## **Trustees’ Annual Report for the period** **From 01/04/22 Period start date To 31/03/2023 Period end date** ## **Charity name:Cylch Llandegfan** ## **Charity registration number: 1193775** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Provision of early years education to**
**children prior to them entering the**
**school system 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|**Provision of early years education to**
**children prior to them entering the**
**school system through the medium of**
**Welsh.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Not applicable**| **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**Not applicable**| |Policy on social investment
including program related
investment|Para 1.38|**Not applicable**| |Contribution made by
volunteers|Para 1.38|**All Trustees volunteered their time to**
**ensure the successful running of the**
**Cylch for another year.**| |Other||**Not applicable**| ## **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|**Provide all children that attend the**
**Cylch with early key stage education**
**and confidence to start the school**
**system through Welsh language. Also**
**supports the local community in**
**providing childcare.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|**Not applicable**| |Performance of fundraising
activities against objectives
set|Para 1.41|**Not applicable**| |Investment performance
against objectives|Para 1.41|**Not applicable**| |Other||**Not applicable**| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity is in a sound financial**
**position to continue operating.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**To hold sufficient funds to pay 3 months**
**salaries.**| |Amount of reserves held|Para 1.22|**£36,516**| |Reasons for holding zero
reserves|Para 1.22|**Not applicable**| |Details of fund materially in
deficit|Para 1.24|**Not applicable**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Not applicable**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|-
**Early years funding from Ynys**
**Mon Council**
-
**30 Hour free childcare scheme**
**provided by Welsh Government**
**administered by Gwynedd**
**Council**
-
**During year end 31/03/23 Cylch**
**Llandegfan received one off**
**funding / gift from Llandegfan**
**Playgroup Charity after they**
**ceased to operate.**| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Not applicable**| |A description of the principal
risks facing the charity|Para 1.46|**1. Reduction in the number of**
**children attending**
**2. Unable to find replacement for**
**staff or Trustees members**
**3. Opening of new childcare in local**
**area**| |Other||**Not applicable**| ## **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|**CIO**| |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|**Trustees are all volunteers**| ## **Additional information (optional)** You may choose to include further statements where relevant about: **Not applicable** Policies and procedures adopted for the induction Para 1.51 and training of trustees **Not applicable** The charity’s organisational structure and any wider Para 1.51 network with which the charity works **Not applicable** Relationship with any Para 1.51 related parties Other ## **Reference and Administrative details** |Charity name|Cylch Meithrin Llandegfan| |---|---| |Other name the charity uses|| |Registered charity number|1193775| |Charity’s principal address|30 Bro Llewelyn, Llandegfan, Menai Bridge LL59 5UP| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Sophie Parry|CIW Responsible
person||| ||Non Gwyn Jones|Chairperson||| ||Catrin Parry|Secretary||| ||Simon Jones|Treasurer||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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 Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable 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 Not applicable ## **Other optional information** Not applicable ## **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**||| |---|---|---| ||Simon Jones|| ||
Treasurer|| ||31/01/2024|| ||31/01/2024|| CYLCH LLANDEGFAN TRADING AS CYLCH MEITHRIN LLANDEGFAN UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 Clear AccourTrting Limited Parc Gwyddoniaeth Menai Gaerwen Ynys Mon LL60 6AG Cylch Llandegfan Trading As Cylch Meithrin Llandegfan Contents of the Unaudited Accounts For The Year Ended 31 March 2023 Contents Page Business Details Approval Accountant's Report Profit and Loss Account Balance Sheet Notes to the Accounts Cylch Llandegfan Trading As Cylch Meithrin Llandegfan Business Details For The Year Ended 31 March 2023 Proprletor Simon lones (Treasurer- Cylch L13ndegfan) Accountants Clear Accounting Limited Parc Gwyddoniaeth Menai Gaerwen Ynys Mon LL60 6AG Page I Cylch Llandegfan Trading As Cylch Meithrin Llandegfan Accounts Approval Statement For The Year Ended 31 March 2023 I approve these unaudited accounts which cornpri5e a Pmfit and Loss Account, Balance Sheet and related notes. l acknowledge rny ￿sponSIbl11tY for the accounts including the provision of all the information and explanations necessary for the completion. Signed Simon Jones jTre3surer - Cylch Uandegfanl 30th January 2024 Page 2 Cylch Llandegfan Trading As Cylch Meithrin Llandegfan Accountant's Report For The Year Ended 31 March 2023 In accordance with the engagement letter, we have prepared the accounts, which comprise the Pmfit and Loss account, the Balance Sheet and the related note5, from the accounting records, information and explanation5 provided to us. This report is made to you In accordance with the temis of our engagement. Our work has been undertaken to enable us to prepare the accounts on your behalf and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibllity to anyone other than to you, the cllent, for our work or for this report. You have approved and acknowledged your responsibility for these accounts. We have not been instructed to complete an audit of the accounts. For this reason, we have not verified the acCU￿cY or completeness of the accounting records, information or explanations you have provided. Therefore we do not express any opinion on the accounts. Signed ClearAccounting 30th January 2024 Clear Accounting Limited Parc Gwyddoniaeth Nenai Gaerwen Ynys Mon LL60 6AG Page 3 Cylch Llandegfan Trading As Cylch Meithrin Llandegfan Profit and Loss Account For The Year Ended 31 March 2023 2023 2022 Turnover Fees 20,301 12,466 other Operatin9 Income Grant5 and subsidie5 received Other income - contributing to other operating income 44,509 14.005 8,630 58,5L4 8,630 78,815 21,096 Expenditure Wages and salaries Staff tTrining Rent Equipment Accountancy fees Professional fees Subscriptions Bank charges Sundry expenses 39,597 19,724 15 5,409 304 145 221 70 125 85 15 389 236 46,055 20,282 32,760 814 Depreciation Depreciatlon of computer equipment 99 loo 99 loo NET PROFIT 32,661 714 Page 4 Cylch Llandegfan Trading As Cylch Meithrin Llandegfan Balance Sheet As At 31 March 2023 2023 2022 Notes FIXED ASSETS Tangible Assets CURRENT ASSETS Cash at bank and in hand loo 36,516 3,820 CURRENT LIABILITIES Trade creditors Other Taxes anij Social Security 64 63 NET CURRENT ASSETS 36,516 3,757 TOTAL ASSETS LESS CURRENT LIABILITIES 36,517 3,857 NET ASSETS 36,517 3,857 CAPITAL ACCOUNT Balance at l Aprll 2022 PmfiVILossl For the period/year 3,856 32,661 3,143 714 Balance Carried Forward 36.517 3,857 Page 5 Cylch Llandegfan Trading As Cylch Meithrin Llandegfan Notes to the Accounts For The Year Ended 31 March 2023 Accounting Policy These unaudited accounts have been completed in accordance with UK GeneTrlly Accepted Accounting Practice guidelines and provides sufficient and relevant Infomation to enable completion of a tax return. 2. Tangible Assets Computer Equipment Cost As at l April 2022 299 As at 31 March 2023 299 Depreciation As at l April 2022 Provided during the period 199 99 As at 31 March 2023 298 Net Book Value As at 31 March 2023 As at l April 2022 loo Page 6