OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Registered Charity Number: 1190453 Company Number: CE022569

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2023 for

Cylch Meithrin Llanuwchllyn

Cylch Meithrin Llanuwchllyn

Contents of the Financial Statements For the Year Ended 31 March 2023

Page
Trustees Annual Report/Adroddiad Blynyddol 1 – 9
Independent Examiners Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 – 16
Detailed Statement of Financial Activities 17 – 18

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

OBJECTIVES AND ACTIVITIES

Objectives and Aims

The Charity’s objective is to advance the education of pre-school children in Llanuwchllyn through the medium of the Welsh language. This is done by providing and presenting a safe and satisfying play and activated, by arranging other charitable activities in order to help parents support their children, and by promoting the aims of Mudiad Ysgolion Meithrin and presenting them to parents/guardians; encouraging them to send their children on to Welsh medium education.

Benefit to the Public

In panning our work for the year, the trustee and executive committee have considered the charity commission guidance on public benefit. In particular, we try to help and support parents and guardians from the local community.

Significant Activities

Cylch Meithrin Llanuwchllyn is a nursery school providing education for children aged from two and a half to four years.

1

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

ANNUAL REPORT/ADRODDIAD BLYNYDDOL

Adroddiad Blynyddol y Person Cofrestredig am Gylch Meithrin Llanuwchllyn 20222023.

Cefndir yr Adroddiad:

Wrth i gyfyngiadau Covid-19 lacio, gwnaethpwyd hyn mewn modd oedd yn parhau i sicrhau iechyd a diogelwch y plant. Y flwyddyn hon roedd modd i’r plant meithrin mwy a llai gymysgu gyda’i gilydd unwaith yn rhagor sydd wedi bod yn Oherwydd sefyllfa Covid-19 bu rhaid i’r Cylch Meithrin gau am gyfnod o Ionawr 4 – Chwefror 24 2021. Tra mae’r Cylch Meithrin wedi bod ar agor maent wedi cydymffurfio â chanllawiau iechyd a diogelwch.

Er mwyn creu adroddiad a oedd yn ddiweddar a chywir, casglwyd gwybodaeth o:

Cefndir y Cylch

Mae’r Cylch yn parhau i gael ei gynnal 4 prynhawn yr wythnos (Llun i Iau) rhwng 12:30 a 3:00 yn Neuadd Bentref Llanuwchllyn. Mae hawl gennym dderbyn hyd at 24 o blant i’r Cylch. Mae 3 aelod o staff yn cael eu cyflogi, sef 1 arweinydd a 2 gymhorthydd. Mae’r Cylch yn sicrhau ei fod yn rhan annatod o’r gymuned ac yn ymdrechu bob amser i ymuno yng ngweithgareddau’r gymuned e.e. Eisteddfodau, cyngherddau ac ati. Mae’n parhau i fod â chyswllt agos â’r ysgol leol, Ysgol O.M Edwards, sy’n sicrhau bod y plant sy’n trosglwyddo wedi arfer â’r sefydliad a’r staff.

Cafodd y broses o ddod yn bwyllgor CIO ei gwblhau yn ystod y flwyddyn diwethaf.

Nodweddion Cadarnhaol

Rhieni

2

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

Ymatebion gan rieni i’w hystyried

Plant

Llwyddiannau’r flwyddyn

3

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

Sicrhau ansawdd yn y Cylch

Mae gweithdrefnau’r Cylch yn cydymffurfio â rheoliadau a gofynion statudol sefydliadau allanol Arolygiaeth Gofal Cymru (AGC) a Mudiad Ysgolion Meithrin

