2024-03-31-accounts

C Ich Meithrin Pont Gof ddol r Ymddiriedolw r 0 04104123 - 31103124 Adroddiad Bl Enw'r elusen: Cylch Meithrin Pont y Gof Rhif cofrestru elusen: 1202622 Enwau'r ymddiriedolwyr elusen sy'n rheoli'r elusen Bethan Prys Jones Tudur Dafydd Phillips Cain Eleri Griffith Anwen Fflur Williams Amcanion a Gweith areddau Bwrdd Ymddiriedolwyr Elusen Cylch Meithrin Pont y Gof yn cyflwyno eu hadroddiad blynyddol chyfrifon archwiliedig am y flwyddyn a ddaeth i ben 31. mis Mawrth 2024 a chadarnhau eu bod yn cydymffurfio a gofynion Deddf Elusennau 2011, y weithred ymddiriedolaelh a'r SORP Elusennau IFRS 102). nodeb o'n nodau: Ein nod yw darparu gofal sesiynol a blynyddoedd cynnar cyfrwng Cymraeg o safon i blant rhwng 2 oed ac oed meithrin ysgol. Prif amcan Cylch Pont Y Gof yw sicrhau hapusrwydd diogelwch pob plentyn. Darperir y gofal gorau posibl mewn amgylchedd hapus a gofalgar. Mae cyfle i bob plenlyn ddysgu trwy chwarae a datblygu i'w lawn botensial. Cyfiwynir gweithgareddau i blant dros 2 oed sy'n hyrwyddo'r Cwricwlwm i Gymru. Bydd hyn yn sicrhau bod y plant yn cael y dechrau gorau posibl ym mhob agwedd o'u haddysg. Rhoddyd sylw penodol ar gynllunio'r ardal chwarae tu allan fel y gallwn ddarparu cyfieoedd a rhoi pwyslais ar weithgareddau ysgogol i'n plant ddefnyddio'r awyr agored. Ein Hamcanion- Cefnogi plant i gyflawni'r canlyniadau gorau posibl trwy ofal, dysgu a chwarae.. Rydym yn cynnig teganau ac adnoddau o'r safon uchaf, sy'n briodol i anghenion, datblygiad ac oedran y plant. Cyflwynir plant dros 2 oed i weithgareddau sy'n hyrwyddo'r Cwricwlwm i Gymru er mwyn sicrhau'r cychwyn gorau posibl i'w haddysg. Rydym yn cynllunio ein mannau chwarae awyr agored yn ofalus. er mwyn creu cyfleoedd a rhoi pwyslais ar weilhgareddau awyr agored. cefnogi plant i deimlo eu bod yn cael eu gwerthfawrogi, yn ddiogel, yn iach. ac yn hyderus.. Ein blaenoriaelh yw hapusrwydd a diogelwch pob plentyn- mae ein hamgylchedd cartrefol a hapus yn cynnig y gofal gorau posibl, a'r cyfle i bob plentyn ddysgu a datblygu i'w lawn bolensial. Bydd y plant yn teimlo'n ddiogel ac yn hyderus. sicrhau bod ansawdd y gofal yr ydych yn ei gynnig yn gwella'n barhaus a bod Ileisiau plant a rhienilgofalwyr yn cael eu clywed.. Mae ein staff yn mynychu hyfforddianl rheolaidd, ac rydym yn sicrhau bod gan staff y cymwysterau priodol. Rydym yn gweithio gyda swyddogion cymorth Mudiad Meithrin a swyddogion y Cyngor ac yn datblygu a gwella'r ddarpariaeth yn gyson o ganlyniad i hyfforddiant, cyngor a rheoliadau newydd. Wrth osod ein hamcanion a chynllunio ein gweithgareddau mae ein Llywodraethwyr wedi rhoi yslyriaelh ofalus i ganllawiau budd cyhoeddus y Comisiwn Elusennau.

Ll ddiannau a Pherfformiad Eleni rydym wedi parhau i weilhio mewn partneriaelh a'r awdurdod Ileol i ddarparu cyfleoedd gofal plant 0 2 oed hyd at 11 oed. DNY gyd-weithio yn effeithiol gyda Mudiad Meithrin a Chlybiau Plant Cymru mae'f Cylch wedi fynnu yn yslod y flwyddyn. Niferoedd a ffioedd dis blion: Ar ddechrau Medi 2023 roedd 30 0 blant ar y gofreslr mae hyn wedi cynnydd i 42 0 blant erbyn Ebrill 2025. Roeddem yn gallu cynnig ein gwasanaethau am y pris canlynol trwy gydol y cyfnod dan sylw.. 9.00-11.00 £10.50 y sesiwn 9.00-3.30 £36,00 y sesiwn 9.00-5.30 £42.50 y sesiwn 11.00-3.30 £28,00 y sesiwn 3.30-5.30 £10.50 y sesiwn C nlluniau ar fer d fodol: Gobeithiwn barhau i ffynnu a darparu gofal sesiynol a blynyddoedd cynnar cyfrwng Cymraeg o ansawdd da i bob plentyn rhwng 2 oed ac oed meithrin ysgol. O ystyried y bydd yr isafswm cyflog yn cynyddu yn y flwyddyn nesaf, rydym yn yslyried cynyddu ein ffioedd a byddwn yn gwneud hyn yn unol a rhagolygon ariannol. Adol iad Ariannol Mae aelodau'r pwyllgor Ilywodraethu yn credu'n gryf mewn buddsoddi mewn staff gweithgar, cydwybodol o safon. Mae ein polisi cronfeydd yn nodi ein bod yn defnyddio unrhyw arian wrth gefn ar gyfer gwella lefel staffio, gwella amodau gwailh y staff a chynnal hyfforddiant ar gyfer gwella staff yn barhaus. Bydd yr airan yma yn cael ei gadw yn ol at ddefnyddio staffio yn y dyfodol. Grantiau Mae'r pwllgor reoli wedi bod yn Ilwyddiannus lawn ac wedi Ilwyddo i dderbyn nifer o grantiau ar gyfer dalblygu'r ddarpariaeth yn ystod y flwyddyn. Grant SAS er mwyn sefydlu darpariaeth o'r newydd ac er mwyn sicrhLsa coslau slaffio tra roedd y cylch yn cael ei sefydlu. Grant Loteri er mwyn sicrhau darpariaeth awyr agored ar gyfer y gymuned ehangach. Grant Cyfalaf a Grant Cychwynol gan Cyngor Gwynedd er mwyn sicrhau diogelwch o safon uchel ar gyfer y plant ac ar gyfer adnoddau addas i ddatlbygu'r Gymraeg o fewn y Cylch. Grant Clybiau Plant Cymru i ddarparu adnoddau chwarae addas ar gyfer oedran 7-11 oed. Grant Moondance gan Clybiau Plant Cymru er mwyn rhoi cynnig darpariaelh i blant sydd am elwa yn gymdeithasol o'r profiad Grant Degwm ar gyfer darparu adnoddau ar gyfer yr ardal tu allan. Grant Glyndwr er mwyn prynu dillad ar gyfer y plant i fwynhau gweithgareddau yn yr awyr agored.

