RegiSted number CE025889 Brecon Festival Ballet Report and Unaudited Accounts 31 January 2024
Brecon Festival Ball*t Report and accounts Contsnts Page Company information Trustees. report Independent examiners report St8ternent of financial Activity'es Balance sheet 10 Notes to the accounts
Brecon Fesllval Ballet Company Information Trnstèts Elizabeth Lyon Jeffreys- Chair Brian Kelly- résignèd Catharine Emma Sinnadurai Penelope Jane Ashby Lesley Walker Paul Sinnadurai Dylan Matthews- appointed on 171h June 2Q23 andresigned on 21stJ&nu&ry 2024 Ind8pend8nt Examin8r5 Catherine A Williams Limited The Old Bank Beaufort Crickhowell NP8 1AD Charlty'5 prfnelpal address Theatr Brycheiniog Canal Wharf Brecon Powys LD3 7EW Registered number CE025889 Registered charity number 1194326
Brocon Fo$tlval Ball•t Registered company number.. Ragistorèd charity numbor.. Trustees. Report CE025889 1194326 The trust885 present their report together wth the exiemally examined financial statements lor the year ended 31 January 2024. The finanual statements comply with current statutory requirements and with the requirements ol the charity's goveming document. The reference and administration details shown on the pcedIng page form part of thi5 report. structure, go¥•rnane• and managoment BrecDn Fesb"val Ballet Ithe charity) 15 8 charitable incorporated organisation ICIOI. The charty was registared with the UK Charity Commission on 4 May 2021 Ino. 11943261. It Is govemed by its Consts'tution. The Trustees who served the charity during the period were as follows.. Elizabeth Lyon Jefft8ys- Chair Brian Kelly- r8Signed Catharine Emma Sinnadurai Penelope Jane Ashby Lesley Walker P8ul Sinnadur81 Dan Matthews- appointed on Ilth June 2Q23 ènd rèsignetl on 21stJ8nuary 2024 Apart from the first charity trustees, every trustee must be appointed for a term ol three years ty resolution passed at a propedy eonv8ned meeting of the charity trustees. The Trustees are committed to the principles of th8 Charity Govemance Code. Obl•ets and actlvltl¢8 The charitable objects of the d)arity were for the public benefit. the advancement ol the performing arts, in particular, but not exdu51vely. by'_ lal ¢eveloping and p8rforming publicly dance and ballet perforrnances at the highest levels and making these accessible to audIenS not all of whom be already familiar wth such performing arts,. Ibl the provision of opportunities for the education, training. instructson and development of dance and b811et performers. The chariV5 main acbvity is to produce a professiCal perf0mlan of The Nutcr8d(er ballet annually in Brecon. organItiOnal review Even before the performances of The Nutcradler ended in Dember 2022, Brecon Festival Ballet's IBFBI Artssts'c Director, Katy Sinnadurai, started piannirE for 2023. At the start of the year in February the Trustees 8greed and signed off the budget. The focus lor the first five rnonths was fundraising, including applying for grants and sponsorship bmth the objectNe of covering the cost of the next producti(.
