REGISTERED CHARITY NUMBER: 1181562
Re
rt of the Trustees and
Unaudited Financial Statements
forthe Year Ended 31st March 2024
for
C l¢h Meithrln T
roes
A5hmole & Co
Chartered Certified Accountants
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2N8

h Meithrin T roes
Lontents of the Financial S_tstements
lor the Year Ended 31st March 2024
Page
Report of the Trustees
Independent Examiner's Rep
Statement of Finanaal ActNities
Balance Sheet
Notes to the Financial Statements
6 to 12
Detailed Statement of Financial Activities
13

h Meithrin T
Re
rt of the Trustees
forthe Year Ended 31st March 2024
The trustees present their report with the financial statements of the charity for the year ended
31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities=
Statement of Recommended Practice applicable to charities preparing their account5 in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January
20191.
OBJECTIVES AND AcfiviTIES
Objectives and aim5
The object of the charity is to run a Cylch Meithrin for preschool children during normal school term times.
Through the medium of Welsh, the charity a55iSts with play, learrhing and basic education to enable the
children to make a smooth prog¥ession into school life.
Public benefit
The trustees confirm that they have complied with their duty in se(tion 17 of the Charities Act 2011 to
have due regard to public benefit guidance published by the Commission.
Cylch Meithrin Tycroes has demonstrated that our aims are for public benefit through the provision of
activities and events which have enabled children to attend early years care and educational
development in a safe environment
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The cylch has provided early years care for the k)cal community. with a wide range of activities to promote
progress in all areas of a child's learning and development.
All session are open during Carmarthenshire County Counchl school term time onlv.
FINANCIAL REVIEW
Financial position
The charity is funded partly by Carmarthenshire County council and partly by children's fees.
Reserves pollcy
The Trustees review the needs for reserves in line with guidance issued by the Charity Commission. It is the
policy of the charity to maintain unrestricted funds to ensure sufficient resetves to meet expenditure for
the period following the end of the financial year until grant payments and children's fees are paid for the
new financial year.
STRUCTURE, GOVERNANCE ANO MANAGEMENT
Governing document
The Iharity is controlled by its Eoverning document, a deed of tnjst and constitutes an unincorporated
charity.
REFERENCE ANO ADMINISTRATIVE DETAILS
Registered Charity number
1181562
Page I

ch Meithrin T
rt of the Trustees
for the Year Ended 31st March 2024
Principal address
10 High Street
Glanamman
Ammanford
Carmarthenshire
SA18 IDX
Trustees
T M Higgins
A Leach
l Llewellyn
Independent Examiner
Ashmole & Co
Chartered Certified Accountants
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB
Approved by order of the board of trustees on ...Q.i.l i ul IO.:￿........ and signed on its behalf by..
T M Higgin5- Trustee
Page 2

Inde
dent Examinerfs Report to the Trustee5 of
ch Meithrin T
croes
Independent examiner's report to the trustees of Cylih Meithrin Tycroes
I report to the charity trustees on my examination of the accounts of Cylch Meithrin Tycroes (the Trust) for
the year ended 31st March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsrble for the preparat￿n of the accounts in accordance
with the requirements of the Charities Act 20111.the Act'l.
I report in respect of my examination of the Trust's ￿COUnts carried out under Section 145 of the Act and
in carrying out my examination I have followed all applicable Directions given by the Charity Commission
under Section 14515llbl of the Act.
Independent examiner'5 Statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any fftaterial respect-
accounting records were not kept in respect of the TTUSt as required by Section 130 of the Act- or
the accounts do not accord with those records- or
the accounts do not comply with the applicable requirements collcerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2(￿8 other than any
requirement that the accounts give a true and fair view which is not a matter considered a5 part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to er)able a proper understanding of the accounts to be
reached.
Mrs Laura Craddock
Ashmole & Co
Chartered Certified Accountants
Castle House
High Street
Ammanford
Carmarthen5hire
SA18 2NB
Date=
Page 3

