Registered charity
Number 1198810
COOL KIDS@ CRADOC (CIO)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2024

COOL KIDS @ CRADOC (as)
tNDF.X TO THE FINANCIAL STATEMENTS
for the year ending 31 August 2024
Pvdge
Trustees Report
Independent Examlners Report
Recelpts and Payments A¢wunt
Statement of Assets and Liabilitieg
Nole to the FiDaDcial Statements

COOL KIDS @ CRADOC (Cio)
TRUSTEF,S' REPORT
for ¢he year ending 31 August 2024
The trustees Present their report with the independently examined financial statements of Cool Kids@
Cradoc {ClO)
REFERENCE AND ADMINISTRATIVE DETAIIS OFTHF. CHARITY, ITS TRUSTEES AND
ADVISORS
Name of Charity..
Cool Kids @ Crnd(X
Registered Chariry NuJnber:
1198810
Principle Opcrating Addr¢ss:
Cradoc Primary School
Cradoc
Brecon
Powys
LD3 9LR
Tn￿teeS.'
Jane Elizabeth Vamplew
Jeanette Elizabeth Norbury
Carys Margaret Wood5
Independcnt Examiner:
Joanna RodericK Bsc ACA
WJ James & Co
Chartered Accountants
Bishops House
10 Wheat Street
Brecon
Powys
Bankers
HSBC
1271128 High Str¢¢t
erthyr Tydfil
Mid Glamorgan
STRL'CTURE, GOVERNAIYCE AND MANAGEMENT
Governing Document
Cool Kids @ Cradoc Kids, Club is a CIO registered with the Charities Commission on 3 May 2022.

COOL KIDS @ CRADOC (CIO)
Trustees Report {¢ontinued)
For the year ending 3111August 2024
Recrnitment and appointment of trustees- Cool Kids @ Cradoc
The cU￿t truste¢s forn the Executive Committee of the Charity. Unfortunately, this year we have been
unable to appoint any additiojjal members to the board. However, all serving officcrs agrcd to remaill On
the for a furth¢r lam and in line with our constitution.
Trustees Induction and Training
All of the Current charities trnstees have followed any nccessary training and updatcd their DBS this ycar.
Information pa¢k5 We￿ prepared for this years Alim containing details of expected iraining and
recommended reading- Roles and RespoJ)8ibilities of Trnstees, the organisation's constitution, a copy of all
thc policics and procedures, the business plan and financial reports. However, this year once agai)) we have
been unable lo recruit any new trustees to our boar
OrganisatiOllAI Structure
The charity is Managed by a board of trustees who work and make strategic decisions in line with the
organisation's 'foundation model, governing ¢onstitution. Meetings are held quarterly or when th¢ need
arises. All d¢cisioDs and any conflicts of interest are Ca￿fUllY minuted and then stored in th¢ meetings b(K)k
for ￿tllre reference.
The day to day running of Cool Kids @ Cradoc is managed by a qualified Manager/ Playleader and a
skilled team of playworkers. The Manager/Playleader reports back to the truste¢s at each board meeting.
Risk Management
Any identifiable major risk to which the Charity is exposed is quickly and trnnsparently dealt with by the
trustees. Oncc a risk is identified il is reviewed by the fvll board of trustees and systems are set up to
alleviate any ongoing problems that Could jeopardise the WO￿ of the Charity.
All of the organisation's systems, poli¢i¢s and pro¢￿ureS are reviewed every ycaT in MaTch or after any
illcident or major event. The I￿st￿5 make it their business to keep infomed of any new legislation or
changes to the Care tnswctordte Wales {CIW) Quality Standards for Oul ol School Childcare.

COOL KIDS @ CRADOC (CIO)
TRiISTEES RF.PORT (eontiTbued)
for the year eDdin% 31 August 2024
ORTECTIVES AND ACTIVTrIEs
Cool Kids @ CTadoc objects (CIO) are..
To provide the necessary facilities for the daily care, re￿eation and advocation of children out of
school hours: and
To advance th¢ education and training of the ￿r$onS in provision of such care, education and
recreationRI activilies
Revieiv of Activities
The statT plan and provide lots of interesting activities throughout the year. During this year we have
organised circus skills. European themes
culture, cooking and travel. New challenging crnft ideas
ro¢het, weaving and knitting, Clay work, planting, forest school and mediev&l themes, b￿h
activitieslsport, sailing themes and light house modelling. On¢ ol lh¢ most celebrated days was the music
workshop which covered keyboard and drum sessions. However. the den building sessions are still, by far,
the favourite activity.
In this years 'geTYice users, questionnaire and quality report the parents reported that they valued that
¢hildr¢n have a voice in all ihat they do and are free to give their opinions on the a¢livilies they tak¢ part in.
We are pl¢as¢d to report that there w¢re no negative comments from parenVcareTS. in our quality re]x)rt (
questionnaire.
Public Benefi¢
The trnstees endehvour to make sur¢ that the charity is continuing to build upon th¢ purposes for which the
organisation was originally set up. to provide accessible. affordable. qua]ity childcare for children at the
beginning and end of th¢ir school day and during 8ehool holidays. This then provides support for working
families and those in education or training.
Cool Kids @ Cradoc provides supervised childcare during terni time b¢ttve¢n.'
7.45 am- 9.05 am- Breakfast Llub
3.30 pm- 6.00 pm-After school Club
In holiday club between.. 7.45 am- 6.00 pm
Our staff hav¢ providcd 8 stimulating and recreational programme of quality play activities foT the children
attending. Some children attend ¢v¢ry s¢ssion 50 the staff try to m8k¢ ihe &¢tiviti¢s as varied &$ possible
and, because we are a Lhild led 4etting, to also allow for children's fre¢ Choice of play.
The organisation was inspected by the Care Inspectt)rnE Wales on February l s 2024 and was graded a5
'800d' in cvery category
Well-being. Care and Developmen¢ Environment and Leadership and
Management.

