Charity re94ststion number.. 1181239 MUNCHKINS AT YSGOL LLANBEDR TRusfEES' REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Phil Lovell Asscci3te5 L B¢r£h House Buslnets Centre Hen Ltsn Ruthin Denbighshi LL15 IP4A
MUNCHKINS AT YSGOL LLANBEDR Contents Page Trnstees, Repjrt Independent Examiner5 Report Statement of Finandal Acknviknes Statement of Finanaal Position Notes to the Financial Statnts The following pages do not form part of the statutory accou¢)ts.' Detslled Statement of nanCI AC¥¥tIeS 12
MUNCHKINS AT YSGOL LLANBEDR Trustees, Report Foy The Year Ended 31 March 2025 The trustees present theFr report and the flnandal Slat&ents for the year ended 31 March 2025. Objtttlves •nd Artlvltles Alm• and ObJ•ctlv•• Summary of the pu0¢ of the dwrfty as at out kn Its 4overnlng dotumentr. The object of the CIO Is to enhante the development 4nd e(14Kation of chIldn In Wales, for the publlc benefit. by encouraging parents to vnderstsnd and provlde for their needs through high quality childcare provlsion. The alm of Munchklns at Ysgol Uanbedr Is to provide oualty, a(ssIble full day care and ovt of sch1 chlldcare, offedng a range of play activitte5 in a welcoming atmosphere. Summary of the •Mln •ctlvltl•s In r•l•tlon to thome ptsrpos•# for th• puWl¢ b•n•fi¢ In p•rtl¢ul•r, the actlvltles. projects or ser¥lcts klefttlfl¢d In the account Munchkins is the on-site wrap around care provision for Ysgol UanWr. It eatsrs for chlldren age(J 2 yeats and upwards. It has the use of its own bullding and has ac£es5 to Sch( faalltses. 1rllJ1ng school meals and to excellent outdoor facllltles and school resources. The chlldren who attend also tske part In school tiVitIes, events and celebrattons which eases thelr transltion Into school at nursery age. Nunchklns provldes a playgroup. after-xhool and hollday ca. It provides a fadllty for chIldn living in a rurdl ar•a to have access to structured and Unstructu play actItieS and to socmllse and develop friendshlp 9roups. It beneflts farnllies In the area and strengthens communlty links in • rural area by provldlng care 1+e$ enabllrvJ ponts/Carets to a¢¢ess childcare provislon cbse to home. It SUPKWts Ysojl Uanbedr ty provldlng wrnp around chlld¢are to make tht school more attrnctyve to worklng parents. The trustees have pald due regard to guldance 14ued by the Chjrfjty Cornm1551on In deddln9 what OCYvlUes the charlty should undertakt. Publlc B•lfit Our servlces delSver publlt benefit In thè fdlowiry ways: I. supn9 chtldren s e•dy development Provldlng a safe, nurturlng envlronment that prtsmotes leamlng s1 skuls. and emotlonal w¢llbelng. - Offering oge4ppropriate educational artivities that support the Early Years FoUnd•tn Stsge (EYFS}. 2. Enèbling parents and Car5 to work or study Offerlng affordable childcare that allows parents to access employment. trnlnlng. or educatlon. 3. Stren9thenlng the local community Worklng In partnershlp with local scheols. lealth vlsltors. and community organlsotlons Olledng Information, SigFlPOStlng. and support to parents on chlld develownent and wéllbelnp. 4. Ensurlng aceesslbillty and fairness Fees are set at a level Intended to be Hffordable while ensurlng sustalnatslltty. No chlld Is exduJed on the basls of backgrouftd, abllity. or lamlly clrcumstances. The trustees are satisfled that the chjdty s activlties durng the vear have dlrtrtty hjrthered Its charftsble purposes and provided elear publlc beneflt in Ilne with stawtory requlfements. TPie trustees conflrm that théy have complled wtth the requlremÈnts Sedjon 17 of the Ch•rltes Act 2011 to have due regard to the Charlty Commlsslon s guldante on publlc benefiL Athl•vem•nt• •nd P•rfornwnc• M•ln Athhv•m•nts Munchklns at Ysgol Uanbedr was fomied In Detember 2018 to offer qualfjty. aetsIe prè-school, afttTrschool