OpenCharities

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2023-03-31-accounts

SORP reference
Summaryofthepurposesof
the charityasset outinits
Para 1.17 ThepurposeofCylchMeithrinRhaeadras
setoutinitsConstitutionis"toadvancethe
governingdocument
Summaryofthemain
activitiesinrelation tothose
Para1.17 and
1.19
educationofpre-schoolchildrenthroughthe
mediumofWelshlanguagewithinRhaeadr".
TheaimatCylchMeithrinRhaeadristooffer
everypre-schoolchildinthe catchment area
purposesforthepublic
benefit,inparticular,the
activities,projectsorservices
identifiedinthe accounts.
theopportunitytohaveearlyyears
experiences through themediunmofthe
Welshlanguage,tosupportoutdoorlearning
asmuchaspossible andtoencourage new
experiencestoallchildren andtobuild
resilience.
CylchMeithrinRhaeadraimstoprovide
stimulatinglearningandplayforpre-school
childrenthroughthemediumofWelsh,using
theindoor,outdoorandwoodlandareasto
deliverthefoundationphase,fundedby
PowysCountyCouncil.Italsooffersthe30
hourfreechildcareserviceoverfourdays.
Thefacilityhasbeenadaptedspecificallyfor
it'sneedsandcanaccommodateupto19
childrenineach playgroup session.Itisa
registeredmemberoftheMudiadMeithrin
Statementconfirming
whetherthetrusteeshave
hadregardtotheguidance
Para 1.18 Thetrusteeshavehadregardtothe
guidanceissuedbytheCharityCommission
onpublicbenefit.
issuedbytheCharity
Commissiononpublic
benefit

SORP reference
Duetoincreased demand,Cylch
MeithrinRhaeadr became
supernumerary,increasingcapacity
Summaryofthemain
achievenmentsofthecharity,
Para1.20 to24childrenforthe Summer termin
2022andincreasingto4staff
identifyingthedifferencethe memberstemporarily.Thisreturned
charity'sworkhasmadeto to19childrenfromSeptember2022
the circumstancesofits with3 membersofstaff.
beneficiariesandanywider 2 new membersofstaff were
benefitstosocietyasa
whole.
recruited,havingpreviouslyworked
asbankstaffandwillcompletetheir
Level3qualificationsthrough
childcare.
Anewshedwaserectedthrough
grantfunding,allowingadditional
secure storageforadministration
records and alsotohouse additional
outdoorresources.
Grantsweresecuredfortrainingand
resources,includingaworkbench
andtoolsthatchildrencoulddevelop
theirgrossmotorskillswith.
DemandforspacesatCylchMeithrin
Rhaeadrcontinuestobestrong,but
thisyearthecharityhasfocussedon
ensuringthatstaffemployedare
happyandcompletingallrequired
trainingtoimprovestaffretention
goingfoward.

Financial Review
Reviewofthecharity's Para1.21 Duringthisperiod:
financialpositionattheend TotalIncomewas£86,385
oftheperiod TotalExpenditurewas£66,362
Profit£20,023
Therearenoassetsorliabilitiesheldbythe
Statementexplainingthe
policyforholdingreserves
statingwhytheyareheld
Para 1.22 charity.
Anyreservesexceptforthecharity'sbank
accountheldattheendofthefinancialyear
are usedtocontributetothe costsforthe
ongoingrunningofCylchMeithrinRhaeadr
inthe next financial period.
Amountofreservesheld
Reasonsforholdingzero
Para1.22
Para1.22
Reservesheldat31.3.2023:£50,213
n/a
reserves
Detailsoffundmateriallyin Para 1.24 n/a
deficit
Explanationofany Para1.23 Noneidentified
uncertainties about the
charitycontinuingasagoing
Concern

Descriptionofcharity's
trusts:
Typeofgoverningdocument
(trustdeed.royalcharter)
Howisthecharity
constituted?
Para1.25
Para1.25
ThecharityfollowstheMudiadMeithrin
"Foundation"Modelconstitution
ThecharityisaCharitableIncorporated
Organisation(CIO)
e.gunincorporated
association.CIO)
Trustee selection methods
includingdetailsofany
constitutionalprovisionse.g.
electiontopostornameof
anypersonorbodyentitled
toappointoneor more
Para 1.25 Eligibilityfortrusteeship
(a)Everycharitytrusteemustbeanatural
person.(b)Noindividualmaybeappointed
asacharitytrusteeoftheCIO:ifheorsheis
under the ageof16years:orifheorshe
wouldautomaticallyceasetoholdoffice
trustees undertheprovisionsofclause13(1)(e).(c)
Nooneisentitledtoactasacharitytrustee
whetheronappointmentoronanyre
appointmentuntilheorshehasexpressly
acknowledged,inwhateverwaythecharity
trusteesdecide,hisorheracceptanceofthe
officeofcharitytrustee.(d)Atleastoneof
thetrusteesoftheCIOmustbe18yearsof
ageorover.Ifthereisnotrusteeagedat
least18years,theremainingtrusteesmay
onlyacttocallameetingofthecharity
trustees,orappointanewcharitytrustee.
Numberofcharitytrustees
(a)Theremustbeatleastthreecharity
trustees.Ifthe numberfallsbelowthis
minimum,theremainingtrusteeortrustees
mayactonlytocallameetingofthe
trustees,orcharityappointanewcharity
trustee.(b)Themaximumnumberofis
charitytrustees11.Thecharitytrusteesmay
notappointanyofcharitytrusteeifasa
resultthenumbercharitytrusteeswould
exceedthemaximum.Appointmentof
charitytrustees(1)Apartfromthefirst
trusteemustcharitytrustees,everybe
appointedforatermofthreeyearsbya
resolutionpassedataconvenedproperly
meetingofthecharitytrustees,(2)In
selectingindividualsforasappointment
charitytrustees,thecharitytrusteesmust
haveregardtotheskills,knowledgeand
experience neededfortheeffective
administrationoftheCIO.

