HEXHAM ABBEY FESTIVAL OF THE ARTS
To provide a festival of music and arts in September/October each year, together with an education project in schools.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted cash funds of £13,188 at the end of the period, which exceeds its stated reserves policy target of a minimum of £5,000. The charity reported a net surplus of £3,808 for the year, with total receipts of £34,095 against total payments of £30,287. The trustees confirmed that the charity does not invest and its principal income sources are donations, ticket sales, and subscriptions.
What the accounts disclose
“A minimum of £5000 is held to prepare for a successful, and possibly more adventurous, Festival in future years.”
Funders the charity credits
- Parmley Graham Ltd.
Register events
- Received assets from another charity (03/04/2023)
Trustees
- Dr CHARLES RICHARD SNOWchair
- Martin John Hughes
- PROFESSOR DENIS JAMES MCCALDIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £34k | £30k |
| 31/01/2024 | £23k | £23k |
| 31/01/2023 | £24k | £15k |
| 31/01/2022 | £0 | £0 |
| 31/01/2021 | £0 | £0 |
Common questions
Is HEXHAM ABBEY FESTIVAL OF THE ARTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted cash funds of £13,188 at the end of the period, which exceeds its stated reserves policy target of a minimum of £5,000. The charity reported a net surplus of £3,808 for the year, with total receipts of £34,095 against total payments of £30,287. The trustees confirmed that the charity does not invest and its principal income sources are donations, ticket sales, and subscriptions.