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← Busy Bees Blaenavon Day Nursery And Kids Club

2023-08-31-accounts

Busy Bees Blaenavon Day Nursery and Kids Club Ltd Trustees Annual Report September 2022-2023 Busy Bees 2022 - 2023

Busy Bees Blaenavon Day Nursery and Kids Club Trustees Annual Report 2023

Management Board Report for the year ended 31[ st ] August 2023

References and Administra�on informa�on

Charity Name: Busy Bees Blaenavon Day Nursery and Kids Club Ltd Charity registra�on number: 1126728 Company Registra�on Number 06495575 Registered Office and Park Street Opera�onal address Blaenavon Torfaen NP4 9AA

Management Commi�ee

Tom Wood Chair Susan Driscoll Sophie Gallear Joanne Walters (pending registra�on with Companies House) Stacey Thomas Emma Lewis (pending registra�on with Companies House) Ryan Redman Natalie Christofferson (pending registra�on with Companies House)

Secretary

Cara Boddington

Our Aims and Objec�ves

At Busy Bees we aim to:-

Ensuring our work delivers our aims

How our ac�vi�es deliver public benefit

Financial review

Following the financial challenges of 2021/2022 in which we had to take out a loan to control our cash flow, this year has been much more stable. There has been a gradual uptake of children a�ending in all sec�ons including Childcare Offer and Flying Start.

There was a massive increase in income from the childcare offer and Flying Start, fee income rose by around 6%. There is also more supported childcare funded by TCBC in the last 18 months than there was previously.

Wages rose by a staggering 25% - this is a fairly even split between increase in the number of children and the increase in the minimum wage. Overall administra�ve costs, including groceries, u�li�es and all other non wages costs rose by around 10%.

We have ended the year with a much more stable financial base from which to operate. We will have completely paid off the loan taken out during covid in November, which will help our monthly cash flow.

We received two separate grants from the government in August which will pay for a new bus, staff computer, carpet, no�ce board and some other equipment for the nursery.

Our cash flow projec�ons look stable for the next year to 18 months. Hopefully the nursery con�nues to go from strength to strength and this forecast con�nues to look stable as we move into the next five years.

Principle Funding Sources

Aside from the principal income generated by the services we provide, we con�nue to receive funding from Torfaen County Borough Council to provide Free Flying Start preschool places within both Busy Bees Blaenavon and at BICC, and from September 2018 many families have accessed the Free 30 Hours childcare offer.

Structure, Governance and Management

Governing Document

The organisa�on is a charitable company limited by guarantee, incorporated on the 6[ th ] of February 2008 and registered as a charity on the 30[ th ] of June 2008. The company was established under a Memorandum of Associa�on which established the objects and powers of the charitable company and is governed under its Ar�cles of Associa�on. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and Appointment of Management Commi�ee

Some of the directors of the company are also charity trustees for the purposes of charity law Under the company’s Ar�cles directors/trustees are known as members of the Management commi�ee. All members of the Management Commi�ee give their �me voluntarily and receive no benefit from the charity.

The Management Board has a mix of parents and staff to ensure that all aspects are covered and that it can be func�onal as a Board.

Risk Management

Day to day risk assessment procedures and policies are in opera�on throughout the nursery. These are maintained and reviewed by the Manager. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the building and to the satellite group Busy Bees @ BICC

Organisa�onal Structure

Busy Bees has a Management Board of ten members who meet monthly and are responsible for the strategic direc�on and policy of the charity. The Management Board at present has several members from professional backgrounds and several who do not in order to fully represent the community we support.

A Management structure is in place. Day to day responsibility for smooth running rests with the Nursery Manager, supported by the Registered Individual and deputy managers.. The Nursery Manager reports to the Management Board.

Related Par�es

Responsibili�es of the Management Commi�ee

Company law requires the Management Commi�ee to prepare financial statements for each financial year which give a true and fair view of the affairs of the company as at the balance sheet date and of its incoming resources and applica�on of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management board should follow best prac�ces and:

Select suitable accoun�ng policies and then apply them consistently

Make judgements and es�mates that are reasonable and prudent; and

Prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will con�nue on that basis.

The management board is responsible for maintaining proper accoun�ng records which disclose with reasonable accuracy at any �me the financial posi�on of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. The Management Board is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the preven�on and detec�on of fraud and other irregulari�es.

Members of the Management Commi�ee

Members of the Management Commi�ee, who are directors for the purpose of company law, Tom and Sue are also trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 2.

In accordance with company law, as the company directors, we cer�fy that;

So far as we are aware, there is no relevant informa�on of which the company directors are unaware; and

As the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant informa�on and to establish that the management board is aware of that informa�on.

This report has been approved by the Management Board on 12/12/2023 and signed on its behalf by Cara Boddington

Cara Boddington

Busy Bees Blaenavon Day Nursery and Kids Club

Statement of Financial Ac�vi�es (including Income and Expenditure Account) for the year ending 31[ st ] August 2023

THE FIGURES FOR 2021/2022 ARE NOT CONFIRMED AT THIS POINT. THEY WILL BE AFTER THE ACCOUNTANTS HAVE PROCESSED THEM

Opening balance 1/9/2022 £36672.25

2018/2019 2019/2020 2020/2021 2021/2022 2022/2023
Turnover
Interest Income £2.38 £116.76
Other revenue -£56.52 £0.00
30 Hours Childcare Ofer £102,330.0
0		 £61,895.00 £68,712.77 £90,268.38 £153,910.00
Fees £228,744.0
0		 £148,331.0
0		 £181,806.7
0		 £260,116.84 £273,562.25
Flying Start £96,550.00 £92,781.00 £65,621.40 £83,440.01 £122,793.45
TCBC income £13,750.00 £11,310.00 £30,118.60 £39,103.63 £37,944.44
Total Turnover £441,374.0
0		 £314,317.0
0		 £346,259.4
7		 £472,874.72 £588,326.90
Other income
Bethlehem Congrega�onal Church -£342.08 £413.72
Fundraising and Dona�ons £2,094.00 £801.00 £453.92 £2,229.64 £414.39
Grants £11,905.00 £89,982.00 £14,089.68 £13,254.95 £28,403.71
HMRC JRS Grants £3,985.73
Kickstarter £1,882.32
Dona�ons £2,462.00 £22,477.00 £210.01 now in
Fundraising		 £0.00
Total other Income £16,461.00 £113,260.0
0		 £14,753.61 £21,010.56 £29,231.82
Total Income £457,835.0
0		 £427,577.0
0		 £361,013.0
8		 £493,885.28 £617,558.72
Cost of Sales
Direct Wages £334,560.0
0		 £279,574.0
0		 £308,894.0
0		 £381,880.80 £437,741.47
SMP Compensa�on -£242.14
SMP Reclaim -£8,072.87
Total Cost of Sales £334,560.0 £279,574.0 £308,894.0 £373,565.79 £437,741.47
0
0
0
Administra�ve Costs
Accountancy Fees
£2,160.00
£2,160.00
£2,160.00
£2,270.68
£2,986.96
Bank Fees (was bank fees and interest)
£263.00
-£25.00
£165.00
£317.61
£271.73
Charitable and Poli�cal Dona�ons (RBL,
OMJ, FPIES, Sparkle)
£1,029.78
£258.93
PPE/Cleaning (previously part of
groceries)
-
-
£6,481.59
£7,324.31
£6,412.50
Employers Na�onal Insurance (previously
part of wages)
£12,379.73
£20,458.29
Equipment (was Equipment/Resources)
£2,717.00 £33,136.00 £6,383.00
£2,007.49
£3,642.69
General Expenses
£5,252.19
£6,657.88
Groceries/Consumables
£19,721.00 £17,776.00 £12,440.00
£15,388.72
£18,572.64
Insurance
£2,045.00
£3,667.00
£4,581.00
£2,153.70
£1,944.81
Interest Paid
£62.06
IT So�ware and Consumables
£2,604.94
£2,374.84
Light, Power, Hea�ng (was U�li�es)
£8,202.00
£7,721.00
£9,206.00
£8,693.98
£9,195.85
Motor Vehicle Expenses (was
Fuel/Escorts)
£4,212.00
£3,154.00
£2,219.00
£7,288.80
£4,146.80
Pension Costs (was within wages)
£3,620.08
£2,703.07
Postage Freight and courier (was in
admin)
£16.15
£6.65
Prin�ng and Sta�onary (was in admin)
£1,878.44
£1,973.78
Rates (prevoiusly in building)
£2,660.00
-£593.36
Rent
£17,204.00 £13,904.00 £15,461.00
£16,599.74
£17,381.24
Repairs and Maintenance (previously in
building)
£1,522.39
£2,566.18
Resources (was
consumables/equipment)
£2,277.63
£3,079.93
Training (was training/Uniform)
£3,169.00
£811.00
£1,962.00
£2,028.00
£837.00
Uniform
£198.75
£279.79
Telephone and internet (was IN u�li�es)
£763.57
£1,131.37
Trips/Treats
£113.00
£324.00
£37.00
£80.80
£127.00
Admin
£5,089.00
£540.00
£4,260.00
Now in
accountancy/prin
�ng and
sta�onery/postag
e/general
expenses
Licences/membership
£642.00
£545.00
£260.00
Now in general
expenses
Building £27,776.00 £43,517.00 £8,149.00 Now in
repairs/general
expenses
Total Administra�ve Costs £93,313.00 £127,230.0 £73,764.59 £98,419.54 £106,416.57
Loan Repayments £4644.72 £3,693.54 £5478 £12051.44 £10,487.16
Loans received £20000 £8125 £24640.96 £0.00

Closing Balance 31/08/2023 £99,585.77

Profit for year £62,913.52

Busy Bees Blaenavon Day Nursery and Kids Club

The average number of employees during the year, including full �me and part �me posi�ons

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
1 1 1 1 1 1 1 1 1 1
3 3 3 5 5 5 5 5 5 5
3 2 2 1 1 1 1 2 1 2
19 20 20 20 19 19 18 21 22 25
4 4 4 4 5 6 6 7 6 6
30 30 30 31 31 33 31 36 35 39

Trustee Remunera�on and Related Party Transac�ons

No members of the management board received any remunera�on during the year. No trustee or other person related to the charity had any personal interest in any contract or transac�on entered into by the charity during the year.

