THE WELSH WATER ELAN TRUST
Administration of 47000 acre estate including provision of 28 tenanted agricultural holdings,in hand farming operation as part of conservation and public access remit.Also provides holiday cottages,education and information, 38 tenanted houses and conserves environment and safeguards water catchment which provides water supply to large parts of English Midlands
Objects
1.THE PRESERVATION MAINTENANCE AND ENHANCEMENT FOR THE BENEFIT OF THE PUBLIC OF THE AREA OF GREAT NATURAL BEAUTY COMPRISING THE ELAN VALLEY AND ITS NATURAL ASPECT AND FEATURES (AND ITS ANIMAL AND PLANT LIFE). 2. THE FACILITATION AND ENCOURAGEMENT OF ACCESS TO AND THE STUDY OF THE ELAN VALLEY (AND ITS ANIMAL AND PLANT LIFE) BY THE GENERAL PUBLIC. 3.THE PROVISION AT THE ELAN VALLEY OR SUCH PART OF IT AS SHALL BE APPROPRIATE IN THE INTERESTS OF SOCIAL WELFARE AND FOR THE PURPOSE OF IMPROVING THE CONDITIONS OF LIFE FOR THE PERSONS FOR WHOM THE SAME ARE INTENDED OF FACILITIES FOR PHYSICAL RECREATION WHICH SHALL BE AVAILABLE TO MEMBERS OF THE PUBLIC AT LARGE.4.THE FACILITATION AND ENCOURAGEMENT OF THE USE OF THE WHOLE OR PART OF THE ELAN VALLEY FOR CHARITABLE PURPOSES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £15,200,890 at year-end, with the trustees noting a strategic use of reserves to fund activities due to income uncertainty following the transition to new farming schemes. The charity reported a net expenditure of £163,081 for the year, which was covered by drawing down on these unrestricted funds.
What the accounts disclose
“The Trust has a very long-term responsibility (now some 962 years) and in line with its Reserves Policy maintains reserves to secure the functions of the charity in the future.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Leadership, per the charity’s website
- Dr Ieuan Joyce — Chairman
- Cllr David Owen Evans — Treasurer
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Elan Valley Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.7m |
| 31/03/2024 | £2.2m | £2.2m |
| 31/03/2023 | £1.9m | £1.9m |
| 31/03/2022 | £2.2m | £1.7m |
| 31/03/2021 | £1.9m | £1.5m |
Common questions
Is THE WELSH WATER ELAN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £15,200,890 at year-end, with the trustees noting a strategic use of reserves to fund activities due to income uncertainty following the transition to new farming schemes. The charity reported a net expenditure of £163,081 for the year, which was covered by drawing down on these unrestricted funds. Its FY2025 accounts were audited by RCH Accountants Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 29/02/2024 | £56k | #NNF3 Elenydd Peatland Partnership |
| UK government | 29/02/2024 | £16k | #NNF3 Enriching Species and Habitats |
| UK government | 26/07/2021 | £21k | #NNF Working together for nature in the Elan Valley |
| The National Lottery Heritage Fund | 27/10/2015 | £1.7m | "Elan Links - People, Nature & Water" |
| The National Lottery Heritage Fund | 14/04/1998 | £213k | "Llanerch Cawr Farm House - Restoration" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Neath Port Talbot Community Voluntary Service Limited | 1 | £35k |
| The Ashley Family Foundation | 1 | £10k |
Charities like this
- WEST WALES RIVERS TRUST
- Dee Trust
- GERALD PALMER ELING TRUST COMPANY
- THE ELWYN THOMAS MEMORIAL FUND
- YORKSHIRE WATER COMMUNITY TRUST
- THE WOODLANDS FARM TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WELSH WATER ELAN TRUST | £1.4m | — | 0 | unclear | — | no doubt |
| WEST WALES RIVERS TRUST | £884k | — | 0 | unclear | — | no doubt |
| Dee Trust | £800k | — | 0 | unclear | — | no doubt |
| GERALD PALMER ELING TRUST COMPANY | £2.3m | — | 0 | unclear | — | no doubt |
| THE ELWYN THOMAS MEMORIAL FUND | £156k | — | 0 | unclear | — | not going concern |
| YORKSHIRE WATER COMMUNITY TRUST | £1.3m | — | 0 | above | — | no doubt |