Chaflty rnglstratlon numbgr 1056969
CYLCH MEITHRIN PORTHMADOG
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

CYLCH MEITHRIN PORTHMADOG
LEGAL AND ADMINISTRATIVE INFORMATION
Truste•$
Anna Dukes
Jeffreys
Lois Jones
Erin
Charlty nurnb•r
1056*9

CYLCH MEITHRIN PORTHMADOG
CONTENTS
Pago
Stslement of re8Fonsibilities
Inde￿ndent auditorfs rer#yt
Slalemenl of financial •ctivilie5
Balance sheet
Slalemenl of cash
Notes to the financial sLitements
8-12

CYLCH MEITHRIN PORTHMADOG
REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial stslements for the year ended 31 March 2025.
The financial slalemenls have been prepared in accordance with the accounting pollaes sel out in note 1 to the
financial ststemenls and comply with the Charity's Igovetning documenti, the Charities Act 2011 and "Accounting
and Reporting by Charities.. Slalement of Recommended Practice applicable to charfcies preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102)" lefFe¢live 1 January 2019).
Objectives and actrvities
The aim of the Cylch Meithrin is to promote the education and development of children from Nvo ye￿S old to school
age. Children will be able to leam through play and socialise under the guidance of professional, walified and
dedicated staff.
There are over 500 Cylchoedd Meilhrin throughout Wales
Over 13,000 attend our Cylchoedd Meithrin and enjoy learning through play through the medium of Welsh.
Welsh is the language of the Cylch Meilhrin, but every child is welcomed lo attend the Cylch Meithrin whatever the
language spoken at home.
Special empashis is given on developing the Welsh language skills of every child
Play is very important lo every aspect of a child's development. Therefore, Ihe experiences and activities offered in
the Cyl¢hoedd Meilhrin are based on leaming through play. There is a special emphasis on language development
and the personal, sou21 and emotional development of children in the cylchoedd.
All children are warmly welcomed lo the cylchoedd whatever their colour, race, soaal class, famity status or
additional needs_ Children with additional needs are given extra support in order to enable them to join in all the
cylch's activities.
The Trustees have paid due regard to guidance issued by the Charity Commission in decAding what activities the
Charity should undertake.
Achievements and performance
This year the charity has made further investment in renewing and updating the Infrastructure. which c8n be seen
as an act of faith in Cykh Meithrin Porthmadog's future.
STRATEGIC REPORT
The Trustees were aware if their Surplus fund built up over the years. They invested in repairing and renewing the
children's play area oulisde and introduced a deC￿Ing facility.
The expenditure was foreseen as a prudent way lo secure the Cylch's future as an attfaclive. appealing and viable
community asset in a competitive environment.
Financial review
It is the policy of the Charty that unrestricted funds which have not been designated for a specifie use should be
maintained at a level equivalent to between three and six month's expenditure. The Tnjslees consider that reserves
al this level wll ensure that, in the event of a significant drop in funding, they will be able to continue the Charty's
current activities while consideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied Ihgl systems are in
place to mitigate exposure lo the m?jor risks.

CYLCH MEITHRIN PORTHMADOG
REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and managgment
The Charity is govemed by rt5 constitutM)n. It has been registergj as a tharity S•￿e 2015. The charity registration
number is 1056969 and rt operates from Ysgol Effj￿n V4*n. HvJh Street. Porihmadog. LL49 9NU . It is
unincorporated association.
The trustees named bel¢)w have served during the year. AJI trustee appointments are govemed by the constitution
and all appointments are approved by the Board of Trustees. The Board of Trustees is authorised to wpoint r￿rf
trustees lo fill vacancies arising through re*gnalion or death of an 8￿$tIng trustee.
The Board of Trustees meets once a year for annual m*went m8etings tl is during th68e meeting% that all
81gnificant decisions are made. Should any major dea￿onS arise for *thich thg board feel they do not p)sses8 the
relevant experience. they WOII ￿urCe exiem81 profvasional advice.
The Trustees have had regard lo the Charity Commiswon's guida￿ on public ben&fft.
The Trustees who seThed during the year and up to the date of signature of the finandal statements were..
The report was approved by the Board of Trustees.
Mlss Nla Roberts
Date..
..aS.1.121.2S.....................

