THE FFORESTFACH WELFARE TRUST
GENERATION OF RENTAL & INVESTMENT INCOME FOR DISTRIBUTION TO RELEVANT RECIPIENTS UNDER THE TERMS OF THE TRUST DEED, TO ASSIST RELEVANT GROUPS/INDIVIDUALS WHERE REQUIRED.
Objects
FOR CHARITABLE PURPOSES FOR THE GENERAL BENEFITS OF THE INHABITANTS OF THE CITY OF SWANSEA (WHATEVER ITS AREA FOR THE TIME BEING) AND IN PARTICULAR FOR THE AREA OF FFORESTFACH SITUATE IN THE SAID CITY OF SWANSEA AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR DISCRETION DETERMINE.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus for the year ended 31 December 2024, with total gross income exceeding total gross expenditure. The balance sheet shows net current assets of £59,618 and a total surplus account balance of £668,220, indicating positive unrestricted reserves. The trustees approved the accounts on 29 April 2026, noting the charity is exempt from audit under the Charities Act 2011.
What the accounts disclose
“Rent of Welfare Hall” — page 5
Policies the charity declares
- Complaints policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- COUNCILLOR CHRIS HOLLEYchair
- BERNARD ASHFORD
- CYRIL BAKER
- Dallas Baker
- KAREN MILLS
- PHYLLIS ANN DUNCAN
- ROBERT GLYN SAVAGE
- Samantha Lloyd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27k | £21k |
| 31/12/2023 | £29k | £31k |
| 31/12/2022 | £28k | £32k |
| 31/12/2021 | £27k | £25k |
| 31/12/2020 | £11k | £9k |
Common questions
Is THE FFORESTFACH WELFARE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus for the year ended 31 December 2024, with total gross income exceeding total gross expenditure. The balance sheet shows net current assets of £59,618 and a total surplus account balance of £668,220, indicating positive unrestricted reserves. The trustees approved the accounts on 29 April 2026, noting the charity is exempt from audit under the Charities Act 2011. Its FY2024 accounts were independently examined.