MID POWYS YOUTH THEATRE
PROVISION OF PROFESSIONALLY-LED, HIGH QUALITY AND MULTI-DISCIPLINARY THEATRE PRACTICE FOR YOUNG PEOPLE AGED 8 YEARS AND UP IN A SPARSELY POPULATED, RURAL AREA OF MID WALES. MPYT?S ACTIVITY IS BOTH NON-COMPETITIVE AND NON SELECTIVE, AND ENCOMPASSES WORKSHOPS, MASTER-CLASSES, VOCATIONAL TRIPS AND LIVE PERFORMANCES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £5,971 against a policy target of three months of unrestricted expenditure, which is significantly below the stated goal. The trustees note that while income was the highest since 2013, the future remains difficult due to a bleak funding climate and competition for grants. The charity is project-funded and is actively working to build unrestricted income streams to improve its financial security.
What the accounts disclose
“By volume, the Charity’s principal source of funds in the reported year are: a) Grants b) Donations and individual giving; c) Members subscriptions d) Community Fundraising” — page 16
“ensuring at least three months of funds are available to successfully and ethically wind down the company if needed.”
“The significant challenge is to maintain – and indeed improve on – this relative financial health. Whilst we may have seen the worst of a bleak financial picture since Covid and have much to be pleased with the future, beyond 2025-26 remains difficult.” — page 15
Trustees
- Megan Daukstachair
- Bethan Treen
- Dr Kristen Treen
- Jessica Ann Hall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 10/04/2025 | £69k | £54k |
| 10/04/2024 | £34k | £26k |
| 10/04/2023 | £6k | £26k |
| 10/04/2022 | £16k | £12k |
| 10/04/2021 | £24 | £12k |
Common questions
Is MID POWYS YOUTH THEATRE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £5,971 against a policy target of three months of unrestricted expenditure, which is significantly below the stated goal. The trustees note that while income was the highest since 2013, the future remains difficult due to a bleak funding climate and competition for grants. The charity is project-funded and is actively working to build unrestricted income streams to improve its financial security. Its FY2025 accounts were independently examined.
Who funds MID POWYS YOUTH THEATRE?
Funders whose own accounts filings name MID POWYS YOUTH THEATRE as a grant recipient include The Ashley Family Foundation, MARGARET DAVIES CHARITY, THE OAKDALE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| The Ashley Family Foundation | FY2022 | £10k | |
| The Ashley Family Foundation | FY2025 | £9k | |
| MARGARET DAVIES CHARITY | FY2025 | £5k | |
| THE OAKDALE TRUST | FY2025 | £500 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/01/2025 | £19k | Youth Theatre workshops outreach and mentoring 2025 |