and hollday childcare and continues to provlde these facllltte5. Durlng the spring of 2024 Munthklns began to work with Denbighshlre County Counol Early Educatlon to prepare to provide Earty Education funded places to chlldren who tumed the in tyme to access 12.5 hours of hJnde(l educat49n In the summer term of 2024. From January 2026 the sethng has been registered with Denblghshlre County Counal Hying start. This allows the settlng to access Earty Educatyon grdnts in orrjw to Improve the learning environment and to become more sustalnable ond access mandatory training through the k>cal authority. Prepan9 to work wlth the local authority supported stsff to provlde an enhanced learning envlronment for the thlldren In their care to access a T3nge of qualrty resources. From April 2024 staff were fully prepared to enhance the provisknn of the chIldn across the settfrng and had bullt good w01ng relaOn$hI$ wlth Local Authority Eady Education. This supwrt has contlnued thwughout the financial year 2024- 2025 and wlll be further enhan through the Flylng Start $Che teyond the period covered by this report. ..CONTINUED Page I
MUNCHKINS AT YSGOL LLANBEDR Trustees, Report (continued) For The Year Ended 31 March 2025 Maln Achlvem•nts- c¥bntlnu M•ln obJectlve$ were: To engure compliance wlth co Inspectorate Wales and Charlty Comrnissh)n: The new trust have worked to ensure that the setting is compliant and remains 5ustslnable. To provide Eady Edvcation funded aceS within the setting. Following the end of the pe()d for the rrt thè settlng has Jolned the Denbighshire County Counol Ftylng Start scheme to enhaneè the provLslon for all children. To enhan the emilmnment.. resources have been up9rnded to provlde engagirvJ and knmulatjng aCtivltie5 for the children. Performn of fundraljlng •Ltlvltl•s •yalnst obJecYveJ set Managers and Twstees have provtded opportuwbityes to roise funds throughout the per1 ¢overed by the re[rL Fln•ncl•l R•vl•w R•r¥• Poll¢v To support Munchklns durlng a thallenging flnanclal pe0d the folk)wlng organtrSaonS made loan$ to MunChn$. Thls helped Munchwns to meet siaffino costs. As the Ilnandal Fothon of Munchktns ImprovJ, these funds We held In reserve, at 31.3.25. to be repaid when posslble.. Ysgol Llanbedr School fund.. £2000 Puddleducks All Day ca Ivale of Clwyd Federntkn'. Ysg05 TrdMnt}: £75OJ Arnount of reserves hela.. £9,500.00 Golng Conc•m Managers, Members and Trustees contSnue to work to keep the charlty contlnulng as a golng concèrn. We hove had support grants from Early Years Wales and local charwes t¢ help us to continue. TnJst•es/rnembers contlnue to rn15e funds and the posltlon has Improved. We contlnue to mgnltor Incomlng fees and st•fflng Costs to ensu that we maIn flnanclally vSable. Followlng the perlod covered by thls report, the setting slgned up to Flylng StarL whl¢h w511 further sustsln the settln9. Addltlonal Note Th• ch•rlty'i prlnclp41 ol lund¥ (Indudlng •ny fundrntslng) . Prlnclpal sources of funds.. Sesslonal fees pald dlrectly by parentslcarers. Welsh Government Chlld¢are Offer Employee Childcare Vouchers IE¢Jeftred/S¢>Jexul n National Savlngs PFMRC Payments - Chllijcare tax credlts Fundralslng ev•ntslGo Fynd Ma A deKrlptlon of th• prlwlp•l rl•k• ff•dno the ch•rlty . When the new trustees took over the CIO there Te no reserves aThJ thè chartty was runnlng at a loss, partly due to hlstorlc unpaid debts. TriJ£tees had to ensure that Income from fees, Welsh Govemment. etc covered Stsffing Costs. Support was provided by local grtnts and from the Vale of awyd Federatron of Ysgol Trefnant and Ysgol Uanbedr. The Responsible Indlvidual and Sett*ng Managers contlnue to wlth DenbI9hShl County Councll to provsde E&rlv Educatlon Sn the setttng, whlch has helped to sustaln the Seng In the future. strnctur•, Gov•rn•nc• •nd M•n•gem•nt Gov•rnlng Document Typ• of governlng document Trust deed Hgw 6¥ the chorlty conslltutedT ConstitutSon of a Charitable Incorpornted Organisailon (Aslation) Vollng membws other than Its charfty tnJstee5 Page 2
