CYFLE BUILDING SKILLS LIMITED
Latest income
£2.6m
Latest spending
£2.5m
Registered
2016
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £41,515 for the year ended 31 August 2023, resulting in free reserves of £616,555. The trustees report that the charity is reliant on contributions from employers, noting that a significant drop in such funding would make going concern an issue.
What the accounts disclose
Reserves policy: ensure there are enough funds to cover designated closure costs, which include staff redundancy costs and any outstanding amounts owing at the year end (held: £617k)
“The Board has set the reserves policy to ensure there are enough funds to cover designated closure costs, which include staff redundancy costs and any outstanding amounts owing at the year end.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The charity is reliant on contributions from employers and a significant drop would make going concern an issue.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/08/2025)
Total income
£2.6m
Total spending
£2.5m
Reserves (reported)
£0
Employees
113
Trustees
- ANTHONY RHYS THOMAS
- KENNETH HARTLEY PEARSON
- OWAIN JONES
- WILLIAM JAMES DAVIES
- William Gareth John
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.6m | £2.5m |
| 31/08/2024 | £2.4m | £2.4m |
| 31/08/2023 | £2.3m | £2.2m |
| 31/08/2022 | £1.9m | £1.6m |
| 31/08/2021 | £1.4m | £1.4m |
Common questions
Is CYFLE BUILDING SKILLS LIMITED financially healthy?
The accounts state that the charity generated a net income of £41,515 for the year ended 31 August 2023, resulting in free reserves of £616,555. The trustees report that the charity is reliant on contributions from employers, noting that a significant drop in such funding would make going concern an issue. Its FY2025 accounts were audited by Bevan Buckland LLP.