Fees

  • Our standard nursery day is from 8am to 5pm.
  • We operate an Evening Club from 5pm to 6pm, Monday to Thursday, which is charged separately.  Please note there is no Evening Club on a Friday, and the nursery is closed from 5pm.
  • We are open for 48 weeks of the year. Please see Dates under the About Us menu of the website for further details.
  • We offer a mixture of 5 day, 4 day and 3 day a week places. Therefore, a minimum of 3 days are required. 3 day a week places must include either a Monday or a Friday.
  • Once you accept a nursery place, we charge an administration fee of £100 which is payable within 3 working days to secure the place. This is non-refundable. We also require an additional refundable deposit – this will be returned when you leave Wood St Nursery as long as you are not in arrears or breach of contract. Refundable deposits are as follows:
    • £200 for a 3 day place
    • £300 for a 4 day place
    • £400 for a 5 day place
  • If you accept a place at Wood St Nursery and then choose not to take it up, we will refund this deposit if you give us at least 3 months’ notice in writing, acknowledged by us, of your intention not to take the place. If it is less than 3 months’ notice we will retain the deposit.
  • If you are accessing a fully funded place we do not take a deposit.
  • The nursery will be closed for bank holidays, and also for 2 days a year to cover part of our staff training commitment. Normal fees apply for these days.
  • Evening Club is closed for up to two Tuesdays and two Thursdays each year to facilitate a whole staff team meeting. Fees for these sessions are not refunded.
  • Unfortunately, we cannot offer refunds for holidays and sickness as we still have to pay our staff. This also applies to food, as we do not buy individual portions.
  • If the nursery closes due to unforeseen circumstances for five days or less, normal fees will apply. If the closure extends beyond these days, the additional day’s closure will be refunded.
  • Fees at Wood St Nursery are payable monthly. Monthly fees are annualised. This means that the cost for 48 weeks of the year is divided into 12 equal monthly payments. Therefore, you will pay the same each month, regardless of how many days your child is at nursery in any given month.
  • Fees are payable monthly in advance by bank transfer
  • A minimum of two months’ notice must be given when leaving the nursery. If you leave at a time other than September, then you will be liable for fees accrued during months that have no holidays, which are normally paid back during months with holidays in them. This is because your fees are annualised, and you are paying the same amount each month, and not paying for the exact days taken in each month.
  • For children over the age of 2, a minimum of 2 months’ notice must be given to change your number of days, either increasing or decreasing. An increase is dependent on the additional day(s) being available.
  • For children under the age of 2, if you wish to decrease the number of days your child attends we require 6 months’ notice, unless there is another family wanting the day(s) you do not want. This is in place to ensure families are accepting a place for the number of days that they want.
  • If you are eligible, you can use the following government schemes to help with the cost of childcare at Wood St Nursery:
    • Tax Free Childcare
    • Universal Credit
    • Tax Credits
    • Help while you study
    • 15 hours free education and childcare for children over 2 years old for families on certain benefits, and also children with an EHC, who get DLA, or children who are looked after by the LA (and some children who have previously been looked after). Funding is available the term after the child turns 2 years.
    • 15 hours free education and childcare for children over 9 months, where parents are working at least 16 hours a week and earning less than £100,000 a year. Funding is available the term after the child turns 9 months.
    • 15 hours free childcare for all children 3 to 4 year olds. This funding is available the term after the child turns 3.
    • 30 hours free childcare for 3 to 4 year olds of parents working at least 16 hours a week and earning less than £100,000 a year. This funding is available the term after the child turns 3.
  • We do not accept cash payments.
  • Invoices are sent out on the 1st of the month and must be paid within 15 days.
  • Fees are reconciled on the next working day after the 15th, and again on the first day of the next month. This is when your account is updated. Payments are therefore not registered on the same day that you make them, and will not show up in your account until the 16th, or the first day of the month, whichever is soonest after the payment is made.
  • If fees are not received by mid-day on the 16th of the month, 10% will be automatically added to your outstanding bill, unless by prior arrangement.
  • For a break-down of our fees, including hourly rates, and rates for Evening Club and Forest School, please see attached Wood St Nursery Fees tables.
  • Fees include all meals, drinks, snacks, nappies and wipes etc.
  • Free hours – paid for by the government – do not include meals, drinks, snacks, wipes etc., and are therefore subject to a consumable fee. Please see attached Wood St Nursery Fees tables.
  • Fees do not include Forest School for Oaks children, there is an additional charge for this. Families can opt out of Forest School. The additional cost covers Forest School Lead, additional staffing, and food. Oak’s children can attend Forest School once they have been on some trips with Oaks and are felt to be ready by their key person. This will generally, but not always, be the term after joining Oaks.
  • Fees will increase every year in April at least in line with inflation or National Minimum Wage rise.
  • In the event of an increase in fees, in April or at any other time, we will give a minimum of 1 months’ notice.
  • Our hourly rate for children aged 2+ is lower than that for under-2s. The rate changes on the 1st of the month after a child’s second birthday.
  • Our hourly rate for children aged 3+ is lower than that for under-3s. The rate changes on the 1st of the month after a child’s third birthday
  • Additional sessions (half day or full day) can be booked if available. An admin fee of £2 is added for every ad hoc session booked.
  • We do not swap ad hoc sessions for regular sessions, they can only be booked in addition to your usual days. We do not make up sessions missed due to illness or holidays.

