REGISTERED COAIPANY NUMBER.. 07840762 (England and Wale51
REGISTERED CHARrtY NUM6ER.' 1188670
REPORT OFTHE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
CITRUS ARTS LIMITED
MHA
Etfed House
Oak free Court
Cardiff Gate Business Park
CARDIFF
CF23 8RS

CITRUS ARTS LIfvIITEQ
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Pag9
Report ofthe Trustees
Independent Examlnerfs Report
ststement of Financial Activities
Balance Sheet
Notes to the Financial Statsments
10 to 18

CITRUS ARTS LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustee5, who are also directors of the charity for the purp05e5 01 the Companies Act 2006, p￿sent their ￿POrt wlth
th8 financial statements ol the charity for the year ended 31 March 2024. The twstees have adopted tho prO￿s1onS of
A¢wunting and Reporting by Charitles.. Statement of Rec￿mrnended Practi￿ applicable tts charitie5 p¥epaThng their
accounts in a¢¢ordan¢e with th8 Financial Reporbng Standard appJi¢able ui the UK and Republic ol Ireland IFRS 1021
(effective 1 January 2019}.
OBJECTIVES AND ACTIVITIES
Objedives and aims
Th8 obje¢ls forwhich the Company Is estabtish8d ar6'.-
11 The promobon of oducation and training in the creative and artistic appN¢ation of 8xpr85sive Brts in artistic
perfomiance.
21 The promots.on and trainlng in eXp￿SSiVe arts 8nd other recreational aCtiv￿leS in the interests of social welfare
for the benefi15 01 the public with the oblecl of improving the quality ol life.
Crtrus Arts is a wmmunity art5 charity based in Pontypridd. The company was founded by Brfdle & JamBS Ooyle-Roberts
In 2009 as a Company Limited by Guarante8 and re-¢onstitLrted as a charitsble company In 2020. The organi5ats.on
contracts the Services of on8 full time and two part-time members tsf staff and a range of freelance p8rfomiers and
8rt1Sts. There is also an annual cohort ol young tralnees, offering 16-30 ye8r old NEETS from th8 lttal are8 the
opportunity lor paid wod( alongside the Citru5 tearn. learning 8 r8r*Je of transferable s￿11$ along the way.
The main aetivities are'.-
Creatlon ol perfomiance, spectacles and creativ8 installation works for public engagement.
Classes, workshops and creative projects for young people, famllies, Seniors and community members.
Prof85sional tralning, rnentoring and 8UPPOrt lor a￿$t$ al diffe￿nI stage5 of thelr career.
H05th'ng social and recre81ional adivib.es for the local Hopkinstown cornmunily al Hopkinsiown Hall and in local
outdoor spa￿$ le.g. Great Westem Colliery Wlnding House. Barry Sidings. Co8dpenmaen Cornmonl. These
activities align with the ￿ntext of the wder work i.e. community feasts. family rave5, NT LNe screEning5.
eomrnunity p8rforrnances, consullati¢)n events and creative activlly days.
The chartty's key obl¢¢¢lv•$ for 2023-24 woro to'.-
Progress th8 process gf transfer of ownership to Citws of our compafjy ba58 at Hopkin5town Hall from
RWOAWA (Rhondda Ward Old Age Welfare Assodalon}.
Secure c￿ funding to support core actimtios.
Piloi antj devebp th& Artworkers scheme for 16-30 year old NEETS.
Relaunch our regular programme ol classes for people 3+ (Pipsl.
Establish a pattem of working to an annual theme with a# activity falling underlhis trerne. devebped in
collaboration witN our community.
Page 1

CITRUS ARTS LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The most slgnificant event ol the 20234 financAal year wa5 the 8ut)mission on 31 March 2023 of an appllcatlon to Arts
Council of Wales to b8 a part of their portr￿￿1 of regularfy funded organlsatM)ns for the fitst tirne. In O¢tob9r 2023 we
W8re noufied that our application had been successful. meaning the months of Intensive work on our Business Plan and
the ap￿ICatiOn itself had been worthwhlle. The offer from ACW wa5 just over 50QA of what was requested. including a
further 10.SYa Cut followtng the Welsh Govemrnent cuts to th8 arts announced in January 2024. The final offer lo Citrus
was foT £97,500 peryear for 3 years, commencing on 1 April 2024.
Wlth the nonqcontinuance ol pockets of covid in5pir8d funding. Such as the Summer of Smiles aetivity money offered
over the last fow yeats, our programrne of responsive workshop basod activlty was qulator than in prav¢ou5 years.
However. this gave us 8pace to develop our own projeGts.
2023 was Cltrus inaugural U)emed year Tho Year of Home.
The focal point ol the year was the annual spactacl8. During our communlty consultatr.on sesslons and convetsations that
we hdd Tegularly, issues of housing. home and land ownership had been raised repeatedly. We developed the project Ty
Unnos in ￿sponSe lo this.
Ty Unnos
Over one chilly October evenlng, a group of young p80￿8 IArtworkers- see below) worked alongside a local fim) of
builders (The Frowen Brother51 and a Bristol based eco- architect lo erect a'one night house, on ¢ornmon land. Over 400
people tumed out to watch. In line with our aims lo Increase access to quality ¢￿atiV￿ events for tho peop18 of Ponty, th8
event was free to attend. The day following the ￿lId. Artworkers hosted a day of comrnunity workshops 8nd
conversations, including a campfi￿. 259 att6ndad Mark Andwson's Son￿ installatson that we hosted on its Wales tour to
close our event on the Saturday afternoon and evening.
Artworkers
In the 2 weeks leadlrrfJ up to Ty Unnos 115elf, 13 young people participated in 2 weeks of paid Iralnlng In outdoor arts
technlcal Ski￿$. This was the ffrst time we had off8r8d a full time ArNvorkers training programme. The programrne Is
airned at 16-30 year olds not in education. ernployment or training, and seeks to provide meaningful work to stem the
8xodus of young ￿0P}e 18aving Pontypridd as they can't see a way lo find decent work here. Artworkers 15 also a way of
training the Wales based event crews of the future, providiTra an alt8mative to production companies hamng to hire ¢￿wS
from Manchester and otherci118S.
Highlights of Ihe training were 2 days with T and M SerVI￿s leaming al)out outdoor lighting d8sign a￿1 rigglng,
¢ulmin8ts'n9 in the youn9 people lighting the extertor of Hopkinstown Hall at dusk for th8 local comrnunjty to enjoy.
Another highlight wa5 the cohort working Wbth Mark Anderson's tearn to colle¢t'found sound" and create their own digital
soutKlscape5. They a150 Iov8d mggting Greenpeace's main climber- the woman who does all of the aerfal installatlon
suth a5 covering the Pm's house in bkqck fabric- ¢0 leam al)out safe work at helght and hamess skills.
Artworkers led Citrus, presence at Beyond the Border festival in Camiathen we showcased new female led
comparsy Cott8ctiv8 Fli9hVs first work. Swyn. ArbYorker$ supported Ihls perfomianca knd also did pyrotechni¢ work and
led family arts and circus workshops and street games.
There was a further 2 week Artworker training programme teading up to Lighfs in Bute Park. This saw ￿nowned
production company, From th8 Fi8ld5, provide a s¥Jnificant grant for Athorkers to design and develop a set ol large
$¢8le welded 18ntems for Cardiffs mainstream Christmas Ilght trail. Artworkets bullt creaovely finlshed a set of
terraced valleys houses (to fit with our annual thernel, wjrking alongside leadin9 Wales based artist$ Rob Hill and Kate
Verity. They also w(Kked with composer 8nd sound designer Rowan Talbot to wllect bilingual narratlves on the theme of
home which fomied parl of Ihe installation.
Page 2

