Cardiff Wales Lesblan Gay Blsexual Transgender Mardl Gras
Charity No. 1137744
Company No. 07217979
Trustees, Report and Unaudlted k¢ounts
30 September 2025

Cardiff Wales Lesblan Gay Bisexual Transgender Mardi Gras
Contents
Pages
2to4
Trustees, Annual Report
Independent Examiners Report
Statement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
Notes to the Accounts
9t015
Detailed Statement of Financial Activities
16to17
Page I

Cardiff Wales Lesbian Gay Blsexual Transgender Mardi Gras
Trustees Annual Report
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the unaudited financial statements of the charf(y for the year ended 30
September 2025.
REFERENCE AND ADMINISTRATIVE D￿Alls
Company No. 07217979
Charity No. 1137744
Client requested address not made public for safety reasons
Re8i5tered Office
Office 10, Workspace Penarth
Albert Road
Penarth
Vale Of Glamorgan
CF64 IFD
Direttors and Truslees
The Directors of the charitable company a￿ Its Trustees for the purposes of charity law.
The following Directors and Trustees setved durlng the year-
Llsa Cordery-Bruce
Katherine Hutchinson
Gianpiero Molinu
Daniel Walsh
Gareth Watts
Resigned 18 February 20251
Actountants
Naunton Jones Le Masurier
24 St Andrews Crescent
Cardiff
CFIO 3DD
Banker5
The Co-operative Bank
PO Box 250
Skelmersdale
WN8 6WT
OBJECTIVES AND ACTIVITIES
Pride Cymru has been running since 2000 and until 2010 was run as a subsidiary artNity of the charity 'Safer
Wales,. In 2010 Pride Cymru became a charity in and limited company in its own ri8ht, establishing itself as a
charity with the followin8 objectives..
Elimination of discrimination on the grounds of sexual orlentation. gender, race or religion b-Raising
awareness of equality and diversity through an arts festival. c- Creating a sentiment in favour of equality and
diversity.
Page 2

Caidiff Wales Lesbian Gay Blsexual Tr4n5gender Mardi Gfas
Trustees Annual Report
On a day to day basis Pride Cymru is managed by a team of volunteers who fulfil a number of roles including
Chalrman
The Board
Eveni Dirertor
Deputy Event Director
Markets Manager
Sponsorship Manager
Volunteers Manager
Entertainment Manager
Family & Youth Manager
Access Manager
Marketing & PR Manager
A number of these post holders are also trustees of the organisation. In order to deliver the charitable
objectives the committee is supported by a team of approximately 40 volunteers. The management team of
the organi5ation meet on a monthly basis Wlth the trustees meeting separately on a bi-monthly basis. There
are no sub-committees to the board. The Directors have referred to the guidance contained in the charity
commission's general guidance on public benefit when reviewing the charity's aims and objective5 and in
planning it5 future activilies. In partlcular, the Directors consider how planned actNities will contribute to the
aims and objectlves that have been set.
ACHIEVEMENTS AND PERFORMANCE
The ftnancial statements for the year ended 30th September 2025 show a loss of £206,655
The trustees recognise a number of key achievements in 2024125 and these include:.
In 2025 there was a parade and festival that was funded by donations and ticket sales.
The board would like to express its than￿ to the following for their support:
Principality Building Society, Admiral, S4C, the National Lottery Communlty Fund and all Pride Cymru
volunteers and partners.
FINANCIAL REVIEW
The organisation commenced the year with a profit of £256,808 the operating performance of the charity is
set out on pages 6 to 17. The Trustees recognise the need to manage the key financial risks. The key risks are
identified a5 follows:. lal Potential reduction in support from the public sertor. Ibl Non-expansion Trn diversity
of income base. Icl Ensuring that the event carries approprlate messaging to meet our charitable objectives:
and Idl To reduce the weather dependency of the main event.
STRUCTURE, GOVERNANCE AND MANAGEME
The founding Trustee5 of the organisation were recrulted from the committee members that developed the
organisation prior to 201D under the management of Safer Wales. Management committee volunteers are
recruited on a skills and experience basis. All applicants are required to complete an application form
describing the expertise they can contribute to the board. A prospective applicant then typically meets with a
minimum of two Trustees to discuss the application. The applicant may also attend a Board meeting as an
observer.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Page 3