MUNCHKINS AT YSGOL LLANBEDR Trustees, Report (continued) For The Year Ended 31 March 2025 Trustee Selecllon M*thods Selettion of trustees by exlsUTrg board of trustees and memter5. As part of the CrUItsent prfftss, trustees provide deta$ of the skills and experieFKe whtch will be eSsenal to the role of trustee. Trustees are voted onto the board and this Is mrnuted. Trustees are provided with goveming dctumenvconstitutton aThJ finandal information. TraTrning will be offed as approprlate. eg. thikl protection, Prevent Duty training. Addltional Ilote Poll¢les arml procedures adoptsd fvr the Inductlon and tralnlng of trustees Munchkins at Ysgol Uanbedr is registered with Care Inspectorate Wajes ICIW} and complies with their statutory lIcY reqU5ments, notsbly Child Protect#)nlSafeguarding, Health and Safety. Anti-Bullying. Th• charlty's organlsational structure and vA(ler netvffjrk wlth whkh the tharity works Reglstered with Care Inspectorate Wa5 ICIW). Declsions made at Trustee/Mernber meetings. Day to day stsffing and pay decisions made by administrator and ReswsifrAe Individual along wlth Pdymll Admlnistrator. Trustees rnay be involved in more Complex decisions. Relationshlp wlth any related parll•s Afflliated wlth Early Year5 Wales. Roference aml Adminlstr•tlve D•tsl Mrs Angela Brereton - TnE5tee Mrs Susan Dick- Trustee r4rs Amy Marshall - Trustee Charity Number 1181239 Prfnclpal Address LLANBEDR CONTROLLED SCHOOL LLANBEDR DYFFRYN CLWYD RUTHIN LL15 ISU Independent Examoner Phil Lovell Assc(iates Ltd Phil Lovell Associate5 Ltd Birch House Business Centre Hen Lon Park Ruthin Denbighshire LL15 INA Munchkins at Ysgol Llanbedr Uanbedr Dyffryn Clwyd Ruthln Denbighshire LL15 ISU Page 3
MUNCHKINS AT YSGOL LLANBEDR Trustees. Report (continued) For The Year Ended 31 March 2025 The ttees. report was apptyjved by the boan1 of trustee5 and SIgr on its behalf by: Mr5 Susan Oick Trustee 28 January 2026 Page 4
MUNCHKINS AT YSGOL LLANBEDR Independent Examiner's Report to the Trustees of MUNCHKINS AT YSGOL LLANBEDR For The Year Ended 31 March 2025 E report to the trustees on my examlnaty.on of the aco)unts of MUNCHKtNS AT YSGOL LLANBEDR (the Trust) for the year ended 31 March 2025. Responslblllties •nd Ba$ ot Report the chaty trustees of the Trust ytyj are responsibFe for the preparatTron of the accounts in accordan with the requirements of the Chartties Act 2011 rthe ACVI. I report In respert of my examination of the Trusvs accounts carried out under $eLt 145 of the 2011 Att and In carrying out my examination, I have followed the applicable Directions given by the Chanty Comwnission under section 145(5){b) of the Act. Independent ExamIn$ Stateme I have completed my examinatson. I confirm that no material mattern have come to my attenon In conntion wlth the examination givlng me cause to be14eve that in any matenal respett". l. accounting record5 We not kept in respert of the T as requlred by secbon 130 of the Att," or I the accounts do not accord with those rtcords,. or 3. the accounts do not comply with the applicable requirements conceming the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any reqU1ment that the accounts grve a 'true and fair vlew. whlch is not a matter considered as part of an indepndent examination. I have no concerns and have come ècross no other matters In connettion with the examinatlon to whlch antr"0n Should be drawn in this report tn or¢ler to enable a prokr understandir¥J of the accounts to be reached. Magali Lovell-Pascal Ph¢1 Lovell Assodates Ltd 27 January 2026 Birch House Business Centre Hen Lon Park Ruthin Denbighshi LL15 INA Page 5
