REGISTERED CHARITY NUMBER: 1197607
Re
rt of the Trustees and
Unaudited Financial Statements
for the Year Ended 31st March 2025
for
ch Meithrin Y ol Y Bedol
Ashmole & Co
Chartered Certified Accountants
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB

Ich Meithrin Ys
ol Y Bedol
Contents of the Financial Ststements
for the Year Ended 31st March 2025
Page
Report of the Trustees
Independent Exarniner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
6 to 14

C Ich Meithrin Y l Y Bedol
rtoftheTrust
forthe YeaT Ended 31st March 2025
The trustees present their report with the financial statements of the charity for the year ended
315t March 2025. The trustee5 have adopted the provisions of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January
20191.
OBJECTIVES AND ACTIVITIES
Public benefit
The trustees confirm that they have complied with their duty in section 17 of the Charities Act 2011 to
have due regard to public benefit guidance published by the Commission.
The Charity has demonstrated that our aims 3re for public benefit through the provision of activities and
event5 which have enabled children to attend early years care and educational development in a safe
environment
The object of the charity is to njn a Cylch Meithrin for preschool children during normal school term times.
Through the medium of Welsh, the charity assists with play. learning and basic education to enable the
children to make a smooth progression into school life.
ACHIEVEMENTS AND PERFORMANCE
Charitable artivities
We look after children between the ages of 2 and 4 years, and the maximum number of children aged two
to three will not exceed 24.
We ensure that the number of staff to Ca￿ for the chiklren is always maintained at or above government
guidance.
We are open from 8.30am until 11.30am and 12.45pm and 3.15pm for childien attendiT)g on half days.
Depending on availability we are also able to offer full days. Day care hours are 8.30am-3.1Spm.
Staff meet the children at the door and bring them into the setting safely. A wide range of play actwities
are plarhned and well supeNised to promote progress in all areas of a child'5 development and which aims
to meets the individual child'5 needs.
The children are offered a variety of learning experiences. they are given the OPPK>rtunity to play with sand,
water, dough. clay, home-corner equipment, bhkes, construction toys and so on. We are alsts able to go out
to the outdoor play area to play bikes, play with bean bags, hoops and so on. There are a150 plenty of
opportunities for listening to stories, imaginative play, and for singing and dancing. Each session always
includes a break for snack.
FINANCIAL REVIEW
Financial position
The charity is mainty funded by Carmarthenshire County Council, Welsh Government, Flying Start and by
children's fees paid by parents.
Page I

h Meithrin Y ol Y Bedol
rt of the Trustees
for the Year Ended 31st March 2025
FINANCIAL REVIEW
Reserves policy
The Trustees review the needs for reserves in line with guidance issued by the Charity Commission. It is the
policy of the charity to maintain unrestricted funds to ensure sufficient reserves to meet expenditure for
the period following the end of the finanaal year until grant payments and children's fee5 are paid for the
new financial year.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document. a deed of trust and constitutes an unincorporated
charity.
REFERENCE AND ADMINISTRAnvE DrfAILS
Registered Charity number
1197607
Principal address
Ysgol Y Bedol
Folland Road
Garnant
Ammanford
SA18 2BE
Trustees
G l Richards
N Rockey
G D Schoolmeester-Robert
M E Thomas-jones
DMP8rry
M Williams
Independent Examiner
Ashmole & Co
Chartered Certified Accountants
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB
Approved by order of the board of trustee5 On.....
and signed on its behalf by..
G l Richards- Trustee
Page 2

Inde
endent Examiner's Report to the Trustees of
C I hmeithriny oly
5ndependent examlner's report to the trustees of Cylch Meithrin Ysgol Y Bedol
I report to the charity trustees on my examination of the accounts of Cylch Meithrin Ysgol Y Bedol (the
Trust) for the year ended 31st March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparat￿n of the accour)t5 in accordance
with the requirements of the Charities Art 20111.the Act'l.
I report in respert of my examination of the Trust's accounts carried out under Section 145 of the Act and
in carrying out my examination I have followed all applicable Di[￿tionS given by the Charity Commission
under Section 14515llbl of the Act.
Independent examiner's rtatement
I have completed my examination. I confirm that no material matters have come to my attention in
connettion with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Trust as required by Sectv)n 130 of the Act,. or
the accounts do not accord with those records- or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charitie5 (Accounts and Reports) Regulations 2LK18 other than any
requirement that the accounts give a true and fair view which is a matter considered a5 Part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Mrs Laura Craddock
Ashmole & Co
Chartered Certified Accountants
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB
Date..
131.1.I11(AS
Page 3

h Meiihrin Y ol Y Bedol
Statement of Financial Actsvitles
for the Year Ended 31st March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable a¢tivities
Charitable Activities
147,542
7,629
155.171
120,125
EXPENDITURE ON
Charitable activities
Charitable Activities
140,367
8.185
148,552
117,143
NET INCOME/IEXPENOITURE)
7.175
IS561
6,619
2,982
RECONCILIAnON OF FUNDS
Total funds brought forward
40,923
3.C69
43,992
41,010
TOTAL FUNDS CARRIED FORWARO
48.098
2,513
50.611
43,992
The notes form part of these financial statements
Page 4

h Meithrin Y l Y Bedol
Balance Sh
3tst Marth 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestrirted
fund
Restricted
funds
Notes
FIXED ASSET5
Tangible assets
1,226
2.070
3.296
3,105
CURRENT ASSETS
Debtors
Cash at bank
io
9,574
38.940
9,574
39.383
5,524
36.596
443
48.514
48,957
42,120
CREDITORS
Amounts falling due within one year
li
11.6421
11.6421
11,2331
NET CURRENT ASSErs
46.872
443
47,315
40.887
TOTAL ASSETS LESS CURREMf LIABIUTIES
48.098
2,513
50,611
43,992
NET ASSETS
48.098
2.513
50.611
43,992
FUNDS
Unrestricted funds
Restricted funds
12
48,098
2.513
40,923
3.069
TOTAL FUNDS
50.611
43,992
The financial statements were approved by the Board of Trustees and authorised for issue on
. and were signed on its behalf by..
Illiams-Trustee
The notes form part of these financial statements
Page 5

Ich Melthrin Y l Y aedol
Notes to the Finanaal Statements
forthe Year Ended 31st March 2025
ACCOUNTING POUCIES
Basis of preparing the financial statements
The financial Statements of the charity, which 15 a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accovnting and Reporting by Chaiities..
Statement of Recommended Practice applicable to charities preparing their account5 in accordance
with the Financial Reporting Standard applicable in the UK and Republic of lleland IFRS 1021
(effective l January 20191,. Financial Reporting Standard 102 Yhe Financial Reporting Standard
applicable in the UK and Republic of Ireland. and the Charities Art 2011. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Ststement of Financial Activities once the charity ha5 entitlement to
the funds, it is probable that the income will be received and the amount can be measured reliablv.
Expenditure
Li3bilitie5 are recognised as expenditure as s¢y)n as there 15 a legal or constructive obligation
committing the charity to that expenditure. it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under heading5 that aggregate all cost
related to the category. Where costs cannot be diT￿tlY attributed to particular headings they have
been allocated to artivities on a b3515 consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each a55et over its
estimated useful life.
Computer equipment
25% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestiicted funds can be used in accordan￿ with the charitable objectives at the discretion of the
trustees.
Restricted funds can onty be used for particular restricted purposes within the objects of the charitv.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Pension costs and other p05t-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's
pension scheme are charged to the Statement of Financial Activtties in the period to which thev
relate.
Page 6
continued...

Meithrin Y ol Y Bedol
Notes to the Financial Statements- continued
lor the Year Ended 31st March 2025
INCOME FROM CHARITABLE AcfiviTIES
31.3.25
31.3.24
Activity
Charitable Activities
Charitable ActNities
Charitable Activrties
39.415
114,689
818
24.249
94,634
929
Fees
Grants
Trips
Raffle and Christmas
Concert
249
313
Charitable Activities
155.171
120.125
Grants received, included in the above. are as follows:
31.3.25
31.3.24
60.946
29,584
4,104
Flying Start
Childcare Offer
Welsh Government
Additional Support Grant
Childcare and Early Years Small Grants kheme 202412025
Healthy Pre schools
Sustainability Grant
66.455
40,505
3.783
2,198
i(
1,648
114.689
94.634
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 41
Support
costs (see
note 51
Totals
Charitable Artivities
137,525
11.027
148.552
Page 7
continued...

ch Melthrin Y l Y Bedol
Notes to the Financial Statements- ¢ontinued
for the Year Ended 31st March 2025
DIREcfcoSTS OF CHARITABLE ACTIVITIES
31.3.25
31.3.24
Staff costs
Sundries
Equipment
Craft Supplies
Garden Materials
Food and Milk
Cost of Trips
Rent
Training
CRB Costs
122,989
362
3.771
682
97,427
493
2,939
923
11
2,175
2,047
1,999
3,2CX)
104
196
281
2.299
1,741
3,222
883
199
137,525
110,407
SUPPORT COSTS
Governance
costs
Management
Tota15
Charitable Activities
8.709
2.318
11,027
Support costs, included in the above, are as follows=
31.3.25
Charitable
Activities
31.3.24
Total
actwities
Insurance
Telephone
Postage and Stationery
PPE
Staff Travel
Cleaning Materials
Subscriptions
Gifts
Computei Costs
Recruitment
Repairs and Renewals
Depreciation
Accountanry and leB31 fees
150
125
180
645
349
582
1,359
120
379
302
364
694
1.034
227
3.044
183
441
146
1,068
1,342
2,318
1.035
1,296
11.027
6,736
Page 8
continued...

ch Meithrin Y l Y Bedol
Notes to the Finanaal Statements- continued
forthe Year Ended 31st March 2025
TRUSTEES. REMUNERATION AND BENEFffS
There were no trustees, remuneration or other benefits for the year ended 31st March 2025 nor for
the year ende(J 31st March 2024.
Trustees. expenses
There were no trustees, expense5 paid for the year ended 31st March 2025 nor for the year ended
31st March 2024.
STAFF COSTS
The average monthly number of employees during the year was as follows..
31.3.25
31.3.24
Staff
No employees received emoluments in excess of £60.CKiI.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Total
fvnds
INCOME AND ENDOWMENTS FROM
Charitable activities
Charitable Activities
116.021
4,104
120,125
EXPENDITURE ON
Charitable activities
Charitable Activities
116,108
1,035
117,143
NET INCOME/{EXPENDITUREI
1871
3,069
2,982
RECONCILIAnoN OF FUNDS
Total funds brought forward
41.010
41,010
TOTAL FUNDS CARRIED FORWARD
40,923
3.069
43,992
Page 9
continued...

C Ich Meithrin Ys
ol Y Bedol
Notes to the Financial Statements- ¢ontlnued
forthe Year Ended 31st March 2025
TANGIBLE FIXED ASSErs
Plant and
machinery
Computer
equipment
Tota15
COST
At 1st April 2024
Additions
4.140
4,140
1,533
1.533
At 31st March 2025
1.533
4.140
5,673
DEPRECIATION
At 1st April 2024
Charge for year
1,035
1,035
1.035
1.342
307
At 31st March 2025
307
2,070
2.377
NET BOOK VALUE
At 31st March 2025
1.226
2,070
3,296
At 31st March 2024
3,105
3,105
10. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade debtors
9,574
5,524
11. CREDITORS: AMOUNTS FALUNG OUE WITHIN ONE YEAR
31.3.25
31.3.24
Other creditors
1,642
1,233
Page 10
continued...

h Meithrin Y l Y Bedol
Notes to the Financial Statsments- continued
for the Year Ended 31st March 2025
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
Gener31 fund
40,923
7,175
48,098
Restricted fund5
Welsh Government
Childcare and Early Years Small Grants
Scheme 202412025
3,069
19991
2,070
443
443
3.069
15561
2,513
TOTAL FUNDS
43.992
6.619
50,611
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
147,542
1140,3671
7,175
Restrlrted funds
Welsh Government
Additional Support Grant
Childcare and Early Years Small Grants
Scheme 202412025
Sustainabilty Grant
19991
13.7831
19991
3,783
2,198
1.648
11,7551
11,6481
443
7,629
18,1851
15561
TOTAL FUNDS
155.171
1148.5521
6,619
Page 11
continued...

h Melthriny olYBedol
Notes to the Financial Statements- Continu
forthe Year Ended 31st Marth 2025
li
MOVEMENT IN FUNDS- Continued
Comparatives for movement in funds
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestrirted funds
General fund
41.010
1871
40,923
Restricted funds
Welsh Government
3.069
3,069
TOTAL FUNDS
41,010
2,982
43.992
Comparative net movement in funds, included in the above are as follows=
Incoming
sources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
116,021
1116,1081
1871
Restrirted funds
Welsh Government
4,104
11,0351
3,069
TOTAL FUNDS
120.125
1117,1431
2,982
Page 12
continued...

Ich Meithrin Y ol Y Bedol
Notes to the Finanaal St*ements- continued
forthe Year Ended 31st March 2025
Iz
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position 1$ as follows..
Net
movement
in funds
At
31.3.25
At 1.4.23
Unrestrirted funds
General fund
41,010
7,088
48,098
Restricted funds
Welsh Government
Childcare and Early Years Small Grants
Scheme 202412025
2.070
2,070
443
2,513
2,513
TOTAL FUNDS
41,010
9.601
50,611
A current year 12 months and prior year 12 months combined net movement in funds, included in
the above a￿ as follow5-
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
263.563
1256,4751
7,088
Restricted funds
Welsh Government
Additional Support Grant
Childcare and Early Years Small Grants
Scheme 202412025
Sustainabilty Grant
4,104
3,783
12,0341
13.7831
2,070
2,198
1,648
11.7551
11,6481
443
11,733
19,2201
2,513
TOTAL FUNDS
275.296
1265,695
9,fK)I
Pa8e 13
continued...

Ich Metthrin Y l Y Bedol
Notes to the Finanoal Statements- continued
tor the Year Ended 31st March 2025
12.
MOVEMENT IN FUNDS- contlnued
Welsh Government - A fund of that offers childcare providers and childminders small grant funding
to improve their premises forthe provision of childcare service5.
Additional Support Grant - A fund that is provided to ensure the thildcare element of the Childcare
Offer is inclusive to eli gible children with additional support during the earty implementation period.
Childcare and Early Years Small Grants st￿Me 202412025 - Grant funding for capital purchases for
settings providing the Childcare Offer, Flying Start and/0 r foundation learning places.
Sustainabiltty Grant fund - A restritted fund fomied from a grant received from Carmarthenshire
County Council to maintain the opening of the cylch. This has been achieved by paying rent, wages
and resources.
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2025.
Page 14