RISING FIVES PRE-SCHOOL GROUP OLD SCHOOL CAIYTEEN, FAIRCLOSE, WHITCHURCH, HAMPSHIRE RG28 7FG TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR ST THE YEAR TO 31 AUGUST 2025
Rising Fives Pre-school Group Trustees, Annual Report and Accounts for the year ended 315t August 2025 Legal and Administrative details Status Rising Fives Pre-school Group is a registered charity, charity number 270065. The principal address of the charity is The Old School Canteen, Wclls Lane, Whitchurch, Flampshire RG28 7FG. Obje¢tives of the Charity The objectives of the charity are to advance the education of children below compulsory school age. To this end, charges are levied on the users of the facilities on a 'session' basis, enabling staff and other facilities to be maintained. The trustees aim to build a gTnall surplus in order to finance any unexpected repair Costs in respect of the building occupied. PropertylHolding/Custodial Trustees 'll]e propety occupied by Rising Fives w&$ acquired in 1995 by exercise of squatters, rights. It is h¢ld in deed of trust by the following people who are named on the land Tegistry.. Doreen Lambden Sheila Kelland Eric Dunlop Yvette Watts Management Committeerrrustees Day to day running of the charity is handled by the management commtttee (trubtees). Thcy are: Wesley McAslin (Chair) (From Septemb¢T 2023) Claire Llewellyn Manning (Secretary) (From July 2020- October 2025) Chrissie Ferngrove (From November 2022 - July 2025} Louise Tr-yff¢ (From September 2023 - May 2025) Olivia Reeves (From September 2024} Joan Johnston (from Sept¢mb¢r 2024} Creorgia Maisey (from Septen]ber 2024- July 25) The Committee {management trustees) is voted in at the Annual Gen¢ral Meeting held at the beginning of each academic year. Rachel Abbott Page 2 411712026
Rising Fives Pre-school Group Trnstees, Annual Report and Aecounts for the year ended 31Jt August 2025 Trustee's responsibilities The management trustees are required under the Charity Act 2011 to prepare financial statements foi each financial year which give a trne and fair view of the charity's financial activities durtng the year and of its financial position at the end of the year, unless thc charkty is entitled to prepar¢ accounts on th¢ altemative receipts and payments basis. In preparing those financial statem¢nts. the management Ixustees should follow best practice and.. _ l. Select suitable accounting policies and apply them Consistently 2. Make judgements that are reasonable and prudent 3. State whethei applicable accounting standards and Statements of Recommended Practice have been followed. subject to any departures disclosed and explained in the financial statements, and 4. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the chartty will continue in operation. The management trustees are responsible for ensuring that proper accounting records are maintained which disclose. with reasonable accuracy, the financial position of the Charity at any given time and which ¢nable them to ensuTe that the financial statements comply with applicable laws and regulations. They are also responqible for safeguarding thc assets of the charlty and hence for taking reasonabl¢ steps for the prevention and del¢ction of fraud and othcr irregularities. Rach¢l Abbott Page 3 411712026
Rising Fiv¢$ Pre-school Group Trnstees, Annual Report and A¢¢ounts for the year ended 31st August 2025 Report of work undertaken by Rising Fives, Management CommitteelTrustees Overview of the year Aim: To Provide a high standard of education and care for pre-school children aged from 2 years to 5 years. and for the committee to work closely with the sthff to continue to maintain th¢ fa¢Rlities, premis¢s and quality of carc at the pre-school. A 11 OFSTED insp¢¢tion was undertaken on the 28th February 2023 which had a good outcome. the pre-school being praised for their excellent quality of education. ActLVlties: The committee year Terni l - September to December o Assign jobs / resFrf)nsibilities Waste Clearance Repair of outside light Portable Appliance Testing Christmas party Deep clean ready for Santa Grotto o Santa's Cyrotto Fencing at tront of building T¢mi 2- January to March Health 2nd safety check Reglaz¢ broken M?ndows and make secu Asb¢slos survey Building Survey Pay review T¢rm 3 - April to August Rotations Charity Shop Pest Control Woodwonn treatment Heater servicing Fir¢ Extinguisher Service Leavers Ceremony Parish bete Clearan¢¢ of items from cellaT Drain unbloeking Purchase of air conditioning units Rachel Abbott Page 4 411712026