CITRUS ARTS LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Hall Host
During thg ygar wo We￿ able io recrltlt, thanks to National Lottèry Cost of knvirrtj Funding, a Han HOSL This Tole enab￿$
us to open the hall up MO￿ regularfy lat least 2 days a weekl for the community to drop in and use. We publici5ed hot
desklng, free wifi and refreshments. While this was very well received, It was ntst widely used othtsr than by fatnil8s of
our Pips childfen, and we're ¢urrently developing ways to Improve Incidental comrnunity use (rf Ihg spa￿.
st￿e19aMe CSreus
In the Autumn, we hosted a week of trainirsg and live lesling for a new way of delivering facilitator-18d circus worfKshops.
Part of the reason for this was wanting io set ourselves apart from other organ*satk)ns who host 'open bo￿ drcus for
events and festivals. We aLso wanted to irnbue Èll of our activity with the same level of artistry, creativty and Imaginats'on.
We inwted around 8 loeal creative professionals, not all circus artists Iwe Induded actors and tnusicians for ÈXarn￿eI to
work wtth us, led by the amazing clown George Orange, to create a new way of leading CoM￿nity workshops. We
tested this oul to great SUC￿$$ thanks to Barry Sidings Country Park providing us with outdoor spac£. Over 60 lamily
members came to play wth us one sunny afterncA)n. The barrier to rolling out this way of leading workshops 15 Cost - to
be truly creative and playful, workshops need lo be led by a dlverse team and have mor8 "pa*rs of hand5. to facilitate
im8gin8tiv8 games and role play. This pushes up the cost and bookers leg schools and wmrnunity groups} can't justify
Ihis spend. This thinking 1$ bubbling ahyay though 85 we're sbll interested in finding a way to make it work.
Comrnunity Days
We hosted r8gular community days Induding circus play, 8 foraging walk and ccok up and a haw day sesslon with 12
adults who eXplo￿d through ¢reatNe activty. how Citrus 8t Hopktnstown Hall can be rmre usefEJl to our thal community.
Pips
We relaunched wr progrnmme ol subsldised wee￿Y cireus cl8ss8s for ag88 3+ and bullt up i0 47 iegylarly attending
members by year end. Our Hall Host ¢nsur8d thi5 was an opportunity for us to contlnually keep In touch wlth a#d talk tg
our comrnunity Of parents and rarers while they wailed for Children Sn Classes.
Hosting and artist developmen¢
As well as our own activity, we also hosted a ranga of ¢otnpanies 8nd individuals at Hopkinstown Hall to develop th•lr
own work. In addition to providing rehearsall practi￿ space. we a150 offe￿￿ use of our workshop, rneeting room,
rèsoure8s and 8quiprnent and mentoring eg in artistic development and fundraising. This aspect of our work included
hosb'ng Nofil$t8te Circus for 2 weeks of reheaTsal for the5r new show. Bamboo and hosttrn9 RCT3 youn9 artist network.
Make Itl Live (Valleys Kidsl showcaso evènt.
Public bonerrt
Th8 tNstees can confirm that they have ￿mplIed wlh the duty in Section 17 of the Charih85 Act 2011 to have due
ard lo public benefit guidance published by the Charity Commission. Significant a¢t4Mt￿s that we undertook during the
af Ihat dorYK)nstr8le public benefit are set out here:.
Wel¢orne over 500 people for free over the course ol a weekend to watch a perf¢yrnance InSt￿latIon and
participate In a range of tre8tive workshops éxploring the themes of hou$iry and home.
Continued th8 process (supported pro bono by Evershedsl of transferring the ownership of Hopkinstown H￿1
from RWOAWA to Citrus, for continued publ￿ benefit.
Provided education & oUt￿a¢h projects 5UPPOrted by a range of organisation5 and cornmuntly setbn93 across
South Wales, involving free, lurf 8858ion8 for families and young people to lake part in cwtive acllvlues as
circus sknlls and'make and lake..
Provided free regular community day activities 8t Hopklnstovm Hall for all 8ges.
Piloted Artwotkers, a new training prf￿ramMe for young people aged 1640 lo galn skills and experience in
outdoor arts and av8nt rnanagernent, Increasing employability, skills and confiden￿. This projeet createtj paid
ernployrnent for 13 peop￿ not In employment education or training INEETS) over the course of a year. One
young woman who at1he stari of trainit¥J was living in 8 hostel forvylnerably housed people and couldnl soè the
polnt In trylng to break the benefit cycle. gained confidence and 9￿W her aspirations and now Ilves In her own ftat
and has a job. Anolher partlcipant gaineL# full time work with one of our partner delivery Organisat￿On￿.
Run subsidlsed weekly or¢us classes for children aged 3+ vAth 47 children Tegularty attending by the end of the
financial year.
Page 3

