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
P￿miseS
Bank charges
Food and Drink
Professional fees
Equipment, matenals & reSoUr￿S
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 reSoUr￿S
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