2023-03-31-accounts

Trustees’ Annual Report for the period

From Period start date 01/04/2022 To 31/03/2023 Period end date Charity name: Cylch Meithrin Ysgol Mornant

Charity registration number: 1199699

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To provide childcare and education for children 2-4 years of age through the medium of Welsh.
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	Pre-school education for children aged 2 years – 4 years.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	All relevant decisions have been made by trustees with regard to the public benefit guides.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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	The Cylch became a CIO in July 2022 with three Trustees – Albert Leverett, Deborah Faulkner and Sara Leverett The Cylch continues to provide childcare to children 2 – 4 years old between the towns of Holywell and Prestatyn. The Cylch continues to offer Early Education and received a number of grants to support developing the Curriculum for Wales within the non- maintained sector.

Additional information (optional) You may choose to include further statements	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	The closing funds for this year end is £15,832. An increase compared to last years £12,547.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The CIO holds reserves to cover running costs in less busier times of year and also for redundancy situations.
Amount of reserves held	Para 1.22	£2011.79
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

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	The CIO has three main funding sources: • Early entitlement payments made by Flintshire County Council. • 30-hours free childcare payments made by Flintshire County Council • Payments received directly from the families of the children attending the provision.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46	There are no imminent risks facing the charity. However, changes to either early- entitlement or 30-hours free childcare funding, or a reduction in the number of children attending the provision could pose a risk in future. These are both monitored closely by the staff and trustees.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
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	Elected during an AGM.

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 Ysgol Mornant
Other name the charity uses
Registered charity number	1199699
Charity’s principal address	YSGOL GYMRAEG MORNANT PICTON ROAD PENYFFORDD TREFFYNNON CH8 9JQ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Albert Leverett
	Deborah Faulkner
	Sara Leverett

– 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

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for 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

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) ASLEVERETT Full name(s) Albert Steven Leverett Position (eg Secretary, Chair Chair, etc) Date 15.3.24

FFURFLEN INCWM AGWARIANT / INCOME AND EXPENDITURE FORM

	UNION / EXACT	UNION / EXACT	AMCANGYFRIF/ ESTIMATE
INCWM / INCOME	BLWYDDYN / YEAR 01-04-21 – 31-03-22	BLYWDDYN / YEAR 01-04-22 – 31-03-23	BLWYDDYN / YEAR 01-04-23 – 01-03-24
Grant Mudiad Methrin	1,400.00	200.00
Grant Arian Plant 3 oed 3 yr old Education Funding Grant	16,015.50	31,407.50
Grant Cynaladwyedd / Sustainability Grant
Grant Dechrau’n Deg / Flying Start Grant
Grantiau / Eraill / Other Grants	4,624.00	10,878.67
Incwm Hyfforddi ac Incwm Cynllun Cyfeirio / Training income & Referral Scheme Income	320.00	2,988.00
Ffioedd Plant / Childrens fees	18,826.08	11,980.03
Codi Arian / Fundraising	1,027.65	837.60
Rhoddion ag Eraill / Donations & Sundries	6.07	492.00
Cyfanswm Incwm / Income Total A	Interest 0.24 42,219.54	Interest 8.81 58,792.61
GWARIANT/ EXPENDITURE	BLWYDDYN /YEAR 01-04-21 – 31-03-22	BLWYDDYN /YEAR 01-04-22 – 31-03-23	BLWYDDYN /YEAR 01-04-23 – 31-03-24
Cyflogau a Costau TWE / Salaries and PAYE costs	30,187.19	40,511.68
Costau Rhent, Gwres ayyb / Rent & Heating Costs etc	434.40
Ffioedd Cofrestru / Registration Fees		125.00
Offer, Nwyddau ag Adnoddau / Equipment, Materials & Resources	4,377.66	11,718.20
Costau Bwyd a Diod / Food & Drinks Cost
Codi Arian/Marchnata / Fundraising/Marketing	72.00
Eraill (e.e. hyfforddiant) Other (e.g. training)	927.57	3,163.23
Cyfanswm Gwariant / Expenditure Total B	35,998.82	55,518.11
Gweddill (diffyg) am y flwyddyn = A-B Surplus (deficit) for the year C	6,220.72	3,274.50
Arian ar ddechraur flwyddyn (dylid cynnwys cyfanswm pob Cyfrif banc) / Cash at year start (this should include the totals of all bank accounts CH	6,326.43	12,547.15
Arian ar ddiwedd y flwyddyn = C+CH Cash at year end D	12,547.15	15,821.65

CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Reportto the trusto08 Cylch Melthrin Ysgol Momant On accounts for the year ended 3110312023 Charlty no {If any) 1199699 Set out on pag08 1&2 I report lo the trustees on my 6xaminalion of the 8¢¢ounts of the above charity {"Ihe Trust'l for the year 8nded31 CJ3 2LYLI A8 thè charity's trusl88s, you arè responslble for the preparatlon of the accounls In accordance wlth Ihe requlremenl$ of the Charilles Act 2011 {Ihe A¢l'). R•spon8lbllltl•• and ba818 of roport I report In respect of my examinallon of th6 Trust's ac¢oun18 cÉth8d out under section 145 of the 2011 Act and In carylng oul my examlnallon, I have followed all the appllcable Dlrecllons glven by the Charlly Commlsslon under Secllon 145(51{b) of the Act. Ind&pendent tThe charlty's gross Income exceeded £250,000 and l am qualifled lo gxamlner'8 81atement undertake the examlnalion by being a quallfied member of Ilnsert name of appllcable Ilsted bodyll, Dglete I l if not appllc8blg. I have completed my examlnallon, I confirm that no mater181 matter8 have come to my attention in connection with the examination {other than that disclosed below ') whlch glve8 me c8U8e to believe that in, any malerlal respg¢1'. the accounting r8cords wer8 not kept In a¢¢ord8nce with section 130 of the Charllies Act., or the accounts dld not accord with the 8¢counting record8', or the accounts did not comply with the applicable requirements concernlng the form and ¢onlenl of a￿ount9 Sel out In the Charitles (Accounts and Reports) Regulallons 2008 other than any requlrement that the accounls give a 'lrue and fair, view which Is nol a matter considered as part of an Ind6pend6nt ex8mln8110n. I have no concerns and have come across no other matters In connection wllh tha 6xamination lo which attention should be drawn In this report in order to enable a proper under81anding of thg accounts to be reach8d. Please delete the words in the br8¢kets if they do nol apply. Slgned: Date: 1510212024 Name: Kerry Morgan (BA. BFP, FCA) Relevant professional qualificationls) or body ICAEW IER Oct 2018

(If any): Address: Sage & Company Business Advisors Ltd 102 Bowen Court ,st Asaph business park LL17 OJE Section B Disclosure Only complete if the examiner needs lo highlight malerial matler$ ol ¢on¢ern ($88 CC32, Independent examination of charity apKounls: direction8 and guldance for examiners). Glve hero brlel detalls of any Items that the 6xamlngrwl8he¥ to dlscloso. IER Oct 2018

CHARITY COMMISSION FOR ENGIAND AND WALES Cylch Mellhrln Ysgol Momant 1199699 Receipts and pa ments accounts 3110312023 CC16a For th• p•rlod from 0110412022 To Section A Receipts and payments Unr•9trletad fundg tolhg nMr••t R8strlctgd funds Endowment funds Total funds to th• nwr••t e toth• E toth• n••r••¢£ IOlh• n•ar•8t£ A1 R9¢•1 t• Donallons. le Fundrasl evpnt¥ FOBB for chartlabk act￿￿9¥ Inwme Inl8rn41 oamed 42,978 6)8 988 tota mss n¢ome AR) ,793 A2 A88•t and Inv•Btmont

alos, (Boo tAbl•l.

Sub total 18.793 A3Pa m9nts W•9•WS•l8rf¢18￿ n•iional I￿ur&n 40,fj11 11,718 125 2,162 40,612 Equlpmeni. M•i•rfal1 & R￿0{¥¢•1 Re Foe Thor p8ymeni$ ¥L￿draIsI Imathell 125 Sub tolal 6$,118 A4 Asset and Inv•8tm•nt urchasgs, $00 tabl• Sub total ,618 Net of re¢olpts/{paym•nts) AS frnn$f8rs batwe6n funds A6 Co$h fund$ last yèar end Cash funds thls yeargnd 3,274 10 12,647 16.832 3,274 12,647 16,832 CCXX R18¢eount8 ISSI 2710312024

Section B Statement of assets and liabilities at the end of the period Unrestrlct•d lund$ lo ng•r•st É Restricted funds to D••r•stt Endowment fund8 to no•r•¢t£ Categories Details 81 Cash funds Ca$h •1 bank ond In ha 13,640 Reserye 2,012 Cash In Iln 17 P￿￿ Cash 1Q Total ca$h funds 18,832 (IBM•￿1￿%•¥￿th rtKèipti and payrnen •>>Juntl•ll unT￿l￿¢t8d fvnds R￿trIctd fund8 to ng4r••t £ Endowmont fvnd• Detall8 tt n•4r•81£ ¢¢+ ng•r•1l£ Fythd to whl¢h Curr•ntvalu• Dolails B4 A8••t• r•t•lned for the ch4rlty'• own uso Fund t<+ roLqt88 Amoumt du• tlonal Whgn du* lon• Details BS LlabSllti05 Slgned by one or trustèes on behall of all the tru$tee$ Slgnalure Prlnt N8mo Dale of oval LBtsTS CCXX R2 accounls ISSI 2710312024