2021-08-31-accounts - Meithrinfa Sêr Môr Beaumaris

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Trustees’ Annual Report for the period

From 08/07/2020 Period start date To 31/08/2021 Period end date

Charity name:MeithrinfaserMor Beaumaris

Charity registration number:1190307

Objectives and Activities

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SORP reference
Summary of the Para 1.17 The aim of Meithrinfa SêrMôr is to
purposes of the charity provide safe, affordable, quality
as set out in its childcare. The nursery strives to
governing document provide the very best playful,
imaginative, caring and safe
environment for its children.
Meithrinfa SêrMôr Beaumaris will
provide an environment that
celebrates the Welsh language and
culture. Meithrinfa will ensure that
there is an active, skilled and
supportive committee and highly
qualified and knowledgeable staff that
will work in collaboration with the
school, parents and the community to
offer an enriching and caring
environment, expanding provision and
services available in order to meet
the needs of the community.
Summary of the main Para 1.17 and Meithrinfa SêrMôr Beaumaris offers
1.19
activities in relation to Early Years education and is staffed
those purposes for the by highly qualified and experienced
public benefit, in practitioners. We are registered with
particular, the activities, the Care Inspectorate Wales (CIW).
projects or services
identified in the We aim:
accounts.
●To provide a happy, secure
environment where children,
parents, carers, visitors and staff
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feel welcome and valued
●To develop a positive partnership
with parents, a vital part in
providing high quality care for all
children
●To allow each child to learn
through play giving them the care
and support needed for them to
develop at their own pace and to
the best of their ability
●To provide fun, stimulating and
age/stage appropriate activities,
equipment and experiences for
every child in our care.
●To support the child and promote
learning and growth in all areas of
their development.
●To provide positive attitudes
towards each other, respecting
others race, gender, disabilities,
culture and beliefs
●To ensure our staff are competent,
positive role models and are
provided with up to date training
throughout their journey with your
child.
●Ensure all children settle into the
Nursery environment as they
arrive to Meithrinfa SêrMôr
Beaumaris and have an enjoyable
time whilst they are with us.
Statement confirming Para 1.18 All trustees have received
whether the trustees documentation outlining the CIO
have had regard to the charity guidance and have an
guidance issued by the understanding of their responsibilities
Charity Commission on in the role.
public benefit
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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

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SORP reference
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The Charity has been highly effective
in meeting its objectives, setting up
and offering the community day care
with highly qualified staff in
employment. Numbers of users are
Summary of the main growing.
achievements of the
Para 1.20 Meithrinfa offers the community
charity, identifying the
valuable employment opportunities
difference the charity’s
which believes in professional
work has made to the
development and investing in workers
circumstances of its
and quality day care for the
beneficiaries and any
community.
wider benefits to society
as a whole.
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Additional information (optional)

You may choose to include further statements where relevant about:

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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
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Financial Review

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Review of the charity’s Para 1.21 The Nursery turnover is under
financial position at the £500,000 therefore detailed financial
end of the period accounting is not a requirement.There
is a small operating deficit for this
year, due to a short term reduction in
income from parents caused by the
ongoing Covid crisis. The balance of
the deficit was spent on the initial
refurbishment.
Statement explaining the Para 1.22 Reserves are to be held to cover any
policy for holding unforeseen expenditure and allow for
reserves stating why investment in equipment and
they are held facilities.
Amount of reserves held Para 1.22 £5000
Reasons for holding zero Para 1.22 N/a
reserves
Details of fund materially Para 1.24 N/a
in deficit
Explanation of any Para 1.23 Post Pandemic we are experiencing
uncertainties about the fewer children using our service, this
charity continuing as a is we think is in part due to the
going concern current financial crisis causing
parents to book fewer hours or none
at all, possibly more parents working
from home & managing without full
time childcare.
Our costs are rising, the minimum
wage increase and staff leaving &
needing to be replaced with people
demanding a higher rate has not
helped. We are also finding we need
higher staff ratios to younger children
at times using the nursery. Our rates
have increased but the future looks
uncertain
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Additional information (optional)

You may choose to include further statements where relevant about:

Funding is from Parents, with grants for 3& 4 year olds from Gwynedd Council & Ynys Mon Council. This year we also received Covid relief grants. The charity’s principal sources of funds (including any Para 1.47 fundraising)

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Investment policy and
objectives including any
social investment policy Para 1.46
adopted
A description of the
principal risks facing the Para 1.46
charity
Other
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Trust
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Panel interview. This must be
methods including represented by a minimum of:
details of any Chairperson, treasurer and secretary
constitutional provisions have overarching decision making.
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Additional information (optional) You may choose to include further statements where relevant about:

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Policies and procedures
adopted for the induction
and training of trustees Para 1.51
The charity’s
organisational structure
and any wider network Para 1.51
with which the charity
works
Relationship with any
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related parties Para 1.51 Other

Reference and Administrative details

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Charity name Meithrinfa SêrMôr Beaumaris
Other name the charity N/a
uses
Registered charity 1190307
number
Charity’s principal Meithrinfa SêrMôr Beaumaris
address
Beaumaris,
Anglesey
North Wales
LL588HL
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Names of the charity trustees who manage the charity

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Na
me
of
per
son
(or
bod
y)
Dates acted if not for enti
Trustee name Office (if any)
whole year tled
to
app
oint
tru
ste
e (if
any
)
1 Zalli Jones Chairperson
2 Louise Geering Secretary
3 Lyn Gallagher Member
4 Debbie Roberts Member
5 [Llyr Rees] Treasurer 08/07/2020
to25/04/2021
6 [Timothy George ] Treasurer 25/04/2021 to
Gallagher present
7
8
9
1
0
1
1
1
2
1
3
1
4
1
5
1
6
1
7
1
8
1
9
2
0
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Corporate trustees – names of the directors at the date the report was approved N/A Director name

Name of trustees holding title to property belonging to the charity N/A

Trustee	name Dates	acted	if	not	for
	whole	year

Funds held as custodian trustees on behalf of others N/A 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)

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.

