THE HASTINGS MUSIC ENDOWMENT FUND
Support of Music at Peterborough Cathedral
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £62,664 against a stated policy target of maintaining a cash reserve equal to one quarter of grant giving. The charity holds significant endowment assets of £2,473,007 and reports adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees have a policy of maintaining a cash reserve equal to one quarter grant giving, thereby ensuring grant giving can be maintained if unexpectedly there was a delay in receipt of income or there was a temporary decline in that income.”
Register events
- Received assets from another charity (31/08/2022)
Trustees
- SIMON NURSERchair
- ALEXANDER SPIRES
- Anne McDonald
- BENJAMIN TRENCHARD
- CHRISTOPHER JAMES STRANGE
- Clare Anne Heath
- Marius Carney
- RICHARD FRANCIS TAPP
- Rev Canon Timothy Morris Alban Jones
- UMER ARIF
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £127k | £158k |
| 31/03/2024 | £111k | £107k |
| 31/03/2023 | £104k | £72k |
| 31/03/2022 | £76k | £68k |
| 31/03/2021 | £76k | £69k |
Common questions
Is THE HASTINGS MUSIC ENDOWMENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £62,664 against a stated policy target of maintaining a cash reserve equal to one quarter of grant giving. The charity holds significant endowment assets of £2,473,007 and reports adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SCOPS ARTS TRUST | 1 | £12k |
| The Patricia Routledge Foundation | 1 | £8k |
| THE MARCHUS TRUST | 1 | £5k |
| THE ANCHOR FOUNDATION | 1 | £500 |
Charities like this
- EXETER CATHEDRAL MUSIC FOUNDATION (CIO)
- SALISBURY CATHEDRAL CHORAL FOUNDATION
- CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST
- PETERBOROUGH SINGS!
- CALVARY CHAPEL HASTINGS LIMITED
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HASTINGS MUSIC ENDOWMENT FUND | £127k | — | 0 | unclear | — | no doubt |
| EXETER CATHEDRAL MUSIC FOUNDATION (CIO) | £289k | — | 0 | unclear | — | no doubt |
| SALISBURY CATHEDRAL CHORAL FOUNDATION | £407k | — | 0 | unclear | — | no doubt |
| CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST | £295k | — | 0 | unclear | — | no doubt |
| PETERBOROUGH SINGS! | £248k | — | 0 | unclear | — | no doubt |
| CALVARY CHAPEL HASTINGS LIMITED | £124k | — | — | unclear | — | no doubt |