CYLCH MEITHRIN PORTHMADOG
STATEMENT OF RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Tnjstees are responsible for preparing the Report and the financial statements in accordance wlh applicable
law and United Kingdom Accounting Standards {Uniled Kingdom Generally AccepledAccounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare finanoal statements for each
finan￿al year which give a true and fair vigw of the stste of affairs of the Charity and of the incoming resources and
application of ￿sOUrces of the Charity for that year.
In preparing these financial slalemenls, the Trustees are required lo..
select suitable accounting policies and then apply them consstentiy.,
observe the methods and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and kyudenl..
state whether applicable acLounting stsndards have been followed, subjed lo any material departures disclosed
and explained in the financial slatemenls., and
prepare the financigl statements on the going concem basis unless rt is inappropriate lo Presu￿ that the charity
will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuiacy at
any lime the financial position of the Charity and enable them to ensure that the financial slatemerts compty 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.

CYLCH MEITHRIN PORTHMADOG
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Unrestrlctod
funds
funds
2026
2024
Income from:
Donations and legaues
Charitable aclivitses
Investments
25.355
61.437
41
54,635
23,888
37
Total Incomo
86.833
78.560
Expendlturn on:
Charitable 8ckn"vilies
89.405
86.414
Tolal expendtturo
89,405
86.414
Not oxpgndlture and movemenl In fvnds
{2.5721
17,854)
R6conclllatlon of funds:
FLtnd balances al 1 April 2024
29,412
37,288
Fund balance8 at 31 March 2026
26.840
29.412
The slalemenl of financial acts'vilies ir￿jud¢S all gains and los￿ recognised in the year. All Income and expendilura
derive from continuing activities.

CYLCH MEITHRIN PORTHMADOG
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CYLCH MEITHRIN PORTHMADOG
I report to the Trustees on my eXam￿￿tIOn of the finarrial Statem￿18 of Cylch Meithrin Porthmthg (the Chartyl for
the year ended 31 March 2025.
ResponsSbllities and basis of rgport
As the Trustees of the Charity you are responsible for Ihe prepwation of the financial ststements in accord8n¢e wlh
the reouirements of the CharthesA¢t 20111tr* 2011 Adl.
I report in respe¢t of my examination of the Charity's finanoal statements carried under sethon 145 of the 2011
Act. In carying out my examination I have followed all lh8 applicable Direction$ glven by the Charity Commi85ion
under section 145151{bl of the 2011 Ad.
Independ&nt examln•fs staternent
Your attention is drawn lo the fact that the charity has prepared finantial statements in accordaTh2 V￿¢h Accounting
and Reporting by Charities prepanng Iheir accounts in acwdance wlh the Financial Report(ng Stsndard applicable
in the UK and Republic of Irèland IFRS 102) in prefe[er￿e lo the AeeountiThJ and Reporting by Chath"es.' Statement
of Recommended Practice issued cfi 1 Apn'l 2005 vthich is referred to in Ihe extant regulations but has now beèn
withdrawn.
l understand that Ihis has been done in ¢xder for financial statements to provhde a true and fair view in accordance
wf(h GenorallyAccepled A￿￿ntir￿j Prncaice effective for rerth'ng ￿riOdS beginning on Of after 1 January 2015.
I have completed my examination. I confifft that Tr) maliers have o)me to my attention In connecticn with the
examination giving me cause lo believe that in any material resp¢¢t'.
accounting records were not kept in respect of the Charity as required by section 130 of th8 2011 A<1; or
the finan¢ial slalemenls do not accord wih those rec4yds'. or
the financial statements do not Comply with the app￿cab￿ requirements concemlng Ihe form and cc￿lent of
accounts sel out in the Charitses (Accounts and Reports) Regulations 2008 other than any requirement that the
acwunls give a true and lair which 1$ not a matter curaidered as part of an independent examination.
I have no COr￿M$ and have come *7oss na other matters in ￿nnec*on wth tr* examination lo which attention
should be drawn in this report In ord8r to enatAe a proFer understandlrKJ of the finarval stalemerrts to be reached.
Dated.. .18

CYLCH MEITHRIN PORTHMADOG
BALANCE SHEET
ASAT31 MARCH2025
2025
2024
Current assets
Cash at bank and in hand
28.166
30,612
Creditors: amounts falling due within
one year
11
{1,326}
(1.2001
Net current assets
26.840
29,412
The funds of the Charity
Unreslrictsd funds
13
26.840
29,412
26.840
29,412
The financial statements were appr¢)ved by the Trustees on..O.SJJll.IS..
Miss Nia Roberts

CYLCH MEITHRIN PORTHMADOG
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flov•B from 0￿ra￿ng actlvltles
Cash absorbed by operaltons
15
12.487)
17,8911
Investlng actlvlt1è5
Investment income reoived
41
37
Net cash generated from Investlng
aetlvities
41
37
Net cash usad In financlng actlvltles
Not decr••s• In cash •nd cash equlwalents
(2.4461
17.854)
Cash and cash equivalents at Winning of year
30.612
38,466
Cash and cash •qulv•lonts •t ond of year
28.166
30,612

