Cylch Meithrin Tycroes

Analysis

Cylch Meithrin Tycroes is a registered charity in England and Wales, based in Rhydaman. It was registered in January 2019, 7 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable incorporated organisation (CIO). It says it provides services.

In the financial year ending March 2024, Cylch Meithrin Tycroes reported income of £39k and spending of £39k, spending 100% of its income. Across the 4 years on record, from March 2021 to March 2024, income grew from £19k to £39k (+111%), an average of +28% a year. The sharpest change came in the year to March 2022, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Cylch Meithrin Tycroes sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in England and Wales with reported income it ranks in the 57th percentile. Charities of a similar size with the same main cause include St Vincent's School Parents and Friends Association (£39k), Agrifood Charities Partnership (£39k) and Friends of Cranborne (£39k).

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.