Brecon Festival Ballet Ragistered company number: Registered charity number.. Truste95' Report CE025889 1194326 In Febnjary on reviewng the 2022 production and identifying priorities lor development for 2023, the decision was taken to establish Brecon Festival Ballet's own orchestra for the Ghiistm8S production. Followng rèstrarch and meeting potential conductors, Cardiff based Eugene Monteith was appointed Musical Director to recruit rnusician5 and conduct the new Brecon Festival 8allet Orchestral to work wth the ballet company at the agreed dress rehears815 and at 5 perforTn8TIS ol the Nutcrad¢er. In 2023 the incredibly hard-working ¢05tume making team donated cOune$S hours cr8ating beaullul new costumes for the Wahz of the Flowers. sn August, a professional d8ncer5' rehearsal week Saw 8 few Nutcracker rehearsals but the main purpose of th8 W88k was to creste brand new chor80graphy for a Spring 2024 production of a new ballet to celebrate Welsh culture. entided"Tanio'r Ddraig In September. 8 series of auditions were undertaken for crung the community & professional casts for the Nutcracker production. Rehearsals then continued every weekend throughout the Autumn. Snowfiakes Choir was recruited in Ootober, rehearsals then followed every Sunday until the perfom)ances in DeMber. October also Saw an intense week of rehearsals wrth the professKJnal danr$ working on Nutcracker choreography with the Arbstic Director. AJI the performers then carne together for an intense production leading up to the successful S perfomiances on Dember 15th- 17th. PulAi¢ B*n•fFI This year BFB continued its policy of invityng members ol the local community to Spar onstage and helpout back5tsge, alongside professional dancers and musician5. Giwng local dance students the unique opportunity of perfom)Ing alongside the profe5siona15 15 one of BFB'S key aims as a charity and the children have said how Inspiring the exp8rienc8 was for thern. This provides a unique learning opportunity to experien high qualily art firstthand and to be part of the huge team effort quIred to stage a full-scale production. Brecon High School re inffiied to attend the dress rehearsal as soma of thÈ dancers we previous students (see note of appreciation In'Audi8nce Cornments, later in this reporti. It 18 8 truly Welsh NUraCker. Of the 160 people involv&J 140 are trorn Wales.. Of the 27 professional danr$, 13 are We15h and 8 trained in Brecon. The 30 professional tnu51cians are all based in Wale5. Of the 36 ballet students, 32 are Welsh and 29 train In Breton. There were 14 singers in tt)e Choir. 17 adult actors and 34 off-stage crew. all from Brecon and the surrounding area. As part of our Public Benefit SponSibl1e5 BFB update5 and signs off its policies and action plans each year these In¢lude. safeguarding and risk asses5rnent," and an equality, diversity and an indusion pdicy.
Brecon Fastival Ballat R¢gist&r¢d company number: Registered charity numb•r: Trustees. Report CE025889 1194326 Achi8v8ments ond Performance For Brecon Festival Ballet. our December 2023 performances of The Nutcracker were, in some way5, a test. firsuy to see if audiences In Brecon would be keen on the concept of this fe5tiv8 balK8t being repeate(l annually at Christm85185 It is by ballet companies all over the worfdl. secondly to see whether. following Covid and in the miclst of a cost of liwng crisis, audiences would be prepared to spend money on tickets lor a night out at the ballet. The answer was ye5. Totsl ticket sales reached 1,839 for the 5 perfomiances. an In¢aSe over thè previous year of over 100. This is a significant achievement for a town ol approximately 8.000 residents. It Was notable that this year, just over half of ts"ckets sold were bought by audience members liwng outside the LD3 p05tcode 8rea. meaning that our reputation is spreading and more people are travelling into Brecon to see this production. This is a re81 boost, not only to 8FB, but to Theair 8rycheiniog and the local economy of the town. with BCOn-baSed businesses and hospitality all benefitting from Nutcracker visitors over the weekend befo Chr15tfflas. The production received a review written by the Assistant Arbsty'c Director of Maine State Ballet. USA, who travelled to 8recon to watch and review this year's Nutcracker, which wa5 pU1$hed in the Brecon & Radnor and on social media. Please see review excerpt5 and some of the audience comTnents received below. Nutcracker Rovlew Fesfive th88tr6goèrs and ba118tomanes. 8long wth bright-ey&d 8nd eeger children, ush8r6d in Ihe season on Decemb8r 15th 81 the opening nighl of Brecon F8StIV81 Sallets now 8nnu81 P8rform8llGes of The NutGr8Gker at Ihe Thealr Brycheiniog. Artistic Director Kaly SinnadtJr8i brings the entire commijnity logelher for Ihis holiday classic. featuring over 80 Ioc818ncl professional dancers, th8 lovely Brecon Festival Ballet Orch95tra, under Ihe bèforj of Eugene Monteith, and a h88V8nly chtyr to boot......... As is typical, many leading role5 ar8 shared among the dancers. On opening night. Lowli Sh(Ine r&pns8d Ihe role of Clara with childlike wonder. paired 1h n7agnificent lin6S and techniqu&. Hèr Nutcracker Prince. danced by Joshua F&ist. Wès 8qiJally impres&v8. Th8irpas de deux work was seamless, and both expr8ssed the exiJb8rance of youlh d8manded by the ballet &mil8r kudos con be expre55ed about the altefflate perfom)anc8s of Clara and h8r Nutcr8Gker played by G8orgia Smart and K8mal Sftngh. They were eoually expr8ssive and worthy of praise lor Iheir beaufrfuldancing, 8Gling, andpartnering......... Ms Sinnadur8i particularly shines as 8 choreograph8r in her cOS d8 b8llet work. Th8y W8re slrong and well-reh8ars8d and consist8d of map)y prof6SSIOn81s and somp well-tr8ined bcal dancers all working 8s one. Original Snok¢o78ke costum8s. as well as the Snow Forest backdrop, for thi5 arjd other danc8S W8r8 Greated locally. by artist Gemma Schiebe endby c05tum8 designer Rachel Giacconne ancl her team of vol(JnteercostUm8 m8kers.........