(I Grant Adra- Cronfa buddsoddi cymunedol, er mwyn prynu offer chwarae tu allan - yn benodol Iwb tywod a cegin ￿d. st thur Ll wodraethu a Rheolaeth Mae ymddiriedolwyr yr elusen yn gyfrifol am reolaeth a rheolaelh gyffredinol Cyl¢h Meithrin Pont y Gof ac yn anelu at gyfarfod o leiaf unwaith y tymor. Mae pob ymddiriedolwr yn rhoi o'u hamser yn rhydd ac ni thalwyd unrhyw dal na threuliau yn ystod y flwyddyn. Mae gweilhrediad y rhan ￿Yaf o bolisiau a rhedeg y Ileoliad o ddydd i ddydd yn cael ei ddIrp￿Yo i'r arweinydd, Mae'r Arweinydd yn ymgymryd a'r r61 arweiniol allweddol gan oruchwylio'r swyddogaethau gofal, addysg a gweinyddol. Ymgymerir a gweinyddu'r Ileoliad o ddydd i ddydd o fewn y polislau a'r gweithdrefnau a gymeradwywyd gan yr ymddiriedolwyr sy'n darparu ar gyfer cyfeirio penderfyniadau gwarianl sylweddol a phrosieclau cyfalaf mawr yn unig at yr ymddiriedolwyr i'w cymeradwyo ymlaen Ilaw. Mae'r ymddiriedolwyr yn gyfrifol am recriwlio'r holl ymarfemyr. Gwahoddir yr arweinydd i fynychu cyfarfodydd ymddiriedolwyr. Mae'r ymddiriedolwyr yn gyfrifol am oruchwylio'r risgiau a wynebir gan y Ileoliad. Caiff risgiau eu nodi a'u hasesu a sefydlir rheolaethau trwy gydol y flwyddyn. Ein nod yw rheoli risgiau t￿Y bolisi'au diogelu, polislau recriwtio staff, a nodi a datrys materion yn ymwneud ag iechyd a diogelwch. Er bod ein bwrdd ymddiriedolwyr wedi bod yn gyson ac yn sefydlog ers sefydlu'r elusen. cydnabyddir y gallai fod angen recriwlio ymddiriedolwyr newydd yn y dyfodol pe byddai sefyllfaoedd yn newid. Wrth recriwlio ymddiriedolwyr newydd y nodwedd bwysig yw angerdd am nod ein Ileoliadl. Penodir ymddiriedolwyr newydd gan y bwrdd presennol. Man lion c feirio a wein ddol Enw elusen Rhif elusen ofrestredi Prif gyfeiriad yr elusen C Ich Meithrin Pont Gof 1202622 Cylch Meithrin Pont Y Gof, Ysgol Pont Y Gof, Bolwnnog, Pwllheli. LL53 8RA Dat aniadau

Mae'r ymddiriedolwyr yn datgan eu bod wedi cymeradwyo adroddiad yr ymddiriedolwyr UGhod. Llofnodwyd ar ran ymddiriedolwyr yr elusen Llofnod: Enw Ilawn: Cain Eleri Griffith Swydd: Ymddiriedolwr a Chadeirydd Pwyllgor Dyddiad: 25104125 Llofnod: Enw Ilawn: Bethan Prys Jones Swydd: Ymddiriedolwr ac Unigolyn Cyfrifol Dyddiad: 25104125

C Ich Meithrin Pont Gof Trustees, Annual Re ort from 04104123 - 31103124 Charity name: Cylch Meithrin Pont y Gof Charity registration number: 1202622 Name5 of the charity trustees who manage the charity Belhan Prys Jones Tudur Dafydd Phillips Cain Eleri Griffith Anwen Fflur Williams Ob'ectives and Activities The board of trustees of Cylch Meithrin Pont y Gof Charity present their annual report and audited accounts for the year ended 31. of March 2024 and confirm they comply with the requirements of the Charities Act 2011, the trust deed and the Charities SORP IFRS 1021. Summa of our aims: We aim to provide quality Welsh-medium sessional and early years care lo children between the ages of 2 and school nursery age. Cylch Ponl Y Gofs main initiative is the happiness and safety of every child. The best possible care is provided in a happy and nurturing environment. There is an opportunity for every child lo learn through play and develop to their full potential. Activities are presented for children over the age of 2 that promole the Curriculum for Wales. This will ensure that the children will get the besl possible start in every aspect of their education. We put specific attention on planning the outdoor playing area so that we can provide opportunities and put an emphasis on stimulating activities for our children using the outdoors. Our Ob'ectives: Supporting children to achieve the best possible outcomes through care, learning and play.. We offer toys and resources of the highest standard, appropriate to the children's needs, development, and ages. Children over the age of 2 are introduced to activities which promote the Curriculum for Wales to ensure the best possible start to their education. We plan our outdoor play areas carefully, in order to create opportunity and place emphasis on outdoor activities. supporting children lo feel valued, safe, healthy, and confident.. Our priority is the happiness and safety of each child - our homely and happy environment offers the best possible care, and the chance for each child to learn and to develop to its full potenlial. Children will feel secure and confident. ensuring the quality of care, you offer is continuously improving and that children and parents I carer's voices are heard.. Our staff attend regular training, and we ensure that staff have the appropriate qualifications. We work with the Mudiad Meithrin support officers and officers from the Council and develop and improve the provision regularly as a result of training, advi￿ and new regulations.

