LITTLE ACORNS PRESCHOOL KINGSMERE
Little Acorns Pre-school Kingsmere is a nurturing community pre-school. We take children from the ages of 2-5 years old and are based at the Community Centre on Kingsmere.
Financial health, per its FY2025 accounts
The accounts state that the majority of income is derived from government funding and parental fees, with reserves held at £30,000 to cover staff redundancy costs and operational fluctuations. The trustees note concerns regarding rising rent and minimum wage costs that are not fully matched by funding increases, though the charity continues to maintain a large waiting list.
What the accounts disclose
“The majority of income came from government funding.”
“We have a contingency fund to cover the costs of staff redundancies. Any additional reserves are used for any of the following: to cover fluctuations in demand/ income, supporting children in the setting with special needs, funding staff training, long term sickness.”
“Due to new pre-schools opening in the area we have had concerns but continue to have a large waiting list. Rent has Increased and so has the minimum wage. This continues to be a concern for the setting.”
Trustees
- Hannah Bradfordchair
- Michael Graham Philpott
- TRACY BAKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £198k | £154k |
| 31/03/2024 | £187k | £142k |
| 31/03/2023 | £170k | £145k |
| 31/03/2022 | £151k | £135k |
| 05/04/2021 | £115k | £104k |
Common questions
Is LITTLE ACORNS PRESCHOOL KINGSMERE financially healthy?
Per its FY2025 accounts: The accounts state that the majority of income is derived from government funding and parental fees, with reserves held at £30,000 to cover staff redundancy costs and operational fluctuations. The trustees note concerns regarding rising rent and minimum wage costs that are not fully matched by funding increases, though the charity continues to maintain a large waiting list.