REGISTERED COMPANY NUMBER: 02375424 (England and Wales)
REGISTERED CHARITY NUMBER: 702506
ort of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
Cwmni Theatr Arad Goch
Acom
an
uarantee
Emyr Mortimer Archwilwyr Cyf
32 Y Maes
Caemarfon
Gwynedd
LL55 2NN

Cwmni Theatr Arad Goch
Contents of the Financial Staternents
ort
ear
arc
Page
Reference and Administrative Details
Report of the Trustees
2 to 4
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
7 to 8
Cash Flow Staternent
Notes to the Cash Flow Statement
10
Notes to tho Financial Statements
11 to 23

Cwmni Theatr Arad Goch
Reference and Administrative Details
ort
ear
arc
TRUSTEES
Mrs S M Boswell
Mr D Creunant
Dr D H Edwards
Mrs S Gibson
Prof. E H G Jones
Mrs A M Jones
Mrs G Owen
MrSMRees
Ms R C Williams
Mr S P Jones
COMPANY SECRETARY
Mrs N Vl Evans
REGISTERED OFFICE
Stryd Y Baddon
Aberyslwyth
Ceredigon
SY23 2NN
REGISTERED COMPANY
NUMBER
02375424 (England and Wales)
REGISTERED CHARITY
NUMBER
702506
INDEPENDENT EXAMINER
Emyr Mortirner Archwilwyr Cyf
32 Y Maes
Caernarfon
Gwynedd
LL55 2NN
SOLICITORS
Humphrey, Roberts & Bott
1 Alfred Pla
AberysbNylh
Ceredigion
SY23 2BS
ACCOUNTANTS
Emyr Mortimer Archwilwyr Cyf
32 Y Maes
Caernarfon
Gwynedd
LL55 2NN
Page 1

Cwmni Theatr Arad Go¢h
Re
istered number: 02375424
ort of the Trustees
ort
ear
arch 2024
The truslees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity foi the year ended 31 March 2024. The trustees have adopted
the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicab e to
charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main objective of the charity is to promote, maintain, improve and increase the education of the public
through the promotion of educational arts and drama of excellence, in particular the art of drama, dramatic
adaptations, miming, literature. dance. singing and rnusic. The charity provides a public benefit by producing and
performing dramas and workshops for children and young people. The charity also holds Iraining courses and
workshops for childien and drama teachers. These activities are subsidised by grants, tnost notably from The
Arts Council of Wales.
Arad Goch aims to create a Welsh contemporary theatre of the highest quality, which will expand and contribute
to the outlook, personal and cultural understanding of its audience.
The charity aims to provide support and opportuntties for artists lo enable them to develop their ideas. This
promotes Ihe development and improvement of the arts in Wales. hence contributing lo the Gullural richness of
our country.
The trustees have had regard to the Charities Comrnission guidance on public benefit.
Charitable activities
A full review of the achievement and performance of the charity is available in a separale chairman's report
which will be presented at Ihe Annual General Meeting. The Irustees are pleased Ihat parlicipalion levels and
audience sizes support their assessment that the charity is achieving ils objeclive, as does the ongoing
assistance of The Arts Council of Wales.
Public benefit
The trustees have complied with their duties as set out in Section 17(5) of the 2011 Charities Act to have due
regard to the public benefit guidance published by the Charity Commission.
FINANCIAL REVIEW
Principal funding sources
The charity's principal funding source is the Arts Council for Wales who contributed £352,04812023'. £355,964)
of core revenue funding for the year.
The results of the charity are shown in the Statement of Financial Activities. The overall net incoming resources
show a deficit of £138,740 (2023: Adjusted surplus of £86,292)-
Investmenl policy and objectives
The trustees, investment powers are govemed by the Memorandum & Articles of Association. The trustees have
a policy of keeping any surplus as liquid funds in high interest bearing short term deposits, which can be
accessed readily. The trustees are of the opinion that the charity does not have sufFicient reservés to warrant
investments in otherforms.
Page 2

