Cylch Meithrin Cei Newydd, Y Caban, Cae Arthur, Cei Newydd, SA45 9QF
07510267887
Cmceinewydd1@gmail.com
Minutes of meeting held:
Present: Holly Beachamp, Kerry Ann Jones
Treasurer’s report: Kerry Ann reported that the nursery balances on the 31[st] March 2023 was £14,062.59 in the main account. The reserve account currently has no balance. The nursery for a third year was able to secure additional funding to help further improve the nursery environment but also help the nursery accounts. Numbers at the nursery remained steady and saw no real increases did slightly decrease in the Spring term due to higher number leaving at Christmas. Income compared to the last tax year has improved by £2467.19 from the last tax year but the salary costs have risen significantly by £30,922.71 contributing to the loss made. Kerry-Ann and Holly agree to take a look at where we can make savings with wages to help keep the cost down but also look at increasing fees.
Other News:
A new kitchen has been installed in the Cylch and we are happy with the results much more storage and cleaner. We are now looking to source new toilet facilities but struggling to find a provider and one to come in on budget. We also are looking to have new windows installed and currently awaiting quotes for this.
We are still awaiting more information on the ground the cabin sits on after a site visit also involvement from solicitors. No further news.
Cylch is still awaiting it’s EYSTN inspection and staff are being supported by the Mudiad Meithrin and the Local council Education Advisor in order to ensure we are meeting the standards required. Staff are working hard on their professional development and enhancing the environment.
Cylch has overcome one major concern that the local council was to remove the educational funding from the Cylch to the school after lots of meetings and support from the local community the Cylch no longer faces this threat. The Cylch is very grateful for the local support.
Summer club was a great success this year turning a healthy profit, although this did throw up some questions quality of staff and recruitment as well as the
07510267887
Cylch Meithrin Cei Newydd, Y Caban, Cae Arthur, Cei Newydd, Ce News” SA45 9QF suitability of mixing the age groups
Cmceinewydd1@gmail.com
it has been suggested next year, we approach Bro Sion Quilt to with the possibility of running from there.
Any other business: None
Signature and Date
Kerry Ann Jones
Holly Beauchamp (Arweinydd/Leader)
27/01/24
Cylch Meithrin Cei Newydd,
Y Caban,
07510267887
Cmceinewydd1@gmail.com
Cae Arthur, Cei Newydd, SA45 9QF
## **Overview of Annual Income and Outgoings**
## **Chairperson and Treasurer: Kerry Ann Jones**
## **Nursery Leader: Holly Beauchamp**
## **1[st] April 2023 – 31[st] March 2024**
**Balance 1[st] April 2023: £14,062.59**
|**Receipts**||
|---|---|
|**Goods bought and used**|**£8049.99**|
|**Staff costs and wages**|**£75,292.98**|
|**Travel costs**|**£0**|
|**Rent**|**£0**|
|**Repairs, maintenance and office**
**costs**|**£10,170.67**|
|**Advertising and Entertainment costs**|**£247.80**|
|**Bank charges**|**£20**|
|**Debts written off**|**£0**|
|**Account and professional fees**
**insurance by Mudiad Meithrin**|**£681.80**|
|**Other expenses**|**£0**|
## **Total expenses: £94,463.24**
Cylch Meithrin Cei Newydd,
07510267887
Cae Arthur, Cei Newydd, SA45 9QF
Meit, ke Y Caban, -- hy
Cmceinewydd1@gmail.com
## **Turnover total including the following:**
**Childcare fees**
**Grants Mudiad Meithrin**
**Flying start funding**
**Funding 30 Hours**
**Educational 10 hours funding**
**Fundraising**
**Total income: £88,062.58**
**Loss made in tax year: £6400.66**
**End balance March 31[st] 2024: £7,176.74**
r7]., J2