Rcgistcrcd charity
Number1198810
COOL KIDS@ CRADOC {CIO)
FINANCIAL STA'fLMEIYTS
FOR THE PERIOD I SEPI'EMBER 2024 TO 31 JULY 202S

COOL KIDS @ CRADOC {CiS)
INDEX TO THE FINANCIAI, STATEMENTS
for the perlod ending 31 July 2025
Page
Trnsteu Rewjrt
Indepelldent Examiners Report
Receipts and Payments Account
Statement of Assets Liabilities
Not¢ to the FiDancial Statemenls

COOL KIDS @ CRADOC (CIO)
TRUSTEES, REPORT
for the period ending 31 July 2025
The trustees prcsent th¢ir T¢￿rt with the independently examined financial ststements of Cool Kids@
Cradct (CIO)
REFEREIYCE AND ADMIP4IST114TIVE DETAILS OF THE CHARrrY, ￿S TRUSTEES AND
ADVISORS
Name of Charity:
C(K)l Kids @ Crdd
Registered Charity Number.
1198810
Principle Operating Address:
Cradoc Primary School
Crad
Brecon
Powys
LD3 9LR
Trnstecs."
Jane Elizabeth Vamplew
Jeanette Eli7abeth Norbury
Carys Margaret Woods
Illd¢p¢ndent Examincr:
Joanna Roderi¢K BS¢ ACA
WJ Jamcs & Co
Chartered Accountan
Bishops House
10 Wheat Street
BTecon
Powys
Bankcrs
HSBC
1271128 High Street
MerthJT Tydfil
Mid GlamoJEan
STRUCTURL GOVERNANCE AND MANAGEMENT
Governing Document
Cool Kids @ Crddoc Kids, Club is a CIO registered with the Charits¢s Commission on 3 May 2022,

COOL KIDS @ CRADOC (Cio)
Trustees Report (Continued)
For the period ending 31 July 2025
Recrnitm¢Dt 4ppolntment of trustees- Cool Kids @ Cradoc
The currcnt trustees forni the r..xecutive Committ¢e of the Charity. Unfortunately, this year we hav¢ b¢¢n
unable to appoin¢ any additional members to the board.
Trustee5 IDduc¢ioD And Tralnlng
All of th¢ ctsrrent Tnths have followed any ne¢essary training and updated their DBS this year.
Orgthtii$4tioDal Structure
The charity has been managed by a Board of Trustees who work and make strategic decisions in line witb
the Organisation's 'foundatlOll model, governing wnstitutioJ. Medings have been held quarterly or when
the need aris&s. All decistons and any conllicts of inlerest are care￿IlY minuted and then stored in the
meetings b(K)k for future reference.
The day to day Tunning of C(K)l Kids @ crad(￿ has been managed by 8 qualified Manager/Playleader and a
skilled team of playworkers. The MAnager￿laYI¢adcT reports back to the trust¢¢s at cach board meeting.
Risk Management
Any identifiable major risk to which th¢ Charity is exposed has been deah with quickly and trnnSp&￿it1Y
by the Trnslees.
All of the organisalion'8 Systems. policies and procedures ivere followed througbout and any meetings have
been recorded in the meetin￿MInute,S book.

COOL KIDS @ CRADOC (CIO)
TRUSTEES REPORT (CODtinued)
for the period ending 31 July 2025
OWECTIVES AND ACTIVITIES
Cool Kids @ Cradoc obj¢¢ts (CIO) are:
To provide the necessary facilities for the daily car¢, T¢￿¢&tion and advc¢aiion of children out of
sch(K)I hours.. and
To advance th¢ cducation and training of ihe persons in provision of s￿h caTe, education and
recreational activities
Review of Activities
Although we had f¢w¢r children attending from Scptemb¢r 2024 the s¢aff contijiued to provide a quality
service - full of fun play sessions and interesting activities. Children's optnion atr Imi￿ant and the
cbi]dren conlinued to record their choice of activities in thc Ivhat I want to do today Ix)ok'.
In this years 'serviee users, questionnaire pamits reported that thcy valued that children have a voice in all
that thcy do and are free to give their opinions on the activities they lakc part in. Wc are pleased lo report
that there were no negative comments fron) par¢nt/carers in our quality report or questionnaire.
Public Benefft
The organisation was closed with the Care Insp¢ctorate Wales. for our service user4 on Febnjary 21st
2025. See Financial Statement.
The Truslces always endeavoured lo m￿e SUJE that the chaTity was continuing to build upon the purposes
for which the organisation was originally sel up,. to providc acccssible, affordable, quality childcare for
Childrcn at th¢ b¢ginniug and end of their school day and dluing school holidays.
Cool Kids @ Crndoc provided supervised childcare during terni time between:
7.45 am- 9.05 am - Breakfast Club
3.30 prn- 6.00 pm- After school Club
In holiday club bctwccn: 7.45 am- 6.00 pm
It is with great sadness that OUT sctting has closed after 23 years {only 3 years as a CIO). Over Ihcsc ycars
we have supplied qua]ity chil(kare to h.Jndreds of thildren which in turn has allowed their parent￿earerS lo
be able lo work or entcr cducation knowing their children were experiencing the Ixst possible care.

