VALE OF GLAMORGAN WELSH CHURCH FUND
Grants for capital purposes, largely to churches, occasionally to other charitable organisations, for projects within the geographical area of the Council's of the Vale of Glamorgan and Cardiff County Council only.
Financial health, per its FY2025 accounts
The accounts state that the net value of the fund decreased by £83k to £6.426m, primarily due to a reduction in the value of investments. The general unrestricted reserve stood at £166k, which the trustees note equates to 3.69% of the value of investment properties and is held to fund unforeseen maintenance costs and income fluctuations.
What the accounts disclose
“The Trust’s general reserve stood at £166k at year end down only slightly from £167k in 2023/24, this sum equates to 3.69% of the value of the Investment Properties” — page 5
Trustees
- Vale of Glamorgan Council
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £68k | £69k |
| 31/03/2024 | £68k | £45k |
| 31/03/2023 | £57k | £40k |
| 31/03/2022 | £50k | £46k |
| 31/03/2021 | £49k | £41k |
Common questions
Is VALE OF GLAMORGAN WELSH CHURCH FUND financially healthy?
Per its FY2025 accounts: The accounts state that the net value of the fund decreased by £83k to £6.426m, primarily due to a reduction in the value of investments. The general unrestricted reserve stood at £166k, which the trustees note equates to 3.69% of the value of investment properties and is held to fund unforeseen maintenance costs and income fluctuations. Its FY2025 accounts were independently examined.