REGISTEAED CHARITY NUMBER: 1195116
REPORT OF THE TRUSTEES AND
uNAUD￿ED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBEFI 2024
FOR
WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
Bevan Buckland LLP
Ground Flotsr Cardigan House
Castle C￿rt
Swansea Enterprise Pa
Swansea
SA7 9LA

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
CONTENTS OF THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 30 SEPTEMBER 2024
Page
Report of the Trustees
Indeperbdent Examtner's Report
Statement of Financial Activitie8
Balance Sheet
Notes to the Flnan¢tal Statements
7 to 10
Detalled Statemenl of Financial Actrvities

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Iruslees p￿sent their report witr the financial slalemenls of the charity for Ihe year ended 30 September 2024. The tru51e8S
hav8 ad<yted the prti%qsions of Accounting an¢J Reporting by Charrties.. Siatemenl of Recommended Practice applicable lo charilies
preparing their acC￿nts in accor(Jance wrth the Financial Aeporfing Standar(l applicable In the UK and Republ￿ of Ireland IFRS
1021 lemective 1 January 20191.
OBJECTIVES AND AcnvmES
Objèctives and alms
The objects of the CIO are lo provide &tiviliès lor th8 public benèfit and in particular Iwlhout limilationl lo provide quality training
for young people in all areas ol performing arts. and to offer a wide range of perforrnance opportunities to Ils members In south
Wal￿.
Slgnifieant bctlvitl•s
Wesl Glamorgan Ywlh Theatre Company Iwgyicl ryerates 8 programrne of youth arts actiwty across the aca(lemic year. The
activity broa¢ly expsls under 4 headings
Residential c￿r$eS
- Weekly OUTREACH classes
- Maslerclasses
- Auditicx) Wofkshops
The trustees are p￿ase¢y to present their annual report lor the year ending 30 September 2024 which has been p￿pared in regard
to Ihe guidance issues by the Charities Cc¥nmission on publK benefit.
The financial statements cc¥))pty with the Charities Act 2011., the Slalement ol Recommended Practice A¢ccAJnting and R8POrting
Charities ISORP 20191.
ACHIEVEMENT AND PERFORMANCE
Charltable activities
Since 1975 wgytc has staged a ￿d+ rangè of pr(KSuGlions, In a range of styles and periods of Iheatrical work. The Company has
complemented established works with a wid8 range of dèvised pieces, specially commissionèd works and wrrting in the medium ol
Welsh. The l(Alowing list of productions, covering the peri(xJ 1 October 2023 - 30 September 2024 serves as an insight into the
changing and developing diet of work undertaken by the Company..
In October 2023, the Cornpany h81(l a seri8s of workshq)s to ènctyjragè young pètsple lo undarstand about our work and gel
involved Mlh a¢tivities.
In November 2023 rehearsals began for the Winter ¢our58 wh￿h ¢ulrninated in a residential stay at Margam Discovery Centre and
a performance ol Ndl Gwyn al the Tali8sin Arts Centre in February 2025.
In April 2024, the Company laun¢hed the Easter course, whiGh was a collatx)r8tion b8lw8en wgytc and c￿rnty YcyJlh Dance
Company ICYDCI.
In July 2024 wgytc launched its surnmer residential course, culminating in three productions.. The Trial, Punk Actk and a musical
revue based on Ihe work of Kander and Ebb.
An Out￿a¢h piogramme ran Ihrwghoul the yeai wlh the aulumn and spring lerrns being held 81 V8nue No1 In Swansea. The
Summer term saw us team up in cdlaboralion with Grand Arnbilion and TAG. ¢ulrninating in a sharing ol work at the Grand Theatre.
FINANCIAL REVIEW
Financial po$ilion
The Organ￿SaI10n made an cperalional loss of £24,054 12023.. £5,119 surplus). We ended the financial year with £9,332 12023..
£33,282) In the bank.
Prin¢ipal funding sources
Principal sojrces of funds are from the Idlowing
Donations
- Alumni Support
- Sludenl Fees
Ticket Sales
Page 1

WEST GLAMORGAN YOUTh THEATRE COMPANY CIO
REPORT OF THE TRUSTEES
FOR ThE YEAR ENDEO 30 SEPTEMBER 2024
FINANCIAL REVIEW
Rèserves pollcy
There ar8 curr8atly £7,932 reserves held. However, we always ensure a minimurn of £2k is held in th8 bank account lor budgeled
projects. There are no unc8rtainlie5 or concems abtyjt the charity wing forward.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is conlrdled by rts govemillg docum8nl, and eonstitules a charitable inc0wra1￿n oiganisalion ICIOI.
Recruitrnent and appointment ol new trnstees
Fundions and dulles of charity trust•Ès
The charity Iruslees shall manage the affairs of the CIO may for that purpose exercise all the powers of the CIO. It is th8 duly of
each charity Iruslee..
al To exercise his or her powers and lo perform hi5 or h8r functions In his or her capacty as a trustee of the CIO in the way he or
she decides in go)d lailh would be m￿1 likely to furth8r the purposes of the CIO.
bl To exercise, in the perfonnance of those lun¢lions, swh car8 and skill as is reasonatAe in the circumstances having regard in
part￿ular to-.
lil any special knovAedge or experience that he or she has or holds himself or hersew tsLrt as having., and,
lill If he or she acts as a charity trustee ol the CIO in the cours8 of a business or profession, to any sp￿la1 knowledge or
expèriènce that il Is reasonable to expect ol a person acting in th8 cour58 of that kind of business 01 profession.
Ellglblllty for trusteeshlp
al Every charity trustee rnust be a natural perso
bl No irKlividual may be app￿nted as a charity trustee of the CIO..
lil if he or she is under the age of 16 years., or
lill il he or she would automatically cease to hold Offi￿ under Ihe provisions ol Clause 12.Ilel.
al No one is entitled to act as a charity Iiuslee whether ￿ appointment c¥ on any r8-app(xntm8nt unlil he or she has expressly
ackn￿￿edged, in whatever way Ihe charty InJstees decide, his or her acceptance of the off i¢e of charity trustee.
bl Al least ￿e of Ihe trustees ol the CIO must be 18 years ol age or over. 11 there is no Iwslee aged al leasi 18 years, the
remaining Irust8es may only act to call a meeting ol the cha¥ily Iruslees, or appoint a new Charity tru51e8.
Number ol charity truste•s
al There rnusl be al leasl Ihree charity trusle6s. If the number falls below this minimum, the remaining tFUStee or tru51Ees may acl
only lo call a meeting of the charity trusiees, or app￿nI a new charity Iruslee.
bl The maximum number of eharily Intsslees is 12. The chaiily Iwstees may not apwnl any ¢hallly twsle8 if as a result the number
of charity Iruslees would exceed the rnaxirnum.
Appointment of chartty trustts8
Appryntment for fixed term
al Apart from the first charity twstees, every trustee must be appoinled lor a term of three years by a resdulion passed al a
prcpedy convened meeting ol the charity Irusle8s.
bl In selecting individuals lor appoinlrnenl as charity Iruslees, the charity trustees musl have regard to the skills, knowledge and
experience needed loi the effeclive administration ol th8 CIO.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty number
1195116
Prin¢ipal addre
49 Harbour Walk
Barry
Vale ol Glamorgan
CF62 5BA
Trustees
V Buckley
L R Slatts
R Williams
G Buckley
Page 2