Brecon Festival Ballgt Registered company number: Registered charity number: Trustees. Report CE02S889 1194326 Natasha Trigg was spectacular as the Sugar Plum Fairy. Her razor-sharp tsGhnique and strength P8ir8d with 8 calrn sglf-assurance revealed thal she w8$ the true queen of the land Her G8V81ier. pl8yecl by J8cob Hoffls8y, 8xpressed &qually beauts.ful lines and feet, complementing Ms. Trigg with his fine partnering.. Once eg8in. the Wallz of the FIow8rs d81ighlfully showgLI off th6 Gorps b&1181 with arguably Ihe fftosl quint&5senfval music from Tch8ikovskys Score. Finally, the rigorou5 but elegènt grancl pas cle dets¥, v8riations. and coda, danced by Ms Trigg M. Hornsey. as well as Ms. Ross and M. MoorGroft. 18ft ijs breathless with wond6r. Ms. &nnadurai, the casl and ¢rew. the orchestra, and Ihe ch¢yr, should 811 b& proud of pr8S8nling 8 truly Welsh production ol Th8 Nutcrack8f. For Images h s'IAYbW4. m please click gallery Audience Comments 'We've just arrived home from our first ever visit lo live ballel and are utterly and completely enthr&118dl What a 1rf8-changing 8xp8ri8nc8 it was. W8 just adored it and w8f8 totally 8bsorbed from beginning to end" 'W?at an utter triumph the Nulcracker was yesterday. Such a credit to Brecon ancl a EesEam@nt to Ih8 harcl kvork which had c18arty gone ijjto the produclion W&ll done everyone." 'Just wanted to say how much l enjoy8d Ihe Nutcrock8r You have ¢re8ted somelhing so special and the almosphere and Quality of the who18 Show r6ff8Cts Ihatprid8 and joy of th& whole Gommunity involved And Ihe whole auLlience from bvh&t I h68rd f< thé s8m8. I think ils a rar8 Ihing th8se days for a professional company. I reallyf81t quit8 8motion818tth8 end!. "Congralulalions on ènoth6r W(derf[l produGtion of Nutcrackorl Ihank you so rnuch for aej9 to allow Br8con Pligh pupils to walch. The position gavE pupils a lant8Stic view of Ihe stage and th8 Plt so they were enlhralled from the moment they sot down - and some we al9clY asking If can com8 again nexl ye8rl" Donated tlme & help in kind Brecon Festival Ballet benefits from the considerable amount ol volunteer tsme and help in kind that is provided thioughout ihe year to enable the staging of the Nutcracker. In 2023 the value of donated time covered." teaching. choreography. marketing. grant applications, coslurne & snery hira. liaison with professional dancers and musicians, general administration. £28,000. And donated ts'me covering finance, accounts, administratson of Friend of BFB, dancer's contracts. Covid protoco15, theatre contract. dressing rooms, general adrninistration. £15,200. The value for studio hours given free by Theatr Brycheiniog for classes and rehearsals £6,868. Technical time given free In production week by Theatr Brycheiniog. £2,100.
