THE STOCK EXCHANGE DRAMATIC AND OPERATIC SOCIETY
Financial health, per its FY2022 accounts
The accounts state that the charity operated at a substantial loss of £125,484 for the year ended 31 December 2022, primarily due to increased costs for rehearsal, storage, and build spaces following the loss of its previous venue. Despite this operational deficit, the charity holds unrestricted reserves of approximately £349,834, which the trustees consider sufficient to cover the deficit for the next 4-5 years. The trustees view the current loss as exceptional and acceptable to maintain uninterrupted operations while securing long-term space solutions.
What the accounts disclose
“The society holds reserve funds in order to both cover any unforeseen expenditure, and to support our strategic objective of securing long term rehearsal and performance spaces in the interim period between the expiry of the lease with BHG and finding new, cost-neutral accommodation for a Sedos controlled rehearsal, storage and build space.” — page 10
Register events
- Received assets from another charity (22/12/2022)
Trustees
- JOHN MATTHEW GOULDchair
- Adrian Ming-Cheung Hau
- Eleena Misra KC
- Karen BRAGANZA LANGSTAFF
- Nicholas James Henry Dore
- Phillippa Alice Roome
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £157k | £177k |
| 31/12/2023 | £119k | £158k |
| 31/12/2022 | £121k | £208k |
| 31/12/2021 | £98k | £108k |
| 31/12/2020 | £52k | £32k |
Common questions
Is THE STOCK EXCHANGE DRAMATIC AND OPERATIC SOCIETY financially healthy?
The accounts state that the charity operated at a substantial loss of £125,484 for the year ended 31 December 2022, primarily due to increased costs for rehearsal, storage, and build spaces following the loss of its previous venue. Despite this operational deficit, the charity holds unrestricted reserves of approximately £349,834, which the trustees consider sufficient to cover the deficit for the next 4-5 years. The trustees view the current loss as exceptional and acceptable to maintain uninterrupted operations while securing long-term space solutions. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HAROLD HYAM WINGATE FOUNDATION | 1 | £4k |