RIVERSIDE PRE-SCHOOL CIO REGISTERED CHARITY NUMBER 1178444 FINANCIAL STATEMENTS 31 JULY 2025
RIVERSIDE PRE-SCHOOL ao FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 Contents Pa8e Trustees Annual Report Reference and Administration Information Structure, Governance and Management Objectives and Activities Achievements and Performance Financial Revlew Statement of Committee Members and Trustees Responsibilitles 34 6-7 Report of The Independent Examlner Statement of Flnanclal A¢tlvftles io Charity 8alan¢e She•t li Noles to the A¢¢ounts 12-17
RIVERSIDE PRE-SCHOOL CIO TRUSTEES ANNUAL REPORT YEAR ENDED 31° JULY 2025 REFERENCE AND ADMINISTRATIVE INFORW4Th0N Introduction The accounts for Rlverslde Pre-school CIO are presented forthe financlal year ended 31 july 2025. The financial statements have been prepared in attordan with the "Accountln8 and Reporting by Charftles.. Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance wf(h the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 leffective l January 20191-. RNerside P-sChOol CIO Is a charlty reglstered wlth the arIty Commlsslon (reference no. 11784441. Address ab)d princlpal office of the School RNerside Pre-school CIO Manor Farm Road Bltteme Park Southampton S018 INX The Comm•ltee and Trurtees of the Chartty Rachel McNicol- Chair Rebecca Reeves-Treasurer Michele Stride joseph Hadfield Rachel Gre80ry Jennwer Swan - reslgned 17 september 2024 Tessa Deans Laura Fry Madaleine Richard50n-Wakers Mlranda Poore Indeptndert Ex•mlners Azets Audlt Seryl Gateway House Toll8ate Chandlers Ford Southampton Hampshire S053 3TG
RIVERSIDE PRE-SCHOOL CIO TRUSTEES ANNUAL REPORT YEAR ENDED 31° JULY 2025 STRuuRE. GOVERNANCE AND MANAGEMEKr Backgmund Inforniatlon Riverside Pr&School CIO is a non-profrt making registered charity governed under its constltutlon dated IO, July 2019 whlch establlshes the pre-sthool as a b¢)dy in membership of the Ear Years Alliance. A5 Stated in th constitution, the overall management and control of the pre-school wlll rest wlth the Indlvidual members of the pre-school's Management Commlttee (the Committee), As well as being re5wnsible for the management of the prfrschool, the Commtttee members are also the charity trustees of the pre-school. Pollcy for Recrultmenl and Appointment of N•w Trustees New Trustees are elected or re-elerted the Annual General Meeling held each year. The minimum number of trustees shall be no less than 3 and no more than 12 atto8ether. To encourage pantaI Invofvement, at least two thlrds of the tharlty trustees shall nornia1 at the time of elecllon be famlty members. In the event that this figure cannot be achieved however, the CIO may elect afflllate members to rnake up the balance of the charlty trustees. Dlsclosure and Barrfn8 Servlce IDBSI checks are carrbed out on all commlttèe members and are updated In line wlth 5talulory requirements. Each member ha5 an Informatlon 8uide and a designated role booklet and si8n5 this lo a8ree to abide by the code of practite and confidentlaltty. Rel•tionships with Related P•rtles All trustees give their time voluntarity and receive no remuneratlon or other benefits from the school. They are relmbursèd for any expenses they incur while carryin8 Out duties furtherlng the alms of the Pre-school. There are no related part*s as defined by Financial Reportlng Standard 8 'Related Party Dlsdosures.. Governance Arrangements for setling pay and remuneratlon of key management personnel and Jny benchmarks, parameters or criteria used. Rlsk Revlew The trustees have assessed all malor rlsks whlch have been rleWed and system5 or procedures have been established to mana8e those rlsks.
