I'm lucky to be on a very active pre school committee but I'm concerned that we are being asked to convert to being a charity. We are simply a parent run pre school at the moment... no other formal status. The charity status itself doesn't bother me but I'm worried that the contingency funds that we've saved over the years will be taken away. We can spend some I know and a small contingency can remain but I don't feel it's fair to have a chunk taken away that was raised by previous parents. But the charity commission will not allow pre schools to hold large sums of money. Has anyone else been through this process and are there any other options please. Advice gratefully received. Has anyone looked into being a community interest company? Ideally we want to stay as we are though but not sure we can.
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Pre school committee and charitable status...please help
5 replies
ajf759 · 02/10/2013 00:38
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