REGISTERED COMPANY NtJMBEiL. 03606936 (Ingland and Wales) REGISTERED CHARITY NUMBEIL. 1081698 REPORT OF THE TRUSTEES AI UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR CLWB GOFAL MES Y DDERWEN Clay Sl)aw Butler 24 Larnrn Street SA313AL
CLWB GOFAL MES Y DDERWEN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Pe Report of the Tru8te I to 2 Independent Exanthierl8 Report Statement of FIne11 Acttvld B21xnee Sheet 5 to 6 Iyotss to the Flnanelal Statement8 7 to 11
CLWB GOFAL MES Y DDERWEN REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees who arc also directOTS of the charity for the purposes of the Companies Act 2006. present their rert with the financial statements of the charlty for the year ended 31 MaTch 2024. The trustees have adopted the provisiolls 0£ Accounting and Reporting by Charities.. Ststement of Recommded Practice applicable to clwlties prepaTiD8 their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (effective l JUary 2019). OBJECTIVES AND ACTIVTfiES ObjeetlveB and almB The objects of the CIWO are to provide child oar¢ through the medium of We18h for the pupi18 of Ysgol y DdeL ACHIEVEME AND PERFORMANCE The CIVA) continues to provide child care facilities at Y8gol y Dderwen on WeeY8 between the houTh of 7.45 ui to .45 Lm and 3.15 pan to 6.00 p.m during term tinw and from 8.00 Lm to 6.00 p.m during school holidayB. The Clwb provides several benefits to the children during every se8810 in ternJ8 of the availabihty of 8aine8, SPOrt8 equiprnenL arts È)xl cr8fis and healthy refresbments. The CIVA) has wothd c108ety with tho scIOL 84)portin8 Staffing stnwttires and en8Ur1 that We18h medivm pmvi6ion and continuity of kngh 8tandard8 ts maintsd aGro89 the 8its. Th¢ CL is ¢omnlltted to h¢lping and supporting th¢ school and its pupII8. FINANCIAL REVIEW FlngnelAI poiltlon At 31 Mh 2024 the Charity had total re8erve8 of £165,743 all of wthich were free re8¢rves. The Charity does not have any restsicted fund6. All of its Incon expetrlllure, a88¢ts and during the year were Princlpal fundlng iourc The principal fLmding resource are ftes charged to parents for cbild care. Expenthture. pknich comprbe8 mainly salari¢8, supports the key obje¢tive by providing a Safr and familiar envirOJmt for the children. Regervei poll¢y Sufficient fi8 are kept in rnerve to enable tILe charity to wntinue in operntion forup to tbrce months in the event of a 8]]ficallt fall in income. FUTURE PLINS It 18 tb¢ aim of the trustec8 to ¢ontinue to provide WArKllettt after h0o1 care for the children of Y8801 y Dd¢rwe STRUCTURE, GOVERI¥4ANCE AND MANAGEME Clwb Gofal Meg y Dderwell ("tILe Clwb.) is a company limited by 8uaranttt incorporated on 12 November 1998, and governed by its Mvmorandum and Articles of Association. The Board of Trnstees meet t¢nnly. REFERENCE AND ADMllYISTRATIVE DETAI[3 Regljtered Conwany number 03666936 (En8land and Wales) Regtstered Charity nujnber 1081698 Page I
