VALLEYS KIDS
Registered charity 1074840 · accounts filings on the Charity Commission register
Valleys Kids is established as a community development organization working in some of the most deprived communities in the South Wales Valleys. Through working with communities and providing activities including play, youth, arts, training, etc help people to achieve their potential.
Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity faces severe financial challenges, having incurred cumulative deficits of £1 million in the previous two years and fully utilising its cash reserves. Free reserves are reported as a deficit of £334,663, which is below the trustees' policy target of approximately £300,000. The auditors have identified a material uncertainty related to going concern, noting the group's reliance on securing a £150,000 WCVA loan and asset realisation to meet ongoing obligations.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months of operating costs (held: £-335k)
“The trustees intend to gradually increase reserves to meet the trustees' policy of having sufficient funding to cover up to three months operating costs, which is approximately £300,000” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“These conditions, along with the other matters set out in Note 2, indicate the existence of a material uncertainty that may cast significant doubt on the Group’s ability to continue as a going concern.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Financial Reporting Failures
“Financial Reporting Failures: The primary cause of the crisis was a lack of robustness in financial reporting and auditing processes that were insufficiently rigorous to alert us in a timely enough way to the changing funding environment.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Valleys Creative Limited
“The charity has a trading subsidiary, Valleys Creative Limited, which undertakes all non-charitable trading activity.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Bevan Buckland LLP. Discloses 5 of 6 completeness components.
Corporate structure
VALLEYS CREATIVE LTD — per its own Companies House accounts
- Profit before tax: £-55k
- Amounts owed to group undertakings 60,405
Public fundraising profile: JustGiving — Valleys Kids (matched by registered charity number).
Leadership, per the charity’s website
- Katheryn Edwards — Managing Director (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- Leathersellers' Foundation — “Valleys Kids has benefitted from multi-year grant funding from the Leathersellers' Foundation to help sustain our work on Adverse Childhood …” (source page)
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- CAMILLERI, Jason — director, appointed 05/02/2021on trustee list
- HUSSIEN, Nadine — director, appointed 02/07/2018on trustee list
- ASSIRATTI, Ceri — director, appointed 18/10/2010on trustee list
- HOWELLS, Rhiannon — director, appointed 14/09/2006on trustee list
- EVANS, Philip — director, appointed 02/10/2003not on trustee list
- STOKES, Marian — director, appointed 07/03/2002not on trustee list
Official officers record.
Property (HM Land Registry)
2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram · linkedin
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£92k
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (65% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 6.8% of total income — above the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (10/12/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (08/11/2016) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout Wales
Income and spending
Common questions
Is VALLEYS KIDS financially healthy?
Per its FY2025 accounts: The accounts state that the charity faces severe financial challenges, having incurred cumulative deficits of £1 million in the previous two years and fully utilising its cash reserves. Free reserves are reported as a deficit of £334,663, which is below the trustees' policy target of approximately £300,000. The auditors have identified a material uncertainty related to going concern, noting the group's reliance on securing a £150,000 WCVA loan and asset realisation to meet ongoing obligations. Its FY2025 accounts were audited by Bevan Buckland LLP.
Who funds VALLEYS KIDS?
Funders whose own accounts filings name VALLEYS KIDS as a grant recipient include WALES COUNCIL FOR VOLUNTARY ACTION, CYNGOR CELFYDDYDAU CYMRU, The Leathersellers' Foundation, COLWINSTON CHARITABLE TRUST, THE OAKDALE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with CHILDREN IN WALES-PLANT YNG NGHYMRU.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.