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MERTHYR TYDFIL COLLEGE LIMITED

Registered charity 1140289 · accounts filings on the Charity Commission register

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Latest income
£19.1m
Latest spending
£17.7m
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the College reported a surplus for the year of £1,357k (2023: £1,173k) and held unrestricted reserves of £14,440k at year-end. The trustees confirmed that the College has adequate resources to continue in operational existence for a minimum of 12 months, with no material uncertainties identified regarding going concern.

What the accounts disclose

Payments to trustees: Mrs Lisa Thomas (Principal/CEO) and Ms Angela Powell (Staff Director) received remuneration. No other directors received remuneration.
“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).” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Tydfil Training Consortium Ltd
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£19.1m
Total spending
£17.7m
Reserves (reported)
£0
Employees
212

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Merthyr Tydfil

Income and spending

Financial year endIncomeSpending
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?

The accounts state that the College reported a surplus for the year of £1,357k (2023: £1,173k) and held unrestricted reserves of £14,440k at year-end. The trustees confirmed that the College has adequate resources to continue in operational existence for a minimum of 12 months, with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by HaysMac LLP.