Taxa�on

As a charity Busy Bees is exempt from tax on income and gains falling within sec�on 505 of the Taxes Act 1988 or s256 of the Taxa�on of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity

Busy Bees Blaenavon Day Nursery And Kids Club Busy Bees Park Street

Blaenavon Pontypool Torfaen NP4 9AA

21 May 2024

Our ref: B0366L/SH/APO

Dear Cara,

FINAL ACCOUNTS

I am pleased to enclose the following:

  1. Final Accounts for the year ended 31 August 2023 for your approval

  2. A detailed Corporation Tax computation

  3. The Company Tax Return (CT600)

Please sign these documents so that they can be filed with HM Revenue & Customs and Companies House before 31/05/2024 to avoid any late filing penalties.

CORPORATION TAX

Please note that the Corporation Tax Return (CT600) must be submitted by 31/08/2024 and there are penalties for late submission.

There is no Corporation Tax Due.

OPENING BALANCE ADJUSTMENTS

These have been updated on Xero by our bookkeeping team.

FEE

Our VAT invoice is being sent to you in a separate email, please pay the balance on your account of £1,628.55.

FEEDBACK

We will be sending you an email with a link to a short questionnaire and would be very grateful for your feedback. All results each month are entered into a prize draw with a chance to win a tax-free gift voucher to the value of £50.00 , or alternatively we can donate £100 to our nominated Charity of the year for 2024, The Alzheimer’s Society.

Yours sincerely

==> picture [93 x 35] intentionally omitted <==

Scott Harris

REGISTERED COMPANY NUMBER: 06495575 (England and Wales) REGISTERED CHARITY NUMBER: 1126728

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

FOR

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5 to 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 19
Detailed Statement of Financial Activities 20 to 21

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

At Busy Bees we aim to:-

o Promote a community ethos where adults and children can reach their full potential. o Provide a warm, caring, inclusive and family environment for children aged 0 - 11 years, where each child and adult is treated as an individual and their unique qualities are recognised and celebrated. o To enable children's learning by providing experiences and opportunities that are fun, stimulating and appropriate.

Ensuring our work delivers our aims

o Continually monitoring local demands and requirements so we can offer a service that is flexible and accessible.

o Liaising with members of the community such as Health visitors and school representatives, as well as employers, trade associations and local community groups.

o Ensuring our facilities are safe and secure and an appropriate environment for our activities.

How our activities deliver public benefit

o Affordable quality childcare enables parents to continue or return to work, improve their skills with training and further education. This includes escorting children to and from school and nursery for parents that would be unable to work without our services.

o Allowing community groups to utilise our facilities to run activities and meetings.

o Supporting families in need of respite or childcare to enable them to better their quality of life for themselves and their children.

o Actively employing local people and providing on the job training and experience opportunities for students.

o Working in tandem with local health professionals to target families in need and delivering a service that improves the quality of life of the whole family.

Page 1

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

STRATEGIC REPORT

Financial position

Following the financial challenges of 2021/2022 in which we had to take out a loan to control our cash flow, this year has been much more stable. There has been a gradual uptake of children attending in all sections including Childcare Offer and Flying Start.

There was a massive increase in income from the childcare offer and Flying Start, fee income rose by around 6%. There is also more supported childcare funded by Torfaen County Borough Council in the last 18 months than there was previously.

Wages rose by a staggering 25% - this is a fairly even split between increase in the number of children and the increase in the minimum wage. Overall administrative costs, including groceries, utilities and all other non wages costs rose by around 10%.

We have ended the year with a much more stable financial base from which to operate. We will have completely paid off the loan taken out during covid in November, which will help our monthly cash flow. We received two separate grants from the government in August which will pay for a new bus, staff computer, carpet, notice board and some other equipment for the nursery.

Our cash flow projections look stable for the next year to 18 months. Hopefully the nursery continues to go from strength to strength and this forecast continues to look stable as we move into the next five years.

Principal funding sources

Aside from the principal income generated by the services we provide, we continue to receive funding from Torfaen County Borough Council to provide Free Flying Start preschool places within both Busy Bees Blaenavon and at BICC, and from September 2018 many families have accessed the Free 30 Hours childcare offer.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on the 6 th of February 2008 and registered as a charity on the 30 th of June 2008. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of Management Committee

Some of the directors of the company are also charity trustees for the purposes of charity law. Under the company’s Articles directors/trustees are known as members of the Management committee. All members of the Management Committee give their time voluntarily and receive no benefit from the charity.

The Management Board has a mix of parents and staff to ensure that all aspects are covered and that it can be functional as a Board.

Page 2

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

Busy Bees has a Management Board of eight members who meet monthly and are responsible for the strategic direction and policy of the charity. The Management Board at present has several members from professional backgrounds and several who do not in order to fully represent the community we support.

A Management structure is in place. Day to day responsibility for smooth running rests with the Nursery Manager, supported by the Registered Individual and deputy managers. The Nursery Manager reports to the Management Board.

Responsibilities of the Management Committee

Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the affairs of the company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management board should follow best practices and select suitable accounting policies and then apply them consistently, make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis.

The management board is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Management Board is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Management Committee, who are directors for the purpose of company law, Tom and Sue are also trustees for the purpose of charity law, who served during the year and up to the date of this report.

In accordance with company law, as the company directors, we certify that; so far as we are aware, there is no relevant information of which the company directors are unaware; and as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the management board is aware of that information.

Related parties

Risk management

Day to day risk assessment procedures and policies are in operation throughout the nursery. These are maintained and reviewed by the Manager. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the building and to the satellite group Busy Bees @ BICC

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06495575 (England and Wales)

Registered Charity number

1126728

Page 3

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

Registered office

Busy Bees Park Street Blaenavon Pontypool Torfaen NP4 9AA

Trustees

C F Boddington Finance officer S J Driscoll Nursery Manager S M Gallear Childcare T R Wood Director S Thomas Childcare Practitioner R C Redman Accountant E Livings Dance Teacher J Walters Childcare Practitioner

Company Secretary

C F Boddington

Independent Examiner

Scott Harris FCCA Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 21st May 2024 and signed on the board's behalf by:

==> picture [132 x 35] intentionally omitted <==

C F Boddington - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

Independent examiner's report to the trustees of Busy Bees Blaenavon Day Nursery And Kids Club ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

==> picture [93 x 35] intentionally omitted <==

Scott Harris FCCA

Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

21st May 2024

Page 6

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
35
Charitable activities
3
Childcare
469,553
Total
469,588
EXPENDITURE ON
Charitable activities
4
Childcare
400,651
NET INCOME/(EXPENDITURE)
68,937
Transfers between funds
15
(32,921)
Net movement in funds
36,016
RECONCILIATION OF FUNDS
Total funds brought forward
41,840
TOTAL FUNDS CARRIED FORWARD
77,856		 Restricted
funds
£
-
122,702
122,702
148,267
(25,565)
32,921
7,356
(25,819)
(18,463)		 2023
Total
funds
£
35
592,255
592,290
548,918
43,372
-
43,372
16,021
59,393		 2022
Total
funds
£
-
506,231
506,231
480,359
25,872
-
25,872
(9,851)
16,021

The notes form part of these financial statements

Page 7

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

BALANCE SHEET 31ST AUGUST 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
10
10,420
CURRENT ASSETS
Debtors
11
19,135
Cash at bank and in hand
105,260
124,395
CREDITORS
Amounts falling due within one year
12
(56,959)
NET CURRENT
ASSETS/(LIABILITIES)
67,436
TOTAL ASSETS LESS CURRENT
LIABILITIES
77,856
CREDITORS
Amounts falling due after more than one
year
13
-
NET ASSETS
77,856
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
4,097
-
-
-
(5,492)
(5,492)
(1,395)
(17,068)
(18,463)		 2023
Total
funds
£
14,517
19,135
105,260
124,395
(62,451)
61,944
76,461
(17,068)
59,393
77,856
(18,463)
59,393		 2022
Total
funds
£
17,790
24,022
26,693
50,715
(29,709)
21,006
38,796
(22,775)
16,021
41,840
(25,819)
16,021

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2023 in accordance with Section 476 of the Companies Act 2006.

The notes form part of these financial statements

continued...

Page 8

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

BALANCE SHEET - continued 31ST AUGUST 2023

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 21st May 2024 and were signed on its behalf by:

==> picture [132 x 35] intentionally omitted <==

S J Driscoll - Trustee

The notes form part of these financial statements

Page 9

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest element of hire purchase or
finance lease rental payments paid
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash (used in)/provided by investing activities
Cash flows from financing activities
New loans in year
Loan repayments in year
Net cash (used in)/provided by financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2023
£
89,005
-
1,767
90,772
(1,718)
(1,718)
-
(10,487)
(10,487)
78,567
26,693
105,260		 2022
£
10,135
(1)
1,786
11,920
-
-
21,991
(9,401)
12,590
24,510
2,183
26,693

The notes form part of these financial statements

Page 10

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2023

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
2023 2022
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 43,372 25,872
Adjustments for:
Depreciation charges 4,731 5,995
Loss on disposal of fixed assets 260 -
Interest element of hire purchase and finance lease rental payments - 1
Decrease/(increase) in debtors 4,887 (1,468)
Increase/(decrease) in creditors 35,755 (20,265)
Net cash provided by operations 89,005 10,135
2. ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS
At 1.9.22 Cash flow At 31.8.23
£ £ £
Net cash
Cash at bank and in hand 26,693 78,567 105,260
26,693 78,567 105,260
Debt
Debts falling due within 1 year (8,506) 3,013 (5,493)
Debts falling due after 1 year (22,775) 5,707 (17,068)
(31,281) 8,720 (22,561)
Total (4,588) 87,287 82,699

The notes form part of these financial statements

Page 11

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance Motor vehicles - 25% on reducing balance Office equipment - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 12

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

2.
DONATIONS AND LEGACIES
Donations
3.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Fundraising
Childcare
30 Hours
Childcare
Fees
Childcare
Flying Start
Childcare
Grants
Childcare
Assisted Places
Childcare
Sundry income
Childcare
4.
CHARITABLE ACTIVITIES COSTS
Childcare
5.
SUPPORT COSTS
Childcare
6.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 2023
2022
£
£
35
-
2023
2022
£
£
414
2,230
153,910
90,268
273,645
262,111
122,793
83,440
3,538
29,015
37,944
39,104
11
63
592,255
506,231
Support
costs (see
note 5)
£
548,918
Governance
costs
£
548,918
2023
2022
£
£
4,731
5,995

continued...

