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VISION 21 (CYFLE CYMRU)

Registered charity 1046097 · accounts filings on the Charity Commission register · also known as GABALFA COMMUNITY WORKSHOP

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Latest income
£2.3m
Latest spending
£1.9m
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity maintained a strong financial position with unrestricted free reserves of £1,194,523, which is above the stated policy target of approximately six months of unrestricted expenditure (around £1,100,000). The charity reported a net movement in funds of £389,962 and total incoming resources of £2,318,057, indicating stable operational performance despite external financial pressures.

What the accounts disclose

Reserves policy: approximately six months unrestricted expenditure (held: £1.2m)
“The charity strives to maintain unrestricted funds, which are free reserves of the charity, at a level which equates to approximately six months unrestricted expenditure which currently sits at around £1,100,000” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HSJ Audit Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.3m
Total spending
£1.9m
Cost of raising funds
£14k
Reserves (reported)
£3.0m
Employees
49

Reported reserves equal ~18.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Blaenau Gwent · Caerphilly · Cardiff · Newport City · Vale Of Glamorgan

Income and spending

Financial year endIncomeSpending
31/03/2025£2.3m£1.9m
31/03/2024£2.0m£1.7m
31/03/2023£1.9m£1.6m
31/03/2022£1.8m£1.5m
31/03/2021£2.0m£1.6m

Common questions

Is VISION 21 (CYFLE CYMRU) financially healthy?

The accounts state that the charity maintained a strong financial position with unrestricted free reserves of £1,194,523, which is above the stated policy target of approximately six months of unrestricted expenditure (around £1,100,000). The charity reported a net movement in funds of £389,962 and total incoming resources of £2,318,057, indicating stable operational performance despite external financial pressures. Its FY2025 accounts were audited by HSJ Audit Limited.