Charity registration number 1150201 (England and Wales)
Company registration number 1150201
ARTIS COMMUNITY/CYMUNED LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ARTIS COMMUNITY/CYMUNED LIMITED
CONTENTS
Trustees' report
Page
1-9
Independent examiner's report
10
Statement of financial activities
11
Balance sheet
12
Statement of cash flows
13
Notes to the financial statements
14 - 27

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".
Objectives and activities
The objectives of the charity are to advance the arts for the public benefit in particular among the communities of
South Wales by delivering high quality professional community arts experiences, ensuring that creativity plays a role
creative industries pathways; Arts, Health & Wellbeing; Creative Learning; Disability Arts; Welsh Language;
The main activities undertaken in relation to these objectives are as follows:
Supporting innovation, enterprise and creative industries pathways activities:
Volunteer-Led Sessions & Activities
Regular sessions include Crochet Club (morning and afternoon), Repair Cafe, and Stay and Play, with a total of 34-
37 activities led by volunteers in each quarter. The number of active volunteers remained steady at 13, with
occasional new registrations and social events
Events Supported by Volunteers
Volunteers supported a wide range of events, including discos, film showings, magazine launches, dance pathway
events, wrestling shows, weddings, and talent searches.
Special programmes such as the Eisteddfod and summer holiday activities were also supported by volunteers.
Impact of Volunteering
Volunteering
, has helped individuals overcome isolation and low confidence,
, fostering a sense of
community. Notable stories include one individual, who progressed from participant to confident volunteer, now
teaching others.
Diversity and Inclusion
Volunteers include individuals from protected characteristic communities, and events like Halloween Hop-ty have
high participation from marginalised groups, including disabled and LGBTQ+ individuals. Programmes support
equality and diversity priorities, with inclusive activities for young people of all backgrounds.
Creative and Professional Development
Projects such as Gyda'n Gilydd 2024 successfully integrated returning and new participants, offering trainee roles
and engaging both community members and professional artists.
Training and professional development days for YMa staff were enhanced based on their feedback, including
sessions on Welsh and British Sign Language.
Partnerships and Outreach
Collaborations with organisations Ransack Dance, Dança Sem Fronteiras and Cardiff Metropolitan University have
expanded opportunities for creative learning and inclusive dance practice. The Paper Trail Residency explored
social issues through theatre and creative writing workshops.
Community Celebrations
Events such as the community showcase and Hop-ty Dolig brought together diverse groups, with performances,
films, and mentoring sessions, both in person and online.
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ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Overall Insights
The breadth and depth of volunteer involvement in supporting innovation, enterprise, and creative industries ha
been inspiring us. Volunteers have played a crucial role in supporting regular activities and events, and fostering ar
inclusive ento ridership is a on volace as ate ships a a give projects nave coter erad he
reach and effectiveness of the programme, with a strong emphasis on diversity, equality, and community
engagement.
Arts, Health & Wellbeing Activities
Regular Clubs and Workshops
Cro endles Hole on eraday mening and a ra rousing to making are for orio one are,
Paint and Prosecco: Guided painting sessions with a professional artist, inclusive and step-by-step, helping
participants create their own masterpieces.
Special Events and Projects
Arts & Minds Project Sharing Day: Hosted an evaluation sharing event with 40 attendees as part of an Arts & Mental
Health partnership.
Summer Holiday Activities: Ran a recurring programme over five weeks, engaging 219 people of all ages. Activities
included Mini Makers (sensory play for toddlers), Intergenerational Crochet Club, Drop-In Clay Workshop, and
painting workshops.
Animal Encounters: Hosted a popular animal workshop, filling the venue with families.
Ongoing and Seasonal Programmes
Regular Weekly Activities: By October, a full schedule was in place, including Art Club, Crafty Cuppas, dance
groups, music and film clubs, and more. Participation and retention was strong, with a focus on progression for
children and young people.
Monthly Sessions: Launched Paint and Prosecco and Life Drawing classes, both selling out regularly:
Seasonal Events: Halloween, Christmas, and Mother's Day celebrations engaged with hundreds of local people,
with creative workshops and activities celebrating diversity and community.
Impact and Inclusion
Reducing Isolation & Increasing Wellbeing: Activities like Clothes Rail, creative wellbeing sessions, intergenerational
events, and exhibitions have reached a wide audience, including up to 240 participants during key holiday periods.
Diversity and Accessibility: The programme is inclusive of LGBTQ+, neurodivergent, disabled, and those with lived
trauma experience. It celebrates cultural diversity, uses Welsh and international references, and supports
participants from varied socio-economic backgrounds
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ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Creative Learning:
Our lead volunteer took an interest in running our Soft Play exploration session with toddlers and parents / carers
and was very well attended.
In May half term we trialled Mini Makers a Messy Play session to encourage imagination and creativity. W
engaged 8 children plus parents in the first session and feedback suggested families wanted more like this for
preschool age.
We started Aros & Chwarae / Stay 'n' Play, creative learning through play sessions as a permanent weekly session
in YMa with great attendance.
Highest weekly attendance was 20 children and 14 adults.
Disability Arts Activities
Weekly Programmes: We continued to run regular sessions including True Colours, disabled adult dancers and our
inclusive Boppers, Movers, Ransack Youth, Crafty Cuppa, and Art Club. Attendance remained steady, though
growth was slower than hoped. Participant feedback is consistently positive.
Staffing and Funding: Funding enabled the employment of a freelance dance tutor to lead Boppers and Movers. The
freelance dancer has contributed valuable skills and established a supportive class structure.
Self-Led Sessions: During a period of facilitator absence, participants continued some Crafty Cuppa sessions
themselves, which were well received and we continued the sessions as a social and safe space.
True Colours Success: The True Colours dance programme continued to thrive, with positive feedback and a focus
on securing more funding to increase regularity and expand to other day centres.
Guest Workshops: One True Colours group participated in a workshop with Same Hat Theatre company, exploring
themes of happiness and co-creating movement ideas. The session was uplifting and centred on how relationships
with our bodies change over time, particularly for disabled individuals.
Summer School: The 'True Colours Create' initiative engaged 10 disabled adults and a staff member from a local
day centre, focusing on creative work and performance with professional dancers. The programme promoted dance
and transferable skills such as confidence, teamwork, and coordination.
Special Visits: True Colours participants enjoyed a session led by local harpist Bethan Nia, linked to her research
and development project.
Welsh Language Activities
with interia and Polynd sume engagal on to day in the raid sair a rain are color in,
opportunities to practise Welsh through creative activities.
Performances and Engagement:
Our Ransack Youth Dance Group, in partnership with Ransack Dance Company, delivered six pop-up
