BATH FESTIVALS
Promotion of the arts.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net deficit of £14,568, with unrestricted reserves at a negative £17,200, which is below the board's stated policy target of maintaining between £50,000 and £150,000. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to funding uncertainties, though they believe adequate resources exist for the next twelve months.
What the accounts disclose
“In recognition of the fact that unrestricted reserves are negative and outside of the acceptable range identified by the Board” — page 8
“the Directors acknowledge that these circumstances represent a material uncertainty that may cast significant doubt upon the charitable company's ability to continue as a going concern.” — page 17
“During the year, unsecured bonds (including accrued interest) due to Trustees were waived of £nil (2023 - £50,545) and treated as an unrestricted donation.” — page 30
“During the year, donations of £25,000 (2023 - £31,450) were received from Medlock Charitable Trust.”
“During the year, unsecured bonds (including accrued interest) due to Trustees were waived of £nil (2023 - £50,545) and treated as an unrestricted donation.” — page 30
“During the year, donations of £25,000 (2023 - £31,450) were received from Medlock Charitable Trust.”
“During the year, unsecured bonds (including accrued interest) due to Trustees were waived of £nil (2023 - £50,545) and treated as an unrestricted donation.” — page 30
“During the year, donations of £25,000 (2023 - £31,450) were received from Medlock Charitable Trust.”
“During the year, unsecured bonds (including accrued interest) due to Trustees were waived of £nil (2023 - £50,545) and treated as an unrestricted donation.” — page 30
“During the year, donations of £25,000 (2023 - £31,450) were received from Medlock Charitable Trust.”
“During the year, unsecured bonds (including accrued interest) due to Trustees were waived of £nil (2023 - £50,545) and treated as an unrestricted donation.” — page 30
“During the year, donations of £25,000 (2023 - £31,450) were received from Medlock Charitable Trust.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- AMANDA HARPER
- Alison Pavier
- Matthew Benjamin Nicholls
- Paula Shore
- Richard Clavell Stanley Hall
- SIMON JOHNSON
- STEPHANIE DIANE HALL
- Sarah Jane McFarlane
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £554k | £480k |
| 31/12/2023 | £1.0m | £758k |
| 31/12/2022 | £931k | £946k |
| 31/12/2021 | £1.1m | £1.0m |
| 31/12/2020 | £589k | £525k |
Common questions
Is BATH FESTIVALS financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net deficit of £14,568, with unrestricted reserves at a negative £17,200, which is below the board's stated policy target of maintaining between £50,000 and £150,000. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to funding uncertainties, though they believe adequate resources exist for the next twelve months. Its FY2024 accounts were independently examined.
Who funds BATH FESTIVALS?
Funders whose own accounts filings name BATH FESTIVALS as a grant recipient include THE ASHLA CHARITABLE TRUST, THE MEDLOCK CHARITABLE TRUST, THE ROPER FAMILY CHARITABLE TRUST, THE BROWNSWORD CHARITABLE FOUNDATION, THE COLES-MEDLOCK FOUNDATION.