Trustees’ Annual Report for the period
From 01/04/2022 Period start date To 31/03/2023 Period end date
Charity name: Cylch Meithrin Cil y Coed Charity registration number: 1184708
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Cylch Meithrin Cil y Coed provide childcare for children between2 and 5 years of age through the medium of Welsh. We also provide a wraparound service for the children attending the local Welsh school. |
| 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 |
We provide a childcare service in Welsh to promote the Welsh Language and also the ability of a wraparound from the local Welsh school. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All monies raised by the charity has been spent on improving the service |
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
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 | We have provided a Welsh child care service for families including a wraparound service and Flying Start spaces We have stayed in credit |
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 |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Cylch’s financial position has improved through the year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We aim to hold 3 months outgoings in reserve to pay. This would to pay wages and any other outgoings if needed. |
| Amount of reserves held | Para 1.22 | £0 |
| Reasons for holding zero reserves |
Para 1.22 | No profit was made |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Child fees Childcare 30hrs offer |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Cylch Meithrin Cil y Coed |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1184708 |
| Charity’s principal address | Cylch Meithrin Cil y Coed Ysgol Gymraeg Y Ffin Sandy Lane Caldicot NP26 4NQ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Lisa Aylett | Chair Person | |||
| Caroline Behan | Treasurer | |||
| Kim Lewis-Davies | Trustee | |||
– Corporate trustees names of 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)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
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) L J Aylett Full name(s) Lisa J Aylett
Position (eg Secretary, Chair Chair, etc)
Date
29/01/2024
| INCOME | Year 2022-2023 |
|---|---|
| MCC Grant(or MM Grant) | £ 4,837.00 |
| 3yr Old Education Grant | £ - |
| SustainabilityGrant/covid | £ - |
| FlyingStart Grant | £ 750.00 |
| Other Grants ** | £ - |
| Training Income & Referral Scheme Income * |
£ 2,000.00 |
| Childrens Fees | £ 42,807.55 |
| 1-1 support | £ 720.00 |
| Fundraising | £ - |
| Donations and & Sundries(or refunds) | £ 16.67 |
| Furloughpayment | £ - |
| Total Income | £ 51,131.22 |
| Expenditure | |
| Salaries and PAYE Costs/Pension | £ 36,568.37 |
| HMRC | £ 2,424.05 |
| FEE/LOAN REFUND | £ - |
| Rent & Heatingetc | £ 1,425.84 |
| Registration Fees(MMpaid 18th Sept 2019) | £ 155.00 |
| Equipment Materials & Resources | £ 4,178.06 |
| Drink/Snack Costs | £ 490.96 |
| Fundraising /Marketing /Tech | £ 224.00 |
| Other - Trainingetc** | £ 342.60 |
| Expenditure Total | £ 45,808.88 |
8
| APR | MAY | JUN | JUL | AUG |
|---|---|---|---|---|
| £ 2,442.75 | £ 2,688.50 | £ 6,423.90 | £ 1,417.50 | £ 50.00 |
| £ 720.00 | ||||
| £ 8.52 | £ 8.15 | |||
| £ 2,442.75 | £ 2,697.02 | £ 7,152.05 | £ 1,417.50 | £ 50.00 |
