2025-04-05-accounts

Trustees’ Annual Report for the period

From 6[th] April 2023 to 5[th] April 2024

Charity name: Meifod Preschool

Charity registration number: 1200041

Objectives and Activities

Summary of the purposes of the charity as set out in its governing document	Meifod Preschool is long and well-established childcare and pre- school education service run through the medium of English, for up to 16 children.
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.	We are a child-led setting, where the children make choices about what they learn in a way that is holistic to them. We pride ourselves on the friendliness and efficiency of our staff and ensure that everyone receives a warm welcome. We are an approved setting for Funded Early Years Education for 3- year-olds and the Childcare offer Wales. We aim to provide a happy, safe and secure environment, which promotes learning through play, for all children attending our sessions. We provide a wide variety of activities, which include Numicon, ICT, painting, yoga, play dough and clay, stories, songs and music, sand, large and small toys, and opportunities for physical play inside and outside. We provide an introduction to keywords in Welsh. We have all the equipment necessary to run efficiently and successfully and have the experience of being long established. We also have good links with Ysgol Meifod, the local English medium Primary School. This provides us with a secure outdoor play area for use during our sessions. We coordinate visits to the primary school to help prepare children for school life. There is an integrated transition for children during the term before they start school.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	The trustees all sign the trustee declaration to say they are aware of the guidance issued by the charity commission.

Achievements and Performance

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.	Children at the setting are able to input with topics and planning. The setting follows the new welsh curriculum and uses a child-led ethos. The setting has free-flow allowing the children to be indoor or outdoor, all areas in the setting are available to all the children. Free-flow can be dependent on weather. All staff have the opportunity to plan activities and meet regularly to discuss the children’s interest in order to plan for the following week. Overall, the setting has given staff, children and parents opportunities to be heard and will ensure the children have more opportunities for outdoor play. Photos of snacks are uploaded to a closed social media page so that the parents can see what the children have eaten. Children are also given opportunities to participate in different fitness activities. Child have the choice daily of Mini- Me yoga, which staff recently went on training for, Busy feet and sticky kids. The setting works closely with health visitors, speech and language therapist and action for children. The setting leader attends TAF meetings and ensures children’s needs are met. The setting has ensured all children have their own personal targets. Regular staff meetings and appraisals are conducted. All staff felt comfortable returning to work. OAll staff are up to date with their Safeguarding training. The setting displays a poster with photos of the safeguarding leads and a connect phone number for Powys Front Door. No referrals have been made this year.. The setting has a safeguarding policy and whistle blowing policy in place which is read and signed by all parents, staff and committee members.

Financial Review

Review of the charity’s financial position at the end of the period	At the end of the reporting period the Charity held £13,804.20 in the bank. The year saw income of £47,090.33 from grants, fees, funding and fundraising There was £59,251.73 of expenditure during the year which included resources for the children, food, training and governance costs but with the majority (£51,086.85) being attributable to staff costs.
Statement explaining the policy for holding reserves stating why they are held	Reserves are held in order to continue to provide the service should regular income being interrupted such as a year of lower numbers or increased costs.
Amount of reserves held	5,000
Reasons for holding zero reserves	N/A
Details of fund materially in deficit	N/A
Explanation of any uncertainties about the charity continuing as a going concern	None

Structure, Governance and Management

Structure, Governance	and Management
Description of charity’s trusts:
Type of governing document	Constitution
How is the charity constituted?	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	Membership is open to anyone who has an interest in assisting the Trust to achieve its aim and is willing to adhere to the rules of the Trust. Where it is considered that membership would be detrimental to the aims and activities of the Trust, the Management Committee have the power to refuse membership, or may terminate or suspend the membership of any member by resolution passed at a meeting. The Trust is administered by a management committee of three people who are over 18 years of age. Members elected at the AGM for a period of up to one year but may be re-elected.

Reference and Administrative details

Charity name	Meifod Preschool
Other name the charity uses
Registered charity number	1200041
Charity’s principal address	The Pre-school Hut Ysgol Meifod Meifod Powys SY22 6DF

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

£25,965.60 in bank account 06/04/2024

- 06/04/2024 05/04/2025

Opening bank balance 05/04/2024 Income Minus Expenditure Any outstanding bills etc Closing bank balance (05/04/25) Petty Cash (05/04/25) Held by Preschool Total Balance(05/04/25:	£25,965. 60
	£47,090. 33
	- £59,251. 73
	£13,804. 20
	£235.31
	£14,039. 51

(HARITY (OMMISSION I Independent examiner's report on the FOR ENGLAND AND WALES accounts Section A Independent Examiner's Report Report to the trustoesl - mèmbèrs of Meifod Preschool On accounts for tha year ended 05" April 2024 Charity no (If any) 1200041 Set out on pages I report to the trustees on my examination of the accounts of the above charity 1.the Trust") for th8 year ended 0510412023 R•8ponsibillt1•8 and basis of report As the charity's trustees, you are responsible for the preparation of the ac¢ounls in accordance with the r8qiJirements of the Charities Act 2011 ("the Act.). I r8POrt in respecl of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicablé Directions given by the Charity Comrnission under section 145{5Xbl of the Act. Independent tThe charity's gross income ex￿eded £250,000 and l am qualified lo examlner's statement undertake the examination by being a qualified Member of [insert name of applicable listed bodyll. Delete I l if not applicable. I have completed my examinats'on. I confinn that no material matters have come lo my attention In connection with the examination lolher than that disclosed below ') which gives me cause to believe that in. any material respect.. the accounting records were not kept in accordance with section 130 of the Chanlies Act; or the accounts did not accord wilh the accounting r8cords,' or the accounts did not comply with the applicable requirements conceming the form and content of accounts set oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a 'true and fair, view which is not a matter considered as part of an independenl examinalion. I have no con¢ems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Please delete the words in the brackets rfthey do not apply. Signed: Date: Name: fLtsJ LuoyYD & NJ C S Relevant professional qualification{s) or body IER Oct 2018

(if any): Addross: Section B Disclosure Only complete Il :ne examiner needs lo highlishl material mallers ol concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give hère brief delails of I any items that the examiner wishes to disclose. IER Oct 2018