PENYBANC WELFARE ASSOCIATION
To provide a recreation ground and welfare amenities for the benefit of the inhabitants of the area of benefit without distinction of political, religious or other opinions with the object of improving the conditions of life for the said inhabitants (in particular but not exclusively, such of the said inhabitants as are members of the mining community).
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £69,269 for the year ended 31 March 2025, driven primarily by a £68,970 grant from Carmarthenshire County Council. Total unrestricted reserves stood at £119,554, which is below the trustees' stated policy target of maintaining six months of anticipated administration and support costs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the trustees to maintain unrestricted funds which are the free reserves of the charity, at a level to provide sufficient funds to cover anticipated administration and support costs for a period of six months.” — page 7
Trustees
- Avril Williams
- DAVID MICHAEL MORGAN
- DELYTH ELIZABETH EVANS
- HOWARD JONES
- KATHRYN ELIZABETH MORGAN
- Mary Elaine Davies
- SHIRLEY JONES
- Sian Marie Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £79k | £10k |
| 31/03/2024 | £23k | £27k |
| 31/03/2023 | £9k | £10k |
| 31/03/2022 | £7k | £6k |
| 31/03/2021 | £11k | £2k |
Common questions
Is PENYBANC WELFARE ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £69,269 for the year ended 31 March 2025, driven primarily by a £68,970 grant from Carmarthenshire County Council. Total unrestricted reserves stood at £119,554, which is below the trustees' stated policy target of maintaining six months of anticipated administration and support costs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds PENYBANC WELFARE ASSOCIATION?
Funders whose own accounts filings name PENYBANC WELFARE ASSOCIATION as a grant recipient include SOUTH WALES MINERS WELFARE TRUST FUND SCHEME.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SOUTH WALES MINERS WELFARE TRUST FUND SCHEME | FY2022 | £1k | Grants to Miners' Welfare Halls and Community Projects |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/03/2012 | £5k | Penybanc Welfare Hall |