MILLENNIUM STADIUM CHARITABLE TRUST

Registered charity 1086596 · accounts filings on the Charity Commission register · also known as YMDDIRIEDCLAETH ELUSENNOL STADIWM Y MILENIWM

Through its funding the Trust aims to improve the quality of life of people who live and work in Wales. In particular the Trust aims to promote education, history, language, culture, music and folklore, particularly for those who face discrimination or disadvantage. Grants are made to Sport, the Arts, Community and the Environment.

Causes: General Charitable Purposes · Education/training · Disability · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£591k

Latest spending

£534k

Registered

2001

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves increased to £297,066, which the trustees confirm meets their stated minimum cash requirement of £40,000. The charity reports a net surplus for the year and has reasonable assurance regarding future grant funding from its principal source, Millennium Stadium plc.

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

What the accounts disclose

Largest income source: Millennium Stadium plc (100% of income)

“The principal funding source is the MSP.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: £40,000 (held: £297k)

“The Board believes that the minimum cash/reserves requirement is £40,000 in order to ensure the continuity of operations.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: The Trust received grant income from Millennium Stadium plc, a related party. An amount of £157,549 remained outstanding at year end.

“During the year, the charity received grant income amounting to £590,149 (2024: £503,177) from Millennium Stadium plc. At the year end an amount of £157,549 (2024: £178,280) remained outstanding and is included in debtors amounts falling due within one year.” — page 22

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young. 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).

Millennium Commission — “The Trust was established through an agreement between The Millennium Stadium plc and the Millennium Commission.” (source page)

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

Structured financials (annual return, FY ending 31/03/2025)

Total income

£591k

Total spending

£534k

Reserves (reported)

£297k

Employees

Reported reserves equal ~6.7 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% 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 (4.9%) (benchmarks).

Trustees · trustee networks

RUSSELL GOODWAYchair
ANDREW WALKER
Alison Thorne · trustee of 1 other charity
Colin Wilkes
Councillor Peter Bradbury · trustee of 1 other charity
David Hammond · trustee of 3 other charities
Emyr Wyn Jones
IAN DAVIES
JOHN HARDY RAWLINS
JOHN LLOYD-JONES · trustee of 1 other charity
Jonathan Day
Momena Ali

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

Operates in: Throughout Wales

Income and spending

Financial year end	Income	Spending
31/03/2025	£591k	£534k
31/03/2024	£505k	£689k
31/03/2023	£575k	£400k
31/03/2022	£296k	£82k
31/03/2021	£910	£100k

Common questions

Is MILLENNIUM STADIUM CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £297,066, which the trustees confirm meets their stated minimum cash requirement of £40,000. The charity reports a net surplus for the year and has reasonable assurance regarding future grant funding from its principal source, Millennium Stadium plc. Its FY2025 accounts were audited by UHY Hacker Young.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WEMBLEY NATIONAL STADIUM TRUST.

WEMBLEY NATIONAL STADIUM TRUST income £1.4m
CYMRU FOOTBALL FOUNDATION LIMITED income £8.8m
THE MILLENNIUM AWARDS TRUST income £4.9m
PILLGWENLLY MILLENNIUM TRUST LIMITED income £111k
KIVETON PARK AND WALES COMMUNITY DEVELOPMENT TRUST income £224k
COLWINSTON CHARITABLE TRUST income £1.3m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
MILLENNIUM STADIUM CHARITABLE TRUST	£591k	—	0	above	—	no doubt
WEMBLEY NATIONAL STADIUM TRUST FY2025	£1.4m	—	0	unclear	—	no doubt
CYMRU FOOTBALL FOUNDATION LIMITED FY2025	£8.8m	—	—	unclear	—	no doubt
THE MILLENNIUM AWARDS TRUST FY2025	£4.9m	—	0	unclear	—	no doubt
PILLGWENLLY MILLENNIUM TRUST LIMITED FY2025	£111k	—	0	unclear	—	no doubt
KIVETON PARK AND WALES COMMUNITY DEVELOPMENT TRUST FY2025	£224k	—	0	unclear	—	no doubt

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