EASTBOURNE MUSIC AND ARTS FESTIVAL TRUST
The maintenance, improvement and development of artistic taste and the knowledge, understanding, improvement and appreciation of music, dancing, elocution, literature and acting, particularly by the holding of music and arts festivals in Eastbourne, East Sussex.
Financial health, per its FY2025 accounts
The charity reported a net surplus of £6,705 for the year ended 31 May 2025, with total unrestricted funds increasing to £70,050. The trustees confirmed that free reserves of £67,000 are currently in excess of their stated policy target of £34,000, which represents six to twelve months of expenditure. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Box office ticket sales 23,590”
“It is the policy of the trust that unrestricted funds which have not been designated for specific use should be maintained at a level equivalent to between six and twelve month's expenditure, the latter being equivalent to £34,000.” — page 3
Trustees
- Angela Gillian Hughes
- Brian Walter Fillery
- Dr Jane Pendry
- Mark Timothy Gurney
- Susan Kathleen Fuller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £54k | £48k |
| 31/05/2024 | £57k | £52k |
| 31/05/2023 | £46k | £43k |
| 31/05/2022 | £42k | £52k |
| 31/05/2021 | £2k | £3k |
Common questions
Is EASTBOURNE MUSIC AND ARTS FESTIVAL TRUST financially healthy?
Per its FY2025 accounts: The charity reported a net surplus of £6,705 for the year ended 31 May 2025, with total unrestricted funds increasing to £70,050. The trustees confirmed that free reserves of £67,000 are currently in excess of their stated policy target of £34,000, which represents six to twelve months of expenditure. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.