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￿ toaJ*ll*
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 ArthemT*m tlèvw a n• bJslnÈss th41rf4elhÈ next th oftt* ovgaokntkffi¥develtspmert
- S￿%￿lnab
stalttable pathways to mu5
l. Supp)rt devdopMoJttofNgh
3. ￿ld su*Snable pathvmyslo musk H? il*s
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 ftr*ard 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 tl*At¥* 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 foHD*lroJ sttup rfwales. Up io
the ArLs Coun¢ll of Wate% Tre Wdsh Gowr4nert
(£180.692).
1910 Tn*i
. 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 t*e thqev*d 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 ly*lr*s%
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 5fft*pendertextmkntitityi, 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 aL*lvltlE5:
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 Y*r Ended 3114ar¢h 1025
and reg￿red rharfty 118W4k Tr¢ 15202TrWlkxty8 5 Féz* Cardw. 1724 ￿.
Charltlas: Stslanert of Rero
nancial Repor￿￿9 Sts*d aFgllcarte kn the iA( and Hepublic rA Iwdand {FRS 102) (effecthe I )mry 2019)°. Flnant*l
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 Tn*t
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- re*wklEd
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 W*5 iti 22. 23 and 23- 24
In Wales wart tD oet Imto mw
endowmentam1 athvKy and S￿d1Th3 ￿ ftMin*ared by Prts W*5 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