**Charity registration number 1176578** ## **DISABILITY ARTS CYMRU** # **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **DISABILITY ARTS CYMRU** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 4| |Independent examiner's report|5| |Statement of financial activities|6| |Balance sheet|7| |Statement of cash flows|8| |Notes to the financial statements|9 - 19| ## **DISABILITY ARTS CYMRU** ## **TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). ## **Objectives and activities** ## **Charitable Objects** To advance education in the arts amongst disabled people in Wales by increasing participation in disability arts and other arts activities on equal terms with other members of the community; and to promote and advance education in disability arts for the benefit of the public amongst individuals and organisations in Wales. ## **Vision** Our vision is for a Wales where disabled people are empowered through creativity, visibility and leadership in the arts. We work to support and commission disabled artists, deliver inclusive arts programmes across disciplines, challenge barriers and stereotypes in the cultural sector and advocate for policy change and access in arts practice. To meet our Charitable Objects, Disability Arts Cymru set the following objectives: - To develop opportunities for deaf and disabled artists in Wales - To research, monitor and evaluate opportunities and services for disabled people - To organise and develop training courses and opportunities - To act as a consultative organisation to others ## **Significant Activities for Public Benefit** In planning activities for the year, DAC followed the Charity Commission's guidance on public benefit at all meetings. ## **Achievements and performance** During the financial year 2024/25, Disability Arts Cymru delivered a comprehensive programme of activities supporting disabled artists across Wales, underpinned by a commitment to inclusion, accessibility and artistic development. Membership increased to 525 individual disabled artists, with DAC Arts Officers providing 217 individual support sessions to artist members. ## **Commissioned Works and Artistic Development** DAC produced eight core disability arts commissions, selected from 77 applications received through an open call out. The Modulate Project which was funded by Creative Wales, commissioned six sound and music works by disabled artists. ## **Core and Lead Projects** The ‘Cwrdd’ programme provided an ongoing accessible platform for Wales-based disabled artists to network, showcase work, and develop skills, with full British Sign Language (BSL) and captioning support. Lead projects included the completion of ‘Creativity is Mistakes’, which resulted in a visual arts resource toolkit and access resources and progression of the National Disability Arts Exhibition 2025/26 project, scheduled to tour galleries across Wales. Other initiatives included the development of the DAC Literature Prize, and the ‘Anti-Networking’ neurodivergent networking project. ## **Partnership Projects** DAC continued to engage in collaborative projects with multiple partner organisations to further its charitable objectives, including: - 1 - ## **DISABILITY ARTS CYMRU** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ Hijinx, Learning Disability Wales, Literature Wales, Worshipful Livery Company of Wales, Boom Cymru, Llyfrgell Genedlaethol (National Library of Wales), TAPE, Swansea University, Cardiff University, Aubergine, Celf o Gwmpas, Ty Cerdd, National Contemporary Art Gallery of Wales, Diverse Cymru, National Trust Cymru. This partnership work supported a wide range of activities from access and inclusion development, arts residencies, digital courses, awards for young disabled artists, to research projects, advocacy and opportunities for disabled artists to create work. ## **Events and Artist Showcases** Throughout the year, DAC hosted numerous events including artist showcases, hybrid performances and workshops. Highlights included the Modulate Commission Sharing Event, monthly ‘Cwrdd’ sessions, International Day of Disabled People celebrations, and International Women’s Day events focusing on intersectional diversity. ## **Training and Capacity Building** DAC delivered seven Disability Access and Inclusion training sessions, with plans to expand these offerings in the coming year. A new membership pack was produced and distributed, and personalised advice surgeries provided tailored support related to benefits, funding, and artistic development. ## **Digital Development and Communications** The launch of a new DAC website in summer 2024 enhanced the organisation’s digital presence with improved Welsh language architecture and member directories. DAC maintained regular communication with members via weekly newsletters and social