THE COSTUME SOCIETY
The objects of the charity are to promote, for the benefit of the public, education in dress throughout the ages and across the world and to encourage the preservation of historic examples of dress together with relevant source materials.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £7,320 for the year, resulting in a decrease in total funds from £727,711 to £720,391. The trustees note that unrestricted general funds are unusually high at £294,922 due to a previous bequest, while the charity maintains a reserves policy target of six to twelve months of unrestricted charitable expenditure. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the keeping of accounting records.
What the accounts disclose
“The Trustees continued aim is to maintain free reserves in unrestricted funds at a level which equates to between six and twelve months of unrestricted charitable expenditure.” — page 7
Register events
- Received assets from another charity (23/08/2023)
Trustees
- Beth Evans
- Christine Wright
- Dr Benjamin David Whyman
- Dr Judith Lynn Hepner
- Dr Natascha Radclyffe Thomas
- Dr Serena Dyer
- Monica Alice Hodgson
- Sarah Elmer
- Vanessa Jones
- Victoria Haddock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £63k | £85k |
| 31/12/2023 | £113k | £53k |
| 31/12/2022 | £53k | £51k |
| 31/12/2021 | £298k | £44k |
| 31/12/2020 | £40k | £42k |
Common questions
Is THE COSTUME SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £7,320 for the year, resulting in a decrease in total funds from £727,711 to £720,391. The trustees note that unrestricted general funds are unusually high at £294,922 due to a previous bequest, while the charity maintains a reserves policy target of six to twelve months of unrestricted charitable expenditure. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the keeping of accounting records. Its FY2024 accounts were independently examined.