Trustees, Annual Report for the period From: 0110412023 - 31103r2024 Charity name: Cylch Meithrin Crymych Charity No: 1182051 ObJe¢tlve• And Aetivlti SORP referenc¢ Para 1.17 Summary of the purposes of the charity as set out in its governin8 documenl Cylch Meithrin Crymy¢h has coniinued to provide p￿-School education and care for the children of the surrounding area. It has an excellent re131ionship with the local school. Ysgol Bro Preseli school and its stsff which makes transition for the hildren into primary school much easi¢r. Cylch Meithrin Crymych att members of Mudiad Mcithrin, a voluntsry organisation specialising in Welsh medium carly provision. It aims to give every youn8 ¢hild the opportunity io benefit from early years services and experiences. All children arc welcomed to the Cylch. The ¢urrent m•na8¢ment committee continue to uphold these aims. To provide and maintain pre-school education and care for the childr¢n of the Surrounding . Follow the curriculum for Wales to provide high q￿lIty early education 8ivin8 experiences. knowledge and skills needed for lifelong learning. artive citizenship and future em 'ment b¢ in in earl The purw)se ond objective5 Stated abov¢ ar¢ b&5ed on the guidance i55u¢d by the Charity Commi&sion and local needs. SummAry of the main activities in relation lo those purpos¢s for the public iKnefit, in particular, the activities. projects or services identified in the ac¢ounts. Para 1.17and Statement confirniing whether the trustee5 have had regard to th¢ guidance issued by the Charity Commi&8ion on publi¢ benefit. Para 1.18 AdditloDal Inforni*tion (option SORP reference Para 1.38 PaTa IJ8 Poli¢v on nt makin Policy on social investment includin8 program related inveslmeni Contribution made by volunteers NIA NIA Para 1.38 Cylch Meithrin Crym)'ch committee of Trustees are all volunteers and encournge other volunleei3 to hel with a wide ran e of tasks at the settin& this allows the servi¢e to be used to it's full potential for the benefit of the local community.. The Trustees are committed to involving volunte￿5 directly to contribute to the running of the service. Ensure we Bre responsive to the needs of the users of the service. To provide differenl skills and ￿r5￿tiVeS. Off¢r opy)rtunilies for volunteer p8rti¢iwion by all. , Offer Opp￿lin7t1e5 to develop and learn new skills. Other A¢hlevements Ind PerformAn¢e SORP reference Para 1.20 Summary of the main achievemenis of the charity, identifyin8 the difference the charity's work has m8de lo the circumsthnc¢s of tts beneficiaries and any widcr bcnefits to socirfy as a whole Our aims for the year wer¢ to ensure that all the children would be given the ￿soUr¢e$ and quality stsff that is Tequired to give the best quality edu¢ation and care. The interests of the children ore a central wint of daily activiies. To m8nAge the Cylch Meithrin on a day to day basis we need to ¢nsur¢ that the level of statTing and income is Taised and available. To increase openin8 hours available for the childr¢n attending the setting. The Setting has now opened an extra hour to a￿0MModate lunch club to 8ssisI par¢nts. working parents and carers. Allowing children to stay an extra hour is an as5est to the daily running of the Cyl¢h Mcithrin. Our main achievements, durin8 the yeAr was to hold various fvndraising events. The Cylch Meithrin 15 man&ged well. The Cylch Meithrin setting is to enhance the children's Additio￿1 Inform*tion SORP referenc¢ Para 1.41 The fttdback to the trustees indicat¢s that we provide good q￿lIty service that encourages parents to bring their children to the C .Ich Meithrin settin Fundraising has helped us roduce a small bud el SU Achievements against objcctiV¢S S¢t P¢rfoTmance of fundraising tiviti¢s a ainst ob. tives set Investment perfOrm￿¢e ainst ob-ectiv¢s Other Parn 1.41 lus P8rn 1.41 NIA Fln#nclai Revlew SORP referenc¢ Parn 1.21 Review of the Charity's financial position at the end of the period We have run th¢ Cylch Meithrin financ¢s within the agreed budgeL leaving a Small surplus. ststemenl explainin8 the )licy for holding reserves stating why they are held Amount of reserves held Para 1.22 We hold rts¢rves within our account to meet Capital experience. Par8 1.22 Reasons for holdin8 zero Parn1.22 NIA Dctails of fvnd materially in deficit Parn 1.24 NIA Explanation of any uncertaintie5 aboui the charity continuin oin COn￿rn Parn 1.23 None Addltional Information SORP reference PaTa 1.47 The charity's principal sources of fund5 {in¢ludin8 any fundrdisin Investment policy and objectives including any s(Kial investsnent ado ted A description of the princi risks faces of the charitN' Children s Fees Fundraising Adivitie5 NIA Parn 1.46 Parn 1.46 A I￿k of volunteers. t£ss children in the area to attend the setting. Other Strnclyre, Governan¢t and Mawement SORP reference Parn 1.25 Par8 1.25 Description of Charity's trusts.. overnin How is the Charity Constituted? Trust¢e selection methods including details of any constitutional provisions e.g election to po￿ or name of any person or bcdy entitled to int one 01 more truste&s document Constitution cio Para 1.25 Tn￿te¢S are either elected or appointed