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 2022
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 2022
|
Page |
Report of the Trustees |
1 |
Statement of Financial Activities |
2 |
Balance Sheet |
3 to 4 |
Cash Flow Statement |
5 |
Notes to the Cash Flow Statement |
6 |
Notes to the Financial Statements |
7 to 11 |
Detailed Statement of Financial Activities |
12 to 13 |
Chatterbox Community Pre-School Limited
Report of the Trustees
for the Year Ended 31 March 2022
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31March2022.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).
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
R E Pitman
H J Coughlin
J J Kent
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................
Trustee
Page 1
Chatterbox Community Pre-School Limited
Statement of Financial Activities
for the Year Ended 31 March 2022
2022
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
134,090
Charitable activities
Pre-school activities
25,708
Other trading activities
2
3,291
Investment income
3
52
Total
163,141
EXPENDITURE ON
Charitable activities
Pre-school activities
146,582
Other
940
Total
147,522
NET INCOME/(EXPENDITURE)
15,619
RECONCILIATION OF FUNDS
Total funds brought forward
67,743
TOTAL FUNDS CARRIED FORWARD
83,362 |
2021
Total
funds
£
124,814
12,452
3,465
30
140,761
142,729
-
142,729
(1,968)
69,711
67,743 |
|
|
The notes form part of these financial statements
Page 2
Chatterbox Community Pre-School Limited
Balance Sheet
31 March 2022
2022
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
2,318
CURRENT ASSETS
Debtors
9
774
Cash at bank
83,803
84,577
CREDITORS
Amounts falling due within one year
10
(3,533)
NET CURRENT ASSETS
81,044
TOTAL ASSETS LESS CURRENT LIABILITIES
83,362
NET ASSETS
83,362
FUNDS
11
Unrestricted funds
83,362
TOTAL FUNDS
83,362 |
2021
Total
funds
£
2,227
774
66,947
67,721
(2,205)
65,516
67,743
67,743
67,743
67,743 |
|
|
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 31 March 2022.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 March 2022 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.
The notes form part of these financial statements
continued...
Page 3
Chatterbox Community Pre-School Limited
Balance Sheet - continued
31 March 2022
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
.............................................
Trustee
The notes form part of these financial statements
Page 4
Chatterbox Community Pre-School Limited
Cash Flow Statement
for the Year Ended 31 March 2022
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 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 |
2022
£
17,404
17,404
(600)
52
(548)
16,856
66,947
83,803 |
2021
£
(2,611)
(2,611)
(986)
30
(956)
(3,567)
70,514
66,947 |
|
|
|
The notes form part of these financial statements
Page 5
Chatterbox Community Pre-School Limited
Notes to the Cash Flow Statement
for the Year Ended 31 March 2022
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Increase/(decrease) in creditors
Net cash provided by/(used in) operations |
2022
£
15,619
509
(52)
1,328
17,404 |
2021
£
(1,968)
488
(30)
(1,101) |
|
|
(2,611) |
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.21
Cash flow
At
£
£
Net cash
Cash at bank
66,947
16,856
66,947
16,856
Total
66,947
16,856 |
31.3.22
£
83,803 |
|
83,803 |
|
83,803 |
The notes form part of these financial statements
Page 6
Chatterbox Community Pre-School Limited
Notes to the Financial Statements
for the Year Ended 31 March 2022
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 January2019)', 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.
continued...
Page 7
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
2. OTHER TRADING ACTIVITIES
2. |
OTHER TRADING ACTIVITIES |
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Fundraising events |
1,740 |
665 |
|
Other Income |
1,551 |
2,800 |
|
|
3,291 |
3,465 |
3. |
INVESTMENT INCOME |
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Deposit account interest |
52 |
30 |
4. |
NET INCOME/(EXPENDITURE) |
|
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Depreciation - owned assets |
509 |
488 |
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2022norforthe year
ended 31 March 2021.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31March2022norfortheyear ended
31 March 2021.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
Management
Childcare |
2022
2
8
10 |
2021
2
8 |
|
|
10 |
No employees received emoluments in excess of £60,000.
continued...
Page 8
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
7. |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
|
Unrestricted |
|
|
fund |
|
|
£ |
|
INCOME AND ENDOWMENTS FROM |
|
|
Donations and legacies |
124,814 |
|
Charitable activities |
|
|
Pre-school activities |
12,452 |
|
Other trading activities |
3,465 |
|
Investment income |
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 |
8. |
TANGIBLE FIXED ASSETS |
|
|
|
Equipment |
|
|
£ |
|
COST |
|
|
At 1 April 2021 |
4,580 |
|
Additions |
600 |
|
At 31 March 2022 |
5,180 |
|
DEPRECIATION |
|
|
At 1 April 2021 |
2,353 |
|
Charge for year |
509 |
|
At 31 March 2022 |
2,862 |
|
NET BOOK VALUE |
|
|
At 31 March 2022 |
2,318 |
|
At 31 March 2021 |
2,227 |
continued...
Page 9
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Accrued expenses
11.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS |
At 1.4.21
£
67,743
67,743
Incoming
resources
£
163,141
163,141
At 1.4.20
£
69,711
69,711 |
2022
2021
£
£
774
774
2022
2021
£
£
2,903
1,605
630
600
3,533
2,205
Net
movement
At
in funds
31.3.22
£
£
15,619
83,362
15,619
83,362
Resources
Movement
expended
in funds
£
£
(147,522)
15,619
(147,522)
15,619
Net
movement
At
in funds
31.3.21
£
£
(1,968)
67,743
(1,968)
67,743 |
|
|
|
continued...
Page 10
Chatterbox Community Pre-School Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
140,761
140,761 |
Resources
Movement
expended
in funds
£
£
(142,729)
(1,968)
(142,729)
(1,968) |
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.20 |
in funds |
31.3.22 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
69,711 |
13,651 |
83,362 |
TOTAL FUNDS |
69,711 |
13,651 |
83,362 |
A currentyear12 monthsandprioryear12 monthscombinednetmovementinfunds,includedinthe above
are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
303,902
303,902 |
Resources
Movement
expended
in funds
£
£
(290,251)
13,651
(290,251)
13,651 |
|
|
|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 11
Chatterbox Community Pre-School Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2022
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
Carried forward |
2022
£
-
134,090
134,090
1,740
1,551
3,291
52
25,708
163,141
102,001
4,651
3,748
9,487
2,979
1,361
791
224
5,783
554
584
3,461
66
4,186
940
916
630
539
272
143,173 |
2021
£
355
124,459 |
|
|
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
141,510 |
This page does not form part of the statutory financial statements
Page 12
Chatterbox Community Pre-School Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2022
Other
Brought forward
Sundry costs
Staff training
Depreciation of tangible fixed assets
Total resources expended
Net income/(expenditure) |
2022
£
143,173
3,679
161
509
147,522
147,522
15,619 |
2021
£
141,510
363
368
488
142,729
142,729
(1,968) |
|
|
|
This page does not form part of the statutory financial statements
Page 13