COOL IKIDS @ CRADOC (Cio)
TRUSTEES REPORT (continued)
for the perlod ending 31 July 2025
Flnancl&l Revlew
Prlnciple fundlng source
The Charity's principal funding source is from the fees charged to the parents of the children attending Cijol
Kids @ Cradoc.
In last year's Trnstee report we reported on ihe diffiGulti¢s lh￿ Cool Kids @ Cradoc were having tying to
rais¢ suificieni funds to maintain the setting. Our lack of fijnds was du¢ lo a higher llumbcr of childrcn than
usual leavAng lo go to high school and fewer thildren joining us from the pre-school setting. Also a change
in Ihe operating sttucture of the school had caused fewer children to join the sch(x)l and therefore there was
a reduced demand for cliildcare.
There was also the addilional problems of not being able to recruit a leaderlmanag¢r for the setting with the
necessary qualifications as spe¢ified by the Care Inspcctoratc Wales (CIW). Also. we had an increasing
number of parents not payin¥ their bills.
The Trustccs atul Tr¢asurer continually looked for alternative fLmding sources and a]so rais￿ the
attendance fees to help generdte extra Tevenue. The Trustees werc also aware that our worsening financial
position would escalate with the pending increase of the National Mintmum Wage and thc incrcasc in
Employe￿ National Insurance Contsibution5 from April 2025.
Sadly, we were unable to raise sutTicicnt capital to re￿￿1n a sustainable business and we had also used up a
high proportion of our cash resetves tying to keep the setting O￿n. As a ￿SuIt we had to close our
childcare setting lo o'ar y￿rVice on the 21" February 2025. This decision was not taken lightly.
The rnrnl school from which we opernted from is now having dÉfficulty remaining open due to a shortage
of children att¢nding.
Equipment and resources
We haye purposcly waited 9 Months befor¢ We totally closed our CI￿ltY in the hope we could have
reopened. Howevcr, this is no longer a possibility due to a scarcity of suitable nwal premises and also we
w￿¢ unable to retain our staff. We have donated mosl of our resourccs and equipment to a local scout
group and a children's Q*turday llLorning club. Any remaining resowces and equipment will be dollated,
via our local childcare (kvelopment officer, to other clubs in the area.

COOL IKIDS @ CRADOC (CIO)
TRUSTEES REPORT (continued)
for the period ending 31 July 2025
Statemenl of Tru5tees' Respon5ibillty
The trustees are responsible for preparing the Trustees, Report and Ihc fllwicial ststcmenl in awordall¢e
with applicable law and th¢ United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
The law applicable to charities in England and Wales requires the trusiees to prepare fjllancial Statements
for each finaDcial year which gives a tn]e and fair view of the state of affairs of the charity and the
incoming resources and applications of r¢sour¢¢s of Ihe clwiiy fur that ￿ti1)d. In prcparing thc5c fjnancial
siatemenls, the trustees are required io..
Sel￿t suitabl¢ policies and apply them conststently:
observe the methods and principles in the Charities SORP 2019 (FRS102)"
makc judgernents and estimates that are reasonable and prnd¢nt.'
st8tc whether applicable accounting standards have been followed, subject to any material
departures disclosed afjd explained in the fllwicial statements;
prepare th¢ financiaj Stat￿lentS on an ongoing concern basis unless it is inappropTiate to presume
that the charity will Continue in operalion.
The trustees are responsible for keeping accounting ttcords that disclose with reasonable accuracy at any
time the financial position of Ihc charity and enabl¢ them to ensure that the financial statcments comply
with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2008 and the provision of the trnst
d¢ed. Tiiey are also Yesponssblc for safeguarding the assets of the chatity and hence
- tsking reasonable
steps for the prevention and detection of fraud and other iTregularities.
Signed oll the behalf of the T￿￿tee$
Jane E]iz&beth Vamplew- Chair

