2025-01-31-accounts

R4i$lgred number CE025889 Brecon Festival Ballet Report and Unaudited Accounts 31 January 2025

8recon F•sti¥al Ballot Report and aecounts Cont•nts Tru$t••£' rtpjrt Indepgndonl •xarnthers rgwl stsi*m8nl ol fin•Ac￿l Ae¢Mb Bala￿ sho¢l 10 11

8r•¢on Festoval BallBt Coffipany Infornxtlon Eli£ab01h Lyon J#lfr•ys- Chair aihsrin Ernme Sknnadur81 Penelope J￿8 Ashby L661ey W￿￿•1 Paul Slnnadurai Ind•p•nd•nt Exarnln•rn Cathorina A Wllsw Umlf•d Tho Okl Ba Be8ufort CrlckhowBU NP8 IAD CharlW prlnGlp•l addf• Theatr ¢n￿ Wharf Broc Powy LD3 7EW R•oht•Y•d nymlJ•r CE025889 11•9it•r•d tharfty nurnb•r 1194326

8r•con F•gli¥al Ball•l Rgl$t¢red company nurnbor". Regl$tered charlty numbèr". Trust￿$. R•port CE025889 1194326 The trusloes presènt thelr r8port twher wlth the exlemdly examined finan¢i81 ststemenls for th af ended 31 Janupry 2025. The finwid ￿#tM￿ with curronl r8quirgmen18 ond Trmlh the reQuir•M￿lI af Ihe ¢hariVs govemino ￿0￿m•￿t. Tts roferwK• adminithi tknl$ shY4rn•nc• •b￿ rn•TW•m•nt ¢horlty w88 WWI IM UK Chwty Ctynfflknsl￿ on 4 W 2Q21 Iw 11943261. 111• ¥Mmed by Its c￿li1u￿¢￿. Th• Tn￿l￿S served Ih• tharity durfnq th• as frItr￿.. Ellubelh Lyon Jellrey8- Chair Brian re81￿￿￿ oft Ioln fvlrl> 2024 Calhafin• Emrna &'nnHdsJfai Pondopg ja￿ A•lty LMl•y Walkgr po￿ Sinn•dur A￿11 rrvm th• tharity bu$t•es. ev•ry trusts• must be appoinlod for i i•Th of thrn• wrs by a rn8c4ulon p8s¥ed at 8 preperly corwened m8ebng of th¢ ch8rfty truBIg8& Th• chBrabkn objects ol lh• th•ilty wern for th• publc Ihe of I￿ p•rttsrmlng n8. ￿ particular, bul not •xdusively. by.. lal +Jevekyng 8nLI performirva dance and ballot perform8nGes at th8 highest levds maklTrJ Ilwe acc8s#it4e noi ￿ of whorn be already famil￿￿r with such perfollnlng arts.. Ibl Ihe kmlBion of ¢pportunitigB for the ethcat￿. Ir8iniryJ. 08volopm•rt ￿ ¢nc4 and b&¥o1 p•rfomiÉ The ¢h8rWs main Is b produce • p•rfThnc• of The Nu¢tyaGker annts• In 8fWI. Org•nlMtk>n•l r•vi•w In 2024 BF8 for the flfst tirne. pre$￿ted 2 drffewi p￿￿U¢￿(M in on8 year. 6th and 7th 2024. 0 now double ￿. ¢cffj$t51ry ol Aci 2 from Sw Lake lttw frrn th• VKJrfd'& most famous bdlell 8FNt • new blpt onutted T8nvYr DthW. ¢r•abJ ty our Art[* IJIe￿l￿, Katy Sinnadural.

8T￿0￿ Fesllval 8allet Reglstered company numb•r: Roglstsred charlty numb•r: Tr￿1￿￿. Rgport CE025889 1194326 Thi$ n¢w bollel Is bosed on y￿t0¥￿0 Welth suYJs lamikar to ow aud￿nCeS (such as S05pan Fath aThJ M￿anWYl lth an ort5Snal score by wolossion81 ￿an151 Ponny Hughes gvo¢aU¥• by loc4 arosl Phl il r•cthvod •thusiasbc •udhrK• res￿￿•8 8nd critical

