Navigating the Numbers – Accounting Essentials for Childcare Providers

Accounts Pack

As the end of the year approaches, many of us will be finalising figures in time for January’s Self Assessment deadline.

If you are New to Childminding or feeling a bit lost when it comes to Managing Your Accounts, don’t panic… we have resources and guides to help YOU!

Take the stress away by following our helpful tips in our Managing Your Accounts Hot Topic

AND for support with keeping accurate records of your business finances our Accounts Pack has all the logsheets you require plus an informative user guide:

Accounts Pack

Includes Quarterly Income and Expenditure Log Sheets in preparation for Making Tax Digital (MTD) and Business Start-Up Costs Examples for new providers. 

Looking to Increase Fees in the New Year?

The cost of living crisis continues to impact us all and many of us may be looking to increase our fees to help absorb rising expenses.

Whilst this can be an uncomfortable discussion to have with families, regularly reviewing the fees you charge for your childcare service is essential to ensure the sustainability of your business.

Our Revised Fees Notification Letters templates will allow you to formally notify families of any changes to your fees structure in a professional manner:

Revised Fees Notification Letters

Employ Staff?

If you employ staff or assistants, you must also prepare for the National Living Wage and the National Minimum Wage rate increase from 1 April 2024.

Our Assistant Employment Pack can support you with successfull recruitment and management staff and meeting your legal requirements as an employer!

Assistant Employment Pack

Suitable for use by childminders, nurseries and other childcare settings!

👉Visit our Setting Management section for more resources to help manage and organise your professional childcare service.

or…Why not become a MindingKids member? PAY JUST £30 TODAY for UNLIMITED ACCESS to ALL our OUTSTANDING Resources!

Avatar - Cheryl

Leave a Reply