C Ich Meithrin Tal sarn Trustee Annual Re ort The board of trustees of Cylch Meithrin Talysarn present their annual report and audited accounts for the year ended April 30th 2022 and confirm they comply wth the Tequirements of the Charities Act 2011. Our Au Our aim is to provide quality pre-school provision for chrldren aged 2- 4years through the medium of Welsh, in a happy, safe and secure environment, h3ving fun. meeting new friends and learning through play. We believe every child has a Vol and the right to be heard. We create an environment that promotes independence and confidence encouraging all children to develop to their full potential bLbilding their self<onfidence and preparing them for future opportunities and life experiences. We aim to work closely with the local school and other settings to provide a service for local children and families to access and thrfve. Our Objectives Our objectives flert our settings aims and ethos. It is important to us that we maintsin and enhance the success of the setting and individual objectives are set for each year that will help the setting move forward in continuously athiewng and working towards the highest of standards. Our key objectives for the past year induded.. Running as smoothly and efficiently as possible throughout the COVID 19 pandemic Continue to ensure that PTaciitionEfs use the We15h lan8uage effectivefy and consistently to improve children's spoken Welsh IESTYN Recommendation 21 Improve resources and equipment in the outdoor area to ensure children are safe and have opportunitie5 to develop to their full potential. Review of our activities and achievements. This year has been a dsfficult year with the COVID 19 Pandemic butwe have successfully continued to provide Children attending the settin8 a high-quality care and learning experience. Our afternoon sessions and wrap around service have progressively grown after re-opening following the national lockdown caused by COVID-19. stsff have attended online training throLbghout the past year to enhance and develop their professional skills and extend their understanding of the Welsh government curriculum, with excellent knowled8e of child development. observational techt)iques, activities an¢J assessment strategies practitioners can clearly evidence the individual progress of learners and service users within the setting. This yeèrwe have continued workin8 in partnership with the l(Kal authority to provide numerou5 funding opportunities to service users in the local a8. We continue to offer Early years education places for children aged 3 The childcare offer forworkin8 parents in Wales entitling parents to 30 free hours childcare a week These funding opportunities allow children and families with varying needs to be able to access the setting and for all children to have opportunities to feel happy, safe and secure in a fltn environment where they can develop individuallv.
Achieving a hi8h standard in inspection outcomes is a constant aim whilst maintaining the quality of c4re. education and opportunities we provide. The setting leader and other prartitioners continue to review the curriculum and opportunities provided to ensure they remain appropriate for our children's individual development. Our future plans are financed primarily from local authority fundin& fee Income, fvndraising events and grants. The trustees ensure the finances are healthy and a balance 15 maintained between the continuous improvements in the setting and the reserve of finances to ensure the securty of the organi5ation. The board of trustee and the staff are committed to working wtth each other and are constantly reviewing and renewing our procedures in the current ever-chan8ing situation with COVID 19. Hnan The financial statements show gross Incoming for the year forthe settlng as £49,661.97 The principal source of income this year was through fees charged for childcare places within the group of £49,056.97198.78%1 of the settings income. The boar(i of trustees has deployed l(XM of its income on the care, education and running of the setting. As an educational charity, we are unable to reclaim VAT inpLrt tax on our costs as we are exempt for VAT purposes. We pay tsx as an employerthrough national insurance contributions we make. As shown on the accounts a loss of £4,504.71 was made for the year ending April 2022 with a closing cash funds balance of £3360.31. The loss was incurred due to increased cost of staffing, and loan repayments due to borrowlng durinB COVID pandemic. The board of trLtstees consider that given the strength of the increasing numbers in the later part of the year and the Stable cash flow from k)cal aLrthority funding the ongoin8 popularity of the setting there is a good reserve to support any fLrture needs. Eth05. Strategles ar PdIc5 Our ethos= a caring setting ser¥in8 our local community, we are a setting which seek5 to benef1t the public through the pursuit of its stated aims. Ourfees are set at a level to ensure the financial viabiltty of the setting and at a level that is consistent with our aim of providing a quality care and education experience to children and families. Our Setting welcomes pupils from all backgrounds. We are an equal opp)rtunity organisation and are committed to a working environment that is free from any fomi of discrimination on the 8round5 of colour, race, ethnicity, religion, sex, Sexual orientation or disability. We will make reasonable adjustments to meet the needs of staff or pupils who have additional physical needs or who are disabled. Our setting is committed to safeguarding and promoting the Welfa of our children and serNi¢e users and expects all practitioners and volunteer5 to share this commitment. Parents and Carers are given regular Information afrK>vt their children's progress through parent evenings, in addition to the end of term and year reports a weekly diary with information on activities, lebrations and interests of individuals are provided to parents with opportunitie5 for them to contribute to. We maintain regular contact with parents throughout the year through informal contacts and through our newsletters.