tt481rn. Two Ihirtt? of 1*gts x4d, 8nd Roy Nrt4e CBE was so ryessed wityl these

Dductkjns Ihat he BFB￿ HoTrxary p￿trc￿. Brwn F•sbval Ban8ts lufvs¢40 producb¢)N of Iho NulL¥8d¢er is bc4Juc8 danc8 ol such lJh quallty 4nd larg6 scale each >wr b￿U￿• ol Ih• cwnl•85 of vth don•. pro kn￿. by a Iw• toam of ¥￿nI••I, lrndudlng the cor• cp•r81kn)o1 t••m ol Ihe th8rity1thg Die¢d¢x #Ad Ch8rtty Sgcrataryl. Publlc B•n•fft OF>st&aa and b•GkslaB•. Ihe nurnw ol lo￿ invofved was ihan M. tho phys& arKI rnenlal health bensnis 8SxJated lth dorw wlih bthn9 part of a blg learn. al wthlng a commft kw. GNSno ¢Janc• Stud￿tr I￿ ¢¥¥ylunty rj porforirty alw8￿0 lh• prrrf88wonals 18 one of BF8'$ key alrns as 8 charity and Ihe chi￿￿en have sdd Inwrmg the expenen¢e was lor th•m. This prowdes a untque oPpo￿nIty lo eypertertt qualty art fir51.hand and to bp part d th• hugt igam offort r￿q￿rea ￿ $thg¢ a fuW%ale productth). 8F8 its pdicy of InvlUThJ rnvmber5 01 the kxd comrnunty io appear on¥g• aThl bath8tOW, profe581on dan¢er5 #nd muskn"ars. Our Nutua¢ker also provth5 ow rnary Welsh tlancqrs and mubn¥ vAlh 8 t￿1 of rnurabnegded employmont- and a chanc• ts> dI¥￿ayth￿lI skrfh as pertwmorn kn thair Lyowd'l P4wi Hl9h Schcd Invit•d ts attèThJ the th•ss rohearBal 88 6ome of th• dane•r8 We a trLly Wdstt Nul¢ra(w. Of Ihe 166 peoplo 149 are Waes". . Of ts 23 FTofessIon￿ dancern. 10 arE We15h and 6 Brwxjn.

BrnGtsn Fbstlval 8JHet Règlgtered company number: Reg151oTed chartty numbor.. Trust•es' R•port CE025889 1194326 30 proles$ion81 Mus￿anS are gu baJ Sn Ws. 01 Ihe 44 ba￿ gludents. 41 We15h •nO 30 tr'n in Br•& Them 14 singers In Ihe Chyr, 21 ¥d￿l 8¢kn ond 34 41 Ircm 8ro¢on and Ihe Sury￿1ng ¥re4. A5 part ol fwi PLJbHc B8nefft respon5iblM¢$ 8FB upd8lEs arld sbns off ts ptlidos and Flans h year" Ihe8e safeguarding ond asSesw)￿l'. an equality, dIvO￿tY 8nLI an nchthh￿ pcly. Our evqr tt6k¢t many M￿bern ¢4mmeTh￿ng that BFVI Nutcrack•r waduthkjn ha8 bacJ)me a rngLlar part of fv4r Chrt&vnas. Th•atr 8ryrknniL¥'8 own rwl that 84 % of èti•nd•rn ffi 2024 had 8•0n Ihq bql191 Wt¥e wlh 16 % firsl bm• r)J8lomor5. Mor• ckets x4d ever befLYe, o¥er 60% sdd to audlwK• mem￿rg QUtsk1e LC3 and over 80% attended Nutcr8cker In >wrs. TB 0•1￿￿9r sati8(8clon w88 8%tr4mely h&h. ond tho fve p•rtormanc¢8 have brought in a uwifunl T￿nI of 8e¢orth lo tho Ih•atr• l.•. cai parkn'ng. ice cieam& c•lè bar. This In lum pffjwd88 Theatr a ￿¥bIg Chri#lmB8 8hty¥ and th• iown of Bro wllh prtrChriYb7)￿ fironctal twgt of ￿ Snlkw ol wsltonB in the weekeTrl ￿TOr8 Chd5tmas. Audl•n¢• Comm•nl• You shtyjd go and see tt -W￿t 8 loy0￿. iowws evenlno. ..8xtraordlnary. Whai an Incr•dltrl8 •￿￿￿¢ ol cr•8Jvlty. An>rn• In th• t￿￿0 mov•d •molkxwUy, 8hDLAd go 8ft0 $•e ab￿1 il 511 Wore youl 11 should be p•rtormod scm•kntsr• •lse . NabOn￿ EY61g¢dlodd - It wruld b? wondprlul e¥lroV894nza il thhl were ￿Opped knl Wel see ttl h th81 h %¢41 in f8fa be rrtom￿I )ma¥th•re elGa. It da8eThÉ8 It. ifB such a profile ol Wak&, ifB qult•, quite axtraordlnary. I canl find I Iha wwd8. ￿ause IL need a dicti￿ry rgaly to doscth t￿ axc8#enc& ol the evenkng. WBII £￿￿￿1¥11￿$ * thdytoly gv•ryMw." IROY NtsLqv. R•dlD WJtg9 prB$entsrl 'An kncredlt40 And an 8mazkny porftymanc•. li * aN¥ay8 a ￿•asur compMYfr Ihonk you for keeping I￿91 thg In Wales" 'UCng￿a￿h￿4dau •ftla￿. Tano'r ddray was v8ry•moticml and beati1￿ triljule to Tho Songs ol Wdes! 11 was my fsl b81gt gxpgrfenca. Urdd B￿nI¢>3 J Maesyftd ￿a￿e 98tlhls bBlal lo tha ofwal8BI yn 'Juii got back from wstclmg TaniD'r D(kay and Swan Lake Ad 2 al tha thè8lre and just iJ I lend y¢u ) qvl¢k mes¥ge ol torygttlBlpJn$. W Ster l tr￿￿￿11 Wo$ ob￿￿telY wMderfi￿, ènd judging by the resprxTrso of p80• around eV•￿y else ¢#d You must t very proud ol beaulilLA dwiceis. the rKI evwe alle ¥wthrv4 in Lhe b*ound. Ju81 fab." (Shela Normanl

