RIVERSIDE PRE-SCHOOL CIO

Registered charity 1178444 · accounts filings on the Charity Commission register

At Riverside Pre-school we believe in the concept of life long learning and that both adults and children learn things everyday. We maintain that learning should be a rewarding and enjoyable experience for everyone and most importantly should be fun., helping us to give children secure foundations on which future learning can be built upon.

Causes: Education/training · Get email alerts

Latest income

£595k

Latest spending

£763k

Registered

2018

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is winding up and ceasing operations as of 31 July 2025 due to the loss of its premises. Per the trustees' report, the charity incurred a net loss of £168,631 for the year, reducing unrestricted funds to £142,351, which are designated for settling statutory severance and other liabilities before distribution to other charitable pre-schools.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants for services (77% of income)

“The principal funding source of the Pre-School is Grant funding received from Southampton City Council. In 2024-25 this was £426,917” — page 8

Per its FY2025 accounts as filed with the Charity Commission.

Reserves position: below the charity's own stated reserves policy (held: £142k)

“In the year ended 31 July 2025 the trustees were required to draw on the reserves in order to cover the costs of statutory severance on the closure of the pre-school.” — page 9

Per its FY2025 accounts as filed with the Charity Commission.

Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)

“The financial statements have not been prepared on a going concern basis. The Trustees have determined that the charity will cease operations and be wound up on 31 July 2025. Therefore these financial statements have been prepared on a break-up basis, which is the basis of accounting for a non-going concern entity.” — page 14

Per its FY2025 accounts as filed with the Charity Commission.

Payments to trustees: Michele Stride received £38,953 as Lead Practitioner; one trustee reimbursed £32 expenses.

“Michele Stride is paid an annual salary of £38,953 (2024: £37,806) in her capacity as Lead Practitioner of the Pre School. She also acts as a Trustee in order to ensure efficient operation of processes. No Trustees are remunerated for their Trustee duties. During the year, one trustee was reimbursed £32 for expenses incurred on behalf of the charity (2024: 1 trustee reimbursed £146).” — page 17

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income

£595k

Total spending

£763k

Reserves (reported)

£110k

Employees

Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Received assets from another charity (15/02/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (14/12/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Joseph Hadfield
Laura Jade Fry
Madaleine Richardson-Walters
Michele Stride
Miranda Poore
Rachael Gregory
Rachel McNicol
Rebecca Reeves
Tessa Louise Deans

Trustee list from the Charity Commission register (current, not historical).

Operates in: Southampton City

Income and spending

Financial year end	Income	Spending
31/07/2025	£595k	£763k
31/07/2024	£537k	£527k
31/07/2023	£475k	£500k
31/07/2022	£582k	£601k
31/07/2021	£556k	£543k

Common questions

Is RIVERSIDE PRE-SCHOOL CIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity is winding up and ceasing operations as of 31 July 2025 due to the loss of its premises. Per the trustees' report, the charity incurred a net loss of £168,631 for the year, reducing unrestricted funds to £142,351, which are designated for settling statutory severance and other liabilities before distribution to other charitable pre-schools. Its FY2025 accounts were independently examined.