THE WORTHING MUSICAL COMEDY SOCIETY
Regular workshops for the youth company, supporting their learning in preparation for performance and participation in the local music festival. Meeting twice each week to rehearse and instruct members in readiness for planned performances. Attending local institutions - church, convalescent homes, hospices - to provide entertainment for residents/members and to promote the profile of WMCS.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £161,286 to £192,276, resulting in a net income surplus of £30,990 for the year. The trustees report that there are no funds in deficit and the charity operates on a non-profit making basis. The financial review notes that the aim is to hold cash reserves equivalent to the estimated cost of one entire production.
What the accounts disclose
“It is the financial aim of the Board to strive to have in cash reserves the estimated cost of one entire production.” — page 10
“The Society owns the entire share capital of Worthing Musical Productions Limited. This does not trade but owns the freehold to the company headquarters/rehearsals facilities.” — page 10
“The Society owns the entire share capital of Worthing Musical Productions Limited.” — page 10
Trustees
- Amy Hart
- DENIS FULLER
- Dean Aaron Lawrence
- Heather Elizabeth Roberts
- James Warwick Reynolds
- LYNN FULLER
- Laura Michelle Burrows
- Lindy Stannard
- Nigel Charles Francis Newman
- Nikki Reynolds
- Victoria Emerson
- Wendy Karen Dunn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £145k | £114k |
| 31/12/2023 | £140k | £124k |
| 31/12/2022 | £102k | £100k |
| 31/12/2021 | £28k | £18k |
| 31/12/2020 | £37k | £18k |
Common questions
Is THE WORTHING MUSICAL COMEDY SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased from £161,286 to £192,276, resulting in a net income surplus of £30,990 for the year. The trustees report that there are no funds in deficit and the charity operates on a non-profit making basis. The financial review notes that the aim is to hold cash reserves equivalent to the estimated cost of one entire production. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARDEOLA CHARITABLE TRUST | 1 | £72k |
| THE BRANSFORD TRUST | 1 | £18k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £11k |
| THE THEATRES TRUST CHARITABLE FUND | 1 | £5k |
| SIR WILLIAM BOREMAN'S FOUNDATION | 1 | £5k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £4k |
| THE HABERDASHERS' FOUNDATION | 1 | £4k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £1k |
Charities like this
- THE NEWMARKET OPERATIC MUSICAL AND DRAMATIC SOCIETY LTD
- LEWISHAM YOUTH THEATRE LTD
- CENTRESTAGE PRODUCTIONS YOUTH THEATRE
- THE BARN THEATRE TRUST LIMITED
- THE WINDSOR FESTIVAL SOCIETY LIMITED
- WORCESTER THEATRES CHARITABLE TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WORTHING MUSICAL COMEDY SOCIETY | £145k | — | 0 | unclear | — | no doubt |
| THE NEWMARKET OPERATIC MUSICAL AND DRAMATIC SOCIETY LTD | £141k | — | 0 | unclear | — | noted |
| LEWISHAM YOUTH THEATRE LTD | £397k | — | 0 | below | — | no doubt |
| CENTRESTAGE PRODUCTIONS YOUTH THEATRE | £131k | — | 0 | unclear | — | no doubt |
| THE BARN THEATRE TRUST LIMITED | £243k | — | 0 | unclear | — | no doubt |
| THE WINDSOR FESTIVAL SOCIETY LIMITED | £215k | — | 0 | unclear | — | no doubt |