Company registration number.. 03278236 Charity gIstratIon number.. 1063928 CIRCUS ERUPTION TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Clearway Accounting
Circus Eruption Contents Page Trustees, Report Independent Examiner's Report 12 Statement of Financial Activities (including Income and Expenditure Account) 13 Comparative Statement of Financial Activities (including Income and Expenditure Accounti 14 8alance Sheet 15 Notes to the Financial Statements 16-24 The following pages do not form part of the statutory accounts.. Detailed Statement of Financial Activities (including Income and Expenditu Account) 25-26
Circus Eruption Company No. 03278236 Trustees, Report For The Year Ended 31 August 2025 The trustees present their report and the financial statements for the year ended 31 August 2025. Objectives and Activities Aims and Objective5 Circu5 Eruption is managed by a board of trustees numbering no le55 than 3 unrelated per50nS, Wlth the day to day running carried out by staff who undertake roles including running activities and workshops, development, management, volunteer coordinatlon, admlnlstration, outreach and facilitieslbuildlng oversight. Volunteers support our clrcus workshops, and our building/garden upkeep. The young people play an active role in planning activities and deciding the future development of their circus workshops and the organisation more widely. Objectives and activities Circus Eruption Is a gIStered charity Ino 10639281 and was originally founded as a projert in 1991 a5 the first integrated youth circu5 In the UK. We are a '50cial circus, we use the medium of circu5 5ki11s to enable children and young people ICYP) of all abilities to maximise their potential through inclusion, participation and empowerment,. we focus on childfftn and young people facing disadvantage and therore can find themselves otherwise excluded for a variety of reasons. Inc0$e$ in self-esteem, self-confidence and resilience lead to empowered young people who flourish as active citizens and can make a difference In the world. Our non-judgmental and accepting environment also encourages positive attitudes towards others and respect for diversity- In this way our values and methods challenge inequality and discrimination. As a well established local charity, we enjoy orking c105ely with others towards the common good. OUR AIMS, IMPACT AND VALUES We challenge sregatIOn through active integration of those, particularfy young people, who might otherwise fa challenges to inclusion. These challenges include - but are not limited to - statement5 and labe15 of disability, care exper1ern. refugeelasylum seeker backgrounds, being young carers. Each person, whatever their label or ability, is able to alise their potential through the diverse range of activities and adaptability that circus pmvides. Participants in our Circus workshops experience inCaSe$ in confidence, $111ence and a sense of belonging, as well as hèvlng funl For some CYP, our work Is Iifechanging., we see low expectatlons, lack of eye contact, Ilttle or no interactlon with peers tnnsform over time. We see young people whose challenges have diminished their social intenction skills regain trust in peers and adults. We see isolated children and young people forming genuine, 13Sting friendships which develop a life of their own outside our work5hop5 over time. But we don't call those things out during our session5,' there's so much fun to be had when everyone'5 cheering everyone else on, learning new skills, learning to fail a lot and keeping going. having funl We work inclusivelyi Sustainably and collaboTrtivelyi which SuIts in.. empowerment of young people inclusion and participation challenges to inequality, discrimination and disadvantage an artive welcome for everyone, with a particular focus on ensuring we mOVe barriers to participation We have a pool of 30+ skilled volunteers who work alongside our staff to ensure the project is ufe and the young people are supported. Significant Activities HIGHLIGHTS AT A GLANCE Our biggest focus, 3nd alw3ys our headline success, is that we've kept all four long term projects going in an incredibly challenging funding climate. This is In no small part due to the ten3cIty and commitment of our staff and volunteers, and to the diligen, support and direction of our Trustees. This is the core work which enables hundreds of children and young people every year to experience meaningful shifts in confidence and resilience, to have fun, to connect with peers and have a pla they allY belong and have a voice, which is especially important when they face barriers to doing that elsewhe. We've noted once again that all our projects and our trading interrelate,. con5i5tency of trained, experienced Staff, volunteers and a handful of 5e55ional worker5 (all of whom are known to Us, some of whom are also Eruption volunteer5 On our long term projects, and freelance on our tding) means that everyone receives the same high quality, bespoke, person centred support whether we've known them for 10 years or are meeting them for the firyt time al funded outreach or a trading gig. .CONTINUED Page I
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued Exciting development number one is that we flnally had heatlng Instslledf This was switched on in late January 2025, and was much needed, having been open since October 2021 with no heating installed, and running from a former church. It was a massive undertaking but the background work and the funding search was all worthwhile, as it works well and is in¢diblY efficient. The second major development was our ability to set up for formal 'youth volunteering.. A5 our original and longest project (now in its 35th yearll has always been about youth Vol and empowerment, a5 projects 5UPPOrting younger people have developed, it's been on our minds to enable the young people from youth circus to volunteer on Bubble and Junior circus. Because of our reflective prnctice and commitment to keeping everyone safe, a lot of background work and training had to take place before we could open this opportunity up, and It's brilliant to be able to offer this now. PROGRESS AGAINST OUR 2024-2025 OBJECTIVES- SUMMARY Our 2024-2025 objectives, as stated in our annual report last year, were to.. Continue our four central integrnted circus v40rkshop projects, with a focus on those facing challenges, to ensu quality of delivery and impact, contlnuing to ensure children and young people are central to all projects and developments. Research and develop additional sources of revenue income for the charity, with a view to Increasing our reserves to reach our aim of 3-6 months running costs plus an emergency building works fund. Continue with repair and restoration of both parts of our building, including installing heating in the main space. Collaborate, partner and remain generous In our approach to working with others, to maximise positive Impact for Ensure any growth Is modest, and that plans are realistic, achievable, within our means, and that our staff, t)oard and volunteer5 are equipped to deliver. These objertives were largely about sustaining our work, participation, govemance, and ensuring quality and long term sustainability. Our four central projects rely on a dedicated team of staff and Voluntee who are trained and experienced in supporting children and young people with bespoke, person centred. trauma informed and flectiVe practice. Highlights and detail come5 later in the'activities, section, but We' proud to have continued all four project5 With no break, despite a difficult year for funding. Our unrestricted funding fmm UK Youth and the Postcode Lottery kept our Junior and Youth Circus afloat this year, longslde a grant from the Moondance Foundatlon for essential core costs In admin and management. These grants represent truly 'tru$ted and