Cwmni Theatr Arad Go¢h
Re
istered number: 02375424
ort of the Trustees
ort
ear
arch 2024
FINANCIAL REVIEW
Reserves policy
The trustees have established a policy whereby the unrestricted general funds ("the free reserves") held by the
charity should be equivalent to 3 to 6 months of the resources expended, which equates to approximately
between £125.000 and £250,000 in general funds. The actual free reserve. as at the end of March 2024 stood at
£240,649 (2023: £299,317).
At this level the trustees feel they would be able to continue the current activities of the charity. In the event of a
significant drop in funding, li would obviously be necessary to consider how the funding would be replaced or
activities changed. At present the general fund amounts to £292.551 (2023: £337,216), W￿l¢h is slightly above
the current target level, but in these inflationary times. the current free reserve value is not considered to be
excessive.
FUTURE PLANS
A full review of the planned future developments of the charity is available in a separate Chairman's Report
which will be presented at the Annual General Meets"ng. A revised f(XAr-year plan has been submitted to The Arts
Council of Wales.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doGument
The charity is controlled by its goveming documents, a Memorandum & Articles of Association, and constitutes a
limited company, limited by guarantee, as defined by the Companies Act 2006.
Rèeruitmént and appointmènt of néw trustèès
The names of the Iruslees (who are also directors for the purpose of company law) are noted on page 1.
Trustees are appointed by the members in General Meeting or by the truslees if there are vacant positions. The
minimum number of trustees is 3 and the rnaximurn 20. Trustees are appointed for a period of three years and
retire by rotation.
Organlsallonal structure
The trustees meet quarterly. Responsibility for running the charity. day to day, is delegated to the Artistic
Director, Jeremy Turner, and the Administrative Manager, Nia Wyn Evans. who are appointed by the trustees.
The trustees have the followng sub committees which report to the main Board:_
Buildings sub-committee
- Opening Doors sub-committee
- Artistic sub-committee
Staffing sub-committee
Business & sponsorship sub-committee
The liability of the member of the charity is limited to £1 each.
Induction and training of new trustees
When appointed, new trustees are notified of their role and responsibilities. This includes training on the policies
and practices of the charity. The charity has a policy of offering training suited to the individual needs of trustees.
Page 3

Cwmni Theatr Arad Go¢h
Re
istered number: 02375424
ort of the Trustees
ort
ear
arch 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and e￿Or.
The charity follows the policy bookiet with regard lo noling and tackling significanl risk areas, and the Board
meets quarterly in order to discuss how these can be minimised. The Irustees are of the opinion that there are
no significant risks that require disdosure in this report. Financial and management data are reviewed quartedy
by the treasurer and the Board.
EVENTS SINCE THE END OF THE YEAR
Information relating io events since the end of the year is given in the notes lo Ihe financial statements.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees (who are also the directors of Cwmni Theatr Arad Goch for the purposes of company lawl are
responsible for preparing the Report of the Trustees and the financial statements in accordance wilh applicable
law and United Kingdom Accounting Standards (United lfj'ngdom Generally Accepted Accounting Practice).
Company law requires the truslees to prep￿e financial statements for each financial year which give a true and
fair view of the stale of affairs of Ihe charitable company and of the inGoming resourGes and application of
resources, including the income and expenditure. of the charitable company for that period. In preparing those
financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudenl"
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume thal the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the charitable company and to enable them lo ensure that Ihe financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assels of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Approved by order of the board of trustees 20 November 2024 and signed on its behalf by:
Mrs N W Evans - Secretary
Page 4

