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NEKO TRUST

Registered charity 1112141 · accounts filings on the Charity Commission register · also known as CATO TRUST

To develop and sustain the live music industry by creating meaningful access, education and career opportunities for young people and adults.

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

Latest income
£66k
Latest spending
£54k
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a negative unrestricted fund balance of £17,088 at year-end, an improvement from the previous year's deficit of £28,417. The trustees confirmed they have adequate resources to continue in operational existence for the forthcoming twelve months, adopting the going concern basis. The organization generated total income of £65,573 against expenditure of £54,244, resulting in a net income for the year.

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

What the accounts disclose

Highest-paid employee band: Under £60,000
“No employee received remuneration amounting to more than £60,000 in either year.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-17k)
“The Trustees have examined the charity's reserves which show reserves available at the balance sheet date have increased to a negative balance of £17,088 (2023: negative £28,417). The Trustees are very aware that this position needs to improve, and the level of reserves held will be continuously monitored and reviewed annually by the Trustees at the AGM.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Mr G Rowe received £22,000; Ms C M Ward received £nil.
“The following amounts were received from the charity to trustees for services, during the year: • Ms C M Ward £nil (2023: £2,000) • Mr G Rowe £22,000 (2023: £16,800)” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

1 registered titlein England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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£66k£54k
31/12/2023£31k£93k
31/12/2022£243k£293k
31/12/2021£366k£464k
31/12/2020£330k£219k

Common questions

Is NEKO TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a negative unrestricted fund balance of £17,088 at year-end, an improvement from the previous year's deficit of £28,417. The trustees confirmed they have adequate resources to continue in operational existence for the forthcoming twelve months, adopting the going concern basis. The organization generated total income of £65,573 against expenditure of £54,244, resulting in a net income for the year. Its FY2024 accounts were independently examined.

What does the highest-paid employee of NEKO TRUST earn?

Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.