DARLINGTONOS (CIO)
To educate the public in the musical and dramatic arts and to further the development of public appreciation and taste in the said arts, in particular by providing training in the skills associated with artistic practice and staging artistic performances, plays, dramas, comedies, operas, operettas and other dramatic and operatic works.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £7,011 for the year ended 31 December 2024, resulting in total unrestricted funds of £171,079. The trustees note that the charity has not achieved its reserves policy target of approximately £200,000, which is intended to cover one year's running costs. Despite the deficit, the charity remains solvent with net current assets of £151,726.
What the accounts disclose
“Charitable activities Performance income 212,655”
“At 31 December 2024 there were unrestricted reserves of £1XXXXX, meaning the charity has not achieved its reserves policy target.”
“During the period expenses of £8,181 (2023: £9,451) were paid to Trustees. These expenses were direct reimbursement of charity expenses the Trustees had kindly paid in absence of the charity running a petty fund or having the charity card available at the time of payment. Three Trustees in the period received reimbursement of expenses for payments for telephone bills, PC security, postage, costume materials, cleaning, website maintenance and other sundry items.” — page 12
Register events
- Received assets from another charity (05/08/2020)
Trustees
- BRIAN ANDREW MYERS
- Edward Oliver Taylor-Jones
- GRAEME HALL
- JULIAN MICHAEL COUND
- Linda Joan Sams
- Lucy Kate Adams
- Safah Mahmoud Sami Joumah Alazzawi
- Sarah Elizabeth Singleton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £287k | £294k |
| 31/12/2023 | £285k | £283k |
| 31/12/2022 | £285k | £283k |
| 31/12/2021 | £282k | £158k |
Common questions
Is DARLINGTONOS (CIO) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £7,011 for the year ended 31 December 2024, resulting in total unrestricted funds of £171,079. The trustees note that the charity has not achieved its reserves policy target of approximately £200,000, which is intended to cover one year's running costs. Despite the deficit, the charity remains solvent with net current assets of £151,726. Its FY2024 accounts were independently examined.