In selting our objectives and planning our activities our Governors have given careful consideration to the Charity Commission's public benefit guidance. Achievements and Performance This year we have continued to work in partnership with the local authority to provide childcare opportunities from the age of 2 up lo the age of 11. By working together effectively with Mudiad Meithrin and Clybiau Plant Cymru the Cylch has improved the service during he year. il numbers and fees: At the beginning of September 2023 there were 30 children on the register, this has increased to 43 children by April 2025. We were able to offer our services at the following price throughout the period under consideralion.. 9.00-11.00 £10.50 per session 9.00-3.30 £36.00 per session 9.00-5.30 £42.50 per session 11.00-3.30 £28.00 per session 3.30-5.30 £10.50 per session Future lans: We hope lo continue to thrive and provide good quality Welsh-medium sessional and early years care lo all children belween the ages of 2 and school nursery age Given that the minimum wage will increase in the next year, we are considering increasing our fees and will do this in line with financial forecasts. Financial Review The members of the governing committee strongly believe in investing in hard-working, conscientious staff. Our reserves policy slates that we use any reserve funds to improve the level of staffing, improve the working conditions of the staff and invest in any staff training required to improve the quality of service. This money will be kept back to ensure the future staffing. Grants The management committee has been very successful and has managed to receive a number of grants for developing the provision during the year. SAS grant was given to establish new provision and to ensure staffing costs while the Cyl¢h was being established. Lottery grant lo ensure outdoor provision for the wider community-

Capital grant and Initial Grant from Gwynedd Council in order lo ensure high quality safely measures for the Children and for suitable resources to develop the Welsh language within the district. Clybiau Plant Cymru grant to provide suitable plant resources for 7- 11 year olds. Moondance grant from clybiau Plant Cymru in order to offer provision for children who would benefit socially from the experience. Grant Degwm for providing resources for the outside area. Grant Glyndwr to buy outdoor clothing for the children to enjoy the outside provision. Adra Grant was used lo purchase a mud kitchen and sand pit to improve facilities in outdoor play area. structure Governance and Mana ement The Charity trustees are responsible for the overall management and control of Cylch Meithrin Pont y Gof and aim to meet at least once per term. All trustees give up their time freely and no remuneration or expenses were paid in the year. The implementation of most policies and the day to day running of the setting is delegated to the leader. The Leader undertakes the key leadership role overseeing the care, education and administrative functions. The day to day administration for the setting is undertaken within the policies and procedures approved by the trustees which provide for only significant expenditure decisions and major capital projects to be referred to the trustees for prior approval. The trustees are responsible for the recruitment of all practitioners. The leader is invited to attend trustee meetings. The trustees are responsible for the overseeing of the risks faced by the setting. Risks are identified, assessed and controls established throughout the year. We aim to manage risks through safeguarding policies, staff recruitment policies. and active identification and resolution of health and safely related issues. While our board of trustees has been consistent and stable since establishing the charity, it is recognised that new trustees might need lo be recruited in the future of siluations were to change. Vvhen recruiting new trustees the important attribute is a passion for the aim of our setting. New trustees are appointed by the existing board.

Reference and Administrative details Charil name islered charit number Charity's principal address C Ich Meithrin Pont Gof 1202622 Cylch Meilhrin Pont Y Gof, Ysgol Ponl Y Gof, Botwnnog, Pwllheli, LL53 8RA. Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature: Full name: Cain Eleri Griffith Position: Trustee and Committee Chair Date: 25104125 Signature: Full name: Bethan Prys Jones Position: Trustee and Responsible Individual Date: 25104125

Charity registration number 1202622

CYLCH MEITHRIN PONT Y GOF

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

CYLCH MEITHRIN PONT Y GOF

LEGAL AND ADMINISTRATIVE INFORMATION

Senior management

C E Griffith Chair B P Jones Trustee T D Phillips Trustee A F Williams Trustee

Charity number

1202622

CYLCH MEITHRIN PONT Y GOF

CONTENTS

	Page
report
Statement of responsibilities	1
Independent auditor's report
Statement of financial activities	3
Balance sheet	4
Notes to the financial statements	5 - 10

CYLCH MEITHRIN PONT Y GOF

STATEMENT OF RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2024

The are responsible for preparing the Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the and of the incoming resources and application of resources of the for that year.