RIVERSIDE PRE-SCHOOL CIO TRUSTEES ANNUAL REPORT YEAR ENDED 3111JuLY 2025 In setting our obiedives and planning our actriities our trustees have given serious conslderation to the Charity Commission's 8eneral guidance on public benefrt and in partscularihe advancement of Early Years through: al Offeriry appropriate play. education and care facilities, farnily learning and extended hours groups. together wfth the right of pantS to take reswnsibility for and to becomÈ invofved In the activities of such group5, ensurin8 that such 8roup5 offer oppJrtunitie5 for all children. bl Encoura8in8 the study of the needs of such children and their families and promotlng publlc Interest In, and reco8nition of, such needs in the local areas. cl Insti8atin8 and adherin8 to and furthering the aims and oblectfves of the Early Years Alliance. *Ati¥ities undertaken for the publlc benefit At Riverside Pre-school CIO we belwe in the concept of lrfelon8 learnin8 and that both adults and chlldren learn thln8s every day. We malntaln that learnlng should be a rewardin8 and enjoyable experlence for everyone and most Importantty R shoukl be fun, helplng us to give children secure foundatlons on which future leaTnln8 can be bullt upon. We use ihe Statutory Framework for the Early Years Foundatlon Stage IEYFS: Department of Education. September 20241, which outlines the learnin8 and development, assessment, safeguardlng and wellare requirernents for chlhlren from birth to five. Thls framework Is supported by non-statutory guldance- Early Yeats Oulo)me5 In the EYFS and a Know How guide.. the EYFS pro8res5 theck JI Iwo. Early Years Outcomes demonstrates how the four themes of the EYFS framework, and the princlples which inform them, work together to support bables and chlldren. Whh the new Framework the observatknn checkpolnts can help the practitlpner to notlce more when a chlld Is falllng behlnd and offer strate8les or help for the child. e5peclallv dSsadvantaged children, spendlng more tlme wlth the chlldren throu8h play and learnlng and less on unnecessary papepmork For the year 2024-2S we continued with our cultural celebrations including Dlwall, Christmas, Chlne5e New Year and Ramadan. Each year we Ilke to look at our families. cufture5 to see If there Is anything they would like us to celebrate as part of their culture. We also participate in Workl Book Day where chlldren and adults can dress up as a Character from a book. Our ladrfs day and blg boy5, day have been very popular when we welcome parents or close famitylfriends to come and play with their child. We also enjoyed Family weeL for those familie5 With younger children. provlding a chance to introduce pre-school to the next inlake. We contlnue to have Stro relatlonshlps wlth the local communlty usln8 the local Bitterne Park Stores for frurt and vegetables and our visits to Speedwell Court Residential Care Home, and althou8h we no longer run a 5ettinB at St Deny5, we hold m05t of our communlty events from the Church Centre. We also have great connections to The Church of Ascension. Vi5Ttin8 at ChtmaS. Easter and over the summer temi. All children are wekorne(l at Rlverside regardless of personal background, falth or gender. In October 2024 we received noirficaiion in writin8 from Bitteme Park Primary school that from July 2025 Rp4er5ide needed to vacate the school premises.
RIVERSIDE PRE-SCHOOL CIO TRUSTEES ANNUAL REPORT YEAR ENDED 31" JULY 2025 The Committee explored various options and consutted wrth all relevant 5takeholder5. A decision wa5 taken on 21 January 2025 to c105e the pre-school at the end of July 2025 as it would not be 5UStainable in the lon8 tem. Investment Pollcy Any surplus funds after all debts are pald wlll be dlstrlbuted to other charrtable pre-schoo15, in Ilne with the constilutlon and with the written agreement of the Early Years Alllance. thls is likely lo be around mid 2026. Volunteer ¢ontrlbutlons No parental volunteers this year.
