PUBLI CYHO EDDUS CHARITY COMMISSION FOR ENGLAND AND WALES Trust••s' annual r•port (Inoludlng Dir•otors' r•port) for th• p•riod From 1 Aprll 2024 to 31 March 2026 Charity nam•: Bombasti¢ Limit•d Charlty r•glstratlon numb•r: 1121380 ObjectIv and Activlties SORP relerenf* Summary ofthe purposes of the charity as set out in its governing document ara 1 17 To advance the education of the publi¢ in he art of dance theatre, new media perfomiances and workshops primarily amongst young people in INales, partularlY to regions deemed priority areas b the Illelsh Government. • Creatlon of theatrical and digltal projects for young people exploring the interface between live arts and digital arts. Project linked educational workshops in schools and communities. Creation of digital educational products to assist children and teachers with creative learnin tools. The trustees have had regard to the guidance issued by the Charity Commission on public benefrt. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. ornl.178nd1 19 statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Porn 1.18 Additional inforniation (optional) You may choose to include further statements where relevant about: SORP ref8rene• Policy on ranl makin Policy on social investment including program related investment Contrfbution made by volunteers other Para 1 38 nla Pll 1.36 nla fn 1.38 nla nla Achièvements and Pèrformanc• SORP Tefer¢n Summary ofthe main achievements of the charity. identifying the difference the charity's ork has made to the Circumstances of its beneficiaries and any ider beneffts to society as a whole. In the financial year 2024125 Bombastic ontinued to expand our innovative work ith digital media for young people in ales with DIGI TREATS 2. The digital project production activity was completed by Feb 2024 and continued to be Scrned, iew and shared on online platforms. ne of our overriding aimslobjectives was o start to produce bilingual content for Para 1.20
social media platforms, alongside YouTube, o expand the creative possibilities for Bombastic's work with young people from ales aged 7-16 years old on the creation f new comedy Created with and for young people in Welsh, English and bilingually for oung people in Wales and the World. worf(ed across social media platforms (INSTAGRAWIK TOK and YOUTUBE) nd significantly developed our presence nd visibility in the digital world. We ccumulated on our social media plafforms, he combined viewina figures of 153,350 iews and over 28,480 likes. In 24-25 The company created a new live interactiveloutdoor work for families in 024. BOMBAS AIRWAYS, a commission by Articulture, was performed 13 times in Rural and urban settings in Wales (Porthcawl, Newport, Mold, Risca, Machynlleth, Llanelli) with over 2000 udiences interacted with the show, and the how will perform in further venues, stivals in 202512026. e were successful with a postcode lottery mmunity grant in 2024 to deliver a series f creative workshops in East Cardiff and Bombastic intends to deliver more FREE reative workshops in our home area to oung people ages 7-16 and continues the rganisation's grassroots creative work in ur company base in East Cardiff. Summary: 2024125 saw a significant volution in the company's objectives hrough exploring the possibilities and usion between creating work with and for oung people in Wales and digital arts. The mpany continued to create high quality nd engaging bilingual digital content that massed more than 153,350 views and ver 28,480 likes and has encouraged ombastic to further develop our ollaborative digital work with young people n 2025 and beyond. Bombastic also re-ignited our family o¢ussed outdoor work with BOMBA irways and the company plan to extend utdoor, inter-active work with future touring f both BOMBA aipNays and future new orks for young people and families. Bombastic have continued to develop and xtend young people's creative pportunities to work with Bombastic in East Cardiff. Additional information (optional) You may choose to include further statements where relevant about: chievements against objectives set Performance of ndraising activities against objectives set Investment perfomance ainst objectives Pgra 1.41 nla P0 1.41 nla P¥8 1.41 nla
Other nla Flnancial Review Review of the charity's Inancial position at the end of the period Pata 1.21 Bombastic's turnover for 2024-25 financial year is basèd on an income level of £28,885 {prior year: £5,000) and expenditure of £30,174 {prior year.. £28,255). Our operating loss is £1,289 for the year (prior year.. £23,255) for yearnd 2025. here was a brought forward figure of 6,074 from the prior year earried loThMrd Into the 2024.25 accounting period ol ich £5,850 was designated funds and 224 unrestrict•d. Statement explaining the policy for holding reseNes stating why they are held Parn 1.22 Bombastic is funded on a project-by- project basis based on submisSn of balanced budgets. There is currently no core unding vailable and thus little opportunity to build up reserves. If core funding is secured, then the Trustees will review tts reserve6 policy. mount of reserves held Parn 1.22 Reserves (both restricted and unrestricted funds) at the yearnd were 4,785 (prior year.. £6,074). Reasons for holding zero reserves Detalls of fund materlally in deficit Explanalion of any uncertainties about the charity continuing as a oin concem 1.22 nla Parn 1.24 Parn 1.23 Additional infomiation (optional) You may choose to include further statements where relevant about: Bombastic's principal ongoing funder is he Arts Council of Wales, which supported the creation of the company. The charity's principal sources of funds (including any fundraising) Para 1.47 11 grant income is applied for against criteria specified by the grant giving organisation and these funds Can only be used for the purposed approved. 