Rising Fives Pre-school Group Trustees, Annual Report and Accounts for the year ended 31$t August 2025 Continuous Activities Day to day running of the pre-sch(1 Recruitment of staff Advertising for new Committee members Advertising and promotion of the pre-school Half tern]ly committee meetings Maintenance of building Ongoing updating and renewing of policies Fundraising Building mainlenance/enhuncemendequipment, including.. Electrical items check Annual fire equipment check Asbestos survey Bin Emptying Fencing at front of building Removal of rubbish 2 Laptops for office 3 Air conditioning units Building Survey Woodworm treattnent Total £ 9482.60 In March 2025, a building survey was carried out of the Rising Fives building. The survey reported "the building is now at a stage wbere it requires majoT expenditure to maintain the integrity of the building and saf¢ty of it's occupants." Fundraisingi events and other income Santa Grotto Match Funding Easy Fundraising Recycling scheme Rotations Charity Shop Stall at Parish Fete Bank IBuilding Society interest Fundraising events/Match Funding £3726.45 BanklBuilding Soc Interest £ 998.24 TOTAL £4724.69 Rachel Abbott Page 5 411712026
Rising Fives Pre-sehool Group It Trustees, Annual Report and Accounts for the year ended 31 August 2025 Slaff wages andfee es. The Committee increased staff wages this year in line with the increase in the minimwn wage. Additional session preparation and supervising key working time continues to be paid. Staff will also be paid to attend training days. In September 2024 the Preschool employed 7 pernianent staff and 3 on rolling contracts The payroll continues to be run through accountanL Alan Woodcn, for a nominal fee of £65.00 per month to ensure accurat¢ assessment of t&Klnational insurance requirements and end of year paperwork. Payn]ent is made (online) directly to staff bank accounts by Rachel Abbott. Fees: In September 2024 we had children 37 on rnle compar¢d to 39 in September 2023. 2024125 Iper year) Over 3 per hour Under 3 per hour £6.50 £6.70 ETrE Funding EYE continues to cover fees for the claim tenn after the child's 3 birthday. Some 2 year olds are also able to claim 15 hours if they meet the appropriate eligibklity. Paymenl is up to 38 weeks per year. Children arc funded for 15 hours free pre school education p¢r wcck, and a number of children now qualify for an addilional 15 hours funding which they take at Rising Fives or use shared with other settings. Within the EYE Funding we received £3465.00 Early Y¢ars Pupil Premiurn Funding Ihis year. The Early Years Pupil Premium provides Hampshire Early education approved settings with extra tunding to support children in achieving the best early years outcomes and start they can. The Early Years Pupil Premium provides an extra £1.00 per houT for two. three and four year old children whose parents are in receipt of certain benefits and who are fornmlly in local authority care. Rachel Abbott Page 6 411912026
Rising Fives Pre-school Group Trustees, AnDual Report and Accounts for the year ended 31. August 2025 Funds retained At the end of the financial year, the Pre-school held £59552.49 in its HSBC bank account and £53500.49 in its building society account. Rising Fives has a Reserves Policy (please see attached) for money kept in reserve in line with guidance issued by the Charities Commission and the Preschool Learning Alliance. No value is placed on the property occupicd by th¢ charity, which was acquired in 1995 by the exercise of squatters, rights. Septepnber 2 Olivia Reeves, Tr¢asurer, Management Trustees o The Old School Canteen W¢lls Lane Whitchurch Ives Pre-school Gmup Rachel Abbott Page 7 411912026
Rfising Flves Pre-school Group Trustees, Annual Report and Aeeounts for the year eDded 31" August 2025 in Fives Pre-school Reserves PolicN Polfiev Statement Th¢ financial security of our pre-school is important, aud so money will be kept in reseTve in line with guidance issued by the Charity Commission and the Pre-school Learning Alliance. The reserve funds amount is available on request from the con]mittee and is held in a separate pr¢-school savings account. Th¢ amount is monitored by th¢ committee. As of I, September 2025, a reserve to cover 3 months rluming costg and potential staff redundancies is being held in the Newbury Building Society Account. Duc to the high probability of major repairs and relocation being necessary very shortly as advised in the recent building survey, th¢ remaining reserve is held in the HSBC for ease of access. In ¢alculating the minimum amount (tsrget level) held the pre-sch¢)ol assumes the following.. 