CITRUS ARTS LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENOED 31 MARCH 2024
Chalitable activities
Sinco 2019 CitW5 have been involved in a partnershlp to make Hopklnstown Hall their base ol opera¢lons and
re-inwgorate this space as a community asset and venue. After th8 repair works we completed in 2021-2022 we
Citrus Arls wer8 very fortunate to be able to 5ecuie grant 8upport from a number of sources that support all the different
strands ol our work. This provided a range of opportunities lor tyjr youth and fr88lance team and enabled the
organisation to continue to employ its small cor& team ol fr8elanc8r8.
During this time, we were ab16 to continue to secure our base of op8ratk)ns. Hopkins(own Hall whlch is al a critical stage
of dev81opment for bolh organisabons.
FINANCIAL REVIEW
The financial iesulls for the year ended 31 March 2024 are shown in the attached financial sta18fflen￿.
Total income for the year was £167,437. Of Ihis. £109,569 related to restricted grant income and £57,868 was
unrestricted Income.
Totsl expenditure for the year was £228,771.
The results report net exper￿1{Ure on restricted lunds of £173,001) and a net surplus on unre5tikted funds of £11,667.
The nel experKJiture on re5trKted funds is a result ol timing only due to restricted funds brought forward to tho year.
Total funds at 31 Mareh 2024 werè £18.600, of thich £1.161 was restricted funds and £17,439 unrestricted funds.
R858rves pollcy
At 31 March 2024 the charty held free reserve5 01 £9.924 Ibeing unrestricted lunds of £17.439 less those fund5 tied up
in fixed a￿ets of £7,515).
As a previously nt)Tr core funded organisation, wnning almost ents.refy on ¥èstsict8d activity grants from a variety of trusts
and fouridations, buildirig reserves has been acutely challenging. The board of trusiees aim to build Ihe tharty5
reseNes lo include a minimurn of £30,000 tree reserves (which represenis 3 months ol fix8d running costs plus
additional winding down costsl and ideally a surn which would include other potentlal Costs suth 8s buildirs repairs and
unforeseen equipment needs.
The trustees lusl.fy holdlng reserves that would b8 requir8d for Ihe safe and ethical functioning of the Charity and similarly
an ethical witKling down should unforgseen circumstances trigger suth an eventuality. The trustees do not support the
nnecessary ￿lding of undesignaled reserves as they understand that monies received should be used for the actlvlty
of the charity and for the benefit of Citrus, bEn8ficiari8S.
The board aim5 to build svch reserves thr￿gh a fvll assessment In 2024-25 of Citrus. FCR operations. They also ptan to
axplor8 and develop previously unexploited potential In individual gi￿ng linduding digital furxlraisingl and Increase
eamed income via increased paid acts"vity. hires and dasses at Hopkinslown Hall.
Page 4

CITRUS ARTS UMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FUTURE PLANS
In October 2023 we We￿ notifjad that our application to Arts Council Wales for 3 years of core lurJding had been
successful.
We now plan ¢0 submit a small number of other Sl9nificant multi. year applications to e.g. Fo￿e Foundallon and Paul
Hamlyn Foundation lo rn8tch Ihis funding.
We plan to ass8ss the role ol ExeoJtNe Director and continue ¢0 evaluate wh6thar Ihe role needs to increase lo full lime.
We a150 plan an overhaul of our Pips programme lo ensure w6 attrad teenagers as well as younger children lour
membership is currently suffering from the Covid gap'l and to potentlally put in pla￿ a Clrcus Coordillator to oveTs8e 8nd
evaluate all of our ￿gUlar classes, wtth a view to potentialty 8xpanding our offer In fLrture,
There #re plans lo continue and develop our Artworkers programme lop young people 16-30 to learn skills in event
managomenl, design & constwctlon lor performance and productlon work vthh a view to Providing paid ernployrnenl in
the future. An appli¢ath"on to Wd5h Government Event Sector is 5ti11 pending at this point due lo WG lunding éeclsion
freezes. A grant would fund Artworker trainlng in 24-25 and a dedicated producer to ovetsee and plan the work.
We have secured ACW project fundlng to research and develop our Annual Spectacle for 2024- ¢Jelayed inio 2025 due
to ACW funding delays- based on the tradib'onal Min8Vs Gala. possibly staged at Rhondda Heritag8 Path.
Wg will conllnue workSng wllh Eversheds Sdiators to finalise the process of transferring ¢*￿ership of Hopkirfslown hall
to Citws Arts.
We aim to recru4t 34 further new tw$¢ees Indudlng a new chair.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlny document
Citrus Arts Is 8 charitable cornpany lirnited by guarantee, incorporated on 9 November 2011 and wistered as a charity
on 20 March 2020. Its 9overning document5 are ils M&mordndum and Aitdes of Asso¢Eation. adopt8d on inmrporation
In 2071 and amended by speclal re501utl¢n in August 2016 and again in December 2019.
Durlng 2023-24 One TnJst8es rgslgned.. Asa Malmsten Ichairl on 19th MArth 2024.
Recrultm•nt and appolnlm•nt ol new trusle¢$
T¥ustees are appointed, removed or retire by resolution of the trustees at 8oanl rneetings orAnnual General IAeeting.
Organisatlc•nal structure
Cilrus has a Board of Trust8es who are also lh8 Board of Direclcws with a Chalr and Vica Chair. There is I full tlme and
Part-time Senlor Management one of hvhich acts as Company Secyetary. Citrus h3$ 2 part-tirne offKe staff and
engage freelancers for all other employment roles.
Indu¢tlDn and tralnlng of new tfustees
New board rnernb8r5 benefit from an induction Fthor to their first board m88ting and are rnade aware of their
sponsibiliÉ4e$, in accordance wth The Charity Cornmission lor England and Wales Guvjance The essenb'at trustee-
what you need to know, what you need to do..
Th& trus18e5 the forn of the Board of Management ara r05ponslbte fgr the overall strategic development and control of
lh8 ch8rity's actsvitses. Sub-commlttees may also &xisl to doal with various issues. Day to day operational ffj8nagement
of the charity Is d8￿gated by the tnJ$tees to thelr Senlor Management team, James Dgyle- Robert5. Beth House and
Bridle Doyle-Rob&rts. The trustees have conducted a ￿V￿W of the major risks to which the charity is exposed and
Systerns have been eslablished to minltnis8 those risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstergd Company number
07840762 IEngland Wale51
Registered Charity number
1188670
Page S

