INTERNATIONAL GUITAR FOUNDATION & FESTIVALS
Latest income
£231k
Latest spending
£227k
Registered
1995
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £98,442, which is below the trustees' stated policy target of three months' expenditure. The charity reported a net income surplus of £3,258 for the year, supported by incoming resources of £230,507 against total expenditures of £227,249.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“At 31 December 2024 the charity had reserves of £95,441 (2023 £95,184). As noted in the review of activities, the charity has implemented a series of policies in order to increase reserves to the desired level.”
Per its FY2024 accounts as filed with the Charity Commission.
Funders the charity credits
- Arts Council England
- PRS Foundation
- PPL
- Creative Europe Programme
- The Ambache Charitable Trust
- The Anthony and Elizabeth Mellows Charitable Settlement
- The Aspinwall Educational Trust
- The Austin and Hope Pilkington Trust
- Colwinston Charitable Trust
- Community Foundation North East
- The D'Oyly Carte Charitable Trust
Trustees
- Dr NEIL SHABAN
- Jason Sidwell
- Professor Stephen Mark Goss
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £231k | £227k |
| 31/12/2023 | £227k | £222k |
| 31/12/2022 | £200k | £199k |
| 31/12/2021 | £227k | £225k |
| 31/10/2020 | £235k | £224k |
Common questions
Is INTERNATIONAL GUITAR FOUNDATION & FESTIVALS financially healthy?
The accounts state that unrestricted reserves stood at £98,442, which is below the trustees' stated policy target of three months' expenditure. The charity reported a net income surplus of £3,258 for the year, supported by incoming resources of £230,507 against total expenditures of £227,249. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE E C SOSNOW CHARITABLE TRUST | 1 | £25k |
| WOKING UNITED REFORMED CHURCH CHARITY | 1 | £19k |
| SYDNEY AND PHYLLIS GOLDBERG MEMORIAL CHARITABLE TRUST | 1 | £15k |
| THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUST | 1 | £10k |
| DR RADCLIFFE'S TRUST | 1 | £3k |