RIVERSIDE PRE-SCHOOL CIO TRusfEES ANNUAL REPORT YEAR ENDED 31" JULY 2025 ACHIEVEMENT5 AND PERFORMANCE 2024-25: Autumn Term- Ail chlldren and staff settled In well from September 2024. AralS and departures ran smoothly. The flrst main event of the year15 the Macmlllan coffee mornlng and Hallett photography session. Thls year we saw prevlous pants/chIldren as well as the extstin8 children and along wlth some of 0urfure chlldren that wlll be attendlng next year. All supwrted the cause. and most famllbes also had a photo taken which Is one of our fundraising event5. Local churth visits and performance5 of nativity plays by ihe children were a huge success and most of our famllles were there to watch the children perform. The slaff ihls year had rehearsed thelr Ilnes for the JKk and the 8eanstslk pantomime which the chlldren loved and joined in wlth. The chlldren san81ots of thelr favourrte sonBs durin8 their 8rnduations, whkh were buizlng wtth proud parents and relate5. One of our staff members left In January 2025 and two apprentiees completed their level 2 quallflcation. Due to the closure news, fundraisin8 wa5 limited. In the Sprin8 term we contlnued to sell our ever- popular tomato, cucumber and pepper plants, thanks to our lovety volunteer who Is over 92 years old and a hu8e SUprter of the pre-school. The money ralsed was used towards a school educatlonal workshop where the Reptlle Academy brought In varlous spec*s for the children to enjoy, and what a success this was. We celebrated the success of the pre-school with parents, local Authority, kncal community and staff by Inviting them to an aftemoon tea. We supported our current parents and children wbth a lovely day trip to the fami. The maborty of the staff team ceased employment in ju 2025. A skeleton staff have been retained to complete the closure activlties. Future Plans 202>26 Next yearfs focus will be winding down the charity and distributing our excess fvnds according to our constltLrtlon.
RIVERSIDE PRE-SCHOOL CIO TRusfEES ANNUAL REPORT YEAR ENDED 3111 JULY 2025 FINANaAL REVIEW Results for the Year ended 31 July 2025 St f Fi Total incoming SoUrceS for the Pre-sthool In 2024-25 amounted to £594,64512023-24: £537,1791- The principal funding source of the Pre.School Is Grant fundlng e1ved from southampton Clty Council. In 2024-25 this was £426,91712023-24 £383,noi. Total resources expended amounted to £763.27612023-24 £527.2841 and the net rnovement in funds for the year showed a de¢rea5e of £168,63112023-241£9,8951. The remainlng surplus wlll be dlstrlbuted accordin8 to our Constrtutlon. Balan The Pre-school's net assets as of 31 ju 2025 amounted to £141351131 July 2024 £310,982). The Pre-school'5 main c05t is staff wages, and this Is pald equally over twelve calendar months. The Pre.School's maln Income Is recefved from the Nursery Edutatlon Grant and this is received month. Glven that cash flow management Ss so Important, the Pre-school has reviewed several financlal policies throughout 2024-25 to ensure there were funds available for the statutory payments that were due to be paid to slaft due lo the pre.school closure. The end of year balance for monles held In deposlt accounts was E109,77712024: £281.2991. This represents the Pre-schoofs Ilquld reserves. The balante sheet shows lotal unrestrlcted funds equal to net assets of £142.351131 July 2024 £310,982). It is the pollcy of the trustees to Maintain reseThe5 sufficlenl lo c(Nerthe followin8 item5 as permltted by the Charity Commission: Statutory and contractual obli8ailons in the event of windlng up the charty: Re5ÈNes sufficient to cover liabilities to HMRC for PAYE and Natlonal Insurance conlrlbutlon5, where these are not already covered by accrued