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng polklos
Chartty Infonnatlon
Cylch Meilhrin Porthmadog
1.1 Accountlng conventlon
The financial stslemenls have been prepared in ￿cOrdanCe ¥￿th th8 Chanty'$ Igoveming do¢umenll. the
Charities Act 2011. FRS 102 'The Finarri81 Rewkn'ng Stsndard appliCa￿e in Ihe UK and Republic of
Ireland. I'FRS 102.1 and the chankn.es SORP -AcLounting and Rewiing by Charities.. Slalemenl ol
Recommended Practice applicable to charities preparing their accounts in accordance with the Financaal
Reporting Standard appliCa￿e in the UK ar￿ Republic of Ireland (FRS 102). {effective 1 January 20191. The
Charity is a Public Benefft Entity as defined ty FRS 102.
The financial statements have departed from the Chariknes (Accounts and Reports) Regulations 2008 only to
the extent required lo provide a true ar￿ fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of thè Slalement of
Recommended Practice which is referred lo in thé R6gulatsons bul which has ￿nce been wthdrawn.
The financial statomenls are prepared in sterling, which is the fijrthnal currery of tho Charity. Monetsry
amounls in these finan￿al stalements are rounded to Ihe nearest £.
The financial stslemenls have l)een prepared under the historieal cost o)nvents'on, Imodified to include the
revaluation ol Ireehold properties and to indude investment properties and certain financial instrLmenls al fair
valuel. The principal accounling pdicies adopled are set QLrt beltrH.
1.2 Golng ¢onG•rn
At the lirne of approving the flnancial statements. the Trustees have a reasonable expectation that the Chadty
has adequate resources lo ¢onlinue in opgrational exstenee for the fcweseeable future. Thus the Tr(8lees
continue to adopt the going concem basis of accounting in preparing finanaal statemerrts.
1.3 Charltable funds
Unrestricie(S funds are availablo for use at the discretiM of the Trustee5 in furtherarKe of their charitable
objectives.
Reslricled fvnds are subject to speak corKlitions by th)r￿rn or granlors a8 to may be used. The
purposes and uses of the restricted l￿d5 are set (yjt in the notes to Ihe financial statemgnts.
Endowment funds are subject to s￿[fiC by donors that the tsFital must be molnlained by the
Charity.
1.4 Income
Sncome is recognised when the Chanty is leg￿ty enknlled to it after any pertcTharKe ¢ondtbon$ have been
met. the amounts can be measured relkgbiy, and it is probable that inc4)me will be rec8iV8d.
Cash donations are recognised on receipt. Otsr donations are recognised once the Charrty has been notified
of the donation, unless perfomiance o)nditions require deferral of the amwnt. Income lax recoverabl8 in
relation to donations received under GiftAid ¢y deeds of covenant is recognis&J 81 the time of the donation.
Legacles are recognised on receipt ￿ otheTh¥ise Fr the Charity has been notified of an impending distribution,
the amount is known, and receipt is expecaed. N the amwnt is not known, Ihe legacy is treated as a
contingent asset.

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
{Contlnued}
1.S Expenditure
Expendf(ure is recognised once there is a legal or conslrucbve obligation lo transfer eGonomic benefit to a
third paty, il is probable that a transfer of economic benefits will be required in settlement. and the amount of
the obligation can be measU￿d reliably.
Expenditure is Classified by activity. The costs of each activty are made up of the totsl of dIr￿t costs and
shared costs, induding support costs involved in undertaking each activity. Direct costs attributat4e to o single
activity are allocated diredy to that a¢tivity. Shared costs which ¢onlribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those a¢tivilYes on a basis
consislenl with the use of resour￿$. Central staff costs are allocated on the basis of tfme spent, and
depreualion charges are allocated on the portion of the asset's use_
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held al call with banks, oth8r short-lem liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in curfenl liabilities.
Basic financial assets
Basic financial assets, which indude debtots and cash and bank balances. are initialty measured at
transaGlion pri￿ including transaction costs and are subsequently carried at amortised cost using the effective
Interest method unless the arrangement constitute5 a finanang transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financral assets
classffied as receivable within one year are not amortised.
Basic flnanclal liabilities
Basic financial liabilities. including eredit¢ys and bank loans are initially recognised at transaction price unless
the 8rrallgement conslitules a financing transactlon. where the debt instrument is measured at the present
value of the future payments discounted al ? market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt inslnjmenls are subsequently carried al amortised cost, using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin￿ course of
Operat￿nS from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequenuy measured at amortised cost using the effective interest method.
Derecognition of financial liabillties
Financial liabilities are derecfjgnised when the Charl￿S contractual obligations expire or are discharged or
cancelled.
1.7 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
re￿ived.
Termination benefits are recognised immediately as an expense %then the Charity is demonstrably eommittod
to leiminale the employment of an employee or lo provide lerminalion berbefils.
1.8 Retirement benefits
Payments lo defined contrtbutton retirement benefft ￿heMeS are charged as an expense as they fall due.

