MENTER RHOSYGILWEN
Music Festivals, Platform for Young Musicians, Gardening Sustainably, Community Opera, Literature festival
Financial health, per its FY2024 accounts
The charity reported a net expenditure deficit of £6,498 for the year, resulting in unrestricted funds decreasing from £9,044 to £2,546. The trustees attribute this deficit to costs associated with rebranding, a new website, and a ticketing system. The accounts state there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“The charity must maintain sufficient reserves to fund future activities whilst recognising the risks inherent in estimating ticket sales in advance.” — page 4
Corporate structure
- Registered company of the charity Companies House 07348697
Company officers (Companies House)
- DAVIES, Richard Randall Lewis, Dr on trustee list
- FORREST, Nicholas Anthony on trustee list
- LLOYD OWEN, David Aidan, Dr not on trustee list
- PETERS, Glen, Dr on trustee list
Trustees
- Dr GLEN PETERSchair
- DAVID AIDAN LLOYD OWEN
- DR RICHARD RANDALL LEWIS DAVIES
- NICHOLAS ANTONY FORREST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £65k | £70k |
| 31/12/2023 | £63k | £60k |
| 31/12/2022 | £53k | £49k |
| 31/12/2021 | £30k | £27k |
| 31/12/2020 | £29k | £27k |
Common questions
Is MENTER RHOSYGILWEN financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure deficit of £6,498 for the year, resulting in unrestricted funds decreasing from £9,044 to £2,546. The trustees attribute this deficit to costs associated with rebranding, a new website, and a ticketing system. The accounts state there are no material uncertainties regarding the charity's ability to continue. Its FY2024 accounts were independently examined.