TAFF BARGOED DEVELOPMENT TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £34,133 for the year ended 31 March 2025, with total funds carried forward increasing to £695,975. The trustees consider the charity's reserves adequate to meet its requirements for the foreseeable future, with £250,000 of unrestricted reserves specifically designated for future operating costs and flood risk coverage. Per the independent auditors, there are no material uncertainties relating to the charity's ability to continue as a going concern.
What the accounts disclose
“The charity has designated £250,000 of its unrestricted reserves to meet future operating costs and also to cover excess required in the event flooding occurs at the centre.”
Register events
- Received assets from another charity (15/11/2022)
Trustees
- JONATHAN LYNDEN REESchair
- Brian Mansbridge
- COLIN GEORGE FENN
- GILLIAN PRESTON
- Kate Moran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £152k | £118k |
| 31/03/2024 | £160k | £136k |
| 31/03/2023 | £132k | £98k |
| 31/03/2022 | £102k | £90k |
| 31/03/2021 | £79k | £84k |
Common questions
Is TAFF BARGOED DEVELOPMENT TRUST LIMITED financially healthy?
The accounts state that the charity generated a surplus of £34,133 for the year ended 31 March 2025, with total funds carried forward increasing to £695,975. The trustees consider the charity's reserves adequate to meet its requirements for the foreseeable future, with £250,000 of unrestricted reserves specifically designated for future operating costs and flood risk coverage. Per the independent auditors, there are no material uncertainties relating to the charity's ability to continue as a going concern. Its FY2025 accounts were audited by BPU Limited.