SUMMERTOWN CHORAL SOCIETY
Educating the public in the Art and Science of Music by the rehearsal of choral music, the presentation of public concerts and other charitable activities.
Financial health, per its FY2025 accounts
The accounts state that the charity’s financial position is sound, with unrestricted funds of £29,764 at the end of the year, representing a 25% growth from the previous year. The charity reported a surplus of £5,862 for the year, with total income of £37,507 and total expenditure of £31,645. The trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Reserves are held to: • fund expenditure needed before revenue is received or meet smaller annual losses incurred as part of normal activities when annual revenue does not meet expectations (operational reserves) • cover extraordinary events which cause major disruption to the choir’s activities and income and which cannot be covered by other sources such as insurance (emergency reserves) • invest in future projects which cannot be met out of annual income (discretionary spend reserves)”
Trustees
- Caroline Best
- Deborah Mary Lawrence-Wilson
- Dr Alison Maynard Hill
- Felicity Record
- Lindsey Charles
- Maria Scott
- Mary Elizabeth Cole Fox
- Sean Padraic Wilson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £38k | £32k |
| 31/07/2024 | £39k | £32k |
| 31/07/2023 | £29k | £30k |
| 31/07/2022 | £25k | £24k |
| 31/07/2021 | £7k | £10k |
Common questions
Is SUMMERTOWN CHORAL SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity’s financial position is sound, with unrestricted funds of £29,764 at the end of the year, representing a 25% growth from the previous year. The charity reported a surplus of £5,862 for the year, with total income of £37,507 and total expenditure of £31,645. The trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.