liabilty ReseNes sufficient to coverstatutory severance in the event of windin8 up the pre-school le.8. redundanq, piymenl in Ileu of notlce, etc.) Resee5 sufficient tocoverstatutory holiday attrued by staff where these are not alreadv covered by accrued liability Reserves to cover other preferred creditors {e.8. bank) rf not covered by accrued liability Reserves suffKlent to repay any restricted funds where these are not otherwise protected In the accounts Reserve5 to pay any contractual obll8atlons under the lease Reseryes sufflclent to cover any other contractual obligations le.8. contracts for services)
RIVERSIDE PRE-SCHOOL CIO TRUSTEES ANNUAL REPORT YEAR ENDED 31° JULY 20Z5 Contingency funds to cover eImated cytlical fluctuitions in demand and revenue, and any other unexpected demands on funds.. Rlverslde Pre-school CIO bs dependent on one maln fundin8 sourte (the Nursery Education Grantl, a change In Govemment pollcy could reduce the amount of the grants given or could introduce new condltlon5 whlch ml8ht restrKt the amount of funding that pre- school could daim. Whilst these scenarios mayseem remote, the pre-school has to ensure that suffKient funds would be available to cover cost5 whi15t alternale funding streams were identified and accessed Deslgnated funds reserved for any specific prolects and planned atte5 may from time to time be necessary: Rlverslde p-School CIO holds a waltlng Ilst for places requlred Sn the next three years. The name5 of young children and babies both in our catchment area and outslde of the catchment area are recorded on the 11st. Trustees should regular revlew the need for and vlabllty of expanslon, elther wlthln the origlnal settlng or in an additional location. Reserye5 may be used to fund some of the staffin8 or set up costs in an expanded pre. school In the year ended 31 July 2025 the trustees were reqvlred to draw on the reseNes In order to cover the costs of statutory severance on the closure of ihe pre-school. In line wlth the constitution anv remalnSng funds after all liabillties have been settled wlll be dlstrlbuted to other charltable prfrschool once approval has been Sought from the Earty Years Alliance and Charrty Comrni5510n. Buslness rfsk revlew The Commlttee of Rlverslde PrÈ.sthool CIO has ovèrall responslbllltyforènsurin8 that the organisatn has approprlate control systems. The Commlttee. through Its trustees and staff, a responsible for keeping proper accountln8 record5 whlch dlsc105e wlth reasonable accuracy at any time the financial P051tlon of the organisatlon. The Commlttee Is also responslble for safeguardlng the a55et5 Qf the or8anisation and for takin8 reasonable steps for the prevention and detectlon of fraud and other Irre8uladlles. The Committee also take necessary steps to ensure that the or8anlsatlon ts: operatlng efflclenlty and effectfve maintalnin8 proper records of mana8ement decisions and actions using reliable financial information complyln8 wlth the relevant laws and regulatlons The Commiltee. through Its officers. undertake a review of risks (both financSal and operationall to the organisalion on an annual basis and add items to the review during the course of each year. The review will Sdentify risks, the level of risk Ihigh/low probability, hh/loW impact), put in place procedures to control the risk and how the risk control procedure is monitored as well a5 Ihe frequency of the monltoring. Identlflcation of hh probabilitylhpah Impacr risks will signal the need for irnmediate action by the committee. The notice to vacate the school pmiseS has led to the cessation of the pre-school. There are no expected Incoming Resources for the 2025-26 financial year. and all remaining liabilÈties wlll be settled.
