2023-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2022 Period start date To 31/03/2023 Period end date

Charity name: CYLCH MEITHRIN BRYNGLAS Charity registration number: 1180083

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Cylch Meithrin Brynglas provide childcare for children between 2 and 5 years of age through the medium of Welsh. We also provide a wraparound service for the children attending the local Welsh school.
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	We provide a childcare service in Welsh to promote the Welsh Language and also the ability of a wraparound from the local Welsh school. We accept the childcare ofer, Child tax credit and we ofer Education spaces.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	All Monies raised by the charity has been spent on improving the service

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
Other

Llyfr Mawr Piws 2021

TAR (SORP102)

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 have provided a Welsh child care service for families including a wraparound service and educational spaces. We have kept in credit.

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	Had a stall at the Summer and Christmas Fayre at the local school doing lucky dip and tombola. Received Fundraising through AmazonSmile
Investment performance against objectives	Para 1.41
Other

Llyfr Mawr Piws 2021 TAR (SORP102)

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of March 2023 the Cylch were in credit of £47,535.77
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We aim to hold 3 months outgoings in reserve to pay. This would to pay wages and any other outgoings if needed.
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	 N/A Child fees Childcare 30hrs offer

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	 Child fees  Childcare 30hrs offer
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

Llyfr Mawr Piws 2021 TAR (SORP102)

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (constitution, trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post	Para 1.25	Committee election vote

Additional information (optional)

You may choose to include further statements where relevant about:	You may choose to include further statements where relevant about:	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 Brynglas
Other name the charity uses
Registered charity number	1180083
Charity’s principal address	Cylch Meithrin Brynglas Ysgol Gymraeg Bro Teyrnon Brynglas Drive Newport NP20 5QS

Llyfr Mawr Piws 2021 TAR (SORP102)

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Rachel Wakefield	RI
	Jacob Gale	Chair
	Rebecca Challingsworth	Trustee
	Isha Williams	Trustee

– 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

Llyfr Mawr Piws 2021 TAR (SORP102)

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

Llyfr Mawr Piws 2021 TAR (SORP102)

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) Lisa J Aylett Position (eg Secretary, PIC Chair, etc) Date 17/01/2024

Llyfr Mawr Piws 2021 TAR (SORP102)

Cylch Meithrin Brynglas C/o Ysgol Bro Teyrnon Brynglas Drive Newport NP20 5QS Mobile: [phone] Email: [e-mail]

– Financial Summary Report FY22

The following account summary for Cylch Meithrin Brynglas for the period 01/04/22 ~ 31/03/23 inclusive.

Financial Overview - FY22

Opening Balance	Opening Balance
Bank	£27,677. 18
Petty Cash	£166.39
Total	£27,84 3.57
Closing Balance
Bank	£47,488. 72
Petty Cash	£47.05
Total	£47,53 5.77
Income
Fees	£58,851. 35
Grants	£13,231. 36
Fundraising	£206.53
Other Income	£1,109.6 4
Total Income	£73,39 8.88
Expenditure
Wages	£35,715. 40
Pension	£540.77
Rent	£4,000.0 0
Maintenance
Other Expenditure	£13,450. 51
Total Expenditure	£53,70 6.68
Operating Proft
Total Income	£73,398. 88

Total Expenditure	£53,706. 68
Total Proft	£19,69 2.20
Operating Proft Percent	26.83%

This summary has been prepared by Lisa Aylett (Cylch Leader) on 15[th] January 2024

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trustees Cylch Metthrin Brynglas On accounts for the year ended March 2023 Charity no (rfany) 1180083 Set out on pages Iiemem)er to I￿￿￿￿e the paoe rt￿nber5 of adortional shee:.= I report to the trustees on my examination of the accounts of the above Charty (Yhe Trusy) for the year ended 31103 12023. Responsibilities and basis of report As the chanty's trustees, you are responsible for the preparation of the accounts in accordan￿ wtth the requirements of the chari￿.es Act 2011 (Ihe Act.). I report in resFect of my examinatton of the Trusfs accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have foll0v￿￿ all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examinèr's statement come to my attention in connection with the examination which gives me cause to believe that in. any material resped." the accounting ￿COrdS were not kept in accordance with section 130 of the Charities Act: or the accounts did not accord wrth the a¢￿UntIng records,. or the accounts did not comply with the applicable requirements ¢onceming the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair. view which is not a matter considered as part of an independent examination. I have no concems and have come aLYOSS no other matters in ¢onne¢tion with the examination to which attention should be drawn in this report in order to enable a woper understanding of the accounts to be reached. . Please delete the words in the brackets rfthey do not apply. Signed: Date: 30 January 2024 Name: Gemma Harris Relevant professional qualrfi¢ation($) or body (if any): ICAEW Address: 4 Risca Road, Newport, NP20 4JW

Section B Disclosure Only ccffiplete rf the examiner needs to highlight matenal matters of concem (see CC32, Independent examination of charrty accounts.. directions and guidan￿ for examiners). Give here brief details of any items that the examinerwishes to disclose.