HURST FESTIVAL
Organisation of an annual festival in the villages of Hurstpierpoint and Sayers Common, West Sussex.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net loss of £2,396 for the period, resulting in total unrestricted reserves of £44,423. The trustees' policy is to maintain reserves of approximately six months of expenditure, and the current reserves appear sufficient to meet this target given the annual expenditure level of approximately £52,000. The filing notes that the charity is entitled to exemption from audit and has undergone an independent examination with no matters requiring further attention.
What the accounts disclose
“The policy of the trustees is to maintain the reserves of the company at ca. 6 months of expenditure” — page 2
Trustees
- MICHEL EMILE OLSZEWSKIchair
- BOB SAMPSON
- Belinda Sharp
- Ian John Deeley
- John James Barry
- Julia Kirby
- MARGARET FRANCES CAREY MBE JP
- SHAUGHAN VIVIENNE PARISH
- Simon Fergus Gordon Anckorn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £50k | £52k |
| 30/04/2025 | £81k | £60k |
| 30/04/2024 | £54k | £55k |
| 30/04/2023 | £58k | £61k |
| 30/04/2022 | £71k | £64k |
Common questions
Is HURST FESTIVAL financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £2,396 for the period, resulting in total unrestricted reserves of £44,423. The trustees' policy is to maintain reserves of approximately six months of expenditure, and the current reserves appear sufficient to meet this target given the annual expenditure level of approximately £52,000. The filing notes that the charity is entitled to exemption from audit and has undergone an independent examination with no matters requiring further attention. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 30/08/2024 | £15k | Millionaire Street 2024 07w5 |