BRECON CATHEDRAL CHOIR TRUST
To offer to all choristers serving at Brecon Cathedral tuition on a musical instrument or singing lessons in addition to their choral training in the Cathedral choir.To secure the arrangements for the employment of a full time Organist and Director of Music and of a part time assistant, to have oversight of the choristers musical education as above.
Objects
TO OFFER TO ALL CHORISTERS, FROM THE TIME OF THEIR ADMISSION AS FULL CHORISTERS UNTIL THE END OF THEIR FULL-TIME STATUTORY EDUCATION, TUITION ON A MUSICAL INSTRUMENT OR SINGING LESSONS IN ADDITION TO THEIR CHORAL TRAINING IN THE CATHEDRAL CHOIR IN THE CATHEDRAL CHURCH OF ST. JOHN THE EVANGELIST BRECON IN THE DIOCESE OF SWANSEA AND BRECON
Financial health, per its FY2024 accounts
The accounts state that the charity operated on an income deficit for the year, with total expenditure of £87,435 against total income of £39,819. However, unrestricted reserves stood at £1,435,946, supported by significant investment assets valued at £1,410,780. The trustees anticipate a medium-term income deficit until a permanent Director of Music is appointed in September 2025, but note that free cash is expected to stabilize between £10,000 and £20,000.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- GLORIA JONES-POWELL
- MAURICE PARRY
- MR GEOFFREY DAVIES
- RHIANNON LLOYD
- Rev Steven Ellsworth Griffith
- The right reverend John Dereck Percy Lomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £40k | £87k |
| 31/12/2023 | £39k | £58k |
| 31/12/2022 | £37k | £48k |
| 31/12/2021 | £35k | £41k |
| 31/12/2020 | £40k | £43k |
Common questions
Is BRECON CATHEDRAL CHOIR TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated on an income deficit for the year, with total expenditure of £87,435 against total income of £39,819. However, unrestricted reserves stood at £1,435,946, supported by significant investment assets valued at £1,410,780. The trustees anticipate a medium-term income deficit until a permanent Director of Music is appointed in September 2025, but note that free cash is expected to stabilize between £10,000 and £20,000. Its FY2024 accounts were independently examined.