GROOVE ON THE GREEN
Groove on the Green CIO runs an annual music event to raise money, to provide funding to enable us to give grants to local organisations for projects and activities that benefit our local community
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £33,869, driven by a substantial gift from Walgrave Wellbeing Centre and income from the annual festival. The charity maintains a reserves policy aimed at holding enough cash to cover two subsequent festivals in a 'bad weather' scenario, ensuring operational longevity. No material uncertainties or going concern issues were identified by the independent examiner.
What the accounts disclose
“The Trustees agreed to hold cash reserves at all times to enable two subsequent annual Groove on the Green festivals to take place, assuming a 'bad weather' scenario. This assumes 100% event costs are incurred and only 10% of income is generated.” — page 4
Trustees
- GARETH PAUL WHATMOREchair
- CRAIG JOHN EVANS
- JOANNE MARY SHORTLAND
- JOE McMANUS
- Jennie Evans
- Joseph Skinner
- MATTHEW CRAIG SHORTLAND
- SARAH ELIZABETH JONES
- SIMON PAUL BURCHELL
- SUSANNAH CHARLOTTE KEEPING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 20/02/2025 | £48k | £22k |
| 31/12/2023 | £18k | £23k |
| 31/12/2022 | £24k | £22k |
Common questions
Is GROOVE ON THE GREEN financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £33,869, driven by a substantial gift from Walgrave Wellbeing Centre and income from the annual festival. The charity maintains a reserves policy aimed at holding enough cash to cover two subsequent festivals in a 'bad weather' scenario, ensuring operational longevity. No material uncertainties or going concern issues were identified by the independent examiner. Its FY2025 accounts were independently examined.