BUSKAID
Buskaid runs a Music School in Soweto, teaching violin, viola, cello and double bass to more than eighty young musicians aged between 4 and 25. Funds for the School are raised through charitable trusts in South Africa, the USA and the UK. In addition, Buskaid has supported students from the Music School who have been successful in gaining places for tertiary study at music college in the UK.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC BY PROMOTING THE PERFORMANCE AND APPRECIATION OF EUROPEAN CLASSICAL MUSIC SYMPHONIC CHORAL AND CHAMBER PARTICULARLY IN THE TOWNSHIPS OF SOUTH AFRICA BY RESIDENTS OF SUCH TOWNSHIPS AND THE WORLDWIDE PUBLIC APPRECIATION OF SUCH PERFORMANCES AND GENERALLY TO PROMOTE CLASSICAL MUSICAL AND INSTRUMENTAL TRAINING TOGETHER WITH TRAINING AND DEVELOPMENT OF CRAFTSMEN AND OTHERS TO REPAIR AND MAINTAIN CLASSICAL MUSICAL INSTRUMENTS OF RESIDENTS OF SUCH TOWNSHIPS; AND TO PROMOTE LIKE ACTIVITIES IN OTHER IMPOVERISHED REGIONS OF THE WORLD
Financial health, per its FY2021 accounts
The accounts state that the charity reported a net movement in funds of negative £7,994 for the year ended 31 December 2021, resulting in total net assets decreasing from £22,910 to £14,915. The unrestricted fund balance fell significantly from £11,173 to £4,245, while restricted funds remained relatively stable at £10,670. The filing confirms the financial statements were prepared on a going concern basis with no material uncertainties disclosed.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- HENRIETTA WAYNE
- PAUL BOUCHER
- ROSEMARY NALDEN MBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £277k | £14k |
| 31/12/2023 | £20k | £10k |
| 31/12/2022 | £14k | £8k |
| 31/12/2021 | £29k | £37k |
| 31/12/2020 | £12k | £12k |
Common questions
Is BUSKAID financially healthy?
Per its FY2021 accounts: The accounts state that the charity reported a net movement in funds of negative £7,994 for the year ended 31 December 2021, resulting in total net assets decreasing from £22,910 to £14,915. The unrestricted fund balance fell significantly from £11,173 to £4,245, while restricted funds remained relatively stable at £10,670. The filing confirms the financial statements were prepared on a going concern basis with no material uncertainties disclosed. Its FY2021 accounts were independently examined.