REGISTERED cof*lPANY NUhlIlER: 09610991 IEiiglnii(l finil IltTrles) REGISTKRED cHARITYNU￿11lE1l., 1166908 Report ofilie TruJlee5 An G4'0uI) FliiniicS1l Sintciiieiils fos. Ilie Yeni. Elid￿1 31 htnrtli 2024 for Aweii Ciiliiirnl 1'riist Xeiiiadln Aiidil Llnilied Charlcrcd AccoiinlRnls & Siaiiiiof>' Aud1￿1$ Hi8hdRlc H0115e 7 C¢nl¥e Coiirl Treforest Iiidu3lflRI E51ole Ibnlyprldd RhonddA CY1￿17 Taft. CF37 SYR Awen Ciillui'al Ti'usl CoiileJil.¥ of Ilie Fliiniiclftl Sinlenieiils roy tlie YeAI' Eii(led 31 MA Ycll 2024 P4Re Reijoi'l Ilie Yruslees to 18 Reyorl of Ilio Iiiilcii¢nileiit Aiidllors 19 10 22 Coiisolliloteil Slntenienl tif fiiinn¢Snl A¢llvlllii 23 CoDit>llilhteil Bnlnnco Slie¢l 24 com11n￿Y BAlfiii¢¢ Sli¢¢l 25 Coiisollilnleil Crnsli Illow Slntenieiil 26 Nolti to Ilie Coiisolldnltil Cn$li Flow SIAlenieKI 27 Noles 14> Ilie C0115011d•led FlnnnclAI Slotenieiils 28 ￿ 46 D¢lnllv(I Coiisollilnl¢il Slnl¢Ji>¢ii¢ ofNiinnclnl Arllvltlts 47 10 49 Aiyeii Ciiltui'AI Trusl Repoyl oliiie'f)'uslces foi. Ilie Yeai, iiiled 31 MAI'clI 2024 Tli¢ Iliisl¢es Rre plcnsed Io pT¢seiii Ili¢ir aniiiinl Dir¢¢tors' T¢pon, tO8etlier ilitli tlie coiisolidaied finfincial Slnlcinciils of lh¢ ¢liAril)' Diid lis Ir8di118 5ub3idinry', for tlic ye17r endillg 31 mn￿11 2024. 'niese nTe also prepoffd lo Iiiccl Ili¢ reqiiiTeiiif nls of H Direclois, T¢port nnd tsccoiinls for COJ))i)oiil¢s Aci piirpo%es. Tlic nccoiinis IIAv¢ bc¢ii Iir¢i?ored Iii a¢coidwi¢c iyitli Ili¢ th¢coiirbliiig pDll¢ies ki oul iii 110lc I to ilic Accounfs Riid coii)ply i14jili Il)¢ chnrli) s Nl¢i?ior8iidyiii ond Arli¢les ofAssociailoii. Comparil¢s Aci 2006 nftd A¢¢ovniing ftnd R¢w>rtlll8 by ChAiili¢s'. SIAl¢nienl of Recoiiiii)eiidcd Prn¢li¢e. nppliciiblc lu eliniilics iJrepRfiiig Ilicir llccoiinls trii aceordRli¢¥' ii'iih Ili¢ Finftiicial R¢poTIIii8 SIRnJnr(l applicllble iii Ilic UK lliid Rcpiiblio ofirelond (rRS 102) (os oniciidcd for nccoii7)li118 periods coiniiiencinB fyoin l Jaiiuary 2016). Page I Ai%ci) c￿li￿rnI Ti'usl Repoyl of Ilie Ti'i151ees for the Yenv Eiide(131 M￿l'¢h 2024 OllJgCTIVES AND IICTIVI'I'IES Objecilves ni)<1 filnis Aii'eii Ciiliiirol Tnisi (Aii'¢n) Iv?5 ¢sinbllshed for PLiblTC brnefil. H5 sel oiil ii) ils Articles ofA5socIAIioii, iij: l>roYide pss1$1 in Ilie provlston of eommiinli), Leiiires to bc ovailable lo oll se¢iioiis of th¢ ¢oiMI)iunily i%'iihoiil d151in¢ilon. in¢liidiiig iise for iiir¢liiigs, lecliire5 aiid clThsses niidltsr oilier fnrtais of re¢r¢ntl011 nnd Ici5ur¥ liiiie occiipnlioii will) Ilie objecl of iiiipToi'iJtg tlie condili011s 01. Illc for ¥LII Ihos¢ ivlio use tl)¢ ¢¢nlres: P(OlllOl¢ Ihe edu¢niioii of Ilie piibll¢ Ilirough Ili¢ provision of facililies for IKrfofti)ing Rrts. Adyniice thc cducnlion ofili¢ publi¢ Iliroiigli the proylslon ofiibrnTles: Picscrvc biilldlngs ol"hislorie ornr¢liilcclurnl Iii)w)rlrtnc¢: DevLlop Ili¢ ¢iii?ilcity lind sk1115 for Ilits.s¢ 11.ho Rre s￿1￿11> and eeoiioml¢nlly ￿15nd1'allIO8¢d In 5ucII H M'A)1 Iheji nre b¢lter nbl¢ ID ideiilif>' Diid li¢lp iii¢¢i Ih¢lr Iie¢ds Thnd lo pnrlicipatc li￿[¢ full), in so¢iety* Asslsl In Ili¢ Ir¢nli)ieiii aiid cnr¢ ofpersoiiy siifl¢rlo8 froill iiieiilal or pli)'sicnl illiiess oftsn), d¢s¢ripiion or Iii Iie¢d of rel)nbi15ialiVlI lls ll r¢suli of511clI illnc55, bji Ilie provisioo or racililics for ¢d1icllllo￿. Iriiiiiiiig, ily)￿ ai)d r¢crY*11iuii: oqd Advniiee Ihe ¢di￿ntiOn of tl)c piibll¥ in Ihe conyrvnlion, proic¢iioii thid Iiiiproveni¢i)l of Ili¢ pliysical llnd Molural eiivironiii¢iil. Ai4'¢11's vYenbfLliiiig purp()so 1$ li) mnk'e iiethpll5 Ilves bcll¢r- 'IV¢ ivill iiiiprove iiellbeliig by providin8 OPPOrtlinli>' for peopl¢ Dnd rommiinilics lo ¢¥perl￿¢{ enjoy und bc iiispircd logeil)er by ciiliiiré." Tli¢ 5lrnlcaiLS eiiiploy¢d lo HLlii¢v¢ il)i5 piirpDs¢ In¥liid¢: Preseiiliiig n brond roii%¢ of Iliealrc prodiicilon$ niid perforn)anccs for IIK enjo)'In¢nl niid ¢dii¢Rlioii of oiir Iochl coimiiiui)ily fr¢in ii'ell.111111)ng¢d hisloric&l itcniies ofnrcliiletliiTal Im￿ri￿nce. Qpernlliig Br)'i)gnnY Couniry PArk. for ihe eiijoyinenl of our cominunilirs mid i'isilor4 Oi)¢rnliii¥ ali ¢n¢¢ilv¢ n¢liioTk- of libTaric5 Hnd coi)Iiniinli)' f¢lllr¢s' and Pmi'id5iig iit)rkplnLe oH￿rtUnI11¢S for Iliose ivlio Are dIs￿1vIVI1￿ged. Oiir obJeti5ves for Ilils rtiini)cial j'ear, tsnd fi$soblaied nclli'itles, iitrL' coiisi¢J¢red iii lili¢ ii'iili Ili¢ Clinrily Con)mi551¢in's 8uidni)c¢ Public Ilcnefil: Iluiiniiig a Cl)aril}' (PB2}, 0i)r l?11Si11¢55 pIDIiiiiiiB been b*15¢d on tIIT¢¢ key Ili¢iiies Aiid niimg. Tlioii)e: Pcoijle Aiin.. Ivc ivniil lo b¥ n force lor good iii tacklliig so¢lal iKJlnlion and Imp￿¥117¥ ii'ellbelii¥. usiri8 ruliU￿ lo roiiii¢¢l peopk. suilain coiniiiiinili¢s niid Tliomie.. Plftcos: Aiiii.. Ive ii'iiiii lo fosi¢r ll s¢nsc ol plilce Hiid siippjrt IOCAI e¢01￿Mie tLYOYei)' by iiiiysling In our fHcililLe5. Pmli)oling Ihelr li¢rSlllB¢. eJieoiirn8illg v155ioFs ¥tiid, iyliere li'e cali, bii)iin& l(Tr¢iill)'. Tlieiiie: Good Biisiiiesy Aiiii,. Ivc ivill li51en to oiir ii'ork-force nnd svpporf ilicir iicllbeing; WKI 11¢ ii'ill Iiiaii)lfiii) a foc115 011 beiiig n reswnsible lliid suslniiinblc l)11511)¥S5. A nem, live-)'eiir sinle&)' will bc Inuiiclied iii VArly 2025 r¢neclin8 hoii. Aii'cii IiTrs developed oiid ii)fttiir¢d 0$ Dii orgnnisalioii, lis gr¢nl¢r bi¢ogrnpliiLttI T¢aclI uiid lis iiiissioi) lo ii'id¢n PthTli¢ipblion oiid Op￿rturi11y. P4g¢ 2 Ai¥eN Culliirhl Ti'usl Repoi'l of Il)¢ Ti'iislees for tlie YCRI. Elided 31 MAI'clI 2024 OJIIF.CTIIIF.S AP4]) ACTII'ITJES ObJtctlYo3 niid nlins 202312,1 ii'ill be rciiiciiibcred b). niaiiy al Aii'eii as Ihe }enr th¢ Cjrand l>ni.Ilioi), Poill)cai%,I closcd lis doors foT ili¢ filial iiiii¢ b¢fore1is lnildi￿arL £20111 rc.rt¥i'eloi)iii¢nl. li ii'os fslliiig lJri(l%¢nd Youili TlicAITc slRg¢d Ihc finol pcrfoiiiiaitce alloiving A w'en lo c¢lebral¢ di¢ Yeiiue •iid Ilie pnrl il plft)'s iii Ilie locftl niid r¢gioii.Il con)i)iiiiiliy. li served too, ns a Teiiiii)dcr of Ilie rL'siilis Il)*lt cali bc gftiiied ihtough good tollAborA(ioii Riid paniiersliip- a Iliein¢ i,hlch M'ill fenlure slron8ly iii Ali'en's i)¢ii' slrnl¢g)'. As ilie Gralld Pai'ilioii closed, liiv oih¢r ie.dei'¢lopmenls iitre ciitcriiig th¢ fiiiBI nion1115 of Ill¢lill Colltracl ii'ork5. Ily tlic Ciid of2024 Aii'eii i1x)Iild bc r¢-QPCIiiIIB I. fvliini iii Poiit)'PTidd aiid Ma¢st¢g Toii'n Hfill- ft total phrlii¢rslilp progranime In excess of £16 nilllloii. Fl¢lpiiig eiisiir¢ all Ihre¢ veiiiics Iloiiiisli ii'ill b¢ Ilie r¢iciiiic siipwrl iiilo rtiliirc ytafs a5 A resiili of Aii'eii's svccessfiil Ails Coiincll of iVfilc5 1ii1'¢slll)¢Jil Revie¥i' nyplicatioii. It 15 11 Yery, proud Inoiiitiil lor tlic cliarlty lo bc reco8iiis¢d for ils ii'oik 8cross lh¢ QTts. 2023.24 snii. Ihe Ii)IIotfu¢iloii of tlit UK (ioi'¢iiimcnl'3 Sliftrcd Prospciily Thiiiding pro8raniiiic5. Aii'¢n 5u¢¢essfiill)' d¢v¢lopcd pro8raiiiiiics ll¢TOSS &II tliree of ils local alli1￿111), parln¢rsliii)s: Iililising Ilie fiiiiding lo devclop neil. bcneficiary li￿r￿ slrcillllS aroiind skill& creiiliye P11 rticipntlon Diid fre¢ lo a¢¢e5s ¢v¢ii15 to IK>osI ioivn ceiilre rcg¢si¢rTrtloii. Aii'eii Cliaii(yposled o fiiTrnilcl￿I d¢fi¢il for Ilie y¢fir of£1 37k, £256k of ii.lilcli ii&s d¢pr¢¢iailon £29k iiys usc of r¢siTIcicd ftiid d¢slgiiftled resen'cs biiili lip ill Prior yenrs for specific pmjecls. Reserves Teimnln h¢o111i}'. Tliis piits Ali'en In Bood Sf¢aO io IiAibiEal¢ ii,Ii%ll proi)is¢$ io be Tr dlfficiili ccoiioiiiic aiid Plibllc thndii?g lfind5copc o%'¢r Ili¢ co1￿1118 )*ars ii.hilc ￿TraInI￿lmS1)g ils fo¢u5 oh li￿py0VIl￿ cr¢Ailve, social nnd ewiioini¢ oiilcoiiies lor Ivoiking collaborftilvely Is Jl Ilie ver). henrl of Aiycii's ciiliiirc ￿ld vnlucs. By li￿r￿lI78 iii piirliKrsliip ii'iili oiliers, froii) ncros5 111 secioTS, li'c ¢ftn llLI)le%'e gienler so¥lal Iinpncl niid beiiefii for our cli￿0¥￿¢[5. stthff Nid stakeliol(kt8. Tnisie¢s ii'oiild oiicc *8RilI like lo cxleiid Ilielr 8iniliiide for Ihe Inuliiftl uiiderstwidin8 Mid siipposl IhRI ¢Klsls belii'eeii ilsclf niid each of ils Ilir¢¢ ¢oiiii¢il p41Nii¢r5 {Llridgciid, Rlioi)ddll Q'iion I nf lliid Blaciiiiil Giycnl) 114iicl) siippon5 Ilie acliievenicni of slinred oiilcoiiics for OllT coiiiinunili¢s. As Ili¢ oiiilook IVT piib5iL fiiiniiccs grom'5 cvcr IIIOTC collccTllijl￿, Aii'cii ack'noii.Icd8cs Ihc coiiiiiiiliiiciil ofcacli partiicr lo Ilic ciiliuThl N8ciida. Ali'en ii'oiild nlso like lo Iliniik Il)e Arts Council of iVnl¢s llnd Ivelsli OoY¢niii)eiil lor 11$ ¢onliiiMed SUPW>TI. nlon8sldc olhcT pnilii¢r$ Si. Brid¢s Mliior Coiiiiiiiiiiily Coiiii¢il, Mi¢ esl¢g Toii'n Coiinell, Poriheii iibl Toii'ji Coiiricil. Vill¢ys lo CoAsl Ilovsiiig. BAVO. IIICVA, N8liirol R¢5011rces IVnle5 aiid Ilio N&lioiiAI HcrilN8e Lollery Fviid. As is ¢11sloiiillry, Iliis rcyurt i¥'ill Ibf¢rence R ITI)'riad ofoilier pirliiersliip5 11,hicli 511PPOrt Aii'cji in ils ii'ork niid rc5111t iii grcnlcr r¢o¢li, Yaliic ￿[1d qunlily of¢iii¢rl¢nc¢ foroiir ben¢fi¢lniies llnd ￿lI111)linitIes. Inipth¢l Bcloiv (lelolls.soiiie rjf Ili¢ iiiqi)y k¢>, n¢l)i¢v¢iMenls diiri)Ig lh¢ 2023- 2024 fi11on¢i81)'¢ar. 'I'lic piibli¢'s npp¢lil¢ for 115iii8 Il)eir Iorii I libinry¥ iyhicli iyhs uiiderliiied by usoge figiifes for Ilie fi￿1 fiill J'ear siiice Ilic ￿li]d¢1)llE ii'ns siisllliried iiriiig 2023124. Toinl tooifall 4cross Bridgciid'5 libvary scrvicc incr¢a5cd 10 359,371 iiiili lolal i5511¢5 of books nnd dlglllll r¢soiir¢es iololling oi'¢r 466.000. Ive foeili11£ led Iirftrl). 16,ODO publi¢ ICI. x55iVI35 niid oiir Book5 thi Ivliccls librar),, li'lii¢li se[Ip¢s Ili¢ elderl).. Iioiis¢boiiiid niid oili¢rs nt risk ofbciiig so¢i#lly i501nt¢d, i5511cd,17.837 1)ooKs io fflor¢ Iliatb 300 iKiicficiaiics. Tlic libTary 5ClI'i¢e15 iii good sliApe for tlie fuliire liplili oi'¢i.I,000 Keli, JII¢ITibeTS regisler￿1 durliig Ili¢ )'¢¥r. 'riils yrftr Iins 151sv b¢ClI lil iiicrca5c in 4jciiiniid lor piKtical (tiBilnl 511PlXlrt Iliroiigli oiir librnric5 11.illi ¢usloin¢r5 r¢iiiiiriii¥ Iielp H'illi oiiliiic Npplicotioi)$ for biis pR55C5, Y15JS ttd scliool pla¢¢5, 5clliiig lip Ilic NHS HPP lo obiii in repeal PT¢sciiplions obtaii)1118 e4r i115111lln¢¢. Our iPid loilll s¢liein¢ ¢oiiliiiiies lo be iiiiwrtaiil el¢ik)ciil of oiir di8ilnl siippoJi pRrkog¢ ii'iil) oiic ¢&rc.ex￿ricI1Qed >loui￿ periol) lelliiig MS Ilie loa]) of oil il>ad IIRd beeii Wlifc saveT" for her i?Jid Iielped eiiS¢ her sense of i501i11toii. Aiiotlier tiser iylio li.￿ been forced lo flee lier ILoni¢ iji UKTainc hL15 borroii'ed Hll IPad to Iiclp Iier leani Eiigliyli Aiid s¢arcli for ii'oTI'. Ai Ihc hcAit of Cpiir librArics' offer is siiptM)rt tor eliildten's liieracj.. Tlie Suiiiijiti ReRding Clialle(Igc i%,hicli aiii)s to aildre5s Ilic dip iii liicyacy Ici'cl$ di*rin8111¢1oi)g scliool Iiolidfty sAiY 2.299 youii8 peopl¢ si811 vp in 2023 11'itli a coiiiplciion int¢ of 64•/0. l.'ifl)' locol s¢hools ii'ere i'isiled lo proiiioie ilie PAge 3 Aiitji cilli￿rnI TJ'u$l Reporl of tlie Trll5tees roi" tlie Yenr Ei)ded 31 Mllycli 2024 OBJECTIVES AND AcfiviTIES s¢li¢iii¢ oiid ii'c ioii 220 suiiiiner IlcadinB C.hollcngc events a¥lTvltlc$ Such as YDU'I libe ii'oTk5hops, a ￿dIng wid 3D prinling rondshoii,. Le80 Club$ nrtd nnliiiftilon ii'orksliops. Tlils heli*d ¢hildr¢ii's IM)oK isyies reach ilielr peak for the yeftr ii'iili 21.589 ¢liildf¢ll's it￿)75 i￿l￿d iii Ats￿￿$1, Mtsiiy s¢liools have also eiijoyed rogulnr ¢lhss visils lo Ili¢ libfOryp or hBI'¢ pop-lip librhri¢4 lyjok c5ubs ftnd scho(Il i'isits froill tlieir locAI librnry lea711 Is'illiii) Ili¢ scli¢M)l stltii?￿. Tliis is Yfiliic"Èldded proiii%lort undetiftLeft b). Aii'eii IIINI goes l￿yond ili¢ ¢OTe librar), SLri.Ice. Tlie Iieiy Pop-up Ilbnry Rl l)ortlicnivl L'oknprelienslve is 01)t 8u¢li exniiiiile w,lier¢ rli¢ s¢l)ool has issucd 182 book'5 10115 YL. r 7 pupils Ihroii&li iliis p&rfiiersliip. 'riie iiiniioiinl Brldgelld Clilldr¢n's l.il¢ntiir¢ Fesiivftl IYAS held iii N4n)'lJuii¢ 2023. It rnn llcr05s all oiir vciiiies. illLludiiig Bryn&iftThi, Coiittlr), Pftrk. LibrDT1¢5 II051¢d 32 profcssionnl ev¢nls ii,hi¥h ii'¢r¢ ft1lciid¢rt by IllOT4 ihaii 360 people. F¢¢dbft¢k %i'D5 cAircm¢l)' p)Sitii'c, niid I 5ccoiid 5u¢c¢ssflil ei'ei)l M'os l)¢ld 511 eftrly 2024 wliich provlded mfiny opN>rtiinili¢5 for rliildr¢ii and ffiiiiili¢s lo engnRe ivitli auili()ts uiid IIILI51fniors. AIv¢ll'5 librnrles Lonlinii¢ lo ￿ pla¢¢5 of ivclLoiiie, soiiLIuDry niid l¢JniinB. ll115 IIAS bc¢n pnrlieulail). ci'iorfiiig nil in¢ren5cd 5e115e of social i501alion Rl)ioNg soili¢ of oiir oldcr ciistoii)crs iyho cali beriefil slgnifiLaiiil)' ITOllI tli¢ opponuiiily (o Yisii Ilie libwry,. ¢hal 10 Ili¢ slnfl- fiiid Iiik'¢ Pli Tl iii siJi)i)l¢. 85niilarl)'. iyc Iiai'c becii fible lo posilion libriirie$ 115 n free plnce for faiiiilics 10 coine, speiid IiiiiL logcilier Aiid ¢OIIIIL'LI ii'illi oilieTS. Tlii5 Iins becoii)¢ ii)Lr¢iisiii&Jl)' inirM)rt4lllt 115 Ilic cosl.of-lii'iiig crisls coniiiiu¢$ to Iiiipi1CI our con11￿lIniti( s. Lclebrnlii)8 IIIcs¢ 5AIII¢ ¢oiiiiiiiiiilil¢s 1$ Pi¢ Tl of Aii'eii's purpose Riid lo iiioik Ilie 40ih DnniveTSnr)' oftlie Miiicig Slilke li'¢ i)r¢s¢iiled'Beliiiid il)e Ibl¢kel Lilies; u i'irtiiDI renlli), ¢Nliibilioii' Ivlii¢li gAi'¢ I￿ll¢ lo 11105e nfteclcd by tlic slrlk'e. Heallli niid ivellbeiii8 eoiiiliiiie io be n prlrtrril). for oiir librnrics ai)d aclivliies to s(Ipport Ihls lini'e Incliided Ilie developiiiLlIt of n Iieii. Illellbei118 R¢ftdliig Gn)Iip In Elridgcnd Thiid n hybiid ReadiihB GTI)Jp In l>orihLaii,l ii,Iiicli oft¢is nii onliiie oplioii lo Ilws¢ iinnble lth allciid p¢rsoii. Ive lifti'¢ olso i'orked iii pfjrtii¢r$liip ii,Iiii MIND lo hosl ni¢iilAI h¢alth J¢$sioii$ Irf P¢n¢o¢d Libroo,. A14'eii'5 Ilbrftries tli¢ heari of n rniig¢ of coiiiiniiiii(y Pllrlnersliips ii.hich is just one reason ii*i)Tr 8 Jilh of oiir Cll8loiners r¢poN using tl)e IlbrnT)' Iins iiiTrd¢ n dift4'rL'n¢e 10 Ilielr live5. Fniplo>'nbllily DTid¥eiid Iiiet( Il)¢ir ¢1Seiils In libftiri¢5, piovid¢ 5pir¢ for DTidg¢iid Colle8C to dcliv4f IT coiirsk5 oii¢J i%,¢ Iinyr pllrliicTcd iviili agin¥ies aiid groups Il)nl support faiiiilii's And oller ih¢ii) Olir siiare ni￿ r¢K•iir¢es io ¢r¢cl1¢ rt saf¢ and ii'¢lcoiM5118 eiii.1roiiiiienl li) nr¢o3 wl)er¢ Ili¢ n¢ed is Bniiesi. Tliese Pirliiers iii¢lud¢ CIMyiiI on Us ii,Iio dcliYLr coiifidLiic¢ biiildiiix SLSsions for pnr¢n15 11'isliinx lo llii Iniilalive m1p￿)N1ng ¢l?ildhood lii¢r•¢)' fiiid pareiiiliiE sklll&, Ille nlso nliii 10 siipport oiir ¢oiiiiniiiiiii¢s 10 leel Si¢ fc by foilllinlin¥ Dci¢%s i(> iIIv5¢ 11.ho rnii Iiilp. LoLnl Poli¢L Con)Iiiiiiili)' 8iipporl nftiL¢rs11)LSOsl liold rc8ulllr'Liippn ii.lili o Coppe¢ (lft)i)-Ii) sessrniis iii IllTrrnric& lliid Iiosl sessil)11.8 1111 Tryili-soei•l b¢lirti'iour by the Coiiiii)IiiiitJ. ￿re1). Prtrliierslilp, Ciiiioniers fiiid Iliese oppovliiiiili¢s to coiinecl ivilli Ilie ￿111¢¢ lil nn inforiiiul 5cIIi118 v¥r)' Iisefiil. Case Study Maklng people's Ilves better In our librarles Gavln av1￿ IIDS Illilliftms SyiidroiMe- n dcvclopiiieiit81 dlsorder nrreciltib ¢ip¢ry nsptci ofiils life. FIL* iilslis Ilie librnr). (iullj nlojig ii'iili Iiis carer. His visiis I)Rl'e Iielped iiiiprove1154 I￿¢I)I￿1 heniili, glvliiE Gnvlii 011)tiliiiig 10 IIM)K for%Yiird iu ii'lign 11¢ le¢ll'e$ tli¢ l)oiise.1¢sStiiiiiB ilic loiicliiioss and so¢i#l isolalion IITOYEII Ihe door is'llello glr15. IIHYe >'oii iiii5$cd i)IL*?" Gnyiii cttN 5015)eilin¢s becoii)e oY¢iivlielJi)ed seciire 5Psire for Uai'iii aiid IF15 ¢ll)0lioiial Iie¢ds. CoinlnB lo ili¢ lil)rni)' Iins gii'eii Gnyin opi)Drliiiillle5 IL li￿1 hai'c bEloie. Hc lia5 nici willi Ili¥ PCSOS ITII ihb). iiii'il¢d Iiiiii lo IIIC IKTrli¢¥' Sliilioii f(Fr IoiiT. He IIAS nlsfl (ii'ith ilie help ol-oii¢ ofiiis ¢nr¢rs) Cf¢iii¢d i book nboiil Ills Ili¢, ii,Iii¢li 11¢ Iios re￿I¢d Ili¢ public librnry con)piileri. Tliis Iios kijl'en hini n Inrgcr r¢1nge ol'digil¢il skills Thiid Iiiderslnndliig. Fli% lil¢racy skills l)Rv¢ also Il￿ProVCd. His ￿[cr Iins r¢pc*ri¢d Gi4 vlii is 11ble io ccogii15¢ mor¢ Idi¢rs nii¢l IIMY iit)nl 'The Ilbriio, 15 119¥ 5ecpiiiI hoiiw, Ilui¥ coiiiliy li*re Iliiii¥ iiigi Oiveii hJoJiei' (hvlx ijn'loiwiirlle rsoii) lil rflie Ilbrfty,. DliliY•ii kiioisi lils r¢nl iiniiiels Ljiiiii Allll¢lP Iloiié weJiiR Ilié PCSOS lil ill ftiiil ih¥ii l H'*iil oil u lorirllroiiiiflilie sliiiloii niirfl ￿1V Of1¥￿1 J'iiisDrii& lo iiilMu$ 'eftiise J'oii'i*/oi iiy. book iiiirfifikeii iw'ipleiitiel Illlllniii¥,S)Iii¢ln>iiig flt)es iiol&l#iJ iliell" Pag¢ 4 Alvei) Cultiii'nl Trust Reporl of (he Tr￿Stee$ fol. tlie Yeni. Elided 31 MAI'cli 2024 OIIJECTIVES AND Ac'riiii riES Piibllc beiicfil Tlienlro5 & Coiiiiiiiiiilly Ceiiti'es 'I'lic Grniid IIAiiilion s&iii ollertdthnces And parlrcipalions ofoi'er 57.000 2023f24 itp until ils closiir¢ in FebruJt)i in reftdiiiess for A Iiiiilii-IiiilliDIi-FKTruiid r¢d¢Y¢lopiii¢iil (Iiiided b), UK Goveriiin¢nl's Lei'ellln8.Up l.'Iii)d aiid BridBcnd Couiily Borougli Coiiiicil. Th¢ re.dcvelnpiiiciil ii'ill see Ilie Iiislorl¢ realiJre5 of Ilie veniie w51orid fjiid pres¢rvcd 4loi1g5i￿¢ n¢ii,_biiild el¢ni¢nts iiicludiDB Ilic addiliun of u sliidio Iliclllr¢ 5Pli cc. ali ail gallery aiid ddliloiial bAr Aiid caré rRLilities. Tl)e veiiii¢ ii'ill 1150 bccoiiie full), accesslble boili froiil ol'liouse and back51Agc for Ilie first lii)i¢ iii ils Iil$lory'. IIIRliliglils Iliis )'c8r llt th¢ v¢nii¢ iiicludtd Olir sccond ci'er co-proditclioii tliioii81i Coiisortiii'ni C)'rnrn¢8: 0 ¢011fil)orniloii betii'een s¢v¢rnI south IVzl¢s )'¢iiiies nnd prodiicing coii)pii)y'l'li¢ali Iin, nog. 