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2025-03-31-accounts

Jwmbw: 11240995 anthem. AK[ME￿ MIKSJC FufiD ￿￿Es FIt4MCtAL STATEMENTS

AntlMbK Mu8k Fund Wale• Compmy 11240995 Anth￿5 cOJects a￿ the folWThJ: To a(fvantt young In Ire and to I￿tI￿ toaJll l. suppjrtknq you Z maklw a 3. developln9 opportur4ty In 4, ￿entIfy4ThJ and nU￿rtn9 tslert arhl and mnwnlty. gops. bulk1 gk11s and fTe*e sustalnable Ohwass for y<uYJ meanlrwl P￿ts￿ShIpS aroj ¢￿e£l at the centre of our wart

For Th• Yopr Ended 31 2025

Trustees. Report (contlnued) For The Year Ended 31 2025 tl(è ArthemTm tlèvw a n• bJslnÈss th41rf4elhÈ next th oftt ovgaokntkffi¥develtspmert - S￿%￿lnab stalttable pathways to mu5 l. Supp)rt devdopMoJttofNgh 3. ￿ld suSnable pathvmyslo musk H? ils 4. Work £Olthiraii￿￿1 to rnoreequltatAo seLtorTn W . NU￿re PrograMme.supp￿Ikng a colKrttiF 14. 21 eath ywl(¥ ￿lOCk PTogre54on for the secror. Few Wales In W￿l￿￿n. touthorated uwtbig tsyo FP•IO E¥pr￿S events foryouny Feople in CèEilfff&yl ￿9¢￿, and could not 0)nth￿ to provjde the Iwou￿ forlhÈ Il•)d to L)X)t[￿. So Ilxs wai be the￿￿1 yearthatArth&non

Anthem. lknlc Fund Wal For The Year Ended 31 March 2025 UP9kllUng th￿Tr to plpn. 9bJs. em &tevAy X)23. h•U￿ng a set ofin(tkl reS0w￿ a dlrtttary olyouth you up OF potentsl i¢yw)rs. professlonals. aTrJ ryXL¥clan5. Th2 prowdrm wtKks In ¢oHvbwatlon wlth youth or9w9tx)￿ who MrtU￿1r parbclpartts ftrard lo l p¥t ofthe PTOWaTT r£tt mund. In Potyidd. In 2024 2025 thts I￿5 lllCkM￿". rrrt15k SECtorln order tr supputthe of the Pkn for lthtsltEdurA)n, and thar Nutton ￿ee￿A9 a5 wem a5SUWOrtlw ttKSr ￿ Mustce¥erttln Janvary 2025 r evahjatbn fi￿jIngl tlAt¥ FuTrl t(WIw Weare th9e ftythe ¢)Ifflu￿r for Afan Jolned as the new Aithem Chalr. A cohort Ory￿ Tn￿ a15oJ￿ed the Bu6rt1 in 2024, brfrNJing wJthth&

Anthem. Mwic Fund Wale• For The Y￿r Emlod 31 Mar¢h 2015 ¥e5¢fflent of EIFn by We15h Grn￿fflent foHDlroJ sttup rfwales. Up io the ArLs Coun¢ll of Wate% Tre Wdsh Gowr4nert (£180.692). 1910 Tni . Arts & Buslnes8 Cytml . Jtrts Councj • Avirv Bfzspace . 8Ni Carfhy Certhl . DorkleyTAtst Grocers Hall UMrRy . Gw￿0kne aral MaT9W*t CWthsQ . HwTrn¥el Found￿¢)￿ ShJreGI st James Plare Found￿￿￿ . The Three knkoe$lh￿t . Tr C¢rthl Arena c?￿r . Youth hfttstc attounts.

Anthem. Mu•k Fund Waleg Vor The Year End*1 31 M&r¢h 2025 rttogntse th8Té conunues to be a dtffiDrt tYUIIEXt for Arthpm ID be seekkng rw but dforts In thls dlrecuon contlnue to I￿lId1[￿ aTrJ the • for pl￿gnI￿ $wJprt p¥tfi￿ng ¥tBJ In¥e5bnent gJPPOrts'oJre' or fSxed C¥￿ts kdudlng s•)1orstaff and tD akn lo redu￿ T15k by thas6fylng the organlsaUon4 and crethg Impttrtant fvr Artlwi wthln the retsUon5hW ￿ I￿k1 reputatlon as a Our fo￿ In 2025 2(126 ts thH from tD dpyebplng B strong tNs model. rJ)sely Mrfth to help ￿￿j¥k￿. wll see contlnutrNJ wrt IncTuthwJ stIty￿n9 rth1jl￿hir6 wth kerf and Found01k￿ and otherqrnnt glvlng tod1￿,

