REGLffERED CHARrfy NUMBER 1194271 CYLCH MEITHRtN Y BONT FAEN TRUSTEE'S ANNUAL REPORT AND FINANCIA FOR THE DED 31- MARCH 2024 Adey Ftts4erald & Walker Chgrtered Certified AecouTrtDts The vIliOn. E8Stgt¢ Cowbritlge Vale of Glamorpn CF717AB
CYLCH MEITHRN Y BONT FAEN FINANCIAL STATEMEN ST FOR THE YEAR ENDED 31 MARCH 2024 CONTENrs: PAGE Tntstees Annual R¢wt Independent Examina3 Rewrt to the TAe¢S Income and Expenditure Account Pag¢ 2
CYLCH MEII}IR Y BONT FAEN TRUSTEES ANNUAL REPORT ST R IHE YEAR ENDED 31 MARCH 2 CHARITY IYO: 1194271 The tnths present tbeirrewrt along with the fmancial statem¢nt of the tharity for the year end 31# March 21Y24. Constitution. objeets policies The charity is constituted a5 a charilable &5soci*ion and the obiectÈve isto provid¢ nursery education for pr¢h(K)I children in the Cowbridge area through the medium of Welsh. The charity is organised so that its commitree mttt regulaTly to manage its affai. Development ¥4etrvities and aehievemeDts this yr In addition to our core funding from our nursery fee5 from our parents and the Val¢ of Glamorgan cowi¢il several ndrai5ing adivtties have been undettskeTJ duriTrg thc Y in Orth pro1 and Strellgthen our position alld to provtde our chilitren with additional edueation&l needs. DEvelopments It is iniended to continue wtth our fundraising prOgraMn provide ongoing SUPEX)rt to th¢ charity Financial review The statement of Fancial adivities shows a loss of £16.059. Member5 aDd trustees The ChaiTper50n and treasurer aJ50 serve as the trustees of the charity. The Commiuee has the powerto appoint additiona] trustees as it considers fit to do so. The w)licy and geDerai maD8gement of the Cykh affairs are dir¢thd by the rnanagement committee. Risk Management The major rtsks to which the chaTity is exFN)sed as ithtified by th¢ Intee$ are reviewed regularly and systems are put in placE. StJit¢ment of tr115tee's responsibilities The trnitees are required by ¢ompany law to prepare financial ststern¢nts for each financial year which give a trne and fair view of the financtal activities of the Charity and of its financial rA)Sttion * the ettd of that year. ID preFwing financial statements the tnjstecs are requiroj to Select suitable accounting p)licies and apply them consiSteDtty Make judgements thai a Teasonable a] pnldeni Prepare the financiat ststernents on agoing cCern knis Approv&1 This report W approved by the trustees on wl[Orthe charity H. RODDICK Dated: Page 3
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF CYLCH MEITHRIN Y BONT FAEN (Rtgistered Charity Number: 1194271) I rew)rt on the Financial Stat¢m¢nts of Cylch Meithrin Y Bont Fa for the year ended 31° March 2024. which are set out on pages 5. RESPECTIVE RESPONSIBltiriES OF CYLCH MEITHRIN Y Bof4T FAEN AND EXAMINER A5 th¢ Tru*ees of CYLCH MErrHRtN Y BONT FAEN. you are reswnsible for preparing the Financxal Statements.. you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibilty to st2te. on the basis of ptocedures specified in the General Directions given by the Charity Cojnmissioners under section 43(7Xb) of the ACL whether particular matt¢rs have corne to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination w&$ carried out in a¢cordance with the Gcn¢raJ D1ctiOnS gtven by the Charity Commissioners. An examination includes 2 review of the accounting TOrdS kept by the Cylch Meithrin Y Bont Faen and a ¢omparison of thc Financial stst¢cnts presented with th05¢ rccords. It also Includes considerntion of any unusual items or disclosures in the Financial Statements and seeking explanations from you as trustces of Cylch M¢ithrin Y Bont Faen concerning any such matters. The proccdures undertaken do not provide all the evidence would be required in an audit and consequently I do not express an audit opinion on the view given by th¢ Fitwicial Statements. INDEPENDENT EXAMINER'S sTATET I cotkfirni that l am qualified to act a5 Independent Examiner under the provisions of tIOn 43(3Xa) of the Act and that my qualification is as shown Ixlow. Ill connection with my examinatio[4 no tnatt¢r has come to my attention: (l ) which gives me reasonable cause to believe that in any material respect the requirements (a) to keep accountinB records in accordance with section 41 of the Act: and (b) to prepare Financial Statements whicb accord with the accourting rccords and to comply with the accounting requirements of the ACL havc nirt bccn met: or (2) to which. in my opinion. attention should be drnwn in OTd¢r to enable a proper understanding of the Financial Statements to be reached. S. J. SPEED, A.C.CA Adey Fitzgerald & Walker Chart¢r¢d c¢rtifi AGwwitants, The PaTrilion. Eastgate. Cowbridge. CF71 7AB Dated: 31 ..J.. 01....J.ee Page 4
CYLCH MEITHRIN Y BONT FAEN INCOME AND EXPENDrruRE FOR THE YEAR ENDED 31 MARCH 2024 YE 3110312024 YE 3110312023 INCOME Fees Crrants Coronavtrus Job Retention Scheme Fundrni5ing t)onattOnKh0ddioll Other 117.652 10.775 83.775 12,287 3.050 3.900 333 39 62 131,539 100,334 EXPENDITURE: Wages Property EXnseS Travel Events Materials & Books Donations Insurdn¢e Telephone Sundry Training Uniforn) A¢¢ountMncy & Professional Fees 122,548 6,674 5.076 209 5.515 219 125 738 3.092 394 920 2,088 87.719 16.939 6.095 203 8.066 136 125 704 1.793 424 628 914 147.598 16.059 123.746 23.412 (LOSS) FOR THE YEAR Cash funds brought fonvard (Loss) for thc year Cash funds Caled forward 25.140 16,059 9.081 48.552 23,412 25.140 BALANCES AT BANKERS Treasurers Account Fundraising Account- Pwyllgor Ti a Fi A¢¢ount Fundraising Account- Mewnol 2,353 6.540 188 2,484 7,115 188 15.353 25,140 9,081 Signed on behalf of the management committe¢: H. RODDICK Dated..