performances at the Sunken Gardens in Ynysangharad Park, attracting audiences of 40-100 per
show. This was a first-time performance experience for some young dancers.
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ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Creative Activities:
Over 200 bracelets with Welsh words were made with visitors during free activities at the stall. While this didn't
significantly increase local building visits due to the wide geographic range of attendees, it fostered community
conversations and nostalgia about YMa's pre-redevelopment history as a YMCA.
An installation at YMa encouraged community involvement with the Welsh language, leading to an "alphabet
approach for evaluating significant words. This blueprint aims to promote innovative and safe ways to use and learr
Welsh.
Community Access Stage - Hop-ty Eisteddfod:
This outreach event, in collaboration with RCT Arts Service, provided access and inclusion for. the community and
artists, with 46 attendees.
Welsh Language Theatre:
Four Welsh language theatre productions were hosted, with 13 full-house performances and 1,000 attendees.
Themes included loss, isolation, LGBTQ+ identity, inequality, austerity, and gender issues.
Welsh Language Learning:
A yearlong entry-level Welsh course was delivered in partnership with University South Wales, attended by 21
Further Collaborations:
Post Eisteddfod, YMa worked with Canolfan Calon Taf to discuss the National Anthem and women's contributions in
Wales, following the play "Gwlad Gwlad".
Bilingual Storytelling Workshop:
An interactive, sold-out bilingual storytelling event was delivered, featuring Welsh and English stories, songs, and
games.
Welsh Language Engagement (excluding regular activities):
"People, Planet, Paned" bilingual networking event: 35 registered participants
"Caban Creff" craft sessions: Welsh language embedded through themed months
Bilingual storytelling session: Family participation in Welsh songs and stories
Senedd event: Bilingual performance poem for national stakeholders
Approximate direct reach: 80+ attendees in bilingual/Welsh activities.
Business Development
YMa Attendances 2024-25
Overal attendances 57,531
Our Essential Growth Plan reviewed our programme development and focussed on increasing room hires and
activities engagement, to balance continuing financial challenges including high maintenance costs and increased
utility bills.
Fundraising. Successful Funding Outcomes
Arts Council of Wales Revenue
Garfield Weston Application - Unrestricted funds
National Lottery Community Fund - Year 3 of 5-year activity programme
Arts Council of Wales - Gyda'n Gilydd. Funding to support collaborative, place-based creative dance, music and film
engagement.
Arts Council of Wales - Swn yr Afon. Arts and Health funding for creative wellbeing programme
UK Shared Prosperity Fund (SPF) - Award secured for programme delivery
Hargreaves Foundation - Action CineYMa: Empowering Youth Through Film and Sport
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ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Environment
Community Environmental Initiatives:
Library of Things and Repair Cafe were part of the weekly operations at YMa. These initiatives focus on borrowing
returning, maintaining, and cleaning items; as well as hosting monthly repair events.
The launch of Ponty Green Week brought together a diverse audience, including local artists and environmental
organisations, to share knowledge and services
Holiday programmes included creative activities such as wreath making with foraged and recycled materials,
engaging 23 participants.
Pontypridd Green Week celebrated its fourth year, showcasing local groups and communities working towards
environmental improvement.
Artis Community provides high quality art experiences that are driven by social outcomes. We believe in the
transformational power of creativity to make a real difference to people's quality of life.
Our vision is of... Communities connected through creativity and kindness.' Our mission is to spark journeys of
individual and collective creativity, that unlock the potential in people and communities'
We achieve this by:
• Creative place making with our community in YMa, in the centre of Pontypridd.
• Continuing to deliver professional, multi-platform activities with measurable benefits, helping to overcome
the social and economic disadvantage of the communities we work in.
• Building an innovative network of partnerships across sectors. With complementary principles and values,
we create an environment of mutual support, shared capacity and expertise.
• Fostering innovation and aspiring for excellence both in arts practice and in business.
The organisations trustees can confirm that they have complied with the duty in Section 17 of the Charities Act 2011
to have due regard to public benefit guidance published by the Charity Commission. Significant activities
undertaken during the year that demonstrate public benefit are set out above.
Aims and Objectives
Progression for Everyone
Transforming Lives
Celebration
We achieve this by:
Adapting our delivery approach in managing a community building while continuing to provide
professional multi-art form activities with measurable benefits, helping to overcome the social and
economic disadvantage of the communities we work in.
Continuing to build an innovative network of strategic partnerships across sectors, linked to joined-up
delivery of social outcomes.
Having complementary principles and values.
Creating an environment of mutual support, shared capacity and expertise with our partners.
Fostering innovation and aspiring for excellence both in arts practice and in business. We play an advocacy role in
the cultural and creative industries and continually interrogate our own practice to strengthen our provision.
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ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Networking and Bilingual Engagement:
nearby. Thirty-five people registered in advance.
Film Festival and Cultural Exchange:
Gwyl Ffilm Ein Gwlad, Ein Natur / Our Land, Our Nature Film Festival was held on 1st March, selling 120 tickets and
drawing over 100 attendees for the Green Carpet event. The festival included film screenings, CPD sessions, and a
Lottery anniversary
supporting creativity, social connection, bilingualism,
intergenerational engagement, mental health, and cultural exchange.
Overall, our Environment objective showcased a vibrant programme of environmental, creative, and community-
focused activities, with a strong emphasis on bilingual engagement, sustainability, and cultural enrichment.
Key achievements in the year include:
Midway through 2024-25, we reached the 2nd anniversary since opening YMa: Man Creu Meithrin Celf / Place for
Culture Creativity Arts and although we've experienced significant financial challenges during that time, we have
demonstrated resilience, continuing to grow public engagement in activities within the building. We've delivered and
hosted a substantial and varied community hires programme and have sustained long-term tenants.
The Eisteddfod Genedlaethol Rhondda Cynon Taf in 2024, brought thousands of people into Pontypridd
and as a festival venue, the week provided an incredible opportunity to showcase YMa, hosting a cultural
week of performances, rehearsals and events. This was the highlight of our calendar!
Key performance indicators:
• 41 projects
• 6.966 sessions delivered
• 196,612 people engaged in activity
• Reached 154,612 online
FINANCIAL REVIEW
Principal funding sources were:
• Arts Council Wales Revenue Grant
• Arts Council Wales Project Grants
• National Lottery Community Fund Grant
• UK Shared Prosperity Fund
• Garfield Weston Foundation
The Charity made an unrestricted deficit for the period of £17,079 (2024: £43,631 deficit) and a restricted deficit of
£45,670 (2024: E549 deficit).
The charity had negative free reserves (which exclude restricted funds and fixed assets) of £31,727 (2024: £10,707)
at the balance sheet date.
- 6-

