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2023-03-31-accounts

SORP reference
Summary
ofthe purposes of
the charity as set out in its
overnin
document
Para 1.17 To provide yearly years education to 3-5years
olds through
the medium ofWelsh.
Summary
ofthe main
activities
in relation to those
purposes
for the public
Para 1.17and
1.19
The Cylch is registered
for 14children
age until they go to school.
preschool
benefit,
in particular,
the
activities, projects or services
identified
in the accounts.
The children
experiences
Foundation
are offered a variety oflearning
in accordance with Powys
Phase Curriculum.
Statement
confirming
Para 1.18 Correct
whether the trustees
have
had regard to the guidance
issued by the Charity
Commission
on public
benefit

Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
SORP reference The Cylch is open for 2.50 hrs a day, 4 days a
week and provides early years education to pre-
school age through
the medium ofWelsh.
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.
Powys County Council agreed that the service
could offer places to 2+children,
with Powys
reducing the funding
available
and the 2+
children
paying for their place. In April there
were 8children
who were 2+, with this reducing
to 3from September,
however,
increasing
again
in January to4, all on a part-time
basis.
Melissa Breese took over the role of Responsible
Individual
and Gail Gilbert took over the role of
Treasurer
in September 2022 as Helen Jones
Treasurer
in September 2022 as Helen Jones
resigned from both positions.
Gail
Gilbert then
resigned
in March 2023, however,
confirmed
that she would continue
doing the
role until
another Treasurer
was appointed
or up to
September 2023, whichever
came
first.
Marian
Elis also resigned due to relocating back to
England.
DBSchecks were carried out on new committee
members
in accordance
with the Charity
Commission
guidelines.
Fundraising
events during December and March
generated
net cash of over E1.3k.
Successful and regular committee meetings
were held each half term.

Financial Review Financial Review Financial Review Financial Review Financial Review Financial Review Financial Review
Review ofthe charity's
financial
position at the
ofthe period
end Para 1.21 The accounts for the Cylch continue to be
prepared
on a cash basis (receipts and
payments)
and therefore do not reflect any
prepayments
or accruals.
During the year the Cylch reported
a profit of
F6.9k, although
this includes additional
emergency
funding from Powys of62.9k,
received on 31/03/23.
Also, it should be noted
that funding
was received from Powys for health
and safety equipment
that has yet to be paid to
the suppliers
which is equates to62.0k.
The full membership
fee to Mudiad
has been
paid this year for the first time since 2019.
The rent charged
in the accounts is forthe
period September to December and does not
reflect a full year's charge.
Therefore, adjusting for these items, profit
generated
in the year is61.6k.
Statement
explaining
the
policy for holding reserves
statin
wh
the
are held
Para 1.22 We hold sufficient reserves to pay staff
redundancy.
Amount
ofreserves
Reasons for holding
held
zero
Para
Para
1.22
1 22
66000.00
reserves
Details offund materially in Para 1.24
deficit
Explanation
ofany
uncertainties
about the
charity continuing
as a going
concern
Para 1.23 There is concern moving forward about how
many young children
are in the area. Being able
to offer places for children
who are 2+ has
helped with this.
Succession ofthe committee
is also an ongoing
concern with only a small number ofparents
interacting
with committee
work.
interacting
wit
interacting
wit
h commi
ttee
work.
Additional
information
(optional)
You ma
choose to include further statements
where relevant about:
The charity's
principal
Local authority
education
funding for 10hrs ofearly years
sources offunds (including
any fundraising)
Para 1.47 Llanbrynmair Windfarm Trust —small grant
Fees —2 +children
Fundraising
investment
policy and
objectives
including
any
social investment
olic
Para 1.46
adopted
A descdption ofthe principal
risks facing the charity

Description
ofcharity's
trusts:
Type ofgoverning
document
Constitution
How is the charity
constituted?
Para 1.25 CIO
Trustee selection methods
including
details ofany
constitutional
provisions e.g.
election to post or name of
Para 1.25 Nominated
at a committee
held every half term.
meeting which are
any person or body entitled
to appoint one or more
trustees
Additional
information
(optional)
You ma
choose to include further statements
Additional
information
(optional)
You ma
choose to include further statements
Additional
information
(optional)
You ma
choose to include further statements
Additional
information
(optional)
You ma
choose to include further statements
Additional
information
(optional)
You ma
choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction and Para 1.51
training oftrustees
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

Charity name
Other name the charity uses
Charity name
Other name the charity uses
Charity name
Other name the charity uses
Charity name
Other name the charity uses
Cylch Meithrin Cylch Meithrin Llanbrynmair Llanbrynmair
Registered charity number 1186313
Charity's principal address Canolfan Cymunedol Llanbrynmair
Llanbrynmair
Powys
SY197DX
es ofthecharity trustees who manage t he charity

Trustee name

Office (ifany)
Dates acted ifnot for whole
ear
Name
to a
of person (or body) entitled
oint trustee
ifan
Melissa EIreese Responsible From September 22 Committee
Individual
2 Rachel Ashton Secretary From October 21 Committee
3 Gail Gilbert Treasurer From September 22 Committee
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Funds held as cus todi
Description
ofthe assets
held
in this capacity
Name and objects ofthe
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
ofsuch assets
from the charity's
own assets

Names and addresses of advisers
(Optional
information)
Type of Name Address
adviser
Mudiad Boulevard de Saint-Brieuc, Aberystwyth, SY231PD
Meithrin
Foundation Powys County Council
Phase
advisory
Teacher