CYLCH MEITHRIN Y FENNI
Welsh-medium childcare & early years provision in Monmouthshire
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £76,810 to £71,131 during the year, reflecting a net outgoing of resources. The independent examiner noted concerns about the completeness of accounting records due to missing bank statements, though the trustees maintain the charity is a going concern with no material uncertainties.
What the accounts disclose
“The charity's principal sources of income are childcare fees, Flying Start funding, Childcare Offer funding, grants, fundraising activities and donations.” — page 6
“A concern arises regarding the completeness and accuracy of the accounting records making up the accounts.” — page 7
“Physical bank statements could not be Provided covering the full year of examination to confirm the transactions. A concern arises regarding the completeness and accuracy of the accounting records making up the accounts.” — page 7
Register events
- Received assets from another charity (03/01/2024)
- Received assets from another charity (20/01/2022)
Trustees
- Jessica Evanschair
- Heidi Morgan
- Llinos Merriman
- Lucy Dugmore
- Megan Louise de Silva
- Non Roberts
- Rachel Louise Davies
- Richard James Edwards
- Sian Elizabeth Hughes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £157k | £161k |
| 31/03/2024 | £153k | £145k |
| 31/03/2023 | £115k | £101k |
| 31/03/2022 | £113k | £108k |
| 31/03/2021 | £107k | £95k |
Common questions
Is CYLCH MEITHRIN Y FENNI financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £76,810 to £71,131 during the year, reflecting a net outgoing of resources. The independent examiner noted concerns about the completeness of accounting records due to missing bank statements, though the trustees maintain the charity is a going concern with no material uncertainties. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/08/2011 | £5k | Upgrading Cylch Meithrin Y Fenni |