MAYFLOWER PLAYGROUP, HAYWARDS HEATH
This charity replaces and incorporates the charity 1072441The existing and new charity runs a pre-school playgroup located in Haywards Heath West Sussex
Financial health, per its FY2024 accounts
The accounts state that total cash reserves at the end of 2024 were £72,200, with £30,000 specifically invested to meet closure costs and financial obligations. The Trustees expressed confidence in maintaining a stable reserve position for 2025, despite acknowledging significant increases in annual costs and the essential need for Local Authority rates to increase in line with inflation.
What the accounts disclose
“The Playgroup’s income is derived primarily from West Sussex County Council, through the ‘Free Entitlement’ payment, as well as EYPP and payments for those with additional needs. The Playgroup receives some additional income from fees paid by parents of children who are too young to qualify for the Free Entitlement provision.” — page 2
“The Playgroup has continued to benefit from the ongoing generosity of Christ Church Haywards Heath in providing premises for use by Mayflower at a discounted rate.” — page 2
Register events
- Received assets from another charity (11/01/2020)
Trustees
- Sarah Jane McQuakerchair
- Carol Eggleton
- Caroline Samantha Joy Nicholls
- Elizabeth Claire Martin
- MARK JONATHAN VENTHAM
- Ruth Margaret Nicholls
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £151k | £123k |
| 31/12/2023 | £118k | £109k |
| 31/12/2022 | £110k | £106k |
| 31/12/2021 | £104k | £120k |
| 31/12/2020 | £107k | £99k |
Common questions
Is MAYFLOWER PLAYGROUP, HAYWARDS HEATH financially healthy?
Per its FY2024 accounts: The accounts state that total cash reserves at the end of 2024 were £72,200, with £30,000 specifically invested to meet closure costs and financial obligations. The Trustees expressed confidence in maintaining a stable reserve position for 2025, despite acknowledging significant increases in annual costs and the essential need for Local Authority rates to increase in line with inflation.