Brecon Fe5val Ballet Registered company number: Registèrèd charity number.. Trustees. Report CE025889 1194326 Hours given for free by Ial costume Makers and artisans making costurnes, Snery and plop creation. £3.000. 8recon Festlval Ballet gratefully 8cknowl8dgès the glft ol a Harfgquln dance Iloor from Birniingham Royal Ballet, BF8 have donat8d it to Theatr Brythelnlog for use on stage for any productions they choose, particularly dance cornpan18s perfomiing at the theatre. Value £30,000. Totsl value of donated time, help In klnd and glft. £86,168. Related parti•s Brecon Festival 8allet's relationships with Theatr Brycheiniog and Mid Wales Dan Academy are fundatnental to its SUC$$ and sustainability, and to rts position and perception wthin the community. Other finanaal stakeholders we gratefully acknowledge Include.. Bcon Town Council, the Bannau Brycheiniog National Park Authority, Derrill Alatt Foundation. Powys Welsh Church Act Fund. Margaret and Gwendoline Dawe5 Charity, 0.0Y Carte Charitable Trust, The Oakdale Trusl The Gibbs Trust, Audrey Tyler Trust 8nd rnany connected community groups and user5. Flnancial Review As can be seen in the Ststern8nt of Financial Activities lor the year ending 31st January 2024 and the 8alance Sheet as a 31st January 2024 (pages e-10 and related notssl 8FB continues to operate on B sound finanaal basis. Points to note. Income has increased to £91,1841£80,540 In 20231 due to an increase in tid(ets sales. 8 81ight increase in ticket pri and a slight increase in grant income. Expenditur8 has incr8a88d to £88,203 (£81,340 In 20231 due to an inease in the number of days professional dancers were engaged in this period Iparticulady in the August rehearsal weekl, preparing for April 2024's new creab'on and also in bringing all dancers, pay in line with the National Minsmum Wage. due to an increase in the number of day5 profes510n81 danrS we engsged in thi5 period (paCul8Y in the August rehearsal weekl. preparing for April 2024's new creation and al50 in bringing all dancers. pay in line wrth the Natsonal Minimum Wage. Becoming a charity has given us the ability to appty for additional lunding opportunits'es, and also to dairn Gift Aid donation5.
8rncon Fe6tlval Ball•t Reglstered company numb•r. Registsrod charlty numbgr: CE025889 1194326 8FB werè Unatr io rai mcfiey from the Us1 SrceS Éuch As bag and 8PDrffjored events due to a thged FAXt-CovKI bLrt %sve successlul in somè 8PFlKa9l4 an(È lauFKhI9 a new FrieThJB sd)eme. BFB 8180 re1ved indivual ¢Jorratsons. ojn Fesliv31 Bdlgt's tx'gge8t &xpense 1$ 1h6 (y)st of pawng thp prof rJancw6 and mu$ic4an$. which are funded Ihrough a cc¥ntsnats"on of bckel income, (SDnations and small grants. It is a challange e8ch year to raise tl frdl costof the performCe season in alfvance. bui BFB have athieved tt)is every year since 2019. However, complaeency is not Sn optyc CoMtItIon for gr8nt8 Increases every year and 8FB must contsnue to seek out rw s(¥jrS of fundlng K it warts io ke8p bringing high qualty dan and music to aL¥Jlences 8nd particJ'pAn13 in rural mi&Wales, in lir Our charitabl8 wrposes. Fund balances at tho arKI of the year ¢xried foNafd were £32,126 85 r•sarves w'rva inlo to the year. PIIM flxtho Fuiure In 2024 BFB for the first time. 14 prasent 2 di1rnt productg)ns In one year. On Awl 61h and 7th 2024, a new double trl'll. rxn8islTrJ ol Act 2 trL Swan Lake Ittte lknite fforn the wcrfld's most fwnous ball•0 and a new ballel eth.ued "Tanio'r Ddi8ig'. cxe8ted by wr Attistits IreCt, Ksty Sinn8durai. Th ballet 18 b88ed ors wd14oved Welsh soros familpr to our audience (such as Sospan Fach anLI klyforMyI, with 8ddits"(Mal mts&t eA)mposed and pL8yed INe by le] pianist Penny Hughes, origin&l de8igns ty Iccd 8rti8t Phil Clwk. ExCn9 Ume6 for Brecon Fo9ty"val Balleti The Trustees are responsible for prepartng the Annyal Repvrt and the financial ststgments in accordan applicAb law and for beiNJ satisfied Ihat th8 finanoal ststements giv& s Inje and lalr wew. Th& TnJst6es 8re al30 re8W61t4e for prgpairy the finandal statements in anCe yth UK Acownbng Stondard8. The Twglpes are responsibL8 for k8eiyng •dequaie 0Unb.ng rectrd8 that 8how and expl8Tn I charity's tr8nBactions and di8d¢)se th reBsonae ac(x4racy at any time financial wgbon of the charity. The trustee5 8Fe respOnsble foi saleguardin9 the th0rity8 a8sets taking règ5(xtaiAe 8tepF Io prevent and det8i*frau¢J and oth8r legUlarlh$S. This rq)ort was approv&l by th8 tM>8fKI on 1616 tt024 and signod by its chair. Lyon 171.l ll024 CIAir of the Trustees
Brecon Festlval Ballet Independent gx?miner8' report to the bo8rd of trusteas on the PreparaOn of th• unaudlted accounts of Brecon Festival Balletfor the year ended 31 January 2024 We report on the examination of the accounts ol 8recon Festival Ballet for the year ended 31 January 2024 thich are set out on pages 1 to 11. Respe¢tlve re$pon$lbllhle8 of trust and ¢xamlner The Charity5 trusiee5 are re5ponsiNe for the preparation of the accounts. The Chaiivs trustèes consider that an audrt Is not Quire(l for this year (under section 144121 of the Charities A¢t 2011 (the 2011 Act) and that an indep8ndent 8xamination Is neèd*d. It is our responsibility to., examine the accounts under secty'on 145 of the 2011 ACL - to follow the procedures laid do¥m In tt)e General Directions given by the Charty Commission under section 14515llbl of the 2011 Act',and - to state whether parb"¢ular matters have come to our attents'on Bas18 of the Independent examlner's report Our examination was carried out In accordance wrth the Gener81 directsons given by the Charty Commissioners. An examinats'on includes a review of the a¢countsng records kept by th8 charity and a comparison of the a¢¢ounts presented with those records. It also indudes oonsideratson of any unusual Items or disdosus In the accounts and seeking explanatsons from you as trustees conceming such rnatter5. The proodures undertaken do not prowde all the evidence that would be required of an audit, and consequently I do not express an audit opinion on the Mew given by the account5. Independent examinerfs statement In the course of our exatnsnation. no tnatter h35 corne to our 8ttention". IA) which give5 us reasonable cause to believe that in. any material respect, the trustees have not met the requirements to ensur8 th81', Proper accounting record5 are kept in accordan with Section 130 of the 2011 Act,. and 8ccounts ar8 prepared which 8gree with the aKounting records and comply with the accounting requirements of the 2011 Act,. or IBI to which, in my opinion, attthntion should be drawn in order to enable a proper understanding ol the accounts to be reached. Catherine A Wil lams Ltd Chartered Accountants The Old Bank Beaufort Street Crickhowell Powys NP8 1AD 18 ib. 024
