buying a nursery: ofsted

For the unwary, this can have devastating consequences. one of the registered individuals of a school which does any of the following: admits children to their register who are not yet 2 years old, provides care for children under 2 years old where at least 1 child attends for more than 2 hours a day, provides care for children who are not pupils at the school, you are working with 3 or more other adults at the same time, the children are looked after in someones home, either your home or someone elses, background information on childminder agencies on the, your organisations contact details, including individuals who form part of it, the contact details of your organisations nominated individual, details of any previous registration with Ofsted, ensure each person who will be in a governance position. It is still a highly desirable investment. I would encourage anyone considering their exit within the next two years to contact us to discuss if now is the right time for them to exit, he says. If you know what the inspector is looking for, you can ensure that your setting meets those requirements. Your inspection day is not the time to try anything new. For more information, visit schooltransfer.co.uk, You'll also receive regular updates from Teachwire with free lesson plans, great new teaching ideas, offers and more. The impact of this self reflective practice takes us [children, staff and parents] from strength to strength.. I sold it last year as a 68-place nursery with a before- and after-school club and minibus. We had gone from there just being one small nursery down the road to competition from around eight settings in a one-mile radius. Check whether you should be registering as one of the following instead of as a daycare organisation: I dont regret selling the business - I possibly should have done it sooner.. The necessary planning permission will have been secured. We use some essential cookies to make this website work. Therefore, its important for you and our staff to have a good read of this handbook. You can change your cookie settings at any time. So, if youre not on the ball, you could find yourself in a position where the seller terminates their Ofsted registration to coincide with the sale before your new nursery business is registered, leaving you in the desperate situation of having children on your books with you unable to provide them with day care. Setting up a holding organisation above their existing structure and/or create new subsidiaries below; this, of course, makes perfect business sense. Two approaches. You will need to maintain your Ofsted registration with an annual fee. Inspection outcomes where there were no children on roll. ), Encourage staff to share previous inspection experiences, List of current staff and their qualifications, including in paediatric first aid, Register/list showing the date of birth of all children on roll and routine staffing arrangements, List of children present at the setting during the inspection (if not shown on the register), Disclosure and Barring Service (DBS) records and any other documents summarising the checks on, and the vetting and employment arrangements of, all staff working at the setting, All logs that record accidents, exclusions, children taken off roll, and incidents of poor behaviour, All logs of incidents of discrimination, including racist incidents, Complaints log and/or evidence of any complaints and their resolutions, Safeguarding and child protection policies, Fire-safety arrangements and other statutory policies relating to health and safety, List of any referrals made to the local authority designated person for safeguarding, with brief details of the resolutions. Often when nurseries are expanding, under advice from financial advisors, they will change their company structure. Need help with a feature? Not only is it illegal, but you want to create a recruitment process that focuses on respect, equality, inclusivity, and diversity. You can change your cookie settings at any time. I agreed a sale two months later after seven viewings and two offers. The Charity Commission has launched a compliance case into the Abu Bakr Trust, which runs three schools and a nursery in Walsall, in the West Midlands, after staff used social media channels to . 4 Providence Court Pynes Hill Exeter Devon EX2 5JL, Truelegal Solicitors 4 Providence Court, Pynes Hill Exeter, Devon, EX2 5JL, Automated page speed optimizations for fast site performance. Lets get down to the specifics. It is clear that the Covid-19 pandemic has increased safeguarding risks EY settings. Our reputation for identifying and prioritising the value-driving aspects of a business transaction and our get-it-done attitude have won us repeat clients and multiple referrals from business brokers and transfer agents. What buyers are looking for in a nursery is very personal. For an Ofsted Requires Improvement nursery, you provide an acceptable quality of education and care for children, however, it still needs work. When business owners need practical legal advice, delivered by sector experts, they turn to Truelegal. While some want a profitable and cash generative business, Robert Yates, head of sales at Redwoods, says others are looking to turn around closed or underperformingsettings to gain healthy adjusted profit levels. This will help you -and your staff- gain a thorough understanding of what