FESTIVAL MEDICAL SERVICES
Financial health, per its FY2024 accounts
The accounts state that total income decreased to £661,353 from £799,845 in the prior year, while total expenditure fell to £601,545 from £708,892, resulting in a net surplus of £59,808. The charity holds free unrestricted reserves of £498,773, which significantly exceed its stated policy target of £150,000. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards.
What the accounts disclose
“Remuneration of £25,876 (2023: £24,458) was paid to the Trustee D Parry during the year for his role as Chief Operating Officer.” — page 36
Structured financials (annual return, FY ending 31/10/2024)
Care Quality Commission ratings
- Festival Medical Services: Good
Trustees
- Derek Neale Jenkins
- Grahame Paine
- Lorrae Martine Allford
- NICHOLAS WOOLF
- Nathan Toby Ware
- Neil Rushton
- Ryan Marlow
- Sarah Davies Todd
- Will Irvine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £661k | £602k |
| 31/10/2023 | £800k | £709k |
| 31/10/2022 | £680k | £469k |
| 31/10/2021 | £457k | £328k |
| 31/10/2020 | £53k | £162k |
Common questions
Is FESTIVAL MEDICAL SERVICES financially healthy?
The accounts state that total income decreased to £661,353 from £799,845 in the prior year, while total expenditure fell to £601,545 from £708,892, resulting in a net surplus of £59,808. The charity holds free unrestricted reserves of £498,773, which significantly exceed its stated policy target of £150,000. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards. Its FY2024 accounts were independently examined.
Who funds FESTIVAL MEDICAL SERVICES?
Funders whose own accounts filings name FESTIVAL MEDICAL SERVICES as a grant recipient include THE TOLKIEN TRUST, WHITAKER CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE TOLKIEN TRUST | FY2023 | £30k |
| WHITAKER CHARITABLE TRUST | FY2023 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GUNTER CHARITABLE TRUST | 1 | — |
| THE MASTER CHARITABLE TRUST | 1 | £821k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £261k |
| THE TAYLOR FAMILY FOUNDATION | 1 | £255k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £130k |
| BEAULAND LIMITED | 1 | £120k |
| THE RAYNE FOUNDATION | 1 | £100k |
| THE HEADLEY TRUST | 1 | £100k |