THE CAMBRIAN COAST EVANGELICAL TRUST
Provision of accommodation for Scripture Union mission teams in Abersoch and Nefyn; support of other Christian activities in the Llyn peninsula.
Financial health, per its FY2025 accounts
The accounts state that unrestricted cash reserves of £46,428 exceeded the trustees' policy target of £12,000, ensuring the charity could continue to operate. The charity reported a net movement in funds of £9,787, resulting from income increasing to £53,949 while expenditure decreased to £44,162. The trustees confirmed that the charity is complying with its reserves policy and have resources adequate for current operations.
What the accounts disclose
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £12,000 (which equates to about 12 months' of unrestricted expenditure)” — page 4
“Sarah Gager who is related to Anne Gager, a Trustee, was paid a fee of £1,125 (2024: £675) for managing the lettings of the properties. The fee includes an accrued expense of £225 owed to Sarah for the year ended 31 May 2024. No expenses or other payments were paid to any of the trustees other than the reimbursement of expenses incurred on behalf of the charity.” — page 9
Trustees
- Helen Margaret Franklinchair
- DAVID MARTYN CUNDY
- Dr JOANNE HOPKINS
- GRACE BROADHURST
- Jeremy Charles Wilsdon
- MRS ANNE GAGER
- MRS TASHA INGLIS
- MS BILLIE THAW
- Peter John Gowers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £54k | £44k |
| 31/05/2024 | £46k | £62k |
| 31/05/2023 | £65k | £40k |
| 31/05/2022 | £39k | £38k |
| 31/05/2021 | £34k | £34k |
Common questions
Is THE CAMBRIAN COAST EVANGELICAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted cash reserves of £46,428 exceeded the trustees' policy target of £12,000, ensuring the charity could continue to operate. The charity reported a net movement in funds of £9,787, resulting from income increasing to £53,949 while expenditure decreased to £44,162. The trustees confirmed that the charity is complying with its reserves policy and have resources adequate for current operations. Its FY2025 accounts were independently examined.