CITRUS ARTS LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Règlstered office
1 Foundry Rd, Hopkinslown
Pontypridd
Rhondd8 Cynon Taff
CF37 2RA
Trustees
D R 8axter
A K Malmslen
N Young
N Pugh
J Mccallion
J Purnell
Chair (Vice Chair until 191031241
Previous Chair {tsntil resignation)
Resigned 19103R4
Appointed 30111123
S¢nior managafflont
J Doyle-Roberts
B J Do￿e Roberts
8 House
Artisti¢ Director
Co-Executive Director
C%TrExecutive Director
Company Secretary
B Doyle-Roberts
Indepèndent Examlnèr
MHA (trading name ol Maclntyre Hud50n LLPI
Limrted Irability partnership in England & Wales
RegiSte￿d number OC312313
Elled House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS
Bankers
Unity Trust Bank PIC
Four Brindleyplace
8irmTrngham
B1 2JB
Solicitors
Evershgdg
G8rdiff
Approved by order of the Board olTruslees on 12 November 2024 and signed on ts behalf by..
D R Baxter- Trustee
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CITRUS ARTS LIIIIITED
Independent examiner's report to the trustees of Cltru$ Arts LFmited Ilh8 Cornparry'}
I report to the charty t￿slee5 on my examination of the accounts of the Cornpany for the year ended 31 March 2024.
Respons￿)￿11t1¢s and bas1$ of mport
As the charitys trustees of the Cornpany land also its directors for the purposes of cornpany lawl you are respon$Sble for
the preparation of the accounts in accordance with the requirements of th8 Companies Act 2006 (Iho 2006 Acri.
Having satisfied myself that th8 accounts of the Company aro not requlred to be audited under Part 16 01 Ihe 2006 Act
and arè eligible for ind8pendent examinats"on. l ￿port in respect of rny examination ol your charitys accounts a5 carried
out und8r Section 145 of the chan￿e$ A¢1 2011 I'the 2011 Acl'l. In carrying out my examination I havè followsd the
Directions given by the Charity Commission under Section 145151 Ib} of the 2011 Act.
Independent exarnlne￿5 Stat¢m¢nt
I have cornpfeled my examination. I confirm that no matters h8ve ttjme to my attention In connection th8
examination giving me cause to beli&ve'
accounting records were not kept Sn rospect of the Company as required by Sectlon 386 of thè 2CK16 Act.. or
the accounts do not accord with those records., or
the accounts do not comply with the a¢¢ountiNJ requirement5 of S8ction 396 of Ihe 2(K)6 Act other tharn any
requirement that the 8cwunts glve a true and fair view wttich is not a matter considered as part of an
independent examination.. or
Ihe acLotJnls have not been p￿pared in accordan¢g with the methods and prfnoples of Ihe Stal8ment of
Recommended Prac*'ce ftjr accounting and reporting by charitie5 (applicable to charities preparing Ihelr accounts
in accordan(x with the Financial Reporting Standard applirable tn the UK and Republ¢c ol Ireland IFRS 10211.
I have no concems and have corn6 across no oth8r matters in ￿lnectIOn wllh ¢he examinatitsn to whlth attention should
be drawn In Ihis report In ordgrto enable a proper undevJtanding of the accounts lo be reached.
Julia Mortimer FCCA
MHA Itrading name of Maclntyre Hudson LLPI
Lirniled liability partnership In Engl&nd & Walés
Registered nuFnber OC312313
Emed House
Oak Tree Court
Cardifl Gate Buslness Park
CARDIFF
CF23 8RS
Page 7

CITRUS ARTS LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2024
2024
Totsl
funds
2023
Total
funds
Unrègtdcted
lund
RgstrKted
funds
Not85
INCOME AND ENDOWMENTS FROM
Donations and lega￿eS
129
129
130
Charl¢able a¢tlvltlts
The promotion of education and training In artistic
performance
55,161
109,569
164,730
222,272
Other trading acts'wtles
2.578
2.578
1.130
Totsl
109.569
167437
223.532
EXPENDITVRE ON
Charitable a¢tivitie5
The prornotion of 8ducatKJn and training in artlstrc
perfomiance
46,201
182.570
228.TT1
192 693
NET IN¢OMEI(expENDITUREI
11.667
173.0011
161,3341
30,839
RECONCILIATION OF FUNDS
Total funds broughl fomard
5.772
74.162
79,934
49,095
TOTAL FUNDS CARRIED FORWARD
17,439
1.161
18.600
79,934
The notes form part of Ihese financial 8tatgm8nts
Pagg 8

