Y CWMNI SIARAD / THE TALKING COMPANY
The prevention or relief of mental distress for the public benefit of people living in Wales in particular but not exclusively by the provision of evidence based, accessible psychological therapies, counselling and support services.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of a deficit of £35,182 for the year ended 31 March 2025. Per the trustees' report, unrestricted reserves stood at £20,877, which is below the stated policy target of six months of committed expenditure. The independent examiner noted that future funding remains insecure due to economic uncertainty, though the trustees remain satisfied the charity can operate for at least 12 months.
What the accounts disclose
“At the end of the period £20,877 was held as unrestricted reserves which is approximately 2 months.”
“Although the charity's position at the year ended 31 March 2025 shows reasonable free reserves, we draw your attention to the trustees’ explanation that future funding remains insecure due to economic uncertainty and of the actions they have and intend to take, as included in the achievements and performance section of the trustees’ report and also the going concern policy note.” — page 9
“During the prior year, one trustee was paid £1,860 for Clinical Supervision to cover staff shortages. This was approved by the board. There were no related party transactions this year requiring disclosure.” — page 12
Trustees
- Claire Charlton
- Joanna Wade Evans
- Lee Parfitt
- Michelle Hurley-Tyres
- Nia Pritchard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £92k | £127k |
| 31/03/2024 | £142k | £123k |
| 31/03/2023 | £113k | £121k |
| 31/03/2022 | £63k | £113k |
| 31/03/2021 | £124k | £89k |
Common questions
Is Y CWMNI SIARAD / THE TALKING COMPANY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of a deficit of £35,182 for the year ended 31 March 2025. Per the trustees' report, unrestricted reserves stood at £20,877, which is below the stated policy target of six months of committed expenditure. The independent examiner noted that future funding remains insecure due to economic uncertainty, though the trustees remain satisfied the charity can operate for at least 12 months. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 30/06/2025 | £25k | Unrestricted Funding |
| Postcode Lottery | 30/06/2023 | £20k | Unrestricted Funding |
| The National Lottery Community Fund | 24/05/2018 | £217k | Low Cost Counselling Project |