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Latest Oak Trust News
Sep 23, 2021
New £1 million nursery provision to be created at Oldham primary school Officers say it will support parents to take-up training and return to employment Don't miss a thing by signing up to the MyOldham newsletter here Invalid EmailSomething went wrong, please try again later. Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thank you for subscribingWe have more newsletters Show me See our privacy notice Town hall bosses have agreed to invest £1 million in creating new nursery provision at an Oldham primary school. Members of the cabinet have agreed to fund the development of a 30-place nursery class at Fir Bank Primary School in Royton. The funding will allow the building of a new extension to the Grasmere Road school to meet demand for pre-school places. Fir Bank primary is run by the Oak Trust – a multi academy trust which also runs North Chadderton School and Thorp Primary School, also in Royton. Sign up for Oldham news updates direct to your inbox Keep up to date with the top stories on life in and around Oldham with the new free email newsletter from MyOldham. The MyOldham newsletter will go out weekly with a selection of our most popular articles, including the latest on the coronavirus pandemic and how Oldham is dealing with lockdown. The trust had submitted a proposal to the council to establish a new nursery class at Fir Bank which would take on children as young as three-years-old. The investment from the council for the project comes from the basic needs funding pot, which is distributed by government. Cabinet member for children and young people, Councillor Eddie Moores said: “Council officers have worked with the Oak Trust on this important proposal which will provide much needed provision for children and families. “And it will also allow the council to fulfil its statutory obligation in regard to nursery provision.” According to the cabinet documents, the council’s cost consultant has confirmed a budget estimate of £1.089m. The money will be given to the trust in grant form, who will then procure its own design and build team to deliver the scheme. However the council will be able to oversee the project, and sit on the project board to ensure that the grant is ‘expended appropriately’. The report adds: “The Oak Trust’s vision is to provide year-round childcare and extended days through before and after school provision. “There is need for flexible provision to meet the needs of working parents. “Uptake data shows that 66pc of children attending the nursery are accessing the extended 30 hours entitlement. It will also support parents to take-up training, maintain or return to employment in the local economy.”
Oak Trust Frequently Asked Questions (FAQ)
When was Oak Trust founded?
Oak Trust was founded in 2004.
Where is Oak Trust's headquarters?
Oak Trust's headquarters is located at 367 Queens Avenue, London.
What is Oak Trust's latest funding round?
Oak Trust's latest funding round is Acquired.
Who are the investors of Oak Trust?
Investors of Oak Trust include Raymond James & Associates.
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