media platforms. ## **Funding and Accreditation** DAC secured core funding from the Lloyds Bank Foundation and project funding from Arts Council Wales, and Ty Cerdd, resulting in the continuation and expansion of key projects and events. The organisation achieved Level 2 Disability Confident Employer status, progressed in Diverse Cymru cultural competency accreditation, and continued achieved Cynnig Cymraeg accreditation in recognition of Welsh language provision. ## **Equality, Diversity, and Inclusion** Equality and diversity remain central to DAC’s governance and operations. The appointment of a dedicated Equality and Diversity Officer and the inclusion of these matters as a permanent agenda item for trustee meetings reflect DAC’s ongoing commitment. Improvements were made to data collection processes to better inform inclusive service delivery. ## **Staff Team** During this year, long-standing team member Susan Pound stepped down as Finance and Administration Manager and was replaced by Nia Cole. Two DAC Arts Officers increased their weekly hours from 17.5 to 21 hours per week. DAC employed a freelance worker to lead the Amdani project. ## **Financial review** ## **Financial position** Incoming resources for the year totalled £274,018 (2024: £244,368). This included Arts Council of Wales funding of £195,000. Resources expended totalled £309,762 (2024: £364,313). The Statement of Financial Activities is showing a deficit of £35,744 (2024: £119,945 deficit) of which £49,303 (2024: £130,848 overspend) related to an overspend on restricted funds and a surplus of £13,559 (2024: £10,903 surplus) on unrestricted funds. The surplus on restricted funds will be used in 2025/26. ## **Reserves policy** The Trustees of Disability Arts Cymru (DAC) aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. - 2 - ## **DISABILITY ARTS CYMRU** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ The Trustees consider that this level will provide enough funds to respond to DAC’s core costs and ensure that support and governance costs are covered. The Trustees consider that a level of three months is enough given the flexibility afforded by the total return approach monitored each quarter of the fiscal year. The Balance held as at 31 March 2025 was £94,243 (2024: £129,987) of which £521 (2024: £49,824) relates to Restricted funds. The balance of unrestricted reserves of £93,722 (2024: £80,163) is split between designated reserves of £5,000 (2024: £nil) and free reserves of £88,722 (2024: £80,163). The charity’s policy is to hold the equivalent of 3 months unrestricted costs as free reserves. This has been calculated to be £54,275 and is budgeted to be a similar level going forward. The level of free reserves held equates to nearly 5 months of unrestricted costs which is above the charity’s policy. This Reserves Policy will be reviewed on an annual basis by the board of Trustees. ## **Plans for future periods** The organisation moves forward on a three multi-year funding agreement from Arts Council of Wales to support delivery opportunities to disabled and Deaf artists in Wales. This work will focus on a core delivery of opportunities for disabled and Deaf artists in the form of arts commissions, networking and training events, and opportunities to publish and discuss work online, in person and in print. ## **Structure, governance and management** Disability Arts Cymru is a Charitable Incorporated Organisation, governed by a constitution, adopted on 09/01/2018. Trustees are recruited from the membership via nominations and are voted on to the board at the annual general meeting (AGM). As a disabled led organisation, at least 50% of trustees must self identify as disabled. New trustees are supported by the Chair and Vice Chair along with senior staff. Day-to-day operations are delegated to the Executive Director, supported by a small staff team and freelancers. Strategic direction is set by the Board of Trustees which meets quarterly. DAC works collaboratively with government, cultural institutions, community groups and disabled artists across Wales. ## **Induction and training of new trustees** Trustees’ skills audits highlight any relevant training needs, and a training budget is set annually to ensure that Trustees benefit from training opportunities. In October’s AGM, two new Trustees were recruited and one Trustee stepped down. All planned meetings were held as full trustee meetings and sub-groups, continuing to use livestreaming platforms. The organisation is currently without a Treasurer; however, a previous Treasurer remains involved and supports the Finance and Administration with advice when needed. ## **Key Management Remuneration** The Trustees and senior management team comprise the key management personnel responsible for directing, controlling, running, and