FRIENDS OF THE TIVOLI
To promote, restore, maintain, improve and advance public education in the performing arts.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a group surplus of £69,334 for the year ended 31 December 2024, with unrestricted funds totaling £1,431,628. The trustees report that the financial position is sound, with sufficient reserves to meet the risk-based policy target of £158,650 and to continue operations as a going concern. The charity relies on its wholly owned trading subsidiary, Tivmanco Limited, which generated a surplus of £154,177 and covenanted £111,809 to the charity in 2024.
What the accounts disclose
“The figure for 2024 was set at £158,650 (2023 £173,070).”
“At the balance sheet date £10,974 was owed by Tivmanco Limited (2023: £24,124 being the balance on the inter-company loan account through which relevant expenses and income are transferred to the charitable company).”
“The Charity’s wholly owned non-charitable trading subsidiary, Tivmanco Limited” — page 25
Property (HM Land Registry)
Trustees
- Alan Breakwellchair
- Andrew Clive Graham Watkins
- Anita June Cole
- ROBIN DAVID COOK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £137k | £110k |
| 31/12/2023 | £173k | £115k |
| 31/12/2022 | £18k | £97k |
| 31/12/2021 | £163k | £81k |
| 31/12/2020 | £106k | £85k |
Common questions
Is FRIENDS OF THE TIVOLI financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a group surplus of £69,334 for the year ended 31 December 2024, with unrestricted funds totaling £1,431,628. The trustees report that the financial position is sound, with sufficient reserves to meet the risk-based policy target of £158,650 and to continue operations as a going concern. The charity relies on its wholly owned trading subsidiary, Tivmanco Limited, which generated a surplus of £154,177 and covenanted £111,809 to the charity in 2024. Its FY2024 accounts were audited by Francis Clark LLP.