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.
Objects
SUCH CHARITABLE PURPOSES OF THE NATURE DESCRIBED IN THE FIRST SCHEDULE TO THE SCHEME AS THE COUNCIL MAY FROM TIME TO TIME THINK FIT (SEE PARAS 1-13).
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
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.