Brecon Festival Ballet ststement of Financial Activities torthe year ended 31 January 2024 Note Unrestrictèd funds 2024 Rè$trlcted fvnd$ 2024 Total fund3 2024 Total funds 2023 Income Donations and legacies Charitable activities Other trading activities Total income 8,925 66,858 6.801 82,584 8,925 75,858 6,801 91,584 10,938 63,644 5,958 80,540 9.000 9,000 Expenditure Raising fund5 Charitable activities General administration costs Governance costs Other operating income Totsl expendire 1,618 78,187 1,464 1,334 1,618 84,187 1.464 1,334 1,031 77,769 1,281 1,259 6,000 82,603 6.000 88,603 81,340 Net èxpenditure 19 3,000 2,981 800 Transfers belween fund5 Net movèment In funds 3,000 2.981 800 Reconciliation of fijnds.. Total funds brought fOard 29,145 29,145 29,945 Totsl funds earrled forward 29,126 3,000 32,126 29,145
Brecon Fosllval Ball•t ReulBtsrod numbgl: R•gkntsr charlty numbw: 8alan¢• Sh••t as at31 January 2024 CE025889 1194326 Totsi Fund 2024 Tol8 Funds 2023 asgd8 21 Current as8•ts Debtors C8¥h at bank 8Tr1 in hand 570 27.753 3.212 30,985 Crndltors.. arnounto tslllng th vAthln one year (2.5291 11,8411 32.126 29,124 32,126 FundB Unrestrthd lund6 R•gtr'cted 29.126 29.145 Tot•1 Fund 29.145 Th8 tru8to8s are $0ti8fied fvt c*wrty entlU8d to oxoffipti from lh& requirernont lo obtain audit underthe Ch#ribe3 Act 2011. The InJst8es 8ckno1ed9e thelr resFonsibili)es forc4)mpWng wtti reqUIrern5 of the chare5 Act 2011 with resrEct tr> accaunb'rKJ records and the prepar8b.on ol accounts. Lyon J8ffrey5 )pThed bythe Chaw ofTfustse$ on 171 612024 10
BY•¢on Fèstlval Ballot Notes to the Accounts forthe yearended 31 January 2024 1 Accounting poli¢i98 8Asis ofpreparation The accounts have been prepared on the accruals basis uncler the histoncal cost convention and in accoriSance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Ststement ol Re¢ommended practi applir2ble io charities preparing their accounts in accordance with the Fln?n¢l?Ipoll¢y Brecon Fe5tlV818a118t Operates a prudenl financial policy whereby it raise5 the total costs of production prior to opening night for each season. Earned income from charitsble activities 15 ringfenced lor the following year's productionlsl, consts"tuting reserves for the charity. Income Income from donations or grants is recognised when there is eviden ol entiUement lo the gift, ceipt Is probable and It5 amount can be measured reliably. Grft Aid Gift Aid re1Vab is induded in income when there is 8 valid declar8b.on from the donor. Any Gift Aid arnount recovered on 8 donation is considered to be part of that gift and is treated as an adclition to the same fund as the Initsal donats.on unle55 the donor or the terrns of the appeal have specified otherwise. Expendltutp Expenditure 15 recognised in the period in which it is incurred. Costs of charitable activities comprise ol expenditure identifiEd a5 wholly or mainly attributable to achieving the obiectjves of the charity. Tangible fixed assets Tangible fixed assets are measured at cost le55 accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated lo wrrte off ihe cost. less estimated $1¢ual value. of each asset evenly over its eypected useful life, as follow5. Cornputer Equipment over 3 years Assets Basic financial assets are initl8lly recognised at transaction prio including any transaction costs and subsequendy measured at amortised cost detennined u51ng the 8ff8Ctive interest method. Liabilities 8a51c financial liabilty.es are inib'ally recognised at tran5aotion pri net of any transaction costs and SL*)sequenUy Measur at amottised cost detemiined using the effective Interest method.
