CYLCH MEITHRIN TREHARRIS
Trustees Annual Report
The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1055231 Principal Office
17 Brynteg Treharris CF46 5RF
Trustees
The following Trustees served during the year:
T. Griffiths G. Watkins
Directors of Corporate Trustees
Gemma Watkins Tracey Griffiths
Accountants
Tax Relax Ltd 37 Oakland Street Bedlinog CF45 6TE
Bankers
HSBC UK 127-128 High Street Merthyr Tydfil CF47 8DN
OBJECTIVES AND ACTIVITIES
The purpose of the charity is to provide a happy family atmosphere in which children learn through the medium of Welsh
The main activities undertaken in relation to those purposes are to plan daily fun and engaging activities following the foundation phase seven areas of learning to ensure every child is given the opportunity to explore and investigate through a wide range of activities whilst learning through play. Promote such other charitable purposes as may from time to time be determined, the trustees are aware of the benefits to the community based on the guidance from the Charity Commission. - Allowing children to learn through the medium of Welsh.
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Providing the residents access to local learning thereby allowing them to gain confidence, new knowledge and skills.
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Providing residents with job opportunities that build their confidence and self esteem.
ACHIEVEMENTS AND PERFORMANCE
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CYLCH MEITHRIN TREHARRIS
Trustees Annual Report
The Cylch Meithrin provides an important part in the community. It provides good quality, affordable, childcare through the medium of Welsh. It is also a feeder for the Welsh Medium school and majority of the children who leave us progress to Welsh education. We offer both private and flying start places and are fully inclusive. We offer the 30 hour childcare as well as full day care or sessional.
FINANCIAL REVIEW
During 2022-23 financial year our income generating capacity has seen a positive increase this year, we have seen more grants from the MTCBC and increase in children using the day-care. We always strive to further increase our footfall and subsequent income so will continue to market the centre, we believe our planned projects for the year ahead will set us on the right path to achieve this. The Policy for holding reserves is to insure we have a fall back for the day to day running costs of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The nature of the governing document is constitution. The trustees are appointed during out annual AGM and the charity is committee run and voluntary.
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Treasurer is responsible for the Association's finances and works closely with the Centre Manager to maintain proper accounting records and provide accurate and timely financial reports for the Board.
Signed on behalf of the charity's trustees
T. Griffiths Trustee
31 March 2023
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