Charity registration number 1150201 (England and Wales)
Company registration number 08179226
ARTIS COMMUNITY/CYMUNED LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ARTIS COMMUNITY/CYMUNED LIMITED
CONTENTS
Page
Trustees' report
1 - 9
Independent examiner's report
10
Statement of financial activities
11
Balance sheet
12
Statement of cash flows
13
Notes to the financial statements
14 - 27
ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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 102)".

Objectives and activities

The objectives of the charity are to advance the arts for the public benefit in particular among the communities of South Wales by delivering high quality professional community arts experiences, ensuring that creativity plays a role in local people’s lives socially, educationally and culturally by innovating, inspiring and including. Our objectives are underpinned by the seven goals of the Wellbeing of Future Generations Act. Since opening YMa in June 2023, as a space for culture, creativity and arts, our provision has focussed on activities that support innovation, enterprise and creative industries pathways; Arts, Health & Wellbeing; Creative Learning; Disability Arts; Welsh Language; Business Development & Environment, for all sections of the community.

The main activities undertaken in relation to these objectives are as follows:

Supporting innovation, enterprise and creative industries pathways activities:

Volunteer-Led Sessions & Activities

Regular sessions include Crochet Club (morning and afternoon), Repair Cafe, and Stay and Play, with a total of 34–37 activities led by volunteers in each quarter. The number of active volunteers remained steady at 13, with occasional new registrations and social events.

Events Supported by Volunteers

Volunteers supported a wide range of events, including discos, film showings, magazine launches, dance pathway events, wrestling shows, weddings, and talent searches.

Special programmes such as the Eisteddfod and summer holiday activities were also supported by volunteers.

Impact of Volunteering

Volunteering has helped individuals overcome isolation and low confidence, fostering a sense of community. Notable stories include one individual, who progressed from participant to confident volunteer, now teaching others.

Diversity and Inclusion

Volunteers include individuals from protected characteristic communities, and events like Halloween Hop-tŷ have high participation from marginalised groups, including disabled and LGBTQ+ individuals. Programmes support equality and diversity priorities, with inclusive activities for young people of all backgrounds.

Creative and Professional Development

Projects such as Gyda’n Gilydd 2024 successfully integrated returning and new participants, offering trainee roles and engaging both community members and professional artists.

Training and professional development days for YMa staff were enhanced based on their feedback, including sessions on Welsh and British Sign Language.

Partnerships and Outreach

Collaborations with organisations Ransack Dance, Dança Sem Fronteiras and Cardiff Metropolitan University have expanded opportunities for creative learning and inclusive dance practice. The Paper Trail Residency explored social issues through theatre and creative writing workshops.

Community Celebrations

Events such as the community showcase and Hop-tŷ Dolig brought together diverse groups, with performances, films, and mentoring sessions, both in person and online.

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

Overall Insights

The breadth and depth of volunteer involvement in supporting innovation, enterprise, and creative industries has been inspiring us. Volunteers have played a crucial role in supporting regular activities and events, and fostering an inclusive, supportive community. The impact was seen in personal growth, increased confidence, and the development of leadership skills among volunteers. Partnerships and creative projects have further enhanced the reach and effectiveness of the programme, with a strong emphasis on diversity, equality, and community engagement.

Arts, Health & Wellbeing Activities

Regular Clubs and Workshops

Crochet Club: Held on Wednesday mornings and evenings, focusing on making toys for donation. Volunteers share skills, and even beginners have progressed to making various items like jumpers and scarves.

Paint and Prosecco: Guided painting sessions with a professional artist, inclusive and step-by-step, helping participants create their own masterpieces.

Special Events and Projects

Arts & Minds Project Sharing Day: Hosted an evaluation sharing event with 40 attendees as part of an Arts & Mental Health partnership.

Summer Holiday Activities: Ran a recurring programme over five weeks, engaging 219 people of all ages. Activities included Mini Makers (sensory play for toddlers), Intergenerational Crochet Club, Drop-In Clay Workshop, and painting workshops.