MUNCHKZNS AT YSGOL LLANBEDR Statement of Flnanclal Activities For The Year Ended 31 March 2025 2025 Unrestrlrted fund INCOME AND ENDOWMENTS FROM: Donatkjns and legacles Charltable attivities.. MUNCHKINS AT YSGOL LLANBEDR other tra¢Jlng attivlts.es Not•# 9.055 77,434 1,336 EXPE14DITURE ON: Raislng funds Charltable activIe5. Income MUNCHKINS AT YSGOL LLANBEDR 87.825 11.168) (86.1541 187,320} 505 NET ZNcoMe Nrr MOVEMENT IN F11140S REC014CIUAT1014 OF FUNDS: Totsi funds brought forward TOTAL FUNDS CARRXED FORWARD 505 15 505 Th notes on pages 8 to li fonn part of these flnandal statem•)ts. Page 6
MUNCHKINS AT YSGOL LLANBEDR Statement of Financial Positlon As At 31 March 2025 2025 funds FIXED ASSErs Tangible Assets li 1,962 CURRENT ASSErs Cash at bank and in hand 1,962 13,397 13,397 Creditors: Amounts F•lllng Due bvlthin One Year 12 {14,8541 NET cuRREP ASSETS (LIABXLTTIES) (1,4571 TOTAL ErS LESS CURREKf LfABILmES 505 NET ASSETS 505 FUNDS OF THE CHARTTY unstrIrted Funds 505 TOTAL FUNDS 15 505 On behalf of the board Mrs Susan Dick TNstee 28 January 2026 The notes on pages 8 to 11 form part of these flnanuai statements. Page 7
MUNCHKIP4S AT YSGOL LLANBEDR Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Inforni•tlon MUNCHKINS AT YSGOL LLANBEDR is a charitable incorporated organisation Wiste with the Charity Commission registered charlty nurnber 1181239. The pr5ncipal re$S is LLANBEDR CONTrOLLED SCHOOL LLANBEDR DYFFRYN CLWYD, RUThIN, LL15 ISU. 2. Accountlng Pollcl 2.1. Ba18 off PrepartloTr of moa•al Statements The flnanclal ststements have been prePad in accordance with the Charftles SORP {FRS 1021 'kcounting and Reporung by Charities.. Ststernent of Recommended practi applicable to charityes preparing thelr accounts In accordance with the Finènclal Reporting Standard aprAicable In the UK and Republic of freland IFRS 1021 (effective I January 20191. Finandal Reportlng Standar(1102 'The finandal Rep)rt+ng Standard applicable in the UK and Republlc of Ireland. and the Charltles Act 2011. The charlty Is a Publlc B•neht Entlty as defined by FRS 102. 2.2. Golng Concwn DI•¢1•)¢ The trustets have assessed thè ¢harltyS fiMrKlJl position. Indudlng tts reserves, ush ftow forecasts. and èxpectéd Income for the next 12 moftths. Based on thls review, the tnjstées consider that the tharlty has adequate resources to contlnue in operatlonal exlstence for the tfftseeable fvture. Accordlngly, the flnanclal ststemtnts have been prered on a golng concern basls. The trustees are not aware of any m4terlal urKertalntyes that may cast slgnlficant doubt on the chartty's ability tg contlnue as a going concern. 2.3. Pund Accountlng Unr•stnrted fvnds ¢4n be used In acc(JrdarKe wlth the tharftsble obftthies at the dlscretlon of th¢ trustees. Oeslgnatsd funds comprlse unrestrkted fvnds that have been set ashje by the trustees ftr a swffjc purpose. Restricted funds 4re to be used for speufic purposes as lald down by the (lonor. Further explanatSon of the natrjm and purpose of Jch lund Is Induded In the notes to the finandal stst•ments. 2.4. Incomlng Rewur¢•• Incomlng resources lor the ye•r totslled £87,427.50. The majority of Income arose from char+tablt acuvltles, with ad(Iltlonal Income from fundralslng events. Restrictsd Inme relates to 9rant fuThJing recelved for speclflc project purposes. 2.S. T•nglbl• Flx•d A•••ts and D¢pr•d•tkn Tanglble fixed assets are measured at cost less accumulatsd depreclatlon and any accUmuted Impalmient losses. Depreciatyon 15 provi(ed at rates calculated to wAt off the cost of the assets. less thelr •5tlm•tsd Yesldual value, over thelr experted usefvl lives on the foifowlng base5'. Fixtures & Flttlngs 2.6. C•*h •nd Cash Equlvahnts 20% rJn9 balan Cash and cash equivalents are basic flnanclal assets and indtyje cash In hand and dep05tts held at call with banks, other short-term highly Ilquid Investments that mabjre no more than three months from the date of acqulsitlon and are readily convertlble to a known amount of c•sh Inslgnlfocant rlsk of change in value, and bank overdrafts. 3. Income Irom Donatl•n• •nd L•9ad 2025 Unrestrlct•d ds Donatlons and gilts 9,055 Page 8