CLWB GOFAL MES Y DDERWEN REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Registered office Ysgol Y Dderwcn Heol Sputrell SA31 ITG TruBtee8 M8 C Davies (resigned 31.12.23) Ms A Davies School Sec Ms E Edwards Teac1/depllty Head Mr D W Evans HeMSter Ms L D Jones TeaC1r1depllty Head Ms S M Roberts Teacbing A8SiStant (resigned 31.12.23) Company Secretary Ms A Davies Independent Exanthier Mark Jones FCA Clay Shaw Butler 24 Lammas Street SA313AL Approved by orth of the board of th18*e8 on .. and 8i8ned on its beha]f by. Ms A Davie8 - TnLstee PaE¢ 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLWB GOFAL MES Y DDERWEN IndependeDt examlner's report to the trmtees of Chyb Gofal Me8 Y Dderwen Cthe Company,) I report to the charity trustees on my examinthon of the accounts of the Company for the year ejthd 31 March 2024. RespoD8lbllltlu and b8818 of report As the ¢harity8 trnstees of the Compw (and also its director8 for the purposes of rjjmpaoy law) you are responsible for the preparation of thc accounts in accordHnce with the requirements of the Coroallie8 Act 2006 Cthe 2006 Act?. Having satisfied myself that the accounts of the Con4Mny are not required to be r4udited und¢r Part 16 of the 2006 A and are eli8iblc for indepKndent ex4TnitiO4 I report in re8pect of my c1]tIOn of yow choritys aLYoullts as carrled out under Section 145 of the Charities Act 2011 Cthe 2011 ACV). In carrying out my examition I have followed the DirectioD8 given by the Charity Cojnmission under Sectiott 145(5) (b) of the 2011 Act. Independent ¢xanthier'i itstement I hav¢ conwleted my examinOn. I confirm that no matters have come to my attention in connection with the examination giving cause to beli¢ve: accowitin8 records WEr¢ not kept in respect of the Compally as required by S¢¢tion 386 of the 2006 Act: or the accounts do not accord with thcw record4. or thc accounts do not comply WAth the mUnting rwirewts of Section 396 of the 2006 Act other than any requirellrt that the wcounts 8ivc a true and fair view which 18 Jwt a matter ¢on8idered a8 part of an indep¢tht exan]ination' or the arrouDts have not been prepared in aLwrdance with the methods and principles of the Statoment of Re¢ommethd PrarA1 for aCcOting and reporting by clMriti¢8 (applicable to charities preparing their a¢¢ounts in accord¢¢ with the Financial Reporting Stand8rd appli¢abk in the UK and Ryb]ic of Irdand (FRS 102)). I have no concern8 and bav¢ come across no other matter8 iti ¢onne¢tion with the exaMItion to whAch attention 8hould be dravrn in this report in order to enable a proper under8tanding of the acoounts to be red. Mark Jone8 FCA Clay Shaw Butler 24 Lwnn7as Street C8rniarthen SA313AL Pa8e 3
CLWB GOFAL MES Y DDERWEN STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 Unre8trActed 31.323 Notes INCOME ALYD Ei¥4DOWMENTS FROM Charltable 3edvltleB ChildGare 108,538 105.134 Invc9tment income 2295 280 Totsl 110,833 105,414 EXPENDITURE OLY Charltsble acdvltlei ChildGare 82.878 72,402 NET INCOME 27.955 33,012 RECONCILIATION OF FUF4DS Total fill5 brought forward 137,788 104,776 TOTAL FUNDS CARRIED FORWARD 165.743 137,788 The notes forny nf these financial slatements Pag¢ 4
CLWB GOFAL MES Y DDERWEN BALANCE SHEET 31 MARCH 2024 31.3.24 UtwestrACted 31.3.23 Totsl FIXED ASSETS Tangibl¢ a83ets 100 CURRENT ASSETS Debtors Cash at bank 5.638 170.135 5,694 138,548 175,773 144.242 CREDoRs Amounts falling due within one year (10.030) (6,554) NET CURRENT ASSETS 165,743 137.688 TOTAL ASSETS LESS CURRENT LIABILITIES 165.743 137,788 ET ASSETS 165,743 137,788 FL'NDS Unrestricted funds 10 165,743 137,788 TOTAL FUNDS 165,743 137,788 The charitable company IB entitled to exetnption from audit urthr Section 477 of th¢ compani Act 2006 for the year ended 31 March 