11 0XndItur• In¢urr•d by th• oompany is in support of th• k•y •cts of th• oharity. Investment policy and objectives including any social investment policy adopted description of the principal risks facing the charty nla Para 1.46 nla ard 1.46 Other nla
Structure, Governance and Management Description of charty's rusts: Type of goveming document ata 1.25 Memorandum and Articles of Association. How is the charity constituted? ar8 1.25 Charitable company limited by guarantee. Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Parn 1.2 Elected. Additional inforniation (optional) You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and trainin of trustees The charity's organisational structure and any wider network with which the chari works Relationship with any related arties Other 151 nla nla ara 1.51 Para 1.51 nla nla R•f•r•no• and Admlnlstratlv• d•talls Charity name Other name the charity uses istered chari number Charity's principal address Bombast Limited nla 1121380 185 Railway Street Cardiff CF22 2NB R•glst•r•d Qompany numb•r 6138214 Nam•s of th• oharlty trust••s who manago th• oharity Tr¢•• n4rn• Ixzzai 111 any) aotsd 11 nathrvthoS• or body) •ntlll•d o •ppolnt trusts• Il•n Carole Bladc ChAAr ilsa Hawkins r¢a$urer arc Heatley rustee
Corporate trustees - names of the directors at the date the re ort was approved Dlr•¢tar nAm• Name of trustees holding title to property belonging to the charity Tru8t•• Mm• D•t•s ¢t•d 11 not lorwthol• Nil Funds held as custodian truste•s on behalf of others Description of the assets held in this capacit Additional information tional Nam•s and addr•ss•s of advls•rs (Optlonal Inforniatlon) Typ• of Nim• Addr•ss advis•r nla Nam• of ohl•l •x•autiv• or nam•s of s•nlor stsff M•Mb• (Optlonal Infonnatlon) nla Exemptlons from dlsolosur• Reason for non-disclosure of key personnel details nla Other optlonal Information nl• Deolaratlons The company has taken advantage of the small companies, exemption in preparing the report above. The trustees declare that they have approved the trustees, report (including directors, report) above. Signed on behalf of the charity's trusteesldirectors: Signature(s) Full name(s) Sean Tuan John Position (eg Secretary, Chair, etcl Secretary Date 30.1.26 Flnl JAN 2026 Page7of7
Bombastlo SOFA as at 31 March 2026 Nat•s Ullr•strlot•d R•strfot•d funds Total for yvr 2024126 2023124 Incom• ffom.. Charitsble ACtiVrtS DSgf(al Innovation Touring Production6 Educational Programm Bank Interest 5,000 16,400 12.485 28,885 Total Ino+xTr• 16,400 12,485 28,885 5,000 Exp•ndltsr• on: ChaTltable Activllles Digital Innovallon Tourlng Productlon• Educatkin Program Totsl R•souro•s Exp•nd•d 2&3 1,304 26,870 2,000 30.174 28,255 12.536 14,334 12,536 17,638 28,255 N•t mov•rn•nt In funds 15,1531 (1.2891 123.255) R•oon¢lllatlan of lunds Total fijnds brought fotward Tot•1 funds oafrf•d forw•rd 224 4,088 5,850 697 6,074 4,785 29,329 6,074 Balan0• 8h••t as at 31st Maroh 2025 Not•• 31 Maroh 2020 81 M*r¢h 2024 Curr•nt 183•18 Cash at bank Debtor$ 4,509 276 4.785 8.074 6,074 Cr•dltors: Amounts falling dug within one year N•t ourr•nt ass•tsl(Ilabllltl•s) N•t Ass•ts 4,785 6,074 Funds Unre8trlcted Incom funds Rostrl(a8d Income ndS 224 5,850 6,074 697 4.785 NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDING 31 MARCH 2025 1 ACCOUNTING POLICIES Basis of preparation. The accounts (financial statemep.ts) holl
Total deblois 276 6 CREDITORS 2024126 2023124 Trade ueditors Accruals and deferred Income Total credilois 7 DÉFÉRRED INCOME ANALYSIS Induded wlthln Note 6 Is the following deferred incvm8'. 2024126 2023124 Openlng deferred InGome Released to the SOFA Fresh income deforred in-yegr Closing deferred Income 8 UNRESTRICTED FUNDS l Apr 2024 In04Xn• Sp•nd 31 Mr 2028 G6neral 224 16,400 12,538 4,088 RESTRICTED FUNDS 1 Apr 2024 Ineom• Sp•nd 31 Mar 2028 cSr Arts Coundl Wal08 Other5 747 3,286 1,817 5,850 747 1181 1321 697 3.304 14,334 17,638 12,485 12,485 The fundlng from 'Other8' rèpre8enl8 contrfbulknns from slakehokler8, venues and the lottery fundlng 10 FUNDIA88Ef ANALYS18 UntrIot•d funds R•strl¢t•d fund$ 2024126 total funds 2023124 tot•1 funds Net curront a86ets 4,088 4,088 697 697 4,785 4.78S 6,074 6,074 11 COMPANY LIMITED BY GUARANTEE Bomba61ic Llmlted is a company limited by guarantee. whlch mans that there18 no186ued share capital. the Ilabllty of member8 being restricted to £1 each. 12 2023124 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIE8 Unr•strlot•d R•strl¢t•d funds Tot1 2023124 Ino¢)m• from: Charitable ACttleS.. Digital Innovation Touring Producaions Educatlon Programme 5,000 Bank Interest Tot•1 In¢om• 5,000 S,ODO Exp•ndltur• on: Chariiabte Ac*ivities'. Digrtal Innovation Touring Pro(fuction8 Education Programme 147 28.108 28,255
