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2024-03-31-accounts

Trustees’ Annual Report for the period

From April 2023 To March 2024

Charity name: Cylch Meithrin Bancffosfelen

Charity registration number: 1056399

Objectives and Activities

Objectives and Activities
Summary of the purposes of the
charity as set out in its governing
document		 The object of the charity is to run a Cylch
Meithrin for preschool children aged
between two and four years old during
normalschool term times.
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.		 The main purpose of the Charity is to
provide high quality child play, learning
and education of preschool children to
the residents of Bancffosfelen and the
surrounding villages and to support the
children and parents in the child's
development through the medium of the
Welsh language to make a smooth
progression into school life.
Cylch Meithrin Banffosfelen provides early years
education and Welsh language immersion for young
children. As a charitable organisation, the cylch
engages in a range of community-focused activities
including:

- Organising community fundraising events

- Providing Welsh-medium play and learning op-
portunities

- Collaborating with local organisations to support
families

- Delivering educational sessions that promote cul-
ture and language
The Charity is making a conscious effort to
create a reserves fund in order to be able
to provide the staff needed and to meet
other needs needed to continue with the
provision provide.
Statement confirming whether the
trustees have had regard to the		 The trustees have regard to the Charity
Commission’s guidance on public benefit.

guidance issued by the Charity Commission on public benefit

Achievements and Performance

Summary of the main achievements Once again, the past year has

of the charity, identifying the difference the charity’s work has been extremely challenging. Staff

made to the circumstances of its deserve full credit for maintaining

beneficiaries and any wider benefits high standards and continuing to to society as a whole. provide exceptional care for the children. Sincere thanks were expressed to all. A great deal of work has taken place over the year, and the committee is grateful for everyone’s commitment to the Cylch. There are currently three members of staff, and this will be the final year for Sian Williams as she approaches retirement. Sian has been an integral part of the Cylch for over 30 years, and her contribution is deeply appreciated. She has been the face of the Cylch, caring for generations of children. It is now time for her to relax and enjoy the next chapter. Heartfelt thanks were given to Sian — she will be greatly missed. This means that the Leader post will soon need to be advertised. Child numbers remain stable, although a small increase would be helpful. A continuing issue is that some children attend Cylch Bancffosfelen but then move on to the neighbouring primary school in Pontyberem. We have been promoting a range

of skills such as numeracy, oracy, - listening, mark making, writing, questioning, communication, ICT, - sharing and problem solving. We have fundraised via • Clothes recycling – Bags2School • Sports Day  Christmas Fair • Grand Raffle All staff are required to continue improving the quality of - - day to day provision. Support will be provided by the Athrawes Fro (CSG) through the improvement plan, as well as by the Mudiad Meithrin development officer

Financial Review

Review of the charity’s fnancial positon at the end of the
period :-
Statement explaining the policy for
holding reserves stating why they are
held		 No reserves currently held. Working margins don’t allow
any reserves to be built up. Ongoing work to protect some
money as reserves is a priority.
Amount of reserves held zero
Reasons for holding zero reserves No reserves currently available. Working margins don’t
allow any reserves to be built up. Ongoing work to protect
some money as reserves is a priority.
Details of fund materially in deficit None identified
Explanation of any uncertainties
about the charity continuing as a
going concern		 None noted. However, the margin between income and
grants which are used to pay ongoing costs and staff
salary are tight. Option exists to apply for emergency
grants from Mudiad Meithrin and Welsh Government if
required.

Structure, Governance and Management

Type of governing document
(trust deed, royal charter)		 Trust
How is the charity constituted?
(e.g unincorporated association,
CIO)		 Unincorporated Association
Trustee selection methods including
details of any constitutional
provisions e.g. election to post or		 Elected to post at annual AGM

name of any person or body entitled to appoint one or more trustees

Reference and Administrative details

Charity name Cylch Meithrin Bancffosfelen
Other name the charity uses n/a
Registered charitynumber 1056399
Charity’s principal address Ysgol Cynradd Bancffosfelen
Bancffosfelen
Llanelli
SA15 5DR

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body)
entitled to appoint trustee (ifany)
Davinia Davies - Whole Year Elected at AGM
Martin Davies - Whole Year Elected at AGM
Sian Williams - Whole Year Elected at AGM

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
n/a n/a

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity		 n/a
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects		 n/a
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets		 n/a

Exemptions from disclosure

Reason for non-disclosure of key personnel details

n/a

Other optional information

The Committee and all members of staff are wholly backed up by all parents whose children attend the Cylch

Over the coming year it is expected that we will continue to provide the morning sessions,

afternoon session or whole day session to provide the education and childcare required

We will continue to advertise, campaign in the form of leaflets, Facebook, posters to promote the setting.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) M L Davies D Davies Full name(s) Martin Davies Davinia Davies Position (eg Secretary, Treasurer Chair Chair, etc) Date April 2024

