Trustee's Annual Report Fmm 114122 to 3113123 Chari Name.. Cylch Meithrin Min y Ddol Other names: None Re istration Number: 1181862 Princi le Address.. Cylch Meithrin Min y DdOI Ysgol Min y Ddol Plas Kynalon Lane Cefn Mawr Wrexham LL14 3PY Trustees with dates of a ointment andlor resi nation if within Ihe re ortin ear Stacey Cameron Melanie Cameron Amanda Taylor Claire Rayner Ob"ectives and Activities Summa of the oses of the chari as setoutin its ovemin document Cylch Meithrin Min y Ddol provides quality day care, Flying Start and Earfy Years education through the medium of Welsh to children from 2 years old to school age. The cylch is registered with Care Inspectorate Wales {C IWI lo look after a maximum of 19 children al any one time. Su mma of the main activities in relation to those oses for the ublic benefit in articu lar the activities ro ects or seNices identified in the accounts. The Cylch provides high quality day care and edu cab'onal activities to children of two years old through to school years through Ihe medium of Welsh. The Cylch implements the Language Immersion Method and the Croesi'r Bont scheme to support the delivery of all activities through the medium of Welsh. The children are offered a variety of leaming experiences in accordance with requirements of Flying Start, Eady Education, and the 30hr Childcare Offer. Cylch Meithrin Min y Ddol works very closely with these agencies and with parents and guardians to ensu re that tt)e children in their care have the necessary support and that all iheir individual n eeds are met. statement Confinrin whetherthe trustees have had re Chari Commission on ublic benefit. ard tothe uidance issued b the Tre trustees have all signed the trustee declaration to say they are aware of the guidance issued by the charity commission. Achievements and Performance Summa of the main achievements ofthe chari identif the difference the chari work has made to the circumstan￿$ of its benp.ficiaries and an wider benefits to socie as a whole. The cylch became a CIO in 2019 with fourlrustee members'.Catrin Pritchard, Amanda Taylor, Stscey Cameron and Melanie Cameron. The cylch has expanded overlhe yea and are now looking fO￿ard to theirnewjourney in a new building funded bythe 30hr childcare offer. We CU*Tently have 38 registered bul not all attending at the same time. We are funded through Flying Slart and Earfy Education and the 30hr Childcare Offer. The majority of the children that attended moved on to Welsh Medium education atlhe neighbouring Ysgol Min y DdOI. Stsff are continue to ensure thatall safety measures are met and the CO￿eCt procedures are followed. Some training and meetings have resumed face to face after the covid pandemic. The Cylch is open Monday- Friday 9.00am- 3.00pm. Financial Review Review of the thari 'sfinancial osition at the end of the ear Our financial position remains strong after a year with a slight deficit in payments over receipts. Slatement ex lainin the olic for holdin reserves statin are held Our policy is to hold in reserve enough funds to ensu re that if required to Close down the charity there would be sufficient cash at bank to off any outstanding liabilities arising. We also ideally would like to hold enough fu nds to ru n the Cylch for 6 months. Amountof reseNes held No specific numberis stipulated butoverall cash funds are believed to be mre than enough to cover any liabilities arising from closure. Reasons for haldin nla zero reseNes Details of fu nd mateiiall nla in deficit lanation of an uncertainties about the chari continuin asa oin concem There a￿ no Un￿rtainlie.s and we are ve confident about the chari 's futu re. Structure, Govemance and Management eof overn in document - Constitution How isthe chari constituted? CIO Trustee seleclion methods includin ost Nominated atAGM details of an constitutional rovisions e. election to Other Optional infomiation nla Declaration The trnstees declare that they have approved the trustees, report above. Signed behaw of the charity's trustee$, Sign2ture(s) Full name(s) Posltion {eg Seeretsry) Ch2ir, etc) LtriAi Date CHARITY COMMISSION FOR ENGLAND AND WALES Recelpts and Payments accounts Cylch Meithrin Myn y Ddol From 01104122 CC16a To 31103123 Charity No. 1181862 Section A Receipts and payments Unrestricted fullds to the nearest RÈstri¢ted fvnds Totsl funds Last year to the neaiest£ to Ihe neare$l £ 10 the neare$t £ Recelpts 30 Hours Early Education Flying Start Fe¢s Other Govemment receipts 23,983 22,623 8,996 4,801 2,898 23,983 22,623 8,996 4,801 2,898 2,930 29,770 9,430 28.743 96 Total receipts 63,301 63,301 70.969 ments Staff costs incl. HMRC & Pensions Other staff costs Itraining. D8SI Minor purchases. Food, diink elc. Fixtures. fillings and equipment Subscriptions Rent Premises 47,266 618 724 43.171 35 3.021 235 125 80 122 710 47,206 618 724 11171 35 3.021 235 125 80 122 41,578 23 492 516 300 Insurance Repairs and maint&nance Bank Charges Other 222 45 4,059 710 Total payments 66,107 66.107 47,235 Net of rec8ipts/{payments) Cash funds last year end Cash funds this year end {2,8061 60,628 57,822 {2.8061 60,628 57,822 23,734 Section B Statement of assets and liabilities at the end of the period Unrestricted funds Rèstricted funds Total CslègoriÈs Details to nearest £ to nearest £ to nearest £ Bl Cash funds Current HSBC Cash 54,348 3,474 54,348 3.474 Total cash funds 57,822 57.822 Unrèstrictèd funds Raslrict8d funds Details to nearest £ to nearest £ B2 Other monetary assets Fund to which asset belongs Current value loptionall Details Cost loptltsnall B3 Investment assets Fund to whlch asset belongs Current value loptlonall Details Cost loptlonall B4 Assets retained for Ihe charltv's own USÈ Fund to whlch Ilablllty relate5 Amount duè When due loptlonall Details Payroll B5 Llabllltles Unrestricted 4,077 0412023 Signed by one or two Iru$tees on behalf of all the tnJstee8 Signature Print Name Dale of approval Note5 to the accounts 21122 had been prepared using Accnjals aecounting. The balance she6t included £4743 of current liabilities whl¢h were dis¢harged in April and May 2022 and are induded In the payments for 2022123. Creditors al 3113123 were for 5tsff costs amounted lo £4077 and were paid in April 2023, The current bank slalemenl at 114122 showed a balance of £57109.23 whilst the aGcruals account had £56946. A variance of £163. The 22123 accounts use the bank statement figure as the opening balance. Bank charges include £45 for the HSBC accovnl which was closed in April 2023. Fixtures, frttimgs and equipment figure is higher than normal owing lo a move fo new premi5e5 part way through the year. ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/ Cylch Meithrin Min y Ddol members of On accounts for the year** 31/03/2023 **Charity no** 1181862 **ended (if any) Set out on pages** 1 -2 below ( I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2023 - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 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: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records 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: Date:** 14/4/25 **Name:** Andrew Moore **Relevant professional qualification(s) or body (if any): Address:** Blaenpentre, Swyddffyonn, Ystrad Meurig, SY25 6AW