## **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)