THE LLANGIWG TRUST
Ensuring that the former Llangiwg Church, a heritage site, remains accessible to the general public on a regular basis by opening the building for tours and visits, and by making it available to anyone as a 'peaceful space' for meditation/quiet time sessions.Developing a programme of talks and lectures about all aspects of Llangiwg and its environs, along with accompanying educational material.
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash funds stood at £7,485 at year-end, though £5,800 of this amount was a supporter's loan due for repayment in 2025. The trustees' policy is to hold reserves covering six months of running costs, a target not currently met given the net unrestricted reserves of £1,685 (£7,485 less the £5,800 loan).
What the accounts disclose
“Trustees aim to achieve a level of reserves that covers six months' running costs in the event of loss of income and any unforeseen expenditure”
“Donations – J Williams – roof repair” — page 7
“Donations – E Toye – general” — page 7
“Donations – J Williams – roof repair” — page 7
“Donations – E Toye – general” — page 7
“Donations – J Williams – roof repair” — page 7
“Donations – E Toye – general” — page 7
“Donations – J Williams – roof repair” — page 7
“Donations – E Toye – general” — page 7
Property (HM Land Registry)
Trustees
- Julie Diane Butlerchair
- Esther Toye
- Johanna Lukas
- John Harvey Williams
- Meiriona Davies
- Ruth Littler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £29k | £24k |
| 31/12/2023 | £3k | £830 |
| 31/12/2022 | £6k | £6k |
| 31/12/2021 | £573 | £278 |
| 31/12/2020 | £1k | £778 |
Common questions
Is THE LLANGIWG TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash funds stood at £7,485 at year-end, though £5,800 of this amount was a supporter's loan due for repayment in 2025. The trustees' policy is to hold reserves covering six months of running costs, a target not currently met given the net unrestricted reserves of £1,685 (£7,485 less the £5,800 loan).