Independent Examinerfs Report to the Trustees of
wmni
eatr
ra
0¢
Istere
num
er:
75424
Independent examinèrfs report to the trustees of Cwmni Theatr Arad Goeh ('the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March
2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparatK)n of the accounts in accordan￿ with the requirements of the Companies Act 2006
('the 2006 Act.).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under Section 145 of the Chariiies Act 2011 ('the 2011 Act'}. In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the
2011 Act.
Independent examinerfs slatement
Since your charity's gross income exceeded £250,IX)O your examiner must be a member of a listed body. I can
confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered
Accountants in England and Wales. whith is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connedion with the
examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act",
or
the accounts do not accord with those records: or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than
any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination- or
the accounls have not been prepared in accordance wilh Ihe methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities (applicable to charilies preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 102)).
I have no concerns and have come across no other matters in connection with Ihe examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Emyr Rice-Roberts BA FCA
Emyr Mortimer Archwilwyr Cyr
32 Y Maes
Caernarfon
Gwynedd
LL55 2NN
20 November 2024
Page 5

Cwmni Theatr Arad Goch
Statement of Financial Activities
ncor
oratin
an
ncome an
ear
nditure Account
or
arc
31.3.24
Total
funds
31.3.23
Total
funds
as restated
Unrestricted
fijnd
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
381.802
17,000
398,802
388,699
Charitable activities
Project grants
Production. development, workshop costs
50,000
50,000
124,829
33,386
57,229
7,932
40
41.318
57,269
20,458
65,686
Furtherance of primary objectives
Investment income
Other income
Total
3.686
20.108
496211
3.687
20.108
571,184
1,039
973
601,684
EXPENDITURE ON
Charitable activities
Production. developmenl, workshop costs
522,603
25,283
162,038
684,641
25,283
709,924
490,205
25,187
515,392
Furtherance of primary objectives
Total
162 038
NET INCOMEI(EXPENDITURE)
Transfers between funds
Net movement in funds
(51.675>
7.010
(44.665)
{87.065)
7,010
(94,075)
(138,740)
86,292
18
{138:740)
86,292
RECONCILIATION OF FUNDS
Total funds brought forward
As Freviously reported
Prior year adjuslment
As restated
337.216
1,111.882
63,250
1.175,132
1.449.098
63,250
1,512,348
1,402,737
23,319
1,426,056
13
337.216
TOTAL FUNDS CARRIED FORWARD
292 551
1081057
1 373,608
1,512,348
The notes form part of these financial statements
Page 6

Cwmni Theatr Arad Go¢h
Re
istered number: 02375424
Balance Sheet
arc
31.3.24
Total
funds
31.3.23
Total
nds
as restated
Unrestricted
fijnd
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
14
51.902
998.743
1,050,645
1,061,952
CURRENT ASSETS
Debtors
Cash at bank and in hand
15
61,222
190.193
251,415
93,180
11,865
105,045
154,402
202,058
356,460
117,470
340,560
458,030
CREDITORS
Amounts falling due within one year
16
(10.766)
122,731}
(33.497)
(7,634}
NET CURRENT ASSETS
240.649
82,314
322,963
450,396
TOTAL ASSETS LESS CURRENT
LIABILITIES
292,551
1,081,057
1,373,608
1,512,348
NET ASSETS
FUNDS
Unrestricted funds
Reslricled funds
TOTAL FUNDS
292 551
1081057
1 373 608
1.512,348
18
292,551
1,081,057
1 373 608
337,216
1,175,132
1,512,348
The charitable company is entitled to exemption frorn audit under Section 477 of the Companies Act 2006 for the
year ended 31 March 2024.
The members have not required the company to obtain an audit of tts financial statements for the year ended 31
March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilib'es for
(a}
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of
the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the
charitable company.
The notes form part of these financial statements
Page 7
continued...

