SHERMAN CYMRU
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.
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.
What the accounts disclose
“Two members of the Executive and Senior Management team received remuneration within the £60,000 - £69,999 bracket”
“Two members of the Executive and Senior Management team received remuneration within the £60,000 - £69,999 bracket”
“Arts Council of Wales 1,202,180” — page 33
“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
“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
“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
“On 30 September 2014 the charity set up a wholly owned trading subsidiary called Sherman Cymru Productions Ltd.” — page 14
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alexander Samuel Hicks
- Ceri John Davies
- Darren Edward Joyce
- Dr Marta Minier
- Eira Janice Lane
- Helen Ramonde Vallis
- Huw Thomas
- Iftakhar Khan
- Jane Tyler
- Lauren Grace Hamilton
- Llinos Daniel
- Louise Elizabeth Thomas
- Rhian Elizabeth Head
- Roger Tomlinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE OAKDALE TRUST | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/02/2026 | £51k | "Cardiff Great Exhibition 2026: Schools Outreach Project (Innovation, Imagination & the Human Cost of Progress)" |
| The National Lottery Heritage Fund | 06/12/2022 | £56k | "Sherman 50: Community Project" |
| The National Lottery Community Fund | 25/07/2019 | £5k | Tydfil Tales |
| The National Lottery Community Fund | 13/09/2016 | £5k | Sherman Plays |
| The National Lottery Heritage Fund | 28/07/2016 | £37k | "LOVE, Cardiff" |
| The National Lottery Community Fund | 23/01/2013 | £211k | Creative Learning |
| The National Lottery Heritage Fund | 13/04/2011 | £25k | "Mi Generation" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £1.4m |
| JOHN LYON'S CHARITY | 1 | £428k |
| THE FIDELITY UK FOUNDATION | 1 | £325k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £110k |
| THE MARCELA TRUST | 1 | £100k |
| WELLINGTON MANAGEMENT UK FOUNDATION | 1 | £47k |
| THE JOSEPH AND LILIAN SULLY FOUNDATION | 1 | £30k |
| The Portal Trust | 1 | £15k |
Charities like this
- TEAM COLLECTIVE CYMRU CHARITY
- CREU CYMRU
- SHERBURN COMMUNITY GYMNASTICS CLUB LTD
- THE PRIMARY SHAKESPEARE COMPANY
- THE ARCHIE SHERMAN CARDIFF FOUNDATION
- SHERINGHAM LITTLE THEATRE SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHERMAN CYMRU | £2.6m | £60,001 - £70,000 | 2 | above | — | no doubt |
| TEAM COLLECTIVE CYMRU CHARITY | £446k | — | — | unclear | — | material uncertainty |
| CREU CYMRU | £206k | — | 0 | unclear | — | no doubt |
| SHERBURN COMMUNITY GYMNASTICS CLUB LTD | £230k | — | 0 | unclear | — | no doubt |
| THE PRIMARY SHAKESPEARE COMPANY | £522k | — | 0 | above | — | no doubt |
| THE ARCHIE SHERMAN CARDIFF FOUNDATION | £167k | — | 0 | above | — | no doubt |