'the Cli 51 Cf¢¥i' of Y ren￿1. Me%%'n Du iltre iii residenc¢ nl the Grand PAvllioii Ibr 11ic relie41rsftl pc¥iod bcfor¢ cillbarkilsg oil tt siicccssful lllfile5-11.idc toiir. Oilier Illel811 1fi118118ge prog[na￿lI}ing ill¢luded C￿lyB(CYdd otr 1Sla Dii. n Ivelsh LhllgiiftEe coli1￿). aboui Ili¢ Black- Denili Ii'rliien b}, forinei Ai¥'¢ii eiiiplo>'ee Lhils Harris aiid prodticed b), Tli¢alr Geiiedlh¢ihol Cyinrii. Boili prodts¢iions 8llracl¢d n loi of iV¢ls11 leoniers b¢cniis¢ of Ili¢ ni'hiloblliiy n¢ii' Irfiiislfilioii api) coll¢d 8lbrii'd. Th¢ ftpp i)rovides live Imnslaiioii ii) En81isli iii¢niilii8 11011-IVc1511 spcAKcrs Riid IcHnieTs ¢aii Rcce55 IV¢lsli l•iigiiAge PTodiiclioiis. Olir Iiicltisii'e progrAllllllC included Ilie Fie5tn Bnll on iiilernclii'¢* pnilicipolory ¢i'¢iil for chlldr¢D Ii'iih dlspblliil¢s ftnd Ilicir fftiiiilies. Ivc dellvered Ihts iii ptt¥liicrsliip iviili 13ridBeiid CHTers lind ii'iili 5llPP)rt fmiii Bridgei)d Coii11ry' Boroiigh Coiiiicll's cat¢rs respite prossrRiiiine. frozeii LigS1l, n spe¢inlisl Ilie(ilic conipaii), for adu115 111111 prol"oiind tsiid iiiiiltiple disnbilili¢5 r¢liiiiied tii'ic¢ diiriii8 lh¢ )'¢nr iviili tlieir bc5pok-e prodiiclioiis. Oiir'l'eo l)aiietS Also eoi)Iliiii¢d lo oll'er older p¢oi)l¢ a ¢lianc¢ 10 coi*e iogeilier, PArticip&te iii 50me liglil exercise niid ciijoy soinc1ii8li-qunliti' live iiiiisi¢ al Ihc sfiiii¢ liiTrie. Oiir ¢ineinTr pro%rnii)ii)¢ look off In e8rnest flils seur iiiiili a particular focvs on r¢l&%d JrKt dein¢hiift friendly ￿le¢ll)ng$ for peoi)le iyiih speciflc s¢iisor)i n¢¢ds. Oiir prof¢5SiOlliil prograinii)e iiicliidtd seyerftl lii811.profilc nrtisls iiicluding coniedi¥tns Sjnli MillicAn ftnd Carl Hiiichliiwii Aiid i)Iii$i¢ ltgeiids Traii¢ls Rossi. Mnrti Pclloii, niid l.lilii. Oilier profcssiuiial M'oik. ii)cliiiled drnniDs'fiie NIi55in¥ of Mni)iel4 The Iiicoinplclr IVoik-5 Of Sliokcspcar¢ niid enr%iyn aloiigsld¢ populftr Iiiiisl¢ ¢veiils sucli ns 1.5psli¢k on J'oiir ¢ollnr, Loiiis & Ellfi and Ihe NlaÉl¢ of Mtsioi￿. I'lic fti)Iiiiol p&i)loiI)ii￿e ii'el¢oiii¢d 16,6411 visitors Iiij115t oi'¢r iireck-s, proi'iiig lo k on¢ ofoiir bc5l-rvcf allciidcd. niir ¢oinJiiiiiiily pro8rai?Iiiie ¢oiiliiiiicd lo be ii'¢ll stWWT1ed Ilirouglioiil Ilic )IcAr ii'ifli oi'er 10.000 nllei)drtn¢es. Hlghlighis Incliidtd.. Ilie aiiiiiial Ell'is l.'¢siii'lll. I>oTII)coii'l MRle Voicc Clioirf5 ftiiiiiial coi)ccri; Mid (ilniiior8aii Sni'oynrds IIMS l>liinfore, silo1￿lIed4é'S - O¢cwi filni I'.rsllvul' ￿1)d Slog¢ Illglil's Ai)iai¢iir r)raiiiatks', cifilie Mii$icKI. locnl schools, Dhncc Cenlre Acadeiii). nnd IVe$i IIArk Priithiry. also reliirnc(I for Ili¢ir ftrtiiiihl sliuiv5. Brld8er)d Yoiillj Th¢nlr¢ ¢oiiliiiiied lo Iliiiv¢ Iliis year ivlili nil Ri'ew&8c of 95 yoiiii8 people llllciidin8 i%'¢ekl)r Il'OTksliop 5e55iOllS to dei'eloi) skllls iii Icili)g. siiigiiiB. dftiiciiig niid iecliiii¢AI Ilieilr¢. Higlillghis Ihroiiglioiil the year iiicliidcd our fiysi jiinior prodiiclioii l.illle M¢fiiiaid Jiiiilor iii Aiigusl closel). folloii'ed bj ilie Inuiicli of Lftiisind. ll ii¢ii' progrniniiie of perforiiiins nrls opwrtiinilies for 18.25->'ear.olds ivho perfonned Ilieir first 51ioiv Soiigs for n N¢ii, Ivorld. 'I'lieii in febniary, oiir 5ciiiors prodiiccd IV¢ Ivill Ilock Yoii plhyiiig io ¢apTr¢ll)' AiMlicii¢¢s iiihikii)g ilie Insi f¢%i' p¢rloTllinliC¢S Ill Ilic i'ciiiic bcfore ils c10511rc for rcd¢i'elDpineiil. Aii'cii qiiic¢ ig8iii siipporlcd Ili¢ ¢rrDIiDlI ofs110rf filiiis Ilirovgli ilie Its M), Shoul filni i?rogro1111)ie, Csiiblisli¢d n5 011¢ of Ili¢ li¢sl of lis k'liid iii IVal¢s, Ilt¢ projects Sil'¢ OPPOTliiiilll¢s for p¢ople of fill 08¢$. Iwl pnTliciilarl)' pcoplc, Io iYOTk nloii85idc 5cnsoiied i)rofessioiials in prnditclii8 sliort filins for broRdc£isI on DBC oiid 84C. This yeftr Iliere ii'ere three filins bnsed ii'iiliin BTid8eiid Cthiiil>p Iloroii811 i1)I￿1¥111¥ 148 yoiiiiE peoyle frojii ilic llreft Iii l•oiignriv IVorkiiieii'5 11Th11 Dliieiigllril. IVork-Iiiei)'* Iloll i%'el¢oi)i¢d ¢omniiiiilli' gTOilPS Ihn)iiglioui Ihls )'car for li dii'crse pTh)8rftii)Iii¢ of PilftlClPlloo' ¢reAlii'e ll¢llYlii¢s iiiclvdiiig $1118iii8, ¢rftfts Riid d8nce. Illiili o stron& fociis rfyii crialii'c M'cllbciii& il ii'Hs filling Ilic ¥'cniie iins ftlso ¢I￿se￿ lo 11051 I1'ork51iop5 for oldEr adiilis, iiicliidi118 ¢if¢iis skills Jiid Afro daiicc ¢la5SC5 as parl of Ilridgciid Couiily Ilor(Aigli Coun¢ll's Culiurttl Olj'iiiplad feslival. Poge 5 Aiyeii Cultur.11 Ti'iisl Rcpoj-l of Ilbe Ti"1151ees foi. Ilie Y*ni' Eiide(131 Mnyeli 2024 OIIJECTIIILS AJYD ACTIIIITIES Our oii'n cvciils progrdiiiime iiieliided sociNI bingo. free Rrls M￿Fk$h0pS for children aiid spokw? ii'ord iiwrksliops nloiigside the Ihiiiicli of oiir iitoiiihl), fyliiernn club iyliicl) kicked on. Iviih fj srr¢ening of Vcrj. Aiu?i¢ MThr)'. Tliis filiii iY¢iS largel), sl)ol iii Ihe Gil ni. Vallcy al￿ fNIIiTid a loi ol, lo¢nl resi(leiiis ns e.Kirns. Iiiwi). of iyhoiii iiere in tlie ovdi¢ii¢¢ foT ¢lw ci'enL Tlils li'as ¢los¢l>' folloM'¢d b), a scr¢¢iiiiig of l>iid¢ as 17nrl of l.Gll'l'Q+ Ai¥'aiiiiess Moiiili. IV¢ also ii'¢)rkc(I Iii pnriiie1511ip iyiili Brldgend CouDty Bomugli Coui)cil ond Coni¢iTriwronci¢N Tli¢alr¢ conipaiiy to PTodiiLe ft Iiciy play cri¥¢ of Cliilll8¢ ivas peiforiiied ni Ihe IIDII o¢ross ihree ￿1b11¥ perfori)Iwices Diid i"0111 5cliool< perfomiDri¢¢& rre¢ Miisic frldrtys toiiliiiiicd lo niii forfnlglill>' pwi'iding H li.cli￿lnC lilelinc to Iliofc li'110 11 Il¢iid IOT sorliil, eiiiollDJinl niiil illciiiul ii'ellb¢liig. Afjists iiicliideil singer soiigii'rlieT.i Ho7.el olld Giey. Jon Lillygre¢n. Flo Porker BoiiiiM)sclI, CIITIS Ivelib. .1 oblD5 RobcilY)ii niid Adjiia Mensfili, ii'¢11115 liidian clllssical lliiisl¥ ffoiil Ai1)rulA (Illnid. Ivc also us¢d Ilic Ilftll lo Iiosl our yenr-long partl)Lisliip iviili globAI i)iryloriry artlsl Kr)pslol Loii'¢ ii,Iio used Ilie spfy¢e r(Trr r¢5¢1r¢li Iiid Il¢v¢lupin¢nl of neiy perlomhiiice pl¢ces. P¥ltht$leg Toii'n HThll Tlie Mn¢51eA Toii'ii Hfill re¢JeY¢lopnieiil LOlltiiiI￿d Ihis y¢ar iyilli ¢¥l¢nsiv¢ plHIiTiing iindvTlpk'cn lo siipwirt rtoptning in piiliiinii 2024. TI)¢ ridei'¢loi)Iiieiii ii'ill sc¢ ihe Iii¢lii$ltsii of o #eli, librni), Aiid heriinge space. n Iieii. sliidio ilielL ITL, rteii, Cillé Iiiid bAr spa¢¢s nild 8icfiII>p li￿prOve{l nccc55ibllliy Ihroiib>lioiil. Vlili tlie redcvllopiiiciil oiigoiiig, ¥i'¢ d¢liv¢r¢d ali oli¢nifilii'¢ prograii)In¢ of ¢vciils Ioc115¢d in Droiiiid Ili¢ loivn cciilr¢ l1ie10¢41 Ill¢ifllr¢ Polk lo Iiiniiilnin con¢acl iviili aiidiciiLe5 (Iiiring Ilie i'eniic's elosiire. Tlils In¢lvded n p¢rforninii¢¢ of Gmv ftl Mac'sl¢¥ Iliiglij, Cliib fiiid fi PTO8rniiiiiie ol. oiiidoor eipeiils iii the IV¢linr¢ Vurk. IiicliJdiiiE Loiib). l.(Iii's Siorylelling, UV Golf M'illi Kiis¢h 11 S)'ii¢, Uul oftlie Bluc 14'iili Aiiilii Dnt)L¢ Tliellire nlld Kryslul LoM'e's Tlie Bcncli. Oiir CWAIII'L IV¢llb¢liig pro8rnrtiiiie delivered ih¢ t7iinl slaBe of lis Voice5 froin Underblroiind Pfoje¢i ii'iih Ilic preiiiiere of a do¥iiineiilno* Illni 11)ode aiirfleii¥¢ belli￿ drnii'ii iii lin1￿ Mnesl¢g 10 515prrt)M 111¢ ¢veni aiid enlo), Ilv¢ perloinip11¢¢5 froin Maesieg Gleeinen nmoiiLi oihcrs. A spiii.ol)' proj¢cl ¢nll¢d Cyiieliii Ili¢ii fulloii'¢d ii,Iiirli Iilili5cd a puein cr¢lled .Spirii Dr ilic Llyiifi bj, Dan Lock in creDIL a Iieii. In1155Ltil coinposliloii liisplr¢d l)y Ihe slorl¢s ol, Ilic illliiers. Locrsl scliou15 ond Cl￿1[8 ii'ert 1i)I'oli'ed iii Ilie projccl iiliich iyas Slip￿rIed Iliroii811 UK Govwiiiiieiil's 8linr¢¢J Prosi)¢rlty riindliiml nn(I dcllyered in pnrlnersliip ivlili ,8cr¢¢n I'ol¢s. Tlie f+'lel, Abci'llllei'y l1iis >ieThr sniv sigiiillcDiil IIILreas¢% lil Pi1ril¢lppiil RIHi 1lltendthi¢¢ nvmbeis Ml 'IIK Mel in Ab¢rt511Lry. In lolnl li'e I),elL￿[lICd ov¢r 18,748 peopl¢ Ilioiigli Ili¢ doors for n dlyefse pro8¥Animc of shoii's ii'nTksliops. Prole8sS()Iilll i)W8rniiiiiiiii8 liiglillghis Incliided lii'c ii?iisic Iroin Nift¢ Beloii. /.eio Hiid -ferrontisioi) Iroiiliiinii lony Ivilglil, n iTr)oYii)g oii¢-nTriill .51Ioiip called CirAv niiDuI Ilic lifc of iii¥b)' l¢Lvcii41 Ra>, 6rov¢lle Dnd Ilnnso¢k Dartlc iyiili Ilicir perfomiance ol. ljs .1 lieii). Oiii aTriiiiBI cliri51iiius Pniiloii)Iii)e, Dltk Ivliillliigioii. by O%Yen MuJi¢) 5 Iloiiiboiv Vthll¢y Prodii¢lioiis iycll T¢C¥IYLd ii*lili foiir SLlI(M)I sliuiys Iiii£l fiv¢ piihli¥ p¢rli)rinTriic¢s alirRcliiig 1619 Dudi¥iice nieiiibcr.8 in lolnl. deli8lilLd io Iinvc nr) niidl¢n¢¢ ol oi'cr 200 for oiir firyi liliii, IIocu5 Po¢iL4 DI) Halloiyeen an¢J ft150 Sllpwrted Abenill¢ry Toil'i) Coiiiicil iu deliY¢r 11 1'¢ry SIIIL¢S5fiil Irel proxrn1￿7j1e i)f cliiemtt for IoLftI faiiiilles. Tl)c M¢l'% loiig lii51or)' vf IIu51ing blii¢s iiiuslL coiiliiiiied ii'ith Ilic AbeitllleD' Ilock & ljlues fc51i%'al fealur5iig bftnds IIK.Ivdinki Iled Hcit Pok¥rs', Slinr41i1 Mac and Il)¢ Jnines ()lii'eT IIDnd. 'fiier¢ ii'¢r¢ vY¢r l OD 11t¢ni1i¢5 for CRclI p¢rlonnin¢¢. Ivc liai* s¢cur¢d fiiiidliig froiK Ili¢ IIK Gov¢rnin¢iil's 8liar¢J l)rosperii)' Fiiiid io Ill￿￿7¢[ deiieloi) Ili¢ feslii'AI iii 2024125. Oiir prtrticipniory progriiiiii?l¥ of ii'oTksliop$ liicliided In¢1115ii'e aiid All¢rnoon D•nLe IOT older p¢oplc niid 1> Coiitilliliilivri of oiii Ciiild¢ii M¢liidies D¢niciiiiR friciidly Siiigii)g Grotip delii'eied Iii p?Tliiershii) ii'iih Flelld (Dr Art5. Thc Opert MIL & [k)eiryl8E￿KcA Ivord evciill coiiliiiiie lo 8roii' i)roi'idtiig th grelll opportiiiiil>' to 51iiFii'cllY Diid 5UPVDrl iici%' aiid local Inl¢iJl. Our groil'll￿ e&rl)' )'eRrs yrogrnii)￿)P Sftll. 5¢5.111)ns fioi)I Sliin), 14app)' PLople ali iiiiein¢llv¢ iMu5ic aiid dattce ¥i'ork5hop - r¢o¢hin8 hundTcds of pareiiis biibi¢s Ihis ycaT. IVlii1s1 Tea DIlllLe sess5011s sttii, qliftdnipliiig ofi)uI￿bLrts froiii Ili¢ s&iii¢ PLriod Igsl yeftr, PAge 6 Aiveji Culliir•l Triisl Rei)orl of Ilie Ti'uslees roi. Ili¢ Y¢nv Eiiiled 31 Mlll'cli 2024 OBJkC'fivrs AND ACTIIIITJES Ai))iiieiir ond coii)IiiiiiiilJ' groiip5 eonliiiiicd lo be ali inteRr&l porl ofoiir pro&faini)ie this year. Ille hO￿¢d Abe¥lillery Dr&illA &, hliislc Socielyi LRS Siipeniovas, Sliowsioppers. lJryi)Inaii'r lioinnii Cniholic Prin)nry Scliool And Abeflillcry loivn ljfind 11 Iiioiigoiliers. Tlie Mei ivas ftblc lo ofl¢r sigiiificfjiii SUPPDTI lo IV¢lsh arfs oigaiiisaliotss by providiiig iii kiiid iisc of vciiiie il'lien Ai'ailable. Thls y¢.Ir, Iliis ii)¢liirted slip￿￿1118 Hend 4 ATIS r¢giilai progriF)111)¢ of ¢reRii4'e arls A¢livil)' ii'iil) hoine.s¢hooling Broup.s ii) l)IDeli8￿ (ii%'eni. dovelopiiicnl of 'fiiealr lolo's PTQltiieiioii'nLe Ivclsli Diagoii niid Neii'port.based 1)erJi)tid￿I daiicer Krystal Loiir¢ for her Global Mthjoril), progrninine Uiir Voices N¢liiork. Tliroiigh IT)¢iilori118 ftnd 8ii'iiIB fLliearsAI niid d¢v¢lopii)¢111 5pft¢¢ lo iiiider-repr¢s£nl¢d glob4i1 iiiajoril>' ortisls Ilie progr•inme niins lo i)roi,Id¢ eqiilty or opportuiiity, for nrtisls dei'elopineiii lil Ivnles. ATlisls Karciiia Ahmed. StepliAnl¢ Sl¢vens & Nodia Niir ft1s0 ftiiended. Oiir Crealii'c Ivcllbeiiig iiDrk progrcsscd lyell this year Ihii )IKs iii the iiirsiii to suppon froiD UK Goi'c¥iiinciits Sliared Prosperily hiiidlng. Ivc ii'orked ¢105elJ* iipjili n iiiiiiiber of Imiliiers iii¢liidiiig IJGCBC Toivii C¢nlr¢ Manllgcr. '] ouris111 Maiinscr yiid Youtli S¢n'ices icain. Ille also ii'ork'cd closcly 14.liii Abertlllei), & l.lthiiliilleili CoiiiiiiiiiEilS, To%Yn Coiii)¢il. l&ffindioii 'fylcri ftiid Head 4 Arfs. HiBI)li81ilS Iiicluded oiir $lreet nrt PCTforJn¢rs partiGipRiili8 iii Abeif¢si al￿[10￿11￿8 on Africwi Dniiiis ii'ork5Iwp nl Ili¢ iriiii U$¢ of Ili¢ Sl>'iil seliciiic coiiliiiiie Io Eroiii ol Ihe i'¢nu¢ %i'iil) 47J people Lising (heir Iiiernb¢r>hip cfirds lo Rcc¢s5 shoi%'s Ihis >'eAr. Tli¢ Hyiil scl)eiii¢ ¢iinbles Ilios¢ 14'iili disftblliiles lo briii8 n ¢nieT olong lo Di) ¢i'¢iii f(br fr¢e. Ali'en liB$ been fo¢iissin8 on in¢r¢H5iiig ownreiiess of Ilic s¢liei)ie in Bli¢nnii Giveiit Iliroiigii Iiiorl InArkolin81 so il is en¢oiiioBing lo se¢ Iiiorc people 18kiiig ftdi'hnlage of Ihe at¢essible 01)iJorluJiiiles Al Ilie Ili¢air¢. Ive ii'ere foiliinnle to secure fi niiiiibci of grnnls Ihls year for Tli¢ M¢1. 'lThi5 in¢luded gToiI15 froiii Arfs Coiiiicil of Illalcs {circtL £230k}' IVelsFI Govenini¢nl and Uk GDI'criiiiieiil's Slinred Prosperil), pmgraiiiine ii.liicli ii'ere iised lu upgra(Ic ligliliii& soiiiid Rnd projcelioii iii Ilic Yciiiic. This iiicliided Ili¢ piir¢lil1 sc of ii¢iY slalc.of.Ilic.llrt clnciMn kil. Ilie illSlallAiioi) of LBI) ligliiiiig iK)Ili fwoiii of Iioiis¢ and b41¢k'sln8e to iii)proi'¢ oiir eiiviroiiiii¢nlal effi¢iei)c>'. n Iieii. PA s>'sieni rtiid ii¢i% soiiiid aiid lighiiTbg d¢sk's. Malch fiiiiding for Ilils ivns yroi,Ided Ilimiigli Aiiyn's Ollfn resoiiT¢¢S. Re¥'¢iiii¢ fiiiidiiig I4'RS Also r¢c¢lved Ilils y¢or v50 UK (iDv¢ri+iii¢iil'S SlIHred Prosp¢ril)' Fundi118 {£326k Iii tolfil) 10 d¢llver ft pro8roiiiiiie of skllls.bTr5ed Iraiiiiiig fif flic i'¢iiiie coi'erii18 ev¢obihin8 froiii icrliiii¢nl ilieBlre lo barlslrL Irairiing liid ci¢aiii'¢ ii'riliiig. ' ￿111111, Poiityi)I'ldd I'lils )'cRr sllii. lis coiiliiiiiing 10 ii'ork ¢10s¢ly iviili Rlioiidd) Cyiion Taf In tlielr plans for Ilie r¢dev¢lopiiieDI ofy Miiiil. O(Ir Geneial Manager li￿rK'¢d oil Ili¢ groiind ith Poniypridd dtY¢lopliiB Rclii'ork's 111 Icadiiiiss for i¢-opeiiirt8 iii 2024. IV¢ PTes¢iiled o pro8rniiiiiie of lil'¢ Iiiiisl¢ 51) Ili¢ iiiftrkel, Sup1￿[led Iliroiigh IIK Cioireriiii)eiil's Sliiir¢d Prospcrity l.'uiidlii8, 10 beBiii eii2agliig ii'iih aiidience5 111 pftpilrnlioii for Ilie v¢iiii¢'$ r¢openliig iii A(Igiisl 2024. Ais'el )' ￿101., Poyilicniyl Aiirel )' Mor ¢oiiiiiiiinil>' ctiilre 511 Porili¢AlI,l Continued io be biisy *.Iih nroynd 15 orgftiii5011ons iisln8 ihe I'eniie )Yeek.l>', pn¥iii¢rsliip ii,Iili TAiilo li,]￿ Tnn ft13T¢n(IiiiiB Spacr scssioi) for Iiiei?181 Ii'¢llb¢ing ih¢r¢, as ii'cll 9$ at Y N>tih iii BryiiigAn¥ Coiiiiir), ljark. R¢giil&r fitiie55 closses siicli hs LiiiTriba. pi5ftt¢s. }'ogfi ond IHI ¢l)i lie M'ell •iiciided by Ilie locfvl coii)Inunity ii,lih aroiiiid 400 people InRkiiig th¢ Iiiosl of Ilie Ill￿11). cIAS5¢5 held nl Ilie IIAII ¢ft¢li ii'¢¢k. folloi¥i118 ihc closurc of Ilic GTHn(I Pai'ilioii iii f¢bT1141ry. oiir pr¢pAralioiis lo d¢i'¢loi) A%i'¢l )' hlor iiiio a siiiftll rtrerforiiiniice Yeiiiic be￿￿ And Ilridgei)d Youili'l'lich(re Iiioi'ed 11$ ii'c¢KI)' li.0￿-$li0p progrniniii¢ Ili¢r¢ too. Cn%e.8111(Iles Bi'lnm, Brl(Igeiifl CThri%yiJ, Crniid Pni'llloii Brittii Alliiidcif th¢ p¢rfoTiiinnc¢ of Lorivyii al tlie Grnnd l?avili(tyii in Porfh¢411vI ivlih a friend tsnd ITr￿118111 ilie PTodii¢lioi) 'iiw$ Ilrsl clasy. lic il'as i'eiy lil Iciiled nclor, il ii'os i'¢ry ¢l¢i'¢rl)' ii'rillciL' Hc cojiiiiicnled Il)Rt ilils slioii'"ii'a5 fuiin). byt Dlso r¢all)' 4iiii¢ poiY¢rfiil acliiii Ily" His ffiend iii¥*il¢d Iilii) nloiis lic li'a5 dr811'n 10 Ihe $lioii' ns lie kii¢iY li lol aboui Ilic Iii510ry ofcrtrii'j'ii Joii¢s IIiYiii8 becii A Sc&ilels supporterfjll Ills lif¢. Ho iitler¢sled iii hoiii li1$ 51orJ' ii'oiild bc lold. Briaii Iised to BO lo Sivnns¢o •iMI iimieh frnnk Vickeiy pl8ys MIMI talked aboul ii.lial is so sp￿i&l 01￿1￿¢ iYnl¢l)iiig Ilielltre. .1 linvE iievcr bccF) s¢eii to scc pINy or prodii¢iioii %%,heii I Iinve coiiie oli( toiall), disapyoiiilcd. tlicr¢ 15 ali%'a)'s soJiiciliiiiB lo gei froiii il" He iised (o ftiieiid Ilie ilieAir¢ r¢giil•rl}' ii'iili Iiis lfti¢ ii'i(c Jft¢kie bill Iins Iioi beeii siiice slie pDssed. Ile Iiad 5uclI A posilFI'e eiyerieiirr Al Ilic Grnnil Pai'iliaii Ili?L l iioi¥ lic frcls lic Loiild go lo soi)i£IIIiiiB OJ) his oiiin ifii¢ soiiieililllg lie faiicicd. .1 jiJ51 ncedcd to 80 io oiie ngiiin'aiid noii,'l ii'ill bo keepiiig e}'e 0111011 iiilial Is 80iiig oil. Driaii iyos r¢¢ill)' p1¢05¢d 11¢ iifid Inade the ¢ftort lo att¢nd Ihe 51)oiY ii'itli siicll a prol.ound iii¢$sDg¢ rtbfftil lif¢ •iid celebrRled Ihnt 'tlierc 55 soiiicl111118 spcclal aboiLI a lii'e rodiiclioii ilillljusi lifts )'oDr spirils.. Page 7 Awem Culliirnl Triist Repoi'l of ilie Trllsltes foy Ilie YeRI' Elided 31 Mni'cli 2024 OIJJEI CTIIIES AND ACTiifii'IES lAIne,B￿l£1￿til(I . I. Feiiyiv ￿1¢11,11 Dir, Gi'Rn(I Pnvlllon 'Pi'¢ beeii 11 Ivelsli Lcarncr t.or 11 niiimber of 5.ears nnd coiiipleied ¢iBhi yenrs of ¢loss¢s. I Iillv¢ r¢nll}' ¢iijoyed 801118 lo s6iperfvl Illclsh Iii l)gul1 ge produ¥llOllS 11.1iicli hiii'¥ b¢¢ii pul on in Ilic (innd PA Yilioii including Sliiilcy Vfilentiiie, PIA Dii ttiid Y f¢n)fll, M¢i4'rt Du. I Iioi'e been hl)le lo iiink¢ use of Slbrii,d ii,Iiich (rni)51a(es Iii real ii>Fie &iid1111S h¢lped iii¢ tu iind¢rslnnd u loi nioT¢ of ii'linl 15 ¥01118 on. SoiAclii)Ics. I Iini'c lisleiitd niid folloii'ed tli¢ u¥lioii, Ii¢lp¢d b). a bRsi¢ knoii.lidg¢ ol. Ilie plot for iMJI)l¢xl. 1¢ is r¢ally IT))porlDiil foT Il1¢1511 Icurncrs lo hai'¢ t11¢5c OP￿11￿11111¢S lo Ii¢llr And see Ill laiigiiase Iii ¢onie.%¢. 'n)e Ihrt¢ 51ioi¥s ii,Iiile bcing Very dificrenl IIAI'C All beeii brilliAiiil}i e.Kecuied. Iviili il¢ar dl¥iloii ii,hl¢l> Iins Iielped In¢ Iv iindersiiiid ivliai is going 01). CwtnllY¢ Ivellbeliig Oiir Creuliv¥ IVellbeln¥ progr&ii)nic gr¢ii' siBniflciiiiil>' tliis yell r. IIILl1)ks 10 projccl fui)dS118 froi)i Arls Coiiii¥ll of Ivoles Diid fiindlng i.la UK G(ii'¢riiineiil's Slinr¢d Pr(ssp¢rily l.'Iind, iyitli ovcr 80001)cople beiicfiii118 froni ilic ii'ork. Tlie yefir be¥iiii w'illi lil'o c¢lrlJralory ¢venls lo InDrk tl)¢ ciilinTriiniion of sonie of oiir Cr¢allv¢ IV¢llb¢li)8 ncili,11)' oi'¢r 22123. 'Ilie flrsl ii'ns Make People's Lii'es 8eller - Thii ei'¢i)I brliiglng oll Aii'¢n's FlrldB¢iid co1￿1￿lIn1ry pnrtjieis 108eilier 10 CLslebraiL Ilie pn)jeils crenled iiiider the Siroiixer 'rogcilier pnigrniniiie duyiiig Ili¥ yinr. fifly people fillended including Plinicipanls And orgaiiisAtloi)s siicli as EIAVO, Tit lilo, Mci)'s Slitd5, Llel1￿.ell 'I'li¢'l'r¢¢s Aiid Spli¢¢ Cliildr¢ii thiid faiiillles s)roJeci. A i,IdeD oftlic ¢v¢nl ii,Iih f¢¢dbllck ¢Trii b¢ vicii'cd Ii¢ie. fo8¢tl?¢r IVI Are Siroiigeil TIIL sicoiid ei'Lnl li'li s ilie pr¢ml¢r¢ sLre¢i)in&D of Voitts lioin Und¢i¥roiilld: A D)'IllB Br¢¢d a do¢iiiii¢iiior)' tlliii Innde ii'iili lo¢nl c.i-Iitliiers. cnpliiriiig iiiirKJrloiil l11slut)' ol-iiiliiliiB I1113rid8end. Held nl Il)¢ (irand Pftvilion, Ilbiiiils, Iiieiiibets niid Ineiids.joiiicd prnjecl pnrliclpniits li? eiiJD>' Ill 5Cfe¢i)iii¥ Us 11'¢ll Ns 5¢1'irAI livb perfoni)nJiLes fruin locthl aiid i'isiiiiig nrlisis Nlii#.Ile¥ Oleeiiinn MDle Voice C.Iioir. Vycr 150 1)copl¢ all¢iid¢d. Ili¢ Ll'enl li'fts 4'¢ry 14'¢11 r¢¢elv¢d. IV¢ uf¢ LufT¢nily dbY¥lopiiio ali ¢du¢3ibOII Pil ¢k fur scliools 10 ttecompaii). IhÈ {k)cui￿e#lliT). for ii,Id¢r slioring, Aii'eii Also iiolked closLI)' ii'itli Lnrers Iliroiiglioul IIIL >tenr. Iliglilibilils iiicliided olir ii'ork ii'iili Ilrid8eiid Cfirers Ccnlre lo or8niiise IIYC 11111slt for Ih¢lr fiiiiiiinl Gi)rd¢n l)Arl)', pr¢seiiliiig Tr r¢l&x¢d ycrloTlllil1)c¢ ofAli¢¥ In IVoi¥JcrlHiid nl BJ)'ngnrM' Ciiuiilry PoJk and delii'ery ol'a Llirisiiiiiiy.Ili¢n)¢d ¢i'¢nl DI Y N>tlli, TIILISC evLnis lon?ied phrl ()r progrni)Iin¢ d¢51wi¢d lo ¢nabl¢ f¥iiiili¢s Triid FKirLnis To Iiaye affordAblL aLCI'SS 10 IIIBII illJAlliy Rtls e%yerlLii¢es Ne olso eoniliiiied iyork oil iiiir ljisld¢ Uulsid¢ proje¥t R villuftl realii}' ￿'•I)illI5¢e1lLC IiTr)jc¢I for 11105e liying Iii cDre liotiie5. Ive Iiniie iioii, worked i'iili Ilir¢¢ ¢nr¢ Iioii)¢s lliirf biilll lip A librAry ol-aruiiiid slx llliii$ ii.lii¢li i%.¢ 5nl¥iid nildiiig Io L•¢h }'¢¥tr. Il'iili ¢ipnndi118 r¢3011rce of Iilnis nnd Ibiilier fivnilabl¢ Iliroii81) libiori¢s niid ftTe louk5iig fvr iynys In ii'lii¢h ihe i)roject could h 5Laled*UP ¢iili¢r r¢gioiiTrll)' (Trr nlllionally. 11 Mft>p li'e i)r()Iliic¢il niid d¢liv¢iid Ili¢ IITSI cv¢r Biiilg¢iHI Clilldrlii's LSi¢roliir¢ f¢sili'al, fiiiided b), Aii'ei), Art.% Cauii¥il IVnlL.4 niid l5r1d￿Telld Coiiiii>' orotigli Coiiiiell. Held 17I'er lii'i) ii'eeks. Ihe lesliY.?l ii'orked ii'iih JS nrfis15. dclii'erid oi'ci 100 ¢i'¢nlS A¢ross IlbrAfiL'$, Illl, s¢iiliigs, Dnd r¢n¢licd 22 LdiicDlioiinl 5111illg5 includinLI SLcondnry. priiiinry, fiii¢J niir.%¢ry siliools. 'Inlnl ull¢lld?1 11¢¢5 cAr¥cdcd I,onii llild Iiliillllillu for ii¢xl y¢fti's f¢.sliii&l 1$ alread), Iiiideriyny, IV¢ repthii¢d ilie fesllval ID Februur)t hoif-lenn M'llh a slmilnr foriiim Dnd pl•iis nr¢ iioii. Iiiirterwnj, lo Innkc Ilils IVorklii8 llloii¥5idr Ilrid8ciid CoiLiII)' Bor01￿1) Coiin¥ll. 11¢ dellveT¢II tli¢ Culliinil nl)'i)Ipind Ini'iJli,Iiill 22 Cf¢oilir ii'ork-sliops nnrt ci'eiil.s Inkiiig plllc¢ A¢foss Ilie coiii)i)' for old¥1 hdiilis al librnries, BryiigiEiY H0115e nlml Coiinlry Pork .iiid Au¢1 )' Mor r¢arhliig or(Triiiid 200 Iiarli¢ipi¢ nls. Aclivliie5 IiiLliided n sileiil dlsLO. url 111)rk$liop$, iiiixolo8>' iiioekioil sessioiis. dniniinin8 ¢irelcs, swig iiiriling, LirLiis sk.Ills. pol11 PCSIM mnklii¥, nfro Riid A ivld¢.TOIIBing prograiviii¢ ol'Lf¢'?i livc nblivity ivas delii'ered iii Slip￿rt ofr¢du¢inLI SOCll1115ulail0ii oiid b(￿51111￿7 Ii'cllbein¥. I Ilglill&lils Iiicluded Fre¢ MuslL fi'iila}'s across our i'en11¢5. Iliiveiiieiil l)¥rforiii[￿1¢5 iii Ab¢¥lill¢i)' DEid n Imiiern parAdL iii BlTheiigAr%i'. Oiir sk'ills (ILI'ilopiiieiil Ii'ork. iiiclitiled Ilie d¢lii'tyry of n 5cric.s ol'l'LID.I 114 Ik& Aiiyii Skllls liiliiiiiig in Abertillery. Including baTi51ft. l¢LIN)jLlll IIiciilr¢ r's BIVC cyeryoiie a ii'ftnii iyclcoine ii.lih n $inll¢. nnd I was so d¢llglii¢d ih¢ declded io ¢oiitiiiue Ihese ¢%'enls 011 a forln58lilly basls., IlThrry JIAyl•iii 19 yi'$ olil, Ab¢rllll¢ry 'I".IDni IIIC IB¢ or rour, I Iillv¢ bccii fili nciii'¢ Incinber of n ltsclll socict), Abcilillcry Aiiilliellr Draninilcs SDcl¢lJ'. ii'liicli l An) Very PHssioiiftie nboiil. IVSieii Covid lili, I losi n lol of cojifidciiee diic to Ilie lockdoil'ii. Rcccnll). I IIHI'e bcen altcndiiig the Aii¢ii Tccl) Sk'i115 Cour>¢, ii.liicl) l fyn) Ilioroii81)ly eiiJo>'iiiR, ii,Iil¢li Iitts boosied Iii)I coiifid¢iic¢ ni)(I l Diii Iioii. bn¢k T¢hcnr5iiig iviill Ab¢rtill¢r>' AiiiDlciir Dro111Trli¢s So¢iei), for Ili¢ir ii¢ii' Iirodvcilo11 Tlie Illeddln8 %iiiger iii Nlnrch 20211. 'I'lils coll￿¢$19S 8i%'eii Ni¢ a J1)0￿ valiiabl¢ i11￿cK$I￿lid1liB iii eY¢ry nsp¢¢i olhoiy & Ili¢ftl(e opemi¢s b¢lili)d Ili¢ s¢eii¢5. ain T¥ally lookiiig foTl4'ard lo ilic oilicr niodules ofihc coiirs¢. n)Iisl mdd,'Ili¢ M¢lropol¢ is aliva)'5 fi ly￿ni} friciidl ace lo go. and in in Iiiion is an ini'aluable a5s¢I lo Aberiille Lli'i'ii@nriY Coiiiili'y Plli'k 'rii¢ P41rk underlined ils slftliis ns n rcgioiTral IcisLire nnd toiiiism desiiiialioii by a8nin iitlcoiniiig oi'cr 200,000 vlsilors diiriiig 2023124. 11 Is now r¢co8iils¢d og a Visli Ivnles QiinlSiy Assiiicd Visiior A(Ira¢lioii ftiid ftlso secur¢d Grceii l.'lag sllliis for Ilie eigliili ¢()l)se¢uiiv¢ yeai, Tliis ftii'ard rcco811iscs pArks 8iid op¢n spA¢es 11*1 Jlcl) IiiiV¢ hl8h rnvironnieiiittl stindfird5. Dre ii'¢ll.i111l1iiiointJ rtnd lirti'¢ e%¢ell¢nl i,lslior fnclliilcs. 'fiic park also Tccciv¢d (ir¢cii HcriiftR¢ Ac¢irdlio1ion froii) Ktti) Ivales Tidy Ullderlliiiiig lh¢ ii*TllI M'¢lcoint, good blodiY¢rsily Iw)dSCa￿ niid opportiiiiilie5 foT As port ofoiir coniiiiStiiieiil lo provide li tcessiblc opporiiiiiilics for p¢ople io ensfi8e ii'iili Ilie pnik aiid Ilie nr15, li'e Iiosied free rtiid 'p¢i)i ii.hal )poii cnn. Dutdooi. faii)il)' Ili¢alr¢ Ii¢Tfon?Innc¢s niid A¢rinl 511011's. Ive ftlso SUp￿A'all b*i15nlll Dnd J*?panr5c k'iiolii'ttd. Cle¢ir¢d are￿ ii'ill ftlloii. for iialuml re8mii'il) niid proi'id¢ 5Piice lor oiir iiTrlurfil Iicil¢ng¢ 10 flourish. SiiniliryrlyTr Ire¢•ihinning ii'ork's hoiie b¢¢ii pro£ressed iii the park's i1￿0dl&lld areas. This ii)i'oli'e$ ihc sel¢¢ii)'¢ r¢ii)oN'lll of p￿¢9 Aiyeii Culluiyl Ti'l151 R¢iioY¢ of lh¢ Ti'iislees roi. Ilie Yenr Endeil 31 Mxi'cli 2024 ODJEC1'111ES AND ACTIVITIES siippressed or d>iJsg Ir¢¢s lo r¢ducL Iric dinslly find impTOi'e tli¢ 8YoMlh ralc and Iieiilih of lh¢ le1￿41n1]I& Ir¢¢5 i1hicli will Ilirivc ii'lili less ¢1)I￿p¢ll110l) ror Ilglil, l%'llt¢r and IiUirien15. Iii Novel￿ber 2024 Bryii8niiv Counlry. l>fyik IYAS Aii'ftrdtd Nitionrtl For¢sl for IVal¢s sl*iU$ b>, IVc15h Goyenirneiil ond be¢fiiii¢ i)nrl of n ftalionii,Ide Iicli%'ork of piibliLly ncc¢ssibl¢ ii'oorflands •iid loresls, acces511)le 10 eycryoiic. Ive ii'ill coiiiinue lo ¢(IcourThg¢ our bciieli¢ihirie5 lo ¢nga&J¢ ii.l(Ii tr¢¢5. ii'(iodlDiid5 aiid Ii&liire, yosiliv¢ly illlP11 ¢11118 ilicir ii'¥llb¢iiig. enliniicin% biodiverslt). niid providiiig swice for l¢arnln&? nnd r¢¢r¢hlioi). Cnse Sliiily 'IMe bcnelils ofi'olisnte¢ring Ill DryiiiiiiTlI' Pork.. 'Voliiiilccriiig ii'iili Adnim IIRS giveii Iii¢ lip￿)rI￿lI1tlCy lo li￿rK iviili diTrer¢nt people ii'iih Ilie Sii nie PRssloii as Inc nnd A greai leariilng exp¢ri¢ii¢e. Tli¢ ioliiiileers Jnd SlDtTI)ai'c nlivllys becn ii'elcoiiilng ftnd fri¢iidly iihicli 8iVC5 H P051ilve aim05phere lo iyork In. 11111 I'c nliYhJ'S beeii proiid of ii,l)al I Iinye Corriii 'ror 111¢. i'oliinl¢Lrin8 nl 131)'Iignii%, lias bcth) sii¢li a p)siliv¢ ¢xperi¢iiL*. Ltirniiig IKAY skllls ei+er)' i¥'¢¢k. ii'orKi118 11.iih fi 8reRI leoni nii¢J liiendly k'iio¥i,IiTrdgenble %iiiN. Ils 50 good lo b¢ iii su¢li n Iilce ¢ni,lft)iim¢ni, IYOTkiiig ouidoors ￿ lielp mnliiiAln Ilie gmunds ol Bryiigon%'. Iloss B-LéAf niiil IYooil.B Lenrnliig l)Isnblllly PYa%rthniiiies Oiir 111,111 piojecls IieliS giir Ir&iiiecs to Icnd iiior¢ fiiifilllii¥ Ilv&% und dei'elop iiiiwrfani life sk.Ill& Ive ii'ere plensed to support Rn IiiLiens¢d i)iiiiiber Iroliie¢$ a¢fOSS Ilie 1irogri111111)e% Ilurlii8 2023124 iviih ali Rvero8e of49 IndlvlduD15 nllendiiig T¢&iilarl)' wid 3.311 Ioliil Iill¢t)diiiic¢5 01.er Ili¢ ycar. Oiyr D.Lcaf ITaliiccs Iirepnre for ili¢ spring sol¢$ p¢riod by ¢n$vTlng our plaiils QTe in lop coiidiiion aiid Iielp pul l¢Jbieilier hiiii(Ir¢d5 of IIfiiiBill8 bil sk¢ls. Snl¢s iY¥ll cN¢¢¢d¢(l exi￿&{￿110￿S Iliis yenr. ii'itli 1.269 1)eopl¢ visiliiig El.L¢af to Iiiake piir¢1114 ses. Iilgl?Ilgliliiig Ilie lel'el ol. Sup￿1[ ettjo)'od b>, Ili¢ se¥Yi¥e ii'ill)ill Ili¢ locftl coi)Iiniiiiily Aiid ili¢ qualil), of Ilie plniiis ni'ailttble. N'ov¢iiib¢i thnd l)¢¢¢iiibcr sDii' oiir B-Leaf irnliiees sui)ply o%i'nTd.ii'iiiiiii)g eiiii?lo)'abllSt)' skills niid IIiLreA.8iiib* cuiiildeii¢¢. Ii)v¢siiii¢ni In nn o11vli￿¢￿t nr¢a nl lj.l.cAfi%'liicli is dcdicnled lo grnii'iiig fresli produce ii'ill Alloii, lis Iv iefjLli Ii¢iii skill* lo oiir Irniiicc5 11'liilsl lllloii'iiig lis lo ¢oiiliiiii¢ io i¢diice our cnrlKJn foolpTlllt. 'IIIis PTOj¢¢I 14.ill siipply a i'nriei), of i'egelnb1¢5 10 Br)rii8or%i, H(Iiise nnd ili¢ park rTrfe. OUT IVuod.lJ liiiinees 51all'liai'L also been ii'ork.InbTr lil Ilryngany Louiiir). P.?Ik Iiicliiding uiid¢ilAklng r¢pnirs lo ilie Pl1 goda iii Ilie Jnpuiie.%e Giirden. Tlie). IinvL% Tei)1o£ed Ili# QiLI.%%ll)le Ini)Ip niid haiidrnil leiidiiig lo ilie pnbioda, ii.l1iLlI Itoii. allo)i's fiill rLLLe%s i,Isliors. Viilcrlpkiiig 115K's sii¢li fts Ilils provide8 OIIT Irnin¢es ii.lih T¢nl-Ilf¢ li￿r￿ cNpcri¢n¥c. l.D)11) li¢r¢ lie forn)Iilrtle Cvs lo ciiljftiice tlielr opw)rluiilil¢s. Ii¢lpi118 11$ ID siippoil tlJL*)ii iiilo eii)pln>'ii)eiil. Uur Iroliiee5 coiiiliiiie leuni iru115f¢ro111¢ 5kllls hnd InL'¢I IliLinber5 orth¢ iiiiblio i11c￿nSIng ilicir lti'els ofLofilldeiiLe. Oiir Irniiiees Al IV4)od-B hui'¢ been liirtlicr dcvclopiiig Ilieir chrpenlry skills hy colis1n￿lll1g I￿41, prodiicl rnii¥e% iiiLliidin¥ irtsllls piid blrd I'¢¢d¢r tfibles. 'riie}' Iihye Also ii'orked (Jll LOI)Ilt)155ions lor th bcsi)oke oftk pa￿1111 cundle slnn¢J froin A local eli¥rcli fiiid n bench for n school, AIoii8side IIILIT pnirliciil %kllls dei'elopincnl. irniiiees Iini'i al.%() iindertllkeii n¢¢rediitd qllRS1fi¢ftiions in tlliii115 ond Ili¢rnc) ill 11grtii¢rship i%,lili BridgLii¢J Coll¢g¢ oiid arc i)oi%' g¢iiiii¥ tli¢ 1>p￿TElli111}, to apply tlii5 lenrniiig u'iihiii n M'urk sellin8. LeRnli118 1)eii' skllli siich a8 Iliese ii'ill lie Trdded lo IrThiiiEc5' 2U23124. Ivé i%efe pleased 10 celobratc ilie.