LLENYDDIAETH CYMRU / LITERATURE WALES

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

Reporting scope

Standalone (parent only)

Auditor

HSJ Audit, Business and Tax Advisors

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 original financial statements were authorised for issue.”

Significant events

• “This year has been one of consolidation. Whilst a new reality of public sector funding cuts took hold across the sector, we have diversified our income and focused on our core projects, ensuring that we are achieving our vision of empowering, improving, and brightening lives through literature even more effectively.”
• “Collaboration and working in partnership has become crucial in these uncertain times and we're proud of the new national and international links made this year. For example, we signed an MOU with our long term partners, Books Council of Wales, and worked with them to provide funding for Wales Book of the Year shortlisted writers to hold events in communities across the country.”
• “Our financial resilience has also improved, with less reliance on funds from public sources. All arts charities are facing huge financial and political challenges at the moment, but our team are proud to be bucking the trend, with an 11% increase in income from a wide variety of sources.”
• “We were also able to contribute to the Senedd Culture Committees' 'Decade of Cuts' report which included a successful call for a reversal of cuts to Arts Council Wales for 25/26, and so we're excited for the year ahead.”
• “Speak Back supported the development of 14 poets and spoken word artists to develop their craft through a five-day, free-of-charge residential course.”
• “Representing Wales is a twelve-month writer development programme which sits at the heart of our Strategic Programme. It supports a cohort of fourteen writers annually.”
• “Llên mewn Lle | Lit in Place supports creative writing facilitators to design and deliver a project in their local community with a focus on well-being and the environment.”
• “This was Hanan Issa's third year as the National Poet for Wales.”
• “As Children's Laureate Wales, Alex travelled across Wales leading workshops and readings aimed at encouraging children and young people to explore the magic and playfulness of language as readers and writers.”
• “As Bardd Plant Cymru Nia Morais continues to focus her work around demonstrating how the Welsh language belongs to everyone.”
• “The Wales Book of the Year Awards celebrate outstanding literary talent from Wales across many genres and in both English and Welsh. The Awards play a vital role in launching careers, raising profiles and driving sales.”
• “Pencerdd supports Welsh language poets to develop their skills in the ancient craft of cynganeddu and the programme is run in partnership with Barddas.”
• “Ffrindiau Bardd Plant Cymru (Friends of the Bardd Plant) This project took six authors, including Nia Morais, into 36 schools across Wales to lead Welsh language creative writing and reading workshops.”
• “The Inspiring Communities Fund enables local communities to organise, deliver and enjoy a variety of literary activities.”
• “In 2024/25 we welcomed 781 writers at every stage of their writing journey to our courses at Tŷ Newydd (578 in 2023/24).”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +11.4%

  £1,140,542 → £1,270,458

• Cash

  +3.2%

  £615,480 → £635,177

• Net assets

  -2.5%

  £1,613,595 → £1,573,292

• Employees

  0%

  18 → 18

• Wages

  +13.2%

  £523,645 → £592,738

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers