MILAP FESTIVAL TRUST
Milap Festival Trust is a National Indian Arts Development Trust working nationally to develop, promote and support Indian arts and culture through an annual programme of music, dance, theatre and regular & extensive educational work. A particular focus of the trust is to support the professional development of young British musicians and dancers through two national orchestras, Samyo & Tarang.
Objects
THE OBJECTS OF THE CHARITY (“THE OBJECTS”) ARE THE ADVANCEMENT OF EDUCATION AND CULTURE FOR THE BENEFIT OF THE PUBLIC, INCLUDING PERSONS RESIDENT IN MERSEYSIDE AND ELSEWHERE IN THE UNITED KINGDOM AND INTERNATIONALLY, BY THE PROMOTION OF ARTS, MUSIC AND CRAFTS (MEANING THE VISUAL, LITERARY, MUSICAL, DRAMATIC OR ANY OTHER ARTS PROVIDED IN EACH CASE THAT THEY ARE OF RECOGNISED CULTURAL, AESTHETIC OR EDUCATIONAL VALUE).
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £66,085 for the year, resulting in total unrestricted funds decreasing from £263,309 to £202,224. The trustees note that expenditure exceeded income and continue to monitor the financial position closely amidst a challenging funding environment. Despite this, the organization remains solvent with no liabilities due after more than one year.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Funders the charity credits
- Liverpool City Council
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anupama Shrotri
- Dr GEETA NAYAK
- Dr Haekyung Um
- Dr Prashanthini Jeyarajan
- Harveen Kaur Mann-Neary
- Kenneth William Baird
- Mayoor Patel BCA
- Ravi Nagpaul
- Talat Farooq-Awan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £527k | £593k |
| 31/03/2024 | £542k | £566k |
| 31/03/2023 | £494k | £442k |
| 31/03/2022 | £477k | £401k |
| 31/03/2021 | £478k | £365k |
Common questions
Is MILAP FESTIVAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £66,085 for the year, resulting in total unrestricted funds decreasing from £263,309 to £202,224. The trustees note that expenditure exceeded income and continue to monitor the financial position closely amidst a challenging funding environment. Despite this, the organization remains solvent with no liabilities due after more than one year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VAUGHAN WILLIAMS FOUNDATION | 2 | £7k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £77k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £23k |
| MARIA BJORNSON MEMORIAL FUND | 1 | £15k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
| WILFRID AND CONSTANCE CAVE FOUNDATION | 1 | £14k |
| THE JOHN S COHEN FOUNDATION | 1 | £11k |
| THE TEDWORTH CHARITABLE TRUST | 1 | £11k |
Charities like this
- THE MATHIESON MUSIC TRUST
- DARBAR ARTS CULTURE AND HERITAGE TRUST
- TWO MOORS FESTIVAL LIMITED
- THE LLANGOLLEN INTERNATIONAL MUSICAL EISTEDDFOD LIMITED
- THE TILLETT TRUST
- DEAL MUSIC AND ARTS LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MILAP FESTIVAL TRUST | £527k | — | 0 | unclear | — | no doubt |
| THE MATHIESON MUSIC TRUST | £143k | — | 0 | below | — | noted |
| DARBAR ARTS CULTURE AND HERITAGE TRUST | £1.3m | — | 0 | above | — | no doubt |
| TWO MOORS FESTIVAL LIMITED | £229k | — | 0 | unclear | — | no doubt |
| THE LLANGOLLEN INTERNATIONAL MUSICAL EISTEDDFOD LIMITED | £1.5m | Under £60,000 | 0 | below | — | no doubt |
| THE TILLETT TRUST | £241k | — | 0 | above | — | no doubt |