%¢ nLlil¢v¢ii)¢nls al Ili¢ niiiiual B.LeafRnd IINwd.lJ piesenlltilon ci'' 2024 niid iyill be LI>ITipl¢l¢il InlLr iii 2024 lo be fiLcoiiipaiiled by n ￿liding slrnle8y. Page 10 Aiyen Cultuiml Trust Repoi'l of tlie Ti'iislee$ ror Ilie Y¢Thr Ended 31 M8reli 2024 ODJECTIIIES AND ACTIIIITIES Cnse Sluil). Employment opportunities for our trainees Imliiee t71 De Ivs Llb Depn has been Insplred b). hls Eiigli511 Langiinge ¢oiirse lid dc¢idcd lic i1￿111d like lo start a ii'ork i)laceiiieiil Iii Ilic Ilbrary. Dcaii is ii'ell k'noii'n iii l)is locnl coininiiiiily .Ind ii'anled to cnlian¢e Iiis s¢ii$c ofbclon¥lii8. t)¢nii's IJToiiiolcd ind¢pciidciicc, aloiigsldc positiv¢ licalili, ai)d ii*llb¢liig. Deaii's respoiisibilili¢s iiicludc selliiig lip 4uipiiici1l, r¢lun)iiig books lo tli¢ ¢orr¢¢i sliclf. picki￿& oks, WMI gr¢elln8 ¢USIOIIiCiS, eiiij Sfil¢l., 11 liftipg Fiigllsli l¥s.foJis lil R-Lgrf, Iligj, lielp 1s.lili iii)I r¥rtrfliig. Illke io eftrf Ilnro. PollgrDooks ¢iii¢l Inlii liaypj, beliw lil iliellbMO' isbllli rtllille hooks," Déftii's 11111111, 1￿11¢￿ srtlrf.. IIDeffii loi*es goliig io 11.Lerfftiiil IVoorf-D fiiiil eiijoj's nllili¥ Irtsks. Ive re oiYrJoJ'¢'il ill lils IlbruD'plNeeiiieiil* Ivefeelll Ivlllbegooilforliliii lo Ivliiiilgerlii lils lorol eoiiiiiiiiiili QUII I>EOPLE Aiv¢ii coiiilniies lo delli'er fAiilH51ic find insplring projecls, l¢liviilt4 ¢Yenis hiid seii'i¢es Ilial ftr¢ iiiftkii￿ people's Ilv¢s bellor. It is Ilitoiigli ilie crenilvliy. d¢di¢alioii niid coiiiiiiiliiient ofuur colleil8ues li'e coiiilniie lo iiiukc R P05iliYc illipHcl oil pcopl¢'s Ili'¢s ftnd s¢¢ Aii'¢ii 8fOlY illto oiie of Ihe 1'1ils )'¢nr Ilier¢ lin5 b¢cii R focus 011 d¢v¢lopliig oiir ii'ellb¢liiB 8g¢i)dA find ¢i¢iiliii8 A 5Rfc, suppoilin8 niid iii¢lusiYe ciiliiir¢ ii.1iere ev¢r)ptsiie fe¢ls Ilie), bLIL)n8. IVlill¢ IIIcr¢ 15 slill Iiiii¢li lo qlo. li'¢ nr¢ proud of ovrprogress lo dn1¥ appTe¢iAle Ilie hnrd ii'ork aiid dedicailon of oiii collen8iies aiid I'oluiiie¢is. Sui)poi'iliig Ihe litfiliii Aiiil ￿'¢lIbIliT& ofoiir IJ¢oiilo Iii Mft)1 2023 I4,¢ slgiied Ilie'l iiiio lo CIIRii8e Illales Pledgc lo deiiioiisir41t¢ our co1￿￿)11M¢11I to 1￿CK11]ig Ille sil841)￿ ond di5criiiiiiialinii nToiiiid Iiicnlal hcalili ii¢llb¢iiig. A5 Pxrt of oiir coillmilimei)I, Ifaiiicd s¢i'cn collca8iECS os Menlnl HenliS1 iiid IVcllbeiiiE Chaiiipioiis. Oiir npprotteh lo lieftlili Dnd 14'¢llbciiiR ofcollengiies ilas recogiiised by Tellliiiiiig oiir Gold Miiid IIF¢llb¢iiig Iiid¢x ar¢f¢dilalioii aiid beiiig niynrdcd broii£¢ in Ilie Mcnlal Henlili niid Ivcllbeins Iviiles #ii'Ard$ and i%.Iiinlng ili¢ CIIID IYfil¢s n4i*rd for 8MG EJe5t Pny niiil Reiyhi. Allliougli e.Ktcnial cni'ironni¢iils ftnd Ili¢ir iiiipL¢l rcnihiii¢d ¢liall¢iiBlii& InniiitAIIiLYI oiir coli)I￿lIttle1)I io p&yiii8 falr niid Coiiip¢iiliv¢ solories. Ive rci))Alii¢d rts R l(enl l.i%'iiw IIPRge cniplo)'er And incrf11 sed oiir sthlnry. IAidgei b), 13% for%l Wst of IiYiii8 Pil>. nii'nrd5. nialiii&liiiiiE coini)eliilYc SillnTI¢S ftiid being ffilr Dl)d rcspoiisiblc orgaiii5alion 15 IlllllOrtHI?I 10 115 i￿1 only to w¥'iYard ¢oll¢aBti¢$ for Ili¥ir coiiiribulioji, bill also to ftllracl Rjid reifiiii Iiiglil). 5killcd niid a ¢oniinill¢d ii'orkfor¢¢. lind¢ Uliioiis Pi)rlii¢is nr¢ coiisulithilon on ¢051 ofiii'in8 rise5 tÈiid (Iigy arc fipproi'ed by Ilic Bonrd ofTriislees. Pagell Aw¢ii CiillurAI'fi'iisl Reporl of Ilie Ti-uslees foi. 11)e Yenr Ended 31 M41'cli 20261 OllJkCI'IVES AND ACI'IVITIE8 I ru115parciic}' Rroiind pa). aiid Tcivard 15 1111 iii)wrltttil faclor iii birilding open and lomspor¢iil Liiliur¢. A￿,¢11,5 graditig slruclur¢ Is i)Iibllshed iii Ille lkn>' njtd Il¢ii'Hrd Policy aiid li'¢ i¢pon 01) tlic CEO P4iy raiio in OilT P¢opl¢ AIMiu#I Rcwrt and i'oluiilpry Siibi)iii oiir (i¢nd¢r Pi¢ )' Gap dalq. The CCO pThy rnlio ior8¢l of 6.,1 is sel OILI iii ilie P8)i iiid Ileii'ard l)olicJ' Atid r¢'poiltd niiiiUAllJ' to Ili¢ Bo)1 rd of TnJsie¢s. 1112023 (Ilc pA)I rkntiD ivas iiiidcr 5..1 pll reported perLeiitlle5. Ceii(l¢r Pn), Gnp IIIL Iiaii¢ i¢￿)rIed oiir CILiid¢r l)fiy Cjftp fig¢ir¢s voliii)IDril)' for s¢Y¢ii )'¢nrs ond Ili¢se or¢ ai'JilRbl¢ 011 our ii'¢b3il¢. Alilioiigli ii'orkfofc¢ Iiui)ibcrs isicrcn5ed in 2023, Ilie perceiii&g¥ Sl)lil ofiiioles ftiid feinnles remrLiliS uiichoi)Red. Alveii is D feiiillle-doii)iniiiil organisniioi) dLie 10 soiiie oftsur ro1¢5 )'picnllJ' llllra¢iiiig fciiifile%, ¢.g. library a5$15tani$ 11,Iii¢h iTe I￿0511). phri.tiine. Ci'tii tlioli￿1 Ihl¢ les teiid 10 be Sn ili¢ higlier paid rol¢.s, 11,¢ are proiid l¢lioiigli Ilie C%eciilivc teAllI 5s splil eyeiil>' b>, ge(Iifer, Ihr¢¢ oiil of Il)¢ lop foiir Iiigli¢sl pnld ii) Aii¢i) ar¢ ninle niid il)Is IINS r¢siili¢d Iii nii In¢r¢Jse Iii tlse gcndcr i)ay 8lli).'15ic i?i¢lln gciidcr pay 8RP hHs illLrenscd froiii 9.59% (2022) 10 10.820A (2O2J) ii'liicli i)ieniis oil avcrR8c, Iiieii ii'ork'iiig lor Aiv¢ii orL pald 10.820/0 imore Ihaii ii'ttiiien. Niii¢lL¢lI n¢ii' coll¢ogii¢s joii)¢d Aw'¢ii and IM'enl>'.fiYe len diiili)8 2023124 Il'iili rising sli811ily lo 4.65%. Absen¢e lei'els fis a perLeiiiThK7e ofisI'¢rnll hours slioii'ed n 8mnll Ii?crense Sn con)pMlson iyiih 2022123 from 3.31% 10 4.20tsknJusl obove tl)¢ lftY&¢l ol. 3V.. Tlie inniii vAriDnL¢ on nb.%eiic¢ r¢ii 50115 1I'11s iii r¢lnlioii (o CoYid-r¢lnl¢d n1I5¢11Le r¢diicin¥ from 37 in51v11¢¢5 llt 2022123 10 1 J IiislnnL¢$ 202J124. il slioiild l)oii'¢i'¢i- b¢ Iioicd ttbs¢ii¢¢s Iii r¥lniioii io Iiile¢iioil￿17I￿1,lrnI w¢J fTOI)1 141 iiisiftn¢¢s iii 2022123 10 24 ilisliiices in 2023124. Aiioilier 8igiilliciii)I dlt)eien¢e ii'ns Iii relfslioii to colleslgii¢s goi118 Iliroii81i lesidireAlnientlopcrHlions ii'hicli iiiereii scd fFoi11 4 i1151HI)CC5 ill 2022123 10 17 in 2023124. 'rYnliiiii% niid (l¢Y¢lopvieiil Tn perloriii al Ilielr besi, collenLJUL8 Ii¢ed the IrniiiiNx fiiid l¢nn)ing to SUPiM)rf Iheir developiiienl niid their perfonnnii¢e In IlJ¢lr rol¢s. IV¢ slYlvL I(I proi'id¢ 111¢5C OPPOrtiiiiilics niid io giv¥ colliagues Ilic 1Siiie arid r¥SOlllCCS lo elpaiid Ilieir kiioii.ledge niid lieli> Ilieiii b¥Loin¢ sucL'¢ssful iii ili¢ir tt)l¢i iiiid core¢rs. diversily and iiicliisiL)n tjiis yLYf WL IIDYe ¢11gngLd ii'iili H¢len l.$l¢s, l.¢gnl niid M•iihBeiiieiil Trnlrier, lo ilL?IIvLTrr )i)aiidnlory Irllljiiiib lo all sinfl. oil ii'ork'iiig 51aiitlilTd5, Il'liicli iiiclud¢5 s¢lli118 s￿indn(d5 of b¢lini'iour. Ilic ninc Prolccied LliarAcl¢rlsilc5 in Ilie tr.qiifiliiics A¢1 niid c￿￿enilY 86%vf slftn'hiii'e LoiiipleleiS Illl$ ITiiiiiiiig Id li iylll Iioiy be niii lii,ILe aiiniiiilly lo rencli lo￿ niieiidaiiLe lev¢ls. No Boiii)dorli's'frthliiirtg and Consiilirtrt¢)' Iins 51nwled d¢llvewing Iiiirtdfjiory Iln¢¢ All.￿reli¢s$ Iraiiiing ii,Iil¢li Is d¢liY¢r¢d ii,Iili a i)ersDI)ftble nppmncli i)r livcd ¥.Ip¥riiii¥¢,'fo (Inl¢ 57Vo ol'slDft'linY¥ nll¢iiil¢d Ili¢ lrnlnlng, Ilirilicr Sissloiis are orrniigLiI for 2024125 11'itli ihc Rin) of llll cullellgiiLS beiiigi Ir&iiicd b>+ Apiil 202$. Our Iiileriinl dlglinl learJiiii¥ Iilnifuri)) lllso .$111. 11 r¢i'onip 50 2023 11.ish ft lilgli fuius b¢iJig bDiv¢ii lo coini)IIAnce lrnli)iJig In r¢lniloii lo 8Dfe&JuaTdliig, Page 12 Aweii Ciilliii*l Trust Repoi'l of tlie Ti'iislies foi. tlie Yenj. Elided 31 Mniili 2024 OBJEC'I'IVES AND ACTIVI'I'ILS 11 is r¢nlly po5ili1'¢ lo fiiid ngniii IlITe¢ of oiir vftlii¢$ sil ii'itliin Ili¢ lop 10 eh)sen i%Drds, iYiili'fol¢ beiiig Ihc i￿ost populRr i%'ord willi 18% of collellgiies coiiipftred to I 1% ill 2022. Iiicltisii'e Is Ilie seeoiid Iiiosi rA)pulftr ii'ord for ￿11? 2022 (12%) And 2023 {IGP/o). Crealivc hns ris¢ii froiii 111¢ 7111 Iiiosl poi)Iilar i¥'ord 10 ilie 3rd Iiiosl populor ii'Drd. I￿¢011•¢18 lil'o VAlues IinY¢ been ¢howi Js th¢ lop Ihrcc %i'ords IIIis )'CRT. CREATI.._ HEI v..I.NCIUSIVE' uir4 INQIWM, Ir. Ai%'¢n 15 ¢oiiiiiiliied to pro1￿011118 ¢quilil)' for fill oiid vftliiiii8 dlv¢rsil}. Siafi. suryey resiilis evldtiiee I￿11, Ihls co1￿11111111¢•il Is r¢co8n15td by oiir i'orkforcc ivliS193% ofr¢si?oiideiils feeli118 Aiiri) is All iiicliisive ¢￿IplOYer ftiid iY¢lcom¢s diY¢rsily. Cquilyi Dii'crsily aiid In¢lusioii (EDI) Iios taken a PToiiiinciil pnrt in Aiirii's pro8res51011 1htoii￿} 2023124. Policles Iinyc bcen iipdllied and reivrliicii. nii BDI Sl¢¢rln8 Groiip lifts beei) fonmed ivhl¢li lttcltsdes representhilve5 fro111 ll¢m5s Aiyeii as as ejigogeiiiciil Ii'lih people ii'iili Ili'¢d ex￿[l¢n(c. Volmiileci'liig Ive con)Iiien¢ed oiir Invesiors In Voliintcers Joiimey pnd 11.111 be ￿￿$Serf ln MDr¢li 2025. IV¢ fjlso Joii)d lh¢ Conii)iiinliy Lelsiire UK, A¢live Kiiidii¢ss i)ro8rrtiiiiii¢ 10 511ppoM Ili¢ d¢v¢lopiii¢iit of oiir i'oliiiile¢r pro8rAiiiin¢. Prior lo the ¢losurL' of Ihc Giaiid Pavllioii li'e Iilld siiccc55fiillj' recrtiilcd iii cxcess of SO voliiiileers ii'ho Provided valiiable support lo tlic lenin hiid ￿1r custoiners, Illls Addcd to oiir already acilyc groiip of YolvJile¢rs llcross Lir librarlc5, pnrk aiid 5cri'iccs for adiilis ii'iili IcarnliiB disfibililics. Ivc ar¢ fjciitely hiiarc of ihc Iiiipa¢i voliinieers Iiayc oil oiir obllliy lo d¢liY¢r ¢veiils, aclii'iil¢s servlces Gild Ilirough our firsi volunleer siirve). iY¢ iY¢rc ablc ￿ ei'idciice Ilic p)siliYe li￿pacI il IIAS 01) pcopl¢ ii'lio Yoliiiil¢¢r ii,Iili Iis. Her¢ Is soili¢ oftsiir fr¢dbHrk: _IWI.ILI IN 'Voliiiileerliig fti Bry'iignrnv Is ft good Dpwiriliiiily lo leAYe Ilic IlD￿Se And bc in ilic Aaliire ni lcnsl oiire ll ii'eck....... l111Th5 ll gi)od ilTipllrl 011 In). Iii¢iiliil Iieallli loo.'fiiRnk' )'oiil' Aiiiill tjoldiisfir 'Voliivlc¢riiig 8ii'¢s ilie lh¢ oppoMui)li)' io 'hleK'e n Difikr¢i)ce 11 lio$ b¢n¢lll¢d Iny iiyllbeiiig Mid s¢if-ii'ofili by lenn)1112 Ji¢ii' sk,Ill$ fiiid eiilinn¢lng Iii). iiileresls niid Iiivsl iiiiporfnnil)'I l1clpii￿ oiliers. Rcdfern Page 13 Aiveii Ciilliiral Ti'u5t Reporl of Ihe I'rustees for ilie YeAI' Ci iided 31 Mni'eli 2024 OIIJF.CTIVES AND Acrivi'ri£s Policit5 aiid pro£¢diir¢s iii r¢lalion lo sAfegullrdiiig ii'ere N'vi¢ii'¢d and uwl¢ilLd iii 2023. 'Iliis iiiclud¢d Ili¢ 1¢qiii￿.llienl lor Hll eolleagiics 10 reiid And sigj) tor reLelpl Thiid iind¢rslii Iidi118 of Ilic policie5 and proceiliir¢s oiid the reoiilr¢ii)enl lo ¢oinplel¢ IiiLindalory' Iitlilitiig. -fii'o rLfcrrnls ii'¢r¥ IiiadL Io local gov¢Triin¢ni pNrfiicrs i%'iili ￿li}llr Ii¥lioii r¢fjuir¢d duTlbl8 2022123. A Iliird &ifcgiiiirdiiig cunc¢m iva5 nlso fili5cd niid Aiycii ii'¢r¢ Iiivoli'ed iii Ili¥ Sii<¢lol liilerc.st Meclitig p¥oeess. SiithlnliinFilllly & Clliiifile AelloD Ai4'eii's firsl Lnrboii eini5510115 r¢porl il'a$ Pf¢sei)i¢d lo Ilie Iloord Iii Mi #rcli 2024. M¢osvring ili¢ orBftnisAiion's corlk)n looipriiii is ¥L coininiliiioiil ofoiir .Iiviroiiiiiciil iiiid Siislaiiinbililj, Policy niid Ilie Gr¢cii Gioii'ih Plcd8c. AIIiMMigli iiieasiirii)¥ Larboi) emi5s5on5 is ftol a legAI rcqiiireinciil for n cliaril).. Aii'¢ii is Keeii lo do Ilils boili os ertvlroiii11¢11111l besi pin¥iiC¢ niid lo liilp iiiensiire Ili¢ iinpnLI of Ili¢ iiil¢rv¢niion$ iY¢ nr¢ ninkI￿8. Eiiiissiojts ii'ere ii)ensured fur 2022123 aiid. lo pwi'id¢ D IiieTriiingful iompAri.fcTrn. 2019120. 11.hicli li',15 Ilie PT¢VIOU5 aln)osl nDrniAI >'et?r Prior lo tlie d15fiii)Ilon of Ihe pniidciiilc, 'I'lie doln 5hoi%'¢d n r¢du¢iion of ¢.SVé iii Aii'eii's cfirboii ¢iiilssioiis beiii¢¢n Ili¢ tiio )'cars. Tlic lindiiigs of Ilic i¢port Il'ir¢ ¢ollÈiltd iiilo iin ftllIAclii'e ii)108fnpliic i%,IIiLlI ii'ns Iiiiblisli¢d i'lll Ali'en's ii'ebsite Riid soeinl IiiediA chftnn¢ls. Tlie )'enr 2023124 n150 sniv Aiicn IipgflldL' ils LeriifiLlllion lo Ili¢ Cireei11)rnBoii l.'Iivironii)eiilnl Stniidfird its level 2, atter a¢l)levliig l¢vel l ih¢ pr¥ii,luiis J'car. deinoilsiroiliig oiir ongiiliig coiniiiiliii¢nt lo lackliiig Ilie Lliiiittie ¢meigen¢>'. Il¢lrofillin8 biiildings ii,Iili corly)11.SslVlll¥ le¥liiiolo¥)' ¢Olllii?u¢$ 10 b¢ wi Iinportwil stfDnd ol, Aii*n's eiiviwniii¢iilnl sIrDl¢￿' and diJrfii8 2023124, 11 SL)IAr PV %)p%leiii li'v5 i1151nlled Rl Bcl1I's Lilc Cciilre iyhilsl slo¥¢ building li81iliii8 llt Ihc Mcl il'as iipgriided lo LED. hlnvk¢tliig Aiycii's InfiTk¢liiig fiiii¢ilon is lor¥¢l)' CllTrled oiil b). a siDnll iii.hoiis¢ l¢oin i%,Iih gd SIIPIK)Tl pn)vided b). exleillnl plioiogrnplier4 l'ideognplicrs, prliiiers and ii'eb developers os re(Iiilred. Tlils Mruciur¢ nlloivs Ilie icniii io lake illib rkeilng ond Coiiiinunlcoilon% raiiipnigiis Iroiii Id¢•s lo coiiipl¢iloii, Tliese CAIIIP¢llgns. iYhlLh eiiconipTrK8 n lilend of Ifadiilonnl cl)aiiiitls Thiid dlgliftl plntfonns niid le¢liiiobg>', prodiicl lftuiicli le.R. Idvertlsiii% n¢ii' eyenls 011 sHl¢ iisiiig kKF51cri. fl)'eis Diid ninKn£iiiL adsl.. 1Trrniid dcv¢loiiii)¢nl (¢.8. casc sliidlcs, r¢poris Thiid r¢'¢niiini¥nl Piick'$): ¢lllAiI 11111 rk¢iii)g (e.g. It)Dtiilily ii'hul's on D¢iipsleit¢l.% lo riilire Or 121 rg¢i¢d rtDi4bnie ol. coiiioclsl; conl¢nl iiinfk¢liiig (¢.g. CLlPyi%'iiiiiig, Froiil-eiid iveli d¢sl¥ii niid 5rnicli etEgille UPIiII)iSftIIOII1: Iis¢r.geiierthled cthiiienl le.g. rcpii4)DKd Hiid sliar¢d plio105 niid rbYl¢iYs); piibll r¢liiil(Triis (e.¥. Iiiedin rtleAses niid ¢veiilS}: dlreil n)thll {e.g. sei15nnnl biocliuTe disliibiilioiil Hnd socirtl iiiediii le.g. Orgaiilc i)osls OJILI pii>' Lll¥k>. Tlie leAEli inonnge fil'¢ ii'¢lisil¢s (Aii'¢ii Liilliinl Tnisi. Ali'en ()A)i¥¢. Ai%%ii l.ibrori¢$, no'ii8nni, Coiiiilo, Pnrk niid Bryiigaiii, Hovsc) ii,Iilcli rcceii'cd nrouiid 400,OUO iiisils lft)n? nround 250.000 115cr5 in 2023.24. Tliej, ¢reoted oi'er 15n piece* lif i)riiil. %11¢li llycrs, ILatl¢ls. brocliiirL5. IKJilers aiid bllniiers. Aliiiosl C),000 Sociiil Iiiedirt rH1$15 11'¢r¢ crenl¢d for oiyr 40 fllccbook.. IiislThgrAill. X iiid l.iiikedlii plniforii)s ii'ilh 11 LollL¢III'¥ l(>1101I'1sig ol-oicr 112.000 peoplk. Tliese ws13 r¢llclied over 6.6ni people Inli iii¢r¢wK of 280/• 011 Ilic i)rei'10115 12 nioii11151 niid Eeii¢rnlcd oiler Jn,OOD r¢HLilI)Iis IIiLliiditibi lik¢s, S￿)￿1¢$ Piid cot)Iii)¢iiis. 'fh¢ Ir.?ii1 $¢iii iliiiusi 545,UOV Ii¢ii'.sl¢ll¢rs li? oi'¢r 33,¢H>U tonln¢15 (oil in¢relT s¢ of34Vo 011 illl pr¥i'toiis 12 nioiiilis). Tli¢ eiiinil opel) roie iiiLt¢i1sed b), 25% 011 Ilie pr¢viol￿ 12 Inuntli& ¥viili 'ii'l)Al's un. neii%lellers includiii& liiiK'5 lo lill￿5)￿$¢ lickd5 Gijoil Goi'ei'iioiice Trii.8lL¢S littl'e i)ittinlnincd n kecii foc115 011 c51ablisliing nib￿￿1 ¥ovemnn¢e ￿n￿ng¢1)It￿lS for Aii'cii. A risk Imiillji g¢ni¢iit Iipproi?¢li ond ¢ft¢wilv¢ ￿rillI11}, sli ftlviigsiil¢ li boord ciiliiiie ofcoiili11110115 iniprovLiiiciiL. kliiving Sii¢e¢¥stiil i)iiNieipnicd iii PASI bonrd pThihivAy prvgrAliiillrs 511LlI ns %iep-In.iioii-EYcc. Iljis >'Lar Aivei? uiidcrlaok. lu oppuiii¢1iieiil li fiT$I Troine¢ T115slee lliid i?mi'idc R pHiliiYii>' r()T iliosL fr(Flii ij blii ck., Asinii or Iiilnoril) eilinic backgwiiiid 10 5UC¢¢Ssfiill)' a¢lti¢i'e board p05iiloiis. Am'eii IllJTkcd %ipiih Tnil. Hoiisliig's Paili¥i'a)' lo Dunrd srlieii)¢ pppoiiitrd a firsi iiiinr¢ iriisi¢¢ in Mfircli 2024, 1-hls supporis Ix)ard diipersily, iTrtidcrpi11i1iiig ni Iniieriihiice level Aii'¢ii's c4]Iiiinilineiil lo eqiiil). and I￿7￿511)n. Boiryrd cotp)iiiilt¢e5 li'ere rei'i¢ii'ed iFI 202J124 ft1)d f¢-fo¢ii$¢d io wfleci Ivider slrlllegi¢ nppmacli¢s. Aii'¢n noii. Iios o Iti5k & Audit Coii)11)iltec aiid People & Iiieliisioii Coiiiiniiie¢. PAge 14 Aive)I CiiliiiiTrl Ti'1151 Ilei)orl of Ilie 1'1'iistees foi. Ilie Yemy FJiiiled 31 MAreli 2024 Sii'.gleglc Reiioi'l Diiriiig Ili¢ yeftr Ilic cliarily gciictaled a dcficil of£137k (2023.. £581.13O deficit befort peiisioii Adjiis11)Icii15}-'I liis is explaiiied Ili deiall i%'iiliiii Ilie rii)oiiciftl siThleiiienls but is Ilie ctTccl of pcnsioii dcpTCCation ￿MI Ili¢ spciidi118 of r¢Mricied rcscn'es ¢18ainsl d¢sl8nhied pmjecis. Tli¢ )'¢&r concliiiled ii,Itli llll operiiiioiial (c3slI) siirplu& 'riie cliATity's ii,Iioll)' o)Yncd tr4￿1n8 ￿[bSidIary, Aii'¢ii'l'rndinu l.iilliled. iiinde n deficil of£130k12023124: si1￿111S of£3k) lThe Irodiiig coiiipnny CIITweiiily operni¢s lh¢ coi)Iiiier¢lal Il¢¢n%¢ of Iloiii8ori¥.14ou5c ii'li¢r¢ il opcrdles lh¢ Y¢i)ue. bar r￿d cai¢riiig fRcililios.'lli¢ imdlng t05111)any 81so op¢m1¢5 fl)e cnfé, bor5 and klosk nl Ili¢ Grniid Paviliori. Porlli¢aii,I nnd Moesieg Toiiin Hnll. Iiiveslnitiil i)ollc)' Anil obJe¢lli'¢s Tl)c Tnislecs Approi'e aiid Inoiiilor a lrn'llsury, IiinnHgciM¢iil wlic). on Hll niiiiiiol bD5iS. All #i'ollllble fund$ nr¢ ¢uN¢iiily Iield ill a nui8e of C￿11 bearliig ccoiii)rs. Tli¢ aiiii is lo Theliieve A Tote on deErfTrsiI ivhicli I￿￿1 icII¢s OT exeeeds iiifloiion lls Iiicasiircd by lh¢ coiisuiner prlces Sndex. Inlercsl of £94k Iios boeri rLieeivLd for Ilic )reRr (2021124: £13k). DLifi118 2023124 Aivcn IiR5 eii8ngcd i%'iili A7Xt$ FiiiDiiriol PIDni)in8 Lid to gnlii inv¢sli￿ctiI lldi'icc (o eiisiire Restri'os I101Scy rtiid Roliig ¢oiirern 'I'riis1¢¢5 r¢cogiiise the IIiip)Tlnnc¢ ofr¢serv¢$ lo ennbl¢ on801￿¥ invesiriienl