CYLCH MEITHRIN CREIGIAU
Charity provides nursery education for children between ages of 2 and 5 years old.
Financial health, per its FY2025 accounts
The accounts state that the charity suffered a deficit of £10,780 for the year, which was funded by reserves. The trustees note that expenses increased significantly due to staff costs and planned capital expenditures, while income decreased as children moved from full-day care to lower-funded wraparound care. Despite the deficit, the charity maintains unrestricted reserves of £88,514 and intends to use reserves to cover future costs while planning fee increases.
What the accounts disclose
“Our current reserves policy is to maintain a reserve equivalent to 3 month’s operating costs” — page 2
Trustees
- Abi Lewis
- Bethan Worrall
- Holly Davidson
- Jordan Lewis
- Rhiannon Burton-Dadd
- Rhiannon Richards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £90k | £101k |
| 31/03/2024 | £77k | £92k |
| 31/03/2023 | £89k | £77k |
| 31/03/2022 | £81k | £68k |
| 31/03/2021 | £78k | £68k |
Common questions
Is CYLCH MEITHRIN CREIGIAU financially healthy?
Per its FY2025 accounts: The accounts state that the charity suffered a deficit of £10,780 for the year, which was funded by reserves. The trustees note that expenses increased significantly due to staff costs and planned capital expenditures, while income decreased as children moved from full-day care to lower-funded wraparound care. Despite the deficit, the charity maintains unrestricted reserves of £88,514 and intends to use reserves to cover future costs while planning fee increases.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/05/2006 | £3k | New Equipment and Facilities |