REGISTERED CHARITY NUMBER 1196529 CYLCH MEITHRtN LLANILLIUD FAWR TRUSTEE'S ANNUAL REPORT AND FINANCIAL STATEMENTS FOR TH AR ENDtN 31ST MARCH 2024 Ad¢y tr£erald & W2lk¢r Chartered Certified Accountants The P#YilioD. F.a$tgxte Cowbridge Vale ofGlamoTg• CF717AB
CYLCH MEITHRIN LLANILLTUD FAWR FINANCIAL STATEMEKrs FOR THE YEAR ENDNG 31ST MARCH 2024 CONTENTS: PAGE Trustees Annual Report Independent Examtners RewTrrt to the Tn In¢ome and Expenditijre Account Page 2
IRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31ST MARCH 2024 CHARITY NO: 1196529 Th¢ trustees pr¢s¢nt th¢irr¢port along with the financial statrment of the charity for the yegr ending to 31rt March 2024. Constitution. objects and liCIeS The charity is constittrted &8 a cEwtt8ble asSOCi8tton 8Dd the objertive is to provide nursery education for preschool children in the Llantwit maj area througb the Tnedium ofweLsh. The charity 15 organised so that its committee med regularfy to manag¢ tts affair& Development acttyities aDd achievemeDts this perirAI In addition to our core funding from our nLwsery fees from i)ur par¢ll sevetal fimdraising artiviti¢s have been undertaken durng the F¢riod in order to and str ourposition to provxde childten with additÉonal tdu¢ational nc¢ds. Future Developments li is intended to Continue with our fundraising progrm to provÉde oDgoillg 5UPPQrt to thE charity. Dneial review Th¢ stAtCTnent of fllwi¢ial a¢¢iYits¢S shows a Su15 of £16.899. Members gnd trllsees The ChaiTp¢rson aDd trAsurff also serve as the In of the Charity. The Conunittee h&$ the power to appoint addiiional Irusiees as ti ¢onsiders rtt io th) so. The l1¢Y and general managunartof the Cylch affairs are directed by the management COTTtmittee. Risk Managtmellt Th¢ major risks to which th¢ rharity is exposd as identified by th¢ tswstees are teviewed regularly atsd systerns are put i place. Statement of tTlJStee's responsibilities The trustees are required by compan}. law to prepare financrdl statements fore4ch financial pcriod which give a true and fair Yiew of the fancial acti¥iii¢S of the Cbarity and of its financial [51tion at th¢ end of that period. in prepillg financial statements the trustees are required to Select suitable accounting rx)lieies and apply them eonsisteDtIy Make judgements that are reasonabl¢ and pnent Prepare the ffflalkcial statements on a going concern blS Approval This report wa apwyved by the tnee5 on Ialf ofthe charity. L. M. CLARK 25 Dated. .V..l.... .. ..l......i............. Page 3
INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF CYLCH MEITHRIN LLANtLLTUD FAWR (Registered Charity Number. 1196529) I report on the Financial Statements of Cylch Meithrin Llanilltud Fawr for the year ending 3 ljt March 2024, which are set out on pages 5. RESPEcfIvE RESPONSIBILITIES OF CYiLH MEfniRtN LLAMLLTUD FAWR AND EXAMINER As the Trnstees of Cylch Meithrin Llat]illtud Fawr, you are reswnsible for preparing the Financial Statements.. you consider that the audit requirement of section 43(2) of the ch]he$ Act 1993 (the Act) does not apply. It is my reswnsibility to state, on the basts of pr(ttdures specified in the General Dtrections given by the Charity Comtnissioners under section 43(7Xb) of the Ac¢ wheth¢r parttcuiar matter5 have come to my attention. BASIS OF INDEPENDENT EXAmER's REH)RT My examination was carried out in accordance with the General Direction5 given by the Charity Commissioners. An examiyjation includes a review of the accountin8 records kept by the Cylch Meithrin Llanilltud Fawr and a comparison of the Financial Statements presented with those record& It also includes consideration of any unusual items or disclosures in the Financial Statem¢nts 8nd seeking explanation5 from you as trustees of Cylch Mcithrin Llanilltud Fav concerning any such matt¢rs. The pr(*edur¢s undertaken do not provide all the evidenc¢ that would rwuired in all audit and consquently I do not expres5 an audit opinton on the view given by the Financial Stat¢m¢nts. INDEPENDENT EXAMINER'S STATEME]YT I confirm that l am qualified to act as Independent Exxminer under the provisions of section 43{3Xa) of the Act and that my qualification is as shown bclow. In ¢onn¢¢tion with my ¢xaminatiun, no mattcr has come to my atterÈtion." {1) which gives me reasonable cause to lIeVe that in any material reSpt the requirements (a) to keep accounting records in accordance wtth section 41 of th¢ A¢t: and (b) to prepare Financial Ststements which aecord with the aCcntIng records and to comply with the accounting requirements of the ACL have not been met= or (2) to which, in my opinioffj attention should be draThm in order to enable a proper understanding of the Finallcial Ststements to k reache¢L S. J. SPEED, A.C.CA Adey Fitzg¢rald & Walk¢r CFtartered Certified Aceountan The vavlllon. Eastgatc, Cowbridge, CF717AB Dated: tzc
CYLCH MEIIHRJN LLANILLTUD FAWR INCOME ST ND EXPENDrtURE FOR THE PERIOD YEAR ENDtNG 31 MARCH 2024 YE 3110312024 PE 3110312023 INCOME Fees Grants FundraisinglDonatioDs 98.152 60,938 348 158,380 30,091 159,438 191,703 EXPENDITURE: Snacks & Consumables Resources & Supplies Rent & Rates Lighi & Heat TransTX)rt Payroll Stationery & oifice Telephone Advertising & PhOt(pying Unifom] Training Data ProtectionlLicences DBS Check5 Ac¢ountsn¢y RepaTrs & Renewals Insurance Sundry 3.424 9575 6,782 5.175 770 107.614 298 827 9.125 4.998 4,953 1,600 141,302 42 1.553 120 481 313 70 931 30 190 1,040 54 5.000 125 5.636 142.539 16,899 179.268 12,435 SURPLUS FOR THE PEIUOD Cash funds bn)ught forward Sutplus for the ri{mI Cash fid5 wri¢d forward 35.483 16,899 52.382 23,048 12,435 35,483 BALANCES AT BANKERS Cash Natwest Cash Lloyds 530 34,953 35,483 52,382 52.382 Si8ned oyt b¢ If of th¢ tnanascm¢ttt COA)litte¢. Dated: