CYLCH MEITHRIN MAES Y MORFA
Provision of early years' childcare through the medium of Welsh.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £1,152 for the year ended 31 March 2025, resulting in total unrestricted funds of £43,215. The trustees confirm that the charity operates on a non-profit basis with no reserves policy, spending any excess income on necessary resources. The independent examiner confirmed that no material matters were identified during the examination of the accounts.
What the accounts disclose
“we have no reserves, if there is any excess income it's spent on resources needed.” — page 3
Trustees
- Gary Richard Farleigh
- Kathleen Farleigh
- Katy Thomas
- Lisamarie Bracey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £88k | £87k |
| 31/03/2024 | £78k | £68k |
| 31/03/2023 | £21k | £12k |
| 31/03/2022 | £36k | £28k |
Common questions
Is CYLCH MEITHRIN MAES Y MORFA financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £1,152 for the year ended 31 March 2025, resulting in total unrestricted funds of £43,215. The trustees confirm that the charity operates on a non-profit basis with no reserves policy, spending any excess income on necessary resources. The independent examiner confirmed that no material matters were identified during the examination of the accounts. Its FY2025 accounts were independently examined.