Antlwm. bknlc Fund Wale• lèbk for Its 4SSfjtS the twnpany befwwl as Ig a knierl by guNonteè, NabthLy ts lknlttd bj £1￿ AY EItNtyBare Anthem haè a nunknr Of the ofthè te thqevd Yeguw by the èoArd omplplnts Pc4tcy . CDTffjlct of irrte￿ Po . Dats PrDtectkn FDNry and Prfvacy Ilotko . EqLdty, Dl¥e¥slty and Polky . En￿rOnments1 Pdkw Ethlol Emthmrt potrcy . Ethlcal Fyr#lrnisw Pol Health and Wety F¥Jl RLsk Safeguard ng PollD/ . VoWrteer F¥J¥ry H Smlth Miss D Fmns (appthled MrsGMCan E M Pepwn Mlss T Payne Mr D l At8ton cre6Ign￿ 2WIII2024) rts D H Keysry (resl9r]ed 26IIV20241 Mr A P Stwon {rts]gn&126nv2024) N155 S Njlnl (witrted 26/IV20241 (WE4wMI 31¥DV2 Mr E Nfan Davk5 {appDthted WII/2PZ4) MrRJSi Mr I A W&ters Ms R M Byown MIS5 15 IM)bl Ms C Hughes Roberts Mr a Lewls (appotrted 26IIJ12024) M$ N M Ree lappDMithd 2611V2024) MrG Wllllams (lesion￿ 26IIV2024) Mrj Padclffe Mr LA Coluer 1810912024 Mlss RC Hutchtr exakylra Jon¢q. FtrograTrme 14 Ttsrl Slllman - Communkatrons Manager

Hetedd Hdlowoy. FundTalshJ As5Lthrt Sheryl NJMI- Program Lenrnn Wllllgm5. Gatevrdy Promt Eltyah Jeffoy. G2tepMy P4anpger IIB2D24 Conwrty NuMb•r 112d0995 202 Trofal9ar H(￿￿e 5 F*i Flx• Cn4 OED HSJ Ltsl AcfA HSJ kcoyntan15 Ltsl Severn Huu5e Ne#port NPIO 8FY B•nk•T• 517 Queen St Card EMNTI

Anthem. lth•lc FUMI Wale• For Tha Ythr Ertd￿ 31 Ilarch 2025 wlll In lylrs% posltlon d the (harltable com 2CN36. They 0 WEbible fvr rEgkne Part 15 ofthe COM￿￿s￿t 2(¥1& fvrry-?-. Mr E Afan Dbvtes 26 N¢yRmbqr 2025

Arthem. Mu8lc Fund Wales For The Year Endad 31 2025 bknftythe Jre ¢t￿lL￿e fDf 5fftpendertextmkntitityi, I resFert offfiy exarni￿ ofywr as Ltrried out ￿￿ter s￿￿On 145 oftt awifiesAct 2011 Cthe 2011 P£V). tn ￿rry1[￿j out my e¥￿￿￿tI)n I Imver￿0Ned ￿ DtrKUons gth by the tharlty comnrfS￿￿ 145(5) (b) ￿11 PAL 2011 tlwt l am qualbled to ut%lert* l am a nthltw rf. whKh ofthe Ilstell bodles, gfvk¥J rne causeto IKI examlnauon. or tl¥w#n kn th 27 November20Z5 NPIQ 8FY Page io

Anthui. Ilwic Fund Wales ststwnort of ktlvitioj (Inc1￿￿j Xncome Fxpwthr¢ Atto) For Th• Yffjr Endgd 31 Marth 2025 Donation$ and lerJad£s ChHrltabJe aLlvltlE5: nh35 1gJ.78A ¥12R16 120hYd Woles 21.997 5A59 8.185 289.m ￿8.637 ON: Wal (144rn) (mS33) {417h21) (309,329) (5%341) (71 U27A49) (IBOffj92) (q2ts) (42213) (127.649) (1￿•,692) (U,W) (74X•) 41213 231A84 412,175 lo3￿ 231.483 87.153 J6M2 P•J¢ li

ForTh• Yw Endad 31 Plw¢h 2025 20.703 99.7 120A52 8J83 8.185 37 EXPENDrruRE 0￿. (151W8) (157.731) (wno) (S7,￿) (509,329) (i) {180.692} NET EXPEtIDIWRE s3,<￿ (24n7) (4PX) (212.788) (180W2) ET MoveNwfiN ￿￿09 991 Tthl fvr￿s l¥ought fvvbwd 93.885 412.175 JO281 88.4 41212 231A63

Sheot AS At 31 2025 d• Tanglble Awts 518 44213 787 23.787 ZO.905 158.ln 250J76 at b•￿[￿nd In 181.959 271281 One Yé (UD2￿> (8D.2201 (W529} Iin,739 196,rn 87.153 103W35 231A83 .￿3 iW2 lo3￿ 231,483 FUNDS OV The Endowment Fur%ts rted FuThds 42212 16ffj82 88.990 87.153 11)0,2BI TOTAL FUNDS 103.B35 231083 Companleg kt 2￿6 to snMI r* 2006. Qn olthe tr•JpYd 71fv )~ Mr E Afan 26 2

Arthem. Music Fund Waleg to the FlnaThd￿ StsteTnents For Tha Yr Ended 3114ar¢h 1025 and reg￿red rharfty 118W4k Tr¢ 15202TrWlkxty8 5 Féz Cardw. 1724 ￿. Charltlas: Stslanert of Rero nancial Repor￿￿9 Stsd aFgllcarte kn the iA( and Hepublic rA Iwdand {FRS 102) (effecthe I )mry 2019)°. Flnantl 14

