IDE HILL PRE-SCHOOL
PROVIDE FINANCIAL AND PRACTICAL SUPPORT IN THE EDUCATION AND DEVELOPMENT OF PRE SCHOOL AGE CHILDREN.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a loss of £14,606.86 for the year ended 31 December 2024, attributed to low enrollment and rising costs. Per the trustees' report, unrestricted cash reserves stood at £7,168.55, with an additional £46,994.09 held in a reserve account for unexpected operational costs. The trustees noted the charity was in a vulnerable position earlier in the year but observed that numbers began to recover from April 2024 onwards.
What the accounts disclose
“Our main sources of income are from the fees we charge for our services as well as the nursery government funding which has thrown many changes over the last 12 months.” — page 8
“We also keep a reserve account which had a balance of £46,994.09 as of 31/12/2024 which we luckily did not have to touch. This money is kept aside to cover unexpected operational costs for a few months in the event of loss of income, any redundancy costs should the situation arise or any other unforeseen expenditure.”
“The preschool was in a very vulnerable position in early 2024 so as a result staff took on reduced hours. However, numbers did start to pick up in April 2024 and again in September 2024.” — page 8
Trustees
- Camilla Foychair
- Abbie Walsh
- Amy Ward
- Catherine Melvin
- Chantelle Dixon
- Kellie Ferguson
- Philippa Mayes
- Sarah Kleine
- Stephanie Freed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £112k | £127k |
| 31/12/2023 | £138k | £126k |
| 31/12/2022 | £132k | £129k |
| 31/12/2021 | £129k | £124k |
| 31/12/2020 | £124k | £117k |
Common questions
Is IDE HILL PRE-SCHOOL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a loss of £14,606.86 for the year ended 31 December 2024, attributed to low enrollment and rising costs. Per the trustees' report, unrestricted cash reserves stood at £7,168.55, with an additional £46,994.09 held in a reserve account for unexpected operational costs. The trustees noted the charity was in a vulnerable position earlier in the year but observed that numbers began to recover from April 2024 onwards.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| St Andrews Chorleywood PCC | 1 | £5k |
Charities like this
- HILLSIDE PRE-SCHOOL
- CHALK HILL PRE-SCHOOL
- JACK AND JILL PRESCHOOL
- ST ANDREW'S (BURGESS HILL) PRE-SCHOOL
- BIRCH HILL PRE-SCHOOL
- MOSSLEY HILL PRE-SCHOOL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IDE HILL PRE-SCHOOL | £112k | — | 0 | above | — | noted |
| HILLSIDE PRE-SCHOOL | £121k | — | 0 | unclear | — | no doubt |
| CHALK HILL PRE-SCHOOL | £106k | — | 0 | above | — | no doubt |
| JACK AND JILL PRESCHOOL | £128k | — | 0 | above | — | no doubt |
| ST ANDREW'S (BURGESS HILL) PRE-SCHOOL | £577k | — | 0 | unclear | — | no doubt |
| BIRCH HILL PRE-SCHOOL | £211k | — | 0 | unclear | — | no doubt |