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REGISTERED NUMBER: 08377728 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2021 TO 30 NOVEMBER 2022

FOR

CHANNELS AND CHOICES THERAPEUTIC
FOSTERING LIMITED

CHANNELS AND CHOICES THERAPEUTIC
FOSTERING LIMITED (REGISTERED NUMBER: 08377728)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 NOVEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CHANNELS AND CHOICES THERAPEUTIC
FOSTERING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 NOVEMBER 2022







DIRECTORS: R Barnett
S Davison
M A Scholfield
S J Smee





REGISTERED OFFICE: Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE





REGISTERED NUMBER: 08377728 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

CHANNELS AND CHOICES THERAPEUTIC
FOSTERING LIMITED (REGISTERED NUMBER: 08377728)

BALANCE SHEET
30 NOVEMBER 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,944 14,954

CURRENT ASSETS
Debtors 5 1,698,230 652,056
Cash at bank and in hand 21,873 180,184
1,720,103 832,240
CREDITORS
Amounts falling due within one year 6 (579,687 ) (248,393 )
NET CURRENT ASSETS 1,140,416 583,847
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,148,360

598,801

CREDITORS
Amounts falling due after more than one
year

7

(25,785

)

(38,059

)
NET ASSETS 1,122,575 560,742

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,122,475 560,642
1,122,575 560,742

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which 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 company as at the end of each financial year and of its profit or loss 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 company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 March 2024 and were signed on its behalf by:





R Barnett - Director


CHANNELS AND CHOICES THERAPEUTIC
FOSTERING LIMITED (REGISTERED NUMBER: 08377728)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 NOVEMBER 2022


1. STATUTORY INFORMATION

Channels and Choices Therapeutic Fostering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised over the period in which services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% straight line basis
Computer equipment - 25% straight line basis

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the period comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES

The average number of employees during the period was 10 (2021 - 12 ) .

CHANNELS AND CHOICES THERAPEUTIC
FOSTERING LIMITED (REGISTERED NUMBER: 08377728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2021 TO 30 NOVEMBER 2022


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2021 175 37,371 6,271 43,817
Additions - 560 - 560
At 30 November 2022 175 37,931 6,271 44,377
DEPRECIATION
At 1 September 2021 175 23,570 5,118 28,863
Charge for period - 6,417 1,153 7,570
At 30 November 2022 175 29,987 6,271 36,433
NET BOOK VALUE
At 30 November 2022 - 7,944 - 7,944
At 31 August 2021 - 13,801 1,153 14,954

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 314,543 143,932
Amounts owed by group undertakings 1,321,892 341,594
Prepayments and accrued income 61,795 166,530
1,698,230 652,056

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 9,870 9,589
Trade creditors 18,299 9,882
Amounts owed to group undertakings 299,904 -
Tax 133,522 109,858
Social security and other taxes 23,075 26,205
Other creditors 33,872 1,681
Accruals and deferred income 61,145 91,178
579,687 248,393

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans - 1-2 years 25,785 9,831
Bank loans - 2-5 years - 28,228
25,785 38,059