Animal Encounters: Hosted a popular animal workshop, filling the venue with families.

Ongoing and Seasonal Programmes

Regular Weekly Activities: By October, a full schedule was in place, including Art Club, Crafty Cuppas, dance groups, music and film clubs, and more. Participation and retention was strong, with a focus on progression for children and young people.

Monthly Sessions: Launched Paint and Prosecco and Life Drawing classes, both selling out regularly.

Seasonal Events: Halloween, Christmas, and Mother’s Day celebrations engaged with hundreds of local people, with creative workshops and activities celebrating diversity and community.

Impact and Inclusion

Reducing Isolation & Increasing Wellbeing: Activities like Clothes Rail, creative wellbeing sessions, intergenerational events, and exhibitions have reached a wide audience, including up to 240 participants during key holiday periods.

Diversity and Accessibility: The programme is inclusive of LGBTQ+, neurodivergent, disabled, and those with lived trauma experience. It celebrates cultural diversity, uses Welsh and international references, and supports participants from varied socio-economic backgrounds

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -

Creative Learning:

Our lead volunteer took an interest in running our Soft Play exploration session with toddlers and parents / carers and was very well attended.

In May half term we trialled Mini Makers a Messy Play session to encourage imagination and creativity. We engaged 8 children plus parents in the first session and feedback suggested families wanted more like this for preschool age.

We started Aros & Chwarae / Stay ‘n’ Play, creative learning through play sessions as a permanent weekly session in YMa with great attendance.

Highest weekly attendance was 20 children and 14 adults.

Disability Arts Activities

Weekly Programmes: We continued to run regular sessions including True Colours, disabled adult dancers and our inclusive Boppers, Movers, Ransack Youth, Crafty Cuppa, and Art Club. Attendance remained steady, though growth was slower than hoped. Participant feedback is consistently positive.

Staffing and Funding: Funding enabled the employment of a freelance dance tutor to lead Boppers and Movers. The freelance dancer has contributed valuable skills and established a supportive class structure.

Self-Led Sessions: During a period of facilitator absence, participants continued some Crafty Cuppa sessions themselves, which were well received and we continued the sessions as a social and safe space.

True Colours Success: The True Colours dance programme continued to thrive, with positive feedback and a focus on securing more funding to increase regularity and expand to other day centres.

Guest Workshops: One True Colours group participated in a workshop with Same Hat Theatre company, exploring themes of happiness and co-creating movement ideas. The session was uplifting and centred on how relationships with our bodies change over time, particularly for disabled individuals.

Summer School: The ‘True Colours Create’ initiative engaged 10 disabled adults and a staff member from a local day centre, focusing on creative work and performance with professional dancers. The programme promoted dance and transferable skills such as confidence, teamwork, and coordination.

Special Visits: True Colours participants enjoyed a session led by local harpist Bethan Nia, linked to her research and development project.

Welsh Language Activities

Eisteddfod 2024

We took part in the Eisteddfod 2024, hosting a stall on two days in the Third Sector information area, collaborating with Interlink and Pontypridd Museum. We engaged the public in conversations about our programmes and offered opportunities to practise Welsh through creative activities.

Performances and Engagement:
Our Ransack Youth Dance Group, in partnership with Ransack Dance Company, delivered six pop-up performances at the Sunken Gardens in Ynysangharad Park, attracting audiences of 40–100 per show. This was a first-time performance experience for some young dancers.

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -

Creative Activities:
Over 200 bracelets with Welsh words were made with visitors during free activities at the stall. While this didn’t significantly increase local building visits due to the wide geographic range of attendees, it fostered community conversations and nostalgia about YMa’s pre-redevelopment history as a YMCA.

Interactive Art Installation:
An installation at YMa encouraged community involvement with the Welsh language, leading to an “alphabet” approach for evaluating significant words. This blueprint aims to promote innovative and safe ways to use and learn Welsh.

