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2025-09-03-accounts

THE GWYL LLANFYLLIN FESTIVAL ASSOCATION

Registered Charity Number 1158283

Trustees Annual Report covering 4[th] September 2024 to 3[rd] September 2025

Administrative Details of the Charity

The charity’s principal address is: Rhosddu House, Llansantffraid, Powys, SY226TH

The trustees and principal officers are:

John Eddy – Chairman / Trustee

Margaret Clennett – Secretary / Trustee Alistair Turner – Trustee

Pauline Boucher-Glynn – Trustee

The GWYL LLANFYLLIN FESTIVAL ASSOCIATION, known as the Llanfyllin Festival Association, is a Charitable Incorporated Organisation with a constitution. New Trustees are selected by Trustees and committee members and appointed at an AGM or a general meeting. It is usual for potential Trustees to serve on the committee before being appointed as a Trustee. The charity is run by volunteers; in the main these are the trustees and committee members, who organise the concerts and any other events.

Activities and Performance for the Period

As stated in the constitution: “The charity’s objects are to promote, develop and maintain public education in and appreciation of the art and science of music in all its aspects by the presentation of public concerts and recitals and by such other ways as the trustees shall determine from time to time in the county of Powys for the public benefit.” To achieve its objective the Charity again organised the annual Llanfyllin Music Festival, this year comprising five classical concerts performed at St Myllin’s Church and a workshop at a local school in Llansilin. The audience, coming from Powys and beyond, totalled around 300 across all events.

Financial Review

This financial year runs from 4[th] September 2024 to 3[rd] September 2025. We started the year with a net asset balance of £39,639 (which included current account £2,740 and deposit account £37,599) and ended the year with a net asset balance of £36,647 (which included current account £493 and deposit account £36,154).

Total income for the for the financial year was £9,769 and expenditure £14,518, giving a deficit of £4,749, being an operating deficit of £8,481, offset by donations and interest of £3,732. In respect of the latter our thanks must go to our patron, Peter Bennett-Jones, for his generous donation of £500 and also a £1000 donation we received in memory of a previous committee member, Joanna Walker.

While the finances therefore do remain healthy with significant sums in the deposit account, a previous policy decision was taken to allow overall funds to be reduced in order to continue staging concerts and additionally run an outreach programme.

The purpose of any deposit account reserve remains as previously reported, namely to:

The Charity’s bank is Natwest Bank, Owain Glyndwr Square, Aberystwyth, SY23 2NB, and a deposit account is held with Cambridge and Counties Bank, Charnwood Court, New Walk, Leicester, LE1 6TE.

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed:

Full Name: John Eddy Position: Chairman & Trustee

Date: 28[th] October 2025

INCOME & EXPENDITURE for the year to 3rd September 2025

INCOME 2025 2024
Direct Income
Festival - Ticket Sales 5,123 6,360
Programme Sales 247 222
Refreshment Sales 667 598
6,037 7,180
Indirect Income
Funding (Donations & Grants) 2,176 740
Interest 1,556 1,448
3,732 2,188
Total Income 9,769 9,368
EXPENDITURE
Musician's Fees 11,679 10,150
Musician's Expenses 1,383
Advertising & Marketing 699 506
Online Ticketing 0
Venue Hire 1,061 1,000
Stageing 0
Programmes cost 175 169
Refreshment cost 568 548
Admin & Sundry 336 82
Bank fees 3
14,518 13,841
Total Expenditure 14,518 13,841
Net Surplus / (Loss) -4,749 -4,473
BALANCE SHEET as at 3rd September 2024
ASSETS 2025 2024
Fixed Assets 1,100 1,100
Current Assets
Debtors 0 0
Cash at Bank - NW Current 493 2,740
Cash at Bank - NW Deposit 1,112 4,065
Cash at Bank - C&C Deposit 35,042 33,534
36,647 40,339
Current Liabilities
Creditors - St Myllin's Church 2,061 1,000
Creditors - Alys Hughes 800 800
2,861 1,800
Net Assets 34,886 39,639
REPRESENTED BY
Net Surplus Brought Forward 39,639 44,112
Surplus Current Year -4,692 -4,473
34,947 39,639