CITIZENS ADVICE SWANSEA NEATH PORT TALBOT LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £2,003 for the year ended 31 March 2025, with total reserves standing at £862,618. The trustees consider the position reasonable, noting that free unrestricted reserves of £770,916 represent approximately 5.75 months of budgeted expenditure, which aligns with their policy target of maintaining between four and six months' expenditure.
What the accounts disclose
“It is the charity's policy that funds not presently committed or invested in tangible fixed assets should be maintained at the equivalent of a minimum of four and a maximum of six months' expenditure in general unrestricted funds in order for CASNPT to continue to pursue its activities should there be a period of reduced income.” — page 25
“CASNPT is a member of Citizens Advice, the operating name of the National Association of Citizens Advice Bureaux, which provides a framework for standards of advice and casework management as well as monitoring progress against these standards. Operating policies are independently determined by the Trustee Board of CASNPT in order to fulfil its charitable objects and comply with the national membership requirements.” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (01/11/2012)
Trustees
- Sonya Margaret Doughertychair
- Charlotte Davies
- Gemma Louise Monk
- Geoffrey Lee
- Jonathon Hayes
- Kimberley Tariro Mamhende
- Nita Sparkes
- Reginald Jonathan Roberts
- Stephen Mark Jenkins
- Victoria Holland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.4m |
| 31/03/2024 | £1.4m | £1.4m |
| 31/03/2023 | £1.3m | £1.3m |
| 31/03/2022 | £1.3m | £1.1m |
| 31/03/2021 | £1.3m | £1.1m |
Common questions
Is CITIZENS ADVICE SWANSEA NEATH PORT TALBOT LIMITED financially healthy?
The accounts state that the charity reported a net deficit of £2,003 for the year ended 31 March 2025, with total reserves standing at £862,618. The trustees consider the position reasonable, noting that free unrestricted reserves of £770,916 represent approximately 5.75 months of budgeted expenditure, which aligns with their policy target of maintaining between four and six months' expenditure. Its FY2025 accounts were audited by Bevan Buckland LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TRUSSELL TRUST | 1 | £31.5m |
| THE MASTER CHARITABLE TRUST | 1 | £1.2m |
| WORCESTER MUNICIPAL CHARITIES (CIO) | 1 | £579k |
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £262k |
| THE NATIONWIDE FOUNDATION | 1 | £202k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE HEALTH FOUNDATION | 1 | £164k |
| LONDON LEGAL SUPPORT TRUST | 1 | £106k |