Community Access Stage – Hop-tŷ Eisteddfod:
This outreach event, in collaboration with RCT Arts Service, provided access and inclusion for the community and artists, with 46 attendees.

Welsh Language Theatre:
Four Welsh language theatre productions were hosted, with 13 full-house performances and 1,000 attendees. Themes included loss, isolation, LGBTQ+ identity, inequality, austerity, and gender issues.

Welsh Language Learning:
A yearlong entry-level Welsh course was delivered in partnership with University South Wales, attended by 21 people.

Further Collaborations:
Post Eisteddfod, YMa worked with Canolfan Calon Taf to discuss the National Anthem and women’s contributions in Wales, following the play “Gwlad Gwlad”.

Bilingual Storytelling Workshop:
An interactive, sold-out bilingual storytelling event was delivered, featuring Welsh and English stories, songs, and games.

Welsh Language Engagement (excluding regular activities):

“People, Planet, Paned” bilingual networking event: 35 registered participants

“Caban Crefft” craft sessions: Welsh language embedded through themed months

Bilingual storytelling session: Family participation in Welsh songs and stories

Senedd event: Bilingual performance poem for national stakeholders

Approximate direct reach: 80+ attendees in bilingual/Welsh activities.

Business Development

YMa Attendances 2024-25

Overall attendances 57,531

Our Essential Growth Plan reviewed our programme development and focussed on increasing room hires and activities engagement, to balance continuing financial challenges including high maintenance costs and increased utility bills.

Fundraising. Successful Funding Outcomes

Arts Council of Wales Revenue

Garfield Weston Application - Unrestricted funds

National Lottery Community Fund – Year 3 of 5-year activity programme

Arts Council of Wales - Gyda’n Gilydd. Funding to support collaborative, place-based creative dance, music and film engagement.

Arts Council of Wales – Swn yr Afon. Arts and Health funding for creative wellbeing programme

UK Shared Prosperity Fund (SPF) – Award secured for programme delivery

Hargreaves Foundation – Action CineYMa: Empowering Youth Through Film and Sport

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -

Environment

Community Environmental Initiatives:

Library of Things and Repair Cafe were part of the weekly operations at YMa. These initiatives focus on borrowing, returning, maintaining, and cleaning items, as well as hosting monthly repair events.

Events and Programmes:

The launch of Ponty Green Week brought together a diverse audience, including local artists and environmental organisations, to share knowledge and services.

Holiday programmes included creative activities such as wreath making with foraged and recycled materials, engaging 23 participants.

Pontypridd Green Week celebrated its fourth year, showcasing local groups and communities working towards environmental improvement.

Artis Community provides high quality art experiences that are driven by social outcomes. We believe in the transformational power of creativity to make a real difference to people's quality of life.

Our vision is of… Communities connected through creativity and kindness.’ Our mission is to spark journeys of individual and collective creativity, that unlock the potential in people and communities’

We achieve this by:

- Creative place making with our community in YMa, in the centre of Pontypridd.

- Continuing to deliver professional, multi-platform activities with measurable benefits, helping to overcome the social and economic disadvantage of the communities we work in.

- Building an innovative network of partnerships across sectors. With complementary principles and values, we create an environment of mutual support, shared capacity and expertise.

- Fostering innovation and aspiring for excellence both in arts practice and in business.

The organisations trustees can confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. Significant activities undertaken during the year that demonstrate public benefit are set out above.

Aims and Objectives

Progression for Everyone

Transforming Lives

Celebration

We achieve this by:

Adapting our delivery approach in managing a community building while continuing to provide professional multi-art form activities with measurable benefits, helping to overcome the social and economic disadvantage of the communities we work in.

Continuing to build an innovative network of strategic partnerships across sectors, linked to joined-up delivery of social outcomes.

Having complementary principles and values.

Creating an environment of mutual support, shared capacity and expertise with our partners.

Fostering innovation and aspiring for excellence both in arts practice and in business. We play an advocacy role in the cultural and creative industries and continually interrogate our own practice to strengthen our provision.

