CHATTING CHIMERS CIC

Company limited by guarantee

Company Registration Number:
14471235 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

CHATTING CHIMERS CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CHATTING CHIMERS CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 13 months to 30 November 2023


£

£
Turnover: 0 0
Cost of sales: ( 2,980 ) ( 4,044 )
Gross profit(or loss): (2,980) (4,044)
Administrative expenses: ( 24,723 ) ( 20,340 )
Other operating income: 26,864 26,568
Operating profit(or loss): (839) 2,184
Profit(or loss) before tax: (839) 2,184
Tax: ( 157 )
Profit(or loss) for the financial year: (839) 2,027

CHATTING CHIMERS CIC

Balance sheet

As at 30 November 2024

Notes 2024 13 months to 30 November 2023


£

£
Fixed assets
Tangible assets: 3 1,825 1,357
Total fixed assets: 1,825 1,357
Current assets
Cash at bank and in hand: 25,009 8,784
Total current assets: 25,009 8,784
Prepayments and accrued income: 154
Creditors: amounts falling due within one year: 4 ( 390 ) ( 910 )
Net current assets (liabilities): 24,773 7,874
Total assets less current liabilities: 26,598 9,231
Accruals and deferred income: ( 25,410 ) ( 7,204 )
Total net assets (liabilities): 1,188 2,027
Members' funds
Profit and loss account: 1,188 2,027
Total members' funds: 1,188 2,027

The notes form part of these financial statements

CHATTING CHIMERS CIC

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 May 2025
and signed on behalf of the board by:

Name: Farhana Patel
Status: Director

The notes form part of these financial statements

CHATTING CHIMERS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    1. Overview Chatting Chimers CIC recognizes tangible assets as physical assets that contribute to the organization's operations. These include computer and office equipment, which are subject to depreciation over time. 2. Recognition and Valuation Tangible assets are recorded at cost upon acquisition. The valuation considers the initial purchase price plus any directly attributable expenses necessary to bring the asset into use. 3. Depreciation Method The company employs the **straight-line depreciation method** over a **three-year period**, ensuring a systematic allocation of asset costs over their useful life. 4. Asset Categories and Treatment - Computer Equipment: Depreciated annually at a fixed rate, based on an initial value of £1,040.00 and additions of £1,363.00, totalling £2,403.00 as of 30 November 2024. - Office Equipment: Maintains an initial cost of £653.98 with no additions, remaining at the same value through the financial period. - Depreciation Schedule: - Depreciation is calculated annually, reducing asset values consistently. - As of 30 November 2024, accumulated depreciation totals £(1,231.38). 5. Net Book Value & Disposal At year-end, tangible assets are maintained at a net book value of £2,097.46, reflecting the residual asset worth after depreciation. Any future disposal of assets will follow a formal review to ensure compliance with financial reporting standards. 6. Review and Compliance The tangible assets policy aligns with financial regulations and will be reviewed periodically to reflect operational and accounting best practices. This policy ensures clear accountability for tangible assets and supports financial transparency within Chatting Chimers CIC.

CHATTING CHIMERS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 13 months to 30 November 2023
    Average number of employees during the period 2 2

    We have 2 employees employed on a PAYE basis. We do employ other staff, but due to the nature of project funding, we employ them as sessional staff, contractors, or consultants for each project period.

CHATTING CHIMERS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 1,694 1,694
Additions 1,363 1,363
Disposals
Revaluations
Transfers
At 30 November 2024 3,057 3,057
Depreciation
At 1 December 2023 337 337
Charge for year 895 895
On disposals
Other adjustments
At 30 November 2024 1,232 1,232
Net book value
At 30 November 2024 1,825 1,825
At 30 November 2023 1,357 1,357

CHATTING CHIMERS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

2024 13 months to 30 November 2023
£ £
Trade creditors 390 910
Total 390 910

CHATTING CHIMERS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Financial Commitments

Chatting Chimers CIC had no significant financial commitments that would impact its financial position in the future. This includes long-term obligations such as leases or service contracts that extend beyond the reporting period.

