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WIRKSWORTH MUSIC CENTRE CHARITABLE TRUST

Registered charity 1137242 · accounts filings on the Charity Commission register · also known as WIRKSWORTH MUSIC CENTRE

We provide opportunities for group playing to young musicians of all ages and abilities, form those learning about music to very proficient instrument players.

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

Latest income
£30k
Latest spending
£22k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with unrestricted reserves of £23,326, which exceeds its stated policy target of maintaining a £20,000 surplus. The trustees note that the reported net receipts were inflated by an unusual double grant receipt, and adjusted for this, the position was just above break-even.

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

What the accounts disclose

Fundraising cost ratio: 352.0% of fundraised income
“The highest value donation from an individual and also from a related party was from a Trustee's spouse for membership subscription for two children totalling £352.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £20k (held: £23k)
“We aim to keep a surplus of £20k in the bank to cover potential deficit caused by a drop in numbers and revenue” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received £1,600 for music tuition services and £103 for expenses.
“During the period, one trustee received a total of £1,600 for the provision of music tuition services, plus £103 expenses for Instruments/Music/Equipment.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee's spouse paid membership subscriptions for two children.
“The highest value donation from an individual and also from a related party was from a Trustee's spouse for membership subscription for two children totalling £352.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Derbyshire

Income and spending

Financial year endIncomeSpending
31/08/2025£30k£22k
31/08/2024£17k£23k
31/08/2023£19k£24k
31/08/2022£20k£24k
31/08/2021£13k£6k

Common questions

Is WIRKSWORTH MUSIC CENTRE CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted reserves of £23,326, which exceeds its stated policy target of maintaining a £20,000 surplus. The trustees note that the reported net receipts were inflated by an unusual double grant receipt, and adjusted for this, the position was just above break-even. Its FY2025 accounts were independently examined.