MERTHYR TYDFIL INSTITUTE FOR THE BLIND
Registered charity 1007270 · accounts filings on the Charity Commission register · also known as MTIB
Provides training, development, support and employment opportunities for persons with disabilities, as well as those that are disadvantaged, economically inactive or unemployed.
Causes: Education/training · Disability · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity achieved an unrestricted surplus of £249,941 and holds free reserves of £2,144,479, which the trustees consider sufficient to cover 14 months of forward resources. While the manufacturing unit currently trades at a deficit, the charity maintains financial stability through strong contract delivery and reserves, with no material uncertainties regarding its ability to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: 12 months of the resources expended, excluding materials (held: £2.1m)
“The Trustees believe that the value of reserves needed equates to 12 months of the resources expended, excluding materials.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Walter Hunter & Co Limited. Discloses 4 of 6 completeness components.
Property (HM Land Registry)
4 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~14.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout Wales
Income and spending
Common questions
Is MERTHYR TYDFIL INSTITUTE FOR THE BLIND financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved an unrestricted surplus of £249,941 and holds free reserves of £2,144,479, which the trustees consider sufficient to cover 14 months of forward resources. While the manufacturing unit currently trades at a deficit, the charity maintains financial stability through strong contract delivery and reserves, with no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Walter Hunter & Co Limited.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with BLIND IN BUSINESS TRUST.
Side by side with its peers
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