Oakway Nursery
Pre-school education
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves increased to £66,203, driven by a net income of £22,661. The trustees consider this level of reserves sufficient and prudent, noting that running costs are funded entirely by council grants. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“As the charity receives regular grants from the council to cover the day-to-day running costs of the day nursery, this level of reserves is considered to be sufficient and prudent by the directors.” — page 8
Trustees
- Claire Byron
- Colin George Hinds
- Rita Kumari SAILOPAL
- Robert Hardcastle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £94k | £71k |
| 29/02/2024 | £83k | £67k |
| 28/02/2023 | £67k | £81k |
| 28/02/2022 | £77k | £42k |
| 28/02/2021 | £83k | £85k |
Common questions
Is Oakway Nursery financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves increased to £66,203, driven by a net income of £22,661. The trustees consider this level of reserves sufficient and prudent, noting that running costs are funded entirely by council grants. The filing confirms no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/05/2010 | £6k | Oakway Day Nursery - Infotech for the under fives |