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Crltlcal accountlng estlmales and Judgements
In the application of the Charity's accounting pdicies, the Trustees are required to make judgements,
estimates and assumptions about the cwrying amount of assets and liabilibes that are Th)t readily apparent
from other sources The estimates and associated assumptions a￿ based on historical experience and other
factors that are con8Klered to be rdevanl. Adual resuls may drffer Irom these estimates.
The estimates and underlying assumptions are rewewed on ￿ ongoing basis. Revisions to accounting
esbmales are Tecognised in the period in which the estimate is revised where the revision affects cnly Ihal
period, or in the period of the revision and future periods vknere the rewsK)n affects bolh current and future
periixls.
Donatlons and legacles
Unre¥trl¢tsd Unrestricted
funds
fvnds
2026
2024
Donatsons and gifts
25,355
54,635
Incom• from Inv•8tmonts
Unrestrlctèd Unrestrlct•d
funds
funds
2025
2024
Interest receiva￿e
41
37
Charltable acdvltles
2026
2024
Cyngor Gwynedd
61.437
23,888
Net movement in funds
2025
2024
The net movement in funds is *ated aftw charg1￿(credIllng).
Trustees
None of the Trustees {or any pers(￿ connected with th9m) receNed any remuneration or beneffts frcffl the
Charity during the year.
10-

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
The average monthly number of emt4oyees durirwJ the year wa5.. 5
2025
Number
2024
Number
Employment C￿ts
2026
2024
Wages and salaries
Other pension costs
80,921
3,088
70,711
2.092
84,009
72,803
There woro no employees ￿ annual reMunerat￿n vras more Ihan £60.000.
Remunor•tlon ol key manag•m•nt p•rnonnel
The remuneration of key management per80nnel was a¥ folknvs:
10 Taxatlon
The charity is exempl from laxatw)n on its activities because all its hxme aA)ll￿ for ¢haitsble PUTPO8es.
11 Credltorn: amounts falllng due wlthln one year
2026
2024
Trade creditors
1.326
1,200
12 Retlrement benefft schemes
2025
g024
Deflned contrlbutlon schemes
Charge lo profft or loss in re¥ped of defined contribulion schemes
3.088
2.092
The Charity operates a defined contributfv)n pension ￿eme for all qualtyng employees. The assets of the
scheme are held separately from ttKJse of the Charty in an indep8ndentty administered ftjnd.
11

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Unrestrlcted funds
The unrestricted fvnds of the charity compnse the unexpeThled balances of donations and grants wh￿h are
not subjed to spec¢fic conditsons by donors and grarrtors as to how Ihey may be used. These indude
designated fvnds which have ken set astde out of unrestricted furKls by the trustees for speufic purposes.
At 1 Aprll
Incomlng Resou￿8$ At 31 March
2024 rnsou¢ce•
expendèd
2025
General furKIs
29.412
86.833
(89,405>
26,640
Prèvlouy y8ar:
At 1 Aprfl
Incomlng Resouwces At 31 March
2023 reyourc
exwndèd
2024
General funds
37,266
78,560
{86,414)
29,412
14 Related party transactlon¥
There were no dIsdo$ab￿ row party transactions during ihe year {2024- none}.
16 Cash g•nèr•tod from operatlons
2025
2024
Oeficil for the year
12,5721
17.8541
Adjuslmenls for..
Investment income recognised in statemenl of finarKial activitses
1411
(371
Movements in working caprtal:
Increase in ueditors
126
Cash absorbgd by operatlons
(2,4871
17,8911
16 Analy$l¥ of changes In nel funds
The Charity had no material debt durirKJ Ihe year.
12-

Chaflty rnglstratlon numbgr 1056969
CYLCH MEITHRIN PORTHMADOG
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

CYLCH MEITHRIN PORTHMADOG
LEGAL AND ADMINISTRATIVE INFORMATION
Truste•$
Anna Dukes
Jeffreys
Lois Jones
Erin
Charlty nurnb•r
1056*9

CYLCH MEITHRIN PORTHMADOG
CONTENTS
Pago
Stslement of re8Fonsibilities
Inde￿ndent auditorfs rer#yt
Slalemenl of financial •ctivilie5
Balance sheet
Slalemenl of cash
Notes to the financial sLitements
8-12