open, funder practlce and slmply meant we could keep going,. It's brllliant funding practice and is $0 appreciated. They also enabled us to keep on considering 'why It works, as we continued to explore the Wellcome Trust's'Active Ingredients, in young people's mental health, by which they mean -aspects most likely to make a differen in preventing, treating or managing mental health difficultie5" This was a feature of the UK Youth funding and we loved the insights and sharing that wefft available through that funding. The Austin Bailey Foundation continued their ongoing support for Bubble Circus Iwith a small grant which covers some costs), and the st was met through our first Big Give campaign - a runaway success1 Awards for All supported a new weekly pilot workshop for 18-25 year olds, developed in collaboration with various partner organlsations. The West Glamorgan Regional Partnership continued to fund our Development Work vvith children and young people who are care experienced or on the'edge of ¢are' Our ability to deliver everything was also underpinned by brilliant volunteer coordlnatlon, which was continued with our Volunteering Wales grant from the Wales Council for Voluntary Action until M3rch 2025. We were 31so able to develop vouth volunteering this year our volunteer coordinator did a raft of background work in order to ensure we can safely support young people aged 14+ who are part of our youth circu5 to volunteer for our Bubble and Junior circuses. Thanks to Swansea Council for Voluntary Service Alun Evan5 Memorial Fund for the support which enabled us to launch thi5 timely ork. .CONTINUED Page 2
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued We completed all work on time relating to our three Shared Prosperity Funding ISPFI grantsl The fIt was through the Swansea Council for Voluntary Service, and we completed our'train the trainer5, incIu5ion/participation training in Dember 2024. This unlocked the opportunify for 20 staff, volunteer5 and a550ciates to up their skills in participative facilitation as well as learning rn0 about the bedrocks of all our work, equity in participation and inclusion for all, which we hope will be the basis for a new tTrining offer from Eruption Repalr and Restoratlon of our bullding contlnued apace,. SPF grants played thelr part In this too as work on our groundbreaking 'air to air, heating continued to completionl Alongside this, a 'Transforming Counties, SPF grant supported a feasibility study and some capital work on our as yet unused spaces (tower, spire, mission hall) the capital works also part funded with grant income from the Pilgrim Trust and the Community Facilitie5 Pmgramme, with an additional commitment from Cadw. Our go¥ernance and development were supported with another a5pert of our SCVS SPF grant. with external support overseeing our Trusted Standard evidence and worklng wlth us to ensu our board, strategy and monltoring and evaluatlon are fit for purpose now and fit for the future too. Whilst we are stable at year end, and supported by a number of excellent funders as well as having a tftding income, it is worth noting fomially that this year has been our most challenging yet for fundraising. At the tlme of writing (spring 20261, we are back on our feet, but a string of application failure mixed with a lower than anticipated trading Income meant that we were making more applications for the same or lower returns, and that we've now got a higher number of smaller grants, Increasing the work of grant management. The summer and early autumn of 2025 were a time of great challenge for our finances and we want to acknowledge the additional pressure and work this is placing on staff at this time. We are pleased that the planning tenacity, Skill and teamwork acr055 the organisation has enabled stability and continuation of all projects. We did not replace a valued team member who left employment In May 2025, and whilst we did make use of our freelancers on our trading work in particular so as not to exhaust staff, we further acknowledge the substantial efforts of the remaining team both staff and volunteers - in keeping everything going. OUR ACTIvrtIES - September 2024 - August 2025 We work with children and young people ICYPI from age 5 to 18 through four projects we label 'Eruption Workshops,: Bubble Circus, Youth Circus Junior Circus and our projert for Care Experienced CYP. Our sessions have always been free at the point of use and anyone can join. We sometimes run short term, funded work5hop5 to specific groups if requested and if funding allows (for example, the new project this year with 18-25 year old51. To 5UPPOrt these workshops, we also run an 18+ skill share (primarily aimed at Eruption Voluntee), trading lincluding one-off workshops, commissioned prlvate workshops, team building and tTrlning to exgernal organisatlonsl, ¢ollaboratlon and networklng. For Bubble. Youth and Juniors we ensure that amund one third of those who join have some kind of statement or label of disabilityi and those with Ca e%perlence, refugeelasylum seeker backgrounds and young carers a also over- represented. The point of us Is integration and inclusion, and so we work hard to ensure that those who might otherwise find themselves excluded find friends and a pla to belong in Circus Eruption. and that they never experience isolation or stigmatisation he. Crucially, we can support CYP in the long term. Because we welcome everyone, we provide sUPPOrt and signp05ting for those who drop out of eligibility elsewhere - and for those who never meet criteria, or are a5 yet not labelled or eligible. It also means CYP become familiar with being 5UPPOrted byi and 5UPPOrting, those facing different challenges from themselves, or without any partlcular challenges we know about. Eruptlon Workshops: lal Youth Circus - The original work of Circu5 Eruption {e5tablished in 19911 and still a cent1 part of our activity. A weekly Intrnted 2 hour workshop during term tlme for up to 50 young people at a tlme (aged 11-191, with a dedlcated welcome for those with statements/labels of disability, those from a refugee / asylum seeker background and those who are care exper1ernd. Ibl Junior Circus - as Youth Circus but for up to 30 children at a time, aged 7-1 l. Established in 2017. Icl New opportunities and route5 to support for children and young people who are care experienced or on the edge of care developlng partnerships with pmfessionals as well as direct circus workshops with CYP to increase engagement and access to services, and to build trust in order to enable CYP to engage with our long temi work (for ongoing support, and prevention of future service requirements}. Idl Bubble Circus - a fortnightly workshop for 5-13 year olds and their adults, also with Identical inclusion principles as Youlhljunior Circus. .CONTINUED Page 3