operating the charity on a day-to-day basis. The Trustees consider the senior management of the charity to be the Executive Director, the Digital Communications Manager and the Finance and Administration Manager. All Trustees gave their time freely and no Trustees received remuneration during the year. Details of Trustees’ expenses, key management personnel, related party transactions, and balances are disclosed in the notes to the accounts. Senior management and staff pay is aligned with local authority scales. Inflationary increases are backdated to April at the discretion of the Trustees, when funds are available. Annual increments may be awarded from 1 April but are not automatic and are granted at the discretion of the Board of Trustees. ## **Related Parties** A conflict of interest register is maintained, and Trustees and staff complete annual conflicts of interest declarations. ## **Risk Management** The Trustees have a duty to identify and review the risks facing the charity and ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The main risks acknowledged by the Trustees, similar to many charities in the sector, are loss of funding, reliance on one major funder, damage to reputation. A risk register is reviewed quarterly by the Trustees. - 3 - ## **DISABILITY ARTS CYMRU** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **Reference and administrative details** **Registered Charity number** 1176578 **Principal address** Yr Atom Carmarthen Carmarthenshire SA31 1BH **Trustees** N Hirst Chair K J R Luxton D Hall C Phillips D Turner F Allibhai A L Jones J J Bartholomew-Biggs M McKay D G Williams **Key Management Personnel** O Gwilym Executive Director S Pound Finance and Admin Manager C Knighton Digital Communications Manager N Cole Finance and Admin Manager **Independent Examiner** Azets Audit Services Cardiff Gate Business Park Ty Derw Lime Tree Court Cardiff CF23 8AB The trustees' report was approved by the Board of Trustees. .............................. ## **Natasha Hirst - Chair** 13 October 2025 Date: ............................................. - 4 - DISABILITY ARTS CYMRU INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DISABILITY ARTS CYMRU I report to the Iruslees on my examination of the finanaal statements of Disability Arts Cymru (bae charity) for the year ended 31 March 2025. Responsibilities and basis of report As the Iruslees of the charity you are responsible for the preparation of the financial slalements in accordance with the requirements of the CharitiesAct 2011 Ilhe 2011 Acti. I report in respect of my examination of the Charity's financial statements carried out under sedion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 14515llbl of the 2011 Ad. Independent examlnerfs statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a Memb￿ of The Institute of Chartered Accountants in England and Vvales, which is one ol the listed bodies. Your attention is drawn to the fa¢1 that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 in preferen￿ lo the Accounting and Reporting by Charities.. Slalement of Recommended Practice issued on 1 April 2005 which is referred to in the exlanl regulations but has now been withdrawn. l understsnd that this has been done in order for financial ststements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me Cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., or the financial slalemenls do not accord wth those records., or the financial slalèmènts do not comply with the applicable requ1￿mentS conceming the form and content of accounts sel out In the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considèred as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the financial slalements lo be reached. Andrew Howells Azels Audit Services Ty Derw, Lime Tree Court Cardiff Gate Business Park Cardiff CF23 8AB 28 October 2025 Dated.. ## **DISABILITY ARTS CYMRU** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and
legacies
**3**
402
-
Charitable activities
**4**
209,586
60,485
Investments
**5**
3,545
-
**Total income**
213,533
60,485
**Expenditure on:**
Charitable activities
**6**
199,974
109,788
Gross transfers
between funds
-
-
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
13,559
(49,303)
Fund balances at 1 April
2024
80,163
49,824
**Fund balances at 31**
**March 2025**
93,722
521|**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
402
1,536
-
1,536
270,071
179,352
59,842
239,194
3,545
3,638
-
3,638
274,018
184,526
59,842
244,368
309,762
176,076
188,237
364,313
-
2,453
(2,453)
-
(35,744)
10,903
(130,848)
(119,945)
129,987
69,260
180,672
249,932
94,243
80,163
49,824
129,987| |---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 6 - ## **DISABILITY ARTS CYMRU** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2025**_ |**Notes**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**12**