in Ihe eliafil). io covcr an). doii'nliirii in IilATkel coiidillon$ or Iiftiilftiin¢il ¢iiier8eJic)' rosls 511 111¢ ¢%'eiil ofadycrse iinfoT¢SCell circiiiiisioii¢¢s. Aii'eii Iins ftdopled ll Its¢rY¢5 poli¢). ii,hlcli 11 11115 10 Idenlify tLiid plaii for Ilie N)aliiieiifince ofess¢iiliNI Se￿1¢eS aiid Tlflccls Ilie rigks ol uiiplhniicd elosiire, spciidiiig wiiii?iilni¢ii15 DFid polei)linl liRbilili¢$. '1 o proiilde eciiilngeiicy HBai11s1 volnlile or iiiifnyoiiroblc IradiiiB ¢liii)ai¢s, 01￿ lo support the ¢hii rily Iii th¢ eveiit of iiDylaiiiLcd elosiircs, Ilic13ovrd or Ti'iislccs Iini'i n8(¢cd ¢0 1ar8cI R lel'el of Ilnancial r¢s¢rvcs of up 10 1750.000 iY15i¢li relleci$ Ihe needs ideiilified iii tli¢ sliort 10 11)edluiii.teni) •iid Ilic ¢linlleiiges beiiig fac¢d bc¢u115c ofil)¢ ¢oroiinvlius paiideiiilc. TN51ees i%*l¢oii)e the l¢Yel ofrescn'cs achl¢i'¢d iii Ili¢ year.'fhc Ici'¢l i)roi,Id¢s Ilie rliDrit)' ii'iili Iree reserve5 to Ineei coiiliiig¢n¢ics, iiiaiifyge rlsks of i'olfttllity in K¢), busiiiess afeis aiid iiii'csl iii or Iiidi¢li.liind cnpilnl s¢1semes Ilihl siippoil th¢ chrtfliy's obJe¢ilve$ Triid il$10118.l¢rin siislalnabilli). Aii'eii 18 Iioldlii8 11 reslricled reser4'e fviid of £552k. £499k ofii.lilcli is reslricl¢d to the Ma¢si¢g I'oiYTh Hnll Y¢deYelopiiienl, wid i%,Iiicli Is diie 10 b¢ spctit ii'itliiii ilic i)cxl liiD fiiiniici1¢1)'CQTi. Aiitii Is holdi1)8 £2.7111 in designoled revriiLs. £1.9ni of Ilils Iljiirt 15 dc5i8iinl¢d io coiiet Ai4'¢11'$ flxed osscl Iioldiiigs. A IlIMli¢r £,19k is IiLld lo f(Irilicr Ail'eii's siraie8y lo iniprove enyironiiitnlal susloliiabilliy. £700k of ili¢ d¢si8iini¢d re5erYe$ ni¢ b¢ing Iield lo r¢fiirbisli AiYei?'s i'eiiiics niid ￿r¢ diic lo 11¢ speiil duiiiig ilie iiexl Ilir¢c fiDThi￿l￿l )'ear>. Aii'eii's prlinari, soiir¢¢ ofiiicoiTri¢ Is Ihroiigli 115 trJiilrActiiAI BrrnKgcineiili ii'itli ils loclll aiiiliorily ￿lI11¢r5 11.liich geiieTile Ineli8￿￿ti1cnt fcc5 of£4111. Tli¢se COlilrft¢is ni¢ bns¢¢J oil loiig-ierin leases ￿)d Rgiecii)¢iiis anrf Ili¢rcfore pi, iirofessionally oynlified acliiari¥5. TIIc5o rnlr5 calciilAled lo cliiiiiii&l¢ Ili¢ priision defi¢il iii ilie loiig Ittjii. Triisi¢es, hii,IiiK rei,l¢i¥ed Ilic clv¢iiinsiRIICe5 ofAivcii CiiliiiTnl'l'n151, coiisid¢r ndequAl¢ r¢$oiir¢es lh¢￿roTe coiilinilc 10 bc nYL1iliiblc to fiiiid and iniiesl li) lis #cllvlii¢s for lh¢ for¢seLable fiiliire, Triislcc8 PT¢ of Ilic vie41. Aiycn fiiid Ihc groiip is A iitthle goiiiÈ ¢ortcerii. HeAlIli)' Yescii'c51i0i'e beei) biiili lip over Ilie ytais uiid are iiioliilHined for ¢liaFilpbl¢ iiiipn¢i mild liiian¢inl p￿￿e11¢y. Plnii$ lor rtirliire )'¢ni's At Ilic cciilrc of Ai%'cii's ftilitT¢ plillllllllg Ii'ill b¢ il.s wniiiiilnienl lo eiiulfy. diversil). and iiiclib5ion. I'lii5 kn'ill foriri Ili¢ CCthlrThl plllftr of n IiLlI' r)Ite-)'cfir Sli*i¢g)' io be IDiJiiched iii er¢rl)b 2025. All'en rcco8iiise Ilie di51nn¢c )'cl lo trai'¢1 lo be n truly iiiclusiye or8an15fttloD bul hns also le1￿11 1 8rco1 d¢nl ns n resiilt of eifoTI oi'¢r Ilie pas1 fEIi' )'enrs. Ivc Iliniik llll 11105¢ Il'ho hli Ye sliircd tlieii lived.e.I￿riCllCc$ iiiili v.% and li'e coiiliiiiie lo seek oul tlic coiii'CfS1l1ioiis piid dlnlo8iie ilial Ii'ill help Millk¢ iiior¢ pcoplc fe¢1 lik¢ Ih¢y b¢loii8 Ol Ali'en. Like%i'ise, li'e iiiteiid lo plii y oiir pfiit Iii siippoillll8 11)c locnl developiiig n IiioT¢ $uslniiiable ¢¢OiM)itt}. As ii'c opcii iiciv i'ciiu¢$ r¢thibisli Oflter& eiisiiring )i'¢ iiijecl 8T¢eiier l¢¢liiiologie5 Il'ill bc i'ilii l. as %i'ill c511lblishiiig OiiTS¢lYes fur(Ii¢r ii'ill)lii lh¢ local SOCIDI ciilerpTi5C scclor5. Page 15 Aii'eii Culiui'nl Trusl Reporl of Ihe Ti'uslt¢$ for Ilie Yehr Kil￿¢￿ 31 M81'ch 2024 STRUCTUllf, GOVEIINANCC AND hlANAGEhlENT 11 pmiiiises lo be a iier), chAllenging liinc for loeAI 8ovenim¢ni. nmd il Is Iiiicealls¢i¢ io Iliii)k Iliai Ali'en will 1101 be impnLled by i)artncis rcqiiiring io Imake iieLI'SS(1ry 511VIII85. Oiir Strong iJBrliieTsliip Hiid collnbJTAlioii reeoyd ii'iili our IdeThl (tiiiI￿rI1}', Iieallh and fttiidiiig partiiers i%.111 Sl%iiid lis Iii good SILRII l)vl iv¢ ii'ill Ii¢¢d 10 ii'vrk. ¢renliY¢ly lo ensiir¢ oiirjoii)t.iesoiirces are Inr8eled rti ftreul ol'gr¢r¢t¢sl inipHcl. Ifcliallges ￿￿. rLfjllll¥d ilic5¢ 11,111 be 055css¢d HliYn)'s ii.lih oiir users ftiid bcrtcfici(bri¢.8 in iiiinil. coiiiine￿I0j nnd fiiiidrnisin8 plaiis iirill siipport a fli'¢-}r1¢ r bvsiii¢ss plin lo nin sldethby-slde oiir Ii¥ii' sir81¢g)'. Tlic ke), ubJeLilY¢s for 2024125 will be.. To siiccessfully d¢liv¢T agninsl oiir ShDr¢d I'rosperily fiiiid pro￿&1￿1￿¢$, #chleviiig oiiroiilpuls ond d¢rnuJi.Etraling locol inipa¢l* li lid ivli¢r¢ 1)05slble Acliieve furil)er fiiiiiJiNg lo support fiilure PTojcc15 To pliill lor ond suc¢¢ssfiill)' i¢￿pen Y Iluiii iii Poiitypridd ii) pDrtllLrsliip iyiili Rlioiiddn Cynoji TnrcBc 'lo plllii for Aiid sui¢¢s%fully i¢-op¢n MllL'sie%'fr>iYn Ilnll in partiicrsl)iii ii'itli Bridbp¢iid CIIC joiiiil)i.oversee Il* M'ork 10 ili¢ GrAnd Pnvllion, PoTilicniYl 'ro I￿}111L1) R IlLlI' slrhie8)' for A14'¢11 Culiiiwal-I'nJ5t 2025.2030 11,5ih ii)Lluslon nl ils lienn 'I'o cenicnt oiir fiiiidi118 pariii¢r51ilp Iiiili Ili¢ Arts Council of Iviilcs Iiiid c>ilier cr¢rLilv¢ pTrrtiiers 'ro Iinircil IliL ninbiliDn frjr 8 Ii¢iv ffi¢lli()' nl 11-1.¢of iyiili a550¢1al¢d funding plmi STRUCTunE, eOV£RNANCEAND ￿l￿NAcK￿llEl¥T Goveriiliig do¢iiiiieiil Aii'¢n Ciiliiirnl Tn1511s a coiiipNn)' Iliiilicd W. giinriintee Bovcriicd by lis Mel￿￿romdl￿lI7 and Arti¢l¢$ of AswLliiliuJi dal¢d 27 Nlii), 2015 niid 11￿clidCd iii 2022.11 is ie8islL¥red ns n iliorily ii'illi Ilic CliThrilJ' CoJiinii$5iviI. Only subseribefs Iv Ili¢ In¢iiioYAndiiin aiid Ili¢ Triisl¢¢.% b¢ iii¢ii)brrs Dfilic Coinpnii)p eacli ol'ii,Iioiii ngre¢s In conlribiiie £1 iii ilie evaii of ih¢ clihrli>' Iyiiidlng lip. Ai)i?olnliii¢nt ofTI'iisltei T11¢ Eloord 15 Iiifid¢ lip Iiili)iiniiiii ofiliT¢C i11dividu￿15 i%'iil) H ill￿%1]1)11nI ofeleYen.'I'ni$l¢es ftre Kppoiyiicd b>p OAtliinry r¢501iillon of Ili¢ iiicn)bcrs or b), h d¢¢isioii of Èlle Tnisiccs. Triisl¥LS eiiii serv¢ n Iiiniiniuiii of9 )'enrs bul lir¢ Tequired lo r¥tire by rolftlioii eip¢r)' Ilif¢L Ye￿rS aiid nrt. Llib)Ible lor reiiip115iblli11¢5 10 Ili¥ Clinriloble Coinpnii).. 'fnislccs nre liiiili¢d tv pDiliciphi¢ in IittiiiinK v%'¢lllS 11.li¢ie p055iblc. Ai%'eri PhTil¢ii)al¢d Iii the l)iTriliiYDys to Bollrd SLlieine rY811liiii8 ill li Ii¢i%' Irniii¥¢ Ini%1¢¢ ￿￿r￿li}Ini¢ll1. Oi'gniii5nlloii Tlie tKINrd of -I'nislcc5 8dniliilslers Ilie clinriiy. Tlic LM)nrd bii¢i iiuitrl¢rl)' ii'iili oddiiioiial J?IL'trling$ 11.% r¢qiiir¢d. lor IliL ycir lo 31 Mnriih 2024.'1'li¢r¢ OF¢ Pl)Oiiilc(I by IIIL Triisle¢s lo IManng¢ Ilie dii y-10-dny i)p¢rniioJis of tli¢ cliaiil),. To IiiLilil(Il¢ ¢lT¢cli¥'¢ Iipcrnli¢Jiis. Ilic ChiefF.ieLiilive Iicls Ilele¥nlLd Iiiliorily. iyiiliiii len)is ol'delegnlioi) Approi'¢d by Ili¢'fniql¢¢s. liw op¢railon81 mall¢rs iiK'liiilin¥ linancc. en)plo}'Inei?l Qimi oili¥i ielalcd nLtii'il)'. Pn}, i)ollcJ' foi. sejiloy 51fi(( 'lie board of 11011-eYeciiliY¢ dir¢¢iors, li.1￿ nr¢ Aii'eii's I nisie¥5, and Ilic s¢nior Iiia111£ Eenieiil l¢am, LOlnpris¥ Ilie k'e). IiiMnLILTeiiieni pc]50niicl ol, Il)c Il)Iiril} responslble for (lireelittbb. coJilrollin8 aiid OPCTnliiibp Aii'¢n on A d¢l>'.lu-da)' biisls. All nun.eNe¢iilii'c directors ITyiislee$) Bil'e ofiheir liiii¥ frLcI)' lid (llreclor rcc¥ivcd ren)Iineniiloii li) Ilieir fDPQ¢ilJ' as irusi¢¢ Iii lh¢ ycnr. Ddails IiDlI-¢x¢riiliv¢ dir¢¢iors' ¢.%p¢nses T¢lnl¢d Piirl> Ifiinsnciloiis are Ili5L105ed Iii 1101¢ 7 lo ilic QCLUIEnls. Tlit i)o)' (If Ili¢ sriiior 51an" is deleniiiiied Iii thCiordAiice ii'ilh Nii ii pproycd pay and r¥iYird Ix)Ilc)'. A fiill job ¢*&11141lioii e%'er¢ise i)IiJ ii¢iii IIHY (iradiiiB siriicliire iii 2021122 11)L?I 115 IIIcTb' Is 110.4ep%irttiion in Ihc calculThilon and ll%.Ee551iicnl ofsrjiior ply w)iiii%. Pase 16 Aiyeii Cultiii•l Triisl R¢i)oi'l of ili¢ Ti-11st¢cs roi. Ilie Yeay Jided 31 Mni-eli 2024 R¢lnl¢(I i)ni'llos oiid eo-opernllon ii'ltli oiliei. oi'grt7115nliDIis Noiie ofoiir'l'rnslccs rcccii'c reiiiuncralion in Ilieir capaeily H5 1rt151et or oilier belletli froiii il)elr iyotk i¥.Iili Ihc ¢hfiril>'. An). toniieciloii b¢lM'ecii R Ir1151te or seiilor lilnll¢1&cr of Ilie charily ii'AIli fii)y 511pplicr, pcrforiiicror oxliibiloi niiisl bc disclosed lo Ilie fiill bonrd oTTcu51cL's iii Ilic sftiiie i¥'i1y R5 diiy oilier c4nlracliihl relotion8liip ii'iili a r¢lal¢d pnrty. In IIK ¢ifrr¢iii yrar n(J sii¢li ￿lat¢d P4?rty irnn5aciloiis il'ere reported. 'I'lie clinrliy lias ft c105¢ T¢lIlti011511ip ¥Yiih ilridB¢nd L'oui)ly Iloroush CDiiiicII ii'illi ii,Ihtcli it has o I￿1&-lerItt eonirfici for Ilie provisioiTr of ciiliurnl sei'i'i¢es R¢ros$ Ilie llr¢a. Tlie Coiiiicil is nlso n ke} i)ailii¢r li) desieniii8 aiid pioiiioli118 o¢1iiiii>4 Ilial b¢ii¢flis Ihe ii'cll.bciiig ot pcople aiid Coiiiiiiiiiiili¢$. As n coi)IitlLlI)ii)' orgnnlsrtilon. Ilie ¢linrily nligiis 115 51ral¢Bic planiiin8 lo delii'er IocAII)' ngaii)sl (he i%'ider iiutioiial educnlional, sociol nt)d iirllb¢S118 a8¢rid￿, Aii'cn is p fiill In¢nibLr ofih¢ Dridgend Public S¢ii'ice Boxrd - noiv lh¢ thvm Taf MoT8Aniiii'g Piibll¢ Seri'l¢¢ Bonrd. 'Ilie ¢linril)4's ivlioll). oii'iicd siibsidiarJ'• Aii'¢n'fTftding Liiiilicd. ii'H5 tsioblislicd io operaie ihe fran¢hlse faciiiiles ni BryiiBoni, Holl￿ nloii8side oilier food & bei'ernge scn.Iccs, Aii'cn Trnd11￿ Lln)iled Iifjs n li¢ens¢ froim tli¢ Charity lo opeiaie ilios¢ fa¢iliiies fiiid gift aids nll ilie profits lo Ilic cliHrit)' ote 10). Rlsk niniingciiieiil Ti'iisi¢es Iiai'e ndopled ni) OTgAI)i5fi1iDiinl risk iiiniingcincnl policy Hiid aclion i?IHn ii,hicli Is kepl linder ¢oniliiuHI revl¢ii'. Aii'eii Qiliiirnl Triisi lios Ideiitified rlsks iil)icli nr¢ n)8iril)' lh¢ resiili of ils Cl￿5￿1£ lo piiblic fundin8. i(s rc15aii¢¢ on iiicoo1¢ geii¢rnl¢d froi)) sn1#$ oiid ndi))issioiis, Iiealili, 5Jfely oiid sofe8unfding oiid 11$ ii'ide pomfolio ofbiiildiiigs. aov¢riinii¢¢ nrrni)8eiiieiils coiitiiiiially Inhliir¢. AM'¢i) his IK plA¢¢ poli¢i¢s niid 8iiidnn¢¢ ii.lii¢li I￿1118111¢ A8Dins1 soli?¢ tsf ilie niore freqiientl). renlised risk5 of Ilic chnrit). sector A5 ideiii5fied by Ilie Cliarily Coii)Iiilssioii. 'fnisle¢$ Iinve fiiftller ideiililied risk's Ilifil arc biisiiies5 spccific lo Aii'cii lliiil Id¢i)lilled Iiiili8fili0i1 plaiis aiid n55OCidted o5surnii¢e3 lo ensiiTe ih¢5¢ rlsk's pos¢ no iniiii¢dial¢ or iiKdiiiii).l¢riii ihreit to ili¢ or8alli5nlioii s vinbilil),. REFERENCE AND ADNIINISI'RATIIIE DETAILS Nniii¢: Ai%'¢n Culilirol I fllSI 1166908 Coiiii)ni)y Iiuiiiher.. 09610991 R¢81sler¢d Oftice.. Siible Onicc5, Bry'nBaThY PArk, Bryiiiiienyn. Bfidgend, CF32 8UU Advisers Auditors: Xeiiindiii Audit Liiniicd, Clbnrlrr¢d ACCO￿￿{￿￿[$ 8£ SlRlulory oudliors. Hlghdfile Holis¢, 7 C¢nlr¢ Coiirl, T￿rores1 Indu51rlnl E$lplc. Poiil)'prldd, CF37 SI'R lJfti)k¢rs.' B&r¢la)ps Bai)k, 1.6 l•o¢k¢lls Ivhnrf, %11onsca Solicilors: Blake Morgftz), Oiie Cenlrftl Sqiiare, Cordi Dli'e¢loi's niiii S BAln N. M. Tlioii)0$ S'ljroll (rcsj8iicd 71812024) IleclcLt'r11151ccs'. Coiiipnn} s￿{¢(￿T),- Richard Hughes PRBe 17 Awen thltural Truil Rrpoyl ofih¢ Truileti ror Ilie Ye•r Elided JI Miryh 2021 Stnloy Iiiimieiri olAw¢fi C¥llurhl Truili Chl4f&¥¢ciiiiv¢ Oftl¢¢r Dli¢hr¢ r¢wslbl¢ for Iho R¢pod ofiho Ti¥sl¢¢s And Ihe lliiwi¢lJl strtl¢iK¢iiis Kcordfinrt ty'lih •ppllublt I&w8nd Uftled KlfflBdoin Arcouniln8 Stwthdl (Unlied Kln8dtyii Ucn¢i•lly A¢fept¢d A4xoiiniliii Pr8Ctke). Company lili. r¢q¥iffJ th¢ INsi¢es io prtpfiro nTh•nclol SI￿¢n￿n(s for¢och fln•n or¢r¢qylr¢d Stl¢d svllébl¢ ft¢¢ouiiln8 p)Il¢lÈi irtd Ihen •pply th¢m constsltnily. ob%¢rYv Ilic m¢ihod¥ Ind pAn¢lples Iii ChAiliy SORP, mhke JiidR¢m¢nii ¢511nin1¢5 Ihil ht¢ T¢•withble nftd p￿￿¢￿1. sluie iYh¢ihei oppll¢ibk acwvniltt# stmthrdshrtY¢ b¢en folk￿0. iybj¢¢l lo•ny mal¢ri•l thyrtuff3dli¢los¢d •rtd ¢xplAlncd Iii Ili¢ Ilntttelal slBI¢IIKIIIS' pr¢pae¢ Ili¢ flnaiKiil siAi¢m¢nii tIK •sn¢%rn bosls h Is Iii•ppwprial¢ 10 PrtllMrt¢ th•1 ih¢ ¢hArliftbl¢ ¢ompthy wlll coiiilnv¢ Iii Tlie Inisl¢es nr¢ rtsp)nJlbl¢ for k'¢¢pln8 pfy)perAc¢ounilnB r¢rowd$ 1sthkh dls¢ltss¢ wlili r¢asoMbl¢actiitx>' Ni •n)' Ilm¢ Ihe Iln•Tri¥l•l rA)51ilon iifili¢ ¢7￿151￿bI¢ ¢oiiipaiiy ond lo ¢nAbl¢ Ih¢m 10 tiisiite IIMI I1￿ lliilnclal sidtnitnis ¢ornply 14iih Ihe CornpNnlts ?0￿ Th¢>. alw lesp￿1$1bIc for 18f¢kiithSn8 ihe isyii ofilie¢h•rfiTrble ¢4)m￿nY h¢n¢¢ foi likiiii rethiNabl¢ ltps for th¢ pr¢vrtiknn thlty'llon of frnud )nd oilKr Ifrt¥ulftrlile& ID w Th4r•s Ih¢irusie¢s IT¢ AMYt¢-. Ihrr¢ ii iio r¢l¢v•iil fiudii 1nfomial￿ll of whl¢li iht ¢liirkibl¢ ¢oJnpnnlJ A￿11013 yMwoF¢: And lh¢ ￿￿51¢¢5 IIAY¢ IRk¢ii All ￿¢pS Ihb¢ ilicy Ou￿1 10 hive irtk¢n li) mak¢ Ihem5¢1Y¢s ewhr¢ vfiny releY•nl itydit Infon￿oi1011 ond io eiiibllsli ilibl Ilit olid1￿r3 allats￿rtIffil 5nfornioiloD. Th¢ ?'nb$irt$ or¢ 1¢3pon51bl¢ for IIJC In45nttnDiic¢ hnd lrttwliy of11￿ fol￿￿1¢ nnAn¢l81 infonm•ilon iiicliidrd oli lh¢ ¢118rilAbl¢ eompaiiy iY¢bslte. Ltylililkni In IliÈ Unlita KID8doni8O￿nj{ng the pfepw#ilon d15wknln•liDn of slhiemtnls mly dlffer ffoin1¢81sl•ilon In oilier AppM1,￿ by Ihg tIoATd ofTw>l¢¢S on.. slinedon behDlf of th¢ Do1￿. A Pl01￿18111. Thiilt¢ PN8c 18 Rei)ovl of Ilte liidei)eiideii¢ Audlloys to fht Meiiibei's of Aweii Culluyal Ti-lisl 01)5*1011 Vc Iiiive audlied tlie finTriiciol slll (eiiiciiis of Awen CyliuToI I nist {IlK 'chArilllbl¢ conipAn) } for lh¢ j'ear elided 31 Mrtrcli 2024 Ivliicli coi)Iyrls¢ tli¢ Groiip Sliilciiiciil of Fir)aiieial Aclivili¢5, Ihe GTOilP Dalaiice Slieel. Ihe Groiip CAsh l.'loii. Stalenicnl Id Iioles its Ilie f1111c Iicli11 siateineiiis. ii)cliidiiig sl1lllt￿￿rj. ofsig￿lf1calIt a¢coiiiiliiis policies.'I'lic fiiiftncial fePOTling frniiieil'ork Ilifii lias bceii Rpplied in Ilieir prepnralion is nppliccibl¢ luii. and Uiiiled Kiiigdoin Accoiiiiliiig Si%lndards Iunllcd Kingdoni GenerBlly Accepted Aceounti118 Pr41clicc), iiicludins FinThiiciRI Reporfiiig Sinndard 102 'Tlie Inaii¢lftl Ileportiiig Siiud&r' niaiciifil iii)ccri8iiiiies r¥lAiihg lo ¢i'¢iil$ Qf condlilons ilial. indiYidiinll>' or colle¢ili'¢ly. 11)a)' ¢nsl sigiiifi¢niil doiibi 011 the charilAble groiip or par¢iil coii)pRIiy'$ 8bilii)I to conlinue os ft 8oliig ¢oii¢ern foT a perlod offtl leasi liycli'e InoiJilis froii) i%,h¢ii Ili¢ finnii¢inl ￿￿ternetitS ore niiiliorised for issiie, Oiir TCSPOF)5ibilliles thnd Il)¢ r¢5poiisibilili¢5 ofilic InJslcc5 Iviili r¢5pe¢i io 8011)8 con¢eTlI d¢s¢rib¢l in Ili¢ r¢l¢vanl scclioiis of Ihis rcpnrl. Tlic Iiiisite$ nrc r¢.5poii$lble for the ollier Informrtilon.'ni¢ oilier ii)formRiion comprises lh¢ Inforinoiloii Includ¢d Iii ihe Grouii Anniinl R¢wJrl, oilier 111811 Ili¢ Ilnari¢lftl sin¢tiii¢iils aiid oiir Rcp)rl of Ihe Indei)endent Audilors Ilicrcoii. OIIT OPiliiOlI 011 (lie finRiiclnl slnleiiieiiis does Iiul cover ilieoihcr iiifonnalioii und. ¢icepl lo Ilie ¢xl¢iil oili¢n¥ls¢ cxpliciily slAtcd iii Oilr rcp011, ive do i)ot cxprcss wiy for1￿ ofllssiiwniK¢ ¢oiic1115ion Ilicrcon. Iii Loiiiieelioi) iitiili oiir aiidii of Il)e finaiiclnl Mfttenieiits. our T¢S￿nSIbIlIt>. is io read Ilie oilier i11for￿latiO1l ftiid, in doln8 so, ¢oiisider ii.l)¢lli¢r Ilie oili?r Inissloled. If ive idciilify. 