Seaham Music Academy
THE ACADEMY TEACHES YOUNG PEOPLE HOW TO PLAY STRING, WOODWIND, BRASS AND PERCUSSION INSTRUMENTS AS WELL AS KEYBOARD AND GUITAR. PROPERLY QUALIFIED , DBS-CHECKED MUSIC TUTORS ARE EMPLOYED. MEMBERSHIP IS OPEN TO ANYONE. THE ACADEMY TEACHES FROM ABSOLUTE BEGINNERS UPWARDS. MEMBERS OF THE ACADEMY ALSO GIVE PUBLIC PERFORMANCES.
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £66,785.37, matched by total expenditure of the same amount. The charity holds unrestricted reserves in the form of cash and bank balances totaling £10,605.44 at year-end, derived from a surplus of activity and opening balances.
What the accounts disclose
“Subscriptions 19650.65”
Trustees
- JAMES BAGLEY
- JANE GRAHAM LOWES
- Stephen Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £67k | £67k |
| 31/12/2023 | £52k | £46k |
| 31/12/2022 | £47k | £44k |
| 31/12/2021 | £13k | £15k |
| 31/12/2020 | £18k | £14k |
Common questions
Is Seaham Music Academy financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £66,785.37, matched by total expenditure of the same amount. The charity holds unrestricted reserves in the form of cash and bank balances totaling £10,605.44 at year-end, derived from a surplus of activity and opening balances. Its FY2024 accounts were audited by Richard Lilley.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Northern Rock Foundation | 11/10/2002 | £15k | Grant awarded to Seaham Music Academy (Durham) |