Charity Accounts Intelreading the accounts so you don’t have to

CONWY AND DENBIGHSHIRE MENTAL HEALTH ADVOCACY SERVICE LTD

Registered charity 1128582 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£1.3m
Latest spending
£1.3m
Registered
2009
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a surplus on unrestricted funds of £30,773 for the year ended 31 March 2023, with total net assets increasing to £288,460. The trustees confirmed that the going concern basis of accounting remains appropriate, noting that the charity has adequate resources to continue in operational existence for the foreseeable future. Unrestricted funds stood at £150,303, of which £47,600 was designated for potential liabilities.

What the accounts disclose

Reserves policy: three months running costs (held: £150k)
“the organisation will endeavour to maintain a minimum reserve equivalent to the current three months running costs of the organisation, and endeavour to increase this amount to the equivalent of six months running costs.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Salisbury & Company Business Solutions Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£1.3m
Reserves (reported)
£191k
Employees
40

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.3m£1.3m
31/03/2024£1.4m£1.2m
31/03/2023£1.1m£916k
31/03/2022£502k£497k
31/03/2021£522k£486k

Common questions

Is CONWY AND DENBIGHSHIRE MENTAL HEALTH ADVOCACY SERVICE LTD financially healthy?

The accounts state that the charity reported a surplus on unrestricted funds of £30,773 for the year ended 31 March 2023, with total net assets increasing to £288,460. The trustees confirmed that the going concern basis of accounting remains appropriate, noting that the charity has adequate resources to continue in operational existence for the foreseeable future. Unrestricted funds stood at £150,303, of which £47,600 was designated for potential liabilities. Its FY2023 accounts were audited by Salisbury & Company Business Solutions Limited.