CREU CYMRU
Financial health, per its FY2023 accounts
The accounts state that the charity reported a total net income surplus of £36,680 for the year ended 31 March 2023. The trustees confirm that free reserves held were £10,048, which is below the stated policy target of £25,584 (equivalent to three months of staffing costs). The filing notes that the organization's long-term viability relies on continuing productive relationships with its membership and funders, particularly the Arts Council of Wales.
What the accounts disclose
Trustees
- Ceridwen Lucinda Price
- DAVID WILSON
- Eloise Tong
- Geinor Styles
- Gundija Zandersona
- Haf Angharad Jones-Leefe
- Julia Claire Barry
- Maria Goddard
- Sara McKay
- Sarah Louise Horner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £206k | £192k |
| 31/03/2024 | £198k | £199k |
| 31/03/2023 | £219k | £182k |
| 31/03/2022 | £169k | £140k |
| 31/03/2021 | £186k | £178k |
Common questions
Is CREU CYMRU financially healthy?
The accounts state that the charity reported a total net income surplus of £36,680 for the year ended 31 March 2023. The trustees confirm that free reserves held were £10,048, which is below the stated policy target of £25,584 (equivalent to three months of staffing costs). The filing notes that the organization's long-term viability relies on continuing productive relationships with its membership and funders, particularly the Arts Council of Wales. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JANE HODGE FOUNDATION | 1 | £140k |
| JERWOOD FOUNDATION | 1 | £36k |
| DEVELOPMENTS IN LITERACY UK (UK) | 1 | £10k |