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CYLCH MEITHRIN FFAIRFACH

Registered charity 1194106 · accounts filings on the Charity Commission register

Cylch Meithrin Ffairfach provides childcare through the Medium of Welsh for children aged 2-3 years old.

Causes: Education/training · Get email alerts

Latest income
£38k
Latest spending
£37k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds minimal reserves of £2,579.02, which the trustees note is insufficient and has been depleted over the last year. The financial position is described as dependent on increasing the number of children attending to generate higher income, with risks identified as fluctuating attendance and changes in local authority contracts.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £3k)
“The Cylch holds minimal reserves and we are looking to increase in order to create a buffer.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Cylch does not have a huge amount in reserve and has had to use it’e reserve over the las year but we are hoping that the number of children attending will increase resulting in a higher income.”
Per its FY2025 accounts as filed with the Charity Commission.

Discloses 2 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Carmarthenshire

Income and spending

Financial year endIncomeSpending
31/03/2025£38k£37k
31/03/2024£34k£31k
31/03/2023£32k£30k
31/03/2022£25k£27k

Common questions

Is CYLCH MEITHRIN FFAIRFACH financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds minimal reserves of £2,579.02, which the trustees note is insufficient and has been depleted over the last year. The financial position is described as dependent on increasing the number of children attending to generate higher income, with risks identified as fluctuating attendance and changes in local authority contracts.