Not sure if you are mad or not but I do admire you greatly! I am sure the £400 could be covered by fundraising as you mentioned on the other thread.
I would definitely start with the Council. They might be able to give you an idea of potential "customer" base? As an non-emotional outsider I would say that is a key part of whether or not it is viable. Although, the other 2 local pre-schools would suggest that it is viable - you might just have to 'fight' them for customers. I just hear "village" and think, 'not many kids'....
I know our Council (Redbridge, Ldn) have dedicated people aimed at helping childminders with registration etc. I also remember reading from them that locally 16% of nurseries (so not pre-schools) have vacancies, although you wouldn't know that from how busy they seem.
My unborn DC isn't guaranteed a place next March at the nursery DC1 went to. I do think there is an element of marketing involved "put yourself down on the waiting list" which creates an frenzy about places etc. Maybe there is something in that. There is a local nursery that advertises in a local mag and I always think "Not sure I want to go there, they have to advertise" etc.
Reading this post did remind me that I successfully secured a grant for our local NCT, some of which went towards running a new playgroup. It was Awards for All from the National Lottery. They cover materials but not staff. www.awardsforall.org.uk/england/index.html It is a very easy application process and the turn around is quick. As mentioned on my other post though you will need to be meeting a need, ours was young mums/breastfeeding etc from memory.
Hopefully somebody who has run a pre-school will be along soon.
My sons pre school is closing Partially a slight funding deficit (£400) and also the fact that the school who it rents its premises from wants them out It is not yet a registered charity and there are 2 current staff who could be employed. As I understand it, ofsted intend to make it a rule that all pre schools have to have a manager with a degree? I could do that, if I got help with funding it. We would offer 15 hours per week initially (as per govt funding) for 5 sessions per week - a mix of afternoon and morning. Ideally, we would like to offer more hours, but due to venue restraints would have to start at 15 hours. I am pretty sure I could get a reduction in church hall fees as we would be using it for 40 odd weeks of the year. Have any of you done this or similar? Any advice?