SMARTIES PRE-SCHOOL AND OUT OF SCHOOL CLUB
Pre-School and Out of School Club
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £26,255 for the year ended August 2025, following a surplus in the previous year. Due to significant financial pressures and an Ofsted suspension, the trustees resolved to close the setting and are currently overseeing the orderly wind-up of the charity's affairs. Cash reserves held approximately £8.7k at the date of the report, with outstanding liabilities still being settled.
What the accounts disclose
“The trustees recognise the importance of maintaining adequate reserves to manage operational risks and unforeseen disruption. However, due to the significant financial pressures experienced during FY24/25 and the subsequent decision to cease operations, reserves reduced substantially during the year.” — page 3
“The trustees are currently overseeing the orderly wind-up of the charity in the most financially prudent manner possible. All staff have now left the setting, and work is ongoing to settle outstanding liabilities and conclude the charity’s affairs in accordance with its governing document and regulatory obligations.” — page 1
“The trustees would also like to express their sincere thanks to RLA Group for continuing to provide accountancy support free of charge, which has provided significant financial assistance to the charity over a number of years.” — page 3
“In January 2026, the setting’s registration was suspended by Ofsted for a period of six weeks following an incident at the setting.” — page 1
Trustees
- Adam Downingchair
- Jonathan Satinet
- Lorraine Reddington
- Michael Robertson
- Prof Victoria Hutter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £137k | £164k |
| 31/08/2024 | £163k | £158k |
| 31/08/2023 | £150k | £138k |
| 31/08/2022 | £138k | £123k |
| 31/08/2021 | £91k | £98k |
Common questions
Is SMARTIES PRE-SCHOOL AND OUT OF SCHOOL CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £26,255 for the year ended August 2025, following a surplus in the previous year. Due to significant financial pressures and an Ofsted suspension, the trustees resolved to close the setting and are currently overseeing the orderly wind-up of the charity's affairs. Cash reserves held approximately £8.7k at the date of the report, with outstanding liabilities still being settled. Its FY2025 accounts were independently examined.
Charities like this
- YOUTH CLUB PRE-SCHOOL
- ST MARY'S PRE-SCHOOL PLAYGROUP
- CHIPSTEAD PRE-SCHOOL
- UGBOROUGH AND BITTAFORD PRE-SCHOOL
- LONG CRENDON PRE-SCHOOL AND OUT OF SCHOOL CLUB
- BUSY BEES PLAYGROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SMARTIES PRE-SCHOOL AND OUT OF SCHOOL CLUB | £137k | — | 0 | below | — | noted |
| YOUTH CLUB PRE-SCHOOL | £222k | Under £60,000 | 0 | unclear | — | no doubt |
| ST MARY'S PRE-SCHOOL PLAYGROUP | £178k | — | 0 | unclear | — | no doubt |
| CHIPSTEAD PRE-SCHOOL | £105k | — | 0 | unclear | — | no doubt |
| UGBOROUGH AND BITTAFORD PRE-SCHOOL | £118k | — | 0 | below | — | noted |
| LONG CRENDON PRE-SCHOOL AND OUT OF SCHOOL CLUB | £244k | — | 0 | unclear | — | no doubt |