WESTGLAMORGAN YOUTH THEATrE COMPANY CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
REFERENCE AND ADMINISTRATIVE DEfAILS
Independent Examiner
Bevan 8uckland LLP
Gr￿rn￿ Floor Cardigan House
Castle Court
Swansea Enièrprise Park
Swansèa
SA7 9LA
Approved by order of Ihe bogrd of trust8e5 INI ..
261°1-
. an(1 signed on rts behalf by..
V Buckley- Trustee
Page 3

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
WEST GLAMORGAN YOUTh THEATRE COMPANY CIO
Independenl examinerfs rtport io the trusiees ot West Glamorgan Youth Theatre Company CIO
I report lo the ¢harily trustees on my examinati￿ of the accounts d W8St Glarnorgan Youth TheatFe Company CIO Ilhe Trust) lor
the year ended 20 September 2024.
Responsibilities and basis of report
As the Cha￿tY trustees of the Trust Y(￿ are respcmsible lor the preparalion of the accounts ill accordance with thè requirements ol
the Charities Act 2011 Ilhe Acl'l.
I report in respect of my examinalion of the Trusts accwnts carned out under Section 145 of the Ad and in carryin9 Out my
exarninalion I hav8 Idlowed all applicable Directions given by the Charity C(xnmission under Sect￿n 14515llbl ol the Act.
Independent examinei's ststement
I have cornpleled rny examination. Il confirm that no material mattets have come lo my allention in connectY)n with the gx8minalion
giving me cause lo beli8ve that in any rn8teria1 r6spaei'.
g¢xounling rscords were not kept in re5P&t of the Ttust as ￿qUire(l by Section 130 01 the Act,. or
the accounts do not a(xord with those r￿Ords,. or
the accwnls do not comply wlh the applicable f8quirèmÉnls con￿mIng the fom and cc￿lent of accounts sel out in the
Charilies (Accounts and Reports) Regulations 2008 other than any requirEmÈnt that Ilie accounts give a true and lair view
whKh is not a matter considered as part of an independent exarnination.
I have no concems and have come acros5 no other matters in conn8Cliori wlh the examination lo whKh attenlion should be drawn
in this report in ortsr to enable a proper understanding of the accounts to be ￿￿ed.
MKhad Jones
Bevan 8uckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enl8rprise Pa
Swansea
SA7 9LA
D818'. .............................................
Page 4

WEST GLAMORGAN Yoiml THEATRE COMPANY CIO
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
Total
lun¢Js
Unrestricted
fund
Noles
INCOME AND ENDOWMENTS FROM
Donations and legac￿$
16,597
Charitable activlties
Y(xJth Theatre
30,878
23,443
Total
47,475
30,377
EXPENDITURE ON
Charitablè aetiviti•s
Youth Th8alre
71,529
25,258
INCOMEIIEXPENDrruRE)
124,0541
5.119
RECONCILIATION OF FUNDS
Total luncjs brought forward
31,986
26,867
TOTAL FUNDS CARRIED FOAWARD
7.932
31,986
The notes lorm part ol these financial statements
Page 5

WESTGLAMORGAN YOUTH ThEATRE COMPANY CIO
BALAhlCE SHEET
30 SEPTEMBER 2024
2024
Unreslricled
fund
2023
Total
lunts
Notes
CURRENT ASSErs
Cash al bank
9,332
33,282
CREDITORS
Amoullis falling due wrthin one year
11,41K)I
11,2961
NET CURRENT ASSETS
7,932
31,986
TOTAL ASSEfs LESS CuRRE￿r LIABIUTIES
7.932
31,986
ASSErs
7,932
31,986
FUNDS
Unreslrrled funds
7,932
31,986
TOTAL FUNDS
7.932
31,986
The financial slalemenls were approved by the Board ol Truslees and authori58d for issue on
weie signed on its behalf by".
and
k18y- Tru51ee
The notes lomi part ol these fina￿1￿1 51alem8nls
Page 6

