HORN'S MILL PRE-SCHOOL
Pre-school education for 2- 5 year olds plus breakfast & afterschool club for 2-11 year olds.
Financial health, per its FY2025 accounts
The accounts state that the charity operated close to full capacity with income derived primarily from local authority funding and parent fees. While fees increased to counter rising employment costs, the charity also secured specific government grants and successfully appealed business rates to retain funds. The trustees maintain a reserves policy targeting four months of operational costs and note the need to monitor long-term financial impacts from funding trends.
What the accounts disclose
“LA funding ( known as Direct school Grant or DSG) Is remains the largest income source but has significantly declined again this year. Income from fees has increased again by a significant amount”
“Our policy is to hold sufficient reserves to : Ø cover four months operational costs or Ø enable us to meet unexpected expenditure or Ø enable us to absorb fluctuations in income due to varying attendances Ø respond to changes to local authority funding policy changes or”
Register events
- Received assets from another charity (15/08/2016)
Trustees
- Carla Railton
- John Lee
- Rachel O'Malley
- Sue Huntbach
- Tabitha R Heathcote
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £386k | £330k |
| 31/08/2024 | £342k | £319k |
| 31/08/2023 | £278k | £271k |
| 31/08/2022 | £279k | £236k |
| 31/08/2021 | £245k | £231k |
Common questions
Is HORN'S MILL PRE-SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated close to full capacity with income derived primarily from local authority funding and parent fees. While fees increased to counter rising employment costs, the charity also secured specific government grants and successfully appealed business rates to retain funds. The trustees maintain a reserves policy targeting four months of operational costs and note the need to monitor long-term financial impacts from funding trends.