MERCURY MUSICAL DEVELOPMENTS
Develops the craft of composers, lyricists & book writers in musical theatre. MMD nurtures & showcases new talent.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC BY ENCOURAGING THE UNDERSTANDING, APPRECIATION AND DEVELOPMENT OF MUSIC AND PRINCIPALLY THEATRICAL MUSIC ALSO KNOWN AS DRAMATICO-MUSICAL WORKS, MUSICAL THEATRE, MUSIC THEATRE, OPERA, CHAMBER OPERA, OPERETTA AND MUSICAL COMEDY IN ANY MEDIUM OR FORM FOR EVERY VARIETY OF ENSEMBLE AND FOR SOLO VOICES AND INSTRUMENTALISTS, EXPERIMENTAL, MECHANICAL, ELECTRICAL AND ELECTRONIC, ACOUSTIC AND OTHER INSTRUMENTS AND SOURCES OF SOUND FOR PERFORMANCE IN A DRAMATIC MEDIUM OR ANY OTHER MEDIUM OR FORM WITH WHICH MUSIC MAY BE ASSOCIATED
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £108,642, which the trustees consider sufficient to meet financial liabilities as they fall due. The charity reported a net deficit of £18,482 for the year, with total funds decreasing from £140,798 to £122,316. The trustees acknowledge that the principal risk is ensuring continued adequate funding for activities.
What the accounts disclose
“The directors do not look to generate a particular level of unrestricted funds but to maintain unrestricted reserves so that the charity can meet its financial liabilities as they fall due.” — page 5
Policies the charity declares
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 20
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 70
- Government income: £75,590 — grants £75,590 (2); 46% of the £165,695 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 69
Corporate structure
- Registered company of the charity Companies House 03039699
Funders the charity credits
- Arts Council England
- PRS Foundation
- The Mackintosh Foundation
- Music Theatre International Europe
- Jane Goodman Charitable Trust
- Lionel Bart Foundation
- Coral Samuel Charitable Trust
- Garfield Weston Foundation
Company officers (Companies House)
- EAMES, Matthew on trustee list
- GREENHALGH, Steven on trustee list
- GWYTHER, Rebecca Joy on trustee list
- REILLY, Sarah Louise on trustee list
- TARENTO, Danielle Claire on trustee list
- SRIVASTAVA, Sumerah on trustee list
- PIDCOCK, Stephen Marc on trustee list
Trustees
- Matthew Eameschair
- Danielle Claire TARENTO
- REBECCA GWYTHER
- SARAH REILLY
- STEPHEN MARC PIDCOCK
- STEVEN GREENHALGH
- SUMERAH SRIVASTAVA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £175k | £193k |
| 31/03/2024 | £166k | £192k |
| 31/03/2023 | £179k | £168k |
| 31/03/2022 | £151k | £184k |
| 31/03/2021 | £164k | £109k |
Common questions
Is MERCURY MUSICAL DEVELOPMENTS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £108,642, which the trustees consider sufficient to meet financial liabilities as they fall due. The charity reported a net deficit of £18,482 for the year, with total funds decreasing from £140,798 to £122,316. The trustees acknowledge that the principal risk is ensuring continued adequate funding for activities. Its FY2025 accounts were independently examined.
Who funds MERCURY MUSICAL DEVELOPMENTS?
Funders whose own accounts filings name MERCURY MUSICAL DEVELOPMENTS as a grant recipient include THE MACKINTOSH FOUNDATION, DORIS FIELD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MACKINTOSH FOUNDATION | FY2023 | £90k | |
| THE MACKINTOSH FOUNDATION | FY2025 | £5k | |
| DORIS FIELD CHARITABLE TRUST | FY2023 | £1k | Single payment |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF INDEPENDENT MUSEUMS | 1 | £285 |
Charities like this
- MERCURIAL ARTS LIMITED
- THE MARGARET ENGERING MUSIC TRUST
- THE MERCURY CHARITABLE TRUST
- MILLWARD CHARITABLE TRUST
- THE MUSICAL MUSEUM
- THE MERI TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MERCURY MUSICAL DEVELOPMENTS | £175k | — | 0 | unclear | — | no doubt |
| MERCURIAL ARTS LIMITED | £44k | — | 0 | below | — | no doubt |
| THE MARGARET ENGERING MUSIC TRUST | £140k | — | 0 | unclear | — | no doubt |
| THE MERCURY CHARITABLE TRUST | £140k | — | 0 | unclear | — | noted |
| MILLWARD CHARITABLE TRUST | £47k | — | 0 | unclear | — | no doubt |
| THE MUSICAL MUSEUM | £186k | — | 0 | unclear | — | noted |