Trustees’ Annual Report for the period
From 1[st] April 2022 Period start date To March31st 2023 Period end date
Charity name: Cylch Meithrin Dinbych uchaf
Charity registration number:1186993
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide yearly education to 2-3 year olds through the medium of welsh. |
| 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 Cylch is registered for 19 children preschool age until they start school. The children are offered a variety of learning experiences in accordance with Denbighshires early years curriculum. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Correct |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | Local autgority funding for 10 hrs of early years education, Grants from welsh government for the 30 hours free childcare scheme |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| 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 had a busy year with the number of children rising at the setting. We have been lucky through grants from the welsh government for new equipment for the children. We have had no changes in staff or trustees. |
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 | We have plenty of reserves in the bank as the number of children went up. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We hold sufficient reserves to pay staff redundancy. |
| Amount of reserves held | Para 1.22 | £30,000 |
| 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 | The number of children went higher and also we got a better deal for the rent which saved us a lot of money. |
Additional information (optional)
| Additional information (optional) | Additional information (optional) | 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 | Nominated at a committee meeting which are held every half term. |
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 Dinbych Uchaf |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1186993 |
| Charity’s principal address | Canolfan Seion Henllan Street Denbigh LL16 3Pe |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Meleri Jenkins | chairperson | Commitee | ||
| Nikita Williams | Secretary | Commitee | ||
| Kate Williams | Commitee | |||
– 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)
| Names and | addresses of advisers (Optional information) | addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser |
Name Address |
|
| Mudiad Meithrin |
Boulevard de St Brieuc, Aberystwyth, SY23 1Pd | |
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) M A Jenkins Full name(s) Meleri Jenkins
Position (eg Secretary, Chairperson Chair, etc)
Date
18/7/24
| Unrestricted | Restricted | Total Funds | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |
| RECEIPTS | £ | £ | £ | £ |
| Fee income | 5,715 | 5,715 | 9,758 | |
| Grants - DCC - Flying Start | 40,698 | 40,698 | 40,225 | |
| Grants - DCC-3 year old funding | - | - | 1,080 | |
| Grants - DCC - Grant | 16,790 | 16,790 | 13,705 | |
| Grants - DCC equipment grant income | 2,268 | 2,268 | - | |
| Mudiad Meithrin | - | - | 1,000 | |
| FCC Fees | 3,460 | 3,460 | 648 | |
| Total Receipts | 68,931 | - | 68,931 | 66,416 |
| PAYMENTS | ||||
| Salaries | 41,705 | 41,705 | 40,837 | |
| Pension costs | 1,081 | 1,081 | 1,059 | |
| Office/educational supplies/printing/post | 3,037 | 3,037 | 3,893 | |
| Milk & refreshments | 3,164 | 3,164 | 1,608 | |
| Cleaning Products | 477 | 477 | 1,338 | |
| Telephone & Internet | 1,052 | 1,052 | 847 | |
| Training | 325 | 325 | 150 | |
| Rent | 2,832 | 2,832 | 3,802 | |
| Maintenance & Repairs | 2,865 | 2,865 | 1,695 | |
| Uniform | 352 | 352 | 256 | |
| Payroll fees/Accounting fees | 498 | 498 | 510 | |
| Mudiad V M - registration & insurance | 125 | 125 | - | |
| Waste Disposal | 1,079 | 1,079 | 958 | |
| CRB/DBS checks | 279 | 279 | - | |
| Computer Equipment/software | 60 | 60 | - | |
| Equipment | 4,597 | 4,597 | 1,149 | |
| Bank Charges | 71 | 71 | 17 | |
| Sundry Expenses | 146 | 146 | 71 | |
| Total Payments | 63,743 | - | 63,743 | 58,189 |
| Netof receipts!(payments) | 5,188 | - | 5,188 | 8,227 |
| Cash funds last year end | 29,311 | - | 29,311 | 21,085 |
| Cashfundsthisyearend | 34,500 | - | 34,500 | 29,311 |
Independent examiner’s report to the trustees of Cylch Meithrin Dinbych Ucha
We report on the accounts of Cylch Meithrin Dinbych Ucha for the year ended 31 March 2023.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act
-
to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
-
to state whether particular matters have come to my attention
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Name: Emyr Jones
Relevant professional qualification: F.C.C.A
Address: 45 Vale Street, Denbigh, Denbighshire, LL16 3AH Date: 19 July 2024
On behalf of: Jones & Graham Accountants Ltd