Cyngor ar Bopeth Conwy Gwynedd Citizens Advice
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £100,271 for the year ended 31 March 2024, resulting in total unrestricted reserves of £282,943. The trustees note that the charity's ability to continue providing services is largely dependent on funding from local authorities and government agencies, with 2024-25 funding projected at just over £1 million. Despite this dependency, the board confirmed the going concern basis with no material uncertainties identified.
What the accounts disclose
“The reserves policy agreed by trustees in February 2023 is to hold unrestricted reserves of £190,000.” — page 5
“The charity paid £7,645 to Citizens Advice in membership fees and to cover the cost of insurance, financial support, and information services (2023: £11,113). No amounts were outstanding at the year end.” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PETER MCGLORYchair
- Alison Jayne Evans
- Antony Bertola
- Huw Llwyd Rowlands
- John Patrick Pollard
- Michelle Louise Durrant
- Peter Evans
- Peter Reginald Lewis
- Robert Ian Cuthbertson
- Sion Hughes
- Stephen Thomas
- Tracey Greta Horton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.1m |
| 31/03/2024 | £1.0m | £922k |
| 31/03/2023 | £786k | £812k |
| 31/03/2022 | £653k | £676k |
| 31/03/2021 | £529k | £499k |
Common questions
Is Cyngor ar Bopeth Conwy Gwynedd Citizens Advice financially healthy?
The accounts state that the charity reported a surplus of £100,271 for the year ended 31 March 2024, resulting in total unrestricted reserves of £282,943. The trustees note that the charity's ability to continue providing services is largely dependent on funding from local authorities and government agencies, with 2024-25 funding projected at just over £1 million. Despite this dependency, the board confirmed the going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Crestmere Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £817k |