We worked with a community hub whose children’s nursery had been losing money for three years due to falling numbers and increasing costs.
Like many community buildings, the main income was from room hire and events. The nursery was an important part of their social mission but was threatening the hub’s future. Through our Lifeboat Service we looked at options with the Board. We helped the organisation to develop cash-flow forecasts, secure loan finance and revise the business model. While the nursery had to close, room hire income has increased as there is now more space to let, improving long-term sustainability.