**Registered CIO Number: 1182980** ## **RINGSTEAD ROBINS PRE-SCHOOL** ## **RECEIPTS AND PAYMENTS ACCOUNTS** ## **FOR THE YEAR ENDING** **31[st] AUGUST 2025** ## **RINGSTEAD ROBINS PRE-SCHOOL** ## **FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31[st] AUGUST 2025** |Registered CIO Number:|1182980| |---|---| |Address:|Institute Buildings, 14 High Street| ||Ringstead| ||Kettering| ||Northants| ||NN14 4DA| |Trustees:|Chair – Rachael Upton| ||Kim Farden| ||Tracey Rivett| ||Chelsie Farden| ||Abigail Worst| |Bankers:|Barclays Bank, Market Street, Kettering| |Independent Examiner:|Lorraine Scullion| ||57 Bedford Road| ||Brafield on the Green| ||Northampton| ||NN7 1BD| ## **RINGSTEAD ROBINS PRE-SCHOOL** ## **FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31[st] AUGUST 2025** |**INDEX**|| |---|---| |Legal and Administrative Information|1| |Report of the Trustees|2 - 4| |Independent Examiner’s Report|5| |Receipts and Payments Accounts|6 - 8| ## **RINGSTEAD ROBINS PRE-SCHOOL** **FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31[st] AUGUST 2025 Page 2** ## **Structure, Governance & Management** Ringstead Robins Pre-School previously had a standard registration with the Charities Commission as Ringstead Playgroup number 1030590. The organisation became a registered CIO on 15[th] April 2019 and is governed by its constitution. Trustees are a mixture of staff / volunteers/parents and appointed as necessary throughout the year when a position becomes available. The potential new trustee is approved by the committee as suitable for the position at a meeting and then subsequently undergoes an induction and DBS check as standard practice. Ringstead Playgroup was removed from the Charity Commission register on 11[th] October 2019. All assets and liabilities were transferred to the new CIO Ringstead Robins Pre-School on 5[th] September 2019. . ## **Objectives & Activities** We are committed to providing the highest quality childcare at the lowest possible price, in line with our non profit-making CIO status. We work hard to ensure that all of the children in our care have a fulfilling and fun time with us. We understand that, in order for a child to thrive, it is important for them to feel good about themselves, and we place great emphasis on developing their confidence and self esteem. These are qualities that are essential to successful learning. ## **Public Benefit Statement** We provide a high quality childcare facility at the lowest possible price. We serve the local village community and surrounding towns and villages. We also work closely with the local school to ensure the transition from pre-school to big school is seamless. ## **Achievements and Performance:** Returning to the setting in September was a busy time for us as we welcomed 16 children into the setting after losing a fairly high number to big school. With local closures of nearby settings we find ourselves in the position of still attracting new starters and being able to provide the service to the local community. 16 was a good number to settle into preschool for September and we are then taking in more children in October, February and April until we are at capacity. Financially with the new funding structure through the government, we did produce a costing exercise and do anticipate being financially worse off under the new structure. We will aim to look at cost saving and increase fundraising in other areas to combat this. ## **RINGSTEAD ROBINS PRE-SCHOOL** **FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31[st] AUGUST 2025 Page 3** The majority of children who attend our Pre-school are from word of mouth or have siblings previously attending which is testament to our dedicated staff. We have also maintained a “Good” status from Ofsted when we were assessed in October 22. We were thrilled when the local Parish Council renovated the fenced garden area that they gifted Robins at the back of the setting and thanks to fundraising we have managed to spend vital funds on storage sheds, a playhouse, a climbing frame and lots of other new equipment for the children. This year has also seen us launching our new website www.ringsteadrobinspreschool.org.uk which now has a blog, policies & procedures, term dates, registration forms, calendar dates and lots more. We are really pleased with the website and feel it really benefits the setting. ## **Financial Review:** We currently have £46,941 (as of 31/08) in our current account and £1949 in our fundraising/savings account. With the setting