GWENT BALLET THEATRE LIMITED

Registered charity 1000855 · accounts filings on the Charity Commission register · also known as GWENT BALLET THEATRE, INDEPENDENT BALLET WALES

To provide, maintain, improve and advance the education of the public in the arts and sciences, in particular the art of dance by the presentation of public performances, workshops and other similar activities.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£1.1m
Latest spending
£1.1m
Registered
1990
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved an unrestricted surplus of £20,074 and held free reserves of £227,521 at year-end. The trustees report that these reserves are above their stated policy target of approximately £100k, which represents six months of core operating costs. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months of core operating costs (held: £228k)
“The target for our reserves is currently estimated as six months of core operating costs. This is approximately £100k.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Ballet Cymru (matched by registered charity number).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £276k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.1m
Total spending
£1.1m
Reserves (reported)
£228k
Employees
9

Reported reserves equal ~2.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (87% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£1.1m
31/03/2024£774k£689k
31/03/2023£624k£758k
31/03/2022£657k£710k
31/03/2021£711k£528k

Common questions

Is GWENT BALLET THEATRE LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved an unrestricted surplus of £20,074 and held free reserves of £227,521 at year-end. The trustees report that these reserves are above their stated policy target of approximately £100k, which represents six months of core operating costs. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Azets Audit Services.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund06/01/2025£6kDance To Move
Postcode Lottery03/04/2023£25kProject Funding

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MALVERN THEATRES TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GWENT BALLET THEATRE LIMITED£1.1m—0above—no doubt
MALVERN THEATRES TRUST LIMITED FY2025£7.1m——unclear—no doubt
GATEWAY STUDIO CIO FY2025£307k—0unclear—no doubt
SOUTH LONDON THEATRE CENTRE LIMITED FY2025£183k—0below—no doubt
ACS DANCE CENTRE FY2025£256k—0unclear—no doubt
B.T.D.A. LIMITED FY2025£889k——below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.