CYLCH MEITHRIN PORTHMADOG

Registered charity 1193137 · accounts filings on the Charity Commission register

Cylch Meithrin Porthmadog provides early years education and development to young children through the medium of welsh.

Objects

AMCANION Y GYMDEITHAS YW HYRWYDDO ADDYSG PLANT DAN OED YSGOL YN PORTHMADOG TRWY GYFRWNG YR IAITH GYMRAEG - TO ADVANCE THE EDUCATION OF PRE-SCHOOL CHILDREN THROUGH THE MEDIUM OF WELSH LANGUAGE WITHIN THE PORTHMADOG AREA.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income
£87k
Latest spending
£89k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £2,572 for the year, resulting in unrestricted funds decreasing from £29,412 to £26,840. The trustees confirm that reserves have been maintained at a level equivalent to between three and six months' expenditure, consistent with their stated policy. The charity operates a defined contribution pension scheme and had no material debt during the year.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 0.0% of fundraised income, as disclosed
“There were no employees whose annual remuneration was more than £60,000.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: between three and six month’s expenditure (held: £27k)
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Gwynedd

Income and spending

Financial year endIncomeSpending
30/03/2025£87k£89k
30/03/2024£79k£86k
30/03/2023£64k£50k
30/03/2022£48k£45k

Common questions

Is CYLCH MEITHRIN PORTHMADOG financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £2,572 for the year, resulting in unrestricted funds decreasing from £29,412 to £26,840. The trustees confirm that reserves have been maintained at a level equivalent to between three and six months' expenditure, consistent with their stated policy. The charity operates a defined contribution pension scheme and had no material debt during the year. Its FY2025 accounts were independently examined.