2024. The memE¢rs have not rcquired the company to obtsiti an audit of its fill1 stat¢m¢nts for th¢ yeor ended 31 MarGh 2024 in accorda¢ with Section 476 of the Companies Act 2006. The tru6t¢es acknowse their re8pon8ibilities for (a) ensuri that the charitable compw knps accounti re[d& that romply with Sections 386 alld 387 of the Compatiies Act 2006 and (b) preparing financial statements which give a and fair view of the slate of affairs of the clwAtable company 8t the end of eath financial year and of its sury>lus or deficit for each fIDan¢i Y in accordance with the requiren of Sections 394 395 and which otlmwise comply with the requireme of the Cowies Act 2006 relatin8 to finallc1 8tatementg, 80 far applicable ts) the charitable ConanY. Page 5
CLWB GOFAL MES Y DDERWEN BALANCE SHEET - continued 31 MARCH 2024 These flnanci statements have been prepared in accordance with the prnv1sio applicable to clmritsble companies subject to the small companie8 Tegime. The cial statements were appmved by the Board of ThJstee8 attd authori8ed for i88ue and were 8igned on its bebalf by. u 01 6cfits.TRvstsg Page 6
CLWB GOFAL MES Y DDERWEN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES BASIS OF PREPARllYG TBE FLYANCIAL STATEMENTS Thc financial 8tatemets of the Qbaritable company. which is a pub]ic benofit entity under FRS 102. have been pr¢pared in ¢0[danCe with the ChaTiti&8 SORP (FRS 102) 'AccountiDg and Rwrting by Charitie8: Statement of RecOmed Prnctice applicable to charities prepari their a¢¢ounts ill accord with the FillAla1 Reporting Standard applioable in the UK and Rryublic of beland (FRS 102) (effective l Jantwy 2019),, Financial Rq)orling Stanaard 102 The Finwial Reportsng Staudard appIlble in the UK and Rryublic of Ireland, and the CoD)panie8 Act 2006. The fjnancial statements have been prepared under the historical cost convention. COME All income is reco8ni8ed in the Statem¢llt of Financial Activitie8 once the chlty ha8 ¢ntideDJellt to the fimd8, it is probable that the Inco will be received and the amount oallbe mea8ured reliably. EXPENDITURE Liabilitie8 pxe recogni8ed a8 expenditure as soon as there 18 a legal or constnictive obligation con)mAtting the harity to that expenditure. it is probable that a trfer of economic benefits vrill be required in settlement and the amount of the oblxgation can be measured r¢liably. Expenditure 18 accounted for oll an aCCn basis and has becn claLfied under headings that aggregate all oost related to the category. Where costs cannot be dirtlY 8tiribu*d to particular headings they have been allo¢ated to activities on a ba818 ¢onsisten¢ with the use of re8ources. TANGIBLE FIXED ASSETS Depreciation 18 provid at the followin8 annual rates in order to write off each asset over its e81imated usefi life. Fixtur¢s and fitting8 33.33% on rost TAXATION The ¢barity 18 eMpt from corporation thx on its charltable activAtie8. FUND ACCOUNTllYG Unrestrlcted funds Can be u8ed in accordanre with the charitable objectivu at the di8cretion of the tThtrt8. Restricted funds can onty be u8¢d for particular restricted purposes Wlthill the objects of the ch8rlty. R¢8trictionB arise when specified by the donor or WIM funds are raiged for Parti restricted purp08e& Further eXpltiOn of the nattwe ond pw)08e of each fi]nd AS included in the notes to the financial