Struts and Frets
Struts and Frets is a reg15tered Charlty (reg no. 1162917). The Principal office is 154 Metro
Central Height5, 119, Newin8ton Causeway, London, SEI 6BT
RL'POI"t ot. IIILI ti"iisteLi% fq)i' Ili(, yi'.'It" iiii(Iliix I Ciili MiifLh 2n24
The following report and flnanclal revlew have been prepared In accordance with the
Charities Act 2011, and the Statement of Recommended Practlce appllcable to charities
preparin8 their accounts in accordance wlth the Flnanclal Reportlng Standards for Smaller
Entities.
Struts and Frets is a Charitable Incorporated Organlzation, governed by a Foundation Model
nd
Constitution sino Thursday 2 July 2015.
Structure. govei'naiice and niaiiageinent
Struts and Frets has three trustees, two of whom have been in place since foundation, and
the third replaced in 2022. There have been no other trustees or custodians, and there are
no plans to recruit or appointment any more trustees. No other person or body external to
the charity is entitled to appoint one or more of the trustees.
The charity trustees have complied with their duty to have due regard to the guidance on
public benefit published by the commission in exercising their powers or duties.
The daily operational running of the charity has been delegated to the Director.
All activities undertaken by Struts and Frets have been entirely for the public benefit.
whether recruiting for productions as widely, openly and transparently as possible from the
general public, to performing for free, collaborating with as many artists, designers,
direttors as possible at no expense to them and to no private benefit to ourselves. We have
covered the cost of all productions and reimbursed all participants, have benefitted the
public in free live or recorded performances,,or discounted live performances. and havo
made no financ4Lor Q$hAL£L￿O￿eI￿R5.
Directors and Trustees
The directors of the charitable company (the charity) are its trustees for the purpose of
charity law.
The trustees and officers serving from 17th March 2023 until 16th March 2024 were:
Rosie Wesemann,
Zumrut Somel Gray,
Monika Stansall
The Director is Francesca De Sica
th
There have been no other trustees or custodians during the period to 16 March 2024.

The Trustees have not recelved any beneflts or payments from the charlty during the period
ending 16 March 2024.
Piii"Iii).so 'iiicl ALtfjviilLI
The Objectives of Struts and Frets15 to advance, Improve, develop and maintain public
education in, and apprecSatlon of, the art of drama by any means the trustees see fit,
including through the pre5entatlon of publlc performances.
Pei'toi"nia iico. il11(l Ac'li l LIVLI111 LA11 t.
Between 17th March 2023 and 16 March 2024, the maln focus of the year was the
production Df Mabinoglofti-er "Y Mablnogl" the Welsh-EnglislJ.language children's
outdoor theatre touring production with CADW. A full report of the production, the tour,
the education pro8ramme and the breakdown of costs and impact can be found in the
Appendix (pages 3-5 below)
Plans for future periods
The company is taking a break in 2024 to regroup and apply for appropriate funding to
continue the tour of Y Mabinogi to every school in Wales for every year from 2025.
Financial review
For the year ending 16th March 2024 Struts and Frets balanced out their payments and
receipts.
Total expenditure for the charity for the year ending 16th March 2024 was £65.337.88
The charity received £34,788.84 in tax rebates (VAT and Corporation Tax) and £4,020.00 in
ticket sales.
Struts and Frets has no investments, no reserves and no assets.
Ihe Dir£
ncialmanagement of Struts and Frets. The
atemen
ave
een
he Truste
transactions an
e summarise
The following financial summary has been prepared on a receipts and payments basis. The
charity has no a55et5, no ligbilities and no investments.
th
Struts and Frets Annual accounts for the year ending 16 March 2024
Income
Expenditure
Net Deficit
£38,788.84
£65,337.88
£26,529.04
Signed Trustee:
Date:
(}% TIF

