Funding for a new buildling | Royal Bank of Scotland

Funding for new building helps playgroup give children a good start

When rain started to leak through the roof of St. Jerome’s Preschool Playgroup’s home in Liverpool, the trustees decided that it was time to replace the ageing building that they had been renting for 30 years.

St. Jerome’s Preschool Playgroup is a registered charity whose surplus funds are ploughed back into facilities for the children. Although the playgroup had saved its surplus over the years, it was not enough to pay for a new building.

The building and land belong to the Archdiocese of Liverpool so the charity’s trustees sought its permission to build a new facility on the site of the old building. Having obtained permission, the trustees then approached Tracey North, Relationship Manager at NatWest, who arranged the necessary loan. 

The funding from the bank, together with the saved surplus, was used to buy and equip a modular prefabricated building, which was completed within budget and in time for the start of the autumn school term. The new home will enable the playgroup to expand and to offer an after-school club. "We are so pleased to be able to help out with the new building – St Jerome’s Preschool Playgroup plays such a crucial role in the local community." says Tracey. "The trustees have also seized the opportunity to expand the range of activities that they are offering and we wish them well for the future."

 

Tracy at NatWest has been a real help to us in arranging funding. The new building has created a real buzz amongst parents, children and staff

 

Mike McLachlan, Trustee, St.

Jerome’s Preschool Playgroup

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