PORTHLEVEN TOWN BAND
Musical performances and the musical education of children and young people
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £34,630 for the year ended 30 September 2025, driven by legacy funds for instrument purchases. Free reserves total £10,420, while unrestricted reserves stand at £698,679, which the trustees deem sufficient to cover general running costs. The trustees maintain a reserves policy target of three to six months' expenditure, a level they consider has been maintained throughout the year.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Trustees
- DAVID JOHN MITCHELL
- Dr Jennifer Ingrid Wingham
- JUSTIN MARK UREN
- Jason Peter Phillips
- LYNNE LEES
- Paul James Combellack
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £92k | £56k |
| 30/09/2024 | £39k | £46k |
| 30/09/2023 | £35k | £41k |
| 30/09/2022 | £18k | £32k |
| 30/09/2021 | £31k | £23k |
Common questions
Is PORTHLEVEN TOWN BAND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £34,630 for the year ended 30 September 2025, driven by legacy funds for instrument purchases. Free reserves total £10,420, while unrestricted reserves stand at £698,679, which the trustees deem sufficient to cover general running costs. The trustees maintain a reserves policy target of three to six months' expenditure, a level they consider has been maintained throughout the year. Its FY2025 accounts were independently examined.