ST ALBANS CATHEDRAL MUSIC TRUST
To promote and advance the education of the public in the art of music particularly at or in connection with the Cathedral and Abbey Church of St Alban.To promote and advance the Christian religion and public worship connected with it through the support of music at or in connection with the Cathedral and Abbey Church of St Alban.
Financial health, per its FY2025 accounts
The accounts state that the Trust's total net assets stood at £3,359,112, with unrestricted free reserves of £18,680, which is above the trustees' target trend level of £15,000 to £20,000. The Trust reported a net movement in funds of £(126,232) for the year, primarily driven by a net loss on investment revaluations of £140,890. The trustees confirm there are no material uncertainties regarding the Trust's ability to continue as a going concern.
What the accounts disclose
“The Trust aims to maintain its free reserves at a trend level of around £15,000 to £20,000.”
“Included in Consultancy fees for 2025, is an amount of £1,871 paid to Strand PR Limited for a branding review, brand design concepts and implementation programme. Laura Pearce is the sole director of Strand PR Limited and a trustee of the St Albans Music Trust.” — page 1
“The Trust made grants for the benefit of the Cathedral towards music of £117,092 (2024: £110,031) in the year.”
“Included in Consultancy fees for 2025, is an amount of £1,871 paid to Strand PR Limited for a branding review, brand design concepts and implementation programme. Laura Pearce is the sole director of Strand PR Limited and a trustee of the St Albans Music Trust.” — page 1
“The Trust made grants for the benefit of the Cathedral towards music of £117,092 (2024: £110,031) in the year.”
Trustees
- Lionel Wallacechair
- Charles Edmund Francis Naylor
- Laura Pearce
- PETER LETANKA
- Richard David John Pinel
- Very Revd JOANNE KELLY-MOORE
- Virginia TROWER
- William Fox
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £145k | £130k |
| 30/11/2024 | £180k | £147k |
| 30/11/2023 | £112k | £125k |
| 30/11/2022 | £112k | £117k |
| 30/11/2021 | £128k | £129k |
Common questions
Is ST ALBANS CATHEDRAL MUSIC TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust's total net assets stood at £3,359,112, with unrestricted free reserves of £18,680, which is above the trustees' target trend level of £15,000 to £20,000. The Trust reported a net movement in funds of £(126,232) for the year, primarily driven by a net loss on investment revaluations of £140,890. The trustees confirm there are no material uncertainties regarding the Trust's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds ST ALBANS CATHEDRAL MUSIC TRUST?
Funders whose own accounts filings name ST ALBANS CATHEDRAL MUSIC TRUST as a grant recipient include THE LANCASHIRE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LANCASHIRE FOUNDATION | FY2024 | £3k |
Funders of similar charities
Charities like this
- CATHEDRAL MUSIC TRUST
- CATHEDRAL AND ABBEY CHURCH OF ST ALBAN
- CANTERBURY CATHEDRAL TRUST FUND
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S, ST ALBANS
- WESTMINSTER CATHEDRAL CHOIR SCHOOL
- DURHAM CATHEDRAL CHOIR ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST ALBANS CATHEDRAL MUSIC TRUST | £145k | — | 0 | unclear | — | no doubt |
| CATHEDRAL MUSIC TRUST | £1.2m | — | 0 | below | — | no doubt |
| CATHEDRAL AND ABBEY CHURCH OF ST ALBAN | £3.4m | more than £60,000 | 2 | unclear | — | no doubt |
| CANTERBURY CATHEDRAL TRUST FUND | £430k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER'S, ST ALBANS | £689k | — | 0 | above | — | no doubt |
| WESTMINSTER CATHEDRAL CHOIR SCHOOL | £7.1m | — | — | unclear | — | no doubt |