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2024-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2023 Period start date To 31/03/2024 Period end date

Charity name: Cylch Meithrin Tredegar

Charity registration number: 1183989

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The object of the CIO is to advance and
promote the education of mainly but not
exclusively pre-school children in
Tredegar through the medium of Welsh
language.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
Cylch Meithrin Tredegar is a Welsh
medium playgroup (Cylch Meithrin) that
runs sessional care for children aged 2-
4 years, serving the Tredegar area. The
setting is a pack away provision.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 Trustees have had regard to the
guidance issued by the Charity
Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference - Para 1.38 Policy on grant making - Para 1.38 Policy on social investment including program related investment - Para 1.38 Contribution made by volunteers - Other

TAR (SORP102) Saesneg Ion 2021

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The Cylch’s aim is provides Welsh
medium sessional day care to local
parents. Ti a Fi sessions also give
opportunities for parents / carers to
meet whilst their babies and young
children play, carry out activities and
listen to stories and songs through the
medium of Welsh.
The Ti a Fi opened in November 2023
running on a Thursday afternoon
between 12.30 – 2.00pm. There was
interest in the Ti a Fi sessions from the
beginning and numbers for this vary on
a week-to-week basis.
The Cylch Meithrin remained closed
from April 2023 – January 2024. The
Trustees appointed staff to begin in
September 2023 with the intention of
opening the Cylch in the autumn term
however due to the need for storage and
equipment this was delayed. The Cylch
successfully opened on the 5th of
February 2024 offering morning
sessions Monday to Thursday at a
reduced fee rate to try and attract
interest. Initial take up has been very
slow however the Trustees and staff are
working together to increase numbers.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 -
Performance of fundraising
activities against objectives
set
Para 1.41 -
Investment performance
against objectives
Para 1.41 -
Other -

TAR (SORP102) Saesneg Ion 2021

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Funds have reduced significantly due to
outgoing costs and the delay in the
Cylch opening. Grants will need to be
sought to ensure the future of the Cylch.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 No reserves held
Amount of reserves held Para 1.22 -
Reasons for holding zero
reserves
Para 1.22 -
Details of fund materially in
deficit
Para 1.24 -
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Trustees are working to source funds
for the year ahead.

Additional information (optional)

You may choose to include further statements where relevant about:

- The charity’s principal sources of funds (including Para 1.47 any fundraising) - Investment policy and objectives including any Para 1.46 social investment policy adopted - A description of the principal Para 1.46 risks facing the charity - Other

TAR (SORP102) Saesneg Ion 2021

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(constitution, trust deed,
royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charitable Incorporated Organisation
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post
Para 1.25 Election to post by board of Trustees

Additional information (optional)

You may choose to include further statements where relevant about:

- Policies and procedures adopted for the induction Para 1.51 and training of trustees - The charity’s organisational structure and any wider Para 1.51 network with which the charity works - Relationship with any related Para 1.51 parties - Other

Reference and Administrative details

Charity name Cylch Meithrin Tredegar
Other name the charity uses -
Registered charity number 1183989
Charity’s principal address Stocktonville senior Citizens Hall
Stocktonville
Tredegar
NP22 3ER

TAR (SORP102) Saesneg Ion 2021

Names of the charity trustees who manage the charity

1
2
3
4
5
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Dr Gwenllian Haf
Lansdown Davies
09/11/21 Board of Trustees
Leanne Louise
Marsh
09/11/21 Board of Trustees
Ceri Anne Preston 09/11/21 Board of Trustees
Corporate trustees–names of the directors at the date the report was approved the directors at the date the report was approved
Director name
-
Name of trustees holding title to property belonging to the charity
Trustee name **Dates acted if not for whole year **
-

Funds held as custodian trustees on behalf of others

Description of the assets - held in this capacity Name and objects of the - charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for - safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
-
Name of chief executive or names of senior staff members (Optional information)
-

TAR (SORP102) Saesneg Ion 2021

Exemptions from disclosure

Reason for non-disclosure of key personnel details

-

Other optional information

-

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Ceri Anne Preston


Trustee (Treasurer)
12/06/2024
12/06/2024

TAR (SORP102) Saesneg Ion 2021

ATODIAD 15

FFURFLEN INCWM A GWARIANT / INCOME AND EXPENDITURE FORM

UNION / EXACT UNION / EXACT UNION / EXACT
INCWM /INCOME BLWYDDYN /YEAR
01.04.2021—31.03.2022
BLWYDDYN /YEAR
01.04.2022—31.03.2023
BLWYDDYN /YEAR
01.04.2023—31.03.2024
Grant Mudiad Meithrin_Grant_ £0 £0 £0
Grant Arian Plant 3 oed /
3yr old Education Funding Grant
£0 £0 £0
Grant Cynaladwyedd /
Sustainability Grant
£0 £0 £0
Grant Dechrau’n Deg /
Flying Start Grant
£0 £0 £0
Grantiau Eraill /Other Grants £16,727.39 £0 £6368.00
Incwm Hyfforddi ac Incwm
Cynllun Cyfeirio /Training In-
come & Referral Scheme Income
£0 £0 £0
Ffioedd Plant /Children’s Fees £0 £0 £99.00
Codi Arian /Fundraising £0 £0 £0
Rhoddion ag Eraill/
Donations & Sundries
£0 £0 £0
Cyfanswm Incwm / £16,727.39 £16,727.39 £6467.00

Income Total
A
Gwariant /Expenditure BLWYDDYN /YEAR
01.04.2018—31.03.2019
Cyflogau a Costau TWE/Sala-
ries and PAYE costs
£0 £0 £8,081.88
Costau Rhent, Gwres ayyb /
Rent & Heating Costs etc
£0 £1,177.5 £745.00
Ffioedd Cofrestru /Registration
Fees
£0 £0 £125.00
Offer, Nwyddau ag Adnoddau /
Equipment Materials & Resources

£0
£0 £6,893.04
Costau Bwyd a Diod /Food &
Drink Costs
£0 £0 £0
Codi Arian/Marchnata /Fund-
raising/Marketing
£0 £0 £0
Eraill (e.e. hyfforddiant) /Other
(e.g. training)
£0 £0 £96.00
Cyfanswm Gwariant / £0 £1,177.5 £15,940.92

Expenditure Total
B
Gweddill (diffyg) am y
flwyddyn = A - B_Surplus (deficit)
_for the year

C
£16,727.39 £15,549.89 -£9,473.92
Arian a’r ddechrau’r flwyddyn
(dylid cynnwys cyfanswm pob
Cyfrif banc) /Cash at year start
(this should include the totals of all
bank accounts
CH
- - -
Arian ar ddiwedd y flwyddyn = £16,727.39 £15,549.89 £6075.97

C + CH_Cash at Year End_
D