``` 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 ```