N7 COMMUNITY CHOIR
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves fell by £2,501 during the year, though they remained above the stated target of £5,000. Total reserves increased to £18,168 due to restricted funds, while the charity reported a net incoming resource surplus of £3,884 for the year. The trustees expressed confidence in achieving balanced budgets for future terms.
What the accounts disclose
“remain above our target of £5,000” — page 6
Trustees
- Caroline Rohais Millar
- Eleanor Charlotte Whittaker
- Jonathan Wylie Sedgwick
- Joshua Ansel Sidney Winfield
- Lucy Watson
- PATRICIA MARY ZIPFEL
- Polly Ruth Barker
- Sheena Aluinn O'Regan Cruse
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £101k | £96k |
| 31/12/2023 | £48k | £49k |
| 31/12/2022 | £84k | £80k |
| 31/12/2021 | £45k | £42k |
| 31/12/2020 | £52k | £59k |
Common questions
Is N7 COMMUNITY CHOIR financially healthy?
The accounts state that unrestricted reserves fell by £2,501 during the year, though they remained above the stated target of £5,000. Total reserves increased to £18,168 due to restricted funds, while the charity reported a net incoming resource surplus of £3,884 for the year. The trustees expressed confidence in achieving balanced budgets for future terms. Its FY2022 accounts were independently examined.
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