511eli inpl¢riol lrt¢onsl$l¢ii¢1¢3 or nppnrenl nlnlcrinl iiiissiaiciiiciils. li'e BrL' rL'qViTcd ¢0 dei¢rniin¢ ii,lieilier Iliis glves Tlsc lo a ii1Rleriftl Iiiis51niciii¢iil iii Ilie fiiiHnciAI slftleineiils Ihemseli'es. Ir. bAsed 011 tlie iiDrk ¥i'¢ Iini*c ytrforihcd. il'c coiicliide ilini ille￿. is tt Illaler101 i)iissIAlciiieiil ofihls oili¢r ii)foFiiintioii, 14'c nre rcoiiii&d lo r¢w)rl Ilial fficl. Ille Iiai'e i￿1111118 10 rcporl IN Iliis Fe8llr(l. Opliiloiis oil olliti. Iiirtll¢r$ iii'cstylbcil by Ili¢ Coiiii>Riil¢s Art 2006 Iii oiir opiiiioji. bR5ed oil Ike iiork Iindcrfoken iii Ili¢ coiirsc of Ili¢ #iidii: lh¢ Iiifoiiiiiiiioii 8iipen Iii Ili¢ Rei)ort of Ilie Triisl¢¢s for (lie fiiioiieiol >ear for M.Iii¢li Ilie finnnciftl $18ieitterils nre pr¢pfir¢d 15 coiislslei)l ii'iili Ilie rin&n¢lnl slftlenieii15- Riid tlie GroLllI Rewrl vfili¢-friisl¢¢s Iins bceii prcpllr¥￿ in llccordftiice ii'ilh npihll¢Mbl¢ l¢gAI mliiiT¢in¢iits. Inllei's oil iyliirli i%e ni't rtqiilr¢(I lo r¢porl by exroplioii In Ili¢ liglii of Ili¢ kiioii,ledge iiid urtd¢rsinndin8 of Ihe cliarilable 8miip nnd pnient coinpaiiy niid its eÉiYiromiieJil oblalned Iii Ili¢ ¢OLirse of Ilic llii(lil, li'¢ Iiii ve 1101 ideiilified Iiinlcriftl 11)isstateiiienls in the Re￿ff oftlic TT1151¢¢$. Illc Iiai'e Eioihijig Io Tcporl in rcspccl of ilic folloiirjijg Jn?iicrs iyhere lh¢ Conipaiiles Acl 21)06 requiKs lis 10 r¢i)OM lo )'oii Ir, in our opiiiioii.. d¢q(iftle ftccoiiniliig records 1114 5'e b¢¢ii k'epl or retiirris ndequii le lor DITr aiidii liave iioi been T¢¢¢ll'ed froi)I brniicli¢s Iiol i'isil¢d b>, 115: or Ihe fii)ancilll 51a(ciiicnls are nol in ng¥¢eiTienl ii'iili Ihe ac¢oiiiiliiig rccuTd5 oiid rctunis; or eertoii) disclosu￿5 of lnislee￿ rel￿￿11trntIol) specifieii b). laiv afo Iiol Iiiad¢,' or Ivc Iiave iiol reccii'cd.ryll ilie infoniiation aiid &NiilanRlions li-¢ feqUif¢ forour iilHtil. Page 19 Reporl of Ilie Jiidepeiide￿I Aii(IlioYs lo Ilie Meiiibei's of Aiveii Cullurnl Ti'u5t A5 cxpIRii)ed ii)or¢ fiill), in ilie SItLlenieni or rriislee5' Responsibilitie% Ihe irusiees (11.110 are olso tli¢ dir¢¢iors of Ili¢ ¢hnrilllble coiiipnii>' Ibr Ihe piirposes ot'coiiipaiiy lllii.) •re respoi)sible ttir the prepanilort ofthe llnanci1i I Slalei￿e1¥ls il lid for b¢liig $111isfi¢d Ihllt Ili¢}' giv¢ 8 Irue aiid fair vie%ii aiid for siieli inlefiiRI coiilrol lls Ilic liiislefs delciiiiiiie is nece5Stir)' lo fiihblc ilie pTepRtalion of finunc&al sirttcineiits Iliii l are trtr froii) iiinl¢iiil Iliissiaiel￿C•i1, ii,heiliei di1¢ lo fmiid or ¢rror. ITh prLporiiig ili¢ fiiillri¢lftl Sini¢1￿¢111s, lh¢ Iruslees 01¢ r¢sponsibl¢ for a5s¢ssIii8 tl)¢ eliThrliThblc group oiid i?or¢iit conip(iliy's ftbSlliy lo coiiilnue fis ft goliig colit¢1￿, dis¢lo$iiig> as nppli¢abl¢. I￿allerS fcllllcd io going conceni Hiid Iisiiig ilie goiiig concern bisls of a¢coiiiilinB iiiilLSS Llie Inislecs ¢iili¢r irJl¢iid lo Ilqyidnle Ilie cliftrilnbl¢ c()Jnpiiny OT I(1 C¢05e opcraiioiis, or ILQi'¢ no r¢ollsli¢ nliernnlii'e bul lo do 50. Page 20 Repoyt of ihe Iii(l¢peiideJii Aiidlloi's to flie Meiiibers or Ai%'eii Culliii'nl Tyusl Oiii. I'es1Io11sibllitles ffji. Ilie niidll ofiii¢ Ilnftiiclrtl slntenieiils Our olijcclii'e5 llre lo obi41ii TLaSollRble Rssiimricc alK)ul ii,Iicilier ihc group financiii I slAlciiients as tt ivliol¢ nrc fr¢¢ froln 4)Tratf rlal Ihlsslftl¢ineiil, Ylirtlicr diic lo frRud or ¢rror. a￿d io Issiie D RepoTI of Ilic Iiidepeiid¢nl Audilors IllAt inclLLdes oiii opiiiion. R¢asonHble fi5siirftiicc 15 ft1)IEh lei'el or ssiiY#iice. bill is iiot a guarjiitee Iliii I ni) 8iidil ¢ondii¢l¢d ilccordi1ncc iviili ISAS {UK) Ivill ali4'A)'5 dclccl R ii?Jlcrinl i)li551111ciiiciil ii,Iieii li ¢xlsis. Nlissioi¢iiient3 Cllll iirise frtsiii fraiid or error aiid fire c0175ider¢d Iiialeriol if, iiiilii'idiiall), or iii Ili¢ oe¥r¢gule, Ili¢)' ¢oiild reHsoiinblJ' be eYp¢¢led 10 Iiilliieiice Ilie econoillic dcclsioiis of Iisers 11¢ kcii oil lh¢ basis of Ilicsc fiiiniicial stai¢n)cnls. 'Ih¢ ¢¥l¢nl lo ivlilcli oiir proccdtiK's •r¢ r4pable of delecltiig irf¢giiltsrilie4 i1)cli￿1￿8 fmud Is dethiled below: l(lehiif>'liig nn¢l as$¢sslii£ i)ottiitlnl rlihs relthled lo Ii'Yt8iilni'liles Iii idtntif)'iii8 aiid Rss¢ssliig rlsks of Iiiol¢rlfil Inissifjleiiienl respe¢l of iiregulaiillc5 Includin8 frniid oiid 1101)-compllaiice i%'ith laiis fiiid regiil(tiloii$ {0) Tlie 118liir¢ of Ilie indiistry niid sc¢ior. CoiitTol environinenl and ￿l$ll￿eSS perfoYniRn¢¢,' (b) Ilesiilis ofili¢ Ciiqiiirles of Iiiaiift8¢nienl Nboiii Ili¢ir oiiyi ideiiiificntioii niid asse5siiienl of Ilic risks ofirre8uIiiTI(ie4 (¢) Ai)y Iiinll¢rs li'¢ IIRI'C ideiilified Iift%liii8 obihiiicd li Iid r¢vl¢41'ed ilie ¢harily'S Id) Dociiiiieiildiloji of Ilielr poli¢i¢s nii¢J prorcdiircs rclTrtiiig lo: li} Identifyiii8￿ ¢valiioiiii8 lliid coinpl)'iiig iylih #rid rcgiilalioi)s aiid ii'licihcr ih¢y ii'cie aii'aye of.11)y 111siiii¢es of noii-coinpliRIICC: {11) deleciliig ond respoiidii?g 10 111¢ risks of frnud Hiid ii,Iicilier th￿, h81'e kiioiyledgc of8n)' acliinl, siispecied or nlle8£d frniid: (ill) Ilic iiilcriiRI coiiirols ¢slabllsli¢d fo iiiiilgo¢¢ risks of fipud or noii.coiiiplinii¢¢ ivllli1011.5 and rcgiilalioii5: {ii'} Ilie iiinllcrs disc1155ed ninoiig Ihc lludlt tn8Ag¢iii¢iii iethn Te8llrdin8 holy ond ii'lier¢ frnud Ini81il OCCUT iii Ili¢ fiiiAi1¢inl slai¢ii)eiiis Ai)d an), i)oleiiliftl Siidlcnlors of fraiid. A5 D r¢siill of Iliesc proc¢d41r¢s. ii'c con5ideT¢d IIK opporluiiliie5 kv)d Inceiiltv¢J Ihfvl mfjj, exisl ii'iililn Ilie orgbnlsaiion foi fmiid and idciilified Ilie 8r¢nlesl polenilol for frniid ii) Ilic (olloivii)g areAS'. (a) Tiiii1118 of re¢o8nliloii of iiicoiii¢ Ib) forelgn ciiry¢n¢s' ImiislAIioii, (o) Vuliie of slo¢k$ Iii con)iiioii iviili audils linder ISAS (UK). i%'e or¢ Also iequlr¢d fo perforni Specif￿ procethif¢$ 10 ie5poiid to tlie rlsk of Ihana8¢nienl Olltrfld¢, IV¢ ilso obiniiicd nil undeislgiidliig ofilie legAI ftnd regiilaiory fra1￿clI￿rk'S Iliai ihe ¢on)P1n)' 01?eml¢8 511. fo¢iisiiig on proi'isions of Iliose IKii's arid regulnlions Ilial had M dirccl cff£cl on the delerinli)ftiloiTr ociiialcrial llrnoiiii15 lliid di5closiirc5 111 Ihe flIiAii¢l81 slol¢iii¢nls. 'I'lic Le>, lftii's aiid re8111iiliw15 IIT coiisidcfcd irn iliis ¢oni¢Yi iii¢liid¢d Uk Cuii)pnnics Acl, ¢iiiployiii¢iil lfiiy, Iiefilili uiid snfcl).? pciisioiis l¢glslfjlion li)d le8lslAIioii. lil nddilinii, iyc con5idcr¢d provlsions of othcr lftii'$ nnd r¢giilnlion5 Ilint do Iiot have n dire¢l ¢ife¢l on Ilic finniiclnl $lAtemeiilS bui eoiiipllniice %i'iih iYlil¢h 11)Try bo fiiiidaii?enlRI lo lh¢ Coihpbiiy's Abllli). lo opernte or lo ftvold ft nioierittl penaliy. Aiidli i¢spoiise to risks idcnlified Oiir pro£eduTe$ lo r¢spoiid io Tisk$ ideiiiifiid iii¢ludcd ilic folloii'iiiB.' lal R¢vicii'iiig the fliinn¢ial Sii?l¢i)i¢nl dlsclosiires oiid 1¢s1ii18 lo siipportlii8 dociiiiieiilolion lo h$$¢$s Coiiipllanc¢ ii'ill) proi.lsi0115 ofrelcip￿nIltll￿'s llnd r¢¥iiliii0115 4]cscribed as hnvli)g ft dlrt¢l cifect on Ilie fiiiftiicial Slaleiiienl5: (b) I;. {¢) l)¢rfoTiiiiiig ftnRI)'licnl pioc¢dur¥S lo id¢nlif>' Rn>' uiiiisiiil or uii¢xJJ¢¢led r¢lftiionshlp5 Ihoi iiin). indicftl¢ risks of Inai¢rial iiilssiaitii)ciii duo lo frlliid. aiid ((1) Iii &ddres8liig Ilic risk or riniid IhrDiigli llliinage￿iC￿{ oi'crridc of coiilrols, Icsliiig Ilic oppmprifjlciicss of joiiniul ciilries niid oilier Ddjlisll￿tnIs', SSC55iii8 11,Ii¢llieT Ili¢ jud8ein¢iils i))nd¢ iii iiijKiNg accoiinliiig es1imAles nre iiidicaliye of fi pol¢iilial bi11 5: iiiid cvaliiii1i118 Ilie busi11¢$5 Tollonale of aiiy ¥iBiiificHiil IrAlIMclioiis Ilinl arc uniisiiic l or oiilside Ili¢ IlOTlI)Nl coiirse of busiiie5S. Ille u150 coIMmLiiIIcnicd relci'tkiil idciiiificd Iftivs Hnd Tegulllliojis polcntial fift1￿ ri5k5 lo All engHgciii¢iil leani Inciiibcrs rciiinijied tllert lo niiy liidlc41lioi)s offrfjiid or 11011.col￿p1IftlIcC ii,lih laii's 8nd regiilnlioiis tlimiighoiil the tudil. Pag¢21 nei)oi'l ofilio Iiitloiioiiil¢iil Aiiilllois lo Ilio Meiiiboys or Aiyeii cli11￿1'nI Ti'iisl 11011151111¢¢% oflliRi*ilnl 11g11.¢onipllrtii¢i i%%1¢ Idtnillled. Hoii'¢Yeri Illl Ilk¢lllJood ofd¢i¢¢ilI￿ lireg(IlArlil¢s, Iiicl(IdSng frrtiid, Is Ili>ilitdby 1116 Iiili¢i¢iit dlfflciilty IIR dele¢lln8 Irfo&iiliililcs, Iha elYe¢ilY¢n¢ss of Ili¢ tiilll)Os roiilrols, Iiid Ili¢ naiur¢, 111111118 &il¢ill of Ilic aiidli pro¢¢diireJ p¢ifoniied. Irf¢Biilnililes Ilinl r¢siili fY¢iii tllliid iiilBhl bo IhhtrÈnil>i iiior¢dlfll¢i•li lo del¢¥l IlIRrt Irre8(IIArlilei Ilial iesiili fioiii Clltsf. As ￿¥pIn{lit0 Abtsiiè, Ih¢i¥ Is nii Iiiinvoldnbl& ilik Iliii iiinl¢¥lthl iiil$s1￿{tlIi¢Tr1$ I1￿Y 110166 l¢le¢(ed, ¥v¢n 111011811 Ili• nudii Iins beon plnthii¢d iii(I PDifon¥iel Iii a¢￿idA11¢￿ iyllli ISAS (UK). A nirthoi Il•s¢ili)Iloii of our Twpoiislblliil¥i for t1￿ rtiidll tsf Ilio IlnM01ul slrtltiniiils Is lo¢nied on Iho PIIiDii¢IAI Ilepoiiliig Coknrtclls ￿¥bIll# nl I￿1,11.,11¢￿rE.￿￿In1IU6l0r$10Jp0JIsIblIIIICS. Tlils desei1pil￿) foiiiis iinil or0￿r Il¢yortof Ilio Aiidliors. U$8 ofoiii, i'oiic+yl Tlil$ r¢ptsrl Is Iiiido sololy lo Ili• ¢lin(Ilhlil¢ ¥oiiiiithii) $ IM¢iiib¢ii• lis n i￿rfy. Iii rttcordnneo iyliii CliThpler 3 of Vod 16 of Ihe Coiiipniil¢s Aol 2006. Uiir Iidll lirss b¢¢ii IiiidertThkcii so Ilial ¥i'¢ i)Ilghl 31ft1¢ lo the clihilioblc ￿171￿11￿*S IiieJiib¢ri ilips¢ ii)nll¢¢J li'8 nra r¢fjiilr• Inlirt¥lbl¢ 11sels Toiialbl¢ Nss¢ii IEbv¢slmenlS Is 16 17 1,415 2.012,12J 824 516 4.￿9 .916,752 2,012,123 824 $16 1868.OS4 2,868.054 2.687,2OJ cvNftxNr ASSETS Siocks D¢biori Inv¢51m¢nls C￿h nt b￿k •nd Iii lknrtd 18 19 40.742 1.835,559 176,390 333 876 0.742 1.8J5,559 650,040 42.119 1,708,13J I,fJ)9.71Q 713 377 523,650 2,J56J67 J2J.650 2,88Q.217 3,563,339 CREDITORS Affloiimly fi115118diic wliNn on¢ 21 (2.031.531) 12,031,SJ i) {2,162,fJ611 NKf CURRENT ASSETS J2J 036 52J 650 841680 401271 'roTAL ASSEI'S LKSS CURRgNT LIAOILITIL8 3,193.090 J2J,650 3.716.740 4,081.476 CREDITORS 14moiini$ ffilllDA dyp •fttrmvr¢ thAn ontytit 22 (40,268> (40.?08) 112J,344) NET A88ET8 3 152B22 32 3 676 472 3963 IJ2 FUNDS Unr¢slrl¢itd niiidj K¢siri¢ied fiindj 24 J,152,122 J.410.8B2 5$2 2$0 TiyfAL IIUNDS 3963 132 '11ie flii•n¢l•l *RltnieniS *tr¢ •ppft)ved by lh¢ Bwd ofThiMttS Ind for Is9￿ on .. beh￿rbY.. ii*ie sl8nd on Its A Vi(ii¥rl8hi. TrU￿¢t The nolu forni p•rt of thes< finindal slalemenls Page 24 Aw¢ii Cul(￿r*I￿>￿t Comptsnyll*lAn¢e 8h¢el 31 Mar¢h 2024 31.3.24 Tolil ndi 31,3.23 Tolel fuiid5 Unrajtrlded funds R•gtsicled nds 14)ws FJXLIDASSE18 Int￿￿bI¢ issds TtnÈlbl¢ ui¢ts In¥¢JimMI$ 1.41J 1.940.595 1,415 1,940,595 824 516 2,830 1,790,139 16 17 2,764526 2,766,526 2.559,3S4 CURRINT Assrrs Stocks Dtbtort Inv43tmmts C￿h lth hknd 17.041 2.024.666 126.390 235 051 17.041 2,021,666 650,040 235031 15.162 1.716.489 1.099.710 19 20 J23ffj30 IhOJ,148 323.650 2,926,798 3,368,161 CRED￿0￿8 thO￿nIS hlllrt8 duo wiihLn on¢> 21 {1,134,491) (1.834,492) 11.931.59?> 14rr CURRENT A89ET8 561656 1436 J64 TOI'ALA8sm LUS CUIIHEpif LIAIJILITJ88 3,335,112 52J,650 3.858,832 3,995,918 NKT ASSM 3 JJS 112 523 6JO 3 8J8 832 3995918 Fiirms unrt3lrl¢￿d Ro3lrlthl 23 3,33J.182 3.443.668 3J2 230 TOTAL FUNDS 3995918 (&((Ll¥......,...... Th¢ nthkn¢lil slrttem¢nii wue•ppov&l by the Board of TN81¢￿ Ind for IMuoo11.., wer¢ s*d on ils brhaifby.. A Plowr58hl.Trusl¢¢ The no1￿ f•mi p•1 of th￿* tlnwoiil *aimMIs Pe80 25 A)Y¢s1 Culliirxl Tru51 ConsolidNted Casli Flow Slatemeiil roi. Ili¢ Year Ci nd¢d 31 Mfir¢li 2024 31.3.24 31.3.23 N()Ics Cnsli lloivs froiii oii¢ralSNB aeilyllles Cash Ecjicralcd from opeTfjIIoBIS 315 199) 1517028) Nel c8511 used in op¢ralin8 aclivliies 31S 199) 1517028) CRsli nows froni liiytstliig Atilvliles Pur¢lia%e of lanBlble fixed a55Cts Purchase of fixe(l os%el invesliiicnls S#1¢ ofcurrciil ussel Inv¢$iin¢iil¥ Dlvld¢nds ieceivtd {418.520) (58,151) 449.670 1500.213} 11,869,308} 13.467 Nel cash used In Investiiig oc¢lvAiles 44 302) 2 356.054) Cliinge Iii cftsli atid cftlli eqylYAltiits In Ili¢ reporllng pÉYlod CAsli Aiid cns11 equlyalenls Nl the bE8lnnlnB of Ihe reporllng pei'lod (359.501) 13.873,082) 71J377 4 586 039 Cn¥li cRsli cqulvAl¢iils nl (h¢ of lh¢ roporlliig iiei'lod 353 876 713 J77 llie noles form pHrt of these r￿l￿ncle1 slalemen18 Pftge 26 Aiveii Ciilllli)Il Ti'usl Notes ¢0 tlle Co)Isolidqled CAsli filoiv Slatenieiit for Ilit Ye#Y Ei iided 31 M*i-¢l12024 RECONCILIA'TION OF N£l' kXPENDI'fvRE'fo NET CASH FLOIY FIIOhl OPEf4AI'ING ACTIV11'1LS J1.3.24 31.3.23 Nel exii¢iiililiiro for ili¢ i'oiioi'lliig yerlod (AS p¢* Ihe SIHltnienl of finpiielnl Atllvlllej) AilJiistnieiits for: Dcpre¢inlion cliRrBCS Losse$ 011 Ini'¢sii?ien15 Loss 011 disposol ofnx¢d nssel$ Divid¢Jids rec¢ived D¢crense in sio¢k$ Incrlnse iii dcbtors (ljecreasc}liiic￿asc iii crcdilors (278,660) 1581.639) 279.386 251,181 33.340 46,112 112,699) .371 1127.426) 221289) {13,4671 I,Ido (1,469,985) 262 402 Nel eRslI useil Iii oiitr1t10115 313 199) 517028) ANALYSIS of¢ CHANGES IN NET FUNDS Al 1.4.23 Ca511 noiv Ai Jl.3.24 Nel ¢n$li Cash 01 baiik and iii Ii&nd 713 377 359 501) 353 876 713 377 359 301) 333 876 Llqiilil rtJOlll'Ce5 Deyosils liicliided Iii ¢asli 1099710 449 670) 650.040 1099710 449 670) 650 040 Tolrtl 1813087 809 171) 1003 916 71ie I)￿e$ forni i)hrf of Ihese finoilcilll slnleilients Page 27 Aiyeii Ciiliiir81 Ti'usl Noles lo Ilie Coiisoll(Jnled Fliiniiclal Slfiteiiieiils loi. Ilie Yenr Ended 31 M#reli 2024 ACCOUNTING POLICIES Bn51$ of i)repfii'liiR tlie Iliiaiirlnl slnlcnioiils Aii'¢ti CulliiTal 'lhist is a privnl¢ conipori) liniiled by (hiirniitce iiKorporoted iii Eiiglhntl und IVAIcs. Thc r¢gisl¥r¢d offic¢ Is Slabl¢ atfice B￿￿ngArlY Porl. Bryiiiiitnyii, Bridgefft￿ CF32 8UIJ. .11¢ a¢¢ouiils hav¢ b¢¢h i)r¥'pnr¥d in accordhncL Ii'iili Ihe ¢hDTit) s goycrniiig docuineiil, Ihe Coiiipnhi¢5 Acl 2006 Dtid 'Accoiinliiig vi)d ReiK>rlln¥ bj, Chnriiics: Siaiciiicnl ot-Re¢oiiiiiieiided PIAcli¢e applicAblc fo clidrill¢$ prepari1￿ Ilietr Accoiints In ftccordonce ii'ilh Ilie Fliiniicial R¢porti118 SIDiidiird npplicnble lil ili¢ UK oiid R¢piibllc of Ir¢laiid (PR8 102). (as Al￿¢174¢d for accouiiting periods coiiTrii)encin8 Ironi Jniiiiary 2019). Tli¢ charil). is a Public Btnefit C*ttlliy defined by PRS 102. Tlie finiMLlal 51ileiiieiils Trre prepllrL.d in slerliiig, i%,Iilch is th¢ fiiii¢iion¥tl ¢iirteii¢y of ili¢ L.Iiftrily. Mon¢lrtry' aiiioiiiils iii Ihesc tliinD¢lnl slfil¢iiieiiis are i￿￿nded i(7 Ilie n¢rtr¢51 £. Tho fJn4iicinl sial¢i)Iciits IIDI'C been prcp.lred uiider the hls(orlcel cosl coiiventioii. Iiiodified to Iiiclude ceTlalri 1111811clnl 11151niiiienls ai foir i'olu¢. The i)rincipal ac(ounlin8 poli¢i¢s ndopied Ar¢ s¢1 oiil bcluii.. lJn51s ofcoiisollilnlloii Anil ¢oiiiiihi-fillYe& 'rii¢ Ilnniiciii I slaleiiieiils coiisolidnie ilir r¢siilis of tl)e clinTily nnd li$ iyholly (sii'n¢d subsldliiries 011 ft Illi¢ b), lili¢ bnsis. NIO 5¢pnrol¢ Sinl¢iii¢i)l orrii)aiiciDI A¢ili'ili¢s1SOfrA) Iins becii prepared for tl)e Charilnlil¢ Coinpwi). a5 Plfiniiled by 8cclion 408 of Ilic Coii)pTriiics Ael 21)06, Goliig coiiceiii Ai Ihe 15ifie of approvi￿8 th¢ Ili)nn¢iDI 51nt¢iiieiils, Ilic In]sl¢es lini% A r¢osoiiThbl¢ expe¢iaiion Ihal ihe cl?arip)' Iins nde(Iiiule r¢soli￿¢S lo coiiliriii¢ iii operdlioiilll eiislciicL for lh¢ loi¢se¢oblc fuliife. Tl)Iis Iht Iriisiees conlinu¢ io adopi ihc 80liig ¢oiic¢rii bft51s of n¢¢oui)Iliig in aeiiernl fui)ds Drè IillT¢51ri¢ied fuiids ii,liich nre pvoilwble for v5e al ihe discretion of Ilie bonrd iii fuitlicMI)c¢ of Ili¢ 8cllcral objcclivcs of Ihc elifirily piid ivliicl) li&ve b¢eii d¢si8nftl¢d lorotlier Pufposes. Il¢51ri¢i¢d liiiids nrt fiiiids whicli fire io be Iised Iii tteeordllnce iviil) specific restrictions iinposed b>, donors 1141icli hHve beeii rniscd b), Ihc ¢lIDrity for pftril¢iilor i)IlTN)5es. 'I'lie cosl of inisiii8 Aiid 41dniiiil$iering such liiiids Arc char8ed ognliisl the we¢ifl¢ fiinifj. 