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -

Networking and Bilingual Engagement:

The event Pobl Planed Paned / People Planet Pastry was organised in partnership with Ymbweru Bro – Golwg Cyf and Small99, aiming to guide businesses towards net zero by 2025. This bilingual group encouraged networking in both English and Welsh and attracted a varied daytime audience, including those who work locally but may not live nearby. Thirty-five people registered in advance.

Film Festival and Cultural Exchange:

Gŵyl Ffilm Ein Gwlad, Ein Natur / Our Land, Our Nature Film Festival was held on 1st March, selling 120 tickets and drawing over 100 attendees for the Green Carpet event. The festival included film screenings, CPD sessions, and a National Lottery anniversary event, collectively supporting creativity, social connection, bilingualism, intergenerational engagement, mental health, and cultural exchange.

Overall, our Environment objective showcased a vibrant programme of environmental, creative, and community-focused activities, with a strong emphasis on bilingual engagement, sustainability, and cultural enrichment.

Key achievements in the year include:

Midway through 2024-25, we reached the 2 nd anniversary since opening YMa: Man Creu Meithrin Celf / Place for Culture Creativity Arts and although we’ve experienced significant financial challenges during that time, we have demonstrated resilience, continuing to grow public engagement in activities within the building. We’ve delivered and hosted a substantial and varied community hires programme and have sustained long-term tenants.

The Eisteddfod Genedlaethol Rhondda Cynon Taf in 2024, brought thousands of people into Pontypridd and as a festival venue, the week provided an incredible opportunity to showcase YMa, hosting a cultural week of performances, rehearsals and events. This was the highlight of our calendar!

Key performance indicators:

- 41 projects

- 6,966 sessions delivered

- 196,612 people engaged in activity

- Reached 154,612 online

FINANCIAL REVIEW

Principal funding sources were:

- Arts Council Wales Revenue Grant

- Arts Council Wales Project Grants

- National Lottery Community Fund Grant

- UK Shared Prosperity Fund

- Garfield Weston Foundation

The Charity made an unrestricted deficit for the period of £17,079 (2024: £43,631 deficit) and a restricted deficit of £45,670 (2024: £549 deficit).

The charity had negative free reserves (which exclude restricted funds and fixed assets) of £31,727 (2024: £10,707) at the balance sheet date.

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -

Reserves policy

The trustees of Artis Community have established a policy whereby, the unrestricted funds not committed or invested in tangible fixed assets (the free reserves) held by the charity should be between 6 and 12 months expenditure, this would currently equate to between approximately £325,000 and £650,000. At this level, the trustees feel that they would be able to continue activities of the charity in the event of a significant drop in funding. It would obviously be necessary to consider how such funding would be replaced or activities changed. At present the charity has negative free reserves of £31,727. The trustees are considering ways in which additional unrestricted funds will be raised.

FUTURE PLANS

We aim to:

- Build on our annual programme of creative wellbeing activies.

- Develop our Arts Pathways.

- Pilot Theatr TAFOD, our new Welsh language Youth Theatre with our partners Menter Iath Rhondda Cynon Taff and composer, Huw M.

- Pilot new Arts & Health programme.

- Continued focus on income generation and a sustainable future for YMa: Man Creu Meithrin Celf (Place for Culture Creativity Arts).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Artis community/Cymuned Limited is a company limited by guarantee and a registered charity. The charity is controlled by its Memorandum and Articles of Association.

Recruitment and appointment of new trustees

Prospective trustees meet with CEO and Chair of the board as an introduction, they provide a biography that is shared with current board members before attending a board meeting. A vote on the appointment will be taken by current members and if appointed there will be an induction by the CEO.

Induction and training of new trustees

Once recruited, new board members are provided with a Trustee recruitment pack that gives an overview of the Organisation, Vision, Mission & Strategic Objectives, Governance Structure, Board profile, staff structure, key policies and procedures, financial information and contact information.