COOLIKIDS @ CRADOC (CIO)
TRUSTEES REPORT (continued)
for the year ending 31" Allgu5t 2024
Within the Care Inspectorate report it was notcd that..
The people wko the selling have a good vtsionfor the .setling ondpnn4des clearpolicTes. in line with
regulations and t1￿ Notiortal Mininzum Siandards. They enplre slaff 4tre supported well and are given
appMpr￿1e trainingfor iheir roles.
The children attendiMgf¢¢l a sense of belonging. theyfeel s'afe. huppy, enihusiasiic andfonn close bol￿S
wilh $￿ff, all of which hLU a posiÉive ipnpuct on their well-being and motivaii04. Children are enihusiaslic
eryoy opportunities toploy and lédnL
FiDaDcial Review
Principle ￿ndIng source
Th¢ Charily's princlpal funding souw¢ is from the fecs chargcd to the parents of the children atr&nding Cool
Kids L& Cradoc.
Re$erves Policy
The Trustees endeavour to reserve a level of reswves that will cnsurc the Charity can still remain
sustainable. However, thi5 ycar we hav¢ had enonn¢)us di)Ticulty mailllaining our financial res¢rves. We
have not bad the high level of attendance that we have had in previous years. This was due to a larger than
aver&ge number of our rcgular children leaving for high school at the bcgillniDg of S¢pt¢mb¢r 2023 and
fewcr children joining us from the pre-schcKyl setting. Also a change in the operating structure of the school,
from which ￿'e run our serviK has caused fewer children to join the sch￿1 and the￿fore there has bccn a
lower demand for childcare.
Taking all of the above into consideration wc ate still in a position to go forward into our llew financial
year. This has becn hclped by grant funding from the Powys CC Childcar¢ team lo cover some of the cost
of wages for our sessional staft looking after ihe club's additional needs children. We are also planning to
in¢￿se our fees from September to help cover the shortfall in fees due lo the lower numbers of children
allending.
The trnstees and rnaTragcn￿nt team of Cool Kids @ Cradoc are always a¢lively looking foT new fullding
sources and the necessary training courses for their gtaff. With the help of a new business plaj) we not only
hope to incrvdse rev¢nue but also provide staff with the access to the necessary training courses to enable
them to move forward in their Careos.
Cool Kids @ Cradoc has a dedicated team of trustees and stsff all of rccogDise that play is an
important part of Children's lives. By providing quality childcare it helps parents to continue to work or
return to cducation knowing their children are having fi]n whilst being well cared for. This in turn then
benefits the economy as a whole.

COOL IKIDS @ CRADOC (CIO)
TRUSTEES REPORT {continue(D
for the year ending 31 August 2024
Statement of Trnstees, Responsibility
The tmstccs are re5pon5ible for preparing the Trustees, Report and the financial ststement in accordance
with applicable law and the Unilcd Kingdom Accounting Stsndards (unit￿ Kingdom Gen¢rally Acccpted
Accounting Practice).
The law applicable to charities in r.ngland and Wales require5 the trustees to prepare financia] ststements
ror each financial ycar which gives a tnLe and fair view of the state of affairs of the clLatity and the
incoming resources and applications of resources of the cbaTity for that PCTiI)d, Jn prepating these fllwicial
statements. the trnstees are required to:
Sel￿t suitable policies and apply them consistently:
observe the methods and principles in the ChaTities SORP 2019 (FRS102)'
make judgements and estimates that are reasonable and prudent:
ststc whether applicable accounting standards have been followe￿ subject to any mafrrial
departures disclosed and explaincd in the financial ststemenls"
prepare the financial staternet￿ on an ongoing con¢¢rn basis unless it is inappropriate to presume
that ihe ckwity will ¢ontinu¢ in OF¢ration.
The tn￿eeS are responsible for keeping accounting records that disclose with reasonabl¢ accurdcy at any
timc the fjnancial position of the charity and enable them to ensure that the financial statements comply
wlth th¢ Charities Act 2011, thc Charity (Accounts ReEx)rts) Re¥ulations 2008 and th¢ provision of th¢ trust
d¢¢d. They are also responsible for safeguarding the assets of the charity'aThd hence for taking reasonable
steps for the prevention and detection of fiaud and Ot1￿ ittegularities.
Sfigned on th¢ behilf of tbe Trnstees
Jane ElizAbdh Vamplew- Chair

