BRIGHT SPARKS PRE SCHOOL
Bright Sparks is a non profit making pre-school for children from age 2 to school age. Opening from Monday to Friday, with a morning, afternoon and full day session and with a maximum of 30 children in each session. We also offer wrap-around care, with breakfast and after school club for children aged 2-11. We offer a wide range of activities and opportunities for children to learn through play
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £25,636 for the year ended 31 March 2025, with total unrestricted funds increasing to £223,589. Free reserves held at year-end were £222,123, which the trustees note are in excess of their stated policy target of approximately £160,500. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees have adopted a formal reserves policy to ensure the charity properly manages its resources and currently monitors the amount of reserves held to ensure that they are adequate to fulfil the charity’s continuing obligations for 6 months as well as staff redundancy costs. Based on the 2024/25 expenditure this comes to around £123,000, and estimated redundancy costs are approximately £35,700, giving a total of £160,500.” — page 5
Trustees
- Julie Hobsonchair
- Alexander Smith
- Christina Brooks
- Emma Rogers
- Tracey Louise Allen
- Tracey Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £267k | £241k |
| 31/03/2024 | £238k | £224k |
| 31/03/2023 | £235k | £209k |
| 31/03/2022 | £209k | £174k |
| 31/03/2021 | £184k | £237k |
Common questions
Is BRIGHT SPARKS PRE SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £25,636 for the year ended 31 March 2025, with total unrestricted funds increasing to £223,589. Free reserves held at year-end were £222,123, which the trustees note are in excess of their stated policy target of approximately £160,500. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.