SHERMAN CYMRU

Registered charity 1118364 · accounts filings on the Charity Commission register · also known as CONTEMPORARY THEATRE & NEW WRITING COMPANY

The objects of Sherman Cymru are to promote and encourage art and in particular performing art for the benefit of the public by the development, production and presentation of new writing or works of any form, the provision of theatre facilities and the advancement of education of children, young persons and adults by participation in the experience of theatre, drama and the performing arts.

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

Latest income
£2.6m
Latest spending
£2.8m
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit on unrestricted funds of £377 for the year ended 31 March 2025, resulting in an overall group deficit of £144,252. Despite this deficit, the trustees and auditors confirm the charity remains a going concern with no material uncertainties, supported by free reserves of £658,873 which exceed the stated policy target of £300,000.

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

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“Two members of the Executive and Senior Management team received remuneration within the £60,000 - £69,999 bracket”
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“Two members of the Executive and Senior Management team received remuneration within the £60,000 - £69,999 bracket”
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Arts Council of Wales (46% of income)
“Arts Council of Wales 1,202,180” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: in the region of £300,000 (held: £659k)
“the trustees agreed at a Finance Committee meeting on 3 September 2024 to a reserves policy that general reserves, after excluding restricted funds and any transfers to designated funds, should be in the region of £300,000.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Gary Owen (Resigned 23 September 2024), Writer and Royalty fee for “Iphigenia Yn Sblot” £7,000 and Writer and Royalty fee for “A Christmas Carol” £10,630.73
“Gary Owen (Resigned 23 September 2024), Writer and Royalty fee for “Iphigenia Yn Sblot” £7,000 and Writer and Royalty fee for “A Christmas Carol” £10,630.73” — page 18
“Sherman Cymru commissioned productions of £453,846 (2024: £526,374) to Sherman Cymru Productions Ltd during the period.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sherman Cymru commissioned productions of £453,846 to Sherman Cymru Productions Ltd
“Gary Owen (Resigned 23 September 2024), Writer and Royalty fee for “Iphigenia Yn Sblot” £7,000 and Writer and Royalty fee for “A Christmas Carol” £10,630.73” — page 18
“Sherman Cymru commissioned productions of £453,846 (2024: £526,374) to Sherman Cymru Productions Ltd during the period.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Sherman Cymru Productions Ltd
“On 30 September 2014 the charity set up a wholly owned trading subsidiary called Sherman Cymru Productions Ltd.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HSJ Audit Limited. Discloses 6 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£2.6m
Total spending
£2.8m
Cost of raising funds
£63k
Reserves (reported)
£659k
Employees
31

Reported reserves equal ~2.9 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (57% 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: 2.4% 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 England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.6m£2.8m
31/03/2024£2.6m£3.1m
31/03/2023£2.4m£2.6m
31/03/2022£2.0m£2.3m
31/03/2021£2.2m£1.9m

Common questions

Is SHERMAN CYMRU financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit on unrestricted funds of £377 for the year ended 31 March 2025, resulting in an overall group deficit of £144,252. Despite this deficit, the trustees and auditors confirm the charity remains a going concern with no material uncertainties, supported by free reserves of £658,873 which exceed the stated policy target of £300,000. Its FY2025 accounts were audited by HSJ Audit Limited.

What does the highest-paid employee of SHERMAN CYMRU earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.

Who funds SHERMAN CYMRU?

Funders whose own accounts filings name SHERMAN CYMRU as a grant recipient include THE OAKDALE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE OAKDALE TRUSTFY2025£1k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund10/02/2026£51k"Cardiff Great Exhibition 2026: Schools Outreach Project (Innovation, Imagination & the Human Cost of Progress)"
The National Lottery Heritage Fund06/12/2022£56k"Sherman 50: Community Project"
The National Lottery Community Fund25/07/2019£5kTydfil Tales
The National Lottery Community Fund13/09/2016£5kSherman Plays
The National Lottery Heritage Fund28/07/2016£37k"LOVE, Cardiff"
The National Lottery Community Fund23/01/2013£211kCreative Learning
The National Lottery Heritage Fund13/04/2011£25k"Mi Generation"

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 TEAM COLLECTIVE CYMRU CHARITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SHERMAN CYMRU£2.6m£60,001 - £70,0002above—no doubt
TEAM COLLECTIVE CYMRU CHARITY FY2025£446k——unclear—material uncertainty
CREU CYMRU FY2025£206k—0unclear—no doubt
SHERBURN COMMUNITY GYMNASTICS CLUB LTD FY2025£230k—0unclear—no doubt
THE PRIMARY SHAKESPEARE COMPANY FY2025£522k—0above—no doubt
THE ARCHIE SHERMAN CARDIFF FOUNDATION FY2025£167k—0above—no doubt

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