WEST GLAMORGAN YOUTH ThEATrE COMPANY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAH ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES
Basis of preparing the financiBI 5tat8mènts
The financial slalemenls of the charity. which is a public benefit entity under FRS 102, have been prepared in accor(Jance
th the char￿lieS SOAP IFRS 1021 'Acccwnling and Reporting by Charilies.. Statement of R8commended Practice
applicable to charities preparing their accounts in accordance wlh the Financial Reporting Standard applicable in the UK
and Republic of Ifeland IFRS 1021 (effective 1 January 20191,, Financial Reporting Slandaid 102 'The Financi& Reporting
Standard applicable In the UK and Republic ol Ireland. and the Charities Acl 2011. The financial slal8menls have been
p￿pared underthe histonca1 cost convention.
Income
All income is r&ognised in the Statement ol Financial Acliwlies once the charity has enlillemenl to the funds. it is probablè
thai the income will be received and the amtyjnt can be measure(J Kdiably. The following specific policies are appii8d lo
particular Cal￿orIeS 01 incom8'.
Donati￿s, ir￿lUding those r81S8d through wAunt88rfundraising, are recognised when income has been received.
Student Conlribulions, relating to income received from Sludents att￿dIng classes IhrtyJghout the year. recognised when
the class I￿k place.
Event Tickets, organised with the venue to receNe a shar8 01 the profits and rec￿￿15? when the event Icx)k ￿ate.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or cwstruclive obligation committing the charity to that
expendilure. It ￿ probable that a Iransler ol economic benefits wll be required in settlement Ènd the amount ol the
obligation can be measufed reliably. Expenditure is accounted for on an arLnJ&s basis and has been classified under
headings Ihal aggregate all cost related to Ihe category. Where costs cannot be directly attributed to particular headings
they have been allocale(I lo aclivrties on a basis c￿$￿Stent with the use of res(KJrces.
Taxalion
The charity Is exempt from lax on ils charilable activities.
Fund a¢¢ountlng
Unreslricled funds can be used In aCcOr¢Jan￿ wilh the charikble objectives al Ihe discretion of the trustee5.
Rèstrict￿ funds can ￿lY be used for particular reslnded purposes within the objects of the charty. Restrictl￿S arise
when sp8cili8d by the donor or when funds ao raised lor particular reslricled purposes.
Further explanation of the nature and purwse ol each fund is included in the notes lo the financial slalements.
FIl￿nClaI Instruments
Th8 charity only has financial assets and financial liabilities ol a kind that qualify as basic financial instrum￿1$. Basic
financial instruments are initially recognised al transaction value and subsequently measured al their selllement value.
Dtbtors
Trade and oth8r debtor5 are recognised at the settlement amount due after any trarje discount offered. Prepayrnenls are
Wdlu8d at th8 amount pr8paid net d any trade discounts due.
Cash ai bank and in hand
Cash al bank and cash in hand iwludes cash and short term highty liquid inveslmenls with a short maturity of three mcmlhs
or less Ir(xn the dale of acquisition or opening ol the deposit or similar account.
Crèditors and provisions
credito￿ and prowsions are recognis8d where lh8 charity has a present d)ligalion resulting from a past event that wil
prd)ably resum in the transfer ol funds to a third party and Ihe amount due lo seiile the obligalion can be measured or
estimated reliably. Creditors and provisions are normally recognised al their settlement amount alter allowing lor any trade
discounts due.
Page 7
continued...

WESTGLAMORGAN YOLryH THEATRE COMPANY CIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES- contIn￿d
Bas1¢ Flnanclal a$s•ts
8asic financial assets, which includ8 debtors and cash and bank balan￿. are initially measured at transaction price
inGluding Iransadion cosls and are subsequentty carried at amortised cost using the effective interest method unless the
arran9emenl constilules a financing transaction. where the transaction Is measure(S at the present value of the future
receipts discounted al a market rale of interest. FinarKia5 assets classified as reoivable within one year afe not arnortised.
Basic financial liabilities
Basic financial liabilities, Including cre(Jilors, and bank loans are classified as debt, are initially recognisfd at transaction
pr￿e unless the arrangement constitutes a financing Iransaclion, wher8 th8 debt instrument is rnea5ured at th8 pr8S8nl
value of the lulure payments discounted al a market rale o* interest. Financial liabilities classified as payable Within one
year are not aMort￿ed.
Debl inslruments are subsequently carried at amortised cost, using th8 8￿￿tIVe interest rate melhod.
Trade creditors are obligati￿$ lo pay for goods or services that have been acquired in the or(linary coU￿e ol business
Irom suppliers. Amounts payable are classified Ès c￿r￿nt liabilities if payrnenl is due wilhin one year or less. 11 not, they are
p￿SenterI as non-curreni liabilitie5. Trade creditors are rec(ynised initially al transactiw pri￿ and subsequentty measured
al amortised cost U51ng Ihe eflective inteiesl m81h(KJ.
Prepaiatlon of the account$ on a golng concern basis
The company tne8ls It5 day-lo-day working capital requirements through its bank lacililies. The current e¢￿0M1¢
eondilion5 continue lo cr8ale uncertainly over the avai18bility ol bank finawe for the foreseeable lulure. The company's
forecasts and projections, taking accounl ol reasonably possible changes in trading pertormance, show that the company
should be able lo q)er8te within the level of ils current facilities. After making enqUIr￿e$, the trustees have a reasonable
expectation that the Company has adequate resources lo c(4)linue In cperalional existence the fO￿See￿e lulure. The
CfffiP8ny therefore continues to adopl the going concem tiasis in preparing Its financial ststements.
TRUSTEES, REMUNERATION AND BENEFrrs
There were no Iwslees, remuneration or other benefits lor the year anded 30 Saptèmb8r 2024 nor lor the yèar endèd
20 Sepl8rnber 2ff23.
Tru¥teès' expenseB
There were no Iruslees, expenses paid lor the year en¢Yed 20 September 2024 nor for the year ended 30 Seplefnb8r 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVrnES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
D￿al￿On$ and legacies
6,934
Charitable Bctivitie¥
Ywlh Theatre
23,443
Total
30,377
EXPENDITURE ON
Charitable activitles
Youth Theal
25.258
NET INCOME
5,119
RECONCILIATION OF FUNDS
Total funds brL¥Jght forward
26,867
Pa98 8
¢(￿tinUed...

