2024-03-31-accounts - Ffrindiau Y Fali

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Trustees’ Annual Report for the period

From 01[st] April 2023 Period start date To 31[st] March 2024 Period end date

Charity name: Cylch Meithrin y Fali.

Charity registration number: 1186625

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The charity is an Early Years and Childcare facility.
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 of the Association is to advance the education of preschool children in the local community of Valley through the medium of the Welsh language. The Cylch follows the "Foundation Phase" which provides a rounded approach to education of young children indoors and outdoors The provision is supported through grants from the local education authority and the setting is part of the 30 hours childcare scheme. As of January 2024, the provision also became part of the Flying Start scheme in which 2-year-olds receive 12.5 hours of free childcare in Wales.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Committee ensures that all Trustees have read and understood the Charity's Policies and Procedures. Public benefit is taken it into account when making a decision. To which the guidance is relevant and there has been no decision to depart from theguidance.

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	Chlidren aged between 2 – 4 years old from the local community attend the Cylch. We provide a hands-on approach and opportunities for children to develop and enhance their motor skills, develop their learning and experience a sense of real life, authentic experiences with an outdoor area to explore the natural environment. We have 4 local people who are currently employed in the provision. We have received grants to improve the room, new kitchen, flooring and external window and door. We are hoping for the opportunity to extend the provision at a later date due to the growing interest in the setting.

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

Review of the charity’s financial position at the end of the period	Para 1.21	See accounts
Statement explaining the policy for holding reserves stating why they are held	Para 1.22
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

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
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	Constitution
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	Members of the Committee are elected at the Annual General Meeting, or may stay in current post.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees 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

Reference and Administrative details

Charityname	Cylch Meithrin Y Fali
Other name the charity uses
Registered charitynumber	1186625
Charity’s principal address	Cylch Meithrin Y Fali, Ysgol Gymuned Y Fali, Lon Spencer, Y Fali . LL65 3EU

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Nerys Williams	Treasurer	March 2023 – January 2024	Committee
Rebecca Leese	Secretary	March 2023 – January 2024	Committee
Lauren v Williams	Chairperson	March 2023 – March 2024	Committee
Laura Roberts	Treasurer (Current)	January 2024 - Present	Committee
Elen Williams	Secretary (Current)	February 2024 - Present	Committee
Ceri Williams	Chairperson Current)	January 2024 – Present	Committee

– 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 None 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

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) Full name(s) Position (eg Secretary, Chair, etc) Date	C Williams	L Roberts E Williams
	Ceri Williams	Laura Roberts Elen Williams
	Chair	Treasurer Secretary
	24/01/25
	24/01/25

CYLCH MEITHRIN Y FALI RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 March 2024 Registered charity number 1186625

CYLCH MEITHRIN Y FALI INDEPENDENT EXAPIIINER'S REPORT TO THE TRUSTEES OF CYLCH MEITHRIN Y FALI. effs rè o the t lees of Charit numb¢r: 1186625 I raport to th8 trustees on my 8xamination of the accounts of thg abov8 eharity {Ihe Trust") for thè ytrar eIed 31 March 2024. Bs $et out on pap 2. Res onsibililie$ and basis of re As the charity Irust88s of th8 TThst you are sponsible for the preparation of thè aount9 in 8c¢oTdancg with the reqwremanls of the Chatities Act 2011 rthe Act.). I report in respect of my examination of the Trust'5 accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I hove follow8d the applicable reCtionS gIn by th• Charity Commission under saction 14515llbl of the Act. Ind• dent oxamlnevs statement I have wmpl•ted my examinatic>n. I confirm that no materlal matters come to my attention in connectKsn wth the examinalion whirth gives me causè to beliov• thot in, any moterial resp&L*: 8c¢ounting records w8ra not kept in accordance section 130 of the Act or 2. thè accounts do not aCr(l th the accounting records I haw no concems and have come a¢ross no olhar matters in connection with the examination lo whith Attention should be drawn in order to enable a proper und8rst8nding of the accounts to be reached. Owain Ap Elf•d FCCA Date. li eozs. Williams Dènton Cyl Charterad CrIed Accntants Glaslyn Ffordd Y Parc Parc M8nai B8ng4y Gwynethj LL57 4FE iuilliomgdenton

Ich Meithrin Y Fall Registered charlty number 1186625 Recel t5 and Pa ents Account5 For the arended 31 March 2024 Un- Total Total Restricted Restricted Fund5 Fund5 Fund5 Funds 31.03.24 31.03.23 Receipts Fees in¢ome Grants lexcluding aRSI Fundraising Total Receipts 20.506 36,185 20,506 36,185 19.938 32.659 56.690 56.690 52,606 Payments Wages Pension Payroll Fees DBS checks Staff Training Rent Other Total Payments 42,716 420 482 175 22 1,500 2,853 48,167 42,716 420 482 175 36,821 493 342 198 48 1,500 2,853 48,167 2,124 40,026 Surplus I IDeficitl 8,523 B,523 12,581 Reserves Brought Forward 20,882 20,882 8,301 Reserves Carried Forward 29,405 29,405 20,882 Fund5- 31 March 2024 Bank Accourbt - Lloyds Petty Cash Balance 29,405 29,405 The financial statements were approved on........ Signed on behalf of Cylch Meithrin Y Fall bv- Ceri Williams, Trustee

CYLCH MEITHRIN Y FALI RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 March 2024 Registered charity number 1186625