The future of the Arc nursery in Southwark, London, appeared in doubtwhen the Charterhouse-in-Southwark, a local charity that owned thesetting, put it up for sale after running into financial difficulty(News, 21 January).
But parents put together a plan for running the Arc as a charitabletrust, and officially took over the reins last Wednesday as scheduled,after receiving last-minute approval from Ofsted on Tuesday.
The parents, who have formed the Arc Community Trustees (ACT), aim toreserve 20 per cent of the 47 places for vulnerable children or thosefrom low-income families. Southwark council has committed to funding aproportion of the charitable provision and ACT aims to cover the rest ofthe costs through grants and fundraising opportunities.
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