THE CBSO DEVELOPMENT TRUST
The charity exists to apply its income and all or part of its capital towards the financial support of the City of Birmingham Symphony Orchestra
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £9,614 for the year, driven by grants of £479,500 exceeding total income of £125,333. However, unrestricted reserves increased to £508,000, and the trustees confirm that going concern remains appropriate with adequate resources to meet future objectives.
What the accounts disclose
Funders the charity credits
Structured financials (annual return, FY ending 05/04/2023)
Trustees
- CHRISTOPHER THOMAS LOUGHRANchair
- DAVID JOHN PETT
- ELIZABETH FROSTICK
- GORDON HENRY BUCHANAN CAMPBELL
- JULIANNA HALL
- Mr Charles Barwell
- Mr John Osborn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £125k | £495k |
| 05/04/2024 | £203k | £412k |
| 05/04/2023 | £2.9m | £533k |
| 05/04/2022 | £108k | £179k |
| 05/04/2021 | £0 | £143k |
Common questions
Is THE CBSO DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £9,614 for the year, driven by grants of £479,500 exceeding total income of £125,333. However, unrestricted reserves increased to £508,000, and the trustees confirm that going concern remains appropriate with adequate resources to meet future objectives. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANTHONY AND ELIZABETH MELLOWS CHARITABLE SETTLEMENT | 3 | £125k |
| THE MARCHUS TRUST | 3 | £20k |
| THE IDLEWILD TRUST | 2 | £110k |
| DR RADCLIFFE'S TRUST | 2 | £14k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 2 | £10k |
| L G HARRIS TRUST | 1 | — |
| THE ARDEOLA CHARITABLE TRUST | 1 | £2.5m |
| THE HELEN HAMLYN TRUST | 1 | £2.5m |
Charities like this
- CITY OF BIRMINGHAM SYMPHONY ORCHESTRA
- THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST
- BOURNEMOUTH SYMPHONY ORCHESTRA
- BIRMINGHAM MUSEUMS TRUST
- RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED
- BRISTOL MUSIC TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CBSO DEVELOPMENT TRUST | £125k | — | 0 | above | — | no doubt |
| CITY OF BIRMINGHAM SYMPHONY ORCHESTRA | £8.6m | — | — | above | — | no doubt |
| THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST | £1.1m | — | 0 | above | — | no doubt |
| BOURNEMOUTH SYMPHONY ORCHESTRA | £8.6m | — | 3 | unclear | — | no doubt |
| BIRMINGHAM MUSEUMS TRUST | £12.6m | — | — | above | — | noted |
| RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED | £1.8m | more than £60,000 | 1 | unclear | — | no doubt |