Cylch Meithrin Bancffosfelen

FOR ENGLAND AND WALES ~~|~~ 1056399 CC16a

Receipts and payments accounts

For the period From 01/04/23 To 31/03/24

Section A Receipts and payments

Unrestricted
funds		 Unrestricted
Restricted
funds
Endowment
funds		 Total funds Last year
to the nearest to the nearest
to the nearest		 to the nearest to the nearest to the nearest
to the nearest
£ £
£		 £ £
A1 Receipts
Grant MYM
Gran au eraill
F/oedd Plant
Yr 3 Funding
Rhoddion
Arall
Total receipts		 0
3350
3350
9793
9793
14480
14480
0
4
4
0
0
0
0
27627
0
0
27627
~~ee~~
~~es~~
~~en~~
~~ee~~
~~esen~~
~~es~~
~~es en~~
~~es~~
~~es en~~
~~es~~
~~es ee~~
~~es~~
~~es~~
~~en~~
~~es~~
~~es~~
~~en~~
~~es~~
~~es ee~~
~~es~~
~~es~~
~~es~~
~~ee ee~~
~~ee~~
~~eses ee~~
~~eseeeees~~		 5172
8980
11477
100
4747
30475
A3 Payments
Cy:ogau
Other sta= cost
Rhent a Gwres
F/oedd Cofrestru
O=er, nwyddau
Bwyd a Diod
Arall
Total payments		 33450
33450
26721
180
180
180
0
125
125
125
329
329
11096
0
306
306
0
0
0
0
0
0
0
0
0
0
34390
0
0
34390
38122
~~es~~
~~esne~~
~~es~~
~~es ee~~
~~es~~
~~es~~
~~es~~
~~es ee~~
~~es~~
~~es~~
~~en~~
~~es~~
~~es~~
~~en~~
~~es~~
~~es ee~~
~~es~~
~~es~~
~~es~~
~~ee ee~~
~~es~~
~~es~~
~~es ee~~
~~es~~
~~es ee~~
~~es~~
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~~es~~
~~es~~
~~ee~~
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~~ee~~
~~ee es~~
~~ee~~
~~es en~~
~~ee~~
~~esen~~
~~ee~~
~~esen~~
~~es~~
~~esee~~
~~aeeeeee~~
Net of receipts/(payments) (6763) 0
0		 (6763) (7647)
A5 Transfers between funds 0 0
0		 0 0 0
A6 Cash funds last year end 7315 0 7315 7315 14962
Cash funds this year end 552 0
0		 552 552 7315

Section B Statement of assets and liabilities at the end of the period

Unrestricted
Restricted		 Endowment
Categories Details funds
funds		 funds
to nearest £
to nearest £		 to nearest £
B1 Cash funds Current
552
0
Savings
0
Cash
0
552
0
0
Total cash funds
~~—====~~
OK
OK		 OK
Unrestricted
Restricted		 Endowment
funds
funds		 funds
Details to nearest £
to nearest £		 to nearest £
B2 Other monetary assets Fund to which
Cost
Current value
~~————~~
Details asset belongs
(optional)		 (optional)
B3 Investment assets Fund to which
Cost
Current value
~~—_—~~
Details asset belongs
(optional)		 (optional)
B4 Assets retained for the
charity’s own use		 Play equipment
Unrestricted
funds
Fund to which
Amount due
When due
~~——~~
Details liability relates
(optional)		 (optional)
B5 Liabilities
Signature
Print Name
Signed by one or two trustees on
behalf of all the trustees
Date of
approval
~~0~~
Martin Davies
28/03/2026
Funds Movement Schedule
Restricted Funds
0
0
Unrestricted Funds
7315
27627
34390
0
552
Total Funds
7315
27627
34390
552
Opening
Balance
Additions in
year
Payments in
year
Cross
Transfer
Closing
Balance
to the nearest
£
to the nearest
£
to the nearest
£
to the nearest
£
to the nearest
£
~~Ee~~

Notes to the accounts

Related party transactions

There were no transactions between the charity and its trustees or other connected persons.

Trustee expenses

No remuneration was paid to the trustees, nor were any expenses reimbursed to them during the year to 31/3/24 (2023: NIL).

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Cylch Meithrin Bancffosfelen members of

On accounts for the 1/4/23 to 31/3/24 Charity no period (if any) 1056399

Responsibilities and I report to the trustees on my examination of the accounts of the above basis of report charity for the period 1/4/23 to 31/3/24

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. The accounts have been prepared on a Receipts and Payments basis in accordance with section 133 of the act.

Independent examiner's statement

I confirm that I have the requisite skills and experience to conduct the Independent Examination for this charity to the standards required as set out in Appendix 5 of CC32. Although retired from practice as an accountant and as a member of a listed professional accountancy body, I continue to conduct a number of examinations on a voluntary basis every year. I also confirm that I am independent of the charity as set out in Direction 2 of CC32.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: Signed: 29/3/26 ~~oe~~ Name: Andy Moore ~~ee~~ Address: Blaenpentre, Swyddffynnon, Ystrad Meurig, SY25 6AW