THE CYFARTHFA FOUNDATION
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.
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.
What the accounts disclose
“The Foundation’s Reserves Policy is to ensure that reserves are maintained at a level of at least three months’ charitable expenditure.” — page 7
Funders the charity credits
- Welsh Government
- National Heritage Lottery Fund
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- GERAINT TALFAN DAVIES OBEchair
- Alison Copus
- DAVID EWAN JONES
- Dr CAROL BELL
- Dr MARION BEATRICE LOEFFLER PHD
- GEOFFREY NEVIL HUNT
- Lisa Victoria Mytton
- ROBERT RUMMEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.