OUR LADY OF THE WAYSIDE PRE-SCHOOL
Care and education of children under the statutory school age through play and structured activities within a happy and safe environment.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £8,464.56 for the year ended 31st August 2025, driven by reduced occupancy and rising costs. Per the trustees' report, unsustainable projected losses led to a unanimous decision to close the pre-school at the end of the Summer 2025 term. The closing bank balance of £13,236.05 is expected to be exhausted by redundancy payments.
What the accounts disclose
“A separate reserve account is maintained for contingency purposes, to cover unforeseen events and/or fluctuations in income & expenditure.” — page 6
“Our current projected losses were unsustainable and whilst discussions were held to find ways to increase income and to make savings on costs it was decided by a Unanimous vote to close the Pre-School at the end of the Summer 2025 term.” — page 7
Trustees
- Joanne Waddingham
- Laura Day
- Laura Doyle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £79k | £87k |
| 31/08/2024 | £73k | £74k |
| 31/08/2023 | £74k | £75k |
| 31/08/2022 | £61k | £69k |
| 31/08/2021 | £71k | £76k |
Common questions
Is OUR LADY OF THE WAYSIDE PRE-SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £8,464.56 for the year ended 31st August 2025, driven by reduced occupancy and rising costs. Per the trustees' report, unsustainable projected losses led to a unanimous decision to close the pre-school at the end of the Summer 2025 term. The closing bank balance of £13,236.05 is expected to be exhausted by redundancy payments. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/04/2018 | £10k | Brighter futures |