Talking of Venue Cymru, the amended draft of the Annual Accounts has appeared today as part of the agenda for the Audit Committee next week.
This years loss is a mere £1,891,000 or £1,856,000 before IAS19 adjustment.
Turnover was DOWN from £5,046,000 to £4,387,000 and expenditure likewise from £7,056,000 in 2012/13 to £6,243,000 in 2013/14.
However, it did achieve it's objective of "making a surplus on the costs of performances and conferences in order to make a
contribution towards the staffing, maintenance and other running costs of the building". Or in other words, taxpayers are still paying for a white elephant.