Fishguard Festival of Music Gwyl Gerdd Aberwaun Ltd
Promoting the education and knowledge of the arts generally in Wales in particular by the promotion of concerts.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with unrestricted funds of £5,018, a significant increase from the previous year's £400, following a net income of £4,618. The trustees report that reserves have been severely depleted due to losses in 2022 and have not yet been restored to previous levels. The financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“This reserve account has been severely depleted due to the loss experienced for the fesitval held in August to September 2022. These losses are the result mainly of reduced ticket sales due to lack of audience numbers and to date the festival has not been able to increase the reserve levels.”
Trustees
- David Keith Bartlettchair
- Dr GLEN PETERS
- Elizabeth Morris
- Mary Jane Attenburrow
- STEPHEN PLAYER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £101k | £97k |
| 31/03/2024 | £93k | £92k |
| 31/03/2023 | £103k | £125k |
| 31/03/2022 | £51k | £64k |
| 31/03/2021 | £39k | £22k |
Common questions
Is Fishguard Festival of Music Gwyl Gerdd Aberwaun Ltd financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted funds of £5,018, a significant increase from the previous year's £400, following a net income of £4,618. The trustees report that reserves have been severely depleted due to losses in 2022 and have not yet been restored to previous levels. The financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Who funds Fishguard Festival of Music Gwyl Gerdd Aberwaun Ltd?
Funders whose own accounts filings name Fishguard Festival of Music Gwyl Gerdd Aberwaun Ltd as a grant recipient include COLWINSTON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| COLWINSTON CHARITABLE TRUST | FY2023 | £10k | A grant of £10,000 was offered to support the core costs of their 2022 Festival. |