READIPOP

Registered charity 1123962 · accounts filings on the Charity Commission register

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.

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

Latest income
£818k
Latest spending
£521k
Registered
2008
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: break-even on an annual basis whilst growing the company in accordance with our business plan (held: £-43k)
“The current reserves policy is to break-even on an annual basis whilst growing the company in accordance with our business plan.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One Trustee was paid £1,804.23 for work as artists liaison for Readipop Festival 2024
“One Trustee was paid £1,804.23 (2024- £1,313.50) for work as artists liaison for Readipop Festival 2024” — page 27
Per its FY2025 accounts as filed with the Charity Commission.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£818k
Total spending
£521k
Cost of raising funds
£2k
Reserves (reported)
£40k
Employees
5

Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (75% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bracknell Forest · Hampshire · Oxfordshire · Reading · Slough · West Berkshire · Windsor And Maidenhead · Wokingham

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE NATIONAL FOUNDATION FOR YOUTH MUSICFY2025£150k
THE EARLEY CHARITYFY2025£50kEarley Charity Workers
THE EARLEY CHARITYFY2025£49kCapital Grants Programme
THE BLAGRAVE TRUSTFY2023£22kIncreasing civil society's accountability to young people
THE BLAGRAVE TRUSTFY2025£21kIncreasing civil society's accountability to young people
THE BLAGRAVE TRUSTFY2022£20kIncreasing civil society's accountability to young people
THE BLAGRAVE TRUSTFY2024£20kIncreasing civil society's accountability to young people
THE EARLEY CHARITYFY2024£20kOngoing Partnership Funding
THE EARLEY CHARITYFY2025£15kOngoing Partnership Funding
THE EARLEY CHARITYFY2023£0Trustee Led Grants

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund15/10/2025£38kAccess All Areas - extra hours
The National Lottery Community Fund19/12/2024£20kAccess improvements - Readipop Studios
The National Lottery Community Fund10/03/2023£10kReadipop Studios
UK government01/04/2022£3kREADIPOP
The National Lottery Heritage Fund13/10/2021£83k"X0X - ELECTRONIC MUSIC HERITAGE"
The National Lottery Community Fund03/01/2020£9kReadipop Relocation
The National Lottery Heritage Fund22/10/2014£40k"Reading on tour: Reading's cultural heritage trail"
The National Lottery Heritage Fund19/09/2011£25k"Off the beaten track - Reading's unknown, underground and unsung musical heritage."
The National Lottery Community Fund20/04/2011£10kCaversham Festival - Community Programme