Finance Score: 5

Governance Score: 3

Support Score: 8

Positive trading contribution: +2;Good reserves management: +3

Good trustee age range: +3

Overall weighted support: +8

Overall GiG Score: 16

PROMO - CYMRU

To promote youth co-operation development within the field of cultural enterprise

Analysis by Giving is Great

Positives:

More than half of total income was derived from trading and fees in the latest year
Reserves management has been consistently within official guidelines
Spending has increased over the last 3 years relative to the previous period
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age
This charity is based in an area of high deprivation

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£1,471	£1,386	£85	£0	£1,511	£434	3.8	29	0
31/03/22		£1,244	£1,067	£177	£0	£1,495	£477	5.4	33	1
31/03/21		£1,216	£953	£264	£0	£1,268	£315	4	30	0
31/03/20		£994	£978	£16	£0	£1,054	£319	3.9	28	0
31/03/19		£821	£912	£-92	£0	£1,038	£271	3.6	1	2
31/03/18		£1,047	£1,076	£-29	£0	£1,130	£351	3.9	18	0
31/03/17		£1,202	£1,212	£-11	£0	£1,159	£346	3.4	10	0
31/03/16		£1,574	£1,579	£-5	£0	£1,170	£332	2.5	13	0
31/03/15	*	£1,432	£1,486	£-53	£6	£1,139	£264	2.1	36	0
31/03/14		£1,756	£1,467	£289	£6	£1,181	£273	2.2	32	0
31/03/13		£2,134	£1,578	£556	£6	£938	£175	1.3	31	0
31/03/12	*	£1,569	£1,503	£66	£6	£383	£71	0.6	33	0
31/03/11	*	£1,290	£1,345	£-55	£5	£293	£8	0.1	30	0
31/03/10		£786	£744	£43	£4	£371	£46	0.7	23	0
31/03/09		£473	£185	£288	n/a	n/a	n/a	n/a	n/a	n/a
31/03/08		£184	£231	£-47	n/a	n/a	n/a	n/a	n/a	n/a
31/03/07	*	£236	£241	£-5	n/a	n/a	n/a	n/a	n/a	n/a
31/03/06	*	£407	£407	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	*	£388	£377	£10	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04		£415	£415	£0	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 15%
Liabilities/Income: 18%
Unrestricted Funds/Total Funds: 29%
Reserves/Spending: 3.8 months
Net Current Assets/Spending: 3 months
Quick Ratio: 6.1

Asset Split ?

Balance Sheet History

Established: 22 years
(40 years as a company)

www.promo.cymru

info@promo.cymru

02920462222

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Disability
Economic/Community Development/Employment
Education/Training
The Prevention Or Relief Of Poverty

GiG Classification

Mentoring and leadership support

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Throughout England And Wales,

