PRIME CYMRU

Registered charity 1140129 · accounts filings on the Charity Commission register

PRIME Cymru is a registered charity dedicated to providing practical support to people aged 50 and over who want to become and remain economically active. Through our staff, trained mentors and associates we provide clients throughout Wales with tailored one to one support whether they wish to start their own business, return to the workforce or volunteer to develop skills and confidence.

Causes: Economic/community Development/employment · website · Get email alerts

Latest income
£772k
Latest spending
£501k
Registered
2011
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that unrestricted reserves stand at £644,915, which is above the trustees' stated policy target of £125,357 (equivalent to three months of running costs). However, the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern beyond March 2027 due to a lack of secured future funding.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities
“Charitable activities 750,000” — page 14
Per its FY2026 accounts as filed with the Charity Commission.
Reserves policy: three months running costs (held: £645k)
“aim to maintain free reserves at a level equivalent to 3 months running costs. Based on the current years expenditure this equates to £125,357.”
Per its FY2026 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“We draw attention to note 21 in the financial statements, which indicates that the charity does not have funding secured beyond March 2027. As stated in note 21, the event or conditions indicate that a material uncertainty exists that may cast significant doubt on the charity's ability to continue as a going concern.” — page 10
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Ashmole & Co. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — PRIME Cymru (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2026)

Total income
£772k
Total spending
£501k
Reserves (reported)
£430k
Employees
10

Reported reserves equal ~10.3 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2026£772k£501k
31/03/2025£528k£508k
31/03/2024£48k£492k
31/03/2023£854k£530k
31/03/2022£623k£591k

Common questions

Is PRIME CYMRU financially healthy?

Per its FY2026 accounts: The accounts state that unrestricted reserves stand at £644,915, which is above the trustees' stated policy target of £125,357 (equivalent to three months of running costs). However, the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern beyond March 2027 due to a lack of secured future funding. Its FY2026 accounts were audited by Ashmole & Co.

Who funds PRIME CYMRU?

Funders whose own accounts filings name PRIME CYMRU as a grant recipient include WALES COUNCIL FOR VOLUNTARY ACTION, MOONDANCE FOUNDATION, King Charles III Charitable Fund.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
WALES COUNCIL FOR VOLUNTARY ACTIONFY2022£470kGrant
WALES COUNCIL FOR VOLUNTARY ACTIONFY2023£379kGrants payable
MOONDANCE FOUNDATIONFY2023£36k
MOONDANCE FOUNDATIONFY2022£30kCauses in Wales
King Charles III Charitable FundFY2023—Postcode Lottery grant