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued We've once again supported over 180 children through our Junior, Youth and Bubble Circus projects, and a further 154 through the 'care experienced CYP, outreach. We've supported 79 more on shorter term/ OutaCh projects lup to 4 se55ionsI and over 1000 yearly on 'one off, occasions, usually connected to trading. Technically that's 1409+, but that doesn't tell you about the depth and difference - childrn and young people grow in confidence and re5ilieno, have Somewhe they can be themselves and belong, and flourish and connect in a way that would have otherwise been Inaccessible for them. 413 of these are N(rr 'see them once and count that, engagements (although that often can make a POSltive difference, It'5 not the heart of what we dol). They've enjoyed workshops, residential, paTrdes - It's been a wonderful, full, glorious, exhuasting year. Youth Circus and Junior Circus: These a run by two experienced Circus Workshop tutors, who are in tum supported by a team of volunteers. These CYP also have the opportunity to participate in a residential and local parades. They grow in confidence and resilience, have fun. with 680/0 of these faced one or more challenges le.g. dlsabllity, neurodiversity, care experience, being young carS, belng from a refugeelasylum seeker background). Development project with children and young people who are care experienced lor at risk of becoming sol.. Our dedicated development worker on this project continues to develop relevant networks and partnerships and create new ones, increasing our ability to support and signpost, and to embed a welcome in Circus Eruption for children and young people who are care experienced, or on the edge of care. This project was conceived through working with some young people in this situation and recognising the strength of what we had to offer as an OrganilI0n which can provide ongoing, familiar contact and support throughout various stages for children and young people who might find themselves in a variety of locations and with many different adult5. Thi5 project is currently funded until March 2026 although continuation funding has pfftviously been achieved. Our development worker has this year actively conneded with 10 other organisations on this project (last year 101 and has run workshops with 154 chlldren and young people (last year 1691 and 28 families Ilast year 351, On again far exceeding the target of 50 chlldren and young people per year. Most Importantly, CYP are engaging and asking for more, and feedback tells us that they're growing In confiden, more able to focus, having fun and looking forward to more engagement. cyp, profession31s and parents/c3rers have reported positive outcomes across the board. An Important part of this work is at>out building trust, on this project and, of course, permanently on the long term projects which take place in our building. Six children and young people from this project are currently part of our long term wod<. Often the training and experience of our staff and volunteers proves crucial, as by this point the staff/ vols are'trusted adults, and we are glad to respond posltively to the additional tlme - both durlng and outside of sessions - that the CYP engagement represents. 'Bubble Circus.: This fortnightly Sunday afternoon workshop Is for chlldren and young people aged 5-13 and their associated adults. The Austin Bailey Foundation and our Big Give campaign keep this going, and this year a Trnge of people attended once again attended and flourished. 'Sunday Sklll Share,: A weekly opportunity for our volunteer5 and others aged 18 and over to practice their ski115 and use our kit in a friendly, infonal environment. There 15 a modest donation charge for this. Number5 Steadily InCaSed during the year, ending with 78'on the books,, and 40 gUlar attenders. One-off Projects: This year we we contlnued 'Love Clrcus, for the In February and August following its success last year. This was funded by Swansea Councll 'COAST' fundlng In August and with unrestrlcted fundlng (allocated from postcode/UK Youth) in Feb. It's two open 'community afternoons. each time, which were Incredibly well attended on both occasions, with 284 participants over the 4 days. Our busiest day was 104 peoplel Our older young people were keen to support these events and shared circus skills, greeted and welcomed people. Commissioned private workshops: We provide tailored social circus workshops for a wide range of community groups and organisations throughout South Wales. These contribute to our financial sustainability, and also help to ftise our profile. Much of thls work Is wlth chlldren and young people facing dlsadvantage as we are well known locally for expertise In this area. An additional 2647 Iminimutnl people participated in these bespoke external workshops, with most of these being Childrn nd young people, many of whom were facing some kind of disadvantage, label or stigma. This number is a minimum approximation due to the high number of open access, open alr workshops we run,. we have tallied minimum approximations of the numbers we worked with at each of those kinds of event. Tralnlng: .CONTINUED Page 4
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued Training continued this year, including youth work, safeguarding {all levels as required, including mandatory safeguarding introduction for all new volunteer5, plus yearly refre5herl, first aid. We also completed our'train the trainers. facilitation ork in partipation/inclu5ion, with the dual intention of lal embedding the principles of inclusion / participation among staff and volunteer5, to ensure it isn't lost and to keep up with pctiCe and Ibl developing a second 'training' trading offer to complement our existing have-a-go circus workshop offer. We also delivered training for pftctitioners who work with ca exper1ernd young people in using circus as part of their engagement. Coll?boratlon and Networklng: We continue to actively connect with other organisalions (we aren't listing them all here just highlighlingl}. Our Director continued to be active at a core level In the Wales branch of the Heritage Network, and also continued to be a Trustee of that UK umbrella body lin a personal capacity, but due to her professional experience of bringing a disused listed building back into use at Circus Eruption. We are members of the Heritage Trust Network. the Council for Wales Voluntary Youth Services ICWVYSI, the Wales Councll for Voluntary Actlon IWCVAI and Swansea Council for Voluntary serv15 Iscvsi. Our work with care experienced young people continues to evolve partnerships with a huge range of organisations, both statutory and voluntary. Investing in these fftlationships over years - sometimes through staff changes in other organisations - has resulted in many young people experiencing our staff as consistent adults, and has enabled that bridge to our long term work. Our dirertor continues to attend the health, social care and wellbeing forum run by SCVS, and our volunteer coordinator has been connecting with other volunteer leaders across Swansea and south Wales through SCVS and WCVA as well as her own initiative. and snowballing from those connertions. Our outreach worker support5 Other organisations as they arrange oUr'tding, workshops, which are often supporting people facing challenge5. We love looking outwards and doing our best to ensu that the way we do clrcus can be of benefit to as many people as possible, whllst still retaining the quality and community of our core work. This leads nicely onto 'funding kitchen,! That's our peer supr4)rt group, open to anyone in Swansea fftsponsible for fundrnising for a nonprofit,. we meet approximately quarterly. At our regular gatherings we consider various topics depending on group interest, and engaged in crucial peer support. We move venues, using various locations. This was initiated and Is held together by Circus Eruption but is peer led and run, and Is a crucial part of several fundraiser's diaries locally now. M05t of us run very small charities and are also the directorlCEO as well as main fundraiser. Achievements and performance CHRONOLOGICAL HIGHLIGHTS OF SEPT 2024- AUGUST 2025 There'5 always much to celebrate and this year was no exceptionl Whilst the central feature and focus of our work is always our long term funded projects, around and within these are variou5 notable moments. Staff and Tru5tee5 began thi5 year with our third 'away' away day in early Septemberl We were fortunate that the new owners of Glansevin Mansion, Llangadog, were willing and able to support us by allowing us to use their wonderful self caterlng space at a significant discount as'charity partners,. With a few fftmote Trustees, havlng everyone In the same place was once again a great opportunity for all of us to plan and plot for the