This charity is based in an area of high deprivation

Who it helps

Children/Young People
People Of A Particular Ethnic Or Racial Origin
People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Third Sector Digital Support
£499,095	30/06/2022 36	ProMo Cymru Ltd will improve how the third sector in Wales uses digital resources using co-production methodology. They will work with the WCVA to ensure good practice is shared across the sector and with the UK Catalyst to share existing learning ....more ProMo Cymru Ltd will improve how the third sector in Wales uses digital resources using co-production methodology. They will work with the WCVA to ensure good practice is shared across the sector and with the UK Catalyst to share existing learning resulting in better and more co-produced digital services. Over three years £499095 will fund salaries project delivery overheads and equipment. Bydd ProMo Cymru Ltd yn gwella sut mae’r trydydd sector yng Nghymru’n defnyddio adnoddau digidol gan ddefnyddio methodoleg cyd-gynhyrchu. Byddan nhw’n gweithio gyda’r CGGC i sicrhau fod arferion da’n cael eu rhannu ar draws y sector a chyda’r UK Catalyst i rannu dysgu sydd eisoes yn bodoli gan arwain at wasanaethau digidol gwell a mwy cyd-gynhyrchiol. Dros dair blynedd bydd £499095 yn ariannu cyflogau darpariaeth prosiect costau cyffredinol a chyfarpar.
National Lottery Community Fund - COVID-19 - Co-designing Digital Youth Messaging
£10,000	27/04/2020 3	ProMo-Cymru Ltd in Cardiff will co-design digital messaging with young people regarding COVID-19 and its impacts on vulnerable children and young people across Wales. £10000 will fund staff costs and digital promotion. Bydd ProMo-Cymru Ltd yng ....more ProMo-Cymru Ltd in Cardiff will co-design digital messaging with young people regarding COVID-19 and its impacts on vulnerable children and young people across Wales. £10000 will fund staff costs and digital promotion. Bydd ProMo-Cymru Ltd yng Nghaerdydd yn cyd-ddylunio negeseuon digidol gyda phobl ifanc ynghylch COVID-19 a'i effeithiau ar blant a phobl ifanc sy'n agored i niwed ledled Cymru. Bydd £10000 yn ariannu costau staff a hyrwyddo digidol.
Paul Hamlyn Foundation - ProMo-Cymru follow on funding
£60,000	20/12/2019 24	Follow-on funding to co-develop and co-produce digital youth engagement programmes.
Department for Work and Pensions - ALB - MaPS - Working Age Financial Capability Youth Checkpoints (Under 25s) Wales
£100,000	01/04/2019	Support for Youth Checkpoints Model support for under-25s at key transition points as part of the wider working-age commissioning plan.
Nesta - AC00849
£15,000	12/11/2018 8	Y Lab - Innovate to Save programme grant to ProMo-Cymru Grant Ref AC00849
Paul Hamlyn Foundation - Designing Virtual Youth Work: Young Voices Work
£60,000	26/02/2018 24	ProMo-Cymru specialises in using digital technology to build positive change with young people their families and their communities. Through this grant, it will research, develop, and share a comprehensive model for digital youth work across its ....more ProMo-Cymru specialises in using digital technology to build positive change with young people their families and their communities. Through this grant, it will research, develop, and share a comprehensive model for digital youth work across its networks in Wales and throughout the UK.
National Lottery Community Fund - Ebbw Vale Institute
£780,225	05/10/2011 36	The proposed project involves the freehold transfer and refurbishment of the grade 2 listed Ebbw Vale Institute, originally built in 1853. This grant will fully re-develop the facility to be 100% operational, with new facilities including a dance ....more The proposed project involves the freehold transfer and refurbishment of the grade 2 listed Ebbw Vale Institute, originally built in 1853. This grant will fully re-develop the facility to be 100% operational, with new facilities including a dance studio, recording and rehearsal suite, video editing suite, workshop/learning space, business development space and a cafe. A grant of Â£780,225 has been awarded.
National Lottery Community Fund - Ebbw Vale Institute
£14,788	04/11/2010 12	The proposed project involves the freehold transfer and refurbishment of the grade 2 listed Ebbw Vale Institute, originally built in 1853. This grant will fully re-develop the facility to be 100% operational, with new new facilities including a ....more The proposed project involves the freehold transfer and refurbishment of the grade 2 listed Ebbw Vale Institute, originally built in 1853. This grant will fully re-develop the facility to be 100% operational, with new new facilities including a dance studio, recording and rehearsal suite, video editing suite, workshop/learning space, business development space and a cafe. This project has been invited to develop a stage two application and a development grant of Â£14,788 has been awarded.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Age Range of Trustees: 34-58

A SEFA OZALP Appointed: 2020, Occupation: Data Analyst

DAVID MARTIN Appointed: 2014, Occupation: Solicitor

DR DANIEL FINNEGAN Appointed: 2023, Occupation: University Lecturer

MATTHEW WILLIAMS Appointed: 2020, Occupation: Manager

MICHAEL BOWDEN Appointed: 2004, Occupation: Designer

MEIRION MORGAN Appointed: 2014, Occupation: It Consultant

PROFESSOR EUAN JONATHAN HAILS Appointed: 2023, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 18/11/2002, number: 1094652
Registered at Companies House on 16/05/1984, number: 01816889

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR15: 26 days late, AR12: 22 days late, AR11: 16 days late, AR07: 27 days late, AR06: 29 days late, AR05: 380 days late,

Main office

17 WEST BUTE STREET
CARDIFF
CF10 5EP

Objectives

1. THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE TO FIND EMPLOYMENT.2. THE ADVANCEMENT OF THE EDUCATION, TRAINING OR RE-TRAINING OF BOTH UNEMPLOYED PERSONS AND THOSE PERSONS WHO HAVE SECURED EMPLOYMENT.

Defined Area of Benefit:

NOT DEFINED.

Data Sources

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