## **Trustees’ Annual Report for the period**
## **From Period start date To 01 April 2023 Period end date 31 March 2024**
## **Charity name: Cylch Meithrin Ffairfach**
## **Charity registration number:1194106 Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Cylch Meithrin Ffairfach provides**
**childcare for 2 and 3 year olds through**
**the Welsh language.**|
|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|**Cylch Meithrin Ffairfach has provided**
**good quality Welsh medium and flexible**
**childcare to local families.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Trustees have read the appropriate**
**guidance.**|
## **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|**Cylch Meithrin Ffairfach is in the heart**
**of the village of Ffairfach and provides a**
**safe and caring environment for 2 and 3**
**years to socialise and develop**
**friendships.**
**The Cylch offers the opportunity for new**
**parents to meet each other. This is**
**particularly helpful for parents who may**
**not have a additional support structure**
**from family.**
**The Cylch provides an introduction to**
**the education pathway and encourages**
**developing through play.**
**As well as providing childcare for the**
**child the Cylch aims to help families**
**access information and individuals such**
**as health visitor and local authority.**|
## **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|**The was a surplus of £**2,285.02**between**
**the income and outgoings of the charity.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Part of the reserve is grant funding**
**waiting to be spent – resources were**
**paid for in the new tax year. The other**
**part is ensuring that there is money to**
**pay staff wages during the summer**
**holidays. As we are closed for 6 weeks**
**over the summer we do not received any**
**funding or fees.**|
|Amount of reserves held|Para 1.22|8666.33|
|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|**The number of children attending the**
**Cylch fluctuate due to the natural**
**progression of children in education.**|
## **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||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|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|**The charity’s AGM provides the**
**opportunity for volunteers to become**
**trustees.**|
## **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 Ffairfach|
|---|---|
|Other name the charity uses||
|Registered charity number|1194106|
|Charity’s principal address|Y Caban
Ysgol Ffairfach
Heol Bethlehem,
Ffairfach
Carmarthenshire
SA19 6SY|
|||
## **Names of the charity trustees who manage the charity**
|1
1
1
1
1
1
1
1
1
1
2||**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|---|
||1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
0|Catrin Parish-Marks|Co-Chair|||
|||Catrin Duncan|Co-Chair|||
|||Meryl Thomas|Treasurer|||
|||Catrin Lloyd Davies|Secretary|||
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## – 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 n/a held in this capacity
Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a 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**
Meryl Thomas **Signature(s)** Catrin Parish-Marks Meryl Thomas **Full name(s)** Catrin Parish-Marks **Position (eg Secretary,** Co-Chair Treasurer **Chair, etc) Date** 19.03.2025
##
##
##
|Fees|16,051.85|Wages||26,648.64|
|---|---|---|---|---|
|IO Hour Funding|6,960.00|Maintenance||912.81|
|Childcare Offer|1,865.00|Utilities to Ffairfach School||609.00|
|CCC grants|8,085.00|Subscriptions & DBS||35.00|
|Additional Sustainability grant|750.00|New Resources, Equipment etc.||1,089.35|
|Donations|136.01|Food & Drink / Groceries||671.80|
|Fundraising|0.00|Milk||43.04|
|||Computer / Stationery||74.80|
|||Accountancy / Payroll fees||496.44|
|||Telephone||20.00|
|||Training||0.00|
|||Pension Costs||310.96|
|||||200.00|
|||Gifts||26.00|
|||Insurance||125.00|
|||Staff Uniform||220.00|
|||Ti a Fi banner||30.00|
|||Urdd bunting||30.00|
|||Wreath||20.00|
|||Bank Charges||0.00|
||33,847.86|||31,562.84|
|Bank Balance as at I April 2023|6,981.27|Bank Balance as at 31 March 2024||7,599.81|
|Add unpresented bankings b/f||Add unpresented bankings c/f||1,471.32|
|Less unpresented payments b/f|599.96|Less unpresented payments c/f||404.80|
|Surplus / (Deficit) for the year|2,285.02||||
||8,666.33|||8,666.33|
|Bank Balance Summary:|||||
|Old Account|298.23|Prepared by:|||
|Treasurers Account|5,832.90||Rhian Mön Davies FCA||
|Savings Account|1,389.91||||
|Cash in Hand|78.77||Date:|0005|
||7,599.81||||
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** Cylch Meithrin Ffairfach **On accounts for the year** 31 March 2024 **Charity no** 1194106 **ended (if any) Set out on pages**
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/03/2023** .
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Date:** 24/02/2025 **Signed: Name:** Rhian Môn Davies FCA **Relevant professional** ICAEW **qualification(s) or body (if any): Address:** 7 Yr Hen Farchnad Llandeilo SA19 6BJ
**October 2018**
1
**IER**
## **Section B Disclosure**
Only complete if the examiner needs to highlight 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** .
N/A
**October 2018**
2
**IER**