Cardlff Wale5 Le5b¥an Gay Bisexual Trnn¥endeY Mardi Gras1
Tnth45 A￿U31 Rèport
The Trustees I who are also dirertor5 of Pride Cyfftru for the purpose of COTnpany lawl are responsible for
preparing the Trustees, report and the fin3ncial statements in accordance with the applicable law and Vnited
Kingdom ￿cOUntIng Standards IUX GAAPI. Company lèw requires the trustee5 to prèparè f(nanci31
statements for each flnancial year which w've a true and fair vlew of the state of affairs of the ¢haritsble
company and of the incoming resources and application of ￿$ourCes. includln8 income and expenditure, of
the charitable company for that period. In preparing these flnanclal statements, the trustees are required to:.
lal select suStable accountin8 policies and then apply them Consistently, Ibl observe the method5 and
princlples in the charities SORP. Icl state whetherthe applitable UK accountin8 Standards have been
followed, subject to any materlal departures and explained In the financial statements, Idl make judgements
and estimates that are reasonable and prudent, lel prepare the financi31 statements on the 8oinB concern
basis unless it is appropriate to presume that the charitable compèny will tontinue in busrness.
The Trustees are responsible for keepin8 accounting records that disclose with reasonable accuracy at any
time the financial position of the charitable company and enable them to ensure that the financial
ststementS CDmpty with thè companies Art 2tt16. They are also responslble for saleguardlng the assets of the
charitable company and hence for taklng re350nable 5tep5 for the prevention and detettion of fraud and
other Ifregularitles.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company'5 websTte. legislation in the UK governing the preparation and
dissemiftation of financial statements may differ from legislationin other jurisdictions.
This rep)rt has bÈÈn prepared In ¥cordantè with the special provisions of part 15 of the CompttniÈs Art
2006 relating to small comparsies.
The Trustees are responslble for keeping proper accounting records that diaclose with rezsonable accuracy at
any time the financial posltlon of the charity and to enable them to ensure ihat the financial statements
comply with the Companies Act 2(M)6. The Tiustees are 3150 responsible for safeguarding the assets of the
charity and hente takin8 reasonable steps forthe prevention and dete¢tlon ol fraud and (rther irregularitie5.
In planning our actlvtties for the period we kept in mind the Charity Commisslons guldance on public benefit
at ourTrustees' meètings.
The above report hasbeen prepared In accordance wtth the provisions applicable to companies subject to
the small companies regime as set OLSt In Part IS of the Q)mpanies A¢t 2006 and in accordance with the
Charities SORP IFRS 1021.
Si8ned on behaw of the board
sa Cordery-8ruce
Trustee
26 June 2026

Cardiff Wale5 Lesbian Gèy Bisexual Transgender Mardi Gras
Independent Examlners Report
Independent Examiner's Report to the trustees of Cardiff Wales Lesbian Gay Bisexual Trans8ender Mardi
Gras
I report to the charity trustees on my examination of the accounts of Cardiff Wales Lesbian Gay Bisexual
Transgender Mardi Gras for the year ended 30 September 2025 whith comprise the Statement of Financial
Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the twstees o* the charity land also its dirertors for the purposes of company lawl you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006
Act.
Having satisfied myself that the accounts of the charity are not required to be audtied under Part 16 of the
2￿6 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 20111'the 2011 Act'l. In carryin8 Out
my examination I have followed the Direttions given by the Charity Commission under section 14515llbl of
the 2011 Act.
Independent examiner's statement
As the charity's gross income exceeded £250,0(K) your examlner must be a member of a body listed in
settion 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of FCCA.
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that..
accounting ￿CordS were not kept in accordanee with section 386 of the 2006 Act ' or
the accounts do not accord wtth thosè rècords; or
the a¢counts do not comply with the accounting requirements under secthon 396 of the 2006 Act other
than any requirement that the atcounts give 3 'true and fair, view which is not a matter considered as
part of an indep&ndent examination,. or
the account5 have not been prepared in accordance with the Charities SORP IFRS 1021.
I have no toncerns and have come across no other matters In connection with the examination to which
ttentSon should be drawn in this report in order to enable a proper understanding of the accounts to b
reached.
Caroline Candy
FCCA
Naunton Jones Le Masurier
24 St Andrews Crescent
Cardiff
CFIO 3DD
26 June 2026
Page S

