MONTGOMERYSHIRE COMMUNITY REGENERATION ASSOCIATION CYMDEITHAS ADFYWIO CYMUNEDOL MALDWYN
The Charity operates Plas Dolerw as a Voluntary Sector Centre and organises an annual lecture to discuss issues of concern in Montgomeryshire. The Charity also owns Oriel Davies Gallery, which is leased to a separate charity. Exhibitions and arts education courses are provided there for the benefit of the people of mid Wales.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £13,902 for the year ended 31 March 2025, with total reserves standing at £815,243. Per the trustees' report, unrestricted free reserves of £155,899 were held, which is in accordance with the reserves policy of covering at least 9 months of running costs. The charity maintains investments with CCLA Investment Management Ltd and operates a defined contribution pension scheme.
What the accounts disclose
“The Trustees of MCRA consider that unrestricted funds not committed or invested in tangible or intangible fixed assets (i.e. free reserves) held by the Charity, should be sufficient to cover the turnover of the organisation for a period of not less than 9 months.” — page 8
“Dr Janet Lewis is a trustee of the Gwendoline and Margaret Davies Charity who have provided grant support to the charity in the year as disclosed in note 2.” — page 28
Trustees
- Dr JANET DIANA LEWIS ACSS
- Dr John Glyn Hughes
- Eldrydd Lamp
- GWYNDAF JAMES
- JAMES EDWARD CHRISTOPHER TOMLEY
- JOHN BENJAMIN EVANS
- JULIE ALISON TURNER
- MR MICHAEL JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £58k | £70k |
| 31/03/2024 | £64k | £141k |
| 31/03/2023 | £66k | £143k |
| 31/03/2022 | £71k | £170k |
| 31/03/2021 | £124k | £138k |
Common questions
Is MONTGOMERYSHIRE COMMUNITY REGENERATION ASSOCIATION CYMDEITHAS ADFYWIO CYMUNEDOL MALDWYN financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £13,902 for the year ended 31 March 2025, with total reserves standing at £815,243. Per the trustees' report, unrestricted free reserves of £155,899 were held, which is in accordance with the reserves policy of covering at least 9 months of running costs. The charity maintains investments with CCLA Investment Management Ltd and operates a defined contribution pension scheme. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/01/2010 | £3k | Purchase of an Interactive Whiteboard and Accessories |