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Signedon behalf of the charity’s trustees
T Gallagher
Signature(s) Z Jones
Timothy George Gallagher
Full name(s) Zalli Jones
Position (eg Chairperson Treasurer
Secretary, Chair,
etc)
Date
30/06/2022
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Meithrinfa Ser Mor CIO 27.07.2020 to 31.08.2021 (first accounts yea
PROFIT AND LOSS
INCOME EXPENDITURE
Fees £ 23,976.00 Wages
30 hour grant £ 17,424.00 Refurbishment
Grants £ 6,812.00 Equipment
Restritricted Fund £ 3,023.00 Expenditure
Misc
TOTAL INCOME £ 51,235.00 Membership
Phone
Training
Account write of
Other
INCOME £ 51,235.00 TOTAL EXPENSES
SURPLUS -£ 9,459.00
BALANCE SHEET
OPENING BALANCE £ 22,580.07
SURPLUS -£ 9,459.00
CLOSING BALANCE £ 13,121.07
-£ 4.50
BANK
Current £ 13,125.57
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r) £ 46,812.00 £ 8,139.00 £ 854.00 £ 933.00 £ 182.00 £ 649.00 £ 40.00 £ 144.00 £ 65.00 £ 2,876.00 £ 60,694.00

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fee fund vouch fund other
2104.5 130 490 245 2969.5
1642 2982 3082.28 501 72.5 8279.78
1476.5 88.5 1565
462 7177.5 421.68 535 8596.18
2135.5 1490.94 36 337.82 752 4752.26
919 7243.5 36 25 8223.5
934 29.12 963.12
9010.17 100 9110.17
8851.05 1442.03 10293.08
848 848
154 154
10675.5 35394.22 6436.93 1063 337.82 1847.12 55754.59 55754.59
wage rent utlities food consum equip office meet
3689.03 0 83.72 68.58 178.85 57.97 0
3835.23 0 0 79.01 47.39 241.02 47.53 0
3694.54 0 0 46.56 173.58 15.02 20 0
3703.8 2888.93 0 41.66 21.98 223.01 10 0
4082.88 0 0 80.23 0 36 32.65 0
4157.55 0 0 90.98 48.96 280.01 33.99 0
4252.61 0 0 68.91 87.32 7.99 35.96 0
3931.86 0 0 12.15 0
3918.02 0 0 31.17 0
3469.16 0 1433.39 109.26 0 86.76 79.76 0
4334.95 0 0 96.78 156.31 0 58.66 0
3700.01 0 3564.74 0 0 22 41.99 0
46769.64 2888.93 4998.13 697.11 604.12 1090.66 461.83 0
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other

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147.34 4225.49
270.28 4520.46
50 3999.7
222.2 7111.58
474.5 4706.26
4611.49
511.28 4964.07
15 3959.01
3949.19
169.99 5348.32
277.47 4924.17
7328.74
59648.48
2138.06 59648.48
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fund other 245 72.5 88.5 535 752 25 29.12 loo 245 72.5 88.5 535 1089.82 25 29.12 loo 337.82 337.82 1847.12 2184.94 2184.94

fee fund vouch fund other 2104.5 1642 1476.5 462 2135.5 919 934 130 2982 3082.28 490 501 245 72.5 88.5 535 752 25 29.12 loo 2969.5 8279.78 1565 8596.18 4752.26 8223.5 963.12 9110.17 10293.08 848 154 337.82 1847.12 55754.59 55754.59 7177.5 421.68 1490.94 36 36 337.82 7243.5 9010.17 8851.05 1442.03 848 154 10675.5 35394.22 6436.93 1063

132

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Meithrinfa Ser Mor Beavmaris members of

On accounts for the year August 31[st] 2021 Charity no 1190307 ended (if any) Set out on pages 2 2 (remember to include the page numbers of additional sheets)

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 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.

Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement 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 the 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 statement below.

Independent In connection with my examination, no matter has come to my attention examiner's statement (other than that disclosed below *)

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 Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.

Signed: Nicola Hooper Name: NICOLA HOOPER

Date: 15/06/2022

Relevant professional FMAAT

IER

qualification(s) or body (if any):

Address:

21 CHERRY TREE CLOSE EXETER DEVON EX4 5AT

Section B Disclosure Only complete if the examiner needs to highlight material problems.(E.g. accounting records have not been kept in accordance with s132 of the Charities’ Act 2011 and those accounts do not comply with the requirements of the 2008 Regulations setting out the form and content of charity accounts; any material expenditure or action which appears not to be in accordance with the trusts of the charity; any failure to be provided with information and explanations by any past or present trustee, officer or employee; and any material consistency between the accounts and the trustees’ annual report.)

IER

Give here brief details of any items that the examiner wishes to disclose .

IER