CANOLFAN GERDD WILLIAM MATHIAS CYF

Registered charity 1084271 · accounts filings on the Charity Commission register

Provision of Music Tuition to all ages

Causes: Education/training · Arts/culture/heritage/science · Recreation · website · Get email alerts

Latest income
£494k
Latest spending
£553k
Registered
2000
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Arts Council of Wales (16% of income)
“Arts Council of Wales 79,409” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £149k; policy: maintain the balance of general reserves)
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2024)

Total income
£602k
Total spending
£569k
Reserves (reported)
£229k
Employees
5

Reported reserves equal ~4.8 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (60% 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: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

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Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Conwy · Denbighshire · Gwynedd · Isle Of Anglesey · Wrexham

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
COLWINSTON CHARITABLE TRUSTFY2023£10kA grant of £10,475 was offered to support outreach new music commissions and educational activity/masterclasses for the Wales International Harp Festival.
COLWINSTON CHARITABLE TRUSTFY2025£5kWales International Piano Festival elements

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund05/11/2025£20kCanfod y Gan - ehangu
The National Lottery Community Fund30/01/2024£20kCanfod y Gan