CANOLFAN PENTRE CIO
Canolfan Pentre is a community hub for wellbeing, we strive to combat loneliness and isolation. We work with third sector partners to provide service for the community and wider community. Canolfan Pentre is run for the community by the community by dedicated volunteers. Through hard work and determination we have created a safe warm and successful environment.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £12,968 for the year ended 31 December 2024, with total income of £154,042 against expenditure of £141,074. Per the trustees' report, the charity holds total funds of £248,293, comprising £57,328 in unrestricted reserves and £190,965 in restricted funds. The trustees confirm the charity remains in a sound financial position and continues to operate on a going concern basis.
What the accounts disclose
“The charity's policy is to maintain unrestricted reserves at a prudent level sufficient to cover planned expenditure and to provide a financial cushion in the event of unexpected income shortfalls or urgent needs.” — page 5
Trustees
- Andrew Evans
- Elizabeth Williams
- Georgina Elizabeth Williams Councillor
- Lauren Jenkins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £154k | £141k |
| 31/12/2023 | £106k | £128k |
| 31/12/2022 | £106k | £107k |
| 31/12/2021 | £62k | £89k |
| 31/12/2020 | £195k | £110k |
Common questions
Is CANOLFAN PENTRE CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £12,968 for the year ended 31 December 2024, with total income of £154,042 against expenditure of £141,074. Per the trustees' report, the charity holds total funds of £248,293, comprising £57,328 in unrestricted reserves and £190,965 in restricted funds. The trustees confirm the charity remains in a sound financial position and continues to operate on a going concern basis. Its FY2024 accounts were independently examined.
Who funds CANOLFAN PENTRE CIO?
Funders whose own accounts filings name CANOLFAN PENTRE CIO as a grant recipient include MOONDANCE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOONDANCE FOUNDATION | FY2022 | £76k | Causes in Wales |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/12/2022 | £49k | UKP Cost of Living Warm and Well Project |
| The National Lottery Community Fund | 16/07/2020 | £21k | Covid-19 Lunch club |
| The National Lottery Community Fund | 25/03/2020 | £186k | Safe Space Project |
| The National Lottery Community Fund | 24/06/2019 | £10k | Outside therapy space. Sessional payment |
| The National Lottery Community Fund | 23/04/2018 | £9k | Upgrade toilets and main doors |