Structure. Governance and Managemert The charity trusteès are responsible forthe overall management and Control of Cylch Meithrin Taly5arn and meet quarterly. All trustees give up their time freely and no remuneration or expense5 were paid in the year. The implementation of most policies and the day to day running of the settin8 is delegated to the leader. The Leader undertakes the key leadership role overseeing the care, education and adminlstrative funrtions. The day to day administration for the setting is Ltrndertaken within the policies and procedures approved by the trustees which provide for only si8nificant exoenditure decisions and major capital projects to be referred to the trustee5 for prior approval. The trustees are responsible for the recruitment of all practltioners. The leader is inwted to attend trustee meetings. Risk Management- The trustees are spOnsIble for the overseeing of the risks faced bythe settin8. Rlsks are identified. assessed and controls establishe(I throughout the year. A formal review of the charitvs risk marhagement processes is undertaken on an annual basis. Risk is managed under the headings of financial sustainability, setting safety, chikl welfa/ safeguarding and employment. The main risks that the trustees have identrfied and the plans to manage those risks are: Finances. Our ability to continue is lIant on Childn.$ fees and the ability to pay bills as they fall due. This risk is managed by local aOtrerti5i ha¥ir¥ a gty)d putatIOn in the local area and fundraising events held throughout the year. General settini Safety is monTtored the Settl leader and risk or actions requlred reported to thè trustees to act upon appropnatety. Child welfare / safeguardTra is manage¢J with robust safeguarding policies and procedures. All prartitioners have appropriate safeguarding training along with members of the board of trustees. Safeguarding policies and procedures are covered in-depth during staff inductions and are regularly discussed in in house training and stsff meetings. Employrnent and the tLrnover of staff 15 managed by staff recruitment policies, staffing policies and good relationship t*een trustees and the practitioners. We offer good hourly rates of pay, training opportunities for pra¢trtiOAers to fvrther develop their skills and have regular meetin8, supervisions and annual appraisals to monitor and encourage staff. Through the risk man38ement processes establis11 for the settin& the Trustees are utisfied that the major risks identified have been adeouately mitigated where necessary. It is recognised that systems can only provide reasonable bLrt not absolute assurare that major risks have been adequately managed. 15-12-23 I s-12-Z3
Cylch Meithrin Talysarn 1194450 Receipts and payments accounts CC16a For the period 01/04/2021 To 31/03/2022 from
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 49,057 185 420 - 49,662 - - - 49,662 34,030 40 197 383 1,081 16,398 649 323 287 688 20 70 - 54,167 - - - 54,167 - 4,505 - 7,865 3,360 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 49,057 185 420 - - - - - - 49,662 - - - 49,662 34,030 40 197 383 1,081 16,398 649 323 287 688 20 70 - 54,167 - - - Cross Add Error #VALUE! |
Last year to the nearest £ |
|
| Fees | 49,057 | - - - - - - - - - |
49,057 | - | ||
| Fundraising | 185 | 185 | - | |||
| Grants | 420 | 420 | ||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | - | - | ||||
| Sub total(Gross income for AR) |
49,662 | 49,662 | - | |||
| A2 Asset and investment sales, (see table). |
||||||
| - | - - - |
- | ||||
| - | - | - | ||||
| Sub total | - | - | - | |||
| Total receipts A3 Payments |
||||||
| - | 49,662 | - | ||||
| Wages | 34,030 | - - - - - - - - - - |
34,030 | |||
| Licences | 40 | 40 | ||||
| Ink and Office Supplies | 197 | 197 | ||||
| Supplies | 383 | 383 | ||||
| Heat and Water | 1,081 | 1,081 | ||||
| Loan Repayments | 16,398 | 16,398 | ||||
| Costau Ffon a WiFi | 649 | 649 | ||||
| DBS | 323 | 323 | ||||
| PPE and Cleaning | 287 | 287 | ||||
| Resources | 688 | 688 | ||||
| Bank Charges | 20 | 20 | ||||
| Misc | 70 | 70 | ||||
| - | - | - | ||||
| **Sub total ** | 54,167 | 54,167 | - | |||
| A4 Asset and investment purchases, (see table) |
||||||
| - | - - - |
- | ||||
| - | - | |||||
| **Sub total ** | - | - | - | |||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | Cross Add Error | - | ||||
| - 4,505 | - | - | #VALUE! |
- | ||
| - | - | - - |
- | - | ||
| 7,865 | - | 7,865 | - | |||
| 3,360 | - | - | 3,360 | - |
CCXX R1 accounts (SS)
26/02/2025
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
D Williams Signature E Williams Details Details HSBC Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 3,360 - - - - - 3,360 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Emma Williams David Williams |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| E Williams | Emma Williams | 15/12/2023 | |
| D Williams | David Williams | 15/12/2023 |
CCXX R2 accounts (SS)
26/02/2025
2
C Ich M Ithrln Tal fon am ndiw 31 Mawrth 2 Inovm.. Ffioedd plant Gweithgareddau Codi Arian Grantiau 49.056.97 185.00 420.00 49,661.97 Gwarlant.. Cyfiogau a Pensiwn Trwyddedau lrnc a Defnydd 5wyddfa Gwresogi a Dwr Cyfarpar Ad-daliadau 8enthyciadau C05tau Flon a WiFi 085 PPE a Deunyddiadu Blanhau Adnoddau Costau Ban Man gostau 34,030.26 40. 197.35 1,080.79 383 17 16.398.01 648.91 323.20 286.80 687.93 19.79 70.47 54.166.68 Colled arn y flwyddyn 4.504.71 Balans ar l Ebrlll 2021 7,865.02 alan$ 4r 31 Mawrth 2022 3,360.31 Cymeradwyyd Gan: Emma Williams 15.12.2013 David Williams 15.12.2013