MARGARET MCMILLAN CHILDREN'S CENTRE
Provide day care for children aged 0-5 years .
Objects
TO ENHANCE THE DEVELOPMENT AND EDUCATION OF YOUNG CHILDREN
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £707,199 are held, which the trustees confirm reflect their stated policy of maintaining three months of reserves to ensure sustainability. The charity reported a net income surplus of £51,539 for the year, having managed tight budgets amidst a cost of living crisis and reduced demand for day care.
What the accounts disclose
“The Centre requires a minimum of three months reserves to carry on the provision in the event of occupancy levels dropping; the reserves levels currently reflect this policy.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ARIF ALAMchair
- NASREEN SHAH
- SOFIA SIDDIQUE
- Safina Mahmood
- Sue Dawn Marshall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £525k | £473k |
| 31/03/2024 | £478k | £493k |
| 31/03/2023 | £451k | £419k |
| 31/03/2022 | £382k | £408k |
| 31/03/2021 | £360k | £351k |
Common questions
Is MARGARET MCMILLAN CHILDREN'S CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £707,199 are held, which the trustees confirm reflect their stated policy of maintaining three months of reserves to ensure sustainability. The charity reported a net income surplus of £51,539 for the year, having managed tight budgets amidst a cost of living crisis and reduced demand for day care. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/08/2015 | £10k | Football For Tots |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHAPMAN CHARITABLE TRUST | 1 | £2k |
| The Dentons UK and Middle East LLP Charitable Trust | 1 | £2k |
| THE EDGAR E LAWLEY FOUNDATION | 1 | £2k |
Charities like this
- THE BATH HOUSE CHILDREN'S COMMUNITY CENTRE
- CHILDREN CARE CENTRE
- THE RAINBOW CENTRE (MARHAM)
- Carlton Miniott Pre School and Nursery Committee
- ST MARGARET'S HOUSE
- ST MICHAEL'S FAMILY CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MARGARET MCMILLAN CHILDREN'S CENTRE | £525k | — | 0 | above | — | no doubt |
| THE BATH HOUSE CHILDREN'S COMMUNITY CENTRE | £821k | — | 0 | above | — | no doubt |
| CHILDREN CARE CENTRE | £231k | — | 0 | unclear | — | no doubt |
| THE RAINBOW CENTRE (MARHAM) | £2.0m | — | 0 | unclear | — | no doubt |
| Carlton Miniott Pre School and Nursery Committee | £292k | — | 0 | above | — | no doubt |
| ST MARGARET'S HOUSE | £1.3m | — | 0 | unclear | — | no doubt |