THE BLACKHEATH CONSERVATOIRE OF MUSIC AND THE ARTS LTD
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £47,445 for the year ended 31 August 2023, with total income increasing to £1,691,330. However, the unrestricted general fund remains in deficit at £541,753, and the trustees' reserves policy aims to eliminate this deficit by building reserves to cover three months of overheads. The charity holds significant restricted funds (£98,693) and maintains adequate cash reserves to meet liabilities as they fall due.
What the accounts disclose
“The Trustees intend to increase reserves to a level that will enable the Company to meet the overheads of the organisation for a three month period.” — page 9
Funders the charity credits
- Big Give
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Anna Rose Mason
- Duncan Campbell
- Emma Louise Southworth
- Emma Smillie
- James Radford
- Jennifer Susan Ramsey
- Mhairi Baxter
- Olyvia Oforiwa Shaw
- Thomas Lee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.8m | £1.8m |
| 31/08/2024 | £1.7m | £1.7m |
| 31/08/2023 | £1.7m | £1.6m |
| 31/08/2022 | £1.3m | £1.5m |
| 31/08/2021 | £1.4m | £1.2m |
Common questions
Is THE BLACKHEATH CONSERVATOIRE OF MUSIC AND THE ARTS LTD financially healthy?
The accounts state that the charity reported a net surplus of £47,445 for the year ended 31 August 2023, with total income increasing to £1,691,330. However, the unrestricted general fund remains in deficit at £541,753, and the trustees' reserves policy aims to eliminate this deficit by building reserves to cover three months of overheads. The charity holds significant restricted funds (£98,693) and maintains adequate cash reserves to meet liabilities as they fall due. Its FY2023 accounts were audited by Knox Cropper LLP.