h Meithrin T
roes
ststement of Financial Activitie5
for the Year Ended 3tst March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
fund
Restrirted
fund
Notes
INCOME AND ENOOWMENTS FROM
Charitable activities
Charitable activities
34,205
4,981
39.186
31.001
EXPENDITURE ON
Charitable artivities
Charitable activities
37.618
519
38,137
34,676
Other
1,234
1,234
Total
38.852
519
39,371
34,676
NET INCOMEIIEXPENDITURE)
14.6471
4.462
11851
13,6751
RECONCILIATION OF FUNDS
Total funds brought forward
2.394
2.394
6.069
TOTAL FUNDS CARRIED FORWARD
12.253}
4,462
2,209
2,394
The note5 form part of these financial ststements
Page 4

ch Meithrin T
roes
Balance Sheet
3tst March 2024
31.3.24
Totsl
funds
31.3.23
Total
funds
Unrestricted
fund
Restricted
fund
Notes
CURRENT ASSErs
Cash at bank
4,462
4,462
4,554
CREDITORS
Amounts falling due within one year
12.2531
12.2531
2,1601
NET CURRENT ASSETSIILIAeiLITIESI
12.2531
4,462
2,209
2,394
TOTAL ASSETS LESS CURRENT UABIUTIES
12,2531
4.462
2,209
2,394
NET ASSETS
12.2531
4.462
2,209
2,394
FUNDS
Unrestricted fijnds
Restricted funds
io
12,2531
4,462
2,394
TOTAL FUNDS
2.209
2,394
The financial statements were approved by the Board of Tr￿teeS and authorised for issue on
Oi [-: .i..@Q.a.S...-. and were signed on its behalfby=
T M H￿ginS- Trustee
The notes forwn part of these financial ststements
Page 5

ch Meithrin T
roe5
Notes to the Financial Statements
for theyear Ended 31st March 2024
ACCOUNTING POUCIES
Basis of preparing the financial statements
The financial statements of the charity. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 102} 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
leffective I january 20191,, Financial Reporting Standard 102 'The Financi31 Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities Att 2011. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognTsed in the Statement of Financial ActNities once the charity has entTtlement to
the funds. it is probable that the income will be received and the amount can be measured reliablv.
Expenditure
Liabilities are recognised as eypenditure 35 soon as there is a legal or con5trurtive obligation
committing the charity to that expenditure. it is probable that a transfer of economic benefits will be
required in settlement and the amourht of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
lated to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitsble activities.
Fund a¢¢ounting
Unrestricted funds can be used in accordan￿ with the charitable objectives at the discretion of the
tru5tee5.
Restricted fund5 can only be used for particular restricted purpose5 Within the objects of the charity.
Restrirtions arise when specified by the donor or when funds a￿ raised for particular restficted
purposes.
Further explanation of the nature and purpose of each fund is included in the note5 to the financial
statements.
Hire purchase and leasing commitments
Rentals paid under operating lease5 are charged to the Statement of Financi31 Activities on a straight
line basis over the period of ihe lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the chBritV'5
pension scheme are charged to the Statement of Financial Activitie5 in the period to which they
relate.
Page 6
continued...

kh Meithrin T
Notes to the Financial Statements- continued
for the Year Ended 31st March 2024
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
31.3.23
Actwity
Charitable activities
Charitable activities
Fees
Grants
26,242
12,944
19,474
11.527
39,186
31.001
Grants received, included in the above. a￿ as follows=
31.3.24
31.3.23
Local Aid
Mudiad Meithrin
Carmarthen County Council
Training Grant
Llar)edi communty council
Ceredigion Council
Welsh Government
450
5tLI
5.904
1,850
1,948
I,oK)o
I,(M)O
4,409
1,320
5,910
12,944
11,527
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 41
Oirect
Costs
Totals
Charitable artivities
35,914
2,223
38,137
SUPPORT COSTS
Governance
costs
Management
Totals
Charitable activities
570
1,653
2.223
Page 7
continued...