In preparing these financial statements, the are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

• 1 -

CYLCH MEITHRIN PONT Y GOF

INDEPENDENT EXAMINER'S REPORT

TO THE OF CYLCH MEITHRIN PONT Y GOF

I report to the on my examination of the financial statements of Cylch Meithrin Pont Y Gof (the ) for the year ended 31 March 2024.

Responsibilities and basis of report

As the of the you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the ’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• 1 accounting records were not kept in respect of the as required by section 130 of the 2011 Act; or

• 2 the financial statements do not accord with those records; or

• 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns 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 financial statements to be reached.

Dated: .........................

• 2 -

CYLCH MEITHRIN PONT Y GOF

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

		Unrestricted
		funds
		2024
	Notes	£
Income from:
Donations and legacies	3	55,764
Charitable activities	4	15,229
Other trading activities	5	1,137
Other material income		(3,480)
Total income		68,650
Expenditure on:
Raising funds	6	22,770
Charitable activities	7	1,980
Total expenditure		24,750
Net income and movement in funds		43,900
Reconciliation of funds:
Fund balances at 1 April 2023		-
Fund balances at 31 March 2024		43,900

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

• 3 -

CYLCH MEITHRIN PONT Y GOF

BALANCE SHEET

AS AT 31 MARCH 2024

Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets The funds of the Unrestricted funds 14 The financial statements were approved by the on ......................... ~~..............................~~ C E Griffith Cadeirydd Cain Griffith (May 14, 2025 14:12 GMT+1) Cain Griffith 14/05/25	2024 £ 44,500 (600)	£ 43,900
		43,900
		43,900

• 4 -

CYLCH MEITHRIN PONT Y GOF

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

Cylch Meithrin Pont Y Gof is a Charitible Incorporated Organisation.

1.1 Accounting convention

The financial statements have been prepared in accordance with the 's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The is a Public Benefit Entity as defined by FRS 102.

The has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the have a reasonable expectation that the has adequate resources to continue in operational existence for the foreseeable future. Thus the continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the .

1.4 Income

Income is recognised when the is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

• 5 -

CYLCH MEITHRIN PONT Y GOF

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the ’s contractual obligations expire or are discharged or cancelled.

1.7 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

• 6 -

CYLCH MEITHRIN PONT Y GOF

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

2 Critical accounting estimates and judgements

In the application of the ’s accounting policies, the are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

	Unrestricted	Unrestricted
	funds	funds
	2024
	£	£
Donations and gifts	200	-
Grants	55,564	-
	55,764	-

4 Income from charitable activities

	Unrestricted	Unrestricted
	funds	funds
	2024
	£	£
Heading #ac989
Sale of goods	15,229	-

5 Income from other trading activities

	Unrestricted	Unrestricted
	funds	funds
	2024
	£	£
Fundraising events	1,137	-

• 7 -

CYLCH MEITHRIN PONT Y GOF

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

6 Expenditure on raising funds

			Unrestricted	Unrestricted
			funds	funds
			2024
			£	£
	Fundraising and publicity
	Staff costs		22,770	-
7	Expenditure on charitable activities
		Heading	Heading	Total
		#ac982	#ac985
		2024	2024	2024
		£	£	£
	Direct costs
	Enter ac905 in database	1	1,379	1,380
	Enter ac906 in database	-	600	600
		1	1,979	1,980
	Analysis by fund
	Unrestricted funds	1	1,979	1,980
8	Net movement in funds			2024
				£

The net movement in funds is stated after charging/(crediting):

9

None of the (or any persons connected with them) received any remuneration or benefits from the during the year.

