CARDIFF AND VALE CITIZENS ADVICE BUREAU
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £17,155 for the year, with unrestricted reserves increasing to £924,875. Per the trustees' report, the charity holds total reserves of £1,400,232, which exceeds its stated policy target of three months' unrestricted operating expenses. The independent auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“the organisation's designated reserves policy is to hold three months' unrestricted operating expenses and one month's restricted operating expenses.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Peter Trottchair
- Ann-Marie Harkin
- CHRISTOPHER GRAHAM
- Cathryn Mayo
- David Browne
- Denise Goode
- Michael Trickey
- Olivia Manley
- Peter Cartwright
- Philip Champness
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.9m | £4.9m |
| 31/03/2024 | £5.1m | £4.9m |
| 31/03/2023 | £4.9m | £4.9m |
| 31/03/2022 | £4.6m | £4.5m |
| 31/03/2021 | £4.3m | £4.0m |
Common questions
Is CARDIFF AND VALE CITIZENS ADVICE BUREAU financially healthy?
The accounts state that the charity generated a surplus of £17,155 for the year, with unrestricted reserves increasing to £924,875. Per the trustees' report, the charity holds total reserves of £1,400,232, which exceeds its stated policy target of three months' unrestricted operating expenses. The independent auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Azets Audit Services.