THE MACHYNLLETH TABERNACLE TRUST
ARTS CENTRE
Objects
(A) TO ACQUIRE AND PRESERVE FOR THE PUBLIC BENEFIT ANY BUILDINGS AND LAND IN WALES WHICH ARE OF HISTORICAL OR ARCHITECTRUAL INTEREST OF ARE PLACES OF NATURAL BEAUTY AND MORE PARTICULARLY TO PRESERVE THE FORMER METHODIST CHAPEL AT MACHYNLLETH IN THE COUNTY OF POWYS AND KNOWN AS THE MACHYNLLETH TABERNACLE. (B) TO ACQUIRE AND PRESERVE FOR THE PUBLIC BENEFIT ANY PICTURES STATUES FURNITURE BOOKS AND OTHER CHATTELS BEING OF HISTORIC OR ARTISTIC INTEREST. (C) TO ADVANCE THE AESTHETIC EDUCATION OF THE PUBLIC IN THE ARTS BY ORGANISING PRESENTING AND PROMOTING EXHIBTIONS PLAYS OPERAS FILMS CONCERT AND OTHER SIMILAR ACTIVITIES; AND (D) THE ADVANCEMENT OF EDUCATION OF THE PUBLIC IN THE STUDY USE AND APPRECIATION OF THE WELSH LANGUAGE AND CULTURE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £19,678 for the year, resulting in a decrease in total funds from £2,530,539 to £2,510,861. The trustees note that while resources are adequate for the foreseeable future, funding is primarily dependent on significant voluntary donations. The charity holds substantial unrestricted reserves of £519,465 alongside restricted and endowment funds.
What the accounts disclose
“After making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, although funding is primarily dependent on significant voluntary donations. For this reason they continue to adopt the going concern basis in preparing the financial statements.” — page 4
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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Dennis Brace JOnes
- Eirlys Stoddard
- Heledd Mair Wyn Hardy
- PHILIP STEPHEN OWEN LAMBERT
- SARAH ELIZABETH MARSHALL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £379k | £398k |
| 31/03/2024 | £417k | £423k |
| 31/03/2023 | £403k | £405k |
| 31/03/2022 | £298k | £336k |
| 31/03/2021 | £352k | £251k |
Common questions
Is THE MACHYNLLETH TABERNACLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £19,678 for the year, resulting in a decrease in total funds from £2,530,539 to £2,510,861. The trustees note that while resources are adequate for the foreseeable future, funding is primarily dependent on significant voluntary donations. The charity holds substantial unrestricted reserves of £519,465 alongside restricted and endowment funds. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 22/10/2007 | £25k | "The Machynlleth Tabernacle Trust Old Tannery Conversion" |
| The National Lottery Heritage Fund | 10/12/2001 | £340k | "Royal House, Machynlleth - Restoration" |