EASTLEIGH OPERATIC AND MUSICAL SOCIETY
The production of musicals and operettas
Financial health, per its FY2024 accounts
The accounts state that the charity ended the period with an overall total of £17,901.84, an increase from the previous year's £15,530.06. The trustees note that while the society made a reasonable profit, significant challenges remain regarding venue costs and audience retention at the new location. They emphasize that maintaining sustainability is necessary to secure the charity's future amid these risks.
What the accounts disclose
“It is the policy of the society to hold reserves of at least £5000 to cover the maximum losses that any show might be expected to make.”
“The main financial risk to the society is the uncertainty associated with the use of Berry Theatre. We have been excluded from our traditional venue, the Point, by a price increase of 80%. At this stage it is not clear whether the use of the Berry is financially sustainable as we have no idea whether we will be able to attract audiences to this more remote venue.”
Trustees
- Paul Mundaychair
- Adrian Tatnall
- Carole Lilly
- Janet Green
- Lyndsay Smith
- Susan Tatnall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £50k |
| 31/12/2023 | £35k | £35k |
| 31/12/2022 | £27k | £32k |
| 31/12/2021 | £5k | £7k |
| 31/12/2020 | £11k | £10k |
Common questions
Is EASTLEIGH OPERATIC AND MUSICAL SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the period with an overall total of £17,901.84, an increase from the previous year's £15,530.06. The trustees note that while the society made a reasonable profit, significant challenges remain regarding venue costs and audience retention at the new location. They emphasize that maintaining sustainability is necessary to secure the charity's future amid these risks. Its FY2024 accounts were independently examined.