Page 13

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

7. TRUSTEES' REMUNERATION AND BENEFITS

C F Boddington, S J Driscoll, S M Gallear, S Thomas and J Walters were employees and trustees of the charity during the year. The employees were paid solely for their roles in childcare, management and administration. No remuneration or benefits were given for acting as a trustee of the charity.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st August 2023 nor for the year ended 31st August 2022.

8. STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:		 2023
£
455,867
455,867		 2022
£
386,522
386,522
2023
Manager
1
Deputy Manager
4
Supervisor
1
Assistant
24
Auxiliary
4
34
No employees received emoluments in excess of £60,000.
9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Childcare
422,791
83,440
EXPENDITURE ON
Charitable activities
Childcare
367,096
113,263
NET INCOME/(EXPENDITURE)
55,695
(29,823)
Transfers between funds
(6,179)
6,179
Net movement in funds
49,516
(23,644)		 2022
1
4
1
24
4
34
Total
funds
£
506,231
480,359
25,872
-
25,872

continued...

Page 14

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
10.
TANGIBLE FIXED ASSETS
COST
At 1st September 2022
Additions
Disposals
At 31st August 2023
DEPRECIATION
At 1st September 2022
Charge for year
Eliminated on disposal
At 31st August 2023
NET BOOK VALUE
At 31st August 2023
At 31st August 2022		 Fixtures
and
fittings
£
100,983
1,237
(543)
101,677
89,613
2,948
(283)
92,278
9,399
11,370		 Unrestricted
fund
£
(7,677)
41,839
Motor
vehicles
£
15,219
-
-
15,219
9,189
1,508
-
10,697
4,522
6,030		 Restricted
funds
£
(2,174)
(25,818)
Office
equipment
£
975
481
-
1,456
585
275
-
860
596
390		 Total
funds
£
(9,851)
16,021
Totals
£
117,177
1,718
(543)
118,352
99,387
4,731
(283)
103,835
14,517
17,790

Page 15

continued...

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Trade debtors
18,001
Other debtors
-
Prepayments
1,134
19,135
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Bank loans and overdrafts (see note 14)
5,493
Trade creditors
-
Social security and other taxes
12,228
Other creditors
6,752
Accruals and deferred income
37,978
62,451
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023
£
Bank loans (see note 14)
17,068
14.
LOANS
An analysis of the maturity of loans is given below:
2023
£
Amounts falling due within one year on demand:
Bank loans
5,493
Amounts falling between one and two years:
Bank loans
5,579
Amounts falling due between two and five years:
Bank loans
11,489		 2022
£
20,931
405
2,686
24,022
2022
£
8,506
5,121
2,596
529
12,957
29,709
2022
£
22,775
2022
£
8,506
5,858
16,917

Page 16

continued...

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

15. MOVEMENT IN FUNDS

At 1.9.22
£
Unrestricted funds
General fund
41,840
Restricted funds
Restricted fund
(30,808)
Other fixed assets
4,989
(25,819)
TOTAL FUNDS
16,021
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
Other fixed assets
TOTAL FUNDS		 Net
movement
in funds
£
68,937
(23,641)
(1,924)
(25,565)
43,372

Incoming
resources
£
469,588
122,702
-
122,702
592,290		 Transfers
between
At
funds
31.8.23
£
£
(32,921)
77,856
32,921
(21,528)
-
3,065
32,921
(18,463)
-
59,393
Resources
Movement
expended
in funds
£
£
(400,651)
68,937
(146,343)
(23,641)
(1,924)
(1,924)
(148,267)
(25,565)
(548,918)
43,372

continued...

Page 17

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
Transfers
movement
between
At 1.9.21
in funds
funds
£
£
£
Unrestricted funds
General fund
(7,677)
55,696
(6,179)
Restricted funds
Restricted fund
(7,622)
(29,365)
6,179
Other fixed assets
5,448
(459)
-
(2,174)
(29,824)
6,179
TOTAL FUNDS
(9,851)
25,872
-
Comparative net movement in funds, included in the above are as follows:		 At
31.8.22
£
41,840
(30,808)
4,989
(25,819)
16,021
Unrestricted funds
General fund
Restricted funds
Restricted fund
Other fixed assets
TOTAL FUNDS		 Incoming
resources
£
422,791
83,440
-
83,440
506,231		 Resources
Movement
expended
in funds
£
£
(367,095)
55,696
(112,805)
(29,365)
(459)
(459)
(113,264)
(29,824)
(480,359)
25,872

continued...

Page 18

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st August 2023.

17. FLYING START

The restricted fund is based on money received from 'Flying Start', a government initiative implemented in areas of economic difficulty and is used to provide preschool education. Funds received from The Development Bank of Wales, specifically for the purposes of replenishing reserves also form part of the restricted fund.

18. LIABILITY OF MEMBERS

Every member of the charity undertakes to contribute such amount as may be required (not exceeding £1) to the charity's assets if it should be wound up while he/she is a member or within one year after he/she ceases to be a member, for the payment of the charity's debts and liabilities contracted before he/she ceases to be a member, and of the costs, charges nad expenses of winding up, and for the adjustment rights of the contributors among themselves.

Page 19

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Charitable activities
Fundraising
30 Hours
Fees
Flying Start
Grants
Assisted Places
Sundry income
Total incoming resources
EXPENDITURE
Support costs
Governance costs
Wages
Accountancy fees
Groceries
Training
Fuel/Escorts
Admin
Rent
Licences
Membership
Trips/Treats
Uniform
Equipment
Insurance
Utilities
Building
Resources and consumables
Sundry expenses
Depreciation
Carried forward		 2023
£
35
414
153,910
273,645
122,793
3,538
37,944
11
592,255
592,290
455,867
3,143
18,707
837
5,804
5,761
17,381
349
392
127
280
2,406
1,839
9,733
11,678
4,086
232
4,731
543,353		 2022
£
-
2,230
90,268
262,111
83,440
29,015
39,104
63
506,231
506,231
386,522
3,000
15,476
2,028
5,914
5,059
16,600
333
362
81
199
2,232
2,108
12,118
14,049
2,285
517
5,995
474,878

This page does not form part of the statutory financial statements

Page 20

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023

FOR THE YEAR ENDED 31ST AUGUST 2023
Governance costs
Brought forward
(Profit)/Loss on disposal of fixed assets
Donations
Bank interest
Bank loan interest
PAYE interest
Bad debts
Total resources expended
Net income		 2023
£
543,353
260
177
156
1,767
25
3,180
548,918
548,918
43,372		 2022
£
474,878
-
843
378
1,786
68
2,406
480,359
480,359
25,872

This page does not form part of the statutory financial statements

Page 21

Busy Bees Blaenavon Day Nursery And Kids Tax District: 922 FICO Tax Reference: 7931317850

Corporation Tax Computation For The Corporation Tax Accounting Period from 1 September 2022 to 31 August 2023

Green & Co Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

BUSY BEES BLAENAVON DAY NURSERY AND KIDS

TAX DISTRICT: 922 FICO TAX REFERENCE: 7931317850

CORPORATION TAX COMPUTATION FOR THE CORPORATION TAX ACCOUNTING PERIOD FROM 1 SEPTEMBER 2022 TO 31 AUGUST 2023

Contents

Corporation Tax Summary Page 3
Note 1 - Corporation Tax Chargeable Page 4
Note 2 - Trading Profit (Loss) Page 4

Page 2

BUSY BEES BLAENAVON DAY NURSERY AND KIDS

TAX DISTRICT: 922 FICO TAX REFERENCE: 7931317850

CORPORATION TAX COMPUTATION FOR THE CORPORATION TAX ACCOUNTING PERIOD FROM 1 SEPTEMBER 2022 TO 31 AUGUST 2023 (continued...)

CORPORATION TAX SUMMARY
Note
£
INCOME
Net Trading profit
2
0
PROFITS CHARGEABLE TO CORPORATION TAX
CORPORATION TAX CHARGEABLE
1
0.00
NET CORPORATION TAX CHARGEABLE
CORPORATION TAX OUTSTANDING
due by 1 June 2024		 £
0
0.00
NIL

Page 3

BUSY BEES BLAENAVON DAY NURSERY AND KIDS

TAX DISTRICT: 922 FICO TAX REFERENCE: 7931317850

CORPORATION TAX COMPUTATION FOR THE CORPORATION TAX ACCOUNTING PERIOD FROM 1 SEPTEMBER 2022 TO 31 AUGUST 2023

(continued...)

1 CORPORATION TAX CHARGEABLE MEMO: THERE ARE NO ASSOCIATED COMPANIES

£

0.00

2 TRADE PROFIT (LOSS)

Profit per financial statements Less: Charity income not taxable Net trading profit

£ £ £ 43,371 43,371 (43,371) 0

Page 4

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Company Tax Return CT600 (2024) Version 3

for accounting periods starting on or after 1 April 2015

Your Company Tax Return

If we send the company a ‘Notice’ to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.

A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by-box guidance for this form and the supplementary pages. The forms in the CT600 series set out the information we need and provide a standard format for calculations.

Company information
**1 ** Company name Busy Bees Blaenavon Day Nursery And Kids
**2 ** Company registration number 0 6 4 9 5 5 7 5
**3 ** Tax reference 7 9 3 1 3 1 7 8 5 0
**4 ** Type of company 8

Northern Ireland (NI)

Put an ‘X’ in the appropriate boxes below Put an ‘X’ in the appropriate boxes below
**5 ** NI trading activity **6 ** SME
**7 ** NI employer **8 ** Special circumstances

About this return

This is the tax return for the company named above, for the period below This is the tax return for the company named above, for the period below
**30 ** fromDD MM YYYY 35 to DD MM YYYY
0
1
0 9
2
0
2
2		 3 1 0 8 2 0 2 3
Put an ‘X’ in the appropriate boxes below
40 A repayment is due for this return period
**45 ** Claim or relief affecting an earlier period
50 Making more than one return for this company now
55 This return contains estimated figures
60 Company part of a group that is not small
65 Notice of disclosable avoidance schemes
Transfer pricing
70 Compensating adjustment claimed
**75 ** Company qualifies for SME exemption

CT600 (2024) Version 3 (Substitute) (IRIS)

Page 1

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

About this return – continued

Accounts and computations

Tax calculation – Turnover

Tax calculation– Turnover Tax calculation– Turnover Tax calculation– Turnover
145 Total turnover from trade
£
0
0
•
150 Banks, building societies, insurance companies and other financial concerns
– put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145
5
9
2
2
9
2
145 Total turnover from trade
£
0
0
•
150 Banks, building societies, insurance companies and other financial concerns
– put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145
5
9
2
2
9
2		 0 0
Income
155 Trading profits
£
0
0
•
160 Trading losses brought forward set against trading profits
£
0
0
•
165 Net trading profits –box 155 minus box 160
£
0
0
•
170 Bank, building society or other interest, and profits
from non-trading loan relationships
£
0
0
•

