Trustees’ Annual Report for the period
From 01/04/2022 Period start date To 31/03/2023 Period end date
Charity name: Ysgol Meithrin Llansawel
Charity registration number: 1054480
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide a preschool environment for children aged between 18 months and 12 through the medium of Welsh and English where needed. Provide wrap around care and holiday club. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Provision of preschool care to children in Llansawel and surrounding areas. Provision of holiday club / wrap around care. Supply of healthy snacks and meals. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have full regard to guidance issued by the Charity Comission on public benefit and are happy that the charity is fulfilling its purpose. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | In the financial year covering 22/23 we improved our facilities investing in new outdoor activities and improving the offering. Our opening hours were 8am to 4pm. Although we had to increase our fees this year due to financial pressures (cost of living / staff wage increase) our fees remained the lowest in the area. We also ran affordable holiday clubs to support working families when care can be difficult. Through the provision of affordable care and a compassionate approach to fee collection we have allowed greater financial freedom to families. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Increase in income and expenditure. Small profit at the end of the financial year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | None held |
| Amount of reserves held | Para 1.22 | None |
| Reasons for holding zero reserves |
Para 1.22 | Not yet in a financial position to do so |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Childrens Fees, Community Fundraisers and applied for grants. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | Cost of living crisis, raising of fees / reduction of children attending. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIW |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated association |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Election to post at AGM |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Ysgol Meithrin Llansawel |
|---|---|
| Other name the charity uses | Cylch Meithrin Llansawel |
| Registered charity number | 1045580 |
| Charity’s principal address | Neuadd Llansawel Llansawel LLANDEILO Dyfed SA19 7JH |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
Janet Phillips | J. Cavill-Frysol |
|---|---|---|
| Janet Phillips | Jennifer Cavill-Frysol | |
Trustee |
Treasurer | |
| 31 Jan 2023 | ||
| 31 Jan 2023 |
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Accounts 2022 / 23 Summary Sheet
Revenue
Fees 68,018.00
Refund 1,005.00
Credit 1,257.00
Grants 1,800.00
Donation 901.00
Fundraiser 924.00
73,905.00
Expenses
External Fundraiser -39.00
Office Supplies 2,609.00
HMRC 2,894.00
Equipment 1,415.00
Staff Wages 49,154.00
Resources 3,210.00
DBS 143.00
Utilities 351.00
Rent 2,850.00
Taxes and Licenses 55.00
Other Expenses 1,564.00
Staff Education 378.00
Pension - Nest 1,766.00
Grocery 2,044.00
68,394.00
Profit / (Loss) 5,511.00
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Stubbings Accountancy & Bookkeeping Services Ltd Pen Y Baily, Llansawel, Carmarthenshire, SA19 7JF LL: 01558 685 858 M: 07522 984 094 sabservices1@gmail.com www.sabservices.wales Registered in England & Wales, Company No: 08794066
Cylch Meithrin Llansawel Llansawel Hall Llansawel Carmarthenshire SA19 7JH
31[st] January 2024
F.A.O. The Treasurer
Dear Jennifer Cavill-Frysol
Re: Charity No. 1054480 Cylch Meithrin Llansawel
I confirm that I have examined the 2022-2023 Financial Accounts of the above Charity. Correct accounting procedures have been followed and due care and diligence has been taken.
There are no issues to report, and I confirm that they are a true statement of the Charitie’s financial position for their financial year April 2022 to March 2024.
Yours sincerely
Kathleen Stubbings
C.E.O
Bespoke Accounting Services and Tax Efficiency Guidance for Business We believe in your success!