Cefnogi
To prevent and relieve financial hardship for the public benefit of persons in conditions of need or hardship in Ammanford, Carmarthenshire and other parts of the United Kingdom, as the Trustees may from time to time think fit, by the provision of poverty-preventing endeavours and to provide such services with a Christian ethos, supported by churches in Ammanford and the surrounding regions.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £48,382 for the year ended 31 March 2025, with total unrestricted net assets of £148,349. Per the trustees' report, the charity holds unrestricted cash of £132,130, which significantly exceeds its stated reserves policy target of £30,100.
What the accounts disclose
“the charity should aim to hold unrestricted cash of no less than £30,100 (which equates to about 3 months of expenditure)”
“received grants or donations in kind totalling £592 (2024: £2,816) from Ammanford Evangelical Church (registered charity number 1088525), with whom the charity shares a trustee and is considered to be a related party.” — page 19
Trustees
- DAVID SAMUEL DAVIESchair
- Bethan Eluned Perry
- Ceri Bethan Darcy
- David Mydrim Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £243k | £195k |
| 31/03/2024 | £129k | £87k |
| 31/03/2023 | £94k | £63k |
| 31/03/2022 | £121k | £40k |
Common questions
Is Cefnogi financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £48,382 for the year ended 31 March 2025, with total unrestricted net assets of £148,349. Per the trustees' report, the charity holds unrestricted cash of £132,130, which significantly exceeds its stated reserves policy target of £30,100. Its FY2025 accounts were independently examined.