CT600 (2024) Version 3 (Substitute) (IRIS)

Page 2

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Income – continued

**175 ** Annual payments not otherwise charged to Corporation Tax £ • 0 0
and from which Income Tax has not been deducted
**180 ** Non-exempt dividends or distributions from
non-UK resident companies		 £ • 0 0
**185 ** Income from which Income Tax has been deducted £ • 0 0
**190 ** Income from a property business £ • 0 0
**195 ** Non-trading gains on intangible fixed assets £ • 0 0
**200 ** Tonnage tax profits £ • 0 0
**205 ** Income not falling under any other heading £ • 0 0
Chargeable gains
**210 ** Gross chargeable gains £ • 0 0
**215 ** Allowable losses including losses brought forward £ • 0 0
**220 ** Net chargeable gains_–_box 210 minus box 215 £ • 0 0

Profits before deductions and reliefs

225 Losses brought forward against certain investment income
£
0
0
•
230 Non-trade deficits on loan relationships (including interest)
£
0
0
•
and derivative contracts (financial instruments)
brought forward set against non-trading profits
235 Profits before other deductions and reliefs – net sum of
b 165 t 205 d 220 i f b 225 d 230
£
0
0
•		 0 0
0 0

Deductions and reliefs
**240 ** Losses on unquoted shares £ • 0 0
**245 ** Management expenses £ • 0 0
**250 ** UK property business losses for this or previous
accounting period		 £ • 0 0
**255 ** Capital allowances for the purposes of management £ • 0 0
of the business
**260 ** Non-trade deficits for this accounting period from loan £ • 0 0
relationships and derivative contracts (financial instruments)

CT600 (2024) Version 3 (Substitute) (IRIS)

Page 3

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Deductions and Reliefs – continued

263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
– total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
– box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
– total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
– box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
– total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
– box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0 0

Tax calculation

==> picture [52 x 93] intentionally omitted <==

Enter how much profit has to be charged and at what rate

==> picture [523 x 175] intentionally omitted <==

----- Start of picture text -----
Financial Amount of profit Rate of tax Tax
year (yyyy) %
330 335 £ 340 345 £ p
350 £ 355 360 £ p
365 £ 370 375 £ p
380 385 £ 390 395 £ p
400 £ 405 410 £ p
415 £ 420 425 £ p
----- End of picture text -----

CT600 (2024) Version 3 (Substitute) (IRIS)

Page 4

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Tax calculation – continued

Corporation Tax– total of boxes 345, 360, 375, 395, 410 and 425 430 £ •
Marginal relief 435 £ •
Corporation Tax chargeable– box 430 minus box 435 440 £ 0 • 0 0

Reliefs and deductions in terms of tax
**445 ** Community Investment Tax Relief £ •
**450 ** Double Taxation Relief £ •
**455 ** Put an ‘X’ in box 455 if box 450 includes an underlying
rate relief claim
**460 ** Put an ‘X’ in box 460 if box 450 includes an amount carried
back from a later period
**465 ** Advance Corporation Tax £ •
**470 ** Total reliefs and deduction in terms of tax £ •
– total of boxes 445, 450 and 465

Coronavirus support schemes and overpayments (see CT600 Guide for definitions)
**471 ** Coronavirus Job Retention Scheme (CJRS) received £ •
**472 ** CJRS entitlement £ •
**473 ** CJRS overpayment already assessed or voluntary disclosed £ •
**474 ** Other coronavirus overpayments £ •

Energy levies
**986 ** Energy (Oil and Gas) Profits Levy (EOGPL) amounts liable £ • 0 0
**987 ** Electricity Generator Levy (EGL) exceptional generation receipts £ • 0 0
Calculation of tax outstanding or overpaid
**475 ** Net Corporation Tax liability – box 440 minus box 470 £ •
**480 ** Tax payable on loans and arrangements to participators £ •
**485 ** Put an ‘X’ in box 485 if you completed box A70 in the
supplementary pages CT600A
**490 ** Controlled Foreign Companies (CFC) tax payable £ •
**495 ** Bank levy payable £ •
**496 ** Bank surcharge payable £ •
**497 ** Residential Property Developer Tax (RPDT) payable £ •

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Calculation of tax outstanding or overpaid – continued
**500 ** CFC tax, bank levy, bank surcharge and RPDT payable £ •
–total of boxes 490, 495, 496 and 497
**501 ** EOGPL payable £ •
**502 ** EGL payable £ •
**505 ** Supplementary charge (ring fence trades) payable £ •
**510 ** Tax chargeable
– total of boxes 475, 480, 500, 501, 502 and 505 £ 0 • 0 0
**515 ** Income Tax deducted from gross income included in profits £ •
**520 ** Income Tax repayable to the company £ •
**525 ** Self-assessment of tax payable before restitution tax £ 0 • 0 0
and coronavirus support scheme overpayments
– box 510 minus box 515
**526 ** Coronavirus support schemes overpayment now due £ 0 • 0 0
– total of boxes 471 and 474 minus boxes 472 and 473
**527 ** Restitution tax £ •
**528 ** Self-assessment of tax payable £ 0 • 0 0
– total of boxes 525, 526 and 527

Tax reconciliation
530 Research and Development credit £ •
535 (Not currently used) £ •
540 Creatives tax credit £ •
**545 ** Total of Research and Development credit £ •
and creative tax credit –total box 530 to 540
550 Land remediation tax credit £ •
555 Life assurance company tax credit £ •
**560 ** Total land remediation and life assurance company tax credit £ •
–total box 550 and 555
**565 ** Capital allowances first-year tax credit £ •
**570 ** Surplus Research and Development credits or £ •
creative tax credit payable –box 545 minus box 525
**575 ** Land remediation or life assurance company tax credit payable
–total of boxes 545 and 560 minus boxes 525 and 570		 £ •

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Tax reconciliation – continued

==> picture [523 x 311] intentionally omitted <==

----- Start of picture text -----
580 Capital allowances first-year tax credit payable £ •
–
boxes 545, 560 and 565 minus boxes 525, 570 and 575
585 Ring fence Corporation Tax included £ •
586 NI Corporation Tax included £ •
590 Ring fence supplementary charge included £ •
595 Tax already paid (and not already repaid) £ •
600 Tax outstanding £ •
–
box 525 minus boxes 545, 560, 565 and 595
605 Tax overpaid including surplus or payable credits £ •
–
total sum of boxes 545, 560, 565 and 595 minus 525
610 Group tax refunds surrendered to this company £ •
615 Research and Development expenditure credits £ •
surrendered to this company
----- End of picture text -----

Exporter information

During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? 616 Yes – goods 617 Yes – services 618 No – neither

Indicators and information

CT600 (2024) Version 3 (Substitute) (IRIS)

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Information about enhanced expenditure and tax relief

Research and Development (R&D) or creative enhanced expenditure and tax relief

**650 ** Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company
**655 ** Put an ‘X’ in box 655 if the claim is made by a large company
**656 ** Put an ‘X’ in box 656 to confirm that a R&D claim notification form has been submitted
**657 ** Put an ‘X’ in box 657 to confirm that an additional information form has been submitted
**659 ** R&D expenditure qualifying for SME R&D relief £ • 0 0
660 R&D enhanced expenditure £ • 0 0
665 Creative qualifying expenditure and/or additional deduction £ • 0 0
**670 ** R&D and creative enhanced expenditure £ • 0 0
total box 660 and box 665
**675 ** R&D enhanced expenditure of a SME on work £ • 0 0
subcontracted to it by a large company
**680 ** Vaccine research expenditure £ • 0 0
Land remediation enhanced expenditure
**685 ** Enter the total enhanced expenditure £ • 0 0

Information about capital allowances and balancing charges/disposal values Allowances and charges in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 690 £
Full expensing 688 £ 689 £
Machinery and plant
– super-deduction
691		 £ 692 £
Machinery and plant
– special rate allowance		 693 £ 694 £
Machinery and plant
– special rate pool		 695 £ 700 £
Machinery and plant
– main pool		 705 £ 710 £
Structures and
buildings		 711 £
Business premises
renovation		 715 £ 720 £
Other allowances
and charges		 725 £ 730 £

CT600 (2024) Version 3 (Substitute) (IRIS)

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Allowances and charges in the calculation of trading profits and losses – continued

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Disposal Disposal value value
Electric
charge-points		 713 £ 714 £
Enterprise zones 721 £ 722 £
Zero emissions
goods vehicles		 723 £ 724 £
Zero emissions 726 £ 727 £
cars

Allowances and charges not included in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 735 £
Structures and
buildings		 736 £
Full expensing 733 £ 734 £
Business premises
renovation		 740 £ 745 £
Machinery and plant
– super-deduction		 741 £ 742 £
Machinery and plant
– special rate allowance		 743 £ 744 £
Other allowances
and charges		 750 £ 755 £
Capital allowances Disposal value
Electric
charge-points		 737 £ 738 £
Enterprise zones 746 £ 747 £
Zero emissions
goods vehicles		 748 £ 749 £
Zero emissions 751 £ 752 £
cars

CT600 (2024) Version 3 (Substitute) (IRIS)

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Qualifying expenditure

760 Machinery and plant on which first
year allowance is claimed
£
0
0
•
765 Designated environmentally friendly
machinery and plant
£
0
0
•
770 Machinery and plant on long-life
assets and integral features
£
0
0
•
771 Structures and buildings
£
0
0
•
772 Machinery and plant
– super-deduction
£
0
0
•
773 Machinery and plant
– special rate allowance
£
0
0
•
775 Other machinery and plant
£
0
0
•		 0 0
0 0

Losses, deficits and excess amounts Amount arising

Amount Amount Maximum available Maximum available Maximum available Maximum available Maximum available for surrender for surrender for surrender for surrender
as group relief
Losses of trades
carried on wholly		 780 £ 785 £
or partly in the UK
Losses of trades		 790 £
carried on wholly
outside the UK
Non-trade deficits 795 £ 800 £
on loan relationships
and derivative contracts
UK property
business losses		 805 £ 810 £
Overseas property
business losses		 815 £
Losses from
miscellaneous		 820 £
transactions
Capital losses 825 £
Non-trading losses on
intangible fixed assets		 830 £ 835 £

Excess amounts

Amount Amount Maximum available Maximum available Maximum available Maximum available Maximum available for surrender for surrender for surrender for surrender
as group relief
Non-trade capital
allowances		 840 £
Qualifying donations 845 £
Management expenses 850 £ 855 £

CT600 (2024) Version 3 (Substitute) (IRIS)

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Northern Ireland information

**856 ** Amount of group relief claimed which relates to NI trading
losses used against rest of UK/mainstream profits		 £ • 0 0
**857 ** Amount of group relief claimed which relates to NI trading
losses used against NI trading profits		 £ • 0 0
**858 ** Amount of group relief claimed which relates to rest of
UK/mainstream losses used against NI trading profits		 £ • 0 0

Overpayments and repayments Small repayments

860 Do not repay sums of £ • 0 0 or less.

Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.