Cwmni Theatr Arad Go¢h
Re
istered number: 02375424
Balance Sheet - continued
arc
These financial statements have been prepared in accordance with the provisions applicable to charitsble
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 20 November
2024 and were signed on ils behalf by:
Prof. E H G Jones - Trustee
Mrs S M Boswell - Trustee
The notes form part of these financial statements
Page 8

Cwmni Theatr Arad Goch
Cash Flow Statement
ort
ear
31.3.24
31.3.23
restated
a5
Notes
Cash flows from operating activities
Cash generated frotn operations
Net cash (used inllprovided by operating
activities
115,673
39,903
115.673
39,903
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixad assets
I nterest received
Net cash used in investing activities
(28,511)
1,995
3,687
22,829
14,143)
1,039
3.104)
Change in cash and cash
equivalents in the reporting
period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period
(138,502)
36,799
340.560
303,761
202,058
340,560
The notes form part of these financial statements
Page 9

Cwmni Theatr Arad Goch
Notes to the Cash Flow Statement
ort
ear
arc
RECONCILIATION OF NET IEXPENDITURE)IINCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
31.3.24
31.3.23
restated
as
Net {expenditure)lincorne for the reporting period (as per
the Statement of Financial Activities)
Adjustments for:
Depreciation charges
Profit on disposal of fixed assets
I nterest received
Increase in debtors
Increasel(decrease) in creditors
Net cash (used in)Iprovided by operations
(138.740)
86,292
38,322
(499)
(3.687)
(36,932)
25,863
115673
33,727
(1.039)
{72.802)
6.275)
39,903
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
Al 31.3.24
Net cash
Cash at bank and in hand
340,560
340,560
340,560
138,502)
138,502)
138,502)
202,058
202,058
202,058
Total
The notes form part of these financial statements
Page 10

