## **Trustees’ Annual Report for the period** **From 01/04/2021 Period start date To 31/03/2022 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 its 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|| - 2 - **CYLCH MEITHRIN TREFEURIG** |set||| |---|---|---| |Investment performance
against objectives|Para 1.41|| |Other||| - 3 - **CYLCH MEITHRIN TREFEURIG** ## **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|**£62,710**| |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||| - 4 - **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 - 5 - **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| ||| - 6 - ## **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** - 7 - CYLCH MEITHRIN TREFEURIG ## **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** - 9 - CYLCH MEITHRIN TREFEURIG io- **CYLCH MEITHRIN TREFEURIG** ## **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 - 11 - **CYLCH MEITHRIN TREFEURIG** **Company Registration No. 08322665 (England and Wales)** **CYLCH MEITHRIN TREFEURIG ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022** - 12 - ## **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 2022** **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 - 13 - **CYLCH MEITHRIN TREFEURIG** SY23 3EH **Accountants** PJE Accountants & Advisors 23 College Street Lampeter SA48 7DY **(COMPANY NO: 08322665 ENGLAND AND WALES)** ## **DIRECTORS' REPORT** The directors present their report and accounts for the year ended 31 March 2022. ## **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; - 14 - ## **CYLCH MEITHRIN TREFEURIG** - 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 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 2022 ## **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 2022** 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 2022 as set out on pages 6 - 10 from the company's accounting records and from information and explanations you have given us. - 15 - ## **CYLCH MEITHRIN TREFEURIG** 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 loss of Cylch Meithrin Trefeurig. You consider that Cylch Meithrin Trefeurig is exempt from the statutory audit requirement for the year. 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 21 December 2022 ## **INCOME STATEMENT** ## **FOR THE YEAR ENDED 31 MARCH 2022** ||**2022**|**2021**| |---|---|---| ||**£**|**£**| |**Turnover**|76,012|52,83| |||2| |Administrative expenses|(80,123)|(69,99| - 16 - ## **CYLCH MEITHRIN TREFEURIG** |**CYLCH MEITHRIN TREFEURIG**||| |---|---|---| |Other operating income
**Operating (loss)/surplus**
Interest receivable and similar income
**(Loss)/surplus on ordinary activities before taxation**
Tax on (loss)/surplus on ordinary activities
4
**(Loss)/surplus for the financial year**||0)
2,001
41,55
4
(2,110)
24,39
6
101
4
(2,009)
24,40
0
-
-
(2,009
)
2
4
,400| |||| |||| - 17 - ## **CYLCH MEITHRIN TREFEURIG STATEMENT OF FINANCIAL POSITION** ## **AS AT 31 MARCH 2022** |**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**||**2022**
**2021**
**£**
**£**
23,499
23,49
9
12,874
7,17
3
37,355
36,60
3
50,229
43,77
6
(11,018)
(2,55
~~6)~~
62,710
64,7
19
6
2
,710
6
4
,719
3
9
,211
4
1
,220
6
2
,710
6
4
,719| |---|---|---| For the year ending 31 March 2022 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 2022 and were signed on its behalf by - 18 - **CYLCH MEITHRIN TREFEURIG** Shan James Director Company Registration No. 08322665 ## **STATEMENT OF CHANGES IN EQUITY AS AT 31 MARCH 2022** |At 1 April 2020
Proft for the year
At 31 March 2021
At 1 April 2021
Loss for the year
At 31 March 2022||**Share**
**capital**
**£**
-
-
-||**Profit**
**& loss**
**account**
**Total**
**£**
**£**
40,319
40,31
9
24,400
24,40
0
64,719
64,71
9
(2,009)
(2,00
9)
6
4
,71
9
6
4
,71
9
6
2
,710
6
2
,710| |---|---|---|---|---| |||||| |||||| |||-||| |||||| - 19 - **CYLCH MEITHRIN TREFEURIG NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2022** ## **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. |**6**|**Debtors**|**2022**|**2021**| |---|---|---|---| |||**£**|**£**| ||**Amounts falling due within one year**||| ||Trade debtors|12,874|7,173| ||**_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**| |---|---|---| |||**£**| - 20 - **Cost or valuation** At 1 April 2021 ## **CYLCH MEITHRIN TREFEURIG** |**CYLCH MEITHRIN TREFEURIG**
|| |---|---| |**Cost or valuation**
At 1 April 2021|At cost
23,499

| |At 31 March 2022
**Depreciation**
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021|23,499
2
3
,49
9
~~2~~
3
~~,49~~
9
-| ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022** |**7**
**Creditors: amounts falling due within one year**
Taxes and social security
Other creditors
Accruals|**2022**
**2021**
**£**
**£**
9,408
94
4
-
52
1,610
1,56
0
1
1
,018
2,556| |---|---| ## **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 (2021: 8). - 21 - ## **CYLCH MEITHRIN TREFEURIG DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022** This schedule does not form part of the statutory accounts. |**Turnover**
Fees
**Administrative expenses**
Wages and salaries
Staf training and welfare
Light and heat
Cleaning
Telephone and fax
Stationery and printing
Insurance
Equipment expensed
Repairs and maintenance
Sundry expenses
Accountancy fees
Other legal and professional
**Other operating income Operating (loss)/profit**
**on ordinary activities before taxation**
Government grants
Interest receivable
(2,00
)||**2022**
**2021**
**£**
**£**
76,012
52,8
32
67,204
53,6
96
473
-
462
572
288
506
250
246
100
132
2,464
2,11
0
3,089
117
3,996
11,1
78
434
315
1,153
1,08
3
210
35
**Interest receivable (Loss)/profit**
2,001
41,554
101
4
8
0
,123
6
9
,990
(2,110
~~)~~
2
4
,396
2
4
,400| |---|---|---| ||9|| |||| - 22 -