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2024-03-31-accounts

Trustees’ Annual Report for the period

From 01.04.2023 To 31.03.2024

Charity name: Cylch Meithrin Parc y Werin

Charity registration number: 1194779

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 Cylch Meithrin Parc y Werin is a member of
Mudiad Meithrin the National
Association of Welsh Medium playgroups
in Wales and adopts their
recommended policies and procedures.
Cylch Meithrin Parc y Werin is governed by
the Care and Social Services
Inspectorate in Wales (CSSIW) and is
inspected every two years.
Cylch Meithrin Parc y Werin is also
inspected by the Food Standard Agency
with a 5* rating.
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
The objective of Parc y Werin is to promote
Welsh medium education for
pre-school children. Cylch Meithrin Parc y
Werin provides morning, afternoon, all day
and wrap around playgroup sessions
throughout the week, during term time for
the public benefit. The
Cylch follows the Foundation Phase
Curriculum in Wales (2-7 yrs) and it
provides this exclusively through the
medium of Welsh. The Cylch
Meithrin is accessible for all children
between 2 and 4 years in Gorseinon
and these children, and their families,
therefore, are the beneficiaries of this
charity
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have due regard to the
guidance issued by the Charity
Commission on public benefit. The trustees
ensure that the charity
has adequate future plans that ensures it
continues to meet its objectives

as set out above.

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 The Charity fulfilled its purpose and
objective and provided a full
playgroup service through the Medium of
Welsh to children of 2 and a
half to 4 years in the Gorseinon area.
Approximately 60 children were on
roll during this financial year.

Financial Review

Review of the charity’s
financial position at the end
of the period
Para 1.21 Cylch Meithrin Parc y Werin registered as a
CIO 14/06/2021. For the financial period
01/04/2023 – 31/03/2024, income was
£77,258 and expenditure £94,445 giving a
year end loss of £17,187. Wages, rent then
resources are the 3 biggest costs.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 No policy exists on the management of
reserves
Amount of reserves held Para 1.22 N/A
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 No funds are in deficit.
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 No material uncertainties relating to events
or conditions that individually or collectively
may cast doubt on the company’s ability to
continue as a going concern for a period of
12 months or more.

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document Para 1.25 CIO – Foundation
(trust deed, royal charter)
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO – Foundation
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 N/A

Reference and Administrative details

Charity name Cylch Meithrin Parc y Werin
Other name the charity uses
Registered charity number 1194779
Charity’s principal address Parc y Werin Bowling Pavilion
Ffordd Bryn Awel
Gorseinion
Swansea
sa4 4ux

Names of the charity trustees who manage the charity

1
2
3
4
5
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7
8
9
10
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13
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19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Catharine Louise
Richards
Claire Elizabeth
Lewis

– 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 None held 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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Amy Bishop

Bookkeeper
31/01/2025
31/01/2025