Trustees’ Annual Report for the period
From 1/4/2023 Period start date To 31/3/2024 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 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 identifiedinthe 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 Commission 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 23/24 we are continuing to improve our facilities. Our opening hours were 8am to 4pm – 5 days per week. 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 | Slight decrease in income but and increase in expenditure leading to a small loss |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | None held |
| Amount of reservesheld | 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 |
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 | Fees received from parents and Childcare funding programmes, 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 / inflation, raising 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 and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| 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 Carms SA197JH |
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 |
Moi Leong | Moi Leong | Christine Jones |
|---|---|---|---|
| Moi Leong | Christine Jones | ||
Trustee |
Trustee | ||
| 6/3/24 | |||
| 6/3/24 |
Cylch Meithrin Llansawel Accounts for the year ended 31 March 2024
| Year to | |
|---|---|
| Income | 31/03/2024 |
| Fees | 66856.22 |
| Donations | 1620.00 |
| Fundraisers | 1373.00 |
| Grant | 1000.00 |
| Total Income | 70849.22 |
| Expenditure | |
| Food | 2761.09 |
| Rent | 3150.00 |
| Staff Wages | 54254.78 |
| Staff PAYE | 3827.34 |
| Staff Pension | 1842.95 |
| Staff Training | 127.95 |
| Training & Resources | 3577.41 |
| Cleaning | 540.30 |
| Accountancy | 426.00 |
| Repairs | 746.44 |
| Subscriptions | 150.00 |
| Waste Disposal | 1102.60 |
| Uniforms | 41.26 |
| U check | 211.66 |
| Trips | 118.19 |
| Sundry | 190.00 |
| Hall Hire for Party | 85.00 |
| Computer | 71.88 |
| Christmas Presents | 84.00 |
| Total Expenditure | 73308.85 |
| -2459.63 | |
| Lloyds Bank Balance | 3558.31 |
| Natwest Savings Account | 7782.20 |
Davina J Griffiths MAAT Boughrood Court Boughrood Brecon Powys LD3 0YG
20 February 2025
Cylch Meithrin Llansawel Llansawel Carmarthenshire SA19 7JH
Dear Sirs
I have checked the accounts prepared for the Cylch Meithrin Llansawel for the year ended 31 March 2024 and have found them correctly prepared using a Cash Basis.
If you need any further information please do not hesitate to contact me.
Yours faithfully,
Davina Griffiths
D J Griffiths MAAT
King Morter Proud & Co is a trading name of King Morter Proud & Co Limited, a company registered in England and Wales with number 7361356. The registered office is Kings Arms Vaults, The Watton, Brecon, Powys, LD3 7EF. Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.