2021-03-31-accounts - Cylch Meithrin Trefeurig

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Trustees’ Annual Report for the period

From 01/04/2020 Period start date To 31/03/2021 Period end date

Charity name: Cylch Meithrin Trefeurig

Charity registration number: 1150403

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To promote pre-school education for children through the medium of Welsh in the Trefeurig area.
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	The Charity provides school time education for children from 2 to 4 years of age, as well as an after school club for children up to 11 years of age.
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 ensured that all of the charity’s activities have been for the public benefit

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
	Para 1.38
Policy on grant making
	Para 1.38
Policy on social investment
including program related
investment

CYLCH MEITHRIN TREFEURIG

Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference The charity continues to provide low cost high quality education for preschool children in the area, contributing towards Summary of the main Para 1.20 the educational goals of all children achievements of the charity, under it’s care. identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives	Para 1.41

CYLCH MEITHRIN TREFEURIG

set
Investment performance against objectives	Para 1.41
Other

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Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity has increased it’s reserves and now has a significant sum to reinvest to improve activities
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held for investment in equipment etc. for the needs of the charity
Amount of reserves held	Para 1.22	£64,719
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	The charity’s principal sources of funding are through fees levied and government childcare payments.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

CYLCH MEITHRIN TREFEURIG

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Memorandum and articles
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable company
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	New trustees are recruited from the parents of children cared for by the charity.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name Cylch Meithrin Trefeurig

CYLCH MEITHRIN TREFEURIG

	CYLCH MEITHRIN TREFEURIG
Other name the charity uses
Registered charity number	1150403 Company No: 08322665
Charity’s principal address	Y Caban Ysgol gymunedol Penrhyncoch Penrhyncoch Aberystwyth

CYLCH MEITHRIN TREFEURIG

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Andrew Curley
	HayleyThomas
	Nerys Lockyer	Chairman
	Robert Mills
	David Hughes
	Gwenan Price
	Lynwen Jenkins
	Shan James	Treasurer

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

CYLCH MEITHRIN TREFEURIG

Funds held as custodian trustees on behalf of others

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

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Nerys Powell Full name(s) Nerys Powell

Position (eg Secretary, Chair Chair, etc)

Date

16/01/2025

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CYLCH MEITHRIN TREFEURIG

Company Registration No. 08322665 (England and Wales)

CYLCH MEITHRIN TREFEURIG ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

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CYLCH MEITHRIN TREFEURIG ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company information	3
Directors' report	4
Accountants' report	5
Income statement	6
Statement of fnancial position	7
Statement of changes in equity	8
Notes to the accounts	9
Detailed proft and loss account	11
COMPANY	INFORMATION
FOR THE YEAR ENDED 31 MARCH
	2021

Directors

Nerys Lockyear

Shan James Llywelyn Evans Sara Gibson

Secretary Llywelyn Evans Company Number 08322665 (England and Wales) Registered Office C/O YSGOL PENRHYNCOCH ABERYSTWYTH CEREDIGION SY23 3EH Accountants PJE Accountants & Advisors 23 College Street Lampeter

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CYLCH MEITHRIN TREFEURIG

SA48 7DY

(COMPANY NO: 08322665 ENGLAND AND WALES)

DIRECTORS' REPORT

The directors present their report and accounts for the year ended 31 March 2021.

Principal activity

The principal activity of the Company is that of provision of childcare services.

Directors

The following directors held office during the whole of the period:

Nerys Lockyear

Shan James

Llywelyn Evans

Sara Gibson

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts

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CYLCH MEITHRIN TREFEURIG

comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

Shan James Director

Approved by the board on: 21 December 2021

ACCOUNTANTS' REPORT

Accountants' report to the board of directors of Cylch Meithrin Trefeurig on the preparation of the unaudited statutory accounts for the year ended 31 March 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cylch Meithrin Trefeurig for the year ended 31 March 2021 as set out on pages 6 - 10 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Cylch Meithrin Trefeurig, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Cylch Meithrin Trefeurig and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cylch Meithrin Trefeurig and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Cylch Meithrin Trefeurig has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cylch Meithrin Trefeurig. You consider that Cylch Meithrin Trefeurig is exempt from the statutory audit requirement for the year.

