NOTTINGHAM SYMPHONY ORCHESTRA
The promotion, fostering, improvement and advancement and public education in the art and science of music, singing, and dance and the arts, and the operation of an amateur orchestra of a charitable nature only
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves stood at £36,231 at the end of the financial year, which the trustees consider well in excess of their stated minimum policy target. The charity reported a net expenditure for the year, noting that it invariably loses money on each concert it promotes and relies on subscriptions, sponsorship, and other income to maintain a sound financial basis.
What the accounts disclose
“Member subscriptions including gift aid” — page 5
“The Trustees have determined that a minimum level of reserves should be maintained such that the Orchestra is able to pay any irrecoverable costs in the event that a concert has to be cancelled.” — page 4
“The Orchestra has a wholly owned subsidiary, Nottingham Symphony Orchestra (OTR) Ltd (‘the production company’).” — page 2
Trustees
- ADRIAN GERARD BENSELIN
- ALISON MARGARET DEVLIN
- Benjamin Oliver McCullough
- Dr ANDREW NEVILLE HUBBARD
- NICHOLAS MARK GIBSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £26k | £25k |
| 31/08/2024 | £32k | £27k |
| 31/08/2023 | £27k | £25k |
| 31/08/2022 | £23k | £22k |
| 31/08/2021 | £99 | £1k |
Common questions
Is NOTTINGHAM SYMPHONY ORCHESTRA financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves stood at £36,231 at the end of the financial year, which the trustees consider well in excess of their stated minimum policy target. The charity reported a net expenditure for the year, noting that it invariably loses money on each concert it promotes and relies on subscriptions, sponsorship, and other income to maintain a sound financial basis. Its FY2025 accounts were independently examined.