CYLCH MEITHRIN PORTHMADOG
REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial stslements for the year ended 31 March 2025.
The financial slalemenls have been prepared in accordance with the accounting pollaes sel out in note 1 to the
financial ststemenls and comply with the Charity's Igovetning documenti, the Charities Act 2011 and "Accounting
and Reporting by Charities.. Slalement of Recommended Practice applicable to charfcies preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102)" lefFe¢live 1 January 2019).
Objectives and actrvities
The aim of the Cylch Meithrin is to promote the education and development of children from Nvo ye￿S old to school
age. Children will be able to leam through play and socialise under the guidance of professional, walified and
dedicated staff.
There are over 500 Cylchoedd Meilhrin throughout Wales
Over 13,000 attend our Cylchoedd Meithrin and enjoy learning through play through the medium of Welsh.
Welsh is the language of the Cylch Meilhrin, but every child is welcomed lo attend the Cylch Meithrin whatever the
language spoken at home.
Special empashis is given on developing the Welsh language skills of every child
Play is very important lo every aspect of a child's development. Therefore, Ihe experiences and activities offered in
the Cyl¢hoedd Meilhrin are based on leaming through play. There is a special emphasis on language development
and the personal, sou21 and emotional development of children in the cylchoedd.
All children are warmly welcomed lo the cylchoedd whatever their colour, race, soaal class, famity status or
additional needs_ Children with additional needs are given extra support in order to enable them to join in all the
cylch's activities.
The Trustees have paid due regard to guidance issued by the Charity Commission in decAding what activities the
Charity should undertake.
Achievements and performance
This year the charity has made further investment in renewing and updating the Infrastructure. which c8n be seen
as an act of faith in Cykh Meithrin Porthmadog's future.
STRATEGIC REPORT
The Trustees were aware if their Surplus fund built up over the years. They invested in repairing and renewing the
children's play area oulisde and introduced a deC￿Ing facility.
The expenditure was foreseen as a prudent way lo secure the Cylch's future as an attfaclive. appealing and viable
community asset in a competitive environment.
Financial review
It is the policy of the Charty that unrestricted funds which have not been designated for a specifie use should be
maintained at a level equivalent to between three and six month's expenditure. The Tnjslees consider that reserves
al this level wll ensure that, in the event of a significant drop in funding, they will be able to continue the Charty's
current activities while consideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied Ihgl systems are in
place to mitigate exposure lo the m?jor risks.

CYLCH MEITHRIN PORTHMADOG
REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and managgment
The Charity is govemed by rt5 constitutM)n. It has been registergj as a tharity S•￿e 2015. The charity registration
number is 1056969 and rt operates from Ysgol Effj￿n V4*n. HvJh Street. Porihmadog. LL49 9NU . It is
unincorporated association.
The trustees named bel¢)w have served during the year. AJI trustee appointments are govemed by the constitution
and all appointments are approved by the Board of Trustees. The Board of Trustees is authorised to wpoint r￿rf
trustees lo fill vacancies arising through re*gnalion or death of an 8￿$tIng trustee.
The Board of Trustees meets once a year for annual m*went m8etings tl is during th68e meeting% that all
81gnificant decisions are made. Should any major dea￿onS arise for *thich thg board feel they do not p)sses8 the
relevant experience. they WOII ￿urCe exiem81 profvasional advice.
The Trustees have had regard lo the Charity Commiswon's guida￿ on public ben&fft.
The Trustees who seThed during the year and up to the date of signature of the finandal statements were..
The report was approved by the Board of Trustees.
Mlss Nla Roberts
Date..
..aS.1.121.2S.....................

CYLCH MEITHRIN PORTHMADOG
STATEMENT OF RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Tnjstees are responsible for preparing the Report and the financial statements in accordance wlh applicable
law and United Kingdom Accounting Standards {Uniled Kingdom Generally AccepledAccounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare finanoal statements for each
finan￿al year which give a true and fair vigw of the stste of affairs of the Charity and of the incoming resources and
application of ￿sOUrces of the Charity for that year.
In preparing these financial slalemenls, the Trustees are required lo..
select suitable accounting policies and then apply them consstentiy.,
observe the methods and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and kyudenl..
state whether applicable acLounting stsndards have been followed, subjed lo any material departures disclosed
and explained in the financial slatemenls., and
prepare the financigl statements on the going concem basis unless rt is inappropriate lo Presu￿ that the charity
will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuiacy at
any lime the financial position of the Charity and enable them to ensure that the financial slatemerts compty 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.

