CYLCH MEITHRIN IFOR BACH
Cylch Meithrin Ifor Bach provides pre-school education and care to children aged 2-4 years old through the medium of Welsh. Our aim is to provide every child and family the opportunity to learn new experiences through the medium of Welsh, offering them a sound foundation on their journey to a bilingual education.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £7,026.29 for the year ended 31 March 2025, increasing its total funds to £49,971.36. The trustees' report notes that the charity aims to hold six months' worth of costs in reserve, and the current balance exceeds this target. The document identifies risks such as dropping birth rates and significant rent increases but does not disclose any material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“We aim to have 6 months worth of costs in reserve.”
Trustees
- Daniel Howard Taylor
- Mali Anne Beryl Tipping
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £83k | £76k |
| 31/03/2024 | £57k | £64k |
| 31/03/2023 | £69k | £60k |
| 31/03/2022 | £57k | £43k |
| 31/03/2021 | £50k | £43k |
Common questions
Is CYLCH MEITHRIN IFOR BACH financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £7,026.29 for the year ended 31 March 2025, increasing its total funds to £49,971.36. The trustees' report notes that the charity aims to hold six months' worth of costs in reserve, and the current balance exceeds this target. The document identifies risks such as dropping birth rates and significant rent increases but does not disclose any material uncertainties regarding its ability to continue as a going concern.