WALES FEDERATION OF YOUNG FARMERS CLUBS
Wales YFC seeks to meet the needs of rural young people through a variety of educational, training and social programmes that encourage community involvement and concern for our environment. Over 5,000 young people have been involved in the organisation during the past twelve months, all of whom are aged between 10 and 26 years of age.
Financial health, per its FY2025 accounts
The accounts state that total closing funds increased to £707,082, driven by a surplus of £190,907 largely attributable to legacy income. The trustees report that free reserves of £283,421 fall within their stated policy target of three to six months' expenditure, and they have concluded there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Board of Trustees has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets, i.e. the free reserves, held by the organisation should equate to the equivalent of between three and six months resources expended which directly relates to the running of the annual programme of activities. Based on the current years expenditure this equates to between £144,976 and £289,952.” — page 6
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (14/12/2019)
Trustees
- Samuel Kurtzchair
- Angharad Thomas
- Dewi Davies
- Dominic Hampson-Smith
- Elliw Dafydd
- Hilary Jones
- MEINIR WIGLEY
- Mollie Hooper
- William Hughes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £771k | £580k |
| 31/03/2024 | £642k | £645k |
| 31/03/2023 | £628k | £844k |
| 31/03/2022 | £312k | £259k |
| 31/03/2021 | £506k | £233k |
Common questions
Is WALES FEDERATION OF YOUNG FARMERS CLUBS financially healthy?
Per its FY2025 accounts: The accounts state that total closing funds increased to £707,082, driven by a surplus of £190,907 largely attributable to legacy income. The trustees report that free reserves of £283,421 fall within their stated policy target of three to six months' expenditure, and they have concluded there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Ashmole & Co.
Who funds WALES FEDERATION OF YOUNG FARMERS CLUBS?
Funders whose own accounts filings name WALES FEDERATION OF YOUNG FARMERS CLUBS as a grant recipient include THE NFU MUTUAL CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE NFU MUTUAL CHARITABLE TRUST | FY2024 | £31k | |
| THE NFU MUTUAL CHARITABLE TRUST | FY2023 | £19k | |
| THE NFU MUTUAL CHARITABLE TRUST | FY2022 | £11k | |
| THE NFU MUTUAL CHARITABLE TRUST | FY2021 | £7k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 06/11/2025 | £18k | Wales YFC 90th Celebrations |
| The National Lottery Community Fund | 21/01/2021 | £37k | The YFC Rural Hub |
| The National Lottery Community Fund | 10/12/2018 | £10k | Voices of Rural Wales |
| The National Lottery Community Fund | 03/03/2011 | £5k | YFC Wales - Young People's Centre |
| The National Lottery Community Fund | 24/04/2006 | £5k | There is no project name available for this record |