CANOLFAN HYFFORDDI COLEG Y BALA
Coleg y Bala is a youth and childrens centre owned by the Presbyterian Church of Wales. The purpose of the college is to arrange courses that follow biblical themes. Every aspect of the work of the college is aimed at encouraging a personal faith in Jesus Christ.
Objects
(1) AMCAN YR ELUSEN YW SEFYDLU CANOLFAN HYFFORDDI GRISTNOGOL I DDARPARU CANOLFAN I BLANT A PHOBL IEUAINC, O GYMRU A'R BYD, EU HYFFORDDWYR, ARWEINWYR A GWEINIDOGION ER MWYN DYSGU A CHYNORTHWYO PLANT A PHOBL IEUANC I DDATBLYGU EY CYNEDDFAU CORFFOROL, MEDDYLIOL AC YSBRYDOL AC I'W GALLUOGI HWY A'U TEULUOEDD I GYRRAEDD AEDDFEDRWYDD LLAWN FEL UNIGOLION AG AELODAU O GYMDEITHAS A CHYFOETHOGI ANSAWDD EU BYWYD HEB WAHANIAETHU AR SAIL CREFYDD, ENWADAETH GREFYDDOL, RHYW, CENEDL NA GALLU.(2) OS, AC I'R GRADDAU NA ELLIR DEFNYDDIO'R EIDDO ER MWYN YR AMCANION UCHOD YNA'R AMCAN FYDD I HYRWYDDO GWAITH CREFYDDOL A GAWITH ELUSENNOL ARALL EGLWYS BRESBYTERAIDD CYMRU.(3) YN AMODOL AR DDARPARIAETHAU CYMAL 24 RHAID I'R TIR A NODIR YN RHAN 1 ATODLEN Y CYNKKUM HWN EI DDAL GAN YR YMDDIRIEDOLWYR ER MWYN AMCANION YR ELUSEN.(1) THE OBJECT OF THE CHARITY IS TO ESTABLISH A CHRISTIAN TRAINING CENTRE TO PROVIDE A CENTRE FOR CHILDREN AND YOUNG PEOPLE FROM WALES AND THE WORLD, THEIR INSTRUCTORS, LEADERS AND MINISTERS WITH THE OBJECT OF EDUCATING AND ASSISTING CHILDREN AND YOUNG PEOPLE TO DEVELOP THEIR PHYSICAL, MENTAL AND SPIRITUAL CAPACITIES AND OF ENABLING THEM AND THEIR FAMILIES TO GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND IMPROVING THEIR CONDITIONS OF LIFE IRRESPECTIVE OF RELIGION, RELIGIOUS DENOMINATION, SEX, NATIONALITY OR ABILITY.(2) IF AND IN SO FAR AS THE PROPERTY CANNOT BE USED FOR THE OBJECTS ABOVE THEN THE OBJECT SHALL BE TO FURTHER THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE PRESBYTERIAN CHURCH OF WALES.(3) SUBJECT TO THE PROVISION OF CLAUSE 24 THE LAND IDENTIFIED IN PART 1 OF THE SCHEDULE TO THIS SCHEME MUST BE RETAINED BY THE TRUSTEES FOR THE OEBJECTS OF THE CHARITY.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £258,374 exceeded one year’s worth of expenditure, satisfying the trustees' policy target of six months' expenditure. The charity reported a net incoming resource of £17,202 for the year, supported by a grant from the Presbyterian Church of Wales which is confirmed until the end of 2026. The trustees are satisfied that the financial position is adequate to meet ongoing requirements.
What the accounts disclose
“The trustees have determined that the unrestricted funds should be at a level to reflect a minimum of six month’ worth of expenditure to ensure the future viability of the College”
“the Presbyterian Church of Wales has awarded a grant of £122,441 (2023: £105,458) for use on both revenue and capital expenditure for the year, £31,000 (2023: £25,000) of this was provided from the Candidates and Training Department of the Presbyterian Church of Wales;” — page 15
“One trustee (2023: two) of the College has an outstanding mortgage and car loan from the Presbyterian Church of Wales of £44,354 (2023: £55,372) at year end. Total interest of £1,583 (2023: £1,763) was payable to the Church in relation to these balances during the year.” — page 15
“the Presbyterian Church of Wales has awarded a grant of £122,441 (2023: £105,458) for use on both revenue and capital expenditure for the year, £31,000 (2023: £25,000) of this was provided from the Candidates and Training Department of the Presbyterian Church of Wales;” — page 15
“One trustee (2023: two) of the College has an outstanding mortgage and car loan from the Presbyterian Church of Wales of £44,354 (2023: £55,372) at year end. Total interest of £1,583 (2023: £1,763) was payable to the Church in relation to these balances during the year.” — page 15
“the Presbyterian Church of Wales has awarded a grant of £122,441 (2023: £105,458) for use on both revenue and capital expenditure for the year, £31,000 (2023: £25,000) of this was provided from the Candidates and Training Department of the Presbyterian Church of Wales;” — page 15
“One trustee (2023: two) of the College has an outstanding mortgage and car loan from the Presbyterian Church of Wales of £44,354 (2023: £55,372) at year end. Total interest of £1,583 (2023: £1,763) was payable to the Church in relation to these balances during the year.” — page 15
“the Presbyterian Church of Wales has awarded a grant of £122,441 (2023: £105,458) for use on both revenue and capital expenditure for the year, £31,000 (2023: £25,000) of this was provided from the Candidates and Training Department of the Presbyterian Church of Wales;” — page 15
“One trustee (2023: two) of the College has an outstanding mortgage and car loan from the Presbyterian Church of Wales of £44,354 (2023: £55,372) at year end. Total interest of £1,583 (2023: £1,763) was payable to the Church in relation to these balances during the year.” — page 15
Policies the charity declares
- Risk management
- Safeguarding vulnerable beneficiaries
Trustees
- Rev Huw Lloyd POWELL-DAVIESchair
- Glenda Elizabeth DAVIES
- HYWEL LLOYD DAVIES
- Hedd Rhys Morgan
- Marian Lloyd Jones
- Parch Emyr Bowen Williams
- Parch Huw Dylan JONES
- Parch Hywel Rhys EDWARDS
- Parch Nan Wyn POWELL-DAVIES
- Parch Rebecca Lalbiaksangi
- Parch Timothy Huw HODGINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £213k | £196k |
| 31/12/2023 | £182k | £182k |
| 31/12/2022 | £188k | £173k |
| 31/12/2021 | £144k | £129k |
| 31/12/2020 | £164k | £146k |
Common questions
Is CANOLFAN HYFFORDDI COLEG Y BALA financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £258,374 exceeded one year’s worth of expenditure, satisfying the trustees' policy target of six months' expenditure. The charity reported a net incoming resource of £17,202 for the year, supported by a grant from the Presbyterian Church of Wales which is confirmed until the end of 2026. The trustees are satisfied that the financial position is adequate to meet ongoing requirements. Its FY2024 accounts were audited by Azets Audit Services.