REGISTERED COMPANY NUMBER: 08142919(England and Wales)
REGISTERED CHARITY NUMBER: 1148925
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
Chatterbox Community Pre-School Limited
Jerram Surlis Limited
4 Latimer Street
Romsey
Hampshire
SO51 8DG
Chatterbox Community Pre-School Limited
Contents of the Financial Statements
for the Year Ended 31 March 2021
|
Page |
Report of the Trustees |
1 |
Independent Examiner's Report |
2 |
Statement of Financial Activities |
3 |
Balance Sheet |
4 to 5 |
Cash Flow Statement |
6 |
Notes to the Cash Flow Statement |
7 |
Notes to the Financial Statements |
8 to 12 |
Detailed Statement of Financial Activities |
13 to 14 |
Chatterbox Community Pre-School Limited
Report of the Trustees
for the Year Ended 31 March 2021
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31March2021.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2015).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
08142919 (England and Wales)
Registered Charity number |
|
1148925 |
|
Registered office |
|
Chatterbox Community Pre-School |
|
Halterworth Lane |
|
Romsey |
|
Hampshire |
|
SO51 9AD |
|
Trustees |
|
S J Douglas |
|
B H Griffiths |
|
L E Morgan |
- resigned 14.7.20 |
R E Pitman |
|
H J Coughlin |
|
J J Kent |
- appointed 11.5.20 |
Independent examiner |
|
David Jerram |
|
FFA FTA |
|
Jerram Surlis Limited |
|
4 Latimer Street |
|
Romsey |
|
Hampshire |
|
SO51 8DG |
|
Approved by order of the board of trustees on ............................................. and signed on its behalf by: |
|
.............................................
Trustee
Page 1
Independent Examiner's Report to the Trustees of
Chatterbox Community Pre-School Limited
Independent examiner's report to the trustees of Chatterbox Community Pre-School Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw) youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006
Actandareeligibleforindependentexamination,I reportinrespectof my examinationof yourcharity'saccounts as
carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith 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)].
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached
David Jerram
FFA FTA
Jerram Surlis Limited
4 Latimer Street
Romsey
Hampshire
SO51 8DG
Date: .............................................
Page 2
Chatterbox Community Pre-School Limited
Statement of Financial Activities
for the Year Ended 31 March 2021
2021
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
124,814
Charitable activities
Pre-school activities
12,452
Other trading activities
2
3,465
Investment income
3
30
Total
140,761
EXPENDITURE ON
Charitable activities
Pre-school activities
142,729
NET INCOME/(EXPENDITURE)
(1,968)
RECONCILIATION OF FUNDS
Total funds brought forward
69,711
TOTAL FUNDS CARRIED FORWARD
67,743 |
2020
Total
funds
£
124,429
19,813
6,566
101 |
|
150,909
148,493 |
|
2,416
67,295 |
|
69,711 |
The notes form part of these financial statements
Page 3
Chatterbox Community Pre-School Limited
Balance Sheet
At 31 March 2021
2021
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
2,227
CURRENT ASSETS
Debtors
9
774
Cash at bank
66,947
67,721
CREDITORS
Amounts falling due within one year
10
(2,205)
NET CURRENT ASSETS
65,516
TOTAL ASSETS LESS CURRENT LIABILITIES
67,743
NET ASSETS
67,743
FUNDS
11
Unrestricted funds
67,743
TOTAL FUNDS
67,743 |
2020
Total
funds
£
1,729
774
70,514
71,288
(3,306)
67,982
69,711
69,711
69,711
69,711 |
|
|
The notes form part of these financial statements
continued...
Page 4
Chatterbox Community Pre-School Limited
Balance Sheet - continued
At 31 March 2021
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 31 March 2021.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies
subject to the small companies regime.
The financialstatementswere approvedbytheBoardof Trusteeson.............................................andwere signed on
its behalf by:
.............................................
Trustee
The notes form part of these financial statements
Page 5
Chatterbox Community Pre-School Limited
Cash Flow Statement
for the Year Ended 31 March 2021
Notes
Cash flows from operating activities:
Cash generated from operations
1
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Purchase of tangible fixed assets
Interest received
Net cash provided by (used in) investing 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 |
2021
£
(2,611)
(2,611)
(986)
30
(956)
(3,567)
70,514
66,947 |
2020
£
1,337
1,337
(899)
101
(798)
539
69,975
70,514 |
|
|
|
The notes form part of these financial statements
Page 6
Chatterbox Community Pre-School Limited
Notes to the Cash Flow Statement
for the Year Ended 31 March 2021
1.
RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021
£
Net income/(expenditure) for the reporting period (as per the statement
of financial activities)
(1,968)
Adjustments for:
Depreciation charges
488
Interest received
(30)
Decrease in creditors
(1,101)
Net cash provided by (used in) operating activities
(2,611)
2.
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.20
Cash flow
At
£
£
Net cash
Cash at bank
70,514
(3,567)
Total
70,514
(3,567) |
2020
£
2,416
380
(101)
(1,358)
1,337
31.3.21
£
66,947
66,947 |
|
|
Page 7
Chatterbox Community Pre-School Limited
Notes to the Financial Statements
for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2015)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andthe amountof the obligationcanbe measuredreliably.Expenditureis accountedforon an accruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
Tangible fixed assets
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
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.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the
charitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to
which they relate.