'l-li¢ aliii aiid us¢ of cacli r¥slriLltd fuiid 15 Sel oiil in Ilie Troles 10 the finlinclftl slnleiiienls. D¢sl¥nnl¢d ftii)d5 gr¢ fiiiids s¢1 ftside by tlie'l Tri￿¢¢$ ovi ol iinresirl¢t¢d geiieTAI ftsiids lor specific fiiliiw piiip)ses or i)roje¢ls. Iii Ilie applicfilioii of Llioiil)I'S LIL¢oiiiiliiig ￿lici¢s Ili¢ IrM51ees Rre reqiiired io Jnttkc jiidgeineiils. ¢.%ili)In1¢5 aiid M5SLlI)Iiillons al)oiil tlic cnrr}liiig niiioiinl of n55eis #nrf lii1bllilie8 tIIBI lir¢ 1101 i¢￿51￿ Ap￿￿re11( from oilier.sources. I'he e51iiiinie5 Aiid nsso¢lftl¢d ossiiinpiloi)S AT¢ bnsed oji Iiisloti¢nl ¢xpeil¢nc¢ niid Oiliei faclors Ilifil are LoiisiderLd io be rLlevTri)l. Acliiol res11513 iiithy dificr froiM Ilicse eslii)iTrl¢s, The ¢siliiiot¢5 lliid 11iidcrl J'iiiB nssiiniiilivths nr¢ T¢%'l¢lS'¢d 011 ali ongoiiig b8sls. Reipisions lo nceoiiiiliiig eslibllnl¢s ftr¢ Tecuyilsed lil Ilie iieFiod iii i%.Iiicl) th¢ ¢*liiMiil¢ IS rel'ised ii'lierl Ilie Teiiislon aft¢c15 only iliiil pcriod, or in Ihe peiiod of flic r¢vision ai)d Iliiui¢ p¢iiods ii.1ier¢ ilie revisioii nftecls l)oili ¢iiir¢iii niid fuliirc pcrlods. K¢y sourtes tTrf ¢51iiiialir)11 an(1 iin¢crtiiiiil)' As scl oul lil JlOl¢ 2.1 Ihe cliority opeiales n deni)¢d bencfil yciisioii sclieiiic for all qiinS1fj'i118 einplDyCC5. TILC Rccouiiliiig c051 of Iliese beiicfils nrtd Ili¢ iir¢5eiil i'nliic of (11¢ pcnsioi) liobilili¢8 iiii'olv¢d jiidg¢i)ICnls wlKJUi iincertiiill eiieiiis iii¢ludiiig siicli fa¢lors i?5 fhc Ilfe expccllliicy of nicinberh, Ilie %lll,iry progr¥55ion of ciirreiil eniplo}ie¢s, Iiritt iriflli lioii Ilic discoiijil rnle iised io ¢nl¢iilnle Il)¢ Ii¢l pr¢￿111 valiie of lh¢ fiitiir¢ peiisioii prtj.1￿￿nt$. Esliiiinie5 or¢ 115ed for oll ofilicsc fRclo¥s in delenminiiig ilic peii$ion ¢osi$ &iid Ilftbllifles illiowmie iii ilie fiiiaiicii11 slaieinenl%. TIL¢ 5511inpt10115 r¢lleci Iilsiori¢ol ¢xp¢iiciic¢ ui)d judBcnieiFI IlgThTdii)s fiiliii¢ eipe¢lotion$ nnd ¢,¥l¢mal u¢iiipriol spccir*li51s ftrc Etlso iiseil to osslsl th¢ e¥¢rcls¢. Imcoiiio Iii¢oiii¢ is rccugniseil ii,hen Ilie ¢haril)' 15 Icgall). cnliilcd lo li aner nil). i)eifoTmpii¢¢ ¢ondilions l)av¢ been iiiel, Ihe oinoiiiils rni) b¢ In¢8svr¢d relinbl),. and il is probftble IhDI iii¢oiiie 1s.ill be FLYcivcd. Ca511 doi)aiioiis ftre reeogrtised oli reeelpi. Oih¢r donc1110115 Br¢ r¢¢ogiiiscd oiice ilie charli>, hos b¢cii nolificd ol'tlie dniiliiloii. vnl¢&s performjncc conditioiis rcquiÉY defetrol pfili¢ ninouni. Poge 28 ¢oiiliiiiied.. Aiyen Ciillurnl Trknst Nt)l¢s lo Ilie Coiisolldaled Fiiiaiicllll S(Aleiiiei)Is- coiiliiiiied roi" (lie Yeni" Elided 31 hlAI'cli 2024 ACC.01114TING POLICIES- coiiliiiiic liicome liicoiiie froiii gril nts is rc¢ognl%d ivl)¢n Ilie ¢liarily hfts ¢nlii1¢111¢i1I lo tli¢ fvthd$, 911), peifoniiaiice conditions nllllcli¢d lo Ilie 8*niils IiuY¢ b¢¢ii iiici, 1¢ is probnbl¢ Ilint Ilie Iiicoii)e 1¥115 b¢ ieceiyed ¥iid ili¢ aiiiounl Cnn be ineasiir¢d rellttbl>* niid is Iiol dcferfed. Th¢ Iiiinfigeimenl fee is nii 11iiresliicled fuiid M.liicli Is Avfillable for use 81 Ihe discrelion of th¢ Tnisie¢s Iii thrth¢rancc of Ilic 8¢n¢To1 obJe¢ilveg of Ihe cliarilnble coiiiplliiy. I"Iie iiicoiiic 15 iiivol￿d rc¢ognis¢d in ilie pcrlod lo ii,lil¢h il relHI¢s. Llbrnry iii¢omc is Tecogniscd At ilie dnle of IrAnsa¢lion. No 01￿011$115 Br¢ In¢l(Ided Iii tlie tln•n¢i&l slnl¢in¢nls for s¢rYl¢¢$ aiid ilm¢ doiiiied b). voluiilccrs. Inler¢sl on flii)ds Ss iiieliidcd ii,Iien T¢c¢ivnble niid the fiillount be ni¢Asiired relinbly bj, Ihe charil),: 1$ iioni)ally iipon nolificlltioii of tli¢ irtlei¢sl pnld cir pn>'abl¢ by Ilie Kxp¢ii(lilui'c ExpeiidliiiT¢ Is re¢o8iiised oiice Ihere Is R legAI or ¢oiisirticilite oblignilon to iiinkc n payin¢nt Io o ililrd p8rfy• il is pTobablc Ihfil seiileiiieiii 11.511 be r¢411ired Aiid IliL ￿￿101111¢ of Ihc obli8nlion coil b¢ In¢osui¢d reliTrbly. Eipeiidiliir¢ is n¢¢oiinl¢d for oil Hii accNTrl$ bm51s hns beeii cla55ified urtder h¢fidin85 Ihnl ft88reg%il¢ all co$1 f¢lRied io Ilio c&le8or>', IIILcre e051$ eniiiiot bc dirc¢tly ttllrlbul¢d lo pDrfi¢iil8r headi￿8$ they hiv¢ been 8lloeHied io acliyili¢s tsn n bo$ls ¢011slsleiil ii'iili Ili¢ lis¢ uf r¢soiirc¢s, tx'p¥ndliiir¢ 011 ¢hNfiiHhle oclivitics includcs Rll ¢osls rtlfill￿g io I1￿ fiirtherni)ce ofthe ¢liorily'S obJ¢clii'¢5 11$ 51ntcd iii 111¢ liiisie¢5 r¢porl Irr¢coverabl¢ VAT is di8r8cd RS n cosl agniiisi ili¢ aclii'ity. for ivhicli Ilie expendiii•r¢ il'as inewrcd. Goyeniniicc cosls nrc tIID5C ?nciirr¢d li) Ili¢ oov¢mni￿c of ilic C118riiable coiiipftiiy aiid ils assels &iid are Prininrily nsso¢inied u'iili ¢oiisiliuilonftl ond siaiLllOJ)' r¢qiilrtmeiil$. Co$is ii'liere posslble are Rllributed dirc¢tly fo ilic a¢iiYlty In whicli Ili¢y relate. IVheK ¢osls caiiiiol b¢ dire¢iW 8llrlbiiied lo pftrilculai. l)eftdinBs Iliey liavc becii allocalcd to llclivili¢$ on o ba$S$ ¢onJislcni wilh Ihe Ii$e ofthe r¢soiirces. Graiils piyablc Are Pilyliieiils Iiindc io Illi￿ ponies Iii fuitheTHn¢¢ of ili¢ cliirilAble objects of Ili¢ tonipillly. The grniils nr¢ llccouiiled fur ii.1iere ei(Iiei ilie'friisi¢es IID¥+¢ ogr¢¢d io pay ilie gi¢iiil ii'iihoiil ¢oiidiiion oiid Ilie recipieiil l)os n r¢o$oiinble exp￿{&[1011 Il)nl Ili¢y i%,111 re¢elYe ft grnnl, or &iiy coiidllloyi 41lla¢lied io Ilie 8r*nl is oiiisid¢ ili¢ coiiltol of Ilic coini)lln)'. GTanlS offered siibJ¢¢i lo coiidiilons ii,Iilcli hnve Iioi bttii Inei ni Ihe year ertd dAt¢ ore Iiol¢d fis a cojiiiMiliii¢ni bill Iiol 8¢¢iiied as expeiidiliirc. TAiiglblE fixeil ft5Stls 'I'anBiiile fiyed o55el$ nr¢ IiiiliAll>' Iiieisuieil at CV5l hnd 511b5CqUCiitly ille￿￿[¢￿ rtl cv51 or i'fillinli￿1, n¢1 of d¢pr¢cialioii &iid niiy Iinpiiiniieiil losses or iii cases M,Iiere fi%cd n5Stls IIAI'¢ been don¢iled to ilie Charity. ol valiialioii Rl liiTr)o of ftcquisliioi). Dei)re¢lfjiloii is r¢¢ognised so 8s lo iyrile oft ihc r051 or Ypliifilioii of Thsseis l¢ss Ilieir r¢slduRI I'filiies oi'¢r Ili¢ir iiseful Ill'es 01) Ilic fo11014'111B bis¢s'. P￿Perty iimprovciiiciils: 5Yo Slrniglii lili¢ Nloior i'elii¢le$.' 250/0 slrniglil lili¢ Uffl¢¢ aiid fuiNiiiir¢ ¢qiiipiMeiil- 10-33% 51ralglii lil Coiiipiil¢r eqiiipiK¢iil- 20.31% slraiRlii liiie liitfjiiglble llss¢l$ liilpiigibl¢ ossels ftcoiilred S¢P41ralel)' froiii a biistness arc rceogiiiscd fil ¢051 ar¢ subseqiieiilly niertsurLII al cosl less ftcciiii)Iilale aiiiorilstsiloii ftrtd ftccuinulnlcd iiiipniriii¢ni losses, Page 29 ¢oiiiiniied... Aiytn Culturol Trust Nole5 to Ilie CoJis0lidssl¥d FinaiiclAI Staleiiienls- eoiitlnued for ¢lie Yeni. E#de(131 Mlli'eli 2024 ACCOUNTING POLICIES- coiilliiiied Tniiglble fixeil 9sxels Iiiioiigibl¢ nssels a¢qiilr¢d on biisin¢5s conibiiiHlion5 ar¢ fecognised scparfttely froin goodii'ill Ill Ili¢ N¢qiiisilioii dnle iilicre li Is probabl¢ Ilinl Ihe exiiecled fiihir¢ econoiiiic b¢ii¢tii$ fl)at Ilf¢ ftltribiiiftble io tlie il sse( w'lll tloiy to Ilic ¢iilil)' ni)d lh¥ fllir vfilii¢ of Ili¢ asKI cali bc Iiie11 siirt(I rellabl>> ilie intangiblc Rssel arises Iroin conlracliJ?t l or otlier ItgRI TiÉlils' wid Ilie inlaiigible nss¢l is s¢p•robl¢ froiii (lit eiilir),. Ai)1orlisniiQll Is re¢0￿1105¢￿ so as lo wrlic off tlie fost or vll1iifitl￿j of iissels less ilitlr resldual vnlues over Ilieir usetul Elves 011 Ilie folloiiiing l?i$cs: IVcbsii¢ ¢031s- 20% slrnlBlit Iltt¢ S14]eks Siocks nre valiie41 nl Ilie hii'er ofeosl ohd Iiel r¢fjlisabl¢ value. Net realisable valu¢ Is bils¢d on tlic esiliiiAled selllmg i)rl¢¢ •ft¢r Ipkin8 into nc¢ouiil all furflicr cosis ttiid &I¢¢5s sfo¢k's Il)At Rr¢ $14)iY ii)ovln8. Ca511 aiid casli eqiiival¢nl.8 inrlvd¢ ¢Jsh iii linnd, rtetjnslts held al fiill ivi(Ii baiik-s. oiher shoit-i¢rni liqiiid iiivesl1)ienls H,Iili orlg51)tsl n)nliirili¢s ofil)rc¢ Iiioni115 or les5. iltid bnnk oY¢rdron5. Bnihk overdrol)s or¢ slM>iYii iyilliiii borroiyings Iii Ciiireiii lillbllilics. TAXfitIoii A3 D r¢Bislti¢d cliThfli}' Ai%'eii Culiiirnl Tru51 15 enlitled lo tlie ¢x¢niplion froin l&K&ilon In r¢spccl of IFJeonic niid C*ipilTrl 8nliis reieli'¢d iviili seciloiis 1178-489 of Ilic Co￿)0101101 I'￿ A¢1 2010 fiiid s¢¢iloi) 256 of Ilie I'p.%nlioii of CIIRfRenbl¢ Cini115 Acl 1992 10 tlic ex(ei)I Ilihl Ihese nre nppllcd 10 (is ¢liarl¢ubl¢ objecls yiirpos¢s oiily. Ali), IRKRble pwofils 8¢iicfAi¢d by Ili¢ siib5idlDry' ar¢ gift¢d lo tli¢ ¢horil)'. P¢iisloii cosls fi￿41 ollitr Iiosl-reilr¢moni beiieflli 1.11¢ ¢hftriiAble Loinpiin)i opcrAIc5 R yeiisioi) s¢li¢iii¢ proi'idinB b¢iiellis based oil ilnnl pcNsioiiablc pR>, The nssels of Ilie sclieiiic are Iield sepnrolcl), iii Rii iiideiieiidf nil> ndiniiiislered fiind. The mst of providin8 bciietlt% under d¢llned bei)efil plws Is deiemili)ed sepnrol¢ly for eilcll i)Inii iisllla Ili¢ proJe¢i¢d Iiiill ¢rdll Ineiliod, niid is biised oil ts¢liillrlol ndi'ic¢. Tlie ¢lifinBe In tlie Iiei d¢flned b¢iiefir linbilli), firlsIn￿ froiii ¢niplo)'¢¢ scrvice diirliig Ili¢ yeur13 fccfJWii5cd a5 wi cii)iilo)iee ¢051. 1.11¢ ¢051 of i)lan Inlrodu¢i10115, bcnrfil cliniige5, Ieltleineiils niid ciirloilii)ciil.$ ore T¢cogi)ised HS inciirred. 'I'lie Ii¢t Ini¢r¢51 ¢leniiiil Is delemiined by illvliiplyiiig ili¢ ncl d¢fii)d b¢iiefil Ilabilli). by ilie dls¢oiiiil rAl¢, itskin8 inl0 a¢coviil ariy ¢hoiiges iii Ili¢ Iiei d¢liii¢d bcnclit liobilily diirin¥ Ili¢ period as a r¥'suIt ofcoiilribvfion lliid ben¢fil p8yiii¢nis. I'li¢ ii¢l iiit¢r¢51 15 TCfO81114ed In lilLoJ￿¢l (expeiidiliire) for Ili¢ )'¢nr. Ileiiieasiirciiiciil L5iaiiges ¢oinpri5¢ Hciiiavi81 gali)$ ond losses. Ilie ¢ftc¢l of ¢li¢ a55ei ceiliiig uiid (lie rcliirii 011 tlic Jicl d¢fiiicd kiicfli Iliibility ¢irliiilliig iiiiioiiiils incliidLd Iii Iiel iiiteiesl. '1lies¢ Ar¢ fLeo811ised iiniii¢diat¢ly iii ollier reL￿BIllS¢￿ galni thnd losses iii Ili¢ peiiod Iii ii.1il¢li Iliey UL¥ur and llv¢ Iiol reclAssilied io In¢oinel{cxpcndiiure) Iii ￿lbse￿lie1il p¢iiods. Tli¢ Iicl d¢fincd Iiciiclil Iieiision •55¢1 or I1￿bilIt). In tlie balDnc¢ sheei ¢oniprisr5 Ilie lolnl for eRcli plAii of Ili¢ i)rLsciII I'aliiL ol. Il)c d¢fJii¢d beiielli 4)bligoiliTrii11s3iiig A discoiiiII rnle based vii Iii¥li (iufilii>' corporRle IM)n¢Js). 1¢$$ Ili¢ foir vnluc of plftii nssels oiil of ii,Iil¢li tl)¢ obliBailoiis rc lo bc s¢iiled dir¢cll)'. fair iiii Iiie is bised on nillTK.el price iiifon)iation. nnd In Ilie cDsc ol'quotcd SLciiriliLS Is Iltc Iiubli51ied bid pricr. Tlie Ipaluc ol a iiel ptjisloii b¢i)efs1 ns5cI is liiiiilcd to ilic omi>unl Ihnl niRy b¢ T' iylieii ihc conlifictiml fiRlits io tli¢ fioiiT froni Il)¢ n55¢1 ¢xpire or scttltd, or ii,Ii¢n tlic clillril>' transfers the fiiiaiicinl asscl aiid siib$irtiiliall)' all Ilit Tisks reii'ards ofoiyiicrsliip 10 Niioilier eiiiliy, or if sonie sigiiificaiii risks re41nrd5 of oiviieishlp are reiftiiicd biit control of the Assci I1￿ transferred to aiioilier pnrfy tlINI 15 ablc to scll Ili¢ fjssel 111 lis ¢iiilr¢ly lo Dn Iiiir¢liiicd 110$1¢ linnnciil li8bllliies. ii)¢luding ¢r¢diiors 8iid bank lo.liis Dr¢ iiiilinlly recognised nl lriins8clioii price iiiilcss Ilic Rrr1i iigeiiie471 coiisliliiles o rlllAiiciiig Irarisi¢ ciloii, Ivliere Ilte debi iiislnim¢ni Is iiirft5111td Al Ilie pieseni vnlu¢ of Ili¢ fului¢ pN)'Jii¢iils dlscouiiled al n Iiiarkel ralc of illler¢$i. Fiiinn¢iAI liAbllili¢$ ¢1055itl¢(l As pa>able ii'iiliiii oiie y¢or ar¢ Iiot niiiortlsed. D¢bi illslruiiieiit$ nrc 5ub5cqii¢iiily rfi￿1ed Ilt nlT)Orti5rd c05t, usStt8 ihe effe¢ilv¢ Ii)ier¢si m¢¢ 11)¢iliod. TTndc Credliors nre obligplioiis lo p45, foT goods or 5¢Tvi¢es 11121 hive been n¢quir¢d ii) Ili¢ ordiiiaryi course of operhiloi)s fron) 511ppller$, Aiiioiiii15 PAyabl¢ are classified ns ¢iiNeni liobiliil¢s if PA)'iiieiil is diic i%'iihiii oiie )'ear or less. Ir Iiol, Ilicy Rfe prL'senlcd As lion.cli￿Clil Ilnbllliies. 'fihdc cr¢dilois ore reco8lliscd iiiiilally ai Irat>sftclion price and subscqiiently measiired ai 11110rt15cd wsl usi1￿ Ili¢ otYcclii'¢ 111411¢181 liabilili¢s fir¢ d¢iceostiised i¥.hen Ili¢ Cliftiily's ¢oiiirA¢lual obligolioiis Liplr¢ or tsre dlscliaigcd or n¢elled. Eiiiiilo)'oe 1Senellis 'I'lie cosl of niiy u11115¢d IkolidAJ' eiiliileiiienl is r¢cogiiised In tlic period in irflicli Ilir ¢iiiploy¢¢'3 servl¢¢s fir¢ r¢¢¢iv¢d. Tciniiiinilort bciiefil$ lir¢ r¢cogiiised iiniiirdiFslel)' ns Ali expense th.hen ili¢ cliftrily Is denioiis1r￿)l). coi)Iniliied lo teni)inAi¢ lh¢ ¢i￿p]￿yin¢fiI of an ¢iiiplo)'¢¢ OT Io PTQi'idc ierii)Inoiioii beii¢fils. SeiYl¢e Coiieesslon A8vetnioiit$ Tlie ¢linrit)' lin5 scn'ice coiilracls ii'iili Bridgeiid Coiinl), Doroiigli Coitiicil for Ili¢ Infvinleiirynce oiid opcinlion Dfiii¢ itnrloiis Ilienlr¢5, libTpfics, coii)Iiiiiiiil)I ccrtlies 8nd pnrks oii'ned b), Ilie Locel Aiiiliorit). lo 11.1iicli il IIDS Ica5¢ arid iiiniioge1￿Cjll ser%'i¢¢ ¢Olllfacts. IIIE coihlrac15 spccify, Iiiiiilii)uiii dell%'eiables for Ilie scryices io be proiidtd. i¥.5111 deduclioiis ffoll) Ihe %crvlce niTrnag¢iMcnl fee piy8ble b¢iN8 P0551bl¢ if fa¢iltiles thr¢ iiiiBI'ailabl¢ or P¢Tformgnc¢ 15 bcloiy ili¢ Iniiiimiiin 51ai7dnrds. Tlie btiildiiigs lliid eqiiipiiiei)l li Ilie Ynri￿lS locAIi(pnS IK l¢osed lo lh¢ ¢hDTil> ns part of Ihe oirrnll coiilrftcliiftl ￿1n1101)S111i)s 1%'iih the Ruiliortly bill ilic nulliorily iMRlI)(Dlns iilliii)alc coiilrol ofiiiw n55ets. Arcordiiigl)I IIIL R¢¢¢SS lo ivliicli ilie chariiy IiTrs iii il)e iise of Iliesc assels is 10 ¢118ble li to op¢rol¢ Ili¢ various i'ciiues so ihni Ili¢ clillril). can i>roi'id¢ Ili¢ yiiblic seri,Ice il is cuiiirllclcd lo providc, nol lo cffccliyely OM'II Ilicsc public se(vi¢e isy¢i$, 'fiiese 05seis nre iliereforc IIDI rew8￿[$¢d on Ili¢ ¢liaril>'% BAlallc¢ Slie¢l. Pago31 coiiliiiiied... Aiv¢ii Ciiltlll'RI Triist Nates lo th¢ Coiistslldated fiiii&iiclal SIAl¢iiicii15 - Colltliiiied for Ilie YeHI' Ended 31 March 202 ACCallNTINC POLICIF.8- conlliii)¢il rilnniiclnl Inslrumeiils Th¢ ¢liBTIIy Tec¢l¥'¢s ogi'ced pa)'Iiiei)Is froni Ilie nuihoiliy ea¢li )rJr i%,Iiicli decreas¢ on iill Rniiuol bnsis iind¢r tlie ¢iirr¢nl thi¢¢ year agreeinciil liich etids J l Mnich 2024. DONA'I'IONS AND LEfyACIES 31.3.24 31,3.23 DonRIio115 OTHER'I'RADING ACTIVITIES 31.1.2 31.3.23 CliorliAbl¢ a¢livlii¢s Conlrnel iiicoiiic Ilir¢ & Il¢iilnl incoin¢ Libr8ry iiicoiiic MniiNir¢irenl f¢¢% Meiiibersliii) Car pArk' iiicoiiie 1,336,939 866.873 140,185 13.607 3,872,036 30 70.730 82,409 178,871 678019 1,574,803 161,614 379,8B6 14,083 3,250,113 865 63,438 64,697 120,840 561,565 Ti¢k¢i sAI¢s 7.259 759 6 191904 INVES'fhiENI' INCO￿1& 31.3.24 31.3.23 81,231 12.451 Dli,Idend Iiicoiiie 13.467 P8g¢ 32 coiifiniied... Aiyéii Cultiirnl Ti'iisl Notcs (o Ili¢ Coii$olldAted filiiAiieiAI SIRlciiieiils- coiiliiiued foy Ili¢ Y¢AI" E￿￿ed 31 MArch 2024 INcor*lE FROhl CIIARITALILE ACTIIIITIES 31.3.24 31.3.23 Aclivily Cr6iils Gronls ?8141J 503 19 Graiils r¢e¢lYed. Iiicluded Iii Ilie Ibove. ftr¢ Ths folloiys: 31.3.24 31.3,23 B Tidg¢iiil Couiily Borougli Coiincil Itlsh Gov¢riin)eiii CnTdift'Cit)' Boroiigli Coiincll Herltllge l.olt¢r)'_Fuiid Pobl ICVA Ails Biisln¢sg Cyii)ru Aiird Lel$iire piid Librorles IIAVO Book'slu Civrnpn5 LilcrRlur¢ Ivnles P)'l¢ Coii)i)iuiili)' C'oun¢il Yissnii,drc Coiiiii)iinity Council Fe¢1 Good 4 Llfe Vfjll¢ys lo Coa51 BCLF 115ioiidda Cyiioii TfttYCBC NLHF Cii'ii)'I'nf Morgthniiii'g 229,266 28.600 187.061 205,898 .973 62,237 1.000 5.000 875 1,500 2,650 Jl,942 1,963 550 450 300 6,391 2,500 2,500 7,700 250 1,000 128,604 260 500 Fjook's CoiiiicS1 IIFnle$ iieii Gii'¢iil Coiiiil>' BoroiiBh Coun¢il ACIV 781413 Phgc 33 coi)lii)iied... Aiycii CiilliirAI Ti'us( Notes lo Ilie Coiisolldnted Flrtniiclol S¢aleiiieiils- coiiiliiue(I ror Ilie Ye#i' Elided 31 MMI'th 2024 RAISING FUNDS IllvEStnit￿t niAnHg¢nieril r0515 31.3.241 31,3.2J lj)ve.sli)Ici)t IKanil8CIIICEII lee 12.153 CklAniTALILE ACTIVITIES COSTS Siipporl costs (see iiole 9) Direct Cosls Tolals Clinriknbl¢ acliviilcs 5 053 867 2 072 922 7 126.789 GRANI'S PAI'AIILE 31.J,24 31,3.2J Clinrliabl¢ u¢llYllies 667 SUPPORT COSTS Goveriiaiic¢ costs Maiiagem¢iil riiiRnce Tolals CIIRTlinble Acilviilei 2051044 2 072 922 10. NF.T TNCOhlF,I(EXPbNDI?'URK} N¢1 Incoiti¢l(¢xpeiidiliir¢) 1$ siiied aner chnrglrtgl(¢rediiliig)'. 