staterne. PEYSIO]Y COSTS AND OTHER POST-RETIREMENT BENEFITS The charitable company operate8 a defined contrlbution pension gchome. ConthbutiOD8 payable to the charitable ¢ompangs PeJL8ion stheme Are chaz8ed to tbe Staterne of FInla1 ActiVAtiu in the period to which theyrelat FINANCtAL INSTRUMEIYTS Thc Ghatity only bas financial as8ets and financial liabl]e8 of a kind that qua]ify a8 basic fin8ncial 1nslnmts. Basic fin1&1 inslnttlle are initially recognised at traD5action value and 8Lthsequently meawr¢d at their settlement value. Page 7
CLWB GOFAL MES Y DDERWEN NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 INVESTMEIYT llYCOME 31.3.24 31.323 Deposit account interest 2.295 280 F4ET INcOME1XPENDTrURE) Net incomel(expendith) is stated after Charn(Crediting). 31.3.24 31.3.23 Depreciation. owned a58ets 100 100 TRUSTEEST REMUNERATION AND BENEFITS Tlwe were no Inte¢s, [emuOll or other benefits for the year ended 31 Mar¢h 2024 nor for the year ended 31 March 2023. TRUSTEES, EXPENSES There were no trustees, expenses paid for the year ended 31 Ma 2024 nor for the year ejthd 31 March 2023.. STAFF COSTS 31.3.24 31.3.23 Wages and salaries Other pensxon ¢08ts 70.929 288 61 J71 174 71,217 61,745 The Tntee8 are the Key Manag¢m¢nt Per80nDel. The Tru8tee8 did not receive any remune0 in the year ended 31 March 2024 or the prior year. The average monthly number of ¢mployees durin8 the year was as follows: 31.3.24 18 31.3.23 16 Childcarc No employees received en]olunKnts in ¢x¢es8 of £60,000. Page 8
CLWB GOFAL MES Y DDERWEN NOTES TO THE FIIYANCIAL STATEMENTS - CODtinued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR THE STATEM OF FINANCIAL Acrns Unrestricted NCOME AND ENDOwmEs FROM Charltable aclfvltl Childcare 105,134 Inve8lment income 280 Totsi 105,414 EXPENDITURE ON Charltydble acllvltle• Childcare 72,402 NET llYCOME 33,012 RECONCILIATION OF Fi]NDS Total fulld8 brought fonvard 104,776 TOTAL FUNDS CARRIED FORWARD 137,788 TANGIBLE FIXED ASSETS FixttllT8 COST At l April 2023 and 31 March 2024 6,659 DEPRECIATION At l April 2023 Charge for year 6.559 100 At 31 March 2024 6.659 NET BOOKVALUE At 3 l March 2024 At 3 l March 2023 loo Page 9
CLWB GOFAL MES Y DDERWEN NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 DEBTORS: AMOUNTS FALLllYG DUE WITHIN ONE YEAR 31.324 31.3.23 Trade debtW3 Prepayments and ac¢nd iticome 5,35 287 SJ87 307 5,638 5.694 cREDORS. AMOUNTS FALLllYGDUE wrrHIN ONE YEAR 31.3.24 31.3.23 Social security and Ot1 t8XCS Other ¢reditOTS 2,168 56 7,806 116 6,438 10,030 6,554 10. MOVEMENT IN FUNDS Net At 1.4.23 in fimdB 31.3.24 Unmtrlctsd fund8 General fimd 137,788 27.955 165,743 TOTAL FUNDS 137,788 27,955 165,743 Net movement in fimd8, included in the above are as follows: Unrestrlcted fuDd8 Genernl fund 110.833 (82,878) 27,955 TOTAL FUNDS 110.833 (82,878) 27,955 Page 10
CLWB GOFAL MES Y DDERWEN NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 10. MOVEMENI IN FUNDS - conthiued Comparativ¢¥ for movement ill funds Net At 1.4.22 31.3.23 Unre¥trlcted foud$ General fund 104,776 33,012 137,788 TOTAL FUNDS 104.776 33,012 137,788 Comparative net movement in fimds, included in the alx)ve are a8 follows: Unmtrleted fun 105,414 (72,402) 33,012 TOTAL FUNDS 105.414 (72,402) 33.012 11. RELATKD PARTY DISCLOSURES There were no related party frnnsactions for the Ye ended 31 Marth 2024. Page 11