RIVERSIDE PRE-SCHOOL CIO TRUMES ANNUAL REPORT YEAR ENDED 31JULY 2025 STATEMENfoFThE CONthIITTEE MEMBEfLs APIDTRUSTEES RESPIA4SI8IUTIES The Committee Is requlred to prepare finan¢lal st•ternpnts for eath financlal year whlch a true and falr vlew ol Wverside Pr+School CIO financlal actfvttles and of its financlal wsltlon at thè ènd of the year. In prep4rlng financlal statsments. a true and fair view, the Commlttee is requlred io.. Obyerye the accounts dlredlon Issued by ihe Se£retaryof State in coml•e with aiarfty Law, Includln8 the rèltvant actountiry and disclosure r•qulrem•nts. ¥nd appty sultable accountin¢ pollcles on a consistent ba45. M4kelud8em¢nts 4nd tIm•t thata reasonable and wdenL St•te whetlr applkable a(rountin8 Standards and statements of rewmmended practi¢• h•ve been followed, sublert to any rn3terlal departure5 dixl¢Md and explained in the flnancial statement& Prepore the financial statements on the goin8 conrn 515, unkss ft 15 Inipprowiate to presume that the charity will conlinue In operlon. Urd•r lppl1cae to thrltbes In Entsnd and Wales, the Commtttee Ls re$ponsible for k•eplr •¢¢ountln8 records whkh dlsdose wlth reasonab the finand•l pos1tn of the charlty, aThl whlch enable the Comrnlttee to ensure that the Ilnan¢lal statements ¢Dmpfy wlth the applKable14w. The Commltteels also responsible for safe(rd the assets of the th•rity hence for taklni soMbl• steps lorthe prevenTh)n •nd detertl¢)n of fraud ond otherlrre8ulafitle5. SO far as the Commitiee is •w•re. there Is rtlevant fiNJxll IrrformOft tsfwl th• Pr•vSCP[, Independent examlners ère unawire. Furthenntye, th Treasurer has taken all the 5tepsthat she OU8ht to have tktn tts make herself aware of 8ny relevant InformaJon and to establtsh thai the Pre- Independent examlners are aware of that informatim. MRS REBECCA REEVES TREA5UREn ON 8EHALF OF TrIE COMMIVEE RTSIde Pr*WK>oI CIO D•te,' 311 i lis
RIVERSIDE PRE-SCHOOL CIO INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF RIVERSIDE PRE-SCHOOL CIO FOR THE YEAR ENDED 31 JULY 2025 I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2025 whlch are set out on pa8e5 10 to 17. Responslbllllle5 and basls of r•port As tht charitvs trustees you are responsible the preparation of the accounts in 4¢cordance with the requirements of the Charities Act 2011 Ithe l£VI. I report in respect of my MinatIon of the drity5 accounts carried out under section 145 of the Act and in carrylng Dut my examination I have followed all the applicable Directlon$ 8lven ty the Charity Commission under section 14515llbl of the Act. kndependenl ex•mlner's statemert Slnce the charitvs gr05s income exceeded E250,IXSO your examiner must be a member of 3 body listed In sectlon 145 of the Act. I collfirm that l am qualified to undertake the examination because l am a member of ACCA, which Is one of the listed bodie5. I have completed my examination. l conflrm that no matertal matters have come to my attentlon In connectlon with the examinati¢)n giving me cause to believe that In any fiterial respert.. accountin8 fttords were not kept in resped of the charity as required by section 130 of ihe Act,. or the accounts do not accord wlth those records- or the accounts do not compty wth the applicable requlrements concemln8 ihe f¢xm and content of accounts set out In the Charltles (Accounts and Report51 Regulatlons 2C4)8 other thon any fequirement that the accounts 8ive a 'true and fair Vie which is not a matter ccfflsidered as part of an irmlependent examlnatlon. I have no concerns and have come across no other rnatters In connertlon wh the examlnation to which attentlon should be drawn In thls report in order to enable a proper understanding of ihe accounts to be reathed. 6vits4 Jon Noble FCCA Azets Audlt Servlces Gateway House Tollgate Chandlers Ford Hampshire S053 3TG Date..
