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2023-03-31-accounts

Trustees Annual Return

April 2022- March 2023

CYLCH MEITHRIN BEDDAU

Reference & Administrative Details

Structure, Governance & Management

Objectives & Activities

Achievements, Performance and Financial Overview

Reserves Policy

Public Benefit Statement

Plans for Future Periods

Reference & Administrative Details

CYLCH MEITHRIN BEDDAU

Charity Registration Number: 1193056

Charity Address:

Llys Y Cwm, Gwaunmiskin Road, Beddau, Pontypridd CF382AU

Trustees:

Bethan Dunford; Resigns February 2023

Charlotte Meese; Resigns February 2023

Megan Ryan; March 2020

Laura Burnett; December 2022

Rhiannon Page; December 2022

Rhian Weeks; December 2022

Structure, Governance & Management

The Constitution is in line with the Governing structure of the Cylch Meithrin.

The Constitution was adopted January 2021.

Trustees are appointed by committee and responsible individuals.

Management is held by Committee members, Charity Trustees and relevant appointed staff.

A range of policies and procedures are in place in line with childrens daycare regulations, Mudiad Meithrin and Employment Law that are reviewed annually.

The Cylch Meithrin charitable registration was changed in January 2021 to a Charity Incorporated Organisation (CIO), to better protect the charity and its committee.

Objectives & Activities

The Charity has been established with the following objectives:

To advance the education of preschool children through the medium of the Welsh language in line with Welsh Government foundation phase and children daycare and play regulations.

To Support working parents by providing wrap around for those attending part time school and a community wide function and support for families in the area.

To help preschool children to transition into school particularly through the medium of Welsh.

Achievements, Performance & Financial overview

We have successfully maintained the afternoon wrap around session to Ysgol Gymraeg Castellau which enables us to provide a service of care to more children.

Continue to develop and sustain the growth of the charity and the service we provide for the children and families of the local community.

We have continued to develop and sustain the growth of the charity and the service we provide for the children and families of the local community through starting the application for Dechrau Deg / Flying Start. We have employed three new members of staff and promoted a staff member to staff leader; we have appointed four new Committee Trustees and accepted the resignation of two Committee Trustees.

We have advertised for and appointed new managers who will assist in the day to day administration, grant applications, staff appraisals and development and new opportunities.

For the financial years ended 31 March 2022 and 31 March 2023 the results have been prepared on a receipts and payments basis.

The results for 2023 show an increase in income from £84,176.76 to £87,221.30.

Expenditure has increased from £79,495.43 to £92,879.00 a large proportion of this is due to increased staffing qualifications and level. As with previous years the largest areas of spend being salaries.

The above results show the period from the 31st March 2022 to the 1st April 2023.

Reserves Policy

To the best of our understanding the cash reserve covers at least one month for a wind down situation for salary and outgoing costs.

Deficit funds are not Applicable as managing of general wear and tear is through fundraising.

No funds are held as a Custodian Trustee on Behalf of Others.

Public Benefit Statement

All trustees have read and understood the responsibilities in respect of public benefits.

To the best of our knowledge there have been no challenges to the public benefits to Cylch Meithrin Beddau.

Plans for Future Periods

We are still in discussion with local authorities relating to an extension being built at YGG Castellau. This will allow us to move the entire session to YGG Castellau, enabling us to further develop and grow the service.

To achieve Dechrau Deg / Flying Start status (Registration for this has been accepted September 2022).

Research opportunities to expand Cylch Meithrin Beddau.

Maintain good relationships with local services; Community Council, YGG Castellau, Ysgol Garth Olwg.

FFURFLEN INCWM A GWARIANT / INCOME AND EXPENDITURE FORM Cylch Meithrin Beddau

Income 2022- 2023
Government Childcare 30 hour funding £38,130.00
Child Fees £46,841.30
Fundraising
Other (salary repayments)
£250.00
Grants
Employer Incentive Scheme
£500.00
£1,500.00
Total £87,221.30
Expenditure 2022- 2023
Salaries / HMRC
HR
Playworks / Payroll
£80,121.74
£216.00
£695.00
Rent £7,662.76
Mudiad Membership Fee £125.00
Equipment & Resource
MIscellaneous
Advertising
£3,550.18
£380.00
£28.32
Training £100.00
Total £92,879.00
Loss for the year (£5,657.70)
Cash at Year Start (bank account)
Business
Community
£15,043.01
£5,856.82
Cash at Year End (bank account)
Business
Community
£13,252.73
£1,989.40

Independent Examiner's Report to tht Trustees of Cylch Melthrin Bedd4u- Charity Registration number: 1193056 Iwdependent ¢xamiier's report to the trujteej of Cylch M*lthrln Beddau. I report to the In￿¢¢¢5 un my examination of th¢ accounts of the Cylcll Mcithrin Beddau (Lhc Charilyl for thc year ended 31 March 2023. Ruponiibilities bAsls of report As ihc ¢h4riiy's Irusiccs of ih¢ Charity you are rcsponsible for the preparation of the Acwunts in accordanLr with the rtquirem¢nt5 or the Chaiilies Act 2011 I'the kn"). I report in resP￿t of my examin￿70￿ of the Charity'% Accoun1% carricd oui utkl¢r s¢¢tion 145 ofihe 2011 Act and in Earrying out my examination I have followed ttll th¢ applicable DireLXiOnS given by Ihe Charity CuJllrni%sion under Section 145(5) (bl of ihe Act. Independent examlner s Atatement I hay¢ wmplLted my examinution. l Lonfirm Ihal Tnaterial matters have come to my attention in Lonneciion wilh thE ex&rnination 8ivin8 mc caust io b¢licvc thai in arly mdierial &%p¢rt'. Accounting rL'Lurd% wcrc not k¢pl in f¢S5K¢I ofthc Charity ￿ required by 5ectron 130 of the A¢i.' or Ihe QL¢ount% do nol accord with thasc r¢Lords. I have no con¢wns and havc come a¢TOSS no oihcr matl¢rs in wnne¢tion with thc cx&minytion lo whi¢h ullcntion ¥hould be drawn in thi5 rcwrt in vrder to Lnuble 8 prup¢r und¢r¥lundin8 ofthe o¢counis tu be rcached. Si8ned GHrelh l.rnnci Q'Bri¢n & Partncr Ai¢vunlanl¥ dnd lJusin&i¥ Advi&or3 Hi¥hdalL I lou%e 7 Cenirc Lourt I'rcforc51 Industrial fsiate Pontypridd Rhondda Lynon'14Lff Cb'37 SYR l)ak. 30., •ril 202W.