ctTRUS ARTS LIMITED
BALANCE SHEET
31 MARCH 2024
2024
Tolal
funds
2023
Total
funds
Unrestricted
fund
Restricted
ful￿$
Notes
FIXED ASSETS
Tangible assets
13
7.515
7,515
10,810
CURRENT ASSETS
Debtors
Cash al bank and in hand
14
21,211
5,680
21,211
6,841
45,667
29,274
1.161
26,891
1,161
28,052
74,941
CREDITORS
Amounts falling due within one year
15
116,9671
116,9671
15,8171
NET CURRENT ASSETS
9.924
11,085
TOTAL ASSETS LESS CURRENT LIABILITIES
17,439
1,161
18.fjCK)
79,934
NEf ASSETS
1.161
18.6
79,934
FUNDS
Unrestricted ￿n￿$
Restricted fvnds
16
17,439
1,161
5.772
TOTAL FUNDS
18.600
79,934
The charitable company 1$ enlilled lo exemption from audit under Sects'on 477 of the Companies Act 20(6 for the year
ended 31 March 2024.
The members have not required the company to obtain èn avdrf( of its financjal statements for the year ended
31 March 2024 in accordance with Section 476 01 the Companies A¢¢ 2006.
The trustees ackn￿edge their ￿pOnsIbIlitieS for
la)
ensuring that the charitable company keeps accounting iacords that comply with Sections 386 and 387 of the
Companies Act 21X)6 and
preparing finanaal stat8rnenls which give a true and fair of the slate of affairs of the charitable company as
at the end ol each finanaal year and of its surplus or defiat for each financial year in accordance with the
requirements of Sedions 394 and 395 and which otherwise comply with the requirements of the Companies Acl
2006 relating to financial st8lemenls, so far as applicable to thè charitable company.
{bl
These finanaal statements havé been prepared in accordance wth the provlsion$ applicable lo charitable o)rnpanies
subject to the small companles regime.
The financial statements were approved by Ihe Board of Trustees and aulhorised for issue on 12 November 2024 and
were signed on its behall by..
D R Baxter- Trustee
The nol¢$ fotm part of these financial statements
Page 9

CITRUS ARTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
STATUTORY INFORMATION
Citrus Arts Limited is a registered charity and private company litnit6d by guarantee. It has no sharg capital and Is
incorporated in Wales ui the United Klngdom. The registered office is 1 Foundry Road, Hopkinslown. Ponlywtdd.
CF37 2RA. The nature tsf the company's op8rations and prin¢lpal acbwtles Is dlscbsed ￿thIn the Report of th8
TFu$te88.
Each of the trustees is Ilable to contributè an 8mount not exceedin9 £1 towards the assets of the charity In the
event of liquidats'on.
The fJnaTrcial statements a￿ p￿sented in Steding 1£). Ihe company's functional ¢urretry, 8nd rounded to the
nearesf pound.
Th8 signrficant accounting policies applied in the preparat￿n of Ihese ffinan¢ial statements are set out below.
These pollcies have been consistenuy applied to all years pre3en18d unless otherrise sts¢ed.
ACCOUNTING POLICIES
Basls of prepartng thè flnanclal statements
The financial statements of the charitab18 company, which 1$ a public benefit entlty under FRS 102, have been
prepared in accordance with the Charides SORP IFRS 1021 'AccountityJ and R8wrting by Charities.. Statement
of Recommende(I Praclce opplicable to charities preparing their accounts in accordan￿ wilh the Financial
RefM)rting Standard applicable in the UK and Rerwbllc of Ireland IFRS 1021 leffecllve 1 January 20191,, Fin3nciat
Reporting Standard 102 Tre Finan0￿ Report￿￿9 Slanoard applicable In the UK and Republic of Ireland. and the
Companies Act 2006. The flnanclal stat6m6nts hav8 b88n prepared und8r the hrstgri¢J ￿5t Conven￿On.
There have been no material d8partures Irorn FinanrA81 Reporting Standard 102.
Golng concern
No material uncertaSnties relate(I lo events or condrt50n5 exL%l Ihal may cash signffjicant doubt upon the chailvs
ability to continue as 2 going Concern. The trustees are sabsfied that based upon finan¢o1 projection5 and
cashflow rn3nagern8nt, it is appropriate for the charittys financial statements to be prepared on a gcNng (x)n¢em
basls and hav8 concluded that nr) adjustments or addits.onal disclosures a￿ required to the financial statements
at this time.
Income
All incom9 is recognised in the Statoment of Financial Activities once thè charity has •￿t￿*mOnt to the funds, it ¢5
probable that the Income will be received and th8 amount cAn be m8a$ured reliably.
This inc¢ud&s rApitsl grants.
DOna￿onS and le9acies incorne includes (Sonation5, gifts and grant$ that provide core ftjnding or ale of a generdl
nature are recognised where there is entiI8rnent, probability of receipt and the anKJunt can be rneasufed wilh
sufficient r81iabS1ty. Such income is only deferred when the donor sperAfies it must be used In future ac¢ounQng
periods or the donor has imposed eoryjib'ons which rnu5t be m8t belore Ihe charity has urtconditional entsuement.
Income Irom charrtable activities includes income received under Contract or where entitlernènt to grantfiJndi*)g is
subject to speclfic perfom)an¢e conditions. This Income recogn15ed where there is entillernent, when the
ceipl is probable, and the arnount can be measured reliably. Income is deferred when th8 am¢)unts receN￿j
arè in advance of the performance of the servic4 or event to whSch they relate.
other trading aCtI￿tIeS Is recognlsed as th• relatèd servic85 are providgd 8nd ther8 is 0ntiu9n￿nt. probability c
receipt and the amount can be measured with sufficient reliability. Income is deferred when the amounts receiv8d
are in advan¢e of the ddNery of the se￿1¢e tsr evenl tts which it r8lat8S.
Invesirnent income is r8cognised on a receniable basis.
Pag8 10
conlJnued...