Cyfathrebu / Rhannu gwybodaeth

Agweddau i’w datblygu

4

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2025

Crynodeb

O fod wedi derbyn sylwadau gan rieni, staff a’r plant y cylch meithrin, gallwn ymfalchïo yn llwyddiant y Cylch i sicrhau'r addysg orau drwy amrywiaeth o weithgareddau mewn awyrgylch hapus. Gyda’r cyfyngiadau COVID-19 yn llacio yn ystod y flwyddyn, braf oedd eleni cael ailddechrau cynnal gweithgareddau amrywiol ac yn arbennig galluogi i’r criw meithrin mwy ac iau cymysgu gyda’i gilydd fel un criw unwaith yn rhagor. Yn ystod y flwyddyn mae’r Cylch bellach yn wedi cael ei gofrestru a’r CIO a diolchwn i Siân Gwent am ei holl waith gyda hyn. Am flwyddyn arall sicrhawyd amrywiaeth o weithgareddau, teithiau addysgol o amgylch y fro gan ehangu ar amrywiaeth sgiliau a hyder y plant.

Bu’r cydweithio agos rhwng ysgol O.M. Edwards a phwyllgor y Neuadd Bentref o gymorth i sicrhau hyn. Hyfryd pob amser yw gweld cydweithio rhwng y Cylch Meithrin a sefydliadau a chymdeithasau eraill yn y gymuned. Wrth geisio paratoi ar gyfer tymor newydd gobeithiwn i barhau a’r hyn sydd eisoes yn cael ei gynnig ac ehangu hyd yn oed fwyfwy ar brofiadau addysgol y plant a pherthynas y Cylch a’r gymuned.

*Bydd copi o’r adroddiad yn cael ei anfon i AGC a bydd copi yn cael ei gadw yn y Cylch (dan ofalaeth yr Arweinydd) lle bydd croeso unrhyw amser i riant neu aelod o staff y Mudiad Meithrin ei ddarllen. Bydd yr adroddiad yn cael ei gyflwyno yn y Pwyllgor Blynyddol.

Llawer o ddiolch ichi am eich cydweithrediad a’ch cefnogaeth ar hyd y flwyddyn.

5

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

FINANCIAL REVIEW Reserves Policy

It is the view of the Trustee and the voluntary Committee that sufficient reserves should be maintained to enable our charitable activities to continue for at least twelve months. This would in our view provide sufficient time for all those that rely on our services to find replacement support services should a worst case scenario occur and the Cylch is continuing in its aim to reach this goal.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document

The Charity is controlled by its governing document, its constitution dated 17 July 2020 and constitutes a charitable incorporated organisation.

Recruitment and Appointment of New Trustees

Membership of the Charity shall be open to:

6

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational Structure

The Charity shall be steered by a Committee, which will bear the responsibility to ensure that it functions in accordance with its aims. The Committee should meet at least three times a year and shall be comprised of:

A proportion of the Committee, subject to a maximum of two-thirds, at the time of election or co-option, shall be parents or guardians of Cylch Meithrin children.

In order for any meeting to be quorate, there will need to be two officers and 35% of the Committee’s membership (excluding officers) present.

The committee shall have the right to co-opt and to appoint any sub-committee and to specify the nature and extent of its work. All acts and proceedings of such sub-committee shall be fully and promptly reported to the Committee.

The management and administration of the Charity shall be vested in the Committee. All necessary rights to ensure that the day to day activities of the Charity are carried out effectively are vested in the Chairman. The Chairman shall report on the use of these powers to the next meeting of the Committee.

Officers and members of the Committee shall be elected at the general meeting for a period of a year. They may be re-elected for a further term provided they have not been members of the Committee for three consecutive years.

Co-opted members should be elected on the occasion of every annual general meeting. Coopted members shall not be members of the Committee for a period of more than five consecutive years (not including any period of time spent as an Officer or elected member of the Committee).

On the occasion of the resignation or death of an elected member, the Committee shall have the right to appoint another member to fill the gap.

