PROMO - CYMRU
Registered charity 1094652 · accounts filings on the Charity Commission register · also known as CDA, CYMRU WALES CO-OPERATIVE DEVELOPMENT ASSOCIATION LIMITED
To promote youth co-operation development within the field of cultural enterprise
Causes: Education/training · Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity remains in a strong financial position with unrestricted reserves of £545,439 (company) and £619,954 (group). The trustees and auditors confirm the organization is a going concern with adequate working capital to facilitate its activities. Unrestricted reserves increased by £31,424 during the year, compared to an increase of £79,992 in the previous year.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: 6 months of average operating costs (held: £545k)
“The target minimum Operating Reserve Fund is equal to 6 months of average ‘operating costs.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity purchased goods/services from Promo-Cymru Trading Limited (wholly owned subsidiary) in the sum of £699,260 and sold goods/services to it in the sum of £56,900. The charity also received £70,000 by way of gift aid from Promo-Cymru Trading Limited.
“During the year the charity purchased goods or received services or incurred other liabilities from Promo-Cymru Trading Limited, a wholly owned subsidiary company, in the sum of £699,260 (2024: £583,913) and, sold goods or rendered services or provided other assets to Promo-Cymru Trading Limited in the sum of £56,900 (2024: £3,783). The charity also received £70,000 (2024: £85,000) by way of gift aid from Prom-Cymru Trading Limited.” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Promo-Cymru Trading Limited
“Promo-Cymru Ltd is the holding company of a trading subsidiary company called Promo-Cymru Trading Limited.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Robert Hugh Limited. Discloses 5 of 6 completeness components.
Leadership, per the charity’s website
- Arielle Tye — Co-Chief Executive (source)
- Cindy Chen — Co-Chief Executive (source)
- John McKernan — Deputy Chief Executive (source)
- Marco Gil-Cervantes — Development Director (source)
- Meirion Morgan — Chairman (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Property (HM Land Registry)
5 registered titles in England and Wales held by the charity’s company or corporate body (5 freehold); recorded price paid £600k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (50% 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 (5.2%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is PROMO - CYMRU financially healthy?
Per its FY2025 accounts: The accounts state that the charity remains in a strong financial position with unrestricted reserves of £545,439 (company) and £619,954 (group). The trustees and auditors confirm the organization is a going concern with adequate working capital to facilitate its activities. Unrestricted reserves increased by £31,424 during the year, compared to an increase of £79,992 in the previous year. Its FY2025 accounts were audited by Robert Hugh Limited.
Who funds PROMO - CYMRU?
Funders whose own accounts filings name PROMO - CYMRU as a grant recipient include WALES COUNCIL FOR VOLUNTARY ACTION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Side by side with its peers
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