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reserves policy
The trustees of Artis Community have established a policy whereby, the unrestricted funds not committed
or invested in tangible fixed assets (the free reserves) held by the charity should be between 6 and 12
months expenditure, this would currently equate to between approximately £325,000 and £650,000. At
this level, the trustees feel that they would be able to continue activities of the charity in the event of
signiticant drop in funding. It would obviously be necessary to consider how such funding would be
replaced or activities changed. At present the charity has negative free reserves of £31,727. The trustees
are considering ways in which additional unrestricted funds will be raised.
FUTURE PLANS
We aim to:
• Build on our annual programme of creative wellbeing activies.
• Develop our Arts Pathways.
• Pilot Theatr TAFOD, our new Welsh language Youth Theatre with our partners Menter lath Rhondda Cynon
Taff and composer, Huw M.
• Pilot new Arts & Health programme.
• Continued focus on income generation and a sustainable future for YMa: Man Creu Meithrin Celf (Place for
Culture Creativity Arts).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Artis community/Cymuned Limited is a company limited by guarantee and a registered charity. The
charity is controlled by its Memorandum and Articles of Association.
Recruitment and appointment of new trustees
Prospective trustees meet with CEO and Chair of the board as an introduction, they provide a biography
that is shared with current board members before attending a board meeting. A vote on the appointment
will be taken by current members and if appointed there will be an induction by the CEO.
Induction and training of new trustees
Once recruited, new board members are provided with a Trustee recruitment pack that gives an overview
if the Organisation, Vision, Mission & Strategic Objectives, Governance Structure, Board profile, sta
tructure, key policies and procedures, financial information and contact informatior
The CEO will meet with the new trustee informally in YMa for a tour of the building, to meet staff and go
through any questions the new trustee might have. We also provide an Arts & Business Cymru Truiste
pack that includes 15 Questions a Trustee should ask to ensure resulience document; Board Appraisal
Guide & Template; Nolan 7 Principles and The Charity Governance Code.
We encourage new Board members to attend On Board Governance Training through Arts & Business
Cymru.
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ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Organisational structure
CEO is responsible and answerable to the Board of Directors, specifically the Chair. The CEO in turn lin
nanages the following posts
ompany Manage
undraise
ompany Manager line manage
fice & Finance Administrat
Customer Services Staff
Cleaner
Remuneration policy
Employee remuneration, including key management personnel, is set by reference to arts sector benchmarks.
8-