The CEO will meet with the new trustee informally in YMa for a tour of the building, to meet staff and go through any questions the new trustee might have. We also provide an Arts & Business Cymru Truistee pack that includes 15 Questions a Trustee should ask to ensure resulience document; Board Appraisal Guide & Template; Nolan 7 Principles and The Charity Governance Code.

We encourage new Board members to attend On Board Governance Training through Arts & Business Cymru.

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -

Organisational structure

CEO is responsible and answerable to the Board of Directors, specifically the Chair. The CEO in turn line manages the following posts:

Company Manager

Fundraiser

Company Manager line manages:

Office & Finance Administrator

Development Officer

Community Fundraiser

Duty Managers

Receptionists

Customer Services Staff

Cleaner

Remuneration policy

Employee remuneration, including key management personnel, is set by reference to arts sector benchmarks.

ARTIS COMMUNITY/CYMUNED LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 9 -
Reference and Administrative Details
Charity number
1150201
Company number
08179226
Registered office
YMa
Taff Street
Pontypridd
Rhondda Cynon Taff
CF37 4TS
Key management personnel
Jên Angharad (CEO)
Nick Evans (Facilities and Community Manager)
Trustees
H Wilson (Chair) (resigned 25 February 2026)
C Hudson (Vice Chair)
D Pittick
E Newby
S Garrett
E Morris (Chair from 25 February 2026)
A Lloyd (appointed 1 July 2025)
Chief Executive Officer
Jên Angharad
Independent examiner
Katherine Parkin FCA
Azets Audit Services
Ty Derw
Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
Bankers
Lloyds Bank plc
Epona House
Phoenix Way
Swansea
SA7 9HG
Unity Trust Bank plc
4 Brindley Place
Birmingham
B1 2JB

The trustees' r eport was approved by the Board of Trustees.

E Morris - Trustee
19 March 2026
ARTIS COMMUNITY/CYMUNED LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ARTIS COMMUNITY/CYMUNED LIMITED
- 10 -

I report to the trustees on my examination of the financial statements of Artis Community/Cymuned Limited (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements 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 the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Katherine Parkin FCA
Azets Audit Services
Ty Derw, Lime Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8AB
19 March 2026
ARTIS COMMUNITY/CYMUNED LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 11 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income and endowments from:
Donations and legacies
3
218,157
23,875
242,032
213,470
65,425
278,895
Charitable activities
4
183,728
105,089
288,817
83,266
85,000
168,266
Other trading activities
5
101,674
-
101,674
97,202
-
97,202
Investments
6
-
-
-
3,781
-
3,781
Other income
7
-
-
-
347
-
347
Total income
503,559
128,964
632,523
398,066
150,425
548,491
Expenditure on:
Raising funds
8
49,477
-
49,477
52,767
-
52,767
Charitable activities
9
471,161
174,634
645,795
388,930
150,974
539,904
Total expenditure
520,638
174,634
695,272
441,697
150,974
592,671
Net expenditure and movement in funds
(17,079)
(45,670)
(62,749)
(43,631)
(549)
(44,180)
Reconciliation of funds:
Fund balances at 1 April 2024
21,765
45,670
67,435
65,396
46,219
111,615
Fund balances at 31 March 2025
4,686
-
4,686
21,765
45,670
67,435

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ARTIS COMMUNITY/CYMUNED LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 12 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
15
36,413
32,472
Current assets
Debtors
16
7,581
6,484
Cash at bank and in hand
23,134
38,511
30,715
44,995
Creditors: amounts falling due within one year
17
(26,451)
(10,032)
Net current assets
4,264
34,963
Total assets less current liabilities
40,677
67,435
Creditors: amounts falling due after more than one year
18
(35,991)
-
Net assets
4,686
67,435
The funds of the charity
Restricted income funds
21
-
45,670
Unrestricted funds
22
4,686
21,765
4,686
67,435

