CYLCH MEITHRIN GLYN CEIRIOG
Cylch Meithrin Glyn Ceiriog operates a pre-school setting and After School Club provision for the benefit of the Ceiriog Valley.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit for the year, primarily driven by staff costs and reduced income from child placements. To manage this, the trustees actively approved the use of reserves to cover operational costs, indicating a reliance on existing funds to sustain activities. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts.
What the accounts disclose
“The key financial risk this year was the planned use of reserves to cover operational costs, which was actively managed and approved by the board.”
Trustees
- Hannah Hugheschair
- Adrian Pettet Leslie
- Katie Marcham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £51k | £65k |
| 31/03/2024 | £72k | £61k |
| 31/03/2023 | £57k | £62k |
| 31/03/2022 | £58k | £49k |
Common questions
Is CYLCH MEITHRIN GLYN CEIRIOG financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit for the year, primarily driven by staff costs and reduced income from child placements. To manage this, the trustees actively approved the use of reserves to cover operational costs, indicating a reliance on existing funds to sustain activities. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts. Its FY2025 accounts were independently examined.