READIPOP
MUSIC CHANGING LIVES...READIPOP:- Creates work that inspires people and improves lives.- Nurtures creativity as a vital part of a fulfilled life.- Connects people through a shared love of music.Beneficiaries: People who are socially and economically disadvantaged, with a focus on young people - in order to improve lives and nurture a vibrant musical and creative community.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds are in deficit at £(43,396), resulting in free reserves in deficit of £242,817 after accounting for fixed assets and loans. The trustees have stated a reserves policy to break-even annually while growing the company, and the charity has plans in place to achieve positive free reserves within 2-3 years.
What the accounts disclose
“The current reserves policy is to break-even on an annual basis whilst growing the company in accordance with our business plan.” — page 8
“One Trustee was paid £1,804.23 (2024- £1,313.50) for work as artists liaison for Readipop Festival 2024” — page 27
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CHRIS BLOOMFIELDchair
- ANDREW SCREEN
- Anna Codling
- Aundre Goddard
- Cheryl Harper-Duffin
- Katy Pike
- MICHAEL JACOB
- Natalie Applewhaite- Morgan
- Sophia Plowright
- TIMOTHY GREAVES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £818k | £521k |
| 31/03/2024 | £479k | £477k |
| 31/03/2023 | £417k | £424k |
| 31/03/2022 | £285k | £262k |
| 31/03/2021 | £489k | £306k |
Common questions
Is READIPOP financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted funds are in deficit at £(43,396), resulting in free reserves in deficit of £242,817 after accounting for fixed assets and loans. The trustees have stated a reserves policy to break-even annually while growing the company, and the charity has plans in place to achieve positive free reserves within 2-3 years. Its FY2025 accounts were independently examined.
Who funds READIPOP?
Funders whose own accounts filings name READIPOP as a grant recipient include THE NATIONAL FOUNDATION FOR YOUTH MUSIC, THE EARLEY CHARITY, THE BLAGRAVE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | FY2025 | £150k | |
| THE EARLEY CHARITY | FY2025 | £50k | Earley Charity Workers |
| THE EARLEY CHARITY | FY2025 | £49k | Capital Grants Programme |
| THE BLAGRAVE TRUST | FY2023 | £22k | Increasing civil society's accountability to young people |
| THE BLAGRAVE TRUST | FY2025 | £21k | Increasing civil society's accountability to young people |
| THE BLAGRAVE TRUST | FY2022 | £20k | Increasing civil society's accountability to young people |
| THE BLAGRAVE TRUST | FY2024 | £20k | Increasing civil society's accountability to young people |
| THE EARLEY CHARITY | FY2024 | £20k | Ongoing Partnership Funding |
| THE EARLEY CHARITY | FY2025 | £15k | Ongoing Partnership Funding |
| THE EARLEY CHARITY | FY2023 | £0 | Trustee Led Grants |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/10/2025 | £38k | Access All Areas - extra hours |
| The National Lottery Community Fund | 19/12/2024 | £20k | Access improvements - Readipop Studios |
| The National Lottery Community Fund | 10/03/2023 | £10k | Readipop Studios |
| UK government | 01/04/2022 | £3k | READIPOP |
| The National Lottery Heritage Fund | 13/10/2021 | £83k | "X0X - ELECTRONIC MUSIC HERITAGE" |
| The National Lottery Community Fund | 03/01/2020 | £9k | Readipop Relocation |
| The National Lottery Heritage Fund | 22/10/2014 | £40k | "Reading on tour: Reading's cultural heritage trail" |
| The National Lottery Heritage Fund | 19/09/2011 | £25k | "Off the beaten track - Reading's unknown, underground and unsung musical heritage." |
| The National Lottery Community Fund | 20/04/2011 | £10k | Caversham Festival - Community Programme |