Br•con F•stlval Ball•t Roglst•red company nuM￿r. Rogist•r•d eharlty number: Truotq•s' Report CE02S889 1194326 I loved it 81 but Tanlo'r Ddr&Sg tea￿ ￿ ffly ss, and I w35nl the onty one. That porf1)miance was SD b•èutslul and ￿[￿)b￿. Maog us att woud lo be W•lsh. LIOng￿arChIadauI. (Elfiono R¢)b•rtsl rTh)st wicBt enjoyable •wwno. TM wa$ l)oth tr¢hanty￿ hgd Juch erffjy., absolLrtety brllipthL I seen NLrtcracker many tim86, as ...1 il wllh Norlh8m Ba1161 In Lho 80$. bul I'm afrahj Br8crffi FestNa ￿+1 trLMp•d thal woduCt￿n. I so much enJo¥d l am. My friend aston1th￿.. 4 fr￿ndS from H8y tumad up Snciden￿ly, W•TO amazed, and ￿nder1d had Ihey baan ￿&BIng Lyrt tyi, In not to Thoalr 8￿￿￿'n￿ belor8? Tho pmduclw hes gonè Irom to 8trwth ...lJ was ao he Brecon Nutuackw Is a l•nthc m(th ol mwn9 profw51Drwls gnlhu8ta8¥¢ & cop8t4• m•mb•rn of th• wmrnunity. irKknlr¥J 8chcd thldron. Tr• Pftrauolim 15, Fdain & Bimply. a lovaly o¥enl 10 hAVO dose to Chnslm86. •sp•ci#lly of Ihe Ioc81 1818ni worklng tty8thor. "INiall 801, ie&her at Hpjh ScknoL4. thg opportunty lty the pup45 to attend tho dress th•arMII be8ulifully dènced an¢t go UF4I1ts"n9 at Chris¢m8s In 14 ¢81& .....a rn88SiV? 81ti9ti¢ boo81 for Breeon •nd. 1818 bo f#ir. Iho ww• of W810s. Evw 8UPPOrt lor Ihern ond frrm ¢)ffioal 8rbl IxxJ.....th•re tshol￿d t>•" 14Jrmynw •udl¥nc• mernbarl ho p•rlorm•rK• in4r¥rBbono1. b•￿￿lU1 •nd •up•rt+ in ￿ Inel•tion w#￿81101￿ 11 Iift•d CM up for Clrnlma$" (Rty NOM• CBE, BBC Radbts Wo1•• w•￿1) Nutcv•¢k•r R• &y¢helnloq Incltth. and how lucky tb ol 8r•wn and tho 8¢wroundlng •r•a io h8VO ch o hyjn0•rf￿ lor of •N Irinds nd lor 1 18sles? ￿ •wn. the Artssl Lhroctr and lounder ￿ 8p•con Koty &nn&durni BEA4. tQ9Olher wth ch8nty Set￿r&ry. Leslèy Walk￿. Iwe Succeeded In bringrw us s￿1￿11n9 MUCt￿ ol Ihe Nut¢ra¢k&r bèllgt a Ilvo orchestrg. 8tyhsh costum98 artl Katys chNbcwWy. WI￿18 perfomJan¢e enchnledlho lorfivtr 8lrow As most peopl• ¥WI know. Ihè Perfwww Arts h8va suftfrr6d huge fin•kal eulbacks le8WYJ JQ many compan￿5 Stnwliftg fo suty￿. Oo$prfe this. Br8¢on F#siwJlBall•lp&4led oul tha r8bb*s