Cwmni Theatr Arad Goch
Notes to the Financial Statements
ort
ear
arc
GENERAL INFORMATION
The charity is a private company limiled by guarantee, registered in England and Wales and a registered
charity in England and Wales. The address of the registered office is Stryd Y Baddon, Aberystwyth,
Ceredigion, SY23 2NN.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1
January 2019),. Financial Reporting Stsndard 102 'The Financial Repx)rting Standard applicable in the UK
and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared
under the historical cost convention.
The financial statements are prepa￿d in sterling. which is the funclional currency of the entity.
Limited by guarantee
Cwmni Theatr Arad Goch is a (x)mpany limited by guarantee. The liability of the members of the Gharity is
limited to £1 each.
Going concern
There are no material uncertainties about the charity's ability to continue as a going concern.
Income
All income is recognised in the Statement ol Financial Activities once the charity has entillement to the
funds, it is probable that the income will be re￿iVed and the amount can be measured reliably.
The following specific policies are applied to particular categories of income..
Income from donations or grants is recognised when there is evidence of enlitlement
to the gift, receipt is probable and its amount can be measured reliably.
Income from contracts for the supply of services is recognised with the delivery of the
contracted servits. This is classified as unreslricted funds unless there is a
contractual requirement for it to be spent on a particular purpose and returned rf
unspent, in which case it may be regarded as restricted.
Capital grants are recognised as restricted funds and amortised by equal annual
instalments on the same basis as the depreciation charge applicable to the assets
concerned and transferred to general funds
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing
the charity to that expenditure, it is probable that a transfer of economic benefits will be required in
settlement and Ihe amount of the obligation can be measured reliably. Expenditure is accounled for on an
accruals basis and has been classifEd under headings that aggregate all cost related to the category.
Where costs cannot be directly attributed to particular headings they have been allocated to activities on a
basis consistent wilh the use of resources.
Page11
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
ACCOUNTING POLICIES - continued
Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded al the
fair value at the date of revaluation less any subsequent accumulated depreciation and subsequenl
accumulated impairment losses.
An increase in the carrying amounl of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities A decrease in the carrying amount
of an asset as a result of revaluation. is recognised in other recognised gains and losses, except to which
it offsets any previous revaluation gain, in which case Ihe loss is shown within other recognised gains and
losses on the statement of financial activib'es.
Depreciation is calculated so as to write off the cost or valualion of an asset, less its residual value, over
the useful economic life of that asset as follows:
Freehold propety - 20/0 Straight line
Fixtures, fittings and equipment- 20 % reducing balan
Motor vehicles - 25% reducing balance
Computer equipment- 20°/o reducing balance
Any single item over the value of £100 is capitalised and incl￿ed in fmed assets.
A review for indicators of impairment is carried out at each reporting date. with the recoverable amount
being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount,
the asset is impaired accordingly. Prior impairmenls are also reviewed for possible reversal at each
reporting date.
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discietion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions 8rise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to Ihe financial
statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Activities in the period to
which they relate.
Financial instruments
A financial asset or a financial liability is iecognised only when the entty becomes a party to the
contractual provisions of the instrumenl.
Page 12
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
ACCOUNTING POLICIES - continued
Financial instruments
Basic financial instruments are initially recognised at the amount receivable or payable including any
related transaction costs. unless the arrangement conslitutes a financing transaction, where it is
recognised al the present value of the future payments discounted at a market rate of interesl for a similar
debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Financial assets thal are measured at cost or amortised (J)st are reviewed for objective evidence of
impairment at the end of each reporting date. If there is objective evidence of impaimient, an impairment
loss is recognised under the appropriale heading in Ihe statement of financial activities in which Ihe initial
gain was recognised.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in
a carrying amount of the financial asset that exceeds what the carrying amount would have been had the
impairment nol previously been recognised.
DONATIONS AND LEGACIES
31.3.24
31.3.23
restated
as
Donations
Grants
6,000
392,802
398,802
388,699
388,699
Grants received. included in the above. are as follows-
31.3.24
31.3.23
restated
as
Other grants
392 802
388,699
Page 13
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
INVESTMENT INCOME
31.3.24
31.3.23
restated
as
Deposit account interest
Other interest
3.687
991
48
INCOME FROM CHARITABLE ACTMTIES
31.3.24
31.3.23
restated
as
Activity
Project grants
Production. development. workshop
costs
Production. development. workshop
costs
Furtherance of pritnary objectives
Grants
50,000
124.829
Theatre tax relief
33.386
20.458
Performance fees
Performance fees
Workshop & training
fees
Facilities & equipment
rental
7,932
30,094
41.298
Furtheran￿ of primary objectives
13.086
6.405
Furtherance of primary objectives
14,089
17,983
210973
Grants received, included in the above, are as follow5:
31.3.24
31.3.23
restated
as
Project related grants
50.000
124.829
Page 14
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 7)
Direct
Costs
Totals
Production. developrnent.
workshop costs
Furtherance of primary
objectives
500,718
183,923
684,641
25,283
209 206
25,283
709 924
SUPPORT COSTS
Support
cosls
Governance
costs
Totals
Production, development, workshop
costs
Furtherance of primary objectives
183.923
183.923
25,283
209 206
25,283
183 923
NET INCOMEI(EXPENDITURE)
Net incomel(expenditurel is stated after chargingl(crediting):
31.3.24
31.3.23
restated
as
Depreciation - owned assets
Surplus on disposal af fixed assets
38,322
499
33,726
INDEPENDENT EXAMINERS. REMUNERATION
The independent examiner's remuneration constituted an examination fee of £1,50012023: £1,500) with