CYLCH MEITHRIN PORTHMADOG
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Unrestrlctod
funds
funds
2026
2024
Income from:
Donations and legaues
Charitable aclivitses
Investments
25.355
61.437
41
54,635
23,888
37
Total Incomo
86.833
78.560
Expendlturn on:
Charitable 8ckn"vilies
89.405
86.414
Tolal expendtturo
89,405
86.414
Not oxpgndlture and movemenl In fvnds
{2.5721
17,854)
R6conclllatlon of funds:
FLtnd balances al 1 April 2024
29,412
37,288
Fund balance8 at 31 March 2026
26.840
29.412
The slalemenl of financial acts'vilies ir￿jud¢S all gains and los￿ recognised in the year. All Income and expendilura
derive from continuing activities.

CYLCH MEITHRIN PORTHMADOG
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CYLCH MEITHRIN PORTHMADOG
I report to the Trustees on my eXam￿￿tIOn of the finarrial Statem￿18 of Cylch Meithrin Porthmthg (the Chartyl for
the year ended 31 March 2025.
ResponsSbllities and basis of rgport
As the Trustees of the Charity you are responsible for Ihe prepwation of the financial ststements in accord8n¢e wlh
the reouirements of the CharthesA¢t 20111tr* 2011 Adl.
I report in respe¢t of my examination of the Charity's finanoal statements carried under sethon 145 of the 2011
Act. In carying out my examination I have followed all lh8 applicable Direction$ glven by the Charity Commi85ion
under section 145151{bl of the 2011 Ad.
Independ&nt examln•fs staternent
Your attention is drawn lo the fact that the charity has prepared finantial statements in accordaTh2 V￿¢h Accounting
and Reporting by Charities prepanng Iheir accounts in acwdance wlh the Financial Report(ng Stsndard applicable
in the UK and Republic of Irèland IFRS 102) in prefe[er￿e lo the AeeountiThJ and Reporting by Chath"es.' Statement
of Recommended Practice issued cfi 1 Apn'l 2005 vthich is referred to in Ihe extant regulations but has now beèn
withdrawn.
l understand that Ihis has been done in ¢xder for financial statements to provhde a true and fair view in accordance
wf(h GenorallyAccepled A￿￿ntir￿j Prncaice effective for rerth'ng ￿riOdS beginning on Of after 1 January 2015.
I have completed my examination. I confifft that Tr) maliers have o)me to my attention In connecticn with the
examination giving me cause lo believe that in any material resp¢¢t'.
accounting records were not kept in respect of the Charity as required by section 130 of th8 2011 A<1; or
the finan¢ial slalemenls do not accord wih those rec4yds'. or
the financial statements do not Comply with the app￿cab￿ requirements concemlng Ihe form and cc￿lent of
accounts sel out in the Charitses (Accounts and Reports) Regulations 2008 other than any requirement that the
acwunls give a true and lair which 1$ not a matter curaidered as part of an independent examination.
I have no COr￿M$ and have come *7oss na other matters in ￿nnec*on wth tr* examination lo which attention
should be drawn in this report In ord8r to enatAe a proFer understandlrKJ of the finarval stalemerrts to be reached.
Dated.. .18

CYLCH MEITHRIN PORTHMADOG
BALANCE SHEET
ASAT31 MARCH2025
2025
2024
Current assets
Cash at bank and in hand
28.166
30,612
Creditors: amounts falling due within
one year
11
{1,326}
(1.2001
Net current assets
26.840
29,412
The funds of the Charity
Unreslrictsd funds
13
26.840
29,412
26.840
29,412
The financial statements were appr¢)ved by the Trustees on..O.SJJll.IS..
Miss Nia Roberts

CYLCH MEITHRIN PORTHMADOG
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flov•B from 0￿ra￿ng actlvltles
Cash absorbed by operaltons
15
12.487)
17,8911
Investlng actlvlt1è5
Investment income reoived
41
37
Net cash generated from Investlng
aetlvities
41
37
Net cash usad In financlng actlvltles
Not decr••s• In cash •nd cash equlwalents
(2.4461
17.854)
Cash and cash equivalents at Winning of year
30.612
38,466
Cash and cash •qulv•lonts •t ond of year
28.166
30,612

