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.
Objects
THE RELIEF OF UNEMPLOYMENT PRIMARILY IN WALES BUT NOT SOLELY RESTRICTED TO WALES, THROUGH THE ENCOURAGEMENT OF SELF-EMPLOYMENT, EMPLOYMENT, TRAINING AND VOLUNTEERING TO MATURE MEMBERS OF THE GENERAL PUBLIC WITH A FOCUS ON THOSE OVER THE AGE OF 50, WHO ARE NOT ENGAGED IN PAID EMPLOYMENT, ARE UNDER-EMPLOYED OR FACING REDUNDANCY WHO WOULD BENEFIT THROUGH ENHANCED INCOME, OPPORTUNITIES FOR ENGAGEMENT IN MEANINGFUL ACTIVITY AND THE PREVENTION OF SOCIAL EXCLUSION AND OLDER AGE POVERTY.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £100,001–£110,000: 1)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 150
- Government income: £2,000 — grants £2,000 (2,000); under 1% of the £527,787 total gross income on the same return
- Employees paid over £60,000: 1 (£100,001–£110,000: 1)
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 160
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
Corporate structure
- Registered company of the charity Companies House 04187497
Company officers (Companies House)
- JONES, Fiona Jane not on trustee list
- CURTIES, Michael on trustee list
- O'KEEFE, Michael Ross Ian on trustee list
- MARKS, Eleanor on trustee list
- PHILLIPS, Sian, Dr on trustee list
- BIRTLES, Brian Charles on trustee list
- RIDGE-EVANS, Hayley Marie
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 |
| WALES COUNCIL FOR VOLUNTARY ACTION | FY2021 | £324k | Active Inclusion - East Wales / Active Inclusion - West Wales & the Valleys / Infrastructure Funding / Landfill Tax / Volunteering Wales / Wales for Africa / Co |
| MOONDANCE FOUNDATION | FY2021 | £38k | Other Causes in Wales |
| MOONDANCE FOUNDATION | FY2023 | £36k | |
| MOONDANCE FOUNDATION | FY2022 | £30k | Causes in Wales |
| King Charles III Charitable Fund | FY2023 | amount not stated | Postcode Lottery grant |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AGE UK | 2 | £4.7m |
| MOTABILITY | 1 | £4.5m |
| THE STEVE MORGAN FOUNDATION | 1 | £266k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £185k |
| THE GOSLING FOUNDATION LIMITED | 1 | £15k |
| THE WESTMINSTER FOUNDATION | 1 | £10k |
| THE BRITFORD BRIDGE TRUST | 1 | £10k |
| MISS E F RATHBONE CHARITABLE TRUST | 1 | £5k |
Charities like this
- PRIME COMMITMENT LIMITED
- PRIORITY YOUTH PROJECT
- CARE & REPAIR CYMRU 2015
- CARTREFI CYMRU CO-OPERATIVE LIMITED
- AGE CYMRU POWYS
- AGE CYMRU
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PRIME CYMRU | £772k | — | — | above | — | material uncertainty |
| PRIME COMMITMENT LIMITED | £154k | — | 0 | unclear | 148212.0% | no doubt |
| PRIORITY YOUTH PROJECT | £367k | — | 0 | unclear | — | noted |
| CARE & REPAIR CYMRU 2015 | £2.8m | — | — | above | — | no doubt |
| CARTREFI CYMRU CO-OPERATIVE LIMITED | £42.9m | — | — | within | — | no doubt |
| AGE CYMRU POWYS | £567k | — | 0 | unclear | — | no doubt |