ch Meithrin T
roes
Notes to the Financial Statements- continued
forthe Year Ended 31st March 2024
TRUSTEE5' REMUNERATION AND BENEFITS
There were no trLSStees' remuneration or other benefits for the year ended 31st March 2024 nor for
the year ended 315t March 2023.
Trustees. expenses
There weie no trustees, expenses paid for the year ended 31$1 March 2024 nor for the year ended
31st March 2023.
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Other pension costs
26,335
95
24,637
78
26,430
24,715
The average monthly number of employees during the year was as follows:
31.3.24
31.3.23
Average number of employees
No employees received emoluments in excess of £60.(MJ).
COMPARATIVES FOR THE STATEMENTOF FINANCIALA￿1VITIES
Unrestricted
fund
Restrirted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Charitable activities
Charitable activities
31,(K)I
31,001
EXPENDITURE ON
Charitable actiwties
Charitable activities
34.676
34,676
NET INCOMEIIEXPENDITUREI
13,6751
13,6751
RECONCILIATION OF FUNDS
Total funds brought foiward
6,(69
6,069
Page 8
continued...

h MeithrinT
roes
Note5 to the Financtal Statements- continued
for the Year Ended 31st March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted
fund
Restricted
fund
Total
funds
TOTAL FUNDS CARRIED FORWARD
2.394
2,394
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Bank loans and overdrafts (see note 91
Other creditors
792
1,461
2,160
2,253
2,160
LOAN5
An analysis of the maturity of loans is given below:
31.3.24
31.3.23
Amour¢ts falling due within one year on demand..
Bank overdrafts
792
io.
MOVEMENTIN FUN05
Net
movement
in funds
At
31.3.24
Atl.4.23
Unrestrirted funds
General fund
2.394
14,6471
12.2531
Restricted funds
Carmarthenshire County Council Small
Grant Scheme 202312024
4.462
4.462
TOTAL FUNDS
2.394
11851
2,209
Page 9
continued...

ch Meithrin T
roes
Notes to the Finanaal Statements- continued
for the Year Ended 31st March 2024
io.
MOVEMENT IN FUNDS- continued
Net movement in funds. included in the above 3re a5 follows:
Incoming
reSoUr￿S
Resources
expended
Movement
in funds
Unrestricted funds
General fund
34,205
138,8521
14,6471
Restrirted funds
Carmarthen5hire County Council Small
Grant Scheme 202312024
4.981
15191
4,462
TOTAL FUNDS
39.186
139.3711
11851
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
6.069
13,6751
2,394
TOTAL FUNDS
6.(￿9
13.6751
2.394
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Un￿strICted funds
General fund
31.(KJl
134,6761
13,6751
TOTAL FUNDS
31.001
134,6761
13,6751
Page 10
continued...

¢h Meithrin T
Notes to the Financial Statements- contin
for the Year Ended 31st March 2024
io.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined wsition is as follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestritted funds
General fund
6,069
18,3221
12,2531
Restricted funds
Carmarthenshire County Council Small
Grant Scheme 202312024
4.462
4,462
TOTALFUNDS
6.069
13.8601
2,209
A current year 12 months and prior year 12 month5 combined net movement in funds. included in
the above are as follow5-.
Incoming
resources
Resources
expended
Movement
in funds
Unrestri¢ted funds
General fund
65,206
173,5281
18,3221
Restricted funds
Carmarthenshiie County Council Small
Grant Scheme 202312024
4,981
15191
4,462
TOTAL FUNDS
70.187
174,0471
13,8601
Page 11
continued...

h Meithrin T
roe5
Notes to the Financial Statements- continued
for the Year Ended 31st March 2024
11. RELATED PARTY DISCLOSURES
There were no related party transactior15 for the year ended 31st March 2024.
Page 12

Ichm
ithrin T
roes
Detailed Statement of Finan¢ial Activrf(ies
for the Year Ended 31st March 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Charitable activitie5
Fees
Grants
26.242
12,944
19,474
11,527
39,186
31,001
Total incoming resources
39,186
31,001
EXPENDITURE
Charitable artiwties
Wages
Pensions
Rent
Resources
DBS checks
Training
Subscriptions
26,335
95
8,350
24,637
78
5,956
993
48
74
125
253
155
35,914
32,072
Other
Hire of plant and machinery
1,234
Support ¢osts
Management
Uniform5
Computer costs
Repairs & renewa15
155
109
520
50
570
264
Governance costs
Accountancy and legal fees
1,653
2,340
Total resource5 expended
39,371
34,676
Net expenditure
11851
13,6751
This page does not form part of the statutory financial statements
Page 13