for the Period Ended 31 January 2026
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2026 | ||
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£ |
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Distribution costs: |
(
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| Administrative expenses: |
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| Other operating income: |
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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| Profit(or loss) before tax: |
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| Tax: |
(
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2026 | ||
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Investments: |
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| Stocks: |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 3 |
(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 January 2026
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 January 2026
| 2026 | ||
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 January 2026
| 2026 | ||
|---|---|---|
| £ | ||
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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for the Period Ended 31 January 2026
Celebrating, Elevating and Transforming Black Music in Wales The Black Welsh Music Awards (BWMA) represents a significant and historic development in the cul-tural life of Wales. Established to address the longstanding under-recognition of Black musical talent, BWMA has created a dedicated platform where Black artists, musicians, songwriters, producers and creative professionals can be seen, celebrated and valued as an integral part of Welsh culture. The im-portance of this work extends far beyond an awards ceremony. BWMA is helping to change the narra-tive around who is recognised as a Welsh artist and whose contribution is considered part of the na-tional cultural story. For too long, talented Black musicians in Wales have had to navigate an industry in which opportunities for recognition, visibility and progression have not always reflected the quality or diversity of the talent being produced. BWMA was established specifically to address this gap and to create a platform rooted in the lived experiences, creativity and aspirations of Black communities in Wales. The inaugural Black Welsh Music Awards, held at the Royal Welsh College of Music & Drama in October 2025, represented a landmark moment. It provided national recognition for artists working across Afrobeats, R&B, gospel, reggae, jazz, hip-hop, grime and Welsh-language music, demonstrating that Black music in Wales is neither a niche contribution nor a single genre, but a rich and diverse part of the country’s cultural identity. Crucially, BWMA creates visibility where visibility matters. Recognition can help artists build confi-dence, strengthen professional networks, attract audiences, gain media attention and position them-selves for future opportunities. The awards also give emerging artists something that is particularly important in the early stages of a career: the knowledge that their work has value and that there is a community and industry willing to champion it. BWMA is also helping to build bridges between gen-erations. By celebrating established artists alongside emerging talent, it creates a pathway through which experience, knowledge and opportunity can be shared. Its wider programme of activity, includ-ing industry meet-ups and performance opportunities, demonstrates an ambition to create sustaina-ble development rather than limiting its impact to one annual event. The inclusion of Welsh-language categories is particularly significant. It challenges the false choice between Black identity and Welsh identity and demonstrates that Black Welsh artists can occupy both spaces fully and authentically. Recognition of Welsh-language Black artists strengthens the understanding that Black people are not simply participants in Welsh culture. They are also creators and custodians of Welsh cultural expres-sion. This was reflected in the inaugural awards, where Welsh-language music received dedicated recognition.
The Contribution and Impact of BWMA on Black Artists and the Cultural Landscape of Wales Executive Summary The Black Welsh Music Awards (BWMA) was established in response to a clear gap within Wales’ music and cultural landscape: the absence of a dedicated platform recognising the breadth, quality and con-tribution of Black musical talent in Wales. Founded to celebrate and elevate Black Welsh musical talent, BWMA has developed a platform that combines recognition, representation, community building, professional networking and cultural ad-vocacy. Its inaugural awards ceremony in October 2025 marked a significant milestone as Wales’ first dedicated awards celebrating music of Black origin. The initiative is significant because representation in the creative industries is not simply about being visible. It is about having equitable access to recognition, networks, opportunities, resources and plat-forms through which artists can develop sustainable careers. BWMA addresses this through five principal areas of impact: Recognition and visibility Professional and career development Community building and networking Cultural representation and Welsh identity Long-term change within the Welsh music industry Its significance has been reinforced by partnerships and recognition from organisations including Cre-ative Wales, the Musicians’ Union and the Welsh Parliament.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 October 2026
And signed on behalf of the board by:
Name: Uzo Iwobi
Status: Director