Dcfw Limited
The principal activity of the company continued to be that of Design Commission for Wales, a national organi s ation established by the Welsh Government to promote good design for the built environment across sectors, for better buildings, spaces and places. About us We present our annual financial statements in this report for the financial year 1 April 202 4 -31 March 202 5 during which our activities directly address the requirements of our Welsh Government Funding and Framework letter, in the context of our company Objects and Powers. They are aligned to our commitment to promoting design excellence for enhanced, high quality environments throughout Wales. We continue to advocate high quality design, for better outcomes and greater long-term public value from significant public investments now and for future generations, working closely with senior officials of the Welsh Government and the wider public, private and third sectors. As in the previous year our team and Board of Directors are aware of constrained public finance. Whilst we are sensitive to this context our day to day financial monitoring and management, and our audited financial reports continue to show, as previously reported, the need for our own resources to be increased and strengthened. Our fixed overheads have a major impact on our resources and our capacity for compliance with our remit is coming under increasing pressure. We appreciate the ongoing constructive input of our colleagues in Welsh Government working with us to find a positive outcome . We look forward to further collaboration with our colleagues in the Welsh Government to ensure we do not lose ground at a time when climate, nature and socio-economic factors coalesce to create a challenging operating environment. We remain committed to working closely with our partners, colleagues and stakeholders , across sectors and professions, with the common purpose and collective responsibility we all share to help promote well-designed, healthy and sustainable places everywhere, for everyone .
Revenue
£394k
▲ +7.0% vs prior ~12m period
Profit after tax
-£37k
Margin -9.8%
Employees
4
– 0.0% vs prior ~12m period
Net assets
-£111k
Balance sheet partly available
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2025 | — | — | — | 4 | -£111k |
| 31 Mar 2024 | — | — | — | 4 | £586k |
| 31 Mar 2023 | £394k | ▲ +7.0% | -£37k | 4 | £425k |
| 31 Mar 2022 | £368k | — | -£61k | 4 | £72k |
| 31 Mar 2021 | — | — | — | — | — |
Latest available figures
Period ending 31 Mar 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £394k
- Gross profit
- £394k
- Operating profit
- -£39k
- Profit before tax
- -£37k
- Profit after tax
- -£37k
Balance sheet
- Total assets
- Not available
- Cash
- £78k
- Total liabilities
- Not available
- Net assets
- -£111k
- Revenue per employee
- Not available
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