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
NOTES TO TTr4E FINANCIAL STATEMENTS- conlinued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
COMPARATIVES FOR THE STATEMENT OF HNANCIAL ACTIVfflES- ￿ntinued
Unre51rict8d
fund
TOTAL FUNDS CARRIED FORWARD
31,986
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creclilors
1,4CX)
1,296
MOVEMENT IN FUNDS
Net
rnovemeni
in funds
Al
30.9.24
1.10.23
Unr•strict•d funds
Gen8ral fund
31,986
124,0541
7,932
TOTAL FUNDS
31.986
124,0541
7,932
Net movement in lunds, i￿luded in thè above are as fdlows..
Incoming
resoutces
Resources
expended
Movement
in funds
Unrestricted furKIs
General fund
47,475
171,5291
124,0541
TOTAL FUNDS
47,475
171,5291
124,0541
C¢)nyrative8 for movement in funds
Nel
rrEoveméni
in funds
At
1.10.22
Al
30.9.23
Unrestrlcled funds
General fund
26,867
5.119
31,986
TOTAL FUNDS
26,B67
5,119
31,986
C(xnparative net movément in funds, Included In the above are as Idlows..
Incorning
rescvrces
Ae50urces
expended
Movement
in funds
Unrestrleted funds
G8ner81 fund
30,377
125.2581
5,119
TOTAL FUNDS
30,377
125,2581
5.119
Page 9
continued...

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOA THE YEAR ENDED 30 SEPTEMBER 2024
MOVEMENT IN FUNDS- contlnued
A current y8ar 12 rnonths and prior year 12 months combined position Is as lollows=
Net
movement
In funds
At
1.10.¥2
At
30.9.24
Unre$tri¢ted fLtrnd#
General lund
26,867
118,9351
7,932
TOTAL FUNDS
26,867
118,9351
7,932
A current year 12 months an¢J prior year 12 monlhs combined nel movement in funds, included in the ar& as fdlows-.
Incoming
sources
R8sources
expended
Movement
in funds
Unr•strieled funds
GeF)eral fund
77,852
196,7871
118,9351
TOTAL FUNDS
77,852
196,7871
118,9351
RELATED PARTY DISCLOSURES
There were no related paty transactions lor lh8 y88r ended 30 S8plernber 2024.
Page 10

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2022
INCOME AND ENDOWMENTS
Oonaiions and legaci•$
Donalicns
16,597
Charitable activities
Sludenl Fees
Box Office and Program Sales
(Xher Income
26,183
4,431
264
20.807
2,614
30,878
23,443
Total Incomlng resources
47,475
80.377
EXPENDITURE
Charltable actlvltles
Wage5
Advertising
CYDC
Produ¢lion Costs
Administration
Residential Fees
Transport and Subsistenc8
Sludent Fees
Performance Rights
13,315
418
5.684
4,724
1,274
36,532
1,642
1,136
11,820
15
2,669
5,040
741
1,120
3CK)
66,045
23,257
Support co$1$
Goveman¢e ¢08ts
Insurance
Accountancy and legal lees
4,084
1,400
550
1,451
5,484
2,(￿1
Total ￿soUrceS expended
71,529
25,258
Net lexpendltureylneo
124,0541
5,119
This p8ge does not form part of the statutory financial statement5
Pagè11


## **Trustee’s Annual report for the period:** 1 October _2023 to 30 September 2024_ **Charity name:** _West Glamorgan Youth Theatre Company CIO_ 

## **Charity registration:** _1195116_ 

## **Trustee statement** 

The trustees are pleased to present their annual report for the year ending 30 September 2024 which has been prepared regarding the guidance issued by the Charities Commission on public benefit. 

The financial statements comply with the Charities Act 1993; the Companies Act 1985, the Memorandum and Articles of Association, the Statement of Recommended Practice – Accounting and Reporting Charities (SORP 2005). 

## **Our purpose** 

The objectives of the CIO are: 

- to provide activities for the public benefit and in particular (without limitation) to provide quality training for young people in all areas of performing arts, and to offer a wide range of performance opportunities to its members in South Wales. 

## **Our main activities** 

West Glamorgan Youth Theatre Company (wgytc) operates a programme of youth arts activity across the academic year. The activity broadly exists under four headings: 

- Residential Courses 

- Weekly OUTREACH classes 

- Masterclasses 

- Audition Workshops 

## **Achievements and Performances** 

Since 1975 wgytc has staged a wide range of productions, in a range of styles and periods of theatrical work. The Company has complemented established works with a wide range of devised pieces, specially commissioned works and writing in the medium of Welsh. The following list of productions, covering the period 1 October 2023 - 30 September 2024 serves as an insight into the changing and developing diet of work undertaken by the Company: 

1 



- In October 2023, the Company held a series of workshops to encourage young people to understand about our work and get involved with activities. 

- In November 2023 rehearsals began for the Winter course which culminated in a residential stay at Margam Discovery Centre and a performance of Nell Gwyn at the Taliesin Arts Centre in February 2025 

- In April 2024, the Company launched the Easter course, which was a collaboration between wgytc and County Youth Dance Company (CYDC). 

- In July 2024 wgytc launched its summer residential course, culminating in three productions: _The Trial, Punk Rock and_ a musical revue based on the work of Kander and Ebb. 

- An OUTREACH programme ran throughout the year with the autumn and spring terms being held at Venue No1 in Swansea.  The Summer term saw us team up in collaboration with Grand Ambition and TAG, culminating in a sharing of work at the Grand Theatre. 

## **Structure, Governance and Management** 

Governing Document 

wgytc is constituted as a Charitable Incorporated Organisation (CIO) registered with the Charities Commission. It operates under a constitution. 

## **Charity trustees** 

Functions and duties of charity trustees 

The charity trustees shall manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO. It is the duty of each charity trustee: 

(a) to exercise his or her powers and to perform his or her functions in his or her capacity as a trustee of the CIO in the way he or she decides in good faith would be most likely to further the purposes of the CIO. 

(b) to exercise, in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to: 

(i) any special knowledge or experience that he or she has or holds himself or herself out as having; and, 

(ii) if he or she acts as a charity trustee of the CIO in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession. 

## Eligibility for trusteeship 

a) Every charity trustee must be a natural person. 

b) No individual may be appointed as a charity trustee of the CIO: 

(i) if he or she is under the age of 16 years; or 

(ii) if he or she would automatically cease to hold office under the provisions of clause 12.1(e). 

2 



a) No one is entitled to act as a charity trustee whether on appointment or on any reappointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. 

b) At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees or appoint a new charity trustee. 

## Number of charity trustees 

a) There must be at least [three] charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee. 

b) The maximum number of charity trustees is 12. The charity trustees may not appoint any charity trustee if as a result, the number of charity trustees would exceed the maximum. 

## **Appointment of charity trustees** 

## Appointment for fixed term 

a) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. 

b) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge, and experience needed for the effective administration of the CIO. 

## **Reference and Administrative details** 

Charity name: West Glamorgan Youth Theatre CIO 

Other name the charity uses: wgytc 

Registered charity number: 1195116 

Charity’s principal address: 49 Harbour Walk, Barry, Vale of Glamorgan, CF62 5BA. 

## **Names of the charity’s trustees** 

The trustees have been appointed for the purposes of charity law. The trustees serving during the period 1 October 2023 – 30 September 2024 were as follows: 

Chair / Trustee Vivienne Buckley (appointed 9 July 2021) 

|Trustees|Ruth Williams|(appointed 9 July 2021)|
|---|---|---|
||Linda Statts|(appointed 9 July 2021)|
||Geraldine Buckley|(appointed 1 October 2021)|
||Matthew Rees|(appointed 18 October 2023)|



3 



## Finance Officer Adrian Hocking 

## **The Charity Board** 

The Board of Trustees administers the charity. The Board meets quarterly, which cover development, membership, finance and governance. Minutes and actions are recorded and retained for all meetings.  The Board of Trustees has been in place since July 2021. 

At the AGM on 18 October 2023, the chair shared a proposal to disband the Artistic Directorate, in place of a new structure. The proposal was agreed at the AGM. 

The new arrangements consist of a Charity Board (previously the Board of Trustees), a Chair and several officers. A Finance Director and Company Manager were appointed to provide updates and assurances the the Board regarding the operation of the company. 

In addition, the Board invite people to become wgytc Associates - a group of people from education and industry with a history of collaborating with the Company. The Associates provide a network of professionals who may work on courses, provide support to course teams and be proactive in promoting the work of the Company and recruiting members. 

The new structure also includes the student voice. Two students have been approved as Student Panel members. 

## **Related parties** 

None of the trustees receive remuneration or other benefit for their work with the charity. 

The charity has a close relationship with County Youth Dance Company (CYDC), which shares wgytc’s passion for education and through joint collaboration we have established several productions for the benefit of young people from local schools. 

## **Financial position** 

At the end of the period (30 September 2024) we had £00,000 in the bank. 

## Reserves 

There are currently £0.00 reserves held. However, we always ensure a minimum of £2k is held in the bank account for budgeted projects. 

There are no uncertainties or concerns about the charity going forward. 

4 



REGISTEAED CHARITY NUMBER: 1195116
REPORT OF THE TRUSTEES AND
uNAUD￿ED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBEFI 2024
FOR
WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
Bevan Buckland LLP
Ground Flotsr Cardigan House
Castle C￿rt
Swansea Enterprise Pa
Swansea
SA7 9LA

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
CONTENTS OF THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 30 SEPTEMBER 2024
Page
Report of the Trustees
Indeperbdent Examtner's Report
Statement of Financial Activitie8
Balance Sheet
Notes to the Flnan¢tal Statements
7 to 10
Detalled Statemenl of Financial Actrvities

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Iruslees p￿sent their report witr the financial slalemenls of the charity for Ihe year ended 30 September 2024. The tru51e8S
hav8 ad<yted the prti%qsions of Accounting an¢J Reporting by Charrties.. Siatemenl of Recommended Practice applicable lo charilies
preparing their acC￿nts in accor(Jance wrth the Financial Aeporfing Standar(l applicable In the UK and Republ￿ of Ireland IFRS
1021 lemective 1 January 20191.
OBJECTIVES AND AcnvmES
Objèctives and alms
The objects of the CIO are lo provide &tiviliès lor th8 public benèfit and in particular Iwlhout limilationl lo provide quality training
for young people in all areas ol performing arts. and to offer a wide range of perforrnance opportunities to Ils members In south
Wal￿.
Slgnifieant bctlvitl•s
Wesl Glamorgan Ywlh Theatre Company Iwgyicl ryerates 8 programrne of youth arts actiwty across the aca(lemic year. The
activity broa¢ly expsls under 4 headings
Residential c￿r$eS
- Weekly OUTREACH classes
- Maslerclasses
- Auditicx) Wofkshops
The trustees are p￿ase¢y to present their annual report lor the year ending 30 September 2024 which has been p￿pared in regard
to Ihe guidance issues by the Charities Cc¥nmission on publK benefit.
The financial statements cc¥))pty with the Charities Act 2011., the Slalement ol Recommended Practice A¢ccAJnting and R8POrting
Charities ISORP 20191.
ACHIEVEMENT AND PERFORMANCE
Charltable activities
Since 1975 wgytc has staged a ￿d+ rangè of pr(KSuGlions, In a range of styles and periods of Iheatrical work. The Company has
complemented established works with a wid8 range of dèvised pieces, specially commissionèd works and wrrting in the medium ol
Welsh. The l(Alowing list of productions, covering the peri(xJ 1 October 2023 - 30 September 2024 serves as an insight into the
changing and developing diet of work undertaken by the Company..
In October 2023, the Cornpany h81(l a seri8s of workshq)s to ènctyjragè young pètsple lo undarstand about our work and gel
involved Mlh a¢tivities.
In November 2023 rehearsals began for the Winter ¢our58 wh￿h ¢ulrninated in a residential stay at Margam Discovery Centre and
a performance ol Ndl Gwyn al the Tali8sin Arts Centre in February 2025.
In April 2024, the Company laun¢hed the Easter course, whiGh was a collatx)r8tion b8lw8en wgytc and c￿rnty YcyJlh Dance
Company ICYDCI.
In July 2024 wgytc launched its surnmer residential course, culminating in three productions.. The Trial, Punk Actk and a musical
revue based on Ihe work of Kander and Ebb.
An Out￿a¢h piogramme ran Ihrwghoul the yeai wlh the aulumn and spring lerrns being held 81 V8nue No1 In Swansea. The
Summer term saw us team up in cdlaboralion with Grand Arnbilion and TAG. ¢ulrninating in a sharing ol work at the Grand Theatre.
FINANCIAL REVIEW
Financial po$ilion
The Organ￿SaI10n made an cperalional loss of £24,054 12023.. £5,119 surplus). We ended the financial year with £9,332 12023..
£33,282) In the bank.
Prin¢ipal funding sources
Principal sojrces of funds are from the Idlowing
Donations
- Alumni Support
- Sludenl Fees
Ticket Sales
Page 1

