NEWHAM MUSIC TRUST
We provide music education, therapy and activities to schools and communities throughout the London Borough of Newham .
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £1,434,748 against total expenditure of £1,493,732, resulting in a net decrease in funds of £58,984. Per the trustees' report, unrestricted reserves stood at £580,954, which is below the stated policy target of approximately six months of expenditure. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Year Ended 31.8.25 1 £70,001 - £80,000” — page 20
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Year Ended 31.8.25 1” — page 20
“The trustees consider that, given the nature of the charitable company's work, the level of reserves should be equal to approximately six months of expenditure.”
Corporate structure
- Registered company of the charity Companies House 03118107 · Financial health read from its filings
Funders the charity credits
- Jack Petchey Foundation
- Lyle’s Local Fund
- One Stage Tours
Company officers (Companies House)
- BHATTACHERJEE, Lila Anjali on trustee list
- NIMAN, Edmund Brian on trustee list
- BECKETT, Susan Heather on trustee list
- ORIAKHI, Elizabeth Ayodeji on trustee list
- CULLEN, Fiona Chesney on trustee list
- BOUX, Jonny Andre not on trustee list
- BARBER, John Leslie on trustee list
- BOWDEN, Christine Helen on trustee list
- BERGIN, John
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- John Christopher Brannickchair
- CHRISTINE BOWDEN
- EDMUND BRIAN NIMAN
- Elizabeth Ayodeji Oriakhi
- Fiona Chesney Cullen
- John Barber
- Lila Anjali Bhattacherjee
- Susan Heather Beckett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.4m | £1.5m |
| 31/08/2024 | £1.9m | £1.8m |
| 31/03/2023 | £750k | £760k |
| 31/07/2022 | £1.3m | £1.2m |
| 31/07/2021 | £1.2m | £989k |
Common questions
Is NEWHAM MUSIC TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £1,434,748 against total expenditure of £1,493,732, resulting in a net decrease in funds of £58,984. Per the trustees' report, unrestricted reserves stood at £580,954, which is below the stated policy target of approximately six months of expenditure. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Xeinadin Audit Limited.
What does the highest-paid employee of NEWHAM MUSIC TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 09/02/2022 | £24k | "Olympics 2012 Legacy Songbook" |
| The National Lottery Heritage Fund | 23/02/2021 | £10k | "NL20: Newham's Shops Docks and Factories - A Musical Celebration" |
| Greater London Authority | 01/01/2020 | £144k | Newham Music |
| The Mercers' Company | 12/10/2018 | £33k | Grant to Newham Music Trust |
| City Bridge Foundation | 03/10/2013 | £101k | Grant to Newham Music Trust |
| The National Lottery Community Fund | 04/12/2009 | £10k | Newham Vibe |
| City Bridge Foundation | 25/11/2008 | £94k | Grant to Newham Music Trust |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MAYOR OF LONDON'S FUND FOR YOUNG MUSICIANS | 2 | £82k |
| DR RADCLIFFE'S TRUST | 2 | £6k |
| THE CHILDHOOD TRUST | 2 | £4k |
| The Barnes Fund | 1 | £336k |
| TRUST FOR LONDON | 1 | £113k |
| The Merchant Taylors' Foundation | 1 | £93k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £66k |
| HAMPTON FUEL ALLOTMENT | 1 | £62k |
Charities like this
- NEWHAM FOUNDATION
- NEWHAM COMMUNITY RENEWAL PROGRAMME LIMITED
- LEWISHAM MUSIC
- CAMDEN MUSIC TRUST
- ONE NEWHAM
- RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEWHAM MUSIC TRUST | £1.4m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| NEWHAM FOUNDATION | £305k | — | 0 | below | — | no doubt |
| NEWHAM COMMUNITY RENEWAL PROGRAMME LIMITED | £2.1m | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| LEWISHAM MUSIC | £1.3m | — | — | below | — | no doubt |
| CAMDEN MUSIC TRUST | £158k | — | 0 | above | — | no doubt |
| ONE NEWHAM | £163k | — | 0 | below | — | no doubt |