THE COBWEB ORCHESTRA
The Cobweb Orchestra operates as a community orchestra for all abilities and ages. The Cobweb Orchestra aims to advance, improve, develop and maintain public eduction in, and appreciation of, the art and science of music in all its aspects.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £2,275 for the year, with total incoming funds of £92,419 against running costs of £90,144. The trustees report that available unrestricted reserves totalled £17,873, which equated to around 20% of unrestricted expenditure, meeting their stated policy target of holding 20-25% of annual expenditure.
What the accounts disclose
“The total incoming funds for the period amounted to £92,419 (2024: £79,876) against running costs of £90,144 (2024: £84,486), giving a total surplus of £2,275 (2024: deficit of £4,726).” — page 5
“We aim under our reserves policy to hold around 20% - 25% of annual unrestricted expenditure in available reserves (net current assets in the balance sheet), to mitigate financial risks.” — page 5
Trustees
- ANDREW WILLIAM NEIL FORSYTH
- Dr Catherine Preston
- Dr Emma Jane Pearson
- Dr Margaret Perenna Rogers
- Dr Paul David Alan Mills
- Dr Silvia Orr
- Elaine Willmore
- Lesley Wearmouth
- Samuel David Baines
- Susan Baker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/04/2025 | £92k | £90k |
| 01/04/2024 | £80k | £84k |
| 01/04/2023 | £72k | £73k |
| 01/04/2022 | £43k | £47k |
| 05/04/2021 | £28k | £23k |
Common questions
Is THE COBWEB ORCHESTRA financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £2,275 for the year, with total incoming funds of £92,419 against running costs of £90,144. The trustees report that available unrestricted reserves totalled £17,873, which equated to around 20% of unrestricted expenditure, meeting their stated policy target of holding 20-25% of annual expenditure. Its FY2025 accounts were independently examined.