COOL KIDS @ CRADOC (Cio)
Independent Examiller's Report
lo the Trustees of Cool Kid5 41 Cradoc Kids, Club (Cto)
I report lo the ¢harity trnstees on my examination of the accounts of the charity for th¢ year ended 31
August 2024 which are set oui on pages 7 to 9.
Respon$ibi]itie5 and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in a¢cordaD¢¢ with the
reqU1￿ments of the Chariti¢s Act 2011 ('the Act,).
I r¢port in r¢S￿¢t of my cxamination of the charlty's accounts carried out under section 145 of the Act and
in carrying out my examination I have followed all thc applicable dircctions givcn by the Charity
Commi&8ion under section 145(5)(b) of the Act.
Independent examiner's Statement
I have completed my examination. I confirn) that no material matt￿￿ have come to my attention in
onnection with the examination giving me cause to ￿lIeVe that in any material respect:
awunling records were not kept in ￿SpeCt of the ¢harity as required by section 130 of th¢ Act. or
2. thc accoullls do not acconl with those r¢wrd$' or
the accounts do not comply with the applicable requirements concerning the forni and content of
the accounts sct out in the CIWIti￿ (Acwunts and Reports) Regulations 2008 other than ally
requirement that the accounts give 8 'true and view, which is not a matter considered as part of an
independent examination.
I have no concem8 aThd havc comc across no othcr matters in conncction with th¢ examination to which
attention should be drawn in this rew>rt in order to enable a proper understaoding of the accountg lo be
reached.
J M Roderick BSC, ACA
WJJames&Co
Chartered Accountant
10 Wheat Street
Brecon
aa.losla.g.. ........ ...

COOL KIDS @ CRADOC (CIO)
RECEIIryS AND PAYMENfs AccoiJKr
for the year ending 31 August 2024
2024
Total
Funds
2023
Totsl
Funds
Notes
Unrestrieted
Funds
INCOMING RECEIPTS
Fees
Grants
49,615
4,458
49,615
4,458
53,646
2.885
54.073
54,073
56,531
TOTAL INCOMING RECEIFrs
RESOURCES EXPENDED
Staff salaries
Staff pensions
Equipn]ent and games
Consumablcs
Materials
Insurancc
Accountancy
Payroll services
Stationery
Post and tclcphone
Workshops
Subscriptions and membership fees
Training
Sundry
Refi￿d overpaid fees
Bajth Charges
51,452
128
1.519
2.602
609
522
246
600
142
228
105
327
141
571
24
60
51,452
128
1,519
2,602
609
522
246
600
142
228
105
327
141
571
24
60
46,060
141
1.023
2,823
90
522
240
431
262
232
257
202
365
62
TOTAL RESOURCES EXPEIYDED
59,276
59,276
52,710
NET PROFIT FOR THE PERIOD
(5,203)
(5.203)
3.821
Cash and bank balanees as at I September 2023
14,193
14,193
iOJ72
Cash aDd bank balrdnces Is at 31 August 2024
8,990
990
14,193

COOL KIDS @ C￿￿0C {cio)
STATEMENT OF ASSETS AND LJABILrrtES
as at 31 August 2024
Note5
2024
2023
BANK BALANCES
HSBC Schools and Colleges account
8.990
14,193
TOTAL MOIYETARY ASSETS
8.990
14,193
Comprising .
Unrestricted funds
R¢stTiCl￿ Funds
8,990
14,193
OTHER ASSETS
Debtors
6.529
6,392
LIABILITIES
Creditors
9,648
11,960
SigDed on behalf of tbe'frustees
Jane Elizabeth Vamplew -

COOL KIDS @ CRADOC (Cio)
OTLS TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024
BASIS OF PREPARATION
These accounls have been prepared on a Receipts and Payments basis in line with 11)e Charity
Commission guidance for a CIO of this size.
DEBTORS
2024
2023
Fees outstsnding at 31 August 2024
6.529
6.392
CRED￿oRs
2024
2023
Wages
Accountancy
J. Owen- expenses
8,685
250
713
10.710
240
i.oio
9.648
11.960
REMUNERATION OF TRUSTEES AND CONNECTED PERSONS
No remunerdtion has been paid to Tn￿teeS or connected persons (2023..NIL) during the year.
RELATED PARTY TRANSACTIONS
During the year the Clwily had no related party transactlODS {2023..NIL) with its Trnstees / Senior
Officers and the org8nisation they represent on the Board of Cwl Kids @ Cradoc.
TAXATION
Cool Kidso Cradoc is a registered charity. All the Charities, income is applied to its charitable
Objc￿tiveS and Éhe asswiation is ih¢r¢foT¢ exempt undeT Cu￿ent legisl￿10n from most foLmS of
taxation.