Anthem. Mu81¢ Fund Vlale Nots• to the Flnandwl Statemonts (¢•ntlrfiwd) For Th• Year End￿ 31 Mar¢h 2025 3.8. p•fft•lo

For The Year End•1 31 Ilarth 2025 2025 Duwtlons gro 67.4 L105 19D. 258.ui 1.105 GM 71rt35 262.216 9¥70D Gfftdd Grants 21,143 20,703 99.749 120A52 GnJLTrs Hau HaysTrnvd Foth)daYt C4Ylng Oakitale Tsust The Darw Tnt The Thrne Tru thMu9 1910 Trust Arts thundl Wdes SU￿ 5AI(KI 5t 18.981 18.iNXI 5.fAI0 5JXID 50 18,981 18.( 31WJ G%endoJlne & ￿T0)rtt Da￿ts4 Clv Pothde QHnmunltyTYust lo,0￿) Share Gtft sjp 10ODD 2,500 56.750 lJ5.781 Ins31 P•J* 16

2024 ndB 3,XJO SMID SJIOO Loul (￿rtr￿ 08kdaleTrust DatheyTwwt J.9)0 SWOO 3JlO YrKrth Musk 1910 Trust Art5 ￿und1 OAW 1400 Foyle foundawon Gwendpllne & Maryayet DA¥*$ QAvlty Smn GM)son Charliabk Tryst 5harE <Xt sjp fjo 166.700 I￿.3 21.997 Grants. art asfoTM: 3025 1.250 11.301 li Arts Coundl of Wales 21.997 P•J8 17

fi¥nd5 Arts Ctythdl of Wak fund• 5.559 B.183 8,185 7. (see rrte g) Totsl 231￿? In.495 14296 417N21 ¢U¥lUe• {sqe ￿ 9) 15.940 309J29 It dedde£l to accrue forthE Itnal Pa￿ oFallP49*1 In I1￿￿￿1 6 be the Ilnal fvndlNJ round. Atsaln Is pakl In lrnrt then a r#wl paymertafterthe PEDiert

Anthem. Muslc 14md Wales N1)t￿ to the Flnandal 5tatwThents (conthmd) FOT Tha Y•at Ended 31 March 2025 oIrnu81tal In walè• IAIO 7,740 I,Bio 14.296 478 9,723 8dmbYstr4U 4.195 15,940 3880 2024 117.783 118.310 s￿7? 2ffl1 I23￿83 12fjfv2B Narth 2024 whlch were recognsed as revenr as at 31 Marth IQ4. The ￿ slwx4d tfvve been treated ès OefeTred 19

For The Y•F4r Eniknd 31 2025 J4. T•ngll¥lÈ ot l Aprl 2Q4 1.789 1.387 3J76 5J59 A5 4t 31 t4arrh 2025 Ag at i Aprjl 2024 Ih70 L171 2￿1 As at 31 Marth 2025 4N50 Net Bo¢kVth• As 8t 31 2025 1319 2m6 at i Aprfl 2024 618 1518 •h&ts¥h s at i Aprl 2024 DtspDsals Asrt 31 N4thY)25 42213 143.213) Prnilxlon As * i Aprfl 2024 As at 31 2025 N•t BookV•lu• As at 31 ￿?￿h ¥*1￿2024 42.213 20X15 20,9)5

ForTh• Y•Ar Emlad 31 Trlarch 2025 2024 Trade ¢redlbYs 2,903 471 2,1 1.917 84,529 75AKIO 75M*J (75 Y5￿ou (2024.. 4641).

tIAyW ¥lJat 31 (IW76) 42213 SI￿2 At5aln 1-4 ftwxl 60on 3S261 IOU281 ¥5 (144 4IU3 87,153 Atsvln 14 ftJThl- rewklEd Youth Fonm funrl (59. (19fvk7) (22J81) 16J16 10,999 (60D) (8GJX)) (9.901) (>.￿8) Nuthre I6.(￿2 ExFwdab]e: (42213) T•tsl fmnth Zlih84 189.772 1417fv21) 103.835 A*•ti AsatJi Gemrd: SiW6) 99h 40,￿0 Atsakn 14 tund fjowi Go￿?1 (151￿) 159.701 IrJ).281 PAsaln 1.4 fund . rnstrtclvj Youth Forum fund r2245 65Am u31J75) 15,71XI (ll￿24) 5JXII (5.133) (40)) S1954 59.025 132 Youry Curators

t40kn to the FIn￿￿t￿ statements (cwttlnued) Showraslng (1$1.732) B8.990 Expendable: (i) (212,787) 42,212 Totsl fwdi 414175 .637 Q09J29) 231083 r In W5 iti 22. 23 and 23- 24 In Wales wart tD oet Imto mw endowmentam1 athvKy and S￿d1Th3 ￿ ftMinared by Prts W5 2DL9 and 2024 maNJaied by rk olAntlErn. durfng the aL￿￿t or pre¥1rrt￿ yw. 636 715 The company 18 linltal iry aThl ho# noslwe capR