MUNCHKINS AT YSGOL LLANBEDR Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 4. Incom• from Other Trndlng A¢thiltl 2025 Unrestrlctsd fund• Fundralsing events 1.336 5. Nèt IDcom•/(zxpd1threj The net income Is stated aftèr charglng/{credity"n9)'. 2025 Depreclatlon of tanglble flxed assets - owned 491 6. Anal of Expondltw• 2025 ALlvlti undert•k•n dOr•ctlv Support {see note 71 Total Raising funds Incorne MUNCHKINS AT YSGOL LLANBEDR 121 12} 1,168 86,154 1.168 670 85,484 1.838 85,482 87,320 7. Support Co•ts 2025 MUNCHKINS Af YSGOL LLANBEDR R•lslng nd• Tot•1 Empk)yee ¢oSts Premlses expenses Generdl administrati¢)n Governance costs 2,524 9.368 73,262 330 2,524 9,368 73,260 330 12} 121 85.484 85,482 8. Indépondent Ex•mlo•es Remuvr•tlon 2025 Independent examinatlon ol the fina101 statements other assurance Se$ Tax adWsory servtces Other financlal seNIce5 200 200 Page 9
MUNCHKINS AT YSGOL LLANBEDR Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 g. Stsff Costs Staff costs were as follows.. 2025 Other penslon costs 2,327 No eM0ve•S ceIve{l emplo beneffts (exdudlng employer $tran costs) for the ren9 perlod of more than £60,000. 10. Average Nufflr of Employtts Average number of employees durlng the year 2025 w•s.' 8 11. Tanglble AMts Plttlng• C••t A5 at l Aprll 2024 As at 31 March 2025 1.962 1.962 N•t B¢)ok V•lu• As at 31 Marth 2025 1,962 A$ at l Aprfl 2024 1,962 12. Cr•dltor•: Amoun1• Fallln9 Du• Wlthln On• Y••r 2025 Trade credtor5 Other loans Accruals and deferred Income 2,650 9,500 2,704 14,854 13. Lo•n• An analysls of the maturlty of loans Is 9fjven below: 2025 Amounts falllng due wlthln one year or on demand.. Other loans 9,500 14. D•f•rr•d Incom• Deferred Income movements In the year were as folh)ws.' 2025 Balance at the stsrt of the per•Jd Income deferred In the currènt peAod Balan at the end of the pe0d 2,704 2,704 Page 10
MUNCHKINS AT YSGOL LLANBEDR Notes to the Financlal Statements (continued) For The Year Ended 31 March 2025 15. 14o¥ement In Funds As at i Ap1 2024 As•t31 Incom• ExP•ndIre M•rch 2025 Unre•trlct•d fund• General.. General unresffirted fund 87.825 187,3201 505 Tot1 fund• 87,82S (87,3201 S05 16. TrnucUon• wlth Tru#tv• During the year the expenses relmbursed to the trustees or paid dlrecty to thlrd partses wer* J5 follows.. 2025 17. R•14t•d P•rty DI•d0r•• A loan of £2,000 SNII exlst wlth Ysgol Uanbedr, Wh Stssan thck Is heat1teather INcluded In the credltor bal•nce Is the amount of £8.892.67 dve to PdIedUckS All DAycar. Thls Is a tharlty wlth J common trustee Susan Dlck Page li
MUNCHKINS AT YSGOL LLANBEDR Detailed Statement of Flnanclal Activities For The Year Ended 31 March 2025 2025 nd• INCOME AND ENDOWMENTS FROM: Don•lloo and 1•9acl•• Grant 9,05S Charlt•ble Artlvltl•8: MiINCHKIMS AT YSGOL LLANBEDR Incorne from charitsble acuvit 9.055 77,434 Oth•r tradlng •cUvltl• Fundrjlslng events 77,434 1,336 1,336 EXPENDITURE ON.. Ral*log funds Sundry expenses 87,825 Ch•rltabl• Aetlvltl••: Incom• Temporary stsff 11,1681 MUNCHKINS AT YSGOL LLA14BEDR Support and admlnlstrntion costs DepreCIaOn Employers penslons - denned beneflts scheft staff tralnln9 Repairs and maintenance InsuraTh Telécommunlcatlons Independent examlner's lee5 Payroll fee5 Bank charges Sundry expenses Accovntancy fees (1,1681 1179} 14911 {2,3271 11971 19,368} 16831 12301 12001 170,773) 1781 {1,298) 13301 {86.154) NEf 114COME {87.3201 505 Page 12