Repayments for the period covered by this return
865 Repayment of Corporation Tax £ •
870 Repayment of Income Tax £ •
875 Payable Research and Development tax credit £ •
880 Payable Research and Development expenditure credit £ •
885 Payable creative tax credit £ •
890 Payable land remediation or life assurance company
tax credit		 £ •
895 Payable capital allowances first-year tax credit £ •

Surrender of tax refund within group

Including surrenders under the Instalment Payments Regulations Including surrenders under the Instalment Payments Regulations
**900 ** The following amount is to be surrendered £ •
Put an ‘X’ in the appropriate boxes below
the joint Notice is attached 905
or
will follow 910
915 Please stop repayment of the following amount £ •
until we send you the Notice

CT600 (2024) Version 3 (Substitute) (IRIS)

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Bank details (for a person to whom a repayment is to be made)

920 Name of bank or building society

925 Branch sort code

930 Account number

935 Name of account

940 Building society reference

==> picture [281 x 136] intentionally omitted <==

Payments to a person other than the company

945 Complete the authority below if you want the repayment to be made to a person other than the company I, as (enter status – for example, company secretary, treasurer, liquidator or authorised agent)

950 of (enter company name)

955 authorise (enter name)

960 of address (enter address)

==> picture [478 x 52] intentionally omitted <==

965 Nominee reference

to receive payment on company’s behalf

970 Name

Declaration

Declaration I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief. I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.

975 Name T R WOOD

980 Date DD MM YYYY 05/22/2024 985 Status DIRECTOR

CT600 (2024) Version 3 (Substitute) (IRIS)

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Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs)

CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015

Guidance

Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.

For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.

Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.

Company information

==> picture [523 x 526] intentionally omitted <==

----- Start of picture text -----
E1 Company name Busy Bees Blaenavon Day Nursery And Kids
(name of charity or CASC)
E2 Tax reference
7 9 3 1 3 1 7 8 5 0
Period covered by this supplementary page (cannot exceed 12 months)
E3 from DD MM YYYY
0 1 0 9 2 0 2 2
E4 to DD MM YYYY
3 1 0 8 2 0 2 3
Claims to exemption ( this section should be completed in all cases)
Charity/CASC repayment reference E5 XT22226
Charity Commission registration number, or E10 1126728
OSCR number (if applicable)
Put an ‘X’ in the relevant box if during the period covered by these supplementary pages:
The company was a charity/CASC and is claiming E15 X
exemption from all tax on all or part of its income
and gains (Also put an ‘X’ in box E15 if the company
was a charity/CASC but had no income or gains in the period)
All income and gains are exempt from tax and have been, E20 X
or will be, applied for charitable or qualifying purposes only
Some of the income and gains may not be exempt or have E25
not been applied for charitable or qualifying purposes only,
and I have completed form CT600
I claim exemption from tax
Name
E30
Status
E35
Date DD MM YYYY
E40
----- End of picture text -----

CT600E(2015) Version 3

HMRC 04/15

Page 1

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Repayments

To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information.

Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax. E45

Information required

Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity’s/CASC’S accounts for the period covered by this return.

Non-exempt amounts should be entered on form CT600 in the appropriate boxes.

Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these
supplementary pages
Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
9
2
2
9
0
5
4
8
9
1
8
5
9
2
2
9
0
5
4
8
9
1
8		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these
supplementary pages
Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
9
2
2
9
0
5
4
8
9
1
8
5
9
2
2
9
0
5
4
8
9
1
8		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these
supplementary pages
Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
9
2
2
9
0
5
4
8
9
1
8
5
9
2
2
9
0
5
4
8
9
1
8
0 0

CT600E(2015) Version 3

Page 2

HMRC 04/15

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Information required

Charity/CASC assets

Charity/CASC assets Charity/CASC assets Charity/CASC assets Charity/CASC assets
Disposals in period Held at the end of the period
(total consideration received) (use accounts figures)
Tangible fixed
E130
£		 E135 £ 1 4 5 1 7
assets
UK investments
E140
£		 E145 £
(excluding
controlled companies)
Shares in,
E150
£		 E155 £
and loans to,
controlled companies
Overseas
E160
£		 E165 £
investments
Loans and non-trade debtors E170 £
Other current assets E175 £ 1 0 5 2 6 0
Qualifying investments and loans E180
Applies to charities only. See CT600 Guide
Value of any non-qualifying investments and loans E185 £
Applies to charities only. See CT600 Guide
Number of subsidiary or associated companies the charity E190
controls at the end of the period. Exclude companies that
were dormant throughout the period

CT600E(2015) Version 3

HMRC 04/15

Page 3

Busy Bees Blaenavon Day Nursery And Kids Club Busy Bees Park Street

Blaenavon Pontypool Torfaen NP4 9AA

21 May 2024

Our ref: B0366L/SH/APO

Dear Cara,

FINAL ACCOUNTS

I am pleased to enclose the following:

  1. Final Accounts for the year ended 31 August 2023 for your approval

  2. A detailed Corporation Tax computation

  3. The Company Tax Return (CT600)

Please sign these documents so that they can be filed with HM Revenue & Customs and Companies House before 31/05/2024 to avoid any late filing penalties.

CORPORATION TAX

Please note that the Corporation Tax Return (CT600) must be submitted by 31/08/2024 and there are penalties for late submission.

There is no Corporation Tax Due.

OPENING BALANCE ADJUSTMENTS

These have been updated on Xero by our bookkeeping team.

FEE

Our VAT invoice is being sent to you in a separate email, please pay the balance on your account of £1,628.55.

FEEDBACK

We will be sending you an email with a link to a short questionnaire and would be very grateful for your feedback. All results each month are entered into a prize draw with a chance to win a tax-free gift voucher to the value of £50.00 , or alternatively we can donate £100 to our nominated Charity of the year for 2024, The Alzheimer’s Society.

Yours sincerely

==> picture [93 x 35] intentionally omitted <==

Scott Harris

REGISTERED COMPANY NUMBER: 06495575 (England and Wales) REGISTERED CHARITY NUMBER: 1126728

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

FOR

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5 to 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 19
Detailed Statement of Financial Activities 20 to 21

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

At Busy Bees we aim to:-

o Promote a community ethos where adults and children can reach their full potential. o Provide a warm, caring, inclusive and family environment for children aged 0 - 11 years, where each child and adult is treated as an individual and their unique qualities are recognised and celebrated. o To enable children's learning by providing experiences and opportunities that are fun, stimulating and appropriate.

Ensuring our work delivers our aims

o Continually monitoring local demands and requirements so we can offer a service that is flexible and accessible.

o Liaising with members of the community such as Health visitors and school representatives, as well as employers, trade associations and local community groups.

o Ensuring our facilities are safe and secure and an appropriate environment for our activities.

How our activities deliver public benefit

o Affordable quality childcare enables parents to continue or return to work, improve their skills with training and further education. This includes escorting children to and from school and nursery for parents that would be unable to work without our services.

o Allowing community groups to utilise our facilities to run activities and meetings.

o Supporting families in need of respite or childcare to enable them to better their quality of life for themselves and their children.

o Actively employing local people and providing on the job training and experience opportunities for students.

o Working in tandem with local health professionals to target families in need and delivering a service that improves the quality of life of the whole family.

Page 1

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

STRATEGIC REPORT

Financial position

Following the financial challenges of 2021/2022 in which we had to take out a loan to control our cash flow, this year has been much more stable. There has been a gradual uptake of children attending in all sections including Childcare Offer and Flying Start.

There was a massive increase in income from the childcare offer and Flying Start, fee income rose by around 6%. There is also more supported childcare funded by Torfaen County Borough Council in the last 18 months than there was previously.

Wages rose by a staggering 25% - this is a fairly even split between increase in the number of children and the increase in the minimum wage. Overall administrative costs, including groceries, utilities and all other non wages costs rose by around 10%.

We have ended the year with a much more stable financial base from which to operate. We will have completely paid off the loan taken out during covid in November, which will help our monthly cash flow. We received two separate grants from the government in August which will pay for a new bus, staff computer, carpet, notice board and some other equipment for the nursery.

Our cash flow projections look stable for the next year to 18 months. Hopefully the nursery continues to go from strength to strength and this forecast continues to look stable as we move into the next five years.

Principal funding sources

Aside from the principal income generated by the services we provide, we continue to receive funding from Torfaen County Borough Council to provide Free Flying Start preschool places within both Busy Bees Blaenavon and at BICC, and from September 2018 many families have accessed the Free 30 Hours childcare offer.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on the 6 th of February 2008 and registered as a charity on the 30 th of June 2008. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of Management Committee

Some of the directors of the company are also charity trustees for the purposes of charity law. Under the company’s Articles directors/trustees are known as members of the Management committee. All members of the Management Committee give their time voluntarily and receive no benefit from the charity.

The Management Board has a mix of parents and staff to ensure that all aspects are covered and that it can be functional as a Board.

Page 2

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

Busy Bees has a Management Board of eight members who meet monthly and are responsible for the strategic direction and policy of the charity. The Management Board at present has several members from professional backgrounds and several who do not in order to fully represent the community we support.

A Management structure is in place. Day to day responsibility for smooth running rests with the Nursery Manager, supported by the Registered Individual and deputy managers. The Nursery Manager reports to the Management Board.

Responsibilities of the Management Committee

Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the affairs of the company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management board should follow best practices and select suitable accounting policies and then apply them consistently, make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis.

The management board is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Management Board is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Management Committee, who are directors for the purpose of company law, Tom and Sue are also trustees for the purpose of charity law, who served during the year and up to the date of this report.

In accordance with company law, as the company directors, we certify that; so far as we are aware, there is no relevant information of which the company directors are unaware; and as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the management board is aware of that information.

