2023-03-31-accounts

	SORP reference
Summary ofthe purposes of	Para 1.17	To advance the education of pre-school
the charity as set out in its		children through the Medium of Welsh.
governing document
Summary of the main	Para 1.17 and	Childcare provision forchildren between 2.5-
activities in relation to those		4 years old, providing socialisation
purposes forthe public		opportunities and learning through play in a
benefit, in particular, the		positive Welsh environment.
activities, projects or services
identified in the accounts.
Statement confirming	Para 1.18	The trustees have viewed the guidance.
whetherthe trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit

	SORP reference
		Providing a Welsh language childcare
		provision within the local community.
Summary of the main achievements ofthe charity,	Para 1.20	The Cylch has been actively fundraising for a new Cabin to provide a new independent
identifying the difference the		facility forthe Cylch as well as offering a new
charity’s work has made to		central Hub for community use at other
the circumstances of its		times. While efforts were very successful
beneficiaries and any wider		with Grant applications approved in principle,
benefits to society as a		the ongoing meetings with the Local
whole.		Authority resulted in their agreementto take
		overthe project as a Community concern
		which was a positive outcome overall.

Achievements against	Pam 141
objectives set
Performance of fundraising
activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

Financial Review
Review ofthe charity’s	Para 121	The Cylch is in a strong position.
financial position atthe end
ofthe period
Statement explaining the	Para 1.22	Reserves are held to cover staffwages for at
policy for holding reserves		least 6 months in advance.
stating why they are held
Amount of reserves held	Para 1.22	£12,000
Reasons for holding zero	Para 1.22	n/a
reserves
Details offund materially in	Para 1.24	n/a
deficit
Explanation ofany	Para 1.23	n/a
uncertainties about the
charity continuing as a going
concern

The charity’s principal
sources offunds (including	Para 1.47
any fundraising)
Investment policy and
objectives including any	Para 1.46
social investment policy
adopted
A description ofthe principal	Para 1.46
risks facing the charity
Other

Description of charity’s
trusts:
Type ofgoverning document	Para 1.25
(trust deed, royal charter)
How is the charity	Para 1.25
constituted?
(e.g unincorporated
association, 010)
Trustee selection methods	Para 1.25	Committee members
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

Policies and procedures
adopted forthe induction and	Para 1.51
training oftrustees
The charity’s organisational
structure and any wider	Para 1.51
networkwith which the
charity works
Relationship with any related	Para 1.51
parties
Other

Charity name	Cylch Meithrin Llanrhaeadr
Other name the charity uses	Cyich Meithrin a Ti a Fi Llanrhaeadr
Registered charity number	1194570
Charity’s principal address	Ysgol Bro Cinmeirch, Lianrhaeadr, Denbigh, LL16 4NL

			2023	2022
			£	£
	Note
Income from
Fee income			15,392	11,316
Fees from other sources			25,006	23,256
Grant Income			17,395	-
Fundraising Income			4,268	-
Total income			62,060	34,572
Expenditure
Charitable activities		1	41,986	35,222
Total expenditure			41,986	35,222
Net incomel(expenditure)			20,074	(650)
Transfer between funds			______	(100)
Net movement in funds			20,074	(750)
Reconciliation offunds
Funds at 1 April 2022			18,805	19,555
Funds at 31 March 2023			38,879	18,805

		2023		2022
		£	£	£	£
	Note
Fixed assets
Tangible assets
Current assets
Debtors	2	1768		3,623
Cash at bankand in hand		37164		15,183
		38,931		18~8O6
Creditors: amountsfalling due	3	52		-
within one year
Netcurrent assets			38,879		18,806
Netassets			38,879		18,806
Charityfunds
Funds	5		38,879		18,806
Total funds			38879		18,806

	Total	Total
	2023	2022
Charitable activities -expenditure	£	£
Payrofl and pensions	31461	29,752
Supplies	226	1,891
Dues	lUG	35
Charges	61	155
Denbighshire Fees	228	1,880
Accountancy	66	168
Repairs/Maintenance	45	1,340
Equipment & Resources	6648	-
Professional Fees	2005	-
Telephone costs	20	-
Insurance	125	-
Fundraising Costs	875	-
Sundry Expenses	324	-
Total	41,986	35222

	2023	2022
	£	£
Wages and salaries md. pensions	29,760	29,752
Social Securitycosts	1,701	-
Otherstaffcosts	-	-
	31,461	29,752

	No.	No.
Projectmanager	4	4