| £ 4,470.97 | £ 2,262.06 | £ 2,119.48 | £ 2,382.31 | |
| £ 245.39 | £ 98.32 | £ 83.40 | ||
| £ 317.50 | £ 621.07 | £ 85.84 | £ 99.57 | £ 7.00 |
| £ 54.31 | £ 48.31 | £ 39.36 | £ - | |
| £ 14.00 | £ 14.00 | £ 14.00 | £ 14.00 | |
| £ 42.00 | £ 150.60 | |||
| £ 317.50 | £ 5,447.74 | £ 2,508.53 | £ 2,272.41 | £ 2,637.31 |
| SEPT | OCT | NOV | DEC | JAN | FEB |
|---|---|---|---|---|---|
| £ 4,837.00 | |||||
| £ 750.00 | |||||
| £ 2,000.00 | |||||
| £ 6,066.75 | £ 1,465.40 | £ 7,714.65 | £ 4,583.90 | £ 4,639.50 | £ 273.20 |
| £ 6,066.75 | £ 1,465.40 | £ 7,714.65 | £ 10,170.90 | £ 4,639.50 | £ 2,273.20 |
| £ 3,921.92 | £ 3,473.77 | £ 3,754.46 | £ 3,425.50 | £ 3,577.06 | £ 3,641.76 |
| £ 353.93 | £ 237.32 | £ 238.54 | £ 237.07 | £ 308.89 | £ 315.88 |
| £ 822.60 | |||||
| £ 155.00 | |||||
| £ 104.59 | £ 450.00 | £ 60.01 | £ 718.98 | £ 582.55 | £ 1,073.39 |
| £ 22.35 | £ 45.39 | £ 44.60 | £ 30.81 | £ 47.78 | £ 60.24 |
| £ 14.00 | £ 19.00 | £ 14.00 | £ 14.00 | £ 93.00 | |
| £ 150.00 | |||||
| £ 4,402.79 | £ 4,220.48 | £ 4,271.61 | £ 4,426.36 | £ 5,502.88 | £ 5,184.27 |
MAR
£ 5,041.50 £ 5,041.50 £ 3,539.08 £ 305.31 £ 603.24 £ 57.56 £ 97.81 £ 14.00 £ 4,617.00
- I CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independènt Examiller'5 Fteport Roporttt Ihe trustm m•mb•rn of CWch Merfhan Cil y Coed •¢¢ounts foithe year ondwl March 207J Charlty no 1184708 I rewrtto th8 Iru5tees on my exaffdnation oftr a¢o)unl8 ofthe aLK)% chariiy Ilhe Tru") r¢rth6 yearended ResponsIbllS and ba818 olroF As Iht chatity's trustees, ytsj are rBswnsible forlhe pparatitsn ofthe acLX)unts In ance with the wuironwnts Llh8 Chanties Acl 2011 IYheA¢t'l. I report in regk of my eXan80 of Ihe Trust's arxounls out unders6¢bon 145 ofthB 2011 Ad and in csrying CArt my examination, I h8ve follo all the aW1¢ae Thrections oivtrn by the Charity CommBson under ¥eLion 145lSllbl of theAc. Independont rrha chanty's gross Irts)rf ex(wded £250.000 and l arn qualffied to ex•miner'8 Stat•m8nt undortake the examina11 by a qualified mBrnber of[In$8rt name of 8ppIKxb Iistad bodyD. Delete I l rfrtotapth¢•ble I h8¥e my ex8minstion. I t(mi Itt no material matters havè con lo my attention In connethon wlh the exanNn8tion Iclherthan that disd0s b.) which gives tnecausèto believe thai in. any mdlenal the occotsnting records were not kept in a>x)rdarte %ith ction 130 of the ChaFibes Act, or Ét£ounts did not a(trrd with th8 aLwJntsng [d&." or the attounis did not comply with the applic4b requirements ncèTning thè rM 8rtd o)ntentof Unts set ¢>Jt in the charle8 IAccounts and Rewrtsl Regulations 2008 othtrthan any requirement that the accounts give a'true and farf which Is not a matter Ctrn5idered as part of an Independ8nt examination. I have no concem5 and have come acr0$5 no other matters in ojnnection with the examination towhith attention should bè drawn in this port in order lo ensble a proper understsnding of the a(xounl$ to b? re¥hed. ' He8s& cte the words in thebra¢ketsilfhey do not&ppty. IS-OW-202¥. Nam•'. Rohvant prof•MloMI quallfic•tlonl81 or body IER Oct 2018
Addre88.' Se¢tion 8 Disclosure Only complete If Ihe exaniiner needs lo highlight maierial mailers ol Otrnrn (see CC32. In(1epeTrdoI exaniiiialioii of ¢haiily accoun15. directions and yuidance for examiners). Givo here brlof detsiis of 8ny rtem8 thatthe examinerwi$ho5 to dlsclose IER Oct 2018