CROYDON PHILHARMONIC SOCIETY
Traditional choral society, performing several times per year in and around the Croydon area, with occasional additional activities.
Financial health, per its FY2025 accounts
The accounts state that the charity holds substantial unrestricted reserves of £334,691, comprising a General Fund of £50,634 and a Reserve Fund of £284,057. While the concerts incurred a deficit of £6,246, this was covered by membership fees and returns on reserves, resulting in an overall net surplus for the year. The trustees note that future costs will rise due to a major concert, requiring larger audiences to cover costs.
What the accounts disclose
“Overall, the Choir's General Fund increased a little during this year. However, next year will see higher costs as we will be mounting a major concert in the Fairfie Hall in spring. Clearly we need to attract larger audiences, both because this will boost the choir's performance and to enable us to continue to cover our costs.” — page 6
Trustees
- DR KATHARINA KREISSIG
- Karen Williams
- Lisa Kirk
- Martin Richard Day
- ROSEMARY STONE
- Rev Stephen Wright
- Sheila Reed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £35k | £32k |
| 30/06/2024 | £52k | £58k |
| 30/06/2023 | £145k | £25k |
| 30/06/2022 | £31k | £39k |
| 30/06/2021 | £18k | £7k |
Common questions
Is CROYDON PHILHARMONIC SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds substantial unrestricted reserves of £334,691, comprising a General Fund of £50,634 and a Reserve Fund of £284,057. While the concerts incurred a deficit of £6,246, this was covered by membership fees and returns on reserves, resulting in an overall net surplus for the year. The trustees note that future costs will rise due to a major concert, requiring larger audiences to cover costs. Its FY2025 accounts were independently examined.