COMPANY NUMBER:
05319695
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GUARANTEE)
DIRECTORS REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GUARANTEE)
COMPANY INFORMATION
| Company Number: | 05319695 |
|---|---|
| Directors: | Mrs L.J. Ingham |
| Mrs K.A.McGrail | |
| Mrs P.A. Trudgill | |
| Registered Office: | Basnett Street Nursery School |
| Basnett Street | |
| Burnley | |
| Lancashire | |
| BB10 3ES | |
| Accountant: | James McGuire |
| 15 Belgrave Road | |
| Blackpool | |
| Lancashire | |
| FY4 4DZ |
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GUARANTEE)
DIRECTORS REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
The directors submit their annual report and the financial statements of the company for the 12 months to year ended 31 December 2020.
The principal activity of the company is to provide education to children pre-school age.
Directors
Mrs L.J. Ingham Mrs K.A.McGrail Mrs P.A. Trudgill
Responsibilities of the directors
The directors acknowledge responsibility for the company's internal financial controls and are appropriate to the business.
The directors have adopted a going concern basis in preparing the accounts. Suitable accounting policies have been established and applied consistently and disclose with reasonable accuracy the financial position of the company.
It is the view that the company accounts represent a true and fair view of the state of affairs of the company.
This report was approved by the board on XXXXXX and has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
.......................................................... Mrs L.J Ingham 24.03.21
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GUARANTEE)
PROFT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2020
| Turnover Cost of sales Gross Profit Admin expenses Operating Profit Other interest receivable and similar income Profit on ordinary activities before taxation Tax on profit on ordinary activities Profit for the year |
Note 2 |
2020 2019 £ £ 165,427 125,442 (93,677) (92,729) 71,750 32,713 (38,872) (49,856) |
2019 |
|---|---|---|---|
| 32,878 (17,143) 44 92 |
|||
| 32,922 (17,051) 0 0 |
|||
| 32,922 (17,051) |
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31 DECEMBER 2020
| Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand Creditors Amounts due within one year Net Current Assets Total assets less current liabilities Net assets Capital and reserves Profit and loss account Shareholders funds |
Note 3 4 5 6 |
£ £ £ £ 22,902 25,931 8,968 16,968 89,329 83,813 98,297 100,781 (32,500) (70,936) 65,797 29,845 88,699 55,776 88,699 55,776 88,699 55,776 88,699 55,776 2020 2019 |
£ £ £ £ 22,902 25,931 8,968 16,968 89,329 83,813 98,297 100,781 (32,500) (70,936) 65,797 29,845 88,699 55,776 88,699 55,776 88,699 55,776 88,699 55,776 2020 2019 |
|---|---|---|---|
| 98,297 (32,500) |
|||
| 55,776 | |||
| 55,776 | |||
| 55,776 | |||
| 55,776 |
The company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
Under section 476 of the Companies Act 2006 the members have not required the financial statements to have an audit.
These financial statements have been prepared in accordance with special provisions relating to the small companies regime and with the Financial Reporting Standard for smaller entities.
These financial statements have been approved by the board on24.03.21 and signed on its behalf.
.......................................................... Mrs L.J Ingham
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GURANTEE)
NOTES TO THE FIANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
1 Accounting policies
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting for Smaller Entities (Effective April 2008).
The company is limited by guarantee and therefore has no share capital.
Each members guarantee liability is limited to £1.
Turnover
Turnover comprises amounts receivable for goods and services.
Tangible fixed assets and deprecation
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment 15% reducing balance basis Buildings 5% straight line basis
Deferred taxation
The Company is a not for profit company and is not subject to corporation tax.
2 Operating Profit
| This is stated after charging Depreciation of owned assets |
2020 £ |
2019 | |
|---|---|---|---|
| £ | |||
| 3,029 3,443 |
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GURANTEE)
NOTES TO THE FIANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
3 Tangible fixed assets
| 3 | Tangible fixed assets | ||||||
|---|---|---|---|---|---|---|---|
| 4 5 |
Cost: At 1 January 2020 Addition At 31 December 2020 Depreciation: At 1 January 2020 Charge for the year At 31 December 2020 Net book value: At 31 December 2020 At 31 December 2019 Debtors Due within one year: Other debtors Creditors Other Creditors Loan Creditor - The Chatterbox Club |
Land and Buildings £ 13,672 0 |
Fixtures and Fittings Total £ £ 45,100 58,772 0 0 |
Total | |||
| 13,672 | 45,100 58,772 |
||||||
| 3,384 683 |
29,457 32,841 2,346 3,029 |
||||||
| 4,067 | 31,803 35,870 |
||||||
| 9,605 | 13,297 22,902 |
||||||
| 10,288 | 15,643 25,931 |
||||||
| 2020 £ |
2019 | ||||||
| £ | |||||||
| 8,968 16,968 |
|||||||
| 2020 2019 £ £ 8,262 46,698 24,238 24,238 |
2019 | ||||||
| 32,500 70,936 |
THE CHATTERBOX CLUB LTD (A COMPANY LIMITED BY GURANTEE)
NOTES TO THE FIANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
6 Profit and loss account
| At 1 January 2019 Profit for the year |
2020 2019 £ £ 55,776 72,827 32,922 (17,051) |
2019 |
|---|---|---|
| 88,698 55,776 |
7 Share Capital
The company is limited by guarantee and therefore has no share capital.
Each members guarantee liability is limited to £1.
The following pages do not form part of the statutory accounts
THE CHATTERBOX CLUB LTD
INCOME AND EXPENDITURE
INCOME
| Nurserey fees LCC Grants Milk Reimbursements Childcare Vouchers After School Club Breakfast Club Lunches Grant - outdoor BBC Grant - Covid BBC JRS Grant SLA overcharge from 19/20 Apprentiship funding Bank Interest Received One off Covd funding Donations Parent Fund EXPENDITURE Gross Wages Supply Costs Wages - Recharged from Nursery Insurance Printing Ofsted DBS Charges Accountancy Fees Payroll SLA SLA with Nursery Rent - Nursery Admin Recharge Cleaning, Hygiene & First Aid Depreciation Furniture/Fitting Depreciation Subscriptions Clothing Costs Training Costs Food Costs Milk Resources ICO Advertising First Aid Supplier Charity Commission Garden project Surplus/Deficit |
2020 £ 13,079 128,381 706 266 191 673 2,112 2,000 9,434 2,988 2,520 2,076 44 1,000 0 0 165,471 91,754 1,480 443 612 738 50 80 500 1,706 20,637 4,475 2,060 116 683 2,346 340 28 553 110 706 660 35 0 100 13 2,324 132,549 32,922 |
2019 £ |
|---|---|---|
| 17,897 98,840 1,155 0 2,313 2,112 3,011 0 0 0 0 0 92 0 57 57 |
||
| 125,420 | ||
| 92,614 115 611 881 50 176 500 995 33,260 4,476 1,983 247 683 2,760 123 99 466 743 1,006 292 35 200 144 13 0 |
||
| 142,472 | ||
| -17,051 |