Patchwork 2-5 Nursery
Latest income
£155k
Latest spending
£170k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a deficit for the year ended 31 March 2025, with unrestricted funds decreasing from £83,364 to £68,306. The trustees note that operating margins are tight and vulnerable to external economic factors, though they monitor viability monthly. The charity remains fully funded by local authority grants and fees, with no disclosed material uncertainties regarding its continuation.
What the accounts disclose
Going concern: doubt noted
“The Management Committee are fully cognisant of the various factors which have the potential to effect the on-going viability of the Nursery and its services and continue to monitor the situation on a monthly basis.” — page 4
Per FY2025 accounts as filed with OSCR.