CARDUCCI MUSIC TRUST
The Carducci Music Trust supports the work of the Carducci Quartet with schools and young musicians, and the Carducci Festival at Highnam.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £11,994 for the year, resulting in a decrease in total reserves from £63,555 to £51,561. The trustees' report indicates that the organization aims to hold reserves of at least 6 months' unrestricted expenditure, but the current general unrestricted reserves stand at £24,061. The filing confirms the charity is prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The directors therefore aim to hold reserves of at least 6 months’ unrestricted expenditure.”
Trustees
- Dr PENELOPE JANE WRIGHTchair
- Alexis Maria Paterson
- Edward Arthur Derbyshire
- Giulia Magnani
- Hollie Victoria Smith-Charles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £42k | £54k |
| 31/12/2023 | £81k | £43k |
| 31/12/2022 | £35k | £41k |
| 31/12/2021 | £35k | £29k |
| 31/12/2020 | £22k | £23k |
Common questions
Is CARDUCCI MUSIC TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £11,994 for the year, resulting in a decrease in total reserves from £63,555 to £51,561. The trustees' report indicates that the organization aims to hold reserves of at least 6 months' unrestricted expenditure, but the current general unrestricted reserves stand at £24,061. The filing confirms the charity is prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.