Br•can F￿11¥al 8alet Reglsterod company number. RBglsterod charlty number: Trustw$' RI￿rt CE02S889 1194326 Am8lg8nP￿ng profe￿￿￿1 tloncers, a¢tors, seffuyofpsslon81 dancels 4nd puw"Is from 8 v8rf•ty ol dance schools ￿ro$S A4iLI and S¢xAh Wales Ilndudlng Br8con8 m Mld W8les D8nce Aeadwnyl, tog•ih•r h￿p hvm costumo mak•rn. &ngers in • ¢ltsr. technioan8 and sla98 •ff, r•l8nll•s$ h•rtl th. m8ny I￿1¥ olrnh80rn81 Ov•rm￿Y mMflJ$ culrnngled In Ih81 ellow us 81110 8xpenence Iha joys ￿ Clvlstm&s wth guslo! 8rnwo K8ty. Lesl&w 8nGI Tch8lkovsky. and enlire ctry•ny. I have seen nwjy. many Nutcr8ckws durjnq my long car8ermcltAnL7 My own produLtw and l Gon hongsly Say th8t lh8 8rocon Fgs&v81 I have tyoryded Ihi$ y88r nol lo W otsl reww pwtrnw in ffly owi •vwy d•ncor and ch8ract•r was • ￿ar in hi¥ or Iw ￿t.. but I f8•1 I have lo express hupe •dmlrarJn lor fhv corps d• bjlknt Snothlakos al the end ol Ihe fitsi Jcl. The dancars w•r• ¢0 ￿tCh. the chcveogr8phy ￿81. th8 CDSlumBs beauthl. and lh6 Step8 and trJ¢8le pallom8 Perf￿￿￿ by 51w¥ffy. h•ppy nat d8lWI In d8nong Ihis rn￿1 lcokfjd.ffo￿8rcI lo snfvy CtyV•l￿th$ ts th• •rtirn ust (or bftnwn9 tlwioyfvl pmwJl•lions to••¢h dik ro . cany ok7 8Fe Nulcrn¢kor8 wllh ￿ y¢xKh•rtl ts- and r4Jld4• audi6nc•3 m8ke $ur• you book your J••ts tr the 2025 ptrrfonnances as as d&188 are glv8n b8c8use Ihey$ell out v othclrly Ind••d. Lèstly. thi m• wtsh a Ilappy Naw Y•er lo •r &•con Alld W•l8s D•nc• Oon•t•d tlmo & hdp In klnd 8r•con FwbvJ bon•fils Ilw ton8¥Jwat40 am(#ml of ￿Ufit••r tim• •nd h￿ +n kthd Ih•t18 provthd ih•slagry ol Ihs NthL¥K•r. In 2024 value of d￿alert covered." tsathng. ch￿0t￿ty. mwketw, ¥vant #p￿￿a￿0￿. £30.090.00 And donbtsd Ilme ￿0￿1￿> finarts. acc￿nI¥, gdmthlstr•tion of FrIY￿ ol 8FB, danerf• wnlrats. Covld prolocols, ¢tratre ¢¢￿traCt drosskYJ rty￿￿s, gener8[ Jmln¥strauLvL E6,6eo.00 The ¥8lw kysludk) lxws gI￿n free &>rh8lnlog lor dowg and rnlws81$ £7,310.75 Txhnlc￿ Ilrn• lrn• kn woduc￿￿ by Th•atr aryrl1n￿. £031I0 HtsU￿ ￿ven lor fr98 by loc41 ￿$bJ￿e makers wvj tlw$ mbkty ¢ostumes, scenery arwj pn>p BkniiThJham Bo18fs dar￿81S É27,lJOO.IJO

