THE CVC MUSIC FOUNDATION
The Charity promotes public appreciation of, and advance education in, the art of music, for the public benefit, primarily through the provision of grants to support musical performances at the Chamonix Valley Classics music festival
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £1,535 for the year ended 31 December 2025, resulting in total funds of £6,632. The trustees maintain a reserves policy target of six months of operating expenses, noting that current retained reserves are below this target. The charity does not currently employ any staff and relies on voluntary trustee time and donations to fund its charitable grants.
What the accounts disclose
“The Trustees aim to maintain a level of reserves equivalent to six months of operating expenses to provide financial stability and ensure the continuation and development of the Charity’s activities.” — page 5
“The total amount of donations made by the Trustees in the period was £9,275.” — page 13
“DP Joseph, DN Joseph and PMN Millett served as the President, Treasurer and Member, respectively, of the Association pour un Festival du Musique Classique a Chamonix during the year.” — page 13
“The total amount of donations made by the Trustees in the period was £9,275.” — page 13
“DP Joseph, DN Joseph and PMN Millett served as the President, Treasurer and Member, respectively, of the Association pour un Festival du Musique Classique a Chamonix during the year.” — page 13
Trustees
- DENISE NICOLE JOSEPHchair
- David Philip Joseph QC
- Robert Adam Laurence
- Sioban Healy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £33k |
| 31/12/2024 | £41k | £36k |
Common questions
Is THE CVC MUSIC FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £1,535 for the year ended 31 December 2025, resulting in total funds of £6,632. The trustees maintain a reserves policy target of six months of operating expenses, noting that current retained reserves are below this target. The charity does not currently employ any staff and relies on voluntary trustee time and donations to fund its charitable grants. Its FY2025 accounts were independently examined.