RIVERSJDE PRE.SCHOOLCK• srATEMENfoF HNANCWAcnvmES FOR ThE YEAR ENDED 31 JULY 2025 Totsl 2025 Totsl 2024 Not¢ Incom5 r•50ur(85 Grants for services Fundraistn8 actiwties Charltable adlvities- parents fees Other Income Interest received 4S7,681 2,350 112.831 13A32 8,351 383,780 4,029 131.879 8,253 9,238 Toi•l Ih¢omlng r•sour¢s 5x645 537.179 Resources expended Wages & staff ¢osts Costs of lundralsln8 Dlrect charltable expendlture Admlnistratlve expenses Depreciation 688,503 477,CQ8 23,328 49,771 1,674 25,622 22.566 2,088 Total resources expend•d 763.276 527.184 N•t In¢omlr&llout8oln81 r•sourrns for th• ar 1168,6311 9,895 Total lunds broulht forward 310,982 301.087 Total fvnds aThld forw•nl 142,351 310.982 Alllunds ore unrestrlcted 14one of the 5chool'5 17Ctsvitie5 were acquiredor di5conttnuedduring the yeor. Allof the School's reco9nlsed golns ond lossesfor the year are Included above. The note5 on poge5 12 to 17Aomi ofundumentolportof tIsefinnuUISttefflents
ASA731AJLY2ts25 24 T0blE 4.4 Short tomi In¥1$ C•6h•tb•nk4nd InTr•nd 149263 J12,C7 Ji Cun•w¢l•blYAI CrethorJhllthduellhkn yai 1&1451 FMth 142.351 JiO.982 ofth•ch4rlty'l Xtfvlltsl th• [th•Tr 4ndEd In 4th••b1••OUthillrf#WthOs•ffl th• Thr FInel 5ts11mEntswern•FW*d hth••7w•rith 011.._.. Tr••wJr•r, on b•h•Wof fvtrsthool CLI 311IlLs
RIVERSIDE PRE.SCHI)OL ao NOTES TO THE FIIIANCIALSTATEMENTS YEAR ENDED 31 JUIY 2025 l General information Riverside Prtrschool 15 a non-profit making registered thartty gfftrned under its ¢on5t7tution and is gIstered with the Charities Commission in En8land and Wales. The address of its re8lStered office is= RNer5ide Pre-khool, Manor Fam Road, Bitterne Park, Sovthampton, S018 INX. 1.1 Basls of accouniln8 These accounts have been prepared on the basts of hi4toric cost (except that Invesknents shown at market value) In accordance with.. - Accounting and reportin8 by Charities- Charities SORP IFRS1021.' - Statement ol Recommended Pracbce applicable lo charities prepafin8 their accounts in accordance with the Finanual Rtporting Standard applica in the UK and Rtpublit of Ir?land IFRS 1021.. - with the Charities Art 2011. The financial statements have not been prepared on a 8oin8 concern bays. The Trustees have determined that the charity will cease operation5 and be wound up on 31 ju 2025. Therefore these financial statements have been prepared on a break-up basis, which 15 the basis of accountin8 for J nonoing concem entity. Assets h•¥e been valueé at their net reali5Jble val. which reflects the amount experted to be recefved on thelr sale. Disposals made or planned Igr the rtmaining ossets tan be seen in note 7. Al known liabilities, intluding provisions for employee redundancy and tonirattual obligation5 to be termlnatèd, have been recognlsed Sn full. The chaflty w511 not undertake any new artlvltles after 31 Juty 2025. The finandal statements reflert the closure ol the charity and the Ilnal distrlbutlOA of any remaining lunds aOrdIng to their constitution. The trustees have considered their responsibilities for preparing these financlal statements, whlth are based on the break-up tsasls due to the charity'5 CeatSOn of operations. The trustees are satlslled that the Information provided Is accurate and that all nttéssary steps art belng taken to ènsure an orderly ¢losure ol the chority. 2 Atcovntlni poll¢5 The followlng Ilst of attountlng polldes have been applled by the charfty INCOMING RESOURCES RecoKnltlon of Incornl resourfes These are includèd in the Statemènt of Flnancfjal Acthritles ISOFAI whert.. the charity bècornès entitled to thè resOurS,. It Is probable they will retefve the resources- and - the monetary value can be measured with suificient rellabillty. Intomini resourtts wrih rèlattd PendItuTe Where incorning resources have related expendrturt las with lundraisir$81 the incoming resources and related expendlture are ported 8ross In the SOFA Grantsand donations These are only included in the SoFAwhen the tharity ha5 untonditi¢)nal entitlement to the re50urce5. Tax reclalms on don•tlons and ths These are included in the SOFA when the Charity has uncondllional entitlement to the resources. Contraclual In¢ome and performance related yants These are only Included in the SOFA On the related goods or services have been delfvered. Gift5 in kind These are accounted for at a re?Sonale estimate of their value to the charity or the actual arrUnt realised. Gifts in kind for sale or distrlbution are Included in the accounts as @fts only when sold or distrfbuted by the charity. Gifts in kind for use by the ch3rity are included in the SOFA as incomin8 resources when re1¥able.