7

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational Structure

No paid employee of the Charity shall be a member of the Committee or vote. The employee or his/her representative may receive an invitation to attend a meeting in order to advise and should be invited to attend the Committee for this purpose. It shall not be necessary for them to attend throughout the duration of the meeting.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number 1190453

Company Number CE022569

Principal Address Neuadd Bentref Llanuwchllyn Bala Gwynedd LL23 7TT

Trustees

Ms Anna Mitchell Ms Nerys Siddall Ms Grisial Llewelyn Dr Sian Gwent

Independent Examiner

Dylan Evans BA FCA Hill and Roberts Limited Chartered Accountants 50 High Street Mold Flintshire CH7 1BH

Bankers

HSBC Bank PLC 56 High Street Bala Gwynedd LL23 7ND

8

Cylch Meithrin Llanuwchllyn

Report of the Trustees For the Year Ended 31 March 2023

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on ………………………..and signed on its behalf by:

………………………………………… Trustee

9

Independent Examiners Report to the Trustees of Cylch Meithrin Llanuwchllyn

I report on the accounts for the year ended 31 March 2023 set out on pages eight to sixteen.

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 Charities Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the Independent Examiners 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 statements below.

Independent Examiners Statement

In connection with my examination, no matter has come to my attention:

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.

……………………………………….. ………………………… D V Evans BA FCA Date Hill and Roberts Limited

10

Cylch Meithrin Llanuwchllyn

Statement of Financial Activities for the Year Ended 31 March 2023

31/03/23 31/03/22
Unrestricted Restricted Total Total
Fund Fund Funds Funds
Notes £ £ £ £
INCOMING RESOURCES
Activities to Promote the Charity’s
Objectives
Grants 24,291 - 24,291 19,288
Activities to Generate Income
Children’s Fees & Fundraising 6,461 - 6,461 6,006
Interest Received 9 - 9 -
-------- -------- -------- --------
Total Income 30,761 - 30,761 25,294
RESOURCES EXPENDED
Charitable Activities 29,646 - 29,646 29,484
Support Costs 1,028 - 1,028 1,041
-------- -------- -------- --------
Total Expenditure 30,674 - 30,674 30,525
-------- -------- -------- --------
NET MOVEMENT IN FUNDS 87 - 87 (5,231)
RECONCILIATION OF FUNDS
TotalFunds Brought Forward 6,764 - 6,764 11,995
---------- --------- -------- ----------
TotalFunds Carried forward 6,851 - 6,851 6,764
====== ===== ===== ======

11

Cylch Meithrin Llanuwchllyn

Balance Sheet as at 31 March 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 411 515
-------- --------
CURRENT ASSETS
Stocks 5 - -
Debtors 6 - -
Cash in Hand and at Bank 8,149 9,027
-------- --------
8,146 9,027
CREDITORS
Amounts falling due
within one year 7 (1,709) (2,778)
-------- --------
NET CURRENT ASSETS 6,440 6,249
-------- ---------
NET ASSETS 6,851 6,764
===== =====
FUNDS £ £
Unrestricted Funds 8 6,851 6,764
Restricted Funds 8 - -
-------- --------
TOTAL FUNDS 6,851 6,764
===== =====

The financial statements were approved by the Board of Trustees on ………………………… and were signed on its behalf by;

………………………………………. Trustee

12

Cylch Meithrin Llanuwchllyn

Notes to the Financial Statements for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of the preparing the financial statements

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practices: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United kingdom and Republic of Ireland (FRS102) the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS102.

The financial statements are prepared in sterling, which is the functional currency of the entity.

In line with the guidance issued by the Charity Commission the charity has adopted the accruals method of accounting for its incoming and outgoing resources.

Funds structure

The charity has a single unrestricted income fund, which the trustees are free to use for any purpose in furtherance of the charitable objectives.

Income

All income is recognised in the Statement of Financial Activities once the entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible Fixed Assets

Depreciation is proved at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment - 20% on reducing balance

13

Cylch Meithrin Llanuwchllyn

Notes to the Financial Statements for the Year Ended 31 March 2023

Tangible Fixed Assets (continued)

Capital assets with a cost in excess of £100 and an expected useful life of more than one year are capitalised onto the balance sheet.

