CYLCH MEITHRIN YR EGLWYS NEWYDD
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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2023
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C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF
CYLCH MEITHRIN YR EGLWYS NEWYDD
FOR THE YEAR ENDED 31[ST] MARCH 2023
CHARITY INFORMATION
Trustees: Bethan McMenemy (from 1[st] September 2022) Nia McQueen (from 1[st] September 2022) Andrea Hodgson (from 10[th] July 2023) Sian Rigler (until 1[st] September 2022) Elin Davies (until 1[st] September 2022) Delyth Drew (until 1[st] September 2022) Charitable position: Charitable Incorporate Organisation no. 1179109 Governing Document: Foundation Constitution dated 9/7/18 Address for correspondence: Cylch Meithrin yr Eglwys Newydd The Scout Hut Penlline Road Whitchurch CARDIFF CF14 2AD
| Independent Examiner: | Paul Burnell ACMI |
|---|---|
| C Management Services | |
| 69 Velindre Road | |
| Whitchurch | |
| CARDIFF | |
| CF14 2TF | |
| Bankers: | National Westminster Bank Plc |
| CAF Bank Plc |
| CONTENTS | ||
|---|---|---|
| Page | ||
| Charity Information | 2 | |
| Trustees Report | 3-5 | |
| Independent Examiners Report | 6 | |
| Statement of Financial Activities | 7 | |
| Statement of Assets and Liabilities | 8 | |
| Notes to the Accounts | 9 |
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31[st] MARCH 2023
The Trustees have the pleasure in submitting the Report and Accounts for the year to 31st March 2023.
Structure, Governance and Management
Nature of organisation
The charity is constituted as an unincorporated charitable organisation. It was formed and registered with the Charity Commission on 15[th] May 1996 (number 1055368).
Appointment of Trustees
New trustees are appointed by existing trustees, who keep the composition of the trustee body under review to ensure that it includes sufficient people with the time and expertise to manage the charity effectively.
Income
The income of the charity arises mainly from (a) payments for sessions either directly from parents/carers or from the local authority and (b) fundraising activities. The charity will also make applications for grant funding from other institutions in support of their activities.
During 2022-2023 a grant of £80,000 was received from Cardiff Council toward the educational activities provided.
Risk Management
The charity is committed to ongoing assessment of the risks to which it is exposed and is confident that it has a reporting system in place which advises on a regular basis of any potential risks to enable them to mitigate as appropriate.
The insurance requirements of the charity are reviewed annually to ensure all prospective liability situations are adequately covered.
Organisational Structure
The Trustees are responsible for all aspects of Cylch Meithrin yr Eglwys Newydd, working with other parents on a committee who bring different skills and knowledge and ww all offer our time on a voluntary basis. We also work closely with the staff team, often having joint meetings to discuss nursery issues.
Responsibility of the Trustees
Charity law requires the Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.
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We are required to:
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Select suitable accounting policies and apply them consistently
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Make judgements and estimates that are reasonable and prudent
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State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts
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Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Our Aims and Objectives
The object of the charity is the education of pre-school children in Whitchurch through the medium of the Welsh language.
This is done through a variety of activities which are for the public benefit including:
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Stay and Play sessions where parents/guardians are welcome to attend to join in the activities (singing, storytelling).
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Christmas carol signing where the children attended a local care home.
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Regular forest school sessions so the children can learn more about nature and the world around them.
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Following the new curriculum for Wales.
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Child focused planning.
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Emphasis on child wellbeing
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Working closely with the children’s commissioner for Wales.
Public Benefit Requirement
In planning the activities, the Trustees have applied the guidance issued by the Charity Commission on public benefit in December 2008.
Plans for Future Periods
We are preparing to move the Cylch to a permanent site at Melin Gruffydd school in Q4 2024 after funding was approved by the Welsh Government in Q4 2023.
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Independent Examiner
Paul Burnell of C Management Services was appointed as the organisation’s independent examiner during the year.
This Report was approved by the Trustees on 20[th] January 2024 and is signed on their behalf by
Bethan McMenemy (Chair of Trustees)
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INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF
CYLCH MEITHRIN YR EGLWYS NEWYDD
I report on the accounts of the Charity for the year ended 31[st] March 2023, which are set out on pages 4 to 7.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Paul Burnell
Paul Burnell ACMI 20[th] January 2024 For and on behalf of:
C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road
Cardiff CF14 2TF
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CYLCH MEITHRIN YR EGLWYS NEWYDD
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31[st] MARCH 2023
| Note RECEIPTS Receipts from generated funds Receipts from charitable activities 3 Other receipts 4 Interest received Total Receipts PAYMENTS Charitable activities 5 Total payments Net Receipts/(Payments) Transfers between funds Fund balances at 1st April 2022 Fund balances at 31stMarch 2023 |
Unrestricted Funds £ Restricted Funds £ Total Funds 2023 £ Total Funds 2022 £ - - - - 96,888 - 96,888 83,003 51,034 30,000 81,034 14,748 - - - |
|---|---|
| 147,922 30,000 177,922 97,751 |
|
| 88,039 30,000 118,039 92,358 |
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| 88,039 30,000 118,039 92,358 |
|
| 59,883 - 59,883 5,393 - - - 12,456 - 12,456 7,063 |
|
| 72,339 - 72,339 12,456 |
The notes on page 6 form part of these accounts.
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CYLCH MEITHRIN YR EGLWYS NEWYDD
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31[ST] MARCH 2023
1. Fixed Assets
| Insurance Value 2023 £ The value of assets owned are: Equipment 10,000 10,000 2. Bank & Cash Balances 2023 £ Investments - Cash at bank and in hand 72,339 72,339 3. Other Assets and Liabilities 2023 £ Assets Gift aid tax recovery not yet received - Liabilities Unbilled fee for Independent Examination 200 |
2022 £ - 12,456 12,456 2022 £ - 564 |
|---|---|
The accounts were approved by the Trustees and signed on their behalf on 20[th] January 2024 by Bethan McMenemy
The notes on page 6 form part of these accounts.
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CYLCH MEITHRIN YR EGLWYS NEWYDD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2023
1. Accounting Policies
The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities
| 2. Voluntary receipts Donations 3. Receipts from charitable activities Childrens Fees Cardiff Council 4. Other Receipts Grants Fundraising 5. Charitable activities a. Direct Charitable Costs Staff salaries, pensions etc Staff training Equipment & materials Fundraising b. Support and Administration Premises costs Professional fees Administration and general expenses |
Unrestricted Funds £ Restricted Funds £ Total 2023 £ Total 2022 £ - - - - |
|---|---|
| - - - - |
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| 60,273 36,615 - - 60,273 36,615 54,188 28,815 |
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| 96,888 - 96,888 83,003 |
|
| Unrestricted Funds £ Restricted Funds £ Total 2023 £ Total 2022 £ 50,000 1,034 30,000 80,000 1,034 9,705 5,043 |
|
| 51,034 30,000 81,034 14,748 |
|
| Unrestricted Funds £ Restricted Funds £ Total 2023 £ Total 2022 £ 65,160 27,306 92,466 71,630 - 2,420 850 960 1,734 - 960 4,154 850 - 5,576 - |
|
| 68,430 30,000 98,430 77,206 |
|
| 18,005 - 18,005 14,356 1,335 - 1,335 614 269 - 269 182 |
|
| 19,609 - 19,609 15,152 |
6. Staff and Trustees
No remuneration or trustee expenses were paid to any trustee during the year, nor to any person connected to them.
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