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reference and Administrative Details
Charity number
Company number
Registered office
1150201
08179226
YMa
Taff Street
Pontypridd
Rhondda Cynon Taff
CF37 4TS
Key management personnel
Trustees
Chief Executive Officer
Independent examiner
Bankers
Jên Angharad (CEO)
Nick Evans (Facilities and Community Manager)
Hudson (Va Chained 25 February 2026)
D Pittick
E Newby
S Garrett
LE Morris (Chair from 25 February 2026)
A Lloyd (appointed 1 July 2025)
Jên Angharad
Katherine Parkin FCA
Azets Audit Services
Ty Derw
Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
Lloyds Bank plo
Epona House
Phoenix Way
Swansea
SAT 9HG
Unity Trust Bank plo
4 Brindley Place
Birmingham
B1 2JB
The trustees' report was approved by the Board of Trustees
Emens
E Morris - Trustee
19 March 2026
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ARTIS COMMUNITY/CYMUNED LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ARTIS COMMUNITY/CYMUNED LIMITED
I report to the trustees on my examination of the financial statements of Artis Community/Cymuned Limited (the
charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the
charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination
I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed
in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a
member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
1 have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
1
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act
2
4
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act
2006 other than any requirement that the financial statements give a true and fair view, which is not a matter
considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Kla
Katherine Parkin FCA
Azets Audit Services
Ty Derw, Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
Date: 19 March 2026...
- 10-

