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.

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.

Area of benefit: UNDEFINED. IN PRACTICE, WALES

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Carmarthenshire, Wales (from the postcode on the register)

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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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)

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

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

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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
WALES COUNCIL FOR VOLUNTARY ACTIONFY2021£324kActive Inclusion - East Wales / Active Inclusion - West Wales & the Valleys / Infrastructure Funding / Landfill Tax / Volunteering Wales / Wales for Africa / Co
MOONDANCE FOUNDATIONFY2021£38kOther Causes in Wales
MOONDANCE FOUNDATIONFY2023£36k
MOONDANCE FOUNDATIONFY2022£30kCauses in Wales
King Charles III Charitable FundFY2023amount not statedPostcode Lottery grant

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PRIME COMMITMENT LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PRIME CYMRU£772k——above—material uncertainty
PRIME COMMITMENT LIMITED FY2025£154k—0unclear148212.0%no doubt
PRIORITY YOUTH PROJECT FY2025£367k—0unclear—noted
CARE & REPAIR CYMRU 2015 FY2025£2.8m——above—no doubt
CARTREFI CYMRU CO-OPERATIVE LIMITED FY2025£42.9m——within—no doubt
AGE CYMRU POWYS FY2025£567k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.