RIVERSIDE PRE-SCHOOL CIO NOTES TO THE FIPIANCIALsfATEMENTS contlnued YEAR ENDED 31 JULY 2025 Donated sr¥ics and fatiliti*s These are only included in incoming resources (with an equivalent amount in resources expendedl where the benefLt to the charity is reasonably quantifiable, measureable and rnaterral. The value placed on these reSoUrS Is the estimated value to the charity of the service or facility ceceived. Volunteer help The value of any voluntary help recelved is not included in the accounts but is desulbed In the trusiees. annual report. Def•rr•d Income This represent5 amounts received for future period5 and is released to incoming resources In the period for which It has been recelved. EXPENDITURE AND LIA8ILmES Uablllty reco8nltlon Liabilities are reco8nised as soon 15 there is a legal or constructNe obligation cornmittin8 the charlty to pay out resources. Gr•nts wlth p•rtorn)ance condltlons Where the charity 8ives a 8rant wlth conditions lof its payment being a specific level of service of output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provlded the speclflc service or output. Grants payable wlthout performince condhlons These are only recognised in the accounts when a comrnriment ha5 been made and there are no condltlons io be met relatin8 to the 8rant which remain in control of the charity- Pensbon costs A defined contributlon plan is a pension plan under which fixed contrlbutlons are paid into a pension fund and the Charity has no legal or constructive obligation io pay further conirlbutlons even if the hjnd does not hold suffl¢Sent assets to pay all employees ihe benefits relaiin8 to employee semce in the ¢UTrent and prSor periods. The charge for the year represents contributions payable in the year to defined contrlbution stheme5.
RIVERSIDE PRE-SCHOOL CIO NOTES TO THE HNANCJAL sfATEMEP4TS contInd YEAR ENDED 31 JULY 2025 ASSETS Tan8lble assets for use by th• <harlty Item5 are capitslised rf they can be used for more than one year and cost at least £500. Depreclatlon Depieciation is provided on tsn8ible fixed a55ets so a5 to Wrlte off the cost or valuatlon. less any estimated residual value. over their experted useful Ilfe as follows= A$t fla55 Fixture5. frttings & equlpment rnclatlon method and rnte 20% stralght Ilne Investments Those Investments quoted on a recognised stock exchange are valued at markèt value at the year end. Other Investment assets are induded at the trustees, best estimate of the market value. Restrfrted and unrestrkted lunds RestrScted funds are to be used for spe¢lfi¢ purposes as laid down by the donor. Expenditure whlch meets these criterla15 Identffied to the fund. tO8ether wilh a lair allo¢atitsn of overhead costs. Unrestricted funds are donatlons and other Incomln8 resources recelved or generated for the School's charltable purposes. 3 An•lysSs ot Incomlni resour£•s 2025 2024 Fees lor chJrltable serCeS Pre School fees 112,831 131,879 4 Analysls of resources exp•nd•d 2025 2024 al Employ**s Wages & PAYE (note 6.1) Trainin8 DB5 checks Staff welfare 679,573 472,705 3,884 386 33 477,008 832 688,503