annually at the Annual General Meeting held in May. New trustees will be elected in 2024. AddltloDal Informalio SORP Teferenc¢ P8ra 1.51 Polici¢s and proc¢dures adOp￿d for the indu¢tion and training of trustees The following policies arc in place and are us¢d as part of the Trustees Induction.. Volunteer pli¢y Safeguarding Adults wlicy Child Safeguarding poliry Heal￿ Safety and Welfare licy Environmentsl Aw8ren¢ss Policy Staffing policy E-safety policy Equality and Diversty wli¢y Confidentiality and Data protection wlicy Digital images w•li¢y The ch￿ity's organisationBI strncture and any wider network with which th¢ charity works Parn 1.51 Cylch Meithrin Crymych 15 run by a Management Committee of Trustees, made up of 6 elected membcrs. The CUrr￿t oificers are.. Chair Secretary Relationship with any related ies Para 1.51 NIA Ref¢ttnce and Admlni#traliYe detsi Chari . Name Other name the chari ses istcr¢d Charil number Charity'5 principal 8ddr¢s5 ch C .Ich Meithrin C 1182051 Y CabAn Ysgol Bro Preseli crnrn￿h SA413QH Pembrokeshire N•me8 of the ¢hsrity trnstttg who m#nage the chwity otTic¢ Number Trustee nome Dates acted if not for whole year Name of person or body entitled to apw)int trustee if aft Michelle Fletcher Hannah Mair WilliAms Michell¢ Fletcher Mar yarei Louis¢ Evans Meleri Hi Gwen Griifiths Tr¢asurer Sec Assistant rjaf dd Vav han Katie Kobinson Chair CorporA¢t trusteu- D*mt of tht dlre¢torA Ai ihe date the report WAS approved Dlr¢ctor Name Y4ame of trusteu holdlDg tide to pn)perty belooging to the charity Dates •eted if noi for wknle Truslee name Funds held ¥s custodian tnutee8 on beh￿r of others Descri ion of the a8sets held in this ca Name and objects of the charity on whose behalf the assets are held and how this falls within the cusi(NJian chari Details of Arrangements for safe custody and se8regation of such assets from the charity's own ass¢ts NIA NIA NIA Addiilonal InformAtioll (optIOD￿) NAme8 •Dd AddreMe8 of advi￿rn (optiottal IAforniA¢ioD) of *dvi*r Name Addre8J Name of cbief executive or names of geDlor $tsff m¢mbeTB (opti•thal iDforni*tlon) Exemptlon$ frnm dts¢loJure Rea￿￿ for noll4l18el￿￿re of key perbottnel detAIIJ Other optiooAI Infornialion De¢larntionJ Th¢ trustees declare that they have •pl￿0Ved the In￿$. re￿rt above. Signed on behAlf of the charity's trujttts Signalure(s) Full u•me(J) ICHaLE CLETLH££. Po#ltlon (eg Secrelary• Chalr• ete) TRCAgLL£& Dat¢ Lrlièl£4- . ## **CYLCH MEITHRIN CRYMYCH PROFIT AND LOSS ACCOUNT AS AT 31ST MARCH 2024.** |**Income**
Fees
1 to 1
3 yr Fund
Bonus Ball
Donation
Trips
Fundraising
Grant
Milk Grant
Ceredigion CC
Interest
**Less: Expenditure**
Staff Wages
HMRC
Pension
Travelling
Class Fundraising
Equipment
Training
Food
Gifts
Mudiad Fees
Rent
Refund
**PROFIT/LOSS**|**31/03/2024**
4658.00
0.00
17227.00
0.00
1101.00
125.50
2146.00
2830.00
57.61
4000.00
**32145.11**
95.47
34901.87
3759.91
2500.71
0.00
12.00
4362.16
3.00
916.35
1742.54
481.60
1000.00
0.00
**49680.14**
**-17439.56**|**31/03/2023**
7663.00
0.00
7425.00
1005.20
2903.00
0.00
1496.00
22773.00
0.00
0.00| |---|---|---| |||**43265.20**| |||31742.90
2316.67
1803.02
1653.31
150.46
8076.72
554.05
633.60
293.00
670.48
1100.00
0.00| |||**48994.21**| |||| |||**-5729.01**| **PROFIT/LOSS** ## **CYLCH MEITHRIN CRYMYCH** ## **BALANCE SHEET AS AT 31ST MARCH 2024** |Balance on Current Account at 1st April 2023
Balance on Deposit Account at 1st April 2023
**Interest**
**Income**
**Less Expenditure**
Closing Balance on Current Account at 31st March 2024
Closing Balance on Deposit Account at 31st March 2024|10953.95
14215.95
95.47
32145.11
49680.14|25169.90
-17439.56| |---|---|---| |||**7730.34**| |||3418.92
4311.42| |||**7730.34**| ## **NOTE TO ACCOUNTS.** Loss was serviced by transfers from the savings account. INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF CYLCH MEITHRIN CRYMYCH I report on the accounts of the Charity for the period ended 31" March, 2024 which are set out per the attached document. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the Charities Act, To follow the procedures laid down in the general Directions given by the Charity Commission (under section 145 (5) (b) of the Charities Act, and To state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given bythe Charity Commission. An examination includers a review of tiie accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or discLosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequentLy no opinion is given as to whetherthe accounts present a'true and fair, view and the report is Limited to those matters set out in the statement below. Independent examiner's statement. In connection with my examination, no matter has come to my attention: 1) which gives me reasonable cause to believe that in any material respect the requirements "to keep accounting records in accordance with section 130 ofthe Charities Act; and "to prepare accounts which accord with the accounting records and complywith the accounting requirements ofthe Charities Act have not been met: or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. BP Jones Accountancy Consultant Ffynnon Fraith Blaenffos Boncath SA37 OHZ. th 29 September 2024