2. OTHER TRADING ACTIVITIES
Fundraising events
Other Income |
2021
£
665
2,800
3,465 |
2020
£
2,366
4,200 |
|
|
6,566 |
Page 8
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2021
3. INVESTMENT INCOME
Deposit account interest
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets |
2021
£
30
2021
£
488 |
2020
£
101 |
|
|
2020
£
380 |
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021norforthe year
ended 31 March 2020 .
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31March2021norfortheyear ended
31 March 2020.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
Management
Administration
Childcare |
2021
1
1
9
11 |
2020
1
1
9 |
|
|
11 |
No employees received emoluments in excess of £60,000.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
|
Unrestricted |
|
fund |
|
£ |
INCOME AND ENDOWMENTS FROM |
|
Donations and legacies |
124,429 |
Charitable activities |
|
Pre-school activities |
19,813 |
Other trading activities |
6,566 |
Investment income |
101 |
Total |
150,909 |
Page 9
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2021
7. |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|
|
|
|
|
Unrestricted |
|
|
|
fund |
|
|
|
£ |
|
EXPENDITURE ON |
|
|
|
Charitable activities |
|
|
|
Pre-school activities |
|
148,493 |
|
Total |
|
148,493 |
|
NET INCOME/(EXPENDITURE) |
|
2,416 |
|
RECONCILIATION OF FUNDS |
|
|
|
Total funds brought forward |
|
67,295 |
|
TOTAL FUNDS CARRIED FORWARD |
|
69,711 |
8. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
Equipment |
|
|
|
£ |
|
COST |
|
|
|
At 1 April 2020 |
|
3,594 |
|
Additions |
|
986 |
|
At 31 March 2021 |
|
4,580 |
|
DEPRECIATION |
|
|
|
At 1 April 2020 |
|
1,865 |
|
Charge for year |
|
488 |
|
At 31 March 2021 |
|
2,353 |
|
NET BOOK VALUE |
|
|
|
At 31 March 2021 |
|
2,227 |
|
At 31 March 2020 |
|
1,729 |
9. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Other debtors |
774 |
774 |
Page 10
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2021
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Accrued expenses |
2021
£
1,605
600
2,205 |
2020
£
2,667
639 |
|
|
3,306 |
11. MOVEMENT IN FUNDS
|
|
Net |
|
|
|
movement in |
|
|
At 1.4.20 |
funds |
At 31.3.21 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
69,711 |
(1,968) |
67,743 |
TOTAL FUNDS |
69,711 |
(1,968) |
67,743 |
Net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
Resources |
Movement in |
|
resources |
expended |
funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
140,761 |
(142,729) |
(1,968) |
TOTAL FUNDS |
140,761 |
(142,729) |
(1,968) |
Comparatives for movement in funds
Net
movement in
At 1.4.19
funds
At
£
£
Unrestricted Funds
General fund
67,295
2,416
TOTAL FUNDS
67,295
2,416 |
31.3.20
£ |
|
69,711 |
|
|
|
|
|
|
|
69,711 |
|
|
Page 11
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2021
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
|
Incoming |
Resources |
Movement in |
|
resources |
expended |
funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
150,909 |
(148,493) |
2,416 |
TOTAL FUNDS |
150,909 |
(148,493) |
2,416 |
|
|
|
|
|
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement in
At 1.4.19
funds
At
£
£
Unrestricted funds
General fund
67,295
448
TOTAL FUNDS
67,295
448 |
31.3.21
£
67,743 |
|
67,743 |
A currentyear12 monthsandprioryear12 monthscombinednetmovementinfunds,includedinthe above
are as follows:
|
Incoming |
Resources |
Movement in |
|
resources |
expended |
funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
291,670 |
(291,222) |
448 |
TOTAL FUNDS |
291,670 |
(291,222) |
448 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
Page 12
Chatterbox Community Pre-School Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2021
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants received
Other trading activities
Fundraising events
Other Income
Investment income
Deposit account interest
Charitable activities
Fees
Total incoming resources
EXPENDITURE
Support costs
Other
Wages
Social security
Pensions
Rent & rates
Insurance
Light and heat
Telephone
Postage and stationery
Toys & equipment
Catering
Materials
Cleaning
Administration costs
Repairs & renewals
Security
Subscriptions & sundry fees
Accountancy
Computer services & software
Bank charges
Sundry costs
Staff training
Carried forward |
2021
£
357
124,457
124,814
665
2,800
3,465
30
12,452
140,761
100,231
235
3,220
8,102
2,083
2,026
1,035
156
3,643
658
740
2,255
1,280
11,495
1,339
1,226
600
752
434
363
368
142,241 |
2020
£
2,771
121,658 |
|
|
124,429
2,366
4,200 |
|
|
6,566
101
19,813 |
|
|
150,909
103,190
1,621
2,817
9,929
2,955
1,332
825
345
8,618
695
748
5,277
1,755
3,061
1,409
126
1,037
163
473
539
1,198
148,113 |
This page does not form part of the statutory financial statements
Page 13
Chatterbox Community Pre-School Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2021
Other
Brought forward
Depreciation of tangible fixed assets
Total resources expended
Net (expenditure)/income |
2021
£
142,241
488
142,729
142,729
(1,968) |
2020
£
148,113
380 |
|
|
148,493 |
|
|
148,493 |
|
|
2,416 |
This page does not form part of the statutory financial statements
Page 14