ABACUS PRESCHOOL LICHFIELD
Education for Pre School children
Objects
THE CHARITY WORKS FOR THE PUBLIC BENEFIT HAVING AS ITS OBJECTS THE DEVELOPMENT AND EDUCATION OF CHILDREN AND YOUNG PEOPLE IN PARTICULAR BY:1) PROMOTING THEIR CARE AND SAFETY;2) PROMOTING THEIR EDUCATION AND PROMOTING PARENTAL INVOLVEMENT;3) PROMOTING THEIR HEALTH AND WELLBEING;4) PROVIDING SERVICES TO SUPPORT THEM AND THEIR FAMILIES AND CARERS;5) PROVIDING SERVICES TO INDIVIDUALS HOLDING MEMBERSHIP OF THE CIO; AND6) FURTHERING THE AIMS OF THE PRE-SCHOOL LEARNING ALLIANCE
Financial health, per its FY2025 accounts
The accounts state that the charity recorded an excess of expenditure over income of £4,471 for the year ended 31 March 2025. The trustees report that unrestricted funds held were £2,799, which is below the stated reserves policy target of six months' forecast expenditure. The charity relies principally on local authority funding and notes risks regarding recruitment and wage increases.
What the accounts disclose
“unrestricted funds not committed or invested in tangible fixed assets held by the Charity should be equal to a minimum of 6 months forecast expenditure”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Register events
- Received assets from another charity (26/11/2018)
Trustees
- Kathryn Joseph
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £91k | £95k |
| 31/03/2024 | £88k | £90k |
| 31/03/2023 | £100k | £96k |
| 31/03/2022 | £80k | £94k |
| 31/03/2021 | £72k | £77k |
Common questions
Is ABACUS PRESCHOOL LICHFIELD financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded an excess of expenditure over income of £4,471 for the year ended 31 March 2025. The trustees report that unrestricted funds held were £2,799, which is below the stated reserves policy target of six months' forecast expenditure. The charity relies principally on local authority funding and notes risks regarding recruitment and wage increases. Its FY2025 accounts were independently examined.