Brgcon Festival Ballot Notss to the Accounts for thtr year ended 31 January 2024 2 Anatysls of Income 2024 2023 DOnaOn$ and 18gacle8= Donation5 8,925 8,925 10,938 10.938 2024 2023 Charitable actlvltl•s.' Ticket and merchand15e sa$ Grants- Audrey Tyler Trust Grants- 8r8ckno¢k Art Trust Grants- Brecon Beacons National Park Grants- Brecon Town Council Grants_ Demll Allatt Foundation Grants- PayPal Giving Fund Grants- Powys County Counul Grant5- The Foyle Foundation Grants- The Gibbs Trust Grants- D'oyly C3r8 Chartiable Trust Grants- Margaret Davies Charity Grants- Powys Welsh Church Act Fund Grants- The Oakd8le Trust 45.858 1.000 40.593 1.000 1.000 5,OCN) 3.0(K) S.OLX) 3,000 5,000 51 1,(KlO s,0 2.000 1.000 4,000 4.000 5.OQ) 2,000 75,858 5,000 58,644 2024 2023 Othèr tradlng actlvltlè8'. Advertising income Friends mernbership income Fundraising income 940 5.671 190 6,801 990 4,795 173 5.958 Ttstsi in¢oma 91,584 75,540 12
8recon Fe5tlval Ball&t Not•$ to thè Accounts for thg yoar ended 31 January 2024 3 Analy818 of Expendltur 2024 2023 Ral$ing funds.. Advertising and PR Printing costs 1,224 394 583 448 1.618 1,031 2024 2023 Charftable actlvltl&s'. Orchestra and rnusic lees Self ernployed dance Costurne Scenery and props Show produ¢tionlmanagernent rA)sts Merchandise Venue hire Video production costs Accommodation for dan Travel and subsistence Equipment hire Commissions payable C(Knpuler expen5e5 Sofiware 21.920 32.531 1.681 1.055 5,724 955 9,705 26,526 26.216 2,094 3.490 2.763 1,274 7.995 398 4,160 62 430 2,361 7,030 400 2.682 403 101 84,187 77,769 2024 2023 Gtneral adrninlstratlon costs.. In5uranc8 Medical, training and welfare Depreciation Storage 213 95 70 21 1.095 1.281 21 1,230 1,464 2024 2023 Governan¢9 ¢o¥t8= Independent examiner5 fe85 Other legal and professional 1,194 140 1,334 1,128 131 1.259 Totsl expenditure 88,603 81,340 4 Independent Exarnination Fees The Independent &xaminers' fees for thè period ending 31st DeGernber 2024 were £1,194 12023.. £1.1281 and We unpaid at the yearend. 13
Brecon Festival Ballet Notes to the Accounts for the year ended 31 January 2024 6 Employ808 2024 Number 2023 Number Average number of persons employed by the company 6 TAnglble flxed assets Plant and machinery etc Cost At 1 February 2023 At 31 January 2024 63 Depreciation At 1 February 2023 Charge forthe year At 31 January 2024 42 21 63 Net bc*ok valye At 31 January 2024 At 31 January 2023 21 7 Debtors 2024 2023 Trade debtors Pfepaymenls 27.486 267 570 570 27.753 8 Creditorn: amounts falling due within one year 2024 2023 Trade credito Accruals Amounts owed to trustses 770 1.343 416 1,425 416 1.841 2.529 Accrua15 are made up of the Independent examinerfs fee for 2024 of £1,19312023.' £1,128) and ballet coaching fees of £150 Invoiced after the yearend. Amounts owed to trustees of £416 relate to use of horne as Offi eypenses for trustees lorthe 2022 yearend which are yet io be reimbursed. 14
Brecon Festival Ballet Notes to the Accounts for thè year ended 31 January 2024 9 Funds Fund balan¢es brought fOard Fund balaneès Expenditure earried forward Incom6 Unrestricted funds Restricted funds 29,145 82,584 9,000 91,584 182.6031 16.0001 188.$031 29.126 3,000 32.126 29, 145 10 Tronsactfjons wlth Trustees and related party transaction$ No Trustee received MUneratIon or benefits from the charity during the year ending 31st January 2024 for their role as trustee 12023." £nill. Two Trustees were to be reimbursed a totJl of £nil for use of home a5 office expenses during the year 12023 £nill. As at 315t January 2024 an amount of £416.00 was owed back lo Trustees for reirnbur5ed expenses and indL¥Yed In other creditors 12023". £416.00). During the year the charity paid 1,000.00 to Trustee. Lesley Walker, for her loss of s81f-employment eamings during the week of the show in Decernber 202312023.. £10001. During the year the charity paid £1,000.00 to Trustee, Catharine Sinnadurai. for hèr loss of self- employment eamings during the week ol the Show in Decernber 202312023." £10001. During the year the charity paid £1140 to Josie Sinnadurai lor social media work and as a self- employed dancer. Josie Sinnadurai 15 the daughter of charity Trustee, Catharine Sinnadurai. 11 Charfty InforniaOn 8recon Festival Ballet is a Charitable Inc(Kporated organisats.on registered In England and Wales at Companies House, registraty'on number CE025889, and a registered charity, registr8tion nurnber 1194326. Its principal office Is.. Theatr Brycheiniog Canal Vvharf 8recon Powys LD3 7EW 15