**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|