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2024-05-04-accounts

Trustees’ Annual Report for the period

From 05/05/2023 Period start date To

04/05/2024 Period end date

Charity name: Cylch Meithrin Abersychan

Charity registration number: 1202972

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To advance the education of pre-school
aged children through the medium of
Welsh language within the area of North
Torfaen
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		 We have offered 2 sessions each
weekday throughout the school year – 9-
11.30 or 12.30-3. We have offered an
extended session until 1pm and children
bring a packed lunch. We have offered a
wraparound service to transport the
children to/from their 3year old nursery
provision placement. We offered Flying
Start and Childcare Offer places.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees of the group confirm that
they have complied with all guidance
issued by the Charity Commission.

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 We have supported parents with their
childcare needs, offering a range of
sessions that they can choose from. By
having the wraparound service we have
enabled parents to have a full day of
Welsh medium childcare provision.
The Flying Start scheme is for
disadvantaged families in the local area
and our staff provide support for both
children and parents.
We have given all children in attendance
a start on their Welsh pathway and
supported parents with information for
their child to continue to the next step of
their Welsh language journey.

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 We made an overall loss on the years
finances, but had a good total of funds to
absorb this cost.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We hold money in a reserve account in
order to pay staff training and holiday
pay costs; to keep our vehicle in good
working order, insured and taxed; and to
cover should the child numbers drop
Amount of reserves held Para 1.22 £21,399.14
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
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
Other

Structure, Governance and Management

Description of charity’s
trusts:		 We have 3 trustees who ensure suitable
staff are employed and the building is
safe and to suitable standard. The
trustees meet regularly with the manager
to deal with any issues arising and to
plan ahead for the future. Parents are
encouraged to join the committee.
Type of governing document
(trust deed, royal charter)		 Para 1.25 Foundation Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Charitable Incorporated Organisation
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 Trustees with an interest in childcare
and/or Welsh language were approached
by the groups Registered Person and
Manager

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

Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name Cylch Meithrin Abersychan
Other name the charity uses
Registered charity number 1202972
Charity’s principal address Lower Hall
Trinity Methodist Church
High Street
Abersychan
NP4 7AE

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)
Alison Phillips Treasurer
Rhys apGwyn Secretary
Rachel Wakefield Chair 23/03/23- 12/04/2024
Hannah Atkinson

– 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)

Full name(s)

Position (eg Secretary, Chair, etc)

Date

Income & Expenditure Account for year ended: 4th May 2024 Restritted £ 4,287.20 Income Parental fees Flying Start funding 30hr offer Grants ALN funding Sundries Tralning Hol Pay Vehicle Waste Payroll servi 2￿7.50 1,340.C 7.449. 1,560.(h) 356.85 6.103.13 Income Total £ Restrfcted Total £ I4￿L051 ndlture Wages Payroll service Pension/PAYE Vehicle Premises Phonellnternet Re8 & Insurance Food Equipment & Toys Travel Consumables Waste Management Training Sundries Data Protettion Hol Pay Payroll Trainin8 Vehicle 6.71Q63 575. 449.13 1,139.24 YJ7.09 125.cil I9￿ 1.021.(Kl Grant 101.82 7x55 2367.34 769.(￿ ., Expendlture Total £ R￿trkted Funds £ 4979.82 Net Income for the year £ SX•L2J spethE Total funds at 5 May 2023 £ 16317.91 Funds at 4 May 2024 £ 2L399.14 Interesr Audltor Print Name EunKeJones Qualification CPFA Signature Date 291IV2024 On behalf of comm5ttee Print name A Li 5￿j PMILL4PS Position Signature Date 2ql,,124

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Cylch Meithrin Abersychan On accounts for the year 4th May 2024 Charity no 1202972 ended (if any) Set out on pages 1-2 (remember to include the page numbers of additional sheets)

Report to the trustees/ members of

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 04 DD /05 MM /2024 YYYY .

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect 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 applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent ~~[The charity’s gross income exceeded £250,000 and I am qualified to~~ examiner's statement ~~undertake the examination by being a qualified member of [insert name of applicable listed body]].~~ ~~Delete [ ]~~ ~~if not applicable.~~

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination ~~(other than that disclosed below *)~~ which gives me cause to believe that in, any material respect:

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 accounts to be reached.

Date: 29/11/24

Signed: Name: Eunice Jones

1

Oct 2018

IER

Relevant professional CPFA qualification(s) or body (if any):

Address: 11 Oak View Llanover Road Blaenavon NP4 9LU

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

Oct 2018

IER