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2024-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2023 To 31/03/2024

Charity name: Cylch Meithrin Llanbedr

Charity registration number: 1191324

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 Preschool education and care to children
aged between 2 and 4 through the
medium of Welsh
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
Childcare and Early Years Educational
activities in line with Gwynedd Council,
CIW and Estyn requirements through the
medium of Welsh. Various play-based
activities including in the natural
environment that promote children's
physical, creative, personal and social
skills as well as developing numeracy
and linguistic skills in line with the
current curriculum.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 Trustees stay up to date with guidance
and responsibilities. Trustees have
recently completed Training for Charity
Trustees.

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

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The Cylch aims to give children from the
age of two the best start in their
educational journey enabling them to
develop their full potential. There is an
opportunity for children to socialise and
learn through play led by our
professional, friendly and enthusiastic
staff. We also pride ourselves on being a
diverse and inclusive setting ensuring
that no one is excluded, and all children
are educated about the world around
them.
In addition, we ensure parents and carers
of the community can access affordable
childcare enabling them to increase
working hours or gain new employment.

Additional information (optional) You may choose to include further statements where relevant about:


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

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 £5,361.32 deficit at end of financial year.
This is due to decrease in funding,
fundraising and grants alongside
increased costs. £2,768.03 cash in bank
at end of financial year.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Some cash is retained for acquiring new
resources and to ensure there is a safety
net when numbers drop at the end of the
academic year.
Amount of reserves held Para 1.22
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Trust deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated Association CIO formed
17/09/2020
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Chosen by Committee

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction and
training of trustees

Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name Cylch Meithrin Llanbedr
Other name the charity uses N/A
Registered charity number 1191324
Charity’s principal address Neuadd Bentref
Llanbedr
Gwynedd
LL45 2NW

Names of the charity trustees who manage the charity

1
2
3
4
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10
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19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Jane Thomas Chair 8thAugust -present
Rebekah Murfet 8thAugust -present
Sian Pugh Secretary 10thJanuary–present

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None 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.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s)

Position (eg Secretary, Chair, etc)

Date

Ysgol Fellhrln Lianbedr A¢¢ounts foi Year Ended WOW24 Bankststementas of 31103123 É 8.129.35 Income and Expendlture 202>2024 Income Donations Grants Funded houis Children's hours Wages Fundiaislng 2.￿0.00 2,670.00 24,231.08 18,355.20 1.085.62 1.598.46 Total 49,940.36 Expendlturè Repayment of fees Wages Fundraising Resources and Overheatjs Sundries and Bank Chafges 71.25 £ 48.322.44 320.00 £ 6.527.99 60.00 Totsi £ 55,301.68 Income over Expendfture -£ 5.361.32 Bankstatement as 0131103124 £ 2.768.03 As per bank ststement Dated 31st March 2024 £ 2.768.03

Ysgol Felthrln Lianbedr A¢countslorYear Ended 31103124 Bank Ststement as of 31103123 £ 8.129.35 Incorne and Expendlthre 202>2024 Income Donations Grants Funded hours Children's hours Wages Fundralslng £2.000 £2,670 / £24.231 £18,355 £1,038 iosg &Z £1.646 Totsl £ 49.940.36 ,/ r;: ks, , I Expendlture Repaymentof fees Wages Fundralsing Resources and Cwerheads Sundrles and Bank Charges 71.25 £ 48.322.44 }' 320.00 4* £ 6.527.990" 60.00 - Tolal £ 55.301.68 / Income over Expendlture * £ 5.361.32 k(, èankstatement as 0131103124 £ 2.7e8.03 As per bank statement Dated 31st March 2024 £ 2,768.03 ..W t_