THE PEASMARSH CHAMBER MUSIC FESTIVAL TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £133,087 at the end of the year, which the trustees consider sufficient to meet their policy aim of covering approximately six months of operating expenses. The charity reported a net decrease in total funds of £8,998 for the year, driven by expenditure exceeding income, though it remains in a positive net asset position.
What the accounts disclose
“The aim of the Trustees has been to retain sufficient reserves to cover approximately six months of operating expenses.” — page 5
“The total amount of donations received from eight trustees during the year, without conditions, totalled £6,550 (2023: £4,550). Page 15” — page 17
Trustees
- David Brierwood
- Deborah Anne Rowland
- Graham Dunning
- Julia Frances Sebline
- Patricia Mary Nathalie Millett
- Richard Alexander Jennings
- Victoria Anne Godwin Dyer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £123k | £132k |
| 31/12/2023 | £97k | £104k |
| 31/12/2022 | £161k | £97k |
| 31/12/2021 | £112k | £76k |
| 31/12/2020 | £48k | £21k |
Common questions
Is THE PEASMARSH CHAMBER MUSIC FESTIVAL TRUST financially healthy?
The accounts state that unrestricted reserves stood at £133,087 at the end of the year, which the trustees consider sufficient to meet their policy aim of covering approximately six months of operating expenses. The charity reported a net decrease in total funds of £8,998 for the year, driven by expenditure exceeding income, though it remains in a positive net asset position. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NISBET TRUST | 1 | £325k |
| THE ANCHOR SOCIETY CIO | 1 | £32k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £18k |
| THE BEAVERBROOK FOUNDATION | 1 | £15k |
| SPIELMAN CHARITABLE TRUST | 1 | £10k |
| THE PORTISHEAD NAUTICAL TRUST | 1 | £9k |
| THE MARCHUS TRUST | 1 | £5k |
| THE DE BRYE CHARITABLE TRUST | 1 | £3k |