THE CYFARTHFA FOUNDATION

Registered charity 1199025 · accounts filings on the Charity Commission register

To transform Cyfarthfa Castle and Park at Merthyr Tydfil - a crucible of the industrial revolution - into a cultural centre and visitor attraction of international quality, to heal and enhance its natural environment and to be an engine of social renewal.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£455k
Latest spending
£476k
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £21,105 for the year, with total income of £454,510 against charitable expenditure of £475,615. Per the trustees' report, the charity relies heavily on grant funding, specifically from the Welsh Government and the UK Shared Prosperity Fund, to cover its operations and development costs. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.

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: £24; policy: three months’ charitable expenditure)
“The Foundation’s Reserves Policy is to ensure that reserves are maintained at a level of at least three months’ charitable expenditure.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

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

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2024)

Total income
£546k
Total spending
£592k
Reserves (reported)
£24
Employees
4

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Merthyr Tydfil

Income and spending

Financial year endIncomeSpending
31/03/2025£455k£476k
31/03/2024£546k£592k
31/03/2023£367k£183k
31/03/2022£75k£62k

Common questions

Is THE CYFARTHFA FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £21,105 for the year, with total income of £454,510 against charitable expenditure of £475,615. Per the trustees' report, the charity relies heavily on grant funding, specifically from the Welsh Government and the UK Shared Prosperity Fund, to cover its operations and development costs. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.