2022-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2021 Period start date To 31/03/2022 Period end date

Charity name: Cylch Meithrin Cwm Gwyddon

Charity registration number: 1179067

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To provide quality pre-school provision for 2 to 4 year old children through the medium of Welsh, learning through play in a happy, secure environment. Following our conversion to a CIO, we were re-registered with CIW (Registration Number W15/00002159) as from 4 May 2020.
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 children’s wellbeing and happiness is very important to us. We endeavour to provide quality learning experiences for the children in a fun way. We help to support them and plan activities to meet their needs and development, encouraging personal and social development, looking after each other and promoting diversity. During the year the children have been very busy with their indoor and outdoor activities. They have enjoyed celebrations for Harvest, Diwali and many more cultural and seasonal celebrations. By way of example, the children made Diwali lanterns and had a lovely story about children celebrating the Diwali festival of light.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees confirm that they have had regard to the guidance issued by the Charity Commission on 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 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	The main achievement has been seeing the children happy, grow in confidence, and have lovely learning experiences during their time with us. Our staff worked hard and enjoyed helping children develop new skills and made sure the children’s wellbeing is a priority. The childcare offer has been very successful. The eligible children attend our sessions in the morning before we take them by walking bus to school on same site, where they have lunch (supervised by school) and later attend school nursery in the afternoon. The transition of our children from our setting to school nursery has been made as smooth as possible. Although there have not been as many opportunities to have face-to-face transition, we continue to work closely with the School in order to assist with transition. We look forward to continuing our excellent relationship with the School in the future.

Additional information (optional) You may choose to include further statements	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`	The Trustees regularly review the finances as part of the effective stewardship of the Cylch.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	A small amount is kept in reserve for expenses we may have. We do not have a formal policy on reserves. This is something we will look to introduce in the future.
Amount of reserves held	Para 1.22	None.
Reasons for holding zero reserves	Para 1.22	All income is applied to the charity’s purposes.
Details of fund materially in deficit	Para 1.24	Not applicable.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Not applicable.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	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 main source of funding are fees for children attending the setting. We provide the childcare offer and Tax- free childcare, which is very successful for parents and carers to be able to work, confident their children are happy and well looked after. We have received some grant funding to support specific projects / items of expenditure.
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

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	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 main source of funding are fees for children attending the setting. We provide the childcare offer and Tax- free childcare, which is very successful for parents and carers to be able to work, confident their children are happy and well looked after. We have received some grant funding to support specific projects / items of expenditure.
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

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	Charity 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	Appointment at Annual General Meeting (or Extraordinary General Meeting), with nominations by parents or carers.

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	Cylch Meithrin Cwm Gwyddon is a member of Mudiad Meithrin and works in partnership with Early Years Department of Childcare Caerphilly County Borough Council.
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charityname	Cylch Meithrin Cwm Gwyddon
Other name the charityuses
Registered charitynumber	1179067
Charity’s principal address	Cylch Meithrin Cwm Gwyddon c/o Ysgol Gymraeg Cwm Gwyddon Gwyddon Road Abercarn Gwent NP115GX

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)
	CraigGriffiths	Chair
	Cerian Sharp	Secretary and Responsible Individual
	Angela Davies	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

Funds held as custodian trustees on behalf of others

Description of the assets Not applicable. held in this capacity Name and objects of the Not applicable. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable. 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) Position (eg Secretary, Chair, etc) Date
	Craig Steven Griffiths
	Chair
	29/01/2023
	29/01/2023

Ich Meithin Cwm G ddon Income 3nd expendiiure Year ended 31st March 2022 Income Fees Grants Other 15.592.01 17,265 79 1.420 44 34,278 24 Expenses Salaries Supplies, equipment etc 30.282.C 3.85196 34,133 96 Surplus 144 28 ReconciliotJ¢M' Bonk movement Pettv C05h movement PAYE 365.78 510.06 144.28

(HARITY COMMISSION Independent examiner's report on the FOR ENGLAND WALES | accounts Sectlon A Independent Examiner's Report Report to th• trusie•sl ffl•M￿￿ of Cylch Merthnn Cwm Gwyddon On a¢¢ounts lor the year •nd¢d 3110312022 Ch•rity no lif anyl I 11?106? Stt out on pag•• I feport lo Ihe Iruslees on my examination of the accounts of the above chanly(l￿ Trust'l for th8 year ermled 3110Y2022. As the chantys truslees. you are responsible lor the preparation of the a¢¢ount$ In aCc￿dance wnth the requifem&nl$ of the char￿￿5 Acl 2011 I'lhe Act" R•sponsibililie 4nd ba$1$ ol r•port I report m resFCt ol my examinatK￿ ol the Trusl's attounls carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the apFlicable Dicodions 94ven by the Chanty Commissi¢Jn under seCt￿n 1451Sllbl ol the Acl Independent •xamln•r's statemont I have completed my examination l ¢onfim) that no malenal matters have me to my attent￿)fi in ￿nneC110n wlh the examination lother than that disclosed bel¢)w"I vknich gives me cause lo believe Ihat In, any malenal respect Ihe •ccountiThJ records were nol kept In a￿￿8r￿ with section 130 ol the Charilies Ad. or Ihe accounts not accord with Ihe accounting records, Of Ihe accounts not ¢omply vnlh the applicable reqU1￿ments rKerning Ihe fom and conlent ol accounts set out In Ihe Charities (Accounts and Reporisl Regulations 2008 other ihan any requirement thal the ac¢ountS 9Ne a llrue and fair. view whi¢h Is nol a matter consKlere(l as part ol an Independenl examination 5 have no concems ond have come across no other matters In connection wrth the examinalion lo which atiention should be drawn In this report In ordef lo enable a woper understanding ol th& a¢¢ounls Its be leached. . Ple85e delele the WOfd$ In Ihe brackets rflhey do nol 8ppIy Slgned: Dat•: 2111212022 Name: Lucy Wllis Relevant professional qualification{sl or body lif any): ACCA Address: Unrt C. 271-273 High Street IER Oct 2018

BlackwoL*Y NP12 1AW Seclion B Disclosure Only complele Il Ihe examinei needs lo highlight maieiial maller5 01 concern Isee CC32. IndeperKlenl examination of tha(ity aCCQLrnls d1￿CtionS and gu￿anCe examiners) Glve her• brief delalls of any items that Ihe ex8min•r wlshes to dlsclos• IER Oct 2018