being full the start of the Academic year 2024 this has ensured we have been able to build up the account with the extra funding and increase the hourly rates of all staff in line with minimum wage. We have increased the Senior members of staff with the same percentage. We held our big Easter Raffle which raised over £450 in March. This has become a real success over the last few years and is supported very well by parents and local businesses alike and one of our parents ran 10k for Robins and raised nearly £900 which was very appreciated. We prepared a forecasting tool for next year to ensure we work to set budgets and can forecast efficiently to build up reserves and maintain current funds however as noted above the new funding will have a negative impact on income. All fundraising activities are due to restart and ideas will be brainstormed at the next AGM which is due to take place February 2026. A fundraising strategy is in place for the next financial year. 3 of our employees are still auto-enrolled in the NEST pension scheme who fit the criteria. We also increased our fees in January 2025 to £15.50 per session and £6.00 for lunch session. We have spent funds this year on improving the setting including purchasing various storage equipment for the garden, toys and equipment for the children inside and outside including: a play house, a slide and climbing frame, a new inside kitchen and small sofa and 2 reading corners. We also bought a new laptop computer for the office as the old one was not efficient and ancient. There are no plans to recruit additional staff currently, however we are planning in undertaking training with current staff as and when needed. ## **RINGSTEAD ROBINS PRE-SCHOOL** **FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31[st] AUGUST 2025 Page 4** ## **Reserves Policy** At Ringstead Robins Pre-School we want to ensure that we have sufficient funds in our Working Capital account to enable the day to day running of our setting. We want also to ensure that we have funds available to meet any specific costs should the pre-school have to close. ## Levels of cash in Reserves We aim to hold a level of cash in reserve based on 6 months of our present annual running costs This amount should cover: - Redundancy and other costs associated with redundancy - Short term working capital, to cover fluctuations in receipts and payments or short term reductions in occupancy levels We will: - Continue to be pro-active in achieving and maintaining high occupancy levels - Review level of fees each year ## **Plans for the future** Our main objective is to ensure we can continue to run the setting safely for children and staff alike whilst being financially efficient and ensuring we are providing the very highest level of childcare possible. At the start of September 25 we have 16 children starting with additional spaces taken in October, February and April to take us to full capacity. We are also devising a recruitment strategy to ensure we can replace the children that will be leaving the setting in July’26 to go to school so our numbers remain stable in September’26. This report was approved by the trustees at a management meeting held on 20[th] February 2026 and signed on their behalf _____________________ Rachael Upton Trustee ## ## ## ## |`INDEX`|| |---|---| |`Legal and Administrative Information`|`1`| |`Report of the Trustees`|`2-4`| |`Independent Examiner's Report`|`5`| |`Receipts and Payments Accounts`|`6-8`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |`FOR THE YEAR ENDED 31ST AUGUST `|`2025`||||| |---|---|---|---|---|---| |||||`31.08.25`|`31.08.24`| |`Receipts and Payments account`||`Unrestricted `|`Restricted`|`Total`|`Total`| ||`Notes`|`£`|`£`|`£`|`£`| |`Receipts`|||||| |`Grant NCC`||`73,573.79`||`73,573.79`|`62,012.72`| |`Fees`||`18,889.30`||`18,889.30`|`23,678.00`| |`Donations`|||||`365.95`| |`Fundraising`||`477.52`||`477.52`|`556.19`| |`Interest`||`40.67`||`40.67`|`34.72`| |`Other Income`|||||| |`Total Receipts for the year`||`92,981.28`||`92,981.28`|`86,647.58`| |`Payments`|||||| |`Employment Costs`|`1`|`59,744.26`||`59,744.26`|`55,239.68`| |`Insurance`||`608.18`||`608.18`|`918.79`| |`Sancks/Refreshments`||`308.89`||`308.89`|`272.43`| |`Toys/Equipment`||`1,790.69`||`1,790.69`|`552.82`| |`Activities/Materials`||`1,053.03`||`1,053.03`|`750.62`| |`Admin`||`3,162.34`||`3,162.34`|`2,875.00`| |`Cleaning Materials`||`837.20`||`837.20`|`1,276.32`| |`IT`||`2,595.52`||`2,595.52`|`388.79`| |`Fundraising`||`361.39`||`361.39`|`313.59`| |`Uniform`||`285.00`||`285.00`|`58.49`| |`Rent`||`1,440.00`||`1.440.00`|`1,440.00`| |`Equipment & Maintenance`||`4,372.92`||`4,372.92`|`2,061.84`| |`Utilities`||`4,022.32`||`4,022.32`|`3,424.39`| |`Independent Examination`||`475.00`||`475.00`|`412.50`| |`Payroll/Pension Charges`||`726.00`||`726.00`|`866.00`| |`Other Expenses`||`1,033.63`||`1,033.63`|`704.47`| |`Total payments for the Year`||`82,816.37`||`82,816.37`|`71,555.73`| |`Net Receipts / (Payments)`||`10,164.91`||`10,164.91`|`15,091.85`| |`Cash Funds at 01.09.2024`||`38,873.79`||`38,873.79`|`23,781.94`| |`Cash funds at 31.08.2025`||`49,038.70`||`49,038.70`|`38,873.79`| ## ||||`31.08.25`|`31.08.24`| |---|---|---|---|---| |||`Unrestricted Restricted`|`Total`|`Total`| |||`£`|`£`|`£`| |`Employment Costs`|`1`|||| |`Salaries`||`58.615.10`|`58,615.10`|`53,986.35`| |`ER Pension`||`1,129.16`|`1,129.16`|`992.33`| |`Training`||||`261.00`| |||`59,744.26`|`59,744.26`|`55,239.68`| ||||`31.08.25`|`31.08.24`| |---|---|---|---|---| |`STATEMENT OF ASSETS AND LIABILITIES`|`Unrestricted `|`Restricted`|`Total`|`Total`| |`Assets:`|`£`|`ε`|`£`|`ε`| |`Cash Funds`||||| |`Current Account`|`46.941.97`||`46.941.97`|`36,054.42`| |`Business Saver`|`1,949.75`||`1,949.75`|`2,772.14`| |`Cash in Hand`|`146.98`||`146.98`|`47.23`| |`Debtor - Fees`|`770.98`||`770.98`|`797.98`| |`Sundry Debtor`|`888.75`||`888.75`|`107.03`| |`Prepaid Debtors`|`610.10`||`610.10`|`760.40`| ||`51,308.53`||`51,308.53`|`40,539.20`| |`Liabilities`||||| |`Independent Examination`|`(550.00)`||`(550.00)`|`(400.00)`| |`Sundry Creditors`|`(345.60)`||`(345.60)`|`(696.13)`| ||`(895.60)`||`(895.60)`|`(1,096.13)`| ## ## ## ## ## ## ## ## ## ## ## ## |`INDEX`|| |---|---| |`Legal and Administrative Information`|`1`| |`Report of the Trustees`|`2-4`| |`Independent Examiner's Report`|`5`| |`Receipts and Payments Accounts`|`6-8`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |`FOR THE YEAR ENDED 31ST AUGUST `|`2025`||||| |---|---|---|---|---|---| |||||`31.08.25`|`31.08.24`| |`Receipts and Payments account`||`Unrestricted `|`Restricted`|`Total`|`Total`| ||`Notes`|`£`|`£`|`£`|`£`| |`Receipts`|||||| |`Grant NCC`||`73,573.79`||`73,573.79`|`62,012.72`| |`Fees`||`18,889.30`||`18,889.30`|`23,678.00`| |`Donations`|||||`365.95`| |`Fundraising`||`477.52`||`477.52`|`556.19`| |`Interest`||`40.67`||`40.67`|`34.72`| |`Other Income`|||||| |`Total Receipts for the year`||`92,981.28`||`92,981.28`|`86,647.58`| |`Payments`|||||| |`Employment Costs`|`1`|`59,744.26`||`59,744.26`|`55,239.68`| |`Insurance`||`608.18`||`608.18`|`918.79`| |`Sancks/Refreshments`||`308.89`||`308.89`|`272.43`| |`Toys/Equipment`||`1,790.69`||`1,790.69`|`552.82`| |`Activities/Materials`||`1,053.03`||`1,053.03`|`750.62`| |`Admin`||`3,162.34`||`3,162.34`|`2,875.00`| |`Cleaning Materials`||`837.20`||`837.20`|`1,276.32`| |`IT`||`2,595.52`||`2,595.52`|`388.79`| |`Fundraising`||`361.39`||`361.39`|`313.59`| |`Uniform`||`285.00`||`285.00`|`58.49`| |`Rent`||`1,440.00`||`1.440.00`|`1,440.00`| |`Equipment & Maintenance`||`4,372.92`||`4,372.92`|`2,061.84`| |`Utilities`||`4,022.32`||`4,022.32`|`3,424.39`| |`Independent Examination`||`475.00`||`475.00`|`412.50`| |`Payroll/Pension Charges`||`726.00`||`726.00`|`866.00`| |`Other Expenses`||`1,033.63`||`1,033.63`|`704.47`| |`Total payments for the Year`||`82,816.37`||`82,816.37`|`71,555.73`| |`Net Receipts / (Payments)`||`10,164.91`||`10,164.91`|`15,091.85`| |`Cash Funds at 01.09.2024`||`38,873.79`||`38,873.79`|`23,781.94`| |`Cash funds at 31.08.2025`||`49,038.70`||`49,038.70`|`38,873.79`| ## ||||`31.08.25`|`31.08.24`| |---|---|---|---|---| |||`Unrestricted Restricted`|`Total`|`Total`| |||`£`|`£`|`£`| |`Employment Costs`|`1`|||| |`Salaries`||`58.615.10`|`58,615.10`|`53,986.35`| |`ER Pension`||`1,129.16`|`1,129.16`|`992.33`| |`Training`||||`261.00`| |||`59,744.26`|`59,744.26`|`55,239.68`| ||||`31.08.25`|`31.08.24`| |---|---|---|---|---| |`STATEMENT OF ASSETS AND LIABILITIES`|`Unrestricted `|`Restricted`|`Total`|`Total`| |`Assets:`|`£`|`ε`|`£`|`ε`| |`Cash Funds`||||| |`Current Account`|`46.941.97`||`46.941.97`|`36,054.42`| |`Business Saver`|`1,949.75`||`1,949.75`|`2,772.14`| |`Cash in Hand`|`146.98`||`146.98`|`47.23`| |`Debtor - Fees`|`770.98`||`770.98`|`797.98`| |`Sundry Debtor`|`888.75`||`888.75`|`107.03`| |`Prepaid Debtors`|`610.10`||`610.10`|`760.40`| ||`51,308.53`||`51,308.53`|`40,539.20`| |`Liabilities`||||| |`Independent Examination`|`(550.00)`||`(550.00)`|`(400.00)`| |`Sundry Creditors`|`(345.60)`||`(345.60)`|`(696.13)`| ||`(895.60)`||`(895.60)`|`(1,096.13)`| ## ## ## ## ## ## ## ##