Related parties

Risk management

Day to day risk assessment procedures and policies are in operation throughout the nursery. These are maintained and reviewed by the Manager. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the building and to the satellite group Busy Bees @ BICC

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06495575 (England and Wales)

Registered Charity number

1126728

Page 3

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023

Registered office

Busy Bees Park Street Blaenavon Pontypool Torfaen NP4 9AA

Trustees

C F Boddington Finance officer S J Driscoll Nursery Manager S M Gallear Childcare T R Wood Director S Thomas Childcare Practitioner R C Redman Accountant E Livings Dance Teacher J Walters Childcare Practitioner

Company Secretary

C F Boddington

Independent Examiner

Scott Harris FCCA Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 21st May 2024 and signed on the board's behalf by:

==> picture [132 x 35] intentionally omitted <==

C F Boddington - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

Independent examiner's report to the trustees of Busy Bees Blaenavon Day Nursery And Kids Club ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

==> picture [93 x 35] intentionally omitted <==

Scott Harris FCCA

Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

21st May 2024

Page 6

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
35
Charitable activities
3
Childcare
469,553
Total
469,588
EXPENDITURE ON
Charitable activities
4
Childcare
400,651
NET INCOME/(EXPENDITURE)
68,937
Transfers between funds
15
(32,921)
Net movement in funds
36,016
RECONCILIATION OF FUNDS
Total funds brought forward
41,840
TOTAL FUNDS CARRIED FORWARD
77,856		 Restricted
funds
£
-
122,702
122,702
148,267
(25,565)
32,921
7,356
(25,819)
(18,463)		 2023
Total
funds
£
35
592,255
592,290
548,918
43,372
-
43,372
16,021
59,393		 2022
Total
funds
£
-
506,231
506,231
480,359
25,872
-
25,872
(9,851)
16,021

The notes form part of these financial statements

Page 7

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

BALANCE SHEET 31ST AUGUST 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
10
10,420
CURRENT ASSETS
Debtors
11
19,135
Cash at bank and in hand
105,260
124,395
CREDITORS
Amounts falling due within one year
12
(56,959)
NET CURRENT
ASSETS/(LIABILITIES)
67,436
TOTAL ASSETS LESS CURRENT
LIABILITIES
77,856
CREDITORS
Amounts falling due after more than one
year
13
-
NET ASSETS
77,856
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
4,097
-
-
-
(5,492)
(5,492)
(1,395)
(17,068)
(18,463)		 2023
Total
funds
£
14,517
19,135
105,260
124,395
(62,451)
61,944
76,461
(17,068)
59,393
77,856
(18,463)
59,393		 2022
Total
funds
£
17,790
24,022
26,693
50,715
(29,709)
21,006
38,796
(22,775)
16,021
41,840
(25,819)
16,021

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2023 in accordance with Section 476 of the Companies Act 2006.

The notes form part of these financial statements

continued...

Page 8

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

BALANCE SHEET - continued 31ST AUGUST 2023

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 21st May 2024 and were signed on its behalf by:

==> picture [132 x 35] intentionally omitted <==

S J Driscoll - Trustee

The notes form part of these financial statements

Page 9

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest element of hire purchase or
finance lease rental payments paid
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash (used in)/provided by investing activities
Cash flows from financing activities
New loans in year
Loan repayments in year
Net cash (used in)/provided by financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2023
£
89,005
-
1,767
90,772
(1,718)
(1,718)
-
(10,487)
(10,487)
78,567
26,693
105,260		 2022
£
10,135
(1)
1,786
11,920
-
-
21,991
(9,401)
12,590
24,510
2,183
26,693

The notes form part of these financial statements

Page 10

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2023

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
2023 2022
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 43,372 25,872
Adjustments for:
Depreciation charges 4,731 5,995
Loss on disposal of fixed assets 260 -
Interest element of hire purchase and finance lease rental payments - 1
Decrease/(increase) in debtors 4,887 (1,468)
Increase/(decrease) in creditors 35,755 (20,265)
Net cash provided by operations 89,005 10,135
2. ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS
At 1.9.22 Cash flow At 31.8.23
£ £ £
Net cash
Cash at bank and in hand 26,693 78,567 105,260
26,693 78,567 105,260
Debt
Debts falling due within 1 year (8,506) 3,013 (5,493)
Debts falling due after 1 year (22,775) 5,707 (17,068)
(31,281) 8,720 (22,561)
Total (4,588) 87,287 82,699

The notes form part of these financial statements

Page 11

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance Motor vehicles - 25% on reducing balance Office equipment - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 12

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

2.
DONATIONS AND LEGACIES
Donations
3.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Fundraising
Childcare
30 Hours
Childcare
Fees
Childcare
Flying Start
Childcare
Grants
Childcare
Assisted Places
Childcare
Sundry income
Childcare
4.
CHARITABLE ACTIVITIES COSTS
Childcare
5.
SUPPORT COSTS
Childcare
6.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 2023
2022
£
£
35
-
2023
2022
£
£
414
2,230
153,910
90,268
273,645
262,111
122,793
83,440
3,538
29,015
37,944
39,104
11
63
592,255
506,231
Support
costs (see
note 5)
£
548,918
Governance
costs
£
548,918
2023
2022
£
£
4,731
5,995

continued...

Page 13

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

7. TRUSTEES' REMUNERATION AND BENEFITS

C F Boddington, S J Driscoll, S M Gallear, S Thomas and J Walters were employees and trustees of the charity during the year. The employees were paid solely for their roles in childcare, management and administration. No remuneration or benefits were given for acting as a trustee of the charity.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st August 2023 nor for the year ended 31st August 2022.

8. STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:		 2023
£
455,867
455,867		 2022
£
386,522
386,522
2023
Manager
1
Deputy Manager
4
Supervisor
1
Assistant
24
Auxiliary
4
34
No employees received emoluments in excess of £60,000.
9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Childcare
422,791
83,440
EXPENDITURE ON
Charitable activities
Childcare
367,096
113,263
NET INCOME/(EXPENDITURE)
55,695
(29,823)
Transfers between funds
(6,179)
6,179
Net movement in funds
49,516
(23,644)		 2022
1
4
1
24
4
34
Total
funds
£
506,231
480,359
25,872
-
25,872

continued...

Page 14

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
10.
TANGIBLE FIXED ASSETS
COST
At 1st September 2022
Additions
Disposals
At 31st August 2023
DEPRECIATION
At 1st September 2022
Charge for year
Eliminated on disposal
At 31st August 2023
NET BOOK VALUE
At 31st August 2023
At 31st August 2022		 Fixtures
and
fittings
£
100,983
1,237
(543)
101,677
89,613
2,948
(283)
92,278
9,399
11,370		 Unrestricted
fund
£
(7,677)
41,839
Motor
vehicles
£
15,219
-
-
15,219
9,189
1,508
-
10,697
4,522
6,030		 Restricted
funds
£
(2,174)
(25,818)
Office
equipment
£
975
481
-
1,456
585
275
-
860
596
390		 Total
funds
£
(9,851)
16,021
Totals
£
117,177
1,718
(543)
118,352
99,387
4,731
(283)
103,835
14,517
17,790

Page 15

continued...

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Trade debtors
18,001
Other debtors
-
Prepayments
1,134
19,135
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Bank loans and overdrafts (see note 14)
5,493
Trade creditors
-
Social security and other taxes
12,228
Other creditors
6,752
Accruals and deferred income
37,978
62,451
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023
£
Bank loans (see note 14)
17,068
14.
LOANS
An analysis of the maturity of loans is given below:
2023
£
Amounts falling due within one year on demand:
Bank loans
5,493
Amounts falling between one and two years:
Bank loans
5,579
Amounts falling due between two and five years:
Bank loans
11,489		 2022
£
20,931
405
2,686
24,022
2022
£
8,506
5,121
2,596
529
12,957
29,709
2022
£
22,775
2022
£
8,506
5,858
16,917

Page 16

continued...

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

15. MOVEMENT IN FUNDS

At 1.9.22
£
Unrestricted funds
General fund
41,840
Restricted funds
Restricted fund
(30,808)
Other fixed assets
4,989
(25,819)
TOTAL FUNDS
16,021
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
Other fixed assets
TOTAL FUNDS		 Net
movement
in funds
£
68,937
(23,641)
(1,924)
(25,565)
43,372

Incoming
resources
£
469,588
122,702
-
122,702
592,290		 Transfers
between
At
funds
31.8.23
£
£
(32,921)
77,856
32,921
(21,528)
-
3,065
32,921
(18,463)
-
59,393
Resources
Movement
expended
in funds
£
£
(400,651)
68,937
(146,343)
(23,641)
(1,924)
(1,924)
(148,267)
(25,565)
(548,918)
43,372

continued...

Page 17

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
Transfers
movement
between
At 1.9.21
in funds
funds
£
£
£
Unrestricted funds
General fund
(7,677)
55,696
(6,179)
Restricted funds
Restricted fund
(7,622)
(29,365)
6,179
Other fixed assets
5,448
(459)
-
(2,174)
(29,824)
6,179
TOTAL FUNDS
(9,851)
25,872
-
Comparative net movement in funds, included in the above are as follows:		 At
31.8.22
£
41,840
(30,808)
4,989
(25,819)
16,021
Unrestricted funds
General fund
Restricted funds
Restricted fund
Other fixed assets
TOTAL FUNDS		 Incoming
resources
£
422,791
83,440
-
83,440
506,231		 Resources
Movement
expended
in funds
£
£
(367,095)
55,696
(112,805)
(29,365)
(459)
(459)
(113,264)
(29,824)
(480,359)
25,872

continued...

Page 18

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2023

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st August 2023.

17. FLYING START

The restricted fund is based on money received from 'Flying Start', a government initiative implemented in areas of economic difficulty and is used to provide preschool education. Funds received from The Development Bank of Wales, specifically for the purposes of replenishing reserves also form part of the restricted fund.

18. LIABILITY OF MEMBERS

Every member of the charity undertakes to contribute such amount as may be required (not exceeding £1) to the charity's assets if it should be wound up while he/she is a member or within one year after he/she ceases to be a member, for the payment of the charity's debts and liabilities contracted before he/she ceases to be a member, and of the costs, charges nad expenses of winding up, and for the adjustment rights of the contributors among themselves.

