Swansea MAD
For the prevention of poverty, advancement of social justice and equity; working with people who are marginalised by systemic oppression to dismantle structures which support discrimination. We do this by providing an inclusive safe space for people to access advocacy, creative arts, education, employability support, training, campaigning activities and projects to bring fairness and belonging.
Financial health, per its FY2025 accounts
The accounts state that total funds increased from £100,062 to £102,333, with unrestricted reserves rising to £100,983. The charity's stated reserves policy target is a minimum of three months of unrestricted charitable expenditure. The independent examiner confirmed that accounting records were kept and the accounts comply with applicable regulations, noting no material matters requiring attention.
What the accounts disclose
“Swansea MAD aims to maintain free reserves in unrestricted funds at a level which equates to a minimum of 3 months reserves of unrestricted charitable expenditure.” — page 11
Trustees
- Candice Lloydchair
- ANNA ARRIETA
- Ashleigh Cullen
- Dr Matthew Howell
- Leigh Rowland
- Mymuna Soleman
- Stevie Liane Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £449k | £447k |
| 31/03/2024 | £408k | £404k |
| 31/03/2023 | £329k | £372k |
| 31/03/2022 | £373k | £316k |
| 31/03/2021 | £255k | £176k |
Common questions
Is Swansea MAD financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased from £100,062 to £102,333, with unrestricted reserves rising to £100,983. The charity's stated reserves policy target is a minimum of three months of unrestricted charitable expenditure. The independent examiner confirmed that accounting records were kept and the accounts comply with applicable regulations, noting no material matters requiring attention. Its FY2025 accounts were independently examined.
Who funds Swansea MAD?
Funders whose own accounts filings name Swansea MAD as a grant recipient include THE FORTE CHARITABLE FOUNDATION, THE HOBSON CHARITY LIMITED, THE ENERGY SAVING TRUST FOUNDATION, The Ashley Family Foundation, THE TOY TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 31/03/2025 | £25k | Unrestricted Funding |
| Postcode Lottery | 29/09/2023 | £25k | Unrestricted Funding |
| The National Lottery Heritage Fund | 30/08/2023 | £66k | "Hidden Stories" |
| The National Lottery Community Fund | 13/04/2023 | £9k | WALES COL - Swansea MAD Warm Hub |
| The National Lottery Community Fund | 28/09/2021 | £10k | Our City Our environment! |
| The National Lottery Heritage Fund | 02/11/2020 | £1k | "#15 Swansea Past, Present and Future" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONWIDE FOUNDATION | 1 | £1.9m |
| SANTANDER UK FOUNDATION LIMITED | 1 | £125k |
| TRUST FOR LONDON | 1 | £124k |
| THE WESTMINSTER FOUNDATION | 1 | £94k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £50k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £50k |
| WESTMINSTER AMALGAMATED CHARITY | 1 | £34k |
| THE NISBET TRUST | 1 | £30k |
Charities like this
- SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY
- COMMUNITY AGAINST POVERTY FOUNDATION
- BRIDGING THE GAP (MANCHESTER)
- QED FOUNDATION LIMITED
- HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION
- STAND AGAINST RACISM & INEQUALITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Swansea MAD | £449k | — | 0 | unclear | — | no doubt |
| SWANSEA AND BRECON DIOCESAN BOARD FOR SOCIAL RESPONSIBILITY | £2.3m | — | — | unclear | — | no doubt |
| COMMUNITY AGAINST POVERTY FOUNDATION | £352k | — | 0 | unclear | — | no doubt |
| BRIDGING THE GAP (MANCHESTER) | £185k | — | 0 | unclear | — | no doubt |
| QED FOUNDATION LIMITED | £618k | — | 0 | within | — | no doubt |
| HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION | £199k | — | 0 | unclear | — | no doubt |