Charity Accounts Intelreading the accounts so you don’t have to

BOOMERANG CARDIFF

Registered charity 1172898 · accounts filings on the Charity Commission register

Boomerang Cardiff has been an ongoing project since our inception in 2017. Under the umbrella of our organisation we have 5 key areas.Homelessness/Prevention of homelessness In Work PovertySocial Isolation/LonelinessCommunity Engagement/EducationHealth/Physical Wellbeing

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Amateur Sport · website · Get email alerts

Latest income
£595k
Latest spending
£573k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £38,525 against a policy target of one to three months' expenditure, which the trustees consider adequate. The charity reported a net income surplus of £23,632 for the year, driven by diverse income streams including donations and trading activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between one and three month's expenditure (held: £39k)
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at an adequate level equivalent to between one and three month's expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — Boomerang Cardiff (matched by registered charity number).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£597k
Total spending
£573k
Cost of raising funds
£199k
Reserves (reported)
£39k
Employees
18

Reported reserves equal ~0.8 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (47% 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: 33.3% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£595k£573k
31/12/2023£703k£627k
31/12/2022£746k£549k
31/12/2021£622k£409k
31/12/2020£300k£301k

Common questions

Is BOOMERANG CARDIFF financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £38,525 against a policy target of one to three months' expenditure, which the trustees consider adequate. The charity reported a net income surplus of £23,632 for the year, driven by diverse income streams including donations and trading activities. Its FY2024 accounts were independently examined.

Who funds BOOMERANG CARDIFF?

Funders whose own accounts filings name BOOMERANG CARDIFF as a grant recipient include MOONDANCE FOUNDATION, THE OAKDALE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
MOONDANCE FOUNDATIONFY2023£46k
MOONDANCE FOUNDATIONFY2022£30kCauses in Wales
THE OAKDALE TRUSTFY2023£500

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund11/02/2025£14kAccessibility For All
The National Lottery Community Fund25/11/2021£293kEmpowering communities