## **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
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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 ResponsIbll￿S* and ba818 olroF As Iht chatity's trustees, ytsj are rBswnsible forlhe p￿paratitsn ofthe acLX)unts In ￿￿￿ance with the wuironwnts L*lh8 Chanties Acl 2011 IYheA¢t'l. I report in regk* of my eXa￿￿n8￿0￿ of Ihe Trust's arxounls out unders6¢bon 145 ofthB 2011 Ad and in csrying CArt my examination, I h8ve follo￿ all the aW1¢a￿e Thrections oivtrn by the Charity CommBson under ¥eL*ion 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 It￿t 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 r￿M 8rtd o)ntentof ￿Unts set ¢>Jt in the charl￿e8 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& c*te 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 Otrn￿rn (see CC32. In(1epeTrdo￿I exaniiiialioii of ¢haiily accoun15. directions and yuidance for examiners). Givo here brlof detsiis of 8ny rtem8 thatthe examinerwi$ho5 to dlsclose IER Oct 2018