WEST GLAMORGAN YOUTh THEATRE COMPANY CIO
REPORT OF THE TRUSTEES
FOR ThE YEAR ENDEO 30 SEPTEMBER 2024
FINANCIAL REVIEW
Rèserves pollcy
There ar8 curr8atly £7,932 reserves held. However, we always ensure a minimurn of £2k is held in th8 bank account lor budgeled
projects. There are no unc8rtainlie5 or concems abtyjt the charity wing forward.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is conlrdled by rts govemillg docum8nl, and eonstitules a charitable inc0wra1￿n oiganisalion ICIOI.
Recruitrnent and appointment ol new trnstees
Fundions and dulles of charity trust•Ès
The charity Iruslees shall manage the affairs of the CIO may for that purpose exercise all the powers of the CIO. It is th8 duly of
each charity Iruslee..
al To exercise his or her powers and lo perform hi5 or h8r functions In his or her capacty as a trustee of the CIO in the way he or
she decides in go)d lailh would be m￿1 likely to furth8r the purposes of the CIO.
bl To exercise, in the perfonnance of those lun¢lions, swh car8 and skill as is reasonatAe in the circumstances having regard in
part￿ular to-.
lil any special knovAedge or experience that he or she has or holds himself or hersew tsLrt as having., and,
lill If he or she acts as a charity trustee ol the CIO in the cours8 of a business or profession, to any sp￿la1 knowledge or
expèriènce that il Is reasonable to expect ol a person acting in th8 cour58 of that kind of business 01 profession.
Ellglblllty for trusteeshlp
al Every charity trustee rnust be a natural perso
bl No irKlividual may be app￿nted as a charity trustee of the CIO..
lil if he or she is under the age of 16 years., or
lill il he or she would automatically cease to hold Offi￿ under Ihe provisions ol Clause 12.Ilel.
al No one is entitled to act as a charity Iiuslee whether ￿ appointment c¥ on any r8-app(xntm8nt unlil he or she has expressly
ackn￿￿edged, in whatever way Ihe charty InJstees decide, his or her acceptance of the off i¢e of charity trustee.
bl Al least ￿e of Ihe trustees ol the CIO must be 18 years ol age or over. 11 there is no Iwslee aged al leasi 18 years, the
remaining Irust8es may only act to call a meeting ol the cha¥ily Iruslees, or appoint a new Charity tru51e8.
Number ol charity truste•s
al There rnusl be al leasl Ihree charity trusle6s. If the number falls below this minimum, the remaining tFUStee or tru51Ees may acl
only lo call a meeting of the charity trusiees, or app￿nI a new charity Iruslee.
bl The maximum number of eharily Intsslees is 12. The chaiily Iwstees may not apwnl any ¢hallly twsle8 if as a result the number
of charity Iruslees would exceed the rnaxirnum.
Appointment of chartty trustts8
Appryntment for fixed term
al Apart from the first charity twstees, every trustee must be appoinled lor a term of three years by a resdulion passed al a
prcpedy convened meeting ol the charity Irusle8s.
bl In selecting individuals lor appoinlrnenl as charity Iruslees, the charity trustees musl have regard to the skills, knowledge and
experience needed loi the effeclive administration ol th8 CIO.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty number
1195116
Prin¢ipal addre
49 Harbour Walk
Barry
Vale ol Glamorgan
CF62 5BA
Trustees
V Buckley
L R Slatts
R Williams
G Buckley
Page 2

WESTGLAMORGAN YOUTH THEATrE COMPANY CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
REFERENCE AND ADMINISTRATIVE DEfAILS
Independent Examiner
Bevan 8uckland LLP
Gr￿rn￿ Floor Cardigan House
Castle Court
Swansea Enièrprise Park
Swansèa
SA7 9LA
Approved by order of Ihe bogrd of trust8e5 INI ..
261°1-
. an(1 signed on rts behalf by..
V Buckley- Trustee
Page 3

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
WEST GLAMORGAN YOUTh THEATRE COMPANY CIO
Independenl examinerfs rtport io the trusiees ot West Glamorgan Youth Theatre Company CIO
I report lo the ¢harily trustees on my examinati￿ of the accounts d W8St Glarnorgan Youth TheatFe Company CIO Ilhe Trust) lor
the year ended 20 September 2024.
Responsibilities and basis of report
As the Cha￿tY trustees of the Trust Y(￿ are respcmsible lor the preparalion of the accounts ill accordance with thè requirements ol
the Charities Act 2011 Ilhe Acl'l.
I report in respect of my examinalion of the Trusts accwnts carned out under Section 145 of the Ad and in carryin9 Out my
exarninalion I hav8 Idlowed all applicable Directions given by the Charity C(xnmission under Sect￿n 14515llbl ol the Act.
Independent examinei's ststement
I have cornpleled rny examination. Il confirm that no material mattets have come lo my allention in connectY)n with the gx8minalion
giving me cause lo beli8ve that in any rn8teria1 r6spaei'.
g¢xounling rscords were not kept in re5P&t of the Ttust as ￿qUire(l by Section 130 01 the Act,. or
the accounts do not a(xord with those r￿Ords,. or
the accwnls do not comply wlh the applicable f8quirèmÉnls con￿mIng the fom and cc￿lent of accounts sel out in the
Charilies (Accounts and Reports) Regulations 2008 other than any requirEmÈnt that Ilie accounts give a true and lair view
whKh is not a matter considered as part of an independent exarnination.
I have no concems and have come acros5 no other matters in conn8Cliori wlh the examination lo whKh attenlion should be drawn
in this report in ortsr to enable a proper understanding of the accounts to be ￿￿ed.
MKhad Jones
Bevan 8uckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enl8rprise Pa
Swansea
SA7 9LA
D818'. .............................................
Page 4

