MUSIC FOR LIFE ACADEMY
To generate hope and healing for innocent and abandoned children of Africa caught up in areas of conflict and crisis bya) providing for their long term well being and educational needsb) instilling ethical and moral principles through teaching and leading example; andc) serving as an advocate of the beauty and dignity of the African child around the world
Financial health, per its FY2025 accounts
The accounts state that the charity returned a net outgoing resource of £121,932 for the year ended 31 March 2025, resulting in unrestricted funds decreasing to £245,486. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, and the independent auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
“During the year the charity recognised donations of £1,279 (2024 - £6,320) from its subsidiary, Music for Life Records Limited. At the balance sheet date an amount of £7,455 (2024 - £3,546) was due from Music for Life Records Limited.” — page 27
“The charity's trading subsidiary, Music for Life Records Limited reported a turnover of £5,794 (2024 - £7,151).” — page 5
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Structured financials (annual return, FY ending 31/03/2023)
Register events
- Received assets from another charity (19/12/2023)
- Received assets from another charity (19/12/2023)
Trustees
- ROBERT HUNTER
- SUZANNE NELSON
- Sally Anne France
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £180k | £302k |
| 31/03/2024 | £146k | £317k |
| 31/03/2023 | £536k | £195k |
| 31/03/2022 | £198k | £205k |
| 31/03/2021 | £214k | £199k |
Common questions
Is MUSIC FOR LIFE ACADEMY financially healthy?
Per its FY2025 accounts: The accounts state that the charity returned a net outgoing resource of £121,932 for the year ended 31 March 2025, resulting in unrestricted funds decreasing to £245,486. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, and the independent auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by GMcG LISBURN.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MISS E F RATHBONE CHARITABLE TRUST | 2 | £4k |
| THE KARLSSON JATIVA CHARITABLE FOUNDATION | 1 | £105k |
| THE GEOFFREY AND PAULINE MARTIN TRUST | 1 | £32k |
| WARWICK RELIEF IN NEED CHARITY | 1 | £26k |
| THE HARDING TRUST | 1 | £25k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £25k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £25k |
| EDWARDS FAMILY CHARITABLE TRUST | 1 | £22k |
Charities like this
- PURPOSE OF LIFE
- CAREDUCATION TRUST LTD
- MUSIC OF LIFE FOUNDATION
- THE MUSIC FOR SCHOOLS FOUNDATION
- FRIENDS OF THE EDWARD SAID NATIONAL CONSERVATORY OF MUSIC UK
- HELP FOR HEALTH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MUSIC FOR LIFE ACADEMY | £180k | — | 0 | above | — | no doubt |
| PURPOSE OF LIFE | £2.6m | — | 0 | unclear | — | no doubt |
| CAREDUCATION TRUST LTD | £133k | — | 0 | unclear | — | no doubt |
| MUSIC OF LIFE FOUNDATION | £524k | — | 0 | above | — | no doubt |
| THE MUSIC FOR SCHOOLS FOUNDATION | £608k | — | 0 | above | — | no doubt |
| FRIENDS OF THE EDWARD SAID NATIONAL CONSERVATORY OF MUSIC UK | £105k | — | 0 | above | 60.0% | no doubt |