ARTIS COMMUNITY/CYMUNED LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
funds
funds
2025
2025
Notes
Income and endowments from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other income
7
Total income
Expenditure on:
Raising funds
Charitable activities
8
218,157
183,728
101,674
503,559
49,477
471,161
Total expenditure
520,638
Net expenditure and
movement in funds
(17,079)
Reconciliation of funds:
Fund balances at 1 April 2024
21,765
Fund balances at 31 March
2025
4,686
23,875
105,089
128,964
174,634
174,634
(45,670)
45,670
Total Unrestricted Restricted
funds
funds
2025
2024
2024
€
242,032
288,817
101,674
:
632,523
49,477
645,795
695,272
(62,749)
67,435
4,686
213,470
83,266
97,202
3,781
347
398,066
52,767
388,930
441,697
(43,631)
65,396
21,765
65,425
85,000
150,425
150,974
150,974
(549)
46,219
45,670
Total
2024
278,895
168,266
97,202
3,781
347
548,491
52,767
539,904
592,671
(44,180)
111,615
67,435
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
- 11 -

ARTIS COMMUNITY/CYMUNED LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
2025
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within
one year
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
Net assets
The funds of the charity
Restricted income funds
Unrestricted funds
Notes
15
2024
36,413
32,472
17
7,581
23,134
30,715
(26,451)
6,484
38,511
44,995
(10,032)
18
4,264
40,677
(35,991)
4,686
34,963
67,435
-
67,435
21
22
4,686
4,686
45,670
21,765
67,435
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the trustees on 19 March 2026
E Morris - Trustee
Company registration number 1150201 (England and Wales)
- 12-

ARTIS COMMUNITY/CYMUNED LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
Cash flows from operating activities
Cash absorbed by operations
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash used in investing activities
Financing activities
Proceeds from new bank loans
Repayment of bank loans
Net cash generated from financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Notes
26
2025
2024
(46,160)
(39,674)
(15,951)
(18,072)
3,781
(15,951)
(14,291)
50,000
(3,266)
:
46,734
(15,377)
38,511
23,134
-
(53,965)
92,476
38,511
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ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
Charity information
Report of the Trustees.
1.1 Accounting convention
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by
FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
The classifications of some comparative income and expenditure figures presented in these financial
statements have been restated to more accurately reflect the underlying transactions and compliance with the
Charities SORP. The total income, expenditure and net movement in funds for the y/e 31 March 2024 have
not been impacted as a result of these reclassifications.
1.2 Going concern
The charity currently has negative free reserves of £31,727 (2024: £10,707) and the trustees report details
further information regarding the charity's current financial position. The ability of the charity to continue in
operation beyond 31 March 2027 is predicated on continued funding being provided by the Arts Council of
Wales and at present there is no reason to believe that this will not continue
Therefore at the time of approving the financial statements, the trustees have a reasonable expectation that
the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable ir
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
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ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to
hird party, it is probable that a transfer of economic benefits will be required in settlement, and the amount o
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Fixtures and fittings
25% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12
'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
- 15-