Tlie Mabinogion/Y Mabinogi Report 2023
This 2023 reportls a summary of events In 2023, followlng on from the full re
ort of
DeLeinber 2022 whlch provlde5 the overvlew of The Mablnoglon slnce Its inception In 2017.
2022 wa5 the first year of the tour and wa5 Intended as a trlal-run, "proof of concept"
exercise to apply for and recelve fundlng and endorsement In order for this to be adapted
•nd repeated as an annual, flxed event for the theatre Gompany and on Welsh schools,
. WetldrtterAfw funuihé for 2023, but we had already committed to a tour
with CADW and performance5 at other venue5, $0 we continued but in a pared down tour.
laniiarn" liilv 2023
We ￿hired last year's Producer, Director, Assistant Director and cast for two performances
at the Pont
i idd Childreii's Stor
tellin
Festival on Saturday 13th May.
We then held auditions in late May to replace five of the six original cast (all committed to
other tours in 2023), the same designers to retouch the set, props and costumes, promoted
last year's crew member to road manager and found another sound director.
.As this was a pared down tour, the only thing that wasn't recycled from last year was a
whole new performance, devised by a new cast, bringing in their individual talents and ideas
to create a new and different musical performance of Y Mabinogi. All props, set and
costumes were reused from last year, no new purchases were made, no money was spent
on marketing and the cast were accommodated at the Artistic Directorfs house in Gwynedd
where logistically suitable.
We also worked with Mewn Cymeriad/ln Character again to invite schools but there were
no workshops this year.
We rehearsed in the same venue In Cardiff, Ocean Arts Centp. from9th
erformance2t.rfe ITaawbraATCSaFdgAh￿4l￿eS on 23rd and24t
There was a short break before we performed at the Be
ond the Border Festival on 9th July,
undertook 3 two week tour of CADW sites {St David's Bishop's Palace, Raglan, Caernarfon
and Harlech) between 10th and 20th July, finishing with two dates at Theatr Clw
d on 26th
July.
The indoor performance5 were paid and made life easier in regards to sound, lightin& set,
props costumes etc. All these venues have requested we return in future, and we even
made connections with the National Museum of Wales to perform indoors.
We were disappointed as despite movin8 the tour from October to June and July to avoid
the difficulties of adverse weather conditions last year, we were still rained off in some of
the outdoor CADW sites, We have also yet to understand the terms and conditions of
until the first
une.-

receiving the £5,000 prom15ed Investment wlth CADW, and the Artlstlc Oirector will be
di5CU5sin8 a different approach to future collaboratlon wlth CADW over the comlng months
as we both wish th15 collaboratlon to contlnue.
.,Ic"1i i LIVLiiiieTI I
Y Mabinogi was the first, bi-11118iial tourlng theatrlcal adaptatlon for children in Wales of the
Four 8ranches of The Mablno85.
For many CADW 51te5, th15 wa5 the flrst tlme an adaptatlon for chlldren of The Mabinogi had
been performed withln thelr estate
We have established excellent and mutually beneflclal relationships With a range of
partners, and in particular wlth CADW and Mewn Cymeriad/ln Character. These
partnerships have been key to securing both location5 and audiences for v Mabinogi
We have produced education resource packs through Google Classroom which can be
utilised by any schools keen to connect with the show and The Mabinogion generally.
We have also created a school's workshop programme, which can be replicated for
continued engagement with schools and students as we head into the 2023 touring period.
Again, our recruitment process - of performers, designers, directors, producers, writers,
stage managers and all and any other participants will be drawn from as wide and broad a
spectrurn of the public as possible, and will be open to as many members of the public.
either live or recorded, fulfilling our wish and our duty to perform for the public benefit
Plans for future periods- partnerships and sponsorships
After buying Panteinion Hall in Gwynedd to accommodate the actors and theatre set, we're
taking 2024 to regroup, recalibrate and recuperate.
From 2025, the outdoor tour will be planned in sites that have an indoor or covered area to
accommodate adverse weather conditions. There will be more indoor and in-school
performances, resulting in a mix of free, schools, performances and ticketed, public
performances.
The performance itsèlf could be7dapted tqFurpme, wlth a public
rformance andan .
educational performance to run In schoo
alongslde educatlona
workshops.
We will be performing at other sites besides CADW to reach greater and more diverse
regions and areas, but st511 focusing on Welsh heritage and landscape.
We will be findin8 a Welsh speaklng producer and hlring a Welsh speaking 8rant writer to
ensure we get maximum coverage in Wales and the best Possible chance of fundin8.
We won't use a marketing agency again for next year. More cost effective proved to be a
repetition of 2023's approach with some additlons..
reusing the artwork produced Sn 2022 by Cowshed
a PR agency for their press reach and contacts
a graphic designer for the artwork and anlmations

