INTERNATIONAL FRIENDS OF THE INTERNATIONAL LYRIC ART FESTIVAL
Financial health, per its FY2024 accounts
The accounts state that total income was £730,278 against total expenditure of £733,454, resulting in a net decrease in funds of £3,176. Per the trustees' report, unrestricted reserves stood at £29,218, which is below the stated policy target of six months' operational expenditure. The charity maintains a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Trustees propose to maintain the charity’s reserves at a level which is at least equivalent to six months operational expenditure” — page 5
“During the period under review, donations, gala dinner and subscription income were received from Trustees' of the charity: L Blackall - £20,000 (2023 - £20,000) B Schlumberger - £nil (2023 - £17,381) Page 16” — page 18
Structured financials (annual return, FY ending 30/09/2024)
Trustees
- LAURENCE CHARLES NEIL BLACKALL MAchair
- Aymeric Lavin
- Beatrice Schlumberger
- DAWOOD SYED LLB, LLM
- Lauren Laffargue
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £388k | £407k |
| 30/09/2024 | £730k | £733k |
| 30/09/2023 | £365k | £1.0m |
| 30/09/2022 | £734k | £102k |
| 30/09/2021 | £611k | £603k |
Common questions
Is INTERNATIONAL FRIENDS OF THE INTERNATIONAL LYRIC ART FESTIVAL financially healthy?
The accounts state that total income was £730,278 against total expenditure of £733,454, resulting in a net decrease in funds of £3,176. Per the trustees' report, unrestricted reserves stood at £29,218, which is below the stated policy target of six months' operational expenditure. The charity maintains a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER LAING FOUNDATION | 1 | £10k |
| THE A S CHARITABLE TRUST | 1 | £2k |