CYLCH MEITHRIN Y GRAIG
Children's play group
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £39,378.65 at the end of the period, resulting in an excess of income over expenditure of £14,660.27. The trustees describe the financial position as strong and note that reserves are held to cover three months of staff salaries and potential market rent. No material uncertainties or risks to continuing as a going concern were disclosed.
What the accounts disclose
“Our reserves policy suggests that we hold enough reserves to cover staff salaries for three months in the event of sudden closure. It also suggests we hold enough reserves to cover paying market rent should we be required to move premises.”
Trustees
- LYDIA Fairechair
- Ceri Lewis
- Claire Farragher
- Jennifer Wiltshire
- Jodie Rogers
- Martha Roberts
- Rosie Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £82k | £68k |
| 31/03/2024 | £65k | £51k |
| 31/03/2023 | £34k | £39k |
| 31/03/2022 | £43k | £35k |
| 31/03/2021 | £30k | £24k |
Common questions
Is CYLCH MEITHRIN Y GRAIG financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £39,378.65 at the end of the period, resulting in an excess of income over expenditure of £14,660.27. The trustees describe the financial position as strong and note that reserves are held to cover three months of staff salaries and potential market rent. No material uncertainties or risks to continuing as a going concern were disclosed.