CODY MUSICAL THEATRE COMPANY
Musical and operatic society
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net loss of £12,656 for the year ended 30 April 2025, resulting in a decrease in net assets from £109,094 to £96,438. The Treasurer's report notes that the erosion of reserves is not sustainable if allowed to continue indefinitely, citing rising costs and reduced venue discounts as key factors. Despite the current deficit, the charity maintains unrestricted reserves of £96,438.
What the accounts disclose
“The net worth of the company decreased by £12,656 in this twelve month period. As I warned in last year’s report, the erosion of our reserves will not be sustainable if it is allowed to run indefinitely.” — page 12
Trustees
- Timothy Canfieldchair
- Christopher Armes
- Paul Prebble
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £88k | £100k |
| 30/04/2024 | £82k | £89k |
| 30/04/2023 | £76k | £82k |
| 30/04/2022 | £76k | £82k |
| 30/04/2021 | £1k | £6k |
Common questions
Is CODY MUSICAL THEATRE COMPANY financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £12,656 for the year ended 30 April 2025, resulting in a decrease in net assets from £109,094 to £96,438. The Treasurer's report notes that the erosion of reserves is not sustainable if allowed to continue indefinitely, citing rising costs and reduced venue discounts as key factors. Despite the current deficit, the charity maintains unrestricted reserves of £96,438. Its FY2025 accounts were independently examined.