CYMDEITHAS GWASANAETHAU GWIRFODDOL SIR GAR / CARMARTHENSHIRE ASSOCIATION OF VOLUNTARY SERVICES
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £195,464 for the year ended 31 March 2025, resulting in total unrestricted reserves of £1,263,542. The trustees confirm that forecasts indicate the charity will be able to meet its debts as they fall due and have no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31.3.25 1” — page 23
“The Trustees therefore consider that the ideal level of reserves be set at three months worth of core expenditure.” — page 5
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alan Bowen
- Andre Samuel James McPherson
- David Jonathan Williams
- Janice Morgan
- Leann Marie Douglas
- Louise Austin
- Meinir Anona Evans
- Peter Loughran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £752k | £557k |
| 31/03/2024 | £563k | £465k |
| 31/03/2023 | £586k | £596k |
| 31/03/2022 | £578k | £653k |
| 31/03/2021 | £814k | £610k |
Common questions
Is CYMDEITHAS GWASANAETHAU GWIRFODDOL SIR GAR / CARMARTHENSHIRE ASSOCIATION OF VOLUNTARY SERVICES financially healthy?
The accounts state that the charity generated a surplus of £195,464 for the year ended 31 March 2025, resulting in total unrestricted reserves of £1,263,542. The trustees confirm that forecasts indicate the charity will be able to meet its debts as they fall due and have no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 2 | £495k |
| The Neath Port Talbot Community Voluntary Service Limited | 1 | £208k |
| WOLVERHAMPTON LGBT+ | 1 | £149 |