an Outstanding setting entails. Areas needing improvement will be identified by your inspector. At all stages in the recruitment process (and in life generally), it is imperative that you do not adopt any attitude of discrimination. If you then do hit problems as we did, at least youll have been prepared for it. It was previously rated 'good' following an inspection in 2017. Outstanding settings receive fewer inspections. In addition, the costs of the landlords solicitor (to be met by the seller or buyer by agreement) are often a surprise not budgeted for. New entrants and people who have registered with us say that this was always going to be their year to enter the sector, and Covid hasnt changed that, says director of childcare and education, Jenna Caldwell. I was surprised to be told how unique my nursery was. The next step was for us to apply for what was then Day Nursery Registration from Ofsted. This is where youre most likely sitting. They dont know you had a potato planting session a couple months ago, or about that parent picnicTherefore you need to show them. A Thornton Heath nursery was rated 'inadequate' after inspectors found children became bored and disruptive after being made to sit for long periods. It was bought by a growing group which wanted to expand in the area and has a model of buying four nurseries in a ten-mile radius overseen by an area manager. OFSTED. I did feel I was being deceitful when I told staff that the valuer was from an insurance company, but I did not want staff and parents to be unnecessarily worried. The alternative buying a business that someone else has already established and run for a number of years also has a number of advantages. Unfortunately the actual sale was not easy and it was not completed until December. I can see that Im leaving the nursery in good hands., Smart Start Private Day Nursery in Oldham, Greater Manchester. (And rest assured that lying wont work in your favour to bump up your rating). The nursery confirmed its temporary closure to Nottinghamshire Live but refused to comment further. I can also see commuter areas being far more in demand, but central London may become quieter. (You can unsubscribe at any time.). London (Day Nursery / Nursery School For Sale) Established in 1995 by the current owner Fees income for year-end 2021 of 169,381 with an EBITDA of 51,107 Rated 'Good' by Ofsted on its last inspection Brand new 5-year lease Places for 32 children. However, to ensure that you can do so, you will also need to make sure that you have the right to occupy the business premises and that, in most cases, will depend on an assignment of the sellers lease. How involved are the parents at the setting? You will need to register as a daycare organisation if you are running a childcare business where both of the following apply: This is known as providing childcare on domestic premises. Starting from scratch It need not be a scary/stressful document. These are: Inadequate, Requires Improvement, Good, and last but not least, Outstanding. We have helped many owners all over the . Buyers are looking for deals and are prepared to work to tight timescales to secure the right opportunities. Rest assured, whether you are buying your first nursery or a second or third setting our knowledge and expertise within this sector will ensure the process is smooth and stress free. I found Redwoods very reassuring and helpful because of all their experience in the sector. View our step-by-step answers. Consider how effectively the manager supports staff to promote the learning and development of all children. Well send you a link to a feedback form. The companys founders, Peers and Susan Carter, ran their own school and day nursery in Kent for many years. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. Here are some policies that you should implement: Write out the approach that you take to recruiting staff or volunteers to work with your children. The building belonged to the Mormon Church, and they wanted to sell it in order to expand. And this is the time to let the nursery shine! I get that if a child is tired then should be allowed to do so, but surely a parent has a right to request that their child is woken after a certain amount of time in . Ogley Hay Nursery School retains Ofsted outstanding rating for third year in a row By Adam Smith Walsall Education Published: Just now Staff at Ogley Hay Nursery School, Brownhills, are. I therefore spent half the night before working out what I thought everyone else might bid and then bid 501 more. Well established family owned children's day nursery registered for 52 childrenFee Income 371,408 per annum (y/e 31.08.21) with an EBITDA of 107kLocated in the highly desirable town of Wadebridge in a convenient and accessible setting. It was exhausting and made harder because I had to keep it secret from my staff so I did not jeopardise the sale. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Nurseries can be bought from anything from 20,000 for one that has been run in a rented hall, where you're buying the name and goodwill, and up to millions for a purpose-built freehold property with staff and a list of names waiting for places. Whats more, until such time as the registration has taken effect, your new business will not be allowed to operate. Razia Nurmohamed, Quality Director at our very own Blossom Tree, shares her thoughts: Reflective practice is a critical tool to improve. Weve saved you the trouble. This was a long time ago now 12 years and I sincerely hope the process has changed since. Parents overall satisfaction with the service and care provided to their child (ren). This guidance is for those who are registered, or want to register, with Ofsted. If you have certain activities planned, again inform your inspector so that they can make time to observe this. The African veldt; The Lake District; the seaside at Broadstairs; the sky at night, complete with little green spacemen for the Baby Sleep room all charming scenes with lots of things for children to discover and help them exercise their imaginations. When you have completed this application, you must also: You will receive an email telling you to complete these steps. This is not a change in law or practice. You need to be confident that the numbers stack up. Some suggestions to encourage reflective practice at your setting: At some point during your inspection, there will come a time for joint observations. Selling the nursery was a rollercoaster ride which I could not have gone through without the skill of Redwoods, who communicated with the interested parties and solicitors, as well as being supportive of me. Buying an out-of-school club is a similar process to buying a nursery - and believe me, I made mistakes. This includes audited accounts for the past three years, projections for the current and following years, registration documents, Ofsted reports and property valuations. To register your organisation, you will need to have the following details: Everyone who wants to join your organisation in a governance position, such as a committee member, will need to apply to Ofsted. If you are registered on the Childcare Register you must meet either or both of the voluntary or compulsory Childcare Register requirements, depending on your registration. We also use cookies set by other sites to help us deliver content from their services. You can expect to receive a telephone call at around midday on a working day before the start of the inspection. To achieve an Outstanding, The Early Years Inspection Handbook needs to be studied and its principles put into practice at your setting. This is another matter that commonly causes problems for buyers of childrens day nurseries. Easily shared with your team. Make The Early Years Inspection Handbook familiar and readily available. They are national organisations and will typically look at any large nursery in an urban area, but a note of caution they can be very tough to deal with, so youll likely need good advice and help (which STC is happy to provide). In these circumstances it is normal to agree and include the following provisions in the contract: a) that the seller continues to provide some form of consultancy to the new business (it may be as little as a couple of hours a week) and b) for you, the buyer, to provide an indemnity to the seller agreeing that should Ofsted make any kind of claim against the seller with regard to the Ofsted registration, you will reimburse the seller for the amount of the claim and any associated costs. The more staff understand what constitutes an Ofsted Outstanding nursery, the more confident they will be on inspection day. However, they most likely will consider your settings: When it comes to Ofsted nursery ratings, consider the 3 Is. You get to select all your own staff. Step 3. On top of this, describe to your inspector how well you do in fact know your children. Step 1. Tips to help staff prepare. Cornwall, England, England. There was just something about the way the front door, set within a Gothic arch, welcomed you into a special, homely place. If you are an owner thinking that youll leave it until next year, perhaps bear in mind there may be another 500 owners are thinking the same. Some owners are being cautious about putting their nursery on the market, but with buyers' enquiries going through the roof, now is a good time, advises Mr Yates. She reminds me of a younger version of myself a trained teacher, very caring and has ambitions for marketing the business. Some nursery practitioners will constantly ask for new things that they then decide they dont want after six months and some owners will fail to control this! By 501. Above all encourage positivity and remember to celebrate your staff and setting. We designed our own logo and adopted the strapline Intelligent Daycare, based on the way our focus was on the child, not merely the convenience of the staff. Your inspector will be trained to use these grade descriptions when confirming grades. Dont include personal or financial information like your National Insurance number or credit card details. It is important to consider the positives as well as considering things that dont always go well. For an Ofsted Good rated nursery, you usually receive a brief, 1-day inspection as they provide for all childrens needs and prepare them well to continue their education journey. OFSTED's report history is another important consideration. Boosting your rating from an Ofsted Good nursery, to an Ofsted Outstanding nursery will not happen overnight but its clear that its not impossible either. Nurseries have remained open during the tough times and continued to generate income obviously not as high as what it should have been but the sector has shown resilience..

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