TRADDODIADAU CERDD CYMRU/ MUSIC TRADITIONS WALES LTD

Registered charity 1085422 · accounts filings on the Charity Commission register · also known as TRAC

trac exists to promote and develop the music traditions of Wales

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£202k
Latest spending
£177k
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity has survived the withdrawal of its primary Arts Council of Wales funding by raising a mixture of project grants, core funding, and fees. Per the trustees' report, the organization has avoided redundancies or closure, though it notes that its free reserves are currently minimal as it rebuilds its financial footing.

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

What the accounts disclose

Largest income source: none
In 2024-25 Trac Cymru continued to benefit from Arts Council for Wales project funding up to the end of the financial year, plus Heritage Lottery Project Funding. Additional funding was gained from grants from Anthem and Tŷ Cerdd. The organisation was awarded £50,000 from the Welsh Government’s Arts Jobs Protection Fund. — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
The present level of reserves available to the charity is minimal as we rebuild a solid financial footing for our future.
Per its FY2025 accounts as filed with the Charity Commission.

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

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

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£202k£177k
31/03/2024£143k£160k
31/03/2023£130k£189k
31/03/2022£161k£122k
31/03/2021£115k£97k

Common questions

Is TRADDODIADAU CERDD CYMRU/ MUSIC TRADITIONS WALES LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity has survived the withdrawal of its primary Arts Council of Wales funding by raising a mixture of project grants, core funding, and fees. Per the trustees' report, the organization has avoided redundancies or closure, though it notes that its free reserves are currently minimal as it rebuilds its financial footing. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund04/04/2023£206k"When Valleys Sing (Resubmission)"
The National Lottery Heritage Fund14/03/2012£7k"O Wela Ni'n Dyfod"

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 TY CERDD - MUSIC CENTRE WALES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TRADDODIADAU CERDD CYMRU/ MUSIC TRADITIONS WALES LTD£202k0belowno doubt
TY CERDD - MUSIC CENTRE WALES FY2024£709k0unclearno doubt
COMMUNITY MUSIC WALES/CERDDORIAETH GYMUNEDOL CYMRU FY2025£257k0belownoted
Gwasanaeth Cerdd Ysgolion Gwynedd a Môn FY2025£1.0m0aboveno doubt
COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR FY2025£195k0unclearno doubt
EISTEDDFOD GENEDLAETHOL CYMRU FY2025£6.7mbelowno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.