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 19 March 2026
E Morris - Trustee
Company registration number 08179226 (England and Wales)
ARTIS COMMUNITY/CYMUNED LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
- 13 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash absorbed by operations
26
(46,160)
(39,674)
Investing activities
Purchase of tangible fixed assets
(15,951)
(18,072)
Investment income received
-
3,781
Net cash used in investing activities
(15,951)
(14,291)
Financing activities
Proceeds from new bank loans
50,000
-
Repayment of bank loans
(3,266)
-
Net cash generated from financing activities
46,734
-
Net decrease in cash and cash equivalents
(15,377)
(53,965)
Cash and cash equivalents at beginning of year
38,511
92,476
Cash and cash equivalents at end of year
23,134
38,511
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 14 -
1
Accounting policies
Charity information

Artis Community/Cymuned Limited is a registered charity and private company limited by guarantee, with no share capital. It is incorporated in Wales in the United Kingdom. The registered office is YMa, Taff Street, Pontypridd, CF37 4TS. The nature of the company's operations and principal activities is disclosed within the Report of the Trustees.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The classifications of some comparative income and expenditure figures presented in these financial statements have been restated to more accurately reflect the underlying transactions and compliance with the Charities SORP. The total income, expenditure and net movement in funds for the y/e 31 March 2024 have not been impacted as a result of these reclassifications.

1.2
Going concern

The charity currently has negative free reserves of £31,727 (2024: £10,707) and the trustees report details further information regarding the charity's current financial position. The ability of the charity to continue in operation beyond 31 March 2027 is predicated on continued funding being provided by the Arts Council of Wales and at present there is no reason to believe that this will not continue.

Therefore at the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 15 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings
25% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 16 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Donations and gifts
295
-
295
145
-
145
Grants
217,862
23,875
241,737
213,325
65,425
278,750
218,157
23,875
242,032
213,470
65,425
278,895
Grants
Arts Council of Wales - Revenue Grant
197,862
-
197,862
202,935
-
202,935
Arts Council of Wales - Creative Futures
-
18,875
18,875
-
16,755
16,755
Arts Council of Wales - Jobs Protection & Resiliance Grant
20,000
-
20,000
-
-
-
Arts Council of Wales - Gyda'n Gilydd Grant 2023/24
-
5,000
5,000
-
48,670
48,670
Arts Council of Wales - Cost of Living Grant
-
-
-
9,157
-
9,157
Other
-
-
-
1,233
-
1,233
217,862
23,875
241,737
213,325
65,425
278,750
4
Income from charitable activities
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Charitable Activities
Ticket Sales
-
-
-
194
-
194
Commission Received
9,213
-
9,213
6,900
-
6,900
Workshop Classes and Contracts
56,379
-
56,379
20,472
-
20,472
Grants
67,364
105,089
172,453
31,858
85,000
116,858
Charitable rental income
50,772
-
50,772
23,842
-
23,842
183,728
105,089
288,817
83,266
85,000
168,266
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4
Income from charitable activities
(Continued)
- 18 -
Performance related grants analysis
Charitable Activities
Charitable Activities
2025
2024
£
£
National Lottery Grant Cinema
18,200
-
WCVA
9,999
-
UK Prosperity Grant
28,068
19,808
Garfield Weston Grant
30,000
-
Llenyddiaeth Cymru
131
-
RCTCBC Community Multiply Grant
10,000
-
National Lottery Community Fund
76,055
64,193
Cost of Living Grant
-
31,857
SineYMa / CineYMa
-
1,000
Other
-
-
172,453
116,858
5
Income from other trading activities
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Rental income
51,387
54,100
Fundraising events
-
1,741
Management fee
50,000
-
Other income
287
41,361
Other trading activities
101,674
97,202
6
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Other income
-
3,173
Interest receivable
-
608
-
3,781
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 19 -
7
Other income
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Donations
-
347
8
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Support costs
49,477
52,767
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 20 -
9
Expenditure on charitable activities
Charitable expenditure
Charitable expenditure
2025
2024
£
£
Direct costs
Staff costs
303,094
290,353
Depreciation and impairment
12,010
6,853
Direct costs
15,997
7,010
Advertising and Marketing
2,359
4,639
Training and welfare - staff
3,493
1,794
Volunteer Costs
437
1,447
Premises Costs
216
9,776
Equipment leasing
18,086
17,217
Insurance
7,733
5,065
Sundry
-
8,381
Administrative expenses
10,423
8,067
Repairs, renewals and maintenance
11,677
4,240
Artist fees
65,687
76,295
Building rental
50,000
-
Charitable trading costs
-
2,628
501,212
443,765
Share of support and governance costs (see note 10)
Support
140,544
92,110
Governance
4,039
4,029
645,795
539,904
Analysis by fund
Unrestricted funds
471,161
388,930
Restricted funds
174,634
150,974
645,795
539,904
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 21 -
10
Support costs allocated to activities
2025
2024
£
£
Staff costs
101,032
96,785
Sundry expenses
4,582
3,487
Rates
16,951
940
Travel and subsistence
1,667
1,576
Bank charges
486
263
Administrative expenses
3,387
-
PPS
1,713
3,630
Light and heat
53,245
33,881
Subscriptions
6,958
4,315
Governance costs
4,039
4,029
194,060
148,906
Analysed between:
Fundraising
49,477
52,767
Charitable expenditure
144,583
96,139
194,060
148,906
11
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
4,039
2,160
Depreciation of owned tangible fixed assets
12,010
6,853
12
Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year (2024 - £nil).

