MACHYNLLETH COMMUNITY CHILDREN'S PROJECT LTD

Registered charity 1043102 · accounts filings on the Charity Commission register · also known as MACHYNLLETH COMMUNITY CHILDRENS, MEITHRINFA GYMUNEDOL MACHYNLLETH COMMUNITY NURSERY LTD

TO PROVIDE CHILDCARE AND EDUCATION FOR CHILDREN FROM 6 MONTHS TO 12 YEARS THROUGH OUR DAY NURSERY AND AFTERSCHOOL CLUB.

Objects

TO ADVANCE THE EDUCATION OF CHILDREN UP TO THE AGE OF TWELVE YEARS IN MACHYNLLETH AND THE SURROUNDING AREA BY PROMOTING FACILITIES FOR DAILY CARE RECREATION AND EDUCATION OF SUCH CHILDREN AND BY PROMOTING GOOD STANDARDS OF CHILD CARE BY THE PARENTS OF SUCH CHILDREN AND ALL PERSONS AND ORGANIZATIONS PROVIDING SUCH FACILITIES

Area of benefit: MACHYNLLETH AND THE SURROUNDING AREA

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£790k
Latest spending
£384k
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £406,266, driven primarily by a £400,000 legacy rather than recurring trading income. Unrestricted reserves stood at £467,088, significantly exceeding the stated policy target of two months' salary costs. The trustees confirm adequate resources for the foreseeable future, though they note that operating from two sites due to storm damage has increased costs and is not financially sustainable long-term.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Legacy (51% of income)
“Legacy - 400,000 400,000 -” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: two-month salary costs (held: £467k)
“To maintain a level capable of meeting a sufficient operating reserve to meet the equivalent of two-month salary costs.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Care Inspectorate Wales (CIW). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£790k
Total spending
£384k
Reserves (reported)
£65k
Employees
18

Reported reserves equal ~2.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ceredigion · Gwynedd · Powys

Income and spending

Financial year endIncomeSpending
31/08/2025£790k£384k
31/08/2024£302k£307k
31/08/2023£335k£332k
31/08/2022£325k£300k
31/08/2021£252k£247k

Common questions

Is MACHYNLLETH COMMUNITY CHILDREN'S PROJECT LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £406,266, driven primarily by a £400,000 legacy rather than recurring trading income. Unrestricted reserves stood at £467,088, significantly exceeding the stated policy target of two months' salary costs. The trustees confirm adequate resources for the foreseeable future, though they note that operating from two sites due to storm damage has increased costs and is not financially sustainable long-term. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund04/12/2015£5kSpring into PLAY!
The National Lottery Community Fund19/05/2008£5kEssential Refurbishment