SOMERCOTES STARS PRE-SCHOOL
Provision of a facility to assist and enable development and education for pre-school children for the village of North Somercotes and surrounding areas and to provide after-school and holiday club facilities for children up to the age of 11.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial situation remains stable with unrestricted reserves of £10,000 held to provide resilience against income and outgoing changes. However, the trustees report risks including rising staff costs, dropping service user numbers, and funding not increasing in line with operating cost increases. The charity also holds a Covid Crisis Loan liability.
What the accounts disclose
“Reserves held to enable the charity some resilience against income and outgoing changes, including changing service user numbers and staff increase costs.”
Trustees
- Adam Woadden
- Eleanor Harman
- Katie Woadden
- Louise Marie Weller
- Melissa Broad
- Robert George Weller
- Tracey Pickard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £110k | £102k |
| 31/03/2024 | £75k | £83k |
| 31/03/2023 | £101k | £92k |
| 31/03/2022 | £77k | £77k |
| 31/03/2021 | £91k | £82k |
Common questions
Is SOMERCOTES STARS PRE-SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial situation remains stable with unrestricted reserves of £10,000 held to provide resilience against income and outgoing changes. However, the trustees report risks including rising staff costs, dropping service user numbers, and funding not increasing in line with operating cost increases. The charity also holds a Covid Crisis Loan liability.
Charities like this
- SOMERVILLE PRE-SCHOOL
- SOUTH STREET PRE-SCHOOL
- STANTON PARENTS AND UNDER FIVES
- HERMITAGE PRE SCHOOL PLAYGROUP
- YOUTH CLUB PRE-SCHOOL
- ST PETER'S PRE-SCHOOL (STAFFORD) LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOMERCOTES STARS PRE-SCHOOL | £110k | — | 0 | unclear | — | no doubt |
| SOMERVILLE PRE-SCHOOL | £108k | — | 0 | unclear | — | no doubt |
| SOUTH STREET PRE-SCHOOL | £141k | — | 0 | unclear | — | no doubt |
| STANTON PARENTS AND UNDER FIVES | £158k | — | 0 | unclear | — | no doubt |
| HERMITAGE PRE SCHOOL PLAYGROUP | £113k | — | 0 | unclear | — | no doubt |
| YOUTH CLUB PRE-SCHOOL | £222k | Under £60,000 | 0 | unclear | — | no doubt |