THE GREGYNOG TRUST

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Godfrey Wilson Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Examining the financial position along with the value of the Trust's physical land and built assets, tenancies and business forecast, we are confident in our assessment of going concern. The Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, whilst we recognise those resources are pressurised.”

Group structure

1. THE GREGYNOG TRUST · parent
   1. Gregynog Enterprises Limited 1% · England and Wales · carry out trading activities in support of the charity

Significant events

• “Major risks for the Trust such as the engineering work required to Gwgia reservoir were completed in August 2024 at a much lower cost of £22k rather than the anticipated £50k.”
• “A significant liability in the form of a derelict Grade I listed Welsh Longhouse called Wood Cottage was sold on the open market in 2025.”
• “The Trust previously forecast that business planning for a two-year stabilisation period in the context of a five-year projection would see some very challenging periods in 2024-25. As forecast, income development, cash-flow and cost-control was incredibly challenging in the spring and summer quarters of 2024-25.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +2.5%

  £589,988 → £604,685

• Cash

  +1.4%

  £208,947 → £211,958

• Net assets

  -4.2%

  £6,391,029 → £6,124,091

• Employees

  +13.5%

  37 → 42

• Wages

  +6.4%

  £511,819 → £544,434

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers