THE VOX MUSICA TRUST
The promotion, development and maintenance of public education in, and appreciation of, music in all its aspects anywhere in the world.
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR ANY PART OR PARTS OF THE CAPITAL FOR OR TOWARDS THE PROMOTION IMPROVEMENT DEVELOPMENT AND MAINTENANCE OF PUBLIC EDUCATION IN AND APPRECIATION OF MUSIC IN ALL ITS ASPECTS IN PARTICULAR MUSICAL WORKS FOR SOLO AND CAPELLO VOICES AND VOICES WITH INSTRUMENTS SUCH OBJECT TO BE CARRIED OUT ANYWHERE IN THE WORLD AS THE TRUSTEES MAY DECIDE PROVIDED THAT THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves fell to £45,397 at the year-end, which the trustees believe are sufficient to support donations and direct costs without a stated policy target. The charity reported a net expenditure of £141,727 against investment income of £32,831, resulting in a net movement in funds of a loss of £127,003. The auditor confirmed that the use of the going concern basis was appropriate and identified no material uncertainties regarding the charity's ability to continue in operational existence.
What the accounts disclose
“As there were no outstanding commitments as at the year-end the trustees believe these reserves are sufficient to support donations as they are agreed and other direct costs; this policy is reviewed at each trustees' meeting.”
“During the year donations of £25,000 (2024: £40,250) and £5,000 (2024: £5,000) were made to Sinfonia Smith Square Foundation, a charitable company and Spiritato, a charitable organisation, respectively, in which J Berman and K Verney have significant influence. During the year, £6,756 (2024: £nil) was paid to trustees and related parties as reimbursement of expenses in relation to the main operations of the charity. The trustees received no remuneration during the year (2024: £nil). Page 17” — page 19
Policies the charity declares
- Investing charity funds policy and procedures
- Investment
- Risk management
Trustees
- KATHARINE PRISCILLA VERNEY
- KEITH TONY PARKER
- MR J. MICHAEL BERMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £33k | £175k |
| 05/04/2024 | £37k | £209k |
| 05/04/2023 | £30k | £133k |
| 05/04/2022 | £19k | £68k |
| 05/04/2021 | £17k | £58k |
Common questions
Is THE VOX MUSICA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves fell to £45,397 at the year-end, which the trustees believe are sufficient to support donations and direct costs without a stated policy target. The charity reported a net expenditure of £141,727 against investment income of £32,831, resulting in a net movement in funds of a loss of £127,003. The auditor confirmed that the use of the going concern basis was appropriate and identified no material uncertainties regarding the charity's ability to continue in operational existence. Its FY2025 accounts were audited by UNW LLP.