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng polklos
Chartty Infonnatlon
Cylch Meilhrin Porthmadog
1.1 Accountlng conventlon
The financial stslemenls have been prepared in ￿cOrdanCe ¥￿th th8 Chanty'$ Igoveming do¢umenll. the
Charities Act 2011. FRS 102 'The Finarri81 Rewkn'ng Stsndard appliCa￿e in Ihe UK and Republic of
Ireland. I'FRS 102.1 and the chankn.es SORP -AcLounting and Rewiing by Charities.. Slalemenl ol
Recommended Practice applicable to charities preparing their accounts in accordance with the Financaal
Reporting Standard appliCa￿e in the UK ar￿ Republic of Ireland (FRS 102). {effective 1 January 20191. The
Charity is a Public Benefft Entity as defined ty FRS 102.
The financial statements have departed from the Chariknes (Accounts and Reports) Regulations 2008 only to
the extent required lo provide a true ar￿ fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of thè Slalement of
Recommended Practice which is referred lo in thé R6gulatsons bul which has ￿nce been wthdrawn.
The financial statomenls are prepared in sterling, which is the fijrthnal currery of tho Charity. Monetsry
amounls in these finan￿al stalements are rounded to Ihe nearest £.
The financial stslemenls have l)een prepared under the historieal cost o)nvents'on, Imodified to include the
revaluation ol Ireehold properties and to indude investment properties and certain financial instrLmenls al fair
valuel. The principal accounling pdicies adopled are set QLrt beltrH.
1.2 Golng ¢onG•rn
At the lirne of approving the flnancial statements. the Trustees have a reasonable expectation that the Chadty
has adequate resources lo ¢onlinue in opgrational exstenee for the fcweseeable future. Thus the Tr(8lees
continue to adopt the going concem basis of accounting in preparing finanaal statemerrts.
1.3 Charltable funds
Unrestricie(S funds are availablo for use at the discretiM of the Trustee5 in furtherarKe of their charitable
objectives.
Reslricled fvnds are subject to speak corKlitions by th)r￿rn or granlors a8 to may be used. The
purposes and uses of the restricted l￿d5 are set (yjt in the notes to Ihe financial statemgnts.
Endowment funds are subject to s￿[fiC by donors that the tsFital must be molnlained by the
Charity.
1.4 Income
Sncome is recognised when the Chanty is leg￿ty enknlled to it after any pertcTharKe ¢ondtbon$ have been
met. the amounts can be measured relkgbiy, and it is probable that inc4)me will be rec8iV8d.
Cash donations are recognised on receipt. Otsr donations are recognised once the Charrty has been notified
of the donation, unless perfomiance o)nditions require deferral of the amwnt. Income lax recoverabl8 in
relation to donations received under GiftAid ¢y deeds of covenant is recognis&J 81 the time of the donation.
Legacles are recognised on receipt ￿ otheTh¥ise Fr the Charity has been notified of an impending distribution,
the amount is known, and receipt is expecaed. N the amwnt is not known, Ihe legacy is treated as a
contingent asset.

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
{Contlnued}
1.S Expenditure
Expendf(ure is recognised once there is a legal or conslrucbve obligation lo transfer eGonomic benefit to a
third paty, il is probable that a transfer of economic benefits will be required in settlement. and the amount of
the obligation can be measU￿d reliably.
Expenditure is Classified by activity. The costs of each activty are made up of the totsl of dIr￿t costs and
shared costs, induding support costs involved in undertaking each activity. Direct costs attributat4e to o single
activity are allocated diredy to that a¢tivity. Shared costs which ¢onlribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those a¢tivilYes on a basis
consislenl with the use of resour￿$. Central staff costs are allocated on the basis of tfme spent, and
depreualion charges are allocated on the portion of the asset's use_
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held al call with banks, oth8r short-lem liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in curfenl liabilities.
Basic financial assets
Basic financial assets, which indude debtots and cash and bank balances. are initialty measured at
transaGlion pri￿ including transaction costs and are subsequently carried at amortised cost using the effective
Interest method unless the arrangement constitute5 a finanang transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financral assets
classffied as receivable within one year are not amortised.
Basic flnanclal liabilities
Basic financial liabilities. including eredit¢ys and bank loans are initially recognised at transaction price unless
the 8rrallgement conslitules a financing transactlon. where the debt instrument is measured at the present
value of the future payments discounted al ? market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt inslnjmenls are subsequently carried al amortised cost, using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin￿ course of
Operat￿nS from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequenuy measured at amortised cost using the effective interest method.
Derecognition of financial liabillties
Financial liabilities are derecfjgnised when the Charl￿S contractual obligations expire or are discharged or
cancelled.
1.7 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
re￿ived.
Termination benefits are recognised immediately as an expense %then the Charity is demonstrably eommittod
to leiminale the employment of an employee or lo provide lerminalion berbefils.
1.8 Retirement benefits
Payments lo defined contrtbutton retirement benefft ￿heMeS are charged as an expense as they fall due.

