BANGOR NEW MUSIC FESTIVAL
Present an annual festival of new music predominantly but not exclusively in Powis Hall, Bangor University. The festival incorporates workshops involving students at local schools in Gwynedd and Anglesey.
Financial health, per its FY2025 accounts
The accounts state that the charity had a surplus for the year of £1,397, bringing the accumulated fund to £11,491. Current assets total £18,641 against current liabilities (creditors) of £7,150, resulting in a net current asset position. The trustees have not disclosed any specific reserves policy or material financial risks in the provided text.
What the accounts disclose
Trustees
- Dr Rhiannon Mathiaschair
- CLIVE FREDERICK SMART MA FCA
- Dr Guto Pryderi Puw
- John Hywel Morris
- Seren Haf Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £35k | £33k |
| 30/06/2024 | £29k | £32k |
| 30/06/2023 | £24k | £22k |
| 30/06/2022 | £27k | £26k |
| 30/06/2021 | £23k | £21k |
Common questions
Is BANGOR NEW MUSIC FESTIVAL financially healthy?
Per its FY2025 accounts: The accounts state that the charity had a surplus for the year of £1,397, bringing the accumulated fund to £11,491. Current assets total £18,641 against current liabilities (creditors) of £7,150, resulting in a net current asset position. The trustees have not disclosed any specific reserves policy or material financial risks in the provided text. Its FY2025 accounts were independently examined.
Who funds BANGOR NEW MUSIC FESTIVAL?
Funders whose own accounts filings name BANGOR NEW MUSIC FESTIVAL as a grant recipient include COLWINSTON CHARITABLE TRUST, CHAPMAN CHARITABLE TRUST, VAUGHAN WILLIAMS FOUNDATION, THE OAKDALE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| COLWINSTON CHARITABLE TRUST | FY2025 | £7k | Core costs of the festival |
| COLWINSTON CHARITABLE TRUST | FY2024 | £5k | Support the artistic costs of the two-day festival in February 2024. |
| COLWINSTON CHARITABLE TRUST | FY2023 | £5k | Grant listed in Note 3 (2022 balance brought forward). |
| COLWINSTON CHARITABLE TRUST | FY2022 | £4k | Artistic costs for the festival to be held over the weekend of 11 —12 February 2022 |
| CHAPMAN CHARITABLE TRUST | FY2024 | £3k | |
| CHAPMAN CHARITABLE TRUST | FY2025 | £3k | |
| VAUGHAN WILLIAMS FOUNDATION | FY2024 | £3k | Music Festivals |
| CHAPMAN CHARITABLE TRUST | FY2023 | £2k | |
| VAUGHAN WILLIAMS FOUNDATION | FY2023 | £2k | Music Festivals |
| CHAPMAN CHARITABLE TRUST | FY2022 | £2k | |
| THE OAKDALE TRUST | FY2023 | £1k |