13
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
20
15
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13
Employees
(Continued)
- 22 -
Employment costs
2025
2024
£
£
Wages and salaries
368,136
349,849
Social security costs
22,554
25,614
Other pension costs
13,436
11,675
404,126
387,138
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel

The remuneration of key management personnel was as follows:

2025
2024
£
£
Aggregate compensation
85,832
80,489
14
Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

15
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 April 2024
77,281
Additions
15,951
At 31 March 2025
93,232
Depreciation and impairment
At 1 April 2024
44,809
Depreciation charged in the year
12,010
At 31 March 2025
56,819
Carrying amount
At 31 March 2025
36,413
At 31 March 2024
32,472

ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 23 -
16
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
7,581
6,484
17
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans
19
10,743
-
Other taxation and social security
5,025
3,500
Trade creditors
1,906
3,671
Other creditors
1,877
-
Accruals and deferred income
6,900
2,861
26,451
10,032
18
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans
19
35,991
-
19
Loans and overdrafts
2025
2024
£
£
Bank loans
46,734
-
Payable within one year
10,743
-
Payable after one year
35,991
-

Bank loans relate to a loan obtained from The Development Bank of Wales. The loan was awarded in September 2024. Interest is charged at a rate of 7.5% over a period of six years. The charity commenced interest payments from November 2024, with capital repayments starting in February 2025.

The loan is secured by way of a fixed and floating charge over all property owned by the charity.

20
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
13,436
11,675
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20
Retirement benefit schemes
(Continued)
- 24 -

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

21
Restricted funds

The restricted funds of the charity compri se the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be use d.

At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025
£
£
£
£
ACW Gyda'n Gilydd Grant 2023/24
45,670
5,000
(50,670)
-
National Lottery Grant - Cinema
-
18,200
(18,200)
-
WCVA Landfill Grant
-
9,999
(9,999)
-
UK Government Shared Prosperity Grant
-
28,068
(28,068)
-
RCTCBC Community Multiply Grant
-
10,000
(10,000)
-
National Lottery Community Fund
-
38,822
(38,822)
-
ACW Creative Futures Grant
-
18,875
(18,875)
-
45,670
128,964
(174,634)
-
Previous year:
At 1 April 2023
Incoming resources
Resources expended
At 31 March 2024
£
£
£
£
ACW Gyda'n Gilydd Grant 2023/24
-
48,670
(3,000)
45,670
Cardiff YMCA 1910
2,910
-
(2,910)
-
Summer Dance Programme
36,670
-
(36,670)
-
National Lottery Community Fund
6,639
64,192
(70,831)
-
UK Government Shared Prosperity Grant
-
19,808
(19,808)
-
ACW Creative Futures Grant
-
16,755
(16,755)
-
SineYMA / CineYMa
-
1,000
(1,000)
-
46,219
150,425
(150,974)
45,670
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21
Restricted funds
(Continued)
- 25 -

ACW Gyda'n Gilydd Grant 2023/24

This fund administered by Arts Council Wales is to support the delivery of our annual Summer School and the training and development of artists in 2023/24.

