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Deposits


Guest lillybeth

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Guest lillybeth
Posted

Please could I ask if any of you take deposits from parents when their child starts at nursery?

Posted

You can't take deposits for funded time. We do as all our children attend non-funded time. The deposit is deducted from the last term's fees, when the required notice is given. This helps when the notice isn't given.

Guest lillybeth
Posted

Thank you wildflowers how much is the deposit you take.

Posted

We take a £10 deposit when they register the child. I checked with our EY dept. who said because its a universal charge for all children its ok to continue.

Posted

I ask for a £35 deposit and make it very clear that they will get it back once their child has started and explain that I now do this as we had a lot of parents book spaces then not turn up. They seem happy with this and all willingly leave a cheque

Posted

Ours is approximately the amount of half a term's fees and works both to help ensure that parents take up a place they have accepted and give enough notice period or pay something if they don't. It needs to be fairly substantial to have that effect.

Posted

no as we are not allowed to take deposits from funded children we don't take any deposits at all - it is a condition of our funding that we don't take any money from funded children for deposit.

  • Like 1
Posted

Free should mean free for families if the place is a funded place. Although its a 'should' in the code of practice rather than a 'must' , the reality is that if you charge a deposit (or any other kind of fee) you are disadvantaging those that cannot afford it. A few quid may not seem like every much but for some families it can mean they have to choose between their child attending the nursery of choice and them eating that day. It can lead to families having to take up less good provision elsewhere because they don't charge a fee (or charge less of one), or not taking up the place at all (eg if there is only one nursery in a village and they don't have a car).

Voluntary ask is fine, as long as parents know its voluntary.

  • Like 2
Posted

We don't ask for a deposit for funded children but I am aiming to keep a record of all the changes / cancellations made after we close for the summer holidays this year. I think about 30% of ours cancelled last year. We were full and turning away and then we had loads of places which take my admin lady the first half term to sort out!

I may pass the information to the council.

Posted

I see your point Mundia about families' finances and am well aware of the legalities regarding funded time. But a situation like diesel10's is unfair. Small settings are financially vulnerable, having wages and rent to pay. More children mean, in our case, more staff and fewer children fewer staff, so will also affect planning. Refundable deposits help with ensuring commitment from parents.

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