GWENT BALLET THEATRE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “In April 2024 we began rehearsals for our production Romeo a Juliet, which was first choreographed in 2011, with a recording of Prokofiev's score recorded especially for us by Sinfonia Cymru.”
• “The Company also presented an outdoor version of the show at Bryngarw Country Park and worked with the National Trust to present outdoor performances at Tredegar House & Gardens in Newport and Duffryn Gardens in the Vale of Glamorgan in August 2024.”
• “In the autumn, Ballet Cymru collaborated with Children's Laureate Wales 2023-25 Alex Wharton to produce a full-length production based on his book, Daydreams and Jellybeans.”
• “A new evening of short works was presented at the Riverfront Theatre in Newport in November 2024. It featured new work, Momentum choreographed by Pheonix Dance Company Artistic Director MJ Willis. The Company also commissioned internationally acclaimed choreographer and Ballet Cymru Associate Artist, Marc Brew who created a new work for the Company entitled Surge, exploring the movement of waves to create new energy.”
• “Ballet Cymru delivered 2 weeks of Wales Summer Dance and Wales International Ballet Summer School in collaboration with the Riverfront Theatre in Newport.”
• “The charity also employs a part-time Premises Manager and were able to recruit a part-time Finance Officer in February 2025.”
• “In May 2024 the Company received £187,752 in Theatre Tax Relief against the expenditure on creative productions in the previous year.”
• “In 2024 the Charity purchased a touring van with some of the funds received from the Theatre Tax Relief claim.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +47.7%

  £774,199 → £1,143,687

• Cash

  +24.3%

  £97,906 → £121,696

• Net assets

  +3.4%

  £794,442 → £821,525

• Employees

  +28.6%

  7 → 9

• Wages

  +46.9%

  £188,829 → £277,479

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers