## **Trustees’ Annual Report for the period** **From 01/04/2023 Period start date end date 31/3/24** ## **Period** ## **Charity name: Cylch Meithrin Cwmllynfell** ## **Charity registration number: 1198721** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The purpose of Cylch Meithrin**
**Cwmllynfell is to advance the education**
**of pre school children through the**
**medium of the Welsh language within the**
**Cwmllynfell area.**| |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 Cylch Meithrin offers a variety of play**
**experiences supporting children’s**
**development to reach their full potential.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees confirm that they have had**
**full regard to the guidance issued by the**
**Charity Commission on public benefit.**
**They continuously ensure that the**
**charity's activities align with the public**
**benefit requirements, regularly reviewing**
**policies and practices to maintain**
**transparency and fulfil their charitable**
**purposes in a way that serves the wider**
**community**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||
SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |||| |Contribution made by
volunteers|Para 1.38|| |---|---|---| |Other||| ## **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|**Cylch Meithrin Cwmllynfell has provided**
**childcare within the community and is**
**supporting parents to attend work.**
**Three members of the community are**
**employed at CM Cwmllynfell due to the**
**working hours being flexible whilst their**
**children attend school.**
**Children attending Cylch Meithrin**
**Cwmllynfell are also feeding the local**
**school's Nursery and therefore, school**
**numbers are also increasing.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance||| |against objectives|Para 1.41|| |---|---|---| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**At the end of financial year 23-24, Cylch**
**Meithrin Cwmllynfell are £4385.08 in**
**profit.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The charity holds reserves to ensure**
**financial stability and sustainability,**
**allowing it to meet its ongoing**
**commitments and respond to unforeseen**
**challenges. Also to maintain and cover**
**operational costs during periods of**
**reduced income and to support future**
**projects.**| |Amount of reserves held|Para 1.22|**£4385.08**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**No current concerns about Cylch**
**Meithrin Cwmllynfell continuing to**
**operate.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
**Fee Payments - From Parents of children**
**attending the setting and from local**
**authority and Welsh Government.**
**Grant Payments - Mudiad Meithrin and**
**Local Education Authority.**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal||**The charity identifies principal risks,**
**including funding fluctuations and**
**regulatory changes, and mitigates them**| |risks facing the charity|Para 1.46|**through careful financial planning,**
**constantly advertising the provision, and**
**adapting strategies to ensure continued**
**operation and mission fulfilment.**| |---|---|---| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |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|**Trustees are selected through a formal**
**discussions with the Responsible**
**Individual. Selection is based on skills,**
**experience, and commitment to the**
**charity's mission, ensuring a diverse and**
**effective board for governance and**
**decision-making.**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| Other ## **Reference and Administrative details** |Charity name|Cylch Meithrin Cwmllynfell| |---|---| |Other name the charity uses|N/A| |Registered charity number|**1198721**| |Charity’s principal address|Cylch Meithrin Cwmllynfell
Ysgol Gynradd Gymraeg Cwmllynfell
Heol y Bryn
Cwmllynfell
Swansea
SA9 2FJ| ||| ||**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**| |---|---|---|---|---|---| |||**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Nam**
**e of**
**pers**
**on**
**(or**
**body**
**)**
**entitl**
**ed to**
**appo**
**int**
**trust**
**ee (if**
**any)**| ||1|Cathrin Ann Owen|Responsible
Individual|May 2022|| ||2|Cerys Wyn Preston|Chair|May2022|| ||3|Leanna Cresci|Trustee|May2022|| ||4|Anne Marie Jones|Treasurer|May2022|| ||5|KellyAmber|Trustee|May2022|| ||6|Lauren Megan
Jones|Secretary|May 2022|| ||7|Eleri Wyn Mackey|Trustee|MAy2022|| ||8||||| ||9||||| 10 11 12 13 14 15 16 17 18 19 20 – 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
held in this capacity|N/A| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A| |Details of arrangements for|N/A| safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** **Names and addresses of advisers (Optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** **Cylch Meithrin Cwmllynfell is a Nursery setting offering childcare for children between 2 and 4 years of age. The building is being leased from the LEA and they have provided furniture and a purpose built building for us. The Cylch lease the building and its content and there are therefore no directors to the business.** **Unfortunately, we are unable to answer some of the above questions as we don’t understand some of the information needed regarding names of specific people with specific roles. We would be more than happy to discuss further if needed.** ## **Declarations** **are that they have approved the trustees’ report above.** |||**Signature(s)**|**Signature(s)**|_CA Owen_|AM Jones| |---|---|---|---|---|---| ||||||| |||**Full name(s)**||Cathrin Ann Owen|Anne Marie Jon| ||||||| |||**Position(eg Secretary, Chair, etc)**||Responsible Individual|Treasurer| ||||||| |**Date**|13/03/2025||7/3/25||| Ittm M8v June Au8 Sep Oct Nov Dec Jan Feb March Annual Costs Inc(wne FEE'S £378.00 £1,118. £382nO £si.( £7.50 f1,103.00 f 1,197.50 821.50 f637.50 £1,198.81 £1,366.50 £1.424.50 £9,685.81 £o.(x) RE IMBURSEMENT GRANT PAYMENTSIMudiod Theithilnl NPTC PAYMENTSIGRANT WELSH GOVERNMENT PAYMENTS E5,030.Tr) 480. £5.030.00 £560.00 E640.(KI £2,0W. £7,5fil.LK) £650.00 £1,610.00 EI,975.00 £1,185.(X) £1,197.50 £1,972.50 £1,492.50 £11.240.00 £735.00 £975.￿ £1,430.00 E2,140.(M) £15,362.50 In¢ome TOTA15 £1.673.QO E2.733.W £L812.00 £7.101. £1.50 £1.753.QQ ￿4.￿/.50 £Z796.50 £9,382.50 £2.396.31 E3.339.W £Z917.00 E41.318.31 Expendlture WAGES £2,189.46 £2,2(fi.73 £2.189.26 E2,189.26 E2,070.10 £2,306.08 £2,306.28 £2,197.84 £2,234.98 É2,408.33 £2A41.60 £2.44I.46 £L5,00 £60, £15.00 C15.ty) £15.00 £15, £)0.00 £15,00 £27,181.38 £180.00 ACCOVNTANT HMRC £42.37 £42.57 £155.23 É42.37 £77.72 É126.10 É44.99 £531.35 NEST PENSION £64.12 £124.95 £128.24 £68.29 £68.29 £62.47 £146.22 £59.45 £70.30 £792.32 RENT £o.Lh) CLEANING EQUIPMENT CYLCH MOBILE PHONE £o.o) £o.o) CYLCH EQUIPMENT/STATIONARY £115,96 £188,53 £7,14?.46 £100, £30.00 £7,451.99 £630.00 £50.CiI £ioo,00 £50.CQ 50.C £so.00 £200,00 ICO PAYMENT £35.11) E35.00 £6.22 REIMBURSEMENT STAFF £6.22 STAFF DBS £O.(K) STAFF UNIFORMS £o.o) Re imbur5emenl-Parental Fee's £o.(KJ STAFF TRAINING £o,(K) MUDUAD MEITHRIN PAYMENT E125.00 £125.00 Expendlture TOTAL5 £1362.79 £2,355.85 £1414.21 £2,470.07 £2,195.10 £2,544.60 £2,488.16 £2,325.31 £2,327.70 £1843.08 £9,834.61 £2,771.75 £36,933.23 NET INCOME £4,385.08 Registered Charity Number 1198721 Cylch Meithrin Cwmllynfell Report and Accounts 31 March 2024 Cylch Melthrln Cvfflillynfèll Registerèd Charity number. AuthorI￿d Officerfs Report 1198721 Th& authorised officers present thwr rel￿rt and %counts for the year ended 31 March 2024. Prhn¢ipal aetlvltl•s Charity Small CoM￿nY provlslo This report has been prepared In act￿dan￿ with th? provisths in Part 15 01 th& CompanK85 Aet 2006 applKabkn to ¢￿pan￿ subje¢t to th• small cOM￿n*S regime. This feport was approved c 26 February 2025 AM Jones Authorisad Off INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CYLCH MEITHRIN CWMLLYNFELL Charity Number 1198721 I report to the charity tru5tee5 on my exarninat￿ of the accojnts of the Charity for the yeai ended 31st Ktsrch 2024. R•8pon8lbllttlM and bo81• of r•[ As the ¢hariWs trustees you are responsible for the prepara1￿n of Ihe alxwnts in aceordance ￿th the Tequifements of the Cryrvafi￿ Ad 20c61.the 20C6 Acri. Having satssf*d mysew that the accounts off the Chanty are r￿l rwuired to te 8udite(I under Part 16 of the 20C6 Act and elpjible for in¢Jependent eXamina￿'0n. I report in respect of my examinat￿n ol your charitys accounts as carried out under SedK)n 145 01 the chart￿ Act 20111lhe 2011 Acri. In carrying cwJt my exaff#natw I have folkyhtd th? Oirectitsns gNen by the Charity Ccmmwk)n under Sectson 145151 Ibl of th& 2011 Act. Ind•pgnd•nt •x•mln•rf* •t•t•m•nt I hav8 compkled my examinalw I ￿nfirrn thot no matt•rs hav• come to my attentM in nnect￿n with th• examinat￿n gmng me cause to belw¢.' 1. ac￿n11n9 rgcorda wèr• not k•pt *) r•gpect of Ihe Chanty •B requsred by secti￿ 398 ol the 2006 Act.. or 2. the acKounlg do not ac¢vd wth Ihtst• r•¢ord$, or 3. th• aecounts do not comply with the aCLxunling requir•m•nts of SeeiKJn 396 of Ihe 20C6 Act other thon any r•quir•m•nl that the aCc￿nIS gNe a true and fair view wh￿h is not a matter consKlere£l as part of an indyndortt examination.. 4. thè %eounts have nol been prepared in accordan￿ wth Ihe m•thod8 and princip￿9 of the Stslement ol Reetrnmanded pract￿ lor accounliThJ and reporting by ¢haritseS lappluble to chanties preparing theif Kcounts in ￿rdance wth the Financi&l Reportiry Stsndard appltabK• In th• UK and Republ￿ of IreLgnd IFRS 10211. I hav• no concoms and have come xross no other matters in eann•eth)n the examination ¢0 which attèniion shouhl be dra*n in thi8 report in order to enabkn a prop&1 understandino ol the accounts to be A￿U￿t5 ¥nd P•yroll Ltd Gkinyralon Cwm11ynfell Swansea SA9 2FH 26 F•bruary 2025 Cylch M•ithrin Cwmllynfell Profit and Lo$s Account for tho yoar ended 31 March 2024 2024 2023 Turnov•r 41,318 29,455 Cosl of sales 17221 17351 Grou profft 40.596 28,720 Administrative e¥pens•s 136,3471 24,5231 Opornllng pvofft 4,249 4,197 Profft ￿tOrn t•x•tlo 4.249 Tax on profrt Profft lor tho Iln*nclal y••f 4,249 4.197 R¢tsin•d &sWu6 Brought Forward