FRIENDS OF COED GWILYM PARK

Registered charity 1182299 · accounts filings on the Charity Commission register

Our objective is to improve the facilities at Coed Gwilym Park, Clydach , Swansea SA6 5NS. We will do this with donations received from local individuals , local businesses and running local events. We will also be applying for grants from various sources such as the Community Lottery Fund, Mynydd Y Gwair Wind Farm, Garfield Weston Foundation, Landfill Tax , Co Op Group, Tesco and others.

Causes: Recreation · website · Get email alerts

Latest income
£596k
Latest spending
£348k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net incoming resource of £248,398 for the year ended 31 December 2024, resulting in total funds of £258,616. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity maintains unrestricted and restricted funds to meet its charitable objectives and financial commitments.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

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

Total income
£596k
Total spending
£348k
Cost of raising funds
£74k
Reserves (reported)
£0
Employees
2

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

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

Operates in: City Of Swansea

Income and spending

Financial year endIncomeSpending
31/12/2024£596k£348k
31/12/2023£213k£201k
31/12/2022£244k£345k
31/12/2021£102k£9k
31/12/2020£12k£41k

Common questions

Is FRIENDS OF COED GWILYM PARK financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £248,398 for the year ended 31 December 2024, resulting in total funds of £258,616. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity maintains unrestricted and restricted funds to meet its charitable objectives and financial commitments. Its FY2024 accounts were independently examined.