appeal, has specified are to be solely used for particular areas of the charity's work. Expenditure. Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: Costs of raising funds cover all expenditure incurred by the charity to raise funds for its charitable purposes - including the costs of all fundraising activities, events and non-charitable trading activities, plus the associated support costs. Expenditure on charitable activities includes the costs of information provision and beneficiary support undertaken to further the purposes of the charity and their associated support costs. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. Support costs. Support costs are those functions, such as officelbuilding overheads and governance, that assist the work of the charity. these costs are split between cost of raising funds and expenditure on charitable activities. Governance costs are those costs associated with meeting the strategic management, constitutional and statutory requirements of the charity and include accountancy fees and associated staff time. Cost Attribution. Costs have been attributed on a basis consistent with the use of resources. Where costs cannot be allocated, they are apportioned by the estimated percentage of time spent on each activity. Tangible fixed assets. Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over an estimated useful economic life of 4 years on a straight line basis. The charity has no such eligible assets. Financial instruments. The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
been prepared under the historical cost convention with items recognised at cost or transaction value unless otheiSe stated in the relevant note(s) to these accounts. The financial statements have also been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 - abbreviated to Charities SORP FRS102)) issued on 16 July 2014, Update Bulletin 1 (effective 1 January 2016) to Charities SORP (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and the Companies Act 2006. The charity has adopted some of the SORP reporting requirements for larger charities. Bombastic Limited (the charity) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). Preparation of the accounts on a going concern basis. The trustees consider that the charity can continue as a going concern for at least the next 12 months. Income. Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Donated goods income is recognised when the goods are sold as it is impractical to measure the fair value and the costs of valuation outweigh the benefit to users of the accounts and the charity of this information. Where income has related expenditure (as often with fundraising), the income and related expenditure are reported gross in the Statement of Financial Activities. Interest receivable. Interest on any funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. Fund accounting. Unrestricted funds are available to spend on activities that further any of the purposes of charity. Restricted funds are donations which the donor, or charity when making an
Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand. Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors and provisions. Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Taxation. The charity is exempt from corporation tax on its charitable activities. Not•s to the flnanalal stat•m•nts for th• yur •nd•d 31 Mar¢h 2026 2 EXPENOITURS Dlr•6t 8upport 2024126 2023124 Dlghal Innovation Touring Production8 Edueatlon Programme 1,304 25.518 28.108 25,S18 Total Resoum8 Expended 26,822 26,822 21,610 3 SUPPORT COSTS Gov•rMna• M&naq•m•nl 2024126 2023124 Dwital Innovation Touring Productlon8 Educ•tion Programme Core Costs 2,000 1,352 1.352 147 Total Support 3,352 3.352 21 4 OTHER TRANSACTION INFORMATION The chailty doe5 not employ any staff and. as c¥)mmn for a projed based atts company, makes extenslve use of freelan eonlractols. There were no material waived trustee expenses. DEBTORS 2024125 2023124 Trade debtors 276
Totsl R•sourcos Exp•nd•d 147 28,108 28.255 N•t mov•ment In funds {147} 123,108) 123.2551 R•eon¢lllation of funds Total funds brought fomard Total funds cArrl•d forward 371 28,958 5,850 29,329 6,074 224 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP. Signed on behalf of the charity's trusteesldirectors Ailsa Hawkins 30 December 2025
Independent examinef s report to the trustees of Bombastic Limited ('the Company,) I report on the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('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 as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(51 (b) of the 2011 Acl. Independant examiner's statement 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.. 1. accounting records were not kept in respect of th& Company ss 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 requlrements 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 prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10211. I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. fov Sue Valenton (FCCA) 162 Pencisely Road Llandaff Cardiff CF51DP 28 January 2026 Final December 2025 Page1 of1