CYLCH MEITHRIN MWY ABERGELE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 HAROLD SMITH CHARTERED ACCOUNTANTS ST ASAPH & CRICCIETH CYLCH MEITHRIN MWY ABERGELE CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Charlty Address Cylch Meithrin Abergele Abergele LL22 7NU Accountants Harold Smith Unit 32 Llys Edmund Prys St Asaph Business Park Denbighshire LL17 OJA INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CYLCH MEITHRIN MWY ABERGELE We report on the accounts for the year ended 31 March 2025 Respective responsibllltles of trustèes and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trugtees It is my responsibility to.. examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down by the general directions given by the Charity Commission under section 145(5Xb) of the 2011 Act., and to State whether particular matters have come lo my attention. Basis of independent examiner's report Our examination was carried out in accordance with the General DI￿¢tionS gNen by the Charty Independent examiner's ststement In connection with our examln2tlon, no malter has come lo our attention.. 11) which gives us reasonable cause lo 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 reGords and to comply with the accounting requirements of the 2011 Act have not been mel,. or 12) to which, in our opinion, allenlion shoukl be drawn in order to enable 8 proper understanding Daled . Slmon Murray-vvilliams FCA for and on behalf of Harold Smith Chartered Accountants Sl. Asaph Business Parf( Denbighshire LL17 OJA CYLCH MEITHRIN MWY ABERGELE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2026 TOTAL note Incomlng Resources Fee8 73,176 Other Income 8,038 W818h Gov grants 76,035 Totsl Income 157,249 Resour￿ EX￿nded Resources 9.981 other Expenditure 168.139 Goveman¢e Costs 714 Total Expendlture 178,834 Net Ineominglloutgoingl Resourcas 121.5851 CYLCH MEITHRIN MWY ABERGELE BALANCE SHEET AS AT 31 MARCH 2025 2025 ASSETS: FIXED ASSETS: CURRENT ASSETS: Stock Cash at Bank Cash in Hand 13,052 13,052 LIABILITIES: CURRENT LIABILITIES: Trade Creditors Other Creditors 714 6,576 7,290 ASSETS: 5.762 CAPITAL & RESERVES (REPRESENTED BY): PROFITI{LOSSI IN THE YEAR.. 121,5851 CAPITAL BIF: 27,347 CAPITAL CIF: 5,762 CYLCH MEITHRIN MWY ABERGELE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 BASIS OF PREPARATION The accounts have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and with the Charities Act 2011. No changes to accounting estimates have occurred in the reporting period13.46 FRS 102 SORPI. No malerlal prior yeai error have been idents'fied in the reporting p&riod (3.47 FRS 102 SORPI. NOTE 1 . ACCOUNTING POLICIES R•coqnitlon of Incomlna resourcos These are included in the Statement of Financial Activities {SoFAI when.. the charity becomes entrtled lo the resources.. the trustees are virtually certain they will receive the resources., and the monetary value can be measuied with suffident reliability. Incoming resources wlth related expendlture Where incoming reSoUr￿S have related expenditure las with furKlraising or contract income) the incoming resour￿ and related expenditure are reported gross in the SOFA. Grants and donatlon$ Grants and donations are only inclLtdgd in the SOFA when the charity has uncondltK)nal enlillemenl lo the resources. Contractual Income and performance related grants This 18 only included in th8 SOFA once the related goods or services have been delivered. Liabllity recognltion Liabilities are recognlsed as scx)n as thero is a legal or construcllve obligation committing the charity to pay out resources. Governan¢9 costs Include cost8 of the preparation and examination of stalulory accounts, the costs of trustee me8ting8 and cost of any legal advice to trustees on governan￿ or conslilutional matters. Grants wEth perfomiance condltlons Where the Charity gives a grant with condrf(ions for ils payment being a spec4fic level of service or output lo be provided, such grants are only recognised in the SOFA once Ihfy rec4pient ol the grant has provlded the specified service or oulpul. Grants payable wlthout performance ¢ondltlon$ These are only recognised in the accounts when a commitmgnt has been made and there ar& no conditions lo be mel relating to the grant which remain in the control of the charity. Tanglble flxed asset8 for usè by charity Fixed assets are stal&d at cost less accumulated depreciation. Provision for depreciation of fixed assets held for use by the charity is made al annual rates calculated lo spread the ¢osl {loss anticipated residual disposal value) of each asset evgnly over its expected useful lifo. CYLCH MEITHRIN MWY ABERGELE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 NOTE 2: ANALYSIS OF INCOMING RESOURCES General MAR 2025 TOTAL Fee Fees Coucil Fees 31,755 41,421 31,755 41,421 73,176 73,176 other In ome Y Morfa Fund Raising Mudiad Meilhrin DH WFRU Unity Trust Donations Trips Unifom Motor Overpaid Wages Registraion Photographs 2,223 1,744 31 923 2,223 1,744 31 923 460 777 45 500 995 220 120 460 777 45 500 995 220 120 8,038 8,038 W8lsh Govèrnment Grants Welsh Government Grants 76,035 76,035 76,035 76,035 Total Income 157,249 157,249 CYLCH MEITHRIN MWY ABERGELE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 NOTE 3: ANALYSIS OF RESOURCES EXPENDED General MAR 2025 TOTAL Resources Resources 9,980.78 9.980.78 9,981 9,981 Other Ex enditure Bank Charges Salaries Nest Gardening and Paperwork Additional Hours PAYE Rent Sundries Milk Mobile Telephone Equipment Cleaning Computer Costs Refund of Fees Mudiad Meithrin Stationery Trips Registration Repairs Training Subscriptions Motor 70 120,726 5,812 657 7,659 13.988 1,200 2,120 754 262 498 270 80 148 181 288 1.102 160 10,503 224 128 1,310 70 120,726 5,812 657 7,659 13,988 1,200 2,120 754 262 498 270 80 148 181 288 1.102 160 10,503 224 128 1,310 168,139 168,139 Govomance Costs ACCOVNTANCY 714 714 714 714 CYLCH MEITHIN MWY ABERGELE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 NOTE 4: TANGIBLE FIXED ASSETS Flxture, flttings & Equipment Motor Vehltlès Total Cost Al 1st April 2024 Additions Al 31st March 2025 Depreciaion At 1st April 2024 Charge for Ihe year At 31st March 2025 Net book value Al 31st March 2024 At 31 st March 2024 NOTE 5: RELATED PARTY TRANSACTIONS There are no related party Iransaclions during the year.