an additional £2,250 (2023: £2.250) for accountancy. tax compliance and other non-examination related
services.
Page 15
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
10. TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
Truslees. expenses
There were no trustees. expenses paid for the year ended 31 March 2024 nor for the year ended 31
March 2023.
11. RELATED PARTY TRANSACTIONSAND TRUSTEES. EXPENSES AND REMUNERATION
31.3.24
31.3.23
restated
as
Wages and salaries
Social security costs
Other pension costs
313,184
17,675
10,672
341,531
291,214
14,112
10,229
315 555
The avemge monthly number of empk)yees during the year was as follows:
31.3.24
31.3.23
restated
as
Actors & production
Technical & marketing
Administration & management
No employees received emoluments in ex￿$$ of £60.000.
The trustees, in their capacity as such, give their time and expertise without any form of remuneration or
other benefil in cash or kind. There were no expenses paid to the Iruslees in the year (2023.. Nil).
The trustees consider its key management personnel to comprise the trustees, the Artistic Director and
the Business Director, whom together, are responsible for the day-to-day operations of the theatre. The
total employment benefits of the key management ￿rSOnnel wère £87.377 {2023.' £93,312)
Page 16
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
nd
funds
Total
funcs
as restated
INCOME AND ENDOWMENTS FROM
Donations and legacies
388,699
388,699
Charitable activitios
Project grants
Production, development, workshop costs
124,829
124,829
20.458
63,853
20,458
65,686
Furtherance of primary objectives
1,833
Investment income
Other income
Total
1,040
973
475,023
(1)
1,039
973
601,684
126,661
EXPENDITURE ON
Charitable activities
Productlon, development, workshop costs
483,083
25.187
508,270
7.122
490,205
25,187
515,392
Furtherance of primary objectives
Total
7,122
NET INCOMEI(EXPENDITURE)
Transfers between funds
Net movement in funds
{33,247)
28,393
(4,854)
119,539
28,393
91,146
86,292
86,292
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
Prior year adjustmenl
As restated
318,751
23,319
342,070
1.083,986
1,402,737
23,319
1,426,056
1,083,986
TOTAL FUNDS CARRIED
FORWARD
337,216
1.175,132
1,512,348
Page 17
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
13. PRIOR YEAR ADJUSTMENT
The 2023 prior year adjustments, amounting to £23,319 relaled to the inclusion of the 2021 and 2022
theatre tax credit claims within the financial statements.
The 2024 prior year adjuslmenls. amounting to £63.250 related to the recognition of a restricted fund
grants debtor.
14. TANGIBLE FIXED ASSErs
Opening
doors
assets
Freehold
property
Plantand
machinery
COST
At 1 April 2023
Additions
Disposals
At 31 March 2024
DEPRECIATION
At 1 April 2023
Charge for year
Eliminated on disposal
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
1,178,700
348,966
1.936
931
1.178,700
350.902
931
156,765
23,574
327,087
4,763
898
180 339
331850
904
998 361
1021935
27
33
Page 18
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
14. TANGIBLE FIXED ASSETS - conlinued
Motor
vehicles
Computer
equipment
Totals
COST
Al 1 April 2023
Additions
Disposals
At 31 March 2024
DEPRECIATION
At 1 April 2023
Charge for year
Eliminated on disposal
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
14,426
26,575
1,995)
39,006
99.999
1,643,022
28,511
1,995)
1.669,538
99.999
12,648
6,714
83.672
3,265
581,070
38,322
18,863
86.937
618,893
1 050 645
1,061.952
1.778
16,327
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
restated
as
Trade debtors
Other debtors
Agor Drysau grant debtors
VAT
Accrued income
Prepayments
7.846
33.423
75,000
11,288
24,075
2.770
154,402
3.839
43.825
63,250
1,494
5.062
117,470
Page 19
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
restated
as
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
12,297
3,742
1,708
15,750
2,882
1,002
3,750
17. SECURED DEBTS
The following security is held and detailed as being outstanding on Ihe Companies House register..
Ale
al char
e in favour of the Arts Council of Wales
Created.. 1 December 2006
Details." charge over the freehold known as 'the Mar6e'. Bath St￿et, Aberystwyth - Uno WA833924 and
the Vestry schoolrooms. Bath Street, Aberyshvyth Vno WA649146.
Amount secured: £2.092,933 and all other monies due or to become due.
Ale
al char
e in favour of the Arts Council of Wales
Created.. 8 July 2005
Details.. charge over the freehold thown as Unit 61, Glanyrafon Industrial Estate, Llanbadarn Fawr,
Aberystwyth - tlno CYM194033.
Amount secured: £157,500 and all other monies due or to become due.
Ale
al char
e in favour of the Arts Council of Wales
Created.. 2 December 2004
Details.. charge over the freehold property known as 'the Manse,, Bath Street, Aberystwh Uno
WA833924.
Amount secured.. £232,754.00 and all other monies,obligations and liabilities due or lo become due from
the company to the chargee under the temis of Ihe aforements'oned instrument creating or evidencing the
charge.
Page 20
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
18. MOVEMENT IN FUNDS
Prior
year
adjustment
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
337,216
(51,675)
7,010
292,551
Restricted funds
Capilal grants
Agor Drysau festival
project
Tu fewn tu fas
Clera
1.024,019
{25,304)
998,715
87,803
75
15
1.111,882
1,449,098
632SO
(87,065)
18,354
(75)
15
7,010
82,342
63,250
63,250
87,065)
138,740
1,081,057
1,373,608
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
496,211
(547.886)
(51.675)
Restricted funds
Agor Drysau festival projecl
74,973
(162,038)
(87,065)
TOTAL FUNDS
571.184
709 924)
138.740)
Page 21
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Prior
year
adjustment
Net
movement
in funds
Transfers
belween
funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
318.751
23,319
{33,247)
28,393
337,216
Restricted funds
Capilal grants
Agor Drysau festival
project
Tu fewn tu fas
Clera
Technical course
1,047,803
(23,783)
1.024,020
36,183
111.974
2,895
75
{588)
6,992
28.393)
151,052
75
{15)
573
6,992
119,539
86,292
1,083,986
1,402,737
1,175,132
1,512,348
TOTAL FUNDS
23,319
Comparative net movement in funds, induded in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
475,023
(508,2701
(33,247)
Restricted funds
Agor Drysau festival projecl
Clera
Technical course
114,999
1,833
9.829
126,661
601.684
(3.025)
(1,2601
111,974
573
6,992
119.539
86,292
7,122)
515.392)
TOTAL FUNDS
Material restricted funds
Ca ital Grant Fund
This represents capital grants received by the charity to be used for funding its building and equipment. A
transfer is made on an annual basis to the general fund of an am(xJnt equal to the depreciation in the
assets funded by the grant.
enin
Doors Pro
ect
This relates to a bi-annual festival organised by the charity to promote international actors, foreign
dramatic activities and performances. The festival is funded by the Arts Council for Wales (ACW), Town
Council and other sponsorships.
Page 22
continued...

