Grand Pavilion Events C.I.C.
Grand Pavilion Events CIC was registered on 13 March 2016 as a community interestcompany to benefit the residents of Llandrindod Wells and surrounding areas. It plans todevelop the building known as “Pavilion Mid Wales” into a thriving community venue offering an extensive programme of live music, grassroots music, arts & culture and community events. Additional information: Grand Pavilion Events CIC operates Pavilion Mid Wales as a not-for-profit venue. Any surplus generated is re-invested into the upkeep, maintenance and improvement of the building and the services offered. The financial year 2024/2025 has been one of continued resilience, community growth and programme expansion. Community engagement increased throughout the year across live music, children’s theatre, comedy and private hire events. In addition, the year saw a continued increase in rehearsal room bookings from both established groups and emerging musicians. It has been encouraging to see new local bands forming and using Pavilion Mid Wales as a creative base, contributing positively to the growth of the local grassroots music scene. Operational efficiencies initiated in previous years to reduce expenditure, particularly around energy usage and operational overheads, continued to be effective and are reflected in this year’s accounts. Our focus remains on improving sustainability, accessibility and long-term viability. A significant milestone during the year was the award of a £25,000 grant from People Postcode Lottery–Postcode Community Trust. This crucial funding would enable the purchase of additional equipment required to complete our new PA system, significantly improving technical capability and enhancing the audience, performer and hirer experience. Part of the funding was also used to programme a series of “free” family shows for later in 2025. Work was completed on a feasibility study of Pavilion Mid Wales which was grant funded through Shared Prosperity Fund – Community and Place. This study has provided valuable information regarding the condition of the building and potential development projects for the future. At the end of 2024, the directors were approached by the landlords, Powys County Council, regarding a potential asset transfer. An expression of interest was submitted to the Strategic Asset Board in December and as at the end of the financial year negotiations are ongoing.
Revenue
£112k
▼ -15.7% vs prior ~12m period
Profit after tax
-£9k
Margin -7.6%
Employees
3
– 0.0% vs prior ~12m period
Net assets
£8k
Total assets £38k
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2025 | £112k | ▼ -15.7% | -£9k | 3 | £8k |
| 31 Mar 2024 | £133k | ▼ -8.9% | £5k | 3 | £17k |
| 31 Mar 2023 | £146k | ▲ +1.5% | -£1k | 3 | £12k |
| 31 Mar 2022 | £144k | ▲ +168.5% | £7k | 4 | £13k |
| 31 Mar 2021 | £54k | ▼ -45.3% | £7k | 2 | £6k |
| 31 Mar 2020 | £98k | — | £2k | 2 | -£1k |
Latest available figures
Period ending 31 Mar 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £112k
- Gross profit
- £56k
- Operating profit
- -£9k
- Profit before tax
- -£9k
- Profit after tax
- -£9k
Balance sheet
- Total assets
- £38k
- Cash
- £19k
- Total liabilities
- £30k
- Net assets
- £8k
- Revenue per employee
- £37k
Similar companies
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| Bristol City Women Football Club Limited 11460716 | Arts & recreation | Bristol | £994k | ▼ -20.8% | 46 |
| West Middlesex Club Limited(The) 01270039 | Arts & recreation | Southall | £992k | ▲ +19.4% | 19 |
| Endpoint Esports Ltd 10341616 | Arts & recreation | Sheffield | £990k | ▲ +23.2% | 9 |
| Boxing Scotland Limited SC203383 | Arts & recreation | Glasgow | £989k | ▲ +6.3% | 11 |
| David Nash Sculpture Limited 06342429 | Arts & recreation | Gwynedd | £945k | ▲ +64.6% | 4 |
Other arts & recreation companies in Wales
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| Corbett Bookmakers (Holdings) Limited 11166246 | Arts & recreation | Sealand | £87.7m | ▲ +90.5% | 0 |
| Corbett Bookmakers Limited 00998813 | Arts & recreation | Deeside | £82.9m | ▲ +88.2% | 136 |
| Les Croupiers Casino Limited 01351740 | Arts & recreation | Cardiff | £49.0m | ▲ +239.5% | 97 |
| Castle Leisure Ltd 00118558 | Arts & recreation | South Glamorgan | £30.6m | ▲ +83.9% | 550 |
| Flintshire Libraries And Leisure Limited 15993971 | Arts & recreation | Deeside | £10.6m | — | 389 |