BLACKPOOL MUSIC SCHOOL
To advance the musical education for the benefit of the public, primarily but not exclusively for those who are, disabled, and those who have need by reason of their social or economic circumstances. This will be achieved through the provision of classes and performances
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £2,063 for the year, resulting in a negative unrestricted fund balance of £1,474. The trustees' report notes that the charity currently operates with minimal reserves and aims to increase them through increased student intake and fundraising. Total incoming resources were £116,556, while total resources expended were £114,493.
What the accounts disclose
“The charity currently operates with minimal reserves, with no specific investments other than bank accounts.” — page 3
“Other debtors includes money owed from Blackpool Music Academy CIC, of which the Trustees are Directors; totalling £2,272 (2024: £9,797). RESTRICTED FUNDS National Lottery Grant Helping the Community with Music project funded by the National Lottery providing music and ‘a meal for the local community and work for local musicians Vera Wolstencroft Fund Grant To fund renovations to the building, to deal with the increase in student numbers. Page 71 BLACKPOOL MUSIC SCHOOL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025. 2024 £ £ INCOME AND ENDOWMENTS Donations and legacies Donations 8,920 4,092 Grants 42,576 11,000 51,496 15,092 Other trading activities Fundraising events 445 456 Student fees 64,615 54,947 65,060 55,403 Total incoming resources 116,556 70,495 EXPENDITURE Other trading activities Tutor fees and exams 46,058 38,379 Instrument Repairs - 2,974 Project Expenses 6,498 4,749 Bank interest (252) (90) 52,304 46,012 Support costs Finance “he Hh oe Bank charges _ ow 472 309 Information technology Repairs and renewals)” 18,067 - Administrative expenses Rent 21,200 10,300 Support Costs 11,450 14,920 Travel and subsistence 473 366 General expenses °° 4,586 2,797 Advertising 165 144 Depreciation of tangible fixed assets 3,028 3,082 40,902 31,609 This page does not form part of the statutory financial statements Page 12 BLACKPOOL MUSIC SCHOOL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Administrative expenses Governance costs Accountancy and legal fees Total resources expended Net income/(expenditure) 2025 2024 £ £ 2,748 1,207 114,493 79,137 2,063 (8,642) This page does not form part of the statutory financial statements Page 13” — page 13
Funders the charity credits
- THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST
- SITA Trust
- Coastal Housing
- Awards for All
Trustees
- JOHN SHAWchair
- Ed Christiano
- Hywel Griffiths
- NICHOLAS PETER WHITESIDE
- Peter Geoffrey Smith
- Russell Ramsey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £117k | £114k |
| 31/03/2024 | £70k | £79k |
| 31/03/2023 | £63k | £71k |
| 31/03/2022 | £66k | £71k |
| 31/03/2021 | £64k | £55k |
Common questions
Is BLACKPOOL MUSIC SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £2,063 for the year, resulting in a negative unrestricted fund balance of £1,474. The trustees' report notes that the charity currently operates with minimal reserves and aims to increase them through increased student intake and fundraising. Total incoming resources were £116,556, while total resources expended were £114,493. Its FY2025 accounts were independently examined.
Who funds BLACKPOOL MUSIC SCHOOL?
Funders whose own accounts filings name BLACKPOOL MUSIC SCHOOL as a grant recipient include THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST | FY2022 | £25k | |
| THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST | FY2021 | £18k | |
| THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST | FY2024 | — |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/06/2024 | £20k | Helping the community with music |
| The National Lottery Community Fund | 21/04/2023 | £10k | Helping the community with music |
| The National Lottery Community Fund | 28/01/2021 | £10k | Breath Easy |
| UK government | 26/06/2020 | £4k | VSCE CMC Fund |
| The National Lottery Community Fund | 13/09/2018 | £10k | Blackpool Rocks |
| The National Lottery Community Fund | 05/08/2015 | £10k | BMA community refurbish building project |
| The National Lottery Community Fund | 08/02/2012 | £10k | BMA Community Cafe |
| The National Lottery Community Fund | 19/12/2005 | £4k | Start-up costs |