THE EXETER & DISTRICT CLASSICAL MUSIC TRUST
For the advancement of education in classical music by the provision of grants or bursaries toward the cost of public professional performances, training or education in music, the development, upkeep and maintenance of venues providing such performances in Exeter and it's surrounding districts
Financial health, per its FY2025 accounts
The accounts state that total unrestricted receipts decreased to £59,186 while unrestricted payments fell to £53,299, resulting in a net surplus for the year. Total funds of the Trust stood at £2,322,600, a decrease from the previous year's £2,372,170, driven largely by net payments in the endowment funds. The trustees report that systems are in place to mitigate risks and that reserves are maintained to respond to assistance requests.
What the accounts disclose
“It is the policy of the trustees to maintain reserves at a level appropriate to the Trusts operations. Reserves are maintained at such a level as to be able to respond to any requests for assistance.” — page 5
Trustees
- Abigail Chubb
- Claire Whewell
- DAVID FERENS BATTY
- David McClelland Chubb
- JOHN CHRISTOPHER CROWLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £78k | £83k |
| 05/04/2025 | £59k | £53k |
| 05/04/2024 | £70k | £59k |
| 05/04/2023 | £57k | £71k |
| 05/04/2022 | £56k | £15k |
Common questions
Is THE EXETER & DISTRICT CLASSICAL MUSIC TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted receipts decreased to £59,186 while unrestricted payments fell to £53,299, resulting in a net surplus for the year. Total funds of the Trust stood at £2,322,600, a decrease from the previous year's £2,372,170, driven largely by net payments in the endowment funds. The trustees report that systems are in place to mitigate risks and that reserves are maintained to respond to assistance requests. Its FY2025 accounts were independently examined.