THEATR MWLDAN
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £129,938 for the year ended 31 March 2023, following a surplus in the prior year. The trustees acknowledge that the pandemic continues to be a significant threat to the business model, with budgetary predictions for a loss-making scenario in 2023/24 and caution regarding full recovery to pre-pandemic levels.
What the accounts disclose
“The target level of reserves is currently quantified as twelve months' worth of fixed overhead costs.” — page 5
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?
The accounts state that the charity reported a net expenditure of £129,938 for the year ended 31 March 2023, following a surplus in the prior year. The trustees acknowledge that the pandemic continues to be a significant threat to the business model, with budgetary predictions for a loss-making scenario in 2023/24 and caution regarding full recovery to pre-pandemic levels. Its FY2023 accounts were audited by Ashmole & Co.