Charity Accounts Intelreading the accounts so you don’t have to

SOUTHAMPTON MUSICAL SOCIETY

Registered charity 299426 · accounts filings on the Charity Commission register · also known as SMS

PRODUCTION OF MUSICAL THEATRE

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£35k
Latest spending
£31k
Registered
1988
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a profit of £4,346 for the year, with total unrestricted reserves increasing to £13,652. The trustees confirm that these reserves exceed their stated policy target, which requires covering fixed annual expenditure of £1,012 and a contingency for production losses up to £3,500.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: cover fixed annual expenditure (currently £1,012) and a contingency for a loss of up to £3,500 on the next production (held: £14k)
“The Society’s reserve policy for the period ending 31 December 2024 is that enough reserves should be maintained to cover fixed annual expenditure (currently £1,012) and a contingency for a loss of up to £3,500 on the next production.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Southampton Musical Society (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire · Southampton City

Income and spending

Financial year endIncomeSpending
31/12/2024£35k£31k
31/12/2023£31k£35k
31/12/2022£29k£29k
31/12/2021£3k£1k
31/12/2020£13k£5k

Common questions

Is SOUTHAMPTON MUSICAL SOCIETY financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved a profit of £4,346 for the year, with total unrestricted reserves increasing to £13,652. The trustees confirm that these reserves exceed their stated policy target, which requires covering fixed annual expenditure of £1,012 and a contingency for production losses up to £3,500. Its FY2024 accounts were independently examined.