TRUSTEES, ANNUAL REPORT Cylch Melthrln Ffestlnlog Financial Year: l April 2021- 31 March 2022 I. DIRECTIONAL DETAILS Charlty Name: Cylch Meithrin Ffestiniog Registration Number: 1190084 Address: Cylch Meithrin Ffestiniog, Ffestiniog Sports Club, Ffordd Heulog, Ffestinio& Gwynedd, LL414ND Trustees in 2021122: Manon Roberts Morris- Chair and Responsible Individual Zoe Pritchard - Treasurer Catrin Davies- Trustee 2. STRucfuRE AND GOVERNANCE The Cylch is registered as a CIO (Incorporated Charitable Organisation) using the Foundation Model. The trustees are members of the charity and are responsible for financial management, staffing, governance and compliance with CIW and Mudiad Meithrin. Key changes during 2021122: Staffing discussions were completed and dissatisfaction information was received regarding the NVQ Level 3 course (February 2022). Resignation of DY, Leader, with an expiration date of 6 May 2022. Interviews have been arranged for a new Leader.
The payroll service was moved from Dunn & Ellis to K. Madoc-jones due to concerns about the accuracy of paysllps. 3. OBJEcfivES AND AcfiviTIES The aim of the Cylch Is to provide high quality nursery education and childcare through the medium of Welsh to pre-school children. Core activitles: Provide Nursery Education in accordance with the Foundation Phase. Opening hours: 09.00-12.55, Monday-Friday, school term. 5 members of staff working in the Cylch, including Level 3 qualified members. Ongoing staff training in Child Protection, First Aid and CIW requirements. 4. ACHIEVEMENTS AND PERFORMANCE Despite the challenges of the pandemic, we have been able to: Maintain stable and secure provision. Supporting the transfer of children to Ysgol Bro Cynfal. Complete parent questionnaires and act on comments. Continue to improve resources and the learning environment. Manage staffing and planning changes for a new Leader. 5. FINANCIAL REVIEW Total Income 2021122: £56,960.34 Total Expenditure 2021/22: £36,930.46 Surplus Year: £20,029.88 Bank Balance at 31 March 2022: £21,292.75
Grants: '£IO,000 capital grant" was received in December 2021 for adaptation works (fire doors, ramp, and rear access). No expenditure was made during 2021122. It will be spent in 2022/23. 6. RESERVES POLICY The aim of the Cylch is to maintain funds equivalent to at least three months of operating costs. The year-end financial position reflects a surplus and an unspent capital grant. 7. RISK MANAGEMENT Key risks identified in 2021/22: Staffing capacity and qualifications. Payslip concerns- resolved by switching provider. Reliance on grant funding. CIW compliance. Delays in planned capital works. 8. PLANS FOR 2022123 Completion of the capital works funded by the £10,000 grant. Support a new Leader in the role. Continue to raise the standard of provision in line with Estyn/CIW. Invest in outdoor learning resources. Review costs and fee structure if necessary. 9. DECLARATION OF PUBUC BENEFIT
The Trustees confirm compllance with the Charlty Commisslon's guidance on the public benefit. The Cylch provides education and childcare through the medium of Welsh, creating significant social and educational benefits for the local community. 10. APPROVAL OF TRUSTEES This report was approved by the Trustees of Cylch Meithrin Ffestiniog. Signature: Zoe Pritchard - Trustee Signed on behalf of all the trustees after agreement of the trustees: Manon Roberts-morris Catrin Davies. Date: 1025
CHARITY COMMISSION FOR ENGLAND AND WALES Cylch Meithrin Ffestiniog Recei ts and ments accounts CC16a or perlod 01104121 To 31103122 11 Section A Receipts and payments Unrestrlcted Restrlcted Endowment funds fund8 funds to thg ngar•st to the nearest to tho nearngt Total funds Last year to th• neamt to th• n•aregt £ A1 Receipts Gwynedd Childcare grant Gwynedd Nursery Education Capital Grants Other Grants Donatsons Fundraising Fees Introduced on registration Loans 30,159 3,367 30,159 3,367 10,000 1,335 10,695 10,000 1,335 9,145 125 11,574 125 11,574 6,430 145 1,613 1,613 Total receipts A3 Payments Wages & other staff costs PmiseS Bank charges Food and Drink Professional fees Equipment, matenals & reSoUrS Repairs and renewals Loan repayment Fee refvnds 32,565 1,753 15 97 412 1,364 16 1,613 310 32,565 1,753 15 97 412 23,989 932 72 1,015 1,147 1,364 16 1,613 310 Total payments Net of receipts/(pavments) A5 Transfers between funds A6 Cash funds last year end Cash funds this vear end Section B Statement of assets and liabilities at the end of the period 20,030 1.263 1,263 1,263 Unrestricted funds to nearest £ Endowment funds to nearest £ Restricted funds to nearest £ B1 Cash funds Current Savings Cash 11,293 10,000 Total cash funds 11,293 Unrestrlcted funds to nearest £ Endowment funds to neare8t £ Restricted funds to nearest £ Deta B2 Other monetary assets Fund to whlch asset belongs Current value (optlonal) Cost (optlonal)
B3 Investment assets Fund to whlch I8• b•long• Currnnt v8lu• (optlonal) Detalls Cost (optlonal) B4 Assets retalned for the charity's own use Fund lo whkh Ilablllty r•l•t•g Unrestrtded Wh•n du• (optlonll) 31104r2022 Details PAYE Amount due (optlonal) B5 Liabilities Funds Movement Schedule Opening Balance to the nearest Additions In ear to the noarest Payments In ear to the nearest Closing Balance to the nearest Cross Transfer Restrfcted Funds ChildCa for Wales Ca to tho noarost £ Ital Grant 10,000 10,000 Unrestrlcted Funds Totsl Funds 1,263 46,960 56,960 36,930 11,293 21,293 CIO Guarantees and Secured Debts The trustees confirm, In accordan with the Charitable Incorporated Organisations (General) Regulations 2012, that at the year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO. Related party transactions There were no transactions between the charity and Its trustees or other connected persons. Trustee expenses No remuneration was paid to the trustees, nor were any expenses reimbursed to them dunng the year to 3113r22 (2021. NIL). Chlldcare for Wales Capltal Grant For building wort( to be camed out In 2022123. Confllcts of Interest Dunng the year a trustee made a loans to the charity, all repaid in the year. This induded £1213 for Equipment, materials and reSoUrS APPROVAL OF TRUSTEES This report was approved by the Trustees of Cylch Meithrin Ffestiniog. Signature: Zoe Pritchard- Trustee Signed on alf of all the trustees after agreement of the trustees: Manon Roberts-morris Catrin Davies. Date: 11 20z5
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of Cylch Meithrin Ffestiniog On accounts for the Year ended 31/3/2022 Charity no period (if any) 119084 I report to the trustees on my examination of the accounts of the above charity for the period to Responsibilities and basis of report As the charity trustees of the Trust, you are responsible for the preparation of the 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. The accounts have been prepared on a Receipts and Payments basis in accordance with section 133 of the act.
Independent I confirm that I have the requisite skills and experience to conduct the examiner's statement Independent Examination for this charity to the standards required as set out in Appendix 5 of CC32. Although retired from practice as an accountant and as a member of a listed professional accountancy body, I continue to conduct a number of examinations on a voluntary basis every year. I also confirm that I am independent of the charity as set out in Direction 2 of CC32.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: • accounting records were not kept in accordance with section 130 of the Act or • the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 12/12/2025 Signed: Name: Andy Moore Address: Blaenpentre, Swyddffynnon, Ystrad Meurig, SY25 6AW