TREFECA COLLEGE
Coleg Trefeca is the lay training centre of the Presbyterian Church of Wales and provides training for preachers and worship leaders, elders and connexional lay staff.
Objects
THE AREA OF BENEFIT OF THE CHARITY IS WALES AND SUCH OTHER PARTS OF ENGLAND IN WHICHTHE PRESBYTERIAN CHURCH OPERATES
Financial health, per its FY2024 accounts
The accounts state that the charity is being wound down following the establishment of a new Charitable Incorporated Organisation, with assets and liabilities expected to transfer in 2025. Consequently, the financial statements are prepared on a basis other than going concern, although the trustees consider the current financial position and reserves adequate to meet ongoing requirements until the transfer is complete.
What the accounts disclose
“The primary source of income in 2024 was the funds received from course and residential fees of £18,525 (2023: £3,569).” — page 6
“The trustee has determined that unrestricted funds should be at a level to reflect approximately one year’s worth of expenditure to ensure the continued viability of the College in the event of unforeseen circumstances.”
“On this basis the trustees consider the charity’s financial statements should be prepared on a basis other than going concern. Adopting a basis other than going concern has not had any impact on the recognition and measurement of the charity’s assets or liabilities at 31 December 2024. The financial statements do not include any provisions for future costs of terminating the business.” — page 6
“the Presbyterian Church of Wales has awarded a grant of £nil (2023: £nil) to assist with salaries, running costs and capital expenditure during the year.” — page 18
“The college transferred £60,000 (2023: £nil) to the new Trefeca CIO so it could commence charitable activities.” — page 18
“the Presbyterian Church of Wales has awarded a grant of £nil (2023: £nil) to assist with salaries, running costs and capital expenditure during the year.” — page 18
“The college transferred £60,000 (2023: £nil) to the new Trefeca CIO so it could commence charitable activities.” — page 18
“the Presbyterian Church of Wales has awarded a grant of £nil (2023: £nil) to assist with salaries, running costs and capital expenditure during the year.” — page 18
“The college transferred £60,000 (2023: £nil) to the new Trefeca CIO so it could commence charitable activities.” — page 18
“the Presbyterian Church of Wales has awarded a grant of £nil (2023: £nil) to assist with salaries, running costs and capital expenditure during the year.” — page 18
“The college transferred £60,000 (2023: £nil) to the new Trefeca CIO so it could commence charitable activities.” — page 18
Policies the charity declares
- Safeguarding vulnerable beneficiaries
Trustees
- Y PARCHEDIG TREFOR LEWISchair
- Dr William Rhidian Morris Griffiths
- Glynis Mwynwen Owen
- JOANNA THOMAS-WRIGHT
- John Glynog Davies
- Kenneth Ian Hayward
- Parch Nan Wyn POWELL-DAVIES
- Rev JENNY GARRARD
- Rev Nerys Tudor
- Sian Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £29k | £169k |
| 31/12/2023 | £198k | £269k |
| 31/12/2022 | £485k | £107k |
| 31/12/2021 | £107k | £157k |
| 31/12/2020 | £152k | £195k |
Common questions
Is TREFECA COLLEGE financially healthy?
Per its FY2024 accounts: The accounts state that the charity is being wound down following the establishment of a new Charitable Incorporated Organisation, with assets and liabilities expected to transfer in 2025. Consequently, the financial statements are prepared on a basis other than going concern, although the trustees consider the current financial position and reserves adequate to meet ongoing requirements until the transfer is complete. Its FY2024 accounts were audited by Azets Audit Services.