National Minimum Standards for Regulated Day Care - Open Access Play for children aged 5 years to 12 years: statutory guidance - Audience and overview
Standards of care open access play providers must meet to look after children age 5 years to 12 years.
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Standard 12: Financial procedures
Voice of the chid: My family know this place is run properly and that I am cared for.
Well-being outcome: Children experience continuity and stability because the setting is safe, sustainable and well-managed.
The registered person is responsible for ensuring that:
12.1 Effective financial procedures are operated.
12.2 There is adequate public liability insurance, and valid insurance for vehicles and drivers if used.
12.3 If requested by Care Inspectorate Wales, records of all financial transactions and insurance relating to the provision of care to relevant children must be made available.
To assist providers, the principal regulatory requirements underpinning this standard are outlined below, followed by relevant guidance. Providers should note that neither list is exhaustive, and that providers must have regard to all standards relevant to their service and the circumstances concerned.