Retainad ProfiVILossl lor the year 9.372 4,249 9,372 R•¢ain8d SurF4us Car￿3 Forward 13,621 9,372 Cylch Mèithrln Cwmllynf•ll Registered Charity number. Balance Shoet as at 31 March 2024 1198721 2024 2023 Currnnt Cash al bank and in hand 13,746 9,372 Cr•dltorn: *mounts falling du• wlthln on• y￿r 11251 N•t curr•n¢ w•ts 13.621 9.372 N•t ••••l• 13.621 9.372 C•pltal and rts•r4 Profi¢ and ￿)s$ account 13,621 9.372 Sharnhold•rn' fund• 13,621 The authoris8d Offic￿ ar$ satisf*d that th8 company 1$ ￿ntst￿d b ox•mption frryn th¢ roquirement to obi•in an audit undef sects'on 477 of the Compan* Acl 2￿6 rh& members have not required th8 company to oblain an audrt in accordanc¢ ¥Aih sect¥)n 476 01 th& Act. The dir•¢tors aCkn(X￿dge their ffjwnsibb'lths for comptying wih the r¢quir•ments of the Cornpan￿ Act 2006 wth accounbng retsyds and Ihé Fxeparation tsf aco)uTrts The ¥¢eounts hav& t•8n pre￿red and ddi¥or•d in ac￿r￿arte th* speaal provisions appluble lo CoMpan￿S subie¢i to the small compan￿ r¢gimg. The wofit and 105s account ha6 not been deliversd to the Re9islrar ol Cornpan￿. AM Jone8 Authtyrised OffKer ApFxoved on 26 F•bruary 2025 Cylch Meithrin Cwrnllynfell Statsment ol Change$ in Equlty for the year ended 31 March 2024 Shar• Shor? Profft c•pttal pr¢rnium v*luatlon •nd los• rn8•p4• account Totsl At 1 Aprll 2022 5.175 5,175 Profrt for thè financkal year 4.197 4,197 At 31 Mareh 2D23 9.372 9,372 At 1 Aprll 2023 9,372 9,372 Prolrt for the ffinancial year 4,249 4,249 At 31 Mavch 2024 13.621 13,821 Cylch Meithrin Cwmllynfell Notes to the Accounts for tho year èndod 31 March 2024 1 Accounting polkl 8asls olprnparathn The accounts have be￿ prepared under the hislorical eonvéntion and in accordance FRS 102. The Financk41 R•p￿Ing Standard appluble in the UK and Republic of Ir¥L4nd las applk8d to small entths by secbon 1A of the stsndardl. Turno Turnover 15 measured at th& fair valuo of the consthratKJn recewl or receivable. net of diseour.ts and value addad taxes. Turnover indudes revenue eamed from th& Sa￿ of g(y)ds and from the rendering of Serv￿$. Turnover from the of gcxxl$ ts f¢cognis8d when the s(gnificant risks and rwar¢Js ol ownership ol the goods have transferred to thè buyèr. Tumover from the rendering of serv1ces i8 recognised by referenctr to th& $w¢ of compkljon ol the contract. The S￿9$ of cKJrnpletion ol a contrac¢ is rneasurtyj by companrrfJ lh8 0)sts inpJrr•d for K)rk perfomad to date to the totsl ￿tsmated tonlract costs. 2 Crgdltor•: amount• falllng du• wlthln on• y•ar 2024 2023 Olh¢r cr•drtors 12S Cylch M8ithrin Cwmltynfell Detailed profit and loss account for th* ygar onded 31 March 2024 This schedul8 does not form part of Ihe stalutsyAcLwnts 2024 2023 41,318 29.455 Cost ol 8a 17221 {7351 Gro8• profft Administrats've exFen8e8 136,3471 124,5231 Opof•llng 4,249 4.197 Profft b•forn tax 4.249 4,197 Cyl¢h Meithrin Cwmllynfell D¢tslled profit and loss account for tho year ended 31 March 2024 This schedule (¥oes not lomi part ollhe st8lirtorya(uwnts 2024 2023 Salo1 Sales 41.318 29,455 Co•t of sal•b Purchases 722 735 Adrnlnl•tr¥tlv• •xpon8 Ernplo￿ costs". Wages and salarie5 Pensions Stsff training ar*J w 27,713 792 23,140 130 23,534 28,$05 General administralve expenses.. T*ltphon• an¢J Internet Stationery and prinbng Equipment expensed 59 371 251 681 106 Legal and profe$$ional costs.. A¢¢tsunton¢y fee$ Oth•r legal and profeswwl 35 128 308 24.523