Trustees’ Annual Report for the period
From 1/3/22 To 31/3/23
Charity name: Cylch Meithrin Tal-y-bont
Charity registration number: 1056252
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To continue to provide local children with a quality Welsh medium preschool education which has been proven to facilitate the transition to full-time education |
| 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 |
Providing a high standard of education to preschool-aged children in the local community to prepare them for local education. To make this education accessible to as many families in the local area as possible. Cylch open 4 days a week. Monday to Thursday from 8.15am-15.15pm Children can attend the morning session 8.15 until 12, afternoon session 12- 15.15 or all day sessions We currently have 15 children registered Fees- £13 morning/afternoon or £25 all day |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have read understood the guidance by the charity commission on public benefit |
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 | Adroddiad ESTYN/CIW Inspection Llongyfarchiadau mawr ir Cylch am adroddiad rhagoral nol ym mis Rhagfyr. Mae’r adroddiad ar gael i’w ddarllen ar lein ac mae’n wirinoneddol yn adlewyrchu’r holl waith caled y staf a’r pwyllgor. Da iawn pawb. Congratulations to Cylch for their excellent report back in December. The report is available to read online and truly refects all the hard work from staf and the committee. Well-done everybody. Codi arian/ Fundraising Sioe Talybont Sioe Nadolig Marathon Calan Gaeaf Bingo Mae’r digwyddiadau yma yn bwysig i godi arian i’r Cylch a chryfhau cysylltiadau gyda’r gymuned leol yn ogystal â chodi profl y Cylch These fundraising events are important and help build a good link to the local community to raise the profle of the Cylch and raise funds for the cylch. Trip diwedd tymor i Fferm fantasi /End of year trip Plant yn edrych ymlaen i trip diwedd tymor i Fferm Ffantasi Children are looking forward to the end of year trip to fantasy farm Help ariannol/ Financial support |
||
|---|---|---|---|---|
30awr gofal plant I blant 3 oed _30hour childcare ofer for 3 year _ |
| olds | |
|---|---|
| Gofal plant di-dreth HMRC | |
| Tax free childcare ofer HMRC | |
| Dechrau Deg/ Flying Start |
|
| | Ardal Ceulanmaesmawr wedi |
| cael cyllid dechrau deg ar | |
| gyfer plant 2 oed | |
| | 12.5 awr yr wythnos |
| | Ceulanmaesmawr have |
| received fying start funding | |
| for 2 year olds | |
| | 12.5 hours a week |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Balance positive 2022-2023. Excess of nearly £9000 for a number of reasons - 30hr childcare funding, Flying start funding and Tax Free. With the costs of running the Cylch and living wage rising, this is making a big impression on the accounts. There’s an increase in staf wages due to the national living wage. There has also been an increase in spending including £12,000 on windows and the outside area- but this has been covered by grants. Decided to maintain the fees as they are because of the rises in everything else. Committee will be looking in to sick pay and writing our own policy regarding this by September. Bin collections also added to expenditures. Currently in a strong fnancial position. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves held for maintaining the internal building and grounds |
| Amount of reserves held | Para 1.22 | £7000 |
Structure, Governance and Management
| Description of charity’s trusts: |
Holly Aubrey (Cadeirydd / Chairperson), Siwan Haf (Ysgrifennydd /Secretary), Ffon Southgate (Trysorydd /Treasurer), Caron Hywel, |
|
|---|---|---|
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| 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 | Selected at the AGM each year, the meeting includes the family of cylch members, members of the local community and the staff at the cylch. |
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Holly Aubrey | (Cadeirydd / Chairperson), |
|||
| Siwan Haf | (Ysgrifennydd / Secretary) |
|||
| Ffon Southgate | (Trysorydd / Treasurer) |
|||
| Caron Hywel |
Cylch Meithrin Talybont
Annual Accounts for Year Ending 2022-23
Income and Expenditure Account
Outgoings/ Expenditures
Income
Reserve Account
Reserve Account- £100
Salaries/ help- £33070.33
MM Registration, PAYE, Scheme Fees£1058.98
Equipment. Materials and resources£12945.09
Internet £240
Food and Drinks- £695.26 Bus Trips- £150
Training £773
Fundraising activities £204.09
Floats £430
Other- £511.25
Bin collection- £133.20, DBS£133.60, Locksmith- £60, Health Checks- £62.85 KP fire- £51.60, football coaching- £70
Current Account
Mudiad Meithrin, Grants, Cyn Cyfeiro
- £438.48
Ceredigion Council funding and grants -£39630.00
Grant Other - £300
Children Fees- £12217.83
Food/ Dinners- £539.60
Fundraising- £2102.70
Bingo at the White £432 Sioe Talybont- £166.90 Halloween- £717.80 Christmas Raffle- £465 Fundraising floats/ costs -£430 Donations-£3150 Total Income- £58,808.61
Transfer to Reserve Account- £100 Interest – £29.56
Total Income- £129.56
Totals in account
Current Account- £27995.31 Reserve Account £6839.38
Total- £34834.69
In hand on 31/3/22- £19364.70 + 6709.82= £26074.52
Excess for the Year £8760.17
Total Outgoings- £50178
Cylch Meithrin Talybont
Annual Accounts for Year Ending 2022-23
Income and Expenditure Account
Outgoings/ Expenditures
Income
Reserve Account
Reserve Account- £100
Salaries/ help- £33070.33
MM Registration, PAYE, Scheme Fees£1058.98
Equipment. Materials and resources£12945.09
Internet £240
Food and Drinks- £695.26 Bus Trips- £150
Training £773
Fundraising activities £204.09
Floats £430
Other- £511.25
Bin collection- £133.20, DBS£133.60, Locksmith- £60, Health Checks- £62.85 KP fire- £51.60, football coaching- £70
Current Account
Mudiad Meithrin, Grants, Cyn Cyfeiro
- £438.48
Ceredigion Council funding and grants -£39630.00
Grant Other - £300
Children Fees- £12217.83
Food/ Dinners- £539.60
Fundraising- £2102.70
Bingo at the White £432 Sioe Talybont- £166.90 Halloween- £717.80 Christmas Raffle- £465 Fundraising floats/ costs -£430 Donations-£3150 Total Income- £58,808.61
Transfer to Reserve Account- £100 Interest – £29.56
Total Income- £129.56
Totals in account
Current Account- £27995.31 Reserve Account £6839.38
Total- £34834.69
In hand on 31/3/22- £19364.70 + 6709.82= £26074.52
Excess for the Year £8760.17
Total Outgoings- £50178
Cylch Meithrin Talybont
Annual Accounts for Year Ending 2022-23 Income and Expenditure Account
External Examination
I can confirm that all the relevant information provided to me is correct, there are bank statements and invoices confirming expenses and income. My only recommendation is to include retaining timesheets for inspection to confirm that hours work match with payroll.
Signed- D. Ruston
(Danielle Ruston)