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
he arrangement constitutes a financing transaction, where the debt instrument is measured at the presen
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al
transaction price and subsequently measured at amortised cost using the effective interest method
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs
are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.12 Leases
Rentals payable under operating leases, including any lease incentives received, are charged as an expense
on a straight line basis over the term of the relevant lease.
Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease.
Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount
of the leased asset and recognised on a straight line basis over the lease term.
2 Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
- 16 -

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
3
4
Income from donations and legacies
Unrestricted Restricted
funds
funds
2025
2025
€
Donations and gifts
Grants
295
217,862
218,157
23,875
23,875
Grants
Arts Council of Wales -
Revenue Grant
Arts Council of Wales -
Creative Futures
Arts Council of Wales -
Jobs Protection &
Resiliance Grant
Arts Council of Wales -
Gyda'n Gilydd Grant
2023/24
Arts Council of Wales -
Cost of Living Grant
Other
197,862
-
-
18,875
20,000
-
5,000
:
217,862
:
23,875
Income from charitable activities
Unrestricted Restricted
funds
funds
2025
2025
E
Charitable Activities
Ticket Sales
Commission Received
Workshop Classes and
Contracts
Grants
Charitable rental income
9,213
56,379
67,364
50,772
183,728
:
105,089
105,089
Total Unrestricted Restricted
funds
funds
2025
€
2024
2024
295
241,737
242,032
145
213,325
213,470
65,425
65,425
197,862
18,875
202,935
-
-
16,755
20,000
-
5,000
:
241,737
48,670
9,157
1,233
213,325
65,425
Total Unrestricted Restricted
funds
funds
2025
2024
E
2024
€
9,213
56,379
172,453
50,772
288,817
194
6,900
20,472
31,858
23,842
83,266
:
85,000
85,000
- 17-
Total
2024
145
278,750
278,895
202,935
16,755
-
48,670
9,157
1,233
278,750
Total
2024
194
6,900
20,472
116,858
23,842
168,266

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4
Income from charitable activities
Performance related grants analysis
National Lottery Grant Cinema
WOVA
UK Prosperity Grant
Garfield Weston Grant
Llenydiaeth Cymru
RCTCBC Community Multiply Grant
National Lottery Community Fund
Cost of Living Grant
Sine YMa / CineYMa
Other
5
Income from other trading activities
6
Rental income
Fundraising events
Management fee
Other income
Other trading activities
Income from investments
Other income
Interest receivable
- 18-
(Continued)
Charitable
Activities
2025
18,200
9,999
28,068
30,000
131
10,000
76,055
Charitable
Activities
2024
19,00
172,453
31,857
1,000
116,858
Unrestricted Unrestricted
funds
2025
funds
2024
51,387
50,000
287
101,674
54,100
1,741
41,361
97,202
Unrestricted Unrestricted
funds
funds
2025
2024
:
-
3,173
608
3,781

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
7
Other income
Unrestricted Unrestricted
funds
funds
2025
€
2024
-
347
8
Donations
Expenditure on raising funds
Fundraising and publicity
Support costs
Unrestricted Unrestricted
funds
funds
2025
2024
49,477
52,767
- 19-

