Overall GiG Score: 19 ?
Finance Score: 5
Governance Score: 6
Support Score: 8
  • Positive trading contribution: +2;Good reserves management: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Grant maker support: +8

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
  • There have been no material income shortfalls in recent years
  • 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 and dynamic in terms of composition
  • This charity is based in an area of high deprivation
Established: 21 years
(39 years as a company)

www.promo.cymru

info@promo.cymru

02920462222

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
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£4343.8290
31/03/22£1,244£1,067£177£0£1,495£4775.4331
31/03/21£1,216£953£264£0£1,268£3154300
31/03/20£994£978£16£0£1,054£3193.9280
31/03/19£821£912£-92£0£1,038£2713.612
31/03/18£1,047£1,076£-29£0£1,130£3513.9180
31/03/17£1,202£1,212£-11£0£1,159£3463.4100
31/03/16£1,574£1,579£-5£0£1,170£3322.5130
31/03/15*£1,432£1,486£-53£6£1,139£2642.1360
31/03/14£1,756£1,467£289£6£1,181£2732.2320
31/03/13£2,134£1,578£556£6£938£1751.3310
31/03/12*£1,569£1,503£66£6£383£710.6330
31/03/11*£1,290£1,345£-55£5£293£80.1300
31/03/10£786£744£43£4£371£460.7230
31/03/09£473£185£288£0£0£0n/a00
31/03/08£184£231£-47£0£0£0n/a00
31/03/07*£236£241£-5£0£0£0n/a00
31/03/06*£407£407£0£0£0£0n/a00
31/03/05*£388£377£10£0£0£0n/a00
31/03/04£415£415£0£0£0£0n/a00

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 ?
What it does
  • Arts/Culture/Heritage/Science
  • Disability
  • Economic/Community Development/Employment
  • Education/Training
  • The Prevention Or Relief Of Poverty
Who works here?
  • 29 employees
Who it helps
  • Children/Young People
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
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's supporting them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years
National Lottery Community Fund£509,095
Department for Work and Pensions£100,000
Paul Hamlyn Foundation£60,000
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Third Sector Digital Support
£499,095 30/06/2022
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 ....more
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 ....more
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 ....more
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% ....more
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% ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed

Age Range of Trustees: 33-59
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

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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