PRIME CYMRU
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.
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.
What the accounts disclose
“Charitable activities 750,000” — page 14
“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.”
“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
Structured financials (annual return, FY ending 31/03/2026)
Register events
- Received assets from another charity (07/06/2012)
Trustees
- Brian Charles Birtles
- DR Sian Phillips
- Eleanor Marks
- Fiona Jane Jones OBE
- Michael Curties
- Ross O'Keefe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | FY2022 | £470k | Grant |
| WALES COUNCIL FOR VOLUNTARY ACTION | FY2023 | £379k | Grants payable |
| MOONDANCE FOUNDATION | FY2023 | £36k | |
| MOONDANCE FOUNDATION | FY2022 | £30k | Causes in Wales |
| King Charles III Charitable Fund | FY2023 | — | Postcode Lottery grant |