a freelance photO8rapher/videographer to follow the tour
Partnershlps and sponsorshlps
The intention is for Y MabSno81 to widen Its reach to chlldren and family audiences across
Wales and to be embedded In the schools, currlculum and ultlmately pay for (and manage)
itself.
Our funding mix for 202515 based on securln8 funds from three prlmary sources.
l. Earned income from ticket sale5 for a w5der run of publlc shows
2. Private funding through corporate sponsorship, charltable donations & trusts and
3. Public funding through organisations such Arts Council Wale5, Lottery Community
Fund & Heritage Lottery Fund
We will be making an application to Arts Council Wales in January 2025, with the
expectation being that this application will equate to approx 35% of the project budget.
Funding applications to Heritage Lottery Fund and the Community Lottery Fund will also be
made in early 2025. with the expectation being that these applications will equate to approx
15% of the projett budget.
Our partnership with CADW will be developed further. and in-kind support from CADW for
2025 is likely to be in the region of £20K, covering both in-kind use of their sites and
additional management support in connecting with communities and marketing support.
CADW have endorsed us in 2022 agreeing to support our education programme and
resources with a £5,000 investment.
As the charity is now registered for VAT, we will be looking to reclaim relevant VAT
purchases from the 2023 tour {and other claimable retrospective VAT costs). In 2023, we
re￿iVed a VAT rebate of £1776.59. We will also be looking to establish Y Mabino8i ticket
sales in 2025 as having 'cultural exemption, status for VAT, which will ensure we can retain a
larger proportion of our gross sales.
. Asthe charit.y 1s*o._ty￿* fed for
including a theatre tax relief (TTR) claim for the 2023-24 financial year (which included the Y
Mabinogi 2022 tour.) In 2023, we received Theatre Tax Relief of £33,012.25.
1.1 YL

CHARITY COMMISSION
FOR ENGLAND AND WALES
uis aiid F
Reeeipts and payments accounts
CC16a
For the period
from
To
Section A Receipts and payments
Unrestricted
funds I
to the n•are
Restricted
funds
Endowment
funds
Total funds
to the nearest £
to the nearest £
to the neargst £
A1 Receipts
Ticket sales
Director personal fund
4,020
26.529
Other
Sub total (Gra￿ income for
AR)
34.789
65,338
an
(see table).
Inves
sa
es,
Sub total
Total receipts
A3Pa
ments
Staff costs
Markets.
Costumes, set props, rehearsal and
rf0rnan￿ s
ace
Travel and Visa
Sundries
47,042
2,671
8,390
1,826
65,338
Sub total
A4 Asset and investment
urchases
s68 tsble

Sub total
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash fund5 last year end
Cash funds this year end
.00
0.00
0.00
0.00
.00
0.00
0.00
0.00
Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
to nearest £
Restricted
funds
to n•arost £
Endowment
funds
to nearest £
Categories
Details
B1 Cash funds
Total cash funds
0.00
0.00
0.00
es with recwpts and payThents
accounllsl)
Unrestricted
funds
to nearest £
Restricted
funds
to n•ar•st £
Endowment
fvnds
to n•ar•$t £
Details
nll
B2 Other monetary assets
Fund to whlch
as8•t belon
Current ¥alu•
tional
Details
nll
Cost (optlonal)
B3 Investment assets
Fund to whlch
aosot b•lon
Cumt Y￿u•
tIMal
Details
Co•t (optlonal)
B4 Assets retained for the
charlty's own use
Fund lo whlch
Ilabllltv relat••
Amount du•
IoDtlonal)
Wh•n du•
loDtlonall
Details

B5 Liabilities
nll
nll
nll
Signed by one or trustees on
behalf of all trustees
C*ate of
ro•rdl
Signature
Print Name