2024-03-31-accounts

Trustees’ Annual Report for the period

From Period start date 01/04/2023 To 31/03/2024 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 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 £22,153.97. An increase compared to last years £15,832.
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	£10,084.21
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 four main funding sources: • Early entitlement payments made by Flintshire County Council. • 30-hours free childcare payments made by Flintshire County Council • Flying Start payments from 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)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
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 25.7.25

FFURFLEN INCWM AGWARIANT / INCOME AND EXPENDITURE FORM

	UNION / EXACT	UNION / EXACT	AMCANGYFRIF/ ESTIMATE
INCWM / INCOME	BLWYDDYN / YEAR 01-04-22 – 31-03-23	BLYWDDYN / YEAR 01-04-23 – 31-03-24	BLWYDDYN / YEAR
Grant Mudiad Methrin	200.00	11,145.00
Grant Arian Plant 3 oed 3 yr old Education Funding Grant	31,407.50	20,042.50
Grant Cynaladwyedd / Sustainability Grant
Grant Dechrau’n Deg / Flying Start Grant		5,994.00
Grantiau / Eraill / Other Grants	10,878.67	3,109.19
Incwm Hyfforddi ac Incwm Cynllun Cyfeirio / Training income & Referral Scheme Income	2,988.00	462.00
Ffioedd Plant / Childrens fees	11,980.03	12,083.64
Codi Arian / Fundraising	837.60	523.20
Rhoddion ag Eraill / Donations & Sundries	492.00	1,731.74
Cyfanswm Incwm / Income Total A	Interest 8.81 58,792.61	Interest 72.42 55,163.69
GWARIANT/ EXPENDITURE	BLWYDDYN /YEAR 01-04-22 – 31-03-23	BLWYDDYN /YEAR 01-04-23 – 31-03-24	BLWYDDYN /YEAR
Cyflogau a Costau TWE / Salaries and PAYE costs	40,511.68	39,819.56
Costau Rhent, Gwres ayyb / Rent & Heating Costs etc		606.60
Ffioedd Cofrestru / Registration Fees	125.00	125.00
Offer, Nwyddau ag Adnoddau / Equipment, Materials & Resources	11,718.20	3,966.67
Costau Bwyd a Diod / Food & Drinks Cost
Codi Arian/Marchnata / Fundraising/Marketing
Eraill (e.e. hyfforddiant) Other (e.g. training)	3,163.23	4,313.54
Cyfanswm Gwariant / Expenditure Total B	55,518.11	48,831.37
Gweddill (diffyg) am y flwyddyn = A-B Surplus (deficit) for the year C	3,27450	6,332.32
Arian ar ddechraur flwyddyn (dylid cynnwys cyfanswm pob Cyfrif banc) / Cash at year start (this should include the totals of all bank accounts CH	12,547.15	15,821.65
Arian ar ddiwedd y flwyddyn = C+CH Cash at year end D	15,821.65	22,153.97
Cash Tin Current Account Reserve Account	169.56 13,640.30 2,011.79	31.82 12,037.94 10,084.21

Report to the trustees
	Cylch Meithrin Ysgol Mornant
On accounts for the year	31103/2024	Charity no	199699
ended		(if any)
Set out on pages