year, strategise, get excited about everythlng we were planning, and get to know one another better. It was also good for a very hardworking small staff team to relax a bit. Mid September always sees the restart of our regular circus workshops - Junlor Clr¢u$, Youth Clrcus and Bubble ¢Iu$ after the summer break. Numbers were once again up at the start of the year and we were delighted to welcome everyone back and Introduce new members of the groups too. November highlights included started our trio of Christmas parades at Swansea and GOelonI We bring various projects together at parades and it's an exhausting, exhilarating experience for all concerned - all the Cf P ab501utely amaze us with their tenacity and sparkle every year lit 5 hard to be on Stilts for four hours, for example!). Behind the scene5 there'5 a lot of battery testing for the Ilght up equipment, but it s all worth itl The building was also hired for the third 'AII About Hats, symposium - an unique couple of days of all things performance 3nd skills related, connerted to circus hatsl December we contlnued to be busy with workshopsi projects, and tralnlng (including youth work tralnlng, Inclusionlparticipation training, neurodiversity training) and the Cwmbwrla parade, a wonderful local event. January 2025, all projects restarted after the Christmas break, and heating works cracked on 3pacel As It's a quiet month, let's remember that our volunteers work YEAR ROUND, particularly Including making Youth, junior and Bubble Circus possible, and also we have a few faithful volunteers who come weekly year-round to tend to our outside spaces, Including memorial garden and planter5. We really appreciate ALL of their incredible effort5 we literally couldn't do it without theml 'Love Circus. was the highlight of February. with people of all age5 coming in over two afternoons to enjoy trying something new and having loads of circus funl .CONTINUED Page 5
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued In March, Karen and Amanda (director and development worker) loved attending the UK Youth 'staff residential,, where they met many of their fellow grant recipients, and ran a workshop introducing circu5 and exploring the ways Eruption meet5 Wale5 5 pillars of Youth Work,, which afft Empoweringi Expressive, Educative, Inclusive and Participative. We also ran a short ski115 workshop as part of this, and even ended up teaching skills in an impromptu session later on in the eveningl It as brilliant to learn from and shafft with others in the youth work fielL1 from all across the UK. Volunteers enjoyed thelr resldential, once again at a bunkhouse, and had a great time with some tralnlng, and a lot of relaxing, a fair bit of circus, and some lovely walks, once again volunteer ledl In Nay, the YP resldentlal took place on Gower once again; always a highlight of the young people's yearl It's somehow always transformative,. an opportunity for friendships to form or strengthen and for the group to gel. For some young people this is their first or only opportunity to be away from home. We actively include Junior Circus, who vi51t for 4 hour5 on the Saturday, and as always there was a LOT of prep, amazing food, lifetime memories, a 'midnight' walk, fire tTrining and fire skills, and unbelievable sleep deprivation for some of the incredible staff and volunteers who make it possible, and love it tool Like everything else, the resldential is always free to attend and we pmvide transport if needed. May was busy as it also included once more at the behest of a large number or the young people in our Youth Circus, participation in the Swansea Prlde parade as Clrcu$ Eruptlon, which we gladly agree to facilitate and support. Whilst this Is a classic example of young people in the lead lin LGBTQ+ YP and allies driving this happeningl- It also meant a lot to a number of our volunteers and Staff, some of whom have been part of Eruption for a long time and can acutely recall different times, when it would have been unimaginable that they could have participated in a Pride parade a5 Eruption. Our YP do love a parade but this one meant a lot to many of them, and we We IntdiblY proud once again not just of those who led the charge, but also of the large number of allies who are equally proud to stand wlth them. For the third tlme, in June, Circus Eruptlon rnn games and workshops In the 'Green Klds. and 'Theatre and Clr<us' flelds at Glastonbury Fe$tlval. This is an extraordinary opportunity for our staff and volunteers to volunteer In a very different environment - to engage new audiences with Circus fun to leam and to communicate with a wide range of people, and to share a unique experience. We provided training and briefing beforehand and support throughout, including from seasoned, expenenced practitioners. Several Eruption people have engaged in this work previously with a partner organisation and so the transition to Eruption in the lead has been smooth and well managed, and everything went brilliantly again thls year. We hope and anticipate that this will continue to be a fixture In our calender for years to come. June wa5 also voluntary sector conference season 111. with our director and volunteer coordinator attending the national 'Gofod3' event run by the Wales Council for Voluntary Action at the Cardiff City Stadium, and the Swansea Council for Voluntary servi member's event later in the month. Julv/August tend to be busy wlth tradlng workshops - although thls Is a busy tlme, they also represent hSghlSghts for our teaml For example, we took a large team to the National Play Day once again always great fun, with around 3000 attendees again this year! I We often meet children and young people at these event5 who benefit from joining us in the upcoming September intake. too. Community Centres, festivals, fun days, dedicated workshops for groups facing challenges, church fete5, you name it.. We also loved celebrating founder, volunteer, former Trustee and all round playlparticipation/inclusion guru Phill Burton for his 70th birthday in our building in early August lafter a swim in the sea earlier In the dayll. Loads of circus, loads of people from the many and v3rious projects and people he s inspired and been Inspired byl And, of course, by consistent order of Phill, puppets. We really appreciate his presence, the way he's handed over the reigns but supports, trains, works for us when we need him, and cheerleads for us 311 the time. Diolch, Philll And we ended the year with another successful'Love Circus,, with loads of people flooding the space for circus fun two mornings runningl It's a great'shop window,, enabling people to pop in and have a go, and a lot of fun for all. And then we look ahead to the coming year as it rolls around again! SORP QUESTIONS - SUMMARY OF IMPAcf AND REACH As a tier I charity, we are required to provide a summary of their main achievements (see above) and address two core que5tion5'. l. In what way has the charity's work made a difference to the circumstances of its beneficiaries? Our beneficiaries increase in confidence. resilience and a sense of belonging. For some, the friends and fun they have at Circu5 Eruption are unrivalled elsewhere a5 a result of variou5 challenge5. Our monitoring and evaluation framework enables us to track increases in social interaction, motor skills, confidence, communication with peers, communication with adults, and extemal feedback {from parentslcarers, and external professionals) consistently validates our observations. We Iso gather Information from the children and young people we wodc with which corroborntes these imparts. 2. Has the charlty's work provlded any wlder beneflts to so¢lety as a whole? This Is hard to quantify, and isn't part of our charitable objects, but we're happy to respond as we hope and expect that our work has a far-reaching Impact beyond our workshops. .CONTINUED Page 6
