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2024-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2023 Period start date To 31[st] March 2024 Period end date Charity name: Cylch Meithrin Rhaeadr

Charity registration number: 1186086

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The purpose of Cylch Meithrin Rhaeadr as
set out in its Constitution is "to advance the
education of pre-school children through the
medium of Welsh language within Rhaeadr".
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		 The aim at Cylch Meithrin Rhaeadr is to offer
every pre-school child in the catchment area
the opportunity to have early years
experiences through the medium of the
Welsh language, to support outdoor learning
as much as possible and to encourage new
experiences to all children and to build
resilience.
Cylch Meithrin Rhaeadr aims to provide
stimulating learning and play for pre-school
children through the medium of Welsh, using
the indoor, outdoor and woodland areas to
deliver the foundation phase, funded by
Powys County Council. It also offers the 30-
hour free childcare service over four days.
The facility has been adapted specifically for
it's needs and can accommodate up to 19
children in each playgroup session. It is a
registered member of the Mudiad Meithrin
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees have had regard to the
guidance issued by the Charity Commission
on public benefit.

Achievements and Performance

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SORP reference
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Achievements and Performance Achievements and Performance 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 retained the 3 employed
members of staff, with 1 completing a
L3 qualification and the other one
starting a L3 qualification in relevant
Childcare qualifications.

Standards of Welsh within the Cylch
improved over the year with
increased support offered through
Mudiad Meithrin.

The outdoor area was further
enhanced with two playframes
funded through grant money.

Demand for spaces at Cylch Meithrin
Rhaeadr continues to be strong, with
waiting lists now in place for the 2
year old spaces.

Cylch Meithrin Rhaeadr had a set list
of transition activities with the school
for the children to be introduced to
the teacher, visit their future
classrooms and get involved with
some school activities. The largest
cohort of children moved into the
Welsh medium setting of the school
as a result of this.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 During this period:
Total Income was £72,301
Total Expenditure was £62,132
Profit £10,169
There are no assets or liabilities held by the
charity.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Any reserves except for the charity's bank
account held at the end of the financial year
are used to contribute to the costs for the
ongoing running of Cylch Meithrin Rhaeadr
in the next financial period.
Amount of reserves held Para 1.22 Reserves held at 31.3.2024: £60,383
Reasons for holding zero
reserves		 Para 1.22 n/a
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 None identified

Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing document Para 1.25 The charity follows the Mudiad Meithrin
(trust deed, royal charter) “Foundation” Model constitution
How is the charity Para 1.25 The charity is a Charitable Incorporated
constituted? Organisation (CIO)
(e.g unincorporated
association, CIO)
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Structure, Governance and Management Structure, Governance and Management Structure, Governance and Management Structure, Governance and Management
Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25
The charity follows the Mudiad Meithrin
“Foundation”Model constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25
The charity is a Charitable Incorporated
Organisation (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 Eligibility for trusteeship
(a) Every charity trustee must be a natural
person. (b) No individual may be appointed
as a charity trustee of the CIO: if he or she is
under the age of 16 years; or if he or she
would automatically cease to hold office
under the provisions of clause 13(1)(e). (c)
No one is entitled to act as a charity trustee
whether on appointment or on any re-
appointment until he or she has expressly
acknowledged, in whatever way the charity
trustees decide, his or her acceptance of the
office of charity trustee. (d) At least one of
the trustees of the CIO must be 18 years of
age or over. If there is no trustee aged at
least 18 years, the remaining trustees may
only act to call a meeting of the charity
trustees, or appoint a new charity trustee.
Number of charity trustees
(a) There must be at least three charity
trustees. If the number falls below this
minimum, the remaining trustee or trustees
may act only to call a meeting of the
trustees, or charity appoint a new charity
trustee. (b) The maximum number of is
charity trustees 11. The charity trustees may
not appoint any of charity trustee if as a
result the number charity trustees would
exceed the maximum. Appointment of
charity trustees (1) Apart from the first
trustee must charity trustees, every be
appointed for a term of three years by a
resolution passed at a convened properly
meeting of the charity trustees, (2) In
selecting individuals for as appointment
charity trustees, the charity trustees must
have regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.

Reference and Administrative details

Charity name Cylch Meithrin Rhaeadr
Other name the charity uses n/a
Registered charity number 1186086

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Charity’s principal address c/o Rhayader Primary School,
Bryntirion Lane,
Rhayader,
Powys.
LD6 5LT
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Claire Evans Responsible 2/11/2021-present n/a
1
Individual
Rhiannon Hughes Responsible 31/10/2019-14/11/2023 n/a
2
Individual (Retired)
3 Catrin Mills Secretary (Retired) 2/11/2021-present n/a
4 Kerry Jerman Treasurer 2/11/2021-present n/a
5 Jess Goode Chairman 8/11/2022-present n/a
6 Gemma Evans Secretary 14/11/2023-present
7 Lily Yeates Vice Chairman 14/11/2023-present
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved

Director name n/a

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for whole year
n/a
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Funds held as custodian trustees on behalf of others

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

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

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Cylch Meithrin Rhaeadr 1186086
Receipts and payments accounts CC16a
For the period 1.4.2023 31.3.2024
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
3+ 10 hours funding 21,968 - - 21,968 29,147
Childcare Offer 20 hours funding 23,198 - - 23,198 38,621
Child Fees 12,819 - - 12,819 6,461
Grants 12,511 - - 12,511 8,896
Fundraising & Other Income 1,805 - - 1,805 3,261
- - - -
- - - -
- - - - -
Sub total (Gross income for
AR) [ 72,301 ] - - 72,301 86,385
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 72,301 - - 72,301 86,385
A3 Payments
Wages & Employment Costs 45,179 - - 45,179 45,791
Rent 5,145 - - 5,145 11,573
Building Running Costs 3,856 - - 3,856 -
Equipment & Resources 5,019 - - 5,019 3,896
Food/Drink 110 - - 110 102
Training 499 - - 499 2,603
Sundry Expenses 2,324 - - 2,324 2,396
- - - -
- - - -
Sub total [ 62,132 ] - - 62,132 66,362
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 62,132 - - 62,132 66,362
Net of receipts/(payments) 10,169 - - 10,169 20,023
A5 Transfers between funds - - - - -
A6 Cash funds last year end 50,214 - - 50,214 30,190
Cash funds this year end 60,383 - - 60,383 50,213
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CCXX R1 accounts (SS)

28/01/2025

1

Section B Statement of assets and liabilities at Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds		 Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Current Bank Account
Soldo
Bank Savings Account
Details
Signature		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
33,304
-
1,983
-
25,096
-
60,383
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

28/01/2025

2

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 2024 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 2024.

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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection 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 Signed: LE Jones Date: 29 January 2025 Name: LAURA ELIZABETH JONES

1

Oct 2018

IER

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