Free Early Education Entitlement – FEEE (Funded Hours) Policy

FEEE places for 3 and 4 year olds

15 Hours FEEE

We offer two FEEE places of 15 hours only, with no requirement for additional hours. This is offered over three to five sessions a week over 38 weeks in line with Waltham Forest term dates. Exact days and times may vary from time to time depending on our staff availability.

The 15 funded hours can also be used by parents to offset the fees when more than 15 hours a week are taken up. However, we do not offer this over 38 weeks, but as a stretched offer over 48 weeks. The total funded hours are 570 per year, which works out as 11 hours and 52 minutes (11.88 hours) a week for 48 weeks. The additional hours are charged at our normal over 3’s rate as shown in the table below.

30 Hours FEEE

We offer two FEEE places of 30 hours only, with no requirement for additional hours. This is offered over three to five sessions a week over 38 weeks in line with Waltham Forest term dates. Exact days and times may vary from time to time depending on our staff availability.

The 30 funded hours can also be used by parents to offset the fees when more than 30 hours a week are taken up. However, we do not offer this over 38 weeks, but as a stretched offer over our normal year. This means that instead of 30 hours a week for 38 weeks, we offer 23 hours and 45 minutes (23.75 hours) a week for 48 weeks. The additional hours are charged at our normal over 3’s rate as shown in the table below.

All FEEE Hours

Fully funded places are prioritised for families in need and are offered free, with no additional charge. Therefore, consumables which are not included in the government funding, are provided free of charge by the nursery to ensure that all families can access these hours regardless of their circumstances.

For all other funded hours, we charge for consumables. We do not charge for consumables for non-funded hours as these are included in the hourly rate we charge.

The consumable charge for 11.88 funded hours a week (15 hours stretched over 48 weeks) is £19.01 per week. This is £76.03 a month annualised (e.g. £19.01 a week, multiplied by 48 weeks, divided by 12 months to get a regular monthly payment).

The consumable charge for 23.75 funded hours a week (30 hours stretched over 48 weeks) is £38.02 per week. This is £152.06 per month annualised (e.g. £19.01 a week, multiplied by 48 weeks, divided by 12 months to get a regular monthly payment).

If at any point during your child’s time at Wood St Nursery you are unable or unwilling to pay for additional hours and our consumable charge, you apply to join our waiting list for a fully funded place. Please see our FEEE (Funded Hours) Waiting List Policy.

