
for services rendered.
S Wilson-oevane, trustee until November 2024, is also a director of Steiner Waldorf Schools Fellowship
Limited who provide subscriptions for Ringwood Waldorf School and staff training. During the year, a total of
£17,555 {2024.' £17,982) was paid to Steiner Waldorf Schools Fellowship Limited for these services.
During the year, one trustee wa5 reimbursed £158 of expenses incurred on behalf of the charity.12024- £349
to one trustee.)
16 DONATED SERVICES AND ASSETS
There were no donated services or assets received during the year.
25

Foll}, Fortii Lane
A3hlei'
ingwoo
alrlorf
Hanipshii"e BH24 2NN
,1 (01425) 472664
Fnail@riiigwoodptr'aldnrfschool.org.uk
M:K'K'.riiigwoodM'aldorfsclio(?l.(Jrg.uL
Knight Goodhead Limited
Chartered Accountants
7 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
S053 3DA
Audit of Ringwood Waldorf School for the year ended 31 August 2025
Dear Sirs
We confirm that the following representations are made on the basis of enquiries of the trustees,
management and staff with relevant knowledge and experience land, where appropriate, of
inspection of supporting documentation) sufficient to satisfy ourselves that we can properly make
each of the following representations to you:
l. We have fulfilled our responsibilities as trustees under the Charities Act 2011 for preparing
financial statements, in accordance with the applicable financial reporting framework, United
Kingdom Generally Accepted Accounting Principles (UK GAAPI, FRS102 and the FRS 102
Charity SORP.
2. We confirm that in our opinion the financial statements give a true and fair view and in
particular that where any additional information must be disclosed in order to give a true and
fair view that information has in fact been disclosed. We confirm that the selection and
application of the accounting policies used in the preparation of the financial statements are
appropriate, and we approve these accounts for the year ended 31 August 2025.
3. We confirm that all accounting records have been made available to you for the purpose of
your audit, and that all the transaction5 undertaken by the charity have been properly
reflected and recorded in the accounting records. All other records and related information,
including minutes of all management and trustees, meetings, have been made available to
you. We have given you unrestricted access to persons within the charity in order to obtain
audit evidence and have provided any additional information that you have requested for the
purposes of your audit.
4. We confirm the charity has satisfattory title to all assets, and there are no liens or
encumbrances on the assets except for those disclosed in the financial statements.
A non-profit making Limited Company Registered as a cliarity No. 115867)

Folli, Fai'iii Laiie
A.¥hlei'
Riiigivcjod
Ilanipshire BH24 2NN
Tel (OJ425) 472664
ingwood
Idorf
177ail@ringM)o(Rlwaldorfschool.org.uk
It'll?￿,.rIng￿'c90dm'i1IdUrffs,.hooI.org.uI.
5. We confirm that significant assumptions used by us in making accounting estimates,
including those measured at fair value, are reasonable.
6. There are no liabilities, contingent liabilities or guarantees to third parties other than those
disclosed in the financial statements.
7. We confirm that all known actual or possible litigation and claims whose effects should be
considered when preparing the financial statements have been disclosed to you and
accounted for and disclosed in accordance with the applicable financial reporting framework.
8. We confirm that there have been no events since the balance sheet date, which required
disclosing or which would materially affect the amounts in the financial statements, other
than those already disclosed or included in the financial statements.
9. We confirm that the related party relationships and transactions disclosed in the accounts are
a complete list of such relationships and transactions and that we are not aware of any
further related parties or transactions.
10. We confirm that all related party relationships and transactions have been accounted for and
disclosed in accordance with the applicable financial reporting framework.
11. We confirm that the charity neither had, at any time during the year, any arrangement,
transaction or agreement to provide credit facilities {including advances and credits granted
by the charity) for trustees, nor provided guarantees of any kind on behalf of the trustees.
12. We confirm that the charity has not contracted for any capital expenditure, other than as
disclosed in the financial statements.
13. We confirm that the charity has complied with all aspects of contractual agreements that
could have a material effect on the linancial statements in the event of non-compliance.
14. We confirm that we are not aware of any possible or actual instances of non-compliance with
those laws and regulations, which provide a legal framework within which the entity
conducts its business, and which are central to the charity's ability to conduct its business,
except as explained to you and as disclosed in the financial statements.
A non-profit makiiig Limited Company Registered as a charity No. 1158673

Folli, Fariii I￿11c
/lshlei'
Riiigw'oocl
Hanipshire BH24 2NN
Tel (OJ425) 472664
Ingwood
Irlorf
niail@rinRwoodwaldorfscho(pl.org.uk
i'K'Trty ringM'oudM'aldortrschoi)l.org.iik-
15. We acknowledge our re5pon5ibility for the design and implementation of internal controls to
prevent and detect fraud. We confirm that we have disclosed to you the results of our risk
assessment of the risk of fraud in the charity.
16. There have been no deficiencies in internal control of which we are aware.
17. We confirm that there have been no actual or suspected instances of fraud involving
management or employees who have a significant role in internal control or that could have
material effect on the financial statements. We also confirm that we are not aware of any
allegations of fraud by former employees, regulators or others.
18. We confirm that, in our opinion, the charity's financial statements should be prepared on the
going concern basis on the grounds that current and future sources of funding or 5UPPQrt will
be more than adequate for the charity's needs. In reaching this conclusion, we have taken
into account all relevant matters of which we are aware, and have considered a period of at
least one year from the date on which the financial statements will be approved.
19. The effects of unadjusted misstatements are immaterial, both individually and in aggregate,
to the financial statements as a whole.
20. We confirm that we are not aware of any matters of material significance that should be
reported to the Charity Commission.
21. We confirm that all grants, donations and other income, including those subject to special
terms or conditions or received for restricted purposes, have been notified to you. There
have been no breaches of terms or conditions during the year regarding the application of
such income.
22. We acknowledge our legal re5ponsibilitie5 regarding disclosure of information to you a5
auditors and confirm that:
Y So far as each trustee is aware, there is no relevant audit information of which you as
auditors are unaware; and
Y Each trustee has taken all the steps that they ought to have taken as a trustee to make
themselves aware of any relevant audit information and to establish that you are
aware of that information.
A non-profit making Limited Company Registered as a chfirity No. 1158673

Folli, Fai-ni Lniie
Asl7lei'
Riii8FFfv'OC?d
Honipshii'e BH24 2NN
Tel (01425) 472664
Ingwoorl
Irlorf
niail@ringM'oodwaldorfsc'hvolnrg.uk
wwwJ"ingwcfrodptr'al,lorfschool.nrg.uk
23. We acknowledge that it is a criminal offence to knowingly or recklessly make to you as an
auditor, a staternent (oral or written) that conveys, or purports to convey, information or
explanations that you require in your capacity as auditor, or are entitled to require, that is
misleading, false or deceptive in a material particular.
Signed on behalf of the board of trustees,
Trustee
Trustee
A llon-profit makiiig Limited Company Registered as a charity No. 1158673