WEST GLAMORGAN Yoiml THEATRE COMPANY CIO
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
Total
lun¢Js
Unrestricted
fund
Noles
INCOME AND ENDOWMENTS FROM
Donations and legac￿$
16,597
Charitable activlties
Y(xJth Theatre
30,878
23,443
Total
47,475
30,377
EXPENDITURE ON
Charitablè aetiviti•s
Youth Th8alre
71,529
25,258
INCOMEIIEXPENDrruRE)
124,0541
5.119
RECONCILIATION OF FUNDS
Total luncjs brought forward
31,986
26,867
TOTAL FUNDS CARRIED FOAWARD
7.932
31,986
The notes lorm part ol these financial statements
Page 5

WESTGLAMORGAN YOUTH ThEATRE COMPANY CIO
BALAhlCE SHEET
30 SEPTEMBER 2024
2024
Unreslricled
fund
2023
Total
lunts
Notes
CURRENT ASSErs
Cash al bank
9,332
33,282
CREDITORS
Amoullis falling due wrthin one year
11,41K)I
11,2961
NET CURRENT ASSETS
7,932
31,986
TOTAL ASSEfs LESS CuRRE￿r LIABIUTIES
7.932
31,986
ASSErs
7,932
31,986
FUNDS
Unreslrrled funds
7,932
31,986
TOTAL FUNDS
7.932
31,986
The financial slalemenls were approved by the Board ol Truslees and authori58d for issue on
weie signed on its behalf by".
and
k18y- Tru51ee
The notes lomi part ol these fina￿1￿1 51alem8nls
Page 6

WEST GLAMORGAN YOUTH ThEATrE COMPANY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAH ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES
Basis of preparing the financiBI 5tat8mènts
The financial slalemenls of the charity. which is a public benefit entity under FRS 102, have been prepared in accor(Jance
th the char￿lieS SOAP IFRS 1021 'Acccwnling and Reporting by Charilies.. Statement of R8commended Practice
applicable to charities preparing their accounts in accordance wlh the Financial Reporting Standard applicable in the UK
and Republic of Ifeland IFRS 1021 (effective 1 January 20191,, Financial Reporting Slandaid 102 'The Financi& Reporting
Standard applicable In the UK and Republic ol Ireland. and the Charities Acl 2011. The financial slal8menls have been
p￿pared underthe histonca1 cost convention.
Income
All income is r&ognised in the Statement ol Financial Acliwlies once the charity has enlillemenl to the funds. it is probablè
thai the income will be received and the amtyjnt can be measure(J Kdiably. The following specific policies are appii8d lo
particular Cal￿orIeS 01 incom8'.
Donati￿s, ir￿lUding those r81S8d through wAunt88rfundraising, are recognised when income has been received.
Student Conlribulions, relating to income received from Sludents att￿dIng classes IhrtyJghout the year. recognised when
the class I￿k place.
Event Tickets, organised with the venue to receNe a shar8 01 the profits and rec￿￿15? when the event Icx)k ￿ate.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or cwstruclive obligation committing the charity to that
expendilure. It ￿ probable that a Iransler ol economic benefits wll be required in settlement Ènd the amount ol the
obligation can be measufed reliably. Expenditure is accounted for on an arLnJ&s basis and has been classified under
headings Ihal aggregate all cost related to Ihe category. Where costs cannot be directly attributed to particular headings
they have been allocale(I lo aclivrties on a basis c￿$￿Stent with the use of res(KJrces.
Taxalion
The charity Is exempt from lax on ils charilable activities.
Fund a¢¢ountlng
Unreslricled funds can be used In aCcOr¢Jan￿ wilh the charikble objectives al Ihe discretion of the trustee5.
Rèstrict￿ funds can ￿lY be used for particular reslnded purposes within the objects of the charty. Restrictl￿S arise
when sp8cili8d by the donor or when funds ao raised lor particular reslricled purposes.
Further explanation of the nature and purwse ol each fund is included in the notes lo the financial slalements.
FIl￿nClaI Instruments
Th8 charity only has financial assets and financial liabilities ol a kind that qualify as basic financial instrum￿1$. Basic
financial instruments are initially recognised al transaction value and subsequently measured al their selllement value.
Dtbtors
Trade and oth8r debtor5 are recognised at the settlement amount due after any trarje discount offered. Prepayrnenls are
Wdlu8d at th8 amount pr8paid net d any trade discounts due.
Cash ai bank and in hand
Cash al bank and cash in hand iwludes cash and short term highty liquid inveslmenls with a short maturity of three mcmlhs
or less Ir(xn the dale of acquisition or opening ol the deposit or similar account.
Crèditors and provisions
credito￿ and prowsions are recognis8d where lh8 charity has a present d)ligalion resulting from a past event that wil
prd)ably resum in the transfer ol funds to a third party and Ihe amount due lo seiile the obligalion can be measured or
estimated reliably. Creditors and provisions are normally recognised al their settlement amount alter allowing lor any trade
discounts due.
Page 7
continued...