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued Our tTrding work, and partnership project5 like the development project for care experienced young people lin particularl see u5 taking inclusive circus into a huge range of extemal circumstance5, ranging from fun days, through workshops with groups facing specific challenges, to specific theftputic intervention5 With individual families or specific childrenlyoung people. The impacts we see over time in our long term project5 are often replicated and definitely circus workshops are always a lot of fun, so opportunities for the mentsl health benefits of social circus afft always there. We are also the custodlans of a heritage building, and due to our presence In contexts Ilke the Herltsge Network, we not only gain useful Infom13tion but also inspire others to take on or keep going with heritage building projerts, even If that's not part of their objertives - these buili1ings have such incredible re-use potential, and we're living proof. Alongside this, we are relentless collaborators with others in the sector. through our volunteer coordinator, trading, development work with CYP who are care experienced, and 'funding kitchen, as well as active membership of CWYVS, SCVS, WCVA - we love communicating with and encouraging Othe in our sector. We hope and expect that this has a positive effect. One of our'Love Circus. weeks was run in partnership wlth Swansea Clty of Sanctury and Included an exhibition all about asylum seekers and refugees, and we hope that this enabled some who came Just for circus fun to understand more of the context of people seeking sanctuary here. STAFFING, VOLUNTEERS, GOVERNANCE AND FUNDING A staff member left In May 2025, leavlng 6 staff1sE total across the yearl, achlevSng excellent things for those we work with. We are staffed by: Director130hrsl Co-youth Circus Coordinator/Admin (two part time roles undertaken by I person) Second Co-youth Circus Coordinator (left employment May 20251 Oulreach worker (largely responsible for organising external workshops, as well as co-delivering them and deputising on all circus project51 Development worker {on the'care experienced, CYP project - also works on Some policy/strategy task51 Volunteer Coordinator Building Manager The team have contlnued to work well together and Independently anij have been supported by a trustee book-keeper, a freelance payroll arrangement, a constructive and supportive team of trustees and a committed group of volunteers. This year, we had a total of 54 volunteers signed up, achieving a grand total of 3210 hours of volunteering - largely on our circus workshops, but also supporting us with work on our garden, building, and events. Our thanks to all who have dedicated time to making Circus Eruption work this year. We have continued to occasionally call on a bank of trained sessional workers when required so that we have the capacity to keep up with the demand for fee paying workshops. Fundin9 Our junior Circus and Youth Circus projects were funded through a patchwort< of funding, including an emergency grant from the local Austin Bailey Foundation, redirected funding from the Herefordshire Community Foundation, a grant from CWVYS, and most of an unrestricteL1 Postcode Community Trust grnnt. Our development work with children and young people who are care experienced or on the edge of care continued to be funded by the Regional Integration Fund / West Glamorgan Partnership (formerly ICF). Again from WCVA, our main grant fully funded our Volunteer Coordinator on their Volunteering Wales programme. This meant continued our volunteer coordinator post, as this funding ran til March 2025 - and we rnn a volunteer residential again. We continued the post with unrestricted funding after March 2025, as It's a crucial part of our work. Our amazing, unrestricted 'Thriving Minds, grant from UK Youth continued this year. This grant, in partnership with the Julia and Hans Rausing Trust and with support from the Westminster Foundation, is a three year UnSErICted grant intended to support positive mental health outcomes, and to provide a package of funding, networking and support,. there's a recognition that youth work and being 'trusted adult5, is crucial for young people. We have appreciated the lational approach, the support, the SIdential and, of course, the 3 year funding package. Swansea Council COAST funding enabled us to run Love Circu5. Our SCVS SPF grant enabled u5 to run a training course throughout the whole of 2025 to'trèin tTriner5' in inclusion I participation, which we've been trying to find funding for for a few years. It was amazing to finally be able to run that, to embed inclusion/participation principles alongside our practices and also with a view to developing another income stream through being able to train externally In future using participative, engaging methods. It also supported us with structure, governan. and process deep dives a al investment in our long term future. .CONTINUED Page 7
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued In terms of capital funding, we are gTrteful for the two grants we've received from Swansea Councll directly under their SPF schemes. We were SO pleased to finally install heating, and have our unused spaces repaired and a feasibility study about them (feasibility report researched and written by Urban Foundryl. The capital elements of this were also supported by Cadw. Community Facilities and the Pilgrim Trust. These three are all repeat funders,. the work on our building is also an investment in our long term future and we are so grateful for thelr crucial support. Financial review During the year the charity's total income was £426,417 12024 - £338,962), with total expenditure on Charitable activities in the year of £423,333 12024 - £326,553). The Charity's net income ftir the year amounted to £3,084 12024 £12,409). Total restricted Income for the year amounted to £333,257 12024 - £210,776). These funds were recelved from a range of grant-making bodies and organisations including Swansea Council, WCVA, National Lottery Awards for All, Moondance Foundation, West Glamorgan Regional Partnership IRIFI, CADW and other project funders. Restricted funds were expended In accordance with the conditions attached to the funding, Including salaries, projert delivery costs, restoration works and agreed overheads. Any unspent restricted income has been carried forward for expenditure in future periods in accordance ith funding conditions. The total restrirted funds at the year end amounted to £33,87012024 - £30.200). The total unrestricted funds at the year end amounted to £76,315 12024 - £76,901). The trustees consider free reserves to be unrestricted funds excluding designated funds and tangible fixed assets. The total free reserves at the year end amounted to approxlmately £73,315 (2024 - £66,409). INVESTMENT POUCY Under the memorandum and articles of assoclation, the charlty has the power to make any nVestment which the trustees see fit. The charity has a policy of keeping surplus liquid funds In short-term deposits which can be accessed readily. RESERVES POLICY Circus Eruption aims to keep 3-6 months of running costs, plus a dedicated sum In case of emergency requirements to the building. The pollcy will be reviewed annually or when slgniflcant changes occur In the organisation. RISK MANAGEMENT The trustees have examSned the major risks to whlch the charlty is exposed, In particular those related to the organlsatlons and fInanS of the charity, and are satisfied that systems are In place to mitigate our exposure to the major risks Plans for future perlod$ THE FUTURE Our objectives for the year 202512026 are to.. Continue our four central Integrnted circus workshop proJerts, with a focus on those facing challenges, to ensure quality of delivery and impact, continuing to ensure children and young people are central to all projects and developments. Research and develop additional sources of revenue income for the charity, with a view to inCa$lnQ our reserves to ach our aim of 3-6 months runnlng costs plus an emergency bullding works fund. Revise our charltable objects to Include adults. In addltion to our core work of supporting children and young people. Collabordte, partner and remain generous In our approach to wod£ing with others, to maximise positive Impact for Ensure any growth is modest, and that plans a alIstIC, achievable, within our means, and that our staff, board and volunteers are equipped to deliver. These objectives match last year's {with an added point about objects),. they're laryely about 5U5taining our work, participation. governance, and ensuring that growth 15 in proportion to capacity. ensuring quality and long term sustainability. .CONTINUED Page 8
