Why do you have to show where the money has gone? That's ludicrous. It's perfectly possible for a childminder to deliver high quality education without spending a penny on new resources (don't tell my dh). Are we not allowed to be making a profit?

I could understand if it were a capital grant or something, but surely this is different?

This reminds me why I don't do the free funding, my la has so many hoops to jump through... Joining the network and essays and observations of my practice and paperwork and meetings etc. I'd like to offer it to be able to retain children as they get older but can't face taking on any more paperwork, let alone working not for profit!