3 months running costs with salaries and roles as at September 2025 No redundancy payments for staff members with less than 2 years of service. The reserves fund may be call¢d upon to fund: Major repairs to the building (roof, flooring, heating & plumbin& boiler etcl Upcoming agreed renovation projects Potential loss of income due to any fluctuation in numbers of children attending pre~school. The need to fund short-term deficits in a cash budget, e.g. money may need to be spent beft)re a funding grant Is received. Potential staff redundancy payments. Replacing equipment as it wears out. Potential payments to debtors Should the pre-school clo*. Relocation to another site. This policy should be reviewed annually to make sure the reserves account holds enough to cover future ¢ventualities. The reserves policy must be reported in the trustees, annual report to the charity Commission. 'All groups are recommended to have at least three month's expenditure in reserve and a sum which covers the calculated redundancy liability. (managing a charitably constituted setting, PSLA). Rachel Abbott Page 8 411912026
Rising Fivu Pre-school Group Trustees, Annual Report and Accounts for the year ended 31" August 2025 tsandEx ndlture account for tho ear 1st So ember 202410 31 Au Recelpts To August 2025 21504.86 137313.55 3917.29 400.99 998.24 To August 2024 33856.53 123553.3 4250.23 636.65 761.75 Grants and Donations Fundraising Other Income BankJBuilding Sociely Interest Exponses Staff Wages Utilit Fundraising Costs General Supplies Stslionery and Postsge Maintenance and Refvjrbishment Insurance Milk Miscellaneous Grant Expendrture Resources Bank Charges -114379.1 -5871.33 -190.84 -1756.84 -989.42 -9482.6 -2382.62 -104536.13 -7263.99 -608.11 -1823.2 -709.79 4(140.51 -2241.63 -5259.16 -9032.61 -2066.83 -115 4183.48 -10972.31 -1594.77 -120 -151528.35 -138093.92 Net rèceipts 12608.5 24964.54 Stat menl of Assets and Llabilite8 Current Assets Building Society Accoltnl Bank Current Account 53500.49 59552.46 113052.95 28802.25 72031.85 100834.1 Represented by.. Revenue reserve bld ProfiVLoss ft)r the year SEN funding 22r23 to be ed Pupil Premium FLinding for alloG*ion Prepayment of Fees 25126 DAF fund for allocation Co Op Grant for allocation Invoice from 22123 paid 23124 Invoice from 24125 paid in 25128 Invoice from 25126 paid 24125 Co Op Grant allocated Prepayment of Fees 24125 EYE extension grant for allocation Matemity Pay reimbursement due 100834.1 12608.58 72171.28 244.54 153 1936.17 185.35 402.57 1166.32 -1240.9 -121 173.75 -16.03 948.25 856.44 -856.44 819.94 -1098.87 113052.95 100834.1 Rachel Abbott Page 9 411912026
Rising Fives Pre-school Group Trnstees, Annual Report and Accounts for the year ended 31 August 2025 Accounting policies The receipts and paym¢nts account has been drawn up as a summary of the receipts and payments made during the year by the charity. Amounts are included as received by the charity or as cheques are drawn. The receipts and payments account and statement of assets and liabilities have been prepared following th¢ guidance for smaller charities issued by the Charity Commisslon. Independent Examioer Sarah Butler 58 Knight Street Basingstoke Hants RG218AX Bankers HSBC Newbury Street Whitchurch Approved by the E&)ard of trnstees on Olivia eeves, Tre&surer, anage Tte¢S of Rising Fives Pre-school Group Rachel Abbott Page 10 411912026
Rising Fives Pre-sehool Group Trustees, Annual Report and Accounts for the year ended 31 August 2025 Independ¢nt Examlners Report to the Trustees of the Rising Fives Pre-S¢bool Group I report on the accounts of the Charity for th¢ year ended 31 August 2022, which are set out on pages I to 8. Respeetlve Respon$ibilities Of Trust¢e8 and Examiller The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Truste¢s consider that an audit is not required for this year under section 144(2) of the Charities Aet 2011 (the 2011 Act) and that an Independent ¢xamination is n¢eded. It is my responsibility: to ¢xamine the accounts under section 145 of the 2011 Act: 2. to follow the procedures laid down in the Gen¢ral Directions given by th¢ Charity Commission under section 145(5)(b) of the 201 l A¢t' and to state whether particular matters have come to my attention. Basi$ of Independent Examiner's Report My examination was cÉwried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the chltY and a Comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such rnatters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequentIy no opinion is given as to whcther th¢ accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to b¢li¢v¢ that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 to prepare accounts which accord wtth the accounting records and comply with the accounting requirements of the 2011 Act have not b¢¢n met; or 2. to which, in my Opinio attention should be drawn in order to enable a proper understanding of the accounts to be reached. SarahButier.......................... £ICl2oiL Rach¢l Abbott Pagell 411912026