Page 19

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Charitable activities
Fundraising
30 Hours
Fees
Flying Start
Grants
Assisted Places
Sundry income
Total incoming resources
EXPENDITURE
Support costs
Governance costs
Wages
Accountancy fees
Groceries
Training
Fuel/Escorts
Admin
Rent
Licences
Membership
Trips/Treats
Uniform
Equipment
Insurance
Utilities
Building
Resources and consumables
Sundry expenses
Depreciation
Carried forward		 2023
£
35
414
153,910
273,645
122,793
3,538
37,944
11
592,255
592,290
455,867
3,143
18,707
837
5,804
5,761
17,381
349
392
127
280
2,406
1,839
9,733
11,678
4,086
232
4,731
543,353		 2022
£
-
2,230
90,268
262,111
83,440
29,015
39,104
63
506,231
506,231
386,522
3,000
15,476
2,028
5,914
5,059
16,600
333
362
81
199
2,232
2,108
12,118
14,049
2,285
517
5,995
474,878

This page does not form part of the statutory financial statements

Page 20

BUSY BEES BLAENAVON DAY NURSERY AND KIDS CLUB

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023

FOR THE YEAR ENDED 31ST AUGUST 2023
Governance costs
Brought forward
(Profit)/Loss on disposal of fixed assets
Donations
Bank interest
Bank loan interest
PAYE interest
Bad debts
Total resources expended
Net income		 2023
£
543,353
260
177
156
1,767
25
3,180
548,918
548,918
43,372		 2022
£
474,878
-
843
378
1,786
68
2,406
480,359
480,359
25,872

This page does not form part of the statutory financial statements

Page 21

Busy Bees Blaenavon Day Nursery And Kids Tax District: 922 FICO Tax Reference: 7931317850

Corporation Tax Computation For The Corporation Tax Accounting Period from 1 September 2022 to 31 August 2023

Green & Co Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU

BUSY BEES BLAENAVON DAY NURSERY AND KIDS

TAX DISTRICT: 922 FICO TAX REFERENCE: 7931317850

CORPORATION TAX COMPUTATION FOR THE CORPORATION TAX ACCOUNTING PERIOD FROM 1 SEPTEMBER 2022 TO 31 AUGUST 2023

Contents

Corporation Tax Summary Page 3
Note 1 - Corporation Tax Chargeable Page 4
Note 2 - Trading Profit (Loss) Page 4

Page 2

BUSY BEES BLAENAVON DAY NURSERY AND KIDS

TAX DISTRICT: 922 FICO TAX REFERENCE: 7931317850

CORPORATION TAX COMPUTATION FOR THE CORPORATION TAX ACCOUNTING PERIOD FROM 1 SEPTEMBER 2022 TO 31 AUGUST 2023 (continued...)

CORPORATION TAX SUMMARY
Note
£
INCOME
Net Trading profit
2
0
PROFITS CHARGEABLE TO CORPORATION TAX
CORPORATION TAX CHARGEABLE
1
0.00
NET CORPORATION TAX CHARGEABLE
CORPORATION TAX OUTSTANDING
due by 1 June 2024		 £
0
0.00
NIL

Page 3

BUSY BEES BLAENAVON DAY NURSERY AND KIDS

TAX DISTRICT: 922 FICO TAX REFERENCE: 7931317850

CORPORATION TAX COMPUTATION FOR THE CORPORATION TAX ACCOUNTING PERIOD FROM 1 SEPTEMBER 2022 TO 31 AUGUST 2023

(continued...)

1 CORPORATION TAX CHARGEABLE MEMO: THERE ARE NO ASSOCIATED COMPANIES

£

0.00

2 TRADE PROFIT (LOSS)

Profit per financial statements Less: Charity income not taxable Net trading profit

£ £ £ 43,371 43,371 (43,371) 0

Page 4

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Company Tax Return CT600 (2024) Version 3

for accounting periods starting on or after 1 April 2015

Your Company Tax Return

If we send the company a ‘Notice’ to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.

A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by-box guidance for this form and the supplementary pages. The forms in the CT600 series set out the information we need and provide a standard format for calculations.

Company information
**1 ** Company name Busy Bees Blaenavon Day Nursery And Kids
**2 ** Company registration number 0 6 4 9 5 5 7 5
**3 ** Tax reference 7 9 3 1 3 1 7 8 5 0
**4 ** Type of company 8

Northern Ireland (NI)

Put an ‘X’ in the appropriate boxes below Put an ‘X’ in the appropriate boxes below
**5 ** NI trading activity **6 ** SME
**7 ** NI employer **8 ** Special circumstances

About this return

This is the tax return for the company named above, for the period below This is the tax return for the company named above, for the period below
**30 ** fromDD MM YYYY 35 to DD MM YYYY
0
1
0 9
2
0
2
2		 3 1 0 8 2 0 2 3
Put an ‘X’ in the appropriate boxes below
40 A repayment is due for this return period
**45 ** Claim or relief affecting an earlier period
50 Making more than one return for this company now
55 This return contains estimated figures
60 Company part of a group that is not small
65 Notice of disclosable avoidance schemes
Transfer pricing
70 Compensating adjustment claimed
**75 ** Company qualifies for SME exemption

CT600 (2024) Version 3 (Substitute) (IRIS)

Page 1

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About this return – continued

Accounts and computations

Tax calculation – Turnover

Tax calculation– Turnover Tax calculation– Turnover Tax calculation– Turnover
145 Total turnover from trade
£
0
0
•
150 Banks, building societies, insurance companies and other financial concerns
– put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145
5
9
2
2
9
2
145 Total turnover from trade
£
0
0
•
150 Banks, building societies, insurance companies and other financial concerns
– put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145
5
9
2
2
9
2		 0 0
Income
155 Trading profits
£
0
0
•
160 Trading losses brought forward set against trading profits
£
0
0
•
165 Net trading profits –box 155 minus box 160
£
0
0
•
170 Bank, building society or other interest, and profits
from non-trading loan relationships
£
0
0
•

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Income – continued

**175 ** Annual payments not otherwise charged to Corporation Tax £ • 0 0
and from which Income Tax has not been deducted
**180 ** Non-exempt dividends or distributions from
non-UK resident companies		 £ • 0 0
**185 ** Income from which Income Tax has been deducted £ • 0 0
**190 ** Income from a property business £ • 0 0
**195 ** Non-trading gains on intangible fixed assets £ • 0 0
**200 ** Tonnage tax profits £ • 0 0
**205 ** Income not falling under any other heading £ • 0 0
Chargeable gains
**210 ** Gross chargeable gains £ • 0 0
**215 ** Allowable losses including losses brought forward £ • 0 0
**220 ** Net chargeable gains_–_box 210 minus box 215 £ • 0 0

Profits before deductions and reliefs

225 Losses brought forward against certain investment income
£
0
0
•
230 Non-trade deficits on loan relationships (including interest)
£
0
0
•
and derivative contracts (financial instruments)
brought forward set against non-trading profits
235 Profits before other deductions and reliefs – net sum of
b 165 t 205 d 220 i f b 225 d 230
£
0
0
•		 0 0
0 0

Deductions and reliefs
**240 ** Losses on unquoted shares £ • 0 0
**245 ** Management expenses £ • 0 0
**250 ** UK property business losses for this or previous
accounting period		 £ • 0 0
**255 ** Capital allowances for the purposes of management £ • 0 0
of the business
**260 ** Non-trade deficits for this accounting period from loan £ • 0 0
relationships and derivative contracts (financial instruments)

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Deductions and Reliefs – continued

263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
– total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
– box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
– total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
– box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
– total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
– box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0 0

Tax calculation

==> picture [52 x 93] intentionally omitted <==

Enter how much profit has to be charged and at what rate

==> picture [523 x 175] intentionally omitted <==

----- Start of picture text -----
Financial Amount of profit Rate of tax Tax
year (yyyy) %
330 335 £ 340 345 £ p
350 £ 355 360 £ p
365 £ 370 375 £ p
380 385 £ 390 395 £ p
400 £ 405 410 £ p
415 £ 420 425 £ p
----- End of picture text -----

CT600 (2024) Version 3 (Substitute) (IRIS)

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Tax calculation – continued

Corporation Tax– total of boxes 345, 360, 375, 395, 410 and 425 430 £ •
Marginal relief 435 £ •
Corporation Tax chargeable– box 430 minus box 435 440 £ 0 • 0 0

Reliefs and deductions in terms of tax
**445 ** Community Investment Tax Relief £ •
**450 ** Double Taxation Relief £ •
**455 ** Put an ‘X’ in box 455 if box 450 includes an underlying
rate relief claim
**460 ** Put an ‘X’ in box 460 if box 450 includes an amount carried
back from a later period
**465 ** Advance Corporation Tax £ •
**470 ** Total reliefs and deduction in terms of tax £ •
– total of boxes 445, 450 and 465

Coronavirus support schemes and overpayments (see CT600 Guide for definitions)
**471 ** Coronavirus Job Retention Scheme (CJRS) received £ •
**472 ** CJRS entitlement £ •
**473 ** CJRS overpayment already assessed or voluntary disclosed £ •
**474 ** Other coronavirus overpayments £ •

Energy levies
**986 ** Energy (Oil and Gas) Profits Levy (EOGPL) amounts liable £ • 0 0
**987 ** Electricity Generator Levy (EGL) exceptional generation receipts £ • 0 0
Calculation of tax outstanding or overpaid
**475 ** Net Corporation Tax liability – box 440 minus box 470 £ •
**480 ** Tax payable on loans and arrangements to participators £ •
**485 ** Put an ‘X’ in box 485 if you completed box A70 in the
supplementary pages CT600A
**490 ** Controlled Foreign Companies (CFC) tax payable £ •
**495 ** Bank levy payable £ •
**496 ** Bank surcharge payable £ •
**497 ** Residential Property Developer Tax (RPDT) payable £ •

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Calculation of tax outstanding or overpaid – continued
**500 ** CFC tax, bank levy, bank surcharge and RPDT payable £ •
–total of boxes 490, 495, 496 and 497
**501 ** EOGPL payable £ •
**502 ** EGL payable £ •
**505 ** Supplementary charge (ring fence trades) payable £ •
**510 ** Tax chargeable
– total of boxes 475, 480, 500, 501, 502 and 505 £ 0 • 0 0
**515 ** Income Tax deducted from gross income included in profits £ •
**520 ** Income Tax repayable to the company £ •
**525 ** Self-assessment of tax payable before restitution tax £ 0 • 0 0
and coronavirus support scheme overpayments
– box 510 minus box 515
**526 ** Coronavirus support schemes overpayment now due £ 0 • 0 0
– total of boxes 471 and 474 minus boxes 472 and 473
**527 ** Restitution tax £ •
**528 ** Self-assessment of tax payable £ 0 • 0 0
– total of boxes 525, 526 and 527