Brn¢on F•stl¥al Ball•t Reglstered company number. Registered charlty numhf: Tru$lofys' R8POrt CE025889 1194326 Obryl Grlfflth muglc81 £2.IK40 Phllip Fgarw 9￿nIs1 £90. Tot•1 v•k oldon•t•d h•lp In hlnd •nd i￿L £TI.206.05 R•lat•d p• 8ro¢on FestNo18aWg rdaonghiF4 wih Theatr 8rs¢h¢iThog ¥Ad Wales D¥nc• Acod¢my are lundarneni81 lo It6 succes5 and su8lainab41ty, and to ts p)sition and Fercoption ￿Lhi￿ the rommlinity. Other flnancHI st2k•hcld8rs ackrM) Indude.. BrerLffi Town Councl. the Maryar•t arKI (knndolin• D#¥w Charity, Cornmunity Foundation Watè8 1 W•lsh Church Ad Fund. Th• Gib￿ Truii. Sp•csa¥qrn and rnAny Conn•C￿l ctsnmunrfy 9￿p0 and Fln•n¢W R•TA•w A5 be seen In the Ststthnent ot FirAn¢ial Acvits8s th8 year 8nd+r￿ 31st J3nuary 2025 and the 8818nco Sheel as a 31st Januwy 2025 Ipw &10 aNI r¢lo18d ntst081 BF8 continu95 to Pdnt8 lo nokn.. ITh¢￿￿• In¢r•••d 10 £98.251 le•1.304 In 20241. l•rgdy lo an IIL#•l• Idlowmg ¢J•ogkn to ￿89• a E•sl•r 2024. ExpeTh#hure has I￿1￿8￿ w £104.28S 1£88.803 In 20241, &Jaln I￿r￿Y du8 lo th• dtsd$ion to I￿9• a È•tond In Aprl 2024 ond akno al danurn. pay in kn• tho B•comlng • Charlty h•b 9iv•n ￿ Ihe lo for ￿1￿0￿1 hJndh¥ and also ID daim Gifi on 8F8 unablb b raiso mongy Irryn the 8ouru8 Xth 88 b wng and Jponsor•J events due to a ch8ngod pos¢.CovhJ vuld but ¥ucwsfil In 501r grnnl apF4t•tlon• And our •nnu Fri•nds and 8ch8mL BFB also fecthtd Ind1¥klu￿ donation5. 8iecon F•8bval BslW'$ bwat IB lh• co8t d P•yVVd IM wol•ssIon￿ doncr8 Br musl¢ians. whlch Bre funded through 8 COMI￿￿￿(kn ol ty¢kei incon. dDn8*￿$ and Sm￿1 grants. 11 a chaièry eath ¢0 raiso the co81 of th• p￿rom1a￿ advane•. bul BFB h8v• hiev•J IhvJ every year 8inCè 2019. ￿￿Wever. ¢￿plaC8ncY Is an option. Com￿￿￿On lor grants Sn¢Eeases every year 8ThJ BFB rn￿t ￿￿tinue new source5 offvndlng rf It wBTrts 10 keep brrylF¥J high quaity daw rnus￿ ￿ 8udfj8nceB and Part￿pants in ntrnl mM&W￿es. In

Bv•eon F••tlv•l 84111¢ 1194Y Tn*ts•B' R•port ciwaltr• Twuit•••

B Yecon F•stl¥al 8all•t Indwndgnt •¥•mln•rn' wort to th• bo•nl al tru8tw on th• pr•pBrntlon ol th• tsnaudtt•d a￿oUnts ol Br•con F••ll¥d B41gt lor thg y•w •nd•d 31 January 2025 W• rtsport on Ihe examlnadon ol ￿Counta of 8roc(m F•tha 8aU•t tr th• yw ￿d￿d 31 J8ntwy2025 a￿ set out on pa388 1 k 11. R•p•ctI￿ fo•pvnsltsllltS9¥ of trwtw8 and •xmln•r Charrtys tyustsè5 are r8spon5iile lor Ihe prep8raUon The ChortlY$ trust ¢on$Klor thai an aud￿ +$ noi required for Ihb (under 14412) of tha Charfle5 Act 2011 (th• 2011 Acll and Ihal an r￿ependen1 exarn1na￿ is nèeded. It is our r9spv¢Si￿jlty lo; - examine the acrtsjftts 58Ctkn 145 ￿the 2011 Act.. - to follty ltte prc<gdufts la￿ down In the G•n•Tal DYecikn8 fvi by tr• Ctity C￿Mis￿￿ under t￿ 1451SMbl of the 2011 Acl.ond . lo olate whèther parthcLAar matrs hava tom• to wr att•nii 8aJl¥ ofth• Ind•pwnd•nt •xmlM¢ll r•port Our exarninaw)n was c8med ¢Jul n acrAyd•neè lth the GO￿ dlrecUL¥M g￿n by thè Charlty Commis5Kfiors. •W1n￿￿On Indudos a rnviow ol Ihe Kcounbng rocwds kopl by Ih8 Charity and compadson of th& a¢c¢xwts presènted ¢h05• recuds. 11 th Indude$ considernuon of any rtem8 ty dlsdogur¢g In the and ey448fiaiion5 Irorn you 8s tru$tsg9 gnc8min9 such mottws. Tho prOc•dL$￿ Und¢rtak￿ do wovid& al th• •W¢1￿c thal vffjuld t• i•quired of an ¢on8•quqnlty I do not o¥pr•M gn opin￿￿[5 cffi kn viow siv•n by the counrs. IndO￿nd•Al •Mmln•e• •t•t•m•nt In Ihé ¢ourse ofour exarninauon. no mattw Iws to •ttenth)n.' (AI which giva¥ us rtsaswbt• Ca￿ th•1 In. aty reBpKt. th• tru•tw hw• ￿t mel th• r8qutr•m•nls lo ensur• Ihol.. ' prop•r •CCOÈ￿ltr¥1 rocrffds ar• k•pi In I¢¢¢thn￿ 5•don 130 of Ih 2011 ￿, •nd ' Bccouftts WO Pfepar•J %thl¢h tho Ir￿ e4)mpty the aceounWr4J f•wlrern•nts ol the X)11 £¢.. or 181 to wkh. In my oplrkn, attenuofi sh￿Id b• In •rth a wrw ￿lS￿ndIf¥a of Ihe acfKAsnl8 to be rnaL*¢d. Co￿￿rIn0 A Wuliams Ud The CAd 8Bnk 8•eulort Str￿¢ C￿Ckh¢￿e1 Po NP8 1AD ili r2025

Bre¢on Festlval Ballet Staternent of Financial ActlvltTes for thg year ended 31 January 2025 Note Unre8trtcted fund¥ 2025 R•¥trlctsd fvnd• 2025 Total fvnds 2025 Total funds 2024 In¢om• Donations and legae Charital￿e 8clivitl•g Other tr8ding actmth" Total Incom 8,769 67,457 6.025 8.769 83.457 6,025 98.251 8.925 75.858 6,601 1s.wo Exp•ndStur• Raislng funds charl￿￿8 actfvrties G•n8ral lministrolion L Gov8mance cwts Other operaiing in¢om• Tot￿ •xp•ndituv• 1.698 1.898 99.538 1,780 1,289 1,618 84,187 1,484 1,334 19.(#XI 1.760 1.289 85,285 104.285 88.603 IN•t •xp•ndlluY•Vn•t Incom• 8.034 2.981 Tran81w8 beiwoan luThds N•t mov•ffl•nt In fund• 3,034 6,034 2,981 Reconcdlatlon of fvnd$.' Tol81 ft&nds broughi loThArd 29.128 32.126 29,145 Told fund• ewl•d forw•rd 10

Brncon 1•8dv•l W•t R•ghl•f•d number. R•ghtsr•d ¢h•rlty miN•r. al•nc• Sh••l at JI Jnu•ry 20aO CE025889 1194326 Total Fund• 570 34.085 29. 144 Mhkn y••r (S,1CQI I2￿9> 32 126 Fyod• fvr 29.128 Totsl Fuf41• 32.128 t wdw thè Cti¥il•sd 2011. 11

