CWMBRAN CENTRE FOR YOUNG PEOPLE
To educate young people as to develop their physical, mental, social and spiritual welfare capacities that they may grow to full maturity as individuals and members of society and that their conditions of life may be improved.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £56,546 for the year, resulting in a deficit in both unrestricted and restricted funds. The trustees report that unrestricted reserves held at year-end were £212,420, which exceeds their stated policy target of approximately £176,000 equivalent to three months of running costs. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Grants Centre activities 569,966” — page 19
“The Management Committee have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be the equivalent to three months running costs, which based on the accounts for the year ended 31 March 2025, equates to approximately £176,000.”
“The charitable company is in receipt of grants from Torfaen County Borough Council and other local community councils, who have Councillors who sit on the board of trustees. They are, however not entitled to any special privileges as a result of these Counciillors holding office as trustees.” — page 25
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Leanne Lloyd Tolmanchair
- Colin Crick
- EMMA MILLS BUTCHER
- JULIAN DAVENNE
- NIGEL GWYN DAVIES
- Rhiannon Bennett
- Richard Giles Clark
- Sean Wharton
- Susan Morgan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £648k | £705k |
| 31/03/2024 | £612k | £662k |
| 31/03/2023 | £662k | £681k |
| 31/03/2022 | £713k | £694k |
| 31/03/2021 | £907k | £555k |
Common questions
Is CWMBRAN CENTRE FOR YOUNG PEOPLE financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £56,546 for the year, resulting in a deficit in both unrestricted and restricted funds. The trustees report that unrestricted reserves held at year-end were £212,420, which exceeds their stated policy target of approximately £176,000 equivalent to three months of running costs. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/03/2022 | £10k | Unity in the Community |
| The National Lottery Community Fund | 12/05/2020 | £9k | COVID-19 - Care Support Package Project |
| The National Lottery Community Fund | 18/11/2019 | £10k | Gaia |
| The National Lottery Community Fund | 14/09/2014 | £724 | Butterflies |
| The National Lottery Community Fund | 29/09/2011 | £5k | Cwmbran Connect Radio |
| The National Lottery Community Fund | 18/10/2010 | £50k | Recession 2- Cwmbran Centre for Young People |
| The National Lottery Community Fund | 20/11/2006 | £299k | The Ideal Project |