YEOVIL AMATEUR OPERATIC SOCIETY
Financial health, per its FY2024 accounts
The charity reported a net incoming resource surplus of £62,351 for the year ended 30 April 2024, increasing its total unrestricted funds to £219,703. The accounts state that the charity maintains free reserves at a level equating to approximately six months of unrestricted expenditure, which provides sufficient funds to cover management and administration costs. The independent examiner confirmed that no matters came to their attention suggesting the accounts failed to meet statutory requirements.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds not committed or invested in tangible fixed assets (the ‘free reserves’), at a level, which equates to approximately 6 months unrestricted expenditure.” — page 4
“During the year the Board of Trustees received no remuneration.” — page 8
Trustees
- CLIVE JESTY
- DAVID HALLETT FCCA
- MARK RUDD
- MR GEOFF THRESH
- PAULA BUDZYNSKI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | — | — |
| 30/04/2024 | £107k | £17k |
| 30/04/2023 | £13k | £11k |
| 30/04/2022 | £15k | £9k |
| 30/04/2021 | £18k | £9k |
Common questions
Is YEOVIL AMATEUR OPERATIC SOCIETY financially healthy?
The charity reported a net incoming resource surplus of £62,351 for the year ended 30 April 2024, increasing its total unrestricted funds to £219,703. The accounts state that the charity maintains free reserves at a level equating to approximately six months of unrestricted expenditure, which provides sufficient funds to cover management and administration costs. The independent examiner confirmed that no matters came to their attention suggesting the accounts failed to meet statutory requirements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMPSON FAMILY CHARITABLE TRUST | 3 | £1.3m |
| THE BAND TRUST | 2 | £775k |
| THE HEADLEY TRUST | 2 | £50k |
| CHK Foundation | 2 | £20k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 2 | £11k |
| THE MASTER CHARITABLE TRUST | 1 | £14.9m |
| THE MOHN WESTLAKE FOUNDATION | 1 | £5.8m |
| GARFIELD WESTON FOUNDATION | 1 | £5.0m |