Cardiff Wales Lesbian Gay Blsexual Tran$8ender Mardi Gras
ststement of Flnanclal Artivities
fo¥ the year ended 30 September 2025
Unrestricted
funds
2025
Restricted
funds Total funds Total funds
2025
2025
2024
Notes
Income and end¢wments
frDm:
Charitable activities
Other trading activities
Qther
29.597
516,118
1,647
150.395
179,992
516,118
1.647
304.828
506,325
3.060
Totsl
547,362
150,395
697,757
814.213
Expendlture ¢)n:
Charitable activities
Other
574,641
179,376
150,395
725,036
179,376
598,938
233.740
Totsl
754,017
150,395
904,412
832,678
Net gains on investments
Net expenditure
Transfers between funds
1206,6551
1206,6551
118,4651
Net expendlture before other
8ainslll¢sse51
1206,6551
1206,6551
118.4651
Other gains and losses
Net movement In funds
1206,6551
1206,6551
118,4651
Recon¢lliati¢n of funds:
Total funds brought foNard
256.808
256,808
275,273
Total funds carrièd forward
50,153
50,153
256,808
Page 6

Cardiff Wales Lesbian Gay Bisexual Tran$8ender Mardl Gras
Sumrnary Income and Expenditure Account
for the year ended 30 September 2025
2025
2024
Income
697.757
814,213
Gross income for the year
Expenditure
697.757
814,213
903,119
831,051
Interest payable
41
Depreciation and charges for
impairment of fixed assets
1,293
1,586
Total expenditure for the year
Net expenditure before tax for the year
904.412
832,678
118,4651
1206,6551
Net expenditure for the year
1206,6551
118,4651
Page 7

Cardiff Wales lesbian Gay Blsexual Trnnsgender Mardi Gras
8aLince Sheet
at 30 SeptemlJ¢r 2025
Company No. 07217979
Notés
2025
2024
Fixed assets
Tangible assets
li
4.758
4,758
Current assets
Debtor5
Cash at bank and in hand
12
98,243
113,689
211.932
1165,6591
46,273
15,725
283,597
299.322
145,5811
edltm: Amount falllng due within one year
Net ujrrent assets
253,741
Totsl assèts ILWS turrent ￿#bIlItI05
50,153
258,499
11,6911
Credltors: Amounts falling due after more than one year
Net assets excludlng penslon asset or Ilablllty
Total nèt 3S5ets
14
50,153
256.808
50.153
256,808
The lunds ofthe tharity
Restrkted funds
Unrestrlcted funds
General funds
Is
15
50,153
256.808
50.153
Rest￿e5
15
Total lunds
50.153
256,808
These accounts have been p￿pared in accordance ￿th the special provisions of Part 15 of the Companies
Act 2LK)6 relating to small companies.
For the year ended 30 September 2025 the company was entltled to exemption under settion 477 of the
Companies Act 2￿6 relaiingto small compan￿.
The member5 have not required the company to obtaTrn an audTrt in accordance wtth sertion 476 of the
Companies Aci 2CK)6.
The dirertors ackrK>wled8e their responsibilities for compfying with the requirements of the Comp3nie5 Act
2006 with ￿Spect to accounting ￿ordS and the preparation of accounts.
Approved by thè board on 26June 2026
And signed on Its behalf by:
Llsa Cordery-8ru¢e
Trustee
26 June 2026

Cardiff Wales Lesblan Gay Bisexual Transgender Mardi Gras
Statement of Cash flows
for the year ended 30 September 202S
2025
2024
Cash Ilows from operating actlvltles
Net expenditure per Statement of Financial Artivities
1206.6551
118,4651
Adjustments lor:
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
IlncreasellDecrease in trade and other receivables
Increase in trade and other payables
1,293
11,6471
182,5181
120,406
1,586
13,OfA)I
74,116
27,674
Net Cash (used inllprovided by operatin8 actlvities
1169,1211
81,851
Cash flows Irom investin8 artivities
Payments for property, plant and equipment
Dividends, interest and rents from investments
14161
1,647
11,9011
3,060
Net cash from investing activities
1,231
1,159
Cash flows from financing artivilies
Repayment of borrowin85
12,0191
12,0201
Net cash used in financing activities
12.0191
12,0201
Net Idecreaselllnvease In cosh and cash equlvalents
1169,9091
80,990
Cash and cash equlvalents at the beglnnlng of the year
283,597
202,607
Cash and cash equivalents at the end of the year
113,688
283,597
Cornponents of cash and cash equivalents
Cash and bank balances
113,689
283.597
113,689
283,597
Page 9