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Significant Activities - continued We remain in a context where wellbeing. inclusion and sustainability are highly valued, not least as a result of the Wellbeing of Future Generation5 Act (Wales, 2015). At the same time, the cost of living crisis has had a direct impact on our work- funding is demonstrably more precarious aeross the board, and so it s, a good time to be developing additional income streams, and seeking to continue existing projects rather than aiming to grow. As an inclusion charity with an inherently sustainable building, we feel well placed to serve and support people long term. The grnnt funding landscape is InCa51n91Y challenging, we are focussed on ensuring that we don't overreach, and that we maintain a healthy diversity of Income streams. We are a circus inclusion project, and circus and theatre arts will always be a central feature of our work. Our main space lend5 Itself to that,. it's beautiful - and extremely theatrical! Alongside this, we have the opportunity to work with others to develop or facilitate new projett5 and ideas according to what is most needed and wanted to redutr stigma and i501ation. We feel that Circus Eruption and our building have'secured one another's future,. and we look forward to continuing and extending our 35 year legacy of creating an incluslve and welcomlng atmosphere which enables people to build confldence and resilience, be part of something, and have fun. Publlc Beneflt Circus Eruption exists to advance the education and development of childfftn and young people thmugh participation in circus arts and related activities. The charity provides Inclusive opportunities designed to Improve confidence, resilience, social internrtion and wellbeing, particularly for those who may otherwise exper1ern disadvantage or exclusion. The charity s activities are open to children and young people from all backgrounds and abilities. Trustees seek to ensure that financial or social barriers do not prevent participation and, where p055ible, subsidised or funded places are provided to support accessibility and inclusion. The trustees believe that the charity's activities provide clear public benefit by promoting inclusion, participation, personal development and community engagement amongst children and young people. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission s guidance on public benefit. Additional Note Circu5 Eruption is managed by a board of trustee5 numbering no less than 3 unlated persons, Wlth the day to day running carried out by staff who undertake roles including running activities and workshop5, development, management, volunteer coordination, administration, outreach facilitie5/building oversight. Volunteers support our circus workshops, and our buildinglgarden upkeep. The young people play an active role in planning ctlvltles and declding the future development of their circus workshops and the organlsatlon more wldely. Reference and Admlnlstratlve Detslls Trustees Ms Caitlin Burton (appointed 31103120251 Ms Naomi Richards lapp)Inted 3110312025) Ms Amy Smith Mr Joe Moriarty Mr Stephen Hanbury (resigned 09102120261 Mr Alfred Stroud Mr Fawwaz Alajmi lappointed 31103120251 Mr Thomas O'Brien (resigned 31103120251 Ms Samantha Etheridge (appointed 31103120251 Ms Victoria Sellwood (resigned 0610912024) Ms Victoria Sellwood (appointed 17102120251 Mr Benjamin Hyde Charlty Number 1063928 Page 9
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Company f4umber 03278236 Registered Office Clearway Accounting Limited 167-169 Gat Portland Street London WIW SPF Independent Examlner Christopher Pavett FCA Clearway Accounting ICAEW 167-169 Great Portland Street London WIW SPF Page 10
Circus Eruption Trustees, Report (continued) For The Year Ended 31 August 2025 Small Company Rules This report has been prepared in accordance with the special provisions relating to companie5 subject to the small companies ime within Part 15 of the Companies Act 2006. The trustees, report was approved by the board of trustees and signed on its behalf by.. Ms Victoria Sellwoc Trustee 2910512026 Page 11
Circus Eruption Independent Examiner's Report to the Trustees of Circus Eruption For The Year Ended 31 August 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025. Responsibilities and Basis of Report As the charity trustees of the Company (and also its dirertors for the purposes of company law), you are responsible for the prepaTrtion of the accounts In accordance with the requirements of the Companies Art 2006 1.the 2006 Act?. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts a5 carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. Ln carrying out my examination I have followed the DirectlOn5 given by the Charity Comrni55ion under section 145151 Ibl of the 2011 Act. Independent Examlner's Ststement Since the Company's gross Income exceeded £250,000 your examiner must be a member of a tM)dy listed in section 145 or the 2011 Act. I confirm that I am qualified to undertake the examination tecause I am a member of The Institute of Chartered Accountants in England and Wales. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. l. accountlng records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. or 4. the accounts have not been ppad in accordance with the meth($ and prlnclples of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I h3ve no concems and have come across no other matters in connection with the examin3tion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Christopher Pavett FCA 2910512026 167-169 Gat Ptsrtland stet London WIW SPF Page 12
Circus Eruption statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 August 2025 2025 2024 Unrestricted Restricted funds funds Total funds Tot31 funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. 30,440 317,893 348,333 275,891 Circus Workshops other tradlng actlvlties Investments 32,154 3,538 168 15,364 47,518 3,538 168 57,296 258 other 26,860 26,860 5,517 93,160 333,257 426,417 338,962 EXPENDITURE ON: Raising fund5 Charitable activities.. (11,5901 Clrcus Workshops 1145,3711 (277,9621 1423,3331 1314,9631 1143,5521 {279,78LI 1423,3331 1326,5531 NET INCOME 150,3921 53,476 3,084 12,409 Transfers between funds 18 49,806 (49,8061 NET MOVEMENT IN FUNDS (5861 3,670 3,084 12,409 RECONCILIATION OF FUNDS: Total funds brought forward 76,901 30,200 107, LOI 94,692 TOTAL FUNDS CARRIED FORWARD 18 76,315 33,870 110,185 107,101 The notes on pages 16 to 23 form part of these financial statements. Page 13
Circus Eruption Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 August 2025 2024 Unrestricted Restri¢ted funds funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. 65,115 210,776 275,891 Circus Workshops Investments 57,296 258 5,517 57,296 258 5,517 Other 128,186 210,776 338,962 EXPENDITURE ON: Raising funds Charitable activities.. 111,5901 111,5901 Circus Workshops 181,8371 1233,1261 1314,9631 193,4271 1233,1261 1326,5531 NET INCOME 34,759 122,3501 12,409 Trnnsfe between funds 18 135,9581 35,958 NET MOVEMENT IN FUNDS 11,1991 13,608 12,409 RECONCILIATION OF FUNDS: Total funds brought forward 78,100 16,592 94,692 TOTAL FUNDS CARRIED FORWARD 18 76,901 30,200 107,101 The notes on pages 16 to 23 form part of these financial statements. Page 14
