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2024-03-31-accounts

Trustees’ Annual Report

For the period: from 1/4/23 to 31/3/24

CYLCH MEITHRIN DYFFRYN BANW

Charity number 1181376

Objectives and Activities

The delivery of quality early years education, care and play (as regulated by CIW and Estyn) through the medium of Welsh to children aged 18 months to 11 years of age, delivered in a Cylch Meithrin setting with an accompanying breakfast and after school club. Open daily from 8am to 3.30/5pm.

We also run a Cylch Ti a Fi parent and toddler group which meets weekly.

The charity trustees confirm that they have regard to the Commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Achievements and Performance

Continued to deliver high-quality experiences for the children, thanks to the work of Anti Mirain, Anti Lwsi, Anti Lws, Anti Heddys, Anti Natalie, and Anti Leah in the Cylch Ti a Fi.

Staff achieved new Level 3 and Level 5 qualifications, also taking advantage of a wide range of Continuous Professional Learning opportunities.

We welcomed Anti Lws as a new staff member.

We said goodbye to Anti Heddys as a staff member.

We opened an after school club.

We moved to a new location.

In our first formal inspection by Estyn and CIW we received a rating of ‘Good’.

We maintained a constructive relationship with officers from Powys County Council (especially concerning the work of introducing the curriculum).

Won a tender to be a ‘Flying Start’ provider for two-year-olds.

We prepare to celebrate our 50[th] birthday as a cylch, having won a grant from the National Lottery Community Fund to enable us to do so.

Financial Review

The charity’s financial situation is robust and there are no concerns regarding the future of the organisation. Our financial reserves are more than sufficient to cope with any unexpected shock or to meet our obligations if forced to close. As a voluntary management committee we are active in applying for grants and fundraise by arranging numerous community events.

Structure, Governance and Management

The Cylch Meithrin is a Charitable Incorporated Organisation managed by a Voluntary Management Committee comprised of 9 individuals. Of those 9, 3 are trustees. The Committee consists of a Chair, Treasurer, Secretary, Responsible Individual, and 4 members without a designated role. We meet every two months and communicate weekly through a discussion group, as needed/required. The Chair, Treasurer and RI discuss any specific matters requiring attention between meetings, obtaining the committee’s approval as and when required. The committee follows Mudiad Meithrin policies. The Cylch Meithrin’s Leader is line managed by the Responsible Individual, and in turn she acts as line manager to other staff members.

Trustee selection and appointment methods

The Trustees are selected according to the Cylch’s recruitment policy. Positions on the committee are advertised and individuals are co-opted. New trustees are appointed when exiting trustees leave the CIO and the governing document is amended as is our webpage

on the Charity Commission’s register. Induction and training are provided for committee members and information is shared on ‘What it means to be a Trustee’.

Reference and Administrative details

Name: CYLCH MEITHRIN DYFFRYN BANW

Registered Charity Number: 1181376

Principle Address: Ysgol Cwm Banwy, Llangadfan, Trallwng, Powys, SY21 0NW

Names of the charity trustees who manage the charity and served in the year

(Include date appointed and/or date resigned if in the year)

Dr Gwenllian Haf Lansdown Davies

Mererid Haf Roberts

Catrin Elain Micah Evans

Declarations

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

Signed on behalf of the charity’s trustees :-

Mererid Haf Roberts 16.10.24

Name: CYLCH MEITHRIN DYFFRYN BANW

No: 1181376

Receipts and payments accounts

From 01/04/23 To 31/03/24

Section A Receipts and payments

A1 Receipts
FFIOEDD RHIENI / PARENT FEES
CODI ARIAN / RAISING FUNDS
POWYS
WELSH GOVERNMENT
CEREDIGION C EXP
MUDIAD MEITHRIN CY
CLYBIAU PLANT CY CPCKC
GRANTIAU / GRANTS
Llog Banc / Bank Interest (BMM)
Total receipts
A3 Payments
19,303
5,045
51,127
3,360
2,071
4,444
1,300
2,000
325
88,975
5,000
1,117