Cardlff Wales Lesbian Gay Bisexual Tran$8ender Mardl Gras
Note5 to the A¢¢ounts
for the year ended 30 September 2025
l Accounting policie5
Basls of preparation
The financial statements have been prepared in accordance with 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 Ireland IFRS 1021 (effective I
January 20151 Icharities SORP IFRS 10211, the Financial Reporting Starbdard applitable in the UK and
Republic of Ireland IFRS 1021 and the Companies Act 2W6.
Change in basis ol accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accountin81 since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation funds These are unrestricted funds which include a revaluation reserve representin8 the
restatement of investment asset5 at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Restricted funds
Income
Recognition of
income
Income Is included in the Statement of Financial Activitles ISOFAI when the charity
becomes entr(led to, and virtually certain to receive, the income and the amount of
the income can be meaSU￿d with sufficient reliabilty.
Income with
related
expenditure
Dot)ations and
legacies
Where income has related expendwture the income and related expenditure is
reported gross in the SOFA.
Voluntary income received by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity ha5 unconditional entiilement
to the income.
Tax reclaims on
Income from tax re¢laims is included in the SOFA at the same time as the
donation5 and Bifts giftldonation to which it relates.
Donated services These are only included in income Iwith an equivalent amount in expenditure)
and facilities
where the benefrt to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gainslllossesl on Thi5 includes any gain or Ioss ￿sLEIt1ng from revaluing investments to market value at
revaluation of
the end of the year.
fixeil assets
Gainslllossesl on This includes any gain or loss on the sale of investments.
investment assets
Pa8e 10

Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Note5 to the Account5
Expenditure
Reco8nition of
expenditure
Expenditure is recognised ort an a¢cnJals basis. Expenditure includes any VAT which
cannot be fully recovered, and 15 reported as part of the èxpenditure to which it
relates.
These comprTrse the costs associated with attracting voluntary income, fundraising
tradlng costs and investment management costs.
These comprise the costs incurrèd by the Charity in the delivery of its activities and
services in the furtherance of its objetts, including the rnaking of grants and
governance costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
Governance costs These include those costs associated with meeting the constltutlonal and statutory
requirements of the Charity, including any auditlindependent examinatlon fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
Other expenditure These are support costs not allotated to a particular activty.
Expenditure on
raising funds
Expenditure on
charitable
activ¥ties
Grants payable
Taxation
The charity is exempt from corporation tax on tts charltable actlvitles.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet
date and are not depreciated. All gains or lo55es are taken to the Statement of Financial Artivities as
they arise.
Stocks
Stock is included at the lower of cost or net reallsable value. Donated r(ems of stock are recognised at
fair value which is the amount the charity would have been willing to pay for the itewns on the open
market.
Trade and other debtor5
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 and cash equlvalents
Cash and cash equivalents comprise cash at bank and on hand. demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank
overdrafts. In the ￿atement of financial position, bank overdrafts are shown within borrowings or
current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank
overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditor5
Short term creditor5 are meaSU￿d at the transaction price. Other treditors and provisions are
recognised where the charity has ¥ present obligation resulting from a past event that will probably
resutt in the transfer of funds to a thSrd party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors and provisions are normally recognised at thelr settlement
amount after allowing for any trade discounts due.
Researth and development
Expenditure on research and development is written off in the year in which it Is incurred.
Pa8e 11

