An eclectic mix of some of the finer things in life - politics, sport, music, humour and God. Welcome!
At least that will be one less NGO (if that's what they are) and its attendant retinue of pseudo-bureaucrats sponging subsidies off my taxes.
Pleased to hear that KS.When I read the article there was enough information in it for me to deduce that it wasn't you.
I would have thought that it would have been a very difficult thing to go bust given the present amount of government support available for the sector - that is was a licence to print money. I did notice that it did refer to the business being one of the fastest growing in 2009. I wonder if overreaching did for them?
The MoE funding methodology makes growth something of an enemy Michael. The sector is bulk-funded three times a year - forward funded on retrospective figures. If we were to enrol a child on 1 February, we would effectively receive no funding for that child until 1 July. Rapid growth requires a strong line of credit!
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