SPITALFIELDS FESTIVAL LIMITED

Registered charity 1052043 · accounts filings on the Charity Commission register · also known as SPITALFIELDS FESTIVAL

We are a creative charity in East London. We use music to bring diverse communities together through high-quality performances, an industry leading artist development programme, and award-winning projects in our community.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£439k
Latest spending
£460k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £148,187 for the year, resulting in a final deficit of £138,791 after investment gains. Per the trustees' report, the organisation acknowledges significant funding challenges and a need to replenish reserves imminently, though unrestricted reserves of £51,346 remain within the stated policy target range of £50,000-£60,000.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Public sources (29% of income)
“29% from public sources (29%)” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £50,000-£60,000 (held: £51k)
“trustees have set a target range for unrestricted reserves at £50,000-£60,000, which would be required in the event of an orderly wind up of the charity.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Spitalfields Music (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2022)

Total income
£581k
Total spending
£546k
Cost of raising funds
£65k
Reserves (reported)
£276k
Employees
5

Reported reserves equal ~6.1 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (84% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 11.2% of total income — in the top quarter for charities its size (median 2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Barking And Dagenham · City Of London · Hackney · Newham · Throughout London · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/03/2026£439k£460k
31/03/2025£328k£477k
31/03/2024£332k£438k
31/03/2023£302k£529k
31/03/2022£581k£546k

Common questions

Is SPITALFIELDS FESTIVAL LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £148,187 for the year, resulting in a final deficit of £138,791 after investment gains. Per the trustees' report, the organisation acknowledges significant funding challenges and a need to replenish reserves imminently, though unrestricted reserves of £51,346 remain within the stated policy target range of £50,000-£60,000. Its FY2025 accounts were independently examined.

Who funds SPITALFIELDS FESTIVAL LIMITED?

Funders whose own accounts filings name SPITALFIELDS FESTIVAL LIMITED as a grant recipient include THE MARCHUS TRUST, THE HAROLD HYAM WINGATE FOUNDATION, DR RADCLIFFE'S TRUST, VAUGHAN WILLIAMS FOUNDATION, CHAPMAN CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE MARCHUS TRUSTFY2024£5k
THE HAROLD HYAM WINGATE FOUNDATIONFY2023£4k
DR RADCLIFFE'S TRUSTFY2025£3kThe Primary Big Sing
VAUGHAN WILLIAMS FOUNDATIONFY2024£2kMusic Festivals
CHAPMAN CHARITABLE TRUSTFY2023£2k
VAUGHAN WILLIAMS FOUNDATIONFY2023£1kMusic Festivals
DR RADCLIFFE'S TRUSTFY2024£1kNewYVC Young Artist Scheme 2023/24

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The Mercers' Company03/05/2018£40kGrant to Spitalfields Music
City Bridge Foundation31/01/2018£90kGrant to Spitalfields Festival Limited
City Bridge Foundation15/04/2010£54kGrant to Spitalfields Festival Limited
City Bridge Foundation19/02/2009£22kGrant to Spitalfields Festival Limited

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with IFORD ARTS LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SPITALFIELDS FESTIVAL LIMITED£439k—0unclear—no doubt
IFORD ARTS LIMITED FY2025£655k—0unclear—material uncertainty
London Development Trust Ltd FY2025£1.2m——unclear—no doubt
KEYNSHAM MUSIC FESTIVAL ASSOCIATION LTD FY2024£105k—0unclear—noted
WILTSHIRE MUSIC CENTRE TRUST LTD FY2025£1.2m—0unclear—no doubt
CATERHAM BARRACKS COMMUNITY TRUST FY2025£722k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.