Cardiff Wales Lesbian Gay Bisexual Translender Mardl Gras
Notes to the Accounts
Foreign currencles
Monetary assets and liabilitie5 denominated in currencies other than the functional currency of the
charity are translated at the rate5 of exchange prevailing at the end of the reporting period.
Transaction5 in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurre(J.
All exchange differences are are taken into account in arriving at net incomelexpenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated a5 a finance lease.
Leases which do not transfer substantially all the rlsks and rewards of ownership to charlty are classified
as operating leases.
Assets held under finance leases are initially recognised as asset5 of the charity at their fair value at the
inception of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a flnance lease obllgatlon.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as
to achieve a constant rate of interest on the remainin8 balance of the liability. Finance expenses are
recognised immediately, unless they are directly attributable to qualifyin8 assets, in which case they are
capitalised in accordance with the charity'5 policy on borrowing costs.
Assels held under finance leases are depreciated in the same way a5 owned assets.
Operating lease payments are ￿Cognised as an expense on a straight-line basis over the lease term.
In the event that lease in¢entives are received to enter into operatin8 leases, such incentives are
recognised as a liability. The aggregate bènefit of incentives is recognised as a reduction of rental
expense on a straight-line basis.
Pension cost$
The charity operates a defined contribution plan for its employèes. A defined contribution plan Is a
pension plan under which the company pays fixed contributions Into a separate entity. Once the
contributions have been paid the cornpany has no fijrther payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
The assets of the plan are held separately from the company in irbdependently administered fund5.
Receipt of donated goods, facllltie5 and 5etvices
All donated goods, facilities and services receive(l are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capitsl.
Page 12

Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Notes to the Accourits
3 Statement of Financial Artivities- prior year
Unrestricted
funds
Restrirted
fund5 Total fund5
2024
2024
2024
Income and endowments
Charitable artivities
60,183
506.325
3.060
244,645
304.828
506,325
Other trading activities
Other
Total
569,568
244,645
814,213
Expnditure on:
Charitable activities
354,293
244,645
598.938
233,740
Other
233,740
Total
588.033
244,645
832,678
Net income
118,4651
118,4651
Net income belore other
gain5lllosses}
Other gains and losses:
Net movement in funds
118,4651
118,4651
118,4651
118.4651
Reconciliation of fvnds:
Total funds broughi forward
Total funds carried forward
275,273
275,273
256,808
256.808
4 Income from charltable activities
Unrertricted
Restricted
Total
Total
2025
2024
29,597
29,597
150,395
150,395
179,992
179,992
304,828
304,828
5 Income from other trading actl¥ltles
Unrestrirted
Total
Total
2025
2024
516,118
516,118
516,118
506,325
506,325
516,118
Page 13

Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Note5 to the Accounts
6 Other Income
Unrestricted
Tt)tsl
Total
2025
2024
1,647
1,647
1,647
1,647
3.060
3,060
7 Empenditure on charitable artivities
Unrestricted
Restrirted
Total
Total
2025
2024
Expenditure on charitable
octivities
574,641
150,395
725,036
598.938
Governonce costs
574,641
150,395
725,036
598,938
8 Other expenditure
Unrestricted
Total
Total
2024
2025
Other interest payable
41
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
Impairment, profitlloss on
disposal of fixed assets
General administrative
costs
123.927
7,663
20,315
123,927
7,663
20,315
172,236
13,147
17,755
1,293
1,293
1,586
20,789
20,789
24,125
Legal and professional costs
5,389
5,389
179,376
4,850
233.740
179,376
9 Net expendlture before transfers
2025
Z024
This is stated after charglng..
Depreciatlon of owned fixed assets
10 Staff costs
Salaries and wage5
Pension costs
1,293
1,586
118,071
5,146
123,217
164,337
5,739
170.076
No employee received emoluments in excess of £60,OCKJ.
Page 14

Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Notes to the Accounts
11 Tangible fixed assets
C05t or revaluation
At l October 2024
7,824
416
7,824
416
Additions
At 30 September 2025
Depreciat￿ and
Impalrnient
At l October 2024
Depreciatkon tharge for the
year
At 30 September 2025
Net book values
8,240
8,240
3,067
3,067
1,293
1,293
4,360
4,360
At 30 September 2025
At 30 September 2024
12 Debtors
3,880
4,757
3,880
4,757
2025
2024
Trade debtors
VAT recoverable
Other debtors
17,970
64,798
15,475
98,243
250
15,475
15,725
13 Creditors:
amounts falling due within one year
2025
2024
Other loans
Trade credttors
Other taxes and social security
Other creditors
Accruals and deferred income
1,691
156,759
737
2,613
3,859
165,659
2,019
35,091
5,210
3,261
45,581
14 Creditors:
amounts falling due after more than one
year
2025
2024
Other loans
1,691
1,691
Page 15

