CARDIFF FURTHER EDUCATION TRUST FUND
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £130,594.94 from investment earnings, with total unrestricted funds carried forward amounting to £2,084,171.09. The charity holds significant fixed assets valued at £6,710,000, primarily land and buildings held for charitable purposes that do not generate income. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records.
What the accounts disclose
“The sole trustee of this charity is the County Council of the City and County of Cardiff. The Council provides administrative support to the charity and, in 2024/25, charged £0.00. It also provides a loan facility to the Trust, which pays interest at the 7 day London inter-bank Bid Rate (LIBID). Interest of £69,641.70 was earned from this loan in 2024/25.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £205k | £75k |
| 31/03/2024 | £197k | £35k |
| 31/03/2023 | £157k | £18k |
| 31/03/2022 | £114k | £32k |
| 31/03/2021 | £119k | £100k |
Common questions
Is CARDIFF FURTHER EDUCATION TRUST FUND financially healthy?
The accounts state that the charity generated a net income of £130,594.94 from investment earnings, with total unrestricted funds carried forward amounting to £2,084,171.09. The charity holds significant fixed assets valued at £6,710,000, primarily land and buildings held for charitable purposes that do not generate income. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records. Its FY2025 accounts were independently examined.