Circus Eruption Balance Sheet As At 31 August 2025 2025 2024 Unrestricted Restricted funds funds Total funds Total funds Notes FIXED ASSETS Tangible Assets 12 106,492 106,492 109,039 106,492 106,492 109,039 CURRENT ASSETS Debtors Cash at bank and in hand 13 5,476 55,200 5,476 89,070 23,330 51,242 33,870 60,676 33,870 94,546 74,572 Creditors: Amounts Falling Due Within One Year 14 19581 (9581 19,0101 NET CURRENT ASSETS (LIABILfTIES) 59,718 33,870 93,588 65,562 TOTAL ASSETS LESS CURRENT LIABILITIES 166,210 33,870 200,080 174,601 Creditors: Amounts Falling Due After More Than One Year 15 189,8951 189,8951 (67,5001 NET ASSETS 76,315 33,870 110,185 107,101 FUNDS OF THE CHARITY Restricted Funds 33,870 76,315 30,200 76,901 Unrestricted Funds TOTAL FUNDS 18 110,185 107,101 For the year ending 31 August 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 lating to small companies. The member5 have not required the company to obtain an audit in accordance with section 476 of the Companie5 Act 2006. The trustees acknowledge their sponSIbl11t1eS For complying with the requ1MentS of the Act with spect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provlslons applicable to companles sublert to the small companles regime. On behalf of the board Ms Victoria Sellwood Trustee 1110512026 The notes on pages 16 to 23 form part of these financial statements. Page 15
Circus Eruption Notes to the Financial Statements For The Year Ended 31 August 2025 l. General Informatlon Circus Eruption Is a company limited by guarantee, Incorporated in England & Wales, registered number 03278236 and gistered charity number 1063928. The registered office Is Clearway Accounting Limited, 167-169 Great Portland Street, London, WIW SPF. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP IFRS 102} Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iland IFRS 1021 (effective I January 20191" Financial Reporting Standard 102 The Financial Reporting Standard applicable In the UK and Republic of Ireland and the COmnieS Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources Income is fftcognised when the charity has entitlement to the funds, any performance conditions attached to the Income have been met, It is probable that the Income will be received and the amount can measured reliably. Donations are recognised when recelvable. Gift Ald Is Included when the charity becomes entitled to the repayment. Gnnt Income Is CognISed when the charity has entitlement to the funds and any conditlons attached to the gnnts have been met. Income from charitable activities is recognised in the period in which the related services are pmvided. Donated goods are recognised at falr value when received. Donated professlonal services and donated facilltles are recognised where the benefit to the charity can te measured reliably. No value is included in the accounts for the contribution made by general volunteers. 2.3. Resources Expended Expenditure is recognised when there Is a legal or constructive obligation committing the charity to the expenditu, it Is probable settlement will be required and the 3mount can be measured reliably. All expenditure Is accounted for on an accruals basis and includes irrecoverable VAT. Costs of ralslng funds comprlse the costs associate*J wlth fundraislng actlvities and trnding activities undertaken to generate income for the charity. Expenditure on charitable activities comprises those costs Incurred In furtherance of the charity's objects, Including support costs and governance costs allocated to charitable activities. Costs are allocated between expenditu categories on a basis designed to reflect the use of the resource. Direct costs are attributed directly to the relevant attivity and support COSt5 are apportioned on a asonable. con515tent and jUStifiable basis. 2.4. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. DePCIatIOn 15 provided at rates calculated to write off the c05t of the fixed a55ets, less their estimated sIdUal value. over thelr expected useful Ilves on the followlng bases.. Freehold Plant & Machinery SO years straight line basis 25Qkn straight line 2.5. Cash and C?$h Equlv?lents Cash and cash eouivalents are basic financial assets and include cash in hand and deposits helL1 at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with Insignificant risk of change In value, and bank overdrafts. Income from Donations and Legacies Page 16
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 2025 Unrestricted Restricted Total funds funds funds Donations and gifts Grants 5,440 25,000 7,190 310,703 12,630 335,703 30,440 317,893 348,333 2024 Unrestricted Restricted Total funds funds funds Donations and gifts Grants 7.115 58,000 7,115 268,776 210,776 65,115 2LO,776 275,891 The following donations and legacies are included within the total income from donations and legacies above.. 2025 Unrestricted Restricted funds funds Total funds Donations 5,440 7,190 12,630 2024 Unrestricted Restrirted funds funds Total funds Donations 7,115 7,115 The following grnnts are included within the total income from donations and legacies above.. 2025 Unrestricted Restricted funds funds Total funds City and County of Swan*a - COAST scvs 2,364 2,364 cwyvs City and County of Swansea SPF Pilgrim Trust West Glamorgan Regional Partnership IRIFI Moondance Foundation 185,876 185,876 12,828 14,196 13,750 12,828 14,196 13,750 WCVA Volunteering Wales We15h Government Austin Bailey Foundation Postcode Community Trust Asda Foundation 25,000 25,000 The Environment Centre steps to Sustsinabllity National Grid - Local Giving UK Youth Grant Alan Evans Fund - Youth Volunteering 5,000 5,000 .CONTINUED Page 17
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 Austin Bailey Bubble National Lottery - Awards for All Blg Glve Bubble CADW 917 917 20,000 5,000 2,317 1,000 1,275 20,000 5,000 2,317 I,OOD 1,275 Residential Fund - Peter Black Youth Leadership Grant 25,000 264,523 289,523 2024 Unrestricted Restricted funds funds Total fund5 City and County of Swansea - cOT scvs cwyvs 4,700 36,500 4,287 41,472 25,000 27,794 19,067 25,000 52,875 7,460 4,700 36,500 4,287 41,472 25,000 27,794 19,067 25,000 52,875 7,460 25,000 1,200 5,000 1,200 5,400 33,000 City and County of Swansea SPF Pllgrlm Trust West Glamoryan Regional Partnership IRIFI Moondance Foundatlon WCVA Volunteering Wales Welsh Government Austin lIeV Foundation Postcode Community Trust Asda Foundation 25,000 1,200 5,000 1,200 5,400 The Environment Centre steps to sustainability National Grid - Local Giving UK Youth Grnnt Alan Evans Fund - Youth Volunteering Austin Bailey Bubble Natlonal Lottery - Awards for All 8ig Give Bubble CADW Residential Fund - Peter Black 33,000 Youth Leadership Grant 58,000 256,955 314,955 4. Income from Other Trading Activities 2025 2024 Unrestrlrted Unrestrirted funds funds Income from other trading activitie5 Sale of donated and bought In goods Letting and licencing arrangements 1,200 268 2,070 3,538 5. Investmert Income Page 18
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 2025 2024 Unrestricted Unrestricted funds funds Bank interest receivable 168 258 6. 1)ther Income 2025 2024 Unrestricted Unrestricted funds funds Rental and other income from property Insurnnce Claims 3,790 1,727 26,860 26,860 5,517 7. Net Income/(Expenditure) The net income is stated after charying/lcreditingl'. 2025 2024 Depreciation of tangible fixed assets - owned 2,547 3,171 Analys1$ of Expendlture 2025 Activities undertaken dlre¢tly Support costs (see note 91 Total Circus Workshops 28,958 394,375 423,333 2024 Activities undertaken directly Support Costs (see note 91 Total Raising funds Circus Workshops 11,590 140,001 11,590 314,963 174,962 151,591 174,962 326,553 Page 19