CITRUS ARTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES- continued
Expendlture
Liabilitie5 are recogni5ed as expendlture as s¢)on 85 th8re is a legal or ¢onslructive obligation Committing Ihe
charity to that expencliture, it Is prob3ble that a transfer of e￿noMiC benefits wll be required in s8tUemenl and
the amount of the obligation can b8 measured ￿lIablY. Expenditure is accounted for on an a¢¢nJals basis Ènd
has been dasS￿￿ed under headings that aggregate all cost related to the category. Where Costs cannot be
directly attributed to pat*"¢ular theadings, they have been &bcated to aclivSQ"es on a basls eonsis18nt wrth the use
ol ￿$OUrCes.
Exp$rYJiture on charitable activities cornpri5&s thoge (xs5ts incuffed by the Sn the dellvery of its actiwties
and services for ils benefiuaries. It indudes both costs that can be allo¢aled directty to such activities and those
costs of an Indirect nature lo support them.
Support costs are Ihose ¢osls that, whiJ5t n0￿53￿ry to deliver an activlty. do not thèmsèlves produce of
constytule the output ol the charftable activity. This Includes govemance costs which are those costs associated
Yath meeting the constitutional and stalulory fèquiretnent5 of the charity and include Ihe accountancy fees and
costs linked to the strategic management of Ihe charity as well as a propo*tion of salades based on an
approximation oftime spent in thi5 area.
Tangible fixed assets
Tangible fixed assets are stated at eost less accumulated depreciabon. Cost Includes costs directty 8ttrtbutabl8 to
maktng the asset capable of operating a5 intended.
Dep￿CiatIOn is providgd 8¢ rates calujlated to wrile off fixed assets. less their estimated residual value. ov8r their
expected useful Ibves on the follovang ba58s.--
Plant and machinery
20% on cost
Taxation
The charily 1$ exempt from c¢wration lax on its Charitable activthes.
Fund a¢¢ounting
Unr8stricted fvnds can be used in acco¥dance th8 charitable objectives at the discreti¢)n of the trustees.
Restricted funds can only be us8d for particular reslricted purposes within the objects of the chaiity. RestrKtions
arise when specrfied by the donor or when funds are rais8d for particular Testricied purposes.
Further explar4tion of the nature and purpose ol each fund ￿ induded in the t)ot&s to the financial Slaterf￿nts.
Flnanelal Instrurnents
The charity only has finandal assets and financial liabllilies of a kind thal Qualify as basic financial instruments.
Basic financial instruments are initially r8¢0gnised al transactwjn value and subsequenuy measured al their
settlempnt value.
Del>t¢*rs
Debtors ￿th no stated int8r8St rale and ￿CeIVable withln one year ère ￿￿rded at transaction price. Any losses
arising from impaiment are recognised in expenditure. Prepayment5 are valued at the arnount p￿paIrt of any
trade discounts due.
Credltors
CreditoT5 are recognised Whe￿ the tharity has a present Ob￿gatIOn re5utting from a past event Ihat ￿11 probably
result in the transfer of funtjs to a Ihir(J party and the amount due lo settle the obligation can be tneasured
estirnated reliably. Creditors are n¢%malty recognised at thoir 58tllement 8rnounl after allowing for any trade
discounts due.
Page11
continued...

CITRUS ARTS UMITED
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlrtued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations
129
130
OThER TRADING ACTIVITIES
2024
2023
Hall hires
1,130
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Collaboratlon Incomo
Classes income
Event incorne
Grants
Other income
963
11,928
38,09)
109.569
1,931
30.094
29,956
157.148
3.143
184,730
222 272
Grants recèNad. includ8d in th9 above, are as follows..
2024
2023
National Lottery Awards for All Wal
Interfink RCT
Arts Council of Wales- Clock Goes Forwariy produeuon
Arts Council orwa￿s- Business development
rts Council of Wales- Ty Unnos proiect
The Fo￿e Foundation
A55ura Cornmunily Fund Grants for Wales
Cornic Relief Community Fund In Wales
Principality Fund- Trial and L8am
UK Government Shared Prosperity Fund Communty Grant
Ty Cerdd Lottery Grants." Createlcreu
Arnold Clart Communty Fund
Postcode Comrnun*ty Trust- Magic Grant
Westefft Pow8r Distribution- Community Matters Fund
Trivallis Community Investment Fund
Ashley Farnlly Foundation
Arts Ctsuncll ofWaks- Artworkers
Arts Council of Wales- Artworkets cost of living upjift
Tesco Community Grants- Artworker8
The National Lottery Cornmunity Fund- People and Places 3
RCT Community Facilities Grant
Co-op- Hall activity
9.980
500
2.999
10.000
40,002
15,000
4.697
30.582
4,800
13.938
1.800
1.000
500
9,040
1.000
11.330
720
34,050
41,220
5.479
500
25,940
540
109569
157.148
Page 12
conllnued...

c￿RUs ARTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS- CC*ntlnued
FOR THE YEAR ENDED 31 MARCH 2024
CHARITABLE ACTMTIES COSTS
Dlrect
Costs (see
note 71
Support
C051s (see
not8 81
Totsts
The prornotion ol educabon and tralnlng
in artistic pgrforrnan¢e
216698
12,073
228.771
DIRECT COSTS OF CHARITABLE ACTivifiES
2024
2023
Staff costs
Subcontractorfee
Training
Telephone
Travel and subsistence
Advertising
Sundries
Venue hlre
Costumeslpropslset eosls
other produc*'on costs
Room, storage & equlpment
IT costs
Insurance
Postage 8nd stationery
Bad debts
Fixed asset depreaatton
67,260
95,526
1,315
503
7,642
4.314
4.151
3.800
9,481
5,318
134,901
355
6,669
5.356
2,154
4,070
7.042
8,474
4,66t
581
1.613
186
1,079
1,951
174
4.389
2.801
218 698
178,428
SUPPORT COSTS
Govemance
Costs
Other
Totals
The promotion of edUcat￿n and training in
artistic performance
4.818
12.073
NET INCOMEIIEXPENDITUREI
N8t incornellexpenditurel is stated after ch8rgingllcredi*'ngl'.
2024
2023
Depre¢iabon- owned asse15
Ind¢pet￿ont èX8mination fees
3,295
2.985
2,784
1.750
10.
TRUSTEES, REMUNERATION AND BENEFITS
Th8re were no trustees, remuneratitsn or other beneffts for the yeai ended 31 March 2024 or for the year ended
31 March 2023.
Page 13
conb"nued...