Othernamethecharityuses nla
Registeredcharitynumber
Charity'sprincipaladdress
1186086
cloRhayaderPrimarySchool,
BryntirionLane,
Rhayader,
Powys.
LD65LT
Trustee name Office(ifany) Datesactedifnotforwhole
year
Nameofperson(orbody)entitled
toappointtrustee(ifany)
ClaireEvans Chairman 2/11/2021-present n/a
RhiannonHughes Responsible 31/10/2019-present nla
Individual
3
CatrinMills
Secretary 2/11/2021-present nla
4KerryJerman Treasurer 2/11/2021-present nla
5
JessGoode
ViceChairman 8/11/2022-present nla
6
7
8
10
11
12
13
14
15
16
17
18
19
20
Fundsheldascustodiantrusteesonbehalfofothers Fundsheldascustodiantrusteesonbehalfofothers
Descriptionoftheassets nla
heldinthiscapacity
Nameandobjectsofthe nla
charityonwhosebehalfthe
assets areheldandhowthis
fallswithinthe custodian
charity'sobjects
Detailsofarrangementsfor nla
safecustodyand
segregationofsuchassets
fromthecharity'sownassets

CHARITYCOMMISSION
FORENGLANDANDWALES
Receiptsandpaymentsaccounts
For the period
To
CC16a
from
SectionAReceiptsandpayments
Unrestricted
funds
Restricted
funds
Endowment
funds
Totalfunds Last year
tothenearest tothenearest£ tothenearest£ tothenearest£ to thenearest£
A1Receipts
3 yearoldfunding
29,147 29,147
ChildcareOffer30hoursfunding 38,621 38,621
Grants 8,896 8,896
TiaFiPlaygroup 410 410
ChildrensFees 6,461 6,461
Fundraising 822 322
Donations & Sundries 2,029 2,029
Subtotal (Gross incomefor
AR)
86,385 86,385
JA2Assetandinvestmnentsales,
(see table).
Subtotal
Totalreceipts 86,385 86,385
A3Payments
Wages
Rent/BuildingCosts
45,791
11,573
45,791
11,573
Equipment/Resources 3,896 3,896
Food/Drink 102 102
Fundraising/Marketing
Training
Other
706
2,603
285
706
2,603
285
Extra activities 1,405 1,405
Subtotal 66,362 66,362
A4 Asset and investment
Durchases. (see table)
Subtotal
Totalpayments 66,362 66,362
Netofreceipts/(payments) 20,023 20,023
A5Transfersbetweenfunds
A6Cash funds last year end
Cashfundsthisyearend
30,190
50,213
30,190
50,213
CectionB Statementofassetsandliabilitiesattheendoftheperiod CectionB Statementofassetsandliabilitiesattheendoftheperiod CectionB Statementofassetsandliabilitiesattheendoftheperiod CectionB Statementofassetsandliabilitiesattheendoftheperiod
Unrestricted Restricted Endowment
Categories Details funds
tonearest£
funds
tonearestf
funds
tonearest£
B1Cashfunds CurentBank Account
50,078
SoldCardAccount
135
Totalcashfunds
50,213
(agree balanceswithreceipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details tonearest£ to nearest tonearest£
B2Othermonetaryassets
Details Fundtowhich
assetbelongs
Cost(optional) Currentvalue
(optional)
B3Investmentassets
-
Fundtowhich Currentvalue
Details assetbelongs Cost(optional) (optional)
B4Assets retained for the
charity'sownuse
Fundtowhich Amountdue Whendue
Details liabilityrelates (optional) (optional)
B5 Liabilities
Signedbyoneortwotrusteeson
behalfofallthe trustees
Signature
Print Name
Dateof
approval
K. Jerman KerryJerman
C-Evany
Claue
Evans I4/1/23

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name CYLCH MEITHRIN RHAEADR members of On accounts for the year 31 MARCH 2023 Charity no 1186086 ended (if any) Set out on pages N/A (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2023.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

1

Oct 2018

IER

Signed: LE Jones Date: 18 January 2024

Name: LAURA ELIZABETH JONES

Relevant professional N/A qualification(s) or body (if any):

Address: TY GARTH WATER LANE

RHAYADER, LD6 5AR

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

2

Oct 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

3

Oct 2018

IER