The Watford Festival of Music, Speech and Drama
The promotion of the education of the public in the arts with regard to music, speech and drama. The provision of an opportunity,mainly for young people,to take part and benefit from entering classes on a competitive basis with professional adjudication and to perform at concerts and finales before a public audience.
Objects
(I) TO ADVANCE, PROMOTE, AND ENCOURAGE GENERALLY, AND BY MEANS OF THE COMPETITION FESTIVAL MOVEMENT IN PARTICULAR, THE STUDY AND PRACTICE OF THE ARTS OF MUSIC, DANCING, ELOCUTION, LITERATURE AND ACTING IN ALL THEIR BRANCHES. (II) TO BE AFFILIATED TO THE BRITISH FEDERATION OF MUSIC FESTIVALS AND TO CARRY OUT AS FAR AS POSSIBLE THE OBJECTS OF TE SAID FEDERATION. (III) TO DO ALL SUCH OTHER LAWFUL THINGS AS ARE INCIDENTAL OR CONDUCIVE TO THE ATTAINMENT OF THE ABOVE OBJECTS.
Financial health, per its FY2025 accounts
The accounts state that the Festival reported a surplus of £7,299 for the year ended 30 June 2025, with total income of £46,885 and total expenditure of £39,585. The trustees consider the level of unrestricted reserves, equal to approximately one year's expenditure, to be appropriate and sufficient. The financial structure review describes the state of financial affairs as satisfactory.
What the accounts disclose
“The trustees consider that the level of reserves in respect of the unrestricted funds which is equal to approximately one year's expenditure, to be appropriate and sufficient.” — page 4
Policies the charity declares
- Complaints handling
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Jennifer M Hillchair
- Anthea Spensley
- Riyazi Muzammil
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £47k | £40k |
| 30/06/2024 | £36k | £34k |
| 30/06/2023 | £29k | £29k |
| 30/06/2022 | £23k | £26k |
| 30/06/2021 | £7k | £6k |
Common questions
Is The Watford Festival of Music, Speech and Drama financially healthy?
Per its FY2025 accounts: The accounts state that the Festival reported a surplus of £7,299 for the year ended 30 June 2025, with total income of £46,885 and total expenditure of £39,585. The trustees consider the level of unrestricted reserves, equal to approximately one year's expenditure, to be appropriate and sufficient. The financial structure review describes the state of financial affairs as satisfactory. Its FY2025 accounts were independently examined.