VALLEYS STEPS LIMITED

Registered charity 1166003 · accounts filings on the Charity Commission register

To Promote the advancement of Mental health for the benefit of the communities in Rhondda Cynon Taf and Merthyr Tydfil and the surrounding areas through the provision of therapeutic interventions.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net income surplus of £45,952, increasing its unrestricted reserves to £354,861. The trustees report that the reserves position has improved, supporting ongoing sustainability, with a policy target of maintaining three months of operational costs. The filing notes key risks include delivering terms of service level agreements and securing adequate funding to continue services.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2023)

Reported reserves equal ~10.2 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.4% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

• Professor JONATHAN RICHARDSchair
• Cheranne Kermath
• Kelly Davies
• Louise Evans
• PAUL DAVIES

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

Operates in: Merthyr Tydfil · Rhondda Cynon Taff

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.