RIVERSIDE PRE-SCHOOL CIO NOTES TO THE FINANCIAL STATEMENTS (ontl YEAR ENDED 31 JULY 2025 2025 2024 bl Olr¢d charitable expendhure Rent & rate5 Premises & insurance Consvmables / toys etc Repairs to premises l equipment Tripsla¢tr¥ities 7.909 2,039 10.045 7.592 1,745 14,243 109 1,933 3.335 23,328 25,622 cl AdmInIstIVe •xp•n Telephone Print, postage & stationery Subscriptions Computef Costs Accountancy (note 5.21 Legal expenses Advert151n8 aeanlng Bank charges Sundry Refund olschool fees Loss on dlsposal of tanglble assets 1,827 775 5,916 l.Bll 8.887 784 12,942 417 8,388 20,040 81 2.139 624 32 828 1,812 49.771 79 2,235 719 146 171 22,566 S Detslls of fertaln Items of *xp•ndltvv• 5.1 Trust•• •xp•n$•i •nd r•rnunerntlon Details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or thlrd parties lor expense$ incurred by trustees. 2025 2024 Number of trustees who were paid Michele Stride 15 pald an annual salary of £38.95312024.' £37,806) ift her ¢ap¥¢ity as Lead Prartltloner of the Pre School. She also acts as a Trustee in order to ensure efficient operation of pr(xesses. No Tru5tee5 are remunerated for thelr Trustee dutles. Durlng the year, one trustee was reimbursed £32 for expenses incurred on behalf of the chartty12024'. 1 trustee reimbursed £1461. 5.2 Fees pald to Indepondant Examlner 2025 2024 Independent examinatii Other accountancy services 4,620 3,768 8,388 4,255 4,632 8,887
RIVERSIDE PRE-SCHOOL > NOTES TO THE FINANCIALSTATEMENTS contlnu YEAR ENDED 31 JULY 21125 6 Pald •mploye•s 6.1 staff ¢osts 2025 2024 Gr wa8es, solarte5 and benefits In klnd Ernployer national insurance costs Pension Contributions 62S,930 43.968 9,675 679.573 436.517 28.635 7.553 472.705 No employee earned more than £60.Oc per annum in 2024-25 and in 202>24. 62 Aver¥8e nurnber ollulktlme equlval•nt •mploy•tt In th• y••r 2025 2024 Mana8ement Operational Admlnlstratlve Total 20 20 25 6.3 P*nslons and other p05t.retlrernent benefft5 The charity operates a detlned contributr'on pensi¢ plan tor its eMpl¢)y. The amount reco8nlsed as an expense In the perlod was É9.67512024.. £7.5531. 7 Tanilble fixed a$ts 7.1 C05t or valuallon Flxture ffttlnp and •qulpm•nt Total Balance brought fotV4ard at l Au8USt 2024 Additn5 Di5P95als Revaluation 30.642 30.642 26,753 26,753 866 Balanc• fobw¥d at 31 Juty 2025 3.023 3.025 72 A¢¢ymulattd depreclatlon and Impaknient prob151ons Balance brought forward l August 2024 Oeprttiation charge in year Eliminated on disposal 26.162 1.674 25.807 26.162 1.674 25,807 Balance carrled fonvard at Yi Jufy 2025 2029 7.3 Net book Brou8ht forward l August 2024 CarrSed lorward at 31 July 2025 4,480
17 RIVERSIDE PRE.SCHOOL ao NOTES TO THE FINANaAL sfATEMENTS (ontinued YEAR ENDED 31 JiILY 2025 Debtor5 2025 2024 Prepayments 239 239 2,768 2,768 9 Credliors 2025 2024 Accruab ènd deferred income Trade Creditors PAYE and NIC creditor Penslon contributions unpaMI 3,850 6,686 4,295 1,647 10 R•lit•d party tr•ns•ctlons No transartions have taken place with related partles that requlre dlsclosure, other than those dlsclosed in note 5.1.