Nursery attending Please select a nursery Berryfields (Aylesbury) Brinds Well (Orpington) Cedar Park (Twyford) Cedars (Leighton Buzzard) Cherry Trees (Cranfield) Crescent (Birmingham) Devonshire (Chiswick) Edwalton (Nottingham) Edwinstowe Close (Cambridge) Emscote House (Leamington Spa) Field House (Bucks) Grasshoppers (Aylesbury) Grasshoppers (St Albans) Green Park (Reading) Greengables (Sandhurst) Hampstead Gate (Milton Keynes) Hertford Barns (Hertford) Highbury Lodge (Hitchin) Highfield (Birmingham) Julia Durbin (Oxford) Knowle Green (Staines) Lavenders (Bedford) Lime Grove (Hemel Hempstead) Maples (Winchester) Meadow View (Newport Pagnell) Mulberry (Maidenhead) Nature Trails (Rugby) Nene Valley (Northampton) Nursery on the Green (Redbourn) Nursery on the Green (Southall) Pennypot (Chobham) River View (Hertford) Rowan Tree (Welwyn Garden City) Sandfield (Oxford) Seabrook (Luton) West Cambridge (Cambridge) West Downs (Winchester) Westwood (Coventry) Willows (Aylesbury) Windermere (Kettering) Windmill Hill (Swindon) Woodberry (Winchmore Hill) Woodlands (Barnet) Woodlands (Milton Keynes) Time allowed for this test: 30 minutes Scenario 1
The monthly fees for Geoff in the Butterflies room are £897.37 per month.
The local authority funds Geoff 11 hours per week at £3.55 per hour for 52 weeks of the year which we spread over 12 months.
Both parents pay childcare vouchers of £243.00 per month each which reduces the balance of fees owed.
A child leaves the nursery but there is a debt outstanding of £1,538.76 due to the parents struggling financially.
The parents enter into an IVA agreement and Childbase agrees to accept to write 50% of the debt off and receive the other 50% on a monthly basis over a 5 year period.
The nursery can hold 94 full time equivalent children. The current occupancy rate is 44.1 full time equivalent children.
A Purchase Order is raised for £2,400.00 + VAT.
The supplier sends in an invoice for part of the order at £1,735 + VAT
An order is placed for gardening work for £10,350.00 + VAT. The supplier wants staged payments of 50% deposit, 40% on completion of the work and 10% 30 days after completion of the works.