| Registered Number:04239924 |
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
Chums Childcare Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
301,547
299,233
2
301,547
299,233
| Trade and other receivables |
275
697
3
85,708
| Cash and cash equivalents |
87,504
88,201
85,983
| Trade and other payables: amounts falling due within one |
| year |
(84,580)
(95,149)
4
1,403
(6,948)
Net current liabilities
| Total assets less current liabilities |
294,599
300,636
| Trade and other payables: amounts falling due after more |
| than one year |
(158,623)
(145,404)
5
149,195
Net assets
142,013
100
100
149,095
141,913
149,195
142,013
Shareholders' funds
| For the year ended 31 August 2024 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 2024 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. |
| These financial statements were approved and authorised for issue by the Board on 09 May 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 August 2024
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
72 Cannon Leys
Galleywood
Chelmsford
Essex
CM2 8PD
| The presentation currency is £ sterling. |
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
Plant and machinery
Office equipment
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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For the year ended 31 August 2024
Chums Childcare Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
401,989
3,810
65,175
333,004
25,039
6,306
18,733
-
333,004
83,908
10,116
427,028
| Provision for depreciation and impairment |
102,756
2,819
41,457
58,480
Charge for year
22,725
1,460
10,615
10,650
125,481
4,279
52,072
69,130
263,874
31,836
5,837
301,547
274,524
23,718
991
299,233
| 3. Trade and other receivables |
2023
2024
| Prepayments and accrued income |
697
275
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
437
2,088
| Taxation and social security |
36,600
28,816
| Accruals and deferred income |
4,309
2,402
486
486
53,317
50,788
95,149
84,580
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2024
| Accruals and deferred income |
145,404
158,623
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For the year ended 31 August 2024
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. |
| During the period the Directors received the following interim Ordinary Share dividends: |
| Dawn Joslin - £62,000 (2023: £46,000) |
| Lisa Priest - £62,000 (2023: £46,000) |
| 7. Average number of persons employed |
During the year the average number of employees was 13 (2023 : 11)
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