WESTGLAMORGAN YOLryH THEATRE COMPANY CIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES- contIn￿d
Bas1¢ Flnanclal a$s•ts
8asic financial assets, which includ8 debtors and cash and bank balan￿. are initially measured at transaction price
inGluding Iransadion cosls and are subsequentty carried at amortised cost using the effective interest method unless the
arran9emenl constilules a financing transaction. where the transaction Is measure(S at the present value of the future
receipts discounted al a market rale of interest. FinarKia5 assets classified as reoivable within one year afe not arnortised.
Basic financial liabilities
Basic financial liabilities, Including cre(Jilors, and bank loans are classified as debt, are initially recognisfd at transaction
pr￿e unless the arrangement constitutes a financing Iransaclion, wher8 th8 debt instrument is rnea5ured at th8 pr8S8nl
value of the lulure payments discounted al a market rale o* interest. Financial liabilities classified as payable Within one
year are not aMort￿ed.
Debl inslruments are subsequently carried at amortised cost, using th8 8￿￿tIVe interest rate melhod.
Trade creditors are obligati￿$ lo pay for goods or services that have been acquired in the or(linary coU￿e ol business
Irom suppliers. Amounts payable are classified Ès c￿r￿nt liabilities if payrnenl is due wilhin one year or less. 11 not, they are
p￿SenterI as non-curreni liabilitie5. Trade creditors are rec(ynised initially al transactiw pri￿ and subsequentty measured
al amortised cost U51ng Ihe eflective inteiesl m81h(KJ.
Prepaiatlon of the account$ on a golng concern basis
The company tne8ls It5 day-lo-day working capital requirements through its bank lacililies. The current e¢￿0M1¢
eondilion5 continue lo cr8ale uncertainly over the avai18bility ol bank finawe for the foreseeable lulure. The company's
forecasts and projections, taking accounl ol reasonably possible changes in trading pertormance, show that the company
should be able lo q)er8te within the level of ils current facilities. After making enqUIr￿e$, the trustees have a reasonable
expectation that the Company has adequate resources lo c(4)linue In cperalional existence the fO￿See￿e lulure. The
CfffiP8ny therefore continues to adopl the going concem tiasis in preparing Its financial ststements.
TRUSTEES, REMUNERATION AND BENEFrrs
There were no Iwslees, remuneration or other benefits lor the year anded 30 Saptèmb8r 2024 nor lor the yèar endèd
20 Sepl8rnber 2ff23.
Tru¥teès' expenseB
There were no Iruslees, expenses paid lor the year en¢Yed 20 September 2024 nor for the year ended 30 Seplefnb8r 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVrnES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
D￿al￿On$ and legacies
6,934
Charitable Bctivitie¥
Ywlh Theatre
23,443
Total
30,377
EXPENDITURE ON
Charitable activitles
Youth Theal
25.258
NET INCOME
5,119
RECONCILIATION OF FUNDS
Total funds brL¥Jght forward
26,867
Pa98 8
¢(￿tinUed...

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
NOTES TO TTr4E FINANCIAL STATEMENTS- conlinued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
COMPARATIVES FOR THE STATEMENT OF HNANCIAL ACTIVfflES- ￿ntinued
Unre51rict8d
fund
TOTAL FUNDS CARRIED FORWARD
31,986
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creclilors
1,4CX)
1,296
MOVEMENT IN FUNDS
Net
rnovemeni
in funds
Al
30.9.24
1.10.23
Unr•strict•d funds
Gen8ral fund
31,986
124,0541
7,932
TOTAL FUNDS
31.986
124,0541
7,932
Net movement in lunds, i￿luded in thè above are as fdlows..
Incoming
resoutces
Resources
expended
Movement
in funds
Unrestricted furKIs
General fund
47,475
171,5291
124,0541
TOTAL FUNDS
47,475
171,5291
124,0541
C¢)nyrative8 for movement in funds
Nel
rrEoveméni
in funds
At
1.10.22
Al
30.9.23
Unrestrlcled funds
General fund
26,867
5.119
31,986
TOTAL FUNDS
26,B67
5,119
31,986
C(xnparative net movément in funds, Included In the above are as Idlows..
Incorning
rescvrces
Ae50urces
expended
Movement
in funds
Unrestrleted funds
G8ner81 fund
30,377
125.2581
5,119
TOTAL FUNDS
30,377
125,2581
5.119
Page 9
continued...

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOA THE YEAR ENDED 30 SEPTEMBER 2024
MOVEMENT IN FUNDS- contlnued
A current y8ar 12 rnonths and prior year 12 months combined position Is as lollows=
Net
movement
In funds
At
1.10.¥2
At
30.9.24
Unre$tri¢ted fLtrnd#
General lund
26,867
118,9351
7,932
TOTAL FUNDS
26,867
118,9351
7,932
A current year 12 months an¢J prior year 12 monlhs combined nel movement in funds, included in the ar& as fdlows-.
Incoming
sources
R8sources
expended
Movement
in funds
Unr•strieled funds
GeF)eral fund
77,852
196,7871
118,9351
TOTAL FUNDS
77,852
196,7871
118,9351
RELATED PARTY DISCLOSURES
There were no related paty transactions lor lh8 y88r ended 30 S8plernber 2024.
Page 10

WEST GLAMORGAN YOUTH THEATRE COMPANY CIO
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2022
INCOME AND ENDOWMENTS
Oonaiions and legaci•$
Donalicns
16,597
Charitable activities
Sludenl Fees
Box Office and Program Sales
(Xher Income
26,183
4,431
264
20.807
2,614
30,878
23,443
Total Incomlng resources
47,475
80.377
EXPENDITURE
Charltable actlvltles
Wage5
Advertising
CYDC
Produ¢lion Costs
Administration
Residential Fees
Transport and Subsistenc8
Sludent Fees
Performance Rights
13,315
418
5.684
4,724
1,274
36,532
1,642
1,136
11,820
15
2,669
5,040
741
1,120
3CK)
66,045
23,257
Support co$1$
Goveman¢e ¢08ts
Insurance
Accountancy and legal lees
4,084
1,400
550
1,451
5,484
2,(￿1
Total ￿soUrceS expended
71,529
25,258
Net lexpendltureylneo
124,0541
5,119
This p8ge does not form part of the statutory financial statement5
Pagè11