MERTHYR TYDFIL COLLEGE LIMITED
The College provides education and training, and is committed to equality of opportunity andincreasing access and participation rates.
Financial health, per its FY2025 accounts
The accounts state that the College reported a surplus of £1,407k for the year ended 31 July 2025, with unrestricted reserves increasing to £15,785k. The Board of Directors confirmed that the College has adequate resources to continue in operational existence for at least 12 months, and the independent auditors found no material uncertainties related to going concern. The College relies considerably on government funding, which accounted for 88% of revenue in 2025.
What the accounts disclose
“£155,000 - £160,000 1 -” — page 29
“No payments have been made to or on behalf of the above with the exception of Mrs Lisa Thomas (Principal / Chief Executive / Accounting Officer) whose remuneration is disclosed in Note 4, and Ms Angela Powell (Staff Director) and Ms Alexandra Strong (Staff Director)” — page 10
“On the 1st August 2019 the College acquired Tydfil Training Consortium Ltd (TTC Ltd), a charitable company engaged primarily in the delivery of the Welsh Governments Work Based Learning programme.” — page 7
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Alexandra Strong
- Catherine Siobhan Cole
- Daniel Robert Tromans
- Dr Alessandro Ceccarelli
- Ian Morgan
- Lisa Thomas
- Louise Elizabeth Evans
- Matthew Anthony Morgan Dicks
- Peter Spencer Reason
- Professor Osama Shafique Minhaz Khan
- Susan Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £19.1m | £17.7m |
| 31/07/2024 | £17.6m | £16.2m |
| 31/07/2023 | £17.9m | £16.7m |
| 31/07/2022 | £17.2m | £16.4m |
| 31/07/2021 | £16.2m | £15.3m |
Common questions
Is MERTHYR TYDFIL COLLEGE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the College reported a surplus of £1,407k for the year ended 31 July 2025, with unrestricted reserves increasing to £15,785k. The Board of Directors confirmed that the College has adequate resources to continue in operational existence for at least 12 months, and the independent auditors found no material uncertainties related to going concern. The College relies considerably on government funding, which accounted for 88% of revenue in 2025. Its FY2025 accounts were audited by HaysMac LLP.
What does the highest-paid employee of MERTHYR TYDFIL COLLEGE LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £155,000 - £160,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £728k |
| INTERLINK RCT | 1 | £150k |
| THE STEVE MORGAN FOUNDATION | 1 | £145k |
| THE BEATRICE LAING TRUST | 1 | £50k |
| CHARITY OF CHARLES CLEMENT WALKER (COMMONLY KNOWN AS THE WALKER TRUST) | 1 | £43k |
| ROYAL FEMALE SCHOOL OF ART FOUNDATION | 1 | £36k |
| THE HOBSON CHARITY LIMITED | 1 | £15k |
| THE MILLICHOPE FOUNDATION | 1 | £11k |
Charities like this
- MERTHYR TYDFIL INSTITUTE FOR THE BLIND
- COLEG CEREDIGION
- MERTHYR TYDFIL CITIZENS ADVICE BUREAU
- DERWEN COLLEGE
- VOLUNTARY ACTION MERTHYR TYDFIL
- ST MELLITUS COLLEGE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MERTHYR TYDFIL COLLEGE LIMITED | £19.1m | £155,000 - £160,000 | — | above | — | no doubt |
| MERTHYR TYDFIL INSTITUTE FOR THE BLIND | £2.4m | — | — | above | — | no doubt |
| COLEG CEREDIGION | £6.9m | — | — | unclear | — | no doubt |
| MERTHYR TYDFIL CITIZENS ADVICE BUREAU | £1.5m | — | — | above | — | no doubt |
| DERWEN COLLEGE | £17.9m | £90,001 - £100,000 | — | unclear | — | no doubt |
| VOLUNTARY ACTION MERTHYR TYDFIL | £1.1m | — | 0 | unclear | — | no doubt |