WOODLEY FESTIVAL OF MUSIC AND ARTS
Annual music and arts festival promoting cultural activities in the local and wider area.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the financial year with unrestricted reserves of £22,865, resulting from an excess of receipts over payments of £3,237. The trustees' report indicates that the organization is financially stable, having built up reserves above its stated policy target of £12,000 to mitigate risks such as event cancellation. The filing confirms that resources are adequate to continue operations, with no material uncertainties reported.
What the accounts disclose
“46% of revenues came from entry fees which were ahead budget driven by a higher level of entrants” — page 4
“We have therefore concluded that we should endeavour to start each financial year with unrestricted reserves of not less than £12,000, but also that we manage our finances such that these reserves do not exceed £16,000.”
Trustees
- Fiona Jane Fisherchair
- Angela Marianne Roberts
- Jacqueline Jean Newport
- Sandra Dawn Tucker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £29k | £26k |
| 31/05/2024 | £25k | £22k |
| 31/05/2023 | £25k | £21k |
| 31/05/2022 | £19k | £18k |
| 31/05/2021 | £2k | £2k |
Common questions
Is WOODLEY FESTIVAL OF MUSIC AND ARTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the financial year with unrestricted reserves of £22,865, resulting from an excess of receipts over payments of £3,237. The trustees' report indicates that the organization is financially stable, having built up reserves above its stated policy target of £12,000 to mitigate risks such as event cancellation. The filing confirms that resources are adequate to continue operations, with no material uncertainties reported. Its FY2025 accounts were independently examined.