MENTER MON CYF

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

• Turnover

  +3.1%

  £10,427,741 → £10,749,403

• Cash

  +341.6%

  £1,532,240 → £6,766,136

• Net assets

  +787.6%

  £887,538 → £7,877,630

• Employees

  +8.2%

  73 → 79

• Operating profit

  +246.7%

  -£611,349 → £897,113

• Profit before tax

  -1,506.2%

  -£74,698 → -£1,199,816

• Wages

  +19.9%

  £799,737 → £958,787

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

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

Salisbury & Company Business Solutions Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MENTER MON CYF · parent
   1. Menter Mon Morlais Limited
   2. Menter Mon Hydreogen Limited
   3. Annog Cyf

Significant events

• “significant transition in 2023 as EU funding came to an end, 2024 marked a year of relative stability, with new projects and funding streams beginning to take shape.”
• “published a new vision for the company... Renewable Energy, Economy, and Community.”
• “Morlais remains the flagship project... Hydrowing secured an additional 10MW in the UK Government's AR6 renewable energy auction, bringing the total allocation for our developers to 38MW.”
• “Welsh Government also invested in Morlais via equity, acquiring a 13% stake.”
• “explored acquiring the fully consented Traffwll solar project... Negotiations are ongoing, with resolution expected in 2025.”
• “A new initiative, Cylchol, launched in 2024. This £2.5 million circular economy project, funded by Welsh Government, established 'Ffiws' repair and reuse spaces across Ynys Môn and Gwynedd. With funding secured until 2026, a Lottery application is underway.”
• “Next year marks our 30th anniversary-a moment to reflect on three decades of delivery across Ynys Môn, Gwynedd, and beyond.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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