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FIRST STEPS NURSERY

Registered charity 1181057 · accounts filings on the Charity Commission register · also known as FIRST STEPS NURSERIES, MEITHRINFEYDD CAMAU CYNTAF

To advance the development and education of mainly, but not exclusively, pre-school children, by offering appropriate play, education and care facilities and activities through the medium of Welsh and English and by encouraging parents to understand and provide for the needs of their children.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£1.5m
Latest spending
£1.4m
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £243,582 and designated funds of £174,257, totaling £417,839 in net assets at the year end. The trustees report a healthy financial position, noting that reserves are sufficient to meet outstanding expenditure and maintain up to six months of reserves as per their policy. The charity generated a net surplus of £17,614 for the year, supported by charitable activity income of £1,382,428.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: up to six months reserves (held: £418k)
“The Charity’s policy on reserves is that ideally up to six months reserves are maintained at any one time in the current account. This is sufficient to meet all outstanding expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity received income of £712,085 from Camau Cyntaf i Ddysgu (CCID), with £130,150 owed at year-end. A trustee of the charity is also a director of CCID.
“The charity received the following income from CCID during the year: Income £712,085. Money owing from CCID on 31 August 2025 is included under debtors in the accounts and the balance at the year-end was £130,150. A trustee of the charity is also a director of CCID.” — page 20
“A trustee of the charity is employed by Rees Astley who is the insurance broker for First Steps Nursery. All transactions with Rees Astley were made at arm’s length and under normal trading conditions. The trustee did not profit personally from the insurance policies taken out by the charity.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: A trustee is employed by Rees Astley, the charity's insurance broker. Transactions were at arm's length and the trustee did not profit personally.
“The charity received the following income from CCID during the year: Income £712,085. Money owing from CCID on 31 August 2025 is included under debtors in the accounts and the balance at the year-end was £130,150. A trustee of the charity is also a director of CCID.” — page 20
“A trustee of the charity is employed by Rees Astley who is the insurance broker for First Steps Nursery. All transactions with Rees Astley were made at arm’s length and under normal trading conditions. The trustee did not profit personally from the insurance policies taken out by the charity.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Llyr James Chartered Certified Accountants and Registered Auditors. Discloses 5 of 6 completeness components.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

BuyerContractAwardedValue
Dumfries and Galloway CouncilEarly Learning, Childcare and Brokerage Services——
Dumfries and Galloway CouncilEarly Learning, Childcare and Brokerage Services——

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.5m
Total spending
£1.4m
Reserves (reported)
£420k
Employees
70

Reported reserves equal ~3.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£1.5m£1.4m
31/08/2024£1.4m£1.6m
31/08/2023£1.3m£1.3m
31/08/2022£1.1m£1.0m
31/08/2021£1.0m£878k

Common questions

Is FIRST STEPS NURSERY financially healthy?

Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £243,582 and designated funds of £174,257, totaling £417,839 in net assets at the year end. The trustees report a healthy financial position, noting that reserves are sufficient to meet outstanding expenditure and maintain up to six months of reserves as per their policy. The charity generated a net surplus of £17,614 for the year, supported by charitable activity income of £1,382,428. Its FY2025 accounts were audited by Llyr James Chartered Certified Accountants and Registered Auditors.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with OUR LADY'S FIRST STEPS PRE-SCHOOL.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
FIRST STEPS NURSERY£1.5m—0unclear—no doubt
OUR LADY'S FIRST STEPS PRE-SCHOOL FY2025£817k—0above—no doubt
FIRST STEPS COMMUNITY PLAYGROUP FY2025£209k—0unclear—no doubt
CANOLFAN GOFAL PLANT TIDDLYWINKS CHILDCARE CENTRE CYFYNGEDIG FY2025£385k—0unclear—no doubt
ST MARYS PRE-SCHOOL PLAYGROUP FY2026£238k—0above—no doubt
ST ANNE'S PRE-SCHOOL (CHINGFORD) FY2024£142k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.