CITRUS ARTS UMITED
OTES TO THE FINANCIAL STATEMENTS- contlnuod
FOR THE YEAR ENDED 31 MARCH 2024
10.
TRUSTEES. REMUNERATION AND BENEFITS- continued
Tru$tee$' eX￿￿Se$
Thère wère no trust88< expgnses paid for the year ended 31 March 2024 or for the year ended 31 Mar¢h 2023.
11.
STAFF COSTS
2024
2023
Wages and salaries
Social security eosts
Other pernsK)n costs
64,684
1,598
978
Th8 companys PAYE scheme became operationèl May 2023.
The average monthly number of ernployees durir*J the year was as follows:
2024
2023
Average number
No employees fecenied emoluments in excess of £60.000.
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fvnd
ReStr￿ted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and18gaoes
130
130
Charltsble a¢¢lvltlos
The promotion of educatron and training in
artistic performance
65,124
157,148
222.272
Other trading a¢ttwties
1,130
Total
66.384
157.148
EXPENDITVRE ON
Charltablè actlvitiès
The prctmotion of education and training in
artistic perf0m￿nCe
85.927
106,766
792,693
NET INCOM£IIEXPENDifuRE>
119,5431
50.382
30.839
RECONCILIATION OF FUNDS
Total funds brought forward
25,315
23.780
49.095
TOTAL FUNDS CARRIED FORWARD
5,772
74,162
Page 14
eonlinued...

CITRUS ARTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
13.
TANGIBLE FIXED ASSETS
Plant and
machinery
COST
At 1 Apnl 2023 and 31 March 2024
19,983
DEPRECIATION
At 1 Aprll 2023
Charge for year
9.173
3.295
At 31 March 2024
12,468
NET BOOK VALUE
At 31 March 2024
7,515
Al 31 March 2023
10.810
14.
DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2024
2023
Trade debtors
other deblors
Prepayments and a(Krued incorne
3,969
1,318
15.924
35,769
1,729
8.169
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Social sewrily and othertsxes
Othe¥ credito
Accruals and dèlèried Incom8
12,551
548
883
2,985
785
3,282
1.750
5,817
16.
MOVEMENT IN FUNDS
Ngt
movement
In funds
At
3113124
At 114123
Unre$trided funds
General fund
5,772
11.667
17.436
Restrf¢ted fvnds
The Foyle Foundation
Comic Relief Comrnunity Fund in Wales
Ar￿￿k￿r$
Ty C8rdd Lottery grdnl.. Create
Ashley Family Foundat¥)n
Citrus Pips
Ty Unnos project
National Lottery Community Fund
9,630
12,493
7,047
1.800
6.055
3.608
33.529
19,6301
112.4931
17,0471
11.8001
16,0551
13.6081
133,5291
74,162
73,0011
TOTAL FUNDS
18.600
Page 15
onlinued..

CITRUS ARTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
16.
MOVEMENT IN FUNDS- Continued
Net movement In fijnds. ineluded in the above are as follows..
Incoming
fe50ufc8S
Resource5
expended
Movernent
in funds
Unrestricted funds
General lund
57.868
142,2011
11.667
Restrlcted funds
Th8 F￿e Foundation
Comic Relief Community Fund in Wales
Artworkers
Ty Cerdd Lottery grant.. Create
Ashley Family Foundation
Citrus Pips
Ty Unnos p￿￿eCt
Shared Prosperity Fund
19.6301
112,4931
154.2461
{1,8001
16,0551
13.6081
133,5291
134.0501
17201
15401
11,1201
24 7791
19.6301
112.4931
17,0471
11,8001
16,055)
13,6081
133,5291
47.199
34,050
720
540
1,120
25.940
RCT ComrnuEiity Facilibes grant
Hall activity
NatSonal Lottery Community Fund
1,16?
109.569
182 570
73,0011
TOTAL FUNDS
167.437
228,7711
613341
comparat1￿$ for mtsv•mènt In funds
Net
movement
in funds
At
3113123
At 114122
Unr¢strlc¢¢d fvnds
General fund
25.315
119,543)
5,772
Restrlcted lund
The Clock Goes Forward
Lottery Communlty Fund
The Foyle Foundation
omic Relief Community Fund in Wales
Athorkers
Ty C8rdd Lottery granL Create
Ashley Family Foundation
Citrus Pips
Ty Unnos project
20.532
3.248
120,5321
13,2481
9.630
12.493
7,047
1,800
6.055
3,608
33,529
9.630
12,493
7,047
1,800
6,055
3,608
33,529
23.780
Y4,162
TOTAL FUNDS
49,095
30,839
Page 16
cont4nugd...

