THE READING SYMPHONY ORCHESTRA
The Society rehearses weekly under the direction of a professional musical director in order to achieve a high standard of performance. It performs a series of public concerts at venues in the Reading area. It also organises an annual competition for Young Musicians and joint events with other musical societies.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £7,968 for the year ended 31 July 2025, maintaining a strong reserves and cash position with no long-term debts. Per the trustees' report, the general reserve stood at £32,417, which exceeds the stated policy target of at least six months of running expenses. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Orchestra aims to maintain general funds of at least 6 months of running expenses so that it is able to enter into contracts to hire performance venues and commit to other expenditure for the following season.” — page 5
“During the year, a commissioning fee of £30,039 (2024: £Nil) was paid to Reading Symphony Orchestra Productions Limited, a connected company, for the production and running of the concert series for the year. At the year end a balance of £10,855 (2024: £Nil) was due from the company.” — page 19
“Trustees paid membership fees to the Charity in the year totalling £1,520 (2024: £1,440).” — page 19
“During the year, a commissioning fee of £30,039 (2024: £Nil) was paid to Reading Symphony Orchestra Productions Limited, a connected company, for the production and running of the concert series for the year. At the year end a balance of £10,855 (2024: £Nil) was due from the company.” — page 19
“Trustees paid membership fees to the Charity in the year totalling £1,520 (2024: £1,440).” — page 19
“During the year, a commissioning fee of £30,039 (2024: £Nil) was paid to Reading Symphony Orchestra Productions Limited, a connected company, for the production and running of the concert series for the year. At the year end a balance of £10,855 (2024: £Nil) was due from the company.” — page 19
“Trustees paid membership fees to the Charity in the year totalling £1,520 (2024: £1,440).” — page 19
“During the year, a commissioning fee of £30,039 (2024: £Nil) was paid to Reading Symphony Orchestra Productions Limited, a connected company, for the production and running of the concert series for the year.” — page 19
Trustees
- Sally Adamschair
- Alison Coaker
- Christina Beales
- Karen Ayton
- MR TIM ROBERTS
- Molly Richetta
- Robin Otter
- SASHA MACKAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £45k | £37k |
| 31/07/2024 | £33k | £32k |
| 31/07/2023 | £30k | £27k |
| 31/07/2022 | £23k | £23k |
| 31/07/2021 | £2k | £8k |
Common questions
Is THE READING SYMPHONY ORCHESTRA financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £7,968 for the year ended 31 July 2025, maintaining a strong reserves and cash position with no long-term debts. Per the trustees' report, the general reserve stood at £32,417, which exceeds the stated policy target of at least six months of running expenses. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.