31.3.24 31,3,23 Aiidilors rLiliillli¢mliOn ¢prccic11iOiI oiyiied nss¢is Deficil 01) di5posHI ar rixcd iiS5cIS CoJiipiil¢r softiyarc niiioili5nlioii 18,.I14 279,186 46,112 10,183 240..$76 Page 34 ¢oiiliiiii¢d... Am'eii Culi￿rnI Tnisf Nt]les lo Ilio coiisolid￿le￿ finnnolal Siateiiienls- toiitiiiiieil foy Ilie Veni. Eii(led 31 Mni'eli 2024 'rRUS'fF.KSI RIEN.IUNERATION AND IIENEfiATS Tli¢re ivtrc 110 In15tce&' r¢iiiiinefalion or oilici beAefiis for Ili¢ >iear¢nded 31 Morch 2024 nor for ihc s'eRr elided 31 Marcli 2023. Ti'iistets, exijtnsts Tliere iiper¢ no irvsl¢¢¢ ¢xp¢nses paid for ili¢ yettr elid￿ 31 Marcli 2024 IIOT for Ihe J'ear ertded 31 Mar¢li 202). 12. STAtrr COSTS 31.3.24 31.3.23 IVugc5 lliid 5lllnrics Socinl seciirilj, costs Olher penslon ¢osis 3,129.933 270.489 270 588 2,643.014 235.720 600 794 3671010 3 479 528 Reiluiiilrtiiey Aiiil olher Msts Iii¢ludcd Iii waAes niid sfilftry cosis hbov¢ orc r¢duiidAIicy al￿ s¢lfl¢in¢nl cos1$ lolalling £78.40812023., fNil) l<¢y iIIAiing¢iii¢nl iierJuiiiiel Tli¢ lolal ciiiployiiiciil beiicfils of Ili¢ Ley iiifinngem¢iii p¢isoiiiicl of Ihc cliAiil)p ii'ere £546,562 {2023: £364.188) Illlii¢li coiisisled of Bfnss sAlno's Eiiiplo)'els Iirtlionnl iiisiiraiice coiilril)Iiiloiis aiid eiiiployerfs pciisioii coiilribulions. Tlie ai'erH8e monilily i)Iiiknber of en)ploJ'¢es diirliiE ihe year 0$ follolvs: 31.3.24 126 50 31.3.23 106 76 TN51 ¢i￿p10>,tes Siib$idi471y cnii)loye¢i 17(> 182 'riic Iiuiiibcr ofciiiplo)'e¢s N,hose employee bciicfits {excliidliiE einploj'er peiislon ¢osls) ¢xceeded £60,000 Ii'As'. 31.3.24 J1.3.23 £60.001- £70.000 £70,001 £80.000 £90,001 £1(10.ooo Page 35 coi)Ili)iied... Ail'eii Cull¢iriql Trusl Notc5 lo ilie Consolidaled FiiiHiiclal SIHleiiieiils- coiifiiiiieil roi. Ihe YeAI' Elided 31 M41'cli 2024 IJ. COhlPARATII'ES FOR TIIE STATEhlENT OF FINANCIAL ACTIIIITIES Unitstricled Restricted Tolnl fiinds INCOhlE ANI) ENI)OII'i%I£Nq'S fiiom DonAIIotls Aiid le8ocies 14.851 14,8SI ChNI'llnble ll¢llYliles Grai)ls 40,230 463.161) J03.399 allier trftdinB 8iilvlii¢s Invesliiicni Income 6.081.904 110.000 6.191.904 'Volnl 6 150452 573 169 0723021 ENPENDXTURF. ON 5.406 5,406 5,7RI,741 209,311 5,991,052 oilicr 1.279,267 1.279 267 Toinl 209311 7 275 725 Nel 8ai1151{Ios5¢s) oil inveslnients 29 SJ51 29 S35) NET INCo￿lE1(F.XPr,N￿ITunE) (945,4971 447.745 36J.858 (447,745) (5B1,6391 Olhei. i'¢eoRnlseil EAliisl(1055es) Aciiinriiil Bftill$ oil dcfiiicd b¢iiLfiI 5cIIcnic5 3 220 000 3 220 OOU Nel #ioveiiieiil ltt fiJn(l$ 2.722.248 (83,887) 2.638,361 RKCONCILIATION or FUNDS T¢)Inl fiinds bniiighi foriynrd 688.634 016,137 1,324.771 'ro'i AL I,'UNDS CARRIF.D foRIYAllD 3,410 882 552 250 3963 132 PftEe 36 conliiilied... Aiyen Culliivnl Trllsf Note5 to Ilie Coiisolldntod Fliinnelnl Stnleiiicn(s- cviiilFiii￿l roi. Ilit Yeni- Fi)ded 31 MHI'cli 202 14. CIIARITADLF. COhlPANI' RESULTS Tli¢ Cliaril), Ink¥ AdvaiilABQ of Seclion 408 of Ilie Coii)panies Act 2006 aiid Ih?s not iii¢luded ils oiii) inconic and &NpeiIdilii￿ iii IIic5¢ Iliinii¢lal sinl¢iiieiils. Tlic r¢siilis of Aii'cii Culiurol Tn•￿ nr¢: 31.03,2024 31.03.2024 I'olnl in¢oii)ill8 resoiirce5 Toliil resoiirces ¢xi)¢nded 7.009,856 {7,138,942) 5,468.484 (6,023,099) 29.5.35) Nel (129,086) {584,150) (8,000) 3,220,000 Fiiiids., Al l Aprll 2023 3 995918 1360 068 Al 31 Mfir¢li 2024 J 858 832 3995 918 15, INfANGIBLE FIYED ASSET8 Coi)Ipiii¢r softivnrc cosi. Ai l April 2023 niMI 31 Mll￿11 2024 A ThIORTISATION Ai l Ai)r512023 Chftrge for )'ei1r 10,095 Ai 31 Martli 2024 NCT BOOK IIALUZ AI 31 MDT¢h 2024 AI J I MRTLII 2023 'I'lie iiilongiblc Dssels relnlin% 10 tlie cliftrii). i¥¢r¢: Coiiipiier SoniYnr¢ COST Ai l Aprll 2023 ftthd 013113124 Ai l Aprll 2021 ClidTge for Ilie year EliiiiiiiBtcd on disw)snl 4,245 1,415 Ai 31 fvlorcli 2024 Pnge 37 coi)liiiued... Aiveii CiiliiiYRI 'fru51 Noles lo Ili¢ CoiisolldAled Fliiaiiclal Slnlenienls- coiilliiued roi. Ilie YeAI' 31 MAI'cli 2024 INTAPIGIBLE IIIXF,D ASSETS- Co￿151111¢￿ NETItOOlC VALUE Al 31 ,Mar¢h 2024 AI 31 MArch 2023 16. TANfJlDLE FIXED ASSETS Improvenieiils lo property FIKliir¢s aiid riii11)gs Freeliold prope COS1. Ai l Aprll 2023 Addilioiis DIsp05llls 1.519.236 183.918 100 2881 104.182 1,057,624 261,175 45.185) Al 31 fvlarch 2024 104 182 273 614 DEPnECIATION AI I ApTII 2023 ClIHr8L for year Eliithiiiptcd 01) disposal 39J.850 IOD,484 61961) 17,271 J81,089 158,9B.I 39 749) Al 31 MnT¥lI 2024 432 373 500 325 NL'I, iIUL)I< VALUE Al 31 Mfti¢l12024 1.170.493 75.793 ?73 2S9 Ai 31 Morcli 2023 1123 386 076.535 Motor Yel)icles Coiiipiiiei. eqiiipiiienl TolHIs .COST Ai l Ai)iil 2023 Addi15()n. 79,014 3.427 5,58.3 2,765,639 448,320 145 473) i5P051?1s Ai J l Mar¢li 2024 82,4141 3 068 68G DEPRECIATION AI I ApTiI 202.1 Charge for I'ettr Cliininaicd oil Ilis¥K)SiI I 51.964 7,929 4,713 870 848,887 279,386 101710) Al 31 M•r¢li 2024 1026 56J NF.T BOOII VALUE Al 31 Nlarch 2024 2 042 123 Al I l N4ar¢h 2023 ¥70 916 752 Page 38 coi)lilliied... Aiyeii Cullurnl I'rusl Notes to Ilie Con501idAlcd Finiiiicial Stfileiiients- coiitliiue(I foi. tht Y¢ni' Eii(Jed 31 Mni'cli 2024 16, 'I'ANGIBLE FIXED ASSETS - contliiutil 'I'lic I￿*&1b1¢ assels relAIiiiB 10 ilie charil)Tr ii'ere: I'-i%liif¢S & Freeliold properfy Molor Veliicle$ COST AI l AIIEII 2023 Addliloiis Dlsposnls 1.519.236 987.343 261,175 45 185) 79,014 3.427 At 31 IM8tth 2024 1519236 1203 J33 DEPRCCIATIQN Ai l April 2023 Cliarg¢ for tli¢ )'eRr EliiiilnAl¢d 011 disrM)sal 393,850 100,484 61961) 349.620 145.908 39 749) 51.964 7.929 Al J l Mftr¢h 2024 432 373 453 779 NEI. UOOIC VALUI Ai 31 h,Inrcli 2024 1170493 747 554 Al 31 Mor¢li 202J 1 125386 6J7723 27,050 17. FIIKDASSF,T INVES'I'hlENTS Ai Ilic be8lnnin8 of Ilic yeit r Ilie Inftikei voliie of ilie iiiiicsiineiils Iidd iytts £766,363. Al Ihe eiid of ili¢ ycor, thKiii8 iiito consideialioii ili¢ Iiiovcniciils 011 (lie porlfolio, Ihe closing bolai1¢¢ 11•s £824,516. 18. ST()CI, Bfoiip Urt(lertlkli￿% oilicr dcbior5 Piepayiiicii15 1,599.280 201.061 7.185 217 140 1.371.601 12,954 221 J31713 2 024 666 1099710 20. CIJIIRF.NT ASSET INIIESThlF.NTS 31.3.2 31.3.23 L15tcd iiii'c51in¢iilS 650 040 1099 710 Tli¢ cliorlinble coixpony liolds £650,040 ofciirreiit nssci Iiii'e51iMeni$ nt Ihe )iear end. 21. CREDI'foiis; AhlOUN'I'S fALLING DUE IvI'fHIN ONE YEAR J l.J.24 .11.3.2J Trnde ¢redilor,q Aiiioiiiils oivcd io groiip 1indcrtilklng8 Ttsx ,%D¢l￿1 se¢urily niid oilier loi¢s VA'r Ollier cr¢dilors Accruols aiid dclcrrcd iiicoine 306,560 3J7,57¥ 28.173 78.322 80,886 11,567 29.051 1603 466 207,81 J 1510 1%2 2.031511 2.162.068 Page 40 coiIIIIiLied... Aiveii CiilliiYAI Ti'iisl Notes lo Ilie Coiisolldaled Flnllii¢iRI Slpl¢iiieiils- coiitliiued roi. Ihe Yeni. Eiidtd 31 Mfti'eli 2024 21, CREDI'foRS: ANIOUNTS FALLING DUE IVITHJN ONE YEAR- rolli1￿lIe41 Charit%iblc Coiiipwiy 31.03.2024 J1.03,2023 .1 radc ¢redilor$ Social s¢¢iiriiy uiid oilicr lthxes oih¢r ¢r¢Jlio Accriials fiiid d¢ferr¢d iii¢oii)¢ 300,556 80,886 17.577 14JS.473 J16,326 78,322 26,767 510 182 1834 492 1931597 Dcfcrrcd iiicoi)i¢ 31.03.2024 31.03.2023 IJAlniic¢ os al I sl Aprll Iiicoiiic rcccii'ed in tlie yenr Rtlefysed lo Siitonit 1.233.390 993.226 1233 390) 1,144.311 5,103,709 5014630) Bol•nce ds 01 J Isl Mnrcli 99J 226 1233 390 Tlie above balaii¢e for deferred incoiiic15 htld ii?Ililii a¢criiAl$ and d¢ferTtd In¢orne. 22. CREDITOR.8., AiIIOUh'TS FALLlh'G fJuE AFTER iIIORE THAN ONE YEAR 31.3.24 31.3.23 Oih¢r ¢redliors Oiher cr¢dlioTS 40,268 119,291 Tli¢ clioTitabl¢ ¢Olhpany hThs £40,268 of lon8 ienii crediiors. 23. LEASING AGREE￿IENTs Mliilii)1111) leos¢ ￿)y￿7¢1}IS utJdEr iioii.enncellable ope(Aiil)8 leDses foll due lls folloiis r¢loid lo Ili¢ £li#rilnblc coi)Ipaiiy: 31.3.24 31,3,23 Viiliii? oiie s'eftr Deiiieer) oiie nnd fiyg y¢aTS 802 4.622 102 802 Pege41 cojiliiiiied... Alve￿ Culliiyil Ti'iisl Noles 10 Ili¢ CoJisolidal¢d Stgteiiieiils- coiillniieil for the Yenr Endid 31 Mairli 2024 24. hlOVEhlENT IN fuNDS Nel niove171eiil Ai Jl,3,24 Ai 1,4.23 Ci¢ncral ￿lld 3.410.882 (258.060) 3,152,822 Restrltled fun(Is Brl 257,290 1,500 200.IJ)O 636 137 363.858 447 7451 552 250 TOTAL FUNDS 1324 771 2.638 361 3 963 132 Conipiliai5I'e nel iiioi'¢ii?eiil iii fitnd4 iiiclimlcd in ili¢ ol)ov¢ Jr¢ ￿ follo1￿. Iii¢oinlng resourccs Resoiirte$ exyei)ded GAin$ aiid 1055es MoveiT)¢lIt G¢n¢ro1 fiiiid 6,150.452 (7,066,414) J.190,465 2.274.503 Bridgend Coiitil>' IIoroii81i Lkniiiicll 297.061 205.898 1,973 62.237 I,OOL) (139.1011 157.960 205,898 Cardill Lili, Bourougli Coiincll FlerilHgc Lo11cry fuiid Pobl IVCVA {1,973) (62,237) (1,000) 573 169 209311) 363 858 TOTAL fi UNDS 6.723 621 7 275 7251 3 190 465 26383fj1 Pa8e 43 coi)IiiiLl¢d.,. Awcii CiilliirAI Ti'usl Noles to Ilie Consollilllted Fliiic JICIAI St4ilenienls- coiiiliiiied for flie Ycnr Elided 31 Mnrtli 2024 24. IOIIKhl£NT IN FUNDS - eonlliiiie(I hloveiii¢iils Iii fiiiids (Clihyllthble Comi>Ally) Ncl nioiwemeiil In fuiid5 Triiiisfer beli%'¢en reserves At 1.4.23 Ai 31.3.24 Uni'eslrlcled fiiiiil$ G¢i)¢rnl fitiid 3.443.668 { I OB,486) 3,335.182 ilrldgeiid Coiinl), Boroiigh Councll OnkdTrle Cliftril J fTiisI Giirfield IYe51on Mc051¢8 Toiyii Coiiii¢il V¢lsli g1oveTllll)eiil 53.460 1,500 200,IKIO 40.000 257.290 (28,600) 24,860 I,soo 200,000 40,000 257.290 SS2 2S0 523 650 TOTAL FUNDS 3 858 832 Ncl Iiioi'eiii¢iit Iii fuiids. iiicliid¢d in IIIL Above nfe as folloii's.. Inconiliig resoiir¢cs Il¢50uries cxp¢iid¢d Gftliis nnd losses hloi'eiiiciil General fiind Rosli'icltd fui111$ rid¥¢ll(I foiinly Boyoiigh Couii¢ll 6.868.856 (6.969,342) 18.000} 1108,4861 169 600) 28 0001 Drlilgtii(I Couisly llo1￿11815 Coiincll- fiiiidinB IOII'i¢ rds 50CirtI Pfcs¢ribinB 811d ronimiiiiily proJe¢i* ORkilThlr Clinrily'fi'iijl ruiidin8 T¢¢¢iYd i()ii'vrd5 pioj¢ciI nl 11.l.e4r. Gni'fiold Ille51011. Thiiidiiig rec¢ii'¢d ioiYfird5 Ilic rcfiirbi51iniclll Orm￿￿51¢￿ l oii'n Iloll niid iiillurnl r¢wY¢ry, Ine$l¢g'l'oivii Coirnfll . l.ui1i1tn￿ for Mlle*l¢g loiyn Iillll r¢fiirbishinei)l. Ivolsli Goi'erniiioiii r.liiiiliiig for COVID-19 r¢coi'iry. CnK(Ilff Coiiiiell- fliJi¢llng for sill￿111¢r fuii Hei'llnge Loiiei-y ￿11?(1 Mn¢51¢g 10I4'D Ilnll ied¢v¢lvpinti)I Poljl coiilribulioi) foi Iraince iiiiiforins IVCVA i)ftlur¢ scopiiig ¢xerL'ise Iield &i Ihe park P4ge 44 conlii)Iied... Awcii Ciilillynl Ti'115t Noles lo Ilie Cniisolldhteil Fliin?IciRI StAtenieiils- coiitliiiie(I loi. tlie Yta Y Eiiijed 31 M4reli 2024 25. EfvII'LOI'EE UENLFI'I, OIILIGATIONS Ptnslolls Th¢ ¢on)i)¢1ny opeml¢s a pensloi) s¢h¢ine proi'iding benefils based oi) fiiiTtrI p¢1151oJiablc pny. lTh¢ th5￿lS of ili¢ $chein¢ orc Iield s¢pftrolel)' rroii) Iliose ofilic eliarli>'. Th¢ ¢onlribiiiiolls arc dciern)ined b). d qlliilified 11 Ctiiory. oil tlie basis of irciiiiiinl vAIuniioris usi1)% Ilie PToje¢l¢d iiiiil Ineiliod. TI1¢ IT105t recenl valunlioii il'as Al J Isl March 2022 11,Iiich 116s bceii updAlcd lo reflc¢l ¢oJidiiion5 Rl Ilje bAlaAc¢ sheet dtti¢. Tlie assuiiiptloiis tlIAI Iiil¥'C ilie Ihosl sigiiificnnl cftecl oil th¢ r¢5ulis of Ili¢ Yolu8tions Ihos¢ f¢latiiiB lo ihe rnle of r¢lurii oil ilii'¢$liii¢iil Ilie Alle ofiiicr¢as¢ 111 sfilaric5 find peiisioiis. 31 hJAr¢li 2024 /oPA 31 Nlfir¢li 2023 /•PA 4.60 31 Nlai'¢li 2022 Discoiiiil rfilc CPI Iiinailon Pciisioii incr¢a5CS P¢115ioiI i¢¢ouiilS revoluo1iDn rni¢ .SAIAry Iiicien5e5 2.70 2.90 2.60 2.60 3.85 2.90 4.15 3.85 lorlnllty Trss(Inii)livii Th¢ IiiorlHIIIy ft5suinplion5 are baseil on Ihe r¢cenl acliiRI Inoitnlily expcriciicc of mcmbcr5 M'iililii il)c thiid based oil Bnal)psis carried 0111 gs pail of tli¢ 2019 A¢iuArlftl Vnliilllioii, ftiid alloii, for expe¢ied thiure Iiioiiftlil), i11)p￿Ve11lt1Ils. Sniiipl¢ lif¢ eipeclniicics hl REC 65 r¢siilii118 rroni Ili¢s¢ nionnllt), assiiniyfloiis Are slioil'ii beloii.: IAles leinber o8ed 65 Rl ftccoiiiitiiiB dAIc hleiiibcr figcil 45 Al nccoiinliii8 dRIc ri¢iiinly Mciiibcr nB¢d 65 hi ac¢oiii)Ili)B OF'I'HL CHARI'fABLK COiIIPANI' 'I'11¢ 11111 rilyls 11 Iirlviile conipan). liii?ii¢d by 81111m￿tea incorpoTatcd Til Englniid 1¢ Ivales, and coiiseqiiciiily does 1101 Iittve ni)), share Laplial. iiliiii)oi¢ coiiirolllii¥ party is lh¢ Bonr¢J ori.ru￿¢es iiiThnagi¢iii¢iil 1¢fti# nr¢ r¢5poiisibl¥ for ili¢ r¢porting Diid OP¢fallgllAI d¢¢i5ioiis ol. Page 46 Aiyen Ciiliiiiml Ti'iisf D¢lnlled CoT15011daled Sinleiiieiit of ffljixiielif l Acllvllles roi. Ihe Ye4?r Elide￿ 31 Mlli'cli 2024 31.3.24 31.3.2J INCOhlF, AND F.NDOlllhlEN'rs DoiiAt10115 niiil l¢gn¢les Doiiailons 9,314 14.851 CliorilThble acilviiles Coiilill¢i iiicoiiic Hlre & Reiiial iiicoinc Llbrnr), ii)¢oiiic lfinagemenl fecs i ¢inbersliip CAr pnrk iiicoin¢ Siindry ill￿1)78 Sale of goods Tick'cl sAles 1,356,1)39 866,873 140,185 13.607 3,872,036 30 70,730 82,1109 178.871 678 019 1.574.803 161,614 379,886 14,083 J,230,113 865 63.438 64.697 120,840 561565 7,259,759 6,191,904 Ba17k Ii)l¢resl Dividcnd Iiicoii)e 81,231 12.451 93,930 13.467 Clini'ilnble hcili,Iiies Cirniils 781.413 503 J99 Tolnl Iii¢oiiiln¥ re$ource3 .144.416 6.723.621 EXPL'NI)I'I'UEIE 12,153 5,406 Clinrliftble Aelii,Illt$ Ivthgcs Sociftl se¢MiiI)' P¢iisioiis R81¢$ ond ii'aler 2.261,9J3 194,752 192,583 48,767 1,909,897 170.337 434,565 21,882 1,440 1 %9.660 42,225 8,293 61,669 2.839,9fj8 409,948 32,272 8,076 52,468 3,202,312 Posliigc niid 5tailonery Adi'¢iiisiiig C.'llrriLd foriynrd Tliis page do¢5 llot form pRrl of IIK sl4lulory fiiiaiicial sl•l¢iii¢FIl$ Pa8¢ 47 Aiven Ciiltuiyl T¥usl Delailed Co￿$01111￿1ed Stnl¢iiieiil of Financi41 Acilyilies foy Ilie Yei?i" Eii(le(131 Mnj'ch 2024 31.3.24 31.3.23 Clint.IIAble ncllvllles BroiiAht fonvard Suiidfies 8iiiidr)' tools niid eqlllpnicnl Ticket tosls I'rllvel R¢pTrirty r¢neii'nls & ii))inl¢nan¢c Pensioii firiaiiL¢ costs Molor cost5 Llbmry IH)oks & perlodl¢ols Irr¢¢oi'¢iabl¢ VAI. 3,202.312 8,789 16,996 27,797 14,397 226,834 2,839,968 4,932 22,397 21,100 266,064 73.000 15,871 202,611 3,239 ,533 249.481 6,743 E il Goods for reS111e vciils & nr1% hctivilics Cleill)In Bnnk ¢linr8¢5 Bad dcbt Arti31's & ilicolr¢ cosls Pnil¢ssloiiftl fees 5,594 90,728 107,3J8 15,194 1,803 622,251 95,3911 1,294 57,535 245,7J8 46,112 30,487 149,478 108,092 13,550 2,780 356,698 4,1.697 1,967 8.565 213,728 Siibs¢iiplioiis & lic¢iises Depreclnlioii of laiigible Iixed nssels Loss 011 sale of Innglble flked o5se¢5 Grniilg 10 lrtdividiinls 667 5,053.867 4 1100.210 Am'en .1 Tadiiig Lid ,2a4,134 1,279,267 Nlniingtiiienl IVngL$ t>ocial seciiril). PeiisioDs 808.000 7.1.737 78.005 48.931 31),4144 2,837 41,223 105,636 41,841 30,981 1,478 5,058 699,582 9,998 733,117 ()5,383 16Q229 42,393 51,730 2,929 48,786 50,456 .55,789 .1,601 1,713 7,263 332,962 8,992 T¥l¥pIIoii¢ Posta¥e nn(I slnlloneo, Adv¢ril8ing Irre¢ovembl¢ vnl Sul)s¢'riiTrlluiis & IILense5 Siiiidry tools LqlliPIII¢III TTnVtI Piofrssioiinl f¢¢s Repairs uiid Iiiigii'ftls 2.051,044 .577.112 Tliis pn8¢ d0¢5 1101 foriii of lh¢ stn¢iilory fi11giici?I statements Page 48 Aiveii Culliii 411 Ti'usl D¢lRll¢d CoiisollilAltd Slnleinciil of Fi1111 Iicl81 Aelivllle5 foi. Ilie YeAI' Elided 31 Mi?rcli 2024 31.3.24 J1.3.23 MNiingeiii*iif Fli1￿11¢¢ B11 nk clintE¢s 3.564 3.547 GoYeriiniic¢ fOStS 'loiol resources expended 8 423.076 7 275 725 Net eAiieiidliiii-é before gnliis finil lolsts (278.660> (552,1011> Renllseil I'¢£ogiils¢