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CYLCH MEITHRIN TREFEURIG

We have not been instructed to carry out an audit or a review of the accounts of Cylch Meithrin Trefeurig. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

PJE Accountants & Advisors

23 College Street

Lampeter SA48 7DY

3 December 2021

INCOME STATEMENT

FOR THE YEAR ENDED 31 MARCH 2021

Turnover Administrative expenses Other operating income Operating surplus/(loss) Interest receivable and similar income Surplus/(loss) on ordinary activities before taxation Tax on surplus/(loss) on ordinary activities 4 Surplus/(loss) for the financial year		2021 2020 £ £ 52,832 30,61 2 (69,990) (89,33 5) 41,554 58,28 7 24,396 (436) 4 8 24,400 (428) - - 2 4 ,400 (428 )

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CYLCH MEITHRIN TREFEURIG STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2021

Fixed assets Notes Tangible assets Current assets 5 Debtors 6 Cash at bank and in hand Creditors: amounts falling due within one year 7 Net current assets Net assets Reserves 8 Proft and loss account Members' funds		2021 2020 £ £ 23,499 23,49 9 7,173 8,65 0 36,603 9,80 9 43,776 18,45 9 (2,556) (1,63 ~~9)~~ 64,719 40,3 19 6 4 ,719 4 0 ,319 4 1 ,220 1 6 ,820 6 4 ,719 4 0 ,319

For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2021 and were signed on its behalf by

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CYLCH MEITHRIN TREFEURIG

Shan James Director

Company Registration No. 08322665

STATEMENT OF CHANGES IN EQUITY AS AT 31 MARCH 2021

At 1 April 2019 Loss for the year At 31 March 2020 At 1 April 2020 Proft for the year At 31 March 2021	Share capital £ - - - -	Profit & loss account Total £ £ 40,747 40,7 47 (428) (428) 40,319 40,3 19 24,400 24,4 00 4 0 ,31 9 4 0 ,31 9 6 4 ,719 6 4 ,719

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CYLCH MEITHRIN TREFEURIG NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

1 Statutory information

Cylch Meithrin Trefeurig is a private company, limited by guarantee, registered in England and Wales, registration number 08322665. The registered office is C/O YSGOL PENRHYNCOCH, ABERYSTWYTH, CEREDIGION, SY23 3EH.

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Debtors	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	7,173	8,650
*Presentation currency*

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

4 Taxation

The Company enjoys charitable status and is therefore exempt from any liability to Corporation Tax.

5	Tangible fixed assets	Fixtures & fittings
		£

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CYLCH MEITHRIN TREFEURIG

CYLCH MEITHRIN TREFEURIG
Cost or valuation At 1 April 2020	At cost 23,499
At 31 March 2021 Depreciation At 31 March 2021 Net book value At 31 March 2021 At 31 March 2020	23,499 2 3 ,49 9 ~~2~~ 3 ~~,49~~ 9 -

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

7 Creditors: amounts falling due within one year Taxes and social security Other creditors Accruals	2021 2020 £ £ 944 16 9 52 - 1,560 1,47 0 2,556 1,639

8 Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

9 Average number of employees

During the year the average number of employees was 8 (2020: 10).

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CYLCH MEITHRIN TREFEURIG DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

This schedule does not form part of the statutory accounts.	This schedule does not form part of the statutory accounts.	This schedule does not form part of the statutory accounts.	This schedule does not form part of the statutory accounts.
				2021		2020
					£	£
Turnover
Fees				52,832		30,6
Administrative expenses						12
Wages and salaries				53,696		79,8
						68
Light and heat					572	364
Cleaning					506	448
Telephone and fax					246	380
Stationery and printing					132	936
Insurance				2,110		1,89
						5
Equipment expensed					117	815
Repairs and maintenance				11,178		1,74
						1
Sundry expenses					315	1,79
						2
Accountancy fees				1,083		1,01
						4
Other legal and professional					35	82
				6	,990	8 ,335
				9		9
Other operating income Operating profit/(loss) receivable Profit/(loss) on ordinary activities before taxation Government grants 2 4	,396 2 4	(436 ~~)~~ ,400	Interest (428 )	41,554
58,287
Interest receivable					4
8

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