CODY MUSICAL THEATRE COMPANY
Musical and operatic society
Objects
TO EDUCATE THE PUBLIC IN THE DRAMATIC AND OPERATIC ARTS AND TO FURTHER THE DEVELOPMENT OF PUBLIC APPRECIATION OF THE SAID ARTS.(FOR FURTHER DETAILS SEE CLAUSE 2 OF RULES).
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST | 1 | £10k |
Charities like this
- TAMWORTH MUSICAL THEATRE COMPANY
- HATTON MUSICAL THEATRE SOCIETY
- THE STOCK EXCHANGE DRAMATIC AND OPERATIC SOCIETY
- CHELMSFORD AMATEUR OPERATIC AND DRAMATIC SOCIETY
- THE NEWTON ABBOT AND DISTRICT MUSICAL COMEDY SOCIETY
- SOUTHAMPTON MUSICAL SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CODY MUSICAL THEATRE COMPANY | £88k | — | 0 | unclear | — | noted |
| TAMWORTH MUSICAL THEATRE COMPANY | £67k | — | 0 | unclear | — | no doubt |
| HATTON MUSICAL THEATRE SOCIETY | £45k | — | 0 | unclear | — | no doubt |
| THE STOCK EXCHANGE DRAMATIC AND OPERATIC SOCIETY | £157k | — | 0 | above | — | no doubt |
| CHELMSFORD AMATEUR OPERATIC AND DRAMATIC SOCIETY | £120k | — | 0 | unclear | — | no doubt |
| THE NEWTON ABBOT AND DISTRICT MUSICAL COMEDY SOCIETY | £49k | — | 0 | unclear | — | no doubt |