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Crltlcal accountlng estlmales and Judgements
In the application of the Charity's accounting pdicies, the Trustees are required to make judgements,
estimates and assumptions about the cwrying amount of assets and liabilibes that are Th)t readily apparent
from other sources The estimates and associated assumptions a￿ based on historical experience and other
factors that are con8Klered to be rdevanl. Adual resuls may drffer Irom these estimates.
The estimates and underlying assumptions are rewewed on ￿ ongoing basis. Revisions to accounting
esbmales are Tecognised in the period in which the estimate is revised where the revision affects cnly Ihal
period, or in the period of the revision and future periods vknere the rewsK)n affects bolh current and future
periixls.
Donatlons and legacles
Unre¥trl¢tsd Unrestricted
funds
fvnds
2026
2024
Donatsons and gifts
25,355
54,635
Incom• from Inv•8tmonts
Unrestrlctèd Unrestrlct•d
funds
funds
2025
2024
Interest receiva￿e
41
37
Charltable acdvltles
2026
2024
Cyngor Gwynedd
61.437
23,888
Net movement in funds
2025
2024
The net movement in funds is *ated aftw charg1￿(credIllng).
Trustees
None of the Trustees {or any pers(￿ connected with th9m) receNed any remuneration or beneffts frcffl the
Charity during the year.
10-

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
The average monthly number of emt4oyees durirwJ the year wa5.. 5
2025
Number
2024
Number
Employment C￿ts
2026
2024
Wages and salaries
Other pension costs
80,921
3,088
70,711
2.092
84,009
72,803
There woro no employees ￿ annual reMunerat￿n vras more Ihan £60.000.
Remunor•tlon ol key manag•m•nt p•rnonnel
The remuneration of key management per80nnel was a¥ folknvs:
10 Taxatlon
The charity is exempl from laxatw)n on its activities because all its hxme aA)ll￿ for ¢haitsble PUTPO8es.
11 Credltorn: amounts falllng due wlthln one year
2026
2024
Trade creditors
1.326
1,200
12 Retlrement benefft schemes
2025
g024
Deflned contrlbutlon schemes
Charge lo profft or loss in re¥ped of defined contribulion schemes
3.088
2.092
The Charity operates a defined contributfv)n pension ￿eme for all qualtyng employees. The assets of the
scheme are held separately from ttKJse of the Charty in an indep8ndentty administered ftjnd.
11

CYLCH MEITHRIN PORTHMADOG
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Unrestrlcted funds
The unrestricted fvnds of the charity compnse the unexpeThled balances of donations and grants wh￿h are
not subjed to spec¢fic conditsons by donors and grarrtors as to how Ihey may be used. These indude
designated fvnds which have ken set astde out of unrestricted furKls by the trustees for speufic purposes.
At 1 Aprll
Incomlng Resou￿8$ At 31 March
2024 rnsou¢ce•
expendèd
2025
General furKIs
29.412
86.833
(89,405>
26,640
Prèvlouy y8ar:
At 1 Aprfl
Incomlng Resouwces At 31 March
2023 reyourc
exwndèd
2024
General funds
37,266
78,560
{86,414)
29,412
14 Related party transactlon¥
There were no dIsdo$ab￿ row party transactions during ihe year {2024- none}.
16 Cash g•nèr•tod from operatlons
2025
2024
Oeficil for the year
12,5721
17.8541
Adjuslmenls for..
Investment income recognised in statemenl of finarKial activitses
1411
(371
Movements in working caprtal:
Increase in ueditors
126
Cash absorbgd by operatlons
(2,4871
17,8911
16 Analy$l¥ of changes In nel funds
The Charity had no material debt durirKJ Ihe year.
12-

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Se¢lion A
Independent Examiner's Report
Report to the trustees
On accounts for the year
ended
SIST
7aLS
Charity no
(If any)
los6q6q
Set out on pages
I report to the trustees on my 8xaminalion of the accounls of the above
charity ("the Trusv.) for the year end8d 31 +93 >ts.
Responsibilities and
basis of report
As the charity's trustees, 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 Tnjsl's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 14515llb) of the Act.
Independent ￿he charity's gross income exceeded £250,000 and l am qualified to
examinerfs statsment undertake the examination by being a qualified member of linsert name of
applicable listed FJ)dy]l. Delete I l if nol appliGable.
I have completed my exarnination. I confirm that no material matters have
come to my attention in connection with the examinathjn {other than that
disclosed below ") which gives me cause to believe that in. any material
respec*.'
the accounting records were not kept in accordance with sectk?n 130
of the Charities Act- or
the accounts did not accord with the accounling records., or
the accounls did not comply wilh the applicable requirements
conceming Ihe fomi and content of accounts sel out in the Charities
(Accounts and Reports) Regulations 2008 other Ihan any requirement
that the accounts give a 'true and fairf view which is not a rnatt8r
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understarKling of the accounts to be reached.
Please delete the words in the brackets rfthey do not apply.
Signed:
Date:
Ir.•&. Z•2r
Name:
g•4
Relevant professlonal
qualification(s) or body
(if any):
IER
Oct 2018

Address:
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern
(see CC32, Independent examination of charity accounts.. directions and
guidance for examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
Ao*ll.
IER
Oct 2018