Net current assets
**Income funds**
Restricted funds
**14**
Unrestricted funds
Designated funds
**15**
General unrestricted funds|**2025**
**£**
4,781
139,841
144,622
(50,379)
5,000
88,722|**£**
94,243
521
93,722
94,243|**2024**
**£**
1,400
136,990
138,390
(8,403)
-
80,163|**£**
129,987| |---|---|---|---|---| |||||49,824
80,163| |||||129,987| 01 October 2025 The financial statements were approved by the Trustees on ......................... .............................. ## **Natasha Hirst - Chair** - 7 - ## **DISABILITY ARTS CYMRU** ## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Notes**
**Cash flows from operating activities**
Cash absorbed by operations
**19**
**Investing activities**
Investment income received
**Net cash generated from investing**
**activities**
**Net cash used in financing activities**
**Net increase/(decrease) in cash and cash**
**equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2025**
**£**
3,545|**£**
(694)
3,545
-
2,851
136,990
139,841|**2024**
**£**
**£**
(103,340)
3,638
3,638
-
(99,702)
236,692
136,990| |---|---|---|---| - 8 - **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **Charity information** Disability Arts Cymru is a registered charity, registered in England and Wales under charity number 1176578.The governing document of Disability Arts Cymru is its Constitution and it is a Charitable incorporated Organisation (CIO). The principal address is Sbectrwm, Bwlch Road, Fairwater, Cardiff, CF5 3EF. The nature of the charity's operations and principal activities is disclosed within the Report of the Trustees. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 9 - ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 33% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.8 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. - 10 - ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.9 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.10 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Donations and legacies** ||**Unrestricted **|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Donations and gifts|402|1,536| - 11 - ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **4 Charitable activities** |Training and Consultation
Membership
Other Charitable income
Grants
**Analysis by fund**
Unrestricted funds
Restricted funds
Arts Council of Wales - core funding
Conwy CC Amdani project staffing
Conwy CC Amdani project access
Amdani other project funds
National Trust EOI
ACW COL Award 23/24
Shared Prosperity Fund
Ty Cerdd|**2025**
**£**
11,738
2,848
-
255,485
270,071
209,586
60,485
270,071
195,000
23,349
22,559
384
-
11,432
1,261
1,500
255,485|**2024**
**£**
6,244
2,252
1,110
229,588| |---|---|---| |||239,194| |||179,352
59,842| |||239,194| |||167,879
36,412
21,746
684
1,000
1,867
-
-| |||229,588| ## **5 Investments** ||**Unrestricted **|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Interest receivable|3,545|3,638| - 12 - ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **6 Charitable activities** |Staff costs
Rent, rates and other associated office costs
Insurance
Telephone, postage, printing and other related office costs
Advertising and marketing
Sundry
Legal and Professional Fees
Recruitment Costs
Direct Support Costs relating to members
Other Staff Costs
Staff, Travel and Subsistence
Specific Project Costs
Freelance Communication Support
Training
Share of support costs (see note 7)
Share of governance costs (see note 7)
**Analysis by fund**
Unrestricted funds
Restricted funds|**2025**
**£**
157,901
8,119
2,050
1,984
874
4,144
-
926
16,111
416
3,388
107,695
-
449
304,057
3,305
2,400
309,762
199,974
109,788
309,762|**2024**
**£**
147,581
7,782
1,214
2,538
1,220
6,026
1,648
885
4,097
1,924
2,624
175,508
888
2,389| |---|---|---| |||356,324
5,889
2,100| |||364,313| |||176,076
188,237| |||364,313| - 13 - ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Support costs** |Meeting costs
Independent examination
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
3,305
-
-
2,400
3,305
2,400
3,305
2,400|**2025**
**£**
3,305
2,400
5,705
5,705|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
5,889
-
-
2,100
5,889
2,100
5,889
2,100|**2024**
**£**
5,889
2,100| |---|---|---|---|---| |||||7,989| |||||7,989| Governance costs includes payments to the independent examiners of £2,400 (2024: £2,100). ## **8 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **9 Employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
6
**2025**
**£**
148,429
7,513
1,959
157,901|**2024**
**Number**
6| |---|---|---| |||**2024**
**£**
139,254
6,534
