ACORN UNDER FIVES
Pre-school education
Objects
THE AIMS OF THE PRE-SCHOOL ARE TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN PRIMARILY UNDER STATUTORY SCHOOL AGE BY ENCOURAGING PARENTS TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR CHILDREN THROUGH COMMUNITY GROUPS AND BY:(A) OFFERING APPROPRIATE PLAY, EDUCATION AND CARE FACILITIES, FAMILY LEARNING AND EXTENDED HOURS GROUPS, TOGETHER WITH THE RIGHT OF PARENTS TO TAKE RESPONSIBILITY FOR AND TO BECOME INVOLVED IN THE ACTIVITIES OF SUCH GROUPS, ENSURING THAT SUCH GROUPS OFFER OPPORTUNITIES FOR ALL CHILDREN WHATEVER THEIR RACE, CULTURE, RELIGION, MEANS OR ABILITY;(B) ENCOURAGING THE STUDY OF THE NEEDS OF SUCH CHILDREN AND THEIR FAMILIES AND PROMOTING PUBLIC INTEREST IN AND RECOGNITION OF SUCH NEEDS IN THE LOCAL AREAS;(C) INSTIGATING AND ADHERING TO AND FURTHERING THE AIMS AND OBJECTS OF THE PRE-SCHOOL LEARNING ALLIANCE.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total net assets of £264,522.40 as of 31 December 2024, with unrestricted reserves comprising retained earnings of £128,780.37. The trustees have explicitly set aside £70,000 to cover redundancy costs and three months of outgoings to ensure liabilities can be met in a worst-case scenario. The charity reported an operating loss of £4,787.73 for the year, with total turnover of £227,136.
What the accounts disclose
“Goverment Funding for 3+ Year Oids 146,655” — page 10
“We have decided to set aside £70K to cover redundancy costs & 3 months’ worth of monthly outgoings, to ensure that the liabilities could be met in a worst case scenario.” — page 7
“We have decided to set aside £70K to cover redundancy costs & 3 months’ worth of monthly outgoings, to ensure that the liabilities could be met in a worst case scenario.” — page 7
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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Jo Saxbychair
- Hayley Rebecca Basmas
- James Cassidy
- Julie Davis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £227k | £232k |
| 31/12/2023 | £219k | £216k |
| 31/12/2022 | £200k | £182k |
| 31/12/2021 | £176k | £188k |
| 31/12/2020 | £186k | £188k |
Common questions
Is ACORN UNDER FIVES financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total net assets of £264,522.40 as of 31 December 2024, with unrestricted reserves comprising retained earnings of £128,780.37. The trustees have explicitly set aside £70,000 to cover redundancy costs and three months of outgoings to ensure liabilities can be met in a worst-case scenario. The charity reported an operating loss of £4,787.73 for the year, with total turnover of £227,136. Its FY2024 accounts were independently examined.