CARNIVAL VILLAGE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £351,024 for the year ended 31 March 2024, resulting in a decrease in unrestricted funds. The trustees note that the charity is dependent on grant funding from Arts Council England and the Royal Borough of Kensington and Chelsea, but confirm that resources are sufficient to meet liabilities over the next twelve months.
What the accounts disclose
“In the band £80,001 - £90,000” — page 24
“In the band £80,001 - £90,000” — page 24
“Free reserves, which are defined as unrestricted reserves less fixed assets, at 31st March 2024 amounted to £146,389. It anticipated that the target level can be achieved over the next two years.”
“Ebony Steelbrand Trust A company in which Ian Comfort is a director. In the year £26,000 (2023 : £37,309) was paid to the Ebony Steelband Trust in respect of their Steelband performance at the annual carnival.”
“Mangrove Carnival Arts C.I.C A company in which Alan Edwards is a director. During the year £25,900 (2023 - £48,250) was paid to Mangrove Carnival Arts C.I.C for providing Musicial entertainment in the form of of a Steelband at the annual Carnival.”
“Ebony Steelbrand Trust A company in which Ian Comfort is a director. In the year £26,000 (2023 : £37,309) was paid to the Ebony Steelband Trust in respect of their Steelband performance at the annual carnival.”
“Mangrove Carnival Arts C.I.C A company in which Alan Edwards is a director. During the year £25,900 (2023 - £48,250) was paid to Mangrove Carnival Arts C.I.C for providing Musicial entertainment in the form of of a Steelband at the annual Carnival.”
“Ebony Steelbrand Trust A company in which Ian Comfort is a director. In the year £26,000 (2023 : £37,309) was paid to the Ebony Steelband Trust in respect of their Steelband performance at the annual carnival.”
“Mangrove Carnival Arts C.I.C A company in which Alan Edwards is a director. During the year £25,900 (2023 - £48,250) was paid to Mangrove Carnival Arts C.I.C for providing Musicial entertainment in the form of of a Steelband at the annual Carnival.”
“The Trust has two trading subsidiaries, TabernacleW11 Ltd and Notting Hill Carnival Ltd (collectively the Group).” — page 6
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2024).
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALAN EDWARDS
- ANSEL WONG CBE
- IAN COMFORT
- Imani Walker - Douglas
- Laila Shah
- Levi Naidu Mitchell
- MARY GENIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.4m | £3.4m |
| 31/03/2024 | £3.5m | £3.8m |
| 31/03/2023 | £3.1m | £3.3m |
| 31/03/2022 | £2.6m | £2.5m |
| 31/03/2021 | £1.7m | £1.8m |
Common questions
Is CARNIVAL VILLAGE TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £351,024 for the year ended 31 March 2024, resulting in a decrease in unrestricted funds. The trustees note that the charity is dependent on grant funding from Arts Council England and the Royal Borough of Kensington and Chelsea, but confirm that resources are sufficient to meet liabilities over the next twelve months. Its FY2024 accounts were audited by Millet Accountants Ltd.
What does the highest-paid employee of CARNIVAL VILLAGE TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BATCHWORTH TRUST | 1 | £10k |
| NATIONAL RURAL TOURING FORUM | 1 | £400 |