REGISTERED CHARITY NUMBER T194271 CYLCH mE¥THR Y BONT FAEN TRUSTEE'S ANNUAL REPORT AND FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 Adey Fitygerald & Walker Chartered Certifffted Accountsjkts The Pavilion. Eastgate Cowhridge Vale of Glamor2*n CF71 7AB
CYLCH MEITHRtN Y BONT FAEN FINANCIAL STATEMENTS FOR THE YEAR ENDED 31- MARCH 2025 CONTENTS: PAGE Trustees Annual Rert Independent Examiners Rert to the Tne¢S Income and ExndItUre Account Page 2
CYLCH MEITHRtN Y BONT FAEN TRUSTEES ANNUAL REPORT FOR THE YEAR DED 3 1ST MARCH 2025 CHARITY NO: 1194271 The trllstee5 present their report a]ong with the fJnan¢ial statement of the charity for the year ended 31° March 2025. CoN5tilution. obje¢ts and policies The chariry is constituted as a charirable aswiation aDd the objective is to pmyide nursery education for presch(x)I children in the Cowbridge area through the medium of Welsh. The chariry is organis¢d so that its committee meet regularty to manag¢ its affairs. Developmettt gctlvities achIeveeTrts this yegr In addition to our cor¢ fulldsng from our nursery fee5 from our par¢nts and the Vale of Glamorgan counoil 5ev¢ral fundraising actsvities have been undertaken duTing th¢ year in order io protect and strengthcn our position and io provide our children with addiiional education81 needs. Future Developmtnts It is intended to continue with our fundraising progTaTnrne to provide on80g sup to the charity Financial review The statement of fllkancial a¢tiviti¢s shows a surplus of £17.972. Members and tr115tee5 The Chairperson and treasurer also serye as the tsvslees of the charty. The Committee has the power to aptK)int addtiional trustees as it cortsiders fit to do so. Tbe wlicy and genernl manaserneDt of the Cylch affairs are directed by the managemeni committc¢. Risk Mgnagement The nTrajor risk5 to whi¢h th¢ ¢hartty is ¢xpos¢d ideDtified by the trustees are reviewed regularly and systems are put in place. Stgtement of trustee's re5PODsibilities The trnstees are required by compan) law to prepare fllwicial statements for each financial year which gtve a Mie and fair view of the financial activities of the Charifv 8T]d of its financial position at the end of that }'ear. In preparing financial 5tat¢Jn¢nts the tntstees are rLyUtred to Seleci suitable ac¢ountiNg txilicies and apply them consÈstendy Make judgernents that are rea50nabl¢ and PTudent Prepare ihe financtal sMements on a going concern b&sis Approval This report was approv by ¢ trust¢C5 on half of th¢ ¢harity L HUGHES Dated: Page 3
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF CYLCH MEITHRIN Y BONT FAEN (RegFStered Charity Number: 1194271) I report on the Financial Statem¢nts of Cylch Meithrin Y Bont Faen for the year ended 31" MxTch 2025, which are set out on pages 5. RESPECTIVE RESPONSIBILITI&S OF CYLCH MEITHIUN Y BO]Yr FAEN AND EXAMINER A5 the Trustees of CYLCH MF.ITHRfN Y BOKF FAEN. you are responsible for preparing the Fin2n¢ial Statements.. you consider that th¢ aLtdit wuircmcnt of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my respon5ibilitS' to state. on the basis of procedures specified in the General Dire¢tions given by the Charity Commisston¢rs wid¢r sKtion 43{7Xb) of the ACL whether particutar malters have cornc to my attention. BASIS OF INDEPEf4DENT EXAMINER'S REPORT My examination WAS carried out in ardance with the Genernl Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Cylch Meithrin Y Bont Fa¢n and a comparison of the Financial StatemerAts presented with those records. It also includ¢s consideration of any unusual items or disclosures in the Financiat Ststements and seeking explanalions from YOU as trustees of Cyleh Meithrin Y Bont Faen concerning any such matters. The pttedUreS undertaken do not provid¢ all the evidence that would IK rcquircd in an audit and consequently I do not express an audit opinion on the view given by the Financial Stateme[. INDEPENDENT EXAMINER'S sTATEmEr I confirnj that l atn qualified to act as Independent Examiner under the pwvisions of section 43(3)(a) of the Act and that my qualification is as shown below. In connection with my examination, no matter has come to my attention: (l ) which gives me reasonablc cause to bclicve that in any material respect the requirements (a) to keep accounting records in ac¢ordance WTth section 41 of the Act-. and (b) to prepwe Financial Siatements which accord with the accounting records and to mplY with the accounsing requirements of the A. have not been n)et'. or (2) to which, in my Opinio attention should be drawn in Order to enable a protrr understanding of the Financial Statements to be reached. S. J. SPEED, A.C.CA Adey FilLgerald & Walker ehLlrtered eertified AccourÈtlln Th¢ Pawilion. Easigate, Cowbridge, CF717AB Dated: Pa£e 4
CYLCH MEITHIUN Y BONT FAEN ST INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2025 YE 3110312025 YE 3110312024 INCOME Fees Grants Coronavirus Job Retenlion Scheme Fundraising DonationslRhoddioll Other 139,653 56.541 17,652 10.775 4.633 3.050 10 62 200.837 131,539 EXPENDITURE: W8ge8 Property Expenses Travel Events Materials & Books Donations Insurance Telephone Sundry Training Uniform Accovntsncy & Professional Fces 136,180 27.467 4,089 122.548 6.674 5,076 209 5.515 219 125 738 3,092 394 920 2.088 &160 281 180 983 3.161 340 808 1,206 182,86) 17.972 147,598 16.059 SURPLUS I (LOSS) FOR THE YEAR Cash funds brought forward Surplus / (Loss) for the year Cash funds carricd forward 9.081 17,972 27.053 25,140 16.059 9.081 BALAIICES AT BANKERS Treasurer8 Account Fundraising Account- Pwyllgor Ti a Fi AcLount Fundraising Account- M¢wnol 1.270 1,520 188 24,075 27.053 2,353 6,540 188 9.081 Signed on behalf of the agement cotnmittee" L HiJGHES Dated: Page 5