yF• CYLCH BODHYFRYD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Charity Number . 1206469
CYLCH BODHYFRYD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 3110312025 The TrUStS are pleased to present their report, together with the financial statements for the year ended 31st March 2025. Charity Name: Charity Registration Number: Address of Charity: Cylch Bodhyfryd 1206469 % Ysgol Bodhyfryd Brynycabanau Road Wrexham LL13 7DA Trustees: Euros Jones Nerys Davies Trefor Jones-morris Registered Person:_ Rebecca Suckley Independent Examiner: Sue Williams
CYLCH BODHYFRYD REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2025 Objectives and activities The primary purpose of the Charity is to help children with educational training, by providing pre-school care for children aged two to four years old. We are open Monday to Friday between 08:00 and 17:30 and offer a number of options for hours attending. The Charity aims to enhance the development and education of children primarily under statutory school age encouraging parents to understand and provide for the need of their children. The Charity raises additional funds from the public to support activities of the Charity. The purposes of the Charity are exclusively charitable and have been prepared in accordance with the requirements of the Charities Act 2011 ('the Act") In planning the objectives and activities of the Charity, the Trustees have reviewed the guidance provided by the Charity Commission. Achievements and performance Initially the numbers of children attending were low but by Christmas we were at full capacity. We were able to fulfil all requests for spaces. Financial Review We have a steady flow of income, we receive 30 hours childcare and we had an increase In tax-free childcare claims. We have a lot of Flying Start children and were able to expand this service to mornings in January 25 which has boosted our income. There were no childcare fees owing at the end of the financial year. Structure, governance and management Cylch Bodhyfryd registered as a Charitable Incorporated InstitLrtion with the Charity Commission (registration number 1206469) on the 10th January 2024. Appointment and recruitment of Trustees Trustees are appointed at the Annual General Meeting. The minimum number of Trustees is 3. The Trustees of the Charity are currently all parents of current children or parents of previous children.
Organisatlonal Structure Tlie Truslees administer the Cliarity and rTieet regularly throughout the year, during these meetinqs all charitable matters are discussed including raising of funds, income structure, onqoing performances and approve forthcoming charitable expenditure. Tlie Charity monitors performance against budgeted targets and reports annually at the Annual General Meeting, where Trustees resignation and appointments are made in line with the necessary roles and requirements of the foreseeable future. Risk Management Manaqement has reviewed the major risks to which the Charity is exposed. Where appropriate systems or procedures have been established to mitigate the risks the Charity faces. Cylch Bodhyfryd benefits from a Manager that runs the playgroup and ensijres everything runs smoothly and policies are adhered to. Costs are closely monitored to ensure the Charity operates within its means. The Charity has a bank account to cover its reserves, all of which minimise exposure to risk. The Charity's internal policies are in place to mitigate risk are listed on the Charity website and reviewed annually. Related party transactions There were no related party transactions during this period. Reserves Policy The Charity's reserve policy is to maintain the reserves at a level adequate to protect its ongoing work from significant fluctuations in service income. The cabin buildings are over 20 years old and is showing signs of wear, should there be a roof leak etc we would need monies to cover this work. This policy is reviewed annually. The Charity aims to hold sufficient reserves to cover six months running costs plus statutory redundancy costs. This value, is set aside in reserve totals £20,192.84 at the year end. The reserves of the Charity are therefore adequate and the Trustees consider that the Charity will continue as a going concern for the foreseeable future. There are no material uncertainties about the Charity's ability to continue. Plans for future periods It is the Trustees, intention that the Charity will continue to provide services in line with the objectives and activities as noted in these financial statements. We are going to do some advertising as the number of children forecasted for cylch in September is lower than usual. The Committee will be closely monitoring our financial position to avoid a deficit at the end of the year and look at staffing. We have applied for a development grant from Welsh assembly for a new modular building however we have had no outcome of this as yet.
Tnjstees The current Trustees are shown on page 1. The Trustees, annual report was approved on 1 st November 2025 and signed on behalf of the board of Trustees by: Rebecca Suckley Manager
Balance Sheet Cylch Bodhyfryd As of 31 March, 2025 DISTRIBUTION ACCOUNT TOTAL Cash at bank and in hand Account (5909) Total for Cash at bank and In hand 137.277 52 £137,277.62 NET CURRENT ASSETS £137,277.62 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL NET ASSETS (LIABILITIES) Capital and Reserves Retained Earnings Net Income Totsl for Capltal and Resftrves £137,277.62 £137,277.62 £137,277.62 124.690.55 12.586.97 £137,277.62
Profit and Loss Cylch Bodhyfryd 17 MArrh, ?024-31 MArrh, 202r DISTRIBUTION ACCOUNT TOTAL Income è>ales Total for In¢om• 139 295 91 £139,296.91 Gross Proflt £139,296.91 Expenses Adveth"sing and website Mèals and éntertainment Office suppliesleqiiipment Other bu&ness expenses Phone and Internel Professional fees Propertylequipment repairs Wages and other staff costs Total for Expenses Net Operating Incom• Other Income Other business Income Totsl for Other Income Net Other Income 1200 1.01500 3,993.51 1,24163 1,261.96 428.68 2.680 76 129.159.39 £139,792.93 497.02 137.774 54 £137,774.64 £137,774.64 Net Incom• £137,277.62
CHARITY COMMISSIO FOR ENGLAND AND WALE Independent examlnerfs report on the accounts Sectfon A Indendon1 Examln8r'8 Reporl stee 11 Cylch Bodhyfryd On accounts for th• year ended 3110312025 Charfty no (Of any) 1206469 Set out on pages 1&2 I roporl to the trusloes on my examination of the acxA)unts of the above ch8nty ("the Trust") for the year ended 31103r2025 R•sponsiblliti•s and basls of report As the charity trustees of the Trust. you are responsible for the preparation of the accounts in accordance with the reqrernents of the Charities Act 2011 ("Ihe Act"). I report in respect of my examination of the Tnjst's accounts carned out under section 145 of the 2011 Act arKJ in Carng out my examination, I have followed the applicable Directions given by the Chanty Commission under section 145(5)(b) of the Act. I have completed my examination. I confwm that no mater matters have come to my attention (other than that disck)sed below ") in connection with the examination which gives me cause to believe that In, any material respect: • accountsng records were not kept in accordance Vth sectson 130 of the Act or . the accounts do not accord with the accounts.ng records Independent examinerfs statement I have no concems and have come across no other matters In connectson with the examinats'on to which attentson should be drawn in order to enable a proper understsnding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: Name: Relevant professional qualification(s) or body (if any): Address: Section B Disclosure Onty complete rf the examiner needs to hNIght matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brlef details of any items that the examiner wishes to disclose.