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
9
Expenditure on charitable activities
Direct costs
Staff costs
Depreciation and impairment
Direct costs
Advertising and Marketing
Training and welfare - staff
Volunteer Costs
Premises Costs
Equipment leasing
Insurance
Sundry
Administrative expenses
Repairs, renewals and maintenance
Artist fees
Building rental
Charitable trading costs
Share of support and governance costs (see note 10)
Support
Governance
Analysis by fund
Unrestricted funds
Restricted funds
Charitable
Charitable
expenditure
expenditure
2025
2024
€
303,094
12,010
15,997
2,359
3,493
437
216
18,086
7,733
10.423
11,677
65,687
50,000
-
501,212
140,544
4,039
645,795
471,161
174,634
645,795
290,353
6,853
4,639
1,794
1,447
9,776
17,217
5,065
8,381
8,067
4,240
76,295
2,628
443,765
92,110
4,029
539,904
388,930
150,974
539,904
- 20 -

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Support costs allocated to activities
Staff costs
Sundry expenses
Rates
Travel and subsistence
Bank charges
Administrative expenses
PPS
Light and heat
Subscriptions
Governance costs
Analysed between:
Fundraising
Charitable expenditure
2025
101,032
4,582
16,951
1,667
486
3,387
1,713
53,245
6,958
4,039
194,060
49,477
144,583
194,060
2025
€
2024
96,785
3,487
940
1,576
263
3,630
33,881
4,315
4,029
148,906
52,767
96,139
148,906
2024
11
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
4,039
12,010
2,160
6,853
12 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year (2024 - Enil).
13
Employees
The average monthly number of employees during the year was:
2025
Number
20
2024
Number
15
- 21-

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Employees
Employment costs
Wages and salaries
Social security costs
Other pension costs
2025
368,136
22,554
13,436
404,126
(Continued)
2024
349,849
25,614
11,675
387,138
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
2025
85,832
2024
80,489
Aggregate compensation
14 Taxation
15 Tangible fixed assets
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or sectio
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects
Cost
At 1 April 2024
Additions
At 31 March 2025
Depreciation and impairment
At 1 April 2024
Depreciation charged in the year
At 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
Fixtures and
fittings
77,281
15,951
93,232
44,809
12,010
56,819
36,413
32,472
- 22 -

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Debtors
Amounts falling due within one year:
Trade debtors
17 Creditors: amounts falling due within one year
Bank loans
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
18 Creditors: amounts falling due after more than one year
Bank loans
19
Loans and overdrafts
Bank loans
Payable within one year
Payable after one year
Notes
19
Notes
19
2025
7,581
2025
10,743
5,025
1,906
1,877
6,900
26,451
2025
35,991
2025
46,734
10,743
35,991
2024
6,484
2024
3,500
3,671
2,861
10,032
2024
-
2024
:
Bank loans relate to a loan obtained from The Development Bank of Wales. The loan was awarded in
September 2024. Interest is charged at a rate of 7.5% over a period of six years. The charity commenced
interest payments from November 2024, with capital repayments starting in February 2025.
The loan is secured by way of a fixed and floating charge over all property owned by the charity.
20
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
2025
E
13,436
2024
11,675
- 23-

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Retirement benefit schemes
(Continued)
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
21 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 April
2024
Incoming
resources
E
45,670
ACW Gyda'n Gilydd Grant 2023/24
National Lottery Grant - Cinema
WCVA Landfill Grant
UK Government Shared Prosperity Grant
RCTCBC Community Multiply Grant
National Lottery Community Fund
ACW Creative Futures Grant
-
45,670
5,000
18,200
9,999
28,068
10,000
38,822
18,875
128,964
Resources At 31 March
expended
2025
(50,670)
(18,200)
(9,999)
(28,068)
(10,000)
(38,822)
(18,875)
-
...
(174,634)
Previous year:
At 1 April
2023
€
Incoming
resources
Resources
At 31 March
expended
2024
ACW Gyda'n Gilydd Grant 2023/24
Cardiff YMCA 1910
Summer Dance Programme
National Lottery Community Fund
UK Government Shared Prosperity Grant
ACW Creative Futures Grant
SineYMA / CineYMa
2,910
36,670
6,639
:
46,219
48,670
-
-
64,192
19,808
16,755
1,000
150,425
(3,000)
(2,910)
(36,670)
(70,831)
(19,808)
(16,755)
(1,000)
(150,974)
45,670
:
:
45,670
- 24-