Fixed assets are, as alluded to above, stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items

Taxation

The charity is exempt from tax on its charitable activities and is not registered for value added tax.

2. TRUSTEES REMUNERATION AND BENEFITS

Trustees Remuneration

There were no trustees’ remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees Expenses

There were no trustees expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

3. STAFF COSTS

The average monthly number of employees during the year was as follows:

31/03/23 31/03/22
£ £
Paid Employees 3 4
===== =====
No employees received emoluments in excess of £60,000.

14

Cylch Meithrin Llanuwchllyn

Notes to the Financial Statements for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS

4.
TANGIBLE FIXED ASSETS
Computer
Equipment Total
£ £
COST
At 1 April 2022 760 760
Additions - -
-------- --------
At 31 March 2023 760 760
===== =====
DEPRECIATION
At 1 April 2022 245 245
Charge for Year 104 104
-------- --------
At 31 March 2023 349 349
===== =====
NET BOOK VALUE -------- --------
At 31 March 2023 411 411
===== =====
At 31 March 2022 515 515
===== =====
5.
STOCKS
31/03/23 31/03/22
£ £
Stocks - -
===== =====
6.
DEBTORS
31/03/23 31/03/22
£ £
Other Debtors - -
===== =====

15

Cylch Meithrin Llanuwchllyn

Notes to the Financial Statements for the Year Ended 31 March 2023

7. CREDITORS

CREDITORS
31/03/23 31/03/22
£ £
Trade Creditors - 1,102
Taxation and Social Security 459 472
Other Creditors 1,250 1,204
-------- --------
1,709 2,778
===== =====

8. MOVEMENT IN FUNDS

At 31 Incoming Outgoing At 31
March Resources Resources March
2022 2023
£ £ £ £
Restricted funds - - - -
Unrestricted funds 6,764 30,761 30,674 6,851
-------- -------- -------- --------
TOTAL FUNDS 6,764 30,761 30,674 6,851
===== ===== ===== =====

9. ANALYSIS OF NET ASSETS BETWEEN FUNDS

9.
ANALYSIS OF NET ASSETS BETWEEN
FUNDS

General
Fund
£
Tangible fixed assets 411
Net current assets 6,440
--------
£6,851
=====

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

16

Cylch Meithrin Llanuwchllyn

Detailed Statement of Financial Activities for the Year Ended 31 March 2023

31/03/23 31/03/22
£ £
INCOME
Grant Income
Gwynedd Council Subsidy 24,291 17,788
Grant Mudiad Meithrin - 1,500
HMRC Furlough Scheme - -
-------- --------
24,291 19,288
Activities to Generate Income
Children’s Fees 6,361 6,006
Donations - -
Trip Receipts - -
Photo Commission - -
Sundry Income 100 -
Fundraising Events - -
-------- --------
6,461 6,006
Interest Received 9 -
-------- --------
Total Incoming Resources 30,761 25,294
===== =====

17

Cylch Meithrin Llanuwchllyn

Detailed Statement of Financial Activities for the Year Ended 31 March 2023

31/03/23 31/03/22
£ £
EXPENDITURE
Charitable Activities
Wages 22,768 20,367
Tacsi i’r Plant 1,585 3,240
Membership 182 10
Premises costs 1,500 1,500
Insurance 180 180
Sundries 142 269
Resources, Toys and Other Educational Materials 1,384 2,653
Training Costs 24 24
Spent on the Community - -
Fundraising costs - -
Food costs 480 438
Cleaning costs 10 42
Trip Costs 456 305
Repairs and Renewals 351 -
Printing, Postage and Stationary 349 298
Computer Equipment depreciation 104 128
Bank charges 131 30
-------- --------
29,646 29,484
Support Costs
Independent examiner’s fee 780 696
Payroll Costs 248 345
--------- --------
Total Resources Expended 30,674 30,525
===== =====
---------- ---------
Net Income / (Expenditure) £87 £ (5,231)
====== =====

18