MACHYNLLETH COMMUNITY CHILDREN'S PROJECT 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
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.
What the accounts disclose
“Legacy - 400,000 400,000 -” — page 36
“To maintain a level capable of meeting a sufficient operating reserve to meet the equivalent of two-month salary costs.” — page 21
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Catrin Cullen
- Iona Sawtell
- Jacqueline Lambourne
- Kristina Vince-Holt
- Sarah Tack
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/12/2015 | £5k | Spring into PLAY! |
| The National Lottery Community Fund | 19/05/2008 | £5k | Essential Refurbishment |