National Lottery Grant - Cinema

This fund from the small grant via NLCF is to support the development of our Cinema at YMa.

WCVA Landfill Grant

This fund was to support the development of our Planned Ponty Planet programme of work and our broader climate change development.

UK Government Shared Prosperity Grant

This fund, administered by RCTCBC, is to support our core work that cuts across programming and venue development.

RCTCBC Community Multiply Grant

This fund, administered by RCTCBC is a project to expand our existing community engagement initiatives, focusing on integrating numeracy into creative activities.

National Lottery Community Fund

This large fund from NLCF supports staffing, equipment, and programme delivery over a five year period.

ACW Creative Futures Grant

This fund was a business development grant from ACW to support the development of our fundraising team.

Cardiff YMCA 1910

The funding was for equipping the Creative Classroom, a space in which people of all ages and abilities come together and gain access to high quality equipment and training opportunities.

Summer Dance Programme

To champion inclusivity, creativity, and collaboration by bringing people of differing lived experiences, abilities, and ages together at YMa to build and strengthen our community through dance, music and film. The summer school gave opportunity to 30 children and young people aged 8 to 18 to work collaboratively with professional artists through music dance and film, to create a performance for parents, friends and funders.

CinYMa

A small grant received from Interlink to support the development of our Cinema at YMa.

Transfers

The transfers relate to purchases of fixed assets.

22
Unrestricted funds

The unrestricted funds of the charity compri se the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be use d. The se include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025
£
£
£
£
General funds
21,765
503,559
(520,638)
4,686
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Unrestricted funds
(Continued)
- 26 -
Previous year:
At 1 April 2023
Incoming resources
Resources expended
At 31 March 2024
£
£
£
£
General funds
65,396
398,066
(441,697)
21,765
23
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
36,413
-
36,413
Current assets/(liabilities)
4,264
-
4,264
Long term liabilities
(35,991)
-
(35,991)
4,686
-
4,686
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
32,472
-
32,472
Current assets/(liabilities)
(10,707)
45,670
34,963
21,765
45,670
67,435
24
Operating lease commitments
Lessee

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025
2024
£
£
Within one year
53,636
53,636
Between two and five years
205,884
209,520
In over five years
744,384
798,019
1,003,904
1,061,175
ARTIS COMMUNITY/CYMUNED LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
24
Operating lease commitments
(Continued)
- 27 -
Lessor

At the reporting end date the charity had contracted with tenants for the following minimum lease payments:

2025
2024
£
£
Within one year
34,496
34,496
Between two and five years
77,415
111,911
111,911
146,407
25
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

26
Cash absorbed by operations
2025
2024
£
£
Deficit for the year
(62,749)
(44,180)
Adjustments for:
Investment income recognised in statement of financial activities
-
(3,781)
Depreciation and impairment of tangible fixed assets
12,010
6,853
Movements in working capital:
(Increase)/decrease in debtors
(1,097)
17,035
Increase/(decrease) in creditors
5,676
(15,601)
Cash absorbed by operations
(46,160)
(39,674)
27
Analysis of changes in net debt
At 1 April 2024
Cash flows
At 31 March 2025
£
£
£
Cash at bank and in hand
38,511
(15,377)
23,134
Loans falling due within one year
-
(10,743)
(10,743)
Loans falling due after more than one year
-
(35,991)
(35,991)
38,511
(62,111)
(23,600)
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