COMMUNITY INTEREST ANNUAL REPORT

CHATTING CHIMERS CIC

Company Number: 14471235 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Chatting Chimers CIC supports women and children from marginalised communities overcome barriers, so they can improve their life chances. This is done through advice and guidance, education, training and support through use of different activities such as arts and crafts, sports, exercise, mental health workshops and any other similar activities. We use a holistic approach using Creative Mindfulness to deliver holistic support. We registered as a CIC in November 2022. During the financial year December 2023 to November 2024, we have provided activities to the communities we support in the following ways: We completed the TNL (NLCF) which benefitting over 60 women. We delivered to a second group in Blackburn and a group in Nelson. The Exercise sessions, arts & crafts activities, healthy eating and wellbeing workshops were appreciated, and the women gave amazing feedback. The project was very successful and there were some amazing outcomes, with participants reporting reduced pain, stress relief, developing new friend- ships, feelings of happiness and also skills development to support self-employment. The project ended in May 2024. We received more funding from NLCF, which started in November 2024 and is ongoing. We had a lot of demand when we delivered before, so we needed more funding to be able to deliver to more women and also to deliver holistic benefits by using creative mindfulness to improve health and wellbeing and enable participants to overcome both physical and mental health issues and minimise visits to the NHS, along with feeling better and improving their own lives. This project has just started, so we will be continuing with the project to deliver to more participants in the next financial year. We received funding to deliver our second basic maths project funded by Multiply through Lancashire County Council (managed by WEA). We delivered to over 40 women aged 19+, who gained confidence with maths and acquired new skills to help with everyday tasks. The project is from May 2023 to February 2024. It involves delivering maths courses, along with practical activities. We delivered in Nelson, Accrington and Preston. The women enjoyed learning maths using creative activities, which helped them stay motivated. This had a great impact on confidence of women and they commented on how much easier it was to understand the maths through the creative activities it was delivered alongside. The project finishes at the end of February, so we will be delivering one more course, which will be maths with spreadsheets. We had another amazing day with the ECO fest event delivered by Prospect Housing in Accrington in June 2024. We were able to deliver mazing arts activities, along with henna painting to promote environmentally friendly activities. It benefitted participants as they learnt new skills and also enjoyed themselves. It also gave us a chance to capture feedback about community needs and we were able to promote our services at the same time. We received some funding from ICB (NHS East Lancashire), to deliver activities around mental health and wellbeing, which we will be delivering in the new financial year. It is aimed at women 19+, who want to improve health and reduce stress or other mental health issues. We will be using our signature creative mindfulness activities to deliver the project, as this is working well for us and we receive amazing feedback. We delivered and continue to deliver English lessons to women who have asked us repeatedly to deliver specific lessons they needed. We have no funding for this, so we have been delivering the sessions using some classroom-based delivery, some online sessions and by producing YouTube videos. The women have appreciated what we have done for them, as it has enabled women with children to attend and they have received training for the specific sessions they requested. They are unable to pay due to low income or unemployment, so we supported them using a combination of delivery methods, making it cost effective.

Consultation with stakeholders

We take regular feedback from participants who attend our courses during and at the end of projects, as that informs us on what they want from us, which helps us determine needs and enables us to plan our projects. We also consult participants when we attend events and group gatherings, as that also gives us insight into current local community needs. We have continued to attend various partner organisation meetings and focus group events, to keep up to date with local needs, statistics and for collaborative working. Our staff complete reports at the end of projects, which highlights what has gone well and what hasn't gone well, and we act accordingly to improve our services. Feedback is constant and ongoing during projects, as our staff speak to participants during activities and ask them what they would like in the future and what barriers they face in overcoming their issues. This feedback is then added to their reports, so we can deliver better informed projects by considering the what we should do and what we should exclude. The ECO Fest event, where we delivered flower making and embroidery activities in Accrington town centre, also helped us connect with stakeholders from the community. It was an outdoors event, and we had a stall in the arts & crafts tent. We seek feedback around services the community wants and barriers they face. The feedback helps us plan future delivery, through full understanding of needs. All of of our directors come from our target communities and fully understand the barriers they face. They talk to people and see their friends and family go through the same issues, so fully understand the needs and can support using lived experience. We also do research and have found that COVID still impacts the community hugely, and mental health issues are still very high for this and other reasons. This with ‘cost of living’ still creating major issues has increased demand on our services. Added to this is the recent racial hate crime and stigmatisation, which has impacted mental health as well, for various reasons. It impacted our deliver a little as well, but we decided to deliver some activities online, so it helped us continue with some support.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £10,456, paid for services rendered, which was by delivering activities for the projects, and managing projects, ensuring that the CIC’s activities align with its social objectives. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors' loss of office, which requires to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 May 2025

And signed on behalf of the board by:
Name: Farhana Patel
Status: Director