GWENT BALLET THEATRE LIMITED

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

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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.

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).

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).

Trustees

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?

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
Postcode Lottery03/04/2023£25kProject Funding

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