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The Ivors Academy Trust

Registered charity 1080325 · accounts filings on the Charity Commission register · also known as BRITISH ACADEMY OF COMPOSERS AND SONGWRITERS TRUST, BRITISH ACADEMY OF SONGWRITERS, COMPOSERS AND AUTHORS TRUST

SPONSORS OR UNDERTAKES RESEARCHACTS AS UMBRELLA OR RESOURCE BODY

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

Latest income
£127k
Latest spending
£203k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves decreased from £254,195 to £179,087 due to a net expenditure of £75,108 against income of £127,435. The trustees maintain a reserves policy targeting six months of working capital and deem it appropriate to spend reserves if revenue is insufficient to cover costs. The trustees confirm adequate resources for going concern, though they note the risk of lacking financial resources for continued operations.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months of working capital (held: £179k)
“The Ivors Academy Trust's reserve figure is set up to allow for six months of working capital” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

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

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

Structured financials (annual return, FY ending 31/12/2022)

Total income
£565k
Total spending
£260k
Cost of raising funds
£14k
Reserves (reported)
£372k
Employees
1

Reported reserves equal ~17.2 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£127k£203k
31/12/2023£123k£240k
31/12/2022£565k£260k
31/12/2021£68k£105k
31/12/2020£16k£14k

Common questions

Is The Ivors Academy Trust financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £254,195 to £179,087 due to a net expenditure of £75,108 against income of £127,435. The trustees maintain a reserves policy targeting six months of working capital and deem it appropriate to spend reserves if revenue is insufficient to cover costs. The trustees confirm adequate resources for going concern, though they note the risk of lacking financial resources for continued operations. Its FY2024 accounts were independently examined.

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.

FunderSimilar charities fundedAmount to them
LPW LIMITED1£219k
CHARITWORTH LIMITED1£110k
THE RABBI MOSHE & LEAH DERMER FOUNDATION1£76k
JEG TRUST LIMITED1£40k
UOHC FOUNDATION LTD1£25k
THE AA TRUST1£18k
SABENO LIMITED1£10k
WOODLANDS GREEN LTD1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BNJC.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The Ivors Academy Trust£127k—0unclear—no doubt
BNJC FY2025£4.1m——unclear—no doubt
ICHTHUS CHRISTIAN FELLOWSHIP FY2024£1.5m—0above—no doubt
NORMAN GARON TRUST FY2024£3.7m—0unclear—no doubt
DUKE UK TRUST LIMITED FY2025£298k—0unclear—no doubt
BRITISH FRIENDS OF CHATZER HAKODESH VIZNITZ FY2023£967k—0unclear—no doubt

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