## **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
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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: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did 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 accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **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**