``` 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 ```