ACORN EARLY YEARS FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £62,313 for the year, resulting in unrestricted reserves of £483,952. The trustees note that cost pressures and underfunding of early education entitlements prevented revenue growth from translating into profits. Despite a short-term reduction in working capital at year-end, the trustees remain confident in the charity's financial viability and ability to continue as a going concern.
What the accounts disclose
“One employee had employee benefits in excess of f60, 000, with total employee benefits excluding employer pension costs falling within the band of L'110,001 to 6120,000” — page 40
“One employee had employee benefits in excess of f60, 000” — page 40
“The reserves policy was reviewed in November 2023 and it was agreed to increase the unrestricted funds to f150,000 being readily available with the aim to increase this each year.” — page 23
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (10/05/2023)
Trustees
- Denise Bragg
- Dr Narendra Laljani Dr
- Emma Cox
- Giles Ashley Chilton
- Joslyn Hooper
- Katherine Ruth Vernon Pillai
- Michelle Louise Sogga
- Nicholas Ireland
- Olivia Margaret White
- Robert Prosser-Dryer
- Suzanne Marie Dawes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £16.3m | £15.5m |
| 31/12/2024 | £13.2m | £13.0m |
| 31/12/2023 | £11.4m | £11.5m |
| 31/12/2022 | £9.6m | £9.6m |
| 31/12/2021 | £8.2m | £8.0m |
Common questions
Is ACORN EARLY YEARS FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure of £62,313 for the year, resulting in unrestricted reserves of £483,952. The trustees note that cost pressures and underfunding of early education entitlements prevented revenue growth from translating into profits. Despite a short-term reduction in working capital at year-end, the trustees remain confident in the charity's financial viability and ability to continue as a going concern. Its FY2023 accounts were audited by MHA Chartered Accountants.
What does the highest-paid employee of ACORN EARLY YEARS FOUNDATION earn?
Per its FY2023 accounts, the highest-paid employee was in the £110,001 - £120,000 band, and 1 employees earned over £60,000.