CADOG'S CORNER DEVELOPMENT GROUP
We deliver activities and opportunities for and with the community of Cadoxton, Barry and develop community facilities. We fundraise and seek grant funding and work in partnership with other organisations. Our activities include a junk food cafe and wellbeing group.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £17,922 for the year, reducing total unrestricted reserves from £33,552 to £15,630. The trustees confirm that future reserves and income are sufficient to meet current commitments, with no material uncertainties impacting the going concern basis. The charity's reserves policy indicates it does not hold significant reserves due to a lack of ongoing commitments.
What the accounts disclose
“The charity does not hold any significant reserves as there is no ongoing commitments, with funding acquired on a project basis.” — page 7
Trustees
- MEGAN MERRETT BA, PGDIPchair
- Bernadette Mary Powell
- Claire Elizabeth Pearce
- JANET CLARKE
- Janet Anne Hayward
- Michael Darren Mitchell
- Nathan Lloyd Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £55k | £73k |
| 31/03/2024 | £50k | £60k |
| 31/03/2023 | £98k | £104k |
| 31/03/2022 | £75k | £56k |
| 31/03/2021 | £151k | £127k |
Common questions
Is CADOG'S CORNER DEVELOPMENT GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £17,922 for the year, reducing total unrestricted reserves from £33,552 to £15,630. The trustees confirm that future reserves and income are sufficient to meet current commitments, with no material uncertainties impacting the going concern basis. The charity's reserves policy indicates it does not hold significant reserves due to a lack of ongoing commitments. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/12/2019 | £10k | Cadogs Corner Food Bank Project |