Forest School

Once children are settled in our 3-year-old room, they will have the opportunity to join our weekly Forest School, which takes place one morning a week at Greenway Community Garden, with a qualified Forest School lead. There is an additional charge of £12.70 per week for Forest School for 38 weeks of the year. This fee is generally annualised and charged monthly at £40.22 per month. Forest School is optional.

Monthly nursery fees with 30 hours and 15 hours FEEE for 3 year olds, without and with Forest School:

Weekly nursery fees with 30 hours and 15 hours FEEE for 3 year olds. This is for comparison only. Fees are generally annualised and charged monthly:

FEEE places for 2 year olds

15 Hours FEEE

We offer two FEEE places of 15 hours only, with no requirement for additional hours. This is offered over three to five sessions a week over 38 weeks in line with Waltham Forest term dates. Exact days and times may vary from time to time depending on our staff availability.

The 15 funded hours can also be used by parents to offset the fees when more than 15 hours a week are taken up. However, we do not offer this over 38 weeks, but as a stretched offer over 48 weeks. The total funded hours are 570 per year which works out as 11 hours 50 minutes (11.88 hours) a week for 48 weeks. The additional hours are charged at our normal over 2’s rate as shown in the table below.

Fully funded places are prioritised for families in need and are offered free, with no additional charge. Therefore, consumables which are not included in the government funding, are provided free of charge by the nursery to ensure that all families can access these hours regardless of their circumstances.

For all other funded hours we charge for consumables. We do not charge for consumables for non-funded hours as these are included in the hourly rate we charge.

The consumable charge for 11.88 funded hours a week (15 hours stretched over 48 weeks) is £19.01 per week. This is £76.03 a month annualised (e.g. £19.01 a week, multiplied by 48 weeks, divided by 12 months to get a regular monthly payment).

If at any point during your child’s time at Wood St Nursery, you are unable or unwilling to pay for additional hours and our consumable charge, you apply to join our waiting list for a fully funded place. Please see our FEEE (Funded Hours) Waiting List Policy.

Monthly and weekly nursery fees with 15 hours FEEE for 2 year olds. Please note fees will be charged monthly. Weekly fees are included for comparison purposes only.

You can find more information on funding options by following the links:              

Examples of how you can take your FEEE hours and additional paid for hours:

FEEE (Funded Hours) Waiting List Policy

If you are eligible for Free Early Years Entitlement funding – sometimes referred to as “FEEE” or “15 and 30 Hours” funding, and you are unable or unwilling to pay for additional hours and consumables, then you can apply for a free (fully funded) place here at Wood St Nursery. The following conditions apply:

  • Fully funded places are for 15 or 30 hours a week depending on individual families’ entitlement.
  • Fully funded places are Term Time Only (TTO), which is 38 weeks a year, the same as Waltham Forest schools.
  • There are 2 fully funded places available for 2 year olds for 15 hours a week.
  • There are 2 fully funded places available for 3 and 4 year olds for 15 hours a week.
  • There are 2 fully funded places available for 3 and 4 year olds for 30 hours a week.
  • Families who are eligible for the 2-year-old benefits related FEEE funding will be given priority for a fully funded 2-year-old place.
  • Any children who have taken up places under the 2-year-old benefits related FEEE funding scheme will automatically be given one of our fully funded places for 3 and 4 year olds, until they leave our nursery for school.
  • If we have no take up for benefits related FEEE funding for our fully funded 2-year-old places, then these places will be made available to other parents on the waiting list for a fully funded place.
  • If we have no take up for a fully funded place for 3 and 4-year-olds, from our 2-year-old benefits related funding scheme, then we will offer these places to other families who meet the criteria for the 2-year-old benefits related FEEE funding scheme. If we still have no take up, then the fully funded places for 3 and 4-year-olds will be made available to other parents on the waiting list for a fully funded place.
  • If you wish to go on the waiting list for a fully funded place, please apply in writing to our Business Manager by emailing admin@woodstnursery.co.uk