ADDERBURY MUSIC TRUST
Promoting concerts and other such musical events in and around Oxfordshire
Objects
TO PROMOTE IMPROVE DEVELOP AND MAINTAIN PUBLIC EDUCATION IN AND APPRECIATION OF THE ART AND SCIENCE OF MUSIC IN ALL ITS ASPECTS BY THE PRESENTATION OF PUBLIC CONCERTS AND RECITALS IN AND AROUND THE COUNTY OF OXFORD OR ELSEWHERE AND BY SUCH OTHER WAYS AS THE TRUSTEES SHALL FROM TIME TO TIME DETETRMINE
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £25,274 to £24,325 due to a net outgoing resource of £949, resulting in a deficit for the year. The trustees report that the finances are healthy and stable, with the reserves policy being to maintain minimal free reserves subject only to predicted imminent expenditure. The charity has no permanent endowments and no employees.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a minimal level, subject only to predicted imminent expenditure in the immediate future.”
Policies the charity declares
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Trustees
- SUSAN THERESA CARRDUSchair
- ANDREW DAVIS
- IAIN DEREK BELTON
- SIAN LOUISE EDWARDS
- STEPHEN ROBERT BANKS
- VICTORIA CLAIRE HOPE-WALKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £37k | £38k |
| 31/12/2023 | £36k | £38k |
| 31/12/2022 | £67k | £38k |
| 31/12/2021 | £1k | £2k |
| 31/12/2020 | £13k | £12k |
Common questions
Is ADDERBURY MUSIC TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £25,274 to £24,325 due to a net outgoing resource of £949, resulting in a deficit for the year. The trustees report that the finances are healthy and stable, with the reserves policy being to maintain minimal free reserves subject only to predicted imminent expenditure. The charity has no permanent endowments and no employees. Its FY2024 accounts were independently examined.