MERTHYR TYDFIL LEISURE TRUST LIMITED
Registered charity 1160964 · accounts filings on the Charity Commission register
Operate Cultural and Leisure Venues in Merthyr Tydfil providing access to a range of cultural and active recreation opportunities to benefit the Health and Wellbeing of the Community of Merthyr Tydfil. The venues include Libraries, Park, Castle, Museum, Theatre and Arts Venue, Leisure Centres and Community Centres. In addition a range of events delivered via the venues.
Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Arts/culture/heritage/science · Environment/conservation/heritage · Get email alerts
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net unrestricted deficit of £307,825 for the year ended 31 March 2022, driven by increased expenditure against stagnant income levels. The trustees highlight significant material uncertainties regarding going concern due to rising utility costs and a slow post-pandemic recovery, noting that the current operational model is unsustainable without changes. Despite these risks, the auditor confirmed the appropriateness of the going concern basis, citing expected partnership support from the local authority.
Automated summary of the FY2022 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Related-party transaction: The charity is the trustee of the Aberfan Disaster Fund and Centre. There were no transactions between the two charities during the current or prior year. No balances were outstanding at 31st March 2022.
“Merthyr Tydfil Leisure Trust Limited is the trustee of the charity Aberfan Disaster Fund and Centre (charity number: 251829). There were no transactions between the two charities during the current or prior year. No balances were outstanding at 31st March 2022 (2021: £nil). There were no other disclosable related party transactions during the year (2021 - none).” — page 41
Per its FY2022 accounts as filed with the Charity Commission.
Pension scheme deficit: £3.3m
“Deficit in scheme 3,344,000”
Per its FY2022 accounts as filed with the Charity Commission.
Accounts audited by Azets Audit Services. Discloses 3 of 6 completeness components.
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/03/2022)
Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
- David Andrew Lewis
- Elliott Darnell Crabtree
- Matthew William Alyn Griffiths
- Sheridan Methuen
- Timothy James Moore
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout Wales
Income and spending
Common questions
Is MERTHYR TYDFIL LEISURE TRUST LIMITED financially healthy?
Per its FY2022 accounts: The accounts state that the charity reported a net unrestricted deficit of £307,825 for the year ended 31 March 2022, driven by increased expenditure against stagnant income levels. The trustees highlight significant material uncertainties regarding going concern due to rising utility costs and a slow post-pandemic recovery, noting that the current operational model is unsustainable without changes. Despite these risks, the auditor confirmed the appropriateness of the going concern basis, citing expected partnership support from the local authority. Its FY2022 accounts were audited by Azets Audit Services.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 VOLUNTARY ACTION MERTHYR TYDFIL.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.