2022-09-01 04239924 2023-08-31 04239924 2022-09-01 2023-08-31 04239924 2022-08-31 04239924 2021-09-01 2022-08-31 04239924 uk-core:WithinOneYear 2022-08-31 04239924 uk-core:WithinOneYear 2023-08-31 04239924 uk-core:AfterOneYear 2022-08-31 04239924 uk-core:AfterOneYear 2023-08-31 04239924 uk-core:ShareCapital 2023-08-31 04239924 uk-core:ShareCapital 2022-08-31 04239924 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 04239924 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 04239924 uk-bus:Director1 2022-09-01 2023-08-31 04239924 uk-bus:Director2 2022-09-01 2023-08-31 04239924 uk-core:Buildings 2022-09-01 2023-08-31 04239924 uk-core:PlantMachinery 2022-09-01 2023-08-31 04239924 uk-core:ToolsEquipment 2022-09-01 2023-08-31 04239924 uk-core:FurnitureFittings 2022-09-01 2023-08-31 04239924 uk-core:ToolsEquipment 2022-08-31 04239924 uk-core:FurnitureFittings 2022-08-31 04239924 uk-core:Buildings 2022-08-31 04239924 uk-core:Buildings 2023-08-31 04239924 uk-core:FurnitureFittings 2023-08-31 04239924 uk-core:ToolsEquipment 2023-08-31 iso4217:GBP xbrli:pure 04239924 uk-bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 04239924 uk-bus:FRS102 2022-09-01 2023-08-31 04239924 uk-bus:FilletedAccounts 2022-09-01 2023-08-31 04239924 uk-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31
Chums Childcare Limited
Registered Number:04239924
For the year ended 31 August 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
04239924
As at 31 August 2023
Chums Childcare Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
299,233
309,998
2
299,233
309,998
Current assets
Trade and other receivables
600
275
3
51,073
Cash and cash equivalents
85,708
85,983
51,673
Trade and other payables: amounts falling due within one
year
(52,796)
(84,580)
4
(1,123)
1,403
Net current assets
Total assets less current liabilities
300,636
308,875
Trade and other payables: amounts falling due after more
than one year
(171,842)
(158,623)
5
142,013
Net assets
137,033
Capital and reserves
Called up share capital
100
100
Retained earnings
141,913
136,933
142,013
137,033
Shareholders' funds
For the year ended 31 August 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dawn Joslin Director
Lisa Priest Director
These financial statements were approved and authorised for issue by the Board on 30 September 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 31 August 2023
Chums Childcare Limited
Notes to the Financial Statements
Statutory Information
Chums Childcare Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04239924.
Principal place of business:
Beehive Lane Community Primary School
Beehive Lane
Great Baddow, Chelmsford
Essex
CM2 9SR
Registered address:
72 Cannon Leys
Galleywood
Chelmsford
Essex
CM2 8PD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company..
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
2% Straight line
Plant and machinery
25% Reducing balance
20% Reducing balance
Office equipment
25% Reducing balance
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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4
For the year ended 31 August 2023
Chums Childcare Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Office
equipment
Fixtures and
fittings
Land and
buildings
£
£
£
£
Cost or
valuation
At 01 September 2022
393,946
3,810
57,132
333,004
8,043
-
8,043
-
Additions
At 31 August 2023
333,004
65,175
3,810
401,989
Provision for depreciation and impairment
At 01 September 2022
83,948
2,571
33,547
47,830
Charge for year
18,808
248
7,910
10,650
At 31 August 2023
102,756
2,819
41,457
58,480
At 31 August 2023
Net book value
274,524
23,718
991
299,233
At 31 August 2022
285,174
23,585
1,239
309,998
3. Trade and other receivables
2022
2023
£
£
Prepayments and accrued income
275
600
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
2,088
9,883
Taxation and social security
28,816
18,031
Accruals and deferred income
2,402
1,466
Directors' loan accounts
486
486
Other creditors
50,788
22,930
84,580
52,796
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Accruals and deferred income
158,623
171,842
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For the year ended 31 August 2023
Chums Childcare Limited
Notes to the Financial Statements Continued
6. Related party transactions
The company is jointly controlled by the Directors who hold 100% of the voting rights of the company in equal
proportions.
7. Average number of persons employed
During the year the average number of employees was 11 (2022 : 11)
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