1,793| |||147,581| ## **Key management personnel** The total amount of employee benefits (including gross salary, employers national insurance contributions and employers pension contributions) received by the charity's key management personnel for their services to the charity during the year was £92,407 (2024: £103,891). There were no employees whose annual remuneration was more than £60,000. ## **10 Taxation** The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. - 14 - ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **11 Debtors** |**Debtors**||| |---|---|---| |**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income|**2025**
**£**
1,994
2,787
4,781|**2024**
**£**
-
1,400| |||1,400| ## **12 Creditors: amounts falling due within one year** |Other taxation and social security
Trade creditors
Accruals and deferred income|**2025**
**£**
2,879
3,398
44,102
50,379|**2024**
**£**
-
6,303
2,100| |---|---|---| |||8,403| Included within the balance for accruals and deferred income is £38,097 of deferred income which relates to 2025-26 projects. ## **13 Retirement benefit schemes** ## **Defined contribution schemes** The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The charge to profit or loss in respect of defined contribution schemes was £1,959 (2024 - £1,793). - 15 - ## |**Restricted funds**|The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:|**Movement in funds**
**Movement in funds**|**Balance at**
**Incoming**
**Resources**
**Transfers**
**Balance at**
**Incoming**
**Resources**
**Balance at**|**1 April 2023**
**resources**
**expended**
**1 April 2024**
**resources**
**expended**
**31 March 2025**|**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**|Voluntary Arts Network - MaDCaff
65
-
(65)
-
-
-
-
-|Theatre Project
1,000
-
-
-
1,000
-
(550)
450|Connect and Flourish
100,543
-
(69,072)
-
31,471
11,432
(42,903)
-|Disabled People's Cultural and International Manifesto
505
-
(505)
-
-
-
-
-|The Aurelius Charitable Trust
1,325
-
(1,325)
-
-
-
-
-|Arts Council Wales - Cymru / Fenis
22,394
-
(19,941)
(2,453)
-
-
-
-|Arts Council Wales - Aildanio Arts Prize
34,138
-
(28,673)
-
5,465
-
(5,465)
-|Anthem Music Fund Wales - Atsain Project
7,266
-
(7,266)
-
-
-
-
-|Conwy CC - Amdani! Conwy - staffing
3,365
36,412
(31,279)
(3,180)
5,318
23,349
(28,667)
-|Conwy CC - Amdani! Conwy - access
-
21,746
(19,302)
3,180
5,624
22,559
(28,183)
-|Creative Wales - Pathways to Music
10,000
-
(10,000)
-
-
-
-
-|Wolf Studios Wales
-
300
(229)
-
71
-
-
71|Unlimited - Something for Nothing
-
700
(700)
-
-
-
-
-|Amdani other project funds
-
-
-
-
50
1,645
(1,695)
-|National Trust EOI
-
-
-
-
825
-
(825)
-|Ty Cerdd
-
-
-
-
-
1,500
(1,500)
-|180,601
59,158
(188,357)
(2,453)
49,824
60,485
(109,788)
521| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**14**||||||||||||||||||||||| ## ## ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **15 Designated funds** The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes: |**Balance at**
**1 April 2023**
**£**
Cost of Living Award
5,263
Premises move
-
Additional employee
-
5,263|**Transfers**
**Balance at**
**1 April 2024**
**£**
**£**
(5,263)
-
-
-
-
-
(5,263)
-|**Transfers**
**Balance at**
**31 March 2025**
**£**
**£**
-
-
2,500
2,500
2,500
2,500
5,000
5,000|**Transfers**
**Balance at**
**31 March 2025**
**£**
**£**
-
-
2,500
2,500
2,500
2,500
5,000
5,000| |---|---|---|---| ||||5,000| **Cost of Living Award** - The transfer relates to the cost of living award being paid out of the unrestricted funds during the prior year. **Premises move** - The transfer relates to funds designated towards a premises move in 2025-26. **Additional employee -** The transfer relates to funds designated towards an additional employee in 2025-26. ## **16 Analysis of net assets between funds** |**Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
**2025**
**£**
**£**
Fund balances at 31
March 2025 are
represented by:
Current assets/(liabilities)
93,722
521
93,722
521|**Total Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
94,243
80,162
49,825
94,243
80,162
49,825|**Total**
**2024**
**£**
129,987| |---|---|---| |||129,987| ## **17 Operating lease commitments** At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: |Within one year
Between two and five years|**2025**
**£**
5,826
3,416
9,242|**2024**
**£**
-
-| |---|---|---| |||-| - 18 - ## **DISABILITY ARTS CYMRU** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **18 Related party transactions** There were no disclosable related party transactions during the year (2024 - none). |**19**
**Cash generated from operations**
Deficit for the year
Adjustments for:
Investment income recognised in statement of financial activities
Movements in working capital:
(Increase)/decrease in debtors
Increase in creditors
**Cash absorbed by operations**|**2025**
**2024**
**£**
**£**
(35,744)
(119,945)
(3,545)
(3,638)
(3,381)
15,869
41,976
4,374
(694)
(103,340)| |---|---| ## **20 Analysis of changes in net funds** The charity had no debt during the year. - 19 -