10 Employees

The average monthly number of employees during the year was:

2024 Number 4

• 8 -

CYLCH MEITHRIN PONT Y GOF

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

10	Employees	(Continued)
	Employment costs	2024
		£
	Wages and salaries	21,926
	Other pension costs	844
		22,770
	There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

11 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12 Creditors: amounts falling due within one year

Accruals and deferred income 13 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes	2024 £ 600
	2024 £ 844

The operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the in an independently administered fund.

14 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

	At	1	April	Incoming	Resources	At	31	March
			2023	resources	expended			2024
			£	£	£			£
General funds			-	68,650	(24,750)			43,900

• 9 -

CYLCH MEITHRIN PONT Y GOF

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

15 Related party transactions

There were no disclosable related party transactions during the year ( - none).

• 10 -

Cyfrifon Cylch Meithrin Pont Y Gof 31 03 2024

Final Audit Report 2025-05-14

Created: 2025-05-01 By: Tomos Griffith ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAOsaxRUQj5bh63kl9855SCAl5D3sTV-ca

"Cyfrifon Cylch Meithrin Pont Y Gof 31 03 2024" History

Document created by Tomos Griffith ([e-mail])

2025-05-01 - 3:32:42 PM GMT

Document emailed to Cain Griffiths ([e-mail]) for signature 2025-05-01 - 3:32:46 PM GMT

Email viewed by Cain Griffiths ([e-mail])

2025-05-06 - 8:28:15 PM GMT

Email viewed by Cain Griffiths ([e-mail]) 2025-05-12 - 9:44:46 PM GMT

New document URL requested by Cain Griffiths ([e-mail]) 2025-05-14 - 1:11:26 PM GMT

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Signer Cain Griffiths ([e-mail]) entered name at signing as Cain Griffith 2025-05-14 - 1:12:15 PM GMT

Document e-signed by Cain Griffith ([e-mail]) Signature Date: 2025-05-14 - 1:12:17 PM GMT - Time Source: server

Agreement completed.

2025-05-14 - 1:12:17 PM GMT

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examln•r's Report Report to the trustees cY6c4 /x•£fAKzAJ Fo￿7 Y Go Charlty no (if any) On accounts for the year ended si. 03. Zot(tr 120261 Set out on pages I rep(xt to the trustees on my examinats'on of the accounts of the above charty ("the Trust-) for the year ended D .YYYY. As the chanty's trustees, you are respongble for the preparation of the accounts in accordance with the requirements of the Charibes Act 2011 ("the Act"). I reFK)rt in respect of my examinatson of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examinatK)n, I have folkmed all the applicable DirectM)ns gNen by the Charity Commission under sectK)n 145(5)(b) of the Act. Independent tThe charty's gross income exceeded £250,OLX) and l am qualifEd to examinerfs statement undertake the examinatK)n by being a qualrfth member of [insert name of applicable listed body]]. Delete [ ] rf not applKable. I have completed my examinatM)n. I confirm that no mater￿1 matters have come to my attention in connection wrth the examinatson (other than that disclosed bekjw ') which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance wrth sectffi 130 of the Charities Act; or the accounts dKI not accord with the accountirrfJ records; or the acc(xJnts dKI rK)t compty wth the appI￿able requirements conceming the fomi a￿1 c(￿tent of accounts set ¢￿t in the CharitEs (Accounts arKI ReFN)rts) Regulations 2(Y)8 other than any requirement that the accounts give a 'true and fair, V￿ wh￿h is not a matter consKlered as part of an independent examinatK)n. I have rK) concems and have c(xne across no other matters in c￿neCtK)n wth the eXaMinat￿n to which attentth Sh￿k1 be drawn in this rep)rt in order to enable a proper understsnding of the accounts to be reached. . Ple8se delete the w(Yds in the br8ckets rf they do not a￿. Date: al. os. Z•Zf Responslblllties and basis of report Signed: Name: Relevant professlonal qualification(s) or body (if any): IER Oct 2018

Address: Stttion Dlsclo$ur• Only coiiiplele Il the exdilliiiei Iieods to h￿hlIgI}I Illdl6iidl Illdit615 of C￿}ca{{l (se8 CC32. IrKJependent examination of charity accounts: directK)ns arKI guKJance for examiners). Glve here brief details of any ftems that the examiner wishes to dlsclose. IER Oct 2018