LITTLE LOUNGE
Little Lounge exists to;1) help children and young people through recreational and leisure time activities and by providing support and activities which develop their skills, capacities and capabilities.2) benefit inhabitants of Cilfynydd (RCT) and the surrounding area.
Financial health, per its FY2025 accounts
The accounts state that the charity made an operational unrestricted surplus before transfers of £116 for the year ended 31 March 2025, compared to a surplus of £13,124 in the prior year. Per the trustees' report, the charity had £17,574 in free reserves at year end and confirmed it is able to pay its liabilities as they fall due with no identified cash flow pinch points.
What the accounts disclose
“The trustees decided to revise the previous reserves policy and agreed it is appropriate for the new policy to be for the charity to maintain a small financial reserve, approximately equivalent to the normal, predictable outgoings of three months.” — page 5
Property (HM Land Registry)
Trustees
- Suzanne Dawn Spoonerchair
- Elizabeth Joy Comissiong
- Helen May Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £48k | £65k |
| 31/03/2024 | £115k | £61k |
| 31/03/2023 | £127k | £73k |
| 31/03/2022 | £77k | £43k |
| 31/03/2021 | £40k | £15k |
Common questions
Is LITTLE LOUNGE financially healthy?
Per its FY2025 accounts: The accounts state that the charity made an operational unrestricted surplus before transfers of £116 for the year ended 31 March 2025, compared to a surplus of £13,124 in the prior year. Per the trustees' report, the charity had £17,574 in free reserves at year end and confirmed it is able to pay its liabilities as they fall due with no identified cash flow pinch points. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/11/2020 | £7k | COVID 19 Little Lounge Outdoor Adventures |
| The National Lottery Community Fund | 19/07/2019 | £12k | Little Lounge Community Play Café Development Pontypridd |