THE STRADIVARI TRUST
Financial health, per its FY2023 accounts
The Stradivari Trust reported a deficit for the year ended 5 April 2023, primarily because its major sponsor became ill and no donation was received. The charity holds unrestricted funds of £8,905 and total funds of £60,948, with a reserves policy to retain sufficient funds to cover known expenditure for a three-month period. The trustees anticipate returning to a surplus in the following year by securing alternative funding sources.
What the accounts disclose
“The trustees have been looking at alternative sources of funding and expect to return a surplus in the year to 5th April 2023.”
Trustees
- ANDREW THOMAS SWARBRICK
- Alicja Anna Smietana
- Andrew Little
- Dr Colin Smithers
- Dr NIGEL JOHN YANDELL
- JOHN ANTHONY WILLAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £144k | £31k |
| 05/04/2024 | £74k | £27k |
| 05/04/2023 | £61k | £40k |
| 05/04/2022 | £23k | £46k |
| 05/04/2021 | £44k | £44k |
Common questions
Is THE STRADIVARI TRUST financially healthy?
The Stradivari Trust reported a deficit for the year ended 5 April 2023, primarily because its major sponsor became ill and no donation was received. The charity holds unrestricted funds of £8,905 and total funds of £60,948, with a reserves policy to retain sufficient funds to cover known expenditure for a three-month period. The trustees anticipate returning to a surplus in the following year by securing alternative funding sources. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £250k |
| THE BOLTINI TRUST | 1 | £111k |
| THE SACKLER TRUST | 1 | £50k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £5k |
| DR RADCLIFFE'S TRUST | 1 | £3k |