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21
Restricted funds
(Continued)
ACW Gyda'n Gilydd Grant 2023/24
This fund administered by Arts Council Wales is to support the delivery of our annual Summer School and the
training and development of artists in 2023/24.
National Lottery Grant - Cinema
This fund from the small grant via NLCF is to support the development of our Cinema at YMa.
WCVA Landfill Grant
This fund was to support the development of our Planned Ponty Planet programme of work and our broade
climate change development
UK Government Shared Prosperity Grant
This fund, administered by RCTCBC, is to support our core work that cuts across programming and venue
development.
RCTCBC Community Multiply Grant
This fund, administered by RCTCBC is a project to expand our existing community engagement initiatives,
focusing on integrating numeracy into creative activities.
National Lottery Community Fund
This large fund from. NLCF supports staffing, equipment, and programme delivery over a five year period.
ACW Creative Futures Grant
This fund was a business development grant from ACW to support the development of our fundraising team.
Cardiff YMCA 1910
The funding was for equipping the Creative Classroom, a space in which people of all ages and abilities come
together and gain access to high quality equipment and training opportunities.
Summer Dance Programme
To champion inclusivity, creativity, and collaboration by bringing people of differing lived experiences, abilities,
and ages together at YMa to build and strengthen our community through dance, music and film. The summer
school gave opportunity to 30 children and young people aged 8 to 18 to work collaboratively with
protessional artists through music dance and film, to create a performance for parents, friends and funders.
CinYMa
A small grant received from interlink to support the development of our Cinema at YMa.
Transfers
The transfers relate to purchases of fixed assets.
22 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
€
Resources At 31 March
expended
2025
€
f
General funds
21,765
503,559
(520,638)
4,686
- 25-

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Unrestricted funds
Previous year:
General funds
At 1 April
2023
65,396
23 Analysis of net assets between funds
Incoming
resources
398,066
(Continued)
Resources At 31 March
expended
2024
(441,697)
221,765
At 31 March 2025:
Tangible assets
Current assets/(liabilities)
Long term liabilities
At 31 March 2024:
Tangible assets
Current assets/(liabilities)
Unrestricted
funds
2025
36,413
4,264
(35,991)
4,686
Unrestricted
funds
2024
32,472
(10,707)
21,765
Restricted
funds
2025
Restricted
funds
45,070
45,670
Total
2025
36,413
4,264
(35,991)
4,686
Total
2024
32,472
34,963
67,435
24
Operating lease commitments
At the reporting end date the charity had outstanding commitments for future minimum lease payments under
non-cancellable operating leases, which fall due as follows:
Within one year
Between two and five years
In over five years
2025
53,636
205,884
744,384
1,003,904
2024
€
53,636
209,520
798,019
1,061,175
- 26-

ARTIS COMMUNITYICYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
24 Operating lease commitments
Lessor
At the reporting end date the charity had contracted with tenants for the following minimum lease payments:
Within one year
Between two and five years
2025
€
34,496
77,415
111,911
(Continued)
2024
34,496
111,911
146,407
25
Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
26 Cash absorbed by operations
Deficit for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Cash absorbed by operations
27 Analysis of changes in net debt
2025
(62,749)
12,010
(1,097)
5,676
(46,160)
2024
(44,180)
(3,781)
6,853
17,035
(15,601)
(39,674)
Cash at bank and in hand
Loans falling due within one year
Loans falling due after more than one year
At 1 April 2024
€
38,511
:
38,511
Cash flowsAt 31 March 2025
(15,377)
(10,743)
(35,991)
(62,111)
23,134
(10,743)
(35,991)
(23,600)
- 27-