SOUTH DOWNS SUMMER MUSIC INTERNATIONAL FESTIVAL
South Downs Summer Music International Festival is an annual week-long classical music festival in the village of Alfriston, East Sussex, featuring both world class and up and coming young artists.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £(1,740) for the year, following a 10% fall in overall income to £30,320. Total cash funds held at the end of the period were £13,230, which the trustees consider sufficient to continue operating for the foreseeable future.
What the accounts disclose
“Jeremy Young received performance fees and expenses as detailed in Note 2 to the accounts.” — page 3
“Paul Bendit is a trustee and a director of Metro Drinks Limited, a major sponsor of the festival under their brand Folkington's. Metro Drinks Limited made a cash donation of t905 (LBZ4 2023).” — page 7
“Jeremy Young, trustee, received festival performance fees and expenses of f1,O0O (9.1,044 2023).” — page 7
“Paul Bendit is a trustee and a director of Metro Drinks Limited, a major sponsor of the festival under their brand Folkington's. Metro Drinks Limited made a cash donation of t905 (LBZ4 2023).” — page 7
“Jeremy Young, trustee, received festival performance fees and expenses of f1,O0O (9.1,044 2023).” — page 7
Trustees
- JEREMY TRISTAN JAMES YOUNGchair
- ANTHONY TALLENTS DAVY ACA
- Paul Jonathan Bendit
- Rosemary Jane Ford
- Violet Hancock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £35k |
| 31/12/2023 | £34k | £33k |
| 05/04/2023 | £21k | £29k |
| 05/04/2022 | £25k | £26k |
| 05/04/2021 | £7k | £5k |
Common questions
Is SOUTH DOWNS SUMMER MUSIC INTERNATIONAL FESTIVAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of £(1,740) for the year, following a 10% fall in overall income to £30,320. Total cash funds held at the end of the period were £13,230, which the trustees consider sufficient to continue operating for the foreseeable future. Its FY2024 accounts were independently examined.