Br•Gon FesOv•l Ball•t Not•# to the Accouni¥ for th• yaf •nd•d 31 January 2125 1 AGCOyrrtlng poh¢l•s 8•sl¥ ofpr•p•rnllon The 4¢couDts h8v¢ been pr8P8r8d on Iho acc¥uals basis under tho hotsdeal cost convenbcn In ac¢ord•r•ce with Chwib•S SORP IFRS 1021 Acwmttng RepthTh9 by Chanb'88. Siatemenl ol Re¢Ornme￿8d PraGd¢e appltabk to cjwths wepanna Imlr occounts In 8cxordanc wrth the FinarKi81 Reporung &and8rf ap￿￿tatIo In tha UK 8nd Reput4K of Ireland l J8nuBry 20191 ond ts Charib"a A¢1 2011. Flnanethlpdlcy Brecgn Fe8￿￿ 8aH•i a prudeni financd pohcy fi•r•ty il rnises the low casts of producwon prbr io opening nlghl lu aach sea￿. Eamod incoTh% trLTh ¢hontsble 8CtMties Is ringl8ned for the lokn.ng yearfs prc¥J￿￿th(Il, con•trWb"na rawv••frx the c￿rty. Inccffje from or gr•rts L4 feLyJnl$6d th8n thwo ts evkl8rTh ol •nthnent ¢0 th9 9rf1, 1gG•lpt i¥ wob•bl• and Its amount ¢an re1￿ly. Glft Ald Grft Ak# ra¥abh irKorn• Ill•f• iu • T4albJ d•daralkn from lh• donty. Aay Gfft amC￿nI r•w¥wwJ on 8 donation is conshJw•d to b8 part ol that gift and is trealed as #n addltion to thg 8a¥r lund as the (b)na￿ts￿ ur4es$ tho ¢ ternB of ts app¢al have Bpecffjied Exp•ndrtLw• * r•cogn•d 111 Ihg par￿￿ i• 11 rf IncJJry•d. Cos15 of ¢h4riWbkn ¢omyth• of 0xpw￿Ibjr• Id•nUfvd M tK41y 4X •MtyJta14a achlevlrvJ Ihe obiethes dthD clwty. T•nglbh flx•d•ss•ts TarvJik49 fI￿d a96•ts mwurgd •1 co•1 JM• ¥C￿m￿l￿• 089r￿1￿ •Ad 8ry •ttumi4aliv• ImpBirmenl bss•s. Depr￿at1]n * wovided ￿ 81 fixed ossets, Ir¢ehdd land. al s t81cu￿ted to 4¥rite olf tfL 195$ 4Stknatod re￿u4 V￿u9. of 455el over its •%?•￿•d uMful lif•. as folow8.' Comwt¢r EquiwT Ba$ic nnBncid asB8ts arg rwls•J 8t transa¢ttrJn kYK• Indudlng arty ty•nSOCIth ¢4st• •Thd Ll•bllltl•s Basi finan(a81 ll8Llltte$ 8r• Inrtbaly ret£4>¥$￿ 81 IMll8adffi prka nel of any tr8nsackn ¢051$ aTrd $ubsoquenty meowjred at 8mryli8ed cost deiwn¥r)•d uyng ff•th.￿ vitsra¥i method. 12

Br¥¢on F•stlval Ballet Note$ to the Account• for th• year end•d 31 January 2025 2 of Inwn• 2025 2024 DonatlonJ •nd1È9•d••: I)on0t￿an6 8.769 8.780 8.925 8.925 2025 2024 Charttabl• ac1lvltl￿. TIGk&i 8Dé meTth&ndise GraThs- Audrvy Tfv Tnj Gfanls. 8r•thi Beaeths Natknnal Granl$- Bre￿n Town C(wntsl GranlS- Derrdl Amatt Ftyjndabon Gr8nlg- The Glbbs TnJ81 Gronls. D'tyy Car8 Ch¥fb8L40 Tnrfl Gfanlg. M¥rgoTet Cbarlty Grant5. P¢￿8 Wdsh Chwch Acl FuTrS Gr8nl•- Tho O•kd¥l• Ttu4t 67.4$7 48.b56 1,OCwJ 5.000 3,000 s.000 1,000 4.000 4,000 5.000 Z,DOO 75.858 83.457 2028 2024 Othèr tr•dlng •¢tlt•1tl••: AdvertisirJ th¢orn• Fri4nd5 mernter•hlp Invyn• FuDdrJksino Ir￿orne 4.475 5,871 Totsi kneorn• 91,584 J Analy•b• of E¥wndAw• ZO25 2024 R•lBlng fund¥'. Adv8rtising and PR Printing COSI& 1.224 1.152 1.6 1,618 292$ 2024 Chafllabl• •¢lIvitI￿. Orchestra 8nd music Sdfemkloyod dan¢e(s Sdf emFloyed danGern. R￿tr￿led Costyme enery and prc)s 22.720 18,049 19,LbJO 1.098 16.920 37.531 1,681 1.055 5,724 955 9.705 7,611 338 14.217 Alerchond& hi