2,679
4,600
61
298
709
570
60
270
756
52,264
6,174
-
74,558
14,417
19,739
34,156
Unrestricted
funds
to the nearest £
-
-
-
-
-
-
-
17,179
-
17,179
-
-
-
-
-
-
-
-
-
-
-
-
4,279
-
4,279
12,900
-
12,900
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
Total funds
19,303
5,045
51,127
3,360
2,071
4,444
1,300
19,179
325
106,154
5,000
1,117
2,679
4,600
61
298
709
570
60
270
756
52,264
10,453
-
78,837
27,317
19,739
47,056
to the nearest £
Last year
to the nearest
£
9,579
4,810
31,342
-
10,676
1,200
-
9,010
45
- 106,154 66,662
-
-
-
-
-
-
-
-
-
-
-
-
-
-

HMRC
PENSIWN / PENSIONS
SESSIYNAU /ADNODDAU. SESSIONS
RENT
BANC / BANK
RHODDION / GIFTS
CWPAN PINC / CANN
RENTOKIL
TRAFNIDIAETH / TRANSPORT
CYFRIFION / PAYE Bureau
FFENS / FENCE sheds/buildings
CYFLOGAU / WAGES
GWARIANT / Dayto daysupplies
5,000 603
1,117 408

2,679
1,279
4,600 5,067
61 61
298 -
709 -
570 -
60 654
270 -
756 9,240
52,264 30,603
6,174 10,895
- -
Total payments
Surplus/Deficit
A6 Cash funds last year end
**Cash funds this year end **
- 78,837 58,810
14,417 12,900 -
-
-
27,317 7,852
19,739 - 19,739 11,887
34,156 12,900 47,056 19,739

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B3 Investment assets
B2 Other monetary assetse.g.
Grants promised and due but
not paid by year end. Money
owed by service users.
B4 Assets retained for the
charity’s own usee.g.
computers
B5 Liabilitiese.g. PAYE,
Wages due, invoices not paid at
year end.
Signed by one or two trustees on
behalf of all the trustees
Details
Current bank account
Savings Accounts
Cash
Details
Details
Details
General play equipment pooled estimate
Details
HMRC
Signature
Total cash funds
(agree balances with receipts and
payments account(s))
Details
Current bank account
Savings Accounts
Cash
Details
Details
Details
General play equipment pooled estimate
Details
HMRC
Signature
Total cash funds
(agree balances with receipts and
payments account(s))
to nearest £
to nearest £
10,339
-
23,817
12,900
-
-
34,156
12,900
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
Cost (optional)
Unrestricted
-
-
-
-
-
-
-
-
-
Unrestricted
2,345
-
-
-
-
Print Name
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
to nearest £
10,339
-
23,817
12,900
-
-
34,156
12,900
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
Cost (optional)
Unrestricted
-
-
-
-
-
-
-
-
-
Unrestricted
2,345
-
-
-
-
Print Name
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
Current value
(optional)
5,000
-
-
-
-
-
-
-
-
When due
(optional)
April2024
Date of
approval
G Lansdown Davies Gwenllian Lansdown Davies 18.10.24

Funds Movements Schedule

Restricted Funds
Lottery
ACW CLTA
Powys Vol
Boshier
CPCKC
Total
Unrestricted Funds
All Funds
0
0
0
0
0
0
0
19739
19739
Opening
Balance
to the nearest £
Income
12900
2500
300
479
1000
0
17179
88975
106154
to the nearest £
Outgoings
0
2500
300
479
1000
0
4279
74558
78837
to the nearest £
0
0
0
0
0
0
0
0
0
Cross Transfer
-/+
to the nearest £
12900
0
0
0
0
0
Closing
Balance
to the nearest
£
12900
34156
47056

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ CYLCH MEITHRIN DYFFRYN BANW members of On accounts for the year 31/03/2024 Charity no 1181376 ended (if any) Set out on pages Section A and B in the following 2 pages (

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2024

Responsibilities and basis of report

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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 examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Andy Moore Date: 19/10/2024 Name: Andrew Moore Relevant professional qualification(s) or body (if any): Address: Blaenpentre, Swyddffyonn, Ystrad Meurig, SY25 6AW