WELSH CENTRE FOR INTERNATIONAL AFFAIRS / CANOLFAN MATERION RHYNGWLADOL CYMRU
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £78,483 for the year, with total income of £1.16 million and expenditure of £1.08 million. Per the trustees' report, net assets increased to £822,000, with unrestricted reserves of £430,000 falling within the stated policy target of £350,000 to £450,000. The trustees note that while income has fallen due to the conclusion of specific grants, core costs remain and reserve spend is expected to be necessary in the short term to cover these costs.
What the accounts disclose
“Our reserves are within the range required by our Reserves Policy which requires free reserves of £350k - £450k to be held.”
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (19/10/2020)
- Received assets from another charity (22/05/2014)
Trustees
- Nick Christoforouchair
- Alex Williams
- Cerian Eluned Sine Black
- Daniel Silas Guy Mapatac
- Gareth Atkinson
- Gill Richardson
- Linnea Renton
- Nirushan Sudarsan
- Rhys Phillips
- Sara Whittam
- Stuart Booker
- Victoria Miller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.1m |
| 31/03/2024 | £1.5m | £1.6m |
| 31/03/2023 | £1.3m | £1.2m |
| 31/03/2022 | £994k | £975k |
| 31/03/2021 | £947k | £875k |
Common questions
Is WELSH CENTRE FOR INTERNATIONAL AFFAIRS / CANOLFAN MATERION RHYNGWLADOL CYMRU financially healthy?
The accounts state that the charity generated a surplus of £78,483 for the year, with total income of £1.16 million and expenditure of £1.08 million. Per the trustees' report, net assets increased to £822,000, with unrestricted reserves of £430,000 falling within the stated policy target of £350,000 to £450,000. The trustees note that while income has fallen due to the conclusion of specific grants, core costs remain and reserve spend is expected to be necessary in the short term to cover these costs. Its FY2025 accounts were audited by Walter Hunter & Co Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/03/2023 | £249k | "Women's Peace Petition - Hawlio Heddwch" |
| The National Lottery Heritage Fund | 06/07/2020 | £11k | "COVID19 Welsh Centre for International Affairs" |
| The National Lottery Heritage Fund | 19/09/2013 | £950k | "Cymru dros Heddwch / Wales for Peace" |
| The National Lottery Heritage Fund | 23/11/2006 | £48k | "FIGHTING FASCISM: Wales and the Spanish Civil War" |
| The National Lottery Heritage Fund | 08/12/1999 | £322k | "National Temple of Peace & Health, Cardiff - Restoration" |