COOL KIDS @ CRADOC (CIO)
Independent Exgminer's Report
to the Trustee5 of Cool Kid$ at CrJdo¢ Kids, Club (CIO)
I report lo the charity ttustees on my examination of the accounts of the charity for the ￿riod I September
2024 to 31 July 2025 which are set out on pages 7 to 9.
Respon5ibilitie5 and ba515 of report
As the charity's trustees you are responsible for the preparation of th¢ accounts in accordance with th¢
requirements of the Charities Act 2011 ('th¢ A¢t').
I report in respect of my examination of the charity's accounts Ca￿led out under section 145 of the Act and
in carrying out my exatnination I have followed all the applicable diredions given by the Charity
Commission under section 145(5)(b) of the Act.
Independenl examiner's slatement
I have completed my examination. I confirni that no mateTial matter5 have corne to my attention in
connection with the examination giving me cause lo believe that in ¥ny matcrial rrspcct:
arcounting rrfords W¢Te nol k¢pt ill respect of the charity as required by section 130 of the Act. or
2. thc accoullts do not accord with thos¢ ￿ords. or
the accounts do not Lomply with the applicable requirements ￿ncerning the forn) and content of
the accounrs set out in the Charities {Aecounts and Reports) Regulations 2¢M)8 other than any
requir¢inent that th¢ accounts give a 'true and view, which is -..ot a matter considered part of an
independent examtnation.
I have no concerns and have come across no other matters in connection with the examination to which
attention should b¢ drawn in this report in order to enable a prow understanding of the accounts to be
re￿h¢d.
J M Roderick BSC, ACA
WJJames&Co
Clwtcred Accounlanl
10 Wheat Street
Brecon

COOL KIDS @ c￿￿0C (CIO)
RECEIPTS AND PAYMENTS ACCOUNT
for the perlod I Stpttmbtr 2024 to 31 July 2025
01.0924
to
31.07.25
Total
Funds
2024
TotAI
Funds
Notes
Ullrestricted
Funds
INCOMING RECEIFrs
Fees
Grants
22,252
2,904
22.252
2,904
49.615
4,458
25,156
25.156
54.073
TOTAL INCOMING RECEIYts
RESOURCES EXPENDED
Stat7 salaries
Staff pensions
Equiprncnt and games
Consumables
Materials
Insurance
Accountalicy
Payroll services
Stationery
Post and telephone
Worksliops
Subscription5 and membejship fees
Trdining
Sundry
Rcfund ov¢rpaid fees
Bank Charg¢s
29.252
99
710
1,262
280
557
252
438
223
49
29.252
99
710
1,262
280
557
252
438
223
49
51.452
128
1.519
2.602
609
522
246
600
142
228
105
327
141
571
24
105
54
516
105
54
516
50
50
TOTAL RESOURCES LXPEIYDED
33047
33,847
59276
NET PROFIT FOR THE PERIOD
(&691)
(8,691)
(5,203)
Cash bank bAIAnceg as at I Septsmber 2024
8,990
14,J93
Cash and bank balances a8 at 31 Jnly 2025
299
299
8.990

COOL KIDS @ CRADOC (CIO)
STATEMENT OF ASSFTS AND LIABILTTIES
a$ at 31 July 2025
F4otes
21)25
2024
BANK BALANCES
HSBC Schools and Colleges a¢wunt
299
8.990
TOTAL MONETARY ASSETS
299
8,990
Comprising '.
UDrcstrictcd funds
Restricted Funds
299
8,990
OTHER ASSETS
Debtors
223
6,529
I,IABILITIF.S
Credito
324
9,648
Signed on behalf of the Trustees
Jane EIIzYdbeth VAmplew- Cha

COOL KIl)S @ CRADOC (Cio)
NOTES TO THE FINANCIAL STATEMEKrs
for the period I September 2024 to 31 July 2025
BASIS OF PREPARATION
These accounts have ￿en preP￿Ed on a Receipts and Payments basis in line with The Charity
Commission guidancc for a CIO of this size.
DEBTORS
2025
2024
Fees outstanding at 31 July 2025
223
6,529
CREDITORS
2025
2024
Wag¢$
Aecountattcy
J. Owen- expenscs
8.685
250
713
250
74
324
9,648
REMUNERATION OF TRUSTEES AND CONNECTED PERSOF4S
No Temuneration has been paid io Trustees or connected persons (2024:NIL) during the period
RELATED PARTY TRANSACTIONS
During Ihe period the Clwity had no related party transaclions (2024..NIL) with its Trustees /
Senior Officers and the organisation they represent on the Board of Cool Kids @ Crddoc.
TAXATION
Cool Kids@ Cradoc is a registered ¢harity. All the ChaTiti¢s' in¢ome is applied to its charitable
objectives and the association is therefore exempl under cU￿t legislation from mosi fonns of
taxation.