Cwmni Theatr Arad Goch
Notes to the Financial Statements- corrtinued
ort
ear
arc
18. MOVEMENT IN FUNDS - continued
Material restricted funds - continued
Tu Fewn Fu Fas
Funding was received from Heallhier Wales to take the production to primary schools in Powys. after a
joint application for the funding was made by Arad Goch and Dyfed Powys Police. The production was
shown to 90 schools in Powys during the year ended in March 2022.
Clera Ceredi
ion
unding was received from Cynnal y Cardi in order to take the production around the communities of
Ceredigion during the summer of 2021. The production had lo keep to the slrict Covid regulations which
were in force at the time and was airned at communities which had been starved of creative performances
during 2021.
Technical Course
Funding was received from Ceredigion Council for Ihe provision of Welsh medium technical theatre
courses. The courses took place during the first quarter of 2023.
19. EMPLOYEE BENEFrr OBLIGATIONS
The amount recognised in income or expenditure as an expense in relation to defined contribution plans
was £10.673 {2023'. £10.229).
20. RELATED PARTY DISCLOSURES
There were no related party transactions for Ihe year ended 31 March 2024.
21. POST BALANCE SHEET EVENTS
The trustees confirm that there are no posl balance sheet events to disdose {2023: Nil).
Page 23

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accordance with the registrar's rules relating to electronic forni, authentication and
manner of delivery under section 1072 of the Companies Act 2006.