THEATR MWLDAN
The charity manages the Arts Centre known as Theatr Mwldan in Cardigan, Ceredigion.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net loss of £125,763 for the year ended 31 March 2025, driven by rising costs and reduced cinema turnover. The Trustees report that the company is financially stable in an operational break-even situation through to March 2026 due to secured additional funding, but express concerns about longer-term sustainability and the risk of impending financial crisis if current circumstances persist without further support.
What the accounts disclose
“The target level of reserves is currently quantified as twelve months’ worth of fixed overhead costs.” — page 6
“Theatr Mwldan Media Developments Ltd (TMMD), the wholly owned subsidiary of Theatr Mwildan, has made a loss of £9,711 this year.” — page 5
Funders the charity credits
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (11/07/2019)
Trustees
- DAVID GRACEchair
- Ann Elaine Evans
- DANIELLE ALICE LOUISE JONES
- David Anthony James Daw
- JAMES RICHARD JOHN FURSE
- JUDITH JONES
- Jane Grubb
- Michael Henry Hine
- Olwen Mai DAVIES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.8m |
| 31/03/2024 | £1.5m | £1.8m |
| 31/03/2023 | £1.4m | £1.5m |
| 31/03/2022 | £983k | £978k |
| 31/03/2021 | £938k | £877k |
Common questions
Is THEATR MWLDAN financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net loss of £125,763 for the year ended 31 March 2025, driven by rising costs and reduced cinema turnover. The Trustees report that the company is financially stable in an operational break-even situation through to March 2026 due to secured additional funding, but express concerns about longer-term sustainability and the risk of impending financial crisis if current circumstances persist without further support. Its FY2025 accounts were audited by Ashmole & Co.
Who funds THEATR MWLDAN?
Funders whose own accounts filings name THEATR MWLDAN as a grant recipient include CYNGOR CELFYDDYDAU CYMRU.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CYNGOR CELFYDDYDAU CYMRU | FY2023 | £275k | Core funding |
| CYNGOR CELFYDDYDAU CYMRU | FY2023 | £9k | Cost-of-living support |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CEFN CROES WIND FARM COMMUNITY TRUST | 1 | £17k |
| CYNGOR LLYFRAU CYMRU-THE BOOKS COUNCIL OF WALES | 1 | £12k |
| THE LESLIE SMITH FOUNDATION | 1 | £7k |
| COLWINSTON CHARITABLE TRUST | 1 | £5k |
| THE THEATRES TRUST CHARITABLE FUND | 1 | £5k |
| THE SCURRAH WAINWRIGHT CHARITY | 1 | £4k |
| THE J G GRAVES CHARITABLE TRUST | 1 | £2k |
| The Ashley Family Foundation | 1 | £0 |
Charities like this
- THEATR BRYCHEINIOG CYF
- THE TORCH THEATRE COMPANY LIMITED
- WELSH DANCE THEATRE TRUST LIMITED
- CARDIGAN CENTRE
- MERCHED Y WAWR
- MERLIN THEATRE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THEATR MWLDAN | £1.7m | — | 0 | unclear | — | no doubt |
| THEATR BRYCHEINIOG CYF | £1.4m | — | 0 | below | — | no doubt |
| THE TORCH THEATRE COMPANY LIMITED | £1.9m | — | 0 | below | — | no doubt |
| WELSH DANCE THEATRE TRUST LIMITED | £598k | — | 0 | unclear | — | no doubt |
| CARDIGAN CENTRE | £197k | — | 0 | unclear | — | no doubt |
| MERCHED Y WAWR | £288k | — | 0 | unclear | — | no doubt |