CANOLFAN GERDD WILLIAM MATHIAS CYF
Provision of Music Tuition to all ages
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £58,811 for the year, leading to a decrease in unrestricted reserves to £148,908. The trustees note a concern regarding the decrease in unrestricted cash reserves and highlight that the charity is very dependent on continued funding from the Arts Council of Wales, Gwynedd Council, and The Friends of Canolfan Gerdd William Mathias to cover costs. The trustees confirm that resources are adequate to continue operating on a going concern basis.
What the accounts disclose
“Arts Council of Wales 79,409” — page 14
“The charity’s main objective is to establish at least a break-even position cach year by generating sufficient funds from its ordinary activities to cover costs in order to maintain the balance of general reserves.”
Funders the charity credits
- Gronfa Gymunedol y Loteri Genedlaethol
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (17/05/2022)
Trustees
- WYN THOMASchair
- Anwen Mair Edwards
- Bethan Lloyd Habron-James
- Clive Edmund Wolfendale
- Dr Gwawr Ifan
- Dr Iwan Llewelyn-Jones
- Dr Nia Mererid Parry
- Dr Rhiannon Mathias
- Geraint Rowland Jones
- Helen Fon Owen
- JOHN MORRIS PRITCHARD BSC FCA
- LADY ELINOR BENNETT WIGLEY
- Marian Wyn Jones
- STEPHEN POWELL REES
- Sonia Bethan Mellor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £494k | £553k |
| 31/03/2024 | £602k | £569k |
| 31/03/2023 | £477k | £460k |
| 31/03/2022 | £400k | £400k |
| 31/03/2021 | £379k | £321k |
Common questions
Is CANOLFAN GERDD WILLIAM MATHIAS CYF financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £58,811 for the year, leading to a decrease in unrestricted reserves to £148,908. The trustees note a concern regarding the decrease in unrestricted cash reserves and highlight that the charity is very dependent on continued funding from the Arts Council of Wales, Gwynedd Council, and The Friends of Canolfan Gerdd William Mathias to cover costs. The trustees confirm that resources are adequate to continue operating on a going concern basis. Its FY2025 accounts were independently examined.
Who funds CANOLFAN GERDD WILLIAM MATHIAS CYF?
Funders whose own accounts filings name CANOLFAN GERDD WILLIAM MATHIAS CYF as a grant recipient include COLWINSTON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| COLWINSTON CHARITABLE TRUST | FY2023 | £10k | A grant of £10,475 was offered to support outreach new music commissions and educational activity/masterclasses for the Wales International Harp Festival. |
| COLWINSTON CHARITABLE TRUST | FY2025 | £5k | Wales International Piano Festival elements |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/11/2025 | £20k | Canfod y Gan - ehangu |
| The National Lottery Community Fund | 30/01/2024 | £20k | Canfod y Gan |