2024-03-31-accounts - Cylch Meithrin Ifor Bach

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Trustees’ Annual Report for the period

From April 2023 Period start date To March 2024 Period end date

Charity name: Cylch Meithrin Ifor Bach

Charity registration number: 1174997

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	A charity that gives young pre-school children in Wales the opportunity to benefit from early years education and experiences through the medium of Welsh.
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	Cylch Meithrin Ifor Bach is a Welsh medium pre-school and wrap around service based on the site of Ysgol Ifor Bach in Abertridwr. We are registered as a Charitable Incorporated Organisation and are a ‘not for profit’ organisation. We offer services to families that can access Flying Start, Childcare offer Wales and for private fee paying enabling parents to return to work if they wish. We provide childcare through the medium of Welsh for families in the Ysgol Ifor Bach catchment area.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Yes

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

SORP reference If there are suitable grants available, then the committee will apply for these. Para 1.38 Policy on grant making

Para 1.38 Policy on social investment including program related investment The trustees of the Management committee are all volunteers. Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	We focus our work on improving the life chances for the children in our care. We serve an area in South Wales that includes some of the most disadvantaged children in Wales. We do this in several ways including by introducing the Welsh language to children who come from non-Welsh speaking families. We know that giving these children the advantage of being bilingual will greatly increase their chances of employment when they later become adults and that introducing a new language during the preschool years is the most efectve method of introducton. We also work closely with the Local Authority to ensure staf atend training courses that upskill our staf to provide high quality provision enabling us to put early interventons inplace for individual children. We

assess and plan our activities so that we can identify areas of need and put in place preventative work to support the children’s progress. We provide individual support for targeted children who are referred to us by the Local Authority.

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 set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	£42,945.07
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We aim to have 6 months worth of costs in reserve.
Amount of reserves held	Para 1.22
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	Children’s fees for the services provided either through Local authority/Welsh Government Funding for Flying Start or Childcare Offer or private fee-paying parents.
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	Numbers of children attending dropped due in part of the year when the school offered full time nursery.

Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation
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	Trustees are elected annually and adopt the constitution.

Additional information (optional)

Additional information (optional)	Additional information (optional)	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	Regular meetings held with the trustees and guidance given through Mudiad meithrin Officer
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	There are employees led by a leader who report to a board of trustees, whom include a voluntary responsible individual. They work closely with Caerphilly Council and Mudiad Meithrin.
Relationship with any related parties	Para 1.51	Member of the Umbrella Organisation Mudiad Meithrin

Other

Reference and Administrative details

Charity name	Cylch Meithrin Ifor Bach
Other name the charity uses
Registered charity number	1174997
Charity’s principal address	Ysgol Ifor Bach, Windsor Way, Abertridwr, Caerphilly, CF83 4AB

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Delyth Williams	Trustee	September 2023 Finished
Joanne Lewis	Trustee
Daniel Taylor	Trustee
Faith Northam	Trustee
Leonna Williams	Trustee
Sarah Leigh	Trustee	September 2023 Started

– 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

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

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Mali Tipping Position (eg Secretary, Treasurer Chair, etc)

Date 28th November 2025

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Sarah Leigh

Position (eg Secretary, Chair Chair, etc)

Date 28th November 2025

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Cyfrifon Cylch Meitherin Ifor Bath On accounts for the year ended 31 March 2024 Charity no (If any) 1174997 Set out on pago8 I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charrties Act 2011 he Act.). I report in respect of my examination of the Trust's arxounts carried out under sedion 145 of the 2011 Act and in cgrying out my examination, I have followed all the applicable Directions given by the Charity Commission under secaion 145(5)(b) of the Afl. Indepondent I have comwed my examination. I confim that no material matters have examinorfs statemant come to my attention in connedion with the examination which gives me cause to believe that in, any material respect: the accounting records were kept in accordance with section 130 of the Chanties Act.. or the accounts did accord wtlh the accounting re¢ords,' or the accounts did comply with the applicable requireménts conceming the fom and content of accounts set OLrt in the Charities (A¢unt5 and Reports) Regulations 2008 other than any requiremenl thal the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have not c(Mne across other matters in connection wrth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned: Dato: 2111012025 Name: Teresa Preston Relevant professional qualificatlon(s) or body Irf any): Address: Suite 2B GIF. De Clare House 4 Sir Afred (Xven Way. Pontygwindy Ind Est Caerphilly CF83 3HU

Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of tharty accounts: directions and guidance for examiners). Give here brief dotails of any items that the examiner wishes to disclose. There corrtinues to be a lack of fomial trustee meetings and over reliance on individuals with the Chair and Se(Tetary having been in position longer than is set out in the Constitution. However. bank statemerrts provided support the spreadsheets maintained and payroll reports confimi the wages paid this year there were also adequate records to enabl8 the vouching of chosen transactions. The only recommendation is that more care is taken over the retention of till rec8lPtslpurchase invoices. However, those missing were very low value and not considered to be an issue.

CYFRIFON CYLCH MEITHERIN IFOR BACH ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 li Income: Fees Flying Start Childcare Offer Other 8,177.90 36,258.00 12.262.50 24.00 56,722.40 Expenditure Net Wages PAYE Pension Rent Supplies Bins Telephone Mudiad Meithrin Professional Fees Tra vel 50,107.90 3,285.85 2,142.74 4,736.26 1,348.33 167.08 314.00 229.60 1,107.60 220.00 63,659.36 Net Deficit for Year 6 936.96 Opening Funds Less Deficit for Year Closing Funds 49,882.03 (6,936.96 42 945.07 Bank Balance Cash Balance Total Funds 42,945.07 42 945.07 H.TLFPLrn Chalr of mmittee Treasurerol Committe&