Cardiff Wales Lesbian Gay Bisexual Tran4ender Mardi Grès
Notes to the Accounts
15 Movement in funds
Incoming
resources
At30
Resources
expended
(including
At l Ortober
other
2024 gainsnossesl
September
2025
Restrirted funds:
Restrirted income funds:
150,395
1150,3951
Total
150,395
1150,3951
Llnrestricted funds:
General funds
256,808
547,362
1754,0171
50,153
Revaluation Reserves:
Total funds
16 Ana￿15 of net assets between funds
256,808
697,757
1904,4121
50,153
Unrestricted
funds
Totsl
Fixed assets
Net current assets
3,880
46,273
50.153
3,880
46,273
50,153
17 Reconciliatlon of net debt
At30
September
2025
At l October
2024
Cash flows
Cash and cash equivalents
283.597
283,597
1169,9081
1169,9081
113,689
113.689
8orrowings
13,7101
13,7101
2,019
2,019
11,6911
11,6911
Net debt
279,887
1167,8891
111,998
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Cardiff Wales Lesbian Gay Bisexual Trans8ender Mardl Gra$
Notes to the kcounts
18 Commltments
Operntlng lease commitments
Annual commitments under non-cancellable operating leases are as follows:
2025
2025
2024
2024
Land and
bulldln8S
Land and
bulldlngs
Other
Other
Operating leases with expiry date-
Pension commitments
2025
2024
The pension cost char8e to the company
amounted to:
5,146
5,739
19 Related party disclosures
Controlling poty
The company is limited by guarantee and has no share capital,. thus no sin8le party controls the
company. The Guarantors are the Trnstees as set out on page 2. The liability 15 limited to an amount of
£1 per member in accordance with the organisation's memorandum of articles of association.
Page 17

Cardiff Wales Lesbian Gay Bisexual Tran58ender Mardi Gras
Detailed Statement of Financial Actlvltles
for the year ended 30 September 2025
Unrestricted Restrlrted
funds
funds Totsl funds Total funds
2025
2025
2025
2024
Income and endowments from:
Charitable activities
29,597
29,597
150,395
150,395
179,992
179,992
304,828
304,828
Other trading actNities
516,118
516,118
516,118
516,118
506,325
506,325
Other
1,647
1.647
1,647
1,647
3,060
3,060
Total Income and endowrnent5
547,362
150,395
697.757
814.213
Expenditure on:
Charitable attivitie5
574,641
574,641
150.395
150.395
725,036
725,036
598,938
598.938
Totsl of expenditure on charitable
activities
574,641
150,395
725,036
598,938
other expenditure
Other interest payable
41
41
Employee costs
Salarleslwages
Pension costs
Staff training
118,071
5,146
710
118,071
5,146
710
164,337
5,739
2.160
172.236
123,927
123,927
Motor and travel costs
Travel and subsistence
7,663
7,663
7,663
7,663
13,147
13,147
Premises costs
ent
17,500
1,548
698
17,500
1,548
698
17,375
Rates
Light. heat and power
Premises cleaning
Prernises repairs and
maintenance
177
177
392
392
20,315
20,315
17,755
General administrative costs,
including depreciation and
amortlsatlon
Page 18

Cardiff Wales Lesbian Gay Bisemual Transgender Mardi Gras
Detailed Statement of Financial Activities
Depreciation of
Bank charges
General insurances
Information and publications
Postage and couriers
Software. IT support and related
cost5
1.293
1,359
2,529
8,370
1,293
1,359
2,529
8,370
60
1,586
3,816
2,171
7,524
343
5,058
5,058
4,824
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
1,121
1,341
1,121
1,341
615
2,937
950
950
551
22.082
22.082
25,711
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
3.600
3,OCK)
1,789
1,789
1,850
5,389
5.389
4,850
Total of expenditure of other ¢osts
Total expenditure
Net gains on investments
179.376
179,376
233,740
754,017
150,395
904.412
832,678
Net expenditure
1206,6551
1206.6551
118,4651
Net expenditure before other
8ains/llossesl
Other Galns
1206,655
1206,6551
118,4651
Net movement in fvnds
1206,6551
1206,6551
118,4651
Reconciliation of funds:
Total funds brought forward
256,808
256,808
275,273
Totsl funds carrled fonvard
50,153
50,153
256,808
Page 19