Tax reconciliation
530 Research and Development credit £ •
535 (Not currently used) £ •
540 Creatives tax credit £ •
**545 ** Total of Research and Development credit £ •
and creative tax credit –total box 530 to 540
550 Land remediation tax credit £ •
555 Life assurance company tax credit £ •
**560 ** Total land remediation and life assurance company tax credit £ •
–total box 550 and 555
**565 ** Capital allowances first-year tax credit £ •
**570 ** Surplus Research and Development credits or £ •
creative tax credit payable –box 545 minus box 525
**575 ** Land remediation or life assurance company tax credit payable
–total of boxes 545 and 560 minus boxes 525 and 570		 £ •

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Tax reconciliation – continued

==> picture [523 x 311] intentionally omitted <==

----- Start of picture text -----
580 Capital allowances first-year tax credit payable £ •
–
boxes 545, 560 and 565 minus boxes 525, 570 and 575
585 Ring fence Corporation Tax included £ •
586 NI Corporation Tax included £ •
590 Ring fence supplementary charge included £ •
595 Tax already paid (and not already repaid) £ •
600 Tax outstanding £ •
–
box 525 minus boxes 545, 560, 565 and 595
605 Tax overpaid including surplus or payable credits £ •
–
total sum of boxes 545, 560, 565 and 595 minus 525
610 Group tax refunds surrendered to this company £ •
615 Research and Development expenditure credits £ •
surrendered to this company
----- End of picture text -----

Exporter information

During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? 616 Yes – goods 617 Yes – services 618 No – neither

Indicators and information

CT600 (2024) Version 3 (Substitute) (IRIS)

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Information about enhanced expenditure and tax relief

Research and Development (R&D) or creative enhanced expenditure and tax relief

**650 ** Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company
**655 ** Put an ‘X’ in box 655 if the claim is made by a large company
**656 ** Put an ‘X’ in box 656 to confirm that a R&D claim notification form has been submitted
**657 ** Put an ‘X’ in box 657 to confirm that an additional information form has been submitted
**659 ** R&D expenditure qualifying for SME R&D relief £ • 0 0
660 R&D enhanced expenditure £ • 0 0
665 Creative qualifying expenditure and/or additional deduction £ • 0 0
**670 ** R&D and creative enhanced expenditure £ • 0 0
total box 660 and box 665
**675 ** R&D enhanced expenditure of a SME on work £ • 0 0
subcontracted to it by a large company
**680 ** Vaccine research expenditure £ • 0 0
Land remediation enhanced expenditure
**685 ** Enter the total enhanced expenditure £ • 0 0

Information about capital allowances and balancing charges/disposal values Allowances and charges in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 690 £
Full expensing 688 £ 689 £
Machinery and plant
– super-deduction
691		 £ 692 £
Machinery and plant
– special rate allowance		 693 £ 694 £
Machinery and plant
– special rate pool		 695 £ 700 £
Machinery and plant
– main pool		 705 £ 710 £
Structures and
buildings		 711 £
Business premises
renovation		 715 £ 720 £
Other allowances
and charges		 725 £ 730 £

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Allowances and charges in the calculation of trading profits and losses – continued

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Disposal Disposal value value
Electric
charge-points		 713 £ 714 £
Enterprise zones 721 £ 722 £
Zero emissions
goods vehicles		 723 £ 724 £
Zero emissions 726 £ 727 £
cars

Allowances and charges not included in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 735 £
Structures and
buildings		 736 £
Full expensing 733 £ 734 £
Business premises
renovation		 740 £ 745 £
Machinery and plant
– super-deduction		 741 £ 742 £
Machinery and plant
– special rate allowance		 743 £ 744 £
Other allowances
and charges		 750 £ 755 £
Capital allowances Disposal value
Electric
charge-points		 737 £ 738 £
Enterprise zones 746 £ 747 £
Zero emissions
goods vehicles		 748 £ 749 £
Zero emissions 751 £ 752 £
cars

CT600 (2024) Version 3 (Substitute) (IRIS)

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Qualifying expenditure

760 Machinery and plant on which first
year allowance is claimed
£
0
0
•
765 Designated environmentally friendly
machinery and plant
£
0
0
•
770 Machinery and plant on long-life
assets and integral features
£
0
0
•
771 Structures and buildings
£
0
0
•
772 Machinery and plant
– super-deduction
£
0
0
•
773 Machinery and plant
– special rate allowance
£
0
0
•
775 Other machinery and plant
£
0
0
•		 0 0
0 0

Losses, deficits and excess amounts Amount arising

Amount Amount Maximum available Maximum available Maximum available Maximum available Maximum available for surrender for surrender for surrender for surrender
as group relief
Losses of trades
carried on wholly		 780 £ 785 £
or partly in the UK
Losses of trades		 790 £
carried on wholly
outside the UK
Non-trade deficits 795 £ 800 £
on loan relationships
and derivative contracts
UK property
business losses		 805 £ 810 £
Overseas property
business losses		 815 £
Losses from
miscellaneous		 820 £
transactions
Capital losses 825 £
Non-trading losses on
intangible fixed assets		 830 £ 835 £

Excess amounts

Amount Amount Maximum available Maximum available Maximum available Maximum available Maximum available for surrender for surrender for surrender for surrender
as group relief
Non-trade capital
allowances		 840 £
Qualifying donations 845 £
Management expenses 850 £ 855 £

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Northern Ireland information

**856 ** Amount of group relief claimed which relates to NI trading
losses used against rest of UK/mainstream profits		 £ • 0 0
**857 ** Amount of group relief claimed which relates to NI trading
losses used against NI trading profits		 £ • 0 0
**858 ** Amount of group relief claimed which relates to rest of
UK/mainstream losses used against NI trading profits		 £ • 0 0

Overpayments and repayments Small repayments

860 Do not repay sums of £ • 0 0 or less.

Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.

Repayments for the period covered by this return
865 Repayment of Corporation Tax £ •
870 Repayment of Income Tax £ •
875 Payable Research and Development tax credit £ •
880 Payable Research and Development expenditure credit £ •
885 Payable creative tax credit £ •
890 Payable land remediation or life assurance company
tax credit		 £ •
895 Payable capital allowances first-year tax credit £ •

Surrender of tax refund within group

Including surrenders under the Instalment Payments Regulations Including surrenders under the Instalment Payments Regulations
**900 ** The following amount is to be surrendered £ •
Put an ‘X’ in the appropriate boxes below
the joint Notice is attached 905
or
will follow 910
915 Please stop repayment of the following amount £ •
until we send you the Notice

CT600 (2024) Version 3 (Substitute) (IRIS)

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Bank details (for a person to whom a repayment is to be made)

920 Name of bank or building society

925 Branch sort code

930 Account number

935 Name of account

940 Building society reference

==> picture [281 x 136] intentionally omitted <==

Payments to a person other than the company

945 Complete the authority below if you want the repayment to be made to a person other than the company I, as (enter status – for example, company secretary, treasurer, liquidator or authorised agent)

950 of (enter company name)

955 authorise (enter name)

960 of address (enter address)

==> picture [478 x 52] intentionally omitted <==

965 Nominee reference

to receive payment on company’s behalf

970 Name

Declaration

Declaration I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief. I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.

975 Name T R WOOD

980 Date DD MM YYYY 05/22/2024 985 Status DIRECTOR

CT600 (2024) Version 3 (Substitute) (IRIS)

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(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs)

CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015

Guidance

Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.

For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.

Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.

Company information

==> picture [523 x 526] intentionally omitted <==

----- Start of picture text -----
E1 Company name Busy Bees Blaenavon Day Nursery And Kids
(name of charity or CASC)
E2 Tax reference
7 9 3 1 3 1 7 8 5 0
Period covered by this supplementary page (cannot exceed 12 months)
E3 from DD MM YYYY
0 1 0 9 2 0 2 2
E4 to DD MM YYYY
3 1 0 8 2 0 2 3
Claims to exemption ( this section should be completed in all cases)
Charity/CASC repayment reference E5 XT22226
Charity Commission registration number, or E10 1126728
OSCR number (if applicable)
Put an ‘X’ in the relevant box if during the period covered by these supplementary pages:
The company was a charity/CASC and is claiming E15 X
exemption from all tax on all or part of its income
and gains (Also put an ‘X’ in box E15 if the company
was a charity/CASC but had no income or gains in the period)
All income and gains are exempt from tax and have been, E20 X
or will be, applied for charitable or qualifying purposes only
Some of the income and gains may not be exempt or have E25
not been applied for charitable or qualifying purposes only,
and I have completed form CT600
I claim exemption from tax
Name
E30
Status
E35
Date DD MM YYYY
E40
----- End of picture text -----

CT600E(2015) Version 3

HMRC 04/15

Page 1

(B0366L2) C6W3LIP6XKXD7N5UICFP24CR4PUE5N2N

Repayments

To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information.

Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax. E45

Information required

Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity’s/CASC’S accounts for the period covered by this return.

Non-exempt amounts should be entered on form CT600 in the appropriate boxes.

Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these
supplementary pages
Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
9
2
2
9
0
5
4
8
9
1
8
5
9
2
2
9
0
5
4
8
9
1
8		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these
supplementary pages
Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
9
2
2
9
0
5
4
8
9
1
8
5
9
2
2
9
0
5
4
8
9
1
8		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these
supplementary pages
Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
9
2
2
9
0
5
4
8
9
1
8
5
9
2
2
9
0
5
4
8
9
1
8
0 0

CT600E(2015) Version 3

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HMRC 04/15

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Information required

Charity/CASC assets

Charity/CASC assets Charity/CASC assets Charity/CASC assets Charity/CASC assets
Disposals in period Held at the end of the period
(total consideration received) (use accounts figures)
Tangible fixed
E130
£		 E135 £ 1 4 5 1 7
assets
UK investments
E140
£		 E145 £
(excluding
controlled companies)
Shares in,
E150
£		 E155 £
and loans to,
controlled companies
Overseas
E160
£		 E165 £
investments
Loans and non-trade debtors E170 £
Other current assets E175 £ 1 0 5 2 6 0
Qualifying investments and loans E180
Applies to charities only. See CT600 Guide
Value of any non-qualifying investments and loans E185 £
Applies to charities only. See CT600 Guide
Number of subsidiary or associated companies the charity E190
controls at the end of the period. Exclude companies that
were dormant throughout the period

CT600E(2015) Version 3

HMRC 04/15

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