MAIDSTONE ORCHESTRAL SOCIETY
The charity advances and promotes public education in and appreciation of music by the presentation of 5 classical concerts annually and by other such ways as the society through its committee shall determine from time to time.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus of £3,362, bringing unrestricted reserves to £23,602. However, the trustees note that reliance on reserves and support from the Friends of Maidstone Orchestral Society is not sustainable in the longer term due to falling audiences and rising costs. The going concern basis is explicitly stated to be dependent on the future flow of uncertain funding streams, including season ticket income and Orchestra Tax Relief.
What the accounts disclose
“The society will at all times ensure that there are enough reserves to support the financial requirements for the coming year.” — page 7
“the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31 August 2024, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements.”
“In January 2017, Maidstone Symphony Orchestra Ltd was formed as a trading subsidiary of this CIO.” — page 6
Register events
- Received assets from another charity (12/07/2016)
Trustees
- Jonathan Antony Canechair
- ANGELA MIGDEN
- DAVID R MONTAGUE
- Harriet Finch
- Julie Diane Evans
- Lyn Parker
- NICOLETTE WHITAKER
- PETER COLMAN
- William James Stow
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £55k | £52k |
| 31/08/2024 | £45k | £48k |
| 31/08/2023 | £52k | £45k |
| 31/08/2022 | £42k | £42k |
| 31/08/2021 | £95 | £7k |
Common questions
Is MAIDSTONE ORCHESTRAL SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus of £3,362, bringing unrestricted reserves to £23,602. However, the trustees note that reliance on reserves and support from the Friends of Maidstone Orchestral Society is not sustainable in the longer term due to falling audiences and rising costs. The going concern basis is explicitly stated to be dependent on the future flow of uncertain funding streams, including season ticket income and Orchestra Tax Relief. Its FY2025 accounts were independently examined.