Childcare Fees at Banana Moon Edgbaston.
At Banana Moon Edgbaston we aim to make the process of paying fees as simple as possible. All invoices are sent to parents via an app so you always know where you are.
We are open 51 weeks of the year and only close between Christmas day and New Years' and closed for all Bank Holidays. For this reason, we calculate fees over 51 weeks of the year.
Invoices are calculated in the following way:
A number of sessions/days attending x 51 weeks divided by 12.
This ensures parents receive the same invoice amount every month which is great for financial planning for our families. We know many parents do like to book extra sessions, and those will be charged as induvial day rates additional to invoices.
We offer both private and funded places. For funded places, parents are charged on their actual sessions so that termly funded amounts can be deducted. Funding can be received by some 2, 3 and 4 year olds by the local authority, and is provided over 38 weeks of the year.
At Banana Moon Edgbaston we aim to make the process of paying fees as simple as possible. All invoices are sent to parents via an app so you always know where you are.
We are open 51 weeks of the year and only close between Christmas day and New Years and closed for all Bank Holidays. For this reason, we calculate fees over 51 weeks of the year.
Invoices are calculated in the following way:
Number of sessions/days attending x 51 weeks divided by 12.
This ensures parents receive the same invoice amount every month which is great for financial planning for our families. We know many parents do like to book extra sessions, and those will be charged as induvial day rates additional to invoices.
We offer both private and funded places. For funded places, parents are charged on their actual sessions so that termly funded amounts can be deducted. Funding can be received by some 2, 3 and 4 year olds by the local authority, and is provided over 38 weeks of the year.
Early Years Funding:
More information about funding can be found on the link below:
Your child maybe entitled to 2 years old funding from the term after their second birthday the link above would allow you to check this.
The term after a child turns 3 they become eligible for 3 and 4 year old universal entitlement. Also known as 15- and 30-hours funding. All 3- and 4-year-olds will receive 15-hour funding from the term after their 3rd birthday. Some children may be entitled to extended entitlement giving them 30 hours of funding. To receive this a validation code would be needed the term before the funding is used.
If your child is using funding, we at the nursery will require parents to fill out a funding declaration form each term, and a parent declaration form required by the Local Authority. Once these are complete the nursery will share details with the Local Authority to obtain the relevant funding and then deduct this form your invoices.
To find out what your child is eligible for visit :
Once you have a Extended Entitlement code we ask that you share this with the nursery. We will ask you to complete a Parent Declaration form. We will require you to re validate your code every 3 months. HMRC will prompt parents when the code is due to expire.
What is EYPP funding?
This is additional funding received by the nursery for children families who fall under the categories below
You can apply for early years pupil premium if your child is aged 3 or 4 and you get 15 hours free childcare.
You must also get at least one of the following:
· income-based Jobseeker’s Allowance
· income-related Employment and Support Allowance
· support under part six of the Immigration and Asylum Act 1999
· the guaranteed element of State Pension Credit
· Child Tax Credit (provided you are not also entitled to Working Tax Credit) and have an annual gross income of no more than £16,190
· Working Tax Credit run-on, which is paid for 4 weeks after you stop qualifying for Working Tax Credit
· Universal Credit - your household income must be less than £7,400 a year after tax not including any benefits you get
You may also get early year’s pupil premium if your child is currently being looked after by a local authority in England or is no longer in care due to:
· adoption
· special guardianship order
· a child arrangements order
If any of the above apply to you we ask that you please fill the details in onto the declaration forms. This will then allow us to claim additional funding to provide further support for your child whilst they attend our nursery.
If you have any queries about what you may be entitled to or require help completing the relevant paperwork we are happy to help. Please email us on info@bananamoon_edgbaston.co.uk or call a member of the team on 0121 454 2088 and we can talk you through the process.
More information about funding can be found on the link below:
Your child may be entitled to 2 years old funding from the term after their second birthday the link above would allow you to check this.
The term after a child turns 3 they become eligible for 3 and 4-year-old universal entitlement. Also known as 15- and 30-hours funding. All 3- and 4-year-olds will receive 15-hour funding from the term after their 3rd birthday. Some children may be entitled to extended entitlement giving them 30 hours of funding. To receive this a validation code would be needed the term before the funding is used.
If your child is using funding, we at the nursery will require parents to fill out a funding declaration form each term, and a parent declaration form required by the Local Authority. Once these are complete the nursery will share details with the Local Authority to obtain the relevant funding and then deduct this from your invoices.
To find out what your child is eligible for visit :
Once you have an Extended Entitlement code we ask that you share this with the nursery. We will ask you to complete a Parent Declaration form. We will require you to re-validate your code every 3 months. HMRC will prompt parents when the code is due to expire.
What is EYPP funding?
This is additional funding received by the nursery for children families who fall under the categories below
You can apply for early years pupil premium if your child is aged 3 or 4 and you get 15 hours free childcare.
You must also get at least one of the following:
· income-based Jobseeker’s Allowance
· income-related Employment and Support Allowance
· support under part six of the Immigration and Asylum Act 1999
· the guaranteed element of State Pension Credit
· Child Tax Credit (provided you are not also entitled to Working Tax Credit) and have an annual gross income of no more than £16,190
· Working Tax Credit run-on, which is paid for 4 weeks after you stop qualifying for Working Tax Credit
· Universal Credit - your household income must be less than £7,400 a year after tax not including any benefits you get
You may also get early year’s pupil premium if your child is currently being looked after by a local authority in England or is no longer in care due to:
· adoption
· special guardianship order
· a child arrangements order
If any of the above apply to you we ask that you please fill the details in onto the declaration forms. This will then allow us to claim additional funding to provide further support for your child whilst they attend our nursery.
If you have any queries about what you may be entitled to or require help completing the relevant paperwork we are happy to help. Please email us at info@bananamoon_edgbaston.co.uk or call a member of the team on 0121 454 2088 and we can talk you through the process.
@BananaMoon - 3 years ago
Get in touch today
We are confident you will appreciate our nursery, its setting and facilities. Should you wish to visit, we are available at any time to meet with you. Any comments or input from parents are always welcome.
Opening Times
We are open 7.00am - 6.30pm
Edgbaston
Banana Moon Day Nursery, Highfield Road
Birmingham
B15 3DU
info@bananamoon-edgbaston.co.uk
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