REGISTERED COMPANY NUMBER: 02218712 (England and Wales)

REGISTERED CHARITY NUMBER: 700947

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Criccieth Arts Association

Cymdeithas Celfyddydau Criccieth

Page

Report of the Trustees

1

to

2

Statement of Financial Activities

3

Balance Sheet

4

to

5

Notes to the Financial Statements

6

to

9

The trustees 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 for the year ended 30 September 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The advancement of public education in the musical and visual arts in North Wales and to promote and foster the appreciation and understanding of music and art in all its aspects.

Significant activities

The charity operates an annual arts and musical festival in Criccieth in June each year.

Public benefit

The trustees consider that the annual festival improves access locally to culture and the arts.

Volunteers

The charity relies on the support of volunteers to man the box office and all other activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The trustees who are also directors of the company are deputed to fill casual vacancies as and when required.

Organisational structure

The charity is governed by the Chairman,Secretary and three trustees.

Induction and training of new trustees

New trustees are briefed on their responsibilities when attending board meetings.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02218712 (England and Wales)

Registered Charity number

700947

Registered office

1 Thomas Buildings

New Street

Pwllheli

Gwynedd

LL53 5HH

Trustees

Mrs J C Gloster (resigned 15.5.25)

P W George

Ms M Chantler

M T Hine

Mrs M L Eckstein

Company Secretary

Approved by order of the board of trustees on 12 January 2026 and signed on its behalf by:

M T Hine - Trustee

30.9.25

30.9.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

1

559

Other trading activities

2

17,098

16,545

Investment income

3

3,130

1,242

Total

20,229

18,346

EXPENDITURE ON

Raising funds

665

1,673

Charitable activities

Festival

16,013

11,665

Total

16,678

13,338

NET INCOME

3,551

5,008

RECONCILIATION OF FUNDS

Total funds brought forward

64,070

59,062

TOTAL FUNDS CARRIED FORWARD

67,621

64,070

30.9.25

30.9.24

Unrestricted

Total

fund

funds

Notes

£

£

CURRENT ASSETS

Cash at bank

68,071

64,502

CREDITORS

Amounts falling due within one year

7

(450

)

(432

)

NET CURRENT ASSETS

67,621

64,070

TOTAL ASSETS LESS CURRENT LIABILITIES

67,621

64,070

NET ASSETS

67,621

64,070

FUNDS

8

Unrestricted funds

67,621

64,070

TOTAL FUNDS

67,621

64,070

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities 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.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 12 January 2026 and were signed on its behalf by:

M T Hine - Trustee

P W George - Trustee

1.	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 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting 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.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

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 the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified 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 with the use of resources.

Taxation

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 discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise 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 the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2.	OTHER TRADING ACTIVITIES

30.9.25

30.9.24

£

£

Ticket sales-festival

10,998

9,345

Sponsorships

6,100

7,200

17,098

16,545

3.	INVESTMENT INCOME

30.9.25

30.9.24

£

£

Deposit account interest

3,130

1,242

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.9.25

30.9.24

£

£

Grants to institutions

-

350

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

559

Other trading activities

16,545

Investment income

1,242

Total

18,346

EXPENDITURE ON

Raising funds

1,673

Charitable activities

Festival

11,665

Total

13,338

NET INCOME

5,008

RECONCILIATION OF FUNDS

Total funds brought forward

59,062

TOTAL FUNDS CARRIED FORWARD

64,070

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Accrued expenses

450

432

8.	MOVEMENT IN FUNDS

Net

At

movement

At

1.10.24

in funds

30.9.25

£

£

£

Unrestricted funds

General fund

64,070

3,551

67,621

TOTAL FUNDS

64,070

3,551

67,621

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

20,229

(16,678

)

3,551

TOTAL FUNDS

20,229

(16,678

)

3,551

Comparatives for movement in funds

Net

At

movement

At

1.10.23

in funds

30.9.24

£

£

£

Unrestricted fund

59,062

5,008

64,070

TOTAL FUNDS

59,062

5,008

64,070

Comparative net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

18,346

(13,338

)

5,008

TOTAL FUNDS

18,346

(13,338

)

5,008

A current year 12 months and prior year 12 months combined position is as follows:

Net

At

movement

At

1.10.23

in funds

30.9.25

£

£

£

Unrestricted fund

59,062

8,559

67,621

TOTAL FUNDS

59,062

8,559

67,621

Net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

38,575

(30,016

)

8,559

TOTAL FUNDS

38,575

(30,016

)

8,559

9.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2025.