Br•¢oll F•stl¥al 8allel Noto8 to the Accounts for th• year endfjd 31 January 2025 fvL¢0mM￿3jl￿Cffj forJ￿¢￿S Equipment h're Cornmi58v)ns pgyab Comput¢r ewsos 4rx) 2.682 403 101 84.187 4.419 545 2024 G•hw•l Admlnl•¢r•U¢m ¢•ty: In5uranc8 M•dKal. Irainiry and waifa Depred8tk Sloraoe SubscriplK) Bank chlr 200 10 213 21 1.230 157 93 2026 2024 GO¥•rnn￿ ¢o•t•: In(J8pen#¢ni examift•r$ 1•08 Olher W and sxo1991c•wl 1.194 140 9S 1.289 Totsl •xp•ndttur• 104.285 88,803 J Inii•p•nd•nl Ex•mliitlon F Indlpendenl examiners, le•8 f¢y tho p•r￿J 3111 Janwry 202S w•r• £1,194 12024.. £1.1941 wern kmF4qk1 al lh• >w•n 4 Eryloy••• 2024 Numbèr Numbgr Av•r49• nurntr of per￿ QM￿•)￿d by Ihe c(¥Dp•ny S T•nglbl• Il¥•d Plint •nd m•ehln•ry Ai 1 F*bwary 2024 Al 31 Jonuary 2026 63 14

Brecon Festl¥al 8Jllel Noto$ lo thè A¢¢¢unt95 lof thg yoar endod 31 January 2025 D•prncl•don Ai l February ￿24 Ai 31 JanEW 2025 63 63 14et book valtso Al 31 January 2025 6 D•blorn 2025 2024 PrepayTnents Gwt Aid debtor 570 1.760 2.048 570 7 Crndltor4'. amounts lalllno du• >••r 2025 2024 Trnd• ¢r•dlkfs AccN4$ Amounls lo 5.IlXI 1,343 416 2.529 Aeeruo18 8r¢ nwde up ol Ihe 1Th￿F￿d?nt eyamhs f•# for2025 of£1.194 12024.. £1,194) and ctsmod8tk)n and ￿rf￿m•1s eoit# ￿1 pai¢J unli aftar tha wr8nd. 4 Fund Fund b•l•ne bmught Iw•Td Fund b•l4nc•• Exp•ndtuv• E•rrfod fonvaryl Incom• Unrestrletod fur R•strthd funL1$ 29.126 82,251 16.000 1852851 119.0001 104.285 28,092 32.126 Tr•n••clJthM wbth Tru•t••• and rnl•l•d p•tytr•n••¢Y•n• No Trustse T4￿¥•d r•nuner8￿fi or beneffts Ihe eharSty ¢kniry the erfjlng 3181 January 2025 for their rde as tm$leg 12024 £nll. One Trvsie• was ￿ be f&mbur¥l a total of £607.29 ror p8KI pe15￿￿￿(2024.. £nll. AS at 3181 January 2025 an amtyjnt 01 £1.023I9 wJ5 ow•d back to Twsrees fr< rdmtwrwj oXW1889 and induded In othw ¢rodltors 12024.. t416.001. 15

Brecon Festival Ball•t Notes to the Accounis Ivr the yoar ondèd 31 January 2025 Dudnq the y•ar the eharlty paKI 1.CW.LTh) b Twslee, Ley Walker. lor t￿1￿59 of SQ￿-em[4Oyrn0￿t e8mlngs duAng tho •ek ofthè Dacwntw 202412024.. È101KI DuriThJ yyar the chwlty p £I.(W.￿) lo TNstee. Caih8rir Shnodurnl. for her of self. •mF&ym•ni tamlngi durfry the waok olth• gl¥y In D8Combor 202412024: £1.0001. Durfng Ihe Iha chanty ￿{d E880.W lo J05iB S￿￿￿dUral fr¥r x)rk tynd a$ 8 sdfrnpod dan¢gr 12024.. £1,1401. Sinn4durai is ts dau9hrof chty TNst¢e. CAth&rfne Shnadural. Durtng th¢ y•w the thadty ￿kfj £fj50.cKI 10 r¥ Walker lor stsg• mwrnent co¥lJ 12024: £IOOl. Megan W￿￿er18 the dauthter ofcharty Trus. Lethy Walkef. 10 Chaflty Inf0rnM￿Qn Br•con F••knal Wet Is a Chorllat4• In¢F￿ted r•gisiw•J irt Er4land and 81 Cornpanth H￿￿se. wlsirntlon rnwrthr cewa89. • rBglBlprwd dwly. numb8r 1194326. IM prlntip•l office Is.. The8tr can￿ Wharf Brecon Pows LD3 7ew 16