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 9. Support Costs 2025 Circus Workshops Employee costs Premises expenses General administration 158,558 190,606 45,211 394,375 2024 Circus Workshops Employee costs Premises expenses General administration 152,096 6,958 15,908 174,962 LO. Staff Costs staff costs were as follows.. 2025 2024 Wages and salarles Other pension costs 139,152 7,812 131,987 7,053 146,964 139,040 No employees received employee benefits (excluding employer pension c05tsl for the reporting period of more than £60.000. Ll. Average Number of Employees Average number of employees during the year was.. 5 12024.. 1 L2. Tangible Assets Land & Property Freehold Plant & Ma¢hlnery Total Cost at I September 2024 110,930 20,315 131,245 at 31 August 2025 LIO,930 20,315 131,245 .CONTINUED Page 20
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 Depreciation As at I September 2024 Pmvided during the peri(x 2.219 2,219 19,987 328 22,206 2,547 at 31 August 2025 4,438 20,315 24,753 Net Book Value at 31 August 2025 106,492 106,492 As at I September 2024 108,711 328 109,039 13. Debtors 2025 2024 Due within one year TTrde debtors 5,476 22,482 Other debto 5,476 23,330 14. Creditors: Amounts Falling Due Within One Year 2025 2024 other credltors 4,666 4,344 Accrua15 and deferred income 958 958 9,010 15. Creditors: Amounts Falling Due After More Than One Year 2025 2024 Other loans 44,395 45,500 16,000 51,500 other credltors 89,895 67,500 16. Loan$ An analysis of the maturity of loans is given below- 2025 2024 Amounts falling due between one and five years.. Other loans 44,395 16,000 17. Pension Commitments The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an Independently adMinisted fund. During the year the charye to the statement of financial activities in respert of defined contribution schemes was £7.812 12024.. £7,053). At the balaTr Sheet date contributions of £NIL were due to the fund and are included in creditors. Page 21
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 18. Movement In Funds Asatl September 2024 Asat31 August 2025 Income Expenditure Transfers Unrestrlcted funds General.. General unrestrirted fund 66.409 68, 160 {121,5521 60,298 73,315 Designated.. Buildlng Improvement fund Postcode Community Trust 10,492 110,4921 25,000 (22,0001 3,000 10.492 25,000 (22,0001 110,4921 3,000 Totsl unrestricted funds 76,901 93,160 1143,5521 49,806 76,315 Restrlcted funds scvs 16,030 897 (16,0301 Pilgrlm Trust West Glamorgan Regional Partnership (RIFI WCVA Volunteering Wales Austin Bailey Foundation - Bubble Circus WCVA Third Sector Resilience Fund (8971 16,8851 {3951 1301 2.864 1,656 16 25,656 L3,750 917 (19,8041 (15,0111 19031 13,1191 iiooi 110,6471 15,3751 12,7781 17,6801 11,7941 12,0191 (161,9311 (16,7841 1601 14,5001 (11,2461 1,831 8,737 5,618 300 3,549 6,815 2,222 12,320 City and County of Swansea COAST Moondance Foundation Big Give Bubble Alan Evans Fund Youth Volunteering Awards for All (National Lottery) CADW 400 14, 196 12,190 5,000 20,000 30, 192 1,000 170,849 33,332 1,275 4,500 128,3981 1,019 18,9181 116,5481 Residential - Peter Black SPF Heating SPF Transforming Counties Youth Leadership {Parade Costumes) CCS Childrn and Youth 1,215 Building Works Eady 24 11,246 Total restricted funds 30,200 333,257 (279,7811 149,8061 33,870 Total funds 107.101 426,417 1423,3331 110,185 Asatl September 2023 Asat31 August 2024 Income Expenditure Transfers Unrestrlcted funds General.. General unrestricted fund 78,100 117,694 193,4271 135,9581 66,409 .CONTINUED Page 22
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 Designated.. Building improvement fund 10.492 10,492 Total unrestricted funds 78.100 128, 186 193,4271 135,9581 76,901 Restricted funds SCVS 623 36,500 25,000 27,794 25,000 7,460 (21,0931 (22,5431 125,9311 (25,3751 17,6041 16,030 897 Pilgrim Trust West Glamorgan Regional Partnership IRIFI WCVA Volunteering Wales Austin Bailey Foundation - Bubble Clrcus WCVA Third Sector Resilience Fund 11,5601 1,003 1.433 342 8,737 121 598 2,864 1,656 16 8,737 (1821 City and County of Swansea COAST CWYVS 4,700 4,287 23, 168 L9,067 25,000 1,200 5,000 1,200 5.400 14,7001 14,2871 130,5421 (19,0671 (52,8751 11,2001 15,3021 11,2001 15,4001 iiooi 13,5001 12,4071 City and County of Swansea - SPF Noondance Foundation Welsh Govemment 7,374 27,875 Asda Foundation The Environment Centre 302 steps to Sustainability National Grid - Local Giving National Lottery Heritage Fund Herefordshire Community Foundation WCVA Catalyst loo 3,500 2.414 171 Total restrl¢ted funds 16,592 210,776 (233,1261 35,958 30,200 Total funds 94,692 338,962 1326,5531 107,101 19. Transactions with Trustees None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previou5 year. No trustee expenses have been incurred. 20. Related Party Dlsclosures There have been no related party transactlons In the reporting period that require dbscl0su. 21. Company limited by guarantee The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company* in the event of a winding up, such an amount as may be required not exceeding £1. 22. Prlor Year Adjustment Page 23
Circus Eruption Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 During the year the trustees Identified that gnnt Income amounting to £46,179 had been recognised within debtors and restricted income in the prior year financial statements before the recognition criteria under FRS 102 and the Charities SORP had been fully met. The comparative figures have thefOre been restated to remove the associated debtor and related restricted income from the prior year financial statements. The income has subseouently been cognised in the current year when entitlement arose and the related funds were recelved. The effect of the adjustment wa5 to reduce restricted income and total funds carried forward at 31 August 2024 by £46,179. Page 24
Circus Eruption Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 August 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donatlons and lega¢les Donations and gifts Grants 12,630 335,703 7,115 268,776 348,333 275,891 Charltable Artlvltles: Clr¢u$ Work$hop$ Income from charitable activities 43,018 4,500 57,296 Youth Clrcuses 47,518 57,296 Other trading activities Income from other trading activities Sale of donated and bought in goods Letting and licencing arrangements 1,200 268 2,070 3,538 Investments Bank Interest receivable 168 258 168 258 other Rentsl and other income from property Insuran Claims 3,790 1,727 26,860 26,860 5,517 426,417 338,962 EXPENDITURE ON.. Ralslng funds Seeking donations, grants and legacies (11,5901 (11,5901 Charitable Activities: Circus Workshops Purchases Subcontrèctor cost5 {6161 15,3901 120,2151 13,9651 {12,7691 1116,7681 13,0931 19521 12,2191 12351 1131,9871 17,0531 15941 .CONTINUED Repairs, renew31$ and maintenance Support and administfttion costs Oepreciation of plant and machinery DeplatIOn of fehOld land and property Bank charges Wages and salaries Employers pensions - defined contributions scheme Recrultment costs {3281 12,2191 (1901 1139,1521 17,8121 (4321 Page 25
Circus Eruption Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 August 2025 Staff tnlning Travel and subsistence expense5 Travel expenses Rent 14,5171 15,9931 {6521 {1501 16, 1051 1169,1781 115, 1731 (211 14,5121 {451 11,6291 13,4221 135,5711 11,4961 1,485 17,4351 15,0271 Light and heat Repairs and maintenance other premises costs Repairs. renewals and maintenance Insuran 16,9581 14,0731 1221 11,2901 12,7901 14,8051 11,5371 11,3911 stationery Telecommunications and data cost5 Accountancy fees Consultancy fees Subscriptions Sundry expenses 1423,3331 1314,9631 1423,3331 1326,5531 NET INCOME 3,084 12,409 Page 26