CITRUS ARTS LIM￿ED
NOTES TO THE FINANCIAL STATEMENTS - ¢ontinu8d
FOR THE YEAR ENDED 31 MARCH 2024
16.
MOVEMENT IN FUNDS- ¢ontlnued
Comparative nel movement in (unds. included in the above are as follow5=
In¢oming
r•$ources
Resources
¢XP8nded
Movernent
in fvnds
Unrestrlcted fvnds
General fvjnd
66,384
185.9271
119,5431
R#strlcted lunds
The c1￿k Goes Forward
Lottery Communlty Fund
The FOY￿ Foundation
Comic Relief Comm¥nity Fund in Wales
Artworkers
Ty Cerdd Lottery grant.. Creat8
Hall Progwamrne
Business Development grant
Ashley Farnily Foundatx)n
CitrLlS Pips
Ty Unnos project
Shared Prosperity Fund
Intertink
2,999
123,5311
{3,2481
15.3701
118.0691
17,7331
120,5321
13,2481
9,830
12,493
7,047
1,800
15.000
30,562
14,760
1,800
11,540
10,000
11.330
4,697
40,002
13.938
500
111.5401
110.0001
15,275}
11,0891
16,4731
113,9381
6.055
3,608
33,529
157.148
106.766
50,382
TOTAL FUNDS
223.532
192,693}
The Foyle Foundatlon
A grant of £15,WO was raceived in Ihe prior year as additlonal support agalnst specrfi6d bud9eted costs.
Comic Relief Communlty Fund In Wal85
Administered by Wales Council for Voluntsry Action IWCVAI. a$ part ol Third Seclor Support Wales ITSSWI. on
behalf of ComSc Relief. Grant funding of £30,562 was le￿1Ve￿ in the prior year.
Artworker$
Fundlng was Tecelve¢J during th? prior year from the Prinipalty fund £4.800 and the National Lottery Awards For
All Wales fund £9,980. Of this. an amount of £7.047 was brought fward to thi5 year. New ArtwoFker5 fundlng ol
£47.199 was received tn this year from..
Arts Council ol Wales- Ar￿0￿erS grant
Arts Council of Wales- Artwo￿8rS cost of livin9 urlift
Tesco Community GraDts- Arlworkers
£41.220
£5.479
£500
Ty Cerdd Lottery Grants.. Creatè
Funding of £1,800 wa5 received in the prior year as a ¢ontribution towards tho Cr8at81Cr8u protsect.
Cl¢rus Plp$
Fundiro of £4,697 was reeeived In the prior year from the Assura CommLtnlty Fund Giants lor Wales as
contribution towards rebuikjing Citrus Pips. work with young people.
Ty Unnos Projeet
Funding of £40.002 was received in the prlor year from Arts Counal Wales to fund th8 mountiThJ of a c4mmunlty
outdoor arts spectade explorlng issues connected with home.
Int8r15nk
Funding of £720 was received in the year RCT Autumnlwinter Srnall grants Scheme. This funding was fulty
spenL
RCT Communltles Facllltios grant
FunrJn)g of £540 was re￿iVed under this scheme and fulty spent In the year.
Page 17
conllnued...

CITrUS ARTS LIMrrED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS- contlnugd
Hall actlvlty
Funding of £1,120 was rec6ived from the Co-op towards hall actmty. Thls funding was fulty spent in the year.
Shar¢d Pro$perlty Fund
The UK Shared Prosperty Fund is a central pillar of the UK GDvernrnenVs Levelling Up agenda. The fund alms to
Improva prida In places and increase life thanges. Nèw frjnding of £34.050 was received this year.
Natlonal Lottery Communlty Fund
New fundlng was obtaine¢J this year for People and Plac£s 3 NatMJnal Lottery Funding. The projecl enabjed the
or9anisation to provhle subsidised community activlties and 5e55ions for youn9 people and families, lo prowde
ot desk facility for th days per week for those working from home to use the hall, promde warrn hub facililies for
home educated children. wrnmunity mernb8rs and communlty groups.
Prior
ear onl
The Clock Goes Forward
During the year, a final grant in5ts1rnent ol E2,999 was receiv8d for the final stages of this project. a project to
eelebrste Pontypridd 8nd it's community. This was lully spent in this year.
Lottery Communlty Fund
Funding received in previotrs year iowards a programme of take-part activities and community consult8tion
around Hopkins¢own Hall. Thls Inctuded wtsrkshops, talks and perf0m￿nceS. The final expenditure on the
projed was COM￿￿ted in 2022123.
Hall Prograrnme
Funding wa5 received from the lollowng funders towdrds our Hall programm8 of acti￿tIeS.. Amold Clark
Community Fund £1,000, Postcode Community Trust Magic Little Grant £500, Westem Power Dislribubon
£9.040 and Trivallis Community Inve51rnent fund £1,000. This was fully sp8n¢ in 2022-23.
Bu51ne55 Oevelopmenl grant
Funding of £10.000 was recelved trom Arts Counril Wales a$ a contrlbuuon towards strategy and development
work5. This was fully spent in 2022-23.
Shared Prosperlty Fund
The UK Shared Prosperty Fund is 8 eentr81 tmllar of the UK Govemmenl's Levelling Up a96ndo. The lund aims to
improve pride in place5 and increase lffje changes. Funding of £13.938 was Tec*ved and fuly Spent in 2022-23.
Interllnk
Gianl funding of £SOO was r8ceived in 2022-23 as support for comm¢Jnity-led organisations to dolivér aclivities.
Thss funding wa5 fully spent.
17.
RELATED PARTY DISCLOSURES
During the year fees 01 £9,98512023.. £68.011} were P8K* to key management peysonnel for the exchange of
Servi￿ prowded to the charity. The reduction is due to Ihe impbmentstion of a PAYE Scheme in 2023-24 Isee
below).
The total employee beneflls of the key management personnel of the charlty were £48.96212023.' £NIII.
Furthermo￿, trav81 c05ts of£2.07212023.' £3,754) were also pald to k$y managgrnent P8r50nn81 during the year.
Included withlTr debtor5 ts an arnounl of £3012023.. £4411 duè from key managetnent personnel.
Induded wTrthit7 trade ¢reditors is an amount of £2,33412023.. £Nill due to key management personnel.
Page 18