SEREN FFESTINIOG CYF.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £1,724,604, with unrestricted reserves at £952,897, which the trustees consider sufficient to cover six months of expenditure. The charity reported a net income of £162,215 and received an 'Excellent' rating from the Care Inspectorate Wales. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“No employees received emoluments in excess of £60,000.” — page 26
“The trustees therefore consider £1,000,000 to be an appropriate level of reserves to cover it's expenditure for 6 months.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALED ELLIS
- Dr Ian James Rees
- EIFION JARRETT LEWIS
- Maldwyn Jones
- Meinir Angharad Williams
- Rona Elaine Morgan
- WILLIAM ANTHONY EVANS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £2.7m |
| 31/03/2024 | £2.1m | £2.0m |
| 31/03/2023 | £2.3m | £2.2m |
| 31/03/2022 | £1.9m | £1.9m |
| 31/03/2021 | £1.7m | £1.6m |
Common questions
Is SEREN FFESTINIOG CYF. financially healthy?
The accounts state that total funds increased to £1,724,604, with unrestricted reserves at £952,897, which the trustees consider sufficient to cover six months of expenditure. The charity reported a net income of £162,215 and received an 'Excellent' rating from the Care Inspectorate Wales. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by A.Hughes-Jones, Dyson & Co..
What does the highest-paid employee of SEREN FFESTINIOG CYF. earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.